MAGME SCHOOL OF BANKING Class Room - Daily Dose BookletDDB NO: General Studies 11
1 A. Sun
2 D. Tamil Nadu
3 A. Sumatra
4 A. Singapore
5 B. 60º S
6 B. Sargasso sea
7 A. corona
8 C. Mediterranean
9 B. cyclonic activity
10 D. Madhya Pradesh
11 B. 4 3 5 1
12 D. Iran
13 B. Myanmar
14 C. Madagascar
15 A. China-Pakistan
16 C. tropical deciduous
17 B. 4 3 2 1
18 B. GNP
19 A. Unit Trust of India
20 D. Dow Jones
21 C. International Monetary Fund (IMF)
22 D. IFCI
23 C. Mumbai
24 C. April, 1987
25 C. 8
26 C. The Mumbai Mint
27 D. Reduction in production and employment for want of sufficient demand for goods
28 D. Countries having large per capita income
29 A. Adam Smith
30 C. all of these
31 A. capital consumption allowance
32 C. the developing countries
33 B. tertiary sector
34 D. excess of Aggregate Demand over Aggregate Supply at the full employment level
35 B. Ministry of Finance
36 A. Corporation tax - levied by corporations for civic amenities
37 D. Tea
38 B. Export-import method
39 D. Decrease in money supply
40 A. International Bank of Reconstruction and Development
41 D. Finance Bill
42 A. July – June
43 A. First
44 C. Profession Tax
45 D. Systematic record of all its economic transaction with the rest of the world
46 A. Demand draft
47 D. Mixed economy
48 B. Fifth Five-year Plan
49 B. Recommendations for tax reforms
50 C. NABARD
51 D. V. K. R. V. Rao
52 D. Non-interference of Government in economic affairs
53 C. 1, 2 and 3
54 B. 3 1 2 4
55 B. Tea
56 A. an overall rise in the prices of shares of a group of companies registered with Bombay Stock Exchange
57 B. national income
58 D. 1948
59 D. Seychelles
60 D. the Reserve Bank of India gives credit to commercial banks
61 D. 2, 3, 1
62 D. Industrial Policy of 1948
63 C. 1957
64 C. 2400 and 2100
65 C. Long term and short term credits
66 C. Birth rate is high but death rate is declining due to improvement in healthy services
67 A. Noida
68 B. the banks lend to Reserve Bank of India
69 D. 1994
70 C. Chelliah Committee
71 A. vote of Credit
72 A. Securities and Exchange Board of India
73 A. I and III
74 D. Mumbai
75 A. Finance Ministry
76 C. direct tax
77 A. the price of a commodity
78 C. 24th December
79 A. clearing House
80 A. Sales Tax
81 A. Geneva
82 B. cost of living
83 D. cost-push inflation
84 D. rate of indirect tax
85 C. freight
86 A. Oudh Commercial Bank
87 A. minimum Rs. 25 lakh
88 B. recession plus inflation
89 B. central tax
90 A. production and income methods
91 D. hyper-inflation
92 D. Insurance Regulatory and Development Authority
93 B. BIFR
94 D. Algeria
95 B. Kandla
96 D. Export-Import Banks
97 A. Securities issued by the government
98 D. surcharge
99 C. Provide balanced diet to masses
100 A. ‘globed depository receipt’ which is the mechanism to raise funds from international market
101 A. local bodies
102 D. Bank of Hindustan
103 D. excise duties
104 A. all of the above
105 D. Rs. 100/-
106 D. It is a budget presented in the Parliament to cover the deficit left by the last budget
107 D. All the above
108 B. rise in general price index
109 D. 4 3 2 1
110 C. M. Visvesvaraya
111 A. 1 and 4
112 D. total expenditure is more than total revenue
113 D. Punjab National Bank and New Bank of India
114 B. Stagflation slow pace of economic activity due to falling prices
115 C. bullion
116 A. exporting goods at prices below the actual cost of production
117 D. 1952
118 D. P. C. Mahalanobis
119 A. high interest rates
120 B. Reserve Bank of India
121 D. 2, 3 and 4
122 C. increase in prices
123 B. 5 lakhs
124 D. Tea
125 A. Rs. 50
126 A. Central Duck - Chikmagalur Breeding Farm
127 A. M. Visvesvaraya
128 D. to promote exports and curtail imports
129 A. Jan.-June
130 B. An attempt to bring down the price of strong short selling
131 C. 1 4 2 5
132 C. increase in money supply and fall in production
133 C. Creditors
134 A. traded in foreign exchange market for which demand is persistently relative to the supply
135 D. stagflation
136 C. non-monetised consumption
137 A. Canning
138 B. M3
139 C. Dadabhai Naoroji
140 D. proportion to quota allotted to countries from time to time
141 C. Excise Duty
142 A. 1, 3, 2, 4
143 A. gems and jewellery
144 B. 15
145 A. money value of goods and services produced in a country during a year.
146 A. Share market index of New York exchange market
147 B. Budgetary deficit plus the net borrowings of the government
148 C. neither 1 nor 2
149 B. Rajah Chelliah Committee
150 B. in the Union List
151 B. dividing national income by the population
152 D. central Bank
153 D. Per capita income of citizens
154 B. Malhotra Committee
155 A. Karl Marx
156 B. all the currency notes except the one rupee note
157 A. Procurement Prices
158 A. 1,2 and 3
159 C. International Organisation for Standardisation
160 D. Sales Tax
161 B. M1 +T.D
162 C. wider than economic growth
163 D. promoting adult literacy
164 B. demand-pull inflation
165 A. Reserve Bank of India
166 C. income on which payment of tax is usually evaded
167 A. Finance Secretary of India
168 A. growth pattern on which simultaneous investments are made in all the sectors of the economy, viz., Agriculture, Industry, Transport, Communication, etc.
169 B. Governor, Reserve Bank of India
170 C. Panther
171 B. Central Statistical Organisation
172 C. all the above
173 B. fiscal policy
174 B. Land Development Bank
175 B. Contribution of Household sector is the largest
176 B. 3, 4, 1, 2
177 A. Fiscal deficit
178 A. Dewas
179 C. freely permitting the conversion of rupee to other major currencies and vice versa
180 C. lowering of the value of one currency in comparison of some foreign currency
181 B. GATT
182 C. TISCO at Jamshedpur
183 D. gross domestic product per head at real purchasing power
184 D. Norman E. Borlaug
185 B. Minimum Reserve System
186 C. Morarji Desai
187 C. Both Washington DC
188 D. an Advisory body
189 C. Adam Smith
190 B. USA
191 C. Madhya Pradesh
192 B. poverty in terms of the basic minimum calorie requirements
193 C. Goa
194 A. stagflation
195 A. Share Market
196 D. tax on production
197 A. Industrial Development Bank of India
198 D. auto fuel policy
199 C. RBI
200 A. 20
201 B. Bihar
202 C. RBI
203 D. 6 months imprisonment
204 A. co-existence of private and public sector
205 D. Second Five Year Plan
206 C. GNP
207 A. trade bills
208 A. of the services like the bank, marine companies and shipping companies
209 A. Bombay Stock Exchange
210 B. II Schedule of Reserve Bank of India Act
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