Direction (Qs.1-20): Read the following questions carefully and choose your answer from the given five options.
Question No : 1
Per capita income is maximum in which of the following States in India?
(1) Himachal Pradesh
(2) Punjab
(3) Gujarat
(4) Goa
(5) None of thes
Question No : 2
Besides Kerala, which of the following states is most literate state in India? (IInd in rank after Kerala)
(1) Delhi
(2) Goa
(3) Himachal Pradesh
(4) Tamil Nadu
(5) None of these
Question No : 3
Cash Reserve Ratio (CRR) is raised by Reserve Bank of India (RBI). What is the rule of CRR in the country’s economy especially in Banking Sector?
(A) It helps to control the inflation.
(B) It plays a great role in Banking Sector.
(C) It plays a great role for Banks in the Interest rates.
(1) Only (A)
(2) Only (B)
(3) Only (A) and (B)
(4) Only (C)
(5) Only (B) and (C)
Question No : 4
Which among the following statements is/are NOT TRUE regarding the ‘Senior Citizen’ Saving Scheme’ started in 2011?
(A) This scheme is for persons of 60 years above age
(B) In this scheme a person can invest maximum of 25 lakh rupees
(C) Interest rate will be 9 per cent per year
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Only (A) and (B)
(5) Only (A) and (C)
Question No : 5
Like telephone/Mobile number portability, the Ministry/RBI is now also considering to provide bank account number portability to bank customers. Which of the following would it means?
(1) Any customer/account holder can withdraw cash from any other Bank through his/her own cheque drawn on other bank even without ATM
(2) Any borrower can draw funds from his/her loan account from any other bank also
(3) The account number of any account holder will remain the same even if he/she is getting his/her account transferred to another bank also
(4) Bank customers would have the facility of mobile Banks to withdraw cash nearby his/her place
(5) None of these
Question No : 6
Which of the following is NOT a term related to banking /finance operations?
(1) Provision Coverage Ratio
(2) Securitization
(3) Consolidation
(4) Commodification
(5) Derivatives
Question No : 7
The process of “Artificial Application of Water to the soil usually for assisting in growing crops”, is technically known as ___
(1) water harvesting
(2) irrigation
(3) water recharging
(4) percolation
(5) None of these
Question No : 8
Waste Water generates which of the following gases which is more powerful and dangerous than CO2?
(1) Nitrogen
(2) Sulphur dioxide
(3) Hydrogen
(4) Methane
(5) None of these
Question No : 9
As per the news published in major news papers/journals hence forth the Credit Card holders will be able to access their credit card information though automated interactive voice response system over the phone instead of speaking to the staff. This decision of the banks/credit card companies will provide ___
(A) an additional hurdle to the customers as people feel comfortable in talking to the staff instead of talking to a machine.
(B) an additional security to the customers as this does not allow any staff to handle any transaction directly.
(C) some comfort to the banks as they will be able to reduce their staff strength.
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) All (A), (B) and (C)
(5) Only (A) and (C)
Question No : 10
As per the reports published the Government of India has decided to create a separate agency/bodies scrutinize all Foreign Direct Investments (FDI) officially. Un till now the security screening was being done by the
(1) Ministry of Foreign Affairs Government of India
(2) Reserve Bank of India
(3) Securities and Exchange Board of India
(4) Ministry of Finance, Government of India
(5) Ministry of Home Affairs Government of India
Question No : 11
The Ratio of the Cash Reserves that the banks are required to keep with RBI is known as ____
(1) Liquidity Ratio
(2) Net Demand and Time Liability
(3) SLR
(4) CRR
(5) None of these
Question No : 12
As per newspaper reports India’s Trade gap is showing a negative growth since last few months. “Trade Gap” means what?
(1) Gap between total GDP and total consumption.
(2) Gap between total imports and total Exports
(3) Gap between available liquidity and expected demand in next five months
(4) Gap between budgeted revenue collection and actual collection of the same.
(5) None of these
Question No : 13
Which of the following two programmes are the parts of the National Social Assistance programme of the Government of India?
(A) Indira Awas Yojana and Pradhan Mantri Gram Sadak Yojana.
(B) National Food for work and Mid day Meal scheme.
(C) National Old Age pension scheme and National Family Benefit Scheme.
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Either (A) and (B)
(5) None of these
Question No : 14
“Jnanpith Award” is given for excellence in the field of ____
(1) Music
(2) Literature
(3) Sports
(4) Films
(5) Social Services
Question No : 15
Which of the following programmes was launched to tackle special problems faced by those areas, which are affected by drought conditions frequently?
(A) Desert Development Programme.
(B) Drought Prone Areas Programme.
(C) Watershed Development Programme.
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Both (A) and (B)
(5) All (A), (B) and (C)
Question No : 16
Nowadays we frequently read news item about “Derivatives” as used in the world of finance and money market. Which of the following statement(s) correctly describes what a derivative is and how it affects money/finance markets?
(A) Derivatives enable individuals and companies to insure themselves against financial risk.
(B) Derivatives are like fixed deposits in a bank and are the safest way to invest one’s idle money lying in a bank.
(C) Derivatives are the financial instruments which were used in India even during the British Raj.
(1) Only (C)
(2) Only (B)
(3) Only (A)
(4) All (A), (B) and (C)
(5) None of these
Question No : 17
Amongst the following, which one of the following sectors provides the highest contribution in Industrial Production Index?
(1) Crude Oil
(2) Petro Refinery Products
(3) Electricity
(4) Coal
(5) None of these
Question No : 18
The availability of cash and other cash like marketable instrument that are useful in purchases and investments are commonly known as
(1) Cash crunch
(2) Liquidity
(3) Credit
(4) Market ability
(5) None of these
Question No : 19
Expand the term of NREGA
(1) National Rural Employment Guarantee Agency
(2) National Rural Electrification Governing Agency
(3) National Rural Employment Guarantee Act
(4) New Rural Employment Guarantee Agency
(5) None of these
Question No : 20
Which cup/trophy is associated with the game of cricket?
(1) Uber Cup
(2) Nehru Gold Cup
(3) Merdeka Cup
(4) DCM Cup
(5) Ranji Trophy