General Awareness Relating to banking Industry - General

1. In India, national income is estimated by .
(a) Planning Commission
(b) Indian Statistical Institute
(c) Central Statistical Organization
(d) National Sample Survey Organization

2. Given below are two statements .
Assertion (a) : Powers for conducting elections to the Parliament and State Legislatures in a free and
fair manner have been given to an independent body i.e. the Election Commission.
Reason (R) : Powers of removal of Election Commissioners is with the executive.

In the context of above, which one of the following is correct?
(a) Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true but R is not the correct explanation of A.
(c) A is true but R is false.
(d) A is false but R is true.

3. Which one of the following motions can the Council of Ministers in India move?
(a) No Confidence Motion
(b) Confidence Motion
(c) Adjournment Motion
(d) Censure Motion

4. Hindu Rate of growth refers to the rate of growth of .
(a) GDP
(b) Population
(c) Foodgrains
(d) Per capita income

5. Which one of the following is the time limit for the ratification of an emergency period by the Parliament?
(a) 14 days
(b) 1 month
(c) 3 months
(d) 6 months

6. Which one of the following is not an objective of fiscal policy of Indian Government?
(a) Full employment
(b) Regulation of inter-State trade
(c) Price stability
(d) Equitable distribution of wealth and income.

7. How many times has Financial Emergency been declared in India so far?
(a) 5 times
(b) 4 times
(c) Once
(d) Never

8. Which one of the following on the Consolidated Fund of India?
(a) Salary and allowances of the President of India.
(b) Salary and allowances of the Speaker of the Lok Sabha.
(c) Salary and allowances of the Justices of the Supreme Court of India.
(d) Salary and allowances of the Vice President of India.