Direction (Qs.1-20): Read the following questions carefully and choose your answer from the given five options.
Question No : 1
In order to strengthen the role of post offices in financial inclusion, which one of the following decisions has been taken by the Government?
(1) Post Offices can open ATMs
(2) Post Offices can enter into Private Public model
(3) Post Office should strengthen computerized framework
(4) Post Offices can appoint Sarpanch for providing basic services
(5) None of these
Question No : 2
India has decided to re-draw its borders with which one of the following countries?
(1) Bangladesh
(2) Nepal
(3) Bhutan
(4) China
(5) None of these
Question No : 3
To get tribal welfare funds from the Planning Commission, which one of the following targets should be achieved by the Districts?
(A) Implementation of Forests Rights Act.
(B) Strengthening of Panchayati Raj institutions
(C) Cent percent implementation of all the welfare programmes
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Only (A) and (B)
(5) All (A), (B) and (C)
Question No : 4
For inclusive growth and to alleviate poverty, which one of the following suggestions has been made in the current economic survey?
(A) Create a National Forest Land Bank only
(B) Privatisation of State-run SEZs only
(C) Transfer of Cash directly to beneficiaries
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) All (A), (B) and (C)
(5) Only (B) and (C)
Question No : 5
Which of the following is true about the ‘Universal Banking System’ a concept which has taken shape in India in recent past?
(A) Universal banking means a mix of commercial banking and investment banking.
(B) Universal banking means providing opportunity to bank with any bank in the world at any moment of time.
(C) Universal banking means only one or two major banks in the country providing all sorts of services to their clients.
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Only (A) and (B) both
(5) None of these
Question No : 6
Which of the following Acts is introduced specially to combat financing of terrorism and other illegal activities?
(1) Banking Regulation Act
(2) Fiscal Responsibility and Budget Management Act
(3) Anti Money Laundering Act
(4) Foreign Exchange Management Act
(5) None of these
Question No : 7
Which one of the following is the objective of Rajiv Awas Yojana?
(1) To make rural areas slum free
(2) To make semi urban areas slum free
(3) To make cities slum free across the country
(4) To provide affordable houses to the people across the country
(5) To provide economical housing to Central Govt, employees
Question No : 8
Which one of the following makes recommendations in respect of non-tax revenue in the Union Budget?
(1) Department of Expenditure
(2) Department of Economic Affairs
(3) Department of Revenue
(4) Planning Commission
(5) None of these
Question No : 9
What is an ‘Aadhaar’?
(1) It is the scheme by which unique number is issued by UIDAI to all Indian citizens
(2) It is a mid-day meal programme for schools
(3) It is a programme to provide food subsidy to people living below poverty line
(4) It is a programme meant for rural development
(5) None of these
Question No : 10
Which one of the following keeps a tab on accounts of the Govt. of India?
(1) The Planning Commission
(2) The comptroller and Auditor General
(3) Joint Parliamentary Committee
(4) Department of Expenditure
(5) None of these
Question No : 11
On which one of the following days does the Finance Minister present the Union Budget in the Lok Sabha?
(1) In the last week of Feb
(2) On the last working day of Feb
(3) On the last day of Feb
(4) In the last fortnight of Feb
(5) None of these
Question No : 12
In which one of the following currencies, India has decided to make payment to buy crude oil from Iran?
(1) Dollar
(2) Euro
(3) Yuan
(4) Yen
(5) Pound Sterling
Question No : 13
The concept of providing banking services to the poor and those staying in remote unbanked area is popularly known as _________
(1) Small Loan accounts
(2) Savings Bank Accounts
(3) Investment Banking
(4) Financial Inclusion
(5) SME Finance
Question No : 14
In India ‘NDDB’ means
(1) National District Development Board
(2) National Demand Development Board
(3) National Dairy Development Board
(4) National Deposit Development Board
(5) None of these
Question No : 15
Which of the following terms is used in Economics?
(1) Plasma
(2) Coulomb’s Law
(3) Achromatic
(4) Demand & Supply
(5) Pulse Rate
Question No : 16
Which of the following days is observed as ‘World Ozone Day’?
(1) 10th August
(2) 16th October
(3) 16th September
(4) 10th December
(5) 19th January
Question No : 17
Which of the following is an employment generating programme of the Govt. of India?
(1) ASHA
(2) Pulse Polio
(3) SJGSY
(4) Midday Meal
(5) Janani Suraksha
Question No : 18
Under Indira Gandhi National Old Age Pension Scheme (IGNOAPS), the benefits are given to the people with a minimum age of _______
(1) 50 years
(2) 55 years
(3) 65 years
(4) 60 years
(5) None of these
Question No : 19
Which one of the following banks creates credit?
(1) Commercial Banks
(2) Land Mortgage Banks
(3) Industrial Development Banks
(4) Reserve Bank of India
(5) None of these
Question No : 20
The World Health Organisation (WHO) has declared which of the following diseases as a ‘Global Pandemic’?
(1) Swine Flu
(2) AIDS
(3) Polio
(4) Malaria
(5) All of these