Q.1) Recently, there has been an upsurge in the
NPAs of the public sector banks, which of the
following is/are not the factor(s) responsible?
1. Lower economic growth in the country.
2. Aggressive lending by banks in the past,
especially during the high growth period.
3. Lack of legal provisions for loan- recovery.
4. Banks switching over to a system based
identification of NPAs.
5. Natural calamities.
Select the correct answer using the codes given
below:
a) 1, 3 and 5 only
b) 2, 4 and 5 only
c) 1 and 2 only
d) 3 and 5 only
Q.2) Consider the following statements regarding
classification of Asteroids:
1. C-type asteroids are composed of silicate
materials and nickel-iron.
2. S-type asteroids are made up of clay and silicate
rocks.
3. M-type of asteroids have a metallic
composition.
Which of the statements given above is/are
correct?
a) 1 only
b) 2 and 3 only
c) 3 only
d) 1, 2 and 3
Q.3) Which of the following steps will not be
taken by RBI if it decides to adopt an
‘expansionist’ monetary policy?
1. Cut Bank Rate and Cash Reserve Ratio.
2. Increase Marginal Standing Facility Rate.
3. Decrease Statutory Liquidity Ratio.
4. Increase the Reverse Repo Rate.
Select the answer using the code given below:
a) 1 and 2 only
b) 2 and 3 only
c) 2 and 4 only
d) 3 and 4 only
Q.4) With reference to ‘Industry 4.0’, consider
the following statements:
1. India has become the first country in the world
where World Economic Forum has opened its
centre for Fourth Industrial Revolution.
2. The 4th industrial revolution includes cyberphysical
systems, the Internet of things and big
data analytics.
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
Q.5) Consider the following statements regarding
‘Marginal Cost of funds based Lending Rate’
(MCLR):
1. It aims to improve the transmission of policy
rates into the lending rates of banks.
2. It helps the banks to become more competitive
and enhance their long run value.
3. It ensures availability of bank loans at interest
rates which are fair to the borrowers as well as
the banks.
4. It aims to improve transparency in the
methodology followed by banks for
determining interest rates.
Which of the statements given above is/are
correct?
a) 3 and 4 only
b) 1, 2, 3 and 4
c) 2, 3 and 4 only
d) 1, 2 and 4 only
Q.6) Consider the following statements regarding
Sovereign Gold Bond (SGB) Scheme:
1. These bonds are restricted for sale to
individuals and Hindu Undivided Families
(HUFs) only.
2. The capital gains tax arising on redemption of
an SGB has been exempted.
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
Q.7) Arrange the following according to their
increasing order of ‘liquidity’:
1. Saving deposits with the banks.
2. Currency and coins with the public.
3. Demand deposits with the banks.
4. Term deposits with the banks.
Select the correct answer using the code given
below:
a) 4-1-3-2
b) 2-3-4-1
c) 3-4-1-2
d) 1-2-3-4
Q.8) Consider the following statements:
1. A Palaeochannel is a channel that is no longer
part of an active river system and has ceased to
be a conduit of water.
2. Palaeochannels are commonly occurring
landforms in hilly terrain.
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
Q.9) Consider the following statements:
1. Pradhan Mantri Suraksha Bima Yojana offers
a renewable one-year accidental death-cumdisability
cover to all the subscribing bank
account holders in the age group of 18 to 70
years.
2. Pradhan Mantri Jeevan Jyoti Bima Yojana
offers a renewable one-year term life cover of
Rs 2 lakh to all subscribing bank account
holders in the age group of 18-50 years.
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
Q.10) Consider the following statements
regarding BRAHMOS Supersonic Cruise Missile:
1. It is developed by BrahMos Aerospace Pvt. Ltd.
(BAPL), New Delhi.
2. It is capable of being launched from land, sea,
sub-sea and air against surface and sea-based
targets.
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
Q.11) Consider the following statements:
1. A Balanced Budget is a budget with zero
Revenue Deficit.
2. Gender budgeting is the allocation of funds on
the basis of gender.
Which of the statements given above is/are not
correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Q.12) Consider the following statements
regarding the ‘School Education Quality Index’
(SEQI):
1. It has been developed by the Ministry of Skills
Development and Entrepreneurship (MSDE)
to evaluate the performance of States and
Union Territories (UTs) in schools.
2. Kerala and Manipur have bagged the top spot.
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
Q.13) The process where all the outstanding
demands of Budget are directly put to vote
without further discussion in the House is known
as:
a) Policy Cut Motion
b) Guillotine
c) Simple Closure
d) Kangaroo Closure
Q.14) Consider the following statements
regarding Climate Vulnerability Map of India:
1. The map is being developed indigenously by
the Department of Science and Technology
(DST) in collaboration with World Bank.
2. The map is being developed at a national level
for the government to distribute funds to
district authorities.
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
Q.15) The establishment of payment banks is
being allowed in India to promote financial
inclusion. Which of the following statements
is/are correct in this context?
1. Mobile telephone companies and supermarket
chains that are owned and controlled by
residents are eligible to be promoters of
payment banks.
2. Payment banks can issue both credit cards and
debit cards
3. Payment banks cannot undertake lending
activities
Select the correct answer using the code given
below:
a) 1 only
b) 1 and 3 only
c) 2 only
d) 1, 2 and 3
Q.16) Consider the following statements:
1. National Tiger Conservation Authority
(NTCA), established in 2005, oversees the
management of Project Tiger and Tiger
Reserves in India.
2. Uttarakhand has the highest number of tigers
followed by Karnataka and Madhya Pradesh.
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
Q.17) Consider the following statements about
Non-Resident Indian Deposits:
1. Foreign Currency Non-resident (Bank)
Accounts can be opened by NRIs and Overseas
Corporate Bodies (OCBs).
2. When a resident becomes an NRI, his existing
rupee accounts are designated as Foreign
Currency Non-Resident (Bank) Account.
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
Q.18) Consider the following statements
regarding India Economic Summit:
1. The summit is being held by the World
Economic Forum in collaboration with the
Confederation of Indian Industry.
2. The summit aims to accelerate the Fourth
Industrial Revolution.
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
Q.19) Fiscal Policy in India is formulated by which
of the following?
a) The Reserve Bank of India
b) NITI Aayog
c) Ministry of Finance
d) The Finance Commission
Q.20) Consider the following statements
regarding Pneumoconiosis:
1. It is the general term for a class of interstitial
lung diseases.
2. It is occupational health disease and mostly
affects workers who work in the mining and
construction sectors.
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
Q.21) Which of the following were the features of
‘Deficit Financing’ in India during the period
1970-1991?
1. Excessive employment creation by PSUs.
2. Centralised planned development.
3. High burden of subsidies.
Select the correct answer using the code given
below:
a) 1 and 3 only
b) 2 and 3 only
c) 3 only
d) 1, 2 and 3
Q.22) Consider the following statements with
reference to GRAPES-3:
1. It can be used to measure the size and height of
a thundercloud.
2. It is designed to study cosmic rays and detect
muons and other particles.
3. Muons are produced when cosmic rays
bombard air particles surrounding the earth.
Which of the statements given above is/are
correct?
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) 1, 2 and 3
Q.23) Consider the following statements
regarding financial markets in India:
1. Short term financial market is known as
Capital Market, while the long term financial
market is known as Money Market.
2. Short term financial market fulfils
requirements of funds for a period maximum
upto 90 days.
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
Ans) d
Q.24) With reference to ‘Assam accord’, recently
seen in the news, consider the following
statements:
1. It was signed in 1985 after the Assam agitation.
2. It resulted in the establishment of a Bodoland
Territorial Council under the Sixth Schedule
of the Constitution of India.
3. It provided special protection to the sociocultural
and linguistic identities of Assam.
Which of the statements given above is/are
correct?
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) 1, 2 and 3
Q.25) Consider the following statements
regarding Direct Benefit Transfer (DBT):
1. It aims to transfer subsidies directly to the
people through their bank or post office
accounts.
2. It covers all centrally sponsored schemes.
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
Q.26) Consider the following statements
regarding ‘CHANG’E-4’:
1. It is the first lunar probe to successfully soft
land on the far side of the moon.
2. This mission is a joint collaboration of
Japanese and European Space Agencies.
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
Q.27) With reference to ‘Treasury Bills’, consider
the following statements:
1. They are issued to get short term loans.
2. They are issued by the RBI.
3. States are not allowed to issue Treasury Bills.
Which of the statements given above is/are
correct?
a) 1 only
b) 2 only
c) 1 and 2 only
d) 1, 2 and 3
0 Comments