Direction (Qs.1-20): Study the following questions carefully and choose your answer from the given five options.
Question No : 1
“Navratna Status” is awarded to which of the following organisation/units?
(1) Those IITs/IIMs who are doing good research work
(2) Defence production units/factories who are showing good profits
(3) Any Public sector manufacturing unit doing well and earning good profits
(4) A public sector bank rated very high by the RBI in the area of customer service and recovery of NPAs
(5) None of theseQuestion No : 2
Indian citizens generally make investments in many schemes. Which of the following is not the name of any such scheme in which investment for the purpose of saving income tax can be made?
(1) National Savings Certificate
(2) White Papers
(3) Mutual Funds
(4) Infrastructure bonds
(5) LIC policiesQuestion No : 3
Which of the following has launched the ‘Everywhere Teller Machine’ (ETM) first time in
India?
(1) Stanchart Bank
(2) HDFC Bank
(3) SBI
(4) Axis Bank
(5) None of theseQuestion No : 4
For which game Viswanathan Anand is known?
(1) Chess
(2) Table Tennis
(3) Badminton
(4) Hockey
(5) None of theseQuestion No : 5
If some people wish to start a banking company in India, the certainly need a permission of the___
(1) Indian Banks’ Association
(2) Institute of Chartered Accounts in India
(3) Ministry of Finance
(4) Banking Ombudsman
(5) RBIQuestion No : 6
The number of people living Below Poverty Line (BPL) is maximum in _____.
(1) Gujarat
(2) Jammu and Kashmir
(3) Tamil Nadu
(4) Maharashtra
(5) OrissaQuestion No : 7
Basel Norms are related with further strengthening and performance of _______.
(1) Banking Industry
(2) Public sector manufacturing units
(3) Educational Institutes
(4) Hotels
(5) None of theseQuestion No : 8
The National Commodity and Derivatives Exchange Limited (NCDEX) is located in which of the following cities?
(1) Mumbai
(2) Kolkata
(3) Hyderabad
(4) Jaipur
(5) New DelhiQuestion No : 9
Many times we read in financial newspapers about the performance of the “core sectors” in Economy. Which of the following is NOT included in the core sector of the same?
(1) Coal
(2) Auto sector
(3) Steel
(4) Cement
(5) Oil & Petroleum sectorQuestion No : 10
‘OSCAR” Awards are given for the excellence in the field of
(1) Journalism
(2) Social Service
(3) Films
(4) Sports
(5) None of these
Question No : 11
“Micro Credit” means _________
(A) Loans of small amounts to people in unorganized sector
(B) Loans to Self Help Groups
(C) Loans amounting Rs.50 lakhs to Rs.5 crores to Medium and Small Industrial Units.
(1) Only (A)
(2) Only (B)
(3) Only (A) and (B)
(4) All (A), (B) and (C)
(5) None of theseQuestion No : 12
Which of the following banks has launched a new product “Defence Salary Package – Army”
for the jawans of the defence services in India?
(1) Bank of India
(2) Punjab National Bank
(3) Axis Bank
(4) State Bank of India
(5) ICICI BankQuestion No : 13
Economic Growth can be best measured by ___
(1) Growth of GDP
(2) Growth in real per capita GDP
(3) Poverty ratio
(4) Gini Coefficient
(5) None of theseQuestion No : 14
Which one of the following does not affect credit creation power of Commercial Banks?
(1) Cash reserve ratio
(2) Statutory liquidity ratio
(3) Capital adequacy ratio
(4) Cash-deposit ratio
(5) None of theseQuestion No : 15
The earlier ‘Food for Work Programme’ was converted into ___
(1) Intensive Area Development Programme
(2) Integrated Rural Development Programme
(3) National Rural Employment Programme
(4) Minimum Need Programme
(5) None of these
Question No : 16
As per the news published in various newspapers, the RBI has given its permission for cash withdrawal at “POS terminals”. What is the full form of “POS”?
(1) Permitted on Sale
(2) Potential of Service
(3) Point of Sale
(4) Permission of Sale
(5) None of theseQuestion No : 17
Which of the following is NOT a banking related term?
(1) SME Finance
(2) Overdraft
(3) Drawing power
(4) Sanctioning Authority
(5) EquinoxQuestion No : 18
“The Doing Business Report” is prepared by which of the following organisations every year?
(1) World Bank
(2) International Monetary Fund (IMF)
(3) Asian Development Bank
(4) World Trade Organisation
(5) None of theseQuestion No : 19
Bad loans in banking terminology are generally known as ________
(1) Prime Loans
(2) Prime Asset
(3) BPOs
(4) CBS
(5) NPAs
Question No : 20
Which of the following is NOT a Social Development Scheme launched by the Government of India?
(1) Indira Awas Yojana
(2) Kutir Jyoti
(3) Look East Policy
(4) Operation Black Board
(5) Mid Day Meal Scheme