General Awareness For IBPS-Clerks Main Examination
1. Which of the following can act as a Issuing and Paying Agent (IPA) of a Commercial Paper (CP)?
(A) Scheduled banks (B) RBI
(C) Finance Secretary, Government of India
(1) Only A (2) B and C (3) Only B
(4) Only C (5) Only B and C
2. What is the maximum amount one can invest in National Savings Certificate (NSC)scheme?
(1) Rs. 60,000 (2) Rs. 70,000 (3) Rs. 75,000 (4) Rs. 1,05000 (5) No maximum limit
3. Which of the following statements is Not true with respect to FCRA?
(1) It stands for Forward Contracts Regulation Act.
(2) In commodity exchanges in India, Index Futures are not permitted, as some of the provisions of the FCRA do not allow the same.
(3) It came into existence in 1950.
(4) The FCR Act provides for the regulation of commodity futures markets in India.
(5) It provides for establishment of the Forward Markets Commission (FMC).
4. What does crossing of a cheque means?
(1) This is the cancellation of cheque.
(2) This is a direction to the bank to not to pay the cheques across the counter.
(3) This is a direction to the drawee to encash the cheque across the counter.
(4) This indicates that the payment has already been made.
(5) This means that the payment of the cheque will be given after 10 days of deposit.
5. SEBI was established under the provisions of ___________.
(1) Securities and Exchange Board of India Act, 1990
(2) Securities and Exchange Board of India Act, 1987
(3) Securities and Exchange Board of India Act, 1992
(4) Securities and Exchange Board of India Act, 1988
(5) Securities and Exchange Board of India Act, 1995
6. When a company issues stock to the general public for the first time, it is called a/an_________________________
(1) First Issue (2) Initial Public Offering (3) First Stock Selling (4) Initial Stock Selling
(5) 1 and 4
7. An application for arbitration can be filed within ____ from the date of dispute.
(1) 3 months (2) 45 days (3) 6 months (4) 1 year (5) 9 months
8. Kisan Credit Cards are normally valid for __________years.
(1) 1 (2) 2 (3) 3 (4) 4 (5) 5
9. What is the annual premium under Pradhan Mantri Jeevan Jyoti Bima Yojana?
(1) Rs. 230 (2) Rs. 300 (3) Rs. 250 (4) Rs. 530 (5) Rs. 330
10. Under Pradhan Mantri Atal Pension Yojana what is the range of pension amount?
(1) Rs. 500 to Rs. 1000 (2) Rs. 1000 to Rs. 5000 (3) Rs. 500 to Rs. 2000
(4) Rs. 1000 to Rs. 6000 (5) Rs. 1000 to Rs. 3000
Answers
1.(1)
2.(5)
3.(3)
4.(2)
5.(3)
6.(2)
7.(3)
8.(5)
9.(5)
10.(2)
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