Saturday, May 26, 2012

GENERAL AWARENESS PRACTICE MCQs


1. The Govt of India has decided to declare which of the following rivers a National River?
a) Brahmaputra
b)
Yamuna
c)
Ganga 
d)
Kaveri    
e)
None of these

2. Who amongst the folIowing economists gave the concept of "economies of scale", which says "many goods and services can be produced more cheaply in long series"?

a) Edward C Prescott
b)
Amartya Sen
c)
Gary S Becker
d)
Edmund S Phelps
e)
Paul Krugman


3. Very often we read in newspapers/magazines about "Sovereign Wealth Funds". Which of the following is/ are the correct description of the same?

(A) These are the funds or the reserves of a government or central bank of a country which are invested further to earn profitable returns.
(B) These are the funds which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several years.
(C) The funds which are created to be used as relief funds or bailout packages are known as sovereign funds.
a) Both B & Conly
b)
Only B
c)
Only C
d)
Only A
e)
None of these

4. Very often we read about Special economic Zones (SEZs) in newspapers. What is the purpose of promoting SEZs in India?

(A) They are established to promote exports.
(B) They are established to attract investments from foreign countries.
(C) They are established to help the poorest of the poor in India as the activities of these zones are reserved only forthe poors and those living below poverty line.
a) Only A    
b)
Only B
c)
Only C
d)
Both A & B only
e)
None of these

5. The ratio of the Cash Reserves that the banks are required to keep with the RBI is known as

a) Liquidity Ratio    
b)
SLR
c)
CRR    
d)
Net Demand & Time Liability
e)
None of these

6. The-Govt ofIndia in order to provide some relief to the exporters announced a relief-package of Rs

a) 1000 cr
b)
2500 cr
c)
4000 cr    
d)
5000 cr
e)
7000 cr

7. The availability of cash and other cash-like marketable instruments that are useful in purchases and investments are commonly known as

a) Cash crunch
b)
Liquidity
c)
Credit
d)
Marketability
e)
None of these

8. The White Tiger is a book written by

a) Amitav Ghosh    
b)
Arundhati Roy
c)
VS Naipaul    
d)
Kiran Desai
e)
Aravind Adiga

9. Besides USA and France, India has a Civil Nuclear Deal with

a) Britain    
b)
Russia
c)
Germany 
d)
Canada
e)
Australia

10. Jnanpith Award is given for excellence in the field of

a) Music    
b)
Literature    
c)
Sports
d)
Films    
e)
Social Services

11. As per newspaper reports, India's trade gap has been showing a negative growth for the last few months. "Trade Gap" means what?

a) Gap between total GDP and total consumption
b)
Gap between total imports and total exports
c)
Gap between available liquidity and expected demand in next five months
d)
Gap between budgeted revenue collection and actual collection of the same
e)
None of these

12. 'Equity schemes managed strong NAV gains, which, boost their assets' was a news in some financial newspapers. What is the full form of the term NAVas used in above head lines?

a) Nil Accounting Variation
b)
Net Accounting Venture
c)
Net Asset Value
d)
New Asset Venture
e)
None of these

13. As per reports published in various newspapers, mutual fund companies showed 94 per cent growth in their total profits during 2009-10. This means the profits earned by these companies were 94 per cent

a) in their total investments they made collectively during the year
b)
more than their profits during previous year
c)
of the total capital of the company
d)
less than the total expenditure of the companies
e)
None of these

14. As per the reports published in some major news papers "ADAG companies" made good profits during the year. ADAG companies are popularly known as

a) Companies owned by Tata Group
b)
Aditya Birla Companies
c)
Reliance Companies
d)
Companies owned by Aptech
e)
None of these

15. "Mutual Funds reported exceptional performance in 2009-10" was the news in major financial news papers recently.  What is a mutual fund?

A. A type of collective investment scheme that pools money from many investors and invests it in stocks, bonds or other money market instruments.
B. It is a subsidiary of a bank or financial company created specially to raise money to be invested in a particular industry, ie housing or insurance etc. The money raised thus cannot be invested anywhere else.
C. When several banks and financial companies come together and create a common pool of money to fund mega infrastructural project like bridges, roads, power plants etc, the common pool is known as Mutual Fund.
a) Only A
b)
Only B
c)
Only C
d)
All A, B & C
e)
None of these

16. We very frequently read about Europe's sovereign debt crisis these days. Which of the following statements/is/are true about the same?

A. In early 2010 the Euro crisis developed in some countries like Greece, Spain and Portugal.
B. This created a credit default swap between the countries of the European Union ..
C. SAARC countries have offered some assistance to some of the severely affected countries like Portugal, Spain and Greece.
a) Only A
b)
Only B
c)
OnlyA & B
d)
All A, B & C
e)
None of these

17. As per the announcement made by the RBI, some Stock Exchanges in India are allowed to introduce Plain Vanilla Currency Options. The term Plain Vanilla Currency Options is associated with which of the following activities/operations?

a) Dollar-Rupee Exchange Rate
b)
Floating of Commercial Papers
c)
Launch of new mutual funds
d)
Deciding the opening price of a share on a particular" business day
e)
None of these

18. The process of "Artificial Application of Water to the soil usually for assisting in growing crops" is technically known as

a) water harvesting
b)
irrigation
c)
water recharging
d)
percolation
e)
none of these

19. Waste Water generates which of the following gases. which is more powerful and dangerous than C02?

a) Nitrogen    
b)
Sulphur dioxide
c)
Hydrogen
d)
Methane
e)
None ofthese

20. Which of the following days was observed as World Water Day 2010?

a) 20th June
b)
22nd July
c)
22nd March
d)
20th May
e)
None of these

21. "Indira Gandhi Canal", which is around 450 km long, provides irrigation facility mainly to which of the following states?

a) Punjab
b)
Haryana
c)
Madhya Pradesh
d)
Gujarat
e)
Rajasthan

22. Who amongst the following is the director of the popular Hindi film "OyeLucky ! Lucky Oye"?

a) Mani Ratnam    
b)
David Dhavan
c)
Dibakar Banerjee    
d)
R Balakrishnan
e)
None of these

23. Which of the following is NOT a missile developed by the Defence Research and Development. Organisation (DRDO) ?

a) Shaurya
b)
Pinaka
c)
Brahmos
d)
Agni    
e)
Nag

24. Which ofthe following metals is used for generation of Nuclear Energy by most of the Nuclear Power Plants?

a) Zinc    
b)
Platinum    
c)
Uranium
d)
Nickel    
e)
None of these

25. Indus Water Treaty is a pact on' sharing of river water between India and

a) Bangladesh    
b)
Pakistan
c)
Nepal
d)
Afghanistan
e)
Myanmar

26. Which of the following is/are considered a Renewable Source of Energy?

A. Wind Energy
B. Solar Energy
C. Nuclear Energy
a) OnlyA  
b)
OnlyB
c)
OnlyC
d)
Only A & B
e)
All A, B' & C

27. Mrs. Pratibha Patil is the _______the President of India 

a) 10th President of India
b)
11th President of India
c)
12th President of India
d)
1st President of India
e)
15th President of India

28. How many intertwined rings are shown in the Olympic Flag used these days in the games?

a) Five
b)
Six   
c)
Seven
d)
Three
e)
None of these

29. India's 'Look East' trade policy is designed to help particularly members of which of the following group of nations?

a) SAARC    
b)
ASEAN
c)
WTO
d)
NAT
e)
EU

30. Which of the following countries has signed a 22-Point Agreement with Madhesi People's Right Forum (MPRF)?

a) China    
b)
Nepal    
c)
India
d)
Bangladesh    
e)
Myanmar

31. 'Brahmos' is designed to be used by which of the following?

a) Indian Navy
b)
Indian Army
c)
Indian Air Force
d)
Border Security Force
e)
All of these

32. Which of the following agencies/organisations is setting up India's first Natural Resource Data Centre in Kolkata?

a) RBI 
b)
SEBI
c)
NABARD
d)
S~C    
e)
BARC

33. The Finance Minister ofIndia recently made a mention that Infrastructure Development in India should be done on PPP model only. What is the full form of'PPP'?

a) Purchasing Power Parity
b)
Public Private Partnership
c)
Purchase Produce Provide
d)
People's Programme & Priority
e)
None of these

34. The Global Non-Violence Day was observed on which of the following days?

a) 15th August
b)
14th November
c)
19th September
d)
2nd October
e)
30th January

35. The period for 11 th Five Year Plan is

a) 2005-10
b)
2006-11    
c)
2007-12
d)
2008-13    
e)
None of these

36. Who amongst the following has played the main/lead role in the film Chak De India?

a) Abhishek Bachchan    
b)
Salman Khan
c)
Aamir Khan    
d)
Shah Rukh Khan
e)
None of these

37. 'Ranji Trophy' is associated with the game of

a) Hockey    
b)
Football
c)
Badminton
d)
Cricket
e)
Tennis

38. Which ofthe following awards is given for excellence in literary work?

a) Bharat Ratna
b)
Shanti Swamp Bhatnagar Award
c)
DronacharyaAward
d)
Arjuna Award
e)
Pulitzer Prize

39. Roger Federer, who won the US Open 2007 Tennis Championship, is a citizen of

a) Belgium
b)
France
c)
Russia
d)
USA    
e)
Switzerland

40. Which of the following awards is NOT a 'Gallantry I Award'?

a) Mahavir Chakra    
b)
Vir Chakra
c)
Vishista Sewa Medal
d)
Ashok Chakra
e)
Saraswati Saminan

41. As per the to Commerce Ministry data released on 2 January 2012, India’s exports recorded their slowest pace of growth in two years in November 2011. What was the per centage of growth recorded?

a) 4.2%
b)
3.8%
c)
2.2%
d)
0.94%

42. The capital market regulator SEBI on 3 January 2012 allowed auctioning of securities through stock exchanges and introduced a new method for institutional placement of stocks. Which of the following facts related to the above statement is/are not true?

1. Under the institutional placement programme (IPP), shares can be sold only to qualified institutional buyers.
2. There shall be at least 25 allottees in every IPP issuance. No single investor shall receive allotment for more than 25% of the offer size
3. The IPP method can be used to increase public holding by 10% and could be offered to only qualified institutional buyers with 25% being reserved for mutual funds and insurance companies
4. Under the IPP, companies will have to announce the ratio of buy-back, as is done in the case of rights issues and fix a record date for determination of entitlements as per shareholding on record date
a) Only 1
b)
Only 3
c)
Only 2
d)
Only 4

43. What is the Finace Ministry’s decision on the rates applicable on small savings instruments schemes that would be announced on April 1 each year?

a) rate would remain valid till the maturity of the scheme
b)
rate would change in the first qurter of that respective year
c)
rates would change depending on different maturity period
d)
rates would remainvalid for six months post the maturity

44. Scientists discovered unknown species off the coast of Antarctica. Consider the following statements: i) The temperature in this region rises to 380 degree Celsius. Ii) There is plenty of light in this region.

Which of the above statements is/ are correct?
a) Only i
b)
Only ii
c)
Both i and ii
d)
Neither i nor ii

45. Scientists produced artificial human semen to help infertile men.  Consider the following statements:

i) The scientists grew the sperm by enveloping the germ cells in a special compound called agar jelly.
ii) The artificial human semen could help infertile men father their own children.
Choose the right option:
a) Both i and ii are correct.
b)
Only i is correct.
c)
Only ii is correct.
d)
Neither i nor ii is correct.

46. Health Authorities in Australia recently detected Deadly Disease, Murray Valley Encephalitis.  The disease is caused by the__.

a) Flies
b)
Mosquitoes
c)
Birds
d)
Dogs

47. 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

48. 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

49.  India approved the acquisition of French advanced missile systems to arm the Mirage-2000 fighter jets. Consider the following statements:

i)  The cabinet committee on Security cleared the contract for the fire and forget MICA with French company MBDA.
ii) MICA are interception and aerial combat missiles.
Choose the right option:
a) Both i and ii are correct.
b)
Only i is correct.
c)
Only ii is correct.
d)
Neither i nor ii is correct.

50.  The Union government approved Katra-Quazigund Railway line project. The project is located in__.

a) Jammu and Kashmir
b)
Bihar
c)
Punjab
d)
Haryana

51.

(1) Theatre director, screenplay writer and actor Satyadev Dubey, credited with introducing existential and absurd theatre, passed away on 25 December 2011. Which facts about the concerned person is/are not true?
(2) he got attracted to the post-1947 theatre and joined Theatre Unit, the theatre group-cum-school founded by Ebrahim Alkazi
(3) Dubey came into prominence with Dharamvir Bharati’s radio-play Andha Yug that brought to the fore the pervasive criminal and homicidal tendencies during the times of war.
(4) He penned screenplays/dialogue of some acclaimed films in the 1970s, including Shyam Benegal's Nishant, Ankur, Kalyug and Bhumika
(5) He won the Filmfare Award for Best Dialogue in 1980 for the film Ankur
a) Only 1
b)
Only 4
c)
2 & 3
d)
Only 2

52. Lok Sabha on 27 December 2011 passed the Lokpal and Lokayukta bill, 2011. Consider the following statements:

i) The setting up of Lokayuktas by the states would not be mandatory.
ii) The constitutional amendment bill fell through.
Choose the right option:
a) Both i and ii are correct.
b)
Only i is correct.
c)
Only ii is correct.
d)
Neither i nor ii is correct.

53.

(1) Reserve Bank of India deregulated non-resident external (NRE) deposits on 16 December 2011 allowing banks  to offer higher interest rates to dollar-denominated accounts. Which of the following facts related to the above statement is/are not true?
(2) Reserve Bank freed the rates on non-resident external accounts, offering interest as high as 9.6% per annum
(3) Following RBI’s deregulation five Indian banks, including HDFC Bank and Yes Bank on 23 December 2011 raised their interest rates on such deposits in order to lure foreign money
(4) Private lender Yes Bank increased the interest rates on fixed deposits held by non-resident Indians (NRIs) to 8.4 per cent from 3.82 per cent
(5) The new rates are effective from 24 December for fresh deposits as well as those being renewed on maturity.
a) 1 & 2
b)
Only4
c)
Only 3
d)
1 & 4

54. According to the RBI data, India's foreign exchange reserves fell by what amount to $302.1 billion during the week ended 16 December  2011 on account of a fall in foreign currency assets?

a) $4.67 billion
b)
$3.33 billion
c)
$5 billion
d)
$5.75 billion

55. Telecom Commission, the decision-making body of the Department of Telecommunications recommended a uniform licence fee of what per cent of adjusted gross revenues (AGR) as against the prevalent rate of 6-8 per cent?

a) 10%
b)
8%
c)
5.2%
d)
9.3%

56.  NASA's Kepler mission discovered the first Earth-size planets orbiting a sun-like star outside our solar system. These planets are called ___ and____.

a) Kepler-20e; Kepler-20f
b)
Kepler-20a; Kepler-20b
c)
Kepler-20c; Kepler-20d
d)
Kepler-20m; Kepler-20n

57. Scientists at the Salk Institute for Biological Studies report discovered a missing link between the body’s biological clock and sugar metabolism system. Consider the following statements
i)
Sugar Metabolism is a process by which the body uses sugar for energy.
ii) If the human body produces too little insulin, the amount of sugar in the blood increases abnormally, a condition known as hyperglycemia.  Choose the right option:
a) Both i and ii are correct.
b)
Neither i nor ii is correct.
c)
Only i is correct.
d)
Only ii is correct.

58. Name the gene found by the neuroscientists, which could help in creating and altering memory.

a) Mpas 4
b)
Npas 4
c)
Npas 3
d)
Mpas 2

59. Name the Rashtriya Lok Dal (RLD) leader who was inducted into the Union Cabinet as civil aviation minister on 18 December 2011.

a) Ajit Singh
b)
Jayant Chaudhary
c)
Devendra Nagpal
d)
Sanjay Singh Chauhan

60. Popularly known as Adam Gondvi, this Hindi poet who  wrote revolutionary poetry focusing on the pathetic state of dalits and the poor breathed his last in Lucknow on 18 December 2011. Name the poet.

a) Bharat Bhusan
b)
Ram Nath Singh
c)
Uday Prakash
d)
Shail Chaturvedi
e)
Naresh Mehta

61. The Union cabinet of India on 22 December 2011 approved __ percent share for minorities within the 27% OBC quota in jobs and university seats.

a) 4.5
b)
5.6
c)
3.4
d)
5

62. The Manipur Legislative Assembly passed the Manipur Lokayukta Bill, 2011. Manipur will be the __state in North-Eastern India to have alegislation of Lokayukta.

a) Second
b)
Third
c)
First
d)
Fourth

63.

(1) Former Czech president Vaclav Havel who had been suffering from chronic respiratory problems died on 18 December 2011. Which of the following facts mentioned about him is/are not true?
(2) He was the tenth and last president of Czechoslovakia (1989–92) and the second President of the Czech Republic (1993–2003)
(3) He played a seminal role in the Velvet Revolution that ended four decades of repression by a regime which Havel ridiculed as Absurdistan.
(4) He co-authored the human rights manifesto Charter 77, which drew wide attention in the West.
(5) As president, he oversaw the country's transition to democracy and a free-market economy and also the peaceful 1993 breakup into the Czech Republic and Slovakia.
a) Only 3
b)
Only 1
c)
1 & 4
d)
Only 4

64. The enigmatic leader of North Korea Kim who led his nation for 17 years through a devastating famine while frustrating the United States and other global powers with approach to talks on giving up nuclear arms in return for food and other assistanceon died on 17 December 2011 after he suffered a massive heart attack. Name the leader

a) Kim Jong-il
b)
Kim Il-sung
c)
Kim Jong-un
d)
Kim Jong-chul

65. Which Controversial film based on the 116-year-old Mullaperiyar dam and directed by Sohan Roy made it to a shortlist for the Oscars under the Best Picture category?

a) Rio and The Muppets
b)
Undefeated
c)
Project Nim
d)
Dam 999

66. India and Australia on 16 December 2011 signed an agreement to amend DTAA (Double Taxation Avoidance Agreement).  DTAA was signed between India and Australia in__.

a) 1990
b)
1991
c)
1992
d)
1995

67. The Indian women's hockey team defeated Ireland 4-1 win to clinch the bronze medal in the four-nation tournament held in Parana, Argentina in December 2011. Which team won the gold medal?

a) South Africa
b)
USA
c)
Argentina
d)
Pakistan

68. Who defeated ace badminton player and World No. 4 Saina Nehwal of India in the women’s singles final of the $500000 BWF World Super Series badminton championship in China on 18 December 2011?

a) Zhang Ning
b)
Xie Xingfang
c)
Xu Huaiwen
d)
Wang Yihan

69. Which India striker was on 20 December 2011 voted Player of the Year by the All India Football Federation?

a) Sunil Chhetri
b)
Savio Medeira
c)
Kyrshan Lyngshing
d)
Babu Mani

70. Diesel consumption in Delhi declined by a startling 26% in 2010-11 compared to 2009-10. Delhi was however found to have used 2.24% more petrol in the same period. As per the latest Delhi government figures, the consumption of diesel in the city stood at what amount in 2010-2011?

a) 10.98 lakh metric tonnes
b)
7.5 lakh metric tonnes
c)
8.11 lakh metric tonnes
d)
6 lakh metric tonnes

71. Fears of continuing economic slowdown, lack of decision making at the centre, rising fiscal deficit combined with not-so-impressive revenue collections upset Dalal Street investors on 20 December 2011. Which of the foolowing facts  related to the above statement is/are not true?

1. Fears of continuing economic slowdown, lack of decision making at the centre, rising fiscal deficit combined with not-so-impressive revenue collections led to a 204 points loss in sensex that ended at 15175
2. The slide on 20 December 2011 was triggered by FII selling which recorded a net outflow of Rs 600 crore, taking the month’s total net outflow to about Rs 1700 crore.
3. The combined effect of the market’s slide and the depreciation of the rupee forced India to exit from the select group of countries with a $1 trillion market capitalization
4. There was not even a single ADR issue in 2011. However, companies raised about $220 million through GDRs (Global Depository Receipts) during 2011
a) Only 1
b)
3 & 4
c)
Only 3
d)
Only 2

72. Credit rating agency Moody's on 21 December 2011 upgraded the credit rating of the Indian government's bonds from the speculative to investment grade. Which of the following facts related to the above statement is/are true?

1. According to a release issued by the Finance Ministry, Moody's unified India's local and foreign currency bond ratings at Baa3
2. Moody's Investor Service upgraded its local currency rating for Indian government bonds to Baa3 which is speculative grade as compared to the earlier Ba1 which is junk or investment grade.
3. India's foreign currency bond ceiling is unchanged at Baa2, and the foreign currency bank deposit ceiling is Baa3. The local currency bond and bank deposit ceilings are unified at A1.
4. The government's local currency short-term rating has been changed to P-3 from NP, indicating the government's ability to repay short-term debts.
a) Only 2
b)
Only 1
c)
1 & 3
d)
Only 4

73. According to official data released here on 22 December 2011, food inflation dropped sharply to an almost four-year low of what per cent during the week ended 10 December indicating an overall easing of prices?

a) 1.5%
b)
1.32%
c)
1.81 %
d)
2.32%

74. Which of India's leading commodity bourses on 20 December 2011 became the world's fifth-largest commodity futures exchange?

a) National Multi Commodity Exchange of India
b)
Bharat Diamond Bourse
c)
Multi Commodity Exchange
d)
Bombay Stock Exchange

75. Ravi Ruia decided on 21 December 2011 to step down as chairman of which of the following London-listed after a trial court admitted a criminal chargesheet filed by the investigating agency, CBI?

a) Essar Energy
b)
Essar Shipping
c)
Essar Oil
d)
Eaasr Technologies

76. Which company won the award for Alternative Thinking and Driving Positive Change in the Fleet Owner category at the Mahindra Navistar Transport Excellence Awards 2011 at Hotel Ashok here on 20 December 2011?

a) Tata Motors
b)
Hero Group
c)
Edu Comp
d)
Agarwal Packers & Movers

77. Which PSU lender decided to aggressively market its gold loan scheme for farmers to prevent defaults after the agriculture sector witnessed a sharp spike in bad debt in the past one year?

a) Union Bank
b)
United Bank of India
c)
Industrial Development Bank of India
d)
State Bank of India

78. Who did the Central Government appoint as Chairman and Managing Director (CMD) of Andhra Bank?

a) B. A. Prabhakar
b)
O. P. Bhatt
c)
Pratip Chaudhuri
d)
S. Vishvanathan

79. The directorate general of hydrocarbons (DGH), the technical arm of the oil ministry approved which company’s proposal to commence production from Bhagyam, the second-largest oil field in the Rajasthan block?

a) Essar Oil
b)
ONGC
c)
Cairn India
d)
Indian Oil

80. Scientists discovered that the protein__ is responsible for regulating fatty acid oxidation in the liver and is critical for metabolism.

a) CPT1
b)
CTP1
c)
CTT1
d)
CPT2

81. British Scientists recently developed a technology to produce pocket TV. Consider the following statements:

i) Scientists developed a new form of light-emitting crystals, known as quantum dots.
ii) These tiny crystals are 100000 times smaller than the width of human hair.
Choose the right option:
a) Both i and ii are correct.
b)
Only i is correct.
c)
Only ii is correct.
d)
Neither i nor ii is correct.

82. Scientists developed a hydrogel that regenerate healthy and scar-free tissue on skin damaged by severe burns.  Consider the following statements:

i) The hydrogel helps in formatting of new blood vessels and skin including hair follicles.
ii) The injured soldiers, fire victims and people with third degree burns can avail of the gel.
Choose the right option:
a) Both i and ii are correct.
b)
Only i is correct.
c)
Only ii is correct.
d)
Neither i nor ii is correct.

83. The Sangita Kalanidhi M.S. Subbulakshmi Award was presented to whom at the inauguration of the 85th annual conference of the Music Academy in Chennai on 15 December 2011?

a) S.R. Nathan
b)
Trichy Sankaran
c)
Subramania Pillai
d)
Subramaniyam Iyer

84. The 40th anniversary of vijay diwas was celebrated on which day marking the finest hour of the Indian armed forces when they defeated Pakistan, leading to the creation of Bangladesh in 1971?
a) 12 December
b) 15 December
c) 16 December
d) 18 December

85. The Himachal Pradesh Cabinet on 15 December 2011 approved amendment to the state industrial policy. Consider the following statements:

i) The amended industrial policy seeks to promote environmentally sustainable development in the state and encourage cleaner production and adoption.
ii) Under this policy, disincentive industries will be put on negative list.
Choose the right option:
a) Both i and ii are correct.
b)
Only i is correct.
c)
Only ii is correct.
d)
Neither i nor ii is correct.

86. The Supreme Court of India directed Tamil Nadu to ensure that the water level in the Mullaperiyar dam does not exceed __but declined to entertain Kerala’s plea for reducing the level to__.

a) 136 feet; 120 feet
b)
120 feet; 136 feet
c)
140 feet; 112 feet
d)
150 feet; 140 feet

87. A parliamentary committee on 13 December 2011 rejected the proposal to allow what percentage foreign direct investment in the insurance sector?

a) 51%
b)
49%
c)
43%
d)
29%

88. According to data from research body All India Organisation of Chemists and Druggists (AIOCD), Indian drugmakers posted a certain per cent month-on-month growth in sales of November 2011 which was the highest in the past 14 months. What was the per cent of sales growth projected for the month?

a) 23%
b)
31%
c)
21%
d)
43%

89. The government waived loan of handloom weavers in India to help revive the sector under the scheme of Revival, Reform and Restructuring Package for Handloom Sector. What amount of loan was waived?

a) Rs 548.35 crore
b)
Rs 420.66 crore
c)
Rs 506.64 crore
d)
Rs 3521 crore

90. A committee on mutual funds, constituted by SEBI in december 2011 recommended to the regulator’s board to break down the bifurcation within the fee structure known as expense ratio. Which of the following facts are not true with regard to the above statement?

1. Currently  mutual funds are allowed to charge up to 2.25% as expense ratio. fund houses are allowed to accept only 1.25% as asset management charges
2. Funds with large corpuses currently charge 1.55% as expenses charges
3. SEBI was suggested to keep overall scheme expenses unchanged at 2.25% for schemes with assets under management not exceeding Rs 400 crore
4. Expense ratio is more than important in debt schemes where the rate of return is not hig.
a) 1 & 2
b)
3 & 4
c)
1 & 3
d)
Only 2
e)
None of the above

91.
Which player became the first player to win the Orders of Merit on both sides of the Atlantic on 11 December 2011 when he shot a closing 66 to finish third in the Dubai World Championship?
a) Luke Donald
b)
Alvaro Quiros
c)
Rory McIlroy
d)
Paul Lawrie

92. Which country defeated Spain 1-0 to win for the 4th time hockey’s Champions Trophy title on 11 December 2011?

a) Pakistan
b)
New Zealand
c)
Australia
d)
Greece

93. Name the woman squash player who on 10 December 2011 annexed the elusive women’s title while in the Senior National Squash Championship in Chennai.

a) Sarah Fitz-Gerald
b)
Dipika Pallikal
c)
Anaka Alankamony
d)
Sushma Pillai

94.

(1) The Centre for Development of Telematics (C-DoT) on 5 December 2011 transferred indigenously-developed Gigabit Passive Optical Network (GPON) technology to seven telecom equipment manufacturers. Which of the following facts about the technology is not true?
(2) The GPON technology is a pivotal component required for broadband connectivity over optical fibre.
(3) C-DOT indigenously designed and developed GPON technology, which can be used to provide triple play (voice, video and data) through fibre-based networks
(4) The GPON technology was tested, validated, field-evaluated and made operational in MTNL's/VSNL’s network in Ajmer (Rajasthan)
(5) The technology will help fulfil requirements of major national programmes like the National Optical Fibre Network and the State Wide Area Network.
a) Only 1
b)
Only 3
c)
1 & 4
d)
Only 4

95. Bank lending to the priority sector grew at what percentagein October 2011 on an annual basis due to lower offtake by agriculture and MSME segments as well as decline in micro credit?

a) 10%
b)
12%
c)
13.7%
d)
8.3%

96. With the inauguration of the first state-of-the-art ATDC-SMART (Skill for Manufacturing Apparels through Research and Training) in Egmore, Chennai, the Ministry of Textiles launched which of the following schemes?

a) National Technology Mission for Technical Textiles
b)
Integrated Skill Development Scheme
c)
Technology Upgradation Fund Scheme (TUFS) For Textile
d)
Rural Textiles Technology Development Skill


97. Which bank signed a memorandum of understanding with Life Insurance Corporation of India (LIC) to use the National Electronic Funds Transfer (NEFT) facility  to facilitate electronic funds transfer of policy payments to policyholders?

a) IDBI
b)
Corp Bank
c)
Indian Overseas Bank
d)
Dhanlaxmi Bank

98. World Aids Day is observed anually on 1 December 2011. What was the theme of World AIDS Day 2011?

a) Getting to Zero
b)
Stigma and Discrimination
c)
Women & AIDS
d)
Force For Change: World AIDS Campaign With Young People

99.

(1) An icon of Indian cinema and evergreen star Dev Anand died at the age of 88 in London on 3 December 2011 (4 December according to IST) after suffering a massive cardiac arrest. Which of the following facts about him is/are not true?
(2) Dev Anand started his career with Prabhat Films' Hum Ek Hain (1946) soon after he joined IPTA
(3) Anand started producing films after the success of Ziddi. He launched his own company Navketan in 1949 which, by 2011, had produced 31 films
(4) His first colour film, Johny Mera Naam with Waheeda Rehman was based on the novel of the same name by R. K. Narayan
(5) The Government of India honoured him with the Padma Bhushan in 2001 and the Dadasaheb Phalke Award in 2002
a) 1 & 4
b)
Only 3
c)
2 & 4
d)
1 & 4

100. The Golden Peacock Award for the Best Film was given to which of the following films at the 42nd International Film Festival of India which came to an end at the Kala Academy in Panaji, Goa on 3 December 2011?

a) Russian film Elena
b)
an Israeli film Restoration
c)
Columbian Film Porfirio
d)
Malayalam film Adaminte Makan Abu
 

Answers
1. (c) 26. (d) 51. (b) 76. (d)
2. (e) 27. (c) 52. (a) 77. (d)
3. (d) 28. (a) 53. (c) 78. (a)
4. (d) 29. (b) 54. (a) 79. (c)
5. (c) 30. (b) 55. (b) 80. (a)
6. (d) 31. (b) 56. (a) 81. (a)
7. (b) 32. (c) 57. (a) 82. (a)
8. (e) 33. (b) 58. (b) 83. (b)
9. (b) 34. (d) 59. (a) 84. (c)
10. (b) 35. (c) 60. (b) 85. (a)
11. (b) 36. (d) 61. (a) 86. (a)
12. (c) 37. (d) 62. (b) 87. (b)
13. (b) 38. (e) 63. (b) 88. (c)
14. (c) 39. (e) 64. (a) 89. (d)
15. (a) 40. (e) 65. (d) 90. (d)
16. (a) 41. (b) 66. (b) 91. (a)
17. (a) 42. (c) 67. (c) 92. (c)
18. (b) 43. (a) 68. (d) 93. (b)
19. (d) 44. (a) 69. (a) 94. (b)
20. (c) 45. (a) 70. (c) 95. (a)
21. (e) 46. (a) 71. (d) 96. (b)
22. (c) 47. (c) 72. (a) 97. (d)
23. (a) 48. (a) 73. (c) 98. (a)
24. (c) 49. (a) 74. (d) 99. (b)
25. (b) 50. (a) 75. (a) 100. (c)

Friday, May 25, 2012

National Green Tribunal suspended Environment Clearance to the Srikakulam Thermal Power Plant

The National Green Tribunal suspended environment clearance to the thermal power plant in Srikakulam district in Andhra Pradesh on 24 May 2012. The tribunal also instructed the Union Environment Ministry to come with the final guidelines and site criteria for Thermal Power Plants urgently.
The tribunal was hearing petitions filed by 6 locals against the 2640 MW thermal power plant of Nagarajuna Construction Company. The petitioners had alleged that the land allotted for the thermal power plant is not suitable for the commercial use. They argued that the proposed plant will adversely affect the ecological system of the vicinity.
The tribunal in its findings mentioned that the existing guidelines to set up a thermal power plant don’t take notes of the factors that affect the environment and ecology today. The tribunal also quashed environment clearance to the 1200 MW thermal power plant in the Cuddalore district of Tamil Nadu.

Annual Conference on Disaster Management

Annual Conference of Relief Commissioners/ Secretaries, Department of Disaster Management of States/ UTs will be held on 28th May, 2012 in New Delhi to review the status of preparedness for dealing with crisis situations resulting from the South-west Monsoon, 2012 and to discuss other disaster management related issues. Representatives of concerned Central Ministries/ Organizations rendering Emergency Support Functions will also participate besides representatives of Central Armed Police Forces.

The Conference will be inaugurated by Shri R.K. Singh, Union Home Secretary and will be presided over by Shri A.E. Ahmad, Secretary (Border Management), Ministry of Home Affairs.

India Meteorological Department, Central Water Commission, Ministry of Defence, National Disaster Management Authority, Indian National Centre for Ocean Information Services, National Disaster Response Force, Snow and Avalanche Studies Establishment and Indian Space Research Organization will also participate in the conference. The role of these organizations in preparedness and further enhancement of their capabilities to deal with the disasters will be discussed. The various issues related to disaster preparedness and other disaster management relating to the States/UTs will be reviewed/discussed.

Sustaining the Environment

On completing three years in office the UPA Government recently released a ‘Report To The People’. The following achievements pertain to the Ministry of Environment & Forest and in the field of sustaining the environment.

National Action Plan on Climate Change
The National Action Plan advocates a strategy that promotes, firstly, the adaptation to climate change and secondly, further enhancement of the ecological sustainability of India’s development path. The eight missions under the PM’s Council on Climate Change are the Jawaharlal Nehru National Solar Mission, the National Water Mission, the National Missions on Enhanced Energy Efficiency, Sustainable Habitat, and Strategic Knowledge for Climate Change, and the National Missions for Sustaining the Himalayan Ecosystem, a Green India and Sustainable Agriculture.

Forest Conservation
An amount of Rs. 848 crore was released to State Level Compensatory Afforestation Fund Management & Planning Authorities to carry out protection, conservation and regeneration of natural forests in addition to compensatory afforestation. National Green Tribunal

The National Green Tribunal (NGT) was established in October, 2010 for effective and expeditious disposal of cases relating to environmental protection and conservation of forests and other natural resources including enforcement of any legal right relating to environment and giving relief and compensation for damages to persons and property. Delhi, Bhopal, Pune, Kolkata and Chennai are the five place of sitting of the NGT.

Mission Clean Ganga
Projects worth nearly Rs. 2,600 crore have been sanctioned by the National Ganga River Basin Authority (NGRBA). These include projects for development of sewer networks, sewage treatment plants and sewage pumping stations, electric crematoria, community toilets and development of river fronts.

Several innovations have been introduced for improved implementation of projects sanctioned by the NGRBA. These include Tripartite Memoranda of Agreements, project appraisal by independent institutions, Third Party Inspection, etc. State River Conservation Authorities have been constituted in the five Ganga basin States to facilitate better coordination and implementation of conservation activities at the State level.

The Central Government has secured World Bank assistance of US$ 1 billion for the NGRBA Programme. The World Bank project will support NGRBA’s immediate objective of Mission Clean Ganga.

Tiger Conservation
A detailed report on the country level status of tigers, co-predators and prey in India was released in July, 2011. This was the second round of country level snapshot assessment. The earlier estimation made in 2006 indicated that there were 1411 tigers in the country; the current estimates show that this number has increased by about 20% to 1706.

National Conference on Livlihoods for Persons with Disabilities

KM Acharya, Secretary Ministry of Social Justice and Empowerment has reiterated that much progress can be achieved in disability sector if Government and Private organisation work together. Shri Acharya was inaugurating National Conference on Livelihoods for Persons with Disabilities organized by the Office of the Chief Commissioner of Persons Disabilities (CCPD), Ministry of Social Justice and Empowerment and other partner organisation here today. Keeping in view the issues of people with disabilty Shri Acharya said a separate department for Person with Disability has already been formed on 14 May, 2012 which would be headed by Secretary-rank officer and will work along with the department of social justice under the Ministry.

The Union Minister of Social Justice and Empowerment Shri Mukul Wasnik whose address to the conference was read in-absentia,stressed upon the need for providing education and training to the disable people. "As per NSSO surveys 2002, only a small percentage of persons with disabilities were employed and had studied higher secondary or above. This shows that there is a huge task of providing appropriate education and training to Persons with Disabilities to make them employable," he said. Observing that effective inclusion of disabled people in the present work force is a pre-requisite of inclusive growth in the country, he said, "This will require very effective and coordinated efforts and convergence among various stakeholders in the Government, corporate and civil society,”.

Wasnik expressed confidence that all the stakeholders in this area would come up with new innovative ideas for generating livelihood options for disabled people. On amendments in the Disabilities Act as per United Nation Convention, he said, "In view of developments over last one and half decade and the approach of UN Convention on the Rights of Persons with Disabilities, government has decided to draft a new legislation for empowerment of Persons with Disability in harmony with the UN Convention."

Chief Commissioner for Persons with Disabilities Shri P.K Pincha while addressing the gathering emphasised on the need for exploring inherent and hidden potential of people with disability. He also stressed upon recognising their abilities and running massive training campaigns and sessions to make them more skilled.

On this occasion a web portal Jobability was also launched to generate awareness on available employment opportunities of disabled people and support candidates to build links with local employers and community stake holders in order to access training and opportunity for wage and self employment. The portal will also have online training programme to enhance their skill further.

As per the 2001 Census, there were 21.90 million Persons with Disability in the country which is 2.1 per cent of the total population. While 74.80 per cent of these people are located in rural areas, rest 25.20 per cent live in urban and semi-urban locations. Literacy rate of disabled people was estimated at 49.31 per cent and only 34.54 per cent were engaged in some kind of employment.

90% rural households will have tapped water system by 2022

The Government  said that 90 percent of all rural households in the country will be covered by tapped water system by 2022, as the focus now is shifted from the hand pump approach to the surface water supply system. Briefing the media after a two-day Conference of State Ministers in charge of Rural Drinking Water Supply and Sanitation, Rural Development Minister Shri Jairam Ramesh said here that at present only 35 percent households in rural India has piped water system. He informed that while Tamil Nadu and Himachal Pradesh have more than 80 percent rural areas covered by tapped water supply, in Uttar Pradesh and Bihar less than 10 percent areas are under the piped water scheme, as the focus in these North Indian States are more on hand pumps. Shri Ramesh said, due to absence of electricity in rural and extremely backward areas, some States have demanded solar-energy based drinking water system. He said that the Centre has already approved installation of solar-based water system in 10,000 villages of 78 naxal-affected districts with an outlay of 540 crore rupees and the project will be completed in 18 months. The Rural Development Ministry has sought 230 crore rupees as grant from the Finance Ministry for this project. The Minister said that naxal-affected Gadchiroli district in Maharashtra has already 200 solar-water systems. He said, form 12th Five Year Plan every person in rural India will get 55 litres of water per day as against the current entitlement of 40 litres and the same is 135 litres per person per day in Urban Areas, which the Minister described as biased in nature. Shri Ramesh said that from the 12th Plan, State Governments can spend up to 62 percent of the funds on improving the water quality, which is at present only 11 percent. He said, 60 districts have been selected including 20 in Uttar Pradesh to deal with the problems of water borne diseases like Japanese encephalitis and the diseases caused due to excessive arsenic, iron and fluoride in drinking water in the States like West Bengal, Rajasthan, Bihar, Jharkhand, Assam and Karnataka.On the Sanitation Issue, the Minister said that Total Sanitation Campaign will be changed to Nirmal Bharat Abhiyan and Rs.9,500 will be allocated for the toilet construction in the Gram Panchayats, nearly double the amount currently spent on individual latrines.

India and Netherlands sign Protocol Amending DTAC

The Convention between the Kingdom of Netherlands and the Republic of India for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income and on capital was signed on 30th July, 1988 (DTAC). Both India and Netherlands have concluded a Protocol to amend the Article 26 of the DTAC concerning Exchange of Information to bring it in line with the international standards.

On 10th May, 2012, India and Netherlands have signed the Protocol at The Hague, Netherlands. The protocol was signed by Ms. Bhaswati Mukherjee, Ambassador of India to The Netherlands and Mr. F.H.H.Weekers, state Secretary of Finance, Netherlands. The Protocol will replace the Article concerning Exchange of Information in the existing DTAC between India and Netherlands and will allow exchange of banking information as well as information without domestic interest. It will, now, allow use of information for non-tax purpose if allowed under the domestic laws of both the countries, after the approval of the supplying state.

PM chairs meeting to discuss recommendations of the Committee on Allocation of Natural Resources

The Prime Minister on May 25 convened a meeting of Ministers and Senior Officials to examine the Report of the Committee on Allocation of Natural Resources, commonly known as the Ashok Chawla Committee. The meeting was attended by the Finance Minister, Deputy Chairman Planning Commission and the Ministers of Petroleum and Natural Gas, Urban Development, Human Resource Development, Water Resources and Coal and the MoS of Environment and Forests. The Principal Secretary and Secretaries of all the concerned Departments attended the Meeting. The Secretary, Department of Economic Affairs made a presentation on recommendations of the Committee.

The Committee on Allocation of Natural Resources was constituted to examine the approach to allocating natural resources such as land, coal, minerals, petroleum, natural gas, etc. The purpose was to obtain recommendations which would enhance transparency, effectiveness and sustainability in the allocation, pricing and utilization of natural resources through open, transparent and competitive mechanisms and to suggest changes in the legal, institutional and regulatory framework to implement the recommendations.

The recommendations of the Committee had been examined by the Group of Ministers on corruption headed by the Finance Minister and the GoM had accepted 69 of the 81 recommendations. 11 recommendations were to be examined further.

At the end of the meeting it was decided that all the 69 agreed recommendations would be pursued for implementation by individual Ministries in a timely manner. Detailed timelines will be finalized.

Tuesday, May 22, 2012

BANK EXAMS GENERAL AWARENESS QUESTIONS

1) The Reserve Bank of India(RBI) in March 2012 hiked bank rate for Primary cooperative banks to
1) 10.5 percent
2) 9.5 percent
3) 5.5 percent
4) 8 percent
5) 7 percent
Ans. 9.5 percent
2) Which Indian City in March 2012 became the first one to provide guaranteed land titles by distributing property cards?
1) Hyderabad
2) Mysore
3) Mangalore
4) Ahmedabad
5) Chandigarh

Ans. Mysore
3) IT Company HCL technologies Ltd. in March 2012 signed a five year information technology outsourcing deal worth ------- with finnish recyclable product maker UPM.
1) $ 50 million
2) $ 100 million
3) $ 150 million
4) $ 250 million
5) $ 300 million

Ans. $ 300 million
4) The department of information technology in March 2012 has been renamed as ----
1) Department of electronics
2) Department of IT
3) Department of Electronics and IT.
4) All of the above
5) None of these

Ans.  Department of Electronics and IT

5) India in March 2012 banned --------- exports to ensure supplies for domestic industry.
1) Cotton
2) Sugarcane
3) Jute
4) Coffee
5) Tea
Ans. Cotton
6) Delhi government in March 2012 raised the price of compressed natural gas (CNG) by --- per Kg.
1) Rs 1
2) Rs 1.45
3) Rs 1.60
4) Rs 1.90
5) Rs 2.10

Ans. Rs 1.90
7) India in March 2012 announced ------ aid for skill development and education for the Afro-Asian Rural development organization (AARDO).
1) $ 100000
2) $ 150000
3) $ 200000
4) $ 250000
5) $ 300000

Ans. $ 200000
8) Thailand based dry bulk cargo specialist precious shipping public Co. Ltd. in March 2012 purchased three small dry cargo carrying ships owned by chennai based goodearth maritime for-------
1) $ 40 million
2) $ 49 million
3) $ 51 million
4) $ 56 million
5) $ 60 million

Ans. $ 51 million
9) India in March 2012 reduced the Railway  charges on Iron ore meant for exports by ---------
1) 4 percent
2) 8 percent
3) 12 percent
4) 16 percent
5) 20 percent

Ans. 16 percent
10) Morgan stanley in March 2012 invested about -------- in a project of Sheth Developers Pvt. Ltd. primarily to help the real estate firm refinance debt. It had taken to buy land in Mumbai.
1) $ 40 million
2) $ 50 million
3) $ 60 million
4) $ 80 million
5) $ 90 million

Ans. $ 90 million
11) Reliance Industry Ltd. in March 2012 increased its stake in Hospitality Firm EIH Ltd. to 18.53 percent by investing-----
1) Rs 100 Crore
2) Rs 124 Crore
3) Rs 171 Crore
4) Rs 192 Crore
5) Rs 216 Crore

Ans. Rs 192 Crore
12) Which drug maker in March 2012 received demand notices for Rs 424.64 Crore from the National Pharmaceutical Pricing Authority towards interest for alleged drug overpricing?
1) Cipla Ltd.
2) Ranbaxy
3) Dr. Reddy’s
4) Madikare
5) All of these

Ans. Cipla Ltd.

13) The Reserve bank of India in March 2012 bought --------- of government bonds through an open market operation.
1) Rs 5000 Crore
2) Rs 7198 Crore
3) Rs 9125 Crore
4) Rs 10776 Crore
5) Rs 11000 Crore

Ans. Rs 10776 Crore

14) India in March 2012 refused ton Provide its sovereign guarantee for oil imports from ----------
1) Syria
2) Afghanistan
3) Iran
4) Iraq
5) Saudi Arab

Ans.  Syria
15) In Budget 2012-13 , the government raised excise and service tax rates by 2 percent age points to ---- in order to shore up falling revenues.
1) 6 Percent
2) 8 Percent
3) 10 Percent
4) 12 Percent
5) 14 Percent

Ans. 12 Percent
16) Budget 2012-13  raised the basic customs duty on large vehicles from 60 percent to -------
1) 65 Percent
2) 68 Percent
3) 70 Percent
4) 72 Percent
5) 75 Percent

Ans. 70 Percent
17) In Budget 2012-13, expemption limit of income tax is raised to
1) Rs 1 Lakh
2) Rs 1.5 Lakh
3) Rs  2 Lakh
4) Rs 2.5 lakh
5) Rs 3 lakh

Ans. Rs  2 Lakh

18) Budget 2012-13 reduced the securities transaction tax by
1) 6 Percent
2) 10 Percent
3) 15 Percent
4) 20 Percent
5) 25 Percent

Ans. 20 Percent
19) Finance Minister in his budget 2012-13 Proposed to raise the target for agriculture loans in Fiscal 2013 to -----
1) Rs 4 trillion
2) Rs 4.8 trillion
3) Rs 5.3 trillion
4) Rs 5.75 trillion
5) Rs  6.2 trillion

Ans. Rs 5.75 trillion
20) Budget 2012-13 increased the Plan outlay for --------- by 18 Percent to Rs 20,208 Crore and announced a series of measures
1) Agriculture
2) Industry
3) Jute Sector
4) Non-organised Sector
5) All of these

Ans. Agriculture

21) In 2010-11 the share of agriculture in India’s gross domestic product was-----
1) 45 Percent
2) 39 Percent
3) 30 Percent
4) 21 Percent
5) 14.5 Percent

Ans. 14.5 Percent

22) The Finance Minister in Budget 2012-13 proposed to provide ---------- for capitalization of public sector, regional rural banks and Nabard
1) Rs 10000 Crore
2) Rs 12400 Crore
3) RS 14105 Crore
4) Rs 15888 Crore
5) Rs 17100 Crore

Ans. Rs 15888 Crore

23) Budget 2012-13 increased the plan outlay for Rural drinking water and sanitation by
1) 20 Percent
2) 23 Percent
3) 27 Percent
4) 31 Percent
5) 36 Percent

Ans. 27 Percent
24) Budget 2012-13 Proposed to upgrade -------- Medical colleges for the urban poor.
1) 15
2) 11
3) 8
4) 7
5) 3

Ans. 7

25) Which among the following is not a feature of Budget 2012-13 for the aviation sector?
1) Airlines be allowed to raise working capital through ECB’s
2) Exemption on Basis customs duty on spare parts
3) Air India Ltd. sees on infusion of Rs 4000 Crore
4) All of these
5) None of these

Ans. None of these

GENERAL AWARENESS PRACTICE QUESTIONS

1) As per the news published in the various news paper that china had to face its first "Trade Deficit" in six years.This means that china
1) did not earn as much from its exports as it had to pay for its imports.
2) earn much more than its expectations on its exports and paid very less or imports.
3) has decided to stop imports and exports for the time being as it is producing just enough for its consumption.
4) has failed to keep its commitment to supply goods as promised to various countries.The result is it may have to devalue its currency(yuan) as it lost its credit in the market

Ans 1

2) Iron ore is found in which of the following states in India?
1) Punjab
2) Rajasthan
3) Odisha
4) Jammu & kashmir
5) Uttar Pradesh

Ans 3

3) Who among the following is NOT a famous lawn Tennis player?
1) cara Black
2) Mike Bryan
3) Denis Ndiso
4) Sereme Williams
5) Leander Paes

Ans 3

4) The Union Budget 2012-13 presented to the LokSabha in March 2012 proposedto set up a Rs 5000 Crore India opportunities venture funds wuth which of the following bodies to enhance availability of equity to Micro, small and Medium enterprises?
1) NABARD
2) SIDBI
3) FICCI
4) ASSOCHAM
5) None of these

Ans 2

5) The Union Budget 2012-13 said thatto enable greater aaccess to finance by small and medium enterprises(SME), two SME exchanges were recently launched in
1) Chennai
2) Pune
3) Mumbai
4) Hyderabad
5) None of these

Ans 3

6) According to the Reserve bank of India annual policy statement 2012-13, the bank rate stands adjusted to what percent with immediate effect?
1) 8.5 percent
2) 9.0 percent
3) 9.5 percent
4) 8.0 percent
5) None of these

Ans 2

7) The Economic survey 2011-12 notes that capital to risk-weighted assets ratio(CRAR) of all bank groups both under Basel I and II remained well above the stipulated regulatory norm of --- in 2010-11
1) 3 percent
2) 6 percent
3) 9 percent
4) 12 percent
5) None of these

Ans 3

8) As per the Economic survey 2011-12, the major contributory factors to headline inflation during the current financial year include
1) Higher primary articles prices driven by vegetables, egg,meat and fish due to changing dietary pattern of consumers.
2) Increasing global commodity prices especilly metl and chemical prices.
3) Persistently high international crude petroleum prices in the last two years.
4) All of the above
5) None of these

Ans 4

9) The Railway Budget 2012-13 mentioned that railways has taken up the ionic infrastructure project of construction of dedicated freight corridors from Ludhiana?
1) Bhatinda
2) kapurthala
3) Dankuni
4) Wagah
5) None of these

Ans 3

10) Which among the following won the french Presidential elections on March 6,2012?
1) Nicolas sarkozy
2) Valery Giscard
3) Francois Hollande
4) Amadou toumani
5) None of these

Ans 3

11) Which of the following newspapers won the Pulitzer in National reporting category on April 16,2012?
1) The Huffington post
2) The Patriot News
3) New York times
4) The Philadelphia Inqeuier
5) None of these

Ans 1

12) Which among the following Indians were elected to the Pretigious fellowship of the royal society,Britian in April 2012?
1) Krishnaswamy Vijay Raghavan
2) Prof. Tejinder Singh
3) Varinder Singh Aggarwal
4) Shankar Balasubramanian
5) All of the above

Ans 5 

13) Which among the following has authored the book titled "Bitter Wormword" that was in news in April 2012?
1) Charles Allen
2) Easterine Kire
3) Pico lyer
4) Alain de Botton
5) None of these

Ans 2

14) Which among the following won the Asian Snooker Championship in doha on April 29,2012?
1) Pankaj Advani
2) Hossein Vafaei
3) Thawat Sujaritthurakarn
4) Aditya Mehta
5) None of these

Ans 4

15)
Which among the following was crowned as the Pantaloons Femina Miss India World 2012 on March 30,2012?
1) Prachi Mishra
2) Vanya Mishra
3) Rochelle Mario Rao
4) Hasleen kaur
5) None of these

Ans 2

GENERAL AWARENESS PRACTICE MCQs

1) Which of the following cups/trophies is NOT given for excellence in the game of badminton?
a) Uber Cup
b) Thomas Cup
c) Syed Modi memorial trophy
d) Aros junior Cup
e) Merdeka Cup

Ans e

2) Which of the following bills recently approved in the union cabinet
will help in better health services in the country?
a) Right to Better Health Services bill
b) National Health Care Bill
c) Clinical establishment(Registration and Regulation) Bill
d) Essential services Bill
e) None of these

Ans c

3) Which of the following schemes launched by the Govt. of India is a scheme to improve the performance of the agricultural sector?
a) National Horticulture Mission
b) Pulse Polio Adhiyan
c) old age pension Scheme
d) Bharat Nirman Yojana
e) None of these

Ans a

4) "LBW" is a term related to the game of
a) Badminton
b) cricket
c) Hockey
d) Football
e) None of these

Ans b

5) "saraswati samman" is an award given for excellence in the field of
a) Sports
b) Social service
c) Literature
d) Science and Technology
e) None of these

Ans c

6) "Heavy water" is used in which of the following fields?
a) Thermal Power
b) Cement
c) Iron and steel
d) Nuclear Power
e) None of these

Ans d

7) Which of the following is a Horticulture Crop?
a) Paddy
b) Wheat
c) Mango
d) Bajara
e) None of these

Ans c

8) Dr. Amartya Sen is a famous
a) Physicist
b) Chemical Engineer
c) Psychologist
d) Economist
e) None of these

Ans d

9) which of the following nations is considered the originator of the concept of Micro Finanace?
a) India
b) Bangladesh
c) South Africa
d) USA
e) None of these

Ans b

10) India's first transgenic crop was
a) Potato
b) Brinjal
c) Sugarcane
d) Bt. cotton
e) None of these

Ans d

11) Shanti Swarup Bhatnagar Award is given for excellence in the field of
a) Literature
b) Music
c) Sports
d) Science and Technology
e) None of these

Ans d

12) Govt. normally announce the Minimum Support Price(MSP) of
a) Wheat
b) Paddy
c) Sugarcane
d) Jute
e) All of the above

Ans e

13) At present Dr. D.Subba Rao is the
a) Governor of orissa
b) Deputy Chairman of the Planning Commission
c) Chairman of the FICCI
d) India's representative in IMF
e) Governor of RBI

Ans e

14) What is the full form of "ULIP"
a) Universal Life and Investment Plan
b) Unit Loan and Insurance Plan
c) Universal Loan and Investment Plan
d) Uniformly loaded Investment Plan
e) Unit Linked Insurance Plan

Ans e

15) very often we read in newspapers about 4G or 4th Generation Technology.This is a set of standards used by which of the following?
a) To Combat Climate Changes
b) Production of Nuclear energy
c) Film Production
d) Mobile Telecommunications
e) All of the above

Ans d

16) Which of the following companies is NOT in the field of Insurance business?
a) ICICI Prudential
b) Bajaj Alliance
c) Tata AIG
d) AEGON Religare
e) Royal orchid

Ans e

17) Many times we read that a corporate entity is in the process of raisingits capital base.Why is a company required to raise money to strengthen its capital base?
A) To finance its expansion plans
B) To finance its diversification plans
C) To Repay its loans and borrowings
1) only A
2) only B
3) only C
4) only A and B
5) All A,B and C

Ans 5

18) Many times we read in newspaper that a company is planning to bring public issue.what does it mean
a) Shares of the company will be issued only through public sector organisations like banks/central financial institutions etc.
b) Shares of the company will be issued to general public only through primary market.
c) This means some stakeholders/Promoters are willing to leave the company.Hence they wish to sell their stock to the general public
a) only A
b) only B
c) only C
d) All A,B and C
e) None of these

Ans b

19) Which of the following is NOT a function of a bank?
a) Providing Project Finance
b) Selling Mutual Funds
c) Deciding policy rates like CRR,Repo Rate/SLR etc.
d) Settlement of Payments on behalf of the customers
e) All of these are functions of bank.

Ans b

20)Which of the following is a form of "Small Savings Bank" popular among the poor or children?
a) Core Banking
b) Credit Banking
c) Debit Card
d) Merchant Banking
e) Piggy Banking

Ans e

GENERAL AWARENESS MCQs

1) India and which country on March 1,2012,decided to open a new chapter in bilateral cooperation by agreeing to undertake joint operations against pirates and sharing technological know how on seabed research?
1) China
2) Japan
3) Russia
4) New Zealand
Ans 1
2) A meeting at the prime minister office on Feb 29,2012, decided to increase the total expenditure on health to what percent of the GDP from the current 1.4 percent by the end of the coming 12th plan period?
1) 2.0 Percent
2) 2.5 Percent
3) 3.0 Percent
4) 4.0 Percent
Ans 2
3) India and which country recently announced to have resolved their longstanding issues of payments for export shipment?
1) Iran
2) Syria
3) Lebanon
4) Pakistan
Ans 1
4) The indigenously development advanced light-weight torpedo and the Akash missile system was on March 3,2012,handed over to the Navy and the Indian Air force respectively at a function in
1) Visakhapatnam
2) Hyderabad
3)  Pune
4) Kolkata
Ans 2
5) The golden Jubilee celebrations of Afro-Asian Rural development organization were held in New Delhi in March 2012.The AARDO president hails from 
1) India
2) Egypt
3) Morocco
4) South Africa
Ans 2
6) The National Association of Street vendors of India( NASVI ) and Nidan,an organization that supports unorganized workers,were on March 29,2012 honored with the skoll Award for social entrepreneurship by the skoll foundation in
1) Toronto
2) oxford
3) Paris
4) Frankfurt
Ans 2
7) Union minister for Rural development, Drinking Water and sanitation Jairam Ramesh in March 2012 announced a national award for sanitation and water in the name of Maharashtrian saint sant
1) Romesh Hatangadi
2) Gadge Baba
3) Suresh Bhagwan
4) Shiv sagar Baba
Ans 2
8) Who among the following, on march 11,2012,said he will be "Very Sad" if India boycotts the London Olympics following the row over sponsorship of the event by Dow Chemicals, linked to the Bhopal gas tragedy?
1) Barack Obama
2) David Cameron
3) Manmohan singh
4) Hillary Clinton
Ans 2
9) The high level safety review committee recently submitted its report to the Ministry of railways with a Number of recommendations,who is the chairman of this committee ?
1) C.Rangarajan
2) Lalu Yadav
3) Anil Kakodkar
4) Harish Rawat
Ans 3
10) In an important development on March 12,2012, the supreme court issued notices to nsix ministers and eight Indian Administrative services officers from
1) Andhar Pradesh
2) Karnataka
3) Kerala
4) Tamil Nadu
Ans 1
11) Which of the following was pointed by the union Finanace minister Pranab Mukherjee in March 2012 as one of the major challenges facing public sector banks(PSB) in emerging as potential global tenders?
1) Human Capital deficit
2) Human Capital deficit
3) Innovation deficit
4) Technology deficit
Ans 1
12) The Centre told the Supreme Court in March 2012 that it was Probing into the allegations that the former Chief Justice of India and his relatives amassed assets disproportionate to their Known sources of income.Who is the chief Justice in reference here?
1) K.G.Balakrishna
2) S.H.Kapadia
3) Altamas Kabir
4) Dalveer Bhandari
Ans 1
13) The Functioning of both houses of Parliament was disrupted on March 13,2012,When members demanded that India support the resolution to be moved by------ against sri lanka at the U.N Human Rights Council.
1) U.S.A
2) France
3) Norway
4) All of the above
Ans 4
14) Noted critic Namvar Singh in March 2012 presented the Jnanpith Award to eminent hindi author Amar Kant at a Special ceremony in
1) New Delhi
2) Lucknow
3) Allahabad
4) Patna
Ans 3
15) Increasing the fare for the first time in eight years, the railway budget for 2012-13, presented before the parliament on March 14,2012,envisages how many new trains?
1) 90
2) 113
3) 145
4) 166
Ans 2
16) Okram Ibobi Singh was sworn as chief minister for the third Consecutive term of which state in March 2012?
1) Arunachal Pradesh
2) Nagaland
3) Manipur
4) Tripura
Ans 3
17) Governor Shivraj V.Patil in March 2012 administered the oath of office and secrecy to Parkash Singh Badal,Who took over as the chief minister of Punjab for a record- time
1) Fifth
2) Third
3) Fourth
4) Seventh
Ans 1
18) The finance ministry, on March 15,201, gave it's nod for the labour and employment ministry to fix the rate of interest payable to EEPF sub-subscribers at which percentage for2011-12?
1) 8.25%
2) 8.75%
3) 9.25%
4) 9.50%
Ans 1
19) The Cabinet of which state in march 2012 decided to give a grant of rS. 30,000 to high school pass Muslims girls for perusing their education and marriage?
1) Uttar Pradesh
2) West Bengal
3) Andhra pradesh
4) Delhi
Ans 1
20) Which of the following Chief ministers of India figures on the cover of the Time magazine in March 2012 which prasied him in an article for the development of the State?
1) Mamta Banarjee
2) Nitish Kumar
3) Ashok Gehlot
4) Narendra Modi.
Ans 4