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Tuesday, November 22, 2011

Indian Overseas Bank Clerk Exam., 2011



English Language
(Held on 29-5-2011) 


Directions– (Q. 1–15) Read the following passage carefully and answer the questions given below it. Certain words are printed in bold to help you to locate them while answering some of the questions.

Once upon a time, there was a shrewd shopkeeper called Makarand. He had a friend called Mihir, who had saved a lot of money. Mihir was keen on going on a pilgrimage, but he did not know where to leave his precious savings. So he came to Makarand's shop and said, "My friend, I trust you more than anyone. Could you please look after my life's savings till I return from my pilgrimage?" Makarand pretended to be deep in thought, and then said, "I would rather not. Money spoils relationships. What if something happens to your money while you are away? You will no longer be my friend.’’

As Mihir stood there by his shop thinking about what his friend had just said, an old woman entered the shop and bought some things. One of the boys helping Makarand, gave her less change than he should have. Maka-rand saw this and pretended to scold the boy, he then ordered him to return the remaining money to the woman. Mihir not knowing that this was an act put up by Makarand to make him believe that he was honest, was convinced about his decision and said to Makarand, "I have decided. I will leave the money only with you." Makarand smiled. "Then let us do something. Let's take the bag of coins and bury it in a place that only you and I will know of. That way, even if something happens to me while you are away, you will know where your money is."

Mihir, simple that he was, thought this was a good idea and the two went and hid the bag in a secret place. Mihir left the next day on his pilgrimage, happy his savings were in safe hands. Six months later, Mihir returned. He dumped his luggage at home and went to dig out his bag of savings. But even though he searched and searched for his valuables, there was no sign of the bag anywhere. In panic, he ran to Makarand, who was busy in his shop. When Mihir asked him about the bag, Makarand pretended to be surprised, "But I did not go that way in all these months. Why don't you search for it again ?" he said, putting on his most innocent look. Mihir had no choice but to believe him. Sadly, he went home.

On the way, as luck would have it, he met the old woman he had seen in Makarand's shop. Seeing him sad, she asked him what the matter was. Mihir told her the whole story .Then she smiled and whispered a plan to him. Not long after, the woman came to Makarand's shop, carrying a big box. "Brother, I heard you are a good and honest man. My son went on a pilgrimage many months ago and has still not returned. I am worried and have decided to go and look for him. Will you look after my box of two hundred gold coins while I am away ?"

Makarand could not believe his luck. He was about to launch into his idea about hiding the box, when an angry Mihir entered the shop, 'Where is …………' but before he could complete his sentence; Makarand, afraid of being accused in front of the old woman, said quickly, “I forgot. I had seen some pigs digging around there and had removed the bag just to keep it safe. Here it is.” And he handed Mihir the bag he had stolen many months ago.

Now, the old woman pretended she was seeing Mihir for the first time, "Son, did you also go on a pilgrimage? Could you tell me if you : met my son anywhere ? His name is ; Jahangir." Mihir, clutching onto his precious bag, said, "Yes, Auntie, I met him on the road a few villages r away. He was on his way to home. t He should be here in a week."

The old woman leaned over and took her box away from Makarand. "Thank you, brother, you have saved me an unnecessary trip. Now, I will need some money to prepare for my son's welcome," she added and the two left the shop. Makarand could only stare at them open-mouthed.

1. What incident in the passage convinced Mihir that Makarand was indeed an honest man ?
(a) The incident where he scolded his helper boy for returning less change to the old woman who was a customer in his shop.
(b) The fact that Makarand refused to keep Mihir's money, in the event that it might destroy their friendship.
(c) The incident where Makarand told Mihir that he had kept his bag with him as he saw pigs digging at the very spot where the treasure was buried.
(A) Only (a)
(B) Only (b)
(C) Only (c)
(D) Only (b) and (c)
(E) Only (a) and (c)
Ans : (A)

2. What was Makarand's real intention for wanting to bury Mihir's bag of valuables ?
(A) He wanted Mihir to know where the money would be in case something happened to him while Mihir was away
(B) He did not feel safe keeping Mihir's bag of valuables with him
(C) He wanted to steal the money while Mihir was away
(D) He wanted the pigs to dig out the bag so he could steal it
(E) He wanted to be a part of a far more adventurous plan
Ans : (C)

3. Where did Makarand and Mihir bury the bag of coins ?
(A) In a secret place in Mihir's garden
(B) In the ground under Makarand's shop
(C) In the old woman's backyard
(D) In his shop
(E) Not indicated in the passage
Ans : (E)


4. Which of the following is true with regard to Mihir ?
(A) Mihir accused Makarand of stealing his valuables
(B) Mihir helped the old woman find her son
(C) Mihir left his life's savings with the old woman
(D) Mihir trusted Makarand with his valuables
(E) Mihir strongly believed that keeping others' money spoilt relationships
Ans : (D)

5. Why did Mihir want to keep his life's savings with Makarand ?
(a) Makarand had a locker in his shop.
(b) He trusted his friend Makarand more than anyone else.
(c) He was scared that if he buried his savings, the pigs would dig it out.
(A) Only (a)
(B) Only (b)
(C) Only (c)
(D) Either (b) or (c)
(E) None of these
Ans : (B)

6. Which of the following statements is false according to passage ?
(A) The old woman's son went on the same pilgrimage as Mihir
(B) The old woman helped Mihir recover his savings from Makarand
(C) Makarand was a very shrewd shopkeeper
(D) Mihir had gone away on a pilgrimage
(E) Makarand had stolen Mihir's money
Ans : (A)

7. Why was Mihir sad after returning from the pilgrimage ?
(a) He lost all his valuables while returning from the pilgrimage.
(b) The valuables that he had buried safely had all disappeared. ]
(c) He had spent far too much of his savings on the pilgrimage.
(A) Only (a)
(B) Only (b)
(C) Only (b) and (c)
(D) Only (c)
(E) None of these
Ans : (B)

8. In the end, why did Makarand return Mihir's money ?
(a) He realised that he had done the wrong thing by pretending to be unaware of Mihir's misfortune.
(b) The old woman offered to give him two hundred gold coins if he returned Mihir's money back.
(c) He did not want to be accused of having stolen Mihir's money in front of the old woman.
(A) Only (a)
(B) Only (b)
(C) Only (c)
(D) Only (a) and (c)
(E) All (a), (b) and (c)
Ans : (C)

Directions– (Q. 9–12) Choose the word which is most nearly the SAME in meaning as the word/s printed in bold as used in the passage.

9. Clutching
(A) Releasing
(B) Fixing
(C) Holding
(D) Sticking
(E) Obtaining
Ans : (C)

10. Keen
(A) Eager
(B) Hurried
(C) Planning
(D) Fortunate
(E) Deserving
Ans : (A)

11. Choice
(A) Understanding
(B) Regard
(C) Value
(D) Pick
(E) Option
Ans : (E)

12. Whole
(A) Partial
(B) Some
(C) Entire
(D) Total
(E) Part
Ans : (C)

Directions– (Q. 13–15) Choose the word which is most OPPOSITE in meaning of the word printed in bold as used in the passage.

13. Complete
(A) Partial
(B) Start
(C) Incomplete
(D) End
(E) Finish
Ans : (B)

14. Sadly
(A) Quietly
(B) Dejectedly
(C) Happily
(D) Disturbingly
(E) Lonely
Ans : (C)

15. Forgot
(A) Found
(B) Memorised
(C) Lost
(D) Claimed
(E) Remembered
Ans : (E)

Directions– (Q. 16–20) Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence, The letter of that part is the answer. If there is no error, the answer is (E) i.e. 'No error’. (Ignore the errors of punctuation, if any)

16. The more enlightened (A) / factory owners (B) / build homes for their (C) / workers in Britain in the 19th century. (D) No error (E)
Ans : (A)

17. Most criminals (A) / realises that they may be caught, (B) / but nevertheless (C) / they are prepared to take the risk. (D) No error (E)
Ans : (B)

18. Strictly speaking, (A) / spiders are not insects, (B) / although most people (C) / think them are. (D) No error (E)
Ans : (D)

19. The actress is also (A) / widely respected in (B) / the music world (C) / and deserving so. (D) No error (E)
Ans : (E)

20. The story was (A) / inspired by (B) / a chance meeting (C) / with an old Russian duke. (D) No error (E)
Ans : (C)

Directions– (Q. 21–25) Which of the phrases (A), (B), (C) and (D) given below each sentence should replace the phrase printed in bold in the sentence to make it grammatically correct? If the sentence is correct as it is given and no correction is required, mark (E) as the answer.

21. He is held regard as the Chief's right-hand man.
(A) regards as
(B) to regard as
(C) regarded as
(D) being regarded for
(E) No correction required
Ans : (C)

22. The inquiry has to bring to light some starting facts .
(A) bring light to
(B) brought to the lights
(C) brings to light
(D) brought to light
(E) No correction required
Ans : (D)

23. My friend went his way out to oblige me.
(A) out on his way
(B) out of his way
(C) so out of the way
(D) little way out
(E) No correction required
Ans : (B)

24. They are determined to stand up for their rights.
(A) be standing up
(B) for standing up
(C) stand up to
(D) stand on
(E) No correction required
Ans : (E)

25. Recently my expenses have gone run up considerably.
(A) run up
(B) to rise up
(C) had to run up
(D) got upwards
(E) No correction required
Ans : (A)

Directions– (Q. 26–30) Each question below has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank which best fits the meaning of the sentence as a whole.

26. Rachana saw me…………for a bus, she stopped and …………me a lift.
(A) standing – took
(B) stopped – gave
(C) walking – sat
(D) testing – signalled
(E) waiting – offered
Ans : (E)

27. During winter, we can…………ourselves from the cold by wearing…………clothes.
(A) protect – warm
(B) establish – light
(C) save – good
(D) stop – thick
(E) escape – cotton
Ans : (A)

28. The school refused to…………acts of …………behaviour.
(A) overcome – spoilt
(B) tolerate – violent
(C) overlook – sudden
(D) appreciate – bravery
(E) comment – deserving
Ans : (B)

29. The actor was not …………by public criticism and paid no…………even to the poor reviews in the media.
(A) affected – attention
(B) troubled – mind
(C) effected – regard
(D) bothered – justification
(E) shocked – notices
Ans : (A)

30. The…………words of the teacher comforted the…………student.
(A) harsh – sorrowful
(B) encouraging – anxious
(C) reality – nervous
(D) wise – happy
(E) distracter – confused
Ans : (B)

Directions–(Q. 31–35) In each question below, four words printed in bold are given. These are lettered (A), (B), (C) and (D). One of these words printed in bold may either be wrongly spelt or inappropriate in the context of the sentence. Find out the word that is inappropriate or wrongly spelt, if any. The letter of that word is your answer. If all the words printed in bold are correctly spelt and appropriate in the context of the sentence then mark (E) i.e.' All Correct' as your answer.

31. An overly (A) obsessed (B) mother from Banaras wrote (C) in to tell me of her trajedy. (D) All Correct (E)
Ans : (D)

32. The cat is sitting in front (A) of the television (B) with its tail, stretched (C) out strait. (D) All Correct (E)
Ans : (D)

33. It would (A) be wrong to infer (B) that people who are overweight (C) are always sickly. (D) All Correct (E)
Ans : (D)

34. The witness (A) stated (B) that he had not sean (C) the woman before. (D) All Correct (E)
Ans : (C)

35. Her giggles (A) were infecsious (B) and soon (C) we were all laughing. (D) All Correct (E)
Ans : (B)

Directions– (Q. 36–40) Rearrange the following five sentences (a), (b), (c), (d) and (e) in the proper sequence to form a meaningful paragraph; then answer the questions given below them.
(a) The owner of the house was furious.
(b) After it had gone, a donkey who craved popularity climbed the roof and tried to perform the same tricks.
(c) His servants went up, drove the donkey down, and beat him black and blue.
(d) A monkey climbed the roof of a house and entertained the people who had gathered below to watch him at his antics.
(e) In the process, the donkey dislodged and broke several tiles.

36. Which of the following should be the FIRST sentence after the rearrangement ?
(A) a
(B) b
(C) c
(D) d
(E) e
Ans : (D)

37. Which of the following should be the FIFTH (LAST) sentence after the rearrangement ?
(A) e
(B) d
(C) c
(D) b
(E) a
Ans : (D)

38. Which of the following should be the FOURTH sentence after the rearrangement ?
(A) a
(B) b
(C) c
(D) d
(E) e
Ans : (C)

39. Which of the following should be the SECOND sentence after the rearrangement ?
(A) a
(B) b
(C) c
(D) d
(E) e
Ans : (E)

40. Which of the following should be the THIRD sentence after the rearrangement ?
(A) a
(B) b
(C) c
(D) d
(E) e
Ans : (A)

Directions– (Q. 41–50) In the following passage, there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.

The Emperor of China ...(41)... some peaches to the king of Tondmandalam with a note ...(42)...that the fruit gives long life to anyone who eats them. As the fruits were being shown to the ruler, Raffia, giving in to temptation, ...(43)... up one of the luscious peaches and ...(44)... into it. The king was ...(45) "You've bitten into a fruit ...(46)... for me !" he thundered. "For this you must die !" As Raffia was being taken away by the royal guards he sighed dramatically and exclaimed: "What a deceitful man the Emperor of China is. He ...(47)... the fruit gives long life. I took just one bite and I am about to die. Oh, what fate ...(48)... the one who eats the entire fruit !" The king was ...(49)... amused by Raffia's wit. He not only ...(50)... him but gave him a dozen of the peaches he had risked his life for .

41. (A) parcel
(B) grown
(C) bought
(D) sent
(E) give
Ans : (D)

42. (A) stating
(B) attach
(C) stuck
(D) telling
(E) meaning
Ans : (A)

43. (A) reached
(B) picked
(C) take
(D) secured
(E) stole
Ans : (B)

44. (A) touched
(B) smell
(C) opened
(D) bit
(E) look
Ans : (D)

45. (A) enraged
(B) harsh
(C) teasing
(D) eager
(E) sober
Ans : (A)

46. (A) parcel
(B) made
(C) designed
(D) send
(E) meant
Ans : (E)

47. (A) promises
(B) directed
(C) said
(D) told
(E) meant
Ans : (A)

48. (A) has
(B) holds
(C) awaits
(D) for
(E) stores
Ans : (C)

49. (A) also
(B) farther
(C) being
(D) little
(E) greatly
Ans : (E)

50. (A) rejected
(B) pardoned
(C) praise
(D) left
(E) forgive
Ans : (B)

IBPS CWE GENERAL AWARENESS MODEL PAPER

1.We often come across the term Production Sharing Contract [PS(3)] in financial news these days. PSC refers to sharing of output with the government by companies, public sector as well private ones, in which sector ?
1) Fertiliser  
2) Food processing
3) Telecom  
4) Petroleum
5) None of these

2.What is the meant by recent news reports saying – "Indian Rupee is appreciating"?
I) THe purchasing power of the Rupee in India has declined
II) The exchange rate of Rupee in India has gone up
III) The purchasing power of the Rupee in India has gone up
1) I only  
2) II only
3) II or III only 
4) III only
5) None of these

3.Which state was in news for passing a Bill for regulating Micro Finance Institutions recently?
1) Tamil Nadu  
2) Bihar
3) Karnataka  
4) Andhra Pradesh
5) None of these

4.Which of the following has become the first state to sign a MoU with the Ministry of Statistics and Programme Implementation under the state statistical strengthening project (SSSP) that will aim at building statistical capacity and infrastructure recently ?
1) Uttar Pradesh  
2) Karnataka
3) Kerala  
4) Tamil Nadu
5) None of these

5.The Pension Fund Regulatory and Development Authority (PFRDA) has taken which of the following decisions to popularise the New Pension System (NPS) recently ?
1) It has increased the interest rate on NPS deposits
2) It has allowed premature withdrawals
3) It has increased govt. subsidy for NPS deposit holders
4) It has increased distributors' commission
5) None of these

6.The All India Federation of Horoogical Industries represents the interests of which of the following sectors ?
1) Horticulture  
2) Gems & Jewellery
3) Watch  
4) Pharmaceuticals
5) None of these

7.The Ministry of New and Renewable Energy has decided to ti-up with which country to tap the latter's expertise in exploiting geo-thermal energy resources recently ?
1) South Africa  
2) Iran
3) Iceland  
4) Bolivia
5) None of these

8.Which public sector bank copelted the acquisition JSC Dana Bank of Kazakhstan recently?
1) Dena Bank  
2) Canara Bank
3) PNB  
4) Bank of India
5) None of these

9. GRIHA rating system is used for which of the following ?
1) Cement  
2) NBFCs
3) Buildings  
4) Gold
5) None of these

10.The Genetic Engineering Appraisal Committee (GAC) recently gave its approval for field trials of a genetically modified variety of which of the following cash crops ?
1) Coconut 
2) Pepper
3) Cardamom  
4) Rubber
5) None of these

11.Which of the following statements is/are correct about the distribution of Central financial assistance to states ?
I) Central financial assistance for states is calculated according to the Gadgil Formula
II) The highest weightage is given to the per capita income of the state
III) The lowest weightage is given to the population of the state
1) I only  
2) I and II only
3) II only  
4) I and III only
5) None of these

12.Which of the following public sector companies sells gold coins and silver ornaments under the trademark 'Sanchi'?
1) Rare Earths Ltd  
2) State Trading Corporation (STC)
3) National Mineral Development Corporation (NMDC)
4) Minerals and Metals Trading Corporation (MMTC)
5) None of these

13.Power produced from which of the following sources has the highest share in India's annual power generation capacity ?
1) Hydro  
2) Coal
3) Gas  
4) Nuclear
5) None of these

14.What is the share of private expenditure on health in the total health expenditure in India according to the World Health Report of the World Health Organisation released recently?
1) 12% 
2) 37%
3) 46%  
4) 72%
5) None of these

15.BHAVINI is a public sector company in which sector ?
1) Shipping  
2) Metals trading
3) Space  
4) Nuclear energy
5) None of these

16.Which of the following statements about the Indian Economy in 2050 as per a recent report by Pricewaterhouse Coopers (Pwc) is / are correct ?
I) India's GDP in Market Exchange Rate (MER) terms will be the fourth highest in the world in 2050
II) India's GDP in Purchasing Power Parity (PPP) terms is the second highest in the world in 2050
III) Only China will be ahead of India in both MER and PPP terms in 2050
1) I only  
2) I and II only
3) II only  
4) II and III only
5) None of these

17.Which of the following are not listed on stock exchanges in India ?
1) Fertiliser companies 
2) NBFCs
3) Insurance companies  
4) Airlines
5) None of these

18.What should be the minimum share of solar energy in states' total power purchases by 2022 as per the amendment in power tariff policy recently ?
1) 1%  
2) 2%
3) 3%  
4) 4%
5) None of these

19.Which of the following statements about FDI in retail sector is / are correct ?
I) 100 per cent FDI is permitted in cold chain through the automatic route.
II) Up to 33 per cent FDI is permitted in single brand retail
III) 100 per cent FDI is permitted in wholesale cash and carry
1) I only  
2) I and II only
3) II only  
4) III and I only
5) None of these

20.Which of the following pairs of large banks and their countries of origin is / are correctly matched ?
 I) JPM organ Chase - Britain
II) ING Group - Netherlands
III) Standard Bank - South Africa
1) I only  
2) I and II only
3) II and III only  
4) I, II and III
5) None of these

21.Which of the following statements about exicise duty on cotton and man - made (synthetic) fibres is / are correct ?
I) Man - made (synthetic) fibres attract a higher excise duty than cotton fibres
II) Man-made (synthetic) fibres attract lower excise duty than cotton fibres
III) No excise duty is levied on cotton fibres
1) I only  
2) II only
3) I and III only  
4) III only
5) None of these

22.The Bombay Stock Exchange launched the BSE TASIS Shariah 50  - a stock index that is compliant with Shariah - recently. The Index cannot invest in shares of companies in which of the following sectors ?
I) Banking  
II) Cement & Steel
III) Alcohol & tobacco products
1) I only  
2) I and II only
3) III only  
4) I and III only
5) None of these

23.Which of the following has launched the 'Bank on Bike' initiative to cover villages untouched by banking facilities so far recently ?
1) Bank of India   
2) Bank of Baroda
3) Central Bank of India 
4) SBI
5) None of these

24.Which of the following has decided to enter the nuclear power sector following an agreement with the Nuclear Power Corporation recently ?
1) Tata Power  
2) NHPC
3) Indian Oil  
4) ONGC
5) None of these


25.Which of the following pairs of India's public sector banks and their headquarters are correctly matched ?
I) Punjab National Bank - New Delhi
II) Allahabad bank – Kolkata
III) Bank of India - Mumbai
1) I only  
2) I and II only
3) II and III only  
4) I, II and III
5) None of these

26.The tax on short - term capital inflows is named after which Nobel Laureate in economics ?
1) Gary Becker  
2) james M. Buchanan
3) James Tobin  
4) Myron Scholes
5) None of these

27. The term 'round - tripping' often appears in financial news these days. What does it mena?
1) Importing products that are not easily available in the domestic markes
2) Indian companies re-exporting imported products without any value addtion
3) Brining back illicit money hiddern aborad by Indians under a different name
4) Imposing high customs duty to discourage dumping of goods in Indian market
5) None of these

28.Infant Mortality Rate (IMR) data for high focus states (states where IMR is above national average) is collected once every five years. The Union Health Ministry has now decided to collect such data .......
1) half  yearly  
2) annually
3) once every two years
4) once every three years
5) None of these

29.Which country's gold output of 340.88 tonnes was the highest in the world in 2010 ?
1) Canada  
2) South Africa
3) China  
4) USA
5) None of these

30.Which of the following became the first oil & gas company to find shale gas deposits in India recently ?
1) Reliance Industries Ltd.
2) Cairn India  
3) Essar Oil
4) ONGC  
5) None of these

31.'Anushakti Vidhyut Nigam Ltd' was incorporated as a joint venture between Nuclear Power Corporation of India Ltd and which of the following recently ?
1) NMDC  
2) NHPC
3) BEL  
4) NTPC
5) None of these

32.Which of the following was founded in 1956 by the Government of India with funding from the Ford Foundation ?
1) National Institute of Public FInance and Policy
2) National Institute of Bank Management
3) National Institute of Findnancial Management
4) National Council of Applied Economic Research
5) None of these

33.China emerged as the world's second largest economy in 2010 overtaking ......
1) France  
2) Britain
3) Germany  
4) Japan
5) None of these

34.CARINGS has been launched by Ministry of Womena nd Child Development to :
1) improve gender parity
2) reduce infant mortality
3) improve child immunisation
4) facilitate adoption
5) None of these

35.The Union Cabinet has approved amendments in the Coinage Bill 2009 that seeks to amalgamate four existing Acts relating to coinage recently. Which of the following Acts is the oldest ?
1) The Indian Coinage Act
2) The Small Coins (Offences) Act
3) The Metal Token Act
4) The Bronze Coin (Legal Tender) Act
5) None of these

36.Which of the following is not a hedge fund ?
1) Magellan  
2)  Hibhbridge
3) Gartner  
4) D.E. Shaw
5) None of these

37.Preferred Provder Network (PPN) is a term used n which of the following businesses ?
1) Commodities trading 
2) Retailing
3) Health insurance  
4) Foreign trade
5) None of these

38.Which of the following has introduced a new tool named Data Ware Housing and Business Intelligence System (DWBIS) for speedy analysis of data and identification of violations?
1) IRDA  
2) SEBI
3) RBI  
4) TRAI
5) None of these

39.The government has introduced three new consumer price indices – CPI (Rural), CPI (Urban) & CPI (Combined) – with 2010 as the base year recently. Which of the following is not among the five major commodity groups covered in the indics ?
1) Food, beverages and tobacco
2) Fuel and light
3) Education and schooling
4) Housing
5) None of these

40.Which of the following has launched the 'Everywhere Teller Machine' (ETM) in India ?
1) Stanchart Bank  
2) HDFC Bank
3) SBI  
4) Axis Bank
5) None of these

41.Regional Rural Banks (RRBs) are owned b :
I) Their Sponsor Bank
II) Government of the state where they are located
III) Union government
1) I only  
2) I and II only
3) II and III only  
4) I, II and III
5) None of these

42.'Easy Exit Scheme 2011' floated by the Ministry of Corporate Affairs refers to which of the following ?
1) Privatisation of loss-making public sector companies
2) Removal of names of defunct companies from the Registrar of Companies
3) Closure of loss-making industries after paying off creditors
4) Removal of SEZ status for companies not fulfilling export obligations
5) None of these

43.What is the financial inclusion campaign lacunched by the government to bring banking services to vast unbanked rural areas in the country recently named ?
1) Swawlamban  
2) Swatantra
3) Swadhar  
4) Swabhiman
5) None of these

44.Whch of the following statements about India's population and surface area is  are correct as per the provisional figures of Census 2011 ?
I) India accounts for 2.4 percent of the world surface area
II) India sustains 17.5 percent of the world population
III) Population density has increased between 2001 and 2011
1) I only  
2) I and II only
3) III and I only  
4) I, II and III
5) None of these

45.According to the RBI, branches serving population of ........ and above are classified as Metropolitan branches
1) 5 lakh 
2) 10 lakh
3) 25 lakh  
4) 50 lakh
5) None of these

46.Which state government has announced introduction of 'Vanita Family Card' for below poverty line families that will enable them travel in road transport corporation buses at concessional fares recently ?
1) Karnataka  
2) Tamil Nadu
3) Maharashtra  
4) Andhra Pradesh
5) None of these

47.'French Auction' is a term used in which of the following sectors of financial services ?
1) Banking  
2) Insurance
3) Capital markets  
4) Micro-finance
5) None of these

48.The department of industrial policy and promotion (DPP) is promoting NMIZs to improve the spread of industrilisation in the country. NMIZ refers to which of the following ?
1) New Manufacturing and Investment Zones
2) National Medium Industry Zones
3) National Manufacturing Industry Zones
4) National Manufacturing and Investment Zones
5) None of these

49.Which state / union territory has the lowest literacy rate as per provisional figures of Census 2011 ?
1) Orissa  
2) Mizoram
3) Bihar  
4) Rajasthan
5) None of these

50.The Department of Industrial Poliyc and Promotion announced changes in FDi policy recently. Which of the following statements is / are correct ?
I) Indian companies have been allowe to convert foreign debt into equity
II) Indian companies have been allowed to issue equity to fund imports of machinery and capital goods
III) 51 per cent FDI is currently allowed in multi-branch retail trade
1) I only  
2) I and II only
3) II and III only  
4) III and I only
5) None of these

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

Monday, November 21, 2011

IBPS CLERKS EXAM MODEL PAPER

Reasoning

1. What should come next in the following number series? 9 7 5 3 1 8 6 4 2 9 7 5 3 1 8 6 4 9 7 5 3 8 6 4 9 7 5

(A) 8  

(B) 3   

(C) 6

(D) 4

(E) None of these

Ans: (B)

Directions (Q.2-3) : Study the following arrangement carefully and answer the the questions given below: R $ 5 4 I J M @ P 3 © A Q T 2 W 1 % U V 6 B E N 8 * 7 δ D

2. How many such numbers are there in the above arrangement, each of which is immediately preceded by a letter and not immediately followed by a letter ?

(A) None   

(B) One   

(C) Two

(D) Three   

(E) More than three

Ans: (D)

3. If all the numbers from the above arrangement are dropped, which of the following will be the ninth to the right of J ?

(A) 1   

(B) A   

(C) Q

(D) T   

(E) None of these

Ans: (E)

4. A mountain would necessarily have

(A) some trees   

(B) a valley   

(C) a peak

(D) a steep cliff

(E) snow

Ans: (C)

Directions (Q.5-6) Each of the questions given below is based on the given diagram. You have to take the given diagram to be true even if it seems to be at variance with commonly known facts and then decide which of the five alternatives following each question logically follows from the given diagram. The diagram comprises three circles showing people from three different countries who have travelled to either, both or none of the countries mentioned in the diagram.


5. Which of the following is true about A ?

(A) It represents US citizens who have travelled to Europe but not to India.

(B) It represents Indians who have travelled only to US but not to Europe.

(C) It represents Europeans who have travelled only to US but not to India.

(D) It represents all those Indians who have travelled to Europe as well as to the US.

(E) It represents all those who have travelled both to Europe and to the US but not to India.

Ans: (D)

6. Which of the following represents those Europeans who have travelled only the US but not to India?

(A) Only C   

(B) Only A   

(C) F and C

(D) Only D   

(E) Not illustrated in the diagram

Ans: (E)

7. How many meaningful English words can be formed with the letters BTU using each letter only once in each word ?

(A) None    

(B) One

(C) Two    

(D) Three

(E) More than three

Ans: (C)

Directions-(Q.8-10) In each question below is given a number/ symbol followed by five combinations of letter codes numbred (A), (B), (C), (D) and (E). You have to find out which of the combinations correctly represents the number/symbol based on the following coding system and the conditions and mark the number of that combination as your answer.

Number/Symbol:

5 Ω 2 β 6 9 8 1 @ 7 $ 4 3 O π

Letter Code :

J K P A D C B R S L V F T M E

Conditions :

(i) If both the first and the fifth elements are even numbers, the codes for both these are to be interchanged.

(ii) If the group of numbers contains only one symbol, that symbol is to be coded as the code for the element following it.

(iii) If the third element is an even number and the fourth an odd number, the fourth element is to be coded as the code for the second element.


8. 523Ω69

(A) JPTDDC

(B) JTPDDC

(C) JPDDTC

(D) TPJDDC

(E) JTDDPC

Ans: (A)

9. 436π8@

(A) FTDEBS

(B) BTDEFS

(C) FDTEBS

(D) BTEDFS

(E) BTDFES

Ans: (B)

10. 80π16β

(A) DEMRBA

(B) DMERBA

(C) BMERDA

(D) BMDERA

(E) DREMBA

Ans: (B)


English Language

Directions-(Q.11 to 15) Read the following passage and answer the questions given after it-

Every afternoon, on their way back from school, the children used to go and play in the Giant's garden. It was a large lovely garden, with soft green grass. Over the grass stood beautiful flowers like stars, and there were twelve peach-trees that bore rich fruit. The birds would sit on the trees and sing sweetly to the children playing below. One day the Giant came back. He had been on a long tour and was now determined to return to his own castle. When he arrived he saw the children playing in the garden and was outrageous. "What are you doing here ?" He shouted in a very gruff voice, and the children ran away. "I will not allow anybody to play in my garden but myself" said the Giant. And so, he built a high wall around it, and put up a notice-board that read TRESPASSERS WILL BE PROSECUTED. He was a very selfish Giant. The poor children h&d now, nowhere to play. They tried to play on the road, but the road was very dusty and full of stones, and they did not like it. On their way back from school, they used to wander around the high wall and remember the good times.

Then came spring, and all over the country there were little blossoms and little birds. Only in the garden of the Selfish Giant it was still winter. The birds did not care to sing in it as there were no children and the trees forgot to blossom. The only people who were pleased were the snow and the frost. "Spring has forgotten this garden," they cried, "so we will live here all the year round." I cannot understand why the spring is so late in coming," said the selfish Giant, as he sat at the window and looked out at his cold white garden, "I hope there will be a change in the weather." But the spring never came, nor did the summer. The autumn gave golden fruit to every garden, but to the Giant's garden she gave none. "He was too selfish," she said. So it was always winter there.

One morning the Giant was lying awake in bed when he heard the birds singing. "I believe the spring has come at last," said the Giant, and he jumped out of bed and looked out. He saw the most wonderful sight. Through the little hole in the wall the children had crept in, and they were sitting on the branches of the trees. On every tree there was a child. The birds were flying about and twittering with delight, and the flowers were looking up through the green grass and laughing. It was a lovely scene however, in one corner it was still winter. It was the farthest corner of the garden, and in it was standing a little boy. He was so small that he could not reach the branches of the tree, and he was wandering all around it crying bitterly. The Giant's heart melted as he looked out. "How selfish I have been '" he said, "now I know why spring would not come here. I will put that poor little boy on the top of the tree, and then I will knock down the wall, and my garden shall be the children's play-ground for ever and ever." He was really sorry for what he had done.


11. What did the Giant do to keep the children away from his garden ?

(A) He built a high wall around the garden

(B) He displayed a message on a notice board

(C) He threatened to complain to their parents

(D) Only (A) and (B)

(E) He made it snow all year round

Ans: (D)

12. Why did the autumn trees refuse to bear fruit ?

(A) The snow and the winter took over

(B) The Giant was enjoying the winter in his garden

(C) It was one way of keeping the children away

(D) The Giant refused to change his behaviour

(E) The Giant was selfish

Ans: (A)

13. When did the Giant realize that he was being selfish ?

(A) When the long winters would not end

(B) When he witnessed the spring after the children reentered the garden

(C) When he heard the song of a bird

(D) When he felt he was lonely

(E) When he realized he had no friends to play within the graden

Ans: (B)

14. What incident brought about a change in the Giant's heart ?

(A) The little boy in the corner of the garden

(B) The long unending winter

(C) The change of weather from winter to spring

(D) The blossoming of the trees

(E) The singing of the birds

Ans: (C)

15. What could be an appropriate title for the story ?

(A) The Corner Boy

(B) The Winter Season

(C) The Selfish Giant

(D) The Little Children

(E) The Paradise Garden

Ans: (E)

Directions-(Q.16 to 16) Choose the word/phrase which is most nearly the same in meaning as the word/ phrase printed in bold as used in the passage.

16. Scene


(A) Wish    

(B) Drawing

(C) Fantasy    

(D) Picture

(E) Dream

Ans: (D)

Directions-(Q.17 to 17) Choose the word which is most opposite in meaning of the word printed in bold as used in the passage.

17. Farthest


(A) Extreme    

(B) Nearest

(C) Distant    

(D) Shortest

(E) Endless

Ans: (B)

Directions-(Q.18 - 20) Choose the word which is MOST OPPOSITE in meaning of the word printed in bold as used in the passage.

18. Pleasant

(A) Admirable

(B) Oisgusting

(C) Nice    

(D) Indecent

(E) Unexpected

Ans: (B)


19. Strange

(A) Familiar    

(B) Unseen

(C) IIlfamed    

(D) Novel

(E) Conservative

Ans: (A)

20. Continued

(A) Irregular    

(B) Oestroyed

(C) Reckoned

(D) Suspended

(E) Carried on

Ans: (D)


                                                                  Numerical Ability


Directions-(Q.21 - 21) What should come in place of the question mark (?) in the following questions ?

21. 64% of ? - 96% of 1120 = 499.2

(A) 2600    

(B) 2540

(C) 2460    

(D) 2280

(E) None of these

Ans: (C)

22. Bhuvan has some hens and some cows. If the total number of animal heads are 71 and the total number of feet are 228. How many hens does Bhuvan have ?

(A) 43

(B) 32

(C) 24

(D) Cannot be determined

(E) None of these

Ans: (E)

23. The difference between a two digit number and the number obtained by interchanging the two digits of the number is 18. The sum of the two digits of the number is 12. What is the product of the two digits of the two digit number ?
(A) 35

(B) 27

(C) 32

(D) Cannot be determined

(E) None of these

Ans: (A)

Directions-(Q.24 - 25) What should come in place of the question mark (?) in the following questions ?

24. 666 x 66 x 6 = ?

(A) 263836    

(B) 236736

(C) 263376    

(D) 236836

(E) None of these

Ans: (E)

25. 3/8 x 4/7 x ? = 5376

(A) 30912    

(B) 25144

(C) 24808    

(D) 25088

(E) None of these

Ans: (D)

26. Meenal bought a watch with 25% discount on the selling price. If the cost of her watch Rs. 1,545, what is the original selling price of the watch ?
(A) Rs. 2,050

(B) Rs. 2,000

(C) Rs. 2,040

(D) Cannot be determined

(E) None of these

Ans: (E)

27. In how many different ways can the letters of the word 'GROUND' be arranged ?
(A) 360    

(B) 720

(C) 120    

(D) 500

(E) None of these

Ans: (B)

Directions-(Q.28 - 29) What should come in place of the question mark (?) in the following questions ?
28. (98764 + 89881 + 99763 + 66342) ÷ (1186 + ? + 1040 + 1870) = 55
(A) 2354    

(B) 2368

(C) 2254    

(D) 2404

(E) None of these

Ans: (A)
29. 956 x 753 = ?
(A) 723692    

(B) 727398

(C) 710308    

(D) 719868

(E) None of these

Ans: (D)
30. If the value of 21a + 21b = 1134, what is the average of a+ b ?
(A) 29

(B) 27

(C) 58

(D) 54

(E) None of these

Ans: (B)

General Awareness (with special reference to banking industry)

31. Which of the following countries topped the list of medals at the World Athletics Championships in Daegu, South Korea ?
(A) USA

(B) Kenya

(C) Jamaica

(D) South Africa

Ans: (A)

32. India, on 24 August 2011 signed (Double Taxation Avoidance Agreement) with which one of the following countries ? 
(A) Georgia

(B) Sri Lanka

(C) Pakistan

(D) UK

Ans: (A)

33. UNCTAD's Trade and Development Report 2011 launched in New Delhi on 6 September 2011projected an economic growth of what per cent for India in 2011 ?
(A) 8%

(B) 8.1%

(C) 9.2%

(D) 8.6%

Ans: (B)

34. Russian and US scientists launched an expedition to study emission of___ gas in the eastern Arctic.
(A) Methane

(B) Carbon-Di-Oxide

(C) Sulfur-Di-Oxide

(D) Ozone

Ans: (A)
35. Name the Maoists Vice-Chairman who was on 28 August 2011 elected Nepal's 35th prime minister marking the country’s attempt to form a stable government after extended political uncertainty.
(A) Baburam Bhattarai

(B) Sher Bahadur Deuba

(C) Surya Bahadur Thapa

(D) Jhalanath Khanal

Ans: (A)
36. Indian rupee on 7 September 2011 settled at one-year low against the US currency. What was the value of the India value vis-à-vis the US currency ?
(A) 46.16/17

(B) 46

(C) 45.32/33

(D) 45

Ans: (A)

37. How many Indian companies were ranked among the top 200 Asia-Pacific corporations in Forbes Asia's 'Best Under a Billion' list for 2011 released on 31 August 2011 ?
(A) 65

(B) 35

(C) 23

(D) 14

Ans: (D)

38. Reserve Bank of India (RBI) panel headed by headed by Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) on 29 August 2011 came up with suggestion on non-banking finance company (NBFC). Which of the following related to this statement is not true ?
1. The panel suggested the central bank to insist on a minimum asset size of more than Rs.25 crore for registering any new non-banking finance company (NBFC)

2. Transfer of shareholding, direct or indirect, of 25 per cent and above, change in control, merger or acquisition of any registered NBFC will require prior approval of the Reserve Bank.

3. Tier-I capital for capital to risk weighted assets ratio (CRAR) purposes would be specified at 12 per cent to be achieved in three years for all registered deposit-taking and non-deposit-taking NBFCs.

4. NBFCs would be subject to regulations similar to banks while lending to stock brokers and merchant banks and similar to stock brokers, as specified by the Securities and Exchange Board of India (SEBI)

(A) 1 & 4

(B) 2 & 4

(C)  Only 4

(D) Only 1

Ans: (D)
39.  North Korea agreed to start international talks on denuclearization of the Korean peninsula. This was agreed during the visit of North Korean leader Kim Jong Ii to__.
(A) Russia

(B) China

(C) UK

(D) South Korea

Ans: (A)
40. According to data released by the commerce and industry ministry on 20 October 2011 food inflation inflation stood at what percentage in the week ended 8 October 2011?
(A) 10.6%

(B) 10.54%

(C) 10.33%

(D) 10.91%

Ans: (A)

Computer Knowledge

41. Selection of command-
(A) Opens the copy of the document in preview

(B) Prints the copy of displayed document

(C) Brings change in expansion of displayed document

(D) Saves the copy of displayed document

(E) None of these

Ans: (C)
42. You organize files by storing them in-
(A) archives

(B) folders

(C) indexes    

(D) lists

(E) None of these

Ans: (B)
43. How many different documents can you have open at anyone time ?
(A) No more than three

(B) Only one

(C) As many as your computer memory will hold

(D) No more than you taskbar can display

(E) None of these

Ans: (C)
44. What type of resource is most likely to be a shared common resource in a computer network ?
(A) Printers

(B) Speakers

(C) Floppy disk drives

(D) Keyboards

(E) None of these

Ans: (A)
45. Directory in directory is called-
(A) Mini directory

(B) Junior directory

(C) Part directory

(D) Sub-directory

(E) None of these

Ans: (D)
46. Such a pre-made document, which has coordinating font, layout and background, is-
(A) Guide    

(B) Model

(C) Ruler    

(D) Template

(E) None of these

Ans: (D)
47. In order to create columnar data in Word you need to-
(A) Tab consecutively until your cursor reaches the desired place

(B) Set tabs or use the Table menu

(C) You need to use Excel

(D) Press the space bar until your cursor reaches the desired place

(E) None of these

Ans: (E)
48. Saving is a process-
(A) To copy the document from memory to stroage medium

(B) To bring change in present status of the document

(C) To change the face or entire form

(D) To develop the document by recording the text with the use of keyboard

(E) None of these

Ans: (A)
49. To insert a word into the middle of a sentence-
(A) move the cursor to the desired location in the sentence and type the new word

(B) move the cursor to the desired location in the sentence, press Enter key, and type the new word

(C) move the cursor to the beginning of the sentence and start typing

(D) retype the whole sentence

(E) None of these

Ans: (A)
50. A(n) .............. is a combination of hardware and software that facilitates the sharing of information between computing devices.
(A) network

(B) peripheral

(C) expansion board

(D) digital device

(E) None of these

Ans: (A)

IBPS CWE GENERAL AWARENESS MODEL PAPER

1.Cairo Programme of Action (POA) refers to which of the following ?
1) Vaccination   
2) Adult literacy
3) Food security   
4) Population control
5) None of these

2.Justice Wadhwa Committee is reviewing the functioning of which of the following ?
1) Mid-day meal programme
2) Rashtriya Swasthaya Bima Yojna
3) Public Distribution System
4) Public Distribution System
5) None of these

3.What is the objective of the Central Registry launched under the provisions of the SARFAESI Act 2002, recently ?
1) To preent leakage of funds in delivery of central government sponsored rural emloyment sches
2) To prevent tax evasion by Indians by keeping track of large transactions in the banking system
3) To prevent frauds in loan cases involving multiple lending from different banks on the same asset
4) To ensure timely delivery of agricultural credit under priority sector norms by public sector banks
5) None of these

4. What is the objective of the National Mission for Electric Mobility launched recently ?
1) Promoting the use of energy saving devices
2) Promoting the replaement of diesel by electric locomotives in Indian Railways
3) Promoting spread of mob ile services in rural areas
4) Promoting the use of battery operated vehicles
5) None of these

5.What is the objective of India Smart Grid Forum (ISGF) ?
1) To promote R 7 D collaboration between universities and industry
2) To promote the use of non - renewable sources of energy
3) To promote higher education using broadband
4) TO promote energy effeciency in power sector
5) None of these

6.Which of the following became India's first bank to facilitate payment of income tax using ATMs recently ?
1) State Bank of India   
2) Punjab National Bank
3) Canara Bank
4) Union Bank of India
5) None of these

7.Which of the following has / have been selected as the sole fund manager by the Employees Provident Fund Organisation (EPFO) to manage its corpus of about Rs 3.5 lakh crore recetly ?
1) State bank of India   
2) ICICI Prudential
3) HSBC    
4) Reliance Capital
5) None of these

8.Rabobank has received the Reserve Bank of India approval to set up its first branch in India recently. It is a bank headquartered in which country ?
1) France   
2) Belgium
3) Britain   
4) Netherlands
5) None of these

9.The government has approved the creation of posts of 'Indirect Tax Ombudsmen' in several cities recently. Which of the following statements about is / are correct ?
I) It will be set up in seven cities
II) It will examine public complaints on income tax matters
III) It will have the powers to give settle claims and give awards" to the aggrieved parties
1) I only   
2) II and III only
3) II only   
4) III and I only
5) None of these

10.What does 'remittances', a word we often come across in articles on foreign exchange reserves in newspapers, refer to ?
1) Postponement of paymnets to the IMF
2) Money transfer by amigrant worker to their home country
3) Donation by individuals to a chartiy
4) Taxation obligation of developing countries
5) None of these

11.Which state has launched the 'Jeevandhara' programme to provide quality medicines at affordable prices to the poor recently ?
1) Andhra Pradesh   
2) Maharashtra
3) Rajasthan   
4) Gujarat
5) None of these

12.The abbreviation 'EAG states' mentioned in the Census 2011 refers to which of the following?
1) Eligible Action Group States
2) Economically Advancing Group States
3) Empowered Action Group States
4) Empowered Advancing Group States
5) None of these

13.  Which of the following had the highest share of bank credit (occupation - wise) as on March 31, 2009 according to a RBI report released recently ?
1) Agriculture   
2) Industry
3) Trade   
4) Transport Operators
5) None of these

14.Which of the following statements is / are correct about the Pension Fund Regulatory and Development Authority (PFRD) (1) Bill introduced in Lok Sabha ?
I) The Bill gives statutory status to interim pension regulator
II) The Bill was supported by Left Parties
III) The Bill was supported by the BJP
1) I only   
2) I and II only
3) II and III only   
4) III and I only
5) None of these

15.The Banking Laws (amendment) Bill 2011 was tabled in Parliament recently. Which of the following statements is / are correct as per current policy ?
I) Nationalised banks cannot issue bonus shares
II) Nationalised banks can raise capital through rights issues
III) Nationalised banks cannot issue preference shares
1) I only   
2) I and II only
3) II only   
4) III and I only
5) None of these

16.The government has tabled a Constitution Amendment Bill on the Goods and Services Tax (GST) in Parliament recently. WHich of the following statements is /a re correct ?
 I) GST will replace many taxes levived at the Centre, including excise duty and service tax
 II) GST will replace many taxes levied at the state level, including sales tax and entertainment tax
 III) Currently states are not allowed to tax sale of goods, while the Centre cannot tax services
1) I only   
2) I and II only
3) II only  
4) III and II only
5) None of these

17. The Banking Laws (amendment) Bill 2011 was tabled in Parliaent recently. Which of the following statements is / are correct as per current policy ?
1) At present promoters and shareholders of private banks cannot exercise voting rights in proportion to their shareholding
II) Voting rights of a non - governments shareholder in nationalised banks cannot exceed 5% irrespective of the size of his shareholding
III) Voting rights of a shareholder in private sector banks cannot exceed 10% irrespective of the size of his shareholding
1) I only   
2) I and II only
3) II only  
4) III and I only
5) None of these

18.What is the FDi limit in the insurance sector in India ?
1) 11%    
2) 26%
3) 49%   
4) 51%
5) None of these

19.Which of the following is launchign 'Rupay' as a domestic alternative to the global real-time payment processing firms like Visa, MasterCard?
1) CCA venue Payment Gateway
2) PayPal Corporation of India
3) Industrial Financial Corporation of India
4) National Payments Corporation of India
5) None of these

20. Export of which of the following crop is / are allowed currently ?
1) Wheat   
2) Non-Basmati rice
3) Sugar   
4) Pulses
5) None of these

21.Which of the following is the oil exploration & production company operating in Siberia and owned by the ONGC ?
1) Venture Production   
2) Regarl Petroleum
3) Enterprise Oil   
4) Imperial Energy
5) None of these

22. The government has decided provide equity support to public sector banks (PSBs) to raise its holding to .........
1) 55%   
2) 58%
3) 62%   
4) 68%
5) None of these

23.Which of the following is / are not covered under the compulsory labelling programme of the Bureau of Energy Efficiency (BEE) ?
1) Air conditioners   
2) Refrigerators
3) Geysers   
4) Distribution transformers
5) None of these

24. Which foreign bank publishes the monthly Purchasing Managers' Index (PMI) that measures the health of manufacturing sector in India and is based on a survey of top 500 companies ?
1) Barclays   
2) HSBC
3) Stanchart Bank   
4) Citi Bank
5) None of these

25. Which of the following has become the first state in the country to announce a monthly allowance to unemployed under-graduates recently ?
1) Karnataka   
2) Rajasthan
3) Goa   
4) Maharashtra
5) None of these

26. How many commercial banks are functioning in India as per the 'Statistical Tables Relating To Banks in India 2009-10 unveiled by the RBI in March 2011 ?
1) 135   
2) 167
3) 193   
4) 256
5) None of these

27.The Rashtriya Krishi Vikas Yojana (RKVY) will be implemented in the coming year (2011 - 12) with a budget of Rs. 7860 crore and nine sub - schemes. Which of the following sub-scheme refers to livestock development, dairy farming and fisheries ?
1) Rainfed Area Development Programme
2) National Mission for Protein Supplements
3) Promotion of Oil Palm
4) Accelerated Fodder Development Programme
5) None of these

28. What was the share of priority sector lending in lending by commercial banks as on March 31, 2010 as per the 'Statistical Tables Relating to Banks in India 2009-10' report univeiled by the RBI recently ?
1) 16%   
2) 24%
3) 31%   
4) 36%
5) None of these

29. Under the current merger & acquisition policy, any deal involving acquisition of ..... or more in a listed company requires the acquirer to make an open offer for buying at least ....... stake from public shareholders.
1) 5 per cent, 10 per cent
2) 10 per cent, 15 per cent
3) 15 per cent, 20 per cent
4) 20 per cent, 25 per cent
5) None of these

30.Pradhan Mantri Adarsh Gram Yojana (PMAGY) is for the integrated development of which of the following category of villages ?
1) Villages where SCs comprise more than 25% of population
2) Villages where SCs & STs comprise more than 50% of population
3) Villages where STs comprise more than 25% of population
4) Villages where SCs comprise more than 50% of population
5) None of these

31. How much as the requirement of water for irrigation in India as per a recent assessment by the National Commission for Integrated Water Resources Development (NCIWRD) ?
1) 4000 billion cubic meters (BCM)
2) 1869 BCM   
3) 1123 BCM
4) 557 BCM   
5) None of these

32.Which foreign bank has the highest number of employees in India ?
1) HSBC   
2) Royal Bank of Scotland (RBS)
3) Standard Chartered Bank
4) Citibank
5) None of these

33.Which of the following statements about solvency ratio in the insurance sector is /are correct?
I) IRDA has directed general insurance companies to increase their solvency ratios for vehicle insurance
II) A high solvency ratio indicats lower probability of default
III) A higher solvency ratio indicates better financial health of the insurance company
1) I only   
2) I and II only
3) II and III only   
4) I, II and III
5) None of these

34. Which of the following regions had the highest number of bank branches in the country as per the 'Statistical Tables Relating to Banks in India 2009-10' unveiled by the RBI recently?
1) Rural   
2) Semi-Urban
3) Urban   
4) Metropolitan
5) None of these

35.Which state has the highest number of commercial bank branches in India as on March 31, 2010 as per the 'Statistical Tables Relating to Banks in India 2009-10' report unveiled by the RBI recently ?
1) UP   
2) Maharashtra
3) Andhra Pradesh   
4) Tamil nadu
5) None of these

36. Which of the following does not come under the definition of Scheduled Commercial Banks in India ?
1) Scheduled State Co - operative Banks
2) cheduled Urban Co - operative Banks
3) REgional Rural Banks
4) None of the above
5) None of these

37.Which of the following is / are implementing the Traditional Knowledge Digital Library (TKDL) project ?
I) Ministry of Science and Technology
II) Council of Scientific and Industrial Research
III) Ministry of Health and Family Welfare
1) I only   
2) I and II only
3) II and III only   
4) I, II and III
5) None of these

38. What ws the poverty rate in 2009-10 according to recent estimates by Planning Commission ?
1) 28%   
2) 30%
3) 32%   
4) 34%
5) None of these

39.Which of the following statements about demand and supply of petroleum products in India is / are correct ?
I) India's current petroleum refining capacity is 240 million tonnes per annum (MTPa)
II) India's demand for the petroleum products is less than its refining capacity
III) Further addition in refining capacity is likely to boost country's exports of petroleum products
1) I only   
2) I and II ony
3) II and III only   
4) III and I only
5) None of these

40. Which of the following has launched the 'Trans Union Score' that will indicate credit worthiness of consumers applying for loans from banks ?
1) Experian Credit Information Co
2) Indian Credit Rating Agency
3) Credit Information Bureau Ltd
4) Euifax Information Services
5) None of these

41. Which bank has announced an end to its 'teaser' home loan scheme recently ?
1) Bank of India   
2) HDFC Bank
3) Union Bank   
4) State Bank of India
5) None of these

42.The government has decided to set up an inter-ministerial group chaired by Planning Commission member Arun Maira to examine the ssue of imposing restrictions on FDI in pharmaceutical industry. How much FDI is permitted currently ?
1) 33%   
2) 49%
3) 51%   
4) 100%
5) None of these

43. Which of the following is the criterion for allocation of foodgrains under the Public Distribution System (PDS) to below poverty line (BPL) families ?
1) Same quantity of foodgrains is given to every BPL family
2) The quantity of foodgrains given depends on the number of members in the BPL family
3) The quantty of foodgrains given depends on the annual income of the BPL family
4) Both (2) & (3)
5) None of these

44.How much was the net Foreign Institutional Investor (FII) investment in Indian stock markets in 2010-11 acording to SEBI ?
1) Rs. 0.76 lakh crores   
2) Rs. 0.95 lakh crore
3) Rs. 1.17 lakh crore
4) Rs. 1.46 lakh crore
5) None of these

45.The government has launched 'Service Discharge Benefit Scheme' for over 2.7 lakh employees of which organisation recently ?
1) Department of Telecom
2) Indian Army
3) Department of Posts
4) Indian Railways
5) None of these

46. Accredited Social Health Activists (ASHAs) In which state are known as 'Mitanins' ?
1) Jharkhand   
2) Rajasthan
3) Orissa   
4) Chhattisgarh
5) None of these

47. 'Health and Wellness Tourism – Advantage India', a study that offers a 10 - point prescription to boost health and wellness tourism in India, is a joint initiative of YES Bank and ....
1) MCI   
2) IMA
3) FICCI   
4) CII
5) None of these

48. Kimberley Process certificates are compulsory for for trade in which of the following ?
1) Gold   
2) Diamonds
3) Radioactive materials
4) All the above   
5) None of these

49. The Ministry of Statistics 7 Programme Implementation recently decided to allow MPs to spend a maximum of Rs. 10.00 lakhs per year from their MPLAD funds for :
1) creating awareness about social welfare schemes of the government
2) building sports facilites in their constitutencies
3) rehabilitation of those affected by natural calamities
4) giving assistance to the physically challenged in their constitutencies
5) None of these

50. The Foreign Contribution Regulation Act (FCRa) 2010 came into effect from May 1, 2011. Which of the following statements is / are correct ?
I) 'Organisations of political nature' can receive foreign funds only after prior clearances from the government
II) Organisations that receive foreign funds will have to renew their registration once every three years
 III) Banks will have to immediately report to the government about all foreign funds exceeding Rs. 10 lakh
1) I only   
2) I and II only
3) II only   
4) III only
5) None of these

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

Sunday, November 20, 2011

IBPS CLERKS EXAM GENERAL AWARENESS MCQs

1.    From which state was the Janani 0 Shishu Suraksha Karyakram (JSSK) of the Ministry of Health and Family Welfare launched recently ?
1) Kerala 
2) Maharashtra
3) Haryana 
4) Rajasthan
5) None of these

2.    RBI has decided to release a Rs. 5 coin mark 1000 years of which temple recently ?
1) Sabarimala Temple
2) Kashi Vishwanath Temple, Varanasi
3) Brihadeeswara Temple, Thanjavur
4) Vaishno Devi Temple
5) None of these

3.    Which of the following approved $ 1 billion loan for the National Ganga River Basin Project recently ?
1) UNEP 
2) ADB
3) World Bank
4) All above jointly
5) None of these

4.    The revised estimates of national income for the financial year 2010-11 were released by the Central Statistical Organisation (CSO) on May 31, 2011. Which of the following statements is / are correct ?
 I) Gross Domestic Product (GDP) at factor cost at 2004-05 prices is Rs. 4877842 crore
 II) Per Capita GDP at factor cost at 2004-05 prices is Rs. 38,247
 III) Per Capita Net National Incoem (NNI) at factor cost at 2004-05 prices is Rs. 35,917 
1) I only 
2) I and II only
3) II and III only 
4) I and III only
5) None of these

5.    The government has set up ......... Vidyut Vyapar Nigam' as the Central Agency to purchase solar power from the developers and sell it to distribution companies such as state electricity boards.
1) BHEL 
2) NHPC
3) REC 
4) NTPC
5) None of these

6.    The Reserve Bank of India (RBI) announced a change in its overseas direct investment guidelines to give Indian companies more flexibility in managing international joint ventures (JVs) and wholly-owned subsidiaries. Which of the following statements is / are correct ?
I) Listed companies will be allowed to write off 25 per cent capital, loans and other receivables such as royalty and management fee of their JVs and wholly-owned subsidiaries without seeking RBI permission
II) These guidelines will be applicable for JVs in which Indian promoters own at least 51 per cent
III) Existing regulations allow restructuring of balance sheets only for winding - up of JVs and wholly - owned subsidiaries abroad
1) II only 
2) I and II only
3) III and I only 
4) I, II and III
5) None of these

7.    Which public sector bank is associated witht he launch of India's first Gramin Bank (Rural Bank) ATM Card in asociation with Vranasi - based Kashi Gomti Samyut Gramin Bank and National Payments Corporation of India (NPCI) recently ?
1) Allahabad Bank 
2) SBI
3) Canara Bank 
4) UBI
5) None of these

8.    The government announced the setting up of a special wing - Directorate of Income Tax (Criminal Investigation) - to investigate criminal offences under direct tax laws recently. Which of the following statements is / are correct ?
I) It will work under the purview of Enforcement Directorat
II) It will cover evasion of income tax and corporate tax
III) It will cover evasion of excise and customs duties
1) I only 
2) I and II only
3) II only
4) III only
5) None of these

9.    Which of the following is not among the five-fold strategy adopted by the government to tackle the menace of illicit funds ?
1) Joining global crusade against 'black money'
2) Creating an appropriate legislative framework
3) Setting up institutions for dealing with Illicit Funds
4) Offering amnesty schemes to bring back black money
5) None of these

10.    The National Food Security Mission (NFSM) does not cover :
1) Rice 
2) Coarse Cereals
3) Pulses 
4) All the above
5) None of these

11.    Which of the following statements about rules governing the New Pension Scheme (NPS) is / are correct ?
I) Fund managers under NPS can be from public sector as well as private sector
II) NPS funds cannot be invested in equity markets
III) Both government and private sector employees can invest in NPS
1) I only 
2) I and II only
3) II and III only 
4) I and III only
5) None of these

12.    SCORES is a complaints redressal system launched by :
1) SEBI 
2) IBA
3) CBDT 
4) CCI
5) None of these

13.    Direct tax collections account for what share of GDP in India ?
1) 9.26 per cent 
2) 7.62 per cent
3) 5.66 per cent 
4) 4.72 per cent
5) None of these

14.    The government has increased the duty - free import quota for garments from which neighbouring country by two million pieces to 10 million recently ?
1) Nepal 
2) Bangladesh
3) Myanmar 
4) Bhutan
5) None of these

15.    The Committee set up to review the functioning of the National Small Savings Fund (NSSF) submitted its report to the Finance Ministry recently. Which of the following statements is / are correct ?
I) It has recommended an increase in the ceiling on annual subscriptions in Public Provident Fund (PPF).
II) It has recommended an upward revision of the rate of interest in Post Office Saving Account from 3.5% to 4%.
III) It has recommended in increae in the compulsory investment of net small savings collections in State Government Securities
1) I only 
2) I and II only
3) II and III only 
4) I and III only
5) None of these

16.    Which of the following statements regarding recent changes in the Indira Gandhi National Old Age Pension Scheme (IGNOAPS) is / are correct ?
I) Age limit for identification of beneficiaries has been lowered
II) 60 years is the new age limit for identification of beneficiaries
III) Monthly pension has been increased for al beneficiaries
1) I only 
2) I and II only
3) II only 
4) I, II and III
5) None of these

17.    The draft National Manufacturing Policy was given in - principle approval by a High Level Committee on Manufacturing, held under the Chairmanship of the Prime Minister recently. Which of the following statements is / are correct ?
I) The objective is to generat 100 million additional jobs by 2025
II) The objective is to raise the share of manufacturing in GDP to 30% by 2025
III) Manufacturing Industry Promotion Board (MIPB) should be set up to facilitate overseas investments by Indian companies
1) I only 
2) I and II only
3) II and III only 
4) I, II and III
5) None of these

18.    The government announced certain changes in the Indira Gandhi National Old Age Pension Scheme (IGNOAPS) recently. Which of the following statements is / are correct ?
I) More than 3 crore persons are covered under the IGNOAPS currently
II) Total additional requirement of funds for implementing the changes will be Rs. 2,770 crore in 2011-12
II) Age limits for windows and disabled covered under the scheme has been lowered
1) I only
2) I and II only
3) II only 
4) II and III only
5) None of these

19.    The National Broadband Plan is aimed at rolling out broadband infrastructure to every village with more than ...... people.
1) 500 
2) 1000
3) 1500 
4) 2000
5) None of these

20.    The new series of the Index of Industrial Production (IIP) was unveiled recently. Which of the following statements is / are correct ?
 I) 2004-05 will be the base year
 II) The weight of manufacturing in the new IIP has been increased
 III) The weight of mining and electricity has been reduced in the new IIP
1) I only 
2) I and II only
3) II and III only 
4) I, II and III
5) None of these

21. The government replaced the Duty Entitlement Pass Book [DEP(2)] scheme of export promotion replaced with Duty Drawback scheme on September 30. Which of the following statements is / are correct?
 I) DEPB was a reimbursement of Customs duty paid by an exporter on an imported input used in the export product
 II) DEPB was a cashless export promotion scheme
III) DEPB was administered by the revenue department of Finance Ministry
1) I only 
2) I and II only
3) II and III only 
4) III and I only
5) None of these

22.    What is the interest rate in 2011-12 on fresh loans for farmers who have repaid their previous short - term loans on time ?
1) 3% 
2) 4%
3) 5% 
4) 6%
5) None of these

23.    Which of the following indexes was coined by economist Arthur Okun ?
1) Corruption Perception Index
2) Network Readiness Index
3) Terrorism Risk Index
4) Misery Index
5) None of these

24.    Which of the following category of workers were included under the Rashtriya Swasthya Bima yojana (RSBY) recently ?
1) Railway porters 
2) Beedi workers
3) Carpenters 
4) Masons
5) None of these

25.    Which of the following have been disallowed from opening branches abroad by the RBI recently ?
1) Private sector banks   
2) Pension Funds
3) Cooperative banks
4) NBFCs
5) None of these

26.    Which of the following is the power excahnge being set up by NPTC ?
1) Bharat Power Exchange Ltd
2) National Power Exchange Ltd
3) Power Exchange India Ltd
4) None of the above
5) None of these

27.    India has filed an application for an extension of its Exclusive Economic Zone (EEZ) from ...... nautical miles to ............. nautical miles with the United Nations Commission on the Law fo the Sea
1) 100, 300 
2) 200, 250
3) 100, 250 
4) 200, 350
5) None of these

28.    Which was India's best performing state during 1980-2004 in terms of productivity of the organised manufacturng sector, according to a RBI sponsored study unveiled recently ?
1) Bihar 
2) Tamil Nadu
3) Karnataka 
4) Haryana
5) None of these

29.    What was the insurance penetration (percentage of insurance premium to Gross Domestic Product) in India in 2009 according to figures released by the Finance Ministry in August 2011 ?
1) 3.14 
2) 4.80
3) 4.70 
4) 5.39
5) None of these

30.    Indian - mining companies have bid for a stake in Hajigak ..... ore mines in Afghanistan
1) Bauxite 
2) Copper
3) Iron 
4) Coal
5) None of these

31.    India and ir Lanka signed a MoU to develop the ....... port in July 2011
1) Kankesanthurai 
2) Hambantota
3) Trincomalee 
4) Galle
5) None of these

32.    The establishment of Serious Fraud Investigation Office to tackle white collar crimes is based on the recommendations of :
1) Vepa kamesam committee
2) J. Venkateswarlu committee
3) Jaydeep N. Shah committee
4) Nilesh S. Vikamsey committee

33.    'Sukhi Griha Parikalpana' is a housing welfare scheme for rehabilitation of slum dwellers launched by which central government ministry?
1) Railway   
2) Rural Development
3) Urban Development
4) Labour & Employment
5) None of these

34.    A draft policy on foreign direct investment (FDI) in multi-brand retail was unveiled by a committee of secretaries (CoS) in July 2011. Which of the following statements regarding current FDI policy in retail is / are correct ?
I) FDI upto 10% is permitted in multi-brand retail.
II) 100% FDI is permitted in cash & carry wholesale trade
III) FDI upto 51% is permitted in single - brand retail
1) I only 
2) I and II only
3) II and III only 
4) I, II and III
5) None of these

35.    The government approved the acquisition of ...... Commercial and International Bank Ltd.' by ........ was approved by the government in July 2011.
1) State Bank of India
2) Bank of India
3) Axis Bank 
4) ICICI
5) None of these

36.    What is the base year of the new series of Consumer Price Indices (CPI) for rural, urban and combined introduced by the govenment in January, 2011 ?
1) 2005 
2) 2007
3) 2008  
4) 2010
5) None of these

37.    Which of the following was imposed a penalty of Rs. 55.5 crore for abusing its dominant position in the currency derivative (CD) market in June 2011 ?
1) National Stock Exchange
2) MCX-SX
3) Bombay Stock Exchange
4) OTCEI 
5) None of these

38.    Use of the which of the following softwares in reporting financial results of companies was made compulsory by the government recently?
1) XBRL 
2) Tally
3) HTML
4) COBOL
5) None of these

39.    What is the minimum time of operation an insurance company is required to launch an initial public offer (IPO) ?
1) 3 years 
2) 5 years
3) 7 years 
4) 10 years
5) None of these

40.    The Finance Ministry recently unveiled the structure of the infrastructure debt funds (IDFs) proposed in Budget 2011-12. Which of the following statements is / are correct ?
I) IDF can be set up as a mututal fund (MF)
II) IDF can be set up as a non - banking finance company (NBFC)
III) IDF can be regulated by RBI or SEBI
1) I and II only 
2) II only
3) II and III only 
4) I, II and III
5) None of these

41.    The securities and Exchange Board of India (SEBI) announced key changes int he Takeover Code governing mergers and acquisitions of companies in the country in July 2011. According to the new rules an investor whose shareholding in a company exceeds a certain limit will have to make an open offer to acquire a further ..... of the shareholding of the company
1) 18% 
2) 20%
3) 24% 
4) 26%
5) None of these

42.    The comprehensive economic partnership agreement (CEPA) between India and Japan came into effect on August 1, 2011. This is India's third CEPA after .......
1) USA and United Kingdom
2) Singapore and South Korea
3) Malaysia and Thailand
4) China and Hong Kong
5) None of these

43.    The European Union has decided to lift restrictions on India's export of which of the following passing through European ports ?
1) Processed food   
2) Cheap medicines
3) Arms and Ammunition   
4) Radioactive waster
5) None of these

44.    Which state has the highest slum population in India according to Housing and Urban Poverty Alleviation Ministry ?
1) Maharashtra 
2) Andhra Pradesh
3) Uttar Pradesh 
4) West Bengal
5) None of these

45.    What is India's Per Capita Income at current prices in 2010-11 ?
1) Rs. 41,532 
2) Rs. 45,278
3) Rs. 49,294 
4) 54.835
5) None of these

46.    What is the share of Micro, Small and Medium Enterprises (MSMEs) in India's industrial production ?
 1) 8.72%
2) 16.18%
3) 24.67% 
4) 44.86%
5) None of these

47.    The M. Damodaran committee on customer services by banks has suggested sweeping changes in banking practices in its report submitted to the Reserve Bank of India (RBI) in August 2011. Which of the following statements regarding its recommendations is / are correct ?
I) There should be a common customer service call centre for all banks
 II) Insurance cover for deposits should be raised to Rs 500, 000 from Rs 100,000 now
 III) Banks should offer savings accounts with facilities like cheque facility, ATM card, etc without prescribing a minimum balance requirement
1) I only 
2) I and II only
3) II and III only 
4) I, II and III

48.    The State Bank of India (Subsidiary Banks Laws) Amendment Bill 2009 was passed by the Lok Sabha on August 11, 2011. Which of the following statements is / are correct ?
I) It allows subsidiary banks of State Bank of India (SBI) to raise capital through public issue route or through preferential allotment of equity shares
II) It authorises the Centre  to approve increase in or reduction of the authorised capital of a subsidiary bank
III) It permits the SBI Chairman to nominate an official of the State Bank or the subsidiary bank as the Chairman of the Board of a subsidiary bank
1) I only 
2) I and II only
3) II and III only 
4) I, II and III
5) None of these

49.    Which of the following is / are sold below market price to consumers in India ?
1) Kero sene 
2) Diesel
3) LPG 
4) All the above
5) None of these

50.    The Standing Committee on Petroleum and Natural Gas in its report submitted on August 3, 2011 has called for an end to sale of subsidised domestic cooking gas (LPG) for people with income of more than ....... per annum.
1) Rs 2 lakh 
2) Rs 3 lakh
3) Rs 4 lakh 
4) Rs 6 lakh
5) None of these

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