General awareness- 2012 Practice Test 44 FOR IBPS PO EXAM

1. Which of the following is a Rural Bank ?
A. Haryana State Cooperative apex bank limited
B. Sindhanur urban souharda co-operative bank
C. Saptagiri Grameena Bank
D. All of the above
E. None


2. A commercial bill arises out of bonafide commercial or trade transaction .it should be drawn on and payable in India and mature within
A. 90 days from the date of purchase or discount
B. 60 days from the date of purchase or discount
C. 180 days from the date of purchase or discount
D. All of these
E. None


3. If the bill arises out of transaction relating to export of goods from india the period of maturity may be
A. 120 days
B. 180 days
C. 360 days
D. 90 days
E. None


4. Bill for financing agricultural operations should be drawn or issued for the purpose of financing seasonal agricultural operations or the marketing of crops and mature within
A. 3 months
B. 6 months
C. One year
D. 15 months
E. None


5. To encourage the practice rediscounting of bills, the Reserve bank introduced the bills rediscounting scheme with effect from
A. November 1 ,1971
B. November 2,1971december 6,1974
C. January 1 ,1975
D. None


6. The structure of Land development banks is unitary operative directly through their own branches at the district level in the state of
A. Gujarat
B. Jammu And Kashmir
C. Uttar Pradesh
D. All of the above
E. None


7. The land development banks meet the requirements of the farmers for
A. Provision of equipment like pumpsets ,tractors and machinery
B. Land improvement in the form of levelling ,bundling ,reclamation of land etc..
C. Sinking of new wells and repairs to old wells
D. All of the above
E. None


8. The central Land Development banks raised their resources by floating debentures in the market .these debentured carry the guarantee of the state government and subscribed by the
A. Commercial Banks
B. Life insurance corporation
C. Central and state governments
D. All of thes
E. None


9. The Land development bank secure short term accommodation from the
A. State governments
B. Commercial Banks
C. State co-operative banks
D. All of the above
E. None


10. Industrial Development bank of India was set up in
A. 1952
B. 1956
C. 1964
D. 1970
E. None


11. IDBI was delinked from Reserve Bank of India on
A. 16th February 1976
B. 15th March 1978
C. 31st March 1980
D. 1st April 1984
E. None


12. When did IDBI introduced equipment finance scheme ,wherein foreign currency loans are made available to industrial concerns for import of capital goods and equipment not related to any specific project ?
A. 1970
B. 1978
C. 1984
D. 1989
E. None


13. Industrial development Bank of India subscribes share and bonds of
A. SFCs
B. SIDCs
C. National small industrial corporation LTD
D. All of the above
E. None


14. The IDBI was wholly owned by the Government of India till
A. 1990-91
B. 1995-96
C. 2000-01
D. 2003-04
E. None


15. The Industrial Development Bank India raises the bulk of its funds from
A. Market borrowings by way of bonds
B. The borrowings out of national industrial credit funds of the reserve Bank
C. Foreign currencies by way of loans and private placement of its bonds in foreign capital markets
D. All of the above
E. None