Objective General Knowledge

Q. RBI in its third-quarter monetary policy review on January 24, 2011 revised its GDP projection for the year 2011-12
1 From 8% to 7.6%
2 From 8% to 7%
3 From 7.6% to 7%
4 From 7% to 6.5%
Ans: 3

Q. During the first nine months of the year 2011-12, country's exports aggregated to $217.6 billion, showing a year-on-year growth of -
1 16.8%
2 18.4%
3 23.3%
4 25.6%
Ans: 4

Q. During the period April-December 2011, of the financial year 2011-12, India's trade deficit stood at -
1 $ 133.3 billion
2 $121.3 billion
3 $ 129.6 billion
4 $ 139.2 billion
Ans: 1

Q. Which is the first Indian Bank to open a branch in Saudi Arabia?
1 Central Bank of India
2 AXIX Babk
3 ICICI Bank
4 SBI
Ans: 4

Q. Which country possesses the largest gold jewelry market in the world?
1 India
2 USA
3 UAE
4 China
Ans: 1

Q. The Cheque/draft validity period is being revised w.e.f. April 1, 2012. What is true regarding stipulation?
1 From 6 months to 3 months
2 From one year to 9 months
3 from 6 months to one month
4 From 3 months to one month
Ans: 1

Q. Forward Markets Commission is financial regulator of -
1 Commodity Future Markets
2 Mutual Funds
3 Micro Finance
4 Non-life Insurance
Ans: 1

Q. Life Insurance companies have been allowed to approach capital markets with their public issues by IRDA. What is the eligibility norm for insurance companies to be permitted to adopt this approach?
1 Insurance companies require to be ten years old
2 Insurance companies require to show profits for the last three years
3 Insurance companies doing business of more than Rs. 10,000 crore would be eligible
4 All of the above
Ans: 1

Q. The new Chairman of FIEO (Federation of Indian Export Organisation) taken charge in January 2012 is -
1 M. Rafeeque Ahmed
2 Rajendra Pawar
3 Reeta Menon
4 Lalit K. Panwar
Ans: 1

Q. At end-September 2011, in composition of India's foreign debt, the highest share goes to -
1 Commercial Borrowings
2 NRI deposits
3 Multilateral Debt
4 All above have almost equal share
Ans: 1
 
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