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BANK PO GENERAL AWARENESS
BANK PO GENERAL AWARENESS MOCK TEST SET 3
January 11, 2016
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1. A centralized database with online connectivity to branches,Internet as well as ATM network which has been adopted by almost all major banks of our country is known as

1) investment banking
2) core banking
3) mobile banking
4) national banking
5) specialised banking

Answer

2

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2. Which of the following is not considered a money market instrument?
1) Treasury bills
2) Repurchase Agreement
3) Commercial Paper
4) Certificate of Deposit
5) Shares and bonds

Answer

5

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3. Banks in our country normally publicise that additional interest rate is allowed on retail domestic term deposits of
1) Minors
2) Married women
3) Senior citizens
4) Govt employees
5) Rural residents

Answer

3

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4. Largest shareholder (in percentage shareholding) of a nationalised bank is
1) RBI
2) NABARD
3) LICI
4) Govt. of India
5) IBA

Answer

4

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5. A money deposit at a bank that cannot be withdrawn for a preset fixed of time is known as a _________

(a) Term deposit
(b) Checking Account
(c) Savings Bank Deposit
(d) No Frills Account
(e) Current Deposit

Answer

1

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6. Which of the following was the issue over which India decided to vote against Sri Lanka in the meeting of one of the UN governed bodies/agencies?

(a) Violations of human right in Sri Lanka
(b) Allowing China to establish a military based in India ocean
(c) Issue of subsidy on agricultural products in the meeting of the WTO
(d) Allowing part of Sri Lanka to become an independent country governed by LTTE
(e) Sri Lanka’s claim to become a permanent member of UN Security Council

Answer

1

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7. Which one of the following is not a ‘Money Market Instrument’?

(a) Treasury Bills
(b) Commercial Paper
(c) Certificate of Deposit
(d) Equity Shares
(e) None of these

Answer

5

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8. Which one of the following is a retail banking product?
(a) Home Loans
(b) Working capital finance
(c) Corporate term loans
(d) Infrastructure financing
(e) Export Credit

Answer

2

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9. In the summit of which of the following organizations/group of Nations it was decided that all members should enforce Budget Discipline?

(a) G-8
(b) OPEC
(c) European Union
(d) SAARC
(e) G-20

Answer

5

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10. When there is a difference between all receipts and expenditure of the Govt. of India, both capital and revenue, it is called _______

(a) Revenue Deficit
(b) Budgetary Deficit
(c) Zero Budgeting
(d) Trade Gap
(e) Balance of payment problem

Answer

1

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