Banking, Economy, Business and Financial Quiz-1 (20 MCQ)

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Results

QUIZ START

#1. Life Insurance Corporation (LIC) of India was established in?

1958

1957

1955

1956

#2. Which of the following is the best ratio the Track the overall performance of a company after debt?

NP Ratio

EBITDA

Return on Equity.

Return on Investment

#3. Currency notes deposited in the currency chest are the property of ………………………………………

State bank of India

Government of India

RBI

Depositor bank

#4. Who sign One rupee note of Indian Currency?

Finance Secretary

Finance Minister of India

RBI Governor

Home Minister of India

#5. What is break even rate of return?

Inflation divided by (1-tax rate)

A rate of return at which doing an investment is at par with not doing it.

tax adjusted rate of return

inflation adjusted rate of return

#6. The data of estimation of India’s National income is issued by the………

Planning Commission

RBI

Central Statistical Organisation

National data centre

#7. Which Indian state has highest GDP?

Gujarat

Maharashtra

Uttar Pradesh

Tamilnadu

#8. Which of the following causes the increase in oilseeds production?

Yellow Revolution

Green Revolution

Brown Revolution

White Revolution

#9. Economic and Social Commission for Asia and the Pacific (UNESCAP or ESCAP), located in Bangkok is a regional arm of which of the following?

IMF

United nations

World Bank

Asian development Bank (ADB)

#10. “You have taken up a project in which there are seven different modules, hence total time taken in your project will be the sum of time taken by each module individually.”

False

True

#11. Who is authorized to issue currency notes in India?

Reserve bank of India

Finance Ministry of india

Home Ministry of India

Central bank of India

#12. Return on Investment (ROI) is an important tool which is used ————————-

To compare return of different Invesments.

To find out profitability in a certain period

To find out whether an investment is profitable

All of the above

#13. Which of the given options is not a current assets?

Insurance policy

Inventory

Bank Balance

Prepaid Rent

#14. While making capital budgeting decision, which of the following is not required to be considered?

Discounted rate of return

Impact on Morale of People

Taxes

Time value of money

#15. Which five-year plan focused on “Growth with social justice and equity”.

9th (1997-2002)

7th (1985-1990)

8th (1992-1997)

6th (1980-1985)

#16. What is the effective date of merger of five associates bank to State bank of India. Five associates bank so merged with SBI arei.e. State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore and State Bank of Hyderabad.

1-7-2017

1-4-2018

1-1-2017

1-4-2017

#17. Which of the following is not a method to be used to cope with cost escalation?

Providing Buffer

Reduce Scope

Outsource

using Forward pricing

#18. Which of the following is not a Kharif crop?

Paddy

Jowar

Wheat

Maize

#19. which sector contributes most to GDP in India in 2020?

Agriculture

Services

Industry

Manufacturing

#20. what is the mainstay of Indian Economy?

Business