Financial and General Awareness

1. When did Regional Rural Banks start functioning in India?

(A) 1975

(B) 1947

(C) 1956

(D) 1960

2. Who was the Chairman of the Sixth Central Pay Commission?

(A) Justice B. N. Srikrishna

(B) Prof. Ravindra Dholakia

(C) J. S. Mathur

(D) Sushma Nath

3. The 11th Five Year Plan is termed as plan for.

(A) India’s Health

(B) Eradication of poverty from India

(C) India’s Education

(D) Development of Rural India

4. Which of the following correctly describes what sub-prime lending is?

(1) Lending to the people with less than ideal credit status.

(2) Lending to the people who are high value customers of the banks.

(3) Lending to those who are not a regular customer

(A) Only 1

(B) Only 2

(C) Only 3

(D) All

5. The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector this type of phenomenon is known as:

(A) Probability risk

(B) Market risk

(C) Inflation risk

(D) Credit risk

6. Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank?

(1) It does not accept deposits.

(2) It has a limited cash disbursement capacity.

(3) Lack of human interface.

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) All

7. The World Development Report 2009 is released by which of the following Organisations?

(A) UNESCO

(B) ADB

(C) IMF

(D) World Bank

8. Which of the following statements is/are TRUE about the Lehman Brothers Holdings Inc. which was in news sometimes back?

(1) The US government provided a US$ 7000 million bailout package to the company.

(2) The company filed for bankruptcy in a court in New York.

(3) The company is now out of financial crisis and is busy in its restructuring so that it can start afresh.

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) All

9. The Reserve Bank of India has recently issued guidelines to banks on Pillar 2 of Basel II framework. Pillar 2 deals with which of the following?

(1) Better human resource management

(2) Adequate capital to support risks

(3) Better profitability with minimum number of employees

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) None of these

10.The World Investment Report 2008 was released in September 20This report is published every year by:

(A) Government of India

(B) World Trade Organisation (WTO)

(C) Asian Development Bank (ADB)

(D) United Nations Conference on Trade and Development (UNCTAD)

11. As we all know some new initiatives were introduced in the area of Fiscal Management by the government of India. Which of the following acts was passed a few years back to keep a check on the fiscal indiscipline on macroeconomic parameters?

(A) FERA

(B) FRBMA

(C) FEMA

(D) Public Debt Act

12. Which of the following has the sole right of issuing paper notes in India?

(A) Union Government

(B) Reserve Bank of India

(C) Ministry of Finance

(D) Supreme Court

13. Decision taken at Bretton Woods Conference led to the formation of

(A) IDA

(B) IMF

(C) ADB

(D) IFC

14. Which of the following is known as plastic money?

(A) bearer cheques

(B) credit cards

(C) demand drafts

(D) gift cheques

15. Euro is the currency of European Union. When did it come into being?

(A) 1999

(B) 1995

(C) 2000

(D) 2001

16. Which is the largest commercial bank in India?

(A) Reserve Bank of India

(B) State Bank of India

(C) ICICI Bank

(D) Bank of India

17. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form

(A) Reserve Bank of India

(B) Imperial Bank of India

(C) Bank of India

(D) Union Bank of India

18.In India, income tax is levied by

(A) Union Government

(B) State Governments

(C) Ministry of Finance

(D) RBI

19. The Reserve Bank of India was nationalized in?

(A) 1947

(B) 1948

(C) 1950

(D) 1956

20. What is a Bank which has capital and reserves of over Rs. 5 lakhs called?

(A) National Bank

(B) Cooperative Bank

(C) Scheduled Bank

(D) Unscheduled Bank

1.A
2.A
3.C
4.A
5.A
6.D
7.D
8.B
9.D
10.D
11.B
12.B
13.B
14.B
15.A
16.B
17.B
18.A
19.B
20.C

SBI: Financial Awareness and Marketing Sample Question Paper

1. The International Bank for Reconstruction and Development (IBRD) is better known as
(A) World Bank

(B) Asian Development Bank

(C) IMF

(D) It is known by its name

2. When was the Reserve Bank of India established?

(A) 1935

(B) 1920

(C) 1928

(D) 1947

3. Which is the largest commercial bank in India?

(A) Reserve Bank of India

(B) State Bank of India

(C) ICICI Bank

(D) Bank of India

4. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form

(A) Reserve Bank of India

(B) Imperial Bank of India

(C) Bank of India

(D) Union Bank of India

5. Which sister organization of the World Bank helps private activity in developing countries by financing projects with long-term capital in the form of equity and loans?

(A) Asian Development Bank

(B) IMF

(C) International Developmental Association

(D) International Finance Corporation


6. Which sister organization of the World Bank provides long term loans at zero interest to the poorest developing countries?

(A) Asian Development Bank

(B) IMF

(C) International Developmental Association

(D) International Finance Corporation

7. Who is known as the ‘Father of Economics’?

(A) Adam Smith

(B) Chanakya

(C) Machiavelli

(D) None of these

8. Which was the first Indian Bank to introduce credit card?

(A) State Bank of India

(B) Central Bank of India

(C) Union Bank of India

(D) ICICI

9. What does devaluation of a currency mean?

(A) decrease in the internal value of money

(B) decrease in the external value of money

(C) decrease both in the external and internal values of money

(D) none of these

10.Which of the following is known as plastic money?

(A) bearer cheques

(B) credit cards

(C) demand drafts

(D) gift cheques

11. Which of the following statements best describes the concept of involvement in the context of buyer behaviour?

(A) The length of time involved in the buying process

(B) The potential impact of a product on an individual's self-identity

(C) The number of people involved in the decision-making unit

(D) The complexity of an order

12. Buying decisions generally follow a pattern of overlapping stages. Which of the following best describes the typical stages of the buying process?

(A) Need recognition > Information search > Evaluation > Decision > Post purchase evaluation

(B) Need recognition > Evaluation > Information search > Decision > Post purchase evaluation

(C) Information search > Need recognition > Evaluation > Decision > Post purchase evaluation

(D) Need recognition > Information search > Decision > Evaluation > Post purchase evaluation

13. Needs differ from wants because:

(A) Wants are a socialized manifestation of underlying needs

(B) Needs are a socialized manifest Needs are historical; wants are about the futuretation of underlying wants

(C) Needs are historical; wants are about the future

(D) Needs and wants are exactly the same

14. Which of the following levels of Maslow's Hierarchy of Needs is most likely to be associated with consumers' purchase of goods which appeal to their inner sense of peace of mind (e.g. art classes)?

(A) Self-actualization

(B) Love

(C) Security

(D) Physiological

15. An individual is considering buying a new microwave cooker and is faced with the possibility of several models. Which of the following describes the widest range of microwave cookers, which the buyer considers in some form?

(A) The choice set

(B) The awareness set

(C) The total set

(D) The pre-evaluation set

16. A company uses The Coors to endorse its range of snack foods. This endorsement is likely to be particularly effective if the Coors are seen by Large numbers of the company's target market as:

(A) A primary reference group.

(B) A tertiary reference group.

(C) A secondary reference group.

(D) A non-reference group.

17. Which of the following consumer responses is LEAST likely to overcome cognitive dissonance experienced by a consumer who is dissatisfied with their purchase?

(A) Rationalizing to ourselves that a product is actually quite good

(B) Seeing the product in a different light so that we emphasize the bad aspects of a product

(C) Seeing the product in a different light so that we emphasize the good aspects of a product

(D) Complaining and returning goods to the supplier

18.Which of the following labels is NOT associated with a role in a buying Decision Making Unit?

(A) Supplier

(B) Gatekeeper

(C) Decision maker

(D) User

19. A secretary who answers calls for a company buyer may be taking on which role within the company's decision-making unit?

(A) User

(B) Influencer

(C) Gatekeeper

(D) Buyer

20. Which of the following is NOT an element of a Marketing Information System?

(A) Marketing research

(B) Decision support system

(C) Production monitoring system

(D) None of these


ANSWERS :
1- A
2- A
3- B
4- B
5- D
6- C
7- A
8- B
9- B
10- B
11- A
12- A
13- A
14- A
15- A
16- B
17- A
18- B
19- C
20- D

RAIL BUDGET 2009-10 HIGHLIGHTS

PM says Mamata has done a commendable job
No increase in freight rates
No increase in passenger fares
Tatkal charges go down to Rs 100, booking time reduced from 5 days to 2 days
Unreserved ticketing systems to be expanded from 5,000 to 8,000 terminals
Janta khana (peoples' food) to be provided in railway stations
Develop 50 stations with world class amenities
12 new non-stop point to point trains introduced
ATMs on 200 mid and small sized stations
Aim for 1300 km gauge conversion by 2010
AC double decker trains for inter-city travel
Railway Finance Corp to borrow Rs 9000 crore in FY 2010
Madrasa students included in concession scheme
To set-up North Eastern development funds
Ladies special trains to be introduced in Kolkata, Chennai and Delhi
Kolkata Metro to be expanded
Increased Budgetary support by Rs 5000 crores
AC 'Yuva' trains at Rs 299 and Rs 399 to be introduced
Press correspondents to get 50% concession
To launch 57 new trains
Non-stop AC 'Turant' trains to connect major metros
Rs 25 ticket for those with monthly salary under Rs 1000 under the 'Izzat scheme'
Ladies special trains during peak hours
A new scheme called 'Izzat' to be introduced
To use Railway Land Bank for industrial development
To set up a new coach factory in Kanchrapara
Computerised tickets from post offices
3000 more unreserved ticketing terminals
At least one doctor on long distance train
Railways to set up cold storage cargoes
Mega logistics hubs in Eastern and Western corridor
Launch of premium faster parcel services in three routes
Aim to fulfill SC/ST backlog in jobs
18,000 wagons to be acquired by FY 2010
Railway hospitals to be upgraded
Commando battalion to be raised for security purposes
Integrated security schemes for 130 vulnerable stations
Railway recruitment board to be reviewed shortly
7 nursing colleges to be set up on railway land
Environmental friendly toilets on trains
49 stations of religious importance to be upgraded
Automatic vending machines to be set up at stations
Women commandos to employed for the security of women passengers
High-capacity double decker AC coaches on the cards
Automatic vending vans to be set up to make ticketing easy
Computerised ticketing from post offices
SMS update on waitlisted tickets
Tickets can be bought from Post Offices
Automatic train information systems on major cities
Specially designed coaches, escalators and elevators for the physically challenged
Depute doctors on long distance trains
Book stores, PCOs to be set up across stations
Infotainment services on Rajhandi and Shatabdi trains
To take the Private-Public partnership route to develop stations
Priority for food and water on trains
Developing multi-functional complexes at stations
Priority to passenger amenities
Rail projects shouldn't be gauged by economic viability but governed by social viability: Mamata
To set up panel for financing unavailable rail projects
Improvement of trains amenities
Railways is trying to keep up with change
Committed to the cause of the underpreviliged.
Railway Minister Mamata Banerjee begins her speech in Parliament.
Shares of engineering and wagon manufacturing firms surged by up to 4 per cent on the Bombay Stock Exchange in early trade today ahead of the Railway Budget 2009-10
Bharat Earth Movers Ltd (BEML) gained 2.15 per cent at Rs 1,105, Hind Rectifiers, the manufacturer of rectifier equipment and semi-conductor devices, rose by 5.27 per cent to Rs 64.95
Budget is of the people, by the people and for the people: Mamata Banerjee
More trains for West Bengal
Budget hotels at railway stations
More Garib Rath trains to be introduced
Measures to improve catering and on-board decoration
Special announcement for security on railways
Mamata is expected to announce 25 new trains
Amid expectations of improvement in railway amenities and food served in trains, Railway Minister Mamata Banerjee would present a 'pro-people' budget in Parliament
Business leaders and commoners in West Bengal are expecting a series of sops for the state when she presents her budget in parliament
In her two budgets earlier, Banerjee introduced a new biweekly New Delhi-Kolkata Rajdhani Express, besides starting several express trains connecting various portions of West Bengal
She might also announce changes in the Tatkal scheme to make it more passenger friendly
Among the legacies of conflict that Railway Minister Mamata Banerjee has inherited from her predecessor Lalu Prasad is the much-hyped budget hotels scheme - involving the construction of 100 hotels on vacant railway land in the public-private partnership mode
Mumbai, which accounts for more than 50 per cent of country's train passengers, expects three of its major projects to be approved in the railway budget
Mamata's predecessor Lalu Prasad Yadav had promised to introduce GO Mumbai card on Central and Western Railway and on BEST