IBPS General Awareness

Following is the material for IBPS Probationary Officers / Management Trainees Common Written Examination. This material is also useful for SBI PO written test. SBI has not joined in the league of banks which are taking IBPS scores for short listing the candidates for PO recruitment. Key / Answers are also available at the end of the questions.

1. RBI increased the savings bank rate from 3.5 percent to …………… percent?
1) 5 2)4.5 3)4 4)10 5)5

2. With in how many days the wrong debited amounts must be reimbursed or else the bank has to pay Rs. 100 per day as per the new order of Reserve Bank of India?
1) 12 days 2) 14 days 3) 7days 4) 8 days 5) 30 days

3. ……….. received the infuse of Rs.1740 crore under the recapitalization package to shore up bank’s equity capital?
1) Indian bank 2) Axis Bank 3) Oriental Bank of Commerce 4) Indian Overseas Bank 5) Canara Bank

4. Reliance Communications got the second installment of $ 400 million from ………..
1) World Bank 2) IMF 3) China Development Bank 4) IDA 5) IFC

5. Which international monetary organization came forward to lit 12,000 villages by providing electricity. It granted the loan worth of $ 120 million?
1) IFC 2) UNO 3) ADB 4) IBRD 5) IDA

6. Acting Managing Director of International Monetary Fund ( IMF) is ………..?
1) John Lipsky 2) Robert Zoellick 3) Vineeth Verman 4) Lakshmi Venkatachalam 5) None

7. If there is an inflationary trend in the country, the banking products lead to the …………?
1) Decreasing trend 2) Constant trend 3) Zero trend 4) Increasing trend 5) there is no relation between inflation and banking products pricing.

8. Among the following banks, which one is the Public Sector Bank, but not nationalized banks?
1) IDBI bank 2) Allahabad bank 3) Union bank of India 4) Central Bank of India 5) Bank of Maharastra

9. Which among the following bank was merged with State Bank of India in 2010?
1) State Bank of Hyderabad
2) State Bank of Travancore
3) State Bank of Indore
4) State Bank of Patiala
5) State Bank of Mysore

10. Hawala transaction means ………..?
1) The transaction done in the bank
2) The transaction done in the bank through proper channel of the government of India
3) a mode of transferring of funds out of India or into the country, by passing official and legal channels
4) Indian mode of keeping the money in the savings account
5. None

11. Maharatna Status given to ONGC, IOC, SAIL and NTPC. The norms to brand any company as Maharatna changed on 17 March 2011. Pick up the wrong one?
1) They should have annual turnover of Rs.20,000 crore in the last three years.
2) The company must have an average annual net worth of Rs. 10,000 crore in the last three years in a row.
3) The company must be started least 40 years back.
4) The company must get the average profit of Rs. 2500 crore.
5) None

12. The biggest single day jump registering 623.10 points since May 2009 occurred in Bombay Stock Exchange sensex. This event occurred on…….?
1) 11th March 2011 2) 1st January 2011 3) 3rd January 2011 4) 2nd April 2011 5) 1st March 2011

13. Tummalapalle, Kadapa District, Andhra Pradesh came in to news as the deposits of ………..mines found?
1) Thorium 2) Radium 3) Molybdenum 4) Manganese 5) Uranium

14. Sulabh International provides the cost effective and environment friendly technology in the providing toilets in the ………..?
1) NAM 2) ASEM 3) APEC 4) ASEAN 5) SAARC

15. The Award list is given. Pick up wrong one?
1) Man Booker International prize winner Philip Roth ( American author)
2) Jawaharlal Nehru International Understanding Award got by
German Chancellor Angela Merkel
3) C.K.Naidu life achievement award got by Salim Durani, the famous test cricketer
4) Rajkumar Award got by Saroja devi 5) None

16. Deodhar Trophy won by ………..?
1) South Zone 2) East Zone 3) West Zone 4) North Zone 5) Central Zone

17. “Exchange Control Manual” is the publication of…in the context of foreign exchange
1) Finance Minister
2) Department of Commerce
3) Foreign Trade Promotion Board
4) SEBI 5) Reserve Bank of India

18. ……….. called the chief Coordinator of the rural credit in India?

1) RBI 2) Co-operative banks 3) NABARD 4) SBI 5) RRB

19. ……….. Committee submitted the report to prime minister of India on Consumer Affairs insisted to ban the futures trading in the essential commodities?
1) Kiran Kumar Reddy
2) Sivaraj Singh Chouhan
3) Narendra Modi
4) Ashok Gehlat 5) Prudveeraj Chouhan

20. BASEL committee recognizes three risks. They are ………..?
1) Market Risk, Operational Risk and Cash Risk
2) Market Risk, Operational Risk and Credit Risk
3) Lending Risk, Operational Risk and Payments Risk
4) Floating Risk, Payment Risk, Credit Risk
5) None

21. Financial Inclusion do not include ………..?
1) Every Indian must hold a bank account
2) Reaching of Banking services to the door steps the common people even in rural areas
3) Business Correspondents will be appointed by the bank to deliver the banking services in rural areas
4) Opening of No frill accounts
5) Opening of satellite banks, door step banking etc

22. Which Bank is set to open the overseas branches in Mozambique, Bhutan, Hong Kong, Dubai and Sri Lanka in the coming days?
1) State Bank of India
2) Indian Bank
3) Central Bank of India
4) Syndicate Bank
5) Indian Overseas Bank

23. Pure Banking nothing Else is the punch line of ………..?

1) S.B.I 2) S.B.H 3) Allahabad Bank 4) Syndicate Bank 5) IDBI

24. The paper currency does not bare the signature of RBI governor is ……?
1) 10 rupee 2) 20 rupee 3) 50 rupee 4) 100 rupee 5) 1 rupee

25. “Apple Advance Scheme” launched in ………..?
1) Jammu and Kashmir
2) Haryana 3) Uttarakhand
4) Andhra Pradesh
5) Arunachal Pradesh

26. ……….. is not the part of the RBI monetary and Credit Policy?
1) Repo rate
2) Cash Reserve Ratio
3) Reverse Repo Rate
4) Foreign Exchange Rate
5) All of the above

27. The last journey of ……….. returned to Cape Canaveral on March 9,2011?
1) Columbia 2) Ariana 3) Messenger 4) Apollo 5) Discovery

28. The Abbreviation list is given. Pick up wrong one?
1) ODA- Overseas Development Assistance
2) LPD- Landing Platform Docks
3) EMMRC -Educational Multimedia Research Centre
4) CRAR -Capital to Risk Weighted Assets Ratio
5) NSDC -National Skill Dealing Council

29. India’s wild tiger population was increased by ……….. percent in the last 4 years. 2010 census telling the tiger population was 1706
1) 18 2) 24 3) 10 4) 12 5) 20

30. ……….. express run by railways connect state capitals and important towns within the state?
1) Kavi Guru 2) Vivek 3) Matrubhumi 4) Karmabhomi 5) Rajya Rani

31. A high-level Committee headed by the Chairman of ……….. to examine ways of strengthening laws to curb generation of “illegal” wealth?

1) Central board of Direct Taxes 2) State bank of India 3) IRDA 4) SEBI 5) FICCI

32. Distribution of subsidized sanitary napkins to adolescent girls in the age group of ……… years in rural India start on 1 August 2011?
1) 8 -12 2) 10 -14 3) 15 -18 4) 10 -19 5) 18 -21

33. ……….. allowed the women employee for 2 years leave during their entire service period for children’s proper care?
1) Uttarakhand 2) Andhra Pradesh 3) Goa 4) Tamilnadu 5) Bihar

34. Which state distributed 2 crore health cards to School children for regular check-up and treatment for them? It will be come in to effect from 22 March 2011, on the eve of
the state formation day.
1) Andhra Pradesh 2) West Bengal 3) Bihar 4) Karnataka 5) Goa

35. May day list given. Pick up wrong one?
1) International Labour day – May 1
2) World Asthma day – May 2
3) International Energy day – May 4
4) Red Cross day – May 8
5) Mohter’s day – May 2nd Sunday

36. Extraordinary International Energy Forum meeting was held in….February 2011
1) Doha 2) Moscow 3) Oslo 3) Dubai 5) Riyadh

37. Sixth BASIC ministerial meeting on Climate Change held in………?
1) Bejing 2) Durban 3) Johannesburg 4) New Delhi 5) Brasilia

38. G-8 countries list is given. Pick up the not one among them?
1) U.K 2) Australia 3) Canada 4) Russia 5) France

39. ……….. government banned the bartan system which allows the upper caste people to extract work from barbers and washermen
during family occasions?
1) Meghalaya 2) Odisha 3) Andhra Pradesh 4) Assam 5) Maharastra

40. ‘Sanchar Shakti’ is a scheme benefit ……….. a value added service through mobile handsets?
1) health workers 2) Doctors 3) Lawyers 4) Women SHG 5) Sports persons

41. An individual can not open an account in ……….?
1) RBI 2) Commercial Bank 3) C0-operative Bank 4) Foreign bank
5) Private Bank

42. On 7 March 2011, Supreme Court allowed ……………….?
1) Aggressive euthanasia
2) Active euthanasia
3) Violent euthanasia
4) Vibrant euthanasia
5) Passive euthanasia

43. Planned expenditure excess over the income is called……….?
1) Deficit Financing 2) Scarce Financing 3) Float Financing 4) Meter Financing 5) None

44. Aim to introduce the KYC guidelines is…………?
1) to block black money and money laundering
2) to know the number of customers
3) to share the information in the computers
4) to know the authority of the person to deposit
5) all of above

KEY:
1)3 2)3 3)3 4)3 5)3 6)1 7)4 8)1 9)3 10)3 11)3 12)5 13)5 14)4 15)5 16)4 17)5 18)3 19)3 20)2 21)1 22)3 23)1 24)5 25)1 26)4 27)5 28)5 29)4 30)5 31)1 32)4 33)1 34)3 35)3 36)5 37)4 38)2 39)2 40)4 41)1 42)5 43)1 44)1.