Question. 1)Which of the
following types of banks/organizations are now allowed to accept Foreign Currency Deposits from NRI
and Persons of Indian origin ?
A.
Post Officers
B. Nationalised Banks
C.
Regional Rural Banks
D.
Non- banking finance companies
E.
Cooperative Credit Societies
Question. 2)
Many a time we come across a term in financial
newspapers ‘Balance of payments’. What
does it really reflect ? A)It is the
statement of receipts from foreign countries and payments made to foreign countries. B) It is the statement of the total volume
of the GDP and share of imports in
it in terms of the percentage of GDP.
C) It is the statement of total receipt of the Government and its share
in total GDP in terms of the percentage.
A.
Only C
B.
Both A & B
C. Only A
D.
Only B
E.
None of these
Question. 3)
Who amongst
the following has written the book A
Himalayan Love Story ?
A. Namita Gokhale
B.
Shashi Deshpande
C.
Avijit Pathak
D.
Amitab Ghosh
E.
None of these
Question. 4)
The Chairman
of the Bank of Maharashtra in one of his interviews to the press had said that the Bank’s ability to raise
low cost CASA Deposits is likely to grow further. What is the full form of ‘CASA’
?
A. Current Account and Savings Account
B.
Commercial Accounts and Social Accounts
C.
Credit Account and Service Account
D.
Core Account and Small Accounts
E.
None of these
Question. 5)
The Reserve
Bank of India keeps on changing correcting various indicators/rates/ratios applicable to the
banking industry. What at present is
the Statutory Liquidity Ratio (SLR) ?
A. 25 %
B.
12 %
C.
33 %
D.
7 %
E.
None of these
Question. 6)
Which of the following statements about
banking operations is CORRECT as they
help banks to run their shops ? A)The
public holds as much currency (M) as it desires to hold with it and therefore any additional money earned by
it is placed in the form of
deposits with banks. B)The banks lend all the deposits received
by them from public up to the
minimum legal cash reserve ratio requirement determined by the RBI. It means banks do not keep ay excess cash
reserves with themselves. C)The minimum legal cash Reserve ratio is set by the
RBI. D)Bank’s assets are only in the
form of Cash Reserves and loans and its liabilities comprise only of the demand
deposits.
A.
Only C
B.
Only A
C.
Both A & C
D.
Both C & D
E. All A , B, C & D
Question. 7)
We, every now and then, read in the newspapers
that some banks are earning good
profits while some are not doing so well. The major part of a bank’s
profit generally comes from which of the following activities ? A)Providing banking services like opening
accounts, providing safe deposit
vaults, etc B)Remittance
facilities. Collecting cheques, etc
C)Interest on loans, the investment which banks make, by using money of
the depositors.
A.
Both A & B
B.
Only B
C.
Only C
D. All A , B & C
E.
Only A
Question. 8)
Many a time
we read in newspapers about ‘Know Your Customers’ norms to
be followed by the banks. Why so much emphasis is paid on KYC norms ? (Pick up the correct statement ).
A. It is basically an ‘Anti-Money Laundering’
exercise.
B.
It is an activity which allows banks to protect the indentity of its High Worth
Customers so that other banks who are their competitors, cannot approach them.
C.
The purpose of this is to bring more and more people in Income Tax network.
D.
It is measure to provide quick and prompt service to the customers
E.
None of these
Question. 9)
Which of the following is NOT a civilian award
?
A.
Bharat Ratna
B. Borlough Award
C. Arjun Award
D.
Ashok Chakra
E.
Padma Shri
Question. 10)
Every now
and then we read in newspapers that the RBI has revised/changed various rates like SLR, CRR,
Bank Rate, etc. The purpose of
revision in various Rates/Ratios is to
A)Influence demand deposit creating power of commercial banks B)Control inflation in the economy C)Provoke commercial banks to lower their
fee-based income
A.
Both C & D
B. Both A & C
C.
Only C
D.
All A , B, C & D
E.
Only A
Question. 11)
As per the
newspaper reports, some economically developed states only hold about 60% of the total ‘Demat
Accounts’ in India. A Demat Account is
A.
an account which can be operated by big corporate houses and are mainly
business accounts like current accounts.
B.
an account which can be opened only by mirrors.
C.
an account which is opened by the people of the lower income groups of society.
D. an account in which trading of the shares
is done.
E.
None of these
Question. 12)
Union Budget is always presented first in
A.
Meeting of the Union cabinet
B.
The Rajya Sabha
C.
Joint Session of the parliament
D. The Lok Sabha
E.
The State assemblies
Question. 13)
The stock
market index of London Stock Market is referred as
A.
Bullish
B. Footsie(FTSE)
C.
NIFTY
D.
None
E.
Sensex
Question. 14)
Which of the following names is NOT a foreign
bank working in India ?
A.
Standard Chartered
B. Yes Bank
C.
Barclays
D.
All are foreign banks
E.
HSBC
Question. 15)
Heavy water
is normally used by which of the following
industries ?
A.
Pharma industry
B. Nuclear power generation plants
C.
Paper industry
D.
Sugar plants
E.
None of these
Question. 16)
Who amongst the following is the author of the
book Pakistan- The Gathering Storms
?
A. Benazir Bhutto
B.
Pervez Musharaf
C.
Arun Gandhi
D.
Arun Shourie
E.
None of these
Question.1
7)
Many a times
we read a term in financial newspapers-GDR. What is the full form of the same ?
A.
Gross Domestic Revenue
B.
Gross Depository Revenue
C.
Global Domestic Ratio
D. Global Depository Receipts
E.
None of these
Question. 18)
Many times
we read in newspapers about GM crops. What is the full form of ‘GM’ ?
A.
General Marketed
B.
Globally Marketed
C. Genetically Modified
D.
Green & Moisturous
E.
None of these (Your Answer)
Question.1
9)
Who amongst
the following is the author of the book Namesake ?
A.
Shobhaa De
B. Jhumpa Lahiri
C.
Vikram Seth
D.
Kiran Desai
E.
None of these
Question. 20)
Various Govt
agencies/organizations are given responsibilities for implementing various policies/decisions of
the Govt of India. Policies about
credit flow to the agricultural/priority sector are framed/implemented through
which of the following apex bodies ?
A.
IDBI Bank
B.
UTI
C.
None
D.
ECGC
E. NABARD
