1 SEBI is a ___________ ?
(a)Statutory body (b)Advisory body (c)Constituional body (d)Non-Statutory body (e) None of these
2. What is the fullform of AMC?
(a)Accredited management Corporation (b)Association of management Corporation
(c)Asian Market Capital (d)Assets management Companies (e)Asian Market Currency
3. Which of the following is a Indirect Tax?
(a)Corporate Tax (b)Income Tax (c)Service Tax (d)Property Tax
(e) None of these
4. ‘MICR’ technology used for clearance of cheques by banks refers to—
(a) Magnetic Ink Character Recognition (b) Magnetic Intelligence Character Recognition
(c) Magnetic Information Cable Recognition (d) Magnetic Insurance Cases Recognition
(e) None of these
5. As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw upto Rs. 1,000 using their debit cards from notified shops/stores all over the country. All such shops/stores will have ‘POS’ terminals for the same. What is full form of the ‘POS’ ?
(a) Payment on Sale (b) Power of Sale (c) Point of Sale
(d) Payment Order Service (e) None of these
6. Many a times we read in newspapers about ‘Financial Inclusion’. What does it really mean ?
1. Allow the merger and acquisition of banks so that only few big banks exist and continue to cater to the need of corporate sector.
2. Expending the network of banks in such a way that people from lower strata of society also get the benefit of services provided by banks.
3. Providing Insurance cover to each and every citizen so that he/she can live a healthy and long life.
(a) Only 1 (b) Only 2 (c) Only 3 (d) Both 1 and 2 (e) All 1, 2 and 3
7. One of the major emphasis of Basel II is that banks should have—
(a) adequate Capital Adequacy Ratio
(b) only few branches in urban centres
(c) more and more branches in rural areas
(d) core banking mode of operation
(e) all the above to comply with Base II norms
8. An agreement between two nations or a group of nations which establishes unimpeded exchange and flow of goods and services between/among trade partners regardless of national boundaries is called—
(a) Import Free Agreement (b) Free Trade Agreement (c) Export Free Agreement
(d) Special Economic Zone Agreement (e) None of these
9. The Foreign Exchange Reserve of India are kept in the custody of……
(a) World Bank (b) International Monetary Fund (c) Prime Minister Rahat Kosh (d) Reserve Bank of India
10. As per the news appeared in some major newspapers India is number two in getting ‘PE’. What is the full form of ‘PE’ as used in the financial world ?
(a) Professional and Ecofriendly (b) Profitable Equity (c) Profitable and Economical
(d) Private and Economical (e) Private Equity
Answers:
1-a 2-d 3-c 4-a 5-c
6-b 7-a 8-b 9-d 10-e
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