IBPS General Awareness

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

Probationary Officers are the most demanding career in Banking sector. IBPS, Mumbai conducts all India level Common Written Examination (CWE) for Probationary Officers / Management Trainees. There are about 15 PSU banks which consider IBPS scores for short listing the candidates for group discussion and interviews. General Awareness is an important part of all the Bank recruitment exams. SBI conducts it own written test for POs recruitment. This materials is also useful for SBI recruitment. Key is provided at the end of the bitbank.

1. On 24 March 2011, to which bank, RBI had given permission to raise Rs.1000 cr. of which Rs.500 cr. can be raised through GDRs also?
1) ICICI bank 2) YES bank 3) HDFC bank 4) ING Vysya Bank 5) Dhanalaxmi Bank

2. If a letter from a bank, guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount, it is called ………?
1) Indemnity 2) Pledge 3) Mortgage 4) Letter of Credit 5) Estoppel

3. ……… sanctioned $89.7 million to Assam Power Sector Enhancement program?
1) IBRD (International Bank for Reconstruction and Development
2) IMF ( International Monetary Fund)
3) IDA (International Development Association)
4) ADB ( Asian Development Bank)
5) IFC ( International Finance Corporation)

4. On 21 February 2011, Reliance Industrial Limited (RIL) sold away the sale of 30% stake in 23 blocks to the ..……… for $ 7.2 billion?
1) Scotland Oil 2) Vodafone 3) London Oil 4) Llyod Insurance 5) British Petroleum

5. March list of days given. Pick up wrong one?
1) 8 March- International Women’s Day
2) 15 March- World Consumer Day
3) 17 March- National Vaccination Day
4) 19 March – World Disabled Day
5) 22 March- World Day for Water

6. Recently India’s longest rail bridge work completed having the length of 4.62 km connecting Idapalli to Vallarpadam in Kochi in ..……..?
1) Tamilnadu 2) Bihar 3) Kerala 4) Odisha 5) Goa

7. On 11 January 2011, India’s third Antarctica research centre officially opened. It is …….?
1) Maitri 2) Dakshin Gangothri 3) Himadri 4) Astra 5) Bharati

8. 22nd Moorti devi Award got by Dr. Raghuvansh (Hindi) and 23rd Moorti devi Award got by .……, the Malayalam writer.
1) C. Narayan Reddy 2) Akkitham Achuthan Namboodiri 3) O.N.V. Kurup 4) Veerappa Moily 5) Vishnu Sastry

9. How many teams participated in 2011 Cricket cup?
1) 15 2) 18 3) 14 4) 10 5) 8

10. National Games highest tally of Gold medals got by ……………? ( 70 Gold Medals)
1) Manipur 2) Haryana 3) Goa 4) Services 5) Assam

11. India is the ………… largest nation in the terms of Purchasing Power Parity ( PPP)
1) Second 2) Fifth 3) Third 4) Fourth 5) Tenth

12. The famous personalities are given. Pick up correct pair?
1) K. Subramanyam – Defence Analyst 2) Fateh Singh – Conservator for Wild Life 3) Ashok Sahani – Mining 4) K.S.Chitra – Vocal Music 5) All of above

13. The heads of the states/ appointments are given. Pick up wrong one?
1) Loonel Fernandez Reyna-president of Dominican Republic
2) James Alix – president of Scychelles
3) Mari Kiviniemi – Prime minister of Finland
4) Kamala Persad – Bissessar- Prime minister of Trinidad and Tobago
5) None

14. Which day is celebrated as Earth day?
1) 18 April 2) 14 April 3) 22 April 4) 23 April 5) 7 April

15. Indian National Maritime day celebrated on …………?
1) 12 January 2) 15 January 3) 28 February 4) 5 April 5) 8 March

16. The books written by V.S. Naipaul?
1) Half a Life 2) A House for Mr. Biswas 3) In A Free State 4) Bend in the River 5) All of above

17. Which among the following book is not written by A.P.J.Abdul Kalam?
1) Inspiring Thoughts 2) wings of fire 3) The Greatness Guide 4) 2020- A Vision for the New Millennium 5) My Journey

18. The highest number of wickets taken in World cup Cricket 2011 (with economy rate of 3.62 ) is ………….
1) Muralidharan 2) Yuvaraj Singh 3) Zaheer Khan 4) Tim Southee 5) Shahid Afridi

19. The statements related to the famous Games in the world are given. Pick up wrong one?
1) Olympics- 2008 (Beijing), 2012 (London), 2016 ( Rio)
2) Common Wealth Games-2006 (Sydney), 2010 (New Delhi) , 2014 (Glasgow)
3) Asian Games-2006 (Doha), 2010 (Guangzhou) , 2014 (Incheon)
4) South Asian Games-2006 (Colombo), 2010 (Dhaka), 2012 (New Delhi)
5) None

20. The sports terms are given. Pick up correct one?
1) Cricket- Ashes, Banana, Caught, Doosra, Fine Leg, Googly, Hat-trick, In swing
2) Chess-Bishop, Capture, Grand Master, King, Pawn, Queen, Rook, Stalemate
3) Basket Ball-Basket, Blocking, Free Throw, Jump Ball, Multiple Throws
4) Hockey- Advantage, Bully, Corner, Dribble, Free-hit, Goal Line, Green Card
5) All of above

21. To protect the farmers and cattle growers against any eventual loss of their animals due to death …….. was introduced by the ministry of Agriculture in 2005-06. The premium also subsidized up to 50% by the governments.
1) Animal Health Insurance Scheme
2) Animal Health Scheme
3) Live Stock Protection Scheme
4) Animal Breeding Scheme
5) Livestock Insurance Scheme

22. Rashtriya Swasthya Bima Yojna (RSBY) announced by the Prime Minister August 15, 2007, to provided the insurance cover to Below Poverty Line (BPL) up to Rs.30,000 per annum for a nominal registration of Rs. ………. ?
1) 100 2) 200 3) 30 4) 150 5) 500

23. Union Budget 2011-2012 enhanced Lower Excise duty from 4 percent to ..……%?
1) 5 2) 6 3) 7 4) 8 5) 9

24. Aam Admi Bima Yozana (AABY) announced on 2 October 2008, provides the insurance if the bread winner in the family dies or disabled in the rural area. Who administers this scheme?
1) LIC 2) State Governments 3) UNO 4) ASHA 5) None

25. Provision of Urban Amenities in Rural Areas (PURA) provide the ..… organized by Ministry of Rural Development (MoRD)?
1) Urban Infrastructure 2) Rural Infrastructure 3) School Education 4) Higher education 5) All of above

26. Indira Gandhi National Widow Pension Scheme introduced on 1 February 2009, provide the pension of Rs.200 to the widows aged between ……..years?
1) 40-60 2) 50-70 3) 55-65 4) 45-64 5) 58-65

27. The Custom duty exemptions as per the 2011-12 Budget proposals are given below. Pick up Correct one?
1) Batteries imported by manufacturers of electrical vehicles 2) Concessional excise duty of 10 per cent to vehicles based on Fuel cell technology.
3) Basic customs duty on solar lantern reduced from 10 to 5 per cent. 4) Exemption from import duty for spares and capital goods required for ship repair units extended to import by ship owners 5) All of above

28. The book list is given. Pick up wrong one?
1) R.K.Narayan-Swami and Friends, Grand Mother’s Tale, A tiger of malgudi, the man- eater of malgudi, A horse and Two Goats, The Bachelor of Arts, The Guide
2) A.P.J.Abdul Kalam- Inspiring Thoughts, wings of fire, Indomitable Spirit, 2020- A Vision for the New Millennium, Guiding Souls, Envisioning an Empowered Nation
3) Chetan Bhagat-2 States, 3 Mistakes of My life, One Night @ The call Center, Five Point Some One
4) Robin Sharma- The Greatness Guide, The Monk Who Sold His Ferrari, The Leader Who Had No Title: A Modern Fable On Real Success in Business and in Life
5) None

29. Which bank was emerged as the most popular bank 2010 in the case of more online visits?
1) SBI 2) CITI bank 3) HDFC 4) Bank of Baroda 5) None

30. The Railway Budget 2011-2012 proposals to construct new projects are given below. Pick up correct one?
1) A bridge factory will be set up in Jammu 2) Disel Locomotive unit will be established in Manipur
3) Wagon units in Kolar (Kerala), Alappuzha (Kerala) and Buniadpur (West Bengal)
4) 700 MW gas based power plant will be established in Thakurli in Maharastra
5) All of above

31. The recent appointments and elections was given. Pick up wrong one?
1) Pascal Lamy elected as the Director General of WTO
2) Anibal Cavaco Silva elected as the president of Portugal second time
3) Sudhir Chandra took oath as the chairman of Central Board of Direct Taxes.
4) K.S. Das Guptha became the Director of the Indian Institute of Space Science and Technology
5) None

32. To kill the financial problems of Hand Weavers, Union Government provides Rs. 3,000 cr to ………… as per the budget 2011-12?
1) SBI 2) SFC 3) NCB 4) State Governments 5) NABARD

33. SAIL ultimately got clearance from the ministry of environment and forests to dig Iron Ore Mines. These mines are located in ……….?
1) Goa 2) Odisha 3) Andhra Pradhesh 4) Jharkhand 5) Bihar

34. IAF inducted ‘Super Hercules’ Transport Aircraft, imported from ………?

1) Russia 2) UK 3) France 4) USA 5) Italy

KEY:

1-5; 2-4; 3-4; 4-5; 5-3; 6-3; 7-5; 8-2; 9-3; 10-4; 11-4; 12-5; 13-5; 14-3; 15-4; 16-5; 17-3; 18-5; 19-5; 20-5; 21-5; 22-3; 23-1; 24-1; 25-1; 26-4; 27-5; 28-5; 29-3; 30-5; 31-5; 32-5; 33-4; 34-4.