PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-14

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

 

Question No : 1

The Upper House of Indian Parliament is known as __________

(1) The Lok Sabha

(2) The Rajya Sabha

(3) The National Assembly

(4) The Indian Parliament

(5) None of these

Question No : 2

The Chairperson of the Lok Sabha is designated as ___________

(1) Chairman

(2) Speaker

(3) Vice President

(4) President

(5) None of these

Question No : 3

The term ‘checkmate’ is associated with the game of _________

(1) Chess

(2) Polo

(3) Swimming

(4) Wrestling

(5) Boxing

Question No : 4

Which of the following awards is NOT associated with the area of sports?

(1) Dhyanchand          

(2) Arjun

(3) Dronacharya

(4) Saraswati Samman

(5) Khel Ratna

Question No : 5

Industrial revolution started first of all in which country?

(1) France

(2) Germany

(3) England

(4) America

(5) None of these

Question No : 6

Which of the following is NOT a food crop?

(1) Wheat

(2) Barley

(3) Maize

(4) Gram

(5) Cotton

Question No : 7

Union Budget is always presented first in _________

(1) The Lok Sabha

(2) Meeting of the Union cabinet

(3) The Rajya Sabha

(4) Joint Session of the Parliament

(5) The State Assemblies

Question No : 8

As per the news published in various newspapers, the International Finance Corporation (IFC) is planning to invest in some finance companies in India, IFC is an investment unit of which of the following agencies/organisations?

(1) World Bank

(2) Asian Development Bank

(3) International Monetary Fund

(4) Federal Reserve (USA)

(5) None of these

Question No : 9

As we know the fiscal and monetary policy is reviewed quarterly and various policy rates are revised by the RBI. Why does RBI do this very frequently?

(1) RBI does it to put pressure on Government so that it does not spend money on unbudgeted projects/heads.

(2) It is done to lower down and stabilise inflation and thereby reduce the volatility of the business cycle in general.

(3) RBI does it to enhance its income policy rate, like CRR, SLR etc. which are basically income generating tools for the RBI.

(4) Reviews are done basically to attract foreign investors who are always interested in getting good return on their investments, If they do not get it here, they may put their money in other countries.

(5) None of these

Question No : 10

Which of the following is the objective of the National Food Security Mission (NFSM)?

(1) To increase the production of wheat, rice and pulses on a sustainable basis.

(2) To provide at least 40 kg. wheat or rice per month to each and every family residing in an urban area and 50 kg. wheat or rice per month to the families in rural areas on a subsidized cost of Rs.7 per kg.

(3) To make a stock of wheat and rice so that it can be exported to SAARC nations and sub-Saharan countries at a subsidized rate.

(4) To provide competitive price of their crop to the farmers.

(5) None of these

Question No : 11

Which of the following is an example of the instrument of Money Market in India?

(1) Shares of blue chip companies

(2) Certificate of deposits issued by Banks

(3) Gold and Gold Bonds

(4) National Savings Certificates

(5) None of these

Question No : 12

Which of the following points is NOT included in the “Prime Minister’s New 15 Point Programme for Welfare of Minorities”?

(1) Improving access to school education

(2) Modernising Madrassa education

(3) Self employment and wage employment for poor

(4) Equal share in rural housing schemes

(5) Construction of all weather roads in all the village’s having a population of 2000 and above

Question No : 13

Which one of the following terms/abbreviations is used by banks in their major day to day functions?

(1) RTGS

(2) NHPC

(3) CT Scan

(4) Carat

(5) Irish-linen

Question No : 14

Which of the following welfare schemes is NOT launched by the Government of India?

(1) Aam Admi Bima Yojana

(2) Scholarship for Minority Students

(3) Rashtriya Krishi Vikas Yojana

(4) National Food Security Mission

(5) Millennium Development Goals

Question No : 15

Which of the following is NOT a major commodity exported from India?

(1) Gem and Jewellery

(2) Uranium Ore

(3) Sugar

(4) Agricultural products

(5) Handicrafts

Question No : 16

Which of the following terms is used in the game of Cricket?

(1) Pack

(2) Roll up

(3) Yellow Ball

(4) Centre Line

(5) Off Break

Question No : 17

Which of the following programmes/missions launched by the Government of India is NOT in accordance with its pledge to address the issues of climate change?

(1) National Solar Mission

(2) National Mission on Sustainable Agriculture

(3) National Rural Health Mission

(4) National Mission on Energy Efficiency

(5) National Water Mission

Question No : 18

Which of the following is/are special measure(s) adopted by the government of India to promote exports?

(A) Announcement of Foreign Trade policy.

(B) Setting up Special Economic Zone.

(C) Preferential Trade Agreements.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) Only (B) and(C)

Question No : 19

All schools providing “Mid Day Meal” school children get food grains from

(1) NGOs working in this field

(2) Mandi Samitees functioning in various villages

(3) Food Corporation of India

(4) Panchayat Raj Institutes

(5) Open Market

Question No : 20

Which of the following service(s) does the Department of Post and Telegraph provide through its various post offices in India?

(A) Retailing of mutual funds and bonds.

(B) Dematerialisation of National Saving Certificates.

(C) Postal Finance Mart.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these