Practice Test

Q1) Many a times, we read about Special Drawing Right (SDR) in newspapers. As per its definition. SDR is a monetary unit of the reserve assets of which of the following organizations/agencies? Show Answer

Q2) Which of the following is/are the highlights of the Union Budget 2010-11?
(A) Number of new steps taken to simplify the Foreign Direct Investment (FDI) regime.
(B) Rs. 16500 crore provided to ensure that the Public Sector Banks are able to attain a minimum 8% capital (Tier I) by March 2011.
(C) More than Rs. 174000 crore provided for the development of the infrastructure in the country. Show Answer

Q3) As per the recent announcement, the Govt. of India will provide an amount Rs. 48000 crore to develop Rural Infrastructure in the country. This planned development is being undertaken under which of the following schemes? Show Answer

Q4) As per the news published in various financial newspapers, the RBI is reworking the road map on Capital Account Convertibility. If this is done, who amongst the following would be able to invest in foreign projects or acquire assets outside India without any restrictions?
(A) Public Sector Banks
(B) Companies which are registered in India
(C) Govt. of India
(D) Any individual Show Answer

Q5) What is the full form of 'NBFC' as used in the Financial Sector? Show Answer

Q6) As per the current practice, the maximum part of the Global Foreign Exchange Reserves (more than 60%) and Foreign Exchange Transactions (more than 90%) take place in only one currency all over the world. Which is that currency? Show Answer

Q7) As per the news published in major financial newspapers, the Union Govt. is planning to disinvest 20% stake in the state owned Hindustan Copper Ltd. What does it really mean? Show Answer

Q8) As per the newspapers reports, the Govt. of India made an auction of the Third Generation Spectrum (3G) recently. Which of the following ministries was actively involved in the process? Show Answer

Q9) The Finance Minister of India, in one of his speeches said that "the current high inflation is not because of monetary expansion but due to supply side bottlenecks in certain essential commodities". This means that the Finance Minister is of the view that -
(A) the liquidity position in market is quire comfortable these days.
(B) inflation being experienced these days is not cost push inflation.
(C) markets are flooded with luxury goods but essential commodities are definitely in short supply. Show Answer

Q10) As we know with the launch of Nano by Tata Motors, India has become favourite Small Car Destination of the world. Other than India, which of the following countries is also a popular destination of small cars? Show Answer

Q11) Many economists and financial analysts are of the opinion that India could withstand the recent global economic crisis comfortably because of a good fiscal consolidation and Govt.'s adherence to the target fixed by the Show Answer

Q12) The RBI Governor, in one of his speeches, made a mention of Inflation Index and said "the problem in India is that which Inflation Index to target as there are several such indices". Which of the following statements is correct in this regard? Show Answer

Q13) Which of the following schemes announced in the Union Budget 2010-11 will have a direct impact on the pricing pattern of fertilizers? Show Answer

Q14) As per the decision taken by the competent authorities, the Qualified Institutional Buyers (QIBs) are required to pay 100% application money to make them eligible to bid for public issues. How much amount were the QIBs paying as application or margin money prior to this decision? Show Answer

Q15) Recently, India took part in "Nuclear New Build 2010 Conference" organized in Show Answer

Q16) Which of the following agencies/organizations has recently decided that all the Stock Exchanges should introduce physical settlement of equity derivatives? Show Answer

Q17) As per the newspapers reports, China is likely to drop its special 'Yuan' policy soon. What is this special Yuan policy being followed by China at present?
(A) China had initiated the policy of Yuan's exchange rate with dollar to Yuan since 2008 at a specified rate decided by it and not by the market forces.
(B) China has initiated a policy which says that all payments in China should be done in Yuan only. No other currency is acceptable.
(C) China has a policy of accepting all payments for its exports in dollar while all imports are paid in Yuan only. US and some other nations do not agree with this. Show Answer

Q18) Which of the following groups of cricket teams was declared joint winner of the Col. C K Naidu Trophy for 2009? Show Answer

Q19) What is an "internet"? Show Answer

Q20) Who amongst the following is the recipient of the "CNN-IBN Indian of the Year" Award for 2009? Show Answer

Q21) As per the news published in various newspapers, the RBI is considering the grant of license to some new companies, particularly NBFCs to act as full-fledged banks, which of the following will be considered NBFC? Show Answer

Q22) The deficit reduction plan of which of the following countries was reviewed recently in the meeting of the Finance Ministers of the European Union? Show Answer

Q23) North Korea and USA decided to resume their peace talks after a gap of several months. Both the countries have a dispute over which of the following issues? Show Answer

Q24) Kaiane Aldorino who was crowned Miss World 2009 is from which of the following countries? Show Answer

Q25) Who amongst the following was the Chairperson of the 13th Finance Commission which submitted its report to the President of India recently? Show Answer

Q26) Which of the following teams won the Davis Cup Tennis Finals 2009? Show Answer

Q27) To send another station a message, the main thing a user has to know is Show Answer

Q28) The database administrator's function in an organization is Show Answer

Q29) A .......... is a computer connected to two networks. Show Answer

Q30) Each of the following is a true statement except Show Answer

Q31) When you save a presentations, ............ . Show Answer

Q32) In a client/server model, a client program Show Answer

Q33) Every device on the internet has a unique ............ address (also called an 'Internet address') that identifies it in the same way that a street address identifies the location of a house. Show Answer

Q34) In a customer database, a customer's surname would be keyed into a Show Answer

Q35) A set of interrelated components that collect, process, store and distribute information to support decision making and control in an organization best defines Show Answer

Q36) Control in design of an information system is used to Show Answer

Q37) One of the following is not included in the 7Ps of marketing. Find the same. Show Answer

Q38) Home Loans can be best canvassed among Show Answer

Q39) CRM (Customer Relationship Management) is Show Answer

Q40) One of the following is not involved in the Growth Strategies of a Company Show Answer

Q41) SME means Show Answer

Q42) A successful 'Blue Ocean Strategy' requires Show Answer

Q43) Bancassurance can be sold to Show Answer

Q44) Data mining means analyzing the data stored with Show Answer

Q45) Find the correct statement. Show Answer

Q46) Storing same data in many places is called Show Answer

Q47) Which of the following is the first step in the 'transaction processing cycle', which captures business data through various modes such as optical scanning or at an electronic commerce website? Show Answer

Q48) Cross-selling is the basic function of Show Answer

Q49) Cross-selling is not effective for which one of the following products? Show Answer

Q50) The target group for SME loans is Show Answer