Education, jobs@India: CWE Banking industry questions: Part 3

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Monday, August 29, 2011

CWE Banking industry questions: Part 3

1. Which one of the following is covered in the list of service for service tax purposes?
(A) Insurance/health services (B) Hotel accommodation/air travel services (C) Money changers/legal services
(1) Only (A) (2) Only B (3) Only (C) (4) Both (A) and (C) (5) All (A), (B) and (C)

2. Which of the following agencies is providing Unique Identity Cards to all Indian Residents?
(1) Election Commission of India (2) Ministry Foreign Affairs (3) Govt. of Maharashtra
(4) Border Security Force (5) None of these

3. Vikram Pandit is associated with which of the following banks?
1) Yes Bank (2) ICICI Bank  (3) Citigroup (4) HSBC (5) State Bank of India

4. Banks make frequent changes in their product profile including introduction of new products etc. This is called
(1) Product Control (2) Product enhancement (3) Product marketing  (4) Product enrichment (5) None of these

5. Banking and financial services allover the world are regulated usually by Monetary Authority of the land, Who controls this function in India?
(1) Ministry of Finance  (2) SEBI (3) RBI  (4) IRDA (5) FEDAI

6. As per guidelines of the RBI. banks are to provide appropriate banking facilities to habitations having population in excess of 2000 by which date?
(1) 2011 (2) 2012  (3) 2015 (4) 2016 (5) None of these

7. Which one of the following is the target fixed for maintaining fiscal deficit in the Union Budget of India?
(1) 4.6 percent of total budget (2) 4.6 percent of GDP' (3) 3.6 percent of total budget (4) 3.6 percent of GDP (5) None of these

8. FIMMDA stands for-
(1) Foreign Investment Markets & Derivatives Market Association (2) Fixed Income Money Markets and Derivatives Association (3) Fixed Income amp; Money Market Development Association (4) Floating Income and Money Markets Derivative Assets  (5) None of these

9. On which one of the following is­sues, a group of top business leaders and other eminent citi­zens have expressed their con­cern to the Govt. of India?
(1) Corporate Governance
(2) Fiscal deficit
(3) Inflation
(4) Governance deficit (5) None of these

10. Nobel Laureate Muhammed Yunus belongs to which one of the following countries?
(1) Sri lanka (2) Pakistan  (3) Maldives (4) Bangladesh (5) None of these

Answer: 1. 5, 2. 5, 3. 3, 4. 3, 5. 3, 6. 3, 7. 5, 8. 2, 9. 3, 10. 4

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