Socio-Economic & Banking Awareness Questions

1. Under Microfinance, SHG stands for—
(A) Self High Group (B) Self Help Group
(C) Saving High Group (D) Self Help Goods
See Answer:

2. What is the target of the Government of India for the year 2012-13 to the agriculture sector ?
(A) Rs. 575000 crore (B) Rs. 4050000 crore
(C) Rs. 18500 crore (D) Rs. 16390 crore
See Answer:

3. The government has put a target of disbursing Rs. 575000 crore institutional credit to agriculture sector during—
(A) 2012-13 (B) 2013-14
(C) 2014-15 (D) 2016-17
See Answer:

4. The Banking Regulation (Amendment) Bill 2004 was introduced for—
(A) Privatisation of Bank
(B) Credit Control
(C) For removing 10% cup on voting rights and also encouraging foreign banks to set up subsidiaries and attract foreign investment
(D) Bank Rate
See Answer:

5. India Millennium Deposit (IMD) scheme was launched by the—
(A) SBI (B) RBI
(C) UTI (D) UBI
See Answer:

6. RBI announced its Monetary & credit policy 2012-13 on—
(A) January 1, 2012 (B) March 17, 2012
(C) April 17, 2012 (D) May 4, 2012
See Answer:

7. What is the base year of newly introduced Consumer Price Index (CPI) ?
(A) 2004-05 (B) 2010
(C) 2011 (D) 2012
See Answer:

8. Planning Commission has lowered the poverty line from `32 per day to—
(A) `28 (B) `29
(C) `30 (D) `31
See Answer:

9. In Monetary and Credit Policy 2012-13, Cash Reserve ratio kept—
(A) At 7% (B) At 8%
(C) At 4•75% (D) At 9%
See Answer:

10. In RBI's Monetary and Credit Policy 2012-13 (Announced on April 17, 2012)—
(A) GDP growth projection maintained at 10%
(B) Credit growth projection for 2012-13 cut to 8%.
(C) Money supply growth target reduced to 10%
(D) Repo rate reduced from 8•5% to 8•0%
See Answer:

11. SLR refers to—
(A) That portion of total deposit of a commercial bank which it has to keep with itself in the form of case reserves
(B) Interest Rate
(C) Bank Rate
(D) Repo Rate
See Answer:

12. When RBI reduced SLR from 25% to 24% ?
(A) December 16, 2010 (B) July 1, 2011
(C) July 16, 2011 (D) October 1, 2011
See Answer:

13. Which is more closed to Base Rate of the Banks?
(A) Repo Rate (B) Reverse Repo Rate
(C) PLR (D) CRR
See Answer:

14. What is Bank Rate (As on April 17, 2012) ?
(A) 9•0% (B) 7 %
(C) 8% (D) 6%
See Answer:

15. On April 17, 2012 Repo Rate fixed at—
(A) 8•75% (B) 8•25%
(C) 8•0% (D) 8•50%
See Answer:

16. Which is not correct ?
(A) Bank Rate : 9•0 % (B) Reverse Repo Rate : 7•0 %
(C) Repo Rate : 8•0 % (D) SLR : 40%
See Answer:

17. At present how many commercial banks in Public Sector are working in the country ?
(A) 27 (B) 30
(C) 35 (D) 18
See Answer:

18. Which bank is the largest Public Sector bank in the country ?
(A) Union Bank of India (B) HDFC
(C) RBI (D) SBI
See Answer:

19. Which is the largest Private Sector Bank in the country ?
(A) HDFC Bank (B) ICICI Bank
(C) Kotak Mahindra Bank (D) AXIS Bank
See Answer:

20. On June 30, 2011 how many branches of SBI and Group were working in the country ?
(A) 17976 (B) 18200
(C) 67300 (D) 62650
See Answer:
 

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