41. Which of the following agencies/organisations is responsible for compilation of data on
Industrial production in India?
a. Central Statistics Office
b. National Development Council
c. National Testing Lab
d. Department of Commerce, Gol
e. None of these
42. Which of the following will NOT be accepted by the bank as a valid proof of address for an
individual?
a. Telephone bill b. Bank account statement c. PAN Card
d. Letter from any recognized public authority
e. Electricity bill
43. When we opt for a loan, generally the bank offers to repay the amount in Equated Monthly
Instalments (EMIs). EMIs comprise
a. Only the principal b. Only the interest c. both principal and interest
d. Only interest for half the loan tenure and then both principal and interest
e. None of these
44. The shareholders approved the re-appointment of Rana Kapoor as managing director
and CEO of which of the following private sector banks operating in India recently?
a. YES Bank b. Federal Bank c. Axis Bank
d. Kotak Mahindra Bank e. None of these
45. The Prime Minister Narendra Modi described the bilateral relations between India and
which of the following countries as ‘B2B’ recently? The first ‘B’ stands for Bharat in the
. term B2B.
a. Bangladesh b. Bhutan c. Belarus d. Brazil e. None of these
46. We often read about performance of core sector in financial newspapers. While talking
about Core sector, which of the following is NOT considered?
a. Electricity b. Textiles c. Crude Oil d. Fertilizers e. Natural Gas
47. A statement that summarises an economy’s transactions with the rest of the world for a
specified time period, is called
a. Gross National Income b. Balance sheet c. Balance of trade
d. Balance of payments e. None of these
48. After suppression of Russia from the powerful G-8 group the 2014 summit scheduled to
be held in Sochi was cancelled. Thereafter G7 meeting was held on Jun 4-5 in which of
the following cities?
a. Frankfurt b. Rome c. Brussels d. Hague e. None of these
49. Which of the following is NOT non-tax revenue of the Govt of India?
a. Aid from the US b. Dividends and profits c. Loans or other borrowings
d. Revenue from sale of state assets e. Union excise duties
50. As we read in financial newspapers, services sector contribute greatly in the country’s
economy. Which of the following comes under services sector?
a. Construction b. Banking c. Mining d. Food processing e. None of these
51. Who among the following is one of the four deputy governors of the Reserve Bank of
India?
a. R Gandhi b. DK Mohanty c. P Vijaya Bhaskar
d. B Mahapatra e. G Padmanabhan
52. Expand the term TARC.
a. Trade Administration Reform Commission
b. Territorial Administration Reform Commission
c. Tiered Administration Reform Commission
d. Tax Administration Reform Commission
e. None of these
53. What does the term ‘SHG’ denote? It is the short form of a popular women empowerment
a. Shree Health Group b. Small Housing Group d. Street Hawkers’ Group
d. Self Help Group e. None of these
54. Which the following loans is NOT part of the loans to micro and small enterprises?
a. Loans for software development b. Loans to small business
c. Loans to small road transport operators d. All the above
e. None of these
55. India became a permanent member of Washington Accord (WA) recently. WA is an
International agreement with the charter of promoting mobility and quality assurance
of which of the following across international boundaries?
a. Engineers b. Doctors c. Nurses d. Software developers e. None of these
56. The delivery of financial services at affordable costs to sections of disadvantaged and low-
Income segments of society is known as
a. financial exclusion b. financial inclusion c. financial stability
d. poverty alleviation e. None of these
57. Star series banknotes refer to which of the following?
a. Currency notes with defective printing
b. Banknotes with an asterisk printed on them
c. Banknotes used to replace defectively printed banknotes
d. Banknotes used to replace old banknotes
e. None of these
58. Open Market Operation (OMOs) are among the measures taken by the RBI to control credit
expansion in the economy. OMOs mean
a. Auction of precious metals
b. Sale or purchase of short-or-long-term govt securities
c. Issuance of different types of bonds
d. Facilitating direct finance to borrowers
e. None of these
59. Which of the following pairs of international institutions and their heads is NOT correctly
matched?
a. World Bank – Jim Young Kim b. IMF – Christine Lagarde
c. ADB - Haruhiko Kuroda d. UN – Ban KI-moon e. None of these
60. Which of the following banks is NOT insured by the Deposit Insurance and Credit
Guarantee Corporation (DICGC)?
a. Branches of foreign banks functioning in India
b. Local area banks and regional rural banks
c. Primary cooperative societies
d. Private sectors banks
e. None of these
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