WorksheetsTEST SERIES - 54 (I)
Total questions: 50
Worksheet time: 25mins
When did the ‘naya paisa’ introduced with the decimal system of coinage, become ‘paise’?
April 1, 1957
October 2, 1961
June 1, 1964
April 1, 1965
Which of the following is the currency of Dubai?
Taka
Dinar
Dollar
Dirham
Sheqel is the currency of
Israel
Kenya
Iran
Iraq
The new series of Wholesale Price Index (WPI) released by the Government of India is with reference to the base prices of
1981-82
1990-91
2004-05
1994-95
In which year the Indian rupee was devalued two times within a month?
1990
1991
1994
1999
Many a time we read a term in financial newspapers GDR. What is the full form of the same?
Global Depository Receipts
Global Domestic Ratio
Gross Domestic Revenue
Gross Depository Revenue
Expand the term LIBOR
London Inter-Bank Offered Rate
London Inter-Bank Operational Rate
London Inter-Bank Offsite Rate
London Inter-Bank Onsite Rate
Which of the following is not a part of India’s Money Market?
Bill Markets
Call Money Market
Banks
Indian Gold Council
Devaluation of currency leads to
expansion of export trade
contraction of import trade
expansion of import substitution
All of the above
Bolivar is monetary unit of
Venezuela
Brazil
Bolivia
Belarus
In the paralance of economy/ commerce, what is ‘Gittedged market’?
Gold and silver market
Industrial securities market
Market of safe (such as Government) securities
Market for software technology/ service products
During which Five Year Plan the price level in Indian Economy should a decline?
Plan I
Plan II
Plan IV
Annual Plans
The question of full capital account convertibility of Indian Money (Rupee) was examined by the committee known as
Vaghul Committee
Rangrajan Committee
Tarapore Committee II
Hashim Committee
The RBI issues currency notes under the
Fixed Fiduciary System
Maximum Fiduciary System
Minimum Reserve System
Proportional Reserve System
The European Union has adopted which of the following as a common currency?
Dollar
Dinar
Yen
Euro
In calculation of index of wholesale prices which one of the following sector is assigned maximum weightage?
Food articles
Non-food articles
Fuel, power, light and lubricantsManufactured products
Manufactured products
Inflation is caused by
Increase in supply of goods
Increase in cash with the Government
Decrease in money supply
Increase in money supply
Earlier it was thought safe to allow each financial institution to carry out only one type of finance service. But now Banks are selling shares, Insurance companies can sell banking services. These new financial conglomerates are colloquially referred to as
Multinationals
Financial Supermarkets
Market Regulators
Brand Promoters
SEBI bans some companies for their role in ‘F & O’ scam, was the news in some major newspapers. What is the full form of ‘F & O’?
Future & Options
Future & Operation
Free & Operational
Fair & Optimum
FDI refers to
Fixed Deposit Interest
Fixed Deposit Investment
Foreign Direct Investment
Future Derivative Investment
As we all know, Indian Money Market is divided in three sectors, namely organised sector, unorganised sector and co-operative sectors. Call money market is the part of which of the following?
Organised Sector
Unorganised Sector
Co-operative Sector
Both (a) and (b)
Which of the following organisations is known as Market Regulator in India?
IBA
SEBI
AMFI
NSDL
Which is the first Indian Company to be listed on NASDAQ?
Reliance
TCS
HCL
Infosys
During period of inflation, rates should
increasedecrease
decrease
remain constant
fluctuate
Inflation in India is measured on which of the following indexes/ indicators?
Cost of Living Index (CLI)
Consumer Price Index (CPI)
Gross Domestic Product (GDP)
Wholesale Price Index (WPI)
Many times we read a term ‘ECB’ in financial newspapers. What is the full form of ECB?
External Commercial Borrowing
External Credit and Business
Essential Commercial Borrowing
None of the above
Which one of the following pairs is not correctly matched?
Japan – Nikkei
Singapore – Shcomp
UK – FTSE
USA – Nasdaq
When decimal method was introduced in the Indian Monetary System?
1950
1954
1957
1960
If over a given period of time both prices and money income have been doubled, the real income will be
doubled
halvedunchanged
unchanged
prices do not affect real income
Currency notes of ` 2 denomination and above are liabilities of
Government of India
Reserve Bank of India
State Bank of India
All of the above
Money Laundering normally involves
placement of funds
layering of funds
integration of funds
All of the above
Devaluation usually causes the internal prices to
Fall
Rise
Remain unchanged
None of the above
BSE Sensex is an index to measure ups and downs in the share market. The number of companies covered under the index are
30
50
100
150
When was decimal coinage system introduced in India?
1947
1950
1957
1960
Devaluation of rupee in India was first introduced in the year
1949
1966
1972
1990
Currency note in India are printed and supplied by the
Security Press, Nashik
Reserve Bank of India, New Delhi
Security Press, Mumbai
Security Press, Noida
Debenture holders of a company are its
shareholders
creditors
debators
directors
Dinar is the currency of which of the following countries?
Sudan
Myanmar
Afghanistan
Iraq
Devaluation of Rupee was last time made on
July, 1991
July, 1993
July, 1997
July, 2001
Which of the following is not a speculator in the Stock Exchange?
Bull
Bear
Broker
Stag
The basis of determining dearness allowance (d.a.) to Government employees in India is
National Income
Consumer Price Index
Standard for living
Per Capita Income
Money multiplier in India as defined as
Board Money Base Money
Board Money Reserve Money
Reserve Money Base Money
Base Money Reserve Money
Inside trading is related to
Share Market
Horse racing
Taxation
International trade
Commercial paper is a source of credit for which one of the following?
Corporate Industry
Small Scale Industries
Commercial Banks
Foreign Banks
The base of Consumer Price Index (CPI) for industrial workers has been shifted from 1982 to
1998
2000
2001
2002
Tarapore Committee was associated with which one of the following?
Special Economic Zone
Fully Capital Account Convertibility
Foreign Exchange Reserve
Effect of oil-prices on the Indian Economy
Which of the following is/are treated as artificial currency?
ADR
GDR
SDR
Both ADR and SDR
How many times has the Indian Currency been devalued so far?
Five times
Three times
One times
Two times
The currency of Thailand is
Baht
Rupiah
Yuan
Yen
Economic growth is usually coupled with
Deflation
Inflation
Stagflation
Hyper inflation
