GK Updates for RBI Assistant Exam 2015

Friends..Here are some questions from banking awareness useful for upcoming RBI Assistant Exam scheduled to be held in August 2015. We have added these questions to our Quiz Website so that you can attempt quiz like an online exam and check your live score. Attempt and comment your suggestions. 

Questions covered by us today. Some are previously asked questions in RBI Assistant Exam 2015.

(For better experience, attempt quiz from our Quiz Website--> Banking Awareness Quiz)

1. Which of the following terms is not directly associated with the functioning of RBI?

(A) Open Market Operations

(B) Cash Reserve Ratio

(C) SENSEX

(D) Liquidity Adjustment Facility

(E) Public Debt Office

2. What does the letter F denote in ‘NBFCs’, a term seen very frequently in banking world these days?

(A) Formal

(B) Fiscal

(C) Federal

(D) Functional

(E) Financial

3. Which of the following services products of banks is specially designed and launched to help students?

(A) Personal loan

(B) Corporate loan

(C) Business loan

(D) Medical loan

(E) Education loan

4. Cash Reserve Ratio is maintained in the form of:

(A) Government securities

(B) Balance with Reserve Bank of India

(C) Balance with State Bank of India

(D) All of the above

(E) None of the above

5. Which of the following is a development bank

(A) HDFC

(B) NHB

(C) Axis Bank

(D) Development Credit Bank

(E) None of these

6. India’s wage policy is based on

(A) Cost of Living

(B) Standard of Living

(C) Per capita Income

(D) Whole sale price Index

(E) None of these

7. Banking Regulation Act, 1949, does not, at all apply to

(A) Nationalised Banks

(B) State Bank of India and its Subsidiaries

(C) Foreign banks having branches in India

(D) Primary agricultural credit societies

(E) None of the above

8. For filing and resolving customer complaints, theBanking Ombudsman?

(A) charges a fee of Rs. 500

(B) does not charge any fee

(C) charges a fee of Rs. 1500

(D) charges a fee of Rs. 1000

(E) None of these

9. Banks in India are regulated under __ ?

(A) Companies Act, 1956

(B) Banking Regulation Act, 1949

(C) Reserve Bank of India Act, 1924

(D) Special powers conferred on the RBI

(E) None of these

10. Many times we read in newspapers that the RB! has revised certain rates/ratios under LAF. What is the full form of LAF ?

(A) Legal Adjustment Facility

(B) Liquidity Adjustment Facility

(C) Long-term Achievement Facility

(D) Legal Adjustment Formality

(E) None of the above

Check Study Materials for RBI Assistant Exam 2015

You can also get the Current Affairs PDF capsule for RBI Assistant Exam 2015 .

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Daily Current Affairs Updates: 22 July 2015

Friends..Here is the Daily Current Affairs Updates for 22 July 2015. We haven’t updated the daily Current Affairs for last few days as there were not much news important from the competitive exam perspective. However we have covered the maximum in Current Affairs PDF July 2015 (Second Week). Hope you have already checked that.

1) BRICS bank began operations in China:

--> New Development Bank (NDB) floated by the BRICS nations, including India, to step up infrastructure funding in the emerging economies formally started its operations at its headquarters in Shanghai, China on 21 July 2015.

--> The bank is to start out with a capital of $50bn (£32bn) though the amount is to be doubled in the coming years.

--> The banks is expected to issue its first loans early next year.

--> Chinese Finance Minister Lou Jiwei, Shanghai Mayor Yang Xiong and the bank’s President K V Kamath attended the opening ceremony held in a hotel in Shanghai.

--> The bank is seen as an alternative to the World Bank and the International Monetary Fund and will lend money to BRICS nation to help finance infrastructure projects. 

2) CCEA extended CCTNS deadline to March 2017:

--> The deadline for implementation of an ambitious online system, which will help in police verification for issuing passport, among others, was on 21 July 2015 extended till  March 2017 by the government.

--> Cabinet Committee of Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the proposal of the Union Home Ministry to extend the deadline for implementation of Crime and Criminals Tracking network and Systems (CCTNS) project.

3) Union Government launched Surakshit Khadya Abhiyan:

--> Union Government has launched a national campaign Surakshit Khadya Abhiyan in a bid to create awareness and capacity building on Safe and Hygienic food for all.

--> It was launched by Union Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan in New Delhi.

4) Naomi Klein won 2015 American Book Award:

--> Noted Canadian author Naomi Klein has won the 36th edition of American Book Award 2015.

--> She has won this award for her environmental work This Changes Everything: Capitalism vs. the Climate published in 2014.

5) ISRO successfully test-fired GSLV-Mark III rocket engine:

--> ISRO has successfully test-fired Geosynchronous Satellite Launch Vehicle (GSLV) Mark III project’s high-thrust cryogenic rocket engine.

--> It is India’s first indigenously designed and developed high-thrust cryogenic rocket engine capable of generating a nominal thrust of 19 tonnes.

6) Narendra Modi launched National Career Counselling Portal:

--> Narendra Modi launched India's biggest job portal called National Career Counselling Portal for the job seekers.

--> It has been done as a part of an effort to modernise all government-run employment centres.

--> Initiated by the Union Government, the project aspires to become one stop solution for the job seekers and providers.

--> The portal has been set up under the National Career Service (NCS) project.

7) Amelie Mauresmo inducted into Tennis Hall of Fame:

--> France`s tennis legend Amelie Mauresmo was inducted into the International Tennis Hall of Fame by the Association of Tennis Professionals (ATP).

--> She is a two-time Grand Slam winner viz. Australian Open (2006) and Wimbledon (2006).

--> She is also former world number one and had spent a total of 39 weeks atop in the rankings in 2004 and 2006.

8) Bhanu Pratap Sharma given additional charge as FSSAI chairperson:

--> Health and Family Welfare Secretary Bhanu Pratap Sharma was given additional charge of Food Safety and Standards Authority of India ( FSSAI), Chairperson, for three months.

9) Sangram Singh becomes the first Indian to win WWP Heavyweight Championship:

--> Indian wrestler, Sangram Singh won the World Wrestling Professionals (WWP) Commonwealth Wrestling Heavyweight Championship on July 18.

--> The championship was held at Nelson Mandela Bay in Port Elizabeth in South Africa.
Check & Read Daily Current Affairs 2015

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Current Affairs Quiz: 22 July 2015 for Exams

Friends..Here is the Current Affairs Quiz for 22 July 2015 useful for all upcoming exams including RBI Assistant 2015, FCI Assistant 2015, LIC ADO 2015, SSC CGL 2015, SSC CHSL 2015, IBPS RRB 2015, IBPS PO 2015, SBI PO Mains 2015, OICL Assistant 2015 and other PSC Exams. Apart from this Current Affairs Quiz 2015 don’t forget to check Quiz on Computer Knowledge, GK, English etc from our Quiz Website for Exams. 

Questions for the day.Click on ‘START QUIZ’ button to attempt quiz. 

1) Ashok Lahiri, former chief economic advisor was recently appointed as the chairman of?

(A) Bandhan Bank

(B) Kotak Mahindra Bank

(C) Post Bank of India

(D) Yes Bank

2) Seventh BRICS summit was held from 8 to 9 July 2015 in which city?

(A) New Delhi, India

(B) Guangzhou, China

(C) Ufa, Russia

(D) Durban, South Africa

3) Rashtriya Avishkar Abhiyan (RAA), developed by HRD ministry to inculcate a spirit of inquiry, creativity and love for science and mathematics in school children was on 9 July 2015 launched by?

(A) Smriti Irani

(B) Narendra Modi

(C) APJ Abdul Kalam

(D) Pranab Mukherjee

4) World Population Day was observed on 11 July 2015 with the theme?

(A) Investing in Young People

(B) Focus is on Adolescent Pregnancy

(C) Universal Access to Reproductive Health

(D) Vulnerable Populations in Emergencies

5) Kagiso Rabada on 10 July 2015 became only the second cricketer in the history of ODI cricket to claim a hat-trick on ODI debut. He belongs to which team?

(A) South Africa

(B) Zimbabwe

(C) Kenya

(D) Bangladesh

6) Who won the Wimbledon Women’s Singles title 2015?

(A) Garbine Muguruza

(B) Serena Williams

(C) Martina Hingis

(D) Sara Errani

7) Powerful Typhoon Linfa has recently (July 2015) hit which country?

(A) Japan

(B) Indonesia

(C) India

(D) China

8) Legendary actor Omar Sharif who died recently, best known for his part in David Lean's ‘Lawrence of Arabia’, belongs to which country?

(A) England

(B) Iran

(C) Egypt

(D) UAE

9) Which country recently won the first Ashes Test?

(A) England

(B) Australia

(C) No Result

(D) Tie

10) Sania Mirza-Martina Hingis won Wimbledon women's doubles title 2015. Martina Hingis belongs to which country?

(A) Spain

(B) Switzerland

(C) Italy

(D) Serbia
Attempt Quiz to check right answers.
Check our Previous Current Affairs Quiz 2015

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Question Paper of FCI Assistant Grade West Zone, North East Zone: 12 July 2015

Friends..Many of you have been requesting us the Question Paper PDF Download of the Food Corporation of India (FCI) Junior Engineer (Civil/Electrical/Mechanical), Assistant Grade Posts held on 12 July 2015 in West Zone and North East Zone. In this post, we are providing you that question paper in PDF format. Answer Key is expected to be released by FCI Soon and once it is out will be update that. This question paper will be useful reference for aspirants from other zones who were having exams as detailed below. 

FCI North Zone Written Exam Date- 4 October 2015

FCI South Zone Date: 2 August 2015

FCI East Zone- 06 September 2015

Most of the Current Affairs questions asked in the exam were as such asked from your favorite website. Here is the proof:

Questions No: 28 India has exported its first warship named "CGS Barracuda" to which of the following countries?

(A) Maldives

(B) Bhutan

(C) Nepal

(D) Mauritius

Ans. (D) Mauritius Check Question 7 in (Even Options same) --> Current Affairs Quiz 22 December 2014

Question-30: Beji Caid Essebsi was recently elected as the President of?

(A) Belgium

(B) Fiji

(C) Tunisia

(D) Sudan

Check Q.No.9 in (Even Options same)--> Current Affairs Quiz 23 December 2014

Upcoming exams will be of similar pattern and other questions from our website is expected in those exams as well. Don't forget to check Current Affairs Quiz for last Six months.

Download Question Paper of FCI Assistant Exam 12 July 2015

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Employment News: 18th July - 24th July 2015

Friends..Here is the Employment News for the week ending 24 July 2015. Check your opportunity and apply now!!

1. Container Corporation of India Limited, New Delhi.

Name of Posts – Assistant Supervisor, Senior Assistant and Stenographer.

No. of Vacancies – 185

Date – 10.08.2015

2. The Oriental Insurance Company Ltd. Check Notification

Name of Post – Assistants

No. of Vacancies – 606

Last Date – 28.07.2015 

3. Institute of Banking Personnel Selection. Check Notification

Name of Posts – Probationary Officers/Management Trainees in Participating Organisations (CE PO/MT-V)

No. of Vacancies – Depending on the vacancies to be filled in during the Financial Year 2016-17

Date – 28.07.2015

4. Jamia Millia Islamia, New Delhi.

Name of Posts – Professors, Associate Professors, Assistant Professors,Development Officer, Assistants, etc.

No. of Vacancies –81

Date – 30.07.2015

5. Haryana Power Utilities.

Name of Post –Assistant Engineers (Electrical, Mechanical, Electronic IT & Civil) and Upper Division Clerk

No. of Vacancies -317

Date – 16.08.2015

6. Cordite Factory, Aruvankadu, The Nilgiris.

Name of Post –Trained Graduate Teacher (Mathematics, English, Social Science, Science), Stenographer, Supervisor (NT) LDC, etc.

No. of Vacancies – 194

Last Date – 21 days from the of first appearance

7. National Institute of Open Schooling, Noida

Name of Post – Director (Vocational Education), Deputy Director (Accounts), Assistant Director, Section Officer, Assistant, etc.

No. of Vacancies – 72

 Last Date - 04.08.2015

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Quiz on Current Affairs: 21 July 2015

Friends..Here is the Daily Current Affairs Quiz for 21 July 2015 covering important happenings during the last few days. These questions will be very handy for all upcoming competitive exams. Also don’t forget to check Quiz questions from GK, English and Computer Sections. Check our Online Quiz site to participate in Quiz Series for each topic.

Today’s Questions in Brief.Click on ‘START QUIZ’ button to attempt quiz. 

1) World Boxing Organization (WBO) has recently stripped of the Welterweight World title 2015 won by whom in May 2015?

(A) Manny Pacquiao

(B) Floyd Mayweather

(C) Keith Thurman

(D) Kell Brook

2) University Grants Commission (UGC) has recently accorded the special heritage status to ___ colleges in India?

(A) 15

(B) 20

(C) 13

(D) 19

3) ISRO on 10 July 2015 successfully launched five British commercial satellites on board using?

(A) PSLV-C28

(B) PSLV-C29

(C) PSLV-C27

(D) PSLV-C31

4) India along with which country was recently inducted permanent member of Shanghai Cooperation Organisation (SCO)?

(A) Russia

(B) Pakistan

(C) Kazakhstan

(D) Bangladesh

5) Name the indigeniously-developed supersonic surface-to-air missile which was on 10 July 2015 formally inducted in the Indian Air Force?

(A) Agni

(B) Brahmos

(C) Akash

(D) Tejas

6) Prince Saud Al Faisal, the world's longest serving foreign minister who died on 9 July 2015 is from which country?

(A) Oman

(B) Tajikistan

(C) Saudi Arabia

(D) Iran

7) In which state India's first earthquake early warning system was recently installed?

(A) West Bengal

(B) Odisha

(C) Assam

(D) Uttarakhand

8) Bashar Nawaz who passed away on 9 July 2015 was a renowned poet, critic and orator in which language?

(A) Urdu

(B) Malayalam

(C) Hindi

(D) Kannada

9) Cosmonaut Gennady Padalka who recently broken the record for the longest time spent in space belongs to which country?

(A) USA

(B) UK

(C) Russia

(D) France

10) India and which country on 10 July 2015 signed an agreement to implement Foreign Account Tax Compliance Act (FATCA)?

(A) USA

(B) Russia

(C) China

(D) Singapore
Attempt Quiz to check right answers.
Check our Previous Current Affairs Quiz 2015

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Daily GK Updates: 20 July 2015

Friends..Here is the Daily GK Updates for 20 July 2015 useful for all upcoming Exams including FCI Assistant 2015, RBI Assistant 2015, OICL Assistant 2015, LIC ADO 2015, SSC CGL & CHSL 2015, IBPS RRB 2015, IBPS PO 2015 etc. Check your score online and assess level of your preparation. 

Questions for the Day. Click on ‘START QUIZ’ button to attempt quiz. 

1) What does BIOS stand for?

(A) Basic Internal Output System

(B) Basic Intra Operating System

(C) Basic Internal Organ System

(D) Basic Input Output System

2) Process through which plants reproduce?

(A) Pollination

(B) Condensation

(C) Eating

(D) Evaporation

3) The type of kidneys present in frog are?

(A) Mesonephros

(B) Metanephros

(C) Archinephros

(D) Pronephros

4) Light year is a unit of?

(A) Light

(B) Current

(C) Distance

(D) Time

5) The chemical name of “Plaster of Paris” commonly used for setting broken bones is?

(A) Calcium nitrate

(B) Calcium sulphate

(C) Calcium carbonate

(D) Calcium chloloride

6) The Hutti Gold mines are located in the State of?

(A) Karnataka

(B) Tamil Nadu

(C) Andhra Pradesh

(D) Maharashtra

7) Chief Justice of the Supreme Court is appointed by the?

(A) Speaker of the Lok Sabha

(B) Chairman of the Rajya Sabha

(C) Prime Minister

(D) President

8) The number of Subject incorporated in the Union list is?

(A) 97

(B) 102

(C) 82

(D) 89

9) The apparatus used to test acidity of aqueous solution is?

(A) pH meter

(B) Ammeter

(C) Hygrometer

(D) Acidmeter

10) Which of the following reasons is responsible for lack of vegetation in the deserts?

(A) Heavy volume of sands

(B) absence of B-horizon in the soil

(C) High temperature

(D) Lack of rainfall 

Attempt Quiz to check right answers.

Also Check 1000+ GK Questions for competitive Exams 

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