Question No : 1

Factoring ________

(1) is an easy way of raising capital from a factoring company by small business.

(2) is selling of account receivables on a contract basis for cash payment to a factor before it is due.

(3) is an arrangement for raising short term money against prepaid expenses.

(4) is a method of discounting of long term bills. 

(5) None of these

Question No : 2

Kharif crops are _____

(1) sown in the beginning of winter and harvested before onset of summer

(2) sown in summer and harvested after rain (period May to October).

(3) raised in the summer months of April to June

(4) potatoes, grams etc

(5) cotton, sugarcane etc

Question No : 3

Green House Effect

(1) is the increase in the temperature inside the green house where people can live in.

(2) is the increase in the temperature inside a kiln due to the green brick line.

(3) is the rise in temperature that Earth experiences because certain atmospheric gases trap heat of Sun

(4) All (1), (2) and (3)

(5) None of these

Question No : 4

The word sovereign in the context of ‘Sovereign Republic” means ______

(1) no concentration of power and money.

(2) no regional disparity

(3) no partiality against any religion

(4) no room for a monarch

(5) freedom to follow internal and external policies

Question No : 5

With which one of the following sports is Fernando Alanso associated?

(1) Ferrari

(2) Billiards

(3) Snooker 

(4) Tennis

(5) Football

Question No : 6

Which one of the following was 2010 Asian Games?

(1) X

(2) XI

(3) XII 

(4) XIV

(5) XVI

Question No : 7

With which one of the following games is Pankaj Advani associated?

(1) Cycling

(2) Shooting 

(3) Swimming

(4) Triathion

(5) Billiards

Question No : 8

What is the full form of the term ASBA?

(1) Allotment Supported by Blocked Amount

(2) Application Supported by Bank Amount

(3) Allotment Supported by Bank Account

(4) Application Supported by Blocked Amount

(5) Allotment and Social Banking Amount

Question No : 9

Which one of the following is the objective of proposed amendments to the Competition Act 2002?

(1) It will give regulatory powers to Competition Commission of India

(2) It will enhance the responsibility of Competition Commission of India

(3) It will give judicial powers to Competition Commission of India

(4) It will require high-stake mergers and acquisitions to seek a mandatory approval from the Competition Commission of India                      

(5) None of these

Question No : 10

The direct consequences of Tsunami are ____

(a) loss of livelihood to fishermen

(b) unknown damages to coral reefs

(c) adverse impact on coastal tree plantations

(d) impact of salineation on soil fertility

(e) earthquakes

(1) (a), (b) and (c) 

(2) (b), (c) and (d)

(3) (c), (d) and (a)

(4) (a), (b), (c), (d) and (e)

(5) (a), (b), (c) and (d)

Question No : 11

Khajuraho temples are _____

(a) located in Madhya Pradesh

b) located in Uttar Pradesh

(c) a holy place

(d) a tourist place

(e) an example of Indian Architectural genius

(1) only (a), (b) and (c)

(2) only (b), (c) and (d)

(3) only (c), (d) & (e)

(4) only (a), (d) and (e)

(5) only (d), (e) and (b)

Question No : 12

Cyclones are also called _____

(a) hurricanes 

(b) typhoons

(c) tornados 

(d) whirlpools

(e) logos

(1) (a) and (b)

(2) (b) and (c)

(3) (a), (b), (c)

(4) (b), (c), (d)

(5) None of these

Question No : 13

One of the following is a Tiger Reserve in India ____

(1) Nilgiri 

(2) Badravati

(3) Sariska

(4) Latur

(5) Krishnagiri

Question No : 14

Lunar Eclipse _____

(a) occurs only on a full moon day

(b) is when earth comes between Sun and Moon

(c) is when Moon comes between Sun and Earth

(d) occurs on a new moon day

(e) occurs every 15 days in different parts of the world

(1) (a) and (b)

(2) (b) and (c) 

(3) (c) and (d) 

(4) (d) and (e) 

(5) (e) and (a)

Question No : 15

As we know the RBI is the apex bank of India, similarly the apex Bank of USA is called ______

(1) Federal Reserve

(2) The Central Bank of USA

(3) Bank of America

(4) Central National Bank of USA

(5) None of these

Question No : 16

As per the newspaper reports the Standards & Poors (S & P) has changed India’s sovereign rating from.  This means _______

(A) India’s economic condition has improved a lot.

(B) There is no pressure of inflation on the economy as it is well under control.

(C) India’s economic condition has further gone down as it has failed to control the fiscal deficit.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Only (A) & (B)

(5) None of these

Question No : 17

Which of the following crops need plenty of water to grow?

(1) Jowar

(2) Cotton

(3) Paddy

(4) Bajra

(5) All these need plenty of water

Question No : 18

Which of the following Schemes of the Government of India is planned to help farmers by providing a competitive price to their products?

(A) Minimum support price of agro products.

(B) Creating buffer stock of food grains.

(C) Making loans available to them on special and subsidised rates of interest.

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these

Question No : 19

Which of the following norms/practices adopted by the banks is/are launched to ensure that the money from illegal activities/sources does/do not come to banks and therefore the economic health of the nation does not get affected?

(A) Know Your Customer.

(B) Financial Inclusion.

(C) Branchless Banking.

(1) Only (A)

(2) Only (B)

(3) Only (C)   

(4) Only (A) and (B)

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

Question No : 20

As a practice all banks now deduct some amount from their pre tax income and set aside in a separate account to create a cushion for the loans which may go bad.  This is called _______

(1) CRR

(2) SLR

(3) Provisioning

(4) PLR

(5) None of these