Awareness

ISBT Awareness for all banking PO,Clerk,IBPS PO,Railway,SSC,IAS,OAS Exams

Q31.	Who headed the committee on revamping the public-private-partnership (PPP) model in India which recently submitted its report to the Union Govt.?

1)	Bimal Jalan	2)	Nachiket Mor
3)	Rajiv Mehrishi	4)	Vijay Kelkar
5)	None of these

Q32.	What is the main objective of Pradhan Mantri Micro Units Development Refinance Agency (MUDRA) that was launched in 2015 ?

1)	To encourage big infrastructure projects	2)	To encourage small and medium enterprises
3)	To encourage small banks	4)	To encourage social and cultural activities
5)	None of the above

Q33.	Which of the following statement is not correct about the aim of the Nationalization of banks ?

1)	Provision of adequate credit for agriculture, SME & exports	2)	Removal of control by a few capitalists
3)	Provision of credit to big industries only	4)	Access of banking to masses
5)	Encouragement of a new class of entrepreneurs

Q34.	A cheque returned for insufficiency of funds. Payee will have right to issue notice and approach court of law for justice under section 138 of which act ?

1)	Indian Penal Code	2)	Negotiable Instrument Act
3)	Criminal Procedure Code	4)	Payment and Settlement Act
5)	Indian Contract Act

Q35.	Base Rate is the rate below which no Bank can lend their funds. Who sets up this  ‘Base Rate’ for Banks ?

1)	Individuals Banks Board	2)	Ministry of Commerce
3)	Ministry of Finance	4)	RBI
5)	Interest Rate Commission of India

Q36.	As we read in the newspaper, the term  CDR , a banker talks about. What does it stands for ?

1)	Corporate Debt Restructuring	2)	Corporate Debt Rollover
3)	Company Debt Rollover	4)	Corporate Deposit Restructuring
5)	Company Deposit Restructuring

Q37.	Which of the following is the best expression about financial inclusion ?

1)	To provide a permanent employment to the unemployed	2)	To provide a 100 days job to all those who are in need of a job
3)	To provide banking services to all those living in remote areas	4)	To ensure that all financial transactions amounting Rs. 15,000/- and above are done through banks.
5)	To provide finances for all

Q38.	The formal or institutional credit delivery system in rural India comprises which of the following ? (A) Cooperative Credit Institutions. (B) Commercial Banks. (C) Self-Help Groups

1)	Only (A) &(B)	2)	Only (C) & (D)
3)	All (A), (B), (C) & (D)	4)	Only (A), (B) & (C)
5)	None of these.

Q39.	Which of the following services provided by a bank in India is not liable for Service Tax as per existing laws ?

1)	Safe Deposit Lockers	2)	Merchant Banking Services
3)	Credit Cards	4)	Discount earned on certain discounted bills
5)	None of these

Q40.	Which of the following cannot be called a Debt Instrument as referred in financial transactions ?

1)	Certificate of Deposits	2)	Bonds
3)	Commercial Papers	4)	Stocks
5)	Loans