1. The rate at which RBI purchases or rediscounts bills of exchange of commercial banks is called?
[A]Repo Rate
[B]Reverse Repo Rate
[C]Bank Rate
[D]Base Rate
Answer: D
2. In the capital market , simultaneous purchase and sale of securities to reduce the loss on purchase is known as …..?
[A]Arbitrage
[B]Hedging
[C]Trend following
[D]Shorting
Answer: A
3. Where do the Commercial Banks keep the liquid assets under the Statutory Liquidity Ratio?
[A]With RBI
[B]With other banks
[C]In the Market
[D]With Themselves
Answer: B
4. The terms such as ‘placement, layering, integration of funds’ are related to which among the following?
[A]Fiscal Management
[B]Financial Stability
[C]Money Laundering
[D]Capital Market Trading
Answer: C
5. Net Interest income is
[A]Interest earned on advances
[B]Interest earned on investments
[C]Total interest earned on advances and investment
[D]Difference between interest earned and interest paid
Answer: D
6. “Interest rate risk” can be placed in which among the following categories?
[A]Credit Risk
[B]Market Risk
[C]Operating Risk
[D]All of above
Answer: B
7. In an inflationary trend, the pricing of the bank products are:
[A]At increasing trend
[B]At decreasing trend
[C]No relevance of Inflation
[D]Constant
Answer: A
8. Consider the following statements:
1. Foreign Exchange markets are dynamic and round the clock markets.
2. Some Foreign Exchange markets operate within a country’s time zone.
3. Foreign Exchange markets are used only for trade
Which among the above is/ are correct statements ?
[A]Only 1
[B]1 & 2
[C]2 & 3
[D]1, 2 & 3
Answer: A
9. In which year Bombay Stock Exchange was established?
[A]1865
[B]1875
[C]1880
[D]1890
Answer: B
10. In which year NSE was established?
[A]1978
[B]1985
[C]1994
[D]1998
Answer: C
11. Who among the following own the EXIM Bank?
[A]Government of India
[B]Government of India + Reserve Bank of India
[C]Government of India + Reserve Bank of India +Some commercial Banks
[D]Government of India + Reserve Bank of India +Some commercial Banks +Financial Institutions
Answer: A
12. An Inchoate Instrument as per the NI Act is a document which is ____?
[A]Fraudulent
[B]Incorrect
[C]Incomplete
[D]Handwritten
Answer: C
13. Consider the following statements:
1. ICICI Bank was the first Bank to offer Internet banking in India
2. ICRA is a credit rating agency promoted by the Industrial Finance Corporation of India
3. Component of Gold and Gold Bullion in the assets of Issue Department of RBI are to be not less than Rs. 115 Crores.
Which among the above statements is/ are correct?
[A]Only 1
[B]1 & 2
[C]2 & 3
[D]1, 2 & 3
Answer: D
14. Which among the following is the highest credit risk rating that can be awarded to any company by CRISIL?
[A]AAA
[B]AAA+
[C]AA+
[D]A++
Answer: A
15. Consider the following:
Assertion: Bankers, in general, are hesitant to finance HUF (Hindu Undivided Family)
Reason: The liability of the firm to the banker is susceptible to change with the birth of male child or with the death of a male coparcener in the HUF
Choose the correct option:
[A]Both Assertion and Reason are correct and Reason is correct explanation of
Assertion
[B]Both Assertion and Reason are correct and Reason is NOT correct explanation of
Assertion
[C]Assertion is correct, Reason is incorrect
[D]Assertion is incorrect, Reason is correct
Answer:A
16. Consider the following:
1. High food, commodity and energy prices
2. Sovereign debt problems
3. High level of government debt
The Economy of India is facing which among the above problems now a days?
[A]Only 1
[B]1 & 2
[C]2 & 3
[D]1, 2 & 3
Answer: A
17. As per reports published in several business newspapers, which among the following is the largest regional emerging market in the world?
[A]ASEAN–China Free Trade Area
[B]ASEAN–India Free Trade Area
[C]Mercosur
[D]Asia-Pacific Trade Agreement
Answer: A
18. Which among the following is the main industry of MENA region of the World?
[A]Manufacturing
[B]Petroleum
[C]Mines and Minerals
[D]Tourism & Hospitality
Answer: B
19. If the government chooses to spend money freshly printed by the RBI against government securities, it should be kept in which among the following?
[A]Fiscal adjustment
[B]Deficit Financing
[C]Mandatory spending
[D]Retrenchment
Answer: B
20. Consider the following:
1. Reverse Repo Rate
2. Cash Reserve Ratio
3. Statutory Liquidity Ratio
4. Bank Rate
An increase in which among the above could raise the interest rates in the market?
[A]1
[B]1 & 2
[C]1, 2 & 3
[D]1, 2, 3 & 4
Answer: D
21. In which year, the World Bank revised the common international poverty line to $1.25 at the 2005 purchasing power parity?
[A]2006
[B]2007
[C]2008
[D]2009
Answer: C
22. As per the recent Government norms, an Infrastructure debt fund can be established as ____:
1. A trust
2. A company
3. A mutual Fund
Which among the above is/ are correct?
[A]Only 1
[B]1 & 2
[C]2 & 3
[D]1, 2 & 3
Answer: B
23. Which among the following is the India’s research Base in Arctic?
[A]Gangotri
[B]Maitri
[C]Himadri
[D]Bhagirathi
Answer: C
24. Which among the following Pakistani bowler is known to have devised the “Doosra” or second, a style bowled by an off-spinner?
[A]Rashid Latif
[B]Saqlain Mushtaq
[C]Shoaib Akhtar
[D]Waqar Yunuis
Answer: B
25. Chaukhtatgyi Buddha, which is the largest reclining Buddha in the world, is located in which among the following countries?
[A]Thailand
[B]Myanmar
[C]Cambodia
[D]Afghanistan
Answer: B
26. A village in the plain area of India comes under the Pradhan Mantri Gram Sadak Yojna , if its population is more than ___?
[A]500
[B]1000
[C]1500
[D]2000
Answer: A
27. As per the recent data, which among the following is the top state in terms of number of domestic tourist visits ?
[A]Andhra Pradesh
[B]Uttar Pradesh
[C]Goa
[D]Rajasthan
Answer: A
28. Which among the following is the Top state in India in terms of Foreign Tourist Visits?
[A]Rajasthan
[B]Goa
[C]Maharastra
[D]Delhi
Answer: C
29. With which among the following countries, India has recently signed bilateral Aviation Safety Agreement (BASA)?
[A]Australia
[B]Canada
[C]US
[D]UK
Answer: C
30. As per the recent estimates, India’s overall foodgrain production is expected to be 241.56 million tonnes, which is highest ever. Which among the following shares the maximum quantity in this ?
[A]Rice
[B]Wheat
[C]Coarse cereals
[D]Maize
Answer: A
