Monday, August 17, 2015

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Bank of Maharastra General Awarness - Solved Paper 2

  • Monday, August 17, 2015
  • SekarC
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  • 11. As per the report released in the press the Govt. of India has done a study on Special Economic Zones. Which of the following is/are the highlights of the reports ?
    1. Report says that SEZs should not be given much preference by the policy makers.
    2. Study says that the end benefit in the next few years may be of the tune of Rs. 1,50,000 crores which will be much higher than the estimated revenue losses.
    3. Since new SEZs are developed by the Private Sector the investment for infrastructural development is like a net saving for the Govt.
    (A) Only 1
    (B) Only 2
    (C) Only 3
    (D) Both 2 and 3
    (E) None of these
    Ans : (C)

    12. As per the new figures released by the Govt. agencies the Foreign Direct Investment inflow to India is at higher level and has increased substantially in recent past. Which of the following is/are the contributory factors which has/have helped in this record growth ?
    1. Progressive delicensing of various sectors.
    2. Simplification of business procedures in India.
    3. Sub Prime crisis in USA.
    (A) Only 1
    (B) Only 2
    (C) Both 1 and 2
    (D) Only 3
    (E) All 1, 2 and 3
    Ans : (C)

    13. Which of the following Companies has got “Navratna Status’ recently ?
    (A) National Mineral Development
    Corporation (NMDC)
    (B) National Textile Corporation (NTC)
    (C) Maruti Udyog Ltd.
    (D) IDBI Bank Ltd.
    (E) None of these
    Ans : (A)

    14. The real return to the investor sometimes gets reduced due to sudden rise in the prices of the commodities. This phenomenon in financial market is known as…
    (A) Market risk
    (B) Inflation risk
    (C) Credit risk
    (D) Diversification of funds
    (E) None of these
    Ans : (B)

    15. In the recent times the RBI and Securities and Exchange Board of India (SEBI) have taken various steps to control the flow of capital in Indian economy. Which of the following is/are not included in these step(s) ?
    1. Guidelines are issued to restrict unregulated overseas investors through ‘p-notes’.
    2. Rs. 60,000 crores out of this fund is being provided to waive the loans on farmers.
    3. Borrowers raising external commercial borrowings of over $ 20 million would have to park the proceeds overseas for use as foreign currency expenditure.
    (A) Only 1
    (B) Only 2
    (C) Only 3
    (D) Both 1 and 3
    (E) All 1, 2 and 3
    Ans : (E)

    16. Which of the following countries has recently made an agreement with the World Trade Organization which will allow it to join the same as a permanent member ?
    (A) Russia
    (B) Afghanistan
    (C) Zambia
    (D) Uganda
    (E) Ukraine
    Ans : (E)

    17. Prime Minister of India on his visit to China a few months back signed a detailed agreement with the same. What is/are the major highlights of the agreement ?
    1. Both the countries agreed to continue high level exchange of views. Indian President is invited to China.
    2. India to host joint military exercise in 2008.
    3. India has decided to raise the issue of Tibet in UNO. China has agreed for the same.
    (A) Only 1
    (B) Only 2
    (C) Both 1 and 2
    (D) Only 3
    (E) All 1, 2 and 3
    Ans : (C)

    18. As per the reports in the leading newspapers Securities and Exchange Board of India (SEBI) has asked the Mutual Fund industry to stop ‘Misselling’ their schemes to investors. What is ‘Misselling’ of products ?
    1. Misselling takes place when mutual funds are sold without telling the likely returns.
    2. When agents sell the products without telling investors what are the risks involved in investing in mutual funds.
    3. When agents invest somebody’s money in mutual funds without their knowledge, it is called misselling.
    (A) Only 1
    (B) Only 2
    (C) Only 3
    (D) All 1, 2 and 3
    (E) None of these
    Ans : (B)

    19. As per the news report SEBI has allowed short selling by FIs/MFs from February 1, 2008. What is ‘short selling’ ?
    1. Selling of shares that the seller does not own at the time of trading.
    2. Selling of shares on the same day or on the day they were allotted to the trader.
    3. Selling of shares on a much lower price due to turbulent market situations.
    (A) Only 1
    (B) Only 2
    (C) Only 3
    (D) All 1, 2 and 3
    (E) None of these
    Ans : (A)

    20. Which of the following countries is governed by the Norweigianmediated ceasefire Agreement to end its dispute with a group of rebellions ?
    (A) Nepal
    (B) Myanmar
    (C) Afghanistan
    (D) Sri Lanka
    (E) None of these
    Ans : (D)

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