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SBI CLERKS EXAM GENERAL AWARENESS QUESTIONS (EXAM HELD ON 16-01-2011)

1. South africa currency is:
Ans: Rand

2. World boxing championship won by :
Ans: Vijendra Singh

3. Somdev barman related with:
Ans: lawn tennis

4.RIM is from which country:
Ans: RIm is a Candaian company which develops Blackberry phones

5. Award in the field of cinema is:
Ans: Dadasaheb Phalke.

7. Asian games 2010 were held in:
Ans: China.

8. Which of the following has not received LG ICC Awards:
Ans: Ishant sharma

9. what is MFI
Ans: Micro Finance Institutions:

10. Which of the following is not related to Hockey:
Ans: pull

11. EMI stands for:
Ans: Equated Monthly Installment

12. RBI Changes reverse repo rate by:
Ans: 25%.

13. India had military exercise with:
Ans: France

14. Name of Chetan Bhagat book:
Ans: 3 mistakes of my life.

15. Antaheen National Award winning film is in:
Ans: Bengali language

16. Miss universe 2010 is:
Ans: Ximena Navarrete

17. Current Indian Railway minister is:
Ans: Mamta Banerjee.

19. Which Counry is trying its currency Yuan to maintain its market value:
Ans: China

20. PDS is:
Ans: Public distribution system:

21. which was not in CWG no medal won:
Ans: Mahindra Singh Dhoni.

22. Mike Russell related with:
Ans: billiards

24. Stainless steel contains:
Ans: chromium

25. In October 2010 elections held:
Ans:Kyrgyzstan

26. Black berry services is from:
Ans: Canada

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TUESDAY, JANUARY 11, 2011

SBI POs EXAM QUESTIONS

General Awareness

1. What is the population of India ?
(A) 98 crores
(B) More than 2 billion
(C) More than 1 billion
(D) Less than 96 crores
(E) 96 crores

2. Thermostat is an instrument used to_________
(A) measure flow of current
(B) measure intensity of voltage
(C) regulate temperature
(D) regulate velocity of sound
(E) None of these

3. Wimbledon Trophy is associated with________
(A) Football (B) Cricket
(C) Hockey (D) Basketball
(E) Lawn Tennis

4. GNP stands for_________
(A) Gross National Product
(B) Group Net Product
(C) Grand Nuclear Process
(D) Group Networking Process
(E) None of these

5. ‘Acoustics’ is the science of the study of_________
(A) Light (B) Sound
(C) Electricity (D) Magnetism
(E) None of these

6. Noise pollution is measured in the unit called_____
(A) micron
(B) nautical miles
(C) ohms
(D) ampere
(E) decibel

7. ‘Heavy Water’ is used in which of the following types of indus-tries ?
(A) Sugar
(B) Nuclear Power
(C) Textile
(D) Coal
(E) None of these

8. Who amongst the following is the author of the book ‘Indomi-table Spirit’?
(A) Dr. A.P.J. Abdul Kalam
(B) Dr. Manmohan Singh
(C) Justice K. G. Balakrishna
(D) Mr. Natwar Singh
(E) None of these

9. Which of the following is not the name of popular IT/Software Company ?
(A) Wipro (B) Mastek
(C) Toyota (D) IBM
(E) Infosys

10. ‘Yen’ is the currency of_________
(A) South Korea
(B) China
(C) Indonesia
(D) Malaysia
(E) None of these

11. Baichung Bhutia whose name was in news is a well known__________
(A) Music Director of Indian films
(B) English author of Indian origin
(C) Journalist
(D) Politician
(E) Sports Personality

12. ‘Richter Scale’ is used to measure which of the following ?
(A) Intensity of Tsunami Waves
(B) Intensity of Earthquake
(C) Density of salt in Sea water
(D) Flow of electric current
(E) None of these

13. Which of the following best explains ‘e-governance’?
(A) Improving the functioning of government
(B) Teaching government emp-loyees the basics of computing
(C) Delivery of public services through internet
(D) Framing of cyber-laws of chatting on internet
(E) Convergence of e-mail and video-conferencing

14. CAS is associated with which of the following ?
(A) Legal System Reforms
(B) Piped gas line
(C) Cable T.V.
(D) Mobile phone regulation
(E) None of these

15. Tata Steel recently acquired the Corus, a steel giant situated in_____
(A) South Africa
(B) Ukraine
(C) Australia
(D) Italy
(E) Britain

16. Which of the following is the abbreviated name of the Organi zation/Agency working in the field of Space Research ?
(A) ISBN
(B) ISRO
(C) INTELSET
(D) INTACH
(E) None of these

17. ‘Handshaking’ in Networking parlance means
(A) connecting computers to a hub
(B) distributed Networks
(C) having same operating system on different computers
(D) sending e-mail
(E) None of these

18. VAT stands for
(A) Value And Tax
(B) Value Added Tax
(C) Virtual Action Tasks
(D) Virtual Assessment Tech-nique
(E) None of these

19. Alzheimer’sdiseaseistheailment of which of the following organs /parts of the human body ?
(A) Kidney
(B) Heart
(C) Liver
(D) Stomach
(E) Brain

20. Global warming is a matter of concern amongst the nations these days. Which of the follo-wing countries is the largest emitter of greenhouse gases in the World ?
(A) U.S.A.
(B) China
(C) India
(D) Britain
(E) None of these

21. Which of the following books has been written by Bill Gates ?
(A) Microsoft Secrets
(B) The Road Ahead
(C) The Elephant Paradigm
(D) e-commerce
(E) None of these

22. Which of the following is the name of the social network service run by the Google on the internet ?
(A) Online Space
(B) Orkut
(C) Net-Space
(D) Wikipedia
(E) None of these

23. Which of the following states is a relatively new addition ?
(A) Goa
(B) Delhi
(C) Uttarakhand
(D) Himachal Pradesh
(E) Bihar

24. DOT stands for___________
(A) Disc Operating Therapy
(B) Department of Telephones
(C) Directorate of Technology
(D) Damage on Time
(E) None of these

25. Which of the following States/ parts of India is completely land locked having no contact with sea ?
(A) Karnataka
(B) Orissa
(C) Maharashtra
(D) North-East
(E) None of these

26. TRAI regulates the functioning of which of the following servi-ces ?
(A) Telecom (B) Trade
(C) Port (D) Transport
(E) None of these

27. At present for the ATMs in India, the most commonly used net-work communication mode is__________
(A) Very Small Aperture Termi-nal (VSAT)
(B) General Packet Radio Ser-vice (GPRS)
(C) Code Division Multiple Access (CDMA)
(D) Dial-in Connection
(E) None of these

28. Which of the following is not a foreign bank operating in India ?
(A) DBS Bank Ltd.
(B) Sonali Bank
(C) J. P. Morgan Chase Bank
(D) Shinhan Bank
(E) All are Foreign Banks

29. Who is the author of the book ‘Future Shock’ ?
(A) Alvin Toffler
(B) Tom Peters
(C) Napoleon Hill
(D) Kenneth Blanchard
(E) None of these

30. Apex fares are________
(A) more than the normal fare
(B) less than the normal fare
(C) offered only to corporate clients
(D) applicable to late night flights only
(E) applicable to international flights only

31. Who amongst the following is the Director of the film ‘Water’ which was in news ?
(A) Vidhu Vinod Chopra
(B) Mrinal Sen
(C) Gulzar
(D) Mahesh Bhatt
(E) None of these

32. The 10th plan period is upto_______
(A) 2007 (B) 2008
(C) 2009 (D) 2010
(E) None of these

33. OPEC is a group of countries which are_______
(A) exporting oil
(B) producting cotton
(C) rich and developed
(D) developing and poor
(E) nuclear powers

34. Intel Company mainly pro-duces______
(A) Hard disks
(B) VCDs
(C) Monitors
(D) Software
(E) None of these

34. Intel Company mainly pro-duces_____
(A) Hard disks
(B) VCDs
(C) Monitors
(D) Software
(E) None of these

35. Who amongst the following is the M.D./Chairman of one of the major Steel Companies ?
(A) Shri L. N. Mittal
(B) Shri K. K. Birla
(C) Shri Vijaypat Singhania
(D) Shri Mukesh Ambani
(E) Shri Anil Agarwal

36. Who is the President of Nass-com?
(A) Kiran Karnik
(B) Narayana Murthy
(C) Pramod Desai
(D) Devang Mehta
(E) None of these

37. Which of the following awards is not given for excellence in the field of literature ?
(A) Booker Prize
(B) Nobel Prize
(C) Pulitzer Price
(D) Arjun Award
(E) Bharatiya Gnanpith Award

38. ‘Singur’ which was in news is a place in_____________
(A) Orissa
(B) West Bengal
(C) Jharkhand
(D) Bihar
(E) Maharashtra

39. Who amongst the following is the author of the book series named as ‘Harry Potter’ ?
(A) J. K. Rowling
(B) Lindsay Lohan
(C) Julia Roberts
(D) Sandra Bullock
(E) None of these

40. Which of the following Satellites recentlydedicatedtonation helps Direct to Home Television Ser-vice in India ?
(A) Matsat
(B) Edusat
(C) Insat–4b
(D) Insat–IB
(E) None of these

41. Many a times we read some news items about the ‘West Bank’. ‘West Bank’ is situated at the western side of the river__________
(A) Mississippi
(B) Amazon
(C) Nile
(D) Jordan
(E) None of these

42. Which of the following pheno-menon is considered responsible for ‘Global Warming’ ?
(A) Greenhouse Gas Effect
(B) Fox Fire
(C) Dry Farming
(D) Radioactivity
(E) None of these

43. Which of the following instru-ments is not issued by a bank ?
(A) Demand Draft
(B) Pay Order
(C) Debit Card
(D) Credit Card
(E) National Saving Certificate

44. Name of Jyoti Randhawa is asso-ciated with which of thecfollo-wing games ?
(A) Golf
(B) Badminton
(C) Hockey
(D) Chess
(E) None of these

45. Which of the following Software Companies recently launched its education portal ‘Unlimited Potential’ in India ?
(A) Microsoft (B) Infosys
(C) Wipro (D) TCS
(E) None of these

46. Polly Umrigar who died was a well known___________
(A) Cricketer
(B) Tennis Player
(C) Golfer
(D) Chess Player
(E) Hockey Player

47. In India Census is done after a gap of every____________
(A) Five years
(B) Seven years
(C) Eight years
(D) Ten years
(E) Fifteen years

48. Prof. Muhammad Yunus the recipient of the Nobel Peace Prize 2006 is the exponent of which of the following concepts in the field of banking ?
(A) Core Banking
(B) Micro Credit
(C) Retail Banking
(D) Real Time Gross Settlement
(E) Internet Banking

49. Who amongst the following was India’s official candidate for the post of UNO’s Secretary Gene- ral ?
(A) Mr. Shyam Saran
(B) Dr. C. Rangarajan
(C) Mr. Shashi Tharoor
(D) Mr. Vijay Nambiar
(E) None of these

50. Mr. Gordon Brown has taken over as the Prime Minister of_______
(A) Italy
(B) Canada
(C) France
(D) South Africa
(E) Britain

Answers with Explanation:-
1. (C) 2. (C) 3. (E) 4. (A) 5. (B) 6. (E) 7. (B) 8. (A) 9. (C) 10. (E) 11. (E) 12. (B) 13. (C) 14. (C) 15. (E) 16. (B) 17. (A) 18. (B) 19. (E) 20. (B) 21. (B) 22. (B) 23. (C) 24. (E) 25. (D) 26. (A) 27. (A) 28. (E) 29. (A) . 30. (B) 31. (E) 32. (A) 33. (A) 34. (E) 35. (A) 36. (A) 37. (D) 38. (b) 39. (a) 40. (c) 41. (d) 42. (a) 43. (e) 44. (a) 45. (a) 46. (a) 47. (D) 48. (b) 49. (C) 50. (E)

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SUNDAY, OCTOBER 3, 2010

VIJAYA BANK PROBATIONARY OFFICERS

General Awareness on

Socio-Economic

Developments

(HELD ON 2-3-2008)

1. The Foreign Exchange Reserve of India are kept in the custody of……
(A) World Bank
(B) International Monetary Fund
(C) Prime Minister Rahat Kosh
(D) Reserve Bank of India
(E) None of these

2. The Reserve Bank of India issues coins and notes of various denominations. At present RBI does not issue coins of which of the following denominations ?
(A) 10 paise
(B) 20 paise
(C) 25 paise
(D) 50 paise
(E) 1·00 Rupee

3. The European Union has adopted which of the following as a common currency ?
(A) Dollar
(B) Dinar
(C) Yen
(D) Peso
(E) Euro

4. Various Banks in the country have installed machines which disburse money to general public. These machines are called……
(A) Coin dispensing machines
(B) ATMs
(C) Debit Card Machines
(D) Ledger Machines
(E) None of these

5. Which of the following names is not associated with the insurance business in India ?
(A) Bajaj Allianz
(B) LIC
(C) GIC
(D) Tata AIG
(E) GE Money

6. Commodity Exchanges at various places in India are trading in many metals like gold, silver, etc. Many times we read in newspapers that gold no more has emained the highest trading option and has been replaced by a non-traditional metal known as……
(A) copper
(B) steel
(C) zinc
(D) white gold
(E) None of these

7. Which of the following is known as Plastic money ?
1. Demand Draft
2. Credit Card
3. Debit Card
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 2 and 3
(E) All 1, 2 and 3

8. Many a time we see a term in newspapers ‘IPO’. What is the full form of the same ?
(A) Indian Public Offer
(B) Institutional Purchase
(C) Industrial Purchase Order
(D) Indian Purchase Offer
(E) Initial Public Offer

9. Many a times we read in financial newspapers a term/name NMCEX. What is the full form of the same ?
(A) New Multi Capital Exchange
(B) National Medium Commodity Exchange
(C) National Multi Commodity Exchange
(D) Net Marketable Commodity Exchange
(E) None of these

10. Many Banks these days are entering into business of offering loans against property. This business of the banks can be categorized under which of the following heads of banking ?
(A) Corporate Banking
(B) Personal Banking
(C) Merchant Banking
(D) Portfolio Management Service
(E) None of these

11. Which of the following organizations/banks has done a commendable work in the field of micro finance and was awarded Nobel Prize also in the past ?
(A) Gramin Bank of Bangladesh
(B) CRY
(C) ASHA
(D) NABARD
(E) None of these

12. Nobel Prizes are not given for the performance in the area of…
(A) Literature
(B) Physics
(C) Chemistry
(D) Music
(E) Medical Science

13. In which of the following Hindi films has actor Shahrukh Khan played the role of a Hockey Coach ?
(A) Guru
(B) Chak De India
(C) Om Shanti Om
(D) Jab We Met
(E) None of these

14. Which of the following countries has not made any significant investment in India ?
(A) Japan
(B) USA
(C) Nepal
(D) Britain
(E) France

15. Which of the following is considered an informal method of getting credit/finance ?
(A) Internet Banking
(B) Branch visits
(C) Going to money lenders
(D) Tele Banking
(E) All of these

16. Which amongst the following nations is not a member of the SAARC ?
(A) Bangladesh
(B) Bhutan
(C) Nepal
(D) Maldives
(E) South Africa

17. Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country ?
(A) Inflation
(B) Sensex
(C) Human Development Index
(D) SLR
(E) None of these

18. Which of the following is not a Public Sector Unit/Undertaking/Agency ?
(A) ECGC
(B) SEBI
(C) SIDBI
(D) Axis Bank
(E) BHEL

19. Which of the countries represent letter ‘C’ in the category known as BRIC countries ?
(A) Canada
(B) Chile
(C) Cuba
(D) Croatia
(E) China

20. Who amongst the following addresses the nation on the Independence Day from the ramparts of the Red Fort, Delhi ?
(A) President of India
(B) UPA Chairperson
(C) Speaker of the Lok Sabha
(D) Prime Minister of India
(E) None of these

21. Which of the following awards is given for excellence in the field of sports ?
(A) Kalidas Samman
(B) Dhyanchand Award
(C) Shram Vir Award
(D) Shanti Swarup Bhatnagar Award
(E) None of these

22. Which of the following does not represent the name of a bank working in India ?
(A) YES
(B) HDFC
(C) TATA
(D) Kotak Mahindra
(E) Axis

23. Twenty-20 matches are played in the game of……
(A) Hockey
(B) Football
(C) Badminton
(D) Tennis
(E) Cricket

24. Which of the following deals between India and one major country was put on a hold for some time as India is finding difficult to implement it ?
(A) 123 Pact with USA
(B) Fifth generation fighter plane deal with Russia
(C) Heavy Water deal with Iran
(D) Border talks with China
(E) None of these

25. Which of the following is a type of tax levied by the Govt. on goods and services ?
(A) SAT
(B) NET
(C) PAN
(D) VAT
(E) None of these

ANSWERS :
1. (D) 2. (B) 3. (E) 4. (B) 5. (E) 6. (D) 7. (D) 8. (E) 9. (C) 10. (B)
11. (A) 12. (D) 13. (B) 14. (C) 15. (C) 16. (E) 17. (C) 18. (B) 19. (E) 20. (D)
21. (B) 22. (C) 23. (E) 24. (A) 25. (D)

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SATURDAY, SEPTEMBER 25, 2010

OBC PO EXAM SOLVED PAPER

ORIENTAL BANK OF COMMERCE PROBATIONARY

OFFICERS SOLVED PAPER

(Held on 16–3–2008)

GENERAL AWARENESS

1. Jayasuriya who decided to take retirement from Test Cricket is from which of the following countries ?

(A) Pakistan

(B) India

(C) West Indies

(D) South Africa

(E) Sri Lanka

2. In order to give impetus to agri-culture which of the following states has launched Contract Farming Scheme ?

(A) Jammu and Kashmir

(B) Orissa

(C) West Bengal

(D) Haryana

(E) None of these

3. Dola Banerjee who won a Gold Medal in an international games event in November 2007 is asso-ciated with :

(A) Archery

(B) Badminton

(C) Table tennis

(D) Swimming

(E) None of these

4. Who amongst the following is the highest wicket taker in the history of Test cricket in the world ?

(A) R. Hadlee

(B) Kapil Dev

(C) Anil Kumble

(D) Shane Warne

(E) Mutthiah Muralidharan

5. Late Benzair Bhutto was associa-ted with which of the following political parties ?

(A) Muslim League

(B) Pakistan National Congress

(C) Pakistan People’s Party

(D) National Forum of Pakistan

(E) None of these

6. Zhang Zilin who was adjudged as the Miss World 2007 is from which of the following coun- tries ?

(A) South Africa

(B) Russia

(C) South Korea

(D) Vietnam

(E) China

7. Which of the following is not considered as a green House Gas ?

(A) Methane

(B) Carbon dioxide

(C) Nitrous oxide

(D) Oxygen

(E) All these are not green house gases

8. Which of the following terms is not a financial term ?

(A) Investment

(B) El Nino effect

(C) Core banking Solution

(D) RTGs

(E) All are financial terms

9. Who amongst the following is the Chairperson of the 13th Finance Commission ?

(A) Dr. C. Rangarajan

(B) Dr. Bimal Jalan

(C) Dr. Rakesh Mohan

(D) Dr. Vijay Kelkar

(E) None of these

10. The Green revolution in India was the outcome of the efforts of who amongst the following ?

(A) Dr. M. S. Swaminathan

(B) Dr. C. Rangarajan

(C) Mr.K. V. Kamath

(D) Dr. Rakesh Mohan

(E) None of these

11. Which of the following is a project to develop watersheds in India ?

(A) DRDO

(B) CARE

(C) AVARD

(D) NWDPRA

(E) None of these

12. Who amongst the following is the author of the book ‘The Namesake’ ?

(A) Salman Rushdie

(B) Steve Waugh

(C) Monica Ali

(D) V. S. Naipaul

(E) Jhumpa Lahiri

13. Which of the following countries launched its first Lunar Orbiter ‘Change–I’ ?

(A) India

(B) South Korea

(C) China

(D) France

(E) None of these

14. Who amongst the following is ranked No. 1 Tennis players amongst the women players ? (as per recent ranking)

(A) Maria Sharapova

(B) Ana Ivanovic

(C) Sania Mirza

(D) Justine Henin

(E) None of these

15. The Information and Broadcas-ting Ministry has selected which of the following pairs for its prestigious ‘Life Time Achieve-ment Award’ given away recen-tly ?

(A) Amitabh Bachchan and Jaya Bachchan

(B) Rajesh Khanna and Dilip Kumar

(C) Asha Bhosle and Lata Man-geshkar

(D) Lata Mangeshkar and Dilip Kumar

(E) None of these

16. Many a times we read in news-paper about the benefits of National Electronic, Funds Trans-fer (NEFT) a delivery service launched by the bank. Why banks advocate for such delivery channels ?

1. It is a system in which no physical transfer takes place hence risk is very low.

2. In this system banks are not required to transfer any money actually to the account of the customer. Only book adjustment is done. Hence actual fund is not needed.

3. This facility is available to anybody at any place. Even having a bank account is not at all necessary.

(A) Only (1) is correct

(B) Only (2) is correct

(C) Only (3) is correct

(D) Both (1) and (2) are correct

(E) All (1), (2) and (3) are correct

17. The prestigious Indira Gandhi National Award for Peace Disar-mament and Development 2006 was conferred upon whom amongst the following ?

(A) Prof. Wangari Maathai

(B) Mr. Phillips Talbot

(C) Mr. Damilo Turk

(D) Ms. Doris Lessing

(E) None of these

18. As reported in the newspapers China has asked its banks to put 12·5% money instead of earlier 12% as CRR. This correction in CRR is made for the seventh time in last one year. Why did China have to take this step again and again and so frequently ?

1. It will put a curb on lending of the money by the banks.

2. It will help Govt. of China to tame the rate of inflation.

3. It will help poor to get easy loans at cheaper rates from the banks as higher CRR brings more money for acti-vities of the social sector.

(A) Only (1) is correct

(B) Only (2) is correct

(C) All (1), (2) and (3) are correct

(D) Only (3) is correct

(E) Both (1) and (2) are correct

19. NRI Day is observed on which of the following days ?

(A) 9th February

(B) 9th January

(C) 19th February

(D) 19th March

(E) 9th March

20. Which of the following isnot a mode of foreign capital inflow to India ?

(A) FDI

(B) FII

(C) NRI Accounts

(D) No Frills Accounts

(E) All these are valid for foreign capital inflow

21. India-European Union Summit 2007 was organized in November 2007 at New Delhi. Which of the following is true about the same ?

1. A landmark MOU was signed by both the parties which envisages that EU would help India to achieve millennium Goals.

2. EU will plead India’s case of more subsidy to agro sector in WTO meets.

3. Both the parties reaffirmed their commitment to the rule based multilateral trading system.

(A) Only (1) is correct

(B) Only (2) is correct

(C) Only (3) is correct

(D) Both (1) and (3) are correct

(E) All (1), (2) and (3) are correct

22. Mr. Kevin Rudd is the new :

(A) President of Australia

(B) Prime Minister of Australia

(C) President of Argentina

(D) Prime Minister of Argentina

(E) Secretary General of UNO

23. The 53rd Commonwealth Heads of Government Meeting (CHO-GM) was organized at which of the following places in Novem-ber 2007 ?

(A) Kampala

(B) London

(C) New Delhi

(D) Perth

(E) None of these

24. As per the reports published in the news papers/magazines the overall credit (credit by banks) grew by over Rs. 1,00,000 crores in 2005-06 and 2006-07. Which of the following sectors was one single main contributor to this boom ?

(A) Housing and real estate sector

(B) Agriculture sector

(C) Business loans to doctors and account professionals

(D) Manufacturing Sector

(E) None of these

25. Many times we see banks adver-tise—“Anywhere Banking : Any-time Banking”. Which of the following products/facilities launched by banks make it possible for the customers to avail banking services 24 hours all seven days ?

1. ATM

2. Internet Banking

3. Universal Cheque book facility

(A) Only (1)

(B) Only (2)

(C) Both (1) and (2)

(D) Only (3)

(E) All (1), (2) and (3)

26. Which of the following organiza-tion/agencies has asked all the banks in India to form customer service panels at branch levels ?

(A) Indian Bank’s Association

(B) Reserve Bank of India (RBI)

(C) Supreme Court of India

(D) Securities and Exchange Board of India (SEBI)

(E) None of these

27. As we all know Securities and Exchange Board of India (SEBI) has taken some corrective steps to restrict functioning of Partici-patory Notes (P-Notes) in Indian Stock Markets. Why are P-Notes considered dangerous for the financial markets of a country ?

1. This allows a foreign inves-tor to invest funds without knowing the history/finan-cial health of a company. If Company fails foreign investors lose their money. Govt. of India does not want this as this will bring a bad name to the country.

2. P-Notes allow foreign inves-tors to buy shares of blue chip companies without following know Your Custo-mer (KYC) norms. Hence money invested here may not be from a valid and legal source.

3. P-Notes are launched to arrange funds only for social schemes. Due to huge funds available with NRI for investment they are sending it in bulk. Hence cost of such investments is very high and it is not commercially viable for banks to accept such investments.

(A) Only (1) is correct

(B) Only (2) is correct

(C) Only (3) is correct

(D) Both (1) and (2) are correct

(E) None of these

28. The Banking Industry a few years back was badly in the grip of Non Performing Assets (Bad loans) for which the RBI and banks took special measures. As per the latest financial reports of the industry, what is the status of NPAs at present ?

1. There are no NPAs now as not a single loan of Rs. 5 lakhs and above is given by the bank without proper paperwork.

2. As reported of 2006-07 the NPAs have declined.

3. As the interest rates are very high banks are not providing loans to middle class and poor general borrows. Hence NPAs in private and personal bank-ing area are ‘zero’ where as in industrial credit sector NPAs are still at the level of 22 per cent.

(A) Only (1) is correct

(B) Only (2) is correct

(C) Both (1) and (2) are correct

(D) Only (3) is correct

(E) None of these

29. Which of the following car com-panies has launched a small cheaper car ‘Nano’ ?

(A) Maruti Suzuki Udhyog Ltd.

(B) Hyundai Motor India Ltd.

(C) Tata Motors Ltd.

(D) Hindustan Motors Ltd.

(E) None of these

30. The Govt. of India in general and the Banks in particular are very much after the ‘Financial Inclu-sion’ a goal which both of them wish to achieve as early as pos-sible. What is the actual meaning of ‘Financial Inclusion’ ?

1. Each and every individual above the age of 21 years should have an employ-ment and/or independent source of income enough for him/her to sustain.

2. It is a concept which envi-sages that maximum people in India should have access to banking services.

3. Banking services should be provided only to those who have a valid and legal source of income as Govt. of India wants each and every per-son in the income tax net irrespective of the level of their income.

(A) Only (1) is true

(B) Only (2) is true

(C) Only (3) is true

(D) Both (1), (2), (3) are true

(E) None of these

31. As per the reports in the major financial newspapers India has urged China to redress imba-lance in trade. What does it really mean ? It means…………

(A) India exports more items to China whereas China does not export much to India

(B) India is not able to export much to China whereas its import from China is of higher value

(C) China and India are not at all trade partners. Hence there is no transaction between the two countries

(D) As per WTO laws India is supposed to export food grains to China. But China has not placed any order for the same in 2006-07. It has also refused to accept 200 lakh tonnes of wheat exported to it by India.

(E) None of these

32. As reported in the newspapers the collection of Direct Taxes which includes IT, FBT, STT and BCTT grew by about 50% during the current fiscal year. Which of the following is the name of the tax levied on a cash withdrawal or deposit from/to a bank ?

(A) IT (B) FBT

(C) STT (D) BCTT

(E) None of these

33. As reported in some financial newspapers some banks in India (including major banks) these days are not accepting US dollar transactions from Iranian buyers. Which of the following is the major reason of banks not accep-ting such transactions from Iran ?

1. USA has put a ban on major iranian Banks hence Indian banks are also not accepting transaction from Iran as they do not get return of the same from it.

2. Iran is facing a major Reces-sion hence all Banks have stopped major transactions with Iranian banks.

3. Iran has declared itself as an Islamic country and hence its banking is also Islamic Banking. This is the reason owing to which most of the countries are not able to develop financial ties with it.

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) Both (1) and (2)

(E) All (1), (2) and (3)

34. As reported in some major financial news papers many times it is said that ‘Other Income’ boosts the profit of a bank to a substantial level. What is this other income for a bank ? (Pick up the option (s) which are the part (s) of this other income)

1. Commission for selling insurance policies.

2. Fee for providing various services (like ATM/Extra cheque etc.)

3. Interest on advances and loans.

(A) Only (1)

(B) Only (2)

(C) Both (1) and (2)

(D) Only (3)

(E) All (1), (2) and (3)

35. Amongst the BRIC nations the GDP of which of the following took a fast growth of 11·5% in recent past ?

(A) None (B) Brazil

(C) Russia (D) India

(E) China

36. Which of the following is the achievement/outcome of Mrs. Sonia Gandhi’s visit to China in October 2007 ?

1. A working group is estab-lished to prepare a frame-work for the settlement of boundary issue.

2. China has agreed to support India’s claim to have a permanent seat in UN Security Council.

3. China agreed to stop all exports to Pakistan till it switches over to a democra-tically elected government.

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) Both (1), (2) and (3)

(E) None of these

37. As reported time and again and in the media most of the Indian Industrialists are against a regional trade pact with China. Why China is not a preferred partner in trade and business activities in India ?

1. India has already instigated maximum number of cases against China under anti dumping laws.

2. China is not a quality cons-cious country. Hence the products are not of good market value.

3. China has maximum trade agreements with those countries whose activities are not liked by India and some major countries of E.U. China is importing goods from them and redirecting it to India.

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) All (1), (2) and (3)

(E) None of these

38. India has a regional trade pact SAFTA. This pact is with mem-bers of which of the following group of countries ?

(A) IBSA (B) EU

(C) OPEC (D) BRIC

(E) SAARC

39. As reported in some news-papers/magazines some banks have decided to install Biometric ATMs so that fraudulent with-drawals can be prevented. Bio-metric ATMs will be able to do so as it also checks—

1. Signatures of the card holdes.

2. Finger prints of the card holders.

3. Skin colour of the card holders.

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) Both (1) and (3)

(E) All (1), (2) and (3)

40. Which of the following schemes is launched specifically for helping Senior Citizens to avail loan by mortgage of their resi-dential property ?

(A) English mortgage scheme

(B) Senior Capital Loan scheme

(C) Reverse Mortgage Loan scheme

(D) DEMAT Account Scheme

(E) None of these

41. Who amongst the following received the Nobel Prize 2007 for Medicine ?

1. Martin Evans

2. Mario Capecchi

3. Oliver Smiths

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) Both (1) and (3)

(E) All (1), (2) and (3) jointly

42. A summit of which of the follo-wing two countries took place for the first time recently which is being considered a big leap in the direction of diffusing conflict between them from last 50 years ?

(A) China–Russia

(B) Vietnam–USA

(C) China–Pakistan

(D) Russia–USA

(E) South-Korea–North Korea

43. The Gorkha Hill Council is in function in which of the follo-wing districts of West Bengal (Since October 2007) ?

(A) Midnapore

(B) Birbhum

(C) Nadia

(D) Howrah

(E) Darjeeling

44. Prime Minister of India was on a visit to Russia in November 2007. Which of the following is/are the outcome of his meeting with Russian Leaders ?

1. Both the countries signed an agreement for their joint space programme.

2. India signed a nuclear deal with Russia for construction of four new Nuclear Reac-tions in Tamil Nadu.

3. India and Russia agreed to take a joint military action to stop insurgency problem in some parts of India.

(A) Only (1)

(B) Only (2)

(C) Both (1) and (2)

(D) Only (3)

(E) All (1), (2) and (3)

45. The Govt. of India has decided to take a major stake in Sakhalin IV and Sakhalin V oil fields. Both these oil fields are situated in which of the following countries ?

(A) Brazil

(B) Russia

(C) China

(D) Saudi Arabia

(E) None of these

46. The Planning commission of India has established a National Fund to improve the distribution of which of the following in the country ?

(A) Electricity

(B) Cooking gas

(C) Food grains through public distribution system

(D) Fresh currency notes

(E) None of these

47. The US economy is in a bad shape these days as a slow down is noticed in it in recent past. What will be its impact on ‘Global economy’ in general ?

1. Dollar will be depreciated.

2. Export from European mar-kets will gain strength.

3. Interest rates of short term loans in money market will shoot up sharply as demand for short term rupee loan will shoot up.

(A) Only (1)

(B) Only (2)

(C) Both (1) and (2)

(D) Only (3)

(E) All (1), (2) and (3)

48. As published in the newspapes the RBI has issued certain guide-lines to be followed by the Recovery Agents appointed by the banks. In addition to this the Indian Bank Association (IBA) has to formulate a special training course for them. Why RBI and IBA has to come into picture for such an issue which is the res-ponsibility of the banks ?

1. RBI and Govt. were getting many complaints from the public about the misbeha-viour of Recovery agents.

2. Govt. of India is paying much emphasis on provi-ding banking services to the poor section of society. News about ill treatment by agents or suicides due to inability to payback loans create a negative picture. RBI do not want this to hap-pen.

3. Despite banks efforts to recover loans many people still do not wish to repay their loans intentionally. Recovery agents will help banks to get their money back by all possible means.

(A) Only (1)

(B) Only (2)

(C) Both (1) and (2)

(D) Only (3)

(E) All (1), (2) and (3)

49. The imports of which of the following items from Indiahas been lesser than its Exports of the same during 2007-08 ?

(A) Oil (B) Chemicals

(C) Steel (D) Tea

(E) None of these

50. The Planning commission of India decided to fix the target growth of GDP during 11th Five year plan at 9%. What was the growth rate in 10th plan period ?

(A) 4% (B) 8%

(C) 5·5% (D) 7·6%

(E) 6·7%

Answers with Explanations :

1. (E) 2. (D) 3. (A) 4. (E) 5. (C)

6. (E) 7. (D)

8. (B) ‘El-Nino’ is the nature’s Vicious Cycle caused due to deranged weather pattern, as happed the giant El-Nino of 1997-98, killed about 2,100 people.

9. (D) 10. (A)

11. (D) ‘NWDPRA’ (National Water- shed Development Project for Rainfed Area) was launched in 1990-91 for 25 states and 2 UTs in the country for rainfed farming.

12. (E) 13. (C)

14. (D) With 6330 Points, Justine Henin is at the First Place.

15. (D) 16. (D) 17. (A) 18. (E) 19. (B)

20. (D) 21. (D) 22. (B) 23. (C) 24. (B)

25. (E) 26. (B) 27. (D) 28. (C) 29. (C)

30. (B) 31. (A) 32. (D) 33. (D) 34. (D)

35. (E) 36. (A) 37. (B) 38. (E) 39. (E)

40. (C)

41. (E) The ‘Nobel Prize, 2007’ in Medicine/or Physiology was awarded jointly to Mario R. Capecchi (USA), Sir Martin J. Evans (UK) and Oliver Smiths (USA) i.e., 1/3 of the prize to each, announced on 8th Oct., 2007 at Karolinska Institute by the Nobel Assembly.

42. (E) 43. (E) 44. (A) 45. (B) 46. (C)

47. (E) 48. (A) 49. (D)

50. (B) In 10th Plan (2002-07), ‘NDC’ (National Development Council) envisaged an average growth rate of 8%.