Quiz 562: Current General Awareness for Bank PO Examinations

1. Which among the following Ministry is running the “Village Grain Bank Scheme”?
[A]Ministry of Agriculture
[B]Ministry of Food and Public Distribution
[C]Ministry of Tribal Affairs
[D]Ministry of Rural Development


Explanation
2. Reserve Bank of India is in the process of introducing which among the following to protect banks against possible adverse effects from the activities of their non-banking financial subsidiaries?
[A]Financial Holding Company
[B]Bank Holding Company
[C]Bureau of Credit Union
[D]Financial Institutions Examination Cell


3. Recently, Operational Safety Review Team (OSART) of IAEA is being invited to visit which among the following Nuclear Power Plants of India?
[A]Kalpakkam
[B]Rawatbhata
[C]Jaitapur
[D]Narora


4. Who among the following is the winner of Men’s singles at Cincinati Open 2011?
[A]Andy Murray
[B]Novak Djokovic
[C]Mike Bryan
[D]Roger Federer


5. Recently, Government has announced setting up of a criminal investigation wing in which among the following departments?
[A]Internal Security
[B]Telecommunication
[C]Income Tax
[D]None of the above


Explanation
6. Consider the following statements:
1. The share of the Primary Agricultural Credit Societies (PACS) in the delivery of rural credit is falling
2. Primary Agricultural Credit Societies (PACS) can not borrow from Commercial Banks
Which among the above statements is/ are correct?
[A]Only 1 is correct
[B]Only 2 is correct
[C]Both 1 & 2 are correct
[D]Neither 1 nor 2 is correct


7. DRDO is currently collaborating with the firm from which among the following countries to develop the Kaveri aero engine to be used for the Light Combat Aircraft, Tejas.?
[A]USA
[B]France
[C]Russia
[D]Israel


Explanation
8. Consider the following statements:
1. The bank loans to all MFIs including NBFCs working as MFIs are deemed to be the priority sector loans
2. The highest loan amount for an individual borrower, is Rs 25,000 with an interest rate cap of 24 per cent as recommended by Malegam Committee
Which among the above statements is / are correct?
[A]1 Only
[B]2 Only
[C]Both 1 & 2
[D]Neither 1 nor 2


9. Which among the following international bodies have established the Poverty Reduction Growth Facility to help the low income countries?
[A]International Monetary Fund
[B]World Bank
[C]Asian Development Bank
[D]International Development Association


Explanation
10. For how many days, a MNREGA beneficiary must have worked during the preceding financial year , to get eligible for Rashtriya Swasthya Bima Yojana (RSBY)?
[A]15 days
[B]30 days
[C]45 days
[D]60 days


Explanation
11. For financial assistance under Rastriya Arogya Nidhi, the patient must be:
1. Living Below Poverty Line
2. Suffering from specified life-threatening diseases
3. Taking treatment in government hospitals only
Choose the correct options:
[A]1 & 2
[B]2 & 3
[C]1, 2 & 3
[D]1 Only


12. Between 2001 and 2026, India’s population is projected to increase by 371 million, about 83% of this increase will be in the 15-59 age group. This will lead to:
1. Boost in investment
2. Higher dependency ratios
3. Higher savings rate
Choose the correct options:
[A]Only 1
[B]1 & 2
[C]1, 2 & 3
[D]1 & 3


Explanation
13. Consider the following:
1. Increased Domestic consumption
2. Demographic dividend
3. Benign Oil Prices
4. More reliance on exports
Which among the above can be the most appropriate driving forces behind a rally in stock markets in general?
[A]1
[B]1 & 2
[C]1, 2 & 3
[D]1, 2, 3 & 4


Explanation
14. The “Social Security Group Insurance Scheme” has been replaced with which among the following schemes?
[A]Aam Admi Bima Yojana
[B]JanaShree Bima Yojana
[C]Shiksha Sahayog Yojana
[D]None of them


Explanation
15. Which among the following states has recently been news for its successful model of Federations of SHGs (Self Help Groups)?
[A]Odisha
[B]Karnataka
[C]Andhra Pradesh
[D]Maharastra


Explanation