The practice set on General Awareness was designed to enable students preparing for clerk recruitment exams of different banks to prepare in a more systematic manner. The practice question set also provides answers to the questions so that candidates can check for themselves their level of preparation.
1. Which of the following terms is used in the field of finance and banking?
(A) Metabolism
(B) Genetic process
(C) Centrifugal force
(D) Debt instrument
(E) Experimental Error
2. The National Social Security Fund (NSSF) launched with a corpus of ~ 1000 crore will help which of the following groups of society?
(A) Bank Employees
(B) Central & State Government Employees
(C) Workers of the unorganized sectors
(D) War widows
(E) Women employees engaged in textile industry
3. Which of the following tools is used frequently by the RBI to control credit and monetary situations of the markets in the country?
(A) Cash Reserve Ratio (CRR)
(B) Real Time Gross Settlement (RTGS)
(C) Balance of Trade
(D) Forward Rate Agreements
(E) Electronic Clearing Service
4. What is the full form of the term 'PDS' which is a channel of distribution of foodgrains and other essentials to poor people on subsidized rates?
(A) Public Distribution System
(B) Potential Development System
(C) Profitable Distribution Source
(D) Public Development Syndication
(E) Public Distribution Stores
5. Which of the following is one of the core functions of the Reserve Bank of India?
(A) To act as Tax collector of the Govt. of India
(B) Work as Banker to the Banks
(C) Help in finalization of the Union Budget
(D) Participate in annual meetings of the various financial institutes world wide
(A) Metabolism
(B) Genetic process
(C) Centrifugal force
(D) Debt instrument
(E) Experimental Error
2. The National Social Security Fund (NSSF) launched with a corpus of ~ 1000 crore will help which of the following groups of society?
(A) Bank Employees
(B) Central & State Government Employees
(C) Workers of the unorganized sectors
(D) War widows
(E) Women employees engaged in textile industry
3. Which of the following tools is used frequently by the RBI to control credit and monetary situations of the markets in the country?
(A) Cash Reserve Ratio (CRR)
(B) Real Time Gross Settlement (RTGS)
(C) Balance of Trade
(D) Forward Rate Agreements
(E) Electronic Clearing Service
4. What is the full form of the term 'PDS' which is a channel of distribution of foodgrains and other essentials to poor people on subsidized rates?
(A) Public Distribution System
(B) Potential Development System
(C) Profitable Distribution Source
(D) Public Development Syndication
(E) Public Distribution Stores
5. Which of the following is one of the core functions of the Reserve Bank of India?
(A) To act as Tax collector of the Govt. of India
(B) Work as Banker to the Banks
(C) Help in finalization of the Union Budget
(D) Participate in annual meetings of the various financial institutes world wide
(E) None of these
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