Dear Readers,
1-The nature of convertibility of the Indian Economy is ______.
(1) Convertibility at capital account
(2) Convertibility at trade account
(3) Free Convertible
(4) Convertibility at current account
(5) None of these
2-What is the full form of LERMS ?
(1) Liberalised Exchange Rate Management System
(2) Long Elimination Reserve Management System
(3) Liberalised Extended Related Management Stock
(4) Linguistic Exchange Reserve Management Scenario
(5) None of these
3-Which of the following is the basic objective of R.B.I's monetary policy ?
(1) To control deficit in the balance of payment
(2) To control public expenditure
(3) To control deficit of the budget
(4) To control cost & availability of money
(5) None of these
4-Stagflation refers to ________.
(1) High inflation in periods of full employment
(2) High deflation in periods of high unemployment
(3) Deflation in periods of stagnant employment
(4) High inflation in periods of high unemployment
(5) None of these
5-Which of the follwoing measures is not taken by government to control inflation ?
(1) It increases the rate of taxes
(2) It increases cash reserve ratio
(3) It increases the imports
(4) It increases the public debt
(5) None of these
6-The object of introducing base rate by RBI is_____.
(A) Enhancing transparency in lending rates of banks
(B) Enabling better assessment of transmission of monetary policy
(C) Keeping interest rates low
(1) A and B
(2) Only C
(3) Only B
(4) All of above
(5) None of these
7-Which of the following defines Commercial Papers?
(1) Long term debt issued by private corporations.
(2) Short-term and unsecured promissory notes issued by corporations with-very high credit standings.
(3) Savings instrument, in which funds must remain on deposit for a specified period, and premature withdrawals incur interest penalties.
(4) 1 and 3
(5) None of these
8-Which of the following bill is regarding timely delivery of information & documents like birth & death certificates & revenue records to people & empowering them to file complaints against delays?
(1) Jan Lokpal Bill
(2) Janhit Guarantee Bill
(3) Right to Education
(4) Jansewa Guarantee Bill
(5) None of these
9-Which of the following terms is not related with banking/finance?
निम्नलिखित में से कौन सा शब्द बैंकिंग/वित्त से संबंधित नहीं है?
(1) Call Option
(2) Coupon
(3) Stock Splits
(4) Ablation
(5) None of these
10-What is the maturity period of Treasury Bills issued by Government of India?
(1) 14 days and 84 days
(2) 182 days and 364 days
(3) 18 days and 36 days
(4) 91, 182 & 364 days
(5) None of these
Answer-
1. 2
2. 3
3. 5
4. 1
5.2
6. 4
7. 3
8. 3
9. 3
10. 2
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MAHENDRA GURU