Tuesday, March 20, 2012

SBI - IBPS - Model question paper

SBI - IBPS - Model question paper (Banking Industry and Finance Only ) - 1 (Sample question paper):




1. Bank for Interntional settlements is situated at

Basel, Switzerland

New York, U.S.A

Luxemburg

London, England

Paris, France

2. 'Swabhiman' is a campaign launched for

Deposit mobilisation

Special loans for jawans

Financial inclusion

Enlarging tax net

None of these

3. During the 2011-12 annual budget, the finance minister has targeted covering 73000 new areas with population of _____ and above under banking services by March 2012.

1000

2000

5000

10000

25000

4. The initial minimum capital required to set up new banks has been fixed at Rs. _____ crore.

100

200

500

1000

5000

5. RBI has issued guidelines for issuance of fresh licence to banks. As per them, new banks can be set up only through a wholly owned Non-Operative Holding Company (NOHC). The NOHC will have to hold a minimum _______% of the paid up capital for five years.

25

40

50

100

74

6. New entities that seek fresh banking licence have to open at least _____% of their branches in unbanked rural centers. (Populations up to 9999 as per 2001 census).

10

25

40

50

75

7. Foreign investment (FDI + FII + NRI) for new banks has been capped at ______% for initial five years.

25

49

51

74

76

8. In existing banks foreign share holding is permitted up to ____%.

100

74

51

49

40

9. SARFAESI (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest) Act enables financial institutions to

Recover bad loans

Improve financial inclusions

Assess market risks better

Open new branches and outlets

None of these

10. Ranjana Sadashiv Sonwane was the first person to get Aadhar Number in India. She is a tribal woman from Tembhali village in Nandurbar in

Madhya Pradesh

Assam

Rajasthan

Bihar

Maharashtra

11. Aadhar is a ______digit unique number provided by Unique Identification Authority of India (UIDAI).

10

12

14

15

20

12. UIDAI stores in a centralised database the folowing information of citizens except

Basic demographics

Photographs

Ten finger prints

Iris

DNA details

13. Who is the President of World Bank ?

Robert B Zoellick

Edward R Cook

King Keizer Mavric

Rupert Murdoch

Ms. Christine Lagarde

14. Who is the MD of IMF ?

Robert B Zoellick

Edward R Cook

King Keizer Mavric

Rupert Murdoch

Ms. Christine Lagarde



15. Who is the Deputy Chairman of Planning Commission ?

Dr. Manmohan Singh

Pranab Mukerjee

Dr. Subbarao

Montek Singh Ahluwalia

None of these

16. The 12th Five Year Plan would begin in the year____.

2011

2012

2013

2014

2015

17. Who owns State Bank of India now ?

It is wholly owned by Government of India

It is wholly owned by RBI

It is jointly owned by RBI and Government of India

Majority shares are with Government of India while the balance is owned by private people

None of these

18. Who is considered the 'Lender of Last Resort' in India ?

RBI

Government of India

Planning Commission

Development Banks

None of these

19. Maximum amount per transaction using NEFT is limited to______.

Rs. 50000

Rs. 100000

Rs. 200000

Rs. 500000

No such limit

20. What is the minimum service charge per transaction for NEFT/RTGS ?

Rs. 6

Rs. 8

Rs. 10

Rs. 25

None of these

21. Banks allow 'no frill account' now. What is their peculiarity ?

Low minimum balance to be kept

No minimum balance requirements

No interest will be given to such accounts

KYC norms are not mandatory

None of these

22. Renminby is the official currency of______

Hong Kong

China

Thailand

Laos

Singapore

23. Which is the biggest financial institution in India ?

SBI

ICICI

LIC

GIC

UTI

24. India's first rural bank ATM card was issued by National Payments Corporation of India for the Kashi Gomti Samyut Gramin Bank. This card is named ________

Rupay Grmin Card

Kisan Card

Samyut Card

Kashi Gramin Card

None of these

25. The above mentioned card was launched in association with_____

SBI

Union Bank of India

Canara Bank

Bank of India

None of these

26. Which of the following is NOT a pubic sector bank functioning in India now ?

Andhra Bank

Bank of Maharashtra

United Bank of India

New Bank of India

Allahabad Bank

27. From which state was the Janani-Shishu Suraksha Karyakram (JSSK) of the Ministry of Health and Family Welfare launched recently ?

Kerala

Maharashtra

Haryana

Rajasthan

None of these

28. SCORES is a complains redressal system launched by ________

SEBI

IBA

CBDT

CCI

None of these

29. Direct Tax collections account for what share of GDP in India ?

9.26 %

7.62 %

5.66 %

4.72 %

None of these

30. The National Broadband Plan is aimed at rolling out broadband infrastructure to every village with more than _____ people.

500

1000

1500

2000

None of these

31. Which of the following have been disallowed from opening branches abroad by the RBI ?

Private sector banks

Pension funds

Cooperative banks

NBFCs

None of these

32. What is India's per capita income at current prices in 2010-11 ?

Rs. 41532

Rs. 45278

Rs. 49294

Rs. 54835

None

33. What is the share of micro small and medium enterprises (MSMEs) in India's industrial production ?

8.72 %

16.18 %

24.67 %

44.86 %

None of these

34. Goa became the first state in the country to launch cashless health insurance scheme "______ Arogya Bhima Yojana" for its entire population in September 2011.

Shatabdi

Rashtriya

Nehru

Swarnajayanti

Sampoorna

35. Which of the following is a private sector bank ?

Oriental Bank of Commerce

Karur Vysya Bank

Indian Bank

Corporation Bank

All the above

36. With which of the following has India Post tied up to provide money transfer service to enable those working abroad to remit money to their dependents in India not having bank accounts.

Money Gram

Western Union

Paypal

Master Card

Visa

37. What is the full form of DGFT ?

Development and Grouping of Foreign Trade

Demand and Grouping of Foreign Trade

Director General of Foreign Trade

All the above are correct under different contexts

None of these

38. The RBI capped bank investments in to liquid schemes to what per cent of the bank's net worth ?

15 %

10 %

12 %

13.2 %

None of these

39. Which of the following bodies in April 2011 modified the norms for appointment of its internal auditor ?

SEBI

PFRDA

IRDA

India Inc

None of these

40. NASSCOM Chairman ?

Rajendra Singh Pawar

Harsh Manglik

N. Chandrashekaran

Ganesh Natarajan

None of these





View answer



ANSWER KEY:







1. Bank for Interntional settlements is situated at

Basel, Switzerland

2. 'Swabhiman' is a campaign launched fo



3. Financial Inclusion



3. During the 2011-12 annual budget, the finance minister has targeted covering 73000 new areas with population of _____ and above under banking services by March 2012.



2. 2000



4. The initial minimum capital required to set up new banks has been fixed at Rs. _____ crore.



3. 500



5. RBI has issued guidelines for issuance of fresh licence to banks. As per them, new banks can be set up only through a wholly owned Non-Operative Holding Company (NOHC). The NOHC will have to hold a minimum _______% of the paid up capital for five years.



2. 40



6. New entities that seek fresh banking licence have to open at least _____% of their branches in unbanked rural centers. (Populations up to 9999 as per 2001 census).



2. 25



7. Foreign investment (FDI + FII + NRI) for new banks has been capped at ______% for initial five years.





2. 49





8. In existing banks foreign share holding is permitted up to ____%.



2. 74

9. SARFAESI (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest) Act enables financial institutions to

Recover bad loans

10. Ranjana Sadashiv Sonwane was the first person to get Aadhar Number in India. She is a tribal woman from Tembhali village in Nandurbar in



5. Maharashtra



11. Aadhar is a ______digit unique number provided by Unique Identification Authority of India (UIDAI)



2. 12



12. UIDAI stores in a centralised database the folowing information of citizens except



5. DNA Details



13. Who is the President of World Bank ?

Robert B Zoellick

14. Who is the MD of IMF ?



5. Ms. Christine Lagarde



15. Who is the Deputy Chairman of Planning Commission ?



4. Montek Singh Ahluwalia

16. The 12th Five Year Plan would begin in the year____.



2. 2012



17. Who owns State Bank of India now ?



4. Majority shares are with Government of India while the balance is owned by private people



18. Who is considered the 'Lender of Last Resort' in India ?

RBI

19. Maximum amount per transaction using NEFT is limited to______.



3. Rs. 200000



20. What is the minimum service charge per transaction for NEFT/RTGS ?

Rs. 6

21. Banks allow 'no frill account' now. What is their peculiarity ?



2. No minimum balance requirements



22. Renminby is the official currency of______



2. China



23. Which is the biggest financial institution in India ?



3. LIC



24. India's first rural bank ATM card was issued by National Payments Corporation of India for the Kashi Gomti Samyut Gramin Bank. This card is named ________

Rupay Grmin Card

25. The above mentioned card was launched in association with_____



2. Union Bank of India



26. Which of the following is NOT a pubic sector bank functioning in India now ?



4. New Bank of India



27. From which state was the Janani-Shishu Suraksha Karyakram (JSSK) of the Ministry of Health and Family Welfare launched recently ?



3. Haryana



28. SCORES is a complains redressal system launched by ________

SEBI

29. Direct Tax collections account for what share of GDP in India ?



3. 5.66 %



30. The National Broadband Plan is aimed at rolling out broadband infrastructure to every village with more than _____ people.

500

31. Which of the following have been disallowed from opening branches abroad by the RBI ?



4. NBFCs



32. What is India's per capita income at current prices in 2010-11 ?



4. Rs. 54835



33. What is the share of micro small and medium enterprises (MSMEs) in India's industrial production ?



4. 44.86 %



34. Goa became the first state in the country to launch cashless health insurance scheme "______ Arogya Bhima Yojana" for its entire population in September 2011.



4. Swarnajayanti



35. Which of the following is a private sector bank ?



2. Karur Vysya Bank



36. With which of the following has India Post tied up to provide money transfer service to enable those working abroad to remit money to their dependents in India not having bank accounts.



Money Gram

37. What is the full form of DGFT ?

3. Director General of Foreign Trade



38. The RBI capped bank investments in to liquid schemes to what per cent of the bank's net worth ?

2. 10 %



39. Which of the following bodies in April 2011 modified the norms for appointment of its internal auditor ?



SEBI

40. NASSCOM Chairman ?



Rajendra Singh Pawar

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