Wednesday, 18 April 2012
Friday, 9 September 2011
BANK EXAMS GENERAL AWARENESS MCQs - Part2
1. Paying for facilities like issuance of demand drafts, cheque books, credit or
debit cards and ATM interchange may soon become pass as public sector lender
____ waived all service charges on current and savings accounts (CASA), the
first by any bank. The move is aimed at increasing the bank’s below-industry
average CASA deposits and the bank expects to double its retail account to 1
crore in the next 12 months.
a) SBI
b) PNB
c) Canara Bank
d) IDBI Bank
e) None of these
2. At present, how many families are categorized as BPL?
a) 5.10 cr
b) 6.52 cr
c) 7.81 cr
d) 10.40 cr
e) None of these
3. DTC stands for
a) Direct Tax Code
b) Disinvestment Tax Code
c) Derivative Trade Code
d) Distinct Tax Code
e) Delhi Tax Code
4. In a surprise move and to the disappointment of taxpayers, the government on
Aug 30 deferred the implementation of the Direct Taxes Code (DTC) by a year to
___, 2012 and sough to waive the preferential treatment to woman in tax payment
in the name of gender equity.
a) Jan 1
b) Mar 31
c) Apr 1
d) Dec 31
e) None of these
5. Which of the following statement is/are true about Direct Taxes Code (DTC)?
A) Under the Direct Taxes Code Bill, 2010 – tabled in the Lok Sabha by finance
minister Pranab Mukherjee and referred to the Select Committee of Parliament for
scrutiny – the government has sought to raise the income tax exemption limit
from Rs.1.6 Lakh to Rs.2 Lakh while retaining a host of incentives for
individuals.
B) While senior citizens (above 65 years) will enjoy a higher exemption of
Rs.2.5 Lakh, woman taxpayers will have no additional relief as they have not
been categorized separately.
C) As for corporate taxes, the levy will be at a flat rate of 30 per cent with
no surcharges or cesses. The minimum alternate tax (MAT)will be levied on book
profits at 20 per cent.
a) Only A
b) Only A& B
c) Only B&C
d) All the above
e) None of these
6. Name the country with India has signed a protocol to the Double Taxation
Avoidance Agreement that would the wealth illegally stashed away in banks.
a) Britain
b) US
c) Switzerland
d) France
e) None of these
7. In a major step to alleviate delays in wage payments under the Mahatma Gandhi
National Rural Employment Guarantee Scheme (MGNREGS), which state govt has
launched an “e-Shakti Financial Inclusion” scheme, the first of its kind in the
country?
a) UP
b) MP
c) Bihar
d) Maharashtra
e) None of these
8. Name the bank whose chairman Stephan K Green will be appointed as the
minister of state for trade and investment.
a) HSBC Holdings
b) Standard Chartered Bank
c) Barclays Bank
d) Royal Bank of Scotland
e) None of these
9. In a big boost to the disinvestment programme of the UPA-II Government, the
Petroleum and Natural Gas Ministry gave its green signal to the sale of
government’s stake in Oil and Natural Gas Corporation (ONGC) and Indian Oil
Corporation (IOC), a move aimed at raising around __________ this fiscal.
a) Rs. 14,000 cr
b) Rs.18,000 cr
c) Rs.24,000 cr
d) Rs. 30,000 cr
e) None of these
10. With a net worth of US$62 billion, Mukesh Ambani would be the richest man of
earth in ___________, going past the current claimant, Mexican businessman
Carlos Slim, according to a forecast by Forbes.
a) 2012
b) 2014
c) 2016
d) 2018
e) None of these
11. In one of his speeches Pranab Mukherjee said that the Govt had no plans to
dilute the roles of market regulators. This means the role of which of the
following will not be diluted?
a) Life Insurance Corporation of India (LIC)
b) Confederation of Indian Industry (CII)
c) Federation of Chambers of Commerce & Industry (FICCI)
d) Bureau of Indian Standards
e) Securities & Exchange Board of India (SEBI)
12. What is the full form of “ULIP’, the term which was in the news recently?
a) Universal Life & Investment Plan
b) Unit Loan & Insurance Plan
c) Universal Loan & Investment Plan
d) Uniformly Loaded Investment Plan
e) Unit Linked Insurance Plan
13. As per the news published in some major financial news papers, the
Maharashtra Govt is planning to introduce “Green Tax” on Vehicles. What is the
Purpose of Green Tax?
a) It has been introduced with the aim of discouraging high consumption of
petroleum products.
b) It is a tax levied by the Govt in place of VAT as VAT is not very profitable
for State Govts.
c) It is just like a toll tax which will be charges from all the vehicles
whenever they enter green areas of a city like hospitals, schools, and old-age
homes.
d) This is a tax levied on big commercial vehicles only with the aim of
prohibiting them from entering residential areas and non-commercial areas.
e) None of these
14. Very often we read in newspapers about 3 G Third Generation Technology. This
is a set of standards used by which of the following?
a) To Combat climatic changes
b) Production of nuclear energy
c) Film production
d) Mobile telecommunications
e) All of these
15. Which of the following companies is NOT in the field of insurance business?
a) ICICI Prudential
b) Bajaj Allianz
c) Tata AIG
d) Aegon Religare
e) Royal Orchild
16. Many times we read that a corporate entity is in the process of raising its
capital base. Why is a company required to raise money to strengthen its capital
base?
A) To finance its diversification Plans
B) To finance its diversification plans
C) To repay its loans and borrowings
a) Only A
b) Only B
c) Only C
d) Only A & B
e) All A, B&C
17. Many times we read in newspapers that a company is planning to bring a
public issue. What does it mean?
A) Shares of the company will be issued only through public sector
organizations like banks/Central financial institutions etc.
B) Shares of the company will be issued to general public only through primary
market.
C) This means some stakeholders/ promoters are willing to leave the company.
Hence they wish to sell their stock to the general public.
a) Only A
b) Only B
c) Only C
d) All A,B&C
e) None of these
18. Whenever some people wish to enter into the business world, it is a must for
them to approach a bank. What services do banks provide them in this regard?
A) Banks act as payment agents by operating current accounts, paying cheques
and receiving payments for them.
B) Maintaining account books for them for their day-to- day activities so that
they are not required to appoint account/finance personnel on a regular basis.
C) Lending money by way of overdraft, installment loan, credit or advance for
business activities
a) Only A
b) Only B
c) Only C
d) Only A&C
e) All of these
19. As we all have noticed, banks these days are giving more emphasis on
“Branchless Banking”. What does this really mean?
A) Banks will not have many branches as used to be in the good old days.
Instead, the number of branches will be restricted and will conduct only a
specified core business.
B) Banks will launch/operate many delivery channels like ATMs, Mobile Banking/
Internet Banking etc sot that people are not required to visit a branch for
their usual banking needs.
C) This means banks will issue only debit or credit cards for all types of
day-to-day financial transactions. Cheques/cash payments will not be allowed.
a) Only A
b) Only B
c) Only A&B
d) Only B&C
e) All A, B&C
20. Which of the following is NOT a function of a bank?
a) Providing project finance
b) Selling Mutual Funds
c) Deciding policy rates like CRR, Repo Rate / SLR etc
d) Settlement of payments of behalf of the customers
e) All of these are functions of a bank
21. Which of the following is a form of “savings Bank” popular among the poor or
children?
a) Core Banking
b) Credit Banking
c) Debit Card
d) Merchant Banking
e) Piggy Banking
22. Dr. Amartya Sen is a famous
a) Physicist
b) Chemical Engineer
c) Psychologist
e) Economist
e) None of these
23. Which of the following nations is considered the originator of the concept
of Micro Finance?
a) India
b) Bangladesh
c) South Africa
d) USA
e) None of these
24. Govt normally does not announce the Minimum Support Price (MSP) of
a) Wheat
b) Paddy
c) Sugarcane
d) Jute
e) All of these
25. At present Dr.D Subbarao is the
a) Governor of Orissa
b) Deputy Chairman of the Planning Commission
c) Chairman of the FICCI
d) India’s Representative in IMF
e) None of these
26. Banks borrow money from the RBI on which of the following rates?
a) Bank rate
b) CRR
c) SLR
d) Reverse Repo Rate
e) Repo Rate
27. Which of the following is NOT a part of India’s Money Market?
a) Bill Market
b) Call Money Market
c) Banks
d) Mutual Funds
e) Indian Gold Council
28. Which of the following is/are NOT the feature(s) of India’s Foreign Trade
Policy (2004 to 2009)?
A) To double India’s percent age share of global trade from present 0.7 per
cent to 1.5 per cent by 2009
B) Simplifying the procedures and bringing down the cost
C) Make SAARC countries India’s most preferred foreign trade partners by 2009
a) Only I
b) Only II
c) Only III
d) All I, II and III
e) Only I and III
29. Which of the following is /are the measure(s) taken by the Reserve Bank of
India (RBI) to ease the liquidity crunch in the country?
A) Cut in Cash Reserve Ratio and Statutory Liquidity Ratio.
B) Increase the flow of foreign direct investment
C) Supply of additional currency notes in the market.
a) Only I
b) Only II
c) Only III
d) All I, II and III
e) None of these
30. Which of the following services is NOT provided by the post offices of
India?
a) Savings Bank Scheme
b) Retailing of Mutual Funds
c) Sale of Stamp Papers (Judicial)
d) Issuance of Demand Drafts
e) Life Insurance Cover
31. Which of the following is true of New Lending Rate System in Banks?
a) For existing loans, the base rate would be applicable once they matured.
b) For new loans, the base rate would be levied immediately.
c) Banks can not charge customers any fee for such switch-over.
d) All of these
e) None of these
32. According to recently released RBI data on the Balance of Payment, net
portfolio investments into country during April- December amounted to
a) $ 23.6 billion
b) $ 30.4 billion
c) $ 32.8 billion
d) $ 36.6 billion
e) $ 40.4 billion
33. Which of the following is NOT a Government sponsored organization?
a) Small Industries Development Bank of India
b) NABARD
c) National Housing Bank
d) ICICI Bank
e) All are government sponsored
34. The Reserve Bank has constituted a working group to review the current
operating procedure of monetary policy, as transmission of the policy to the
rest of the system remains imperfect. The group, to be headed by RBI executive
director ___________, will also review the liquidity adjustment facility (LAF),
through which the central bank manages money supply in the system on a
day-to-day basis.
a) Usha Thorat
b) Deepak Mohanty
c) Rakesh Mohan
d) Naresh Chandra
e) None of these
35. SEBI was established in
a) 1993
b) 1992
c) 1988
d) 1990
e) None of these
36. The working of SEBI includes:
a) To regulate the dealings of share market
b) To check the foul dealings in share market
c) To control the inside trading of shares
d) All of these
e) None of these
37. The ‘Ad hoc Treasury Bill a system’ of meeting budget deficit in India was
replaced by a system which came into force on
a) March 31,1997
b) April 1,1996
c) April 1,1997
d) March 31, 1996
e) None of these
38. The recommendations of the 13th Finance Commission has become/will be
operational during the period
a) 2009-14
b) 2010 – 15
c) 2011 – 16
d) 2012 – 2017
e) None of these
39. Rural Woman can avail the benefit of Mahila Samriddhi Yojana if they open
their account in
a) Rural Pot Offices
b) Commercial Banks
c) Rural Development Bank
d) Any of the above
e) None of these
40. The rate at which banks lend to RBI is known as
a) Bank Rate
b) Repo Rate
c) Reverse Repo Rate
d) Interest Rate
e) None of these
41. The cause of deflation is
a) Lack of goods and services as compared to money supply
b) Lack of imports as compared to exports
c) Lack of money supply as compared to supply of goods and services
d) Lack of money supply and goods
e) None of these
42. Which bank in India performs the duties of the central bank?
a) Central Bank of India
b) State Bank of India
c) Reserve Bank of India
d) Bank of India
e) None of these
43. Mixed Economy means
a) Co-existence of small and large industries
b) Promoting both Agriculture and Industries in the economy
c) Co-existence of public and private sectors
d) Co-existence of the rich and the poor
e) None of these
44. ‘Pure Banking, Northing Else’ is a slogan raised by
a) ICICI Bank
b) HDFC Bank
c) SBI
d) UTI Bank
e) None of these
45. Which of the following is true about Swavalamban Scheme?
A) Finance minister Pranab Mukherjee will launch the Swavalamban scheme in
Murshidabad district of West Bengal.
B) As per the scheme, the Centre will contribute Rs.1,000 a year to each New
Pension Scheme (NPS) account opened in the current year.
C) The contribution will be made till 2013 – 14
D) To be eligible, a person will have to make a minimum contribution of
Rs.1,000 and maximum contribution of Rs.12,000 per annum.
a) Only A,B & C
b) Only A, C & D
c) Only A & D
d) All the above
e) None of these
46. The axe finally fell on Asia’s first cooperative bank, ___________, when the
Reserve Bank of India (RBI) cancelled its licence and asked it not to continue
any banking – related transactions until further directions.
a) Saraswat Co-operative Bank Ltd
b) Cosmos Co-operative Bank Ltd
c) Nadar Co-operative Bank Ltd
d) Anyonya Cooperative Bank Ltd
e) None of these
47. 13th Finance Commission was constituted under the Chairmanship of
a) YSP Thorat
b) Vijai L Kelkar
c) TS Vijayan
d) Laxmi Narayan
e) None of these
48. SEBI is a
a) Statutory body
b) Advisory body
c) Constitutional body
d) Non-statutory body
e) None of these
49. Bank Cash Transaction Tax (BCTT) was withdrawn with effect from
a) January 1, 2009
b) March 1, 2009
c) March 31, 2009
d) April 1, 2009
e) None of these
50. Which committee recommended abolition of tax rebates under Section 88?
a) Chelliah Committee
b) Kelkar Committee
c) Shome Committee
d) Naresh Chandra Committee
e) None of these
38. Tarapore Committee submitted its report on “Full Convertibility on Rupee” in
a) Current account
b) Capital account
c) Both on current as well as on capital account
d) Special Drawing Rights (SDRs)
e) None of these
39. CENVAT is related to
a) Sales Tax
b) Excise Duty
c) Custom Duty
d) Service Tax
e) None of these
45. NABARD was established on the recommendation of
a) Public Accounts Committee
b) Shivaraman Committee
c) Narasimham Committee
d) Khandelwal Committee
e) None of these
46. Sampurna Gramin Rozgar Yojana has been launched from
a) 1 Apr 2001
b) 25 Sep 2001
c) 30 Sep 2001
d) No scheme of such title has yet been launched
e) None of these
47. VAT is imposed
a) Directly on the consumer
b) On the final stage of production
c) On the first stage of production
d) On all stages between production and final sale
e) None of these
48. Kutir Jyoti scheme is associate with
a) Promoting cottage industry in villages
b) Promoting employment among rural unemployed youth
c) Providing electricity to rural families living below the poverty line
d) All of these
e) None of these
49. CAPART is related with
a) Assisting and evaluating rural welfare programmes
b) Computer hardware
c) Consultant service of export promotion.
d) Controlling pollution in big industries
e) None of these
50. The note issuing dept of RBI should always possess a minimum gold stock
worth
a) Rs.85 crore
b) Rs.115 crore
c) Rs.200 crore
e) Rs.215 crore
f) None of these
ANSWERS :
1.D 2.B 3.A 4.C 5.D 6.C 7.C 8.A 9.C 10.B
11.E 12.E 13.E 14.D 15.E 16.A 17.B 18.D 19.E 20.C
21.E 22.D 23.B 24.D 25.E 26.E 27.E 28.D 29.A 30.E
31.D 32.C 33.D 34.B 35.C 36.D 37.C 38.B 39.A 40.C
41.C 42.C 43.C 44.C 45.D 46.D 47.B 48.A 49.D 50.B
debit cards and ATM interchange may soon become pass as public sector lender
____ waived all service charges on current and savings accounts (CASA), the
first by any bank. The move is aimed at increasing the bank’s below-industry
average CASA deposits and the bank expects to double its retail account to 1
crore in the next 12 months.
a) SBI
b) PNB
c) Canara Bank
d) IDBI Bank
e) None of these
2. At present, how many families are categorized as BPL?
a) 5.10 cr
b) 6.52 cr
c) 7.81 cr
d) 10.40 cr
e) None of these
3. DTC stands for
a) Direct Tax Code
b) Disinvestment Tax Code
c) Derivative Trade Code
d) Distinct Tax Code
e) Delhi Tax Code
4. In a surprise move and to the disappointment of taxpayers, the government on
Aug 30 deferred the implementation of the Direct Taxes Code (DTC) by a year to
___, 2012 and sough to waive the preferential treatment to woman in tax payment
in the name of gender equity.
a) Jan 1
b) Mar 31
c) Apr 1
d) Dec 31
e) None of these
5. Which of the following statement is/are true about Direct Taxes Code (DTC)?
A) Under the Direct Taxes Code Bill, 2010 – tabled in the Lok Sabha by finance
minister Pranab Mukherjee and referred to the Select Committee of Parliament for
scrutiny – the government has sought to raise the income tax exemption limit
from Rs.1.6 Lakh to Rs.2 Lakh while retaining a host of incentives for
individuals.
B) While senior citizens (above 65 years) will enjoy a higher exemption of
Rs.2.5 Lakh, woman taxpayers will have no additional relief as they have not
been categorized separately.
C) As for corporate taxes, the levy will be at a flat rate of 30 per cent with
no surcharges or cesses. The minimum alternate tax (MAT)will be levied on book
profits at 20 per cent.
a) Only A
b) Only A& B
c) Only B&C
d) All the above
e) None of these
6. Name the country with India has signed a protocol to the Double Taxation
Avoidance Agreement that would the wealth illegally stashed away in banks.
a) Britain
b) US
c) Switzerland
d) France
e) None of these
7. In a major step to alleviate delays in wage payments under the Mahatma Gandhi
National Rural Employment Guarantee Scheme (MGNREGS), which state govt has
launched an “e-Shakti Financial Inclusion” scheme, the first of its kind in the
country?
a) UP
b) MP
c) Bihar
d) Maharashtra
e) None of these
8. Name the bank whose chairman Stephan K Green will be appointed as the
minister of state for trade and investment.
a) HSBC Holdings
b) Standard Chartered Bank
c) Barclays Bank
d) Royal Bank of Scotland
e) None of these
9. In a big boost to the disinvestment programme of the UPA-II Government, the
Petroleum and Natural Gas Ministry gave its green signal to the sale of
government’s stake in Oil and Natural Gas Corporation (ONGC) and Indian Oil
Corporation (IOC), a move aimed at raising around __________ this fiscal.
a) Rs. 14,000 cr
b) Rs.18,000 cr
c) Rs.24,000 cr
d) Rs. 30,000 cr
e) None of these
10. With a net worth of US$62 billion, Mukesh Ambani would be the richest man of
earth in ___________, going past the current claimant, Mexican businessman
Carlos Slim, according to a forecast by Forbes.
a) 2012
b) 2014
c) 2016
d) 2018
e) None of these
11. In one of his speeches Pranab Mukherjee said that the Govt had no plans to
dilute the roles of market regulators. This means the role of which of the
following will not be diluted?
a) Life Insurance Corporation of India (LIC)
b) Confederation of Indian Industry (CII)
c) Federation of Chambers of Commerce & Industry (FICCI)
d) Bureau of Indian Standards
e) Securities & Exchange Board of India (SEBI)
12. What is the full form of “ULIP’, the term which was in the news recently?
a) Universal Life & Investment Plan
b) Unit Loan & Insurance Plan
c) Universal Loan & Investment Plan
d) Uniformly Loaded Investment Plan
e) Unit Linked Insurance Plan
13. As per the news published in some major financial news papers, the
Maharashtra Govt is planning to introduce “Green Tax” on Vehicles. What is the
Purpose of Green Tax?
a) It has been introduced with the aim of discouraging high consumption of
petroleum products.
b) It is a tax levied by the Govt in place of VAT as VAT is not very profitable
for State Govts.
c) It is just like a toll tax which will be charges from all the vehicles
whenever they enter green areas of a city like hospitals, schools, and old-age
homes.
d) This is a tax levied on big commercial vehicles only with the aim of
prohibiting them from entering residential areas and non-commercial areas.
e) None of these
14. Very often we read in newspapers about 3 G Third Generation Technology. This
is a set of standards used by which of the following?
a) To Combat climatic changes
b) Production of nuclear energy
c) Film production
d) Mobile telecommunications
e) All of these
15. Which of the following companies is NOT in the field of insurance business?
a) ICICI Prudential
b) Bajaj Allianz
c) Tata AIG
d) Aegon Religare
e) Royal Orchild
16. Many times we read that a corporate entity is in the process of raising its
capital base. Why is a company required to raise money to strengthen its capital
base?
A) To finance its diversification Plans
B) To finance its diversification plans
C) To repay its loans and borrowings
a) Only A
b) Only B
c) Only C
d) Only A & B
e) All A, B&C
17. Many times we read in newspapers that a company is planning to bring a
public issue. What does it mean?
A) Shares of the company will be issued only through public sector
organizations like banks/Central financial institutions etc.
B) Shares of the company will be issued to general public only through primary
market.
C) This means some stakeholders/ promoters are willing to leave the company.
Hence they wish to sell their stock to the general public.
a) Only A
b) Only B
c) Only C
d) All A,B&C
e) None of these
18. Whenever some people wish to enter into the business world, it is a must for
them to approach a bank. What services do banks provide them in this regard?
A) Banks act as payment agents by operating current accounts, paying cheques
and receiving payments for them.
B) Maintaining account books for them for their day-to- day activities so that
they are not required to appoint account/finance personnel on a regular basis.
C) Lending money by way of overdraft, installment loan, credit or advance for
business activities
a) Only A
b) Only B
c) Only C
d) Only A&C
e) All of these
19. As we all have noticed, banks these days are giving more emphasis on
“Branchless Banking”. What does this really mean?
A) Banks will not have many branches as used to be in the good old days.
Instead, the number of branches will be restricted and will conduct only a
specified core business.
B) Banks will launch/operate many delivery channels like ATMs, Mobile Banking/
Internet Banking etc sot that people are not required to visit a branch for
their usual banking needs.
C) This means banks will issue only debit or credit cards for all types of
day-to-day financial transactions. Cheques/cash payments will not be allowed.
a) Only A
b) Only B
c) Only A&B
d) Only B&C
e) All A, B&C
20. Which of the following is NOT a function of a bank?
a) Providing project finance
b) Selling Mutual Funds
c) Deciding policy rates like CRR, Repo Rate / SLR etc
d) Settlement of payments of behalf of the customers
e) All of these are functions of a bank
21. Which of the following is a form of “savings Bank” popular among the poor or
children?
a) Core Banking
b) Credit Banking
c) Debit Card
d) Merchant Banking
e) Piggy Banking
22. Dr. Amartya Sen is a famous
a) Physicist
b) Chemical Engineer
c) Psychologist
e) Economist
e) None of these
23. Which of the following nations is considered the originator of the concept
of Micro Finance?
a) India
b) Bangladesh
c) South Africa
d) USA
e) None of these
24. Govt normally does not announce the Minimum Support Price (MSP) of
a) Wheat
b) Paddy
c) Sugarcane
d) Jute
e) All of these
25. At present Dr.D Subbarao is the
a) Governor of Orissa
b) Deputy Chairman of the Planning Commission
c) Chairman of the FICCI
d) India’s Representative in IMF
e) None of these
26. Banks borrow money from the RBI on which of the following rates?
a) Bank rate
b) CRR
c) SLR
d) Reverse Repo Rate
e) Repo Rate
27. Which of the following is NOT a part of India’s Money Market?
a) Bill Market
b) Call Money Market
c) Banks
d) Mutual Funds
e) Indian Gold Council
28. Which of the following is/are NOT the feature(s) of India’s Foreign Trade
Policy (2004 to 2009)?
A) To double India’s percent age share of global trade from present 0.7 per
cent to 1.5 per cent by 2009
B) Simplifying the procedures and bringing down the cost
C) Make SAARC countries India’s most preferred foreign trade partners by 2009
a) Only I
b) Only II
c) Only III
d) All I, II and III
e) Only I and III
29. Which of the following is /are the measure(s) taken by the Reserve Bank of
India (RBI) to ease the liquidity crunch in the country?
A) Cut in Cash Reserve Ratio and Statutory Liquidity Ratio.
B) Increase the flow of foreign direct investment
C) Supply of additional currency notes in the market.
a) Only I
b) Only II
c) Only III
d) All I, II and III
e) None of these
30. Which of the following services is NOT provided by the post offices of
India?
a) Savings Bank Scheme
b) Retailing of Mutual Funds
c) Sale of Stamp Papers (Judicial)
d) Issuance of Demand Drafts
e) Life Insurance Cover
31. Which of the following is true of New Lending Rate System in Banks?
a) For existing loans, the base rate would be applicable once they matured.
b) For new loans, the base rate would be levied immediately.
c) Banks can not charge customers any fee for such switch-over.
d) All of these
e) None of these
32. According to recently released RBI data on the Balance of Payment, net
portfolio investments into country during April- December amounted to
a) $ 23.6 billion
b) $ 30.4 billion
c) $ 32.8 billion
d) $ 36.6 billion
e) $ 40.4 billion
33. Which of the following is NOT a Government sponsored organization?
a) Small Industries Development Bank of India
b) NABARD
c) National Housing Bank
d) ICICI Bank
e) All are government sponsored
34. The Reserve Bank has constituted a working group to review the current
operating procedure of monetary policy, as transmission of the policy to the
rest of the system remains imperfect. The group, to be headed by RBI executive
director ___________, will also review the liquidity adjustment facility (LAF),
through which the central bank manages money supply in the system on a
day-to-day basis.
a) Usha Thorat
b) Deepak Mohanty
c) Rakesh Mohan
d) Naresh Chandra
e) None of these
35. SEBI was established in
a) 1993
b) 1992
c) 1988
d) 1990
e) None of these
36. The working of SEBI includes:
a) To regulate the dealings of share market
b) To check the foul dealings in share market
c) To control the inside trading of shares
d) All of these
e) None of these
37. The ‘Ad hoc Treasury Bill a system’ of meeting budget deficit in India was
replaced by a system which came into force on
a) March 31,1997
b) April 1,1996
c) April 1,1997
d) March 31, 1996
e) None of these
38. The recommendations of the 13th Finance Commission has become/will be
operational during the period
a) 2009-14
b) 2010 – 15
c) 2011 – 16
d) 2012 – 2017
e) None of these
39. Rural Woman can avail the benefit of Mahila Samriddhi Yojana if they open
their account in
a) Rural Pot Offices
b) Commercial Banks
c) Rural Development Bank
d) Any of the above
e) None of these
40. The rate at which banks lend to RBI is known as
a) Bank Rate
b) Repo Rate
c) Reverse Repo Rate
d) Interest Rate
e) None of these
41. The cause of deflation is
a) Lack of goods and services as compared to money supply
b) Lack of imports as compared to exports
c) Lack of money supply as compared to supply of goods and services
d) Lack of money supply and goods
e) None of these
42. Which bank in India performs the duties of the central bank?
a) Central Bank of India
b) State Bank of India
c) Reserve Bank of India
d) Bank of India
e) None of these
43. Mixed Economy means
a) Co-existence of small and large industries
b) Promoting both Agriculture and Industries in the economy
c) Co-existence of public and private sectors
d) Co-existence of the rich and the poor
e) None of these
44. ‘Pure Banking, Northing Else’ is a slogan raised by
a) ICICI Bank
b) HDFC Bank
c) SBI
d) UTI Bank
e) None of these
45. Which of the following is true about Swavalamban Scheme?
A) Finance minister Pranab Mukherjee will launch the Swavalamban scheme in
Murshidabad district of West Bengal.
B) As per the scheme, the Centre will contribute Rs.1,000 a year to each New
Pension Scheme (NPS) account opened in the current year.
C) The contribution will be made till 2013 – 14
D) To be eligible, a person will have to make a minimum contribution of
Rs.1,000 and maximum contribution of Rs.12,000 per annum.
a) Only A,B & C
b) Only A, C & D
c) Only A & D
d) All the above
e) None of these
46. The axe finally fell on Asia’s first cooperative bank, ___________, when the
Reserve Bank of India (RBI) cancelled its licence and asked it not to continue
any banking – related transactions until further directions.
a) Saraswat Co-operative Bank Ltd
b) Cosmos Co-operative Bank Ltd
c) Nadar Co-operative Bank Ltd
d) Anyonya Cooperative Bank Ltd
e) None of these
47. 13th Finance Commission was constituted under the Chairmanship of
a) YSP Thorat
b) Vijai L Kelkar
c) TS Vijayan
d) Laxmi Narayan
e) None of these
48. SEBI is a
a) Statutory body
b) Advisory body
c) Constitutional body
d) Non-statutory body
e) None of these
49. Bank Cash Transaction Tax (BCTT) was withdrawn with effect from
a) January 1, 2009
b) March 1, 2009
c) March 31, 2009
d) April 1, 2009
e) None of these
50. Which committee recommended abolition of tax rebates under Section 88?
a) Chelliah Committee
b) Kelkar Committee
c) Shome Committee
d) Naresh Chandra Committee
e) None of these
38. Tarapore Committee submitted its report on “Full Convertibility on Rupee” in
a) Current account
b) Capital account
c) Both on current as well as on capital account
d) Special Drawing Rights (SDRs)
e) None of these
39. CENVAT is related to
a) Sales Tax
b) Excise Duty
c) Custom Duty
d) Service Tax
e) None of these
45. NABARD was established on the recommendation of
a) Public Accounts Committee
b) Shivaraman Committee
c) Narasimham Committee
d) Khandelwal Committee
e) None of these
46. Sampurna Gramin Rozgar Yojana has been launched from
a) 1 Apr 2001
b) 25 Sep 2001
c) 30 Sep 2001
d) No scheme of such title has yet been launched
e) None of these
47. VAT is imposed
a) Directly on the consumer
b) On the final stage of production
c) On the first stage of production
d) On all stages between production and final sale
e) None of these
48. Kutir Jyoti scheme is associate with
a) Promoting cottage industry in villages
b) Promoting employment among rural unemployed youth
c) Providing electricity to rural families living below the poverty line
d) All of these
e) None of these
49. CAPART is related with
a) Assisting and evaluating rural welfare programmes
b) Computer hardware
c) Consultant service of export promotion.
d) Controlling pollution in big industries
e) None of these
50. The note issuing dept of RBI should always possess a minimum gold stock
worth
a) Rs.85 crore
b) Rs.115 crore
c) Rs.200 crore
e) Rs.215 crore
f) None of these
ANSWERS :
1.D 2.B 3.A 4.C 5.D 6.C 7.C 8.A 9.C 10.B
11.E 12.E 13.E 14.D 15.E 16.A 17.B 18.D 19.E 20.C
21.E 22.D 23.B 24.D 25.E 26.E 27.E 28.D 29.A 30.E
31.D 32.C 33.D 34.B 35.C 36.D 37.C 38.B 39.A 40.C
41.C 42.C 43.C 44.C 45.D 46.D 47.B 48.A 49.D 50.B
BANK EXAMS GENERAL AWARENESS MCQs.
1. Under Marginal Standing Facility ( MSF) the banks are allowed to borrow up to
one percent of their total ......... ?
1) Deposit base
2) Lending
3) Equity
4) Margins
5) Non Provisioning Assets
2. On 7 June, 2011 Syamala Gopinath Committee submitted a report on Small
Savings Saving Fund to the finance minister of India. The highlights include
.........
1) The Kisan Vikas Patras must be with drawn immediately
2) The long term 10 Years bonds must replace KVP
3) Monthly Savings Scheme and National Savings Certificate Period must be
reduced from 6 years to 5 years
4) Post Office savings interest must be raised from 3.5 % to 4.0 %
5) All of above
3. From 1 April 2011, the minimum wage floor level increased from Rs. 100 to Rs.
......... as per the order of Labour Ministry?
1) 115
2) 150
3) 160
4) 175
5) 200
4. After ONGC, IOC, SAIL and NTPC ......... got Maharatna status?
1) CIL
2) BHEL
3) BP
4) RIL
5) RBI
5. Union Government passed FCRA on 2 May 2011. FCRA stands for .........?
1) Foreign Contribution Regulation Act
2) Foreign Conservative Restrictive Act
3) Foreign Contribution Repair Act
4) Foreign Contribution Regulation Apathy
5) None
6. 'Upper Caste Commission' to study the poor and economically backward people
in the Upper Castes set up by
1) Bihar
2) Uttarakhand
3) West Bengal
4) Goa
5) Rajasthan
7. Gangadhar Pradhan is an exponent in ......... dance?
1) Kuchipudi
2) Kathak
3) Bihu
4) Bharata Natyam
5) None
8. Games/ Sports events are given. Pick the wrong one?
1) India hosts the 1st Super Series Badminton Championship
2) Novak Djokovic of Italy defeated Rafael Nadal of USA to get ATP Miami
Masters Crown
3) Paes- Bhupathi duo clinches Miami Title
4) Chennai Super Kings is the two times IPL winner
5) Polly Umrigar award got by Sachin
9. ......... is used in the banking terminology?
1) Stock
2) Bear
3) Listing
4) Open Market Operations
5) Settlement Day
10. Current Account details are given. Pick the wrong one?
1) Generally the businessman having the more transactions opt this account
2) No rule is there to prohibit to allow the individual to take this account
3) The highest rate of interest paid on this account compare to other accounts
4) Any number of transactions can be done
5) No interest or least interest is paid on this account
11. ......... company agreed to export 1700 Cash Dispenser Machines ( CDM) (
ATM) to SBI having base in USA?
1) Axis
2) Banqit
3) Diebold
4) De La Rue
5) Fujitsu
12. Appreciation of money means .........
1) A hike in the price of money due to general fall in the price level.
2) A hike in the price of money due to general increase in the price level.
3) A reduction in the price of money due to general fall in the price level.
4) Absence of the price of money due to general fall in the price level.
5) None
13. Food Corporation of India got the working capital loan up to Rs. .........
crore from the union government?
1) 5000
2)1500
3) 500
4) 100
5) 50
14. The recent appointments/ambassadors list is given. Pick the correct one?
1) Cabinet Committee on Economic Affairs decided to include Kamal Nath and
K.V.Thomas
2) Shaan was appointed as the Tobacco Ambassador of India
3) K.K. Talwar was appointed as the Chairman of Medical Council of India
4) N.K.Browne is the New Air Chief Marshal
5) All of above
15. A Peak of Lies written by ......... ?
1) Urmila Deshpande
2) Karan Singh
3) Kushwant Singh
4) Chetan Bhagath
5) R.K.Narayan
16. India was considered to be the member of NSG on 23 May 2011. NSG is a
premier non-proliferation body. NSG means ......... ?
1) Nuclear System Group
2) Nuclear Symphony Group
3) Nuclear Syndrom Group
4) Nuclear Suppliers Group
5) None
17. India is not the member in ......... ?
1) G 20
2) G 77
3) G 15
4) G 7
5) SAARC
18. In the given list of the days which is wrongly matched one?
1) 31 May- World No Tobacco Day
2) 13 April- Jallianwallah Bagh Massacre Day
3) 24 March - World TB Day
4) 2 April- All Fools Day
5) None
19. Chandrayaan-2 to cost Rs. 426 crore as granted by Central Government. The
project Director of Chandrayaan is ......... ?
1) Madhavan Nair
2) Radhakrishnan
3) M.Annadurai
4) Kasturi Rangan
5) None
20. ......... is the first cricketer in the world cup to claim five wickets and
did half century against Ireland in 2011 WC ICC edition?
1) Sachin
2) Harbhajan
3) Pathan
4) Yuvraj Singh
5) Jahir Khan
21. Find the wrong abbreviation?
1) CVC-Central Vision Commission
2) CEC- Central Election Commission
3) CAG-Comptroller and Auditor General
4) IBA-Indian Banks' Association
5) IBPS-Institute of Banking Personnel Selection
22. The facts relating to Micro Finance Sector as per the statement of Reserve
Bank of India on 3 May 2011 given. Pick the Correct one?
1) Micro Finance mean the lending in the small amounts
2) Maximum Rate of Interest levied by them must not cross 26 %
3) Maximum loan can take by the customer from Micro Finance company should not
cross Rs. 35,000
4) The above rules are framed by RBI, according to the recommendations of
Malegam Committee with few changes
5) All of above
23. On 3 May 2011, RBI in its monetary Policy for 2011-2012, estimated the
inflation around ......... percent?
1) 7
2) 8
3) 4
4) 5
5) 6
24. Dedicated Frieght Corridor ( DFC) connecting Khurja (Uttar Pradesh ) to
Kanpur (Uttar Pradesh) rail get the fund of $ 975 million from ......... ?
1) IMF
2) IDA
3) IFC
4) IBRD
5) ADB
25. The World Bank details are given. Pick the correct one?
1) Its original name is International Bank for Reconstruction and Development
2) Present members are 187.The latest member is Montenegro ( 18 Jan 2007)
3) Robert B. Zoellick (born in USA, German Origin ) is the present Chairman
4) It has headquarters in Washington D.C
5) All of above
26. India's total public debt increased by .........percent to Rs. 29,21,360
crore?
1) 4
2) 8.5
3) 8.1
4) 1.3
5) 0.6
27. Dailmler Group got license to establish Non-banking Finance company in
India. This group belongs to .........?
1) France
2) Hongkong
3) Japan
4) Germany
5) USA
28. 2010-2011 Fiscal deficit (Actual) declared on 31 may 2011. The deficit is
......... percent against the Budget Estimates of
5.1 %?
1) 4.9
2) 4.7
3) 5.1
4) 9.1
5) 6.7
29. To monitor the investigation and the steps being taken to bring back black
money stashed away in foreign banks, the supreme court constituted the committee
under the chairman ship of Justice .........?
1) Markendeya Kathju
2) Lahoti
3) Dashratha Rama Reddy
4) Dinakarna
5) Jeevan Reddy
30. .........tops in the GDP growth with 11.3 percent in the last five years
(2005-10) as per the report of Mckinsey & co. Haryana (11%) , Bihar (9.6%),
Karnataka (8.5%) Kerala (8.1%) Andhra Pradesh (7.4%)
1) Delhi
2) Maharastra
3) Kerala
4) Manipur
5) Gujrat
31. The Awards given. Pick up the incorrect one?
1) Sahitya Bharati Samman 2010 conferred on Sitakanta Mohapatra
2) Girdhar Rathi got the Bihari Puraskar for 2010 for Anta ka Sanshaya
3) Indu Sharma Katha Samman got by Vikas Kumar Jha
4) NTPC bagged the Prestigious Business World Award for power Sector
5) None
32. ICC committee recommended the most controversial DRS in all cricket
international matches in the coming days. DRS means......... .?
1) Decision Roll System
2) Decision Revision System
3) Deal Review System
4) Decision Review System
5) Dual Revision System
33. On April 7, 2011 as per the statement of RBI, the Credit rate growth rate is
......... in the banks in 2010-2011
1) 21.38
2) 14.25
3) 16.82
4) 20.12
5) 26.31
34. 2010-2011 Deposit growth rates in the banks are ......... percent?
1) 16.84
2) 15.84
3) 16.25
4) 18.54
5) 26.1
35. As per the new order of RBI in May 2011, the government of India is allowed
to borrow Rs. ......... crore from the market through Treasury bills of up to
one year?
1) 25000
2) 10000
3) 100000
4) 5000
5) 60000
36. The Financial Literacy includes ..........?
1) How to use the limited funds carefully
2) How to invest the funds
3) How to minimize the risk arisen
4) How to reinvest the money earned
5) All of above
37. The recent Sports events are given. Pick the wrong one?
1) Golden Player of IPL-4 - Chris Gayle of RCB
2) Orange Cap to get more runs in (608) IPL-4- Chris Gayle of RCB
3) Purple Cap to get more Wickets (28) in IPL-4- Latish Malinga of Mumbai
Indians
4) Best Individual Performance in IPL 4- Paul Valthaty of Kings XI Punjab
5) None
38. Which bank used Tiny Cards with bio metric identification as part of the
financial inclusion?
1) ICICI
2) SBH
3) SBI
4) IDBI
5) Axis
ANSWERS:
1.1
2.5
3.1
4.1
5.1
6.1
7.2
8.2
9.4
10.3
11.3
12.1
13.1
14.5
15.1
16.4
17.4
18.4
19.3
20.4
21.1
22.5
23.5
24.4
25.5
26.4
27.4
28.2
29.5
30.5
31.5
32.4
33.5
34.2
35.1
36.5
37.5
38.3.
one percent of their total ......... ?
1) Deposit base
2) Lending
3) Equity
4) Margins
5) Non Provisioning Assets
2. On 7 June, 2011 Syamala Gopinath Committee submitted a report on Small
Savings Saving Fund to the finance minister of India. The highlights include
.........
1) The Kisan Vikas Patras must be with drawn immediately
2) The long term 10 Years bonds must replace KVP
3) Monthly Savings Scheme and National Savings Certificate Period must be
reduced from 6 years to 5 years
4) Post Office savings interest must be raised from 3.5 % to 4.0 %
5) All of above
3. From 1 April 2011, the minimum wage floor level increased from Rs. 100 to Rs.
......... as per the order of Labour Ministry?
1) 115
2) 150
3) 160
4) 175
5) 200
4. After ONGC, IOC, SAIL and NTPC ......... got Maharatna status?
1) CIL
2) BHEL
3) BP
4) RIL
5) RBI
5. Union Government passed FCRA on 2 May 2011. FCRA stands for .........?
1) Foreign Contribution Regulation Act
2) Foreign Conservative Restrictive Act
3) Foreign Contribution Repair Act
4) Foreign Contribution Regulation Apathy
5) None
6. 'Upper Caste Commission' to study the poor and economically backward people
in the Upper Castes set up by
1) Bihar
2) Uttarakhand
3) West Bengal
4) Goa
5) Rajasthan
7. Gangadhar Pradhan is an exponent in ......... dance?
1) Kuchipudi
2) Kathak
3) Bihu
4) Bharata Natyam
5) None
8. Games/ Sports events are given. Pick the wrong one?
1) India hosts the 1st Super Series Badminton Championship
2) Novak Djokovic of Italy defeated Rafael Nadal of USA to get ATP Miami
Masters Crown
3) Paes- Bhupathi duo clinches Miami Title
4) Chennai Super Kings is the two times IPL winner
5) Polly Umrigar award got by Sachin
9. ......... is used in the banking terminology?
1) Stock
2) Bear
3) Listing
4) Open Market Operations
5) Settlement Day
10. Current Account details are given. Pick the wrong one?
1) Generally the businessman having the more transactions opt this account
2) No rule is there to prohibit to allow the individual to take this account
3) The highest rate of interest paid on this account compare to other accounts
4) Any number of transactions can be done
5) No interest or least interest is paid on this account
11. ......... company agreed to export 1700 Cash Dispenser Machines ( CDM) (
ATM) to SBI having base in USA?
1) Axis
2) Banqit
3) Diebold
4) De La Rue
5) Fujitsu
12. Appreciation of money means .........
1) A hike in the price of money due to general fall in the price level.
2) A hike in the price of money due to general increase in the price level.
3) A reduction in the price of money due to general fall in the price level.
4) Absence of the price of money due to general fall in the price level.
5) None
13. Food Corporation of India got the working capital loan up to Rs. .........
crore from the union government?
1) 5000
2)1500
3) 500
4) 100
5) 50
14. The recent appointments/ambassadors list is given. Pick the correct one?
1) Cabinet Committee on Economic Affairs decided to include Kamal Nath and
K.V.Thomas
2) Shaan was appointed as the Tobacco Ambassador of India
3) K.K. Talwar was appointed as the Chairman of Medical Council of India
4) N.K.Browne is the New Air Chief Marshal
5) All of above
15. A Peak of Lies written by ......... ?
1) Urmila Deshpande
2) Karan Singh
3) Kushwant Singh
4) Chetan Bhagath
5) R.K.Narayan
16. India was considered to be the member of NSG on 23 May 2011. NSG is a
premier non-proliferation body. NSG means ......... ?
1) Nuclear System Group
2) Nuclear Symphony Group
3) Nuclear Syndrom Group
4) Nuclear Suppliers Group
5) None
17. India is not the member in ......... ?
1) G 20
2) G 77
3) G 15
4) G 7
5) SAARC
18. In the given list of the days which is wrongly matched one?
1) 31 May- World No Tobacco Day
2) 13 April- Jallianwallah Bagh Massacre Day
3) 24 March - World TB Day
4) 2 April- All Fools Day
5) None
19. Chandrayaan-2 to cost Rs. 426 crore as granted by Central Government. The
project Director of Chandrayaan is ......... ?
1) Madhavan Nair
2) Radhakrishnan
3) M.Annadurai
4) Kasturi Rangan
5) None
20. ......... is the first cricketer in the world cup to claim five wickets and
did half century against Ireland in 2011 WC ICC edition?
1) Sachin
2) Harbhajan
3) Pathan
4) Yuvraj Singh
5) Jahir Khan
21. Find the wrong abbreviation?
1) CVC-Central Vision Commission
2) CEC- Central Election Commission
3) CAG-Comptroller and Auditor General
4) IBA-Indian Banks' Association
5) IBPS-Institute of Banking Personnel Selection
22. The facts relating to Micro Finance Sector as per the statement of Reserve
Bank of India on 3 May 2011 given. Pick the Correct one?
1) Micro Finance mean the lending in the small amounts
2) Maximum Rate of Interest levied by them must not cross 26 %
3) Maximum loan can take by the customer from Micro Finance company should not
cross Rs. 35,000
4) The above rules are framed by RBI, according to the recommendations of
Malegam Committee with few changes
5) All of above
23. On 3 May 2011, RBI in its monetary Policy for 2011-2012, estimated the
inflation around ......... percent?
1) 7
2) 8
3) 4
4) 5
5) 6
24. Dedicated Frieght Corridor ( DFC) connecting Khurja (Uttar Pradesh ) to
Kanpur (Uttar Pradesh) rail get the fund of $ 975 million from ......... ?
1) IMF
2) IDA
3) IFC
4) IBRD
5) ADB
25. The World Bank details are given. Pick the correct one?
1) Its original name is International Bank for Reconstruction and Development
2) Present members are 187.The latest member is Montenegro ( 18 Jan 2007)
3) Robert B. Zoellick (born in USA, German Origin ) is the present Chairman
4) It has headquarters in Washington D.C
5) All of above
26. India's total public debt increased by .........percent to Rs. 29,21,360
crore?
1) 4
2) 8.5
3) 8.1
4) 1.3
5) 0.6
27. Dailmler Group got license to establish Non-banking Finance company in
India. This group belongs to .........?
1) France
2) Hongkong
3) Japan
4) Germany
5) USA
28. 2010-2011 Fiscal deficit (Actual) declared on 31 may 2011. The deficit is
......... percent against the Budget Estimates of
5.1 %?
1) 4.9
2) 4.7
3) 5.1
4) 9.1
5) 6.7
29. To monitor the investigation and the steps being taken to bring back black
money stashed away in foreign banks, the supreme court constituted the committee
under the chairman ship of Justice .........?
1) Markendeya Kathju
2) Lahoti
3) Dashratha Rama Reddy
4) Dinakarna
5) Jeevan Reddy
30. .........tops in the GDP growth with 11.3 percent in the last five years
(2005-10) as per the report of Mckinsey & co. Haryana (11%) , Bihar (9.6%),
Karnataka (8.5%) Kerala (8.1%) Andhra Pradesh (7.4%)
1) Delhi
2) Maharastra
3) Kerala
4) Manipur
5) Gujrat
31. The Awards given. Pick up the incorrect one?
1) Sahitya Bharati Samman 2010 conferred on Sitakanta Mohapatra
2) Girdhar Rathi got the Bihari Puraskar for 2010 for Anta ka Sanshaya
3) Indu Sharma Katha Samman got by Vikas Kumar Jha
4) NTPC bagged the Prestigious Business World Award for power Sector
5) None
32. ICC committee recommended the most controversial DRS in all cricket
international matches in the coming days. DRS means......... .?
1) Decision Roll System
2) Decision Revision System
3) Deal Review System
4) Decision Review System
5) Dual Revision System
33. On April 7, 2011 as per the statement of RBI, the Credit rate growth rate is
......... in the banks in 2010-2011
1) 21.38
2) 14.25
3) 16.82
4) 20.12
5) 26.31
34. 2010-2011 Deposit growth rates in the banks are ......... percent?
1) 16.84
2) 15.84
3) 16.25
4) 18.54
5) 26.1
35. As per the new order of RBI in May 2011, the government of India is allowed
to borrow Rs. ......... crore from the market through Treasury bills of up to
one year?
1) 25000
2) 10000
3) 100000
4) 5000
5) 60000
36. The Financial Literacy includes ..........?
1) How to use the limited funds carefully
2) How to invest the funds
3) How to minimize the risk arisen
4) How to reinvest the money earned
5) All of above
37. The recent Sports events are given. Pick the wrong one?
1) Golden Player of IPL-4 - Chris Gayle of RCB
2) Orange Cap to get more runs in (608) IPL-4- Chris Gayle of RCB
3) Purple Cap to get more Wickets (28) in IPL-4- Latish Malinga of Mumbai
Indians
4) Best Individual Performance in IPL 4- Paul Valthaty of Kings XI Punjab
5) None
38. Which bank used Tiny Cards with bio metric identification as part of the
financial inclusion?
1) ICICI
2) SBH
3) SBI
4) IDBI
5) Axis
ANSWERS:
1.1
2.5
3.1
4.1
5.1
6.1
7.2
8.2
9.4
10.3
11.3
12.1
13.1
14.5
15.1
16.4
17.4
18.4
19.3
20.4
21.1
22.5
23.5
24.4
25.5
26.4
27.4
28.2
29.5
30.5
31.5
32.4
33.5
34.2
35.1
36.5
37.5
38.3.
Thursday, 8 September 2011
GENERAL AWARENESS MCQs FOR BANK EXAMS
GENERAL AWARENESS MCQs FOR BANK EXAMS
Posted by Admin on August 4, 2011
Rate This
1. On 24 March 2011, to which bank, RBI had given permission to raise Rs.1000 cr. of which Rs.500 cr. can be raised through GDRs also?
1) ICICI bank
2) YES bank
3) HDFC bank
4) ING Vysya Bank
5) Dhanalaxmi Bank
2. If a letter from a bank, guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount, it is called ………?
1) Indemnity
2) Pledge
3) Mortgage
4) Letter of Credit
5) Estoppel
3. ……… sanctioned $89.7 million to Assam Power Sector Enhancement program?
1) IBRD (International Bank for Reconstruction and Development
2) IMF ( International Monetary Fund)
3) IDA (International Development Association)
4) ADB ( Asian Development Bank)
5) IFC ( International Finance Corporation)
4. On 21 February 2011, Reliance Industrial Limited (RIL) sold away the sale of 30% stake in 23 blocks to the ..……… for $ 7.2 billion?
1) Scotland Oil
2) Vodafone
3) London Oil
4) Llyod Insurance
5) British Petroleum
5. March list of days given. Pick up wrong one?
1) 8 March- International Women’s Day
2) 15 March- World Consumer Day
3) 17 March- National Vaccination Day
4) 19 March – World Disabled Day
5) 22 March- World Day for Water
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GENERAL AWARENESS MCQs For All Exams
GENERAL AWARENESS MCQs For All Exams
Posted by Admin on August 4, 2011
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1. Which of the following pairs of countries are the signatories of a Gas pipeline deal christened as Peace Pipeline
1) Iran – Iraq
2) Iraq – UAE
3) Kuwait – Iran
4) Pakistan – Iran
5) None of these
2. ‘Mardeka Cup’ is associated with game of
1) Hockey
2) Golf
3) Football
4) Badminton
5) None of these
3. Which of the following state govt decided to have a ‘Mahila Court’ in every district of the state ?
1) TN
2) AP
3) Karnataka
4) Delhi
5) None of these
4. Who amongst the following is the author of the book ‘Faith and Compassion’ ?
1) Arun Gandhi
2) Kuldeep Nayyar
3) Amit Chaudhury
4) Navin Chawla
5) None of these
5. Which of the following countries has developed ‘sajjil-2′ missiles, which were test fired recently?
1) Pakistan
2) Iran
3) N. Korea
4) India
5) None of these
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Bank PO – Examination structure and pattern
Almost all Nationalised banks conduct this examination to fill vacancies in their respective banks. Examination structure and pattern varies from bank to bank but the general traits stay the same. Following are some of the common guidelines which applies to most of the Bank PO examinations, however aspirants are advised to go through the respective bank advertisement and information booklet carefully. The information provided below is only for general information purposes.
1. Educational Qualifications:
Degree from a recognised University or any equivalent examination recognised as such by the Government of India. Most of the banks ask for 60% in graduation for the unreserved category, however some banks don’t, so please read the advertisement carefully before applying. For reserved categories its usually 55%.
2. Age:
A candidate for this examination should have attained the age of 21 years and must not have attained the age of 30 years on the 1st January of the year of examination. The age is relaxable for Scheduled Castes, Scheduled Tribes and Other Backward Classes, etc. as per government instructions.
3. Pattern of the Examination:
The subjects of written test, the time allowed and the maximum marks allowed to each subject shall be as under:
| S.No | Test | No. of Questions | Time Allowed | Medium of Exam |
| (A) | OBJECTIVE TESTS | 225 | 135 Minutes | English / Hindi |
| 1. | Reasoning Ability Test | 75 | ||
| 2. | English Language | 50 | ||
| 3. | General Awareness | 50 | ||
| 4. | Quantitative Aptitude | 50 | ||
| (B) | DESCRIPTIVE PAPER | 4 | 45 Minutes | English / Hindi |
| Argumentative Questions |
Notes:
(i) The candidate has to pass each of the Objective and Descriptive Tests separately.
(ii) However, the tests of Reasoning Ability, Quantitative Aptitude and General Awareness is considered for merit listing. The other tests of English Language and Descriptive Questions will be qualifying.
(iii) Candidates, who pass in each tests and rank sufficiently high on the basis of aggregate marks in written tests, would be called for interview. Final selection made is on the basis of the aggregate marks obtained by the candidate in the written tests and interview and shall be strictly according to merit.
5. Syllabus:
(1) Reasoning Ability Test: This is a test which has been designed to ascertain how well you can think. It contains questions of various kinds. It will be partly verbal, that is based on or is related to figures and drawings.
(2) Quantitative Aptitude: The purpose of this test is to ascertain how quick you are in working at numerical calculations. There may be some graphs and tables in this test. Questions are asked about each graph or table. Only one of the suggested answers is correct. You have to read each graph or table carefully and indicate your answer on a separate answer-sheet.
(3) English Language: The purpose of this test is to judge your knowledge in English. In this test, there are passages, with questions based on the organisation of ideas and your understanding of the contents of various passages. Your ability will also be tested through your choice of words, expressions and similar skills.
(4) General Awareness: The purpose of this test is to ascertain a candidates’ general awareness of environment around him and its application to society. The questions will be designed to test the candidate’s knowledge of the current events and of such matters of everyday observation and experience as may be expected of an educated person, including topics on Life Sciences, Chemistry, Physics, etc. There may also be questions on Geography of India, land and her people, History of India, her culture heritage, freedom struggle and salient features of the Constitution of India, Economic and Social Problems.
(5) Descriptive Paper: The Descriptive Paper intends to measure your higher order cognitive abilities as comprehending a situation, analysing it, generating unique ideas or situations, etc., and also your language ability. It is a question-cum-answer-sheet and you have to restrict your answers to the space provided on the answer-sheet. You have the option to answer this paper in English or Hindi or regional languages. In this paper, there are four questions and you are required to answer any three questions in 45 minutes.
(6) Initial Pay:
Selected candidates will be on probation for a period of two years. They will draw a starting pay of Rs.17000/- (in SBI it would be around Rs. 20000/-) in the scale of Rs.10000-470/6-12820-500/3-14320-560/7-18240 applicable to Junior Management Grade Scale – I. They are also eligible for D.A., H.R.A. & C.C.A. as per rules in force from time to time.
Current Affairs Quiz August 2011
Current Affairs Quiz August 2011
Posted by Admin on September 1, 2011
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1.Who becomes first Indian woman to cross Gobi desert ?
- Sucheta 33 year old women from Pune, has successfully crossed the arduous 1,623 km stretch of the Gobi desert, the largest in Asia and the fifth in the world2. Iscom along with Elmwood College, St.Andrew’s UK has launched a Post-Graduate course for which sporting event? Post-graduate programme in golf management 3. Who has been ranked world No.1 in double trap shooting as per the ISSF world rankings? Ronjan Sodhi 4. Asia’s largest solar energy park to be hosted by which state ?
- Gujarat would house the largest solar energy park in Asia in two years, with a power production capacity of 500 Mw. This would be set up with an investment of around Rs 8,000 crore flowing from companies such as GMR and Lanco, which have been assigned generation capacities under the Gujarat Solar Mission.5. Which UK-listed miner gets formal approval from the Indian government for its acquisition of stake in Cairn India? Vedanta Resources or Vedanta 6. Which Tata group firm is set to open online consumer durables and electronics store? Tata Croma 7. Which company has launched its first Financial Technology Grid to offer services in banking domain? Polaris software 8. Which computer manufacturer has introduced rupee symbol on desktop computer keyboard, compatible with Microsoft softwares? LenovoIndia 9. Which country has approved plans to setup first Tibetian bank? China 10. Who has been appointed as consulting head for India at Capgemini? Anish Sarkar 11. Name the sedan unveiled by Nissan India. Sunny 12. Who has been sworn in a Karnataka’s Chief Minister? D.V.Sadananda Gowda Read More 13. Which molecule has been found in Orion constellation of stars? 1 molecule of Oxygen was found for every million hydrogen molecules 14. Name the version of Media Reader launched by Kingston. USB 3.0 Media Reader 15. Which bank has launched a service of accepting income tax payment through ATMs? HDFC Bank 16. Who has been takes charge as the 23rd chief of the Indian Air Force ?
- N A K Browne
17. Who has joined Gordon Brothers Group as Chief Executive Officer? Gary Talarico 18. Which country is all set to shut 40% (800 approx.) of its data centres to reduce hefty technology budget? USA 19. Which U.S.Secretary met Tamil Nadu Chief Minister J.Jayalalitha recently? Hilary Clinton 20. Which social networking site has turned 5 years? Twitter 21. Who has been named as Sri Lanka’s captain for upcoming Australian series? Dilshan 22. Which Ace Indian shooter is set to get Khel Ratna? Gagan Narang 23. Which missile was recently test-fired successfully at Chandipur, Orrisa? Prahaar 24. Who is all set to take over as CMD of NMDC? M.S.Rana 25. Which company formally opened its assembly plant at Rosslyn, South Africa? Tata Motors 26. Who has been appointed as solicitor-general following the resignation of Gopal Subramaniam? Rohinton Nariman 27. Who became 2nd highest run scorer in Test cricket surpassing Ricky Ponting’s record? Rahul Dravid 28. Which program of IIM Indore did recently get HRD ministry’s approval? 5-year management program 29. Who won the 1st Hangzhou Women’s Grandmasters Tournament in China? Dronavalli Harika 30. Name the Chairman and CEO of TAFE who has been inducted into the board of AGCO. Mallika Srinivasan 31. Who won the 2011 German GP? Lewis Hamilton 32. Which former Australian opening batsman is set to return to competitive cricket (Big Bash League T20)? Matthew Hayden 33. Which Indian swimmer qualified for the 2012 London Olympics? Sandeep Sejwal 34. Which country has launched its new currency? Sudan 35. Which singer is all set to perform at the Royal Albert Hall where the first Carnatic music is scheduled in the 116-year history of BBC proms? Aruna Sairam 36. Which motorcycle has Honda Motorcycle and Scooter India Private Ltd. recently launched? CBR 250R 37. Who won the ladies National snooker championship? Vidya Pillai 38. Who won the 2000th Test cricket held at Lords Cricket Ground? England 39. Which frenchman after 25 years won the German Open Tennis tournament? Gilles Simon 40. Who won the Indonesian International Challenge badminton championship 2011? Pusarla Venkata Sindhu 41. Who has been appointed as Lokayukta of Karnataka to succeed Santosh Hegde?Ace fighter pilot Norman Anil Kumar Browne took over as the 23rd chief of the Indian Air Force from Air Chief Marshal P V Naik, who retired after putting in 42 years of service.
Kishore Kumar
79. Parts of which African country is hit by Famine according to United Nations?
Somalia
80. Which model has Harley-Davidson launched in India priced at Rs.19.7 lakh?
Fat Boy Special
81. Which service did Vodafone roll out in Bangalore recently?
3G services
82. Where is the Hockey Asian Champions Trophy is to be held?
Ordos, China
83. Name the ex-PM of Ukraine who was arrested recently.
Yulia Tymoshenko
84. Who has become first female prime minister of Thailand?
Yingluck Shinawatra
85. Where is the Folksam Grand Prix meet being held?
Karlstad, Sweden
What is the downgraded credit rating given by S&P to USA?
AA+
86. Which cricketer has been recalled to One-Day match against England after 2 years?
Rahul Dravid
87. Whose maiden century in Twenty20 cricket against Australia set Sri Lanka a 35 run victory?
Tilakaratne Dilshan
88. Which South African fast bowler cricketer celebrated his 100th birthday recently?
Norman Gordon
89. Which Taiwan company has recently launched tablet PCs priced at Rs.15,000?
Micro-Star International (MSI)
90. What is the food inflation as on July 30th 2011?
9.90 per cent
91. Name the Indo-Canadian who has been appointed the president and CEO of the Information Technology Association of Canada (ITAC)?
Karna Gupta
92. Which car model has Maruti Suzuki set to unveil in the Indian market?
Maruti 800 cc
93. Which three banks are planning a Joint Venture commercial bank in Malaysia?
Bank of Baroda, Andhra Bank and Indian Overseas Bank
94. Who is to replace Arvind Jadhav as Air India chief?
Rohit Nandan
95. Which bollywood actor passed away recently?
Shammi Kapoor
96. Which Bank’s net profit dip to about 45% as it disclosed its Q1 earnings?
State Bank of India
97. Who won the ATP Montreal Masters title?
Novak Djokovic
98. Who won the bronze medal at the World Badminton Championship after a gap of 28 years?
Jwala Gutta and Ashwini Ponappa
99. Name the former NASDAQ MD who has been sentenced to 42 months in prison and has been ordered to forfeit over $700,000 illegal profits made during his role in an insider trading scheme.
Donald Johnson
100. Which country’s President has called for national government by August 21st 2011?
Nepal, President Dr.Ram Baran
101. Which telecom company increased call tariffs by 20% recently?
Reliance Communications
102. Which section of education is to be made Universal unlike elementary education in India?
Secondary Education
103. What is the West Bengal government planning to setup for medical benefits to remote corner people?
Health Bank
104. Who won his first World Golf Championship title?
Adam Scott
105. Who became the first bowler to clinch 6 wickets in a Twenty20 International Cricket?
Ajantha Mendis
106. What is the maximum amount that can be withdrawn from a third-party ATM per transaction?
Rs.10,000
107. Which Indian University recently signed pact with university of Sydney?
Anna University
108. For which programme an Indian student pursuing her Ph.D in chemical biology from Tata Institute of Fundamental Research chosen?
Sci-finder Academic Exchange Program
109. Which company has launched 3G Tablet priced at Rs.12,999 with special data plans in India?
RCom
110. What is the extension period given to RBI Governor D.Subbarao?
2 years (untill Spetember 4th 2013)
111. Which Insurance company is set to sue Bank of America to recover about $10 billion?
AIG (American International Group Inc)
112. Which company has collaborated with Singapore Management University for a R&D facility for cloud-based IT solutions?
TCS
113. Which Bank has launced Debit Card with credit limit? Name the card.
IDBI Bank. IDBI Magic Card
114. Who has been appointed as CEO for Bharti Airtel’s broadband and DTH services?
Rajiv Rajagopal for Broadband and data services and Shashi Arora for DTH and media services
115. Who has entered the 2nd round of the World Badminton Championships defeating Germany’s Domke Dieter?
P.Kashyap
116. Which Indian women cricketer has been suspended from bowling in international cricket for illegal action?
Snehal Pradhan
117. Name the project under which all post offices in India are to be provided with Internet connectivity.
India Post Technology Project 2012
118. Which two districts in Karnataka is set to get RAHI airports?
Shimoga and Gulbarga
119. Who is all set to introduce Jan Lokpall Bill as a private member’s bill in LokSabha?
BJP MP Varun Gandhi
120. Who has been appointed as joint Managing Director of Hero MotoCorp (formerly Hero Honda)?
Sunil Kant Munjal
121. Which film director eyes for stake in Indian Premier League team Kochi Tuskers?
Priyadarshan
122. Expand Infosys. Who logged out as Chief Mentor and Chairman from the IT giant Infosys on Friday 19th August 2011?
Information System. N.R. Narayana Murthy
123. Which company has launched Android tablet priced at Rs.6,250?
LACS (Lakshmi Access Communications Systems)
124. Which consumer major has launched online game and mobile app to promote corporate awareness?
Reckitt Benckiser
125. Who won the Cincinnati Masters title held at Ohio recently?
Andy Murray
126. Who won his first US PGA Tour title at the Wyndham Championship?
Webb Simpson
127. Which Bank has sought support of Rs.300 crore from the Government to fund business growth?
Corporation Bank
128. Who surpassed Sunil Gavaskar’s record of 34 hundreds in Test Cricket recently?
Rahul Dravid
129. Where and at which event was Jon ‘Eggman’ Egging a British pilot killed recently?
Near Bournemouth Airport in Dorset. At an Airshow in Britain
130. Which Indian city turns 372 today (22nd August 2011)?
Chennai
131. Name the Marxist historian and Indologist who passed away recently.
Ram Sharan Sharma
132. Which feature has Google launched as music blog for users of Google Music Beta?
Google Magnifier
133. Name the deposit scheme that Indian Bank has launched for people under the financial inclusion plan.
Variable Recurring Deposit Scheme
134. Who won the Test series against India by an Innings and 8 runs, termed to be as worst performance since 1959?
England
135. Who became the first bowler to take three hatricks in one-day cricket?
Latish Malinga
136. Who was honoured with Degree of Doctor of Science (Honoris Causa) from IIT – Kharagpur?
Sunil Bharti Mittal
137. Who won the woman’s Cincinnati WTA Title?
Maria Sharapova
138. Who won the mens doubles Cincinnati WTA Title?
Leander Peas and Mahesh Bhupathi
139. Name the President of Standard and Poor chief who quit recently.
Deven Sharma
140. Who becomes the first woman to conquer 14,800 metre summit (K2) without artificial oxygen?
Austrian climber Gerlinde Kaltenbrunner
141. Which Hollywood studio has made some of its film available online as rentals at social networking site Facebook?
Miramax
142. Name the new variant car launched by Tata motors.
Tata Vista
143. Name the mouse launched by LG recently. Mention its additional feature.
Mouse Scanner
144. Who has been named as CEO of Apple post Steve Jobs resignation?
Tim Cook
145. Who has been appointed as chairman of the Board of Directors of Press Trust of India?
M.P.Veerendrakumar
146. Which ace Indian football player retired recently?
Bhaichung Bhutia
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ANDHRA BANK PO GENERAL AWARENESS...LATEST...!!!!!
Q1)Who is the producer of Moner Manush
Gautam Ghosh
Q2).Which sector contributes more to Indian economy
Sevice sector
Q3).Peso currency of which country?
Chile
Q)4.which of the following is term used inBadminton?
Love
Q5)Which is public sector bank?
IDBI
Q6)which of the country is Tapi Pipline country?
Pakistan,Turkeministhan, Afganisthan, India
Q7) Apex body of mutual fund?
AMFI
Q8) Book of VS Naupal?
A bend in river
Q9) If state does not having RBI office, who looks after its operations there?
SBI
Q10) indian population is?
1.21 billion
Q11)Head of SEBI ?
UK Sinha
Q12)Strips Full form?
Separate Trading for Registered interest & payment systems.
Q13)Budgst estimate of GDP ?
9%
Q14)kashi Ganga Riveris in which state?
Karnakata
Q15)Mohammad yunus is related to?
Micro finance
Q16)Micro Finance under the?
Nabard
Q17)super senior age is?
80 years
Q18)opening a bank account is?
financial inclusion
Q19)economy growth for 2011-12 ?
9%
Q20)Lech Kaczyński is?
poland president died in a crash plane
Q21)Term not used in banking?
eu nion project
Q22)cirus is?
nuclear reactor
Q23)Full form of ULIP?
unit linked insurance plan
Q24)Which of the following is not insurance company ?
GE money
Q25)which of the following is a mutual fund comp ?
Q26)which of the following cup related to Hockey?
Ranga swami cup
Gautam Ghosh
Q2).Which sector contributes more to Indian economy
Sevice sector
Q3).Peso currency of which country?
Chile
Q)4.which of the following is term used inBadminton?
Love
Q5)Which is public sector bank?
IDBI
Q6)which of the country is Tapi Pipline country?
Pakistan,Turkeministhan, Afganisthan, India
Q7) Apex body of mutual fund?
AMFI
Q8) Book of VS Naupal?
A bend in river
Q9) If state does not having RBI office, who looks after its operations there?
SBI
Q10) indian population is?
1.21 billion
Q11)Head of SEBI ?
UK Sinha
Q12)Strips Full form?
Separate Trading for Registered interest & payment systems.
Q13)Budgst estimate of GDP ?
9%
Q14)kashi Ganga Riveris in which state?
Karnakata
Q15)Mohammad yunus is related to?
Micro finance
Q16)Micro Finance under the?
Nabard
Q17)super senior age is?
80 years
Q18)opening a bank account is?
financial inclusion
Q19)economy growth for 2011-12 ?
9%
Q20)Lech Kaczyński is?
poland president died in a crash plane
Q21)Term not used in banking?
eu nion project
Q22)cirus is?
nuclear reactor
Q23)Full form of ULIP?
unit linked insurance plan
Q24)Which of the following is not insurance company ?
GE money
Q25)which of the following is a mutual fund comp ?
Q26)which of the following cup related to Hockey?
Ranga swami cup
Friday, 22 July 2011
UNION BUDGET, RAILWAY BUDGET, ECONOMIC SURVEY 2011/12
1. According to economic survey 2011-12, tabled in the parliament on February25, 2011, how many villages in India are still out of telecom loop?
(1) 61,586
(2) 62,443
(3) 63,342
(4) 62,634
2. Union Railway Minister Ms. Mamata Banerjee presented the Railway Budget for 2011-12on
February 25, 2011 and fixed the plan outlay for 2011-12 at Rs.57, 630 crore, which is___ percent higher than the outlay for the year 2011-11.
(1) 38
(2) 42
(3) 44
(4) 40
3. According to the provisions of Railway Budget 2011-12, presented on February 25, 2011, which of the following combinations of project and proposed investments is not correct?
(1) New Railway Lines-Rs 9,583 crore
(2) Doubling the Lines-Rs5, 406 crore
(3) Gauge Conversion-Rs 2,470 crore
(4) Acquisition of rolling Stock-Rs 12,380 crore
4. Ms. Mamata Banerjee while presenting the Railway Budget for 2011-12 on February 25, 2011 fixed the target to load 993 million tones goods during 2011-12 to earn.
(1) Rs.68, 620 crore
(2) Rs.62, 489 crore
(3) Rs.67, 826 crore
(4) Rs.63, 765 crore
5. In the Railway Budget 2011-12, tabled on February 25, 2011, Ms.Mamata Banerjee has set an ambitious goal of enhancing the sundry earnings to Rs. 4,060 crore during 2011-12, which was___in 2010-11.
(1) Rs. 3170 Crore
(2) Rs. 3,530.34 Crore
(3) Rs.2, 596.31 Crore
(4) Rs.2, 778.34 Crore
6. Which one of the following projects was not announced by the Union Railway Minister Ms.Mamata Banerjee in the Railway Budget 2011-12, presented on February 25, 2011?
(1)Laying of 40 new lines
(2)Gauge Conversion of 1,017 km
(3)Trebling of 1125 km of track
(4)Electrification of 1,000km of track
7. Union Railway Minister Ms.Mamata Banerjee while presenting the Railway Budget for 2011-12 on February 25, 2011 proposed to set up a 700-megawatt gas-based power plant at Thakurli,which is situated in the state of
(1) West Bengal
(2) Andhra Pradesh
(3) Manipur
(4) Maharastra
8. How many new express trains were proposed in the Railway Budget 2011-12 on February 25, 2011 besides three new Shatabdis and nine new Duronto trains?
(1) 56
(2) 58
(3) 62
(4) 54
9. Which of the following statements regarding the Economic Survey 2010-11, tabled in the Parliament on February 25, 2011 is not correct?
(1) Estimated GDP growth in 2010-12, 8.6 percent
(2) Survey favours phased opening of foreign direct investment in multi-brand retail
(3) Survey does not favour second green revolution
(4) Efficient taxation of goods and services through GST
10. Union Finance Minister Pranab Mukherjee presented the Budget 2011-12 on February 28, 2011.Which of the following is not a key features of this Budget?
(1) Gross Tax receipts are estimated at Rs. 932,440 crore
(2) Exemption limit for general category of individual taxpayers was not enhanced
(3) Total expenditure proposed at Rs. 12, 57,729 crore
(4) Rate of Minimum Alternative Tax increased to18.5 percent
11. Which of the following statements is not correct about the Budget 2011-12, tabled in the parliament of February 28, 2011?
(1) Increase of 18.3 percent in total plan allocation
(2) Standard rate of service tax retained at 10 percent
(3) Allocation of Rs. 900 crore for National Mission for protein supplement
(4) redit flow for farmers raised from Rs. 3,75,000 crore to Rs. 4,75,000 Crore in 2011-12.
12. According to Economic Survey 2010-11, during April 2006 to March 2010, India witnessed foreign direct Investment inflows worth ____ in the retail sector.
(1) $ 190 million
(2) $ 194.69 million
(3) $ 290 million
(4) $ 294.69 million
13. According to Economic survey 2010-11, presented in the Lok Sabha on February 25, 2011, while the overall gross domestic product (GDP) has grown by an average of 8.62 percent during 2004-05 to 2010-11, GDP of the agricultural sector has increased by only____during the same period.
(1) 3.46 percent
(2) 4.46 percent
(3) 2.46 percent
(4) 5.46 percent
14. According to the data presented in the Economic Survey 2010-11, from 2000-2001 to 2009-2010, the growth in wheat acreage was around 1.21 percent, What was the growth in yield?
(1) 1.89 percent
(2) 0.68 percent
(3) 1.59 percent
(4) 1.61 percent
15. In the Union Budget 2011-12 presented in the LokSabha on February 28, 2011, what amount has been proposed to be raised through disinvestment of Public Sector Undertakings?
(1) Rs. 35,000 crore
(2) Rs. 40,888 crore
(3) Rs. 40,000 crore
(4) Rs. 37,000 crore
16. According to the proposal of Union Budget 2011-12, the government is to finalise Direct Taxes Code for enactment during 2011-12.When will it be effective from?
(1) April 1, 2012
(2) May 1, 2012
(3) April 1, 2013
(4) May 1, 2013
17. According to proposals of Union Budget, 2011-12, to empower women and promote their self help groups (SHG) Women’s SHGs Devlopment Fund is to be created with a corpus of
(1) Rs. 600 crore
(2) Rs. 525 crore
(3) Rs. 625 crore
(4) Rs. 500 crore
18. Which of the following pairs based on Union Budget 2011-12 estimates is wrongly matched?
(1) Revenue Receipts-Rs. 789892 crore
(2) Capital Receipts-Rs. 816182 crore
(3) Non Plan Expenditure-Rs. 816000 crore
(4) Revenue Deflect- Rs. 307270 crore
19. According to the Union Budget 2011-12 estimates for each rupee that comes in the government’s ex-chequer the share of different heads has been listed below. Which of the following is not correctly matched?
(1) Borrowings and other liabilities-27 paise
(2) Corporation tax-24 paise
(3) Service tax and other taxes-6 paise
(4) Union Excise duties-11 paise
20. According to the Union Budget 2011-12 estimates presented in the Lok Sabha on February 28,2011,for each rupee that goes from government’s ex-chequer.the share of different heads has been listed below. Which of the following is not correctly matched?
(1) Central Plan-22 paise
(2) Interest Payment-18 paise
(3) Defence-11 paise
(4) subsidies-9 paise
21. According to the Union Budget 2011-12, to further encourage States to allocate more funds for agriculture over and above their base line expenditure on farming, an additional sum of ____has been proposed for the Rashtriya Krishi Vikas Yojana.
(1) Rs. 1190 crore
(2) Rs. 1105 crore
(3) Rs. 1150 crore
(4) Rs. 5110 crore
22. In the Union Budget 2011-12 proposals presented in Lok Sabha on February 28, 2011, to provide Housing finance to targeted groups in rural areas at competitive rates, what provision has been made for the Rural Housing Fund?
(1) Rs. 2000 crore
(2) Rs. 3500 crore
(3) Rs. 3000 crore
(4) Rs. 2500 crore
23. Handloom weavers have been facing economic stress. In the Union Budget 2011-12, to benefit
15000 cooperative societies and about 300000 handloom weavers, it has been proposed to provide_____ to NABARD.
(1) Rs. 3000 crore
(2) Rs. 2000 crore
(3) Rs. 3500 crore
(4) Rs. 4661 crore
24. With an objective to bring green revolution in the eastern region of India i.e. Assam, West Bengal, Orissa, Bihar, Jharkhand, eastern Uttar Pradesh and Chhattisgarh, what amount has been allocated in Union Budget 2011-12 for the programme that will target the rice based cropping system?
(1) Rs. 325 crore
(2) Rs. 400 crore
(3) Rs. 315 crore
(4) Rs. 415 crore
25. To build judicial infrastructure and E-courts project, the plan provision for the Department of justice has been increased three-fold to in the Union Budget 2011-12.
(1) Rs. 1000 crore
(2) Rs. 951 crore
(3) Rs. 2000 crore
(4) Rs. 1051 crore
26. In the Union Budget 2011-12 estimates presented in the Lok Sabha on February 28, 2011 the government has pegged fiscal deflect for 2011-12, at____ of Gross Domestic Product (GDP).
(1) 4.8 percent
(2) 4.6 percent
(3) 4.9 percent
(4) 4.15 percent
27. Plan expenditure which broadly includes spending on assets and is perceived to provide a push to the economic growth is estimated to be____in 2011-12, as mentioned in the Union Budget 2011-12.
(1) Rs. 441500.09 crore
(2) Rs. 400000 crore
(3) Rs. 441546.75 crore
(4) Rs. 14546.7 crore
28. In the Union Budget 2011-12 presented on February 28, 2011, a big push to the infrastructure sector has been announced. What allotment has been proposed on the transport and the energy sectors out of Rs. 5.92 lakh crore earnmarked in the Central Plan?
(1) Rs. 2.72 lakh crore
(2) Rs. 1.72 lakh crore
(3) Rs. 1.75 lakh crore
(4) Rs. 1.89 lakh crore
29. Union Finance Minister Pranab Mukherjee has made a total allocation of____to give a greater to flagship programme Bharat Nirman,covering six sectors.
(1) Rs. 56000 crore
(2) Rs. 58000 crore
(3) Rs. 10000 crore
(4) Rs. 85000 crore
30. In the Union Budget 2011-12 proposals,what amount has been allocated under the Indira Awas Yojana for construction of house for BPL families in the left wing Extremist(LWE) districts?
(1) Rs. 8096 crore
(2) Rs. 18999 crore
(3) Rs. 8996 crore
(4) Rs. 7996 crore
31. In the union Budget 2011-12 presented in the parliament on February 28, 2011 by what percentage the defence budget has been raised from Rs. 147344 crore in 2010-11?
(1) 11.59 percent
(2) 12.59 percent
(3) 11.95 percent
(4) 12.5 percent
32. According to the Union Budget 2011-12, an international award with prize money of Rs. 1crore is to be instituted for promoting the values of universal brotherhood in the memory of
(1) Mahatma Gandhi
(2) Rabindranath Tagore
(3) Devendranath Tagore
(4) Subhash Chandra Bose
ANSWERS
1.(2) 2.(4) 3.(4) 4.(1) 5.(2) 6.(3) 7.(4) 8.(1) 9.(3) 10.(2) 11.(3) 12.(2) 13.(1) 14.(2) 15.(3) 16.(1) 17.(4) 18.(2) 19.(2) 20.(3) 21.(2) 22.(2) 23.(1) 24.(2) 25.(1) 26.(2) 27.(3) 28.(1) 29.(2) 30.(3) 31.(1) 32.(2)
(1) 61,586
(2) 62,443
(3) 63,342
(4) 62,634
2. Union Railway Minister Ms. Mamata Banerjee presented the Railway Budget for 2011-12on
February 25, 2011 and fixed the plan outlay for 2011-12 at Rs.57, 630 crore, which is___ percent higher than the outlay for the year 2011-11.
(1) 38
(2) 42
(3) 44
(4) 40
3. According to the provisions of Railway Budget 2011-12, presented on February 25, 2011, which of the following combinations of project and proposed investments is not correct?
(1) New Railway Lines-Rs 9,583 crore
(2) Doubling the Lines-Rs5, 406 crore
(3) Gauge Conversion-Rs 2,470 crore
(4) Acquisition of rolling Stock-Rs 12,380 crore
4. Ms. Mamata Banerjee while presenting the Railway Budget for 2011-12 on February 25, 2011 fixed the target to load 993 million tones goods during 2011-12 to earn.
(1) Rs.68, 620 crore
(2) Rs.62, 489 crore
(3) Rs.67, 826 crore
(4) Rs.63, 765 crore
5. In the Railway Budget 2011-12, tabled on February 25, 2011, Ms.Mamata Banerjee has set an ambitious goal of enhancing the sundry earnings to Rs. 4,060 crore during 2011-12, which was___in 2010-11.
(1) Rs. 3170 Crore
(2) Rs. 3,530.34 Crore
(3) Rs.2, 596.31 Crore
(4) Rs.2, 778.34 Crore
6. Which one of the following projects was not announced by the Union Railway Minister Ms.Mamata Banerjee in the Railway Budget 2011-12, presented on February 25, 2011?
(1)Laying of 40 new lines
(2)Gauge Conversion of 1,017 km
(3)Trebling of 1125 km of track
(4)Electrification of 1,000km of track
7. Union Railway Minister Ms.Mamata Banerjee while presenting the Railway Budget for 2011-12 on February 25, 2011 proposed to set up a 700-megawatt gas-based power plant at Thakurli,which is situated in the state of
(1) West Bengal
(2) Andhra Pradesh
(3) Manipur
(4) Maharastra
8. How many new express trains were proposed in the Railway Budget 2011-12 on February 25, 2011 besides three new Shatabdis and nine new Duronto trains?
(1) 56
(2) 58
(3) 62
(4) 54
9. Which of the following statements regarding the Economic Survey 2010-11, tabled in the Parliament on February 25, 2011 is not correct?
(1) Estimated GDP growth in 2010-12, 8.6 percent
(2) Survey favours phased opening of foreign direct investment in multi-brand retail
(3) Survey does not favour second green revolution
(4) Efficient taxation of goods and services through GST
10. Union Finance Minister Pranab Mukherjee presented the Budget 2011-12 on February 28, 2011.Which of the following is not a key features of this Budget?
(1) Gross Tax receipts are estimated at Rs. 932,440 crore
(2) Exemption limit for general category of individual taxpayers was not enhanced
(3) Total expenditure proposed at Rs. 12, 57,729 crore
(4) Rate of Minimum Alternative Tax increased to18.5 percent
11. Which of the following statements is not correct about the Budget 2011-12, tabled in the parliament of February 28, 2011?
(1) Increase of 18.3 percent in total plan allocation
(2) Standard rate of service tax retained at 10 percent
(3) Allocation of Rs. 900 crore for National Mission for protein supplement
(4) redit flow for farmers raised from Rs. 3,75,000 crore to Rs. 4,75,000 Crore in 2011-12.
12. According to Economic Survey 2010-11, during April 2006 to March 2010, India witnessed foreign direct Investment inflows worth ____ in the retail sector.
(1) $ 190 million
(2) $ 194.69 million
(3) $ 290 million
(4) $ 294.69 million
13. According to Economic survey 2010-11, presented in the Lok Sabha on February 25, 2011, while the overall gross domestic product (GDP) has grown by an average of 8.62 percent during 2004-05 to 2010-11, GDP of the agricultural sector has increased by only____during the same period.
(1) 3.46 percent
(2) 4.46 percent
(3) 2.46 percent
(4) 5.46 percent
14. According to the data presented in the Economic Survey 2010-11, from 2000-2001 to 2009-2010, the growth in wheat acreage was around 1.21 percent, What was the growth in yield?
(1) 1.89 percent
(2) 0.68 percent
(3) 1.59 percent
(4) 1.61 percent
15. In the Union Budget 2011-12 presented in the LokSabha on February 28, 2011, what amount has been proposed to be raised through disinvestment of Public Sector Undertakings?
(1) Rs. 35,000 crore
(2) Rs. 40,888 crore
(3) Rs. 40,000 crore
(4) Rs. 37,000 crore
16. According to the proposal of Union Budget 2011-12, the government is to finalise Direct Taxes Code for enactment during 2011-12.When will it be effective from?
(1) April 1, 2012
(2) May 1, 2012
(3) April 1, 2013
(4) May 1, 2013
17. According to proposals of Union Budget, 2011-12, to empower women and promote their self help groups (SHG) Women’s SHGs Devlopment Fund is to be created with a corpus of
(1) Rs. 600 crore
(2) Rs. 525 crore
(3) Rs. 625 crore
(4) Rs. 500 crore
18. Which of the following pairs based on Union Budget 2011-12 estimates is wrongly matched?
(1) Revenue Receipts-Rs. 789892 crore
(2) Capital Receipts-Rs. 816182 crore
(3) Non Plan Expenditure-Rs. 816000 crore
(4) Revenue Deflect- Rs. 307270 crore
19. According to the Union Budget 2011-12 estimates for each rupee that comes in the government’s ex-chequer the share of different heads has been listed below. Which of the following is not correctly matched?
(1) Borrowings and other liabilities-27 paise
(2) Corporation tax-24 paise
(3) Service tax and other taxes-6 paise
(4) Union Excise duties-11 paise
20. According to the Union Budget 2011-12 estimates presented in the Lok Sabha on February 28,2011,for each rupee that goes from government’s ex-chequer.the share of different heads has been listed below. Which of the following is not correctly matched?
(1) Central Plan-22 paise
(2) Interest Payment-18 paise
(3) Defence-11 paise
(4) subsidies-9 paise
21. According to the Union Budget 2011-12, to further encourage States to allocate more funds for agriculture over and above their base line expenditure on farming, an additional sum of ____has been proposed for the Rashtriya Krishi Vikas Yojana.
(1) Rs. 1190 crore
(2) Rs. 1105 crore
(3) Rs. 1150 crore
(4) Rs. 5110 crore
22. In the Union Budget 2011-12 proposals presented in Lok Sabha on February 28, 2011, to provide Housing finance to targeted groups in rural areas at competitive rates, what provision has been made for the Rural Housing Fund?
(1) Rs. 2000 crore
(2) Rs. 3500 crore
(3) Rs. 3000 crore
(4) Rs. 2500 crore
23. Handloom weavers have been facing economic stress. In the Union Budget 2011-12, to benefit
15000 cooperative societies and about 300000 handloom weavers, it has been proposed to provide_____ to NABARD.
(1) Rs. 3000 crore
(2) Rs. 2000 crore
(3) Rs. 3500 crore
(4) Rs. 4661 crore
24. With an objective to bring green revolution in the eastern region of India i.e. Assam, West Bengal, Orissa, Bihar, Jharkhand, eastern Uttar Pradesh and Chhattisgarh, what amount has been allocated in Union Budget 2011-12 for the programme that will target the rice based cropping system?
(1) Rs. 325 crore
(2) Rs. 400 crore
(3) Rs. 315 crore
(4) Rs. 415 crore
25. To build judicial infrastructure and E-courts project, the plan provision for the Department of justice has been increased three-fold to in the Union Budget 2011-12.
(1) Rs. 1000 crore
(2) Rs. 951 crore
(3) Rs. 2000 crore
(4) Rs. 1051 crore
26. In the Union Budget 2011-12 estimates presented in the Lok Sabha on February 28, 2011 the government has pegged fiscal deflect for 2011-12, at____ of Gross Domestic Product (GDP).
(1) 4.8 percent
(2) 4.6 percent
(3) 4.9 percent
(4) 4.15 percent
27. Plan expenditure which broadly includes spending on assets and is perceived to provide a push to the economic growth is estimated to be____in 2011-12, as mentioned in the Union Budget 2011-12.
(1) Rs. 441500.09 crore
(2) Rs. 400000 crore
(3) Rs. 441546.75 crore
(4) Rs. 14546.7 crore
28. In the Union Budget 2011-12 presented on February 28, 2011, a big push to the infrastructure sector has been announced. What allotment has been proposed on the transport and the energy sectors out of Rs. 5.92 lakh crore earnmarked in the Central Plan?
(1) Rs. 2.72 lakh crore
(2) Rs. 1.72 lakh crore
(3) Rs. 1.75 lakh crore
(4) Rs. 1.89 lakh crore
29. Union Finance Minister Pranab Mukherjee has made a total allocation of____to give a greater to flagship programme Bharat Nirman,covering six sectors.
(1) Rs. 56000 crore
(2) Rs. 58000 crore
(3) Rs. 10000 crore
(4) Rs. 85000 crore
30. In the Union Budget 2011-12 proposals,what amount has been allocated under the Indira Awas Yojana for construction of house for BPL families in the left wing Extremist(LWE) districts?
(1) Rs. 8096 crore
(2) Rs. 18999 crore
(3) Rs. 8996 crore
(4) Rs. 7996 crore
31. In the union Budget 2011-12 presented in the parliament on February 28, 2011 by what percentage the defence budget has been raised from Rs. 147344 crore in 2010-11?
(1) 11.59 percent
(2) 12.59 percent
(3) 11.95 percent
(4) 12.5 percent
32. According to the Union Budget 2011-12, an international award with prize money of Rs. 1crore is to be instituted for promoting the values of universal brotherhood in the memory of
(1) Mahatma Gandhi
(2) Rabindranath Tagore
(3) Devendranath Tagore
(4) Subhash Chandra Bose
ANSWERS
1.(2) 2.(4) 3.(4) 4.(1) 5.(2) 6.(3) 7.(4) 8.(1) 9.(3) 10.(2) 11.(3) 12.(2) 13.(1) 14.(2) 15.(3) 16.(1) 17.(4) 18.(2) 19.(2) 20.(3) 21.(2) 22.(2) 23.(1) 24.(2) 25.(1) 26.(2) 27.(3) 28.(1) 29.(2) 30.(3) 31.(1) 32.(2)
UNION BUDGET MCQS - 2011/12
1) Who presented the Union Budget 2011-12 in the Parliament on February 28, 2011?
a) Manmohan Singh b) Pratibha Devisingh Patil c) Hamid Ansari d) D.Subbarao e) Pranab Mukherjee
2) The first Union budget of independent India was presented by?
a) R.K.Shanmukham Chetty b) Jawaharlal Nehru c) Morarji Desai d) Indira Gandhi e) Manmohan Singh
3) Disinvestment Target for 2011-12 has been placed at?
a) Rs. 10000 crore b) Rs. 20000 crore c) Rs. 30000 crore d) Rs. 40000 crore e) None of these
4) Foreign Institutional Investor-(FII) limit for investment in Indian corporate bonds raised from $20 billion to?
a) $30 billion b) $40 billion c) $50 billion d) $60 billion e) None of these
5) As per Union Budget 2011-12, Indian Micro Finance Equity Fund of Rs.100 crore to be created with?
a) SBI b)ICICI
c) NABARD d)IDBI e) SIDBI
6) Rural Infrastructure Develo-pment Fund (RIDF) was set up by the Government in?
a) 1995-96 b) 1996-97 c) 1997-98 d)1998-99 e) None of these
7) The corpus allocated for Rural Infrastructure Development Fund (RIDF) for 2011-12 is?
a) Rs.16000 b) Rs.17000 c) Rs.18000 d) Rs.19000 e) None of these
8) The target of credit flow to farmers has been raised from Rs.3,75,000 crore of 2010-11 to ……in 2011-12?
a) Rs.4,75,000 crore b) Rs.5,75,000 crore c) Rs.6,75,000 crore d) Rs.7,75,000 crore e) None of these
9) Rural Infrastructure Develo-pment Fund (RIDF) is maintained by?
a) RBI b) SBI c) NABARD d) IDBI Bank e) None of these
10) Eligibility for pension under Indira Gandhi National Old Age Pension Scheme for BPL beneficiaries reduced from 65 years of age to?
a) 64 years b) 63 years c) 62 years d) 61 years e) 6o years
11) Exemption limit for the general category of individual taxpa-yers enhanced from 1,60,000 to?
a) 1,70,000 b) 1,80,000 c) 1,90,000 d) 2,00,000 e) None of these
12) As per Union Budget 2011-12, standard rate of Service Tax is?
a) 10 % b) 11 % c) 12 %d) 13 % e) None of these
13) As per Union Budget 2011-12, Defence allocation is?
a) 1.64 lakh crore b) 1.74 lakh crore c) 1.84 lakh crore d) 1.94 lakh crore e) None of these
14) In the Constitution of India, the Union Budget of India referred to as the?
a) Economic Survey b) Monetary and Credit Policy c) Foreign Trade Policy d) Annual Financial Statement
e) None of these
15) Which of the following department is not a part of Finance Ministry of India?
a) Department of Economic Affairs
b) Department of Expenditure
c) Department of Revenue
d) Department of Disinvestments
e) Department of Industrial Policy & Promotion
16) Which Department principal responsibility is the prep-aration of the Union Budget annually (excluding the Railway Budget)?
a) Department of Economic Affairs
b) Department of Expenditure
c) Department of Revenue
d) Department of Disinvestments
e)Department of Financial Servies
17) Which of the following is a government body that offers a single window clearance for proposals on foreign direct investment in the country that are not allowed access through the automatic route?
a) Securities and Exchange Board of India
b) Reserve Bank of India
c) Export-Import Bank of India
d) Foreign Investment Promo-tion Board
e) Bombay Stock Exchange
18) The first woman Finance Secretary of India?
a) Sushma Nath
b)Shyamala Gopinath
c) Chanda Kochhar
d) Shikha Sharma
e) None of these
19) The only woman to hold the post of the finance minister of India?
a) Vijaya Lakshmi Nehru Pandit b) Sarojini Naidu
c) Rajkumari Amrit Kaur d) Indira Gandhi e)None of these
20) The Union Budget is always presented first in ?
a) Lok Sabha b) Rajya Sabha c) Joint Session of the Parliament d) State Assemblies e) None of these
21) Which of the following presents the Economic Survey in the parliament every year, just before the Union Budget?
a) RBI b) Ministry of Finance c) Ministry of Commerce d) Planning Commission e) Finance Commission
22) The financial year in India starts on?
a) 1st January b)1stMarch c) 1st April d) 1st July e) None of these
23) A fiscal year in India ends on?
a) February 28 b) March 31 c)April1 d)July1e)December 31
24) A. Gross Tax receipts are estimated at 9,32,440 crore.
B. Non-tax revenue receipts estimated at 1,25,435 crore.
C. Total expenditure proposed at 12,57,729 crore.
D. Increase of 18.3 per cent in total Plan allocation.
E. Increase of 10.9 per cent in the Non-plan expenditure.
Which of the statements given above is/are correct?
a) A and B b) B and C
c) C and D d) D and E e) All of the above
25) A.Gross Domestic Product (GDP) estimated to have grown at 8.6 per cent in 2010-11 in real terms.
B. Government expects econo-my to grow at 9 % in 2011-12.
C. Fiscal Deficit target at 4.6% for 2011-12, down from 5.1% estimated for 2010-11.
D. Central Government debt estimated at 44.2 per cent of GDP for 2011-12 as against 52.5 per cent recomm-ened by the 13th Finance Commission.
E. 40,000 crore to be raised through disinvestment in 2011-12.
Which of the statements given above is/are correct?
a) A and B b) B and C
c) C and D d) D and E e) All of the above
26) A. Government committed to retain at least 51 per cent ownership and management control of the Central Public Sector Undertakings.
B. "India Microfinance Equity Fund" of Rs.100 crore to be created with SIDBI. Gover-nment considering putting in place appropriate regulatory framework to protect the interest of small borrowers.
C."Women's SHG's Develo-pment Fund" to be created with a corpus of Rs. 500 crore.
D. Corpus of RIDF XVII to be raised from Rs.16,000 crore to 20,000 crore.
E. 1,000 crore to be provided to SIDBI for refinancing incre-mental lending by banks to these enterprises.
Which of the statements given above is/are correct?
a) A and D b) A, B and C c) C and D d) D and E e) None of these
27) A.Allocation under Rashtriya Krishi Vikas Yojana (RKVY) increased from Rs. 6,755 crore to 7,860 crore.
B. Rs.10,000 crore to be contributed to NABARD's Short-term Rural Credit fund for 2011-12.
C. Allocation for Bharat Nirman programme proposed to be increased by Rs.10,000 crore from the current year to Rs. 58,000 crore in 2011-12.
D. Rs. 21,000 crores for primary education to implement Sarva Shiksha Abhiyan.
E. Defence budget hiked to ’1.64 lakh crore
Which of the statements given above is/are correct?
a) A and B b) B and C c) C and D d) D and E
e) All of the above
28) Consider the following statements:
1) Finance minister Pranab Mukherjee unveiled the Union Budget 2011-12 on February 28, 2011.
2) Economic Survey 2010-11 was presented in the Parliament on Feb 25, 2011.
3) India's Railway Minister Mamta Banerjee presented the new Railway Budget for the year 2011-12 in the parliament on February 25, 2011.
Which of the statements given above is/are correct?
a) 1 only b) 2 only
c) 3 only d) All of the above e) None of these
Answers:
1) e, 2) a, 3) d, 4) a, 5) e, 6) a, 7) c, 8) a, 9) c, 10) e, 11) b, 12) a, 13) a, 14) d, 15) e, 16) a, 17) d, 18) a, 19) d, 20) a, 21) b, 22) c, 23) b, 24) e, 25) e, 26) b, 27) e, 28) d
a) Manmohan Singh b) Pratibha Devisingh Patil c) Hamid Ansari d) D.Subbarao e) Pranab Mukherjee
2) The first Union budget of independent India was presented by?
a) R.K.Shanmukham Chetty b) Jawaharlal Nehru c) Morarji Desai d) Indira Gandhi e) Manmohan Singh
3) Disinvestment Target for 2011-12 has been placed at?
a) Rs. 10000 crore b) Rs. 20000 crore c) Rs. 30000 crore d) Rs. 40000 crore e) None of these
4) Foreign Institutional Investor-(FII) limit for investment in Indian corporate bonds raised from $20 billion to?
a) $30 billion b) $40 billion c) $50 billion d) $60 billion e) None of these
5) As per Union Budget 2011-12, Indian Micro Finance Equity Fund of Rs.100 crore to be created with?
a) SBI b)ICICI
c) NABARD d)IDBI e) SIDBI
6) Rural Infrastructure Develo-pment Fund (RIDF) was set up by the Government in?
a) 1995-96 b) 1996-97 c) 1997-98 d)1998-99 e) None of these
7) The corpus allocated for Rural Infrastructure Development Fund (RIDF) for 2011-12 is?
a) Rs.16000 b) Rs.17000 c) Rs.18000 d) Rs.19000 e) None of these
8) The target of credit flow to farmers has been raised from Rs.3,75,000 crore of 2010-11 to ……in 2011-12?
a) Rs.4,75,000 crore b) Rs.5,75,000 crore c) Rs.6,75,000 crore d) Rs.7,75,000 crore e) None of these
9) Rural Infrastructure Develo-pment Fund (RIDF) is maintained by?
a) RBI b) SBI c) NABARD d) IDBI Bank e) None of these
10) Eligibility for pension under Indira Gandhi National Old Age Pension Scheme for BPL beneficiaries reduced from 65 years of age to?
a) 64 years b) 63 years c) 62 years d) 61 years e) 6o years
11) Exemption limit for the general category of individual taxpa-yers enhanced from 1,60,000 to?
a) 1,70,000 b) 1,80,000 c) 1,90,000 d) 2,00,000 e) None of these
12) As per Union Budget 2011-12, standard rate of Service Tax is?
a) 10 % b) 11 % c) 12 %d) 13 % e) None of these
13) As per Union Budget 2011-12, Defence allocation is?
a) 1.64 lakh crore b) 1.74 lakh crore c) 1.84 lakh crore d) 1.94 lakh crore e) None of these
14) In the Constitution of India, the Union Budget of India referred to as the?
a) Economic Survey b) Monetary and Credit Policy c) Foreign Trade Policy d) Annual Financial Statement
e) None of these
15) Which of the following department is not a part of Finance Ministry of India?
a) Department of Economic Affairs
b) Department of Expenditure
c) Department of Revenue
d) Department of Disinvestments
e) Department of Industrial Policy & Promotion
16) Which Department principal responsibility is the prep-aration of the Union Budget annually (excluding the Railway Budget)?
a) Department of Economic Affairs
b) Department of Expenditure
c) Department of Revenue
d) Department of Disinvestments
e)Department of Financial Servies
17) Which of the following is a government body that offers a single window clearance for proposals on foreign direct investment in the country that are not allowed access through the automatic route?
a) Securities and Exchange Board of India
b) Reserve Bank of India
c) Export-Import Bank of India
d) Foreign Investment Promo-tion Board
e) Bombay Stock Exchange
18) The first woman Finance Secretary of India?
a) Sushma Nath
b)Shyamala Gopinath
c) Chanda Kochhar
d) Shikha Sharma
e) None of these
19) The only woman to hold the post of the finance minister of India?
a) Vijaya Lakshmi Nehru Pandit b) Sarojini Naidu
c) Rajkumari Amrit Kaur d) Indira Gandhi e)None of these
20) The Union Budget is always presented first in ?
a) Lok Sabha b) Rajya Sabha c) Joint Session of the Parliament d) State Assemblies e) None of these
21) Which of the following presents the Economic Survey in the parliament every year, just before the Union Budget?
a) RBI b) Ministry of Finance c) Ministry of Commerce d) Planning Commission e) Finance Commission
22) The financial year in India starts on?
a) 1st January b)1stMarch c) 1st April d) 1st July e) None of these
23) A fiscal year in India ends on?
a) February 28 b) March 31 c)April1 d)July1e)December 31
24) A. Gross Tax receipts are estimated at 9,32,440 crore.
B. Non-tax revenue receipts estimated at 1,25,435 crore.
C. Total expenditure proposed at 12,57,729 crore.
D. Increase of 18.3 per cent in total Plan allocation.
E. Increase of 10.9 per cent in the Non-plan expenditure.
Which of the statements given above is/are correct?
a) A and B b) B and C
c) C and D d) D and E e) All of the above
25) A.Gross Domestic Product (GDP) estimated to have grown at 8.6 per cent in 2010-11 in real terms.
B. Government expects econo-my to grow at 9 % in 2011-12.
C. Fiscal Deficit target at 4.6% for 2011-12, down from 5.1% estimated for 2010-11.
D. Central Government debt estimated at 44.2 per cent of GDP for 2011-12 as against 52.5 per cent recomm-ened by the 13th Finance Commission.
E. 40,000 crore to be raised through disinvestment in 2011-12.
Which of the statements given above is/are correct?
a) A and B b) B and C
c) C and D d) D and E e) All of the above
26) A. Government committed to retain at least 51 per cent ownership and management control of the Central Public Sector Undertakings.
B. "India Microfinance Equity Fund" of Rs.100 crore to be created with SIDBI. Gover-nment considering putting in place appropriate regulatory framework to protect the interest of small borrowers.
C."Women's SHG's Develo-pment Fund" to be created with a corpus of Rs. 500 crore.
D. Corpus of RIDF XVII to be raised from Rs.16,000 crore to 20,000 crore.
E. 1,000 crore to be provided to SIDBI for refinancing incre-mental lending by banks to these enterprises.
Which of the statements given above is/are correct?
a) A and D b) A, B and C c) C and D d) D and E e) None of these
27) A.Allocation under Rashtriya Krishi Vikas Yojana (RKVY) increased from Rs. 6,755 crore to 7,860 crore.
B. Rs.10,000 crore to be contributed to NABARD's Short-term Rural Credit fund for 2011-12.
C. Allocation for Bharat Nirman programme proposed to be increased by Rs.10,000 crore from the current year to Rs. 58,000 crore in 2011-12.
D. Rs. 21,000 crores for primary education to implement Sarva Shiksha Abhiyan.
E. Defence budget hiked to ’1.64 lakh crore
Which of the statements given above is/are correct?
a) A and B b) B and C c) C and D d) D and E
e) All of the above
28) Consider the following statements:
1) Finance minister Pranab Mukherjee unveiled the Union Budget 2011-12 on February 28, 2011.
2) Economic Survey 2010-11 was presented in the Parliament on Feb 25, 2011.
3) India's Railway Minister Mamta Banerjee presented the new Railway Budget for the year 2011-12 in the parliament on February 25, 2011.
Which of the statements given above is/are correct?
a) 1 only b) 2 only
c) 3 only d) All of the above e) None of these
Answers:
1) e, 2) a, 3) d, 4) a, 5) e, 6) a, 7) c, 8) a, 9) c, 10) e, 11) b, 12) a, 13) a, 14) d, 15) e, 16) a, 17) d, 18) a, 19) d, 20) a, 21) b, 22) c, 23) b, 24) e, 25) e, 26) b, 27) e, 28) d
Friday, 15 July 2011
CURRENT AFFAIRS JULY 2011
1: What is called as the “Roof of the World”?
2: The illustrious names of Aryabhatta and Varahamihir are associated with the age of the
3: Who generally acknowledged as the pioneer of local self government in modern India?
4: Which Article of the Constitution of India abolishes untouchability and forbids its practice in any form?
5: The idea of Pakistan was first conceived by
6: Which of the following countries has introduced “Direct Democracy”?
7: Inflation occurs when aggregate supply is
8: Which State has the lowest per capita income in India?
9: In the budget figures of the Government of India, fiscal deficit is
10: The eighth Joint Economic Group dialogue between China and India was held in January 2010 in Beijing, China after a gap of
11: According to the recently released World Bank Report, the Chinese economy grew by the close of fourth quarter of 2009 at the rate of
12: As per the quality of life Index 2010, which was released worldwide in January 2010, the united States occupies the
13: The India-France deal for civil nuclear corporation, which came into force in January 2010, had been signed between the two countries in
14: Wodeyars were the ruler of
15: “Black Pagoda” is in
16: The meeting of the Rajya Sabha are presided over by the
17: Lunar eclipse occurs on
18: Which of the following crops helps in nitrogen fixation?
19: Detroit in the U. S. A. is known as the city of
20: The term “Fourth Estate” refers to
21: SAIL’s plant in Karnataka is situated at
22: At which of the following place Rajiv Gandhi died of human bomb explosion?
23: Who is not the Speaker of the Lok Sabha ever?
24: The Governor General associated with the abolition of slavery was
25: The name of India’s first carrier is
26: The general direct flow of summer monsoon in India is -
27: World No-Tobacco Day is observed on -
28: Which one of the following ecosystems covers the largest area of the earth’s surface?
29: With which game is the Double Fault associated?
30: Where is the oldest oil refinery in India located?
31: The Siwaliks stretch between -
32: Thalassaemia is a hereditary disease affecting -
33: Polythene is industrially prepared by the polymerization of -
34: In cricket the length of pitch between the two wickets is -
35: Which one of the following is not the official language of the United Nations Organisation?
36: Which countries are separated by Mac Mohan Line?
37: Which one of the following is a water soluble vitamin?
38: Among the following who was the Speaker in two Lok Sabhas?
39: ‘Lakshya’ which is part of Indian Defence System is
40: Which one of the following states has only one representatives each in Lok Sabha?
41: Who among the following is known as the guardian of the Public Purse in India?
42: Biological Oxygen demand (BOD) is used as a standard measure of
43: Which of the following Crops is of Kharif Season?
44: Fruit most suitable for making jelly is
45: Who was the first chief Justice of Supreme court of Calcutta?
46: By which of the following Acts were the Commercial Rights of East India Company Abolished?
47: Who Was the founder of All India Muslim League?
48: Vishakhapatnam Steel Plant obtains its iron ore from the mines of
49: The First Finance Commission was constituted in the year
50: Which one of the following Settlements comprised Zamindar as middleman to collect the land revenue?
51: Which of the following was the court language during the reign of Akbar?
52: What were the districts called in the Vijaynagar empire?
53: Which was the first National News Agency of India?
54: The depiction of the stones of the previous lives of Gautama Buddha was first done in the art of
55: The British Parliament can do everything except make a woman a man and a woman a man?To whom is this statement ascribed?
56: Which of the following states did not come into being in 1987?
57: The number of Zonal Councils in India is
58: National Commission for Back ward Classes was established in
59: Indravati Hydroelectric Project is the multipurpose projet of
60: Which sector contributes the maximum share in National income of India?
61: Shankarlal Guru committee was associated With
62: IMF is the result of
63: The Difference between Gross Domestic product and Net Domestic product is
64: First share market in India was established in
65: The acronym STD written on Telephone booth stands for
66: India has signed a landamrk deal for sale of Dhruv Advance Light Helicopters (ALHs) with
67: Humidity is measured by which of the following instrument?
68: Rabindranath Tagore was awarded Noble Prize for his literary work named
69: Which of the following department of Indian Government takes care of education of children with physical disabilities?
70: Amrita Pritam’s work “A Revenue Stamp” is
71: “Nadi Ke Dweep” is the creation of
72: The poetic work “Rashmirathi” was written by
73: “Operation Black Board” refers to providing schools with
74: Transistors used in electronic equipments are mostly made of
75: The disease diphtheria affects
76: Which of the following is the brightest planet as seen from the earth?
77: The Harry Potter series is written by
78: The most common communicable disease is
79: Among the following, the richest source of protein is
80: Taoism is a school of
81: Hydrogen is used instead of Helium to fill balloons for meteorology because
82: The most abundant element in the earth’s crust is
83: Stainless steel is an example of
84: The Non-Cooperation Movement was ultimately withdrawn by Mahatma Gandhi
85: The Preamble of the Constitution after 42nd amendment declares India
86: The International Date Line is the
87: The real executive power under a Parliamentary Government rests with
88: Who among the following was the first Maratha Ruler to get legal recognition from the Mughals?
89: The average solar day is approximately
90: The constellation Sapta-Rishi is known to westerns as the
91: One kilobyte is equal to
92: Which of the following is a cellulose fiber?
93: Which of the following is not an example of Operating System?
94: Which of the following vitamins helps in the absorption of calcium?
95: Dengue fever is spread by
96: Which of the following is not a fundamental right of the Indian citizens?
97: Which supercomputer is developed by the Indian Scientists?
98: Genome is the key to tomorrow’s medical practices because
99: Which of the following is not a missile tested in Indian Missile Programme?
100: Mahatma Gandhi started his struggle against apartheid in
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1: What is called as the “Roof of the World”? 1. Indira Point 2. Kanchenjunga 3. Pamir Knot 4. Indira Col Answer: 3. Pamir knot 2: The illustrious names of Aryabhatta and Varahamihir are associated with the age of the 1. Guptas 2. Kushanas 3. Mauryas 4. Palas Answer: 1. Guptas 3: Who generally acknowledged as the pioneer of local self government in modern India? 1. Ripon 2. Mayo 3. Lytton 4. Curzon Answer: 1. Ripon 4: Which Article of the Constitution of India abolishes untouchability and forbids its practice in any form? 1. Article 16 2. Article 17 3. Article 18 4. Article 15 Answer: 2. Article 17 5: The idea of Pakistan was first conceived by 1. Muhammad Iqbal 2. M. A. Jinnah 3. Shaukat Ali 4. Aga Khan Answer: 1. Muhammad Iqbal 6: Which of the following countries has introduced “Direct Democracy”? 1. Russia 2. India 3. France 4. Switzerland Answer: 4. Switzerland 7: Inflation occurs when aggregate supply is 1. More that aggregate demand 2. Less than aggregate demand 3. Equal to aggregate demand 4. None of the above Answer: 2. More that aggregate demand 8: Which State has the lowest per capita income in India? 1. Bihar 2. Orissa 3. Rajasthan 4. Gujrat Answer: 2. Orissa 9: In the budget figures of the Government of India, fiscal deficit is 1. Total expenditure – total receipts 2. Revenue expenditure – revenue receipts 3. Capital expenditure – capital receipts + market borrowings 4. Sum of budget deficit and Government’s market borrowings and liabilities Answer: 1. Total expenditure – total receipts 10: The eighth Joint Economic Group dialogue between China and India was held in January 2010 in Beijing, China after a gap of 1. two years 2. three years 3. four years 4. five years Answer: 3. four years 11: According to the recently released World Bank Report, the Chinese economy grew by the close of fourth quarter of 2009 at the rate of 1. 9.7 percent 2. 10.7 percent 3. 10.8 percent 4. 11 percent Answer: 2. 10.7 percent 12: As per the quality of life Index 2010, which was released worldwide in January 2010, the united States occupies the 1. Second Place 2. Third Place 3. Fifth Place 4. Seventh Place Answer: 4. Seventh Place 13: The India-France deal for civil nuclear corporation, which came into force in January 2010, had been signed between the two countries in 1. September 2008 2. October 2008 3. November 2008 4. December 2008 Answer: 1. September 2008 14: Wodeyars were the ruler of 1. Princely State of Mysore 2. Princely State of Travancore 3. Vijayanagaram 4. None of these Answer: 1. Princely State of Mysore 15: “Black Pagoda” is in 1. Egypt 2. Srilanka 3. Madurai 4. Konark Answer: 4. Konark 16: The meeting of the Rajya Sabha are presided over by the 1. President 2. Vice President 3. Prime Minister 4. Speaker Answer: 2. Vice President 17: Lunar eclipse occurs on 1. A new moon day 2. A full moon day 3. A half moon day 4. both 1 and 2 Answer: 2. A full moon day 18: Which of the following crops helps in nitrogen fixation? 1. Rice 2. Wheat 3. Beans 4. Maize Answer: 3. Beans 19: Detroit in the U. S. A. is known as the city of 1. Motor Car 2. Lights 3. Aeroplanes 4. Rockets Answer: 1. Motor Car 20: The term “Fourth Estate” refers to 1. Backward States 2. Judiciary 3. Press 4. Tea Estate Answer: 3. Press 21: SAIL’s plant in Karnataka is situated at 1. Bangalore 2. Bhadravati 3. Belgaum 4. Hubli Answer: 2. Bhadravati 22: At which of the following place Rajiv Gandhi died of human bomb explosion? 1. New Delhi 2. Chennai 3. Sriperumbudur 4. Colombo Answer: 3. Sriperumbudur 23: Who is not the Speaker of the Lok Sabha ever? 1. Somnath Chatterjee 2. P. A. Sangma 3. Meira Kumar 4. Sushma Swaraj Answer: 4. Sushma Swaraj 24: The Governor General associated with the abolition of slavery was 1. Cornwallis 2. Bentinck 3. Dalhousie 4. Rippon Answer: 2. Bentinck 25: The name of India’s first carrier is 1. INS Vikrant 2. INS Nilgiri 3. INS Kukri 4. INS Himgiri Answer: 1. INS Vikrant 26: The general direct flow of summer monsoon in India is - 1. From South to North 2. From South West to South East 3. From South East to South West 4. From South West to North East Answer: 2 From South West to South East 27: World No-Tobacco Day is observed on - 1. May 25 2. May 31 3. May28 4. May 24 Answer: 2. May 31 28: Which one of the following ecosystems covers the largest area of the earth’s surface? 1. Desert Ecosystem 2. Grassland Ecosystem 3. Mountain Ecosystem 4. Marine Ecosystem Answer: 4. Marine Ecosystem 29: With which game is the Double Fault associated? 1. Lawn Tennis 2. Football 3. Cricket 4. Hockey Answer: 2. Football 30: Where is the oldest oil refinery in India located? 1. Digboi 2. Cochin 3. Mathura 4. Guwahati Answer: 1. Digboi 31: The Siwaliks stretch between - 1. Indus and Sutlaj 2. Potwar basin and Teesta 3. Sutlaj and Kali 4. None of these Answer: 2. Potwar basin and Teesta 32: Thalassaemia is a hereditary disease affecting - 1. Blood 2. Lungs 3. Heart 4. Kidney Answer: 1. Blood 33: Polythene is industrially prepared by the polymerization of - 1. Methane 2. Styrene 3. Acetylene 4. Ethylene Answer: 4. Ethylene 34: In cricket the length of pitch between the two wickets is - 1. 24 yards 2. 23 yards 3. 22 yards 4. 21 yards Answer: 3. 22 yards 35: Which one of the following is not the official language of the United Nations Organisation? 1. Arabic 2. Chinese 3. Portuguese 4. Spanish Answer: 3. Portuguese 36: Which countries are separated by Mac Mohan Line? 1. India and Pakistan 2. China and Tibet 3. India and China 4. India and Bangladesh Answer: 3. India and China 37: Which one of the following is a water soluble vitamin? 1. Vitamin A 2. Vitamin C 3. Vitamin D 4. Vitamin K Answer: 2. Vitamin C 38: Among the following who was the Speaker in two Lok Sabhas? 1. Rabi Ray 2. Shivraj Patil 3. P. A. Sangma 4. G. M. C Balyogi Answer: 4. G. M. C Balyogi 39: ‘Lakshya’ which is part of Indian Defence System is 1. Surface of air missile 2. Missile Firing Submarine 3. multi Barrel rocket System 4. Pilot-less target aircraft Answer: 4. Pilot-less target aircraft 40: Which one of the following states has only one representatives each in Lok Sabha? 1. Manipur, Meghalaya 2. Himachal Pradesh and Jammu Kashmir 3. Arunachal Pradesh and Tripura 4. Mizoram and Nagaland Answer: 4. Mizoram and Nagaland 41: Who among the following is known as the guardian of the Public Purse in India? 1. The Comptroller and Auditor General of India 2. The President 3. The Minister of Finance 4. The parliament Answer: 1. The Comptroller and Auditor General of India 42: Biological Oxygen demand (BOD) is used as a standard measure of 1. Oxygen level in forest System 2. Oxygen level in animals 3. Oxygen level in water system 4. Oxygen level in atmosphere Answer: 3. Oxygen level in water system 43: Which of the following Crops is of Kharif Season? 1. Soyabean 2. Linseed 3. lentil 4. Mustard Answer: 1. Soyabean 44: Fruit most suitable for making jelly is 1. Papaya 2. Karunda 3. Mango 4. Banana Answer: 3. Mango 45: Who was the first chief Justice of Supreme court of Calcutta? 1. Hyde 2. Elijah Impey 3. Lemaistre 4. Monson Answer: 2. Elijah Impey 46: By which of the following Acts were the Commercial Rights of East India Company Abolished? 1. Regulating Act of 1773 2. Charter Act of 1813 3. Charter Act of 1833 4. Charter Act of 1853 Answer: 3. Charter Act of 1833 47: Who Was the founder of All India Muslim League? 1. Sir Syed Ahmad Khan 2. Nawab Saleem Ullah Khan 3. Liyaqat Ali Khan 4. Mohammad Ali Jinnah Answer: 2. Nawab Saleem Ullah Khan 48: Vishakhapatnam Steel Plant obtains its iron ore from the mines of 1. Bababudan 2. Bailadila 3. Dalli-Rajhra 4. Gurumahisaini Answer: 1. Bababudan 49: The First Finance Commission was constituted in the year 1. 1956 2. 1953 3. 1952 4. 1951 Answer: 4. 1951 50: Which one of the following Settlements comprised Zamindar as middleman to collect the land revenue? 1. Mahalwari Settlement 2. Ryotwari Settlement 3. Permanent Settlement 4. None of the above Answer: 3. Permanent Settlement 51: Which of the following was the court language during the reign of Akbar? 1. Hindi 2. Urdu 3. Persian 4. Arabic Answer: 3. Persian 52: What were the districts called in the Vijaynagar empire? 1. Nadu 2. Khurram 3. Kottam 4. Janpad Answer: 3. Kottam 53: Which was the first National News Agency of India? 1. The Indian Review 2. The Free Press of India 3. The Associated Press of India 4. None of the above Answer: 3. The Associated Press of India 54: The depiction of the stones of the previous lives of Gautama Buddha was first done in the art of 1. Sarnath Pillar of Asoka 2. Bharhut Stupa 3. Ajanta Caves 4. Eilora Caves Answer: 2. Bharhut Stupa 55: The British Parliament can do everything except make a woman a man and a woman a man?To whom is this statement ascribed? 1. Dicey 2. Hegal 3. De Lolme 4. none of above Answer: 3. De Lolme 56: Which of the following states did not come into being in 1987? 1. Mizoram 2. Arunachal Pradesh 3. Goa 4. Manipur Answer: 4. Manipur 57: The number of Zonal Councils in India is 1. Five 2. Four 3. Seven 4. Eight Answer: 1. Five 58: National Commission for Back ward Classes was established in 1. 1994 2. 1993 3. 1995 4. 1999 Answer: 2. 1993 59: Indravati Hydroelectric Project is the multipurpose projet of 1. Maharashtra state 2. Gujarat state 3. Orissa State 4. Tamil Nadu state Answer: 3. Orissa State 60: Which sector contributes the maximum share in National income of India? 1. Primary 2. Secondary 3. Tertiary 4. All the above have equal share Answer: 3. Tertiary 61: Shankarlal Guru committee was associated With 1. Agricultural Marketing 2. Agricultural production 3. Public Distribution System 4. None of above Answer: 1. Agricultural Marketing 62: IMF is the result of 1. Hawana Conference 2. Rome Conference 3. Brettonwood Conference 4. Geneva Conference Answer: 3. Brettonwood Conference 63: The Difference between Gross Domestic product and Net Domestic product is 1. Government Revenue 2. Net Indirect Tax (Indirect Tax Subsidy) 3. Consumption of fixed Capital 4. Net Capital Formation Answer: 4. Net Capital Formation 64: First share market in India was established in 1. Delhi 2. Mumbai 3. Kolkata 4. chennai Answer: 2. Mumbai 65: The acronym STD written on Telephone booth stands for 1. Straight Telephone Dial 2. Switch Telephone Dial 3. Subscriber Telephone Dialing 4. Save Telephone Dialing Answer: 3. Subscriber Telephone Dialing 66: India has signed a landamrk deal for sale of Dhruv Advance Light Helicopters (ALHs) with 1. Venezuela 2. Peru 3. Ecuador 4. Chile Answer: 3. Ecuador 67: Humidity is measured by which of the following instrument? 1. Barometer 2. Thermometer 3. Hygrometer 4. Hydrometer Answer: 3. Hygrometer 68: Rabindranath Tagore was awarded Noble Prize for his literary work named 1. Geetanjali 2. Rajtarangini 3. Chokher Bali 4. Kapal Kundala Answer: 1. Geetanjali 69: Which of the following department of Indian Government takes care of education of children with physical disabilities? 1. Ministry of Welfare 2. Ministry of Sports 3. Ministry of HRD 4. Ministry of Rural Development Answer: 1. Ministry of Welfare 70: Amrita Pritam’s work “A Revenue Stamp” is 1. A book of stories 2. A novel 3. A biography 4. An autobiography Answer: 4. An autobiography 71: “Nadi Ke Dweep” is the creation of 1. Nirmala Verma 2. Krishna Sobit 3. Gajanan Madhav Muktibodh 4. Sachidananda Heeranand Vatsyayan Agyeya Answer: 4. Sachidananda Heeranand Vatsyayan Agyeya 72: The poetic work “Rashmirathi” was written by 1. Maithilisharan Gupt 2. Mahadevi Verma 3. Ramdhari Singh Dinkar 4. Surya Kant Tripathi Nirala Answer: 3. Ramdhari Singh Dinkar 73: “Operation Black Board” refers to providing schools with 1. Enough number of black boards 2. New type of black boards 3. Training for using new type of black boards 4. All essential learning materials. Answer: 4. Training for using new type of black boards 74: Transistors used in electronic equipments are mostly made of 1. Silver 2. Copper 3. Silicon 4. Carbon Answer: 3. Silicon 75: The disease diphtheria affects 1. Lungs 2. Intestine 3. Throat 4. Body joints Answer: 3. Throat 76: Which of the following is the brightest planet as seen from the earth? 1. Mercury 2. Uranus 3. Venus 4. Mars Answer: 3. Venus 77: The Harry Potter series is written by 1. K K Rowling 2. K J Rowling 3. J K Rowling 4. A K Rowling Answer: 3. J K Rowling 78: The most common communicable disease is 1. Influenza 2. Typhoid 3. Cholera 4. Polio Answer: 1. Influenza 79: Among the following, the richest source of protein is 1. Ground Nut 2. Rice 3. Potato 4. Apple Answer: 1. Ground Nut 80: Taoism is a school of 1. Chinese philosophy 2. Japanese philosophy 3. Buddhist philosophy 4. Sri Lankan philosophy Answer: 1. Chinese Philosophy 81: Hydrogen is used instead of Helium to fill balloons for meteorology because 1. of its low density 2. It is not very reactive under normal conditions 3. It is almost insoluble in water 4. It can be prepared easily Answer: 1. of its low density 82: The most abundant element in the earth’s crust is 1. Silicon 2. Aluminium 3. Nitrogen 4. Oxygen Answer: 4. Oxygen 83: Stainless steel is an example of 1. A metallic compound 2. A homogeneous mixture 3. A heterogeneous mixture 4. An inorganic compound Answer: 1. A metallic compound 84: The Non-Cooperation Movement was ultimately withdrawn by Mahatma Gandhi 1. On the directions of the Party 2. On account of amicable settlement with the British 3. On account of violent incidents at Chauri-Chaura 4. On account of excessive repression by the Government Answer: 3. On account of violent incidents at Chauri-Chaura 85: The Preamble of the Constitution after 42nd amendment declares India 1. Sovereign Socialist Secular Democratic Republic 2. Sovereign Democratic Republic 3. Federal Democratic Republic 4. Federal Socialist Democratic Republic Answer: 1. Sovereign Socialist Secular Democratic Republic 86: The International Date Line is the 1. Equator 2. 0° Longitude 3. 88° East Longitude 4. 180° Longitude Answer: 4. 180° Longitude 87: The real executive power under a Parliamentary Government rests with 1. The Parliament 2. The King 3. The Council of Ministers 4. The Civil Servants Answer: 3. The Council of Ministers 88: Who among the following was the first Maratha Ruler to get legal recognition from the Mughals? 1. Sahuji 2. Shivaji 3. Balaji Baji Rao 4. Sambhaji Answer: 1. Sahuji 89: The average solar day is approximately 1. 24 hrs 2. 24 hrs 15 minutes 3. 24 hrs 52 minutes 4. 24 hrs 15 Second Answer: 1. 24 hrs 90: The constellation Sapta-Rishi is known to westerns as the 1. Seven Monks 2. Alpha Centauri 3. Big Dipper 4. Small Bear Answer: 3. Big Dipper 91: One kilobyte is equal to 1. 1000 bytes 2. 1024 bytes 3. 100 bytes 4. 1023 bytes Answer: 2. 1024 bytes 92: Which of the following is a cellulose fiber? 1. Cotton 2. Wool 3. Rayon 4. Polyester Answer: 1. Cotton 93: Which of the following is not an example of Operating System? 1. Windows 98 2. BSD Unix 3. Microsoft Office XP 4. Red Hat Linux Answer: 3. Microsoft Office XP 94: Which of the following vitamins helps in the absorption of calcium? 1. Vitamin A 2. Vitamin B 3. Vitamin C 4. Vitamin D Answer: 4. Vitamin D 95: Dengue fever is spread by 1. Aedes aegypti mosquito 2. Common House flies 3. Anophilies mosquito 4. Rodent like rats and squirrels Answer: 1. Aedes aegypti mosquito 96: Which of the following is not a fundamental right of the Indian citizens? 1. Right to property 2. Right to freedom of expression 3. Right to vote 4. Right to remain silence Answer: 1. Right to property 97: Which supercomputer is developed by the Indian Scientists? 1. Param 2. Super 301 3. Compaq Presario 4. CRAY YMP Answer: 1. Param 98: Genome is the key to tomorrow’s medical practices because 1. It unleashes an information revolution 2. It provides a new outlook into medicine 3. It is a new way of making drugs 4. It can enable customized medicines. Answer: 2. it provides a new outlook into medicine 99: Which of the following is not a missile tested in Indian Missile Programme? 1. Agni 2. Trishul 3. Prithvi 4. Arjun Answer: 4. Arjun |
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