Banking and Insurance (Part 1)

21 Feb 2015

(1) What type of Products does CACP recommend minimum\r\nsupport price for?

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 (1) Industrial Products

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 (2) Agricultural\r\nProducts

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 (3) Pharmaceutical Products

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 (4) None of the above

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 (5) All of above

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(2) The proportion of labour in GNP (Gross National\r\nProduct) becomes low due to the following reasons -

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 (1) Price lag behind tages

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 (2) Profit lags behind prices

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 (3) Prices lag behind profit

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 (4) Wages lag behind\r\nprice

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 (5) none of above

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(3) Arrange the expenditure heads in\r\ndescending order using the codes given below

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 A. Plan expenditure

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 B. Non-plan expenditure

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 C. Revenue expenditure

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 D. Capital expenditure

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 (1) B, C, D, A

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 (2) C, D, B, A

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 (3) C, B, A, D

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 (4) B, A, D, C

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 (5) None of the above

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(4) From time to time RBI has issued :-

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 (1) Straight coupon bonds

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 (2) Inflation linked bonds

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 (3) Zero coupon bonds

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(5) India’s foreign exchange rate system\r\nis?

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 (1) Free float

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 (2) Managed float

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 (3) Fixed

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 (4) Fixed target of band

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 (5) None of the above

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(6) According to the Planning\r\nCornmission, for infrastructure development during Eleventh Five Year Plan, the\r\nrequired investment is?

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 (1) Approximately $ 250 billion

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 (2) Approximately $ 500 billion

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 (3) Approximately $ 750 billion

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 (4) Approximately $ 1000 billion

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 (5) None of the above

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(7) Legally speaking Pass Through Certificates are ________\r\nand are tradeable freely.

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 (1) Promissory notes

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 (2) Bill of Credit

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 (3) Bill of LAnding

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 (4) (1)&(2) are true

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 (5) (1),(2)&(3) are true

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(8) Who is the Chairman of the Planning\r\nCommission ?

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 (1) Prime Minister

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 (2) President

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 (3) Governor of Reserve Bank of India

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 (4) Finance Secretary

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 (5) None of the above

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(9) The concept of disinvestment was\r\nintroduced by?

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 (1) Friedman (2) Kaldor

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 (3) Keynes (4) Myrdal

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 (5) None of the above

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(10)  Land Development Banks form part of\r\n-

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 (1) Commercial Banks

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 (2) IDBI

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 (3) FCI

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 (4) Cooperative Credit\r\nStructure

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 (5) none of above

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Answers : (1) 2 (2)\r\n4 (3) 3  (4) 5 (5) 2 (6) 2 (7) 1 (8) 1 (9)\r\n3 (10) 4

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Banking Awareness