Monday, 14 November 2016

Banking Awareness for IBPS PO 2016


Q1. Income Tax is imposed by which of the following?
(a) Banks
(b) State Government
(c) Central Government
(d) Both (b) & (c)
(e) None of the above

Q2. Foreign Currency which has a tendency of quick migration is called-
(a) Fiat Currency
(b) Soft Currency
(c) Token Currency
(d) Hot Currency
(e) None of the above

Q3. During which of the following plan period annual growth rate of G.D.P. was registered as 3.6%?
(a) First five year plan
(b) Second five year plan
(c) Fourth five year plan
(d) Fifth five year plan 
(e) None of the above

Q4. Which of the following report’s is published by World Bank every year?
(a) Human Development Report
(b) World Development Report
(c) World Trade Development Report
(d) International Finance & Development Report
(e) None of the above

Q5. On the basis of recommendations of which of the following committees NABARD was established?
(a) Shunglu Committee
(b) Shivaraman Committee
(c) Narshimhan Committee
(d) Public Accounts Committee
(e) None of the above

Q6. When a corporate entity wishes to raise money from the market it can do that by issuing _________.
(a) Commercial Papers
(b) Treasury Bills
(c) Kisan Vikas Patra
(d) National Savings Certificates
(e) None of the above

Q7. What is the full form of IIP?
(a) Investment in Industrial Production
(b) Index of Industrial Production
(c) Investment Index Product
(d) Indian Investment Price
(e) None of the above

Q8. Which of the following Acts help Union Government to control its Fiscal Deficit?
(a) Financial Act
(b) Fiscal Responsibility and Budget Management Act
(c) Banking Companies Act
(d) Both (a) and (b)
(e) None of the above

Q9. Call money is related to - 
(a) Money Market
(b) Government Securities
(c) Post Office Deposit
(d) Banks Deposit
(e) None of the above

Q10. Finance Commission is included in _________ of Indian Constitution.
(a) Article 340
(b) Article 280
(c) Article 360
(d) Article 390
(e) None of the above

Q11. Educational for All Development Index is released by - 
(a) IMF
(b) World Bank
(c) UNO
(d) WTO
(e) None of the above

Q12. Which of the following is/are TRUE about the “Village Gram Bank Scheme”?
(a) The scheme is launched to provide safeguards against Starvation during the period of natural calamities or lean season.
(b) The gram banks are set up in food scare areas like drought prone areas.
(c) Village Panchayats who were running Village Grain Banks earlier are now not authorized to run.
(d) Both (a) and (b)
(e) None of the above

Q13. Non-Agricultural Market Access (NAMA) word is related to which organization?
(a) WTO
(c) IMF
(d) World Bank
(e) NDB

Q14. SEBI is related to _________.
(a) Bank 
(b) Government of India
(c) Share Market
(d) State Government
(e) None of the above

Q15. The National Planning Council (NPC) was formed on 3rd February ______ to ensure coordination of planning functions of different sectors, to determine national priorities, to provide advice on long term development policies and strategies, to ensure sustainable development of the nation and to ensure balanced and equitable development at provincial level.
(a) 1996
(b) 2992
(c) 2012
(d) 2009
(e) 2002


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