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IBPS BANK EXAM :: IBPS BANK EXAM TEST 1

  1. Which of the following countries recently conferred its Highest State Honor on Late Mrs.Indira Gandhi for her contribution in its 'Liberation war'?


  2. A.

    South Sudan

    B.

    Bangladesh

    C.

    Bhutan

    D.

    Slovakia

    E.

    Croatia

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  3. Which of the following statement is true?

  4. A.

    Banks cannot accept demand and time deposits from public

    B.

    Banks can accept only demand deposits from public

    C.

    Banks can accept only time deposits from public

    D.

    Banks can accept both demand and time deposits from public.

    E.

    Banks can accept demand and time deposits only from government

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  5. Interest payable on saving bank accounts is_______

  6. A.

    not regulated by RBI

    B.

    regulated by State Governments.

    C.

    regulated by Central Government.

    D.

    regulated by RBI

    E.

    regulated by Finance minister

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  7. Which of the following is the correct statement?

  8. A.

    State bank of India is the sole authority to issue and manage currency in India.

    B.

    A nationalized bank is the sole authority to issue and manage currency in India

    C.

    A cooperative bank is the sole authority to issue and manage currency in India

    D.

    RBI is the sole authority to issue and manage currency in India.

    E.

    None of these

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  9. The Home Minister of India was recently on visit to Bangladesh where both the countries signed a Coordinated Border Management Plan (CBMP). What are major points of this agreement?


    (A) The plan will help in resolving long pending border dispute between both the nations.

    (B) The head count of the people living in enclaves on the border will be completed within next six month's time.

    (C) India assured that no BSF Jawan will open fire on the people crossing the borders unless there is an attack on them


  10. A.

    Only (A)

    B.

    Only (B)

    C.

    Only (C)

    D.

    All (A), (B) and (C)

    E.

    Both (A) and (C)

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  11. Which of the following is/are commodity/ies on which subsidy is given to farmers/poor in India?

    (A) Fertilizer             (B) Kerosene                      (C) LPG
  12. A.

    Only (A)

    B.

    Only (B)

    C.

    Only (C)

    D.

    Both (A) and (C)

    E.

    All A, B & C

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  13. The President of India was recently on visit to South Korea and Mongolia. During her visit some agreements were signed by both the countries Which of the following was a common area on which India signed agreements with South Korea and Mongolia both?

  14. A.

    Peaceful use of Nuclear energy

    B.

    Export of edible oil to South Korea and Mongolia

    C.

    Providing technical help to become self sufficient in production of food grains

    D.

    Willingness of both the countries to support India's bid to have permanent seat in UN Security Council

    E.

    To hold Olympic games in 2022 in New Delhi jointly with South Korea and Mongolia

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  15. Iran recently threatened that it will stop supply of oil to India if the payment issue is NOT stored out quickly. What is the problem in payment to Iran?

    (A) The oil supplied by Iran is of substandard quality. Hence India suspended the supply and stopped the payment.

    (B) Indian banks have stopped transfer of money to Iran as UN has imposed sanctions on Iran.

    (C) India is bound to purchase oil only from OPEC members. Iran has abandoned the membership of OPEC, which has created a problem in payments.


  16. A.

    Only (A)

    B.

    Only (B)

    C.

    Only (C)

    D.

    All (A), (B) and (C)

    E.

    None of these

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  17. Accounts are allowed to be operated by cheques in respect of 


  18. A.

    Both Savings bank accounts and fixed deposit accounts

    B.

    Savings bank accounts and current accounts

    C.

    Both Savings bank accounts and loan accounts.

    D.

    Both Savings bank accounts and cash accounts only.

    E.

    Both Current accounts and fixed deposit accounts

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  19. Yingluck Shinwatra has won recently held elections to become first woman Prime Minister of

  20. A.

    Myanmar

    B.

    South Korea

    C.

    North Korea

    D.

    Thailand

    E.

    China

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