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IBPS BANK EXAM :: IBPS BANK EXAM TEST 6

  1. Which of the following organizations/agencies has sought an emergency fund of Rs 1000 crore from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro borrowers?
  2. A.

    Regional Rural & Cooperative Banks

    B.

    RBI

    C.

    Micro Finance Institutions

    D.

    NABARD

    E.

    None of these

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  3. Upper limit prescribed for RTCS transaction is ____
  4. A.

    Rs. 1 Lac

    B.

    Rs. 2 Lacs

    C.

    Rs. 5 Lacs

    D.

    Rs. 50 Lacs

    E.

    No upper limit is prescribed

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  5. Distribution of insurance products and insurance policies by bank as corporate agents is known as ____
  6. A.

    General Insurance

    B.

    Non-Life insurance

    C.

    Bank assurance

    D.

    Insurance banking

    E.

    Deposit insurance

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  7. What does the letter 'L' denote in term 'LAF' as referred every now and then in relation to monetary policy of the RBI?
  8. A.

    Liquidity

    B.

    Liability

    C.

    Leveraged

    D.

    Longitudinal

    E.

    Linear

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  9. What is the full form of 'FINO' a term we see frequently in financial newspapers?
  10. A.

    Financial Investment Network and Operations

    B.

    Farmers Investment in National Organisations

    C.

    Farmers Inclusion News and Operations

    D.

    Financial Inclusion Network and Operations

    E.

    None of these

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  11. Who among the following has been appointed as a director on board of the bank of America- the first non-American on the board of the largest financial institutions in the world?
  12. A.

    Azim Premji

    B.

    Ratan Tata

    C.

    Mukesh Ambani

    D.

    K . V Kamath

    E.

    Chanda Kocher

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  13. When the rate of inflation increases____
  14. A.

    purchasing power of money increases

    B.

    purchasing power of money decreases

    C.

    value of money increases

    D.

    purchasing power of money remains unaffected

    E.

    amount of money in circulation decreases

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  15. POSCO is in the process of establishing its plants in India. What does the letter 'P' denote in the name POSCO?
  16. A.

    Popular

    B.

    Pallin

    C.

    Pohang

    D.

    Paradeep

    E.

    Petersburg

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  17. Who amongst the following has become the Chief Minister of a State in India third time consecutively?
  18. A.

    Tarun Gagoi

    B.

    Nitish Kumar

    C.

    J. Jayalitha

    D.

    Mamta Banerjee

    E.

    None of these

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  19. Who amongst the following is the winner of Man Booker Prize 2011?
  20. A.

    Andrea Levy

    B.

    Nicola Barker

    C.

    Tom McCarthy

    D.

    Linda Grant

    E.

    Philip Roth

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