MCQs on banking

MCQs from various sources important for exams. Answer key is available at the end.

1) What is GAGAN Project developed with the help of ISRO?
a) It's ambitious plan of Indian airforce to develop next generation fighter planes by 2020.
b) It's satellite based system by AAI, to navigate & guide aircrafts over India, Bay of Bengal, South-East Asia & Middle East expanding upto Africa.
c) It's domestic version of GPS.
d) Advance weather forecasting system to be developed with the help of NASA.

2) Match the following correctly.
i. TS Vijayan, ii. UK Sinha, iii. Ila Patnaik, iv. Raghuram Rajan, v. Ramesh Abhishek
A) RBI, B) FMC, C) IRDA, D) SEBI, E) Principal Economic Advisor

(a) i-C, ii-D, iii-E, iv-A, v-B.
(b) i-C, ii-D, iii-B, iv-A, v-E
(c) i-C, ii-E, iii-D, iv-A, v-B
(d) i-D, ii-E, iii-B, iv-A, v-C.

3. Who is not Dy. Governor of RBI from below?
a) Urjit Patel, b) R. Gandhi, c) H R Khan, d) Anand Sinha

4) A Dy. Governor of RBI is appointed for a period of ____?
a) 3 years, b) 4 years, c) 5 years, d) 6 yrs, e) no such limit.

5) Name the youngest governor of RBI.
a) Raghuram Rajan. b) Bimal Jalan. c) YV Reddy. d) SS Tarapore. e) CD Deshmukh

6) Which of the following book is written by Sh Raghuram Rajan?
a) Saving Capitalism, b) Irrational Exuberance, c) The Alchemy of Finance, d) Saving the world, e) none of these

7) Autobiography of actor Dilip Kumar?
a) My Journey through Bollywood. b) Black & White to Colored Cinema. c) 100 years 0f Indian Cinema. d) The Substance and the Shadow. e) The man of substance.

8) When is World environment day?
a) 2 june, b) 3 june, c) 5 july, d) 1 Aug, e) 5 june.

9) Official Mascot of FIFA 2014 is ___?
a) Blu Macaw. b) Zakumi. c) Goleo. d) Fuleco. e) Striker.

10) Who heads 14th Finance Commission?
a) Vijay Kelkar. b) YV Reddy. c) Raghuram Rajan. d) Bimal Jalan.

11) What is 'Cash Recyclers' machine?
a) ATMs that can accept & dispense cash too. b) Recycling machine for soiled notes. c) Note sorting machine. d) Note counting machine.

12) Which of the following is true?
a) Minors above 10 can open & operate Savings account independetely with cheque book & ATM facility.
b) For the purpose of KYC, a bank account can be opened with just one address proof, which can be either permanent or local.
c) All scheduled commercial banks to deploy only “talking ATMs” starting 1 July.
d) all of these.

1. B. GPS-Aided Geo Augmented Navigation (GAGAN)
2. A.
3. D.
4. C.
5. E.
6. A. Other being ‘Fault Lines: How Hidden Fractures Still Threaten the World Economy’.
7. D.
8. E.
9. D.
10. B.
11. A.
12. D.