1. Which of the following is Not a direct tax?
a.
Corporation Tax b.
Income Tax
c. Wealth
Tax d. Service
Tax
ANSWER (D)
2. OBC is planning to open its first overseas branch at:-
a. China b. Dubai
c. America d.
Australia
3. What is the full form of ‘CORE’ in core banking services?
a. Channel of
Rupee Exchange
b. Customer
Online Realtime Exchange
c. Centralized Online Rupee Exchange
d. Centralized Online Realtime Exchange
ANSWER (D)
4. Which of the following is not an instrument of Money
Market?
a. Money
Funds b.
Share
c. Commercial
Paper d. None of
these
ANSWER (B)
5. ‘Open Market Operation’ is a part of
a. Income
Policy b.
Fiscal Policy
c. Credit Policy d. Labour Policy
ANSWER (C)
6. SDR, the currency
of the IMF, is in the form of:
a. Paper Currency b. Gold
c. Book Keeping
entry only d. None of these
ANSWER (C)
7.) Hindu rate of
growth refers to the rate of growth of
a. GDP
b. Population
c. Per capita
income d. None of
these
ANSWER (A)
8.) Which one of the
following is not an objective of fiscal policy of Indian Government?
a. Full
employment b.
Regulation of Inter-State trade
c. Price
stability
d. Equitable distribution of wealth and income
ANSWER (B)
9.) How many times
has financial emergency been declared in India?
a. 5
times
b. 4 times
c. one
time
d. Never
ANSWER (D)
10.) Which one of the following is not charged on the
Consolidated Fund of India?
a. Salary
and allowances of the President of India.
b. Salary
and allowances of Speaker of Lok Sabha.
c. Salary
and allowances of the Justices of Supreme Court of India.
d. Salary
and allowances of the Vice-President of India.
ANSWER (D)
11.) What would be the New Price Index that would measure
inflation?
a. PPI(2011) b.
CPI(2010)
c. WPI(2004-05) d. RTI
ANSWER (B)
12.) RBI was nationalized on:-
a. 1 July
1949
b. 26 jan 1951
c.1april
1935
d.1 jan. 1949
ANSWER (E)
13.) Narrow money is the term in monetary aggregates,which
is represented by…?
a. MI b. M2
c.M3 d.M4
ANSWER (A)
14.) What does letter ‘S’ stands for in’SEZ’?
a.Small
b.Simple
c.Special d.Share
ANSWER (C)
SEZ:SPECIAL ECONOMIC ZONE
15.) An offer by an
unlisted company for sale of its shares for the first time to the public is
called as:
a.Shares
b.IPO(Initial Public Offer
c.Derivatives d.
Futures
ANSWER (B)
