1. Which international bank has been accused by New York state in the United States of hiding about 60,000 secret transactions with the Iranian government, involving a whopping $250 billion?
(1) ABN Amro Bank (2) HSBC (3) Barclays Bank (4) Standard Charter (5) HDFC Bank
2. Name the space rover of the United States which has recently landed on the Red Planet, Mars to probe its surface?
(1) Cassini (2) Atlantis (3) Discovery (4) Curiosity (5) Endeavour
3. Who is the chairman of the Pension Fund Regulatory Development Authority (PFRDA) of India?
(1) UK Sinha (2) J Harinarayan (3) Yogesh Agarwal (4) D Subbarao (5) C Rangarajan
4. Bank Rate implies the rate of interest:
(1) Paid by the Reserve Bank of India on the deposits of commercial banks
(2) Charged by banks on loans and advances
(3) Payable on bonds
(4) At which the Reserve Bank of India discounts the Bills of Exchange
(5) None of these
5. Which country has officially been accepted recently into Mercosur, the South American trade block?
(1) Venezuela (2) Brazil (3) Argentina (4) Uruguay (5) Paraguay
6. Interest on savings bank account is now calculated by banks on:
(1) Minimum balance during the month
(2) Minimum balance from 7th to the last day of the month
(3) Minimum balance from 10th to last day of the month
(4) Maximum balance during the month
(5) Daily product basis
7. An unsecured loan extended by one corporate to another is called:
(1) Commercial papers (2) Treasury bill (3) Inter-corporate deposits
(4) Certificate of deposits (5) All of the above
8. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called:
(1) Statutory Bank Ratio (SBR) (2) Statutory Liquid Ratio (SLR)
(3) Central Liquid Reserve (CBR) (4) Central Liquid Reserve (CLR)
(5) None of these
9. The Narsimham Committee for financial sector reforms suggested reduction in:
(1) SLR and CRR (2) SLR, CRR and Priority Sector Financing
(3) SLR and Financing to capital goods sector
(4) CRR, Priority Sector Financing and Financing to capital goods sector
(5) None of these
10. For 2,690-MW hydro power projects in which country Power Ministry of India has fast tracked clearance, to be set in joint venture with Indian companies?
(1) Nepal (2) Bhutan (3) Bangladesh (4) Myanmar (5) Sri Lanka
Answers:
1. (4) 2. (4) 3. (3) 4. (D) 5. (1) 6. (5) 7. (3) 8. (2) 9. (2) 10. (2)
(1) ABN Amro Bank (2) HSBC (3) Barclays Bank (4) Standard Charter (5) HDFC Bank
2. Name the space rover of the United States which has recently landed on the Red Planet, Mars to probe its surface?
(1) Cassini (2) Atlantis (3) Discovery (4) Curiosity (5) Endeavour
3. Who is the chairman of the Pension Fund Regulatory Development Authority (PFRDA) of India?
(1) UK Sinha (2) J Harinarayan (3) Yogesh Agarwal (4) D Subbarao (5) C Rangarajan
4. Bank Rate implies the rate of interest:
(1) Paid by the Reserve Bank of India on the deposits of commercial banks
(2) Charged by banks on loans and advances
(3) Payable on bonds
(4) At which the Reserve Bank of India discounts the Bills of Exchange
(5) None of these
5. Which country has officially been accepted recently into Mercosur, the South American trade block?
(1) Venezuela (2) Brazil (3) Argentina (4) Uruguay (5) Paraguay
6. Interest on savings bank account is now calculated by banks on:
(1) Minimum balance during the month
(2) Minimum balance from 7th to the last day of the month
(3) Minimum balance from 10th to last day of the month
(4) Maximum balance during the month
(5) Daily product basis
7. An unsecured loan extended by one corporate to another is called:
(1) Commercial papers (2) Treasury bill (3) Inter-corporate deposits
(4) Certificate of deposits (5) All of the above
8. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called:
(1) Statutory Bank Ratio (SBR) (2) Statutory Liquid Ratio (SLR)
(3) Central Liquid Reserve (CBR) (4) Central Liquid Reserve (CLR)
(5) None of these
9. The Narsimham Committee for financial sector reforms suggested reduction in:
(1) SLR and CRR (2) SLR, CRR and Priority Sector Financing
(3) SLR and Financing to capital goods sector
(4) CRR, Priority Sector Financing and Financing to capital goods sector
(5) None of these
10. For 2,690-MW hydro power projects in which country Power Ministry of India has fast tracked clearance, to be set in joint venture with Indian companies?
(1) Nepal (2) Bhutan (3) Bangladesh (4) Myanmar (5) Sri Lanka
Answers:
1. (4) 2. (4) 3. (3) 4. (D) 5. (1) 6. (5) 7. (3) 8. (2) 9. (2) 10. (2)
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