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IBPS BANK EXAM :: IBPS BANK EXAM TEST 8

  1. Which of the following statements about contribution (approximately) of agriculture sector in GDP is correct ?
  2. A.

    Agriculture contributes 50% of tottal GDP

    B.

    Agriculture does not contribute significantly to India's GDP as the share is less than 1%

    C.

    India's GDP does not take agricultural sector into account

    D.

    Agricultural Sector is the part of Service Sector. Hence it is not considered as an independent sector.

    E.

    Agricultural Sector contributes 19% in India's GDP

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  3. Which of the following is correct statement ?
  4. A.

    Normally no interest is paid on current deposit accounts

    B.

    Interest is paid on current accounts at the same rate as term deposit accounts.

    C.

    The rate of interest on current account and savings account are the same.

    D.

    No interest is paid on any deposit by the bank.

    E.

    Savings deposits are the same as current deposits.

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  5. The Lokayukta of which of the following States had submitted a report on illegal mining of iron are in the State ?
  6. A.

    Andhra Pradesh

    B.

    Tamil Nadu

    C.

    Karnataka

    D.

    Orissa

    E.

    None of these

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  7. The usual deposit accounts of banks are __________
  8. A.

    Current accounts, electricity accounts and insurance premium accounts

    B.

    Current accounts, Post office savings bank accounts and term deposit accounts

    C.

    Loan accounts, savings bank accounts and term deposit accounts

    D.

    Current accounts, savings bank accounts and term deposit accounts.

    E.

    Current bill accounts and term deposit accounts

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  9. Fixed deposits and recurring deposits are ________
  10. A.

    repayable after an agreed period.

    B.

    repayable on demand.

    C.

    not payable.

    D.

    repayable after death of depositors.

    E.

    repayable on demand or after an agreed period as per bank's choice

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  11. The countries these days are most worried about the currency war. They are arguing about whose actions harmed the world economy the most. What are the views of the rich countries, particularly USA, in this regard ?

    (A) They feel that it was China who was unwilling to allow the Yuan to rise.

    (B) They feel that it was India who had snatched jobs in most of the European countries and USA. This made the situation more grim.

    (C) Some countries feel that it was Japan who allowed swapping of its currency with other nations and created a grim situation in world market.


  12. A.

    Only (A)

    B.

    Only (C)

    C.

    Only (B)

    D.

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

    E.

    None of these

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  13. Which of the following is NOT a Millennium Goal set by the UNO ?


  14. A.

    Eradicate extreme poverty and hunger

    B.

    Reduce child mortality

    C.

    Ensure environmental sustainability

    D.

    Combat terrorism and bring people in main stream of society

    E.

    Achieve universal primary education.

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  15. Financial inclusion means provision of ______
  16. A.

    financial services namely, payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the same.

    B.

    ration at affordable cost to persons not yet given the same.

    C.

    house at affordable cost to persons not yet given the same.

    D.

    food at affordable cost to persons not yet given the same. 

    E.

    education at affordable cost to person not yet given the same.

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  17. Which of the following Statements containing results of India's recent Census in NOT correct ?
  18. A.

    Kerala has about 94% literacy, the highest in India

    B.

    The Sex Ratio in India is 940

    C.

    Male literacy is lower than female literacy in seven most developed states

    D.

    Uttar Pradesh is the most populous State in India

    E.

    The population of India has increased by 181 million during the decade 2001-2011

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  19. Which of the following is known as cross selling by Banks?

    (A) Sale of debit card to a credit card holder.

    (B) Sale of insurance policy to a depositor

    (C) Insurance of Cash against cheque presented by a third party.

  20. A.

    Only (A)

    B.

    Only (B)

    C.

    Only (C)

    D.

    Both (A) and (C)

    E.

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

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