1. On which one of the following ‘Head of Expenses’, the expenses of the Government of India are highest ?
Food subsidy
Fertilizer subsidy
Pradhan Mantri Gram Sadak Yojana
Maintenance of national highways
Oil subsidy
2. Which one of the following foreign agencies will assist the municipal agencies to improve quality of municipal schools through its School Excellence Programmes (SEP) ?
IMF
UNDP
UNICEF
ADB
None of these
3. Which of the following carries out ‘Open Market Operations’ ?
Finance Ministry
External Affairs Ministry
Reserve Bank of India
Planning Commission
Ministry of Commerce
4. Who among the following Ministers will hold telecom portfolio in addition to his own portfolio till next reallotment ?
Kamal Nath
Kapil Sibal
Pranab Mukherjee
Mamta Banerjee
None of these
5. Under provisions of which one of the following Acts, the RBI issues directives to the Banks in India ?
RBI Act
Banking Regulation Act
Essential Commodities Act
RBI and Banking Regulation Act
None of these
6. Which one of the following tools is used by RBI for selective credit control ?
It advises banks to lend against certain commodities
It advises banks to recall the loans for advances against certain commodities
It advises banks to charge higher rate of interest for advance against certain commodities
It discourages certain kinds of lending by assigning higher risk weights to loans it deems undesirable
None of these
7. For which one of the following Loan Products ‘teaser loans’ are offered by Banks ?
Education Loans
Commercial Loans
Loans against security of gold
Retail Trade Loans
Home Loans
8. The Commonwealth Games 2010 were held in Delhi from October 3 to 14, 2010. Who amongst the following picked up the Game’s first gold medal ?
Augustina Nwaokolo
Ravinder Singh
Azhar Hussain
Carol Huynh
None of these
9. In which one of the following cities was the recent meet of G–20 Countries organised ?
Tokyo
Seoul
London
Beijing
Singapore
10. As per recent newspaper reports, which one of the following countries (among the given) has highest literacy rate ?
India
Sri Lanka
China
Vietnam
Bangladesh
11. Which one of the following has decided to give guarantee for infra loans ?
IDBI
SBI
IIFCL
SIDBI
None of these
12. In which one of the following States is the uranium project proposed to be set up ?
Manipur
Meghalaya
Orissa
Assam
Nagaland
13. Amongst 169 countries on Human Development Index which one of the following is India’s rank ?
89
91
119
129
138
14. What is ‘Kaveri’ ?
India’s indigeneous aircraft engine
India’s low cost laptop
India’s Air to Air Missile
India’s guided Surface to Air Missile
Unmanned Aircraft acquired from Israel
15. An increasing finished good stock as % to sales of a manufacturing Company indicates that ………. 1. the market is getting competitive 2. the quality of the goods is not upto the mark 3. the production cost has increased 4. the production has decreased
Only 1 and 2
Only 2 and 3
Only 3 and 4
Only 3
Only 4 and 1
16. Which one of the following has got RBI nod to issue prepaid cards to its clients ?
LIC
GIC
SIDBI
NABARD
None of these
17. For which one of the following reasons is an amendment in Companies Bill 2009 proposed ?
To provide more powers to Department of Company Affairs
To provide regulatory powers to Department of Company Affairs
To make Indian Accounting Standards applicable with effect from 1.4.2011
To ensure smooth convergence of the Indian Accounting Standards with IFRS
None of these
18. As per recent newspaper reports, India’s public debt rises 2.8 per cent to Rs. 28 lakh crore. Which one of the following is the reason that has forced commercial banks to buy Government securities ?
Lack of credit growth
Increase in credit growth
Raising of repo rate
Raising of reverse repo rate
None of these
19. In which one of the following States Sariska Tiger Reserve is located ?
M. P.
U. P.
Orissa
Gujarat
Rajasthan
20. On which one of the following characters, Biometric security is based ?
Finger prints and palm recognition only
Face recognition and voice recognition only
Hand writing and manual recognition only
Only first 2
All three
21. Which one of the following may be the consequence of buying forex in the marked by the RBI ?
It leads to inflation
It leads to control over inflation
It does not affect inflation
It results into deflation
None of these
22. Under provisions of which one of the following Acts, the Reserve Bank of India has the power to regulate, supervise and control the banking sector ?
RBI Act
Banking Regulation Act
Negotiable Instrument Act
RBI and Banking Regulation Act
None of these
23. Who amongst the following is the author of the book ‘The God of Small Things’ ?
Chetan Bhagat
V. S. Naipul
Namita Gokhale
Kiran Desai
Arundhati Roy
24. Which one of the following has proposed $ 11 billion infrastructure debt fund ?
NABARD
SBI
RBI
Ministry of Finance, Govt. of India
Planning Commission
25. Myanmar’s pro-democracy leader Suu Kyi is a ……….
42 years old politician
Bharat Ratna
Military General
Nobel Prize winner
None of these
26. Which one of the following factors influence working capital of a unit ?
Seasonality of operations only
Production Policy only
Suppliers Term only
None of The Above
All The Above
27. One of the following states is a major producer of spices ……….
Karnataka
Tamil Nadu
Kerala
Gujarat
Manipur
28. The NAV of a mutual fund ……
Is always constant
Keeps going up at a steady rate
Fluctuates with market price movements
Cannot go down at all
None of these
29. The expansion of TRAI is …….
Telecom Regulations and Inspection
Transport Regulatory Authority of India
Train Regulatory Authority of India
Telecom Regulatory Authority of India
Transfer Regulations Act of India
30. ASBA, a facility while applying / submitting an application for purchase of shares under a public issue, is ……….
Applications Simple Balance Amount
Amount Saved and Balance in Account
Already Savings Blocked Amount
Applications Supported by Blocked Amount
None of these
31. A Saving Bank Deposit Account is one where ……….
Amounts are deposited and are withdrawn as per requirement of the customers
The deposits are made only once in a year
Periodical Fixed amount are deposited month wise and withdrawals are allowed after a fixed period
All the above
None of these
32. Who is the Chief Minister of Maharashtra at present ?
Ashok Chavan
R. R. Patil
Vilasrao Deshmukh
Sushil Kumar Shinde
None of these
33. The expansion of CDMA is …….
Calculated Division of Many Applications
Computer Divided Multiple Access
Code Diversified Memory Applications
Code Division Multiple Access
None of these
34. ‘Merdeka Cup’ is associated with the game of ……….
Tennis
Hockey
Badminton
Cricket
Football
35. Which of the following is a financial asset ?
Gold
Silver
Shares in a demat account
Land & buildings
None of these
36. Zero balance account is generally allowed to be opened for ……….
Salaried class
businessmen
foreign customers
children
Senior Citizens
37. In Deposits Account ‘KYC’ (Know Your Customer) has been implemented in 2002 as per directive of ……….
IBA
RBI
Ministry of Finance
SEBI
IRDA
38. The regulator of the banking system in India is………
AMFI
Finance Minister
SEBI
IBA
RBI
39. Ten Rupee notes contain the signature of………
Finance Secretary, GOI
Chairman, State Bank of India
Governor, Reserve Bank of India
Finance Minister, GOI
Prime Minister
40. Statue of Liberty is the national monument of ……….
Italy
Australia
France
Denmark
USA
41. Loan against the security of immovable property is by executing an agreement of ……….
Assignment
Pledge
Transfer
Mortgage
None of these
42. Credit Rating ……….
is used to rate the borrowers while giving advances
is used to work out performance of the employees
is used to calculate the number of excellent audit rated branches
is NOT used in any Bank
is necessary before giving promotion to employees
43. Who amongst the following is the recipient of the ‘Dadasaheb Phalke Award 2010’ ?
Javed Akhtar
Amitabh Bachchan
Gulzar
Hema Malini
None of these
44. In Corporate Hedging, which one of the following types of risks can be covered ?
Liquidity risk
Currency risk
Credit risk
Transaction risk
None of these
45. Bank of Rajasthan is now merged with which of the following banks ?
AXIS Bank
IDBI Bank
ICICI Bank
HDFC Bank
None of these
46. As per GDP figures on calendar year basis, according to World Bank, which one of the following economies will have highest GDP growth in the year 2011 ?
US
China
Japan
India
Brazil
47. In respect of infrastructure bonds issued under provisions of Section 80 CCF of the Income Tax Act, what is the maximum amount (Rs. in thousands), upto which these bonds can be covered ?
30
20
40
50
None of these
48. Which of the following is the full form of the abbreviation ‘IFRS’ as used in corporate / finance sector ?
Indian Financial Reconciliation Standards
Interpretation and Formal Reporting System
International Financial Reporting Standards
International Financial Reporting System
None of these
49. As per the new guidelines issued by SEBI, companies are required to list shares within how many days of the closure of the Initial Public Offers (IPOs) ?