Due to popular demand, we are pleased to present you the Banking Awareness (with special reference to Banking Industry) for CWE-PO/MT-V- Main Examination.
Q.1. In which year Punjab National Bank was established ?
(1) 1880 (2) 1887 (3) 1894 (4) 1900 (5) None of these
Q.2. What is the full form of 'CORE' in core banking services ?
(1) Channel of Rupee Exchange.
(2) Customer Online Realtime Exchange.
(3) Centralized Online Rupee Exchange.
(4) Centralized Online Realtime Exchange.
(5) Customer Online Rupee Exchange.
Q.3. Consider the following statements about Multidimensional Poverty Index (MPI)
(A) MPI focuses on education, health & living standard as a supplement to income based
measure of poverty
(B) India ranks 63rd in MPI based poverty ranking among 104 developing countries.
(C) Bihar is the second poorest state in India on the basis of MPI based poverty ranking.
Which of above statement(s) is/ are true ?
(1) Only A & B (2) Only B & C (3) Only A & C (4) All A,B & C (5) None of these
Q.4. What is the upper limit of RTGS transactions in India ?
(1) No limit (2) Rs. 10 lacs (3) Rs. 50 lacs (4) Rs.20 lacs (5) Rs. 40 lacs
Q.5. Open unemployment refers to people-
(1) Who are not willing to work
(2) Who are willing but do not get work.
(3) Who leave their jobs in search of better jobs.
(4) Who have been dismissed because of corrupt practices.
(5) None of these
Q.6. 'Open Market Operation' is a part of-
(1) Income Policy (2) Fiscal Policy (3) Credit Policy
(4) Labour Policy (5) None of these
Q.7. SDR, the currency of the IMF, is in the form of-
(1) Paper Currency (2) Gold (3) Silver and Gold both
(4) Book Keeping entry only (5) None of these
Q.8. Which of the statements given below is/are incorrect ?
(A) United Stock Exchange is the fourth country level exchange of India.
(B) It is headquartered at Mumbai.
(C) It will trade in six foreign currency derivatives.
(1) Only A and B (2) Only B and C (3) Only A and C
(4) Only B (5) Only C
Q.9. In India, National income is estimated by ?
(1) Planning commission (2) Indian Statistical Institute
(3) Central Statistical Office (4) National Smaple Survey Organisation
(5) None of these
Q.10. Hindu Rate of Growth refers to the rate of growth of-
(1) GDP (2) Population (3) Foodgrains
(4) Per Capita income (5) None of these
