IBPS GK QUIZ

1.         
‘ASHA’ is a scheme for providing which of the
following services to the people in India?

(1) Health services                 (2) Clean services
(3) Primary Education           (4)
Employment for 100 days
(5) None of these


2.         
For which of the following reasons RBI has
decided to undertake Mid-Quarter Policy Reviews?
(A) to re-align its policies
(B) To take steps and ensure smooth flow of credit
(C) to provide guidance to the economy.
(1) only A                                   (2) only B
(3) only C                                   (4) All A, B & C
(5) None of these
3.         
What is gross domestic product?
(1)
It is the cost of services made within the borders of a country in a year.
(2)
It is the cost of production of all final goods and services made in the
country.
(3)
It is the market value of all final goods and services made within the borders
of a country in a year.
(4)
It is the market value of all final goods and services made in the country.
(5)
None of these
4.         
The currency convertibility concept in its
original form originated in
(1) Well Agreement
(2) Bretton Woods Agreement
(3) Taylor Agreement           (4)
None of the above
(5) All of the above
5.         
Which of the following is not true for
commercial banks
(1)
It is the most important constituent of organized money market in India.
(2)
It includes public sector, private and foreign banks
(3)
It includes Public sector and nationalized banks.
(4)
At present there are 27 commercial banks in public sector in India
(5)
None of these
6.         
Base Rate regime was introduced with effect from
(1) 1st August 2009                 (2) 1st
July 2009
(3) 1st August 2010                 (4) 1st
July 2010
(5) None of these
7.         
Which of the following is true
(1)
Money market deals with borrowing and lending in long term funds.
(2)
Capital market deals with short term borrowings and lendings.
(3)
Indian money market has just one segment, that is organized money market
(4)
Unorganised money market does not qualify for RBI patronage
(5)
All the above are true
8.         
If cash reserve ratio is lowered by the RBI, its
impact on credit creation will be to
(1) increase it                           (2)
decrease it
(3) no impact                           (4)
None of the above
(5) All of the above
9.         
What is the full form of the term “CTBT”
(1) Comprehensive Treaty Ban Test
(2) Comprehensive Test Ban Treaty
(3) Comprehensive Telecom Band Treaty
(4) Competition Telecom Band Test
(5) None of these
10.     
“24th October” is celebrated as
(1) World Statistics Day       
(2) World Food Day               (3)
World Post Day
(4) United Nations Day
(5) None of these

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