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Question 1 of 10
1. Question
2 points
The major traits of recession are
1.There is a general fall in demand
2.Inflation remains lower
3.Employment rate falls
4.Industries resort to price cuts
Select the correct answer code:
Correct
A recession is a period of decline in general economic activity, typically defined when an economy experiences a decrease in its gross domestic product for two consecutive quarters.
Incorrect
A recession is a period of decline in general economic activity, typically defined when an economy experiences a decrease in its gross domestic product for two consecutive quarters.
Question 2 of 10
2. Question
2 points
Arrange the following Core Industries in the decreasing order of their weightage.
1.Crude Oil
2.Cement
3.Fertilizers
4.Natural Gas
Select the correct answer code:
Correct
The eight Core Industries in decreasing order of their weightage: Refinery Products> Electricity> Steel> Coal> Crude Oil> Natural Gas> Cement> Fertilizers.
Incorrect
The eight Core Industries in decreasing order of their weightage: Refinery Products> Electricity> Steel> Coal> Crude Oil> Natural Gas> Cement> Fertilizers.
Question 3 of 10
3. Question
2 points
Consider the following statements regarding Capital adequacy ratio (CAR).
1.It is the ratio of a bank’s capital in relation to its risk weighted assets and current liabilities.
2.A lower CAR means the bank can absorb losses without diluting capital.
Which of the above statements is/are correct?
Correct
Capital adequacy ratio:
It is the ratio of a bank’s capital in relation to its risk weighted assets and current liabilities. This is a measure of a bank’s ability to meet its obligations. A high CAR means the bank can absorb losses without diluting capital.
Incorrect
Capital adequacy ratio:
It is the ratio of a bank’s capital in relation to its risk weighted assets and current liabilities. This is a measure of a bank’s ability to meet its obligations. A high CAR means the bank can absorb losses without diluting capital.
Question 4 of 10
4. Question
2 points
Consider the following statements regarding Net interest margin (NIM).
1.Net interest margin is the difference between interest earned by a bank on loans and the interest it pays on deposits.
2.NIM will be high for banks with higher low-cost deposits or high lending rates.
Which of the above statements is/are correct?
Correct
Solution: c)
Incorrect
Solution: c)
Question 5 of 10
5. Question
2 points
Which of the following are covered under Wilful default?
1.Deliberate non-payment of the dues.
2.Misrepresentation / falsification of records
3.Disposal / removal of securities without bank’s knowledge
4.Fraudulent transactions by the borrower
Select the correct answer code:
Correct
Solution: c)
Incorrect
Solution: c)
Question 6 of 10
6. Question
2 points
Who among the following is known as Father of Indian archaeology?
Correct
Although Harappa was the first site to be discovered, it was badly destroyed by brick robbers. As early as 1875, Alexander Cunningham, the first Director-General of the Archaeological Survey of India (ASI), often called the father of Indian archaeology, noted that the amount of brick taken from the ancient site was enough to lay bricks for “about 100 miles” of the railway line between Lahore and Multan.
Incorrect
Although Harappa was the first site to be discovered, it was badly destroyed by brick robbers. As early as 1875, Alexander Cunningham, the first Director-General of the Archaeological Survey of India (ASI), often called the father of Indian archaeology, noted that the amount of brick taken from the ancient site was enough to lay bricks for “about 100 miles” of the railway line between Lahore and Multan.
Question 7 of 10
7. Question
2 points
Consider the following statements regarding Prayaga Prashasti.
1.It was composed in Sanskrit by Nagasena.
2.It describes the circumstances of Samudragupta’s accession, his military campaigns in north India and the Deccan.
Which of the above statements is/are correct?
Correct
The Prayaga Prashasti (also known as the Allahabad Pillar Inscription) composed in Sanskrit by Harisena, the court poet of Samudragupta, arguably the most powerful of the Gupta rulers (c. fourth century CE), is a case in point.
Incorrect
The Prayaga Prashasti (also known as the Allahabad Pillar Inscription) composed in Sanskrit by Harisena, the court poet of Samudragupta, arguably the most powerful of the Gupta rulers (c. fourth century CE), is a case in point.
Question 8 of 10
8. Question
2 points
Consider the following statements.
1.The first gold coins were issued by the Indo-Greeks.
2.The first coins to bear the names and images of rulers were issued by Guptas.
Which of the above statements is/are correct?
Correct
The first coins to bear the names and images of rulers were issued by the Indo-Greeks, who established control over the north-western part of the subcontinent in second century BCE.
Incorrect
The first coins to bear the names and images of rulers were issued by the Indo-Greeks, who established control over the north-western part of the subcontinent in second century BCE.
Question 9 of 10
9. Question
2 points
Amongst the following, the latest to form was
Correct
Solution: c)
Incorrect
Solution: c)
Question 10 of 10
10. Question
2 points
Following the rejection of the recommendations of the Simon Commission by Indians, an all-party conference was held at Mumbai in May 1928. The conference appointed a drafting committee under Motilal Nehru to
Correct
he draft constitution was prepared which was called “Nehru Committee Report“. This report was submitted on August 28, 1928 at the Lucknow conference of all the parties.
Incorrect
he draft constitution was prepared which was called “Nehru Committee Report“. This report was submitted on August 28, 1928 at the Lucknow conference of all the parties.