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 committees recommended the revival of Cooperative Credit institutions in states?
(1) Vaidyanathan Committee
(2) Rangarajan Committee
(3) Sachchar Committee
(4) Rakesh Mohan Committee
(5) None of these
Question No : 2
At present the inter-city transfer of fund takes around seven days and intra-city transfer about three days’ time. Which of the following facilities launched by RBI will enable banks to transfer funds instantly?
(1) Liquidity Adjustment Facility (LAF)
(2) National Electronic Fund Transfer (NEFT)
(3) Core Banking Solutions
(4) Internet Banking
(5) None of these
Question No : 3
Who amongst the following appoints Banking Ombudsman man in each state?
(1) Registrar of Companies
(2) Ministry of Social Welfare, Government of India
(3) The President of India
(4) The Reserve Bank of India
(5) None of these
Question No : 4
The Indian Institute of Science, which is located in __________
(1) New Delhi
(2) Kolkata
(3) Hyderabad
(4) Cochin
(5) Bangalore
Question No : 5
The Government of which of the following states recently (2006) took a decision to hand over ration shops to women’s Self Help Groups (SHGs)?
(1) West Bengal
(2) Tamil Nadu
(3) Gujarat
(4) Maharashtra
(5) None of these
Question No : 6
Which of the following is NOT one of the schemes under which the beneficiaries get either cooked meals or foodgrains as a part of their wages/benefits?
(1) Sampoorna Grameen Rozgar Yojana
(2) Mid Day Meal
(3) Antyodaya Anna Yojana
(4) National Rural Employment Guarantee Scheme
(5) None of these
Question No : 7
The Finance Commission is appointed by the President of India after a gap of every
(1) 2 years
(2) 3 years
(3) 4 years
(4) 5 years
(5) None of these
Question No : 8
The simultaneous buying and selling of securities, currencies or commodities in different markets or in derivatives to take advantage of different prices is known as
(1) Liquidity Adjustment Facility
(2) Merchant Banking
(3) Arbitrage
(4) Demutualization
(5) None of these
Question No : 9
Which of the following is the full form of ‘JETRO’?
(1) Joint External Trade Organisation
(2) Japan External Trade Organisation
(3) Japan Export and Trade Organisation
(4) Joint Export and Trade Organisation
(5) None of these
Question No : 10
The Government of India decided to create a ‘Specific Financing Window’ for its ‘Mega Bharat Nirman Programme.’ This specific financing window will operate through
(1) SIDBI
(2) A group of selected cooperative Banks
(3) State Bank of India
(4) NABARD
(5) None of these
Question No : 11
With which one of the following is ‘H5N1’ virus connected?
(1) Bird Flu
(2) HIV
(3) Malaria
(4) Cholera
(5) None of these
Question No : 12
Which of the following is NOT a missile developed in India?
(1) Akash
(2) Dhanush
(3) Nag
(4) Prithvi
(5) Tejas
Question No : 13
Which of the following is NOT a viral disease?
(1) AIDS
(2) Measles
(3) Diphteria
(4) Influenza
(5) Rabies
Question No : 14
‘Nobel Prizes’ are not given for contribution in which of the following fields?
(1) Economics
(2) Chemistry
(3) Physics
(4) Literature
(5) Music
Question No : 15
Golden Revolution refers to ____
(1) Sericulture
(2) Horticulture
(3) Apiculture
(4) Viticulture
(5) None of these
Question No : 16
In India the Foreign Direct Investment (FDI) Statistics are published by two official sources. These are
(1) Central Statistical Organisation and FICCI
(2) Reserve Bank of India and Indian Banks’ Association
(3) Reserve Bank of India and Secretariat for Industrial Assistance (SIA)
(4) Central Statistical Organisation and RBI
(5) None of these
Question No : 17
On which of the following dates was the ‘World Tuberculosis Day’ observed?
(1) 23rd March
(2) 23rd May
(3) 23rd February
(4) 23rd January
(5) None of these
Question No : 18
Which of the following statements is true about the income tax benefits to the companies who have spent huge amounts on Voluntary Retirement Schemes (VRS)?
(A) Such companies are allowed to get exemptions on income tax.
(B) Such companies are allowed to get full exemptions on income tax.
(C) This concession on income tax is available only to those companies who made VRS payments before 2000-01.
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Only (B) and (C)
(5) None of these
Question No : 19
The 52-week average inflation rate is based on
(1) Retail Price Index
(2) Industrial Price Index
(3) Wholesale Price Index
(4) Select Commodities Price Index
(5) None of these
Question No : 20
A customer drawing a cheque on a bank has a right to ____
(1) Take back the cheque from the bank after it is paid
(2) Take back the cheque from the bank after it is paid with the permission of RBI
(3) Stop payment of the cheque before it is paid
(4) Stop payment of the cheque after it is paid
(5) Stop payment of the cheque before it is issued