PREPARATORY QUESTIONS

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BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-08

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

 

Question No : 1

Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). SIPs are an investment option also operated in the mode of __.                                 

(1) Mutual Funds      

(2) Small Savings Schemes in Post Office                                         

(3) National Pension Fund      

(4) National Saving Certificates                      

(5) None of these

Question No : 2

Which of the following banks has created a network of 16000 branches and still growing?

(1) State Bank of India                      

(2) ICICI Bank

(3) Punjab National Bank        

(4) Axis Bank              

(5) None of these

Question No : 3

Which one of the following is not a good method of money investment?

(1) FDR                       

(2) LIC

(3) NSC           

(4) Lottery    

(5) None of these

Question No : 4

Which of the following was put into orbit by the ISRO for the first time in the microwave

band?

(1) Edusat       

(2) TECSAR    

(3) PSLV         

(4) ANUSAT   

(5) RITSAT    

Question No : 5

Who amongst the following has suggested to the banks in India to give details of fund transfers to customers via SMS/e-mails?                                           

(1) Reserve Bank of India (RBI)        

(3) Indian Institute of Banking and Finance             

(2) India Banks’ Association (IBA)     

(4) Securities and Exchange Board of India          

(5) None of these

Question No : 6

As per the new guidelines, which of the following taxes is/are now abolished?      

(A) Wealth Tax             (B) Fringe Benefit Tax        (C) Commodity Transaction Tax        

(1) Only (A)                

(2) Only (B)                

(3) Only (C)

(4) All (A), (B) and (C)           

(5) Only (B) and (C)

Question No : 7

Depreciation Account is called _____

(1) Personal Account  

(2) Impersonal Account

(3) Nominal Account  

(4) Real Account       

(5) None of these

Question No : 8

India has a plan to achieve a target of 200,000 MW power generation through which of the following modes by the year 2050?                                                    

 (1) Solar only                       

(2) Thermal only                    

(3) Nuclear only

(4) Hydro only                       

(5) All of these            

Question No : 9

Which of the following is most preferred cross border trade point between India and Pakistan as the maximum transaction takes place from there?                                     

 (1) Bikaner                 

(2) Ganga Nagar                     

(3) Wagah

(4) Mujaffarabad         

(5) None of these

Question No : 10

Which of the following is NOT amongst the top five purchaser of energy sold by other states

in India? 

(1) Andhra Pradesh    

(2) West Bengal                    

(3) Karnataka

(4) Maharashtra                      

(5) Tamil Nadu

Question No : 11

Which of the following is a chemical fertilizer?          

(1) Zinc oxide             

(2) Silver chloride                   

(3) Naptha

(4) Calcium carbonate 

(5) Murate of Potash (MOP)             

Question No : 12

Which of the following has launched the ‘Bank on Bike’ initiative to cover villages untouched by banking facilities so far?

(1) Bank of India                                

(2) Bank of Baroda                 

(3) SBI                                 

(4) Central Bank of India        

(5) None of these        

Question No : 13

Constitutional Amendments 73 and 74 are associated with ___

(1) Right to Information Act   

(2) Creation of the post of Ombudsman in banks      

(3) Panchayat Raj Institutions           

(4) Pay and Perks to the President of India    

(5) None of these

Question No : 14

Wimbledon Trophy is associated with game of ____

(1) Lawn Tennis        

(2) Cricket                  

(3) Chess

(4) Golf                       

(5) Hockey

Question No : 15

The short term loans given to the farmers are the loans given normally for a period of__

(1) three months                     

(2) six months             

(3) nine months

(4) one year              

(5) fifteen months

Question No : 16

The famous “123 Agreement” is closely associated with ____

(1) import of pharma products           

(2) subsidy to agricultural products

(3) Nuclear Energy   

(4) purchase of aircrafts from France

(5) None of these

Question No : 17

Which of the following is the biggest programme launched for school children has been very successful?                                                                  

(1) Antyodaya Yojana 

(2) Food for Work                  

(3) Mid Day Meal

(4) ASHA                    

(5) None of these        

Question No : 18

Green Box and Blue box measures relate to ____

(1) Nature of tariffs    

(2) Effect of subsidy

(3) Measures of pollution control       

(4) Patents for medicines        

(5) None of these

Question No : 19

Which of the following State Governments launched Jawahar Knowledge Centres to train rural youth?                                                                  

(1) Delhi                     

(2) Karnataka              

(3) Andhra Pradesh

(4) Tamil Nadu           

(5) None of these

Question No : 20

India started its five year planning with effect from the year ____

(1) 1955                       

(2) 1951         

(3) 1960           

(4) 1965           

(5) 1948