GENERAL AWARENESS PRACTICE QUESTIONS

1.    The foreign investment promotion board (FIPB) works under the?
     1) RBI
     2) Ministry of External affairs    
     3) Ministry of Finance
     4) SBI       
     5) none
 
 2.    On 11 September 2013, RBI said the BSBDA account is also applicable to Foreign banks as they are also Scheduled Banks. It provides zero balance accounts to poor people. What is the expansion of BSBDA?
     1)    Basic Savings Bank Dual Account
     2)    Base Savings Bank Deposit Account
     3)    Basic Small Bank Deposit Account
     4)    Basic Savings Bank Deposit Application
     5)    Basic Savings Bank Deposit Account
 
 3.    In which state the 15000th branch of SBI was opened  `on 17 August 2013.
     1)    West Bengal
     2)    AP    
     3) Kerala
     4)    Tamilnadu    
     5) Haryana
 
 4.    The involvement of financial intermediary in aiding credit creation without regulatory oversight is called ...
     1)    Virtual banking    
     2)    Common banking
     3)    Unit banking
     4)    Shadow banking
     5)    Yes banking
 
 5.    On 23 August 2013, RBI sold 48 days CMB to meet the temporary cash flow mismatches of the Government of India. CMB means ....?
     1) Cash Money Bill
     2) Call Management Bill
     3) Cash Management Borrowing
     4) Core Management Bill
     5) Cash Management Bill
 
 6.    On 8 August 2013, RBI decla-red the ....... sale of government bonds to decrease the liquidity of funds in the market?
     1) monthly    
     2) yearly
     3) bi-monthly    
     4)half yearly          
     5) weekly
 
 7.    As per the promise given to World Trade Organization earlier, India should allow how many branches of foreign banks in India per year?
     1) 12       
     2) 24      
     3) 45        
     4) 15   
     5) 20
 
 8.    Mr. Jagdish  originally Indian Citizen goes to Singapore obtains citizenship of Singa-pore and desires to settle there.
     1) He is an NRI     
     2) He is PIO
     3) He is not an NRI
     4) both 1 & 2        
     5) None
 
 9.    Which of the following banks are planning to launch 'by-invitation-only' branches under Kohinoor brand in 20 cities which will serve affluent customers?
     1) ICICI bank 
     2) Axis bank        
     3) HDFC bank 
     4) SBI
     5) IDBI bank
 
 10.    On 4 September 2013, Raghuram Rajan  announced constitution of a panel to strengthen monetary policy   framework to be  headed by ....
     1) K.C.Chakravarthy
     2) Anand Sinha  
     3) H.R.Khan
     4) D.Subba Rao 
     5) Urjith Patel
 
 11.    Nachiket Mor appointed as the head to assess the approach to financial inclusion by ...
     1) SEBI    
     2) GOI     
     3) WTO
     4) RBI    
     5) World Bank
 
 12.    ...... heads the panel to take a close look at rising NPAs and suggest steps to improve the recovery of bad debts as announced by RBI on 4 September 2013?
     1) H.R.Khan    
     2) Anand Sinha       
     3) K.C.Chakrabarthy
     4) Urjith Patel
     5) Syamala Gopinath
 
 13.    An outside panel of experts to screen applications for new bank licenses will be headed by ?
     1) Subba Rao       
     2) Kelkar
     3) Bimal Jalan      
     4) Rangarajan           
     5) None
 
 14.    The aim of the differential rate of interest scheme is to provide concessional loans to?
     1) public sector enterprices
     2) pravite sector enterprices
     3) weaker sections of society
     4) all the above           
     5) none
 
 15.    The first stock exchange in India was  established in?
     1) Calcutta    
     2) Delhi
     3) Bombay    
     4) Madras
     5) Hyderabad  
 
 16.    Government has decided to start "A set of missions" to address the needs of agriculture development in 12th five year plan. These missions are
     1)    NFSM(National Food Security Mission) & NHM( National Horticulture Mission)
     2)    NMSA(National Mission on Sustainable Agriculture
     3)    NMO (National Missions on Oil seeds & Oil palm)
     4)    NMAET(Mational Mission on Agriculture Extension & Technology)
     5)    All above
 
 17.    In which of the following countries, The G - 20 Finance Ministers and Central Bank Governors Meeting was held in July 2013?
     1) USA    
     2) China
     3) India    
     4) Germany
     5) Russia
 
 18.    A method of paperless banking to augment environment conservation through paperless banking transactions, which are also faster than conventional transactions is called .....?
     1) Green Banking Channel
     2) Red Banking Channel
     3) White Banking Channel
     4) Black Banking Channel
     5) All of above
 
 19.    e-Gift card facility first time introduced by...
     1) Andhra Bank
     2) Kotak Mahendra Bank
     3) Allahabad bank
     4) UBI    
    5) Axis bank
 
 20.    PMEGP is a credit linked subsidy program to encourage micro enterprises which are being implemented through ……….
     1) KVIC    
     2) SIDBI        
     3) DRDA    
     4) All the above
     5) none of the above
 
 21.    On 2 September 2013, which bank became the first bank to translate financial literacy curriculum into Gujarati?
     1) ICICI       
     2) SBI
     3) Indian bank       
     4) UBI
     5) Axis
 
 22.    RBI asked banks to link the disbursal of home loans to ...... on 3 September 2013, as it advised the banks not to go for the upfront disbursal of loans.
     1) value of Market loan
     2)    route map of construction place
     3) stages of construction
     4) HDFC rules of loan disbursal               
     5) None
 
 23.    To help mutual funds, how much fund borrowing window opened by the RBI recently?
     1) Rs.15,000cr      
     2) Rs.1500cr    
     3) Rs.75,000cr      
     4) Rs.8000cr
     5) Rs.25,000cr
 
 24.    RBI  made an announcement  on 14th August 2013 to cut down the amount of foreign exchange an Indian may use to invest or spend abroad from the current annual limit of $ 200,000 to ......
     1) $ 1,00,000    
     2) $ 55,000
     3) $ 45,000    
     4) $ 1,75,000
     5) $ 75,000
 
 25.    On 21 July 2013, RBI reduced realization period for exports  to .....
     1) 21 Months     
     2) 18 Months
     3) 12 Months     
     4) 8 Months
     5) 9 Months
 
 26.    On which of the following rates China Central Bank lifted the ban on 19 July 2013 to motivate the economy to boost its growth  ?
     1) Deposit rates
     2) Locker rates    
     3) Lending rates
     4) Bank rate    
     5) None
 
 27.    On which day Indian rupee had shown the lowest value of 68.80 against dollar?
     1) 20 August    
     2) 1 September
     3) 11 August    
     4) 31 July
     5) 28 August
 
 28.    The government had appointed  Arundhati Bhattacharya as the Chairperson ?
     1) Oriental bank of commerce
     2) SBI    
     3) BOI
     4) Allahabad bank
     5) None    
 
 29.    FEDAI means
     1)    Foreign Exchange Dealers Association of India
     2)    It is a self regulating body of all authorized dealers in foreign exchange
     3)    It frames ground rules called "FEDAI Rules" for smooth conduct of all forex transactions among member banks
     4)    It promotes the interest of authorized dealers and regulates their dealings with Public / Brokers / RBI and all other bodies
     5) All the above
 
 30.    Who is the present CMD of Bank of Baroda?
     1) S.L.Bhansal    
     2) S.S Mundra    
     3) M.Narendra    
     4) Ajay Kumar
     5) None
 
 31.    Head office of Corporation Bank is in ?
     1) Pune    
     2) Hyderabad    
     3) Mangalore    
     4) Delhi
     5) None
 
 32    All foreign exchange activities (exchange control) in our country are regulated through the following act
     1) RBI Act
     2)    Foreign Exchange Manage ment Act (FEMA)
     3)    Foreign Exchange Regulation Act(FERA)     
     4)    Foreign Trade (Development &Regulation) Act   
     5)    Foreign Contribution & Regulation Act (FCRA)
 
 33.    PAN is required to be quoted, as per RBI's KYC guidelines if the amount of transaction in cash is:
     1) above Rs.50000
     2) Rs.50000 or above
     3) less than Rs.50000
     4) Rs.10000 and above    
     5) none
 
 34.    "Good People to bank with"  is the punch line of which bank?
     1) Union Bank of India
     2) IDBI    
     3) HSBC
     4) DBS    
     5) Yes Bank
 
 35.    "World 's  Local Bank" is the   punch line of ?
     1) Union Bank of India
     2) IDBI    
     3) HSBC
     4) DBS    
     5) Yes Bank
 
 36.    Which of the following is not an Indian bank?
     1) Union Bank of India
     2) Dena bank    
     3) DBS    
     4) SBI 
      5) UCO bank
 
 37. 'Under micro credit, credit up to a maximum amount of Rs._____ can be allowed under priority sector:
     1) Rs.10000    
     2) Rs.25000
     3) Rs.50000    
     4) Rs.1 lac
     5) Rs.2 lac
 
 38.    Who has been appointed as the new Chairperson of the Central Board of Direct Taxes (CBDT)?
     1) Archana Bhargava
     2) Sudha Sharma
     3) Poonam Saxena
     4) Chitra    
     5) None
 
 39.    India has raised the  ceiling for Foreign Direct Investment in asset reconstruction companies to?
     1) 26%      
     2)74%    
     3) 52%    
     4) 100%     
    5) 50%
 
 ANSWERS:
  1.3       2.5       3.4      4.4      5.5      6.5       7.1      8.4      9.4    10.5
 11.4    12.3    13.3    14.3    15.3    16.5    17.5    18.1    19.5    20.1
 21.5    22.3    23.5    24.5    25.5    26.3    27.5    28.2    29.5    30.2
 31.3    32.2    33.2    34.1    35.3    36.3    37.3    38.2    39.2

GENERAL AWARENESS PRACTICE MCQs

1.    S.R. Bansal took charge as the Chairman and Managing Director of which of the following public sector banks on October 5, 2013?
     1) Corporation Bank
     2) Dena Bank
     3) Syndicate Bank
     4) Punjab National Bank
     5) Canara Bank

 2.    Alice Munro won the 2013 Nobel Prize in Literature. She belongs to?
     1) UK    
     2) Canada
     3) USA    
     4) Germany
     5) Australia

 3.    Who will be conferred the Indira Gandhi Award for National Integration on October 31, 2013, the death anniversary of Indira Gandhi?
     1) Amjad Ali Khan
     2) Zubin Mehta
     3) M.S.Swaminathan
     4) Ellen Johnson Sirleaf
     5) APJ Abdul Kalam

 4.    The 2013 Nobel Peace Prize was won by the?
     1) European Union
     2) Amnesty International
     3)    International Committee of Red Cross
     4)    Organizatio for the Prohibition of Chemical Weapons
     5)    Organization for Economic Cooperation and Development

 5.    The Reserve Bank of India reduced the Marginal Standing Facility (MSF) rate on October 7, 2013. What is the present MSF rate?
     1) 9.25%    
      2) 9.5% 
     3) 10%       
    4) 10.25%     
     5) 9%

 6.    Peter Higgs of Britain and Francois Englert of Belgium won the 2013 Nobel Prize in which of the following subjects?
     1) Economics     
     2) Physics
     3) Chemistry    
     4) Medicine
     5) None of these

 7.    Sachin Tendulkar will retire from Test cricket after his 200th Test in November 2013. Against which country did Sachin make his Test debut in November 1989?
     1) England    
     2) Australia
     3) Pakistan    
     4) New Zealand         
     5) West Indies

 8.    The Bank of Nova Scotia, commonly known as Scotiabank is in the news recently. It is based in?
     1) Mexico    
      2) USA
     3) Argentina   
     4) Canada    
     5) Brazil

 9.    Which of the following Grand slam singles tournaments was/ were won by Rafael Nadal in 2013?
     1) Australian Open
     2) French Open
     3) Australian Open & French Open
     4) French Open & Wimbledon
     5) French Open & US Open 

 10.    Parvez Rasool plays domestic cricket for?
     1) Gujarat    
     2) Delhi
     3) Jammu & Kashmir
     4) Uttar Pradesh
     5) Punjab

 11.    Suresh Kalmadi's 13 year reign as the President of which of the following associations ended in July 2013?
     1) Indian Athletics association
     2)    International Olympic Association
     3) Asian Olympic Committee
     4) Asian Athletics Association 
     5) None of these    
 
 12.    Sanchi, famous for its Buddhist monuments is in?
     1) Karnataka 
     2) Madhya Pradesh
     3) Gujarat     
     4) Andhra Pradesh
     5) Rajasthan

 13.    Which of the following is the capital city of Denmark?
     1) Helsinki    
     2) Oslo
     3) Prague   
     4) Amsterdam
     5) Copenhagen

 14.    The currency of South Africa is?
     1) Dollar    
     2) Shilling
     3) Pound    
    4) Rand
     5) Tugrik

 15.    Who is the author of the book 'A Tale of Two Cities'?
     1) Robert Frost
     2) Oliver Goldsmith
     3) Charles Dickens    
     4) O Henry
     5) None of these   

 16. Which musical instrument did the Indian musician Ustad Bismillah Khan play?
     1) Sarod    
     2) Sitar
     3) Flute    
    4) Tabla    
     5) Shehnai 

 17.    Which of the following statements is not correct?
     1)    Bangalore is known as the Garden City of India
     2)    Karanam Malleswari is the first Indian woman to have won a medal at the Olympic Games
     3)    There are 28 States and 7 Union Territories in India
     4)    Periyar sanctuary is famous for one-horned Rhinoceros      
     5)    Raipur is the capital of Chhattisgarh

 18.    The headquarters of which of the following organizations is not in Geneva, Switzerland?
     1)    World Meteorological Organization
     2)    World Health Organization
     3) World Trade Organization
     4)    International Labor Organization 
     5)    Food and Agriculture Organization
 
 19.    'Abhigyan Shakuntalam' was written by?
     1) Vyas    
     2) Surdas    
     3) Tulsidas    
      4) Kalidas
     5) Ashwaghosha

 20.    Who among the following is not associated with Shooting?
     1) Abhinav Bindra
     2) Vijay Kumar
     3) Abhijeet Gupta
     4) Gagan Narang
     5) Ronjan Sodhi  

 21.    The film that won the 'Best Feature Film' award in the 60th National Film Awards on May 3, 2013 was made in which language?
     1) Bengali    
     2) Marathi
     3) Hindi     
     4) Malayalam
     5) Kannada  

 22.    Which Indian automobile company has acquired 49.2% stake in the US based Erik Buell Racing (EBR) for $25 million?
     1) Bajaj Auto           
     2) TVS
     3) Hero Motocorp   
     4) Mahindra 
     5) None of these   

 23.    The 20th edition of the biennial Asian Athletic Championships were held in July 2013 in?
     1) Pune    
      2) Hyderabad    
     3) New Delhi    
     4) Bangalore  
     5) Ranchi

 24.    Ratan Tata is the Chief Advisor of which of the following low cost airlines?
     1) Jet Airways   
     2) AirAsia India
     3) IndiGo       
     4) GoAir
     5) SpiceJet

 25.    "The Childhood of Jesus" is written by?
     1) Peter Carey      
      2) Paul Scott 
     3) V.S. Naipaul   
     4) J.M. Coetzee 
     5) William Golding

 26.    Kushok Bakula Rimpochhe Airport is in?
     1) Leh    
     2) Srinagar 
     3) Guwahati    
     4) Itanagar
     5) Shillong

 27.    Which of the following countries is not a permanent member of the United Nations Security Council?
     1) USA     
     2) UK    
      3) France
     4) China   
     5) Germany

 28.    'Mohiniattam', a dance form, is developed in?
     1) Tamil Nadu    
     2) Karnataka
     3) Kerala    
     4) Manipur
     5) Assam

 29.    Port Blair is the capital of which of the following Union Territories?
     1) Dadra & Nagar Haveli
     2) Daman & Diu
     3) Lakshadweep
     4) Andaman & Nicobar islands
     5) None of these

 30.    Tehri Dam in Uttarakhand is built on which of the following rivers?
     1) Sutlej    
     2) Bhagirathi
     3) Narmada    
    4) Chambal
     5) Son

 31.    The Bank for International Settlements (BIS) is an international organization of central banks based in?
     1) Frankfurt, Germany
     2) London, UK
     3) Basel, Switzerland
     4) The Hague, Netherlands
     5) Lisbon, Portugal  

 32.    National Assembly is the parliament of?
     1) Bangladesh    
      2) Brazil
     3) Pakistan    
     4) USA
     5) None of these 

 33.    Kumari Selja is the Cabinet Minister of?
     1) Rural Development
     2)    Housing and Urban Poverty Alleviation
     3) Culture       
     4) Law & Justice
     5)    Social Justice and Empowerment 

 34.    'Think Different' was an advertising slogan for?
     1) Apple     
      2) Microsoft
     3) Google   
     4) Wipro   
      5) IBM

 35.    Which of the following public sector banks is not headed by a woman?
     1) Allahabad Bank
     2) Bank of India
     3) United Bank of India
     4) State Bank of India
     5) Punjab National Bank

ANSWERS:
 1) 1      2) 2     3) 3     4) 4    5) 5      6) 2      7) 3     8) 4    9) 5    10) 3    
11) 4    12) 2    13) 5    14) 4    15) 3    16) 5    17) 4    18) 5    19) 4    20) 3
 21) 3    22) 3    23) 1    24) 2    25) 4    26) 1    27) 5    28) 3    29) 4    30) 2    
31) 3    32) 3    33) 5    34) 1    35) 5

BANKING AWARENESS PRACTICE QUESTIONS

1.    The World Trade Organization (WTO) deals with the global rules of trade between nations. Who is the Director General of WTO?
     a) Roberto Azevedo
     b) Christine Legarde
     c) Raghuram Rajan
     d) Oliver Ralph Kahn
     e) None of the above
 
 2.    RBI on October, 7th 2013, has reduced Marginal Standing Facility(MSF) rate from 9.5% to 9% to improve liquidity in the system. What is MSF?
     a)    MSF rate is the rate at which banks lodge funds overnight with RBI buying approved government securities.
     b)    MSF rate is the rate at which banks borrow funds overnight from other banks against approved government securities.
     c)    MSF rate is the rate at which banks borrow funds overnight from RBI against approved government securities.
     d)    MSF rate is the minimum rate at which banks lend to the borrowers.
     e) None of the above
 
 3.    Between 2007-08 to 2012-13,the value of Card spending rose to Rs.1.97 Lakh Crores. A raise in Cards spending indicates?
     a)    Transformation to 'Cashless Economy'
     b) Low inflation
     c) Raising incomes
     d) Falling prices
     e) None of the above
 
 4.    What is NOT true with regard to 'Carbon Credit'?
     a)    It is a tradable certificate or permit.
     b)    It represents the right of an Industry to emit certain quantity of Carbon Dioxide.
     c)    Carbon Credits mechanism was formalized in Kyoto Protocol.
     d)    Carbon Credits are currently traded on 5 exchanges across the globe.
     e) None of the above.
 
 5.    Arundhati Bhattacharya is in news recently. She is going to be?
     a)    1st woman Deputy Governor of RBI
     b)    1st woman Chair Person of SBI
     c)    1st woman Deputy Chairman of Planning Commission
     d)    1st woman Finance Secretary to Govt. of India
     e) None of the above
 
 6.    National Spot Exchange (NSEL) is the news for defaulting payments to investors. Who is the founder promoter of FT?
     a) Jignesh Shah
     b) Harshad Mehta
     c) Ketan Parekh    
     d) A K Telgi
     e) None of the above
 
 7.    Find the 'odd man out' of the following?
     a) Walmart      
     b) Tesco
     c) Carrefour    
     d) Big Bazar
     e) Ikea
 
 8.    One of the Primary functions of IMF is to provide short term capital assistance to member countries through SDR (Special Drawing Rights). What is NOT true about SDR?
     a) Currency code of SDR is XDR
     b)    SDR is the Unit of Account of IMF
     c)    Asian Development Bank (ADB) also uses SDR as its Currency
     d)    SDR can be exchanged only for US Dollar, British Pound, Euro & Japanese Yen
     e) None of the above
 
 9.    Main functions of Money?
     a) Medium of Exchange
     b) Unit of Account
     c) Store of Value
     d) Only 'a' and 'b' of the above
     e) 'a', 'b' & 'c' of the above
 
 10.    M/s XYZ company has got an order to supply Machinery to M/s ABC Co of Nigeria. Who has to get a Letter of Credit issued from a Bank?
     a)    M/s ABC since they are the importers
     b)    M/s XYZ since they are the exporters
     c)    Both since they are the parties to the agreement
     d)    RBI since they regulate the Foreign Trade in India
     e) None of the above
 
 11.    What is 'Packing Credit'?
     a)    Finance extended to Packing materials industry
     b)    Finance extended to an Importer to pack the goods imported
     c)    Finance extended to Warehouses for keeping the goods packages
     d)    Finance extended to an Exporter to meet the costs of buying and/ or making products to be exported
     e) None of the above
 
 12.    What is NOT true with regard to Currency Chests in India?
     a)    They are managed by different banks on behalf of RBI
     b)    Deposits in Currency Chests are taken into account for calculation of CRR(Cash Reserve Ratio)
     c)    Standard Chartered Bank a Foreign Bank also maintains Currency Chest
     d)    Coins are also stored in Currency Chests
     e) None of the above
 
 13.    Recently Parliament has pass-ed Companies Act 2013. What is NOT true with regard to some of the features of the Act?
     a)    An Individual can set up "One person Private Ltd Company"
     b)    An independent Director can hold 3 consecutive terms of 3 years
     c)    Listed Companies must have at least 1/3rd independent Directors
     d)    Prescribed Companies must have at least 1 woman Director on the Board
     e)    A Private Ltd Company can have a maximum of 200 members
 
 14.    What is 'Net Interest Margin' of a Bank?
     a)    Margin of Interest earned on Trading in Govt Securities
     b)    Difference between the Base Interest Rate and the Average Lending Rate
     c)    Difference between the interest income and the amount of interest paid out
     d)    Difference between Interest on Term Loans and Interest on Cash Credits
     e) None of the above
 
 15.    What is the World's largest functioning Oil Refinery?
     a)    Reliance Refinery in Jamnagar, Gujarat
     b)    IOC Refinery in Digboi, Assam
     c)    HPCL Mumbai Refinery
     d)    Paraguana Refinery, Venezuela
     e)    Exxon Mobil Refinery, Singapore
 
 16.    IIFCL (India Infrastructure Finance Co. Ltd) is wholly-owned Govt. of India Company. Who is selected to take over as the Chairman and Managing Director?
     a) C B Bhave    
     b) S B Nayar
     c) T S Vijayan
     d) Yogesh Agarwal
     e) None of the above
 
 17.    Till 30th June, 1955 State Bank of India(SBI) was known as?
     a) State Bank of British India
     b) Imperial Bank of India
     c) India Central Bank
     d) Central Bank of British India
     e) None of the above
 
 18. Where is the Asian Development Bank(ADB) located?
     a) Mumbai, India
     b) Hiroshima, Japan
     c) Shanghai, China
     d) Manila, Philippines
     e) Jakarta, Indonesia
 
 19.    Structured Financial Messa-ging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications in India. Which of the following have interface with SFMS?
     a)    RTGS(Real Time Gross Settlement)
     b)    Negotiated Dealing System (NDS)
     c)    Security Settlement System (SSS)
     d) 'a' and 'c' of the above
     e) 'a', 'b' & 'c' of the above
 
 20.    Which Country is the largest producer of Tea in the world?
     a) India    
     b) Brazil
     c) Peoples Republic of China
     d) Srilanka    
     e) None of the above
 
 21.    Who is the CEO & MD of TCS(Tata Consultancy Servi-ces)?
     a) Cyrus Mistry    
     b) S Ramdorai
     c) N Chandrasekharan
     d) Ratan Tata        
     e) None of the above
 
 22.    Qualitative Credit Contro is one of the methods used by RBI to control credit. Which of the following is NOT a Qualitative Credit Control tool?
     a) Moral Suasion
     b) Marginal Requirement
     c) Rationing of Credit
     d) Bank Rate
     e) 'a' & 'd' of the above
 
 23.    Who is the Chairperson of 14th Finance Commission?
     a) Dr Yaga Venugopal Reddy
     b) Dr Vijay L Kelkar
     c) Dr C Rangarajan
     d) Dr Duvvuri Subbarao    
     e) None of the above
 
 24.    The 12th Five Year Plan (2012-17) is approved by Union Cabinet on 4th October, 2012. The aims of the plan are?
     a) 8% average growth rate
     b) Reduce Poverty by 10% during the Plan
     c) Faster, Sustainable and More inclusive Growth
     d) All the 3 above
     e) None of the above
 
 25.    Which State is the largest producer of Cotton in India in the year 2012-13?
     a) Gujarat
     b) Maharashtra
     c) Andhra Pradesh
     d) Karnataka    
     e) Madhyapradesh
 
 26.    Who sets up the Bench Mark Interest Rate for Germany?
     a) German Central Bank
     b) Deutsche Bundes Bank
     c) European Central Bank(ECB)
     d) Deutsche Bank
     e) None of the above
 
 27.    What is India's Apex Tax body?
     a) CBDT    
     b) GAAR
     c) IT Department
     d) RBI    
    e) None of the above
 
 28.    FICCI is an Association of Business Organizations in India.  Who is the President of FICCI?
     a) Shikha Sharma
     b) Usha Thorat
     c) Naina Lal Kidwai
     d) Indra Nooyi
     e) None of the above
 
 29.    Banks in India are governed by BR Act 1949.  What does  'BR' stands for?
     a) Banks Registration
     b) Banking Re-organization
     c) Banking Regulation
     d) Banking Rights    
     e) None of the above
 
 30.    In India, Scheduled Commercial Banks are those Banks included?
     a)    In the 2nd Schedule of RBI Act 1934
     b)    In the 2nd Schedule of BR Act 1949
     c)    In the 2nd Schedule of NI Act 1881
     d)    In the 2nd Schedule of Companies Act 1956
     e) None of the above
 
 
 Answers:
 1.a         2.c      3.a       4.e      5.b      6.a     7.d       8.e      9.e    10.a
 11.d    12.e    13.b    14. c    15.a   16.b    17.b    18.d    19.e    20.c
 21.c    22.c    23.a    24.d    25.a     26.c    27.a    28.c    29.c    30.a