GENERAL AWARENESS PRACTICE QUESTIONS

1.Which of the following is a private bank in India?

(1) Oriental Bank of Commerce

(2) Corporation Bank

(3) South Indian Bank

(4) Syndicate Bank

(5) Bank of Maharashtra

 

2.What is Rupee depreciation?

(1) Rupee depreciation means that rupee has become less valu¬able with respect to dolllar

(2) Rupee depreciation means dollar has become less valuable than rupee

(3)Rupee depreciation means a situation when value of rupee is same as euro

(4) Rupee depreciation happens when the combined value of dollar and euro is more than rupee

(5)None of these

 

3. Headquarter of ADB is situated in _

(1) Sanghai  

(2) Manila  

(3) Mali

(4) Geneva  

(5)None of these

 

4. CRISIL is a _

(1) Credit rating agency

(2) Employment exchange watchdog

(3) Infrastructure sector guide

(4) Market regulator

(5)None of these

 

5. By Public Sector bank we mean

(1) Government ownership in bank

(2) Capitalist ownership in bank

(3) Private ownership in bank

(4) Both (1)and (3)

(5)None of these

 

6. ______ forms a part of the Interest Rate Policy

(1) Fiscal Policy  

(2) Industrial Policy

(3) Monetary Policy  

(4) Manufacturing Policy  

(5)None of these

 

7. Credit cards are used for -

(1) Cash withdrawals  

(2) Purchase of air tickets  

(3) Purchase of consumable items from retail outlets  

(4) All of these  

(5) None of these

 

8. 13th Finance Commission has been constituted under the Chairmanship of—

(1) Y. S. P. Thorat  

(2) Vijai L. Kelkar

(3) T. S. Vijayan  

(4) Laxmi Narayan

(5) None of these

 

9. SEBI is a—

(1) Statutory body  

(2) Advisory body

(3) Constitutional body  

(4) Non-statutory body  

(5) All of these

 

10. NABARD was established on the recommendation of—

(1) Public Account Committee

(2) Shivaraman Committee

(3) Narsimham Committee

(4) Chelliah Committee

(5) None of these

ANSWERS:

1 3

2 1

3 2

4 1

5 1

6 3

7 4

8 2

9 1

10 2

GENERAL AWARENESS PRACTICE QUESTIONS FOR BANK EXAMS

1. Which of the following states has launched the Indira Bal Swasthya Yojana (IBSY) to provide free treatment to all children?
a. Gujarat  
b. Rajasthan
c. Haryana  
d. Karnataka
2. The current headquarters of  The Energy and Resources Institute (TERI) is located in which of the following cities?
a. Mumbai
b. Bengaluru
c. Dehradun  
d. New Delhi
3. Nirbasan is a book written by which of the following writers? 
a. Taslima Nasreen
b. Salman Rushdie
c. Begum Rokeya 
d. Selina Hossain
4. Which of the following States will host an international children film festival in association with CFSI in April 2012?
a. Goa 
b. Maharashtra
c. Odisha 
d. New Delhi
5. Which of the following states has successfully used mobile phone technology to provide timely healthcare to pregnant women and infants?
a. Gujarat   
b. Karnataka
c. Andhra Pradesh 
d. Haryana
6. Vizhinjam International Seaport is located in which state?
a. Kerala
b. Andhra Pradesh
c. Tamil Nadu
d. Gujarat
7. The KK Birla Foundation has awarded the 21st Bihari Puraskar 2011 to Arjundeo Charan for his Rajasthani poetry collection:
a. Anta Ke Sanshaya
b. Ghar Tau Ek Nam Hai  Bhrosai Rau
c. Jagah Jaisi Jagah  
d. Utsav Ka Nirmam Samai
8. An international Congress on ‘Modern Concepts in Canine Health and Diseases of Human Concern’ was held in which of the following districts of Rajasthan from 9 to 11 February 2012?
a. Bikaner
b. Jaipur
c. Jhalawar
d. Jodhpur
9. The Union Ministry of Health & Family has launched a music video, Life Se Panga Mat Le Yaar, sung by Shaan. Shaan has been appointed India's: 
a. Population control  ambassador
b. AIDS control ambassador 
c. Cancer control  ambassador  
d. Tobacco control  ambassador
10. Who is the coach of the Indian women's hockey team? 
a. Sandeep Somesh
b. Mir Ranjan Negi
c. CR Kumar
d. Khalid Modi
11. The National Anti Doping Appeal Panel (NADAP) is headed by: 
a. DM Dharmadhikari 
b. PN Bhagwati
c. KT Thomas  
d. CK Mahajan
12 Who among the following is the current chairman of Prime Minister's Scientific Advisory Council?
a. CNR Rao  
b. Vikash Sinha
c. R Chidambaram  
d. R Narasimha
13. Russia will hand over the refurbished aircraft carrier, Admiral Gorshkov, to India before the end of 2012. Which of the following shipyards had built Admiral Gorshkov?
a.  Sevmash Shipyard  
b.  Hotchya Shipyard
c.  Samussky Ship Building
d.  Zvezda Shipyard
14. The Solicitor General for India is subordinate to the Attorney General of India. Who among the following is the current Solicitor-General?
a. Gopal Subramaniam  
b. Rohinton Nariman
c. GE Vahanvati
d. Harish Salve
15. In which of the following states are houses - with all facilities, including toilets, drainage, and road connectivity - being provided to displaced families under the Asare scheme?
a.  Andhra Pradesh  
b.  Karnataka
c.  Bihar   
d.  Odisha
16. Who among the following is the current President of the ATP Players' Council?
a.  Rafael Nadal  
b.  Roger Federer
c.  Brad Drewett  
d.  Ivan Ljubicic
17. The Cabinet Committee on Economic Affairs (CCEA. has given its final approval to the London-based mining group Vedanta Resources Plc's acquisition of a majority stake in Cairn India Limited for $8.48 billion. Who is the head of the CCEA? 
a. Manmohan Singh  
b. Kapil Sibbal
c.  Pranab Mukherjee  
d. Abhishek Manu Singhvi
18. Which of the following states has launched the Atal Bijli Bachat Yojna to reduce energy consumption and greenhouse gas emissions by distributing free four CFL bulbs to every household?
a.  Himachal Pradesh
b.  Madhya Pradesh
c.  Gujarat   
d.  Karnataka
19. Which state has become the first to set up a special commando unit for protecting tigers from poachers and hunters?
a.  Karnataka   
b.  Tamil Nadu
c.  Madhya Pradesh  
d.  Chhattisgarh
20. The National Mineral Development Corporation (NMDC) is India's largest iron ore producer and exporter. Who is the current Chairman-cumManaging Director of NMDC?
a.  Rana Som   
b.  NK Nanda
c.  S Thiagarajan  
d.  Subimal Bose
21. The India Trade Promotion Organisation (ITPO) is the nodal agency of the Government of India for promoting external trade. Who among the following is the current C h a i r m a n - c u m - M a n a g i n g Director of ITPO?
a. Neeraj Kumar Gupta  
b.  Rita Menon
c.   AK Khanna   
d.  Sunil Kumar Sharma
22. The Kiran-Mk 2 is a/an:
a.  Indian Air Force (IAF)  aircraft 
b.  Scheme for adolescent  girls launched by  Andhra Pradesh
c.  Scheme for pregnant  women launched by  West Bengal
d.  Satellite dedicated to  Kalpana Chawla - to  be launched by ISRO 
23. Kobelco Cranes India Pvt Ltd (KCI), a part of Kobelco Cranes Company Limited (KCL) has commenced production at its hydraulic crane manufacturing plant in Andhra Pradesh. KCL originally belongs to which country?
a.  Japan  
b.  Germany
c.  South Korea 
d.  Sweden
24.  The GD Birla award is given each year to scientists who have contributed towards scientific research. Who among the following has won the GD Birla Award - 2011 for his contributions to the field of biochemistry?
a.  Santanu Bhattacharya  
b.  Tapas Kumar Kundu
c.  Nilesh Kumar    
d.  Manindra Agrawal 
25.  Who among the following authors has written the book Feeding the Forgotten Poor?
a. William D Dar   
b. Jagdish Bhagwati
c. Kuldip Nayyar   
d. Amartya Sen
26. Who among the following authors is the current President of Maldives?
a.  Mohammed Nasheed  
b. Waheed Hassan
c.  Ahmed Shihan   
d.  Abdullah Fairoosh
27. Which social activist refused to accept the Karnataka government's Basava Puruskar 2010 on grounds of “disagreement with certain state policies and inability of the government to deal with the mining scam and other scandals”?
a.  Medha Patkar  
b.  Anna Hazare
c.  Kiran Bedi   
d.  Aruna Roy
28. US President Barack Obama recently issued an executive order blocking the property of which of the following country's governments and its financial institutions in America?
a.  North Korea  
b.  Iran
c.  Syria    
d.  Cuba
29. The Indian Council of Agriculture Research (ICAR) is an autonomous organisation under the Department of Agricultural Research and Education, Ministry of Agriculture and was established on 16 July 1929. Where are the ICAR’s headquarters located? 
a.  Pantnagar    
b.  Puducherry
c.  New Delhi   
d.  Bhopal
30. Which New Delhi-based NGO has been awarded the “Best Institution for Child Development and Welfare” honour by the Union Minister of Women & Child Development, Krishna Tirath, recently?
a.  Ank    
b.  Uday
c.  Deepalaya   
d.  Tamana
31. The 14th Youth National Volleyball Championships were held in which of the following cities, from 7 to 13 February 2012?
a.  Hyderabad   
b.  New Delhi
c.  Kolkata   
d.  Pune
32. The All India Council for Technical Education (AICTE) is responsible for proper planning and coordinated development of the technical education and management education system in India. Who is the Chairman of the AICTE?
a.  SS Mantha  
b.  Ram Avtar Yadav
c.  Rabinder Randhawa 
d.  H C Rai 
33. Kaiga power plant is a nuclear power generating station situated at Kaiga near the river Kali. Which state is it located in? 
a.  Karnataka   
b.  Tamil Nadu
c.  Maharashtra  
d.  Gujarat
34.  Kalakkad - Mundanthurai Tiger Reserve (KMTR) is located in which of the following states? 
a.  Kerala   
b.  Andhra Pradesh
c.  Tamil Nadu   
d.  Karnataka

ANSWERS

1. (a) Haryana
2. (d) New Delhi
3. (a) Taslima Nasreen
4. (c) Odisha
5. (b) Karnataka
6. (a) Kerala
7. (b) Ghar Tau Ek Nam Hai Bhrosai Rau
8. (a) Bikaner
9. (d) Tobacco control ambassador
10. (c) CR Kumar
11. (d) CK Mahajan
12. (a) CNR Rao
13. (a) Sevmash Shipyard
14. (b) Rohinton Nariman
15. (b) Karnataka
16. (b) Roger Federer
17. (a) Manmohan Singh
18. (a) Himachal Pradesh
19. (a) Karnataka
20. (b) NK Nanda
21. (b) Rita Menon
22. (a) IAF aircra
23. (a) Japan
24. (b) Tapas Kumar Kundu
25. (a) William D. Dar
26. (b) Waheed Hassan
27. (a) Medha Patkar
28. (b) Iran
29. (c) New Delhi
30. (d) Tamana
31. (c) Kolkata
32. (a) SS Mantha
33. (a) Karnataka
34. (c) Tamil Nadu

GENERAL AWARENESS PRACTICE QUESTIONS FOR BANK EXAMS

1. What role do Micro, Small and Medium Enterprises (MSMEs) play in a country’s economic and industrial development ?
(A) They have the capacity to absorb skilled and unskilled labour available in the country.
(B) Such institutions help in distribution of income in a wide spectrum and do not allow it to get concentrated in few hands or in few areas.
(C) They help in eradication of poverty by providing self-emplovment opportunities.
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Only (A) & (C)
(5) All (A), (B) & (C)
2. Which of the following statements about the Indian Economy is correct ?
(1) Indian economy is as developed as that of China
(2) About 70% Indians are involved in some type of self-employment and are the owners of some or the other micro or small enterprise
(3) In India single biggest employment is agriculture and allied activities
(4) About 48% Indian workforce is employed in foreign countries or in organisations assisted by foreign capital
(5) None of these
3. Which of the following is/are correct about the problems of Indian Agriculture ?
(A) Large agricultural subsidies are hampering productivity-enhancing investments.
(B) Irrigation infrastructure is in bad shape and needs immediate improvement.
(C) Frequent takeovers of fertile land by private companies and multinationals to launch big business complexes.
(1) Only (A)
(2) Only (A) & (B)
(3) Only (A) & (C)
(4) All (A), (B) & (C)
(5) None of these
4. As per news in various journals, many banks have failed to achieve agri-loan target fixed by the RBI for the year 2010-11. What was the target fixed for the year ?
(1) 10%
(2) 15%
(3) 18%
(4) 24%
(5) 30%
5. Which of the following statements about Agro and Allied activities is not correct ?
(1) Farmers do not get adequate credit for purchase of cattle
(2) There is a need to improve breed and genetic characteristics of the cattle folk
(3) India has huge forest cover and also degraded and marshy land which can be used for productive purposes
(4) India is the 10th largest producer of medicinal and aromatic plants, but the products are not of commercial-value
(5) Animal husbandry plays an important role in providing sustainability under Rain-fed conditions
6. Which of the following schemes launched by the Government of India aims at enhancing the livelihood security of the people in rural areas by guaranteeing hundred days of employment in a financial year to a rural household whose adult members volunteer to do unskilled manual work ?
(1) TRYSEM
(2) Pradhan Mantri Gram Sadak Yojana
(3) Kutir Jyoti Scheme
(4) ASHA
(5) MGNREGA
7. In some parts of India, farmers face acute distress because of heavy burden of debt from non-institutional lenders. Who can be called a non-institutional lender ?
(1) Small Banks
(2) Grameen Banks
(3) Credit Cooperative Societies
(4) Micro Finance Institutions
(5) Moneylenders

8. The South Asian Free Trade Agreement (SAFTA) was introduced with a view of levying how much custom duty for trading any product within the SAARC zone ?
(1) 5%
(2) 4%
(3) 2%
(4) 1%
(5) No customs duty
9. Which of the following organisations prepares rural credit plans on annual basis for all districts in India, which in turn form the base for annual credit plans of all rural financial institutions ?
(1) SIDBI
(2) NABARD
(3) RBI
(4) Indian Banks Association
(5) CII
10. Which of the following is TRUE about the current population trend (s) in India ?
(A) Every year India adds more people to the world’s population than any other country.
(B) Currently India has a young population which will grow somewhat older largely as a result of decline in fertility.
(C) The National Family Planning Programme did not contribute much in controlling fertility rate.
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Only (A) & (B)
(5) All (A), (B) & (C)
11. In economic terms, which of the following factors determine the ‘Individual’s demand’ of a product/ commodity ?
(A) Price of a commodity.
(B) Income of the mdividual.
(C) Utility and quality of a commodity
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Only (A) & (C)
(5) All (A), (B) & (C)
12. Which of the following terms is used in the field of economics ?
(1) Adiabatic
(2) Bohr Theory
(3) Plasma
(4) Barter System
(5) Viscosity
13. “Pascal Lamy calls on trade negotiators to move out of their comfort zones towards agreements”, was the headline in some major newspapers. This news is associated with which of the following organisations/agencies ?
(1) World Trade Organisation
(2) International Monetary Fund
(3) World Bank
(4) United Nations Organisation
(5) North Atlantic Treaty Organisation
14. Which of the following is not a function of the Planning Commission of India ?
(1) Assessment of the material, capital and human resources of the country
(2) Formulation of plans for the most effective and balanced utilisation of country’s resources
(3) Public cooperation in national development
(4) Preparation of annual budget of the country and collection of taxes to raise capital for the implementation of the plans
(5) Determination of stages in which the Plan should be carried out
15. Which of the following periods represents the period of the first Five-Year Plan in India?
(1) 1948 – 53
(2) 1947 – 52
(3) 1952 – 57
(4) 1950 – 55
(5) 1951 – 56
16. Which of the following is the name of the process available to common people to seek court’s intervention in matters of public interest ?
(1) Public Interest Litigation (PIL)
(2) Habeas Corpus
(3) Ordinance
(4) Residuary power
(5) None of these
17. India’s foreign policy is based on several principles, one of which is
(1) Panchsheel
(2) Satyamev Jayate
(3) Live and Let Live
(4) Vasudhaiv Kutumbkam
(5) None of these
18. As we know thousands of tonnes of foodgrain was washed away in the floods in Haryana and Punjab a few months back. This incident is an example which indicates that there is a scope for improvement in our machinery controlling our
(1) Mid Day Meal Scheme
(2) Public Distribution System
(3) Food for Work Programme
(4) Village Grain Bank Scheme
(5) Operation Flood Scheme
19. President Barack Obama was on a visit to India a few months back. His visit is said to have forged both the nations into a new era of relations. India managed to sign a special agreement with US in which of the following fields/areas as a byproduct of the visit of Obama ?
(A) Energy sector & Nuclear energy as US has lifted sanctions on supply of high tech machines.
(B) Skill Development Programmes in IT sector in which US has super-specialisation.
(C) Training in management of Micro-finance Institutions.
(1) Only (A)
(2) Only (B)
(3) Only (A) & (C)
(4) Only (B) & (C)
(5) Only (A) & (B)
20. Many times we read a term Tax Haven’ in various newspapers. What does it mean ?
(A) It is a country where certain taxes are levied at a very low rate.
(B) It is a country where people can dump their illegal money without any problem.
(C) It is a place where foreigners can work without paying any tax on their income.
(1) Only (A) & (B)
(2) Only (B)
(3) Only (B) & (C)
(4) Only (A)
(5) All (A), (B) & (C)
21. As per existing law, what is the minimum per day wages paid to a worker from unorganised sector in India ?
(1) Rs. 50
(2) Rs. 75
(3) Rs. 100
(4) Rs. 125
(5) No such law is there
22. Who amongst the following was awarded the “Indira Gandhi Peace Prize” for 2010 ?
(1) Ronald Noble
(2) Luiz Inacio Lula D’Silva
(3) Mohammed ElBaradei
(4) Aung San Suu Kyi
(5) None of these.
23. Which of the following is not a Poverty Eradication Programme launched by the Government of India ?
(1) Swarnjayanti Gram Swarozgar Yojana
(2) Jawahar Gram Samridhi Yojana
(3) National Social Assistance Programme
(4) AADHAAR
(5) National Family Benefit Scheme
24. According to the World Bank estimate about 40% Indians are living below International Poverty line of US $
(1) 1 per day
(2) 1.25 per day
(3) 2 per day
(4) 2.5 per day
(5) 3 per day
25. The 10th Trilateral Ministerial Meeting of RIC group was organised in November 2010. Who are the members of the RIC ?
(1) Russia – Iran – China
(2) Russia – India – China
(3) Romania – Iran – Canada
(4) Romania – Israel – Chile
(5) Russia – India – Croatia
26. India and Syria recently decided to double their trade in next 2 years. Indian Government has decided to export which of the following commodities to Syria ?
(1) Natural gas
(2) Milk
(3) OIL
(4) Wheat
(5) All of these
27. India has sanctioned a Rs. 26 million grant to which of the following countries for development of tube wells ?
(1) Myanmar
(2) Bangladesh
(3) Nepal
(4) Pakistan
(5) Sri Lanka
28. Which of the following is the name of the scheme launched by the Government of India for adolescent girls ? (Launched in November 2010)
(1) Swawlamban
(2) SABALA
(3) AADHAAR
(4) ASHA
(5) None of these
29. Many times we see in financial journals/bulletins a term M3. What is M3 ?
(1) Currency in circulation on a particular day
(2) Total value of the foreign exchange on a particular day
(3) Total value of export credit on a given date
(4) Total value of the tax collected in a year
(5) None of these
30. As per news in various newspapers, Government has allocated a huge sum of Rs. 31,000 crore for ‘RTE’. What is full form of RTE ?
(1) Right to Education
(2) Reforms in Technical Education
(3) Return to Empowerment
(4) Right to Empowerment
(5) Renewable Technology for Energy
31. Which of the following is not a major function of the RBI in India ?
(1) Issuance of currency notes
(2) To facilitate external trade and payment and developing a foreign exchange market in India
(3) Maintaining price stability and ensuring adequate flow of credit to productive sectors
(4) Taking loans/credit from World Bank/IMF and ADB etc. and reallocating it for various activities decided by the Government of India
(5) Formulation and monitoring the monetary and credit policy
32. The RBI has regional offices at various places. At which of the following places it does not have an office ?
(1) Kota
(2) Shimla
(3) Lucknow
(4) Panaji
(5) Guwahati
33. Which of the following organisations/agencies has given a US, $ 407 billion loan to India to boost up its micro finance services in unbanked areas ?
(1) IMF
(2) World Bank
(3) Bank of Japan
(4) ADB
(5) Jointly by IMF and ADB
34. The Prime Minister’s Economic Advisory Council (PMEAC) has projected that the Indian Exports will grow by what percentage during 2010-11 ?
(1) 15%
(2) 18%
(3) 22%
(4) 24%
(5) 28%
35. Which of the following organisations/agencies has given the estimate that India will be third largest FDI recipient in 2010-12 ?
(1) UNCTAD
(2) WTO
(3) World Bank
(4) IMF
(5) None of these
36. The performance of which of the following industries is considered performance of a core industry ?
(1) Garments
(2) Leather
(3) IT
(4) Oil and Petroleum
(5) Handicrafts
37. Who amongst the following is not a recipient of Nobel Prize in economics ?
(1) Peter A. Diamond
(2) Dale T. Mortensen
(3) Amartya Sen
(4) Paul Krugman
(5) Robert G. Edwards
38. Basel Committee has given its recommendations on which of the following aspects of banking operations ?
(1) Marketing of bank products
(2) Priority sector lending
(3) Risk Management
(4) Micro financing
(5) All of these
39. Which of the following is the rank of India in Human Development Report 2010 prepared by the UNO ?
(1) 99
(2) 100
(3) 115
(4) 119
(5) None of these
40. Which of the following was/were the key objectives of the RBI’s review of Monetary and Credit Policy 2010-11 which was reviewed again on 2nd November 2010 ?
(A) To sustain the anti-inflationary thrust.
(B) To maintain an interest rate regime consistent with price.
(C) To provide e^rtra tax incentives to exporters who were in stress due to market fluctuations.
(1) Only (A)
(2) Only (B)
(3) Only (A) & (B)
(4) All (A), (B) & (C)
(5) None of these
41. PUGS is the group of nations falling under
(1) Euro zone
(2) Asia Pacific
(3) SAARC
(4) NATO
(5) Commonwealth
42. Which of the following is / are the preconditions, the IMF has put to provide bail out package to Ireland ?
(A) It should gradually lower down unemployment benefits.
(B) It should bring down the minimum wages in order to boost employment.
(C) It should import some of the crucial commodities from non euro countries as an immediate measure to improve shortage of the same.
(1) Only (A) & (B)
(2) Only (B) & (C)
(3) Only (A) & (C)
(4) Only (A)
(5) All (A), (B) & (C)
43. India is self sufficient in production of which of the following commodities ?
(1) Edible oil
(2) Milk
(3) Pulses
(4) Natural gas
(5) All of these
44. Which of the following is used as a fuel in Nuclear power stations in India ?
(1) Thorium
(2) Copper
(3) Tin
(4) Cromium
(5) All of these
45. Which of the following States has taken up the job of improving Dams with the help of the World Bank’s Dam Rehabilitation and Improvement project ?
(1) Kerala
(2) Gujarat
(3) Tamil Nadu
(4) Uttar Pradesh
(5) Guwahati
46. Nitish Kumar-led National Democratic Alliance won how many seats in recendy held assembly elections in Bihar ?
(1) 150
(2) 243
(3) 200
(4) 206
(5) None of these
47. Who amongst the following is the author of the book “Development as Freedom”?
(1) M. S. Swaminathan
(2) C. Rangarajan
(3) Manmohan Singh
(4) Y.V. Reddy
(5) Amartya Sen
48. Which of the following terms is used in Finance and Banking ?
(1) Line of Sight
(2) Scattering Loss
(3) Revenue
(4) Oscillation
(5) Shielding
49. Who amongst the following is a famous economist ?
(1) Richard Dawkins
(2) Alan Greenspan
(3) Vernon Heywood
(4) Olivar Sachs
(5) Stephen Hawking
50. Who amongst the following has never held post of the Governor of the RBI
(1) C. Rangarajan
(2) L. K. Jha
(3) Manmohan Singh
(4) Bimal Jalan
(5) Usha Thorat

ANSWERS:

1. [4]	6. [5]	11. [5]	16. [1]	21. [3]	26. [4]	31. [4]	36. [4]	41. [1]	46. [4]
2. [3]	7. [5]	12. [4]	17. [1]	22. [2]	27. [5]	32. [1]	37. [1]	42. [5]	47. [5]
3. [4]	8. [5]	13. [3]	18. [4]	23. [2]	28. [5]	33. [2]	38. [3]	43. [1]	48. [3]
4. [3]	9. [2]	14. [4]	19. [5]	24. [1]	29. [1]	34. [3]	39. [4]	44. [1]	49. [2]
5. [4]	10. [1]	15. [5]	20. [2]	25. [2]	30. [1]	35. [1]	40. [3]	45. [1]	50. [5]

GENERAL AWARENESS PRACTICE QUESTIONS

1. Which of the following are the measures of Integrated Slum Development Programme adopted in India in the 11 Five Year Plan?
1. Creating and updating database on slums.
2. Using land as a resources for housing and shelter development for slum dwellers.
3. Asking slum dwellers to apply for house loan from government.
4. Granting tenure security to slum dwellers.
Select the correct answer using the code given below
(a)1,2 and 3
(b)1 and 2
(c)2 and 4
(d)1,2 and 4
Ans. (d)

2. Demographic divide refers to a rise in population
(a) between the age group of I to 14 years
(b) between the age group of 15 to 64 years
(c) between the age group of 65 to 74 years
(d) above 74 years
Ans. (b)

3. The total public sector outlay in the Eleventh Five Year Plan (Central, State and Union Territories) is estimated at about:
(a)Rs. 30 lakh crore
(b) Rs. 36 lakh crore
(c)Rs. 40 lakh crore
(d) Rs. 46 lakh crore
Ans. (b)

4. Which one of the following is the prescribed investment limit for medium enterprises in the manufacturing sector as per the Micro,Small and Medium Enterprises Development Act, 2006?
(a) More than Rs. 10 lakh and less than Rs. 2 crore
(b) More than Rs. 2 crore and less than Rs. 5 crore
(c) More than Rs. 5 crore and less than Rs. 10 crore
(d) More than Rs. 10 crore
Ans. (d)

5. Which one of the following statements regarding Aam Admi Bima Yojana (AABY) is not correct?
(a) It was launched in the year 2007
(b) The contribution of the Central Government and State Governments in the premium is in the ratio of 75 : 25
(c) The scheme is applicable to rural landless households
(d) It provides insurance against natural death as well as accidental death
Ans. (b)

6. Balance on capital account refers to the
(a) nation’s net exports of goods, and services
(b) nation’s net exports of financial claims
(c) nation’s net exports of international official reserve assets
(d) nation’s sum of net exports of goods, services and financial claims
Ans. (a)

7.With which one of the following does the Prebisch-Singer hypothesis deal?
(a) Terms of trade of less developed countries
(b) Terms of trade of developed countries
(c) Balance of payments of less developed countries
(d) Balance of payments of developed countries
Ans. (c)

8. The effect of trade with different production possibilities curves and identical indifference curves is to make a country.
(a) more specialized in consumption and less specialized in production
(b) more specialized in production and less specialized in consumption
(c) less specialized both in consumption and in production
(d) more specialized both in consumption and in production
Ans.(d)

9. consider the following statements:
When factor intensity reversal occurs
1. Heckscher-Ohlin trade model fads.
2. factor price equalization theorem fails.
3. elasticity of substitution of one factor for the other is much higher in the production of a commodity.
Which of the statements given above is/are correct?
(a)1 only
(b) 2 only
(c)1 and3
(d) 1,2 and 3
Ans. (d)

10. Under which one of the following conditions is the gain from international trade maximised?
(a) Marginal rate of transformation (MRT) in production is equal to the marginal rate of substitution (MRS) in consumption
(b) MRT in production is greater than MRS in consumption
(c) MRT in production is less than MRS in consumption
(d) MRT in production and MRS in consumption are equal to international price ratio
Ans. (a)

11. The Lorenz curve shows the relationship between
(a) asset creation and income generation
(b) population groups and their respective income shares
(c) unemployment and inflation
(d) wages, labour hours and leisure
Ans. (b)

12. Which of the following are the characteristics of the Traditional Society in Rostow’s Stage theory?
1. Limited production function.
2. No government intervention.
3. Pre-Newtonian science and technology.
4. Dominance of agricultural activity.
Select the correct answer using the code given below
(a) 1,2and4
(b) 1,2and3
(c) 1,3and4
(d) 2,3 ánd4
Ans. (c)

13. Which one of the following is the difference between value at
market prices and value at factor cost for a national aggregate?
(a) Value of consumption of fixed capital
(b) Value of indirect taxes net of subsidies
(c) Value of net factor income earned abroad
(d) Value of subsidies net of indirect taxes
Ans. (b)

14. Marshall-Lerner condition states that the foreign exchange market would be stable if the sum of the price elasticities of the demand for imports and the demand for exports is:
(a)greater than one
(b) less than one
(c)equal to one
(d) equal to zero
Ans. (c)

15. According to Life Cycle Hypothesis, consumption is related to which one of the following?
(a) Current income
(b) Past peak level income
(c) Life time expected income
(d) Price expectations over one’s life time
Ans. (c)

16. Keynes states that the aggregate demand function is:
(a) an increasing function of the level of employment
(b) a decreasing function of the level of employment
(c) a constant function of the level of employment
(d) not related to the level of employment
Ans. (a)

17. Which of the following are the limitations of national income estimation in India?
1. Output of non-monetized sector. -
2. Non availability of data about income of small producers or household enterprises.
3. Unreported legal income.
4. Inflation.
Select the correct answer using the code given below
(a) 1,2,3and4
(b) 1,2and3
(c) 2 and 3
(d) 1 and 4
Ans. (b)

18. Which one of The following is shown by the Phillips Curve?
(a) Inverse relationship between real and nominal wages
(b) Inverse relationship between the rate of inflation and rate of unemployment
(c) Positive relationship between nominal wages and the rate of employment -
(d) Positive relationship between rate of inflation and nominal wages
Ans. (b)

19. If a producer pays the price for each of the inputs that it uses, equal to its value of marginal product, then which one of the following does it earn?
(a) Positive supernormal profit
(b) Zero supernormal profit
(c) Negative supernormal profit
(d) Monopoly profit
Ans. (b)

20. The costs of factors of production, supplied by the entrepreneur himself are known as
(a) implicit costs
(b) explicit costs
(c) fixed costs
(d) variable costs
Ans. (b)

21.Which one of the following taxes/cess is levied by States in India?
(a) Tax on motor vehicles
(c) Educational cess
(b) Tax on hotels
(d) Tax on wealth
Ans. (a)

22. Which one of the following is capital receipt in government budget?
(a) Interest receipts o loans given by the Government to other parties
(b) Dividends and profits from public sector undertakings
(c) Borrowing of the Government from public
(d) Property tax receipts
Ans. (a)

23. Which of the following are the characteristics of progressive tax?
I. Marginal tax rate should be increasing.
2. Marginal tax rate should be more than average tax rate.
3. Gini coefficient for the post-tax distribution of income should be less than that of pre-tax distribution.
4. Tax amount should be lump sum in nature.
Select the correct answer using the code given below
(a) 1,2,3and4
(b) 1,2and3
(c) 1 and 4
(d)2 and 3
Ans. (a)

24. Consider the following statements regarding argument for free trade:
1. Free trade leads to maximization of output, income and employment.
2. Free trade prevents monopoly.
3. Free trade protects domestic industries.
Which of the statements given above is/are correct?
(a) 1 only
(b) 1 and 2
(c) 2and3
(d) 1,2and 3
Ans. (b)

GENERAL AWARENESS PRACTICE MCQs

1. Which of the following is one of the major functions of the RBI ?
(A) Maintain India Investment Fund created by the Govt. of India
(B) Act as custodian of the foreign exchange reserves of the country
(C) Appoint (CEOs) of the foreign banks in India
(D) Appoint Finance Secretary to the Govt. of India
(E) Decide exchange rates of currencies like Yen, Yuan and Dollars
Ans : (B)

2. Who among the following is a regulator of financial/banking institutes / organizations in India ?
(A) Indian Bureau of Standards, (B) Life Insurance Corporation of India (LIC)
(C) Central Bureau of Investigation, (D) Institute of Chartered Accountants of India
(E) Reserve Bank of India (RBI)
Ans : (E)


3. Who among the following is the Union Minister of Commerce, Industry and Textiles at present in India ?
(A) Sri Anand Sharma, (B) Dr. Farooq Abdullah, (C) Sri Ghulam Nabi Azad
(D) Sri Kapil Sibbal, (E) None of these
Ans : (A)

4. Which of the following terms is used in the field of Banking / Finance ?
(A) Reflex Action, (B) RH Factor, (C) Active Asset, (D) Amendment, (E) Statement of Fact
Ans : (C)

5. Which of the following is the period of the 12th Five Year Plan of India ?
(A) 2011–16 , (B) 2010–15, (C) 2012–17, (D) 2013–18, (E) 2009–14
Ans : (C)


6. Which of the following books is written by Arundhati Roy ?
(A) India Wins Freedom, (B) The God of Small Things, (C) A Himalayan Love Story
(D) A Bend in the River, (E) Adversary in the House
Ans : (B)

7. What does the letter ‘R’ denote in the term ‘RTGS’ as used in the field of banking ?
(A) Real , (B) Reasonable, (C) Rotation, (D) Rate, (E) Repo
Ans : (A)

8. Bertrand Tavernier who was honoured by Life Time Achievement Award in 42nd International Film Festival of India in November 2011 is a citizen of—
(A) India , (B) U.S.A., (C) Germany, (D) France, (E) Britain
Ans : (D)

9. Which of the following terms is used in the game of Cricket ?
(A) Love , (B) Knock-out, (C) Deuce, (D) Silly Point, (E) Dribble
Ans : (D)

10. Which of the following is the sensitive index of National Stock Exchange ?
(A) Nifty , (B) Sensex, (C) MCX, (D) CNX, (E) ETF
Ans : (B)

11. Who among the following is the Chief Minister of Rajasthan at present ?
(A) Sri Mukul Vasnik, (B) Sri Kamal Nath, (C) Sri Ashok Gehlot, (D) Sri Ashok Chandra Meena
(E) None of these
Ans : (C)

12. Novelist Julian Barnes who won Man Booker Prize for his book recently is a citizen of—
(A) France , (B) Australia, (C) U. S. A., (D) Britain, (E) Germany
Ans : (D)

13. Muammar Gaddafi who died recently was a political leader of—
(A) Egypt , (B) Syria, (C) Kenya, (D) Turkey, (E) Libya
Ans : (E)

14. Steve Jobs was associated with which of the following fields ?
(A) Computers , (B) Sports, (C) Films, (D) Politics, (E) Literature
Ans : (A)

15. Nobel Prizes, which were announced recently, are not given in the field of—
(A) Physics, (B) Chemistry, (C) Medicine, (D) Economics, (E) Civil Administration
Ans : (E)

16. The 51st National Open Athletics Championship was held in September 2011 in—
(A) Hyderabad , (B) Mumbai, (C) Delhi, (D) Kolkata, (E) Ranchi
Ans : (D)

17. Which of the following is grown in Maharashtra in abundance ?
(A) Black Pepper , (B) Tea, (C) Jute, (D) Cotton, (E) Rubber
Ans : (D)

18. Govt. of India has made a special agreement with U.S.A. to develop which of the following modes of power generation in India ?
(A) Hydro power, (B) Thermal power, (C) Wind power, (D) Nuclear power, (E) All of these
Ans : (D)

19. Which of the following is a programme to develop Health Services in Rural India ?
(A) NHDP , (B) JNNORM, (C) ASHA, (D) MGNREGA, (E) RAY
Ans : (C)

20. Head Office of which of the following banks is in Delhi ?
(A) Punjab National Bank, (B) Bank of India, (C) UCO Bank, (D) Corporation Bank, (E) None
Ans : (A)

21. The Cattle Mela takes place in which of the following cities in Rajasthan ?
(A) Jodhpur , (B) Bharatpur, (C) Bikaner, (D) Jaipur, (E) Pushkar
Ans : (B)

22. Which of the following is the biggest stock exchange of India where maximum number of transactions take place every day ?
(A) Delhi , (B) Ahmedabad, (C) Mumbai, (D) Bengaluru, (E) Kolkata
Ans : (C)

23. The Atomic Power Station is located in which of the following places in Karnataka ?
(A) Kaiga , (B) Trombay, (C) Mangalore, (D) Hassan, (E) None of these
Ans : (A)

24. Which of the following is the abbreviated name of the organization working for the welfare of the children ?
(A) CII , (B) BAFTA, (C) CRY, (D) NATO, (E) None of these
Ans : (C)

25. The World Environment Day is observed on which of the following days ?
(A) July 25 , (B) June 5, (C) April 5, (D) December 15, (E) None of these
Ans : (B)

26. Saina Nehwal who was in news recently is associated with the game of—
(A) Football , (B) Badminton, (C) Basket Ball, (D) Hockey, (E) Chess
Ans : (B)

27. Who amongst the following is a member of SAARC ?
(A) Indonesia , (B) Pakistan, (C) Kuwait, (D) Iraq, (E) Fiji
Ans : (B)

28. Who amongst the following is the author of the book Diamond Dust and Other Stories ?
(A) Amrita Pritam, (B) Mulkraj Anand, (C) Anita Desai, (D) Chetan Bhagat, (E) Khushwant Singh
Ans : (C)

29. ‘Subrato Cup’ is associated with the game of—
(A) Cricket , (B) Badminton, (C) Hockey, (D) Football, (E) None of these
Ans : (D)

30. Which of the following instruments is normally used by the medical professionals ?
(A) Stroboscope, (B) Stethoscope, (C) Photometer, (D) Thermoscope, (E) None of these
Ans : (B)

31. Polio is caused by a—
(A) Fungus , (B) Bacteria, (C) Virus, (D) Either (A) or (B), (E) None of these
Ans : (C)

32. Pulitzer Prize is given for contribution in the field of—
(A) Literature , (B) Sports, (C) Politics, (D) Cinema, (E) None of these
Ans : (A)

33. ‘Taka’ is the monetary unit of—
(A) Saudi Arabia, (B) Iraq, (C) Kuwait, (D) Afghanistan, (E) Bangladesh
Ans : (E)

34. Who among the following is the Vice President of India at present ?
(A) Ms. Meira Kumar, (B) Smt. Sonia Gandhi, (C) Mr. M. Hamid Ansari, (D) Sri Rajiv Shukla, (E) None
Ans : (C)

35. Which is the name of a country ?
(A) Lira , (B) Euro, (C) Peso, (D) Botswana, (E) Londo
Ans : (D)

36. Which of the following terms is used in the field of Physics ?
(A) Quarrying , (B) Herbal, (C) Halite, (D) Radiation, (E) Fern
Ans : (D)

37. Which of the following is the Capital of Vietnam ?
(A) Jakarta , (B) Manila, (C) Hanoi, (D) Prague, (E) Suva
Ans : (C)

38. Economy of which of the following countries is passing through a crisis and the Govt. is seeking help of European Union countries to stabilize the same ?
(A) Greece , (B) Russia, (C) China, (D) Japan, (E) Canada
Ans : (A)

39. Which of the following is not a metal ?
(A) Gold , (B) Silver, (C) Zinc, (D) Copper, (E) Sulphur
Ans : (E)

40. Who among the following is the President of Italy at present ?
(A) Michael D. Higgins, (B) Giorgio Napolitano, (C) Mario Monti, (D) Joe Biden, (E) None
Ans : (B)

41. ‘Manhattan’ is a town/city in—
(A) United Kingdom, (B) Canada, (C) Australia, (D) Japan, (E) U.S.A.
Ans : (E)

42. Term ‘Insider Trading’ is associated with—
(A) Stock markets, (B) Defence services, (C) Parliamentary procedures, (D) Book publishing business, (E) Sports
Ans : (A)

43. Which of the following agencies/bodies controls Football matches at international levels ?
(A) FIFA , (B) BCCI, (C) ATP, (D) MCC, (E) FEDAI
Ans : (A)

44. Which of the following Awards is given to a Sportsperson for his/her excellent performance ?
(A) Kalidas Sanman, (B) Arjuna Award, (C) Dadasaheb Phalke Award, (D) Saraswati Puraskar
(E) Dronacharya Award
Ans : (B)

45. Who amongst the following was the captain of the Indian team which won ICC Cricket World Cup ?
(A) Virender Sehwag, (B) Yuvraj Singh, (C) Sachin Tendulkar, (D) Yusuf Pathan, (E) None of these
Ans : (E)

46. Which of the following films is directed by Karan Johar for which he got Filmfare Award for Best Director 2011 ?
(A) Rockstar, (B) Ra-One, (C) Dhobi Ghat, (D) Chalo Dilli, (E) My Name is Khan
Ans : (E)

47. Who amongst the following is a famous Lawn Tennis player and has represented India in many Sports events ?
(A) Anjali Bhagwat, (B) Sunita Rani, (C) Mayookha Johny, (D) Anju Bobby George, (E) Sania Mirza
Ans : (E)

48. Which of the following is not an anti poverty scheme launched by the Govt. of India ?
(A) Bharat Nirman, (B) MG National Rural Employment Guarantee Act
(C) Annapurna Yojana, (D) Antyodaya Yojana, (E) Swarnajayanti Gram Swarojgar Yojana
Ans : (C)

49. Who amongst the following is a famous Author ?
(A) Roger Federer, (B) Kiran Desai, (C) Ms. Meira Kumar, (D) Mrs. Sonia Gandhi, (E) Neha Dhupia
Ans : (B)

50. What is the full form of ‘IMF’ ?
(A) Indian Money Fund, (B) International Monetary Fund
(C) International Money Forum, (D) Institute of Money and Finance
(E) Indian Monetary Fund
Ans : (B)

IBPS General Awareness & Computer Knowledge Practice Questions

1. Which of the following statement (s) reflects India’s stand on new World Trade Organization’s proposal on the issue of the subsidy to agro products ?

(1) India would protect the interest of its poor farmers who can not bear the burden of the cost of the products if they have to sell them on cheaper rate.

(2) Indian industry needs more flexibility as compared to the industry in developed countries.

(3) WTO has set up a new committee under the chairmanship of Putin of Russia to look into the issue of subsidy and find out a solution to the problem acceptable to all the parties.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 2

(E) None of these

ANS: (A)

2. Which of the following statement (s) is / are true about the 11th five year plan of India ?

(1) The highest priority is given to exports ,education and development of steel sector.

(2) The plan aims at achieving the growth at 10 % level by the end of the plan.

(3) The Rashtriya Krishi Vikas Yojana is revived in such a way so that it can be achieve a growth no. of 4 % for agriculture sector.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 2

(E) None of these

ANS: (D)

3. As per the figures released recently the Stock markets in emerging economies made handsome returns last year (2007-08). Which of the following stock markets amongst the BRIC nations registered highest increased (97 %) compared to its performance in 2006-07 ?

(A) China

(B) Brazil

(C) Russia

(D) India

(E) None of these

ANS: (D)

4. Bayana which was in news recently is a place in -

(A) Uttar Pradesh

(B) Madhya Pradesh

(C) Bihar

(D) Haryana

(E) Rajasthan

ANS: (E)

5. Which of the following statement (s) is / are correct about the Indo-Russia Bilateral Defense Ties ?

(1) Both the countries have decided to produce a fifth generation fighter aircraft and a multi role cargo plane.

(2) India has agreed to launch Russian missiles from its base at Chandipur incase some other nation attacks on Russia

(3) India and Russia were able to sort out differences over the utilization of Rupee debt fund which is of Rs. 8000 Crore at present.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 3 only

(E) None of these

ANS: (A)

6. India has recently decided to put a wire fence on the 76 km. long border in Dhudri district in Assam. The fence will separate India from –

(A) Nepal

(B) China

(C) Bangladesh

(D) Myanmar

(E) Pakistan

ANS: (C)

7. As we all know the Govt. of India is very keen about providing banking service to the people in rural and remote areas . However , banks feel that the cost of providing services in these areas for financial inclusion is quite high if services are offered through the “traditional branch channel “. What is / are the other alternative cost effective channel (s) to fulfill this aim of the Govt. of India ?

(1) Putting biometric ATMs.

(2) Introduce mobile banking.

(3) Issue credit or debit cards

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1,2 & 3

(E) None of these

ANS: (B)

8. The Govt. of India recently issued a notification altering constituencies in 24 States and Union territories. This is done as per the provision of which of the following Acts?

(A) Delimitation Act

(B) Census Act

(C) Parliament Act

(D) State Reorganization Act

(E) None of these

ANS: (A)

9. As we read very frequently in the newspaper fraudulent activities in financial world is still continuing despite various efforts made by various countries to prevent them. As an estimate by IMF, what is the probable amount derived from such illegal activities which is laundered through the world’s formal financial systems every year? About –

(A) US$ 500 billion

(B) US$ 800 billion

(C) US$ 1000 billion

(D) US$ 1250 billion

(E) US$ 1500 billion

ANS: (D)

10. Indian Prime Minister during his visit the Arunachal Pradesh a few months back asserted that the State is India’s Land of Rising Sun. Which of the following countries did not like his statement and had raised some objection over his visit to Arunachal Pradesh which is very much a part of India?

(A) Myanmar

(B) China

(C) Bangladesh

(D) Bhutan

(E) Nepal

ANS: (B)

11. Which of the following is the amount of insurance cover provided to the workers of the unorganized sector under Rashtriya Swasthya Bima Yojana?

(A) Rs. 10,000/-

(B) Rs. 20,000/-

(C) Rs. 30,000/-

(D) Rs. 40,000/-

(E) Rs. 50,000/-

ANS: (C)

12. Which of the following is NOT one of the highlights Economic Survey presented in the Lok Sabha for the year 2007-08?

(A) Economy has “moved to higher growth phase”

(B) A trend of acceleration in domestic investment and saving rate is recorded.

(C) Buoyant growth in Govt. revenue.

(D) Indian Economy at market rate of exchange crossed 1 trillion US$ in current fiscal.

(E) Net Foreign direct Investment increased by 350 % .

ANS: (E)

13. Which of the following is / are correct about sub prime crisis which was in news recently?

(1) It has reduced the flow of capital coming of Indian Stock Markets.

(2) The sub prime crisis is the major financial crisis whose origin is in the Russia and Brazil. It has adversely affected the economy of Europe and USA.

(3) The crisis started when some people started trading with false Share certificates of major blue chip US companies in the stock markets.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 2

(E) None of these

ANS: (E)

14. The Prime Minister Gram Sadak Yojana (PMGSY) has a target to connect all habitations of which of the following levels with all weather roads by 2008-09?

(A) 1000+

(B) 2000+

(C) 3000+

(D) 4000+

(E) None of these

ANS: (A)

15. As we all know the value of the Indian rupee has appreciated in the recent past . The value of the Rupee is direct dependent on which of the following?

(A) Availability of commodities in the market.

(B) VAT introduced by the Govt. on various commodities.

(C) Size of total Forex Reserve of India currently.

(D) Capital flow in the market during a given period of time.

(E) None of these

ANS: (A)

16. Which of the following banks has taken over the Centurion Bank of Punjab?

(A) ICICI Bank

(B) IDBI Bank

(C) HDFC Bank

(D) AXIS Bank

(E) None of these

ANS: (C)

17. As per provision made in Bharat Nirman programme the pace of creation of irrigation facilities is required to be raised from present level of 1.42 million hectare per year in such a way so that it can achieve the target level fixed for the same?

(A) 1.50 million hectares / year

(B) 1.75 million hectares / year

(C) 2.00 million hectares / year

(D) 2.25 million hectares / year

(E) 2.50 million hectares / year

ANS: (D)

18. Inflation has become major area of concern in India these days. What measures do the Govt. pf India / RBI normally take to control the same?

(1) Fixation of Maximum Price of the Commodities

(2) System of Dual prices.

(3) Increased in supply of food grains.

(4) Control on credit and liquidity in market.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 2,3 & 4

(E) All 1,2,3 & 4

ANS: (D)

19. How much education cess is being levied on all the taxes to support elementary education for the children of age group of 6-14 years under Sarva Shiksha Abhiyan (SSA)?

(A) 0.50%

(B) 0.75%

(C) 1.00%

(D) 1.5O%

(E) 2.00%

ANS: (E)

20. Which of the following is / are correct about various concessions given in the Union Budget for 2008-09?

(1) Five years tax holidays for setting up hospitals in Tier II & Tier III regions for providing health care in rural areas.

(2) Commodities tax transaction to be introduced.

(3) Banking cash transaction tax withdrawn.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 2 & 3

(E) All 1,2 & 3

ANS: (E)

21. Which of the following statements reflects the aim (s) Jawaharlal Nehru National Urban Renewal Mission (JNNURM)?

(1) Give focused attention to integrated development of infrastructure in selected cities.

(2) Provide basic services to the urban poor

(3) Scale up civic amenities and provision of utilities in urban areas.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1,2 & 3

(E) None of these

ANS: (D)

22. The Press Freedom Day is observed on which of the following days?

(A) 1st May

(B) 1st June

(C) 3rd May

(D) 3rd June

(E) 10th June

ANS: (C)

23. As per the decision taken by the Govt. of India now the National Rural Employment Guarantee Act is extended to all the districts of India. This means it will now be applicable to about-

(A) 200 districts

(B) 300 districts

(C) 400 districts

(D) 500 districts

(E) 600 districts

ANS: (E)

24. As per the reports published by the Ministry of Finance recently the overseas borrowings by the Corporates and currency fluctuation has gone up by which of the following percentage points? About -

(A) 1%

(B) 2%

(C) 3%

(D) 4%

(E) 5%

ANS: (C)

25. The Govt. of India and Reserve Bank of India is planning to set up an autonomous “ATM corporation of India” in which various banks can get together for common ATM operations. If this happens how will we all be benefited by the same?

(1) It will be a cost effective measure as each bank can share its operational cost with others.

(2) Clients can withdrawn money from any ATM from any location. They are not required to go to their banks’ ATM only.

(3) It will indirectly help the IT business also as India has a large pool of IT skilled manpower waiting for suitable placement.

(A) Only 1

(B) Only 2

(C) Both 1 & 2

(D) All 1,2 & 3

(E) None of these

ANS: (C)

26. As per the news published in various newspapers the Govt. of India has decided to create a Strategic Reserve of –

(A) Oil & Petroleum

(B) Rasoi Gas

(C) Food grains

(D) Cement & Steel

(E) None of these

ANS: (C)

27. The Govt. of India had constituted a high level committee on financial sector reforms with Raghuram G. Rajan as its Chairman. Which of the following is / are the recommendations of the committee?

(1) Liberalize the interest rate that banks/institution can charge to ensure credit for poors.

(2) Create an office of the Ombudsman exclusively for financial sector.

(3) Do not allow foreign investors in domestic stock markets.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 2

(E) None of these

ANS: (E)

28. Yves Leterme has taken over as the prime minister of -

(A) New Zealand

(B) Belgium

(C) Croatia

(D) Portugal

(E) None of these

ANS: (E)

29. The State Bank of India recently opened its 10000th branch in Puduvayal (Tamil Nadu). Only a bank in China has more branches than State Bank of India in the world. What is the name of that Chinese bank?

(A) Shanghai Commercial Bank

(B) Bank of China

(C) China Banking Corporation

(D) Industrial and Commercial Bank of China

(E) None of these

ANS: (D)

30. Many a times we read about ‘Globalization’ and its impact on business practice in India. Which of the following is NOT one of the important parameters of ‘Globalization’?

(1) Reduction of trade barriers to permit free flow of goods and services amongst various nations.

(2) Developing an environment in which free flow of capital can take place.

(3) Promoting local industry to cater to the needs of the consumers in Tier II and Tier III cities. The production from metros should be reserved only for exports.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1,2 & 3

(E) Both 2 & 3

ANS: (D)

31. Many times we read a term CBS used in banking operation. What is the full form of the letter ‘C’ in the term ‘CBS’?

(A) Core

(B) Credit

(C) Continuous

(D) Complete

(E) None of these

ANS: (A)

32. As per news published in newspapers the Oil & Natural Gas Commission (ONGC) has purchased some oil assets in Latin American Countries along with one other major company of India . What is the name of that company?

(A) Hindustan Petroleum Corporation

(B) Indian Oil Corporation

(C) Reliance Industries Ltd.

(D) National Mineral Development Corporation of India

(E) None of these

ANS: (E)

33. India’s First centre to monitor climate change was opened recently at -

(A) New Delhi

(B) Chennai

(C) Jaipur

(D) Bangalore

(E) Kolkata

ANS: (B)

34. Which of the following Acts was framed specially to deal more effectively with the problem of Non-Performing Assets in banking system?

(A) SARFAESI ACT.

(B) Banking Regulation Act.

(C) Foreign Exchange Management Act.

(D) Industrial Dispute Act.

(E) None of these

ANS: (A)

35. The —- shows all the websites and pages that you have visited over a period of time.

(A) status bar

(B) task bar

(C) history list

(D) tool bar

(E) None of these

ANS: (C)

36. A proxy server is used for which of the following?

(A) To provide security against unauthorized users

(B) To process client requests for web pages

(C) To process client requests for database access

(D) To provide TCP/IP

(E) None of these

ANS: (A)

37. 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)

38. In the URL http://ibpsexaminations.blogspot.in/, the portion labeled http is the —

(A) host

(B) domain name

(C) protocol

(D) top-level domain

(E) None of these

ANS: (C)

39. Which of the following organizations has recently given a US$ 600 million loan to Power Grid Corporation of India , a Govt. run organization?

(A) Asian Development Bank

(B) World Bank

(C) International Monetary Fund

(D) Bank of America

(E) None of these

ANS: (B)

40. The ability to easily add additional users means that a network is –

(A) Scalable

(B) dedicated

(C) Decentralized

(D) Secure

(E) None of these

ANS: (A)

41. In a database , a field is a –

(A) label

(B) table of information

(C) group of related records

(D) category of information

(E) None of these

ANS: (C)

42. The number of pixels displayed on a screen is known as the screen–

(A) resolution

(B) colour depth

(C) refresh rate

(D) viewing size

(E) None of these

ANS: (A)

43. Word processing, spreadsheet, and photo-editing are example of –

(A) Application software

(B) System software

(C) Operating system software

(D) Platform software

(E) None of these

ANS: (A)

44. If you wish to extend the length of the network without having the signal degrade, you would use a —

(A) repeater

(B) router

(C) gateway

(D) switch

(E) None of these

ANS: (A)

45. A—- is approximately a million bytes.

(A) Gigabyte

(B) Kilobyte

(C) Megabyte

(D) Terabyte

(E) None of these

ANS: (C)

46. The time it takes a device to locate data and instructions and make them available to CPU is known as –

(A) Clock speed

(B) A processing cycle

(C) CPU speed

(D) Access time

(E) None of these

ANS: (D)

47. ——– controls the way in which the computer system functions and provides a means by which users are interact with the computer.

(A) The platform

(B) The operating system

(C) Application software

(D) The motherboard

(E) None of these

ANS: (B)

48. ——– means that the data contained in a database is accurate and reliable.

(A) Data redundancy

(B) Data integrity

(C) Data reliability

(D) Data consistency

(E) None of these

ANS: (B)

49. A(n) —— is a private corporate network, used exclusively by company employees.

(A) Internet

(B) local area network

(C) peer-to-peer

(D) intranet

(E) None of these

ANS: (B)

50. A characteristic of a file server is which of the following?

(A) Manages file operations and is shared on a network

(B) Manages file operations and is limited to one PC

(C) Acts as fat client and is shared on a network

(D) Acts as fat client and is limited to one PC

(E) None of these

ANS: (A)