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IBPS BANK EXAM :: IBPS BANK EXAM TEST 1

  1. The Union Cabinet recently cleared Prohibition of unfair Practices in Technical medical Educational Institutes and Universities Bill 2010. As per the bill which of the following will now be treated as a cognizable offence?

  2. A.

    Accepting capitation fee from the students

    B.

    Running a private college

    C.

    Not allowing students to change their course in between

    D.

    Running a college without proper facilities

    E.

    None of these


  3. Many  times we read a term CBS used in banking operations. What is the full form of the letter 'C' in the term 'CBS'?

  4. A.

    Compete

    B.

    Credit

    C.

    Continuous

    D.

    Core

    E.

    None of these


  5. GNP stands for_____

  6. A.

    Gross National Product

    B.

    Group Net Product

    C.

    Grand Nuclear Process

    D.

    Group Networking Process

    E.

    None of these


  7. The European Union has adopted which of the following as a common currency?

  8. A.

    Dollar

    B.

    Dinar

    C.

    Yen

    D.

    Peso

    E.

    Euro


  9. Which of the following schemes is launched specifically for helping Senior Citizens to avail loan by mortgage of their residential property?

  10. A.

    English mortgage scheme

    B.

    Senior Capital loan scheme

    C.

    Reverse Mortgage loan scheme

    D.

    Senior Citizen Personal loan scheme

    E.

    None of these


  11. SEBI is a_____

  12. A.

    Advisory body

    B.

    Statutory body

    C.


    Constitutional body

    D.

    Non statutory body

    E.

    Registered as a Society


  13. Mixed Economy means ________

  14. A.

    Co-existence of small and large industries

    B.

    Promoting both Agriculture and  industries in the economy

    C.

    Co-existence of public and private sectors

    D.

    Co-existence of rich and poor

    E.

    Existence of wholesale and Retail Markets


  15. Which of the following books is written by Vikram Seth?

  16. A.

    A Suitable Boy

    B.

    A Bend in the River

    C.

    Five Point Someone

    D.

    Lolita

    E.

    None of these


  17. The expansion for BIFR, in the context of the Indian Industry is 

  18. A.

    Board for Investment and Financial Redevelopment

    B.

    Bureau for Industrial and Financial Revolution

    C.

    Board for Investment and Formal Reconstruction

    D.

    Board for Industrial & Financial Reconstruction

    E.

    Bureau for Investment and Financial Reconstruction


  19. A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as ________


  20. A.

    CHAPS

    B.

    SWIFT

    C.

    NEFT

    D.

    SFMS

    E.

    CHIPS