1) ‘Mission Fingerling’ is
relating to which revolution ?
a) White Revolution
b) Blue Revolution (
Fisheries)
c) Green Revolution
d) Yellow Revolution
Ans :b
2) Non – Performing Assets ( NPAs) of public
sector banks soared to how much as per Chairman, Public Accounts Committee
? ( Rs. In Lakh Crores)
a) 6.8
b) 2.5
c) 3.0
d) 2.9
Ans :a
3) Coming in support of
weak and non-performing public sector banks (PSBs), the Finance Ministry has
chalked out a turnaround-linked Rs.8,586 Cr. Capital infusion plan for 10 PSBs.
Which bank will highest amount ?
a) IDBI Bank
b) United Bank of India
c) Allahabad Bank
d) Bank of Maharastra
Ans :a
4) Who will be the next
Chairman of Public Accounts Committee
(PAC) ?
a) Mallikarjun Kharge
b)Amitabh Kanth
c) Sachin Tendulkar
d) Lata Mangeshkar
Ans :a
5) Under
Foreign Exchange Management Act, 1999 which remittances are prohibited ?
a) Remittance of income from racing/riding etc. or any
other hobby.
b)Remittance for purchase of lottery tickets, banned
/proscribed magazines, football pools, sweepstakes, etc.
c)Payment of commission on exports made towards equity
investment in Joint Ventures / Wholly Owned Subsidiaries abroad of Indian
companies. & participation in lottery
schemes
d) All the above
Ans : d
6) Fraudsters are seeking money from gullible
people, under different heads, such as_____________. The victims of the fraud
have also been persuaded to deposit the amount in accounts with banks in India,
and such amounts have been withdrawn immediately. Multiple accounts are being
opened in the name of individuals or proprietary concerns, at different bank
branches for collecting the transaction charges, etc. AD Category - I banks
must, therefore, exercise due caution and to be extra vigilant while opening or
allowing transactions in such accounts.
a) processing fees
b) transaction fees
c) tax clearance charges, conversion charges,
clearing fees, etc.
d) All the above
Ans : d
7) The index for eight core
industries registered 4.8 per cent growth in 2016-17 (April-January). Core
Sector comprises of which of the following ?
a) crude oil, natural gas, petroleum refinery
products,
b) coal, electricity,
c) cement, steel, and fertilizers
d) All the above
Ans : d
8) India’s external sector
position has been comfortable, with the CAD progressively contracting from US$
88.2 billion (4.8 per cent of GDP) in 2012-13 to US$ 22.2 billion (1.1 per cent
of GDP) in 2015-16. Expand CAD ?
a) Current Account Deficit
b) Capital Account Debt
c) Cash Account Debit
d) Clean Account Debit
Ans : a
9) Great Trigonometric Survey was
conducted in 1802. Computation of height
of Mount Everest was completed in which year by Survey of India. Survey of
India completed 250 years ?
a) 1849
b) 1947
c) 1954
d) 1948
Ans : a
10) An Udyami Mitra portal has
been set up to leverage IT architecture of Stand-Up Mitra portal which aims at
instilling ease of access to _________________
a) MSMEs’ financial and non-financial service needs
b) rural development
c) urban development
d) Self Help Groups
Ans : a
11) What is
Balance of Payments (BoP) ?
a) It is a
statistical statement that summarises economic transactions between residents
and non-residents during a specific time period.
b) payments made to hotels
c) payments made to drivers
d) payments made to bus owners
Ans :a
12) The BoP
includes which transactions ?
a) transactions in goods, services and income
between an economy and the rest of the world
b) changes of ownership and other changes in that
economy’s monetary gold, special drawing rights (SDRs), and financial claims on
and liabilities to the rest of the world
c) unrequited transfers
d) All the above
Ans :d
13) Who is a
Banking Ombudsman?
a) The Banking Ombudsman is a senior official appointed by the
Reserve Bank of India to redress customer complaints against deficiency in
certain banking services.
b) Business man
c) Lawyer
d) Minister
Ans :a
14) GST implementation challenges should be
addressed through a robust dispute resolution mechanism; with the goods and
services tax network (GSTN) expected to provide __________
a) the necessary information technology (IT)
infrastructure to all stakeholders.
b) money exchnage
c) bullion exchange
d) foreign exchange
Ans :a
15) What is RNR ?
a) Revenue Neutral Rate
b) “RNR refer to a single rate, which preserves revenue
at desired (current) levels
c) The RNR is different from the “Standard Rate” which is
defined as the rate applicable
d) on goods and services, taxation is not clearly stated.
Hence, it is. & All the above
Ans : d
16) The GST is a destination-based single tax on the
supply of goods and services from the manufacturer to the consumer and is
one indirect tax for the entire country.
GST will replace which of the
following multiple taxes ?
a) central value added tax (CENVAT),
b) central sales tax,
c) state sales tax
& octroi
d) All the above
Ans :d
17) What is Bharat Bill
Payment System (BBPS)?
a) Bharat Bill Payment System
(BBPS) is an integrated bill payment system which will offer interoperable bill
payment service to customers online as well as through a network of agents on
the ground
b) The system will provide multiple payment
modes and instant confirmation of payment.
c) Both (a) & (b)
d) It is a machine
Ans : c
18) What is Gross Value Added
(GVA) ?
a) Gross value added of a
sector is defined as the value of output less the value of its intermediate
inputs.
b) Value added created by a
sector is shared between labour compensation and capital compensation.
c) Both (a) & (b)
d) It is instalment amount
Ans : c
19) “Poverty anywhere is a threat to prosperity
everywhere”. Where it was declared ?
a) League of Nations
b) This was a very important
declaration by the International Labor Organization in their convention held at
Philadelphia in the year 1944, which had a very significant and remarkable
sentence.
c) United Nations
d) USSR
Ans : b
20) What is UPI?
a)Unified Payments
Interface (UPI). It is an instant payment system developed by the National
Payments Corporation of India (NPCI), an RBI regulated entity.
b) UPI is built over the
IMPS infrastructure and allows you to instantly transfer money between any two
parties' bank accounts
c) Both (a) and (b)
d) Internet chatting
Ans : c
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