banking awareness for ibps rrb cwe 3 clerk exam 2014

1.Which of the following is a correct statement?
[A]Service tax is a direct tax levied by the Central Government
[B]Service tax is an indirect tax levied by the central Government
[C]Service tax is a/an indirect tax levied by the State Government
[D]Service tax is a/an direct tax levied by the State Government



2.Every year 2 Lakh school children in the group of 10-15 years studying in government or non-government schools are given the INSPIRE awards aimed at fostering science leaders of tomorrow.what is the expanded form of INSPIRE
[A]Innovation and Science Pursuit for Inspired Research
[B]Initiative for Science Pursuit and Inspired Research
[C]Innovative and Scientific Performance for Inspired Research
[D]Innovative and Scientific Pursuit for Inspired Research


3.Which of the following acts was enacted to help the government manage its budgeted finance and fiscal deficit?
[A]Banking Regulation Act
[B]Negotiable Instrument Act
[C]Fiscal Responsibility and Budget Management Act
[D]Foreign Exchange Management Act


4.The Government and the RBI are making all efforts to provide banking facilities to all villages in the country. THis effort is a part of which of the following.?
[A]PURA
[B]Pradhan Mantri Swarojgar Yojna
[C]Financial Inclusion
[D]None of these


5.Which of the following schemes has been launched by the Ministry of Human Resource Development?
[A]Mid Day Meal Scheme
[B]Janani Suraksha Yojana
[C]Indira awaas Yojana
[D]Mahatma Gandhi National Rural Emplyment Gurantee Act


6.Which of the following banks has launched 'Mobicash Easy', a mobile wallet in Mumbai and Delhi?
[A]Reserve Bank of India
[B]State Bank of India
[C]Bank of India
[D]Indian Bank

7.The World Bank International Finance Corporation (IFC) study titled'Doing Business 2013' that tracks 185 countries in terms of ease of doing business on 10 parameters was released in 2012.On which parameter?
[1]Registering Property
[2]Getting Credit
[3]Protecting Investors
[4]Resolving Insolvency


8.The CTS-2010 Standards made compulsory by the RBI from April 1,2013 refer to which of the following?
[A]Cheque Tracking System
[B]Cheque Truncation System
[C]Cheque Transaction System
[D]Cheque Testing System


9.Service Tax Act/rules has provided exemption to small service providers from service tax up to aggregate value of taxable services provided up to how much in a financial year?
[A]Rs.1 Lakh
[B]Rs.2.5 Lakh
[C]Rs.10 Lakh
[D]Rs.5 Lakh


10.United Nations secretary general Bank Ki-Moon has announced that every year10 November will be celebrated as?
[A]Earth Day
[B]Jobs Day
[C]Malala Day
[D]Wilmut Day


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