1.Which country's lower house of Parliament is called Wolesi Jirga?1) Russia2) Afghanistan3) Japan4) Pakistan5) Bangladesh2.Which of the following statements is/are correct?1)The UNESCO-Madanjeet Si-ngh Prize for the Promotion of Tolerance and Non-Violence is a prize awarded every two years by UNESCO.2)This award has been instituted in memory of Mahatma Gandhi.3)This prize of US $ 1, 00,000 was made possible by the donation of the Indian diplomat Madanjeet Singh who is also the Goodwill Ambassador of UNESCO.4) The 2011 awardees are Afgh-anistan's women's rights campaigner Anarkali Honaryar and Palestinian peace activist Khaled Abu Awwad.5) All the above statements are correct.3.Who among the following was chosen for theUNESCO-Madanjeet Singh Prize for the Promotion of Tolerance and Non-Violence in 2002, but was allowed to accept the prize only in November 2011?1) Taslima Nasreen (Bangladesh)2) Aung San Suu Kyi (Myanmar)3) Francois Houtart (Belgium)4) Abdul Sattar Edhi (Pakistan)5) None of these4.Which of the following days is observed as the International Day for Tolerance?1) October 22) November 163) October 244) October 165) November 145.Scientists have found the best evidence yet for water just beneath the surface of Europa. Europa is the icy moon of which of the following planets?1) Mars2) Saturn3) Jupiter4) Venus5) Uranus6.Which of the following countries is not a member of the Nuclear Suppliers Group (NSG)?1) USA2) Australia3) Canada4) India5) France7.Metro Cash& Carry is planning to invest Rs. 2400 crore in India on new stores in the next four years. To which country does this retailing giant belong?

1) Germany2) Indonesia3) Singapore4) Malaysia5) USA8.The renovated Advanced Landing Ground (ALG) of Vijay-nagar, a completely air-mainta-ined and strategically located human settlement, was inaugur-ated recently. In which state is this Vijaynagar airfield located?1) Assam2) Nagaland3) Karnataka4) Arunachal Pradesh5) None9.A delegation from the Unites States Nuclear Regulatory Commission (USNRC) visited the nuclear facilities at Kalpakkam.In which state is Kalpakkam situated?1) Karnataka2) Kerala3) Tamil Nadu4) Maharashtra5) None of these10.The United Nations General Ass-embly has re-elected who among the following as a member of the International Law Commission (ILC) for a five- year term?1) Mota Singh2) Narinder Singh3) Swaraj Paul4) P.Venkat Ram Reddy5) None11.What is the disinvestment target for the current financial year i.e. 2011-12?1) Rs.25, 000 crore2) Rs.30, 000 crore3) Rs.40, 000crore4) Rs.50, 000 crore5) None12.Gloria Macapagal Arroyo was arrested for electoral fraud recently. She was the President of which of the following countries from 2001 to 2010?1) Singapore2) Philippines3) Venezuela4) Honduras5) Vietnam13.Sarath Fonseka was sentenced to spend three more years in prison in November 2011. He is the former army chief of which of the following countries?1) Nepal2) Mauritius3) Sri Lanka4) Pakistan5) Myanmar

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14.Which of the following badmi-nton tournaments was won by Saina Nehwal in the year 2011?1) Singapore Super Series2) Indonesia Super Series3) Hong Kong Super Series4) All England Badminton Championship5) None15.Guru Saidutt excelled in which of the following sports?1) Table Tennis2) Badminton3) Lawn Tennis4) Volleyball5) Basketball16.Which of the following trains covers the largest rail route in the country 4,286 km?1) Vivek Express (Dibrugarh to Kanya Kumari)2) Himsagar Express (Jammu Tawi to Kanya Kumari)3) Dibrugarh-Chennai Express4) Howrah-Amritsar Express5) None of these17.Sukh Ram was sentenced to five years' imprisonment by a special CBI Court in November 2011. He was a Minister of State for Communications in which of the following governments?1) A.B.Vajpayee2) P.V.Narasimha Rao3) Rajiv Gandhi4) Indira Gandhi5) None18.Eurasian Union is an economic body designed to reintegrate the former Soviet economies. Which of the following countries is not a member of this new group?1) Russia2) Kazakhstan3) Belarus4) Georgia5) All the above mentioned countries are members19.Basil D' Oliveira, the South Africa-born English player passed away recently. He was a renowned player in which of the following sports?1) Football2) Cricket3) Rugby4) Basketball5) Boxing20.Which Indian leader was honored by Singapore as a "Friend toour Shores" and a "Visionary" in November 2011?1) Jawaharlal Nehru2) Mahatma Gandhi3) Sardar Vallabhbai Patel4) Indira Gandhi5) A.B.Vajpayee21.Which of the following groups/ organizations has funded a sports centre in Ramallah, Palestine?

1) BRICS2) BASIC3) IBSA4) SAARC5) APEC22.Which was the first non-Arab state to recognize the PalestineLiberation Organization (PLO) in 1975?1) India2) Israel3) China4) USA5) France23.The Bar Council of India (BCI) was formed in 1961 as aregulatory body for the legal profession governed by the IndianAdvocates Act. It is celebrating its golden jubilee. Who is its presentChairman?1) Satish Abarao Deshmukh2) Ashok K. Parija3) S.Prabakaran4) T.S.Ajith5) None of theses24.Tipaimukh Dam is a proposed dam on the river Barak in whichstate of India? (This project has led to a controversy between Indiaand Bangladesh)1) Assam2) Nagaland3) Manipur4) Tripura5) Arunachal Pradesh25.Which team was crowned overall champions at the 65th SeniorNational Aquatic Championships in Ranchi in November 2011?1) Karnataka2) Maharashtra3) Railways4) Kerala5) Gujarat26.Which woman swimmer won 5 gold medals in the 65th SeniorNational Aquatic Championships held in Ranchi in November 2011?1) Pooja Alva2) Richa Mishra3) Bhoomi Motwani4) Talasha Prabhu5) Surabhi Tipre27.Who won the Men's singles title at the Hong Kong Openbadminton championships in November 2011?

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1) Lin Dan2) Chen Jin3)Cai Yun4)Fu Haifeng5)None28.Which of the following teams won the Presidents Cup golf tournament in November 2011?1) Internationals2) USA3) Europe4) Australia5) None29.Which of the following teams has won both the men's and wo-men's Kabaddi world cup that was held in Ludhiana in Nove-mber 2011?1) Canada2) Pakistan3) USA4) India5) Australia30.Who has been selected for the Indira Gandhi Prize for Peace Disarmament and Development 2011, an award instituted by the Indira Gandhi Memorial Trust?1) Sheikh Hasina2) Ela Bhatt3) Angela Merkel4) Hillary Clinton5) Medha Patkar31.Which city will host the 2018 Commonwealth Games?1) Hambantota (Sri Lanka)2) Glasgow (Scotland)3) Gold Coast (Australia)4) Wellington (New Zealand)5) London (United Kingdom)32.Mohammad Zillur Rahman is the President of which of the following countries?1) Pakistan2) Bangladesh3) Iran4) Afghanistan5) Syria33.Which of the following institut-ions decides the Bank rate?1) SEBI2) SBI3) IRDA4) NABARD5) RBI34.Which scientist was conferred with the Ernesto Illy TriesteScience Prize for 2011 in November 2011? (This prize wasinstituted by the Academy of Sciences of the Developing World. It carries a cash compo-nent of 1,00,000 dollars. It seeks to honor distinguished scientists from developing countries.)

1) Tessy Thomas2) V.K.Saraswat3) C.N.R Rao4) Venkatraman Ramakrishnan5) None of these35.National Income Accounting, Conduct of Annual Survey ofIn-dustries, Economic Census and its follow up surveys,compil-ation of index of industrial prod-uction, etc. are some of theactiv-ities of which of the following institutions/organizations?1) Reserve Bank of India2) Planning Commission3) Central Statistics Office4)National Development Council5)Unique Identification Authority of India36.The distribution of Teesta river water is a bone of contentionbetween India and which of the following countries?1) Pakistan2) Nepal3)China4)Bangladesh5)Bhutan37.Which of the following organiz-ations/ agencies was set up toboost overall rural development in India?1) RBI2) SIDBI3) NABARD4) SEBI5) None of these38.BR Act controls banking activities in India. What does the letter'R' denote?1) Reformation2) Regulation3) Reporting4) Ranking5) None of these39.Who is the ex-officio Chairman of the Rajya Sabha?1) Meira Kumar2) Mohammad Hamid Ansari3) Karia Munda4) K.Rahman Khan5) Manmohan SinghANSWERS:1. (2) 2. (5) 3. (2) 4. (2) 5. (3) 6. (4) 7. (1) 8. (4) 9. (3) 10. (2)11. (3) 12. (2) 13. (3) 14. (5) 15. (2) 16. (1) 17. (2) 18. (4) 19. (2) 20.(1)21. (3) 22. (1) 23. (2) 24. (3) 25. (1) 26. (2) 27. (1) 28. (2) 29. (4) 30.

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(2) 31. (3) 32. (2) 33. (5) 34. (3) 35. (3) 36. (4) 37. (3) 38. (2) 39. (2)BANK EXAMS GENERAL AWARENESS MCQs1. Sushil Kumar, the winner of 'Kaun Banega Crorepati', wasappointed as the brand ambass-ador for which of the following programmes?1) JNNURM2) IAY3) Bharat Nirman4) MGNREGA5) None of these2. Mario Monti became the new Prime Minister of which of the following countries in November 2011? (He succeeded Silvio Berlusconi)1) France2) Greece3) Italy4) Russia5) Poland3. Which of the following stateme-nts about the International Child-ren's Film Festival is/are correct?1) The 17th International Childr-en's Film Festival was titled 'The Golden Elephant'.2) The film festival was organiz-ed by the Children's Film Soc-iety of India (CFSI). Nandita Das is the chairperson of CFSI.3) In the Indian competition section, 'Chillar Party' won the Best Feature Film.4) Alafzar(Meadow), an Iranian film, was adjudged the Best Feature Film in the Competit-ion International section.5) All the above are correct.4. Which of the following countries was suspended from the Arab League in November 2011?1) Qatar2) Syria3) Jordan4) Libya5) Saudi Arabia5. Which is the first Indian comp-any to be listed in NASDAQ?1) TCS2) Reliance3) Infosys4) Wipro5) None of these6. With which game is Vijay Hazare Trophy associated?1) Hockey2) Football3) Tennis4) Table Tennis5) Cricket7. Which of the following countries is not a member of ASEAN?1) Pakistan

2) Indonesia3) Singapore4) Malaysia5) Thailand8. Renowned cricket writer Peter Roebuck committed suiciderecently. He was the captain of which of the following Englishcounty teams in the 1980s?1) Oxford shire2) Somerset3) Kent4) Essex5) Sussex9. Which city hosted the 17th International Children's Film Festivalin November 2011?1) Mumbai2) Bangalore3) Hyderabad4) New Delhi5) None of these10. Who was named the Male World Athlete of the Year for 2011 byathletics' governing body, the International Association of AthleticsFederation (IAAF)?1) Yohan Blake (Jamaica)2) Kirani James (Grenada)3) Usain Bolt (Jamaica)4) LaShawn Merritt (USA)5) None of these11. Sally Pearson, the world 100m hurdles champion, was namedthe Female World Athlete of the year for 2011 by the IAAF. Towhich country does she belong?1) Australia2) New Zealand3) U.K.4) U.S.A.5) Denmark12. Which of the following awards/ prizes is given for science?1) Templeton Prize2) Jnanpith Award3) Phalke Ratna4) Shanti Swarup Bhatnagar Award5) None of these13. Who is the author of the book 'The Exile', which is based on thelife of Duleep Singh, the last Maharaja of Lahore?1) Chetan Bhagat2) Navtej Sarna3) Mulk Raj Anand

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4) Khushwant Singh5) None of these14. Which of the following is not a plantation crop?1) Rubber2) Arecanut3) Cocoa4) Potato5) Coconut15. The term Bull's eye is associated with which of the following sports?1) Badminton2) Boxing.3) Shooting4) Cricket5) Hockey16. Which of the following is/are considered as allied agricultural activity?1) Poultry2) Fisheries3) Dairy4) Sheep rearing5) All the above17. Which of the following program-mes was launched by the govern-ment to develop rural infrastruct-ure in India?1) SHGs2) Bharat Nirman3) JNNURM4) IAY5) None of these18. Which of the following is not the name of a foreign bank?1) BNP Paribas2) Deutsche Bank3) Barclays4) Cathay Pacific5) RBS19. Which of the following schemes has been successful inattracting children to come to school and get educated?1) MGNREGA2) Food for Work3) Mid Day Meal4) NRLM5) None of these20. Guru Tegh Bahadur Gold Cup tournament is associated with which of the following sports?1) Hockey2) Badminton3) Cricket4) Soccer5) None of these21. Where is the National Commo- dity and Derivatives Exchange Limited (NCDEX) located?1) Hyderabad2) Mumbai

3) Kolkata4) Bangalore5) New Delhi22. Which former Chief Election Commissioner is the author of thebook 'The Miracle of Demo-cracy: India's Amazing Journey'?1) T.N.Seshan2) M.S.Gill3) B.B.Tandon4) T.S.Krishnamurthy5) Navin Chawla23. What is the full form of 'POS'?1) Permission of Sale2) Point of Sale3) Point of Support4) Potential of Service5) None24. Which of the following is not a banking term?1) Overdraft2) CBS3) Equator4) Account payee5) SME Finance25. The Doing Business Report (DBR) is released every year bywhich of the following instituti-ons?1) IMF2) World Bank3) WTO4) ADB5) UNCTAD26. Which of the following banking terms is used to describe badloans?1) CBS2) NPA3) RTGS4) Prime Loans5) Prime Assets27. Which country's currency is called Yen?1) China2) North Korea3) South Korea4) Japan5) Thailand28. Which of the following approves the draft of the Five YearPlans?1) Planning Commission2) National Innovation Council3) National Development Council4) Finance Commission5) None of these

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29. Which of the following is an extra-constitutional and non-statutory body?1) Election Commission2) Finance Commission3) Planning Commission4) Union Public Service Commission5) None of these30. Which of the following gives Crystal Award?1) WTO2) WEF3) APEC4) IBRD5) ADB31. Which of the following decides the distribution of tax incomes between the central and state governments?1) Law Commission2) Pay Commission3) Planning Commission4) Finance Commission5) Administrative Reforms Commission32. Who is the author of the book 'Termites in the Trading System'?1) Jagdish Bhagwathi2) Amartya Sen3) M.S.Swaminathan4) Paul Krugman5) None of these33. Which of the following is not a football club?1) Chelsea2) Arsenal3) Manchester United4) Monte Carlo5) Liverpool34. Putrajaya is the administrative capital of which of the following countries?1) Malaysia2) Indonesia3) Sri Lanka4) Nepal5) None of these35. Which of the following South American countries is a member of the Organization of Petroleum Exporting Countries (OPEC)?1) Peru2) Ecuador3) Chile4) Brazil5) ArgentinaANSWERS:1) 4 2) 3 3) 5 4) 2 5) 36) 5 7) 1 8) 2 9) 3 10) 311) 1 12) 4 13) 2 14) 4 15) 316) 5 17) 2 18) 4 19) 3 20) 121) 2 22) 4 23) 2 24) 3 25) 2

26) 2 27) 4 28) 3 29) 3 30) 231) 4 32) 1 33) 4 34) 1 35) 2IBPS CLERKS EXAM GENERAL AWARENESS MODELPAPER1. Who among the following served as the first chairman of thegoverning body of IBPS?1) Dr. Manmohan Singh2) Sir Smith3) P. C. Mahalanobis4) Dr. J.C. Chakraborthy5) Dr. A.K.Qureshi2. 'Saranda Action Plan', has been recently launched by RuralDevelopment Ministry. It will be implemented firstly in Naxal-hitSaranda district of which among the following states?1) Chhattisgarh2) Jharkhand3) Odisha4) Punjab5) Haryana3. How many key infrastructure sectors are known as Core sector inIndia Economy used for Index of Industrial Production (IIP) data?1) six2) seven3) eight4) ten5) three4. The Ennahda Party has emerged as largest political party in thefirst elections after the Arab Spring in which among the followingcountries?1) Tunisia2) Syria3) Libya4) Algeria5) Sudan5. Indian Ocean Rim Association for Regional Cooperation(IOR-ARC) was initiated by which among the following countries?1) India2) Sri Lanka3) Maldives4) Mauritius5) Nepal6. Nabam Tuki has been sworn in as Chief Minister of which amongthe following states recently?1) Nagaland2) Mizoram

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3) Arunachal Pradesh4) Meghalaya5) Sikkim7. Who among the following has recently topped the Fortune India's 50 Most Powerful Women in Business list?1) Kiran Mazumdar Shaw2) Chanda Kochar3) Ekta Kapoor4) Shikha Sharma5) Lalitha Dutta8. Which among the following decides the Saving Banks Account Interest Rate in India?1) Ministry of Finance2) Reserve Bank of India3) Indian Banks' Association (IBA)4) Banks themselves5) IBPS9. For which among the following criminal activities related toBusiness, tycoon Raj Rajaratnam was sent to jail recently?1) Terrorist Funding2) Insider Trading3) Tax Evasion4) Hawala Transaction5) Smuggling10. Which of the following banks recently completed its PlatinumJubilee celebrations?1) Central Bank of India2) Reserve bank of India3) Andhra Bank4) Canara Bank5) IDBI11. Unique Identification Authority of India (UIDAI), which providesAADHAAR is a part of which among the following?1) National Development Council2) Planning Commission3) Ministry of Home Affairs4) Ministry of Planning and Implementation5) Planning and Statistics12. Which among the following country is the host to 17th SouthAsian Association for Regional Cooperation (SAARC) summit inNovember 2011?1) Bangladesh2) Maldives3) Nepal4) Pakistan5) India13. Accounts are allowed to be operated by cheques in respect of1) Both saving bank accounts and fixed deposit accounts

2) Both saving bank accounts and current accounts3) Both saving bank accounts and loan accounts4) Both saving bank accounts and cash accounts5) Both saving bank account and credit accounts14. Vasanth Sathe , who recently died is known for spearheadingthe move to bring which among the following to India 1980s?1) Personal Computers2) Color TVs3) Washing Machines4) Motor Cycles5) Telecom revolution15. Recently which of the following bank celebrated itsCENTENARY Anniversary ?1) Andhra Bank2) Bank of India3) Central Bank of India4) Vijaya Bank5) Canara Bank16. The students of which among the following institutions have builtthe 'Jugnu' satellite which is a remote-sensing satellite that willmonitor vegetation and waterbodies?1) IIT Kanpur2) IIT Kharagpur3) SRM University4) Andhra University5) Delhi University17. Who among the following is the winner of 26th Indira GandhiAward for National Integration?1) Anil Kakodkar2) Amjad Ali Khan3) Mohan Dharia4) Prof. Jagdish Bhagwati5) Prof.Niharika VidyaSagar18. On October 25, the Reserve Bank of India (RBI) hadderegulated the savings bank deposit rates and asked banks todetermine their own. Banks are required to offer a uniform rate ondeposits up to which among the following amounts?1) Rs. 50,0002) Rs. 1,00,0003) Rs. 1,20,0004) Rs. 1,50,0005) Rs.2,00,00019. What is the requirement of the minimum capital adequacy ratiounder the new Basel III guidelines released in 2010?1) 9%2) 9.5%

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3) 10%4) 10.5%5) 11%20. Which among the following states have topped India HumanDevelopment Report 2011?1) Kerala2) Tamil Nadu3) Himachal Pradesh4) Punjab5) Andhra Pradesh21. Who among the following is India's Permanent Representativeto the United Nations?1) Arundhati Ghose2) Hardeep Singh Puri3) B N Rau4) Nirupam Sen5) Nidhi Razdan22. P. C. Haldar was recently making news for being appointed asinterlocutor by the Government to remove bottlenecks on the roadto a dialogue in which among the following issues in India?1) Gorkhaland Talks2) Assam Peace Talks3) Jammu & Kashmir Problem4) Naxalite Problem5) Delhi bomb blasts23. Before it was transferred to Agriculture Insurance Company ofIndia Ltd, the National Agricultural Insurance Scheme was beingimplemented by which among the following companies?1) General Insurance Corporation of India2) Oriental Insurance Company Ltd.3) New India Assurance Company Ltd.4) National Insurance Company Ltd5) Food Corporation of India24. As per the latest data, which among the following is the nearestfigure to the average population of India per bank branch?1) 80002) 130003) 180004) 210005) 2500025. Who among the following is the current Chief of NationalSecurity Guards?1) AK Mitra2) JK Dutt3) NPS Aulakh4) Rajan K Medhekar

5) Jagadish Patnaik26. RBI has decided to release Rs 5 coin to mark the 1000 years ofwhich of the following temple recently ?1) Vaishno Devi temple2) Brihadeswara temple3) Kashi Vishwanath temple4) Sabarimala Temple5) Tirumala Dwaraka27. Which of the following approved $ 1 billion loan for the NationalGanga River Basin project recently ?1) Asian Development Bank2) World Bank3) UNEP4) IMF5) None28. The National Green tribunal headquartered at Delhi will havebenches at all the following places except ___1) Bhopal2) Pune3) Kolkatta4) Jaipur5) Chennai29. India assumed the chairmanship of which of the followinginternational organisations in September 2011 ?1) G242) BRICS3) G204) G85) IBSA30. Which of the following is a private sector bank ?1) Corporation Bank2) Indian Bank3) Karur Vysya Bank4) Oriental Bank of Commerce5) None of the above31. What is the minimum time of operation an insurance company isrequired to complete for becoming eligible to launch an IPO ( InitialPublic Offer )?1) 2 years2) 5 years3) 7 years4) 8 years5) 10 years32. SCORES is a complaint redressal system launched by ____1) CCI2) RBI3) TRAI

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4) SEBI5) SBI33. The national broadband plan is aimed at rolling out broadbandinfrastructure to every village with more than____ people ?1) 20002) 30003) 10004) 2005) 50034. Indian mining companies have bid for stake in Hajigak oremines in Afghanistan, which of the following is the mines famous for?1) Iron2) Bauxite3) copper4) Coal5) Cobalt35. From which of the following state National Rural LivelihoodMission launched recently?1) Andhra Pradesh2) Punjab3) Haryana4) Karnataka5) Rajasthan36. 'Aichi Targets' refers to which of the following?1) Trade2) Environment3) S & T4) Commerce5) Education37. Where in India World Spice Organisation set up recently ?1) Guntur2) Bangalore3) Chennai4) Kochi5) Delhi38. ASHA is a low priced milk food drink introduced for ruralconsumers by which of the following ?1) Nestle2) Amul3) Heinz4) GlaxosmithKline5) None39. Which of the following is the new income tax return form forsalaried employees introduced by Finance Minister Recently ?1) Suvida2) Sugam3) Sahaj

4) Saral5) Samasya40. Which Bank has announced an end to its TEASER home loanscheme recently?1) SBI2) Andhra Bank3) Vijaya Bank4) ICICI5) HDFC41. Kimberley process certificated are compulsory for trade in whichof the following ?1) Gold2) Trade3) Diamonds4) Nuclear materials5) Radio active materials42. Accredited Social Health Activists (ASHAs ) in which of thestates are known as Mitanins ?1) Punjab 2) Haryana3) Chhattisgarh4) Madhya Pradesh5) Kerala43. Which of the foreign bank has the highest number of employeesin India ?1) HSBC2) RBS3) Bank of America4) UBS5) Standard Chartered Bank44. What is the FDI limit in the insurance sector in India ?1) 26 %2) 25 %3) 30%4) 50%5) 49 %45. Which of the following state has recently announced a monthlyallowance to unemployed under graduates recently ?1) Karnataka2) Rajasthan3) Goa4) Maharashtra5) Punjab46. Which of the following has launched the EVERYWHERETELLER MACHINE in India ?1) Andhra Bank2) ICICI Bank3) Axis Bank4) RBS5) SBI

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47. French Auction is a term used in which of the following sectorsof financial services ?1) Capital Markets2) Banks3) Insurance4) NBFC5) Micro Credit48. Which state has the second highest literacy rate as per theprovisional figures of the census 2011 ?1) Gujarat2) Mizoram3) Assam4) Rajasthan5) Punjab49. China emerged as the world's second largest economy in 2010overtaking which of the following ?1) France2) Germany3) Italy4) India5) Japan50. The new head of IMF is ?1) Montek Singh Ahluwalia2) Christine Lagarde3) John Paul4) Liu Xiabaou5) Robert ZoellickANSWERS:1)1 2)2 3)3 4)1 5)4 6)3 7)2 8)4 9)2 10)2 11)2 12)2 13)2 14)2 15)316)117)3 18)2 19)4 20)1 21)2 22)2 23)1 24)2 25)4 26)2 27)2 28)4 29)230)4 31)5 32)433)5 34)1 35)5 36)2 37)4 38)4 39)3 40)1 41)3 42)3 43)5 44)1 45)346)3 47)1 48)249)5 50)2IBPS CWE GENERAL AWARENESS MODEL PAPER1. Lucas Papadesmos became the new Prime Minister of which ofthe following countries in November 2011?1) Spain2) Italy3) Greece4) Belgium5) None of these2. Which Indian city hosted the World Economic Forum's (WEF)Indian Economic Summit in November 2011?1) Mumbai

2) New Delhi3) Chennai4) Bangalore5) Hyderabad3. Moshe Katsav has been sentenced to seven years in prison onthe charges of sexual harassment and obstruction of justice. Hewas the 8th President of whi-ch of the following countries?1) Iran2) Israel3) Syria4) Sudan5) Germany4. Which former Australian cricketer's autobiography is titled 'FierceFocus'?1) Allan Border2) Shane Warne3) Steve Waugh4) Greg Chappell5) Adam Gilchrist5. Which of the following teams lifted the Beighton Cup hockeytournament in November 2011?1) IOC2) ONGC3) Air India4) Railways5) None of these6. Who became the first batsman in Test cricket history to score fourcenturies in successful fourth innings run chases in November2011?1) Hashim Amla2) Graeme Smith3) Ricky Ponting4) Rahul Dravid5) Sachin Tendulkar7. Who was reelected as the Presid-ent of Liberia in November2011?1) Joseph Boakai2) Gyude Bryant3) William Tolbert4) Ellen Johnson Sirleaf5) None of these8. Indian Prime Minister Manmohan Singh addressed the People'sMajlis recently. It is the Parliament of which of the followingcountries?1) Iraq2) Maldives

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3) Lebanon4) UAE5) Saudi Arabia9. Which country lifted the inaugural Sultan of Johor Cup hockeytournament in November 2011?1) Malaysia2) Australia3) India4) South Korea5) None of these10. Which country test fired Jericho, a ballistic missile, in November2011?1) Pakistan2) Israel3) Iran4) Iraq5) None of these11. Who is the winner of the National Premier Women's chesschampionship that was held in Chennai in November 2011?1) Mary Ann Gomes2) Eesha Karavade3) Tania Sachdev4) Nisha Mohota5) Padmini Rout12. Who is the first player to take 500 catches in Test cricket?1) Rahul Dravid2) Adam Gilchrist3) Mark Boucher4) Kumar Sangakkara5) None of these13. Joe Frazier died of liver cancer. In which of the following sportsdid he excel?1) Golf2) Boxing3) Squash4) Snooker5) Weightlifting14. Which city hosted the 23rd annual meeting of the Asia PacificEconomic Cooperation (APEC) in November 2011?1) Canberra2) Singapore3) Seoul4) Bangkok5) Honolulu15. Which of the following statements about the South AsianAssociation for Regional Coope-ration (SAARC) is/are true?

1) SAARC was started in 1985 with headquarters in Kathmandu.2) It is dedicated to economic, technological, social and culturaldevelopment emphasizing collective self reliance.3) Mohamed Nasheed is the present chairman of SAARC.4) The 17th SAARC Summit was held in Addu city, Maldives inNovember 2011.5) All the above are correct.16. ONGC Videsh Ltd (OVL), the overseas arm of Oil and NaturalGas Corporation, has signed an agreement to take a 25 per centstake in Satpayev oil block. In which country is Satpayev blocklocated?1) Russia2) Mongolia3) Ukraine4) Kazakhstan5) Kyrgyzstan17. Which state became the first in the country to achieve totalfinancial inclusion in September 2011? (Each household in the statehas at least one bank account)1) Tamil Nadu2) Kerala3) Karnataka4) Manipur5) Assam18. DVC, NHPC, PGCIL and NTPC are the four public sectorundertakings working in which of the following sectors?1) Coal2) Telecom3) Power4) Textiles5) None of these19. Who is the author of the book "India and Global Financial Crisis:Managing Money and Finance"?1) P. Chidambaram2) Pranab Mukherjee3) C.Rangarajan4) Y.V.Reddy5) Bimal Jalan20. What is the full form of NFSM?1) National Food Security Mechanism2) New Food Security Mechanism3) National Food Security Mission4) National Farmers Security Mechanism5) None of these

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21. India is not a member of which of the following organizations?1) BRICS2) IBSA3) SAARC4) OPEC5) The Commonwealth22. Which of the following is not a Kharif crop?1) Rice2) Wheat3) Sorghum4) Bajra5) Ragi23. What per cent of foreign direct investment (FDI) is allowed inapiculture (beekeeping) under controlled conditions?1) 20%2) 26%3) 100%4) 49%5) None of these24. The FDI limit in FM radio has been increased from the existing20% to?1) 26%2) 51%3) 49%4) 100%5) None of these25. Which is the largest producer and the consumer of tea in theworld?1) Brazil2) India3) Indonesia4) Pakistan5) Vietnam26. Which state has the highest number of operational specialeconomic zones in India?1) Tamil Nadu2) Karnataka3) Maharashtra4) Kerala5) Andhra Pradesh27. Which of the following has become the first public sectorcompany to introduce Employee Stock Option Plan (ESOP) for itsemployees?1) NMDC2) IOC3) NALCO4) NTPC5) ONGC

28. Which of the following groups can be called financially excludedpeople?1) Urban slum dwellers2) Marginal farmers3) Landless laborers4) Unorganized sector employees5) All the above29. In which year was the Bank of Calcutta established?1) 18022) 18053) 18064) 18095) 180030. Which of the following stock exchanges was initially known as"The Native Share & Stock Brokers Association"?1) Bombay2) Madras3) Jaipur4) Cochin5) Uttar Pradesh31. Who among the following served as the Finance Minister beforebecoming the President of India?1) N.Sanjeeva Reddy2) Pratibha Patil3) R.Venkatraman4) A.P.J.Abdul Kalam5) S.Radhakrishnan32. Which bank has recently launched 'Everywhere Teller Machine'service in Vijayawada, Andhra Pradesh? (ETM allows debit cardholders to withdraw upto Rs.1000 in cash per day from a Point ofSale terminal at select merchant outlets.)1) ICICI Bank2) Axis Bank3) SBI4) SBH5) HDFC Bank33. The Hindustan Copper Limited will develop an undergroundcopper-ore mine at Malanjkhand with an investment of Rs.1,856crore. In which state is this mine located?1) Rajasthan2) Madhya Pradesh3) Jharkhand4) Orissa5) Bihar34. Alok Prasad is the Chief Executive Officer of which of thefollowing industry associations?

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1) ASSOCHAM2) FICCI3) MFIN4) NASSCOM5) None of these35. Who is the chairman of the Wor-king Group on BenchmarkPrime Lending Rate (BPLR) appointed by the Reserve Bank ofIndia?1) Deepak Mohanty2) Bimal Jalan3) Usha Thorat4) R.V.Gupta5) None of theseANSWERS:1. (3) 2. (1) 3. (2) 4. (4) 5. (1) 6. (2) 7. (4) 8. (2) 9. (1) 10. (2)11. (1) 12. (3) 13. (2) 14. (5) 15. (5) 16. (4) 17. (2) 18. (3) 19. (4) 20.(3)21. (4) 22. (2) 23. (3) 24. (1) 25. (2) 26. (5) 27. (3) 28. (5) 29. (3) 30.(1)31. (3) 32. (2) 33. (2) 34. (3) 35. (1)GENERAL KNOWLEDGE PRACTICE MCQs1. Namrata Randhawa Haley (Nik-ki Haley) is the first woman andnon-white governor of which of the following states of the USA?1) Louisiana2) South Carolina3) Texas4) Alaska5) California2. Identify the mismatched pair1) January 9 -Pravasi Bharatiya Divas (NRI Day)2) January 12-National Youth Day3) January 15 - Army Day4) January 24- National Girl Child Day5) January 27-National Voters Day3. Fathimath Dhiyana Saeed is the new Secretary General ofSAARC. She was the former attorney general of which of thefollowing countries?1) Pakistan2) Afghanistan3) Maldives4) Bangladesh5) India4. The Permanent Representative of India to the United Nations isalso presently the chairman of the United Nations Security CouncilCounter-Terrorism Committee. Name him/her?1) Hardeep Singh Puri2) Meera Shankar

3) Nirupama Rao4) Ranjan Mathai5) None of these5. Who is the first sitting head of state ever indicted by theInternational Criminal Court (ICC) as well as the first to be chargedwith genocide?1) Zubair Mohamed Salih2) Ali Osman Taha3) Omar al-Bashir4) John Garang5) None of these6. Who among the following is the winner of the Phalke RatnaAward for the year 2011?1) Dev Anand2) Dharmendra3) Shammi Kapoor4) Shashi Kapoor5) Amitabh Bachchan7. Which of the following pairs is not matched correctly?AUTHOR BOOK1) Tony Blair - A Journey2) George Bush - Decision Points3) Bill Clinton - My Life4) Cherie Blair- Speaking for Myself5) Ronald Reagan- Going Rogue: An American Life8. Where are the headquarters of ASEAN located?1) Jakarta2) Manila3) Singapore4) Bangkok5) Kuala Lumpur9. Which of the following organisations was officially commenced onJanuary 1, 1995 under the Marrakech Agreement?1) UNO2) IMF3) World Bank4) ADB5) WTO10. Which foreign bank has 4.8% stake in Yes Bank?1) BNP Paribas2) Rabobank3) HSBC4) RBS5) Barclays11. Identify the mismatched pairCOUNTRY PRESIDENT1) Sri Lanka- Mahinda Rajapakse2) Iran -Mahmoud Ahmadinejad3) Chile - Sebastian Pinera4) Philippines - Benigno Aquino5) Zimbabwe- Goodluck Jonathan

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12. Which of the following statements about the Youth OlympicGames is not true?1) The Youth Olympic Games (YOG) are held every four years andthese games feature athletes between the ages of 14 and 18.2) Johann Rosenzopf of Austria has developed the idea of the YOG.3) The first summer YOG were held in Singapore in 2010.4) The second summer YOG will be held in Nanjing, China in 2014.5) The inaugural winter YOG will be held in Sochi in 2012.13. Identify the mismatched pairORGANIZATION CHIEF1) World Bank -Robert Zoellick2) IMF -Christine Lagarde3) WTO -Pascal Lamy4) ADB - Haruhiko Kuroda5) Amnesty International-Kamalesh Sharma14. Which of the following books is not written by Chetan Bhagat?1) Five Point Someone2) One Night @ Call Center3) Three Mistakes of My Life4) Listening to Grasshoppers5) 2 States:The Story of My Marriage15. Which of the following famous personalities is the brandambassador of Bank of Baroda?1) Yusuf Pathan2) Geet Sethi3) Amitabh Bachchan4) Irfan Pathan5) Rahul Dravid16. Which city will host the 99th Indian Science Congress inJanuary 2012?1) Chennai2) Bhubaneswar3) New Delhi4) Hyderabad5) Kolkata17. Who among the following is a Billiards/ Snooker champion?1) Jyothi Randhawa2) Jeev Milka Singh3) Pankaj Advani4) Arjun Atwal5) Gaganjeet Bhullar18. Which of the following Prizes is given for mathematicians?1) Templeton Prize2) Nobel Prize3) Kalinga Prize4) Abel Prize

5) Pritzker Prize19. Which of the following books is not written by Orhan Pamuk, theNobel Prize winner from Turkey?1) My Name is Red2) Snow3) Enigma of Arrival4) The Museum of Innocence5) Istanbul: Memories and the City20. Anil Agarwal is the chief of which of the following companies?1) Corus2) Caparo3) Arcelor Mittal4) Vedanta Resources5) Ashok Leyland21. Which company manufactures Blackberry smart phones?1) Nokia2) Samsung3) Onida4) Sony Ericsson5) Research In Motion22. The headquarters of the North Atlantic Treaty Organization(NATO) is situated in which of the following cities?1) London2) Washington3) Brussels4) Vienna5) Paris23. Which of the following countries will host both the 2014 FIFAworld cup football and the 2016 Olympic Games?1) UK2) Brazil3) South Africa4) USA5) Qatar24. Merdeka Cup is associated with which of the following sports?1) Cricket2) Football3) Hockey4) Chess5) Volleyball25. The recession occurring two times with a short gap in betweenis called?1) Double deflation2) Double inflation3) Double Dip recession4) Depression5) None of these26. Which of the following terms is not used in Cricket?

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1) Ashes2) Doosra3) Silly Point4) Love5) Long On27. What is the full form of SHGs?1) Self Help Groups2) Small Help Groups3) Small Hope Groups4) Self Hope Groups5) Selfless Help Groups28. In which year were the SBI Associate Banks nationalized?1) 19552) 19493) 19594) 19695) 198029. In which year was the IDBI established?1) 19612) 19603) 19624) 19645) 196530. Small Industries Development Bank of India (SIDBI) wasestablished in 1990 with the headquarters in?1) Lucknow2) New Delhi3) Mumbai4) Nagpur5) Kolkata31. In which year did NHB start its operations?1) 19852) 19883) 19874) 19905) 199232. Which city hosted the 12th Inter-national Indian Film Academy(IIFA) Awards ceremony in June 2011?1) Bangkok2) Macau3) Colombo4) Toronto5) None of these33. Who was selected for the prestigious G.D. Birla Award forScientific Research for his contributions in the area of electroniccommunications for the year 2011?1) Mahindra Agrawal2) Subhasis Chaudhuri3) Raghavan Varadarajan4) Santanu Bhattacharya5) None of these

34. The Saraswati Samman, an annual award for outstanding proseor poetry literary works in any Indian language, was instituted in1991 by the K.K. Birla Foundation. Who was given this award inApril 2011?1) S.L. Bhyrappa2) Surjit Paatar3) Naiyer Masud4) Jagannath Prasad Das5) None of these35. The Vyas Samman, instituted by the K.K. Birla Foundation, isgiven to an outstanding literary work in Hindi authored by an Indiancitizen during the preceding ten years. Who was given this awardfor 2010 for his collection of poems 'Phir Bhi Kuch Rah Jayega'?1) Amar Kanth2) Mannu Bhandari3) Vishwanath Prasad Tiwari4) Kailash Vajpayee5) None of these36. In which field is the Chameli Devi Jain Award given annually?1) Social Work2) Journalism3) Classical Dance4) Cinema5) Trade and Industry37. The K.C Kulish International Award for Excellence in Print Media2009 was conferred on the team of 'The New Crusading Guide' inJune 2011. It is a newspaper published in which of the followingcountries?1) South Africa2) Sudan3) Zimbabwe4) Ghana5) EgyptAnswers1) 2 2) 5 3) 3 4) 1 5) 3 6) 27) 5 8) 1 9) 5 10) 2 11) 5 12) 513) 5 14) 4 15) 5 16) 2 17) 3 18) 419) 3 20) 4 21) 5 22) 3 23) 2 24) 225) 3 26) 4 27) 1 28) 3 29) 4 30) 131) 2 32) 4 33) 2 34) 1 35) 3 36) 237) 4BANKING AWARENESS MCQs

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1.Which of the following bodies tightened the norms for foreignexchange risk cover in India mentioning that only companies with anetworth of Rs 200 crore can use derivatives to hedge against riskof volatility in currency rates?a.IMFb.Reserve Bank of Indiac. SEBId.Union Ministry of FinanceAns: b2. Which body in India finally provided tax exemption on the 9.5 percent interest income on PF deposits for 2010-11?a.Reserve Bank of Indiab. Income Tax Departmentc.Employees’ Provident Fund Organisationd.Corporate Affairs MinistryAns: b3.(1) The report on Customer Service in Banks by a committeechaired by M. Damodaran, former Chairman of the Securities andExchange Board of India (SEBI) that was released on 3 July 2011recommended an increased deposit insurance cover of Rs.5 lakh soas to encourage individuals to keep all their deposits in banks.(2) The panel also suggested blocking of lost ATM cards throughSMS and immediate restoration of funds in case ofnon-dispensation of cash at an ATM within 5 working days.Which of the above is not true?a. Only 1b. Only 2c. Both 1 & 2d. None of the aboveAns: b4. The Reserve Bank of India (RBI) in a bid to tame inflationarypressure hiked the short-term indicative policy rate (repo rate) by 50basis points on 26 July 2011. The repo rate currently stands at whatpercentage?a. 7%b. 7.5%c. 8%d. 8.5%Ans: c5. Which bank posted a 99 per cent drop in net profit at Rs 21 crore

for the fourth quarter ended 31 March 2011 against Rs 1867 croreduring the corresponding period in 2010?a. Indian Overseas Bankb. State Bank of Indiac. Bank of Indiad. United Bank of IndiaAns: b6. Who did global payments processing company MasterCardappoint as the General Manager, South Asia and CountryPresident, India?a. T. V. Seshadrib. Vicky Bindrac. Tunde Lemod. Ajay BangaAns: a7. Government of India on 19 July 2011 appointed UshaAnanthasubramanian, former general manager of Bank of Baroda(BoB) as executive director of which public sector lender?a. Central Bank of Indiab. Punjab National Bankc. United Bank of Indiad. Gramin BankAns: b8. Name the public sector lender that selected Metlife as its partnerfor a proposed foray into the life insurance segment.a. Syndicate Bankb. Punjab National Bankc. Corporation Bankd. United Bank of IndiaAns: b9. Which bank signed a memorandum of understanding with DewanHousing Finance Corporation (DHFL) under which DHFL willdistribute home loans to Yes Bank's customers?a. Canara Bankb. ABN Amro bankc. Yes Bankd. HSBCAns: c10. Which life insurance company in India launched a newnon-linked health insurance plan, Jeevan Arogya?a. HDFC Standard Life Insurance Co. Ltdb. Life Insurance Corporation of Indiac. IDBI Fortis Life Insurance Company Ltd.d. SBI Life Insurance Co. LtdAns: b11. Which of the following public sector banks in November 2011froze its lending to the power sector?a. State Bank of India

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b. Allahabad Bankc. Punjab National Bankd. United Bank of IndiaAns: b12. Which Indian bank on 10 May 2011 raised benchmark primelending rate 75 basis points to 14% following raising of interest ratesby RBI by basis points on 3 May 2011?a. State Bank of Indiab. Union Bankc. Punjab National Bankd. Bank of BarodaAns: a13. The Reserve Bank of India on 26 April 2011 fined 19 banks,including the country's top private and foreign banks for violating itsguidelines on derivatives. Which is the only public sector bank onthe list of banks to be fined?a. State bank of Indiab. Punjab National Bankc. Bank of Indiad. Indian BankAns: a14. The Reserve Bank of India on 25 August 2011 released itsAnnual Report for 2010-11. Which of the following was notdiscussed in the Annual Report the Central Board of the RBI?a. assessment of the macroeconomic performance during 2010-11b. prospects for 2011-12c. working and operations of the Reserve Bank and its financialaccountsd. role of regulatory bodies in controlling the financial marketsAns: d15. Reserve Bank of India (RBI) panel headed by headed by UshaThorat, Director, Centre for Advanced Financial Research andLearning (CAFRAL) on 29 August 2011 came up with suggestion onnon-banking finance company (NBFC). Which of the followingrelated to this statement is not true?1. The panel suggested the central bank to insist on a minimumasset size of more than Rs.25 crore for registering any newnon-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 registeredNBFC 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 threeyears for all registered deposit-taking and non-deposit-takingNBFCs.4. NBFCs would be subject to regulations similar to banks whilelending to stock brokers and merchant banks and similar to stockbrokers, as specified by the Securities and Exchange Board of India(SEBI)a. 1 & 4b. 2 & 4c. Only 4d. Only 1Ans: d16. Which Indian PSU bank in tune with its plans to expand its retaildivision in the UK entered the mortgage market in the country forthe first time?a. Punjab National Bankb. Oriental Bank of Commercec. State bank of Indiad. Indian Overseas BankAns: c17. Which of the following banks set up two loan processing centresfor the small and medium enterprise (SME) segment on a pilot basisin Bangalore & in New Delhi in September 2011?a. Corp Bankb. United Bank of Indiac. Syndicate Bankd. Bank of BarodaAns: c18. The government suspended M Ramadoss for alleged violationsin issuing insurance cover to an airline during his stint as head ofanother state-run insurer. To which insurance group did he belongto?a. New India Assuranceb. LICc. GICd. ICICI InsuranceAns: a

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19. Which of the following banks in early May 2011 entered into atie-up with non-banking finance companies such as Future Capital,Bajaj Finance, and Reliance Capital to grow its retail portfolio?a. Central Bank of Indiab. State Bank of Indiac. Bank of Indiad. HDFC BankAns: a20. Which are the two Gujarat-based cooperative sector lenders onwhich Reserve bank of India imposed a financial penalty of Rs 1lakh each for violation of various rules, including anti-moneylaundering guidelines?1. Shree MahalaxmiMercantile Co-operative Bank2. Rander People's Co-operative Bank3. Abad District Co Op Bank4. Ahd Mercantile Co-Op Bank Ltda. 1 & 2b. 2 & 3c. 1 & 4d. 3 & 4Ans: (a)IBPS CWE GENERAL AWARENESS MODEL PAPER1.Which of the following statements about new RBi policy on bankloans to non-banking finance companies (NBFCs) is / are correct ?I) Bank loans to NBFCs will not come under 'priority sector' lendingII) NBFCs cannot charge a rate of interest higher than the RBIprescribed rate in lending funds borrowed from banksIII) The interest margin earned by NBFCs in lending funds borrowedfrom banks cannot exceed the ceiling prescribed by the RBI1) I only2) I and II only3) II only4) I and III only5) None of these2.Which of the following has proposed the setting up of a NationalKnowledge Functional Hub (NKFH) to facilitate interaction betweenthe industry and institutions of higher education to produce betterquality manpower recently ?1) National Knowledge Commission2) CII3) ASSOCHAM

4) FICCI5) None of these3.The Reserve bank of India has increased the amount of moneythat can be loaded on mobile phones (mobile - wallet) to ..... fromthe existing limit of Rs. 5,000 recently1) Rs. 10,0002) Rs. 15,0003) Rs. 25,0004) Rs. 50,0005) None of these4.What are 'structural adjustment programmes'?1) Programmes to increase the spread of financial services indeveloping countries2) Programmes to improve road safety in developing countries3) Requirements to qualify for World Bank and IMF loans4) UN building regulations for disaster preparedness5) None of these5.Nuclear plants in India have an 'Exclusion Zone' of .... surroundingthe power station, in which no habitation is permitted.1) 1.6 km2) 4.2 km3) 8.4 km4) 11.6 km5) None of these6.Improving regulation of which of the following was the subject ofthe Finance Ministry appointed KP Krishnan Committee ?1) Microfinance institutions2) Mutual funds3) General insurance companies4) Credit rating agencies5) None of these7. 'Asha' is a low - priced milk food drink introduced for ruralconsumers by which of the following ?1) Nestle2) Cadbury3) Heinz4) GlaxoSmithKline5) None of these8.ONGC Videsh Ltd (OVL) signed an agreeemtn to acquire 25%stake in the Satpayev oil block in Central Asia recentlyh. Which ofthe following statements is / are correct ?I) Satpayev s in TurkmenistanII) Satpayev is in Black SeaIII) Satpayev is believed to hold 1.75 billion barrels of oil reserves1) I only2) I and II only

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3) II only4) III only5) None of these9.Which of the following is the new income tax return form forsalaried employees introduced by the Finance Ministry recently ?1) Suvidha2) Sugam3) Sahaj4) Saral5) None of these10.The Commerce Ministry has launched 'Buyer's Credit under theNational Export Insurance Account (NEIA)' to :1) Facilitate foreign direct investment in India2) Facilitate project exports of Indian companies3) Facilitate acquisitions by Indian companies overseas4) Facilitate employment of Indian professionals abroad5) None of these11.Which of the following banks has launched 'Tiny Cards' withbiometric identification to expand the coverage of banking servicesin rural parts of the country ?1) ICICI Bank2) NABARD3) State Bank of India4) Bank of India5) None of these12.Which of the following statements about IRDA guidelines fordistance marketing of products issued recently is / are correct ?I) Telemarketing of all Unit - Linked Insurance Products (ULIPs) hasbeen disallowedII) Only telemarketers trained by institutes accredited by IRDA canbe employedIII) All telemarketing calls will have to be recorded1) I only2) I and II only3) I and III only4) II and III only5) None of these13.The Bureau of Energy Efficiency labelling is compulsory for all ofthe following except :1) Laptops2) Frost-free refrigerators3) Tubular fluorescent lamps4) Ceiling fans5) None of these

14.What is the investment limit in plant and machinery forclassification under Small Scale Industries ?1) Rs. 10 lakh2) Rs. 50 lakh3) Rs. 1 crore4) Rs. 10 crore5) None of these15.The government has recently decided to allow FIIs investment ininfrastructure bonds upto ..... annually.1) $5 billion2) $ 10 billion3) $ 15 billion4) $ 25 billion5) None of these16.The term ASBA (Applications Supported by Blocked Amount) isused in which of the following financial services ?1) General Insurance2) Capital markets3) Life Insuracne4) Micro finance5) None of these17.The Government has decided to notify a provision exemptingpeople of salary income up to ..... a year from filing returns1) Rs. 2 lakh2) Rs. 2.5 lakh3) Rs. 4 lakh4) Rs. 5 lakh5) None of these18.Which of the following is the largest mutual fund in India withassets under management (AUM) exceeding Rs. 100,000 crore onMarch 31, 2011 ?1) UTI MF2) HDFC MF3) Reliance MF4) birla Sun Life5) None of these19.Which of the following identifies and funds social welfare projectsunder its India Development Marketplace initiative ?1) IMF2) USAID3) Intel4) World Bank5) None of these20.Which of the following has been set up by the government tofund energy saving technologies recently ?1) National Renewable Energy Fund2) National Green Energy Fund

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3) National Carbon Reduction Fund4) National Clean Energy Fund5) None of these21.Which of the following is the new income tax return form forsmall businessmen and self-employed professionals introduced bythe Finance Ministry recently ?1) Suvidha2) Sugam3) Sahaj4) Saral5) None of these22.A Committee was constituted to review the functioning fo theCentral Economic Intelligence Bureau (CEIB) recently. What is theobjective of CEIB ?1) TO gie suggestions for promoting financial inclusion2) TO compile data for calculating GDP growth and per capitaincome3) To gather data on tax evasion and other financial crimes4) To assist the RBI in formulating monetary policy5) None of these23.Mission Document of the National Water Mission (NWM) wasapproved byt he Union Cabinet recently. Which of the followingstatements is / are correct ?I) NWM is one of the constituents of the National Action Plan forClimate ChangeII) Improving share of hydroelectricity in country's total energyproduction is one of the objective of NWMIII) NWM will adjudicate in water sharing disputes involvinginter-state rivers1) I only2) I and II only3) I and II only4) II and III only5) None of these24.Which country's 'Zero Kero' LPG programme is being considredfor use in India to encourage customers to switch from kerosene toLPG recently ?1) Thailand2) Sri Lanka3) Malaysia4) Indonesia5) None of these

25.Which of the folowing was launched by Union Ministry for YouthAffairs and SPorts in association with National Skill DevelopmentCorporation (NSDC) at Imphal, Manipur recently?1) Sports Employability SKill Project2) Youth Skill Development Project3) Youth Employability Skill Project4) Tribal Employability Skill Project5) None of these26. Government has decided to introduce biometric ...... to weed outduplicate and fake ones recently1) Debit cards2) Passports3) Driving licenses4) PAN cards5) None of these27.Which country is the single largest source for foreign directinvestment to India, accounting for 40 percent of FDI flows in thelast ten years, according to the Reserve bank of India ?1) USA2) UK3) Singapore4) Mauritius5) None of these28.The government plans to set up a Green National Accounting(GNA) system to evaluate impact of economic growth onenvironment. Who has been selected as the Chairperson of theexpert group on GNA ?1) Parthasarathi Shome2) Madhav Gadgil3) Partha Dasgupta4) B. Ulhas Karanth5) None of these29.Global Assessment Report (GAR) of which of the following hascomplimented the Government of India for its National RuralEmployment Guarantee Act (NREGA) recently ?1) European Union2) ILO3) IMF4) UN5) None of these30. The regulations pertaining to mergers and amalgamations (M &A) were issued by the Competition Commission of India (CCI) on

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May 12, 2011. Which of the following statements is / are correct ?I) Overseas acquisitions of Indina companies with no impact on thedomestic market will not come under the ambit of CCIII) M & A deals that were initiated before June 1, 2011 will not comeunder the ambit of CCIIII) Scrutiny of all M & A deals will be completed by the CCI within180 calendar days1) I only2) I and II only3) II and III only4) I, II and III5) None of these31.Which of then following statements about foreign investment inLimited Liability Partnership (LLP) companies is / are correct ?I) FDI will be allowed in LLPs in sectors like mining, power, roadsand highways, manufacturing activities, drugs and pharmaceuticalsII) FDI will not be allowed in LLPs engaged in agricultural andplantation activities, print media or real estate businessIII) LLPs have been allowed to access external commercialborrowings1) I only2) I and II only3) II and III only4) III and I only5) None of these32.Which is the first state to introduce e-payment system forcommercial tax payers recently ?1) Maharashtra2) Uttarakhand3) Karnataka4) Madhya Pradesh5) None of these33.Which of the following is not among the industries / sectors givenpriority in natural gas supply in the country ?1) Fertiliser2) LPG3) Steel4) Power5) None of these34.Where was the World Spice Organisation (WSO) set up recently?1) Kannur2) Kochi

3) Kollam4) Kottayam5) None of these35.Which of the following submitted a report titled 'Social Protectionfor a Changing India' - a comprehensive review of anti-povertyschemes such as PDS, MGNREGS, RSBY and IAY recently ?1) World Economic Forum2) CMIE3) World Bank4) IMF5) None of these36.Which of the following not one of the objectives of setting up theWarehousing Development and Regulatory Authority ?1) To improve farm sector yiled2) To enable farmers to avail of loans against foodgrains stored3) To reduce post-harvest losses in foodgrain storage4) To prevent post-harvest distress sales by farmers5) None of these37.The government approved the revival of Scooters India Limited(SIL) through induction of a joint venture partner recently. SIL sellsscooters under which trademark ?1) Mayur2) Bharat3) Vijay4) Vikram5) None of these38.The Petroleum Conservation and Research Association (PCRA)has unveiled plans to set up India's first Carbon Credit AggregationCentre (CCA) in which state ?1) Himachal Pradesh2) Uttarakhand3) Rajasthan4) Chhattisgarh5) None of these39.Which sectors were added to the list of six 'core sectorinfrastructure industries' recently?I) Water supplyII) Natural gasIII) Fertilisers1) I only2) I and II only3) II only4) III and II only5) None of these40.Bina Refinery is a joint venture of Bharat Petroleum and ........ Oil

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Company to set up a 6 MMTPA grass root refinery at Bina inMadhya Pradesh.1) Shell2) Qatar3) Emirates4) Oman5) None of these41.A high level committee of Bankers submitted its report on RuralHousing recently. Which of the following statements regarding itsrecommendations for Below the Poverty Line (BPL) Households is /are correct ?I) Allocation of grants for construction of rural housing units for BPLHouseholds should be increased to Rs. 75,000 per dwelling unitII) Repayment period should be reduced to ten yearsIII) BPL households should be provided a loand of Rs. 50,000 at 4%rate of interest1) II only2) I and II only3) II only4) III and I only5) None of these42.'Aichi Targets' refers to which of the following?1) Trade2) Education3) Nuclear safety4) Environment5) None of these43.Scheduled commercial banks do not require permission from theReserve bank of India for opening new branches in towns withpopulation less than .........1) 49,9992) 99,9993) 2,49,9994) 4,99,9995) None of these44.The National Rural Livelihoods Mission (NRLM) was launchedrecently. Which of the following statements is / are correct ?I) NRLM seeks to bring the rural poor under the Self Help Group(SHG) networkII) Services of Business Correspondents (BCs) will be utilised tospread the concept of NRLMIII) NLRM will facilitate access of bank credit to those covered under

the Mission1) I only2) I and II only3) II and III only4) I and III only5) None of these45.A committee headed by RBI deputy governor ShyamalaGopinath has recommended a 'holding company' structure for bothbanking and nonbanking financial groups recently. Which of thefollowing statements is / are correct ?I) Both the holding company as well as the subsidiaries can belisted on stock exchangeII) The subsidiaries will own equity stake in the holding company1) II only2) I and II only3) I only4) All of these5) None of these46.Which Indian corporate group has decided to enter the financialservices business in a tie up with D.E. Shaw of the US ?1) AV Birla Group2) Wipro Ltd3) Mahindra & Mahindra4) RIL5) None of these47.The Reserve Bank of India (RBI) recently relaxed the eligibilitynorms for using credit default swaps (CDS) on corporate bonds.What are CDS ?1) A form of loan that can be taken by pledging shares of acompany2) A form of credit rating that compares companies on their cashflow3) A form of insurance that protects the lender in case of loanddefault4) A form of loan that can be converted into equaity5) None of these48.Which of the following statements is /a re correct about IndianDepository Receipts (IDRs) ?1) They are issued by Indian companies to raise funds fromoverseas stock markets2) They are issued by foreign companies to raise funds from Indianstock markets3) They are denominated in foreign currency

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4) None of the above5) None of these49.Which is the first state in the country to sign an agreement withthe World Bank for securing carbon credits for its 'CleanDevelopment Mechanism' (CDM) recently ?1) Sikkim2) Uttarakhand3) Jammu Kashmir4) Himachal Pradesh5) None of these50. From which state was the National Rural Livelihood Missionlaunched recently ?1) Kerala2) Maharashtra3) Haryana4) Rajasthan5) None of theseANSWERS:1) 1 2) 4 3) 4 4) 3 5) 1 6) 4 7) 4 8) 4 9) 3 10)211) 3 12) 4 13) 1 14) 3 15) 4 16) 2 17) 4 18) 3 19)4 20) 421) 2 22) 3 23) 1 24) 4 25) 3 26) 4 27) 4 28) 3 29)4 30) 431) 2 32) 3 33) 3 34) 2 35) 3 36) 1 37) 4 38) 3 39) 440) 441) 2 42) 4 43) 1 44) 4 45) 2 46) 4 47) 3 48) 2 49)4 50) 4144IBPS CWE GENERAL AWARENESS MODEL SOLVEDPAPER1. We often come across the term Production Sharing Contract[PS(3)] in financial news these days. PSC refers to sharing of outputwith the government by companies, public sector as well privateones, in which sector ?1) Fertiliser2) Food processing3) Telecom4) Petroleum5) None of these2.What is the meant by recent news reports saying – "Indian Rupeeis appreciating"?I) THe purchasing power of the Rupee in India has declinedII) The exchange rate of Rupee in India has gone upIII) The purchasing power of the Rupee in India has gone up1) I only2) II only3) II or III only

4) III only5) None of these3.Which state was in news for passing a Bill for regulating MicroFinance Institutions recently?1) Tamil Nadu2) Bihar1453) Karnataka4) Andhra Pradesh5) None of these4.Which of the following has become the first state to sign a MoUwith the Ministry of Statistics and Programme Implementation underthe state statistical strengthening project (SSSP) that will aim atbuilding statistical capacity and infrastructure recently ?1) Uttar Pradesh2) Karnataka3) Kerala4) Tamil Nadu5) None of these5.The Pension Fund Regulatory and Development Authority(PFRDA) has taken which of the following decisions to popularisethe New Pension System (NPS) recently ?1) It has increased the interest rate on NPS deposits2) It has allowed premature withdrawals3) It has increased govt. subsidy for NPS deposit holders4) It has increased distributors' commission5) None of these6.The All India Federation of Horoogical Industries represents theinterests of which of the following sectors ?1) Horticulture2) Gems & Jewellery3) Watch4) Pharmaceuticals1465) None of these7.The Ministry of New and Renewable Energy has decided to ti-upwith which country to tap the latter's expertise in exploitinggeo-thermal energy resources recently ?1) South Africa2) Iran3) Iceland4) Bolivia5) None of these8.Which public sector bank copelted the acquisition JSC Dana Bankof Kazakhstan recently?1) Dena Bank

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2) Canara Bank3) PNB4) Bank of India5) None of these9.GRIHA rating system is used for which of the following ?1) Cement2) NBFCs3) Buildings4) Gold5) None of these10.The Genetic Engineering Appraisal Committee (GAC) recentlygave its approval for field trials of a genetically modified variety ofwhich of the following cash crops ?1471) Coconut2) Pepper3) Cardamom4) Rubber5) None of these11.Which of the following statements is/are correct about thedistribution of Central financial assistance to states ?I) Central financial assistance for states is calculated according tothe Gadgil FormulaII) The highest weightage is given to the per capita income of thestateIII) The lowest weightage is given to the population of the state1) I only2) I and II only3) II only4) I and III only5) None of these12.Which of the following public sector companies sells gold coinsand silver ornaments under the trademark 'Sanchi'?1) Rare Earths Ltd2) State Trading Corporation (STC)3) National Mineral Development Corporation (NMDC)4) Minerals and Metals Trading Corporation (MMTC)5) None of these13.Power produced from which of the following sources has thehighest share in India's annual power generation capacity ?1481) Hydro2) Coal3) Gas4) Nuclear5) None of these

14.What is the share of private expenditure on health in the totalhealth expenditure in India according to the World Health Report ofthe World Health Organisation released recently?1) 12%2) 37%3) 46%4) 72%5) None of these15.BHAVINI is a public sector company in which sector ?1) Shipping2) Metals trading3) Space4) Nuclear energy5) None of these16.Which of the following statements about the Indian Economy in2050 as per a recent report by Pricewaterhouse Coopers (Pwc) is /are correct ?I) India's GDP in Market Exchange Rate (MER) terms will be thefourth highest in the world in 2050II) India's GDP in Purchasing Power Parity (PPP) terms is thesecond highest in the world in 2050149III) Only China will be ahead of India in both MER and PPP terms in20501) I only2) I and II only3) II only4) II and III only5) None of these17.Which of the following are not listed on stock exchanges in India?1) Fertiliser companies2) NBFCs3) Insurance companies4) Airlines5) None of these18.What should be the minimum share of solar energy in states'total power purchases by 2022 as per the amendment in power tariffpolicy recently ?1) 1%2) 2%3) 3%4) 4%5) None of these

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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 automaticroute.150II) Up to 33 per cent FDI is permitted in single brand retailIII) 100 per cent FDI is permitted in wholesale cash and carry1) I only2) I and II only3) II only4) III and I only5) None of these20.Which of the following pairs of large banks and their countries oforigin is / are correctly matched ?I) JPM organ Chase - BritainII) ING Group - NetherlandsIII) Standard Bank - South Africa1) I only2) I and II only3) II and III only4) I, II and III5) None of these21.Which of the following statements about exicise duty on cottonand man - made (synthetic) fibres is / are correct ?I) Man - made (synthetic) fibres attract a higher excise duty thancotton fibresII) Man-made (synthetic) fibres attract lower excise duty than cottonfibresIII) No excise duty is levied on cotton fibres1) I only2) II only3) I and III only1514) III only5) None of these22.The Bombay Stock Exchange launched the BSE TASIS Shariah50 - a stock index that is compliant with Shariah - recently. TheIndex cannot invest in shares of companies in which of the followingsectors ?I) BankingII) Cement & SteelIII) Alcohol & tobacco products1) I only2) I and II only3) III only

4) I and III only5) None of these23.Which of the following has launched the 'Bank on Bike' initiativeto cover villages untouched by banking facilities so far recently ?1) Bank of India2) Bank of Baroda3) Central Bank of India4) SBI5) None of these24.Which of the following has decided to enter the nuclear powersector following an agreement with the Nuclear Power Corporationrecently ?1) Tata Power2) NHPC1523) Indian Oil4) ONGC5) None of these25. Which of the following pairs of India's public sector banks andtheir headquarters are correctly matched ?I) Punjab National Bank - New DelhiII) Allahabad bank – KolkataIII) Bank of India - Mumbai1) I only2) I and II only3) II and III only4) I, II and III5) None of these26.The tax on short - term capital inflows is named after whichNobel Laureate in economics ?1) Gary Becker2) james M. Buchanan3) James Tobin4) Myron Scholes5) None of these27.The term 'round - tripping' often appears in financial news thesedays. What does it mena?1) Importing products that are not easily available in the domesticmarkes2) Indian companies re-exporting imported products without anyvalue addtion1533) Brining back illicit money hiddern aborad by Indians under adifferent name

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4) Imposing high customs duty to discourage dumping of goods inIndian market5) None of these28.Infant Mortality Rate (IMR) data for high focus states (stateswhere IMR is above national average) is collected once every fiveyears. The Union Health Ministry has now decided to collect suchdata .......1) half yearly2) annually3) once every two years4) once every three years5) None of these29.Which country's gold output of 340.88 tonnes was the highest inthe world in 2010 ?1) Canada2) South Africa3) China4) USA5) None of these30.Which of the following became the first oil & gas company to findshale gas deposits in India recently ?1) Reliance Industries Ltd.2) Cairn India3) Essar Oil1544) ONGC5) None of these31.'Anushakti Vidhyut Nigam Ltd' was incorporated as a jointventure between Nuclear Power Corporation of India Ltd and whichof the following recently ?1) NMDC2) NHPC3) BEL4) NTPC5) None of these32.Which of the following was founded in 1956 by the Governmentof India with funding from the Ford Foundation ?1) National Institute of Public FInance and Policy2) National Institute of Bank Management3) National Institute of Findnancial Management4) National Council of Applied Economic Research5) None of these33.China emerged as the world's second largest economy in 2010overtaking ......

1) France2) Britain3) Germany4) Japan5) None of these34.CARINGS has been launched by Ministry of Womena nd Child155Development to :1) improve gender parity2) reduce infant mortality3) improve child immunisation4) facilitate adoption5) None of these35.The Union Cabinet has approved amendments in the CoinageBill 2009 that seeks to amalgamate four existing Acts relating tocoinage recently. Which of the following Acts is the oldest ?1) The Indian Coinage Act2) The Small Coins (Offences) Act3) The Metal Token Act4) The Bronze Coin (Legal Tender) Act5) None of these36.Which of the following is not a hedge fund ?1) Magellan2) Hibhbridge3) Gartner4) D.E. Shaw5) None of these37.Preferred Provder Network (PPN) is a term used n which of thefollowing businesses ?1) Commodities trading2) Retailing3) Health insurance4) Foreign trade1565) None of these38.Which of the following has introduced a new tool named DataWare Housing and Business Intelligence System (DWBIS) forspeedy analysis of data and identification of violations?1) IRDA2) SEBI3) RBI4) TRAI5) None of these39.The government has introduced three new consumer priceindices – CPI (Rural), CPI (Urban) & CPI (Combined) – with 2010as the base year recently. Which of the following is not among the

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five major commodity groups covered in the indics ?1) Food, beverages and tobacco2) Fuel and light3) Education and schooling4) Housing5) None of these40.Which of the following has launched the 'Everywhere TellerMachine' (ETM) in India ?1) Stanchart Bank2) HDFC Bank3) SBI4) Axis Bank5) None of these15741.Regional Rural Banks (RRBs) are owned b :I) Their Sponsor BankII) Government of the state where they are locatedIII) Union government1) I only2) I and II only3) II and III only4) I, II and III5) None of these42.'Easy Exit Scheme 2011' floated by the Ministry of CorporateAffairs refers to which of the following ?1) Privatisation of loss-making public sector companies2) Removal of names of defunct companies from the Registrar ofCompanies3) Closure of loss-making industries after paying off creditors4) Removal of SEZ status for companies not fulfilling exportobligations5) None of these43.What is the financial inclusion campaign lacunched by thegovernment to bring banking services to vast unbanked rural areasin the country recently named ?1) Swawlamban2) Swatantra3) Swadhar4) Swabhiman5) None of these15844.Whch of the following statements about India's population andsurface area is are correct as per the provisional figures of Census2011 ?I) India accounts for 2.4 percent of the world surface areaII) India sustains 17.5 percent of the world populationIII) Population density has increased between 2001 and 2011

1) I only2) I and II only3) III and I only4) I, II and III5) None of these45.According to the RBI, branches serving population of ........ andabove are classified as Metropolitan branches1) 5 lakh2) 10 lakh3) 25 lakh5) 50 lakh5) None of these46.Which state government has announced introduction of 'VanitaFamily Card' for below poverty line families that will enable themtravel in road transport corporation buses at concessional faresrecently ?1) Karnataka2) Tamil Nadu3) Maharashtra4) Andhra Pradesh5) None of these15947.'French Auction' is a term used in which of the following sectorsof financial services ?1) Banking2) Insurance3) Capital markets4) Micro-finance5) None of these48.The department of industrial policy and promotion (DPP) ispromoting NMIZs to improve the spread of industrilisation in thecountry. NMIZ refers to which of the following ?1) New Manufacturing and Investment Zones2) National Medium Industry Zones3) National Manufacturing Industry Zones4) National Manufacturing and Investment Zones5) None of these49.Which state / union territory has the lowest literacy rate as perprovisional figures of Census 2011 ?1) Orissa2) Mizoram3) Bihar4) Rajasthan5) None of these50.The Department of Industrial Poliyc and Promotion announced

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changes in FDi policy recently. Which of the following statements is/ are correct ?160I) Indian companies have been allowe to convert foreign debt intoequityII) Indian companies have been allowed to issue equity to fundimports of machinery and capital goodsIII) 51 per cent FDI is currently allowed in multi-branch retail trade1) I only2) I and II only3) II and III only4) III and I only5) None of theseANSWERS:1) 4 2) 2 3) 4 4) 2 5) 4 6) 3 7) 3 8) 3 9) 3 10) 411) 1 12) 4 13) 2 14) 4 15) 4 16) 4 17) 3 18) 3 19) 420) 3 21) 3 22) 4 23) 4 24) 3 25) 4 26) 3 27) 3 28) 229) 330) 4 31) 4 32) 4 33) 4 34) 4 35) 3 36) 3 37) 3 38) 239) 3 40) 441) 4 42) 2 43) 4 44) 4 45) 2 46) 4 47) 3 48) 4 49)3 50) 2161IBPS CLERKS GENREAL AWARENESS MODEL PAPER1.Cairo Programme of Action (POA) refers to which of the following?1) Vaccination2) Adult literacy3) Food security4) Population control5) None of these2.Justice Wadhwa Committee is reviewing the functioning of whichof the following ?1) Mid-day meal programme2) Rashtriya Swasthaya Bima Yojna3) Public Distribution System4) Public Distribution System5) None of these3.What is the objective of the Central Registry launched under theprovisions of the SARFAESI Act 2002, recently ?1) To preent leakage of funds in delivery of central governmentsponsored rural emloyment sches2) To prevent tax evasion by Indians by keeping track of largetransactions in the banking system

3) To prevent frauds in loan cases involving multiple lending fromdifferent banks on the same asset4) To ensure timely delivery of agricultural credit under prioritysector norms by public sector banks1625) None of these4. What is the objective of the National Mission for Electric Mobilitylaunched recently ?1) Promoting the use of energy saving devices2) Promoting the replaement of diesel by electric locomotives inIndian Railways3) Promoting spread of mob ile services in rural areas4) Promoting the use of battery operated vehicles5) None of these5.What is the objective of India Smart Grid Forum (ISGF) ?1) To promote R 7 D collaboration between universities and industry2) To promote the use of non - renewable sources of energy3) To promote higher education using broadband4) TO promote energy effeciency in power sector5) None of these6.Which of the following became India's first bank to facilitatepayment of income tax using ATMs recently ?1) State Bank of India2) Punjab National Bank3) Canara Bank4) Union Bank of India5) None of these7.Which of the following has / have been selected as the sole fundmanager by the Employees Provident Fund Organisation (EPFO) tomanage its corpus of about Rs 3.5 lakh crore recetly ?1631) State bank of India2) ICICI Prudential3) HSBC4) Reliance Capital5) None of these8.Rabobank has received the Reserve Bank of India approval to setup its first branch in India recently. It is a bank headquartered inwhich country ?1) France2) Belgium3) Britain4) Netherlands5) None of these

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9.The government has approved the creation of posts of 'IndirectTax Ombudsmen' in several cities recently. Which of the followingstatements about is / are correct ?I) It will be set up in seven citiesII) It will examine public complaints on income tax mattersIII) It will have the powers to give settle claims and give awards" tothe aggrieved parties1) I only2) II and III only3) II only4) III and I only5) None of these10.What does 'remittances', a word we often come across in articles164on foreign exchange reserves in newspapers, refer to ?1) Postponement of paymnets to the IMF2) Money transfer by amigrant worker to their home country3) Donation by individuals to a chartiy4) Taxation obligation of developing countries5) None of these11.Which state has launched the 'Jeevandhara' programme toprovide quality medicines at affordable prices to the poor recently ?1) Andhra Pradesh2) Maharashtra3) Rajasthan4) Gujarat5) None of these12.The abbreviation 'EAG states' mentioned in the Census 2011refers to which of the following?1) Eligible Action Group States2) Economically Advancing Group States3) Empowered Action Group States4) Empowered Advancing Group States5) None of these13. Which of the following had the highest share of bank credit(occupation - wise) as on March 31, 2009 according to a RBI reportreleased recently ?1) Agriculture2) Industry3) Trade1654) Transport Operators5) None of these14.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 regulatorII) The Bill was supported by Left PartiesIII) The Bill was supported by the BJP1) I only2) I and II only3) II and III only4) III and I only5) None of these15.The Banking Laws (amendment) Bill 2011 was tabled inParliament recently. Which of the following statements is / arecorrect as per current policy ?I) Nationalised banks cannot issue bonus sharesII) Nationalised banks can raise capital through rights issuesIII) Nationalised banks cannot issue preference shares1) I only2) I and II only3) II only4) III and I only5) None of these16.The government has tabled a Constitution Amendment Bill onthe Goods and Services Tax (GST) in Parliament recently. WHich of166the following statements is /a re correct ?I) GST will replace many taxes levived at the Centre, includingexcise duty and service taxII) GST will replace many taxes levied at the state level, includingsales tax and entertainment taxIII) Currently states are not allowed to tax sale of goods, while theCentre cannot tax services1) I only2) I and II only3) II only4) III and II only5) None of these17. The Banking Laws (amendment) Bill 2011 was tabled inParliaent recently. Which of the following statements is / are correctas per current policy ?1) At present promoters and shareholders of private banks cannotexercise voting rights in proportion to their shareholdingII) Voting rights of a non - governments shareholder in nationalisedbanks cannot exceed 5% irrespective of the size of his shareholding

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III) Voting rights of a shareholder in private sector banks cannotexceed 10% irrespective of the size of his shareholding1) I only2) I and II only3) II only4) III and I only5) None of these18.What is the FDi limit in the insurance sector in India ?1671) 11%2) 26%3) 49%4) 51%5) None of these19.Which of the following is launchign 'Rupay' as a domesticalternative to the global real-time payment processing firms likeVisa, MasterCard?1) CCA venue Payment Gateway2) PayPal Corporation of India3) Industrial Financial Corporation of India4) National Payments Corporation of India5) None of these20. Export of which of the following crop is / are allowed currently ?1) Wheat2) Non-Basmati rice3) Sugar4) Pulses5) None of these21.Which of the following is the oil exploration & productioncompany operating in Siberia and owned by the ONGC ?1) Venture Production2) Regarl Petroleum3) Enterprise Oil4) Imperial Energy5) None of these16822. The government has decided provide equity support to publicsector banks (PSBs) to raise its holding to .........1) 55%2) 58%3) 62%4) 68%5) None of these23.Which of the following is / are not covered under the compulsorylabelling programme of the Bureau of Energy Efficiency (BEE) ?1) Air conditioners2) Refrigerators3) Geysers

4) Distribution transformers5) None of these24. Which foreign bank publishes the monthly PurchasingManagers' Index (PMI) that measures the health of manufacturingsector in India and is based on a survey of top 500 companies ?1) Barclays2) HSBC3) Stanchart Bank4) Citi Bank5) None of these25. Which of the following has become the first state in the countryto announce a monthly allowance to unemployed under-graduatesrecently ?1691) Karnataka2) Rajasthan3) Goa4) Maharashtra5) None of these26. How many commercial banks are functioning in India as per the'Statistical Tables Relating To Banks in India 2009-10 unveiled bythe RBI in March 2011 ?1) 1352) 1673) 1934) 2565) None of these27.The Rashtriya Krishi Vikas Yojana (RKVY) will be implementedin the coming year (2011 - 12) with a budget of Rs. 7860 crore andnine sub - schemes. Which of the following sub-scheme refers tolivestock development, dairy farming and fisheries ?1) Rainfed Area Development Programme2) National Mission for Protein Supplements3) Promotion of Oil Palm4) Accelerated Fodder Development Programme5) None of these28. What was the share of priority sector lending in lending bycommercial banks as on March 31, 2010 as per the 'StatisticalTables Relating to Banks in India 2009-10' report univeiled by theRBI recently ?1701) 16%

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2) 24%3) 31%4) 36%5) None of these29. Under the current merger & acquisition policy, any deal involvingacquisition of ..... or more in a listed company requires the acquirerto make an open offer for buying at least ....... stake from publicshareholders.1) 5 per cent, 10 per cent2) 10 per cent, 15 per cent3) 15 per cent, 20 per cent4) 20 per cent, 25 per cent5) None of these30.Pradhan Mantri Adarsh Gram Yojana (PMAGY) is for theintegrated development of which of the following category of villages?1) Villages where SCs comprise more than 25% of population2) Villages where SCs & STs comprise more than 50% ofpopulation3) Villages where STs comprise more than 25% of population4) Villages where SCs comprise more than 50% of population5) None of these31. How much as the requirement of water for irrigation in India asper a recent assessment by the National Commission for IntegratedWater Resources Development (NCIWRD) ?1711) 4000 billion cubic meters (BCM)2) 1869 BCM3) 1123 BCM4) 557 BCM5) None of these32.Which foreign bank has the highest number of employees inIndia ?1) HSBC2) Royal Bank of Scotland (RBS)3) Standard Chartered Bank4) Citibank5) None of these33.Which of the following statements about solvency ratio in theinsurance sector is /are correct?I) IRDA has directed general insurance companies to increase theirsolvency ratios for vehicle insuranceII) A high solvency ratio indicats lower probability of defaultIII) A higher solvency ratio indicates better financial health of the

insurance company1) I only2) I and II only3) II and III only4) I, II and III5) None of these34. Which of the following regions had the highest number of bankbranches in the country as per the 'Statistical Tables Relating to172Banks in India 2009-10' unveiled by the RBI recently?1) Rural2) Semi-Urban3) Urban4) Metropolitan5) None of these35.Which state has the highest number of commercial bankbranches in India as on March 31, 2010 as per the 'StatisticalTables Relating to Banks in India 2009-10' report unveiled by theRBI recently ?1) UP2) Maharashtra3) Andhra Pradesh4) Tamil nadu5) None of these36. Which of the following does not come under the definition ofScheduled Commercial Banks in India ?1) Scheduled State Co - operative Banks2) cheduled Urban Co - operative Banks3) REgional Rural Banks4) None of the above5) None of these37.Which of the following is / are implementing the TraditionalKnowledge Digital Library (TKDL) project ?I) Ministry of Science and TechnologyII) Council of Scientific and Industrial Research173III) Ministry of Health and Family Welfare1) I only2) I and II only3) II and III only4) I, II and III5) None of these38. What ws the poverty rate in 2009-10 according to recentestimates by Planning Commission ?1) 28%2) 30%3) 32%4) 34%5) None of these

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39.Which of the following statements about demand and supply ofpetroleum products in India is / are correct ?I) India's current petroleum refining capacity is 240 million tonnesper annum (MTPa)II) India's demand for the petroleum products is less than its refiningcapacityIII) Further addition in refining capacity is likely to boost country'sexports of petroleum products1) I only2) I and II ony3) II and III only4) III and I only5) None of these17440. Which of the following has launched the 'Trans Union Score'that will indicate credit worthiness of consumers applying for loansfrom banks ?1) Experian Credit Information Co2) Indian Credit Rating Agency3) Credit Information Bureau Ltd4) Euifax Information Services5) None of these41. Which bank has announced an end to its 'teaser' home loanscheme recently ?1) Bank of India2) HDFC Bank3) Union Bank4) State Bank of India5) None of these42.The government has decided to set up an inter-ministerial groupchaired by Planning Commission member Arun Maira to examinethe 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 these43. Which of the following is the criterion for allocation of foodgrainsunder the Public Distribution System (PDS) to below poverty line175(BPL) families ?

1) Same quantity of foodgrains is given to every BPL family2) The quantity of foodgrains given depends on the number ofmembers in the BPL family3) The quantty of foodgrains given depends on the annual incomeof the BPL family4) Both (2) & (3)5) None of these44.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 crores2) Rs. 0.95 lakh crore3) Rs. 1.17 lakh crore4) Rs. 1.46 lakh crore5) None of these45.The government has launched 'Service Discharge BenefitScheme' for over 2.7 lakh employees of which organisation recently?1) Department of Telecom2) Indian Army3) Department of Posts4) Indian Railways5) None of these46. Accredited Social Health Activists (ASHAs) In which state areknown as 'Mitanins' ?1) Jharkhand1762) Rajasthan3) Orissa4) Chhattisgarh5) None of these47. 'Health and Wellness Tourism – Advantage India', a study thatoffers a 10 - point prescription to boost health and wellness tourismin India, is a joint initiative of YES Bank and ....1) MCI2) IMA3) FICCI4) CII5) None of these48. Kimberley Process certificates are compulsory for for trade inwhich of the following ?1) Gold2) Diamonds3) Radioactive materials4) All the above5) None of these

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49. The Ministry of Statistics 7 Programme Implementation recentlydecided to allow MPs to spend a maximum of Rs. 10.00 lakhs peryear from their MPLAD funds for :1) creating awareness about social welfare schemes of thegovernment2) building sports facilites in their constitutencies3) rehabilitation of those affected by natural calamities1774) giving assistance to the physically challenged in theirconstitutencies5) None of these50. The Foreign Contribution Regulation Act (FCRa) 2010 came intoeffect from May 1, 2011. Which of the following statements is / arecorrect ?I) 'Organisations of political nature' can receive foreign funds onlyafter prior clearances from the governmentII) Organisations that receive foreign funds will have to renew theirregistration once every three yearsIII) Banks will have to immediately report to the government aboutall foreign funds exceeding Rs. 10 lakh1) I only2) I and II only3) II only4) III only5) None of theseANSWERS:1) 4 2) 4 3) 3 4) 4 5) 4 6) 4 7) 1 8) 4 9) 4 10)111) 1 12) 3 13) 2 14) 4 15) 4 16) 2 17) 4 18) 2 19)4 20) 321) 4 22) 2 23) 3 24) 2 25) 3 26) 2 27) 2 28) 3 29)3 30) 431) 4 32) 3 33) 4 34) 1 35) 1 36) 4 37) 4 38) 3 39) 340) 341) 4 42) 4 43) 1 44) 4 45) 3 46) 4 47) 3 48) 2 49)1784 50) 4179IBPS BANKING AWARENESS PRACTICE MODEL PAPER1. From which state was the Janani 0 Shishu SurakshaKaryakram (JSSK) of the Ministry of Health and Family Welfarelaunched recently ?1) Kerala2) Maharashtra3) Haryana4) Rajasthan

5) None of these2. RBI has decided to release a Rs. 5 coin mark 1000 years ofwhich temple recently ?1) Sabarimala Temple2) Kashi Vishwanath Temple, Varanasi3) Brihadeeswara Temple, Thanjavur4) Vaishno Devi Temple5) None of these3. Which of the following approved $ 1 billion loan for the NationalGanga River Basin Project recently ?1) UNEP2) ADB3) World Bank4) All above jointly5) None of these4. The revised estimates of national income for the financial year1802010-11 were released by the Central Statistical Organisation(CSO) on May 31, 2011. Which of the following statements is / arecorrect ?I) Gross Domestic Product (GDP) at factor cost at 2004-05 prices isRs. 4877842 croreII) Per Capita GDP at factor cost at 2004-05 prices is Rs. 38,247III) Per Capita Net National Incoem (NNI) at factor cost at 2004-05prices is Rs. 35,9171) I only2) I and II only3) II and III only4) I and III only5) None of these5. The government has set up ......... Vidyut Vyapar Nigam' as theCentral Agency to purchase solar power from the developers andsell it to distribution companies such as state electricity boards.1) BHEL2) NHPC3) REC4) NTPC5) None of these6. The Reserve Bank of India (RBI) announced a change in itsoverseas direct investment guidelines to give Indian companiesmore flexibility in managing international joint ventures (JVs) and

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wholly-owned subsidiaries. Which of the following statements is /are correct ?I) Listed companies will be allowed to write off 25 per cent capital,181loans and other receivables such as royalty and management fee oftheir JVs and wholly-owned subsidiaries without seeking RBIpermissionII) These guidelines will be applicable for JVs in which Indianpromoters own at least 51 per centIII) Existing regulations allow restructuring of balance sheets only forwinding - up of JVs and wholly - owned subsidiaries abroad1) II only2) I and II only3) III and I only4) I, II and III5) None of these7. Which public sector bank is associated witht he launch ofIndia's first Gramin Bank (Rural Bank) ATM Card in asociation withVranasi - based Kashi Gomti Samyut Gramin Bank and NationalPayments Corporation of India (NPCI) recently ?1) Allahabad Bank2) SBI3) Canara Bank4) UBI5) None of these8. The government announced the setting up of a special wing -Directorate of Income Tax (Criminal Investigation) - to investigatecriminal offences under direct tax laws recently. Which of thefollowing statements is / are correct ?I) It will work under the purview of Enforcement DirectoratII) It will cover evasion of income tax and corporate tax182III) It will cover evasion of excise and customs duties1) I only2) I and II only3) II only4) III only5) None of these9. Which of the following is not among the five-fold strategyadopted by the government to tackle the menace of illicit funds ?1) Joining global crusade against 'black money'2) Creating an appropriate legislative framework3) Setting up institutions for dealing with Illicit Funds4) Offering amnesty schemes to bring back black money

5) None of these10. The National Food Security Mission (NFSM) does not cover :1) Rice2) Coarse Cereals3) Pulses4) All the above5) None of these11. Which of the following statements about rules governing theNew Pension Scheme (NPS) is / are correct ?I) Fund managers under NPS can be from public sector as well asprivate sectorII) NPS funds cannot be invested in equity marketsIII) Both government and private sector employees can invest inNPS1831) I only2) I and II only3) II and III only4) I and III only5) None of these12. SCORES is a complaints redressal system launched by :1) SEBI2) IBA3) CBDT4) CCI5) None of these13. Direct tax collections account for what share of GDP in India ?1) 9.26 per cent2) 7.62 per cent3) 5.66 per cent4) 4.72 per cent5) None of these14. The government has increased the duty - free import quota forgarments from which neighbouring country by two million pieces to10 million recently ?1) Nepal2) Bangladesh3) Myanmar4) Bhutan5) None of these18415. The Committee set up to review the functioning of the NationalSmall Savings Fund (NSSF) submitted its report to the FinanceMinistry recently. Which of the following statements is / are correct ?

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I) It has recommended an increase in the ceiling on annualsubscriptions in Public Provident Fund (PPF).II) It has recommended an upward revision of the rate of interest inPost Office Saving Account from 3.5% to 4%.III) It has recommended in increae in the compulsory investment ofnet small savings collections in State Government Securities1) I only2) I and II only3) II and III only4) I and III only5) None of these16. Which of the following statements regarding recent changes inthe Indira Gandhi National Old Age Pension Scheme (IGNOAPS) is/ are correct ?I) Age limit for identification of beneficiaries has been loweredII) 60 years is the new age limit for identification of beneficiariesIII) Monthly pension has been increased for al beneficiaries1) I only2) I and II only3) II only4) I, II and III5) None of these17. The draft National Manufacturing Policy was given in -principle approval by a High Level Committee on Manufacturing,185held under the Chairmanship of the Prime Minister recently. Whichof the following statements is / are correct ?I) The objective is to generat 100 million additional jobs by 2025II) The objective is to raise the share of manufacturing in GDP to30% by 2025III) Manufacturing Industry Promotion Board (MIPB) should be setup to facilitate overseas investments by Indian companies1) I only2) I and II only3) II and III only4) I, II and III5) None of these18. The government announced certain changes in the IndiraGandhi 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 IGNOAPScurrently

II) Total additional requirement of funds for implementing thechanges will be Rs. 2,770 crore in 2011-12II) Age limits for windows and disabled covered under the schemehas been lowered1) I only2) I and II only3) II only4) II and III only5) None of these19. The National Broadband Plan is aimed at rolling out186broadband infrastructure to every village with more than ...... people.1) 5002) 10003) 15004) 20005) None of these20. The new series of the Index of Industrial Production (IIP) wasunveiled recently. Which of the following statements is / are correct?I) 2004-05 will be the base yearII) The weight of manufacturing in the new IIP has been increasedIII) The weight of mining and electricity has been reduced in the newIIP1) I only2) I and II only3) II and III only4) I, II and III5) None of these21. The government replaced the Duty Entitlement Pass Book[DEP(2)] scheme of export promotion replaced with Duty Drawbackscheme on September 30. Which of the following statements is / arecorrect?I) DEPB was a reimbursement of Customs duty paid by an exporteron an imported input used in the export productII) DEPB was a cashless export promotion schemeIII) DEPB was administered by the revenue department of FinanceMinistry1871) I only2) I and II only3) II and III only

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4) III and I only5) None of these22. What is the interest rate in 2011-12 on fresh loans for farmerswho have repaid their previous short - term loans on time ?1) 3%2) 4%3) 5%4) 6%5) None of these23. Which of the following indexes was coined by economistArthur Okun ?1) Corruption Perception Index2) Network Readiness Index3) Terrorism Risk Index4) Misery Index5) None of these24. Which of the following category of workers were includedunder the Rashtriya Swasthya Bima yojana (RSBY) recently ?1) Railway porters2) Beedi workers3) Carpenters4) Masons5) None of these18825. Which of the following have been disallowed from openingbranches abroad by the RBI recently ?1) Private sector banks2) Pension Funds3) Cooperative banks4) NBFCs5) None of these26. Which of the following is the power excahnge being set up byNPTC ?1) Bharat Power Exchange Ltd2) National Power Exchange Ltd3) Power Exchange India Ltd4) None of the above5) None of these27. India has filed an application for an extension of its ExclusiveEconomic Zone (EEZ) from ...... nautical miles to ............. nauticalmiles with the United Nations Commission on the Law fo the Sea1) 100, 3002) 200, 2503) 100, 2504) 200, 3505) None of these

28. Which was India's best performing state during 1980-2004 interms of productivity of the organised manufacturng sector,according to a RBI sponsored study unveiled recently ?1891) Bihar2) Tamil Nadu3) Karnataka4) Haryana5) None of these29. What was the insurance penetration (percentage of insurancepremium to Gross Domestic Product) in India in 2009 according tofigures released by the Finance Ministry in August 2011 ?1) 3.142) 4.803) 4.704) 5.395) None of these30. Indian - mining companies have bid for a stake in Hajigak .....ore mines in Afghanistan1) Bauxite2) Copper3) Iron4) Coal5) None of these31. India and ir Lanka signed a MoU to develop the ....... port inJuly 20111) Kankesanthurai2) Hambantota3) Trincomalee4) Galle1905) None of these32. The establishment of Serious Fraud Investigation Office totackle white collar crimes is based on the recommendations of :1) Vepa kamesam committee2) J. Venkateswarlu committee3) Jaydeep N. Shah committee4) Nilesh S. Vikamsey committee33. 'Sukhi Griha Parikalpana' is a housing welfare scheme forrehabilitation of slum dwellers launched by which centralgovernment ministry?1) Railway2) Rural Development3) Urban Development4) Labour & Employment5) None of these

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34. A draft policy on foreign direct investment (FDI) in multi-brandretail was unveiled by a committee of secretaries (CoS) in July2011. Which of the following statements regarding current FDIpolicy in retail is / are correct ?I) FDI upto 10% is permitted in multi-brand retail.II) 100% FDI is permitted in cash & carry wholesale tradeIII) FDI upto 51% is permitted in single - brand retail1) I only2) I and II only3) II and III only4) I, II and III1915) None of these35. The government approved the acquisition of ...... Commercialand International Bank Ltd.' by ........ was approved by thegovernment in July 2011.1) State Bank of India2) Bank of India3) Axis Bank4) ICICI5) None of these36. What is the base year of the new series of Consumer PriceIndices (CPI) for rural, urban and combined introduced by thegovenment in January, 2011 ?1) 20052) 20073) 20084) 20105) None of these37. 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 Exchange2) MCX-SX3) Bombay Stock Exchange4) OTCEI5) None of these38. Use of the which of the following softwares in reporting financial results of companies was made compulsory by the government recently?1) XBRL2) Tally3) HTML4) COBOL5) None of these39. What is the minimum time of operation an insurance companyis required to launch an initial public offer (IPO) ?

1) 3 years2) 5 years3) 7 years4) 10 years5) None of these40. The Finance Ministry recently unveiled the structure of theinfrastructure debt funds (IDFs) proposed in Budget 2011-12. Whichof 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 SEBI1) I and II only2) II only3) II and III only4) I, II and III5) None of these19341. 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 toacquire a further ..... of the shareholding of the company1) 18%2) 20%3) 24%4) 26%5) None of these42. The comprehensive economic partnership agreement (CEPA)between India and Japan came into effect on August 1, 2011. Thisis India's third CEPA after .......1) USA and United Kingdom2) Singapore and South Korea3) Malaysia and Thailand4) China and Hong Kong5) None of these43. The European Union has decided to lift restrictions on India'sexport of which of the following passing through European ports ?1) Processed food2) Cheap medicines3) Arms and Ammunition4) Radioactive waster5) None of these44. Which state has the highest slum population in India according

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to Housing and Urban Poverty Alleviation Ministry ?1) Maharashtra2) Andhra Pradesh3) Uttar Pradesh4) West Bengal5) None of these45. What is India's Per Capita Income at current prices in 2010-11?1) Rs. 41,5322) Rs. 45,2783) Rs. 49,2944) 54.8355) None of these46. 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 these47. The M. Damodaran committee on customer services by bankshas suggested sweeping changes in banking practices in its reportsubmitted to the Reserve Bank of India (RBI) in August 2011. Whichof the following statements regarding its recommendations is / arecorrect ?I) There should be a common customer service call centre for allbanksII) Insurance cover for deposits should be raised to Rs 500, 000from Rs 100,000 nowIII) Banks should offer savings accounts with facilities like chequefacility, ATM card, etc without prescribing a minimum balancerequirement1) I only2) I and II only3) II and III only4) I, II and III48. The State Bank of India (Subsidiary Banks Laws) AmendmentBill 2009 was passed by the Lok Sabha on August 11, 2011. Whichof the following statements is / are correct ?I) It allows subsidiary banks of State Bank of India (SBI) to raisecapital through public issue route or through preferential allotment of

equity sharesII) It authorises the Centre to approve increase in or reduction ofthe authorised capital of a subsidiary bankIII) It permits the SBI Chairman to nominate an official of the StateBank or the subsidiary bank as the Chairman of the Board of asubsidiary bank1) I only2) I and II only3) II and III only4) I, II and III5) None of these49. Which of the following is / are sold below market price toconsumers in India ?1) Kero sene2) Diesel3) LPG4) All the above5) None of these50. The Standing Committee on Petroleum and Natural Gas in itsreport submitted on August 3, 2011 has called for an end to sale ofsubsidised domestic cooking gas (LPG) for people with income ofmore than ....... per annum.1) Rs 2 lakh2) Rs 3 lakh3) Rs 4 lakh4) Rs 6 lakh5) None of theseANSWERS:1) 3 2) 3 3) 3 4) 4 5) 4 6) 4 7) 4 8) 3 9) 4 10) 211) 4 12) 1 13) 3 14) 2 15) 2 16) 2 17) 1 18) 419) 1 20) 121) 2 22) 3 23) 4 24) 2 25) 4 26) 2 27) 4 28) 1 29)4 30) 331) 1 32) 1 33) 1 34) 4 35) 1 36) 4 37) 1 38) 1 39) 440) 441) 4 42) 2 43) 2 44) 1 45) 4 46) 4 47) 4 48) 4 49)4 50) 4

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