SBI General Awareness Questions – Page 5

1. On 10 Feb 2010, Reserve Bank of India issued a draft circular to adopt “Base Rate System” by all banks. Pick up correct one?
1. Banks should adopt Base Rate System instead of present BPLR system, at the time of lending
2. The Base Rate will be the minimum rate for all Commercial Loans and banks will not be permitted to resort to any lending below this
rate.
3. All new loans and old loans come for renewal attracts Base Rate.
4. Base Rate comprise of Cost of Deposits, Adjustment for the Negative carry in respect of SLR and CRR, Unallocable Overhead Cost etc .
5. All of above

2. The existing categories of Non-Banking Finance Companies (NBFC) are Asset Finance Companies (AFC), Loan Companies (LCs), and Investment Companies. On 12 Feb 2010 Reserve Bank of India initiated to introduce a new category NBFC. It is……?
1. Innovation Companies
2. Economic Research Companies
3. Initiated investment Companies
4. Daily Finance Companies
5. Infrastructure Finance Companies

3. If the net worth of company is above Rs.1000 crore by 1 Apr 2010, they should follow IFRS norms. If their net worth is Rs.500 crore –
Rs.1000 crore they should follow by 1 APR 2003, and below than Rs.500 crore they should follow by 1 Apr 2014. All small and medium scale industries, and unlisted firms are exempted from IFRS. IFRS means …. ?
1. International Financial Respect Scheme
2. International Financial Reign System
3. Inter-continental Financial Report System
4. International Financial Reporting Standards
5. International Financial Responsive Systems

4. The World Bank released its Global Economic Progress 2010 and it has the details of Indian Economy.. Pick up correct one?
1. In 2010-2011, India grow by 7.5 – 8 %
2. In 2011-2012, India grow by 7.5 – 8%
3. In 2009-2010, Indian growth will be around 6 % only
4. The report hailed the performance of Indian economy, despite the economic crisis in world
5. All of above

5. Telecom Minister A. Raja provided the following information regarding TELE DENSITY. Pick up incorrect one?
1. National Telecom Policy 1999, estimated that 600 million tele connections will be there by 2012
2. By Dec 2009, India has 580 million connections
3. By Mar 2010, we can have 600 million connections
4. The tele density in the country rise to 40 percent in 2009 from 15 percent in 2007
5. India has largest number of telephones in the world

6. To whom the Finance ministry had given permission to issue Rs. 5000 crore Tax Free Bonds (TFB) carry an interest in the range of
6.5 % to 7.25 % ?
1. Reserve Bank of India
2. Oil and Natural Gas Corporation
3. Steel Authority of India Limited
4. Coal India Limited
5. Indian Railway Finance Corporation

7. Many state Governments introduced the Budgets in the month of February 2010. Pick incorrect one
1. Bihar- Nitish Kumar Government promised to distribute Bhoodan and Surplus land to Tea plantations
2. Chhattisgarh- Raman Singh Government introduced many schemes apart from Bharat Shakshar Yozana to bring literacy campaign in 8 districts in the state.
3. Andhra Pradesh- Rosaiah government decided to scrap the Free Medical Insurance Scheme (Rajiv Arogyasree) on the recommendation of World Bank
4. Madhya Pradesh- Siv Raj Singh Chauhan Government preferred to introduce new scheme “Mukhya Mantri Sadak Yozana” to connect rural roads much like NDA government’s “Pradhana Mantri Gram Sadak
Yozana”
5. Uttar Pradesh- Mayawathi Government forwarded policy of ‘Sarvajan Hitaya sarvajan sukhaya’ and allotted Rs.402 crore for the Chief minister Mahamaya Garib Arthik Madad Yozana.

8. Of the following statements which one is correct regarding the terms used in Budget formation?
1. Revenue receipts = Tax Revenue + Non- Tax Revenue
2. Revenue deficit = Revenue Expenditure – Revenue Receipts
3. Fiscal Deficit = Total Expenditure – (Revenue Receipts + Recovery of Loans + Other Receipts)
4. Primary Deficit = Fiscal Deficit – interest payment
5. All of above

9. Rs.100 crore allocated to Mahila Kisan Sashakti Karan Pari Yozana.
It benefits … ?
1. Woman unemployed
2. Woman house wife
3. Woman farmer
4. Woman bank employee
5. Woman public sector employee

10. Mamata Benarjee promised to establish new Wagon factories in Railway Budget. Pick up where the factories will be established?
a. Secunderabad (Andhra Pradesh)
b. Bangalore (Karnataka)
c. Guwahati (Assam)
d. Bhubaneswar (Orissa)
e. Haldia (West Bengal)
f. Barddhaman (West Bengal)
g. Jam Nagar (Gujarat)
1. a b c d e f g 2. b c d e g 3. a c d e f 4. c d e f g 5. a b c d

11. Three Indian Oil companies ONGC, IOC, OIL have decided to invest around $ 2.25 billion in CARABOBO-1 project of Orinoco extra heavy belt. This belt is in …… ?
1. Dubai 2. Israel 3. Chile 4. Argentina 5. Venezuela

12. BSNL will have tie up with ……, a Chennai based IT company to provide a cheaper Broad Band Connectivity in rural areas?
1. Novotel 2. Navatium 3. Aircel 4. Infosys 5. Tanla

13. National Consumer Dispute Redressal Commission headed by ……. ?
1. Justice K.S. Guptha
2. Justice R.C. Jain
3. Justice R.K.Batta
4. Justice Ashok Bhan
5. Justice B.N.P.Singh

14. Bhandari committee constituted to give recommendations on ….
1. CBS upgradation in RRB’s
2. Reconstruction of RRB’s
3. Giving permission to RRB’s to sell Mutual Funds
4. Permission to RRB’s to open overseas branches
5. Merger of RRB’s with Co-operative Banks

15. Second India- Arab investment Projects Conclave held at New Delhi on 8 Feb 2010, revealed the data that India- Arab Nations present trade estimated of $114 Billion and it will be almost double to $ 230 Billion by …… ?
1. 2011 2. 2012 3. 2013 4. 2014 5. 2015

16. To encourage competitive pricing coordination between alternative modes of transport in order to provide an integrated and sustainable transport system, the central government introduced ….
1. National Transport and Competitive Authority
2. Indian Transport and Sequential ordering Authority
3. National Eminent Sustainable and Patrol Authority
4. Trans National Programmable and Transmission Authority
5. National Transport Development Policy Committee

17. …… is world’s largest micro-irrigation manufacturer, an Indian based company signed MOU with International Rice Research Institute
(IRRI), Manila (Philippines), for jointly conduct drip irrigation research?
1. Indo-Psalm Manufactures
2. Nandiya Enterprises
3. Jain Irrigation
4 Ambani Micro Irrigations
5. Santa Biotechs

18. 3 GSM World Congress representing mobile operators, vendors and across the world held its annual conference in … In this conference,
Microsoft announced its new revamped mobile operating system,
Windows Phone 7 Series.
1. Washington 2. Tokyo 3. Barcelona 4. Singapore 5. Moscow

19. Government of India, as a part of new nutrient-based subsidy scheme, effective from 1 Apr, 2010, the new price of Urea has been
raised from Rs.4,830 rupees to ….. rupees per metric tonne.
1. 10,000 2. 5,310 3. 6,120 4. 7,360 5. 9,000

20. On 12 Feb 2010, the second estimates of crop production released. The correct statement is …… ?
1. Total Food grains – 216.85 million tonnes
2. Rice – 87.56 million tonnes
3. Wheat – 80.28 million tonnes
4. Pulses – 14.74 million tonnes
5. All of above

21. Which committee is appointed by the government over the study of Forest Rights Act?
1. Veerappa Moiley 2. K.L.Rao
3. Devendra Pandey 4. Pratap Bhushan
5. Mrinal Pandey

22. On Feb 16, 2010 the central power minister Sushil Kumar Shindey declared ….. district in India as the first total electrified district?
1. Sirpa (Himachal Pradesh)
2. Ernakulam (Kerala)
3. Haripur (West Bengal )
4. Mannavaram (Andhra Pradesh)
5. Palakkad (Kerala)

23. In the development of South – south Partnership, Partners in Population and Development (PPD), an inter-governmental alliance of twenty-four ‘developing’ countries established. It’s head quarter is at …… ?
1. New Delhi 2. Taipei 3. Beijing 4. Dhaka 5. Colombo

24. Recently Dr. Horst Koehler visited India to finalize economic and technological cooperation worth about Rs. 2,500 crore and some
other pacts. He is the president of …… ?
1. Australia 2. France 3. Germany 4. England 5. None

25. In 2008-2009, the performance of Public sector Banks and private banks is very well. Pick up the wrong one relating to their performance?
1. Public sector Banks and Private sector Banks did an average Business Per Employee (BPE) of Rs.7.44 crore
2. Private Banks generated higher Profit Per Employee (PPE) of Rs.6.16 Lakh
3. Public Sector Banks generated PPE about Rs.4.72 lakh
4. State Bank of India did Business Per Employee (BPE) of Rs.20 crore
5. Public Sector Banks increased their branch network by 2 % but their employee strength fell by 1 %.

KEY
1.5 2.5 3.4 4.5 5.5 6.5 7.3 8.5 9.3 10.3 11.5 12.2 13.4 14.2 15.4
16.5 17.3 18.3 19.2 20.5 21.3 22.5 23.4 24.3 25.4.

1. To bring Transparency and Public Accountability, the UPA government made serious attempts to float many public institutions.
Pick up correct one?
a. Large number of legislations govern financial sector are very old and they have more ambiguity as they passed in the different time.
b. The government will establish the Financial Sector Legislative Reforms Commission to rewrite and clean up the financial sector
reforms
c. UIDAI will get Rs. 1900 Cr.
d. IT projects like Tax information Net Work, National treasury Management Agency etc will be established
e. A symbol of Indian rupee will be framed to get distinguishing identity in international arena
1. a b c d 2. b c d e 3. a c d e 4. c d 5. a b c d e

2. Few corporate giants established or intend to establish the world class level institute/institutes in the various Places in India . Find the correct one?
a. Reliance Industries – Mumbai or Delhi
b. Aditya Birla group – Bangalore
c. Vedanta Group – Orissa
d. Tata Institute of Fundamental Research – Hyderabad
e. Reddy Labs – Jammu
f. Bajaj Group – Kolkata
1. a b c d 2. b c d e 3. c d e 4. a c e 5. a b c d e f

3. “World Ozone Day” was observed on September 16 recently. It is celebrated on this date every year to commemorate the signing of which of the following in 1987?
1. New Delhi Convention
2. Berlin Convention
3. Montreal Protocol
4. Kyoto Protocol
5. Bonn Convention

4. The Union government has decided to provide full interest subsidy on education loans taken by students for approved courses in
recognised technical and professional institutions in the country. What is the ceiling of annual parental income for eligibility for the
interest subsidy?
1. Rs 2.8 lakh per annum
2. Rs 1.6 lakh per annum
3. Rs 9 lakh per annum
4. Rs 5.5 lakh per annum
5. Rs 4.5 lakh per annum

5. A country is agreed to set up a working group with India on climatic change, which held the annual Meetings reiterating the United Nations Frame Work convention on Climate Change? it is?
1. China 2. U.S.A 3. Brazil 4. Sweden 5. Russia

6. Which nuclear submarine given to India on lease basis by Russia?
1. Akula 2. Apsara 3. Nerpa 4. Kudumkallam 5. Kalpakam

7. PEHACHAN cards are issued for the beneficiaries of ………., the first of its kind in India, issued in Bangalore by the union minister of Labour Mallikarjun Karge.
1. ESI 2. NREGP 3. AIDS 4. INCOME TAX 5. EXPORTERS

8. Central Government declared new liberalized policy in Foreign Direct Investment (FDI) Norms for micro and small enterprises (MSEs)
replacing the current 24 percent ceiling. Which among the following is correct statements regarding this one?
1. increased the limit to 90 %
2. increased the limit to 80 %
3. lifted the ceiling
4. increased the limit to 70%
5. decreased the limit to 15 %

9. Among the following statements, which one is correct regarding XI five year plan?
a. XI five year plan draft was accepted by the chairmanship of Manmohan singh on 8 Nov 2007.
b. XI five year plan outlay is 3644718 Cr. of rupees, almost double than the out lay of X five year plan
c. its outlay is almost double than the out lay of X five year plan
d. Gross Budgetary Support ( GBS) which is center’s support to the plan has been fixed at Rs. 1421711 Cr.
e. In GBS 74.67% will be given to Priority sector and 25.33% will be given for non-priority sector
1. a b c d e 2. b c d e 3. a b e 4. b c d 5. a c d

10. On 10 Jan 2010 32nd National Conferance of All India Kisan Sabha ( AIKS) ended recently in Guntur in A.P. Find the incorrect statement?
1. S.R.Ramachandra Pillai is elected as the president of AIKS
2. The resolution is passed to save the peasants from the wild animals
3. The resolution taken to support the reservation of woman on gender equity basis
4. It asked for the effective management of NREGS and the allied schemes
5. Prime Minister of India promised in this conference for the effective MSP for Agriculture prices

11. Small Scale industries occupy very importance in the total industrial growth. Pick up the wrong one?
1. Medium, Small and Micro Enterprises (MSME) contributes to 8% total GDP
2. This sector amounts to 40 % of total exports in India
3. It provides the direct employment of 28 million
4. 5% total industrial units belong to this sector
5. To develop this sector SIDBI get Rs. 7200 Cr. from union government

12. On 10 Jan 2009, Market Linked Focussed Programme (MLFP) scheme released to give incentives of Rs. 450-500 Cr. of rupees to exporters. Find the incorrect one?
1. This new pack set focus on China, Japan
2. The exports to these countries boosted exports from Labour Intensive industries
3. The exports rose to $ 14.6 billion in December 2009 recorded, a growth of 9.4% over November 2009
4. This scheme not only boost our foreign exchange but employment also
5. This scheme only applicable to the exporters from Gujarat, Rajasthan, Andhra Pradesh and Delhi only

13. On 17 November 2009, Reserve Bank of India released few statistical tables. Pick up the incorrect one?
1. It released the statistical tables relating to banks in India
2. These tables cover bank wise and bank group wise information
3. These tables cover the information such as assets and liabilities
4. Non-performing Assets information is also given
5. The information regarding the world bank loans

14. Who is an Indian born appointed as the Executive Director of IMF?
1. Pradeep Duttha 2. Sonal Sha 3. Aravind Virman 4. Amartya Sen 5. Ranga Rajan

15. Disposable Income means …..?
1. The income incurred by government on the remaining assets other than agriculture, industry and other sectors
2. Income spent on the I.T sector by the government
3. Income from overseas
4. The amount of Current income available to households after the payment of taxes, insurance and pensions 5. The funds of Banks after leaving S.L.R and C.R.R

16. Which book is written by Abhijit Sen?
1. India and Economic down
2. India in the 21st century
3. Industrial Relations in India: shifting Paradigms
4. India and Exports
5. Inflation in the current trends

17. Universal Smile Award conferred on … who made to free cleft lip
state.
1. Tarun Gagoi 2. Naveen patnaik 3. Mayawathi 4. K. Rosaiah
5. Karunanidhi

18. Of the following statements which one is correct regarding the glossary of carbon emission?
1. Under Clean Development Mechanism (CDM) India permitted 1455 projects. We get Carbon Emission Reduction (CER) certificates which can be sold
2. Selling CER , India fetches not less than 6 Billion Dollars. We get 33.7 Billion Dollars due to 1400 projects.
3. One Carbon Credit equal to 1 tonne carbon
4. Carbon credits we get either by carbon set-off or by establishing non-carbon emission projects like solar, wind power projects
5. All of Above

19. Pradhan Mantri Gram Sadak Yozana to link Indian rural roads is running the target behind to complete the schedule of the original
2007-2008. it accomplished only 59 % in the total. The aim pushed to the years of
1. 2012-13 2. 2014-2015 3. 2016-2017 4. 2018-2019 5. 2020-2021

20. Nagaland got Nikhil Kumar as the new Governor. He is the ex police commissioner of
1. Hyderabad 2. Chennai 3. Mumbai 4. Delhi 5. Nagapur.

21. Elinor Ostrom and Olover Williamson won the noble 2009 in the field of Economics. They received this prestigious award as they
did research on ….
1. demand and supply 2. corporate ranking 3. closure of banks 4. international crisis 5. people exercise authority in companies
and corporate systems.

22. In which state, State Bank of India and other banks agreed to provide micro-finance loans to village communities to install solar lightning systems ?
1. Andhra Pradesh 2. Haryana 3. Orissa 4. Uttar Pradesh 5. Goa

KEY
1.5 2.1 3.3 4.5 5.1 6.3 7.1 8.3 9.1 10.5 11.4 12.5 13.5 14.3 15.4 16.3 17.1 18.5 19.1 20.4 21.5 22.4.

SBI Posts Model Quastions (General Awareness)

SBI Posts General Awareness