Question No : 1

The RBI has asked banks to spell out their policy, procedures and size of the business on which of the following aspects of banking?

(1) Wealth management

(2) Investments in secondary market

(3) On-shore banking

(4) Off-shore banking

(5) None of these

Question No : 2

Who amongst the following has asked banks to adopt ‘six step’ approach to prevent diversion of funds by the companies?

(1) Company Registrar

(2) SEBI

(3) RBI

(4) AMFI

(5) All of these

Question No : 3

Which one of the following countries has joined with BRIC?

(1) Indonesia

(2) Bangladesh

(3) South Africa

(4) China

(5) Argentina

Question No : 4

According to World Economic Forum, which one of the following risks is the greatest risk faced by the world in the year 2011?

(1) Credit Risk

(2) Country Risk

(3) Counterparty Risk

(4) Sovereign Default Risk

(5) None of these

Question No : 5

Expand the term GSLV.

(1) Global Satellite Launch Vehicle

(2) Geosynchronous Satellite Launch Vehicle

(3) Global Station Launch Vehicle

(4) Geosynchronous Station Launch Vehicle

(5) None of these

Question No : 6

Which one of the following advices has/have been given by leading Economists to Finance Minister during their pre-budget meeting with him?

(A) To take measures to boost farm productivity only.

(B) To improve supply of agricultural products only.

(C) To reduce the fiscal deficit only.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) Only (A) and (B)

Question No : 7

Which of the following terms is used in Banking Field?

(1) Interest Rate Swap

(2) Input Devices

(3) Sedimentary

(4) Zero Hour

(5) Privilege Motion

Question No : 8

On which one of the following issues can SEBI penalize any company in India?

(A) Violation of Banking Regulation Act.

(B) Violation of foreign portfolio investment guidelines.

(C) For violation of Negotiable Instrument Act.

(1) Only (A)

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

(3) Only (A) and (B)

(4) Only (B) and (C)

(5) Only (B)

Question No : 9

In the opinion of the Governor of Reserve Bank of India, which one of the following is the reason owing to which India’s inflation is accelerating?

(1) Excess liquidity in market

(2) Speculation in essential goods

(3) Higher food cost

(4) Commodities futures

(5) None of these

Question No : 10

In opinion of the RBI, which one of the following is/are a threat to the smooth functioning of Indian Companies?

(A) Rising inputs costs

(B) High interest rates

(C) Inflation only

(1) Only (A)

(2) Only (B)

(3) Only (A) and (B)

(4) Only (C)

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

Question No : 11

Expand the term ALM as used in Banking/Finance secto

(1) Asset Liability Mismatch

(2) Asset Liability Maturity

(3) Asset Liability Management

(4) Asset Liability Manpower

(5) None of these

Question No : 12

What is the full form of the term LIBOR as used in financial/banking sectors?

(1) Local Indian Bank Offered Rate

(2) London-India Bureau of Regulations

(3) Liberal International Bank Official Ratio

(4) London Inter Bank Offered Rate

(5) None of these

Question No : 13

Which one of the following is largest producer of power in India?

(1) Reliance Power

(2) National Hydro Power

(3) Tata power

(4) Adani Power

(5) NTPC

Question No : 14

Which one of the following decisions has been taken by Govt. in respect of MGNREGA?

(1) The wages should be revised by the State Governments

(2) The wages are to be revised by Planning Commission

(3) The District Authorities who allot work can give differential wages

(4) The wages shall be linked to inflation

(5) None of these

Question No : 15

With which one of the following activities, Golden Globe Awards are associated?

(1) Journalism

(2) Social work

(3) Peace initiatives

(4) Films

(5) None of these

Question No : 16

Which of the following states tops in primary, upper primary education in India?

(1) Tamil Nadu

(2) Haryana

(3) Gujarat

(4) Kerala

(5) None of these

Question No : 17

Which of the following is the correct definition of the term commercial papers?

(A) It is nothing but the popular name of the Judicial stamp papers used to register financial   transactions.

(B) It is one of the instruments through which Corporates raise debt from the market.

(C) It is the name of the “Certificate of Deposits” provided by the Banks to its retail customers.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Both (A) and (B)

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

Question No : 18

As per the Government policy the provision of the subsidy for interest subvention to co-operative Sugar Mills is done by which of the following agencies/organisations?

(1) Commission for Agricultural costs and prices

(2) National Bank for Agricultural and Rural Development

(3) Ministry of Agriculture

(4) National Commission on Farmers

(5) None of these

Question No : 19

Which of the following is not a negotiable instrument?

(1) Demand draft

(2) Electronic cheque

(3) Banker’s Pay order

(4) Fixed deposit receipt

(5) None of these

Question No : 20

Many a times we read in the newspapers a term ‘HOT MONEY’. Which of the following is the correct definition of HOT MONEY?

(A) This is the fund which is dumped into a country to get the advantage of a favourable interest rate and hence brings higher returns.

(B) This is the fund which is provided by a band in US $ at very short notice and at a very high rate of interest and for a longer period of repayment.

(C) This is the fund which is pushed into market through Hawala or some other such illegal methods and sometimes referred also as Black Money.

(1) Only (A) is correct

(2) Both (A) and (B) are correct

(3) Only (C) is correct

(4) Both (A) and (C) are correct

(5) Only (B) is correct