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Objective Questions

Latest LIC AAO Specialist CA Exam Question (Objective Questions), MCQ in English

Subjects : Reasoning Ability, General Awareness with special reference to Insurance and Financial Market Awareness, Professional Knowledge (CA)

Question Bank LIC AAO Specialist (CA) Mains Exam - English
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Reasoning Ability

Question 1Single Answer
How many such pairs of letters are there in the word ‘CLEANLINESS’ each of the which has as many letters between them in the word as they have in the English alphabet, in the same sequence?
  1. A
    Two
  2. B
    Three
  3. C
    Five
  4. D
    Four
  5. E
    None of these
Question 2Single Answer
Team A has scored more goals than Team B
Team C has scored fewer goals than Team B
Team A has scored fewer goals than Team C .
If the first two statements are true, the third statement is
  1. A
    True
  2. B
    False
  3. C
    Uncertain
  4. D
    None
Question 3Single Answer
If it is possible to make only one meaningful word with the second, the third, the sixth and the eight letters of the word FRAGMENT using each only once, which of the following will be the third letter of that word ? If no such word can be formed, give ‘X’ as the answer and if more than one such word can be formed, give ‘Y’ as the answer.
  1. A
    A
  2. B
    E
  3. C
    T
  4. D
    X
  5. E
    Y
Question 4Single Answer
How many such letters are there in the word ORIENTAL each of which is as far away from the beginning of the word as when they are arranged alphabetically?
  1. A
    None            
  2. B
    One         
  3. C
    Two       
  4. D
    Three        
  5. E
    More than three
Question 5Single Answer
How many such pairs of letters in the word CREDIT each of which has as many letters between them in the word as in the English alphabet?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 6Single Answer
How many meaningful words can be made from the letters ‘LMEA’ using each letter only once in each word?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 7Single Answer
If it is possible to make only one meaningful word with the first, the second, the seventh and the eighth letters of the word TEMPORAL, which of the following will be the first letter of that word? If more than one such word can be made, give ‘Y’ as the answer and if no such word can be made, give ‘X’ as the answer.
  1. A
    T
  2. B
    L
  3. C
    E
  4. D
    Y
  5. E
    X
Question 8Single Answer
If the letters of the word HANDOVER are arranged alphabetically from left to right how many letters will remain at the same position?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 9Single Answer
How many such pairs of letters are there in the word EXCURSION, each of which has as many letters between them in the word as they have in the English alphabet?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 10Single Answer
If it is possible to make only one meaningful word with the first, the second, the third, the sixth and the eighth letters of the word DEVIATION first letter of that word is your answer? If more than one such word can be made formed your answer is ‘A’  and if no such word can be formed your answer is ‘B’.
  1. A
    V
  2. B
    T
  3. C
    E
  4. D
    A
  5. E
    B
Question 11Single Answer
If each alternate letter beginning with the first in the word WORKING is replaced by the next letter in the English alphabet and each of the remaining letters is replaced by the previous letter in the English alphabet, which of the following will be the fourth from the right and after the replacement ?
  1. A
    N
  2. B
    Q
  3. C
    J
  4. D
    M
  5. E
    None of these
Question 12Single Answer
How many pairs of letters are there in the word ‘SHIFTED’ each of which has as many letters between its two letters as there are between in the English alphabet?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    None of these
Question 13Single Answer
Passage :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z .
Which letter in this alphabet is the eighth letter to the right of the letter and which is tenth letter to the left of the last but one letter of the alphabet ?
  1. A
    X
  2. B
    W
  3. C
    I
  4. D
    H
Question 14Single Answer
Passage :
Direction : The following question is based on the five words given below:
AND FOR THE BIG SUM (The new words formed after performing the mentioned operations may or may not necessarily the meaningful English words.)
If the third alphabet of each of the words is changed to the next alphabet in the English alphabetical series, which of the following will form a meaningful English word?
  1. A
    SUM
  2. B
    BIG
  3. C
    Both BIG and THE
  4. D
    FOR
  5. E
    Both FOR and BIG
Question 15Single Answer
Passage :
Direction : The following question is based on the five words given below:
AND FOR THE BIG SUM (The new words formed after performing the mentioned operations may or may not necessarily the meaningful English words.)
If the given words are arranged in the order as they would appear in a dictionary from left to right, which of the following will be second from the right ?
  1. A
    AND
  2. B
    FOR
  3. C
    THE
  4. D
    BIG
  5. E
    SUM
Question 16Single Answer
Passage :
Direction: The following question is based on the five words given below:
AND FOR THE BIG SUM (The new words formed after performing the mentioned operations may or may not necessarily the meaningful English words.)
If second alphabet in each of the words is changed to next alphabet in the English alphabetical order, how many words having two vowels (same or different vowels) will be formed ?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    Four
Question 17Single Answer
Passage :
Direction : The following question is based on the five words given below:
AND FOR THE BIG SUM (The new words formed after performing the mentioned operations may or may not necessarily the meaningful English words.)
How many letters are there in the English alphabetical series between the second letter of the word which is second from the right and the second letter of the word which is second from the left of the given words?
  1. A
    Two
  2. B
    Five
  3. C
    Six
  4. D
    Nine
  5. E
    Three
Question 18Single Answer
Passage :
Direction: The following question is based on the five words given below:
AND FOR THE BIG SUM (The new words formed after performing the mentioned operations may or may not necessarily the meaningful English words.)
If in each of the given words, each of the consonant is changed to previous letter and each vowel is changed to next letter in the English alphabetical series, in how many words thus formed will no vowels appear?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 19Single Answer
Passage :
Direction : Following question is based on five words given below:
BRU LEGINKCATOWN
(The new words formed after performing the mentioned operations may or may not necessarily be meaningful English words)
If the third alphabet in each of the words is changed to the next alphabet in the English alphabetical order, how many words having two vowels (same or different vowels) will be formed?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    Four
Question 20Single Answer
Passage :
Direction : Following question is based on five words given below:
BRU LEGINKCATOWN
(The new words formed after performing the mentioned operations may or may not necessarily be meaningful English words)
If the position of the first and the second alphabets of each of the words are interchanged, which of the following will form a meaningful English word?
  1. A
    Both CAT and OWN
  2. B
    Both BRU and INK
  3. C
    Only CAT
  4. D
    Only INK
  5. E
    Only LEG
Question 21Single Answer
Passage :
Direction: Following question is based on five words given below:
BRU LEGINKCATOWN
(The new words formed after performing the mentioned operations may or may not necessarily be meaningful English words)
If the given words are arranged in the order as they would appear in a dictionary from left to right, which of the following will be exactly in the middle of the five words?
  1. A
    OWN
  2. B
    LEG
  3. C
    BRU
  4. D
    CAT
  5. E
    INK
Question 22Single Answer
Passage :
Direction: Following question is based on five words given below:
BRU LEGINKCATOWN
(The new words formed after performing the mentioned operations may or may not necessarily be meaningful English words)
If in each of the given words, each of the consonants is changed to previous letter and each vowel is changed to next letter in the English alphabetical series, in how many words thus formed will the same alphabet appear twice?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 23Single Answer
Passage :
Find the missing number in the following series ?
3, 5, 5, 19, 7, 41, 9, ?
  1. A
    71
  2. B
    61
  3. C
    79
  4. D
    69
Question 24Single Answer
Passage :
Direction:  following question is based on five words given below:
 LAP BUT CAR SON HID
(The new words formed after performing the mentioned operations may or may not necessarily be meaningful English words.)
If the positions of the first and the third alphabets of each of the words are interchanged, which of the following would form meaningful words with the new arrangement?
  1. A
    HID
  2. B
    SON
  3. C
    Both LAP and BUT
  4. D
    CAR
  5. E
    Both CAR and LAP
Question 25Single Answer
Passage :
Direction:  following question is based on five words given below:
LAP   BUT   CAR   SON   HID  
(The new words formed after performing the mentioned operations may or may not necessarily be meaningful English words.)
If the given words are arranged in the order as they would appear in a dictionary from left to right, which of the following will be fourth from the left?
  1. A
    LAP
  2. B
    BUT
  3. C
    CAR
  4. D
    SON
  5. E
    HID
Question 26Single Answer
Passage :
Direction : following question is based on five words given below:
 LAP BUT CAR   SON   HID  
(The new words formed after performing the mentioned operations may or may not necessarily be meaningful English words.)
If in each of given words, each of the consonants is changed to previous letter and each vowel is changed to next letter in the English alphabetical series, in how many words thus formed will at least one vowel appear?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 27Single Answer
Passage :
Direction : following question is based on five words given below:
LAP BUT CAR   SON   HID  
 (The new words formed after performing the mentioned operations may or may not necessarily be meaningful English words.)
How many letters are there in the English alphabetical series between the third letter of the word which is third from the right and the first letter of the word which is first from the left of the given word?
  1. A
    Two
  2. B
    Five
  3. C
    Six
  4. D
    Nine
  5. E
    Three
Question 28Single Answer
Passage :
Direction: following question is based on five words given below:
LAP BUT CAR   SON   HID  
 (The new words formed after performing the mentioned operations may or may not necessarily be meaningful English words.)
If second alphabet in each of the words is changed to next alphabet in the English alphabetical order, how many words having no vowels will be formed?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 29Single Answer
Passage :
Direction: following letter is based on the five three letter words given below:
PIN ROD DEN   SAT   FUN
(Note: The words formed after performing the given operations may or may not be meaningful English words.)
If all the letters in each of the words are arranged alphabetically (within the word), how many words will remain unchanged?
  1. A
    One
  2. B
    Two
  3. C
    Three
  4. D
    More than three
  5. E
    None
Question 30Single Answer
Passage :
Direction: following letter is based on the five three letter words given below:
PIN ROD DEN SAT FUN
(Note: The words formed after performing the given operations may or may not be meaningful English words.)
According to the English alphabetical series how many letters are there between the first letter of the third word and the first letter of the fifth word?
  1. A
    Two
  2. B
    One
  3. C
    None
  4. D
    Three
  5. E
    More than three

General Awareness with special reference to Insurance and Financial Market Awareness

Question 31Single Answer
Which if the following is TRUE about the meaning of a bank?
  1. A
    It is a financial establishment
  2. B
    It acts like a financial intermediary
  3. C
    It accepts deposits from the public 
  4. D
    It provides safe locker facility
  5. E
    All the above
Question 32Single Answer
Which of the following is NOT true about the functioning of a bank ?
  1. A
    A bank should always add the word “bank” to its name.
  2. B
    They include general utility services and agency services.
  3. C
    A bank is a non-profit organization having service oriented approach.
  4. D
    A bank acts as a connecting link between borrowers and lenders of money.
  5. E
    A bank lends out money in the form of loans to those who require it for different purposes.
Question 33Single Answer
Which of the following is NOT a banking service?
  1. A
    Issuance of debit and credit cards
  2. B
    Providing safe custody of valuable items 
  3. C
    ATM services
  4. D
    Provision for higher interest rates to the accounts held by women
  5. E
    Online transfer of funds across the globe
Question 34Single Answer
The definition of Banking is given in which of the following ACTs?
  1. A
    Negotiable Instrument Act 1881
  2. B
    Reserve Bank of India (RBI) Act 1934
  3. C
    Banking Regulation Act 1949
  4. D
    Company Act 1956
  5. E
    None of the above
Question 35Single Answer
Banks in India are regulated by :
  1. A
    The Reserve Bank of India Act,1934
  2. B
    The Banking regulation Act,1949
  3. C
    The Reserve Bank of India (Amendment and Misc. Provisions) Act, 1953
  4. D
    The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980
  5. E
    None of the above
Question 36Single Answer
Yojna a weekly journal
  1. A
    Ministry of Finance        
  2. B
    Ministry of Information and Broadcastin
  3. C
    Ministry of Rural Development
  4. D
    Planning Commission
Question 37Single Answer
Kurukshetra a journal on rural development is published by
  1. A
    Ministry of Finance 
  2. B
    Ministry of Information and Broadcastin
  3. C
    Ministry of Rural Development
  4. D
    Planning Commission
Question 38Single Answer
Devaluation of a currency means
  1. A
    Fixing the value of the currency in conjuction with the movement in the value of a basket of predetermined currencies
  2. B
    Reduction in the value of a currency vis-à-vis major internationally traded currencies
  3. C
    Fixing the value of currency in multilateral consultaion with the IMF the World Bank and major trading partners
  4. D
    Permitting the currency to seek its worth in the international market
Question 39Single Answer
Sattriya dance form is famous in which of these states ?
  1. A
    Assam
  2. B
    Himachal Pradesh
  3. C
    Punjab
  4. D
    Tamil Nadu
Question 40Single Answer
Which is the national game of Bhutan ?
  1. A
    badminton
  2. B
    basketball
  3. C
    football
  4. D
    archery
Question 41Single Answer
Which institution is known as the "banker's bank" in India?
  1. A
    SBI
  2. B
    RBI
  3. C
    NABARD
  4. D
    SIDBI
Question 42Single Answer
The primary objective of the RBI is:
  1. A
    Profit maximization
  2. B
    Price stability and growth
  3. C
    Employment generation
  4. D
    Promoting exports
Question 43Single Answer
The current Governor of the Reserve Bank of India is:
  1. A
    Urjit Patel
  2. B
    Raghuram Rajan
  3. C
    Shaktikanta Das
  4. D
    Bimal Jalan
Question 44Single Answer
Which of the following is NOT a function of the RBI?
  1. A
    Issuing currency
  2. B
    Accepting deposits from the public
  3. C
    Acting as banker to the government
  4. D
    Regulating banks
Question 45Single Answer
Which of the following defines inflation?
  1. A
    A decrease in the general price level.
  2. B
    A sustained increase in the general price level.
  3. C
    A stable price level.
  4. D
    A rapid increase in the value of money.
Question 46Single Answer
What is the primary cause of demand-pull inflation?
  1. A
    Increased production costs.
  2. B
    Increased aggregate demand.
  3. C
    Decreased money supply.
  4. D
    Decreased government spending.
Question 47Single Answer
Which of the following is a consequence of high inflation?
  1. A
    Increased purchasing power.
  2. B
    Decreased uncertainty.
  3. C
    Erosion of purchasing power.
  4. D
    Increased savings.
Question 48Single Answer
Which Indian state launched the ‘Green Energy Villages’ initiative in 2025 to promote renewable energy?
  1. A
    Uttar Pradesh
  2. B
    Rajasthan
  3. C
    Tamil Nadu
  4. D
    Gujarat
Question 49Single Answer
Which organization developed the K-6 hypersonic Submarine-Launched Ballistic Missile (SLBM) tested in 2025?
  1. A
    ISRO
  2. B
    HAL
  3. C
    Bharat Dynamics Limited
  4. D
    DRDO
Question 50Single Answer
What is the primary focus of the RBI Master Circular on Credit Facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs) issued on June 16, 2025?
  1. A
    Increasing loan interest rates
  2. B
    Enhancing credit access for marginalized communities
  3. C
    Reducing loan disbursements
  4. D
    Promoting digital banking
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