Q.1. Wage Spiral is a concept related to which of the following?
[A] Demand Pull Inflation
[B] Cost Push Inflation
[C] Deflation
[D] Disinflation
Answer: B [Cost Push Inflation]
Q.2. Which among the following is a suitable term for the state of economy in which economic activity is slowing down but wages and prices continue to rise ?
[A] Inflation
[B] Deflation
[C] Skweflation
[D] Stagflation
Q.3. Which organization maintains buffer stock in India?
[A] FCI
[B] IFFC
[C] FICCI
[D] IBC
Q.4. Which state has the least literacy rate under census 2011?
[A] Odisha
[B] Bihar
[C] Jharkhand
[D] West Bengal
Q.5. Which country is called the financial capital of the world?
[A] United States
[B] Switzerland
[C] Russia
[D] China
Q.6. Which of the following commodities are directly affected by the fluctuations in international rates of the crude oil ?
[A] Edible Oils
[B] Cereals
[C] Gold & Silver
[D] Consumer nondurable
Q.7. Consider the following:
- Minor Irrigation Scheme: CCA less than 2000 Hectares
- Medium Irrigation Scheme : CCA more than 2000 Hectares but less than 10000 Hectares
- Major Irrigation Scheme : CCA more than 10000 Hectares
Which among the above statements is / are correct?
[A] Only 1 and 2 are correct
[B] Only 2 and 3 are correct
[C] all are correct
[D] all are incorrect
Q.8. How many edible oil seeds are produced in India?
[A] 7
[B] 6
[C] 9
[D] 8
Q.9. Which Indian city is known as the healthcare capital of India?
[A] Chennai
[B] Mumbai
[C] Hyderbad
[D] Pune
Q.10. Which among the following is an instrument of Liquid Adjustment facility?
- Repo Rate
- Reverse Repo Rate
- MCLR
Choose the correct option from the choices given below:
[A] 1,2 and 3
[B] 1 and 2 only
[C] 3 only
[D] 1 and 3 only
Q.11. In which of the following years 6 banks were nationalized?
[A] 1969
[B] 1975
[C] 1980
[D] 1991
Q.12. A Bank opened in Special Economic Zones in India comes under which among the following ?
[A] International Banking
[B] Domestic Banking
[C] Offshore Banking
[D] National banking
Answer: C [Offshore Banking]
Q.13. How much rubber demand is met by imports?
[A] 10%
[B] 5%
[C] 15%
[D] 25%
Q.14. What is the share of IT-ITeS sector in the global outsourcing market?
[A] 50%
[B] 56%
[C] 40%
[D] 60%
Q.15. What is the other name for Reserve Money?
[A] High Money
[B] Monetary Base
[C] Monetary money
[D] Low power Money
Q.16. Normally which of the following date of a month is observed as Customer day in Indian Banks on which the branch heads / officials are available to hear and redress customer grievances?
[A] 7th
[B] 10th
[C] 15th
[D] 20th
Answer: C [15th]
Q.17. Which among the following represents a fall in the prices?
- Stagflation
- Disinflation
- Deflation
Select the correct option from the codes given below:
[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 3
[D] Only 2
Q.18. What is the processing level of the Indian Poultry Industry?
[A] 10%
[B] 20%
[C] 6%
[D] 21%
Q.19. What is the FDI allowed in IT-ITeS sector by the Government of India?
[A] 75%
[B] 100%
[C] 51%
[D] 49%
Q.20. On Which day of the week are the T-bills auctioned in India?
[A] Monday
[B] Wednesday
[C] Friday
[D] Saturday
Q.21. In context with banking in India, March 16, 1949 is a date which marks:
[A] Establishment of RBI
[B] Nationalization of RBI
[C] Banking Regulation act coming in Force
[D] Nationalization of Banks
Answer: C [Banking Regulation act coming in Force]
Q.22. Which of the following is / are correct statements with respect to the Saubhagya scheme?
- Its primary aim is to achieve universal household electrification
- The implementation agency for this scheme is Rural Electrification Corp.
- The scheme is 100% funded by Central Government
Which of the above statements is/are correct?
[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3
Q.23. Which is the largest shrimp exporting nation?
[A] Vietnam
[B] India
[C] USA
[D] China
Q.24. Which among the following have experienced highest growth rate in the IT and ITeS sector?
[A] IT services
[B] BPM
[C] Software and Engineering services
[D] None
Q.25. What is the minimum maturity term for commercial term?
[A] 7 days
[B] 14 days
[C] 1 month
[D] 91 days