Daily Updates Mock Test 83

50 Questions | Total Attempts: 104

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Daily Updates Mock Test 83

MOCK TEST 83 SYLLABUS : INDIAN ECONOMY TIME : 20 MINUTES FULL MARKS : 50*5 = 250 EACH QUESTION CARRIES 5 MARKS EACH , - VE MARKING = - 1 / WRONG ANSWER আজকের মোক টেস্ট নেওয়া হবে রাত 9. 30 PM থেকে , এই মোক টেস্ট দেওয়া যাবে কাল সকাল 11. 30 টা পর্যন্ত OUR FACEBOOK GROUP : DAILY UPDATES CLICK HERE TO JOIN OUR FACEBOOK PAGE : STUDY MATERIALS FOR ALL CLICK HERE TO FOLLOW OUR TELEGRAM CHANNEL LINK : STUDY MATERIALS FOR ALL CLICK HERE TO FOLLOW PSC SI FOOD FULL GUIDE BOOK CLICK HERE TO


Questions and Answers
  • 1. 
    Via which of the following, the Ministry of Finance is required to review every quarter the trends in Receipts and Expenditure in relation to the Budget and place it before both Houses of Parliament?
    • A. 

      Constitution of India

    • B. 

      Responsibility and Budget Management Act 2003

    • C. 

      Finance Acts of every year

    • D. 

      Order of President of India

  • 2. 
    Bring out the only statement, which is not fully correct:
    • A. 

      An increase in the supply of money will always result in inflation

    • B. 

      Inflation occurs when the value of money declines

    • C. 

      Cost inflation occurs when prices rise to cover increased factor costs

    • D. 

      Inflation will have the effect of redistributing incomes within a country

  • 3. 
    Which among the following decides the Saving Banks Account Interest Rate in India?
    • A. 

      Ministry of Finance

    • B. 

      RBI

    • C. 

      Indian Banks’ Association (IBA)

    • D. 

      Banks themselves

  • 4. 
    Dr. N.C. Saxena Committee was set up by the Ministry of Rural Development to advise it on 1) Suitable methodology for BPL Census 2) Estimation of poverty Choose the correct option:
    • A. 

      Only 1

    • B. 

      Only 2

    • C. 

      Both 1 & 2

    • D. 

      Neither 1 nor 2

  • 5. 
    In which year, the restructured Twenty Point Programme (TPP) became effective?
    • A. 

      2005

    • B. 

      2006

    • C. 

      2007

    • D. 

      2004

  • 6. 
    If a bank launched a “CASA campaign” , which among the following would be the most probable objective of such campaign?
    • A. 

      To bring down Non-performing Assets (NPA)

    • B. 

      To develop better customer relations

    • C. 

      To bring in more new customers

    • D. 

      To provide no frill services

  • 7. 
    Which among the following body regulates Mutual Funds in India?
    • A. 

      RBI

    • B. 

      SEBI

    • C. 

      NABARD

    • D. 

      AMFI

  • 8. 
    Which among the following is the largest export market for India, for its marine products?
    • A. 

      USA

    • B. 

      EU

    • C. 

      China

    • D. 

      Japan

  • 9. 
    Which among the following does not come under Corporate Governance ?
    • A. 

      Management of rights of shareholders

    • B. 

      Trusteeship

    • C. 

      Ethical Business Conduct

    • D. 

      Profits Maximization

  • 10. 
    Which among the following is terms is commonly not assciated with Budgets in India?
    • A. 

      Outcome Budget

    • B. 

      Gender Budget

    • C. 

      Austerity Budget

    • D. 

      Gross Budgetary Support

  • 11. 
    Under which among the following acts, Hawala transactions are banned in India?
    • A. 

      FERA

    • B. 

      FEMA

    • C. 

      FRBMA

    • D. 

      AFSPA

  • 12. 
    To get the Credit History of a company, which among the following should be approached?
    • A. 

      ECGC

    • B. 

      CIBIL

    • C. 

      SEBI

    • D. 

      RBI

  • 13. 
    Who among the following are the beneficiaries of the “Reverse Mortgage Scheme”?
    • A. 

      Government Employees

    • B. 

      Senior Citizens

    • C. 

      Unemployed Persons

    • D. 

      Unemployed Persons

  • 14. 
    India’s first operational special economic zone (SEZ) is located at?
    • A. 

      Ahamadabad

    • B. 

      Surat

    • C. 

      Jaipur

    • D. 

      Indore

  • 15. 
    Which among the following Ministry is running the “Village Grain Bank Scheme”?
    • A. 

      Ministry of Agriculture

    • B. 

      Ministry of Food and Public Distribution

    • C. 

      Ministry of Tribal Affairs

    • D. 

      Ministry of Rural Development

  • 16. 
    The term “round tripping” in case of Foreign Direct Investments is related to which among the following?
    • A. 

      Use of FDI Funds out of Country

    • B. 

      Coming Back of Domestic Money as FDI

    • C. 

      Sending Back of Domestic Money as FDI

    • D. 

      Repatriation of the FDI made abroad

  • 17. 
    If a person is not satisfied with the decision passed by the Banking Ombudsman, he/ she can approach the appellate authority against the Banking Ombudsmen’s decision. The Appellate Authority is vested in which among the following?
    • A. 

      Managing Director of the Concerned Bank

    • B. 

      Governor of Reserve Bank of India

    • C. 

      Deputy Governor of Reserve Bank of India

    • D. 

      High Court of the state in which Bank Branch is located

  • 18. 
    The competitive devaluation by the countries would badly affect which among the following?
    • A. 

      Exporters

    • B. 

      Importers

    • C. 

      Traders

    • D. 

      Service Providers

  • 19. 
    Which among the following is the correct full form of the export promotion scheme DEPB?
    • A. 

      Duty-free Entitlement Passbook

    • B. 

      Duty Elimination Passbook

    • C. 

      Duty Entitlement programme

    • D. 

      Duty Entitlement Passbook

  • 20. 
    The P/E is one of the most talked about ratios in the stock market. What does P/E refer to____?
    • A. 

      Profit to Expenditure

    • B. 

      Price to Earning

    • C. 

      Profit to Earning

    • D. 

      Provisional to Estimates

  • 21. 
    A Public Debt Office works as investment banker to the _____?
    • A. 

      Public

    • B. 

      Commercial Banks

    • C. 

      RBI

    • D. 

      Government

  • 22. 
    In economy, which among the following can be measured by calculating concentration ratios?
    • A. 

      Devlopment

    • B. 

      Inflation

    • C. 

      Competition

    • D. 

      Social Security

  • 23. 
    Which among the following is NOT an Alternative Investment Fund?
    • A. 

      Private Investment in Public Equity Funds

    • B. 

      Infrastructure Equity Fund

    • C. 

      Venture Capital Fund

    • D. 

      Mutual Fund

  • 24. 
    If the Reserve Bank of India wants to block / hinder the Capital Outflows and contain the currency depreciation, which among the following would be the most possible action?
    • A. 

      Increase Interest Rates

    • B. 

      Decrease Interest Rates

    • C. 

      Purchase Government Bonds

    • D. 

      Decrease Statutory Liquidity Ratio

  • 25. 
    Who among the following has written the book “Growth & Finance”?
    • A. 

      Bimal Jalan

    • B. 

      K Subba Rao

    • C. 

      C Rangrajan

    • D. 

      Amartya Sen

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