ga banking sector

7/31/2019 Ga Banking Sector

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1.TaraporeCommitteesubmitteditsreportonFullConvertibilityonRupeein

a)Currentaccountb)Capitalaccount

c)Bothoncurrentaswellasoncapitalaccount

d)SpecialDrawingRights(SDRs)e)Noneofthese

2.CENVATisrelatedto

a)SalesTaxb)ExciseDutyc)CustomDutyd)ServiceTax

e)Noneofthese

3.NABARDwasestablishedontherecommendationof

a)PublicAccountsCommitteeb)ShivaramanCommittee

c)NarasimhamCommitteed)KhandelwalCommitteee)Noneofthese

4.SampurnaGraminRozgarYojanahasbeenlaunchedfrom

a)1Apr2001b)25Sep2001c)30Sep2001

d)Noschemeofsuchtitlehasyetbeenlaunchede)Noneofthese

5.VATisimposed

a)Directlyontheconsumerb)Onthefinalstageofproduction

c)Onthefirststageofproduction

d)Onallstagesbetweenproductionandfinalsalee)Noneofthese

6.KutirJyotischemeisassociatewith

a)Promotingcottageindustryinvillages

b)Promotingemploymentamongruralunemployedyouth

c)Providingelectricitytoruralfamilieslivingbelowthepovertyline

d)Allofthesee)Noneofthese

7.CAPARTisrelatedwith

a)Assistingandevaluatingruralwelfareprogrammesb)Computerhardware

c)Consultantserviceofexportpromotion.

d)Controllingpollutioninbigindustriese)Noneofthese

8.ThenoteissuingdeptofRBIshouldalwayspossessaminimumgoldstockworth

a)Rs.85croreb)Rs.115crorec)Rs.200crore

e)Rs.215croree)Noneofthese

9.WeveryfrequentlyreadaboutEuropessovereigndebtcrisisthesedays.Whichofthefollowingstatements/is/aretrueaboutthesame?


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A)Inearly2010theEuroCrisisdevelopedinsomecountrieslikeGreece,SpainandPortugal.

B)ThiscreatedacreditdefaultswapbetweenthecountriesoftheEuropeanUnion.

C)SAARCcountrieshaveofferedsomeassistancetosomeoftheseverelyaffectedcountrieslikePortugal,SpainandGreece.

a)OnlyAb)OnlyBc)OnlyA&Bd)AllA,B&Ce)Noneofthese

10.Aswealknow,theRBIraisedtheCashReserveRatio(CRR)by25bpsinApril2010.Whatactionwillbankswillhavetotaketoimplementthesame?

A)TheywillhavetodepositsomemoremoneywiththeRBIasreservedmoney.

B)Bankswillberequiredtogivesomemoreloantoprojectsoftheprioritysector.

C)BankswillberequiredtogiveloanequivalenttotheCRRtotheGovtofIndiaforitsday-to-dayexpenditureasandwhenrequired.

a)OnlyAb)OnlyBc)OnlyCd)OnlyA&Be)AllA,B&C

11.AsperestimatesgivenbytheRBI,theEconomicGrowthduringtheyear2010-11willbeatwhichofthefollowinglevels?

a)6.5%b)7%c)7.5%d)8%e)Noneofthese

12.Whichofthefollowingis/arecorrectabouttheRBIscreditpolicyannouncedinApril2010?

A)RepoRateraisedby25bps

B)AnewreportingplatformwasintroducedforsecondarymarkettransactionsinCertificatesofDeposits(CDs)andCommercialPapers.(CPs).

C)CoreInvestmentCompanies(CICs)havinganassetsizeofRs.100crorearerequiredtoregisteralsowiththeRBI.

a)OnlyAb)OnlyBc)OnlyCd)AllA,B&Ce)Noneofthese

13.AspertheannouncementmadebytheRBI,someStockExchangesinIndiaareallowedtointroducePlainVanillaCurrencyOptions.ThetermPlainVanillaCurrencyOptionsisassociatedwithwhichofthefollowingactivities/operations?

a)Dollar-RupeeExchangeRateb)FloatingofCommercialPapers

c)Launchofnewmutualfunds

d)Decidingtheopeningpriceofashareonaparticularbusinessday

e)Noneofthese

14.EquityschemesmanagedstrongNAVgains,whichboosttheirassetswasanewsinsomefinancialnewspapers.WhatisthefullformofthetermNAVasusedinaboveheadlines?

a)NilAccountingVariationb)NetAccountingVenturec)NetAssetValue


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d)NewAssetVenturee)Noneofthese

15.Asperreportspublishedinvariousnewspapers,mutualfundcompaniesshowed94percentgrowthintheirtotalprofitsduring2009-10.Thismeanstheprofitsearnedbythesecompanieswere94percent

a)intheirtotalinvestmentstheymadecollectivelyduringtheyear

b)morethantheirprofitsduringpreviousyearc)ofthetotalcapitalofthecompany

d)lessthanthetotalexpenditureofthecompaniese)Noneofthese

16.Asperthenewspublishedinmajornewspapers/journalshenceforththeCreditCardinformationthoughautomatedinteractivevoiceresponsesystemoverthephoneinsteadofspeakingtothestaff.Thisdecisionofthebanks/creditcardcompanieswillprovide.

A)Anadditionalhurdletothecustomersaspeoplefeelcomfortableintalkingtothestaffinsteadoftalkingtoamachine.

B)Anadditionalsecuritytothecustomersasthisdoesnotallowanystafftohandleanytransactiondirectly.

C)Somecomforttothebanksastheywillbeabletoreducetheirstaffstrength.

a)OnlyAb)OnlyBc)OnlyCd)AllA,B&Ce)OnlyA&C

17.Asperthereportspublishedrecently,theGovtofIndiahasdecidedtocreateaseparateagency/bodytoscrutinizeallForeignDirectInvestments(FDIs)officially.Uptilnowthesecurityscreeningwasbeingdonebythe

a)MinistryofForeignAffairs,GovtofIndiab)ReserveBankofIndia

c)Securities&ExchangeBoardofIndiad)MinistryofFinance,GovtofIndia

e)MinistryofHomeAffairs,GovtofIndia

18.Asameasuretohelpcountrieshitbyglobalfinancialmeltdown,theRBIhaspurchasednotesworthUS$10billionintermsofSpecialDrawingRightsfromaWorldOrganisation/agency.Whichisthisagency/organisation?

a)FederalReserveofUSAb)AsianDevelopmentBankc)WorldBank

d)InternationalMonetaryFunde)Noneofthese

19.WhichofthefollowingisNOTapublicsectorundertakingundertheMinistryofDefence,GovtofIndia?

a)ParagonDockLtd.b)GardenReachShipbuilders&EngineersLtd.

c)BharatHeavyElectricalsLtd.d)HindustanAeronauticsLtd.

e)BharatEarthMoversLtd.

20.WhichofthefollowingisNOTasbankingrelatedterm?

a)Radiationb)Outstandingamountc)BenchmarkPrimeLendingRate


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d)ExplicitGuaranteee)Noneofthese

21.Insuranceserviceprovidedbyvariousbanksiscommonlyknownas

a)InvestmentBanksb)PortfolioManagementc)MerchantBanking

d)Bancassurancee)MicroFinance

22.WhoamongstthefollowinghasrecentlytakenoverastheChairmanofthe19thLawCommission?

a)ARLakshmananb)PVReddyc)YashwantSinha

d)RanjanBhartiMittale)Noneofthese

23.NametheseniormemberontheBoardofDirectorsofRBIwhowillchairthesub-committeesetupbytheRBItostudyissuesandconcernsofthemicro-financesector,includinginterestrateschargedbythelendersinthisarea

a.SubirGokranb.YHMalegamc.DeepakMohanty4.UshaThorate.Noneofthese

24.ThemeetingoffinanceministersandcentralbankheadsofG-20inOct-Nov2010washeldin

a.Tokyob.Londonc.Seould.NewDelhie.Noneofthese

25.WhichofthefollowingisnotdecidedbyRBI?

a.BankRateb.BaseRatec.RepoRated.CashReserveRatioe.Noneofthese

26.Whichofthefollowingisnotnationalizedbank?

a.CanaraBankb.AllahabadBankc.IDBIBankd.PNBe.BoB

27.Whichofthefollowingisnotaninstrumentofmoneymarket?

a.CallMoneyb.Treasurybillc.Certificateofdepositd.Sharee.Repo

28.AsperthelatestdataonelectronictransactionsreleasedbytheReserveBankofIndia,whichofthefollowingbanksleadsinelectronictransactionsinIndia?

a.ICICIBankb.HDFCBankc.SBId.Citibanke.Noneofthese

29.WhichofthefollowinghasappointedtheRaghuramRajanCommitteetorecommendstepstomodernizethefinancialsector?

a.ReserveBankofIndiab.MinistryofFinancec.PlanningCommissiond.MinisterofHomee.Noneofthese

30.Inwhichyear,wasIDBIrestrictedandseparatedfromcontroloftheReserveBankofIndia?

a.1972b.1976c.1978d.1980e.Noneofthese

31.StateownedinfrastructurelenderIndiaInfrastructureFinanceCompanyLtd(IIDCL)hasinkedapacttobuyloansworthRs.1500crorefrom_____sothatthestate-runbankcanutilizethefundsforotherprojectsinthecrucialsector.


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a.SBIb.PNBc.BoBd.P&SBe.Noneofthese

32.TheReserveBankhasincreasedthethresholdlimitforelectronicfundtransfersusingtheRealTimeGrossSettlement(RTGS)systemfrom`1Lakhto`

a.2Lakhb.3Lakhc.4Lakhd.5Lakhe.Noneofthese

33.Whichofthefollowingbankshasrequested`1,500crcapitalinfusionfromthegovt.?

a.PunjabNationalBankb.UnionBankofIndiac.IndianOverseasBankd.DenaBanke.Noneofthese

34.Whichofthefollowingisnotassociatedwithbanking?

a.Bankrateb.Reporatec.Morbidityrated.Baseratee.Noneofthese

35.NamethebankwhichhassoughttheapprovaloftheRBItohiveoffitsIT(InformationTechnology)relatedactivitiesintoanindependentsubsidiary?

a.SBIb.PNBc.IndianOverseasBankd.BankofBarodae.Noneofthese

36.TheCentralGovernmentonNov10,2011informedParliamentthatallowingenhancedforeigndirectinvestment(FDI)inmulti-brandretailwasnowunderitsco

nsideration.Theexistingpolicyallows_____FDIinsingle-brandretailand_____incash-and-carrystores,whichcateronlytobulkbuyersandtraders.

a.26%,49%b.49%,74%c.51%,100%d.21%,51%e.Noneofthese

37.Whichofthefollowingisthebody/agencysetupbyGovt.ofIndiatoincreasetheflowofforeigninvestmentinthecountry?

a.FEMAb.FCCBc.NSDLd.FIPB

38.Whichofthefollowingisnotaninstrumentofcapitalmarket?

a)Shareb)Bondc)Debentured)Repoe)Alltheabove

39.WhatisSABLA?

a)Anti-dowrypoliceforce

b)AWomensorganisationfightingforempowerment

c)AwomanwelfareprogrammelaunchedbytheCentralgovt

d)AhelplineinstitutedbytheNationalCommissionforWomen(NCW)

e)Noneofthese

40.Whichofthefollowingisassociatedwitheconomy?

a)HinduGrowthRate(HGR)b)IslamicSavingRate(ISR)

c)SikhDepositRate(SDR)d)ChristianInvestmentRatio(CIR)

d)Noneofthese

41.Anewschemeforthehealthimprovementofexpectantmothersandensuringpropernutritionforthenewbornshasbeennamedas


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a)IndiraGandhiMatritvaSahyogYojana

b)RajivGandhiMatritvaSahyogYojana

c)MahatmaGandhiMatritvaSahyogYojana

d)KasturbaGandhiMatritvaSahyogYojanae)Noneofthese

42.ThecentralbankinIndiais

a)CentralBankofIndiab)StateBankofIndiac)BankofIndia

d)IndianBanke)ReserveBankofIndia

43.Moneysupplycouldbeincreasedwhen

a)RBIpurchasesgovtsecuritiesb)RBIsellsgovtsecurities

c)CRRofbanksisincreasedd)CARisincreased

e)Noneofthese

44.CorporationtaxinIndiais

a)Taxonproductionbycompaniesb)Taxonthesalesincomeofthecompaniesc)Taxonnetincomeofthecompaniesd)Taxonnetsavingsofthecompanies

e)Noneofthese

45.Thefunctionofmoneyis/are

a)Mediumofexchangeb)MeasureofValuec)StoreofValue

d)Allofthesee)Noneofthese

46.Whichamongthefollowingisnotatypeofinflation?

a)Creepinginflationb)Walkinginflationc)Runninginflation

d)Flyinginflatione)Alltheabove

47.InIndia,thebankers,bankis

a)IMFb)WorldBankc)IDBId)BISe)Noneofthese

48.Anappropriatemeasureofeconomicdevelopmentis

a)rateofincreaseinincomeb)improvementinHumanDevelopmentIndex

c)decreaseinpovertyrated)increaseinpovertyrate

d)increaseinlifeexpectancyrate

49.Disinflationmeans

a)increaseinpricesinthelongrunb)Thepricesincreaseduetoexport

c)Theincreaseinpricesismorethanaveraged)Increasedpricesdecrease


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e)Levelofunemploymentincreases

50.Whenrateofinflationincreases

a)Purchasingpowerofmoneyincreases

b)Purchasingpowerofmoneydecreases

c)Purchasingpowerofmoneyremainsunaffectedd)All(1),(2)and(3)

e)Foreignexchangerateincreases

1.B2.D3.B4.B5.D6.C7.A8.B9.A10.A11.D12.A13.A14.C15.B16.B17.B18.D19.C20.A21.D22.B23.B24.C25.B26.C27.D28.B29.C30.B31.E32.A33.B34.C35.C36.C37.D38.D39.C40.A41.A42.E43.A44.C45.D46.D47.E48.B49.D50.B

1.Q.Thetermpaper-goldisassociatedwith

A.SpecialDrawingRights(SDRs)fromtheIMF.

2.Q.TRAIrefersto

A.TelecommunicationResearchAuthorityofIndia.

3.Q.DisguisedUnemploymentmeans

A.Morepersonsemployedforajobthatonlyafewcouldaccomplish

4.Q.BIFRstandsfor

A.BoardofIndustrialandFinancialReconstruction

5.Q.NationalRemoteSensingAgency(NRSA)islocatedat

A.Hyderabad

6.Q.ProfessorAmartyaSenisthe_____IndiantowinaNoblePrize

A.Sixth

7.Q.OperationFlood-II,theprestigiousmilkproductsrevolutionofIndiawasinitiatedon

A.October2,1979

8.Q.OperationFloodisrelatedto_____whereasdevelopmentoffisheriesisrelatedto_____

A.Whiterevolution,BlueRevolution

9.Q.MixedFarmingrefersto

A.Agricultureanddairyfarmingclubbedtogether

10.Q.AccordingtoCensus-2001thedensityofpopulationinIndiaisaround

A.324

11.Q.NPAstandsfor


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A.NonPerformingAssets

12.Q.WhatiscommoninIRDP,JRY,DDP,DPAP?

A.Thesearetheschemesinitiatedbythecentralgovernmentforeliminatingpovertyandunemploymentintheruralareas

13.Q.TheWorldBank,alsoknownastheInternationalBankofReconstructionandDevelopmentislocatedat

A.Washington

14.Q.PerfectCompetitionissaidtoexistif

A.Everyfirmintheindustryacceptsthemarketpricebecauseithasto

15.Q.Afirmwouldbeoptimumsizeif

A.Averagetotalcostisminimum

16.Q.TheTwogapstheoryrefersto

A.Savingsgapandexchangegap

17.Q.Thecosts,whichvarywiththeoutput,aretermedas

A.Overheadcosts

18.Q.Ifthedemandandsupplyschedulesforacommodityincreasesbyanequalamount,themarketpricewouldtendto

A.Remainunchanged

19.Q.Customsduties,exportduties,corporationtaxes,taxesoncapitalvalueofassets(excludingagriculturallandofindividualsandcompanies)are

A.Taxesanddutieswhichaccruewhollytothecentralgovernment.

20.Q.Deflationmeans

A.Acontractioninthevolumeofmoneyorcreditthatresultsinadeclineofpricelevel.

1.WhichofthefollowingisratedthepoorestregionoftheWorld?

(A)TheMiddleEast

(B)Asia

(C)Sub-SaharanAfrica

(D)LatinAmerica

(E)Noneofthese

Ans:(C)

2.Whichofthefollowingtermsisnotusedintheworldofeconomics/finance?


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(A)SinkingFund

(B)ThirdWorld

(C)OpenDoorPolicy

(D)Devaluation

(E)PrivilegeMotion

Ans:(B)

3.Outofthetotalpopulationoftheworldabout80%ofitlivesin

(A)Developedcountries

(B)BRICcountries

(C)LatinAmerica

(D)Developingcountries

(E)Noneofthese

Ans:(D)

4.RashtriyaSwasthyaBimaYojana(RSBY)isaschemelaunchedbytheMinistryof

(A)Finance

(B)RuralDevelopment

(C)Commerce

(D)Industry

(E)Labour

Ans:(E)

5.WhatisthefullformoftheabbreviationASEAN?

(A)AssociationofSouthEastAgroNations

(B)AssociationofSouthEastAsianNations

(C)AllianceofSouthEastAsianNations

(D)AllianceofSouthEastAsianNeighbours

(E)Noneofthese

Ans:(B)

6.Whichofthefollowingistheschemeforprovidingelectricityconnectionstoalltheruralhouseholdinthecountry?

(A)ASHA

(B)Swadhar


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(C)KutirJyoti

(D)DeepMala

(E)Noneofthese

Ans:(C)

7.ManytimeswereadaboutPPPineconomicliterature.WhatPPPis?Itisaconceptwhich

(A)tellsusthatexchangeratesbetweencurrenciesareinequilibriumwhentheirpurchasingpoweristhesameinboththecountries

(B)tellsusthatexchangeratesbetweencurrenciesareinequilibriumwhentheirpurchasingpowerisdifferentinboththecountries

(C)PPPmeansthecurrentExchangeRateofacurrencyagainstUS$

(D)ameasureofincomeinequalityindevelopingcountries

(E)Noneofthese

Ans:(A)

8.AsweallknowtheHumanDevelopmentIndex(HDI)isanindexofsocialperformanceinasinglecompositeindex.Itisanindicationof

(A)disparityreductionrate,humanresourcedevelopmentrateandthecompositeindex.

(B)longevity,educationandlivingstandard

(C)thefacilitiesforminimumschooling,adultliteracyandeducationalattainments

(D)GDPofanationandthestatusofitsBalanceofTrade

(E)Noneofthese

Ans:(B)

9.WhichoneofthefollowingcountriesisnotconsideredaNewlyIndustrializedCountry(NIC)?

(A)SouthAfrica

(B)Mexico

(C)Brazil

(D)Turkey

(E)France

Ans:(D)

10.Whichofthefollowingstatements(s)is/arecorrectaboutNationalRuralEmploymentGuaranteeAct(NREGA)?


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1.NREGAisapplicabletoallruralareasofthecountry

2.OnlyconstructionworkshallbegiventotheworkersemployedunderthisAct

3.EveryworkerisgivenanamountofRs.250perdayforaeighthoursshift

(A)Only1

(B)Only2

(C)Only3

(D)Only1and2

(E)All1,2and3

Ans:(D)

11.WhichofthefollowingisnottrueaboutfarmersinLeastDevelopedCountries(LDCs)?

(A)Thestaplecropisthechiefsourceoffood

(B)Labourisunderutilizedexceptforplantingandharvestingseasons

(C)Onthetraditionalfarm,outputisalwaysgreaterthanconsumption

(D)Cultivatorsutiliseonlyasmallportionofland

(E)Noneofthese

Ans:(B)

12.Whichofthefollowingorganizations/agenciescontrolsthemonetarypolicyofourcountry?

(A)SEBI

(B)PlanningCommission

(C)RBI

(D)UnionMinistryofFinance

(E)Noneofthese

Ans:(C)

13.AmartyaK.Senemphasizesthathavingenoughtoeatdependsononeverycruc

ialfactor.Whichofthefollowingisthatfactor?

(A)Societyssystemofentitlement

(B)Distributionofagriculturalincome

(C)Lowpovertyrates

(D)Structureofthefamily


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(E)Noneofthese

Ans:(A)

14.TheNationalFoodforWorkschemeisnowsubmergedwithwhichofthefollowing?

(A)PradhanMantriGramSadakYojana

(B)MahatmaGandhiNationalRuralEmploymentGuaranteeAct.

(C)BharatNirman

(D)IndiraAwasYojana

(E)Noneofthese

Ans:(B)

15.ManyatimeswereadaboutFertilityRateineconomicliterature.WhatisfertilityRate?

(A)Thetotalnumberofchildrenborninacountryinagivenyeardividedbynumberofchildrendied

(B)Thenumberofchildrenborntoanaveragewomanduringherreproductiveyears

(C)Thenumberofbirthsinacountrydividedbytotalpopulationinagivenyear

(D)Thenumberofwomenintheagegroupof15-45yearsinacountrydividedbytotalnumberofwomendiedduringchildbirth

(E)Noneofthese

Ans:(B)

16.Howisdualeconomydistinguishedfromothereconomies?

Itisamixtureof

(A)industrialsectorandmanufacturingsector

(B)traditionalagriculturalsectorandamodernindustrialsector

(C)stateownershipofthemeansofproductionincooperationofforeignorganizations

(D)industrialsectorandtradingofgoodsobtainedthroughimports

(E)Noneofthese

Ans:(B)

17.WatershedDevelopmentSchemesareapartof

1.DevelopmentofRuralEconomy.

2.DevelopmentofSkilledWorkers.


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3.DevelopmentofIrrigationfacilitiesinIndia.

(A)Only1

(B)Only2

(C)Only1and3

(D)Only3

(E)All1,2and3

Ans:(C)

18.ThesecondsummitofwhichofthefollowingorganisationstookplaceinBrazilrecently?

(A)G-8

(B)G-20

(C)SAARC

(D)ASEAN

(E)BRIC

Ans:(E)

19.DuringtherecentDepressionworkersinDevelopedcountriespreferredtotakeinferiorjobsinsteadoflayoff.Thissituationisknownas

(A)Seasonalunemployment

(B)Cyclicalunemployment

(C)Disguisedunemployment

(D)Voluntaryunemployment

(E)Noneofthese

Ans:(E)

20.WhichofthefollowingtermsisnotassociatedwiththegameofFootball?

(A)Cornerkick

(B)Wideout

(C)Linemen

(D)Followon

(E)Fullback

Ans:(D)

21.Onwhichoneofthefollowingissues,therehadbeenadisputebetweenIRDA


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andSEBI?

(A)ULIPproducts

(B)ViolationofSEBIguidelinesinrespectofinvestmentbybigcompaniesinequities

(C)ViolationofSEBIguidelinesaboutdisclosurestobemadebythecompanies

(D)OverlappingofthefunctionsofIRDAandSEBI

(E)Noneofthese

Ans:(A)

22.AsperthereportspublishedinvariousnewspapersMaharashtraandGujarathavesignedanagreementonlinkingofmajorriversofthestate.Whichofthefollowingisacommonriverbetweenboththestates?

(A)Narmada

(B)Ganga

(C)Krishna

(D)Betwa

(E)Noneofthese

Ans:(A)

23.Wehavenoticedatonseveraloccasionsthatcostofpetroleumproductsfluctuatesfrequently.TheactionofOPECmembersattimestolimitoutputandfixpricesmaybeunderstoodasanactionarisingoutof

(A)instructionsfromWTO

(B)fluctuationinoutput

(C)practicesoftheoilindustry

(D)groupdynamics

(E)cartel

Ans:(B)

24.WhichofthefollowingcountrieswontheFIFAWorldCup2010?

(A)Germany

(B)Netherlands

(C)SouthAfrica

(D)Spain

(E)Brazil

Ans:(D)


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25.WhoamongstthefollowingisnotaBadmintonPlayer?

(A)AparnaPopat

(B)SainaNehwal

(C)V.V.S.Laxman

(D)P.Gopichand

(E)ChetanAnand

Ans:(C)

26.WhatisBilateralaid?

(A)ItistechnicalaidgivenbyI.M.F.tovariouscountries

(B)Itisgivendirectlybyonecountrytoanother

(C)Itisaidwiththeconditionthattherepaymentwillbeininconvertiblecurrency

(D)Itisacommercialloanmadeavailablebyvariousinstitutionsjointly

(E)Noneofthese

Ans:(B)

27.WhoamongstthefollowingistheauthorofthebookAHimalayanLoveStory?

(A)NamithaGokhale

(B)V.S.Naipaul

(C)AnitaDesai

(D)LaxmiSehgal

(E)Noneofthese

Ans:(A)

28.Whichofthefollowingisthenameoftheorganizationcreatedspecificallytodevelopsmallscaleindustrialsectorinourcountry?

(A)NAWARD

(B)SEBI

(C)SIDBI

(D)AMFI

(E)Noneofthese

Ans:(C)

29.WhoisNandanNilekani?


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(A)Chairman,UniqueIdentificationAuthorityofIndia

(B)Chairman,AirportAuthorityofIndia

(C)Member,UGC

(D)Member,PlanningCommission

(E)Noneofthese

Ans:(A)

30.WhichofthefollowingcountrieswillhostthenextSAARCSummit?

(A)India

(B)Bhutan

(C)Nepal

(D)Fiji

(E)Noneofthese

Ans:(E)

31.Whichofthefollowingorganisation/agenciesisspecificallysetuptoboostoverallruraldevelopmentinIndia.

(A)RBI

(B)SIDBI

(C)NABARD

(D)SEBI

(E)Noneofthese

Ans:(C)

32.CommonwealthGames2010aretobeorganisedinDelhiinthemonthof

(A)October

(B)November

(C)August

(D)December

(E)September

Ans:(A)

33.WhichofthefollowingcupsisassociatedwiththegameofHockey?

(A)AghaKhanCup


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(B)DCMTrophy

(C)DavisCup

(D)DerbyTrophy

(E)RoversCup

Ans:(A)

34.Whichofthefollowingisahorticulturalcrop?

(A)Urad

(B)Jowar

(C)Bajra

(D)Wheat

(E)Mango

Ans:(E)

35.AccordingtoPlanningCommission,thedegradedsoilofwhichoneofthefollowingStates,posesabigthreattofoodsecurityandcancauseseriouseconomicimplicationstothenation?

(A)Haryana

(B)U.P.

(C)M.P.

(D)Karnataka

(E)Punjab

Ans:(E)

36.WhichofthefollowingorganisationsmaintainstheRuralInfrastructureDevelopmentFund(RIDF)?

(A)RBI

(B)NABARD

(C)SIDBI

(D)LIC

(E)Noneofthese

Ans:(B)

37.Whichofthefollowingis/trueabouttheCompetitionCommissionofIndia(CCI)?

1.CCIisaregulatorybodyhavingquasi-judicialstructure.


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Ans:(E)

41.MuhammadYunusofBangladeshwhowasawardedNobelprizeafewyearsbackisafamous

(A)Author

(B)Economist

(C)Socialworker

(D)Scientist

(E)Noneofthese

Ans:(B)

42.SacredGamesisanovelwrittenby

(A)AmitaDesai

(B)ArundhatiRoy

(C)KiranDesai

(D)KhushwantSingh

(E)VikramChandra

Ans:(E)

43.Whoamongstthefollowingisafamousauthor?

(A)ChetanBhagat

(B)S.C.Jamir

(C)AnjaliBhagwat

(D)O.P.Mehra

(E)Noneofthese

Ans:(A)

44.TheG-20SummitwasorganisedinJune2010,inwhichofthefollowingcities?

(A)London

(B)Paris

(C)Tokyo

(D)Toronto

(E)Noneofthese

Ans:(D)


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45.TheGovt.ofIndiahasestablishedastrategicreserveofabout5milliontonnesofwhichofthefollowingcommodities?

(A)Steel

(B)Sugar

(C)Oil

(D)Foodgrains

(E)Noneofthese

Ans:(D)

46.MidDayMealSchemeislaunchedtoprovidecookedfoodtothe

(A)Childrenattendingschool

(B)ThosewhoaregettingNationalOldAgePension

(C)WorkersofNationalRuralEmploymentAct

(D)ResidentdoctorsofGovt.Hospitalsinruralareas

(E)Noneofthese

Ans:(A)

47.WhichofthefollowingisnotaCashCrop?

(A)Tobacco

(B)Cotton

(C)Coffee

(D)Bajara

(E)Tea

Ans:(D)

48.MembersoftheRajyaSabhaareelectedforaperiodof

(A)4years

(B)21/2years

(C)6years

(D)5years

(E)Noneofthese

Ans:(C)

49.TheICCCricketWorldCupFinal2011willbeplayedinwhichofthefollowingcitiesinIndia?


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(A)Kolkata

(B)Mumbai

(C)Delhi

(D)Chennai

(E)Noneofthese

Ans:(B)

50.WhatisthecontributionofAgriculturalSectorinthetotalGDPofIndia?About

(A)10%

(B)20%

(C)40%

(D)30%

(E)50%

Ans:(B)

POINTTOREMEMBERS

LLP:LimitedLiabilityPartnership

OrganizationsmaintainstheRuralInfrastructureDevelopmentFund(RIDF)-NABARD

TRIPSTradeRelatedIntellectualPropertyRights

TRIMSTradeRelatedInvestmentMeasures

areassociatedwith---DunkelProposal

ManyatimeswereadaterminfinancialnewspapersSEPA.Whatisthefullformoftheterm

SingleEuroPaymentsArea

MarginalPropensitytoConsume(MPC)meansWhenincomerisesconsumptionRemainsconstant

NationalAgriculturalCooperativeMarketingFederationisknownas

NAFED

NABARD(developmentbank)recentlylaunchedFarmersInformationServiceviaSMStohelpfarmersinGujaratstate

ESMA:EssentialServicesMaintenanceAct

TradecontrolinIndia:DGFT(DirectorategeneralofForeignTrade)

ANBC:AdjustedNetBankcredit


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AdjustedNetBankCreditisNetBankCreditaddedtoinvestmentsmadebybanksinnon-SLRbonds(inheld-to-maturity(HTM))oritisthecreditequivalentofoff-balance-sheetexposures,whicheverishigher.

GreenTaxonvehicles:TheMaharashtragovernmentdecidedtolevyenvironmenttaxoncommercialvehicleswhichareovereightyearsoldandprivatevehicleswhichareover15years

BranchlessBanking:

Bankswillnothavemanybranchesasusedtobeinthegoodolddays.Instead,thenumberofbrancheswillberestrictedandwillconductonlyaspecifiedcorebusiness.

Bankswilllaunch/operatemanydeliverychannelslikeATMs,MobileBanking/InternetBankingetcsotthatpeoplearenotrequiredtovisitabranchfortheirusualbankingneeds.

Thismeansbankswillissueonlydebitorcreditcardsforalltypesofday-to-dayfinancial

transactions.Cheques/cashpaymentswillnotbeallowed.

RuralWomancanavailthebenefitofMahilaSamriddhiYojanaiftheyopentheir

accountin

RuralPostoffices.

DTCstandsforDirectTaxCode

ULIP:UnitLinkedInsurancePlan

CFRA:CombinedFinanceandRevenueAccounts

CGRA:CurrenyandGoldrevalutionAccount

FullyownedbyRBI:

Fullyowned:NationalHousingBank(NHB),

DepositInsuranceandCreditGuaranteeCorporationofIndia(DICGC),

BharatiyaReserveBankNoteMudranPrivateLimited(BRBNMPL

MinimumSupportPricerecommendedbyCommissionforAgriculturalCostsandPrices(CACP)

NDS:NegotiatedDealingSystemisanelectronicplatformforfacilitatingdealinginGovernmentSecuritiesandMoneyMarketInstruments.

TwoproductsfromSIDBI

AssistanceforMSME

1.GEMS:GrowthcapitalandEquityAssistanceforMSMES.

2.FACE:FlexibleAssistanceforcapitalexpenditure

Electronicpaymentproductsviz.


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RealTimeGrossSettlement(RTGS),

NationalElectronicFundsTransfer(NEFT),

NationalElectronicClearingService(NECS)and

ElectronicClearingService(ECS)

CGTMSE:CreditguaranteeandFundTrustforMicroandSmallEnterprises

SetupbyGOI+SIDBI

IBPC:InterbankParticipationCertificate

FIRC:ForeignInwardRemmitanceCertificate

CLSS;CreditlinkedCapitalSubsidyscheme

SEPA:SingleEuroPaymentArea

ESMA:EssentialServiceMaintenanceAct

CBLO:CollateralizedBorrowingandlendingobligation(MoneyMarketinstrument)

DifferentTypesofMoneyMarketInstrument:

T-bills

RepurchaseAgreements

Commercialpapers,

CertificateofDepositusedbybanks.

IRS-Interestrateswap

FRA-ForwardRateAgreement

bothusedbyCCIL(clearingcooperationofIndiaLimited)

Whenaloangrantedforpurchaseofwhitegoodscalledconsumerdurableloan

ObjectiveofNFSM(NationalFoodSecurityMission)Toincreasetheproductionofwheat,riceandpulsesonasubstainablebasics

FNC-financialHoldingcompanyheadedbyShyimaalGopinath

NSDP:Nationalsummarydatapage

SDDS:specialDatadisseminationstandarddevelopedbyIMF.

FINO:FinancialinformationandNetworkoperations

RBIsFirstsubofficeinnortheasternstate-Tripura

Guarenteetoexporters-ECGC-ExportCreditCorporationofIndia

CreditHistoryofBorrowersbyCIBIL(creditInformationBureaindiaLimited)

BIFR:BoardforFinancialandEconomicReconstruction


24/25


25/25

ICAAP:InternalCapitalAdequacyAssessmentProcess(donebybankitself)

STCI:SecuritiesTradingCoorporationofINDIA(RBIpromotesSTCItoPSBs)

SREP:SupervisoryReviewandEvaluation(processdonebyRBI)

CAFRAL:CenterforAdvancedFinanceReasearchandLearning

NOHC:NonOperativeHoldingCompany

ASHA:AccreditedSocialHealthActivist

COPRA:consumerProtectionACt

TRIFIED:TribalcooperativeMarketingDevelopmentfederationofIndiaLimited

COMESA:CommonMarketforEastrenandSouthernAfrica.

TERC:TradeandEconomicRelationsCommittee(headedbyPrimeMinister)

BIFR:BUreauofIndustrialandFinancialReconstruction

FLCC:FinancialLiteracyandCreditCounselling

CENVAT-CantralValueADDEDTAX,exciseduty/servicetaxispaidonlywhengoodsareconsumed.Tillthen,burdenofdutygetspassedontothenextbuyer/customer

CAPART:CouncilforAdvancementofPeople'sactionandRuralTechnology

SABLA:AwomanwelfareprogrammelaunchedbytheCentralgovt

Committies:

TaraporeCommitteesubmitteditsreportonFullConvertibilityonRupeeinCapitalaccount

committeerecommendedabolitionoftaxrebates-KelkarCommittee

TheReserveBankhasconstitutedaworkinggrouptoreviewthecurrentoperatingprocedureofmonetarypolicy,astransmissionofthepolicytotherestofthesystemremainsimperfect.Thegroup,tobeheadedbyRBIexecutivedirectorDeepakMohanthy,willalsoreviewtheliquidityadjustmentfacility(LAF),throughwhichthecentralbankmanagesmoneysupplyinthesystemonaday-to-daybasis

DeepakMahantycommittee-relatedtoBaserate

UshaThoratcommitteecommitteesugested75000villageswillhavebankingservicesbytheyearend2012

RBIGovernorheadstheSub-committieofFSDC(FinancialstabilitydevelopmentConcil)

Y.HMalegamcommittee-MFISector

Pranabsencommitte-relatedtoSlum

ga banking sector

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