MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Who amongst the following is the author of the book 'Economic Nightmare of India' ? |
| A. | Morarji Desai |
| B. | K. Rajeshwar Rao |
| C. | Charan Singh |
| D. | Jyoti Basu5)None of these |
| Answer» D. Jyoti Basu5)None of these | |
| 2. |
As per the targets for 11th plan educated unemployment is to be reduced to which of the following levels ? |
| A. | 5% |
| B. | 6% |
| C. | 7% |
| D. | 8%5)9% |
| Answer» B. 6% | |
| 3. |
'Long Walk' to Freedom' is a book written by- |
| A. | Sonia Gandhi |
| B. | L. K. Advani |
| C. | Nelson Mandela |
| D. | Benazir Bhutto5)Nawaz Sheriff |
| Answer» D. Benazir Bhutto5)Nawaz Sheriff | |
| 4. |
Which of the following countries is trying to launch a Satellite to study the sun ? |
| A. | USA |
| B. | India |
| C. | Russia |
| D. | China5)None of these |
| Answer» B. India | |
| 5. |
Jang Hyun Jong who was adjudged as the 'Asian Hockey Player of the year' is from- |
| A. | China |
| B. | Singapore |
| C. | South Korea |
| D. | India5)None of these |
| Answer» D. India5)None of these | |
| 6. |
Many economists, bankers and researchers in India often advocate that banks should equip themselves for new challenges. These challenges are in which of the following shapes/forms ?1. As Indian economy is getting increasingly integrated with the rest of the world the demand of the Corporate banking is likely to change in terms of size, composition of services and also the quality.2. The growing foreign trade in India will have to be financed by the local banks.3. Foreigners are habitual of the comforts provided by the technology. India has to do a lot in this reference. |
| A. | Only 1 is correct |
| B. | Only 2 is correct |
| C. | Only 3 is correct |
| D. | All 1, 2 and 3 are correct5)None of these |
| Answer» B. Only 2 is correct | |
| 7. |
Very often we read about the Doha Ministerial Conference 2001 in reference to WTO negotiations. What were the major issues over which nations were of different opinions ?1. Providing subsidy to agriculture.2. Export of patented drugs/medicines by developed nations.3. Restriction on natural movement of people from one nation to other. |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | Both 1 and 35)None of these |
| Answer» B. Only 2 | |
| 8. |
A National Development Fund was created by the Government of India a few years ago. What was the purpose of the fund ? 1. Boost investment in social sector projects to promote education, healthcare andemployment.2. Capital investments in selected profitable PSEs to yield adequate returns.3. To fund revision in pay structure of Central Government employees. |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | Both 1 and 25)None of these |
| Answer» B. Only 2 | |
| 9. |
The general elections took place in which of the following countries in March 2008 ? |
| A. | Iran |
| B. | Iraq |
| C. | Afghanistan |
| D. | Myanmar5)Sri Lanka |
| Answer» B. Iraq | |
| 10. |
Which of the following is the name of very violent and serious types of winds which bring lot of disaster ? |
| A. | Trade winds |
| B. | Hurricane |
| C. | Cirrus |
| D. | Stratus5)None of these |
| Answer» C. Cirrus | |
| 11. |
As per the performance assessment data released by the Economic Advisory Council (EAC) in January 2008. Which of the following sectors registered a growth of 3•6 per cent ? |
| A. | Agriculture Sector |
| B. | Banking Sector |
| C. | Tourism Sector |
| D. | Aviation Services Sector5)None of these |
| Answer» B. Banking Sector | |
| 12. |
As per the news published in some newspapers magazines two PSUs National Thermal Power Corporation and Coal India Ltd. are going to float a joint venture 'SPV'. What is the full form of 'SPV' ? |
| A. | Small Power Venture |
| B. | Special Purpose Vehicle |
| C. | Special Power Venture |
| D. | Small Purpose Vehicle5)None of these |
| Answer» C. Special Power Venture | |
| 13. |
Mr. Nicolas Sarkozy who was the chief guest during the Republic Day Function 2008 is the- |
| A. | President of Brazil |
| B. | Prime Minister of Brazil |
| C. | President of France |
| D. | Prime Minister of France5)Foreign Secretary of USA |
| Answer» D. Prime Minister of France5)Foreign Secretary of USA | |
| 14. |
The Planning Commission of India has set up a 12 member committee on financial sector reforms. Who is the Chairman of the Committee ? |
| A. | Janki Raman |
| B. | Raghuram Rajan |
| C. | Rakesh Mohan |
| D. | K. V. Kamath5)None of these |
| Answer» C. Rakesh Mohan | |
| 15. |
Indra K. Nooyi who was elected as the Chairperson of the US-India Business Council is the CEO of which of the following Companies ? |
| A. | Pepsi Co. |
| B. | Infosys |
| C. | Tata Consultancy Services |
| D. | NIIT5)None of these |
| Answer» B. Infosys | |
| 16. |
The government of India recently constituted the New Finance Commission (13th). What are its major functions ? To decide-1. The salary structure of the employees of the Central Government.2. The distribution of the net proceeds of taxes between states and Central Govt.3. Rate of Income Tax and other taxes collected by the Union Govt. |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | All 1, 2 and 35)None of these |
| Answer» C. Only 3 | |
| 17. |
Who amongst the following has taken over as the President of Serbia after the General elections held there in February 2008 ? |
| A. | Boris Tadic |
| B. | Tomislav Nicolic |
| C. | Samak Sundaravej |
| D. | Novak Djokovic5)None of these |
| Answer» B. Tomislav Nicolic | |
| 18. |
What is meant by 'Underwriting' the term frequently used in financial sector ? |
| A. | Under valuation of the assets |
| B. | The Act of taking on a risk for a fee |
| C. | Giving a Guarantee that a loan will not become a bad loan |
| D. | The act of permission to float an IPO5)None of these |
| Answer» B. The Act of taking on a risk for a fee | |
| 19. |
Basel-II norms are associated with which of the following aspects of the banking industry ? |
| A. | Risk management |
| B. | Manpower planning |
| C. | Retirement benefits for the employees |
| D. | Corporate Governance5)None of these |
| Answer» B. Manpower planning | |
| 20. |
As proposed in the Union Budget 2008-09 a 'Risk Capital Fund' is set up by the Govt. of India. Who amongst the following will maintain and operate that fund ? |
| A. | NABARD |
| B. | SIDBI |
| C. | ECGC |
| D. | RBI5)None of these |
| Answer» C. ECGC | |
| 21. |
The government of India has launched a new scheme for the 'Girl Child'. What is the name of the scheme ? |
| A. | Raj Lakshmi |
| B. | Rani Bitia |
| C. | Dhan Lakshmi |
| D. | Aanandita5)None of these |
| Answer» D. Aanandita5)None of these | |
| 22. |
As per the reports published in the newspapers the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India ?1. CARE 2. CRISIL3. ULIP |
| A. | Only 1 |
| B. | Only 2 |
| C. | 1 and 2 only |
| D. | Only 35)All 1, 2 and 3 |
| Answer» B. Only 2 | |
| 23. |
'Sub Prime Lending' is a term applied to the loans made to- |
| A. | Those borrowers who do not have a good credit history |
| B. | Those who wish to take loan against the mortgage of tangible assets |
| C. | Those who have a good credit history and are known to bank since 10 years |
| D. | Those borrowers who are most preferred customers of the Bank5)None of these |
| Answer» B. Those who wish to take loan against the mortgage of tangible assets | |
| 24. |
The President of India recently signed the much-awaited notification for the implementation of the suggestions made by the 'Delimitation Commission'.What will be the effect of this notification ? |
| A. | Parliamentary and Assembly constituencies will be redefined |
| B. | Candidates from SC/ST categories will get all benefits for another 15 years' time |
| C. | The boundaries of the National Capital, New Delhi will be extended further |
| D. | Operations of the Cooperative Banks and Societies will not be limited to the state of their origin. They will also be like Public Sector Banks5)None of these |
| Answer» B. Candidates from SC/ST categories will get all benefits for another 15 years' time | |
| 25. |
As we all know rise of the 'BRICs' has left a vast impact on almost all aspects of the global economy. However, which of the following cannot be called as the direct effect(s) of 'Rise of the BRICs' on global/other powerful economy/economies ?1- Countries like China wish to learn more about outsourcing from India.2- It has made countries to suffer from Sub-prime Crisis.3- EURO has become a powerful currency and many non-Euro countries are in 'Swap Agreement' with various nations. |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | All 1, 2 and 35)None of these |
| Answer» C. Only 3 | |
| 26. |
If x + 1/y = 1 and y + 1/z = 1, then z + 1/x is equal to : |
| A. | 2 |
| B. | 1/2 |
| C. | 1 |
| D. | 0 |
| Answer» D. 0 | |
| 27. |
Which of the following is not a major highlight of the Union Budget 2008-09 ?1. A target of Rs. 2.80 lakhs crore is fixed for providing credit to agriculture sector.2. Limit of the Banking Cash Transaction Tax is raised from present 1% to 1.5%.3. PAN requirement is not mandatory for financial transactions. Other Ids are also acceptable. |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | Both 2 and 35)All 1, 2 and 3 |
| Answer» B. Only 2 | |
| 28. |
As per the reports published in the newspapers/journals how much amount the Govt. of India is planning to infuse in Public Sector Banks to make them competitive and strong globally ?About- |
| A. | Rs. 10,000 crore |
| B. | Rs. 15,000 crore |
| C. | Rs. 20,000 crore |
| D. | Rs. 25,000 crore5)Rs. 30,000 crore |
| Answer» D. Rs. 25,000 crore5)Rs. 30,000 crore | |
| 29. |
Which of the following term related with the game of Cricket ? |
| A. | Grand Slam |
| B. | Half Nelson |
| C. | Ashes |
| D. | Screen5)Love |
| Answer» D. Screen5)Love | |
| 30. |
50 persons can do a work in 12 days, working 6 h/day. 60 persons can do the same work in 8 days, working x h/day. The value of x is : |
| A. | 15 |
| B. | 7 (1/2) |
| C. | 5 (2/3) |
| D. | 5 |
| Answer» C. 5 (2/3) | |
| 31. |
If x = √3+√2 and y = √3 - √2, then the value of 8xy (x²+y²), is: |
| A. | 16√6 |
| B. | 32 |
| C. | 48√2 |
| D. | 80 |
| Answer» E. | |
| 32. |
Who amongst the following is the author ofAnimal Peoplewhich was adjudged as the Best Book of the Year? |
| A. | V.S.Naipaul |
| B. | Indra Sinha |
| C. | William Darlymple |
| D. | Bill Clinton5)John Banville |
| Answer» C. William Darlymple | |
| 33. |
Sudan recently cut its ralations with which of the following countries following an attack on Khartoum by a Darfur Rebel Group ? |
| A. | Chad |
| B. | Uganda |
| C. | Libya |
| D. | Lebanon5)None of these |
| Answer» B. Uganda | |
| 34. |
Which of the following is the abbreviated name of an autonomous organization under Ministry of Rural Development ? |
| A. | NIMI |
| B. | IGNOU |
| C. | CAPART |
| D. | NPCIL5)ICRP |
| Answer» D. NPCIL5)ICRP | |
| 35. |
World's largest oil reserves (about 2/3rd) are located in ____ |
| A. | Russia |
| B. | Middle East |
| C. | Africa |
| D. | Europe5)Canada |
| Answer» C. Africa | |
| 36. |
Which of the following is NOT a measure of the Risk Management in Banks ? |
| A. | CRR |
| B. | RTGS |
| C. | SLR |
| D. | Deposit Insurance5)All are the measures of risk management |
| Answer» C. SLR | |
| 37. |
The duration of which of the following Policies / Schemes is from 2004-2009 ? |
| A. | Foreign Trade Policy |
| B. | 11th Five Year Plan |
| C. | 10th Five Year Plan |
| D. | National Rural Guarantee Act5)None of these |
| Answer» B. 11th Five Year Plan | |
| 38. |
Banking Sector will fall under which of the following sectors? |
| A. | Agriculture Sector |
| B. | Service Sector |
| C. | Manufacturing |
| D. | Industrial Sector5)None of these |
| Answer» C. Manufacturing | |
| 39. |
The foreign Direct Investment this year in India reached to the level of about US $ 3.74 billion. In comparison to last years investment the increase is About _______ |
| A. | 50 % |
| B. | 100% |
| C. | 125 % |
| D. | 200 %5)250 % |
| Answer» D. 200 %5)250 % | |
| 40. |
An account in which trading of shares in their electronic form is done is known as _____ |
| A. | Demat Account |
| B. | NRI Account |
| C. | NRIO Account |
| D. | Current Account5)None of these |
| Answer» B. NRI Account | |
| 41. |
Which of the following meets / summit was organized in Damascus in March 2008 ? |
| A. | Arab League Summit |
| B. | G-8 Summit |
| C. | G-15 Summit |
| D. | Meeting of trade Minister of WTO members5)None of these |
| Answer» B. G-8 Summit | |
| 42. |
As per the figures released recently, the rate of growth of agriculture during 2007-08 has been at the level of approximately ______ |
| A. | 2.5 % |
| B. | 3 % |
| C. | 4.5 % |
| D. | 5 %5)6.33 % |
| Answer» D. 5 %5)6.33 % | |
| 43. |
Michel Sleiman has taken over as the president of ____ |
| A. | Lebanon |
| B. | Cuba |
| C. | Yemen |
| D. | Zambia5)Turkey |
| Answer» B. Cuba | |
| 44. |
Ana Ivanovic won theFrench Open Women's Singlesof Lawn Tennis after defeating _______ |
| A. | Katrina Srebtnik |
| B. | Dinara Safina |
| C. | Virginia Ruano Pascual |
| D. | Victoria Azarenka5)None of these |
| Answer» C. Virginia Ruano Pascual | |
| 45. |
Which of the following is/are true about thePradhan Mantri Adarsh Gram Yojanato be launched in the near future ?(1) This scheme is to develop those villages where SC/ST population is in prominence(2) About 70,000 villages are identified for the same(3) A special fund of Rs.7,000 Crore is setup for the scheme |
| A. | Only 1 |
| B. | only 2 |
| C. | Only 3 |
| D. | All 1,2 u0026 35)None of these |
| Answer» B. only 2 | |
| 46. |
The import of which of the following has raised the Current Account Deficit of India by about 77 % ? |
| A. | Oil |
| B. | Gas |
| C. | Sugar |
| D. | Foodgrain5)None of these |
| Answer» B. Gas | |
| 47. |
The National e- Governance plan was launched by the Govt. of India in the year 2006 with which of the following intentions/objectives ?(1) To provide qualitative service of Govt. business to the citizens of India(2) To promote IT sector in India so that trained IT personnel do not go out of the country for jobs(3) To keep a vigil on the business transaction of Indian population to avoid illegal transactions |
| A. | Only 1 |
| B. | only 2 |
| C. | Only 3 |
| D. | All 1,2 u0026 35)None of these |
| Answer» B. only 2 | |
| 48. |
Which of the following countries had decided to come out of the membership of OPEC ? |
| A. | Iran |
| B. | Indonesia |
| C. | Kuwait |
| D. | Saudi Arabia5)None Of these |
| Answer» C. Kuwait | |
| 49. |
Many Banks have adopted / launchedCore Banking Solution (CBS).Core Banking Solution is _______ |
| A. | a marketing strategy adopted by the Banks |
| B. | a new type of ATM useful for rural population |
| C. | a delivery channel for quick and fast delivery |
| D. | a new product launched to help senior citizens only as they are not able to visit branches / ATMs frequently5)None of these |
| Answer» D. a new product launched to help senior citizens only as they are not able to visit branches / ATMs frequently5)None of these | |
| 50. |
Federal Reserves is the Central Bank of ___ |
| A. | Britain |
| B. | U.S.A. |
| C. | Japan |
| D. | Canada5)China |
| Answer» C. Japan | |