Wednesday 16 November 2011

GENERAL AWARENESS MODEL QUESTIONS

1. As per the existing norms and policies of the RBI, Banks are required to advance how much of their total advances to priority sectors ?
A.30%
B. 35%
C. 40%
D. 25%
Answer: (C)

2. The rate of interest, banks charge to its main/major and prime; customers is popularly called as..............
A. risk premium
B. prime lending rate
C. repo rate
D.reverse repo rate
Answer: (B)

3. Which of the following was the mutual fund listed on the newly launched mutual fund platform on National Stock Exchange ?
A. UTI Mutual Fund
B. SBI Mutual Fund
C. LIC Mutual Fund
D. Bank of Baroda Mutual Fund
Answer: (A)

4. Which of the following cannot be called as debt instrument as referred in financial transaction ?
A.certificate of deposit
B. bonds
C. stocks
D. loans
Answer: (D)

5. Which of the following organizations/agencies has recently released "Asian Development Outlook 2011" ?
A. world bank
B. Asian Development Bank
C. UNCTAD
D. UNESCO
Answer: (B)

6. When was the "Self Help Group" bank linkage programme started ?
A. 1992
B. 1995
C. 1998
D. 2001
Answer: (A)

7. While returning cheques, the uniforms regulations and rules for bankers clearing houses expect the banks that the returning memo sent by banks to the collecting banks :
A.should be signed
B.should be signed or initialed
C.if it is computerized no signatures or initials are required
D.all of the above
Answer: (B)

8. The RBI on July 5,2011 extended the .......... percent ceiling of bank investment in liquid schemes of mutual funds to include short-term debt funds.
A.5
B.8
C.10
D.12
Answer: (C)

9. RBI has introduced a new series of 'star' bank note, which will be issued in denominations of ?
A. Rs. 10 , Rs. 20 , Rs. 50
B. Rs. 10 , Rs. 50 , Rs. 100
C. Rs. 20 , Rs. 50 , Rs.100
D.Rs. 20 , Rs. 100 , Rs. 500
Answer: (A)

10. Recently which bank has successfully completed 100 years?
A. Punjab National bank
B. Central Bank of India
C. Bank of India
D.State Bank of India
Answer: (B)

11. If you see a big hoarding at a prominent public place, the punch line of which says ‘We All Were Born Free’; ‘We All Have Equal Rights’, in all probability, the hoarding is put up by—
A. Union Public Service Commission
B. Ministry of Foreign Affairs
C. National Human Rights Commission
D. National Commission for Farmers
Answer: (C)

12. Who amongst the following was India’s official candidate for the post of UNO’s Secretary General ?
A.Mr. Shyam Saran
B. Mr. Vijay Nambiar
C.Mr. Shashi Tharoor
D.Dr. C. Rangarajan
Answer: (C)

13. Prof. Muhammad Yunus the recipient of the Nobel Peace Prize 2006 is the exponent of which of the following concepts in the field of banking ?
A. Core Banking
B. Micro Credit
C. Retail Banking
D. Internet Banking
Answer: (B)

14. Many a time we read in the newspapers that RBI has changed or revised a particular ratio/rate by a few basis points. What is basis point ?
A. Ten per cent of one hundredth point
B. One hundredth of 1%
C. One hundredth of 10%
D.Ten per cent of 1000
Answer: (B)

15. Expand the term NREGA—
A.National Rural Employment Guarantee Act
B. New Rural Employment Guarantee Agency
C.National Rural Employment Guarantee Act
D.National Rural Employment Guarantee Agency
Answer: (A)

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

17. Who is the author of the book ‘Future Shock’ ?
A.Kenneth Blanchard
B.Napoleon Hill
C.Tom Peters
D.Alvin Toffler
Answer: (D)

18. The market in which long term securities such as stocks and bonds are bought and sold is commonly known as—
A.Capital Market
B .Bull Market
C.Commodities Exchange
D.Bullion Market
Answer: (D)

19. The Tarapore committee report is concerned with which of the following ::
A.SBI
B.RBI
C.SEZ
D.Capital A/c convertibility
Answer: (D)

20. The per-capita income in India is estimated by ?
A.Central statistical organization
B. RBI
C. Central bank
D. Census commission
Answer: (A)

21. Which of the following is not a bank or finance company?
A.Barclays
B. BNP Paribas
C.Lufthansa
D. HSBC
Answer: (C)

22. Approximately what per cent of the Indian population lives on $ 1 or even less a day?
A. 35
B. 30
C. 25
D. 20
Answer: (A)

23. The J.L. Nehru Centre for Advanced Scientific Research was recently in the news because of:
A.ultra modern scientific courses in India
B.Ist nano-technology lab in India
C.success in DNA coding
D.international meeting of scientists
Answer: (B)

24. Karvar, Sasan, Akaltara, Mudra and Ratnagiri are the sites proposed for:
A.archaeological survey
B.test sites for Indian missiles
C.hydroelectric power projects
D.ultra-mega power plants
Answer: (D)

25. Which of the following is NOT one of the recommendations of the committee setup on Financial Sector Reforms under the Chairmanship of Raghuram G.Rajan ?
(1) Give more freedoms to banks to setup branches and ATMS anywhere
(2) Setup an office of financial ombudsmen
(3) All deposits taking institutions should be free from the supervision of the RBI
A.Only 1
B.Only 2
C.Only 3
D. All
Answer: (A)

26. Federal Reserves is the Central Bank of—
A.China
B.Canada
C.U.S.A.
D.Japan
Answer: (C)

27. Which of the following companies of Indian origin has been placed amongst the World's seven Best Firms in Financial Sector ?
A.ICICI Bank
B.HDFC Bank
C.Bajaj Capitals
D.IDBI Bank
Answer: (B)

28. Which of the following is one of the two sub-schemes under the Rashtriya Krishi Vikas Yojana (RKVY) launched in union budget 2011-2012 ?
A.saffron mission
B.accelerated fodder development program
C.bringing green revolution to eastern India
D.national mission for protein supplements
Answer: (A)

29. Who among the following leaders did not attend the IBSA summit in October 2011 ?
A.Dmitri Medvedav
B. Manmohan singh
C.Jacob Zuma
D. Dilma Raussef
Answer: (B)

30. Financial market department was setup in RBI in ?
A.July 2006
B.July 2005
C.August 2006
D. August 2005
Answer: (B)

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