Answer: Option C
2. What is the full form of ‘CORE’ in core banking services ?
Answer: Option D
3. Consider the following statements about Multidimensional Poverty Index (MPI)
(A) MPI focuses on education, health & living standard as a supplement to income based measure of poverty
(B) India ranks 63 in MPI based poverty ranking among 104 developing countries.
(C) Bihar is the second poorest state in India on the basis of MPI based poverty ranking.
Which of above statement(s) is/ are true ?
Answer: Option A
4. What is the upper limit of RTGS transactions in India ?
Answer: Option A
5. Open unemployment refers to people –
Answer: Option B
6.’Open Market Operation’ is a part of –
Answer: Option C
7. SDR, the currency of the IMF, is in the form of –
Answer: Option D
8. Which of the statements given below is/are incorrect ?
(A) United Stock Exchange is the fourth country level exchange of India.
(B) It is headquartered at Mumbai.
(C) It will trade in six foreign currency derivatives.
Answer: Option E
9. In India, National income is estimated by ?
Answer: Option C
10. Hindu Rate of Growth refers to the rate of growth of –
Answer: Option A
Answer: Option B
2. How many times has financial emergency been declared in India so far ?
Answer: Option D
3. Which one of the following is not charged on the Consolidated Fund of India ?
Answer: Option D
4. What would be the New Price Index that would measure inflation ?
Answer: Option B
5. What is the maximum ceiling on Foreign Direct Investment (FDI) for investment in the equity of Public Sector Banks in India ?
Answer: Option A
6. According to 2011 Census, Sex Ratio in India stood at —–females per 1000 males .
Answer: Option D
7. Indian Stock Market deals in ——–.
Answer: Option E
8. ‘Self Help Group’ is associated with which of the following Rural Development Programmes ?
Answer: Option B
9. During which of the following plan period annual growth rate of G.D.P. was registered as 3.6%?
Answer: Option A
10. Call money is related to –
Answer: Option A
Answer: Option B
2. Which of the following is/are TRUE about the “Village Gram Bank Scheme” ?
Answer: Option A
3. NAMA word is related to which organisation ?
Answer: Option A
4. SEBI is related to ———–
Answer: Option C
5. What is the main function of National Planning Council ?
Answer: Option A
6. Which of the following services is NOT provided by the post offices in India ?
Answer: Option C
7. Banks are required to pay how much percentage of their net bank credit to Priority Sector in advance ?
Answer: Option C
8. Economic Planning comes under which of the following lists ?
Answer: Option B
9. Which of the following is/are correct about the ‘Operational Risk’ as used in the field of banking ?
A. Risk of loss due to inadequate or failed internal process.
B. Risk of loss due to natural calamities.
C. Loss occurred due to non compliance of legal procedures.
Answer: Option A
10. The word “Code Sharing” is most used in which of the following industries ?
Answer: Option D
Answer: Option C
2. Bank Rate is———–
Answer: Option D
3. Which of the following statements is/are TRUE about Share Market ?
(A) Share Market is operated in stock exchange.
(B) In India Saurastra stock exchange and Kanpur stock exchanges are closed recently.
(C) In India 22 Stock Exchange are in operating condition.
Answer: Option D
4. Which of the following organisations releases “World Economic Outlook” Report ?
Answer: Option C
5. Money laundering is related ———–
Answer: Option C
6. In which year Public Debt Act was passed ?
Answer: Option C
7. Which of the following is not included in Indian Economy ?
Answer: Option B
8. National Income indicates –
Answer: Option D
9. The first five year plan was started in ———.
Answer: Option C
10. What is the full form of ASBA ?
Answer: Option C
Answer: Option C
2. Ministry of Communications and IT has launched a social security scheme the Service Discharge Benefit Scheme (SDBS) ————-.
Answer: Option A
3. In which year National Bank for Agriculture and Rural Development (NABARD) was established in _____.
Answer: Option B
4. In banking terminology bad loans refer to ——————.
Answer: Option B
5. Which of the following department is not a part of Finance Ministry of India ?
Answer: Option D
6. Which of the following is the name of a Private Sector Bank in India ?
Answer: Option B
7. What is an Indian Depository Receipt ?
Answer: Option C
8. Which is included in Capital budget ?
Answer: Option A
9. Mobile banking is set to get a boost from IMPS, which stands for—————-.
Answer: Option A
10. What is the full form of NSDL ?
Answer: Option A
Answer: Option C
2. In 2011-12 Central Government launched a new Scheme ‘Swabhimaan’. Which statements are true about it ?
Answer: Option E
3. Which of the following terms is/are related with finance and banking ?
Answer: Option C
4. Tarapore Committee submitted its report on “Full Convertibility on Rupee” in –
Answer: Option C
5. Scheme inaugurated helpline ‘Udyami’ is to assist———-.
Answer: Option E
6. Consider the following statements about newly launched Mahila Kisan Sashaktikaran Pariyojana and State which of the following is/are the objectives of MKSP ?
(A)To create sustainable agricultural livelihood opportunities for women in agriculture
(B)To ensure food and nutrition security at the household and community level.
(C)To enhance the productive participation of women in agriculture.
Answer: Option C
7. Which of the following is not Development Bank/Non Commercial Bank ?
Answer: Option E
8. Which of the following is another name for Bank of Sweden Prize ?
Answer: Option E
9. Market Cost of a product includes ____.
Answer: Option D
10. In the first phase of nationalization of banks how many banks were nationalized ?
Answer: Option E
Answer: Option B
2. What was the targeted growth rate for 2012-17 in the 12th Five Year Plan?
Answer: Option A
3. Gilt – Edged market means——-.
Answer: Option C
4. Many times we have read about ULIP in newspapers. ULIP stands for ________.
Answer: Option D
5. Devaluation of currency results in ____
Answer: Option C
6. The Govt. of India replaced the FERA by _______.
Answer: Option A
7. Banking which involves mobilizing large part of the deposits in risk free assets such as government securities is called _______.
Answer: Option D
8. What is the full form of REER?
Answer: Option C
9. Consider the following statements and state which of them are true?
A. The planning commission’s 40 members steering committee on Health will advise panel on the twelfth five year plan.
B. The 40 member committee on Health is chaired by Syeda Hameed.
C. The steering committee will review the National Health Policy, as well as explore the possibility of adopting the Right to Health as an approach with focus on women, children & preventive & curative healthcare.
Answer: Option D
10. IRDA announced a Health Insurance Policy Portability. This will be implemented from _______.
Answer: Option D
Answer: Option C
2. Consider the following & state which of them are TRUE ?
(A) New Foreign Contribution Regulation Act has come into force.
(B) Under the law, no political party can receive foreign funds as donation.
(C) The act says in case of any organisation receiving funds over 10 lakh, bank will immediately inform govt. to enable agencies to track funds.
(D) There are over 40000 organisations receiving foreign contribution in country out of which only 18000 report the inflow of funds & submit their accounts.
Answer: Option A
3. Committee related with the merger of regional rural banks with their sponsor banks is——-.
Answer: Option A
4. Functions of NBFC includes———–.
Answer: Option D
5. What does PMLA stands for ?
Answer: Option D
6. Bad debts recovered is a ——for the organisation.
Answer: Option C
7. Which of the following term is not used in Banking/Finance ?
Answer: Option B
8. Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?
Answer: Option D
9. What does a rise in SENSEX means ?
Answer: Option B
10. Which of the following in India formulates the fiscal policy ?
Answer: Option C
Answer: Option B
2. Which one of the following launched social security scheme for ‘Gramin Dak Sevaks’ ?
Answer: Option C
3. What is the Platinum Jubilee Year of the RBI ?
Answer: Option E
4. National Food for Work Programme was launched in————–.
Answer: Option A
5. Kisan Credit Card scheme was launched in the year________.
Answer: Option B
6. Credit which is available at low rates of Interest is defined as _______.
Answer: Option D
7. Which Bank is the apex bank of USA ?
Answer: Option C
8. Which of the following statements are correct about Finance Commission ?
(A) It is a statutory body.
(B) It is constituted under article 280 of Indian constitution.
(C) Mr. K. C. Pant is the Chairman of 13 Finance Commission.
Answer: Option C
9. In Regional Rural Banks, What is the contribution of the Sponsor Banks ?
Answer: Option C
10. Which one of the following is not a part of the World Bank Group ?
Answer: Option B
E. None of these
Answer: Option D
2. What is the full form of LERMS ?
Answer: Option A
3. Which of the following is the basic objective of R.B.I’s monetary policy ?
Answer: Option D
4. Stagflation refers to ________.
Answer: Option D
5. Which of the following measures is not taken by government to control inflation ?
Answer: Option B
6. The object of introducing base rate by RBI is_____.
(A) Enhancing transparency in lending rates of banks
(B) Enabling better assessment of transmission of monetary policy
(C) Keeping interest rates low
Answer: Option A
7. Which of the following defines Commercial Papers?
Answer: Option B
8. Which of the following bill is regarding timely delivery of information & documents like birth & death certificates & revenue records to people & empowering them to file complaints against delays?
Answer: Option B
9. Which of the following terms is not related with banking/finance?
Answer: Option D
10. What is the maturity period of Treasury Bills issued by Government of India?
Answer: Option D