CAREER JOURNAL Headline Animator

Wednesday 16 November 2011

BANK EXAMS GENERAL AWARENESS MCQs

1. Which of the following is NOT a special, programme undertaken as Crop Production Programme?
a. Intensive Cotton Development Programme                              
b. Integrated Cereal Development Programme             
c. Special Jute Development Programme                                  
d. Integrated Rural Development Programme              
 e. All are included
2. Which of the following services has been introduced recently by the Reserve Bank of India and SEBI in India for the first time?
A. Trading of currency futures
B. Opening of NRI accounts in Indian currencies
C. Foreign Direct Investment through Participatory Notes (PNs) by the Foreign Institutional Investors
a. Only A.             
b. Only B.              
c. Only C               
d. All A, B and C.                 
e. None of these
3. Which of the following is/are different categories of inflation?
A. Open and suppressed                    
B. Cost-push                         
C. Demand-pull
a. Only A               
b. Both A and B                   
c. Both B and C                   
d. All A, B and C                                  
e. None of these
4. As we know, some new Initiatives were introduced in   the area of Fiscal Management by the Government of India. Which of the following acts was passed a few years back to keep a check on the fiscal indiscipline on macro-economic parameters?
a. FERA                
b. FRBMA            
c.  FEMA                    
d. Public Debt Act                
e. None of these
5. Which of the following is NOT a social sector programme being run by the government of India?
a. Jawaharlal Nehru National Urban Renewal Mission                               
b. National Rural Health Mission                     
c. National Agricultural Insurance Scheme                                         
d. Sarva Shiksha Abhiyan                 
e. Mid Day Meal Scheme
6. A State Mission on Urban Poverty has been formed by which of the following states in India?
a. Gujarat              
b. Maharashtra                   
c. Rajasthan                         
d. Kerala                
e. Tamil Nadu
7. The Reserve Bank of India has recently issued guidelines to banks on Pillar2 of Basel II frame work.
Pillar 2 deals with which of the following?
A. Better human resource management
B. Adequate capital to support risks
C. Better profitability with minimum number of employees
a. Only A               
b. Only B              
c. Only C               
d. All A, B. and C                 
e. None of these 
8. The formal or institutional credit delivery system in rural India comprises which of the following?
A. Cooperative Credit Institutions   
B. Commercial Banks                        
C. Regional Rural Banks
D. Self-Help Groups
a. Only A and B   
b. Only C and D                   
c. Only A, B and C              
d. Ail A, B, C and D                            
e. None of these
9. The Reserve Bank of India has decided to help banks, as a temporary measure, by providing additional liquidity support under LAF. What is the full form of LAF?
a. Loan Adjustment Fund 
b. Liquidity Adjustment Facility                      
c. Long Awaited Funds                      
d. Loan Against Funds                      
e. None of these

10. The Government of India recently decided to allow Currency Futures in India. In addition to the Ministry of Finance, which is/are the other organization(s) whose permission/approval is needed for such operations in India?
A. International Monetary Fund (IMF)
B. Reserve Bank of India (RBI).
C. Securities and Exchange Board of India (SEBI)
a. Only A               
b. Only B               
c. Only C               
d. Only A and B                   
e. Only B and C
11. Which of the following states became the first state in India to reserve government jobs for HIV+ candidates?
a. Maharashtra                    
b. Kerala                
c. Karnataka                        
d. Delhi 
e. None of these
12. Many times we see in newspapers that some projects are launched by the government authorities on 'PPP' basis. What is the full form of 'PPP'?
a. Preferential Payment Plan            
b. Public Private Partnership             
c. Partial Payment Project                
 d. Popular Private Project 
e. Public Private Plan
13. Which of the following is NOT a social assistance programme launched by the Government of India?
a. National Old Age Pension Scheme               
b. Annapurna Scheme             
c. National Family Benefit Scheme
 d. Indira Awaas Yojana                                      
e. All are included
14. An industry which fight hard to increase its market share in existing market (with new popular product) is known as
a. Market vendor                
b. Market operator                             
c. Market leader   
d. Market follower                
e. Market challenger
15. Which of the following is/are the objectives of developing Special Economic Zones (SEZs)?
A. Generate additional economic activities    B. General additional employment opportunities                        
 C. Promotion of export of goods and services
a. Only A                              
b. Only B                               
c. Only C.              
d. Only A and B. 
e. All of these
16. Janani Suraksha Yojana scheme, a centrally sponsored scheme aimed at reducing maternal and infant mortality rates and increasing institutional deliveries below poverty line (BPL) families, comes under the umbrella of
a. National Rural Health Mission
b. National Rural Employment Guarantee Scheme
c. Bharat Nirman
d. National Urban Health Mission
e. None of these
17. A Bank/Financial Organisation these days relies heavily on e-commerce for its transaction. As a Part of systems security, it has introduced organisation's security awareness manual. This step of the organisation can be classified under which of the following categories of measures for a business?
a. Preventive                         
b. Compliance                      
c. Corrective         
d. Detective           
e. None of these
18. Which of the following products of a bank is specifically designed to provide financial help to children in their higher studies in India or in a foreign nation?
a. Personal Loan 
b. Corporate Loan               
c. Educational Loan           
d. Mortgage Loan                                 
e. None of these

19. A customer wishes to purchase some US dollars in India. He/she should go to
a. Public Debt Division of the RBI only                         
b. American Express Bank only      
c. RBI or any branch of a bank which is authorized for such business
d. Ministry of Foreign Affairs
e. None of these
20. Which of the following policies of the financial sector is basically designed to transfer local financial assets into foreign financial assets freely and at market determined exchange rates?
A. Policy of Capital Account Convertibility                  
b. Policy of Financial Deficit Management    
c. Policy of Minimum Support Price                                                
d. Policy of Restrictive Trade Practices                            
e. None of these
21. Which of the following products launched by most of the banks help farmers in getting instant credit for various agricultural purposes?
a. Kisan Credit Card                           
b. Personal Loan  
c. Business Loan 
d.ATM Card                        
e. None of these
22. Which of the following financial products are NOT much popular in India as they have been launched only recently?
a. Development Bonds                                      
b. Insurance Policies                          
c. Mutual Funds                    
d. Sovereign wealth Funds                               
e. All are very popular
23. Which of the following policies of a country brings a crucial impact on the economic growth of the nation?
A. Fiscal Policy                                     
B. Foreign Policy                  
C. Social Policies
a. Only A               
b. Only B               
c. Only A and B   
d. Only B and C                    
e. All A, B and C
24. In India, Minimum Support Prices are announced by the Government of India every year. Which of the following commodities is not covered under this policy?
a. Sugar                 
b. Wheat                
c. Cotton               
d. White goods                      
e. All are covered
25. The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector, this type of phenomenon is known as
a. Probability risk                 
b. Market risk                       
c. Inflation risk                     
d. Credit risk                                         
e. None of these
26. Which of the following countries has proposed the United Nations to host a global grain reserve to avoid price fluctuations by contributing 10-12 million tonnes of grain to such a reserve?
a. Ukraine                             
b. Russia                                
c. Indonesia                          
d. India             
e. None of these
27. Who is India's permanent representative of the United Nations?
A. A Gopinathan                 
b. Ujal Sing Bhatia              
c. Hardeep Puri    
d. Ravi Bangar                                     
e. None of these
28. British singer and song writer Amy Winehouse, whose self-destructive habits overshadowed a distinctive musical talent, was found dead in her London house recently. For which of her albums did she win five Grammy awards?
a. Back to Black 
b. Stronger Than Me                           
c. Rehab                               
d. Love is Losing Game      
e. None of these

29. Which of the following became the first Baltic nation to sign a double taxation avoidance agreement with India?
a. Lithuania          
b. Spain                 
c. Estonia              
d. Poland                
e. None of these
30. Which of the following nations became the first European nation since 1995 to allow its citizens to visit Kashmir after it revised an advisory that had cautioned against trips to Kashmir?
a. Germany           
b. France               
c.UK                      
d. Spain                 
e. Italy 
31. In a landmark move, which of these state governments has set up a Savarna Aayog, a commission to identify the deprived and underprivileged families among upper castes?
a. Uttar Pradesh   
b. Bihar 
c. Madhya Pradesh             
d. Rajasthan         
e. None of these
32. In which of the following countries did the military leadership resign en mass recently, in protest against the government's decision to block promotions of officers accused of plotting a coup?
a. Thailand                          
b. Pakistan           
c. Turkey               
d. Spain                
e. None of these
33. In which of the following countries has the ruling party taken an Initiative to introduce legislation that would allow it to charge three former Socialist prime ministers with mismanaging public finances?
a. Hungary                            
b. Poland               
c. Czech Republic                
d. Venezuela             
e. None of these
34. Which of the following countries has decided to shut down the Mox nuclear facility at Sellafield because of the damage caused by the Fukushima disaster to Japan's nuclear Industry?
a. Australia                           
b. Germany           
c. Britain                
d. New Zealand       
 e .None of these
35. In which of the following places did thousands of people march in streets for the right to hold a referendum for independence from the parent country?
a. Palau                 
b. South Sudan                   
c. Kosovo              
d. Papua New Guinea              
e. None of these
36. In which of the following countries did the government have to unveil a new industrial policy featuring measures like tax breaks, preferences for local firms in government procurement and quadrupling of the number of inspectors to monitor imports, in order to help manufacturers cope with the strength of Chinese imports?
a. Mongolia          
b. Brazil                 
c. Vietnam                            
d. Mexico              
e. None of these
37. The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal for enhancement of parental income ceiling for eligibility of post-metric scholarship for students of Other Backward Classes (OBCs) from Rs. 44,500 to
a. Rs70,500          
b.Rs80,000          
c. Rs.90,000                         
d. Rs 1 lakh           
e. None of these
38. The 800-MW Koldam hydro power project in Himachal Pradesh which will be operational in 2011-12 and the 620-MW Am6chhu hydro power project, are being constructed by
a. National Hydro Power Corporation           
b. National Thermal Power Corporation                 
c. Reliance Energy d. Tata Power                                                            
e. None of these
39. Which of the following steel companies of India has announced to have signed a memorandum of understanding (MoU) with the British-Australian multinational mining giant Rio Tinto for the joint commercialization of HIsmelt technology, the world's first commercial direct smelting process for making iron straight from the ore?
a. Tata Steel                         
b. Essar Group                      
c. Jindal Steel                        
d. Rashtriya Ispat Nigam Ltd            
e. KVS Ispat
40. To which of the following planets has NASA recently launched the unmanned solar-powered satellite observatory named Juno on a five-year journey?
a. Mars 
b. Saturn               
c. Venus 
d. Jupiter                
e. None of these
41. In which of the following states lathe National Thermal Power Corporation (NTPC) planning to invest `1 lakh crore to set up India's largest hydro power project?
a. Himachal Pradesh                          
b. Sikkim               
c. Arunachal Pradesh                         
d. Meghalaya                       
e. None of these
42. Against which of the Indian directors of Goldman Sachs, global investment banking securities firm, the US Securities and Exchange Commission (SEC) has agreed to drop an administrative action for passing inside information to the Galleon Group?
a. Sonjoy Chatterjee                           
b. Karan Bhagat  
c. Anshu Jain                        
d. Rajat Gupta                  
e. None of these
43. Which of the following institution has been given this year's Rajiv Gandhi National Sadbhavana Award for promotion of communal harmony, peace and goodwill?
a. Vidya Bhavan                 
b. Sahmat                             
c. Ramkrishna Mission                       
d. SPIC-MACAY  
e. None of these
44. Who among the following has written "The Times of My Life" as his/her autobiographical reflections?
a. Karan Thapar 
b. Jug Suraiya                       
c. Madhu Limaye                                
d. Shobha De                         
e. None of these
45. For which of the following countries has the international credit agency Standard & Poor's downgraded its credit rating from AAA to AA+ for the first time in history?
a. Greece                              
b. China                                
c.US                        
d. Japan                
e. Italy
46. The world's largest economy, the United States of America, is undergoing a deep debt crisis. What is the rank of India among the debtor countries to the USA?
a. First                    
b. Second                              
c. Third                  
d. Fourth                
e. None of these
47. What was the growth rate of the Gross Domestic Product (GDP) of India during the fiscal year      2010-11?
a.7.5%                   
b.8%                       
c.8.5%                    
d.9%                       
e.9.5%
48. In which of the following international film festivals is there an Open Doors section, which started this year with a special focus on India?
a. Cannes Film Festival                      
b. Locarno Film Festival                    
c. Berlin Film Festival                                          
d. Jerusalem Film Festival  
e. None of these
49. Who among the following has taken over as the Prime Minister of Tibet's government-in-exile?
a. Samdhong Rinpoche                      
b. Lobsang Nyima                               
c. Thupten Lungrig                                               
d. Lobsang Nyandak                                
e. Lobsang Sangay
50. In which of the following states is the Central Government all set to open an exclusive Sainik (military) school for girls in a bid to have more women officers in defence forces?
a. Uttaranchal                      
b. Madhya Pradesh                             
c. Maharashtra                    
d. Kerala                                
e. None of these

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

7.E* - Pillar 2 gives banks a power to review their risk management system.

No comments:

Post a Comment