Dear Readers,
1-Which of the following describes the term 'legal tender?
(1) Any object legally used as money in a country
(2) Money that cannot legally be refused in discharge of a debt
(3) Bank notes where they are in legal circulation
(4) Notes or coins other than the counterfeited ones
(5) None of these
2-What is the share of sponsor bank in the capital of RRB ?
(1) 35%
(2) 49%
(3) 51%
(4) 71%
(5) None of these
3-The word NELP is associated with _____
(1) Discovery of Oil & Natural Gas
(2) National Highway extension
(3) Communication
(4) Space research
(5) Power sector
4-What is the base year for WPI (Whole Sale Price Index) ?
(1) 2004-05
(2) 2003-04
(3) 2002-03
(4) 2005-06
(5) None of these
5-RBI increases Repo Rate to control which economic situation of economy ?
(1) Deflation
(2) Inflation
(3) Recession
(4) Stagflation
(5) None of these
6-A limited company is ________
(1) In which shareholders possess the ownership limited to their paid up capital
(2) In which shares are issued
(3) A company of Govt. ownership
(4) A registered company
(5) None of these
7-What is the objective of Kisan call centre ?
(1) To ensure the supply of fertilizer to farmers on suitable rates
(2) Distribution of HYV seeds
(3) To provide agriculture credit at concessional rate
(4) To provide consultancy service related to agriculture
(5) None of these
8-Moral Suasion is -------
(1) A term descriptive of corrupt practices of many banks
(2) A term applied to banks that are conservative in their banking practices
(3) Persuasion of banks to adhere to central bank desires
(4) It denotes conduct or character that is bad and vice
(5) None of these
9-Which of the following rates is not determined by RBI ?
(1) Bank Rate
(2) CRR
(3) SCR
(4) PLR
(5) MSF
10-Which of the following were called the Presidency Bank ?
(A) Bank of Bengal , Bank of Madras, Bank of India.
(B) Bank of Bengal , Bank of Bombay, Bank of Madras
(C) State Bank of India, Punjab National Bank, Allahabad Bank
(1) Only A
(2) Only B
(3) Only C
(4) Both A & B
(5) Only A & C
Answers:-
1. (2)
2. (1)
3. (1)
4. (1)
5. (2)
6. (1)
7. (4)
8. (3)
9. (4)
10. (2)
1. (2)
2. (1)
3. (1)
4. (1)
5. (2)
6. (1)
7. (4)
8. (3)
9. (4)
10. (2)
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MAHENDRA GURU