Practice Question and Answer
8 Q: Who was the founder of Bank of Baroda?
942 061b74f287fd9195ddf2d13b8
61b74f287fd9195ddf2d13b8- 1Maharaja Sayajirao IIfalse
- 2Maharaja Bajirao-IIItrue
- 3P. karamchandrafalse
- 4Maharaj Chhatrasalfalse
- 5None of thesefalse
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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 061824f0ce9ec4a6710563d63
61824f0ce9ec4a6710563d63- 1State Bank of Indiafalse
- 2Bank of Indiafalse
- 3Punjab National Banktrue
- 4Bank of Barodafalse
- 5IDBI Bankfalse
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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?
831 0618234e0d1d2fd61946efb22
618234e0d1d2fd61946efb22- 1S Venkitaramanfalse
- 2G. Ambegaokarfalse
- 3Yeshwant M. Deosthaleetrue
- 4R S Gujralfalse
- 5S R Raofalse
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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_____.
906 0611245fd88e0566940a2af54
611245fd88e0566940a2af54- 11991false
- 21997false
- 32002true
- 42007false
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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?
763 062e3b4ff723ac56e88648649
62e3b4ff723ac56e88648649- 1Finance Ministrytrue
- 2Ministry of Consumer Affairs, Food and Public Distributionfalse
- 3Ministry of Human Resource Developmentfalse
- 4Ministry of Parliamentary Affairsfalse
- 5Ministry of Commerce and Industryfalse
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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 15fe2e3034c864b4aa0e43f83
5fe2e3034c864b4aa0e43f83- 12002false
- 22006true
- 32004false
- 42008false
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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 0609a66adf738a51c29ae29b0
609a66adf738a51c29ae29b0- 1Lal Bahadur Shastritrue
- 2Chandrashekhar Azadfalse
- 3Charan Singhfalse
- 4Bhagat Singhfalse
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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 06093917d6481f36316ea3eaf
6093917d6481f36316ea3eaf- 1West Bengalfalse
- 2Himachal Pradeshtrue
- 3Madhya Pradeshfalse
- 4Andhra Pradeshfalse
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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.