Banking Awareness Questions :: IBPS PO & Clerks Set 4 Question And Answers

Quantitative Aptitude
Verbal Ability

11. Govt of India in March 2011 conferred the miniratna status on which of the following PSU's?

A. National Small Industries Corporation (NSIC) B. Air India Charters Ltd
C. Cement Corporation of India D. Reserve Bank of India
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12. The Prime Minister's Economic Advisory Council headed by C. Rangarajan has submitted its report on economy "The Economic Outlook and the Review". WHo among the following is NOT a member of it?

A. Suman K Bery B. Dr Sumitra Choudhary
C. M. Govinda Rao D. BB Bhattacharya
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13. When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is knwon as

A. Term Deposit B. Demand Deposit
C. Bond D. Mortgage
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14. The committee set up by the Group of Ministers (GOM) to examine the "Go and No Go Sytem" for coal mining was chaired by planning commission member

A. N. K. Sinha B. B. K. Chaturvedi
C. K. P. Geeta Krishnan D. M. S. Swaminathan
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15. A type of cheque which is more than six months old is a _____________

A. Mutilated Cheque B. Stale Cheque
C. Crossed Cheque D. Post-dated Cheque
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16. Who regulates the Mutual Funds ?

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17. Unit Trust of India was the first mutual fund set up in India in the year ?

A. 1963 B. 1997
C. 1992 D. 1987
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18. Usually, the performance of a particular scheme of a mutual fund is denoted by NAV. NAV means?

A. Not Asset Value B. Net Assignment Value
C. Non Accessible Value D. Net Asset Value
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19. A mutual fund is set up in the form of a trust, which has sponsor, trustees, AMC and custodian. AMC means ?

A. Asset Management Company B. Assignment Management Company
C. Assign Management Company D. Asset Money Company
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20. India is one of the founding members of Kimberley Process Certification Scheme (KPCS). KPCS is related to ?

A. Import and Export fo Rice B. Import and Export of Rough Diamonds
C. Import and Export of Home Appliances D. Import and Export of Computers
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