Question No : 1

Budget is known as ______

(1) Financial Statement

(2) Financial Statement of the year

(3) Annual Budget

(4) It has no other name

(5) None of these

Question No : 2

For home saving, following is the best option ____

(1) Post Office

(2) Banks

(3) Both (A) and (B)

(4) Private agency

(5) None of these

Question No : 3

“Mumbai Gold Cup” is associated with the game of __________

(1)  Cricket

(2) Football

(3) Hockey

(4) Badminton

(5) Lawn Tennis

Question No : 4

Which of the following is NOT a banking related or financial term?

(1) Credit worthiness

(2) Margin Money

(3) Payment gateway

(4) Polymerization

(5) All are banking terms

Question No : 5

Which of the following is/are NOT called the types of Inflation?

(A) Cost push

(B) Real wages

(C) Demand pull

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Only (A) and (C)

(5) Only (B) and (C)

Question No : 6

The first Stock Exchange in India was established in _______

(1) Calcutta

(2) Delhi

(3) Bombay

(4) Madras

(5) None of these

Question No : 7

FEMA stands for _______

(1) Foreign Exchange Management Act

(2) Funds Exchange Management Act

(3) Finance Enhancement Monetary Act

(4) Future Exchange Management Act

(5) None of these

Question No : 8

Which of the following cannot be called as a debt instrument as referred in financial transaction?

(1) Certificate of deposit

(2) Bonds

(3) Stocks

(4) Commercial Papers

(5) Loans

Question No : 9

Many a time we read in the news-papers the RBI has changed or revised a particular ratio/rate by a few basis points, What is basis point -

(1) one hundredth of 1%

(2) Ten percent of one hundredth point

(3) one hundredth of 10%

(4) Ten percent of 1000

(5) None of these

Question No : 10

Which one of the following companies is the largest producer of natural gas in the country -

(1) ONGC

(2) OIL

(3) Cairn India

(4) RIL

(5) None of these

Question No : 11

Which one of the following is the first High Court in India, implemented the concept of          ‘e-courts’ ?

(1) Delhi

(2) Bihar

(3) Chennai

(4) Kolkata

(5) None of these

Question No : 12

Which of the following games is NOT included in ‘Olympic Games’?

(1) Tennis

(2) Football

(3) Hockey

(4) Weight lifting

(5) Cricket

Question No : 13

Which of the following rates decided by the RBI is called “Policy Rate”?

(1) Lending Rate

(2) Cash Reserve Ratio

(3) Bank Rate

(4) Deposit Rate

(5) Exchange Rate

Question No : 14

India is fighting for a permanent seat in ______.

(1) UN Security Council

(2) UN General Assembly

(3) World Trade Organisation

(4) G-20

(5) G-8

Question No : 15

Loan given by the banks to farmers/small shop owners etc. is known as ______.

(1) Corporate Loan

(2) Non profitable Loan

(3) Priority Sector Loan

(4) Commercial Loan

(5) Business Loan

Question No : 16

What is full form of ‘2G’ a term we see frequently in newspapers?

(1) Second Grade

(2) Two Geostationary

(3) Twin Global

(4) Second Generation

(5) None of these

Question No : 17

Which of the following is the currency of Iran?

(1) Dinar

(2) Baht

(3) Dollar

(4) Taka

(5) Rial

Question No : 18

As per newspaper reports’ one of the major Public Sector Banks sold out its Rs.1500 cr. Loan to IIFCL. This type of buying and selling of loans in banking sector is popularly known as ___.

(1) take out financing

(2) teaser rate financing

(3) infrastructure financing

(4) developmental financing

(5) None of these

Question No : 19

Which of the following countries won maximum number of Gold Medals in XIX Commonwealth Games held in Delhi in October 2010?

(1) India

(2) Canada

(3) Australia

(4) Kenya

(5) South Africa

Question No : 20

As per the reports, the collection of direct taxes has gone up by about 19% in last few months. Which of the following agencies releases the figures about tax collection?

(1) Central Statistical Organisation

(2) Reserve Bank of India

(3) Department of Income Tax

(4) Central Board of Direct Taxes

(5) None of these