IBPS CWE for POs – General Awareness Material for SBI Exams

1) The few statements relating to economy are given. Pick up correct statements?
1.Mobile Number Portability (MNP) came in to effect on 20 January 2011 in through out India.
2.TATA Nano received the Good Design Award for 2010 by Chicago Athenaeum. It was appreciated to give space for 4 adults.
3.Azim Premzi, the chairman of WIPRO donated $ 2 billion to improve school education in India.
4.NTPC crossed the mile stone of manufacturing 33,000 MW by installing 500 MW unit at Korba (Chattisgarh)
5.All of above

2) The new series of Rs. 10 Gandhi series will have ......... letter and other features are the same, as per the order of the RBI on 19 Jan 2010?
1. P 2. Y 3. S 4. T 5. N

3) Which bank recently restructured its joint venture agreement with Principal Financial Group of Mauritius to do life insurance business and some other kinds of business ?
1. Bank of Baroda 2. Andhra Bank 3. Punjab National Ban 4. ING Vysya 5. Union Bank of India

4) On 11 January 2011, the railways and Rastirya Ispat Nigam Limited ( RINL) to set up new Rail Axle Manufacturing unit at NewJalpaiguri in ......... ?
1. Karnataka 2. Tamilnadu 3. Uttarpradesh 4. Punjab 5. West Bengal

5) The fiscal deficit in 2010-2011 brought down to ......... % against the Budget estimates of 5.5 %?
1. 4.0 2. 5.4 % 3. 4.5 % 4. 5.0 % 5. 5.1 %

6) Union Budget 2011-2012 hiked the exemption limit of general tax payers from Rs. 1,60,000 to ......... ?
1. Rs. 1,80,000 2. Rs. 2,00,000 3. Rs. Rs. 2,50,000 4. Rs. 5,00,000 5. Rs. 2,25,000

7) On 3 January 2011, how many banks were allowed to import gold and silver as per the order of RBI, taking the total number of banks number to 30 to import the precious
metals?
1.12 2.3 3.10 4.14 5. 7

8) Nomadic Elephant is the Joint military between India and ......... concluded in Belgaum on 19 Dec 2010?
1. USA 2. UK 3. France 4. Mongolia 5. Indonesia

9) 23rd Moorti devi Award received by A.A.Namboodri of ......... ?
1. Hindi 2. Malayalam 3. Telugu 4. Tamil 5. Tulu

10) Vajpayee Arogyasri Yojana benifts the BPL families of ......... to provide the free medical help?
1. Gujarat 2. Karnataka 3. Delhi 4. Madhya Pradesh 5. Bihar

11) Jhalanath Khanal is the prime minister of ......... ?
1. Pakistan 2. Bangladesh 3. Myanmar 4. Sri Lanka 5. Nepal

12) Sports events are given. Pick up wrong one?
1. Tendulkar became first bats man to do 50 test centuries in Cricket.
2. Chennai Open Double won by Leander Paes and Mahesh Bhupathi.
3. Ranji Trophy won by Rajasthan defeating Baroda.
4. Saina Nehwal spot first in the world.
5. Bangladesh hosts 2012 Asia Cricket. India is the winner of Asia Cup 2010.

13) Per capita income (per capita net national income at factor cost) in real terms (at 2004-05 prices), is ......... for 2009-2010 as per recent CSO report?
1. Rs. 33,371 2. Rs.32,981 3. Rs.38,981 4. Rs.22,981 5. Rs.82,981

14) On 25 February 2011, Pranab Mukherjee tabled Economic Survey in the Loksabha. He projected the growth of 2011-2012 nearer to ......... ?
1. 9.5 % 2. 10.25 % 3. 9.25 % 4. 8.5 % 5. 9%

15) Economic survey 2010-2011 options are given. Pick up wrong one?
1. Industrial output grows by 8.6 per cent and manufacturing sector registers 9.1 per cent.
2. Savings rate has gone up to 33.7 per cent, while the investment rate is up at 36.5 per cent of GDP
3. Net bank credit grows by 59 per cent
4. Social programme spending stepped up by 5 percentage points of GDP over past 5 years
5. None

16) Railway Budget 2011-2012 proposed to set up 700 MW gas-based power plant at Thakurli, .........
1. West Bengal 2. Tamilnadu 3. Maharastra 4. Haryana 5. Rajasthan

17) In the Railway Budget, the railway minister said out of every rupee received , 65 paise came from ......... ?
1. Passenger tariff 2. Leases 3. Advertisements 4. Goods Traffic 5. Fines from passengers

18) On 6 January 2011, the first phase of the National Cyclone Risk Mitigation Project (NCRMP), was accepted an estimated cost of Rs 1,496.71 crore benefits ......... ?
1. West Bengal and Odisha 2. Andhra Pradesh and Tamilnadu 3. Andhra Pradesh and West Bengal 4. Odisha and West Bengal 5. Andhra Pradesh and Odisha

19) How much amount must be credited to the customer account, if there is any case of failed ATM transactions as per the directive of RBI?
1. Rs. 150 2. Rs. 110 3. Rs. 100 4. Rs. 250 5. Rs. 50

20) As per the statement of RBI’s Deputy Governor K. C. Chakrabarty, at least all villages will have mobile banks by ......... ?
1. 2015 2. 2020 3. 2014 4. 2016 5. 2025

21) Which International Financial Organisation approved a $ 1.5 billion credit and loan for Pradhanmantri Gram Sadak Yozana?
1. International Monetary Fund (IMF)
2. International Financial Corporation (IFC)
3. International Bank for Reconstruction and Development (IBRD)
4. Internaitonal Development Association (IDA)
5. Asian Development Bank (ADB)

22) National Food Security Mission (NFSM) introduced by the central government of India in 2007 to enhance the production of Wheat, rice and ......... by the end of the
Eleventh Five year plan?
1. vegetables 2. eggs 3. fruits 4. pulses 5. oil seeds

23) Which of the following programme not initiated to eliminate Urban Poverty?
1. National Social Assistance Programme (NSAP)
2. Urban Basic Services for the Poor (UBSP)
3. Antyodaya Anna Yozana (AAY)
4. Swarna Jayanti Shahari Rozgar Yozana (SJSRY)
5. Primeminister’s Integrated Urban Poverty Eradication Programme (PMIUPEP)

24) Tendulkar Committee submitted a report on Poverty estimated that 37.2 % of the Indian population are poor. To identify the poverty, he adopted a new formula of……..?
1. Luxuries Expenditure
2. Income of the person
3. Percapita Income
4. Education and Job
5. Cost of Living

25) On 27 January 2011, the central government said the Infant Mortality Rate (IMR) was reduced to ......... In 2008 it was 53 and it was 58 in 2005.(M.P tops
with 67 and Goa with least number of 11)
1. 35 2. 42 3. 40 4. 45 5. 50

26) ......... provides laptops and net books to school teachers at fair prices under the IT @ School project?
1. Kerala 2. Andhra Pradesh 3. Tamilnadu 4. Haryana 5. Sikkim

27) Bhupinder Singh Hooda headed the working group on Agriculture production submitted the report to the prime minister. He is the chief minister of ......... ?
1. Maharastra 2. Haryana 3. Uttar Pradesh 4. Rajasthan 5. Himachal Pradesh

28) Various types of Loans are given. Pick up wrong one?
1. Amortized loan is a loan of scheduled periodic payments of both principal and interest.
2. Refinance means RBI finance the banks to finance the local money lenders
3. Pledge is a kind of loan by putting movable good as security where as Mortgage is a kind of loan by putting immovable property as security.
4. Standing Loan is a type of loan where payments are made of interest only. Principle return last.
5. Balloon loan is not fully amortized. A balloon payment is required at the end of the term to repay the remaining principal balance of the loan.

29) Union budget 2011-2012 proposed to grant Rs…………..crore to SIDBI (Small Industrial Development Bank of India) for refinancing incremental lending by banks
to Micro Small and Medium Enterprises?
1. 5000 2.6000 3.7000 4.8000 5.10000

30) Mamata Benarjee Proposed highest ever plan outlay of Rs ......... crore in the latest 2011-2012 Budget?
1. 68,050 2. 91,000 3. 57,360 4. 1Lakh 5. 61,025

31) Rail minister Mamata Benarjee laid down the foundation stone for the new rail line from Jogbani in India to Biratnagar in .........?
1. Bangladesh 2. Bhutan 3. Nepal 4. Myanmar 5. China

32) Free magazine distributed to the passengers on high end trains like the Rajadhani express and Shatabdi express. The name of the magazine is ......... ?
1. Rail Bandhu (Rail friend)
2. Rail Siksha (Rail Awareness)
3. Rail Padna (Rail Reading)
4. Rail Samay (Rail Time)
5. Rail Aaz (Rail Today)

33) Pricing of the Bank Products, in an inflationary market in the ......... ?
1. increasing trend
2. decrease and increase trend
3. decreasing trend
4. Negative trend
5. All of above

34) Oldest Joint Stock Bank in India is ......... ?
1.ICICI 2. Union Bank of India
3. Andhra Bank 4. Bank of Rajasthan
5. Allahabad Bank

35) Acronyms are given. Pick up incorrect one?
1. PSLV: Pillar Satellite Launch Vehicle
2. UNODC: United Nations Office on Drugs and Crime
3. INSPIRE: Innovation in Science Pursuit for Inspired Research
4. NDTL-Net Demand and Time Liabilities
5. SARS: Severe Acute Respiratory Syndrome

36) Date List is given. Pick up wrong one?
1. February 28 - National Science Day
2. February 27- International Polar Bear Day
3. February 24 - Central Excise day
4. 22 - International Mother Language day
5. February 14 - Valentines Day

37) The recent books and authors are given. Pick up incorrect one?
1.Civil Disobedience: Two Freedom Struggles, One Life by Lakshmi Chand Jain
2. India For a Billion Reasons edited by Amit Das Guptha
3. Global Crisis Recession and Uneven Recovery: Y. Venu Gopal Reddy
4. Problems of Agricultural Growth in India : Mansih Dubey
5. None.

KEY:

1)5 2)5 3)3 4)5 5)5 6)1 7)5 8)4 9)2 10)2 11)5 12)4 13)1 14)5 15)5 16)3 17)4 18)5 19)3 20)1 21)3 22)4 23)3 24)5 25)5 26)1 27)2 28)2 29)1 30)3 31)3 32)1

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