Q1. Which of the following is NOT a direct tax?
(a) Corporation Tax
(b) Income Tax
(c) Wealth Tax
(d) Service Tax
(e) None of the above
Q2. The World Investment Report has been published annually since 1991 by?
(a) UNCTAD
(b) UNICEF
(c) WHO
(d) World Bank
(e) None of the above
Q3. What is the full form of ‘CORE’ in core banking services?
(a) Channel of Rupee Exchange
(b) Customer Online Realtime Exchange
(c) Centralized Online Rupee Exchange
(d) Centralized Online Realtime Exchange
(e) Customer Online Rupee Exchange.
Q4. Which of the following is not an instrument of money market?
(a) Money funds
(b) Share
(c) Repurchase agreement
(d) Commercial Paper
(e) None of the above
Q5. RBI was nationalized on -
(a) 1 July 1949
(b) 26 January 1951
(c) 1 April 1935
(d) 1 July 1955
(e) 1 January 1949
Q6. Which of the following is not a function of the RBI?
(a) Maintaining Forex
(b) Deciding Bank Rate, CRR and SLR from time to time
(c) Opening Savings Accounts for general public
(d) Prescribing the Capital Adequancy Ratio
(e) Currency Management
Q7. The names of which of the following rates/ratios cannot be seen in financial newspapers?
(a) Bank Rate
(b) Repo Rate
(c) Statutory Liquidity Ratio
(d) Cash Reserve Ratio
(e) Pulse Rate
Q8. Ten-rupee notes contain the signature of................?
(a) Finance Secretary, GOI
(b) Chairman, State Bank of India
(c) Governor, Reserve Bank of India
(d) Finance Minister, GOI
(e) Prime Minister
Q9. Banking and financial services all over the world are regulated usually by the Monetary Authority of the land. Who controls this function in India?
(a) Ministry of Finance
(b) SEBI
(c) RBI
(d) IRDA
(e) FEDAI
Q10. For which of the following reasons RBI has decided to undertake mid-quarter policy reviews?
(1) To re-align its policies
(2) To take steps and ensure smooth flow of credit
(3) To provide guidance to the economy
(a) Only (1)
(b) Only (2)
(c) Only (3)
(d) All (1), (2) & (3)
(e) None of the above
Q11. In India, National income is estimated by?
(a) Planning commission
(b) Indian Statistical Institute
(c) Central Statistical Organization
(d) National Sample Survey Organisation
(e) None of the above
Q12. What would be the New Price Index that would measure inflation?
(a) PPI (2011)
(b) CPI (2012)
(c) WPI (2004-2005)
(d) RTI
(e) None of the above
Q13. Which one of the following is not an objective of fiscal policy of Indian Government?
(a) Full employment
(b) Regulation of Inter-State-trade
(c) Price stability
(d) Equitable distribution of wealth & income
(e) None of the above
Q14. What is the maximum ceiling on Foreign Direct Investment (FDI) for investment in the equity of Public Sector Banks in India?
(a) 20%
(b) 26%
(c) 49%
(d) 51%
(e) 74%
Q15. Narrow Money is the term in monetary aggregates, which is represented by?
(a) M2
(b) M4
(c) M1
(d) M3
(e) None of the above
ANSWERS :
1. d
2. a
3. d
4. b
5. e
6. c
7. e
8. c
9. c
10.d
11.c
12.b
13.b
14.a
15.c
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