PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-93

Direction (Qs.1-20): Read the following questions carefully and choose your answer from the given five options.

 

Question No : 1

As we all know the Govt. of India has launched a massive infrastructure development programme known as Bharat Nirman. What is/are the goal(s) of this programme?

(A) To bring at least one crore hectares additional land under assured irrigation.

(B)  To provide internet connections to all 1,25,000 villages by 2012.

(C)  To provide road connectivity to all villages with a population of 1000 in plains and 500 in hilly areas.

(1)  Only (A)

(2) Only (B)

(3) (A) and (C) only

(4) (B) and (C) only

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

Question No : 2

____ was the only Indian to win a gold medal in Olympic 2008

(1) Saina Nehwal

(2) Sudesh Kumar

(3) Pankaj Advani

(4) Mahesh Bharat 

(5) Abinav Bindra

Question No : 3

Which of the following terms is used in Botany?

(1) Recession

(2) Biennial

(3) Dumping

(4) Cartel

(5) Barter System

Question No : 4

‘Economic Survey of India’ is published every year by?

(1) Ministry of Finance

(2) Ministry of Economic Affairs

(3) Ministry of Commerce

(4) C.S.O

(5) None of these

Question No : 5

Which of the following rate/ratio is not fixed by Reserve Bank of India?

(1) Repo Rate

(2) SLR

(3) CRR

(4) Inflation

(5) RBI fixes all the above

Question No : 6

The Income Tax Department gives a multi digit alpha code to all income tax assesses. This is called____

(1) SAT

(2) PIN

(3) VAT

(4) ATM

(5) PAN

Question No : 7

Which of the following organisations gives all major policy decisions / directives to all the banks working in India?

(1) Insurance Regulatory & Development Authority

(2) Reserve Bank of India

(3) Ministry of Corporate Affairs, Government of India

(4) Supreme Court of India

(5) Ministry of Home Affairs

Question No : 8

The Head of which of the following agencies / organisations in the banking industry or financial sector is designated as Governor?

(1) All Public Sector Banks

(2) Securities and Exchange Board of India

(3) Reserve Bank of India

(4) Life Insurance Corporation of India

(5) All Stock Exchanges in India

Question No : 9

Which term is not used in Banking/Financial Sector?

(1) Cash Flow Statement

(2) Law of Gravitation

(3) Credit

(4) Loans and Advances

(5) Deposits

Question No : 10

Which of the following letters of English alphabet also represents one of the Blood Groups found in human beings?

(1) P

(2) K

(3) C

(4) L

(5) A

Question No : 11

What is the fullform of letter ‘F’ in the term ‘NEFT’ used in banking sector?

(1) Function

(2) Form

(3) Fund

(4) Facility

(5) Federation

Question No : 12

Which of the following is a primary colour?

(1) Violet

(2) Green

(3) Yellow

(4) Magenta 

(5) White

Question No : 13

Who amongst the following has/have won the Nobel Peace Prize 2011?

(1) Muhammad Yunus and Grameen Bank

(2) Smt. Indira Gandhi (Posthumously)

(3) Barack H.Obama

(4) Ellen Johnson Sirleaf, Leymah Gbowee and Tawakkul Karman

(5)  United Nations (U.N.) Kofi-Annan

Question No : 14

The Euro is the common currency of the nations of the European Union. Which one of the following currencies has been replaced by Euro?

(1) Yen

(2) Taka

(3) US Dollar

(4) Lira

(5) Dinar

Question No : 15

Which of the following is NOT the name of a country?

(1) Kenya

(2) Ethiopia

(3) Libya

(4) Ghana

(5) Seoul

Question No : 16

Which of the following terms is NOT used in Computer Science?

(1) Cyber Attack

(2) Java

(3) HTML

(4) Green Growth

(5) RAM

Question No : 17

For repayment of loan availed from Banks/NBFC we come across a term known as EMI. What does it stand for?

(1) Equated Money Index

(2) Equated Monthly Installment

(3) Easy Money Index

(4) Equal Monthly Installment

(5) Equal Minimum Installment

Question No : 18

The Forward Markets Commission is responsible for regulations of which type of trading in India?

(1) Currency Futures Trading

(2) Commodities Futures Trading

(3) Equity Futures Trading

(4) Derivative Futures Trading

(5) All of these

Question No : 19

What does the letter ‘C’ denotes in the UNICEF a well known organisation operating at global level?

(1) Credit

(2) Children

(3) Control

(4) Cooperation

(5) Crisis

Question No : 20

When a country devalues its currency, its effect would be ____

(1) Imports become cheap and exports become costly

(2) Imports become costly and export become cheap

(3) Imports and exports both become cheap

(4) Imports and exports both become costly

(5) None of these