1. U.K. Sinha, who was in the recent news, is the Chairman of
1) Planning Commission of India
2) Securities and Exchange Board of India
3) Competition Commission of India
4) Insurance Regulatory and Development Authority
5) Forwards Market Commission
2. Who among the following was recently appointed as the new Governor of the Reserve Bank of India?
1) K.C. Chakrabarty
2) Urjit Patel
3) Raghuram Rajan
4) Anand Sinha
5) H.R. Khan
3. Which of the following does not correctly describe NABARD?
1) It is an apex development bank
2) Its headquarters is based in New Delhi
3) It was established in 1982 by a special act by the parliament
4) It is active in developing financial inclusion policy
5) It is responsible for credit flow for elevation of agriculture & rural non farm sector
4. To which country does Muhammad Yunus, who developed the concepts of microcredit and microfinance, belong?
1) Egypt
2) Pakistan
3) Indonesia
4) Afghanistan
5) Bangladesh
5. Which of the following does not correctly explain the market practice of Insider Trading?
1) It is the trading of a public company's stock.
2) It is the trading of bonds or stock options by individuals with access to non-public information about the company.
3) Matters related to insider trading in India are dealt by Forward Market Commission.
4) Insider trading in India is governed by the Prohibition of Insider Trading regulations 1992.
5) None of these
6. Which of the following has the authority to appoint Banking Ombudsman in India?
1) SEBI
2) RBI
3) NABARD
4) CII
5) Ministry of Finance, Government of India
7. Union Finance Minister P.Chidambaram recently asked Public sector banks of India to set up ATMs in all branches by
1) December 2013
2) January 2014
3) March 2014
4) October 2014
5) January 2015
8. Which of the following companies manufacture Electronic Voting Machines (EVMs) in India?
1) Bharat Electronics Limited
2) Electronics Corporation of India
3) Hindustan Machine Tools
4) Steel Authority of India Limited
5) Both 1 and 2
9. Which of the following, in the banking sector, measures the ability of a company to meet its short term debt obligations?
1) Current ratio
2) Acid test ratio
3) Cash ratio
4) Working capital ratio
5) All of the above
10. The Reserve Bank of India recently barred from disbursing loans against gold coins weighing more than
1) 10 grams
2) 25 grams
3) 50 grams
4) 100 grams
5) 122 grams
11. Who has authored the titled 'Half Life'?
1) Shelley Jackson
2) Vikram Seth
3) Hillary Clinton
4) Lisa Ray
5) Angelina Jolie
12. Which of the following is correct regarding the Securities Transaction Tax?
1) It is not applicable on off-market transactions
2) It is not applicable on commodity
3) It is not applicable on currency transactions
4) It was originally introduced in 2004
5) All of the above
13. Which of the following statements is/are correct regarding FDI or FII stake in any company?
1) Less than 10% stake in a company is treated as FDI under international classification.
2) More than 10 percent stake in a company is treated as FII under international classification.
3) FDI entities have greater powers in terms of share transactions and voting rights in comparison to FII.
4) FII are allowed to conduct private transaction, while FDIs are not.
5) All of the above
14. Every commercial bank in India have to maintain liquid assets such as precious metals (gold) or other approved securities as reserves other than the cash. This is known as Statutory Liquidity Ratio. What is present rate?
1) 40%
2) 32%
3) 25%
4) 23%
5) 18%
15. The government is giving a fresh push to its flagship rural employment scheme ahead of the general elections, providing additional funds to four states. Which one is not among those states?
1) Uttar Pradesh
2) Bihar
3) Chhattisgarh
4) Jharkhand
5) Odisha
16. What is the standard weight in which gold is quoted in the international market?
1) Ounce
2) Gram
3) Troy ounce
4) Grain
5) Pennyweight
17. Who heads the committee on Insurance Broking which was in news recently?
1) Abhihit Sen
2) Suresh Mathur
3) Anil Pradhan
4) Ketan Agarwal
5) Dinesh Avasthi
18. Mr. Anil Khatri filed a complaint with the Banking Ombudsman. However, he is not satisfied with the decision of the Ombudsman. Whom can he approach now for the redressal of his grievance?
1) Chief Justice of respective High Court
2) Banking Ombudsman Tribunal
3) Governor of Reserve Bank of India
4) Supreme Court of India
5) Deputy Governor of Reserve Bank of India
19. What is the name of a path-breaking initiative by the Government and the Indian Banks' Association which promises to bring basic banking services to 73,000 unbanked villages with a population of 2,000 and above?
1) Swabalamban
2) Chetna
3) Swabhimaan
4) Akanksha
5) Sugam - Sulabh
20. In which state of India is the Koyna Hydroelectric Power Project located?
1) Odisha
2) Maharashtra
3) Andhra Pradesh
4) Karnataka
5) Gujarat
21. Which of the following categories does not come under Priority Sector Lending in India?
1) Education
2) Housing
3) Export credit
4) Health
5) Micro and Small Enterprises
22. What was the number of banking licence applicants before the Reserve Bank of India for opening of new banks by 31 May 2013?
1) 15
2) 26
3) 33
4) 40
5) 44
23. As per a new circular by the Reserve Bank of India in July 2013, for High Risk Customers / entities, Banks will now be required to update KYC data only once in
1) 1 month
2) 3 months
3) 6 months
4) 1 year
5) 2 years
24. To whom is the Pre-Shipment Finance given in India?
1) Aviation companies
2) Exporters
3) Stock Market Brokers
4) Importers
5) Individuals with CIBIL rank above 850
25. With which of the following countries in the Nifty Index associated?
1) Japan
2) USA
3) India
4) The Netherlands
5) Britain
26. The abbreviation RIDF stands for
1) Rural Infrastructure Development Fund
2) Rural Investment for Development of Farming
3) Rate in Diligent Firm
4) Rural India's Direct Fund
5) None of these
27. In which month of the year is Income Tax Return filed in India where the assesses is a Company?
1) March
2) May
3) July
4) October
5) December
28. With which sport is Akshay B. Gaikwad associated?
1) Chess
2) Shooting
3) Billiards
4) Weightlifting
5) Archery
29. The 'Father of Mouse' died recently. Who was he?
1) Paul L. Morton
2) Douglas Engelbart
3) Eileen Clegg
4) Alan Kay
5) John R. Woodward
30. On which day is the World Consumer Rights Day celebrated across the world?
1) 14 January
2) 15 March
3) 8 April
4) 1 July
5) 5 August
31. The document which specifies the internal operations of a company is known as
1) Audit Report
2) Assessment Report
3) Article of Association
4) Operational Synopsis
5) Blueprint
32. With reference to the Swadhar Scheme, who among the following is/are not its beneficiaries?
1) Women victims of terrorist/ extremist violence
2) Widows deserted by their families
3) Women subject to domestic violence
4) Women survivors of natural disaster
5) Women with HIV/ AIDS deserted by their family
33. Which of the following companies has maximum sharedholding in the India Mortgage Guarantee Corporation (IMGC)?
1) National Housing Bank
2) Genworth
3) Asian Development Bank
4) International Finance Corporation
5) World Bank
34. The Reserve Bank recently released the final guidelines for issuing of new banking licences. As per these guidelines, foreign shareholding in the new bank for the first five years will be up to?
1) 16%
2) 33%
3) 49%
4) 51%
5) 64%
35. Which term is used to describe a situation where an inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high?
1) Recession
2) Depreciation
3) Stagflation
4) Depression
5) Running inflation
36. Which of the following is not correct regarding the Reverse Repo Rate?
1) It is the rate at which commercial banks borrow money from Reserve Bank of India.
2) It is a monetary policy instrument.
3) An increase in the reverse repo rate will decrease the money supply.
4) Both 2 and 3
5) None of these
37. Which measure is used by the Reserve Bank of India to buy or sell government bonds or other securities in open market?
1) Rationing of Credit
2) Direct Action
3) Consumer Credit
4) Consumer Credit Regulation
5) Open Market Operations
38. Who among the following is the Director of the Central Bureau of Investigation?
1) Ranjit Sinha
2) Amar Pratap Singh
3) U.S. Misra
4) R.K. Raghavan
5) P.C. Sharma
39. Who among the following is the recipient of the Rajiv Gandhi National Sadhbhavna Award 2013?
1) A.R. Rahman
2) D.R. Mehta
3) Amjad Ali Khan
4) Yash Chopra
5) Shiv Kumar Sharma
40. Who is appointed as the Chairman of the Federal Reserve Bank of the United States of America?
1) Treasury Secretary of the United States.
2) A member of the Board of Governors of the Federal Reserve Bank.
3) A former Governor on the board of the International Monetary Fund.
4) Anyone having expertise in the field of finance and social service.
5) None of these
ANSWERS:
1-2, 2-3, 3-2, 4-5, 5-3, 6-2, 7-3, 8-5, 9-5, 10-3
11-1, 12-5, 13-3, 14-4, 15-3, 16-3, 17-2, 18-5, 19-3, 20-2
21-4, 22-2, 23-5, 24-2, 25-3, 26-1, 27-4, 28-4, 29-2, 30-2
31-3, 32-3, 33-1, 34-3, 35-3, 36-1, 37-5, 38-1, 39-3, 40-2
1) Planning Commission of India
2) Securities and Exchange Board of India
3) Competition Commission of India
4) Insurance Regulatory and Development Authority
5) Forwards Market Commission
2. Who among the following was recently appointed as the new Governor of the Reserve Bank of India?
1) K.C. Chakrabarty
2) Urjit Patel
3) Raghuram Rajan
4) Anand Sinha
5) H.R. Khan
3. Which of the following does not correctly describe NABARD?
1) It is an apex development bank
2) Its headquarters is based in New Delhi
3) It was established in 1982 by a special act by the parliament
4) It is active in developing financial inclusion policy
5) It is responsible for credit flow for elevation of agriculture & rural non farm sector
4. To which country does Muhammad Yunus, who developed the concepts of microcredit and microfinance, belong?
1) Egypt
2) Pakistan
3) Indonesia
4) Afghanistan
5) Bangladesh
5. Which of the following does not correctly explain the market practice of Insider Trading?
1) It is the trading of a public company's stock.
2) It is the trading of bonds or stock options by individuals with access to non-public information about the company.
3) Matters related to insider trading in India are dealt by Forward Market Commission.
4) Insider trading in India is governed by the Prohibition of Insider Trading regulations 1992.
5) None of these
6. Which of the following has the authority to appoint Banking Ombudsman in India?
1) SEBI
2) RBI
3) NABARD
4) CII
5) Ministry of Finance, Government of India
7. Union Finance Minister P.Chidambaram recently asked Public sector banks of India to set up ATMs in all branches by
1) December 2013
2) January 2014
3) March 2014
4) October 2014
5) January 2015
8. Which of the following companies manufacture Electronic Voting Machines (EVMs) in India?
1) Bharat Electronics Limited
2) Electronics Corporation of India
3) Hindustan Machine Tools
4) Steel Authority of India Limited
5) Both 1 and 2
9. Which of the following, in the banking sector, measures the ability of a company to meet its short term debt obligations?
1) Current ratio
2) Acid test ratio
3) Cash ratio
4) Working capital ratio
5) All of the above
10. The Reserve Bank of India recently barred from disbursing loans against gold coins weighing more than
1) 10 grams
2) 25 grams
3) 50 grams
4) 100 grams
5) 122 grams
11. Who has authored the titled 'Half Life'?
1) Shelley Jackson
2) Vikram Seth
3) Hillary Clinton
4) Lisa Ray
5) Angelina Jolie
12. Which of the following is correct regarding the Securities Transaction Tax?
1) It is not applicable on off-market transactions
2) It is not applicable on commodity
3) It is not applicable on currency transactions
4) It was originally introduced in 2004
5) All of the above
13. Which of the following statements is/are correct regarding FDI or FII stake in any company?
1) Less than 10% stake in a company is treated as FDI under international classification.
2) More than 10 percent stake in a company is treated as FII under international classification.
3) FDI entities have greater powers in terms of share transactions and voting rights in comparison to FII.
4) FII are allowed to conduct private transaction, while FDIs are not.
5) All of the above
14. Every commercial bank in India have to maintain liquid assets such as precious metals (gold) or other approved securities as reserves other than the cash. This is known as Statutory Liquidity Ratio. What is present rate?
1) 40%
2) 32%
3) 25%
4) 23%
5) 18%
15. The government is giving a fresh push to its flagship rural employment scheme ahead of the general elections, providing additional funds to four states. Which one is not among those states?
1) Uttar Pradesh
2) Bihar
3) Chhattisgarh
4) Jharkhand
5) Odisha
16. What is the standard weight in which gold is quoted in the international market?
1) Ounce
2) Gram
3) Troy ounce
4) Grain
5) Pennyweight
17. Who heads the committee on Insurance Broking which was in news recently?
1) Abhihit Sen
2) Suresh Mathur
3) Anil Pradhan
4) Ketan Agarwal
5) Dinesh Avasthi
18. Mr. Anil Khatri filed a complaint with the Banking Ombudsman. However, he is not satisfied with the decision of the Ombudsman. Whom can he approach now for the redressal of his grievance?
1) Chief Justice of respective High Court
2) Banking Ombudsman Tribunal
3) Governor of Reserve Bank of India
4) Supreme Court of India
5) Deputy Governor of Reserve Bank of India
19. What is the name of a path-breaking initiative by the Government and the Indian Banks' Association which promises to bring basic banking services to 73,000 unbanked villages with a population of 2,000 and above?
1) Swabalamban
2) Chetna
3) Swabhimaan
4) Akanksha
5) Sugam - Sulabh
20. In which state of India is the Koyna Hydroelectric Power Project located?
1) Odisha
2) Maharashtra
3) Andhra Pradesh
4) Karnataka
5) Gujarat
21. Which of the following categories does not come under Priority Sector Lending in India?
1) Education
2) Housing
3) Export credit
4) Health
5) Micro and Small Enterprises
22. What was the number of banking licence applicants before the Reserve Bank of India for opening of new banks by 31 May 2013?
1) 15
2) 26
3) 33
4) 40
5) 44
23. As per a new circular by the Reserve Bank of India in July 2013, for High Risk Customers / entities, Banks will now be required to update KYC data only once in
1) 1 month
2) 3 months
3) 6 months
4) 1 year
5) 2 years
24. To whom is the Pre-Shipment Finance given in India?
1) Aviation companies
2) Exporters
3) Stock Market Brokers
4) Importers
5) Individuals with CIBIL rank above 850
25. With which of the following countries in the Nifty Index associated?
1) Japan
2) USA
3) India
4) The Netherlands
5) Britain
26. The abbreviation RIDF stands for
1) Rural Infrastructure Development Fund
2) Rural Investment for Development of Farming
3) Rate in Diligent Firm
4) Rural India's Direct Fund
5) None of these
27. In which month of the year is Income Tax Return filed in India where the assesses is a Company?
1) March
2) May
3) July
4) October
5) December
28. With which sport is Akshay B. Gaikwad associated?
1) Chess
2) Shooting
3) Billiards
4) Weightlifting
5) Archery
29. The 'Father of Mouse' died recently. Who was he?
1) Paul L. Morton
2) Douglas Engelbart
3) Eileen Clegg
4) Alan Kay
5) John R. Woodward
30. On which day is the World Consumer Rights Day celebrated across the world?
1) 14 January
2) 15 March
3) 8 April
4) 1 July
5) 5 August
31. The document which specifies the internal operations of a company is known as
1) Audit Report
2) Assessment Report
3) Article of Association
4) Operational Synopsis
5) Blueprint
32. With reference to the Swadhar Scheme, who among the following is/are not its beneficiaries?
1) Women victims of terrorist/ extremist violence
2) Widows deserted by their families
3) Women subject to domestic violence
4) Women survivors of natural disaster
5) Women with HIV/ AIDS deserted by their family
33. Which of the following companies has maximum sharedholding in the India Mortgage Guarantee Corporation (IMGC)?
1) National Housing Bank
2) Genworth
3) Asian Development Bank
4) International Finance Corporation
5) World Bank
34. The Reserve Bank recently released the final guidelines for issuing of new banking licences. As per these guidelines, foreign shareholding in the new bank for the first five years will be up to?
1) 16%
2) 33%
3) 49%
4) 51%
5) 64%
35. Which term is used to describe a situation where an inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high?
1) Recession
2) Depreciation
3) Stagflation
4) Depression
5) Running inflation
36. Which of the following is not correct regarding the Reverse Repo Rate?
1) It is the rate at which commercial banks borrow money from Reserve Bank of India.
2) It is a monetary policy instrument.
3) An increase in the reverse repo rate will decrease the money supply.
4) Both 2 and 3
5) None of these
37. Which measure is used by the Reserve Bank of India to buy or sell government bonds or other securities in open market?
1) Rationing of Credit
2) Direct Action
3) Consumer Credit
4) Consumer Credit Regulation
5) Open Market Operations
38. Who among the following is the Director of the Central Bureau of Investigation?
1) Ranjit Sinha
2) Amar Pratap Singh
3) U.S. Misra
4) R.K. Raghavan
5) P.C. Sharma
39. Who among the following is the recipient of the Rajiv Gandhi National Sadhbhavna Award 2013?
1) A.R. Rahman
2) D.R. Mehta
3) Amjad Ali Khan
4) Yash Chopra
5) Shiv Kumar Sharma
40. Who is appointed as the Chairman of the Federal Reserve Bank of the United States of America?
1) Treasury Secretary of the United States.
2) A member of the Board of Governors of the Federal Reserve Bank.
3) A former Governor on the board of the International Monetary Fund.
4) Anyone having expertise in the field of finance and social service.
5) None of these
ANSWERS:
1-2, 2-3, 3-2, 4-5, 5-3, 6-2, 7-3, 8-5, 9-5, 10-3
11-1, 12-5, 13-3, 14-4, 15-3, 16-3, 17-2, 18-5, 19-3, 20-2
21-4, 22-2, 23-5, 24-2, 25-3, 26-1, 27-4, 28-4, 29-2, 30-2
31-3, 32-3, 33-1, 34-3, 35-3, 36-1, 37-5, 38-1, 39-3, 40-2
