Practice Question and Answer

Q: Which UN body has imposed the strongest sanctions ever on North Korea in Sept 2017? 1567 0

  • 1
    UNESCO
    Correct
    Wrong
  • 2
    UNGA
    Correct
    Wrong
  • 3
    UNSC
    Correct
    Wrong
  • 4
    IMF
    Correct
    Wrong
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Answer : 3. "UNSC"

Q: Which of the following countries were elected member state of UNHCR Council? 1871 0

  • 1
    Australia
    Correct
    Wrong
  • 2
    Congo
    Correct
    Wrong
  • 3
    Pakistan
    Correct
    Wrong
  • 4
    Both a and b
    Correct
    Wrong
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Answer : 4. "Both a and b"

Q: When was UN formed? 2100 1

  • 1
    24th October 1945
    Correct
    Wrong
  • 2
    25th October 1945
    Correct
    Wrong
  • 3
    24th October 1954
    Correct
    Wrong
  • 4
    25th October 1954
    Correct
    Wrong
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Answer : 1. "24th October 1945"

Q: What is the Capital Adequacy ratio for a new bank applying for license in India, as per the draft guidelines of RBI for issuing new bank licenses? 1909 0

  • 1
    9%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    11%
    Correct
    Wrong
  • 4
    12%
    Correct
    Wrong
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Answer : 4. "12%"

Q: In India, the Foreign Exchange Reserves are kept in the custody of which among the following? 1694 0

  • 1
    Ministry of Finance
    Correct
    Wrong
  • 2
    EXIM bank
    Correct
    Wrong
  • 3
    Reserve bank of India
    Correct
    Wrong
  • 4
    Selected public sector banks
    Correct
    Wrong
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Answer : 3. "Reserve bank of India"

Q: Which among the following is the short name of highest authority in India for Indirect Taxes? 2029 0

  • 1
    CBED
    Correct
    Wrong
  • 2
    CBDT
    Correct
    Wrong
  • 3
    CBEC
    Correct
    Wrong
  • 4
    CBIT
    Correct
    Wrong
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Answer : 3. "CBEC"

Q: Which among the following can not be called an ant inflationary measure? 2157 0

  • 1
    Raising the Bank Rates
    Correct
    Wrong
  • 2
    Raising the Reserve Ratio Requirements
    Correct
    Wrong
  • 3
    Purchase of securities in the Open Markets
    Correct
    Wrong
  • 4
    Rationing of the Credit
    Correct
    Wrong
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Answer : 3. "Purchase of securities in the Open Markets"

Q: If the Reserve Bank of India wants to increase the Cash Reserves commercial Banks, which among the following would be the most probable step taken by 1935 0

  • 1
    Release Gold from its reserves
    Correct
    Wrong
  • 2
    Buy bonds in the open market
    Correct
    Wrong
  • 3
    prohibit the transactions that involve bill of exchange
    Correct
    Wrong
  • 4
    Increase the tranche reserves with the IMF
    Correct
    Wrong
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Answer : 2. "Buy bonds in the open market"

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