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Quiz 557: GK for CWE Examination 2011
2011-08-17 19:08:30 GKToday

1. In India, the dollar-rupee exchange rate depends upon: 1. Government Control 2. Demand-supply balance 3. RBIs Monetary policy Choose the correct options: [A]Only 2 [B]1 & 2 [C]1 & 3 [D]1, 2 & 3 Show Answer 2. Aadhaar can be the basis to open bank accounts because it can provide: 1. Know Your Customer details 2. Social and Financial Status of Customer 3. Repaying Capacity of the Customer Choose the correct options: [A]Only 1 [B]1 & 2 [C]1 & 3 [D]1, 2 & 3 Show Answer 3. Each Year Ramzan occurs about ______from the Previous year? [A]11 Days earlier [B]11 Days later [C]17 Days earlier [D]17 Days later Show Answer 4. Now a days Environmental Accounting is making news. What is Environment Accounting? [A]It is a method to measure the consumption of the environment/ natural resources [B]Its a method to statistically analyze the green areas of the country [C]Its a method of accounting in which all units are expressed in terms of loss / gain of Carbon Dioxide [D]Its a method of accounting in which all measurement is expressed in Carbon Credits Show Answer 5. The common international poverty line is based on an income of around___? [A]$1.00 per day at the 2004 purchasing power parity [B]$1.25 per day at the 2005 purchasing power parity

[C]$1.25 per day at the 2007 purchasing power parity [D]$1.25 per day at the 2008 purchasing power parity Show Answer 6. If Economy of a country picks up very fast then consider the following consequences: 1. Demand picks up 2. Inflation comes down 3. Prices become stable Choose the correct options: [A]Only 1 [B]1 & 2 [C]1, 2 & 3 [D]2 & 3 Show Answer Explanation 7. Which among the following is NOT an Alternative Investment Fund? [A]Private Investment in Public Equity Funds [B]Infrastructure Equity Fund [C]Venture Capital Fund [D]Mutual Fund Show Answer 8. At present marginal standing facility (MSF) stands as ____? [A]1 % above Repo Rate [B]2 % Below Reverse Repo Rate [C]2% Above Reverse Repo Rate [D]1% below Reverse Repo Rate Show Answer 9. In economy, which among the following can be measured by calculating concentration ratios? [A]Development [B]Inflation [C]Social Security [D]Competition Show Answer Explanation 10. A Public Debt Office works as investment banker to the _____? [A]Public [B]Commercial Banks [C]RBI [D]Government

Show Answer 11. The objective of the Perform Achieve and Trade scheme is to achieve____? [A]Export Efficiency [B]Investment Efficiency [C]Energy Efficiency [D]Trade Efficiency Show Answer 12. All countries from the Cotton-4 group belong to ____? [A]Asia [B]America [C]Africa [D]Europe Show Answer 13. Who among the following famous author was an Investment Banker prior to turning become to columnist, and speaker? [A]Arvind Adiga [B]Chetan Bhagat [C]Jhumpa Lahiri [D]Kiran Desai Show Answer 14. Which among the following are the features of Exchange Earners Foreign Currency Accounts: 1. They are opened with RBI 2. They Earn interests on deposits 3. They need a minimum balance to be maintained by the account holder Choose the correct options: [A]Only 1 [B]1 & 2 [C]2 & 3 [D]None of them Show Answer 15. Collateralized Borrowing and Lending Obligation (CBLO) is a ____? [A]Money Market Instrument [B]Monetary Policy Instrument [C]Investment Fund [D]Capital Market Instrument Show Answer