Question No : 1

From which one of the following states the annual Indo-China border trade has restarted after a long gap of several years?

(1) H.P.

(2) Arunachal Pradesh 

(3) Uttarakhand

(4) Jammu &Kashmir

(5) Assam

Question No : 2

Which of the following was /were the objectives of the Competition Act 2002?

(A) To keep a check on unfair trade practices

(B) To promote Govt. supported products/services in Competition to those launched by private parties

(C) To control the activities of the stock markets in India which are considered highly volatile. 

(1) Only (A) and (B)

(2) Only (B) 

(3) Only (A)

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

(5) None of these

Question No : 3

All banks in India get major policy decisions/directives/guidelines related to their day to day operations from ______

(1) Ministry of Home Affairs, Government of India

(2) Securities and Exchange Board of India (SEBI)

(3) Reserve Bank of India (RBI)

(4) All India Bank Employees’ Union

(5) Foreign Exchange Dealers’ Association of India

Question No : 4

Lok Sabha secretariat comes under the control of

(1) Home Ministry

(2) Ministry of Parliamentary

(3) President of India

(4) Lok Sabha Speaker

(5) None of these

Question No : 5

Nobel prizes are given in which of the following fields?

(1) Sports

(2) Social Service

(3) Anthropology

(4) Physics

(5) All these fields

Question No : 6

Ten Rupee notes contain the signature of ________

(1) Finance Secretary, GOI            

(2) Governor, Reserve Bank of India

(3) Chairman, State Bank of India 

(4) Finance Minister, GOI             

Question No : 7

Which of the following represents correct meaning of ‘REPO RATE’?

(1) Rate on which RBI sells Government Securities to Banks

(2) Rate for borrowing rupees by banks from RBI

(3) Rate offered by banks to their prime customers

(4) Rate applicable for grant of priority sector loans

(5) None of these

Question No : 8

Cash in hand is a

(1) Liquid asset

(2) fixed asset

(3) intangible asset

(4) wasting asset

(5) None of these

Question No : 9

The full form of PIN in the parlance of an ATM card is

(1) Permanent Information Number

(2) Personal Identification Number

(3) Personal Index Number

(4) Professional Identification Number

(5) Permanent Identification Number

Question No : 10

Which of the following programmes has been implemented in all the districts of the country?

(1) Sarva Siksha Abhiyan

(2) Rajiv Gandhi Grameen Vidyuthikaran Yojana

(3) Navodaya Vidhyalay

(4) Ultra Mega Power Project

(5) National Rural Employment Guarantee Programme

Question No : 11

India’s first genetically modified crop was _________

(1) Bt. Cotton

(2) Sugarcane

(3) Brinjal 

(4) Potato

(5) None of these

Question No : 12

Which of the following is the short form of the name of the Indian Space Shuttle which puts various satellites into orbit?

(1) RISAT

(2) PSLV

(3) ANUSAT 

(4) ISRO

(5) INTESSAT

Question No : 13

Which of the following is the main purpose of Know Your Customers (KYC) norms, used in banking world?

(1) To provide better customer service

(2) To make high value transactions faster

(3) To keep check on money laundering

(4) To bring more and more people under income tax net

(5) None of these

Question No : 14

What is the full form of the term IPO used in financial world?

(1) Indian Purchase Offer

(2) Institutional Purchase Offer

(3) Industrial Purchase Offer

(4) Initial Public Offer

(5) Indian Public Offer

Question No : 15

RBI has advised banks to install Note sorting machines in branches. In what way it will help the banks and general public?

(A) The machine will check counterfeit notes and drop these from circulation.

(B) This will help the bank to count the notes quickly and accurately.

(C) This will help in sorting of soiled notes.

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Only (B) and (C)

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

Question No : 16

Tejaswini Sawant is the first Indian woman to be crowned world champion in _____________

(1) Shooting

(2) Wrestling

(3) Boxing

(4) Athletics

(5) None of these

Question No : 17

NAV is normally used in respect of schemes floated by _________

(1) Banks

(2) Mutual funds

(3) Insurance Companies

(4) Merchant banker

(5) None of these

Question No : 18

Trade balance of a country is equal to _____

(1) Exports-Imports

(2) Balance of Payments

(3) BOP + Net invisibles

(4) BOP - Net invisibles

(5) None of these

Question No : 19

The headquarters of SAARC is in ___________

(1) Kathmandu

(2) New Delhi

(3) Islamabad

(4) Dhaka 

(5) Colombo

Question No : 20

The seat of International Court of Justice is established at ______________

(1) Geneva

(2) Hague

(3) Chicago

(4) Switzerland

(5) Washington