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General Awareness Questions For Bank Exam: Solved Question Papers Part 01

Part: 01
General Awareness Questions For Bank Exam
 Solved Question Papers 


1. India's very own Global Positioning System (GPS) which is set to hit the market for public use in early 2018 is known as the 'Indian Regional Navigation Satellite System' (IRNSS). Its operational name is–
(A) NASIK
(B) NASIC
(C) NAVIC
(D) NAVIK
(E) NAVIS

2. The 'Dalong Village' covering an area of 11.35 sq. km. has recently (May 2017) been declared as Biodiversity Heritage Site under Section 37(1) of Biological Diversity Act, 2002. The village is situated in the Indian State of–
(A) Manipur
(B) Madhya Pradesh
(C) Mizoram
(D) Maharashtra
(E) Assam

3. The' Almatti Dam' is a hydroelectric project on the Krishna River in the Indian State of–
(A) Andhra Pradesh
(B) Maharashtra
(C) West Bengal
(D) Karnataka
(E) Telangana

4. The first Indian State which has recently launched its official 'T-wallet' offering anything anywhere platform for digital payments with an additional charge for the citizens is–
(A) Chhattisgarh
(B) Telangana
(C) Kerala
(D) Maharashtra
(E) Andhra Pradesh

5. Which of the following categories of banks are not allowed to accept deposits under 'Pradhan Mantri Garib Kalyan Deposit Scheme' (PMGKDS), 2016 ?
(A) Private Sector Banks
(B) Public Sector Banks
(C) Regional Rural Banks
(D) Cooperative Banks
(E) State Bank of India

6. A 'banking outlet' is one which opens for at least five days a week for at least–
(A) two hours a day
(B) five hours a day
(C) three hours a day
(D) four hours a day
(E) six hours a day

7. Which of the following instruments is 'not' a debt instrument?
(A) Stocks
(B) Debentures
(C) Bonds
(D) Mortgages
(E) Promissory Note

8. The working and activity of NBFCs are registered by the Reserve Bank of India within the framework of the–
(A) Reserve Bank of India Act, 1934 (Chapter 10-12)
(B) Banking Regulation Act, 1949
(C) Companies Act, 1956
(D) Banking Companies Act, 1970 (Chapter No. 4)
(E) Corporate Act, 2001

9. The Union Home Minister, Shri Rajnath Singh has recently (May 2017) released the book 'India 2017 : Yearbook'. The book is authored by–
(A) Dr. Arvind Panagariya
(B) Shri Rajiv Malhotra
(C) Shri Kamal Kishore
(D) Shri Tanay Pant
(E) Shri Rajiv Mehrishi

10. The 'Sonai Rupai Wildlife Sanctuary' is situated in the Indian State of–
(A) Arunachal Pradesh
(B) Tripura
(C) Meghalaya
(D) Sikkim
(E) Assam


11. The 2017 'North Atlantic Treaty Organisation' (NATO) Summit was recently (May 2017) held in–
(A) New York, United States of America
(B) London, United Kingdom
(C) Paris, France
(D) Brussels, Belgium
(E) Rome, Italy

12. The 'CGFMU' is a Credit Guarantee Fund established for guaranteeing loans sacrificed under the–
(A) PMRY Scheme
(B) PMMY Scheme
(C) PMGSY Scheme
(D) PMA Y Scheme
(E) PMUY Scheme

13. The 'Federation of Indian Chamber of Commerce and Industries' (FICCI) Smart Policing Award for the year 2017 has recently (May 2017) been conferred upon–
(A) Jammu City Police
(B) Pune City Police
(C) Kolkata City Police
(D) Delhi City Police
(E) Mumbai City Police

14. Which of the following is an integrated payment system which uses the customer's Smart or Credit Card by scanning a code of the merchant's place?
(A) Aadhaar Pay
(B) UPI
(C) Bharat Bill
(D) Bharat QR
(E) BhimApp

15. Disha Microfin Private Limited has recently (May 2017) received the final approval from the Reserve Bank of India to commerce–
(A) Local Area Bank Operations
(B) Universal Banking Operations
(C) Small Finance Bank
(D) Insurance Company
(E) Export License

16. With an intention of increasing Digital transactions, the Reserve Bank of India has recently permitted cooperative banks to deploy their own or third party point of sale terminals only, if their net assets are more than–
(A) Rs. 15 crore
(B) Rs. 25 crore
(C) Rs. 50 crore
(D) Rs. 10 crore
(E) Rs. 35 crore

17. 'Kanwar Pal Singh Gill' who recently (May 2017) passed away at the age of 82 was a former–
(A) Indian Civil Rights Activist
(B) Indian Police Officer
(C) Indian Intelligence Officer
(D) Indian Football Player
(E) Indian Civil Servant

18. The currency of the 'Republic of Maldives' is–
(A) Riyal
(B) Rupee
(C) Ringgit
(D) Rufiyaa
(E) Rupiah

19. A new cheaper, quicker and pollution-free 'soil-to-soil technology' to manufacture 'biofuel' has recently (June 2017) been developed by researchers at–
(A) IIT-Gandhinagar
(B) IIT-Jamshedpur
(C) IIT-Kanpur
(D) IIT-Kharagpur
(E) IIT-Bhubanesewar

20. The 'European Extremely Large Telescope' which when completed will be the world's largest optical telescope is being setup on a 3000 meter high mountain in–
(A) Arctic Desert in Canada
(B) Gobi Desert in China
(C) Taklimakan Desert
(D) Sahara Desert in Chad
(E) Atacama Desert in Chile


21. Asian Infrastructure Investment Bank (AIIB) has recently approved a loan of USD 160 million for a power project in the Indian State of–
(A) Maharashtra
(B) Madhya Pradesh
(C) Andhra Pradesh
(D) Himachal Pradesh
(E) Odisha

22. Payment solutions provider 'Oxigen Services' and 'PayU India' have been granted in-principle approval from Reserve Bank of India (RBI) to operate as–
(A) Payments Bank
(B) Small Finance Bank
(C) White Label ATM
(D) Universal Bank
(E) Bharat Bill Payments Operating Unit

23. The archaeological site of the Paleolithic period, the 'Bhimbetka rock shelters' is situated in the Indian State of–
(A) Andhra Pradesh
(B) Chhattisgarh
(C) Madhya Pradesh
(D) Himachal Pradesh
(E) Odisha

24. The 'Shri Shiv Chhatrapati Sports Complex' also known as Balewadi Stadium, is situated in–
(A) Nashik, Maharashtra
(B) Mumbai, Maharashtra
(C) Aurangabad, Maharashtra
(D) Nagpur, Maharashtra
(E) Pune, Maharashtra

25. The 'Cash and ATM Management Companies' are now not required to comply with the Private Security Agencies (Regulation) Act (PSARA). As a result they may not be allowed to attract Foreign Dire'ct Investment (FDI) up to–
(A) 51 per cent
(B) 28 per cent
(C) 100 per cent
(D) 75 per cent
(E) 68 per cent

26. At anyone time, the minimum balance in a BSBDA Small Account should not exceed–
(A) Rs. 40,000
(B) Rs. 50,000
(C) Rs. 30,000
(D) Rs. 20,000
(E) Rs. 1,00,000

27. The Union Cabinet has recently approved the public testing of five state-owned general insurance companies and making the government's stake in them from 100% to–
(A) 75 per cent
(B) 49 per cent
(C) 51 per cent
(D) 61 per cent
(E) 68 per cent

28. In India the Credit rating agencies are regulated by–
(A) SEBI
(B) RBI
(C) FIMMDA
(D) PFRDA
(E) IRDA

29. The Dadasaheb Phalke Academy A ward in the newly introduced 'Internationally Acclaimed Actress' Category has recently been awarded to film actress–
(A) Aishwarya Rai Bachchan
(B) Malika Sherawat
(C) Priyanka Chopra
(D) Deepika Padukone
(E) Freida Pinto

30. The HCL Asian Junior Tennis Championship 2017 was recently (27th May 2017-3rd June, 2017) held in–
(A) Jakarta, Indonesia
(B) Pune, India
(C) Kuala Lumpur, Malaysia
(D) Mumbai, India
(E) Kolkata, India


3l. The Reserve Bank of India has advised banks to adhere to timelines prescribed for formulation and implementation of the 'CAP' by resolution of stressed loans. The alphabet 'C' in abbreviation 'CAP' stands for–
(A) Convertible
(B) Corproate
(C) Company
(D) Corrective
(E) Currency

32. The 1,980 MW 'Ghatampur Thermal Power Project' is proposed to be set up at an estimated cost of Rs. 17,237 crore in the Indian State of–
(A) Uttar Pradesh
(B) Chhattisgarh
(C) Bihar
(D) Odisha
(E) Uttarakhand

33. The city of ' Abu Dhabi' is the capital of–
(A) Republic of Turkey
(B) Lebanese Republic
(C) The Hashemite Kingdom of Jordan
(D) Kingdom of Saudi Arabia
(E) United Arab Emirates

34. The 'Singareni Collieries Company Limited' (SCCL) is a government-owned coal mining company in India. The company is jointly owned by the Government of India and the–
(A) Government of Madhya Pradesh
(B) Government of Andhra Pradesh
(C) Government of Uttar Pradesh
(D) Government of Telangana
(E) Government of Tamil Nadu

35. The 'IRS' is a liquid financial derivative instrument which can be used to hedge against charges in–
(A) Income streams
(B) Interest rates swap
(C) Stock notices
(D) Exchange Rates
(E) Repo rates

36. Punjab National Bank (PNB) has recently (May 2017) received USD 100 million as the first tranche of the USD 500 million multi-tranche finance facility for Solar Rooftop Investment Progranune (SRIP) approved in 2016 by–
(A) Asian Development Bank
(B) New Development Bank
(C) International Monetary Fund
(D) International Development Association
(E) International Finance Corporation

37. According to the 2011 Census data, the sex ratio of the population in the country in 2011 stood at–
(A) 931 females to 1000 males
(B) 967 females to 1000 males
(C) 940 females to 1000 males
(D) 943 females to 1000 males
(E) 970 females to 1000 males

38. During the recent (May 2017) sixday four nation tour Prime Minister Narendra Modi visited 'Madrid' the capital city of–
(A) Slovakia
(B) Spain
(C) Switzerland
(D) Sweden
(E) Swaziland

39. According to RBI guidelines, a scheduled commercial bank can own stake in a payments bank to the extent permitted under Section 19(2) of the–
(A) Public Financial Institutions Act, 1956
(B) Banking Regulation Act, 1949
(C) State Bank of India Act, 1955
(D) Reserve Bank of India Act, 1934
(E) Reserve Bank of India Act, 1953

40. July 11, every year is observed as the–
(A) World Population Day
(B) World Literacy Day
(C) World Heart Day
(D) Malala Day
(E) World Hepatitis Day


41. The 'Ease of Doing Business Index' is an index proposed by the–
(A) World Trade Organisation
(B) New Development Bank
(C) World Economic Forum
(D) Asian Development Bank
(E) World Bank Group

42. The Reserve Bank of India has been opening the bank license window only periodically. Under the 'un- op' mechanism, however an application can be made–
(A) as and when RBI notifies
(B) only for specified corporations
(C) at any time subject to conditions
(D) only for specified branches
(E) only for private banks

43. In a breakthrough in military aviation technology, its largest indigenously built transport aircraft Y-20, was inducted by–
(A) Russia
(B) Pakistan
(C) China
(D) France
(E) America

44. The two-day 'G7 Summit 2017' was recently (May 2017) held in–
(A) Italy
(B) United Kingdom
(C) Japan
(D) France
(E) Germany

45. In order to move towards a cashless economy, the RBI has recently prohibited non-banking, finance companies (NBFCs) from disbursing loans against gold for an amount over–
(A) Rs. 20,000
(B) Rs. 99,000
(C) Rs. 50,000
(D) Rs. 15,000
(E) Rs. 40,000

46. India's largest bridge, the 'Dhola-Sadiya Bridge' has recently (May 2017) been inaugurated by PM Shri Narendra Modi. The bridge in the Indian State of Assam is built over the–
(A) Manasa River
(B) Dhansiri River
(C) Lohit River
(D) Teesta River
(E) Dihing River

47. The largest of White Label ATM Kiosks under the brand name 'Indicash' is owned and operated by–
(A) BTI Payments
(B) Tata Communications Payment Solutions
(C) Muthoot Finance Limited
(D) Prize Payments Solutions Limited
(E) Sun Infra Finance

48. The only Indian cricketer of the country to feature in the top 10 of the ICC Player Rankings for ODIs on May 2017 ?
(A) Virat 'Kohli
(B) Amit Mishra
(C) Shikhar Dhawan
(D) M. S. Dhoni
(E) Rohit Sharma

49. Based on the UN Habitual Data, the World Economic Forum has recently named two Indian cities as the world's most crowded cities. The cities are Mumbai and–
(A) New Delhi
(B) Kolkata
(C) Surat
(D) Kota
(E) Bengaluru

50. 'LAF' is a monetary policy instrument which allows banks to borrow money through repurchase agreements. The alphabet 'L' in the abbreviation 'LAF' stands for–
(A) Leverage
(B) Legitimate
(C) Liquidity
(D) Liability
(E) Local



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