IBPS PO Mains General Awareness : Most Important Questions

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IBPS PO Mains General Awareness : Most Important Questions

IBPS PO Mains General Awareness: Most Important Questions.

IBPS PO Mains General Awareness

IBPS PO Mains is scheduled for November 20th, 2016. Lakhs of aspirants will appearing for it. Our experts in consultation with previous year toppers and successful aspirants have come up with a list of most important IBPS PO Mains General Awareness Questions for this year’s exam.

Note: We insist you practice the ‘type’ of IBPS PO Mains General Awareness questions mentioned below to ensure maximum results. The correct answer for each question has been marked in Red colour.

Q1. Which of the following is the Slogan of UPI(Unified Payment Interface)?
A. Less Amount More Digital
B. Less Cash More Transaction
C. Less Cashflow More Digital
D. Less Circulation More Digital
E. Less Cash More Digital

Q2. Which of the following banks are on-boarded as issuers?
A. IDBI Bank
B. RBL Bank
C. Karnataka Bank
D. Both (A) and (B)
E. Both (B) and (C)

Q3.What are the important instruments under Indian Stamp Act, 1899?
A. bill of exchange
B. power of Attorney
C. policy of insurance
D. None of the Above
E. All of the Above

Q4. A fund that tracks an index but can be traded like a stock is known as _______
A. Exchange Traded Funds(ETF)

B. Mutual Funds
C. Energy Funds
D. Investment Fund
E. None of the Above

Q5. A market established for the buying and selling of precious metals such as Gold and Silver is termed as ________
A. Bullion Market

B. Capital Market
C. Money Market
D. All of the Above
E. None of the Above

Q6. Paper Money issued on the credit of a bank or government is called ______
A. Commodity Money
B. Representative Money
C. Fiat Money
D. Fiduciary currency
E. None of the Above

Q7. Loan and Advances of a bank come under which of the following category?
A. Assets

B. Liabilities
C. Deposits
D. All of the Above
E. None of the Above

Q8. NABARD was established on the recommendations of the ______________
A. Public Accounts Committee
B. Shivaraman Committee
C. Narasimham Committee
D. All of the Above
E. None of the Above

Q9. Payment banks can accept a restricted deposit which is currently limited to _______ per customer account.
A. Rs.1 lakh

B. Rs.3 lakh
C. Rs.2 lakh
D. Rs.5 lakh
E. None of the Above

Q10. Any acquisition by the Payment Banks that are more than ____ will require approval of the RBI.
A. 5%

B. 10%
C. 15%
D. 20%
E. None of the Above

Q11. Which of the following services can be offered by Payment Banks?
A. Debit Cards
B. Online Banking
C. Mobile Banking
D. All of the Above
E. None of the Above

Q12. Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by ________ recommended the formation of a new category of bank called payments bank.
A. NR Madhawan Menon
B. Bimal Jalan
C. Nachiket Mor
D. Y.H. Melagam
E. None of the Above

Q13. Reserve Bank of India gave “in-principle” licences to _______ entities to launch payments banks.
A. 10
B. 11
C. 12
D. 13
E. None of the Above

Q14. Which of the following surrendered their “in-principle” to launch payments banks?
A. Cholamandalam Distribution Services
B. Dilip Shanghvi, Sun Pharmaceuticals
C. Tech Mahindra
D. All of the Above
E. None of the Above

Q15. The “in-principle” license is valid for _____months within which the entities must fulfil the requirements.
A. 12 Months
B. 14 Months
C. 18 Months
D. 24 Months
E. None of the Above

Q16. A trad-able form of loan is normally termed as ________
A. Certificate of Deposit (CD)
B. Inter Bank term Money
C. Bill Re-discounting
D. Debt Instrument
E. None of the Above

Q17. Which of the following is not a type of Debt Instrument?
A. Issuer class
B. Security
C. Coupon bearing
D. All of the Above
E. None of the Above

Q18. In which of the following instruments the investor has the option to either convert these debentures into shares at price decided by the issuer/agreed upon at the time of issue.
A. Non Convertible Debentures (NCD)
B. Partly Convertible Debentures (PCD)
C. Fully convertible Debentures (FCD)
D. Optionally Convertible Debentures (OCD)
E. None of the Above

Q19. Under ______ debentures, if the issuer fails on payment of either the principal or interest amount, his assets can be sold to repay the liability to the investors
A. Secured Debentures

B. Partly Convertible Debentures (PCD)
C. Fully convertible Debentures (FCD)
D. Optionally Convertible Debentures (OCD)
E. Unsecured Debentures

Q20. Who among the following are institutional investors in the Indian Debt Market?
A. Banks
B. Mutual funds
C. Foreign investors (FIIs)
D. Trusts
E. All of the Above

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