PSC MODEL QUESTIONS-PART1-BANK

Banking Awareness Questions for IBPS Exam 2012 | Bank Test Expected Questions from Banking Awareness


1. First Governor of RBI was:
(a)Hilton Young
(b)Paul Samuelson
(c)C.D.Deskmukh
(d)O.A Smith
Ans. (d) O.A Smith

2. At the time of nationalization who was the Governor of RBI:
(a)O.A Smith
(b)J.B Taylor
(c)C.D. Deshmukh
(d)K.C.Neogy
Ans. (c) C.D. Deshmukh

3. The RBI was nationalized in the year:
(a)1949
(b)1956
(c)1959
(d)1947
Ans. (a) 1949

4. The general superintendence and director of the bank is entrusted to central board of directors of:
(a)10 members
(b)20 members
(c)25 members
(d)30 members
Ans. (b) 20 members

5. Paper currencies of our country are issued by RBI under:
(a)Section 22 of the RBI act 1934
(b)Section 24 of the RBI act 1934
(c)Section 28 of the RBI act 1934
(d)None of these
Ans. (a) Section 22 of the RBI act 1934

6. One rupee currency notes bear the signature of:
(a)PM
(b)President of India
(c)Governor of RBI
(d)Finance Secretary of India
Ans. (d) Finance Secretary of India

7. Ten rupees notes bear the signature of:
(a)President
(b)Finance Minister
(c)Secretary of Ministry of finance
(d)Governor of RBI
Ans. (d) Governor of RBI

8. Which of the following is the banker of the banks:
(a)IDBI
(b)SBI
(c)RBI
(d)UTI
Ans. (c) RBI

9. In which of the following banks one can’t open a personal account:
(a)Co-Operative Banks
(b)Commercial banks
(c)Regional Rural Banks
(d)RBI
Ans. (d) RBI

10. Which of the following banks is the banker to the government:
(a)SBI
(b)SEBI
(c)RBI
(d)IRDA
Ans. (c) RBI

Co Operative Bank Exam questions for Clerk, Secretary posts

1. The term of office of an elected member shall be ......... years from the date of which he enters upon office.

Ans. 5

2. In a circle co-operative union reservation for women is ......... 

Ans. 1

3. The authority competent to reject a ballot paper shall be the ......... 

Ans. Returning Officer

4. Any dispute relating to the election of the circle co-operative union shall be referred to the ......... 

Ans. Registrar

5. The management of the affairs of the circle co-operative union shall vest in the body constituted under section ......... 

Ans. 88

6. Section ......... of KCS Act deals about the establishment of State Co-operative Union.

Ans. 89

7. The Audit of a State Co-operative Union is done by:

Ans. Director of Co-operative Audit

8. Approval of ANNUAL REPORT, budget and audited accounts of the union is the duty of:

Ans. General body

9. The managing committee of the State Co-operative Union consist of  .........  members.

Ans. 23

10. The number of Government nominees in the State Co-operative Union:

Ans. 2

Co- Operative Bank Exam Coaching

Model Questions

1. Name the Co-operative institution which bagged ‘Coffey International Award 2011’ for providing unique mobile service empowering the farmers through timely information delivery:

(a) IFFCO Kissan Sanchar Ltd

(b) Krishak Bharati Cooperative Limited (KRIBHCO)

(c) MILMA

(d) None of these

Ans. IFFCO Kissan Sanchar Ltd

2. Who is considered to be the father of Co- operative movement in India?

(a) Robert Owen

(b) Frederic Nicholson

(c) Edward Law

(d) Dupernix

Ans. Frederic Nicholson

3. The Planning and co- ordination function of Co- operative education is conducted by:

(a) NCCF

(b) NCCT

(c) NCUI

(d) None of these

Ans. NCCT

4. One Hundred and Eleventh Constitution Amendment Bill is notable because:

(a) Which made right to property

(b) Which made right to freedom of religion

(c) Which made right to form cooperative societies as a fundamental right

(d) None of these

Ans. Which made right to form cooperative societies as a fundamental right

5. National Agricultural Cooperative Marketing Federation of India Ltd (NAFED), a farmer’s co-operative was established in:

(a) 1990

(b) 1960

(c) 1979

(d) 1958

Ans. 1958

6. The first diary co-operative society formed was:

(a) Kaira

(b) Anand

(c) Gujarat

(d) Katra

Ans. Katra

7. The book “Co- operative Movement in India” written by:

(a) C.R Fay

(b) E.M Hough

(c) G.D.H Cole

(d) S.S Puri

Ans. E.M Hough

8. Which Committee recommended the formation of State Bank of India?

(a) National Commission of Agriculture

(b) All India Rural Credit Survey Committee

(c) Gorwala Committee

(d) Maclagan Committee

Ans. All India Rural Credit Survey Committee

9. NCCF stands for:

(a) National Co operative Consumer Federation

(b) National Consumer Co operative Forum

(c) National Co operative Federation

(d) None of these

Ans. National Co operative Consumer Federation

10. The largest milk producing nation in 2010-11 was:

(a) India

(b) Japan

(c) Denmark

(d) Ireland

Ans. India

Bank PO Model Questions

General Awareness

1. Which day is observed as World House Sparrow Day?

Ans. March 20

2. Which is the International Monetary Fund’s (IMF) unit of account?

Ans. SDR

3. The khandelwal committee to recommendations are related to the:

Ans. Banking sector

4. The 123rd birth anniversary of Muzzaffar Ahmed was observed in August 2011. Muzzaffar Ahmed was one of the founders of the:

Ans. Communist party

5. What is the India’s rank in the last National Security Index (NSI), 2011?

Ans. 5th

6. Who is the author of the book “India on the Growth Tumpike”?

Ans. Vijay Kelkar

7. Which of the following prizes is given to Mathematicians?

(a) Kluge Prize

(b) Kalinga Prize

(c) Abel Prize

(d) Pulitzer prize

Ans. Abel Prize

8. In August 2011 NASA launched the billion dollar solar powered spacecraft JUNO which is on a five year journey to:

Ans. Jupiter

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