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GK for Banking Examinations Practice Questions part-4

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Important current affairs and Gk questions for Bank exams, IBPS, SBI and all other finance industy exams

General Knowledge; Current Affairs with special reference to the Banking and Finance Industry of India for IBPS Banking , RBI, SBI and other Banking Recruitment Examinations of 2013 and 2014.If you like the post kindly give rating.

65. In context with the “Aam Admi Bima Yojana” consider the following statements:
1. The scheme has been launched for landless households of rural as well as urban areas of the country
2. The insured person has to pay a nominal premium to avail benefits under this scheme
3. The “Premium Fund” of this scheme is managed by LIC of India
4. The scheme is not available to senior citizens
Which among the above is/ are correct statements?
[A]Only 1, 2 & 3
[B]Only 3 & 4
[C]Only 2, 3, & 4
[D]1, 2, 3 & 4




Answer-
Only 3 & 4



66. In which year, the Forward Contracts (Regulation) Act was enacted in India?
[A]1950
[B]1952
[C]1962
[D] 1975




Answer-
1952


67. Which among the following is the regulator of the commodity market in India?
[A]NCDEX
[B]SEBI
[C]Forward Market Commission
[D] MCX




Answer-
Forward Market Commission


68. What is the average annual growth target of 12th Five Year Plan?
[A]7.6 per cent
[B]7.8 per cent
[C]8 per cent
[D]8.2 per cent




Answer-
8 per cent


69. Projects with a minimum of which amount are tracked by National Manufacturing Competitiveness Council?
[A]Rs. 500 crore
[B]Rs. 1,000 crore
[C]Rs. 1,500 crore
[D]Rs. 2,000 crore




Answer-
Rs. 1,000 crore and above


70. The largest coal producing state in India in 2010-11 was __:
[A]Andhra Pradesh
[B]Odisha
[C]Jharkhand
[D]Madhya Pradesh




Answer-
Jharkhand


71. Who heads the National Ministerial Committee under the Architecture for Cash Transfers?
[A]Prime Minister of India
[B]Finance Minister
[C]Food and Consumer Affairs Minister
[D]Deputy Chairman, Planning Commission




Answer-
Prime Minister of India



72. The population data of which year is used for sharing Central tax revenues with States?
[A]1971
[B]1981
[C]1991
[D]2001




Answer-
1971


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