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IBPS BANK EXAM :: IBPS BANK EXAM TEST 2

  1. KYC means

  2. A.

    Know your Company

    B.

    Know your Customer

    C.

    Know your Currency

    D.

    Know your Creditors

    E.

    None of these


  3. India recently signed an agreement with which of the following countries to end a  long pending Border Dispute?
  4. A.

    Pakistan

    B.

    China

    C.

    Bhutan

    D.

    Myanmar

    E.

    Bangladesh


  5. Banks cannot do the following business?
  6. A.

    accept demand and time deposits from public.

    B.

    accept items for keeping in safe custody

    C.

    buy commodities for trading

    D.

    sell gold coins.

    E.

    accept foreign currency for selling to money changers.


  7. The maximum amount of the total Revenue earned by the government of India comes from
  8. A.

    Income Tax

    B.

    Customs Duty

    C.

    Excise Duty

    D.

    Value Added Tax

    E.

    Corporate Tax


  9. 'Financial Inclusion' is the latest powerful tool adopted by Reserve Bank of India. to fulfill the basic objective of 
  10. A.

    uplifting of population lying Below Poverty Line

    B.

    Connecting every Indian to the Country's Banking System

    C.

    Ensuring bank finance to all the landless agriculturists. 

    D.

    Overall financial growth backed by inflation control

    E.

    Inclusion of latest technology in Financial Sector of the Country


  11. Which Bank is the Banker to the Central Government?
  12. A.

    Central Bank of India

    B.

    Reserve Bank of India

    C.

    Punjab National Bank

    D.

    State Bank of Inida

    E.

    All of these


  13. The higher rate of growth of economy certainly reduces the 
  14. A.

    Gender inequalities

    B.

    Poverty

    C.

    Population of a country

    D.

    Flow of foreign direct investment

    E.

    None of these


  15. Which of the following is one of the States in India where unemployed youths are paid Unemployment Allowance?
  16. A.

    West Bengal

    B.

    Madhya Pradesh

    C.

    Uttar Pradesh

    D.

    Maharashtra

    E.

    Punjab


  17. RBI's policy stance to manage interest and liquidity are used for 
  18. A.

    Moderate inflation and maintain economic growth

    B.

    Moderating competition among private and public sector banks

    C.

    Eradicate un-employment in public sector

    D.

    Moderate currency supply in public hands

    E.

    Moderate deposits in public  sector banks


  19. The Prime Minister of India visited which of the following 'Latest Developed Countries' in Indian sub-continent in May 2011 and agreed to provide US $2 billion, as financial aid to it?
  20. A.

    Afghanistan

    B.

    Nepal

    C.

    Pakistan

    D.

    Myanmar

    E.

    Sri Lanka