GENERAL AWARENESS PRACTICE QUESTIONS
1. Who amongst the following has never held post of the Governor of the RBI?
(1) C. Rangarajan
(2) l.K. Jha
(3) Manmohan Singh
(4) Bimal Jalan
(5) Usha Thorat
See Answer:
2. Which of the following cannot be called as the direct effect(s) of ‘Rise
of the BRlCs’ on global/other powerful economy/ economies?
(A) Countries like China wish to learn more about outsourcing from India.
(B) lt has made countries to suffer from Sub-prime Crisis.
(C) EURO has become a powerful currency and many non-Euro countries are in
‘Swap Agreement' with various nations.
(1) Only A
(2) Only B
(3) Only C
(4) All A,B & C
(5) None of these
See Answer:
3. As per the reports published in the newspapers the banks, particularly public
sector banks are tying up with various rating agencies for providing a qualitative
assessment of the credit needs of the borrowers. Which amongst the following
is/are such credit rating agencies in India?
(A) CARE
(B) CRISIL
(C) ULIP
(1) Only A
(2) Only B
(3) A and B only
(4) Only C
(5) All A, B and C
See Answer:
4. ‘Sub Prime Lending’ is a term applied to the loans made to ......
(1) Those borrowers who do not have a good credit history.
(2) Those who wish to take loan against the mortgage of tangible assets.
(3) Those who have a good credit history and are known to bank since 10 years.
(4) Those borrowers who are most preferred customers of the Bank.
(5) None of the above.
See Answer:
5. As per the reports published in various journals and newspapers the ’small
borrowers’ in rural areas still prefer to take informal route for their credit needs. Which of
the following is the ‘informal route’ of credit in financial sector?
(1) Credit cards
(2) Loan against gold from financial institute
(3) Debit cards
(4) Money lender
(5) None of the above
See Answer:
6. Basel-ll norms are associated with which of the following aspects of the banking industry?
(1) Risk management
(2) Manpower planning
(3) Retirement benefits for the employees
(4) Corporate Governance
(5) None of the above
See Answer:
7. What is meant by ’Underwriting’, the term frequently used in financial sector?
(1) Under valuation of the assets.
(2) The Act of taking on a risk for a fee.
(3) Giving a Guarantee that a loan will not
become a bad loan.
(4) The act of permission to float an IPO.
(5) None of the above
See Answer:
8. Which of the following is NOT a banking/finance related term?
(1) Credit wrap
(2) EMI
(3) Held to Maturity
(4) Exposure limit
(5) Diffusion
See Answer:
9. Very often we read about the Doha Ministerial Conference 2001 in reference to
WTO negotiations. What were the major issues over which nations were of different
opinions ?
(A) Providing subsidy to agriculture.
(B) Export of patented drugs/medicines by developed nations.
(c) Restriction on natural movement of people from one nation to other.
(1) Only A
(2) Only B
(3) Only C
(4) Both A and C
(5) None of these
See Answer:
10. A National Development Fund was created by the Govt. of India a few years ago. What
was the purpose of the fund?
(A) Boost investment in social sector projects to promote education, healthcare and
employment.
(B) Capital investments in selected profitable PSES to yield adequate returns
(c) To fund revision in pay structure of central Govt. employees.
(1) Only A
(2) Only B
(3) Only C
(4) Both A & B
(5) None of these
See Answer:
11. Amongst the currency quotes USD/JPY,USD/Euro and USD/CAD, which one of the
following is referred as the base currency for quotes?
(1) US $
(2) JPY
(3) Euro
(4) CAD
(5) None of these
See Answer:
12. Expand the term FLCC.
(1) Financial Literacy and Credit Counseling
(2) Financial Literacy Communication Centre
(3) Financial Literacy Call Centre
(4) Fiscal Literacy and Credit Counseling
(5) None ofthe above
See Answer:
13. For which one of the following purposes, the Government has launched the Rajiv Awes
Yojana?
(1) To provide affordable houses to people living BPL
(2) To provide affordable houses to rural poor
(3) To provide affordable houses to minorities
(4) To provide affordable houses to slum dwellers and the urban poor
(5) None of the above
See Answer:
14. What is a fiscal deficit?
(1) It is a gap between the values of the exports and imports
(2) lt is a gap between exports and imports minus external borrowings
(3) lt is a gap between total expenditure and total receipts of the Govt.
(4) lt is a gap between total receipts minus External Borrowing
(5) None of the above
See Answer:
15. ln which one of the following countries, the rate of Income Tax is highest?
(1) US
(2) China
(3) Japan
(4) UK
(5) France
See Answer:
16. Which one of the following organizations/agencies are involved in
drafting the Union Budget of India?
(1) The Planning Commission only
(2) The Comptroller and Auditor General only
(3) Administrative Ministries only
(4) (1) & (2) only
(5)All (1), (2) & (3)
See Answer:
17. Which of the following is the book written by VS Naipaul?
(1) Magic Seeds
(2) My God Died Young
(3) The Sea
(4) My India
(5) None of the above
See Answer:
18. Between 2004 and 2009, the Government has paid Rs 700 crores as penalty to World
Bank and other international agencies. For Which one of the following reasons this
Penalty was Paid?
(1) For prepayment of loans
(2) For delay in execution of projects
(3) For delay in payment of international debts
(4) For not using the loans approved by these agencies
(5) None of the above
See Answer:
19 . Which of the following is NOT an economic empowerment scheme launched by the
Govt. of india for the benefit of various sections of society?
(1) STEP
(2) Swayamsidha
(S) KALPANA-1
(4) Swadhar
(5) All of these
See Answer:
20. Which of the following is NOT a programme/agency of the Union Ministry of
Finance?
(1) Investor Education and Protection Fund (IEPF) .
(2) National Foundation for Corporate Governance (NFCG)
(3) Serious Frauds Investigation Office (SFIO)
(4) Investment Commission
(5) Central Rural Sanitation programme
See Answer:
21. Which of the following names/terms is NOT associated with the World Trade Organization
(WTO)?
(1) UNCTAD
(2) GATT
(3) GATS
(4) SEWA
(5) FTA
See Answer:
22. Labour legislations in India have an important dimension of protection of women
from exploitation. Some special provisions are made for women in the work place.
Which of the following is NOT one such special provision?
(1) Equal pay for work of equal value
(2) Maternity protection
(3) Creche facility at the work place for infants
(4) No night shifts
(5) Cooked meals during day ‘shifts to be
provided by the employer
See Answer:
23. Within the education sector the highest priority is given to which of the following
Govt. schemes?
(1) Technical education
(2) Primary education
(3) High school education
(4) Adult education
(5) None of the above
See Answer:
24. The approach of ‘Micro-Credit’ or ‘Banking with the poor’ is comparatively a new concept
in the field of rural credit. This approach has been tried very successfully in which of the
following countries?
(1) Bangladesh
(2) lndia
(3) China
(4) Japan
(5) None of these
See Answer:
25. The Govt. of India has launched a number of poverty alleviation programmes. This is done
with the view that poverty is the root cause of social insecurity. In addition to that UNO has
also launched Millennium Development Goals to be achieved by 2015, Which of the
following is NOT one of those goals?
(1) Improve mental health
(2) Combat HIV/AIDS, Malaria
(3) Reduce marriageable age for males to 18yr
(4) Promote gender equality and empower women
(5) Achieve universal primary education
See Answer:
Tags :GENERAL AWARENESS Practice Quiz for IBPS CWE,Quiz ,Quiz for IBPS,Quiz for SCRA,Quiz on AWARENESS,UPSC Special Class Railway Apprentices Examination,upsc exams practice papers, GENERAL AWARENESS Practice Quiz for CTET ,IFFCO modal Paper for GK,GENERAL AWARENESS Practice Quiz for CDS Exam, RRB Pharmacist, nurses and other medical posts,FCI Modal paper
No comments:
Post a Comment