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Banking Awareness (Practice Test)

Description: To improve their General Science.
Number of Questions: 25
Created by:
Tags: GK Indian Economy World WORLD India INDIA Constitution of India/ Politics Punch Lines Punch lines
Attempted 0/25 Correct 0 Score 0

The papers required for printing currency notes is manufactured at

  1. Hosangabad

  2. Nagpur

  3. Mathura

  4. Chennai


Correct Option: B

The methods of credit control used by RBI can be divided into

  1. Virtual and real

  2. Statutory and natural

  3. Quantitative and Qualitative

  4. Liberal and strict


Correct Option: C

Zero-based budgeting (ZBB) lays emphasis on

  1. Preparing new budget right from the search

  2. Preparing the budget neglecting factor of expenditure.

  3. Imposing heavy taxes

  4. Both (a) & (b)


Correct Option: D

The Headquarter of IMF is at

  1. Geneva

  2. Rome

  3. Washington DC

  4. Vienna


Correct Option: C

Legal Tender in India includes

  1. RBI issued notes

  2. Coins and Bank notes

  3. Notes issued by finance ministry

  4. Gold as well as notes


Correct Option: B

Indian Railway is

  1. A joint sector

  2. Department enterprise

  3. State Government enterprise

  4. None of the above


Correct Option: B

Which of the following are direct taxes?

  1. Entertainment tax

  2. Income tax

  3. Sales tax

  4. None of the above


Correct Option: B

Ad Val Orem means according to

  1. Value added price

  2. Sales

  3. Income tax rules

  4. Custom duty rules


Correct Option: A

All taxes come under

  1. Revenue receipts

  2. Capital receipts

  3. Debts

  4. Both (a) and (b)


Correct Option: A

What are gilt - edged securities?

  1. Securities issued by government

  2. Securities issued by private sectors

  3. Securities issued by joint sector

  4. Securities issued by multinational


Correct Option: A

Which among the following was a committee on tax reform?

  1. Sarkaria Committee

  2. Dr.Vijay L. Kelkar committee

  3. Balwant Mehta committee

  4. None of the above


Correct Option: B

Which among the following is always presented first in Lok Sabha and then in Rajya Sabha

  1. Money Bill

  2. Ordinary Bill

  3. Defense matters Bill

  4. Bill amending criminal Law


Correct Option: A

Which telephone system is substantially cheap?

  1. Cell phone

  2. Net telephone

  3. Wireless telephone

  4. Land phone


Correct Option: B

Which company uses the baseline the power of internet made simple?

  1. BSNL

  2. Spectra net

  3. Netscape

  4. Internet Explorer


Correct Option: A

The sustainable economic development increase in

  1. Growth of real total and per capital product

  2. Growth of real total and per capita product and level of literacy

  3. Growth of real total and per capita product taking account of cost of degradation and quality of environment

  4. None of the above


Correct Option: C

India' s deficit in balance of payment can be better described as

  1. Development deficits

  2. Sustenance Deficits

  3. Non productive deficits

  4. Consumptive deficits


Correct Option: A

Estimates of national income in India is prepared by

  1. Planning commission

  2. Ministry of finance

  3. Central statistical Organization

  4. Reserve Bank of India


Correct Option: C

What does SEBI stand for

  1. Securities and Exchange Board of India

  2. State Earnings bank of India

  3. State exchange banks of India

  4. Securities and Exchange bank of India


Correct Option: A

Bank rate is the rate

  1. at which RBI lends to the public

  2. at which government of India lends to other countries

  3. at which the RBI extends credit to commercial banks

  4. at which a bank lends to the public


Correct Option: C

A science for measuring customer life style is called

  1. Ergonomics

  2. Kinesics

  3. Psychographics

  4. Cognitive dissonance


Correct Option: C

Balance of trade includes

  1. Export and import of goods

  2. Export and import of services

  3. Export and import of known - how

  4. None of the above


Correct Option: A

A cheque which has been duly crossed

  1. Is encashed by payee only

  2. Can be credited in account only

  3. Is valid for indefinite time only

  4. Can be encashed across the counter


Correct Option: B

The words Bull and Bear are used in the

  1. Income tax department

  2. In the currency market

  3. In the stock exchange

  4. For sales


Correct Option: C

World economic forum meets annually at

  1. London

  2. New York

  3. Paris

  4. Davos


Correct Option: D

GATT came into existence in

  1. 1946

  2. 1948

  3. 1950

  4. 1986


Correct Option: B
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