BANKING AWARENESS PRACTICE MCQs FOR ALL BANK EXAMS 2016

1. What is the minimum capital requirement for New Banks in the Private Sector?

a) Rs. 200 crore
b) Rs. 300 crore
c) Rs. 500 crore
d) Rs. 600 crore
e) None of these

2. Many times we read a term "ECB" in financial newspapers. What is the full form of ECB?
a) Essential Commercial Borrowing
b) Essential Credit and Borrowing
c) External Credit and Business
d) External Commercial Borrowing
e) None of the above

3. Which among the following banks has launched "Dhanchayat" an educational film to raise awareness on the dangers of borrowing money from unorganised sources?
a) Axis 
b) ICICI
c) HDFC 
d) SBI
e) YES

Some of the Committees & their Functions

1.Abid Hussain Committee--On Small Scale Industries

2.Aditya Puri CommitteeReforms Relating --To Non Banking Financial Companies (NFBC)

3.Anil Kaushal committee--To examine the recommendations made by the TRAI ---on pricing of Spectrum.

4.Arvind Mayaram Panel--Report on the alleged irregularities at the National Spot Exchange Ltd (NSEL)

5.Arvind Mayaram CommitteeTo give clear definitions to Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII)

6.Athreya Committee--Restructuring Of IDBI

7.Basel Committee--For the Banking Supervision

Books & Their Authors

1. Transcendence: My Spiritual Experiences with Pramukh Swamiji written by Abdul Kalam.
2. The Kumbh Mela: Mapping the Ephemeral Megacity authored by Tarun Khanna released by Akhilesh yadav
3. The Vice President of India Shri M. Hamid Ansari released a book entitled Locale, Everyday Islam and Modernity authored by Shri M. Raisur Rahman.
4. Green Signals: Ecology, Growth, and Democracy in India written by Jairam Ramesh.
5. Anuradha Roy‘s 'Sleeping on Jupiter' shortlisted for Man Booker Prize.
6. R.D. Burman: The Prince of Music written by Khagesh Dev Burman
7. Igniting minds: Kalam‘s books fly off the shelves
8. Book titled Transcendence: My Spiritual Experiences with Pramukh Swamiji authored by former President Dr APJ Abdul Kalam and Arun Tiwari was released.
9. Book titled Dealing with China: An Insider Unmasks the New Economic Superpower authored by Henry M. Paulson was released.
10. The book Beyond Doubt: A Dossier on Gandhi's Assassination was compiled and introduced by Indian civil rights activist Teesta Setalvad and published by Tulika Books.

LIST OF WORLD COUNTRIES & THEIR CAPITAL

A
Afghanistan - Kabul
Albania - Tirana
Algeria - Algiers
Andorra - Andorra la Vella
Angola - Luanda
Antigua & Barbuda - Saint John's
Argentina - Buenos Aires
Armenia - Yerevan
Australia - Canberra
Austria - Vienna
Azerbaijan - Baku

Important Currencies

A
Afghanistan -- Afghan Afghani
Argentina -- Peso
Australia --- Dollar
Austria ---European euro

B
Bangladesh--- Taka
Bhutan ---- Ngultrum
Brazil --- Real

International Terrorism Group

1.BOKO HARAM:
A militant Islamist group in Nigeria, this group is known to receive funding from Al-Qaeda.Boko Haram had recently been in the news for the abduction of around 200 Nigerian girls.

2.ISIS:
The Islamic State of Iraq and Syria is a Sunni jihadist group based in the Middle-East. With an aspiration to mobilize the majority of the Muslim population under its control, the ISIS has their stronghold in Iraq, Syria, Palestine, etc.

Agricultural Seasons in India

1. The Kharif Season:
Crops are sown at the beginning of south-west monsoon and harvested at the end of the south-west monsoon.
Sowing Season: May to July.
Harvesting Season : September to October.
Important Crops: Jowar, Bajra, Rice, Maize, Cotton, Groundnut, Jute, Hemp, Tobacco etc.