Direction (Qs.1-20): Read the following questions carefully and choose your answer from the given five options.
Question No : 1
National Income is the _____
(1) Net National Product at market price
(2) Net National Product at factor cost
(3) Net Domestic Product at market price
(4) Net Domestic Product at factor cost
(5) None of these
Question No : 2
Who among the following is a famous cricket player?
(1) Harbhajan Singh
(2) Gagan Narang
(3) Mahesh Bhupati
(4) Pankaj Advani
(5) Pargat Singh
Question No : 3
Which instrument is used for measuring the intensity of electric current?
(1) Lactometer
(2) Micrometer
(3) Ammeter
(4) Radar
(5) Periscope
Question No : 4
Which of the following places in India does not have a port?
(1) Cochin
(2) Kandla
(3) Paradip
(4) Chennai
(5) Allahabad
Question No : 5
When a bank dishonours a cheques_______.
(1) it is called settlement of the cheque
(2) it is called withdrawing of the cheque
(3) it is called nullifying of the cheque
(4) it is called truncating of the cheque
(5) it is called return of the cheque unpaid
Question No : 6
Whenever somebody needs foreign currency against Indian Rupee, banks give equivalent amount of desired currency based on prevalent _______
(1) bank rate
(2) currency rate
(3) policy rate
(4) exchange rate
(5) base rate
Question No : 7
Foreign currencies are represented in various abbreviations. What is meant by USD?
(1) US Dollar
(2) Unit of Currency of Denmark
(3) UAE Dinar
(4) Ukrainian Soviet Dollar
(5) None of these
Question No : 8
Many Regional Rural Banks are given licence to open branches in small cities and towns. These licences are given by _______
(1) Reserve Bank of India
(2) Cabinet Committee on economic affairs
(3) NABARD
(4) Indian Bank’s Association
(5) None of these
Question No : 9
Which of the following organizations/agencies is not associated with the world of banking and finance?
(1) SEBI
(2) AMFI
(3) RBI
(4) ECGC
(5) SPCA
Question No : 10
Banks recover term loan from the parties in EMIs. What the letter ‘E’ represents in the term?
(1) Easy
(2) Effective
(3) Equated
(4) Essential
(5) Economical
Question No : 11
Which of the following states has unveiled “Vision 2025” containing clear-cut policies for promoting investments in infrastructure such as power, ports and ship building?
(1) Andhra Pradesh
(2) Tamil Nadu
(3) Gujarat
(4) Karnataka
(5) None of these
Question No : 12
Which of the following is NOT one of the core and identified under the Bharat Nirman Programme?
(1) Irrigation
(2) Rural electrification
(3) Rural housing
(4) Drinking water supply
(5) Computer education in schools
Question No : 13
Which blood vessel in human body normally carries the urea?
(1) Portal Vein
(2) Hepatic Vein
(3) Dorsal Aorata
(4) Renal Vein
(5) None of these
Question No : 14
The interest rate at which the RBI lends against the Government Securities is known as:
(1) CRR
(2) SLR
(3) Bank Rate
(4) Repo Rate
(5) None of these
Question No : 15
Which of the following document(s) is/are considered as officially valid document to satisfy KYC norms for opening a Bank account?
(A) Passport
(B) PAN
(C) Aadhar number issued by Unique Identification Authority of India
(1) Only (A)
(2) Only (B)
(3) Only (A) and (B)
(4) All (A), (B) and (C)
(5) Only (B) and (C)
Question No : 16
Which of the following is a private sector bank based in India?
(1) Yes Bank
(2) Loyds Banking Group
(3) Lehman Brothers
(4) Royal Bank
(5) None of these
Question No : 17
Which of the following is the major function of an ATM installed by banks?
(1) To distribute cash by way of withdrawal from one’s account
(2) To transfer money from one place to another place
(3) To detect fake currency notes
(4) To arrange currency notes in serial order and count them
(5) All of these
Question No : 18
Banks do not provide which of the following services?
(1) Issuing Bank Drafts
(2) Lockers for valuable items/documents
(3) Depositing money
(4) Sale of post cards & postal stamps
(5) None of these
Question No : 19
SAARC is the association of
(1) European countries
(2) Oil Exporting Nations
(3) South Asian countries
(4) South American Nations
(5) None of these
Question No : 20
The loan disbursed by a bank to an individual for purchasing a house is called?
(1) Plan Finance
(2) Business Loan
(3) Credit Loan
(4) Retail Loan
(5) Top up Loan