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Old 23-10-2012, 11:30 AM   #5
omkumar
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Default Re: 100 Important Questions for Banking Awareness

41. Which of the following awards are given for the excellence in the field of Sports ?
(A) Kalinga Prize
(B) Shanti Swarup Bhatnagar Award
© Arjun Award
(D) Pulitzer Award
(E) None of these

Ans ©





42. Inflation in India is measured on which of the following indexes/indicators ?
(A) Cost of Living Index (COLI)
(B) Consumer Price Index (CPI)
© Gross Domestic Product (GDP)
(D) Wholesale Price Index (WPI)
(E) None of these

Ans (D)





51. As a policy to boost the agricultural sector in the country, the Govt. of India has taken several special measures over the years. Which of the following cannot be considered a measure/ measures which will have a direct impact(s) on the agricultural sector ?
1. Setting up of a National Food Processing Bank.
2. Opening irrigation, sanitation and water projects for development under public private participation.
3. Efforts to bring down fiscal deficit to 5.5 per cent level of GDP.
(A) Only 1
(B) Only 2
© Only 3
(D) Only 1 and 2
(E) All 1, 2 and 3

Ans : ©





52. The Govt. of India is plannning to bring a Second Green Revolution. This will be launched specifically for which of the following parts of the country ?
(A) North East and Eastern Regions
(B) Central India
© Jammu & Kashmir
(D) Tamil Nadu, Kerala and Andhra Pradesh
(E) None of these

Ans : (A)





3. As we all know, the limit of exemption on personal income tax has been raised by Rs. 10,000. Whenever a relief in direct taxes is given, the underlying motive is always to make money available for which of the following purposes ?
1. Savings
2. Investment for High returns
3. Personal Consumption
(A) Only 1
(B) Only 2
© Only 1 and 3
(D) Only 2 and 3
(E) None of these

Ans : ©





54. As we know, a special scheme ‘One Village One Project’ is in vogue in some parts of our country and has proved a good incentive to boost the rural economy and the agricultural sector. Now the Govt. has decided to develop 60,000 villages to produce which of the following single crops as a major crop ?
(A) Pulses or Oilseeds
(B) Wheat or Bajra
© Sugar or Jute
(D) Sunflower or Rose flower
(E) None of these

Ans : (A)
5. The Govt. of India has decided to bring down the fiscal deficit from 6.6 per cent to the level of 5.5 per cent of the GDP so that it can meet growth targets well in time. This target of 5.5 per cent is to be achieved by the end of—
(A) January 2011
(B) March 2011
© December 2010
(D) January 2012
(E) None of these

Ans : (D)





56. Some economists and financial experts are of the opinion that the Finance Minister of India has done a good job by allocating a fairly good share of budget to ensure that the benefits of the growth also reach the poor and unorganized sectors of the society. What amount in terms of percentage has been allocated to various schemes of the social sector in the Union Budget 2010-11 ?
(A) 5%
(B) 7.5%
© 10%
(D) 12.5%
(E) None of these

Ans : (E)





57. Many people talk about the roll back of stimulus packages provided last year by the Govt. of India to help certain sectors. If these stimulus packages are rolled back, this would mean that—
1. those who have availed these benefits would be required to return them to the Govt. of India.
2. no such incentive would be available henceforth to these sectors.
3. all such benefits/incentives would be available to all the people across the country and will not be
restricted to some selected few.
(A) Only 1
(B) Only 2
© Only 3
(D) Only 1 and 3
(E) Only 2 and 3

Ans : ©





58. In order to develop infrastructure in the country at a faster pace, the Govt. of India has
fixed some targets. In order to achieve this target, at present, how many kilometers of
highway is required to be constructed per day ?
(A) 5 km
(B) 10 km
© 15 km
(D) 20 km
(E) None of these

Ans : (D)





59. “South India will get K-G gas by 2012” was the news in a major financial newspaper. ‘K-G’ is the abbreviated name of which of the following ?
(A) Karnataka-Goa
(B) Kaveri-Ganga
© Krishna-Godavari
(D) Karnataka-Gulf
(E) None of these

Ans : ©





60. Many a times, we read in newspapers that some big banks have revised their lending rates to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks normally they announce this decision of theirs—
1. immediately after the Union Budget is presented in the Lok Sabha every year.
2. when the RBI makes changes in its policy rates.
3. when the Monetary and Credit Policy of the RBI is reviewed periodically.
(A) Only 1
(B) Only 2
© Only 3
(D) Only 2 and 3
(E) All 1, 2 and 3

Ans : ©
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