PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-06

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 a form of irrigation used in India?

(1) Dip                      

(2) Booting                 

(3) Amalga      

(4) Extension Service  

(5) None of these

Question No : 2

The headquarters of Asian Development Bank is at __________

(1) Geneva      

(2) Manila     

(3) Washington           

(4) London     

(5) New Delhi

Question No : 3

When is the budget traditionally presented in the Parliament?

(1) Last week of February    

(2) Last week of March          

(3) First week of April

(4) Last working day of February      

(5) First day of March

Question No : 4

Which of the following instruments is not issued by a bank?

(1) Demand draft       

(2) Pay Order                                     

(3) Credit Cheque

(4) Gift Card               

(5) National Savings Certificate

Question No : 5

Which of the following aptly describes the objectives of fiscal policy?

(A) Increase in capital formation.       

(B) To achieve desirable employment level.

(C) To achieve desirable consumption level.

(1) Only (A)                

(2) Only (B)                

(3) Only (C)  

(4) All (A), (B) and (C)         

(5) Only (A) and (C)

Question No : 6

Which of the following is NOT a Private Bank in India?

(1) Yes Bank               

(2) HDFC Bank                       

(3) Axis Bank

(4) Kotak Mahindra Bank       

(5) IDBI Bank

Question No : 7

The Govt. of India and RBI are making all the efforts to provide Banking facilities to all the

villages/habitations in the country. This is the part of their policy of

(1) PURA                    

(2) Pradhan Mantri Adarsh Gram Yojana

(3) Financial Inclusion           

(4) Swawalamban                   

(5) None of these

Question No : 8

Which of the following is/are NOT the functions of a bank?

(A) Accepting deposits from the public.         

(B) Grant of loans and advances.

(C) Providing finance to all those who cannot earn enough to survive.

(1) Only (A)                

(2) Only (B)                

(3) Only (C)

(4) Only (B) and (C)   

(5) All (A), (B) and (C)           

Question No : 9

Farmers in India are covered by some welfare schemes. Which of the following is the name of the same?

(1) Swasthya Bima Yojana      

(2) National Pension Scheme for unorganized sector 

(3) Food for work scheme      

(4) Varsha Bima Yojana         

(5) None of these

Question No : 10

Which of the following Awards is given to a sports coach?

(1) Arjuna Award       

(2) Khel Ratna Puraskar

(3) Sportsman of the year Award       

(4) Dronacharya Award       

(5) None of these

Question No : 11

What is the purpose of Mahatma Gandhi National Rural Employment Guarantee Act?

(1) To provide employment to all those who are unemployed

(2) To provide 100 days employment to those who are willing to take a job

(3) To ensure that nobody in a village remains unemployed

(4) To ensure that people get enough income during off season        

(5) None of these

Question No : 12

Which of the following is the major marine food export item of India?

(1) Frozen Fish                      

(2) Frozen Shrimp                  

(3) Frozen Crab

(4) Cephalopod                       

(5) None of these

Question No : 13

Which of the following countries is a major producer of Jute?

(1) Pakistan                 

(2) Afghanistan                       

(3) Sri Lanka

(4) Bangladesh                      

(5) South Africa

Question No : 14

Which of the following is NOT the part of the organized sector of India Money Market?

(1) Mutual Funds        

(2) Non-Banking Financial Companies           

(3) Unit Trust of India

(4) Reserve Bank of India       

(5) Chit funds 

Question No : 15

When too much money is available to purchase a commodity which is in short supply, the

situation is known as which of the following?

(1) Deflation               

(2) Inflation               

(3) Recession

(4) Black Marketing    

(5) All the above

Question No : 16

Which cooking oil has the highest amount of essential fatty acids?

(1) Coconut oil            

(2) Sunflower oil       

(3) Castor oil  

(4) Groundnut oil       

(5) None of these

Question No : 17

The first general election was held in India in _________

(1) 1951-52    

(2) 1962-63      

(3) 1957-58      

(4) 1947-48      

(5) 1949-50

Question No : 18

Which of the following trophies/cups is NOT associated with the game of Football?

(1) Challenge Cup     

(2) Nehru Gold Cup   

(3) Carling Cup                       

(4) FIFA World Cup   

(5) Merdeka Cup

Question No : 19

Which one of the following taxes/cess is levied by States in India?

(1) Tax on Motor vehicles     

(2) Educational cess

(3) Tax on hotels                     

(4) Tax on wealth                   

(5) All of these

Question No : 20

Who among the following has been declared as Businessman of the decade?

(1) Mukesh Ambani    

(2) Anil Ambani                      

(3) Ratan Tata

(4) Azim Premji                      

(5) Aditya Birla