PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-92

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 equipment is NOT used in agricultural fields?

(1) Tractor

(2) Power tiller

(3) Plough

(4) Radar

(5) Bean Harvester

Question No : 2

Which country is NOT a member of South Asian Association for Regional Cooperation (SAARC)?

(1) Nepal

(2) Pakistan

(3) Bangladesh

(4) China

(5) Sri Lanka

Question No : 3

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

(1) Georgia

(2) Denmark

(3) Belgium

(4) Euro

(5) Angola

Question No : 4

Which of the following is grown as horticultural product?

(1) Potato

(2) Apple

(3) Cotton

(4) Jute

(5) Paddy

Question No : 5

Which of the following statement is true?

(1) Banks cannot accept demand and time deposits from public

(2) Banks can accept only demand deposits from public

(3) Banks can accept only time deposits from public

(4) Banks can accept both demand and time deposits from public

(5) Banks can accept demand and time deposits only from government

Question No : 6

The punch line in the advertisements issued by which of the banks is “Nation Banks on us”?

(1) Bank of Baroda

(2) IDBI Bank

(3) Corporation Bank

(4) Bank of India

(5) None of these

Question No : 7

Banks in India are categorized as Public Sector and Private Sector Banks. Which of the following types of Banks are called public sector Banks?

(1) Those which are giving service to poor sections of society like those living below poverty line, in remote areas or in difficult areas.

(2) Those in which Government of India has a controlling stake.

(3) Those who are governed and regulated by the Reserve Bank of India only. Finance Ministry does not have any control over them.

(4) Only those banks are called public sector whose shares are traded in Stock Markets. Others are private banks.

(5) None of these

Question No : 8

The Reserve Bank of India keeps on changing various ratio/rates frequently. Why this is done?

(A) To keep inflation under control.

(B) To ensure that Indian Rupee does not loose its market value.

(C) To ensure that banks do not earn huge profits at the cost of public money.

(1) Only (A)

(2) Only (B)

(3) Only (C) 

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

(5) None of these

Question No : 9

As per the news published in the major financial newspapers some banks/financial institutions are going to set-up an Asset Reconstruction Company (ARC). ARCs are normally set up for which of the following purposes?

(A) To bail out sick industrial units. 

(B) To provide credit for a particular sector only like housing/personal loans etc.

(C) To manage Mutual Funds launched by various banks.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) All (A), (B) and (C) 

(5) None of these

Question No : 10

Which of the following disease is not caused by a bacteria?

(1) AIDS

(2) Diphtheria

(3) Cholera

(4) Whooping Cough

(5) None of these

Question No : 11

Child artist Darsheel Safary has got critics Best Actor award for his acting in ____

(1) Guru

(2) Chak De India

(3) Taree Zameen Par

(4) Life in Metro 

(5) None of these

Question No : 12

Which of the following ailments leave a major impact on poultry industry?

(1) Bovine Diarrhoea

(2) Blood cancer

(3) Foot and Mouth

(4) Avian influenza

(5) None of these

Question No : 13

As per present practice Government provides subsidy to which of the following items?

(1) Food crops

(2) Cement

(3) Steel

(4) Coal

(5) None of these

Question No : 14

Which of the following is India’s largest public sector commercial Bank at present?

(1) IDBI Bank

(2) ICICI Bank

(3) State Bank of India

(4) Axis Bank

(5) None of these

Question No : 15

Which of the following is NOT used as raw material for production of nuclear power?

(1) Uranium

(2) Beryllium

(3) Zirconium

(4) Sodium

(5) All of these

Question No : 16

Review and revision of the monetary and credit policy by which of the following organisations/agencies put an impact on lending and deposit rates of all the banks in India?

(1) Reserve Bank of India

(2) National Bank for Agriculture and Rural Development

(3) Ministry of Corporate Affairs

(4) Securities and Exchange Board of India

(5) None of these

Question No : 17

Teacher’s Day is celebrated on ________

(1) 15th September

(2) 10th September

(3) 5th September

(4) 15th September

(5) 10th October

Question No : 18

Eminent Author Amar Kant writes in which of the following languages?

(1) Hindi

(2) Urdu

(3) Oriya

(4) Tamil

(5) Punjabi

Question No : 19

Which of the following is a private bank in India?

(1) Oriental Bank of Commerce

(2) Bank of Maharashtra

(3) Corporation Bank

(4) South Indian Bank

(5) Syndicate Bank

Question No : 20

Expand the term ‘MAT’ _____

(1) Minimum Add-on Tax

(2) Maximum Add-on Tax

(3) Minimum Alternate Tax

(4) Maximum Alternate Tax

(5) None of these