Banking and Insurance (Part 3)

23 Feb 2015

(21) How many banks are there in public sector at present ?

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 (1) 28 

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 (2) 27

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 (3) 19

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 (4) 20

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 (5) None of the above

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(22) Study the following statements and mark your answer according to the\r\nanswer code given below-

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 I. Planning is the first function of\r\nmanagement.

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 II. Planning provides a basis for\r\norganisation.

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 III. Planning does not involve\r\ndecision-making.

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 IV. Planning is a static function\r\nCodes;

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 (1) I and III are correct

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 (2) I and II are correct

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 (3) I and IV are correct

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 (4) II and IV are correct

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 (5) None of the above

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(23) The main objective of controlling is to-

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 (1) Punish the guilty person

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 (2) Ensure that performance is as\r\nper planning

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 (3) Maintain discipline

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 (4) Fix responsibility of\r\nsubordinates

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 (5) None of the above

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(24) Which Indian Company has been included for the first time in U.S. A’s\r\nindex NASDAQ-100?

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 (1) Infosys

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 (2)Tata Motors

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 (3) ICICI Bank

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 (4) V S N L

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 (5) None of the above

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(25) Which one of the following taxes has not been abolished in recent Union\r\nBudgets?

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 (1) Banking Cash Transaction

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 (2) Commodity Transaction Tax

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 (3) Fringe Benefit Tax

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 (4) Securities Transaction Tax

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 (5) None of the above

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(26) When did Regional Rural Banks start functioning in India?

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 (1) 1975

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 (2) 1947

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 (3) 1956

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 (4) 1960

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 (5) None of the above

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(27) The most liquid asset among the following is?

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 (1) Gold

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 (2) Share

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 (3) Cash

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 (4) Land

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 (5) None of the above

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(28) Who was the Chairman of the Sixth Central Pay Commission?

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 (1) Justice B. N. Srikrishna

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 (2) Prof. Ravindra Dholakia

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 (3) J. S. Mathur

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 (4) Sushma Nath

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 (5) None of the above

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(29) India’s first special Economic  Zone\r\ndedicated to the aerospace  industries\r\nhas  been launched at

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 (1) Hyderabad

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 (2) Hallargi

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 (3) Shimla

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 (4) Ahmedabad

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 (5) none of above

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(30) Which of the following committees is associated with reforms in small\r\nindustries?

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 (1) K.L.Rekhi Committee

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 (2) R.Chelliah Committee

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 (3) Abid Hussain Committee

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 (4) None of the above

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 (5) All of above

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Answers : (21) 2 (22) 2 (23) 2 (24) 1 (25) 4 (26) 1 (27) 3 (28) 1 (29) 2 (30)\r\n3

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Banking Awareness