Current Affairs, General and Banking Knowledge Thread For Bank Aspirants

central office of RBI was established in 1935 in

1. Who among the following is the current solicitor General of India?
a- Jacob Mathew
b- Rohinton Nariman
c- Gopal Subramaniam
d- Ashok Chawla
e- Mohan Parasaran

2. World AIDS day is observed on?
a- 1st December
b- 1st March
c- 1st April
d- 1st May
e- 1st January

3. Which of the following country is hosting commonwealth 2018 games?
a- India
b- Australia
c- Sunth Africa
d- Pakistan
e- Sri Lanka

4.'Seychelles' where china is going to set up new Military base is a country in
a- Bay of Bengal
b-China Sea
c-Indian Ocean
d-Pacific Ocean
e- Red Sea

5. France has agreed to supply 'rafale' to india . The deal is supply of?
a- Warship
b-RADAR systems
c-Fighter Aircraft
d-Nuclear Reactor
e-Submarine

6. Consider the following statements.
i. Excise duty on gold is increased from 2% to 5% in mid January 2013
ii. Import duty on Gold is increased for 4% to 6% in Mid of Janauary 2013
The correct answer is/are.
a- Only i
b- Only ii
c- Both i & Ii
d- neither i & ii

7. Which of the following countries has the highest per capita GDP
a- Liechtenstien
b- Quatar
c- Luxemborg
d- Singapore

8. India has signed a bilateral SWAP arrangement with which of the following country to solve short term liquidity issues
a- USA
b- UK
c- France
d- Japan

9.MCX -SX, the new stock exchange has received commemcement certificate from SEBI for trading from feb 11, 2013 in ______
i Equity
ii Futures and options n equity
iii Interest rate derivatives and wholesale market

of these which are true.

a- both i & ii
b- both ii & iii
c- both iii& i
d- i & ii & III

10. As per the latest estimate of the Planning commission the highest urban poverty ratio is in the state of
a- Manipur
b- Bihar
c- jharkhand
d- Assam

Guys !!! Shoot !!

@Vidyagurudelhi

Hi,

Ques: ___________is the rate at which the Reserve Bank is ready to buy or rediscount bills of exchange or other commercial papers.



Regards,



Vidya Guru



0 answers 1) Bank Rate



6 answers 2) Repo Rate



5 answers 3) Reverse Repo Rate



2 answers 4) Base Rate



3 answers 5) Prime Lending Rate



Γ—

Pls. go through the OFFICIAL RBI DOCUMENT, which clearly states the definition of Bank Rate on PAGE NO. 13 as the rate at which the Reserve Bank is ready to buy or rediscount bills of exchange or other commercial papers. It also signals the medium-term stance of monetary policy. The report is also available on RBI website.

The ability of commercial banks to increase their deposits by expanding their loans and advances is known as

Which one of the following is not a direct instrument used in the formulation and implementation of monetary policy by RBI ?

Which is Not an indirect instrument of RBI ?

(Multiple choice que)

The 100th overseas office of which of the following public sector banks was recently inaugurated in dubai in 2013 ?

Quiz will be at 9:45 PM on this thread....by me...Hope you all will be present...πŸ˜ƒ


@Sidharth_150 @neha.coool @jhaavinash @neha_2011 @Aim2013cat @ISudhanshuSingh @ibpsre @P5

@Richa.Sharma @gauravvraj @dimpyrawal @manjarikumari @explore9 @SAMAMITH @shreyas1best

@ss64 @explore9 @blacksands @Vidyagurudelhi @honeybhushan22 @jaspunit @dimpyrawal @nine

@NareshA @naveengangwal @Nitali @sauravsi @anusense and all other whom i cannot write here....i

am inviting you all for the quiz.....πŸ˜ƒ

I hav found that lots of students hav problem in banking terms
@Vidyagurudelhi had uploaded material on banking on ths page some days before
and i found it useful πŸ˜ƒ


Plz download ths material those who hav not dowload yet ---given by @Vidyagurudelhi
(those who already hav ignore ths )


Quiz - 11....


1)________is the organization that maintains the borrower's history in India.


(a) CRISIL

(b) CIBIL

(c) CARE

(d) RBI


2) In India, the commercial banks are required to provide_______% of their ANBC (Adjusted Net Bank

Credit) to priority sector.


(a) 15

(b) 25

(c) 35

(d) 40


3) What does FSDC stand for?


(a) Financial Security and Development Council

(b) Financial Stability and Development Council

(c) Fiscal Security and Development Council

(d) Fiscal Stability and Development Council


4) RBI is coming up with the concept of___??___to protect banks against possible harmful effects

arising from the operations of their non-banking financial subsidiaries.


(a) Financial Holding Company

(b) Bank Holding Company

(c) Bureau of Credit Union

(d) Financial Institutions Audit Cell


5) What is understood by Fiduciary Issue of currency?


(a) The issue of currency notes without keeping gold or silver as deposit

(b) The issue of currency notes keeping gold or silver as deposit

(c) The issue of currency notes with partial gold or silver deposits

(d) The issue of currency notes with comparative gold or silver deposits


6) Which of the following acts is useful in controlling HAWALA transactions?


(a) FEMA Act

(b) RBI Act

(c) DICGC Act

(d) Banking Regulation Act


7) _____ has got RBI's nod to issue prepaid card to its clients.


(a) LIC

(b) SIDBI

(c) NABARD

(d) GIC


8) Who became the youngest athlete of Jammu and Kashmir to be conferred with the Sher-i-Kashmir

Sports Award.


(A) Aasif nawab

(B) Navjot singh

(C) parwez rasool

(D) harbhajan singh


9) Who won the madrid open 2013??(Lawn Tennis)


(A) Roger Federer,

(B) Novac Djokovic,

(C) rafa nadal,

(D) Juan Martin Del Potro


10) Just Dial will adopt a scheme _???_ for retail investors investing in its Rs 900-crore IPO (Initial

Public Offering).


(A) Safety Net

(B) Safety dial

(C) just for people

(D) dial to offer


All the best......-:)

Hey !!! guys !!! its great news that our thread has more than 200 followers today !!!

KUDOS TO ALL OF US !!!
😁😁😁😁

Which Asset Management Company on 13 May 2013 signed a Memorandum of Understanding (MoU) with eight Public Sector Banks for acquisition of infrastructure loans?

Dear All,


I am attaching a comprehensive list of Banking & Financial Terms, which are most often asked in Bank Exams. This document will be most helpful and I would suggest that you download it and give it a read every time you appear for any Bank Exam.

Keep Learning & Keep Sharing.πŸ˜‰πŸ˜‰πŸ˜‰

Regards,
Vidya Guru

Hi,


Ques: Which among the following is at times mentioned as a kind of Direct Debit Facility?


Regards,

Vidya Guru

Hi,


A money bill passed by the Lok Sabha is deemed to have been passed by the Rajya Sabha also if no action is taken by Rajya Sabha within


Regards,
Vidya Guru

'KYC' (Know Your Customer) norms were implemented in the Indian banking system in 2002 as per the directive of ......??????...

Banks generally don't pay interest on money deposited in which of the following accounts?

________________was the main objective of the Fiscal Responsibility and Budget Management Act, 2003.

The Financial Sector Assessment Program (FSAP) is a comprehensive and in-depth analysis of a country's financial sector. Which among the following bodies conducts this programme?

Which is not a name of an android version?