Some Important Question for UPSC Exams

Q 1. What is the full form of “CORE” in Core banking Solution?
A. Centralized Online Realtime Exchange.
Q 2. Which is the most safest card among Visa card , Master card
and Maestro Card?
A. Maestro Card
Q 3. Which bank launched the Rupay card for the first time?
A. Bank of India
Q 4. What is the currency name of IMF?
A. SDR (Special Drawing Rights)
Q 5. Expand FATF and what does it mean?
A. FATF: Financial Action Task Force, it is used to put a hold on
money supply to terrorist.
Q 6. What is the initial capital requirement of any Public sector
company to register in SEBI?
A. Five Lacs
Q 7. What is the full form of FII?
A. Foreign Institutional Investor.
Q 8. What is Term Money?
A. Money which is borrowed from one bank to another for more
than 15 days.

Q 9. G-20 meeting in 2014 is going to held in which country ?
A. Brisbane, Australia.
Q 10. How many member does Organisation of Petroleum Exporting Countries (OPEC) has?
A. Twelve Members.
Q 11. Which committee recommended NABARD and when was
NABARD established?
A. NABARD is recommended by Shiv Raman Committee and is
established in 1982.
Q 12. Who is also known as Banker for the Bank?
A. RBI.
Q 13. Which scheme is related to Financial Inclusion?
A. Swabhiman Scheme.
Q 14. Who is the Chairperson of National Advisory Council (NAC)?
A. Sonia Gandhi.
Q 15. Name the central Bank of United States of America?
A. Federal Bank.
Q 16. What is the minimum and maximum fund transfer limit in
National Electronic Fund Transfer (NEFT)?
A. Their is no such limit of money transfer in NEFT.
Q 17. Which company rolls out with first White Label ATM?
A. Tata Communications Payment Solutions Ltd.
Q 18. Expand MGNREGA and what is it meant for?
A. Mahatma Gandhi National Rural Employment Guarantee Act
(MNREGA), this scheme is meant for job guarantee to rural Indians.