Quiz 103: Business & Economy Awareness for Bank PO Examinations

1. Which among the following organization publishes the Global Hunger Index?
[A]United Nations Development Programme
[B]World Food Programme
[C]International Food Policy Research Institute
[D]World Bank

2. As per a report published by World Bank (2005 estimates) , approximately what percentage of Indian Population lives below the new International line of Poverty?
[A] 30%
[B] 62%
[C] 42%
[D]47%

3. In India, the commercial banks are required to provide how much percentage of the their advances to priority sector?
[A] 15%
[B] 25%
[C] 35%
[D]40%

4. Recently , Olympus scandal was making news in context with which among the following countries?
[A]United States
[B]France
[C]Japan
[D]China

5. As per recommendations of the 13th Finance Commission, what will be the share of the state governments in total sharable proceeds of Central Taxes?
[A] 30.5%
[B] 20.5%
[C] 15.5%
[D]32%

6. Consider the following:
1. Eradicate extreme poverty and hunger
2. Develop a global partnership for development
3. Make World Nuclear Free
Which among the above come under UN Millennium Goals?
[A]1 & 2
[B]2 & 3
[C]1 & 3
[D]1, 2 & 3

7. All the foreign funds to come forward as Foreign Institutional Investments (FII) prior to any investment, are needed to register in which among the following bodies?
[A]RBI
[B]SEBI
[C]Department of Economic Affairs
[D]Both A & B

8. In which year First National Forest Policy issued by the Government of India?
[A] 1948
[B] 1952
[C] 1962
[D]1968

9. Consider the following:
1. Oil Palm
2. Rubber
3. Coffee
4. Tea
5. Sugarcane
Which among the above is/ are considered plantation crops in India for the purpose of agriculture policy?
[A]1 & 2
[B]1, 2 & 3
[C]1, 2, 3 & 4
[D]1, 2, 3, 4 & 5

10. The Darfur Humanitarian Crisis, which was making news recently, is related to which among the following countries?
[A] Uganda
[B] Somalia
[C] Sudan
[D]Angola

11. Robert Webster is known for his work associated with which among the following?
[A] Cardiology
[B] Influenza Virus
[C] HIV
[D]Cholera

12. .Laissez Faire is represented by which of the following economies?
[A] Free Enterprise Economy
[B] Government Controlled Economy
[C] Mixed Economy
[D]Socialist Economy

13. Who among the following gave the "Theory of 'Invisible hands' in Management ?
[A] Adam Smith
[B] Philip Kotler
[C] C K Prahald
[D]None of them

14. Where are the headquarters of Central Plantation Crops Research Institute?
[A] Kasaragod, Kerala
[B] Dehradun Uttrakhand
[C] Shillong, Meghalaya
[D]Coiambatore, Tamil Nadu

15. Which among the following is not the primary function of Commercial bank in India?
[A] Acceptance of Deposits
[B] Merchant Banking
[C] Advancing of Loans
[D]All of them are primary functions

16. Which among the following are referred often as "Factories of Credit " in India?
[A] NGOs
[B] Commercial Banks
[C] Corporate
[D]Cooperatives

17. Which among the following has recently become the principal growth driver for commercial banks recently ?
[A] Development banking
[B] Foreign Exchange
[C] Retail Banking
[D]Internet Banking

18. Which among the following countries is NOT a member of WTO?
[A]China
[B]North Korea
[C]Russia
[D]Kazakhstan

19. Which among the following is known as Treaty on European Union?
[A]Lisbon Treaty
[B]Paris Treaty
[C]Maastricht Treaty
[D]Treaty of Rome

20. Which among the following is NOT a derivative instrument in Capital Markets?
[A]Option
[B]Dividend
[C]Equity Swap
[D]Future