General Knowledge / General awareness Questions and Answers for Banking Test 1

1. Habiba Sarobi recently conferred with....

Bharat Ratna

Noble Award for Peace

Ramon Magsaysay Award

Templeton Prize

None

2. First full pledged legislation to allow the formation of Co-operative Societies is .......

Co-operative Credit Societies Act, 1904

Co-operative Credit Societies Act, 1912

Co-operative Credit Societies Act, 1911

Co-operative Credit Societies Act, 1971

None

3. The first Act to pass to pave the establishment of Co-operative banks

Co-operative Credit Societies Act, 1922

Co-operative Credit Societies Act, 1924

Co-operative Credit Societies Act, 1972

Co-operative Credit Societies Act, 1951

Co-operative Credit Societies Act, 1912

4. Which committee was appointed in 1944 to
give recommendations to improve co-operative movement?

Hilton-young

Radhakrishnan

MacLagan

Rodgers

None

5. Which sector is the major beneficiary of Cooperative
banking system till 1969?

Education

Service

Agriculture

Export

Industrial

6. Indian Co-operative Bank system is ........

Unicameral

Semi Federal

Less Federal

Federal

Autocrat

7. On 13 April 2013, RBI decided to cancel the licenses of 26 loss-making co-operative banks as they got losses. Majority of them are in .....

AP

MP

Karnataka

Rajasthan

UP

8. ......... is the apex of the three-tier co-operative structure in India.

District Central Co-operative banks

Union Co-operative banks

District Co-operative banks

State Co-operative banks

None

9. Which bank finance, coordinate and control the working of District Central Co-operative Banks in the states?

National Co-operative Bank

Primary Co-operative Bank

State Co-operative Bank

Lower Development Bank

None

10. State Co-operative Banks (SCB) usually
lend .......

District Central Co-operative Banks

Primary Co-operative banks

to individuals in exceptional cases

All of above

None

Score =

Correct answers: