1. Which among the following
is correct about the Vostro Account?
(1) It is an account maintained by a foreign bank with a Bank
in India in Indian rupees.
(2) It is an
account maintained by an Indian bank with a Bank in Foreign country in Foreign Currency.
(3) It is an account maintained by an Indian Bank Branch with
a Foreign Bank in Foreign Currency.
(4) It is an account maintained by a Foreign Bank Brach with
a Indian Bank in Foreign Currency.
5) None of the above
(1) Securities Exchange Board of India
(2) Reserve Bank of India
(3) IDBI Ltd. (4) ICICI Ltd.
(5) None
3. Consider the following
statement in Context with Treasury Bills?
(1) They are issued by Government of India on behalf of
Reserve Bank of India
(2) They are mostly
for short term borrowings.
(3) Treasury Bills cannot be purchased by any person resident
of India
Which among the above is/are correct?
(1) All are correct (2)
B & C is correct
(3) Only B is correct (4)
Only C is correct
(5) Only A is correct
4. Bring out the only incorrect statement:
(1) Reverse Repo operation by RBI aims at injecting/
increasing liquidity.
(2) SDR refers to special drawing rights.
(3) Rupee appreciation results in decrease in imports.
(4) Increase in inflation rate leads to decline in real
interest rate
(5) None of the above
5. Consider the following statements:
(1) Increase in deposit rate result in Higher Savings.
(2) Increase in deposit rate results in fall in credit off
takes.
(3) Increase in deposit rate results in increase in investment.
Which among the above statements is/ are correct?
(1) A & B (2)
A & C
(3) A, B, C (4) Only A
(5) Only B
6. Which among the following
would result in the fall in asset prices?
(1) Low Liquidity in the Economy
(2) High Liquidity in the Economy
(3) RBI increasing the Reserve Repo Rates.
(4) RBI allows more banks to play
(4) RBI allows more banks to play
(5) None of the above
7. Which among the following
is the most reasonable idea behind issuing the “Sweat Equity” by the companies now-a-days?
(1) To provide more profits to the retail investors.
(2) To provide more profits to the corporate investors.
(3) To retain the best employees
(4) To save tax
(5) None of the above
8. Which among the following
is the designated body to carry out the KYC compliance procedure for mutual
fund investors in India?
(1) Securities and Exchange Board of
India
(2) Reserve Bank of India
(3) CDSL Ventures Limited
(4) Central Depository Services India
Limited
(5) None of the above
9. The Government does not
propose to increase Foreign Direct investment (FDI) limit in the banking sector
for now. At present, FDI is capped at____ In private sector bank. In the case
of public sector banks, the limit is…
(1) 74 %, 20 % (2) 49 %, 14%
(3) 33%, 10% (4)
65%, 30%
(5) 23 %, 10%
10. How many Government/Public
sector Undertaking are registered with both BSE and NSE?
(1) 42 (2) 24
(3) 34 (4) 14
(5) 31
11. Which of these was the
first Indian bank to open its branches outside India?
(1) State Bank of India (2)
Bank of India
(3) ICICI
(4) Punjab National Bank (5)
None of these
12. Which of the following
banks has recently developed a super online banking system, which links online
banking system of different commercial banks and enables customers to access their
accounts on one website?
(1) People’s Bank of China
(2) Chiba Bank (3) Rosbank
(4)ABN AMRO (5)
None of these
13. What is investment limit
by the Government of India on private Indian companies in defence sector,
subject of license?
(1) 26% (2) 49%
(3) 73% (4) 90%
(5) 100%
14. The rate of
interest on Savings Bank Account is stipulated by-
(1) The
concerned bank (2) RBI (3) Indian
Banks Association (4)
Government of India
(5) Banking
Codes and Standards Board of India
15. The idea of Lokpal has
emanated from the office of ombudsman, which is prevalent in ____ countries.
(1) Latin American (2)
South East Asian
(3) Scandinavian (4) European
(5)
African
16. The central government has
set up as high level committee on financing infrastructure, which would suggest
steps for improving capital markets for garnering long term saving and
facilitating foreign investment flow. The committee is headed by which former
Reserve Bank of India Deputy Governor?
(1) S.S. Tarapore
(2) Shyamala Gopinath (3)
Subir Gokaran
(4) Rakesh Mohan (5)
None of these
17. Which among the following
is the main motive of the Reserve Bank of India behind its mechanism known as
development?
(1) To counter the problem of low capital in the scheduled
Banks.
(2) To Counter the Volatility in the price of Government
Securities.
(3) To handle the problem of discrepancy in accounting
systems in banks.
(4) To control the scheduled banks assets and liabilities.
(5)
None of these
18. Who amongst the following economists gave the concept of
'economies of scale', which says 'many goods and services can be produced more
cheaply in long series'?
(1) Edward C. Prescott (2)
Amartya Sen
(3) Gary S. Becker (4) Edmund S. Phelps
(5) Paul Krugman
19. Expand
the term CAMELS-
(1)Capital Adequacy Management Quality
Expenditure Liquidity Sensitivity to Market Risk
(2)Capital Adequacy Management Quality
Earnings Liquidity Sensitivity to Market Risk
(3)Capital
Accuracy Management of Earning Liquidity Securitization
(4)Capital
Adequacy Mismatch of Earning Liquidity and Securitization
(5)
None of these
20. In its
midterm review of the economy the Reserve Bank of India pegged the country's
economic growth for fiscal year 2011-12 at which of the following levels?
(1) 9% (2) 9.5%
(3) 7% (4) 7.7%
(5) 8%
21. Very often we
read in newspapers / magazines about 'Sovereign Wealth Funds'. Which of the
following is / are the correct description of the same?
(1) These are the funds or the reserves of a government or
central bank of a country which are invested further to earn profitable
returns.
(2) These are the funds, which were accumulated by some/
people over the years but were not put in active circulation as they retain
them as Black Money for several years.
(3) The funds which are created to be used as relief funds or
bailouts packages are known as sovereign funds.
(1) Both B and C only (2)
Only B
(3) Only C (4)
Only A
(5) None of these
22. National
Manufacturing Policy (NMP) gets in principle approval from a High Level
Committee headed by PM. Which of the following is the objective of NMP?
(1) To increase the contribution of manufacturing sectors to
25% from existing 16% by 2025.
(2) To create “National Investment Manufacturing Zones”
(3) To create 10 crore new job openings in manufacturing
sector.
(1) Only A (2)
Both A & B
(3) Both B & C (4)
Only C
(5) All of these
23. The Ratio of
the Cash Reserves that the banks are required to keep with RBI is known as-
(1) Liquidity Ratio (2)
SLR
(3) CRR
(4)Net Demand & Time Liability
(5)None of these
24. The government has
appointed Pulok Chatterji as Principal Secretary to the Prime Minister.
Which high profile bureaucrat has Chatterji replaced?
(1) TKA Nair (2) Som Mittal
(3) NM Bora
(4) Shiv Shankar Menon (5)None
of these
25. The government has
recently suspended M Ramadoss for alleged violations in issuing insurance cover
to an airline during his stint as head of another state run insurer. M Ramadoss
was the chairman of which of these insurance companies.
(1) New India Assurance (2)
Oriental Insurance
(3) LIC (4)
United Assurance
(5)None of these
26. The Govt. of
India Union Govt. cleared 18 Foreign Direct Investment (FDI) Proposals worth of
Rs.-
(1) 1000 crores (2) 2500.67 crores
(3 ) 2126.20 crores (4)5098.63 crores
(5)7023.9 crores
27. The Union Cabinet has
cleared setting up a national level social security fund for unorganized
workers. The proposed National Social Security Fund will have an initial corpus
of
(1) Rs 1000 cr (2)
Rs 1100 cr
(3)
Rs. 1200 cr (4)Rs 1500 cr
(5) None of these
28. The proposed National
social security fund will be administered by
(1) Union Law ministry
(2) National Social Security Board
(3) Union HRD Ministry
(4) National Commission for Backward Classes
(5) None of these
29. Indian recently made its
first payments in more than five months for crude oil its buys from Iran when a
$100 million wire-transfer was received by Tehran via state-owned Turkiya Halk
Bankasi (Halkbank). Halkbank belongs to which country?
(1) Bahrain (2) Egypt
(3) UAE (4)Turkey
(5)None of these
30. As per new
revised rules now Foreign Direct Investment in Pension sector is possible upto
the limit of-
(1) 26% (2) 40%
(3) 49% (4)70%
(5)None of these
31. Government has reached an
agreement to settle its oil payment crisis with Iran. Under this payments
settlement government instructed Indian oil importers to open rupee account in
which of the following bank that will route the euro payments to the Turkish state
run bank Turkiya Halk Bankasi (Halkbank) in Istanbul?
(1) Central Bank of India (2)
Bank of India
(3)
Union Bank of India
(4)Indian Overseas Bank (5)None
of these
32. The World
Development Report 2011 was released recently. Who publishes the World
Development Report every year?
(1) Asian Development Bank
(2) World Bank
(3) International Monetary Fund
(4)United Nations Organizations
(5)None of these
33. What is the amount which
India has given to fund bailouts in European countries facing a crisis due to
high levels of debt?
(1) $1 bn (2) $2 bn
(3) $3 bn (4)$3
bn
(5)None of these
34. According to
joint study by industry association FICCI and Ernst & Young predicted
Indian mobile devices market to reach which of the following marks annually by
2020?
(1) 300 million (2) 350 million
(3) 375 million (4) 430 million
(1) 300 million (2) 350 million
(3) 375 million (4) 430 million
35. (5) 562 million
The first Baltic country with which India signed an Agreement and protocol for Avoidance of Double Taxation and the prevention of Fiscal Evasion with respect to Taxes on Income and on capital (DTTA) is:
The first Baltic country with which India signed an Agreement and protocol for Avoidance of Double Taxation and the prevention of Fiscal Evasion with respect to Taxes on Income and on capital (DTTA) is:
(1) Lithuania (2)
Estonia
(3) Latvia (4) Finland
(5) None of these
36. As per the
news reports members of the SAARC agreed to establish a 'SAARC Food Bank' to
ensure food security for members in case of any emergency. Which of the
following nations agreed to provide maximum quantity of food for the bank ?
(1) India (2) Bhutan
(3) Sri Lanka (4)Pakistan
(5)None of these
37. With which of these neighbouring
countries has India signed a comprehensive Border Management Deal recently?
(1) Bangladesh (2) Myanmar
(3) Nepal (4)Bhutan
(5)None of these
38. Which of these auto giants
would invest $1 billion to build a vehicle assembly and engine plant in Sanand,
Gujarat, as it ramps up production to exploit the country’s burgeoning car
market.
(1) Volkswagen (2) Hyundai
(3) Skoda (4)Ford
(5)None of these
39. Which of the public sector
banks has agreed to pick up a 30% stake in MetLife India which will make it the
single largest shareholder in the private insurance company?
(1) SBI (2)
Bank of India
(3) Syndicate Bank (4)
PNB
(5) None of these
40. The availability of Cash and other cash like marketable
instruments that are useful in purchases and investments are commonly known as-
(1) Cash crunch (2)
Liquidity
(3) Credit (4)Marketability
(5)None of these
41. A panel constituted by which of the following bodies on mutual
funds in October 2011 retained the minimum capital requirement to start a fund
house at Rs 10 crore, rejecting a proposal to increase the net worth criterion?
(1) IRDA (2) SEBI
(3) RBI (4) CCI
(1) IRDA (2) SEBI
(3) RBI (4) CCI
(5)None of these
42. Which
of the following public sector banks in November 2011 froze its lending to the
power sector?
(1) State Bank of India (2) Allahabad Bank
(3) Punjab National Bank
(1) State Bank of India (2) Allahabad Bank
(3) Punjab National Bank
(4)
United Bank of India (5) None of these
43. Consider
the following:-
(A)
Provisions regarding Statutory Liquidity Ratio (SLR)
(B)
Provisions regarding Cash Reserve Ratio (CRR)
Which
among the following represents the act/acts in which the above have been enshrined
respectively?
(1) RBI Act, Banking Regulation Act
(2) Banking Regulation Act, RBI Act
(3) Both in RBI Act
(4) Both in Banking Regulation Act
(5) None of these
44. Which of the following companies entered into
a partnership with the department of information technology to provide rural
population socially oriented investment options?
(1) UTI Infrastructure Technology
(2) L&T Infrastructure (3) ICICI Mutual Fund
(4) RIL (5) None of these
(1) UTI Infrastructure Technology
(2) L&T Infrastructure (3) ICICI Mutual Fund
(4) RIL (5) None of these
45. As
per the decision taken by the Govt. of India now the Mahatma Gandhi National
Rural Employment Guarantee Act is extended to all the districts of Indi(1) This
means it will now be applicable to about-
(1)
200 districts (2) 300
districts
(3)
400 districts (4) 500
districts
(5)
640 districts
46. For calculation of poverty line in rural area
which one of the following calories consumption per day per person has been
stipulated by Planning Commission?
(1) 2000 (2) 2100 (3) 2400 (4)
2500 (5) None of these
47. As
we all know India has a three-tier structure of the tax administration. There
are taxes levied by Central Governments, State Governments and Local
Governments. Which of the following taxes is levied by the Local Government
Bodies?
(1) Value Added Tax (2) Stamp Duty (3) Service tax (4) Land Revenue
(5) Tax on water supply and drainage etc
48. The World's Highest Rail Bridge is being built
over -
(1) Brahmaputra River (2)
Beas River
(3)
Chenab River (4) Yamuna
River
(5)
None of these
49. Rashtriya Swasthya Bima Yojana was proposed to be
being extended to the beneficiaries of which of the following Union Government
schemes?
(1) Mahatma Gandhi NREGA
beneficiaries
(2) Beneficiaries of Swavlamban pension scheme
(3) Indira Gandhi National old Age Pension scheme beneficiaries
(4) Beneficiaries of Rajiv Gandhi Grameen Vidyutikaran Yojana (5) None of these
(2) Beneficiaries of Swavlamban pension scheme
(3) Indira Gandhi National old Age Pension scheme beneficiaries
(4) Beneficiaries of Rajiv Gandhi Grameen Vidyutikaran Yojana (5) None of these
50.
Which of these was first Indian company to be listed
on the New York based NASDAQ in 1999?
(1) Wipro (2) TCS (3) Tata Steel (4) Infosys (5) None of these
ANSWERSHEET
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1.
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1
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11.
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3
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21.
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3
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31.
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3
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41.
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4
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2.
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2
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12.
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3
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22.
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2
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32.
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4
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42.
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1
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3.
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3
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13.
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1
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23.
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2
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33.
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4
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43.
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4
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4.
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1
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14.
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2
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24.
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2
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34.
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1
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44.
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3
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5.
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3
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15.
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2
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25.
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2
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35.
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1
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45.
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3
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6.
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1
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16.
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2
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26.
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1
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36.
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1
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46.
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1
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7.
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3
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17.
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1
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27.
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1
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37.
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1
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47.
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3
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8.
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4
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18.
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4
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28.
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3
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38.
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3
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48.
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3
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9.
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3
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19.
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2
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29.
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5
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39.
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3
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49.
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3
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10.
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1
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20.
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1
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30.
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1
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40.
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1
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50.
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4
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