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G.K. QUIZ for R.B.

I & NICL (Assistant) Exam - 2013
1. The availability of cash and other cash-like marketable instruments that are useful in purchases and investments are commonly known as:

1) Cash crunch 3) Credit 5) None of these

2) Liquidity 4) Marketability

2. Jnanpith Award is given for excellence in the field of: 1) Music 2) Literature 3) Sports 4) Films 5) Social Services 3. As per newspaper reports, India's trade gap has been showing a negative growth for the last few months. "Trade Gap" means what? 1) Gap between total GDP and total consumption 2) Gap between total imports and total exports 3) Gap between available liquidity and expected demand in next five months 4) Gap between budgeted revenue collection and actual collection of the same 5) None of these
4. Which of the following is NOT a missile developed by the Defence Research and Development. Organisation (DRDO) ? 1) Shaurya 2) Pinaka 3) Brahmos 4) Agni 5) Nag 5. Pranab Mukherjee is the _______the President of India. 1) 13th President of India 2) 11th President of India 3) 12th President of India 4) 14t President of India 5) None of these

6. The 3rd SAARC Ministerial Level Meet on Poverty held in which among the following countries? 1) India 2) Bhutan 3) Bangladesh 4) Nepal 5) None of these 7. World Bank has projected India’s GDP growth forecast at ___ for the current financial year 2013-13? 1) 6.5% 2) 5.8% 3) 6.1% 4) 5.3% 5) 5.7%

Who has been appointed as the new President of the Asian Development Bank (ADB)? 1) Takehiko Nakao 2) Kikuo Iwata 3) Haruhiko Kurado 4) Hiroshi Nakaso 5) None of these Answers: 1 2 6 2 2 7 3 2 8 4 2 9 4 3 3 2 5 1 10 1 .8. CRR funds are kept by the banks in ____: 1) Cash in hand at branches 2) Balance with other banks 3) Balance in a special Account with RBI 4) Funds in the currency chest 5) None of these 9. RBI Provides ____ for meeting day .day receipt and expenditure mismatch to both Central and State Governments.to . 1) treasury bills 2) Ways and Means advance 3) date and securities 4) All the above 5) None of these 10.

Present minimum & maximum limit for RTGS transactions is ____. Which of the following tool is used frequently by the RBI to control credit and monetary situations of the markets in the country? (1) Cash Reserve Ratio (2) Real Time Gross Settlement (RTGS) (3) Balance of Trade (4) Forward Trade Agreements (5) Electronic Clearing Service Ans: (1) 3. No Limit Ans: (5) 5. No Limit (3) Rs. Rs 5 lac (4) Rs. The maximum amount of the total revenue earned by the government of India comes from(1) Income Tax (2) Customs Duty (3) Excise Duty (4) VAT (5) Corporate Tax Ans: (5) 7.1. 2 lac. 1 lac.50000. Rs 10 lac (5) Rs.5 lac. Rs 200000 (2) Rs. 2 lac. Recently RBI launch Inflation Indexed Bonds (IIBs) to stop away investors from gold to paper-based savings instruments. The Reserve Bank of India (RBI) constituted a working group to examine various issues concerning the deposit rates. What is the maturity period these bonds? . Which among the following organization has got the principal approval from the Reserve Bank of India (RBI) for establishing as well as operating White Label ATMs (WLAs)? (1) Muthoot Finance (2) Union Bank of India (3) LIC (Life Corporation of India) (4) NICL (National Insurance Company Limited) (5) None of these Ans: (1) 4. Which of the following is not a tool in the hands of RBI to control the inflationary pressure in the country ? (1) Bank Rate (BR) (2) Special Drawing Rights (SDR) (3) Statutory Liquidity Ratio (SLR) (4) Cash Reserve Ratio (CRR) (5) None of these Ans: (2) 2. (1) Rs. including floating rate of interest on fixed deposits under the chairmanship of: (1) SS Kohli (2) Dalbir Singh (3) HN Sinor (4) RK Talwar (5) None of these Ans: (3) 6.

In order to promote lending to priority sectors. Fiscal Responsibility and Budget Management Act (FRBM) concerns: I. The maximum number of withdrawals permitted in a savings account. RBI Provides ____ for meeting day . The Capital Account Convertibility of the Indian rupee refers to: (1) that the Indian rupee can be exchanged for the US dollar for international trade in goods and service (2) that the Indian rupee can be exchanged for any major currency for the purpose of trading financial assets (3) that the Indian rupee can be exchanged by the authorized dealer for travel purpose (4) that the Indian rupee can be exchanged for any major currency for the purpose of trade in goods and services (5) None of the above Ans: (2) 13.to .(1) 5 years (3) 6 years (5) None of these (2) 10 years (4) 7 years Ans: (2) 8. the Reserve Bank has allowed urban cooperative banks (UCBs) to grant unsecured loans up to how much percent of their assets? (1) 5 % (2) 10% (3) 15% (4) 20% (5) 25% Ans: (5) 9. Government has extended the term of which among the following Deputy Governor of the RBI? (1) Ujjwal Patel (2) Subir Gokaran (3) HR Khan (4) Anand Sinha (5) None of these Ans: (4) 10. half yearly is__? (1) 90 (2) 60 (3) 50 (4) 110 (5) None of these Ans: (3) 12. Balance of Payment III. Revenue Deficit (1) Only I (2) Only II (3) I & II (4) I & III (5) All of these Ans: (4) . Fiscal Deficit II. 1) treasury bills 2) Ways and Means advance 3) date and securities 4) All the above 5) None of these Ans: 2) 11.day receipt and expenditure mismatch to both Central and State Governments.

6. Under RBI guidelines under Scheme A. 9.7%.in first year to any Non Banking Finance company. HR Khan 4. Reserve Bank of India projected a GDP growth for 2013-14 at 5. Increase in net RBI credit for central government represents: Monetised deficit. Mysore. Urjit Patel (replaced Subir Gokran) 3. 2. Headquarter of RBI (Reserve Bank of India) : Mumbai 7. 5. Dr. financing and development of small scale industries in the country? (1) RBI (2) SBI (3) IDBI (4) SIDBI (5) None of these Ans: (4) 15. Chakarabarty 2. Governor of RBI: D. According to RBI lifespan of the polymer or Plastic notes is 5 years four times that of paper banknotes means paper bank notes have a lifespan of 1 year. . 3. Which of the following instruments of credit control adopted by the Reserve Bank of India (RBI) does not fall within ‘general’ or ‘quantitative’ methods of credit control? (1) Stipulation of certain minimum margin in respect of advance against specified commodities (2) Open market operations (3) Bank rate (4) Variable reserve requirement (5) None of these Ans: (1) Important Points: 1. RBI Sign first Currency Swap Agreement with Royal Monetary Authority of Bhutan with valid for a period of 3 years. Jaipur. Recently RBI announced to launch 10 plastic notes in 5 cities: Kochi. Anand Sinha 4.Subbarao Deputy Governor of RBI: 1.14. 8. K. RBI gives the approval to establishes a minimum of 1000 White Label ATMs (WLAs). Participatory Notes (PNs) are associated with: Foreign Institutional Investors.C. Which of the principal institution for promotion. Bhubhaneshwar and Shimla.

from Money Market. Certificates of deposit (CDs) are short-term borrowings in the form of Promissory Notes having a maturity of not less than 7 days up to a maximum of one year. 5 Lac. 11. Commercial Papers are short term borrowings by Corporates. 14. CP can be issued for maturities between a minimum of 7 days and a maximum of up to one year from the date of issue. RBI was set up on the recommendations of – Hilton Young Commission.10. Issued subject to minimum of Rs 5 lakhs and in the multiples of Rs. PDs. RBI generally reviews the Monetary policy for every 3 months. 12. Monetary policy is a tool with RBI to regulate to regulate the interest rate and money supply expansion that prevail in the economy. 13. FIs. .

International Monetary Fund (IMF) in at update to World Economic Outlook (WEO ) projected that the global economic growth rate would be ____ in 2013? (1) 3.K. Who is the newly appointed Secretary General of NHRC (National Human Rights Commission)___? (1) M S Ahluwalia (2) Arun Kumar Jain (3) Arvind Mayaram (4) Prakash Bakshi (5) None of these 5. In which of the following State India’s first village telecom incubator startup? . IFFCO (Indian Farmers Fertilizer Cooperative Limited) will soon set up a new plant in which among the following country? (1) Canada (2) Germany’ (3) Australia (4) Spain (5) None of these 4.9% (5) None of these 8.G.9% (4) 7.2% (4) 3. Lek Soniyachi is a financial incentive scheme for girls in BPL (Below Poverty Line) families. Aadhaar Enabled e-services launched were recently launched in which State on second anniversary of Aadhaar Card (1) Karnataka (2) Uttar Pradesh (3) Rajasthan (4) West Bengal (5) None of these 3. QUIZ FOR RBI & NICL ASSISTANT 1. Name the Indian American entrepreneur who was selected among 18 US President Obama's 18 'Presidential Innovation Fellows' programme? (1) Karl Mehta (2) Tulsi Gobbard (3) Lakshmi Mittal (4) Gurbaksh Chahal (5) None of these 6.9 (2) 4.5% (3) 5. In which state this scheme is implemented? (1) Madhya Pradesh (2) Uttar Pradesh (3) Maharashtra (4) Arunachal Pradesh (5) None of these 2.2% (2) 4.5% (3) 4. International Monetary Fund (IMF) forecasted Indian Economic Growth Rate to be ___ percent in 2013? (1) 6.5% (5) None of these 7.

com/2013/07/gk-quiz-for-rbi-niclassistant_4.9 percent to 5.html#ixzz2cDxXrvnX .7 percent for the year 2013 Read more: http://www. Who is the quickest Indian and the second quickest in world to score 4000 ODI runs? (1) Virat Kohli (2) Suresh Raina (3) Gautam Gambir (4) Yuvraj Singh (5) None of these Answers: 1 3 6 2 3 7 3 1 8 4 2 9 5 1 10 4 5 5 3 1 Note: International Monetary Fund (IMF) reduced the economic growth rate of India from its earlier forecast of 5. Who among the following is the current chairman of University Grants Commission (UGC)? (1) Prabhu Prasad (2) Sukhadeo Thorat (3) Ved Prakash (4) Suresh Mishra (5) None of these 10.bankersadda.(1) Karnataka (3) Bihar (5) Kerala (2) Tamil Naidu (4) Maharashtra 9.

What is the range of the missile? (1) 220 km (2) 290 km (3) 330 km (4) 250 km (5) None of these 3. National Data Centre for Unique Identification Authority of India (UIDAI) to come up in which among the following cities_____? (1) New Delhi (2) Bangalore (3) Lucknow (4) Gurgaon (5) Jaipur 4. Which among the following has proposed an equity investment of up to $ 25 million in a ‘India 2020’ fund that aims to provide capital and strategic assistance to SMEs in the country? (1) International Finance Corporation (IFC) (2) Asian Development Bank (ADB) (3)International Monetary Fund (IMF) (4) SIDBI (5) None of these 7. QUIZ FOR RBI & NICL ASSISTANT 1. ‘EEFC’ which is recently in news stands for: (1) Exchange Earner’s Foreign Currency (2) Earner’s Exchange Foreign Currency (3) Export Exchange Foreign Currency . India test-fires manoeuvrable version of BrahMos from a naval warship off the coast of Vishakhapatnam in Bay of Bengal. Which among the following states conducts the flagship biotech event BioAsia every year? (1) Karnataka (2) Andhra Pradesh (3) Tamil Naidu (4) Kerala (5) Uttar Pradesh 5. Who among the following has chosen for the Ireland’s prestigious Tipperary International Peace Prize for 2012? (1) Sonia Gandhi (2) Malala Yousafzai (3) Hillary Clinton (4) Dilma Rousseff (5) None of these 2. Which country became first country in Asia to order Chemical Castration of Child Rapist? (1) China (2) India (3) Japan (4) South Korea (5) Sri Lanka 6.K.G.

It was headed by___? (1) Sam Pitroda (2) YH Malegam (3) C Rangarajan (4) Mukul Mudgal (5) None of these 9. recently formed a committee for examining Common Tax Code for Excise Duty and Service Tax.html#ixzz2cDxov4lz . This committee was headed by____? (1) Y Narsimhan (2) YH Malegam (3) MK Gupta (4) BK Chaturvedi (5) None of these Answers: 1 2 6 2 2 7 3 4 8 4 2 9 5 4 10 1 1 3 3 3 Read more: http://www.bankersadda. Who among the following is the winner of the ATP Chennai Open 2013 title? (1) Viktor Troicki (2) Marin Cilic (3) Janko Tipsaveric (4) David Ferrer (5) None of these 10. A committee formed for poverty scale estimates in the country.(4) Employees Exchange Foreign Currency (5) None of these 8. The Govt.com/2013/07/gk-quiz-for-rbi-niclassistant_6.

(ii) and (iii) (E) None of these 4.) (i) It is a mortgage crisis referring to credit default by the borrowers. (ii) It is a facility to help nations in enrichment of uranium. one of the measures taken by RBI in order to control credit expansion in the economy means — (A) Sale or purchase of Govt. (iii) It is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period of time (A) Only (i) (B) Only (ii) (C) Only (iii) (D) All (i). the arrangement is generally known as — (A) Participation (B) Consortium (C) Syndication (D) Multiple banking (E) None of these 2. When more than one banks are allowing credit facilities to one party in coordination with each other under a formal arrangement. Open market operations. . (iii) It is an agency which will keep a close vigil on the nuclear programme of all the nations. Many times we read about Future Trading in newspapers. Which of the following correctly describes the concept of ‘Nuclear Bank’ floated by International Atomic Energy Agency? (i) It is a nuclear fuel bank to be shared by all the nations jointly. securities (B) Issuance of different types of bonds (C) Auction of gold (D) To make available direct finance to borrowers (E) None of these 3. Which of the following is/are true about the ‘Sub-Prime Crisis’ ? (The term was very much in news recently. (A) Only (i) (B) Only (ii) (C) Both (i) and (iii) only (D) Only (iii) (E) Both (i) and (ii) only 5.GK For RBI Grade B Exam 1. What is ‘Future Trading’ ? (i) It is nothing but a trade between any two stock exchanges wherein it is decided to purchase thestocks of each other on a fixed price throughout the year. (ii) It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price.

(B) and (C) 7. stocks etc. 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 10. (B) and (C) (E) None of (A). China & India (E) None of these 9. 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 8. South Africa (B) India. India. China. Russia. (iii) This crisis originated because of negligence in credit rating of the borrowers.(ii) Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers. The IMF and the World Bank were conceived as institutions to— (A) strengthen 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). An instrument that derives its value from a specified underlying (currency. Britain (C) South Africa. (ii) and (iii) (E) None of these 6. gold. Myanmar (D) US.) is known as— (A) Derivative (B) Securitisation Receipts (C) Hedge Fund (D) Factoring (E) Venture Capital Funding . Nepal. Which of the following groups of countries has almost 50% share in global emission of carbon every year ? (A) US. China. Russia. (A) Only (i) (B) Only (ii) (C) Only (iii) (D) All (i).

How many people sit between E and the CMD of Indian Bank when counted in clockwise direction from E? (1) None (2) One (3) Three (4) Four (5) Five 2. Who is the CMD of the PNB? (1) A (2) F (3) G (4) E (5) B . All of them are seated around a circular table and are facing the centre. G and H are CMD of eight different banks. Only two people sit between G and F. F. D is not the CMD of Allahabad Bank and A is not the CMD of Dena Bank. Only one person sits between B and the CMD of Indian Bank. Allahabad Bank. A sits third to the left of the Allahabad Bank’s CMD. Indian Bank. C.CMD of Bank of India & SBI are immediate neighbors. B.com/2013/08/gk-for-rbi-grade-bexam. T he CMD’s of PNB and Allahabad Bank are not immediate neighbors. The CMD of Dena Bank sits second to the right of D. E. Neither E nor G is an immediate neighbor of A. 1. The PNB’s CMD sits third to the left of F. G and B are not immediate neighbors.bankersadda. CMD of Indian Bank sits second to the left of A. Bank of Baroda. Neither E nor G is the CMD of Allahabad Bank. D is not the CMD of SBI. Corporation Bank. D is not an immediate neighbor of A.html#ixzz2cDy7Yf7m Reasoning Quiz For RBI Grade B Exam Directions (1-7): Study the following information carefully and answer the given questions. The CMD of Indian Bank is an immediate neighbor of H. A. C is the CMD of Corporation Bank. SBI. D. Bank of India and Dena Bank but not necessarily in the same order.Answers: 1 B 6 2 A 7 3 B 8 4 B 9 D C D E 5 D 10 C Read more: http://www. namely PNB.

These companies are Htc.G.G respectively. Samsung. Karbon. 6. Samsung. No person purchased mobile and music system of the same company. Which one of them does not match the criteria. (4) Four people sit between G and B (5) H sits second to the right of D. These companies were – Nokia. L. Philips. Karim. i. Which of the following is TRUE with respect to the given seating arrangement? (1) C is the CMD of Dena Bank. Each one purchased a music system also but of different companies. Philips. Karbon.3. . Pandey. Shukla. Yadav purchased mobile and music player of Samsung and L. Once they went to an Mobile shop to purchase mobile and music system. Trviedi. (3) The CMDs of PNB and Indian Bank are immediate neighbors. Each one purchased a mobile of different companies.G. Htc. What is the position of the CMD of Bank of India with respect to C? (1) Immediate left (2) Second to the left (3) Third to the right (4) Fourth to the right (5) Third to the left 7. Rana. 5. Which of the following would come in place of question mark based upon the given seating arrangement? FD HC BG EB ? (1) DG (2) GH (3) BG (4) BH (5) CF 4. Who is the CMD of Bank of Baroda? (1) B (2) F (3) H (4) E (5) cannot be determined. L. Umesh and Yadav are seven persons living in a boys hostel near Nirman Vihar.. Intex and iball (but not necessarily in the same order). find the group? (1) GD (2) AD (3) CF (4) EH (5) GB Directions (8-12): Study the following information carefully and answer the given questions. (2) G is an immediate neighbor of F. Umesh purchased mobile of Htc but he did not purchase music system of Intex or iball. ii. and Spice (but not necessarily in the same order).

The one who purchased mobile of either Nokia or Spice did not purchase music system of Intex . Umesh purchased music system of which company? (1) Can’t say (2) Htc (3) iball (4) Intex (5) None of these 11. v. or spice mobile did not purchase music system of Htc. Similarly. Karim’s mobile and Pandey music system were of the same company iv.G. And the one who purchased L. Similarly. Pandey mobile and Karim music system player were of the same company.G. Shukla did not purchase any gadgets of L. Who purchased music system of Htc? (1) Can’t say (2) Rana (3) Shukla (4) Trivedi (5) None of these 10. Which of the given statements is not necessary to answer the above questions? (1) (iii) (2) (ii) (3) (iv) (4) (v) (5) All are necessary Solutions (1-7) . or Htc.iii. Rana did not purchase any gadget of Nokia or iball. Who purchase mobile of Spice? (1) Can’t Say (2) Rana (3) Shukla (4) Trivedi (5) None of these 9. Pandey purchased mobile of which company? (1) Can’t say (2) Philips (3) Htc (4) Samsung (5) None of these 12. 8.

(1) Solutions(8-12) Mobile Person Music System Philips/Karbon Pandey Karbon/Philips Karbon/Philips Karim L. (5) 4. (5) 5.(5) 11. (1) 3.(1) 12.com/2013/06/reasoning-quiz-for-rbi-grade-bexam. 8.Ans: 1.bankersadda. Ans. (4) 6.(3) 9. Spice Nokia Htc Samsung Rana Shukla Trivedi Umesh Yadav Philips/Karbon Intex iball Htc Samsung L.G.G. (4) 7.(5) Read more: http://www.(4) 10. (3) 2.html#ixzz2cDyOTBHw .