Quiz 551: General Knowledge Questions
First Published: July 23, 2011 | Last Updated:August 4, 2019
1. In India, the RBI has mandated the banks to hold 24 per cent of their net demand and time liabilities (NDTL) in a liquid portfolio under the statutory liquidity ratio (SLR) regime. What are the benefits of this system?
- Provides strength to Financial System
- Increases flow of credit to productive sectors
- Provides growth to Indian Economy
Which among the above is/ are correct?
[A] 1 & 2
[B] 2 & 3
[C] Only 1
[D] 1, 2 & 3
Show Answer
Correct Answer: C [Only 1]
Notes:
SLR regime provides strength to the banking system and is hence stability enhancing, BUT it entails reduces the flow of credit to productive sectors with potentially adverse impact on investment and growth. So practically, SLR regime poses a growthstability trade-off dilemma for the Reserve Bank. Statement 1 is only correct in this question.
2. If the Reserve Bank of India wants to block / hinder the Capital Outflows and contain the currency depreciation, which among the following would be the most possible action?
[A] Increase Interest Rates
[B] Decrease Interest Rates
[C] Purchase Government Bonds
[D] Decrease Statutory Liquidity Ratio
Show Answer
Correct Answer: A [Increase Interest Rates]
3. The power of the commercial banks to expand deposits through expanding their loans and advances is known as which among the following?
[A] Capital Expansion
[B] Credit Expansion
[C] Credit Control
[D] Credit Creation
Show Answer
Correct Answer: D [Credit Creation]
4. Consider the following:
- Short Term Funds
- Medium Term Funds
- Long Term Funds
Which among the above is/ are dealt in the Indian Capital Market?
[A] 1 & 2
[B] 2 & 3
[C] 1 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: B [2 & 3]
Notes:
Short Term Funds – Indian Money Market,
Medium and Long Term Funds- Indian Capital Market
5. The implementation of which among the following programmes is/ was based upon the concept of the Self Help Groups (SHGs)?
[A] National Rural Employment Guarantee Act
[B] Sampoorna Grameen Rozgar Yojna
[C] Swarna Jayanti Gram Swarozgar Yojna
[D] National Food for Work Programme
Show Answer
Correct Answer: C [Swarna Jayanti Gram Swarozgar Yojna]
Notes:
The Swarnjayanti Gram Swarozgar Yojana (SGSY) was launched as an integrated programme for self-employment of the rural poor with effect from 1 April 1999. The objective of the scheme is to bring the assisted poor families above the poverty line by organizing them into Self Help Groups (SHGs) through the process of social mobilization, their training and capacity building and provision of income generating assets through a mix of bank credit and government subsidy.
6. The Mahatma Gandhi National Rural Employment Guarantee Act mandates at least what fraction of the beneficiaries to be women?
[A] 25%
[B] 30%
[C] 40%
[D] 50%
Show Answer
7. The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called?
[A] FDI
[B] Portfolio Investment
[C] NRI Investment
[D] Foreign Indirect Investment
Show Answer
Correct Answer: D [Foreign Indirect Investment]
8. Trade of which among the following commodities faced a worst shortage in Japan because of the radiation leaking from the crippled Fukushima Dai-Ichi power station?
[A] Green Tea
[B] Coffee
[C] Rice
[D] Wheat
Show Answer
Correct Answer: A [Green Tea]
9. The Financial Sector Assessment Program (FSAP) is a comprehensive and in-depth analysis of a country’s financial sector. This programme is conducted by which among the following?
[A] International Monetary Fund
[B] G-20
[C] World Economic Forum
[D] World Bank
Show Answer
Correct Answer: A [International Monetary Fund]
10. Which among the following is an incorrect statement:
[A] The regulations relating to the issue of Indian Depository Receipts contained in Securities and Exchange Board of India.
[B] The Standard Chartered PLC became the first global company to file for an issue of Indian depository receipts in India
[C] The Indian Depository Receipts derive their value from the shares deposited with custodians.
[D] In case of Indian Depository Receipts, The Custodian is always a foreign entity
Show Answer
Correct Answer: D [In case of Indian Depository Receipts, The Custodian is always a foreign entity]
Notes:
In case of Indian Depository Receipts, The Custodian is a Domestic entity registered with SEBI
Comments
goyal
absolutely good!!
ruchika
great way to enhance ur knowledge and bank preparation
JAGGU
pLZ SEND LATEST GK UPDATES IN MY MAIL ID
THANKING YOU
REG
jAGADISH
JAGGU
pLZ SEND LATEST GK UPDATES IN MY MAIL ID
THANKING YOU
REG
jAGADISH
anu
thanks for giving such valuable information and plz proving more……..
anil
helpful for CWE exam.
parthunaik
hi sir,im parthunaik.
subscriber of gktoday current affairs.
question no: 7 is given in SBI PO.
mahendra singh
in sbi po 24july 2011
7th question was as it is
suresh.m
thanks i can sit in my working company i can gain knowledge for your website thanks
take care
amit singh chauhan
i gave all the answers correct…Please give me government bank job..
Usuf Raza
Please write about the General Knowledge of Pakistan.
Yahoo!
Sir , I request you to put more and more stuff in this category .
Krishan chand yadav
Now I am working in social sector.I wants to do something different pls send knowledge my gmail id.
pragjyoti
please give more banking and finance related question for CWE exam.
vvl
this is very good.and helpful all competetive exam.keep going
abhilash
thanks, this webiste is for great help to me in preparing for govt. exams
arun
thanks for giving us flawless knowledge.
@ll the best!!!!!!
kamala
absolutely marvellous. thank you
lalit
sir kindly send me the current affairs and general awareness for bank po on my id
Saraswati Behera
Please give more current GK , banking and finance related question for CWE Exam – 2011
sambasiva
I request Plz send me the current affairs and general awareness questions for CWE exam – 2011 on my mail id…
manjeetdhanwal
sir please send gk for cwe clerical exam in hindi
kanika
ur bank is awesomme
shubham
thanks sir 4 such a valuable questionsss thans alot
jas
very gud
dinesh
nice
neha
plz send latest GK update in my email ID
manjeetdhanwal
very good g.k. its helpful in cwe exam.
rishab pathak
plz sent me latest g.k&banking sector current affairs…i like your website that’s good…thanx.
saiteja
it’s very usefull for exams of bank
saiteja
it’s so nice
Minakshi
thanks for providing such valuable information and please send the latest g.k. and banking sector current affairs on my mail id, thank you so much
viv
pls.mail such stuffs to my mail id.
thanking u.
Maria
This is really useful…. Thank you….
i need general awareness and current affairs refered to banking industry…. Pls could you send to my mail….
MANISH KUMAR
please send me gk for ibps clercial exam on my email id
jayesh
pls send every months current affairs on my email id
A sasi
pleas send me current affairs with special reference to bank and finance question and answers
Prerna
very helpful for the govt jobs…thank you
MUKESH KUMAR JHA
THIS IS SO GOOD SITE FOR THE STUDENT
Debajit
it is a good site for competitive exams
Thank you sir.
malini
how to study this general awareness bits its difficult to remembering any short cut method is there?
ganesh
plz send latest updates on gen knowledge with special ref to the banking industry to my mail……
vipin
plz send me updates of general awareness to my email id…
shashi
very informative… i liked, it i thank you for enhancing little knowledge regarding finance area
rinu
THANKS FOR SUCH A MARVELLOUS SITE.PLZ PLACE MORE & MORE SUCH TYPE OF GA.SIR IF IT IS POSSIBLE THEN SEND THIS GA TO MY MAIL ID…AGAIN THNKS A LOT………..
anirban das
good,kindly provide more solution ,that will helpfull for po/clerk exam
sharu
respected sir/madam
plz send gk sopecial refernce with banking industry fro clerk exam.
neha neelam
pls mail. current banking news of year2011….
regards
neha neelam…
mukesh
sir
please give me current G.A for SBI clerk
in my id.
yogitasn
Dear Sir / Madam,
please email G A for SBI clerk exam….
yogita
jayanthi
plz send gk with special reference with banking industry for clerk exam in my email id
mayank
Dearsir…pleaseemailmeg.kquestion sbi,clerk,po exam in my gmail id
aditya bhushan ojha
sir all types of curent affairs specialley for po and ias sends in my gmail.please sir.i request you
Aditya bhushan ojha
Sir i want to know ki ye sare gk jo hai wo bad me hide to nai hone lagenga.