PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-95

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

 

Question No : 1

The Chief Justice of Supreme Court is administered the oath of office by

(1) Union Law Minister

(2) Chief Justice of India

(3) Prime Minister

(4) President

(5) None of these

Question No : 2

The head of a Public Sector Bank in India is normally designated as _______

(1) President

(2) Chairman and Managing Director

(3) CAG

(4) CVC

(5) Vice-President

Question No : 3

Which of the following represents female literacy rate in India? (As per provisional figures of Census 2011)

(1) 60%

(2) 62%

(3) 65%

(4) 70%

(5) None of these

Question No : 4

‘Won’ is the currency of which of the following countries?

(1) Myanmar

(2) Japan

(3) China

(4) Indonesia

(5) South Korea

Question No : 5

Which of the following is the organisation of non aligned development countries including India?

(1) G–8

(2) SAARC

(3) ASEAN

 (4) OPEC

(5) None of these

Question No : 6

Who among the following is a famous Chess Player?

(1) Koneru Humpy

(2) Pargat Singh

(3) Baichung Bhutta

(4) Ajit Pal Singh

(5) Ishant Sharma

Question No : 7

Which of the following is the full form of ‘CBS’ as used in banking system?

(1) Core Banking Solution

(2) Corporate Business Strategies

(3) Common Business Strategies

(4) Common Banking Strategies

(5) None of these

Question No : 8

Which of the following terms is used in the field of Banking and Finance?

(1) Accrued interest

(2) Assimilation

(3) Deviance

(4) Diffusion

(5) Stagnant population

Question No : 9

Which of the following is grown as a Spice used in daily cooking and also to be used as a quick remedy of many common ailments?

(1) Marigold

(2) Turmeric

(3) Jatropha

(4) Cactus

(5) Fern

Question No : 10

Which of the following is NOT a Public Sector Unit?

(1) Mishra Dhatu Nigam

(2) Hindalco Industries

(3) Bharat Bhari Udyog Nigam   

(4) Container Corporation of India

(5) None of these

Question No : 11

Which of the following is an agricultural product?

(1) Honey

(2) Butter

(3) Molasses

(4) Ginger

(5) Ethanol

Question No : 12

Who amongst the following cannot open an account in any bank in India?

(1) One who is not earning regularly

(2) A Housewife

(3) A student of 10th Standard

(4) A farmer who owns a small piece of land

(5) An individual who is well to do but his source of income is not known

Question No : 13

Which of the following is the largest stock exchange of India?

(1) Delhi 

(2) Ahmedabad

(3) Mumbai

(4) Kolkata

(5) None of these

Question No : 14

Which of the following is the abbreviated name of the organisation working for the welfare of the children?

(1) CII 

(2) CRY

(3) SEWA

(4) SHCIL

(5) None of these

Question No : 15

Who amongst the following is NOT a member of SMRC?

(1) India

(2) Pakistan

(3) Nepal

(4) Srilanka

(5) South Africa

Question No : 16

‘Yuan’ is the currency of which one of the following countries?

(1) Japan

(2) South Korea

(3) North Korea

(4) Taiwan

(5) China

Question No : 17

What are teaser loan rates charged by banks?

(1) Fixed rate of interest charged by banks

(2) Floating rate of interest charged by banks

(3) Rate of interest in the initial period is less and goes up subsequently

(4) Rate of interest in the initial period is more and goes down subsequently

(5) None of these

Question No : 18

Expand the term FSDC which is used in financial sectors?

(1) Financial Security and Development Council

(2) Financial Stability and Development Council

(3) Fiscal Security and Development council

(4) Fiscal stability and Development Council

(5) None of these

Question No : 19

Government’s “Food-for-work” programme means-

(1) To pay in kind to work and build rural infrastructure

(2) Supplying balanced diet to workers in rural areas

(3) No-work-no-pay principal

(4) Ensuring enough food to rural worker-households

(5) None of these

Question No : 20

The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?

(1) Instalment 

(2) Contribution

(3) Premium

(4) EMI

(5) Service charge