Question 1 : In the second nationalization of commercial banks, ___ banks were nationalized.
1. 4
2. 5
3. 6
4. 8
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Question 2 : In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines
1. to govern entry of new private sector banks to make the banking sector more competitive
2. to reduce the freedom given to banks to rationalize their existing branch network
3. to setup more foreign exchange banks
4. to lend more easily for industrial development
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Question 3 : The current price index (base 1960) is nearly 330. This means that
1. all items cost 3-3 times more than what they did in 1960
2. the prices of certain selected items have gone up to 3-3 times
3. weighted means of prices of certain item has increased 3-3 times
4. gold price has gone up 3-3 times
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Question 4 : Debenture holders of a company are its
1. shareholders
2. creditors
3. debtors
4. directors
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Question 5 : National expenditure includes
1. consumption expenditure
2. investment expenditure
3. government expenditure
4. All of the above
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Question 6 : Gilt-edged market means
1. bullion market
2. market of government securities
3. market of guns
4. market of pure metals
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Question 7 : Foreign Direct Investment ceilings in the telecom sector have been raised from 74 percent to
1. 80 percent
2. 83 percent
3. 90 percent
4. 100 percent
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Question 8 : Gross domestic capital formation is defined as
1. flow of expenditure devoted to increased or maintaining of the capital stock
2. expenditure incurred on physical assets only
3. production exceeding demand
4. net addition to stock after depreciation
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Question 9 : The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called
1. Statutory Bank Ratio (SBR)
2. Statutory Liquid Ratio (SLR)
3. Central Bank Reserve (CBR)
4. Central Liquid Reserve (CLR)
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Question 10 : On which one of the followings is the benefits received principle of taxation to achieve optimality bases?
1. Marginal benefit received
2. Total benefit received
3. Average benefit received
4. Ability to pay for the benefit
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