51. What do you understand by ‘Para Banking’ services ?
(A) Eligible financial services rendered by banks
(B) Utility services provided by banks
(C) Services provided through business correspondents
(D) Services provided to armed force personnel
(E) None of these
Ans : (C)
52. For which one of the following reasons, the Steel Ministry wants complete ban on export of iron ore from India ?
(A) The price of iron ore exports is not competitive
(B) The iron ore exports do not provide any value addition to exports
(C) The prices of iron ore are high and as such the exports of the ore should be banned
(D) Iron ore is a non-renewable resource like coal and petroleum products, hence it should be preserved
(E) None of these
Ans : (D)
53. What is a cross Border Exchange ?
(A) Trading of foreign currency in India
(B) Trading of Indian rupee in exchange of other currencies/ goods
(C) Hawala transactions in Indian Rupee
(D) Unauthorized remittance of Indian Rupee
(E) None of these
Ans : (A)
54. What is Cartosat-2B ?
(A) It is an advanced remote sensing statellite built by ISRO
(B) It is a warhead developed by DRDO
(C) It is an educational project launched by UGC
(D) It is an advanced computer developed by IIT Kanpur
(E) None of these
Ans : (A)
55. For which one of the following reasons RBI has decided to undertake mid-quarter policy reviews ?
1. To realign 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 and 3
(E) None of these
Ans : (D)
56. Which one of the following is the objective of Financial Stability and Development Council ?
(A) To address inter-regulatory issues only
(B) To focus on financial literacy only
(C) To focus on financial inclusion only
(D) Only (A) and (B)
(E) All (A) , (B) and (C)
Ans : (C)
57. For which one of the following reasons has the Planning Com-mission decided to convert itself into a system Reforms Commission ?
(A) It is to make people to people contact
(B) It is to understand the problems of people
(C) It is to review the implementation of its policies
(D) It is aimed at changing economic profile of the country
(E) None of these
Ans : (A)
58. Which one of the following sectors in India has attracted highest amount of Foreign Direct Investment during 2009-10 ?
(A) Manufacturing
(B) Construction
(C) Wholesale and Retail Trade
(D) Financial Insurance, Real Estate
(E) Civil Aviation
Ans : (B)
59. Which of the following is/are a renewable source of energy ?
1. Wind
2.Solar
3. Thermal
(A) Only 1
(B) Only 2
(C) All 1, 2 and 3
(D) Only 2 and 3
(E) Only 1 and 2
Ans : (E)
60. Expand the term SWIFT—
(A) Society for Worldwide Inter-national Financial Telecommunications
(B) Society for Worldwide Inter-bank Financial Telecommunications
(C) Society for Worldwide Inter-national Financial Transfers
(D) Society for Worldwide Inter-bank Fiscal Transactions
(E) None of these
Ans : (B)
61. For which one of the following reasons. NABARD has set up joint liability groups (JLG) of farmers ?
(A) To facilitate delivery of credit to farmers
(B) To facilitate better delivery of credit to farmers through informal sources
(C) To facilitate better delivery of credit to share croppers and those who do not have their own land
(D) To facilitate better delivery of credit to farmers through Panchayats
(E) None of these
Ans : (A)
62. Which of the following terms is not used in Banking World ?
(A) Holding Company
(B) Post dated cheque
(C) Credit
(D) Time deposit
(E) Centripetal force
Ans : (E)
63. What is the extent of claim that can be entertained by a Lok Adalat ?
(A) Up to lakhs
(B) Up to 10 lakhs
(C) Up to 20 lakhs
(D) Up to 50 lakhs
(E) No limit
Ans : (A)
64. ‘ASHA’ is a scheme for providing which of the following services to the people in India ?
(A) Health Service
(B) Clean water
(C) Primary Education
(D) Employment for 100 days
(E) None of these
Ans : (A)
65. Some private organizations are running e-choupals, to help which of the following section of society ?
(A) Farmers
(B) Small businessman
(C) Cooperative Credit Societies
(D) School-going children
(E) Unemployed youth
Ans : (A)
66. Which is the currency of U.A.E. ?
(A) Dirham
(B) Dinar
(C) Dollar
(D) Taka
(E) Pound Sterling
Ans : (A)
67. Who amongst the following is the author of the book ‘A bend in the River’ ?
(A) Chetan Bhagat
(B) V. S. Naipaul
(C) Kiran Desai
(D) Anita Desai
(E) None of these
Ans : (B)
68. Which of the following terms is used in game of Cricket ?
(A) Love
(B) Scoop
(C) LBW
(D) Tee
(E) Back-hand drive
Ans : (C)
69. Which one of the following was India’s per cent GDP growth during 2009-10 ?
(A) 6•7
(B) 9•2
(C) 7•4
(D) 9•7
(E) None of these
Ans : (C)
70. Which one of the following countries in Europe is facing financial crisis ?
(A) Ireland
(B) Portugal
(C) Rumania
(D) Hungary
(E) France
Ans : (D)
71. Which of the following schemes is launched for school children ?
(A) Rajlakshmi
(B) Kutir Jyoti
(C) Mid Day Meal
(D) Swajal Dhara
(E) None of these
Ans : (C)
72. Loans of small or very small amounts given to low income group people are known as—
(A) Investment Loans
(B) Micro Credit
(C) Savings Loan
(D) Secured Loans
(E) Cash Credit Loans
Ans : (B)
73. Which of the following is the Central Bank of U.S.A. ?
(A) Federation of Banks in U.S.A.
(B) Citigroup U.S.A.
(C) Bank of America
(D) Central Bank of U.S.A.
(E) Federal Reserve System
Ans : (E)
74. Which one of the following countries was second biggest net importer of goods and services in the year 2009 ?
(A) U.S.A.
(B) India
(C) China
(D) Germany
(E) Russia
Ans : (B)
75. The activity of purchasing shares of various companies is called—
(A) On-line Trading
(B) Share Trading
(C) Real estate investment
(D) Corporate Trading
(E) None of these
Ans : (C)