General Knowledge, Current Affairs Test For LIC AAO

Q.1. How much fund has been allocated to Credit Enhancement Guarantee Scheme for Scheduled Castes?

01. 100 crore rupees 

02. 500 crore rupees 

03. 400 crore rupees 

04. 200 crore rupees 

05. 1000 crore rupees 

Q.2. The taxation authorities in India has made it mandatory for all the taxpayers in the country who earn more than _______per annum to file their tax returns online.

01. Rs. 4 lakh 

02. Rs. 15 lakh 

03. Rs. 10 lakh 

04. Rs. 5 lakh 

05. Rs. 20 lakh

 

Q.3. At which of the following places Kapil Sibal has inaugurated India's First All Women Employees Post Office on the occasion of the International Women's Day, 2013?

01. Mumbai 

02. New Delhi 

03. Chandigarh 

04. Pune 

05. None of these 

Q.4. Which of the following is a connection-oriented protocol?

01. HTTP 

02. IP 

03. UDP 

04. TCP 

05. None of these 

Q.5. The RBI has asked banks to fix a monetary limit for international transactions on credit and debit cards. Which of the following is Not a directive regarding this by RBI?

01. Banks should refrain from issuing cards with global access unless specifically sought by the customer. 

02. A monetary limit of $500 should be imposed by the issuing bank on all global cards which has been used in the past. 

03. There should be a threshold limit for international usage for all active international cards issued by banks. 

04. Banks should introduce a system to put a limit to number of beneficiaries that could be added in one day by each account. 

05. None of these 

Q.6. Which of the following is used as a financial instrument?

01. Future Contract 

02. Exotic Option 

03. Option 

04. Certificate of Deposit 

05. All of the above 

Q.7. IDBI was established in ……… by an Act of Parliament to provide credit and other facilities for the development of the fledgling Indian industry.

01. 1990 

02. 1988 

03. 1965 

04. 1964 

05. 1980 

Q.8. Which of the following is a word related with banking / finance field?

01. Affidavit 

02. Annuity 

03. Bankrupt 

04. Co-Maker 

05. All of the above 

Q.9. Which of the following is/are included in security features of the banknotes?

(A) Watermark (B) Latent Image (C) Microlettering (D) Intaglio Printing

01. Only A 

02. Only B and C 

03. Only C and D 

04. All A,B,C and D 

05. None of these 

Q.10. Which of the following payment and transfer system(s) is/are not used in India?

(A) RTGS (B) NEFT (C) IMPS (D) LVTC

01. Only A and B 

02. Only C and D 

03. Only D 

04. Only C 

05. None of these 

Answers

Q.1. (4) 

Q.2. (4) 

Q.3. (2) 

Q.4. (4) 

Q.5. (2) 

Q.6. (5) 

Q.7. (4) 

Q.8. (5) 

Q.9. (4) 

Q.10. (3)