PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-05

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 cups/trophies is associated with the game of Lawn Tennis?

(1) Davis Cup                        

(2) Merdeka Cup                    

(3) Ranji Trophy

(4) Agha Khan Cup     

(5) Santosh Trophy

Question No : 2

Currency notes and coins of one rupee and lower denominations are issued by the _____

(1) Reserve Bank of India       

(2) State Bank of India            

(3) Ministry of Finance         

(4) Government of India        

(5) None of these

Question No : 3

Which of the following terms is used in the field of Banking/Finance?

(1) Black holes            

(2) Radiation               

(3) Compound Interest         

(4) Hibernation                                   

(5) Refraction

Question No : 4

Which of the following is a horticultural crop?

(1) Wheat        

(2) Sunflower  

(3) Sugarcane  

(4) Grape      

(5) Rice

Question No : 5

What is the full form of the term SHGs used in financial newspapers?

(1) Small Help Groups

(2) Small Help for Growth     

(3) Self Hope Groups

(4) Self Help Groups

(4) Small Hope in Growth                              

Question No : 6

Which of the following terms is not used in Economics?

(1) Balance of Payment           

(2) Call Money                                    

(3) National Debt

(4) Elasticity of Demand                     

(5) Cardiac Index

Question No : 7

Which of the following organisations provides credit history of the borrowers?

(1) CIBIL       

(2) SEBI          

(3) RBI

(4) CRISIL       

(5) IBA

Question No : 8

Small Industries Development Bank of India (SIDBI) provides refinance facilities under ARS. 

What is the full form of ARS?

(1) Automatic Refinance Scheme       

(2) Allocation and Refinance Solutions           

(3) Automatic Refinance Solutions      

(4) Allocation and Refinance Scheme  

(5) None of these

Question No : 9

Which one of the following is the objective of the flagship scheme ‘Rashtriya Swasthya Bima

Yojana’ (RSBY)?

(1) To provide life insurance cover to small farmers and their families

(2) To provide life and health insurance cover only to people living below poverty line

(3) To provide both life and health insurance cover to Central Government Employees

(4) To provide health insurance cover to domestic workers in cities/metros

(5) None of these

Question No : 10

Which of the following activity/activities is/are expected to be performed by the Business

Correspondents being appointed by the banks?

(A) Disbursal of small value credit     

(B) Collection of small value deposits

(C) Sale of micro insurance/mutual fund products

(1) Only (A)                

(2) Only (B) and (C)   

(3) Only (A) and (B)

(4) All (A), (B), and (C)

(5) Only (A) and (C)

Question No : 11

What is/are the reasons owing to which Government has to take special efforts to

develop/recharge watersheds and water bodies?

(A) Because of inappropriate irrigation facilities and farmers’ over dependence on the

        monsoon.

(B) The water table in some of the areas in the country is going down.

(C) Around 30 to 35 per cent watersheds/water bodies in the country are not being utilized as

       the quality of water in these has deteriorated over the years.

(1) Only (A)                

(2) Only (B)               

(3) Only (C)

(4) Only (B) and (C)   

(5) None of these

Question No : 12

Which of the following schemes is launched to create infrastructure in rural areas?

(1) Indira Awas Yojana           

(2) Mid Day Meal                   

(3) Bharat Nirman Yojana     

(4) Sarva Shiksha Abhiyan                  

(5) None of these

Question No : 13

Which of the following cannot be called an anti inflationary measure?

(1) Raising the Bank Rates      

(2) Raising the Reserve Ratio Requirements

(3) Rationing of the Credit     

(4) Purchasing securities in the Open Markets

(5) None of these

Question No : 14

Which of the following terms is used in banking?

(1) Vacuum     

(2) Power        

(3) Density      

(4) Acoustics   

(5) Credit Card

Question No : 15

Which of the following villages received the first lot of UID numbers?

(1) Ankalgi in Maharashtra    

(2) Bedkihal in Karnatak        

(3) Tembhli in Maharashtra  

(4) Adampur in Bihar 

(5) None of these

Question No : 16

Which of the following is a source of income for Gram Panchayats?

(1) Income Tax            

(2) Professional Tax    

(3) Sales Tax

(4) Education cess       

(5) None of these

Question No : 17

Which of the following two states produce largest amount of tobacco?

(1) West Bengal and Maharashtra      

(2) Andhra Pradesh and Uttar Pradesh          

(3) Andhra Pradesh and Gujarat      

(4) Andhra Pradesh and Tamil Nadu 

(5) None of these

Question No : 18

Which of the following taxes is collected by State Government?

(1) Income tax             

(2) Excise duty            

(3) Land revenue

(4) Corporate tax        

(5) Education Cess

Question No : 19

Which of the following states is the largest in area?

(1) Rajasthan             

(2) Uttar Pradesh                    

(3) Kerala        

(4) Madhya Pradesh   

(5) Maharashtra

Question No : 20

The market in which long term securities such as stocks and bonds are bought and sold is

commonly known as ________

(1) Commodities Exchange     

(2) Capital Market                

(3) Bullion Market

(4) Forward Market   

(5) None of these