1:13 AM
Abhishek Khajuria
Sample paper of Banking and Socio Economics Awareness
1) What is the quantity of Gold the RBI Purchased from IMF in 2009
a) 200 tonne
b)150 tonne
c)100 tonne
d) 50 tonne
Ans a
2) Free Trade Refers to
a) Free movement of Goods from one country to other.
b) Movement of Goods from one Country to another free of cost.
c) Unrestricted exchange of Goods and Services.
d) Tool free of Duty
Ans c
3) India Committed to world Bank for achieving the GDP growth rate by 2012
a) 7 %
b) 8 %
c) 9 %
d)10 %
Ans c
4) Which of the following is not a Drug/Pharma Company
a) Chevron
b) Nicholas Piramal
c) Pfizer
d) Zydus Cadila
Ans a
5) Which Economy Theory is also Known as the Theory of Income Determination
a) The Theory of International Trade
b) Theory of Allocation
c) The Subsistence Theory
d) The Keynesian Theory
Ans d
6) The Leading Trade Theorist of the World is
a) Amartya Sen
b) Jagdish Bhagwati
c) Joseph Stiglitz
d) Pranab Bardhan
Ans b
7) Number of Central Bank in India
a) One
b) Two
c) Three
d) Four
Ans a
8) IBRD Abbreviates
a) International Bank of Reconstruction and Development
b) Indian Bank for Rural Development
c) Industrial Bank for Rural Development
d) International Bank for Revenue and Development
Ans a
9) Capital Market Means
a) Mutual Funds
b) Money Market
c) Securities Market
d) Banking Business
Ans c
10) The Largest Revenue Source in India
a) Sales Tax
b) Income Tax
c) Excise Duty
d) Export Duty
Ans c
11) The Securities and Exchange Board of India(SEBI) was established in the Year
a) 1992
b) 1993
c) 1994
d) 1988
Ans a
12) Who was the First Chairman of SEBI as well of Disinvestment Commission of India
a) C.B Bhave
b) G.V.Ramakrishna
c) A.S. Morrthy
d) Vijay Kelkar
Ans b
13) The Changed Name of Unit Trust of India Bank is
a) ICICI
b) Axis
c) Bank of Punjab
d) HSBC
Ans b
14) One of the Following is not a Function of Reserve Bank of India
a) Issuing Currency Notes
b) Formulating Monetary Policy
c) Exercising Control over all Banks in India
d) Lending Money to Exporters
Ans d
15) The Governor of RBI is
a) D. Subbarao
b) V.P.Shetty
c) S.K Kain
d) A.K.Suri
Ans a
16) In India one Rupee Coins and Notes and Subsidiary
a) State Bank of India
b) Central Govt.
c) Reserve Bank of India
d) Unit trust Bank of India
Ans c
17) Prime Cost is equal to
a) Variable Cost plus Fixed Cost
b) Variable Cost only
c) Fixed Cost only
d) Variable Cost plus Administrative Cost
Ans b
18) What is a Scheduled Bank
a) A bank having Rs 1000 Crore Deposits
b) A Bank included in the Second Schedule of the RBI.
c) A Bank having Rs 100 Crore Deposits
d) A Bank having Branches all over India
Ans b
19) In Economics the Law of Demand means
a) When Demand Rises Price Falls.
b) When Price rises, Demand Falls
c) No relationship of demand with prices.
d) None of These
Ans c
20) Macro Economics is Based on
a) Gross domestic Product
b) Net Domestic Product
c) National Income Concept only
d) External Source.
Ans b
21) The World Economic outlook( WEO ) is Published by
a) White House
b) IMF
c) UNO
d) World Economic
Ans b
22) Bank Deposits that can be withdrawn without notice are called
a) Variable Deposits
b) Demand Deposits
c) Fixed Deposits
d) Account Payable Deposits
Ans b
23) India's Largest Nationalized Commercial Bank is
a) State Bank of India
b) ICICI Bank
c) IDBI Bank
d) P.N.B
Ans a
24) The Apex Bank for Rural Credit is
a) Rural Regional Bank
b) NAFED
c) NABARD
d) RBI
Ans c
25) Highest no of Kisan Credit Cards were issued by
a) Commercial Banks
b) Cooperative Bank
c) Regional Rural Bank
d) State Land Development Banks
Ans b
26) The Five Rupee Coin of India is
a) Minted at Nagpur
b) Minted at Indore
c) Minted in London
d) Minted in N.York
Ans c
27) The Reserve Bank of India Issues
a) all the Currency notes except the hundred rupee note.
b) all the Currency Note
c) only Notes of Rs 10 and above
d) all the Currency notes except the one rupee note
Ans a
28) Which Among the Following is the Full from of FDI in Indian Economics
a) Foreign Depository Investors
b) Foreign Departmental Investors
c) Foreign Direct Investment
d) Foreign Development Investment
Ans c
29) IDBI is a
a) Industrial Unit
b) Educational Institution
c) Bank
d) Construction Company
Ans c
30) The Full Form of ICICI Bank is
a) Institutional Credit and infrastructure Corporation of India.
b) Industrial Commerce and Investment Corporation of India
c) Infrastructure credit and Industrial Corporation of India
d) Industrial Credit and Investment Corporation of India
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