IBPS General Awareness

IBPS CLERKS EXAM GENERAL AWARENESS MODEL PAPER 1.What is the per capita forest cover of India ? 1) 0.06 hectare   2) 0.08 hectare 3) 0.1 hectare   4) 0.12 hectare 5) 0.14 hectare 2.The National Green Tribunal headquartered at Delhi will have beneches at all the following places except : 1) Bhopal   2) Pune 3) Kolkata   4) Jaipur 5) Chennai 3.The total remuneration paid to all the board level directors of a company cannot exceed ............ of the company's net profit as per the Companies Act, 1956. 1) 5%   2) 10% 3) 15%   4) 20% 5) 25% 4.How much were exports from Special Economic Zones (SEZs) in 2010-11 ? 1) Rs. 99,689 crore   2) Rs 2,20,711 crore 3) Rs. 3,15,867 Crore 4) Rs. 4,21,254 crore 5) Rs. 5,63,742 crore 5.Which of the following committees submitted its report on human resource issues of public sector banks to the government in October 2011 ? 1) Arun Kumar Purwar 2) Bimal Jalan 3) Anil K. Khandelwal 4) Shyamala Gopinath 5) M.V. Nair 6.Which publishing company owns the Standard & Poor's rating agency ? 1) Financial Times   2) Harper Collins 3) Pearson   4) McGraw-Hill 5) Wall Street Journal 7.Indian Oil has started providing a facility of filling tyres with ............ a superior substitute to air, at its petrol pumps recently 1) Hydrogen  2) Helium 3) Nitrogen  4) Argon 5) Ozone 8.Reliable estimates of employment and unemployment are obtained through quinquennial labour force surveys conducted by National Sample Survey Office (NSSO). How much is India's labour force as per the latest labour survey ? 1) 425 million   2) 475 million 3) 525 million   4) 550 million 5) 600 million 9.As many as 381 Special Economic Zones (SEZs) have been notified by the government as on June 30, 2011. What percentage of land used by the SEZs is waste / barren / dry / industrial, the rest being agricultural ? 1) 94%   2) 82% 3) 73%   4) 67% 5) 45% 10.Which of the following accounts for the highest share in India's foreign exchange reserves? 1) Foreign currency assets 2) Gold reserrves 3) Specia Depository Receipts 4) Reserve position in the IMF 5) None of the above 11.The Comptroller & Auditor General of India (CAG) was appointed as the external audior of which of the following UN-affiliated organisations on September 30, 2011 ? I) ILO   II) IAEA III) WIPO 1) I only   2) II only 3) I and II only   4) II and III only 5) III only 12.Which European country introduced world's first fat tax - a surcharge on foods that are high in saturated fat - recently ? 1) France   2) Germany 3) Denmark   4) Holland 5) Greece 13. e-Zameen, a project that authenticates sale of immovable property and reduces time for registration of a sale deed, is an initiative of which state government ? 1) Gujarat   2) Bihar 3) Uttar Pradesh   4) Rajasthan 5) Andhra Pradesh 14.Fresh and Healthy Enterprises LTD (FHEL) is a fully owned subsidiary of which government owned company ? 1) Steel Authority of India 2) Container Corporation of India 3) Shipping Corporation of India 4) National Aluminium Company 5) Balmer Lawrie Ltd 15.According to the Food Safety and Standards Act, Rules and Regulation 2011, which came into effect recently, all Food Business Operators having an annual turnover of ..... or more would need to take license. 1) Rs 5 lakhs  2) Rs 8 lakhs 3) Rs 10 lakhs   4) Rs 12 lakhs 5) Rs 14 lakhs 16.'The Reerve Bank of India Working Group on NBFC Sector Issues and Concerns submitted its report recently. It has recommended a Capital to Risk Weighted Assets Ratio (CRAR) of ...... for all registered NBFCs 1) 9%   2) 10% 3) 11%   4) 12% 5) 13% 17.The Reserve Bank of India (RBI) unveiled guidelines and eligibility criteria for corporates to apply for licenses to set up commercial banks in August 2011. THe bank can lend a maximum of ......... of its funds to companies owned by the licensee. 1) 10%   2) 20% 3) 30%   4) 40% 5) 50% 18.The quarterly industrial outlook survey released by the Reserve Bank of India (RBI) gives an insight into the perception of non - financial public and private limited companies engaged in manufacturing activities about their performance and future prospects. Which of the following has been commissioned by the RBI to conduct Industrial Outlook Survey for the October - December 2011 period recently ? 1) Centre of Monitoring of India Economy (CMIE) 2) National Sampel Survey Office (NSSO) 3) Centre for Research Planning and Action (CERPA) 4) National Council for Applied Economic Research (NCAER) 5) National Foundation for Corporate Governance (NCGF) 19.The Union Environment Ministry has decided to declare Sathyamangalam wildlife sanctuary a 'Tiger Reserve'. The sanctuary is in which state ? 1) Karnataka  2) Andhra Pradesh 3) Tamil Nadu   4) Puducherry 5) Kerala 20.Goa became the first state in the country to launch cashless health insurance scheme "...... Aarogya Bima Yojana" for its entire pouplation in September 2011 ? 1) Shatabdi   2) Rashtriya 3) Nehru   4) Swarnajayanti 5) Sampoorna 21.Who among the following Chief Ministers was in news for the state government's "Beti Bachao Abhiyan" (Save the Girl Child Campaign) to ensure that the state's future populationn maintained a healthy balance in its numbers of boys and girls ? 1) Shivraj S. Chouhan   2) Narendra Modi 3) Nitish Kumar   4) Ashok Gehlot 5) Sheila Dixit 22.Which Indian petroleum company was in news recently for the first hydrocarbon discovery in Sri Lanka ? 1) ONGC   2) Cairn India 3) RIL   4) Essar Oil 5) Videocon Energy 23.Which of the following All India Service celebrated golden jubilee of its establishment India services recently ? 1) Indian Administrative Service 2) Indian Police Service 3) Indian Engineering Service 4) Indian Forest Service 5) indian Economic Serice 24.Which of the following is a private sector bank? 1) Oriental Bank of Commerce 2) Karur Vysya Bank 3) Indian Bank 4) Corporation Bank 5) All the above 25. How much was Reserve Bank of India's (RBI) gross income in 2010-11 ? 1) Rs. 37,070 crore   2) Rs. 32,884 crore 3) Rs 21,150 crore   4) Rs. 15,920 crore 5) Rs 7,782 crore 26.How much were the farm loans disbursed by public financial institutions (commercial banks, regional rural banks and cooperative banks) in 2010-11? 1) Rs 5.81 lakh crore    2) Rs 4.46 lakh crore 3) Rs 3.32 lakh crore 4) Rs 2.27 lakh crore 5) Rs 1.66 lakh crore 27.With which of the following has India Post tied up to provide money transfer service to enable those working abroad to remit money to their dependants in India not having bank accounts ? 1) MoneyGram   2) Western Union 3) PayPal   4) MasterCard 5) VISA 28.Which of the following public sector companies celebrated its Golden Jubilee recently ? 1) Steel Authority of India 2) Container Corporation of India  3) Shipping Corporation of India 4) National Aluminium Company 5) Balmer Lawrie Ltd 29.Who among the following has been appointed as the Goodwill Ambassador of the Rajiv Gandhi Scheme for Empowerment of Adolescent Girls (SABLA) by Ministry of Woemn & Child Development recently ? 1) Priyanka Chopra   2) Sharmila Tagore 3) Kajol   4) Rani Mukherjee 5) Nandita Das 30.India assumed the chairmanship of which of the following international organisations in September 2011 ? 1) G77 2) Non Aligned Movement 3) G24   4) BRICS 5) G20 31.Which public sector bank has won the 'Indira Gandhi Rajbhasha Shield' for 2009-10 in 'Nationalized Banks and other Financial Institutions' category, recently ? 1) Central Bank of India 2) Corporation Bank 3) Union Bank of India 4) Indian Overseas Bank 5) Bank of India 32.Which of the following has entered into an agreement with 'The Green Goverance Programme' of ICICI Bank to implement projects like rainwater harvesting to enhance its biodiversity conservation potential recently? 1) Indian Railways   2) Indian Army 3) Indian Navy   4) Indian Air Force 5) BSF 33.Who is the Chairperson of the Union government appointed Expert Committee on alternative routes for the Sethusamudram Shipping Canal Project (SSCP) ? 1) Rajendra K Pachauri 2) M.S. Swaminathan 3) Vice Admiral V.R. Rao 4) A. Sundaramurthy 5) Madhav Gadgil 34.The State Bank of India (Subsidiary Bank Laws) Amendment Bill, 2011 passed by the Parliament recently will transfer authority over SBI and its subsidiaries from : 1) Central government to the RBI 2) Central government to the public financial institutions 3) RBI to the Central government 4) RBI to the public financial institutions 5) None of the above 35.The Reserve bank of India (RBI) unveiled guidelines and eligibility criteria for corporate India to apply for licenses to get up commercial banks in August 2011. Which of the following statements is / are correct ? I) Companies applying for banking licenses should not have any income or assets from capital market and real estate businesses II) Companies applying for banking licenses should have "successful track record" of 10 years  III) THe minimum capital required to set up new banks has been fixed at Rs 500 crore 1) I only   2) I and II only 3) II and III only   4) III and I only 5) I, II and II 36.The Reserve Bank of India (RBI) unveiled guidelines and eligibility criteria for corporate India to apply for licenses to set up commercial banks in August 2011. Which of the following statements regarding existing norms for capital adequacy ratio, foreign shareholding and listing norms is / are correct ? I) Minimum capital adequacy ratio should be 9% II) Foreign shareholding (FDI = FII + NRI) is permitted up to 74 per cent III) Listing of banks on stock exchanges is not compulsory 1) I only   2) I and II only 3) II and III only   4) III and I only 5) I, II and III 37.The Reserve Bank of India (RBI) unveiled guidelines and eligibility criteria for corporate India to apply for licenses to set up commercial banks in August 2011. The new banks will be required to open at least ............. of their branches in unbanked rural centres (population below 10,000). 1) 5 per cent   2) 10 per cent 3) 15 per cent   4) 20 per cent 5) 25 per cent 38.'Profile of Banks 2010-11' - a report on the performance of scheduled commercial banks (SCBs) in 2010-11 - was unveiled by the Reserve Bank of India in September 2011. What was the share of Publi sector banks (PSBs) in deposits and advances made by SCBs in 2010-11 ? 1) 44%, 45%   2) 56%, 55% 3) 67%, 65%   4) 78%, 77% 5) 81%, 80% 39.'Profile of Banks 2010-11' - a report on the performance of scheduled commercial banks (SCBs) in 2010-11 - was unveiled by the Reserve Bank of India in Septeber 2011. Which of the following statements about the performance of thre categories - public sector banks, private sector banks and foreign banks – is / are correct ? I) Net NPA ratio was highest for public sector banks and lowest for private sector banks II) Net NPA ratio (for all SBCs) is more than in 2010-11  III) Net NPA ratio (for all SCBs) is 0.97 1) I only   2) I and II only 3) II and III only   4) III and I only 5) I, II and II 40. 'The Reserve Bank of India Working Group on NBFC Sector Issues and Concerns' submitted its report recently. Who is the Chairperson ? 1) Indira Rajaraman   2) Shyamala Gopinath  3) Kalpana Morparia   4) Usha Thorat 5) Roopa Kudva 41.How much was India's GDP growth in the first quarter of the 2011-12 April - Jun (5) ? 1) 6.8%   2) 7.2% 3) 7.7%   4) 8.3% 5) 8.8% 42.Data of India's GDP growth in the first quarter of the 2011 - 12 (April - Jun (5) was released by the government on August 30, 2011. Which of the following statements is / are correct ? I) Agriculture showed a lower growth in first quarter of 2011-12 compared to the same period in 2010-11 II) Manufacturing and Services showed a higher growth in first quarter of 2011-12 compared to the same period in 2010-11 III) Financing, Insurance Real Estate and Business Servces accounted for the highest share of GDP in first quarter of 2011-12 1) I and II only   2) II only 3) II and III only   4) III only 5) I, II and III 43.Which of the following statements about New Pension System (NPS) is / are correct ? I) Subscribers get guaranteed rate fo return II) NPS is open for subscription for government as well as private sector employees III) FDI upto 26% is permitted in NPS 1) I and II only   2) II only 3) II and III only   4) III only 5) I, II and III 44.How many villages in the country have been covered with telephone connectivity through village public telephones as per information given by Communications Ministry in September 2011 ? 1) 5,60,000   2) 5,80,000 3) 6,10,000   4) 6,30,000 5) 6,50,000 45.Which of the following has launched "Digital Mandi" - a mobile phone application for dissemination of mandi rates of different crops in agricultural produce markets, tot he Indian farmers recently ? 1) Idea Cellular   2) Bharti Airtel 3) BSNL   4) Vodafone 5) Reliance Com 46.Which of the following has launched GOld Index to track the performance of gold prices in the domestic 1) SEBI   2) BSE 3) CRISIL   4) NSE 5) ICRA 47.How many villages int he country have been covered by Banking Serices as on March 31, 2011 as per information given by Finance Ministry on August 30, 2011 ? 1) 34,912 villages   2) 29,569 villages 3) 26,347 villages   4) 22,630 villages 5) 17,925 villages 48.How any persons are employed in micro, small and medium enterprises (MSMEs) sector as per government information in August 2011 ? 1) 373.712 lakh persons 2) 429.281 lakh persons 3) 594.61 lakh persons 4) 611.937 lakh persons 5) 704.219 lakh persons 49.Which of the following has been asked to close down its deposit taking operations by the RBI ? 1) Shriram Transport Finance Company Ltd. 2) Bajaj Finance Ltd. 3) Mahindra & Mahindra Financial Services Ltd. 4) Muthoot Capital Services Ltd. 5) Sahara India Financial Corp. 50. 'The Reserve Bank of India Working Group on NBFC Sector Issues and Concerns' submitted its report recently. WHich of the following recommendations on eligibility criteria for registration of NBFCs is / are correct ? I) NBFCs should have minimum not owned funds of Rs 2 crore II) NBFCs should have a minimum asset size of Rs 50 crore III) Existing NBFCs not satisfying 'minimum net owned funds' and 'minimum asset size' criteria should deregister 1) I only   2) I and II only 3) II and III only   4) III and I only 5) I, II and III ANSWERS: 1) 4 2) 2 3) 4 4) 2 5) 4 6) 3 7) 3 8) 3 9) 3 10) 4   11) 1 12) 4 13) 2 14) 4 15) 4 16) 4 17) 3 18) 3 19) 4 20) 3   21) 3 22) 4 23) 4 24) 3 25) 4 26) 3 27) 3 28) 2 29) 3 30) 4    31) 4 32) 4 33) 4 34) 4 35) 3 36) 3 37) 3 38) 2 39) 3 40) 4   41) 4 42) 2 43) 4 44) 4 45) 2 46) 4 47) 3 48) 4 49) 3 50) 2 IBPS CWE GENERAL AWARENESS MODEL QUESTIONS 1. We often come across the term Production Sharing Contract [PS(3)] in financial news these days. PSC refers to sharing of output with the government by companies, public sector as well private ones, in which sector ? 1) Fertiliser  2) Food processing 3) Telecom  4) Petroleum 5) None of these 2.What is the meant by recent news reports saying – "Indian Rupee is appreciating"? I) THe purchasing power of the Rupee in India has declined II) The exchange rate of Rupee in India has gone up III) The purchasing power of the Rupee in India has gone up 1) I only  2) II only 3) II or III only  4) III only 5) None of these 3.Which state was in news for passing a Bill for regulating Micro Finance Institutions recently? 1) Tamil Nadu  2) Bihar 3) Karnataka  4) Andhra Pradesh 5) None of these 4.Which of the following has become the first state to sign a MoU with the Ministry of Statistics and Programme Implementation under the state statistical strengthening project (SSSP) that will aim at building statistical capacity and infrastructure recently ? 1) Uttar Pradesh  2) Karnataka 3) Kerala  4) Tamil Nadu 5) None of these 5.The Pension Fund Regulatory and Development Authority (PFRDA) has taken which of the following decisions to popularise the New Pension System (NPS) recently ? 1) It has increased the interest rate on NPS deposits 2) It has allowed premature withdrawals 3) It has increased govt. subsidy for NPS deposit holders 4) It has increased distributors' commission 5) None of these 6.The All India Federation of Horoogical Industries represents the interests of which of the following sectors ? 1) Horticulture  2) Gems & Jewellery 3) Watch  4) Pharmaceuticals 5) None of these 7.The Ministry of New and Renewable Energy has decided to ti-up with which country to tap the latter's expertise in exploiting geo-thermal energy resources recently ? 1) South Africa  2) Iran 3) Iceland  4) Bolivia 5) None of these 8.Which public sector bank copelted the acquisition JSC Dana Bank of Kazakhstan recently? 1) Dena Bank  2) Canara Bank 3) PNB  4) Bank of India 5) None of these 9.GRIHA rating system is used for which of the following ? 1) Cement  2) NBFCs 3) Buildings  4) Gold 5) None of these 10.The Genetic Engineering Appraisal Committee (GAC) recently gave its approval for field trials of a genetically modified variety of which of the following cash crops ? 1) Coconut  2) Pepper 3) Cardamom  4) Rubber 5) None of these 11.Which of the following statements is/are correct about the distribution of Central financial assistance to states ? I) Central financial assistance for states is calculated according to the Gadgil Formula II) The highest weightage is given to the per capita income of the state III) The lowest weightage is given to the population of the state 1) I only  2) I and II only 3) II only  4) I and III only 5) None of these 12.Which of the following public sector companies sells gold coins and silver ornaments under the trademark 'Sanchi'? 1) Rare Earths Ltd  2) State Trading Corporation (STC) 3) National Mineral Development Corporation (NMDC) 4) Minerals and Metals Trading Corporation (MMTC) 5) None of these 13.Power produced from which of the following sources has the highest share in India's annual power generation capacity ?  1) Hydro  2) Coal 3) Gas  4) Nuclear 5) None of these 14.What is the share of private expenditure on health in the total health expenditure in India according to the World Health Report of the World Health Organisation released recently? 1) 12%  2) 37% 3) 46%  4) 72% 5) None of these 15.BHAVINI is a public sector company in which sector ? 1) Shipping  2) Metals trading 3) Space  4) Nuclear energy 5) None of these 16.Which of the following statements about the Indian Economy in 2050 as per a recent report by Pricewaterhouse Coopers (Pwc) is / are correct ? I) India's GDP in Market Exchange Rate (MER) terms will be the fourth highest in the world in 2050 II) India's GDP in Purchasing Power Parity (PPP) terms is the second highest in the world in 2050  III) Only China will be ahead of India in both MER and PPP terms in 2050 1) I only  2) I and II only 3) II only  4) II and III only 5) None of these 17.Which of the following are not listed on stock exchanges in India ? 1) Fertiliser companies 2) NBFCs 3) Insurance companies  4) Airlines 5) None of these 18.What should be the minimum share of solar energy in states' total power purchases by 2022 as per the amendment in power tariff policy recently ? 1) 1%  2) 2%  3) 3%  4) 4% 5) None of these 19.Which of the following statements about FDI in retail sector is / are correct ? I) 100 per cent FDI is permitted in cold chain through the automatic route. II) Up to 33 per cent FDI is permitted in single brand retail III) 100 per cent FDI is permitted in wholesale cash and carry 1) I only  2) I and II only 3) II only  4) III and I only 5) None of these 20.Which of the following pairs of large banks and their countries of origin is / are correctly matched ? I) JPM organ Chase - Britain II) ING Group - Netherlands III) Standard Bank - South Africa 1) I only  2) I and II only 3) II and III only  4) I, II and III 5) None of these 21.Which of the following statements about exicise duty on cotton and man - made (synthetic) fibres is / are correct ?  I) Man - made (synthetic) fibres attract a higher excise duty than cotton fibres II) Man-made (synthetic) fibres attract lower excise duty than cotton fibres III) No excise duty is levied on cotton fibres 1) I only  2) II only 3) I and III only  4) III only 5) None of these 22.The Bombay Stock Exchange launched the BSE TASIS Shariah 50 - a stock index that is compliant with Shariah - recently. The Index cannot invest in shares of companies in which of the following sectors ? I) Banking  II) Cement & Steel III) Alcohol & tobacco products 1) I only  2) I and II only 3) III only  4) I and III only 5) None of these 23.Which of the following has launched the 'Bank on Bike' initiative to cover villages untouched by banking facilities so far recently ? 1) Bank of India  2) Bank of Baroda 3) Central Bank of India  4) SBI 5) None of these 24.Which of the following has decided to enter the nuclear power sector following an agreement with the Nuclear Power Corporation recently ? 1) Tata Power  2) NHPC 3) Indian Oil  4) ONGC 5) None of these 25. Which of the following pairs of India's public sector banks and their headquarters are correctly matched ? I) Punjab National Bank - New Delhi II) Allahabad bank – Kolkata III) Bank of India - Mumbai 1) I only  2) I and II only 3) II and III only  4) I, II and III 5) None of these 26.The tax on short - term capital inflows is named after which Nobel Laureate in economics ? 1) Gary Becker  2) james M. Buchanan 3) James Tobin  4) Myron Scholes 5) None of these 27.The term 'round - tripping' often appears in financial news these days. What does it mena? 1) Importing products that are not easily available in the domestic markes 2) Indian companies re-exporting imported products without any value addtion 3) Brining back illicit money hiddern aborad by Indians under a different name 4) Imposing high customs duty to discourage dumping of goods in Indian market 5) None of these 28.Infant Mortality Rate (IMR) data for high focus states (states where IMR is above national average) is collected once every five years. The Union Health Ministry has now decided to collect such data ....... 1) half yearly  2) annually 3) once every two years 4) once every three years 5) None of these 29.Which country's gold output of 340.88 tonnes was the highest in the world in 2010 ? 1) Canada  2) South Africa 3) China  4) USA 5) None of these 30.Which of the following became the first oil & gas company to find shale gas deposits in India recently ? 1) Reliance Industries Ltd. 2) Cairn India  3) Essar Oil 4) ONGC  5) None of these 31.'Anushakti Vidhyut Nigam Ltd' was incorporated as a joint venture between Nuclear Power Corporation of India Ltd and which of the following recently ? 1) NMDC  2) NHPC 3) BEL  4) NTPC 5) None of these 32.Which of the following was founded in 1956 by the Government of India with funding from the Ford Foundation ? 1) National Institute of Public FInance and Policy 2) National Institute of Bank Management 3) National Institute of Findnancial Management 4) National Council of Applied Economic Research  5) None of these 33.China emerged as the world's second largest economy in 2010 overtaking ...... 1) France  2) Britain 3) Germany  4) Japan 5) None of these 34.CARINGS has been launched by Ministry of Womena nd Child Development to : 1) improve gender parity 2) reduce infant mortality 3) improve child immunisation 4) facilitate adoption 5) None of these 35.The Union Cabinet has approved amendments in the Coinage Bill 2009 that seeks to amalgamate four existing Acts relating to coinage recently. Which of the following Acts is the oldest ? 1) The Indian Coinage Act 2) The Small Coins (Offences) Act 3) The Metal Token Act 4) The Bronze Coin (Legal Tender) Act 5) None of these 36.Which of the following is not a hedge fund ? 1) Magellan  2) Hibhbridge 3) Gartner  4) D.E. Shaw 5) None of these 37.Preferred Provder Network (PPN) is a term used n which of the following businesses ? 1) Commodities trading  2) Retailing 3) Health insurance  4) Foreign trade 5) None of these 38.Which of the following has introduced a new tool named Data Ware Housing and Business Intelligence System (DWBIS) for speedy analysis of data and identification of violations? 1) IRDA  2) SEBI 3) RBI  4) TRAI 5) None of these 39.The government has introduced three new consumer price indices – CPI (Rural), CPI (Urban) & CPI (Combined) – with 2010 as the base year recently. Which of the following is not among the five major commodity groups covered in the indics ? 1) Food, beverages and tobacco 2) Fuel and light 3) Education and schooling 4) Housing 5) None of these 40.Which of the following has launched the 'Everywhere Teller Machine' (ETM) in India ? 1) Stanchart Bank  2) HDFC Bank 3) SBI  4) Axis Bank 5) None of these 41.Regional Rural Banks (RRBs) are owned b : I) Their Sponsor Bank II) Government of the state where they are located III) Union government 1) I only  2) I and II only 3) II and III only  4) I, II and III 5) None of these 42.'Easy Exit Scheme 2011' floated by the Ministry of Corporate Affairs refers to which of the following ? 1) Privatisation of loss-making public sector companies 2) Removal of names of defunct companies from the Registrar of Companies 3) Closure of loss-making industries after paying off creditors 4) Removal of SEZ status for companies not fulfilling export obligations 5) None of these 43.What is the financial inclusion campaign lacunched by the government to bring banking services to vast unbanked rural areas in the country recently named ? 1) Swawlamban  2) Swatantra 3) Swadhar  4) Swabhiman 5) None of these 44.Whch of the following statements about India's population and surface area is are correct as per the provisional figures of Census 2011 ? I) India accounts for 2.4 percent of the world surface area II) India sustains 17.5 percent of the world population III) Population density has increased between 2001 and 2011 1) I only  2) I and II only 3) III and I only 4) I, II and III 5) None of these 45.According to the RBI, branches serving population of ........ and above are classified as Metropolitan branches 1) 5 lakh  2) 10 lakh 3) 25 lakh 5) 50 lakh 5) None of these 46.Which state government has announced introduction of 'Vanita Family Card' for below poverty line families that will enable them travel in road transport corporation buses at concessional fares recently ? 1) Karnataka  2) Tamil Nadu 3) Maharashtra  4) Andhra Pradesh 5) None of these 47.'French Auction' is a term used in which of the following sectors of financial services ? 1) Banking  2) Insurance 3) Capital markets  4) Micro-finance 5) None of these 48.The department of industrial policy and promotion (DPP) is promoting NMIZs to improve the spread of industrilisation in the country. NMIZ refers to which of the following ? 1) New Manufacturing and Investment Zones 2) National Medium Industry Zones 3) National Manufacturing Industry Zones 4) National Manufacturing and Investment Zones 5) None of these 49.Which state / union territory has the lowest literacy rate as per provisional figures of Census 2011 ? 1) Orissa  2) Mizoram 3) Bihar  4) Rajasthan 5) None of these 50.The Department of Industrial Poliyc and Promotion announced changes in FDi policy recently. Which of the following statements is / are correct ? I) Indian companies have been allowe to convert foreign debt into equity II) Indian companies have been allowed to issue equity to fund imports of machinery and capital goods III) 51 per cent FDI is currently allowed in multi-branch retail trade 1) I only  2) I and II only 3) II and III only  4) III and I only 5) None of these ANSWERS: 1) 4 2) 4 3) 4 4) 2 5) 3 6) 4 7) 3 8) 3 9) 3 10) 4 11) 1 12) 4 13) 2 14) 4 15) 4 16) 4 17) 3 18) 3 19) 4  20) 3 21) 3 22) 4 23) 4 24) 3 25) 4 26) 3 27) 3 28) 2 29) 3  30) 4 31) 4 32) 4 33) 4 34) 4 35) 3 36) 3 37) 3 38) 2 39) 3 40) 4  41) 4 42) 2 43) 4 44) 4 45) 2 46) 4 47) 3 48) 4 49) 3 50) 2 IBPS CLERKS EXAM GENERAL AWARENESS MODEL PAPER 1. From which state was the Janani 0 Shishu Suraksha Karyakram (JSSK) of the Ministry of Health and Family Welfare launched recently ?  1) Kerala   2) Maharashtra  3) Haryana   4) Rajasthan 5) None of these 2. RBI has decided to release a Rs. 5 coin mark 1000 years of which temple recently ? 1) Sabarimala Temple  2) Kashi Vishwanath Temple, Varanasi  3) Brihadeeswara Temple, Thanjavur  4) Vaishno Devi Temple  5) None of these 3. Which of the following approved $ 1 billion loan for the National Ganga River Basin Project recently ? 1) UNEP   2) ADB  3) World Bank  4) All above jointly 5) None of these 4. The revised estimates of national income for the financial year 2010-11 were released by the Central Statistical Organisation (CSO) on May 31, 2011. Which of the following statements is / are correct ? I) Gross Domestic Product (GDP) at factor cost at 2004-05 prices is Rs. 4877842 crore II) Per Capita GDP at factor cost at 2004-05 prices is Rs. 38,247 III) Per Capita Net National Incoem (NNI) at factor cost at 2004-05 prices is Rs. 35,917   1) I only   2) I and II only 3) II and III only   4) I and III only 5) None of these 5. The government has set up ......... Vidyut Vyapar Nigam' as the Central Agency to purchase solar power from the developers and sell it to distribution companies such as state electricity boards. 1) BHEL   2) NHPC 3) REC   4) NTPC 5) None of these 6. The Reserve Bank of India (RBI) announced a change in its overseas direct investment guidelines to give Indian companies more flexibility in managing international joint ventures (JVs) and wholly-owned subsidiaries. Which of the following statements is / are correct ? I) Listed companies will be allowed to write off 25 per cent capital, loans and other receivables such as royalty and management fee of their JVs and wholly-owned subsidiaries without seeking RBI permission II) These guidelines will be applicable for JVs in which Indian promoters own at least 51 per cent  III) Existing regulations allow restructuring of balance sheets only for winding - up of JVs and wholly - owned subsidiaries abroad 1) II only   2) I and II only 3) III and I only   4) I, II and III 5) None of these 7. Which public sector bank is associated witht he launch of India's first Gramin Bank (Rural Bank) ATM Card in asociation with Vranasi - based Kashi Gomti Samyut Gramin Bank and National Payments Corporation of India (NPCI) recently ? 1) Allahabad Bank   2) SBI 3) Canara Bank   4) UBI 5) None of these 8. The government announced the setting up of a special wing - Directorate of Income Tax (Criminal Investigation) - to investigate criminal offences under direct tax laws recently. Which of the following statements is / are correct ? I) It will work under the purview of Enforcement Directorat II) It will cover evasion of income tax and corporate tax III) It will cover evasion of excise and customs duties 1) I only   2) I and II only 3) II only  4) III only 5) None of these 9. Which of the following is not among the five-fold strategy adopted by the government to tackle the menace of illicit funds ? 1) Joining global crusade against 'black money' 2) Creating an appropriate legislative framework 3) Setting up institutions for dealing with Illicit Funds 4) Offering amnesty schemes to bring back black money 5) None of these 10. The National Food Security Mission (NFSM) does not cover : 1) Rice   2) Coarse Cereals 3) Pulses   4) All the above 5) None of these 11. Which of the following statements about rules governing the New Pension Scheme (NPS) is / are correct ? I) Fund managers under NPS can be from public sector as well as private sector II) NPS funds cannot be invested in equity markets III) Both government and private sector employees can invest in NPS 1) I only   2) I and II only 3) II and III only   4) I and III only 5) None of these 12. SCORES is a complaints redressal system launched by : 1) SEBI   2) IBA 3) CBDT   4) CCI 5) None of these 13. Direct tax collections account for what share of GDP in India ? 1) 9.26 per cent   2) 7.62 per cent 3) 5.66 per cent   4) 4.72 per cent 5) None of these 14. The government has increased the duty - free import quota for garments from which neighbouring country by two million pieces to 10 million recently ? 1) Nepal   2) Bangladesh 3) Myanmar   4) Bhutan 5) None of these 15. The Committee set up to review the functioning of the National Small Savings Fund (NSSF) submitted its report to the Finance Ministry recently. Which of the following statements is / are correct ? I) It has recommended an increase in the ceiling on annual subscriptions in Public Provident Fund (PPF). II) It has recommended an upward revision of the rate of interest in Post Office Saving Account from 3.5% to 4%. III) It has recommended in increae in the compulsory investment of net small savings collections in State Government Securities 1) I only   2) I and II only 3) II and III only   4) I and III only 5) None of these 16. Which of the following statements regarding recent changes in the Indira Gandhi National Old Age Pension Scheme (IGNOAPS) is / are correct ? I) Age limit for identification of beneficiaries has been lowered II) 60 years is the new age limit for identification of beneficiaries III) Monthly pension has been increased for al beneficiaries 1) I only   2) I and II only 3) II only   4) I, II and III 5) None of these 17. The draft National Manufacturing Policy was given in - principle approval by a High Level Committee on Manufacturing, held under the Chairmanship of the Prime Minister recently. Which of the following statements is / are correct ? I) The objective is to generat 100 million additional jobs by 2025 II) The objective is to raise the share of manufacturing in GDP to 30% by 2025 III) Manufacturing Industry Promotion Board (MIPB) should be set up to facilitate overseas investments by Indian companies 1) I only   2) I and II only 3) II and III only   4) I, II and III 5) None of these 18. The government announced certain changes in the Indira Gandhi National Old Age Pension Scheme (IGNOAPS) recently. Which of the following statements is / are correct ? I) More than 3 crore persons are covered under the IGNOAPS currently II) Total additional requirement of funds for implementing the changes will be Rs. 2,770 crore in 2011-12 II) Age limits for windows and disabled covered under the scheme has been lowered 1) I only  2) I and II only 3) II only   4) II and III only 5) None of these 19. The National Broadband Plan is aimed at rolling out broadband infrastructure to every village with more than ...... people. 1) 500   2) 1000 3) 1500   4) 2000 5) None of these 20. The new series of the Index of Industrial Production (IIP) was unveiled recently. Which of the following statements is / are correct ? I) 2004-05 will be the base year II) The weight of manufacturing in the new IIP has been increased III) The weight of mining and electricity has been reduced in the new IIP 1) I only   2) I and II only 3) II and III only   4) I, II and III 5) None of these 21. The government replaced the Duty Entitlement Pass Book [DEP(2)] scheme of export promotion replaced with Duty Drawback scheme on September 30. Which of the following statements is / are correct?  I) DEPB was a reimbursement of Customs duty paid by an exporter on an imported input used in the export product  II) DEPB was a cashless export promotion scheme III) DEPB was administered by the revenue department of Finance Ministry 1) I only   2) I and II only 3) II and III only   4) III and I only 5) None of these 22. What is the interest rate in 2011-12 on fresh loans for farmers who have repaid their previous short - term loans on time ? 1) 3%   2) 4% 3) 5%   4) 6% 5) None of these 23. Which of the following indexes was coined by economist Arthur Okun ? 1) Corruption Perception Index 2) Network Readiness Index 3) Terrorism Risk Index 4) Misery Index 5) None of these 24. Which of the following category of workers were included under the Rashtriya Swasthya Bima yojana (RSBY) recently ? 1) Railway porters   2) Beedi workers 3) Carpenters   4) Masons 5) None of these 25. Which of the following have been disallowed from opening branches abroad by the RBI recently ? 1) Private sector banks 2) Pension Funds 3) Cooperative banks 4) NBFCs 5) None of these 26. Which of the following is the power excahnge being set up by NPTC ? 1) Bharat Power Exchange Ltd 2) National Power Exchange Ltd 3) Power Exchange India Ltd 4) None of the above 5) None of these 27. India has filed an application for an extension of its Exclusive Economic Zone (EEZ) from ...... nautical miles to ............. nautical miles with the United Nations Commission on the Law fo the Sea 1) 100, 300   2) 200, 250 3) 100, 250   4) 200, 350 5) None of these 28. Which was India's best performing state during 1980-2004 in terms of productivity of the organised manufacturng sector, according to a RBI sponsored study unveiled recently ? 1) Bihar   2) Tamil Nadu 3) Karnataka   4) Haryana 5) None of these 29. What was the insurance penetration (percentage of insurance premium to Gross Domestic Product) in India in 2009 according to figures released by the Finance Ministry in August 2011 ? 1) 3.14   2) 4.80 3) 4.70   4) 5.39 5) None of these 30. Indian - mining companies have bid for a stake in Hajigak ..... ore mines in Afghanistan 1) Bauxite   2) Copper 3) Iron    4) Coal 5) None of these 31. India and ir Lanka signed a MoU to develop the ....... port in July 2011 1) Kankesanthurai   2) Hambantota 3) Trincomalee   4) Galle 5) None of these 32. The establishment of Serious Fraud Investigation Office to tackle white collar crimes is based on the recommendations of : 1) Vepa kamesam committee 2) J. Venkateswarlu committee 3) Jaydeep N. Shah committee 4) Nilesh S. Vikamsey committee 33. 'Sukhi Griha Parikalpana' is a housing welfare scheme for rehabilitation of slum dwellers launched by which central government ministry? 1) Railway 2) Rural Development 3) Urban Development 4) Labour & Employment 5) None of these 34. A draft policy on foreign direct investment (FDI) in multi-brand retail was unveiled by a committee of secretaries (CoS) in July 2011. Which of the following statements regarding current FDI policy in retail is / are correct ? I) FDI upto 10% is permitted in multi-brand retail. II) 100% FDI is permitted in cash & carry wholesale trade III) FDI upto 51% is permitted in single - brand retail 1) I only   2) I and II only 3) II and III only   4) I, II and III 5) None of these 35. The government approved the acquisition of ...... Commercial and International Bank Ltd.' by ........ was approved by the government in July 2011. 1) State Bank of India 2) Bank of India 3) Axis Bank   4) ICICI 5) None of these 36. What is the base year of the new series of Consumer Price Indices (CPI) for rural, urban and combined introduced by the govenment in January, 2011 ? 1) 2005   2) 2007 3) 2008    4) 2010 5) None of these 37. Which of the following was imposed a penalty of Rs. 55.5 crore for abusing its dominant position in the currency derivative (CD) market in June 2011 ? 1) National Stock Exchange 2) MCX-SX 3) Bombay Stock Exchange 4) OTCEI   5) None of these 38. Use of the which of the following softwares in reporting financial results of companies was made compulsory by the government recently? 1) XBRL   2) Tally 3) HTML   5) None of these 39. What is the minimum time of operation an insurance company is required to launch an initial public offer (IPO) ? 1) 3 years   2) 5 years 3) 7 years   4) 10 years 5) None of these 40. The Finance Ministry recently unveiled the structure of the infrastructure debt funds (IDFs) proposed in Budget 2011-12. Which of the following statements is / are correct ? I) IDF can be set up as a mututal fund (MF) II) IDF can be set up as a non - banking finance company (NBFC) III) IDF can be regulated by RBI or SEBI 1) I and II only   2) II only 3) II and III only   4) I, II and III 5) None of these 41. The securities and Exchange Board of India (SEBI) announced key changes int he Takeover Code governing mergers and acquisitions of companies in the country in July 2011. According to the new rules an investor whose shareholding in a company exceeds a certain limit will have to make an open offer to acquire a further ..... of the shareholding of the company 1) 18%   2) 20% 3) 24%   4) 26% 5) None of these 42. The comprehensive economic partnership agreement (CEPA) between India and Japan came into effect on August 1, 2011. This is India's third CEPA after ....... 1) USA and United Kingdom 2) Singapore and South Korea 3) Malaysia and Thailand 4) China and Hong Kong 5) None of these 43. The European Union has decided to lift restrictions on India's export of which of the following passing through European ports ? 1) Processed food 2) Cheap medicines 3) Arms and Ammunition 4) Radioactive waster 5) None of these 44. Which state has the highest slum population in India according to Housing and Urban Poverty Alleviation Ministry ?  1) Maharashtra   2) Andhra Pradesh 3) Uttar Pradesh   4) West Bengal 5) None of these 45. What is India's Per Capita Income at current prices in 2010-11 ? 1) Rs. 41,532   2) Rs. 45,278 3) Rs. 49,294   4) 54.835 5) None of these 46. What is the share of Micro, Small and Medium Enterprises (MSMEs) in India's industrial production ?  1) 8.72%  2) 16.18% 3) 24.67%   4) 44.86% 5) None of these 47. The M. Damodaran committee on customer services by banks has suggested sweeping changes in banking practices in its report submitted to the Reserve Bank of India (RBI) in August 2011. Which of the following statements regarding its recommendations is / are correct ? I) There should be a common customer service call centre for all banks  II) Insurance cover for deposits should be raised to Rs 500, 000 from Rs 100,000 now  III) Banks should offer savings accounts with facilities like cheque facility, ATM card, etc without prescribing a minimum balance requirement 1) I only   2) I and II only 3) II and III only   4) I, II and III 48. The State Bank of India (Subsidiary Banks Laws) Amendment Bill 2009 was passed by the Lok Sabha on August 11, 2011. Which of the following statements is / are correct ? I) It allows subsidiary banks of State Bank of India (SBI) to raise capital through public issue route or through preferential allotment of equity shares II) It authorises the Centre to approve increase in or reduction of the authorised capital of a subsidiary bank III) It permits the SBI Chairman to nominate an official of the State Bank or the subsidiary bank as the Chairman of the Board of a subsidiary bank 1) I only   2) I and II only 3) II and III only   4) I, II and III 5) None of these 49. Which of the following is / are sold below market price to consumers in India ? 1) Kero sene   2) Diesel 3) LPG   4) All the above 5) None of these 50. The Standing Committee on Petroleum and Natural Gas in its report submitted on August 3, 2011 has called for an end to sale of subsidised domestic cooking gas (LPG) for people with income of more than ....... per annum. 1) Rs 2 lakh   2) Rs 3 lakh 3) Rs 4 lakh   4) Rs 6 lakh 5) None of these ANSWERS: 1) 3 2) 3 3) 3 4) 4 5) 4 6) 4 7) 4 8) 3 9) 4 10) 2   11) 4 12) 1 13) 3 14) 2 15) 2 16) 2 17) 1 18) 4 19) 1   20) 1 21) 2 22) 3 23) 4 24) 2 25) 4 26) 2 27) 4 28) 1 29) 4   30) 3 31) 1 32) 1 33) 1 34) 4 35) 1 36) 4 37) 1 38) 1 39) 4 40) 4   41) 4 42) 2 43) 2 44) 1 45) 4 46) 4 47) 4 48) 4 49) 4 50) 4 GENERAL AWARENESS MCQs FOR BANK EXAMS 1.Jose Graziano da Sliva of Brazil was elected in June 2011 as the Director-General of which of the following international organizations? 1) UNESCO 2) UNICEF 3) WHO 4) FAO 5) IAEA 2. Ranjan Mathai holds which of the following official positions? 1) Cabinet Secretary 2) Home Secretary 3) Finance Secretary 4) Defence Secretary 5) Foreign Secretary 3. Prakash Bakshi is the Chairman of which of the following institutions / banks? 1) SBI 2) IDBI Bank 3) SEBI 4) PNB 5) NABARD 4. Recep Tayyip Erdogan was reelected as the Prime Minister of which of the following countries in June 2011? 1) Israel 2) Turkey 3) Bangladesh 4) Pakistan 5) None of these 5. Which the following days is not observed in August? 1) Hiroshima Day 2) Nagasaki Day 3) Quit India Day 4) National Youth Day 5) National Sports Day 6. The 9,900 MW Jaitapur nuclear power project will be set up in collaboration with Areva Company of France. In which state is Jaitapur situated? 1) Rajasthan 2) Maharashtra 3) Karnataka 4) Orissa 5) Andhra Pradesh 7. With the collaboration of which of the following countries is the Koodankulam nuclear project in Tamil Nadu being established? 1) France 2) USA 3) Russia 4) Kazakhstan 5) Mongolia 8. Which is the first microfinance institution (MFI) in India to issue an Initial Public Offering (IPO)? 1) SKS 2) Basix 3) Spandana 4) Share 5) Aashirvad 9. Yogesh Agarwal is the chairman of which of the following regulators? 1) FMC 2) TRAI 3) SEBI 4) PFRDA 5) NABARD 10. Which of the following is an air to air missile? 1) Agni 2) Prithvi 3) Astra 4) Akash 5) Shourya 11. Identify the mismatched pair. 1) Amar Pratap Singh -CBI Director 2) Nehchal Sandhu - IB Director 3) Sanjeev Tripathi - RAW Director 4) R.K. Medhekar - NSG Director -General 5) Shiv Shankar Menon - NIA Director-General 12. Which of the following books is not written by V.S. Naipaul? 1) In a Free State 2) A Bend in the River 3) A House for Mr. Biswas 4) Development as Freedom 5) The Masque of Africa 13. The headquarters of Allahabad Bank are located in which of the following city? 1) New Delhi 2) Chennai 3) Kolkata 4) Allahabad 5) Mumbai 14. Identify the mismatched pair Book -Author 1) Pakistan: The Gathering Storm- Benazir Bhutto 2) Songs of Blood and Sword- Fatima Bhutto 3) The Red Sari: When life is the Price of Power- Javier Moro 4) Daughter of the East- Sheikh Hasina 5) The Insider- P.V.Narasimha Rao 15. Which of the following is the oldest hockey tournament in India? (It was instituted in 1895) 1) Aga Khan Cup 2) Beighton Cup 3) Bombay Gold cup 4) Rangaswamy Cup 5) Obaidullah Khan Gold cup 16. Identify the mismatched pair with regard to the FIFA world cup football tournaments? YEAR- HOST COUNTRY 1) 2010 -South Africa 2) 2014 -Brazil 3) 2018 -Russia 4) 2022 -USA 5) None 17. Al Jazeera's English news channel will be launched in India very soon. It is based in which of the following city? 1) Kuwait city 2) Riyadh 3) Doha 4) Tehran 5) Muscat 18. Which of the following statements about the Organization for Economic Co-operation and Development (OECD) is not true? 1) OECD is an international economic organization founded to stimulate economic progress and world trade. 2) It has celebrated the 50th anniversary in 2011. 3) 34 states are its members. 4) Jose Angel Gurria of Mexico is the Secretary General of OECD. 5) Its headquarters are in Washington. 19. Every year the first Monday of October is observed as? 1) World Environment Day 2) World Habitat Day 3) World Diabetes Day 4) UNO Day 5) World Development Informat-ion Day 20. Which of the following city will host the 2014 winter Olympic Games? 1) Vancouver 2) Nagono 3) Salt Lake city 4) Sochi 5) None of these 21.Identify the mismatched pair Bank -Punch Line 1) Andhra Bank -For all your needs 2) Vijaya Bank -A friend you can bank upon 3) Corporation Bank- A premier public sector bank 4) Canara Bank -Together we can 5) Allahabad Bank -Relationships beyond banking 22.Wikileaks founder Julian Assa-nge is in the news recently. To which country does he belong? 1) USA  2) Sweden 3) UK 4) Australia 5) Canada 23.Identify the odd man out 1) Dena Bank 2) Bank of Maharashtra 3) Karnataka Bank 4) Bank of India 5) Central Bank of India 24.The Swarnjayanti Gram Swarozgar Yojana (SGSY) has been re-christened as? 1) MGNREGA 2) JNNURM 3) NRLM 4) Bharat Nirman 5) None of these 25.Which of these associate banks of SBI are fully owned by the State Bank of India? 1) SBT & SBH 2) SBM & SBT 3) SBT & SBBJ 4) SBH & SBP 5) None of these 26.POSCO steel project, India's largest FDI project worth $ 12 billion, got approval from the Environment and Forests Ministry to build a steel plant at Jagatsinghpur in Orissa. To which country does POSCO belong? 1) USA 2) UK 3) South Africa 4) Japan 5) South Korea 27. Identify the mismatched pair COMPANY CEO 1) Pepsico Indra Nooyi 2) Nokia Sanjay Jha 3) Citigroup Vikram Pandit 4) Reckitt Benckiser Rakesh Kapoor 5) Adobe Systems Shantanu Narayen 28.Indian -American Silicon Valley venture capitalist Vinod Khosla has pledged half of his $ 1.4 billion fortune to charity. He is the co-founder of which of the following companies? 1) Google 2) Microsoft 3) Hotmail 4) Sun Microsystems 5) Yahoo! 29.In which year was the RBI Act passed? 1) 1934 2) 1935 3) 1949 4) 1947 5) None of these 30.Which bank has recently started "SMS Unhappy" service to address customer complaints? 1) SBI 2) SBH 3) Andhra Bank 4) Vijaya Bank 5) Bank of Baroda 31.Which bank is credited with the launching of the following projects? A.Bank on Bike initiative for villages untouched by banking facilities so far was started in Medak district of Andhra Pradesh. B. One Rupee Bank in Hyderabad for urban financial inclusion. C. Kohinoor Banjara Premium Banking Centre in Hyderabad where minimum account balance is Rupees one crore. 1) SBH 2) Andhra Bank 3) ICICI Bank 4) SBI 5) HDFC Bank 32.The 4th advance estimates of food grain production for 2010-11was released on July 19, 2011. India has produced how many million tonnes of food grains during 2010-11? 1) 218.11 2) 234.47 3) 241.56 4) 252.47 5) None of these 33.Sushil Modi is the chairman of the empowered committee on goods and service tax (GST). He is the finance minister of which of the following states? (GST will replace VAT from April 1, 2012) 1) Gujarat 2) Bihar 3) Jharkhand 4) Rajasthan 5) Chhattisgarh 34. Which country accounted for 42 percent of total foreign direct investment (FDI) of $19.42 billion in 2010-11? 1) USA 2) UK 3) Mauritius 4) Cyprus 5) China 35. Identify the mismatched pair 1) Central Board of Film Certification- Sharmila Tagore 2) Children's Film Society of India-Nandita Das 3) National Commission for Women-Mamata Sharma 4) National Commission for STs-Rameshwar Oraon 5) National Commission for Protection of Child Rights -Shanta Sinha ANSWERS: 1. (4) 2. (5) 3. (5) 4. (2) 5. (4) 6. (2) 7. (3) 8. (1) 9. (4) 10. (3) 11. (5) 12. (4) 13. (3) 14. (4) 15. (2) 16. (4) 17. (3) 18. (5) 19. (2) 20. (4) 21. (5) 22. (4) 23. (3) 24. (3) 25. (4) 26. (5) 27. (2) 28. (4) 29. (1) 30. (1) 31. (4) 32. (3) 33. (2) 34. (3) 35. (1) Baroda Rajasthan Gramin Bank Officers Exam., 2011   General Knowledge (Exam Held on 13-3-2011)    1. First share market in India was established in which of the following cities ? (A) Delhi (B) Chennai (C) Mumbai (D) Ahmedabad (E) Kolkata Ans : (C) 2. Which of the following is not decided by the Finance Minister while presenting Union Budget every year ? (A) Rate of Income Tax (B) Expenditure on Defence Services (C) Relief packages to various sections of the society (D) Repo and Reverse Repo (E) Revenue Expected from various sources Ans : (D) 3. Which country is at the top in production of silk in the world ? (A) India (B) Brazil (C) Japan (D) South Korea (E) China Ans : (E) 4. Who amongst the following is the President of France at present ? (A) Hu Jintao (B) Elena Vesnina (C) Jakaya Kikwete (D) Dilma Rousseff (E) Nicolas Sarkozy Ans : (E) 5. Which of the following is grown as oil seed ? (A) Mustard (B) Garlic (C) Safed Musli (D) Urad (E) Clove Ans : (A) 6. Which of the following is not an agricultural commodity ? (A) Mango (B) Clove (C) Alum (D) Onion (E) Potato Ans : (C) 7. Which organization is being given the status of Micro Finance Regulating Authority as per the bill introduced in the parliament ? (A) SIDBI (B) IDBI (C) NABARD (D) RBI (E) SBI Ans : (D) 8. GNP stands for— (A) Group Net Product (B) Gross National Product (C) Grand Nuclear Process (D) Group Networking Process (E) Grand National Product Ans : (B) 9. Some rural people still prefer to go to which of the following non institutional source for their credit needs ? (A) Micro Finance Institutions (B) Commercial Banks (C) Urban Cooperative Banks (D) Money Lenders (E) None of these Ans : (D) 10. Nano car is launched by which of the following industrial groups ? (A) Bajaj Group (B) Maruti Suzuki Group (C) Mahindra & Mahindra Group (D) Reliance Group (E) Tata Group Ans : (E) 11. Term 'Balance of Payment' is used in relation to which of the following ? (A) Diplomatic Relations (B) Exports and Imports (C) Annual production in a factory (D) Deficit in Union Budget (E) None of these Ans : (B) 12. Which of the following rates/ratios is not covered under the RBI Monetory and credit policy ? (A) Bank rate (B) Exchange rate of foreign currencies (C) Repo Rate (D) Reverse repo rate (E) Cash reserve ratio Ans : (B) 13. Which of the following has given, Aadhaar' as its new brand name ? (A) UIDAI (B) Sports Ministry, GOI (C) Ministry of Tourism, GOI (D) NHAI (E) None of these Ans : (A) 14. Contribution to Prime Minister's Relief Fund enjoys Income Tax benefit Under various sections of the act upto the limit of— (A) 50% (B) 75% (C) 100% (D) 30% (E) No exemption is available Ans : (C) 15. Which of the following is not a food crop ? (A) Paddy (B) Wheat (C) Bajra (D) Jowar (E) Jatropha Ans : (E) 16. Which of the following is not an employment generating programme of Govt. of India ? (A) NREGA (B) PMGSY (C) SGSRY (D) TRYSEM (E) OPAP Ans : (E) 17. When the loan is granted by a bank for purchase of white goods it is called— (A) Consumption loan (B) White goods loan (C) Consumer durable loan (D) All the above (E) None of these Ans : (C) 18. The term 'Power of Attorney' refers to…………… (A) Power entrusted to a person of authority (B) A mandate to withdraw money from someone's Bank account (C) An instrument by which a person is empowered to act for another person (D) All of the above (E) None of these Ans : (C) 19. Which of the following gamest sports was not included in Commonwealth Games 2010 ? (A) Table Tennis (B) Hockey (C) Weight lifting (D) Golf (E) Boxing Ans : (D) 20. Which of the following is/are true about the 'Gram Nyayalayas' ? 1. These courts will be mobile courts and will function at Panchayat level. 2. The Magistrate of these courts will go to the villages in their area of coverage and will dispose off cases of the villages there itself. 3. Only civil suits related to the property of Rs. 5,00,000 and above will be disposed off in this way. (A) Only 1 (B) Only 2 (C) Both 1 and 2 (D) Only 3 (E) All 1, 2 and 3 Ans : (C) 21. The Reverse Mortgage Scheme was launched by some organizations a few years back. This was done to help which of the following sections of society ? (A) Beneficiaries of the NREGA (B) People living Below Poverty Line (C) Youngsters (D) Senior Citizens (E) None of these Ans : (D) 22. Which of the following metals is used for generation of nuclear Energy by most of the Nuclear Power Plants ? (A) Zinc (B) Platinum (C) Uranium (D) Nickel (E) Barium Ans : (C) 23. Which of the following is/are considered a Renewable Source of Energy ? 1. Wind Energy 2. Solar Energy 3. Nuclear Energy (A) Only 1 (B) Only 2 (C) Only 3 (D) Both 1 and 2 (E) All 1, 2 and 3 Ans : (D) 24. Which of the following is/are true about the National Rural Employment Guarantee Act ? (A) The Act is now know as Indira Gandhi National Rural Employment Guarantee Act (B) The Act is now applicable to all the districts of the country (C) Minimum wage fixed under this Act is now Rs. 250 per day (D) Employment is given now for 200 days in a year (E) None of these Ans : (A) 25. Which of the following is the full form of the abbreviation IFRS as used in corporate/financial sector ? (A) Indian Financial Reconciliation Standards (B) Interpretation and Formal Reporting System (C) International Financial Reporting Standards (D) International Financial Reporting System (E) None of these Ans : (C) 26. 'Heavy Water' is used in which of the following fields ? (A) Thermal Power (B) Cement industry (C) Iron and Steel Industry (D) Nuclear Power (E) None of these Ans : (D) 27. At present who is the Governor of Reserve Bank of India? (A) Dr. Y. V. Reddy (B) Dr. C. Rangarajan (C) Shri C. Chidambaram (D) Dr. Subir Gokarn (E) None of these Ans : (E) 28. One of the major emphasis of Basel II is that banks should have— (A) Adequate Capital adequacy ratio (B) Only few branches in Metro centres (C) More and more branches in Rural areas should be opened (D) Core banking mode of operations (E) All the above Ans : (A) 29. Amendments in which of the following bills presented in the Parliament will bring some changes in existing tax regime ? (A) Direct Taxes Code (DTC) Bill (B) Foreign Exchange Management Regulatory Bill (C) Companies Act Bill (D) Salaries and Perks for MPs Bill (E) Finance Bill 2010-11 Ans : (A) 30. As per the reports in various newspapers many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organizations/agencies issue the licence for the same ? (A) Securities and Exchange Board of India (SEBI) (B) Indian Institute of Banking and Finance (IIBF) (C) Indian Bank Association (D) Registrar of Companies (E) None of these Ans : (E) 31. When is Income tax required to be deducted by the banks at source on interest accrued and paid by them on the fixed deposits? When the…………… (A) amount of interest accrued/payable is more than Rs. 5000 p. a. (B) amount of interest accrued/payable is more than Rs. 10000 p. a. (C) Interest is more than Rs. 20,000 p. a. (D) customer is not valuable to the bank (E) None of these Ans : (A) 32. Which of the following methods is being adopted by Banks for calculating and applying interest on Savings Bank accounts ? (A) On monthly products based on minimum balance between 10th and last working day (B) Daily balance is counted and interest is paid accordingly (C) On average Quarterly balance (D) On average half yearly balance (E) None of the above Ans : (A) 33. Which one of the following is the objective of the flagship scheme 'Rashtriya Swasthya Bima Yojana' (RSBY) ? (A) To provide life insurance cover to rural households (B) To provide health insurance cover to rural households (C) To provide both life and health insurance cover to rural households (D) To provide life and health insurance covers only to people living below poverty line (E) None of these Ans : (D) 34. Structure of Basel II is based on how many pillars ? (A) Two (B) Four (C) Three (D) Eight (E) Six Ans : (C) 35. 'Pulitzer Prize' is given in the field of……………. (A) Literature (B) Social service (C) Films (D) Science (E) Sports Ans : (A) 36. Which of the following terms/trophies is related with the game of cricket ? (A) Love (B) Trump (C) Grand slam (D) Tee (E) Ashes Ans : (E) 37. Who amongst the following is the President of Pakistan ? (A) Yusuf Raza Gillani (B) Nawaz Sharif (C) Shah Mehmood Qureshi (D) Asif Ali Zardari (E) None of these Ans : (D) 38. Prof. Muhammad Yunus, the recipient of the Nobel Peace Prize 2006, is the exponent of which of the following concepts in the field of banking ? (A) Core Banking (B) Micro Credit (C) Retail Banking (D) Real Time Gross Settlement (E) Internet Banking Ans : (B) 39. Which of the following phenomenon is considered responsible for 'Global Warming' ? (A) Greenhouse Gas Effect (B) Fox Fire (C) Dry Farming (D) Radioactivity (E) All of these Ans : (A) 40. OPEC is a group of countries which are— (A) Exporting oil (B) Producing cotton (C) Rich and developed (D) Developing and poor (E) Nuclear powers Ans : (A) 41. TRAI regulates the functioning of which of the following ? (A) Insurance (B) Banking (C) Stock Market (D) Transport (E) Telecom Ans : (E) 42. Which of the following books is written by Chetan Bhagat ? (A) A Bend in the River (B) A China Passage (C) A Suitable Boy (D) Five Point Someone (E) A House for Mr. Biswas Ans : (D) 43. VAT stands for- (A) Value And Tax (B) Value Added Tax (C) Virtual Action Tasks (D) Virtual Assessment Technique (E) None of these Ans : (B) 44. 'Handshaking' in Networking parlance means— (A) Connecting computers to a hub (B) Distributed Networks (C) Having same operating system on different computers (D) Sending e-mail (E) Receiving e-mails Ans : (A) 45. 'Richter Scale' is used to measure which of the following ? (A) Intensity of Tsunami Waves (B) Intensity of Earthquake (C) Density of salt in Sea water (D) Flow of electric current (E) None of these Ans : (B) 46. Wimbledon Trophy is associated with— (A) Football (B) Cricket (C) Hockey (D) Basketball (E) Lawn Tennis Ans : (E) 47. Which of the following books is written by Arun Shourie ? (A) A Bend in the River (B) A Brush with Life (C) A Secular Agenda (D) A suitable Boy (E) None of these Ans : (C) 48. Which of the following aptly defines the term Financial–literacy ? 1. How to use credit responsibly 2. How to manage money 3. How to minimize financial risks 4. How to derive long term benefits from savings (A) Only 1 (B) Only 2 and 3 (C) Both 3 and 4 (D) All 1, 2, 3 and 4 (E) None of these Ans : (D) 49. Which of the following awards is given for excellence in the field of cinema ? (A) Dada Saheb Phalke (B) Arjuna (C) Booker Prize (D) Kalidas Samman (E) None of these Ans : (A) 50. What is the maximum number of free transactions that can be undertaken by a customer by using ATM of other bank in a month ? (A) 2 per month (B) 5 per month (C) 10 per month (D) 15 per month (E) No such restriction Ans : (B) BANK EXAMS GENERAL AWARENESS PRACTICE QUESTIONS 1.Uttar Pradesh Chief Minister Mayawathi has proposed to split Uttar Pradesh into four states. Which of the following is not one of them? 1) Purvanchal 2) Bundelkhand 3) Gorkhaland 4) Awadh Pradesh 5) Paschim Pradesh 2.Which of the following days is celebrated as the National Press Day? (The Press Council of India started functioning on this day in 1966) 1) October 16 2) November 16 3) September 16 4) May 11 5) November 11 3. Binita Soren and Sheelarani Mahato have become the first women mountaineers to climb Mount Saser Kangri in the Eastern Karakoram Range of Himalayas in Ladakh. To which state do they belong? 1) Assam 2) Arunachal Pradesh 3) Jharkhand 4) Manipur 5) Tripura 4.KB Kookmin Bank has its headquarters in which of the following countries? 1) Japan 2) Singapore 3) South Korea 4) Philippines 5) North Korea 5.Who has been honored as the Women's Tennis Association's (WTA) player of the year for 2011? 1)CarolineWozniacki (Denmark) 2) Petra Kvitova (Czech Republic) 3)Victoria Azarenka (Belarus) 4) Maria Sharapova (Russia) 5) Vera Zvonareva (Russia) 6.Union Finance Minister Pranab Mukherjee released a Rs.150 coin to mark 150 years of which of the following institutions in November 2011? 1) Reserve Bank of India 2) State Bank of India 3) Election Commission 4)Union Public Service Commission 5)Comptroller & Auditor General 7.The United States of America signed a security agreement with which of the following countries in November 2011? (Under this agreement 250 U.S. Marines would be stationed in that country) 1) Australia 2) Indonesia 3) Singapore 4) Malaysia 5) China 8.Global energy, healthcare, technological and industrial products major Siemens is plan-ning to invest about Rs.1700 crore in India. Siemens belongs to which of the following countries? 1) Canada 2) Germany 3) Sweden 4) Norway 5) USA 9.The Union Cabinet has agreed for what per cent of Foreign Direct Investment in the pension sector? 1) 20% 2) 49% 3) 26% 4) 100% 5) None of these 10.The Presidents Cup is held once in every two years. It is related to which of the following sports/ games? 1) Cricket 2) Horse Racing 3) Golf 4) Soccer 5) None of these 11.Who is the author of the book 'Dreams from My Father: A Story of Race and Inheritance'? 1) Barack Obama 2) Nelson Mandela 3) Abraham Lincoln 4) Martin Luther King Jr 5) None of these 12.Which of the following cups/trophies is associated with the game of Hockey? 1) Duleep Trophy 2) Merdeka Cup 3) Ranji Trophy 4) Aga Khan Cup 5) Vijay Hazare Trophy 13.Which of the following books is written by V.S.Naipaul? 1) Midnight's Children 2) In a Free State 3) The God of Small Things 4) Inheritance of Loss 5) The White Tiger 14.Who among the following is not a banker? 1) Shika Sharma 2) Renu Challu 3) Chanda Kochhar 4) Kiran Majumdar Shaw 5) Nainalal Kidwai 15.Which of the following organizations/institutions has its headquarters in Manila? 1) Asia Pacific Economic Cooperation 2) Association of South East Asian Nations 3) Asian Development Bank 4) South Asian Association for Regional Cooperation 5) North Atlantic Treaty Organization 16. Which of the following indust-ries is/are owned by the Hinduja Group? 1) Ashok Leyland 2) Hindalco 3) Suzlon Energy 4) Wipro 5) All the above 17. Who is the author of the books 'The Structure of the Universe' and 'Current Issues in Cosmology'? 1) Stephen Hawking 2) Jayant Narlikar 3) Albert Einstein 4) S.Chandrasekar 5) None of these 18. Which of the following terms is not associated with Global Warming? 1) CFCs 2) Carbon di Oxide emission 3) Sub prime crisis 4) Ozone depletion 5) Greenhouse effect 19.Who is the author of the book 'The Golden Gate'? 1) Anita Desai 2) Amitav Ghosh 3) Kiran Desai 4) Vikram Seth 5) None of these 20. Which of the following is not associated with the financial/ banking sector in India? 1) NSE 2) SEBI 3) ISRO 4) NABARD 5) SIDBI 21. Who was honored with this year's Confucius Peace Prize given by China? 1) Angela Merkel 2) Barack Obama 3) Vladimir Putin 4) Manmohan Singh 5) None of these 22.Who headed the committee on Tax Reforms? 1) Vijay Kelkar 2) Raja Chellaiah 3) Y.V.Reddy 4) Usha Thorat 5) None of these 23. Rohan Bopanna excelled in which of the following sports/ games? 1) Chess 2) Squash 3) Golf 4) Lawn Tennis 5) Table tennis 24. Which of the following is a food crop? 1) Cotton 2) Jute 3) Maize 4) Castor 5) Sun hemp 25.Vedanta Resources is related to which of the following areas? 1) Banking 2) Mining 3) Textiles 4) Cement 5) None of these 26. Which of the following terms is used in Banking? 1) Zero Hour 2) Equinox 3) Epicenter 4) Interest Rate Swap 5) Privilege Motion 27.Who is the author of the book 'Half a Life'? 1) V.S.Naipaul 2) Ved Mehta 3) Ved Marwah 4) Mark Tully 5) None of these 28.Which is the largest producer of power in India? 1) Adani Power 2) Tata Power 3) NTPC 4) Reliance Power 5) None of these 29.Parupalli Kashyap is associated with which of the following sports? 1) Athletics 2) Badminton 3) Chess 4) Squash 5) None of these 30.Golden Globe Awards are associated with which of the following fields? 1) Literature 2) Journalism 3) Films 4) Sports 5) None of these 31.Who is the author of the book 'Goodbye Shahzadi', a biography of Benazir Bhutto? 1) Asif Ali Zardari 2) Shyam Bhatia 3) Fatima Bhutto 4) Javier Moro 5) None of these 32.Jean Hersholt Humanitarian Award is bestowed on an individ-ual in the movie industry whose humanitarian efforts have brou-ght credit to show business. Who was given this award for the year 2011? 1) Shakira 2) Angelina Jolie 3) Oprah Winfrey 4) Jennifer Lopez 5) Julia Roberts 33.Which of the following is considered as the world's largest social security programme? 1) JNNURM 2) MGNREGA 3) IAY 4) VAMBAY 5) MMS 34.PAKSAT-1R, Pakistan's first communication satellite, was put into orbit by which of the following countries in August 2011? 1) USA 2) Iran 3) Russia 4) China 5) None of these 35.Who was appointed the Chairman and Managing Director (CMD) of Air India in August 2011? 1) Alok Misra 2) Rajiv Takru 3) Rohit Nandan 4) M.D.Mallya 5) None of these 36.Amar Kant is a renowned writer in which of the following languages? 1) Hindi 2) Kannada 3) Tamil 4) Oriya 5) None 37.J.Harinarayana is the chairman of which of the following institutions? 1) SEBI 2) IRDA 3) CCI 4) CII 5) None of these 38.Vijender Singh is associated with which of the following sports/ games? 1) Athletics 2) Shooting 3) Basketball 4) Archery 5) None of these 39.Which of the following is not a public sector bank? 1) Allahabad Bank 2) Bank of India 3) Bank of Maharashtra 4) South Indian Bank 5) Indian Bank 40.Who among the following is not a politician? 1) Omar Abdullah 2) Sachin Pilot 3) Kamal Nath 4) Kapil Sibal 5) K.C.Chakraborty 41.Somdev Devvarman is associated with which of the following sports? 1) Cricket 2) Hockey 3) Tennis 4) Football  5) None of these 42.Which of the following banks headquarters is located in Kolkata? 1) UCO Bank 2) Syndicate Bank 3) Vijaya Bank 4) Canara Bank 5) Corporation Bank 43.Which of the following organizations is working for the welfare of women? 1) CRY 2) SEWA 3) FICCI 4) ASSOCHAM 5) None of these 44. Which of the following countries is not a member of SAARC? 1) India 2) China 3) Pakistan 4) Sri Lanka 5) Nepal 45.Which of the following terms is used in Banking? 1) Cold chain 2) Atomic Number 3) Current Account 4) Derby 5) None of these 46.Which of the following schemes provides good healthcare servi-ces in rural areas? 1) MGNREGA 2) IAY 3) ASHA 4) Kutir Jyothi 5) None of these 47.Which of the following is manufactured by POSCO? 1) Cement 2) Nuclear power 3) Steel 4) Textiles 5) None of these 48. Lee Myung-bak is the President of which of the following countries? 1) South Korea 2) Singapore 3) Philippines 4) North Korea 5) None of these 49.Who is the Railway Minister of India? 1) Jaipal Reddy  2) Dinesh Trivedi 3) Mamata Banerjee 4) Ambika Soni 5) None of these 50.Which of the following books is written by Maxim Gorky? 1) The Mother 2) War and Peace 3) As You Like It 4) Hamlet 5) Othello ANSWERS: 1. (3) 2. (2) 3. (3) 4. (3) 5. (2) 6. (5) 7. (1) 8. (2) 9. (3) 10. (3) 11. (1) 12. (4) 13. (2) 14. (4) 15. (3) 16. (1) 17. (2) 18. (3) 19. (4) 20. (3) 21. (3) 22. (2) 23. (4) 24. (3) 25. (2) 26. (4) 27. (1) 28. (3) 29. (2) 30. (3) 31. (2) 32. (3) 33. (2) 34. (4) 35. (3) 36. (1) 37. (2) 38. (5) 39. (4) 40. (5) 41. (3) 42. (1) 43. (2) 44. (2) 45. (3) 46. (3) 47. (3) 48. (1) 49. (2) 50. (1) BANK EXAMS GENERAL AWARENESS MCQs 1. Who among the following served as the first chairman of the governing body of IBPS? 1) Dr. Manmohan Singh 2) Sir Smith 3) P. C. Mahalanobis 4) Dr. J.C. Chakraborthy 5) Dr. A.K.Qureshi 2. 'Saranda Action Plan', has been recently launched by Rural Development Ministry. It will be implemented firstly in Naxal-hit Saranda district of which among the following states? 1) Chhattisgarh 2) Jharkhand 3) Odisha 4) Punjab 5) Haryana 3. How many key infrastructure sectors are known as Core sector in India Economy used for Index of Industrial Production (IIP) data? 1) six 2) seven 3) eight 4) ten 5) three 4. The Ennahda Party has emerged as largest political party in the first elections after the Arab Spring in which among the following countries? 1) Tunisia 2) Syria 3) Libya 4) Algeria 5) Sudan 5. Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) was initiated by which among the following countries? 1) India 2) Sri Lanka 3) Maldives 4) Mauritius 5) Nepal 6. Nabam Tuki has been sworn in as Chief Minister of which among the following states recently? 1) Nagaland 2) Mizoram 3) Arunachal Pradesh 4) Meghalaya 5) Sikkim 7. Who among the following has recently topped the Fortune India's 50 Most Powerful Women in Business list? 1) Kiran Mazumdar Shaw 2) Chanda Kochar 3) Ekta Kapoor 4) Shikha Sharma 5) Lalitha Dutta 8. Which among the following decides the Saving Banks Account Interest Rate in India? 1) Ministry of Finance 2) Reserve Bank of India 3) Indian Banks' Association (IBA) 4) Banks themselves 5) IBPS 9. For which among the following criminal activities related to Business, tycoon Raj Rajaratnam was sent to jail recently? 1) Terrorist Funding 2) Insider Trading 3) Tax Evasion 4) Hawala Transaction 5) Smuggling 10. Which of the following banks recently completed its Platinum Jubilee celebrations? 1) Central Bank of India 2) Reserve bank of India 3) Andhra Bank 4) Canara Bank 5) IDBI 11. Unique Identification Authority of India (UIDAI), which provides AADHAAR is a part of which among the following? 1) National Development Council 2) Planning Commission 3) Ministry of Home Affairs 4) Ministry of Planning and Implementation 5) Planning and Statistics 12. Which among the following country is the host to 17th South Asian Association for Regional Cooperation (SAARC) summit in November 2011? 1) Bangladesh 2) Maldives 3) Nepal 4) Pakistan 5) India 13. Accounts are allowed to be operated by cheques in respect of ________ 1) Both saving bank accounts and fixed deposit accounts 2) Both saving bank accounts and current accounts 3) Both saving bank accounts and loan accounts 4) Both saving bank accounts and cash accounts 5) Both saving bank account and credit accounts 14. Vasanth Sathe , who recently died is known for spearheading the move to bring which among the following to India 1980s? 1) Personal Computers 2) Color TVs 3) Washing Machines 4) Motor Cycles 5) Telecom revolution 15. Recently which of the following bank celebrated its CENTENARY Anniversary ? 1) Andhra Bank 2) Bank of India 3) Central Bank of India 4) Vijaya Bank 5) Canara Bank 16. The students of which among the following institutions have built the 'Jugnu' satellite which is a remote-sensing satellite that will monitor vegetation and waterbodies? 1) IIT Kanpur 2) IIT Kharagpur 3) SRM University 4) Andhra University 5) Delhi University 17. Who among the following is the winner of 26th Indira Gandhi Award for National Integration? 1) Anil Kakodkar 2) Amjad Ali Khan 3) Mohan Dharia 4) Prof. Jagdish Bhagwati 5) Prof.Niharika VidyaSagar 18. On October 25, the Reserve Bank of India (RBI) had deregulated the savings bank deposit rates and asked banks to determine their own. Banks are required to offer a uniform rate on deposits up to which among the following amounts? 1) Rs. 50,000 2) Rs. 1,00,000 3) Rs. 1,20,000 4) Rs. 1,50,000 5) Rs.2,00,000 19. What is the requirement of the minimum capital adequacy ratio under the new Basel III guidelines released in 2010? 1) 9% 2) 9.5% 3) 10% 4) 10.5% 5) 11% 20. Which among the following states have topped India Human Development Report 2011? 1) Kerala 2) Tamil Nadu 3) Himachal Pradesh 4) Punjab 5) Andhra Pradesh 21. Who among the following is India's Permanent Representative to the United Nations? 1) Arundhati Ghose 2) Hardeep Singh Puri 3) B N Rau 4) Nirupam Sen 5) Nidhi Razdan 22. P. C. Haldar was recently making news for being appointed as interlocutor by the Government to remove bottlenecks on the road to a dialogue in which among the following issues in India? 1) Gorkhaland Talks 2) Assam Peace Talks 3) Jammu & Kashmir Problem 4) Naxalite Problem 5) Delhi bomb blasts 23. Before it was transferred to Agriculture Insurance Company of India Ltd, the National Agricultural Insurance Scheme was being implemented by which among the following companies? 1) General Insurance Corporation of India 2) Oriental Insurance Company Ltd. 3) New India Assurance Company Ltd. 4) National Insurance Company Ltd 5) Food Corporation of India 24. As per the latest data, which among the following is the nearest figure to the average population of India per bank branch? 1) 8000 2) 13000 3) 18000 4) 21000 5) 25000 25. Who among the following is the current Chief of National Security Guards? 1) AK Mitra 2) JK Dutt 3) NPS Aulakh 4) Rajan K Medhekar 5) Jagadish Patnaik 26. RBI has decided to release Rs 5 coin to mark the 1000 years of which of the following temple recently ? 1) Vaishno Devi temple 2) Brihadeswara temple 3) Kashi Vishwanath temple 4) Sabarimala Temple 5) Tirumala Dwaraka 27. Which of the following approved $ 1 billion loan for the National Ganga River Basin project recently ? 1) Asian Development Bank 2) World Bank 3) UNEP 4) IMF 5) None 28. The National Green tribunal headquartered at Delhi will have benches at all the following places except ___ 1) Bhopal 2) Pune 3) Kolkatta 4) Jaipur 5) Chennai 29. India assumed the chairmanship of which of the following international organisations in September 2011 ? 1) G24 2) BRICS 3) G20 4) G8 5) IBSA 30. Which of the following is a private sector bank ? 1) Corporation Bank 2) Indian Bank 3) Karur Vysya Bank 4) Oriental Bank of Commerce 5) None of the above 31. What is the minimum time of operation an insurance company is required to complete for becoming eligible to launch an IPO ( Initial Public Offer )? 1) 2 years 2) 5 years 3) 7 years 4) 8 years 5) 10 years 32. SCORES is a complaint redressal system launched by ____ 1) CCI 2) RBI 3) TRAI 4) SEBI 5) SBI 33. The national broadband plan is aimed at rolling out broadband infrastructure to every village with more than____ people ? 1) 2000 2) 3000 3) 1000 4) 200 5) 500 34. Indian mining companies have bid for stake in Hajigak ore mines in Afghanistan, which of the following is the mines famous for ? 1) Iron 2) Bauxite 3) copper 4) Coal 5) Cobalt 35. From which of the following state National Rural Livelihood Mission launched recently? 1) Andhra Pradesh 2) Punjab 3) Haryana 4) Karnataka 5) Rajasthan 36. 'Aichi Targets' refers to which of the following? 1) Trade 2) Environment 3) S & T 4) Commerce 5) Education 37. Where in India World Spice Organisation set up recently ? 1) Guntur 2) Bangalore 3) Chennai 4) Kochi 5) Delhi 38. ASHA is a low priced milk food drink introduced for rural consumers by which of the following ? 1) Nestle 2) Amul 3) Heinz 4) GlaxosmithKline 5) None 39. Which of the following is the new income tax return form for salaried employees introduced by Finance Minister Recently ? 1) Suvida 2) Sugam 3) Sahaj 4) Saral 5) Samasya 40. Which Bank has announced an end to its TEASER home loan scheme recently? 1) SBI 2) Andhra Bank 3) Vijaya Bank 4) ICICI 5) HDFC 41. Kimberley process certificated are compulsory for trade in which of the following ? 1) Gold 2) Trade 3) Diamonds 4) Nuclear materials 5) Radio active materials 42. Accredited Social Health Activists (ASHAs ) in which of the states are known as Mitanins ? 1) Punjab 2) Haryana 3) Chhattisgarh 4) Madhya Pradesh 5) Kerala 43. Which of the foreign bank has the highest number of employees in India ? 1) HSBC 2) RBS 3) Bank of America 4) UBS 5) Standard Chartered Bank 44. What is the FDI limit in the insurance sector in India ? 1) 26 % 2) 25 % 3) 30% 4) 50%  5) 49 % 45. Which of the following state has recently announced a monthly allowance to unemployed under graduates recently ? 1) Karnataka 2) Rajasthan 3) Goa 4) Maharashtra 5) Punjab 46. Which of the following has launched the EVERYWHERE TELLER MACHINE in India ? 1) Andhra Bank 2) ICICI Bank 3) Axis Bank 4) RBS 5) SBI 47. French Auction is a term used in which of the following sectors of financial services ? 1) Capital Markets 2) Banks 3) Insurance 4) NBFC 5) Micro Credit 48. Which state has the second highest literacy rate as per the provisional figures of the census 2011 ? 1) Gujarat 2) Mizoram 3) Assam 4) Rajasthan 5) Punjab 49. China emerged as the world's second largest economy in 2010 overtaking which of the following ? 1) France 2) Germany 3) Italy 4) India 5) Japan 50. The new head of IMF is ? 1) Montek Singh Ahluwalia 2) Christine Lagarde 3) John Paul 4) Liu Xiabaou 5) Robert Zoellick ANSWERS: 1)1 2)2 3)3 4)1 5)4 6)3 7)2 8)4 9)2 10)2 11)2 12)2 13)2 14)2 15)3 16)1 17)3 18)2 19)4 20)1 21)2 22)2 23)1 24)2 25)4 26)2 27)2 28)4 29)2 30)4 31)5 32)4 33)5 34)1 35)5 36)2 37)4 38)4 39)3 40)1 41)3 42)3 43)5 44)1 45)3 46)3 47)1 48)2 49)5 50)2