Banking Jobs IBPS Questions

Sep 18, 2011

National Bank for Agricultural and Rural Development Banking Awareness Question Papers


Q1. When did Regional Rural Banks start functioning in India?
(A) 1975
(B) 1947
(C) 1956
(D) 1960

Q2. Who was the Chairman of the Sixth Central Pay Commission?
(A) Justice B. N. Srikrishna
(B) Prof. Ravindra Dholakia
(C) J. S. Mathur
(D) Sushma Nath

Q3. The 11th Five Year Plan is termed as plan for.
(A) India’s Health
(B) Eradication of poverty from India
(C) India’s Education
(D) Development of Rural India

Q4. Which of the following correctly describes what sub-prime lending is?
(1) Lending to the people with less than ideal credit status.
(2) Lending to the people who are high value customers of the banks.
(3) Lending to those who are not a regular customer
(A) Only 1
(B) Only 2
(C) Only 3
(D) All

Q5. The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector this type of phenomenon is known as:
(A) Probability risk
(B) Market risk
(C) Inflation risk
(D) Credit risk


Q6. Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank?
(1) It does not accept deposits.
(2) It has a limited cash disbursement capacity.
(3) Lack of human interface.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) All

Q7. The World Development Report 2009 is released by which of the following Organisations?
(A) UNESCO
(B) ADB
(C) IMF
(D) World Bank

Q8. Which of the following statements is/are TRUE about the Lehman Brothers Holdings Inc. which was in news sometimes back?
(1) The US government provided a US$ 7000 million bailout package to the company.
(2) The company filed for bankruptcy in a court in New York.
(3) The company is now out of financial crisis and is busy in its restructuring so that it can start afresh.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) All

Q9. The Reserve Bank of India has recently issued guidelines to banks on Pillar 2 of Basel II
framework. Pillar 2 deals with which of the following?
(1) Better human resource management
(2) Adequate capital to support risks
(3) Better profitability with minimum number of employees
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) None of these

Q10.The World Investment Report 2008 was released in September 20This report is published every year by:
(A) Government of India
(B) World Trade Organisation (WTO)
(C) Asian Development Bank (ADB)
(D) United Nations Conference on Trade and Development (UNCTAD)

Q11. As we all know some new initiatives were introduced in the area of Fiscal Management by the government of India. Which of the following acts was passed a few years back to keep a check on the fiscal indiscipline on macroeconomic parameters?
(A) FERA
(B) FRBMA
(C) FEMA
(D) Public Debt Act

Q12. Which of the following has the sole right of issuing paper notes in India?
(A) Union Government
(B) Reserve Bank of India
(C) Ministry of Finance
(D) Supreme Court

Q13. Decision taken at Bretton Woods Conference led to the formation of
(A) IDA
(B) IMF
(C) ADB
(D) IFC

Q14. Which of the following is known as plastic money?
(A) bearer cheques
(B) credit cards
(C) demand drafts
(D) gift cheques

Q15. Euro is the currency of European Union. When did it come into being?
(A) 1999
(B) 1995
(C) 2000
(D) 2001

Q16. Which is the largest commercial bank in India?
(A) Reserve Bank of India
(B) State Bank of India
(C) ICICI Bank
(D) Bank of India

Q17. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form
(A) Reserve Bank of India
(B) Imperial Bank of India
(C) Bank of India
(D) Union Bank of India

Q18.In India, income tax is levied by
(A) Union Government
(B) State Governments
(C) Ministry of Finance
(D) RBI

Q19. The Reserve Bank of India was nationalized in?
(A) 1947
(B) 1948
(C) 1950
(D) 1956

Q20. What is a Bank which has capital and reserves of over Rs. 5 lakhs called?
(A) National Bank
(B) Cooperative Bank
(C) Scheduled Bank
(D) Unscheduled Bank

National Bank for Agricultural and Rural Development Question Papers