Practice Question and Answer

Q:

Who was the founder of Bank of Baroda?

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  • 1
    Maharaja Sayajirao II
    Correct
    Wrong
  • 2
    Maharaja Bajirao-III
    Correct
    Wrong
  • 3
    P. karamchandra
    Correct
    Wrong
  • 4
    Maharaj Chhatrasal
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Maharaja Bajirao-III"
Explanation :

The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded Bank of Baroda on 20 July 1908 in the Princely State of Baroda, in Gujarat. This year, it's our 116th Foundation Day, and we've so many reasons to celebrate and cherish our journey so far.

Q:

Which of the following banks got the top spot among the PSU banks in the digital transactions as per the report published by the Department of Financial Services?

879 0

  • 1
    State Bank of India
    Correct
    Wrong
  • 2
    Bank of India
    Correct
    Wrong
  • 3
    Punjab National Bank
    Correct
    Wrong
  • 4
    Bank of Baroda
    Correct
    Wrong
  • 5
    IDBI Bank
    Correct
    Wrong
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Answer : 3. "Punjab National Bank"
Explanation :

State Bank of India (SBI) and its associate banks and other commercial banks such as Central Bank of India, Bank of India, Punjab National Bank and various regional rural banks are some examples of public sector commercial banks.


Q:

Who among the following is associated as a head with the Highlevel Task Force on Public Credit Registry (PCR) formed by the Reserve Bank of India?

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  • 1
    S Venkitaraman
    Correct
    Wrong
  • 2
    G. Ambegaokar
    Correct
    Wrong
  • 3
    Yeshwant M. Deosthalee
    Correct
    Wrong
  • 4
    R S Gujral
    Correct
    Wrong
  • 5
    S R Rao
    Correct
    Wrong
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Answer : 3. "Yeshwant M. Deosthalee"
Explanation :

High Level Task Force Report Summary Public Credit Registry for India. The Reserve Bank of India (RBI) had constituted a High Level Task Force (Chair: Mr. Y. M. Deosthalee) to assess the need and scope of setting up a Public Credit Registry in India.

Q:

FEMA (Foreign Exchange Management Act) was finally implemented in the year_____.

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  • 1
    1991
    Correct
    Wrong
  • 2
    1997
    Correct
    Wrong
  • 3
    2002
    Correct
    Wrong
  • 4
    2007
    Correct
    Wrong
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Answer : 3. "2002"
Explanation :

Foreign Exchange Management Act, 1999 (FEMA) came into force by an act of Parliament. It was enacted on 29 December 1999.

Q:

Which of the following ministry has Launched Mobile Application “ Jan Dhan Darshak” as A Part of Financial Inclusion?

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  • 1
    Finance Ministry
    Correct
    Wrong
  • 2
    Ministry of Consumer Affairs, Food and Public Distribution
    Correct
    Wrong
  • 3
    Ministry of Human Resource Development
    Correct
    Wrong
  • 4
    Ministry of Parliamentary Affairs
    Correct
    Wrong
  • 5
    Ministry of Commerce and Industry
    Correct
    Wrong
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Answer : 1. "Finance Ministry"
Explanation :

Department of Financial Services (DFS), Ministry of Finance and National Informatics Centre (NIC) has jointly developed a mobile app called Jan Dhan Darshak as a part of financial inclusion (FI) initiative .

Q:

The Micro, Small and Medium Enterprises Development Act was passed in the year ____.    

909 1

  • 1
    2002
    Correct
    Wrong
  • 2
    2006
    Correct
    Wrong
  • 3
    2004
    Correct
    Wrong
  • 4
    2008
    Correct
    Wrong
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Answer : 2. "2006"
Explanation :

Notification for enforcement of MSME Act, 2006, The Provisions of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006) shall come into force from 2nd October, 2006.

Q:

Jai Jawan, Jai Kisan who gave this slogan?

1075 0

  • 1
    Lal Bahadur Shastri
    Correct
    Wrong
  • 2
    Chandrashekhar Azad
    Correct
    Wrong
  • 3
    Charan Singh
    Correct
    Wrong
  • 4
    Bhagat Singh
    Correct
    Wrong
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Answer : 1. "Lal Bahadur Shastri"
Explanation :

The Second Prime Minister of India, Lal Bahadur Shastri first gave the slogan “Jai Jawan Jai Kisan” in the year 1965 at the Ramlila Maidan in Delhi while giving a speech in a public gathering.

Q:

Tagore Centre for the Study of Culture and Civilization is located in __________.

993 0

  • 1
    West Bengal
    Correct
    Wrong
  • 2
    Himachal Pradesh
    Correct
    Wrong
  • 3
    Madhya Pradesh
    Correct
    Wrong
  • 4
    Andhra Pradesh
    Correct
    Wrong
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Answer : 2. "Himachal Pradesh "
Explanation :

The correct answer is Himachal Pradesh. Former President Pranab Mukherjee inaugurated the Tagore Centre for the Study of Culture and Civilization at Indian Institute of Advanced Studies (IIAS) in Shimla and also addressed the first Rabindranath Tagore Memorial Lecture.


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