General Knowledge, Current Affairs Test For LIC AAO

 

 

Q.1.  Which department of RBI handles day-to-day liquidity management operations?

01. Monetary Policy Department 

02. Market Regulation Department 

03. Financial Markets Department 

04. Management Department 

05. Communications Department 

Q.2.  Market Risk is the possible losses due to movement in the market prices. Which of the following is/are the associated market risks?

01. Equity risk 

02. Internal rate risk 

03. Currency risk 

04. Commodity risk 

05. All of the above 

Q.3.  Which of the following statements is True?

01. A Regional Rural Bank is the sole authority to regulate and supervise the Payment and Settlement Systems in India. 

02. State Bank of India is the sole authority to regulate and supervise the Payment and Settlement Systems in India.

03. A Co-operative Bank is the sole authority to regulate and supervise the Payment and Settlement Systems in India.

04. Reserve Bank of India is the sole authority to regulate and supervise the Payment and Settlement Systems in India. 

05. SEBI is the sole authority to regulate and supervise the Payment and Settlement Systems in India.

Q.4.  Which among the following is the advantage of Stock Exchanges to the companies?

01. The market for their securities is enlarged as the investors all over the world become aware of such securities and have an opportunity to invest 

02. As a result of enhanced goodwill and higher demand, the value of their securities increases and their bargaining power in collective ventures, mergers, etc. is enhanced.

03. The companies have the convenience to decide upon the size, price and timing of the issue. 

04. 1,2 and 3 

05. 1 and 2 

Q.5.  Which of the following is a money market intermediary and a primary dealer in government securities?

01. Securities and Trading Corporation of India 

02. Discount and Finance House of India 

03. Industrial Development Bank of India 

04. Unit Trust of India 

05. RBI 

Q.6. What is the rank of India in the inaugural list of the world's best countries, released on the sidelines of WEF Annual Meeting? 

(1) 22nd

(2) 24th

(3) 26th

(4) 28th

(5) 30th

Q.7. The Reserve Bank of India (RBI) allowed banks to sell India Gold Coins (IGC) with ------------------ manufactured by public sector MMTC Ltd.

(1) Mahatma Gandhi

(2) Lions Capitol

(3) Ashok Chakra

(4) Red Fort

(5) RBI logo

Q.8. Who has been appointed as Chairman of Central Board of Direct Taxes (CBDT)? 

(1) A. K. Jain

(2) Atulesh Jindal

(3) C.R. Viswanath

(4) P.K. Pujari

(5) P.K. Sinha

Q.9. 'Mahamana Express' was recently flagged off by ther Prime Minister from-

(1) Allahabad

(2) Meerut

(3) Kanpur

(4) Lucknow

(5) Varanasi

Q.10. What is the medium term and long term duration of Gold Monetisation Schemes for which the RBI has allowed depositors to withdraw pre-maturely after the minimum lock-in period? 

(1) 1-3 year and 4-7 years

(2) 2-4 year and 5-8 years

(3) 3-5 year and 6-9 years

(4) 5-7 year and 12-15 years

(5) 6-8 year and 9-15 years

Answers

Q.1. (3)

Q.2. (5)

Q.3. (4)

Q.4. (4)

Q.5. (2)

Q.6. (1) 

Q.7. (3) 

Q.8. (2) 

Q.9. (5) 

Q.10. (4)