Q 1:- Which one of the following cannot be called as a Debt Instrument as referred in financial transaction
- Certificate of Deposits
- Bonds
- Stocks
- Commercial papers
- Loans
Q 2:- Which one of the following is true about the “SINGLE-EURO PAYMENT AREA” a concept very much in news these days ?
- It is a concept floated by European Union
- It aims to create an integrated marked for payments service in Euro
- It is a contract to convert all US dollar payment into EURO, which is a currency almost free from fluctuations in its value.
Choose the correct answer
- Only 1
- Only 2
- Only 3
- Only 1 & 2
- None of these
Q 3:- Which one of the following is the percentage upto which FDI in defence sector is allowed ?
- 26%
- 41%
- 31%
- 49%
- None of these
Q 4:- Whenever RBI does some Open Market Operation Transactions, actually it wishes to regulate which of the following
- Inflation only
- Liquidity in Economy
- Borrowing powers of the banks
- Flow of Foreign Direct Investments
- None of these
Q 5:- In economics it is generally believed that the main objective of Public Sector Financial Company like Bank is to-
- Employ more and more people
- Maximize total profits
- Maximize total production
- Provide financial service to the people of nation of its origin across the country
- Sell all goods at subsidized cost
Q 6:- A company the use of price sensitive corporate information by the company- people to make gains or cover loses is known as-
- Insider trading
- Future trading
- Foreign trading
- Stock trading
- None of these
Q 7:- What is repo rate ?
- It is a rate at which RBI sell Govt. securities to banks
- It is a rate at which RBI buys Govt. securities from bank
- It is a rate at which RBI allows small loans in market
- It is a rate which is offered by banks to their most valued customers or prime customers
- None of these
Q 8:- The agricultural census is done at which of the following intervals ?
- There is no fixed term
- Every year
- Once in three years
- Once in ten years
- Once in five years
Q 9:- The maximum amount of total revenue earned by the government of India comes from-
- Income tax
- Custom duty
- Excise duty
- VAT
- Corporate tax
Q 10:- The amount of which of the following reflects the overall budgetary position of the government of India at a given time ?
- Revenue Deficit
- Total amount of income tax collected
- Capital Deficit
- Fiscal Deficit
- None of these
Q 11:- As per the directive issued by the Prime Minister’s Economic Advisory Council (EAC), the % of the current account deficit (of the total GDP) during 2008-09 should not be more than –
- 8%
- 0%
- 1%
- 2%
- None of these
Q 12:- Which of the following financial product is NOT much popular in India as they are launched recently only ?
- Development bonds
- Insurance policies
- Mutual funds
- Sovereign wealth funds
- All are very popular products in India
Q 13:- Bharat Nirman does not cover which of the following areas ?
- Rural employment
- Rural housing
- Rural water supply
- Irrigation facilities
- All of the above
Q 14:- Which of the following committee has given its recommendations on financial inclusions ?
- Rakesh Mohan committee
- Rangarajan committee
- Sinha committee
- Kelkar committee
- None of these
Q 15:- Which of the following policies of a country brings a crucial impact on the economic growth of the nation
- Fiscal policy
- Foreign policy
- Social policies
Choose the correct answer
- Only 1
- Only 2
- Only 1 & 2
- Only 2 & 3
- All 1, 2 & 3
Q 16:- Which of the following correctly describes what sub-prime lending is ?
- Lending to the people who cannot return the loans
- Lending to the people who are high value customers of the banks
- Lending to those who are not a regular customers of a bank
Choose the correct answer
- Only 1
- Only 2
- Only 3
- All 1, 2 & 3
- None of these
Q 17:- Which of the following services provided by a bank in India is not liable for Service Tax as per existing laws ?
- Safe deposit lockers
- Merchant banking services
- Credit cards
- Discount earned on certain discounted bills
- None of these
Q 18:- Which among the following gave the concept of RUPA (providing urban facilities in rural areas) ?
- Rajeev Gandhi
- Manmohan Singh
- APJ Abdul Kalam
- Sonia Gandhi
- None of these
Q 19:- In India minimum supports prices are announced by the Government of India every year. Which of the following commodities is not covered under this policy ?
- Sugar
- Wheat
- Cotton
- White goods
- All of the above
Q 20:- The higher rate of growth of economy certainly reduces the –
- Gender inequalities
- Poverty
- Population of a country
- Flow of foreign direct investment
- None of these
Q 21:- The 11th five year plan is termed as plan for-
- India’s health
- Eradication of poverty from India
- India’s education
- Development of rural India
- None of these
Q 22:- Which of the following is given permanent membership of the World Trade Organization recently
- Ukraine
- India
- Pakistan
- Sri Lanka
- None of these
Q 23:- The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector this type of phenomenon is known as –
- Probability risk
- Market risk
- Inflation risk
- Credit risk
- None of these
Q 24:- Which of the following is/are the major concepts visible in today’s banking industry in india
- Risk Based management
- Growing competition
- IT initiatives
Choose the correct answer
- Only 1
- Only 2
- Only 3
- Both 2 & 3
- All 1,2 & 3
Q 25:- An industry which is fighting hard to increase its market share in existing market (with new popular products) is known as-
- Market vendor
- Market operator
- Market leader
- Market follower
- Market challenger
Q 26:- Ksenya Sukhinova from____ was, in December, 2008 crowned Miss World 2008
- Croatia
- Latvia
- Russia
- Sweden
- None of these
Q 27:- Which of the following is/are the objectives of developing special economic zones (SEZs) ?
- Generate additional economic activities
- Generate additional employment opportunities
- Promotion of export of good and services
Choose the correct answer
- Only 1
- Only 2
- Only 3
- Only 1 & 2
- All 1,2 & 3
Q 28:- Which of the following products launched by most of the banks help farmers in getting instant credit for various agricultural purpose ?
- Kissan credit card
- Personal loan
- Business loan
- ATM card
- None of these
Q 29:- Which of the following products of the bank is specifically designed to provide financial help to children in their higher studies in India or in a foreign nation?
- Personal loan
- Corporate loan
- Educational loan
- Mortgage loan
- None of these
Q 30:- Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank ?
- It does not accept deposits
- It has a limited cash disbursement
- Lack of human interface
Choose the correct answer
- Only 1
- Only 2
- Only 3
- All 1,2 & 3
- None of these are limitations
Q 31:- When the prices of commodities, goods and services starts declining consistently, the phenomenon is known as-
- Discount yield
- Deflation
- Negative growth
- Market capitalization
- None of these
Q 32:- A bank /financial organization these days relies heavily on e-commerce for its transactions . As a part of system security, it has introduced organization’s security awareness manual. This step of the organization can be classified under which one of the following categories of measures for a business ?
- Preventive
- Compliance
- Corrective
- Detective
- None of these
Q 33:- Which of the following policies of the financial sectors is basically designed to transferring local financial asset freely and at market determined exchanged rates ? Policy of-
- Capital account convertibility
- Financial deficit management
- Minimum support price
- Restrictive trade practices
- None of these
Q 34:- A customer wishes to purchase some US Dollars in India. He/she should go to –
- Public Debt Division of the RBI only
- American Express Bank only
- RBI or Any branch of the bank which is authorized for such business
- Ministry of foreign affairs
- None of these
Q 35:- India’s look east policy was launched in the year-
- 1990
- 1992
- 1995
- 2000
- None of these
Q 36Sania MIrza & Mahesh Bhupati won which of the following titles recently ?
- Australia Open
- US Open
- Wimbledon Finals
- Davis Cup Final
- None of these
Q 37:- Which of the following books is written by Mr. Nandan Nilekani ?
- Imagining India
- A Good Woman
- Between the Assassinations
- The White Tiger
- None of the these
Q 38:- United States President elect Barak Obama was, in December 2008, named person of the year for 2008 by –magazine
- News week
- Economist
- Time
- The guardian
- Forbes
Q 39:- Which of the following is not a social assistance programme launched by the Government of India ?
- National Old Age Pension Scheme
- Annapurna Scheme
- National Family Benefit Scheme
- Indira Awas Yojna
- All are social assistance programmes
Q 40:- Mr. Paul Krugman whose name was name in news recently is a famous-
- Medical scientist
- Economist
- Author
- Astrophysicist
- Sports Personality
Q 41:- Mr. Raman Singh has taken over as the Chief Minister of which of the following states after a general elections therein November/December 2008 ?
- Jammu and Kashmir
- Madhya Pradesh
- Delhi
- Chhattisgarh
- None of these
Q 42:- Which of the following countries is not a member of Asia Pacific economic Co-operation (APEC) which was in news recently ?
- South Korea
- Canada
- China
- India
- USA
Q 43:- Mr. Hosni Mubarak who is the recipient of the Jawahar Lal Nehru award for international understanding recently is the –
- President of South Africa
- Prime minister of South Africa
- President of Egypt
- Prime minister of Egypt
- Secretary general of UNO
Q 44:- The compulsory education act will ensure education to the children upto the age of –
- 10 years
- 12 years
- 8 years
- 6 years
- None of these
Q45:- Many times we see in newspapers that some projects are launched by the government authorities on PP basis. What is the full form of PPP?
- Preferential payment plan
- Public private partnership
- Partial payment project
- Popular private project
- Public private plan
Q 46:- Which of the following countris is planning to launch its Moon Mission Space Vehicle Named as MOON LITE ?
- Pakistan
- Germany
- Russia
- France
- Britain
Q 47:- The Buckingham Canal which is declared a National Waterway of India recently is a canal running from –
- Punjab – Haryana
- Mumbai – Goa
- Vijaywada – Villupuram
- Kochi-Kozhikode
- Kanyakumarin – Rameshwaram
Q 48:- The World Development Report- 2009 is released a few months earlier, by which of the following organizations ?
- UNESCO
- ADB
- IMF
- WTO
- World Bank
Q 49:- What is the Statutory liquidity ratio (SLR) at present ?
- 14%
- 18%
- 20%
- 24%
- None of these
Q 50:- Mr. Kunwar Narayan who was selected for the Jnanphit Award(for 2005) recently is a famous poet and writer in –
- Urdu
- English
- Gujarati
- Punjabi
- Hindi