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

Quantitative Aptitude
Verbal Ability

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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21. Which Nationalized Bank was merged with Punjab National Bank ion 4th September1993 ?

A. Bank of India B. New Bank of India
C. Syndicate Bank D. Union Bank of India
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22. Which of the following public sector banks has the largest number of branches in foreign countries ?

A. Bank of Baroda B. ICICI Bank
C. HDFC Bank D. Axix Bank
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23. On 19th March 2014, RBI issued notice to banks to take measures to counter the threat expected to arise from discontinuation of the support from Microsoft of which software from 8th April 2014 ?

A. Windows 8 B. Windows XP
C. Windows Plus D. Windows NT
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24. Where was the first Bit-Coin ATM and an Online Application allowing individuals to buy and sell bit coins using mobile phones launched ?

A. Canada B. Thailand
C. China D. USA
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25. RBI on 13th March 2014, hiked the trade related remittance limit from 2 lakh rupees to what limit per transaction with immediate effect?

A. Rs. 10 lakh B. Rs. 5 lakh
C. Rs. 25 lakh D. Rs. 8 lakh
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