Important General Awareness Questions For IBPS





1. 23rd governor of RBI is ……IBPS
1) Montek Singh Ahluwalia
2) Raghuram Rajan
3) K.C.Chakrabarthy
4) Sumithra Chaudhuri
5) Diwakar Guptha

2. Raghuram Rajan belongs to ……..
1) Tamilnadu
2) Andhra Pradesh
3) Madhya Pradesh
4) UP
5) Assam

3. Raghuram Rajan was the former Chief Economist of …………….
1) RBI
2) UNO
3) IMF
4) ADB
5) SBI

4. Who among the following never served as Governor of RBI?
1) James Taylor
2) Bengal Rama Rau
3) Pranab Mukherjee
4) C.Ranga Rajan
5) Manmohan Singh

5. Which among following served as the governor of RBI and Finance
Minister of India?
1) C.Rangarajan and C.D.Deshmukh
2) Y.V. Reddy and Manmohan Singh
3) C.D. Deshmukh and Manmohan Singh
4) D.Subbarao and Bimal Jalan
5) All of above

6. Board of Financial Supervision (BFS) of RBI started in ………
1) 2001
2)1994
3)1998
4) 2008
5) 2000

7. Board of Financial Supervision of RBI formed as a committee of the
central Board of Directors of RBI. The Committee headed by ………….
1) Deputy Governor of RBI
2) Governor of RBI
3) Finance Minister
4) Prime Minister
5) None

8. Aim of Board of Financial Supervision (BFS) of RBI to undertake the
consolidated supervision of the financial sector comprising the
financial organizations, Commercial banks and …………
1) NBFC
2) Chit funds
3) Share Market
4) NGO
5) None

9. Which legislation authorized RBI to inspect commercial banks?
1) Banking Regulation Act, 1934
2) Banking Regulation Act, 1954
3) Banking Regulation Act, 1949
4) Banking Regulation Act, 1972
5) Banking Regulation Act, 1901

10. Which among the following is not the function of BFS of RBI?
1) Off-site supervision of banks
2) Strengthening of inspections
3) Orders relating to payment gateways
4) Strengthening role of Auditors
5) None

11. Finacle Core Banking and McCamish Insurance products are going to be
launched by ……..
1) Infosys
2) Tech Mahendra Satyam
3) TCS
4) Pantla
5) None

12. A UN report has revealed that despite widespread poverty in the
country, India is on track to meet the United Nations’ Millennium
Development Goal (MDG) of poverty reduction by ……….
1) 2015
2) 2014
3) 2018
4) 2020
5) 2045

13. SWIFT started its live operations from 9th May ………
1) 1935
2) 1998
3) 2013
4) 1977
5) 2001

14. SWIFT has headquarters at ……….
1) Bonn
2) New York
3) New Delhi
4) Brussels
5) Tokyo

15. The upgraded SWIFT II system introduced in ……….. to which
system the most Indian banks are hooked.
1) 1996
2) 1995
3) 2001
4) 1998
5)1989

16. To use SWIFT based system, each country required to install CBT. CBT
means …
1) Computer Based Tracing
2) Computer Biased Terminal
3) Chip Based Terminal
4) Computer Based Trail
5) Computer Based Terminal

17. Present chairman of SWIFT is Yawar Shah. He belongs to ………. ?
1) Pakistan
2) UAE
3) India
4) Fiji
5) Iran

18. G. Padmanabhan committee appointed by RBI to give the
recommendations on ……….
1) Financial Inclusion
2) Export Finance
3) Customer Service
4) Financial Sector Reforms
5) RRB

19. RBI constituted committee under the chairmanship of …….. to
review the Ombudsman Scheme on 7 January 2013.
1) Sudha Chakravarthy
2) Sudha Sharma
3) Suma Verma
4) S.K.Kailash Chandra
5) None

20. Reconstituted the advisory board on bank, commercial and financial
frauds headed by …..
1) Usha Thorat
2) Prathip Chaudhuri
3) Shyamala Gopinath
4) Chanda Kocchar
5) None

21. High powered committee headed by ….. will submit recommendations
of merger of SBI Associates with SBI?
1) K.Ranganathan
2) Prathip Chaudhuri
3) S. Vishwanathan
4) Rajyam Bhaskar
5) None

22. First Indian Ocean Rim Association for Regional Cooperation
(IOR-ARC) meeting recently held at …….
1) Port Louis
2) New Delhi
3) Beijing
4) Singapore
5) Mali

23. Who heads the RBI panel recently said that to encourage housing
activity, introduction of fixed-rate loans for up to 30 years?
1) A.Prabhakar
2) Alok Kumar Mishra
3) K.K.Vohra
4) M.D.Mallya
5) Narendra Singh

24. R J Kamath given recommendations on …
1) Home Loan
2) Travel Loan
3) Education Loan
4) Consumption Loan
5) None

25. Narasimhan committee relates to banking reforms, Usha Thorat
committee deals with Financial Inclusion, Rajmannar committee recommends
on ……..
1) Inspection of Banks in North-Eastern states
2) Individual Bank applications regarding branch license
3) Issuing of Demand Draft
4) Changes in Banking Laws and regarding cheque bounce
5) None

26. RBI permitted to open first Sharia based Non Banking Finance Company
in …….. ?
1) Goa
2) Jammu & Kashmir
3) Kerala
4) Odisha
5) AP

27. High level panel headed by Deepak Parekh has recommended increasing
tariff for both the imported coal-based thermal station. Deepak Parekh
is ……. ?
1) Chairman, PMEC
2) Chairman, NSE
3) Chairman, HDFC
4) Chairman, TCS
5) None

28. Empowered Committee of States’ Finance Ministers on Goods and
Services Tax (GST) elected Abdul Rahim Rather as its new Chairman on 22
July 2013. He is ….
1) Finance Minister of Rajasthan
2) Minister of State for Finance
3) Advisor to Government of India in Commerce and Trade
4) Chairman of Indian Overseas Bank
5) Finance Minister of Jammu & Kashmir

29. To prepare a report on the socioeconomic, health and educational
status of the tribal communities of India, on 17th August 2013, the
government appointed a committee headed by ………
1) Ms. Sunila Basant
2) Dr. K.K. Mishra
3) Dr. Usha Ramanathan
4) Dr. Joseph Bara
5) Prof. Virginius Xaxa

30. Rogers Cup won by ………….
1) Andy Murray
2) Roger Federer
3) Rafael Nadal
4) David Ferrer
5) None

31. ……. has been appointed as the Chairperson of the National School
of Drama Society?
1) Shabana Azmi
2) Girish Karnad
3) Ratan Thiyam
4) Madhavi Latha
5) Leela Samson

32. World day against child labour ………
1) 12 January
2) 18 May
3) 12 June
4) 1 December
5) None

33. Shakuntala Devi recently passed away. She was a distinguished
………..
1) Famous chemist
2) Classical singer
3) Cricket player
4) Mathematical genius
5) None

34. POS’ is the acronym used in banking. It means ………
1) Point of Sales Terminal
2) Personal Omission Script
3) Pending Off Sales
4) Pointed Open Sales
5) Post Office Sales

35. NIM stands for …………. ?
1) Net Interest Minimum
2) Not Interest Margin
3) Net Internal Margin
4) Net Interest Margin
5) Net Interest Module

36. Ways and Means is the load of Advances provided by the RBI to ……..
1) Central Government
2) Banks
3) State Government
4) NABARD
5) None

37. Tuareg rebels are active in which of the following countries?
1) Pakistan
2) Bangladesh
3) Nepal
4) Afghanistan
5) Mali

38. The book titled ‘Shoes of the Dead’ is written by who among the
following?
1) Ravinder Singh
2) Kaliangar Karunanidhi
3) Khaled Hosseini
4) Amish Tripathi
5) Kota Neelima

39. First woman Managing Director of SBI?
1) Arundhati Bhattacharya
2) Kamilini Bhattacharya
3) Aruna Bhattacharya
4) Seetha Bhattacharya
5) None

40. Which bank opened Customer Service Point (CSP) to extend financial
inclusion targeting urban poor?
1) Union Bank of India
2) ICICI
3) SBI
4) Syndicate Bank
5) Yes Bank

41. ‘Maa Thota’ scheme in Andhra Pradesh sponsored by ……….. to
improve the lot of tribal families.
1) Andhra Bank
2) Union Bank of India
3) NABARD
4) NHB
5) RBI

42. Which Bank in India opened India’s first offshore banking Unit?
1) SBH
2) ICICI 3) SBI
4) Axis
5) Bank of Baroda

43. ………. promoted Securities Trading Corporation of India Limited
(STCI) jointly with the Public sector Banks.
1) RBI
2) SBI
3) UTI
4) LIC
5) SEBI

44. Which banks have comfortably retained the top rank in terms of
profits/ employee, as per the data released by the Reserve Bank of India
on 30 June 2013?
1) Public Sector Banks
2) Private Sector Banks
3) Foreign Banks
4) Co-operative Banks
5) Rural Banks

45. On 11 July 2013, the Union Cabinet approved to set up a national
university for women by the name of ‘The Indira Gandhi National
University for Women’ at Raibareli in ………
1) Madhya Pradesh
2) Rajasthan
3) Goa
4) Sikkim
5) Uttar Pradesh

ANSWERS:

1-2, 2-3, 3-3, 4-3, 5-3, 6-2, 7-2, 8-1, 9-3, 10-3
11-1, 12-1, 13-4, 14-4, 15-5, 16-5, 17-1, 18-2, 19-3
20-3, 21-3, 22-1, 23-3, 24-3, 25-4, 26-3, 27-3, 28-5, 29-5, 30-3
31-3, 32-3, 33-4, 34-1, 35-4, 36-3, 37-5, 38-5, 39-1, 40-3
41-3, 42-3, 43-1, 44-3, 45-5

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