GK for Bank PO & Bank Clerical Recruitment Tests

31. The Reserve Bank of India provides the Ways and Means Advances to which among the following?
[A]Commercial Banks
[B]Regional Rural banks
[C]State Governments
[D]Authorized Dealers of Foreign Exchanges

Show Answer
32. Recently, the Kirit Parikh Committee was making news frequently. The recommendations of this committee are related to ?
[A]Decontrol of Petrol
[B]Decontrol of Sugar
[C]Minimum Support Prices
[D]Public Distribution System

Show Answer
33. In which of the following group the shares of those companies are kept which, don’t comply with the stock exchange listing agreement?
[A]X Group
[B]Y Group
[C]Z Group
[D]O Group

Show Answer
34. Recently, we read in the Economic Newspapers that Indian rupee has recorded the biggest drop since December at 1.3% to 54.49 per US dollar, making it the worst-performing currency in Asia this year.
In economic language, what is the correct term used for this drop in Indian Rupee?
[A]Devaluation
[B]Depreciation
[C]Deflation
[D]Depression

Show Answer
35. In context with the falling rupee, a leading newspapers wrote recently that “RBI has used up most of the available ammunition to prevent the rupee’s slide in the over-the counter market, but without much success“.
Which among the following steps was taken by RBI , that has been referred to available ammunition in this statement?
[A]RBI sold the foreign currency in market
[B]RBI purchased the foreign currency from market
[C]RBI purchased the stocks from various stock exchanges in India
[D]RBI Revaluated the Indian Rupee

Show Answer
36. A news headline in a leading Business daily mentions that Prime Minister Office (PMO) has proposed to create SPVs to Speed Up Infrastructure Projects.
Which among the following is a correct statement in context with an SPV here?
[A]SPV refers to the process of inviting tenders for large projects
[B]SPV refers to special entity or company created for a particular purpose or project
[C]SPV refers to an agreement between the Government and big corporate contractors
[D]SPV is a project which is completed in Public Private Partnership

Show Answer
37. We read in the newspapers that while doing the regulatory filing, social networking firm Facebook, which is primed for the biggest-ever share offering by an internet firm, has mentioned in its documents that “Users in _____, ____and ____represent key sources of our growth“.
The three countries mentioned in this statement as are follows:
[A]India, US, UK
[B]India, China, US
[C]India, US, Brazil
[D]India, US, UK

Show Answer
38. Who among the following is the writer of the bestseller of last decade “The World Is Flat: A Brief History of the Twenty-First Century“?
[A]Amartya Sen
[B]Thomas Friedman
[C]Eugene Robinson
[D]Connie Schultz

Show Answer
39. A news in a leading Business Newspaper mentions that “The nutraceuticals segment in India is expected to touch $5 billion by 2015, from $2 billion currently.“.
What are these nutraceuticals?
[A]Neutraceuticals are food or food product that reportedly provide health and medical benefits
[B]Neutraceuticals are protein and glycoprotein, present in barley and some other cereals
[C]Neutraceuticals are medicines derived from food products
[D]Neutraceuticals are Vitamin fortified cereals

Show Answer
40. There have been frequent news items in all the leading News Papers recently that there is a declining gas production from the Krishna Godavari basin — only gas-producing block of India. Which of the following company is producing gas over there?
[A]Oil and Natural Gas Corporation
[B]Hindustan Petroleum
[C]GAIL
[D]Reliance Industries

Show Answer