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Which among the following is correct about an Equity Fund?

A. 

It gives fixed returns

B. 

It invests primarily in shares

C. 

It invest in both debt and shares

D. 

It assures growth in value

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What is the Value Added Tax (VAT)?

A. 

A single tax that replaces State Taxes like surcharge, turnover tax, etc.

B. 

A simple, transparent, easy to pay tax imposed on consumers.

C. 

A new initiative taken by the government to increase the tax burden of high income groups.

D. 

A new tax to be imposed on the producers of capital goods.

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Which among the following state has highest number of Export Oriented Units in India?

A. 

Tamil Nadu

B. 

Maharastra

C. 

Karnataka

D. 

Andhra Pradesh

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Which among the following is the major marine food export item of India ?

A. 

Frozen Fish

B. 

Frozen Shrimp

C. 

Frozen Crabs

D. 

Cephalopods

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Bonds issued by NABARD have the following risk weight assigned to them?

A. 

0%

B. 

2.5%

C. 

15%

D. 

25%

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In India, which among the following decides the savings bank rate?

A. 

Central Government

B. 

State Governments

C. 

Reserve Bank of India

D. 

Commercial Banks

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Who among the following has written the book “Growth & Finance”?

A. 

Amartya Sen

B. 

C Rangrajan

C. 

K Subba Rao

D. 

Bimal Jalan

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Who among the follwoing is known to have mooted the idea of Food Coupons?

A. 

Kaushik Basu

B. 

Nandan Nilkeni

C. 

V Subbarao

D. 

C Rangrajan

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A Public Debt Office works as investment banker to the

A. 

Government

B. 

RBI

C. 

Commercial Banks

D. 

Public

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Which among the following is the correct full form of the export promotion scheme DEPB

A. 

Duty Entitlement Passbook

B. 

Duty Entitlement programme

C. 

Duty Elimination Passbook

D. 

Duty-free Entitlement Passbook

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Which among the following body regulates Mutual Funds in India?

A. 

AMFI

B. 

NABARD

C. 

SEBI

D. 

RBI

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Who among the following was the chairman Financial Sector Legislative Reforms Commission (FSLRC)?

A. 

Justice B N Srikrishna

B. 

Justice Debi Prasad Pal

C. 

Justice Shivraj V patil

D. 

Prof. Y H Malegam

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In context with banking, what is the correct full form of ADF?

A. 

Additional Debt Finance

B. 

Automated Data Flow

C. 

Automatic Data Function

D. 

Automatic Debt Function

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Economic growth is normally coupled with?

A. 

Stagflation

B. 

Deflation

C. 

Hyper Inflation

D. 

Inflation

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Portion of deposits banks have to park with RBI is called

A. 

CASA Ratio

B. 

Cash Reserve Ratio

C. 

Capital Adequacy Ratio

D. 

Statutory Reserve Ratio

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