1. The present Cash Reserve Ratio is—
(A) 5%
(B) 5•5%
(C) 6%
(D) 6•5%
(E) None of these
Ans : (C)
2. One of the objectives of KYC (Know Your Customer) norms is—
(A) to give boost to bank deposits
(B) to safeguard banks advances
(C) to monitor transactions of suspicious nature
(D) to help income tax authorities to collect income tax
(E) None of these
Ans : (C)
3. Contribution to Prime Minister's relief fund enjoys Income Tax benefit up to—
(A) 50% under section 80G
(B) 75% under section 80G
(C) 100% under section 80 G
(D) 100% under section 88
(E) No exemption is available
Ans : (C)
4. Which of the following activities are expected to be performed by the Business correspondents ?
(A) Disbursal of small value credit
(B) Collection of small value deposits
(C) Sale of micro insurance /mutual fund products
(D) All the three above
(E) Only (B) and (C) above
Ans : (E)
5. Tax at source by banks is deducted on interest paid on term deposits in the interest amount in a financial year exceeds—
(A) Rs. 3,000
(B) Rs. 5,000
(C) Rs. 10,000
(D) Rs. 15,000
(E) There is no such provision
Ans : (B)
6. Securitisation and Reconstruction of Financial Assets and Enforcement of security Interest Act relates to—
(A) Sanction of loans
(B) Enhancement of loan limits
(C) Recovery of loans
(D) All the above
(E) None of above
Ans : (C)
7. MSMED Act is applicable to—
(A) Smalls enterprises only
(B) Medium enterprises only
(C) Micro enterprises only
(D) Micro, Small and Medium enterprises
(E) All enterprises irrespective of their size engaged in manufacturing activity
Ans : (D)
8. Money Laundering refers to—
(A) Conversion of assets into cash
(B) Conversion of Money which is illegally obtained
(C) Conversion of cash into gold
(D) Conversion of gold into cash
(E) None of the above
Ans : (B)
9. The Monetary and Credit Policy is reviewed by the RBI after a gap of—
(A) one year
(B) one month
(C) two years
(D) five years
(E) None of these
Ans : (E)
10. PPF account is opened for a period of—
(A) 5 years
(B) 10 years
(C) 15 years
(D) 20 years
(E) None of these
Ans : (C)
11. Yuan is the currency of—
(A) Japan
(B) China
(C) Indonesia
(D) Myanmar
(E) None of these
Ans : (B)
12. National savings certificate matures at the end of—
(A) Six years
(B) Three years
(C) Six and half years
(D) Five years
(E) Five and half years
Ans : (A)
13. Normally Bank accept Fixed Deposits for a maximum period of—
(A) 5 years
(B) 3 years
(C) 10 years
(D) 20 years
(E) Any number of years
Ans : (E)
14. Code of banks commitment to Micro and Small enterprises is prepared by—
(A) RBI
(B) SEBI
(C) FEDAI
(D) BCSBI
(E) Ministry of Small and Medium Enterprises
Ans : (E)
15. Which one of the following is not a salient feature of debit card ?
(A) No bad debts to banks and no suits for recovery
(B) No interest earning for banks
(C) Works like a normal withdrawal
(D) All the above
(E) 45 dayes credit is given to the card holder
Ans : (E)
16. IFRS stands for—
(A) International Financial Reporting standards
(B) Indian Financial Rating Standards
(C) International Financial Rating Standards
(D) All the three above
(E) None of the above
Ans : (A)
17. What is the present Repo Rate ?
(A) 5%
(B) 5•5%
(C) 6%
(D) 6•5%
(E) None of these
Ans : (E)
18. There are certain financial instruments whose prices are derived from the price of the underlying currency of interest rate or stocks etc. These are known as—
(A) Derivatives
(B) Securitisation
(C) Leasing
(D) Factoring
(E) Venture Capital Funding
Ans : (A)
19. What is the full form of ASBA ?
(A) Allotment supported by Blocked Amount
(B) Application supported by Blocked Amount
(C) Application supported by Bank Amount
(D) Allotment supported by Bank Account
(E) None of the above
Ans : (B)
20. Reverse Repo is used by RBI to—
(A) Inject liquidity
(B) Absorb liquidity
(C) Increase the liquidity with banking system
(D) Keep the liquidity at one level
(E) None of the above
Ans : (D)
21. Which of the following is not considered as lending under infrastructure sector ?
(A) A Highway project
(B) Construction of Educational Institution
(C) Construction of Hospital
(D) Laying down of petroleum pipelines
(E) None of the above
Ans : (E)
22. KYC guidelines have been framed on the recommendations/as per guidelines of—
(A) Reserve Bank of India
(B) Ministry of Finance
(C) Indian Banks Association
(D) Financial Action Task Force
(E) Ministry of Home affairs
Ans : (A)
23. The term 'Power of Attorney' refers to—
(A) Power of a person
(B) An authority to operate a Bank account
(C) An instrument by which a person is empowered to act for another person
(D) All of the above
(E) None of the above
Ans : (C)
24. What is the amount of compensation to be paid per day, as per RBI directives in case of failed ATM transactions ?
(A) Rs. 50
(B) Rs. 100
(C) Rs. 200
(D) Rs. 500
(E) It is at the discretion of each Bank
Ans : (B)
25. Financial Action Task Force has an office in India at which place ?
(A) Mumbai
(B) Chennai
(C) Kolkata
(D) New Delhi
(E) All the above places
Ans : (D)
26. Bridge loans refer to—
(A) Loans granted to contruction companies for construction of bridges
(B) Loan granted to PWD for construction of bridges over Rivers
(C) Interim finance allowed by banks to their customers pending disbursement of term loans by financial institutions
(D) All of the above
(E) None of the above
Ans : (C)
27. Payment of Demand Draft can be stopped by—
(A) Payee
(B) Holder
(C) Purchaser
(D) All of these
(E) None of these
Ans : (A)
28. Can any one file an appeal against the order passed by the Banking Ombudsman ? If so who is the Appellate Authority ?
(A) The Chairman of concerned Bank
(B) The Deputy Governor RBI
(C) Governor of RBI
(D) Finance Minister
(E) None of the above
Ans : (B)
29. For which one of the following reasons, the Government has approved a plan to infuse Rs. 15,000 crore capital into PSBs ?
(A) To boost their lending capacity
(B) To maintain minimum CRAR as per Basel II norms
(C) To maintain NPA provision coverage ratio
(D) To strengthen the Balance Sheet of banks
(E) None of these
Ans : (A)
30. What is monetary policy transmission ?
(A) It refers to monetary policy of Central Bank
(B) It refers to fiscal policy of Government
(C) It refers to various channels through which the monetary policy of a Central Bank alters prices or output in the real economy
(D) It refers to various channels through which the fiscal policy of the Government alters prices or output in the real economy
(E) None of these
Ans : (C)
31. On which one of the following issue IMF has supported monetary policy of India ?
(A) Tightening of monetary policy
(B) Stimulus for agriculture sector
(C) Concessions for foreign investment
(D) Introduction of GST
(E) None of these
Ans : (A)
32. The advantage of convenience in credit card operations is for—
(A) Customer
(B) Members Establishments
(C) Banks
(D) All the above
(E) None of the above
Ans : (D)
33. Under provisions of which one of the following Acts, CAs/CS have been told to report all suspicious fund trasnfers ?
(A) RBI Act
(B) Banking Regulation Act
(C) Indian Companies Act
(D) Unlawful Activities (Prevention) Act
(E) None of these
Ans : (D)
34. Bancassurance is—
(A) an insurance scheme to insure bank deposits
(B) an insurance scheme exclusively for the employees of banks
(C) a composite financial service offering both bank and insurance product
(D) a bank deposits scheme exclusively for employees of insurance companies
(E) None of the above
Ans : (C)
35. In the term STRIPS, the first letter 'S' denotes—
(A) Separate
(B) Small
(C) Special
(D) Savings
(E) None of these
Ans : (A)
36. Which of the following organizations, provide credit history of the borrowers ?
(A) CIBIL
(B) SEBI
(C) RBI
(D) CRISIL
(E) IBA
Ans : (A)
37. Loans/advances to farmers is treated as—
(A) Personal Loans
(B) Priority Sector Loan
(C) Business Loan
(D) Corporate Loan
(E) None of these
Ans : (B)
38. Which one of the following Organisations maintains CRR ?
(A) RBI
(B) SEBI
(C) NABARD
(D) IBA
(E) None of these
Ans : (A)
39. When the loan is granted for purchase of white goods it is called—
(A) Consumption loan
(B) White goods loan
(C) Consumer durable loan
(D) All the above
(E) None of the above
Ans : (C)
40. Which one of the following is the objective of Mahatma Gandhi National Rural Employment Guarantee Act ?
(A) To provide 100 days employment to people in rural areas
(B) To provide employment to educated youth
(C) To provide employment under KVIC schemes
(D) To create more valuable rural assets
(E) None of these
Ans : (A)
41. Structure of Basel II is based on how many pillars ?
(A) Two
(B) Three
(C) Four
(D) Eight
(E) Six
Ans : (B)
42. With which one of the following 'Channel Financing' is associated ?
(A) Retail Lending
(B) Corporate Lending
(C) SME Lending
(D) Supply Chain Finance
(E) None of these
Ans : (D)
43. Expand the term FRBM—
(A) Financial Responsibility and Business Management
(B) Fiscal Responsibility and Business Management
(C) Financial Responsibility and Budget Management
(D) Fiscal Responsibility and Budget Management
(E) None of these
Ans : (D)
44. A customer can approach Banking ombudsman if he does not get satisfactory response to his grievance from the bank within how many days ?
(A) 10 days
(B) 20 days
(C) 8 days
(D) 30 days
(E) 60 days
Ans : (D)
45. Which one of the following country is in talks with EU and International Monetary Fund, to exit from debt crisis ?
(A) Spain
(B) Turkey
(C) Portugal
(D) Greece
(E) Finland
Ans : (D)
46. For achieving 8•5 percent GDP growth in fiscal 2010-11, which one of the following should be percent growth in farm sector ?
(A) 2•0
(B) 2•5
(C) 3•0
(D) 4•0
(E) None of these
Ans : (C)
47. According to a report submitted by IMF in its World Economic Outlook, which one of the following countries will have highest percent GDP growth rate in 2011 ?
(A) China
(B) India
(C) Brazil
(D) Russia
(E) None of these
Ans : (A)
48. Which one of the following has given 'Aadhaar' as its new brand name ?
(A) UIDAI
(B) Sports Ministry, GOI
(C) Ministry of Tourism, GOI
(D) NHAI
(E) None of these
Ans : (A)
49. Which of the following will help poor to come out of their poverty ?
1. Good Health Service
2. Freedom from illiteracy
3. Optimum *** Ratio
(A) Only 1
(B) Only 2
(C) Only 1 and 2
(D) Only 3
(E) All 1, 2 and 3
Ans : (E)
50. Which one of the following is per cent Bank Rate ?
(A) 4•0
(B) 4•5
(C) 5
(D) 3•33
(E) None of these
Ans : (E)
Allahabad Bank Clerk Exam. 2008 (Held on 30-08-2008)
1. If a word is typed that is not in Word’s dictionary, a ___ wavy underline appears below the word.
(A) red
(B) green
(C) blue
(D) black
(E) None of these
Ans (A)
2. The _____ button on the quick access Toolbar allows you to cancel your recent commands or actions.
(A) Search
(B) Cut
(C) Document
(D) Undo
(E) None of these
Ans (D)
3. In Excel, any set of characters containing a letter , hyphen, or space is considered ___
(A) a formula
(B) text
(C) a name
(D) a title
(E) None of these
Ans (B)
4. ________ Software allows users to perform calculations on rows and columns of data.
(A) Word processing
(B) Presentation graphics
(C) Database Management Systems
(D) Electronic Spreadsheet
(E) None of these
Ans (C)
5. A _________ represent approximately one billion memory locations.
(A) kilobyte
(B) megabyte
(C) gigabyte
(D) terabyte
(E) None of these
Ans (C)
6. ______ cells involves creating a single cell by combining two or more selected cells.
(A) Formatting
(B) Merging
(C) Embedding
(D) Splitting
(E) None of these
Ans (B)
7. The operating system is the most common type of ______________ software.
(A) communication
(B) application
(C) system
(D) word-processing
(E) None of these
Ans (C)
8. When you quickly press and releaes the left mouse button twice , you are ____
(A) Primary-clicking
(B) pointing
(C) Double-clicking
(D) Secondary-clicking
(E) None of these
Ans (C)
9. The horizontal and vertical lines on a worksheet are called ___
(A) cells
(B) sheets
(C) block lines
(D) gridlines
(E) None of these
Ans (D)
10. To delete an incorrect character in a document, __________ to erase to the right of the insertion point.
(A) press the left mouse key
(B) double-click the right mouse key
(C) press the BACKSPACE key
(D) press the delete key
(E) None of these
Ans (D)
11. The operating system does all of the following EXCEPT:
A provide a way for the user to interact with the computer.
B manage the central processing unit (CPU).
C manage memory and storage.
D enable users to perform a specific task such as document editing.
Ans (D)
12. During the boot process, the ____________ looks for the system files.
A CD
B. BIOS
C. CPU
D. DVD
AnS (B)
13. ____________ are lists of commands that appear on the screen.
A GUIs
B Icons
C Menus
D Windows
Answer: C
14. ____________ is the ability of an operating system to control the activities of multiple programs at the same time.
A Multitasking
B Streamlining
C Multiuser
D Simulcasting
Answer: A
15. The unique signal, generated by a device, that tells the operating system that it is in need of immediate attention is called an:
A action.
B event.
C interrupt.
D activity.
Answer: C
16. The operating system controls access to the processor by assigning a(n) ____________ to each task requiring the processor’s attention.
A CPU
B slice of time
C stack
D event
Answer: B
17. The blocks of code, included in the operating system, that software applications interact with are known as:
A application programming interfaces (APIs).
B complimentary metal-oxide conductors (CMOS).
C device drivers.
D bootstrap loaders.
Answer: A
18. MS-DOS is a ____________ operating system.
A point-and-click
B user-friendly
C command-driven
D Mac
Answer: C
19. An interrupt handler is a(n):
A location in memory that keeps track of recently generated interrupts.
B peripheral device.
C utility program.
D special numeric code that indicates the priority of a request.
Answer: D
20. A spooler is a(n):
A location in memory that maintains the contents of a document until it prints out.
B print job.
C program that coordinates the print jobs that are waiting to print.
D message sent from the printer to the operating system when a print job is completed.
Answer: C
21. Virtual memory is typically located:
A on a floppy disk.
B in the CPU.
C in a flash card.
D on the hard drive.
Answer: D
22. The purpose of a swap (or page) file is to:
A maintain pages of documents that are being spooled to the printer.
B hold a program’s data or instructions in virtual memory when it can’t fit in RAM.
C prevent thrashing in a multitasking environment.
D allow multiple print jobs to print their pages out simultaneously.
Answer: B
23. The definition of thrashing is:
A swapping data between virtual memory and RAM too frequently.
B insufficient hard disk space.
C too many processors being managed by the operating system.
D inaccurate information stored in the registry.
Answer: A
24. All of the following are TRUE of Safe Mode EXCEPT:
A Safe Mode is a special diagnostic mode.
B Safe Mode loads all nonessential icons.
C Safe Mode allows users to troubleshoot errors.
D Safe Mode loads only the most essential devices.
Answer: B
25. Verification of a login name and password is known as:
A configuration.
B accessibility.
C authentication.
D logging in.
Answer: C
26. The combination of the operating system and the processor is referred to as the computer’s:
A CPU.
B platform.
C BIOS.
D CMOS.
Answer: B
27. The following message generally means:
A a nonsystem floppy has been left in the floppy disk drive.
B the CD drive is not functioning.
C the BIOS is corrupted.
D there is a problem loading a device.
Answer: A
28. Which of the following is the correct sequence of actions that takes place during the boot-up process?
A Load operating system ? Activate BIOS ? Perform POST ? Check configuration settings
B Activate BIOS ? Perform POST ? Load operating system ? Check configuration settings
C Perform POST ? Load operating system ? Activate BIOS ? Check configuration settings
D Activate BIOS ? Check configuration settings ? Perform POST ? Load operating system
Answer: B
29. All of the following are steps involved in the boot process EXCEPT:
A load the operating system into RAM.
B the power-on self-test.
C activate the basic input/output system (BIOS).
D load application programs.
Answer: D
30. The ____________, stored on a ROM chip, is responsible for loading the operating system from its permanent location on the hard drive into RAM.
A BIOS
B API
C device driver
D supervisor program
Answer: A
31. The basic input/output system (BIOS) is stored in:
A RAM.
B ROM.
C the CPU.
D the hard drive.
Answer: B
32. Ensuring that the essential peripheral devices are attached and operational is the ____________ process.
A configuration
B CMOS
C POST
D ROM
Answer: C
33. The memory resident portion of the operating system is called the:
A registry.
B API.
C CMOS.
D kernel.
Answer: D
34. Which of the following does NOT occur during the power-on self-test (POST)?
A The ScanDisk utility begins to run.
B The video card and video memory are tested.
C The BIOS identification process occurs.
D Memory chips are checked to ensure they are working properly.
Answer: A
35. All of the following are TRUE regarding virtual memory EXCEPT:
A any amount of RAM can be allocated to virtual memory.
B the setting for the amount of hard drive space to allocate to virtual memory can be manually changed.
C this temporary storage is called the swap file (or page file).
D virtual memory is physical space on the hard drive.
Answer: A
36. The operating system allows users to organize the computer’s contents in a hierarchical structure of directories that include all of the following EXCEPT:
A files.
B folders.
D drives.
D systems.
Answer: D
37. All of the following statements concerning windows are true EXCEPT:
A windows are an example of a command-driven environment.
B windows can be resized and repositioned on the desktop.
C more than one window can be open at a time.
D toolbars and scrollbars are features of windows.
Answer: A
38. All of the following statements concerning files are true EXCEPT:
A A file is a collection of related pieces of information stored together for easy reference.
B Files can be generated from an application.
C Files are stored in RAM.
D Files should be organized in folders.
Answer: C
39. Using Windows Explorer, a plus (+) sign in front of a folder indicates:
A an open folder.
B the folder contains subfolders.
C a text file.
D a graphics file.
Answer: B
40. In Windows XP, if you want to see the file size and modified dates of all files in a folder, the best viewing option is the __________ view.
A List
B Thumbnails
C Details
D Icon
Answer: C
1.Which of the following is a very well known name in the field of
Banking in India?
(A) Ms. Meira Kumar
(B) Ms. Kiran Mazumdar Shaw
(C) Mr. Arun Jaitley
(D) Dr. D. Subbarao
(E) All of above
2. Which of the following is the currency of Spain ?
(A)Dollar
(B) Pound
(C)Yen
(D) Krona
(E) Euro
3. FIFA is an organization working in the field of?
(A) Banking
(B) Textiles
(C) Power Generation
(D) Social Service
(E) Sports
4. ‘Azlan Shah Cup’is associated with ?
(A) Cricket
(B) Hockey
(C) Badminton
(D) Table Tennis
(E) Golf
5. What is the full form of NFSM ,an initiative of the National Development Council of India?
(A) New Food Security Mechanism
(B) National Food Security Management
(C) National Farmer’s Service Manch
(D) New Fastest Space Missile
(E) None of these
6. Financial year in Banks is period between?
(A) January to December
(B) May to June
(C) April to March
(D) January to April
(E) None of these
7. The cooperative movement in which of the following fields has achieved a great visible success in India?
(A) Milk production
(B) Banking sector
(C) Textile sector
(D) Cotton production
(E) None of these
8. The Reserve Bank of India does not print currency notes of the denomination of Rs. ?
(A) 20
(B) 50
(C) 3000
(D) 1000
(E) 500
9. Which of the following is considered as the financial capital of India?
(A) New Delhi
(B) Kolkata
(C) Bangalore
(D) Ahmedabad
(E) Mumbai
10. Olympic Games are Organized after a gap ?
(A) Two years
(B) Three years
(C) Four years
(D) Five years
(E) Six years
11. Who amongst the following is the author of the book “India and Global Financial Crisis Managing Money and finance”?
(A) Dr. Bimal Jalan
(B) Dr. C. Rangarajan
(C) Dr. Manmohan Singh
(D) Mr. Pranab Mukherjee
(E) Dr. V. V. Reddy
12. Who amongst the following is the winner of the prestigious ‘Dada saheb Phalke Award’ given in April 2009?
(A) Manoj Kumar
(B) Rajesh Khanna
(C) Amitabh Bachchan
(D) JayaBachchan
(E) Jitendra
13. India recently finalized its National Solar Mission. The mission envisages an installed solar energy generation capacity of about…. By 2030
(A) 5000 MW
(B) 10000 MW
(C) 15000 MW
(D) 20000 MW
(E) 1000000 MW
14. As per the news published in major newspapers / magazines four Central Public Sector Under takings, NTPC, NHPC, PGCIL and DVC signed an agreement for a joint venture. All these four PSUs are working in which of the following areas/sectors?
(A) Textile Sector
(B) Power Sector
(C) Coal Sector
(D) Transport Sector
(E) Telecom Sector
15. Which of the following countries wanted to come back again as an active member of the Organisation of American States after its expulsion from there several years back?
(A) Cuba
(B) Brazil
(C) Argentina
(D) Turkey
(E) None of these
16. Who amongst the following was the first elected President of the Federal Democratic Republic of Nepal?
(A) Mr. Ram Baran Yadav
(B) Mr. B.P. Koirala
(C) Mr. Madhav Kumar Nepal
(D) Mr. Pushpa Kamal Dahal ‘Prachanda’
(E) None of these
17. As per news in major newspapers Sri Lankan Govt. has offered conditional Amnesty to which of the following groups with a view to end internal conflict in the country going on since last several years?
(A) Association of Civilians Trapped in War Area
(B) Janmukti Morcha
(C) Naxalite Group of Sri Lanka
(D) Madhesi Janadhikar Forum
(E) LTTE
18. As per the reports the Indo-Pak Trade reached at about which of
the following levels during 2008-09 ?
(A) Rs. 200 crores
(B) Rs. 300 crores
(C) Rs. 400 crores
(D) Rs. 500 crores
(E) Rs. 600 crores
19. Which of the following States is amongst the top five power selling States in India?
(A) Meghalaya
(B) Chhattisgarh
(C) Maharashtra
(D) Kerala
(E) Rajasthan
20. India and Russia recently signed an agreement so that India can get a supply of Uranium fuel from Russia. Uranium is used in which of the following sectors?
(A) Pharma Sector
(B) Transport Sector
(C) Agro Industry
(D) Telecom Sector
(E) Energy Sector
21. The Govt. of India recently decided to finalize a big defence deal of Rs. 45000 crore for which finally five contenders are shortlisted. This deal is to purchase—
(A) Fighter jets
(B) Radar system
(C) Spy rockets
(D) Baffle tanks
(E) Warships
22. Who amongst the following is not a Padma Awards Winner of
2009 (given in 2009)?
(A) Dr. G. Madhavan Nair
(B) Mr. Sundarlal Bahuguna
(C) Mr. Abhinav Bindra
(D) Ms. Aruna Sairam
(E) Mr. Manoj Kumar
23. As per the news in all major newspapers, the African National Congress (ANC) got an over whelming victory in the general elections held recently in?
(A) Ghana
(B) Uganda
(C) South Africa
(D) Kenya
(E)None of these
24. After a long cold war of several decades Taiwan recently signed an agreement to expand air links and accept main land investment with which of the following countries in its neighbourhood ?
(A) India
(B) China
(C) Malaysia
(D) Indonesia
(E) Japan
25. As per the news in major news papers Iran has agreed to welcome talks with world powers after a deadlock of several months. Which of the following is the major issue over which Iran has a difference with the most of the world powers? Its—
(A) Nuclear Programme
(B) Dispute with Iraq on several oil fields
(C) Views on subsidy on agro products in the meetings of the WTO
(D) Claim to have permanent seat in UN Security Council
(E) None of these
26. Union Govt. provides subsidy on which of the following commodities in India?
1. Fertilizers
2. Seeds
3. Tractors
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 2 and 3
(E) None of these
27. World famous Tennis Star Rafael Nadal is from which of the following countries?
(A) USA
(B) Spain
(C) Germany
(D) Italy
(E) France
28. Which of the following is/are the major objectives of the Union Budget 2009-10 presented by Sri Pranab Mukherjee?
1 Faster and more inclusivegrowth.
2. Equitable development.
3. Improve the delivery mechanism.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1,2 and 3
(E) None of these
29. As per the budget 2009-10, the Govt. has made an allocation of Rs. 1542 crores to purchase the shares held by the RBI in which of the following organizations?
(A) National Bank for Agricul ture and Rural Development
(NABARD)
(B) State Bank of India (SBI)
(C) Export Credit Guarantee Corporation of India (ECGC)
(D) Life Insurance Corporation of India
(E) All of above
30. Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future?
(A) Bombay Stock Exchange (BSE)
(B) Indian Bank’s Association (IBA)
(C) Securities and Exchange Board of India (SEBI)
(D) Reserve Bank of India (RBI)
(E) None of these
31. The SBI has signed an agreement with which of the following agencies to obtain a guarantee cover to its loans to Micro and Small Enterprises?
(A) Export Credit Guarantee Corporation
(B) Credit Guarantee Trust
(C)Small Industrial Development Bank of India
(D) Securities and Exchange Board of India
(E)None of these
32.. Which of the following is the short form of the name of the Indian Space Shuffle which puts various satellites into orbit ?
(A)RISAT
(B) PSLV
(C) ANUSAT
(D) ISRO
(E) INTESSAT
33.. ‘Astra’ which was in news in recent is the name of a newly developed
(A) Air to Air Missile
(B) Baffle Tank
(C) Spy Rocket
(D) Submarine
(E) Air to surface missile
34. The telecom industry of which of the following countries made a world record by adding about 16 million new subscribers in just one month (March 2009)?
(A) China
(B) Iran
(C) India
(D) South Africa
(E) None of these
35. The President of India recently signed three key trade agreements with a country whose Prime Minister is Mr. J. L. R. Zapatero belongs to which of the following countries?
(A) Spain
(B) Mexico
(C) Italy
(D) Greece
(E) Ghana
36. Who amongst the following has taken over as the New Chief
Election Commissioner (CEC) of India recently?
(A) Mr. Ashwani Kumar
(B) Mr. N. Gopalaswami
(C) Mr. V. S. Sampath
(D) Mr. Naveen Chawla
(E) None of these
37. Which of the following is the Reverse Repo Rate at present?
(A)3%
(B) 4%
(C)5%
(D) 5.5%
(E) None of these
38. Which of the following is true about the exports from India
during March 2009?
1. Exports went down by 33% percent in terms of US dollars during the period.
2. It was the highest drop in exports in more than a decade.
3. This drop was because Indian Tea has lost its demand inthe global market.
(A) Only 1
(B) Only 2
(C) Only 1 and 2
(D) All 1,2 and3
(E) None of these
39. As per the reports of the National Saving Institute (NSI) which of the following has shown an improvement in last few months by registering a 10% growth in it across the country?
(A) Bank Deposits
(B) Investments in commodity exchanges
(C) Investments in infrastructure bonds
(D) Small savings
(E) None of these
40. The President of Maldives was awarded the Anna Lindh Prize 2009 for his efforts in which of the following areas?
Efforts to
1. Combat climatic changes
2. Bringing democracy in country in a peaceful manner
3. Save his country from financial crisis
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) All1,2 and 3
1. As we all know rise of the ‘BRICs’ has left a vast impact on almost all aspects of the global economy. However, which of the following cannot be called as the direct effect(s) of ‘Rise of the BRICs’ on global/other powerful economy/economies ?
1. Countries like China wish to learn more about outsourcing from India.
2. It has made countries to suffer from Sub-prime Crisis.
3. EURO has become a powerful currency and many non-Euro countries are in ‘Swap Agreement’ with various nations.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
2. As per the reports published in the newspapers/journals how much amount the Govt. of India is planning to infuse in Public Sector Banks to make them competitive and strong globally ?
About—
(A) Rs. 10,000 crore
(B) Rs. 15,000 crore
(C) Rs. 20,000 crore
(D) Rs. 25,000 crore
(E) Rs. 30,000 crore
3. What is the maximum stake the Govt. of India has in any public sector bank at present ?
(A) 40%
(B) 49%
(C) 50%
(D) 64%
(E) 74%
4. Which of the following is not a major highlight of the Union Budget 2008-09 ?
1. A target of Rs. 2•80 lakhs crore is fixed for providing credit to agriculture sector.
2. Limit of the Banking Cash Transaction Tax is raised from present 1% to 1•5%.
3. PAN requirement is not mandatory for financial transactions. Other Ids are also acceptable.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 2 and 3
(E) All 1, 2 and 3
5. As per the news in major financial newspapers a ‘Rashtriya Swasthya Bima Yojana’ is launched in Delhi and Haryana States for members of unorganized sectors. Under the scheme each family is likely to get the benefit of Rs.………
(A) 15,000
(B) 20,000
(C) 25,000
(D) 30,000
(E) 50,000
6. As proposed in the Union Budget 2008-09 a ‘Risk Capital Fund’ is set up by the Govt. of India. Who amongst the following will maintain and operate that fund ?
(A) NABARD
(B) SIDBI
(C) ECGC
(D) RBI
(E) None of these
7. As per the Economic Survey 2007-08 presented in the Lok Sabha in February 2008, what has been the percentage growth in Bank credit ? About—
(A) 10%
(B) 15%
(C) 18%
(D) 21%
(E) 26%
8. As per the budget of the Indian Railways for 2008-09 the operating ratio of the railways has—
(A) Improved only by 0•5%
(B) Decreased by 0•5%
(C) Remained at the same level on which it was in 2007-08
(D) Reached at the level of 81%
(E) Reduced to the level of 63% which was the level of 2000-01
9. The government of India has launched a new scheme for the ‘Girl Child’. What is the name of the scheme ?
(A) Raj Lakshmi
(B) Rani Bitia
(C) Dhan Lakshmi
(D) Aanandita
(E) None of these
10. The President of India recently signed the much-awaited notification for the implementation of the suggestions made by the ‘Delimitation Commission’.
What will be the effect of this notification ?
(A) Parliamentary and Assembly constituencies will be redefined
(B) Candidates from SC/ST categories will get all benefits for another 15 years’ time
(C) The boundaries of the National Capital, New Delhi will be extended further
(D) Operations of the Cooperative Banks and Societies will not be limited to the state of their origin. They will also be like Public Sector Banks
(E) None of these
11. As per the new policy the number of Judges in the Supreme Court would be now—
(A) 21
(B) 25
(C) 26
(D) 30
(E) 31
12. 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 ?
1. CARE
2. CRISIL
3. ULIP
(A) Only 1
(B) Only 2
(C) 1 and 2 only
(D) Only 3
(E) All 1, 2 and 3
13. As per the newspaper reports the RBI is planning to introduce ‘Plastic Currency Notes’. What is/are the benefits of ‘Plastic Notes’ ?
1. Their Shelf life will be longer.
2. It will replace plastic money or credit, debit cards which are giving birth to many fraudulent practices.
3. Printing will be cheaper.
(A) Only 3
(B) Only 2
(C) Only 1
(D) All 1, 2 and 3
(E) None of these
14. ‘Sub Prime Lending’ is a term applied to the loans made to—
(A) Those borrowers who do not have a good credit history
(B) Those who wish to take loan against the mortgage of tangible assets
(C) Those who have a good credit history and are known to bank since 10 years
(D) Those borrowers who are most preferred customers of the Bank
(E) None of these
15. 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 ?
(A) Credit cards
(B) Loan against gold from financial institute
(C) Debit cards
(D) Money lender
(E) None of these
16. The Planning Commission of India has set up a 12 member committee on financial sector reforms. Who is the Chairman of the Committee ?
(A) Janki Raman
(B) Raghuram Rajan
(C) Rakesh Mohan
(D) K. V. Kamath
(E) None of these
17. Basel-II norms are associated with which of the following aspects of the banking industry ?
(A) Risk management
(B) Manpower planning
(C) Retirement benefits for the employees
(D) Corporate Governance
(E) None of these
18. What is meant by ‘Underwriting’ the term frequently used in financial sector ?
(A) Under valuation of the assets
(B) The Act of taking on a risk for a fee
(C) Giving a Guarantee that a loan will not become a bad loan
(D) The act of permission to float an IPO
(E) None of these
19. The government of India recently constituted the New Finance Commission (13th). What are its major functions ? To decide—
1. The salary structure of the employees of the Central Government.
2. The distribution of the net proceeds of taxes between states and Central Govt.
3. Rate of Income Tax and other taxes collected by the Union Govt.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
20. Who amongst the following was the Captain of the Indian cricket team which registered its victory in tri-series ODI matches against Australia played in March 2008 ?
(A) M.S. Dhoni
(B) Anil Kumble
(C) Rahul Dravid
(D) Saurav Ganguly
(E) Sachin Tendulkar
21. Mr. Nicolas Sarkozy who was the chief guest during the Republic Day Function 2008 is the—
(A) President of Brazil
(B) Prime Minister of Brazil
(C) President of France
(D) Prime Minister of France
(E) Foreign Secretary of USA
22. Who amongst the following has taken over as the President of Serbia after the General elections held there in February 2008 ?
(A) Boris Tadic
(B) Tomislav Nicolic
(C) Samak Sundaravej
(D) Novak Djokovic
(E) None of these
23. Indra K. Nooyi who was elected as the Chairperson of the US-India Business Council is the CEO of which of the following Companies ?
(A) Pepsi Co.
(B) Infosys
(C) Tata Consultancy Services
(D) NIIT
(E) None of these
24. Maria Sharapova won the Australian Open 2008 Women’s singles by defeating—
(A) Shahar Peer
(B) Kateryna Bondarenko
(C) Sania Mirza
(D) Victoria Azarenka
(E) Ana Ivanovic
25. Saina Nehwal won the Seniors’ Championship match of which of the following games held in Goa in January 2008 ?
(A) Golf
(B) Tennis
(C) Table tennis
(D) Archery
(E) Badminton
26. As per the news published in some newspapers magazines two PSUs National Thermal Power Corporation and Coal India Ltd. are going to float a joint venture ‘SPV’. What is the full form of ‘SPV’ ?
(A) Small Power Venture
(B) Special Purpose Vehicle
(C) Special Power Venture
(D) Small Purpose Vehicle
(E) None of these
27. The Telecom Regulatory Authority of India (TRAI) recently agreed to allow foreign direct investment in the field of mobile television services. Upto what extent FDI is allowed in this field ?
(A) 50%
(B) 60%
(C) 64%
(D) 70%
(E) 74%
28. As per the performance assessment data released by the Economic Advisory Council (EAC) in January 2008. Which of the following sectors registered a growth of 3•6 per cent ?
(A) Agriculture Sector
(B) Banking Sector
(C) Tourism Sector
(D) Aviation Services Sector
(E) None of these
29. Which of the following is the name of very violent and serious types of winds which bring lot of disaster ?
(A) Trade winds
(B) Hurricane
(C) Cirrus
(D) Stratus
(E) None of these
30. The Global Employment Trends Report 2008 published by the International Labour Organization has indicated that there may be increase in global unemployment. What according to them is/are the major reasons of this possibility ?
1. Turmoil in Credit Markets all over the world.
2. Rise in oil prices in international market.
3. Civil unrest in some under and undeveloped nations.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) None of these
31. As we have noticed many banks of Indian origin are opening offices/branches in foreign countries. Why is this trend emerging at a very fast pace ?
1. These Banks wish to provide banking facilities to foreigners as banking facilities are not plenty in many foreign countries. India wants to take an advantage of the situation.
2. These banks wish to help Indian firms to acquire funds at internationally competitive rates.
3. These banks wish to promote trade and investment between India and other countries.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) Only 2 and 3
32. Many economists, bankers and researchers in India often advocate that banks should equip themselves for new challenges. These challenges are in which of the following shapes/forms ?
1. As Indian economy is getting increasingly integrated with the rest of the world the demand of the Corporate banking is likely to change in terms of size, composition of services and also the quality.
2. The growing foreign trade in India will have to be financed by the local banks.
3. Foreigners are habitual of the comforts provided by the technology. India has to do a lot in this reference.
(A) Only 1 is correct
(B) Only 2 is correct
(C) Only 3 is correct
(D) All 1, 2 and 3 are correct
(E) None of these
33. As per the reports published in the newspapers Indian Rupee is now fully accepted in Asian countries like, Singapore, Hong Kong, Malaysia etc. What does it really mean ?
1. Anybody from Asian country can purchase Indian Rupee and keep it in his/her bank account in his/her country without any restrictions.
2. Now people in these nations are not required to go for a double conversion first in dollar and then in rupee.
3. People travelling European/Asian countries can make their payments in rupee anywhere without any problem.
(A) Only 1 is correct
(B) Only 2 is correct
(C) Only 3 is correct
(D) All 1, 2 and 3 are correct
(E) None of these
34. Which of the following is not a banking/finance related term ?
(A) Credit wrap
(B) EMI
(C) Held to Maturity
(D) Exposure limit
(E) Diffusion
35. 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 ?
1. Providing subsidy to agriculture.
2. Export of patented drugs/medicines by developed nations.
3. Restriction on natural movement of people from one nation to other.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 3
(E) None of these
36. The Technology Mission on Cotton was launched during Xth plan. The scheme was designed to get increase in production of cotton by which of the following levels by the end of the plan ?
(A) 100 lakh bales
(B) 150 lakh bales
(C) 175 lakh bales
(D) 200 lakh bales
(E) None of these
37. A National Development Fund was created by the Government of India a few years ago. What was the purpose of the fund ?
1. Boost investment in social sector projects to promote education, healthcare and
employment.
2. Capital investments in selected profitable PSEs to yield adequate returns.
3. To fund revision in pay structure of Central Government employees.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) None of these
38. Olympic 2008 are scheduled to be held in—
(A) Paris
(B) Tokyo
(C) London
(D) Moscow
(E) None of these
39. The general elections took place in which of the following countries in March 2008 ?
(A) Iran
(B) Iraq
(C) Afghanistan
(D) Myanmar
(E) Sri Lanka
40. Who amongst the following is the author of the book ‘Economic Nightmare of India’ ?
(A) Morarji Desai
(B) K. Rajeshwar Rao
(C) Charan Singh
(D) Jyoti Basu
(E) None of these
41. As per the targets for 11th plan educated unemployment is to be reduced to which of the following levels ?
(A) 5%
(B) 6%
(C) 7%
(D) 8%
(E) 9%
42. ‘Long Walk’ to Freedom’ is a book written by—
(A) Sonia Gandhi
(B) L. K. Advani
(C) Nelson Mandela
(D) Benazir Bhutto
(E) Nawaz Sheriff
43. India recently signed a pact with which of the following countries on solving the problems of Indian labour in that country ?
(A) Iran
(B) UAE
(C) Malaysia
(D) Kuwait
(E) None of these
44. Which of the following countries is trying to launch a Satellite to study the sun ?
(A) USA
(B) India
(C) Russia
(D) China
(E) None of these
45. Jang Hyun Jong who was adjudged as the ‘Asian Hockey Player of the year’ is from—
(A) China
(B) Singapore
(C) South Korea
(D) India
(E) None of these
46. Who amongst the following is the winner of Padma Vibhushan Awards given away recently ?
(A) Rahul Gandhi
(B) Priya Dutt
(C) Vinod Dua
(D) Ratan Tata
(E) None of these
47. Which of the following films was adjudged ‘Best Film’ in 14th Star Screen Awards given away in January 2008 ?
(A) Om Shanti Om
(B) Guru
(C) Taare Zameen Par
(D) Jab We Met
(E) Chak De India
48. A meeting of the European Leaders was held in January 2008 at which of the following places to discuss ‘Global Economic Turmoil’ ?
(A) London
(B) New Delhi
(C) New York
(D) Tokyo
(E) Milan
49. Castro Sibling is the new President of—
(A) Romania
(B) Cuba
(C) Israel
(D) Venezuela
(E) None of these
50. Kosovo declared itself independent from which of the following countries ?
(A) Ukraine
(B) Croatia
(C) Serbia
(D) Russia
(E) None of these
1.As per the reports in the newspapers what has been the average growth of GDP during 10th
plan period (2002-2007) ?
(A) 9 %
(B) 9.3 %
(C) 8 %
(D) 8.7 %
(E) 7.6 %
Ans (E)
2. Which of the following is/are not part(s) of the Union Budget 2008-09 presented in the Lok
Sbha in February 2008 ?
(1) Defence allocation is increased by 10% to reach more than Rs. 1,00,000 crore.
(2) National Rural Guarantee Act is extended to all the rural districts.
(3) Debt Waiver Scheme launched to help all farmers irrespective of their land holdings.
(A) Only 1
(B) Only 2
(C) Both 1 & 2
(D) Only 3
(E) None of these
Ans (D)
3. Which of the following States has been declared 2008 as the “Year of Education” ?
(A) Haryana
(B) Bihar
(C) Gujarat
(D) Uttar Pradesh
(E) None of these
Ans (A)
4. Who amongst the following is selected as the “Banker of the year 2007? by the Business
Standard ?
(A) M.V.Kamath
(B) K.C.Chakrabarty
(C) Anil Khandelwal
(D) O.P.Bhatt
(E) None of these
Ans (D)
5. Which of the following is /are not the constituent sector(s) of the Gross Domestic Product
(GDP) of India ?
(1) Agriculture & allied activities
(2) Foreign Exchange Reserve
(3) Industry
(A) Only 1
(B) All 1,2 & 3
(C) Only 3
(D) Both 1 & 2
(E) Only 2
Ans (E)
6.What is “H5N1? a term , which was very much in news recently ?
(A) It is a category of Visa provided by the USA fOR STUDENTS.
(B) It is the name of the virus which cause Bird flu
(C) It is the code name of India’s space Mission 2010.
(D) It was the name of the military operation launched by Sri Lanka against LTTE.
(E) None of these
Ans (B)
7. Which of the following State Govts. launched a Rs. 40,000 crore “Ganga Expressway
Project” ?
(A) Bihar
(B) Gujarat
(C) Madhya Pradesh
(D) West Bengal
(E) Uttar Pradesh
Ans (E)
8. Which of the following countries is going to elects its first 47 member parliament for the first
time in the history of the country ?
(A) Butan
(B) Pakistan
(C) Myanmar
(D) Nepal
(E) None of these
Ans (A)
9. “World Day for Water” was observed on which of the following days ?
(A) 22nd January
(B) 22nd February
(C) 22nd March
(D) 22nd April
(E) None of these
Ans (C)
10. sunita Williams is the recipient of which of the following awards given away recently ?
(A) Woman of the year 2007
(B) Padma Bhushan
(C) Shanti Swarup Bhatnagar Award
(D) Pravasi India Award 2007
(E) None of these
Ans (B)
11. The Fifth National Winter Games were organized in -
(A) Jaipur
(B) Gulmarg
(C) Hyderabad
(D) Chennai
(E) Delhi
Ans(C)
12. Who amongst the following won the Men’s single title of Australian Open Tennis 2008 ?
(A) Novak Djokovic
(B) Jo-Wilfried Tsonga
(C) Jonathan Erlich
(D) Andy Ram
(E) None of these
Ans (A)
13. Which of the following films won the best Film Award in 65th Golden Globe Awards
ceremony ?
(A) Away from her
(B) Atonement
(C) No Country for Old Men
(D) I’m Not there
(E) None of these
Ans (B)
14. Rahul Banerjee won which of the following Natioanl Senior Champioship held in January
2008 ?
(A) Badminton
(B) Chess
(C) Archery
(D) Golf
(E) None of these
Ans (C)
15. Who amongst the following is the author of the novel “Without Dreams” ?
(A) Shahbano Bilgrami
(B) Saeed Mirza
(C) Javed Akhtar
(D) Shabana Azmi
(E) None of these
Ans (A)
16. The —— of a system includes the programs or instructions.
(A) Hardware
(B) Icon
(C) Information
(D) Software
(E) None of these
Ans (D)
17.The copy command saves to-
(A) The Desktop
(B) The Clipboard
(C) Microsoft Word
(D) Paste
(E) None of these
Ans (B)
(A) 5%
(B) 5•5%
(C) 6%
(D) 6•5%
(E) None of these
Ans : (C)
2. One of the objectives of KYC (Know Your Customer) norms is—
(A) to give boost to bank deposits
(B) to safeguard banks advances
(C) to monitor transactions of suspicious nature
(D) to help income tax authorities to collect income tax
(E) None of these
Ans : (C)
3. Contribution to Prime Minister's relief fund enjoys Income Tax benefit up to—
(A) 50% under section 80G
(B) 75% under section 80G
(C) 100% under section 80 G
(D) 100% under section 88
(E) No exemption is available
Ans : (C)
4. Which of the following activities are expected to be performed by the Business correspondents ?
(A) Disbursal of small value credit
(B) Collection of small value deposits
(C) Sale of micro insurance /mutual fund products
(D) All the three above
(E) Only (B) and (C) above
Ans : (E)
5. Tax at source by banks is deducted on interest paid on term deposits in the interest amount in a financial year exceeds—
(A) Rs. 3,000
(B) Rs. 5,000
(C) Rs. 10,000
(D) Rs. 15,000
(E) There is no such provision
Ans : (B)
6. Securitisation and Reconstruction of Financial Assets and Enforcement of security Interest Act relates to—
(A) Sanction of loans
(B) Enhancement of loan limits
(C) Recovery of loans
(D) All the above
(E) None of above
Ans : (C)
7. MSMED Act is applicable to—
(A) Smalls enterprises only
(B) Medium enterprises only
(C) Micro enterprises only
(D) Micro, Small and Medium enterprises
(E) All enterprises irrespective of their size engaged in manufacturing activity
Ans : (D)
8. Money Laundering refers to—
(A) Conversion of assets into cash
(B) Conversion of Money which is illegally obtained
(C) Conversion of cash into gold
(D) Conversion of gold into cash
(E) None of the above
Ans : (B)
9. The Monetary and Credit Policy is reviewed by the RBI after a gap of—
(A) one year
(B) one month
(C) two years
(D) five years
(E) None of these
Ans : (E)
10. PPF account is opened for a period of—
(A) 5 years
(B) 10 years
(C) 15 years
(D) 20 years
(E) None of these
Ans : (C)
11. Yuan is the currency of—
(A) Japan
(B) China
(C) Indonesia
(D) Myanmar
(E) None of these
Ans : (B)
12. National savings certificate matures at the end of—
(A) Six years
(B) Three years
(C) Six and half years
(D) Five years
(E) Five and half years
Ans : (A)
13. Normally Bank accept Fixed Deposits for a maximum period of—
(A) 5 years
(B) 3 years
(C) 10 years
(D) 20 years
(E) Any number of years
Ans : (E)
14. Code of banks commitment to Micro and Small enterprises is prepared by—
(A) RBI
(B) SEBI
(C) FEDAI
(D) BCSBI
(E) Ministry of Small and Medium Enterprises
Ans : (E)
15. Which one of the following is not a salient feature of debit card ?
(A) No bad debts to banks and no suits for recovery
(B) No interest earning for banks
(C) Works like a normal withdrawal
(D) All the above
(E) 45 dayes credit is given to the card holder
Ans : (E)
16. IFRS stands for—
(A) International Financial Reporting standards
(B) Indian Financial Rating Standards
(C) International Financial Rating Standards
(D) All the three above
(E) None of the above
Ans : (A)
17. What is the present Repo Rate ?
(A) 5%
(B) 5•5%
(C) 6%
(D) 6•5%
(E) None of these
Ans : (E)
18. There are certain financial instruments whose prices are derived from the price of the underlying currency of interest rate or stocks etc. These are known as—
(A) Derivatives
(B) Securitisation
(C) Leasing
(D) Factoring
(E) Venture Capital Funding
Ans : (A)
19. What is the full form of ASBA ?
(A) Allotment supported by Blocked Amount
(B) Application supported by Blocked Amount
(C) Application supported by Bank Amount
(D) Allotment supported by Bank Account
(E) None of the above
Ans : (B)
20. Reverse Repo is used by RBI to—
(A) Inject liquidity
(B) Absorb liquidity
(C) Increase the liquidity with banking system
(D) Keep the liquidity at one level
(E) None of the above
Ans : (D)
21. Which of the following is not considered as lending under infrastructure sector ?
(A) A Highway project
(B) Construction of Educational Institution
(C) Construction of Hospital
(D) Laying down of petroleum pipelines
(E) None of the above
Ans : (E)
22. KYC guidelines have been framed on the recommendations/as per guidelines of—
(A) Reserve Bank of India
(B) Ministry of Finance
(C) Indian Banks Association
(D) Financial Action Task Force
(E) Ministry of Home affairs
Ans : (A)
23. The term 'Power of Attorney' refers to—
(A) Power of a person
(B) An authority to operate a Bank account
(C) An instrument by which a person is empowered to act for another person
(D) All of the above
(E) None of the above
Ans : (C)
24. What is the amount of compensation to be paid per day, as per RBI directives in case of failed ATM transactions ?
(A) Rs. 50
(B) Rs. 100
(C) Rs. 200
(D) Rs. 500
(E) It is at the discretion of each Bank
Ans : (B)
25. Financial Action Task Force has an office in India at which place ?
(A) Mumbai
(B) Chennai
(C) Kolkata
(D) New Delhi
(E) All the above places
Ans : (D)
26. Bridge loans refer to—
(A) Loans granted to contruction companies for construction of bridges
(B) Loan granted to PWD for construction of bridges over Rivers
(C) Interim finance allowed by banks to their customers pending disbursement of term loans by financial institutions
(D) All of the above
(E) None of the above
Ans : (C)
27. Payment of Demand Draft can be stopped by—
(A) Payee
(B) Holder
(C) Purchaser
(D) All of these
(E) None of these
Ans : (A)
28. Can any one file an appeal against the order passed by the Banking Ombudsman ? If so who is the Appellate Authority ?
(A) The Chairman of concerned Bank
(B) The Deputy Governor RBI
(C) Governor of RBI
(D) Finance Minister
(E) None of the above
Ans : (B)
29. For which one of the following reasons, the Government has approved a plan to infuse Rs. 15,000 crore capital into PSBs ?
(A) To boost their lending capacity
(B) To maintain minimum CRAR as per Basel II norms
(C) To maintain NPA provision coverage ratio
(D) To strengthen the Balance Sheet of banks
(E) None of these
Ans : (A)
30. What is monetary policy transmission ?
(A) It refers to monetary policy of Central Bank
(B) It refers to fiscal policy of Government
(C) It refers to various channels through which the monetary policy of a Central Bank alters prices or output in the real economy
(D) It refers to various channels through which the fiscal policy of the Government alters prices or output in the real economy
(E) None of these
Ans : (C)
31. On which one of the following issue IMF has supported monetary policy of India ?
(A) Tightening of monetary policy
(B) Stimulus for agriculture sector
(C) Concessions for foreign investment
(D) Introduction of GST
(E) None of these
Ans : (A)
32. The advantage of convenience in credit card operations is for—
(A) Customer
(B) Members Establishments
(C) Banks
(D) All the above
(E) None of the above
Ans : (D)
33. Under provisions of which one of the following Acts, CAs/CS have been told to report all suspicious fund trasnfers ?
(A) RBI Act
(B) Banking Regulation Act
(C) Indian Companies Act
(D) Unlawful Activities (Prevention) Act
(E) None of these
Ans : (D)
34. Bancassurance is—
(A) an insurance scheme to insure bank deposits
(B) an insurance scheme exclusively for the employees of banks
(C) a composite financial service offering both bank and insurance product
(D) a bank deposits scheme exclusively for employees of insurance companies
(E) None of the above
Ans : (C)
35. In the term STRIPS, the first letter 'S' denotes—
(A) Separate
(B) Small
(C) Special
(D) Savings
(E) None of these
Ans : (A)
36. Which of the following organizations, provide credit history of the borrowers ?
(A) CIBIL
(B) SEBI
(C) RBI
(D) CRISIL
(E) IBA
Ans : (A)
37. Loans/advances to farmers is treated as—
(A) Personal Loans
(B) Priority Sector Loan
(C) Business Loan
(D) Corporate Loan
(E) None of these
Ans : (B)
38. Which one of the following Organisations maintains CRR ?
(A) RBI
(B) SEBI
(C) NABARD
(D) IBA
(E) None of these
Ans : (A)
39. When the loan is granted for purchase of white goods it is called—
(A) Consumption loan
(B) White goods loan
(C) Consumer durable loan
(D) All the above
(E) None of the above
Ans : (C)
40. Which one of the following is the objective of Mahatma Gandhi National Rural Employment Guarantee Act ?
(A) To provide 100 days employment to people in rural areas
(B) To provide employment to educated youth
(C) To provide employment under KVIC schemes
(D) To create more valuable rural assets
(E) None of these
Ans : (A)
41. Structure of Basel II is based on how many pillars ?
(A) Two
(B) Three
(C) Four
(D) Eight
(E) Six
Ans : (B)
42. With which one of the following 'Channel Financing' is associated ?
(A) Retail Lending
(B) Corporate Lending
(C) SME Lending
(D) Supply Chain Finance
(E) None of these
Ans : (D)
43. Expand the term FRBM—
(A) Financial Responsibility and Business Management
(B) Fiscal Responsibility and Business Management
(C) Financial Responsibility and Budget Management
(D) Fiscal Responsibility and Budget Management
(E) None of these
Ans : (D)
44. A customer can approach Banking ombudsman if he does not get satisfactory response to his grievance from the bank within how many days ?
(A) 10 days
(B) 20 days
(C) 8 days
(D) 30 days
(E) 60 days
Ans : (D)
45. Which one of the following country is in talks with EU and International Monetary Fund, to exit from debt crisis ?
(A) Spain
(B) Turkey
(C) Portugal
(D) Greece
(E) Finland
Ans : (D)
46. For achieving 8•5 percent GDP growth in fiscal 2010-11, which one of the following should be percent growth in farm sector ?
(A) 2•0
(B) 2•5
(C) 3•0
(D) 4•0
(E) None of these
Ans : (C)
47. According to a report submitted by IMF in its World Economic Outlook, which one of the following countries will have highest percent GDP growth rate in 2011 ?
(A) China
(B) India
(C) Brazil
(D) Russia
(E) None of these
Ans : (A)
48. Which one of the following has given 'Aadhaar' as its new brand name ?
(A) UIDAI
(B) Sports Ministry, GOI
(C) Ministry of Tourism, GOI
(D) NHAI
(E) None of these
Ans : (A)
49. Which of the following will help poor to come out of their poverty ?
1. Good Health Service
2. Freedom from illiteracy
3. Optimum *** Ratio
(A) Only 1
(B) Only 2
(C) Only 1 and 2
(D) Only 3
(E) All 1, 2 and 3
Ans : (E)
50. Which one of the following is per cent Bank Rate ?
(A) 4•0
(B) 4•5
(C) 5
(D) 3•33
(E) None of these
Ans : (E)
Allahabad Bank Clerk Exam. 2008 (Held on 30-08-2008)
1. If a word is typed that is not in Word’s dictionary, a ___ wavy underline appears below the word.
(A) red
(B) green
(C) blue
(D) black
(E) None of these
Ans (A)
2. The _____ button on the quick access Toolbar allows you to cancel your recent commands or actions.
(A) Search
(B) Cut
(C) Document
(D) Undo
(E) None of these
Ans (D)
3. In Excel, any set of characters containing a letter , hyphen, or space is considered ___
(A) a formula
(B) text
(C) a name
(D) a title
(E) None of these
Ans (B)
4. ________ Software allows users to perform calculations on rows and columns of data.
(A) Word processing
(B) Presentation graphics
(C) Database Management Systems
(D) Electronic Spreadsheet
(E) None of these
Ans (C)
5. A _________ represent approximately one billion memory locations.
(A) kilobyte
(B) megabyte
(C) gigabyte
(D) terabyte
(E) None of these
Ans (C)
6. ______ cells involves creating a single cell by combining two or more selected cells.
(A) Formatting
(B) Merging
(C) Embedding
(D) Splitting
(E) None of these
Ans (B)
7. The operating system is the most common type of ______________ software.
(A) communication
(B) application
(C) system
(D) word-processing
(E) None of these
Ans (C)
8. When you quickly press and releaes the left mouse button twice , you are ____
(A) Primary-clicking
(B) pointing
(C) Double-clicking
(D) Secondary-clicking
(E) None of these
Ans (C)
9. The horizontal and vertical lines on a worksheet are called ___
(A) cells
(B) sheets
(C) block lines
(D) gridlines
(E) None of these
Ans (D)
10. To delete an incorrect character in a document, __________ to erase to the right of the insertion point.
(A) press the left mouse key
(B) double-click the right mouse key
(C) press the BACKSPACE key
(D) press the delete key
(E) None of these
Ans (D)
11. The operating system does all of the following EXCEPT:
A provide a way for the user to interact with the computer.
B manage the central processing unit (CPU).
C manage memory and storage.
D enable users to perform a specific task such as document editing.
Ans (D)
12. During the boot process, the ____________ looks for the system files.
A CD
B. BIOS
C. CPU
D. DVD
AnS (B)
13. ____________ are lists of commands that appear on the screen.
A GUIs
B Icons
C Menus
D Windows
Answer: C
14. ____________ is the ability of an operating system to control the activities of multiple programs at the same time.
A Multitasking
B Streamlining
C Multiuser
D Simulcasting
Answer: A
15. The unique signal, generated by a device, that tells the operating system that it is in need of immediate attention is called an:
A action.
B event.
C interrupt.
D activity.
Answer: C
16. The operating system controls access to the processor by assigning a(n) ____________ to each task requiring the processor’s attention.
A CPU
B slice of time
C stack
D event
Answer: B
17. The blocks of code, included in the operating system, that software applications interact with are known as:
A application programming interfaces (APIs).
B complimentary metal-oxide conductors (CMOS).
C device drivers.
D bootstrap loaders.
Answer: A
18. MS-DOS is a ____________ operating system.
A point-and-click
B user-friendly
C command-driven
D Mac
Answer: C
19. An interrupt handler is a(n):
A location in memory that keeps track of recently generated interrupts.
B peripheral device.
C utility program.
D special numeric code that indicates the priority of a request.
Answer: D
20. A spooler is a(n):
A location in memory that maintains the contents of a document until it prints out.
B print job.
C program that coordinates the print jobs that are waiting to print.
D message sent from the printer to the operating system when a print job is completed.
Answer: C
21. Virtual memory is typically located:
A on a floppy disk.
B in the CPU.
C in a flash card.
D on the hard drive.
Answer: D
22. The purpose of a swap (or page) file is to:
A maintain pages of documents that are being spooled to the printer.
B hold a program’s data or instructions in virtual memory when it can’t fit in RAM.
C prevent thrashing in a multitasking environment.
D allow multiple print jobs to print their pages out simultaneously.
Answer: B
23. The definition of thrashing is:
A swapping data between virtual memory and RAM too frequently.
B insufficient hard disk space.
C too many processors being managed by the operating system.
D inaccurate information stored in the registry.
Answer: A
24. All of the following are TRUE of Safe Mode EXCEPT:
A Safe Mode is a special diagnostic mode.
B Safe Mode loads all nonessential icons.
C Safe Mode allows users to troubleshoot errors.
D Safe Mode loads only the most essential devices.
Answer: B
25. Verification of a login name and password is known as:
A configuration.
B accessibility.
C authentication.
D logging in.
Answer: C
26. The combination of the operating system and the processor is referred to as the computer’s:
A CPU.
B platform.
C BIOS.
D CMOS.
Answer: B
27. The following message generally means:
A a nonsystem floppy has been left in the floppy disk drive.
B the CD drive is not functioning.
C the BIOS is corrupted.
D there is a problem loading a device.
Answer: A
28. Which of the following is the correct sequence of actions that takes place during the boot-up process?
A Load operating system ? Activate BIOS ? Perform POST ? Check configuration settings
B Activate BIOS ? Perform POST ? Load operating system ? Check configuration settings
C Perform POST ? Load operating system ? Activate BIOS ? Check configuration settings
D Activate BIOS ? Check configuration settings ? Perform POST ? Load operating system
Answer: B
29. All of the following are steps involved in the boot process EXCEPT:
A load the operating system into RAM.
B the power-on self-test.
C activate the basic input/output system (BIOS).
D load application programs.
Answer: D
30. The ____________, stored on a ROM chip, is responsible for loading the operating system from its permanent location on the hard drive into RAM.
A BIOS
B API
C device driver
D supervisor program
Answer: A
31. The basic input/output system (BIOS) is stored in:
A RAM.
B ROM.
C the CPU.
D the hard drive.
Answer: B
32. Ensuring that the essential peripheral devices are attached and operational is the ____________ process.
A configuration
B CMOS
C POST
D ROM
Answer: C
33. The memory resident portion of the operating system is called the:
A registry.
B API.
C CMOS.
D kernel.
Answer: D
34. Which of the following does NOT occur during the power-on self-test (POST)?
A The ScanDisk utility begins to run.
B The video card and video memory are tested.
C The BIOS identification process occurs.
D Memory chips are checked to ensure they are working properly.
Answer: A
35. All of the following are TRUE regarding virtual memory EXCEPT:
A any amount of RAM can be allocated to virtual memory.
B the setting for the amount of hard drive space to allocate to virtual memory can be manually changed.
C this temporary storage is called the swap file (or page file).
D virtual memory is physical space on the hard drive.
Answer: A
36. The operating system allows users to organize the computer’s contents in a hierarchical structure of directories that include all of the following EXCEPT:
A files.
B folders.
D drives.
D systems.
Answer: D
37. All of the following statements concerning windows are true EXCEPT:
A windows are an example of a command-driven environment.
B windows can be resized and repositioned on the desktop.
C more than one window can be open at a time.
D toolbars and scrollbars are features of windows.
Answer: A
38. All of the following statements concerning files are true EXCEPT:
A A file is a collection of related pieces of information stored together for easy reference.
B Files can be generated from an application.
C Files are stored in RAM.
D Files should be organized in folders.
Answer: C
39. Using Windows Explorer, a plus (+) sign in front of a folder indicates:
A an open folder.
B the folder contains subfolders.
C a text file.
D a graphics file.
Answer: B
40. In Windows XP, if you want to see the file size and modified dates of all files in a folder, the best viewing option is the __________ view.
A List
B Thumbnails
C Details
D Icon
Answer: C
1.Which of the following is a very well known name in the field of
Banking in India?
(A) Ms. Meira Kumar
(B) Ms. Kiran Mazumdar Shaw
(C) Mr. Arun Jaitley
(D) Dr. D. Subbarao
(E) All of above
2. Which of the following is the currency of Spain ?
(A)Dollar
(B) Pound
(C)Yen
(D) Krona
(E) Euro
3. FIFA is an organization working in the field of?
(A) Banking
(B) Textiles
(C) Power Generation
(D) Social Service
(E) Sports
4. ‘Azlan Shah Cup’is associated with ?
(A) Cricket
(B) Hockey
(C) Badminton
(D) Table Tennis
(E) Golf
5. What is the full form of NFSM ,an initiative of the National Development Council of India?
(A) New Food Security Mechanism
(B) National Food Security Management
(C) National Farmer’s Service Manch
(D) New Fastest Space Missile
(E) None of these
6. Financial year in Banks is period between?
(A) January to December
(B) May to June
(C) April to March
(D) January to April
(E) None of these
7. The cooperative movement in which of the following fields has achieved a great visible success in India?
(A) Milk production
(B) Banking sector
(C) Textile sector
(D) Cotton production
(E) None of these
8. The Reserve Bank of India does not print currency notes of the denomination of Rs. ?
(A) 20
(B) 50
(C) 3000
(D) 1000
(E) 500
9. Which of the following is considered as the financial capital of India?
(A) New Delhi
(B) Kolkata
(C) Bangalore
(D) Ahmedabad
(E) Mumbai
10. Olympic Games are Organized after a gap ?
(A) Two years
(B) Three years
(C) Four years
(D) Five years
(E) Six years
11. Who amongst the following is the author of the book “India and Global Financial Crisis Managing Money and finance”?
(A) Dr. Bimal Jalan
(B) Dr. C. Rangarajan
(C) Dr. Manmohan Singh
(D) Mr. Pranab Mukherjee
(E) Dr. V. V. Reddy
12. Who amongst the following is the winner of the prestigious ‘Dada saheb Phalke Award’ given in April 2009?
(A) Manoj Kumar
(B) Rajesh Khanna
(C) Amitabh Bachchan
(D) JayaBachchan
(E) Jitendra
13. India recently finalized its National Solar Mission. The mission envisages an installed solar energy generation capacity of about…. By 2030
(A) 5000 MW
(B) 10000 MW
(C) 15000 MW
(D) 20000 MW
(E) 1000000 MW
14. As per the news published in major newspapers / magazines four Central Public Sector Under takings, NTPC, NHPC, PGCIL and DVC signed an agreement for a joint venture. All these four PSUs are working in which of the following areas/sectors?
(A) Textile Sector
(B) Power Sector
(C) Coal Sector
(D) Transport Sector
(E) Telecom Sector
15. Which of the following countries wanted to come back again as an active member of the Organisation of American States after its expulsion from there several years back?
(A) Cuba
(B) Brazil
(C) Argentina
(D) Turkey
(E) None of these
16. Who amongst the following was the first elected President of the Federal Democratic Republic of Nepal?
(A) Mr. Ram Baran Yadav
(B) Mr. B.P. Koirala
(C) Mr. Madhav Kumar Nepal
(D) Mr. Pushpa Kamal Dahal ‘Prachanda’
(E) None of these
17. As per news in major newspapers Sri Lankan Govt. has offered conditional Amnesty to which of the following groups with a view to end internal conflict in the country going on since last several years?
(A) Association of Civilians Trapped in War Area
(B) Janmukti Morcha
(C) Naxalite Group of Sri Lanka
(D) Madhesi Janadhikar Forum
(E) LTTE
18. As per the reports the Indo-Pak Trade reached at about which of
the following levels during 2008-09 ?
(A) Rs. 200 crores
(B) Rs. 300 crores
(C) Rs. 400 crores
(D) Rs. 500 crores
(E) Rs. 600 crores
19. Which of the following States is amongst the top five power selling States in India?
(A) Meghalaya
(B) Chhattisgarh
(C) Maharashtra
(D) Kerala
(E) Rajasthan
20. India and Russia recently signed an agreement so that India can get a supply of Uranium fuel from Russia. Uranium is used in which of the following sectors?
(A) Pharma Sector
(B) Transport Sector
(C) Agro Industry
(D) Telecom Sector
(E) Energy Sector
21. The Govt. of India recently decided to finalize a big defence deal of Rs. 45000 crore for which finally five contenders are shortlisted. This deal is to purchase—
(A) Fighter jets
(B) Radar system
(C) Spy rockets
(D) Baffle tanks
(E) Warships
22. Who amongst the following is not a Padma Awards Winner of
2009 (given in 2009)?
(A) Dr. G. Madhavan Nair
(B) Mr. Sundarlal Bahuguna
(C) Mr. Abhinav Bindra
(D) Ms. Aruna Sairam
(E) Mr. Manoj Kumar
23. As per the news in all major newspapers, the African National Congress (ANC) got an over whelming victory in the general elections held recently in?
(A) Ghana
(B) Uganda
(C) South Africa
(D) Kenya
(E)None of these
24. After a long cold war of several decades Taiwan recently signed an agreement to expand air links and accept main land investment with which of the following countries in its neighbourhood ?
(A) India
(B) China
(C) Malaysia
(D) Indonesia
(E) Japan
25. As per the news in major news papers Iran has agreed to welcome talks with world powers after a deadlock of several months. Which of the following is the major issue over which Iran has a difference with the most of the world powers? Its—
(A) Nuclear Programme
(B) Dispute with Iraq on several oil fields
(C) Views on subsidy on agro products in the meetings of the WTO
(D) Claim to have permanent seat in UN Security Council
(E) None of these
26. Union Govt. provides subsidy on which of the following commodities in India?
1. Fertilizers
2. Seeds
3. Tractors
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 2 and 3
(E) None of these
27. World famous Tennis Star Rafael Nadal is from which of the following countries?
(A) USA
(B) Spain
(C) Germany
(D) Italy
(E) France
28. Which of the following is/are the major objectives of the Union Budget 2009-10 presented by Sri Pranab Mukherjee?
1 Faster and more inclusivegrowth.
2. Equitable development.
3. Improve the delivery mechanism.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1,2 and 3
(E) None of these
29. As per the budget 2009-10, the Govt. has made an allocation of Rs. 1542 crores to purchase the shares held by the RBI in which of the following organizations?
(A) National Bank for Agricul ture and Rural Development
(NABARD)
(B) State Bank of India (SBI)
(C) Export Credit Guarantee Corporation of India (ECGC)
(D) Life Insurance Corporation of India
(E) All of above
30. Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future?
(A) Bombay Stock Exchange (BSE)
(B) Indian Bank’s Association (IBA)
(C) Securities and Exchange Board of India (SEBI)
(D) Reserve Bank of India (RBI)
(E) None of these
31. The SBI has signed an agreement with which of the following agencies to obtain a guarantee cover to its loans to Micro and Small Enterprises?
(A) Export Credit Guarantee Corporation
(B) Credit Guarantee Trust
(C)Small Industrial Development Bank of India
(D) Securities and Exchange Board of India
(E)None of these
32.. Which of the following is the short form of the name of the Indian Space Shuffle which puts various satellites into orbit ?
(A)RISAT
(B) PSLV
(C) ANUSAT
(D) ISRO
(E) INTESSAT
33.. ‘Astra’ which was in news in recent is the name of a newly developed
(A) Air to Air Missile
(B) Baffle Tank
(C) Spy Rocket
(D) Submarine
(E) Air to surface missile
34. The telecom industry of which of the following countries made a world record by adding about 16 million new subscribers in just one month (March 2009)?
(A) China
(B) Iran
(C) India
(D) South Africa
(E) None of these
35. The President of India recently signed three key trade agreements with a country whose Prime Minister is Mr. J. L. R. Zapatero belongs to which of the following countries?
(A) Spain
(B) Mexico
(C) Italy
(D) Greece
(E) Ghana
36. Who amongst the following has taken over as the New Chief
Election Commissioner (CEC) of India recently?
(A) Mr. Ashwani Kumar
(B) Mr. N. Gopalaswami
(C) Mr. V. S. Sampath
(D) Mr. Naveen Chawla
(E) None of these
37. Which of the following is the Reverse Repo Rate at present?
(A)3%
(B) 4%
(C)5%
(D) 5.5%
(E) None of these
38. Which of the following is true about the exports from India
during March 2009?
1. Exports went down by 33% percent in terms of US dollars during the period.
2. It was the highest drop in exports in more than a decade.
3. This drop was because Indian Tea has lost its demand inthe global market.
(A) Only 1
(B) Only 2
(C) Only 1 and 2
(D) All 1,2 and3
(E) None of these
39. As per the reports of the National Saving Institute (NSI) which of the following has shown an improvement in last few months by registering a 10% growth in it across the country?
(A) Bank Deposits
(B) Investments in commodity exchanges
(C) Investments in infrastructure bonds
(D) Small savings
(E) None of these
40. The President of Maldives was awarded the Anna Lindh Prize 2009 for his efforts in which of the following areas?
Efforts to
1. Combat climatic changes
2. Bringing democracy in country in a peaceful manner
3. Save his country from financial crisis
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) All1,2 and 3
1. As we all know rise of the ‘BRICs’ has left a vast impact on almost all aspects of the global economy. However, which of the following cannot be called as the direct effect(s) of ‘Rise of the BRICs’ on global/other powerful economy/economies ?
1. Countries like China wish to learn more about outsourcing from India.
2. It has made countries to suffer from Sub-prime Crisis.
3. EURO has become a powerful currency and many non-Euro countries are in ‘Swap Agreement’ with various nations.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
2. As per the reports published in the newspapers/journals how much amount the Govt. of India is planning to infuse in Public Sector Banks to make them competitive and strong globally ?
About—
(A) Rs. 10,000 crore
(B) Rs. 15,000 crore
(C) Rs. 20,000 crore
(D) Rs. 25,000 crore
(E) Rs. 30,000 crore
3. What is the maximum stake the Govt. of India has in any public sector bank at present ?
(A) 40%
(B) 49%
(C) 50%
(D) 64%
(E) 74%
4. Which of the following is not a major highlight of the Union Budget 2008-09 ?
1. A target of Rs. 2•80 lakhs crore is fixed for providing credit to agriculture sector.
2. Limit of the Banking Cash Transaction Tax is raised from present 1% to 1•5%.
3. PAN requirement is not mandatory for financial transactions. Other Ids are also acceptable.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 2 and 3
(E) All 1, 2 and 3
5. As per the news in major financial newspapers a ‘Rashtriya Swasthya Bima Yojana’ is launched in Delhi and Haryana States for members of unorganized sectors. Under the scheme each family is likely to get the benefit of Rs.………
(A) 15,000
(B) 20,000
(C) 25,000
(D) 30,000
(E) 50,000
6. As proposed in the Union Budget 2008-09 a ‘Risk Capital Fund’ is set up by the Govt. of India. Who amongst the following will maintain and operate that fund ?
(A) NABARD
(B) SIDBI
(C) ECGC
(D) RBI
(E) None of these
7. As per the Economic Survey 2007-08 presented in the Lok Sabha in February 2008, what has been the percentage growth in Bank credit ? About—
(A) 10%
(B) 15%
(C) 18%
(D) 21%
(E) 26%
8. As per the budget of the Indian Railways for 2008-09 the operating ratio of the railways has—
(A) Improved only by 0•5%
(B) Decreased by 0•5%
(C) Remained at the same level on which it was in 2007-08
(D) Reached at the level of 81%
(E) Reduced to the level of 63% which was the level of 2000-01
9. The government of India has launched a new scheme for the ‘Girl Child’. What is the name of the scheme ?
(A) Raj Lakshmi
(B) Rani Bitia
(C) Dhan Lakshmi
(D) Aanandita
(E) None of these
10. The President of India recently signed the much-awaited notification for the implementation of the suggestions made by the ‘Delimitation Commission’.
What will be the effect of this notification ?
(A) Parliamentary and Assembly constituencies will be redefined
(B) Candidates from SC/ST categories will get all benefits for another 15 years’ time
(C) The boundaries of the National Capital, New Delhi will be extended further
(D) Operations of the Cooperative Banks and Societies will not be limited to the state of their origin. They will also be like Public Sector Banks
(E) None of these
11. As per the new policy the number of Judges in the Supreme Court would be now—
(A) 21
(B) 25
(C) 26
(D) 30
(E) 31
12. 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 ?
1. CARE
2. CRISIL
3. ULIP
(A) Only 1
(B) Only 2
(C) 1 and 2 only
(D) Only 3
(E) All 1, 2 and 3
13. As per the newspaper reports the RBI is planning to introduce ‘Plastic Currency Notes’. What is/are the benefits of ‘Plastic Notes’ ?
1. Their Shelf life will be longer.
2. It will replace plastic money or credit, debit cards which are giving birth to many fraudulent practices.
3. Printing will be cheaper.
(A) Only 3
(B) Only 2
(C) Only 1
(D) All 1, 2 and 3
(E) None of these
14. ‘Sub Prime Lending’ is a term applied to the loans made to—
(A) Those borrowers who do not have a good credit history
(B) Those who wish to take loan against the mortgage of tangible assets
(C) Those who have a good credit history and are known to bank since 10 years
(D) Those borrowers who are most preferred customers of the Bank
(E) None of these
15. 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 ?
(A) Credit cards
(B) Loan against gold from financial institute
(C) Debit cards
(D) Money lender
(E) None of these
16. The Planning Commission of India has set up a 12 member committee on financial sector reforms. Who is the Chairman of the Committee ?
(A) Janki Raman
(B) Raghuram Rajan
(C) Rakesh Mohan
(D) K. V. Kamath
(E) None of these
17. Basel-II norms are associated with which of the following aspects of the banking industry ?
(A) Risk management
(B) Manpower planning
(C) Retirement benefits for the employees
(D) Corporate Governance
(E) None of these
18. What is meant by ‘Underwriting’ the term frequently used in financial sector ?
(A) Under valuation of the assets
(B) The Act of taking on a risk for a fee
(C) Giving a Guarantee that a loan will not become a bad loan
(D) The act of permission to float an IPO
(E) None of these
19. The government of India recently constituted the New Finance Commission (13th). What are its major functions ? To decide—
1. The salary structure of the employees of the Central Government.
2. The distribution of the net proceeds of taxes between states and Central Govt.
3. Rate of Income Tax and other taxes collected by the Union Govt.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
20. Who amongst the following was the Captain of the Indian cricket team which registered its victory in tri-series ODI matches against Australia played in March 2008 ?
(A) M.S. Dhoni
(B) Anil Kumble
(C) Rahul Dravid
(D) Saurav Ganguly
(E) Sachin Tendulkar
21. Mr. Nicolas Sarkozy who was the chief guest during the Republic Day Function 2008 is the—
(A) President of Brazil
(B) Prime Minister of Brazil
(C) President of France
(D) Prime Minister of France
(E) Foreign Secretary of USA
22. Who amongst the following has taken over as the President of Serbia after the General elections held there in February 2008 ?
(A) Boris Tadic
(B) Tomislav Nicolic
(C) Samak Sundaravej
(D) Novak Djokovic
(E) None of these
23. Indra K. Nooyi who was elected as the Chairperson of the US-India Business Council is the CEO of which of the following Companies ?
(A) Pepsi Co.
(B) Infosys
(C) Tata Consultancy Services
(D) NIIT
(E) None of these
24. Maria Sharapova won the Australian Open 2008 Women’s singles by defeating—
(A) Shahar Peer
(B) Kateryna Bondarenko
(C) Sania Mirza
(D) Victoria Azarenka
(E) Ana Ivanovic
25. Saina Nehwal won the Seniors’ Championship match of which of the following games held in Goa in January 2008 ?
(A) Golf
(B) Tennis
(C) Table tennis
(D) Archery
(E) Badminton
26. As per the news published in some newspapers magazines two PSUs National Thermal Power Corporation and Coal India Ltd. are going to float a joint venture ‘SPV’. What is the full form of ‘SPV’ ?
(A) Small Power Venture
(B) Special Purpose Vehicle
(C) Special Power Venture
(D) Small Purpose Vehicle
(E) None of these
27. The Telecom Regulatory Authority of India (TRAI) recently agreed to allow foreign direct investment in the field of mobile television services. Upto what extent FDI is allowed in this field ?
(A) 50%
(B) 60%
(C) 64%
(D) 70%
(E) 74%
28. As per the performance assessment data released by the Economic Advisory Council (EAC) in January 2008. Which of the following sectors registered a growth of 3•6 per cent ?
(A) Agriculture Sector
(B) Banking Sector
(C) Tourism Sector
(D) Aviation Services Sector
(E) None of these
29. Which of the following is the name of very violent and serious types of winds which bring lot of disaster ?
(A) Trade winds
(B) Hurricane
(C) Cirrus
(D) Stratus
(E) None of these
30. The Global Employment Trends Report 2008 published by the International Labour Organization has indicated that there may be increase in global unemployment. What according to them is/are the major reasons of this possibility ?
1. Turmoil in Credit Markets all over the world.
2. Rise in oil prices in international market.
3. Civil unrest in some under and undeveloped nations.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) None of these
31. As we have noticed many banks of Indian origin are opening offices/branches in foreign countries. Why is this trend emerging at a very fast pace ?
1. These Banks wish to provide banking facilities to foreigners as banking facilities are not plenty in many foreign countries. India wants to take an advantage of the situation.
2. These banks wish to help Indian firms to acquire funds at internationally competitive rates.
3. These banks wish to promote trade and investment between India and other countries.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) Only 2 and 3
32. Many economists, bankers and researchers in India often advocate that banks should equip themselves for new challenges. These challenges are in which of the following shapes/forms ?
1. As Indian economy is getting increasingly integrated with the rest of the world the demand of the Corporate banking is likely to change in terms of size, composition of services and also the quality.
2. The growing foreign trade in India will have to be financed by the local banks.
3. Foreigners are habitual of the comforts provided by the technology. India has to do a lot in this reference.
(A) Only 1 is correct
(B) Only 2 is correct
(C) Only 3 is correct
(D) All 1, 2 and 3 are correct
(E) None of these
33. As per the reports published in the newspapers Indian Rupee is now fully accepted in Asian countries like, Singapore, Hong Kong, Malaysia etc. What does it really mean ?
1. Anybody from Asian country can purchase Indian Rupee and keep it in his/her bank account in his/her country without any restrictions.
2. Now people in these nations are not required to go for a double conversion first in dollar and then in rupee.
3. People travelling European/Asian countries can make their payments in rupee anywhere without any problem.
(A) Only 1 is correct
(B) Only 2 is correct
(C) Only 3 is correct
(D) All 1, 2 and 3 are correct
(E) None of these
34. Which of the following is not a banking/finance related term ?
(A) Credit wrap
(B) EMI
(C) Held to Maturity
(D) Exposure limit
(E) Diffusion
35. 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 ?
1. Providing subsidy to agriculture.
2. Export of patented drugs/medicines by developed nations.
3. Restriction on natural movement of people from one nation to other.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 3
(E) None of these
36. The Technology Mission on Cotton was launched during Xth plan. The scheme was designed to get increase in production of cotton by which of the following levels by the end of the plan ?
(A) 100 lakh bales
(B) 150 lakh bales
(C) 175 lakh bales
(D) 200 lakh bales
(E) None of these
37. A National Development Fund was created by the Government of India a few years ago. What was the purpose of the fund ?
1. Boost investment in social sector projects to promote education, healthcare and
employment.
2. Capital investments in selected profitable PSEs to yield adequate returns.
3. To fund revision in pay structure of Central Government employees.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) None of these
38. Olympic 2008 are scheduled to be held in—
(A) Paris
(B) Tokyo
(C) London
(D) Moscow
(E) None of these
39. The general elections took place in which of the following countries in March 2008 ?
(A) Iran
(B) Iraq
(C) Afghanistan
(D) Myanmar
(E) Sri Lanka
40. Who amongst the following is the author of the book ‘Economic Nightmare of India’ ?
(A) Morarji Desai
(B) K. Rajeshwar Rao
(C) Charan Singh
(D) Jyoti Basu
(E) None of these
41. As per the targets for 11th plan educated unemployment is to be reduced to which of the following levels ?
(A) 5%
(B) 6%
(C) 7%
(D) 8%
(E) 9%
42. ‘Long Walk’ to Freedom’ is a book written by—
(A) Sonia Gandhi
(B) L. K. Advani
(C) Nelson Mandela
(D) Benazir Bhutto
(E) Nawaz Sheriff
43. India recently signed a pact with which of the following countries on solving the problems of Indian labour in that country ?
(A) Iran
(B) UAE
(C) Malaysia
(D) Kuwait
(E) None of these
44. Which of the following countries is trying to launch a Satellite to study the sun ?
(A) USA
(B) India
(C) Russia
(D) China
(E) None of these
45. Jang Hyun Jong who was adjudged as the ‘Asian Hockey Player of the year’ is from—
(A) China
(B) Singapore
(C) South Korea
(D) India
(E) None of these
46. Who amongst the following is the winner of Padma Vibhushan Awards given away recently ?
(A) Rahul Gandhi
(B) Priya Dutt
(C) Vinod Dua
(D) Ratan Tata
(E) None of these
47. Which of the following films was adjudged ‘Best Film’ in 14th Star Screen Awards given away in January 2008 ?
(A) Om Shanti Om
(B) Guru
(C) Taare Zameen Par
(D) Jab We Met
(E) Chak De India
48. A meeting of the European Leaders was held in January 2008 at which of the following places to discuss ‘Global Economic Turmoil’ ?
(A) London
(B) New Delhi
(C) New York
(D) Tokyo
(E) Milan
49. Castro Sibling is the new President of—
(A) Romania
(B) Cuba
(C) Israel
(D) Venezuela
(E) None of these
50. Kosovo declared itself independent from which of the following countries ?
(A) Ukraine
(B) Croatia
(C) Serbia
(D) Russia
(E) None of these
1.As per the reports in the newspapers what has been the average growth of GDP during 10th
plan period (2002-2007) ?
(A) 9 %
(B) 9.3 %
(C) 8 %
(D) 8.7 %
(E) 7.6 %
Ans (E)
2. Which of the following is/are not part(s) of the Union Budget 2008-09 presented in the Lok
Sbha in February 2008 ?
(1) Defence allocation is increased by 10% to reach more than Rs. 1,00,000 crore.
(2) National Rural Guarantee Act is extended to all the rural districts.
(3) Debt Waiver Scheme launched to help all farmers irrespective of their land holdings.
(A) Only 1
(B) Only 2
(C) Both 1 & 2
(D) Only 3
(E) None of these
Ans (D)
3. Which of the following States has been declared 2008 as the “Year of Education” ?
(A) Haryana
(B) Bihar
(C) Gujarat
(D) Uttar Pradesh
(E) None of these
Ans (A)
4. Who amongst the following is selected as the “Banker of the year 2007? by the Business
Standard ?
(A) M.V.Kamath
(B) K.C.Chakrabarty
(C) Anil Khandelwal
(D) O.P.Bhatt
(E) None of these
Ans (D)
5. Which of the following is /are not the constituent sector(s) of the Gross Domestic Product
(GDP) of India ?
(1) Agriculture & allied activities
(2) Foreign Exchange Reserve
(3) Industry
(A) Only 1
(B) All 1,2 & 3
(C) Only 3
(D) Both 1 & 2
(E) Only 2
Ans (E)
6.What is “H5N1? a term , which was very much in news recently ?
(A) It is a category of Visa provided by the USA fOR STUDENTS.
(B) It is the name of the virus which cause Bird flu
(C) It is the code name of India’s space Mission 2010.
(D) It was the name of the military operation launched by Sri Lanka against LTTE.
(E) None of these
Ans (B)
7. Which of the following State Govts. launched a Rs. 40,000 crore “Ganga Expressway
Project” ?
(A) Bihar
(B) Gujarat
(C) Madhya Pradesh
(D) West Bengal
(E) Uttar Pradesh
Ans (E)
8. Which of the following countries is going to elects its first 47 member parliament for the first
time in the history of the country ?
(A) Butan
(B) Pakistan
(C) Myanmar
(D) Nepal
(E) None of these
Ans (A)
9. “World Day for Water” was observed on which of the following days ?
(A) 22nd January
(B) 22nd February
(C) 22nd March
(D) 22nd April
(E) None of these
Ans (C)
10. sunita Williams is the recipient of which of the following awards given away recently ?
(A) Woman of the year 2007
(B) Padma Bhushan
(C) Shanti Swarup Bhatnagar Award
(D) Pravasi India Award 2007
(E) None of these
Ans (B)
11. The Fifth National Winter Games were organized in -
(A) Jaipur
(B) Gulmarg
(C) Hyderabad
(D) Chennai
(E) Delhi
Ans(C)
12. Who amongst the following won the Men’s single title of Australian Open Tennis 2008 ?
(A) Novak Djokovic
(B) Jo-Wilfried Tsonga
(C) Jonathan Erlich
(D) Andy Ram
(E) None of these
Ans (A)
13. Which of the following films won the best Film Award in 65th Golden Globe Awards
ceremony ?
(A) Away from her
(B) Atonement
(C) No Country for Old Men
(D) I’m Not there
(E) None of these
Ans (B)
14. Rahul Banerjee won which of the following Natioanl Senior Champioship held in January
2008 ?
(A) Badminton
(B) Chess
(C) Archery
(D) Golf
(E) None of these
Ans (C)
15. Who amongst the following is the author of the novel “Without Dreams” ?
(A) Shahbano Bilgrami
(B) Saeed Mirza
(C) Javed Akhtar
(D) Shabana Azmi
(E) None of these
Ans (A)
16. The —— of a system includes the programs or instructions.
(A) Hardware
(B) Icon
(C) Information
(D) Software
(E) None of these
Ans (D)
17.The copy command saves to-
(A) The Desktop
(B) The Clipboard
(C) Microsoft Word
(D) Paste
(E) None of these
Ans (B)
