RBI ASSISTANT MAINS STUDY PLANNER – BANKING AWARENESS DAY 8

Dear Banking Aspirant,

The exam which is hard to crack is here and the mains exam is still few days away and you have to prepare for that hard to crack the exam because the competition is higher and the number of candidates attending the mains exam for each state is less when compared to the prelims Examination.

This is one of the important exams and this will be the start for the IBPS CLERICAL MAINS EXAM which will happen in the new year. So start your preparations now with the RBI ASSISTANT Mains Planner and prepare for the exams. The Clerical Exam will be over and after that you still have to start your preparations for the RBI ASSISTANT mains exam so start from now on. You will be able to attend the questions if there is constant preparations are there.

We have planned this planner in such a way that this will cover all the current affairs from the month of September to November and the last two days will have quizzes from the month of December till 15th. So we have got the whole topics covered and this will be your key to crack the exam, because current affairs, banking awareness and Computer awareness equals to a total of 80 marks in the mains examination. As you all know the exams are getting tougher and we have to be prepared for any scenarios , so prepare hard for this RBI ASSISTANT MAINS EXAMINATION 2017 and crack the exam with your constant preparations.

RBI ASSISTANT MAINS STUDY PLANNER

Banking Awareness Day 8

Time : 10 Minutes

Q.1) Unclaimed Deposit defined under the section 26 (A) and ______.

a) Banking Regulation act of 1949

b) Companies act of 1956

c) RBI act of 1934

d) Transfer of Property Act of1882

e) Foreign Exchange Management Act of 1999

Q.2)Which of the following not authorized agencies selling the SGBs?

a) Scheduled Commercial Banks

b) SHCIL offices

c) Designated Post Offices

d) Regional Rural Bank

e) Recognised stock exchanges

Q.3)What is the Maximum denomination limit forSovereign Gold Bond (SGB) investment?

a) 200 Gram Gold

b) 500 Gram Gold

c) 1000 Gram Gold

d) 150 Gram Gold

e) 250 Gram Gold

Q.4)Under Sukanya Samriddhi Account, what is the maximum amount of ______ deposit financial year.

a) Rs.100000

b) Rs.1,50,000

c) Rs.50000

d) Rs.30000

e) None of these

Q.5) _______ accounts are generally held in a foreign country(with a foreign bank) domestic bank (from our perspective, our bank).

a) VOSTRO Account

b) NOSTRO Account

c) LORO Account

d) FCNR Account

e) None of these

Q.6) Standard and Poor’s, Moody’s are International Credit Rating Agency. Standard and Poor’s, Moody’s head quarter located in _______.

a) New York

b) London

c) Tokyo

d) Melbourne

e) Geneva

Q.7)Who is the head of committee to enable on doubling farmers income by 2022?

a) Justice A.K Mathur

b) Ganesh Singh

c) Ashok Dalwai

d) Sudarshan Sen

e) M. S. Sahoo

Q.8)SCORES is redressal portal of which organisation?

a) DICGC

b) SIDBI

c) SEBI

d) IRDAI

e) RBI

Q.9)The Mobile Money IDentifier (MMID) is the key identifying detail of a user participating in a transaction. How many unique digit number it contains while transaction?

a) 11- digit number

b) 12- digit number

c) 7- digit number

d) 8 – digit number

e) 4- digit number

Q.10)What is the Annual Premium amount under PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana)?

a) Rs.500

b) Rs.12

c) Rs.300

d) Rs.330

e) Rs.110

Q.11) How many times demonetization occurred in India Since 1935?

a) 6 (1946, 1956, 1968, 1978, 1988 and 2016)

b) 5 (1946, 1956, 1968, 1978, and 2016)

c) 2 (1946 and 2016)

d) 3 (1946, 1978 and 2016)

e) 4 (1946, 1968, 1978, and 2016)

Q.12) The S4A Scheme aims at deep financial restructuring of big debted projects by allowing lender (bank) to acquire equity of the stressed project. What is the full form of S4A?

a) Scheme for Sustainability Structuring of Stressed Assets

b) Sector of Sustainable Structuring of Stressed Assets

c) Scheme for Sustainable Structured of Stressed Assets

d) Scheme for Sustainable Structuring of Stressed Assets

e) Scheme for Sustainable Structuring of Stress Assets

Q.13) Last six digits of IFSC need to identify of _____.

a) Bank Branch

b) City Code

c) Bank Code

d) Either b or c

e) None of these

Q.14) Which is the highest loan limit (Tarun) of Mudra Bank?

a) 12 lakhs

b) 15 lakhs

c) 10 lakhs

d) 5 lakhs

e) 50 lakhs

Q.15) Which is the first private bank in India to issue gold coins?

a) Yes Bank

b) Federal Bank

c) Axis Bank

d) ICICI Bank

e) HDFC Bank

Q.16) Which of the following is true about Micro ATMs?

a) The cost of deployment of a micro ATM is lesser than that of an ordinary ATM.

b) Micro ATM are normally POS which connect to the bank’s core banking system using debit card

c) Micro ATMs has been introduced basically to facilitate residents of those areas/villages rural / remote / underbanked areas of the country where there no bank are available easily nor any ATM .

d) The fingerprint and personal details may also be linked to the Aadhaar Card, which will then serve as the ID proof required to withdraw money.

e) All are true

Q.17) The rate of interest charged by the central bank on the loans they have extended to commercial banks and other financial institutions is called ______.

a) Bank Rate

b) Reverse Repo Rate

c) Base Rate

d) CRR

e) SLR

Q.18) EFPOS is an electronic payment system involving electronic funds transfers based on the use of payment cards, such as debit or credit cards, at payment terminals. What does P in EFPOS stand for?

a) Point

b) Peer

c) Product

d) Payment

e) Purchase

Q.19) For which account PAN Card is not required?

a) Pradhan Mantri Jan Dhan Yojana

b) Pradhan Mantri Mundra Yojana

c) Pradhan Mantri Suraksha Bima Yojana

d) Pradhan Mantri Ujala Yojana

e) Pradhan Mantri Jeevan Jothi Yojana

Q.20) _____ is the risk of default on a debt that may arise from a borrower failing to make required payments.

a) Credit Risk

b) Liquidity Risk

c) Economy Risk

d) Operational Risk

e) Market Risk

To know more about the official languages of the regions , please read the following link to check the languages list.

RBI Assistant 2017 Notification Released

You can check the perks of being a RBI Assistant and the emoluments of the premier banking institution from the link given below.

PERKS OF BEING AN RBI ASSISTANT – SALARY,EMOLUMENTS, ALLOWANCES AND CAREER PROGRESSION