ca mcqs

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1. 23rd governor of RBI is ...... 1) Montek Singh Ahluwalia 2) Raghuram Rajan 3) K. C. Chakrabarthy 4) Sumithra Chaudhuri 5) Diwakar Guptha 2. Raghuram Rajan belongs to ........ 1) Tamilnadu 2) Andhra Pradesh 3) Madhya Pradesh 4) UP 5) Assam 3. Raghuram Rajan was the former Chief Economist of ................ 1) RBI 2) UNO 3) IMF 4) ADB 5) SBI 4. Who among the following never served as Governor of RBI? 1) James Taylor 2) Bengal Rama Rau 3) Pranab Mukherjee 4) C.Ranga Rajan 5) Manmohan Singh 5. Which among following served as the governor of RBI and Finance Minister of India? 1) C. Rangarajan and C. D. Deshmukh 2) Y.V. Reddy and Manmohan Singh 3) C.D. Deshmukh and Manmohan Singh 4) D. Subbarao and Bimal Jalan 5) All of above 6. Board of Financial Supervision (BFS) of RBI started in ......... 1) 2001 2)1994 3)1998 4) 2008 5) 2000 7. Board of Financial Supervision of RBI formed as a committee of the central Board of Directors of RBI. The Committee headed by ............. 1) Deputy Governor of RBI 2) Governor of RBI 3) Finance Minister 4) Prime Minister 5) None 8. Aim of Board of Financial Supervision (BFS) of RBI to undertake the consolidated supervision of the financial sector comprising the financial organizations, Commercial banks and ............ 1) NBFC 2) Chit funds 3) Share Market 4) NGO 5) None 9. Which legislation authorized RBI to inspect commercial banks? 1) Banking Regulation Act, 1934 2) Banking Regulation Act, 1954 3) Banking Regulation Act, 1949 4) Banking Regulation Act, 1972 5) Banking Regulation Act, 1901

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Page 1: ca mcqs

1. 23rd governor of RBI is ......1) Montek Singh Ahluwalia2) Raghuram Rajan3) K.C.Chakrabarthy4) Sumithra Chaudhuri5) Diwakar Guptha

2. Raghuram Rajan belongs to ........1) Tamilnadu2) Andhra Pradesh3) Madhya Pradesh4) UP5) Assam

3. Raghuram Rajan was the former Chief Economist of ................1) RBI2) UNO3) IMF4) ADB5) SBI

4. Who among the following never served as Governor of RBI?1) James Taylor2) Bengal Rama Rau3) Pranab Mukherjee4) C.Ranga Rajan5) Manmohan Singh

5. Which among following served as the governor of RBI and Finance Minister of India?1) C.Rangarajan and C.D.Deshmukh2) Y.V. Reddy and Manmohan Singh3) C.D. Deshmukh and Manmohan Singh4) D.Subbarao and Bimal Jalan5) All of above

6. Board of Financial Supervision (BFS) of RBI started in .........1) 20012)19943)19984) 20085) 2000

7. Board of Financial Supervision of RBI formed as a committee of the central Board of Directors of RBI. The Committee headed by .............1) Deputy Governor of RBI2) Governor of RBI3) Finance Minister4) Prime Minister5) None

8. Aim of Board of Financial Supervision (BFS) of RBI to undertake the consolidated supervision of the financial sector comprising the financial organizations, Commercial banks and ............1) NBFC2) Chit funds3) Share Market4) NGO5) None

9. Which legislation authorized RBI to inspect commercial banks?1) Banking Regulation Act, 19342) Banking Regulation Act, 19543) Banking Regulation Act, 19494) Banking Regulation Act, 19725) Banking Regulation Act, 1901

10. Which among the following is not the function of BFS of RBI?1) Off-site supervision of banks2) Strengthening of inspections3) Orders relating to payment gateways4) Strengthening role of Auditors5) None

11. Finacle Core Banking and McCamish Insurance products are going to be launched by ........1) Infosys2) Tech Mahendra Satyam3) TCS4) Pantla5) None

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12. A UN report has revealed that despite widespread poverty in the country, India is on track to meet the United Nations' Millennium Development Goal (MDG) of poverty reduction by ..........1) 20152) 20143) 20184) 20205) 2045

13. SWIFT started its live operations from 9th May .........1) 19352) 19983) 20134) 19775) 2001

14. SWIFT has headquarters at ..........1) Bonn2) New York3) New Delhi4) Brussels5) Tokyo

15. The upgraded SWIFT II system introduced in ........... to which system the most Indian banks are hooked.1) 19962) 19953) 20014) 19985)1989

16. To use SWIFT based system, each country required to install CBT. CBT means ...1) Computer Based Tracing2) Computer Biased Terminal3) Chip Based Terminal4) Computer Based Trail5) Computer Based Terminal

17. Present chairman of SWIFT is Yawar Shah. He belongs to .......... ?1) Pakistan2) UAE3) India4) Fiji5) Iran

18. G. Padmanabhan committee appointed by RBI to give the recommendations on ..........1) Financial Inclusion2) Export Finance3) Customer Service4) Financial Sector Reforms5) RRB

19. RBI constituted committee under the chairmanship of ........ to review the Ombudsman Scheme on 7 January 2013.1) Sudha Chakravarthy2) Sudha Sharma3) Suma Verma4) S.K.Kailash Chandra5) None

20. Reconstituted the advisory board on bank, commercial and financial frauds headed by .....1) Usha Thorat2) Prathip Chaudhuri3) Shyamala Gopinath4) Chanda Kocchar5) None

21. High powered committee headed by ..... will submit recommendations of merger of SBI Associates with SBI?1) K.Ranganathan2) Prathip Chaudhuri3) S. Vishwanathan4) Rajyam Bhaskar5) None

22. First Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) meeting recently held at .......1) Port Louis2) New Delhi

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3) Beijing4) Singapore5) Mali

23. Who heads the RBI panel recently said that to encourage housing activity, introduction of fixed-rate loans for up to 30 years?1) A.Prabhakar2) Alok Kumar Mishra3) K.K.Vohra4) M.D.Mallya5) Narendra Singh

24. R J Kamath given recommendations on ...1) Home Loan2) Travel Loan3) Education Loan4) Consumption Loan5) None

25. Narasimhan committee relates to banking reforms, Usha Thorat committee deals with Financial Inclusion, Rajmannar committee recommends on ........1) Inspection of Banks in North-Eastern states2) Individual Bank applications regarding branch license3) Issuing of Demand Draft4) Changes in Banking Laws and regarding cheque bounce5) None

26. RBI permitted to open first Sharia based Non Banking Finance Company in ........ ?1) Goa2) Jammu & Kashmir3) Kerala4) Odisha5) AP

27. High level panel headed by Deepak Parekh has recommended increasing tariff for both the imported coal-based thermal station. Deepak Parekh is ....... ?1) Chairman, PMEC2) Chairman, NSE3) Chairman, HDFC4) Chairman, TCS5) None

28. Empowered Committee of States' Finance Ministers on Goods and Services Tax (GST) elected Abdul Rahim Rather as its new Chairman on 22 July 2013. He is ....1) Finance Minister of Rajasthan2) Minister of State for Finance3) Advisor to Government of India in Commerce and Trade4) Chairman of Indian Overseas Bank5) Finance Minister of Jammu & Kashmir

29. To prepare a report on the socioeconomic, health and educational status of the tribal communities of India, on 17th August 2013, the government appointed a committee headed by .........1) Ms. Sunila Basant2) Dr. K.K. Mishra3) Dr. Usha Ramanathan4) Dr. Joseph Bara5) Prof. Virginius Xaxa

30. Rogers Cup won by .............1) Andy Murray2) Roger Federer3) Rafael Nadal4) David Ferrer5) None

31. ....... has been appointed as the Chairperson of the National School of Drama Society?1) Shabana Azmi2) Girish Karnad3) Ratan Thiyam4) Madhavi Latha5) Leela Samson

32. World day against child labour .........1) 12 January2) 18 May3) 12 June4) 1 December5) None

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33. Shakuntala Devi recently passed away. She was a distinguished ...........1) Famous chemist2) Classical singer3) Cricket player4) Mathematical genius5) None

34. POS' is the acronym used in banking. It means .........1) Point of Sales Terminal2) Personal Omission Script3) Pending Off Sales4) Pointed Open Sales5) Post Office Sales

35. NIM stands for ............. ?1) Net Interest Minimum2) Not Interest Margin3) Net Internal Margin4) Net Interest Margin5) Net Interest Module

36. Ways and Means is the load of Advances provided by the RBI to ........1) Central Government2) Banks3) State Government4) NABARD5) None

37. Tuareg rebels are active in which of the following countries?1) Pakistan2) Bangladesh3) Nepal4) Afghanistan5) Mali

38. The book titled 'Shoes of the Dead' is written by who among the following?1) Ravinder Singh2) Kaliangar Karunanidhi3) Khaled Hosseini4) Amish Tripathi5) Kota Neelima

39. First woman Managing Director of SBI?1) Arundhati Bhattacharya2) Kamilini Bhattacharya3) Aruna Bhattacharya4) Seetha Bhattacharya5) None

40. Which bank opened Customer Service Point (CSP) to extend financial inclusion targeting urban poor?1) Union Bank of India2) ICICI3) SBI4) Syndicate Bank5) Yes Bank

41. 'Maa Thota' scheme in Andhra Pradesh sponsored by ........... to improve the lot of tribal families.1) Andhra Bank2) Union Bank of India3) NABARD4) NHB5) RBI

42. Which Bank in India opened India's first offshore banking Unit?1) SBH2) ICICI 3) SBI4) Axis5) Bank of Baroda

43. .......... promoted Securities Trading Corporation of India Limited (STCI) jointly with the Public sector Banks.1) RBI2) SBI3) UTI4) LIC5) SEBI

44. Which banks have comfortably retained the top rank in terms of profits/ employee, as per the data released by the Reserve Bank of India on 30 June 2013?

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1) Public Sector Banks2) Private Sector Banks3) Foreign Banks4) Co-operative Banks5) Rural Banks

45. On 11 July 2013, the Union Cabinet approved to set up a national university for women by the name of 'The Indira Gandhi National University for Women' at Raibareli in .........1) Madhya Pradesh2) Rajasthan3) Goa4) Sikkim5) Uttar Pradesh

ANSWERS:1-2  2-3  3-3  4-3  5-3  6-2  7-2  8-1  9-3  10-311-1  12-1  13-4  14-4  15-5  16-5  17-1  18-2  19-3  20-321-3  22-1  23-3  24-3  25-4  26-3  27-3  28-5  29-5  30-331-3  32-3  33-4  34-1  35-4  36-3  37-5  38-5  39-1  40-341-3  42-3  43-1  44-3  45-5

1. The new Governor of Bank of England is………………. Ans: Mark Carney (old Mervyn king)

2. New Authority in place of the Directorate General of Civil Aviation. Ans: Civil Aviation Authority

3. How much Surplus Profit has been transferred by the RBI to the centre Govt for the year ended on June, 2013? Ans: Rs.33000cr

4. RTI online was inaugurated by…… Ans: Mr.Narayanasamy (Minister Personal Public Grievance & Pensions)

5. Name the 69th Male sportsman in the ‘Hall of Fame’ by ICC. Ans: Shane Warne

6. Gold Imports in 2012-13 was… Ans: 846 tonnes

7. ‘Cash for Vote’ a Rs.10cr scam is related to…… Ans: Indian Railways

8. Nitaqat (S Arabia) dead line is Nov3, 2013 whereas CTS-2010 dead line is ……….. Ans: Dec 31, 2013

9. Contribution of Manufacturing in the GDP is…………… Ans: 16%

10. India’s GDP growth in 2012-13 was…………. Ans: 5%

11. Name the company providing 4-G Airwaves to all 22 circles………. Ans: Reliance Industries Co.Ltd.

12. How many cities having more than 1 million populations? Ans: 53

13. Sardar Sarovar Dam is on river Narmada which is in…………. Ans: Madhya Pradesh

14. Disinvestment Target thru PSU stake sales in Current Financial Year is…………. Ans: Rs.40000

15. Due to …………….. Virus S.Arabia restricted the Pilgrimage visas to Elderly people. Ans: Corona virus

16. Which Nation was infested by the Locust? Ans: Madagascar

17. Interest Subvention (Subsidy) for the Exporter is………. Ans: 3%

18. What will be the interest rate for Farmers who pay the ‘Corp Loan’ regularly? Ans: 4%

19. Corp Loan limit is Rs.3 lac and rate of interest on Corp Loan is…… Ans: 7%

20. India’s Money Supply (M3)/Board Money reached as on Aug.2013 Ans: Rs.87trillions

21. The Badminton player is called Shuttler where as the Table Tennis player is called Ans: Paddler

22. Name the 1st Indian Women who won Bronze in the World Badminton Championship held in Guangzhou. Ans: P V Sindhu

23. In the World Badminton Championship, in Semi Final P V Sindhu loses to Ans: Ratchanok in thanon of Thailand

24. On Swapping of Criminals with Bangladesh, Anup Chetia of India’s criminal will be swapped with Ans: Subrata Bain & Sazzad Hussain

25. Retirement Age of Central Government Employee was raised from 58 to 60 years, last time in Ans: 1998

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26. Export Target in 2012-13 was $ 300bn whereas for 2013-14 it is? Ans: $325bn

27. Who has been appointed as the new President of ASSOCHAM in place of Mr.Raj Kumar Dhoot? Ans: Mr.Rana Kapoor

28. Corporate Bonds is Issuance in 2012-13 was Rs.2.51trillion($50.26bn)where as in 2012-13 it was Ans: Rs.3.5 trillion ($70bn)

29. Period of realization and repatriation for Exporters changed from 12 months to ……….. Ans: 9 months

30. Banks have to maintain …………..Cash Reserve Ratio on Daily Basis. Ans: 99%

31. Liquidity Adjustment Facility (LAF) Limits is ………….. of the NDTL (Net Demand &Time Liability). Ans: 0.5%

32. What is the Concessional Tax rate for FII &QFI on Corporate Rupee Bonds? Ans: 5 %

33. What is ‘Izumo’? Ans: Japan’s biggest warship recently launched

34. What was the Net Non Performing Assets of Banks in 2012-13? Ans: Rs.9282cr

35. Japan’s National Debt has reached at 1008.6 trillion yen, and Fiscal Deficit is 2012 was.. Ans: 10.3% of the GDP

36. How many people in USA in Hindi specking, as per Census Bureau Report? Ans: 6.5lac

37. Due to In ordinate delays and problems of land acquition, name the companies pulled out their projects from India. Ans: Posco form Karnataka & Arcelor Mittal from Orrisa

38. What is the rate of Interest on FCNR (B) deposits? Ans: PLUS LIBOR 4%

39. Why is the Lasalgaon of Nasik (Maharastra) famous for? Ans: It is the hub of Onions

40. Unemployment rate in UK is…. Ans: 7.8%

41. Which country in Europe has the highest rate of unemployment? Ans: Spain 27.5%

42. In Europe the nation having the highest growth rate of GDP. Ans: Portugal (1.1%), 2nd Germany (0.7%), 3rd France (0.5%)

43. Massive Students protect against the China Govt took place in 1989 at. Ans: Tiananmen Square in Beijing

44. Rajiv Gandhi Grameen Vidhutilkaran Yojna is implemented in a village where population is more than . Ans: 100 persons

45. India’s Largest lender Bank and the 60th largest bank in the World is ……….. Ans: SBI

46. As per RBI’s report the proportion of Rural Banks to Urban Banks is…. Ans: 37% (it was 57% in 1994)

47. Under LRS (Liberalised Remittance Scheme) Resident individual limit has been changed from $200000 to ……….. Ans: $ 75000

48. Overseas Direct Investment limit of Indian Companies has been changed from 400% of their net worth to…. Ans: 100%

49. Who is the author of “the Moon Baller”? Ans: Gold Coins & Medallions 50. 23rd governor of RBI is ...... ? Ans: Raghuram Rajan