BANKING TERMS RELATED OBJECTIVE

Q. One amongst the following takes the decision about the monetary Policy of India-
1 Finance Minister of India
2 Reserve Bank of India
3 Prime Minister of India
4 International Monetary Fund
Ans: 2
Q. Centers located in Gujarat , Bengal, Deccan and Tamil Country during the Gupta period were associated with which of the following:
1 Textile Manufacture
2 Gems and precious stones
3 Handicrafts
4 Opium cultivation
Ans: 1
Q. During the first half of 2010-2011, which of the indirect tax registered the maximum growth?
1 Excise Duty
2 Custom Duty
3 Service tax
4 All show almost same growth
Ans: 2
Q. As on November 2,2010 which of the following key rate of RBI is the highest among all?
1 Repo Rate
2 Reserve Repo Rate
3 Bank Rate
4 Cash Reserve Ratio
Ans: 1
Q. What type of Products does CACP recommend minimum support price for?
1 Industrial Products
2 Agricultural Products
3 Pharmaceutical Products
4 None of the above
Ans: 2
Q. The proportion of labour in GNP (Gross National Product) becomes low due to the following reasons -
1 Price lag behind wages
2 Profit lags behind prices
3 Prices lag behind profit
4 Wages lag behind price
Ans: 4
Q. Land Development Banks form part of -
1 Commercial Banks
2 IDBI
3 FCI
4 Cooperative Credit Structure
Ans: 4
Q. Among the following tax revenues of the Union Government, which is the biggest source?
1 Income Tax
2 Corporation Tax
3 Central Excise
4 Customs Duty
Ans: 3
Q. "Yen" is the currency of __
1 China
2 Japan
3 Italy
4 South Korea
Ans: 2
Q. Bad loans in banking terminology are generally known as _________
1 BPOs
2 Prime Asset
3 NPAs
4 CBS
Ans: 3