Quiz 323: General Studies for PCS Exams.
January 31, 2010 June 12, 2019
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
Show Answer
Correct Answer: B [Negotiated Dealing System]
2. 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
Show Answer
Correct Answer: B [INFINET]
Notes:
Reserve Bank of India (RBI) is introducing a VSAT (very small aperture terminal) based communication system with Hyderabad as the hub. VSATs allow branches to establish wireless connectivity with their bank’s core banking solution platform. The RBI’s INFINET is a Closed User Group (CUG) network for the Indian banking and financial sector. INFINET is primarily a VSAT and leased line based network.
3. 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
Show Answer
Correct Answer: C [Leverage]
4. Which of the following sectors is regulated by IRDA ?
[A] Insurance
[B] Industry
[C] Finance
[D] Investment
Show Answer
Correct Answer: A [Insurance]
Notes:
The Insurance Regulatory and Development Authority of India (IRDAI) is the national agency of Government of India (GoI) for the Indian insurance industry. It is the regulatory body established under the Insurance Regulatory and Development Authority Act, 1999 and reports to Ministry of finance. Its headquarters is in Hyderabad, Telangana.
5. 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
Show Answer
Correct Answer: B [Y V Reddy Committee]
6. 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
Show Answer
Correct Answer: A [minimum capital requirements]
7. Recommendations of first Finance Commission covered which of the following periods?
[A] 1951-56
[B] 1952-57
[C] 1953-58
[D] 1954-59
Show Answer
Correct Answer: B [1952-57]
Notes:
The First Finance Commission was constituted under the chairmanship of Shri K.C. Neogy on 6th April, 1952. It covered the recommendations for the period 1952-57.
8. Which among the following is the upper limit of sound advice of Central Pollution Control Board (CPCB) for residential areas?
[A] 55 Decibels
[B] 60 Decibels
[C] 75 Decibels
[D] 90 Decibels
Show Answer
Correct Answer: A [55 Decibels]
Notes:
Central Pollution Control Board (CPCB) has declared the permissible noise level in India for different areas. In industrial areas, it is 75 dB (daytime) and 70 dB (night). In commercial areas, it is 65 dB and 55 dB respectively and in residential areas it is 55 dB and 45 dB.
9. Which of the following measures of money supply is called aggregate monetary resources ?
Show Answer
10. 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
Show Answer
Correct Answer: C [Security Holdings]
Prabha
February 2, 2010 at 1:22 amthanku sir
deepak
February 25, 2010 at 12:08 pmSir,
I would like to say that upsc general studies will be having more questions on "quotations said by whom" format for general modern history. could you please organise a separate test or give us important of such?
Deepak