PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-27

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

 

Question No : 1

The stock market index of London Stock Market is referred as

(1) Sensex

(2) Footsie (FTSE)

(3) Nifty

(4) Bullish

(5) None of these

Question No : 2

As we all know Ministry of Finance every year prepares Union Budget and present it to the Parliament. Which of the following is/are the elements of the Union Budget?

(A) Estimates of revenue and capital receipts.

(B) Ways and Means to raise the revenue.

(C) Estimates of expenditure.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these

Question No : 3

The Head of the State Bank of India is designated as ___

(1) Executive Director

(2) Governor

(3) Deputy Governor

(4) Director Incharge

(5) Chairman

Question No : 4

Inflationary gap measures the excess of aggregate expenditure over the aggregate supply at __

(1) Before full employment

(2) At full employment

(3) Beyond full employment

(4) Both (1) and (2)

(5) None of these

Question No : 5

The World Heritage Day is observed on _____

(1) March 18

(2) April 20

(3) March 20

(4) April 18

(5) May 27

Question No : 6

Which of the following Trophies/Cups is NOT associated with the game of Football?

(1) Durand Cup

(2) Santosh Trophy

(3) Federation cup

(4) Subroto Cup

(5) K D Singh Babu Trophy

Question No : 7

The Government of India is planning to provide an identify card to each one of its citizen with his/her personal details and identity marks. Which of the following agencies/organisation is going to implement this huge task?

(1) Election Commission of India

(2) Peoples’ Union for Civil Liberties

(3) Unique Identification Authority of India

(4) National Committee on Science and Technology

(5) None of these

Question No : 8

Which of the following countries is a Member of G- 8?

(1) Iran

(2) Turkey

(3) France

(4) Brazil

(5) China

Question No : 9

Which of the following taxes was levied on the buying/selling of various commodities on recognised exchanges in India? (It is withdrawn now)

(1) Fringe Benefit Tax

(2) Value Added Tax

(3) Central Sales Tax

(4) Securities Transaction Tax

(5) Commodity Transaction Tax

Question No : 10

As per the reports in various newspapers the Government has allowed 2200 different types of items to come to India from Singapore as Duty Free imports. This is being done under which of the following agreements with Singapore?

(1) Comprehensive Economic Cooperation Agreement

(2) Look East Policy of the Government of India

(3) Focus Africa Programme of India

(4) Own your cargo-ship scheme of the Shipping Corporation of India Ltd. (SCIL)

(5) None of these

Question No : 11

Which of the following cannot be called a horticultural crop?

(1) Apple

(2) Coconut

(3) Moong

(4) Sunflower

(5) Leafy Vegetables

Question No : 12

As we all know now every child in the age group of 6-14 years can demand that he/she should be admitted to a school to complete his/her primary/basic education. Enactment of which of the following acts has made it possible?

(1) Right to Information Act

(2) Abolition of Child Labour Act

(3) Equal Opportunities, Protection of Rights and Full Participation Act

(4) Competition Act

(5) None of these

Question No : 13

Which of the following is NOT a banking related term?

(1) Creditor

(2) Benchmark Prime Lending Rate

(3) Outstanding amount

(4) Explicit Guarantee

(5) Centre Pass

Question No : 14

As we all know Government is committed to provide employment of 100 days to the rural people in India. Which of the acts is enacted for the same?

(1) Competition Act

(2) National Rural Employment Guarantee Act

(3) Minimum Wages Act

(4) Right to Information Act

(5) None of these

Question No : 15

When a bank is financing an “International Business” it in fact, is involved in which of the following?

(1) Micro Finance

(2) Retail Banking

(3) Core Banking

(4) Trade Finance

(5) All of these

Question No : 16

Which of the following rivers does not flow into Bay of Bengal?

(1) Ganga

(2) Krishna

(3) Godavari

(4) Mahanadi

(5) Narmada

Question No : 17

 Which of the following awards is given by an Indian organisation?

(1) Normon Borloug Award

(2) Oscar Award

(3) Ramon Magsaysay Award

(4) Pulitzer Prize

(5) Man Booker Prize

Question No : 18

Which of the following schemes/products launched by the banks to provide instant loan facility to the farmers?

(1) Kisan Credit Card

(2) Krisht Bima Yojana

(3) Crop Loan Scheme

(4) Corporation Loan Scheme

(5) None of these

Question No : 19

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

(1) Love

(2) Tee

(3) Spin

(4) No Ball

(5) Penalty Stroke

Question No : 20

Insurance service provided by various banks is commonly known as ____

(1) Investment of Banking

(2) Risk Management

(3) Merchant Banking

(4) Bancassurance

(5) Micro Finance