bank awareness

8/3/2019 Bank Awareness

1/49

1. The Foreign Exchange Reserve of India are kept in the custody of(D) Reserve Bank of India2. The Reserve Bank of India issues coins and notes of various denominations. At present RBI does not issue coins of which of the followingdenominations ?(A) 10 paise(B) 20 paise

(C) 25 paise(D) 50 paise(E) 100 Rupee

3. The European Union has adopted which of the following as a common currency ?(E) Euro6. Commodity Exchanges at various places in India are trading in many metals like gold, silver, etc. Many times we read in newspapers that gold nomore has emained the highest trading option and has been replaced by a non-traditional metal known as(D) white gold7. Which of the following is known as Plastic money ?2. Credit Card

3. Debit Card(A) Only 1(B) Only 2(C) Only 3(D) Both 2 and 3(E) All 1, 2 and 3

8. Many a time we see a term in newspapers IPO. What is the full form of the same ?(E) Initial Public Offer

9. Many a times we read in financial newspapers a term/name NMCEX. What is the full form of the same ?

(C) National Multi Commodity Exchange

10. Many Banks these days are entering into business of offering loans against property. This business of the banks can be categorized under which ofthe following heads of banking ?(A) Corporate Banking(B) Personal Banking(C) Merchant Banking(D) Portfolio Management Service(E) None of these


2/49

11. Which of the following organizations/banks has done a commendable work in the field of micro finance and was awarded Nobel Prize also in thepast ?(A) Gramin Bank of Bangladesh(B) CRY(C) ASHA(D) NABARD

(E) None of these14. Which of the following countries has not made any significant investment in India ?(A) Japan(B) USA(C) Nepal(D) Britain(E) France

15. Which of the following is considered an informal method of getting credit/finance ?(A) Internet Banking(B) Branch visits

(C) Going to money lenders(D) Tele Banking(E) All of these

16. Which amongst the following nations is not a member of the SAARC ?(A) Bangladesh(B) Bhutan(C) Nepal(D) Maldives(E) South Africa

17. Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country ?(A) Inflation(B) Sensex(C) Human Development Index(D) SLR(E) None of these

18. Which of the following is not a Public Sector Unit/Undertaking/Agency ?(A) ECGC(B) SEBI


3/49

(C) SIDBI(D) Axis Bank(E) BHEL

19. Which of the countries represent letter C in the category known as BRIC countries ?(A) Canada

(B) Chile(C) Cuba(D) Croatia(E) China

20. Who amongst the following addresses the nation on the Independence Day from the ramparts of the Red Fort, Delhi ?(A) President of India(B) UPA Chairperson(C) Speaker of the Lok Sabha(D) Prime Minister of India(E) None of these

21. Which of the following awards is given for excellence in the field of sports ?(A) Kalidas Samman(B) Dhyanchand Award(C) Shram Vir Award(D) Shanti Swarup Bhatnagar Award(E) None of these

22. Which of the following does not represent the name of a bank working in India ?(A) YES(B) HDFC

(C) TATA(D) Kotak Mahindra(E) Axis24. Which of the following deals between India and one major country was put on a hold for some time as India is finding difficult to implement it ?(A) 123 Pact with USA(B) Fifth generation fighter plane deal with Russia(C) Heavy Water deal with Iran(D) Border talks with China(E) None of these


4/49

25. Which of the following is a type of tax levied by the Govt. on goods and services ?(A) SAT(B) NET(C) PAN(D) VAT

(E) None of these

26. As per the news appeared in some major newspapers India is number two in getting PE. What is the full form of PE as used in the financial world?(A) Professional and Ecofriendly(B) Profitable Equity(C) Profitable and Economical(D) Private and Economical(E) Private Equity

27. Many a times we read in newspapers about Financial Inclusion. What does it really mean ? [Pick up correct statement(s)]

1. Allow the merger and acquisition of banks so that only few big banks exist and continue to cater to the need of corporate sector.2. Expending the network of banks in such a way that people from lower strata of society also get the benefit of services provided by banks.3. Providing Insurance cover to each and every citizen so that he/she can live a healthy and long life.(A) Only 1(B) Only 2(C) Only 3(D) Both 1 and 2(E) All 1, 2 and 3

28. Which of the following organizations recently issued some guidelines related to Participatory Notes as used in financial world ?(A) RBI

(B) IRDA(C) SEBI(D) AMFI(E) None of these

29. Heavy Water is normally used by which of the following industries ?(A) Nuclear Power generation plants(B) Pharma Industry(C) Paper Industry(D) Sugar plants


5/49

(E) None of these

30. As per news items published in various newspapers, Italy has offered its help in developing SMEs in India. What is the full form of SME ?(A) Small and Monopolistic Economy(B) Small and Medium Enterprises(C) Speedy and Mechanical

(D) Small and Medium Level Economy(E) None of these

31. Which of the following statements about the exports from India is true ?1. Exports are showing good rate of growth.2. Exports are growing in volume but still they are poorer than imports in terms of value.3. Exports are not improving the way they were growing two years back.(A) Only 1(B) Only 2(C) Only 3(D) Both 1 and 3 are correct

(E) None of these

32. Which of the following countries for the first time elected a lady as its President recently ?(A) Argentina(B) China(C) New Zealand(D) Russia(E) None of these

33. The Govt. of India keeps on clearing the proposal of setting up new SEZs at several places. What does the letter S represent in the SEZ ?(A) Soft

(B) Small(C) Special(D) Supportive(E) None of these

35. Who amongst the following was made the Chairman of the National Land Reforms Council ?(A) Smt. Sonia Gandhi(B) Arjun Singh(C) Pranav Mukherjee


6/49

(D) Kamal Nath(E) Manmohan Singh

36. Various Govt. agencies/organizations are given responsibilities for implementing various policies/decisions of the Govt. of India. Policies aboutcredit flow to the agricultural/priority sector are framed/implemented through which of the following apex bodies ?(A) ECGC

(B) NABARD(C) UTI(D) IDBI Bank(E) None of these

37. As we read every then and now the Monetary and Credit Policy is reviewed and changes/corrections are made frequently. Who amongst thefollowing exactly takes this decision in India ?(A) Deputy Chairman, Planning Commission(B) Prime Minister(C) Finance Minister(D) Chairman Finance Commission

(E) None of these

38. The World Bank sanctioned Rs. 18,000 crores to which of the following states for its Poverty Alleviation Programme ?(A) Karnataka(B) Gujarat(C) Maharashtra(D) Uttar Pradesh(E) None of these

39. The UNO has declared year 2008 as the year of(A) AIDS Prevention

(B) Potato(C) Water Harvesting(D) Social Justice to Children(E) None of these

40. Who amongst the following is the author of the book Pakistan The Gathering Storms ?(A) Benazir Bhutto(B) Parvez Musharraf(C) Arun Shourie(D) Arun Gandhi


7/49

(E) None of these

41. Which of the following is not a gallantry Award ?(A) Vir Chakra(B) Jeevan Raksha Padak(C) Ashok Chakra

(D) Mahavir Chakra(E) Saraswati Samman

42. Which of the following states has approved sharing Neyyar Irrigation Project water with Tamil Nadu ?(A) Karnataka(B) Andhra Pradesh(C) Kerala(D) Maharashtra and Karnataka(E) None of these

43. Which of the following is not a foreign bank working in India ?

(A) HSBC(B) Barclays(C) Standard Chartered(D) Yes Bank(E) All are foreign banks

44. Who amongst the following is the Chairman of the 13th Finance Commission ?(A) Bimal Jalan(B) Y. V. Reddy(C) C. Rangarajan(D) Vijay Kelkar

(E) None of these

45. India has the least or negligible trade relations with (A) Japan(B) Britain(C) South Africa(D) Uganda(E) Iran

46. Your friend has received a sum of Rs. 10000 from his grandparents. He wants to deposit this sum in a bank under a condition of not to withdraw


8/49

fully or partially for at least two years. He will be needed to open which type of account in the bank ?(A) Small savings account(B) Current account(C) Fixed deposit account(D) Demat account(E) None of these

47. Recently, this was in news that ASEAN is an association of (A) Commonwealth nations(B) SAARC nations(C) South-Eastern Asian nations(D) Oil-exporting nations(E) African nations

48. Names of two important persons are often visible in newspapers/magazines/electronic media. These names are Dr. C. Rangarajan and Dr. BimalJalan. Which of the following facts are identical in the life of both these two persons ?(A) Both are principal economic advisors to the Prime Minister

(B) Both are the Members of the Lok Sabha(C) Both are the former Governors of RBI(D) Both were the Finance Ministers of India(E) There is nothing similar in both

49. Which of the following places of West Bengal was in news recently, since some violent incidences took place due to an attempt of agricultural landaquisition for industrial purposes ?(A) Khadakpur(B) Nandigram(C) Howrah(D) Bolepur

(E) None of these

50. In accordance with the reports published in the papers/magazines, the Government of India and some NGOs have declared/started some projects tohelp/ to provide relief to the farmers in general and specially to perplexed farmers. Which of the following is not such a plan ?(A) Crop insurance plan(B) E-Chaupal(C) Subsidy for chemical fertilizers(D) Reconstruction of watershade/water-bodies(E) Mid-day meal


9/49

Answers1. (D) 2. (B) 3. (E) 4. (B) 5. (E) 6. (D) 7. (D) 8. (E) 9. (C) 10. (B)11. (A) 12. (D) 13. (B) 14. (C) 15. (C) 16. (E) 17. (C) 18. (B) 19. (E) 20. (D)21. (B) 22. (C) 23. (E) 24. (A) 25. (D) 26. (E) 27. (B) 28. (C) 29. (A) 30. (B)31. (C) 32. (A) 33. (C) 34. (E) 35. (E) 36. (B) 37. (E) 38. (D) 39. (B) 40. (A)41. (E) 42. (C) 43. (D) 44. (D) 45. (D) 46. (C) 47. (C) 48. (C) 49. (B) 50. (E)

General Socio-Economic & Banking Awareness

1. RBI's open market operation transactions are carried out with a view to regulate ____

(A) Liquidity in the economy

(B) Prices of essential commodities

(C) Inflation

(D) Borrowing power of the banks

(E) All the above

Ans (E)

2. Open market operations , one of the measures taken by RBI in order to control credit expansion in the economy means ____

(A) Sale or purchase of Govt. securities

(B) Issuance of different types of bonds

(C) Auction of gold

(D) To make available direct finance to borrowers

(E) None of these

Ans (A)

3. The bank rate means ___


10/49

(A) Rate of interest charged by commercial banks from borrowers

(B) Rate of interest at which commercial banks discounted bills of their borrowers

(C) Rate of interest allowed by commercial banks on their deposits

(D) Rate at which RBI purchases or rediscounts bills of exchange of commercial banks

(E) None of these

Ans (D)

4. What is an Indian Depository Receipt?

(A) A deposit account with a Public Sector Bank

(B) A deposit account with any of depositories in India

(C) An instrument in the form of depository receipt created by an Indian depository againstunderlying equity shares of the issuing company

(D) An instrument in the form of deposit receipt issued by an Indian depositories

(E) None of these

Ans (C)

5. Fiscal deficit is ____

(A) total income less Govt. borrowing

(B) total payments less total receipts

(C) total payments less capital receipts

(D) total expenditure less total receipts excluding borrowing


11/49

(E) None of these

Ans (D)

6. In the capital market , the term arbitrage is used with reference to ____

(A) purchase of securities to cover the sale

(B) sale of securities to reduce the loss on purchase

(C) simultaneous purchase and sale of securities to make profits from price

(D) variation in different markets

(E) Any of the above

Ans (C)

7. The stance of RBI monetary policy is _____

(A) inflation control with adequate liquidity for growth

(B) improving credit quality of the Banks

(C) strengthening credit delivery mechanism

(D) supporting investment demand in the economy

(E) Any of the above

Ans (E)

8. Currency Swap is an instrument to manage ___

(A) currency risk

(B) interest rate risk


12/49

(C) currency and interest rate risk

(D) cash flows in different currency

(E) All of the above

Ans (D)

9. "Sub-prime" refers to_______

(A) lending done by banks at rates below PLR

(B) funds raised by the banks at sub - Libor Rates

(C) Group of banks which are not rate as prime banks as per Banker's Almanac

(D) lending done by financing institutions including banks to customers not not meeting with normally required credit appraisal standards

(E) All of the above

Ans (D)

10. Euro Bond is an instrument _____

(A) issued in the European market

(B) issued in Euro currency

(C) issued in a country other than the country of the currency of the Bond

(D) All of the above

(E) None of these

Ans (C)

11. Money laundering normally involves _____


13/49

(A) placement of funds

(B) layering of funds

(C) integrating of funds

(D) All of (A), (B) & (C)

(E) None of (A), (B) & (C)

Ans (D)

12. The IMF and the World Bank were conceived as institutions to ____

(A) strengthening international economic co-operation and to help create a more stable and prosperous global economy

(B) IMF promotes international monetary cooperation

(C) The World Bank promotes long term economic development and poverty reduction

(D) All of (A),(B) & (C)

(E) None of (A),(B) & (C)

Ans (D)

13. Capital Market Regulator is _____

(A) RBI

(B) IRDA

(C) NSE

(D) BSE

(E) SEBI


14/49

Ans (e)

14. In the term BRICS , R stands for ______

(A) Romania

(B) Rajithan

(C) Russia

(D) Regulation

(E) Npne of these

Ans (C)

15. FDI refers to _____

(A) Fixed Deposit Interest

(B) Fixed Deposit Investment

(C) Foreign Direct Investment

(D) Future Derivative Investment

(E) None of these

Ans (C)

16. Which is the fist Indian company to be listed in NASDAQ?

(A) Reliance

(B) TCS

(C) HCL


15/49

(D) Infosys

(E) None of these

Ans (D)

17. Which of the following is the Regulator of the credit rating agencies in India?

(A) RBI

(B) SBI

(C) SIDBI

(D) SEBI

(E) None of these

Ans (D)

18. Who is Brand Endorsing Personality of Bank of Baroda?

(A) Juhi Chawala

(B) Kiran Bedi

(C) Amitabh Bachchan

(D) Kapil Dev

(E) None of these

Ans (E)

19. The Branding Line of Bank of Baroda is ____

(A) International Bank of India


16/49

(B) India's International Bank

(C) India's Multinational Bank

(D) World's Local Bank

(E) None of these

Ans (B)

20. The logo of Bank of Baroda is known as ___

(A) Sun of Bank of Baroda

(B) Baroda Sun

(C) Bank of Baroda's Rays

(D) Sunlight of Bank of Baroda

(E) None of these

Ans (B)

21. One of the major challenges banking industries is facing these days is money laundering. Which of the following acts/ norms are launched by thebanks by the banks to prevent money laundering in general ?

(A) Know your customer norms

(B) Banking Regulation Act

(C) Negotiable Instrument Act

(D) Narcotics and Psychotropic Substance Act

(E) None of these

Ans (E)


17/49

22. Lot of Banks in India these days are offering M-Banking Facility to their customers . What is the full form of 'M' in 'M-Banking'?

(A) Money

(B) Marginal

(C) Message

(D) Mutual Fund

(E) Mobile Phone

Ans (E)

23. Which of the following is/are true about the "Sub-Prime Crisis" ? (The term was very much in news recently.)

(1) It is a Mortage Crisis referring to Credit default by the borrowers

(2) Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers

(3) This crisis originated of negligence in credit rating of the borrowers

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1,2 & 3

(E) None of these

Ans (D)

24. Which of the following is NOT the part of the structure of the financial System in India ?

(A) Industrial Finance


18/49

(B) Agricultural Finance

(C) Government Finance

(D) Development Finance

(E) Personal Finance

Ans (E)

25. Which of the following is NOT the part of the Scheduled Banking structure in India ?

(A) Money Lenders

(B) Public Sector Banks

(C) Private Sector Banks

(D) Regional Rural Banks

(E) State Co-operative Banks

Ans (A)

26. As we all know Govt. of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of theGovt. ?

(1) Tax on Income

(2) Tax on Expenditure

(3) Tax on property or Capital Asset

(4) Tax on Goods and Services

(A) Both 1 and 3 only


19/49

(B) Both 2 and 4 only

(C) All 1,2,3 & 4

(D) Only 2,3 and 4

(E) None of these

Ans (C)

27. We very frequently read about Special Economic Zones (SEZs) in newspapers. These SEZs were established with which of the followingobjectives ?

(1) To attract foreign investment directly

(2) To protect domestic market from direct competition from multinationals

(3) To provide more capital to agriculture and allied activities

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1,2 & 3

(E) None of these

Ans (A)

28. Which of the following groups of the countries has almost 50% share in Global emission of carbon every year ?

(A) US, China, India, South Africa

(B) India, china, Russia , Britain

(C) South Africa, Nepal , Myanmar


20/49

(D) US, Russia, China & India

(E) None of these

Ans (D)

29. Many times we read about Future Trading in newspapers. What is Future Trading ?

(1) It is nothing but a trade between any two stock exchanges where in it is decided to purchase the stocks of each other on a fixed price throughout theyear

(2) It is an agreement between two parties to buy and sell an underlying asset in the future at a predetermined price

(3) It is agreement between Stock Exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period oftime

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1,2 & 3

(E) None of these

Ans (B)

30. Hillary Clinton formally suspended her campaign to ensure election of who amongst the following for the next President of USA?

(A) George Bush

(B) Barack Obama

(C) John McCain

(D) Boll Clinton


21/49

(E) None of these

Ans (B)

31. Hugo Chavez whose name was recently in news is the _____

(A) President of Cango

(B) Prime Minister of Uganda

(C) President of Venezuela

(D) Prime Minister of Brazil

(E) None of these

Ans (C)

32. The Govt. of India has raised the amount of the loan Waiver to the farmers by 20%. Now the amount is nearly _____

(A) Rs. 60,000 crores

(B) Rs. 65,000 crores

(C) Rs. 72,000 crores

(D) Rs. 76,000 crores

(E) Rs. 80,000 crores

Ans (A)

33. Delimitation Commission has made a recommendation the next Census should be Panchayat-wise. When is the next Census due ?

(A) 2010

(B) 2011


22/49

(C) 2012

(D) 2013

(E) 2015

Ans (B)

34. The world Health Organization has urged that advertisements of which of the following should be banned to protect youth from bad effects of thesame ?

(A) Tobacco

(B) Alcoholic drinks

(C) Junk Food

(D) Soft drinks with chemical preservatives

(E) None of these

Ans (A)

35. Which of the following countries has allocated a huge amount of US $ 10 billion to provide relief to its earthquake victims ?

(A) Japan

(B) South Korea

(C) China

(D) South Africa

(E) None of these

Ans (C)


23/49

36. Which of the foloowing names is NOT closely associated with space Programme of India or any other country ?

(A) CARTOSAT

(B) NLS-5

(C) RUBIN-8

(D) GSLV

(E) SCOPE

Ans (E)

37. Vijay Hazare Trophy is associated with game of _____

(A) Hockey

(B) Cricket

(C) Badminton

(D) Football

(E) Golf

Ans (B)

38. Which of the following was theme of the Olympic Torch ?

(A) Journey of Harmony

(B) Green World Clean World

(C) Journey of Peace

(D) Jouney of Hunger-free World


24/49

(E) None of these

Ans (A)

39. Which of the following schemes is NOT a social development Scheme ?

(A) Indira Awas Yojana

(B) Mid Day Meal

(C) Bharat Nirman Yojana

(D) Sarva Siksha Abhiyan

(E) All are Social Schemes

Ans (C)

40. Which of the following is NOT a member of ASEAN ?

(A) Maleysia

(B) Indonesia

(C) Vietnam

(D) Britain

(E) Singapore

Ans (D)

41. Which of the following awards are given for the excellence in the field of Sports ?

(A) Kalinga Prize

(B) Shanti Swarup Bhatnagar Award


25/49

(C) Arjun Award

(D) Pulitzer Award

(E) None of these

Ans (C)

42. Inflation in India is measured on which of the following indexes/indicators ?

(A) Cost of Living Index (COLI)

(B) Consumer Price Index (CPI)

(C) Gross Domestic Product (GDP)

(D) Wholesale Price Index (WPI)

(E) None of these

Ans (D)

General Awareness

1. Ashok Mankad who died recently was a famous -

(A) Journalist

(B) Cricket Player

(C) Politician

(D) Author

(E) Cine Artist

Ans (B)


26/49

2. The logo of the "Olympic Games - 2008" is named as -

(A) Dancing Beijing

(B) Race of Harmony

(C) One world one dream

(D) Beijing welcomes you

(E) None of these

Ans (A)

3. Midnight children is book written by -

(A) Kiran Desai

(B) Chetan Bhagat

(C) Salman Rusdie

(D) V.S.Naipaul

(E) None of these

Ans (C)

4. Which of the following teams won the "Asia cup cricket 2008" held in Karanchi in July 2008?

(A) India

(B) Pakistan

(C) Sri Lanka

(D) Bangladesh


27/49

(E) None of these

Ans (C)

5. The commonwealth Games 2010 are scheduled to be held in -

(A) Bnagalore

(B) Pune

(C) New Delhi

(D) Mumbai

(E) Hyderabad

Ans (C)

6. Which of the following teams won the "Champions Trophy" 2008 (of Hockey) held in June 2008?

(A) Russia

(B) England

(C) India

(D) Pakistan

(E) Australia

Ans (E)

7. The 34th G-8 Summit was organized in July 2008 in -

(A) France

(B) Germany


28/49

(C) Russia

(D) Italy

(E) Japan

Ans (E)

8. Which of the following is specifically designed to control various risk involve in Banking operations?

(A) RTGS

(B) FEMA

(C) Basel Norms

(D) EFTOPS

(E) All these

Ans (C)

9. In banking world providing credit and other financial services and products of very small amount to the poors in rural/semi-urban area is known as -

(A) NGO Finance

(B) Credit Finance

(C) Corporate Finance

(D) Micro Finance

(E) None of these

Ans (D)

10. Which of the following organizations has launched "Kick the CO2 Habit" Campaign to create awareness about "Global Warming"?


29/49

(A) ISRO

(B) WTO

(C) NASA

(D) UNO

(E) None of these

Ans (E) UNEP (United Nations Environment Programme)

11. Which of the following has been the approximate growth of India economy during 2007-08?

(A) 7 %

(B) 8 %

(C) 9 %

(D) 10 %

(E) 11 %

Ans (C)

12. Which of the following plays a very important role in farming guidelines/policies pertaining to provide credit facility to agriculculture and ruralsectors?

(A) SIDBI

(B) NABARD

(C) ICICI Bank

(D) ECGE

(E) Exim Bank


30/49

Ans (B)

13. Who amongst the following was the Speaker of the Lok Sabha when Mnamohan Singh Govt. was required to go for "Vote of Confidence" on 22ndJuly 2008?

(A) Najma Heptulaha

(B) P.M.Sayeed

(C) Somnath Chatterjee

(D) Mohamad Hamid Ansari

(E) None of these

Ans (C)

14. Amar singh whose name was very much in news recently belongs to which of the following political parties?

(A) Bohujan Samaj Party

(B) Samajwadi Party

(C) Samta Party

(D) CPI (M)

(E) None of these

Ans (B)

15. The RBI Governor reviews the Annual Monetary and Credit Policy every time after a gap of -

(A) Two months

(B) Three months


31/49

(C) Four months

(D) Six months

(E) As and When required

Ans (B)

16. The Advertisement of which of the following banks has the punch line "Much more to do with you in focus"?

(A) State Bank of India

(B) ICICI Bank

(C) Bank of Baroda

(D) Bank of India

(E) Andhra Bank

Ans (E)

17. R.S.Gavai has taken over as the Governor of _

(A) Assam

(B)Jammu & Kashmir

(C) Biha

(D) Kerala

(E) None of these

Ans (D)

18. The unit of sound is -


32/49

(A) Dyne

(B) Joule

(C) Knot

(D) Watt

(E) Decibel

Ans (E)

19. Who amongst the following has written the book "Gandhiji's Emissary"?

(A) Arun Gandhi

(B) Abdul Sultan

(C) B.G.Varghese

(D) D.B.C.Pierre

(E) Sudhir Ghosh

Ans (E)

20. Who amongst the following has written the book "The Last Moghul"?

(A) John Banville

(B) Elfriede Jelinek

(C) Graham Green

(D) Hussain Haqqani

(E) William Darlymple


33/49

Ans (E)Banking and Marketing Aptitude : Objective QuestionsTuesday 04 November 2008 02:06 PM

Banking and Marketing Aptitude : ObjectiveQuestions

1. A prospect means

a) any customer who walks into the bank

b) an employee of the bank

c) a customer who is likely to be interested in banks product or service

d) a depositor of the bank

e) a borrower of the bank

2. A lead means

a) a prospect who is more likely to avail of the Banks product

b) a political leader

c) a religious leader

d) a bank chairman

e) None of these

3. Innovation means

a) Compensation

b) inspiration


34/49

c) additional perquisites

d) implementing new ideas or new methods

e) None of these

4. A Call means

a) calling on friends

b) calling on bank employees

c) calling on prospective customers

d) to make telephone calls

e) calling on relatives

5. The Traditional Marketing style involves

a) Telemarketing

b) Digital Marketing

c) Indirect Marketing

d) Direct Marketing

e) All of these

6. Modern Method of Marketing include

a) Publicity on the net

b) Advertisement on the net

c) Soliciting business through e-mails


35/49

d) Tele marketing

e) All of these

7. A true marketing requires

a) Command and other mindset

b) Control Mindset

c) Passive mindset

d) Active mindset

e) None of these

8. Which of the following sentences is true?

a) Marketing is not required in a Buyers Market

b) Marketing is not required in a Sellerss market

c) Marketing is not required due to competition

d) Marketing is not required due to liberalization

e) Marketing is not required due to globalisation

9. For effective marketing the salesmen should have which of these qualities?

a) Creativity

b) Team spirit

c) Motivation

d) Effective communication skills


36/49

e) All of these

10. Market information means

a) Knowledge of shops and bazaars

b) Knowledge of shopping malls

c) Knowledge of customer profile and product mix

d) knowledge of various languages

e) None of these

11. Market Research is needed for

a) checking the market area

b) checking the right product to be sold

c) making proper marketing decisions

d) deciding right time to sell

e) All of these

12. Which of the following statement is true

a) Marketing makes the company to go into loss due to higher expenses

b) Marketing is not required in profit making companies

c) Marketing sharpens the minds of the employees

d) Marketing is a time bound seasonal function

e) Marketing is a waste of time


37/49

13. Marketing plan helps in

a) better lead generation

b) better systems

c) better results

d) improved balance sheet

e) better customer service

14. If Marketing is done effectively which of the following is not required?

a) Advertisement

b) Publicity

c) Market Research

d) Market Segmentation

e) None of these

15. Motivation means

a) Inspiring employees to perform better

b) Better communication skills

c) Sales Coaching

d) Market Research

e) None of these

16. In a Selling Process in todays world?


38/49

a) Only standard products are sold

b) No customization required

c) the seller need not have product knowledge

d) the seller should aim at customer satisfaction

e) only quantum of sales matters

17. Find the true statement

a) Marketing is a waste of the employees time

b) Marketing is not required in India due to its vast population

c) Marketing involves additional work

d) Marketing involves team work

e) Marketing is not required today due to IT advancement

18. A Target market is

a) entire country

b) entire city

c) entire globe

d) that which consists of customers who need the identified product

e) all of these

19. Sales forecasting involves

a) Sales Planning


39/49

b) Sales Pricing

c) Distribution Channels

d) Consumer tastes

e) All of these

20. Which of the following product is being sold under the brand name ZODIAC

a) Shirts

b) Ties

c) Both A and B

d) Liberty

21. SWIFT - cars are being manufactured by

a) DCM

b) Maruti

c) Premier Automobiles

d) Hyundai

22. With you all the way is the slogan of

a) Vodafone

b) SBI

c) ICICI

d) Raymonds


40/49

23. Which company used the slogan "The complete Man"

a) DCM

b) GRASIM

c) RAYMONDS

d) VIMAL

24. Which brand uses the slogan "Made for each other" for its cigarettes?

a) Cavenders

b) Four Square

c) Red & White

d) Wills

25. Cross Selling means

a) Identifying customer needs

b) matching the products to customer needs

c) convincing the customers of product benefits

d) responding to questions and objections of customers

e) all of these

ANSWERS

1 (c) 2 (a) 3 (d) 4 ( c) 5 (d) 6 (e) 7 (d) 8 (b)

9 (e) 10 (c) 11 (e) 12 (c) 13 (c) 14 (b) 15 (a) 16 (d)


41/49

17 (d) 18 (d) 19 (e) 20 (c) 21 (b) 22 (b) 23 (c) 24 (d)

25 (e)

General Awareness/Computer Knowledge

1. Balmiki Prasad Singh has taken over as Governor of _____

(A) Goa

(B) Bihar

(C) Meghalaya

(D) Sikkim

(E) None of these

Ans (D)

2. The Paralympic Games in September 2008 were held at _____

(A) Tokyo

(B) New York

(C) Madrid

(D) Stckholm

(E) Beijing

Ans (E)


42/49

3. Which of the folowing is/are True about the National Rainfed Area Authority (NRAA) which was in news recently?

(1) The NRAA was set-up in 1955 at the initiative of the then Prime Minister J.L.Nehru

(2) NRAA was established to co-ordinate the work of five ministries associated with the development of rainfed areas

(3) NRAA is now converted into a Corporation of the same name

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1 , 2 & 3

(E) None of these

Ans (B)

4. Dalichi Sankyo has recently taken over which of the following Companies/Corporation of Indian base /

(A) Jet Airways

(B) Ranbaxy

(C) Bhilai Steel Plant

(D) National Textiles Corporation

(E) None of these

Ans (B)

5. The recent report on Global Development Finance released by the World Bank has projected India's GDP growth rate at which of the followinglevels?


43/49

(A) 5 %

(B) 6 %

(C) 7 %

(D) 8 %

(E) 9 %

Ans (C)

6. which of the following cities is placed at the top of the list of cities found suitable for "Global Commerce" compiled by the master cards? (Result ofthe survey were published in various financial newspaper)

(A) London

(B) New York

(C) Tokyo

(D) Beijing

(E) Mumbai

Ans (D)

7. The New Capital Adequacy Framework prescribed for banks in commonly known as ___

(A) Credit Policy

(B) Monetary Policy

(C) KYC Norms

(D) Basel Accord

(E) None of these


44/49

Ans (D)

8. As we all know Cash Reserve Ratio (CRR) in the percentage of the deposit banks keep in reserve with them . This ratio is also known as ___

(A) Repo Rate

(B) Reserve Repo Rate

(C) SLR

(D) Liquidity Ratio

(E) None of these

Ans (E)

9. The sudden turn of events in the economic environmental globally , in the last four to five month have resulted in slowing down of India's economic

growth. Which of the following is/are the event(s) which has/have put their impact on Indian economy?

(1) Turmoil in US Credit market

(2) Large scale increase in the prices of crude oil and foodgrains

(3) Adoption of Basel II norms by the banks

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 2 only

(E) All 1,2 & 3

Ans (D)


45/49

10. Which of the following is India's Tax GDP ratio ?

(A) 5 %

(B) 15 %

(C) 25 %

(D) 30 %

(E) None of these

Ans (B)

11. Which of the following is known as 'Himadri' ?

(A) It is India's Space Craft launched to study the moon

(B) It is India's first Research Station in Arctic Region

(C) It is new battle tank produced by India

(D) It is new warship inducted in the Indian Navy recently

(E) None of these

Ans (B)

12. The Govt. of India recently announced a subsidized pricing policy based on nutrients in it of which of the following to protect the interest of the

farmers ?

(A) Seeds

(B) Pesticides

(C) Fertilizers

(D) Organic Manure


46/49

(E) None of these

Ans (D)

13. The next Non-Aligned Movement SAummit 2009 is scheduled to be held in ___

(A) India

(B) Egypt

(C) Brazil

(D) South Africa

(E) None of these

Ans (B)

15. Ghulam Nabi Azad was in the news recently as he has resigned from the post of the ___

(A) Governor, Jammu & Kashmir

(B) Chief Minister , Jammu & Kashmir

(C) Governor , Jharkhand

(D) Chief Minister, Jharkhand

(E) Governor, Manipur

Ans (B)

15. When the growth of GDP in a country slows down suddenly,people start losing their jobs and the situation continues for several weeks,what name isgiven to this state of economy (A big was in this state recently.) ?

(A) Inflation


47/49

(B) Recession

(C) Deflation

(D) Economic Boom

(E) None of these

Ans (B)

16. "Lisbon Treaty" is the treaty accepted/adopted by the members of which of the following organizations recently ?

(A) NATO

(B) SAARC

(C) European Union

(D) Nuclear Supplier Group (NSG)

(E) None of these

Ans (C)

17. When a corporate entity wishes to raise money from the market it can do that by issuing ___

(A) Treasury Bill

(B) Momerandom of Association

(C) Kisan Vikas Patra

(D) National Saving Certificate

(E) Commercial Papers

Ans (E)


48/49

18. Russia has recently made a ceasefire Agreement with which of the following nations ?

(A) Ukraine

(B) Kazakhastan

(C) Croatia

(D) Georgia

(E) None of these

Ans (D)

19. The Govt. of India has decided to build a Nuclear Power Plant in which of the following North Eastern States ?

(A) Manipur

(B) Assam

(C) Meghalaya

(D) Arunachal Pradesh

(E) None of these

Ans (E)

20.India won it's individual Gold Medal in Beijing Olympic 2008 in which of the following events ?

(A) Hockey

(B) Football

(C) Lawn Tennis

(D) Swimming


49/49

(E) Rifle Shooting

Ans (E)

bank awareness

Documents