Bank Exams Questions Answers

1. The most densely populated country in South Asia is—
(A) Bangladesh
(B) India
(C) Maldives
(D) Sri Lanka
Ans : (C)

2. Revenue Deficit as a per cent of GDP in Budget 2010-11 has been estimated at—
(A) 1•0%
(B) 5•3%
(C) 4•4%
(D) 4•0%
Ans : (D)

3. Which country among the following gets the highest HDI ranking in Human Development Report 2007 ?
(A) Iceland
(B) USA
(C) United Kingdom
(D) Japan
Ans : (A)


4. ‘Aam Admi Bima Yojana’ a social security scheme for rural landless households is implemented by the noddle agency—
(A) National Insurance Co.
(B) State Government
(C) UTI
(D) LIC
Ans : (B)

5. NOAPS has been renamed as Indira Gandhi National Old Age Pension Scheme with its extended scope. Now this scheme will include all old age persons—
(A) Living below poverty line
(B) Above 60 years age
(C) Above 65 years age
(D) Both (A) and (C)
Ans : (D)

6. The Ex-officio Secretary of NDC is—
(A) Secretary of Finance Ministry
(B) General Secretary of Lok Sabha
(C) Secretary of Planning Commission
(D) Vice Chairman of Planning Commission
Ans : (C)

7. For charters and cargo services, what is the new FDI ceiling announced by the government ?
(A) 100%
(B) 74%
(C) 26%
(D) 49%
Ans : (B)

8. In National Mineral Policy (1993) which mineral was allowed for having investment from private sector—
(A) Coal
(B) Iron
(C) Gold
(D) Platinum
Ans : (A)

9. The share of road transport in total transport of the country is—
(A) 20%
(B) 40%
(C) 60%
(D) 80%
Ans : (D)

10. Minimum Support Price is recommended by—
(A) ICAR
(B) State Government
(C) Ministry of Agriculture
(D) CACP
Ans : (D)

11. Which percentage of Gross Central Taxes have been recommended by the 13th Finance Commission to be transferred to States ?
(A) 28•5%
(B) 29•5%
(C) 39•5%
(D) 31•5%
Ans : (C)

12. Which state possesses the maximum percentage of SC population ?
(A) U.P.
(B) M.P.
(C) Kerala
(D) Punjab
Ans : (D)

13. Government has made an announcement in Parliament to provide telephone connection to every household in the country by—
(A) 2020
(B) 2025
(C) 2040
(D) 2030
Ans : (C)

14. What is ‘NIKKEI’ ?
(A) Share Price Index of Tokyo Share Market
(B) Name of Japanese Central Bank
(C) Japanese name of Country’s Planning Commission
(D) Foreign Exchange Market of Japan
Ans : (A)

15. Which statement is correct for Indian Planning Commission ?
(A) It is not defined in Indian Constitution
(B) Members and Vice-Chairman of it do not have fixed working duration
(C) Members do not require any minimum education
(D) All of these
Ans : (D)

16. Which State of the following has not yet adopted VAT (Value Added Tax) ?
(A) Tamil Nadu
(B) Uttar Pradesh
(C) Gujarat
(D) None of the above
Ans : (D)

17. Service Tax revenue collection for 2010-11 (Budget estimates) was proposed at—
(A) Rs. 68,000 crore
(B) Rs. 65,000 crore
(C) Rs. 50,200 crore
(D) Rs. 74,460 crore
Ans : (A)

18. NABARD was established on the recommendation of—
(A) Public Account Committee
(B) Shivaraman Committee
(C) Narsimham Committee
(D) None of these
Ans : (B)

19. Sampurna Gramin Rojgar Yojana was launched on—
(A) 1st April, 2001
(B) 25th Sept., 2001
(C) 30th Sept., 2001
(D) No scheme of such title has yet launched
Ans : (B)

20. Which company is providing mobile service with the name ‘Cell One’ to the consumers ?
(A) MTNL
(B) BSNL
(C) Reliance Infocom
(D) Bharti Tele
Ans : (B)