Which of the following companies/commissions of Indian origin signed a pact for obtaining oil blocks in Libya?

Which of the following companies of Indian origin became the first Indian Company to launch financial services to retail investors in China?

Tata Motors had signed a long term partnership agreement with which of the following auto companies?

As reported in the major financial newspapers the Federal Reserve has made certain changes/corrections in its base federal funds rates.This act of the Federal Reserve will bring an effect directly and immediately on the banks located in

Which of the following stock exchanges has decided to pick up 5% stake in Multi Commodity Exchange of India?

Many times we read in financial newspapers/magazines about 'Share Swap' done by big corporates. What is 'Share Swap'?

1. A business take over in which acquiring company uses its own stock to pay for the acquired company
2. When a company uses its own shares to get some short term loan for working capital requirement, it is known as share swap
3. When companies are required to float a new issue to earn capital for their expansion programmes, each share holder gets some additional preferential shares. The process of the allotment of preferential share is known as Share swap

On the basis of the study done by the Govt. of India, various states were divided into two groups 'Low Poverty States', 'High Poverty States'. Which of the following is not a low poverty state?

Which of the following is the name of the asset reconstruction company created by various banks in India?

Which of the following countries has the largest cheques truncation facility in Asia?

As we all know Govt. of India is very keen to provide banking services to Agriculture and Rural sectors. The panel set up for the same has suggested to open how many branches by each commercial bank to bring all 5·5 crore poors in the service net?

India does not have a single branch/office of any one of its banks in which of the following countries?

Which of the following statement(s) is/are true about the Union Budget 2008-09?

1. No change in corporate income tax rates
2. Short Term Capital gain tax increase to 25%
3. Banking Cash transaction tax withdrawn w.e.f. April 1, 2009

Very often we read in various newspapers about the activities of the Money Market. What are the main activities of the Money Market?

1. It provides short term funds to the Government and public sector organizations.
2. Businessmen and others get short term funds to meet their day-to-day needs of the working capital.
3. Money market is nothing but another name of the forex market. Only Foreign currencies are purchased and sold there.

Many times we read in news-papers about Micro Finance. Today micro finance is the most preferred route to meet the credit requirements of which of the following sections of the society?

Many times we read in financial newspapers/magazines that Govt. is making special efforts to bring stability in Indian economy. By this what goals is Govt. of India trying to achieve?

1. Avoiding undesirable fluctuations in prices of the essential commodities.
2. To ensure a sustainable rapid rate of growth.
3. To ensure that people should have a gainful employment.

As we read in financial news-papers and economic journals/ magazines in financial sector a time comes when the banks cannot lend more; in fact they start recalling their old loans and also raise the rate of interest. What message does it give to the business community?

1. This creates an atmosphere where corporates impatiently start reducing their inventory holdings and cancel the unexecuted orders pending with the manufacturers.
2. Manufacturers start curtailing their scale of operations and start turning workers out of employment.
3. Workers also start curtailing their spending and the demand of the commodities goods/services get reduced as people buy less.

Every time RBI reviews its monetary and credit policy or make certain corrections/adjustments in it, banks also normally revise their interest rates either upwardly or downwards. What impact do the interest rates put on overall economy if they are reduced little bit?

1. It will bring down the interest burden of the corporates.
2. The cost of the capital is also reduced.
3. It will stimulate industrial growth and investment.

Many times we read about the 'Prime Lending rate' charged by the banks. What is the meaning of Prime Lending rate?

1. The rate at which banks normally give loan to their most favoured customers.
2. The rate at which banks get money from the RBI.
3. The rate which is paid normally by the banks on their fixed deposits kept with them for a period of five years or above.

Many times we read in financial newspapers/magazines and journals that Govt. is making efforts to inculcate habit of saving amongst the people. What is the correct definition of 'saving'?

1. This is the difference between the total income of an individual after deduction of all taxes and dues levied by the Govt. authorities.
2. This is the difference between aggregate income and aggregate consumption by an individual.
3. This is the amount which every individual has to keep in his/her bank account as the minimum balance.

Banks have started many new delivery channels to make banking convenient for the customers. Which of the following is not a delivery channel adopted/developed by the banks?

As we know banks these days have launched many new services other than banking. Which of the following is/are new services being offered by the banks these days?

1. Bill payment services for utility services.
2. Bank assurance.
3. Franking of stamp papers for various agreements.

As we all know banking is going through rapid changes worldwide and India is also not an exception. Which of the following is/are the major phenomena which has/have prompted changes in scenario of Indian Banking?

1. Financial Sector Reforms
2. Globalization
3. Govt's move for financial inclusion

As per the reports published in the newspapers some cement companies based in North-East States have decided to curtail their production. Which of the following is/are the reasons for the same?

1. Govt. of India has decided to curtail benefits of excise exemption to the cement manufacturers in these areas.
2. Because of erratic power supply the production has gone down substantially. Companies are planning to shift their plant to other locations.
3. Due to recent improvement in educational facilities there, trained and skilled labourers are not available.

Some developed countries have suggested that in WTO negotiations process of determining 'Special Products' (SPs) should be made more transparent. In WTO terminology what are these special products?