IBPS SBI PO/MT Clerk 2014 General Knowledge Previous Year Question Paper with Answers Free Download

36. Consider the following.
A. National Initiative on Climate Resilient Agriculture
B. National Mission of Sustainable Agriculture
Which among the above come under the Prime Minister's National Plan on Climate Change?
A) Only A
B) Only B
C) A and B
D) Neither A nor B
E) None of these

View Answer
B) Only B

37. Which among the following regulates the opening of bank accounts overseas by Indian residents and for outward or inward remission of funds through authorised channels?
A) Ministry of External Affairs
B) Ministry of Finance
C) Ministry of Overseas Indians
D) Reserve Bank of India
E) None of these

View Answer
D) Reserve Bank of India

38. In the first four years of the Eleventh Plan, Indian economy expanded by which among the following fractions?
A) 8.15%
B) 8.30%
C) 8.45%
D) 8.65%
E) 8.75%

View Answer
A) 8.15%

39. Recently, we read in the newspapers that Floating Rate Term Deposits (FRDs). Which are a variant of the fixed deposits offered by banks, have been now launched in India. Which among the following was the first bank that launched the FRDs in India?
A) State Bank of India
B) ICICI Bank
C) HDFC Bank
D) Bank of India
E) None of these

View Answer
A) State Bank of India

40. Which among the following is a correct statement about the contra funds?
A) Contra funds are likely to perform well in the long run but not in the short term
B) Contra funds are likely to perform well in the short run but not in the long term
C) Contra funds come with a guaranteed return and issued as a contract
D) Contra funds are those funds in which only corporate investors are allowed to invest
E) None of the above

View Answer
A) Contra funds are likely to perform well in the long run but not in the short term

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