Direction (Qs.1-20): Study the following questions carefully and choose your answer from the given five options.
Question No : 1
Booker Prize is given for contribution in the field of _______
(1) Politics
(2) Sports
(3) Literature
(4) Cinema
(5) None of these
Question No : 2
EURO is the monetary unit of
(1) Iran
(2) Iraq
(3) China
(4) Italy
(5) JapanQuestion No : 3
Which of the following possesses magnetic property?
(1) Chromium
(2) Copper
(3) Iron
(4) Silver
(5) LeadQuestion No : 4
What is the function of RADAR?
(1) Detecting sound waves
(2) Detecting only direction
(3) Detecting range and direction
(4) Transmitting Pictures
(5) None of theseQuestion No : 5
Which of the following terms is NOT associated with the world of banking?
(1) Credit
(2) Micro Finance
(3) Pulse Rate
(4) Cheque Truncation
(5) Basel NormsQuestion No : 6
The Head of the Reserve Bank of India is known as ______
(1) Chairman
(2) Managing Director
(3) Director General
(4) Chief Executive Officer
(5) GovernorQuestion No : 7
Which of the following is NOT decided by the Reserve Bank of India?
(1) SLR
(2) CRR
(3) Bank Rate
(4) Repo Rate
(5) InflationQuestion No : 8
‘Olympic games’ are organised after a gap of every ______
(1) two years
(2) three years
(3) four years
(4) five years
(5) six yearsQuestion No : 9
Which Award is given for excellence in the field of Sports/Games?
(1) Nargis Dutt Award
(2) Shanti Swarup Bhatnagar Award
(3) Kalidas Samman
(4) Shramjivi Award
(5) Arjuna AwardQuestion No : 10
Expand the term EEFC A/c.
(1) Exchange Earners’ Foreign Currency Accounts
(2) Export Earners’ Foreign Currency Accounts
(3) Exchange Earners’ Forward Contract Accounts
(4) Export Earners’ Forward Contract Accounts
(5) None of theseQuestion No : 11
Which one of the following banks has decided not to accept bulk deposits for a while?
(1) SBI
(2) ICICI
(3) HDFC
(4) Yes Bank
(5) None of theseQuestion No : 12
Which of the following countries is Number One Country in terms of Purchasing Power?
(1) USA
(2) Germany
(3) China
(4) South Korea
(5) None of theseQuestion No : 13
The Government has decided to amend the Banking Companies Act to give public sector
banks, the Rights of Passage. What is the Rights of passage?
(1) The banks can raise equity capital through rights issue
(2) The banks can seize the hypothecated goods
(3) The banks can raise tier I capital
(4) The banks can issue Innovative Perpetual Bonds
(5) None of theseQuestion No : 14
Which one of the following recommendations has been made by the PMEAC?
(1) To withdraw some of the stimulus packages
(2) To withdraw all the stimulus packages
(3) To raise the collection of direct taxes
(4) To raise the rate of indirect taxes
(5) None of theseQuestion No : 15
Which one of the following organisations sets targets for various Ministries in India?
(1) Department of Expenditure
(2) Department of Economic Affairs
(3) Department of Revenue
(4) The Planning Commission
(5) None of theseQuestion No : 16
Which one of the following was the reason owing to which Government want Reserve Bank of
India to tighten prudential norms for NBFCs?
(1) To reduce liquidity in the market
(2) It is as per Basel II requirements
(3) It is as per Bank for International Settlement (BIS) directives
(4) It is to protect NBFCs from any impact of possible economic slowdown
(5) None of theseQuestion No : 17
Through which one of the following methods RBI has allowed Indian companies to hedge
exchange rate risks associated with trade transactions?
(1) Forwards
(2) FRA
(3) Swaps
(3) Currency option
(5) Cross currency optionsQuestion No : 18
BNP Paribas is
(1) an insurance player of India
(2) the biggest mutual fund company in Britain
(3) the biggest bank of France
(4) an infrastructure company of India
(5) None of theseQuestion No : 19
Which one of the following directions has been given by Government to Civic bodies?
(1) They must use 70 percent of the funds for BPL families
(2) They must use 70 percent of the funds for the poor living within their jurisdiction
(3) They must use 25 percent of the funds for BPL families
(4) They must use 25 percent of the funds for the poor living within their jurisdiction
(5) None of theseQuestion No : 20
On which one of the following issues a group of business leaders and other eminent citizens
have expressed concern?
(1) e-Governance
(2) Governance
(3) Fiscal deficit
(4) Governance deficit
(5) None of these