SOCIO ECONOMIC DEVELOPMENTS MCQs

1. A major Financial Newspaper while writing about the present status of economy in India wrote “the outlook in the agricultural sector gives room for optimism”. What does it really mean ?
[Pick up most appropriate statement(s)]
1. Agricultural Sector which was not playing any significant role in Indian economy is now growing very fast and significantly.
2. Agricultural sector is not going to play any major role in economy as its progress is still very slow.
3. Govt. will not require to provide any boost up package to agricultural sector as it is likely to be satisfactory this year.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Either 1 or 3
(E) None of these

2. While addressing a conference of Bankers and top Industrialists, the Prime Minister made a statement that “Domestic Credit Flow for Productive Needs had to be maintained at a reasonable Cost”. What does it really mean ?
(Pick up the most appropriate statements).
1. Banks should further raise their deposit base and provide very low cost credit to Industry which is badly in need of the same.
2. Banks should neither reduce their lending rates further nor increase the rates on deposits as this may create a critical imbalance in the financial/money market of the country.
3. Banks should see that ample credit is provided to the industries at an affordable cost without diluting the credit norms.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2 only
(E) None of these

3. Which of the following taxes is not levied by the Union Govt. ?
(A) Customs
(B) Corporate Tax
(C) Land Revenue
(D) Income Tax
(E) Surcharge on Income Tax

4. Service Tax was introduced in India for the first time in the year ……….
(A) 1990-91
(B) 1991-92
(C) 1994-95
(D) 1980-81
(E) 2000-01

5. The Govt. of India allowed the Income Tax Department to set up its centralized IT processing centre in ……….
(A) Bangalore
(B) Chennai
(C) Mumbai
(D) Kolkata
(E) Hyderabad

6. As per news reports MTNL launched it “3G Services” and became the first telecom operator to launch the same in India. What is the full form of ‘G’ in 3G ?
(A) Global
(B) Generation
(C) Growth
(D) Gravity
(E) None of these

7. We very frequently read about the activities of the Foreign Exchange Market in newspapers/magazines. Which of the following is/are the major functions of the same ?
1. Transfer of purchasing power from domestic to foreign market.
2. Providing credit for financing foreign trade.
3. Power to purchase gold from foreign countries as most of the nations still work on Gold Standards.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2 only
(E) Both 2 and 3 only

8. Which of the following is/are the components of the Fiscal Deficit ?
1. Budgetary Deficit
2. Market Borrowings
3. Expenditure made from Pradhan Mantri Rahat Kosh
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these

9. Which of the following is not a Welfare scheme launched by the Govt. of India ?
(A) Village Grain Bank Scheme
(B) Sampoorna Gramin Rozgar Yojana
(C) Annapurna Scheme
(D) Midday Meal Scheme
(E) Bharat Nirman Yojana

10. Which of the following are the instruments of Credit Control in the hands of the RBI ?
1. Lowering or raising the discount and interest rates.
2. Raising the minimum support price of the major agro products.
3. Lowering or raising the minimum cash reserves maintained by the commercial banks.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 3 only
(E) Both 2 and 3 only

11. Which of the following programmes was launched to further improve the facilities of irrigation in rural India ?
(A) National Social Assistance programme
(B) Construction of Kiosks for poor
(C) Sampoorna Grameen Rozgar Yojana
(D) Annapurna Scheme
(E) National Watershed Development Programme

12. Which of the following bodies is responsible for the distribution of revenues between the Centre and the States?
a) Planning Commission
b) Finance
c) Inter-State Council
d) National Development Council

13. How far does the Exclusive Economic Zone of a country extend from its coast?
a) 120 km
b) 220 km.
c) 320 km.
d) 420 km.

14. Which of the following agencies recently laid down guidelines for foreign companies who wish to raise money from the Indian Capital Markets?
(1) RBI
(2) IRDA
(3) Registrar of Companies
(4) SEBI
(5) None of these

15. More and more banks in India these days are setting up their ATMs and discourage people to visit their branches for transaction.
Which of the following is/are the limitation(s) of the ATMs which force people to go to branch for transactions?
(A) Lack of human interface
(B) Communication gap
(C) Limited cash dispensing ability
(1) Only (A) (2) Only (B)
(3) Only (C) (4) (A) and (B)
(5) (A), (B) and (C)

16. Which of the following is NOT one of the core areas identified under the Bharat Nirman Programme?
(1) Irrigation
(2) Rural electrification
(3) Drinking water supply
(4) Computer Education in schools
(5) None of these

17. The Basel II Accord for Banking Industry is based on three pillars. Which of the following is/are NOT included in the same?
(A) Minimum Capital Requirement
(B) Supervisory Review
(C) Market Discipline
(D) Credit Risk
(1) Only (A)
(2) Both (A) and (C)
(3) Only (D)
(4) (A), (B) and (C)
(5) None of these

18. ‘Sheqel’ is the currency of:
(1) Israel
(2) Kenya
(3) Iraq
(4) Iran
(5) None of these

19. Which of the following countries has largest stock of foreign exchange reserves in the world?
(1) USA
(2) China
(3) Japan
(4) India
(5) None of these

20. As per the reports published in the newspapers which of the following countries is first in production of Gold Jewellery?
(1) China
(2) India
(3) Turkey
(4) Italy
(5) None of these

21. Golden revolution refers to the development of—
(1) Oilseeds
(2) Pulses
(3) Horticulture
(4) Cereals
(5) Fodder

22. Commission for Agricultural Costs and Prices (CACP) recommends—
(1) Comfort Price
(2) State Advised Price
(3) Minimum Support Price
(4) Minimum Export Price
(5) Statutory Minimum Price

23. National Agricultural Cooperative Marketing Federation is known as—
(1) NIAM
(2) NAFED
(3) MARKFED
(4) NACMF
(5) NACOM

24. Which insect is known as farmers' enemy No.1?
(1) Bollworm
(2) Desert locust
(3) Aphids
(4) Stem borer
(5) Fruit fly

25. Which of the following statements are true about the Foreign Trade Policy 2009-14?
A. The new Foreign Trade Policy, coming in the backdrop of a 30 per cent contraction in exports in the last 10 months, seeks to identify 26 new markets for trade that would be eligible for sops. These include 16 in Latin America and 10 in Asia and Oceania.
B. At present, India's $ 168-b exports are highly concentrated in Europe (36 per cent), the US (18 per cent and Japan (16 per cent), and these are the worst hit by the biggest financial crisis since the 1930s.
C The new policy has sought to give special focus to help the gems and jewellery sector, one of the worst hit, by allowing duty drawback on exports. The handloom and handicrafts sector would be helped under the Market Development Scheme, while the government also announced the continuation of the DEPB scheme till December 2010.
D. These export-oriented units would be encouraged to look for new markets and they could be given incentives and tax sops to create a new basket of exports. In the short-term, the relief measures Include providing dollar credit to exporters that will be overseen by a high-level committee, comprising
Finance Secretary, Commerce Secretary, and the Indian Banks Association, to insulate the small-and medium-scale exporters
l) OnlyA,B&C
2)OnlyB,C&D
3)OnlyC&D
4) Only A, C & D
5) All the above

26. Which of the following is decided by commercial banks? .
1) Bank rate
2)CRR
3) SLR
4)BPLR
5) None of these

27. The Reserve Bank of India, which made third-party ATM transactions free from April, 2010 said not more than Rs 10,000 can be withdrawn each time they are used and limited the number of such transactions to _ _ a month.
1)2
2)5
3)10
4)15
5) None of these .

28. Which of the following is not a Navaratna (PSU) company?
a) Air India
b) BHEL
c) GAIL
d) IOC
e) Power Finance Corporation Ltd.

29. What is the expansion of BEE?
a) Bureau of Energy Efficiency
b) Bureau of Efficient Engineers
c) Bureau of Employess Efficiency
d) Bureau of Employers’ Efficiency
e) None of these.

30. A per the news published in the major financial newspapers/journals/magazines, India’s exports and imports both have come down in the last few years. Which of the following is/are the probable reason(s) for the same?
A) As per the new policy of the WTO, India can import only those commodities, which are not grown/produced in the country in adequate quantity/volume to meet its total demand. Commodities, which India needs to import, are very few. Hence import has gone down.
B) Since all the countries are required to pay for their imports partly by exporting some goods in exchange to other countries, exports from India have gone down.
C) This slowdown in imports/exports is only because there is a global economic crisis. This is why India’s exports and imports both have come down.
a) Only A
b) Only C
c) Only B
d) All A, B & C
e) None of these

31. The Economic and Social Commission for Asia and Pacific in one of its recently published reports has said some positive things about India’s economic resilience. What are these points? (The report was published in various newspapers/journals).
A) India has played the role of a sheet anchor behind the economic stability of the South Asian region.
B) India is helping other economies or the region to fight the global financial crisis better than some other more open economies of Asia Pacific Region.
C) India is likely to become the second largest economy of the world in the next five years, as it has been the most favourite destination for Foreign Direct Investment for almost 90% of the countries of the World.
a) Only A
b) Only B
c) Both A & B
d) All A, B & C
e) None of these

32. Which of the following schemes was launched to give a boost and incentives to increase public investment to achieve 4% growth in the area of agriculture and allied sectors during the 11th plan period?
a) National Technological Mission
b) National Bamboo Mission
c) Rashtriya Krishi Bima Yojana
d) National Rural Employment Guarantee Scheme
e) Rashtriya Krishi Vikas Yojana

33. Which of the following statements is/are correct about the Sampoorna Grameen Rozgar Yojana?
A) The scheme was launched in 2001 by merging some of the schemes running that time.
B) In this scheme preference is given to Below Poverty Line families for the jobs.
C) The wages under the scheme are paid partly in cash and partly by giving foodgrains.
a) Only A
b) Only B
c) Only C
d) All A, B & C
e) None of these

34. Which of the following Acts help(s) Union Govt control its fiscal deficit?
a) Finance Act
b) Fiscal Responsibility and Budget Management Act
c) Banking Companies Act
d) Both (1) and (2)
e) None of these

35. Which of the following housing schemes was/were launched by HUDCO to give special emphasis on the development of rural areas of the country?
A) Indira Awas Yojana
B) Adarsh Gram/Adarsh Basti Yojana
C) Pradhan Mantri Gram Sadak Yojana
a) Only A
b) Only B
c) Only C
d) All A, B & C
e) None of these

36. Many a time we read in financial newspapers about Public Debt. Which of the following is / are the components of Public Debt?
A) Market loans
B) External loans
C) Outstanding against saving schemes/provident funds.
a) Only A
b) Only B
c) Both A & B
d) Only C
e) All A, B & C

37. As agriculture is the mainstay of the Indian Economy, what is the contribution of agriculture and allied sectors in the total Gross Domestic Product of India? About.
a) 10%
b) 15%
c) 22%
d) 36%
e) 48%

38. As we know, the National Rural Employment Guarantee Act was implemented by Govt. of India. Now Govt has made certain changes in the Act so that it can boost up its policy of Financial Inclusion of the beneficiaries. Which of the following changes is/are done for this purpose?
A) NREGA functionaries are being trained to conduct social audits and public disclosure of the works undertaken by State Govts and Panchayats.
B) Workers who are engaged for various jobs under the scheme are paid their wages through post office and/or bank accounts.
C) Wages paid to the beneficiaries are revised and it is strengthening their livelihood resources.
a) Only A
b) Only B
c) Only C
d) All A, B & C
e) None of these

39. Which of the following is/are the major roles of the Union Ministry of Environment and Forests?
A) Prevention and control of pollution B) Ensuring the welfare of animals
C) Afforestation and regeneration of degraded area
a) Only A
b) Only B
c) Only C
d) All A, B&C
e) None of these

40. Which of the following schemes is NOT a part of National Social Assistance programme?
A) National Old Age Pension Scheme B) National Family Benefit Scheme
C) Services for the Poor programme
a) Only A b) Only B
c) Both A & B
d) Both B & C
e) None of these

41. How many banks were nationalized in 1969?
(1) 16
(2) 14
(3) 15
(4) 20
(5) None of these.

42. The Reserve Bank of India was established in :
(1) 1820
(2) 1920
(3) 1935
(4) 1940
(5) None of these.

43. The first Indian Bank was :
(1) Traders Bank
(2) Imperial Bank
(3) Presidency Bank of Calcutta
(4) Indian Bank
(5) None of these.

44. The rupee coin was first minted in India in :
(1) 1542
(2) 1601
(3) 1809
(4) 1677
(5) None of these.

45. The Export-Import (EXIM) Bank was set up in :
(1) 1980
(2) 1982
(3) 1981
(4) 1989
(5) None of these.

46. Planning Commission is :
(1) Advisory body
(2) Executive body
(3) Government body
(4) Autonomous body
(5) None of these.

47. The Community Development Programme was launched in :
(1) 1950
(2) 1952
(3) 1956
(4) 1960
(5) None of these.

48. The highest body which approves the Five-Year Plan is the :
(1) Finance Ministry
(2) Lok Sabha
(3) Rajya Sabha
(4) National Development Council
(5) None of these.

49. Which of the following commodities earn maximum foreign exchange for India?
(1) Jute
(2) Iron and Steel
(3) Tea
(4) Sugar
(5) None of these

50. The one rupee note bears the signature of :
(1) Secretary, Ministry of Finance
(2) Governor, Reserve Bank of India
(3) Finance Minister
(4) Prime Minister
(5) None of these.


ANSWERS:
1. (C) 2. (C) 3. (C) 4. (C) 5. (A) 6. (B) 7. (D) 8. (A) 9. (E) 10. (C)

11. (E) 12. (B) 13. (D) 14. (1) 15. (3) 16. (4) 17. (4) 18. (1) 19. (2) 20. (2)

21. (3) 22. (3) 23. (2) 24. (3) 25. (5) 26. (4) 27. (2) 28. (A) 29. (C) 30. (B)

31. (A) 32. (E) 33. (D) 34. (B) 35. (A) 36. (C) 37. (B) 38. (D) 39. (D) 40. (E)

41. (2) 42. (3) 43. (3) 44. (1) 45. (2) 46. (1) 47. (2) 48. (4) 49. (3) 50. (1)

IBPS GENERAL AWARENESS QUESTIONS

1. The Central Government in June 2011 declared the Kawal Wildlife Sanctuary in Andhra Pradesh a tiger reserve. It is
(A) 32nd tiger reserve
(B) 34th tiger reserve
(C) 40th tiger reserve
(D) 42nd tiger reserve
Ans : (D)

2. The premier rating agency, "Standard & Poor's", downgraded the US credit ratings from AAA in August 2011, which had been enjoyed by the US since
(A) 1910
(B) 1917
(C) 1927
(D) 1942
Ans : (B)

3. As per figures presented by National Rural Health Mission in August 2011, to meet the UN Infant Mortality Rate targets for 2012, India will need another
(A) 4 years
(B) 8 years
(C) 12 years
(D) 15 years
Ans : (C)


4. The Government of India gave in principle approval to strengthening of the Line of Actual Control (LAC) demarcating China-India border. The LAC is
(A) 2,000-km long
(B) 2,057-km long
(C) 3,057-km long
(D) 4,057-km long
Ans : (D)

5. "India: A Portrait" has been written by
(A) Khuswant Singh
(B) Kuldip Nayar
(C) Patrick French
(D) J.M. Keynes
Ans : (C)

6. In which one of the following is a great dark plain called "Maria" found ?
(A) Earth
(B) Mars
(C) Jupiter
(D) Moon
Ans : (D)

7. Which among the following elements (metals) pollutes the air of a city having large number of automobiles ?
(A) Cadmium
(B) Lead
(C) Chromium
(D) Nickel
Ans : (B)

8. The international airport in Tamil Nadu is
(A) Palam
(B) Dum Dum
(C) Santa Cruz
(D) Meenambakkam
Ans : (D)

9. The 'Cannes Award' is given for excellence in which of the following fields ?
(A) Literature
(B) Films
(C) Journalism
(D) Economics
Ans : (B)

10. The term 'Tee' is connected with
(A) Polo
(B) Golf
(C) Bridge
(D) Billiards
Ans : (B)

11. Norman Ernest Borlaug, who is regarded as the father of the Green Revolution in India, is from which country ?
(A) USA
(B) Mexico
(C) Australia
(D) New Zealand
Ans : (A)

12. Which one of the following cities is nearest to the equator ?
(A) Colombo
(B) Jakarta
(C) Manila
(D) Singapore
Ans : (D)

13. Who among the following rejected the title of Knighthood and refused to accept a position in the Council of the Secretary of State for India ?
(A) Moti Lal Nehru
(B) M.G. Ranade
(C) G. K Gokhale
(D) B. G. Tilak
Ans : (C)

14. During the time of which Mughal Emperor did the English East India Company establish its first factory in India ?
(A) Akbar
(B) Jahangir
(C) Shahjahan
(D) Aurangzeb
Ans : (B)

15. Which one of the following suggested the reconstitution of the Viceroy's Executive Council in which all the portfolios including that of War Members were to be held by the Indian leaders ?
(A) Simon Commission
(B) Simla Conference
(C) Cripps Proposal
(D) Cabinet Mission
Ans : (C)

16. Which one of the following is a spacecraft ?
(A) Apophis
(B) Cassini
(C) Spitzer
(D) TecSar
Ans : (B)

17. Which one of the following is also called Stranger Gas ?
(A) Argon
(B) Neon
(C) Xenon
(D) Nitrous oxide
Ans : (C)

18. In the context of the Indian defence, what is 'Dhruv' ?
(A) Aircraft-carrying warship
(B) Missile-carrying submarine
(C) Advanced light helicopter
(D) Intercontinental ballistic missile
Ans : (C)

19. Elizabeth Hawley is well-known for her writings relating to which one of the following ?
(A) Historical monuments in India
(B) Regional dances in India
(C) Himalayan expeditions
(D) Wildlife in India
Ans : (C)

20. The name of the first cloned sheep was
(A) Jolly
(B) Dolly.
(C) Roly
(D) Molly
Ans : (B)

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

22. Which of the following awards is given for excellence in the field of sports ?
(A) Kalidas Samman
(B) Dhyanchand Award
(C) Shram Vir Award
(D) Shanu Swarup Bhatnagar Award
Ans : (B)

23. Heavy Water is normally used by which of the following industries ?
(A) Nuclear Power generation pi
(B) Pharma Industry
(C) Paper Industry
(D) Sugar plants
Ans : (A)

24. Which one of the following sites of the Indus Valley Civilisation had an ancient dockyard ?
(A) Kalibangan
(B) Lothal
(C) Rangpur
(D) Harappa
Ans : (B)

25. Who amongst the following is author of the book 'Namesake' ?
(A) Vikram Seth
(B) Jhumpa Lahiri
(C) Kiran Desai
(D) Shobha De
Ans : (B)

BANK EXAMS GENERAL AWARENESS MCQs

1. Which British writer was awarded the 2011 Man Booker Prize for his book "The Sense of an Ending"?
1) Stephen Kelman
2) A.D.Miller
3) Carol Birch
4) Julian Barnes
5) Howard Jacobson

2. Helle Thorning-Schmidt is the first woman Prime Minister of which of the following European countries?
1) Denmark
2) Finland
3) Iceland
4) Norway
5) Sweden

3. The Rural Infrastructure Develo-pment Fund (RIDF) was set up by the Government in 1995-96 for financing rural infrastructure projects. Which of the following institutions/ agencies operates this fund?
1) RBI
2) NABARD
3) IFCI
4) SBI
5) IDBI Bank

4. What is the foreign direct investment (FDI) limit in private sector banks?
1) 26%
2) 49%
3) 51%
4) 74%
5) 100%

5. The 60th anniversary of the Miss Universe pageant was held in Sao Paulo, Brazil in September 2011. Who was crowned the Miss Universe 2011?
1) Leila Lopes (Angola)
2) Olesya Stefanko (Ukraine)
3) Priscila Machado (Brazil)
4) Shamcey Supsup (Philippines)
5) Vasuki Sunkavalli (India)

6. B.C.Khanduri of the Bharatiya Janata Party was sworn in as the Chief Minister of which of the following states in September 2011?
1) Uttar Pradesh
2) Karnataka
3) Haryana
4) Uttarakhand
5) Chhattisgarh

7. Who became the first cricketer to play in 100 Test wins on September 3, 2011?
1) Rahul Dravid
2) Sachin Tendulkar
3) Ricky Ponting
4) Shane Warne
5) Kumar Sangakkara

8. The India International Bank (Malaysia) is a trio joint venture between Bank of Baroda, Indian Overseas Bank and ________.
1) Bank of India
2) Indian Bank
3) Andhra Bank
4) Canara Bank
5) Vijaya Bank

9. Who is the author of the book "Walking with the Comrades"?
1) Jyothi Basu
2) Arundhati Roy
3) Kamala Das
4) Aravind Adiga
5) None of these

10. The board of which of the following banks has approved the merger of the financial services of Enam Securities Private Ltd. with itself in September 2011?
1) Axis Bank
2) ICICI Bank
3) HDFC Bank
4) Yes Bank
5) None of these

11. Who replaced Shashank Mano-har as the President of the Board of Control for Cricket in India (BCCI) in September 2011?
1) K.Srikkanth
2) N.Srinivasan
3) Rajiv Shukla
4) Sharad Pawar
5) Mohinder Amarnath

12. Which country tops the list of nations for having the maximum representation of women in Parliament?
1) India
2) Switzerland
3) Rwanda
4) Denmark
5) New Zealand

13. Which Indian software firm has become the official technology partner of the Amsterdam Marathon for a period of five years, from 2011 to 2015?
1) Infosys
2) Mahindra Satyam
3) Wipro
4) TCS
5) None of these

14. Which football player has won the inaugural UEFA Best Player in Europe award for the 2010-2011 season?
1) Kaka
2) Xavi Hernandez
3) Lionel Messi
4) Cristiano Ronaldo
5) None of these

15. Who topped the list of 100 most powerful women in the world for the year 2011 released by the Forbes magazine recently?
1) Angela Merkel
2) Hillary Clinton
3) Dilma Rousseff
4) Indra Nooyi
5) Sheryl Sandberg

16. Which film has won the Nargis Dutt Award for the Best Feature Film on National Integration in the 58th National Film Awards?
1) Do Dooni Chaar
2) Dabangg
3) Moner Manush
4) Champions
5) Aadukalam

17. A working group constituted by the Reserve Bank of India has submitted its report on non-banking finance companies (NBFCs). Who headed this committee?
1) Y.V.Reddy
2) Bimal Jalan
3) Subir Gokarn
4) Usha Thorat
5) Shyamala Gopinath

18. Burhanuddin Rabbani was assassinated recently. He was the former President of which of the following countries?
1) Pakistan
2) Syria
3) Afghanistan
4) Libya
5) Iraq

19. The United Nations Conference on Trade and Development (UNCTAD) has released its "Trade and Development Report 2011". According to this report what is the projected economic growth rate for India in 2011?
1) 9%
2) 8.1%
3) 8.8%
4) 9.2%
5) None of these

20. Who became Japan's sixth Prime Minister in five years in September 2011?
1) Yukia Amano
2) Yukiya Hatoyama
3) Akihito
4) Yoshihiko Noda
5) None of these

21. India won the inaugural Asian Champions Trophy hockey tournament held in Ordos, China in September 2011.Which country did India defeat in the final?
1) Pakistan
2) Malaysia
3) Japan
4) South Korea
5) China

22. Novak Djokovic of Serbia won his first US Open tennis championship and third Grand Slam tou-rnament of the year in September 2011. Whom did he defeat in the US Open men's final?
1) Roger Federer
2) Andy Roddick
3) Rafael Nadal
4) Andy Murray
5) Robin Soderling

23. Who has won the women's US Open tennis title in September 2011?
1) Samantha Stosur
2) Serena Williams
3) Kim Clijsters
4) Petra Kvitova
5) Venus Williams

24. Steve Jobs passed away in October 2011. Which of the following statements is/are true with regard to Steve Jobs?
1) Steve Jobs was the co-founder of Apple Inc.
2) iPod, iPhone and iPad are the renowned products of Apple.
3) Tim Cook is the present Chief Executive Officer (CEO) of Apple. He replaced Jobs in August 2011.
4) "Steve Jobs" is the authorized biography of the late Apple chief, written by Walter Isaacson.
5) All the above statements are correct.

25. The Chief Minister of which of the following states undertook a three-day 'Sadbhavana mission' fast in September 2011?
1) Uttar Pradesh
2) Karnataka
3) Uttarakhand
4) Madhya Pradesh
5) Gujarat

26. Who was honoured with the first Hridaynath Mangeshkar Award in September 2011 for his/her outstanding contribution to Indian music?
1) Asha Bhonsle
2) Pandit Ravi Shankar
3) Lata Mangeshkar
4) Zakir Hussain
5) None of these

27. Chandrasekhar Kambar won the 46th Jnanpith Award for the year 2010. He is a renowned writer in which of the following languages?
1) Malayalam
2) Kannada
3) Hindi
4) Gujarati
5) Tamil

28. Agni II, a surface-to-surface missile, was successfully launched recently. What is its range?
1) 700 Km
2) 1000 Km
3) 2000 Km
4) 4000 Km
5) 5000 Km

29. The Bushehr plant is the first nuclear plant of which of the following countries?
1) Pakistan
2) Syria
3) Jordan
4) Iran
5) Iraq

30. The Union Cabinet has approved the Approach Paper for the 12th Five-Year Plan (2012-17). According to this Paper what is the economic growth rate target during the 12th plan period?
1) 9%
2) 9.5%
3) 9.3%
4) 9.4%
5) 9.2%

31. India signed a treaty, which is aimed at solving a long-standing border dispute, with which of the following countries in September 2011?
1) Pakistan
2) Nepal
3) Bangladesh
4) Bhutan
5) China

32. Which country has launched Tiangong-1, its first space lab module?
1) South Korea
2) North Korea
3) China
4) Vietnam
5) Singapore

33. National Science Day is celebrated on which of the following days?
1) February 15
2) February 26
3) February 28
4) March 15
5) Match 26

34. Cristina Fernandez de Kirchner was re-elected the President of which of the following countries in October 2011?
1) Costa Rica
2) Brazil
3) Ireland
4) Argentina
5) Iceland

35. Which of the following rates has been increased by the Reserve Bank of India 13 times since March 2010?
1) CRR
2) SLR
3) Repo Rate
4) Bank Rate
5) Base Rate

Answers

1) 4 2) 1 3) 2 4) 4 5) 1 6) 4 7) 3 8) 3 9) 2 10) 1 11) 2 12) 3 13) 4 14) 3 15) 1 16) 3 17) 4 18) 3 19) 2 20) 4 21) 1 22) 3 23) 1 24) 5 25) 5 26) 3 27) 2 28) 3 29) 4 30) 1 31) 3 32) 3 33) 3 34) 4 35) 3

SOCIO ECONOMIC DEVELOPMENTS PRACTICE QUESTIONS

1. Nano knowledge city has been established at which Indian city?

a. Ahmedabad

b. Tiruchi

c. Chandigarh

d. Lucknow

2. Which finance company will soon offer loans again gold ETF units?

a. Muthoot Finance

b. ICICI Loans

c. Bajaj Capital

d. Birla Global Finance  Limited

3. Infosys’ Executive Council will now have how many members?

a. 12

b.  13

c. 14

d. 15

4. Which company bought the .CO domain just before the completion of one year of its public

launch?

a. Yahoo

b. Hotmail

c. Google

d. Rediff

5. Who is the newly appointed CEO of Sun TV Network?

a. Rakesh Singh

b. K.Vijay Kumar

c. Dinesh Trivedi

d. Kishore Chandra Rao

6. Which of the following brands is NOT a part of Sony Corporation?

a. VIAO

b. Bravia

c. Xbox

d. Play stations

7. Which of the brands follow a ‘fast fashion’ trend?

a. Lee

b. Adidas

c. Levis

d. Zara

8. June 2011 infl ation closed at what rate?

a. 8.44%

b. 9.44%

c. 10.44%

d. 11.44%

9. French tyre maker Michilen is going to start its Indian operations from which city?

a. New Delhi

b. Chennai

c. Mumbai

d. Kolkatta

10. Which country is set to roll out its first phase of National internet for home users in August with a speed of 8MB?

a. Iraq

b. Iran

c. Afganistan

d. Saudi Arabia

11. According to March 2010 estimation, how much land is under  organic certifi cation?

a. 4.4 million hectares

b. 4.6 million hectares

c. 6.4 million hectares

d. 6.6 million hectares

12. Where has Posco planned its latest project costing more than `50,000 Crores in India?

a. Rajasthan

b. West Bengal

c. Orissa

d. Gujarat

13. Who is the newly appointed CEO of Fortis Healthcare?

a. Bhavdeep Singh

b. Aditya Vij

c. Suneeta Reddy

d. Shivinder Singh

14. Which Indian city is hosting the 3 day International Leather Fair from 28th July 2011?

a. New Delhi

b. Chennai

c. Mumbai

d. Kolkata

15. Which of these brands DO NOT belong to Hindustan Uni Lever?

a. Bru

b. Taj Mahal

c. Ashirwad

d. Annapurna

16. Who is the new RBI Deputy Governor?

a. Shyamala Gopinath

b. Y. Vnugopal Reddy

c. Harun Rashid Khan

d. D. Subbarao

17. What is the public offer made by Zyanga Inc.?

a. $2 billion

b. $1 billion

c. $1.5 billion

d. $3 billion

18. Which website is used most popularly in Brazil?

a. Facebook

b. LinkedIn

c. Orkut

d. MySpace

19. Keki Mistry is CEO of which bank?

a. HDFC

b. ICICI

c. Standard Chartered

d. Deutsche Bank

20. Which Indian City will be home for Nano Science and Technology?

a. Hyderabad

b. Bangalore

c. Ahmedabad

d. Bhubaneshwar

21. Which Indian state suffers most from lack of opportunity of Jobs?

a. Uttarakhand

b. Goa

c. Jammu and Kashmir

d. Chattisgarh

22. To which country does the new Director General of Food and Agriculture Organization (FAO)

belong?

a. India

b. United States of America

c. Brazil

d. China

23. Which Indian city will host the 11th conference of the Parties to the United Nations Convention on Biological Diversity in October 2012?

a. New Delhi

b. Chennai

c. Bangalore

d. Hyderabad

24. How many FDI proposals did Indian Govt approve in June 2011?

a. 16

b. 17

c. 18

d. 19

25. ‘Beta’ range of pens belong to which brand?

a. Parker

b. Emonte

c. Luxor

d. Pilot

26. Brands like Parachute, Saffola, Sweekar, Medikar, Top Ramen etc., are owned by which Indian

giant?

a. HUL

b. P&G

c. Marico Industries

d. Nestle

27. what is India’s position among  the top 20 Foreign Direct Investment (FDI) recipients, according

to World investment report released by UNCTAD?

a. 12th

b. 14th

c. 16th

d. 18^th

28. General Motors launched the diesel version of which car?

a. Chevrolet Beat

b. Chevrolet Optra

c. Chevrolet Cruze

d. Spark

29. Which Public sector bank selected Metlife as its partner in the life insurance segment?

a. Syndicate Bank

b. Corporation Bank

c. United Bank of India

d. Punjab National Bank

30. Which telecom announced its decision to merge its divisions providing GSM and CDMA?

a. Tata

b. Bharti Airtel

c. Aircel

d. Vodafone

31. Maharashtra Electrosmelt is merging which PSU?

a. IOC

b. SAIL

c. BHEL

d. HPCL

32. What does ‘M’ in IMFA stand for?

a. Metal

b. Mineral

c. Micro

d. Money

33. Usha  Ananathsubramanian is the Executive Director of which Pubic sector bank?

a. Gramin Bank

b. Punjab National Bank

c. United Bank of India

d. Central Bank of India

34. Who amongst the following is the recipient of best CFO in public sector?

a. R.K. Aggarwal

b. P.K.Bajpai

c. A.K.Singhal

d. D.K. Sarraf

35. Which of the following Indian states will host the limestone mining operations of Lafarge India?

a. West Bengal

b. Chattisgarh

c. Meghalaya

d. Maharashtra

36. How many Indian companies featured in the list of 500 companies released by Fortune magazine in July 2011?

a. 6

b. 7

c. 8

d. 9

37. P.K. Bajpai is the Director of which Navratna company?

a. BHEL

b. SAIL

c. IOC

d. HAL

38. According to the report compiled by Swiss Re named World Insurance in 2010, India stands

at what position as an insurance market in the world?

a. 8th

b. 10th

c. 11th

d. 13^th

39. What does ‘F’ in IRFC stand for?

a. Force

b. Finance

c. Facilitating

d. None of the above

40. Jeevan Arogya, is a health insurance plan of which Indian insurance company?

a. LIC

b. HDFC

c. SBI Life insurance

d. IDBI Fortis life insurance

41. Who is India’s largest Liquefi ed natural gas (LNG) exporter?

a. GAIL

b. PFC

c. RasGas

d. Petronet

 

ANSWERS:

 

1. C. Chandigarh

2. A. Muthoot Finance

3. B. 13

4. C. Google

5. B. K. Vijay Kumar

6. C. Xbox

7. D. Zara

8. B. 9.44%

9. B.  Chennai

10. B. Iran

11. A. 4.4 million hectares

12. C. Orissa

13. B. Aditya Vij

14. A. New Delhi

15. C. Ashirwad

16. C. Harun Rashid Khan

17. B. $1 billion

18. C. Orkut

19. A. HDFC

20. B. Bangalore

21. C. Jammu & Kashmir

22. C. Brazil

23. D. Hyderabad

24. A. 16

25. A. Parker

26. C. Marico Industries

27. B. 14th

28. A. Chevrolet Beat

29. D. Punjab National Bank

30. A. Tata

31. C. BHEL

32. A. Metal

33. B. Punjab National Bank

34. D. D.K. Sarraf

35. C. Meghalaya

36. C.– 8

37. A. BHEL

38. C. 11th

39. C. Facilitating

40. A. LIC

41. D. Petronet

SOCIO ECONOMIC DEVELOPMENTS MCQs

1.     According to the Economic survey 2010-11 what percentage growth was recorded by the manufacturing sector in 2010?
a.    9.1%
b.    8.6%
c.    7.3%
d.    8%
Answer: a
2.     As per the economic Survey of India 2010-11, the production of food grains is estimated at over 232 million tonnes with record production of which food crop?
a.    Rice
b.    Wheat
c.    Bajra
d.    Maize
Answer: b
3.    What is the percentage growth of GDP predicted by The Economic Survey for the financial year 2010-11?
a.    8.6%
b.    8.3%
c.    8.0%
d.    9.1%
Answer: a
4.      The Economic Survey estimated the Forex reserves of India at over 297 billion US dollars. The surge in Forex is attributed to growth in which of the following sector?
a.    Export sector
b.    Foreign Direct Investments
c.    Agricultural output
d.    Industrial output
Answer: a
5.        Gross Fiscal Deficit stands at 4.8% of GDP. What was the percentage of Gross Fiscal Deficit in 2010?
a.    6.3%
b.    5.8%
c.    5.0%
d.    7.1%
Answer: a
6.   Agriculture is expected to grow by what percentage in 2010-11 as per the Economic Survey?
a.    5.0%
b.    5.1%
c.    5.4%
d.    5.5%
Answer: c
7.      What percentage of GDP growth at market prices was estimated by the Economic Survey 2010-11?    a.    9.0%
b.    9.5%
c.    9.7%
d.    10.0%
Answer: c
8.        Exports surged by what percentage in the period between April to December 2010?
a.    25.0%
b.    29.5%
c.    18.1%
d.    33.0%
Answer: b
9.     Finance Minister Pranab Mukherjee proposed to increase the Income Tax Exemption Limit for individual tax payers from 1 lakh 60 to _?
a.    1 lakh 80 thousand
b.    1 lakh 90 thousand
c.    2 lakh
d.    2 lakh 20 thousand
Answer: a
10. Which of the following was not proposed in the Union Budget 2011-12 presented by pranab Mukherjee?
1.    Special vehicles were proposed to be created in the form of Infrastructure Debt Funds to attract foreign funds.
2.    Rs. 300 crore expenditure was proposed to promote horticulture centres in rain fed areas for increasing crop productivity.
3.    For the manufacturing sector, the budget proposed reduction of basic customs duty on raw silk from 30 to 5 per cent.
4.    Concessional 10 per cent Excise Duty was also proposed for fuel cell or Hydrogen cell-technology-based vehicles.
a.    1 & 3
b.    Only 2
c.    Only 4
d.    3 & 4
Answer: b
11.     In the Budget it was proposed to provide sum of money for implementation of vegetable initiative to set in motion a virtuous cycle of higher production and incomes for the farmers. What was the proposed amount?
a.    Rs 500 crore
b.    Rs 300 crore
c.    Rs 10000 crore
d.    Rs 650 crore
Answer: b
12. Rashtriya Swasthya Bima Yojana was proposed to be being extended to the beneficiaries of which of the following Union Government schemes?
a.  Mahatma Gandhi NREGA beneficiaries
b. Beneficiaries of Swavlamban pension scheme
c. Indira Gandhi National old Age Pension scheme beneficiaries
d.Beneficiaries of Rajiv Gandhi Grameen Vidyutikaran Yojana
Answer: a
13. Acknowledging the need for development of J&K and North-east, Mamata Banerjee introduced in the Railway Budget 2011 a number measures for these two regions. In which of the following North-eastern cities did the budget propose to set up a diesel locomotive centre?
a.    Imphal
b.    Manipur
c.    Guwahati
d.    Tripura
Answer: b
14.    Read the two statements with regard to the passenger benefit plans proposed in the Railway Budget 2011.
1.The budget proposed extension of Train Management System to New Delhi, Bangalore, Secunderabad, Ahmedabad and Lucknow stations to provide information on running of trains.
2.Mamta Banerjee introduced a new concept of Smart Card – Go India for long distance travel by Indian railways.
Which of the two statements are true?
a.    Only 1
b.    Only 2
c.    Both 1 & 2
d.    None of the above
Answer: c
15. According to Railway Budget 2011, railway card passes would be extended to the parents of the unmarried posthumous winners of which of the following Awards?
1.    Param Vir Chakra
2.    Bharat Ratna
3.    Ashok Chakra gallantry award
4.    Padma Shri
a.    1 & 2
b.    2 & 3
c.    1, 2 & 3
d.    1 & 3
Answer: d
16. Which of the following schemes proposed in the Railway Budget 2011 is/are not meant for Railway Employees?
1.    Expansion of Liberalized Active Retirement Scheme for Guaranteed Employment
2.    Railway Vidyalaya Prabandhan Board
3.    Sukhi Griha Scheme
4.    Pradhan Mantri Rail Vikas Yojana
a.    1 & 3
b.    3 & 4
c.    2 & 4
d.    1 & 4
Answer: b
17. The electrical energy requirement of railways is growing rapidly with the expansion of the rail infrastructure and traffic. Considering the rising demand the Ministry of Railways proposed to set up 700 MW power plant at Thakurli in Maharashtra. The power plant is proposed to be based on what form of energy?
a.    gas-based
b.    coal-based
c.    solar power
d.    nuclear energy based
Answer: a
18.     Ministry of Railways proposed to extend Anti Collision Device (ACD) to which of the following Railway zones in India?
1.    Eastern zone
2.    East Central
3.    North Eastern
4.    South Central
a.    1 & 4
b.    2 & 4
c.    1 & 2
d.    1 & 3
Answer: c
19.     With regard to the infrastructure development of Railways as proposed in Railway Budget 2011 which statement/statements is/are false?
1.    The budget proposed to lay 40 new lines, covering 1075 km.
2.    The Ministry has allocated Rs 5406 crore for doubling of 867 km of lines
3.    A greater thrust was given to the expansion of the rail network with a larger allocation of Rs 9583 cr for new lines.
4.    for gauge conversion over 1017 km. Rs 13820 crore was proposed
a.    Only 1
b.    1 & 2
c.    Only 4
d.    2 & 4
Answer: c
20.     Read the two statements mentioned with regard to the budgetary allocations for addressing environmental concerns.
1.    The budget proposed that the solar lantern used in far-flung villages will attract no duty from 10 per cent charged earlier.
2.    To provide green and clean transportation for the masses, National Mission for Hybrid and Electric Vehicles will be launched in the year 2011 in collaboration with all stakeholders.
Which of them is true?
a.    Only 1
b.    Only 2
c.    Both 1 & 2
d.    None of the above
Answer: b
21.     To enhance credit worthiness of economically weaker sections and LIG households, a Mortgage Risk Guarantee Fund was announced to be created under which of the following scheme or Yojana?
a. Rajiv Awas Yojana
b. Rajiv Gandhi Grameen Vidyutikaran Yojana
c. Indira Awas Yojana
d. Mahatama Gandhi NREGA
Answer: a
22.    Read the following statements with regard to the allocation in the Educational sector as proposed by Union Budget 2011-12.
1. For Sarva Siksha Abhiyan the allocation was increased by 40 percent to 21000 crore rupees.
2. All institutions of higher learning will be connected through optical fibers by March 2012.
3. 500 crore rupees was proposed to be provided for national skill development fund.
4. For the needy scheduled castes ad scheduled tribe candidates studying in class-IX and Xth pre-matric scholarship scheme was proposed to be introduced.
Which of the above mentioned statements is not true?
a.    1
b.    2
c.    3 & 4
d.    4
Answer: b
23. The Basic Customs Duty exemption was proposed to be extended to which of the following sectors?
a. art and antiquities for exhibition or display in private art galleries
b. Cinematographic film, factory-built ambulances
c. syringes and needles
d. agricultural machinery
Answer: a
24.    What amount of money was allocated for Bharat Nirman?
a. 1000 crore
b.  58000 crore
c. 55438 crore
d.  14362 crore
Answer: b
25. Which of the following statement/statements is/are true with reference to the Railway Budget 2011?
1.    Railway Minister Mamata Banerjee proposed Annual Plan for the year 2011-12 at Rs 57630 cr which is the highest ever plan investment by the railways in a single year.
2.    Under the proposed Pradhan Mantri Rail Vikas Yojana the pending socially desirable lines would be completed and other similar new line projects would also be taken up.
3.    Mamata Banerjee declared 2010-11 as the Year of Green Energy.
4.    2 AC Double Decker Trains in the Jaipur-Delhi and Delhi-Ahmedabad routes were proposed.
Choose Answers:
a. 1,2 & 3
b. 1 & 4
c.  2 & 3
d. 1 & 2
Answer: d

IBPS CLERKS CWE GENERAL AWARENESS MCQs

1) This agency issued guidelines on distance marketing of products on 6 April 2011 to protect the interest of people who buy policies over phone or Internet. Identify the agency.
a. SEBI
b. IRDA
c. TRAI
d. DoT
2) In India’s first sale of rupee perpetual bonds by a non-finance company Rs 1500 crore ($332 million) was raised. Name the non-finance company.
a. Tata Steel
b. Pantallons Retail
c. RIL
d. Maruti Suzuki
3) Which of the following Indian cricket players took the highest number of wickets in the recently concluded ICC World Cup 2011 along with Pakistan’s Shahid Afridi?
a. Yuvraj Singh
b. Zaheer Khan
c. Munaf Patel
d. Harbhajan Singh
4) Union Sports Ministry on 6 April 2011 formed a committee to fine-tune the draft National Sports Development Bill. Who is heading the committee?
a. Justice Mukul Mudgal
b. Justice Tej Pratap Singh Mann
c. Justice Gurdev Singh
d. Justice Jaswant Singh Phogat
5) Name the cricketer who beat Michael Clarke by a comfortable 15-vote margin to bag the Allan Border Medal besides being named Australia’s ODI Player of the Year in Feb 2010?
a. Shane Watson
b. Simon Katich
c. Mitchell Johnson
d. Sachin Tendulkar
6) Record food grain production helped to reduce food inflation to a four month low for the week ending 26 March 2011. What was the inflation percentage for the week?
a. 9.18%
b. 9.25%
c. 9.21%
d. 9.36%
7) Praveen Kumar Tripathi took over as the Chief Secretary of which of the following governments on 4 April 2011?
a. Delhi Government
b. Haryana Government
c. Uttar Pradesh Government
d. Uttarakhand Government
8) The Union Government gifted a Kendriya Vidyalaya to a nondescript village Indrapura to which of the following Indian states?
a. Bihar
b. Odisha
c. Rajasthan
d. Madhya Pradesh
9) The Supreme Court on 5 April 2011 passed an order to lift iron export ban imposed by which of the following Indian states on 26 July 2010 and also ordered it to implement the new rules for regulating iron ore mining and transportation?
a. Tamil Nadu
b. Andhra Pradesh
c. Karnataka
d. Odisha
10) To enhance credit worthiness of economically weaker sections and LIG households, a Mortgage Risk Guarantee Fund was announced to be created under which of the following scheme or Yojana?
a. Rajiv Awas Yojana
b. Rajiv Gandhi Grameen Vidyutikaran Yojana
c. Indira Awas Yojana
d. Mahatama Gandhi NREGA
11) Which agency issued guidelines on distance marketing of products on 6 April 2011 to protect the interest of people who buy policies over phone or Internet?
a. SEBI
b. IRDA
c. TRAI
d. DoT
12) Buyer's Credit was launched by the Commerce and Industry Minister, Anand Sharma, on 6 April 2011 to boost project exports from India. Under which of the following was Buyer’s Credit launched?
a. National Export Insurance Account
b. Export-Import Bank of India
c. Export Credit Guarantee Corporation of India
d. Reserve Bank of India
13) Read the two statements mentioned with regard to the budgetary allocations for addressing environmental concerns.
1. The budget proposed that the solar lantern used in far-flung villages will attract no duty from 10 per cent charged earlier.
2. To provide green and clean transportation for the masses, National Mission for Hybrid and Electric Vehicles will be launched in the year 2011 in collaboration with all stakeholders. Which of them is true?
a. Only 1
b. Only 2
c. Both 1 & 2
d. None of the above
14) 21 year old Marjan Kalhor is the first Iranian woman to have entered an Olympic event. She is a participant in the 2010 Winter Olympics that began in Vancouver on 12 Feb 2010. Which sport is she associated with?
a. Ski
b. Shot put
c. Cycling
d. Bobsleigh
15) With his victory in the men’s large hill ski jump on 20 Feb 2010 at the Vancouver Olympics, he became the first person to win four individual gold ski jumping medals. Name this sportsperson.
a. Simon Ammann (Switzerland)
b. Ahonen Janne (Finland)
c. Alexander Nicholas (USA)
d. Bardal Anders (Norway)
16) The Indian Government in April 2011 issued a notice to which of the following companies to terminate licences for Kerala, West Bengal and Assam for delay in roll- out of services in these three circles?
a. Sistema Shyam Teleservices
b. Tata Teleservices
c. Reliance
d. BSNL
17) Which Italian luxury sports car makers on 6 April 2011 announced its entry into the Indian market where it will sell its high-performance cars priced between Rs1.20 crore and Rs1.43 crore?
a. Maserati
b. Bentley
c. Aston Martin
d. Maybach
18) Who did HDFC Bank, the country's second-largest private sector lender appoint in March 2011 to head its investment banking division?
a. Rakesh Singh
b. Charul Madan
c. Gaurav Khungar
d. Atul Singh
19) Gangaur, a festival which marks the union of Lord Shiva and his consort, Goddess Parvati is celebrated for 18 days from the day after Holi in which of the following Indian states?
a. Rajasthan
b. Karnataka
c. Tamil Nadu
d. Uttaranchal
20) Read the following statements with regard to the allocation in the Educational sector as proposed by Union Budget 2011-12.
1. For Sarva Siksha Abhiyan the allocation was increased by 40 percent to 21000 crore rupees.
2. All institutions of higher learning will be connected through optical fibers by March 2012.
3. 500 crore rupees was proposed to be provided for national skill development fund.
4. For the needy scheduled castes ad scheduled tribe candidates studying in class-IX and Xth pre-matric scholarship scheme was proposed to be introduced. Which of the above mentioned statements is not true?
a. 1
b. 2
c. 3 & 4
d. 4
21) Scientists recently developed a computer that could be controlled by the power of thought. It would help people unable to speak or move. What is the name of the technology which they used to develop this kind of computer?
a. electrocortiography
b. symbian C++
c. java
d. flash lite
22) Which of the following companies bought the Pringles brand from Procter & Gamble Co for $1.5 billion?
a. Diamond Foods Inc
b. PepsiCo's Frito-Lay
c. Emerald Nuts
d. Kettle Potato Chips
23) Online marketplace eBay India, in association with leading apparel brand Reebok auctioned a bat autographed by Indian cricketer Mahendra Singh Dhoni. The proceeds of the auction will go to which of the following NGOs?
a. Oxfem
b. CRY
c. All Bengal Women’s Union
d. UNEM
24) Which Indian hockey player was in April 2011 named captain of the Indian Hockey team the upcoming Sultan Azlan Shah Cup scheduled to be played in Malaysia from 5-15 May 2011?
a. Arjun Halappa
b. Rajpal Singh
c. Bharat Kumar Chetri
d. Mohd. Amir Khan
25) Under the Godfrey Phillips Zonal Bravery Awards given away by the former ruler of Jodhpur, Gaj Singh in Jaipur on 5 April 2011, which of the following NGOs was honoured with the Amodhini Award of Rs.1 lakh?
a. Udyogini
b. Charities Aid Foundation
c. CRY
d. Akhil Bharatiya Vanavasi Kalyan Ashram
26) The Basic Customs Duty exemption was proposed to be extended to which of the following sectors?
a. art and antiquities for exhibition or display in private art galleries
b. Cinematographic film, factory-built ambulances
c. syringes and needles
d. agricultural machinery
27) A massive Tsunami caused by a devastating earthquake of the 8.9 magnitude hit about 400 km north-east of Tokyo, capital of Japan. Where is the Pacific Tsunami Warning System headquartered? 
a. Hawai
b. Tokyo
c. Manila
d. Jakarta
28) Which of the following companies announced on 6 April 2011 that it won contract to provide broadband internet connectivity to Indian Railways through state-run RailTel Corp of India Ltd?
a. DEL
b. IBM
c. Infosys
d. HCL Infosystems
29) Which super luxury carmaker on 7 April 2011 unveiled Continental GT sedan in India?
a. Ferrati
b. Bentley
c. Maybach
d. Maserati
30) What amount of money was allocated for Bharat Nirman?
a. 1000 crore
b. 58000 crore
c. 55438 crore
d. 14362 crore
31) Who defeated Tamarine Tanasugarn on 15 Feb 2010 to retain the Pattaya Open title?
a. Vera Zvonareva of Russia
b. Sabine Lisicki of Germany,
c. Ayumi Morita of Japan
d. Kimiko Date Krumm of Japan
32) A massive Tsunami caused by a devastating earthquake of the 8.9 magnitude hit about 400 km north-east of Tokyo, capital of japan. What are the possible factors which can cause Tsunami?
i)An Earthquake
ii) A landslide
iii) A volcanic eruption or explosion
iv) Impact by a meteorite
Please choose the right option
a. i, ii, iii and iv
b. i and ii only
c. ii and iii only
d. i and iv only
33) Which of the following Indian cricket is the most heavily insured player for the forthcoming Indian Premier League (IPL) 4 T-20 tournament which begins on 8 April 2011?
a. Sachin Tendulkar
b. Yuvraj Singh
c. M S Dhoni
d. Virender Sehwag
34) The Union Budget for 2011-12 proposed lowering of qualifying age for tax relief for senior citizens from 65 years to _?
a. 55
b. 58
c. 60
d. 62
35) Finance Minister Pranab Mukherjee proposed to increase the Income Tax Exemption Limit for individual tax payers from 1 lakh 60 to _?
a. 1 lakh 80 thousand
b. 1 lakh 90 thousand
c. 2 lakh
d. 2 lakh 20 thousand
36) Noted Social worker Anna Hazare on 5 April 2011 started his hunger strike  at Jantar Mantar in New Delhi to protest against the reported delay in bringing in which of the following bills to effectively deal with corruption?
a. Lokpal Bill
b. The Competition (Amendment) Bill
c. The Airports Economic Regulatory Authority of India Bill
d. The Appropriation (No.3 ) Bill
37) Who became the world number one badminton player?
a. Saina Nehwal
b. Wang Xin
c. Sania Mirza
d. Wang Shixian
38) When is the National Youth Day observed?
a. January 14
b. February 14
c. August 31
d. January 12
39) What is Tejas?
a. Spacecraft
b. Missile
c. Submarine
d. Light combat aircraft
40) Who is the Chairperson of the Central Board Film Certification?
a. Sharmila Tagore
b. Karan Johar
c. Nafisa Ali
d. Om Puri
e. None of these
41) Ali Akbar Salehi is the foreign minister of
a. Israel
b. Iran
c. Afghanistan
d. Indonesia
42) Who is the new chief of Research and Analysis Wing (RAW)?
a. AP Singh
b. Arun Shourie
c. Sanjeev Tripathi
d. BK Gupta
43) According to an extensive genetic study on modern humans, two conclusions were drawn out.
i) There is an enormous amount of diversity in the African hunter-gatherer populations.
ii) The genetic diversity among 27 present-day African populations originated in southern Africa and progressed to northern Africa.
Which of the above statements is/are correct?
a. Both i and ii
b. Neither I and ii
c. Only i
d. Only ii
44) Which one of the following Indian states recently released a Braille version of the RTI (Right to Information) Act and its rules for the benefit of visually challenged?
a. Gujarat
b. Bihar
c. Haryana
d. Madhya Pradesh
45) Roger Federer won his fourth Australian Open Tennis Championship and 16th Grand Slam on 31 Jan 2010. Who did he defeat in the final of the Australian Open 2010?
a. Rafael Nadal
b. Andy Murray
c. Fred Perry
d. Rod Laver
46) Which of the following Bollywood Actress won the Best Actress trophy at the 13th London Asian Film Festival for her performance in Onir’s I AM?
a. Nandita Das
b. Juhi Chawla
c. Tabu
d. Konkona Sen Sharma
47) In tiger census 2010, 
i) Pugmarks were used as the only indicator of tiger numbers.
ii) An advanced Scientific process was adopted which included video trapping and use of satellite data. Which of the above statements is/are incorrect?
Choose the right option:
a. Only i is incorrect
b. Only ii is incorrect
c. Both i and ii are incorrect
d. Both i and ii are not incorrect
48) India defeated Pakistan by 29 runs in the semi finals of the ICC World Cup 2011 played at Mohali. Who was declared man of the match of the high powered game?
a. Saeed Ajmal
b. Sachin Tendulkar
c. Munaf Patel
d. Wahab Riaz
49) Which of the following bodies put off indefinitely the new rules governing unwanted telemarketing calls which were supposed to be implemented from 21 March 2011?
a. Department of Telecommunication (DoT)
b. Telecom Regulatory Authority of India (TRAI)
c. Indian Ministry of communication & Technology
d. HRD Ministry
50) The Indian government in March 2011 conferred the Miniratna status on which of the following PSUs?
a. National Small Industries Corporation (NSIC)
b. Air India Charters Ltd
c. Cement Corporation of India
d. HMT Machine Tools Ltd

Answers: 

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

GENERAL AWARENESS MCQs

1. In the absence of both the President and the Vice-President, who shall act as the President of India?
(a)Prime Minister
(b)Speaker of the Lok Sabha
(c)Chief Justice of India
(d)Deputy Chairman of Rajya Sabha
ANS (c)

2. Who among the following advocated Scientific Socialism?
(a) Robert
(b)Proudhon Pierre Joseph
(c)Karl Marx
(d)Saint Simon Henri Claude
ANS (c)

3. During the Mughal period, which one of the following trades were the first to come to India?
(a) Portuguese
(b) Dutch
(c) Danish
(d) English
ANS (a)

4. Among the following States, which one sends the highest number of members to the Lok Sabha?
(a) Andhra Pradesh
(b) Bihar
(c) Karnataka
(d) Madhya Pradesh
ANS (ca)

5. With reference to the Indian Parliament, consider the following statements :
1. A member of the Lok Sabha cannot be arrested by the police under any case when the Parliament is in session.
2. Members of the Indian Parliament have the privilege of exemption from attendance as witnesses in the law courts.
Which of these statement is/are correct ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
ANS (b)

6. Who among the following was appointed by Ashoka to administer justice in his empire?
(a) Shramana
(b) Uparika
(c) Rajuka
(d) Kumaramaya
ANS (c)

7. Consider the following statement :
1. Jainism in ancient India condemned the varna system.
2. Jain religious literature was written in Ardhamgadhi.
3. Mahavira admitted women into the order of his follows.
Which if these statement is/are correct ?
(a) G. G. Agarkar
(b) M. G. Ranade
(c) R. G. Bhandarkar
(d) G. H. Deshmukh
ANS (b)

8. Who among the following was the author of Rajtarangini, commonly regarded as the first genuine history of India written by an Indian?
(a) Banbhatta
(b) Ravikirti
(c) Pushpananda
(d) Kalhana
ANS (d)

9. Who among the following was the first economist to hold the office of Secretary, Department of Economic Affairs in the Union Finance Ministry?
(a) Dr. I.G. Patel
(b) Dr. Manmohan Singh
(c) Rakesh Mohan
(d) Dr. M.S. Ahluwalia
ANS (a)

10.What does the abbreviation ATR stand for?
(a) Action Taken Result
(b) Actually True Report
(c) Action Taken Report
(d) Action Taken Rejoinder
ANS (c)

11. Which of the following cities will host 2012 Olympics Games?
(a) Paris
(b) New York
(c) London
(d) Madrid
ANS (c)

12. Why among the following was the founder of the Nyay Darshan, on of the six, major schools of ancient Indian philosophy?
(a) Patanjali
(b) Panini
(c) Kapil
(d) Gautam
ANS (d)

13. Which of the following companies has started a rural marketing network called "e-chaupal"?
(a) ITC
(b)Dabur
(c) Hindustan Lever
(d) Procter & Gamble
ANS (a)

14. Th e decision to from the Indian National Army (Azad Hind Fauj) was taken at :
(a) Rangoon
(b) Bangkok
(c) Kuala Lumpur
(d) Tokyo
ANS (d)

15. Th e decision to from the Indian National Army (Azad Hind Fauj) was taken at :
(a) Rangoon
(b) Bangkok
(c) Kuala Lumpur
(d) Tokyo
ANS (d)

16. Give the correct chronological sequence of the following :
1. Russian Revolution
2. American War of Independence
3. Spanish Revolution
4. The French Revolution
(a) 1 2 4 3
(b) 2 4 3 1
(c) 2 1 4 3
(d) 4 2 3 1
ANS (b)

17. Which of the following States has the highest female literacy rate, according to 2001 Census?
(a) Mizoram
(b) Kerala
(c) Tamil Nadu
(d) Meghalaya
ANS (b)

18. Who among the following has been choosen the FDI Personality of the Year 2007 in Asia?
(a) P. Chidambaram
(b) Kamal Nath
(c) Ratish Nayaar
(d) Kaushik Rai
ANS (b)

19. At which of the following places India's fist Net Route Server has been set up?
(a) Mumbai
(b) Noida
(c) Chennai
(d) Hyderabad
ANS (c)

20. Which of the following Fortune 500 Indian companies has suffered loss for the first time in the first quarter of 2005-06? (a) Indian Oil Corporation
(b) ONGC
(c) Reliance Industries
(d) Bharat Petroleum Corporation
ANS (a)

21. Answers Correct Answer User Answer
(a) V.K. Duggal
(b) Jairam Ramesh
(c) Dr. I.G. Patel
(d) Jagmohan
ANS (d)

22. Which one of the following is not a land-locked country?
(a) Afghanistan
(b ) Nepal
(c) Bhutan
(d) Thailand
ANS (d)

23. Who invented polio vaccine (oral)?
(a) Albert Sabin
(b) Burkholder
(c) Luise Pasture
(d) Jonas Salk
ANS (a)

24. Which one of the following processes is not related with chemical weathering?
(a) Exfoliation
(b) Carbonation
(c) Hydration
(d) Oxidation
ANS (a)

25. Mist is caused by :
(a) Dry ice
(b) Ice at low temperature
(c) Water vapours at low temperature
(d) Carbon-monoxide in solid form
ANS (c)

GENERAL AWARENESS MCQs

1. Nav Krishi is a programme by—
(1) Door Darshan
(2) All India Radio
(3) NIC
(4) ICRISAT
(5) MANAGE

2. One Acre is equal to…………..hectare.
(1) 0.0541
(2) 0.8032
(3) 0.1082
(4) 0.2514
(5) 0.4047

3. SRI technology is practiced for the cultivation of—
(1) Fruits
(2) Vegetables
(3) Flowers
(4) Rice
(5) Wheat

4. If the soil pH 9.2, then the soil is—
(1) Acidic
(2) Neutral
(3) Alkaline
(4) Saline
(5) Sodic

5. …………..is used for the reclamation of acidic soil—
(1) Lime
(2) Gypsum
(3) Sulphur
(4) Calcium Chloride
(5) Ferrous Sulphate

6. 2008 is declared as International Year of—
(1) Rice
(2) Wheat
(3) Sugarcane
(4) Potato
(5) Apple

7. Golden revolution refers to the development of—
(1) Oilseeds
(2) Pulses
(3) Horticulture
(4) Cereals
(5) Fodder

8. The most important rabi pulse crop in India is—
(1) Chickpea
(2) Soyabean
(3) Pigeon pea
(4) Green gram
(5) Black gram

9. RFLP (Restriction Fragment Length Polymorphism) is—
(1) Growth promoter
(2) Molecular marker
(3) Growth retardent
(4) Herbicide
(5) Germicide

10. National Commission on Farmers was chaired by—
(1) Sri Som Pal
(2) Sri Y.C. Nanda
(3) Dr C. Rangarajan
(4) Dr M.S. Swaminathan
(5) Sri Sharad Pawar

11. Global Positioning Systems are useful for—
(1) Determining precise location (latitude and longitude) based on radio signal
(2) Determining precise distance based on radio signal
(3) Determining general pest system
(4) Determining disease forecast
(5) Determining area of farm

12. Commission for Agricultural Costs and Prices (CACP) recommends—
(1) Comfort Price
(2) State Advised Price
(3) Minimum Support Price
(4) Minimum Export Price
(5) Statutory Minimum Price

13. NPV (Nuclear Polyhedrosis Virus) is—
(1) Pest
(2) Pathogen
(3) Bio pesticide
(4) Bio fungicide
(5) Bio control agent

14. National Agricultural Cooperative Marketing Federation is known as—
(1) NIAM
(2) NAFED
(3) MARKFED
(4) NACMF
(5) NACOM

15. Which insect is known as farmers' enemy No.1?
(1) Bollworm
(2) Desert locust
(3) Aphids
(4) Stem borer
(5) Fruit fly

16. Indian Institute of Forest management is located at—
(1) Chennai
(2) Bhopal
(3) Hissar
(4) Dehradun
(5) Imphal

17. In India forests account for about …………..of land surface.
(1) 11%
(2) 22%
(3) 33%
(4) 14%
(5) 25%

18. VAM is an alternative to inorganic fertilizer. VAM is—
(1) Azospirillum
(2) Mycorrhiza
(3) Phosphate solubilising bacteria
(4) Nitrogen fixing bacteria
(5) Azotobacter

19. An example of Single Cell Protein is—
(1) agar agar
(2) spirulina
(3) rhizobium
(4) acetobacter
(5) salmonella

20. Major producer of mulberry silk in India—
(1) Karnataka
(2) Jammu and Kashmir
(3) Jharkhand
(4) Assam
(5) Himachal Pradesh

21. Bird flu affects—
(1) Cattle
(2) Poultry
(3) Sheep
(4) Prawn
(5) Silkworm

22. Minor irrigation scheme comprises several types of works with capacities to irrigate upto—
(1) 2000 acre
(2) 2000 ha
(3) 1000 ha
(4) 1000 acre
(5) 2500 ha

23. Ideal NPK ratio for Indian soils is—
(1) 8 : 4 : 2
(2) 4 : 2 : 1
(3) 9 : 5 : 3
(4) 2 : 1 : 0.5
(5) 10 : 4 : 2

24. Which of the following is a bio diesel plant?
(1) Jatropha
(2) Rose
(3) Pepper
(4) Noni
(5) Teak

25. National Research Centre on Plant Biotechnology is situated at—
(1) Nagpur
(2) New Delhi
(3) Mumbai
(4) Kolkata
(5) Chennai

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

SOCIO ECONOMIC DEVELOPMENTS MCQs

1. Which of the following is a General Insurance Company functioning in India ?
1. Life Insurance Corporation of India
2. ICICI Prudential
3. Tata AIG
4. United India Insurance Company
5. All are General Insurance Companies

2. Who amongst the following is the Regulator of Insurance sector in India ?
1. RBI
2. AMFI
3. IRDA
4. SEBI
5. All of these

3. Which of the following terms is NOT used in insurance sector ?
1. Indemnity
2. Coverage
3. Misuse Alert
4. Casualty
5. Annuity

4. Which of the following Public Sector companies/ organizations provides insurance cover to exporters ?
1. ECGC
2. NABARD
3. SIDBI
4. IRDA
5. None of these

5. The main feature of the National Agricultural Insurance Scheme is to insure which of the following?
1. Life of the farmer
2. Crop of the farmer
3. Animals who are used in agricultural activities
4. Land of the farmer
5. Both Land and family of the farmer

6. In which one of the following States was the first UID card issued ?
1. Gujarat
2. Manipur
3. Assam
4. West Bengal
5. Maharashtra

7. Which of the following books is written by Anita Desai ?
1. Magic Seeds
2. The Village by the Sea
3. A Bend in the River
4. My God Died Young
5. None of these

8. Expand the term MGNREGA
1. Mahatma Gandhi National Rural Employment Guarantee Act
2. Mahatma Gandhi National Rural Employment Guarantee Agency
3. Mahatma Gandhi National Rural Employment Generation Act
4. Mahatma Gandhi National Rural Employment Generation Agency
5. None of these

9. Which of the following terms is used in the field of finance and banking?
1. Elasticity
2. Inflation
3. Pulse Rate
4. Hot waves
5. Plasma

10. With which one of the following sports, Saina Nehwal is associated ?
1. Chess
2. Badminton
3. Long Jump
4. Lawn Tennis
5. Table Tennis

11. Which one of the following States has passed a bill to regulate the interest rates on microfinance?
1. Odisha
2. Haryana
3. Karnataka
4. Kerala
5. Andhra Pradesh

12. Which of the following rates are reviewed by the RBI at the time of periodical review of the policy ?
(a) Bank Rate
(b) Repo Rate
(c) Savings Bank Rate
1. Only (a)
2. Only (b)
3. Both (a) and (b)
4. All (a), (b) and (c)
5. Only (c)

13. Which one of the following is not included in TAPI gas project ?
1. Turkmenistan
2. Pakistan
3. Afghanistan
4. India
5. Iran

14. Which one of the following States has passed a legislation to confiscate the property of corrupt officials and to open schools in these properties?
1. West Bengal
2. Jharkhand
3. Bihar
4. Rajasthan
5. Haryana

15. Brihadeeswara Temple has recently celebrated its millennium birthday. In which of the following States is it located ?
1. Karnataka
2. Andhra Pradesh
3. Kerala
4. Odisha
5. Tamil Nadu

16. In which one of the following: States, Jaitapur Nuclear Power plant is proposed to be set up ?
1. Gujarat
2. Haryana
3. Odisha
4. Karnataka
5. Maharashtra

17. According to Planning Commission, in how many years shall the per capita income in India become double ?
1. Nine
2. Five
3. Seven
4. Three
5. None of these

18. Expand the term IFRS.
1. Indian Financial Reporting Standards
2. Indian Financial Reporting Systems
3. International Financial Reporting Standards
4. International Financial Reporting Systems
5. None of these

19. Who is Liu Xiaobo ?
1. North Korean dissident, who has been awarded Nobel peace prize
2. Chinese citizen, who has been awarded Nobel peace prize
3. North Korean dissident, who has been awarded Nobel literature prize
4. Sportsman who was awarded maximum 8 Gold medals in Commonwealth
5. None of these

20. Who is Hardeep Puri ?
1. India’s permanent representative at UN
2. Vice President, IMF
3. Vice President, World Bank
4. India’s ambassador in USA
5. India’s ambassador in UK

21. With which one of the following games is Ishant Sharma associated ?
1. Chess
2. Badminton
3. Table Tennis
4. Volley Ball
5. Cricket

22. With which one of the following games, France’s Zinedine Zidane is associated ?
1. Hockey
2. Football
3. Snooker
4. Volley Ball
5. Base Ball

23. As per recent newspaper reports, which one of the following countries was second largest importer of goods and services in the world during year 2009-10 ?
1. China
2. USA
3. Japan
4. Russia
5. India

24. According to RBI governor, which one of. the following is the challenge in its monetary policy?
1. Inflation
2. Inflation and Supportive recovery
3. Inflation and fiscal deficit
4. Inflation and high cost of imports
5. None of these

25. Which one of the following Public Sector Organisations has offered largest ever equity offer ?
1. SAIL
2. Coal India
3. Power Grid
4. Shipping Corporation of India
5. None of these

26. Through which one of the following sources domestic funds are raised by Companies ?
(a) IPO only
(b) FPO only
(c) Commercial papers
1. Only (a) and (b)
2. All (a), (b) and (c)
3. Only (a),and (c)
4. Only (a)
5. Only (c)

27. Which one of the following was the reason owing to which Govt. want Reserve Bank of India to tighten prudential norms for NBFCs?
1. To reduce liquidity in the market
2. It is as per Basel II requirements
3. It is as per Bank for International Settlement (BIS) directives
4. It is to protect NBFCs from any impact of possible economic slowdown
5. None of these

28. In the financial year 2009-10, which one of the following Banks has made highest Total dividend Payout?
1. SBI 2. PNB
3. Bank of India
4. Canara Bank
5. None of these

29. In respect of which one of the following countries, India has proposed non payments for import of crude oil ?
1. Iran
2. Iraq
3. Kuwait
4. Sudan
5. U.A.E.

30. Through which one of the following methods, RBI has allowed Indian companies to hedge exchange rate risks associated with trade transactions ?
1. Forwards
2. FRA
3. Swaps
4. Currency options
5. Cross currency options

31. Which of the following books is written by V. S. Naipaul ?
1. A Handful of Dust
2. A House for Mr. Biswas
3. A Passage to India
4. Darkness at Noon
5. None of these

32. With which one of the following countries, India has signed agreement to build Multi Model Transit Transport Project ?
1. Bangladesh
2. Myanmar
3. Sri Lanka
4. Nepal
5. Maldives

33. Which one of the following countries is Number One Country in terms of Purchasing Power ?
1. USA
2. Germany
3. China
4. South Korea
5. None of these

34. Which one of the following directions has been given by Government to Civic bodies ?
1. They must use 70 per cent of the funds for BPL families
2. They must use 70 per cent of the funds for the poor living within their jurisdiction
3. They must use 25 per cent of the funds for BPL families
4. They must use 25 per cent of the funds for the poor living within their jurisdiction
5. None of these

35. On which one of the following issues a group of business leaders and other eminent citizens have expressed concern ?
1. E-Governance
2. Governance
3. Fiscal deficit
4. Governance deficit
5. None of these

36. ‘Yuan’ is the currency of which one of the following countries ?
1. Japan
2. South Korea
3. North Korea
4. Taiwan
5. China

37. Which one of the following is a leading power in 17 nation Euro Region ?
1. Germany
2. France
3. Norway
4. Greece
5. Portugal

38. What are teaser loan rates charged by banks ?
1. Fixed rate of interest charged by banks
2. Floating rate of interest charged by banks
3. Rate of interest in the initial period is less and goes up subsequently
4. Rate of interest in the initial period is more and it goes down subsequently
5. None of these

39. Expand the term FSDC which is used in financial sectors ?
1. Financial Security and Development Council
2. Financial Stability and Development Council
3. Fiscal Security and Development Council
4. Fiscal Stability and Development Council
5. None of these

40. According to the 8th Annual Global Retail Development Index (GRDI), which one of the following countries is ‘most attractive’ retail market in the world ?
1. China
2. India
3. UAE
4. Saudi Arabia
5. Japan

41. Govt.’s ‘Food-for-work’ programme means
1. to pay in kind to work and build rural infrastructure
2. supplying balanced diet to workers in rural areas
3. no-work-no-pay principle
4. ensuring enough food to rural workerhouseholds
5. None of these

42. The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called ?
1. Instalment
2. Contribution
3. Premium
4. EMI
5. Service Charge

43. Which of the following is/ are the various types of insurance ?
(a) Life Insurance
(b) Health Insurance
(c) Liability Insurance
1. Only (a)
2. Only (b)
3. Only (c)
4. All (a), (b) and (c)
5. Only (a) and (b)

44. What is the full form of ‘ESOPs’ as seen in financial newspapers ?
1. Employee Stock Ownership Plan
2. Executive Salary Options
3. Emergency Stock Operations
4. Early Sales Opportunities
5. Executive Stock Ownership

45. Who are considered Super Senior Citizen as per budget 2011-12 ? Those who have completed a minimum age of
1. 65 years
2. 70 years
3. 75 years
4. 80 years
5. 90 years

46. Pohang Steel Company (POSCO) is a company originally based in
1. China
2. Vietnam
3. USA
4. Italy
5. South Korea

47. As per the revised data released by the Central Statistical Organisation, the GDP growth in 2010 has been at which of the following levels?
1. 6%
2. 6.5%
3. 8%
4. 7.5%
5. None of these

48. Who amongst the following was awarded Padma Vibhushan recently (2011) ?
1. Kumar Mangalam Birla
2. Harbhajan Singh
3. Nirupama Rao
4. Montek Singh Ahluwalia
5. Saina Nehwal

49. Annual meeting of World Economic Forum was organized in January 2011 in which of the following cities ?
1. Davos
2. Milan
3. Tokyo
4. London
5. Lisbon

50. India recently signed a deal on the sharing of Teesta and Feni river waters. This agreement is signed with which of the following countries?
1. Nepal
2. China
3. Pakistan
4. Bangladesh
5. Bhutan

ANSWERS:

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

FINANCIAL AWARENESS MCQs

1. When did Regional Rural Banks start functioning in India?
(A) 1975
(B) 1947
(C) 1956
(D) 1960
Answer: (A)
2. Who was the Chairman of the Sixth Central Pay Commission?
(A) Justice B. N. Srikrishna
(B) Prof. Ravindra Dholakia
(C) J. S. Mathur
(D) Sushma Nath
Answer: (A)
3. The 11th Five Year Plan is termed as plan for.
(A) India’s Health
(B) Eradication of poverty from India
(C) India’s Education
(D) Development of Rural India
Answer: (C)
4. Which of the following correctly describes what sub-prime lending is?
(1) Lending to the people with less than ideal credit status.
(2) Lending to the people who are high value customers of the banks.
(3) Lending to those who are not a regular customer
(A) Only 1
(B) Only 2
(C) Only 3
(D) All
Answer: (A)
5. The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector this type of phenomenon is known as:
(A) Probability risk
(B) Market risk
(C) Inflation risk
(D) Credit risk
Answer: (A)
6. Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank?
(1) It does not accept deposits.
(2) It has a limited cash disbursement capacity.
(3) Lack of human interface.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) All
Answer: (D)
7. The World Development Report 2009 is released by which of the following Organisations?
(A) UNESCO
(B) ADB
(C) IMF
(D) World Bank
Answer: (D)
8. Which of the following statements is/are TRUE about the Lehman Brothers Holdings Inc. which was in news sometimes back?
(1) The US government provided a US$ 7000 million bailout package to the company.
(2) The company filed for bankruptcy in a court in New York.
(3) The company is now out of financial crisis and is busy in its restructuring so that it can start afresh.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) All of the Above
Answer: (B)
9. The Reserve Bank of India has recently issued guidelines to banks on Pillar 2 of Basel II framework. Pillar 2 deals with which of the following?
(1) Better human resource management
(2) Adequate capital to support risks
(3) Better profitability with minimum number of employees
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) None of these
Answer: (D)
10.The World Investment Report 2008 was released in September 20This report is published every year by:
(A) Government of India
(B) World Trade Organisation (WTO)
(C) Asian Development Bank (ADB)
(D) United Nations Conference on Trade and Development (UNCTAD)
Answer: (D)
11. As we all know some new initiatives were introduced in the area of Fiscal Management by the government of India. Which of the following acts was passed a few years back to keep a check on the fiscal indiscipline on macroeconomic parameters?
(A) FERA
(B) FRBMA
(C) FEMA
(D) Public Debt Act
Answer: (B)
12. Which of the following has the sole right of issuing paper notes in India?
(A) Union Government
(B) Reserve Bank of India
(C) Ministry of Finance
(D) Supreme Court
Answer: (B)
13. Decision taken at Bretton Woods Conference led to the formation of
(A) IDA
(B) IMF
(C) ADB
(D) IFC
Answer: (B)
14. Which of the following is known as plastic money?
(A) bearer cheques
(B) credit cards
(C) demand drafts
(D) gift cheques
Answer: (B)
15. Euro is the currency of European Union. When did it come into being?
(A) 1999
(B) 1995
(C) 2000
(D) 2001
Answer: (A)
16. Which is the largest commercial bank in India?
(A) Reserve Bank of India
(B) State Bank of India
(C) ICICI Bank
(D) Bank of India
Answer: (B)
17. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form
(A) Reserve Bank of India
(B) Imperial Bank of India
(C) Bank of India
(D) Union Bank of India
Answer: (B)
18.In India, income tax is levied by
(A) Union Government
(B) State Governments
(C) Ministry of Finance
(D) RBI
Answer: (A)
19. The Reserve Bank of India was nationalized in?
(A) 1947
(B) 1948
(C) 1950
(D) 1956
Answer: (B)
20. What is a Bank which has capital and reserves of over Rs. 5 lakhs called?
(A) National Bank
(B) Cooperative Bank
(C) Scheduled Bank
(D) Unscheduled Bank
Answer: (C)