BANKING RELATED GENERAL AWARENESS -- NOVEMBER 2013 ONE
General Awareness—NOVEMBER
2013 ONE
1. One-of-its-kind
Jed Satyagraha, the unique protest in
which people immerse themselves in the backwaters of Narmada liver, was
recently staged in which of the following states? The protesters are opposing
the govt’s decision, to raise the height of Indira Sagar Dam.
a) TamiI Nadu b) Madhya Pradesh c) Andhra Pradesh
a) TamiI Nadu b) Madhya Pradesh c) Andhra Pradesh
d) Uttarakhand e)
None of these
2. Which of the following teams won the 2013
edition of the Asia Cup hockey tournament held in Ipoh,’ Malaysia?
a) Malaysia
b)
South Korea c) India
d) New Zealand e) None of these
3. Which of the following franchisees emerged
as the champion of the inaugural edition of Indian Badminton League (IBL)
recently?
a) Awadhe Warriors b)
Mumbai Masters c) Pune
Pistons
d) Hyderabad Hotshots e) Krrish
Delhi Smashers
4. Consider the following sources of funds:
(A) External
Commercial Borrowings (ECBs)
(B) Foreign
Currency Convertible Bonds (FCCBs)
(C) Preference
Shares
Indian companies are allowed to arrange funds
from the sources abroad through which of the above means?
a)
Only (A) b)
Only (B) c)
Only (C)
d) Only
(A) and (B) e) All (A), (B) and (C)
5.
After the successful
IPO by the social networking site Facebook, Twitter has also filed IPO.
Consider the following statements with respect to the Initial Public
Offering(IPO)
(A) It
is the first sale of stocks by a company to the public
(B) It
is often issued by small, young companies seeking capital to expand, but can
also be brought by large companies in a bid to become publicly traded.
(C) It
is a risky investment for investors as most IPOs are brought by the companies
which are going through a transitory growth period and their future values are
uncertain
Which of the above statements is/are correct?
a) All are correct b) Only (A) and (B) c) Only (B) and (C)
a) All are correct b) Only (A) and (B) c) Only (B) and (C)
d) Only (A) and (C) e) None of the above
6. The RBI governor Raghuram Rajan, in his
debut policy review, has made some changes in the rates. Which of the following
is NOT correctly matched in this regard?
a) Repo
Rate – 7.5 per cent
b) Marginal
Standing Facility-9.50 per cent
c) Reverse
Repo Rate – 6.5 per cent
d) Cash
Reserve Ratio – 4 per cent
e)
None of these
7. The production of crude oil from the giant
Kashagan oilfield, touted as the world’s most expensive oil field, started recently.
Developed by a multinational consortium, the oilfield is located in
a) Kazakhstan b)
Tajikistan c) Uzbekistan
d) Kyrgyzstan e)
None of these
8. Which of the following teams won the
Durand Cup Football tournament recently? The team won the cup after a gap of 73
years.
a)
ONGC b) Mohammedan Sporting c) Churchill Brothers
d)
Mohun Bagan e)
None of these
9. Which of the following services is/are
exempted from services tax?
a) Insurance
and medical services
b) Hotel
and air travel services
c) Currency
exchange and legal services
d) All
the above
e) None
of the above
10. Which of the following regulators
functioning in India regulates the credit rating agencies?
a) Reserve
Bank of India (RBI)
b) Securities
and Exchange Board of India (SEBI)
c) Insurance
Regulatory and Development Authority (IRDA)
d) Forward
Markets Commission (FMC)
e) None
of these
11. In a breakthrough development, which of the
following countries has released world's first zinc-enriched rice variety
capable of fighting diarrhea and pneumonia-induced childhood deaths and stunted
growth?
a) China b) Indonesia c) Bangladesh
a) China b) Indonesia c) Bangladesh
d) Singapore e) None of these
12.
Which of the following states has
notified an affordable housing policy, 2013 to facilitate additional affordable
houses in urban areas of the state? The policy is aimed at making available
apartments of redefined size at predefined rates within a time frame.
a) Delhi b) Haryana c)
Punjab
d)
Rajasthan e)
None of these
13.
Who among the following is the author
of the book titled The Bone Season?
a) Javier Marias b) Mark Leibovich c)Samantha
Shannon
d) Reza Aslam e) None of these
14. Consider the following with respect to
Capital Market:
(A) Stock
Markets and Bond Markets
(B) Banks
and Insurance Companies
(C) RBI
and Nationalised Banks
The
Capital Market comprises which of the above?
a)
Only (A) b)
Only (B) c) Only (c)
d)
Only (A) and (B) e)
All (A), (B) and (c)
15. The
Millennium Development Goals (MDGs) are the eight officially established
targets to be achieved by 2015. Consider the following in this respect:
(A) Ensure
environmental sustainability
(B) Improve
computer literacy
(C) Reduce
child mortality
(D) Achieve
universal primary education
Which of the above is NOT a Millennium
Development Goal set by the United Nations?
a) Only (A) b) Only (B) c) Only (A) and (C)
a) Only (A) b) Only (B) c) Only (A) and (C)
d)
Only (B) and (D) e) All are Millennium Development
Goals
16. India's women archery team beat which of the
following countries to clinch recurve team gold medal in Archery World Cup in
Poland recently? It is their second World Cup title in a row.
a) China b) South Korea c)
Australia
d) Russia e)
None of these
17. Which of the following terms is associated
with the game of tennis?
a) Birdie b) Double fault c)
Reti opening
d) Checkmate e)
None of these
18. Which of the following practices by a bank
will be termed as cross-selling?
a)
Selling
a housing loan to a deposit customer
b)
Selling
a deposit product to a personal-loan customer
c)
Selling
a credit card to a debit card holder
d)
Both
a) and c)
e)
All
the above
19. The Systematic Investment Plan (SIP) is an
investment vehicle to help investors save regularly. Consider the following
with respect to SIPs:
(A) Mutual Funds
(B)
Small Savings Schemes in Post Offices
(C)
National Pension Fund
The
SIPs are offered by which of the above?
l) Only (A) b)
Only (B) c)
Only (C)
d) Only
(B) and (C) e)
All (A), (B) and(C)
20. The office of the Directorate General of
Anti-Dumping and Allied Duties functions under which of the following
ministries?
a)
Ministry
of External Affairs
b)
Ministry
of Commerce and Industry
c) Ministry
of Finance
d) Home
Ministry
e) None
of these
21. The
Department of Industrial Policy and Promotion (DIPP) is looking at relaxing FDI
norms for housing to attract foreign investment. At present, what is the
lock-in period for FDI in housing sector?
a) Ten years b) Five years c)
Three years
d) Two years e) None of these
22.
The social networking site Facebook and
six other technology giants together have launched a mission named 'Internet.org'. Consider the following statements in
this regard:
(A) The
nine-year mission is aimed at making Internet access available to additional 5
billion people.
(B) The
Facebook founder and CEO Mark Zuckerberg will head the mission.
(C) The
mission is based on the Internet search giant Google's 'Project Loon', a
balloon-mounted Internet access service.
Which
of the above statements is/are correct?
l)
Only (A) b) Only (B) c)
Only (C)
d)
Only (A) and (B) e) None of these
23. The Ministry of Finance has launched a
national scheme named STAR, through which it aims to help those
individuals who wish to acquire a new skill or upgrade their skills to a higher level. Expand the term STAR.
individuals who wish to acquire a new skill or upgrade their skills to a higher level. Expand the term STAR.
a) Systematic
Training Assessment and Reward
b) Standard
Twining Assessment and Reward
c) Standard
Training Accreditation and Reward
d) Skill
Training Assessment and Reward
e) None
of these
24. Consider
the following statements:
(A) Cheap
Money refers to a loan or credit with a low interest rate.
(B) Hot
money refers to a capital that is frequently transferred between financial
institutions in an attempt to maximise interest or capital gain.
(C) Call
Money is lent by a bank or other institution that is repayable on demand.
Which
of the above statements is/are correct?
a)
All are correct b) Only (A) and (B) c) Only (B) and (C)
d)
Only (A) and (C) e) None of these
25. As per the latest data released by the
Reserve Bank of India (RBI), which of the following states has, emerged as the
top investment destination in India during 2012-13?
a)
Karnataka b)
Gujarat c) Maharashtra
d)
Odisha e)
None of these
26. The Election Commission of India has decided
to use Electronic Voting Machines (EVMs) for the first time with Voter Verifiable
Paper Audit Trail (VVPAT) facility. Consider the following statements in this
regard:
(A) The
Commission introduced VVPAT in the by-poll of Noksen Assembly constituency in
Nagaland.
(B) The
Govt of India amended the Conduct of Election Rules, 1961 in order to use WPAT
systems.
(C) It
will enable voters to see a printout of their ballot displaying the name,
election symbol and serial number of me chosen candidate.
Which
of the above statements is/are correct?
a)
Only (A) b)
Only (B) c)
Only (C)
d)
All (A), (B) and (C) e)
None of these
27. The govt refused to raise foreign investment
limit in the banking sector recently. Currently, the aggregate foreign investment
(FDI, FTI arid NRI) limit for private banks and public sector banks respectively
is
a) 49
per cent, 20 per cent
b) 51
per cent, 24 per cent
c) 74
per cent, 20 per cent
d) 74
per cent, 24 per cent
e) None
of these
28. Consider
the following statements in the context of the long-awaited decision by the ,US
administration for conditional authorisation to export domestically produced
LNG and choose the correct statement(s):
a) The
US has granted conditional authorisation to export domestically produced LNG to
countries that do not have Free Trade Agreement with America.
b) The
exports have been permitted from a terminal where India's GAIL has a major
stake.
c) The
commencement of supply is expected to start from 2017-18
d) All
the above
e)
None of the above
29. The
govt, under the Modified Special Incentive Package Scheme (M-SIPS), provides
incentives to the companies investing in which of the following industries?
a) Shipping b) Electronics c) Renewable
Energy
d) Agriculture e)
None of these
30. The govt has approved a proposal to invest
in World Bank bonds which will help India get additional funding for
infrastructure projects. What amount will India invest in the bonds?
a)
USD3.2 bn b) USD 4.3 bn c)
USD 6.8 bn-
d)USD
11.3 bn e) None of these
31. Name
the greenest state of the country with a forest cover 47.3% of its total
geographical area, which is more than double the national average of 21 %. It
is also the only state' to have increased its forest cover in the past two
decades.
a)
Arunachal Pradesh b) Sikkim c) Assam
d) Kerala e)
Maharashtra
32. India has proposed to set up a Joint Border
Working Group (JBWG) to address the issue of demarcation of border with which
of the following countries? This follows attempt by the Army of this country to
construct a defence
post close to undemarcated border.
a) Bangladesh b) China c) Myanmar
d)
Pakistan e)
None of these
33. Who among the following has been awarded
with the inaugural Mahathir Award for Global Peace instituted by the Mahathir
Global Peace Foundation? Mahathir Mohamad was Prime Minister of Malaysia for 22
years.
a)
Manmohan Singh b)
Nelson Mandela c) Bill
Clinton
d)
Hamid Karzai e) None of these
34. A committee headed by M Damodaran, former
chairman of the Securities and Exchange Board of India (Sebi), submitted its
recommendations recently. The Committee was set up to look into which of the
following issues?
a)
Banking
customer service
b)
Security-of
online transactions
c)
New
bank licences
d)
Regulation
of microfinance institutions
e)
None
of these
35. India extended USD 144-mn line of credit to
which of the following countries for development of power transmission and
distribution projects and reduce the gap of power shortage in the country?
a)
Serbia b) Estonia c) Bolivia
d)
Liberia e)
None of these
36. Which of the following banks overtook State
Bank of India (SBI) in terms of market capitalisation to become the country's
second-most valuable bank recently?
l)
HDFC Bank b) ICICI Bank c) Axis Bank
d)
Canara Bank e) Bank of Baroda
37. Which of the following industrial houses in
India has applied for setting up a domestic airline in collaboration with the
Singapore Airlines with an initial investment of $100 mn?
l)
KKBirla Group b)
Ruia Group c) Reliance
Industries
d)
Tata Group e) None of these
38. India's first full-fledged military
communication spacecraft, GSAT-7, was launched recently from Kourou in South
America on a European Ariane 5 launcher. This spacecraft is meant for exclusive
use by
a)
The
Navy
b)
The
Army
c)
The
Air Force
d)
The
Paramilitary Forces involved in anti-Maoist operations
e)
None
of these
39. Which of the following domestic automakers
of India forayed into Indonesia with its wholly-owned subsidiary in an attempt
to grow its overseas markets?
a)
Mahindra
and Mahindra
b)
Tata
Motors
c)
Force
Motors
d)
Ashok
Leyland
e)
None
of these
40.
The G20 Leaders' Summit was held in
which of the following cities recently? The G20 is a leading
International
cooperation forum which focuses on the most important international economic
and financial issues.
a)
Beijing b)
Jakarta c) St Petersburg
d)
Kuala Lumpur e) None of these
*****
ANSWER
1.
b 2.b 3.d 4.e 5.a 6.e 7.a 8.b 9.e 10.b
11.c 12.b 13.c 14.a 15.b 16.b 17.b 18.e 19.a 20.b
21.c 22.d 23.b 24.a 25.d 26.d 27.c 28.d 29.b 30.b
31.b 32.c 33.b 34.a 35.d 36.b 37.d 38.a 39.b 40.c
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