Mock Test

Exam: IBPS Clerk Subject: General Awareness

Total Questions: 20

Q1. Which rate is used by the central bank to inject or absorb liquidity from the banking system?

Bank Rate Repo Rate Reverse Repo Rate Marginal Standing Facility Rate
Q2. Which scheme provides life insurance coverage to individuals?

PMKVY PMJJBY PMSBY PM-SYM
Q3. Which of the following is a measure of economic growth?

Human Development Index GDP per capita Gini Coefficient Consumer Price Index
Q4. Which of the following is not a function of monetary policy?

A. Controlling inflation B. Regulating exchange rates C. Promoting exports D. Managing government expenditure
Q5. Which of the following is not a feature of UPI?

Immediate transfer 24x7 availability Transaction limit of Rs. 10,000 Single mobile app for accessing different bank accounts
Q6. Which country is the largest producer of nuclear power?

United States France China Russia
Q7. What is the purpose of a Fixed Deposit?

To borrow money To save money To spend money To insure money
Q8. Which scheme focuses on providing financial assistance for the construction of houses for urban poor?

PMAY-U PMGDISHA PMFBY PMAY
Q9. Which of the following is a key characteristic of a successful startup ecosystem?

High Taxes Limited Access to Capital Lack of Innovation Strong Community Support
Q10. What is the name of the process where a startup offers its shares to the public for the first time?

IPO ICO VC Funding Seed Round
Q11. What is the primary objective of UPI?

To promote cash transactions To reduce online frauds To facilitate instant fund transfer To increase ATM usage
Q12. SLR is a regulatory requirement aimed at ensuring which of the following?

Financial stability Market speculation Risk-taking behavior Profit maximization
Q13. What is the maximum foreign shareholding limit in private sector banks in India?

49% 51% 74% 100%
Q14. Who is awarded the Booker Prize?

Scientists Artists Writers Politicians
Q15. What is the impact of a high Bank Rate on the economy?

Encourages borrowing and investment Discourages borrowing and investment Stimulates economic growth Reduces interest rates
Q16. Which scheme aims to provide housing for urban poor along with skill development training?

NULM PMKVY PMGDISHA ASPIRE
Q17. What is the main purpose of creating disaster management plans?

Increase panic Ensure safety Create chaos Delay response
Q18. What is the impact of a decrease in Bank Rate on savings account interest rates?

Savings account interest rates increase Savings account interest rates decrease No impact on savings account interest rates Savings account availability decreases
Q19. Which historical event is often referred to as the 'shot heard round the world'?

American Revolution French Revolution Russian Revolution Industrial Revolution
Q20. The Banking Ombudsman can reject a complaint if it is not filed within how many days of receiving the reply from the bank?

15 days 30 days 45 days 60 days

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