Q.1 What is used to manage cash flow in different currencies?
(1) Credit Crunch
(2) Arbitrage (3) Micro Credit
(4) Currency Swap
(5) None of these
Q.2 Which of the following is not an economic term?
(1) Break Even point
(2) Consumption (3) Fiscal Deficit
(4) Branding
(5) None of these
Q.3 What is the targeted growth rate for 2012-17 in the 12th Five Year Plan?
(1) 9-9.5%
(2) 10-11%
(4) 9.5-9.75%
(5) None of these
Q.4 Which of the following group is benefitted the most during inflation period ?
(1) Government Pensioners
(2) Creditors
(3) Saving account holders
(4) Debtors
(5) None of these
Q.5 Gilt - Edged market means-----.
(1) Bull Market (2) Gun Market
(3) Market of Government Securities (4) Market of Pure Metal
(5) None of these
Q.6 Eleventh Five Year Plan aimed at------.
(1) Eradication of poverty from India (2) India's Health
(3) India's Education. (4) Development of Rural India
(5) None of these
Q.7 Which among the following is India's oldest joint stock bank?
(1) Allahabad bank
(2) PNB
(3) SB1
(4) Bank of Maharashtra
(5) None of these
Q.8 By which of the following countries the concept of Micro Credit/Micro Finance used for the first time?
(1) Russia
(2) Bangladesh
(3) USA
(4) Japan
(5) None of these
Q.9 Many times we have read-about ULIP in newspapers, ULIP stands for
(1) United Loaded Investment Plan
(2) Universal Loan Investment Plan
(3) Unit Life Insurance Plan (4) Unit Linked Insurance Plan
(5) None of these
Q.10 Which of the following is not a fixed asset?
(1) Machinery
(2) Building (3) Goodwill
(4) Land
(5) None of these
Q.11 Prime Minister Rozgar Yojana is a self employment program for
(1) The rural women
(2) The urban poor
(3) The uneducated under employed youth (4) The educated unemployed youth
(5) None of these.
Q.12 Devaluation of currency results in
(1) Increased export and import
(2) Trade deficit
(3) Increased export and improvement in .balance of payment
(4) Increased import & foreign reserve deficiency
(5) None of these
Answers with Explanation:
1. (4) Currency swap is used to manage cash flow in different currencies.
2. (4) Branding is related with marketing.
3. (1) Targeted Growth rate is 945% in 12th Five year plan.
4. (4) Debtors is benefitted the most during inflation period.
5. (3) Gilt = Edged market means market of Government Securities.
6. (4) Eleventh Five Year Plan aim is Development of Rural India.
7. (1) The Allahabad Bank, established in 1865, is the oldest Joint stock bank in India.
8. (2) Micro credit is the extension of very small loans (micro loans) to those in poverty, designed to spur entrepreneurship.
9. (4) A unit-linked insurance plan (ULIP) is a type of life insurance where the cash value of a policy varies according to the current net asset value of the underlying investment assets.
10. (3) Goodwill is an intangible asset
11. (4) Prime Minister Rozgar Yojana for providing self employment to educated unemployed youth was announced by the Prime Minister on 15th August, 1993.
12. (3) Currency devaluation takes place when one country's currency reduced in value in comparison to other currencies.
