IBPS PO 2012 GA PAPER

101	A money deposit at a bank that cannot be withdrawn for a preset fixed of time is known as a _________
	(1) Term deposit
	(2) Checking Account
	(3) Savings Bank Deposit
	(4) No Frills Account
	(5) Current Deposit
102	A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as ______
	(1) CHAPS
	(2) SWIFT
	(3) NEFT
	(4) SFMS
	(5) CHIPS
105	The term ‘Smart Money’ refers to ___________
	(1) Foreign Currency
	(2) Internet Banking
	(3) US Dollars
	(4) Travelers’ cheques
	(5) Credit Cards
106	Which one of the following is not a ‘Money Market Instrument’?
	(1) Treasury Bills
	(2) Commercial Paper
	(3) Certificate of Deposit
	(4) Equity Shares
	(5) None of these
107	Which one of the following is a retail banking product?
	(1) Home Loans
	(2) Working capital finance
	(3) Corporate term loans
	(4) Infrastructure financing
	(5) Export Credit
110	As per newspaper reports, India is planning to use ‘SEU’ as fuel in its 700 MV nuclear reactors being developed in new plans. What is full form of ‘SEU’ as used here?
	(1) Safe Electrical Units
	(2) Small Electrical Units
	(3) Slightly Enriched Uranium
	(4) Sufficiently Enriched Units
	(5) Safely Enriched Uranium
111	Technological Advancement in the recent times have given a new dimension to banks, mainly to which one of the following aspects.
	(1) New Age Financial Derivatives
	(2) Services Delivery Mechanism
	(3) Any Banking
	(4) Any Type Banking
	(5) Multilevel Marketing
112	When there is a difference between all receipts and expenditure of the Govt. of India, both capital and revenue, it is called _______
	(1) Revenue Deficit
	(2) Budgetary Deficit
	(3) Zero Budgeting
	(4) Trade Gap
	(5) Balance of payment problem
113	Which of the following is NOT a function of the Reserve Bank of India?
	(1) Fiscal Policy Functions
	(2) Exchange Control Functions
	(3) Issuance, Exchange and destruction of currency notes
	(4) Monetary Authority Functions
	(5) Supervisory and Control Functions
114	Which of the following is NOT required for opening a bank account?
	(1) Identity Proof
	(2) Address Proof
	(3) Recent Photographs
	(4) Domicile Certificate
	(5) None of these
116	What is the maximum deposit amount insured by DICGS?
	(1) Rs. 2,00,000 per depositor per bank
	(2) Rs. 2,00,000 per across all banks
	(3) Rs. 1,00,000 per depositor per bank
	(4) Rs. 2,00,000 per across all banks
	(5) None of these
117	The present Foreign Trade policy of India will continue till ________
	(1) December 2012
	(2) March 2013
	(3) March 2014
	(4) June 2013
	(5) December 2014
118	With reference to a cheque which of the following is the ‘drawee bank’?
	(1) The bank that collects the cheque
	(2) The payee’s bank
	(3) The endorsee’s bank
	(4) The endorser’s bank
	(5) The bank upon which the cheque is drawn
119	In which of the following fund transfer mechanisms, can funds be moved from one bank to another an where the transaction is settled instantly without being with any other transaction?
	(1) RTGS
	(2) NEFT
	(3) TT
	(4) EFT
	(5) MT
124	Banking Ombudsman Scheme is applicable to the business of ______________
	(1) All scheduled commercial banks excluding RRBs
	(2) All scheduled commercial banks including RRBs
	(3) Only Public Sector Banks
	(4) All Banking Companies
	(5) All scheduled banks except private banks
126	Nationalization of banks aimed at all of the following except _________
	(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
129	As per revised RBI Guidelines, Provision on secured portion of loan accounts classified as Doubtful Assets for more than one year and upto 3 (three) years is to be made at the rate of _____
	(1) 15%
	(2) 20%
	(3) 40%
	(4) 25%
	(5) 30%
133	Base Rate is the rate below which no Bank can allowtheir lending to anyone. Who sets up this ‘Base Rate’ for Banks?
	(1) Individual Banks’ Board
	(2) Ministry of Commerce
	(3) Ministry of Finance
	(4) RBI
	(5) Interest Rate Commission of India
136	What is a ‘Debit Card’?
	(1) It is a card issued by a Rating Agency
	(2) It is a card which can be used for withdrawing cash or making payment even in the absence of any balance in the account
	(3) It is a card which can be used for withdrawing cash or making payment if there is balance in the account
	(4) It is a card which carries prepaid balance
	(5) It is a card which can be used for making STD calls
140	Bad advances of a Bank are called : ______
	(1) Bad debt
	(2) Book debt
	(3) Non Performing Asset
	(4) Out of order accounts
	(5) Overdrawn accounts
141	Axis Bank is a ________
	(1) Public Sector bank
	(2) Private Sector Bank
	(3) Co-operative Bank
	(4) Foreign Bank
	(5) Gramin Bank
142	By increasing repo rate, the economy may observe the following effects: ___________
	(1) Rate of interest on loans and advances will be costlier
	(2) Industrial output would be affected to an extent
	(3) Banks will increase rate of interest on deposits
	(4) Industry houses may borrow money from foreign countries
	(5) All of these
143	Increased interest rates, as is existing in the economy at present will _______
	(1) lead to higher GDP growth
	(2) lead to lower GDP growth
	(3) mean higher cost of raw materials
	(4) mean lower cost of raw materials
	(5) mean higher wage bill
146	FinanceMinistry has asked the Reserve Bank of India to allow common ATM’s that will be owned and managed by non-banking entities hopping to cut transaction costs for banks. Such ATM’s are known as ________
	(1) Black Label ATM’s
	(2) Offsite ATM’s
	(3) On site ATM’s or red ATM’s
	(4) Third party ATM’s
	(5) White label ATM’s
149	An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated?
	(1) Indian Penal Code
	(2) Negotiable Instruments Act
	(3) Criminal Procedure Code
	(4) Payment and Settlements Act
	(5) Indian Contract Act
150	Mr. Rajendra had filed a complaint with Banking Ombudsman but is not satisfied with the decision. What is the next option him for getting his matter resolved?
	(1) Write to the CMD of the Bank
	(2) File an appeal before the Finance Minister
	(3) File an appeal before the Banking Ombudsman again
	(4) File an appeal before the Dy. Governor RBI
	(5) Simply close the matter as going to court involves time and money

Check below for Answers

Answers

101	1
102	2
105	5
106	5
107	2
110	3
111	2
112	1
113	1
114	2
116	4
117	2
118	5
119	1
124	2
126	2
129	3
133	4
136	3
140	3
141	2
142	3
143	1
146	5
149	3
150	4