General Socio & Banking Gk

8/4/2019 General Socio & Banking Gk

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(A) total income less Govt. borrowing(B) total payments less total receipts(C) total payments less capital receipts(D) total expenditure less total receipts excluding borrowing(E) None of these

8. In the Capital Market, the term arbitrage is used with reference to(A) purchase of securities to cover the sale(B) sale of securities to reduce the loss on purchase(C) simultaneous purchase and sale of securities to make profits from price(D) variation in different markets(E) Any of the above9. Reverse repo means(A) Injecting liquidity by the Central Bank of a country through purchase of Govt.securities(B) Absorption of liquidity from the market by sale of Govt. securities(C) Balancing liquidity with a view to enhancing economic growth rate

(D) Improving the position of availability of the securities in the market(E) Any of the above10. The stance of RBI monetary policy is(A) inflation control with adequate liquidity for growth(B) improving credit quality of the Banks(C) strengthening credit delivery mechanism(D) supporting investment demand in the economy(E) Any of the above11. Currency Swap is an instrument to manage(A) Currency risk(B) interest rate risk(C) currency and interest rate risk(D) cash flows in different currencies(E) All of the above12. Sub-prime refers to(A) lending done by banks at rates below PLR(B) funds raised by the banks at sub-Libor rates(C) Group of banks which are not rated as prime banks as per Bankers Almanac (D) lending done by financing institutions including banks to customers not meeting withnormally required credit appraisal standards(E) All of the above13. Euro Bond is an instrument(A) issued in the European market(B) issued in Euro Currency(C) issued in a country other than the country of the currency of the Bond(D) All of the above(E) None of theseBank of Baroda po exam papers question 14 to 2514. Money Laundering normally involves(A) placement of funds


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(C) SIDBI(D) SEBI(E) None of these22. Who is Brand Endorsing Personality of Bank of Baroda ?(A) Juhi Chawla

(B) Kiran Bedi(C) Amitabh Bachchan(D) Kapil Dev(E) None of these23. The branding line of Bank of Baroda is(A) International Bank of India(B) Indias International Bank(C) Indias Multinational Bank(D) Worlds local Bank(E) None of these24. The logo of Bank of Baroda is known as

(A) Sun of Bank of Baroda(B) Baroda Sun(C) Bank of Barodas Rays(D) Sunlight of Bank of Baroda(E) None of these25. Which of the following statements(s) is/are True about the exports of China which isa closecompetitor of India ?(i) Chinas economic success is basically on the fact that it exports cheaper goods torich nationslike the USA, etc.(ii) In the year 2007 Chinas exports became almost 40% of its GDP. (iii) When compared to India Chinas share in the World Exports is more than 30%whereasIndias share is mere 6% of the global exports.(A) Only (i)(B) Only (ii)(C) Both (i) and (ii)(D) All (i), (ii) and (iii)(E) None of theseBank of Baroda po exam papers Answers from 1 to 25 are as follows,1. (E) 2. (B) 3. (A) 4. (D) 5. (C)6. (C) 7. (D) 8. (C) 9. (A) 10. (E)11. (D) 12. (D) 13. (C) 14. (D) 15. (D)16. (E) 17. (C) 18. (C) 19. (A) 20. (D)21. (D) 22. (E) 23. (B) 24. (B) 25. (C)

General Socio-Economic & Banking Awareness


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26. One of the major challenges banking industry is facing these days is moneylaundering.Which of the following acts/norms are launched by the banks to prevent moneylaundering ingeneral ?

(A) Know Your Customer Norms(B) Banking Regulation Act(C) Negotiable Instrument Act(D) Narcotics and Psychotropic Substance Act(E) None of these27. Lot of Banks in India these days are offering M-Banking Facility to their customers.What isthe full form of M in M-Banking ?(A) Money(B) Marginal(C) Message

(D) Mutual Fund(E) Mobile Phone28. Which of the following is/are true about the Sub-Prime Crisis ? (The term was verymuchin news recently.)(i) It is a mortgage crisis referring to credit default by the borrowers.(ii) Sub-Prime borrowers were those borrowers who were rated low and were high riskborrowers.(iii) This crisis originated because of negligence in credit rating of the borrowers.(A) Only (i)(B) Only (ii)(C) Only (iii)(D) All (i), (ii) and (iii)(E) None of these29. Which of the following is not the part of the structure of the Financial System in India?(A) Industrial Finance(B) Agricultural Finance(C) Government Finance(D) Development Finance(E) Personal Finance30. Which of the following is not the part of the scheduled banking structure in India ?(A) Money Lenders(B) Public Sector Banks(C) Private Sector Banks(D) Regional Rural Banks(E) State Co-operative Banks31. As we all know Govt. of India collects tax revenue on various activities in thecountry.Which of the following is a part of the tax revenue of the Govt. ?


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(i) Tax on Income(ii) Tax on Expenditure(iii) Tax on Property or Capital Asset(iv) Tax on Goods and Services(A) Both (i) and (iii) only

(B) Both (ii) and (iv) only(C) All (i), (ii), (iii) and (iv)(D) Only (ii), (iii) and (iv)(E) None of these32. We very frequently read about Special Economic Zones (SEZs) in newspapers.These SEZswere established with which of the following objectives ?(i) To attract foreign investment directly.(ii) To protect domestic market from direct competition from multinationals.(iii) To provide more capital to agricultural and allied activities.(A) Only (i)

(B) Only (ii)(C) Only (iii)(D) All (i), (ii) and (iii)(E) None of these33. Which of the following groups of countries has almost 50% share in global emissionofcarbon every year ?(A) US, China, India, South Africa(B) India, China, Russia, Britain(C) South Africa, Nepal, Myanmar(D) US, Russia, China & India(E) None of these34. Which of the following correctly describes the concept of Nuclear Bank floated byInternational Atomic Energy Agency ?(i) It is a nuclear fuel bank to be shared by all the nations jointly.(ii) It is a facility to help nations in enrichment of uranium.(iii) It is an agency which will keep a close vigil on the nuclear programme of all thenations.(A) Only (i)(B) Only (ii)(C) Both (i) and (iii) only(D) Only (iii)(E) Both (i) and (ii) only35. Many times we read about Future Trading in newspapers. What is Future Trading ? (i) It is nothing but a trade between any two stock exchanges wherein it is decided topurchasethe stocks of each other on a fixed price throughout the year.(ii) It is an agreement between two parties to buy or sell an underlying asset in thefuture at apredetermined price.


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(iii) It is an agreement between stock exchanges that they will not trade the stocks ofeach otherunder any circumstances in future or for a given period of time.(A) Only (i)(B) Only (ii)

(C) Only (iii)(D) All (i), (ii) and (iii)(E) None of theseBank of Baroda po exam papers 2 question No. 36 to 5036. Inflation in India is measured on which of the following indexes/indicators ?(A) Cost of Living Index (COLI)(B) Consumer Price Index (CPI)(C) Gross Domestic Product(D) Wholesale Price Index (WPI)(E) None of these37. As per the reports published in the newspapers a section of society staged a

demonstration atthe venue of the G-8 Summit recently. What was/were the issues towards which thesedemonstrators were trying to draw the attention of G-8 leaders ?(i) Food shortage which has taken 50 million people in its grip.(ii) Inflation which has gone up substantially across the Globe.(iii) USAs consistent presence in Iraq.(A) Only (i)(B) Only (ii)(C) Only (iii)(D) Both (i) and (ii) only(E) None of these38. Hillary Clinton formally suspended her campaign to ensure election of who amongstthefollowing for the next President of USA ?(A) George Bush(B) Barack Obama(C) John McCain(D) Bill Clinton(E) None of these39. Hugo Chavez whose name was recently in news is the(A) President of Congo(B) Prime Minister of Uganda(C) President of Venezuela(D) Prime Minister of Brazil(E) None of these40. The Govt. of India has raised the amount of the Loan Waiver to the farmers by 20%.Now theamount is nearly(A) Rs. 60,000 crore(B) Rs. 65,000 crore


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(C) Rs. 72,000 crore(D) Rs. 76,000 crore(E) Rs. 80,000 crore41. Delimitation Commission has made a recommendation that next Census should bePanchayat-wise. When is the next Census due ?

(A) 2010(B) 2011(C) 2012(D) 2013(E) 201542. The World Health Organisation has urged that advertisements of which of thefollowingshould be banned to protect youth from bad effects of the same ?(A) Tobacco(B) Alcoholic drinks(C) Junk Food

(D) Soft drinks with chemical preservatives(E) None of these43. Which of the following countries has allocated a huge amount of US $ 10 billion toproviderelief to its earthquake victims ?(A) Japan(B) South Korea(C) China(D) South Africa(E) None of these44. India and Nepal have many agreements on sharing of the water of various rivers.Which ofthe following rivers is not covered under these agreements ?(A) Kosi(B) Gandak(C) Ganga(D) Mahakali(E) All these rivers are covered45. Which of the following names is not closely associated with space programme ofIndia orany other country ?(A) CARTOSAT(B) NLS 5(C) RUBIN 8(D) GSLV(E) SCOPE46. Vijay Hazare Trophy is associated with the game of(A) Hockey(B) Cricket(C) Badminton


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(D) Football(E) Golf47. Which of the following was the theme of the Olympic Torch ?(A) Journey of Harmony(B) Green World Clean World

(C) Journey of Peace(D) Journey for Hunger-free World(E) None of these48. Which of the following schemes is not a social development Scheme ?(A) Indira Awas Yojana(B) Mid Day Meal(C) Bharat Nirman Yojana(D) Sarva Shiksha Abhiyan(E) All are social schemes49. Which of the following is not a member of the ASEAN ?(A) Malaysia

(B) Indonesia(C) Vietnam(D) Britain(E) Singapore50. Which of the following Awards are given for excellence in the field of Sports ?(A) Kalinga Prize(B) Shanti Swarup Bhatnagar Award(C) Arjun Award(D) Pulitzer Prize(E) None of theseBank of Baroda po exam papers 2 Answers from 26 to 50 are as follows,26. (E) 27. (E) 28. (D) 29. (E) 30. (A)31. (C) 32. (A) 33. (D) 34. (B) 35. (B)36. (D) 37. (B) 38. (B) 39. (C) 40. (A)41. (B) 42. (A) 43. (C) 44. (C) 45. (E)46. (B) 47. (A) 48. (C) 49. (D) 50. (C)

Bank PO - General Socio-Economic & Banking AwarenessBank PO - General Socio-Economic & Banking Awareness1. RBI's open market operation transactions are carried out with a view to regulate ____(A) Liquidity in the economy(B) Prices of essential commodities(C) Inflation(D) Borrowing power of the banks(E) All the aboveAns (E)2. Open market operations , one of the measures taken by RBI in order to control creditexpansion in the economy means ____(A) Sale or purchase of Govt. securities


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(B) Issuance of different types of bonds(C) Auction of gold(D) To make available direct finance to borrowers(E) None of theseAns (A)

3. The bank rate means ___(A) Rate of interest charged by commercial banks from borrowers(B) Rate of interest at which commercial banks discounted bills of their borrowers(C) Rate of interest allowed by commercial banks on their deposits(D) Rate at which RBI purchases or rediscounts bills of exchange of commercial banks(E) None of theseAns (D)4. What is an Indian Depository Receipt?(A) A deposit account with a Public Sector Bank(B) A deposit account with any of depositories in India(C) An instrument in the form of depository receipt created by an Indian depository

againstunderlying equity shares of the issuing company(D) An instrument in the form of deposit receipt issued by an Indian depositories(E) None of theseAns (C)5. Fiscal deficit is ____(A) total income less Govt. borrowing(B) total payments less total receipts(C) total payments less capital receipts(D) total expenditure less total receipts excluding borrowing(E) None of theseAns (D)6. In the capital market , the term arbitrage is used with reference to ____(A) purchase of securities to cover the sale(B) sale of securities to reduce the loss on purchase(C) simultaneous purchase and sale of securities to make profits from price(D) variation in different markets(E) Any of the aboveAns (C)7. The stance of RBI monetary policy is _____(A) inflation control with adequate liquidity for growth(B) improving credit quality of the Banks(C) strengthening credit delivery mechanism(D) supporting investment demand in the economy(E) Any of the aboveAns (E)8. Currency Swap is an instrument to manage ___(A) currency risk(B) interest rate risk(C) currency and interest rate risk


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(D) cash flows in different currency(E) All of the aboveAns (D)9. "Sub-prime" refers to_______(A) lending done by banks at rates below PLR

(B) funds raised by the banks at sub - Libor Rates(C) Group of banks which are not rate as prime banks as per Banker's Almanac(D) lending done by financing institutions including banks to customers not not meetingwithnormally required credit appraisal standards(E) All of the aboveAns (D)10. Euro Bond is an instrument _____(A) issued in the European market(B) issued in Euro currency(C) issued in a country other than the country of the currency of the Bond

(D) All of the above(E) None of theseAns (C)11. Money laundering normally involves _____(A) placement of funds(B) layering of funds(C) integrating of funds(D) All of (A), (B) & (C)(E) None of (A), (B) & (C)Ans (D)12. The IMF and the World Bank were conceived as institutions to ____(A) strengthening international economic co-operation and to help create a more stableandprosperous global economy(B) IMF promotes international monetary cooperation(C) The World Bank promotes long term economic development and poverty reduction(D) All of (A),(B) & (C)(E) None of (A),(B) & (C)Ans (D)13. Capital Market Regulator is _____(A) RBI(B) IRDA(C) NSE(D) BSE(E) SEBIAns (e)14. In the term BRICS , R stands for ______(A) Romania(B) Rajithan(C) Russia


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(D) Regulation(E) Npne of theseAns (C)15. FDI refers to _____(A) Fixed Deposit Interest

(B) Fixed Deposit Investment(C) Foreign Direct Investment(D) Future Derivative Investment(E) None of theseAns (C)16. Which is the fist Indian company to be listed in NASDAQ?(A) Reliance(B) TCS(C) HCL(D) Infosys(E) None of these

Ans (D)17. Which of the following is the Regulator of the credit rating agencies in India?(A) RBI(B) SBI(C) SIDBI(D) SEBI(E) None of theseAns (D)18. Who is Brand Endorsing Personality of Bank of Baroda?(A) Juhi Chawala(B) Kiran Bedi(C) Amitabh Bachchan(D) Kapil Dev(E) None of theseAns (E)19. The Branding Line of Bank of Baroda is ____(A) International Bank of India(B) India's International Bank(C) India's Multinational Bank(D) World's Local Bank(E) None of theseAns (B)20. The logo of Bank of Baroda is known as ___(A) Sun of Bank of Baroda(B) Baroda Sun(C) Bank of Baroda's Rays(D) Sunlight of Bank of Baroda(E) None of theseAns (B)


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21. One of the major challenges banking industries is facing these days is moneylaundering.Which of the following acts/ norms are launched by the banks by the banks to preventmoneylaundering in general ?

(A) Know your customer norms(B) Banking Regulation Act(C) Negotiable Instrument Act(D) Narcotics and Psychotropic Substance Act(E) None of theseAns (E)22. Lot of Banks in India these days are offering M-Banking Facility to their customers .What isthe full form of 'M' in 'M-Banking'?(A) Money(B) Marginal

(C) Message(D) Mutual Fund(E) Mobile PhoneAns (E)23. Which of the following is/are true about the "Sub-Prime Crisis" ? (The term was verymuchin news recently.)(1) It is a Mortage Crisis referring to Credit default by the borrowers(2) Sub-Prime borrowers were those borrowers who were rated low and were high riskborrowers(3) This crisis originated of negligence in credit rating of the borrowers(A) Only 1(B) Only 2(C) Only 3(D) All 1,2 & 3(E) None of theseAns (D)24. Which of the following is NOT the part of the structure of the financial System inIndia ?(A) Industrial Finance(B) Agricultural Finance(C) Government Finance(D) Development Finance(E) Personal FinanceAns (E)25. Which of the following is NOT the part of the Scheduled Banking structure in India ?(A) Money Lenders(B) Public Sector Banks(C) Private Sector Banks(D) Regional Rural Banks


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(E) State Co-operative BanksAns (A)26. As we all know Govt. of India collects tax revenue on various activities in thecountry.Which of the following is a part of the tax revenue of the Govt. ?

(1) Tax on Income(2) Tax on Expenditure(3) Tax on property or Capital Asset(4) Tax on Goods and Services(A) Both 1 and 3 only(B) Both 2 and 4 only(C) All 1,2,3 & 4(D) Only 2,3 and 4(E) None of theseAns (C)27. We very frequently read about Special Economic Zones (SEZs) in newspapers.

These SEZswere established with which of the following objectives ?(1) To attract foreign investment directly(2) To protect domestic market from direct competition from multinationals(3) To provide more capital to agriculture and allied activities(A) Only 1(B) Only 2(C) Only 3(D) All 1,2 & 3(E) None of theseAns (A)28. Which of the following groups of the countries has almost 50% share in Globalemission ofcarbon every year ?(A) US, China, India, South Africa(B) India, china, Russia , Britain(C) South Africa, Nepal , Myanmar(D) US, Russia, China & India(E) None of theseAns (D)29. Many times we read about Future Trading in newspapers. What is Future Trading ?(1) It is nothing but a trade between any two stock exchanges where in it is decided topurchasethe stocks of each other on a fixed price throughout the year(2) It is an agreement between two parties to buy and sell an underlying asset in thefuture at apredetermined price(3) It is agreement between Stock Exchanges that they will not trade the stocks of eachotherunder any circumstances in future or for a given period of time


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(D) Soft drinks with chemical preservatives(E) None of theseAns (A)35. Which of the following countries has allocated a huge amount of US $ 10 billion toprovide

relief to its earthquake victims ?(A) Japan(B) South Korea(C) China(D) South Africa(E) None of theseAns (C)36. Which of the foloowing names is NOT closely associated with space Programme ofIndia orany other country ?(A) CARTOSAT

(B) NLS-5(C) RUBIN-8(D) GSLV(E) SCOPEAns (E)37. Vijay Hazare Trophy is associated with game of _____(A) Hockey(B) Cricket(C) Badminton(D) Football(E) GolfAns (B)38. Which of the following was theme of the Olympic Torch ?(A) Journey of Harmony(B) Green World Clean World(C) Journey of Peace(D) Jouney of Hunger-free World(E) None of theseAns (A)39. Which of the following schemes is NOT a social development Scheme ?(A) Indira Awas Yojana(B) Mid Day Meal(C) Bharat Nirman Yojana(D) Sarva Siksha Abhiyan(E) All are Social SchemesAns (C)40. Which of the following is NOT a member of ASEAN ?(A) Maleysia(B) Indonesia(C) Vietnam


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(D) Britain(E) SingaporeAns (D)41. Which of the following awards are given for the excellence in the field of Sports ?(A) Kalinga Prize

(B) Shanti Swarup Bhatnagar Award(C) Arjun Award(D) Pulitzer Award(E) None of theseAns (C)42. Inflation in India is measured on which of the following indexes/indicators ?(A) Cost of Living Index (COLI)(B) Consumer Price Index (CPI)(C) Gross Domestic Product (GDP)(D) Wholesale Price Index (WPI)(E) None of these

Ans (D

1. Which of the following is a programme to provide electric connections to those livingbelowpoverty line ?(A) MPLADS(B) Kutir Jyoti(C) Ganga Kalyan Yojana(D) Sangam Yojana(E) None of these

Ans : (B)2. As per the guidelines issued by the SEBI the Permanent Account Number (PAN) is amust forwhich of the following ?(A) Demat Accounts(B) All Saving Banks Accounts(C) All Housing Loan Accounts(D) All Current Accounts(E) None of theseAns : (A)3. For getting National Old Age Pension the age of the person should not be less than

(A) 50 years(B) 55 years(C) 58 years(D) 60 years(E) 65 yearsAns : (E)4. Many a times we read about the priority sector in newspapers. Which of the followingis/are


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considered segment(s) of Priority Sector in India ?1. Agriculture2. Small Scale Industry3. Textile Industry(A) Only 1

(B) Only 2(C) Only 3(D) All 1, 2 and 3(E) None of theseAns : (A)5. The average size of holdings in India is about 2 hectares or 5 acres. What problemsdo farmersnormally face due to this ?1. Proper irrigation facilities are not possible for these farms.2. Scientific and advanced techniques are very expensive for these farms.3. It does not pose a problem for them. These farms are ideal in size. Hence all sorts of

advancedmethods can easily be used for them.(A) Only 1(B) Only 2 is correct(C) Only 3 is correct(D) Both 1 and 2 are correct(E) None is correctAns : (B)6. Which of the following is considered a technological factor in the productivity ofagriculturalland ?(A) Inadequate irrigation facilities(B) Size of holding(C) Pattern of Land Tenure(D) Type of marketing facilities in the area(E) All the aboveAns : (A)7. Many times we read a term Free Market in newspapers. What does it mean ?[Pick up the correct statement(s)]1. It is a market where pricing is driven by the laws of supply and demand.2. In free market things are available without restraints of the government3. In such markets goods are free from extraneous influences such as tariff or quotas.(A) Only 1(B) Only 2(C) Only 3(D) 1 and 2 both(E) 1, 2 and 3 allAns : (E)8. Earlier it was thought safe to allow each financial institution to carry out only one typeof


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financial service. But now banks are selling shares, insurance companies can sellbankingservices.These new financial conglomerates are colloquially referred to as(A) Multinationals

(B) Financial supermarkets(C) Market regulators(D) Brand Promoters(E) None of theseAns : (B)9. Marketing of agro products and also of the cottage industry is most important foreconomicdevelopment. Which of the following should be the major consideration for themarketing ofrural products ?(A) Proper storing facility only

(B) Proper holding capacity only(C) Adequate and cheap transport facility only(D) Small number of intermediaries only(E) All the above are neededAns : (E)10. Many people travel to different parts of India to work as agricultural labour as thewagesgiven to them are different in different parts. Which of the following is/are determiningfactor(s)in deciding the structure of agricultural wages in India ?1. Land to Labour ratio i.e. The number of people employed on a land holding of aparticularsize.2. Nature of crop sown on the land. Food crops do not attract good wages whereascommercialcrops do.3. Nature of the area as a high productivity area will have higher wages and vice-versa.(A) Both 1 and 2(B) Both 1 and 3(C) Only 2(D) All 1, 2 and 3(E) None of theseAns : (D)11. The structure of the financial system in India can be divided into many segments.Which ofthe following is not one of these segments ?(A) Industrial Finance(B) Agriculture Finance(C) Developmental Finance(D) Government Finance


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(E) Personal FinanceAns : (E)12. Which of the following statements about the changes in cropping patterns is/arecorrect ?1. The Govt. of India can influence crop pattern through legislative and administrative

measures.2. The Cropping pattern normally depends upon the climatic conditions of the area.3. As 80% of the agro products are being exported from India the cropping patterndepends uponthe WTO stipulations in the field.(A) Only 1(B) Only 2(C) Both 1 and 2 are correct(D) Only 2 and 3 are correct(E) All 1, 2 and 3 are correctAns : (E)

13. The Head of the Hindu Undivided Family (HUF) is called(A) Swami(B) Karta(C) Bharta(D) Agraj(E) JyeshthiAns : (B)14. The Banking Industry and financial sector in India has come a long way in the pastfewyears. Which of the following were the major drawbacks of the banks in India, inheritedfrom theBritish Raj owing to which the Govt. of India decided to nationalize them in 1969 and putthemthrough a series of reforms again ?1. Interlocking of directorship of big business houses.2. Paucity of credit to socially and economically important sectors of the economy.3. Shortage of trained manpower to handle the major task of economic development.(A) Only 1(B) Only 2(C) Only 3(D) Both 1 and 2(E) All 1, 2 and 3Ans : (D)15. A national policy to provide rural credit was launched by the Govt. of India in generaland byRBI and NABARD in particular. Which of the following cannot be considered as one oftheobjectives of this National Policy ?1. To ensure timely and increased flow of credit to the rural sector.


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2. To make available credit facilities to every region of the country so that there are noregionalimbalances.3. To establish a well organized network of informal/non institutional credit system in thecountry.

(A) Only 1(B) Both 1 and 2(C) Only 3(D) Both 1 and 3(E) All 1, 2 and 3Ans : (C)16. Under Bharat Nirman Programme of the Govt. of India action is proposed in variousareas.Which of the following is not one of these areas ?(A) Irrigation(B) Rural Roads

(C) Rural Housing(D) Rural Water Supply(E) Rural EmploymentAns : (E)17. Which of the following is the name of the legislation, which provides employment tothepoors in remote areas of the country ?(A) NREGA(B) POTA(C) FEMA(D) COFEPOSA(E) None of theseAns : (A)18. The Reserve Bank of India issues coins and notes of various denominations. Atpresent RBIdoes not issue coins of which of the following denominations ?(A) 10 paise(B) 25 paise(C) 50 paise(D) 100 Rupee(E) 500 RupeeAns : (A)19. Many a times we come across a term Know Your Customer in area of bankingtransactions.Which of the following is the main purpose of issuing Know Your Customer guidelinesby theRBI ?(A) To provide better customer service(B) To keep a check on money laundering(C) To bring more and more people in the Income Tax net


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(D) To make high value transactions faster(E) None of theseAns : (B)20. Which of the following is not correct about the various targets set for 11th Five YearPlan ?

(Whole plan period 2007-12).(A) Farm sector growth to be increased to 8%(B) GDP growth rate to be increased to 10%(C) Create 7 Crore new jobs(D) Literacy rate is to be increased to 80%(E) Reduction in unemployment amongst the educated youthAns : (A)21. Many a times we come across a term read as GM in reference to certain crops.What is thefull form of the term GM ?(A) Geographically Moderated

(B) Genetically Modified(C) Globally Marketed(D) Grown after Modifications(E) None of theseAns : (B)22. Many a times we see a term in newspapers IPO. What is the full form of the same?(A) Indian Public Offer(B) Institutional Purchase Offer(C) Industrial Purchase Order(D) Indian Purchase Offer(E) Initial Public OfferAns : (E)23. Which of the following is not the part of the Charter of the National Rural HealthMission(NRHM) ?1. NRHM has to pay special attention to 18 States, which have weak Public HealthIndicators.2. Mission provides for appointment of Accredited Social Health Activist (ASHA) in eachone offour metros so that these metros become free from Polio, Malaria, and HIV infections by2010 ?3. It aims at effective integration of Private Sector in health sector so that governmentburden canbe reduced to the level of mere policy maker.(A) Only 1(B) Only 2(C) Both 2 and 3(D) Only 3(E) Both 1 and 3


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Ans : (C)24. Who amongst the following had said small aim is crime ?(A) Jawaharlal Nehru(B) Lal Bahadur Shastri(C) Smt. Indira Gandhi

(D) Dr. A. P. J. Kalam(E) Dr. Manmohan SinghAns : (D)25. The rate on which banks lend to RBI is known as(A) CRR(B) PLR(C) Bank Rate(D) REPO Rate(E) SLRAns : (A)26. Which of the following name is not associated with the insurance business in India ?

(A) Bajaj Allianz(B) LIC(C) GIC(D) Tata AIG(E) GE MoneyAns : (E)27. Which of the following awards is given for excellence in the field of sports ?(A) Kalidas Samman(B) Dhyanchand Award(C) Shram Vir Award(D) Shanti Swarup Bhatnagar Award(E) None of theseAns : (B)28. Which of the following does not represent the name of a bank working in India ?(A) YES(B) HDFC(C) TATA(D) Kotak Mahindra(E) AxisAns : (C)29. Who amongst the following addresses the nation on the Independence Day from therampartsof the Red Fort, Delhi ?(A) President of India(B) UPA Chair person(C) Speaker of the Lok Sabha(D) Prime Minister of India(E) None of theseAns : (D)30. Which of the following is considered an informal method of getting credit/finance ?


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(A) Internet Banking(B) Branch visits(C) Going to money lenders(D) Tele Banking(E) All of these

Ans : (C)31. Which of the countries represent letter C in the category known as BRIC countries?(A) Canada(B) Chile(C) Cuba(D) Croatia(E) ChinaAns : (E)32. Nobel Prizes are not given for the performance in the area of(A) Literature

(B) Physics(C) Chemistry(D) Music(E) Medical ScienceAns : (D)33. Which of the following countries has not made any significant investment in India ?(A) Japan(B) USA(C) Nepal(D) Britain(E) FranceAns : (C)34. Twenty-20 matches are played in the game of(A) Hockey(B) Football(C) Badminton(D) Tennis(E) CricketAns : (E)35. Which of the following is known as Plastic money ?1. Demand Draft2. Credit Card3. Debit Card(A) Only 1(B) Only 2(C) Only 3(D) Both 2 and 3(E) All 1, 2 and 3Ans : (D)


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36. In which of the following Hindi films actor Shahrukh Khan has played the role of aHockeyCoach ?(A) Guru(B) Chak De India

(C) Om Shanti Om(D) Jab We Met(E) None of theseAns : (B)37. Which amongst the following nations is not a member of the SAARC ?(A) Bangladesh(B) Bhutan(C) Nepal(D) Maldives(E) South AfricaAns : (E)

38. Which of the following organizations/bank has done a commendable work in thefield ofmicro finance and was awarded Nobel Prize also in the past ?(A) Gramin Bank of Bangladesh(B) CRY(C) ASHA(D) NABARD(E) None of theseAns : (A)39. Which of the following is not a Public Sector Unit/Undertaking/ Agency ?(A) ECGC(B) SEBI(C) SIDBI(D) Axis Bank(E) BHELAns : (D)40. The European Union has adopted which of the following as a common currency ?(A) Dollar(B) Dinar(C) Yen(D) Peso(E) EuroAns : (E)41. Various Govt. agencies/organizations are given responsibilities for implementingvariouspolicies/decisions of the Govt. of India. Policies about credit flow to theagricultural/prioritysector are framed/implemented through which of the following apex bodies ?(A) ECGC(B) NABARD


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(C) UTI(D) IDBI Bank(E) None of theseAns : (B)42. Which of the following is not a foodgrain ?

(A) Wheat(B) Rice(C) Maize(D) Jowar(E) CottonAns : (E)43. Many a times we read in newspapers about Financial Inclusion. What does it reallymean ?[Pick up correct statement(s)]1. Allow the merger and acquisition of banks so that only few big banks exist andcontinue to

cater to the need of corporate sector.2. Expending the network of banks in such a way that people from lower strata ofsociety alsoget the benefit of services provided by banks.3. Providing Insurance cover to each and every citizen so that he/she can live a healthyand longlife.(A) Only 1(B) Only 2(C) Only 3(D) Both 1 and 2(E) All 1, 2 and 3Ans : (B)44. Which of the following is not a gallantry Award ?(A) Vir Chakra(B) Jeevan Raksha Padak(C) Ashok Chakra(D) Mahavir Chakra(E) Saraswati SammanAns : (E)45. Heavy Water is normally used by which of the following industries ?(A) Nuclear Power generation plants(B) Pharma Industry(C) Paper Industry(D) Sugar plants(E) None of theseAns : (A)46. As per news items published in various newspapers, Italy has offered its help indevelopingSMEs in India. What is the full form of SME ?


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(A) Small and Monopolistic Economy(B) Small and Medium Enterprises(C) Speedy and Mechanical(D) Small and Medium Level Economy(E) None of these

Ans : (B)47. Which of the following indexes is developed to measure life expectancy, level ofliteracy,education and standard of living of people in a country ?(A) Inflation(B) Sensex(C) Human Development Index(D) SLR(E) None of theseAns : (C)48. Which of the following is a type of tax levied by the Govt. on goods and services ?

(A) SAT(B) NET(C) PAN(D) VAT(E) None of theseAns : (D)49. Who amongst the following was made the Chairman of the National Land ReformsCouncil ?(A) Smt. Sonia Gandhi(B) Arjun Singh(C) Pranav Mukherjee(D) Kamal Nath(E) Manmohan SinghAns : (E)50. Which of the following is not a foreign bank working in India ?(A) HSBC(B) Barclays(C) Standard Chartered(D) Yes Bank(E) All are foreign banksAns : (E)

General Socio & Banking Gk

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