Tuesday 15 November 2011

General Awareness Practice Series-10 ibps clerk exam

1.Which of the following has completed 50 years in 2006 ?
A.LIC
B.HDFC
C.RBI
D.SBI


2. NACP III can be designated as:
A.National Adult Consultancy Programme
B.National AIDS Control Programme
C.New Age Child Programme
D.National Air Craft Programme


3. The purpose of designing MSCI indices is:
A.to measure stock market performances worldwide
B. to study national incomes of various countries
C. to assist UNO in economic projects
D. to eliminate poverty from all the nations

4. Who among the following is the author of the famous classical novel "A Tale of Two Cities" ?
A.H.G Wells
B.Charles Dickens
C.Emile Zola
D.Daniel Defoe


5. Which of the following organizations decided to provide grades to the merchant bankers so that they can track the market and ensure that only good issues arrive in the market ?
A.RBI
B.SEBI
C.AMFI
D.Registrar of companies


6. 'STEP' is the abbreviated name of the program run by UN to deal with
A.E-Waste
B.Garbage
C.Air Pollution
D. Water Contamination


7. As per the reports published in the newspapers the National Housing Bank (NHB) is planning to launch a Reverse Mortage Scheme specially to help which of the following sections of society?
A.people in rural India
B.Senior citizen
C.people living in government accommodations
D.women who are sole bread winners


8. Which of the following organizations prepared a charter of Banking Codes and services? ( All banks are required to sign the same )
A.Indian Bank Association
B.Indian Institute of Banking and Finance
C.RBI
D. BCSBI


9. Jnanpith Award is given for the excellence in the field of ?
A.Music
B.Literature
C.Politics
D.Sports

10. Which of the following organizations laid down the guidelines for foreign companies who wish to raise money from Indian Capital markets ?
A.RBI
B.IRDA
C.SEBI
D. NONE



11. . Which of the following terms is not a financial term ?
A.Investment
B.El Nino effect
C. Core banking Solution
D. All are financial terms


12. Who amongst the following is the Chairperson of the 13th Finance Commission ?
A.Dr. Vijay Kelkar
B.Dr. C. Rangarajan
C.Dr. Bimal Jalan
D.Dr. Rakesh Mohan


13. Match the following books with their authors:
(A) In Line of Fire (i) Pervez Musharraf
(B) My Name is Red (ii) Orhan Pamuk
(C) Call of Honour (iii) Sagarika Ghose
(D) Blind Faith (iv) Jaswant Singh
A B C D
(1) (ii) (i) (iii) (iv)
(2) (ii) (i) (iv) (iii)
(3) (i) (iii) (iv) (ii)
(4) (iii) (i) (ii) (iv)
(5) (iv) (ii) (i) (iii)
1
2
3
4
5


14. Which of the following is a project to develop watersheds in India ?
A.DRDO
B.CARE
C.Avard
D.NWDPRA


15.Many a times we read in news-paper about the benefits of National Electronic, Funds Trans-fer (NEFT) a delivery service launched by the bank. Why banks advocate for such delivery channels ?
1. It is a system in which no physical transfer takes place hence risk is very low.
2. In this system banks are not required to transfer any money actually to the account of the customer. Only book adjustment is done. Hence actual fund is not needed.
3. This facility is available to anybody at any place. Even having a bank account is not at all necessary.
A.Only (1) is correct
B.Only (2) is correct
C.Only (3) is correct
D.Both (1) and (2) are correct
E.All (1), (2) and (3) are correct


16. As reported in the newspapers China has asked its banks to put 12• 5% money instead of earlier 12% as CRR.This correction in CRR is made for the seventh time in last one year. Why did China have to take this step again and again and so frequently ?
1. It will put a curb on lending of the money by the banks.
2. It will help Govt. of China to tame the rate of inflation.
3. It will help poor to get easy loans at cheaper rates from the banks as higher CRR brings more money for acti-vities of the social sector.
A.Only (1) is correct
B.Only (2) is correct
C.Only (3) is correct
D.All (1), (2) and (3) are correct
E.Both (1) and (2) are correct


17. Which of the following is not a mode of foreign capital inflow to India ?
A.FDI
B. No Frills Accounts
C. FII
CDNRI Accounts
E. All these are valid for foreign capital inflow




18. From which date banks were allowed free ti fix the base rates by RBI ?
A.April 1, 2011
B. August 15, 2011
C.July 5, 2011
D. November 11, 2011


19. Who is the First chairman of the private banks association ?
A.S.C Guptha
B. P.N Joshi
C. N.Janaradhan Reddy
D. Chanda Kochhar


20. Under which act local area banks can be established by private promoters ?
A.Company Act-1956
B.National Bank Act-1960
C.Industrial Disputes Act-1949
D.Banking Regulation Act-1949


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