Lic Aao Exam Template With Answers Page 2
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25LIC AAO Model Paper 2
9. Which country has decided to cut its number of troops
(D) Bank note
by 300,000 expressing its commitment towards world
(E) Commercial Paper
peace?
(A) India
13. What is the upper age limit under Pradhan Mantri
(B) China
Suraksha Bima Yojna?
(C) Germany
(A) 40 Years
(D) USA
(B) 50 years
(E) Russia
(C) 70 years
(D) No limit
10. Recently Kevin Andrews visited India. He is the
(E) 45 years
Defence Minister of which country?
(A) America
14. Which is a subsidiary of RBI with a mandate for
(B) Germany
facilitating credit flow for promotion and development of
(C) Australia
agriculture, small-scale industries, cottage and village
(D) Cambodia
industries, handicrafts and other rural crafts?
(E) Russia
(A) DICGC
(B) NHB
11. Which of the following function is not performed by
(C) NABARD
Reserve Bank of India as a Banker to Banks?
(D) BRBNMP
(A) Providing finance to the government so that it may
(E) RRBs
lend to other developing nations
(B) Enabling smooth, swift and seamless clearing and
15. What is the maximum limit per transaction on the
settlement of inter-bank obligations
amount of funds that could be transferred using NEFT
(C) Providing an efficient means of funds transfer for
for cash-based remittances and remittances to Nepal?
banks
(A) One lakh rupees
(D) Acting as lender of the last resort.
(B) Twenty-five thousand rupees
(E) None of these
(C) Two lakh rupees
(D) Fifty thousand rupees
12. What do you call an unsecured loan certificate issued
(E) Seventy Five thousand rupees
by a company, backed by general credit rather than by
specified assets?
16. Who is the Minister of Water resources and
(A) Treasury bill
treatment?
(B) Promissory Note
(A) Uma Bharati
(C) Debentures
(B) Arun Jaitley
Page 2
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