Q1.The Section 2 of ‘The Coinage Act, 2011’ clarifies that the term ‘Coin’
does ‘not’ include—
does ‘not’ include—
Anonymous Quiz
20%
(a) Postal order or ‘p-money’ issued by any bank or post office
37%
(b) Commemorative coin issued by Reserve Bank of India
29%
(c) Government of India One Rupee Note
14%
(d) Coins made of any other material stamped by Government
Q2.The Indian Coins are minted at the four Indian Government Mints,
which of the following is ‘not’ one of them?
which of the following is ‘not’ one of them?
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28%
(a) India Government Mint, Nasik (Maharashtra)
25%
(b) India Government Mint, Hyderabad (Telangana)
30%
(c) India Government Mint, Noida (Uttar Pradesh)
18%
(d) India Government Mint, Kolkata (West Bengal)
Q3.Consider the following statements:
1. National Payments Corporation of India (NPCI) helps in promoting the
financial inclusion in the country. 2. NPCI has launched RuPay, a card payment scheme. Which of the statements given above is/are correct?
1. National Payments Corporation of India (NPCI) helps in promoting the
financial inclusion in the country. 2. NPCI has launched RuPay, a card payment scheme. Which of the statements given above is/are correct?
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14%
(a) 1 only
14%
(b) 2 only
70%
(c) Both 1 and 2
3%
(d) Neither 1 nor 2
Q4.Which of the following is a most likely consequence of implementing
the ‘Unified Payments Interface
(UPI)’?
the ‘Unified Payments Interface
(UPI)’?
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20%
(a) Mobile wallets will not be necessary for online payments
51%
(b) Digital currency will totally replace the physical currency in about two decades.
2%
(c) FDI inflows will drastically increase
27%
(d) Direct transfer of subsidies to poor people will become very effective.
Q5.Which body is responsible for deciding the Reserve Bank of India's benchmark interest rates?
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62%
(a) Monetary Policy Committee
9%
(b) Union Cabinet
27%
(c) Ministry of Finance
2%
(d) NITI Aayog
Q1.What is the S4A scheme?
Anonymous Quiz
7%
(a) Ecological cost procedure
66%
(b) RBI scheme for stressed corporate assets
9%
(c) Govt disinvestment plan
18%
(d) Insolvency Code provision
Q2.What is the purpose of setting up Small Finance Banks (SFBs) in India?
Anonymous Quiz
10%
(a) To supply credit to small business units and farmers only
23%
(b) To supply credit to farmers and encourage rural entrepreneurs only
16%
(c) To supply credit to small business units and encourage entrepreneurs only
51%
(d) To supply credit to small business units, farmers, and encourage rural entrepreneurs
Q3.Who can join the National Pension System (NPS)?
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15%
(a) Resident Indian citizens only
22%
(b) Persons aged 21 to 55 only
15%
(c) All State Government employees joining after notification
48%
(d) All Central Government employees including Armed Forces joining on or after 1 April 2004
Q4.A firm sells shares worth `1000 direct to individuals. This transaction
will cause
will cause
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4%
(a) GNP to rise by `1000
28%
(b) GDP to rise by `1000
39%
(c) National income to rise by `1000
28%
(d) No impact on Gross National Product
Q5.The volatility in the Indian share market is due to
1. inflow and outflow of foreign funds.
2. fluctuations in foreign capital markets. 3. changes in the monetary policy. Which of the above mentioned causes are correct?
1. inflow and outflow of foreign funds.
2. fluctuations in foreign capital markets. 3. changes in the monetary policy. Which of the above mentioned causes are correct?
Anonymous Quiz
25%
(a) 1 and 2
18%
(b) 1 and 3
52%
(c) 1, 2 and 3
5%
(d) 2 and 3
Q2.Debenture holders of a company are its
Anonymous Quiz
30%
(a) shareholders
40%
(b) creditors
30%
(c) debtors
0%
(d) directors
Q3.What does S&P 500 relate to
Anonymous Quiz
5%
(a) Super computer.
18%
(b) A new technique in e-business
18%
(c) A new technique in bridge building
58%
(d) An Index of stocks of large companies
Q4.In the parlance of financial investment the term ‘bear’ denotes
Anonymous Quiz
53%
(a) An investor who feels that the price of a particular security is going to fall
22%
(b) An investor also feels that the price of a particular share is going to rise.
25%
(c) A shareholder or a bankholder who has an interest in a company, financial or otherwise
0%
(d) Any lender whether by making a loan or buying a bond.
Q5.Which of the following is true about NIFTY?
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50%
(a) It is based on 50 companies in India.
25%
(b) It is governed by the Reserve Bank of India.
10%
(c) It includes trading in mutual funds.
15%
(d) It is based on 30 companies in India.
Q1.The term mixed economy denoted existence of both
Anonymous Quiz
5%
(a) rural and urban sector
70%
(b) private and public sector
15%
(c) heavy and small industry
10%
(d) developed and under developed sector
Q2.It will be true to classify India as
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5%
(a) a food-deficit economy
61%
(b) a labour-surplus economy
24%
(c) a trade-surplus economy
11%
(d) a capital-surplus economy
Q3.The Indian economy is characterised by
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15%
(a) pre-dominance of agriculture
20%
(b) low per capita income
10%
(c) massive unemployment
55%
(d) all of the above
Q4.Which is not included in the private income arising in a country?
Anonymous Quiz
17%
(a) Factor income from net domestic product
34%
(b) Net factor income from abroad
31%
(c) Current transfers from government
17%
(d) Current payments on foreign loans
Q5.Who coined the term ‘Hindu rate of growth’ for Indian economy?
Anonymous Quiz
14%
(a) A.K. Sen
36%
(b) Kirit S. Parikh
38%
(c) Raj Krishna
12%
(d) Montek Singh Ahluwalia