2015-07-24

Previous Year Exam Questions on Economy:

Have look on various examination question asked from economy section in different competitive examination held in last years through the country.

No

Question

Answer

Exam Name

Held On

Question From

1

As consumer banking funds are on the rise , a Reserve Bank of India (RBI) group has suggested the use of PKI in order to regulate payment system in the country The abbreviation PKI stands for?[A]Public Key Inf- rastructure[B]Personnel Key Inf- rastructure[C]Private Key Inf- rastructure

[D]Per Key Infrastructure

[E]Proprietary Key Inf- rastructure

A

SBI Probationary Officer Online Exam

28–06–2014

February

2

RBI issued the permission to Muthoot finance to set up—-?

White label ATM

IBPS-PO

18–10–2014(FN)

February

3

What was the number of PSBs(Public Sector Banks)in India as of 31 March 2014?[A] 21[B] 24[C]26

[D]28

[E]32

C

IDBI Exam

22–08–2014

March

4

Which of the following public sector bank is the first bank to launch “cardless cash” withdrawals from “ATMs” by march 2014?

Bank of India

IBPS PO

2–11–2014

March

5

What was the amount of allocation made by Union Finance Minister Arun Jaitley for the Welfare Scheduled Caste People(SCs) in the Budget 2014-15?[A] Rs. 50,548.16 crore[B] Rs. 43,208.08 crore[C] Rs. 26,714.96 crore

[D] Rs. 32,386.84 crore

[E] Rs. 48,401 crore

A

IBPS RRBs Scale-ICWE

06–09–2014

March

6

RBI given Banking licence to IDFC and which bank?

Bandhan

IBPS-PO

19–10–2014(FN)

April

7

The Reserve Bank of India recently issued guidelines allowing minors over 10 years of age to operate bank accounts independently with a view to?[A] Promote financial inclusion[B] Increase low cost deposit of banks[C] Improve CASA percentage of banks

[D] Mobilise Saving bank Deposit of banks

[E] To put ATMs and other infrastructure to optimum use

A

SBI Probationary Officer Online Exam

28–06–2014

May

8

RBI recently allowed banks to provide loans with tenures of upto 10 years for exports. Earlier norms allowed banks to give loans upto–?

1Year

IBPS PO

2–11–2014(AN)

May

9

The RBI recently allowed minors above the age of—to open and operate savings bank accounts?[A] 8 Years[B] 10 Years[C]12 Years

[D] 14 Years

[E] 16 Years

B

IBPS RRBs Scale-ICWE

06–09–2014

May

10

The Reserve Bank of India (RBI) has set a minimum paid-up capital of ——-crore for those who wish to set up payments and small banks?

Rs.100

IBPS-PO

12–10–2014(FN)

July

11

The leaders of Brazil, Russia, India, China and South Africa (otherwise known as the BRICS) launched a development bank on 17 July 2014.What is the name of the Bank?

New Development Bank

IBPS-PO

12–10–2014(FN)

July

12

Which of the following information technology companies recently be came the first Indian firm to cross Rs 5 lakh crore market capitalization?[A] TCS[B] Infosys[C] Wipro

[D] HCL Technologies

[E] Tech Mahindra

A

IBPS RRBs Scale-ICWE

06–09–2014

July

13

What is the benefit of Jan Dhan Yojana Account?

Overdraft Loan in Bank Account

IBPS-PO

19–10–2014(FN)

August

14

RBI increased PPF limit from 1 lakh to how many lakhs?

1.5 lakh

IBPS-PO

18–10–2014(FN)

August

15

Insurance Cover in Pradhana Mantri Jan Dhan Yojna is?

Rs.30,000

IBPS-PO

12–10–2014(FN)

August

16

Which car’s company recently insisted by RBI to mandate a two step mobile authentication for e-commerce?

Car rental company-UBER

IBPS-PO

12–10–2014(FN)

August

17

According to third bi-monthly credit policy review held on 5th August 2014, how much percent of rapo rate fixed by RBI?

8%

IBPS-PO

12–10–2014(FN)

August

18

RBI limited ATM facility on 5 cities, who are not come under this term?

BSBDA account holder

IBPS-PO

12–10–2014(FN)

August

19

The Reserve Bank of India recently proposed “anytime anywhere “ bill payment system.With reference to it , which of the following statement is correct?[A] The Centralized bill payments infrastructure will consist of two types of entitiesB] It will function as a tiered structure for operating the bill payment system[C] It will be known as Indian Bill Payment System(IBPS)

[D] Both 1 and 2

[E] Both 2 and 3

D

IBPS RRBs Scale-ICWE

06–09–2014

August

20

Which bank launched the “Smart Star “ account , a saving bank account for minors above 10 years?

ICICI bank

IBPS-PO

19–10–2014(FN)

September

21

Who will be administered by the “Varishtha Pension Bima Yojana” scheme?

LIC

IBPS-PO

19–10–2014(FN)

September

22

Which Bank celebrated 150 years of its operations in Sri Lanka?

SBI

IBPS-PO

18–10–2014(AN)

September

23

State Bank of India launches two new savings bank products for minor children upto the age of 18 years. What are they?

Pehla Kadam & Pehli Udaan

IBPS-PO

12–10–2014(FN)

September

24

On 10th September 2014,Govt going to sell stake in 3 PSU, one of them is?

ONGC

IBPS-PO

12–10–2014(FN)

September

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