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Learn BANK CLERK MCQs with answers [Page 1 of Department 71]

N

Neha Sharma • 6.85K Points
Tutor III 

1) Who was the First Speaker of Independent India’s Lok Sabha?

(A) Rabi Ray
(B) Hukam Singh
(C) Bali Ram Bhagat
(D) G.V. Mavalankar
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Correct Answer - Option (D)

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N

Neha Sharma • 6.85K Points
Tutor III 

2) In which country Financial Legislation is introduced in the Upper House of the Legislature?

(A) Germany
(B) Australia
(C) France
(D) Japan
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Correct Answer - Option (A)

Explanation :
In Germany, financial legislation is treated as ordinary legislation and is thus introduced in the upper house. Aside from this there are only three countries where financial legislation may be introduced in the upper house - India, where the budget is introduced in both houses simultaneously, and Italy and Switzerland where the chambers have equal powers over all legislation.

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N

Neha Sharma • 6.85K Points
Tutor III 

3) The Vice- President of India is also the

(A) Head of the State
(B) Head of the Government
(C) Speaker of Lok Sabha
(D) Ex-officio Chairman of Rajya Sabha
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Correct Answer - Option (D)

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Neha Sharma • 6.85K Points
Tutor III 

4) The Bureaucracy performs

(A) Only judicial functions
(B) Only Legislature functions
(C) Only administrative functions
(D) Administrative as well as quasi-judicial and quasi-legislative functions
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Correct Answer - Option (D)

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R

Rakesh Yadav • 4.99K Points
Extraordinary 

5) The term ‘Balanced Growth’ refers to

(A) Growth which brings about a balance between the owner and employee
(B) Growth which brings about a balance between the public and private sectors
(C) Growth which brings about a balance between the traditional and modern sector
(D) Growth pattern on which simultaneous investments are made in all the sectors of the economy, viz. Agriculture, Industry, Transport, Communication, etc.
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Correct Answer - Option (D)

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Rakesh Yadav • 4.99K Points
Extraordinary 

6) Which of the following indicates the progress of a country ?

(A) Growth of GNP
(B) Reduction of unemployment
(C) Reduction in inequalities
(D) Growth of per capital income
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Correct Answer - Option (A)

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Rakesh Yadav • 4.99K Points
Extraordinary 

7) The term ‘Invisible trade’ refers to the trade:

(A) of government with public institutions
(B) of government with other countries
(C) of the non-tangible services like the customer service, bank, marine companies and shipping companies
(D) of corporate and financial institutions with government
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Correct Answer - Option (C)

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Rakesh Yadav • 4.99K Points
Extraordinary 

8) What is ‘Recession’ ?

(A) Rise in the cost of production, especially because of wage increase
(B) Reduction of Gross Domestic Product(GDP) lasts hardly for few months
(C) Increase in money supply without a matching increase in production
(D) None of these
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Correct Answer - Option (B)

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Rakesh Yadav • 4.99K Points
Extraordinary 

9) Buyer’s market is a situation where:

(A) The supply exceeds the demand
(B) The demand exceeds the supply
(C) The demand and supply are well balanced
(D) Commodities are available at competitive rates
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Correct Answer - Option (A)

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Rakesh Yadav • 4.99K Points
Extraordinary 

10) The rate of growth of per capita income is equal to:

(A) Rate of growth of national income
(B) Rate of growth of national income minus the rate of demographic inflation
(C) Growth in national income divided by the increase in population
(D) Rate of growth of national income divided by the rate of growth of population
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Correct Answer - Option (B)

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You are learning MCQ Questions of BANK CLERK Department : 71 | Page : 1

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