PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-04

Direction (Qs.1-20): Study the following questions carefully and choose your answer from the given five options.

 

Question No : 1

Which of the following is/are the various types of Insurance?

(A) Life Insurance   (B) Health Insurance (C) Liability Insurance

(1) Only (A)                

(2) Only (B)                

(3) Only (C)    

(4) All (A), (B), (C)     

(5) Only (A) and (B)

Question No : 2

What is the full form of ‘ESOPs’ as seen in financial newspapers?

(1) Employee Stock Options

(2) Executive Salary Options

(3) Emergency Stock Operations        

(4) Early Sales Opportunities

(5) Executive Stock Ownership

Question No : 3

Who are considered Super Senior Citizen? Those who have completed a minimum age of ___

(1) 65 years     

(2) 70 years     

(3) 75 years     

(4) 80 years   

(5) 90 years

Question No : 4

According to Planning Commission, in how many years shall the per Capita income in India

become double?

(1) Nine        

(2) Five           

(3) Seven         

(4) Three         

(5) None of these

Question No : 5

Expand the terms IFRS

(1) Indian Financial Reporting Standards

(2) Indian Financial Reporting Systems

(3) International Financial Reporting Standards

(4) International Financial Reporting Systems

(5) None of these

Question No : 6

Cheap Money means ____________

(1) Low Rate of Interest       

(2) Low level of Savings         

(3) Low level Income  

(4) Excess of Black Money      

(5) None of these

Question No : 7

Which of the following Public Sector Organisation has offered largest ever equity offer?

(1) SAIL                      

(2) Coal India                        

(3) Power Grid           

(4) Shipping corporation of India       

(5) None of these

Question No : 8

Through which one of the following sources domestic funds are raised by companies?

(A) IPO only      (B) FPO only         (C) commercial papers

(1) Only (A) and (B)  

(2) All (A), (B) and C            

(3) Only (A) and (C)

(4) Only (A)                

(5) Only (C)

Question No : 9

Which of the following is a General Insurance Company functioning in India?

(1) LIC of India          

(2) United India Insurance Company

(3) ICICI Prudential    

(4) Tata AIG               

(5) All of the above

Question No : 10

Which one of the following years Annual Plan was operative?

(1) 1969-70      

(2) 1990-91    

(3) 2003-04      

(4) 1965-66      

(5) None of these

Question No : 11

Which of the following terms is NOT used in insurance sector?

(1) Indemnity 

(2) Coverage               

(3) Misuse Alert        

(4) Causalty    

(5) Annuity

Question No : 12

Which of the following Public sector companies/organisation provides insurance cover to

exporters?

(1) ECGC      

(2) NABARD  

(3) SIDBI         

(4) IRDA         

(5) None of these

Question No : 13

Very often we read in newspapers about 3G or 3rd Generation technology, this is a set of

standards used by which of the following purposes?

(1) To combat climatic changes           

(2) Production of Nuclear Energy

(3) For health check up           

(4) Mobile Telecommunications        

(5) Film Production

Question No : 14

In which one of the following States was the first UID card issued?

(1) Gujarat      

(2) Manipur    

(3) Assam       

(4) West Bengal          

(5) Maharashtra 

Question No : 15

Which of the following instruments cannot be transferred from one person to another by

Endorsement?

(1) Fixed Deposit Receipt      

(2) Cheque                  

(3) Bill of Exchange

(4) Promissory Note   

(5) None of these

Question No : 16

Expand the term MGNREGA

(1) Mahatma Gandhi National Rural Employment Guarantee Act

(2) Mahatma Gandhi National Rural Employment Guarantee Agency

(3) Mahatma Gandhi National Rural Employment Generation Act

(4) Mahatma Gandhi National Rural Employment Generation Agency         

(5) None of these

Question No : 17

Which of the following terms is used in the field of finance and Banking?

(1) Elasticity   

(2) Inflation   

(3) Pulse Rate  

(4) Hot Waves

(5) Plasma

Question No : 18

Which of the following rates are reviewed by the RBI at the time of periodical review of the

policy?

(A) Bank Rate           (B) Repo Rate            (C) Savings Bank Rate

(1) Only (A)                

(2) Only (B)                

(3) Both (A) and (B)

(4) All (A), (B) and (C)         

(5) Only (C)

Question No : 19

The main feature of the National Agriculture Insurance Scheme is to insure which of the

following?

(1) Life of the farmer  

(2) Animals who are used in agriculture activities

(3) Crop of the farmer          

(4) Land of the farmer

(5) Both land and family of the farmer

Question No : 20

Olympic Games–2012 was organized in which of the following cities?

(1) Perth                     

(2) Sun city                 

(3) Paris          

(4) New Delhi             

(5) London