Question No : 1

The rate of interest, banks charge to its main/major and prime customers is popularly called as___

(1) Risk Premium

(2) Prime Lending Rate

(3) Repo Rate

(4) Reverse Repo Rate

(5) Cost of fund

Question No : 2

Which of the following was the first Mutual Fund listed on the newly launched Mutual Fund platform on National Stock Exchange?

(1) UTI Mutual Fund

(2) SBI Mutual Fund

(3) LIC Mutual Fund

(4) Bank of Baroda Mutual Fund

(5) None of these

Question No : 3

Which of the following is one of the eight Millenium Development Goals set by the UNO?

(1) Eradication of Poverty and extreme hunger

(2) Total peace in Iraq and Afghanistan

(3) Reduction in Nuclear warheads in the world

(4) Restoration of peace in Darfur

(5) None of these

Question No : 4

Transport of goods by which of the following is free from levy of the Service Tax?

(1) Indian Railways

(2) Shipping Companies owned by NRIs

(3) All Private Road Transport Companies

(4) By the Transport Corporation of India in its own special containers

(5) None of these

Question No : 5

The Reserve Bank of India has directed all the banks to ensure that the names of their customers, Individuals or corporates, do not appear in any list published by the Security Council Committee.  This act/directive of the RBI is to ensure which of the following?

(1) To ensure that the bank loans/advances taken by the individuals/organisations are used only in those activities for which they are taken.

(2) To ensure that money deposited in the bank has not come from unknown and unauthorized sources.

(3) To ensure that no one visits a foreign nation for any illegal activity by purchasing foreign currency from a bank.

(4) To ensure that Indians do not go to a nation where Indians are being targeted for racial discrimination.

(5) None of these

Question No : 6

The National Stock Exchange launched Interest Rate Futures (IRF). IRF in fact is a ___

(1) new mode of trading specifically for SME sector

(2) finance mode of trading

(3) electronic mode of transferring money from one account to another

(4) safest and fastest mode of trading at all the stock exchanges of India simultaneously

(5) None of these

Question No : 7

What is the full form of UNEP, a term frequently seen in newspapers?

(1) Universal Notification on Energy Protection

(2) Universal New Education Project

(3) Universal Natural Energy Project

(4) United Nations Education Programme

(5) United Nations Environment Programme

Question No : 8

ASEAN signed an agreement called ‘FTA’ with India. What is the full form of ‘FTA’?

(1) Foreign Trade Agreement

(2) Favourite Trade Acknowledgement

(3) Full Trade Agreement

(4) Free Trade Agreement

(5) None of these

Question No : 9

Which of the following is NOT considered as a parameter for defining the Below Poverty Line (BPL) status of a person?

(1) Food Security

(2) Marital Status

(3) Debt

(4) Literacy

(5) Land holdings

Question No : 10

Frequent changes in the cost of which of the following commodities at international levels, push inflation upwards?

(1) Vegetables

(2) Foodgrains

(3) Milk

(4) Petroleum Products

(5) All of these

Question No : 11

The Index of Industrial Production (IIP) is compiled and released by which of the following organisations/agencies?

(1) Register of Companies

(2) Confederation of Indian Industries

(3) Bombay Stock Exchange

(4) Central Statistical Organisation

(5) RBI

Question No : 12

Which of the public sector bank still has 100% government share?

(1) Punjab and Sind Bank

(2) United Bank of India

(3) Vijaya Bank

(4) All of the above

(5) None of these

Question No : 13

Which of the following term is used in the game of Cricket?

(1) Half Nelson

(2) Back Hand Drive

(3) Love

(4) Penalty Stroke

(5) Clean Bowled

Question No : 14

Parambikulam-Aliyar Multipurpose project is located in the hills of ______

(1) Niligir hills range

(2) Periyar hills range

(3) Anamalai hills range

(4) Sahyadri hills range

(5) None of these

Question No : 15

Which of the following is not a social sector programme launched by the Government of India?

(1) Sarva Siksha Abhiyan

(2) Overseas Indian Citizenship Scheme

(3) Mid Day Meal Scheme

(4) National Rural Health Mission

(5) NREGS

Question No : 16

Initial repayment holiday given to a borrower for repayment of loan is called as _____

(1) Subvention

(2) Moratorium

(3) Reschedulement

(4) Amortization

(5) EMI

Question No : 17

Which of the following countries has been adjudged as the largest exporter of cotton?

(1) Bangladesh

(2) Brazil

(3) Britain  

(4) India

(5) None of these

Question No : 18

Excise duty is a tax levied on which of the following?

(1) Production of goods

(2) Movement of goods beyond municipal limits

(3) Purchase of goods

(4) Export of goods

(5) Sale of goods

Question No : 19

The erstwhile UTI Bank is presently known as _____

(1) ING Vaisya Bank

(2) Yes Bank

(3) Indus Ind Bank

(4) Axis Bank

(5) IDBI

Question No : 20

On which one of the following ‘Head of Expenses’, the expenses of the Government of India are highest?

(1) Food subsidy

(2) Pradhan Mantri Gram Sadak Yojana

(3) Fertilizer subsidy

(4) Maintenance of national highways

(5) Oil subsidy