Quiz 300: Financial & Economic Awareness for All Examinations

1.Since 1st April, 2008, the pension contributions of Central Government employees are being covered by the New Pension System (NPS). Which among the following was the first public sector entity to join NPS?
(A)Bharat Gold Mines Ltd
(B)Hindustan Zinc Ltd
(C)National Aluminum Company
(D)Bharat Heavy Electricals Ltd
(E)Indian Oil Corporation

2.A large private bank has a Capital Adequacy Ratio of 17.7 on December 27, 2009. Which among the following gives a correct picture of this bank?
(A)The bank has a healthy capitalization and strong market position
(B)The bank has weak capitalization and needs to improve the market position
(C)The bank has over capitalization
(D)CAR does not give any information regarding this
(E)The bank can not absorb a reasonable amount of loss

3.Recently State Bank of India decided to set up wind power plants for its captive consumption at various SBI offices and branches in three states of India. Which are these states?
(A)Maharastra , Gujarat, Kerala
(B)Maharastra, Gujarat, Karnataka
(C)Tamilnadu, Gujarat, Kerala
(D)Maharastra, Gujarat, Tamilnadu
(E)Maharastra, Rajasthan, Kerala

4.Which of the following company was the first private player in the field of Insurance Industry in India since 1999, when private players have been allowed to play in this field?
(E)None of them

5. As per the latest decision taken by Reserve Bank of India, what amount the customer can transfer per day through their mobile phones?
(A)Rs. 5000
(B)Rs. 10,000
(C)Rs. 15,000
(D)Rs. 50,000
(E)Rs. 25,000

6.Which of the following states in India is running its Employment Generation and Marketing Mission , a unique public private partnership venture that trains poor rural youth take up jobs, helping them earn between Rs 3,000 and Rs 10,000 a month?
(D)Andhra Pradesh
(E)Tamil Nadu

7.Ohm Laboratories is an American subsidiary of which of the following Pharma majors in India which was recently warned by US Food and Drug Administration for violating current good manufacturing practice norms?
(A)Cadila Healthcare
(B)Dr. Reddy’s Laboratories
(D)Sun Pharmaceutical
(E)None of them

8.Recently India’s cabinet decided to give the coveted status of Maharatna to mega PSU’s (Public Sector Undertakings). Consider the following statements in context with this:
1. The Government has stiff criteria of 3 years track record of the companies to select Maharatnas
2. 4 companies SAIL, ONGC , BHEL and NTPC have met this criteria
3. This status will provide them greater financial and operational autonomy
Which among the above statements are correct?
(A)all 1, 2, 3
(B)1 & 2 only
(C)2 & 3 only
(D)1 & 3 only
(E)3 only

9.Android operating system which is a mobile operating system running on the Linux kernel belongs to which of the following ?
(D)Android Inc.
(E)None of them

10.In context with banking business, the increasing trend in the Burden Bearing Ratio would show the following?
(A)More burden bearing capacity of the Bank
(B)Less burden bearing capacity of the bank
(C)gradual increase in the bad debts
(D)improvement in the business growth
(E)None of them

11.Which among the following clearly shows the core strength of a bank & denotes a Banks Margin of safety?
(A)Total Debt
(B)Operating Profits
(D)Gross Advances
(E)Working funds

12.By which of the following dates the member countries joining IMF were known as founding members? (India is one among them)
(A)31 December 1945
(B)31 December 1946
(C)31 December 1947
(D)31 December 1948
(E)31 December 1949

13.In which of the following organizations set up , the Keynes plan and White plan were incorporated?
(A)International Development Association
(B)International Monetary Fund
(C)International Finance Corporation
(D)World Bank
(E)World Economic Forum

14.Which of the following agencies started working under the aegis of Economic Commission for Asia and Far East?
(A)Asian Development Bank
(B)Asian Clearing Union
(C)Bank of International settlement
(D)International Fund for Agricultural Development
(E)None of them

15.Which among the following is considered as a pioneer of Credit Rating?
(A)J Moodys
(B)MIB Group, Inc.
(C)Fitch Group
(D)Duff & Phelps
(E)None of them

16.T.V. Mohandas Pai is related to which of the following companies?
(C)Mahindra & Mahindra
(E)None of them

17.Which among the following ports in India was recently in news in regard with the concerns over the diminishing navigability ?
(A)Paradip Port
(B)Kandla Port
(C)Haldia Port
(D)Mangalore Port
(E)None of them

18.Recently Indian Government released the first draft of the Foreign Direct Investment policy and framework in a consolidated form. How many notes on FDI policy and regulation have been consolidated to make this policy?

19.Which among the following agencies in India had started for the first time in India, a broad based equity index?
(E)None of them

20.In context with the credit market in India, which among the following is called Slack Season?
(A)November to March
(B)April to October
(C)July to February
(D)March to September
(E)None of them

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