1. A major Public Sector Bank raised interest rates on loans by 25 basis points – was news in some major financial newspapers recently. This means the bank has raised interest by 25 basis points of
1) Savings Bank Interest Rate
2) Base Lending Rate
3) Repo Rates
4) Present Rates on Deposits
5) Discounted Rates of Interest
2. The Finance Minister of India in one of his press conferences said that inflationary pressure is likely to continue following recent increase in rates of some commodities in international markets. Which of the following commodities was he referring to as it gets frequent increase at international levels and disturbs our Home Economy substantially ?
1) Gold and Silver
2) Petroleum products
3) Tea and Coffee
4) Sugar
5) Jute and Jute products
3. Immediately prior to change in the measure of Food Inflation, which of the following indexes was being used for measuring it?
1) Wholesale Price Index
2) Consumer Price Index
3) Interest Rates offered by banks on deposits
4) Sensex and Nifty
5) None of these
4. What is the full form of ‘FINO’, a term we see frequently in financial newspapers?
1) Financial Investment Network and Operations
2) Farmers’ Investment in National Organisation
3) Farmers Inclusion News and Operations
4) Financial Inclusion Network and Operations
5) None of these
5. Which of the following is/are commodity/ies on which subsidy is given to farmers/poor in India?
(A) Fertilizer
(B) Kerosene
(C) LPG
1) Only (A)
2) Only (B)
3) Only (C)
4) Only (A) and (C)
5) All (A), (B) and (C)
6. Which amongst the following countries is NOT a member of the TAPI pipeline project, which was in news recently?
1) India
2) Afghanistan
3) Portugal
4) Pakistan
5) Turkmenistan
7. The International WWW Conference-2011 was organized in which of the following places in March 2011?
1) London
2) Paris
3) Vienna
4) Manila
5) Hyderabad
8. What does the letter ‘L’ denote in the term ‘LAF’ as referred every now and then in relation to monetary policy of the RBI?
1) Liquidity
2) Liability
3) Leveraged
4) Longitudinal
5) Linear
9. Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short-term securities as a reserve all the time. In Banking World this is known as
1) CRR
2) Fixed Asset
3) SLR
4) PLR
5) None of these
| Q. 1 (2) | Q. 2 (2) | Q. 3 (1) | Q. 4 (1) | Q. 5 (5) |
| Q. 6 (3) | Q. 7 (5) | Q. 8 (1) | Q. 9 (3) | Q. 10 () |
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