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Indian Bank Probationary Officers Exam, 20...
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Indian Bank Probationary Officers Exam, 2011
Indian Bank Probationary Officers Exam, 2011 (Held on 02/01/2011) General Awareness: (Highlighted texts
are answers)-
1. On which one of the following ahead of Expenses’ the expenses of the Government of India are highest ?
(A) Food subsidy
(B) Fertilizer subsidy
(C) Pradhan Mantra Gram Sadak Yojana
(D) Maintenance of national highways
(E) Oil subsidy
2. Which one of the following foreign agencies will assist the municipal agencies to improve quality of municipal
schools through its School Excellence Programmes (SEP) ?
(A) IMF
(B) UNDP
(C) UNICEF
(D) ADB
(E) None of these
3. Which of the following carries out ‘Open Market Operations’?
(A) Finance Ministry
(B) External Affairs Ministry
(C) Reserve Bank of India
(D) Planning Commission
(E) Ministry of Commerce
4. Who among the following Ministers will hold telecom portfolio in addition to his own portfolio till next reallotment
?
(A) Kamal Nath
(B) Kapil Sibal
(C) Pranab Mukherjee
(D) Mamta Banerjee
(E) None of these
5. Under provisions of which one of the following Acts, the RBI issues directives to the Banks in India? 10.
(A) RBI Act
(B) Banking Regulation Act
(C) Essential Commodities Act
(D) RBI and Banking Regulation Act
(E) None of these
6. Which one of the following tools is used by RBI for selective credit control?
(A) It advises balks to lend against certain commodities
(B) It advises balks to recall the loans for advances against certain commodities
(C) It advises bank to charge higher rate of interest for advance against certain commodities
(D) It discourages certain kinds of lending by assigning higher risk weights to loans it deems undesirable
(E) None of these
7. For which one of the following Loan Products ‘teaser loans’ are offered by Banks?
(A) Education Loans
(B) Commercial Loans
(C) Loans against security of gold
(D) Retail Trade Loans
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(E) Home Loans
8. The Commonwealth: Games 2010 ‘ were held in Delhi from October 3 to 14, 2010. Who amongst the following
picked up the Game’s first gold medal?
(A) Augustina Nwaokolo
(B) Ravinder Singh
(C) Azhar Hussian
(D) Carol Huynh
(E) None of these
9. In which one of the following cities was the recent meet of C.-20 Countries organized?
(A) Tokyo
(B) Seoul
(C) London
(D) Beijing
(E) Singapore
10. As per recent newspaper reports, which one of the following countries (among the given) has highest literacy
rate?
(A) India
(B) Sri Lanka
(C) China
(D) Vietnam
(E) Bangladesh
11. Which one of the following has decided to give guarantee for infra loans?
(A) IDBI
(B) SBI
(C) IIFCL
(D) SIDBI
(E) None of these
12. In which one of the following States is the uranium project pro- posed to be set up?
(A) Manipur
(B) Meghalaya
(C) Orrisa
(D) Assam
(E) Nagaland
13. Amongst 169 countries on Human Development Index which one of the following is India’s rank?
(A) 89
(B) 91
(C) 119
(D) 129
(E) 138
14. What is ‘Kaveri’ ?
(A) lndia’s indigenous aircraft engine
(B) India’s low cost laptop
(C) India’s Air to Air Missile
(D) India’s guided Surface to Air Missile
(E) Unmanned Aircraft acquired from Israel
15. An increasing fintshed good stock as % to sales of a manufacturing Company indicates that . .. . … . ..
1. The market is getting competitive
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2. The quality of the goods is not upto the mark
3. The production cost has increased
4. The production has decreased
(A) Only 1 and 2
(B) Only 2 and 3
(C) Only 3 and 4
(D) Only 3
(E) Only 4 and 1
16. Which one of the following has got RBI nod to issue prepaid cards to its clients?
(A) LIC
(B) GIC
(C) SIDBI
(D) NABARD
(E) None of these
17. For which one of the following reasons is an amendment in Companies Bill 2009 proposed?
(A). To provide more powers to Department of Company Affairs
(B) To provide regulatory power to Department of cam- 2,3 pang affair
(C) To make Indian Accounting Standards applicable with effecd from 1.4.2011
(D) To ensure smooth convergence of the Indian Accounting Standards with IFRS
(E) None of these
18. As per recent newspaper reports, Indians. public’debt rises 2’8 per ‘ cent to T 28 lakh bore. Which one of the
following is the reason that has forced commercial banks to buy government securities ?
(A) Lack of credit growth
(B) Increase in credit growth
(C) Raising of repo rate 2
(D) Raising of reverse repo rate
(E) None of these
19. In whic’h one of the following States Sariska Tiger Reserve is located ?
(A) M. P.
(B) U. P.
(C) Orissa
(D) Gujarat
(E) Rajasthan
20. On which one of the following characters, Biometric security is based ? .
(A) Finger prints and palm recognition only
(B) Face re’ cognition and voice z’ecogl|titiorfonly
(C) Hand writing and manual recognition only
(D) Only  (A) and  (B)
(E) A.II (A), (B) and (C)
21. Which one of the following may be the consequence of buying fores in the marked by the RBI ?
(A) It leads to inflation
(B) It leads to control over inflation
(C) It does not affect inflation
(D) It results into deflation
(E) None of these
22. Under provisions of which one of the following Acts, the
Reserve Bank of India has the power to regulate supervise and control the banking sector ?
(A) RBI Act
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(B) Banking Regulation Act
(C) Negotiable Instrument Act
(D) RBI and Banking Regulation Act
(E) None of these
23. Who amongst the following is the author of the book ‘The God 30
of Small Things’ ?
(A) Chetan Bhagat
(B) V. S. Naipul
(C) Namita Gokhale
(D) Kiran Desai
(E) Arundhati Roy
24. Which one of the following has proposed $ 11 billion infrastructure debt fund?
(A) NABARD
(B) SBI
(C) RBI
(D) Ministry of Finances Govt. of India
(E) Planning Commission
25. Myanmar’s pro-democracy leader Suu Kyi is a .. … . . …
(A) 42 years old politician
(B) Bharat Ratna
(C) Military General
(D) Nobel Prize winner
(E) None of these
26. Which one of the following factors influence working capital Of a unit? (A) Seasonality of operations only
(B) Production Policy only
(C) Suppliers Term only
(D) Only (A) and (B)
(E) All (A), (B) and (C)
27. One of the following states is a major producer of spices .. . … . …
(A) Karnataka
(B) Tamil Nadu
(C) Kerala
(D) Gujarat
(E) Manipur
28. The NAV of a mutual fund … …
(A) ls always constant
(B) Keeps going up at a steady rate
(C) Fluctuates 5v1t14 market price movements
(D) Cannot go down at all
(E) None of these
29. Tike expansion of TRAI is … ….
(A) Telecom Regulations and Inspection
(B) Transport Regulatory Authority of India
(C) Train Regulatory Authority of India
(D) Telecom Regulatory Authority of India
(E) Transfer Regulators Act of India
30. MBA, a facility while applying / submitting an application for purchase of shares under a public issue, is . …… . ..
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(A) Applications Simple Balance Amount
(B) Amount saved and Balance in Account
(C) Already savings Blocked Amount
(D) Applications Supported d by Blocked Amount
(E) None of these
31. A Saving Bank Deposit Account is one where . . . .. . ….
(A) Amounts are deposited and are withdrawn as per requirement of the customers
(B) The deposits are made only once in a year
(C) Periodical Fixed amount are deposited month wise and withdrawals are allowed after a fixed period
(D) All the above
(E) None of these
32 Who is the Chief Minister of Maharashtra at present?
(A) Ashok Chavan
(B) R. R. Patil
(C) Vilasrao Deshmukh
(D) Sushil Kumar Shinde
(E) None of these
33. The expansion of CDMA is …. . .. .
(A) Calculated ‘Division of Many Applications
(B) Computer Divided Multiple Access
(C) Code Diversified Memory Applications
(D) Code Division Multiple Access
(E) None of these
34. ‘Merdeka Cup’ is associate w the game of ……. . ..
(A) Tennis
(B) Hockey
(C) Badminton
(D) Cricket
(E) Football
35. Which of time following is a financial asset ?
(A) Gold
(B) Silver
(C) Shares in a demat account
(D) Land & buildings
(E) None of these
36. Zero balance account is generally allowed to be opened for . . . . . . . . ..
(A) Salaried class
(B) Businessmen
(C) Foreign customers
(D) Children
(E) Senior Citizens
37. In Deposits Account ‘KYC’ (Know Your Customer) has been implemented in 2002 as per directive of . . . , . . .
. ..
(A) IBA
(B) RBI
(C) Ministry of Finance
(D) SEBI
(E) IRDA
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38. The regulator of the banking system in India is. . . . . . . . .
(A) AMFI
(B) Finance Minister
(C) SEBI
(D) IBA
(E) RBI
39. Ten Rupee notes contain the signature of… . … . .
(A) Finance Secretary, GOI
(B) Chairman, State Bank of India
(C) Governors Reserve Bank of India
(D) Finance Minister, GOI
(E) Prime Minister
40. Statue of Liberty is the national monument of . . . . . . . . ..
(A) Italy
(B) Australia
(C) France
(D) Denmark
(E) USA
41. Loan against the security of immovable property is by executing an agreement of . . . . . . . . ..
(A) Assignment
(B) Pledge
(C) Transfer
(D) Mortgage
(E) None of these
42. Credit Rating . . . . . . . . ..
(A) Is used to rate the borrowers while giving advances
(B) Is used to work out performance of the employees
(C) Is used to calculate the number of excellent audit rated branches
(D) Is NOT used in any Bank
(E) Is necessary before giving promotion to employees
43. Who amongst the following is the recipient of the ‘Dadasaheb Phalke Award 2010?
(A) Javed Akhtar
(B) Amitabh Bachchan
(C) Gulzar
(D) Hema Malini
(E) None of these
44. In Corporate Hedging, which one of the following types of risks can be covered?
(A) Liquidity risk
(B) Currency risk
(C) Credit risk
(D) Transaction risk
(E) None of these
45. Bank of Rajasthan is now merged with which of the following backs? (A) 4.X15 Bank
(B) IDBI Bank
(C) ICICI Bali
(D) HDFC Baulk
(E) None of these
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46. As per GDP figures on calendar year basis according to World Bank, which one of the following economies
will have highest GDP growth in the year 2011 ?
(A) US
(B) China
(C) Japan
(D) India
(E) Brazil
47. In respect of infrastructure bonds issued under provisions of Section 80 CCF of the Income Tax Act, what is
the maximum amount (Rupee in thousands), upto which these bonds can be covered ?
(A) 30
(B) 20
(C) 40
(D) 50
(E) None of these
48. Which of the following is the full form of the abbreviation ‘IFRS’ as used in corporate / finance sector ?
(A) Indian Financial Reconciliation Standards
(B) Interpretation and Formal Reporting System
(C) International Financial Reporting Standards
(D) International Financial Reporting System
(E) None of these
49. As per the new guidelines issued by SEBI companies are required to list shares within how many days of the
closure of tile Initial Public Offers (IPOs) ?
(A) 60 days
(B) 12 days
(C) 30 days
(D) 45 days
(E) None of these
50. RTGS stands for . . . . . . . . . .
(A) Real Time Gross Settlements
(B) Reduced Time Gross Settlements
(C) Relative Time Gross Settlements
(D) Real Total Gross Securities
(E) None of these
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