Quiz 330- For Banking Examinations- Finance Business & Economy Knowledge

1.Which of the following company in India has largest CDMA network?
(A)Reliance Communications
(B)Tata Teleservices
(E)Bharti Airtel

2.As per the latest news reports we read in the newspapers, which among the following statement regarding BtBrinjal is true?
(A)Commercial cultivation of Bt Brinjal has been postponed in India for next 2 years
(B)The government of India has put an indefinite moratorium on the commercial cultivation of Bt Brinjal
(C)The Government of India has decided to introduce BtBrinjal but some states have banned it
(D)There is still a debate going on BtBrinjal and Govt. yet has to show its cards
(E)None of the above statements is correct

Read Past Article : Story of BtBrinjal
3.Which among the following is not a key recommendation of Kirit Parikh Committee?
(A)De-control the petrol & diesel prices both at the refinery gate and at the retail level
(B)Hike in LPG price By Rs. 100 a cylinder & Kerosene by Rs. 6 a Letre
(C)Periodic Revision of LPG rates linked to income
(D)Remove additional excise duty on petrol cars and bring parity with levies on diesel
(E)Make Public Distribution More Effective by making use of UID/ smart cards so that LPG/kerosene reaches the needy.

4.As the January 31, 2010 deadline came to an end, all the key countries, including India, China, US and the European Union, have formally ‘associated’ themselves with the Copenhagen Accord and put on record the actions they intend to take to reduce greenhouse gas emissions. This is being taken as a first task towards a comprehensive global agreement on climate change in a summit coming up on 2010 at which of the following places?

5.While keeping a promise that India has made in the Copenhagen climate summit, that India will voluntarily endeavor to reduce its emissions intensity by about 20-25% by the year 2020 in comparison to 2005, India also clarified that emissions from the following should be excluded in calculations to assess the country’s emissions intensity?
(A)Household Sector
(B)Small Industries
(C)Village Enterprises
(D)Farm Sector
(E)all of above

6.Taking a benefit from a six year old law on postages, a firm of which of the following countries recently issued a postage stamp depicting Hindu deities like Sai Baba, Lord Venkateshwara, Lakshmi, Murugan, Vinayaka, Shiva-Parvathi and Sri Krishna?
(C)United States

7.Which of the following states of India was recently in news for having 4 Chief Ministers?

8.On February 4, 2010 the safeguard agreement with regard to civilian nuclear facilities between India and the International Atomic Energy Agency (IAEA) has come into force. As per the separation plan announced by Prime Minister Singh and President Bush on March 2, 2006, and further elaborated on May 11, 2006, what is the number of reactors up to which of India would place under inspection?

9.In context with securities market in India, the regulator SEBI has recently constituted a committee to review the role of market infrastructure institutions in the securities market, which shall review the ownership and governance structure of market infrastructure institutions in the context of their evolving role. Who among the following will head this committee?
(A)R N Malhotra
(B)S Venkitaramanan
(C)Bimal Jalan
(D)Y K Alagh
(E)Kaushik Basu

10.As per a latest survey conducted by the Economist Intelligence Unit (EIU) of livability that assesses living conditions in 140 global cities, which of the following city has been listed as world’s most livable city?
(C) Vancouver

11.In context with the employment programmes in India, which among the following was the first to mandate child-care facilities for women at work sites?
(A)Shahari Rojgar Yojna
(B)Swaran Jayanti gram Swarozgar Yojna
(C)National Rural Employment Guarantee Act
(D)Jawahar Rozgar Yojna
(E)None of them

12.Which among the following is not correctly matched? (Owners of media companies in India)
(A)Indu Jain – Bennett, Coleman & Co. Ltd
(B)Ajit Balakrishnan – SET
(C)Subhash Chandra – Essel group
(D)Narendra Mohan – Jagran
(E)Ronnie Screwvala – UTV Group

13.Who among the following is heading a committee constituted to select a technology to unify toll plazas across the country ?
(A)Nandan Nilekani
(B)M. Damodaran
(C)U. K. Sinha
(D)Vinod Rai
(E)None of them

14.India’s first Fast Breeder Reactor (FBR) for commercial nuclear energy generation in Kalpakkam has the following capacity in MWe (megawatt equivalent):
(A)200 MWe
(B)220 MWe
(C)440 MWe
(D)500 MWe
(E)550 MWe

15.Recently we read in the newspapers that in India , we have 6 lakh villages, 100% financial inclusion and a bank branch at every small village is a distant dream . Yet having a Banking Correspondent (BC) network that, in turn, will largely operate through a mobile phone network, can help the country to reach the target more conveniently. Which among the following best justifies this reason?
(A)The Banking Correspondent network will take a very less time to reach each and every village of the country.
(B)The Mobile component of Banking Correspondent helps the banks to reach out far distant area
(C)To maintain a Bank Branch at each and every village is not possible for Banks because of lesser business and more costs associated with running of banks
(D)Banking Correspondent model will give jobs to existing people in the rural economy such as Kirana stores and others which shall boost their income
(E)The Govt. wants the Banks to reach every nook and corner of the country so Banking Correspondent model seems to be more viable model at this time

16.Recently International Monetary Fund has suggested that India should begin fiscal consolidation with the next budget as the deficit of the country has entered into the double digits. Which among the following reasons best justifies the increased fiscal deficit of the country?
(A)The fiscal deficit of the country has increased mainly because of the expenditures of the government on NREGA and other rural employment generation programmes
(B)The fiscal deficit of the country has largely increased on account of Global Financial Recession as the fiscal deficit of Most countries widens during a recession period
(C)The fiscal deficit of the country has largely increased due to the stimulus measures taken by the government to revive the economy during a recession hit times.
(D)The Fiscal Deficit is widening because of India’s exports decreasing for last few years and import increasing mainly of food items
(E)India has always been advised by IMF regarding the fiscal deficit , however India has no such serious problems

17.Recently we have seen that prices of the food products particularly sugar, vegetables and pulses has increased more than double in last one year. Among the pulses, India has a sufficient stock of which of the following to sustain enhancement of consumption and Govt. has instructed the agencies like NAFED and NCCF to encourage the consumption?
(A)Soya bean
(B)Yellow Pea
(C)Chick Pea
(E)Black Gram

18.In context with the next generation communication technology, India forayed into the 3G Mobile arena with the launch of 3G enabled Mobile services in 2008. Which among the following company was the first to launch this service in India?
(C)Reliance Communication
(D)Bharti Airtel
(E)Tata Teleservices

19.At present, there are three categories of NBFCs (Non Banking Financial Companies ) in India. Asset finance companies, loan finance companies and investment companies. All these have to maintain a minimum capital adequacy ratio of 12 per cent. In a recent decision by RBI, the infrastructure finance companies (IFC) have also been included in the NBFCs. What has been kept the minimum capital adequacy ratio for these newly included NBFCs?

20.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
(E)N Group

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  • sudhir

    answer to 3rd question should be d because i think govt is reducing subsidy on diesel cars by Rs80000

  • shaina

    gr8….u r doing a lt 4 us….sir, plz prvd us a nt on kirti parikh committee report….

  • Admin

    Kirit Parikh Committee

  • Anonymous

    how can it possibe four cm in one state? haha..
    but its true yaar. a bad joke in the name of democratic.. haha

    [email protected]

  • Anonymous

    please post more quizzes on Computer awareness and descriptive questions (precis, essay)

  • Anonymous

    ThankU Sir! Excellent stuff. Really appreciable.

  • dtaring321

    nice info.