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Latest Nabarangpur District Court Junior Clerk Copyist Exam Question (Objective Questions), MCQ in English

Subjects : General Knowledge

Question Bank Nabarangpur District Court Junior Clerk Copyist Exam Paper III - English
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General Knowledge

Question 1Single 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 2Single 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 3Single 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 4Single 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 5Single 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 6Single Answer
Which of the following terms is used in Banking field ?
  1. A
    Zero Hour
  2. B
    Input devices
  3. C
    Privilege motion
  4. D
    Sedimentary
  5. E
    Invest rate swap
Question 7Single Answer
A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as?
  1. A
    Investment Banking 
  2. B
    Core Banking
  3. C
    Mobile Banking 
  4. D
    National Banking 
  5. E
    Specialized Banking 
Question 8Single Answer
Which of the following is necessary while opening deposit account in banks ?         
  1. A
    Will 
  2. B
    Registration
  3. C
    Nomination
  4. D
    Indemnity
  5. E
    Guarantee
Question 9Single Answer
Which of the following is not banking term?
  1. A
    Letter of credit
  2. B
    MIBOR
  3. C
    Factoring services
  4. D
    Entry load
  5. E
    None of the above
Question 10Single Answer
Systematic investment plans relates to:
  1. A
    Mutual Funds
  2. B
    Life Insurance Companies
  3. C
    Commercial Banks
  4. D
    Post office saving schemes
  5. E
    None of the above
Question 11Single Answer
Which is the following is / are third party products sold out by banks?
  1. A
    Mutual funds
  2. B
    Term deposits
  3. C
    Credit cards
  4. D
    All of these
  5. E
    None of the above
Question 12Single Answer
The first bank the Bank of Hindustan was established in:
  1. A
    1780    
  2. B
    1790
  3. C
    1770    
  4. D
    1802
  5. E
    1814
Question 13Single Answer
Which of the following NOT a Retail banking product ?
  1. A
    Checking account
  2. B
    Saving account
  3. C
    Money market account
  4. D
    Certificate of deposit (CD)
  5. E
    Mutual Fund
Question 14Single Answer
Which of the following is Not a Business (or commercial / investment) banking product ?
  1. A
    Business loan
  2. B
    Capital raisig
  3. C
    Checking account
  4. D
    Project finance
  5. E
    Term loan
Question 15Single Answer
The banker’s bank in any country called as:
  1. A
    Commercial bank
  2. B
    Central bank 
  3. C
    EXIM bank
  4. D
    Scheduled Bank
  5. E
    Development bank
Question 16Single Answer
Which of the following is the Central bank of India?
  1. A
    State Bank of India
  2. B
    National Bank for Agriculture and Rural Development
  3. C
    Export-Import Bank of India
  4. D
    Reserve Bank of India
  5. E
    None of the above
Question 17Single Answer
What is the Minimum balance required to be maintained for a saving account with cheque book facility?
  1. A
    Rs. 100            
  2. B
    Rs. 400
  3. C
    Rs. 500            
  4. D
    Rs.1000
  5. E
    Rs. 1500
Question 18Single Answer
Which of the following represents Profit and Loss Account ?
  1. A
    Position of profit on a particular date 
  2. B
    Position of profit for a given period
  3. C
    Position of loss for a given period
  4. D
    Both 2 and 3
  5. E
    None of the above
Question 19Single Answer
Which among the following is /are ‘Term Deposit’?
  1. A
    Fixed Deposit
  2. B
    Current Deposit
  3. C
    Recurring Deposit
  4. D
    All of the above 
  5. E
    None of the above
Question 20Single Answer
The first bank of limited liability managed by Indians was :
  1. A
    The Commercial Bank of India
  2. B
    Allahabad Bank
  3. C
    Oudh Commercial Bank
  4. D
    Punjab National bank ltd
  5. E
    None of the above
Question 21Single 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 22Single 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 23Single 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 24Single Answer
In India rural incomes are generally lower than the urban incomes, which of the following reasons account for this
            1. a large number of farmers are illiterate and know little about scientific agriculture
            2. prices of primary products are lower than those of manufactured products
            3. Investments in agriculture has been low when compared to investment in industry
  1. A
    1 and 3
  2. B
    2 and 3
  3. C
    1 and 2
  4. D
    1,2 and 3
Question 25Single Answer
Which of the following programmes aims at the promotion of savings among rural women
  1. A
    Rashtriya Mahila Kosh
  2. B
    Indira Mahila Yojna
  3. C
    Jawahar Rozgar Yojna
  4. D
    Mahila Samridhi Yojna
Question 26Single Answer
What is Net National Product
  1. A
    the money value of final goods and services produced annually in the economy
  2. B
    the money value of annual service generation in the economy
  3. C
    the money value of tangible goods produced annually in the economy
  4. D
    The money value of tangible goods available in the economy
Question 27Single Answer
National income is the 
  1. A
    net national product at market price
  2. B
    net national product at factor cost
  3. C
    net domestic product at market price
  4. D
    net domestic product at factor cost
Question 28Single Answer
Chelliah Committee of 1992 deals with the overhauling of our
  1. A
    financial system            
  2. B
    tax system
  3. C
    patents and copyrights  
  4. D
    Public sector undertakings
Question 29Single Answer
During which Five Year Plan was the annual growth rate of National Income the lowest
  1. A
    2nd plan
  2. B
    3rd plan
  3. C
    5th plan
  4. D
    6th plan
Question 30Single Answer
Which of the following taxes is a progressive tax
  1. A
    sales tax           
  2. B
    custom tax
  3. C
    excise tax         
  4. D
    income tax
Question 31Single Answer
Which of the following estimates the National Income in India
  1. A
    National Income Committee
  2. B
    Planning Commission
  3. C
    Reserve Bank Of India
  4. D
    Central Statistical Organisation
Question 32Single Answer
India changed over to the decimal system, coinage in
  1. A
    April 1951         
  2. B
    April 1955
  3. C
    April 1957         
  4. D
    April 1978
Question 33Single Answer
11th Five Year Plan aim at achieving 10% rural tele density in India from the present 1.9% by the year
  1. A
    2008     
  2. B
    2009
  3. C
    2010     
  4. D
    2012
Question 34Single Answer
Which one of the following statements Monitorable Socio Economic Target of the 11th Five Year Plan under the head Environment is not correct
  1. A
    treat urban waste water by 2011-12
  2. B
    Increase energy efficiency by 20% points by 2016-17
  3. C
    attain WHO standards of air quality in all major cities by 2011-12
  4. D
    increase forest and tree cover by 15% points
Question 35Single Answer
Who is the ex-officio chairman of Planning commission and National Development Council
  1. A
    President
  2. B
    Prime Minister
  3. C
    Finance Minister
  4. D
    Commerce Minister
Question 36Single Answer
Persons below the poverty line in Indian are classified as such based on wheather
  1. A
    they belong to agriculture labourer household and the scheduled caste/trive social group
  2. B
    they get work for a prescribed minimum number of days in a year
  3. C
    they are entitled to a minimum prescribed food basket
  4. D
    their daily waged fall below the prescribed minimum wages
Question 37Single Answer
Which of the following Committee’s recommendations are being followed for estimating proverty line in India
  1. A
    Dutt committee
  2. B
    Lakdawala committee
  3. C
    Cheliah Committee
  4. D
    Chakravorty Committee
Question 38Single Answer
In which year India adopeted liberal and free market principles
  1. A
    1975                 
  2. B
    1981
  3. C
    1991                 
  4. D
    2000
Question 39Single Answer
Consider the following statements
1. There is persistent investment over time only in select locals
2. some areas are agro climatically less conductive to development
3. some areas continue to face little or no agrarian transformation and the consequent lack of social and
4. some areas have faced continous political instability
            Which of the above statements are correct
  1. A
    1,2 and 3          
  2. B
    1,2 and 4
  3. C
    1,3 and 4          
  4. D
    2,3 and 4
Question 40Single Answer
When was first human development report of India issued
  1. A
    April 2001         
  2. B
    March 2000
  3. C
    June 2002
  4. D
    April 2002
Question 41Single Answer
How many censuses have been carried out since independence
  1. A
    5
  2. B
    6
  3. C
    7          
  4. D
    8
Question 42Single Answer
For which year the latest census is being conducted in India
  1. A
    2001                 
  2. B
    2010
  3. C
    2012     
  4. D
    2011
Question 43Single Answer
Which of the following are the features of 12th Five Year Plan -
        1. Average growth target has been set up 8.2%
        2. Areas of main thrust are infrastructure, health  and education
        3. it seeks to achieve 4% agriculture sector growth during five year period
  1. A
    1 only
  2. B
    1 and 2
  3. C
    1 and 3
  4. D
    1,2, and 3
Question 44Single Answer
The period of 12th Five Year Plan 
  1. A
    2007-12
  2. B
    2008-13
  3. C
    2010-15
  4. D
    2012-17
Question 45Single Answer
A closed economy is an economy in which
  1. A
    the money supply is fully controlled       
  2. B
    deficit financing takes place
  3. C
    only exports take place
  4. D
    neither exports nor imports take place
Question 46Single Answer
Consider the following statements
            1. a plan for the current year which includes the annual budget
            2. a plan for a fixed number of years, say 34, and 5
            3. it is revised every year as per requirements of the economy
            4. A perspective plan for 10,15 or 20 years
            Which of the above are correct
  1. A
    1 and 2
  2. B
    1 and 3
  3. C
    2 and 3
  4. D
    1,2,3 and 4
Question 47Single Answer
In the context of Indian Economy consider the following pairs
            Term                                                                 Most Appropriate Description
1. Melt Down                                                     Fall in stock prices
2. Recession                                                     Fall in growth rate
3. Slow down                                                    Fall in GDP
Which of the pairs given above is/are correctly matched
  1. A
    1 only
  2. B
    2 and 3
  3. C
    1 and 3
  4. D
    1,2 and 3
Question 48Single Answer
Deficit finacing means that the government borrows money from the 
  1. A
    IMF       
  2. B
    RBI
  3. C
    Local bodies     
  4. D
    Big Businessmen
Question 49Single Answer
In the context of India’s Five Year Plan a shift in the pattern of industrialization with lower emphasis on heavy industries and more on infrastructure begins in
  1. A
    4th plan
  2. B
    6th plan
  3. C
    8th plan
  4. D
    10th plan
Question 50Single Answer
Which of the following is/are an indicator of the financial health of a country
   1. GDP                          2. PPP
   3. FDI in a year                     
  1. A
    only 1   
  2. B
    only 2
  3. C
    only 3
  4. D
    1,2 and 3
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