221. Who was the Prime Minister of Britain when India got Independence?
a) Harold Wilson
b) Lloyd George
c) Chamberlain
d) Clement Atlee
Ans : D
222. The Acharyawho established “matths” in all the four corners of India
a) Ramanuja
b) Sankara
c) Madhava
d) Vallabha
Ans : B
223. Sir C.V.Raman was the first Nobel Laureate in Physics from theIndian Sub-continent.Who was the second?
a)Dr.A.P.J.Abdul Kalam
b) Dr.S.S.Bhatnagar
c) Dr.Hargovind Khorana
d)Prof.AbdusSalam of Pakistan
Ans : D
224. Free India’s First Education Ministerwas
a)M.C. Chagla
b) Maulana Kalam Azad
c) Rafi Ahmed Kidwai
d) N.G.Ayyangar
Ans : B
225. Who was the first Viceroy of India ?
a)Lord Clive
b)Lord Warren Hastings
c)Lord Canning
d)Lord Cornwallis
Ans : C
226. The servants of India society was founded by
a)Blavatsky &Olcott,1866
b)Gopalkrishna Gokhale,1905
c)M.G.Ranade,1867
d)Sir S.A.Khan,1920
Ans : B
227. Under whose Vice Royalty was Tipu Sultan Defeated
a)Lord Cornwallis
b)Lord Wellesley
c)Lord Hastings
d)Lord Canning
Ans : B
228. The famous”Al-Berauni”is associated in Indian history with
a)Mohd.Tughlaq
b) Mohd.Ghori
c)Mahmood of Ghazni
d)Allau-ud-din Khilji.
Ans : C
229. Battle of Buxarwas fought in the year
a)1757
b)1764
c)1576
d)1565
Ans : B
230. Kalidas was the court poet of
a)Chandragupta-II
b)Chandragupta Maurya
c)Harshavardhan
d)Kharavela
Ans : A
231. RBI’s open market operation transactions are carried out with a view toregulate ____
(A) Liquidity in the economy
(B) Prices of essential commodities
(C) Inflation
(D) Borrowing power of the banks
(E) All the above
Ans (E)
232. Open market operations , one of the measures taken by RBI in order tocontrol credit expansion in the economy me
(A) Sale or purchase of Govt. securities
(B) Issuance of different types of bonds
(C) Auction of gold
(D) To make available direct finance to borrowers
(E) None of these
Ans (A)
233. The bank rate me
(A) Rate of interest charged by commercial banks from borrowers
(B) Rate of interest at which commercial banks discounted bills of their borrowers
(C) Rate of interest allowed by commercial banks on their deposits
(D) Rate at which RBI purchases or rediscounts bills of exchange of commercial banks
(E) None of these
Ans (D)
234. What is an Indian Depository Receipt?
(A) A deposit account with a Public Sector Bank
(B) A deposit account with any of depositories in India
(C) An instrument in the form of depository receipt created by an Indian depository against
underlying equity shares of the issuing company
(D) An instrument in the form of deposit receipt issued by an Indian depositories
(E) None of these
Ans (C)
235. Fiscal deficit is ____
(A) total income less Govt. borrowing
(B) total payments less total receipts
(C) total payments less capital receipts
(D) total expenditure less total receipts excluding borrowing
(E) None of these
Ans (D)
236. In the capital market , the term arbitrage is used with reference to ____
(A) purchase of securities to cover the sale
(B) sale of securities to reduce the loss on purchase
(C) simultaneous purchase and sale of securities to make profits from price
(D) variation in different markets
(E) Any of the above
Ans (C)
237. The stance of RBI monetary policy is _____
(A) inflation control with adequate liquidity for growth
(B) improving credit quality of the Banks
(C) strengthening credit delivery mechanism
(D) supporting investment demand in the economy
(E) Any of the above
Ans (E)
238. Currency Swap is an instrument to manage ___
(A) currency risk
(B) interest rate risk
(C) currency and interest rate risk
(D) cash flows in different currency
(E) All of the above
Ans (D)
239. "Sub-prime" refers to_______
(A) lending done by banks at rates below PLR
(B) funds raised by the banks at sub - Libor Rates
(C) Group of banks which are not rate as prime banks as per Banker's Almanac
(D) lending done by financing institutions including banks to customers not not meeting with
normally required credit appraisal standards
(E) All of the above
Ans (D)
240. Euro Bond is an instrument _____
(A) issued in the European market
(B) issued in Euro currency
(C) issued in a country other than the country of the currency of the Bond
(D) All of the above
(E) None of these
Ans (C)
