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2012 july general awareness one -1


1. Which of the following is/are the implication(s) of large inflow of foreign exchange into the country? 
A) It makes monetary management difficult for the Reserve Bank of India (RBI). 
B) It creates money supply, asset bubbles and inflation.
C) It weakens the competitiveness of Indian exports. 
Select the correct answer. 
a) Only (A) b) Only (B) c) Only (C) d) Only (A) and (C)
e) All (A), (B) and (C) 
2. For the welfare of which of the following sections does the organisation ‘CRY’ work? 
a) Leprosy patients b) Children c) War victims d) Senior citizens
e) None of these 
3. The Reserve Bank of India (RBI) is authorized to make to the Central and state governments ways and means advances. These are repayable within which of the following periods? 
a) Three months from the date of making advances 
b) Six months from the date of making advances 
c) Nine months from the date of making advances 
d) Twelve months from the date of making advances e) None of these 
4. On which of the following issues can SEBI penalize any company in India? 
A) Violation of the Banking Regulation Act 
B) Violation of foreign portfolio investment guidelines 
C) Violation of the Negotiable Instruments Act 
Select the correct answer. 
a) Only (A) b) All (A), (B) and (C) c) Only (A) and (B) 
d) Only (B) and (C) e) Only (B) 
5. Which of the following is NOT a part of the structure of the financial system of India? 
a) Industrial finance b) Agricultural finance c) Government finance 
d) Development finance e) Personal finance 
6. As we all know, the major source of income of banks is lending money and earning interest on it. In normal circumstances, the demand of credit comes mainly from which of the following sectors? 
A) Personal loans B) Priority sector lending and bailout packages. 
C) Project finance 
Choose the right answer. 
a) Only A b) Only B c) Only C d) All A, and C
e) None of the above 
7. Which of the following policies/agreements/accords is closely associated with reforms in banking industry? 
a) Doha Accord b) Basel Accord c) Look East Policy 
d) Ramsar Agreement e) Geneva Framework 
8. Money laundering normally involves 
a) Placement of funds b) Layering of funds c) Integration of funds 
d) All a, b and c e) None of the above 
9. World’s largest gas reserves are located in which of the following regions? 
a) Russia b) Middle East c) Africa d) Europe e) Canada 
10. In banking world, when a loan given by a bank to an individual or organisation is not returned by the borrower wishfully or otherwise, it is known as 
A) Standard Asset B) Non-Performing Asset C) Overdraft 
Select the right answer. 
a) Only (A) b) Only (B) c) Only (C) d) Only (A) and (B)
e) None of the above 
1.e       2.b      3.a      4.e       5.e       6.d      7.b      8.d      9.a      10.b

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