Question No : 1

As per the reports in some international financial newspapers which of the following countries lent more money to others than the World Bank?

(1) USA

(2) Russia

(3) China

(4) UK

(5) Australia

Question No : 2

Which of the following is NOT a method of estimating National Income?

(1) Expenditure method

(2) Product method

(3) Matrix method

(4) Income method

(5) None of these

Question No : 3

Fiscal Policy is concerned with which of the following?

(1) Export and Import

(2) Public Revenue and Expenditure

(3) Issue of Currency

(4) Population Control

(5) Education for all

Question No : 4

As per Union Budget 2011-12, for tax purposes person above 80 years of age will be categorized as ______

(1) Old citizen

(2) Non Tax Payers

(3) Senior Citizen

(4) Super Senior Citizen

(5) Special Tax Payers

Question No : 5

Which of the following is the apex institution which handles refinance for agriculture and rural development in India?

(1) RBI

(2) SIDBI

(3) NABARD

(4) SEBI

(5) None of these

Question No : 6

Foreign Exchange Reserves of India are kept in the custody of which of the following?

(1) World Bank

(2) Asian Development Bank

(3) RBI

(4) International Monetary fund

(5) Government Treasury

Question No : 7

The Experts Group chaired by the Prime Minister’s Economic Advisory Council Chairman,    C. Rangarajan favours mandatory entitlement of subsidised foodgrains to the ‘priority’ category. Priority Category means _______

(1) Below the Poverty Line

(2) Above the Poverty Line

(3) Creamy layer

(4) Non creamy layer

(5) None of these

Question No : 8

Minimum Alternate Tax is levied on ______

(1) Gross profits of a firm

(2) Reserves of a firm

(3) Bank profit of firm

(4) Deemed exports

(5) None of these

Question No : 9

The Price Minister of India is _______

(1) Elected

(2) Appointed

(3) Nominated

(4) Selected

(5) None of these

Question No : 10

Bank rate is decided by which of the following?

(1) RBI

(2) Govt. of India

(3) SEBI

(4) IBA

(5) NABARD

Question No : 11

FDI refers to ______

(1) Fixed Deposit Interest

(2) Fixed Deposit Investment

(3) Foreign Direct Investment

(4) Future Derivative Investment

(5) None of these

Question No : 12

State Financial Corporations give assistance mainly to develop which of the following?

(1) Agricultural sector

(2) Cotton industry

(3) Coal mines

(4) Large scale industries

(5) Small and medium scale industries

Question No : 13

Which of the following terms is used in Banking?

(1) Epicenter

(2) Pascal’s Law

(3) Currency

(4) Latitude

(5) Centre of Gravity

Question No : 14

The Green revolution in India was the outcome of the efforts of who amongst the following?

(1) Dr. M.S. Swaminathan

(2) Dr. C. Rangarajan

(3) Mr. K.V. Kamath

(4) Dr. Rakesh Mohan

(5) None of these

Question No : 15

Several Public Sector organizations like ONGC, SAIL and NTPC received ‘Scope Award’. The award, is given for which of the following?

(1) Earning the highest profit amongst all PSUs

(2) For creating the maximum number of jobs in a year

(3) For donating the maximum amount in Pradhan Mantri Rahat Kosh in a year

(4) For cutting down expenditure by 50% or more in a year to wipe out losses made in the previous year

(5) Best Corporate Governance

Question No : 16

Banks are required to take permission from which of the following before opening a new branch?

(1) Reserve Bank

(2) Securities and Exchange Board of India

(3) Indian Banks’ Association

(4) Planning Commission of India

(5) All of these

Question No : 17

NREGA programme is related to which of the following?

(1) Skill Development

(2) Creation of man days of work

(3) Regular employment

(4) Rural capital formation

(5) None of these

Question No : 18

Which of the following is NOT the name of a bank having branches in India?

(1) State Bank of India

(2) Neyveli Lignite Corporation

(3) Barclays

(4) HSBC

(5) Punjab National Bank

Question No : 19

Jago Grahak Jago” is an initiative towards ___

(1) rural development

(2) consumer education and awareness

(3) sustainable growth

(4) prevention of child abuse

(5) None of these

Question No : 20

Which of the following revolutions launched in India several years ago made itself sufficient in the production of food grains?

(1) White Revolution

(2) Yellow Revolution

(3) August Kranti

(4) Blue Revolution