GENERAL AWARENESS

1. Reserve Bank issued guidelines for the Gold Monetization Scheme on October 22, 2015. Who will decide the interest rate on gold deposits? (4)

(1) RBI

(2) Finance Ministry

(3) Indian Banks Association

(4) Individual banks

(5) World Gold Council

2. Reserve Bank issued guidelines for the Gold Monetization Scheme on October 22, 2015. Redemption of Principal and interest at maturity will be in what form? (4)

(1) Cash only

(2) Gold only

(3) Cash or gold depending on the policy of the bank accepting gold deposit

(4)Cash or gold depending on the choice indicated by the customer while making gold deposit

(5) Cash or gold depending on the decision taken by the government

3. Reserve Bank issued guidelines for the Gold Monetisation Scheme on October 22, 2015. What is the minimum quantity of gold bank can accept as deposits? (4)

(1) 5 gm

(2) 10 gm

(3) 20 gm

(4) 30 gm

(5) 50 gm

4. Which public sector bank has launched a Composite Index that analyses manufacturing data to determine expansion or contraction in the economy? (5)

(1) Bank of India

(2) Bank of Baroda

(3) Punjab National Bank

(4) Canara Bank

(5) State Bank of India

5. Which is the first public sector bank to partner mobile payment application Chillr that enables customers to send money to anyone in their phonebook? (2)

(1) Bank of India

(2) Bank of Baroda

(3) Punjab National Bank

(4) Canara Bank

(5) State Bank of India

6. Government’s sovereign gold bond scheme will open for public subscription between November 5 and 20, the finance ministry said on October 30, 2015. What is the minimum quantity an investor has to bring to subscribe? (1)

(1) 2 grams

(2) 5 grams

(3) 10 grams

(4) 15 grams

(5) 20 grams

7. What was India’s rank among 189 economies in World Bank’s ‘Doing Business 2016’ report launched in October 2015? (3)

(1) 110^th  

(2) 120^th  

(3) 130^th

(4) 140^th  

(5) 150^th

8. Which is the best ranked Indian bank in the latest Bank Safety Ranking by ‘The Banker’, a Financial Times Publication? (3)

(1) Axis Bank

(2) ICICI Bank

(3) HDFC Bank

(4) Punjab National Bank

(5) State Bank of India

9. What is India’s position in the list of world’s most valuable nation brands by London-based Brand Finance in November 2015? (1)

(1) 7^th

(2) 17^th

(3) 27^th

(4) 37^th

(5) 47^th

10. A Swachh Bharat Cess of ____ will be imposed on all services which come under the purvie of Service Tax from November 15, 2015. (2)

(1) 0.25%

(2) 0.5%

(3) 0.75%

(4) 1%

(5) 1.25%