Banking Awarness For Practice

1. How many banks were nationalized in 1969?
1) 18
2) 6
3) 14
4) 20
5) 5

2. Which bank was not nationalized in 1969?
1) Allahabad Bank
2) Bank of Baroda
3) State Bank of India
4) Bank of India
5) Bank of Maharastra

3. How many banks were nationalized as a  second dose in 1980?
1) 4
2) 9
3) 6
4) 18
5) 12

4. Bad debts mean ............?
1) amounts owed to a company that are going to be paid
2) amounts owed to a company that are not going to be paid
3) amounts owed to a company that are going to be paid within 2 years
4) amounts owed to a company that are not going to be paid within 8 years
5) None

5. GST council (Goods and Services Taxes Council) in the Constitution 115th Amendment Bill headed by ............ to make recommendations the taxes to be levied, goods to be exempted, GST rate etc?
1) Prime Minister
2) Finance Minister
3) Commerce Minister
4) Revenue Minister
5) Finance Secretary

6. The current limit of External borrowings is $ 20 billion. This Current limit is now raised to $ ............ billion?
1) 21
2) 40
3) 70
4) 60
5) 30

7. ............is not the provision of the National Land Acquisition and Rehabilitation & Resettlement Bill?
1) In the given area, least 80% of the population must agree to acquisition of land by the government.
2) Land owners to be compensated with twice the registered or stamp value of the land in urban areas and six times in rural areas.
3) Single law has the provisions of Acquisition of land and rehabilitation
4) The government can appoint middle man to have talks with the local population to decrease the compensation
5) Compensation reflects the market rates

8. Food Security Bill proposed by National Advisory Council (NAC) proposes 90% ration in Rural Areas and ............% ration in Urban Areas. (National Advisory Council headed by Sonia Gandhi)
1) 50
2) 70
3) 100
4) 90
5) 25

9. Which period is called the 'banking swadeshi' period when many Indians established many banks?
1)1870-1940
2)1910-1947
3)1906-1911
4)1947-1991
5)1942-1947

10. The banks established in Swadeshi period are ............?
1) Bank of India
2) Corporation bank
3) Indian Bank
4) Bank of Baroda
5) All of the above

11. In which part of India, many banks are established, which is called the 'Cradle of Indian Banking System'?
1) Northern Assam
2) Southern Tamilnadu
3) Eastern Rajasthan
4) Southern Karnataka
5) Western Maharastra

12. The most banks in India failed between ............ Not less than 100 banks failed due to various reasons?
1) 1923-1928
2) 1953-1958
3) 1923-1948
4) 1903-1928
5) 1913-1918

13. Which party issued a paper by name 'Stray thoughts on Bank Nationalization' signaling the nationalization of banks in India?
1) Communist Party of India
2) Janatha Party
3) Congress Party
4) Republican Party
5) National Conference


14. Banking Companies (Acquisition and Transfer of Undertaking) Bill passed in ...............paving way to the nationalization of banks in India?
1) 1974
2) 1969
3) 1975
4) 1981
5) 1961

15. Who said the nationalization of banks is the 'masterstroke of political sagacity'?
1) Indira Gandhi
2) Raj Narayan
3) Jayaprakash Narayan
4) Jawahar Lal Nehru
5) Atal Bihari Vajpayee

16. The Union government decisions are given. Pick the correct one?
1) National Legal Aid and Reforms commiscommission coming soon
2) Supreme Court ordered the return of 156 hectares of land to farmers in Uttar Pradesh, allocated to construct posh buildings.
3) The postal department issues postal stamps on President of India's house Rastrapathi Bhavan
4) Five PIO ( Person of India Origin) universities will be set up in the future.
5) All of above

17. Project 'Surakhya' an Infant and Young Child Feeding (IYCF) introduced by ............?
1) Odisha
2) Chattisgarh
3) Arunachal Pradesh
4) Madhya Pradesh
5) Goa

18. 'Nanhe Haath Kalam Ke Saath' ( tiny hands with pen) phase II announced against the social evil of Child Labour by ............?
1) Karnataka
2) Andhra Pradesh
3) Uttar Pradesh
4) Rajasthan
5) Goa

19. SAARC Interior Ministers conference was recently held in ............?
1) Sri Lanka
2) India
3) Afganistan
4) Bhutan
5) Nepal

20. Mahatma Gandhi led .............listed in the top ten of the most influential protests in the world as mentioned by 'Time magazine'?
1) Non-cooperation Movement
2) Swadeshi Movement
3) Salt Satyagraha
4) Quit India Movement
5) Champaran Satyagrah
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