1. Which two of the following nationalized banks have been merged as per the
recommendation of the Narsimhan Committee?
(a) New Bank of India and Bank of India
(b) Central Bank of India and Corporation Bank
(c) Parur Bank of India and Bank of India
(d) Punjab National Bank and New Bank of India
2. The acronym SRO, being used in the capital market for various market participants,
stands for which one of the following?
(a) Self-Regulatory Organisations
(b) Small Revenue Operators
(c) Securities Roll-back Operators
(d) Securities Regulatory Organisations
3. What do you understand by Bear raid?
(a) An attempt to bring down the price of strong short selling
(b) Simulataneous buying of shares and debentures in view of getting more values in near
future
(c) Higher rate of price paid for the particular government share or debentures
(d) Any of the above
4. Consider the following statements:
1. Reserve Bank of India was nationalized on 26 January, 1950
2. The borrowing programme of the Government of India is handled by the Department of
Expenditure, Ministry of Finance
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
5. What are gilt-edged securities?
(a) Securities issued by the multinationals
(b) Securities issued by the government
(c) Securities issued by the private sectors
(d) Securities issued by the joint venture companies
6. The functions of the Reserve Bank of India are:
1. issuing all notes and coins
2. distributing all notes and coins
3. formulating monetary policy
4. acting as agent of Government in respect of India's membership of the IMF
(a) 1, 3 and 4
(b) 2 and 3
(c) 2, 3 and 4
(d) 1, 2, 3 and 4
7. The central banking functions in India are performed by the:
(a) Central Bank
(b) State Bank of India
(c) Reserve Bank of India
(d) Both (b) and (c)
8. Bank rate is the rate at which:
(a) a bank lends to the public
(b) the Reserve Bank of India lends to the public
(c) the Government of India lends to other countries
(d) the Reserve Bank of India gives credit to commercial banks
9. The National Stock Exchange functions from:
(a) New Delhi
(b) Mumbai
(c) Nagpur
(d) Kolkata
10. Among the following, which one is not a credit rating agency operating in India?
(a) CRISIL
(b) ICRA
(c) Dow Jones
(d) CARE