1. What is the full form of the term 'NPA' as used in banking environment ?
a. Not profitable Assets
b. New potential Accounts
c. Non-Performing Assets
d. Net performing Assets
e. None of the above
b. New potential Accounts
c. Non-Performing Assets
d. Net performing Assets
e. None of the above
2. The National Rural Employment Guarantee Act is now known by which of the following names?
a. Indira Gandhi Rural Employment Guarantee Act
b. Rajiv Gandhi Rural Employment Guarantee Act
b. Rajiv Gandhi Rural Employment Guarantee Act
c. Jawaharlal Nehru Rural Employment Guarantee Act
d. Mahatma Gandhi Rural Employment Guarantee Act
e. None of these
d. Mahatma Gandhi Rural Employment Guarantee Act
e. None of these
3. The Food and Agriculture Organization (FAO) is wing/agency of the
a. World Bank
b. United Nations Organization
c. Asian Development Bank
d. Ministry of Agriculture Government of India
e. None of these
b. United Nations Organization
c. Asian Development Bank
d. Ministry of Agriculture Government of India
e. None of these
4. Planning commission started in _____________ year ?
a. 1950
b. 1951
c. 1952
d. 1953
e. 1954
b. 1951
c. 1952
d. 1953
e. 1954
5. NDC started in ___________ year?
a. 1950
b. 1951
c. 1952
d. 1953
e. 1954
b. 1951
c. 1952
d. 1953
e. 1954
6. Which of the following states has the maximum number of Sugar mills?
a. Bihar
b. Rajasthan
c. Gujarat
d. Haryana
e. Uttar Pradesh
b. Rajasthan
c. Gujarat
d. Haryana
e. Uttar Pradesh
7. Expand the term NREGA
a. National Rural Employment Guara ntee Agency
b. National Rural Electrification Gover ning Agency
b. National Rural Electrification Gover ning Agency
c. National Rural Employment Guara ntee Act
d. New Rural Employment Guarantee Agency
e. None of these
d. New Rural Employment Guarantee Agency
e. None of these
8. The organization of the South East Asian countries is known as …..
a. OPEC
b. ASEAN
c. NATO
d. UNCTAD
e. SAARC
b. ASEAN
c. NATO
d. UNCTAD
e. SAARC
9. A bank normally does not have to deal with an issue related to
a. Payments and settlement systems
b. Contractual right of creditors
c. Intellectual property rights
b. Contractual right of creditors
c. Intellectual property rights
d. Cases of insolvency
e. Coordination between regulators acti ve in banking/ financial sectors
e. Coordination between regulators acti ve in banking/ financial sectors
10. Transport of goods by which of the following is free levy of the Service Tax?
a. Indian Railways
b. Shipping Companies owned by NIRs
c. All private road transport companies
b. Shipping Companies owned by NIRs
c. All private road transport companies
d. By the transport corporation of India in its own special containers
e. None of the above
e. None of the above
11. The rate of interest, banks charge to its main/major and prime customers is popularly called as
a. Risk premium
b. Prime Lending Rate
c. Repo Rate
d. Reverse Repo Rate
e. Cost of fund
b. Prime Lending Rate
c. Repo Rate
d. Reverse Repo Rate
e. Cost of fund
12.Which of the following is NOT considered as a parameter for defining the Below Poverty Line (BPL) status of persons?
a. Food security
b. Marital Status
c. Debt
d. Literacy
e. Land holdings
b. Marital Status
c. Debt
d. Literacy
e. Land holdings
13.Which of the following is/are NOT called the types of Inflation?
(1) Cost push
(2) Real wages
(3) Demand pull
(2) Real wages
(3) Demand pull
a. Only 1
b. Only 2
c.Only 3
d.Only 1 and 2
e. Only 2 and 3
b. Only 2
c.Only 3
d.Only 1 and 2
e. Only 2 and 3
14. Which of the following is the full form of the term SLR as used in the banking sector?
a. Social Lending Ratio
b. Statutory Liquidity Ratio
c. Scheduled Liqui8dity Rate
d. Separate Lending Rate
e. None of the above
b. Statutory Liquidity Ratio
c. Scheduled Liqui8dity Rate
d. Separate Lending Rate
e. None of the above
15. Which of the following schemes of the Govt. of India is associated which the health sector?
a. NRDP
b. IRDP
c. ASHA
d. Bharat Nirman
e. All of these
b. IRDP
c. ASHA
d. Bharat Nirman
e. All of these
16. Which of the following is NOT the abbreviated name of the scheme launched for watershed development in India?
a. DPAP
b. DDP
c. VHNDs
d. IWDP
e. Hariyali
b. DDP
c. VHNDs
d. IWDP
e. Hariyali
17. Which of the following is NOT a function of Bank?
a. Providing project finance
b. Selling Mutual Funds
c. Deciding policy rates like CRR, Repo rate/SLR etc
b. Selling Mutual Funds
c. Deciding policy rates like CRR, Repo rate/SLR etc
d. Settlement of payments on behalf of the customers
e. All of these are functions of bank
e. All of these are functions of bank
18. Which of the following is a form of "Small Savings Bank" popular among the poor or children?
a. Core Banking
b. Credit Banking
c. Debit Card
d.Merchant Banking
e. Piggy Banking
b. Credit Banking
c. Debit Card
d.Merchant Banking
e. Piggy Banking
19. Which of the following is a Horticulture Crop?
a. Paddy
b. Wheat
c. Mango
d. Bajara
e. None of these
b. Wheat
c. Mango
d. Bajara
e. None of these
20. Which of the following nations is considered the originator of the concept of Micro finance?
a. India
b. Bangladesh
c. South Africa
d. USA
e. None of these
b. Bangladesh
c. South Africa
d. USA
e. None of these
21. India's first transgenic crop was
a. Potato
b. Brinjal
c. Sugarcane
d. Bt cotton
e. None of these
b. Brinjal
c. Sugarcane
d. Bt cotton
e. None of these
22. Government normally does not announce the Minimum Support Price (MSP) of
a. Wheat
b. Paddy
c. Sugarcane
d. Jute
e. All of these
b. Paddy
c. Sugarcane
d. Jute
e. All of these
23. Banks borrow money from the RBI on which of the following rates?
a. Bank rate
b. CRR
c. SLR
d. Reverse Repo Rate
e. Repo Rate
b. CRR
c. SLR
d. Reverse Repo Rate
e. Repo Rate
24. What is the abbreviation of 'PPP'?
a. Perfect, Preferred and Protected
b. Point to Point Protocol
c. Power Point Presentation
d. Purchasing Power Parity
e. None of above
b. Point to Point Protocol
c. Power Point Presentation
d. Purchasing Power Parity
e. None of above
25. Which of the following is one of the most successful programmes under Bharat Nirman?
a. PradhanMantri Gram SadakYojana
b. Watershed Development Sheme
c. Rajiv Gandhi Grammen Vidyutikaran Yojana
b. Watershed Development Sheme
c. Rajiv Gandhi Grammen Vidyutikaran Yojana
d. Indira AwasYojana
e. None of the above
e. None of the above
26. The letter 'D' stands for which of the following in the abbreviated name OECD? (Organization of Economic Cooperation and ……)
a. Defence
b. Directions
c. Dominance
d. Development
e. Devaluation
b. Directions
c. Dominance
d. Development
e. Devaluation
27. The "World Economic Outlook" is published by which of the following organizations regularly?
a. World Bank
b. International Monetary Fund
c. Asian Development Bank
d. World Trade Organization
e.None of above
b. International Monetary Fund
c. Asian Development Bank
d. World Trade Organization
e.None of above
28. The New India Assurance Company was established in 1919 by
a. Dorab Tata
b. GD Birla
c. Jamunalal Bajaj
d. KamlapatSinghania
e. None of these
b. GD Birla
c. Jamunalal Bajaj
d. KamlapatSinghania
e. None of these
29. "No Tobacco Day" is observed every year on
a. 1st May
b. 1st June
c. 31st May
d. 30th June
e. None of these
b. 1st June
c. 31st May
d. 30th June
e. None of these
30. Which of the following schemes was launched recently to make Indian cities free from slums?
a. Bharat Nirman
b. Indira VikashYojana
c. Indira AwasYojana
d. Rajiv AwasYojana
e. None of these
b. Indira VikashYojana
c. Indira AwasYojana
d. Rajiv AwasYojana
e. None of these
31. The sex ratio in India is higher in which of the following states ? (Females 1084) are more than per thousand males)
a. Maharashtra
b. Kerala
c. Manipur
d. Assame
e. Karnataka
b. Kerala
c. Manipur
d. Assame
e. Karnataka
32. Which of the following countries is NOT a member of ASEAN?
a. Myanmar
b. Singapore
c. China
d. Vietnam
e. Malaysia
b. Singapore
c. China
d. Vietnam
e. Malaysia
33. Which is the meant by "Under writing" the term frequently used in financial sector?
a. Under valuation of the assets
b. The Act of taking on a risk for a fee
c. Giving a guarantee that a loan will not become a bad loan
b. The Act of taking on a risk for a fee
c. Giving a guarantee that a loan will not become a bad loan
d.The act of permission to float an IPO
e. None of the above
e. None of the above
34. 'Yen' is the currency of
a. China
b. France
c. Britain
d. Italy
e. Japan
b. France
c. Britain
d. Italy
e. Japan
35. SDR stands
a. Special Drawing Rights
b. Special Development Rights
c. Supreme Court Development Rights
d. Supreme Court Drawing Rights
e. None of these
b. Special Development Rights
c. Supreme Court Development Rights
d. Supreme Court Drawing Rights
e. None of these
36. Headquarters of the United Nations Organization is located in
a. New York
b. Tokyo
c. London
d. Kathmandu
e. Moscow
b. Tokyo
c. London
d. Kathmandu
e. Moscow
37. Many a times we come across a term in field of banking operation which reads 'ECS'. What is the full form of the same?
a. Electronic Coding System
b. Extra Coding System
c. Electronic Clearing Service
d. Elementary Clearing System
e. None of these
b. Extra Coding System
c. Electronic Clearing Service
d. Elementary Clearing System
e. None of these
38. Union Budget is always presented first in the
a. RajyaSabha
b. LokSabha
c. Joint Session of the Parliament
d. Meeting of the Union Cabinet
e. None of the above
b. LokSabha
c. Joint Session of the Parliament
d. Meeting of the Union Cabinet
e. None of the above
39. What is the full form of LAF?
a. Legal adjustment Facility
b. Liquidity Adjustment Facility
c. Long term Achievement Facility
d. Legal Adjustment Formality
e. None of these
b. Liquidity Adjustment Facility
c. Long term Achievement Facility
d. Legal Adjustment Formality
e. None of these
40. Many a times we read a term in financial newspapers 'SEPA'. What is the full form of the term?
a. Single Exchange Processing Agency
b. Single Euro Payments Area
c. Single Electronic Processing Agency
d. Super Electronic Purchase Agency
e. None of the above
b. Single Euro Payments Area
c. Single Electronic Processing Agency
d. Super Electronic Purchase Agency
e. None of the above
41. Service Tax was introduced in India for the first time in the year
a. 1990-91
b. 1991-92
c. 1994-95
d. 1980-81
e. 2000-01
b. 1991-92
c. 1994-95
d. 1980-81
e. 2000-01
42. Which of the following has now became the Third Largest Economy of the World?
a. Brazil
b. India
c. China
d. Japan
e. Russia
b. India
c. China
d. Japan
e. Russia
43. Which of the following is/are the components of the Fiscal Deficit?
A. Budgetary Deficit
B. Market Borrowings
C. Expenditure made from Pradhan Mantri Raha Kosha
B. Market Borrowings
C. Expenditure made from Pradhan Mantri Raha Kosha
a. Only (A)
b. Only (B)
c. Only (C)
b. Only (B)
c. Only (C)
d. all (A),(B) and (C)
e.None of these
e.None of these
44. What is a Repo Rate?
a. It is a rate at which RBI sell Govt. Securities to banks
b. It is rate at which RBI buys Govt. securities
c. It is a rate at which RBI allows small loans in the market
d. It is a rate at which offered by Banks to their most valued customers or prime customers
e. None of these
b. It is rate at which RBI buys Govt. securities
c. It is a rate at which RBI allows small loans in the market
d. It is a rate at which offered by Banks to their most valued customers or prime customers
e. None of these
45. The agricultural census is done at which of the following intervals?
a. There is no fixed term
b. Every year
c. Once in three years
d. Once in ten years
e. Once in five years
b. Every year
c. Once in three years
d. Once in ten years
e. Once in five years
46. The maximum amount of total Revenue earned by the Govt. of the India comes from
a. Income tax
b. Customs duty
c. Excise duty
d. Value added tax
e. Corporate tax
b. Customs duty
c. Excise duty
d. Value added tax
e. Corporate tax
47. Bharat Nirman does not cover which of the following areas?
a. Rural employment
b. Rural Housing
c. Rural Water Supply
d. Irrigation Facilities
e. It covers all the above areas
b. Rural Housing
c. Rural Water Supply
d. Irrigation Facilities
e. It covers all the above areas
48. Who amongst the following gave the concept of PURA (Providing Urban Facilities in Rural Areas)?
a. Rajiv Gandhi
b. Manmohan Singh
c. APJ Abdul Kalam
d. Narendhra Modi
e. None of these
b. Manmohan Singh
c. APJ Abdul Kalam
d. Narendhra Modi
e. None of these
49. A customer wishes to purchase some US dollars in India. He/She should go to
a. Public Debt Division of the RBI only
b. American Express Bank Only
c. RBI or any branch of the bank which is authorized for such business
b. American Express Bank Only
c. RBI or any branch of the bank which is authorized for such business
d. Ministry of Foreign Affairs
e. None of these
e. None of these
Answers:
1) c 2) d 3) b 4) a 5) c 6) e 7) c 8) b 9)c 10) a
11) b 12) b 13) b 14) b 15) c 16) b 17) e 18) e 19) c 20) b
21) d 22) d 23) e 24) d 25) a 26) d 27) b 28) a 29) c 30) d
31) b 32) c 33) b 34) e 35) a 36) a 37) c 38) b 39) b 40) b
41) c 42) b 43) d 44) a 45) e 46) e 47) a 48) c 49) c
11) b 12) b 13) b 14) b 15) c 16) b 17) e 18) e 19) c 20) b
21) d 22) d 23) e 24) d 25) a 26) d 27) b 28) a 29) c 30) d
31) b 32) c 33) b 34) e 35) a 36) a 37) c 38) b 39) b 40) b
41) c 42) b 43) d 44) a 45) e 46) e 47) a 48) c 49) c
