(1) 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 (5) All of above (2) The proportion of labour in GNP (Gross National Product) becomes low due to the following reasons (1) Price lag behind tages (2) Profit lags behind prices (3) Prices lag behind profit (4) Wages lag behind price (5) none of above (3) Arrange the expenditure heads in descending order using the codes given below A. Plan expenditure B. Non-plan expenditure C. Revenue expenditure D. Capital expenditure (1) B, C, D, A (2) C, D, B, A (3) C, B, A, D (4) B, A, D, C (5) None of the above (4) From time to time RBI has issued :(1) Straight coupon bonds (2) Inflation linked bonds (3) Zero coupon bonds (4) (1)&(2) are true (5) (1),(2)&(3) are true (5) Indias foreign exchange rate system is? (1) Free float (2) Managed float (3) Fixed (4) Fixed target of band (5) None of the above (6) According to the Planning Cornmission, for infrastructure development during Eleventh Five Year Plan, the required investment is? (1) Approximately $ 250 billion (2) Approximately $ 500 billion (3) Approximately $ 750 billion (4) Approximately $ 1000 billion (5) None of the above (7) Legally speaking Pass Through Certificates are ________ and are tradeable freely. (1) Promissory notes (2) Bill of Credit (3) Bill of LAnding (4) (1)&(2) are true (5) (1),(2)&(3) are true (8) Who is the Chairman of the Planning Commission ? (1) Prime Minister (2) President (3) Governor of Reserve Bank of India (4) Finance Secretary (5) None of the above (9) The concept of disinvestment was introduced by? (1) Friedman (2) Kaldor (3) Keynes (4) Myrdal (5) None of the above (10) Land Development Banks form part of (1) Commercial Banks (2) IDBI (3) FCI

(4) Cooperative Credit Structure (5) none of above (11) 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 (5) none of above (12) The number of women entrepreneurs in small scale industrial region is highest in the state of? (1) Karnataka (2) Kerala (3) Maharashtra (4) Tamil Nadu (5) None of the above (13) The debit balance in nominal account shows (1) Expenses (2) Gains (3) Assets (4) Liabilities (5) None of the above (14) Yen is the currency of (1) China (2) Japan (3) Italy (4) South Korea (5) none of above (15) Bad loans in banking terminology are generally known as (1) BPOs (2) Prime Asset (3) NPAs (4) CBS (5) none of above (16) DFIs are the second largest issuer of ________ after the Govt and Sovereign bodies. (1) Debt instruments (2) Credit instruments (3) Bill of (5) (1),(2)&(3) are true Credit (4) (1)&(2) are true

(17) Financial markets are the centres that provide facilities for buying and selling of ________. (1) Financial claims and (2) services (3) Products (4) (1) & (2) are true (5) (1), (2) & (3) are true (18) The Doing Business Report is prepared by which of the following organizations every year? (1) World Bank (2) Asian Development Bank (ADB) (3) International Monetary Fund (IMF) (4) World Trade Organization(WTO) (5) none of above (19) Which of the following is not a banking related term? (1) SME Finance (2) Equinox (3) Overdraft (4) Sanctioning Authority (5) none of above (20) Which among the following is the first commercial bank of limited liability managed by Indians ? (1) Punjab National Bank (2) Oudh Commercial Bank (3) Imperial Bank of India (4) Bank of Baroda (5) None of the above (21) How many banks are there in public sector at present ? (1) 28 (2) 27 (3) 19 (4) 20 (5) None of the above (22) Study the following statements and mark your answer according to the answer code given belowI. Planning is the first function of management.

II. Planning provides a basis for organisation. III. Planning does not involve decision-making. IV. Planning is a static function Codes; (1) I and III are correct (2) I and II are correct (3) I and IV are correct (4) II and IV are correct (5) None of the above (23) The main objective of controlling is to(1) Punish the guilty person (2) Ensure that performance is as per planning (3) Maintain discipline (4) Fix responsibility of subordinates (5) None of the above (24) Which Indian Company has been included for the first time in U.S. As index NASDAQ-100? (1) Infosys (2)Tata Motors (3) ICICI Bank (4) V S N L (5) None of the above (25) Which one of the following taxes has not been abolished in recent Union Budgets? (1) Banking Cash Transaction (2) Commodity Transaction Tax (3) Fringe Benefit Tax (4) Securities Transaction Tax (5) None of the above (26) When did Regional Rural Banks start functioning in India? (1) 1975 (2) 1947 (3) 1956 (4) 1960 (5) None of the above (27) The most liquid asset among the following is? (1) Gold (2) Share (3) Cash (4) Land (5) None of the above (28) Who was the Chairman of the Sixth Central Pay Commission? (1) Justice B. N. Srikrishna (2) Prof. Ravindra Dholakia (3) J. S. Mathur (4) Sushma Nath (5) None of the above (29) Indias first special Economic Zone dedicated to the aerospace industries has been launched at (1) Hyderabad (2) Hallargi (3) Shimla(4) Ahmedabad (5) none of above (30) Which of the following committees is associated with reforms in small industries? (1) K.L.Rekhi Committee (2) R.Chelliah Committee (3) Abid Hussain Committee (4) None of the above (5) All of above (31) The 11th Five Year Plan is termed as plan for. (1) Indias Health (2) Eradication of poverty from India (3) Indias Education (4) Development of Rural India (5) None of the above (32) The World Investment Report 2008 was released in September 20This report is published every year by:

(1) Government of India (2) World Trade Organisation (WTO) (3) Asian Development Bank (ADB) (4) United Nations Conference on Trade and Development (UNCTAD) (5) None of the above (33) The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector this type of phenomenon is known as: (1) Probability risk (2) Market risk (3) Inflation risk (4) Credit risk (5) None of the above (34) As per BASEL-II norms, a banks capital to risk weighted assets ratio (CRAR) should be at least? (1) 8% (2) 10% (3) 12% (4) 14% (5) None of the above (35) Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (1) Bombay Stock Exchange (BSE) (2) Indian Banks Association (IBA) (3) Securities & Exchange Board of India (SEBI) (4) Reserve Bank of India (RBI) (5) none of above (36) Which sector contributes the maximum share in National income of India? (1) Primary (2) Secondary (3) Tertiary (4) All the above (5) none of above (37) IMF is the result of (1) Hawana Conference (2) Rome C onference (3) Brettonwood Conference (4) Geneva C onference (5) none of above (38) As we all know some new initiatives were introduced in the area of Fiscal Management by the government of India. Which of the following acts was passed a few years back to keep a check on the fiscal indiscipline on macroeconomic parameters? (1) FERA (2) FRBMA (3) FEMA (4) Public Debt Act (5) None of the above (39) Which one of the following will not act as an incentive for exports ? (1) Raising the internal value of money (2) Lowering the prices of goods within the country (3) Internal devaluation of money (4) Granting low interest loans for exports. (5) None of the above (40) Which of the following correctly describes what sub-prime lending is? (1) Lending to the people with less than ideal credit status. (2) Lending to the people who are high value customers of the banks. (3) Lending to those who are not a regular customer (1) Only 1 (2) Only 2 (3) Only 3 (4) All (5) None of the above (41) Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank? (1) It does not accept deposits. (2) It has a limited cash disbursement capacity. (3) Lack of human interface. (1) Only (1) (2) Only (2)

(3) Only (3) (4) All the above (5) None of the above (42) The Reserve Bank of India was nationalized in? (1) 1947 (2) 1948 (3) 1950 (4) 1956 (5) None of the above (43) Which among the following is not the liability of a Commercial Bank ? (1) Share capital (2) Reserve fund (3) Bills, which are to be paid (4) Balance with central bank and other banks (5) None of the above (44) The World Development Report 2009 is released by which of the following Organisations? (1) UNESCO (2) ADB (3) IMF (4) World Bank (5) None of the above (45) The loans under________ are based on Poverty Reduction Strategy Paper. (1) (2) (3) (4) (5) PRGF (46) Which of the following statements is/are TRUE about the Lehman Brothers Holdings Inc. which was in news sometimes back? (1) The US government provided a US$ 7000 million bailout package to the company. (2) The company filed for bankruptcy in a court in New York. (3) The company is now out of financial crisis and is busy in its restructuring so that it can start afresh. (1) Only (1) (2) Only (2) (3) Only (3) (4) All the above (5) None of the above (47) The Reserve Bank of India has recently issued guidelines to banks on Pillar 2 of Basel II framework. Pillar 2 deals with which of the following? (1) Better human resource management (2) Adequate capital to support risks (3) Better profitability with minimum number of employees (1) Only (1) (2) Only (2) (3) Only (3) (5) All of the above (5) None of these (48) CRR and SLR are ________ reserves. (1) Income tax (2) Sales Tax (3) Road Tax (4) Property Tax (5) Statutory (49) Which of the following has the sole right of issuing paper notes in India? (1) Union Government (2) Reserve Bank of India (3) Ministry of Finance (4) Supreme Court (5) None of the above (50) Decision taken at Bretton Woods Conference led to the formation of (1) IDA (2) IMF (3) ADB (4) IFC (5) None of the above