SOCIO ECONOMIC DEVELOPMENTS MCQs

SOCIO ECONOMIC DEVELOPMENTS

1. A customer can approach banking ombudsman if he does not get satisfactory response to his grievance from the bank within how many days?
A) 5
B) 20
C) 30
D) 40
E) None

2. National Civil Services Day in India is observed on-
A) April 23
B) April 24
C) April 18
D) April 21
E) None

3. CAG was in the news recently due to 2G spectrum scam. It stands for
A) Commissioner and Auditor General
B) Comptroller and Auditor General
C) Chief Auditor General
D) Chairman and Auditor General
E) None of these

4. FPO stands for?
A) Follow-on public offer
B) First public offer
C) Free public offer
D) Frequent public offer
E) None of these

5. The structure of Basel II is based on how many pillars?
A) One
B) Two
C) Three
D) Four
E) None of these

6. The Monetary and Credit Policy is reviewed by RBI after a gap of
A) One month
B) Three months
C) Six months
D) One year
E) None of these

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Bank of Baroda Clerk Exam Paper 2011

SOCIO - ECONOMIC, BANKING AND COMPUTER AWARENESS

1. Which of the following nations is considered the originator of the concept of Micro Finance?
(1) Bangladesh
(2) India
(3) South Africa
(4) Greece
(5)Brazil

2. Which of the following is represented by the letter ‘L' in the abbreviation CAMELS, the rating system used in financial world ?
(1) Loans
(2) Leadership
(3) Liabilities
(4) Liquidity
(5) None of these

3. Repo rate is decided by which of the following organizations?
(1) SEBI
(2) AMFI
(3) All Banks
(4) RBI
(5) IMF

4. Many a times we read a term ‘PPP' in financial dailies/magazines. What is the full form of the same as used in financial world?
(1) Purchasing Power Parity
(2) Per captia Potential Purchases
(3) Public Per captia Power
(4) Present Purchasing Power
(5) Popular Public Preferences

5. The rate of interest on Term Deposits in Banks is stipulated by which of the following?
(1) RBI
(2) Government of India
(3) Indian Banks Association
(4) Banking Codes and Standards Board of India
(5) Individual Banks themselves

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