1. The Central bank declared key rate from time to time. It is .......
1) Statutory Liquidity Ratio
2) Cash Reserve Ratio
3) Reverse Repo Rate
4) Repo Rate
5) All of above
2. The bank in India has to maintain at the close of business every day, a minimum proportion of their net demand and time liabilities as liquid assets in the form of cash, gold and un-encumbered approved securities.
The ratio of liquid assets to demand and time liabilities is known as ........
1) Cash Reserve Ratio (CRR)
2) Liquidity Stability Ratio (LSR)
3) Reverse Repo Rate
4) Liquidity Adjustment Facility (LAF)
5) Statutory Liquidity Ratio (SLR)
3. The present Statutory Liquidity Ratio (SLR) is ........
1) 22%
2) 27%
3) 20%
4) 28%
5) None of above
4. If Statutory Liquidity Ratio (SLR) raises by RBI, then bank funds....
1) Expand
2) Expand and shrink
3) Expand in the lengthy way
4) Shrink
5) None
5. If the Central bank slashes SLR by 1%, approximately how much liquidity increases in the economy?
1) Rs.30,000 crores
2) Rs.40,000 crores
3) Rs.10,000 crores
4) Rs.60,000 crores
5) Rs.1,50,000 crores
6. The SLR increases, then the liquidity in the economy ........
1) Increase
2) Increase by
100 times
3) Zero
4) Infinitive
5) Decrease
7. If Statutory Liquidity Ratio increases, the availability of bank loans ......
1) Increase
2) Decrease to zero percent
3) Become negative
4) Decrease
5) None
8. SLR increased by RBI, then inflation level ....
1) Increases
2) Decreases at the discretion of RBI
3) Zero
4) Decreases
5) Infinitive
9. Once SLR announced, that percentage is valid ....
1) For 1 year
2) For 2 years
3) For 6 months
4) For 9 months
5) Till it changes
10. If SLR raises, offer of base rate by banks ...
1) Increases
2) Decreases to more level
3) Becomes Zero
4) Decreases
5) Infinitive
11. In the first bi-monthly monetary policy review done by RBI on 1 April 2014, the SLR changed by how much percent?
1) 1%
2) 5%
3) 8%
4) SLR not changed by RBI
5) In bi-monthly monetary policy reviews, RBI cannot change SLR
12. Non-Banking Finance Companies (NBFCs), as per the provision in the new Companies Act, have to maintain what percent of the monies in low-interest securities or SLR-backed instruments?
1) 30%
2) 10%
3) 35%
4) 15%
5) 25%
13. In its first bi-monthly monetary policy statement issued on 1 April 2014, the RBI announced which major relief for saving bank account holders?
1) Customers need not submit photograph at the time of opening of Demand Deposits.
2) Signature may not be tallied for non-local station cheques.
3) Account holder not responsible for the deposited funds, so he is indirectly allowed to do money laundering.
4) Banks to cut down services on low-balance accounts and do away with fines.
5) Nomination once given, it is final and cannot be changed later.
14. RBI’s high level working group has suggested forming a Financial Resolution Authority (FRA) that would be responsible for the resolution of failed and distressed financial institutions in India. The group headed by ........
1) Raghuram Rajan
2) P.J. Nayak
3) Anand Sinha
4) K.C. Chakravarthy
5) None
15. Why did SEBI issue detailed corporate governance norms for listed companies on 17th April 2014?
1) In order to tell the RBI intervention.
2) To tell the importance of financial limits of companies.
3) To encourage companies to adopt best practices on governance.
4) In order to punish the evaders of transaction tax payers.
5) None
16. On 9 May 2014, RBI barred Indian companies from raising money from subsidiaries of Indian banks overseas through ECBs to refinance rupee loans. ECB stands for...
1) Easy Commercial Barrowings
2) Early Commercial Barrowings
3) Entry Commercial Barrowings
4) External Core Barrowings
5) External Commercial Barrowings
17. Air India decided to join which international airlines network from 1 July 2014?
1) Star Alliance
2) Kingfisher
3) Air Asia
4) Cathey Pacific
5) None
18. On 15 May 2014, RBI announced it launches inflation-linked bonds every month, starting 4 June 2014, to attract household savings of up to .............. discourage investments in gold.
1) Rs.5,000 crore
2) Rs.25,000 crore
3) Rs.45,000 crore
4) Rs.75,000 crore
5) Rs.15,000 crore
19. Which nation replaced Mauritius as the top source of foreign direct investment to India, accounting for about 25 percent of FDI inflows in 2013-14 as per the data of the Department of Industrial Policy and Promotion (DIPP) released on 25 May 2014?
1) Canada
2) USA
3) Singapore
4) France
5) Japan
20. Nokia’s mobile handset business taken over by whom for over $ 7.2 billion on 25 April 2014?
1) Samsung
2) Airtel
3) Uninor
4) Microsoft
5) TCS
21. Sukuma district is more effected by Naxalite attacks these days. It is in......
1) Jharkhand
2) Bihar
3) Odisha
4) Chhattisgarh
5) Goa
22. Which famous Hindu festival was celebrated in Rajasthan, where tourists from various parts of the world visited to celebrate the three-day-long festival?
1) Dhanu Yatra
2) Gangaur
3) Pushkar Mela
4) Desert Festival
5) None
23. ......has been named Chef-de-Mission of India’s Common Wealth Games contingent for the games to be held in Glasgow in July 2014?
1) Kamalesh Sharma
2) T.C.A. Raghavan
3) Raj Singh
4) Inderjith Guptha
5) Keerthi Swamy
24. Which of the following teams has won the Santosh Trophy 2014 football tournament recently?
1) Railways
2) Punjab
3) Mizoram
4) Kerala
5) None of above
25. Sania Mirza and Cara Black won WTA Portugal Open 2014 women’s doubles title on 3 May 2014. Sania belongs to India and Cara Black belongs to ......
1) Serbia
2) France
3) USA
4) Zimbabwe
5) South Africa
26. Para Olympician Sharath Gayakwad won two Bronze and one Silver at the IDM (Internationalen Deutschen Meisterschaften) on 27 April 2014. He is a...
1) Swimmer
2) Cyclist
3) Cricket Player
4 ) Shot put player
5) None
27. The Asia Pacific Economic Co-operation(APEC) details are given. Locate the correct option.
1) It is the group of 21 Asia Pacific nations.
2) It is an economic forum established in 1989.
3) Its head quarters is in Singapore and India is not a member in it.
4) It holds 40% of the world population.
5) All of above
28. 25th APEC summit held on 5-7 October 2013 at ......
1) New Delhi
2) Bali
3) Moscow
4) Canberra
5) None
29. 26th APEC summit in November 2014 to be held in .....
1) New York
2) Beijing
3) Singapore
4) Taiwan
5) None
30. United Nations International Telecommunications Union (ITU) said how many internet users will be there by end of 2014?
1) 3 billion users
2) 13 billion users
3) 23 billion users
4) 2 billion users
5) 4 billion users
31. United Nations International Telecommunications (ITU) established on 17 May 1865. Its’ head quarters is in Geneva, Switzerland. Its head is Hamadoun Toure belongs to ......
1) Mali
2) Maldives
3) Egypt
4) Chile
5) None
32. Sushma Swaraj became the first......
1) Women governor of any state in India
2) Women home minister of India
3) Lady speaker of Loksabha
4) External Affairs Minister of India
5) Health Minister of India
33. Election Queue Management System first time introduced in the Burdwan district in ........ on 30th April 2014 on the eve of 2014 General Elections?
1) AP
2) Tamilnadu
3) Bihar
4) Odisha
5) West Bengal
34. President Paul Kagame lit a torch which will burn for 100 days, the length of time a shameful genocide lasted in the country in 1994 in which at least 8 lakh people were killed. Paul Kagame is the President of .....
1) Rwanda
2) South Africa
3) Zambia
4) Nigeria
5) Tanzania
35. South Sudan and the nation’s rebel army signed a peace deal on 9 May 2014. The currency of South Sudan is..........
1) South Sudan Dollar
2) South Sudan Euro
3) South Sudan Ruble
4) South Sudan Pound
5) None
36. IRDA (Insurance Regulatory Authority of India) earmarked......as Insurance day, on which day it came in to existence in the year 2000?
1) 8 Jan
2) 15 Apr
3) 20 May
4) 19 Apr
5) None
37. Who heads the committee to assess implementation of the Sachar Committee recommendations
and the Prime Minister’s 15- point programme for minorities submitted its report recently?
1) Vijay C Kelkar
2) V.R. Krishna Iyer
3) Amitabh Kundu
4) Saroja Pandey
5) None
38. ‘Water, Peace and War - Confronting the Global Water Crisis’ written by......
1) Begum Raisana
2) Graham Poiana
3) Brahma Chellaney
4) Rahamani Chattopadhyay
5) None
39. 'Hard Choices' written by......
1) John Swift
2) Abdul Kalam
3) Hillary Clinton
4) Obama
5) Osama Bin Laden
40. Akash missile successfully test fired from Integrated Test Range (ITR) at Chandipur in Odisha. It is a......
1) Surface to air missile
2) Surface to surface missile
3) Air to air missile
4) Air to water missile
5) None
41. Which company acquired Cadbury India?
1) Parle
2) Britania
3) Mondelez India
4) COCO India
5) 5 Star
42. The process through which an investor’s physical share certificate gets converted to electronic format which is maintained in an account with the Depository Participant, is termed as ......
1) Materialization
2) Polarization
3) Conversion
4) Prioritization
5) Dematerialization
ANSWERS:
1-5, 2-5, 3-5, 4-4, 5-4, 6-5, 7-4, 8-4, 9-5, 10-4
11-4, 12-4, 13-4, 14-3, 15-3, 16-5, 17-1, 18-5, 19-3, 20-4
21-4, 22-3, 23-3, 24-3, 25-4, 26-1, 27-5, 28-2, 29-2, 30-1
31-1, 32-4, 33-5, 34-1, 35-4, 36-4, 37-3, 38-3, 39-3, 40-1, 41-3, 42-5
1) Statutory Liquidity Ratio
2) Cash Reserve Ratio
3) Reverse Repo Rate
4) Repo Rate
5) All of above
2. The bank in India has to maintain at the close of business every day, a minimum proportion of their net demand and time liabilities as liquid assets in the form of cash, gold and un-encumbered approved securities.
The ratio of liquid assets to demand and time liabilities is known as ........
1) Cash Reserve Ratio (CRR)
2) Liquidity Stability Ratio (LSR)
3) Reverse Repo Rate
4) Liquidity Adjustment Facility (LAF)
5) Statutory Liquidity Ratio (SLR)
3. The present Statutory Liquidity Ratio (SLR) is ........
1) 22%
2) 27%
3) 20%
4) 28%
5) None of above
4. If Statutory Liquidity Ratio (SLR) raises by RBI, then bank funds....
1) Expand
2) Expand and shrink
3) Expand in the lengthy way
4) Shrink
5) None
5. If the Central bank slashes SLR by 1%, approximately how much liquidity increases in the economy?
1) Rs.30,000 crores
2) Rs.40,000 crores
3) Rs.10,000 crores
4) Rs.60,000 crores
5) Rs.1,50,000 crores
6. The SLR increases, then the liquidity in the economy ........
1) Increase
2) Increase by
100 times
3) Zero
4) Infinitive
5) Decrease
7. If Statutory Liquidity Ratio increases, the availability of bank loans ......
1) Increase
2) Decrease to zero percent
3) Become negative
4) Decrease
5) None
8. SLR increased by RBI, then inflation level ....
1) Increases
2) Decreases at the discretion of RBI
3) Zero
4) Decreases
5) Infinitive
9. Once SLR announced, that percentage is valid ....
1) For 1 year
2) For 2 years
3) For 6 months
4) For 9 months
5) Till it changes
10. If SLR raises, offer of base rate by banks ...
1) Increases
2) Decreases to more level
3) Becomes Zero
4) Decreases
5) Infinitive
11. In the first bi-monthly monetary policy review done by RBI on 1 April 2014, the SLR changed by how much percent?
1) 1%
2) 5%
3) 8%
4) SLR not changed by RBI
5) In bi-monthly monetary policy reviews, RBI cannot change SLR
12. Non-Banking Finance Companies (NBFCs), as per the provision in the new Companies Act, have to maintain what percent of the monies in low-interest securities or SLR-backed instruments?
1) 30%
2) 10%
3) 35%
4) 15%
5) 25%
13. In its first bi-monthly monetary policy statement issued on 1 April 2014, the RBI announced which major relief for saving bank account holders?
1) Customers need not submit photograph at the time of opening of Demand Deposits.
2) Signature may not be tallied for non-local station cheques.
3) Account holder not responsible for the deposited funds, so he is indirectly allowed to do money laundering.
4) Banks to cut down services on low-balance accounts and do away with fines.
5) Nomination once given, it is final and cannot be changed later.
14. RBI’s high level working group has suggested forming a Financial Resolution Authority (FRA) that would be responsible for the resolution of failed and distressed financial institutions in India. The group headed by ........
1) Raghuram Rajan
2) P.J. Nayak
3) Anand Sinha
4) K.C. Chakravarthy
5) None
15. Why did SEBI issue detailed corporate governance norms for listed companies on 17th April 2014?
1) In order to tell the RBI intervention.
2) To tell the importance of financial limits of companies.
3) To encourage companies to adopt best practices on governance.
4) In order to punish the evaders of transaction tax payers.
5) None
16. On 9 May 2014, RBI barred Indian companies from raising money from subsidiaries of Indian banks overseas through ECBs to refinance rupee loans. ECB stands for...
1) Easy Commercial Barrowings
2) Early Commercial Barrowings
3) Entry Commercial Barrowings
4) External Core Barrowings
5) External Commercial Barrowings
17. Air India decided to join which international airlines network from 1 July 2014?
1) Star Alliance
2) Kingfisher
3) Air Asia
4) Cathey Pacific
5) None
18. On 15 May 2014, RBI announced it launches inflation-linked bonds every month, starting 4 June 2014, to attract household savings of up to .............. discourage investments in gold.
1) Rs.5,000 crore
2) Rs.25,000 crore
3) Rs.45,000 crore
4) Rs.75,000 crore
5) Rs.15,000 crore
19. Which nation replaced Mauritius as the top source of foreign direct investment to India, accounting for about 25 percent of FDI inflows in 2013-14 as per the data of the Department of Industrial Policy and Promotion (DIPP) released on 25 May 2014?
1) Canada
2) USA
3) Singapore
4) France
5) Japan
20. Nokia’s mobile handset business taken over by whom for over $ 7.2 billion on 25 April 2014?
1) Samsung
2) Airtel
3) Uninor
4) Microsoft
5) TCS
21. Sukuma district is more effected by Naxalite attacks these days. It is in......
1) Jharkhand
2) Bihar
3) Odisha
4) Chhattisgarh
5) Goa
22. Which famous Hindu festival was celebrated in Rajasthan, where tourists from various parts of the world visited to celebrate the three-day-long festival?
1) Dhanu Yatra
2) Gangaur
3) Pushkar Mela
4) Desert Festival
5) None
23. ......has been named Chef-de-Mission of India’s Common Wealth Games contingent for the games to be held in Glasgow in July 2014?
1) Kamalesh Sharma
2) T.C.A. Raghavan
3) Raj Singh
4) Inderjith Guptha
5) Keerthi Swamy
24. Which of the following teams has won the Santosh Trophy 2014 football tournament recently?
1) Railways
2) Punjab
3) Mizoram
4) Kerala
5) None of above
25. Sania Mirza and Cara Black won WTA Portugal Open 2014 women’s doubles title on 3 May 2014. Sania belongs to India and Cara Black belongs to ......
1) Serbia
2) France
3) USA
4) Zimbabwe
5) South Africa
26. Para Olympician Sharath Gayakwad won two Bronze and one Silver at the IDM (Internationalen Deutschen Meisterschaften) on 27 April 2014. He is a...
1) Swimmer
2) Cyclist
3) Cricket Player
4 ) Shot put player
5) None
27. The Asia Pacific Economic Co-operation(APEC) details are given. Locate the correct option.
1) It is the group of 21 Asia Pacific nations.
2) It is an economic forum established in 1989.
3) Its head quarters is in Singapore and India is not a member in it.
4) It holds 40% of the world population.
5) All of above
28. 25th APEC summit held on 5-7 October 2013 at ......
1) New Delhi
2) Bali
3) Moscow
4) Canberra
5) None
29. 26th APEC summit in November 2014 to be held in .....
1) New York
2) Beijing
3) Singapore
4) Taiwan
5) None
30. United Nations International Telecommunications Union (ITU) said how many internet users will be there by end of 2014?
1) 3 billion users
2) 13 billion users
3) 23 billion users
4) 2 billion users
5) 4 billion users
31. United Nations International Telecommunications (ITU) established on 17 May 1865. Its’ head quarters is in Geneva, Switzerland. Its head is Hamadoun Toure belongs to ......
1) Mali
2) Maldives
3) Egypt
4) Chile
5) None
32. Sushma Swaraj became the first......
1) Women governor of any state in India
2) Women home minister of India
3) Lady speaker of Loksabha
4) External Affairs Minister of India
5) Health Minister of India
33. Election Queue Management System first time introduced in the Burdwan district in ........ on 30th April 2014 on the eve of 2014 General Elections?
1) AP
2) Tamilnadu
3) Bihar
4) Odisha
5) West Bengal
34. President Paul Kagame lit a torch which will burn for 100 days, the length of time a shameful genocide lasted in the country in 1994 in which at least 8 lakh people were killed. Paul Kagame is the President of .....
1) Rwanda
2) South Africa
3) Zambia
4) Nigeria
5) Tanzania
35. South Sudan and the nation’s rebel army signed a peace deal on 9 May 2014. The currency of South Sudan is..........
1) South Sudan Dollar
2) South Sudan Euro
3) South Sudan Ruble
4) South Sudan Pound
5) None
36. IRDA (Insurance Regulatory Authority of India) earmarked......as Insurance day, on which day it came in to existence in the year 2000?
1) 8 Jan
2) 15 Apr
3) 20 May
4) 19 Apr
5) None
37. Who heads the committee to assess implementation of the Sachar Committee recommendations
and the Prime Minister’s 15- point programme for minorities submitted its report recently?
1) Vijay C Kelkar
2) V.R. Krishna Iyer
3) Amitabh Kundu
4) Saroja Pandey
5) None
38. ‘Water, Peace and War - Confronting the Global Water Crisis’ written by......
1) Begum Raisana
2) Graham Poiana
3) Brahma Chellaney
4) Rahamani Chattopadhyay
5) None
39. 'Hard Choices' written by......
1) John Swift
2) Abdul Kalam
3) Hillary Clinton
4) Obama
5) Osama Bin Laden
40. Akash missile successfully test fired from Integrated Test Range (ITR) at Chandipur in Odisha. It is a......
1) Surface to air missile
2) Surface to surface missile
3) Air to air missile
4) Air to water missile
5) None
41. Which company acquired Cadbury India?
1) Parle
2) Britania
3) Mondelez India
4) COCO India
5) 5 Star
42. The process through which an investor’s physical share certificate gets converted to electronic format which is maintained in an account with the Depository Participant, is termed as ......
1) Materialization
2) Polarization
3) Conversion
4) Prioritization
5) Dematerialization
ANSWERS:
1-5, 2-5, 3-5, 4-4, 5-4, 6-5, 7-4, 8-4, 9-5, 10-4
11-4, 12-4, 13-4, 14-3, 15-3, 16-5, 17-1, 18-5, 19-3, 20-4
21-4, 22-3, 23-3, 24-3, 25-4, 26-1, 27-5, 28-2, 29-2, 30-1
31-1, 32-4, 33-5, 34-1, 35-4, 36-4, 37-3, 38-3, 39-3, 40-1, 41-3, 42-5
