Showing posts with label PNB. Show all posts
Showing posts with label PNB. Show all posts

Tuesday, October 18, 2011

Punjab National Bank Agriculture Officers Exam. 2009 Solved Paper

Punjab National Bank Agriculture Officers Exam. 2009 Solved Paper

Professional Knowledge (Economics)

1. Say’s Law of Markets states that—
(A) Demand creates its own supply
(B) Supply creates its own demand
(C) Demand creates its own demand
(D) Supply creates its own supply
(E) None of these
Ans : (D)

2. Malthusian theory of population is based on—
(A) Harmonic progression of population
(B) Geometric progression of food production
(C) Arithmetic progression of population
(D) Geometric progression of population
(E) All of the above
Ans : (D)

3. Gresham’s Law states that—
(A) Good money drives bad money out of circulation
(B) Bad money drives good money out of circulation
(C) Both good money and bad money may co-exist
(D) Neither bad money nor good money may be long in circulation
(E) None of these
Ans : (B)

4. The on-going melt down had its origin in—
(A) The real sector
(B) The financial sector
(C) The service sector
(D) The textile sector
(E) None of these
Ans : (A)

5. A competitive firm maximizes its profit when—
(A) MR = AR
(B) MR = MC
(C) MC = AC
(D) MC = AR
(E) None of these
Ans : (B)


6. ‘Supernormal’ profit may exist in a market due to—
(A) Asymmetry of information
(B) Restriction of information
(C) Quantity restriction
(D) Price restriction
(E) All the above
Ans : (A)

7. Profit is caused by—
(A) Dynamic element in the economy
(B) Innovation
(C) Windfall
(D) All of the above
(E) None of these
Ans : (D)

8. Interest is paid—
(A) To compensate for inflation
(B) Due to superiority of present over future goods
(C) Because demand for money outstrips its supply
(D) To ensure the growth of the real sector
(E) All the above
Ans : (B)

9. Investment is defined as a—
(A) Deployment of a sum in business operations
(B) Purchasing an interest bearing bond
(C) Change in the stock of capital
(D) All the above
(E) None of these
Ans : (C)

10. The unproductive expenditure of the rich is—
(A) Necessary to the employment of the poor
(B) An impediment to the growth of an economy
(C) Having no bearing on the economy
(D) Having bearing only on the economy of the rich
(E) None of these
Ans : (A)

11. Heckscher-Ohlin theory explains—
(A) Pattern of trade in terms of relative factor endowments of countries
(B) Why a country may import products which use extensively the country’s scarce factor
(C) The law of comparative cost
(D) The concept of reciprocal demand
(E) All the above
Ans : (A)

12. ‘Quasi-rents’—
(A) Are in the nature of free gifts
(B) May be applicable to all factors of production
(C) Comprise of all the returns to the firm in excess of the returns of the marginal firm
(D) All the above
(E) None of these
Ans : (C)

13. The indifference curve technique is essentially—
(A) A cardinal approach
(B) An ordinal approach
(C) A quasi-ordinal approach
(D) All the above
(E) None of these
Ans : (B)

14. The slope of an indifference curve expresses—
(A) The marginal rate of substitution of two goods
(B) A ratio of marginal utility of one good to another
(C) Both (A) and (B)
(D) A ratio of total utility of one good to another
(E) None of these
Ans : (A)

15. ‘Pass through’ effect in international trade theory refers to—
(A) The proportion of an exchange rate change that is reflected in export and import price change
(B) Exports and imports not facing any tariff barrier
(C) Exports and imports not facing any technical barrier
(D) All of the above
(E) None of these
Ans : (A)

16. Uruguay Round of multilateral trade negotiations—
(A) Started in 1986 and completed at the end of 1993
(B) Aimed at reversing the rising trend of non-tariff trade barriers
(C) Replaced the GATT with WTO
(D) Brought services and agriculture into WTO
(E) All of the above
Ans : (E)

17. Product Cycle Model in international trade theory (Vernon, 1966)—
(A) Is an extension of technological gap model
(B) Is an extension of Heckscher-Ohlin model
(C) Explains dynamic comparative advantage of new products and new processes of production
(D) All of the above
(E) None of these
Ans : (E)

18. Hedging and speculation in forex markets—
(A) Are opposite activities
(B) Parallel activities
(C) Same activities
(D) All of the above
(E) None of these
Ans : (A)

19. A currency swap refer to—
(A) A spot sale of currency combined with a forward repurchase of the same currency—as part of single transaction
(B) A forward sale of currency combined with a forward repurchase of the same currency—as part of a single transaction
(C) A forward sale of currency combined with a forward repurchase of the same currency—in two different transactions
(D) All of the above
(E) None of these
Ans : (A)

20. Public-Private Partnership projects in India are mostly related to—
(A) Airports
(B) Ports
(C) Railways
(D) Roads
(E) Urban development
Ans : (D)

21. The largest share in the short term money market of India in recent times belonged to the segment—
(A) Collaterised Borrowing and Lending Obligation (CBLO)
(B) Traditional repo
(C) Clearcorp Repo Over Matching System (CROMS)
(D) Call
(E) Others
Ans : (D)

22. As per the revised estimate of CSO, the GDP in India at factor cost during 2008-09 was—
(A) Rs. 28,71,120 crore
(B) Rs. 31,29,717 crore
(C) Rs. 33, 39,375 crore
(D) Rs. 44,82,436 crore
(E) None of these
Ans : (C)

23. Mid Day Meal Scheme—
(A) Is a centrally funded and largest school meal scheme in the world
(B) Provides each child in government and government aided school a minimum of 300 calories and 8–12 gm of protein each day of school for a minimum of 200 days
(C) Provides lunch to about 120 million children
(D) All of the above
(E) None of these
Ans : (C)

24. Insurance penetration is defined as the—
(A) Ratio of premium underwritten in a year to GDP
(B) Ratio of premium underwritten in a year to total population
(C) Ratio of insurance subscribers in a year to total population
(D) Ratio of total number of policy holders in a year to total population
(E) None of these
Ans : (A)

25. Insurance density is defined as the—
(A) Ratio of premium underwritten in a year to GDP
(B) Ratio of premium underwritten in a year to total population
(C) Ratio of insurance subscribers in a year to total population
(D) Ratio of total number of policy holders in a year to total population
(E) None of these
Ans : (B)

26. Minimum Support Prices of crops are recommended by—
(A) Planning Commission of India
(B) Commission for Agricultural Costs and Prices (CACP)
(C) Finance Commission of India
(D) Farmers’ Commission of India
(E) None of these
Ans : (B)

27. The Electricity (Amendment) Act 2007—
(A) Dispensed with licence requirement for sale from captive units
(B) Provided for joint effort by the Central and State governments for providing access to all areas including villages and markets
(C) Expanded the definition of theft to cover the use of tampered meters
(D) All of the above
(E) None of these
Ans : (D)

28. In times of slowdown of the economy, the fiscal policy influences aggregate demand through—
(A) Discretionary element
(B) Non-discretionary element
(C) Lowering of tax rates
(D) All of the above
(E) None of these
Ans : (C)

29. Thirteenth Finance Commission is headed by—
(A) Dr. Rangarajan
(B) Dr. Vijay L. Kelkar
(C) Dr. Suresh Tendulkar
(D) Dr. C. H. Hanumantha Rao
(E) None of these
Ans : (B)

30. A constitutionally recognized body is—
(A) Planning Commission
(B) Finance Commission
(C) Forward Commission
(D) Farmers Commission
(E) None of these
Ans : (B)

31. Rashtriya Krishi Vikas Yojana was launched by GOI in August 2007 with the objective(s) of—
(A) To incentivise the states to increase public investment in agriculture and allied sectors
(B) To ensure that local needs/crops/priorities are better reflected
(C) To achieve the goal of reducing the yield gaps in important crops
(D) All of the above
(E) None of these
Ans : (D)

32. The Buffer Stock of foodgrains at the beginning of February 2009 stood at—
(A) 16•2 million tonnes
(B) 20•0 million tonnes
(C) 37•4 million tonnes
(D) 36•2 million tonnes
(E) None of these
Ans : (D)

33. Public Private Partnership came to be introduced in India to—
(A) Mitigate the financial burden of the governments
(B) Respond to the technological change that allow unbundling of infrastructure
(C) Alter the character of goods and services from pure public to private ones
(D) All of the above
(E) None of these
Ans : (A)

34. Heteroscedasticity in econometric analysis means—
(A) The variance for each disturbance term (Vi) is the same for all i’s
(B) The variance for each disturbance term (Vi) is not the same for all i’s
(C) The co-variance for each pair of disturbance term is the same
(D) The co-variance for each pair of disturbance term is not the same
(E) None of these
Ans : (B)

35. Autocorrelation in econometric analysis refers to—
(A) The correlation between the values of different variables
(B) The correlation between the values of alternative variables
(C) The correlation between successive values of the same variable
(D) All of the above
(E) None of these
Ans : (A)

36. Durbin-Watson Test is applied in econometric models to test—
(A) Presence of heteroscedasticity in a model
(B) For autocorrelated errors in the sample data
(C) For multicorrelinearity
(D) For autoregressive disturbances
(E) None of these
Ans : (B)

37. A weakly stationary stochastic process is so called, if—
(A) Its mean and variance are constant over time
(B) The value of covariance between two time periods depends only on lag between two time periods
(C) The value of covariance does not depend on the actual time at which the covariance is computed
(D) All the above
(E) None of these
Ans : (D)

38. Dummy variables are used in regression models—
(A) To represent important variables that are not qualitatively measurable
(B) To capture the effect of specific attributes
(C) As binary variables
(D) To distinguish between two groups of population
(E) All of the above
Ans : (C)

39. Principal components in econometric analysis—
(A) Are linear combinations
(B) Help to increase the degrees of freedom
(C) Help to reduce high degree of multicorrelinearity
(D) All of the above
(E) None of these
Ans : (A)

40. If world population grows at 2•6 per cent, then it will double in—
(A) 44•34 years
(B) 36•92 years
(C) 29•32 years
(D) 26•66 years
(E) None of these
Ans : (E)


Punjab National Bank Previous Year Solved Papers / Books

Punjab National Bank Clerk Exam 2010 Solved Paper

Punjab National Bank Clerk Exam 2010 Solved Paper

Punjab National Bank Clerk Exam Marketing and Computer Knowledge Solved Paper


1. Four of the following five are alike in a certain way and so form a group. Which is the one that does not belong to the group ?
1. Marketing function includes—
(A) Designing new products
(B) Advertisements
(C) Publicity
(D) After sales service
(E) All of these
Ans : (E)

2. Lead generation can be resorted to by browsing—
(A) Telephone directories
(B) Yellow pages
(C) Internet sites
(D) List of existing customers
(E) All of these
Ans : (E)

3. Effective selling skills depend on—
(A) Effective lead generation
(B) Sales Call Planning
(C) Territory Allocation
(D) Effective communication skills
(E) All of these
Ans : (E)

4. Market Information means—
(A) Knowledge level of marketing staff
(B) Information about marketing staff
(C) Information regarding Share market
(D) Knowledge of related markets
(E) All of these
Ans : (D)

5. Marketing channels mean—
(A) Delivery period
(B) Delivery time
(C) Delivery outlets
(D) Delivery place
(E) All of these
Ans : (E)


6. ‘Buyer Resistance’ means—
(A) Buyer’s interest in the product being sold
(B) Buyer fighting with the seller
(C) Buyer’s hesitation in buying the product
(D) Buyer becoming a seller
(E) Buyer buying the product
Ans : (C)

7. Marketing is the function of—
(A) Sales persons
(B) Production Department
(C) Planning Department
(D) Team leaders
(E) A collective function of all staff
Ans : (E)

8. A DSA means—
(A) Direct Service Agency
(B) Direct Selling Agent
(C) Double Selling Agent
(D) Distribution Agency
(E) None of these
Ans : (B)

9. Service Marketing is resorted to in—
(A) All manufacturing companies
(B) All production houses
(C) Export units
(D) Insurance companies and banks
(E) All of these
Ans : (D)

10. Marketing is—
(A) A skilled person’s job
(B) A one day function
(C) A one time act
(D) Required only when a new product is launched
(E) None of these
Ans : (A)

11. Market share refers to—
(A) Share market prices
(B) Price fluctuation in the market
(C) Share issue floated by the company
(D) Share of wallet
(E) Share of business of the company as compared to peers
Ans : (E)

12. Service Marketing is the same as—
(A) Internet marketing
(B) Telemarketing
(C) Internal Marketing
(D) Relationship Marketing
(E) All of these
Ans : (D)

13. Current Accounts can be freely opened by ………… Find the incorrect answer.
(A) All NRIs
(B) All businessmen
(C) Government departments
(D) Firms and Companies
(E) HUFs
Ans : (E)

14. Buyer Resistance can be overcome by—
(A) Cordial relation between buyer and seller
(B) Good negotiation
(C) Persuasive communication
(D) Good after sales service
(E) All of these
Ans : (A)

15. Cross-selling is useful for canvassing—
(A) Current Accounts
(B) Fixed Deposit Accounts
(C) Student loans
(D) Car loans
(E) All of these
Ans : (E)

16. Market segmentation helps to determine—
(A) Target groups
(B) Sale price
(C) Profit levels
(D) Product life cycle
(E) All of these
Ans : (A)

17. The target group for Car loans is—
(A) Auto manufacturing companies
(B) Car dealers
(C) Taxi drivers
(D) Car purchasers
(E) All of these
Ans : (E)

18. The best promotional tool in any marketing is—
(A) e-promotion
(B) Public Relations
(C) Viral marketing
(D) Word of mouth publicity
(E) Advertisements
Ans : (E)

19. Customisation results in—
(A) Customer exodus
(B) Customer retention
(C) Customer complaints
(D) All of these
(E) None of these
Ans : (B)

20. The target group for Education Loans is—
(A) All parents
(B) All Professors
(C) All Research Scholars
(D) All Tutorial Colleges
(E) All College Students
Ans : (E)

21. Find the correct sentence.
(A) Higher the price, higher are the sales
(B) More sales persons lead to more sales
(C) Mission statement is part of a Market Plan
(D) Better sales incentives means better performance
(E) All customers are profitable customers
Ans : (C)

22. Good marketing strategy envisages good and proper—
(A) Product development
(B) Promotion and Distribution
(C) Pricing
(D) Relationship management
(E) All of these
Ans : (E)

23. Savings Accounts can be opened by—
(A) All individuals fulfilling KYC norms
(B) All individuals earning more than Rs. 1,00,000 per annum
(C) All individuals above the age of 18
(D) All salaried persons only
(E) All students below the age of 18
Ans : (C)

24. Situation Analysis is useful for—
(A) SWOT Analysis
(B) Analysis of Sales person’s performances
(C) Analysis of capital markets
(D) All of these
(E) None of these
Ans : (A)

25. Information that comes from an external source and fed into computer software is called—
(A) Input
(B) Output
(C) Throughput
(D) Reports
(E) None of these
Ans : (A)

26. With a CD you can—
(A) Read
(B) Write
(C) Neither Read nor Write
(D) Both Read and Write
(E) None of these
Ans : (D)

27. Errors in a computer program are referred to as—
(A) bugs
(B) mistakes
(C) item overlooked
(D) blunders
(E) None of these
Ans : (A)

28. Which of the following are computers that can be carried around easily ?
(A) Laptops
(B) Supercomputers
(C) PCs
(D) Minicomputers
(E) None of these
Ans : (A)

29. What menu is selected to change font and style ?
(A) Tools
(B) File
(C) Format
(D) Edit
(E) None of these
Ans : (C)

30. Where is the disk put in a computer ?
(A) In the hard drive
(B) In the disk drive
(C) Into the CPU
(D) In the modem
(E) None of these
Ans : (B)

31. A computer’s hard disk is—
(A) an arithmetic and logical unit
(B) computer software
(C) operating system
(D) computer hardware
(E) None of these
Ans : (D)

32. A compiler is used to translate a program written in—
(A) a low level language
(B) a high level language
(C) assembly language
(D) machine language
(E) None of these
Ans : (B)

33. In programming, you use the following keys—
(A) Arrow keys
(B) Function keys
(C) Alpha keys
(D) page up and Page Down keys
(E) None of these
Ans : (A)

34. Which keys enable the input of numbers quickly ?
(A) Function keys
(B) The numeric keypad
(C) Ctrl, shift and alt
(D) Arrow keys
(E) None of these
Ans : (B)

35. Files are organized by storing them in—
(A) tables
(B) databases
(C) folders
(D) graphs
(E) None of these
Ans : (C)

36. The secret code that restricts entry to some programs—
(A) entry-code
(B) passport
(C) password
(D) access-code
(E) None of these
Ans : (C)

37. Advertisements are not required in—
(A) Public Sector banks
(B) Private Sector banks
(C) Government concerns
(D) Profit making companies
(E) None of these
Ans : (C)

38. The most common method of entering text and numerical data into a computer system is through the use of a—
(A) plotter
(B) scanner
(C) printer
(D) keyboard
(E) None of these
Ans : (D)

39. Computer programs are also known as—
(A) operating systems
(B) documents
(C) peripherals
(D) applications
(E) None of these
Ans : (D)

40. A collection of unprocessed items is ………
(A) information
(B) data
(C) memory
(D) reports
(E) None of these
Ans : (B)

41. ……… is when the more powerhungry components, such as the monitor and the hard drive, are put in idle.
(A) Hibernation
(B) Power down
(C) Standby mode
(D) The shutdown procedure
(E) None of these
Ans : (C)

42. ……… is the process of dividing the disk into tracks and sectors.
(A) Tracking
(B) Formatting
(C) Crashing
(D) Allotting
(E) None of these
Ans : (B)

43. A saved document is referred to as a ………
(A) file
(B) word
(C) folder
(D) project
(E) None of these
Ans : (A)

44. Which of the following is the largest unit of storage ?
(A) GB
(B) KB
(C) MB
(D) TB
(E) None of these
Ans : (D)

45. The operating system is the most common type of ……… software.
(A) communication
(B) application
(C) system
(D) word-processing
(E) None of these
Ans : (B)

46. A ……… is approximately one billion bytes.
(A) kilobyte
(B) bit
(C) gigabyte
(D) megabyte
(E) None of these
Ans : (C)

47. A scanner scans—
(A) Pictures
(B) Text
(C) Both Pictures and Text
(D) Neither Pictures nor Text
(E) None of these
Ans : (C)

48. Dumb terminals have terminals and—
(A) Mouse
(B) Speakers
(C) Keyboard
(D) Mouse or Speakers
(E) None of these
Ans : (C)

49. The portion of the CPU that coordinates the activities of all the other computer components is the—
(A) motherboard
(B) coordination board
(C) control unit
(D) arithmetic logic unit
(E) None of these
Ans : (C)

50. A repair for a known software bug, usually available at no charge on the Internet, is called a(n)—
(A) version
(B) patch
(C) tutorial
(D) FAQ
(E) None of these
Ans : (B)


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