Question No : 1

The cabinet committee approved the ‘IGSMY’ a scheme for the welfare of the people of India. Who amongst the following will get the benefit of the scheme?

(1) Mother and pregnant women

(2) Children upto 12 years of age

(3) Youth

(4) Old and Senior Citizens 

(5) All of above

Question No : 2

The Government of India provides direct financial support to which of the following schemes?

(1) Jeevan Bharati Scheme

(2) ULIP

(3) Sampoorna Grameen Rozgar Yojana

(4) Packing Credit Guarantee Scheme

(5) All of the above

Question No : 3

A hockey player is supposed to know the meaning of the term ____

(1) Dead Ball

(2) Bouncer 

(3) LBW

(4) Penalty Corner

(5) Frozen Ball

Question No : 4

Very often we see in the advertisements published by Financing Institutes/Agencies stating that their products are given high or average Ratings. These Rating Agencies classify bonds/investments in how many categories?

(A) Low Risk

(B) Average Risk

(C) High Risk

(1) Only (A)

(2) Only (B)

(3) Only (C)

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

(5) None of these

Question No : 5

Which one of the following does not deal with export promotion?

(1) Trade Development Authority

(2) Minerals and Metals Trading Corporation

(3) Cooperative Marketing Societies

(4) State Trading Corporation of India

(5) None of these

Question No : 6

Excise Duty is levied on which of the following?

(1) Manufacturing of goods

(2) Services provided by hotels and travel agents

(3) Agro Products

(4) Imported goods

(5) All of these

Question No : 7

Which of the following is a type of banking application which authorizes a bank to block a specific sum of money in an individual’s bank account to be invested in an Initial Public Offer?

(1) RTGS

(2) ASBA

(3) SCSBs

(4) Prefunded Cheques 

(5) None of these

Question No : 8

The Reserve Bank of India advised the Government of India to spend and loosen the strings of its purse. How will this benefit the banking and finance sector?

(A) It will ease liquidity crisis in the market. 

(B) It will help banks to borrow less from the RBI.  

(C) It will bring down inflation.

(1) Only (A) and (B)

(2) Only (B)

(3) Only (B) and (C)

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

(5) None of these

Question No : 9

The rate of interest charged by RBI for lending money to various commercial banks by rediscounting of the bills in India is called

(1) Exchange Rate

(2) Statutory Liquidity Ratio

(3) Interest Rate

(4) Cash Reserve Ratio

(5) Bank Rate

Question No : 10

Which of the following is not an objective of the Jawaharlal Nehru National Urban Renewal Mission?

(1) Development of urban infrastructure 

(2) Inclusive growth of cities

(3) Provide safe drinking water to all

(4) Provide improved public transport

(5) Provide 100 days employment to all eligible persons

Question No : 11

The Banking services were brought under the preview of the Public Utility Services. Which of the following is the main purpose of the same?

(1) To prevent employees to go on strike without a six month notice

(2) To bring them under the purview of the service tax

(3) To bring them under the purview of the Consumer Courts

(4) To help them in retaining the status of the Public Sector Unit despite the efforts of the Government to privatize them

(5) None of these

Question No : 12

Which of the following is the purpose of promoting ‘No Frills Accounts’ as being done by many banks?

(A) To include lower strata of the society in the preview of banking services.

(B) To ensure that no monetary transaction over and above Rs.5,000/- takes place in cash.

(C) To help banks in maintaining themselves in those areas where they had opened their branches but could not get enough business.

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

(2) Only (B)

(3) Both (A) and (B)

(4) Both (B) and (C)

(5) Only (A)

Question No : 13

Which of the following foreign banks has started its retail business in India for the first time by opening branches in seven cities?

(1) Deutsche Bank

(2) Hong Kong and Shanghai Banking Corporation (HSBC)

(3) Standard Chartered Bank 

(4) ABN Amro 

(5) Citibank NA

Question No : 14

Which of the following banks has launched a special Credit Card for Small and Medium Enterprises (SMEs) to be named as ‘Power Plus Business Card’?

(1) ICICI Bank

(2) State Bank of India

(3) UTI Bank

(4) HDFC Bank

(5) Yes Bank

Question No : 15

Which of the following types of banks in India will not be required to furnish details of their investments profits, NPAs and also of any penalty imposed on them by the RBI in their balance sheets with effect from March 2006?

(1) All public sector banks

(2) All private banks

(3) All foreign banks

(4) All co-operative banks

(5) All of these

Question No : 16

The Government of India has prepared a list of ‘Trust Areas’ for implementation of policies in each field. Which of the following is NOT one of them in the field of agriculture?

(1) Revival of plantation crops economy

(2) Augmenting fish production

(3) Setting up a National Cotton Mission

(4) Reforming agricultural markets and post harvest technology

(5) Bringing maximum area under the cultivation of BT cotton

Question No : 17

The money owed by the Central Government to domestic and foreign lenders in known as ___

(1) Consolidated fund 

(2) Public Debt 

(3) National Debt

(4) Fiscal Deficit

(5) Capital Receipts

Question No : 18

National Science Day is observed on _____

(1) 28^th January

(2) 28^th February

(3) 28^th March

(4) 28^th April 

(5) 28^th June

Question No : 19

Which of the following is a rich source of vitamin A?

(1) Egg

(2) Milk 

(3) Rice

(4) Carrot

(5) None of these

Question No : 20

Which of the following is one of the main rivers of the Himalayan group?

(1) Tapti

(2) Godavari 

(3) Krishna

(4) Narmada

(5) Brahmaputra