1.In context with the RBI, NDS is an electronic platform for facilitating dealing in Government Securities and Money Market Instruments. What does NDS stand for__?
(A)National Depository System
(B)Negotiated Dealing System
(C)National Dealing System
(D)Negotiable Deals System
(E)None of them
2.In the Quarter 3 review of the monetary policy for Financial Year 2010 , the Reserve bank of India hiked the Cash Reserve Ratio (CRR) 75 BPS in two stages to 5.75%. Which among the following was the objective of RBI for this move?
(A)RBI wished to absorb excess liquidity from the market
(B)RBI wished to release more liquidity in the market
(C)RBI wished to support the economy struggling with financial downturn
(D)RBI wished to surprise the market by raising CRR rather than other rates
(E)RBI had earlier announced that Repo & Reverse Repo rates would not be altered
3.Approximately how much amount RBI intends to suck out of excess liquidity from the market by raising CRR?
(A)Rs 26,000 crore
(B)Rs 36,000 crore
(C)Rs 46,000 crore
(D)Rs 29,000 crore
(E)None of them
4.What was the rationalized attitude of the Reserve Bank of India while presenting the third quarter review of the monetary policy?
(A)Managing the Crisis
(B)Managing the Liquidity
(C)Managing the Interest rates
(D)Managing the Inflation
(E)Managing the Recovery
5.What is the latest RBI forecast for India's GDP growth for Financial Year 2010?
(A)6%
(B)6.5%
(C)7%
(D)7.5%
(E)7.9%
6.What is the latest WPI inflation projection for Financial Year 2010?
(A)6.5%
(B)7%
(C)8.5%
(D)8%
(E)9%
7.What is the name of reserve Bank of India's VSAT based communication system which is used for financial transaction between banks?
(A)FIB
(B)INFINET
(C)INFONET
(D)BANKNET
(E)SWIFT
8.In the current Business & economy conditions of the country, what will be the most probable impact on the interest rates after the Reserve Bank of India has hiked CRR rate in Q3 review of monetary policy?
(A)The interest rates may rise sharply and swiftly
(B)The interest rates may remain rise or fall
(C)The interest rates may fall swiftly
(D)The interest rates may rise but slowly
(E)There may be no impact on interest rates
9.As per the Macroeconomic & Monetary Developments report released on January 29, 2010, Indian Economy will grow by following rates?
(A)6%
(B)6.5%
(C)6.9%
(D)7.5%
(E)7.9%
10.Debt financing that can magnify the risk and reward for an investment are called as follows:
(A)Reward risk
(B)Derivative
(C)Leverage
(D)Investment strategy
(E)Margin
11.Which of the following sectors is regulated by IrDA ?
(A)Insurance
(B)Industry
(C)Finance
(D)Investment
(E)Internet
12.The monetary aggregates M1, M2 & M3 have been modified by Reserve Bank of India on the basis of recommendation of ___?
(A)Dave Panel
(B)Y V Reddy Committee
(C)V Vaghul Committee
(D)Narsimhamam Committee
(E)None of them
13.Which among the following is the first pillar of Basel II accord?
(A)minimum capital requirements
(B)supervisory review
(C)market discipline
(D)Regulatory arbitrage
(E)None of them
14.Many a times Govt. raises additional resources through taxation and allocation of expenditure as per its priorities. This is known as the following______?
(A)Economic Policy
(B)Budget Policy
(C)Monetary Policy
(D)Fiscal Policy
(E)Tax Policy
15.What period was covered in the recommendations of first Finance Commission ?
(A)1951-56
(B)1952-57
(C)1953-58
(D)1954-59
(E)1950-55
16.The bank employees are expected to be in the branched 15 minutes before the beginning of the customer service. Which of the following committee recommended this?
(A)Goiporia committee
(B)Rangrajan Committee
(C)Jilani Committee
(D)Tarapore Committee
(E)Talwar Committee
17.Which among the following is the upper limit of sound advice of Central Pollution Control Board (CPCB) for residential areas?
(A)50 Decibels
(B)55 Decibels
(C)60 Decibels
(D)65 Decibels
(E)70 Decibels
18.Which of the following measures of money supply is called aggregate monetary resources ?
(A)M1
(B)M2
(C)M3
(D)M4
(E)None of them
19.From the following bring out the one which is not a liability of a commercial bank?
(A)Time Deposits
(B)Borrowing from saving banks
(C)Security Holdings
(D)Demand deposits
(E)Saving accounts
20.Why Commercial banks are called creators of money?
(A)because they buy securities from the central government
(B)because the loans create deposits
(C)because they distribute the money in the system
(D)because they purchase investments
(E)because they invest money in securities & shares
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