LIC AAO Exam General Awareness and Current Affairs Solved Paper (Exam Held On: 22-03-2015)

1. The United Nations University established in 1973 is the academic and research arm of the United Nations.  It is headquartered in–
(a) New York, USA (b) Washington DC, USA 
(c) Tokyo, Japan (d) Geneva, Switzerland 
(e) Manila, Philippines (Ans : c)

2. Shri Narendra Singh Tomar, the Union Minister for Mines and Steel is a Member of Parliament from the Indian State of–
(a) Bihar (b) Maharashtra (c) Rajasthan 
(d) Madhya Pradesh (e) Chattisgarh (Ans : d)

3. PM Shri Narendra Modi has recently dedicated to the nation two units, each of 600 MW of the Shree Singaji Thermal Power Plant in–
(a) Ujjain District (b) Khandwa District (c) Ratlam District 
(d) Bhopal District (e) Indore District (Ans : b)

4. The committee recently set up by the Central Government to interact with industry on tax laws to give recommendations to CBDT and CBEC for issuance of clarifications when necessary, is headed by–
(a) Arvind Goswami (b) Arvind Subramaniam (c) Arvind Mayaram 
(d) Vijay Kelkar (e) Ashok Lahiri (Ans : e)

5. According to the Public Enterprises Survey recently tabled in Parliament, the most profitable Public Sector Enterprise during 2013-2014 was–
(a) BSNL (b) ONGC (c) NTPC (d) NMDC (e) NPCL (Ans : b)

6. In terms of the Motor Vehicle Agreement signed between the two countries during the recent 18th SAARC Summit at Nepal, a direct bus service has recently been launched in March 2015 between Varanasi and–
(a) Lahore, Pakistan (b) Kathmandu, Nepal (c) Thimphu, Bhutan 
(d) Kabul, Afghanistan (e) Dhaka, Bangladesh (Ans : b)

7. The 'Armed Forces Flag Day' is observed every year on the– 
(a) 26th October (b) 21st November (c) 18th December 
(d) 7th December (e) 21st September (Ans : d)

8. 'Vishu' is the New Year day and a Hindu festival celebrated in the Indian State of–
(a) Karnataka (b) Goa (c) Telangana (d) Odisha (e) Kerala (Ans : e)

9. Sushil Kumar is associated with the sports of–
(a) Tennis (b) Basketball (c) Football (d) Wrestling (e) Golf (Ans : d)

10. The 'Shwedagon Pagoda' also known as 'Great Dagon Pagoda' and the 'Golden Pagoda' is situated in–
(a) Mumbai, India (b) Tokyo, Japan (c) Yangon, Myanmar 
(d) Kyoto, Japan (e) Thimphu, Bhutan (Ans : c)

11. The capital of the Myanmar is– 
(a) Thimphu (b) Putrajaya (c) Langkawi (d) Naypyidaw (e) Punakha (Ans : d)

12. The World's largest and tallest Indian National flag was recently unfurled in–
(a) Faridabad (b) Gurgaon (c) Kamal (d) Ghaziabad (e) Panipat (Ans : a)

13. As per 2011 census, the total number of children in the age-group 0-6 years was–
(a) 185. 8 million (b) 198. 8 million (c) 221. 8 million 
(d) 189. 8 million (e) 158. 8 million (Ans : e)

14. 'G.  Karthikeyan', who recently passed away at Bengaluru was the speaker of the Legislative Assembly of–
(a) Karnataka (b) Kerala (c) Telangana (d) Tamil Nadu (e) Andhra Pradesh (Ans : b)

15. In the budget for 2015-2016, the Finance Minister Shri Arun Jaitley has proposed to set up a centre for film production, animation and gaming in the State of–
(a) Haryana (b) Meghalaya (c) Andhra Pradesh 
(d) Jammu and Kashmir (e) Arunachal Pradesh (Ans : e)

16. The film 'Ida' named as the 'Best Foreign Language Film' at the 87th Academy Awards 2015 is– 
(a) a Polish drama film (b) a French family drama film 
(c) an American comedy film (d) a Russian short story film 
(e) a British documentary film (Ans : a)

17. Sun Pharmaceutical Industries, India's largest drug maker, has recently announced that it would acquire the oplates business of British drug maker Glaxo Smith Kline(GSK) in–
(a) Europe (b) USA (c) New Zealand (d) Asia (e) Australia (Ans : e)

18. The first woman to be appointed as a Director on the board of Reliance industries- the nation's largest private sector company is– 
(a) Tina Anil Ambani (b) Meera Sanyal (c) Nita Mukesh Ambani 
(d) Usha Thorat (e) Kokilaben Ambani (Ans : c)

19. The Lok Sabha recently passed the Insurance Laws (Amendment) Bill, 2015, that proposes to raise the foreign investment cap in the insurance sector from 26 percent to–
(a) 69 percent (b) 51 percent (c) 59 percent (d) 55 percent (e) 49 percent (Ans : e)

20. Who amongst the following has recently been elected as the new President of BCCI ? 
(a) N. Srinivasan (b) Rajiv Shukla (c) Sanjay Patel 
(d) Jagmohan Dalmiya (e) Anurag Thakur (Ans : d)

21. 880 MW Kaiga Atomic Power Plant is situated near the river Kali in the Indian State of–
(a) Tamil Nadu (b) Kerala (c) Andhra Pradesh (d) Karnataka (e) Maharashtra (Ans : d)

22. The currency of the 'Republic of South Africa' is–
(a) Rand (b) Rial (e) Ruble (d) Riyal (e) Rial (Ans : a)

23. 'Fugdi' is a traditional folk dance popular in the Indian State of– 
(a) Goa (b) Bihar (c) Odisha (d) Chattisgarh (e) Gujarat (Ans : a)

24. The 'CNSA' is the national space agency of–
(a) Soviet Union (b) Republic of Singapore (c) Russian Federation 
(d) People's Republic of China (e) United States of America (Ans : d)

25. In the recent Union Budget 2015, the Union Minister of Finance has proposed to support the 'Paramparagat Krishi Vikas Yojana' which aims to boost– 
(a) Floriculture Production (b) Drip Irrigation (c) Watershed Development 
(d) Minor Irrigation (e) Organic Farming (Ans : c)

26. The RBI has recently allowed Indians to carry high value denomination notes while travelling to Nepal and Bhutan within a limit of–
(a) Rs. 20,000/- (b) Rs. 30,000/- (c) Rs. 35,000/- 
(d) Rs. 25,000/- (e) Rs. 40,000/- (Ans : d)

27. Reliance infrastructure with its wholly-owned subsidiary Reliance Defence Systems Private Ltd.  has.  recently announced the acquisition of Pipavav Defence Company Limited based in–
(a) Tamil Nadu (b) Maharashtra (c) Goa (d) Kerala (e) Gujarat (Ans : b)

28. Tile abbreviation 'CSR' stands for– 
(a) Collective Social Responsibility (b) Collective Shared Responsibility 
(c) Corporate Social Responsibility (d) Corporate Shared Responsibility 
(e) Commercial Shared Responsibility (Ans : c)

29. For highlighting women's safety, the National Insurance of gender justice has recently honoured film actress–
(a) Rani Mukherji (b) Vidya Balan (c) Jaya Bachchan 
(d) Priyanka Chopra (e) Hema Malini (Ans : a)

30. The global meet on countering Violent Extremism was recently held in–
(a) London, UK (b) New York, USA (c) Washington, USA 
(d) Ottawa, Canada (e) Paris, France (Ans : c) 

State Bank of India and Associate Banks clerical cadre exam General Awareness Solved Paper (Exam held on: 15-02-2015)

1. Jim Corbett National Park, India's oldest national park. It is located in the state of India, which of the following?
(A) HP, (b), Uttar Pradesh (c) Punjab (d) Uttarakhand (e) Arunachal Pradesh (Ans: d)

2. The disposal of complaints against the shortcomings of the services of banks, the RBI is not independent officer appointed following is-
(A) in each bank manager main complaint (b) CVO
(C) the appointment of such an officer is not (d) Banking Ombudsman
(E) Kmpiliyans Officer (Ans: d)

3. The capital of Denmark Forms
(A) Munich (b) Prague (c) Hamburg (d) Heisenberg (e) Copenhagen (Ans: e)

4. Which of the following assets in the bank's balance sheet?
(A) paid-up capital (b) of its savings deposits (c) investments in Government Securities
(D) the accrued Consolidated Fund (e) the current deposits (Ans: c)

5. The United Nations Cilderen Fund (UNCEF), is a program of the United Nations. For the development of babies and mothers in developing countries provides humanitarian assistance. Its headquarters in the following cities is-
(A) Geneva (Switzerland) (b) Paris (France) (c) of Vienna (Austria)
(D) New York (USA) (e) to Rome (Italy) (Ans: d)

6. 'Odyssey of My Life' book-the autobiography of the following persons
(A) Shivraj Patil (b) R. R. Patil (c) Sandeep Patil
(D) Smita Patil (e) Patil (Ans: a)

7. The Union Human Resource Development Minister, Smriti Irani, Indian Institute of Management in Andhra Pradesh (i. I. M.), The foundation laid in ..........
(A) to Tirupati (b) Nellore (c) Visakhapatnam
(D) Guntur (e) Vijayawada (Ans: c)

8. Tue 11 years ago on the surface of the planet 'Beagle 2', a space probe which was lost, he's got now. It was released in 2003 by .........
(A) the Soviet space program, (b) the Israeli Space Agency
(C) Japan Aerospace Exploration Agency (d) China National Space Admini-Streshn
(E) the European Space Agency (Ans: e)

9. Human-interest utilization of water resources and conservation to generate awareness month Government ......... "India Water Week 'celebrated.
(A) December 14 (b) February 15 (c) October 14
(D) January, 15 (e) November, 14 (Ans: d)

10. Very recently, men's tenth 'Savio Cup All India basketball tournament was won by the ..........
(A) Oil and Natural Gas Corporation (ONGC) (b) Indian Overseas Bank
(C) Hindustan Petroleum Corporation Limited. (D) Indian Oil Corporation Limited.
(E) State Bank of India (Ans: a)

11. More recently, Mr. Deepak Kumar Upadhyaya ......... Government has nominated ambassador to India.
(A) Mauritius (b) Nepal (c) Bhutan (d) Fiji (e) Maldives (Ans: b)

12. Every year the Indian Army Day is celebrated on ..........
(A) 15 March (b) 15 December (c) 15 January (d) 15 August (e) 15 October (Ans: c)

13. ......... protect animals to minimize economic losses of animal recently, 'the defense of Blue titled vaccine is released.
(A) foot-mouth virus Tongue (b) Blue Tongue virus (c) bird flu virus
(D) road, water disease (e) swine flu virus (Ans: b)

14. According to the 2011 census (0-6) had the sex ratio among children in the age group
(A) 1000 Knyayen than boys, 969 (b) 1000 939 Knyayen than boys
(C) 1000 Knyayen than boys, 919 (d) 1000 959 Knyayen than boys
(E) 1000 929 Knyayen than boys (Ans: c)

15. In India, developed and capable of carrying nuclear warheads "fearless called subsonic cruise missile capability is .......... kilometers.
(A) 1000 (b) 3700 (c) 700 (d) 1700 (e) 2700 (Ans: a)

16. Which of the following is the world's largest gold-producing country?
(A) Canada (b) China (c) Peru (d) Australia (e) Colombia (Ans: b)

17. Which of the following recent Central Board of Film Certification (CBFC) has been appointed the chairperson?
(A) Phlaj Nhlani (b) sky Nhlani (c) Shiba Nhlani
(D) Govind Nhlani (e) Dayal Nhlani (Ans: a)

18. Which of the following is not the primary function of a bank?
(A) deposit (Deposit) Acceptance (b) checks to clear
(C) information about a client's financial situation and perspective
(D) foreign trade subsidize (e) Loans and advances to (Ans: c)

19. According to the 2011 census, the total population of the economically active population had part
(A) 55.5% (b) 52.5% (c) 42.5% (d) 62.5% (e) 48.5% (Ans: d)

20. More recently, the weather satellite "Fengyon it off 'was followed by the launch ...........
(A) Japan (b) China (c) Russia (d) France (e) Germany (Ans: b)

21. Which of the following in India's financial system regulator (Regulator) it?
(A) options other than the
(B) SEBI (c) CRISIL (d) TRAN (e) CERC (Ans: b)

22. Shivalik, external Himalayan mountain range, the range is 2,400 km long and Arunachal Pradesh, West Bengal, Himachal Pradesh, Uttarakhand and passes through ..........
(A) Punjab (b) Uttar Pradesh (c) Haryana (d) Jammu and Kashmir (e) Rajasthan (Ans: a)

23. The abbreviation 'PLA' fully Forms
(A) Private Liberation Army (b) People's Liberation Armed Force
(C) Public Liberation Army (d) People's Liberation Army
(E) People's Liberty Army (Ans: d)

24. 'SARF AESI Act 2001', the following applies to the banking industry is-
(A) conditions of service of staff to legalistic
(B) the appointment of bank directors named
(C) other than the options
(D) Streamlining Dokumenteshn
(E) of outstanding loans to facilitate the use of security forces to Bsuli (Ans: e)

25. January 15, 2015 the RBI repo rate reduction of what percentage?
(A) 0.6 (b) 0.25 (c) 1.00 (d) 0.75 (e) 0.4 (Ans: b)

26. NASA's Goddard Institute for Space Studies in Manhattan, the earth's temperature, according to the records, the hottest year quotas by 1990
(A) 2001 (b) 2014 (c) 1997 (d) 2005 (e) 2010 (Ans: b)

27. 'Mohiniyttm', India is following state folk dance?
(A) Assam (b) Kerala (c) Orissa (d) Arunachal Pradesh (e) Telangana (Ans: b)

28. Micro-credit and micro-finance as a concept to provide the following Murtt check out who was decorated with the Nobel Prize?
(A) Professor Muhammad Yunus (b) the names of options other than
(C) Professor Amartya Sen (d) Jean Tirole (e) Professor Jagdish Bhagwati (Ans: a)

29. renminbi (Renminbi) following the country's currency is-
(A) China (b) Bulgaria (c) People's Republic of Korea
(D) Ethiopia (e) Banglods (Ans: a)

30. loans given by banks to exporters, "Export Credit" is called. In the event of any danger of falling exports are guaranteed by these is-
(A) EXIM Bank (b) the Ministry of Internal Trade, Goa (c) ECGC
(D) DICGC (e) other than the options (Ans: c)

31. An emerging web browser named 'Spertan' whose development has the following replacement for Microsoft Forms
(A) Safari (b) Opera (c) Internet Explorer
(D) Firefox (e) Chrome (Ans: c)

32. Lord Sri Krishna Manohar Parrikar Ministry .......... Union Cabinet minister.
(A) railway (b) Law and Justice (c) Steel and Mines
(D) immunity (e) Civil Aviation (Ans: d)

Of lending 33. Which of the following is the most secure way?
(A) Lien (b) Assignment (c) Pledge (d) Hypotheciation (e) Mortgage (Ans: e)

34. "Asian News International news agency headquartered in the following location is-
(A) Singapore (b), New Delhi (c) Rawalpindi (d) TOKYO (e) to Beijing (China) (Ans: b)

35. SCS entrepreneurship (Entrepreneurship) to encourage the government recently ........... 'Adventure fund for the SCs' has been established.
(A) Bihar (b) Uttar Pradesh (c) Rajasthan (d), Maharashtra (e) India (Ans: e)

36. A bank's deposit and loan ratio is called ..........
(A) Ankpikok Coverage ratio (b) return on assets ratio (c) Asset coverage ratio
(D) CD Ratio (e) other than the options (Ans: e)

37. 6 metropolitan cities of India, the Reserve Bank Rs. 65 million price for apartments .......... home-loan limit is determined.
(A) Rs. 47 million (b) Rs. 4.5 million (c) Cr. 42 million
(D) Rs. 50 million (e) of Rs. 41 million (Ans: d)

38. Which of the following Negotiable instrument (bill .....) it?
(A) a bank fixed deposits (b) any p. S. U. Shares issued by Certificate
(C) has been issued by a bank demand draft (d) debentures of a company
(E) the receipt of any airline-service company (Ans: c)

39. Which of the following sports lore Arunachal Pradesh Jimjang Deru just recently made his own national record to undermine?
(A) Boxing (b) archery (c) wrestling
(D) Athletics (e) Lifting (Ans: e)

40. Harvard-Smithsonian Center for Astrophysics, scientists recently, the discovery of planets with substantially similar to Earth. The naming of these planets is the name of ..........
(A) Kinstn Kinstn 410b and 440b (b) Kepler Kepler 438b and 442b
(C) Kirakon Kirakon 420b and 440b (d) litmus litmus 414b and 441b
(E) Lulin Lulin 410b and 421b (Ans: b)

General Awareness Questions for SBI PO 2014 Exam

1.    Recently “Ship of Theseus' named the best film in National Film Awards. Who among the following is the director of the film?

(1) Saurabh Shukla                                               
(2) Anand Gandhi

(3)  Aida El-Kashef                                               
(4)  Hansal Mehta

(5) None of the above

2.    Recently Book “Crusader or Conspirator? Coalgate and other Truths” is in news. Who among the following is the author of the book?

(1) Sanjay Baru                             
(2) Rajiv Pillai

(3) PC Parekh                               
(4) Yashwant Sinha

(5) Pullock Chatterjee

3.    According to RBI Guidelines, what fractions of the branches are mandatory to opened in rural areas by newly licensed banks?

(1) 15                                 (2) 25

(3) 35                                 (4) 45

(5) None of these

4.    Lee Kun-hee, who is facing an arrest warrant in a 4.1million dollar cheating case is chairman of ____?

(1) Nokia                           (2) Samsung

(3) LG                                (4) IBM

(5) None of these

5.    Consider the following statements with respect to the recently granted banking license by the Reserve Bank of India?

(A) RBI grant banking license to infrastructure financier IDFC Ltd and micro lender Bandhan Financial Services Ltd to start new banks.

(B) This approval will be valid for 18 months, during which the two companies will have to comply with rules stipulated by RBI.

(C) Chandra Shekhar Ghosh is the Chairman of IDFC Ltd and Rajiv B Lall is the Chairman of Bandhan Financial Services Ltd

Which of the above statements is/are correct in this context?

 (1) Only A  & B                                          
(2) Only B & C

(3) Only A & C                                         
(4) All the above

(5) None of these

6.    Recently who among the following has been appointed as the new Finance Secretary?

(1) Sumit Bose                              
(2) Vijay Seshadri

(3) Arvind Mayaram                     
(4) V.K. Murthy

(5) None of these

7.    Vijay Seshadri wins the 2014 Pulitzer Prize for his work ____?

(1) 2 states                                               
(2) The Goldfinch, 

(3) 3 Sections                                
(4) 11 Attacks

(5) None of these

8.    Which of the following countries  was formally accepted as a new member by the World Trade Organisation (WTO) in a ministerial conference held in Bali recently?

(1) Uganda                                
(2) Yemen                   
(3) Romania

(4) South Sudan                
(5) None of these 

9.    Examine the following with respect to Exchange Earner’s Foreign Currency Account (EEFC):

(A) It is a facility provided to the foreign exchange earner (individual or company)

(B) The account holders are entitled to get only 50 percent of their foreign exchange earnings  credited to the account

(C) It can be held only in the form of a current with no interest payable ion it

Which of the above statements is/are correct?

(1) All the above                
(2) Only A

(3) Only B                         
(4) Only A & C
(5) Only B & C

10.  A bank draft can be issued by a bank accepting cash provided the amount does not exceed?

(1) Rs 25,000                    
(2) Rs 50,000

(3) Rs 75,000                    
(4) Rs 10,000

(5) None of these

11.  Banks have strict regulations to protect themselves as well as their customers and if these regulations are violated, banks levy penalty on the violator. Which one of the following will not be considered a bad money practice?

(1) Frequent ATM pin request

(2) Not updating change in personal and residential details

(3) Using Non-bank ATM machines more frequently

(4) Withdrawing over the minimum balance limit

(5) All the above

12.  Consider the following with respect to the much talked about health insurance cover, Obamacare, which came into effect recently in the US.

(A) Under the scheme, it is now compulsory for the people who have health cover

(B) Those who cannot afford the cover will get help from the state

(C) Those who remain without any insurance will be fined

Which of the above statements is true?

(1) Only A                         
(2) Only B

(3) Only C                         
(4) Only A & B
(5) All A, B & C

ANSWERS:

1. 2, 2. 3, 3. 2, 4. 2, 5. 1, 6. 3, 7. 3, 8. 2, 9. 4, 10. 2, 11. 5, 12. 5

IBPS Bank Clerk CWE General Awareness Solved Paper (Exam Held on 08-12-2013)

1. World Food Day is celebrated every year around the world on– 
(A) 4th July (B) 16th October (C) 12th August (D) 18th May (E) None of these
Ans : (B)

2. The minimum age for becoming a member of the Rajya Subha is– 
(A) 28 years (B) 40 years (C) 30 years (D) 35 years (E) 25 years
Ans : (C)

3. What is the term for bank’s lending to farmers for agriculture, micro and small enterprises, and other weaker sections wherein banks are required to lend up to 40 percent of the loans?
(A) Para Banking (B) Sub Prime Lending (C) Retail Lending 
(D) Non-Priority Sector Lending (E) Priority Sector Lending
Ans : (E)

4. A Bank’s fixed deposit is also referred to as a–
(A) Term Deposit (B) Savings Bank Deposit (C) Current Deposit 
D) Demand Deposit (E) Home Savings Deposit
Ans : (A)

5. As per Census 2011, which of the following Indian states has the lowest population density ?
(A) Nagaland (B) Manipur (C) Arunachal Pradesh
(D) Himachal Pradesh (E) Meghalaya
Ans : (C)

6. To improve access of the poor to banking, Reserve Bank of India has advised banks to open branches with minimum infrastructure supporting up to 8 to 10 business correspondents (BCs) at a reasonable distance of 2-3 km. Such branches are known as.
(A) Nodal Branches (B) Mini Branches (C) Micro Branches 
(D) Ultra Small Branches (E) Satellite Branches
Ans : (D)

7. A target set by UIDAI for issuance of Aadhaar cards up to 2014 is–
(A) 50 crore cards (B) 55 crore cards (C) 45 crore cards 
(D) 40 crore cards (E) 60 crore cards
Ans : (E)

8. Which of the following is a receipt listed in India and traded in rupees declaring ownership of shares of a foreign company?
(A) Indian Depository Receipt (IDR) (B) European Depository Receipt (EDR)
(C) Global Depository Receipt (GDR) (D) American Depository Receipt (ADR)
(E) Luxembourg Depository Receipt (LDR)
Ans : (A)

9. Which of the following statements regarding the ‘Direct Benefits Scheme (DBT)’ of the Government of India is not correct?
(A) The scheme does not covers LPG subsidies, pension payments and scholarships.
(B) Indirect transfer of benefits are more prone to leakage than direct transfer.
(C) Under DBT, money is directly transferred into bank accounts of beneficiaries.
(D) The scheme was launched on 1st January 2013 to cover 20 districts initially.
(E) The scheme is likely to increase the subsidy bill of the Government.
Ans : (A)

10. Which of the following services relate to execution of transactions directly with consumers, rather than corporations or other banks?
(A) Wholesale Banking Services (B) Industrial Banking Services
(C) Investment Banking Services (D) Corporate Banking Services
(E) Retail Banking Services
Ans : (E)

11. The Aadhaar-enabled payment system is banking-led model that facilitates banking facilities through banking correspondents across banks. However, Aadhaar enabled basic types of banking transactions do not include–
(A) Aadhaar to Aadhaar funds transfer (B) Small Overdraft Facility
(C) Cash Withdrawal (D) Balance Enquiry (E) Cash Deposit
Ans : (B)

12. Deepak Lathore is related to which of the following sports?
(A) Hockey (B) Cricket (C) Badminton (D) Football (E) Weightlifting
Ans : (E)

13. A bank without any branch network that offers its services remotely through online banking, telephone/mobile banking and inter-bank ATM network alliances is known as–
(A) Universal Banking (B) Indirect Bank (C) Doorstep Bank 
(D) Direct Bank (E) Unit Banking
Ans : (D)

14. A type of fraud wherein criminals use and innocent persons details to open or use an account to carry out finanical transactions is known as–
(A) Identity Theft (B) Money Laundering (C) Hacking (D) Espionage (E) Phishing
Ans : (A)

15. With a view to integrate them as part of basic banking services, the Reserve Bank of India (Reserve Bank of India), in August 2012, advised banks to restrict the ‘No Frills’ account and offer a–
(A) Lok Mangal Saving Bank Deposit Account (B) Laghu Bachat Saving Deposit Account
(C) Aam Admi Basic Bank Account (D) Basic Savings Bank Deposit Account
(E) Gramin Bachat Account
Ans : (D)

16. According to the provisions of the Income Tax Act, 1961, a resident individual is categorized as a ‘Very Senior Citizen’, when he is–
(A) 80 years of age or older (B) 75 years of age or older
(C) 90 years of age or older (D) 85 years of age or older
(E) 65 years of age or older
Ans : (A)

17. NABARD is responsible for regulating and supervising the functions of–
(A) Investment and Industrial Finance Banks (B) Co-operative Banks and Regional Rural Banks
(C) Corporate Finance and Overseas Banking Unit (D) Private Sector and Multinational Banks
(E) Reserve Bank of India
Ans : (B)

18. The part of a company’s earnings or profit which are paid out to shareholders is known as– 
(A) Capital Gains (B) Interest on Borrowings (C) Taxes (D) Dividends (E) Penal Interest
Ans : (D)

19. The arrangement under which banks sell insurance products acting as the agents of the respective companies is called the– 
(A) Insurance Joint Venture (B) Bancassurance Model (C) Hybrid Insurance Model 
(D) Insurance Broking (E) Integrated Model
Ans : (B)

20. The abbreviation of EMI in banking parlance stands for– 
(A) Equated Monthly Instalment (B) Equal Monthly Increment
(C) Equated Money Instalment (D) Equalized Monthly Instalment
(E) Equating Money Instalment
Ans : (A)

21. Who among the following is the author of the book “The Lowland”?
(A) Jhumpa Lahiri (B) Amitabh Ghosh (C) Salman Rushdie 
(D) Hamid Ansari (E) Chetan Bhagat
Ans : (A)

22. Which of the following Indian universities is Asia’s largest residential university?
(A) Allahabad University (B) Utkal University
(C) Benares Hindu University (D) Anna University
(E) Jawaharlal Nehru University
Ans : (C)

23. We often read about the increasing trend of ‘Plastic Money’ in newspapers and financial magazines. In this respect, which of the following is/are not the forms of Plastic Money?
(A) Debit Card (B) Cash Card
(C) Credit Card (D) Banknote
(E) Store Card
Ans : (D)

24. Derivative contracts that give the buyer the right, but not the obligation, to buy or sell at a predetermined price within or at end of a specified period, are known as– 
(A) Futures Contract (B) Option Contract
(C) Index Futures Contract (D) Currency Swap
(E) None of these
Ans : (B)

25. CASA Ratio of bank indicates the– 
(A) Overall cost of deposit of a bank
(B) Level of high cost term deposits
(C) Share of current and savings bank deposit in the total deposits
(D) Average outstanding level of current and saving deplosits
(E) Capital adequacy of the bank
Ans : (C)

26. Who among the following is the current Chief Election Commissioner (CEC) of India?
(A) K. G. Balakrishnan (B) Ranjit Sinha (C) Montek Singh Ahluwalia 
(D) V.S. Sampath (E) S. Y. Qureshi
Ans : (D)

27. Which of the following actresses was recently (in October 2013) honoured at the British House of Commons for her contribution to the global entertainment industry?
(A) Shabana Azmi (B) Kareena Kapoor (C) Nandita Das 
(D) Aishwarya Rai Bachchan (E) Vidya Balan
Ans : (B)

28. Which of the following is an investment advisory discipline?
(A) Corporate Industrial Finance (B) Offshore Banking (C) Wholesale Banking 
(D) Wealth Management (E) Trade Finance
Ans : (D)

29. Who among the following was recently conferred the first Yash Chopra Memorial Award?
(A) Madhuri Dixit Nene (B) Ramesh Sippy (C) Lata Mangeshkar 
(D) A. R. Rahman (E) None of these
Ans : (C)

30. With effect from 1st July, 2010, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the– 
(A) MSF Rate System (B) Reserve Repo Rate System
(C) Bank Rate System (D) Repo Rate System
(E) Base Rate System
Ans : (E)

31. Which of the following institutions is regarded as the ‘lender of the last resort’ by banks in India?
(A) State Bank of India (B) The State Bank Treasury
(C) Reserve Bank of India (D) World Bank
(E) Department of Financial Services
Ans : (C)

32. The World Health Organization (WHO) is a specialized agency of the United Nations (United Nations) that is concerned with International Public Health. It is headquartered at– 
(A) Sweden (B) Switzerland (C) United Kingdom (D) France (E) Germany
Ans : (B)

33. Which of the following communities was most recently notified as a ‘minority community’ by the Ministry of Welfare, Government of India?
(A) Sikhs (B) Zoroastrians (C) Buddhists (D) Jains (E) Christians
Ans : (D)

34. The concept of Microcredit essentially concentrates on– 
(A) Consumption smoothening as and when needed (B) Providing safe place to hold savings
(C) Accepting deposits (D) Provisions of credit to the poor
(E) Facility to transfer money
Ans : (D)

35. An Equity Share is also commonly referred to as– 
(A) Ordinary Share (B) Convertible Share (C) Debenture (D) Security Deposit (E) Preferred Stock
Ans : (A)

36. Cheraw, the bamboo dance, is of which Indian state?
(A) Mizoram (B) Sikkim (C) Arunachal Pradesh
(D) Manipur (E) Assam
Ans : (A)

37. The Electronic Funds Transfer at Point of Sale (EFTPOS) is an electronic payment system involving electronic fund transfer based on the use of– 
(A) Internet Banking (B) Account Payee Cheques
(C) Letter of Credit (D) Debit and Credit Cards
(E) Order and Bearer Cheques
Ans : (D)

38. The process by which a life insurance policy holder can transfer all rights, title and interest under a policy contract to a third person is known as– 
(A) Assignment of the policy (B) Reinvestment of the policy
(C) Hypothecation of the policy (D) Negotiation of the policy
(E) Nomination of the policy
Ans : (A)

39. 8th National Conference on Krishi Vigyan Kendra, 2013 was held at– 
(A) Chennai (B) Mumbai (C) Lucknow (D) Kolkata (E) Bangalore
Ans : (E)

40. Banking Codes and Standard Board of India (BCSBI) has evolved a code of bank’s commitments to customers which set maximum standards of banking practices for banks. For common customers, the code is like a– 
(A) Charter of Rights (B) Charter of Duties (C) Charter of Demands 
(D) Charter of Good Behaviour (E) Charter of Values
Ans : (A)

IBPS Bank Clerk CWE General Awareness Solved Paper (Exam Held on 29-09-2013)

1. Which of the following films won the maximum number of awards at the recent 60th National Film Awards of India ?
(A) Dekh Indian Circus (B) Ustad Hotel (C) Kahaani 
(D) Pan Singh Tomar (E) Dhag
Ans : (A)

2. Who, among the following, did not win the Dhyanchand Award for 2013 ?
(A) Mary D'Souza Sequeira (B) Syed Ali (C) Poornima Mahato 
(D) Anil Mann (E) Girraj Singh
Ans : (C)

3. Who, among the following, is the recipient of the Dronacharya Award 2013 in the field of Hockey ?
(A) Mahavir Singh (B) Narinder Singh Saini (C) K.P. Thomas 
(D) Raj Singh (E) Dharmender Dalal
Ans : (B)

4. The currency of South Korea is– 
(A) Ringgit (B) Yuan (C) Won (D) Peso (E) Kyat
Ans : (C)

5. Under the restructured National Rural Livelihood Mission (NRLM), SCs and the STs will account for a minimum of 50% of financial assistance. Minorities will comprise– 
(A) 3 per cent (B) 9 per cent (C) 15 per cent (D) 21 per cent (E) 33 per cent
Ans : (C)

6. The commencement year of the 15th Lok Sabha is– 
(A) 2003 (B) 2006 (C) 2008 (D) 2009 (E) 2010
Ans : (D)

7. Which of the following financial institutions / organizations aids the growth and development of micro, small and medium-scale enterprises (MSME) in India ?
(A) IRDA (B) SEBI (C) NABARD (D) RBI (E) SIDBI
Ans : (E)

8. Who is the author of Midnight's Children ?
(A) V. S. Naipaul (B) Salman Rushdie (C) Chetan Bhagat 
(D) Jeet Thayll (E) Jhumpa Lahiri
Ans : (B)

9. In which state of India are the Sanchi Stupas located ?
(A) Utter Pradesh (B) Bihar (C) Madhya Pradesh (D) Odisha (E) Rajasthan
Ans : (C)

10. Who won the Best Actor Oscar award at the 85th Academy Awards ?
(A) Al Pacino (B) Daniel Day Lewis (C) Robert De Niro 
(D) Jack Nicholson (E) Anthony Hopkins
Ans : (B)

11. In the most common usage, CIS is associated with–
(A) Citizen of Indian Source (B) Centre for Internet Security
(C) Commonwealth of Independent States (D) Computer and Information Science
(E) Council of International Relations
Ans : (C)

12. Which major national/international championship was recently won by Indian shuttler P.V. Sindhu ?
(A) Denmark Cup (B) Malaysia Open (C) Indonesian Open 
(D) Tokyo International (E) Mao Tse Tung Trophy
Ans : (B)

13. Which of the following is the parliament of Bangladesh ?
(A) Majlis (B) Shura (C) Jatiyo Sangshad (D) jirga (E) Sangosthi
Ans : (C)

14. INS Sindhurakshak was in the news recently. From which country did India get this submarine?
(A) France (B) Russia (C) Sweden (D) Australia (E) United States of America
Ans : (C)

15. Who, among the following, heads the Parliamentary Standing Committee on Finance which deals with Goods and Service Tax (GST)?
(A) Yashwant Sinha (B) Kapil Sibal (C) Sushma Swaraj 
(D) Montek Singh Ahluwalia (E) jaswant Singh
Ans : (A)

16. Who, at present, is the Vice President of India?
(A) M. Hamid Ansari (B) S. Ghulam Ansari (C) I. Noor Ansari 
(D) A. Parvez Ansari (E) H. Muhammad Ansari
Ans : (A)

17. Whcih term refers to the total value of all goods and services produced by all resident units during a certain period of time, minus depreciation ?
(A) Gross Domestic Product (B) Per Capita Product
(C) Gross National Product (D) Net National Product
(E) Gross Capital Formation
Ans : (A)

18. On which river is the Tehri Dam constructed ?
(A) Son (B) Gandak (C) Chambal (D) Bhagirathi (E) Tapti
Ans : (D)

19. Where is the headquarters of the Bank for International Settlements (BIS) located ?
(A) Hong Kong (B) Vienna (C) Mexico City (D) Basel (E) Antwerp
Ans : (D)

20. ‘NREGA’ stands for–
(A) National Rural Employment Guarantee Act (B) New Rural Enterprise Growth Act
(C) National Rural Empowerment Guarantee Act (D) New Rural Economic Growth Act
(E) Nehru Renewable Energy Guarantee Act
Ans : (A)

21. Which of the following areas do not come under Bharat Nirman ?
(A) Water (B) Roads (C) Housing (D) Health (E) Electricity
Ans : (D)

22. The Union Sports Ministry recently announced that Renjith Maheshway would not be given Arjuna Award over the allegations of doping against him. With which sport is he associated?
(A) Marathon (B) Triple Jump (C) Discuss Throw (D) Hurdle's Race (E) Pole Vault
Ans : (B)

23. Who is the author of Bengali Romance novel ‘Devdas’ ?
(A) Bimal Roy (B) Sarat Chandra Chattopadhyay (C) Sudhendu Ghosh 
(D) Indra Sen (E) Sumit Mitra
Ans : (B)

24. Who, among the following is the Speaker of Lok Sabha ?
(A) Pallam Raju (B) Meira Kumar (C) Veerappa Moily 
(D) Shriprakash Jaiswal (E) Charan Das Mahant
Ans : (B)

25. At present, the President of Afghanistan is–
(A) Hamid Karzai (B) Abdullah Abdullah (C) Ramazan Bashardost 
(D) Ashraf Ghani Ahmadzai (E) Mirwais Yasini
Ans : (A)

26. Who, at preset is the Chief of the Naval Staff of India ?
(A) Madhvendra Singh (B) Arun Prakash (C) Suresh Mehta 
(D) Nirmal Kumar Verma (E) Devendra Kumar Joshi
Ans : (E)

27. What does ‘UNCTAD’ stand for ?
(A) United Nations Conference on Trade and Development (B) United Nations Convention on Troubled Darfur
(C) United National Commission on Tokyo Declaration (D) United Nations Charter on Tariffs and Development
(E) United Nations Convention on Treatment of Dengue
Ans : (A)

28. Which country will host the 2016 Olympic Games ?
(A) Japan (B) Spain (C) Brazil (D) Australia (E) Canada
Ans : (C)

29. With which sports is Leander Paes associated?
(A) Soccer (B) Golf (C) Tennis (D) Billiards (E) Squash
Ans : (C)

30. With which sports is Yelena Isinbayeva related?
(A) Long Jump (B) Gymnastics (C) Tennis (D) Pole Vault (E) Decathlon
Ans : (D)

31. The capital of Mauritius is–
(A) Port Louis (B) Camp Carol (C) Britannia 
(D) Goodlands (E) Union Park
Ans : (A)

32. Which of the following countries is not a member-state of ASEAN ?
(A) Indonesia (B) Japan (C) Malaysia (D) The Philippines (E) Singapore
Ans : (B)

33. Who, at present, is the Chairman of the Planning Commission of India ?
(A) Manmohan Singh (B) P. Chidambaram (C) Sonia Gandhi 
(D) Montek Singh Ahluwalia (E) Kapil Sibal
Ans : (A)

34. The capital of Andaman and Nicobar Islands is–
(A) Ross Island (B) Port Blair (C) Car Nicobar (D) Viper Island (E) Silvassa
Ans : (B)

35. Which of the following countries will host the 18th SAARC Summit ?
(A) Afghanistan (B) India (C) Maldives (D) Nepal (E) Bangladesh
Ans : (D)

36. With which sports is Mary Kom associated ?
(A) Boxing (B) Wrestling (C) Judo (D) Chess (E) Weightlifting
Ans : (A)

37. On which day is the United Nations Day celebrated ?
(A) 2nd October (B) 14th August (C) 16th September (D) 24th October (E) 14 November
Ans : (D)

38. Where is the headquarters of the International Civil Aviation Organization (ICAO) located ?
(A) Sydney (B) Frankfurt (C) Montreal (D) Oslo (E) Edinburgh
Ans : (C)

39. With which sports is Abhinav Bindra associated?
(A) Chess (B) Shooting (C) Golf (D) Squash (E) Swimming
Ans : (B)

40. With which language is Sugathakumari associated ?
(A) Marathi (B) Kannada (C) Odia (D) Malayalam (E) Telugu
Ans : (D)

IBPS P.O. EXAM GENERAL AWARENESS SOLVED QUESTIONS (EXAM HELD ON: 18-10-2014 - MORNING SHIFT)

1.    Currency of Spain – Euro

2.    Jan Dhan Yojana Benefits – Overdraft Loan in Bank Account

3.    Foreign Institutional Investor – FII

4.    Writer of The Mother I Never Knew - Sudha Murthy

5.    L stands in SLR- liquidity

6.    Money laundering is done to- Avoid tax

7.    Abhinav Bindra wins Two Bronze & Retirement

8.    When did Manalapan reach Mars - 24 September 2014

9.    In how days KYC custom fill identity proof – 5 working days

10.  Nuku’alofa is the capital of – Tonga

11.  Nitin Gadkari related to which ministry - Transport

12.  Which Indian movie selected for  Oscar Award 2015  - Liar's Dice

13.  PPF limit change from 1 lakh to 1.5 lakh

14.  Largest hydroelectric power plant in India – Koyna

15.   Fusion points agreement 118 countries related to –

16.  What is 'M' in MIFF- Mumbai (MIFF- Mumbai International Film festival)

17.  Heidelberg Cement India': - Ashish Guha

18.  Mogadishu is the capital of – Somalia

19.  Basic saving bank deposit account maximum credit amount in a year – 1 lkh

20.  NIM full form- Net Interest Margin

21.  MTSS- Money Transfer Service Scheme

22.  kisan vikas patra was closed by govt. earlier why  - to avoid Money laundering activities

23.  Vishal Sikka is CMD of which company - Infosys

24.  One question on Negotiable Instruments Act, 1881

25.  Rbi issued the permission to Muthoot finance to set up - white label ATM

26.  SBI life insurance partnered with – BNP Paribas Cardif 

27.  Merchant payments in India is controlled by - SEBI

28.  According to census 2011 Every ____ in the world population is Indian.

29.  Who gave the principle of objects submerged partially or fully in water – Archimedes