General Awareness Practice Series-7

1. In India, the RBI has mandated the banks to hold 24 per cent of their net demand and time liabilities (NDTL) in a liquid portfolio under the statutory liquidity ratio (SLR) regime. What are the benefits of this system?

1. Provides strength to Financial System
2. Increases flow of credit to productive sectors
3. Provides growth to Indian Economy
Which among the above is/ are correct?
[A]1 & 2
[B]2 & 3
[C]Only 1
[D]1, 2 & 3


2. Consider the following:
1. Coordination with international financial sector bodies
2. Focus on Financial Inclusion in the country
3. Make efforts towards Financial Literacy
Which among the above is / are the mandates of the newly created Financial Stability and Development Council (FSDC)?
[A]1 Only
[B]1 & 2
[C]1 & 3
[D]1, 2 & 3


3. Who among the following is the current president of the Editors Guild of India?
[A]Commi Kapoor
[B]Suresh Bafna
[C]T.N. Ninan
[D]Rajdeep Sardesai

4. If the Reserve Bank of India wants to block / hinder the Capital Outflows and contain the currency depreciation, which among the following would be the most possible action?
[A]Increase Interest Rates
[B]Decrease Interest Rates
[C]Purchase Government Bonds
[D]Decrease Statutory Liquidity Ratio


5. The power of the commercial banks to expand deposits through expanding their loans and advances is known as which among the following?
[A]Capital Expansion
[B]Credit Expansion
[C]Credit Control
[D]Credit Creation


6. Consider the following:
1. Short Term Funds
2. Medium Term Funds
3. Long Term Funds
Which among the above is/ are dealt in the Indian Capital Market?
[A]1 & 2
[B]2 & 3
[C]1 & 3
[D]1, 2 & 3



7. To obtain scholarship under Shiksha Sahayog Yojana, which among the following conditions must be fulfilled:
1. The parent of the student must be covered under Janshree Bima Yojana
2. The student must be studying in 9 to 12th standards
3. The family must below BPL category
Choose the correct options:
[A]Only 1
[B]1 & 2
[C]1 & 3
[D]1, 2 & 3


8. Trade of which among the following commodities faced a worst shortage in Japan because of the radiation leaking from the crippled Fukushima Dai-Ichi power station?
[A]Green Tea
[B]Coffee
[C]Rice
[D]Wheat


9. Which among the following was the theme of the SAARCFINANCE Governors’ Symposium 2011 which was recently held in Kumarakom, Kerala?
[A]Financial Inclusion
[B]Money Laundering
[C]Financial Stability
[D]Sustainable Growth


10. The Financial Sector Assessment Program (FSAP) is a comprehensive and in-depth analysis of a country’s financial sector. This programme is conducted by which among the following?
[A]International Monetary Fund
[B]G-20
[C]World Economic Forum
[D]World Bank


11. The export promotion scheme “Focus: LAC” was launched to leverage the potential market in which among the following regions?
[A]South America
[B]South Africa
[C]Australia and Pacific
[D]Europe and CIS


12. The implementation of which among the following programmes is/ was based upon the concept of the Self Help Groups (SHGs)?
[A]National Rural Employment Guarantee Act
[B]Sampoorna Grameen Rozgar Yojna
[C]Swarna Jayanti Gram Swarozgar Yojna
[D]National Food for Work Programme


13. Which among the following scheme was redesigned and restructured into National Livelihood Mission (NRLM)?
[A]National Rural Employment Guarantee Scheme
[B]National Food for Work Programme
[C]Swarnjayanti Gram Swarojgar Yojana (SGSY)
[D]Jawahar Rozgar Yojana


14. The Mahatma Gandhi National Rural Employment Guarantee Act mandates at least what fraction of the beneficiaries to be women?
[A]25%
[B]30%
[C]40%
[D]50%


15. The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called?
[A]FDI
[B]Portfolio Investment
[C]NRI Investment
[D]Foreign Indirect Investment


16.who is author of the book 'development as freedom '
A. M. s swaminathan
B. c. Rangarajan
C. Amartya sen
D.manmohan singh
E . Y. V reddy


17.booker prize is given for contribution in the field of.....?
A.cinema
B.physics
C. Sports
D.politics
E.none


18.what is function of RADAR ?
A. Detecting sound waves
B. Detecting direction
c. Detecting range and direction
d . none


19.Which of the following organizations decided to provide grades to the merchant bankers so that they can track the market and ensure that only good issues arrive in the market ?
1.RBI
2.SEBI
3.AMFI
4.Registrar of companies


20.The Food and Agriculture Organisation (FAO) is a wing/agency of the _
(a) World Bank
(b) United Nations Organisation
(c) Asian Development Bank
(d) Ministry of Agriculture Government of India
(e) None of these