Q.10. Hindu Rate of Growth refers to the rate of growth of- (1) GDP (2) Population (3) Foodgrains BANKING AWARENESS (4) Per Capita income (5) None of these Q.11. Which one of the following is not an objective of fiscal policy of Indian Government ? WITH SPECIAL REFERENCE TO BANKING INDUSTRY (1) Full employment (2) Regulation of Inter-State-trade (3) Price stability (4) Equitable distribution of wealth & income (5) None of these Q.1. In which year Punjab National Bank was established ? Q.12. How many times has financial emergency been declared in India so far ? (1) 1880 (2) 1887 (3) 1894 (4) 1900 (5) None of these (1) 5 times (2) 4 times (3) Once (4) Never (5) None of these Q.2. What is the full form of 'CORE' in core banking services ? Q.13. Which one of the following is not charged on the Consolidated Fund of India ? (1) Channel of Rupee Exchange. (1) Salary & allowances of the president of India (2) Customer Online Realtime Exchange. (2) Salary & allowances of the speaker of the Lok Sabha (3) Centralized Online Rupee Exchange. (3) Salary & allowances of the Justices of the Supreme Court of India (4) Centralized Online Realtime Exchange. (4) Salary & allowances of the Vice President of India (5) Customer Online Rupee Exchange. (5) None of these Q.3. Consider the following statements about Multidimensional Poverty Index (MPI) Q.14. What would be the New Price Index that would measure inflation ? (A) MPI focuses on education, health & living standard as a supplement to income based (1) PPI (2011) (2) CPI (2010) (3) WPI (2004-2005) measure of poverty (4) RTI (5) None of these (B) India ranks 63rd in MPI based poverty ranking among 104 developing countries. Q.15. What is the maximum ceiling on Foreign Direct Investment (FDI) for investment in the equity of (C) Bihar is the second poorest state in India on the basis of MPI based poverty ranking. Public Sector Banks in India ? Which of above statement(s) is/ are true ? (1) 20% (2) 26% (3) 49% (4) 51% (5) 74% (1) Only A & B (2) Only B & C (3) Only A & C (4) All A,B & C (5) None of these Q.16. According to 2011 Census, Sex Ratio in India stood at -----females per 1000 males. Q.4. What is the upper limit of RTGS transactions in India ? (1) 933 (2) 965 (3) 947 (4) 940 (5) None of these (1) No limit (2) Rs. 10 lacs (3) Rs. 50 lacs (4) Rs.20 lacs (5) Rs. 40 lacs Q.17. Indian Stock Market deals in ------. Q.5. Open unemployment refers to people- (1) Shares (2) Debentures (3) Forward Contracts (1) Who are not willing to work (4) Mutual Funds (5) All of the above (2) Who are willing but do not get work. Q.18. ‘Self Help Group’ is associated with which of the following Rural Development Programmes ? (3) Who leave their jobs in search of better jobs. (1) Pradhan Mantri Gram Sadak Yojana (2) Swarna Jayanti Gram Swarozgar Yojana (4) Who have been dismissed because of corrupt practices. (3) TRYSEM (4) Indira Aawas Yojana (5) None of these (5) None of these Q.6. 'Open Market Operation' is a part of- Q.19. During which of the following plan period annual growth rate of G.D.P. was registered as 3.6%? (1) Income Policy (2) Fiscal Policy (3) Credit Policy (1) First five year plan (2) Second five year plan (3) Fourth five year plan (4) Labour Policy (5) None of these (4) Fifth five year plan (5) None of these Q.7. SDR, the currency of the IMF, is in the form of- Q.20. Call money is related to– (1) Paper Currency (2) Gold (3) Silver and Gold both (1) Share Market (2) Government Securities (3) Post Office Deposit (4) Book Keeping entry only (5) None of these (4) Banks Deposit (5) None of these Q.8. Which of the statements given below is/are incorrect ? Q.21. Finance Commisson is included in of Indian Constitution. (A) United Stock Exchange is the fourth country level exchange of India. (1) Article 340 (2) Article 280 (3) Article 360 (B) It is headquartered at Mumbai. (4) Article 390 (5) None of these (C) It will trade in six foreign currency derivatives. Q.22. Which of the following is/are TRUE about the "Village Gram Bank Scheme" ? (1) Only A and B (2) Only B and C (3) Only A and C (1) The scheme is launched to provide safeguards against Starvation during the period of natural calamities or lean season. (4) Only B (5) Only C (2) The gram banks are set up in food scare areas like drought prone areas. Q.9. In India, National income is estimated by ? (3) Village Panchayats who were running Village Grain Banks earlier are now not authorized to (1) Planning commission (2) Indian Statistical Institute run. (3) Central Statistical Office (4) National Smaple Survey Organisation (4) Both (1) and (2) (5) None of these (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.10. Hindu Rate of Growth refers to the rate of growth of- (1) GDP (2) Population (3) Foodgrains BANKING AWARENESS (4) Per Capita income (5) None of these Q.11. Which one of the following is not an objective of fiscal policy of Indian Government ? WITH SPECIAL REFERENCE TO BANKING INDUSTRY (1) Full employment (2) Regulation of Inter-State-trade (3) Price stability (4) Equitable distribution of wealth & income (5) None of these Q.1. In which year Punjab National Bank was established ? Q.12. How many times has financial emergency been declared in India so far ? (1) 1880 (2) 1887 (3) 1894 (4) 1900 (5) None of these (1) 5 times (2) 4 times (3) Once (4) Never (5) None of these Q.2. What is the full form of 'CORE' in core banking services ? Q.13. Which one of the following is not charged on the Consolidated Fund of India ? (1) Channel of Rupee Exchange. (1) Salary & allowances of the president of India (2) Customer Online Realtime Exchange. (2) Salary & allowances of the speaker of the Lok Sabha (3) Centralized Online Rupee Exchange. (3) Salary & allowances of the Justices of the Supreme Court of India (4) Centralized Online Realtime Exchange. (4) Salary & allowances of the Vice President of India (5) Customer Online Rupee Exchange. (5) None of these Q.3. Consider the following statements about Multidimensional Poverty Index (MPI) Q.14. What would be the New Price Index that would measure inflation ? (A) MPI focuses on education, health & living standard as a supplement to income based (1) PPI (2011) (2) CPI (2010) (3) WPI (2004-2005) measure of poverty (4) RTI (5) None of these (B) India ranks 63rd in MPI based poverty ranking among 104 developing countries. Q.15. What is the maximum ceiling on Foreign Direct Investment (FDI) for investment in the equity of (C) Bihar is the second poorest state in India on the basis of MPI based poverty ranking. Public Sector Banks in India ? Which of above statement(s) is/ are true ? (1) 20% (2) 26% (3) 49% (4) 51% (5) 74% (1) Only A & B (2) Only B & C (3) Only A & C (4) All A,B & C (5) None of these Q.16. According to 2011 Census, Sex Ratio in India stood at -----females per 1000 males. Q.4. What is the upper limit of RTGS transactions in India ? (1) 933 (2) 965 (3) 947 (4) 940 (5) None of these (1) No limit (2) Rs. 10 lacs (3) Rs. 50 lacs (4) Rs.20 lacs (5) Rs. 40 lacs Q.17. Indian Stock Market deals in ------. Q.5. Open unemployment refers to people- (1) Shares (2) Debentures (3) Forward Contracts (1) Who are not willing to work (4) Mutual Funds (5) All of the above (2) Who are willing but do not get work. Q.18. ‘Self Help Group’ is associated with which of the following Rural Development Programmes ? (3) Who leave their jobs in search of better jobs. (1) Pradhan Mantri Gram Sadak Yojana (2) Swarna Jayanti Gram Swarozgar Yojana (4) Who have been dismissed because of corrupt practices. (3) TRYSEM (4) Indira Aawas Yojana (5) None of these (5) None of these Q.6. 'Open Market Operation' is a part of- Q.19. During which of the following plan period annual growth rate of G.D.P. was registered as 3.6%? (1) Income Policy (2) Fiscal Policy (3) Credit Policy (1) First five year plan (2) Second five year plan (3) Fourth five year plan (4) Labour Policy (5) None of these (4) Fifth five year plan (5) None of these Q.7. SDR, the currency of the IMF, is in the form of- Q.20. Call money is related to– (1) Paper Currency (2) Gold (3) Silver and Gold both (1) Share Market (2) Government Securities (3) Post Office Deposit (4) Book Keeping entry only (5) None of these (4) Banks Deposit (5) None of these Q.8. Which of the statements given below is/are incorrect ? Q.21. Finance Commisson is included in of Indian Constitution. (A) United Stock Exchange is the fourth country level exchange of India. (1) Article 340 (2) Article 280 (3) Article 360 (B) It is headquartered at Mumbai. (4) Article 390 (5) None of these (C) It will trade in six foreign currency derivatives. Q.22. Which of the following is/are TRUE about the "Village Gram Bank Scheme" ? (1) Only A and B (2) Only B and C (3) Only A and C (1) The scheme is launched to provide safeguards against Starvation during the period of natural calamities or lean season. (4) Only B (5) Only C (2) The gram banks are set up in food scare areas like drought prone areas. Q.9. In India, National income is estimated by ? (3) Village Panchayats who were running Village Grain Banks earlier are now not authorized to (1) Planning commission (2) Indian Statistical Institute run. (3) Central Statistical Office (4) National Smaple Survey Organisation (4) Both (1) and (2) (5) None of these (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.23. NAMA word is related to which organisation ? Q.35. Money laundering is related ------(1) World Trade Organisation (2) UNCTAD (3) International Monetary Fund (1) To reduce the number of families which lives below poverty line. (4) World Bank (5) None of these (2) To reduce the NPA of Banks. Q.24. SEBI is related to ------(3) To reduce the Black Money. (1) Bank (2) Government of India (3) Share Market (4) To reduce the unemployment rate. (4) State Government (5) None of these (5) None of these Q.25. What is the main function of National Planning Council ? Q.36. In which year Public Debt Act was passed ? (1) Suggestions to Planning Commission (2) Formation of Committee (1) 1938 (2) 1940 (3) 1944 (4) 1948 (5) None of these Q.37. Which of the following is not included in Indian Economy ? (3) Formation of Five Year Plan (4) Formation of Socio-Economic Programme

(1) M12(2) M (3) M3(4) both M1 and M3(5) None of these (5) None of these Q.38. National Income indicates - Q.26. Which of the following services is NOT provided by the post offices in India ? (1) The number of families below poverty line. (2) Goods and Services in Economy (1) Savings Bank Scheme (2) Retailing of Mutual Funds (3) Growth of Economy (4) 2 and 3 (3) Sale of Stamp Papers (4) Issuance of Demand Drafts (5) None of these (5) None of these Q.39. The first five year plan was started in ------. Q.27. Banks are required to pay how much percentage of their net bank credit to Priority Sector in (1) 1939 (2) 1949 (3) 1951 (4) 1956 (5) None of these advance ? Q.40. What is the full form of ASBA ? (1) 5% (2) 7% (3) 10% (4) 15% (5) None of these (1) Amount Saved and Balance in Account. (2) Account Savings & Bank Ascertainment. Q.28. Economic Planning comes under which of the following lists ? (3) Applications Supported by Blocked Amount. (4) Already Savings Blocked Amount. (1) Union List (2) Concurrent list (3) State List (5) None of these (4) 1 and 3 (5) None of these Q.41. The debenture holders of a company are its_____. Q.29. Which of the following is/are correct about the 'Operational Risk' as used in the field of banking? (1) Employees (2) Debtors (3) Creditors (4) Partners (5) None of these A. Risk of loss due to inadequate or failed internal process. Q.42. Ministry of Communications and IT has launched a social security scheme the Service Discharge B. Risk of loss due to natural calamities. Benefit Scheme (SDBS) ------. C. Loss occurred due to non compliance of legal procedures. (1) To provide financial security to Gramin Dak Sevaks (1) Only A (2) Only B (3) Only C (4) All (5) None of these (2) To provide insurance for the rural poor Q.30. The word "Code Sharing" is most used in which of the following industries ? (3) To provide risk cover for the urban slums (1) Information Technology (2) Defense Industry (3) Nuclear Industry (4) To provide financial assistance for the gram panchayats (4) Air Transport Industry (5) None of these (5) None of these Q.31. WADA (World Anti Doping Agency) is related with------. Q.43. In which year National Bank for Agriculture and Rural Development (NABARD) was established in _____. (1) 1991 (2) 1982 (3) 1952 (4) 1968 (5) None of these (1) Insurance (2) Government Securities (3) Dope Testing Q.44. In banking terminology bad loans refer to ------. (4) Stock Exchange (5) None of these (1) Bad debts (2) Non Performing assets Q.32. Bank Rate is------(3) Underwriting assets (4) Fictitious assets (1) Rate at which commercial banks borrow long term funds from central Bank. (5) None of these (2) Rate at which commercial banks borrow short term funds from central bank. Q.45. Which of the following department is not a part of Finance Ministry of India ? (3) Currently Bank rate is 8.5% (1) Department of Revenue (2) Department of Expenditure (4) Both 1 and 3 (3) Department of Economic Affairs (4) Department of Industrial Policy & Promotion (5) None of these (5) None of these Q.33. Which of the following statements is/are TRUE about Share Market ? Q.46. Which of the following is the name of a Private Sector Bank in India ? (A) Share Market is operated in stock exchange. (1) IDBI Bank (2) Axis Bank (3) Corporation Bank (B) In India Saurastra stock exchange and Kanpur stock exchanges are closed recently. (4) UCO Bank (5) All are Private Banks (C) In India 22 Stock Exchange are in operating condition. Q.47. What is an Indian Depository Receipt ? (1) Only A (2) A and B (3) Only B (4) All (5) None of these (1) A deposit account with a Public Sector Bank Q.34. Which of the following organisations releases "World Economic Outlook" Report ? (2) A depository account with any of Depositories in India (1) Asian Development Bank (2) World Bank (3) An instrument in the form of depository receipt created by an Indian depository against (3) International Monetary Fund (4) World Trade Organisation underlying equity shares of the issuing company (5) None of these (4) An instrument in the form of deposit receipt issued by Indian depositories (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.23. NAMA word is related to which organisation ? Q.35. Money laundering is related ------(1) World Trade Organisation (2) UNCTAD (3) International Monetary Fund (1) To reduce the number of families which lives below poverty line. (4) World Bank (5) None of these (2) To reduce the NPA of Banks. Q.24. SEBI is related to ------(3) To reduce the Black Money. (1) Bank (2) Government of India (3) Share Market (4) To reduce the unemployment rate. (4) State Government (5) None of these (5) None of these Q.25. What is the main function of National Planning Council ? Q.36. In which year Public Debt Act was passed ? (1) Suggestions to Planning Commission (2) Formation of Committee (1) 1938 (2) 1940 (3) 1944 (4) 1948 (5) None of these Q.37. Which of the following is not included in Indian Economy ? (3) Formation of Five Year Plan (4) Formation of Socio-Economic Programme

(1) M12(2) M (3) M3(4) both M1 and M3(5) None of these (5) None of these Q.38. National Income indicates - Q.26. Which of the following services is NOT provided by the post offices in India ? (1) The number of families below poverty line. (2) Goods and Services in Economy (1) Savings Bank Scheme (2) Retailing of Mutual Funds (3) Growth of Economy (4) 2 and 3 (3) Sale of Stamp Papers (4) Issuance of Demand Drafts (5) None of these (5) None of these Q.39. The first five year plan was started in ------. Q.27. Banks are required to pay how much percentage of their net bank credit to Priority Sector in (1) 1939 (2) 1949 (3) 1951 (4) 1956 (5) None of these advance ? Q.40. What is the full form of ASBA ? (1) 5% (2) 7% (3) 10% (4) 15% (5) None of these (1) Amount Saved and Balance in Account. (2) Account Savings & Bank Ascertainment. Q.28. Economic Planning comes under which of the following lists ? (3) Applications Supported by Blocked Amount. (4) Already Savings Blocked Amount. (1) Union List (2) Concurrent list (3) State List (5) None of these (4) 1 and 3 (5) None of these Q.41. The debenture holders of a company are its_____. Q.29. Which of the following is/are correct about the 'Operational Risk' as used in the field of banking? (1) Employees (2) Debtors (3) Creditors (4) Partners (5) None of these A. Risk of loss due to inadequate or failed internal process. Q.42. Ministry of Communications and IT has launched a social security scheme the Service Discharge B. Risk of loss due to natural calamities. Benefit Scheme (SDBS) ------. C. Loss occurred due to non compliance of legal procedures. (1) To provide financial security to Gramin Dak Sevaks (1) Only A (2) Only B (3) Only C (4) All (5) None of these (2) To provide insurance for the rural poor Q.30. The word "Code Sharing" is most used in which of the following industries ? (3) To provide risk cover for the urban slums (1) Information Technology (2) Defense Industry (3) Nuclear Industry (4) To provide financial assistance for the gram panchayats (4) Air Transport Industry (5) None of these (5) None of these Q.31. WADA (World Anti Doping Agency) is related with------. Q.43. In which year National Bank for Agriculture and Rural Development (NABARD) was established in _____. (1) 1991 (2) 1982 (3) 1952 (4) 1968 (5) None of these (1) Insurance (2) Government Securities (3) Dope Testing Q.44. In banking terminology bad loans refer to ------. (4) Stock Exchange (5) None of these (1) Bad debts (2) Non Performing assets Q.32. Bank Rate is------(3) Underwriting assets (4) Fictitious assets (1) Rate at which commercial banks borrow long term funds from central Bank. (5) None of these (2) Rate at which commercial banks borrow short term funds from central bank. Q.45. Which of the following department is not a part of Finance Ministry of India ? (3) Currently Bank rate is 8.5% (1) Department of Revenue (2) Department of Expenditure (4) Both 1 and 3 (3) Department of Economic Affairs (4) Department of Industrial Policy & Promotion (5) None of these (5) None of these Q.33. Which of the following statements is/are TRUE about Share Market ? Q.46. Which of the following is the name of a Private Sector Bank in India ? (A) Share Market is operated in stock exchange. (1) IDBI Bank (2) Axis Bank (3) Corporation Bank (B) In India Saurastra stock exchange and Kanpur stock exchanges are closed recently. (4) UCO Bank (5) All are Private Banks (C) In India 22 Stock Exchange are in operating condition. Q.47. What is an Indian Depository Receipt ? (1) Only A (2) A and B (3) Only B (4) All (5) None of these (1) A deposit account with a Public Sector Bank Q.34. Which of the following organisations releases "World Economic Outlook" Report ? (2) A depository account with any of Depositories in India (1) Asian Development Bank (2) World Bank (3) An instrument in the form of depository receipt created by an Indian depository against (3) International Monetary Fund (4) World Trade Organisation underlying equity shares of the issuing company (5) None of these (4) An instrument in the form of deposit receipt issued by Indian depositories (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.48. Which is included in Capital budget ? Q.58. Which of the following is another name for Bank of Sweden Prize ? (1) Income received from public borrowings (2) Income received from tax-sources (1) Noble Prize for Literature (2) Noble Prize for Peace (3) Income received from non-tax sources (4) All of the above (3) Man Booker Prize (4) Noble Prize for Medicine (5) None of these (5) None of these Q.49. Mobile banking is set to get a boost from IMPS, which stands for------. Q.59. Market Cost of a product includes ____. (1) Inter-Bank Mobile Payment Service (2) Inter-Bank Money Portability Service (1) Factor Cost (2) Advertisement Cost (3) Intra-Bank Mobile Payment System (4) Inter-Bank Money Preventing System (3) Transportation Cost (4) All of above (5) None of these (5) None of these Q.50. What is the full form of NSDL? Q.60. In the first phase of nationalisation of banks how many banks were nationalised ? (1) National Securities Depository Limited (2) National Securities Demanding Liability (1) 19 (2) 26 (3) 27 (4) 6 (5) None of these (3) National Sample Depository Limited (4) National Sample Driven Land Q.61. Which among the following will settle the grievances of customers of banks? (5) None of these (1) State Bank of India (2) Banking Ombudsmen (3) Local Courts Q.51. Consider the following statements and state which of them are true ? (4) Nationalised Banks (5) None of these (A) Govt. launched service discharge benefit scheme for post retirement security of about Q.62. What was the targeted growth rate for 2012-17 in the 12th Five Year Plan? three lakh Gramin Dak Sevaks. (1) 8% (2) 10-11% (3) 9.6% (4) 9.5-9.75% (5) None of these (B) Govt. will deposit two hundred rupees per month in accounts of Gramin Dak Sevaks working Q.63. Gilt - Edged market means------. in far flung areas. (1) Bull Market (2) Gun Market (C) Scheme is being functionized by utilizing funds from PFRDA. (3) Market of Government Securities (4) Market of Pure Metal (D) Government will provide over 70 crore Rs. annually for this scheme. (5) None of these (1) B and D (2) A, C and D (3) All are true Q.64. Many times we have read about ULIP in newspapers. ULIP stands for ______. (4) A and C (5) None of these (1) United Loaded Investment Plan (2) Universal Loan Investment Plan Q.52. In 2011-12 Central Government launched a new Scheme 'Swabhimaan'. Which statements are true (3) Unit Life Insurance Plan (4) Unit Linked Insurance Plan about it ? (5) None of these (1) It is a programme on Financial Inclusion Q.65. Devaluation of currency results in ____ (2) Opening 5 crore new rural bank accounts. (1) Increased export and import (3) Providing branchless banking through technology. (2) Trade deficit (4) Covering all 73000 unbanked rural habitations with over 2000 population. (3) Increased export and improvement in balance of payment (5) All of the above (4) Increased import & foreign reserve deficiency Q.53. Which of the following terms is/are related with finance and banking ? (5) None of these (1) Velocity (2) Displacement (3) Badla Q.66. The Govt. of India replaced the FERA by ______. (4) Centigrade (5) None of these (1) FEMA (2) FRBMA (3) Monopolies Act Q.54. Tarapore Committee submitted its report on "Full Convertibility on Rupee" in- (4) FRTP (5) None of these (1) American Depository Receipt (2) Current Account (3) Capital Account Q.67. Banking which involves mobilizing large part of the deposits in risk free assets such as government (4) 2 & 3 Both (5) None of these securities is called ______. Q.55. Scheme inaugurated helpline 'Udyami' is to assist------. (1) Overseas Banking (2) Offshore Banking (3) Islamic Banking (1) Rural Unemployed (2) Large Capital Industries (4) Narrow Banking (5) None of these (3) Only female entrepreneus (4) Farmers introducing technology in farming Q.68. What is the full form of REER? (5) Micro, Small and Medium enterprises (1) Real Earning Emergent Ratio (2) Real Elective Effective Ratio Q.56. Consider the following statements about newly launched Mahila Kisan Sashaktikaran Pariyojana (3) Real Effective Exchange Rate (4) Role Effective Earned Rate and State which of the following is/are the objectives of MKSP ? (5) None of these (A) To create sustainable agricultural livelihood opportunities for women in agriculture Q.69. Consider the following statements and state which of them are true? (B) To ensure food and nutrition security at the household and community level. A. The planning commission's 40 members steering committee on Health will advise panel on (C) To enhance the productive participation of women in agriculture. the twelfth five year plan. (1) Only A (2) Only C (3) All are true B. The 40 member committee on Health is chaired by Syeda Hameed. (4) A and B (5) None of these C. The steering committee will review the National Health Policy, as well as explore the possibility Q.57. Which of the following is not Development Bank/Non Commercial Bank ? of adopting the Right to Health as an approach with focus on women, children & preventive & curative healthcare. (1) SIDBI (2) National Housing Bank (3) IDBI (1) Only B (2) Only C (3) A & C (4) All are true (5) None of these (4) NABARD (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.48. Which is included in Capital budget ? Q.58. Which of the following is another name for Bank of Sweden Prize ? (1) Income received from public borrowings (2) Income received from tax-sources (1) Noble Prize for Literature (2) Noble Prize for Peace (3) Income received from non-tax sources (4) All of the above (3) Man Booker Prize (4) Noble Prize for Medicine (5) None of these (5) None of these Q.49. Mobile banking is set to get a boost from IMPS, which stands for------. Q.59. Market Cost of a product includes ____. (1) Inter-Bank Mobile Payment Service (2) Inter-Bank Money Portability Service (1) Factor Cost (2) Advertisement Cost (3) Intra-Bank Mobile Payment System (4) Inter-Bank Money Preventing System (3) Transportation Cost (4) All of above (5) None of these (5) None of these Q.50. What is the full form of NSDL? Q.60. In the first phase of nationalisation of banks how many banks were nationalised ? (1) National Securities Depository Limited (2) National Securities Demanding Liability (1) 19 (2) 26 (3) 27 (4) 6 (5) None of these (3) National Sample Depository Limited (4) National Sample Driven Land Q.61. Which among the following will settle the grievances of customers of banks? (5) None of these (1) State Bank of India (2) Banking Ombudsmen (3) Local Courts Q.51. Consider the following statements and state which of them are true ? (4) Nationalised Banks (5) None of these (A) Govt. launched service discharge benefit scheme for post retirement security of about Q.62. What was the targeted growth rate for 2012-17 in the 12th Five Year Plan? three lakh Gramin Dak Sevaks. (1) 8% (2) 10-11% (3) 9.6% (4) 9.5-9.75% (5) None of these (B) Govt. will deposit two hundred rupees per month in accounts of Gramin Dak Sevaks working Q.63. Gilt - Edged market means------. in far flung areas. (1) Bull Market (2) Gun Market (C) Scheme is being functionized by utilizing funds from PFRDA. (3) Market of Government Securities (4) Market of Pure Metal (D) Government will provide over 70 crore Rs. annually for this scheme. (5) None of these (1) B and D (2) A, C and D (3) All are true Q.64. Many times we have read about ULIP in newspapers. ULIP stands for ______. (4) A and C (5) None of these (1) United Loaded Investment Plan (2) Universal Loan Investment Plan Q.52. In 2011-12 Central Government launched a new Scheme 'Swabhimaan'. Which statements are true (3) Unit Life Insurance Plan (4) Unit Linked Insurance Plan about it ? (5) None of these (1) It is a programme on Financial Inclusion Q.65. Devaluation of currency results in ____ (2) Opening 5 crore new rural bank accounts. (1) Increased export and import (3) Providing branchless banking through technology. (2) Trade deficit (4) Covering all 73000 unbanked rural habitations with over 2000 population. (3) Increased export and improvement in balance of payment (5) All of the above (4) Increased import & foreign reserve deficiency Q.53. Which of the following terms is/are related with finance and banking ? (5) None of these (1) Velocity (2) Displacement (3) Badla Q.66. The Govt. of India replaced the FERA by ______. (4) Centigrade (5) None of these (1) FEMA (2) FRBMA (3) Monopolies Act Q.54. Tarapore Committee submitted its report on "Full Convertibility on Rupee" in- (4) FRTP (5) None of these (1) American Depository Receipt (2) Current Account (3) Capital Account Q.67. Banking which involves mobilizing large part of the deposits in risk free assets such as government (4) 2 & 3 Both (5) None of these securities is called ______. Q.55. Scheme inaugurated helpline 'Udyami' is to assist------. (1) Overseas Banking (2) Offshore Banking (3) Islamic Banking (1) Rural Unemployed (2) Large Capital Industries (4) Narrow Banking (5) None of these (3) Only female entrepreneus (4) Farmers introducing technology in farming Q.68. What is the full form of REER? (5) Micro, Small and Medium enterprises (1) Real Earning Emergent Ratio (2) Real Elective Effective Ratio Q.56. Consider the following statements about newly launched Mahila Kisan Sashaktikaran Pariyojana (3) Real Effective Exchange Rate (4) Role Effective Earned Rate and State which of the following is/are the objectives of MKSP ? (5) None of these (A) To create sustainable agricultural livelihood opportunities for women in agriculture Q.69. Consider the following statements and state which of them are true? (B) To ensure food and nutrition security at the household and community level. A. The planning commission's 40 members steering committee on Health will advise panel on (C) To enhance the productive participation of women in agriculture. the twelfth five year plan. (1) Only A (2) Only C (3) All are true B. The 40 member committee on Health is chaired by Syeda Hameed. (4) A and B (5) None of these C. The steering committee will review the National Health Policy, as well as explore the possibility Q.57. Which of the following is not Development Bank/Non Commercial Bank ? of adopting the Right to Health as an approach with focus on women, children & preventive & curative healthcare. (1) SIDBI (2) National Housing Bank (3) IDBI (1) Only B (2) Only C (3) A & C (4) All are true (5) None of these (4) NABARD (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.70. IRDA announced a Health Insurance Policy Portability. This will be implemented from ______. Q.82. Which one of the following launched social security scheme for 'Gramin Dak Sevaks' ? (1) 1 April, 2011 (2) 1 August, 2011 (3) 1 September, 2011 (1) Ministry of Economic Affairs (2) Ministry of Rural Infrastructure (4) 1 July, 2011 (5) None of these (3) Ministry of Communications & IT (4) Ministry of Rural Development Q.71. Which of the following term is used in banking and finance ? (5) None of these (1) Cathode (2) Diabetic (3) Equity (4) Obese (5) None of these Q.83. What is the Platinum Jubilee Year of the RBI ? Q.72. Consider the following & state which of them are TRUE ? (1) 2007-2008 (2) 2008-2009 (3) 2012-2013 (4) 2014-2015 (5) 2009-2010 (A) New Foreign Contribution Regulation Act has come into force. Q.84. National Food for Work Programme was launched in------. (B) Under the law, no political party can receive foreign funds as donation. (1) 2004 (2) 2010 (3) 2001 (4) 2008 (5) None of these (C) The act says in case of any organisation receiving funds over 10 lakh, bank will immediately Q.85. Kisan Credit Card scheme was launched in the year______. inform govt. to enable agencies to track funds. (1) 2000 (2) 1998 (3) 1996 (4) 1992 (5) None of these (D) There are over 40000 organisations recieving foreign contribution in country out of which only Q.86. Credit which is available at low rates of Interest is defined as ______. 18000 report the inflow of funds & submit their accounts. (1) Hot money (2) Fiat money (3) Token money (4) Cheap money (5) None of these (1) All are true (2) Only D (3) B and D (4) Only C (5) None of these Q.87. Which Bank is the apex bank of USA ? Q.73. Committee related with the merger of regional rural banks with their sponsor banks is------. (1) Citi Bank (2) Bank of America (3) Federal Reserve (1) Khusro Committee (2) Khan Committee (4) Central Bank of USA (5) None of these (3) Malegam Committee (4) Hilton Young Committee Q.88. Which of the following statements are correct about Finance Commission ? (5) None of these (A) It is a statutory body. Q.74. Functions of NBFC includes------. (B) It is constituted under article 280 of Indian constitution. (1) Equipment Leasing (2) Term Deposits (C) Mr. K. C. Pant is the Chairman of 13th Finance Commission. (3) Housing Finance & Investment in Financial Securities (4) 1 & 3 (1) Only A (2) B and C (3) A and B (4) A, B & C (5) None of these (5) None of these Q.89. In Regional Rural Banks, What is the contribution of the Sponsor Banks ? Q.75. What does PMLA stands for ? (1) 50% (2) 15% (3) 35% (4) 25% (5) None of these (1) Primary Money Launching Authority (2) Preventing Money Launching Act Q.90. Which one of the following is not a part of the World Bank Group ? (3) Promoting Money Laundering Act (4) Prevention of Money Laundering Act (1) The International Finance Corporation (2) Asian Development Bank (5) None of these (3) The Multi-lateral Investment Guarantee Agency (4) International Development Association. Q.76. Bad debts recovered is a ------for the organisation. (5) None of these (1) Expense (2) Debt (3) Income (4) Asset (5) None of these Q.91. The nature of convertibility of the Indian Economy is ______. Q.77. Which of the following term is not used in Banking/Finance ? (1) Convertibility at capital account (2) Convertibility at trade account (1) Revenue (2) Epicenter (3) Commercial Papers (3) Free Convertible (4) Convertibility at current account (4) Consolidated Fund (5) None of these (5) None of these Q.78. Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ? Q.92. What is the full form of LERMS ? (1) RBI (2) IDBI (3) SIDBI (4) NABARD (5) None of these (1) Liberalised Exchange Rate Management System Q.79. What does a rise in SENSEX means ? (2) Long Elimination Reserve Management System (1) Rise in prices of all companies belonging to U.K. (3) Liberalised Extended Related Management Stock (2) Overall rise in prices of shares of companies registered in BSE. (4) Linguistic Exchange Reserve Management Scenario (3) Overall rise in prices of shares of companies registered in NSE. (5) None of these (4) Rise in prices of shares of companies of America. Q.93. Which of the following is the basic objective of R.B.I's monetary policy ? (5) None of these (1) To control deficit in the balance of payment (2) To control public expenditure Q.80. Which of the following in India formulates the fiscal policy? (3) To control deficit of the budget (4) To control cost & availability of money (1) Finance Commission (2) RBI (3) Ministry of Finance (5) None of these (4) Planning Commission (5) None of these Q.94. Stagflation refers to ______. Q.81. Indian company having FDI will be permitted to make downstream investment in LLPs. What is the (1) High inflation in periods of full employment full form of LLP ? (2) High deflation in periods of high unemployment (1) Limited Language Performance (2) Limited Liability Partnership (3) Deflation in periods of stagnant employment (3) Linguistic Liability Participation (4) Limited Lasting Participation (4) High inflation in periods of high unemployment (5) None of these (5) None of these

Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.70. IRDA announced a Health Insurance Policy Portability. This will be implemented from ______. Q.82. Which one of the following launched social security scheme for 'Gramin Dak Sevaks' ? (1) 1 April, 2011 (2) 1 August, 2011 (3) 1 September, 2011 (1) Ministry of Economic Affairs (2) Ministry of Rural Infrastructure (4) 1 July, 2011 (5) None of these (3) Ministry of Communications & IT (4) Ministry of Rural Development Q.71. Which of the following term is used in banking and finance ? (5) None of these (1) Cathode (2) Diabetic (3) Equity (4) Obese (5) None of these Q.83. What is the Platinum Jubilee Year of the RBI ? Q.72. Consider the following & state which of them are TRUE ? (1) 2007-2008 (2) 2008-2009 (3) 2012-2013 (4) 2014-2015 (5) 2009-2010 (A) New Foreign Contribution Regulation Act has come into force. Q.84. National Food for Work Programme was launched in------. (B) Under the law, no political party can receive foreign funds as donation. (1) 2004 (2) 2010 (3) 2001 (4) 2008 (5) None of these (C) The act says in case of any organisation receiving funds over 10 lakh, bank will immediately Q.85. Kisan Credit Card scheme was launched in the year______. inform govt. to enable agencies to track funds. (1) 2000 (2) 1998 (3) 1996 (4) 1992 (5) None of these (D) There are over 40000 organisations recieving foreign contribution in country out of which only Q.86. Credit which is available at low rates of Interest is defined as ______. 18000 report the inflow of funds & submit their accounts. (1) Hot money (2) Fiat money (3) Token money (4) Cheap money (5) None of these (1) All are true (2) Only D (3) B and D (4) Only C (5) None of these Q.87. Which Bank is the apex bank of USA ? Q.73. Committee related with the merger of regional rural banks with their sponsor banks is------. (1) Citi Bank (2) Bank of America (3) Federal Reserve (1) Khusro Committee (2) Khan Committee (4) Central Bank of USA (5) None of these (3) Malegam Committee (4) Hilton Young Committee Q.88. Which of the following statements are correct about Finance Commission ? (5) None of these (A) It is a statutory body. Q.74. Functions of NBFC includes------. (B) It is constituted under article 280 of Indian constitution. (1) Equipment Leasing (2) Term Deposits (C) Mr. K. C. Pant is the Chairman of 13th Finance Commission. (3) Housing Finance & Investment in Financial Securities (4) 1 & 3 (1) Only A (2) B and C (3) A and B (4) A, B & C (5) None of these (5) None of these Q.89. In Regional Rural Banks, What is the contribution of the Sponsor Banks ? Q.75. What does PMLA stands for ? (1) 50% (2) 15% (3) 35% (4) 25% (5) None of these (1) Primary Money Launching Authority (2) Preventing Money Launching Act Q.90. Which one of the following is not a part of the World Bank Group ? (3) Promoting Money Laundering Act (4) Prevention of Money Laundering Act (1) The International Finance Corporation (2) Asian Development Bank (5) None of these (3) The Multi-lateral Investment Guarantee Agency (4) International Development Association. Q.76. Bad debts recovered is a ------for the organisation. (5) None of these (1) Expense (2) Debt (3) Income (4) Asset (5) None of these Q.91. The nature of convertibility of the Indian Economy is ______. Q.77. Which of the following term is not used in Banking/Finance ? (1) Convertibility at capital account (2) Convertibility at trade account (1) Revenue (2) Epicenter (3) Commercial Papers (3) Free Convertible (4) Convertibility at current account (4) Consolidated Fund (5) None of these (5) None of these Q.78. Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ? Q.92. What is the full form of LERMS ? (1) RBI (2) IDBI (3) SIDBI (4) NABARD (5) None of these (1) Liberalised Exchange Rate Management System Q.79. What does a rise in SENSEX means ? (2) Long Elimination Reserve Management System (1) Rise in prices of all companies belonging to U.K. (3) Liberalised Extended Related Management Stock (2) Overall rise in prices of shares of companies registered in BSE. (4) Linguistic Exchange Reserve Management Scenario (3) Overall rise in prices of shares of companies registered in NSE. (5) None of these (4) Rise in prices of shares of companies of America. Q.93. Which of the following is the basic objective of R.B.I's monetary policy ? (5) None of these (1) To control deficit in the balance of payment (2) To control public expenditure Q.80. Which of the following in India formulates the fiscal policy? (3) To control deficit of the budget (4) To control cost & availability of money (1) Finance Commission (2) RBI (3) Ministry of Finance (5) None of these (4) Planning Commission (5) None of these Q.94. Stagflation refers to ______. Q.81. Indian company having FDI will be permitted to make downstream investment in LLPs. What is the (1) High inflation in periods of full employment full form of LLP ? (2) High deflation in periods of high unemployment (1) Limited Language Performance (2) Limited Liability Partnership (3) Deflation in periods of stagnant employment (3) Linguistic Liability Participation (4) Limited Lasting Participation (4) High inflation in periods of high unemployment (5) None of these (5) None of these

Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.95. Which of the follwoing measures is not taken by government to control inflation ? Q.107. 'Growth with Stability' was the aim of which of the following Five Year Plans ? (1) It increases the rate of taxes (2) It increases cash reserve ratio (1) Second Plan (2) Third Plan (3) Fourth Plan (4) Fifth Plan (5) None of these (3) It increases the imports (4) It increases the public debt Q.108. Which of the following is not a part of India's Money Market ? (5) None of these (1) Money Lenders (2) Indian Gold Council (3) Bill Markets Q.96. The object of introducing base rate by RBI is_____. (4) Banks (5) None of these (A) Enhancing transparency in lending rates of banks Q.109. When more than one banks are allowing credit facilities to one party in coordination with each other (B) Enabling better assessment of transmission of monetary policy under a formal arrangement, the arrangement is called __. (1) Securitization (2) Participation (3) Consortium (4) Consolidation (5) None of these (C) Keeping interest rates low Q.110. International Bank for Reconstruction and Development is related to _____. (1) A and B (2) Only C (3) Only B (4) All of above (5) None of these (1) World Bank (2) ADB (3) IMF (4) Federal Bank (5) None of these Q.97. Which of the following defines Commercial Papers? Q.111. A banking system in which a big bank has a number of branches in different parts of the country is (1) Long term debt issued by private corporations. known as ___. (2) Short-term and unsecured promissory notes issued by corporations with-very high credit standings. (1) Unit Banking (2) Branch Banking (3) Mixed Banking (3) Savings instrument, in which funds must remain on deposit for a specified period, and (4) Chain Banking (5) None of these premature withdrawals incur interest penalties. Q.112. Which of the following is an example of near money ? (4) 1 and 3 (1) Fiat money (2) Bank Draft (3) Treasury Bills (5) None of these (4) 50 paise coins (5) None of these Q.98. Which of the following bill is regarding timely delivery of information & documents like birth & death Q.113. Raising or lowering of the central bank discount rate is known as ____. certificates & revenue records to people & empowering them to file complaints against delays? (1) Bank rate policy (2) Open market operation (1) Jan Lokpal Bill (2) Janhit Guarantee Bill (3) Cash reserve ratio (4) 2 and 3 (3) Right to Education (4) Jansewa Guarantee Bill (5) None of these (5) None of these Q.114. 'Gold Tranche' refers to ___. Q.99. Which of the following terms is not related with banking/finance? (1) a credit system granted by IMF to its members. (2) A loan system of the World Bank (1) Call Option (2) Coupon (3) Stock Splits (4) Ablation (5) None of these (3) A credit system granted by WTO to its members. (4) One of the operations of a Central Bank Q.100. What is the maturity period of Treasury Bills issued by Government of India? (5) None of these (1) 14 days and 84 days (2) 182 days and 364 days Q.115. National Food Security Mission was launched in the year ___. (3) 18 days and 36 days (4) 91, 182 & 364 days (1) 2005-06 (2) 2006-07 (3) 2007-08 (4) 2008-09 (5) None of these (5) None of these Q.116. Which is a legal tender in a modern economy amongst the following ? Q.101. Many a times Government raises additional resources through taxation & allocation of expenditure (1) Currency notes (2) Cheques (3) Bank Draft as per its requirements. It is known as ------(4) Promissory notes (5) None of these (1) Credit Policy (2) Fiscal Policy (3) Monetary policy Q.117. Which of the following doesn't relates with banking or finance ? (4) Taxation Policy (5) None of these (1) Devaluation (2) Hundis (3) Flare (4) Gearing (5) None of these Q.102. In which year did second phase of nationalization of banks took place? Q.118. ESOP means - (1) 1969 (2) 1979 (3) 1980 (4) 1990 (5) None of these (1) Employee stock option play (2) Employee shair object plan Q.103. SLR is maintained by banks on which of the following – (3) Employee stock option plan (4) Enter shair object plan (1) Demand and Time Deposits (2) Net Demand and Time Deposits (5) All of these (3) Demand and Time Liabilities (4) Net Demand and Time Liabilities Q.119. Which of the following is not a characteristics of Fiat money? (5) None of these (1) Fiat money is created and issued by the state Q.104. What is the base year for new series of IIP (Index of Industrial Production) ? (2) Fiat money is inconvertible by law (1) 1993-94 (2) 1994-95 (3) 2003-2004 (4) 2002-2003 (5) 2004-2005 (3) Its value as a commodity is as great as its value as money Q.105. Which of the following is not an objective of fiscal policy of Government of India ? (4) It is a legal tender (1) Price Stability (2) Full Employment (5) None of these (3) Equal distribution of Income and Wealth (4) Regulation of Inter State Trade Q.120. A banking system where all operations are confined to a single office is known as _____. (5) None of these (1) Unit Banking (2) Group Banking (3) Chain Banking Q.106. Increase in Fiscal Deficit leads to ______. (4) Branch Banking (5) None of these (1) No change in BOP (2) Increase in Balance of Payments Q.121. Which of the following is not a Financial/Economic term? (3) Reduction in Balance of Payments (4) 1 and 2 (1) Marginal Utility (2) Dumping (3) Pipette (5) None of these (4) Break Even Point (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.95. Which of the follwoing measures is not taken by government to control inflation ? Q.107. 'Growth with Stability' was the aim of which of the following Five Year Plans ? (1) It increases the rate of taxes (2) It increases cash reserve ratio (1) Second Plan (2) Third Plan (3) Fourth Plan (4) Fifth Plan (5) None of these (3) It increases the imports (4) It increases the public debt Q.108. Which of the following is not a part of India's Money Market ? (5) None of these (1) Money Lenders (2) Indian Gold Council (3) Bill Markets Q.96. The object of introducing base rate by RBI is_____. (4) Banks (5) None of these (A) Enhancing transparency in lending rates of banks Q.109. When more than one banks are allowing credit facilities to one party in coordination with each other (B) Enabling better assessment of transmission of monetary policy under a formal arrangement, the arrangement is called __. (1) Securitization (2) Participation (3) Consortium (4) Consolidation (5) None of these (C) Keeping interest rates low Q.110. International Bank for Reconstruction and Development is related to _____. (1) A and B (2) Only C (3) Only B (4) All of above (5) None of these (1) World Bank (2) ADB (3) IMF (4) Federal Bank (5) None of these Q.97. Which of the following defines Commercial Papers? Q.111. A banking system in which a big bank has a number of branches in different parts of the country is (1) Long term debt issued by private corporations. known as ___. (2) Short-term and unsecured promissory notes issued by corporations with-very high credit standings. (1) Unit Banking (2) Branch Banking (3) Mixed Banking (3) Savings instrument, in which funds must remain on deposit for a specified period, and (4) Chain Banking (5) None of these premature withdrawals incur interest penalties. Q.112. Which of the following is an example of near money ? (4) 1 and 3 (1) Fiat money (2) Bank Draft (3) Treasury Bills (5) None of these (4) 50 paise coins (5) None of these Q.98. Which of the following bill is regarding timely delivery of information & documents like birth & death Q.113. Raising or lowering of the central bank discount rate is known as ____. certificates & revenue records to people & empowering them to file complaints against delays? (1) Bank rate policy (2) Open market operation (1) Jan Lokpal Bill (2) Janhit Guarantee Bill (3) Cash reserve ratio (4) 2 and 3 (3) Right to Education (4) Jansewa Guarantee Bill (5) None of these (5) None of these Q.114. 'Gold Tranche' refers to ___. Q.99. Which of the following terms is not related with banking/finance? (1) a credit system granted by IMF to its members. (2) A loan system of the World Bank (1) Call Option (2) Coupon (3) Stock Splits (4) Ablation (5) None of these (3) A credit system granted by WTO to its members. (4) One of the operations of a Central Bank Q.100. What is the maturity period of Treasury Bills issued by Government of India? (5) None of these (1) 14 days and 84 days (2) 182 days and 364 days Q.115. National Food Security Mission was launched in the year ___. (3) 18 days and 36 days (4) 91, 182 & 364 days (1) 2005-06 (2) 2006-07 (3) 2007-08 (4) 2008-09 (5) None of these (5) None of these Q.116. Which is a legal tender in a modern economy amongst the following ? Q.101. Many a times Government raises additional resources through taxation & allocation of expenditure (1) Currency notes (2) Cheques (3) Bank Draft as per its requirements. It is known as ------(4) Promissory notes (5) None of these (1) Credit Policy (2) Fiscal Policy (3) Monetary policy Q.117. Which of the following doesn't relates with banking or finance ? (4) Taxation Policy (5) None of these (1) Devaluation (2) Hundis (3) Flare (4) Gearing (5) None of these Q.102. In which year did second phase of nationalization of banks took place? Q.118. ESOP means - (1) 1969 (2) 1979 (3) 1980 (4) 1990 (5) None of these (1) Employee stock option play (2) Employee shair object plan Q.103. SLR is maintained by banks on which of the following – (3) Employee stock option plan (4) Enter shair object plan (1) Demand and Time Deposits (2) Net Demand and Time Deposits (5) All of these (3) Demand and Time Liabilities (4) Net Demand and Time Liabilities Q.119. Which of the following is not a characteristics of Fiat money? (5) None of these (1) Fiat money is created and issued by the state Q.104. What is the base year for new series of IIP (Index of Industrial Production) ? (2) Fiat money is inconvertible by law (1) 1993-94 (2) 1994-95 (3) 2003-2004 (4) 2002-2003 (5) 2004-2005 (3) Its value as a commodity is as great as its value as money Q.105. Which of the following is not an objective of fiscal policy of Government of India ? (4) It is a legal tender (1) Price Stability (2) Full Employment (5) None of these (3) Equal distribution of Income and Wealth (4) Regulation of Inter State Trade Q.120. A banking system where all operations are confined to a single office is known as _____. (5) None of these (1) Unit Banking (2) Group Banking (3) Chain Banking Q.106. Increase in Fiscal Deficit leads to ______. (4) Branch Banking (5) None of these (1) No change in BOP (2) Increase in Balance of Payments Q.121. Which of the following is not a Financial/Economic term? (3) Reduction in Balance of Payments (4) 1 and 2 (1) Marginal Utility (2) Dumping (3) Pipette (5) None of these (4) Break Even Point (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.122. What is the full form of FIMMDA? Q.134. Which of the following is not a component of bank deposits ? (1) Fined Income More Money Derivatives Authority (1) Fixed deposits (2) Current A/C deposits (3) Recurring deposits (2) Fixed Income Measuring Money Dumping Association (4) Safe deposits (5) None of these (3) Fixed Income Money Market and Derivatives Association Q.135. The new issue market is connected with ______. (4) Fixed Initial Money Market Development Authority (1) New issue of treasury bills (2) New issue of currency notes (5) None of these (3) Issue of IPO (4) All of above Q.123. An organisation which pools money from investors & invests in stock, bonds, shares is called ______. (5) None of these (1) Bancassurance (2) A Bank (3) Insurance company Q.136. Which of the following is a new instruments permitted by RBI to bank under Tier II for Capital adequacy purposes and what is its minimum maturity period ? (4) Mutual Fund (5) None of these (1) Innovative perpetual debt instrument, 10 years Q.124. Which of the following term in related with Economy? (2) Non-redeemable Cumulative Capital Instrument, 10 years (1) Absolute Zero (2) Amplitude (3) Soft patch (4) Buoyancy (5) None of these (3) Perpetual preference shares, 15 years Q.125. Which of amongst the following is not the aim of Debt Management? (4) Redeemable preference shares, 15 years. (1) Stabilizing prices (2) Social service fund (5) None of these (3) Proper timing & issuing of government bonds (4) Cost effective services Q.137. Which of the following interest rates are not fixed by RBI and left to the discretion of the Bank (5) None of these concerned ? Q.126. When RBI wants to reduce liquidity in the banking system- (A) Saving Bank deposits (B) DRI Advances (A) It increases the CRR (C) Ceilling rates on FCNR/NRE deposit accounts (D) Ceiling rates on export credit facilities (B) It increases the SLR (1) A and D (2) A and C (3) Only A (4) Only D (5) None of these (C) It increases the Repo Rate Q.138. Which of the following liabilities is not taken as part of Time and demand liabilities for the purpose of (1) Only A (2) Only B (3) Only C (4) All A, B and C (5) None of these CRR ? Q.127. Negotiated Dealing System Relates to _____. (1) Fixed deposits (2) Saving bank account (3) Recurring deposits (A) Trading at stock markets (4) Paid-up capital (5) None of these (B) Settlement of secuirty dealings Q.139. Credit creation capacity of commercial banks is determined by : (C) Trading in government securities (A) Cash withdrawls from the banking system by the public (1) Only A (2) Only B (3) Only C (4) All A, B and C (5) None of these (B) Cash reserve ratio to be maintained by Commercial banks Q.128. The Base rate of each bank is to be reviewed after every______. (C) Supply of currency notes by the central bank (1) Quarter (2) Month (3) Year (4) Week (5) Day (D) Willingness of the borrowers to take loans from commercial banks. Q.129. Gross Domestic Product is a measure of______. (1) A, C and D (2) B, C and D (3) A, B and D (4) A, B and C (5) None of these (1) a country's internal trade relation (2) a country's domestic economic activities Q.140. Money supply in India can be increased if_____ (3) a country's financial position (4) a country's foreign trade relation (A) RBI puts more paper money for circulation (5) None of these (B) The commercial banks expand their credit operations Q.130. In which of the following years, the concept of Micro Finance launched ? (C) The Central Government gives more grants to the states (1) 1982 (2) 1992 (3) 2002 (4) 1972 (5) None of these (D) The Government of India borrows from the RBI Q.131. The network for common data communication for Banks and Financial Institutions launched by RBI (1) A, B and C (2) B, C and D (3) A, C and D (4) A, B and D (5) None of these is______Q.141. What is meant by a Scheduled Bank ? (1) INTERNET (2) INFINET (3) SWIFT (4) BANKNET (5) None of these (1) A Bank functioning under provisions of Banking Regulation Act. 1949 Q.132. If a loan is repaid by a cheque, ____. (2) A Bank included in 2nd schedule of RBI Act 1934 (1) Total bank reserves in the system decreases. (2) Total bank reserves are not affected. (3) A Bank incorporated under Banking Companies Act. 1956 (3) Increase in total bank reserves in the system. (4) 1 and 3 both (4) A Bank authorised to do Banking functions (5) None of these (5) None of these Q.133. Consider the following statements about Gold Standard and state which of them are true ? Q.142. Which one of the following is not a Quantitative credit control measure of the Reserve Bank of India ? (A) Gold Standard means there exists a fixed relationship between any two currencies called (1) Bank rate (2) Statutory cash reserve requirement the mint parity. (3) Statutory liquidity ratio (4) Moral Suasion (B) It also means the exchange rate is determined by demand and supply between the gold points. (5) None of these (C) Each nation defines the price of gold in terms of its currency and then stands ready to buy Q.143. Fiscal Deficit concept was introduced in Indian economy by and sell. (1) Amartya sen (2) V. K. R. V. Rao (3) S. Chakravarty (1) Only C (2) Only B (3) All are true (4) Only A (5) None of these (4) Madhu Dandavate (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.122. What is the full form of FIMMDA? Q.134. Which of the following is not a component of bank deposits ? (1) Fined Income More Money Derivatives Authority (1) Fixed deposits (2) Current A/C deposits (3) Recurring deposits (2) Fixed Income Measuring Money Dumping Association (4) Safe deposits (5) None of these (3) Fixed Income Money Market and Derivatives Association Q.135. The new issue market is connected with ______. (4) Fixed Initial Money Market Development Authority (1) New issue of treasury bills (2) New issue of currency notes (5) None of these (3) Issue of IPO (4) All of above Q.123. An organisation which pools money from investors & invests in stock, bonds, shares is called ______. (5) None of these (1) Bancassurance (2) A Bank (3) Insurance company Q.136. Which of the following is a new instruments permitted by RBI to bank under Tier II for Capital adequacy purposes and what is its minimum maturity period ? (4) Mutual Fund (5) None of these (1) Innovative perpetual debt instrument, 10 years Q.124. Which of the following term in related with Economy? (2) Non-redeemable Cumulative Capital Instrument, 10 years (1) Absolute Zero (2) Amplitude (3) Soft patch (4) Buoyancy (5) None of these (3) Perpetual preference shares, 15 years Q.125. Which of amongst the following is not the aim of Debt Management? (4) Redeemable preference shares, 15 years. (1) Stabilizing prices (2) Social service fund (5) None of these (3) Proper timing & issuing of government bonds (4) Cost effective services Q.137. Which of the following interest rates are not fixed by RBI and left to the discretion of the Bank (5) None of these concerned ? Q.126. When RBI wants to reduce liquidity in the banking system- (A) Saving Bank deposits (B) DRI Advances (A) It increases the CRR (C) Ceilling rates on FCNR/NRE deposit accounts (D) Ceiling rates on export credit facilities (B) It increases the SLR (1) A and D (2) A and C (3) Only A (4) Only D (5) None of these (C) It increases the Repo Rate Q.138. Which of the following liabilities is not taken as part of Time and demand liabilities for the purpose of (1) Only A (2) Only B (3) Only C (4) All A, B and C (5) None of these CRR ? Q.127. Negotiated Dealing System Relates to _____. (1) Fixed deposits (2) Saving bank account (3) Recurring deposits (A) Trading at stock markets (4) Paid-up capital (5) None of these (B) Settlement of secuirty dealings Q.139. Credit creation capacity of commercial banks is determined by : (C) Trading in government securities (A) Cash withdrawls from the banking system by the public (1) Only A (2) Only B (3) Only C (4) All A, B and C (5) None of these (B) Cash reserve ratio to be maintained by Commercial banks Q.128. The Base rate of each bank is to be reviewed after every______. (C) Supply of currency notes by the central bank (1) Quarter (2) Month (3) Year (4) Week (5) Day (D) Willingness of the borrowers to take loans from commercial banks. Q.129. Gross Domestic Product is a measure of______. (1) A, C and D (2) B, C and D (3) A, B and D (4) A, B and C (5) None of these (1) a country's internal trade relation (2) a country's domestic economic activities Q.140. Money supply in India can be increased if_____ (3) a country's financial position (4) a country's foreign trade relation (A) RBI puts more paper money for circulation (5) None of these (B) The commercial banks expand their credit operations Q.130. In which of the following years, the concept of Micro Finance launched ? (C) The Central Government gives more grants to the states (1) 1982 (2) 1992 (3) 2002 (4) 1972 (5) None of these (D) The Government of India borrows from the RBI Q.131. The network for common data communication for Banks and Financial Institutions launched by RBI (1) A, B and C (2) B, C and D (3) A, C and D (4) A, B and D (5) None of these is______Q.141. What is meant by a Scheduled Bank ? (1) INTERNET (2) INFINET (3) SWIFT (4) BANKNET (5) None of these (1) A Bank functioning under provisions of Banking Regulation Act. 1949 Q.132. If a loan is repaid by a cheque, ____. (2) A Bank included in 2nd schedule of RBI Act 1934 (1) Total bank reserves in the system decreases. (2) Total bank reserves are not affected. (3) A Bank incorporated under Banking Companies Act. 1956 (3) Increase in total bank reserves in the system. (4) 1 and 3 both (4) A Bank authorised to do Banking functions (5) None of these (5) None of these Q.133. Consider the following statements about Gold Standard and state which of them are true ? Q.142. Which one of the following is not a Quantitative credit control measure of the Reserve Bank of India ? (A) Gold Standard means there exists a fixed relationship between any two currencies called (1) Bank rate (2) Statutory cash reserve requirement the mint parity. (3) Statutory liquidity ratio (4) Moral Suasion (B) It also means the exchange rate is determined by demand and supply between the gold points. (5) None of these (C) Each nation defines the price of gold in terms of its currency and then stands ready to buy Q.143. Fiscal Deficit concept was introduced in Indian economy by and sell. (1) Amartya sen (2) V. K. R. V. Rao (3) S. Chakravarty (1) Only C (2) Only B (3) All are true (4) Only A (5) None of these (4) Madhu Dandavate (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.144. Consider the following statements regarding Special Drawing Rights (SDR)- Q.156. Which of the following is not a direct tax ? (A) SDR is known as the paper gold (1) Estate duty (2) Sales Tax (3) Wealth Tax (4) Corporation Tax (5) None of these (B) It is an international unit of account Q.157. Which of the following schedules of Indian constitution includes Banking ? (C) The IMF pays no interest on all holdings of SDRs, kept in the special drawing account (1) 8th (2) 7th (3) 5th (4) 6th (5) None of these (D) The Quotas of all currencies in the IMF General account are also valued in terms of the Q.158. 'Open Market operation' is a part of ______SDR (1) Labour Policy (2) Fiscal Policy (3) Monetary and Credit Policy (1) A, B and C (2) B, C and D (3) A, B and D (4) A, C and D (5) None of these (4) Income Policy (5) None of these Q.145. Consider the following statement and state which among those is/are correct ? Q.159. What is a soft currency ? Regional rural banks in India___ (1) A currency whose exchange rate has a tendency to fluctuate (A) Are required to assist the weaker sections (2) A currency which can be easily used for settling any International transactions. (B) Are to help small and marginal farmers only (3) A currency which can not be used for settling international transactions because it does (C) Have free access to liberal financial assistance from NABARD not command a value in the international market (D) Have a limited area of operation (4) A currency which is available by way of soft loans from international agencies (1) A, C and D (2) Only B (3) B and C (4) A and D (5) None of these (5) None of these Q.146. In deficit financing, the government borrows money from _____. Q.160. Which of the following is not a Banking/ Economy Term ? (1) RBI (2) Public (3) IMF (4) Capitalists (5) None of these (1) Factoring (2) Blue Chip (3) Insider Trading Q.147. CSO was established in the year ______. (4) Capital gain (5) Digital Signature (1) 1952 (2) 1957 (3) 1954 (4) 1951 (5) None of these Q.161. Which one of the following sources is not considered as a source of Government revenue ? Q.148. On the recommendation of which committee Rail Budget was seperated from General Budget in (1) Taxes (2) Surplus of Public Enterprises 1924 ? (3) Mobilisation of internal loan and deposits (4) Transfer Payments (1) Acworth Committee (2) Hilton Young Committee (5) None of these (3) Patnayak Economy Committee (4) Brettenwood Committee Q.162. As we know that Reserve Bank of India changes the CRR. Which of the following statement is (5) None of these correct in this regard ? Q.149. Treasury bills also called as T- bills are the part of ____. (A) Reduction in CRR increases the liquidity position within Indian banks. (1) Unorganized Market (2) Capital Market (3) Money Market (B) Decrease in CRR decreases lending capacity of banks. (4) Commodities Market (5) None of these (C) Increase in CRR does not affect the liquidity position. Q.150. Planned expenditure in India is made from ______. (1) Only A (2) A and C (3) Only C (4) Only B (5) None of these (1) Internal debt and other resources (2) Assistance from IMF Q.163. Discount and Finance House of India Limited was set up by RBI in______(3) Assistance from ADB (4) 1, 2 and 3 (1) 1988 (2) 1989 (3) 1987 (4) 1990 (5) None of these (5) None of these Q.164. The relationship between a banker and a customer is ______Q.151. Primary Deficit is obtained by subtracting ____ from fiscal deficit. (1) That of a debtor and a creditor (2) Primarily that of a debtor and a creditor (1) Revenue Deficit (2) Depreciation (3) Borrowings (3) That of a creditor and a debtor (4) Both 1 and 2 (4) Interest Payment (5) None of these (5) None of these Q.152. In India nationalization of banks took place in how many phases ? Q.165. FCNR accounts can be opened and maintained as ______(1) 3 (2) 2 (3) 4 (4) 1 (5) None of these (1) Savings Bank Account (2) Term Deposit Accounts Q.153. Fixed deposits are for the bank______(3) Recurring Deposits (4) Current Accounts (1) Fixed Assets (2) Time liability (3) Demand liability (5) None of these (4) Current Assets (5) None of these Q.154. Which of the following come under non-plan expenditure ? Q.166. Current Account Deficit on the Balance of payment reflects______(A) Subsidies. (1) Deficit on Trade Account . (B) Interests payments (2) Deficit on Invisibles Account. (C) Defence Expenditure. (3) Deficit on Trade and Invisibles Account. (D) Maintenance expenditure for the infrastructure created in previous plans. (4) Deficit onTrade Invisibles and Capital Account. (1) A and B (2) A and C (3) B and D (4) A B and D (5) None of these (5) None of these Q.155. Which of the following does not come under tertiary sector of the economy ? Q.167. Which one of the following is an example of joint supply ? (A) Trade (B) Industrial Manufacturing (C) Industrial Construction (1) Sugar and Tea (2) Diesel and Bus (3) Ink and Fountain Pen (1) Only B (2) Only C (3) B and C (4) Only A (5) None of these (4) Wool and Mutton (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.144. Consider the following statements regarding Special Drawing Rights (SDR)- Q.156. Which of the following is not a direct tax ? (A) SDR is known as the paper gold (1) Estate duty (2) Sales Tax (3) Wealth Tax (4) Corporation Tax (5) None of these (B) It is an international unit of account Q.157. Which of the following schedules of Indian constitution includes Banking ? (C) The IMF pays no interest on all holdings of SDRs, kept in the special drawing account (1) 8th (2) 7th (3) 5th (4) 6th (5) None of these (D) The Quotas of all currencies in the IMF General account are also valued in terms of the Q.158. 'Open Market operation' is a part of ______SDR (1) Labour Policy (2) Fiscal Policy (3) Monetary and Credit Policy (1) A, B and C (2) B, C and D (3) A, B and D (4) A, C and D (5) None of these (4) Income Policy (5) None of these Q.145. Consider the following statement and state which among those is/are correct ? Q.159. What is a soft currency ? Regional rural banks in India___ (1) A currency whose exchange rate has a tendency to fluctuate (A) Are required to assist the weaker sections (2) A currency which can be easily used for settling any International transactions. (B) Are to help small and marginal farmers only (3) A currency which can not be used for settling international transactions because it does (C) Have free access to liberal financial assistance from NABARD not command a value in the international market (D) Have a limited area of operation (4) A currency which is available by way of soft loans from international agencies (1) A, C and D (2) Only B (3) B and C (4) A and D (5) None of these (5) None of these Q.146. In deficit financing, the government borrows money from _____. Q.160. Which of the following is not a Banking/ Economy Term ? (1) RBI (2) Public (3) IMF (4) Capitalists (5) None of these (1) Factoring (2) Blue Chip (3) Insider Trading Q.147. CSO was established in the year ______. (4) Capital gain (5) Digital Signature (1) 1952 (2) 1957 (3) 1954 (4) 1951 (5) None of these Q.161. Which one of the following sources is not considered as a source of Government revenue ? Q.148. On the recommendation of which committee Rail Budget was seperated from General Budget in (1) Taxes (2) Surplus of Public Enterprises 1924 ? (3) Mobilisation of internal loan and deposits (4) Transfer Payments (1) Acworth Committee (2) Hilton Young Committee (5) None of these (3) Patnayak Economy Committee (4) Brettenwood Committee Q.162. As we know that Reserve Bank of India changes the CRR. Which of the following statement is (5) None of these correct in this regard ? Q.149. Treasury bills also called as T- bills are the part of ____. (A) Reduction in CRR increases the liquidity position within Indian banks. (1) Unorganized Market (2) Capital Market (3) Money Market (B) Decrease in CRR decreases lending capacity of banks. (4) Commodities Market (5) None of these (C) Increase in CRR does not affect the liquidity position. Q.150. Planned expenditure in India is made from ______. (1) Only A (2) A and C (3) Only C (4) Only B (5) None of these (1) Internal debt and other resources (2) Assistance from IMF Q.163. Discount and Finance House of India Limited was set up by RBI in______(3) Assistance from ADB (4) 1, 2 and 3 (1) 1988 (2) 1989 (3) 1987 (4) 1990 (5) None of these (5) None of these Q.164. The relationship between a banker and a customer is ______Q.151. Primary Deficit is obtained by subtracting ____ from fiscal deficit. (1) That of a debtor and a creditor (2) Primarily that of a debtor and a creditor (1) Revenue Deficit (2) Depreciation (3) Borrowings (3) That of a creditor and a debtor (4) Both 1 and 2 (4) Interest Payment (5) None of these (5) None of these Q.152. In India nationalization of banks took place in how many phases ? Q.165. FCNR accounts can be opened and maintained as ______(1) 3 (2) 2 (3) 4 (4) 1 (5) None of these (1) Savings Bank Account (2) Term Deposit Accounts Q.153. Fixed deposits are for the bank______(3) Recurring Deposits (4) Current Accounts (1) Fixed Assets (2) Time liability (3) Demand liability (5) None of these (4) Current Assets (5) None of these Q.154. Which of the following come under non-plan expenditure ? Q.166. Current Account Deficit on the Balance of payment reflects______(A) Subsidies. (1) Deficit on Trade Account . (B) Interests payments (2) Deficit on Invisibles Account. (C) Defence Expenditure. (3) Deficit on Trade and Invisibles Account. (D) Maintenance expenditure for the infrastructure created in previous plans. (4) Deficit onTrade Invisibles and Capital Account. (1) A and B (2) A and C (3) B and D (4) A B and D (5) None of these (5) None of these Q.155. Which of the following does not come under tertiary sector of the economy ? Q.167. Which one of the following is an example of joint supply ? (A) Trade (B) Industrial Manufacturing (C) Industrial Construction (1) Sugar and Tea (2) Diesel and Bus (3) Ink and Fountain Pen (1) Only B (2) Only C (3) B and C (4) Only A (5) None of these (4) Wool and Mutton (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.168. Consider the following statements regarding loan syndication and state which among those are Q.179. Which of the following sets of sources of revenue belongs to the Union Government alone ? true? (1) Gift Tax, Holding Tax (2) Sales Tax, Income Tax (A) More than one debtors applying for a loan to one creditor. (3) Customs Duties, Corporation Tax (4) Wealth Tax, Land Revenue (B) More than one creditors coming together to provide single loan. (5) None of these (C) More than one creditors coming toghter to provide multiple loans. Q.180. The Government of India passed the "Recovery of Debts Due to Banks and Financial Institutions (1) A and B (2) only C (3) only B (4) A and C (5) None of these Act" in ______. Q.169. A 'closed economy is an economy in which …………… (1) 1993 (2) 1992 (3) 1994 (4) 1990 (5) None of these (1) The deficit financing takes place Q.181. Who among the following acts as agent of Government of India in respect of her membership of (2) Only exports takes place IMF? (3) Neither exports nor imports takes place (1) Ministry of Finance (2) Reserve Bank of India (3) SEBI (4) The money supply is full (4) NABARD (5) None of these (5) None of these Q.182. Index "Residex" is associated with______. Q.170. If RBI adopts an expansionist open market operations policy, this means that it will…………. (1) Share Prices (2) Mutual Fund Prices (3) Prices Inflation Index (1) offer commercial banks more credit in open market (4) Land Prices (5) None of these (2) sell securities in the open market Q.183. The 'Dolex' Indicator is related to which of the following Financial Markets ? (3) openly announce to the market that it intends to expand credit. (1) New York (2) Mumbai (3) Tokyo (4) Hong Kong (5) None of these (4) buy securities from non- government holders Q.184. Industrial exit policy means _____. (5) None of these Q.171. Moral Suasion is the instrument of …………… (1) Forcing foreign companies to leave India. (1) Trade Policy (2) Fiscal Policy (3) Budget (2) Forcing business units to move out of congested localities. (4) Monetary Policy (5) None of these (3) Allowing manufactures to shift their line products. Q.172. If an Indian Citizen renting a flat in London it is to be included in ………. (4) Allowing business units to close down. (1) GDP of India (2) GNP of London (3) GNP of India (5) None of these (4) GDP of London (5) None of these Q.185. All commercial banks demand deposit liabilities may decrease as a result of _____. Q.173. Parallel economy emerges due to ………….. (1) An inflow of cash (2) A decrease in loans (1) Tax Avoidance (2) Tax Evasion (3) Tax Compliance (3) An increase in security holdings (4) The chasing of a cheque by an individual or a firm. (4) Tax Estimation (5) None of these (5) None of these Q.174. The type of note issue system followed in India is ……… Q.186. Which of the following is not a component of foreign aid of a country ? (1) Proportional Fiduciary System (2) Fixed Fiduciary System (1) Bilateral grant (2) Multilateral grant (3) Minimum Reserve System (4) Minimum Fiduciary System (3) Loans from international financial institutions (4) Commercial borrowing (5) None of these (5) None of these Q.175. Government securities are considered liquid because they are ………. Q.187. Which of the following represents priority sector lending by commercial banks in India ? (1) Backed by the government treasury . (A) Lending to heavy industries. (2) Convertible into the other types of saving deposits (B) Lending to foreign companies. (3) Stable in value (C) Lending to agriculture, small scale industries and the weeker sections of the society. (4) Quickly & easily Marketable (1) A and B (2) Only C (3) A, B and C (4) A and C (5) None of these (5) None of these Q.176. Who formulates the Monetary policy in India ? Q.188. In the post-liberalization period, the share of direct taxes in gross tax revenue in India has ______. (1) Planning commission (2) Finance ministry (3) RBI (1) Increased (2) Decreased (4) SEBI (5) None of these (3) First increased and then decreased (4) Remained the same Q.177. The Tax on import and export is known as____. (1) Income Tax (2) Trade Tax (3) Custom Duty (5) None of these (4) Excise Duty (5) None of these Q.189. If the government chooses to spend money freshly printed by the RBI against government securities,it should be kept in which among the following? Q.178. The Integrated Action plan recently approved by the Government of India is related with ____. (1) Fiscal adjustment (2) Retrenchment (3) Mandatory Spending (1) Natural disaster (2) Inflation (3) Terrorism (4) Naxalism (5) None of these (4) Deficit Financing (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.168. Consider the following statements regarding loan syndication and state which among those are Q.179. Which of the following sets of sources of revenue belongs to the Union Government alone ? true? (1) Gift Tax, Holding Tax (2) Sales Tax, Income Tax (A) More than one debtors applying for a loan to one creditor. (3) Customs Duties, Corporation Tax (4) Wealth Tax, Land Revenue (B) More than one creditors coming together to provide single loan. (5) None of these (C) More than one creditors coming toghter to provide multiple loans. Q.180. The Government of India passed the "Recovery of Debts Due to Banks and Financial Institutions (1) A and B (2) only C (3) only B (4) A and C (5) None of these Act" in ______. Q.169. A 'closed economy is an economy in which …………… (1) 1993 (2) 1992 (3) 1994 (4) 1990 (5) None of these (1) The deficit financing takes place Q.181. Who among the following acts as agent of Government of India in respect of her membership of (2) Only exports takes place IMF? (3) Neither exports nor imports takes place (1) Ministry of Finance (2) Reserve Bank of India (3) SEBI (4) The money supply is full (4) NABARD (5) None of these (5) None of these Q.182. Index "Residex" is associated with______. Q.170. If RBI adopts an expansionist open market operations policy, this means that it will…………. (1) Share Prices (2) Mutual Fund Prices (3) Prices Inflation Index (1) offer commercial banks more credit in open market (4) Land Prices (5) None of these (2) sell securities in the open market Q.183. The 'Dolex' Indicator is related to which of the following Financial Markets ? (3) openly announce to the market that it intends to expand credit. (1) New York (2) Mumbai (3) Tokyo (4) Hong Kong (5) None of these (4) buy securities from non- government holders Q.184. Industrial exit policy means _____. (5) None of these Q.171. Moral Suasion is the instrument of …………… (1) Forcing foreign companies to leave India. (1) Trade Policy (2) Fiscal Policy (3) Budget (2) Forcing business units to move out of congested localities. (4) Monetary Policy (5) None of these (3) Allowing manufactures to shift their line products. Q.172. If an Indian Citizen renting a flat in London it is to be included in ………. (4) Allowing business units to close down. (1) GDP of India (2) GNP of London (3) GNP of India (5) None of these (4) GDP of London (5) None of these Q.185. All commercial banks demand deposit liabilities may decrease as a result of _____. Q.173. Parallel economy emerges due to ………….. (1) An inflow of cash (2) A decrease in loans (1) Tax Avoidance (2) Tax Evasion (3) Tax Compliance (3) An increase in security holdings (4) The chasing of a cheque by an individual or a firm. (4) Tax Estimation (5) None of these (5) None of these Q.174. The type of note issue system followed in India is ……… Q.186. Which of the following is not a component of foreign aid of a country ? (1) Proportional Fiduciary System (2) Fixed Fiduciary System (1) Bilateral grant (2) Multilateral grant (3) Minimum Reserve System (4) Minimum Fiduciary System (3) Loans from international financial institutions (4) Commercial borrowing (5) None of these (5) None of these Q.175. Government securities are considered liquid because they are ………. Q.187. Which of the following represents priority sector lending by commercial banks in India ? (1) Backed by the government treasury . (A) Lending to heavy industries. (2) Convertible into the other types of saving deposits (B) Lending to foreign companies. (3) Stable in value (C) Lending to agriculture, small scale industries and the weeker sections of the society. (4) Quickly & easily Marketable (1) A and B (2) Only C (3) A, B and C (4) A and C (5) None of these (5) None of these Q.176. Who formulates the Monetary policy in India ? Q.188. In the post-liberalization period, the share of direct taxes in gross tax revenue in India has ______. (1) Planning commission (2) Finance ministry (3) RBI (1) Increased (2) Decreased (4) SEBI (5) None of these (3) First increased and then decreased (4) Remained the same Q.177. The Tax on import and export is known as____. (1) Income Tax (2) Trade Tax (3) Custom Duty (5) None of these (4) Excise Duty (5) None of these Q.189. If the government chooses to spend money freshly printed by the RBI against government securities,it should be kept in which among the following? Q.178. The Integrated Action plan recently approved by the Government of India is related with ____. (1) Fiscal adjustment (2) Retrenchment (3) Mandatory Spending (1) Natural disaster (2) Inflation (3) Terrorism (4) Naxalism (5) None of these (4) Deficit Financing (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.190. Which of the following defines letter of credit ? Q.201. Legal Tender Money is____ (1) A contractual agreement made between different parties to compensate for any damages or losses. (1) Accepted only by the Government (2) It is a letter from a bank, guaranteeing that a buyer’s payment to a seller will be received (2) Accepted by the people and the Government as per the law on time and for the correct amount. (3) Not accepted for business purposes by the law (3) A solemn promise or agreement to do or refrain from doing something. (4) Not accepted by the government (4) A security interest on real property grant to a lender. (5) None of these (5) None of these Q.191. Which of the following term is related to Banking/ Finance ? Q.202. Stock exchange securities do not include ______(1) Acne (2) Ativan (3) Empire (4) Paradox (5) Encryption (1) Debentures of companies (2) Small debentures issued by port trusts Q.192. The Global Hunger Index is compiled by the ...... (3) Government promissory note (4) Participation certificates (1) Food and Agricultural Organisation (5) None of these (2) United Nations Development Programme Q.203. Which of the following is not commercial bank ? (3) International Food Policy Research Institute (1) Foreign Banks (2) Private Banks (3) RBI (4) United Nations World Food Programme (4) Regional Rural Banks (5) None of these (5) None of these Q.193. Which of the following is shown on Liabilities side of a bank’s balance sheet ? Q.204. A non - negotiable crossing is a _____ (1) Reserve fund (2) Loans & advances (3) Bills discounted (1) Restricted crossing (2) Special crossing (3) Non- transferable crossing (4) Bills for collection (5) None of these (4) Parallel crossing (5) None of these Q.194. The commercial bank do not have unlimited power of credit creation. Their power to create credit is Q.205. Which of the following statements are true about Working Capital ? limited due to - (A) Working Capital is a financial metric which represents operating liquidity available to a (1) Amount of cash received by the bank (2) Banking habits of the people business, organization, or other entity, including government entity. (3) Leakages in credit creation (4) 1 and 3 (B) Net working capital is calculated as current assets minus current liabilities (5) None of these (C) The management of Working Capital involves managing inventories, accounts receivable Q.195. A type of cheque which is more than six months old is a - and payable, and cash. (1) Mutilated cheque (2) Crossed cheque (3) Stale cheque (1) Only A (2) Only B (3) Only C (4) All are true (5) None of these (4) Post-dated cheque (5) None of these Q.196. Cash Deposit Ratio means ____ Q.206. Floating Exchange Rate is also referred to as______(1) The percentage of total cash money received as deposits by banks (1) Real Exchange Rate (2) Controlled Exchange Rate (2) The percentage of cash in hand balance with central bank to the aggregate deposits (3) Fixed Exchange Rate (4) Flexible Exchange Rate (3) The percentage of cash in hand with amount of loan given to customer (5) None of these (4) The percentage of assets to liabilities of bank Q.207. Which of the following Negotiable Instruments can be crossed to the banks ? (5) None of these (1) Cheques (2) Bills of Exchange (3) Drafts Q.197. How many food parks do the government aims to set up across the country in 12th plan ? (4) All of above (5) None of these (1) 50 (2) 30 (3) 20 (4) 40 (5) None of these Q.208. Certificates of Deposits can be issued for a minimum period of______Q.198. The main function of Central Statistical Organisation is ____ (1) To determine the money supply (2) To determine prices (1) 1 year (2) 6 months (3) 4 months (4) 3 months (5) 45 days (3) To publish national income estimates (4) To collect employment details Q.209. When does the central Bank increase the minimum statutory cash reserve ratio of the commercial (5) None of these banks ? Q.199. Which amongst the following promoted the concept of self help groups (SHGs) for financing the poor ? (1) When the economy is in deflationary condition (1) RBI (2) Union Ministry of labour (2) When the central Bank aims credit expansion (3) NABARD (4) Union Ministry of Rural development (3) When the economy is in recession (5) None of these (4) 1, 2 and 3 Q.200. Human Capital refers to _____ (5) None of these (A) The attributes gained by worker through education and experience Q.210. Which one of the following represents capital adequacy ratio for commercial banks ? (B) Skill, capacity and ability possessed by the population (1) Ratio of capital to risk-weighted assets (2) Ratio of capital to advances (C) Material capital possessed by the human beings (D) Population of the country (3) Ratio of capital to short-term deposits (4) Ratio of capital to non-performing assets (1) A and B (2) B and C (3) A and C (4) B and D (5) All are true (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.190. Which of the following defines letter of credit ? Q.201. Legal Tender Money is____ (1) A contractual agreement made between different parties to compensate for any damages or losses. (1) Accepted only by the Government (2) It is a letter from a bank, guaranteeing that a buyer’s payment to a seller will be received (2) Accepted by the people and the Government as per the law on time and for the correct amount. (3) Not accepted for business purposes by the law (3) A solemn promise or agreement to do or refrain from doing something. (4) Not accepted by the government (4) A security interest on real property grant to a lender. (5) None of these (5) None of these Q.191. Which of the following term is related to Banking/ Finance ? Q.202. Stock exchange securities do not include ______(1) Acne (2) Ativan (3) Empire (4) Paradox (5) Encryption (1) Debentures of companies (2) Small debentures issued by port trusts Q.192. The Global Hunger Index is compiled by the ...... (3) Government promissory note (4) Participation certificates (1) Food and Agricultural Organisation (5) None of these (2) United Nations Development Programme Q.203. Which of the following is not commercial bank ? (3) International Food Policy Research Institute (1) Foreign Banks (2) Private Banks (3) RBI (4) United Nations World Food Programme (4) Regional Rural Banks (5) None of these (5) None of these Q.193. Which of the following is shown on Liabilities side of a bank’s balance sheet ? Q.204. A non - negotiable crossing is a _____ (1) Reserve fund (2) Loans & advances (3) Bills discounted (1) Restricted crossing (2) Special crossing (3) Non- transferable crossing (4) Bills for collection (5) None of these (4) Parallel crossing (5) None of these Q.194. The commercial bank do not have unlimited power of credit creation. Their power to create credit is Q.205. Which of the following statements are true about Working Capital ? limited due to - (A) Working Capital is a financial metric which represents operating liquidity available to a (1) Amount of cash received by the bank (2) Banking habits of the people business, organization, or other entity, including government entity. (3) Leakages in credit creation (4) 1 and 3 (B) Net working capital is calculated as current assets minus current liabilities (5) None of these (C) The management of Working Capital involves managing inventories, accounts receivable Q.195. A type of cheque which is more than six months old is a - and payable, and cash. (1) Mutilated cheque (2) Crossed cheque (3) Stale cheque (1) Only A (2) Only B (3) Only C (4) All are true (5) None of these (4) Post-dated cheque (5) None of these Q.196. Cash Deposit Ratio means ____ Q.206. Floating Exchange Rate is also referred to as______(1) The percentage of total cash money received as deposits by banks (1) Real Exchange Rate (2) Controlled Exchange Rate (2) The percentage of cash in hand balance with central bank to the aggregate deposits (3) Fixed Exchange Rate (4) Flexible Exchange Rate (3) The percentage of cash in hand with amount of loan given to customer (5) None of these (4) The percentage of assets to liabilities of bank Q.207. Which of the following Negotiable Instruments can be crossed to the banks ? (5) None of these (1) Cheques (2) Bills of Exchange (3) Drafts Q.197. How many food parks do the government aims to set up across the country in 12th plan ? (4) All of above (5) None of these (1) 50 (2) 30 (3) 20 (4) 40 (5) None of these Q.208. Certificates of Deposits can be issued for a minimum period of______Q.198. The main function of Central Statistical Organisation is ____ (1) To determine the money supply (2) To determine prices (1) 1 year (2) 6 months (3) 4 months (4) 3 months (5) 45 days (3) To publish national income estimates (4) To collect employment details Q.209. When does the central Bank increase the minimum statutory cash reserve ratio of the commercial (5) None of these banks ? Q.199. Which amongst the following promoted the concept of self help groups (SHGs) for financing the poor ? (1) When the economy is in deflationary condition (1) RBI (2) Union Ministry of labour (2) When the central Bank aims credit expansion (3) NABARD (4) Union Ministry of Rural development (3) When the economy is in recession (5) None of these (4) 1, 2 and 3 Q.200. Human Capital refers to _____ (5) None of these (A) The attributes gained by worker through education and experience Q.210. Which one of the following represents capital adequacy ratio for commercial banks ? (B) Skill, capacity and ability possessed by the population (1) Ratio of capital to risk-weighted assets (2) Ratio of capital to advances (C) Material capital possessed by the human beings (D) Population of the country (3) Ratio of capital to short-term deposits (4) Ratio of capital to non-performing assets (1) A and B (2) B and C (3) A and C (4) B and D (5) All are true (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.211. Near Money is defined as an______Q.221. The Reserve Bank of India has been intervening in foreign exchange market of India and buying (1) Asset which is not usable as a medium of exchange but has as store of value. dollors to ___. (2) Asset that serves as a temporary medium of exchange and has a store of value. (A) Check enhanced liquidity in the monetary system (B) Build - up foreign exchange reserves for debt servicing and debt repayment. (3) Asset which adequately fulfill Store of value function and is readily convertible into a medium of exchange but is not itself a medium of exchange. (C) Prevent the rupee strenthening further there by acting as disincentive to export growth. (4) Asset which has a store of value & 100% liquidity (1) Only A (2) A and B (3) Only C (5) None of these (4) A and C (5) None of these Q.212. Foreign Exchange Rates in India are determined by______Q.222. Non-Performing assets of commercial banks means their loans _____. (1) RBI (2) SEBI (3) Planning Commission (1) Fetching very low rate of Interests. (2) For which interest/instalment has remained unpaid after due date. (4) Market Forces of demand/supply (5) None of these (3) Given to sick industrial units . Q.213. Which of the following term is used in banking ? (4) Have not been disbursed at all . (1) Listing (2) Open Market Operations (5) None of these (3) Settlement Day (4) Stock Q.223. Which of the following is not the feature of Real Time Gross Settlement (RTGS) ? (5) None of these (1) Payments are settled transaction by transaction Q.214. Which amongst the following banks used Tiny Cards with biometric identification as a part of the financial inclusion ? (2) Settlement of funds is revocable. (1) SBI (2) PNB (3) ICICI (4) Axis (5) HDFC (3) Settlement is done in real time. (4) It is a fully secured system which uses digital signatures and public key encryption for Q.215. Treasury bills are sold in India by- safe and secure message transmission. (1) SEBI (2) State Government (3) RBI (5) None of these (4) Commercial Banks (5) None of these Q.224. The definition of 'Banking' is given in _____. Q.216. Which of the following assets are considered as near money ? (1) Negotiable Instrument Act. 1881. (2) RBI Act, 1934 (1) Bond (2) Equity Shares (3) Time deposits (3) The Banking Regulation Act, 1949 (4) The Indian Contract Act, 1872 (4) Traveller's cheques (5) All of above (5) None of these Q.217. Forced saving refers to____ Q.225. In the case of FCNR Accounts the payment of Interest is effected in _____. (1) Taxes on individual income & wealth (1) Indian Rupee (2) Only in pound (2) Compulsory deposits imposed on income tax payers (3) Same currency in which deposit stands. (4) Yen (3) Provident fund contributions of private sector employees (5) None of these (4) Reduction of consumption consequent to a rise in prices Q.226. The commercial paper is issued to raise deposits by _____. (5) None of these (1) Commercial Banks (2) Reserve Bank of India Q.218. Which of the following would reduce the credit creation capacity of a commercial bank ? (3) Every Non-Banking company (4) State Bank of India (1) Time & Demand deposits (2) Loans (3) Cash in hand (5) None of these (4) 1 & 2 (5) All of 1, 2 and 3 Q.227. The Methods of credit control used by the RBI can be divided into ______. Q.219. Which of the following does not form a part of the foreign exchange reserves of India ? (1) Long-term and short term (2) Rural and Urban (1) Foreign currency & securities held by the banks & corporate bodies (3) Qualitative and Quantitative (4) Monetary and Fiscal (2) Gold (5) None of these (3) SDR Q.228. Increase in Bank rate is generally followed by ____. (4) Foreign currency assets (1) An increase in market rates of interest (5) None of these (2) A fall in market rates of interest Q.220. Gains in trade results from__ (3) A rise only in the deposit rates but not the lending rates. (1) Exporting as much as possible and receiving gold. (4) A rise only in the base rates (2) Reallocation of existing goods between the two countries. (5) None of these (3) The fact that exchange brings both specialization & reallocation of greater output & the Q.229. Which one of the following banks creates credit ? increased welfare in each country (1) Reserve Bank of India (2) Commercial Bank (4) One country receiving both imports & exports (3) Industrial Banks (4) Land Mortgage Banks (5) None of these (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.211. Near Money is defined as an______Q.221. The Reserve Bank of India has been intervening in foreign exchange market of India and buying (1) Asset which is not usable as a medium of exchange but has as store of value. dollors to ___. (2) Asset that serves as a temporary medium of exchange and has a store of value. (A) Check enhanced liquidity in the monetary system (B) Build - up foreign exchange reserves for debt servicing and debt repayment. (3) Asset which adequately fulfill Store of value function and is readily convertible into a medium of exchange but is not itself a medium of exchange. (C) Prevent the rupee strenthening further there by acting as disincentive to export growth. (4) Asset which has a store of value & 100% liquidity (1) Only A (2) A and B (3) Only C (5) None of these (4) A and C (5) None of these Q.212. Foreign Exchange Rates in India are determined by______Q.222. Non-Performing assets of commercial banks means their loans _____. (1) RBI (2) SEBI (3) Planning Commission (1) Fetching very low rate of Interests. (2) For which interest/instalment has remained unpaid after due date. (4) Market Forces of demand/supply (5) None of these (3) Given to sick industrial units . Q.213. Which of the following term is used in banking ? (4) Have not been disbursed at all . (1) Listing (2) Open Market Operations (5) None of these (3) Settlement Day (4) Stock Q.223. Which of the following is not the feature of Real Time Gross Settlement (RTGS) ? (5) None of these (1) Payments are settled transaction by transaction Q.214. Which amongst the following banks used Tiny Cards with biometric identification as a part of the financial inclusion ? (2) Settlement of funds is revocable. (1) SBI (2) PNB (3) ICICI (4) Axis (5) HDFC (3) Settlement is done in real time. (4) It is a fully secured system which uses digital signatures and public key encryption for Q.215. Treasury bills are sold in India by- safe and secure message transmission. (1) SEBI (2) State Government (3) RBI (5) None of these (4) Commercial Banks (5) None of these Q.224. The definition of 'Banking' is given in _____. Q.216. Which of the following assets are considered as near money ? (1) Negotiable Instrument Act. 1881. (2) RBI Act, 1934 (1) Bond (2) Equity Shares (3) Time deposits (3) The Banking Regulation Act, 1949 (4) The Indian Contract Act, 1872 (4) Traveller's cheques (5) All of above (5) None of these Q.217. Forced saving refers to____ Q.225. In the case of FCNR Accounts the payment of Interest is effected in _____. (1) Taxes on individual income & wealth (1) Indian Rupee (2) Only in pound (2) Compulsory deposits imposed on income tax payers (3) Same currency in which deposit stands. (4) Yen (3) Provident fund contributions of private sector employees (5) None of these (4) Reduction of consumption consequent to a rise in prices Q.226. The commercial paper is issued to raise deposits by _____. (5) None of these (1) Commercial Banks (2) Reserve Bank of India Q.218. Which of the following would reduce the credit creation capacity of a commercial bank ? (3) Every Non-Banking company (4) State Bank of India (1) Time & Demand deposits (2) Loans (3) Cash in hand (5) None of these (4) 1 & 2 (5) All of 1, 2 and 3 Q.227. The Methods of credit control used by the RBI can be divided into ______. Q.219. Which of the following does not form a part of the foreign exchange reserves of India ? (1) Long-term and short term (2) Rural and Urban (1) Foreign currency & securities held by the banks & corporate bodies (3) Qualitative and Quantitative (4) Monetary and Fiscal (2) Gold (5) None of these (3) SDR Q.228. Increase in Bank rate is generally followed by ____. (4) Foreign currency assets (1) An increase in market rates of interest (5) None of these (2) A fall in market rates of interest Q.220. Gains in trade results from__ (3) A rise only in the deposit rates but not the lending rates. (1) Exporting as much as possible and receiving gold. (4) A rise only in the base rates (2) Reallocation of existing goods between the two countries. (5) None of these (3) The fact that exchange brings both specialization & reallocation of greater output & the Q.229. Which one of the following banks creates credit ? increased welfare in each country (1) Reserve Bank of India (2) Commercial Bank (4) One country receiving both imports & exports (3) Industrial Banks (4) Land Mortgage Banks (5) None of these (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.230. Which of the following is the least liquid asset ? Q.242. The State Bank of India was established on the recommendation of _____. (1) Money (2) Shares (3) Machinery (1) Rural Banking Enquiry Committee (2) Shroff Committee (4) Special deposits (5) None of these (3) All India Rural Credit Survey (4) Banking Enquiry Commission Q.231. Which of the following is /are the most important component of the liabilities of Commercial Banks in (5) None of these India ? Q.243. Money Supply as defined by the Reserve Bank of India, M1 includes ___. (A) Demand deposits (1) Currency with the public (B) Time Deposits (2) Currency, demand deposits with Banks and other deposits with RBI (C) Inter-Bank liabilities (3) Currency with the public and time deposits with Banks (1) Only A (2) Only B (3) A and C (4) Currency with the public and deposits with National Savings Organizations (4) All A, B and C (5) None of these (5) None of these Q.232. An increase in foreign exchange assets of Reserve Bank of India will mean_____. Q.244. The most important source of financing the State Government's Gross Fiscal Deficit (GFD) in India

(A) Fall in M1 has been______. (B) Increase in interest rate (1) Loans from financial institutions (2) Loans from provident funds and reserve funds (C) Increase in high powered money (3) Loans from central government (4) Market borrowings (1) Only C (2) A and C (3) Only B (4) Only A (5) None of these (5) None of these Q.233. Which one of the following is not a method of credit control ? Q.245. The system of Ad-hoc Treasury Bills in India was replaced by Ways and Means Advances with effect (1) Bank Rate (2) Credit Deposit Ratio (3) Cash Reserve Ratio from ____. (4) Statutory Liquidity Ratio (5) None of these (1) 1st April , 1997 (2) 1st April , 1996 (3) 1st April , 1998 Q.234. The largest Nationalized Commercial Bank in India at present is ____. (4) 1st April , 1995 (5) None of these (1) Reserve Bank of India (2) State Bank of India Q.246. In the context of liberalization and globalization _____. (3) Central Bank of India (4) Bank of India (A) Planning has no role to play (5) None of these (B) Planning has an indicative role Q.235. Reserve money includes _____. (C) Planning has a role to play in providing safety net for the poor (1) Time deposit with the Banks only (2) Currency with the public and cash with Banks (1) Only A (2) B and C (3) Only B (3) Cash with Banks only (4) Cash with Banks and post office savings bank deposits (4) All A, B and C (5) None of these (5) None of these Q.247. Corporation tax ______. Q.236. Which one of the following is not an objective of fiscal policy ? (1) Is levied and appropriated by the states. (1) Economic growth (2) Economic stability (2) Is levied by the union and collected and appropriated by the states. (3) Maximization of employment level (4) Regulation of financial institutions (3) Is leveid by the union and shared by the union and the states. (5) None of these (4) Is levied by the union and belongs to it exclusively. Q.237. Which of the following is not included in infrastructure in India ? (5) None of these (1) Energy (2) Transport (3) Education Q.248. Which of the following is an example of near money ? (4) Telecommunications (5) None of these (1) Small coins of 50 paise (2) Fiat Money (3) Bank Draft Q.238. The National Agricultural Insurance Scheme was started by the Government of India in _____. (4) Treasury Bills (5) None of these (1) 1990 (2) 1995 (3) 1999 (4) 1997 (5) None of these Q.249. ______is a financial institution which mobilises savings from the people and invests then in a mix Q.239. Interest on national debt is included in ______. of corporate and government securities. (1) GNP (2) NNP (3) Personal Income (1) Commercial Bank (2) Mutual Fund (3) Unit Bank (4) National Income (5) None of these (4) Correspondent Bank (5) None of these Q.240. Which one of the following is not a measure of Globalisation ? Q.250. Which of the following is not a objective of Bank portfolio management ? (1) Reduction in import duties (1) Profitability (2) Liquidity (3) Safety (2) Abolition of import licensing (4) Expansion (5) None of these (3) Allowing free flow of direct foreign investment Q.251. A Bank which controls credit is called _____. (4) Disinvestment of equity in the public sector (1) Unit Bank (2) Central Bank (3) Commercial Bank (5) None of these (4) Correspondent Bank (5) None of these Q.241. Which sector contributes most to the savings in India ? Q.252. When the government imposes physical and monetary controls to check open inflation, It is known (1) Public sector (2) Private corporate sector as ____. (3) Household sector (4) Administrative sector (1) Mark-up Inflation (2) Demand pull Inflation (3) Creeping Inflation (5) None of these (4) Suppressed Inflation (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.230. Which of the following is the least liquid asset ? Q.242. The State Bank of India was established on the recommendation of _____. (1) Money (2) Shares (3) Machinery (1) Rural Banking Enquiry Committee (2) Shroff Committee (4) Special deposits (5) None of these (3) All India Rural Credit Survey (4) Banking Enquiry Commission Q.231. Which of the following is /are the most important component of the liabilities of Commercial Banks in (5) None of these India ? Q.243. Money Supply as defined by the Reserve Bank of India, M1 includes ___. (A) Demand deposits (1) Currency with the public (B) Time Deposits (2) Currency, demand deposits with Banks and other deposits with RBI (C) Inter-Bank liabilities (3) Currency with the public and time deposits with Banks (1) Only A (2) Only B (3) A and C (4) Currency with the public and deposits with National Savings Organizations (4) All A, B and C (5) None of these (5) None of these Q.232. An increase in foreign exchange assets of Reserve Bank of India will mean_____. Q.244. The most important source of financing the State Government's Gross Fiscal Deficit (GFD) in India

(A) Fall in M1 has been______. (B) Increase in interest rate (1) Loans from financial institutions (2) Loans from provident funds and reserve funds (C) Increase in high powered money (3) Loans from central government (4) Market borrowings (1) Only C (2) A and C (3) Only B (4) Only A (5) None of these (5) None of these Q.233. Which one of the following is not a method of credit control ? Q.245. The system of Ad-hoc Treasury Bills in India was replaced by Ways and Means Advances with effect (1) Bank Rate (2) Credit Deposit Ratio (3) Cash Reserve Ratio from ____. (4) Statutory Liquidity Ratio (5) None of these (1) 1st April , 1997 (2) 1st April , 1996 (3) 1st April , 1998 Q.234. The largest Nationalized Commercial Bank in India at present is ____. (4) 1st April , 1995 (5) None of these (1) Reserve Bank of India (2) State Bank of India Q.246. In the context of liberalization and globalization _____. (3) Central Bank of India (4) Bank of India (A) Planning has no role to play (5) None of these (B) Planning has an indicative role Q.235. Reserve money includes _____. (C) Planning has a role to play in providing safety net for the poor (1) Time deposit with the Banks only (2) Currency with the public and cash with Banks (1) Only A (2) B and C (3) Only B (3) Cash with Banks only (4) Cash with Banks and post office savings bank deposits (4) All A, B and C (5) None of these (5) None of these Q.247. Corporation tax ______. Q.236. Which one of the following is not an objective of fiscal policy ? (1) Is levied and appropriated by the states. (1) Economic growth (2) Economic stability (2) Is levied by the union and collected and appropriated by the states. (3) Maximization of employment level (4) Regulation of financial institutions (3) Is leveid by the union and shared by the union and the states. (5) None of these (4) Is levied by the union and belongs to it exclusively. Q.237. Which of the following is not included in infrastructure in India ? (5) None of these (1) Energy (2) Transport (3) Education Q.248. Which of the following is an example of near money ? (4) Telecommunications (5) None of these (1) Small coins of 50 paise (2) Fiat Money (3) Bank Draft Q.238. The National Agricultural Insurance Scheme was started by the Government of India in _____. (4) Treasury Bills (5) None of these (1) 1990 (2) 1995 (3) 1999 (4) 1997 (5) None of these Q.249. ______is a financial institution which mobilises savings from the people and invests then in a mix Q.239. Interest on national debt is included in ______. of corporate and government securities. (1) GNP (2) NNP (3) Personal Income (1) Commercial Bank (2) Mutual Fund (3) Unit Bank (4) National Income (5) None of these (4) Correspondent Bank (5) None of these Q.240. Which one of the following is not a measure of Globalisation ? Q.250. Which of the following is not a objective of Bank portfolio management ? (1) Reduction in import duties (1) Profitability (2) Liquidity (3) Safety (2) Abolition of import licensing (4) Expansion (5) None of these (3) Allowing free flow of direct foreign investment Q.251. A Bank which controls credit is called _____. (4) Disinvestment of equity in the public sector (1) Unit Bank (2) Central Bank (3) Commercial Bank (5) None of these (4) Correspondent Bank (5) None of these Q.241. Which sector contributes most to the savings in India ? Q.252. When the government imposes physical and monetary controls to check open inflation, It is known (1) Public sector (2) Private corporate sector as ____. (3) Household sector (4) Administrative sector (1) Mark-up Inflation (2) Demand pull Inflation (3) Creeping Inflation (5) None of these (4) Suppressed Inflation (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.253. The causes of deflation is/are ______. Q.264. Consider the following statements regarding the features of the Indian money market---- (A) Lack of goods and services as campared to money supply. (A) It finds avenues for profitable investment for short -term surplus (B) Low per capita income (B) It opens the door for the Commercial Banks to occupy a strategic position in regulating (C) Lack of money supply as compared to supply of goods and services. money market. (1) A and C (2) All A, B and C (3) Only C (C) It provides short- term funds for Banks. Which of the statements given above is/are correct ? (4) Only A (5) None of these (1) Only A (2) Only B (3) A and C (4) All A,B and C (5) None of these Q.254. Which one of the following is not a function of Central Bank in a country ? Q.265. If the Reserve Bank of India sells securities in the market it will result in ------(1) Credit Control (2) Managing Money Supply (1) An immediate change in the Bank rate (2) A fall in the market rate of interest (3) Credit Creation (4) Regulation of Foreign Exchange (3) An increase in loans to Bank customers (4) A reduction in Bank deposits (5) None of these (5) None of these Q.255. The system of Note Issue followed by Reserve Bank of India is ____. Q.266. The majority of Central Government enterprises belong to the ------(1) Proportional Reserve System (2) Minimum Reserve System (1) Public corporations (2) Public limited companies (3) Minimum Fiduciary System (4) Maximum Fiduciary System (3) Private limited companies (4) Departmental organisations (5) None of these (5) None of these Q.256. A group of countries which has abolished all Traffis and also quantitative restrictions between Q.267. The Central Bank can decrease the Bank credit component of the money supply by ------themselves is called ______. (1) Lowering the cash reserve requirements (2) Increasing the Bank rate (1) Economic Union (2) Customs Union (3) Common Market (3) Lowering the Bank rate (4) Buying of government securities (4) Free Trade Area (5) None of these (5) None of these Q.257. Which one of the following is not a priority sector lending by Commercial Banks in India at present ? Q.268. Parallel Economy is also referred as ------(1) Agriculture (2) Small Scale Industries (3) Export (1) Grey Market (2) Black Market (3) Black Economy (4) Weaker Section (5) None of these (4) Both 1and 2 (5) None of these Q.269. Which of the following was the first commercial Bank of limited liability managed by Indians ? Q.258. Many times we read that a corporate entity is in the process of raising its capital base. Why is a company required to raise money to strengthen its capital base? (1) Punjab National Bank (2) Oudh Commercial Bank (A) To finance its expansion plans (3) Imperial Bank of India (4) Bank of Baroda (5) None of these (B) To finance its diversification plans Q.270. ------is an agreement where by an issuing Bank at the request of the importer (Buyer) (C) To repay its loans and borrowings undertakes to make payment to the exportor (Beneficiary) against stipulated documents. (1) Only A (2) Only B (3) Only C (4) Only A & B (5) AII A, B & C (1) Bills of exchange (2) Letter of exchange (3) Letter of credit Q.259. What are Teaser Loan rates charged by Banks ? (4) Bill of entry (5) None of these (1) Rate of interest in the initial period is more and it goes down subsequently. Q.271. What are Time Liabilities ? (2) Rate of interest in the intial period is less and goes up subsequently. (1) The liabilities which Bank have to pay on demand (3) Fixed Rate of interest charged by Banks (2) The liabilities which Bank have to pay after specific time period. (4) Floating rate of interest charged by Banks. (3) The liabilities which Bank have to pay to the Reserve Bank of India (5) None of these (4) The liabilities which Bank have to pay to the central government Q.260. Which of the following institution is considered as ' soft loan window' ? (5) None of these Q.272. Regional Rural Banks are classified under ------(1) IMF (2) IBRD (3) IDA (4) IFC (5) None of these (1) Land mortgage Banks (2) Co-operative Banks (3) Commercial Banks Q.261. Variable Reserve Ratio and Open Market Operations are instruments of ------(4) Public sector Banks (5) None of these (1) Fiscal policy (2) Monetary policy (3) Budgetary policy Q.273. As we all know that Reserve Bank of India manages the circulation of currency. In this context which (4) Trade policy (5) None of these of the following decides the currency denomination value ? Q.262. In which year SMERA (Small & Medium Enterprises Rating Agency) was established ? (1) Planning Commission (2) Reserve Bank of India Itself (1) 2002 (2) 2005 (3) 2008 (4) 2001 (5) None of these (3) Government of India (4) Finance Commission Q.263. The Bank rate policy is a component of ------(5) None of these (1) Fiscal policy (2) Monetary policy (3) Trade policy Q.274. The country's First ever socio-economic and caste census to identify people living below poverty line was recently started from a tribal village Sankhola in _____ (4) Foreign policy (5) None of these (1) Tripura (2) Assam (3) West Bengal (4) Maharashtra (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.253. The causes of deflation is/are ______. Q.264. Consider the following statements regarding the features of the Indian money market---- (A) Lack of goods and services as campared to money supply. (A) It finds avenues for profitable investment for short -term surplus (B) Low per capita income (B) It opens the door for the Commercial Banks to occupy a strategic position in regulating (C) Lack of money supply as compared to supply of goods and services. money market. (1) A and C (2) All A, B and C (3) Only C (C) It provides short- term funds for Banks. Which of the statements given above is/are correct ? (4) Only A (5) None of these (1) Only A (2) Only B (3) A and C (4) All A,B and C (5) None of these Q.254. Which one of the following is not a function of Central Bank in a country ? Q.265. If the Reserve Bank of India sells securities in the market it will result in ------(1) Credit Control (2) Managing Money Supply (1) An immediate change in the Bank rate (2) A fall in the market rate of interest (3) Credit Creation (4) Regulation of Foreign Exchange (3) An increase in loans to Bank customers (4) A reduction in Bank deposits (5) None of these (5) None of these Q.255. The system of Note Issue followed by Reserve Bank of India is ____. Q.266. The majority of Central Government enterprises belong to the ------(1) Proportional Reserve System (2) Minimum Reserve System (1) Public corporations (2) Public limited companies (3) Minimum Fiduciary System (4) Maximum Fiduciary System (3) Private limited companies (4) Departmental organisations (5) None of these (5) None of these Q.256. A group of countries which has abolished all Traffis and also quantitative restrictions between Q.267. The Central Bank can decrease the Bank credit component of the money supply by ------themselves is called ______. (1) Lowering the cash reserve requirements (2) Increasing the Bank rate (1) Economic Union (2) Customs Union (3) Common Market (3) Lowering the Bank rate (4) Buying of government securities (4) Free Trade Area (5) None of these (5) None of these Q.257. Which one of the following is not a priority sector lending by Commercial Banks in India at present ? Q.268. Parallel Economy is also referred as ------(1) Agriculture (2) Small Scale Industries (3) Export (1) Grey Market (2) Black Market (3) Black Economy (4) Weaker Section (5) None of these (4) Both 1and 2 (5) None of these Q.269. Which of the following was the first commercial Bank of limited liability managed by Indians ? Q.258. Many times we read that a corporate entity is in the process of raising its capital base. Why is a company required to raise money to strengthen its capital base? (1) Punjab National Bank (2) Oudh Commercial Bank (A) To finance its expansion plans (3) Imperial Bank of India (4) Bank of Baroda (5) None of these (B) To finance its diversification plans Q.270. ------is an agreement where by an issuing Bank at the request of the importer (Buyer) (C) To repay its loans and borrowings undertakes to make payment to the exportor (Beneficiary) against stipulated documents. (1) Only A (2) Only B (3) Only C (4) Only A & B (5) AII A, B & C (1) Bills of exchange (2) Letter of exchange (3) Letter of credit Q.259. What are Teaser Loan rates charged by Banks ? (4) Bill of entry (5) None of these (1) Rate of interest in the initial period is more and it goes down subsequently. Q.271. What are Time Liabilities ? (2) Rate of interest in the intial period is less and goes up subsequently. (1) The liabilities which Bank have to pay on demand (3) Fixed Rate of interest charged by Banks (2) The liabilities which Bank have to pay after specific time period. (4) Floating rate of interest charged by Banks. (3) The liabilities which Bank have to pay to the Reserve Bank of India (5) None of these (4) The liabilities which Bank have to pay to the central government Q.260. Which of the following institution is considered as ' soft loan window' ? (5) None of these Q.272. Regional Rural Banks are classified under ------(1) IMF (2) IBRD (3) IDA (4) IFC (5) None of these (1) Land mortgage Banks (2) Co-operative Banks (3) Commercial Banks Q.261. Variable Reserve Ratio and Open Market Operations are instruments of ------(4) Public sector Banks (5) None of these (1) Fiscal policy (2) Monetary policy (3) Budgetary policy Q.273. As we all know that Reserve Bank of India manages the circulation of currency. In this context which (4) Trade policy (5) None of these of the following decides the currency denomination value ? Q.262. In which year SMERA (Small & Medium Enterprises Rating Agency) was established ? (1) Planning Commission (2) Reserve Bank of India Itself (1) 2002 (2) 2005 (3) 2008 (4) 2001 (5) None of these (3) Government of India (4) Finance Commission Q.263. The Bank rate policy is a component of ------(5) None of these (1) Fiscal policy (2) Monetary policy (3) Trade policy Q.274. The country's First ever socio-economic and caste census to identify people living below poverty line was recently started from a tribal village Sankhola in _____ (4) Foreign policy (5) None of these (1) Tripura (2) Assam (3) West Bengal (4) Maharashtra (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.275. Which of the following is India's one of the major Microfinance Institution ? Q.284. If there is an inflationary trend in the economy what would be the trend in the pricing of the Bank (1) Grameen (2) Bantra (3) Brae (4) Spandana (5) None of these products ? Q.276. When does the Central Bank increases the minimum statutory cash reserve ratio of the Commercial (1) Constant trend Banks ? (2) Increasing trend (A) When the economy is in deflationary condition (3) Decreasing trend (B) When the economy is experiencing inflation (4) There is no relevance of the inflation in pricing of the banking products (C) When the Central Bank aims credit contraction. (5) None of these (1) A and C (2) All A, B and C (3) B and C (4) Only B (5) None of these Q.285. For a closed economy having no foreign trade which one of the following is correct ? Q.277. The primary objective of selective credit control is ______. (1) GDP > GNP (2) GDP < GNP (3) GDP = GNP (1) To raise the cost of credit for all purposes. (4) GDP < GNP (5) None of these (2) To decrease the total supply of credit in the economy. Q.286. The ability of a commercial Bank to increase its loans and Investment depends on its ______. (3) To regulate total Bank credit and general level of interest rates. (1) Holding of government securities (2) Cash position (4) To influence allocation of credit among different borrowers and users. (3) Excess Cash reserves (4) Outstanding loans and investments (5) None of these (5) None of these Q.278. Consider the following measures. Q.287. 'Economic Development' is a ______. (A) Changing the Bank rate (A) Continuous process (B) Open market operation (B) Short-term process (C) Increasing the Cash-Reserve Ratio (C) Long term process Which of the measures given above are taken by the Reserve Bank of India to control inflation in (1) Only C (2) A and C (3) Only A (4) A and B (5) None of these India ? Q.288. Which of the following is not a feature of Microfinance ? (1) A and B (2) All A, B and C (3) A and C (1) It provides gainful financial services to unemployed and low-income individuals. (4) Only C (5) None of these (2) It promotes saving of money by individuals. Q.279. Bank rate refers to the _____. (3) Interest rates are generally lower than those offered by normal banks. (1) Interest rate at which Commercial Banks accept deposits from the public. (4) Micro finance operations make profit from the poor. (2) Rate at which Central Bank rediscounts bills of exchange of Commercial Banks. (5) None of these. (3) Prime Lending Rate of Commercial Banks Q.289. Which of the following is not the part of the scheduled banking structure in India ? (4) Interest rate at which Commercial Banks lend to the customers (1) Money Lenders (2) Public Sector Banks (5) None of these (3) Private Sector Banks (4) Regional Rural Banks Q.280. Which of the following would reduce the credit creation capacity of a Commercial Bank ? (5) State Co-operative Banks (A) Deposits with the Central Bank (B) Time and Demand deposits (C) Cash in hand Q.290. Which of the following cannot be called as a value Added service offered by a Bank? (1) A and C (2) Only B (3) A and B (1) Special accounts for poor sections of the society (4) All A, B and C (5) None of these (2) Accident insurance cover Q.281. Which one of the following items is not included in the current account of India's balance of (3) Instant Credits of Outstation Cheques payments ? (4) Free cheque book (1) Short-term commercial borrowings (2) Non-monetary gold movements (5) All are value Added services (3) Investment income (4) Transfer payments Q.291. Opening the Saving Bank Account of a minor girl will be called as which of the following in Banking (5) None of these terminology ? Q.282. The Reserve Bank of India placed the greatest reliance on which of the following measures of credit (1) Retail Banking (2) Merchant Banking (3) Institutional Banking control for maintaining price stability during the last ten years ? (4) Social Banking (5) Corporate Banking (1) The Bank Rate (2) Open Market Operations Q.292. Which of the following terms is NOT used in Banking Sector? (3) Cash reserve requirements (4) Statutory liquidity requirements (1) SLR (2) NPA (3) Credit Rating(4) Fixed Deposit (5) PURA (5) None of these Q.293. Banking Sector will fall under which of the following sectors? Q.283. Which one of the following groups of items is included in India's foreign exchange reserves ? (1) Agriculture Sector (2) Service Sector (3) Manufacturing (1) Foreign-currency assets, Special Drawing Rights (SDRs) and Loans from foreign countries. (2) Foreign-currency assets, Gold holdings of RBI and Special Drawing Rights (SDRs) (4) Industrial Sector (5) None of these (3) Foreign-currency assets, Loans from the World Bank and Special Drawing Rights (SDRs) Q.294. Which of the following is NOT a measure of the Risk Management in Banks ? (4) Foreign-currency assets, Gold holdings of RBI and Loans from the World Bank. (1) CRR (2) RTGS (3) SLR (5) None of these (4) Deposit Insurance (5) All are the measures of risk management Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.275. Which of the following is India's one of the major Microfinance Institution ? Q.284. If there is an inflationary trend in the economy what would be the trend in the pricing of the Bank (1) Grameen (2) Bantra (3) Brae (4) Spandana (5) None of these products ? Q.276. When does the Central Bank increases the minimum statutory cash reserve ratio of the Commercial (1) Constant trend Banks ? (2) Increasing trend (A) When the economy is in deflationary condition (3) Decreasing trend (B) When the economy is experiencing inflation (4) There is no relevance of the inflation in pricing of the banking products (C) When the Central Bank aims credit contraction. (5) None of these (1) A and C (2) All A, B and C (3) B and C (4) Only B (5) None of these Q.285. For a closed economy having no foreign trade which one of the following is correct ? Q.277. The primary objective of selective credit control is ______. (1) GDP > GNP (2) GDP < GNP (3) GDP = GNP (1) To raise the cost of credit for all purposes. (4) GDP < GNP (5) None of these (2) To decrease the total supply of credit in the economy. Q.286. The ability of a commercial Bank to increase its loans and Investment depends on its ______. (3) To regulate total Bank credit and general level of interest rates. (1) Holding of government securities (2) Cash position (4) To influence allocation of credit among different borrowers and users. (3) Excess Cash reserves (4) Outstanding loans and investments (5) None of these (5) None of these Q.278. Consider the following measures. Q.287. 'Economic Development' is a ______. (A) Changing the Bank rate (A) Continuous process (B) Open market operation (B) Short-term process (C) Increasing the Cash-Reserve Ratio (C) Long term process Which of the measures given above are taken by the Reserve Bank of India to control inflation in (1) Only C (2) A and C (3) Only A (4) A and B (5) None of these India ? Q.288. Which of the following is not a feature of Microfinance ? (1) A and B (2) All A, B and C (3) A and C (1) It provides gainful financial services to unemployed and low-income individuals. (4) Only C (5) None of these (2) It promotes saving of money by individuals. Q.279. Bank rate refers to the _____. (3) Interest rates are generally lower than those offered by normal banks. (1) Interest rate at which Commercial Banks accept deposits from the public. (4) Micro finance operations make profit from the poor. (2) Rate at which Central Bank rediscounts bills of exchange of Commercial Banks. (5) None of these. (3) Prime Lending Rate of Commercial Banks Q.289. Which of the following is not the part of the scheduled banking structure in India ? (4) Interest rate at which Commercial Banks lend to the customers (1) Money Lenders (2) Public Sector Banks (5) None of these (3) Private Sector Banks (4) Regional Rural Banks Q.280. Which of the following would reduce the credit creation capacity of a Commercial Bank ? (5) State Co-operative Banks (A) Deposits with the Central Bank (B) Time and Demand deposits (C) Cash in hand Q.290. Which of the following cannot be called as a value Added service offered by a Bank? (1) A and C (2) Only B (3) A and B (1) Special accounts for poor sections of the society (4) All A, B and C (5) None of these (2) Accident insurance cover Q.281. Which one of the following items is not included in the current account of India's balance of (3) Instant Credits of Outstation Cheques payments ? (4) Free cheque book (1) Short-term commercial borrowings (2) Non-monetary gold movements (5) All are value Added services (3) Investment income (4) Transfer payments Q.291. Opening the Saving Bank Account of a minor girl will be called as which of the following in Banking (5) None of these terminology ? Q.282. The Reserve Bank of India placed the greatest reliance on which of the following measures of credit (1) Retail Banking (2) Merchant Banking (3) Institutional Banking control for maintaining price stability during the last ten years ? (4) Social Banking (5) Corporate Banking (1) The Bank Rate (2) Open Market Operations Q.292. Which of the following terms is NOT used in Banking Sector? (3) Cash reserve requirements (4) Statutory liquidity requirements (1) SLR (2) NPA (3) Credit Rating(4) Fixed Deposit (5) PURA (5) None of these Q.293. Banking Sector will fall under which of the following sectors? Q.283. Which one of the following groups of items is included in India's foreign exchange reserves ? (1) Agriculture Sector (2) Service Sector (3) Manufacturing (1) Foreign-currency assets, Special Drawing Rights (SDRs) and Loans from foreign countries. (2) Foreign-currency assets, Gold holdings of RBI and Special Drawing Rights (SDRs) (4) Industrial Sector (5) None of these (3) Foreign-currency assets, Loans from the World Bank and Special Drawing Rights (SDRs) Q.294. Which of the following is NOT a measure of the Risk Management in Banks ? (4) Foreign-currency assets, Gold holdings of RBI and Loans from the World Bank. (1) CRR (2) RTGS (3) SLR (5) None of these (4) Deposit Insurance (5) All are the measures of risk management Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.295. Which of the following Acts was framed to deal more effectively specially with the problem of Non- Q.308. In the context with Investment what are A, AA+ and AAA ? Performing Assets in banking system? (1) Stock exchange Index (2) Credit ratings (1) SARFAESI ACT (2) Banking Regulation Act. (3) Market stability Index (4) Profit equity Index (3) Foreign Exchange Management Act (4) Industrial Dispute Act. Q.309. High powered money is ______(5) None of these (1) Bank's reserves at central banks Q.296. Many times we read a term CBS used in banking operation. What is the full form of the letter 'C' in the term 'CBS'? (2) All loans and advances of banks (1) Core (2) Credit (3) Continuous (3) Money held by banks (4) Complete (5) None of these (4) Currency held by public and reserves with the central bank Q.297. Name any E-Banking service which is based on voice processing facility ? (5) None of these (1) Any time banking (2) Tele-banking (3) On-line banking Q.310. A significant decrease in the demand for loans will force Banks to ______. (4) Any where banking (5) None of these (1) Adjust their portfolios (2) Sell securities to the central Bank Q.298. Non Performing Assets are those assets which are overdue for a period of more than ? (3) Resort to borrowings (4) Raise the prime lending rate (1) 90 days in interest and/or installment in term of loan. (5) None of these (2) 90 days out of order in case of over draft/cash credit. Bills purchased and Bills discounted. Q.311. The process of credit creation has the effect of ______(3) 2 harvest seasons for advances for cultivation of short duration crops. (1) Raising the real national income (4) All of the above (2) Raising the real wealth of a country (5) None of these (3) Increasing the supply of money Q.299. ______has been set up for exchange of credit information among its members ? (4) Decreasing the national debt (1) DICGCI (2) CIBIL (3) ECGL (4) EXIM Bank (5) None of these (5) None of these Q.300. Basel - II norms are associated with sector. Q.312. Which of the following is not a function of commercial banks ? (1) Banking (2) Insurance (3) Share (1) Acceptance of deposits (4) All of the above (5) None of these (2) Purchase and sale of foreign exchange Q.301. Which among the following is also known as Pacific Rim trade IBSA ? (1) APEC (2) ASEAN (3) SAARC (4) IBSA (5) IBRD (3) Discounting bills of exchange Q.302. Which one of the following will setup core banking infrastructure for rural banks ? (4) Controlling credit expansion (1) RBI (2) NABARD (3) SIDBI (4) IBA (5) None of these (5) None of these Q.303. Who is the Ex-Officio chairmain of Niti Aayog ? Q.313. Which of the following is generally referred to as a 'Broader' measures of money supply ?

(1) The President (2) The Finance Minister (3) The Prime Minister (1) M12(2) M (3) M3(4) M4(5) None of these (4) The Chief of CSO (5) None of these Q.314. The RBI has helped to finace India's foreign Trade through ____ Q.304. Which of the following is correct regarding the Gross Domestic Saving in India? (1) NABARD (2) EXIM Bank (3) SBI (4) IDBI (5) None of these (1) Contribution of household sector is the largest Q.315. A Maharatna company can invest which of of the following amounts independently for a project ? (2) Contribution of govt. sector is the largest (1) Rs 20.000 crore (2) Rs 12,000 crore (3) Rs 10,000 crore (3) Contribution of corporate sector is the largest (4) Rs 5000 crore (5) None of these (4) All of the above Q.316. The Tier - I Capital of Banks does not includes ______(5) None of these (1) Paid up capital (2) Statutory reserves Q.305. Gilt-edged market means______(3) Revaluation reserves (4) Investment Fluctuation reserves (1) Bull market (2) Market of govt. securities (5) None of these (3) Market of guns (4) Market of Pure metals Q.317. Which of the following scheme is related with Financial Inclusion ? (5) None of these (1) SABLA (2) Swavalamban (3) Swabhiman Q.306. Who is the Chairman of ISRO at present? (4) Adhaar (5) None of these (1) Pradeep Kumar (2) K. Radhakrishnan (3) A.S. Kiran Kumar (4) Rakesh Sood (5) None of these Q.318. With reference to Banking what is PCR ? Q.307. What do you understand by "Para Banking" services ? (1) Profit Credit Ratio (2) Provision Credit Ratio (1) Eligible financial services rendered by bank (3) Provision Coverage Ratio (4) Provision Cash Ratio (2) Utility services provided by bank (5) None of these (3) Services provided through business correspondent Q-319. Goods and Services Tax (GST), would replace which of the following tax/taxes ? (4) Services provided to armed force personnel (A) Income Tax (B) Corporate Tax (C) Value Added Tax (VAT) (5) None of these (1) Only A (2) Only B (3) Only C (4) All A, B and C (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.295. Which of the following Acts was framed to deal more effectively specially with the problem of Non- Q.308. In the context with Investment what are A, AA+ and AAA ? Performing Assets in banking system? (1) Stock exchange Index (2) Credit ratings (1) SARFAESI ACT (2) Banking Regulation Act. (3) Market stability Index (4) Profit equity Index (3) Foreign Exchange Management Act (4) Industrial Dispute Act. Q.309. High powered money is ______(5) None of these (1) Bank's reserves at central banks Q.296. Many times we read a term CBS used in banking operation. What is the full form of the letter 'C' in the term 'CBS'? (2) All loans and advances of banks (1) Core (2) Credit (3) Continuous (3) Money held by banks (4) Complete (5) None of these (4) Currency held by public and reserves with the central bank Q.297. Name any E-Banking service which is based on voice processing facility ? (5) None of these (1) Any time banking (2) Tele-banking (3) On-line banking Q.310. A significant decrease in the demand for loans will force Banks to ______. (4) Any where banking (5) None of these (1) Adjust their portfolios (2) Sell securities to the central Bank Q.298. Non Performing Assets are those assets which are overdue for a period of more than ? (3) Resort to borrowings (4) Raise the prime lending rate (1) 90 days in interest and/or installment in term of loan. (5) None of these (2) 90 days out of order in case of over draft/cash credit. Bills purchased and Bills discounted. Q.311. The process of credit creation has the effect of ______(3) 2 harvest seasons for advances for cultivation of short duration crops. (1) Raising the real national income (4) All of the above (2) Raising the real wealth of a country (5) None of these (3) Increasing the supply of money Q.299. ______has been set up for exchange of credit information among its members ? (4) Decreasing the national debt (1) DICGCI (2) CIBIL (3) ECGL (4) EXIM Bank (5) None of these (5) None of these Q.300. Basel - II norms are associated with sector. Q.312. Which of the following is not a function of commercial banks ? (1) Banking (2) Insurance (3) Share (1) Acceptance of deposits (4) All of the above (5) None of these (2) Purchase and sale of foreign exchange Q.301. Which among the following is also known as Pacific Rim trade IBSA ? (1) APEC (2) ASEAN (3) SAARC (4) IBSA (5) IBRD (3) Discounting bills of exchange Q.302. Which one of the following will setup core banking infrastructure for rural banks ? (4) Controlling credit expansion (1) RBI (2) NABARD (3) SIDBI (4) IBA (5) None of these (5) None of these Q.303. Who is the Ex-Officio chairmain of Niti Aayog ? Q.313. Which of the following is generally referred to as a 'Broader' measures of money supply ?

(1) The President (2) The Finance Minister (3) The Prime Minister (1) M12(2) M (3) M3(4) M4(5) None of these (4) The Chief of CSO (5) None of these Q.314. The RBI has helped to finace India's foreign Trade through ____ Q.304. Which of the following is correct regarding the Gross Domestic Saving in India? (1) NABARD (2) EXIM Bank (3) SBI (4) IDBI (5) None of these (1) Contribution of household sector is the largest Q.315. A Maharatna company can invest which of of the following amounts independently for a project ? (2) Contribution of govt. sector is the largest (1) Rs 20.000 crore (2) Rs 12,000 crore (3) Rs 10,000 crore (3) Contribution of corporate sector is the largest (4) Rs 5000 crore (5) None of these (4) All of the above Q.316. The Tier - I Capital of Banks does not includes ______(5) None of these (1) Paid up capital (2) Statutory reserves Q.305. Gilt-edged market means______(3) Revaluation reserves (4) Investment Fluctuation reserves (1) Bull market (2) Market of govt. securities (5) None of these (3) Market of guns (4) Market of Pure metals Q.317. Which of the following scheme is related with Financial Inclusion ? (5) None of these (1) SABLA (2) Swavalamban (3) Swabhiman Q.306. Who is the Chairman of ISRO at present? (4) Adhaar (5) None of these (1) Pradeep Kumar (2) K. Radhakrishnan (3) A.S. Kiran Kumar (4) Rakesh Sood (5) None of these Q.318. With reference to Banking what is PCR ? Q.307. What do you understand by "Para Banking" services ? (1) Profit Credit Ratio (2) Provision Credit Ratio (1) Eligible financial services rendered by bank (3) Provision Coverage Ratio (4) Provision Cash Ratio (2) Utility services provided by bank (5) None of these (3) Services provided through business correspondent Q-319. Goods and Services Tax (GST), would replace which of the following tax/taxes ? (4) Services provided to armed force personnel (A) Income Tax (B) Corporate Tax (C) Value Added Tax (VAT) (5) None of these (1) Only A (2) Only B (3) Only C (4) All A, B and C (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q-320. Agricultural taxation in India is difficult because of - Q.331. "Open Market Operation" are controlled by -----. (1) Scattered nature of land holdings (1) World Bank (2) IMF (3) RBI (4) Finance Ministry (2) Seasonality of production Q.332. Which are following statement(s) is/are correct definition of 'payment balance' in economy terms? (3) The fact that agriculture is not taxed any where in the world (A) This is transaction records among the country in which payment is made in currency other than US dollar (4) Increasing overhead cost of tax collection and the lack of political will (B) This is a transaction record between specific country and all countries. (5) None of these (C) This is record of export/import of a country and difference of amount in US$ Q-321. Kisan Credit Card Scheme (KCC) was introduced in 1998-99 to improve the credit delivery to farmers. Which one of the following does not operate this scheme ? (1) Only A (2) Only B (3) Only C (4) Only A and C (5) None of these (1) NABARD (2) Co-operative Banks (3) Regional Rural Banks Q.333. RBI has permitted non banking finance companies (NBFCs) to enter the _____ business through the joint venture route. (4) Schedules Commercial Banks (5) None of these (1) Mutual Fund (2) Insurance (3) Universal Banking - Q 322. Which one of the following is a source of non-tax revenue for Government of India ? (4) Merchant Banking (5) None of these (1) Import duty on cars (2) Octroi at cheek points on roads Q.334. Which of the following is not a part of the World Bank? (3) Entrance fee on museums (4) Excise duty on beverages (1) IBRD (2) ADB (3) IDA (4) IFC (5) MIGA (5) None of these Q.335. Which of the following statements is/are true about the shareholding in the Regional Rural Bank Q-323. Many a times we read in newspapers a term CBS. What does B denotes in the term 'CBS' ? (RRB)? (1) Business (2) Banking (3) Base (4) Bond (5) None of these A. Central govt. holds 50% stake. Q-324. The back bone of Indian economy is/are – B. RBI holds 50% stake. (A) Industry (B) Agriculture (C) Export C. State government holds 15% stake. (1) Only A (2) Only B (3) A and C D. Sponsored bank holds 35% stake. (4) All A, B and C (5) None of these (1) Only A & B (2) Only B, C & D (3) Only A, C & D (4) Only A & D (5) None of these Q-325. Small loans provided by the Banks to very poor families without any collateral security is popularly known as – Q.336. Open market operations of RBI refers to - (1) Personal finance (2) Project finance (3) Macro finance (1) Buying and selling of securities (2) Trading in shares (4) Micro finance (5) None of these (3) Auctioning of treasury bills (4) Selling & purchasing of goods (5) None of these Q-326. "One Family One Bank" tagline is associated with a PSB Bank. The Public Sector Bank (PSB) in the Question is– Q.337. Which of the following is called "paper gold"? (1) Canara Bank (2) Bank of Maharashtra (3) Bank of India (1) Euro (2) Dollar (3) Yuan (4) SDR (5) None of these (4) Corporation Bank (5) None of these Q.338. Which of the following is/was Not included in the agenda set for the Banking Reforms in India? (1) Dismantling of administered interest rates Q-327. Co-operative movement in which of the following section of the indian economy has been highly successful ? (2) Measure to strengthen risk management (1) Small scale sector (2) Milk production (3) Transport sector (3) Promulgation of SARFAESI Act (4) Energy sector (5) None of these (4) Promotion of the concept of easy credit to all with a guaranteed subsidy from the government (5) None of these Q-328. An indicator currently used by United nations development programme (UNDP) for measure ment of the quality of people's life is known as– Q.339. In respect of which one of the following areas, Y. H. Malegam Committee has submitted its recommendations? (1) Human development Index (2) Average expectancy of life (1) Interest on Micro Finance loans (2) Teaser loans (3) Per capita income (4) Standard of living index (3) Rural development (4) Advances to agriculture (5) None of these (5) None of these Q-329. Which of the following agencies was set up to promote new technological inputs in rural sector ? Q.340. The Agriculture Insurance Company was launched with the help of- (1) CAPART (2) HUDCO (3) SIDBI (4) IDBI (5) None of these (1) RBI (2) SIDBI (3) NABARD (4) ECGC (5) None of these Q.330. What are the objective taken by NABARD to improve the Rural Banking infrastructure ? Q.341. Deflation refers to - (1) For the development of education in rural area (1) General decline in price of various commodities and services (2) For the development of health of women and children (2) Price decline in specific sectors. (3) For availability of food grains (3) Price decline in specific commodities. (4) For insuring Prosperity and Progress integrated development of rural areas (4) Sharp and sudden decline in foreign exchange reserves. (5) None of these (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q-320. Agricultural taxation in India is difficult because of - Q.331. "Open Market Operation" are controlled by -----. (1) Scattered nature of land holdings (1) World Bank (2) IMF (3) RBI (4) Finance Ministry (2) Seasonality of production Q.332. Which are following statement(s) is/are correct definition of 'payment balance' in economy terms? (3) The fact that agriculture is not taxed any where in the world (A) This is transaction records among the country in which payment is made in currency other than US dollar (4) Increasing overhead cost of tax collection and the lack of political will (B) This is a transaction record between specific country and all countries. (5) None of these (C) This is record of export/import of a country and difference of amount in US$ Q-321. Kisan Credit Card Scheme (KCC) was introduced in 1998-99 to improve the credit delivery to farmers. Which one of the following does not operate this scheme ? (1) Only A (2) Only B (3) Only C (4) Only A and C (5) None of these (1) NABARD (2) Co-operative Banks (3) Regional Rural Banks Q.333. RBI has permitted non banking finance companies (NBFCs) to enter the _____ business through the joint venture route. (4) Schedules Commercial Banks (5) None of these (1) Mutual Fund (2) Insurance (3) Universal Banking - Q 322. Which one of the following is a source of non-tax revenue for Government of India ? (4) Merchant Banking (5) None of these (1) Import duty on cars (2) Octroi at cheek points on roads Q.334. Which of the following is not a part of the World Bank? (3) Entrance fee on museums (4) Excise duty on beverages (1) IBRD (2) ADB (3) IDA (4) IFC (5) MIGA (5) None of these Q.335. Which of the following statements is/are true about the shareholding in the Regional Rural Bank Q-323. Many a times we read in newspapers a term CBS. What does B denotes in the term 'CBS' ? (RRB)? (1) Business (2) Banking (3) Base (4) Bond (5) None of these A. Central govt. holds 50% stake. Q-324. The back bone of Indian economy is/are – B. RBI holds 50% stake. (A) Industry (B) Agriculture (C) Export C. State government holds 15% stake. (1) Only A (2) Only B (3) A and C D. Sponsored bank holds 35% stake. (4) All A, B and C (5) None of these (1) Only A & B (2) Only B, C & D (3) Only A, C & D (4) Only A & D (5) None of these Q-325. Small loans provided by the Banks to very poor families without any collateral security is popularly known as – Q.336. Open market operations of RBI refers to - (1) Personal finance (2) Project finance (3) Macro finance (1) Buying and selling of securities (2) Trading in shares (4) Micro finance (5) None of these (3) Auctioning of treasury bills (4) Selling & purchasing of goods (5) None of these Q-326. "One Family One Bank" tagline is associated with a PSB Bank. The Public Sector Bank (PSB) in the Question is– Q.337. Which of the following is called "paper gold"? (1) Canara Bank (2) Bank of Maharashtra (3) Bank of India (1) Euro (2) Dollar (3) Yuan (4) SDR (5) None of these (4) Corporation Bank (5) None of these Q.338. Which of the following is/was Not included in the agenda set for the Banking Reforms in India? (1) Dismantling of administered interest rates Q-327. Co-operative movement in which of the following section of the indian economy has been highly successful ? (2) Measure to strengthen risk management (1) Small scale sector (2) Milk production (3) Transport sector (3) Promulgation of SARFAESI Act (4) Energy sector (5) None of these (4) Promotion of the concept of easy credit to all with a guaranteed subsidy from the government (5) None of these Q-328. An indicator currently used by United nations development programme (UNDP) for measure ment of the quality of people's life is known as– Q.339. In respect of which one of the following areas, Y. H. Malegam Committee has submitted its recommendations? (1) Human development Index (2) Average expectancy of life (1) Interest on Micro Finance loans (2) Teaser loans (3) Per capita income (4) Standard of living index (3) Rural development (4) Advances to agriculture (5) None of these (5) None of these Q-329. Which of the following agencies was set up to promote new technological inputs in rural sector ? Q.340. The Agriculture Insurance Company was launched with the help of- (1) CAPART (2) HUDCO (3) SIDBI (4) IDBI (5) None of these (1) RBI (2) SIDBI (3) NABARD (4) ECGC (5) None of these Q.330. What are the objective taken by NABARD to improve the Rural Banking infrastructure ? Q.341. Deflation refers to - (1) For the development of education in rural area (1) General decline in price of various commodities and services (2) For the development of health of women and children (2) Price decline in specific sectors. (3) For availability of food grains (3) Price decline in specific commodities. (4) For insuring Prosperity and Progress integrated development of rural areas (4) Sharp and sudden decline in foreign exchange reserves. (5) None of these (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.342. Which of the following agencies/organizations in India maintains the Micro Finance Development Q.353. The economy of India is/are facing which of the following problem/problems now a days? and equity fund? A. Huge trade deficits. (1) Confederation of Industries in India. (2) Indian Bank's Association B. Disequilibrium in balance of payments. (3) Small industries Development Bank of India (4) Reserve Bank of India C. High inflation and high food and commodity prices. (5) None of these (1) Only A (2) Only B (3) A and C (4) Only C (5) None of these Q.343. In the term of economics, the recession occuring two times with a small gap in between is known as - Q.354. The primary monetary policy technique employed by the Reserve Bank of India is ______. (1) Double Deflation (2) Deflation (3) Deep Recession (1) Reserve requirements (2) Open market operations (4) Double Dip Recession (5) None of these (3) Discount policy (4) Margin requirements Q.344. Which of the following terms is not used in Economics? (5) None of these (1) Balance of Payment (2) Call Money (3) National Debt Q.355. When a bank writes off a loan as bad, its ______. (4) Elasticity of Demand (5) Boyle's Law (1) Total assets and total liabilities decreases by that amount. Q.345. The Reserve Bank of India is regularly revising upwards the repo and reverse repo rates. Why is (2) Total liabilities and capital decreases by that amount. this being resorted to? (3) Total assets and capital decreases by that amount. (1) To check inflationary pressures in the economy (2) To Curb growth of black money (4) Total assets, total liabilities and capital decreases by the amount. (3) To encourage rise in interest rates on deposits. (4) To make bank loan costiler (5) None of these (5) None of these Q.356. Which of the following organisations maintains CRR? Q.346. 'Sub Prime Lending' is a term applied to the loans made to- (1) SEBI (2) RBI (3) Ministry of Finance (1) Those borrowers who do not have a good credit history. (4) NABARD (5) None of these (2) Those who wish to take loan against the mortgage of tangible assets. Q.357. Many a times we read in financial newspapers about channel financing. 'Channel Financing' is/are associated with ______. (3) Those who have a good credit history and are known to bank since 10 years. (A) SME lending (B) Supply chain finance (C) Retail lending (4) Those borrowers who are most preferred customers of the bank. (1) Only A (2) Only B (3) A and C (4) Only C (5) None of these (5) None of these Q.358. Invisible export means export of ______. Q.347. Expand the term ALM as used in Banking/Finance sector? (1) Services (2) Prohibited goods (3) Unrecorded goods (1) Asset Liability Mismatch (2) Asset Liability Maturity (4) Goods through smuggling (5) None of these (3) Asset Liability Management (4) Asset Liability Manpower Q.359. Which of the following is not the part of prudential guidelines issued by Reserve Bank of India? (5) None of these (1) Provisioning (2) Loan recovery rules (3) Asset classification Q.348. Basel - II norms are associated with which of the following aspects of the banking industry? (4) Income recognition (5) None of these (1) Risk Management (2) Manpower Planning Q.360. Payment of a cheque cannot be made on a cash counter of bank, if the cheque is ___ (3) Retirement benefits for the employees (4) Corporate governance (1) Bearer (2) cross (3) order (4) All of above (5) None of these (5) None of these Q.361. Bank draft is a ______Q.349. What is stagflation? (1) letter from the bank (1) Inflation with growth (2) Deflation with growth (2) cheque which a bank draws itself (3) Inflation after deflation (4) Inflation with recession (3) Instruction to a banker to collect a customer's debt. (5) None of these (4) Instruction not to honour a stop payment Q.350. SEBI is a - (5) None of these (1) Statutory body (2) Advisory body (3) Constitutional body Q.362. Which is not an example of near money? (4) Non-Statutory body (5) None of these (1) Bill of exchange Q.351. Which statement is correct for the Planning Commission of India? (2) Govt. bonds and debentures (1) It is not defined in Indian Constitution (3) Equity shares of Ranbaxy company limited (2) Its members and Deputy Chairman do not have any fixed working duration (4) Treasury bills of the Government of India (3) Its members do not require any minimum qualification. (5) None of these (4) All above are true Q.363. Demand pull inflation can be caused by money factors including ______(5) None of these (1) a fall in the consumption expenditure Q.352. As per the new guidelines issued by RBI, the minimum required capital to set up a bank by (2) a sharp increase in the unemployment corporates is set at ______. (3) a steep reduction in the direct taxation (1) Rs. 600 crore (2) Rs. 700 crore (3) Rs. 400 crore (4) an increase in the income tax (4) Rs. 500 crore (5) None of these (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.342. Which of the following agencies/organizations in India maintains the Micro Finance Development Q.353. The economy of India is/are facing which of the following problem/problems now a days? and equity fund? A. Huge trade deficits. (1) Confederation of Industries in India. (2) Indian Bank's Association B. Disequilibrium in balance of payments. (3) Small industries Development Bank of India (4) Reserve Bank of India C. High inflation and high food and commodity prices. (5) None of these (1) Only A (2) Only B (3) A and C (4) Only C (5) None of these Q.343. In the term of economics, the recession occuring two times with a small gap in between is known as - Q.354. The primary monetary policy technique employed by the Reserve Bank of India is ______. (1) Double Deflation (2) Deflation (3) Deep Recession (1) Reserve requirements (2) Open market operations (4) Double Dip Recession (5) None of these (3) Discount policy (4) Margin requirements Q.344. Which of the following terms is not used in Economics? (5) None of these (1) Balance of Payment (2) Call Money (3) National Debt Q.355. When a bank writes off a loan as bad, its ______. (4) Elasticity of Demand (5) Boyle's Law (1) Total assets and total liabilities decreases by that amount. Q.345. The Reserve Bank of India is regularly revising upwards the repo and reverse repo rates. Why is (2) Total liabilities and capital decreases by that amount. this being resorted to? (3) Total assets and capital decreases by that amount. (1) To check inflationary pressures in the economy (2) To Curb growth of black money (4) Total assets, total liabilities and capital decreases by the amount. (3) To encourage rise in interest rates on deposits. (4) To make bank loan costiler (5) None of these (5) None of these Q.356. Which of the following organisations maintains CRR? Q.346. 'Sub Prime Lending' is a term applied to the loans made to- (1) SEBI (2) RBI (3) Ministry of Finance (1) Those borrowers who do not have a good credit history. (4) NABARD (5) None of these (2) Those who wish to take loan against the mortgage of tangible assets. Q.357. Many a times we read in financial newspapers about channel financing. 'Channel Financing' is/are associated with ______. (3) Those who have a good credit history and are known to bank since 10 years. (A) SME lending (B) Supply chain finance (C) Retail lending (4) Those borrowers who are most preferred customers of the bank. (1) Only A (2) Only B (3) A and C (4) Only C (5) None of these (5) None of these Q.358. Invisible export means export of ______. Q.347. Expand the term ALM as used in Banking/Finance sector? (1) Services (2) Prohibited goods (3) Unrecorded goods (1) Asset Liability Mismatch (2) Asset Liability Maturity (4) Goods through smuggling (5) None of these (3) Asset Liability Management (4) Asset Liability Manpower Q.359. Which of the following is not the part of prudential guidelines issued by Reserve Bank of India? (5) None of these (1) Provisioning (2) Loan recovery rules (3) Asset classification Q.348. Basel - II norms are associated with which of the following aspects of the banking industry? (4) Income recognition (5) None of these (1) Risk Management (2) Manpower Planning Q.360. Payment of a cheque cannot be made on a cash counter of bank, if the cheque is ___ (3) Retirement benefits for the employees (4) Corporate governance (1) Bearer (2) cross (3) order (4) All of above (5) None of these (5) None of these Q.361. Bank draft is a ______Q.349. What is stagflation? (1) letter from the bank (1) Inflation with growth (2) Deflation with growth (2) cheque which a bank draws itself (3) Inflation after deflation (4) Inflation with recession (3) Instruction to a banker to collect a customer's debt. (5) None of these (4) Instruction not to honour a stop payment Q.350. SEBI is a - (5) None of these (1) Statutory body (2) Advisory body (3) Constitutional body Q.362. Which is not an example of near money? (4) Non-Statutory body (5) None of these (1) Bill of exchange Q.351. Which statement is correct for the Planning Commission of India? (2) Govt. bonds and debentures (1) It is not defined in Indian Constitution (3) Equity shares of Ranbaxy company limited (2) Its members and Deputy Chairman do not have any fixed working duration (4) Treasury bills of the Government of India (3) Its members do not require any minimum qualification. (5) None of these (4) All above are true Q.363. Demand pull inflation can be caused by money factors including ______(5) None of these (1) a fall in the consumption expenditure Q.352. As per the new guidelines issued by RBI, the minimum required capital to set up a bank by (2) a sharp increase in the unemployment corporates is set at ______. (3) a steep reduction in the direct taxation (1) Rs. 600 crore (2) Rs. 700 crore (3) Rs. 400 crore (4) an increase in the income tax (4) Rs. 500 crore (5) None of these (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.364. Which of the following is not a function of the commercial Bank ? Q.377. Contractual savings institutions include ______(1) Acting as a lender of last resort. (1) Commercial banks & thrifts (2) Lending to the private and public sectors (2) Finance companies and mutual funds (3) The provision of a cheque system for setting debts (3) Life insurance companies and pension funds (4) The provision of safe deposit facilities (4) All of above (5) None of these (5) None of these Q.365. A customer does not require a bank account to obtain ______Q.378. In which year did the United Nations General Assembly adopted the World Environment Day? (1) 1970 (2) 1972 (3) 1981 (4) 1985 (5) None of these (1) a loan (2) an overdraft (3) a cheque Q.379. Foreign bank means a bank ______(4) a banker's draft (5) None of these (A) That has been incorporated outside India Q.366. Which of the following banks were merged into to form Imperial Bank of India? (B) That has its 51% or more branches outside India (1) Bank of Bengal (2) Bank of Madras (3) Bank of Bombay (C) Whose more than 51% equity capital is owned by foreigner. (4) Bank of Gujarat (5) 1, 2 and 3 (1) Only A (2) A and B (3) B and C (4) A, B and C (5) None of these Q.367. Which bank launched India’s first loan disbursement card? Q.380. RRB's were established on the recommendations of ______. (1) SBI (2) UTI (3) IDBI (4) ICICI (5) None of these (1) Narsimham committee (2) N. L. Dantwala committee Q.368. For which of the following banks, did RBI introduce the scheme ‘protected disclosure’? (3) B.Shivraman Committee (4) S. M. Kelkar committee (1) Private Banks (2) Co-operative Banks (5) none of these (3) Foreign Banks (4) 1 and 3 Q.381. Contribution of Central Government, State Government and Sponsored Bank in paid up capital of a Regional Rural Banks is in the ratio of ______(5) 2 and 3 (1) 50: 15: 35 (2) 60: 25: 15 (3) 60: 20: 20 (4) 50: 25: 25 (5) None of these Q.369. 'The Decade of Action for Road safety' campaign by ______was launched in India recently. Q.382. Which of the following terms indicates a mechanism used by commercial banks for providing credit (1) World Bank (2) UNO (3) WTO (4) SAARC Nations (5) None of these to the government? Q.370. External Commercial Borrowings is a part of ______(1) Cash Credit Ratio (2) Debt Service Obligation (1) Balance of Payment (2) Balance of Trade (3) Current Account (3) Liquidity Adjustment Facility (4) Statutory Liquidity Ratio (4) Capital Account (5) None of these (5) None of these Q.371. What is the current duration of New Foreign Trade Policy? Q.383. In the opinion of the Governor of Reserve Bank of India, which one of the following is the reason (1) 2004-2009 (2) 2009-2014 (3) 2010 -2015 (4) 2007-2012 (5) None of these owing to which india’s inflation is accelerating ? (1) Excess liquidity in market. (2) Speculation in essential goods Q.372. Adequacy of bank's liquidity position depends upon ______(3) Higher Food cost (4) Commodities Futures (1) Source of funds (2) Anticipated future funding needs (5) None of these (3) Present and future earnings capacity (4) All of above Q.384. The tagline of Indian Overseas Bank is - (5) none of these (1) Good people to grow with (2) Good people to banks with (3) Pure banking Q.373. RBI's open market operation transactions are carried out with a view to regulate ______(4) Only Banking nothing else (5) None of these (1) Liquidity in the economy (2) Prices of essential commodities Q.385. The organisation is responsible for calculating National Income is - (3) Inflation (4) Borrowing power of banks (1) CSO (2) NSSO (3) RBI (4) SBI (5) None of these (5) All of above Q.386. RBI was Nationalized on - Q.374. Currency swap is an instrument to manage ______(1) 1st Apri 1949 (2) 1st Jan 1949 (3) 1st September 1949 (1) Currency risk (2) Currency & interest rate risk (4) 1st December 1949 (5) None of these (3) Cash flows in different currency (4) Interest rate risk Q.387. The minimum limit with RTGS is ______(5) All of above (1) 2 lakh (2) 3 lakh (3) 4 lakh (4) 6 lakh (5) None of these Q.375. BASEL - III will be implemented from _____. Q.388. The idea of Lokpal has emanated from the office of Ombudsman, which is prevalant in ______countries ? (1) 2012 (2) 2013 (3) 2014 (4) 2015 (5) None of these (1) Latin Amircian (2) South East Asian (3) Scandivanian Q.376. Which of the following in not included in M2? (4) European (5) African (1) Currency and coins (2) Corporate bonds held by firms and individuals Q.389. The tax on Import and Export is known as - (3) Demand deposits (4) Money market mutual fund shares (1) Income Tax (2) Trade Tax (3) Custom duty (5) none of these (4) Commercial Tax (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.364. Which of the following is not a function of the commercial Bank ? Q.377. Contractual savings institutions include ______(1) Acting as a lender of last resort. (1) Commercial banks & thrifts (2) Lending to the private and public sectors (2) Finance companies and mutual funds (3) The provision of a cheque system for setting debts (3) Life insurance companies and pension funds (4) The provision of safe deposit facilities (4) All of above (5) None of these (5) None of these Q.365. A customer does not require a bank account to obtain ______Q.378. In which year did the United Nations General Assembly adopted the World Environment Day? (1) 1970 (2) 1972 (3) 1981 (4) 1985 (5) None of these (1) a loan (2) an overdraft (3) a cheque Q.379. Foreign bank means a bank ______(4) a banker's draft (5) None of these (A) That has been incorporated outside India Q.366. Which of the following banks were merged into to form Imperial Bank of India? (B) That has its 51% or more branches outside India (1) Bank of Bengal (2) Bank of Madras (3) Bank of Bombay (C) Whose more than 51% equity capital is owned by foreigner. (4) Bank of Gujarat (5) 1, 2 and 3 (1) Only A (2) A and B (3) B and C (4) A, B and C (5) None of these Q.367. Which bank launched India’s first loan disbursement card? Q.380. RRB's were established on the recommendations of ______. (1) SBI (2) UTI (3) IDBI (4) ICICI (5) None of these (1) Narsimham committee (2) N. L. Dantwala committee Q.368. For which of the following banks, did RBI introduce the scheme ‘protected disclosure’? (3) B.Shivraman Committee (4) S. M. Kelkar committee (1) Private Banks (2) Co-operative Banks (5) none of these (3) Foreign Banks (4) 1 and 3 Q.381. Contribution of Central Government, State Government and Sponsored Bank in paid up capital of a Regional Rural Banks is in the ratio of ______(5) 2 and 3 (1) 50: 15: 35 (2) 60: 25: 15 (3) 60: 20: 20 (4) 50: 25: 25 (5) None of these Q.369. 'The Decade of Action for Road safety' campaign by ______was launched in India recently. Q.382. Which of the following terms indicates a mechanism used by commercial banks for providing credit (1) World Bank (2) UNO (3) WTO (4) SAARC Nations (5) None of these to the government? Q.370. External Commercial Borrowings is a part of ______(1) Cash Credit Ratio (2) Debt Service Obligation (1) Balance of Payment (2) Balance of Trade (3) Current Account (3) Liquidity Adjustment Facility (4) Statutory Liquidity Ratio (4) Capital Account (5) None of these (5) None of these Q.371. What is the current duration of New Foreign Trade Policy? Q.383. In the opinion of the Governor of Reserve Bank of India, which one of the following is the reason (1) 2004-2009 (2) 2009-2014 (3) 2010 -2015 (4) 2007-2012 (5) None of these owing to which india’s inflation is accelerating ? (1) Excess liquidity in market. (2) Speculation in essential goods Q.372. Adequacy of bank's liquidity position depends upon ______(3) Higher Food cost (4) Commodities Futures (1) Source of funds (2) Anticipated future funding needs (5) None of these (3) Present and future earnings capacity (4) All of above Q.384. The tagline of Indian Overseas Bank is - (5) none of these (1) Good people to grow with (2) Good people to banks with (3) Pure banking Q.373. RBI's open market operation transactions are carried out with a view to regulate ______(4) Only Banking nothing else (5) None of these (1) Liquidity in the economy (2) Prices of essential commodities Q.385. The organisation is responsible for calculating National Income is - (3) Inflation (4) Borrowing power of banks (1) CSO (2) NSSO (3) RBI (4) SBI (5) None of these (5) All of above Q.386. RBI was Nationalized on - Q.374. Currency swap is an instrument to manage ______(1) 1st Apri 1949 (2) 1st Jan 1949 (3) 1st September 1949 (1) Currency risk (2) Currency & interest rate risk (4) 1st December 1949 (5) None of these (3) Cash flows in different currency (4) Interest rate risk Q.387. The minimum limit with RTGS is ______(5) All of above (1) 2 lakh (2) 3 lakh (3) 4 lakh (4) 6 lakh (5) None of these Q.375. BASEL - III will be implemented from _____. Q.388. The idea of Lokpal has emanated from the office of Ombudsman, which is prevalant in ______countries ? (1) 2012 (2) 2013 (3) 2014 (4) 2015 (5) None of these (1) Latin Amircian (2) South East Asian (3) Scandivanian Q.376. Which of the following in not included in M2? (4) European (5) African (1) Currency and coins (2) Corporate bonds held by firms and individuals Q.389. The tax on Import and Export is known as - (3) Demand deposits (4) Money market mutual fund shares (1) Income Tax (2) Trade Tax (3) Custom duty (5) none of these (4) Commercial Tax (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.390. The National Rural Livelihood Mission (NRLM) was launched recently. Q.401. Which of the following describes the term 'legal tender? Which of the following statement is/are correct regarding NRLM ? (1) Any object legally used as money in a country (A) NRLM seeks to bring the rural poor under the self help group (SHG) network. (2) Money which cannot legally be refused in discharge of a debt (B) Servics of Business correspondent (3) Bank notes where they are in legal circulation (C) NRLM will facilitate access of bank credit to those covered under the mission (4) Notes or coins other than the counterfeited ones (1) Only A (2) Only A & B (3) Only B and C (5) None of these (4) Only A and C (5) None of these Q.402. What is the share of sponsor bank in the capital of RRB ? Q.391. The rate of interest on term deposits in banks is stipulated by which of the following ? (1) 35% (2) 49% (3) 51% (4) 71% (5) None of these (1) RBI (2) Government of India Q.403. The word NELP is associated with _____ (3) Indian Banks Association (4) Banking codes and standards board of India (1) Discovery of Oil & Natural Gas (2) National Highway extension (5)Bank Itself (3) Communication (4) Space research Q.392. Chief of RBI is known as ------(5) Power sector (1) President (2) Chairman (3) Managing director Q.404. What is the base year for WPI (Whole Sale Price Index) ? (4) Director (5) None of these (1) 2004-05 (2) 2003-04 (3) 2002-03 Q.393. In order to streamline the functioning of MFI sector the RBI has appointed a committee. The (4) 2005-06 (5) None of these committee was headed by ------Q.405. RBI increases Repo Rate to control which economic situation of economy ? (1) Dr. Y.V. Reddy (2) Shri M.V. Nair (3) Sri Y.H. Malegam (1) Deflation (2) Inflation (3) Recession (4) Dr. D. Subbarao (5) None of these (4) Stagflation (5) None of these Q.394. Which of the following is/are the depositories in India handling dematerialized shares ? Q.406. A limited company is ______(A) National payment corporation of India (1) In which shareholders possess the ownership limited to their paid up capital (B) Central depository services limited (2) In which shares are issued (C) Bombay stock exchange (BSE) (3) A company of Govt. ownership (1) Only A & B (2) Only A (3) Only B (4) A registered company (4) Only C (5) None of these (5) None of these Q.395. What is the total number of stock exchanges in India ? Q.407. What is the objective of Kisan call centre ? (1) 21 (2) 22 (3) 23 (4) 24 (5) None of these (1) To ensure the supply of fertilizer to farmers on suitable rates Q.396. Resident foreign currency account can open only for------(2) Distribution of HYV seeds (1) Scheduled commercial banks (2) Public sector banks (3) To provide agriculture credit at concessional rate (3) Private sector Banks (4) Regional Rural banks (4) To provide consultancy service related to agriculture (5) None of these (5) None of these Q.397. First bank operated by Indians on limited liability basis was ------Q.408. Moral Suasion is ------(1) A term descriptive of corrupt practices of many banks (1) Punjab National Bank (2) Oudh Commncial Bank (2) A term applied to banks that are conservative in their banking practices (3) Allahabad Bank (4) Imperial Bank of India (3) Persuasion of banks to adhere to central bank desires (5) None of these (4) It denotes conduct or character that is bad and vice Q.398. Body which regulates microfinance is - (5) None of these (1) RBI (2) Indian Banks Association (3) NABARD Q.409. Which of the following rates is not determined by RBI ? (4) SIDBI (5) None of these (1) Bank Rate (2) CRR (3) SCR (4) PLR (5) MSF Q.399. Govt's Income from issuance of note is part of ------Q.410. Which of the following were called the Presidency Bank ? (1) Tax Revenue Receipts (2) Non tax Revenue (A) Bank of Bengal , Bank of Madras, Bank of India. (3) Capital Receipts (4) Non debt capital Receipts (B) Bank of Bengal , Bank of Bombay, Bank of Madras (5) None of these (C) State Bank of India, Punjab National Bank, Allahabad Bank Q.400. The Rajiv Gandhi Action plan, put forwarded in 1988 is related to which among the following ? (1) Only A (2) Only B (3) Only C (4) Both A & B (5) Only A & C (1) Environmental Protection (2) Nuclear Disarmament Q.411. When was New Bank of India merged with Punjab National Bank ? (3) Information Technology (4) Multilateral Trade (1) 4th sept 1993 (2) 4th sept 1983 (3) 1st July 1935 (5) None of these (4) 2nd October 1995 (5) 2nd April 1993 Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.390. The National Rural Livelihood Mission (NRLM) was launched recently. Q.401. Which of the following describes the term 'legal tender? Which of the following statement is/are correct regarding NRLM ? (1) Any object legally used as money in a country (A) NRLM seeks to bring the rural poor under the self help group (SHG) network. (2) Money which cannot legally be refused in discharge of a debt (B) Servics of Business correspondent (3) Bank notes where they are in legal circulation (C) NRLM will facilitate access of bank credit to those covered under the mission (4) Notes or coins other than the counterfeited ones (1) Only A (2) Only A & B (3) Only B and C (5) None of these (4) Only A and C (5) None of these Q.402. What is the share of sponsor bank in the capital of RRB ? Q.391. The rate of interest on term deposits in banks is stipulated by which of the following ? (1) 35% (2) 49% (3) 51% (4) 71% (5) None of these (1) RBI (2) Government of India Q.403. The word NELP is associated with _____ (3) Indian Banks Association (4) Banking codes and standards board of India (1) Discovery of Oil & Natural Gas (2) National Highway extension (5)Bank Itself (3) Communication (4) Space research Q.392. Chief of RBI is known as ------(5) Power sector (1) President (2) Chairman (3) Managing director Q.404. What is the base year for WPI (Whole Sale Price Index) ? (4) Director (5) None of these (1) 2004-05 (2) 2003-04 (3) 2002-03 Q.393. In order to streamline the functioning of MFI sector the RBI has appointed a committee. The (4) 2005-06 (5) None of these committee was headed by ------Q.405. RBI increases Repo Rate to control which economic situation of economy ? (1) Dr. Y.V. Reddy (2) Shri M.V. Nair (3) Sri Y.H. Malegam (1) Deflation (2) Inflation (3) Recession (4) Dr. D. Subbarao (5) None of these (4) Stagflation (5) None of these Q.394. Which of the following is/are the depositories in India handling dematerialized shares ? Q.406. A limited company is ______(A) National payment corporation of India (1) In which shareholders possess the ownership limited to their paid up capital (B) Central depository services limited (2) In which shares are issued (C) Bombay stock exchange (BSE) (3) A company of Govt. ownership (1) Only A & B (2) Only A (3) Only B (4) A registered company (4) Only C (5) None of these (5) None of these Q.395. What is the total number of stock exchanges in India ? Q.407. What is the objective of Kisan call centre ? (1) 21 (2) 22 (3) 23 (4) 24 (5) None of these (1) To ensure the supply of fertilizer to farmers on suitable rates Q.396. Resident foreign currency account can open only for------(2) Distribution of HYV seeds (1) Scheduled commercial banks (2) Public sector banks (3) To provide agriculture credit at concessional rate (3) Private sector Banks (4) Regional Rural banks (4) To provide consultancy service related to agriculture (5) None of these (5) None of these Q.397. First bank operated by Indians on limited liability basis was ------Q.408. Moral Suasion is ------(1) A term descriptive of corrupt practices of many banks (1) Punjab National Bank (2) Oudh Commncial Bank (2) A term applied to banks that are conservative in their banking practices (3) Allahabad Bank (4) Imperial Bank of India (3) Persuasion of banks to adhere to central bank desires (5) None of these (4) It denotes conduct or character that is bad and vice Q.398. Body which regulates microfinance is - (5) None of these (1) RBI (2) Indian Banks Association (3) NABARD Q.409. Which of the following rates is not determined by RBI ? (4) SIDBI (5) None of these (1) Bank Rate (2) CRR (3) SCR (4) PLR (5) MSF Q.399. Govt's Income from issuance of note is part of ------Q.410. Which of the following were called the Presidency Bank ? (1) Tax Revenue Receipts (2) Non tax Revenue (A) Bank of Bengal , Bank of Madras, Bank of India. (3) Capital Receipts (4) Non debt capital Receipts (B) Bank of Bengal , Bank of Bombay, Bank of Madras (5) None of these (C) State Bank of India, Punjab National Bank, Allahabad Bank Q.400. The Rajiv Gandhi Action plan, put forwarded in 1988 is related to which among the following ? (1) Only A (2) Only B (3) Only C (4) Both A & B (5) Only A & C (1) Environmental Protection (2) Nuclear Disarmament Q.411. When was New Bank of India merged with Punjab National Bank ? (3) Information Technology (4) Multilateral Trade (1) 4th sept 1993 (2) 4th sept 1983 (3) 1st July 1935 (5) None of these (4) 2nd October 1995 (5) 2nd April 1993 Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.412. Which of the following deposits is not accepted by commercial banks? Q.424. In addition to cash dispensing, the other services/facilities available at ATMs includes _____. (1) Fixed Deposit (2) Demand Deposit (A) Account information (3) Saving Deposit (4) Public Account Deposit (B) Purchase of Re-load Vouchers for mobiles (5) None of these (C) Loan account enquiry Q.413. Which of the following in not the method of measuring National Income ? (1) Only A (2) Only B (3) Only C (4) All A, B and C (5) None of these (1) Product method (2) Income Method (3) Consumption Method Q.425. An EEFC (Exchange Earner's Foreign Currency) account can be held only in the form of ____. (4) Production method (5) None of these (1) Saving Account (2) Current Accoun (3) Fixed Deposit Account Q.414. What is the total No. of PSEs companies listed in Navratna status ? (4) Nostro Account (5) None of these (1) 9 (2) 10 (3) 16 (4) 12 (5) None of these Q.426. Reserve Bank of India relies on data submitted by Banks and quality of data is of great importance. Q.415. Who is the chairman of Indian oil corporation Ltd ? In order to meet the need for correct and consistent data, RBI has initiated the project on ADF. What (1) N.C. Jha (2) B. Ashok (3) A.K. Hazarika is the full form of ADF? (4) D. Subbarao (5) Chandra Sekhar Verma (1) Automated Data Flow (2) Automatic Document Feeder Q.416. The International monetary fund (IMF) is an organization of ______countries (3) Automatically Defined Function (4) Automatic Direction Finder (1) 237 (2) 126 (3) 188 (4) 430 (5) 200 (5) None of these Q.417. According to RBI Governor, which one of the following is a major challenge to its monetary policy ? Q.427. Consider the following:- (1) Policies of World Trade Organisation (A) Public Sector Undertakings (2) High cost of imports (B) Private Sector Companies (3) Fiscal deficit (C) Ministries and Departments (4) Inflation and supportive recovery of Economy Which among the above are eligible for Indira Gandhi Rajbhasha Awards for outstanding (5) None of these achievements in the implementation of Hindi ? Q.418. Which one of the following denomination of plastic notes is proposed to be introduced by RBI ? (1) A & C (2) A & B (3) B & C (4) A, B & C (5) None of these (1) 5 (2) 10 (3) 20 (4) 50 (5)100 Q.428. Where is located India’s first operational special economic zone (SEZ) ? Q.419. Which of the following documents is/are generally sought for Housing loan approval? (1) Ahmedabad (2) Surat (3) Jaipur (4) Indore (5) None of these (A) Residence proof Q.429. Who among the following are the beneficiaries of the “Reverse Mortgage Scheme”. ? (B) Latest salary slip (1) Government Employees (2) Senior Citizens (C) Last 6 months bank statements (3) Unemployed Persons (4) Persons of BPL Category (1) Only A (2) Only B (3) All A, B and C (5) None of these (4) A and C (5) None of these Q.430. Under which among the following acts, Hawala transactions are banned in India ? Q.420. Whether loss-making banks can make donations? (1) FERA (2) FEMA (3) FRBMA (4) AFSPA (5) None of these (1) Upto Rs. 5 lakh only (2) No (3) Upto Rs. 8 lakh only Q.431. Consider the following: (4) Upto Rs. 2 lakh only (5) None of these (A) Liquidity Adjustment Facility Q.421. The Basic Banking Services of a Bank include/includes ______. (B) Devaluation of Currency (A) Services relating to deposit accounts (C) Open Market Operations (B) Remittance facilities Which among the above are Fiscal Measures? (C) Collection facilities (1) A & B (2) B & C (3) A & C (4) Only B (5) None of these (1) Only A (2) All A, B and C (3) Only B (4) Only C (5) None of these Q.432. Which among the following terms is commonly not associated with Budgets in India? Q.422. Which of the following are not insured by the Deposit Insurance and Credit guarantee Corporation (DICGC)? (1) Outcome Budget (2) Gender Budget (3) Austerity Budget (1) Commercial Banks (2) Local Area Banks (4) Gross Budgetary Support (5) None of these (3) Regional Rural Banks (4) Primary Co-operative Societies Q.433. Which of the following is not helpful in controlling the money supply ? (5) None of these (1) Changes in reserve requirements (2) CRR Q.423. In which of the following sector/sectors FDI is not allowed in India, under the automatic route as well (3) Open market policy (4) Bank rate as the government route? (5) None of these (A) Gambling and Betting Q.434. Which of the following is a form of "Small Savings Bank" popular among the poor or children ? (B) Atomic Energy (1) Core Banking (2) Credit Banking (3) Debit Card (C) Retail Trading (Except single brand product retailing) (4) Merchant Banking (5) Piggy Banking (1) All A, B and C (2) Only A (3) Only B (4) Only C (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.412. Which of the following deposits is not accepted by commercial banks? Q.424. In addition to cash dispensing, the other services/facilities available at ATMs includes _____. (1) Fixed Deposit (2) Demand Deposit (A) Account information (3) Saving Deposit (4) Public Account Deposit (B) Purchase of Re-load Vouchers for mobiles (5) None of these (C) Loan account enquiry Q.413. Which of the following in not the method of measuring National Income ? (1) Only A (2) Only B (3) Only C (4) All A, B and C (5) None of these (1) Product method (2) Income Method (3) Consumption Method Q.425. An EEFC (Exchange Earner's Foreign Currency) account can be held only in the form of ____. (4) Production method (5) None of these (1) Saving Account (2) Current Accoun (3) Fixed Deposit Account Q.414. What is the total No. of PSEs companies listed in Navratna status ? (4) Nostro Account (5) None of these (1) 9 (2) 10 (3) 16 (4) 12 (5) None of these Q.426. Reserve Bank of India relies on data submitted by Banks and quality of data is of great importance. Q.415. Who is the chairman of Indian oil corporation Ltd ? In order to meet the need for correct and consistent data, RBI has initiated the project on ADF. What (1) N.C. Jha (2) B. Ashok (3) A.K. Hazarika is the full form of ADF? (4) D. Subbarao (5) Chandra Sekhar Verma (1) Automated Data Flow (2) Automatic Document Feeder Q.416. The International monetary fund (IMF) is an organization of ______countries (3) Automatically Defined Function (4) Automatic Direction Finder (1) 237 (2) 126 (3) 188 (4) 430 (5) 200 (5) None of these Q.417. According to RBI Governor, which one of the following is a major challenge to its monetary policy ? Q.427. Consider the following:- (1) Policies of World Trade Organisation (A) Public Sector Undertakings (2) High cost of imports (B) Private Sector Companies (3) Fiscal deficit (C) Ministries and Departments (4) Inflation and supportive recovery of Economy Which among the above are eligible for Indira Gandhi Rajbhasha Awards for outstanding (5) None of these achievements in the implementation of Hindi ? Q.418. Which one of the following denomination of plastic notes is proposed to be introduced by RBI ? (1) A & C (2) A & B (3) B & C (4) A, B & C (5) None of these (1) 5 (2) 10 (3) 20 (4) 50 (5)100 Q.428. Where is located India’s first operational special economic zone (SEZ) ? Q.419. Which of the following documents is/are generally sought for Housing loan approval? (1) Ahmedabad (2) Surat (3) Jaipur (4) Indore (5) None of these (A) Residence proof Q.429. Who among the following are the beneficiaries of the “Reverse Mortgage Scheme”. ? (B) Latest salary slip (1) Government Employees (2) Senior Citizens (C) Last 6 months bank statements (3) Unemployed Persons (4) Persons of BPL Category (1) Only A (2) Only B (3) All A, B and C (5) None of these (4) A and C (5) None of these Q.430. Under which among the following acts, Hawala transactions are banned in India ? Q.420. Whether loss-making banks can make donations? (1) FERA (2) FEMA (3) FRBMA (4) AFSPA (5) None of these (1) Upto Rs. 5 lakh only (2) No (3) Upto Rs. 8 lakh only Q.431. Consider the following: (4) Upto Rs. 2 lakh only (5) None of these (A) Liquidity Adjustment Facility Q.421. The Basic Banking Services of a Bank include/includes ______. (B) Devaluation of Currency (A) Services relating to deposit accounts (C) Open Market Operations (B) Remittance facilities Which among the above are Fiscal Measures? (C) Collection facilities (1) A & B (2) B & C (3) A & C (4) Only B (5) None of these (1) Only A (2) All A, B and C (3) Only B (4) Only C (5) None of these Q.432. Which among the following terms is commonly not associated with Budgets in India? Q.422. Which of the following are not insured by the Deposit Insurance and Credit guarantee Corporation (DICGC)? (1) Outcome Budget (2) Gender Budget (3) Austerity Budget (1) Commercial Banks (2) Local Area Banks (4) Gross Budgetary Support (5) None of these (3) Regional Rural Banks (4) Primary Co-operative Societies Q.433. Which of the following is not helpful in controlling the money supply ? (5) None of these (1) Changes in reserve requirements (2) CRR Q.423. In which of the following sector/sectors FDI is not allowed in India, under the automatic route as well (3) Open market policy (4) Bank rate as the government route? (5) None of these (A) Gambling and Betting Q.434. Which of the following is a form of "Small Savings Bank" popular among the poor or children ? (B) Atomic Energy (1) Core Banking (2) Credit Banking (3) Debit Card (C) Retail Trading (Except single brand product retailing) (4) Merchant Banking (5) Piggy Banking (1) All A, B and C (2) Only A (3) Only B (4) Only C (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.435. Which of the following statement(s) is/are not true about overdraft ? Q.444. Banking Regulation Act 1949 does not apply to ______(A) It occurs when the account balance reaches the level of minimum balance. (1) Nationalised Banks (B) It is a form of credit extended by a creditor when the account balance reaches zero. (2) Foreign Banks having branches in india (C) Overdrafts allow bank clients to withdraw money even when there are no funds in the account. (3) State Bank of India and its associates Banks (1) Only A and B (2) Only B (3) Only A and C (4) Primary agricultural credit socities and co-operative land mortgage banks (4) Only A (5) Only B and C (5) None of these Q.436. Which statement correctly describes ‘Bridge financing' ? Q.445. The various means of Electronic Payment Systems Includes______(1) Finance provided to bridge the gap between poor and the rich. (A) Credit Card (2) Bridge financing begins at the end of the first loan and ends with the start of the second loan. (B) Debit Card (3) Bridge financing ends at the start of the first loan and starts with the end of the second loan. (C) ATM Card (4) Finance provided to bridge the gap between Rural and the Urban people. (1!) Only A (2) Only B (3) Only C (4) All A,B & C (5) None of these (5) Bridge financing is provided to fill the social gaps. Q.446. Which of the following will replace the present tax structure like income tax, corporate tax etc from Q.437. A very large loan extended by a group of small banks to a single borrower, especially corporate next year ? borrowers is known as ______. (1) GST (2) CENVAT (3) DTC (4) MODVAT (5) None of these (1) Syndicated Loan (2) Group Loan (3) Standard Loan Q.447. What is the maximum amount of loan available to individuals on securities of demat shares ? (4) Organised Loan (5) None of these (1) `10 lacs (2) `15 lacs (3) `20 lacs (4) `25 lacs (5) None of these Q.438. The public debt office function under the control of ______Q.448. Which one of the following monitors the liberalized remittance scheme, through which resident (1) Ministry of Finance (2) Reserve Bank of India (3) SEBI individuals may remit up to USD 200,000 per financial year for any permitted capital and current account transactions or a combination of both ? (4) IRDA (5) None of these (1) Ministry of Finance (2) Ministry of Overseas Indian Affairs Q.439. Consider the following- (3) Department of Posts (4) Reserve Bank of India (A) Goodwill (5) None of These (B) Trademarks, Copyrights or Patents Q.449. What is the minimum period for which an NRE (Non Resident External) term deposit account can (C) Government Securities be opened ? (D) Tax Refunds (1) 12 months (2) 36 months (3) 60 months (4) 52 months (5) None of these (E) Certificates of Deposit Q.450. Which of the following is not true about RTGS transaction ? Which of these are the examples of liquid assets ? (1) The minimum amount to be remitted through RTGS is Rs. 2 lakh. (1) A, B, and C (2) C and D (3) C, D and E (4) A, B and E (5) All of these (2) There is no ceiling for RTGS transactions. Q.440. Which of the following describes Hot Money ? (3) Transactions are settled in batches (A) Flow of funds (or capital) from one country to another in order to earn a short-term profit on (4) Inward transactions are free interest rate differences and/or anticipated exchange rate shifts. (5) None of these (B) Speculative capital flows that move very quickly in and out of markets. Q.451. If a credit card is lost, the card member should call up the Customer Helpline number and he says (C) Capital that is responsible for stabilizing domestic money market. his request for deactivating the card. This is called- (1) Only A and C (2) Only B (3) Only A and B (1) Hotlisting (2) Crosslisting (3) Shortlisting (4) Blocklisting (5) None of these. (4) Only A (5) None of these Q.452. A cheque which is issued today must be presented before at bank for payment within a stipulated Q.441. When the exchange rate is adjusted so that an identical good in two different countries has the same period. After expiry of that period, no payment will be made and it is then called ———. price when expressed in the same currency. It is called______. (1) Mutilated Cheque (2) Stale cheque (3) Crossed cheque (1) Purchasing Power Parity (2) Bank Rate (3) Wage Rate (4) Open cheque (5) None of these (4) Exchange Rate (5) None of these Q.453. Which of the following is not true about NPA in banks ? Q.442. Prior approval (as also a licence) of RBI is required for opening______. (1) It is usually a loan that is not producing income (A) Personal banking branches (2) It is created If a borrower misses paying his equated monthly instalment (EMI) for 90 days. (B) Merchant banking branches (3) High NPA are a sign of good financial health. (C) Asset recovery branches (4) Asset Reconstruction Companies (ARC's)buy bank NPA at a discount along with the right to (1) Only A and C (2) Only B (3) All A,B and C (4) Only A (5) None of these recover the money. Q.443. Treasury bill is ______(5) None of these (1) Negotiable security (2) Non negotiable security Q.454. What is the maximum population limit for a commercial bank branch to be declared as rural branch? (3) No security at all (4) Quasi negotiable security (1) 1 lac (2) 2 lac (3) 4 lac (4) 5 lac (5) None of these. (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.435. Which of the following statement(s) is/are not true about overdraft ? Q.444. Banking Regulation Act 1949 does not apply to ______(A) It occurs when the account balance reaches the level of minimum balance. (1) Nationalised Banks (B) It is a form of credit extended by a creditor when the account balance reaches zero. (2) Foreign Banks having branches in india (C) Overdrafts allow bank clients to withdraw money even when there are no funds in the account. (3) State Bank of India and its associates Banks (1) Only A and B (2) Only B (3) Only A and C (4) Primary agricultural credit socities and co-operative land mortgage banks (4) Only A (5) Only B and C (5) None of these Q.436. Which statement correctly describes ‘Bridge financing' ? Q.445. The various means of Electronic Payment Systems Includes______(1) Finance provided to bridge the gap between poor and the rich. (A) Credit Card (2) Bridge financing begins at the end of the first loan and ends with the start of the second loan. (B) Debit Card (3) Bridge financing ends at the start of the first loan and starts with the end of the second loan. (C) ATM Card (4) Finance provided to bridge the gap between Rural and the Urban people. (1!) Only A (2) Only B (3) Only C (4) All A,B & C (5) None of these (5) Bridge financing is provided to fill the social gaps. Q.446. Which of the following will replace the present tax structure like income tax, corporate tax etc from Q.437. A very large loan extended by a group of small banks to a single borrower, especially corporate next year ? borrowers is known as ______. (1) GST (2) CENVAT (3) DTC (4) MODVAT (5) None of these (1) Syndicated Loan (2) Group Loan (3) Standard Loan Q.447. What is the maximum amount of loan available to individuals on securities of demat shares ? (4) Organised Loan (5) None of these (1) `10 lacs (2) `15 lacs (3) `20 lacs (4) `25 lacs (5) None of these Q.438. The public debt office function under the control of ______Q.448. Which one of the following monitors the liberalized remittance scheme, through which resident (1) Ministry of Finance (2) Reserve Bank of India (3) SEBI individuals may remit up to USD 200,000 per financial year for any permitted capital and current account transactions or a combination of both ? (4) IRDA (5) None of these (1) Ministry of Finance (2) Ministry of Overseas Indian Affairs Q.439. Consider the following- (3) Department of Posts (4) Reserve Bank of India (A) Goodwill (5) None of These (B) Trademarks, Copyrights or Patents Q.449. What is the minimum period for which an NRE (Non Resident External) term deposit account can (C) Government Securities be opened ? (D) Tax Refunds (1) 12 months (2) 36 months (3) 60 months (4) 52 months (5) None of these (E) Certificates of Deposit Q.450. Which of the following is not true about RTGS transaction ? Which of these are the examples of liquid assets ? (1) The minimum amount to be remitted through RTGS is Rs. 2 lakh. (1) A, B, and C (2) C and D (3) C, D and E (4) A, B and E (5) All of these (2) There is no ceiling for RTGS transactions. Q.440. Which of the following describes Hot Money ? (3) Transactions are settled in batches (A) Flow of funds (or capital) from one country to another in order to earn a short-term profit on (4) Inward transactions are free interest rate differences and/or anticipated exchange rate shifts. (5) None of these (B) Speculative capital flows that move very quickly in and out of markets. Q.451. If a credit card is lost, the card member should call up the Customer Helpline number and he says (C) Capital that is responsible for stabilizing domestic money market. his request for deactivating the card. This is called- (1) Only A and C (2) Only B (3) Only A and B (1) Hotlisting (2) Crosslisting (3) Shortlisting (4) Blocklisting (5) None of these. (4) Only A (5) None of these Q.452. A cheque which is issued today must be presented before at bank for payment within a stipulated Q.441. When the exchange rate is adjusted so that an identical good in two different countries has the same period. After expiry of that period, no payment will be made and it is then called ———. price when expressed in the same currency. It is called______. (1) Mutilated Cheque (2) Stale cheque (3) Crossed cheque (1) Purchasing Power Parity (2) Bank Rate (3) Wage Rate (4) Open cheque (5) None of these (4) Exchange Rate (5) None of these Q.453. Which of the following is not true about NPA in banks ? Q.442. Prior approval (as also a licence) of RBI is required for opening______. (1) It is usually a loan that is not producing income (A) Personal banking branches (2) It is created If a borrower misses paying his equated monthly instalment (EMI) for 90 days. (B) Merchant banking branches (3) High NPA are a sign of good financial health. (C) Asset recovery branches (4) Asset Reconstruction Companies (ARC's)buy bank NPA at a discount along with the right to (1) Only A and C (2) Only B (3) All A,B and C (4) Only A (5) None of these recover the money. Q.443. Treasury bill is ______(5) None of these (1) Negotiable security (2) Non negotiable security Q.454. What is the maximum population limit for a commercial bank branch to be declared as rural branch? (3) No security at all (4) Quasi negotiable security (1) 1 lac (2) 2 lac (3) 4 lac (4) 5 lac (5) None of these. (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.455. What does Current Ratio mean? Q.464. Which of the following organizations is created specially for providing credit to small and medium (1) company’s ability to pay back its long-term liabilities enterprises in India ? (2) it is the ratio of net debt to total liabilities (1) NABARD (2) SIDBI (3) ECGC (3) it is the ratio of liquid assets to current liabilities (4) AMFI (5) None of these (4) company’s ability to pay back its short-term liabilities Q.465. What is full form of’NBFC’as used in financial sector ? (5) None of these (1) New Banking Finance Corporation Q.456. Interest spread is a commonly used term in banking. What does it describes ? (2) Non Banking Finance Company (1) The sum total of discount and interest from loans. (3) New Business Formation Company (2) aggregate deposits plus aggregate advances. (4) Net Banking & Finance Cooperative (3) total interest earned over total interest expended. (5) None of these (4) total interest earned less the non-interest expenses. Q.466. Which of the following terms is NOT used in the field of Banking / Finance ? (5) None of these (1) Goods & Services (2) Refund Q.457. Consider the following statements- (3) Tax Deducted at Source (4) Fundamental Duties of a citizen (A) The Kisan Credit Card (KCC) Scheme was introduced in August 2000. (5) Relief to exporters (B) Allied and non-farm activities are also covered under the Scheme. Q.467. What does the letter V denotes in the term VAT as used in banking world ? (C) Validity period of the KCC is 3 years. Which of the statements given above is/are true ? (1) Valuable (2) Various (3) Vendor (4) Very (5) Value (1) Only A (2) Only B (3) Only C Q.468. Which of the following is called the World Bank ? (4) All A, B and C (5) None of these (1) International Monetary Fund (2) Asian Development Bank Q.458. Recently RBI has directed Banks to issue prepaid Payment Instruments to listed Corporates. Which (3) World Trade Organisation (4) International Bank for Reconstruction and Development of the following are examples of prepaid Payment Instruments- (5) None of these (A) smart cards (B) paper vouchers Q.469. We frequently read about ' MFI' in newspapers. What is the full form of this term, which is used in (C) mobile accounts (D) internet wallets financial sector ? (1) Only A and B (2) Only B and C (3) Only A, B and D (1) Micro Finance Institutions (2) Micro Functional Issues (4) Only A, C and D (5) All A, B, C and D (3) Mutual Funds in India (4) Monetary Forum of India Q.459. Which of the following Private sector Banks has launched personal loan Swift? (5) Monetary and Financial Institutes (1) Axis Bank (2) ICICI Bank (3) HDFC Bank Q.470. With reference to Banking, The 15th day of a month is known as ______(4) IDBI Bank (5) None of these (1) Banking Day (2) Customer's Day (3) Holiday Q.460. The crop insurance scheme is being implemented at which among the following levels under the (4) Complaints Day (5) None of these National Agricultural Insurance Scheme (NAIS)? Q.471. 'A customer is a person who maintains an account with a Bank' This definition of the customer is as (1) Village (2) Panchayat (3) District (4) State (5) None of these per ______. Q.461. "Honours your Trust" is a Tag line of which bank ? (1) Banking Regulation Act,1949 (2) Negotiable Instrument Act,1881 (1) Andhra Bank (2) Vijaya Bank (3) Dena Bank (3) RBI Act,1934 (4) KYC guidelines of RBI (4) UCO Bank (5) None of these (5) None of these Q.462. Which among the following is / are the main objective(s) of National Green Crops ? (1) Educate youngsters about environment and eco-systems. Q.472. Which of the following cannot be endorsed ? (2) Prosecute and Punish the violators of Environment laws. (1) Fixed deposit receipt (2) Bank draft (3) Promissory note (3) Promote Green Products. (4) Cheque (5) None of these (4) All of above Q.473. Which of the following conducts supervision over Commercial Banks, Financial Institutions, NBFCs (5) None of these and other Para - Banking financial institutions in India ? Q.463. The Finance Ministry released the draft national public-private partnership (PPP) policy. Which of (1) SEBI (2) Ministry of Finance the following facts given below in this regard are NOT TRUE? (3) Board for Financial Supervision, RBI (4) Ministry of Corporate Affairs (A) PPP is aimed at creating a framework for implementing infrastructure projects across sectors. (5) None of these (B) It addresses the issues concerning definition of various terms and also processes so that a Q.474. The Export - Import Bank of India was set up in ______clear and consistent position can be adopted by stake holders, including centre, states and (1) April 1982 (2) January 1982 (3) April 1970 (4) July 1969 (5) None of these private investors. (C) The government is envisaging an investment of USD 7 trillion in infrastructure sector during Q.475. In India, the Real Time Gross Settlement has been implemented by ______the 12th Five-Year Plan (2012-17). (1) SEBI (2) IRDA (3) RBI (1) Only C (2) Only A and B (3) Only B and C (4) All of these (5) None of these (4) Ministry of Finance (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.455. What does Current Ratio mean? Q.464. Which of the following organizations is created specially for providing credit to small and medium (1) company’s ability to pay back its long-term liabilities enterprises in India ? (2) it is the ratio of net debt to total liabilities (1) NABARD (2) SIDBI (3) ECGC (3) it is the ratio of liquid assets to current liabilities (4) AMFI (5) None of these (4) company’s ability to pay back its short-term liabilities Q.465. What is full form of’NBFC’as used in financial sector ? (5) None of these (1) New Banking Finance Corporation Q.456. Interest spread is a commonly used term in banking. What does it describes ? (2) Non Banking Finance Company (1) The sum total of discount and interest from loans. (3) New Business Formation Company (2) aggregate deposits plus aggregate advances. (4) Net Banking & Finance Cooperative (3) total interest earned over total interest expended. (5) None of these (4) total interest earned less the non-interest expenses. Q.466. Which of the following terms is NOT used in the field of Banking / Finance ? (5) None of these (1) Goods & Services (2) Refund Q.457. Consider the following statements- (3) Tax Deducted at Source (4) Fundamental Duties of a citizen (A) The Kisan Credit Card (KCC) Scheme was introduced in August 2000. (5) Relief to exporters (B) Allied and non-farm activities are also covered under the Scheme. Q.467. What does the letter V denotes in the term VAT as used in banking world ? (C) Validity period of the KCC is 3 years. Which of the statements given above is/are true ? (1) Valuable (2) Various (3) Vendor (4) Very (5) Value (1) Only A (2) Only B (3) Only C Q.468. Which of the following is called the World Bank ? (4) All A, B and C (5) None of these (1) International Monetary Fund (2) Asian Development Bank Q.458. Recently RBI has directed Banks to issue prepaid Payment Instruments to listed Corporates. Which (3) World Trade Organisation (4) International Bank for Reconstruction and Development of the following are examples of prepaid Payment Instruments- (5) None of these (A) smart cards (B) paper vouchers Q.469. We frequently read about ' MFI' in newspapers. What is the full form of this term, which is used in (C) mobile accounts (D) internet wallets financial sector ? (1) Only A and B (2) Only B and C (3) Only A, B and D (1) Micro Finance Institutions (2) Micro Functional Issues (4) Only A, C and D (5) All A, B, C and D (3) Mutual Funds in India (4) Monetary Forum of India Q.459. Which of the following Private sector Banks has launched personal loan Swift? (5) Monetary and Financial Institutes (1) Axis Bank (2) ICICI Bank (3) HDFC Bank Q.470. With reference to Banking, The 15th day of a month is known as ______(4) IDBI Bank (5) None of these (1) Banking Day (2) Customer's Day (3) Holiday Q.460. The crop insurance scheme is being implemented at which among the following levels under the (4) Complaints Day (5) None of these National Agricultural Insurance Scheme (NAIS)? Q.471. 'A customer is a person who maintains an account with a Bank' This definition of the customer is as (1) Village (2) Panchayat (3) District (4) State (5) None of these per ______. Q.461. "Honours your Trust" is a Tag line of which bank ? (1) Banking Regulation Act,1949 (2) Negotiable Instrument Act,1881 (1) Andhra Bank (2) Vijaya Bank (3) Dena Bank (3) RBI Act,1934 (4) KYC guidelines of RBI (4) UCO Bank (5) None of these (5) None of these Q.462. Which among the following is / are the main objective(s) of National Green Crops ? (1) Educate youngsters about environment and eco-systems. Q.472. Which of the following cannot be endorsed ? (2) Prosecute and Punish the violators of Environment laws. (1) Fixed deposit receipt (2) Bank draft (3) Promissory note (3) Promote Green Products. (4) Cheque (5) None of these (4) All of above Q.473. Which of the following conducts supervision over Commercial Banks, Financial Institutions, NBFCs (5) None of these and other Para - Banking financial institutions in India ? Q.463. The Finance Ministry released the draft national public-private partnership (PPP) policy. Which of (1) SEBI (2) Ministry of Finance the following facts given below in this regard are NOT TRUE? (3) Board for Financial Supervision, RBI (4) Ministry of Corporate Affairs (A) PPP is aimed at creating a framework for implementing infrastructure projects across sectors. (5) None of these (B) It addresses the issues concerning definition of various terms and also processes so that a Q.474. The Export - Import Bank of India was set up in ______clear and consistent position can be adopted by stake holders, including centre, states and (1) April 1982 (2) January 1982 (3) April 1970 (4) July 1969 (5) None of these private investors. (C) The government is envisaging an investment of USD 7 trillion in infrastructure sector during Q.475. In India, the Real Time Gross Settlement has been implemented by ______the 12th Five-Year Plan (2012-17). (1) SEBI (2) IRDA (3) RBI (1) Only C (2) Only A and B (3) Only B and C (4) All of these (5) None of these (4) Ministry of Finance (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.476. The maximum no. of transactions by a customer by using ATM of other Bank is ______Q.487. CRISIL ------(1) 8 per month (2) 5 per month (3) 2 per month (1) Evaluates the credit documents of a company (4) 3 per month (5) None of these (2) Provides financial assistance to industries Q.477. The full form of SPNS is ______(3) Provides finance for rural areas (1) Shared Payment Network System (2) Sharing Process Network System (4) Promotes exports (3) Shared Procedural Network System (4) Shortest Possible Networking System (5) Promotes imports (5) None of these Q.488. According to Banking Regulation Act, RBI can fix SLR upto the ceiling of ------Q.478. The Tagline "Where every individual is committed" is associated with which of the following Banks ? (1) 40% (2) 50% (3) 60% (4) 75% (5) None of these (1) Punjab National Bank (2) Oriental Bank of Commerce Q.489. India Development Bond was issued in 1991-92 by ------. (3) Indian Overseas Bank (4) Syndicate Bank (1) SBI (2) RBI (3) UTI (4) NHB (5) None of these (5) None of these (5) None of these Q.479. "Doha Development Round" is related with which of the following organization ? Q.490. Which of the following is not helpful in controlling money supply? (1) World Bank (2) World Trade Organisation (1) Free Market Policy (2) CRR (3) Bank Rate (3) International Monetary Fund (4) Asian Development Bank (4) Change in Margin Requirement (5) None of these (5) None of these Q.491. The first public sector bank in India which obtained license for Internet Banking from RBI is --- Q.480. The rate at which Banks borrow money from the Reserve Bank is called ______. (1) Punjab National Bank (2) Oriental Bank of Commerce (1) Repo rate (2) Reverse repo rate (3) Bank rate (3) Corporation Bank (4) State Bank of India (4) Base rate (5) None of these (5) None of these Q.481. The Banking Ombudsman Scheme 2006 Covers ______Q.492. Which of the following measures can check Inflation? (A) Commercial banks (1) Surplus Budgeting (2) Increase in direct taxation (B) Regional rural banks (3) Curtailment in public expenditure (4) All of the above (C) Scheduled Primary Co-operative Banks (5) None of these (1) Only A (2) Only B (3) All A, B and C Q.493. According to the Banking Regulation Act, nationalized bank can release a share of total paid up (4) Only C (5) None of these capital up to maximum ceiling of ------. Q.482. In case of a demand draft is issued, the liability of the bank will be ______(1) 40% (2) 49% (3) 51% (4) 73% (5) 100% (1)Demand liability (2) Time liability (3) Current liability Q.494. The RBI's methods of credit control may be broadly divided into ------(4) Long term liability (5) None of these (1) Quantitative and Qualitative (2) Open and Close Q.483. All commercial banks including branches of foreign banks functioning in India, local area banks and (3) Monetary and Fiscal (4) Rural and Urban regional rural banks are insured by the DICGC. What is the full form of DICGC ? (5) None of these (1) Deposit Insurance and Credit Guarantee Company Q.495. Which one of the following is not a liability of commercial banks? (2) Deposit Insurance and Credit Guarantee Corporation (1) Time deposits (3) Direct Insurance and Credit Guarantee Corporation (2) Borrowing from Central Bank (4) Direct Insurance and Credit Guarantee Company (3) Security holdings (5) None of these (4) Demand deposits Q.484. Name a Poverty Eradication Programme in which banks played the dominant role? (5) None of these (1) IRDP (2) MNP (3) Rojgar Bima Yojana Q.496. The oldest Central Bank in the world is the ------(4) Jawahar Rojgar Yojana (5) None of these (1) Reserve Bank of India (2) Bank of England Q.485. Which pair is not correct ? (3) U S Federal Reserve (4) State Bank of India (1) EXIM Bank - Financing for export-import (5) None of these (2) RBI - Banker's bank Q.497. General Insurance Corporation of India (GIC) was formed in ------(3) IDBI - Industrial Finance (4) FCI - Financial assistance to commercial institutions. (1) 1972 (2) 1973 (3) 1974 (4) 1975 (5) None of these (5) All are correct Q.498. 'Open Market Operations' mean sale or purchase in the open market of ------Q.486. The minimum paid-up capital requirement at present for new Private Bank in India is ------. (1) Foreign Exchange (2) Goods and Services (3) Gold Bullion (1) ` 100 crore (2) ` 200 crore (3) ` 500 crore (4) ` 600 crore (5) None of these (4) Government Securities (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.476. The maximum no. of transactions by a customer by using ATM of other Bank is ______Q.487. CRISIL ------(1) 8 per month (2) 5 per month (3) 2 per month (1) Evaluates the credit documents of a company (4) 3 per month (5) None of these (2) Provides financial assistance to industries Q.477. The full form of SPNS is ______(3) Provides finance for rural areas (1) Shared Payment Network System (2) Sharing Process Network System (4) Promotes exports (3) Shared Procedural Network System (4) Shortest Possible Networking System (5) Promotes imports (5) None of these Q.488. According to Banking Regulation Act, RBI can fix SLR upto the ceiling of ------Q.478. The Tagline "Where every individual is committed" is associated with which of the following Banks ? (1) 40% (2) 50% (3) 60% (4) 75% (5) None of these (1) Punjab National Bank (2) Oriental Bank of Commerce Q.489. India Development Bond was issued in 1991-92 by ------. (3) Indian Overseas Bank (4) Syndicate Bank (1) SBI (2) RBI (3) UTI (4) NHB (5) None of these (5) None of these (5) None of these Q.479. "Doha Development Round" is related with which of the following organization ? Q.490. Which of the following is not helpful in controlling money supply? (1) World Bank (2) World Trade Organisation (1) Free Market Policy (2) CRR (3) Bank Rate (3) International Monetary Fund (4) Asian Development Bank (4) Change in Margin Requirement (5) None of these (5) None of these Q.491. The first public sector bank in India which obtained license for Internet Banking from RBI is --- Q.480. The rate at which Banks borrow money from the Reserve Bank is called ______. (1) Punjab National Bank (2) Oriental Bank of Commerce (1) Repo rate (2) Reverse repo rate (3) Bank rate (3) Corporation Bank (4) State Bank of India (4) Base rate (5) None of these (5) None of these Q.481. The Banking Ombudsman Scheme 2006 Covers ______Q.492. Which of the following measures can check Inflation? (A) Commercial banks (1) Surplus Budgeting (2) Increase in direct taxation (B) Regional rural banks (3) Curtailment in public expenditure (4) All of the above (C) Scheduled Primary Co-operative Banks (5) None of these (1) Only A (2) Only B (3) All A, B and C Q.493. According to the Banking Regulation Act, nationalized bank can release a share of total paid up (4) Only C (5) None of these capital up to maximum ceiling of ------. Q.482. In case of a demand draft is issued, the liability of the bank will be ______(1) 40% (2) 49% (3) 51% (4) 73% (5) 100% (1)Demand liability (2) Time liability (3) Current liability Q.494. The RBI's methods of credit control may be broadly divided into ------(4) Long term liability (5) None of these (1) Quantitative and Qualitative (2) Open and Close Q.483. All commercial banks including branches of foreign banks functioning in India, local area banks and (3) Monetary and Fiscal (4) Rural and Urban regional rural banks are insured by the DICGC. What is the full form of DICGC ? (5) None of these (1) Deposit Insurance and Credit Guarantee Company Q.495. Which one of the following is not a liability of commercial banks? (2) Deposit Insurance and Credit Guarantee Corporation (1) Time deposits (3) Direct Insurance and Credit Guarantee Corporation (2) Borrowing from Central Bank (4) Direct Insurance and Credit Guarantee Company (3) Security holdings (5) None of these (4) Demand deposits Q.484. Name a Poverty Eradication Programme in which banks played the dominant role? (5) None of these (1) IRDP (2) MNP (3) Rojgar Bima Yojana Q.496. The oldest Central Bank in the world is the ------(4) Jawahar Rojgar Yojana (5) None of these (1) Reserve Bank of India (2) Bank of England Q.485. Which pair is not correct ? (3) U S Federal Reserve (4) State Bank of India (1) EXIM Bank - Financing for export-import (5) None of these (2) RBI - Banker's bank Q.497. General Insurance Corporation of India (GIC) was formed in ------(3) IDBI - Industrial Finance (4) FCI - Financial assistance to commercial institutions. (1) 1972 (2) 1973 (3) 1974 (4) 1975 (5) None of these (5) All are correct Q.498. 'Open Market Operations' mean sale or purchase in the open market of ------Q.486. The minimum paid-up capital requirement at present for new Private Bank in India is ------. (1) Foreign Exchange (2) Goods and Services (3) Gold Bullion (1) ` 100 crore (2) ` 200 crore (3) ` 500 crore (4) ` 600 crore (5) None of these (4) Government Securities (5) None of these Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.44.(2) Non-performing assets, also called non- Q.56.(3) This is to improve the present status of EXPLANATION performing loans, are loans, made by a women in agriculture and to enhance the bank or finance company, on which opportunities for her empowerment and is Q.1.(3) Punjab National Bank was established in concurrent list. repayments or interest payments are not a sub component of National Rural the year 1894. Q.29.(1) "Operational Risk" in the field of Banking is being made on time. Livelihood Mission. Q.2.(4) Centralized Online Realtime Exchange risk of loss due to inadequate or failed Q.45.(4) The departments under finance ministry Q.57.(5) All are development banks. Q.3.(1) Q.4.(1) internal process. are: Q.58.(5) Bank of Sweden Prize is another name for Q.5.(2) In Open unemployment people are willing Q.30.(4) Code sharing is term related to Air (A) Economic Affairs Noble Prize for Economics. to work but they do not get it. Transport Industry. Q.6.(3) Credit Policy (also called monetary policy) Q.31.(3) WADA is related to Dope Testing. (B) Expenditure Q.59.(4) Market Cost = Factor Cost +Advertisement Cost + Transportation Cost Q.7.(4) Book Keeping entry only. Q.32.(4) Bank Rate is a rate at which commercial (C) Revenue banks borrow long term funds from RBI. Q.60.(5) In first phaze in the year 1969 - 14 banks Q.8.(5) United Stock Exchange will function in four (D) Financial Services were nationalised with a paid up capital of currency derivatives. Q.33.(4) (E) Disinvestment Rs. 50 crores. Q.9.(3) Central Statistical Organisation Q.34.(3) "World Economic Outlook" report is released by International Monetary Fund. Q.46.(2) Aixs bank is a private sector bank in India. Q.61.(2) The Banking Ombudsman, promoted by Q.10.(1) GDP It is based upon survey on the different Q.47.(3) IDR is an instrument in the form of a RBI provides speedy solutions to the Q.11.(2) Regulation of inter-state trade developing economies. Depository Receipt created by the Indian grievances faced by the customers from Q.12.(4) Never Q.35.(3) Money laundring is way of converting black depository in India against the underlying various banks.

money to white money. equity shares of the issuing company. th Q.13.(4) Salary & allowances of the Vice President Q.62.(1) Targated Growth rate is 8% in 12 Five of India. Q.36.(3) Public Debt Act passed in 1944. Q.48.(1) Income Recieved by public borrowing year plan.

Q.14.(2) India got a new consumer price inflation Q.37.(2) In Indian economy m13 and m are. present. Q.49.(1) Interbank Mobile Payment Service (IMPS) Q.63.(3) Gilt - Edged market means Market of measure, which could offer a much better It measures the total monetary resources launch on 22nd November 2010 by Government Securities. picture of price movements at the of the country. Shyamala Gopinath, DG RBI at Mumbai Q.64.(4) A unit-linked insurance plan (ULIP) is a consumer-level across the country. Q.38.(4) National Income is monetry value of all and this service is now available to the type of life insurance where the cash value Q.15.(1) FDI limit in Public Sector Bank is 20%. final goods and services of a Indian public. IMPS offers interbank of a policy varies according to the current country. Q.16.(4) It is 940 females over 1000 males in electronic fund transfer service through net asset value of the underlying census 2011 as compared to 933 females Q.39.(3) In India First Five year plans are formed by mobile phones. investment assets. planning commission in 1951. in 2001 census. Q.50.(1) National Security Depository limited. Q.65.(3) Currency devaluation takes place when Q.17.(5) All of the above Q.40.(3) It is a process developed by SEBI for Q.51.(3) All are true. one country's currency is reduced in value applying to IPO. In ASBA, an IPO Q.18.(2) in comparison to other currencies. applicant's account doesn't get debited Q.52.(5) Swabhiman is a nationwide programme on Q.19.(1) Fist Five Year Plan until shares are alloted to him. financial inclusion. Q.66.(1) Foreign Exchange Management Act. Q.20.(1) Call Money market is related to Share Q.41.(3) A debenture holder is a person or an Q.53.(3) Badla is a carry forward system in stock Q.67.(4) Narrow Banking restrict banks to hold Market it is controlled by SEBI. organization that has lent money to a trading. liquid and safe government bonds Q.21.(2) Finance commission is included in Article company or firm in the form of debentures Q-54.(3) A committee on capital account Q.68.(3) This exchange rate is used to determine an 280 of Indian constitution. or loan. convertibility was setup by the Reserve individual country's currency value relative Q.42.(1) It provides post-retirement financial Q.22.(1) Bank of India (RBI) under the to the other major currencies in the index, security to over 2.73 lakh Gramin Dak as adjusted for the effects of inflation. Q.23.(1) NAMA (Non Agriculture Market Access) is chairmanship of former RBI deputy Sevaks (GDS). The Department of Posts the word is related to World Trade Organisation governor S.S. Tarapore to "lay the road Q.69.(4) All are true. has decided to deposit Rs.200 GDS per map" to capital account convertibility. Q.24.(3) SEBI is related to share market. U.K. Sinha month. Q.70.(4) IRDA allows portability shifting of policies is Chairman of SEBI as on December 2011 Q.43.(2) NABARD was established on 12th July Q-55.(5) Prime Minister, Dr. Manmohan Singh, from one insurer to another on same terms Q.25.(1) National Planning Council is established in 1982 and owned by the Government of inaugurated a call centre 'Udyami Helpline, from July 1, 2011. 1963. It is a non-constitutional body. India and Reserve Bank of India (RBI). It is which will give details about business Q.71.(3) Equity (finance), the value of an ownership Q.26.(3) Post office do not sell stamp papers an apex development bank of the country possibilities and loan facilities to interest in property, including for supporting and promoting agriculture entrepreneurs keen on setting up small Q.27.(3) Priority sector Advance is 10%. shareholders' equity in a business. and rural development. units. Q.28.(2) Economic planning comes under Q.72.(1) Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.44.(2) Non-performing assets, also called non- Q.56.(3) This is to improve the present status of EXPLANATION performing loans, are loans, made by a women in agriculture and to enhance the bank or finance company, on which opportunities for her empowerment and is Q.1.(3) Punjab National Bank was established in concurrent list. repayments or interest payments are not a sub component of National Rural the year 1894. Q.29.(1) "Operational Risk" in the field of Banking is being made on time. Livelihood Mission. Q.2.(4) Centralized Online Realtime Exchange risk of loss due to inadequate or failed Q.45.(4) The departments under finance ministry Q.57.(5) All are development banks. Q.3.(1) Q.4.(1) internal process. are: Q.58.(5) Bank of Sweden Prize is another name for Q.5.(2) In Open unemployment people are willing Q.30.(4) Code sharing is term related to Air (A) Economic Affairs Noble Prize for Economics. to work but they do not get it. Transport Industry. Q.6.(3) Credit Policy (also called monetary policy) Q.31.(3) WADA is related to Dope Testing. (B) Expenditure Q.59.(4) Market Cost = Factor Cost +Advertisement Cost + Transportation Cost Q.7.(4) Book Keeping entry only. Q.32.(4) Bank Rate is a rate at which commercial (C) Revenue banks borrow long term funds from RBI. Q.60.(5) In first phaze in the year 1969 - 14 banks Q.8.(5) United Stock Exchange will function in four (D) Financial Services were nationalised with a paid up capital of currency derivatives. Q.33.(4) (E) Disinvestment Rs. 50 crores. Q.9.(3) Central Statistical Organisation Q.34.(3) "World Economic Outlook" report is released by International Monetary Fund. Q.46.(2) Aixs bank is a private sector bank in India. Q.61.(2) The Banking Ombudsman, promoted by Q.10.(1) GDP It is based upon survey on the different Q.47.(3) IDR is an instrument in the form of a RBI provides speedy solutions to the Q.11.(2) Regulation of inter-state trade developing economies. Depository Receipt created by the Indian grievances faced by the customers from Q.12.(4) Never Q.35.(3) Money laundring is way of converting black depository in India against the underlying various banks. money to white money. equity shares of the issuing company. th Q.13.(4) Salary & allowances of the Vice President Q.62.(1) Targated Growth rate is 8% in 12 Five of India. Q.36.(3) Public Debt Act passed in 1944. Q.48.(1) Income Recieved by public borrowing year plan.

Q.14.(2) India got a new consumer price inflation Q.37.(2) In Indian economy m13 and m are. present. Q.49.(1) Interbank Mobile Payment Service (IMPS) Q.63.(3) Gilt - Edged market means Market of measure, which could offer a much better It measures the total monetary resources launch on 22nd November 2010 by Government Securities. picture of price movements at the of the country. Shyamala Gopinath, DG RBI at Mumbai Q.64.(4) A unit-linked insurance plan (ULIP) is a consumer-level across the country. Q.38.(4) National Income is monetry value of all and this service is now available to the type of life insurance where the cash value Q.15.(1) FDI limit in Public Sector Bank is 20%. final goods and services of a Indian public. IMPS offers interbank of a policy varies according to the current country. Q.16.(4) It is 940 females over 1000 males in electronic fund transfer service through net asset value of the underlying census 2011 as compared to 933 females Q.39.(3) In India First Five year plans are formed by mobile phones. investment assets. planning commission in 1951. in 2001 census. Q.50.(1) National Security Depository limited. Q.65.(3) Currency devaluation takes place when Q.17.(5) All of the above Q.40.(3) It is a process developed by SEBI for Q.51.(3) All are true. one country's currency is reduced in value applying to IPO. In ASBA, an IPO Q.18.(2) in comparison to other currencies. applicant's account doesn't get debited Q.52.(5) Swabhiman is a nationwide programme on Q.19.(1) Fist Five Year Plan until shares are alloted to him. financial inclusion. Q.66.(1) Foreign Exchange Management Act. Q.20.(1) Call Money market is related to Share Q.41.(3) A debenture holder is a person or an Q.53.(3) Badla is a carry forward system in stock Q.67.(4) Narrow Banking restrict banks to hold Market it is controlled by SEBI. organization that has lent money to a trading. liquid and safe government bonds Q.21.(2) Finance commission is included in Article company or firm in the form of debentures Q-54.(3) A committee on capital account Q.68.(3) This exchange rate is used to determine an 280 of Indian constitution. or loan. convertibility was setup by the Reserve individual country's currency value relative Q.42.(1) It provides post-retirement financial Q.22.(1) Bank of India (RBI) under the to the other major currencies in the index, security to over 2.73 lakh Gramin Dak as adjusted for the effects of inflation. Q.23.(1) NAMA (Non Agriculture Market Access) is chairmanship of former RBI deputy Sevaks (GDS). The Department of Posts the word is related to World Trade Organisation governor S.S. Tarapore to "lay the road Q.69.(4) All are true. has decided to deposit Rs.200 GDS per map" to capital account convertibility. Q.24.(3) SEBI is related to share market. U.K. Sinha month. Q.70.(4) IRDA allows portability shifting of policies is Chairman of SEBI as on December 2011 Q.43.(2) NABARD was established on 12th July Q-55.(5) Prime Minister, Dr. Manmohan Singh, from one insurer to another on same terms Q.25.(1) National Planning Council is established in 1982 and owned by the Government of inaugurated a call centre 'Udyami Helpline, from July 1, 2011. 1963. It is a non-constitutional body. India and Reserve Bank of India (RBI). It is which will give details about business Q.71.(3) Equity (finance), the value of an ownership Q.26.(3) Post office do not sell stamp papers an apex development bank of the country possibilities and loan facilities to interest in property, including for supporting and promoting agriculture entrepreneurs keen on setting up small Q.27.(3) Priority sector Advance is 10%. shareholders' equity in a business. and rural development. units. Q.28.(2) Economic planning comes under Q.72.(1) Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.73.(1) Khusro committee. Q.96.(1) Transparency in Lending Rates of Bank. Q.120.(1) Unit banking refers to a single bank which Q.139.(3) Q.74.(4) Non-Banking Financial Company, a Q.97.(2) Commercial papers are a money-market tender services and operates with out any Q.140.(4) An increase in the supply of money works company registered under the Companies security issued by large banks & branches anywhere. both through lowering interest rates which Act, 1956 of India, engaged in the business corporations to get among to meet short Q.121.(3) Pipette is related to chemistry. spurs investment, and through putting of loans and advances, acquisition of term debt obligations. Q.122.(3) Fixed Income Money Market and more money in the hands of consumers shares, stock, bonds, debentures and Q.98.(2) The proposed bill is on the lines of Right to Darivative Association making them feel wealthier and thus securities issued by government or local Information Act. stimulating spending. authority, or other securities of a Q.123.(4) Q.99.(4) Ablation is the process of transferring heat Q.141.(2) A bank, included in 2nd schedule of RBI marketable nature, leasing, hire-purchase, by removing material through melting, Q.124.(3) Soft Patch is a period of economic slow insurance business, or chit business. Act 1934 vaporization or other erosive process. down in the middle of a larger trend of Q.142.(4) Moral suasion is a qualitative credit control Q.75.(4) Prevention of Money Laundering Act. Q.100.(4) Treasury Bills are the instruments of short economic growth. measure of the Reserve Bank of India Q.76.(3) Bad debts occur when the debtor has term borrowings by the Central /State Q.125.(2) declared bankruptcy, and if the bad debts Govt. Q.143.(3) S. Chakravarty. Q.126.(1) RBI uses CRR either to drain excess are recovered it will be considered as an Q.101.(2) Fiscal Policy. Q.144.(3) The IMF pays interest on all holdings of income. liquidity or to release funds needed for the Q.102.(3) In 1980, 6 banks were nationalised with a economy from time to time. Increase in SDRs cept in the special Drawing Account Q.77.(2) Epicenter is point on earth surface that is capital of 200 crores. CRR means that banks have less funds and charges interest at the same rate on above hypocenter. allocations to participants. Q.103.(4) Net Demand and Time liabilites. available and money is sucked out of Q.78.(4) NABARD Q.104.(5) Base year for all India Index of Industrial circulation. Q.145.(1) The main objective of RRBs is to provide Q.79.(2) Production is 2004-2005 with base Rs.100 Q.127.(3) Negotiated Dealing system is an electronic credit and other facilites particulary to the small and marginal farmers, agricultural Q.80.(3) Ministry of Finance Q.105.(4) Regulation of Inter state Tract. platform for facilitating dealing in government securities and money market labourers, artisans and small entrepreneurs. Q.81.(2) LLP is a partnership in which all partners Q.106.(3) have a limited liability. instruments. Q.146.(1) Deficit financing means increasing the Q.107.(3) The period of fourth plan was 1969 to amount of money in circulation by printing Q.82.(3) Q.128.(1) Quarter 1974. and pumping in more paper currency. Q.83.(5) 2009 - 2010 Q.129.(4) GDP is the money value of all final goods & Q.108.(2) Indian Gold Council. Q.147.(4) 1951 services produced during a financial year Q.84.(1) 2004 Q.109.(3) &within the geographical boundary of a Q.148.(1) Acworth committee. Q.85.(2) 1998 Q.110.(1) It is one of the lending arms of World Bank country. Q.149.(3) Money Market. Q.86.(4) Cheap Money Group. Q.130.(3) 2002 Q.150.(1) Q.87.(3) Federal Reserve is Central Bank of Q.111.(2) Branch Banking. Q.131.(4) BANKNET Q.151.(4) Primary Deficit = Fiscal Deficit - Interest America Q.112.(3) Near money is a term used in economics to payment. Q.88.(3) Dr.Vijay Kelkar is the chairman of 13th describe highly liquid assets that can be Q.132.(2) Q.152.(2) 1st nationalisation took place in 1969. Finance commission. easily converted into cash. Q.133.(3) Gold standard is a monetary system in Q.89.(3) RRB'S - includes Q.113.(1) which the standard economic unit of IInd nationalisation took place in 1980. 50% --- Central Govt. Q.114.(1) Amount of gold that each member country account is a fixed mass of gold. Q-153.(2) Time liabilities mean FDs, cash 15% --- State Govt. of IMF contributes as part of its Q.134.(4) Safe Deposit certificate,time liabilities portion of saving membership obligations to the fund and bank deposits. 35% --- Sponsor bank/Lead bank can borrow when need arises. Q.135.(4) The new issue market consists of securities issued directly to the investors Q-154.(4) Subsidies & Interest payments called non- Q.90.(2) Asian Development Bank. Q.115.(3) It was launched with an aim of enhancing through machanism called primany plan expenditure because provision for farm profits, creating employment Q.91.(4) market. opportunity, restoring soil fertility. these expenditures is not made in the five Q.92.(1) Liberalised Exchange Rate Management Q.136.(4) Redeemable preference shares, 15 years year plans. System. Q.116.(1) Currency Notes. Q.137.(4) Since these are ceiling rates, banks are Q-155.(3) Industrial manufacturing and Industrial Q.93.(4) Q.117.(3) Flare free to decide the rate of interest to be construction comes under secondary Q.118.(3) Employee Stock Option Plan Q.94.(4) It is a condition of high inflation in period of charged. sector. high unemployment Q.119.(3) Fiat money is money that has value only Q.138.(4) Paid up capital is the total amount of Q-156.(2) Sales Tax. Because the Tax is not borne by Q.95.(2) Cash reserve ratio is a part of RBI's monetary because of government regulation or shareholder capital that has been paid in the producer on whom it is imposed , but is policy and all other are the steps taken by law. full by shareholders government in its fiscal policy passed on to the consumer. Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.73.(1) Khusro committee. Q.96.(1) Transparency in Lending Rates of Bank. Q.120.(1) Unit banking refers to a single bank which Q.139.(3) Q.74.(4) Non-Banking Financial Company, a Q.97.(2) Commercial papers are a money-market tender services and operates with out any Q.140.(4) An increase in the supply of money works company registered under the Companies security issued by large banks & branches anywhere. both through lowering interest rates which Act, 1956 of India, engaged in the business corporations to get among to meet short Q.121.(3) Pipette is related to chemistry. spurs investment, and through putting of loans and advances, acquisition of term debt obligations. Q.122.(3) Fixed Income Money Market and more money in the hands of consumers shares, stock, bonds, debentures and Q.98.(2) The proposed bill is on the lines of Right to Darivative Association making them feel wealthier and thus securities issued by government or local Information Act. stimulating spending. authority, or other securities of a Q.123.(4) Q.99.(4) Ablation is the process of transferring heat Q.141.(2) A bank, included in 2nd schedule of RBI marketable nature, leasing, hire-purchase, by removing material through melting, Q.124.(3) Soft Patch is a period of economic slow insurance business, or chit business. Act 1934 vaporization or other erosive process. down in the middle of a larger trend of Q.142.(4) Moral suasion is a qualitative credit control Q.75.(4) Prevention of Money Laundering Act. Q.100.(4) Treasury Bills are the instruments of short economic growth. measure of the Reserve Bank of India Q.76.(3) Bad debts occur when the debtor has term borrowings by the Central /State Q.125.(2) declared bankruptcy, and if the bad debts Govt. Q.143.(3) S. Chakravarty. Q.126.(1) RBI uses CRR either to drain excess are recovered it will be considered as an Q.101.(2) Fiscal Policy. Q.144.(3) The IMF pays interest on all holdings of income. liquidity or to release funds needed for the Q.102.(3) In 1980, 6 banks were nationalised with a economy from time to time. Increase in SDRs cept in the special Drawing Account Q.77.(2) Epicenter is point on earth surface that is capital of 200 crores. CRR means that banks have less funds and charges interest at the same rate on above hypocenter. allocations to participants. Q.103.(4) Net Demand and Time liabilites. available and money is sucked out of Q.78.(4) NABARD Q.104.(5) Base year for all India Index of Industrial circulation. Q.145.(1) The main objective of RRBs is to provide Q.79.(2) Production is 2004-2005 with base Rs.100 Q.127.(3) Negotiated Dealing system is an electronic credit and other facilites particulary to the small and marginal farmers, agricultural Q.80.(3) Ministry of Finance Q.105.(4) Regulation of Inter state Tract. platform for facilitating dealing in government securities and money market labourers, artisans and small entrepreneurs. Q.81.(2) LLP is a partnership in which all partners Q.106.(3) have a limited liability. instruments. Q.146.(1) Deficit financing means increasing the Q.107.(3) The period of fourth plan was 1969 to amount of money in circulation by printing Q.82.(3) Q.128.(1) Quarter 1974. and pumping in more paper currency. Q.83.(5) 2009 - 2010 Q.129.(4) GDP is the money value of all final goods & Q.108.(2) Indian Gold Council. Q.147.(4) 1951 services produced during a financial year Q.84.(1) 2004 Q.109.(3) &within the geographical boundary of a Q.148.(1) Acworth committee. Q.85.(2) 1998 Q.110.(1) It is one of the lending arms of World Bank country. Q.149.(3) Money Market. Q.86.(4) Cheap Money Group. Q.130.(3) 2002 Q.150.(1) Q.87.(3) Federal Reserve is Central Bank of Q.111.(2) Branch Banking. Q.131.(4) BANKNET Q.151.(4) Primary Deficit = Fiscal Deficit - Interest America Q.112.(3) Near money is a term used in economics to payment. Q.88.(3) Dr.Vijay Kelkar is the chairman of 13th describe highly liquid assets that can be Q.132.(2) Q.152.(2) 1st nationalisation took place in 1969. Finance commission. easily converted into cash. Q.133.(3) Gold standard is a monetary system in Q.89.(3) RRB'S - includes Q.113.(1) which the standard economic unit of IInd nationalisation took place in 1980. 50% --- Central Govt. Q.114.(1) Amount of gold that each member country account is a fixed mass of gold. Q-153.(2) Time liabilities mean FDs, cash 15% --- State Govt. of IMF contributes as part of its Q.134.(4) Safe Deposit certificate,time liabilities portion of saving membership obligations to the fund and bank deposits. 35% --- Sponsor bank/Lead bank can borrow when need arises. Q.135.(4) The new issue market consists of securities issued directly to the investors Q-154.(4) Subsidies & Interest payments called non- Q.90.(2) Asian Development Bank. Q.115.(3) It was launched with an aim of enhancing through machanism called primany plan expenditure because provision for farm profits, creating employment Q.91.(4) market. opportunity, restoring soil fertility. these expenditures is not made in the five Q.92.(1) Liberalised Exchange Rate Management Q.136.(4) Redeemable preference shares, 15 years year plans. System. Q.116.(1) Currency Notes. Q.137.(4) Since these are ceiling rates, banks are Q-155.(3) Industrial manufacturing and Industrial Q.93.(4) Q.117.(3) Flare free to decide the rate of interest to be construction comes under secondary Q.118.(3) Employee Stock Option Plan Q.94.(4) It is a condition of high inflation in period of charged. sector. high unemployment Q.119.(3) Fiat money is money that has value only Q.138.(4) Paid up capital is the total amount of Q-156.(2) Sales Tax. Because the Tax is not borne by Q.95.(2) Cash reserve ratio is a part of RBI's monetary because of government regulation or shareholder capital that has been paid in the producer on whom it is imposed , but is policy and all other are the steps taken by law. full by shareholders government in its fiscal policy passed on to the consumer. Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q-157.(2) The 7th schedule of the Indian Constitution country. It is one of the most important duty Q.201.(2) Legal Tender Money is a type of money Q.218.(1) because it hampers illegal import and deals with Banking. protected by law. Q.219.(1) Foreign currency & securities held by the export of goods. Q-158.(3) Monetary and credit policy. Q.202.(4) banks and corporate bodies do not form a Q.178.(4) With aim of giving a fillip to development Q.203.(3) RBI is the Central Bank which controls the part of India's foreign exchange reserves. Q-159.(3) A soft currency indicates a currency which schemes in triable and backward regions banks in the Economy. Q.220.(3) Gains results from fact that a higher total is expected to depriciate against other affected by Naxal violence, Govt. of India output is allocated between two countries currencies. approved the Integrated action plan in 60 Q.204.(5) It is General crossing. & there is increased welfare in each seclected triable and backward districts. Q-160.(5) Digital signature is Encrypted signature for Q.205.(4) Working Capital is a measure of both a country. providing security. Q.179.(3) Customs Duty and Corporation Tax company's efficiency and its short term belongs to the union government alone. financial health. Q.221.(3) The Reserve Bank of India has been Q-161.(4) Transfer payment are those transactions intervening in the foreign exchange market Q.180.(1) 1993 Q.206.(4) A FER is a type of exchange rate regime which are not related with the production of of India and buying dollors to prevent the wherein currency's value is allowed to goods and services. These are not Q.181.(2) Reserve Bank of India. rupee strengthening further, thereby acting fluctuate according to the foreign included in national in come. as disincentive to export growth. Q.182.(4) The National Housing Bank Launched exchange market RESIDEX Index for tracking prices of Q-162.(1) Reduction in CRR increases the liquidity Q.222.(2) Non-performing assets of Commercial residential properties in India. Q.207.(2) position with in Indian banks. Banks means their loans for which Q.183.(2) Mumbai Q.208.(4) CD was introduced to enable banking interest/instalment has remained unpaid Q-163.(1) 1988 system to mobilize bulk deposits from the after due date. Q.184.(4) Allowing business units to close down. market, which they can have at Q-164.(2) Primarily that of a debtor and a creaditor Q.223.(2) In Real Time Gross settlement system the Q.185.(2) A decrease in loans. competitive rates of interest. They can be settlement of funds is not revocable. Q-165.(3) In the form of Term Deposits only FCNR Q.186.(4) Commercial borrowing is not a component issued by all scheduled commercial Q.224.(3) The definition of Banking is given in the accounts can be opened and maintained. of foreign aid of a country. banks and all India FI's with their umbrella limits. Banking Regulation Act, 1949. Q-166.(3) Current Account includes Trade Account Q.187.(2) Lending to agriculture, small scale Q.225.(3) In FCNR accounts the payment of Interest and Invisibles. industries and the weaker sections of the Q.209.(5) RBI increases the minimum Statutory is effected in same currency in which society comes under priority sector lending Cash Reserve Ratio of Commercial banks - Q 167.(4) Joint supply refers to a product or process of commercial banks in India. when the economy is experiencing deposit stands. that can yield two or more outputs. Q.188.(1) Increased. inflation and when the central bank aims Q.226.(1) Commercial paper is a money - market Common example occur within the live credit contraction. security issued by large commercial banks stock industry, sheep can be utilized for Q.189.(4) Q.210.(1) to meet short term debt obligations. meat, wool and sheep skin. Q.190.(2) Q.211.(3) Assets that can be quickly convertible into Q.227.(3) The methods used by the RBI for credit Q-168.(3) More than one creditors coming together Q.191.(5) Encryption is a process that is used to cash. control are qualitative and quantitative. to provide single loan. ensure the privacy and security of a Q.228.(1) Increase in Bank rate is generally followed person's confidential financial information Q.212.(4) Q.169.(3) An economy that does not interact with any by an increase in market rates of Interest. other economy Q.192.(3) Q.213.(2) OMO is the buying and selling of Government bonds on the open market by Q.229.(2) Commercial Banks on the basis of their Q.170.(1) Expansionist open market operations Q.193.(1) primary deposits mainly creates credit. policy focuses on increasing liquidity in the a central bank. Q.194.(5) All 1, 2 and 3 are the limitations and along common market. Q.214.(1) Q.230.(3) Machinery is the least liquid asset. with them cash reserve ratio, Nature of Q.231.(2) The most important component of the Q.171.(4) Moral Suasion is qualitative measure of business conditions in the economy, Q.215.(3) Treasury bills are issued by Government & control of RBI's monetary policy. sound securities, liquidity preference and sold by RBI in form of small bonds to liabilities of Commercial Banks in India is Time Deposits. Q.172.(4) In GDP of London. monetary policy of Central Bank are the banks. limitations on credit creation Q.232.(1) An increase in foreign exchange assets of Q.173.(1) Q.216.(5) Bill of Exchange, bond, equity shares, Q.195.(3) saving deposit, with commercial banks, Reserve Bank of India means increase in Q.174.(2) high powered money. Q.196.(2) bankers acceptances, cash surrender Q.175.(3) values of life insurance policies, etc are Q.233.(2) Credit Deposit Ratio is not a method of Q.197.(1) It aims at 50 food parks to minimize Q.176.(3) Formulation of the Monetary policy is the examples or considered as near money. credit control. damage to huge amount of fruits and sole responsibility of the central bank of the vegetables in the absence of wider Q.217.(2) Forced savings are when consumers are Q.234.(2) The Largest Nationalised Commercial country. network of food processing units not allowed to spend all of their income Bank in India is State Bank of India. Q.177.(3) The custom duty is imposed on the upon current consumption either self Q.198.(3) Q.199.(3) Q.200.(1) Q.235.(2) Reserve Money includes currency with the imported and exported goods in the imposed or imposed by contract. public and Cash with Banks. Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q-157.(2) The 7th schedule of the Indian Constitution country. It is one of the most important duty Q.201.(2) Legal Tender Money is a type of money Q.218.(1) because it hampers illegal import and deals with Banking. protected by law. Q.219.(1) Foreign currency & securities held by the export of goods. Q-158.(3) Monetary and credit policy. Q.202.(4) banks and corporate bodies do not form a Q.178.(4) With aim of giving a fillip to development Q.203.(3) RBI is the Central Bank which controls the part of India's foreign exchange reserves. Q-159.(3) A soft currency indicates a currency which schemes in triable and backward regions banks in the Economy. Q.220.(3) Gains results from fact that a higher total is expected to depriciate against other affected by Naxal violence, Govt. of India output is allocated between two countries currencies. approved the Integrated action plan in 60 Q.204.(5) It is General crossing. & there is increased welfare in each seclected triable and backward districts. Q-160.(5) Digital signature is Encrypted signature for Q.205.(4) Working Capital is a measure of both a country. providing security. Q.179.(3) Customs Duty and Corporation Tax company's efficiency and its short term belongs to the union government alone. financial health. Q.221.(3) The Reserve Bank of India has been Q-161.(4) Transfer payment are those transactions intervening in the foreign exchange market Q.180.(1) 1993 Q.206.(4) A FER is a type of exchange rate regime which are not related with the production of of India and buying dollors to prevent the wherein currency's value is allowed to goods and services. These are not Q.181.(2) Reserve Bank of India. rupee strengthening further, thereby acting fluctuate according to the foreign included in national in come. as disincentive to export growth. Q.182.(4) The National Housing Bank Launched exchange market RESIDEX Index for tracking prices of Q-162.(1) Reduction in CRR increases the liquidity Q.222.(2) Non-performing assets of Commercial residential properties in India. Q.207.(2) position with in Indian banks. Banks means their loans for which Q.183.(2) Mumbai Q.208.(4) CD was introduced to enable banking interest/instalment has remained unpaid Q-163.(1) 1988 system to mobilize bulk deposits from the after due date. Q.184.(4) Allowing business units to close down. market, which they can have at Q-164.(2) Primarily that of a debtor and a creaditor Q.223.(2) In Real Time Gross settlement system the Q.185.(2) A decrease in loans. competitive rates of interest. They can be settlement of funds is not revocable. Q-165.(3) In the form of Term Deposits only FCNR Q.186.(4) Commercial borrowing is not a component issued by all scheduled commercial Q.224.(3) The definition of Banking is given in the accounts can be opened and maintained. of foreign aid of a country. banks and all India FI's with their umbrella limits. Banking Regulation Act, 1949. Q-166.(3) Current Account includes Trade Account Q.187.(2) Lending to agriculture, small scale Q.225.(3) In FCNR accounts the payment of Interest and Invisibles. industries and the weaker sections of the Q.209.(5) RBI increases the minimum Statutory is effected in same currency in which society comes under priority sector lending Cash Reserve Ratio of Commercial banks - Q 167.(4) Joint supply refers to a product or process of commercial banks in India. when the economy is experiencing deposit stands. that can yield two or more outputs. Q.188.(1) Increased. inflation and when the central bank aims Q.226.(1) Commercial paper is a money - market Common example occur within the live credit contraction. security issued by large commercial banks stock industry, sheep can be utilized for Q.189.(4) Q.210.(1) to meet short term debt obligations. meat, wool and sheep skin. Q.190.(2) Q.211.(3) Assets that can be quickly convertible into Q.227.(3) The methods used by the RBI for credit Q-168.(3) More than one creditors coming together Q.191.(5) Encryption is a process that is used to cash. control are qualitative and quantitative. to provide single loan. ensure the privacy and security of a Q.228.(1) Increase in Bank rate is generally followed person's confidential financial information Q.212.(4) Q.169.(3) An economy that does not interact with any by an increase in market rates of Interest. other economy Q.192.(3) Q.213.(2) OMO is the buying and selling of Government bonds on the open market by Q.229.(2) Commercial Banks on the basis of their Q.170.(1) Expansionist open market operations Q.193.(1) primary deposits mainly creates credit. policy focuses on increasing liquidity in the a central bank. Q.194.(5) All 1, 2 and 3 are the limitations and along common market. Q.214.(1) Q.230.(3) Machinery is the least liquid asset. with them cash reserve ratio, Nature of Q.231.(2) The most important component of the Q.171.(4) Moral Suasion is qualitative measure of business conditions in the economy, Q.215.(3) Treasury bills are issued by Government & control of RBI's monetary policy. sound securities, liquidity preference and sold by RBI in form of small bonds to liabilities of Commercial Banks in India is Time Deposits. Q.172.(4) In GDP of London. monetary policy of Central Bank are the banks. limitations on credit creation Q.232.(1) An increase in foreign exchange assets of Q.173.(1) Q.216.(5) Bill of Exchange, bond, equity shares, Q.195.(3) saving deposit, with commercial banks, Reserve Bank of India means increase in Q.174.(2) high powered money. Q.196.(2) bankers acceptances, cash surrender Q.175.(3) values of life insurance policies, etc are Q.233.(2) Credit Deposit Ratio is not a method of Q.197.(1) It aims at 50 food parks to minimize Q.176.(3) Formulation of the Monetary policy is the examples or considered as near money. credit control. damage to huge amount of fruits and sole responsibility of the central bank of the vegetables in the absence of wider Q.217.(2) Forced savings are when consumers are Q.234.(2) The Largest Nationalised Commercial country. network of food processing units not allowed to spend all of their income Bank in India is State Bank of India. Q.177.(3) The custom duty is imposed on the upon current consumption either self Q.198.(3) Q.199.(3) Q.200.(1) Q.235.(2) Reserve Money includes currency with the imported and exported goods in the imposed or imposed by contract. public and Cash with Banks. Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.236.(4) Regulation of financial institutions is not an Q.254.(3) Creation of credit is a function performed Q.273.(3) Government of India deades the currency Q.286.(3) The ability of a Commercial Bank to objective fiscal policy. by the commercial Banks in a country. denominatio value. increase its loans and Investment depends on its excess reserves. Q.237.(3) Education is not included in Infrastructure Q.255.(2) The Reserve Bank of India follows Q.274.(1) The country's first ever socio-economic in India. Minimum Reserve System of Note Issue. and caste census was started from Q.287.(2) Economic Development is a continuous Q.238.(3) The National Agricultural Insurance Q.256.(4) Free Trade Area means a group of Hezamara in Tripura state. and long term process. Scheme was started by the government of countries which abolished all Tariff and Q.275.(4) Spandana is India's leading microfinance Q.288.(5) Microfinance is a type of banking service India in 1999. quantitative restriction between institutions. It provides financial service that is provided to unemployed or low- Q.239.(1) Interest on national debt is included in themselves. towards lower income customers, income individuals or groups who would GNP. Q.257.(3) Export primarily women. otherwise have no other means of gaining financial services. Microfinance provides Q.276.(3) The Central Bank increases the minimum Q.240.(4) Disinvestment of equity in the public sector Q.258.(1) low income people an opportunity to Statutory cash reserve ratio of the is not a measure of globalization. become self-sufficient by providing a Q.259.(2) Teaser loan are those loan in which rate of Commercial Banks when the economy is means of saving money, borrowing money Q.241.(3) Household sector contributes most to the interest in the initial period is less and goes experiencing Inflation and the Central and insurance.Interest rates charged by savings in India. up subsequently. Bank aims credit contraction. microfinance institutions are generally Q.242.(3) The State Bank of India was established on Q.260.(3) International Development Asociation Q.277.(4) The primary objective of selective credit lower than those offered by normal banks, the recommendation of All India rural credit which is world Bank affiliate is connsidered control is to influence allocation of credit survey headed by Shri A.D. Gorewala. as 'soft loan' window. some opponents of this concept condemn among different borrowers and users. microfinance operations for making profits Q.243.(2) Money Supply, M1 includes Currency + Q.261.(2) Wariable reserve ratio open market Q.278.(2) All the given three quantitative measures off of the poor. Demand Deposits with Banks + Other operations are Instrument monetary policy i.e. changing the bank rate, open market Deposits with RBI. Q.289.(1) Q.262.(2) MERA (Small & medium enterprises rating operations and increasing the cash- Q.290.(4) Cheque Book is not a value added service Q.244.(3) Loans from central Government has been agency) was established in 2005. reserve ratio are taken by RBI to control offered by a bank. the most important source of financing the Q.263.(2) Bank rate policy is the component of inflation. state Government's Gross Fiscal Deficit in Q.291.(1) Monetary policy Q.279.(2) Bank rate refers to the rate at which India. Q.264.(3) Central Bank rediscount bills of exchange Q.292.(5) PURA stands for Provision of Urban Q.245.(1) The system of Ad-hoc Treasury Bills in of Commercial Banks. Amenities in Rural Areas India was replaced by Ways and Means Q.265.(4) If the RBI sells securities in the market the Q.280.(1) Deposits with the Central Bank and cash in Q.293.(2) Banking Sector comes under Service Advances with effect from 1 April, 1997. Bank deposits will deadline hand reduce the money available for credit Sector. Q.266.(2) The majority of central Government Q.246.(2) In the context of liberalisation and creation. Q.294.(2) The acronym 'RTGS' stands for Real Time globalisation planning has an indicative Q.267.(2) The central Bank can decrease the Bank Q.281.(1) Short term commercial borrowings is Gross Settlement, which can be defined as role to play in providing safety net for the credit component of the money supply by included in the capital account of balance the continuous (real-time) settlement of poor. increasing the Bank rate. of payment. funds transfers individually on an order by Q.247.(4) Corporation Tax is levied by the union and order basis (without netting). Q.268.(3) Parallel Economy is also referred as Black Q.282.(1) Frequent changes in the Bank rate leads to belongs to it exclusively. Economy. the expansion and contraction in the flow Q.295.(1) The Securitisation and Reconstruction of Q.248.(4) Treasury Bills is an Example of Near Q.269.(2) Oudh commercial Bank was the first of money supply, thats why RBI placed the Financial Assets And Enforcement of Money. commercial Bank of limited liability greatest reliance on the Bank rate during Security Interest Act, 2002 (SARFAESI Q.249.(2) Mutual Fund manged by Indians. the last ten years. Act) is an Act to regulate securitisation and reconstruction of financial assets and Q.270.(3) A letter of credit is a letter from a Bank, Q.283.(2) Foreign Exchange reserves includes the Q.250.(4) Expansion is not an objective of Bank's enforcement of security interest and for guarantceing that a by yea's payment to a following components- portfolio management. matters connected therewith or incidental seller will be received on time and for the 1- Gold thereto. Q.251.(2) A Bank which controls credit is called correct amount. Central Bank. 2- Special Drawing Rights (SDRs) Q.296.(1) Q.297.(2) Q.298.(4) Q.271.(2) Time liabilitiy are those liabilities which Q.252.(4) When the government imposes physical Bank have to pay after specific time 3- Foreign - currency assets Q.299.(2) CIBIL and monetary controls to check open period. Fixed deposits, cash certificate, 4- Reserve Tranche with I.M.F. Q.300.(1) Banking sector inflation it is known as suppressed time liablities portion of Saving bank Q.284.(2) Increasing Trend. inflation. deposits come under Time Liabilites. Q.301.(2) ASEAN Q.285.(3) In case of closed economy GNP and GDP Q.253.(3) The cause of deflation is lack of money Q.272.(4) Regional Rural Banks are classfied under Q.302.(2) NABARD would be same because there is no net supply as compared to supply of goods public sector Banks Q.303.(3) The Prime Minister and services. income earned from abroad. Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.236.(4) Regulation of financial institutions is not an Q.254.(3) Creation of credit is a function performed Q.273.(3) Government of India deades the currency Q.286.(3) The ability of a Commercial Bank to objective fiscal policy. by the commercial Banks in a country. denominatio value. increase its loans and Investment depends on its excess reserves. Q.237.(3) Education is not included in Infrastructure Q.255.(2) The Reserve Bank of India follows Q.274.(1) The country's first ever socio-economic in India. Minimum Reserve System of Note Issue. and caste census was started from Q.287.(2) Economic Development is a continuous Q.238.(3) The National Agricultural Insurance Q.256.(4) Free Trade Area means a group of Hezamara in Tripura state. and long term process. Scheme was started by the government of countries which abolished all Tariff and Q.275.(4) Spandana is India's leading microfinance Q.288.(5) Microfinance is a type of banking service India in 1999. quantitative restriction between institutions. It provides financial service that is provided to unemployed or low- Q.239.(1) Interest on national debt is included in themselves. towards lower income customers, income individuals or groups who would GNP. Q.257.(3) Export primarily women. otherwise have no other means of gaining financial services. Microfinance provides Q.276.(3) The Central Bank increases the minimum Q.240.(4) Disinvestment of equity in the public sector Q.258.(1) low income people an opportunity to Statutory cash reserve ratio of the is not a measure of globalization. become self-sufficient by providing a Q.259.(2) Teaser loan are those loan in which rate of Commercial Banks when the economy is means of saving money, borrowing money Q.241.(3) Household sector contributes most to the interest in the initial period is less and goes experiencing Inflation and the Central and insurance.Interest rates charged by savings in India. up subsequently. Bank aims credit contraction. microfinance institutions are generally Q.242.(3) The State Bank of India was established on Q.260.(3) International Development Asociation Q.277.(4) The primary objective of selective credit lower than those offered by normal banks, the recommendation of All India rural credit which is world Bank affiliate is connsidered control is to influence allocation of credit survey headed by Shri A.D. Gorewala. as 'soft loan' window. some opponents of this concept condemn among different borrowers and users. microfinance operations for making profits Q.243.(2) Money Supply, M1 includes Currency + Q.261.(2) Wariable reserve ratio open market Q.278.(2) All the given three quantitative measures off of the poor. Demand Deposits with Banks + Other operations are Instrument monetary policy i.e. changing the bank rate, open market Deposits with RBI. Q.289.(1) Q.262.(2) MERA (Small & medium enterprises rating operations and increasing the cash- Q.290.(4) Cheque Book is not a value added service Q.244.(3) Loans from central Government has been agency) was established in 2005. reserve ratio are taken by RBI to control offered by a bank. the most important source of financing the Q.263.(2) Bank rate policy is the component of inflation. state Government's Gross Fiscal Deficit in Q.291.(1) Monetary policy Q.279.(2) Bank rate refers to the rate at which India. Q.264.(3) Central Bank rediscount bills of exchange Q.292.(5) PURA stands for Provision of Urban Q.245.(1) The system of Ad-hoc Treasury Bills in of Commercial Banks. Amenities in Rural Areas India was replaced by Ways and Means Q.265.(4) If the RBI sells securities in the market the Q.280.(1) Deposits with the Central Bank and cash in Q.293.(2) Banking Sector comes under Service Advances with effect from 1 April, 1997. Bank deposits will deadline hand reduce the money available for credit Sector. Q.266.(2) The majority of central Government Q.246.(2) In the context of liberalisation and creation. Q.294.(2) The acronym 'RTGS' stands for Real Time globalisation planning has an indicative Q.267.(2) The central Bank can decrease the Bank Q.281.(1) Short term commercial borrowings is Gross Settlement, which can be defined as role to play in providing safety net for the credit component of the money supply by included in the capital account of balance the continuous (real-time) settlement of poor. increasing the Bank rate. of payment. funds transfers individually on an order by Q.247.(4) Corporation Tax is levied by the union and order basis (without netting). Q.268.(3) Parallel Economy is also referred as Black Q.282.(1) Frequent changes in the Bank rate leads to belongs to it exclusively. Economy. the expansion and contraction in the flow Q.295.(1) The Securitisation and Reconstruction of Q.248.(4) Treasury Bills is an Example of Near Q.269.(2) Oudh commercial Bank was the first of money supply, thats why RBI placed the Financial Assets And Enforcement of Money. commercial Bank of limited liability greatest reliance on the Bank rate during Security Interest Act, 2002 (SARFAESI Q.249.(2) Mutual Fund manged by Indians. the last ten years. Act) is an Act to regulate securitisation and reconstruction of financial assets and Q.270.(3) A letter of credit is a letter from a Bank, Q.283.(2) Foreign Exchange reserves includes the Q.250.(4) Expansion is not an objective of Bank's enforcement of security interest and for guarantceing that a by yea's payment to a following components- portfolio management. matters connected therewith or incidental seller will be received on time and for the 1- Gold thereto. Q.251.(2) A Bank which controls credit is called correct amount. Central Bank. 2- Special Drawing Rights (SDRs) Q.296.(1) Q.297.(2) Q.298.(4) Q.271.(2) Time liabilitiy are those liabilities which Q.252.(4) When the government imposes physical Bank have to pay after specific time 3- Foreign - currency assets Q.299.(2) CIBIL and monetary controls to check open period. Fixed deposits, cash certificate, 4- Reserve Tranche with I.M.F. Q.300.(1) Banking sector inflation it is known as suppressed time liablities portion of Saving bank Q.284.(2) Increasing Trend. inflation. deposits come under Time Liabilites. Q.301.(2) ASEAN Q.285.(3) In case of closed economy GNP and GDP Q.253.(3) The cause of deflation is lack of money Q.272.(4) Regional Rural Banks are classfied under Q.302.(2) NABARD would be same because there is no net supply as compared to supply of goods public sector Banks Q.303.(3) The Prime Minister and services. income earned from abroad. Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.304.(1) Q.305.(2) Q.306.(3) Q-325.(4) Small loans provided by the banks to very Q.358.(1) Invisible export means export of services Q.374.(3) These currency swaps help to limit or manage exposure to fluctuations in Q.307.(1) poor families is known as Micro finance. like consulting services, shipping services, tourism etc. interest rates Q.308.(2) A,AA+ & AAA are credit ratings Q-326.(2) "One Family One Bank" is the tagline of Q.359.(2) Loan recovery rules is not the part of Q.375.(3) The third of the Basel Accords was Bank of Maharashtra. Q.309.(1) High powered money is the Bank's prudential guidelines issued by Reserve developed in a response to the reserves at Central Bank Q-327.(2) Co-operative movement has been highly Bank of India. deficiencies in financial regulation revealed by the global financial crisis. Q.310.(1) A significant decrease in the demand for successful in the Milk production. Q.360.(2) A crossed cheque is a cheque which is loans will force banks to adjust their payable only through a collecting banker Q.376.(2) M2 includes the amount of money in Q-328.(1) UNDP uses Human development Index for portfolios. and not directly at the counter of the bank. circulation in notes and coin plus non- measurement of the quality of people's life. interest-bearing bank deposits, building- Q.361.(2) A bank draft is traditionally a cheque drawn Q.311.(3) The process of credit creation has the society deposits, and National Savings Q-329.(1) CAPART was set up in 1986 to promote on a bank's funds effect of increasing the supply of money. accounts. new technological inputs rural sector. Q.362.(3) Near money is highly liquid assets which Q.312.(4) Controlling credit expansion is the function Q.377.(3) Contractual savings are in the form of Q.330.(4) Nabard has stabilized core banking are not cash but can easily be converted of central Bank regular payments into long-term into cash, such as bank deposits and infrastructure of insuring prosperity and investments, such as pension schemes Q.313.(3) M3 is the Broader measure of money progress in integrated development of Treasury Bills. Similar to cash equivalents.

supply M1 is Narrow money. Q.378.(2) Rural Area. Q.363.(3) Due to steep reduction in direct taxes the Q.314.(2) RBI has helped to finance India's foreign Q.379.(1) A foreign bank is a bank with head office Q.331.(3) Open market operation" controlled by RBI liquidity with people will be more, trade through EXIM Bank. subsequently, the aggregate demand will outside the country in which it is located. Q.332.(2) Only 2 become higher. Due to rising demand Q.315.(4) A Maharatna Company can invest Rs 5000 Q.380.(1) more and more people will be employed so crore independently for a project. Q.333.(2) Q.334.(2) Q.335.(3) that production can be maximized. Q.381.(1) Q.316.(3) Tier -1 capital is the core measure of a Q.336.(1) Q.337.(4) Q.338.(4) Eventually, this increase in output will Q.382.(4) Statutory Liquidity Ratio or SLR refers to Bank's Financial strength from a Q.339.(1) Q.340.(3) Q.341.(1) become smaller and the price of goods will the amount that all banks require regulatoris point of view. rise due to capacity constraints. maintaining in cash or in the form of Gold or Q.342.(4) Q.343.(1) Q.344.(5) approved securities. Q.317.(3) Swabhiman Scheme is related with Q.364.(1) RBI acts as the lender of the last resort by Q.345.(1) Q.346.(1) Q.347.(3) Financial Inclusion. providing rediscount facilities to scheduled Q.383.(1) Excess liquidity in market Q.348.(1) Q.349.(4) Q.350.(1) banks. Q.318.(3) Provision coverage ratio refers to the Q.384.(2) Good people to banks with percentage of the loan amount that the Q.351.(4) Q.365.(4) Q.385.(1) CSO Bank has set aside as provisions to meet Q.366.(5) Imperial Bank was formed after merging Q.352.(4) The minimum required capital to set up a Q.386.(2) 1st Jan 1949 an eventuality. bank by a corporate entity is set at Rs.500 Bank of Bengal, Bank of Bombay and Bank of Madras. Q.387.(1) 2 lakh Q-319.(3) Goods and Services Tax will replace VAT. crore in comparison to the present requirement of Rs. 300 crore. Q.367.(4) ICICI Bank has launched Easy Cash Card. Q.388.(3) Q-320.(4) Due to Increasing overhead cost of tax With this card, customers can load a Q.353.(4) The economy of India now a days facing Q.389.(3) Custom duty personal loan up to Rs. 50,000 and can collection and the lack of political will, high inflation and high food and commodity Q.390.(4) Q.391.(5) Q.392.(5) Agricultural Taxation in India is difficult. use it like a debit card to access money problems. instantly. Q.393.(3) Q.394.(1) Q.395.(3) Q-321.(1) NABARD does not operate the Kisan Q.354.(2) The primary monetary policy technique Q.368.(4) RBI has formulated a scheme called Q.396.(1) Q.397.(2) Q.398.(3) Credit Card scheme. employed by the Reserve Bank of India is "Protected Disclosures Scheme for Private Q.399.(5) - open market operations. Sector and Foreign Banks". This move Q 322.(3) The sources of Non - Tax Revenue are - Q.400.(2) Nuclear Disarmament Q.355.(3) When a Bank writes off a loan as bad, its could prevent IPO scams in banks. (1) Hospital fee on medical facilitics Q.401.(2) total assets and capital decreases by that Q.369.(2) United Nations launched a 'Decade of (2) Entry fee on museums amount. Action for Road Safety' with the aim of Q.402.(1) 35%, the share in RRB by central Govt is 50% & the state govt. is 15% (3) Income from Radio & T.V. Broadcasting Q.356.(2) RBI maintains the cash reserve ratio stabilizing and then reducing global road deaths by 2020. (CRR) which at present is 5.5%. Q.403.(1) Discovery of oil & Natural has National Q-323.(2) CBS stands for Core Banking Solution. Q.370.(4) External Commercial Borrowings is an exploration liscensening policy. Q.357.(2) Channel Financing is the mechanism - instrument used in India to facilitate the Q 324.(2) Agriculture is the backbone of Indian through which a Bank/Financial institution Q.404.(1) 2004 - 05 economy as it employed 52% of the total access to foreign money by Indian meets the various funds related corporations and PSUs. Q.405.(2) Inflation, RBI increases repo rate to conrol workforce. requirements along the supply chain at the the cxcess flow of money in market (ie) suppliers end. Q.371.(2) Q.372.(1) Q.373.(5) Inflation Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.304.(1) Q.305.(2) Q.306.(3) Q-325.(4) Small loans provided by the banks to very Q.358.(1) Invisible export means export of services Q.374.(3) These currency swaps help to limit or manage exposure to fluctuations in Q.307.(1) poor families is known as Micro finance. like consulting services, shipping services, tourism etc. interest rates Q.308.(2) A,AA+ & AAA are credit ratings Q-326.(2) "One Family One Bank" is the tagline of Q.359.(2) Loan recovery rules is not the part of Q.375.(3) The third of the Basel Accords was Bank of Maharashtra. Q.309.(1) High powered money is the Bank's prudential guidelines issued by Reserve developed in a response to the reserves at Central Bank Q-327.(2) Co-operative movement has been highly Bank of India. deficiencies in financial regulation revealed by the global financial crisis. Q.310.(1) A significant decrease in the demand for successful in the Milk production. Q.360.(2) A crossed cheque is a cheque which is loans will force banks to adjust their payable only through a collecting banker Q.376.(2) M2 includes the amount of money in Q-328.(1) UNDP uses Human development Index for portfolios. and not directly at the counter of the bank. circulation in notes and coin plus non- measurement of the quality of people's life. interest-bearing bank deposits, building- Q.361.(2) A bank draft is traditionally a cheque drawn Q.311.(3) The process of credit creation has the society deposits, and National Savings Q-329.(1) CAPART was set up in 1986 to promote on a bank's funds effect of increasing the supply of money. accounts. new technological inputs rural sector. Q.362.(3) Near money is highly liquid assets which Q.312.(4) Controlling credit expansion is the function Q.377.(3) Contractual savings are in the form of Q.330.(4) Nabard has stabilized core banking are not cash but can easily be converted of central Bank regular payments into long-term into cash, such as bank deposits and infrastructure of insuring prosperity and investments, such as pension schemes Q.313.(3) M3 is the Broader measure of money progress in integrated development of Treasury Bills. Similar to cash equivalents. supply M1 is Narrow money. Q.378.(2) Rural Area. Q.363.(3) Due to steep reduction in direct taxes the Q.314.(2) RBI has helped to finance India's foreign Q.379.(1) A foreign bank is a bank with head office Q.331.(3) Open market operation" controlled by RBI liquidity with people will be more, trade through EXIM Bank. subsequently, the aggregate demand will outside the country in which it is located. Q.332.(2) Only 2 become higher. Due to rising demand Q.315.(4) A Maharatna Company can invest Rs 5000 Q.380.(1) more and more people will be employed so crore independently for a project. Q.333.(2) Q.334.(2) Q.335.(3) that production can be maximized. Q.381.(1) Q.316.(3) Tier -1 capital is the core measure of a Q.336.(1) Q.337.(4) Q.338.(4) Eventually, this increase in output will Q.382.(4) Statutory Liquidity Ratio or SLR refers to Bank's Financial strength from a Q.339.(1) Q.340.(3) Q.341.(1) become smaller and the price of goods will the amount that all banks require regulatoris point of view. rise due to capacity constraints. maintaining in cash or in the form of Gold or Q.342.(4) Q.343.(1) Q.344.(5) approved securities. Q.317.(3) Swabhiman Scheme is related with Q.364.(1) RBI acts as the lender of the last resort by Q.345.(1) Q.346.(1) Q.347.(3) Financial Inclusion. providing rediscount facilities to scheduled Q.383.(1) Excess liquidity in market Q.348.(1) Q.349.(4) Q.350.(1) banks. Q.318.(3) Provision coverage ratio refers to the Q.384.(2) Good people to banks with percentage of the loan amount that the Q.351.(4) Q.365.(4) Q.385.(1) CSO Bank has set aside as provisions to meet Q.366.(5) Imperial Bank was formed after merging Q.352.(4) The minimum required capital to set up a Q.386.(2) 1st Jan 1949 an eventuality. bank by a corporate entity is set at Rs.500 Bank of Bengal, Bank of Bombay and Bank of Madras. Q.387.(1) 2 lakh Q-319.(3) Goods and Services Tax will replace VAT. crore in comparison to the present requirement of Rs. 300 crore. Q.367.(4) ICICI Bank has launched Easy Cash Card. Q.388.(3) Q-320.(4) Due to Increasing overhead cost of tax With this card, customers can load a Q.353.(4) The economy of India now a days facing Q.389.(3) Custom duty personal loan up to Rs. 50,000 and can collection and the lack of political will, high inflation and high food and commodity Q.390.(4) Q.391.(5) Q.392.(5) Agricultural Taxation in India is difficult. use it like a debit card to access money problems. instantly. Q.393.(3) Q.394.(1) Q.395.(3) Q-321.(1) NABARD does not operate the Kisan Q.354.(2) The primary monetary policy technique Q.368.(4) RBI has formulated a scheme called Q.396.(1) Q.397.(2) Q.398.(3) Credit Card scheme. employed by the Reserve Bank of India is "Protected Disclosures Scheme for Private Q.399.(5) - open market operations. Sector and Foreign Banks". This move Q 322.(3) The sources of Non - Tax Revenue are - Q.400.(2) Nuclear Disarmament Q.355.(3) When a Bank writes off a loan as bad, its could prevent IPO scams in banks. (1) Hospital fee on medical facilitics Q.401.(2) total assets and capital decreases by that Q.369.(2) United Nations launched a 'Decade of (2) Entry fee on museums amount. Action for Road Safety' with the aim of Q.402.(1) 35%, the share in RRB by central Govt is 50% & the state govt. is 15% (3) Income from Radio & T.V. Broadcasting Q.356.(2) RBI maintains the cash reserve ratio stabilizing and then reducing global road deaths by 2020. (CRR) which at present is 5.5%. Q.403.(1) Discovery of oil & Natural has National Q-323.(2) CBS stands for Core Banking Solution. Q.370.(4) External Commercial Borrowings is an exploration liscensening policy. Q.357.(2) Channel Financing is the mechanism - instrument used in India to facilitate the Q 324.(2) Agriculture is the backbone of Indian through which a Bank/Financial institution Q.404.(1) 2004 - 05 economy as it employed 52% of the total access to foreign money by Indian meets the various funds related corporations and PSUs. Q.405.(2) Inflation, RBI increases repo rate to conrol workforce. requirements along the supply chain at the the cxcess flow of money in market (ie) suppliers end. Q.371.(2) Q.372.(1) Q.373.(5) Inflation Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.406.(1) Q.407.(4) re-load vouchers for mobiles and loan Q.439.(2) Generally, any asset that can be converted continuous (real-time) settlement of funds without loss in value or penalty within transfers individually on an order by order Q.408.(3) Moral Suasion is Persuasion of banks to account enquiry. twenty days is considered a liquid asset. basis, while NEFT settles transactions in adhere to central bank desires Q.425.(2) An EEFC (Exchange Earner's Foreign Liquid assets include money market fund batches. Currency) account can be held only in the Q.409.(4) PLR shares, government securities, mutual Q.451.(1) If a credit card is lost, the card member form of current account. No interest is funds, and the cash value of a life Q.410.(2) Only B should call up the Customer Helpline payable on EEFC accounts. insurance policy. Tax refunds and the number and give his request for hotlisting Q.411.(1) 4th sept 1993 Q.426.(1) The full form of ADF is Automated Data balances of trust funds are often the card. Hot listing the card means Q.412.(4) Public Account Deposit is not accepted by Flow. It seeks to ensure submission of considered liquid assets. Goodwill, deactivating the card for any future Trademarks, copyrights or patents, transactions. commercial banks. correct and consistent data from the banks Certificates of Deposits etc are non-liquid straight from their systems to RBI without Q.452.(2) A cheque which is issued today must be Q.413.(4) Production Method assets. any mannual intervention. presented before at bank for payment Q.414.(3) 16 PSEs(Public sector Enterprises) Q.440.(3) The speculative capital flows are called within a stipulated period. After expiry of Q.427.(1) A & C "hot money" because they can move very that period, no payment will be made and it Q.415.(2) B. Ashok Q.428.(4) Indore quickly in and out of markets, potentially is then called ‘stale cheque’. Q.416.(3) 188 leading to market instability. Q.429.(2) Senior Citizen Q.453.(3) High NPAs are a sign of bad financial Q.417.(4) As per RBI Governor, Inflation and Q.441.(1) When the exchange rate is adjusted so health of banks. Q.430.(2) FEMA that an identical good in two different supportive recovery of economy is a major Q.454.(1) 1 lac countries has the same price when challenge to its monetary policy. Q.431.(4) Only B expressed in the same currency, it is called Q.455.(4) Current Ratio is a liquidity ratio that Q.418.(2) The Reserve Bank of India has decided to Q.432.(3) Austerity Budget purchasing power parity measures a company’s ability to pay short- introduced Rs. 10 polymer/plastic notes. Q.433.(3) Open market policy is not helpful in Q.442.(3) Prior approval (as also a licence) of RBI is term obligations. It is a ratio of current assets to current liabilities. It is also known Q.419.(3) Residence proof, latest salary slip and last controlling the money supply required for opening Personal banking as “liquidity ratio”, “cash asset ratio” and six months bank statements are generally branches, Merchant banking branches Q.434.(5) Piggy Banking is a form of "Small Savings and Asset recovery branches “cash ratio”. sought for housing loan approval. Bank" popular among the poor or children. Q.443.(1) Treasury bill is Negotiable security Q.456.(3) Interest spread describes the excess of Q.420.(1) Loss making banks can make donations total interest earned over total interest Q.435.(4) Overdraft occur when bank customers Q.444.(4) Banking Regulation Act 1949 does not up to Rs. 5 lakh only in a financial year. expended. withdraw cash from their account, with the apply to primary agricultural credit Q.421.(2) The basic banking services of a bank balance going below zero. An overdraft is societies and co-operative land mortgage Q.457.(2) The Kisan Credit Card (KCC) Scheme was includes services relating to deposit basically a form of credit extended by a banks. introduced in August 1998. Validity of the accounts, remittance facilities, collection creditor when the account balance Q.445.(4) The various means of Electronic Payment KCC has been extended from 3 years to 5 facilities. reaches zero. Overdrafts allow bank Systems Includes Credit Card, Debit Card years. clients to withdraw money even when and ATM Card Q.422.(4) Primary co-operative societies are not Q.458.(5) The Prepaid instruments can be issued as there are no funds in the account. smart cards, magnetic stripe cards, insured by the DICGC. In the event of a Q.446.(3) Direct Taxes Code (DTC) will replace the internet accounts, internet wallets, mobile bank failure DICGC protects bank deposits Q.436.(2) Bridge financing Also known as gap multitude of direct taxes like income tax , corporate tax, wealth tax etc. from 2012, accounts, mobile wallets, paper vouchers that are payable in India. financing. Bridge financing begins at the while GST will replace the indirect taxes and any such instruments which can be end of the time period of the first loan and Q.423.(1) FDI is prohibited under the government like VAT, and service tax. used to access the prepaid amount ends with the start of the time period of the route as well as the automatic route in the (collectively called Payment Instruments). second loan, thereby bridging the gap Q.447.(3) Amount of loan available to individuals on following sectors:- securities of demat shares is Minimum Rs. Q.459.(3) Private sector lender HDFC Bank has between two loans. - Retail Trading (Except single brand 1 lac, Maximum Rs.20 lacs. launched personal loan Swift. Q.437.(1) A very large loan extended by a group of product retailing) Q.448.(4) The Reserve Bank of India monitors the Q.460.(3) District small banks to a single borrower, liberalized remittance scheme, through Q.461.(3) - Nidhi Company especially corporate borrowers is known which resident individuals may remit up to - Business of Chit Fund as syndicated loan.In most cases of USD 200,000 per financial year for any Q.462.(1) Educate youngsters about environment syndicated loans, there is a lead bank, permitted capital and current account and ecosystems is the main objective of - Gambling and Betting which provides a part of the loan and transactions or a combination of both. National cadet corps. - Lottery Business syndicates the balance amount to other Q.449.(1) The minimum period for which an NRE Q.463.(1) Only C term deposit can be opened is 12 months - Atomic Energy banks. Q.464.(2) SIDBI is created specially for providing and the maximum period is 60 months. credit to small and medium enterprises in Q.424.(4) The other services available at ATMs Q.438.(2) The public debt office function under the control of reserve bank of india.. Q.450.(3) ‘RTGS’ stands for Real Time Gross India includes, account information, purchase of Settlement, which can be defined as the Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.406.(1) Q.407.(4) re-load vouchers for mobiles and loan Q.439.(2) Generally, any asset that can be converted continuous (real-time) settlement of funds without loss in value or penalty within transfers individually on an order by order Q.408.(3) Moral Suasion is Persuasion of banks to account enquiry. twenty days is considered a liquid asset. basis, while NEFT settles transactions in adhere to central bank desires Q.425.(2) An EEFC (Exchange Earner's Foreign Liquid assets include money market fund batches. Currency) account can be held only in the Q.409.(4) PLR shares, government securities, mutual Q.451.(1) If a credit card is lost, the card member form of current account. No interest is funds, and the cash value of a life Q.410.(2) Only B should call up the Customer Helpline payable on EEFC accounts. insurance policy. Tax refunds and the number and give his request for hotlisting Q.411.(1) 4th sept 1993 Q.426.(1) The full form of ADF is Automated Data balances of trust funds are often the card. Hot listing the card means Q.412.(4) Public Account Deposit is not accepted by Flow. It seeks to ensure submission of considered liquid assets. Goodwill, deactivating the card for any future Trademarks, copyrights or patents, transactions. commercial banks. correct and consistent data from the banks Certificates of Deposits etc are non-liquid straight from their systems to RBI without Q.452.(2) A cheque which is issued today must be Q.413.(4) Production Method assets. any mannual intervention. presented before at bank for payment Q.414.(3) 16 PSEs(Public sector Enterprises) Q.440.(3) The speculative capital flows are called within a stipulated period. After expiry of Q.427.(1) A & C "hot money" because they can move very that period, no payment will be made and it Q.415.(2) B. Ashok Q.428.(4) Indore quickly in and out of markets, potentially is then called ‘stale cheque’. Q.416.(3) 188 leading to market instability. Q.429.(2) Senior Citizen Q.453.(3) High NPAs are a sign of bad financial Q.417.(4) As per RBI Governor, Inflation and Q.441.(1) When the exchange rate is adjusted so health of banks. Q.430.(2) FEMA that an identical good in two different supportive recovery of economy is a major Q.454.(1) 1 lac countries has the same price when challenge to its monetary policy. Q.431.(4) Only B expressed in the same currency, it is called Q.455.(4) Current Ratio is a liquidity ratio that Q.418.(2) The Reserve Bank of India has decided to Q.432.(3) Austerity Budget purchasing power parity measures a company’s ability to pay short- introduced Rs. 10 polymer/plastic notes. Q.433.(3) Open market policy is not helpful in Q.442.(3) Prior approval (as also a licence) of RBI is term obligations. It is a ratio of current assets to current liabilities. It is also known Q.419.(3) Residence proof, latest salary slip and last controlling the money supply required for opening Personal banking as “liquidity ratio”, “cash asset ratio” and six months bank statements are generally branches, Merchant banking branches Q.434.(5) Piggy Banking is a form of "Small Savings and Asset recovery branches “cash ratio”. sought for housing loan approval. Bank" popular among the poor or children. Q.443.(1) Treasury bill is Negotiable security Q.456.(3) Interest spread describes the excess of Q.420.(1) Loss making banks can make donations total interest earned over total interest Q.435.(4) Overdraft occur when bank customers Q.444.(4) Banking Regulation Act 1949 does not up to Rs. 5 lakh only in a financial year. expended. withdraw cash from their account, with the apply to primary agricultural credit Q.421.(2) The basic banking services of a bank balance going below zero. An overdraft is societies and co-operative land mortgage Q.457.(2) The Kisan Credit Card (KCC) Scheme was includes services relating to deposit basically a form of credit extended by a banks. introduced in August 1998. Validity of the accounts, remittance facilities, collection creditor when the account balance Q.445.(4) The various means of Electronic Payment KCC has been extended from 3 years to 5 facilities. reaches zero. Overdrafts allow bank Systems Includes Credit Card, Debit Card years. clients to withdraw money even when and ATM Card Q.422.(4) Primary co-operative societies are not Q.458.(5) The Prepaid instruments can be issued as there are no funds in the account. smart cards, magnetic stripe cards, insured by the DICGC. In the event of a Q.446.(3) Direct Taxes Code (DTC) will replace the internet accounts, internet wallets, mobile bank failure DICGC protects bank deposits Q.436.(2) Bridge financing Also known as gap multitude of direct taxes like income tax , corporate tax, wealth tax etc. from 2012, accounts, mobile wallets, paper vouchers that are payable in India. financing. Bridge financing begins at the while GST will replace the indirect taxes and any such instruments which can be end of the time period of the first loan and Q.423.(1) FDI is prohibited under the government like VAT, and service tax. used to access the prepaid amount ends with the start of the time period of the route as well as the automatic route in the (collectively called Payment Instruments). second loan, thereby bridging the gap Q.447.(3) Amount of loan available to individuals on following sectors:- securities of demat shares is Minimum Rs. Q.459.(3) Private sector lender HDFC Bank has between two loans. - Retail Trading (Except single brand 1 lac, Maximum Rs.20 lacs. launched personal loan Swift. Q.437.(1) A very large loan extended by a group of product retailing) Q.448.(4) The Reserve Bank of India monitors the Q.460.(3) District small banks to a single borrower, liberalized remittance scheme, through Q.461.(3) - Nidhi Company especially corporate borrowers is known which resident individuals may remit up to - Business of Chit Fund as syndicated loan.In most cases of USD 200,000 per financial year for any Q.462.(1) Educate youngsters about environment syndicated loans, there is a lead bank, permitted capital and current account and ecosystems is the main objective of - Gambling and Betting which provides a part of the loan and transactions or a combination of both. National cadet corps. - Lottery Business syndicates the balance amount to other Q.449.(1) The minimum period for which an NRE Q.463.(1) Only C term deposit can be opened is 12 months - Atomic Energy banks. Q.464.(2) SIDBI is created specially for providing and the maximum period is 60 months. credit to small and medium enterprises in Q.424.(4) The other services available at ATMs Q.438.(2) The public debt office function under the control of reserve bank of india.. Q.450.(3) ‘RTGS’ stands for Real Time Gross India includes, account information, purchase of Settlement, which can be defined as the Mahendra's GENERAL AWARENESS GENERAL AWARENESS Mahendra's Q.465.(2) The full form of 'NBFC' is Non - Banking Demand liabilities are the liabilities which Finance Company must be met on demand. MAHENDRA PUBLICATION PVT. LTD. Q.466.(4) Term Fundamental duties of a citizen is Q.483.(2) The Full form of DICGC is Deposit NOT used in the field of Banking / Finance Insurance And Credit Guarantee Corporation . OUR CORRESPONDENCE COURSE Q.467.(5) The letter 'V' denote in the term 'VAT' is Bank P.O. value. The full form of VAT is Value Added Q.484.(1) The Integrated Rural Development a. Interview Cracker ` 1950 Tax. Programme (IRDP) is a rural development Set of 9 Books (Study Material) program of the Government of India b. Q.468.(4) International Bank for Reconstruction and launched in Financial Year 1978 and c. Previous Year Papers (Clerical/P.O.) Development is called the World Bank. Bank Clerk extended throughout India by 1980. Q.469.(1) The full form of the term MFI is Micro d. Master In Current Affairs (Previous Six Months) ` 1900 Q.485.(4) Food Corporation of India (FCI) was Finance Institutions established with the objective of fair Tick Medium Q.470.(2) With reference to banking, The 15th day of a distribution of food grains and to bring Previous Hindi OR English Plan 3 Years 2 Years 1 Year month is known as customer's day. about stability in the prices in India. Issues Max. Retail #Mention 1440 960 480 180 Q.471.(4) As per KYC guidelines of RBI 'A customer Q.486.(3) The minimum paid-up capital requirement Price Last 6 Months here for previous Issues is a person who maintains an account with at present for new Private Bank in India is Postal 1296 864 432 120 a Bank'. Rs. 500 crore. Charges M.R.P.+ Q.472.(1) Fixed deposit receipt cannot be endorsed. Q.487.(1) Credit Rating and Information Postal Charges 2736 1824 912 300 Year Services of India Ltd (CRISIL) a Q.473.(3) Board for Financial supervision, RBI, You Save 936 524 192 - To global analytical company providing conducts supervision over Commercial ratings, research, and risk and policy # Banks, Financial Institutions, NBFCs and You Pay 1800 1300 700 300 advisory services. other Para - banking financial institutions in Tick Relevant Box Year India. Q.488.(1) According to Banking Regulation Act, RBI can fix SLR upto the ceiling of 40%. NEFT OR ONLINE DEPOSIT DETAILS Q.474.(2) The Export - Import Bank of India was set up in 1982 under the Export - Import Bank Q.489.(1) India Development Bond was issued in Beneficiary Name : Mahendra Publication Pvt. Ltd. ; Beneficiary A/c No. : 032505005996 ; IFSC Code : ICIC0000325 ; of India Act 1981. 1991-92 by SBI. Bank Name : ICICI Bank ; Branch : Aliganj, Lucknow. Q.475.(3) In India, 'The Real Time Gross Settlement' Q.490.(1) Free Market Policy is not helpful in Please give your Bank Details : has been implemented by Reserve Bank controlling money supply. of India. Q.491.(1) The first public sector bank in India which Q.476.(4) The maximum no of transactions by a obtained license for Internet Banking from customer by using ATM of other Bank is 3 RBI is Punjab National Bank. per month. Q.492.(4) Q.477.(1) The full form of SPNS is Shared Payment Q.493.(1) According to the Banking Regulation Act, Network System. nationalized bank can release a share of Q.478.(2) The tagline "Where every individual is total paid up capital up to maximum ceiling committed" is associated with Oriental of 49%. Bank of Commerce. Q.494.(1) The RBI's methods of credit control may be Q.479.(2) The Doha Development Round is the broadly divided into Quantitative and current trade - negotiation round of the Qualitative. World Trade Organisation which Q.495.(3) Security holdings is not a liability of commenced in November 2001. commercial banks. R Fill the form in BLOCK LETTERS only. All fields are mandatory. Q.480.(1) The rate at which Banks borrow money R Q.496.(2) The oldest Central Bank in the world is the Photo copy of this form is also accepted. from the Reserve Bank is called Repo rate R Delivery shall be made within the period of Seven Working Days. (Applicable in case of Bank of England. Registered Post Parcel No. Correspondence Course) after receiving of DD or DIRECT PAYMENT to Account. Q.481.(3) The Banking Ombudsman Scheme 2006 Q.497.(1) General Insurance Corporation of India RPlease mention telephone number along with address on the back of D.D. covers Commercial Banks, Regional Rural (GIC) was formed in1972. R For any issues regarding subscription & correspondence course you can write us at Date : Banks and Scheduled Primary Co- Operative Banks. 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