1). The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called
A). Statutory Bank Ratio (SBR) |
B). Statutory Liquid Ratio (SLR) |
C). Central Bank Reserve (CBR) |
D). Central Liquid Reserve (CLR) |
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2). Of the gross tax revenue of the Union Government the indirect taxes account for nearly
A). 70 per cent |
B). 75 percent |
C). 65 percent |
D). 60 percent |
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3). Devaluation of currency will be more beneficial if
A). prices of domestic goods remain constant |
B). prices of exports remain constant |
C). prices of imports remains constant |
D). prices of exports rise proportionately |
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4). Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
A). 1000 rupee |
B). 500 rupee |
C). 100 rupee |
D). All of the above |
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5). The current price index (base 1960) is nearly 330. This means that
A). all items cost 3-3 times more than what they did in 1960 |
B). the prices of certain selected items have gone up to 3-3 times |
C). weighted means of prices of certain item has increased 3-3 times |
D). gold price has gone up 3-3 times |
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6). The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
A). 15 to 20 percent |
B). 20 to 25 percent |
C). 25 to 30 percent |
D). 30 to 35 percent |
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7). The annual yield from which of the following Union Government taxes is the highest?
A). Custom duties |
B). Corporation tax and income tax |
C). Inheritance tax, wealth tax, interest tax and gift tax |
D). Excise duties |
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8). In India, inflation measured by the
A). Wholesale Price Index number |
B). Consumers Price Index for urban non-manual workers |
C). Consumers Price Index for agricultural workers |
D). National Income Deflation |
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9). In India, the first bank of limited liability manages by Indians and founded in 1881 was
A). Hindustan Commercial Bank |
B). Oudh Commercial Bank |
C). Punjab National Bank |
D). Punjab and Sind Bank |
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10). How many banks were nationalized in 1969?
A). 16 |
B). 14 |
C). 15 |
D). 20 |
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