General Awareness MCQ Questions and Answers
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Q1
Which of the following is/are the objective(s) of Free Trade Agreement, India has done with many countries ?
1. To provide support to entrepreneurs for setting up new projects in tiny/SSI sector.
2. For undertaking expansion of business.
3. To support technology up-gradation.
Answer: Option C
Q2
One single statement that depicts the financial position of a bank and/or business enterprise at a given point of time is called-
Answer: Option C
Q3
Banks borrow money from the RBI on which of the following rates ?
Answer: Option B
Q4
The Reverse mortgage scheme is launched to give benefit to which of the following groups of society ?
Answer: Option B
Q5
What does the letter ‘M’ depict in the term SME as used in the financial world ?
Answer: Option B
Q6
One of the major challenges banking industry is facing these days is deliberate efforts of some people to bring money earned through illegal activities in circulation. Which of the following acts is passed to prevent this activity ?
Answer: Option
Q7
Which of the following organizations provides guarantee to the exporters ?
Answer: Option B
Q8
Which of the following terms is not used in Banking World ?
Answer: Option
Q9
What is the full form of IRR as used in banking/financial sectors ?
Answer: Option A
Q10
Which of the following organisations provides credit history of the borrowers ?
(A) CIBIL
Answer: Option A