Friday, August 9, 2013

GENERAL AWARENESS PRACTICE MCQs FOR IBPS EXAMS

1. Rajiv Gandhi National Sadhbhavana Award recently conferred on ......
1) Lata Mangeshkar
2) Karan Sing
3) Amjad Ali Khan
4) Abdul Kalam
5) Veerappa Moily

2. Details of Bank of Baroda given. Pick the wrong statement.
1) Bank of Baroda was established in 1908.
2) Its logo has dual ‘B’ letter forms that hold the rays of the rising sun.
3) Maharaja Sayajirao Gaekwad is the founder of this bank.
4) It has largest number of ATM net work in India.
5) S.S.Mundra is the present Chairman of Bank of Baroda.

3. Statements relating to Bank of Baroda given. Pick the incorrect statement.
1) Bank of Baroda head office is in Mumbai.
2) BOB Cards limited, BOB Capital Markets Ltd and Nainital Bank Limited are its subsidiaries.
3) CNBC TV18 conferred the ‘India Best Banks and Financial Institutions Awards 2012’ award on Bank of Baroda.
4) Bank of Baroda was nationalized in the year 1980.
5) It recently opened 100th overseas office in Dubai on 28th March 2013.

4. Which bank in India provides rural counseling, financial literacy and other services, are now operational in 52 centers under the name of Grameen Paramarsh Kendras?
1) SBI
2) Indian Bank
3) Bank of Baroda
4) Bank of India
5) ICICI

5. 'India's International Bank' is the punch line of .........
1) Indian Bank
2) Bank of India
3) Indian Overseas Bank
4) Bank of Baroda
5) None

6. On 22 June 2013, which bank inaugurated the national pilot agri-loan factory at Himatnagar in Gujarat?
1) Andhra Bank
2) Karnataka Bank Ltd
3) ICICI
4) BOI
5) Bank of Baroda

7. Legal & General (UK), Andhra Bank and which another Indian Bank commenced a Life Insurance joint venture by name M/s India First Life Insurance Co Ltd?
1) Allahabad Bank
2) Bank of Baroda
3) Central Bank of India
4) Tamilnadu Mercantile Bank
5) Union Bank of India

8. 'Relationship beyond banking' is the punch line of ............
1) United Bank of India
2) Union Bank of India
3) Bank of India
4) ICICI Bank
5) None

9. Bank of India head office is at Mumbai. It was nationalized in ........
1) 1955
2) 1969
3) 1980
4) 1993
5) 2000

10. Which is the first nationalized bank in India to start the fully computerized branch?
1) Bank of Baroda
2) Indian Bank
3) Bank of India
4) ICICI
5) Axis bank

11. Which is the first nationalized bank in India to start ATM in 1989 in Mumbai?
1) SBI
2) SBM
3) Bank of India
4) Syndicate Bank
5) None

12. First Indian bank to open a branch outside the country, at London, in 1946 is....
1) Bank of India
2) Bank of Baroda
3) Indian Bank
4) ICICI
5) Axis Bank

13. 'Star Union Dai-ichi Life Insurance Co. Ltd' is the joint venture of Union Bank of India, Dai-ichi Mutual Life Insurance Company and ..........
1) Allahabad Bank
2) Punjab National Bank
3) Canara Bank
4) Bank of India
5) None

14. India's 4th largest Public sector bank is ...
1) State Bank of India
2) Bank of Baroda
3) Punjab National Bank
4) Bank of India
5) Indian Overseas Bank

15. Smt. V. R. Iyer is the Chairman of ......
1) Corporation Bank
2) Indian Overseas Bank
3) Dena Bank
4) Bank of India
5) Allahabad Bank

16. 'ABHAY' is the credit counseling center of .........
1) Bank of India
2) Bank of Maharashtra
3) IDBI
4) Indian Bank
5) HDFC

17. On 11 June 2013, RBI raised the limit for online repatriation of export proceeds to...
1) $ 20000
2) $ 15000
3) $ 40000
4) $ 5000
5) $ 10000

18. RBI made it mandatory for units in Special Economic Zones to repatriate full value of exports within..
1) 18 months
2) 6 months
3) 12 months
4) 24 months
5) None

19. On 25 June 2013 CRISIL launched a financial inclusion index. It is .......
1) Financial hub
2) Financial X
3) Financial Teller
4) Financial Pro
5) Financial Inclusix

20. As per CRISIL index on Financial inclusion which part of India is top in the financial inclusion?
1) South India
2) North India
3) West India
4) East India
5) None

21. Top three States/ Union territories in terms of financial inclusion are ...... as per CRISIL index.
1) AP, Kerala and Karnataka
2) Kerala, UP and AP
3) Puducherry, AP and Kerala
4) Goa, AP and Kerala
5) Puducherry, Chandigarh and Kerala

22. To whom the Central Govt. had given ample powers to tackle ponzi schemes?
1) RBI
2) IRDA
3) Para Military forces
4) NIA
5) SEBI

23. Rajat Gupta is accused in ..........
1) Debit card scam
2) Cricket match fixing scam
3) Insider trading scam
4) KYC scam
5) None

24. To promote marketing reforms Committee of State Ministers had given recommendations to Agriculture Minister on 3 July 2013. Locate the correct option.
1) Committee of State Ministers under the chairmanship of Harshvardhan Patil submitted the recommendations
2) Setting up of multiple and competitive marketing channels mooted
3) Independent regulatory authority to encourage private investors is urgently called for
4) Setting up of independent district level authority for registration and dispute settlement
5) All of above

25. Statements relating to IFCI given. Locate the wrong option.
1) IFCI means Industrial Finance Corporation of India.
2) It was established on 1 July 1948 under the Industrial Finance Corporation Act of 1948.
3) It provides medium and long term financial assistance to large scale industrial undertakings.
4) It was overtaken by ICICI in 2012.
5) Santosh B Nayar is the new CEO of IFCI.

26. As per the recent report published by FATF, an inter-governmental body, India has addressed shortfalls in its black money fight. Expand the term FATF.
1) Financial Action Task Force
2) Financial Activity Task Force
3) Financial Advancement Task Force
4) Financial Alternatives Task Force
5) None

27. IRDA (Insurance Regulatory Development Authority) removed ....... percent investment limit on reverse repo transactions for insurance companies on 3 April 2013.
1) 20
2) 15
3) 5
4) 10
5) 50

28. The facts relating to WTO given. Pick the wrong statement.
1) World Trade Organization was established on 1 January 1995.
2) Its Headquarters is at Geneva, Switzerland.
3) European Union recently put a complaint with WTO as the recycling fee imposed by Russia solely on auto imports.
4) As per the WTO trade statistics, India's share in the global merchandise exports stood at 1.60% in 2012.
5) None

29. Share of merchandise exports in the overall GDP of India in 2011-12 is ........
1) 12.4%
2) 9.3%
3) 10.2%
4) 17.7%
5) None

30. 9th WTO Ministerial Conference will be held in ........ from 3-6 December 2013.
1) Beijing
2) New Delhi
3) Jakarta
4) Bali
5) Tokyo

31. 29th Annual Meeting of the World Economic Forum (India Chapter) on 8-9 November 2013 will be hosted by which of the following Indian cities?
1) Mumbai
2) Kochi
3) Hyderabad
4) Chennai
5) Delhi

32. ICC ODI world cup 2015 will be co-hosted by .......
1) India and Pakistan
2) England and Ireland
3) South Africa and Zimbabwe
4) Australia and New Zealand
5) Sri Lanka and Bangladesh

33. Aparajita Datta, the Indian wildlife biologist was conferred with Whitley award. It is also called as...
1) Green Oscar
2) White Oscar
3) Blue Oscar
4) Red Oscar
5) None

34. The Sholapur thermal power project of NTPC is facing agitation from farmers seeking higher compensation for their land. This project is situated in .............
1) Goa
2) Karnataka
3) Gujarat
4) Bihar
5) Maharashtra

35. Recently the Union Rural Development Ministry approved Rs 4,130 cr. for the construction of rural roads in which of the following state?
1) Uttarakhand
2) Maharashtra
3) Bihar
4) Andhra Pradesh
5) None

ANSWERS:

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