Monday, September 19, 2011

Wipro to develop software for Saab’s e-warfare system

Wipro Ltd has entered into a strategic alliance with Saab AB to develop and market protective software for the Swedish major’s Land Electronic Defence System (LEDS) in the country, the IT bellwether said Thursday.
LEDS provides protection to light and medium combat vehicles and main battle tanks against rocket-propelled grenades, anti-tank missiles, mortars and artillery shells.
“We will pursue opportunities for LEDS in the domestic market with Indian defence establishments and original equipment manufacturers,” Wipro infrastructure engineering division president Pratik Kumar said on the margins of the Defence & Security Equipment International (DSEi) 2011 trade fair being held in London.

DSEi is the world’s largest integrated defence and security exhibition providing a single platform to showcase the latest equipment and systems.
Wipro will develop, manufacture and integrate the equipment to address the Indian market for land-based active protection systems (APS).
“The primary objective of the partnership with Saab is to serve the Indian market with state-of-the-art APS solutions. The partnership will include component sourcing within the country, technology transfer and manufacture and integration of APS,” Kumar said.
The global software major hopes the strategic alliance will put India on the global map as a cost-effective and reliable defence manufacturing hub.
Both the firms also partnered in 2008 and 2010 to address the Indian survivability technology market.
“India is an important market for us and a cornerstone of our global strategy. The new collaboration marks our next step towards consolidating our position in the Indian defense market,” Saab’s business head for LEDS Micael Johansson said on the occasion.
The e-warfare system combines active signature management and soft-kill and hard-kill mechanisms to provide full spectrum active protection to land vehicles. The specifications include hemispherical coverage to detect incoming threats and alert the crew.

India, China record world’s highest urbanisation

Cities in India, China and Africa are recording the world’s highest rates of urbanisation, according to a new study. Population growth is driving urbanisation, especially in developing regions like India, says Burak Güneralp, research assistant professor in geography at Texas A&M University.
“This massive urbanisation…is happening worldwide, but India, China and Africa have experienced the highest rates of urban land expansion,” Güneralp explains.
Güneralp, who led the study, says by 2030 expanding cities will gobble up a landmass as big as Mongolia or 590,000 sq miles, globally.

He is part of a team that includes three other researchers from Yale, Stanford and Arizona State, the journal Public Library of Science ONE reports.
“Our study covered the 30 years from 1970 to 2000, and we found that urban growth is occurring at the highest rates in developing countries,” according to a Texas statement.
The United Nations predicts that by 2030 there will be an additional 1.47 billion people living in urban areas.
“Where cities grow the most seem to be near coastal areas, and this is a very noticeable trend,” Güneralp says.
“This makes coastal areas a special area of concern because people and infrastructures are at risk to rising sea levels, flooding, hurricanes, tsunamis and other disasters. “All over the world, people like to live by the water, so it’s a trend that will likely not change.”
Güneralp adds that often urbanisation occurs near lands that are environmentally sensitive and in some cases, protected by law.

Corporation Bank Probationary Officers Exam., 2011

General Awareness on Socio-Economic Developments

(Exam Held on 29-5-2011)

1. Micro credit or micro finance is a novel approach to banking with the poor. In this approach bank credit is extended to the poor through—
(A) Self Help Groups
(B) Anganwadees
(C) Cooperative Credit Societies
(D) RBI
(E) None of these
Ans : (A)

2. TRAI regulates the functioning of which of the following services ?
(A) Port
(B) Trade
(C) Telecom
(D) Transport
(E) None of these
Ans : (C)

3. Many times we read about ‘Hawala’ transactions in newspapers. Hawala in India is prohibited under the provision of which of the following Acts ?
(A) Fiscal Responsibility and Budget Management Act
(B) Banking Regulation Act
(C) Financial action Task Force Act
(D) Foreign Exchange Management Act
(E) None of these
Ans : (D)


4. Which of the following is the popular name of the norms by which bank satisfy itself about the customers identity and motivation ?
(A) Basel norms
(B) KYC norms
(C) Service norms
(D) Lending norms
(E) None of these
Ans : (B)

5. Mutual funds are regulated by—
(A) Association of Mutual Funds of India (AMFI)
(B) Securities and Exchange Board of India (SEBI)
(C) Reserve Bank of India
(D) IRDA
(E) None of these
Ans : (B)

6. Bancassurance is—
(A) an insurance scheme to insure bank deposits
(B) an insurance scheme exclusively for the employees of banks
(C) a composite financial service offering both bank and insurance products
(D) a bank deposit scheme exclusively for employees of insurance companies
(E) None of these
Ans : (C)

7. Sarva Shiksha Abhiyan is aimed at the education of which of the following ?
(A) Education of children between 6–14 years
(B) Education of girls up to graduation level
(C) College education
(D) Adult education
(E) None of these
Ans : (A)

8. Jnanpith Award is given for excellence in the field of—
(A) Social service
(B) Sports
(C) Classical dance
(D) Music
(E) Literature
Ans : (E)

9. 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)

10. The full form of PIN in a ATM card is—
(A) Permanent Information Number
(B) Personal Identification Number
(C) Professional Identification Number
(D) Permanent Identification Number
(E) Personal Index Number
Ans : (B)

11. Which of the following is not the function of RBI ?
(A) Maintaining Forex
(B) Decides Bank rate, CRR and SLR from time to time
(C) Opening Savings Accounts for general public
(D) Prescribes the Capital Adequacy Ratio
(E) Currency Management
Ans : (C)

12. Obligation of a Banker to maintain secrecy is applicable to—
(A) only in case of existing deposit accounts
(B) only in respect existing loan accounts
(C) only in case of closed accounts
(D) all types of deposit/loan accounts (existing/closed)
(E) None of these
Ans : (D)

13. Banks today in addition to normal banking services offer which of the following services ?
(A) Internet banking
(B) Depository services
(C) Financial counseling services
(D) Only (A) and (B) above
(E) All (A), (B) and (C) above
Ans : (E)

14. Dr. Muhammad Yunus is a resident of—
(A) India
(B) Pakistan
(C) Bangladesh
(D) U.S.A.
(E) U.K.
Ans : (C)

15. Which among the following cannot be called an anti inflationary measure ?
(A) Raising the bank rates
(B) Raising the reserve ratio requirements
(C) Purchase of securities in the open markets
(D) Rationing of the credit
(E) None of these
Ans : (C)

16. Which among the following is the major marine food export item of India ?
(A) Frozen fish
(B) Frozen shrimp
(C) Frozen crabs
(D) Cephalopods
(E) None of these
Ans : (B)

17. In context with the business and banking, what is CRAR ?
(A) Capital to risk asset ratio
(B) Credit to risk asset ratio
(C) Credit to risk assessment ratio
(D) Capital to risk assessment rate
(E) Credit rate assessment ratio
Ans : (A)

18. The monetary authority in India viz. reserve bank of India is bound to maintain a reserve against the note issue whatever may be the amount. This system is called as—
(A) Minimum reserve system
(B) Proportional reserve system
(C) Maximum fiduciary issue system
(D) Simple deposit system
(E) None of these
Ans : (A)

19. Consider the following—
1. Bank rate policy
2. Open market operations
3. Devaluation of rupee.
Which among the above are called fiscal measures ?
(A) 1 only
(B) 1 and 2 both
(C) 1 and 3 both
(D) 3 only
(E) None of these
Ans : (D)

20. Which among the following is the most abundant human resource in India ?
(A) High skilled labour in organized sector
(B) High skilled labour in unorganized sector
(C) Low skilled labour in organized sector
(D) Low skilled labour in unorganized sector
(E) None of these
Ans : (B)

21. What is the maximum amount per withdrawal in a day that can be withdrawn by a customer by using ATM of other bank ?
(A) Rs. 1,000
(B) Rs. 3,000
(C) Rs. 5,000
(D) Rs. 10,000
(E) No such limit
Ans : (E)

22. Interest rates on which of the following deposit schemes is fixed by Reserve Bank of India ?
(A) Fixed deposit above 5 years maturity
(B) Recurring deposits
(C) Saving bank
(D) Flexi deposit scheme
(E) None of these
Ans : (C)

23. Which of the following policies is known as annual policy statement ?
(A) Annual budget of Central Govt.
(B) Credit and monetary policy of RBI
(C) Foreign trade policy of DGFT
(D) Regulation issued by SEBI
(E) None of these
Ans : (B)

24. Appropriate banking facilities are to be provided to habitations having population above 2000 people by—
(A) 2011
(B) 2012
(C) 2013
(D) 2014
(E) 2015
Ans : (B)

25. Govt. shareholding in public sector banks cannot be below—
(A) 33%
(B) 51%
(C) 74%
(D) 76%
(E) 100%
Ans : (B)

26. The Union Budget for 2011-12 proposed lowering of qualifying age for tax relief for senior citizens for 65 years to—
(A) 55 years
(B) 58 years
(C) 63 years
(D) 62 years
(E) 60 years
Ans : (E)

27. Government of India in March 2011 conferred the miniratna status on which of the following PSUs ?
(A) National Small Industries Corporation (NSIC)
(B) Air India Charters Ltd.
(C) Cement Corporation of India
(D) HMT Machine Tools Ltd.
(E) Bharat Heavy Electricals Ltd.
Ans : (A)

28. Noted social worker Anna Hazare started his hunger strike at Jantar Mantar in New Delhi to protest against the reported delay in bringing in which of the following bills to effectively deal with corruption ?
(A) Central Vigilance Commission Bill
(B) The Competition (Amendment) Bill
(C) The Airports Economic Regulatory Authority of India Bill
(D) The Appropriation (No. 3) Bill
(E) Lokpal Bill
Ans : (E)

29. As we all know Govt. of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the Govt. ?
1. Tax on income
2. Tax on expenditure
3. Tax on property or capital asset
4. Tax on goods and services.
(A) Both 1 and 3 only
(B) Both 2 and 4 only
(C) All 1, 2, 3 and 4
(D) Only 2, 3 and 4
(E) None of these
Ans : (A)

30. Sardar Sarovar dam is on which of the following rivers ?
(A) Ganga
(B) Jamuna
(C) Beas
(D) Narmada
(E) Ravi
Ans : (D)

31. As per the targets for 11th Five Year Plan, educated unemployment is to be reduced to which of the following levels ?
(A) 9%
(B) 6%
(C) 7%
(D) 8%
(E) 5%
Ans : (E)

32. Which of the following Acts was framed specially to deal more effectively with the problem of Non-performing assets in banking system ?
(A) Companies Act
(B) Banking Regulation Act
(C) Foreign Exchange Management Act
(D) Industrial Dispute Act
(E) SARFAESI Act
Ans : (E)

33. Very often we read in news-papers / magazines about ‘Sovereign Wealth Funds’. Which of the following is/are the correct description of the same ?
1. These are the funds or the reserves of a government of central bank of a country which are invested further to earn profitable returns
2. These are the funds, which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several years
3. The funds which are created to be used as relief funds or bailouts packages.
(A) Both 2 and 3 only
(B) Only 2
(C) Only 3
(D) Only 1
(E) None of these
Ans : (D)

34. Credit rating—
(A) is used to rate the borrowers while giving advances
(B) is used to work out performance of the employees
(C) is used to calculate the number of excellent audit rated branches
(D) is not used in any bank
(E) is necessary before giving promotion to employees
Ans : (A)

35. Names of which of the following rates/ratios cannot be seen in financial newspapers ?
(A) Bank rate
(B) Repo rate
(C) Statutory liquidity ratio
(D) Cash reserve ratio
(E) Pulse rate
Ans : (E)

36. Invisible exports means export of—
(A) Perishable goods
(B) Prohibited goods
(C) Unrecorded goods
(D) Goods through smuggling
(E) Services
Ans : (E)

37. Ten rupee notes contain the signature of—
(A) Finance Secretary, GOI
(B) Chairman, State Bank of India
(C) Governor, Reserve Bank of India
(D) Finance Minister, GOI
(E) Prime Minister
Ans : (C)

38. In banking terminology NPA means—
(A) No promise account
(B) Non personal account
(C) Non performing asset
(D) Net performing asset
(E) New promising amblence
Ans : (C)

39. Who is the present RBI Governor ?
(A) Dr. Y. V. Reddy
(B) Dr. Ravi Mohan
(C) Dr. Smt. Usha Thorat
(D) Shri M. V. Nair
(E) Dr. D. Subbarao
Ans : (E)

40. The wheat based Nutrition programme is being implemented by which of the following Ministries/departments of the Govt. of India ?
(A) Ministry of Labour Welfare
(B) Department of Women and Child Development
(C) Department of Consumer Affairs
(D) Ministry of Agriculture
(E) Ministry of Planning
Ans : (B)

41. Which of the following is true about ‘Rajiv Gandhi Grameen Vidyutikaran Yojana of the Govt. of India ?
1. Its objective is electrification of all unelectrified villages
2. It was launched to provide free electricity to the farmers during the harvesting season
3. Each family covered under the scheme is eligible to get one free connection for a period of five years.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
Ans : (A)

42. ‘Mahila Samakhya Scheme’ is launched by the ministry of—
(A) Human Resource Development
(B) Social Welfare
(C) Rural Development
(D) Agriculture
(E) Youth Affairs & Sports
Ans : (A)

43. National Rural Health Mission was launched in the year—
(A) 1995
(B) 2000
(C) 2007
(D) 2010
(E) 2005
Ans : (E)

44. Which of the following schemes is launched for providing health services in rural areas ?
(A) Operation flood
(B) Look east
(C) SJSRY
(D) JNNURM
(E) ASHA
Ans : (E)

45. Which of the following schemes is launched for the school going children ?
(A) Lok Jumbish
(B) Mid Day Meal
(C) Sarva Shiksha Abhiyan
(D) AYUSH
(E) None of these
Ans : (B)

46. Eligibility age for pension under Indira Gandhi National old age pension scheme for Below Poverty Line beneficiaries is now reduced to—
(A) 65 years
(B) 60 years
(C) 58 years
(D) 62 years
(E) 55 years
Ans : (B)

47. Which of the following schemes is launched by the Govt. of India to provide/develop infrastructure in rural areas ?
(A) Mahatma Gandhi National Rural Employment Guarantee Act
(B) Financial Action Task Force
(C) Pradhan Mantri Shahari Rozgar Yojana
(D) Bharat Nirman
(E) None of these
Ans : (A)

48. Govt. of India has launched special Green Revolution project for which of the following states/ group of states ?
(A) North-east states
(B) Bihar and Jharkhand
(C) West Bengal
(D) Tamil Nadu and Kerala
(E) None of these
Ans : (A)

49. ‘Sugam’ is a scheme launched for—
(A) Small tax payers
(B) Pensioners getting old age pension
(C) Big Corporate House
(D) Getting all sorts of permission/clearances for small exporters
(E) None of these
Ans : (A)

50. Govt. of India has created a special India Micro finance Equity Fund of Rs. 100 crores. The fund is maintained by—
(A) IDBI Bank
(B) RBI
(C) ECGC
(D) SIDBI
(E) NABARD
Ans : (D)

Saturday, September 17, 2011

IBPS PO/MT GENERAL AWARENESS PRACTICE QUESTIONS


1. Central Banking Investigation committee recommended in 1930 to establish .........?
1) SBI
2) SEBI
3) RBI
4) ONGC
5) Allahabad Bank

2. Reserve Bank of India was started with a share capital of Rs .........crores on 1 April 1935?
1) 100
2) 200
3) 5
4) 15
5) 250

3. All India Credit Survey Committee(1952) suggested to set up .........?
1) SBI
2) RBI
3) NABARD
4) SBH
5) IRDA

4. The first credit card was issued in India by VISA in .........?
1)1994
2)1991
3)2001
4)1986
5)1981

5. First international credit card issued by..........through VISA, getting special permission from RBI in 1987?
1) Andhra Bank
2) Corporation bank
3) ICICI
4) HDFC
5) None

6. The Central Government decided to give the loans to SHG(Self Help Groups) at .........% on par with Agriculture. ( International summit on Micro finance and Inclusive Development held on June 21, 2011 at Hyderabad)?
1) 6
2) 10
3) 15
4) 11
5) 7

7. The Local area banks were permitted to establish in .........?
1) 1986
2) 2001
3) 2006
4) 1991
5) 1996

8. Expand ECGC Ltd .........?
1) Export Cash Guarantee Corporation of India Life
2) Export Credit Guild Corporation of India Loop
3) Export Credit Guarantee Company of India Liability
4) Expand Credit Guarantee Corporation of India Limited
5) Export Credit Guarantee Corporation of India Limited

9. RBI conducts sales of dated securities and treasury bills through its .........?
1) Statutory Liquidity Ratio (SLR)
2) Negotiable Instruments
3) Open Market Operations
4) Bank Rate
5) None

10. ......... got $95.16 million loan agreement with the Asian Development Bank to strengthen tourism sector?
1) Goa
2) Himachal Pradesh
3) Andhra Pradesh
4) Bihar
5) Kerala

11. Central Bank of USA is .........?
1) Bank of America
2) Citi Bank
3) Federal Reserve
4) Reserve Bank of USA
5) Obama bank

12. Government securities Act passed in .........to stream line the government securities?
1) 2011
2) 2006
3) 2007
4) 2009
5) 2008

13. Hurricane Irene disturbed .........?
1) India
2) Pakistan
3) USA
4) Australia
5) Japan

14. Transition economies mean .........?
1) economies left modern economies and go to central or conventional set up
2) countries transforming from dictator ship to autocrat rule
3) economies that cancelled licensing system and hand over system to central bank
4) countries left European Union to join USA Exchange system
5) abandoned central or conventional set up and changing to modern market economies

15. Trotting Inflation means .........?
1) When prices down moderately and the annual inflation rate is a single digit
2) when prices rise in fast mode and the annual inflation rate is a double digit
3) when prices rise slowly and the annual inflation rate is a single digit
4) when prices rise moderately and the annual inflation rate is Zero
5) When prices rise moderately and the annual inflation rate is a single digit

16. On 6 September 2011, UNCTAD's Trade and Development Report 2011, projected an economic growth of 8.1 per cent for India. Expand UNCTAD?
1) United Nations Conference on Tier and Development
2) Unit Nations Conference on Trade and Development
3) United Nations Conference on Trade and Deal
4) Unique Nations Conference on Trade and Development
5) United Nations Conference on Trade and Development

17. ......... announced six months maternity leave for its women employees who adopt less than year old child in the month of July?
1) Rajasthan
2) Andhra Pradesh
3) Bihar
4) Jammu
5) Uttar Pradesh

18. Best performing state award for wheat for 2010-11 got by .........?
1) Punjab
2) Haryana
3) M.P.
4) Odisha
5) Tamilnadu

19. Keri Anne Payne belongs to .........?
1) Acquatics
2) polo
3) Cricket
4) Volleyball
5) Tennis

20. .........is the winner of Snooker World Champion ( 2011)?
1) Geeth Sethi
2) Yasin Merchant
3) Greme Dott
4) John Higgins
5) None

21. .........has the greatest number of newborn deaths more than 9 lakh a year?
1) Somalia
2) UK
3) India
4) Japan
5) Pakistan

22. ..........Indian firms made the cut in the list of world's 500 largest companies declared by Fortune Magazine?
1) 4
2) 6
3) 11
4) 8
5) 2

23. GMR Energy Limited establish 800 megawatt power project in .........getting $ 1 billion dollars fund from the 6 banks consortium?
1) USA
2) Singapore
3) UK
4) Japan
5) None

24. ..........is the third largest trading partner for India?
1) European Union
2) Japan
3) Russia
4) USA
5) Australia

25. ..........has sanctioned Rs. 1.5 crore to set up a kumki elephant (tamed/ trained) camp at Chadivayal at the foothills of Siruvani.?
1) Kerala
2) Karnataka
3) Tamil Nadu
4) Goa
5) Odisha

26. ..........the scheme introduced by Odisha enables pregnant women in rural areas to avail monetary assistance for accessing medical care?
1) Suguna
2) Sila
3) Bangram
4) Cloud
5) Mamata

27. ..........launched the First Gold Index in India with a Base Date of 2 January 2007?
1) BSE
2) CRISIL
3) NSE
4) SEBI
5) RBI

28. On 8 July 2011, the Central Government issued the new series of coins with improved design and revised size. The coins are .....?
1) 25 Paise, one rupee, two rupee, five rupee and ten rupee
2) one rupee, two rupee, five rupee and ten rupee
3) one rupee, two rupee, five rupee and hundred rupee
4) 50 Paise , one rupee, two rupee, five rupee and thousand rupee
5) 50 Paise, one rupee, two rupee, five rupee and ten rupee

29. ...........bank was penalized for Rs.25 lakh for violating norms relating to Know Your Customer (KYC)
1) UCO
2) Citi
3) SBI
4) Syndicate
5) Andhra

30. RBI allowed domestic companies to issue shares against the import of .......... goods, allowing them to expand the business.
1) Luxury
2) Cheap
3) Capital
4) White
5) Smuggled

31. The account in which trading of shares in their electronic form is ............?
1) NRI account
2) Foreign account
3) Trio account
4) Current account
5) DEMAT account

32. The Modern Banking System includes ............?
1) Customer Banking
2) Infusion of IT
3) Risk Based Management
4) Add on Services
5) All of above

33. ............is a term not used in Banking?
1) Advance
2) Garnishee
3) Lien
4) Emission
5) Crossing

34. Which among the following is not a part of Institutional Banking?
1) Commercial banks
2) Private Banks 3) Money Lenders
4) Co-operative Banks
5) Regional Rural Banks

35. Central bank is going to insist on a minimum asset size of more than
Rs............crore for registering any new non-banking finance company (NBFC)?
1) 100
2) 500
3) 50
4) 150
5) 60

36. Kamala Beniwal the Gujarath Governor appointed ............as the Lokayukta, with out the consulting State Government?
1) Justice R.A.Mehatha
2) Justice Balakrishnan
3) Justice Narashimhan
4) Justice Kalidasa
5) Justice Panduranga

37. Which is the first north eastern state to bring the Chief Minister under the jurisdiction of Lokayuktha on 26 August 2011?
1) Arunachal Pradesh
2) Sikkim
3) Assam
4) Manipur
5) Mizoram

38. Rogers cup winner is ............?
1) Maria Sharapova
2) Venus William
3) Serena Williams
4) Sania Mirza
5) None

39. On 13th August, ............ crores was abolished by the Union Government for hand weavers?
1)1500
2) 2000
3) 3000
4) 10000
5) 7500

40. The World Bank says that the world may see another recession worst than 2008 due to ............region crises?
1) USA
2) UK
3) France
4) Germany
5) Euro Zone

41. Expand EASIEST?
1) Electronic Account System in Excise and Service Tariff
2) Electric Accounting System in Excise and Service Tax
3) Electronic Accounting System in Exemption and Service Tax
4) Empowered Accounting System in Excise and Service Tax
5) Electronic Accounting System in Excise and Service Tax

42. On 29 August 2011, RBI issued Draft guidelines regarding the Licensing of New Banks in the Private Sector. Find out one not among them?
1) Entities having the share of 10 percent or more source of income from the construction sector/real estate not eligible to open new private banks
2) New banks will be set up through a wholly owned Non-Operative Holding Company (NOHC)
3) Minimum capital requirement will be 500 crore
4) At least 50 per cent of the directors of the NOHC should be independent directors
5) The aggregate non-resident share holding in the new bank shall not exceed 74 percent for the first 5 years

43. ............is the new corporate affairs minister?
1) Anand Sharma
2) Chidambaram
3) Manmohan Singh
4) Veerappa Moily
5) Vilasarao Deshmukh

44. Locate the wrong Award?
1) World's best Airline-Qatar Airways
2) Air India got second best Airline
3) Air Asia won the best Low-Cost Air line Award
4) Nordic Carriew Finnair bagged the Best Airline award in customer satisfaction award
5) None

45. South Sudan is the new country in the world map. Pick the wrong one?
1) Its capital is Juba
2) Salva Kiir Mayarditi is the first president
3) South Sudanese pound is the currency
4) It is 194 member in UNO
5) It is a 54 nation in Africa

46. G-20 farming meeting urgently called for the more agriculture production. The summit held in ............on 22, 23 June 2011?
1) Toranto
2) Paris
3) Tokyo
4) New Delhi
5) London

47. National Communal Harmony Award got by ............?
1) Hamid Ansari
2) Anna Hazare
3) Hareesh Handey
4) Mohammad Hanif Khan Shastri
5) Sonia Gandhi

ANSWERS:

1)3 2)3 3)1 4)5 5)1 6)5 7)5 8)5 9)3 10)2 11)3 12)2 13)3 14)5 15)5 16)5 17)1
18)2 19)1 20)4 21)3 22)4 23)2 24)4 25)3 26)5 27)2 28)5 29)2 30)3 31)5
32)5 33)4 34)3 35)3 36)1 37)3 38)3 39)5 40)5 41)5 42)5 43)4 44)2 45)4 46)2 47)4

Friday, September 16, 2011

Census 2011 Related Questions

1. What was the mascot of Census 2011?

(a) An Old man with Stick
(b) A Lion
(c) Female Enumerator
(d) A Bird on Indian Map

Answer: (c)

2. After Census 2011 India become _____ most populous country in the World?

(a) 7th
(b) 2nd
(c) 5th
(d) 4th

Answer:  (c)

3. The combined population of Uttar Pradesh and Maharashtra is bigger than that of the.

(a) France
(b) Brazil
(c) USA
(d) UK

Answer:  (c)

4. Which state has the has the lowest  population growth rate?

(a) Mizoram
(b) Assam
(c) Manipur
(d) Nagaland

Answer:  (d)

5. Which state/UT has the highest density of population?

(a) Mumbai
(b) Delhi
(c) Patna
(d) Bangalore

Answer: (b)

6. The employment rate in India  is estimated at?

(a) 11.24%
(b) 9.24%
(c) 10.11%
(d) None of the above

Answer:  (b)

7. As per the findings of Tendulkar Committee on Poverty , India’s poverty rate is estimated at____of the total population?

(a) 19.1%
(b) 37.2%
(c) 22.1%
(d) None of the above

Answer:  (b)

8. The literacy rate has gone up from 64.83 per cent in 2001 to _____ per cent in 2011 showing an increase.

(a) 74.04%
(b) 68.1%
(c) 65.02%
(d) 72.2%

Answer:  (a)

9. What is the Percentage growth in literacy during 2001-2011 for males?
(a) 12.1%
(b) 11.1%
(c) 31.98%
(d) 22.03%

Answer:  (c)

10. What is the  Percentage growth in literacy during 2001-2011 for females?

(a) 50%
(b) 33.4%
(c) 49.10%
(d) 32.9%

Answer: (c)

IBPS PO/MT GENERAL AWARENESS PRACTICE QUESTIONS


1. As we all know banks publish their quarterly performance to bring transparency in the system and also to give a clear picture of their performance to the public. How were results of Quarter 2 different from the results of Quarter 1 of the listed banks including giants like SBI and ICICI banks?  
(A) Performance was subdued in the Quarter 2.

(B) Yields on advances of almost all listed banks have come down.

(C) Advances grew at a slower pace when compared to deposits.

(a) Only A is true

(b) Only B is true

(c) Only C is true

(d) All A B and C are true  
(e) None of these

Ans: (a)

2. After the Subprime crisis which of the following problems has hit the global economy/world markets recently?

(a) Dubai debt problem

(b) Change of Government in Japan and its new economic policies.

(c) High rate of inflation in India

(d) Extremely volatile behaviour of the Bombay Stock Exchange and other major Stock Exchanges world wide.

(e) None of these.

Ans: (a)

3. As per the news published in major newspapers in India Banks in India need about 12 lakh business correspondents for rural areas. What will be the role of these correspondents?

(A) They will help rural people in their day to day banking activities.

(B) They will work as a link between banks and the customers.

(C) They will ascertain eligibility of rural people so that relief packages can be provided to them.

(a) Only A   
(b) Only B  
(c) Only C   
(d) All A. B and C  
(e) None of these

Ans: (d)

4. It is evident that the economic slowdown still continues to weigh on the performance of the banks in India. How is this affecting banks and/or general public?

(a) The number of bank account holders has gone down

(b) The gross Non Performing Assets (NPAs) of the listed banks have increased substantially.

(c) Inflation has reached at a very high level

(d) Relief packages announced by the Government have proved insufficient to improve the situation of agri sector

(e) All of these

Ans: (e)

5. Why has Dr. Sublr Gokarn’s name been in the news recently?

(a) He has, taken over as the Deputy Governor of the RBI

(b) He has taken over as the Deputy Governor of the RBI

(c) He will be the new Deputy Chairman of the Planning Commission of India.

(d) He has taken over as the Chief of the Economic Advisory Council attached to Prime Minister's Office

(e) None of these

Ans: (b)

6. As published invarious newspapers, the Experian Credit Information Company of India is going to launch its operation in India soon. At present the only credit information bureau fuctional in India is

(a) AMFI   
(b) ICRA

(c) CIBIL   
(d) CRISIL

(e) None of these

Ans: (d)

7. As per the news published, in a financial population RBI is redesinging its 'ECS' to function as a Automated Clearing House (ACH) for bulk transactions. What is full form of  'ECS'?

(a) Extra Closing System

(b) Electronic Cheque System

(c) Evening Cheque Sorter

(d) Evening Cheque System

(e) Electronic Clearing Service

Ans: (e)

8. Which of the following challenges will be the most crucial for human existence on earth in the days to come?

(a) Pollution   

(b) Food Secudty

(c) Availability of natural gas

(d) Need for Financial Inclusion

(e) Cyber Crimes

Ans: (a)

9. The Reserve Bank of India has asked all the banks to install. "Note Sorting Machines" in the branches. How will this help banks and the general public?

(A) The machines will check for counterfeit notes and drop these from circulation.     .

(B) This will help banks to count the notes quickly and accurately.

(C) This will help in sorting out soiled 1I0teS so that they are not reissued by the banks.

(a) Only B   
(b) Only A

(c) Only C   
(d) Only A and B

(e) None of these

Ans: (a)

10. A study report entitled "India Generation Gap Review" was presented at the World Economic Forum in November 2009. This was presented during which of the following summits/conferences?

(a) G-8 Summit   

(b) G-20 Summit

(c) India Economic Summit

(d) SAARC Finance Ministers' Conference

(e) None of these

Ans: (c)

11. As we know the Government of India has notified certain new rules to calculate Income Tax on various perks like accommodation and conveyance etc. being given by employers to their salaried employees. The new rules will replace which of the following taxes which has been abolished now?

(a) Capital Gains Tax

(b) Sales Tax

(c) Cash Transaction Tax

(d) Fringe Benefit Tax

(e) None of these

Ans: (c)

12. Dr. K. Radhakrishnan has taken over as the Chief of -

(a) Electionics Commission

(b) Indian Space Research Organisation

(c) Atomic Energy Commission of India

(d) Deputy Governor of Reserve Bank of India

(e) None of these

Ans: (b)

13. As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw upto Rs .1,000 using their debit cards from notified shops/stores. allover the country. All such shops/stores will have 'pas' terminals for the same. What is full form of the 'pas'?

(a) Payment on Sale   

(b) Power of Sale.

(c) Point of Sale

(d) Payment Order Service

(e) None of these.

Ans: (c)

14. The working group set up by the RBI has suggested-the launch of an Emergency Fund Facility Scheme for banks. This scheme will help which of the following types of banks?

(a) Public Sector Banks

(b) Small Banks

(c) Urban Cooperative Banks

(d) Private Banks   

(e) Foreign Banks

Ans: (c)

15. As published in major newspapers public sector banks have asked the Government of India to provide more funds for "Capital Infusion". How much is the need of PSBs collectively for the purpose? (Rs. in crores)?

(a) 10,000   
(b) 15,000

(c) 20.000   
(d) 25,000

(e) 30,000

Ans: (d)

16. Who amongst the following has purchased about 200 tonnes of gold from international Monetary Fund (IMF) in 2009?

(a) Infrastructure Finance Company Ltd.

(b) Bombay Stock Exchange of India

(c) Gold Council of India

(d) Reserve Bank of India

(e) None of these

Ans: (d)

17. One of the major emphasis of Basel II is that banks, should have

(a) adequate Capital Adequacy Ratio

(b) only few branches in urban centres

(c) more and more branches in rural areas

(d) core banking mode of operation

(e) all the above to comply with Basel II norms

Ans: (a)

18. As per the reports published by various agencies/organisation, it is estimated that around 3 billion extra people will join our existing population of 6 billion by the year 2050. To provide food for all of them, a second round which of the following initiatives is required to be start much in advance?

(a) Green Revolution   

(b) Planned Urbanisation     

(c) Industrialisation   

(d) Climate Migration     

(e) All of these

Ans: (e)    

19. Who amongst the following is the President of the European Union at present?

(a) Catherine Ashton     

(b) Mr. Jose Manuel Barroso,     

(c) Mr. Fredrik Reinfeldt

(d) Mr. Sergi Lavrov     

(e) None of these

Ans: (e)

20. As per the reports published in various newspapers, and journals almost all big nations are trying their best to resolve various disputes between the nations where in either the are a party or because of that their peace and stability many be affected. Stability in which of the following two nations is more vital to India than that of any other nations?

(a) Bangladesh & China

(b) China & USA   

(c) Iraq & Russia

(d) South & North Korea     

(e) Pakistan & Afghanistan

Ans: (e)

21. India's bilateral per annum trade with European Union at present is about -

(a) 50 billion US $   

(b) 75. billion US $     

(c) 100 billion US $   

(d) 150 billion US $     

(e) 200 billion US $

Ans: (b)         

22. Some world bodies/organisations/agencies are of the view that agriculture should adopt a "Cross Disciplinary Approach", and fake help of all types of sciences and studies. This approach will help in which of the following crucial problems being faced by humanity?

(a) Use of Genetically Modified Crop   

(b) Melting of glaciers

(c) Food crisis

(d) Climate change

(e) None of these

Ans: (c)

23. An agreement between two nations or a group of nations which establishes unimpeded exchange and flow of goods and services between/among trade partners regardless of national boundaries is called-

(a) Import Free Agreement

(b) Free Trade-Agreement

(c) Export Free Agreement

(d) Special Economic Zone Agreement

Ans: (b)

24. Which of the following correctly describe what "One Carbon Credit" is?

(A) Credit permit to release one ton of carbon dioxide.

(B) Providing loans to establish one new production unit which can produce carbon dioxide for Industrial use.

(C) Finding out one new business which can use and recycle green house gases.

(a) Only C       

(b) Only B

(c)
Only A       

(d) All A, B and C

(e)
None of these

Ans: (c)

25. As per various reports issued by the UNO and other world bodies, agricultural and allied, activities consume what percentage of global water resources every year?

(a) 15%   

(b) 30%

(c) 50%   

(d) 70%

(e) 60%

Ans: (d)

26. The Food and Agriculture Organisation (FAO) is a wing/agency of the _

(a)
World Bank

(b) United Nations Organisation

(c) Asian Development Bank

(d)
Ministry of Agriculture Government of India

(e)
None of these

Ans: (b)

27. As a policy India does not encourage tree, movement of unskilled labours from _

(a) Gulf Countries

(b) USA and South American Nations

(c) European Union Nations

(d) All these nations

(e) None of these

Ans: (d)

28. The Government of India has decided to disinvest its share in major listed public sector under-takings. How much of its share will be off loaded in this method?

(a) 2%                   

(b) 4%

(c) 8%                   

(d) 10%

(e) None of these

Ans: (d)

29. The United Nations Development Fund for Women (UNIFEM) is working in an Indian city to make it safe for women. Which of the following is that city?


(a) Pune              

(b) Kolkata

(c) Delhi      

(d) Mumbai

(e)
Lucknow

Ans: (c)

30. At present the trade between India and China is in a state of "Payment Imbalance", What does this mean in real terms?

(A) China does not import many items from India whereas India-imports more from. China.

(B) China does not pay India in time and a lot of delay is reported by the exporters.

(C) India wants all payments to be made in US Dollars whereas China pays in its own currency.

(a) Only A          

(b) Only B

(c) Only C          

(d) All A, B and C

(e) None of these

Ans: (d)

31. India has signed an agreement on climate change with which of the following countries recently?

(a) USA                  

(b) Russia

(c) United Kingdom     

(d) Australia

(e) China

Ans: (e)

32. Some Scientists are of the opinion that extra agricultural production should be achieved. without, going for the cultivation of extra land and also without causing damage to essential eco-system. This concept, in other words, is known as-

(a) Sustainable growth

(b) Renewability of Inputs

(c) Global Melt down

(d) Climate Migration

(e) None of these

Ans: (a)

33. Mr. Z. E. A. Ben Ali has taken over as the President of -

(a) Tunisia   

(b) Malaysia

(c) Indonesia   

(d) Kuwait

(e) None of these

Ans: (a)

34.
Which of the following is NOT a Government of India undertaking?

(a) Oil India Ltd.

(b) Sutlej Jal Vidyut Nigam Ltd.

(c) ICICI Bank

(d) National Thermal Power Corporation Ltd.

(e) Rural Electrification Corporation Ltd.

Ans: (c)

35. India shares its border with China along the Himalayan range. Which of the following states touches the border of China.

(a) Punjab                     

(b) Bihar

(c) Arunachal Pradesh 

(d) chhattisgarh

(e) All of these

Ans: (c)

36. Which of the following has been the growth of India's GDP during 2008-09? (Final data are issued in late 2009).

(a) 5%                 

(b) 5.5%

(c) 6%                 

(d) 6.5%

(e) None of these

Ans: (d)

37. Which of the following ministries has launched a new "Skill Development Initiative Scheme" so that the employability of the young people can be increased?

(a) Ministry of Finance

(b) Ministry of Agriculture

(c) Ministry of Heavy Industry

(d) Ministry of Home Affairs

(e) Ministry of Labour and Employment

Ans: (a)

38.
Sachin Tendulkar has recently, become the first cricketer in ODI history to cross the milestone of

(a) 10000 runs             

(b) 12000 runs

(c) 15000 runs             

(d) 17000 runs

(e) 20000 runs

Ans: (d)

39. The East Asia Summit took place in October 2009 in Hua Hin town, This is a town in -

(a) China   

(b) Myanmar

(c) Cambodia   

(d) Malaysia

(e) Thailand

Ans: (e)

40. What percent of India's GDP is invested in providing education?

(a) 1%              

(b) 2.5%

(c) 4%              

(d) 6%

(e) None of these

Ans: (a)

41. India has recently gained the status of becoming the third largest producer of Steel in the world. Who is the largest producer?

(a) USA                

(b) Russia

(c) Japan               

(d) China

(e) None of these

Ans: (d)

42. Dadaab Refugee Camp which was, in the news recently is located in which of the following countries?

(a) Sudan     

(b) Iraq

(c) Pakistan     

(d) Afghanistan

(e) Kenya

Ans: (e)

43. Which of the following countries, objected to the Indian Prime Minister's recent visit to Arunachal Pradesh?

(a) Pakistan   

(b) Nepal

(c) Myanmar   

(d) Bhutan

(e) None of these

Ans: (e)

44. Which of the following is NOT associated with climate change and/or Global Warming?

(a) Basel Norms

(b) Bali Meet 2007

(c) Copenhagen Conference

(d) Kyoto Protocol

(e) Bangkok Meet in 2009

Ans: (a)

45. Which of the following terms is used in the game of Hockey?

(a) Baseline   

(b) Smash

(c) Drop   

(d) Centre Forward

(e)
None of these

Ans: (d)

46. Which of the following Geneticaly Modified vegetables is recently being made available in Indian markets?

(a) Carrot   

(b) Radish

(c) Brinjal   

(d) Potato

(e) None of these

Ans: (e)

47. Each Nobel Prize winner gets an amount of 10, million Swedish-

(a) Kroner   

(b) Dollar

(c) Yen        

(d) Pound

(e) Euro

Ans: (a)

48. Which of the following is NOT a plant product?

(a) Camphor   

(b) Aloe Vera

(c) Vanilla   

(d) Kiwi

(e) All are plant products

Ans: (e)

49. Dr. Venkatraman Ramakrishnan is one of the recipients the Nobel Prize in the field of__

(a) Physics   

(b) Chemistry     

(c) Medicine   

(d)
Economics     

(e)
Literature

Ans: (b)

50. As per the reports published in newspapers the Government of India has asked all the states to conduct a 'Social Audit” of each and every work of which of the following scheme,     
(a) National Rural Employment Guarantee Act     

(b) Pradhan Mantri Gram Sadak Yojana     

(c) Indira Aawas Yojana     

(d) Rajiv Gandhi Grameen Vidyutikaran Yojana     

(e) None of these.

Ans: (a)

51. Which of the following is NOT the name of a major Lai Tennis Tournament?

(a) U S Open                

(b) Wimbledon     

(c) French Open   

(d) Grand Master     

(e) Australian Open

Ans: (d)  

52. 'Derby' is associated with which of the following sports events?

(a) Horse Racing   

(b) Chess     

(c) Cricket                 

(d) Hockey     

(e) Football

Ans: (a)        

53.
Which of the following terms is NOT used in Banking and Finance?

(a) Bid Price   

(b) Jacksonian Seizure     

(c) Call Option   

(d) Bluechip     

(e) Dividend

Ans: (b)

54. Dada Saheb Phalke Award is given for the exemplary won in the field of -

(a) Literature   

(b) Music   

(c) Films   

(d) Sports     

(e) None of these

Ans: (c)

55. Who amongst the following is the Chief Justice of India at present?

(a) Justice R. C. Lahoti   

(b) Justice Y.K. Sabharwal   

(c) Justice G. P. Mathur

(d) Justice K.G. Balakrishnan     

(e) None of these

Ans: (d)

56.
Which of the fallowing terms is NOT used in Econamics?

(a) Exogenous                

(b) Depreciation     

(c) Deep Market   

(d) Zero Sum Game     

(e) Handedness

Ans: (e)

57. Who amongst the fallowing is NOT a lawn Tennis player?

(a) Cara Black                

(b) Dinara Safina     

(c) Jelena Jankovic   

(d) Leander Paes   

(e) Anand Pawar

Ans: (e)

58. Which of the following books is written by V.S. Naipaul?

(a) A Woman Alone

(b) The Open Cauple     

(c)
The Grass is Singing

(d) The Golden Notebook     

(e) Half a Life

Ans: (e)

59. Sri Balraj Puri, who was in the news recently, is a famous _

(a) Classical Singer   

(b) Cine Actor

(c) Social Warker   

(d) Sportsman

(e) Journalist

Ans: (e)

60. Which of the following is caused by H5NI virus?

(a) Yellow fever   

(b) Measles

(c) Plague                

(d) Bird flu

(e) None of these

Ans: (d)

61. Which of the following rivers is NOT in India?

(a) Tapti   

(b) Ural

(c) Mahi   

(d) Mahanadi

(e) Penner

Ans: (b)

62. Mr. Mohamed Nasheed was on a five day state visit to India recently. He is the President of -

(a) Bangladesh         

(b) Iran

(c) Indonesia         

(d) Maldives

(e) None of these

Ans: (d)

63. India celebrated which of the following Birth Anniversary of Mahatma Gandhi in October 2009?

(a) 110    

(b) 120

(c) 130                

(d) 140

(e) None of these

Ans: (d)

64. Which of the following states has launched e-Shakti Programme so that poverty can be reduced in the state?

(a) Delhi                

(b) Maharashtra

(c) Uttar Pradesh   

(d) Bihar

(e) None of these

Ans: (d)

65. Which of the following schemes is launched by the Government of India to improve the health of pregnant and lactating mothers?

(a) Matritva Sahayog Yojana

(b) Dhan Lakshmi Yojana   

(c) ASHA

(d) Health for All Scheme   

(e) None of these

Ans: (a)

66. As per the decision taken by the Orissa cabinet the new name of the state would be written as _

(a) Odisha   

(b) Orissha

(c) Aurissa   

(d) Horissa

(e) None of these

Ans: (a)

67. India recently organized sixth ministerial level of Indo-US- TPF. What is full form of TPF?

(a) Trade Policy Forum

(b) Traditional Planning Force

(c) Trade and Payment Finance

(d)
Technical Planning Force

(e) None of these

Ans: (a)

68. Which of the following is the abbreviated name of state level agency on afforestation created by the Government of India?

(a) NDMA          

(b) SFDA

(c) ICMJE           

(d) JCCROM

(e) None of these

Ans: (e)

69. Which of the following states has launched 'Atta-Dal Scheme' under which atta and dal Will be supplied at affordable prices to ration card holders?

(a) Rajasthan                

(b) Gujarat

(c) Uttar Pradesh   

(d) Orissa

(e) None of these

Ans: (a)

70.
Which of the following states has the maximum number of Sugar mills?

(a) Bihar                   

(b) Rajasthan

(c) Gujarat                

(d) Haryana

(e) None of these

Ans: (e)

71. India purchased the Barak Anti Missile Defence System from –

(a) USA                   

(b) Japan

(c) France                

(d) Israel

(e) None of these

Ans: (d)

72. Mullaperiyar Dam is built on which of the following rivers?

(a) Pamba                  

(b) Godavari

(c) Krishna                

(d) Cauvery

(e) None of these

Ans: (e)

73. Which of the following countries won the Champions Trophy Cricket Tournament 2009?

(a) England   

(b) Pakistan

(c) Australia   

(d) New Zealand

(e) None of these

Ans: (c)

74. Who amongst the following has not been nominated for Man Booker Prize -2009?'

(a) J.M. Coetzee            

(b) Hilary Mantel

(c) Sarah Waters            

(d) Thomas Cromwell

(e) None of these

Ans: (d)

75. Shanti Swarup Bhatnagar Awards are given far excellence in the field of-

(a) Sports                             

(b) Economics

(c) Science and Technology   

(d) Cinema

(e) None of these

Ans: (c)

Thursday, September 15, 2011

Tamil Nadu to introduce ‘samadhan' scheme

The Tamil Nadu Government is set to revise the guideline value of property and introduce a ‘samadhan' scheme for settlement of disputes in stamp duty and commercial taxes.
According to the policy note of the Registration Department, there has been a manifold increase in real estate price following the last revision of guideline values in August 2007.
The Government has taken steps to constitute valuation committees at the State and District levels realign guideline values with market rates.
The State-level committee will be headed by the Inspector General of Registration and district level sub-committees by the District Collectors. Work is on in all the 32 districts.
The State Government is also planning to introduce a ‘samadhan' scheme to resolve the disputes relating to stamp duty and fixation of market value for documents to be registered. A notification is expected soon and this would help free Rs 125 crore of money locked up pending a decision on the market value.
The revenue to the department from documents registered has grown to Rs 5,020.50 crore 2010-11 from a jump of 20 per cent over that of the previous year when the revenue was Rs 3,818.25.
The number of documents registered also increased to 32.80 lakh (27.31 lakh).

Commercial Taxes

Revenue collection by the Commercial Taxes Department is Rs 11,722 crore as of July 2011-12.
This is a 20 per cent jump over that of the same period in the previous year. In 2010-11, the total revenue was Rs 31,117 crore.
The policy note on commercial taxes also mentions plans to introduce a ‘samadhan' scheme for expediting dispute resolution of arrears.
The scheme relating to arrears under the Tamil Nadu General Sales Tax Act is likely to be October 1, 2011 to March 31, 2012.
The Government has said that following the introduction of Value-Added Tax from the earlier TNGST in January 2007, the State Government has claimed compensation of Rs 4,011.80 crore for VAT loss.
However, only Rs 3,361.36 crore has been received and the balance of Rs 650.44 is pending.
On revenue loss following the phasing out of Central Sales Tax due to introduction of VAT, the net amount payable by the Centre is Rs 4,188.38 crore as of 2009-10 but Rs 2,577.58 crore has been received leaving a shortfall of Rs 1,610.80 crore.
For 2010-11, a compensation claim of Rs 2,309.24 crore has been sent based on previous years guidelines as the Centre is yet to announced the guidelines for the year.

Wednesday, September 14, 2011

SOCIO ECONOMIC DEVELOPMENTS MCQs

1. RBI increased the savings bank rate from 3.5 percent to …………….percent?  
    1) 5    
    2)4.5
    3)4    
    4)10
    5)5
    Answer: (3)

2. With in how many days the wrong debited amounts must be reimbursed or else the bank has to pay Rs. 100 per day as per the new order of Reserve Bank of India?       
    1) 12 days    
    2) 14 days
     3) 7days   
    4) 8 days
    5) 30 days
    Answer: (3)

3.  .......... received the infuse of Rs.1740 crore under the recapitalization package to shore up bank’s equity capital?              
   1) Indian bank    
   2) Axis Bank
    3) Oriental Bank of Commerce
    4) Indian Overseas Bank
    5) Canara Bank
    Answer: (3)

4.  Reliance Communications got the second installment of $ 400 million from ...........   
     1) World Bank    
    2) IMF
    3) China Development Bank
    4) IDA    
    5) IFC
    Answer: (3)

5. Which international monetary organization came forward to lit 12,000 villages by providing electricity. It granted the loan worth of $ 120 million?      
  1) IFC    
  2) UNO
  3) ADB   
 4) IBRD        
 5) IDA
    Answer: (3)

6. Acting Managing Director of International Monetary Fund ( IMF) is ...........?  
   1) John Lipsky    
    2) Robert Zoellick
    3) Vineeth Verman
     4) Lakshmi Venkatachalam
     5) None of these
    Answer: (1)

7.   If there is an inflationary trend in the country, the banking products lead to the ............?   
     1) Decreasing trend    
    2) Constant trend
     3) Zero trend    
    4) Increasing trend
    5) there is no relation between inflation and banking products pricing.
    Answer: (4)

8.  Among the following banks, which one is the Public Sector Bank, but not nationalized banks?
      1) IDBI bank    
    2) Allahabad bank  
    3) Union bank of India   
    4) Central Bank of India
        5) Bank of Maharastra
    Answer: (1)

9.     Which among the following bank was merged with State Bank of India in 2010?   
        1) State Bank of Hyderabad
        2) State Bank of Travancore
        3) State Bank of Indore
        4) State Bank of Patiala
        5) State Bank of Mysore
    Answer: (3)

10.     Hawala transaction means ...........?   
        1) The transaction done in the bank
        2) The transaction done in the bank through proper channel of the government of India
        3) a mode of transferring of funds out of India or into the country, by passing official and legal channels
        4) Indian mode of keeping the money in the savings account
        5) None of these
    Answer: (3)

11.     Maharatna Status given to ONGC, IOC, SAIL and NTPC. The norms to brand any company as Maharatna changed on 17 March 2011. Pick up the wrong one?      
        1) They should have annual turnover of Rs.20,000 crore in the last three years.
        2) The company must have an average annual net worth of Rs. 10,000 crore in the last three years in a row.
        3) The company must be started least 40 years back.
        4) The company must get the average profit of Rs. 2500 crore.
        5) None of these
    Answer: (3)
12.     The biggest single day jump registering 623.10 points since May 2009 occurred in Bombay Stock Exchange sensex. This event occurred on…….?
        1) 11th March 2011    
    2) 1st January 2011  
        3) 3rd January 2011            
    4) 2nd April 2011
        5) 1st March 2011
    Answer: (5)
13.     Tummalapalle, Kadapa District, Andhra Pradesh came in to news as the deposits of ...........mines found?           
        1) Thorium    
    2) Radium
        3) Molybdenum   
    4) Manganese
        5) Uranium
    Answer: (5)

14.    Sulabh International provides the costeffective and environment friendly technology in the providing toilets in the ...........?      
        1) NAM    
    2) ASEM
        3) APEC   
    4) ASEAN
        5) SAARC
    Answer: (4)

15.     The Award list is given. Pick up wrong one?  
      1) Man Booker International prize winner Philip Roth ( American author)
        2) Jawaharlal Nehru International Understanding Award got by German Chancellor Angela Merkel
        3) C.K.Naidu life achievement award got by Salim Durani, the famous test cricketer
        4) Rajkumar Award got by Saroja devi
        5) None of these
    Answer: (5)

16.    Deodhar Trophy won by ...........?  
        1) South Zone    
    2) East Zone        
    3) West Zone   
    4) North Zone
        5) Central Zone
    Answer: (4)

17.    “Exchange Control Manual” is the publication of…in the context of foreign exchange  
        1) Finance Minister
        2) Department of Commerce
        3) Foreign Trade Promotion Board
        4) SEBI    
    5) Reserve Bank of India
    Answer: (5)

18.    ........... called the chief Coordinator of the rural credit in India?      
        1) RBI    
    2) Co-operative banks
        3) NABARD   
    4) SBI
        5) RRB
    Answer: (3)

19. ........... Committee submitted the report to prime minister of India on Consumer Affairs insisted to ban the futures trading in the essential commodities?     
        1) Kiran Kumar Reddy  
        2) Sivaraj Singh Chouhan
        3) Narendra Modi
        4) Ashok Gehlat   
        5) Prudveeraj Chouhan
    Answer: (3)

20.     BASEL committee recognizes three risks. They are ...........?      
        1) Market Risk, Operational Risk and Cash Risk
        2) Market Risk, Operational Risk and Credit Risk
        3) Lending Risk, Operational Risk and Payments Risk
        4) Floating Risk, Payment Risk, Credit Risk
        5) None of these
    Answer: (2)

21.     Financial Inclusion do not include ...........?  
        1) Every Indian must hold a bank account
        2) Reaching of Banking services to the door steps the common people even in rural areas
        3) Business Correspondents will be appointed by the bank to deliver the banking services in rural areas
        4) Opening of No frill accounts
        5) Opening of satellite banks, door step banking etc
    Answer: (1)

22.    Which Bank is set to open the overseas branches in Mozambique, Bhutan, Hong Kong, Dubai and Sri Lanka in the coming days?  
        1) State Bank of India   
    2) Indian Bank
        3) Central Bank of India   
    4) Syndicate Bank
        5) Indian Overseas Bank
    Answer: (3)

23. Pure Banking nothing Else is the punch line of ...........?     
        1) S.B.I    
    2) S.B.H
        3) Allahabad Bank   
    4) Syndicate Bank
        5) IDBI
    Answer: (1)

24.     The paper currency does not bare the signature of RBI governor is ……?   
        1) 10 rupee    
    2) 20 rupee
        3) 50 rupee   
    4) 100 rupee        
    5) 1 rupee
    Answer: (5)

25.     “Apple Advance Scheme” launched in ....?  
        1) Jammu and Kashmir   
    2) Haryana
        3) Uttarakhand   
    4) Andhra Pradesh
        5) Arunachal Pradesh
    Answer: (1)

26.     ........... is not the part of the RBI monetary and Credit Policy?       
        1)Repo rate  
        2) Cash Reserve Ratio
        3) Reverse Repo Rate  
        4) Foreign Exchange Rate
        5) All of the above
    Answer: (4)

27.     The last journey of ........... returned to Cape Canaveral on March 9, 2011?  
        1) Columbia    
    2) Ariana
        3) Messenger    
    4) Apollo
        5) Discovery
    Answer: (5)

28.    The Abbreviation list is given. Pick up wrong one?
        1) ODA- Overseas Development Assistance
        2) LPD- Landing Platform Docks       
        3) EMMRC -Educational Multimedia Research Centre
        4) CRAR -Capital to Risk Weighted Assets Ratio
        5) NSDC -National Skill Dealing Council
    Answer: (5)

29.     India’s wild tiger population was increased by ........... percent in the last 4 years. 2010 census telling the tiger population was 1706?           
        1) 18    
    2) 24
        3) 10    
    4) 12
        5) 20
    Answer: (4)

30. ...... express run by railways connect state capitals and important towns within the state?  
        1) Kavi Guru    
    2) Vivek
        3) Matrubhumi   
    4) Karmabhomi
        5) Rajya Rani
    Answer: (5)
   
31.     A high-level Committee headed by the Chairman of ........... to examine ways of strengthening laws to curb generation of “illegal” wealth?  
        1) Central board of Direct Taxes
        2) State bank of India
        3) IRDA    
    4) SEBI
        5) FICCI
    Answer: (1)

32.    Distribution of subsidized sanitary napkins to adolescent girls in the age group of ........... years in rural India start on 1 August 2011?  
        1) 8 -12    
    2) 10 -14
        3) 15 -18   
    4) 10 -19
        5) 18 -21
    Answer: (4)

33.    ........... allowed the women employee for 2 years leave during their entire service period for children’s proper care?     
        1) Uttarakhand    
    2) Andhra Pradesh
        3) Goa   
    4) Tamilnadu
        5) Bihar
    Answer: (1)
34.     Which state distributed 2 crore health cards to School children for regular check-up and treatment for them? It will be come in to effect from 22 March 2011, on the eve of the state formation day.          
        1) Andhra Pradesh    
    2) West Bengal        
    3) Bihar   
    4) Karnataka
        5) Goa
    Answer: (3)

35.     May day list given. Pick up wrong one?   
        1) International Labour day - May 1
        2) World Asthma day - May 2
        3) International Energy day - May 4
        4) Red Cross day - May 8
        5) Mohter’s day - May 2nd Sunday
    Answer: (3)

36.     Extraordinary International Energy Forum meeting was held in….February 2011?   
        1) Doha    
    2) Moscow
        3) Oslo   
    3) Dubai
        5) Riyadh
    Answer: (5)

37.     Sixth BASIC ministerial meeting on Climate Change held in………?    
        1) Bejing    
    2) Durban
        3) Johannesburg   
    4) New Delhi
        5) Brasilia
    Answer: (4)

38.    G-8 countries list is given. Pick up the not one among them?       
        1) U.K    
    2) Australia
        3) Canada   
    4) Russia
        5) France
    Answer: (2)

39.     ........... government banned the bartan system which allows the upper caste people to extract work from barbers and washermen during family occasions?     
        1) Meghalaya    
    2) Odisha
        3) Andhra Pradesh    
    4) Assam
        5) Maharastra
    Answer: (2)

40.     ‘Sanchar Shakti’ is a scheme benefit ........... a value added service through mobile handsets?
        1) health workers    
    2) Doctors            
        3) Lawyers   
    4) Women SHG
        5) Sports persons
    Answer: (4)

41.     An individual can not open an account in ....?  
        1) RBI    
    2) Commercial Bank
        3) C0-operative Bank    
    4) Foreign bank
        5) Private Bank
    Answer: (1)

42.     On 7 March 2011, Supreme Court allowed ?
        1) Aggressive euthanasia           
        2) Active euthanasia
        3) Violent euthanasia
        4) Vibrant euthanasia
        5) Passive euthanasia
    Answer: (5)

43.     Planned expenditure excess over the income is called……….?      
        1) Deficit Financing    
    2) Scarce Financing
        3) Float Financing    
    4) Meter Financing
        5) None of these
    Answer: (1)

44.    Aim to introduce the KYC guidelines is?   
        1) to block black money and money laundering
        2) to know the number of customers
        3) to share the information in the computers
        4) to know the authority of the person to deposit
        5) all of above
    Answer: (1)

45.    The Government of India has set up Price Stabilisation Fund for four commodities. Which of the following is NOT covered by the scheme ?
        1) Tobacco    
    2) Coffee        
        3) Rubber   
    4) Tea        
    5) Jute
    Answer: (5)

46.    The organizing committee of FIFA World Cup announced the name of the country selected to host the event to be organized in 2014. Who is the host chosen for the same ?  
        1) Russia    
    2) Venzeula
        3) Bolivia    
    4) Peru
        5) Brazil
    Answer: (5)

47.     Who among the following is the author of the book :'Half a life'?      
        1) Mark Tully    
    2) Deepak Chopra
        3) Chetan Bhagat    
    4) Ved Mehta
        5) V.S. Neipaul
    Answer: (5)

48.    In which one of the following states, village level marketing platform has been set up for the first time in the country?      
        1) Haryana   
     2) Maharashtra
        3) Gujarath    
    4) Bihar
        5) Kerala
    Answer: (3)

49. With which one of the following sports, the name of Parupalli Kashyap is associated? 
        1) Chess    
    2) Tennis
        3) Badminton    
    4) Athletics
        5) None of these
    Answer: (3)

50.    While passing the Finance Bill the Finance Minister agreed to with draw the controversial 'misery tax' on healthcare from the tax proposals. What did this 'misery tax relate to?  
        1) Expenditure tax for luxury treatment
        2) Service tax on air conditioned hospitals and diagnostics
        3) Sales tax on expensive healthcare
        4) GST on costly hospital and medical treatment
    5) None of these
    Answer: (2)

Tamil Nadu to set up fisheries university

Tamil Nadu plans to set up a fisheries university in Nagapattinam district at a cost of around Rs 30 crore.
The proposed university will be constructed in 85 acres in Panankudi and Nagoor villages. Initially, five institutions, including the Fisheries College and Research Institute at Tuticorin, will be affiliated with the proposed university, Tamil Nadu chief minister Ms J. Jayalaithaa said in the Assembly.
With a coastline of 188 km, nearly 9,000 fishing vessels are involved in fishing activities in Nagapattinam. The fishing harbour in the southern district is also being modernised even as prawn-rearing and moderinsation of fishing trawlers will be some of the important economic activities to be taken up in the university, she said.
With 1,076 km of coast, Tamil Nadu has 591 fishing villages and around nine lakh strong fishing community. Nearly 4 lakh tonnes of fish is caught every year from the State. The annual fish export to the tune of around Rs 2,000 crore, she said.

Unravelling bio-informatics

A two-day workshop on bio-computing, being jointly organised by the National Institute of Technology, Calicut (NITC) and the US-based Indian University Perdue University Indianapolis (IUPUI), was inaugurated here on Monday by the Union Minister of State for Human Resources Development and External Affairs, Mr.E. Ahmed.
The workshop aims at providing a synergic platform for researchers in computer science and life science disciplines to exchange their ideas and to promote future collaborations towards the development of improved and highly efficient bio-informatics algorithms and tools.
The technical session began with a lecture by Dr Rajanikant from NITC on ‘Meeting the challenges of neuro-therapeutics development with computational tools.
He emphasised the role of bio-informatics in drug discovery, assessment and drug development.

2-day international bio meet to be held in Hyderabad

The two-day, BIO India international conference will be held in Hyderabad during September 21-22. It will bring together biotechnology and pharmaceutical companies from North America, Europe and Asia to meet and explore business opportunities with India's emerging biotech sector.
Keynote addresses by Mr G.V. Prasad, Vice-Chairman and Chief Executive Officer, Dr Reddy's Laboratories, Ltd., Aaron Schacht, Executive Director and Chief Operating Officer, Global External R&D, Eli Lilly & Company and Mr Glenn Saldanha, Managing Director and CEO, Glenmark Pharmaceuticals, will be the highlights.
The conference will also feature company presentations, exhibition and networking opportunities.
Experts will discuss innovation and financing, global biopharma and examining a high-profile deal between a multi-national pharma and an Indian biotech company.

East Central Rly’s festival specials

East Central Railway will run a weekly Festival Special between Patna and Ahmedabad between September 21 and November 11 to cope with the passenger rush on the occasion of Durga Puja, Diwali and Chhat, according to an ECR release. During the period, the train will leave Ahmedabad every Wednesday and Patna every Friday, the release adds.

Karnataka, TN among top 5 States with most supportive climate for hotels

 
The tourism climate in Maharashtra, Goa, Delhi, Tamil Nadu and Karnataka is the most conducive for hotels to operate in. The top five States have been ranked by HVS, a hospitality consulting and services organisation, in the second edition of its India State Ranking Survey 2011, released here on Wednesday.
“We hope this effort will inspire State Governments to do more for tourism… We also hope that the respective authorities would use this (survey) to identify areas in which they can help the States that have not performed well,” Mr Manav Thadani, Chairman, HVS South Asia, said in a company release.
According to the rankings, Karnataka vastly improved its position, moving from 12th place in 2009 to fourth in the current edition. “This is primarily due to two parameters: State expenditure on tourism and effectiveness of marketing campaign. Karnataka increased its budgetary provision for travel and tourism from 0.03 per cent to 0.22 per cent," said an HVS release.