Question No : 1

What is offshore banking?

(1) It is a bank located in the sea (i.e. island)

(2) It is a bank located in SEZ

(3) It is a bank located in a neighbouring country

(4) It is a bank located outside the country of residence of the depositor

(5) Offshore banking is basically dealing in foreign exchange

Question No : 2

Which of the following is Correct

(1) Illiterates cannot open any account in a bank

(2) Illiterate women cannot open any account in a bank

(3) Illiterates can open saving bank account in a bank

(4) Advance can be granted to a minor

(5) Advance can be granted to a minor if he is of sound mind

Question No : 3

EURO came into circulation since ____

(1) January 1, 1996

(2) January 1, 1997

(3) January 1, 1998

(4) January 1, 1999

(5) None of thes

Question No : 4

Which rivers flow between India and China?

(1) Ganga

(2) Narmada

(3) Brahmaputra

(4) Chambal

(5) Krishna

Question No : 5

What is the minimum prescribed age for the adult suffrage?

(1) 15 years

(2) 16 years

(3) 18 years

(4) 20 years

(5) 21 years

Question No : 6

Who among the following presides over the National Development Council?

(1) The elected members among the Chief Ministers of the States

(2) The Finance Minister of India

(3) The Speaker of Lok Sabha

(4) Prime Minister of India

(5) None of these

Question No : 7

Kuril Island is under territorial dispute between which countries?

(1) Japan and Russia

(2) South Korea and North Korea

(3) Japan and South Korea

(4) Japan and North Korea

(5) None of these

Question No : 8

Under Right to Education Act, the children of which of the following age groups are eligible to get free education?

(1) Upto 5 years

(2) Between 6 & 10 years

(3) Between 6 & 14 years

(4) Between 8 & 12 years

(5) None of these

Question No : 9

Gujarat is the largest producer of salt in India because:

(1) Besides producing salt from saline water it has reserves of rock salt

(2) It has extensive shallow seas

(3) Its coastal waters are very saline

(5) It has extensive dry coast

(5) None of these

Question No : 10

Which of the following statements is not correct?

(1) Wheat is grown in Punjab

(2) Saffron is produced in Himachal Pradesh

(3) Coffee is grown in Karnataka

(4) Tea is produced in Assam

(5) None of these

Question No : 11

Who is responsible to collect the Service Tax?

(1) Central Excise Department

(2) Income Tax Department

(3) Postal Department

(4) Commercial Tax Department of the State/Union Territory

(5) None of these

Question No : 12

The Indian Parliament consists of:

(1) Lok Sabha only

(2) Lok Sabha, Rajya Sabha and the President

(3) Lok Sabha and Rajya Sabha

(4) Lok Sabha and State assemblies

(5) None of these

Question No : 13

The formal or institutional credit delivery system in rural India comprises of which of the following?

(A) Cooperative credit Institutions

(B) Commercial Banks

(C) Regional Rural Banks

(D) Self Help Groups

(1) Only (A) and (B)

(2) Only (C) and (D)

(3) Only (A), (B) and(C)

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

(5) None of these

Question No : 14

The Reserve Bank of India has issued guidelines to banks on Pillar 2 of Basel II framework. Pillar 2 deals with which of the following

(A) Better human resource management.

(B) Adequate capital to support risks.

(C) Better profitability with minimum number of employees.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these

Question No : 15

A State Mission on Urban Poverty is formed by which of the following States in India?

(1) Gujarat

(2) Maharashtra

(3) Rajasthan

(4) Kerala

(5) Tamil Nadu

Question No : 16

Which of the following is NOT a department of the Ministry of Finance, Govt. of India?

(1) Department of Revenue

(2) Department of Foreign Investments

(3) Department of Expenditure

(4) Department of Economic Affairs

(5) Department of Disinvestments

Question No : 17

The term ‘food security’ implies ____

(1) sufficient supplies of food at affordable prices

(2) abundance of food with assurance to enjoy

(3) availability of food of superior and nutritions quality

(4) balanced food with secure conditions

(5) None of these

Question No : 18

The World Investment Report is published every year by___

(1) United Nations Conference on Trade and Development (UNCTAD)

(2) Govt. of India

(3) World Trade Organization (WTO)

(4) World Bank

(5) Asian development Bank (ADB)

Question No : 19

The National Illness Assistance Fund (NIAF) which was set up in 1997 is now known with a new name as __

(1) Pulse Polio Abhiyan (PPA)

(2) Integrated Disease Surveillance Project (IDSP)

(3) Rastriya Arogya Nidhi (RAN)

(4) National Health Mission (NHM)

(5) None of these

Question No : 20

Who among the following is the author of the book entitled, “To a Hunger-free World”?

(1) A. P. J. Abdul Kalam

(2) M. S. Swaminathan

(3) Jaswant Singh

(4) Nelson Mandela

(5) None of these