GK for Bank PO & Bank Clerical Recruitment Tests

21. Which of the following Presidents of United States is known for creating “President’s Organization for Unemployment Relief” in the decade of thirties for victims of Great Depression?
[A]Franklin D. Roosevelt
[B]Herbert Hoover
[C]Calvin Coolidge
[D]Harry S. Truman

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22. In context with the macroeconomics , Philips Curve is a relationship between the rates of ___?
[A]Unemployment & Exim trade
[B]Unemployment and Inflation
[C]Unemployment and Demand
[D]Unemployment and Poverty

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23. Many a times, we hear about a term known as “Cross Selling”. Which among the following is an example of Cross selling?
[A]A sales person suggests a product or service to a person who lives in neighbourhood of one of the clients
[B]A sales person suggests a premium brand of whisky, when the customer is buying a local made liquor
[C]A person suggests a new product or service to an old client of the company
[D]A person sales an extensive annual maintenance contract when the customer buys a product.

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24. In context with the Basel II guidelines , which among the following is true regarding the guidelines of the Reserve bank of India issued in 2007 for implementation for foreign banks operating in India and Indian banks having presence outside India?
[A]Standardized approach for credit risk and basic indicator approach for operational risk
[B]Standardized approach for operational risk and basic indicator approach for credit risk
[C]Standardized approach for both credit risk & operational risk
[D]Basic indicator approach for both credit risk & operational risk

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25. What exactly we mean by the term “Liquidity Risk”, a term which appears frequently in the financial newspapers?
[A]Risk arising from funding of long term assets by short term liabilities or funding of short term assets by long term liabilities
[B]Risk arising from adverse movement of interest rates during a liquidity crunch in the markets
[C]Risk arising from the adverse movement of the value of the assets /investments etc.
[D]Risk arising from a party becoming defaulter

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26. In context with the BASEL II CRAR, which among the following is NOT a pillar?
[A]Minimum Capital Requirement
[B]Risk Management
[C]Supervisory review of capital adequacy
[D]Market discipline

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27. What do the stock markets of India deal in ___?
[A]Only short term securities
[B]Only Long term securities
[C]Both short term and long term securities
[D]Only secured bonds

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28. Many a times, we read in the newspapers about a term “Round Tripping”. In context with which among the following, we head this term?
[A]Capital Markets
[B]Foreign Direct Investments
[C]Cash Deposits
[D]Foreign Remittances

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29. Many a times we read in the newspapers about a term “dematerialization”. In context with the markets, what is dematerialization of securities?
[A]Shortening the time of debt repayment on securities
[B]Electric holding of the shares replacing the paper securities
[C]The price of a shares falling below certain point in the share market
[D]The buyback of shares by a company

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30. Which among the following is an example of the Arbitrage, a term frequently used in the financial circles?
[A]A firm of brokers purchases certain shares at BSE and sells the same number of shares at NSE to take advantage of minor difference in rates
[B]A firm of currency brokers purchases US dollars and sells the British Pounds with the same value
[C]A firm buys certain number shares of a company and sells similar number of shares of another company which is doing better in the market
[D]A firm buys certain currency today and undergoes a contract to sell the same currency after two months

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