Question No : 1

Which of the following terms is associated with the game of ‘Golf’?

(1) Revoke

(2) Scratch

(3) Bogey

(4) Mallet

(5) Volley

Question No : 2

“Vachaspati Puraskars” are given by the

(1) Madhya Pradesh Government

(2) Bharatiya Vidya Bhawan Foundation

(3) Uttar Pradesh Hindi Academy

(4) Birla Foundation

(5) None of these

Question No : 3

Which of the following statement(s) is/are not true about the Judicial system in India?

(A) The President of India is the apex and final court of the judicial system in India

(B) The Supreme Court has the powers to prescribe the number of judges in a court

(C) Presently there are 21 high courts in India

(1) Only (A)

(2) Only (B)

(3) (A) and (B) only

(4) Only (C)

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

Question No : 4

Which of the following companies of Indian origin has become the first Indian Company to launch financial services to retail investors in China?

(1) Bajaj Finance

(2) Reliance Anil Dhirubhai Ambani Group

(3) SBI Capital Markets

(4) GE Countrywide

(5) None of these

Question No : 5

Many times we read in financial newspapers/magazines about “Share Swap” done by big corporates. What is “Share Swap”?

(A) A business takeover in which acquiring company uses its own stock to pay for the acquired company.

(B) When a company uses its own shares to get some short term loan for working capital  requirement, it is known as Share Swap.

(C) When companies are required to float a new issue to earn capital for their expansion programmes, each shareholder gets some additional preferential shares. The process of the  allotment of preferential share is known as Share Swap.

(1) Only (A)

(2) Only (B)

(3) Only (A) and (B)

(4) Only (C)

(5) None of these

Question No : 6

Which of the following countries is selected as a host of Common Wealth Games-2018?

(1) India

(2) Australia

(3) Pakistan

(4) South Africa

(5) Sri Lanka

Question No : 7

Very often we read in various newspapers about the activities of the Money Market? What are the main activities of the money market?

(A) It provides short term funds to the Government and public sector organisations.

(B) Businessman and others get short term funds to meet their day-to-day needs of the working capital.

(C) Money market is nothing but another name of the forex market. Only foreign currencies are purchased and sold there.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Both (A) and (B)

(5) None of these

Question No : 8

As we read in financial newspapers and economic journals/magazines in financial sector a time comes when the banks cannot lend money; in fact they start recalling their old loans and also raise the rate of interest. What message does it give to the business community?

(A) This creates an atmosphere where corporates impatiently start reducing their inventory holdings and cancel the unexecuted orders pending with the manufactures.

(B) Manufacturers start curtailing their scale of operations and start turning workers out of  employment.

(C) Workers also start curtailing their spending and the demand of the commodities goods/services get reduced as people buy less.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) (A) and (C) only

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

Question No : 9

Many times we read in financial newspapers/magazines that Government is making special efforts to bring stability in Indian economy. By this what goals Government of India is trying to achieve?

(A) Avoiding undesirable fluctuations in prices of the essential commodities.

(B) To ensure a sustainable rapid rate of growth.

(C) To ensure that people should have a gainful employment.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these

Question No : 10

Banks in the recent past have started many new delivery channels to make banking convenient for the customers. Which of the following is not a delivery channel adopted/developed by the banks?

(1) Tele Banking

(2) Automated Teller Machines (ATMs)

(3) Any branch Banking

(4) Operational Banking

(5) Internet Banking

Question No : 11

Which of the following crops occupies highest area in India?

(1) Wheat

(2) Sugarcane

(3) Maize

(4) Rice

(5) None of these

Question No : 12

Many times we read in financial newspapers/magazines and journals that Government is making efforts to inculcate habit of saving amongst the people. What is the correct definition of “saving”?

(A) This is the difference between the total income of an individual after deduction of all taxes and dues levied by the Government authorities.

B) This is the difference between aggregate income and aggregate consumption by an individual.

(C) This is the amount which every individual has to keep in his/ her bank account as the minimum balance.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Both (A) and (C)

(5) None of these

Question No : 13

Many times we read in newspaper about Micro Finance. Today Micro Finance is the most preferred route to meet the credit requirements of which of the following sections of the society?

(1) Big Corporate Houses

(2) Industrial units up to the investment of Rs.50 crores

(3) Poor and weaker sections of society

(4) High value individual customers

(5) None of these

Question No : 14

Every time RBI reviews its monetary and credit policy or makes certain corrections/adjustments in it, banks also normally revise their interest rates either upwardly or downwards. What impact does the interest rates put on overall economy if they are reduced little bit?

(A) It will bring down the interest burden of the corporates.

(B) The cost of the capital is also reduced.

(C) It will stimulate industrial growth and investment.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Only (A) and (B)

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

Question No : 15

Many times we read about the “Prime Lending Rate” charged by the banks. What is the meaning of Prime Lending Rate?

(A) The rate at which banks normally give loan to their most favoured customers.

(B) The rate at which banks get money from the RBI.

(C) The rate which is paid normally by the banks on their fixed deposits kept with them for a period of five years or above.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these

Question No : 16

As we all know banking is going through rapid changes worldwide and India is also not an exception. Which of the following is/are the major phenomena which has/have prompted changes in scenario of Indian Banking?

(A) Financial Sector Reforms.

(B) Globalisation.

(C) Government’s move for financial inclusion.

 (1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these

Question No : 17

Which of the following is not the name of the currency of a country?

(1) Rand

(2) Pound

(3) Dinar

(4) Ecuador

(5) Dollar

Question No : 18

As per the news published in major newspapers in India, Banks in India need about 12 lakh business correspondents for rural areas. What will be the role of these correspondents?

(A) They will help rural people in their day to day banking activities.

(B) They will work as a link between banks and the customers.

(C) They will ascertain eligibility of rural people so that relief packages can be provided to them.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these

Question No : 19

Some developed countries have suggested that in WTO negotiations process of determining “Special Products” (SPs) should be made more transparent. In WTO terminology what are these special products?

(1) The products which developing countries are allowed to shield from formula tariff cuts.

(2) The products, which are normally imported by the developing countries.

(3) Special products are those products which are highly perishable and cannot be preserved for a longer period.(fish, meat, milk, etc.)

(4) Products which are enjoying maximum subsidy by developed countries. Developing countries are not allowed to do that.

(5) None of these

Question No : 20

As we all know banks publish their quarterly performance to bring transparency in the system and also to give a clear picture of their performance to their public. How were results of Quarter 2 different from the results of Quarter-1 of the listed banks including giants like SBI and ICICI banks?

(A) Performance was subdued in the Quarter-2.

(B) Yields on advances of almost all listed banks have come down.

(C) Advances grew at a slower pace when compared to deposits.

(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