banking awareness for sbi associate clerk exams 24,25 jan 2015

• HDFC  Bank  has started  sending PIN, unique code number for debit card holders through SMS instead of sending by post.
• which bank has celebrated its 80th Foundation Day? Bank of Maharashtra

Banking awareness questions for ibps clerk 2014

•    International Day for  Tolerance- 16 Nov
•    The winner of  the 50th  edition of the Indian Open golf tournament- Mohammad Siddikur
•    The person whose autobiography ‘Smart Trekk’ was unveiled recently- Magnus carlsen
•    The income exempted from income tax as per the prevailing rules in India- Agricultural Income
•    The winners of gold medal in air pistol category in the ISSF  World Cup Final- Heena Sidhu 

•    The investigation agency of India that completed fifty years in operation recently- Central Bureau of Investigation(CBI)

•    The name of India’s  Interplanetary mission to Mars- Mangalayaan
•    The assistance announced by the prime Minister for the Phailin affected states of AP and Odisha-  Rs.1,000 cr each
•    The reverse mortgage scheme floated by banks is related to- Senior citizens
•    The place where a year-long celebration to mark the 150th  birth anniversary of  the Assamese literature pioneer Lakshminath Bezbruah kick started recently- New Delhi
v> •    The team to which  women’s hockey team of India lost in the final of the Asian Championships in new Delhi recently- Japan
•    The country hit by the super typhoon ’Haiyan’, which killed at least 10,000 people- The  Philippines
•    The country which topped the recently launched 2013 World Prosperity Index- Norway
•    The amount with which the govt has approved the launch of a new IPDS scheme for textile sector in the 12th plan- Rs. 500 cr
•    India’s Rank in the 2013 World Prosperity Index-106
•    The Naval exercise conducted between the navies of India and the US recently- Malabar exercise
•    International Day of Rural Women- 15 Oct
•    The person known as the father of  IBM  personal computer who died recently- William C Lowe
•    The first country in south  Asia to approve the cultivation of genetically modified food crops with the approval of commercial cultivation of transgenic BT brinjal- Bangladesh
•    The Indian mobile operator which has started offering Apple’s iPhone  5s and iPhone  5c phones at monthly installments with free unlimited  calls and data usages- Reliance Communications
•    The first female managing director of the LIC of India appointed recently- Usha  Sangwan
Banking awareness questions for ibps clerk 2014 , gk for ibps po exam 2014, ibps rrb clerk exam general awareness questions 2014

General awareness questions for ibps rrb clerk exam 2014

o    Mexico has announced to award its 2013 International Prize for equality and Non- Discrimination to- Malala Yousufzai

o    The 22nd Chief justice of Madhya Pradesh High Court appointed recently- Justice Ajay Manikrao Khanwilkar

o    The country which has emerged as the most attractive investment destination in the world- India

o    The winner of  the Formula One season-ending Brazilian Grand Prix- Sebastian Vettel

o    The country which India donated 2,500 metric tonnes of wheat recently-Yemen

o    The country where the 4th edition of the biennial BRICKS International Competition Conferences would be held- 19 Nov

o    The Indian batsman who became the fastest batsman to reach the 5000 run mark in am cricket recently- Virat Kohli

o    National Education day- 11 Nov

o    The new penalty fixed by the DoT for companies whose mobile towers be found violating  radiation emission levels- Rs. 10 lakh

o    The cyclone which hit the coastline of Andhra Pradesh recently- Helen

o    The country where two-day biennial BRICS International Competition Conference was organized recently- India

o    The Tehelka editor who is facing rape charge-  Tarun Tejpal

o    The country that offered 6 oil and gas blocks to India’s ONGC videsh Ltd without bidding in South China sea- Vietnam

o    The country ranked on the top spot  in the Financial Secrecy index(FSI)- Switzerland

o    The actress conferred with the ‘Centenary Award for Indian film Personality of the Year’ at the International Film Festival of  India  2013

recently – Waheeda Rehman 

o    The percentage of Indian population that defecates in open according to recent report by the World  Bank- 53 Percent

o    ‘The company that emerged as India’s top-notch brand in banking and financial services industry(BFSI) category- LIC of  India

o    The country with which India signed an accord for mutual recognition of educational qualifications recently- Mauritius

o    The 23rd Commonwealth Heads of Government Meeting(CHOGM) will be held in  2015 in- Malta

o    The rate at which the reserve bank of  India has directed PSBs to provide credit to women SHGs- 7 % pa

o    The first CMD of the recently launched Bharatiya Mahila Bank- Usha  Ananthasubramanian

o    The rate at which Paris-based  OECD has pegged Indian Economy to grow  in the current financial year on market prices- 3.4 percent

o    The person who has been conferred with the European Union’s (EU) prestigious Sakharov Prize 2013- Malala Yousufzai

o    The Nobel laureate British Scientist, Known as ‘ The father of Genomics’, who died recently- FreerickSanger

o    The countries between whom the Ashes cricket tournament is played- England and Australia

o    The article of the Indian Constitution belonging to Andhra Pradesh that needs to be amended to make way for the bifurcation of the state- Article 371(D)

o    The award of the coveted Indira Gandhi Prize for Peace, Disarmament and Development for 2013- Angela Merkel

o    The present president of Haiti- Miclrel Martelly

o    The completely refurbished 44,500- tonne carrier Admiral Gorshkov Commissioned into the Indian Navy recently- INS Vikramaditya

o     The National Integration  day is observed  every year on the birth of the first woman Prime minister of India, Indira Gandhi, On- 19 Nov

o    The Indian-American nominated by the Us President  Barack Obama for the post of Sugeon general- Vivek  Murthy

o    The New President of  Maldives- Yameen Abdul Gayoom

o    The person conferred with the ‘International  Indian of the Decade’ award recently- Lord Paul

o    The country where two volcanoes, Mount Sinabung and Merapi, Erupted recently- Indonesia

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Latest awards useful for ibps rrb clerk and po exam 2014

Latest award winners list useful for ibps rrb clerk and po exams 2014. List of award winners for ibps clerks and ibps po exams, Latest awards list for SBI associate PO exam 2014

• Major Mathematics  Award(IMU)                           ---  Manjul Bhargav, Subhash Khot(India)
• AIMA Business leader of the Year award                                                       ------- Adi Godrej
• Prem Bhatiya Award                                                                                         ----  Smith Gupta
• Copley Medal                                                                                         ----------Sir Alec Jiffreys
• Gandhi Peace Prize                                                                        ------- Chandi Prasad Bhatt
• Core Banking system Initiative award                                   ----Bharathiya Mahila Bank Ltd
• Sangitha Kalanidhi award                                                               --------T.V. Gopala Krishna
• Best City Award                                                                                             -----Kochin (India)
• Pulitzer Prize                                                                                           ----------Vijay Seshadri
• Rajiv Gandhi  Sadbhavna Award                                                                       --Muzaffer  Ali
• Best Bank public sector bank                                                   ----- State bank of Maharastra
• Skoch Award                                                                                             -------------UCO Bank
• World Food Prize                                                                          ------------- Sanjaya  Rajaram
• Pen Pinter Prize                                                                                    ---------Salman Rushdie
• Jnapith Award                                                                                   ------------ Kedarnath Singh
• Moorthide Award                                                                                  ------- C Radha Krishnan
• Vyas Smman Award                                                                      -------------Viswanath tripathi
• Global Indian Award                                                                         -----------R Narayan Murthy
• Indian Global  Icon Award                                                              ------------ Amithab Bachhan
• Templeton Prize                                                                                    ------------- Thomas Halik
• Liberty Medal                                                                              ---------------- Malala Yousufzai
• Walter Scott prize                                                                                        ------Tan Twan Eng
• Gro Harleem Brudatlad Award                                             ------------ Tang Prize Foundation
• UNWTO Ulysses Prize                                                                       -----------Dr. Tej Vir Singh
• World Street Food Congress                                       ----Ashok Shaw and Vijay Chaudhary
• DSC Prize                                                                                                       ------ Cyrus Mistry
• Femina Miss India                                                                                --------- Ms. Koyal Rana  
•   Green Nobel( Golden Environmental Prize)                                          --- Ramesh Agarwal
• Young Player Award                                                                                   -------------- Vijay Zol
• International Ashden Award                                                                                 ---------Infosys
• Golden Peacock Award                  --- Technopark Technology Business Incubation(T-TBI)
• Baileys Women’s Prize                                                       -------------Jumpa Lahiri’s Lowland
• BAFTA Award                                                                                     ----12 Years A Slave film
• Navaratna Award                                                ------------ Hinduastan Aeronautics Ltd (HAL)
• GD Birla Award                                                                                    ------Rajesh Gopa kumar
• Ramanujan  Mathematics Award                                                              -------- Anand Kumar
• Matrix Award                                                                                                 ----- Queen Lathifah
• Pritzker Prize                                                                                                 ----Shigeru ban
  
• Snooker’s Player of year 2014                                                                           ----- O’ Sullivan
• Rotary Highest Award                                                         -------President Pranab Mukherjee
• Gallup Work Place                                                                                 ---------Apollo Hospitals
• Protein Science Young  Investigator Award                                               ------- Madan Babu

General awareness for sbi associate po exam 2014

o The North Atlantic Treaty Organization (NATO) is head quartered at Brussels.
o India is expected to become the World’s second largest producer of crude steel by 2015.
o Australia won the inaugural Hockey World league held recently in New Delhi.

o Trident Group has successfully launched the Aadhaar linked disbursal of salary to its employees leveraging Aadhaar Payment Bridge (APB) in 2014.
o Wild Flowers of India is the theme of India Post 2014 calendar released by the department of Posts, Ministry of communications and Information Technology.
o Awami League Party gained majority in the 10th parliamentary elections held recently in recent past in Bangladesh.
o Name the mascot for the 2014 Asian Games held at Incheon, South Korea? ------------ Seal.
o Kanpur city in India popularly called as the Manchester of the EAST turns 211 years in March 2014.
o The RBI and Bank of Japan recently agreed to expand the amount of the Bilateral Swap Agreement (BSA) to 50 bn US dollars.
o Sampat Pal Devi activist and founder of Gulabi Gang the extraordinary women’s movement in the Banda district of Uttar Pradesh.

o Recently the United Nations Educational Scientific and Cultural Organisation (UNESCO) had declared Nicobar Islands as a world biosphere reserve under its Man and the Biosphere Programme.
o China and US countries recently agreed mutually to hold high level, regular negotiations on setting standards for the commercial spying as well as cyber security.

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Banking awareness for ibps rrb cwe 3 2014 clerks

1.The United Nations Organization declared 2016 as the?
[A]International year of Rice
[B]International year of Pulses
[C]International year of Potato
[D]International year of Forests

2.Which of the following is the main base for calculation of dearness Allowance for the government employees?

[A]National Income
[B]Per capita Income
[C]Consumer Price Index
[D]Standard of Living

3.'Fornit'is the currency of which of the following countries?
[A]suriname
[B]Iceland
[C]Hungary
[D]Croatia

4.AERB function in which of the following areas?
[A]Renewable energy
[B]Nuclear energy
[C]Control of chit fund companies
[D]Prevention of drug trafficking

5. 'Special Drawing Rights'(SRD) is an international reserve asset created by the International Monetary Fund in?
[A]1969
[B]1944
[C]1945
[D]1965

6.Which of the following is India's first color film?
[A]Mother India
[B]Kisan Kanya
[C]Alam Ara
[D]Raja Harischandra

7.A loan that is provided by a group of banks is called?
[1]Mortgage loan
[2]Syndicate loan
[3]Secured loan
[4]Personal loan

8.Which Treaty led to the creation of "Euro" Currency?
[A]Vienna Treaty
[B]Maastricht treaty
[c]Plaza treaty
[D]Paris treaty

9.Asset Reconstruction Companies in India are related to?
[A]Short term loan
[B]Insurance
[C]Non Performing assets
[D]Housing Finance

10.A payment made by a company to its shareholders, usually as a distribution of profits, is called?
[A]Premium
[B]Share
[C]Dividend
[D]Yield

For more Ibps rrb cwe 3 2014

Banking awareness for ibps clerk exam

• The Okavango Delta became the 1000^th UNESCO world heritage site in June 2014. It is in ---Botswana
• Gro Harlem Brundtland was awarded with the first Tang Prize in sustainable Development in June 2014. She is the former PM of  ------ Norway


• The Tang Prize is awarded on a biennial basis in four categories. They are-  Sustainable Development, Biopharmaceutical  Science, Sinology, Rule of Law
• Which Hindi poet was chosen for the prestigious Jnanpith Award for 2013 on June 20, 2014 --- Kedarnath Singh
• Which Indian born Mexican plant scientist won the 2014 World Food Prize for his outstanding work in the improvement of wheat crop? ----Sanjay Rajaram
• The Tang Prize was established by Samuel Yin, a Billionaire from ------ Taiwan
• Which country will host the 41^st G7/G8 summit in 2015---- Germany
• The CIMMYT is located in( International Maize and Wheat improvement center) ---  Mexico
• Which is the first country where Wimbledon has “The Road to Wimbledon” tennis event outside the UK?  ----  India
• World Music day is celebrated every year on? ---   June 21
• C.Rdhakrishnan was selected for the Murthidevi award for 2013 on June 13, 2014. He is an eminent writer in which language? ---- Malayalam
• Cristiano Ronaldo is a renowned   footballer from ---- Portugal
• Lisa Maria singh is one of the winners of the 2014 Pravasi bharathiya Samman. She is politican from ---- --  Australia
• Yu Si was conferred the Tamil Nadu government’s Thiruvalluvar award in January 2014. He is  a poet from  -----  Taiwan
• Banking awareness for ibps rrb clerk 2014, general awareness for ibps clerks exam 2014, general knowledge questions for ibps rrb clerks, po exam 2014

general awareness for ibps rrb clerk 2014

1.The 11 day long world famous Dhanu Yatra of Bargarh kiced off in Bargarh distric in which of the following states recently?
[A]Rajasthan
[B]Tamil Nady
[C]MP
[D]Odisha

2.One of the best footballers of all time, Eusebio da Silva Ferreria, dies recently. He belonged to which of the following countries

[A]France
[B]England
[C]Portugal
[D]Spain

3.The book titled " The Hundred Names of Darkness" has been authored by?
[A]Amosh Tripathi
[B]Frank Dikotter
[C]Nilanjana Roy
[D]Srinath Perur

4.Name the first Aircraft carries of China which completed its trial recently?
[A]Minsk
[B]Keiv
[C]Liaoning
[D]Varyag

5.Which of the following countries is all set to host first Wimbledon tennis event outside UK?
[A]Australia
[B]Japan
[C]India
[D]China

6.Who among the following has been appointed the new president of South Asian Federation of Accountants (SAFA) recently?
[A]Vinod Rai
[B]Subodh Kumar Agarwal
[C]VN Kaul
[D]Shashikanth sharma

7.BCIM is a strategic economic corridor proposed to be set up covering which of the following countries?
[1]Brazil, China, India and Myanmar
[2]Brazil, China, India and Malaysia
[3]Bangladesh, China, India and Myanmar
[4]Bangladesh, China, India and Malaysia

8.Mary Barra has been named as the chief executive officer by which of the following auto majors, making her the first female CEO in the global automotive industry?
[A]FORD
[B]General Motors
[C]Renault
[D]Suzuki

9.When the RBI opts to reduce liquidity in the banking system, it increases which of the following?
[A]CRR
[B]SLR
[C]Repo rate
[D]RRR
[E]Any of the above

10.What does the letter'A' represents in the abbreviation CRAR ?
[A]Allocation
[B]Advance
[C]Adequacy
[D]Assets

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Banking awareness for ibps rrb clerk 2014

• N.R. Narayana Murthy was recently presented with the 2014 “Global Indian Award’ in Canada. He is the executive chairman of Infosys company
• Mark Selby has won the World Snooker Championship 2014, held in Sheffield, England.


• The 2014 Summer Youth Olympic Games are to be held in China.
• India’s healthcare industry today is worth more than $45 billion.
• Grant Flower has been appointed as the batting coach of Pakistan cricket team for to years
• MTS  announced that it will provide free Wi-Fi in Gurgaon Rapid Metro Rail for six months
• VRV Sriprasad has been appointed as the new MD of Volvo  Buses India
• M Hamid Ansari   released the book entitled “ Subalternity, Exclusion and Social change in India”
• B.S. chauhan has been appointed as the Chairman of the Cauvery Water Disputes.
• Chairman, Railway board, Arunendra Kumar released the book, titled “India Junction:  A window to the Nation”.
• K.R. Kamath is chairman of Indian Banks Association (IBA).
• Mitual Kadakia  won Gregory Braded Memorial Fellow the year award 2014
• Electronic Fund Transfer scheme of RBI has been renamed as National Electric Fund Transfer (NEFT).

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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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general awareness for ibps rrb i clerk exam 2014

• Major General Kristin Lund has recently become the first ever woman to head a UN peacekeeping Force its entire History. She is from Norway.
• The Supreme Court has recently lifted a 19 month old ban on mining in Goa on the recommendation of a panel appointed by the Supreme Court to look into the mining Industry. M.B.Shah is the head of this Panel.


• Ashwin B.Pandya  was recently appointed  as the  Chairman of the Central Water Commission and Ex-officio Secretary of the Government of India
• First double-decker flyover of India was recently opened for public use in Mumbai city.
• Indian has recently signed an agreement for the development of Hydropower Projects with Bhutan.
• Meghalaya state has recently banned rat-hole mining and transportations of coal.
• Task Force on waste to Energy has recently submitted its report to the Planning Commission. This Task Force was constituted under the chairmanship of Dr. K.Kasturirangan.
• The Supreme Court has recently put an interim stay on iron ore mining by 26 firms in Odisha.
• World’s highest Railway tunnel has opened in China.
• Concept of ‘” Service Area Approach” was recommended by Dr.P.d.Ojha Committee.
• Philippines has signed a defence pact with US.

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general awareness questions for ibps rrb clerk 2014

• Engineers India Limited was conferred the coveted “Navaratna” status on 2014 June 24.
• UNCTAD released World Investment Report 2014. CHINA has retained its top position as the world’s most attractive investment destination.
• N.srinivasan has been confirmed as the first chairman of the International Cricket Council (ICC) on 2014 June 26.


• Bollywood actor Shah Rukh Khan will be honored with the “Legion of France”, one of the highest civilian awards of FRANCE.
• FIFA Banned Luis saurez for nine International matches after he was seen biting Italy’s Giorgio Chillini in a World Cup match in June 2014. Luis Saurez is a football player from Uruguay.
• The 800 MW Tawang Hydroelectric project is coming up in Arunachal Pradesh.
• Salman Rushdie was named as the winner of the 2014 PEN Pinter Prize on 2014 June 20. This literacy prize will be awarded on 2014 October 9.
• National Education Day is celebrated on November 11.
• Arvind mayaram –Finance Secretary
• Shaktikanta Das – Revenue Secretary.
• R.P.Wattal -- Expenditure Secreatry.
• Ravi Mathur -- Disinvestment Secretary.
• France  won their first Hopman Cup tennis title in perth, Austraslia on January4, 2014

General awareness quiz for ibps rrb clerk exam July 2014

banking awareness for ibps clerk 2014

• World oldest man, Arturo Licata died at the age of ___? 111
• Ashwin  B.Pamdya   has been appointed as the Chairman of Central  Water commission  & Exofficio Secretary to the Government of India.
• Sujit Choudary has been appointed as the dean of University of California Berkerly, School of law.


• Admin R.k .Dhowan took over as the 22^nd Chief of Naval staff of Independent India.
• “Vishu Festival” is a traditional Hindu festival celebrates in Kerala.
• World Heritage Day is observed on 18^th April.
• Delhi Airport will soon become a zero- diversionary airport.
• Lewis Hamilton has won the Chinese F1 grand Prix 2014.
• Finance Minister  has asked all Public Sector banks to improve their CASA Deposits  portfolio to 40%
• QFI stands for Qualified Foreign investor.
• Insurance Cover for Bank deposits in our country is provided by DICGC.
• World Bank was established in  the year 1944.

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Banking awareness for ibps po ibps clerk 2014

01. The Prime Minister of India Narendra Modi inaugurated the 240 Megawatt Uri If hydro power project
a) Sikkim
b) Assam
c) Gujarat
d) Himachal Pradesh
E) Jammu & Kashmir

2. Eduard Shevardnadze died in 2014. He was the former President of?

a) Russia
b) Georgia
c) Belarus
d) Ukraine
e) Estonia

3. Who won the men's Wimbledon tennis singles title in 2014?
a) Rafael Nadal (Spain)
b) Andy Murray
c) Roger Federer (Switzerland)
d) Novak Djokovia (Serbia)
e) Milos Raonic (Canada)

04. Gonzalo Higuain represented which of die following countries in the 2014 FIFA World Cup in Brazil?
a) Germany
b) Brazil
c) Chile
d) Costa Rica
e) Argentina

5. Petra Kvitova of the Czech Republic won her second Wimbledon in single title 2014. She defeated which of the following tennis players in the Wimbledon women's singles final?
a) Sfrnona Halep (Romania)
b) Agnieszka Radwanska (Poland)
c) Angelique Kerber (Germany)
d) Jelena Jankovic (Serbia)
e) Eugenie Bouchard (Canada)

6. Who was appointed the United National Goodwill Ambassador by UN Women, dedicated to gender equality and women's empowerment
a) ElueGouiding b) Angelina Jolie
c) AishwaryaRai
d) Emma Watson
e) MalalaYousafiB-

07. Which of the following routes will get India's first bullet train?
a) Jaipur-Madurai
b) Mumbai-New Delhi
c) Mumbai-Ahmedbad
d) Mumbai-Gorakhpur
e) Nagpur-Pune

8.Which Committee advocated setting up of "Payment Banks" to provide payment services and deposit products to small businesses and low income house-holds with a maximum balance of Rupees 50,000 per customer?
a) Vijay Kelkar
b) Urjit Patel
c) Nachiket Mor
d) C. Rangarajan
e) Raghuram Rajan

9. The theme of the 2014 world Economic Forum meeting is?
a) The Great Transformation shaping New Models
b) Resilient DvTtarrusm
c) The Reshaping of the World:Consequences for Society, Politics and business
d) Capitalizing Opportunity
e) Shaping Qorld's Transformation

10. The 3rd Lusofonia Games were held in 2014 In which of the following States?
a) Kerala
b) Tamil Nadu
c) Karnataka
d) Mizoram
e) Goa

11. The Lusofonia Games involves athletes coming from?
a) Spanish speaking countries
b) Portuguese speaking countries
c) German speaking countries
d) Italian speaking countries
e) English speaking countries

12. The 2014 Robert Foster Cherry Award for Great Teaching, a teaching award in the USA, was given to?
a) Meera Chandrasekhar
b) RenuKhator
c) Nitin Nohria
d) Rakesh Khurana
e) Vasdev Chanchlani

13.Atanu Das is associated with which of the following sports?
a) Tennis
b) Badminton
c) Archery
d) Golf
e) Chess

Banking awareness for ibps po ibps rrb clerks, Current affairs for ibps clerk 2014, banking awareness for ibps po, ibps rrb clerk exam2014,

Banking terms quiz for Ibps clerk, ibps po exams

Fiat money: fiat money is a legal tender for settling debts. It is a paper money that is not convertible and is declared by government to be legal tender for the settlement of all debts.

BCSBI: the banking codes and standards board of india is a society registered under the societies registration act, 1860 and functions as an autonomous body, to monitor and asses

s the compliance with codes and minimum standards of service to individual customers to which the banks agree to.
OLTAS: on-line tax accounting system. 
EASIEST: electronic accounting system in excise and service tax. 
SOFA status of forces agreement, sofa is an agreement between a host country and a foreign nation Stationing forces in that country. 
Call money: money loaned by a bank that must be repaid on demand. Unlike a term loan, which has a set maturity and payment schedule, call money does not have to follow a fixed schedule. Brokerages use call money as a short-term source of funding to cover margin accounts or the purchase of securities. The funds can be obtained quickly. 
Scheduled bank: scheduled banks in india constitute those banks which have been included in the second schedule ofrbi act, 1934 as well as their market capitalization is more than rs 5 lakh. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the act FEDAI: foreign exchange dealers association of india. An association of banks specializing in the foreign exchange activities in India.
PPF: public provident fund. Die public provident funj scheme is a statutory scheme of the central government of india. The scheme is lor 15 years. The minimum deposit is rs 500 and maximum is rs 70,000 in a financial year. 
SEPA: single euro payment area. 
GAAP: generally accepted accounting principles. The common set of accounting principles, standards and procedures that companies use to compile their financial statements. 
Indian depository receipt: foreign companies issue their shares and in return they get the depository receipt from the national security depository in return of investing in india.
Hot money: money that is moved by its owner quickly from one form of investment to another, as to take advantage of changing international exchange rates or gain high short-term returns on investments. 
PE RATIO: price to earnings ratio, a measure of how much investors are willing to pay company's reported profits. 
CASA: current account, savings account 
CAMELS: camels is a type of bank rating system. (c) stands for capital adequacy, (a) for asset quality, (m) for management ,(e) for earnings, (l) for liquidity and (s) for sensitivity to market risk. 
OSMOS: off-site monitoring and surveillance system
Free market: a market economy based on supply and demand with little or no government control. 
Retail banking: it is mass-market banking in which individual customers use local branches of larger commercial banks. 
Euro bond: a bond issued in a currency other than the currency of the country or market in which it is issued. 
  PPP: purchasing power parity is an economic technique used when attempting to determine the relative Values of two currencies. 
FEMA Act:  foreign exchange management act, it is useful in controlling hawala.
Hawala transaction: it's a process in which large amount of black money is converted into white. 
Teaser loans: it's a type of home loans in which the interest rate is initially low and then grows higher. Teaser loans are also called terraced loans.
ECB: external commercial borrowings, taking a loan from another country. Limit office is $500 million, And this is the maximum limit a company can get 
CBS: core banking solution all the banks are connected through internet, meaning we can have transac­tions from any bank and anywhere, (e.g. Deposit cash in pnb, delhi branch and withdraw cash from pnb, Gujarat) 
  CRAR: for RRB's it is more than 9% (funds allotted 500 cr) and for commercial banks it is greater than 8% (6000 cr relief package). 
NBFC:  NBFC is a company which is registered under companies act. 19s6 and whose main function is to provide loans. NBFC cannot accept deposit or issue demand draft like other commercial banks. NBSC registered with RBI have been classified as ASSCI finance company (afc), Investment Company (iq and Loan Company (lc) 
IIFCL: India infrastructure finance company limited. It gives guarantee to infra bonds. 
IFPRI: international food policy research institute. It identities and analyses policies for meeting the too Needs of the developing world. 
Currency swap: it is a foreign-exchange agreement between two parties to exchange aspects (namely t principal and/or interest payments) of a loan in one currency for equivalent aspects often equal in net present value loan in another currency. Currency swap is an instrument to manage cash flows in different currency. 
WPI: wholesale price index is an index of the prices paid by retail stores for the products they ultimately resell to consumers. New series is 2004 2005. (the new series has been prepared fry shifting the base year from 1993-94 to 2004-05). Inflation in India is measured on WPI index. 
MAT: minimum alternate tax is the minimum tax to be paid by a company even though the company is not making any profit 
Future trading: it's a future contract/agreement between the buyers and sellers to buy and sell the underlying assets in the future at a predetermined price.  
Reverse mortgage: it's a scheme for senior citizens.
banking terms quiz, Banking terms, financial awareness terms for ibps clerk exam, Banking terms for ibps po exams, banking and finance abbrivations