Practice Test

Q1) RBI's open market operation transactions are earned out with a view to regulate Show Answer

Q2) When more than one bank are allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as Show Answer

Q3) Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, means Show Answer

Q4) The bank rate means Show Answer

Q5) What is an Indian Depository Receipt? Show Answer

Q6) An instruments that derives its value from a specified underlying (currency, gold, stocks etc.) asset is known as Show Answer

Q7) Fiscal deficit is Show Answer

Q8) In the Capital Market, the term arbitrage is used with reference to Show Answer

Q9) Reverse repo means Show Answer

Q10) The stance of RBI monetary policy is Show Answer

Q11) Currency Swap is an instrument to manage Show Answer

Q12) "Sub-prime" refers to Show Answer

Q13) Euro Bond is an instrument Show Answer

Q14) Money Laundering normally involves Show Answer

Q15) The IMF and the World Bank were conceived as institutions to Show Answer

Q16) Capital Market Regulator is Show Answer

Q17) In the term BRlCS, R stands for Show Answer

Q18) FDI refers to Show Answer

Q19) What is Call Money? Show Answer

Q20) Which is the first Indian company to be listed on NASDAQ? Show Answer

Q21) Which of the following is the regulator of the credit rating agencies in India? Show Answer

Q22) Who is Brand Endorsing Personality of Bank of Baroda? Show Answer

Q23) The branding line of Bank of Baroda is Show Answer

Q24) The logo of Bank of Baroda is known as Show Answer

Q25) Which of the following statements is/are True about the exports of China, which is a close competition of India?
(A) China's economic success is basically on the fact that it exports cheaper goods to rich nations like USA, etc.
(B) In the year 2007 China's exports became almost 40% of its GDP.
(C) When compared to India, China's share in the World Exports is more than 30% whereas India's share is mere 6% of the global exports. Show Answer

Q26) One of the major challenges banking industry is facing 'M these days is money laundering. Which of the following acts/norms are launched by the banks to prevent money laundering in general? Show Answer

Q27) Lot of Banks in India these days are offering M-Banking Facility to their customers. What is the full form of 'M' in M- Banking ? Show Answer

Q28) Which of the following is/are true about the "Sub-Prime Crisis"? (The term was very much in news recently)
(A) It is a mortgage crisis referring to credit default by the borrowers.
(B) Sub-Prime borrowers were those borrowers who were rated low and were high-risk borrowers.
(C) This crisis originated because of negligence in credit rating of the borrowers. Show Answer

Q29) Which of the following is NOT the part of the structure of the Financial System in India? Show Answer

Q30) Which of the following is NOT the part of the scheduled banking structure in India? Show Answer

Q31) As we all know Govt of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the Govt ?
(A) Tax on Income
(B) Tax on Expenditure
(C) Tax on Property or Capital Asset
(D) Tax on Goods and Services Show Answer

Q32) We very frequently read about Special Economic Zones (SEZs) in newspapers. These SEZs were established with which of the following objectives?
(A) To attract foreign investment directly
(B) To protect domestic market from direct competition from multinationals
(C) To provide more capital to agricultural and allied activities Show Answer

Q33) Which of the following groups of Countries has almost 50% share in global emission of carbon every year? Show Answer

Q34) Which of the following correctly describes the concept of "Nuclear Bank" floated by International Atomic Energy Agency?
(A) It is a nuclear/fuel bank to be shared by all the nations jointly
(B) It is a facility to help nations, in enrichment of uranium
(C) It is an agency which will keep a close vigil on the nuclear programme of all the nations Show Answer

Q35) Many times we read about Future Trading in newspapers What is 'Future Trading'?
(A) It is nothing but a trade between any two stock exchanges where in it is decided to purchase the stocks of each other on a fixed throughout the year
(B) It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price
(C) It is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future offer a given period of time Show Answer

Q36) Inflation in India is measured on which of the following indexes/indicators? Show Answer

Q37) As per the reports published in the newspapers a section of society staged a demonstration at the venue of the G-8 Summit recently. What was/were the issues towards which these demonstrators were trying to draw the attention of G-8 leaders?
(A) Food shortage which has taken 50 million people in its grip
(B) Inflation which has gone up substantially across the Globe
(C) USA's consistent presence in Iraq Show Answer

Q38) Hillary Clinton formally suspended her campaign to ensure election of who amongst the following for the next President of USA? Show Answer

Q39) Hugo Chavez, whose name was recently in news, is the Show Answer

Q40) The Govt of India has raised the amount of the Loan Waiver to the farmers by 20%. Now the amount is nearly Show Answer

Q41) Delimitation. Commission has made a recommendation that next Census should be Panchayat-wise. When is the next Census due? Show Answer

Q42) The World Helath Organisation has urged that advertisments of which of the following should be banned to protect the youth from bad effects of the same ? Show Answer

Q43) Which of the following countries has allocated a huge amount of US $ 10 billion to provide relief to its earthquake victims? Show Answer

Q44) India and Nepal have many agreements on sharing of the water of various rivers. Which of the following rivers is NOT covered under these agreements? Show Answer

Q45) Which of the following names is NOT closely accosiated with space programme of India or any other country? Show Answer

Q46) Vijay Hazare Trophy is associated with the game of Show Answer

Q47) Which of the following was the theme of the Olympic Torch? Show Answer

Q48) Which of the following schemes is NOT a social development Scheme? Show Answer

Q49) Which of the following is NOT a member of ASEAN? Show Answer

Q50) Which of the following Awards are given for excellence in the field of Sports? Show Answer