PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-39

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

 

Question No : 1

Which of the following is the Capital of Vietnam?

(1) Jakarta

(2) Manila

(3) Hanoi

(4) Prague

(5) Suva

Question No : 2

Economy of which of the following countries is passing through a crisis and the Government is seeking help of European Union countries to stabilize the same?

(1) Greece

(2) Russia

(3) China

(4) Japan

(5) Canada

Question No : 3

Which type of insurance is legally compulsory?

(1) Marine Insurance

(2) Life Insurance

(3) Motor Insurance

(4) Fire Insurance

(5) None of these

Question No : 4

Which of the following Awards is given by the Govt. of Madhya Pradesh for excellence in the field of classical music/dance etc.?

(1) Saraswati Samman

(2) Shanti Swarup Bhatnagar Award

(3) Kalidas Samman

(4) Sahitya Akademi Award

(5) Vyas Samma

Question No : 5

‘Manhattan’ is a town/city in

(1) United Kingdom

(2) Canada

(3) Australia

(4) Japan

(5) U.S.A

Question No : 6

Term ‘Insider Trading’ is associated with _____

(1) Stock markets

(2) Defence services

(3) Parliamentary procedures

(4) Book publishing business

(5) Sports

Question No : 7

Which of the following agencies/bodies controls Football matches at international levels?

(1) FIFA

(2) BCCI

(3) ATP

(4) MCC

(5) FEDAI

Question No : 8

Which of the following Awards is given to a Sportsperson for his/her excellent performance?

(1) Kalidas Samman

(2) Dronacharya Award

(3) Dadasaheb Phalke Award

(4) Saraswati Puraskar

(5) Arjuna Award

Question No : 9

For using safe deposit locker facilities, bank customers pay

(1) commission on locker

(2) safe custody charges

(3) rent on locker

(4) interest on locker

(5) exchange on locker

Question No : 10

Bank rate means the rate of interest ____

(1) Paid by banks to depositors

(2) Charged by RBI on loans given to commercial banks

(3) Charged on inter-bank loans

(4) Charged by banks from borrowers

(5) None of these

Question No : 11

Which of the following is not a function of the RBI?

(1) Maintaining Forex

(2) Deciding Bank Rate, CRR and SLR from time to time

(3) Currency Management

(4) Opening savings Accounts for general public

(5) Prescribing the Capital Adequacy Ratio

Question No : 12

Which of the following is NOT an anti poverty scheme launched by the Government of India?

(1) Bharat Nirman

(2) M G National Rural Employment Guarantee Act

(3) Annapurna Yojana

(4) Antyodaya Yojana

(5) None of these

Question No : 13

Which of the following terms is used in Finance and Banking?

(1) Line of Sight

(2) Scattering Loss

(3) Revenue

(4) Oscillation

(5) Shielding

Question No : 14

What is the full form of ‘IMF’?

(1) Indian Monetary Fund

(2) International Monetary Fund

(3) International Money Forum

(4) Institute of Money and Finance

(5) None of these

Question No : 15

Which of the following is called a ‘Cash Crop’?

(1) Wheat

(2) Jowar

(3) Paddy

(4) Bahra

(5) Sugarcane

Question No : 16

‘Financial Inclusion’ is the latest powerful tool adopted by Reserve Bank of India, to fulfill the basic objective of

(1) uplifting of population lying Below Poverty Line

(2) Connecting every Indian to the Country’s Banking System

(3) Ensuring bank finance to all the landless agriculturists

(4) Overall financial growth backed by inflation control

(5) Inclusion of latest technology in Financial Sector of the Country

Question No : 17

One of the following functions does not fall within the purview of commercial banks. Which is that function?

(1) To issue currency notes

(2) To borrow money

(3) To lend money

(4) To provide lockers

(5) None of these

Question No : 18

The higher rate of growth of economy certainly reduces the

(1) Gender inequalities

(2) Flow of foreign direct investment

(3) Population of a country

(4) Poverty

(5) None of these

Question No : 19

‘RBI’ policy stance to manage interest and liquidity are used for

(1) Moderate inflation and maintain economic growth

(2) Moderating competition among private and public sector banks

(3) Eradicate un employment in public sector.

(4) Moderate currency supply in public hands

(5) Moderate deposits in public sector banks

Question No : 20

Which of the following is NOT a member of Organisation of Petroleum Exporting countries (OPEC)?

(1) Iran

(2) Kuwait

(3) Libya

(4) China

(5) Indonesia