LIC AAO Exam 2016 General Awareness Solved Paper (exam Held on: 16-03-2016)

1. The recent (February, 2016) 12th South Asian Games 2016 were hosted by–
(A) India (B) Sri Lanka (C) South Korea (D) Nepal (E) Bangladesh (Ans : A)

2. The currency of the 'Republic of Austria' is– 
(A) Peso (B) Schilling (C) Franc (D) Euro (E) Lia (Ans : D)

3. The 'BCCI Polly Umrigar' Best Indian Cricketer of the Year 2014-15 Award was recently (January, 2016) awarded to– 
(A) Virat Kohli (B) Rishi Dhawan (C) M. S. Dhoni (D) Deepak Hooda (E) Robin Uthappa (Ans : A)

4. A joint venture agreement between Indian Railways and French company Astom was recently signed for supply of 800 high horsepower locomotives manufactured in India and to set up electric locomotive factory at Madhapura in the Indian state of– 
(A) Jharkhand (B) Odisha (C) Chattisgarh (D) Madhya Pradesh (E) Bihar (Ans : E)

5. The 7th joint military exercise 'Lamitye 2016' was recently conducted by Indian Army with defence forces of–
(A) Singapore (B) Saudi Arabia (C) Seychelles (D) Sri Lanka (E) South Korea (Ans : C)

6. Regardless of the mode of payment the Government of India has now (from 1st January, 2016) made it mandatory to quote PAN (Permanent Account Number) for all transactions in excess of–
(A) Rs. 2.50 lakh (B) Rs. 1.50 lakh (C) Rs. 3.00 lakh (D) Rs. 2.00 lakh (E) Rs. 1.75 lakh (Ans : D)

7. PM Shri Narendra Modi recently (February, 2016) released the guidelines for operationalisation of the PMFBY at a 'Kisan Kalyan Mela' organised in the Indian state of– 
(A) Uttar Pradesh (B) Haryana (C) Himachal Pradesh (D) Punjab (E) Madhya Pradesh (Ans : E)

8. The 'UDAY' scheme recently launched by the Government of India focuses on improving operational efficiency at–
(A) Public sector telecom companies (B) Electricity distribution companies (C) Public sector insurance companies 
(D) Public sector banks (E) Public sector undertakings (Ans : B)

9. The Union Health Ministry has recently (February, 2016) announced a plan to eliminate Malaria from the country by– 
(A) 2030 (B) 2032 (C) 2025 (D) 2020 (E) 2028 (Ans : A)

10. The country's first Braille-embedded express train has recently (January, 2016) been introduced. It will run once in two weeks between the stations– 
(A) Mumbai and Ahmedabad (B) Badodara and Allahabad (C) Kolkata and Jaipur 
(D) Varanasi and Mysuru (E) Mumbai and Pune (Ans : D)

11. Who among the following is the author of the book 'The White Tiger' ? 
(A) Chetan Bhagat (B) Anish Tripathi (C) Anita Desai (D) Salman Rushdie (E) Arvind Adiga (Ans : E)

12. The 'Mahamaham Festival' which is held once in twelve years was recently (February, 2016) held in–
(A) Kumbakonam, Tamil Nadu (B) Kochi, Kerala (C) Karvar, Karnataka 
(D) Kolkata, West Bengal (E) Kozhikode, Kerala (Ans : A)

13. The Bharat Heavy Electricals Limited (BHEL) has recently (February, 2016) commissioned a 270 MW generation unit for the 540 MW (2 x 270 MW) coal-fired Goindwal Sahib Thermal Power Project of GVK, Power and Infra Limited located in the Indian state of–
(A) Uttar Pradesh (B) Haryana (C) Himachal Pradesh (D) Punjab (E) Rajasthan (Ans : D)

14. 'Rajamani' who recently (February, 2016) died in Chennai at the age of 60 years was a–
(A) well known journalist (B) well known music composer (C) famous architect 
(D) former minister and freedom fighter (E) veteran photographer (Ans : B)

15. The Women's Cricket World Cup in 2017 shall be hosted by–
(A) New Zealand (B) South Africa (C) England (D) India (E) Australia (Ans : C)

16. 'Sushil Koirala' who died recently (February, 2016) at the age of 76 was the former Prime Minister of–
(A) Sri Lanka (B) Bhutan (C) Mauritius (D) Myanmar (E) Nepal (Ans : E)

17. With a view to suggest measures to help the members of 'Central Board of Film Certification (CBFC), to understand the nuances of film certification, the Government of India has set up a panel (to revamp censor board) headed by film-maker–
(A) Actor Gopalakrishnan (B) Amol Palekar (C) Amitabh Bachchan (D) Shyam Benegal (E) Prakash Jha (Ans : D)

18. With a view to facilitate Japanese Corporates looking to invest in India, State Bank of India has recently launched a first-of-its-kind initiative by setting up a 'Japanese Desk'. This 'SBI Japan Desk' is based in–
(A) Tokyo (B) New Delhi (C) Kolkata (D) Yokohama (E) Mumbai (Ans : B)

19. American multinational technology company Apple Inc. headquartered in California has recently (February, 2016) announced that it plans to set up its first technology development centre outside the U.S. in India's–
(A) Hyderabad, Telangana (B) Kochi, Kerala (C) Bengaluru, Karnataka 
(D) Pune, Maharashtra (E) Lucknow, Uttar Pradesh (Ans : A)

20. The 103rd 'Indian Science Congress' 2015 was recently (January, 2016) held in–
(A) Margaon, Goa (B) Mount Abu, Rajasthan (C) Mysuru, Karnataka (D) Madurai, Tamil Nadu (E) Mumbai, Maharashtra (Ans : C)

21. In order to raise awareness of its many benefits the UN Food and Agricultural Organisation (FAa) has announced the year 2016 as the 'international year of –
(A) Pulses (B) Potato (C) Peanuts (D) Purple Rice (E) Pepper (Ans : A)

22. Every year 25th April is observed allover the world as the– 
(A) World Radio Day (B) World Diabetes Day (C) World Malaria Day 
(D) World Health Day (E) World Haemophilia Day (Ans : C)

23. The host of the 8th annual BRICS summit is–
(A) Russia (B) China (C) India (D) Brazil (E) South Africa (Ans : C)

24. With view to set up an LCD manufacturing unit at an investment of USD 10 billion Anil Agarwal owned 'Twinstar Display Technologies' has recently (February, 2016) signed an agreement with the state government of–
(A) Andhra Pradesh (B) Gujarat (C) Telangana (D) Maharashtra (E) Karnataka (Ans : D)

25. 'Copenhagen' is the capital of– 
(A) Sweden (B) Austria (C) Denmark (D) Belgium (E) Spain (Ans : C)

26. The largest single-location 6 MTPA capacity Greenfield steel project has recently (November, 2015) been commissioned in Kalinga Nagar steel plant in the Indian state of Od'isha commissioned by–
(A) Tata Steel (B) Steel Authority of India (C) Jindal Steel and Power Limited 
(D) Bhushan Power and Steel Limited (E) Essar Steel Limited (Ans : A)

27. Who among the following is the founder of 'Banaras Hindu University' (BHU) which has recently completed 100 years? 
(A) Mahatma Mohan Das Karamchand Gandhi (B) Dr. Rajendra Prasad (C) Maulana Abdul Kalam Azad 
(D) Mahamana Madan Mohan Malviya (E) Manial Mohan Das Gandhi (Ans : D)

28. The men's singles category title at the 'Brisbane International Tennis Tournament 2015' was won by–
(A) Roger Federer (B) John Peers (C) Marin Cllic (D) Milos Raonic (E) Giles Simon (Ans : A)

29. The 'Connemara National Park' is located in–
(A) Brazil (B) Australia (C) Ireland (D) Indonesia (E) Mexico (Ans : C)

30. As per the 2015 revision of the UN World Population Projections, the World population in 2030 is projected to be. 
(A) 7.9 billion (B) 9.5 billion (C) 9.1 billion (D) 8.5 billion (E) 9.9 billion (Ans : D) 

IBPS CRP-V Specialist Officer (Marketing) Exam Professional Knowledge Solved Paper (Exam Held on 02-02-2016)

1. A tangible product that the consumer feels comfortable purchasing without gathering additional information and then actually buys with minimum of effort is termed a(n)– 
(a) Shopping good (b) Convenience good (c) Business product (d) Specially good (e) Unsought good (Ans : b)

2. The process of dividing a market into distinct groups of buyers who have different needs, characteristics or behaviours and who might require separate products or marketing programs is called– 
(a) Market segmentation (b) Market positioning (c) Market differentiation (d) Market targeting (e) Marketing mix (Ans : a)

3. ………. is not a stage of product life cycle in marketing. 
(a) Introduction (b) Maturity (c) Growth (d) Decline (e) Planning (Ans : e)

4. ……….Which of the following is not a characteristic important in influencing an innovator's rate of adoption? 
(a) Organisation type of the innovator (b) Compatibility (c) Divisibility (d) Communicability (e) Complexity (Ans : a)

5. The financial contracts whose values are obtained from the values of underlying assets are– 
(a) mortgage (b) commercial papers (c) stocks (d) derivatives (e) bonds (Ans : d)

6. All of the following are considered to be broad market-follower strategies except– 
(a) innovator (b) imitator (c) cloner (d) counterteller (e) adapter (Ans : a)

7. A company has four choices when it comes to developing brands. Which one of the following is not one among them? 
(a) New brands (b) Multi brands (c) Brand extension (d) Line extension (e) Brand sponsoring (Ans : e)

8. ………. is a demand state where consumer may share a strong need that cannot be satisfied by an existing model. 
(a) Declining demand (b) Irregular demand (c) Negative demand (d) Non-existent demand (e) Latent demand (Ans : e)

9. ………. is the development, design and implementation of marketing programme, processes and activities that recognises the breadth and inter-dependencies of today's marketing environment. 
(a) Niche marketing (b) Supply chain marketing (c) Holistic marketing (d) Relationship marketing (e) Demand-centred marketing (Ans : c)

10. The ………. holds that marketing strategy should deliver value to customers in a way that maintain or improve both the consumer's and society's well-being. 
(a) societal marketing concept (b) society centered marketing (c) customer centered marketing 
(d) focused business model (e) production centered business (Ans : a)

11. Major oil producers carryon oil exploration, oil drilling, oil refining, chemical manufacture and service-station operation. When an organisation does all of these separate tasks distribution channel they can be said to have achieved what is called– 
(a) Parallel marketing (b) Horizontal integration (c) Vertical integration 
(d) Concentric integration (e) Conglomerate marketing (Ans : c)

12. Which of the following describes the tendency of people to interpret information in a way that will support what they already believe? 
(a) Selective creativity (b) Selective distortion (c) Selective matching 
(d) Selective attraction (e) Selective attribute (Ans : b)

13. The ………. stage of a product is characterised as being one where there is period of rapid climb in sales and substantial profit improvement. 
(a) introduction (b) decline (c) maturity (d) saturation (e) growth (Ans : e)

14. The discomfort caused by post purchase conflict is called– 
(a) Dissatisfaction (b) Cognitive dissonance (c) Post purchase behaviour (d) Buyer's remorse (e) Comparative tension (Ans : b)

15. ………. is the study of how individuals, groups and organisations select, buy, use and dispose of goods, services, ideas or experiences to satisfy their needs and wants. 
(a) Psychology (b) Product differentiation (c) Psychographic segmentation (d) Target marketing (e) Consumer behaviour (Ans : e)

16. Mutual Funds are regulated in the country by– 
(a) IRDAI (b) Association of Mutual Funds of India (AMFI) (c) NABARD 
(d) Securities and Exchange Board of India (e) Reserve Bank of India (Ans : d)

17. Situation in which a firm introduces new products to stimulate sales but the profit comes at the expense of other products sold by that firm is called– 
(a) repositioning (b) push marketing (c) differentiated marketing (d) cannibalisation (e) cartelisation (Ans : d)

18. Cultivating opinion leaders and getting them to spread information about a product or service to others in their communities is– 
(a) Buzz marketing (b) Leader marketing (c) Niche marketing (d) Complex marketing (e) Selective marketing (Ans : e)

19. Marketing management is defined as– 
(a) monitoring the profitability of the' company's products and services (b) the art and science of choosing target markets and building profitable relationships with them 
(c) managing the market process (d) developing marketing strategies to move the company forward 
(e) selecting target markets to deploy marketers (Ans : c)

20. The measure of the brand's ability to capture consumer performance and loyalty is termed as– 
(a) Brand superiority (b) Brand equity (c) Brand version (d) Brand loyalty (e) Brand preference (Ans : d)

21. Mission statements are at their best when they reflect a ………. to an almost impossible dream that provides direction for the next 10 to 30 years. 
(a) market (b) strength (c) competency (d) vision (e) value (Ans : d)

22. A strategy in which the initial price of the product is set low in relation to the target market's range of expected prices is termed as– 
(a) Market skimming pricing (b) Old pricing (c) Discount market pricing 
(d) Market penetration pricing (e) Special market pricing (Ans : d)

23. A group of tradition bound consumers who are the tool to adapt an innovation is called as– 
(a) Challengers (b) Leaders (c) Innovators (d) Laggards (e) Loyal agents (Ans : c)

24. Low prices on products for which you have accurate price knowledge lets you know that the product has to be a bargain. This type of pricing is termed as– 
(a) Reference pricing (b) Psychological pricing (c) Volume pricing (d) Promotional pricing (e) Signpost pricing (Ans : d)

25. The want satisfying power of a product is called its– 
(a) price (b) utility (c) bond (d) purpose (e) goal (Ans : b)

26. Based on the rates firms charge in the target market in a specific industry, they are classified as following except in a– 
(a) Market challenger (b) Market plotter (c) Market leader (d) Market nicher (e) Market follower (Ans : b)

27. TQM approach in which all the people of the company are involved in constantly improving the performance of products, services and business processes. TQM stands for– 
(a) Total Quality Management (b) Total Quality Marketing (c) Total Quantity Management 
(d) Total Queries Management (e) Total Quality Manipulation (Ans : a)

28. When backed by buying power, wants become 
(a) self-esteem needs (b) demand (c) exchanges (d) physical needs (e) social needs (Ans : b)

29. The philosophy of product centered marketing' concept is– 
(a) right products for the customers (b) make and sell (c) make what the market wants 
(d) sense and respond (e) selling on product benefits (Ans : e)

30. The customer's evaluation of the difference between all the benefits and all the costs of a market offering relative to those of competing offers is called 
(a) Customer perceived value (b) Customer expectation (c) Customer satisfaction 
(d) Customer loyalty (e) Customer relationship (Ans : a)

31. Button market is where– 
(a) capital is disposed (b) gold is purchased and sold (c) shares are purchased 
(d) production of silver takes place (e) investment are made (Ans : e)

32. Especially in large firms, a sales force frequently is specialised in some organisational fashion. Which of the following is not one of such specialisations? 
(a) Customer specialisation (b) Major accounts specialisatibn (c) Product specialisation 
(d) Geographic specialisatlon (e) Economic order specialisation (Ans : e)

33. Greater consumer control means that, in building customer relationships, companies can no longer rely on marketing by intrusion. The most practiced marketing is– 
(a) conversion (b) delivery (c) retention (d) attraction (e) attention (Ans : c)

34. According to Maslow's Hierarchy of Needs, sense of belonging is grouped in– 
(a) Esteem needs (b) Social needs (c) Safety needs (d) Physiological needs (e) Self-actualisation needs (Ans : b)

35. Michael Porter has identified five forces that determine the intrinsic long-run attractiveness of a market segment. Which of the following would not be among Porter's five forces? 
(a) Threat of buyers' growing bargaining power (b) Threat of substitute products (c) Threat of technological partners 
(d) Threat of intense segment rivalry (e) Threat of new entrants (Ans : c)

36. The unplanned static or distortion during the communication process, which results in the receivers' getting a different message then the one that the sender sent is the– 
(a) response (b) feedback (c) noise (d) decoding (e) encoding (Ans : c)

37. If-a MNC like Nestle varied the elements of the marketing mix to suit the countries in which it sold its products, which type of strategy would it be following? 
(a) Differentiated (b) Undifferentiated (c) Standardised (d) Adapted (e) Concentrated (Ans : d)

38. Under which of the following company orientations toward the market place would we expect to get 'better economical' falacy? 
(a) Marketing concept (b) Holistic marketing concept (c) Production concept 
(d) Selling concept (e) Product concept (Ans : c)

39. If a company focuses on only one or a few market segments instead of small share of a large market, the same is– 
(a) Segment marketing (b) Conceptual marketing (c) Mass marketing (d) Micro marketing (e) Niche marketing (Ans : e)

40. An estimate the total financial value of the brand is– 
(a) Brand valuation (b) Brand tracking (c) Brand auditing (d) Brand partitioning (e) Brand equity (Ans : a)

41. The total combined customer value of all the company's current and potential customers is called– 
(a) Customer share (b) Customer delight (c) Customer loyalty (d) Customer orientation (e) Customer equity (Ans : e)

42. We can say that a ………. has three characteristics. (1) It is a source of competitive advantage in that it makes a significant contribution to perceived customer benefits; (2) It has application in a wide variety of markets, and (3) It is difficult for competitors to imitate. 
(a) strategic business unit (b) core competency (c) business strategy (d) winning strategy (e) core technology (Ans : b)

43. Which demographic segmentation divides buyers into different groups based on social class, lifestyle or personality characteristics? 
(a) Age and life cycle segmentation (b) Gender segmentation (c) Age segmentation 
(d) Psycho graphic segmentation (e) Income segmentation (Ans : d)

44. The internet version of word of mouth marketing is termed as– 
(a) Viral marketing (b) Web marketing (c) Channel marketing (d) Network marketing (e) Virtual marketing (Ans : a)

45. ………. is the development, interpretation and communication of decision oriented information to be used in all phases of marketing process. 
(a) Marketing forecast (b) Market intelligence (c) Market planning 
(d) Marketing research (e) Marketing information system (Ans : e)

46. GATT is more than 60 years old treaty designed to promote world trade by reducing tariff and other international trade barriers. GATT stands for– 
(a) General Aspects on Tariff and Trade (b) General Agreement on Tariffs and Trade (c) Geneva Agreement on Trade and Tariff 
(d) General Allowance for Trade and Tariff (e) Geneva Agreement on Traffic or Trade (Ans : b)

47. People differ greatly in their readiness to try new products. Which of the following do not belong to the adapter categorisation on the basis of relation time of adopter of innovators? 
(a) Innovators (b) Laggards (c) Early majority (d) Late majority (e) Super majority (Ans : b)

48. As per BCG Matrix of classification of SBUs of an organisation, Cash cows are SBUs that typically generate– 
(a) large Awareness levels but few sales (b) problems for product managers often (c) high industry growth 
(d) more cash than that can be invested profitably in its own business (e) paper losses in the long run (Ans : c)

49. A strategy of pricing involves using price as in a competitive weapon in order to push competitors out of market or eliminate competitors. 
(a) bargain (b) psychological (c) premium (d) advanced (e) predatory (Ans : e)

50. The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous apex– 
(a) consultative body (b) statutory body (c) advisory body (d) cooperative body (e) corporate body (Ans : b) 

NICL AO Exam General Awareness Solved Paper (Exam Held On: 12-04-2015)

1. Which of the following is the largest general insurance company of India on the basis of gross premium collection inclusive of foreign operations? 
(a) United India Insurance Company Limited (b) Oriental Fire and General Insurance Company Limited 
(c) New India Assurance Company Limited (d) Agriculture Insurance Company of India 
(e) National Insurance Company Limited (Ans : c)

2. The proposed Micro Units Development Refinance Agency (MUDRA Bank) will have a Credit Guarantee corpus of– 
(a) Rs. 15,000 cr (b) Rs. 10,000 cr (c) Rs. 3,000 cr (d) Rs. 20,000 cr (e) Rs. 5,000 cr (Ans : c)

3. The chemical name of 'caustic soda'is– 
(a) Potassium Hydroxide (b) Aluminium Oxide (c) Sodium Hydroxide (d) Sodium Chloride (e) Sodium Bicarbonate (Ans : c)

4. The term 'Front-end load' is associated with– 
(a) Term Deposits (b) Term Loans (c) Insurance Policies (d) Mutual Funds (e) Government Securities (Ans : d)

5. When an insurer passes some part of or all risks to another insurer called Reinsurer, this type of insurance is called– 
(a) Self Insurance (b) Dual Insurance (c) Void Insurance (d) Two Fold Insurance (e) Re-insurance (Ans : e)

6. The capital of the 'People's Republic of China' is– 
(a) Taiwan (b) Hong Kong (c) Shanghai (d) Beijing (e) Shenzhen (Ans : d)

7. A complaint can be lodged with the insurance ombudsman by an aggrieved– 
(a) Corporate Policy Holder (b) Trust/Association holding an Insurance Policy (c) Sole-Proprietor of a firm holding the Insurance Policy 
(d) Individual Policy holder (e) Partnership Firm (Ans : d)

8. Which of the following teams won the Santosh Trophy, the main state competition in Indian Football? 
(a) Punjab (b) Assam (c) Services (d) West Bengal (e) Maharashtra (Ans : c)

9 "Joko Widodo" has been elected as President of– 
(a) Indonesia (b) Mexico (c) Argentina (d) Ukraine (e) Austria (Ans : a)

10. The FIBA cup is associated with which among the following sports ? 
(a) Table Tennis (b) Basketball (c) Hockey (d) Football (e) Cricket (Ans : b)

11. An agency which holds electronic records of insurance policies issued to individuals is known as– 
(a) Insurance Depository (b) Insurance Attorney (c) Stock Insurance Company 
(d) Insurance Actuary (e) Insurance Repository (Ans : e)

12. A life insurance policy which provides coverage at a fixed rate of payments for a limited period of time is known as– 
(a) Whole Life Insurance (b) Variable Universal Life Insurance (c) Term Life Insurance 
(d) Universal Life Insurance (e) Permanent Life Insurance (Ans : c)

13. 'Tribhuvan International Airport' is situated in–
(a) Port Louis, Mauritius (b) Paro, Bhutan (c) Jakarta, Indonesia (d) Kathmandu, Nepal (e) Bangkok, Thailand (Ans : d)

14. Under the recently re-launched "Varishtha Pension Bima Yojana" (VPBY) for senior citizens, the insured person can receive a monthly pension ranging from– 
(a) Other than those given as options (b) Rs. 100/- to Rs. 5,000/- (c) Rs. 500/- to Rs. 5,000/- 
(d) Rs. 1,000/- to Rs. 10,000/- (e) Rs. 50/- to Rs. 500/- (Ans : c)

15. Lia Van Leer of Israel who recently died at the age of 90 years is a pioneering figure in the field of– 
(a) Cultural Studies (b) Farm Productivity and Profitability (c) Human Computer Protection 
(d) Film Programming and Archiving (e) Film Photography (Ans : d)

16. Against-a global average of 50% the female labour force participation rate in India is found to be– 
(a) 23% (b) 53% (c) 33% (d) 63% (e) 13% (Ans : c)

17. Who amongst the following has recently been appointed by the Ministry of Development of North Eastern Region as the Brand Ambassador of the North East region ? 
(a) Mary Kom (b) Sarjubala Devi (c) Suman Bala Devi (d) M. Thomas Meiter (e) Likhmabam Sushila (Ans : a)

18. The Cabinet Minister for Civil Aviation in the Union Council of Ministers is– 
(a) Shri Ananth Kumar (b) Shri Radha Mohan Singh (c) Shri Anant Geete (d) Shri Jual Oram (e) Shri Ashok Gajapati Raju (Ans : e)

19. It is a joint venture between Housing Development Finance Corporation (HDFC), one of India's leading housing finance institution and– 
(a) Standard Life (b) Prudential Life (c) Sun Life (d) Max Life (e) Aviva India (Ans : a)

20. According to the Stockholm International Peace - Research Institute (SIPRI), which one of the following is the world's biggest importer of arms during the five year period from 2010 to 2014 ? 
(a) India (b) Iran (c) Germany (d) Pakistan (e) China (Ans : a)

21. PM recently inaugurated the first of the eight Coastal Surveillance Radar Systems (CSRS) being set up by India in which of the following countries? 
(a) Mauritius (b) Sri Lanka (c) Maldives (d) Seychelles (e) Philippines (Ans : d)

22. The traditional new year celebrations 'Rongali Bihu' which is celebrated with fun in abundance by all people irrespective of caste, creed and belief in the Indian state of–
(a) Goa (b) Assam (c) Telangana (d) Andhra (e) Odisha (Ans : b)

23. The 'Kaziranga National Park' is situated in the Indian state of– 
(a) Assam (b) West Bengal (c) Uttarakhand (d) Chattisgarh (e) Bihar (Ans : a)

24. The Japanese encephalitis, a virus borne disease, which claimed many deaths in India recently, affects which part of the human body? 
(a) Kidney (b) Brain (c) Lungs (d) Intestine (e) Heart (Ans : b)

25. The "Pudhu Vazhvu Scheme" is an empowerment and poverty reduction initiative launched by –
(a) Tamil Nadu (b) Andhra (c) Kerala (d) West Bengal (e) Telangana (Ans : a)

26. Which of the following noted Gandhians, is known - for his rendition of Gandhi katha – stories on the Mahatma's life, which he took across the world and received much acclaim for it? 
(a) S. N. Subbarao (b) Rajmohan Gandhi (c) Mahadev Desai (d) Narayan Bhai Desai (e) Chandi Prasad Bhatt (Ans : d)

27. Which of the following organization processes insurance claims or certain aspects of employee benefit plans for a separate entity? 
(a) Insurance Broker (b) Insurance Surveyor (c) Third Party Owner (d) Insurance Agent (e) Third Party Administrator (Ans : e)

28. The 'National De-worming Day' is observed in India every year on– 
(a) 10th June (b) 10th April (c) 10th March (d) 10th February (e) 10th May (Ans : d)

29. Under the Sukanya Samridhi Yojana (SSY), the interest is payable by the Bank at the rate of– 
(a) 8% (b) 8.7% (c) 8.5% (d) 8.9% (e) 9.2% (Ans : e)

30. What is the minimum number of employees is a firm covered by the retirement fund body Employees Provident Fund Organization (EPFO) for providing social security net? 
(a) Ten (b) Twenty (c) Thirty (d) Fifteen (e) Forty (Ans : b)

31. The Transatlantic Trade and Investment Partnership (TTIP), is a trade and investment agreement under negotiation between the– 
(a) European Union and United States (b) European Union and India (c) "World Trade Organization and India" 
(d) European Union and China (e) India and United States (Ans : a)

32. The currency of the 'Republic of Mauritius' is– 
(a) Other than those given as options (b) Mauritian Riya (c) Mauritian Rial (d) Mauritian Rupee (e) Mauritian Rufiyaa (Ans : d)

33. "One Life is Not Enough" is an autobiography of–. 
(a) Prime Minister Narendra Modi (b) Natwar Singh (c) Dr. Manmohan Singh (d) Sharad Pawar (e) APJ Abdul Kalam (Ans : b)

34. Future Group is an Indian private conglomerate, which is known for having a significant prominence in Indian retail and fashion sector, with popular supermarket chain– 
(a) Hyper City (b) Easy Day (c) More (d) D-Mart (e) Big Bazaar (Ans : e)

35. In the recent Finance Bill-2016 place before the parliament Government proposed the merging of commodity futures market regulator, Forward Markets Commission (FMC) with– 
(a) IRDA (b) PFRDA (c) SEBI (d) RBI (e) FLSRC (Ans : c)

36. An insurance purchased by agricultural producers to protect themselves' against either the loss of their crops due to natural disasters or loss of revenue due to declines in the prices of agricultural commodities is known as– 
(a) Crop Insurance (b) Third Party Insurance (c) Gap Insurance (d) Marine Insurance (e) Auto Insurance (Ans : a)

37. 'Discovered in 1866, the 'Mesabi Iron Range' is the chief deposit of iron ore in the– 
(a) South America (b) Russia (c) Australia (d) Europe (e) United States (Ans : e)

38. According to latest Economic Census released by National Statistical Association, which state has emerged top among states having more household enterprises ? 
(a) Haryana (b) Maharashtra (c) Tamil Nadu (d) Karnataka (e) Rajasthan (Ans : c)

39. Tasmania' is an island state and is part of the– 
(a) Commonwealth of Puerto Rico (b) Commonwealth of Marina Islands (c) Commonwealth of Australia 
(d) Commonwealth of Pennsylvania (e) Commonwealth of Massachusetts (Ans : c)

40. United Nations Industrial Development Organization that promotes industrial development is the specialized agency of the United Nations. It is headquartered in– 
(a) Rome, Italy (b) New York, USA (c) Vienna, Austria (d) Paris, France (e) Gland, Switzerland (Ans : c)

National Insurance Company Ltd. Administrative Officers Exam General Awareness Solved Paper (Exam Held on: 12-04-2015)

1. Mohammad Nasheed who was arrested recently, is the former President of which country ? 
(A) Philippines (B) Myanmar (C) Bangladesh (D) Maldives (E) Malaysia (Ans : D)

2. Which IT firm has been ranked as Top Employer in Europe? 
(A) Abbott (B) Tata Consultancy Services (C) Bentley (D) HEINEKEN (E) Samsung (Ans : B)

3. The country, which set up two commissions on February 10, to investigate human rights abuses and disappearances during nation's decade long civil war– 
(A) Syria (B) Iraq (C) Nepal (D) Tunisia (E) Afghanistan (Ans : C)

4. In 'SIFI', 'S' stands for– 
(A) Science (B) School (C) Systematically (D) Structural (E) System (Ans : C)

5. Air India headquarters located at– 
(A) Hyderabad (B) Kolkata (C) Chennai (D) New Delhi (E) Ahmedabad (Ans : D)

6. As per the World Bank's Index of Ease of Doing Business 2014 India was ranked– 
(A) 138th (B) 189th (C) 123rd (D) 142nd (E) 154th (Ans : D)

7. How many Bank Accounts were opened under "Pradhan Mantri Jan Dhan Yojana" on its inaugural day? 
(A) 2.00 crores (B) 1.25 crores (C) 1.50 crores (D) 1.00 crores (E) None of these (Ans : C)

8. What is the operational range of Shaheen III ? 
(A) 2750 km (B) 2500 km (C) 2250 km (D) 3000 km (E) 3150 km (Ans : A)

9. Ganga Talao is a crater lake situated in a secluded mountain area in the district of Savanne, deep in the heart of– 
(A) Indonesia (B) Maldives (C) Mauritius (D) Malaysia (E) Thailand (Ans : C)

10. Which one of the following rivers of India is called 'biological desert' ? 
(A) Noyyal (B) Damodar (C) Bhiwani (D) Bhadar (E) Narmada (Ans : B)

11. Researchers of which country have developed a candidate vaccine to protect against the deadly Ebola virus which will soon undergo human clinical trials in Africa ? 
(A) Sweden (B) China (C) Britain (D) Russia (E) India (Ans : D)

12. Which of the following authorities is approached for insurance related complaints? 
(A) Governing Body of Insurance Council (GBIC) (B) Insurance Regulatory and Development Authority of India (IRDA) 
(C) Insurance Ombudsman (D) National Insurance Corporation Limited (NICL) 
(E) United India Insurance Corporation (UIIC) (Ans : B)

13. Which of the following states is the winner of the recently held Ranji Trophy 2014-15? 
(A) Tamil Nadu (B) Maharashtra (C) Mumbai (D) Karnataka (E) Vidarbha (Ans : D)

14. The currency of Belgium is– 
(A) Belgian Franc (B) Euro (C) Dollar (D) Pound (E) Yen (Ans : B)

15. Parliament has passed Insurance Laws (amendment) Bill, 2015 in Rajya Sabha on– 
(A) 12 January, 2015 (B) 12 February 2015 (C) 10 February, 2015 (D) 10 March, 2015 (E) 12 March, 2015 (Ans : E)

16. On March 8, which of the following days is celebrated? 
(A) Army Day (B) Women's Day (C) Labour Day (D) AIDS Day (E) Navy Day (Ans : B)

17. Kidambi Srikanth is associated with which of the following sports? 
(A) Chess (B) Cricket (C) Badminton (D) Lawn Tennis (E) Hockey (Ans : C)

18. According to the Insurance Amendment Bill 2015, a health insurance company is required to maintain an equity capital sum of how much ? 
(A) Rs. 25 crores (B) Rs. 22 crores (C) Rs. 30 crores (D) Rs. 25 crores (E) Rs. 100 crores (Ans : E)

19. According to the census 2011, what is the literacy rate in India? 
(A) 74.04% (B) 65.46% (C) 82.14% (D) 61.80% (E) 67.02% (Ans : A)

20. National Insurance Academy (NIA) is situated at– 
(A) Hyderabad (B) New Delhi (C) Ahmedabad (D) Kochi (E) Pune (Ans : E)

21. Which of the following countries has Copenhagen as its capital ? 
(A) Austria (B) Denmark (C) Argentina (D) Sweden (E) Germany (Ans : B)

22. 'The Substance and Shadow' is an autobiography of which of the following eminent personality ? 
(A) R. K. Laxman (B) Dilip Kumar (C) Amitabh Bachchan (D) Lata Mangeshkar (E) Hema Malini (Ans : B)

23. What is the maximum age limit to open Sukanya Samridhi Account? 
(A) 10 years (B) 12 years (C) 15 years (D) 5 years (E) 8 years (Ans : A)

24. World Intellectual Property Organization (WIPO) head-quarters are located at– 
(A) New York, USA (B) Geneva, Switzerland (C) Paris, France 
(D) Vienna, Austria (E) Berlin, Germany (Ans : B)

25. March 10, 2015 is the foundation day of which organization? 
(A) IIT Bombay (B) Life Insurance Corporation of India (C) CSIR 
(D) Public Health Foundation of India (E) Andhra Pradesh Foundation Day (Ans : A)

26. The tennis legend who brought up his 1000th victory at tour level on January 11, 2015 in Brisbane, Australia, is– 
(A) David Ferrer (B) Roger Federer (C) Stanislas Wawrinka (D) Rafael Nadal (E) Novak Djokovic (Ans : B)

27. Maximum shares in NICL is held by– 
(A) Scheduled Commercial Banks (B) Reserve Bank of India (C) Government of India 
(D) IRDA (E) Both (B) and (D) (Ans : C)

28. The Union Budget 2015-16 announced additional surcharge for the super rich with income of over Rs. 1 crore. At what rate will this surcharge be charged ? 
(A) 1% (B) 2% (C) 3% (D) 4% (E) 6% (Ans : B)

29. With reference to which sector of Indian economy did the Economic Survey say that it is suffering from "double financial repression" ? 
(A) Services sector (B) Infrastructure sector (C) Banking sector 
(D) Only (A), (B) and (C) (E) Insurance sector (Ans : C)

30. Which of the following is the winner of the best picture for Oscar Awards 2015? 
(A) The Theory of Everything (B) The Grand Budapest Hotel (C) Boyhood 
(D) Birdman (E) Whiplash (Ans : D)

31. As per the Income Tax Regulations, E-ring of the income tax returns is mandatory for individuals, including salaried taxpayers, earning more than… taxable income during the financial year. 
(A) Rs. 10.00 lakhs (B) Rs. 7.50 lakhs (C) Rs. 2lakhs (D) Rs. 5lakhs (E) None of these (Ans : D)

32. The full form of NBFC is– 
(A) Non-Banking Foreign Company (B) Non-Business Foreign Company (C) New-Business Financial Corporation 
(D) New-Business Finance Company (E) Non-Banking Financial Company (Ans : E)

33. In which of the following countries, the next SAARC summit will be held ? 
(A) India (B) Pakistan (C) Malaysia (D) Sri Lanka (E) China (Ans : B)

34. In insurance sector, FDI is raised from 26% to– 
(A) 47% (B) 50% (C) 49% (D) 40% (E) 60% (Ans : C)

35. Which of the following firm has the highest revenue? 
(A) Indian Oil Corporation (IOC) (B) Bharat Petroleum (C) Hindustan Petroleum 
(D) Reliance Industries (E) State Bank of India (Ans : A)

36. Ranthambore National Park is situated in which of the following states? 
(A) Gujarat (B) Uttarakhand (C) Karnataka (D) Assam (E) Rajasthan (Ans : E)

37. Which amongst the following is not an insurance company functioning in India ? 
(A) ICICI prudential (B) ING Vysya (C) National Securities Depository Limited 
(D) New India Insurance Company (E) None of these (Ans : C)

38. Which of the following is not related to the insurance sector? 
(A) Indemnity (B) Coverage (C) Misuse Alert (D) Annuity (E) Life Insurance (Ans : C)

39. Which of the following types of companies / organisations issue ULIP? 
(A) Insurance companies (B) Banks (C) NABARD (D) RBI (E) SIDBI (Ans : A)

40. 'Kepler 78b' is the name given to a recently discovered- 
(A) Island in the Arctic ocean 
(B) Unidentifying flying object 
(C) Planet beyond Solar System 
(D) Comet in the Solar System 
(E) Particle tested as 'Positive Boson' 
(Ans : C) 

Useful books for Preparation

THE MEGA YEARBOOK 2016 - Current Affairs & General Knowledge for Competitive Exams

Banking Awareness (Objective with Subjective)

Banking Awareness for SBI/IBPS Bank Clerk Exams

India 2016

Current Affairs Yearly 2016 (English)

Current Affairs Made Easy 2016

Current Affairs 2016 for Competitive Exams

Andhra Bank PO Exam General Awareness Solved Questions (Exam Held on: 27.12.15 Evening Shift)

1. Smart vault launched by which bank - ICICI Bank

2. SpeedPay app - BSNL

3. IMF full form - International Monetary Fund

4 World Economic Forum (WEF) Headquarters- Cologny, Switzerland

5. Chairman of the Indian Space Research Organisation - A. S. Kiran Kumar

6. RBI Headquarters - Mumbai

7. Full form of DICGC? - Deposit Insurance and Credit Guarantee Corporation

8. Current Cash Reserve Ratio (CRR)? - 4%

9. World AIDS Day is held on - 1st December 

10. The tenure of the deposit will be minimum under Gold Monetization Scheme. - 1 year 

11. What is the full form of BCSBI? - The Banking Codes and Standards Board of India

12. What is the currency of Germany? - Euro

13. What is the full form of FATCA? - Foreign Account Tax Compliance Act 

14. Sukanya Samriddhi Accounts can be opened up to age of - 10 years

United India Insurance Company Administrative Officers (Mains) Exam General Awareness Solved Paper (Exam Held on 3-1-2015)

1. Subarna Rekha Multipurpose Project (SMP) was started with a purpose to reduce losses due to flood in 1962 and for the distribution of land among the affected people. The states included in the project are– 
(A) Bihar, Odisha and West Bengal (B) Odisha, Uttarakhand and West Bengal (C) Odisha, Madhya Pradesh and West Bengal 
(D) Odisha, Jharkhand and West Bengal (E) Bihar, Jharkhand and West Bengal (Ans : D)

2. The Caparo group has won the International Business of the Year Award 2014 at the Asian Business Award Midlands in Birmingham. The group is founded by leading NRI industrialist– 
(A) S. P. Singh Oberoi (B) Srichand Hinduja (C) Gopichand Hinduja (D) Lord Swraj Paul (E) Lakshmi Mittal (Ans : D)

3. Which of the following is a part of the core sector? 
(A) Textiles (B) Chemicals (C) Real Estate (D) Machine manufacturing (E) Food Processing (Ans : D)

4. National Institute of Bank Management is the Institution meant for– 
(A) All those given as options (B) providing management personnel to the Banks (C) training of bank employees in Banking 
(D) providing consultancies on best practices in bank management (E) recruitment of Bank employees at all levels (Ans : D)

5. Recently India has decided to introduce plastic currency notes. A number of other countries are 'already' using plastic notes, but the pioneer in this field is– 
(A) Sweden (B) England (C) France (D) United States of America (E) Australia (Ans : E)

6. Which airlines was recently joined by the Tata group? 
(A) Pan Am (B) Lufthansa (C) Emirates Airline (D) Air Asia (E) Air France (Ans : D)

7. As per the rankings released by the UNCTAD in its World Investment Report 2014 in respect of most favoured destinations for investment by transnational corporations, India stands at the– 
(A) Fifth position (B) Third position (C) Seventh position (D) Fourth position (E) Sixth position (Ans : D)

8. Telangana has recently became the 29th state of India. Which of the following statements regarding the state is 'not' true? 
(A) It shares boundaries with Andhra Pradesh and Maharashtra (B) It is the 12th largest state of the country in terms of population 
(C) It is the first state to be carved out on a linguistic basis (D) It is the 12th largest state of the country in terms of area 
(E) It has 119 seats in the assembly and 40 seats in the council (Ans : C)

9. Which of the following device is developed by DRDO and is a light weight, multi role, single engine tactical fighter aircraft? 
(A) Prithvi (B) Prahar (C) Akash (D) Brahmos (E) Tejas (Ans : E)

10. Which of the following is a sovereign instrument with a fixed coupon (payable on a specified date or half yearly), issued by Reserve Bank for market borrowing programme of the Government of India ? 
(A) Fixed Deposits (B) Dated Government Securities (C) Debentures (D) Bonds (E) Equity shares of PSBs (Ans : B)

11. As per a notification recently published in the gazette by the Union Water Resources Ministry, the new chairman of the Cauvery Water Disputes Tribunal is– 
(A) Justice B. Rajendran (B) Justice B. S. Chauhan (C) Justice B. R. Sarangi 
(D) Justice B. N. Kripal (E) Justice B. N. Srikrishna (Ans : B)

12. The Minister for 'Health and Family Welfare' in the Union Cabinet is– 
(A) Shrimati Maneka Gandhi (B) Ms. Uma Bharati (C) Shrimati Sushma Swaraj 
(D) Jagat Prakash Nadda (E) Dr. Najma Heptulla (Ans : D)

13. A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called–
(A) Preference Bond (B) Zero Coupon Bond (C) Convertible Bond (D) Perpetual Band (E) Sovereign Bond (Ans : B)

14. Recently, with which one of the following countries India has signed a joint statement named Druzhba-Dosti ? 
(A) Nepal (B) China (C) Russia (D) Bhutan (E) Myanmar (Ans : C)

15. Axis Bank was formerly known as– 
(A) YES Bank (B) UTI Bank (C) City Union Bank (D) HDFC Bank (E) Centurion Bank (Ans : B)

16. Recently, India has signed a first APA agreement with Japanese company. What does APA Stands for? 
(A) Advance Pricing Agreement (B) Advance Perform Agreement (C) Advance Purchase Agreement 
(D) Advance Procure Agreement (E) None of these (Ans : A)

17. The company ‘Associated Journals Limited' (AJL) is the publisher of now-defunct daily newspaper– 
(A) Young India (B) The Independent (C) Amrit Bazaar Patrika (D) Bombay Chronicle (E) National herald (Ans : E)

18. One rupee note bears the signature of– 
(A) President of India (B) Vice President of India (C) Finance Secretary (D) Finance Minister (E) Commerce Minister (Ans : C)

19. As per census 2011, the total urban population of India is 377.1 million. The state having the highest urban population of 50.8 million (13.5% of country's urban population) is– 
(A) Uttarakhand (B) Tamil Nadu (C) Uttar Pradesh (D) Maharashtra (E) Gujarat (Ans : D)

20. A cheque bearing the date earlier than the date of submission to the bank is known as– 
(A) Bearer Cheque (B) State Cheque (C) Crossed Cheque (D) Post Dated Cheque (E) Anti Dated Cheque (Ans : E)

21. The next Commonwealth Summit in 2015 shall be held in– 
(A) Malta (B) India (C) Sri Lanka (D) Maldives (E) Mauritius (Ans : A)

22. Liquidity is injected by the RBI in the economy through which of the following mechanisms ? 
(A) Change in Bank Rate (B) REPO (C) Increase in SLR (D) Through Liquidity Adjustment Facility (E) Increase in CRR (Ans : B)

23. The 'Glimpses of India' Festival showcasing Indian Performing arts, Modern Indian art, Buddhist artifacts and heritage, food and films etc., were organised in 12 cities of– 
(A) China (B) Europe (C) Australia (D) Russia (E) Japan (Ans : A)

24. Which of the following institutions has recently been allowed mandate for grant of banking business license by the RBI ? 
(A) IDFC (B) LIC Housing (C) L & T Finance (D) Bandhan Finance (E) Both (A) and (D) (Ans : E)

25. A Credit Guarantee Test Fund has been setup for guaranteeing Collateral Free Facilities by lending institutions to small scale industries. This fund is being managed by which of the following institutions? 
(A) IDBI (B) NABARD (C) SBI (D) SIDBI (E) RBI (Ans : D)

26. Japan has recently amended its pacifist constitution giving more powers to military. As a reason for amending the constitution, Japan has cited its dispute over Diaoyu Islands with– 
(A) China (B) Vietnam (C) Singapore (D) Philippines (E) New Zealand (Ans : A)

27. Legendary Stock Investor Warren Buffett calls the futures and options segment of the investment market is a weapons of– 
(A) Mass Financial Inclusion (B) Mass Financial Destruction (C) None of these 
(D) Mass Financial Investment (E) Mass Financial Involvement (Ans : B)

28. Latest Institution in providing Institutional Financial Assistance to Women Entrepreneurs is– 
(A) Rural Women Self Help Group (B) National Credit Fund for Women (C) Bharatiya Mahila Bank 
(D) All those given as options (E) Mahila Sarnridhi Kosh (Ans : C)

29. The national capital of the Sweden is– 
(A) Belfast (B) Rome (C) Berne (D) Stockholm (E) Kingstown (Ans : D)

30. Major internet companies are now encrypting all e-mails. For this they usually rely on a form of encryption known as the TLS. The abbreviation TLS stands for– 
(A) Transit Layer Security (B) Through Layer Security (C) Transparent Layer Security 
(D) Transport Layer Security (E) Temporary Layer Security (Ans : D)

31. Which of the following is one of the main functions of RBI? 
(A) Regulations of the Stock Markets (B) Regulation of Life Insurance (C) Regulation of General Insurance 
(D) Regulation of Mutual Funds in India (E) Banker's Bank (Ans : E)

32. Ryder Cup is awarded to the players of– 
(A) Golf (B) Baseball (C) Basketball (D) Cards (E) Cricket (Ans : A)

33. Which indigenous plane was developed by DRDO ? 
(A) Vikrant (B) Vayuyan (C) Tejas (D) Astra (E) None of these (Ans : C)

34. Which of the following is a 2,000-year - old - UNESCO - recognised classical dance-drama form from the Kerala which is feared to face extinction soon ? 
(A) Koodiyattam (B) Kuchipudi (C) Kolattam (D) Kathak (E) Kathakali (Ans : A)

35. The 'International Day of Older Persons' is observed every year on– 
(A) 31st October (B) 21st October (C) 11th October (D) 1st October (E) 19th September (Ans : D)

36. Which of the following authrities is responsible for maintaining accounts, cash deposits and bank management at the government through issue of bonds and Treasury bills? 
(A) SEBI (B) IBA (C) IRDA (D) SBI (E) RBI (Ans : E)

37. The Oscar-winning music composer A. R. Rahman has a street named after him in– 
(A) Spain (B) Canada (C) United States of America (D) France (E) Germany (Ans : B)

38. Who is the winner of Australian Grand Prix 2014? 
(A) Kevin Magnussen (B) Sergio Perez (C) Fernando Alonso (D) Nico Rosberg (E) Felipe Massa (Ans : D)

39. President Shri Pranab Mukherjee while addressing the joint session of parliament on June 14, 2014, spoke about five 'T's, three Ds and three Ss. In this context the Ss represent– 
(A) Society, Secularism and Soundness (B) Size, Safety and Security (C) Simplicity, Sincerity and Seriousness 
(D) Skill, Speed and Scale (E) Shelter, San city and Straightforwardness (Ans : D)

40. Which of the following state has Camel has its official animal? 
(A) Maharashtra (B) Madhya Pradesh (C) Odisha (D) Rajasthan (E) Haryana (Ans : D)