PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-82

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 is NOT a European country?

(1) Denmark

(2) France

(3) Greece

(4) Italy

(5) Iran

Question No : 2

Which of the following is not a prudential norm required to be followed by banks?

(1) Capital adequacy rules

(2) Asset Classification

(3) Reducing non-performing account to 1% of gross advances

(4) Income recognition

(5) None of these

Question No : 3

Which of the following is the name of the currency of a country?

(1) Korea

(2) Laos

(3) Dinar

(4) Qatar

(5) Oman

Question No : 4

How does the liquidity Adjustment Facility (LAF) help banks?

(1) Banks can borrow from RBI    

(2) 1% rebate in interest rate is applicable on repo rate if borrowed under LAF. 

(3) There is a scope if inter-bank borrowing as per higher limits approved by RBI

(4) Enables management of liquidity position of banks on an overnight basis.

(5) None of these

Question No : 5

Department of Economic Affairs is part of which of the following Ministries?

(1) Ministry of Home Affairs

(2) Ministry of Heavy Industries & Public Enterprises

(3) Ministry of Planning

(4) Ministry of Rural Development

(5) None of these

Question No : 6

As we know many Indian Banks are opening their branches in foreign countries these days.  What in your opinion is/are the reasons owing to which these banks are willing to open branches in foreign countries?

(A) India has the largest network of bank branches in the world.  Hence other nations also wish to take advantage of their services.

(B) Indian Banks get an opportunity to raise foreign currency funds and also the experience funding joint ventures of multinationals. This prompts them to open their branches in foreign nations.

(C) As many foreign banks are functioning in India, India in turn is also required to open equal number of branches in foreign countries.  Hence Indian banks are opening branches in these countries.

(1) Only (A) 

(2) Only (B)

(3) Only (C) 

(4) Only (A) and (B)

(5) None of these

Question No : 7

Government of India approved the national policy on Bio fuels. Which of the following crops is one which is used to make bio-fuels?

(1) Onion 

(2) Sugarcane

(3) Wheat

(4) Coconut

(5) None of these

Question No : 8

Which of the following countries is the largest producer of milk in the world?

(1) China

(2) India

(3) Denmark

(4) USA

(5) None of these

Question No : 9

Which of the following terms is not associated with the game of Hockey?

(1) Bouncer

(2) Bully

(3) Short corner

(4) Goal

(5) Penalty Corner

Question No : 10

India is providing help to which of the following nations in setting up a Medical College there on the lines of the AIIMS?

(1) Nepal

(2) Bhutan

(3) Bangladesh

(4) Myanmar 

(5) None of these

Question No : 11

Which of the following is/are the sources of renewable energy?

(A) Wind

(B) Solar

(C) Thermal

(1) Only (A)

(2) Only (B)

(3) Both (A) and (B)

(4) Only (A) and (C) 

(5) None of these

Question No : 12

Medical tourism is related to ____

(1) cancer patients undertaking tours and travels

(2) all patients going on a vacation

(3) a tourist spot having primary health care facilities

(4) a package covering travel, stay, medical/treatment and treelike

(5) a holiday package for people suffering from communicable diseases

Question No : 13

AC Nielsen–ORG–MARG are related to ______.

(1) power transmission 

(2) hydraulics

(3) food products

(4) consumer non durables

(5) market research

Question No : 14

One of the following states is famous for sandal wood oil, soaps etc. _____

(1) Tamil Nadu

(2) Kerala 

(3) Andhra Pradesh

(4) Goa 

(5) Karnataka

Question No : 15

Major carpet producing states are _____.

(a) Uttar Pradesh

(b) Jammu and Kashmir

(c) Tamil Nadu

(d) Kerala

(e) Assam

(1) (a) and (b)

(2) (b) and (c) 

(3) (c) and (d) 

(4) (d) and (e) 

(5) (e) and (a)

Question No : 16

As reported in some major financial newspapers, many times it is said that “Other Income” boosts the profit of a bank to a substantial level. What is this other income for a bank? [Pick up the option(s) which are the part(s) of this other income]

(A) Commission for selling insurance policies.

(B) Fee for providing various services (like ATM/Extra cheque).

(C) Interest on advances and loans.

(1) Only (A)

(2) Only (B)

(3) Both (A) and (B)

(4) Only (C)

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

Question No : 17

CAG is connected with ______

(1) union budgets

(2) checking expenditure of Government of India

(3) state finances and irregularities

(4) audit and related matters

(5) None of these

Question No : 18

As reported in some newspapers/magazines, some banks have decided to install Biometric ATMs so that fraudulent withdrawals can be prevented. Biometric ATM will be able to do so as it also checks____

(A) signatures of the card holders. 

(B) fingerprints of the card holders.

(C) skin colour of the card holders.

(1) Only (A) 

(2) Only (B)

(3) Only (C)

(4) Both (B) and (C)

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

Question No : 19

Which of the following is the abbreviated name of the programme launched in India for the economic empowerment of persons with severe to profound disabilities?

(1) ARUNIM

(2) NREGA

(3) GCMMF

(4) UNCTAD

(5) SCOPE

Question No : 20

Which of the following is NOT a “Social Sector Programme” run by the Govt. of India?

(1) National Rural Health Mission

(2) Integrated Child Development Services

(3) Sarva Shiksha Abhiyan

(4) Mid Day Meal Scheme

(5) Bharat Nirman