Showing posts with label BANKS. Show all posts
Showing posts with label BANKS. Show all posts

Friday, September 24, 2010

Indian Bank P.O. Exam., 2010 Solved Paper


                                      General Awareness
                                                                   (Held on 17-1-2010)

1. The Index of Industrial Production (IIP) is compiled and released by which of the following organizations/ agencies?
(A) Registrar of Companies
(B) Confederation of Indian Industries
(C) Bombay Stock Exchange
(D) Reserve Bank of India
(E) Central Statistical Organisation
Ans : (E)

2. Which of the following states launched a special scheme under which 10 kg of whole wheat flour is sold at a fixed price of Rs. 139 through its select outlets ?
(A) Delhi
(B) Kerala
(C) West Bengal
(D) Uttar Pradesh
(E) None of these
Ans : (A)

3. Which of the following is the abbreviated name of the asset reconstruction company created specifically for small and medium sectors ?
(A) CGTMSE
(B) CARE
(C) APITCO
(D) ISARC
(E) None of these
Ans : (C)

4. Retail investors made Rs. 1•9 lakh crore in market rally, was the news in some major financial newspapers recently. The term ‘Retail investors’, as used in this headline, means which of the following types of stock market investors ?
(A) Promoters of Companies
(B) Individuals
(C) Foreign Institutional Investors
(D) Mutual Funds
(E) Corporate Bodies
Ans : (B)

5. Many times we read in newspapers that some bank(s) has/have to write off certain amount given/advanced by them. In banking terminology, what does ‘write off’ mean ?
(A) Loans sanctioned on paper but bank has yet to make provision for the same so that borrower can withdraw the money
(B) Big corporate loans for which bank has/have to take approval from RBI
(C) Loans for which documentation work is yet to be completed
(D) Bad and uncollectable loans
(E) Those loans which can never become bad or uncollectaebl loans as they are given under some social assistance scheme by the Govt. of India
Ans : (D)


6. Who amongst the following was the chairperson of the ‘Working Group on Benchmark Prime Lending Rate (BPLR)’constituted by the Reserve Bank of India
(A) Dr. K. C. Chakrovorty
(B) Mr. Deepak Mohanty
(C) Mr. Bhaskaran
(D) Mr. O. P. Bhatt
(E) Mr. M. V. Nair
Ans : (B)

7. A bank normally does not have to deal with an issue related to—
(A) Payments and settlement systems
(B) Contractual rights of creditors
(C) Intellectual property rights
(D) Cases of insolvency
(E) Coordination between regulators active in banking/financial sectors.
Ans : (C)

8. As per the news published in various newspapers, Reliance Industries has submitted a bid to acquire petrochemical giant Lyondell Basell. This is a company based in—
(A) UAE
(B) Germany
(C) France
(D) Britain
(E) USA
Ans : (E)

9. The new Foreign Trade Policy announced recently by the Govt. of India will be valid upto—
(A) 2014
(B) 2015
(C) 2016
(D) 2020
(E) None of these
Ans : (A)

10. The Committee on Financial Sector Assessment (CFSA) set up by the Reserve Bank of India has also recommended several reforms in which of the following existing laws in India?
(A) Taxation Laws
(B) Commercial Laws
(C) Banking Regulation Laws
(D) Property Laws
(E) All of these
Ans : (C)

11. As per the reports published in various financial newspapers/magazines, exports to Euro zones from various countries and India unexpectedly tumbled again in last two/three months. What does it indicate ?
1. It has raised fresh doubts about the reality of the economic recovery of ‘16 country strong’ Euro zone.
2. Euro has yet to establish its credibility as an acceptable currency. Countries still prefer US$ to any t hoer
currency for major trans-border trades.
3. Euro zone countries do not wish to import much from India.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (B)

12. Which of the following governments has recently informed to its creditors that there may be delays in repayment of loans, it has taken from various agencies/organizations all over the world ?
(A) Dubai
(B) Japan
(C) Sri Lanka
(D) Nepal
(E) None of these
Ans : (A)

13. As per existing norms and policies of the RBI, Banks are required to advance how much of their total advances to priority sectors ?
(A) 30%
(B) 35%
(C) 40%
(D) 25%
(E) None of these
Ans : (C)

14. Which of the following was the first Mutual Fund listed on the newly launched Mutual Fund platform on National Stock Exchange ?
(A) UTI Mutual Fund
(B) SBI Mutual Fund
(C) LIC Mutual Fund
(D) Bank of Baroda Mutual Fund
(E) None of these
Ans : (A)

15. As per the newspaper reports, the L&T has tied up with NPCIL to make forgings for nuclear power plants. This joint venture is being developed in—
(A) Chennai
(B) Bangalore
(C) Hazira
(D) Narora
(E) Tarapore
Ans : (C)

16. As per the Reserve Bank of India (RBI), the economic conditions in India are not yet suitable for full convertibility of Rupee. At present rupee is convertible at which of the following accounts ?
1. Fully at Capital Account
2. Fully of Current Account
3. Partially at Trade Account
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) None of these
Ans : (B)

17. As per the notification issued by the banks, the ‘third party ATM usage’ will now be restricted to certain withdrawals and limits only. What does it really mean ?
1. The ATM card holders will not be able to withdraw from other banks’ ATMs under any circumstances.
2. Customers of one bank may be able to withdraw only a limited amount from other banks’ ATMs.
3. ATM card holders will have to pay a fee if they withdraw money from other banks’ ATMs frequently.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 2 and 3
(E) Only 1 and 3
Ans : (D)

18. Transport of goods by which of the following is free from levy of the Service Tax ?
(A) Indian Railways
(B) Shipping Companies owned by NRIs
(C) All Private Road Transport Companies
(D) By the Transport Corporation of India in its own special containers
(E) None of these
Ans : (A)

19. As per the news published in major newspapers, the Reserve Bank of India (RBI) raised Statutory Liquidity Ratio (SLR) by 100 basis points to 25%. What was/were the reason(s) owing to which RBI raised the SLR ?
1. It will help in reducing liquidity in the market.
2. Inflation will come down substantially.
3. It will facilitate companies to launch their IPOs as the financial climate will become conducive for the same.
(A) Only 1
(B) Only 2
(C) Only 1 and 2
(D) Only 2 and 3
(E) All 1, 2 and 3
Ans : (C)

20. The Securitisation asnd Reconstruction of Financial Assets and Enforcement of Security Interests Act (SARFAESI Act) at present, is not applicable to—
(A) Public Sector Banks
(B) Financial Institutes of the Govt.
(C) Private Banks
(D) Non Banking Financial Companies
(E) Small and Cooperative Banks
Ans : (D)

21. As we all know, the US $ was at a 15 months low against the basket of currencies till recent past. Recently it reached a 14 years low against one of the major currencies. Which of the following is that currency ?
(A) Yuan
(B) Euro
(C) Rupee
(D) Yen
(E) None of these
Ans : (D)

22. The rate of interest, banks charge to its main/major and prime customers is popularly called as—
(A) Risk Premium
(B) Prime Lending Rate
(C) Repo Rate
(D) Reverse Repo Rate
(E) Cost of fund
Ans : (B)

23. Which of the following countries has launched OCEAN SAT-2, a satellite to provide data on its oceans ?
(A) China
(B) USA
(C) France
(D) India
(E) None of these
Ans : (D)

24. Parambikulam-Aliyar Multipurpose project is located in the hills of—
(A) Nilgiri hills range
(B) Periyar hills range
(C) Anamalai hills range
(D) Sahyadri hills range
(E) None of these
Ans : (C)

25. Which of the following organisations/agencies has recently released “World Investment Report : 2009 Transnational Corporations, Agricultural Production and Development” ?
(A) World Bank
(B) Asian Development Bank
(C) UNCTAD
(D) UNESCO
(E) None of these
Ans : (C)

26. Which of the following states is in the process of passing two amendments to its municipality and panchayat raj acts to enable women to have 50% seats in all local self government bodies ?
(A) Gujarat
(B) Uttar Pradesh
(C) Kerala
(D) Madhya Pradesh
(E) Delhi
Ans : (C)

27. Which of the following states recently organized an open public court ‘Jan Sunwai’ for the first time to present a public audit of its Special Economic Zones ?
(A) Gujarat
(B) Tamil Nadu
(C) Maharashtra
(D) Kerala
(E) West Bengal
Ans : (C)

28. The National Stock Exchange recently launched Interest Rate Futures (IRF). IRF in fact is a—
(A) New mode of trading specifically for SME sector
(B) Financial mode of trading
(C) Electronic mode of transferring money from one account to another
(D) Safest and fastest mode of trading at all the stock exchanges of India simultaneously
(E) None of these
Ans : (B)

29. What is the full form of UNEP, a term frequently seen in newspapers ?
(A) Universal Notification on Energy Protection
(B) Universal New Education Project
(C) Universal Natural Energy Project
(D) United Nations Education Programme
(E) United Nations Environment Programme
Ans : (E)

30. The Reserve Bank of India has directed all the banks to ensure that the names of their customers, individuals or corporates, do not appear in any list published by the Security Council Committee. This act/directive of the RBI is to ensure which of the following ?
(A) To ensure that the bank loans/advances taken by the individuals/organizations are used only in those activities for which they are taken
(B) To ensure that money deposited in the bank has not come from unknown and unauthorized sources
(C) To ensure that no one visits a foreign nation for any illegal activity by purchasing foreign currency from a bank
(D) To ensure that Indians do not go to a nation where Indians are being targeted for racial discrimination
(E) None of these
Ans : (A)

31. As per the resolution passed in the Pittsburgh Summit of G-20, now more weightage will be given to under-represented nations in the organizations like IMF etc. How much quota will be shifted to such nations in this way ?
(A) 5%
(B) 7%
(C) 10%
(D) 15%
(E) 17%
Ans : (A)

32. As per the decision taken by the Govt. of India, all new players using spectrum band for providing 3-G spectrum mobile service to its customers will have to pay a part of their annual revenue as spectrum charges to the Govt. of India. What is that charge in terms of percentage ?
(A) 1%
(B) 1•5%
(C) 3%
(D) 2•5%
(E) None of these
Ans : (A)

33. Which of the following bodies/agencies recently passed a resolution asking all the nations to sign the Nuclear Non Proliferation Treaty (NPT) without any further delay ?
(A) UN General Assembly
(B) International Atomic Energy Agency (IAEA)
(C) North Atlantic Treaty Organisation (NATO)
(D) South Asian Association of Regional Cooperation (SAARC)
(E) UN Security Council
Ans : (B)

34. Which of the following is not considered as a parameter for defining the Below Poverty Line (BPL) status of a person ?
(A) Food security
(B) Marital Status
(C) Debt
(D) Literacy
(E) Land holdings
Ans : (B)

35. Which of the following countries was successful in retaining ‘ICC Champions Trophy’, the final of which was played in October 2009 ?
(A) New Zealand
(B) Australia
(C) India
(D) South Africa
(E) None of these
Ans : (B)

36. Which of the following countries has been adjudged as the largest exporter of cotton ?
(A) Bangladesh
(B) Brazil
(C) Britain
(D) India
(E) None of these
Ans : (D)

37. Angela Merkel has become the Chancellor of which of the following nations again for a second four-year term ?
(A) Poland
(B) Russia
(C) Ukraine
(D) Germany
(E) None of these
Ans : (D)

38. ‘Maximum City’ is a book written by—
(A) V. S. Naipaul
(B) Vikram Seth
(C) Chetan Bhagat
(D) Kiran Desai
(E) Suketu Mehta
Ans : (E)

39. Which of the following countries has taken over as the Vice Chairman of the Organisation for Economic Cooperation and Development ?
(A) China
(B) South Korea
(C) North Korea
(D) India
(E) Iran
Ans : (B)

40. The Olympic Games 2016 will be organized in the city of—
(A) New Delhi
(B) Paris
(C) Tokyo
(D) New York
(E) Rio de Janeiro
Ans : (E)

41. Which of the following countries has raised objection to India’s efforts to make a 608 km long road link through Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Sikkim and Arunachal Pradesh ?
(A) China
(B) Nepal
(C) Myanmar
(D) Bhutan
(E) Afghanistan
Ans : (A)

42. India has recently signed a Nuclear Pact with which of the following countries which insists on peaceful use of radioactive minerals (Such minerals are in plenty in that country) ?
(A) Mongolia
(B) Thailand
(C) Bangladesh
(D) Sri Lanka
(E) None of these
Ans : (A)

43. India won Compaq Cup Cricket Final (Tri series) 2009 by defeating—
(A) New Zealand
(B) South Africa
(C) Bangladesh
(D) England
(E) Sri Lanka
Ans : (E)

44. Who amongst the following won the 76th National Billiards Championship held in Sept. 2009 ?
(A) Geet Sethi
(B) Dhruv Sitwala
(C) Devendra Joshi
(D) Pankaj Advani
(E) None of these
Ans : (D)

45. Who amongst the following won the Men’s Singles US Open Tennis 2009 ? (played in Sept. 2009)
(A) Juan Martin del Potro
(B) Leander Paes
(C) Lukas Dlouhy
(D) Roger Federer
(E) None of these
Ans : (A)

46. ‘A Good Woman’ is a book written by—
(A) Dario Fo
(B) V. S. Naipaul
(C) Orhan Pamuk
(D) Herta Muller
(E) Danielle Steel
Ans : (E)

47. ASEAN recently signed an agreement called ‘FTA’ with India. What is the full form of ‘FTA’ ?
(A) Foreign Trade Agreement
(B) Full Trade Agreement
(C) Favourite Trade Acknowledgement
(D) Final and Total Approach
(E) Free Trade Agreement
Ans : (E)

48. ‘’CRY’’ is the name of the organization which works for the welfare of—
(A) Cancer Patients
(B) Children
(C) War victims
(D) Senior Citizens
(E) None of these
Ans : (B)

49. Which of the following is/are not called the types of Inflation?
1. Cost push
2. Real wages
3. Demand pull
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) Only 2 and 3
Ans : (D)

50. ‘’Mumbai Gold Cup’’ is associated with the game of—
(A) Cricket
(B) Football
(C) Hockey
(D) Badminton
(E) Lawn Tennis
Ans : (C)

Punjab National Bank Clerk Exam., 2010 Solved Paper


                                          Marketing and Computer Knowledge 

 (Held on 4-4-2010) 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)

Sunday, August 29, 2010

Bank Of India Solved Paper Of General Awareness

Bank Of India Solved Paper Of General Awareness (held on 24-01-2010)

1. The President of the Palestine recently emphasized that his country will not resume peace talks until Israel fully halts settlement building in the—
(A) West Bank
(B) Haifa
(C) Gaza
(D) Tel-Aviv-Yafo
(E) Jerusalem
Ans : (A)

2. All the major world leaders gathered in Berlin in Nov. 2009 to mark the 20th anniversary of—
(A) European Union
(B) NATO
(C) Fall of Berlin Wall
(D) G-20
(E) None of these
Ans : (C)

3. Now almost all major newspaper journals and magazines are printing research reports giving the analysis and/or the causes of the sub-prime crisis which gripped America and the world a few months back. Which of the following was/were amongst the common cause(s) of the same ?
(They were present in almost all the economies)
(1) The problem was that investors erroneously believed property prices were quite predictable and built a whole edifice of financial planning on the back of the American housing market.
(2) Credit rating agencies all over the world were not equipped to forecast the effect of sub-prime crisis on world economy. Agencies were over-confident and did not react in time.
(3) Neither USA nor other countries took a note of the crisis in time. In fact they ignored it for quite some time.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) Only 1 and 2
Ans : (A)

4. If you see a big hoarding at a prominent public place, the punch line of which says ‘We All Were Born Free’; ‘We All Have Equal Rights’, in all probability, the hoarding is put up by—
(A) National Commission for Farmers
(B) National Human Rights Commission
(C) Directorate of Income Tax
(D) Ministry of Foreign Affairs
(E) Union Public Service Commission
Ans : (B)

5. Nowadays we frequently read news items about ‘Derivatives’ as used in the world of finance and money market. Which of the following statement(s) correctly describes what a derivative is and how it affects money/finance markets ?
(1) Derivatives enable individuals and companies to insure themselves against financial risk.
(2) Derivatives are like fixed deposits in a bank and are the safest way to invest one’s idle money lying in a bank.
(3) Derivatives are the financial instruments which were used in India even during the British Raj.
(A) Only 3
(B) Only 2
(C) Only 1
(D) All 1, 2 and 3
(E) None of these
Ans : (B)

6. Many a time we read in the newspapers that RBI has changed or revised a particular ratio/rate by a few basis points. What is basis point ?
(A) Ten per cent of one hundredth point
(B) One hundredth of 1%
(C) One hundredth of 10%
(D) Ten per cent of 1000
(E) None of these
Ans : (B)

7. Which of the following issues cannot come under the purview of the functioning of the Human Rights Commission of a country ?
(A) Racial Discrimination
(B) Treatment to Prisoners of War
(C) Human Trafficking
(D) Child Abuse
(E) Climate Migration
Ans : (E)

8. A prominent international weekly sometime ago printed a caption on its cover page which read ‘Brazil Takes Off’. Other major newspapers/magazines also printed similar stories/articles in their publications at that time. Why have magazines/newspapers decided to talk about Brazil these days ?
(1) All major economies of the world have been taking time to recover from the recession but Brazil was one of those which was ‘Last in and First out’.
(2) Brazil is a member of BRIC but unlike China it is a democracy, unlike India, it has no hostile neighbours, no insurgents and unlike Russia it exports more oil and arms and treats foreign investors with more respect.
(3) Brazil is the world’s second largest booming economy.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) Only 1 and 2
Ans : (A)

9. Which of the following countries has conferred the honour of ‘Legion d’ honneur’ on Bharat Ratna Lata Mangeshkar ?
(A) Germany
(B) Norway
(C) Japan
(D) U.K.
(E) France
Ans : (E)

10. Expand the term NREGA—
(A) National Rural Employment Guarantee Agency
(B) National Rural Electrification Governing Agency
(C) National Rural Employment Guarantee Act
(D) New Rural Employment Guarantee Agency
(E) None of these
Ans : (C)

11. The Rajya Sabha has recently cleared the new poll bill. Which one of the following amendment(s) is/are made in this bill ?
It has proposed -
(A) Increasing the security deposits to more than double
(B) Restricting the publication of exit polls
(C) Ensuring speedy disposal of electoral disputes
(D) Only (A) and (B)
(E) All (A), (B) and (C)
Ans : (D)

12. The market in which long term securities such as stocks and bonds are bought and sold is commonly known as—
(A) Commodities Exchange
(B) Capital Market
(C) Bull Market
(D) Bullion Market
(E) None of these
Ans : (B)

13. Which one of the following was India’s top destination for exports during 2009 ?
(A) UAE
(B) USA
(C) Russia
(D) China
(E) Bangladesh
Ans : (A)

14. Which one of the following will be the first High Court in India, to implement the concept of ‘ecourts’ ?
(A) Delhi
(B) A.P.
(C) Chennai
(D) Kolkata
(E) None of these
Ans : (A)

15. Amongst the following, which one of the following sectors provides the highest contribution in Industrial Production Index ?
(A) Crude Oil
(B) Petro Refinery Products
(C) Electricity
(D) Coal
(E) None of these
Ans : (C)

16. Amongst the following sectors, which sector/segment has shown the highest per cent growth in the current fiscal ?
(A) Mining
(B) Manufacturing
(C) Electricity, gas and water supply
(D) Banking and Finance
(E) None of these
Ans : (B)

17. As per the reports published in newspapers, India purchased around 200 tonnes of gold (almost half the quantity of gold put up for sale) in Sept. 2009. India purchased this gold from which of the following organizations ?
(A) World Bank
(B) Asian Development Bank
(C) International Monetary Fund
(D) International Gold Council
(E) None of these
Ans : (C)

18. World Trade Organisation (WTO)’s ministerial meeting was organized in which of the following cities recently ?
(A) Geneva
(B) Washington
(C) Paris
(D) Port of Spain
(E) None of these
Ans : (A)

19. In which one of the following countries, was the recent Commonwealth Meet (CHOGAM) held ?
(A) Trinidad
(B) Canada
(C) Australia
(D) Jamaica
(E) U.K.
Ans : (A)

20. Which of the following decisions taken by the RBI will promote the concept of financial inclusion in the country ?
(A) To appoint some additional entities as business correspondents
(B) To collect reasonable service charges from the customer in a transparent manner for providing the services.
(C) To ask the banks to open at least 50 new accounts daily in non serviced areas.
(D) Only (A) and (B)
(E) None of these
Ans : (E)

21. For recapitalization of Public Sector Banks, the World Bank has decided to provide funds to India. These funds will be made available in the form of—
(A) Soft Loan
(B) Term Loan
(C) Emergency aid
(D) Grants
(E) None of these
Ans : (A)

22. Citizens of which one of he following age-groups (in years) are covered under the New Pension System (NPS) ?
(A) 18–50
(B) 21–55
(C) 25–55
(D) 18–60
(E) None of these
Ans : (D)

23. 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 household
(D) To provide life and health insurance covers only to people living below poverty line
(E) None of these
Ans : (D)

24. Which one of the following had set up the N. R. Narayana Murthy Committee on issues relating to Corporate Governance ?
(A) SEBI
(B) RBI
(C) CII
(D) Ministry of Finance, GOI
(E) None of these
Ans : (A)

25. The proceeds of the disinvestment of profitable public sector units will be used for which of the following purposes ?
(A) Expansion of existing capacity of PSEs
(B) Modernisation of PSEs
(C) Opening of new PSEs
(D) Meeting the expenditure for various social sector schemes
(E) None of these
Ans : (D)

26. Which one of the following is the target fixed for fiscal deficit in the year 2010-2011 ?
(A) 3•5%
(B) 4•0%
(C) 5•5%
(D) 5•0%
(E) None of these
Ans : (C)

27. Which one of the following companies is the largest producer of natural gas in the country ?
(A) ONGC
(B) OIL
(C) Cairn India
(D) RIL
(E) None of these
Ans : (A)

28. Which one of the following states has sought a package of Rs. 500 crores ($ 100 million) for its Rural Poverty Reduction Programme ?
(A) M.P.
(B) Tamil Nadu
(C) A.P.
(D) Karnataka
(E) None of these
Ans : (C)

29. Chinese objections have stalled the road work at the village of Demchok, on the Indian side of the line of control. In which one of the following states is this village located ?
(A) Arunachal Pradesh
(B) Assam
(C) Himachal Pradesh
(D) Rajasthan
(E) None of these
Ans : (E)

30. Constitutionally, which one of the following can levy Service Tax ?
(A) Union Govt. only
(B) State Govt. only
(C) Union Territory Govt. only
(D) All of these
(E) None of these
Ans : (D)

31. In the proposed low cost pension scheme, which one of the following has been made responsible for maintaining of the records of pension account of an individual ?
(A) SIDBI
(B) National Securities Depositories Ltd. (NSDL)
(C) Stock Holding Corporation of India
(D) RBI
(E) None of these
Ans : (B)

32. Which one of the following is/are implication(s) of large inflow of foreign exchange into the country ?
1. It makes monetary management difficult for RBI.
2. It creates money supply, asset bubbles and inflation.
3. It weakens the competitiveness of Indian exports.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
Ans : (B)

33. The Central Banks of which one of the following countries has offered $ 115 billion emergency credit to support its economy hit by falling prices and also to strengthen its currency ?
(A) South Korea
(B) Japan
(C) U.K.
(D) USA
(E) None of these
Ans : (B)

34. Which of the following books is written by Chetan Bhagat ?
(A) The Golden Gate
(B) A House for Mr. Biswas
(C) 2 States
(D) White Tiger
(E) None of these
Ans : (C)

35. NTPC Ltd. is in the process of exploring opportunities to source coal from overseas. In which one of the following countries has the NTPC identified two new coal mines ?
(A) Bhutan
(B) Australia
(C) South Korea
(D) Indonesia
(E) None of these
Ans : (D)

36. Which of the following organizations has raised its loan amount to India to make it US $ 7 billion in 2009-10 fiscal ?
(A) Asian Development Bank
(B) International Monetary Fund
(C) World Bank
(D) European Union
(E) None of these
Ans : (C)

37. Who amongst the following cricket players became the first to score 17000 runs in One Day Internationals ?
(A) Rahul Dravid
(B) Stephen Fleming
(C) Ricky Ponting
(D) Sachin Tendulkar
(E) None of these
Ans : (D)

38. The Govt. of India has decided to use the Core Banking System of banks to ensure proper usage of funds provided for which of its following programmes ?
(A) Literacy Mission
(B) Pradhanmantri Gram Sadak Yojana
(C) National Health Mission
(D) All of these
(E) None of these
Ans : (A)

39. Famous Dada Saheb Phalke Award is given for exemplary work in the field of—
(A) Sports
(B) Literature
(C) Science & Technology
(D) Social Service
(E) None of these
Ans : (E)

40. 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)

41. The organization of the South East Asian countries is known as—
(A) OPEC
(B) ASEAN
(C) NATO
(D) UNCTAD
(E) SAARC
Ans : (B)

42. ‘Miss Earth 2009’ title has been conferred upon—
(A) Alejandra Pedrajas
(B) Sandra Saifert
(C) Jessica Barboza
(D) Larissa Ramos
(E) None of these
Ans : (D)

43. Which of the following countries became the third largest producer of Steel in the world in 2009 ?
(A) China
(B) India
(C) USA
(D) Japan
(E) None of these
Ans : (B)

44. The Foreign Trade policy is announced recently by the Govt. of India. Which of the following ministries/agencies announce the same ?
(A) Reserve Bank of India
(B) Export Import Bank of India (EXIM Bank)
(C) Ministry of Foreign Affairs
(D) Ministry of Commerce & Industry
(E) None of these
Ans : (D)

45. Irina Bokova has taken over as the Chief of the—
(A) ILO
(B) UNICEF
(C) OPEC
(D) UNO
(E) UNESCO
Ans : (E)

46. Dorjee Khandu has taken over as the Chief Minister of—
(A) Meghalaya
(B) Uttarakhand
(C) Arunachal Pradesh
(D) Assam
(E) None of these
Ans : (C)

47. Which of the following terms is used in the game of Football ?
(A) Caddy
(B) Cutback
(C) Mid-on
(D) Love
(E) None of these
Ans : (B)

48. Which of the following is considered a Non Food Crop ?
(A) Wheat
(B) Maize
(C) Bajra
(D) Rice
(E) Jute
Ans : (E)

49. Who amongst the following was the Prime Minister of Nepal immediately prior to Madhav Kumar Nepal ?
(A) Ram Baran Yadav
(B) Pushpakamal Dahal
(C) Girija Prasad Koirala
(D) Mahendra Kumar Suryavanshi
(E) None of these
Ans : (B)

50. The 10th India-European Summit was held in New Delhi in November 2009. Who amongst the following represented India and also chaired the same ?
(A) S. M. Krishna
(B) Pratibha Patil
(C) Pranab Mukherjee
(D) Manmohan Singh
(E) None of these
Ans : (D)

General Awareness Questions For Bank PO Examinations

1. Which of the following States will soon have its first Civil Airports ?
(A) Jammu & Kashmir
(B) Maharashtra
(C) Assam
(D) Meghalaya
(E) Sikkim
Ans : (E)

2. Who amongst the following made the 41st Test Century of his career recently ?
(A) Saurav Ganguly
(B) V. V. S. Laxman
(C) Rahul Dravid
(D) Sachin Tendulkar
(E) None of these
Ans : (D)

3. Which of the following was/were the objective(s) of the Mission Chandrayaan 1 ?
(a) Preparing dimensional atlas of the lunar surface.
(b) Chemical Mapping of the entire lunar surface.
(c) Locating minerals in the soil of the moon.
(A) Only (a)
(B) Only (b)
(C) Only (c)
(D) All (a), (b) & (c)
(E) None of these
Ans : (D)

4. Which of the following States introduced a high tech foodgrain rationing system to ensure timely supply of the foodgrains to people living below poverty line ?
(A) Maharashtra
(B) Tamil Nadu
(C) Delhi
(D) West Bengal
(E) Karnataka
Ans : (E)

5. Which of the following is NOT a part of India’s Money Market ?
(A) Bill Markets
(B) Call Money Market
(C) Banks
(D) Mutual Funds
(E) Indian Gold Council
Ans : (E)

6. Which of the following is the objective of the project ‘Bhoomi Keralam’ launched by the State Govt. ?
(A) To conduct a survey of the land
(B) To bring those people back who have left the State and settled in other States
(C) To provide financial security to farmers who are in distress
(D) To identify those tribals who need jobs or financial assistance
(E) None of these
Ans : (A)

7. Which of the following countries adopted its new constitution recently ?
(A) Russia
(B) Equadore
(C) South Korea
(D) North Korea
(E) None of these
Ans : (B)

8. Which of the following awards was given to Pt. Bhimsen Joshi recently (2008) ?
(A) Padma Bhushan
(B) Sangit Natak Academy Award
(C) Maharashtra Bhushan
(D) Karnataka Ratna
(E) Bharat Ratna
Ans : (E)

9. Which of the following States got its first Rail link recently ?
(A) Haryana
(B) Arunachal Pradesh
(C) Sikkim
(D) Manipur
(E) Jammu & Kashmir
Ans : (E)

10. Barack Hussain Obama belongs to which of the following political parties ?
(A) Republican
(B) Democratic
(C) Labour
(D) American National Congress
(E) None of these
Ans : (B)

11. Which of the following is/are NOT the features of India’s Foreign Trade policy (2004 to 2009)?
(a) To double India’s percentage share of global trade from present 0·7 per cent to 1·5 per cent by 2009.
(b) Simplifying the procedures and bringing down the cost.
(c) Make SAARC countries India’s most preferred foreign trade partners by 2009.
(A) Only (a)
(B) Only (b)
(C) Only (c)
(D) All (a), (b) & (c)
(E) Only (a) & (c)
Ans : (C)

12. Stephen Harper whose name was in news recently is the ……….
(A) President of Canada
(B) Prime Minister of Canada
(C) President of Italy
(D) Prime Minister of Switzerland
(E) Foreign Minister of U.S.A.
Ans : (B)

13. Which of the following is NOT a fertilizer product ?
(A) Urea
(B) Murate of Potash
(C) Di Amonium Phosphate
(D) Calcium Carbonate
(E) All are fertilizers
Ans : (E)

14. A Rs. 35,000 crore JSW Steel Plant project was inaugurated in West Bengal recently. The project is setup / developed in ……….
(A) Singur
(B) Nandigram
(C) Salboni
(D) Malda
(E) Joynagar
Ans : (C)

15. Which of the following State Govts. Has announced that it will provide a special package of incentives to Employment Intensive Industries ?
(A) Punjab
(B) Karnataka
(C) Tamil Nadu
(D) Uttar Pradesh
(E) Bihar
Ans : (C)

16. Which of the following nations has decided to increase its co-operation in the field of energy with India ?
(A) Russia
(B) China
(C) Bangladesh
(D) Nepal
(E) Japan
Ans : (A)

17. Which of the following services is NOT provided by the post offices in India ?
(A) Savings Bank Scheme
(B) Retailing of Mutual Funds
(C) Sale of stamp Papers (Judicial)
(D) Issuance of Demand Drafts
(E) Life Insurance cover
Ans : (D)

18. Mohammed Anni Nasheed is the newly elected President of ……….
(A) Fiji
(B) Maldives
(C) Iraq
(D) Iran
(E) None of these
Ans : (B)

19. Who amongst the following is the winner of the Nobel Prize for Literature 2008 ?
(A) Jean Marie Gustave Le Clezio
(B) Martti Ahtisaari
(C) Yoichiro Nambu
(D) Francoise Barre Sinoussi
(E) None of these
Ans : (A)

20. A national level commission of India has asked about twenty States to set up which of the following commissions in their States as early as possible ?
(A) Farmers Commission
(B) Women Commission
(C) Child Welfare Commission
(D) Law Commission
(E) None of these
Ans : (D)

21. Which of the following is/are the measure(s) taken by the Reserve Bank of India (RBI) to ease the liquidity crunch in the country ?
(a) Cut in Cash Reserve Ratio and Statutory Liquidity Ratio.
(b) Increase the flow of foreign direct investment.
(c) Supply of additional currency notes in the market.
(A) Only (a)
(B) Only (b)
(C) Only (c)
(D) All (a), (b) & (c)
(E) None of these
Ans : (A)

22. The third India Brazil and South Africa (IBSA) Summit took place in which of the following dies recently ?
(A) Brazilia
(B) New Delhi
(C) Suncity
(D) Salvador
(E) Durban
Ans : (B)

23. Which of the following States has dcided to set up Arsenic Removal Plants in all the districts of the State to enable itself to provide arsenic free drinking water to all the people by

2010-11 ?
(A) Karnataka
(B) Kerala
(C) West Bengal
(D) Orissa
(E) Maharashtra
Ans : (C)

24. Who amongst the following is the author of the book ‘The Exile’ ?
(A) B. G. Verghese
(B) Philip Roth
(C) Aravind Adiga
(D) Navtej Saran
(E) None of these
Ans : (D)

25. Which of the following programmes is being implemented in all the districts of the country ?
(A) Sarva Shiksha Abhiyan
(B) Navodaya Vidhyalay
(C) Ultra Mega Power Project
(D) Rajiv Gandhi Grameen Vidyuthikara Yojana
(E) None of these
Ans : (A)

26. The Govt. of India decided to provide a bonus price of Rs. 50 per quintal on which of the following products over and above its minimum support price of Rs. 850 per quintal ?
(A) Wheat
(B) Paddy
(C) Sugarcane
(D) Cotton
(E) None of these
Ans : (B)

27. Who amongst the following is the author of the book ‘The Namesake’ ?
(A) Vikram Seth
(B) V. S. Naipaul
(C) Arun Bhagat
(D) Anita Desai
(E) Jhumpa Lahiri
Ans : (E)

28. Besides USA India has signed Nuclear Agreement with which of the following countries and is named as ‘Co-operation Agreement for Peaceful uses of Nuclear Energy’ ?
(A) Italy
(B) Germany
(C) France
(D) Canada
(E) Australia
Ans : (C)

29. Tzipi Livini whose name was in news recently is from which of the following countries ?
(A) Singapore
(B) South Korea
(C) Austria
(D) Israel
(E) None of these
Ans : (D)

30. World Ozone day is observed on ……….
(A) 16th September
(B) 16th October
(C) 16th November
(D) 26th September
(E) 26th October
Ans : (A)

31. Which of the following is NOT a Govt. Sponsored organization ?
(A) Small Industries Development Bank of India
(B) NABARD
(C) National Housing Bank
(D) ICICI Bank
(E) All are Govt. sponsored
Ans : (D)

32. ‘Merdeka Cup’ is associated with the game of ……….
(A) Badminton
(B) Football
(C) Hockey
(D) Golf
(E) Tennis
Ans : (B)

33. India’s Space Rocket Launching Centre is in ……….
(A) Portblair
(B) Hassan
(C) Tirupati
(D) Kochi
(E) Sri Harikota
Ans : (E)

34. The National Games scheduled in 2011 will be organized in ……….
(A) Bengaluru
(B) Goa
(C) Kolkata
(D) Kochi
(E) Jaipur
Ans : (B)

35. Which of the followiing diseases is not covered under Integrated Disease Surveillance project ?
(A) Cholera
(B) Tuberculosis
(C) AIDS
(D) Polio
(E) Cancer
Ans : (E)

36. Which of the following is TRUE about ‘Antyodaya Anna Yojana’ ?
(a) Scheme is for Below Poverty Line families.
(b) People are provided cooked meals under the scheme.
(c) All beneficiaries of National Rural Employment Guarantee Act are covered in this scheme.
(A) Only (a)
(B) Only (b)
(C) Only (c)
(D) All (a), (b) & (c)
(E) None of these
Ans : (E)

37. Jelena Jankovic of Serbia won which of the following titles of tennis after defeating Svetlana Kuznetsova ?
(A) China Open
(B) Japan Open
(C) New Zealand Open
(D) Australian Open
(E) None of these
Ans : (A)

38. Who amongst the following is the Minister of Home Affairs in Union Cabinet of India at present ?
(A) Shivraj Patil
(B) Lalu Prasad Yadav
(C) P. Chidambaram
(D) Sharad Pawar
(E) None of these
Ans : (C)

39. Banks are required to pay how much percentage of their net bank credit to Priority Sector is advance ?
(A) 5%
(B) 7%
(C) 10%
(D) 15%
(E) None of these
Ans : (C)

40. Dronacharya Award is given for excellence in ……….
(A) Literacy Work
(B) Social Service
(C) Coaching in Sports
(D) Journalism
(E) None of these
Ans : (C)