NRB Pre-Test Question Paper & Solution Answer Key 2081
The Nepal Rastra Bank pre-test is an essential evaluation for banking aspirants. Understanding the questions and their solutions can help candidates prepare more effectively. Here is an in-depth look at some of the key questions and their solutions from the 2081 NRB Pre-Test.
Here are 50 multiple-choice questions (MCQs) from the NRB Pre-Test Question Paper 2081:
1. Who is considered the father/founder of Double Entry Accounting System?
A) Abraham Briloff
B) Luca Pacioli
C) William Paton
D) Gunawanta
Answer: B) Luca Pacioli
2. What information is provided by the profit and loss account?
A) Financial position
B) Status of debts
C) Results of financial performance
D) How long the business can run
Answer: C) Results of financial performance
3. On the balance sheet, accruals, notes payable, and accounts payable are listed under which category?
A) Current Liabilities
B) Contingent Liabilities
C) Noncurrent Liabilities
D) Accrued Liabilities
Answer: A) Current Liabilities
4. What is the primary function of insurance?
A) Providing financial assistance
B) Reducing financial risk
C) Providing protection against future risks
D) Investing for future needs
Answer: C) Providing protection against future risks
5. Which of the following is not the function of Nepal Rastra Bank?
A) Issuing banknotes
B) Formulating monetary policy
C) Providing loans
D) Determining foreign exchange rate system
Answer: C) Providing loans
6. According to the Constitution of Nepal, what type of economy has Nepal currently adopted?
A) Market Economy
B) Socialist Economy
C) Communist Economy
D) Socialism Oriented Economy
Answer: D) Socialism Oriented Economy
7. What is the full form of CGAS in the context of Nepali Government Accounting?
A) Computerized Government Accounting System
B) Comprehensive Government Accounting System
C) Concurrent Government Accounting System
D) Custom Government Accounting System
Answer: A) Computerized Government Accounting System
8. How many “A” class commercial banks are there in Nepal currently?
A) 18
B) 19
C) 20
D) 21
Answer: C) 20
9. Which of the following is not a tool of internal control?
A) Division of duties
B) Operational efficiency
C) Access controls
D) Data backup
Answer: B) Operational efficiency
10. What is the full form of CBDC in relation to monetary management studied by NRB?
A) Crypto Bank Digital Currency
B) Central Billing Digital Currency
C) Central Bank Digital Currency
D) Central Bank Dual Currency
Answer: C) Central Bank Digital Currency
11. What is meant by “Per Capita Income”?
A) The average income earned per person in a country
B) The total income of a country
C) The income generated by the government
D) The income earned by the private sector
Answer: A) The average income earned per person in a country
12. Which of the following is not a characteristic of Human Resource Management?
A) Pervasive function
B) Interdisciplinary function
C) Integrating mechanism
D) Job oriented
Answer: D) Job oriented
13. Which of the following is the final step in the communication cycle?
A) Encoding
B) Decoding
C) Receiving
D) Feedback
Answer: D) Feedback
14. In fiscal year 2078/79, how much was the inflation of Nepal in percentage?
A) 6.32
B) 6.62
C) 6.68
D) 6.26
Answer: B) 6.62
15. What is the full form of FAT in computers?
A) File S-word
B) File Oracle
C) File Allocation Table
D) File Application Time
Answer: C) File Allocation Table
16. If 30% of a number is 45, what is the number?
A) 120
B) 135
C) 150
D) 180
Answer: C) 150
17. Each side of a square has been increased by 20%. Find the percentage by which the area increases.
A) 20%
B) 30%
C) 44%
D) 50%
Answer: C) 44%
18. Which agency implements fiscal policy in Nepal?
A) Financial institution
B) Nepal Rastra Bank
C) Finance management training center
D) Ministry of Finance
Answer: D) Ministry of Finance
19. According to the law, who has the full authority to formulate and implement Nepal’s foreign exchange policy?
A) Ministry of Finance
B) Governor
C) Minister of Finance
D) Nepal Rastra Bank
Answer: D) Nepal Rastra Bank
20. A table was sold at a 20% loss, but a 20% profit would have been made if it had sold for an additional Rs. 160. Find out how much it costs.
A) Rs. 1200
B) Rs. 1000
C) Rs. 800
D) Rs. 500
Answer: B) Rs. 1000
21. Who is the first governor of Nepal Rastra Bank?
A) Himalaya Shamsher J.B. Rana
B) Pradyumnalal Raj Bhandari
C) Bhesh Bahadur Thapa
D) Kuleshwor Sharma
Answer: A) Himalaya Shamsher J.B. Rana
22. Who is the father of macroeconomics?
A) Alfred Marshall
B) John Maynard Keynes
C) Milton Friedman
D) Amartya Sen
Answer: B) John Maynard Keynes
23. What is the main attribute of Financial Literacy?
A) Financial knowledge and skill
B) Financial education
C) Financial planning
D) Financial access
Answer: A) Financial knowledge and skill
24. Which of the following alternatives states the exact location of Nepal?
- A) Northern Latitude 26°22″ to 30°27″ and Eastern Latitude 80°4″ to 88°12″
- B) Northern Latitude 25°22″ to 30°27″ and Eastern Longitude 81°4″ to 88°12″
- C) Latitude 25°22″ to 30°22″ North and Longitude 80°4″ to 88°31″ East
- D) Northern Latitude 25°22″ to 30°22″ and Eastern Longitude 81°4″ to 88°31″
Answer: A) Northern Latitude 26°22″ to 30°27″ and Eastern Latitude 80°4″ to 88°12″
25. What does a negotiable instrument refer to as a legal document?
A) Promissory Note
B) Bill of Exchange
C) Cheque
D) All of the above
Answer: D) All of the above
26. How many wards are there at the local level in Nepal in total?
A) 5296
B) 6366
C) 6743
D) 6983
Answer: C) 6743
27. Which organization was Nepal a member of first?
A) World Bank
B) Food and Agriculture Organization
C) International Labour Organization
D) UNESCO
Answer: B) Food and Agriculture Organization
28. Which of the following methods is used to send the same type of letter to multiple recipients?
A) Macros
B) Template
C) Mail Master
D) Mail Merge
Answer: D) Mail Merge
29. According to the Constitution of Nepal, what is the provision of minimum age to be a member of the National Assembly?
A) 34
B) 35
Answer: B) 35
30. Which country will host the FIFA World Cup in 2034?
A) Saudi Arabia
B) Spain
C) Uruguay
D) Qatar
Answer: A) Saudi Arabia
31. Which of the following is not considered a basic objective of Nepal Rastra Bank?
A) Stability of the banking system
B) Regulation of the financial market
C) Control over inflation
D) Providing commercial loans
Answer: D) Providing commercial loans
32. What is the current base year used for Consumer Price Index (CPI) in Nepal?
A) 2010/11
B) 2015/16
C) 2017/18
D) 2020/21
Answer: B) 2015/16
33. The term “invisible hand” is associated with which economist?
A) Karl Marx
B) Adam Smith
C) John Maynard Keynes
D) David Ricardo
Answer: B) Adam Smith
34. Who is the first female governor of Nepal Rastra Bank?
A) Gunawati Shrestha
B) Nilima Shrestha
C) Sita Kumari Poudel
D) No female governor to date
Answer: D) No female governor to date
35. What is the primary role of a “Statutory Auditor”?
A) Internal auditing
B) External auditing
C) Management consultancy
D) Government auditing
Answer: B) External auditing
36. What is the full form of “AMFI” in the context of mutual funds?
A) Association of Mutual Funds in India
B) Association of Money Fund Investors
C) Asset Management Financial Institutions
D) Association of Monetary Fund Inspectors
Right Answer: A) Association of Mutual Funds in India
37. The stock market index in Nepal is known as what?
A) NEPSE Index
B) NRB Index
C) NPS Index
D) SEC Index
Answer: A) NEPSE Index
38. What does “KYC” stand for in the banking sector?
A) Know Your Customer
B) Knowledgeable Youth Corporation
C) Keep Your Cash
D) Know Your Capital
Answer: A) Know Your Customer
39. What is the legal tender currency of Nepal?
A) Nepalese Dollar
B) Nepalese Rupee
C) Nepalese Taka
D) Nepalese Peso
Answer: B) Nepalese Rupee
40. What percentage of the total capital is mandatory for banks in Nepal to maintain as the “Cash Reserve Ratio (CRR)”?
A) 5%
B) 3%
C) 10%
D) 7%
Answer: A) 5%
41. Which law regulates foreign investment in Nepal?
A) Foreign Exchange Regulation Act
B) Industrial Enterprises Act
C) Foreign Investment and Technology Transfer Act
D) Nepal Investment Act
Answer: C) Foreign Investment and Technology Transfer Act
42. What is the current interest rate for savings accounts offered by commercial banks in Nepal?
A) 3%
B) 5%
C) 6%
D) 7%
Answer: B) 5%
43. What does the term “microfinance” refer to?
A) Large-scale banking services
B) Small loans for low-income individuals
C) Government subsidies
D) Corporate loans
Answer: B) Small loans for low-income individuals
44. What is the GDP of Nepal in fiscal year 2078/79?
A) Rs. 4 trillion
B) Rs. 5 trillion
C) Rs. 4.8 trillion
D) Rs. 3.6 trillion
Answer: C) Rs. 4.8 trillion
45. Which international financial institution helps Nepal in development finance?
A) World Bank
B) IMF
C) Asian Development Bank
D) All of the above
Answer: D) All of the above
46. Which of the following is the current legal framework governing anti-money laundering in Nepal?
A) Money Laundering Prevention Act
B) Anti-Terrorism Law
C) Financial Crime Act
D) Fraud Prevention Act
Answer: A) Money Laundering Prevention Act
47. What does “fiscal deficit” refer to?
A) Total government revenue
B) Excess of government revenue over expenditure
C) Excess of government expenditure over revenue
D) Total government debt
Answer: C) Excess of government expenditure over revenue
48. What is the minimum percentage of shares that a promoter must hold in a “C” class financial institution in Nepal?
A) 51%
B) 60%
C) 50%
D) 40%
Answer: A) 51%
49. Which department is responsible for overseeing the issuance of government securities in Nepal?
A) Department of Treasury
B) Public Debt Management Department
C) Department of Finance
D) Central Bank
Answer: B) Public Debt Management Department
50. Which of the following is not part of the financial system?
A) Stock exchanges
B) Insurance companies
C) Real estate agencies
D) Commercial banks
Answer: C) Real estate agencies
Conclusion
Preparing for the NRB Pre-Test requires understanding various concepts, from accounting and management to economics and general knowledge. By going through past question papers and solutions, candidates can improve their chances of success in the exam.
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