PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-56

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 the performance of Asian Markets in various financial newspapers. Which of the following is NOT included in Asian Market?

(1) Japan

(2) China

(3) Hong Kong

(4) South Korea

(5) Brazil

Question No : 2

As per news in various newspapers ‘kfw’ group released another installment of its financial aid to India. Kfw is an organization/bank based in _______

(1) France

(2) Japan

(3) Italy

(4) China

(5) Germany

Question No : 3

As per existing policy, new foreign investments in manufacturing of which of the following is not allowed?

(1) White cement

(2) Plastic goods

(3) Cigarette and Cigars

(4) Polythene bags

(5) Pesticides

Question No : 4

Which of the following countries has become the main supplier of Defence goods to India and has replaced Russia?

(1) Canada

(2) USA

(3) Israel

(4) France

(5) None of these

Question No : 5

Which of the following agencies/organisations has decided to make major changes for ULIPs?

(1) IRDA

(2) RBI

(3) AMFI

(4) FRBI

(5) None of these

Question No : 6

India’s political relations with its neighbouring countries are a critical part of its _______

(1) Industrial policy

(2) Foreign policy

(3) Trade policy

(4) Development policy

(5) None of these

Question No : 7

Which of the following is the name of the programme launched by the Government of India to help lonely women by providing vocational training to make them self dependent?

(1) Apnalaya

(2) Prayas

(3) Abhiyogyata

(4) Swadhar

(5) Swawlamban

Question No : 8

Which of the following is NOT a financial term?

(1) Acid Test

(2) Double Fault

(3) Gross Profit

(4) Depreciation

(5) Both (1) and (2)

Question No : 9

In the terms of economics, the recession occurring two times with a small gap in between is known as _______

(1) Double Deflation

(2) Deep Recession

(3) Deflation

(4) Double Dip Recession

(5) None of these

Question No : 10

Which of the following terms is NOT used in Economics?

(1) Balance of Payment

(2) Call Money

(3) National Debt

(4) Elasticity of Demand

(5) Boyl’s Law

Question No : 11

The concept of “Carbon Credit” is associated with which of the following areas?

(1) Protection of environment

(2) Development of rural infrastructure

(3) Women empowerment

(4) Development of coal mines

(5) None of these

Question No : 12

Which of the following ministries/departments operates the “Village Grain Bank’s Schemes”?

(1) Ministry of Tribal Welfare

(2) Department of Food & Public Distribution

(3) Department of Social Welfare

(4) Ministry of Forest

(5) None of these

Question No : 13

Which of the following is not a function of the Exim Bank of India?

(1) Financing of joint ventures in foreign countries

(2) Loans to Indian parties for contributing to share capital of joint ventures abroad

(3) Financing of export and import of goods and services

(4) Inspection of exported goods for quality assurance

(5) None of these

Question No : 14

Which one of the following is not a function of the central bank in an economy?

(1) Dealing with foreign exchange

(2) Controlling government spending

(3) Controlling monetary policy

(4) Acting as a banker’s bank

(5) None of these

Question No : 15

The speaker of Lok Sabha is removed by the ____

(1) President

(2) Majority of members of Lok Sabha

(3) Prime Minister

(4) Member of both houses of Parliament

(5) None of these

Question No : 16

Federal Reserves is the financial organisation ____

(1) USA

(2) Britain

(3) France

(4)Japan

(5) Germany

Question No : 17

Which of the following organisations is known as the marker regulator in India?

(1) IBA

(2) SEBI

(3) AMFI

(4) NSDL

(5) None of these

Question No : 18

For controlling inflation the central bank should ___

(1) lower the bank rate

(2) purchase Government securities in the open market

(3) lower the reserve ratio of the banks

(4) sell Government securities in the open market

(5) None of these

Question No : 19

Which of the following Stock Exchange has launched “Carbon Index” So that investor can assess risk and opportunities associated with climate change?

(1) Delhi Stock Exchange

(2) National Stock Exchange

(3) Bombay Stock Exchange

(4) Kolkata Stock Exchange

(5) None of these

Question No : 20

Which of the following would be the venues of the World Athletics Championship 2013?

(1) New Delhi

(2) Tokyo

(3) London

(4) Paris

(5) Moscow