Question No : 1

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

(1) Credit worthiness

(2) Margin Money

(3) Payment gateway

(4) Polymerisation

(5) All are banking terms

Question No : 2

India has done an agreement with which of the following countries which is also known as ‘123 agreement’?

(1) Britain

(2) Russia

(3) USA

(4) France

(5) None of these

Question No : 3

‘Lhasa’ which was in news recently is a town in ___

(1) Myanmar

(2) Afghanistan

(3) Tibet

(4) Sri Lanka

(5) None of these

Question No : 4

The International Mothers’ Day is observed on the second Sunday of the month of ____

(1) June

(2) May

(3) July

(4) August

(5) April

Question No : 5

The ownership of Public sector banks rests______.

(1) Wholly with Government of India

(2) Jointly with Government of India and State Bank of India

(3) Wholly with shareholders from the public

(4) Jointly with Government of India and Reserve Bank of India

(5) Jointly with Government of India and shareholders from the public

Question No : 6

Grameen Bank which is known, as the bank of poors is an organisation based in _____

(1) Pakistan

(2) Sri Lanka

(3) India

(4) Nepal

(5) Bangladesh

Question No : 7

Which of the following awards is given by UNESCO to those who put their efforts to popularise use of science in life?

(1) Magsaysay Award

(2) Booker Prize

(3) Kalinga Award

(4) Kalidas Samman

(5) None of these

Question No : 8

Which of the following is the part of the name of a Public Sector Bank in India?

(1) Jindal

(2) Gokhale

(3) Jaipuria

(4) Tata

(5) Dena

Question No : 9

Double counting means ____

(1) Counting done two times

(2) Duplication in the counting of same commodity

(3) Counting done by two persons

(4) All the above

(5) None of these

Question No : 10

Which of the following is NOT a tax/duty levied by the Government of India?

(1) Income Tax

(2) Education Cess

(3) Service Tax

(4) Custom Duty

(5) Toll tax

Question No : 11

As per newspaper reports the inflation in India and China was at a very high level. In such a situation the Central Banks of these countries are required to follow ____

(1) a more liberal credit policy

(2) a very tight credit policy

(3) create an atmosphere of easy liquidity in the market

(4) raise the limits of personal and corporate income taxes

(5) None of these

Question No : 12

The Government of India has fixed some targets for various programmes for the entire plan period/or a part of it. Which of the following is/are TRUE about the Bharat Nirman Programme?

(A) The plan envisages irrigation of 10 million hectares additional land

(B) It is planned that about six hundred km. of new roads will be developed every month

(C) About 1000 new telephone connections will be given to rural areas every month so that by the end of the plan all villages in India are brought under telephone services network

(1) Only (A) is true

(2) Only (B) is true

(3) Only (C) is true

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

(5) None of these

Question No : 13

Which of the following can be called as a part of the Service Sector?

(1) Textile mills

(2) Banking

(3) Coal mines

(4) Agriculture

(5) None of these

Question No : 14

Many a times we read a term in financial newspapers GDR. What is the full form of the same?

(1) Gross Domestic Revenue

(2) Global Domestic Ratio

(3) Global Depository Receipt

(4) Gross Depository Revenue

(5) None of these

Question No : 15

Kuala Lumpur is the Capital of

(1) Bhutan

(2) Indonesia

(3) Malaysia

(4) Cambodia

(5) Thailand

Question No : 16

As per reports in the newspapers the Indian Rupee is appreciating these days. What does it really mean?

(A) The value of the rupee has gone up. It is now 110 paise and not 100 paise.

(B) The Exchange Rate of Rupee has gone up.

(C) Now we can purchase more in one rupee which was not possible earlier.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Both (A) and (B)

(5) None of these

Question No : 17

The Foreign Trade Policy announced in the year 2004 was announced for a period of _____

(1) two years

(2) three years

(3) four years

(4) five years

(5) ten years

Question No : 18

The US Federal Reserve had recently reduced the interest rates by 150 basis points in the last few months. This was done because _____

(1) US was going into recession

(2) Inflation was high in countries like India and China hence a correction in economic policies by all the countries was needed

(3) Euro had become attractive currency, hence US wanted to save dollars from further depreciation

(4) Iraq had become a very lucrative destination for foreign investment. US does not want it happen

(5) None of these

Question No : 19

Which of the following is NOT a banking related term?

(1) Portfolio Managemen

(2) Overdraft

(3) Proclamation

(4) Treasury Operatikons

(5) Merchant Banking

Question No : 20

The banking system in India has mainly two types of Credit Control systems, Quantitative and Qualitative. Which of the following is/are NOT Quantitative Credit Control (s)?

(A) Bank Rate

(B) CRR

(C) Margin Requirement

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Both (A) and (B)

(5) None is Quantitative credit control