Current Affairs MCQs for Bank & all other competitive exams 2012-13

Dear Bank Aspirants,


This is the set of 50 Current Affairs MCQs for IBPS PO/Clerk, SBI, RBI & all other Competitive exams. so read these quizzes carefully for you preparation. Don't forget to share this with your friends.


1. Among the following sentences about the suggestions made by Parliamentary panel, pick out the wrong one:
(A) It has recently suggested to the government to build capabilities to face any challenge.
(B) It has suggested allocating funds towards the modernization of Indian army.
(C) It also underscored the need to fast-track procurement of ammunition for the Army considering that the situation is critical.
(D) It has suggested to restart India’s IGMDP.
See Answer:

2. Who among the following leaders was re-elected General Secretary of the CPI (M) for the third consecutive term at the party's 20th Congress, which took place at Kozhikode?
(A) Brinda Karat
(B) Prakash Karat
(C) Sitaram Yechury
(D) (A) (B) Bardhan
See Answer:

3. The Union Cabinet, on April 26, 2012 decided to retain the voting rights in the private sector banks at 10 percent and felt it could be raised progressively to
(A) 26 percent
(B) 11 percent
(C) 33 percent
(D) 42 percent
See Answer:
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Business & Marketing Awareness MCQs February for All Exams

This Model paper is based on Business & Marketing Aptitude. these quizzes are very helpful for upcoming IBPS CWE 2012 & all State PSC, Bank Exams, Railways, SSC exams. so practice these quizzes for your success. Don't forget to leave your valuable comments below this post.. Enjoy Reading... :)

Business & Marketing Awareness
February

1- Glencore, world's largest diversified trading house and……..signed an MoU for $ 41 billion in a deal to create a powerhouse spanning mining, agriculture and trading.

1. MC Ewen Mining Inc
2. Xstrata
3. Kariganur Minerals Mining Industry
4. Bombay Mineral
5. None of these

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Important Abbreviation ( India )

.

Sr. No.	Abbreviation	Stands For
1	AAFI	Amateur Athletics Federation of India
2	AAPSO	Afro-Asian People’s Solidarity Organisation
3	AASU	All Assam Students Union
4	ABM	Anti Ballistic Missile
5	AC	Alternate Current OR Air Conditioner
6	ACC	Ancillary Cadet Core
7	AD	Ano Domini (After the birth of Jesus)
8	ADB	Asian Development Bank.

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Must Read 120 Current Affairs MCQs 2012 for All Exams - Set 3

This is the 3rd set of 120 Current Affairs quizzes. These quizzes will equip you to take all competitive examinations as well. These quizzes are based on Corporate, Economy, Sports, Science, National Current Affairs of India. This will make you better prepared to face competitive examinations like that of IBPS CWE, Bank PO, RRB, NABARD, RBI, LIC, Civil Services, MBA etc.

1. The union government of India on 1 February 2012 gave the approval for setting up a National Council for Senior Citizens. It will be headed by the minister of____
a) External Affairs
b) Social Justice and Empowerment
c) Home
d) Finance
Answer: (b) Social Justice and Empowerment

2.  As per the latest Sample registration System( SRS) bulletin, December 2011 released by the Registrar General of India(RGI), it is noted that Infant Mortality Rate(IMR) dropped further from __ to __ infant deaths per 1000 live births during 2010.
a) 50; 47
b) 52; 49
c) 53; 48
d) 48; 47
Answer: (a) 50; 47

3. In the period from January to November 2011, Sri Lanka received just over 7.5 lakh tourists. Of this, over 1.5 lakh were Indians. Indians constituted about what per cent of the tourists to Sri Lanka in 2011?
a.    20%
b.    11%
c.    27%
d.    31%
Answer: (a)

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SBI Associates Clerk/PO General Awareness Practice Paper

1. Which of the following is one of the major functions of the RBI ?
(A) Maintain India Investment Fund created by the Govt. of India
(B) Act as custodian of the foreign exchange reserves of the country
(C) Appoint (CEOs) of the foreign banks in India
(D) Appoint Finance Secretary to the Govt. of India
(E) Decide exchange rates of currencies like Yen, Yuan and Dollars
Ans : (B)

2. Who among the following is a regulator of financial/banking institutes / organizations in India ?
(A) Indian Bureau of Standards, (B) Life Insurance Corporation of India (LIC)
(C) Central Bureau of Investigation, (D) Institute of Chartered Accountants of India
(E) Reserve Bank of India (RBI)
Ans : (E)

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Business & Marketing Awareness MCQs January for All Exams

This Model paper is based on Business & Marketing Aptitude. these quizzes are very helpful for upcoming IBPS CWE 2012 & all State PSC, Bank Exams, Railways, SSC exams. so practice these quizzes for your success. Don't forget to leave your valuable comments below this post.. Enjoy Reading... :)

Business & Marketing Awareness

1- Which PSU announced on 2 January 2012 that its board approved in a meeting held on 30 December 2011 the switching over to internationally-accepted Gross Caloric Value-based pricing mechanism?

(A). BHEL

(B). ISPAT

(C). CIL

(D). IOC

2- Mukesh Ambani’s Reliance Industries Ltd (RIL) entered the media and entertainment sector by making a major investment in one of India’s largest broadcast companies. Name the broadcast company.

(A). Network18 Group

(B). Adlabs Films

(C). Balaji Telefilms

(D). Bag Films

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Professional Knowledge Practice Paper for IBPS Specialist Officer

This is a set of 30 Sample Question of  Professional Knowledge for IBPS Specialist officer. Test of Professional Knowledge in IBPS, Newly added section, and most of the candidates don’t know the exact type of questions from professional knowledge section will come. Here you can have the professional knowledge model questions papers with answers for IBPS specialist officer exam.When you compare with other section , professional knowledge for 75 marks and the number of questions will be only 50. So candidates have to score in this section,in order to get good score. here we are providing you IBPS specialist officer model questions on test of professional knowledge section. Hope you will get minimum idea on type of questions come under professional knowledge.

Professional Knowledge

1. One of the following is not included in the 7 P’s of Marketing. Find the same_____________

(A). Placement

(B). Price

(C). Production

(D). Promotion

(E). Product

Ans. (C). Production

2. Analysis of marketing problem helps in ______________

(A). Evaluating marketing opportunities

(B). Reducing marketing staff

(C). Reducing profits

(D). Good communication

(E). Motivation

Ans. (A). Evaluation Marketing Opportunities

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Indian Banking Industry : Emerging Trends

Introduction

Fierce   competition,   innovative strategies   and   competitive   spirit   have satiated  banks   with   palpating activities.    Banks   are   adopting different strategies in an environment of  increased  competitive  pressure. Active strategies with focus on new fields  of  business  and  defensive strategy concentrating on cost cutting are   embraced   together.   Flawless service  delivery  is  the  target  with diffused   liabilities    and   multiple choices available to customers.

Technology   has   completely changed  the  nature  and  pace  of delivery of banking services world over.   The   speed   has   considerably improved alongwith the quality of the   services.   Various   delivery channels are available with banks for customers.   Broadly,  the  levels  of banking  services  offered  through internet can be categorized in to three types namely—Basic Level Service, Simple Transactional Websites and Fully Transactional Websites.

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Current Awareness Multiple Choice Model Question 2011 - Part 4

1- Who is set to play against Royal Challengers Bangalore in Champions League Twenty 20 finals 2011?

(A). Cape Cobras

(B). Mumbai Indians (correct)

(C). New South Wales

(D). Redbacks

2- Name the actor who is set to be honoured with the Kalidas Samman.

(A). Naseerudin Shah

(B). Shatrughan Sinha

(C). Anupam Kher (correct)

(D). Naveen Pathak

3- In which city the first ever formula one race will be held in India?

(A). Greater Noida (correct)

(B). New Delhi

(C). Faridabad

(D). Pune

4- Who is the title sponsor for the Indian Grand Prix?

(A). Airtel (correct)

(B). Idea

(C). United Breweries

(D). Hyundai

5- What is the name given to the race which will be held?

(A). Airtel Indian Grand Prix (correct)

(B). Honda Grand Prix

(C). Mercedez Grand Prix

(D). Noida Grand Prix

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Reasoning Ability Model Practice for IBPS CWE Exam - Set - 2

This is the right place to practice for IBPS CWE Clerical Exam. The Practice set/Sample Questions available here will help you learn quicker approach to answer questions in exam hall, manage time, and prepare for the exams in the shortest period. This will help you gauge the benefits of your study over the months.

Reasoning Ability

Directions—(Q. 1–5) For each of the following questions there is some relationship between the two terms to the left of :: and the same relationship obtains between the two terms to its right. In each of these questions the fourth term is missing. This term is one of the alternatives among the five terms given below. Find out this term.


1. ABCD is related to BEGI in the same way as BCDE is related to … ?
(A) ADFH
(B) CFHJ
(C) CDEF
(D) CEGI
Ans : (B)


2. ABEF is related to BCFG in the same way as GHKL is related to … ?
(A) FGKJ
(B) HILM
(C) HIKJ
(D) HIML
Ans : (B)


3. BYCX is related to AZDW in the same way as DWEV is related to … ?
(A) CEXV
(B) CXFU
(C) EVFU
(D) EWCX
Ans : (B)


4. ‘CIRCLE’ is related to ‘RICELC’ in the same way as ‘SQUARE’ is related to—
(A) UQSERA
(B) QUSERA
(C) UQSAER
(D) QSUERA
Ans : (A)


5. ‘JKLM’ is related to ‘XYZA’ in the same way as ‘NOPQ’ is related to—
(A) RSTU
(B) YZAB
(C) DEFG
(D) BCDE
Ans : (D)


Directions—(Q. 6–15) Each of the following questions has four alternative responses. Select the correct response.


6. Which one of the following is same as liver, heart, kidney?
(A) Nose
(B) Blood
(C) Urine
(D) Lung
Ans : (D)


7. Which one of the following is same as uncle, aunt, brother?
(A) Child
(B) Boy
(C) Adult
(D) Nephew
Ans : (D)


8. Which one of the following is same as Jute, Cotton, Wool ?
(A) Nylon
(B) Rayon
(C) Silk
(D) Terylene
Ans : (C)


9. Which one of the following is same as lead, convince, allure?
(A) Direct
(B) Order
(C) Initiate
(D) Fascinate
Ans : (D)


10. Which one of the following is same as flood, fire, cyclone?
(A) Accident
(B) Rain
(C) Earthquake
(D) Damage
Ans : (C)

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Numerical Ability Sample Questions For IBPS CWE Clerk Exam Preparation

Numerical Ability Sample

Questions For IBPS CWE Clerk Exam Preparation

1. A clock shows the time as 6 a.m. If the minute hand gains 2 minutes every hour, how many minutes will the clock gain by 9 p.m.?
(a) 30 minutes
(b) 25 minutes
(c) 28 minutes
(d) 34 minutes

2. Find the right number, from the given options, at the place marked by the question mark: 2, 4, 8, 32, 256, ?
(a) 4096
(b) 8192
(c) 512
(d) 1024


3. Find the number missing at question mark:
10, 11, 23, 39, 64, ?, 149
(a) 100
(b) 103
(c) 78
(d) 128


4. A super fast bus of KSRTC starting from ‘Trivandrum’ and reaches ‘Attingal’ in 45 minutes with an average speed of 40 km/hr. If the speed is increased by 10km/hr how much time it will take to cover the same distance?
(a) 34 minutes (b) 36 minutes (c) 38 minutes (d) 40 minutes


5. The difference between 6 times and 8 times of a figure is 14. What is the figure?
(a) 12 (b) 9 (c) 7 (d) 6

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IBPS CWE Clerical Cadre Exam 2012 Model Practice Paper

This is the right place to practice for IBPS CWE Clerical Exam. The Practice set/Sample Questions available here will help you learn quicker approach to answer questions in exam hall, manage time, and prepare for the exams in the shortest period. This will help you gauge the benefits of your study over the months.

Reasoning

 1. Each consonant in the word TEMPORAL is changed to the previous letter in the English alphabet and each vowel is changed to the next letter in the English alphabet and then letters so arrived are arranged in alphabetical order, which of the following will be the fourth from the right end ?
(1) F
(2) P
(3) L
(4) K
(5) None of these
Ans: (5)


2. Four of the following five are alike in a certain way and so from a group. Which is the one that does not belong to that group ?
(1) 14
(2) 18
(3) 24
(4) 36
(5) 26
Ans: (4)


Directions (Q. 3 - 6) : Study the following arrangement carefully and answer the the questions given below:
R $ 5 4 I J M @ P 3 © A Q T 2 W 1 % U V 6 B E N 8 * 7 d D


3. How many such symbols are there in the above arrangement, each of which is immediately preceded by a number and immediately followed by a vowel ?
(1)None
(2) One
(3) Two
(4) Three
(5) Four
Ans: (3)


4. How many such numbers are there in the above arrangement, each of which is immediately preceded by a letter and not immediately followed by a letter ?
(1) None
(2) One
(3) Two
(4) Three
(5) More than three
Ans: (4)


5. Which of the following is the fifth to the right of the nineteenth from the right end ofthe above arrangement ?
(1) T
(2) W
(3) N
(4) J
(5) None of these
Ans: (2)

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General Awareness (Banking Industry) Model Paper for IBPS CWE Exam

Banking Industry as a part of General Awareness section has been recently added for bank exam. It emphasizes on applicants’ knowledge of current affairs with special reference to banking industry. This is very important for upcoming for candidates who aspire to be a bank Personnel.

1. Which of the following bodies tightened the norms for foreign exchange risk cover in India mentioning that only companies with a networth of Rs 200 crore can use derivatives to hedge against risk of volatility in currency rates?
a. IMF
b. Reserve Bank of India
c. SEBI
d. Union Ministry of Finance
Ans: b


2. Which body in India finally provided tax exemption on the 9.5 per cent interest income on PF deposits for 2010-11?
a. Reserve Bank of India
b. Income Tax Department
c. Employees’ Provident Fund Organisation
d. Corporate Affairs Ministry
Ans: b


3. (1) The report on Customer Service in Banks by a committee chaired by M. Damodaran, former Chairman of the Securities and Exchange Board of India (SEBI) that was released on 3 July 2011 recommended an increased deposit insurance cover of Rs.5 lakh so as to encourage individuals to keep all their deposits in banks.
(2) The panel also suggested blocking of lost ATM cards through SMS and immediate restoration of funds in case of non-dispensation of cash at an ATM within 5 working days.
Which of the above is not true?
a. Only 1
b. Only 2
c. Both 1 & 2
d. None of the above
Ans: b


4. The Reserve Bank of India (RBI) in a bid to tame inflationary pressure hiked the short-term indicative policy rate (repo rate) by 50 basis points on 26 July 2011. The repo rate currently stands at what percentage?
a. 7%
b. 7.5%
c. 8%
d. 8.5%
Ans: c


5. Which bank posted a 99 per cent drop in net profit at Rs 21 crore for the fourth quarter ended 31 March 2011 against Rs 1867 crore during the corresponding period in 2010?
a. Indian Overseas Bank
b. State Bank of India
c. Bank of India
d. United Bank of India
Ans: b

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Reasoning Ability Model Paper for IBPS CWE Clerical Exam - Set - 1

This is the right place to practice for IBPS CWE Clerical Exam. The Practice set/Sample Questions available here will help you learn quicker approach to answer questions in exam hall, manage time, and prepare for the exams in the shortest period. This will help you gauge the benefits of your study over the months.

Reasoning Ability

1. '2' is subtracted from each even digit and '1' is added to each odd digit in the number 7652348. Which of the following will be the difference of the second digit from the right and the third digit from the left of the new number thus formed?

(A) 1

(B) 2

(C) 4

(D) 6

(E) 3

Ans: (C)

2. In a certain code 'RAISE' is coded as 'FTJBS' and 'LEASE' is coded as 'F'TBFM'. How will 'FLOWN' be coded in the same code?

(A) OXPMG

(B) OPMXG

(C) OGMXP

(D) MGOXP

(E) MGPOX

Ans: (A)

3. Rajesh correctly remembers that his friend Sanjay started working after April but before September. Vinod correctly remembers that Sanjay did not have a job before May. Madan correctly remembers that the month Sanjay started working had 31 days. In which month of the year did Sanjay definitely start working?

(A) July

(B) Either August or July

(C) August

(D) Either August or June

(E) June

Ans: (B)

Directions-(Q.4-6) In each question below are three statements followed by two conclusions numbered I and II. You have to take the three given statements to be true even if they seen to be at variance from commonly known facts and then decide which of the given conclusions logically follows from the three statements disregarding commonly known facts. Give answer-

(A) If only conclusion I follows.

(B) If only conclusion II follows.

(C) If either conclusion I or conclusion II follows.

(D) If neither conclusion I nor conclusion II follows.

(E) If both conclusions I and II follow.

4. Statements:

Some black are blue.

Some blue are white.

Some white are black.

Conclusions :

I. Some black are both blue and white.

II. Some white are both black and blue.

Ans: (E)

5. Statements:

Some actors are dancers.

Some dancers are musicians.

No musicians are painters.

Conclusions :

I. Some painters are actors.

II. No painter is a dancer.

Ans: (D)

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IBPS CLERKS EXAM GENERAL AWARENESS MODEL PAPER

1. Who among the following served as the first chairman of the governing body of IBPS?
1) Dr. Manmohan Singh
2) Sir Smith
3) P. C. Mahalanobis
4) Dr. J.C. Chakraborthy
5) Dr. A.K.Qureshi

2. 'Saranda Action Plan', has been recently launched by Rural Development Ministry. It will be implemented firstly in Naxal-hit Saranda district of which among the following states?
1) Chhattisgarh
2) Jharkhand
3) Odisha
4) Punjab
5) Haryana

3. How many key infrastructure sectors are known as Core sector in India Economy used for Index of Industrial Production (IIP) data?
1) six
2) seven
3) eight
4) ten
5) three

4. The Ennahda Party has emerged as largest political party in the first elections after the Arab Spring in  which among the following countries?
1) Tunisia
2) Syria
3) Libya
4) Algeria
5) Sudan

5. Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) was initiated by which among the following countries?
1) India
2) Sri Lanka
3) Maldives
4) Mauritius
5) Nepal

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IBPS CWE GENERAL AWARENESS MODEL PAPER

1. Lucas Papadesmos became the new Prime Minister of which of the following countries in November 2011?
1) Spain
2) Italy
3) Greece
4) Belgium
5) None of these

2. Which Indian city hosted the World Economic Forum's (WEF) Indian Economic Summit in November 2011?
1) Mumbai
2) New Delhi
3) Chennai
4) Bangalore
5) Hyderabad

3. Moshe Katsav has been sentenced to seven years in prison on the charges of sexual harassment and obstruction of justice. He was the 8th President of whi-ch of the following countries?
1) Iran
2) Israel
3) Syria
4) Sudan
5) Germany

4. Which former Australian cricketer's autobiography is titled 'Fierce Focus'?
1) Allan Border
2) Shane Warne
3) Steve Waugh
4) Greg Chappell
5) Adam Gilchrist

5. Which of the following teams lifted the Beighton Cup hockey tournament in November 2011?
1) IOC
2) ONGC
3) Air India
4) Railways
5) None of these

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GENERAL AWARENESS MCQs FOR BANK EXAMS

1.Uttar Pradesh Chief Minister Mayawathi has proposed to split Uttar Pradesh into four states. Which of the following is not one of them?
1) Purvanchal
2) Bundelkhand
3) Gorkhaland
4) Awadh Pradesh
5) Paschim Pradesh

2.Which of the following days is celebrated as the National Press Day? (The Press Council of India started functioning on this day in 1966)
1) October 16
2) November 16
3) September 16
4) May 11
5) November 11

3. Binita Soren and Sheelarani Mahato have become the first women mountaineers to climb Mount Saser Kangri in the Eastern Karakoram Range of Himalayas in Ladakh. To which state do they belong?
1) Assam
2) Arunachal Pradesh
3) Jharkhand
4) Manipur
5) Tripura

4.KB Kookmin Bank has its headquarters in which of the following countries?
1) Japan 2) Singapore 3) South Korea
4) Philippines
5) North Korea

5.Who has been honored as the Women's Tennis Association's (WTA) player of the year for 2011?
1)CarolineWozniacki (Denmark)
2) Petra Kvitova (Czech Republic)
3)Victoria Azarenka (Belarus)
4) Maria Sharapova (Russia)
5) Vera Zvonareva (Russia)

6.Union Finance Minister Pranab Mukherjee released a Rs.150 coin to mark 150 years of which of the following institutions in November 2011?
1) Reserve Bank of India 2) State Bank of India
3) Election Commission
4)Union Public Service Commission
5)Comptroller & Auditor General

7.The United States of America signed a security agreement with which of the following countries in November 2011? (Under this agreement 250 U.S. Marines would be stationed in that country)
1) Australia
2) Indonesia
3) Singapore
4) Malaysia
5) China

8.Global energy, healthcare, technological and industrial products major Siemens is plan-ning to invest about Rs.1700 crore in India. Siemens belongs to which of the following countries?
1) Canada
2) Germany
3) Sweden
4) Norway
5) USA

9.The Union Cabinet has agreed for what per cent of Foreign Direct Investment in the pension sector?
1) 20%
2) 49%
3) 26%
4) 100%
5) None of these

10.The Presidents Cup is held once in every two years. It is related to which of the following sports/ games?
1) Cricket
2) Horse Racing
3) Golf
4) Soccer
5) None of these

11.Who is the author of the book 'Dreams from My Father: A Story of Race and Inheritance'?
1) Barack Obama
2) Nelson Mandela
3) Abraham Lincoln
4) Martin Luther King Jr
5) None of these

12.Which of the following cups/trophies is associated with the game of Hockey?
1) Duleep Trophy
2) Merdeka Cup
3) Ranji Trophy
4) Aga Khan Cup
5) Vijay Hazare Trophy

13.Which of the following books is written by V.S.Naipaul?
1) Midnight's Children
2) In a Free State
3) The God of Small Things
4) Inheritance of Loss
5) The White Tiger

14.Who among the following is not a banker?
1) Shika Sharma
2) Renu Challu
3) Chanda Kochhar
4) Kiran Majumdar Shaw
5) Nainalal Kidwai

15.Which of the following organizations/institutions has its headquarters in Manila?
1) Asia Pacific Economic Cooperation
2) Association of South East Asian Nations
3) Asian Development Bank
4) South Asian Association for Regional Cooperation
5) North Atlantic Treaty Organization

16. Which of the following indust-ries is/are owned by the Hinduja Group?
1) Ashok Leyland
2) Hindalco
3) Suzlon Energy
4) Wipro
5) All the above

17. Who is the author of the books 'The Structure of the Universe' and 'Current Issues in Cosmology'?
1) Stephen Hawking
2) Jayant Narlikar
3) Albert Einstein
4) S.Chandrasekar
5) None of these

18. Which of the following terms is not associated with Global Warming?
1) CFCs
2) Carbon di Oxide emission
3) Sub prime crisis
4) Ozone depletion
5) Greenhouse effect

19.Who is the author of the book 'The Golden Gate'?
1) Anita Desai
2) Amitav Ghosh
3) Kiran Desai
4) Vikram Seth
5) None of these

20. Which of the following is not associated with the financial/ banking sector in India?
1) NSE
2) SEBI
3) ISRO
4) NABARD
5) SIDBI

21. Who was honored with this year's Confucius Peace Prize given by China?
1) Angela Merkel
2) Barack Obama
3) Vladimir Putin
4) Manmohan Singh
5) None of these

22.Who headed the committee on Tax Reforms?
1) Vijay Kelkar
2) Raja Chellaiah
3) Y.V.Reddy
4) Usha Thorat
5) None of these

23. Rohan Bopanna excelled in which of the following sports/ games?
1) Chess
2) Squash
3) Golf
4) Lawn Tennis
5) Table tennis

24. Which of the following is a food crop?
1) Cotton
2) Jute
3) Maize
4) Castor
5) Sun hemp

25.Vedanta Resources is related to which of the following areas?
1) Banking
2) Mining
3) Textiles
4) Cement
5) None of these

26. Which of the following terms is used in Banking?
1) Zero Hour
2) Equinox
3) Epicenter
4) Interest Rate Swap
5) Privilege Motion

27.Who is the author of the book 'Half a Life'?
1) V.S.Naipaul
2) Ved Mehta
3) Ved Marwah
4) Mark Tully
5) None of these

28.Which is the largest producer of power in India?
1) Adani Power
2) Tata Power
3) NTPC
4) Reliance Power
5) None of these

29.Parupalli Kashyap is associated with which of the following sports?
1) Athletics
2) Badminton
3) Chess
4) Squash
5) None of these

30.Golden Globe Awards are associated with which of the following fields?
1) Literature
2) Journalism
3) Films
4) Sports
5) None of these

31.Who is the author of the book 'Goodbye Shahzadi', a biography of Benazir Bhutto?
1) Asif Ali Zardari
2) Shyam Bhatia
3) Fatima Bhutto
4) Javier Moro
5) None of these

32.Jean Hersholt Humanitarian Award is bestowed on an individ-ual in the movie industry whose humanitarian efforts have brou-ght credit to show business. Who was given this award for the year 2011?
1) Shakira
2) Angelina Jolie
3) Oprah Winfrey
4) Jennifer Lopez
5) Julia Roberts

33.Which of the following is considered as the world's largest social security programme?
1) JNNURM
2) MGNREGA
3) IAY
4) VAMBAY
5) MMS

34.PAKSAT-1R, Pakistan's first communication satellite, was put into orbit by which of the following countries in August 2011?
1) USA
2) Iran
3) Russia
4) China
5) None of these

35.Who was appointed the Chairman and Managing Director (CMD) of Air India in August 2011?
1) Alok Misra
2) Rajiv Takru
3) Rohit Nandan
4) M.D.Mallya
5) None of these

36.Amar Kant is a renowned writer in which of the following languages?
1) Hindi
2) Kannada
3) Tamil
4) Oriya
5) None

37.J.Harinarayana is the chairman of which of the following institutions?
1) SEBI
2) IRDA
3) CCI
4) CII
5) None of these

38.Vijender Singh is associated with which of the following sports/ games?
1) Athletics
2) Shooting
3) Basketball
4) Archery
5) None of these

39.Which of the following is not a public sector bank?
1) Allahabad Bank
2) Bank of India
3) Bank of Maharashtra
4) South Indian Bank
5) Indian Bank

40.Who among the following is not a politician?
1) Omar Abdullah
2) Sachin Pilot
3) Kamal Nath
4) Kapil Sibal
5) K.C.Chakraborty

41.Somdev Devvarman is associated with which of the following sports?
1) Cricket
2) Hockey
3) Tennis
4) Football
 5) None of these

42.Which of the following banks headquarters is located in Kolkata?
1) UCO Bank
2) Syndicate Bank
3) Vijaya Bank
4) Canara Bank
5) Corporation Bank

43.Which of the following organizations is working for the welfare of women?
1) CRY
2) SEWA
3) FICCI
4) ASSOCHAM
5) None of these

44. Which of the following countries is not a member of SAARC?
1) India
2) China
3) Pakistan
4) Sri Lanka
5) Nepal

45.Which of the following terms is used in Banking?
1) Cold chain
2) Atomic Number
3) Current Account
4) Derby
5) None of these

46.Which of the following schemes provides good healthcare servi-ces in rural areas?
1) MGNREGA
2) IAY
3) ASHA
4) Kutir Jyothi
5) None of these

47.Which of the following is manufactured by POSCO?
1) Cement
2) Nuclear power
3) Steel
4) Textiles
5) None of these

48. Lee Myung-bak is the President of which of the following countries?
1) South Korea
2) Singapore
3) Philippines
4) North Korea
5) None of these

49.Who is the Railway Minister of India?
1) Jaipal Reddy
 2) Dinesh Trivedi
3) Mamata Banerjee
4) Ambika Soni
5) None of these

50.Which of the following books is written by Maxim Gorky?
1) The Mother
2) War and Peace
3) As You Like It
4) Hamlet
5) Othello

ANSWERS:

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

SOCIO ECONOMIC DEVELOPMENTS MCQs

SOCIO ECONOMIC DEVELOPMENTS

1. A customer can approach banking ombudsman if he does not get satisfactory response to his grievance from the bank within how many days?
A) 5
B) 20
C) 30
D) 40
E) None

2. National Civil Services Day in India is observed on-
A) April 23
B) April 24
C) April 18
D) April 21
E) None

3. CAG was in the news recently due to 2G spectrum scam. It stands for
A) Commissioner and Auditor General
B) Comptroller and Auditor General
C) Chief Auditor General
D) Chairman and Auditor General
E) None of these

4. FPO stands for?
A) Follow-on public offer
B) First public offer
C) Free public offer
D) Frequent public offer
E) None of these

5. The structure of Basel II is based on how many pillars?
A) One
B) Two
C) Three
D) Four
E) None of these

6. The Monetary and Credit Policy is reviewed by RBI after a gap of
A) One month
B) Three months
C) Six months
D) One year
E) None of these

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Banking Awareness MCQs for IBPS Clerk Exams

1. Which of the following statements is true?
a) The licence to open branches of bank is granted by Board of Directors of that Bank
b) There is no need of licenses to open branch of a bank
c) A licence to open a branch is issued by the Central Government
d) A licence to open a branch is issued by the Reserve Bank of India under the provisions of Banking Regulation Act, 1949

2. The important condition for granting licence of banking companies is?
a) Banking company need not plan to pay for future depositors
b) Banking company can plan for its capital structure once the licence is granted
c) The business undertaken by the banking company should not frustrate the interest of public
d) The banking company can undertake business other than banking with the permission of annual general body

3. Who of the following is not a party to the IPO?
a) Registrar of Issue
b) Investment Banker
c) Advertisement Agency
d) Registrar of Companies

4. Which of the following is not shown as an asset in the balance sheet of a Bank?
a) Investments
b) Advances
c) Cash Balances with other banks
d) Borrowings

5. The credit policy of a bank does not consists of?
a) Lending policies
b) Quality control
c) Loan product mix
d) Advertising of loan products

6. Which of the following is a function of the agent bank relating to flow of money in the process of loan syndication?
a) Receiving notices relating to cancellation of any part of the loan
b) Calling of loans in the event of default
c) Receiving the fee from the borrower and distributing among the participating banks
d) Receiving notices relating to transfers of banks

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CURRENT AFFAIRS 100 MCQs - Part 4

1. Which one of the following companies became the first major online retailer to offer cloud-based media storage and streaming to unlimited web or Android devices with a free basic plan?

a. Amazon
b. Roamans
c. LL BeAN
d. vita Coast
Answer: (a)

2. State-owned carrier Air India announced on 29 March 2011 that it completed the first milestone of its modernisation process with the migration of Air India and Indian Airlines to SITA's Horizon Passenger Service System (PSS). When did Air India sign contract with SITA for the same?
a. January 2011
b. March 2010
c. October 2009
d. April 2010
Answer: (d)

3. NYSE listed US-based International Paper decided to buy up to 75% stake in which of the following for up to $423 million, in the first significant domestic acquisition by a foreign paper company?
a. Abhinav Publications
b. Vinod Paper House
c. Ananda Paper House
d. AP Paper Mills
Answer: (d)

4. Sistema Shyam Teleservices issued over 54.73-crore equity shares to which of the following governments at 17.14 per cent stake against $600 million received in December 2010 on 30 March 2011?
a. Italian government
b. US government
c. Russian government
d. Philippines government
Answer: (c)

5. According to the tiger Census 2010, the number of tigers in India increased from 1411 to__.
a) 1706
b) 1672
c) 1511
d) 1611
Answer: (a) 1706

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