PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-99

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

 

Question No : 1

“Yen” is the currency of ____________

(1) China

(2) South Korea

(3) North Korea

(4) Taiwan

(5) None of these

Question No : 2

Which of the following awards is given for excellence in the field of Literature?

(1) Saraswati Samman

(2) Tansen Samman

(3) Kalidas Samman

(4) Arjuna Award

(5) None of these

Question No : 3

Which of the following terms is related with the game of Hockey?

(1) Back Swing

(2) Short grip

(3) Hook

(4) Slice

(5) Short corner

Question No : 4

Which of the following nations is found at the top of the “World’s Green Index”, compiled by various global agencies jointly? 

(1) China

(2) India

(3) USA

(4) Britain

(5) Japan

Question No : 5

Which of the following agencies has estimated that by the year 2015 about a quarter of India’s population will be living in extreme poverty?

(1) Asian Development Bank

(2) UN Food and Agricultural Organisation

(3) UN Economic & Social Council

(4) International Monetary Fund

(5) World Bank

Question No : 6

BCCI is an organization working in the field of_______

(1) Sports

(2) Science & Technology

(3) Space Research

(4) Social Welfare

(5) World Peac

Question No : 7

Which of the following rates is not decided by the Reserve Bank of India?

(1) Bank Rate

(2) Repo Rate

(3) Reverse Repo Rate

(4) Income Tax Rates

(5) All of these

Question No : 8

‘SEBI’ bans some companies for their role in ‘F & O Scam’, was the news in some major newspapers. What is the full form of ‘F & O’?

(1) Fair & Optimum

(2) Free & Operational

(3) Future & Operations

(4) Future & Options

(5) None of these

Question No : 9

Which among the following activities can not be considered a common activity of a general Bank customer?

(1) use of tele-banking

(2) use of ATMs

(3) start of EFT facility

(4) Use of Banker’s cheque

(5) increase or decrease in PLR and announcement of credit policy

Question No : 10

Which one of the following is not a function of International Monetary Fund?

(1) It provides short term credit to its members

(2) It arranges for conversation of currencies

(3) It secures stability in the rates of foreign exchange

(4) It can create new money for stabilising exchange rate

(5) None of these

Question No : 11

Variable factors are the inputs whose amount can be varied in the ____.

(1) Short run

(2) amount can’t be varied

(3) medium term

(4) absolute term

(5) None of these

Question No : 12

‘French Auction’ is a term used in which of the following sectors of financial services?

(1) Banking

(2) Insurance

(3) Micro-finance

(4) Capital markets

(5) None of these

Question No : 13

Many times we read in newspapers about the G.M. Crops, What is the full form of ‘GM’?

(1) Generally Marketed

(2) Genetically Modified

(3) Green and Moisturous

(4) Globally Marketed

(5) None of these

Question No : 14

Many times we read a term ‘ECB’ in financial newspapers. What is the full form of ECB?

(1) External Credit and Business

(2) Essential Commercial Borrowing

(3) External Commercial Borrowing

(4) Essential Credit and Borrowing

(5) None of these

Question No : 15

Chinese Parliament is known as

(1) National People’s Congress

(2) The House of Democracy of China

(3) National Assembly

(4) The National Parliament of China

(5) None of these

Question No : 16

Which of the following is NOT a Programme of the Social Sector?

(1) Indira Aawas Yojana

(2) Integrated Child Development Service

(3) Mid Day Meal Scheme

(4) National Social Assistant Program

(5) Bharat Nirman

Question No : 17

Sarva Shiksha Abhiyan (SSA) is a programme specifically designed to educate

(1) all adults who wish to become literate

(2) all girls who are above 25 years and did not get an opportunity to go to school

(3) all children in the age group of 6 – 14 years

(4) all those who wish to complete graduation but do not have resources

(5) None of these

Question No : 18

Rajiv Gandhi Akshay Urja Divas is celebrated in the country to promote the concept of

(1) Protect your health

(2) Grow more trees

(3) Save water

(4) Use bio fuel

(5) None of these

Question No : 19

Which of the following terms is NOT used in Banking Operations?

(1) Risk Management

(2) Acceptance of Settlement

(3) Melting Point

(4) Back to Back Transaction

(5) Authentication

Question No : 20

Among the banks in our country which of the following is not a foreign bank?

(1) HSBC

(2) Standard Chartered Bank

(3) BNP Paribas

(4) Citi Bank NA

(5) Ing Vysya Bank