RBI Grade B Preparation (Questions Only)

Bank PO
1


1. Post questions relevant to subjects only: You’ve to make and post here MCQs, or direct questions from whatever you are reading- Kapila, D&S, Yojana or Internet sources. And that is the only thing you can do on this group’s wall.

2. Do not Post anything un-academic such as doubts over eligibility criteria, speculation over exam dates, why the admin s*cks, which book to read etc. (You are allowed to post such things in comments)

Appeal to members:  100 serious aspirants who post only two questions per day = 12k questions before exam, free of cost.

2

Assertion (A) : Indirect taxes
promote inequalities in the
distribution of income.

Reason (R) : The poor bear more burden of indirect taxes. Codes : (A) (A) is true but (R) is false. (B) Both (A) and (R) are true and (R) is the correct explanation of (A). (C) (A) is false but (R) is true. (D) Both (A) and (R) are false


  • (A) is false but (R) is true
  • (A) is true but (R) is false.
  • Both (A) and (R) are true and (R) is the correct explanation of (A)
  • Both (A) and (R) are false

0 voters

3

Which one of the following languages is not seen on a ten rupee note ?

  • English
  • Kashmiri
  • Santhali
  • Nepali

0 voters

4

Consider the following statements

1.The terms ‘Administration’ and ‘Management’ are synonymous.

2. Administration is a wider term than Management.

3. Management is a wider term than Administration.

4. Management is a narrower term than Administration.

5. Administration encompasses activities like the selling out of policies and objectivity, designing the organisational structure etc.

6. Management is concerned with those operations leading an organisation. towards success with is the broader framework set up by Administration.

Select the correct statements:

5

Financial Sector reforms in India consist of   

6

Consider following statements :

1. Credit creation varies inversely with Cash Reserve Ratio (CRR).

2. Credit creation varies positively with Cash Reserve Ratio (CRR).

3. Bond price and interest rate are inversely related.

4. Bond price and interest rate are positively related.

Which of the above statements is correct ?    


7

The practices of transfer pricing in the open economy is resorted to by 

8

RBI in July 2015 constituted a committee to work out a five year ( medium term) action plan for financial inclusion. The committee is headed by

9

The Deficit Budget in which the deficits are covered through taxes is called   

10

Methods used by the central Bank for Credit Control?

11

my take on todays hindu paper

1.To bring uniformity in calculating base rate among  banks rbi proposed a formula to calculate the base rate for lending

   i.Rbi suggested banks to consider marginal cost of funds to calculate individual lending rates

  ii.The component of base rate include cost of funds,negative carry on crr/slr,unallocable overhead costs,average return on networth

iii.RBI said that it would implement these proposals with effect from April 1, 2016. Banks were asked submit a road map clearly indicating the time frame for adopting these guidelines two months prior to the final implementation.

2.MAT (Minimum alternate tax) to be waived for FIIs

i)Government accepts the Recommendation of the Justice A.P. Shah Committee to clarify the Inapplicability of MAT to FIIs/FPIs and has decided that an appropriate Amendment to the Income-Tax Act will be carried out

ii)Through the amendment the Government proposes to clarify that MAT provisions will not be applicable to FIIs/FPIs not having a place of business/ permanent establishment in India, for the period prior to 01.04.2015. Pending such amendment, CBDT will convey to the field formations the decision of the Government to accept the recommendation.

3)8 people killed and 31 injured in attacks in manipur

i)Violence broke out in churachandpur district in manipur after passage of 3 bills in the state assembly

-Protection of manipur people bill

-the manipur land revenue and land reforms bill 2015

-the manipur shops and establishments bill 2015

Refer hindu for this as it is clearly explained in perspective page also

4.NTPC appoints kaniha as executive director from aug 27,2015

5.BOI appoints G.padmanaban as non executive chairman,previously he served as ED in RBI

6)India won the test series against srilanka with 2-1 lead

India recorded first series victory in srilanka after 1993

Virat kohli is the captain

man of the series:ashwin for taking 21 wickets in 3 match series,this is ashwin 4th man of the series award only sachin and sehwag have won 5 for each for india

ishant sharma has taken 200 wickets became the 4th indian pacer and also he banned for 1 test for some misbehave.

If anyone has more to add please do

Thank u

12

my take on todays hindu paper

1.To bring uniformity in calculating base rate among  banks rbi proposed a formula to calculate the base rate for lending

   i.Rbi suggested banks to consider marginal cost of funds to calculate individual lending rates

  ii.The component of base rate include cost of funds,negative carry on crr/slr,unallocable overhead costs,average return on networth

iii.RBI said that it would implement these proposals with effect from April 1, 2016. Banks were asked submit a road map clearly indicating the time frame for adopting these guidelines two months prior to the final implementation.

2.MAT (Minimum alternate tax) to be waived for FIIs

i)Government accepts the Recommendation of the Justice A.P. Shah Committee to clarify the Inapplicability of MAT to FIIs/FPIs and has decided that an appropriate Amendment to the Income-Tax Act will be carried out

ii)Through the amendment the Government proposes to clarify that MAT provisions will not be applicable to FIIs/FPIs not having a place of business/ permanent establishment in India, for the period prior to 01.04.2015. Pending such amendment, CBDT will convey to the field formations the decision of the Government to accept the recommendation.

3)8 people killed and 31 injured in attacks in manipur

i)Violence broke out in churachandpur district in manipur after passage of 3 bills in the state assembly

-Protection of manipur people bill

-the manipur land revenue and land reforms bill 2015

-the manipur shops and establishments bill 2015

Refer hindu for this as it is clearly explained in perspective page also

4.NTPC appoints kaniha as executive director from aug 27,2015

5.BOI appoints G.padmanaban as non executive chairman,previously he served as ED in RBI

6)India won the test series against srilanka with 2-1 lead

India recorded first series victory in srilanka after 1993

Virat kohli is the captain

man of the series:ashwin for taking 21 wickets in 3 match series,this is ashwin 4th man of the series award only sachin and sehwag have won 5 for each for india

ishant sharma has taken 200 wickets became the 4th indian pacer and also he banned for 1 test for some misbehave.

If anyone has more to add please do

Thank u

13

The National Income (NI) of an economy refers to 

14

Book authored by Jairam Ramesh

15


“The average income of the people in province A is greater
than the average income of the people in province B. Some people migrate from
province A to province B and as a result the average income of both the
provinces rises.” Is this statement feasible?

  • E) None of the above
  • D) None of the given option
  • C) This is possible if the richer person of province A migrate to province B
  • B) This will always happen
  • A) This can never happen

0 voters

16

The incidence of sales tax falls

  • B) On only retailers if demand is completely elastic
  • E) None of the above
  • D) Always on both consumers and retailers
  • C) On only retailers if demand is completely inelastic
  • A) On only consumers if demand is completely elastic

0 voters

17

When an economist is refers to the long run, He/She is referring to


18

Who is the agent of RBI in international arena?

19

In India contribution of agriculture in gdp is very low as compared to services sector while a huge percentage of indian population is dependent on agriculture.So the question is with such a rise in population and shift towards services for employment and decline of agricultural contribution yet high demand for it.what can be the consequences in the future??

20

Which of the following is used to determine the value added in agriculture in India