PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-51

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

 

Question No : 1

Many times we read about Future Trading in newspapers. What is ‘Future Trading’?

(A) It is nothing but a trade between any two stock exchanges where in it decided to purchase the stocks of each other on a fixed price throughout the year.

(B) It is an agreement two parties to buy or sell an underlying asset in the future at a predetermined price.

(C) It is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period of time.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these

Question No : 2

Inflation in India is measured on which of the following indexes/indicators?

(1) Cost of Living Index (COLI)

(2) Consumer Price Index

(3) Gross Domestic Product

(4) Wholesale Price Index (WPI)

(5) None of these

Question No : 3

The World Health Organisation has urged that advertisements of which of the following should be banned to protect youth from bad effects of the same?

(1) Tobacco

(2) Soft drinks with chemical preservatives

(3) Alcoholic drinks

(4) Junk Food

(5) None of these

Question No : 4

Which of the following names is NOT closely associated with space programme of India or any other country?

(1) CARTOSAT

(2) NLS-5

(3) RUBIN-8

(4) GSLV

(5) SCOPE

Question No : 5

Which of the following was the theme of the Olympic Torch?

(1) Journey of Harmony

(2) Green World Clean World

(3) Journey of Peace

(4) Journey for Hunger-free World

(5) None of these

Question No : 6

Which of the following schemes is NOT a social development Scheme?

(1) Indra Awas Yojana

(2) Mid Day Meal

(3) Bharat Shikasha Abhiyan

(4) Sarva Shikasha Abhiyan

(5) All the above

Question No : 7

Which of the following is NOT a member of ASEAN?

(1) Malaysia

(2) Indonesia

(3) Vietnam

(4) Britain

(5) Singapore

Question No : 8

Which of the following Awards are given for excellence in the field of Sports?

(1) Kalinga Prize

(2) Shanti Swarup Bhatnagar Award

(3) Arjuna Award

(4) Pulitzer Prize

(5) None of these

Question No : 9

Which of the following is grown in the cold climate of Kashmir?

(1) Coconut

(2) Palm

(3) Saffron

(4) Jute

(5) All these

Question No : 10

Which of the following organisations conducts programmes for educational, vocational and occupational development of socio-economically backward and disadvantaged people in rural and urban areas in India?

(1) Navodaya Vidyalayas

(2) Kasturba Gandhi Balika Vidyalayas

(3) Jan Shikshan Sansthan (JSS)

(4) Kendriya Vidyalayas (KVs)

(5) None of these

Question No : 11

Very often we hear about Financial Inclusion these days. What is financial inclusion? [Pick up the correct statement(s).]

(A) Providing access to financial services (banking/insurance) etc to the weaker sections of the society.

(B) Adequate and timely credit to vulnerable groups at an affordable cost

(C) To ensure that at least 33% of the general budget of each department/ministry goes to the schemes/plans for weaker sections of the society.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Both (A) and (B) only

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

Question No : 12

Lending to Self Help Groups (SHGs) by Banks is known as _____

(1) Non priority sector

(2) Priority sector

(3) Commercial sector

(4) Corporate Sector

(5) None of these

Question No : 13

Which of the following is NOT a plantation crop?

(1) Coconut

(2) Potato

(3) Oil Palm

(4) Cashew

(5) Rubber

Question No : 14

Which of the following terms is used in Rifle Shooting?

(1) Bull’s eye

(2) Smash

(3)Stroke

(4) Trump

(5) Punch

Question No : 15

Which of the following groups represents the two types of Inflation?

(1) Cost-push Inflation– Demand–pull Inflation

(2) Real Inflation – Artificial Inflation

(3) Total Inflation – Partial Inflation

(4) Wholesale price inflation – Purchasing power parity inflation

(5) None of these

Question No : 16

Many surveys done in the last few years by various Govt agencies have reported an increase in Rural Unemployment. What are the major causes of increase in rural unemployment?

(A) Old methods of agriculture

(B) Dependence on monsoon for agricultural activities

(C) Sharp increase in rural population

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Both (A) and (B) only

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

Question No : 17

In our rural areas people are engaged in many allied agricultural activities. Which of the following can not be considered one such activity?

(1) Fisheries

(2) Dairy farming

(3) Sheep Breeding

(4) Poultry farming

(5) Carpet Weaving

Question No : 18

Which programme was launched to provide housing to rural people?

(1) Indira Awas Yojana

(2) Slum Development Yojana

(3) Adarsh Basti Programme

(4) Valmiki Ambedkar Awas Yojana

(5) None of these

Question No : 19

Which of the following is not a part of Bulk Imports in our country?

(1) Fertilizers

(2) Iron & steel

(3) Handicrafts

(4) Edible Oil

(5) Non-ferrous metals

Question No : 20

Which of the following will be considered as an advance to Priority Sector by the banks?

(1) Credit to farmers for agricultural purposes

(2) Loan to a group of doctors to establish a hospital in a city

(3) Loan to a sick mill owner

(4) Loans given to purchase houses in posh colonies

(5) None of these