Saturday, November 3, 2012

IBPS CLERKS CWE GENERAL AWARENESS MODEL PRACTICE QUESTIONS



1. Which among the following statements is incorrect?
1) RBI is a Banker to the Government of India
2) RBI frames and administers the Monetary Policy of India
3) RBI imposes taxes when the deposits of banks are decreased
4) RBI deals with the borrowing programs of Government of India
5) None

2. On 6 September 2012, World Bank approved $ 106 million loan to India to improve?
1) roads in the Naxalites affected states
2) the drinking projects in the remote corners of North Eastern states, which are badly affected during the summer
3) the conditions of Tribal people in the hilly regions of Uttarakhand and Himachal Pradesh

4) the school education among the poor
5) the nutritional outcomes for children less than six years of age, with a particular focus on 0 - 3 year old children

3. Which bank launched a mobile wallet 'Mobicash' in partnership with Oxigen Services (India)?
1) Dhanalakshmi Bank 
2) HDFC
3) State Bank of India
4) Corporation Bank
5) United Bank of India

4. Andhra Bank's head office is at Hyderabad. Pick the correct statement relating to Andhra Bank?
a) Andhra Bank was founded by the eminent freedom fighter, Dr. Bhogaraju Pattabhi Sitaramayya

b) The Bank commenced business on 28th November 1923 with an authorised capital of Rs. 10.00 Lakhs
c) Andhra Bank's new mascot is Dolphin named as DOLLe.
d) Friendly, Intelligent, Responsive are the mascot slogans of this bank
1) a b c d
2) a b d
3) a b c
4) b c d
5) b c

5. From Jan 2010, with which bank, Bank of Baroda and Legal & General (UK) commenced a Life Insurance Joint Venture by name M/s India First Life Insurance Co Ltd?
1) Andhra Bank
2) Allahabad Bank
3) Union Bank of India
4) United Bank of India
5) ICICl

6. International Day of Rural Women is?
1) September 15
2) July 15
3) December 15
4) October 15
5) November 15


7. New Appointments are given. Pick the wrong one?
1) Director-General of the Central Reserve Police Force (CRPF) - Pranay Sahay
2) Goodwill Ambassador of the United Nations Environment Programme (UNEP) - Pavan Sukhdev
3) Libya Prime Minister - Ali Zeidan
4) Maldives President - Mohamed Ould Abdel Aziz
5) Chairman of the Institute of Rural Management at Anand (Gujarat) - Deep Joshi

8. Which among the following term not used in Economics?
1) Elasticity
2) WPI
3) Continental Drift
4) Balance of Trade
5) Fiscal Deficit

9. President of India flagged off Solar Passenger car on 4 September 2012, designed by a team of?
1) Delhi Technological University
2) Jawaharlal Nehru University
3) IIT Bombay
4) NIT, Warangal
5) Osmania University

10. US open details given. Pick the wrong one?
1) Andy Murray (USA) won men's title
2) Serena Williams (USA) won women's title
3) Sara Errani (Italy) and Roberta Vinci (Italy) won women's Doubles
4) Bryan Brothers (USA) won Men's Doubles
5) Ekaterina Makarova (Russia) and Bruno Soares (Brazil) won mixed doubles

11. What is meant by Public Sector Bank?
1) The bank runs by the government having the Directors elected by the public
2) The Bank gives the accounts to Government only but not private individuals
3) Government of India or RBI or both have the least 51 % shares in the bank
4) More people visit these banks
5) None

12. How many Public Sector banks are there presently in India?
1) 24
2) 35
3) 26
4) 100
5) 51

13. Largest Public Sector bank in India?
1) Punjab National Bank

2) State Bank of India
3) Canara Bank
4) Oriental Bank of Commerce
5) Punjab National Bank

14. Public Sector banks include?
1) 19 nationalized banks + State Bank of India + 5 SBI Associates + IDBI
2) 19 nationalized banks + State Bank of India + 6 SBI Associates
3) 20 nationalized banks + 6 Private Banks
4) 14 nationalized banks + 6 SBI Asscoiates + 6 Private Banks
5) 20 nationalized banks + State Bank of India + 5 Private Sector Banks + IDBI

15. Which commission distributes the taxes between centre and states?
1) Planning Commission

2) Board of Direct Taxes
3) Finance Commission
4) National Development Council
5) National Advisory Council

16. 13th Finance Commission Chairman is?
1) Vijay.C.Kelkar
2) Harinarayana.J.
3) Yogesh Agarwal
4) Rahul Kullar
5) U.K.Sinha

17. 13th Finance Commission runs between?
1) 2010 - 15
2) 2015 - 20
3) 2007 - 12
4) 2012 - 17
5) 2010 - 22

18. The 13th Finance Commission recommended how much share to states from net proceeds of the shareable Central taxes?
1) 12%
2) 50%
3) 45%
4) 48%
5) 32%

19. The Man Booker Prize details given. Pick the correct statement?
1) The prize given to the novels written in the English language
2) The Prize founded by Man Group of London
3) 2012 winner is Hillary Mantel (UK) for her book 'Bring up the Bodies'. She also received the same prize in 2009 for her novel 'Wolf Hal'.
4) Hillary Mantel is the first woman to receive the award twice
5) All of above

20. Which among the following Indians not received the Man Booker Prize?

1) Aravind Adiga
2) Kiran Desai
3) Kushwanth Singh
4) Arundhati Roy
5) None

21. List of Abbreviations given. Pick the wrong one?
1) NALSA - National Legal Services Authority
2) CCMB - Centre for Cellular and Mammal Biology
3) RNTCP - Revised National Tuberculosis Control Program
4) TCAS - Traffic Collision Avoidance System
5) ICICI - Industrial Credit and Investment Corporation of India Limited

22. Marcus Agius resigned following the Libor inter - bank lending rate scandal. He was the chairman of?
1) Standard Charted Bank
2) Citi Bank
3) Barclays Bank
4) HSBC
5) Common Wealth Bank of Australia

23. The College of Agricultural Banking at ...... rains staff of co-operative and commercial banks, including regional rural banks. This college runs by Reserve Bank of India?
1) Mumbai
2) Hyderabad
3) Kanpur
4) Chennai
5) Pune

24. Reserve Bank of India is funding to encourage advance training and research on banking issues, economic Growth. It is funding National Institute of Bank Management (NIBM) at?
1) Delhi
2) Kolkata
3) Pune
4) Hyderabad
5) Indore

25. Where is the Indira Gandhi Institute of Development Research (IGIDR)?
1) Hyderabad
2) Bhopal
3) Mumbai
4) Thiruvananthapuram
5) Kanyakumari

ANSWERS:

1-3; 2-5; 3-3; 4-1; 5-1; 6-4; 7-4; 8-3; 9-1; 10-1;
11-3; 12-3; 13-2; 14-1; 15-3; 16-1; 17-1; 18-5; 19-5; 20-3;
21-2; 22-3; 23-5; 24.3; 25-3.