1.The exchange of commodities between two countries is refered as a. Balance of trade b. Bilateral trade c.Volume of trade d.

Multilateral trade 2. Many time we read a term ' MFI ' in newspapers . What is the full form of the same as used in financial sector ? Micro Finance Institute Micro Functional Issues Mutual funds in India Monetary forum of India 3. No person can be employed in factories or mines unless he is above the age of 12 years 14 years 18 years 21 years 4.AADHAAR can be the basis to open bank accounts because if can provide (A) Know your customer details (B) Social and Financial details (C) Repaying capacity of the customer Only A Only B Only C All of these 5.The Union cabinet has approved the proposal for enhancing reservation for women in panchayats from the present 33% to 50% 20% to 30% 33% to 43% 25% to 50% 6.What is Mortgage Loan ?

Loan to Employees Loan to Senior Citizen Loan to farmers Loan for Business 7.Which is a Cash Crop? Sugarcane Wheat Rice Bajara 8.Which credit rating company is recently in news UNCTAD UNDP Standard & Poors ADB 9.Gagan Narang is recently honored with Sita Puraskar Rajiv Gandhi Khel Ratna award Dronacharya Award Vyas Samman 10.What is Financial Inclusion Including every Indian citizen financially Providing banking services to metropolitan areas Special scheme for senior citizens Special scheme for government employee

11.Basel Committee on Banking Supervision " is also / or popularly known as ? Thomas Cook Committee Talwar Committee Bank for International Settlements committee Peter Cook Committee

Banking Regulation Cpmmittee 12.Commercial Papers are issued by----------A company to a bank Banks to companies Banks to Banks Company to its supplies None of these 13.' MAT 'provision in Income Tax stands for ----Medium Alternate Tax Minimum Alternate Tax Maximum Alternate tax Mild Alternate Tax None of these 14.Many time we read about SWIFT in newspapers . What is full form ? Sound World wide Institution for Transactions Safe Window In case of Financial Transactions Society for World wide Interbank Financial Telecommunication Safe Window for Inter bank Financial Transactions None of these 15.The foreign trade policy in India is announced by the RBI Ministry of Commerce FEDAI Ministry Finance None of these 14.Lending to Self Help Groups by Banks is known as ------Non priority sector Priority sector Commercial sector Corporate sector None of these 15.Many time we read about SWIFT in newspapers . What is full form ? Sound World wide Institution for Transactions Safe Window In case of Financial Transactions

Society for World wide Interbank Financial Telecommunication Safe Window for Inter bank Financial Transactions None of these 16.The foreign trade policy in India is announced by the RBI Ministry of Commerce FEDAI Ministry Finance None of thes 17.Paper currencies of our country are issued by RBI under a) Section- 22 of the RBI act -1934 b) Section- 24 of the RBI act -1934 c) Section- 28 of the RBI act -1934 d) None of these 18.When a person publicly announces they cannot repay their loans it is calleds a) deposit b) bankruptcy c) mortgage 19. Deficit financing implies A. B. C. D. printing new currency notes replacing new currency with worn out currency public expenditure in excess of public revenue public revenue in excess of public expenditure