Thursday, November 24, 2011

IBPS CLERKS EXAM GENERAL AWARENESS MODEL PAPER

1.What is the per capita forest cover of India ?
1) 0.06 hectare
2) 0.08 hectare
3) 0.1 hectare
4) 0.12 hectare
5) 0.14 hectare

2.The National Green Tribunal headquartered at Delhi will have beneches at all the following places except :
1) Bhopal
2) Pune
3) Kolkata
4) Jaipur
5) Chennai

3.The total remuneration paid to all the board level directors of a company cannot exceed ............ of the company's net profit as per the Companies Act, 1956.
1) 5%
2) 10%
3) 15%
4) 20%
5) 25%

4.How much were exports from Special Economic Zones (SEZs) in 2010-11 ?
1) Rs. 99,689 crore
2) Rs 2,20,711 crore
3) Rs. 3,15,867 Crore
4) Rs. 4,21,254 crore
5) Rs. 5,63,742 crore

5.Which of the following committees submitted its report on human resource issues of public sector banks to the government in October 2011 ?
1) Arun Kumar Purwar
2) Bimal Jalan
3) Anil K. Khandelwal
4) Shyamala Gopinath
5) M.V. Nair

6.Which publishing company owns the Standard & Poor's rating agency ?
1) Financial Times
2) Harper Collins
3) Pearson
4) McGraw-Hill
5) Wall Street Journal

7.Indian Oil has started providing a facility of filling tyres with ............ a superior substitute to air, at its petrol pumps recently
1) Hydrogen
2) Helium
3) Nitrogen
4) Argon
5) Ozone

8.Reliable estimates of employment and unemployment are obtained through quinquennial labour force surveys conducted by National Sample Survey Office (NSSO). How much is India's labour force as per the latest labour survey ?
1) 425 million
2) 475 million
3) 525 million
4) 550 million
5) 600 million

9.As many as 381 Special Economic Zones (SEZs) have been notified by the government as on June 30, 2011. What percentage of land used by the SEZs is waste / barren / dry / industrial, the rest being agricultural ?
1) 94%
2) 82%
3) 73%
4) 67%
5) 45%

10.Which of the following accounts for the highest share in India's foreign exchange reserves?
1) Foreign currency assets
2) Gold reserrves
3) Specia Depository Receipts
4) Reserve position in the IMF
5) None of the above

11.The Comptroller & Auditor General of India (CAG) was appointed as the external audior of which of the following UN-affiliated organisations on September 30, 2011 ?
I) ILO
II) IAEA
III) WIPO
1) I only
2) II only
3) I and II only
4) II and III only
5) III only

12.Which European country introduced world's first fat tax - a surcharge on foods that are high in saturated fat - recently ?
1) France
2) Germany
3) Denmark
4) Holland
5) Greece

13. e-Zameen, a project that authenticates sale of immovable property and reduces time for registration of a sale deed, is an initiative of which state government ?
1) Gujarat
2) Bihar
3) Uttar Pradesh
4) Rajasthan
5) Andhra Pradesh

14.Fresh and Healthy Enterprises LTD (FHEL) is a fully owned subsidiary of which government owned company ?
1) Steel Authority of India
2) Container Corporation of India
3) Shipping Corporation of India
4) National Aluminium Company
5) Balmer Lawrie Ltd

15.According to the Food Safety and Standards Act, Rules and Regulation 2011, which came into effect recently, all Food Business Operators having an annual turnover of ..... or more would need to take license.
1) Rs 5 lakhs
2) Rs 8 lakhs
3) Rs 10 lakhs
4) Rs 12 lakhs
5) Rs 14 lakhs

16.'The Reerve Bank of India Working Group on NBFC Sector Issues and Concerns submitted its report recently. It has recommended a Capital to Risk Weighted Assets Ratio (CRAR) of ...... for all registered NBFCs
1) 9%
2) 10%
3) 11%
4) 12%
5) 13%

17.The Reserve Bank of India (RBI) unveiled guidelines and eligibility criteria for corporates to apply for licenses to set up commercial banks in August 2011. THe bank can lend a maximum of ......... of its funds to companies owned by the licensee.
1) 10%
2) 20%
3) 30%
4) 40%
5) 50%

18.The quarterly industrial outlook survey released by the Reserve Bank of India (RBI) gives an insight into the perception of non - financial public and private limited companies engaged in manufacturing activities about their performance and future prospects. Which of the following has been commissioned by the RBI to conduct Industrial Outlook Survey for the October - December 2011 period recently ?
1) Centre of Monitoring of India Economy (CMIE)
2) National Sampel Survey Office (NSSO)
3) Centre for Research Planning and Action (CERPA)
4) National Council for Applied Economic Research (NCAER)
5) National Foundation for Corporate Governance (NCGF)

19.The Union Environment Ministry has decided to declare Sathyamangalam wildlife sanctuary a 'Tiger Reserve'. The sanctuary is in which state ?
1) Karnataka
2) Andhra Pradesh
3) Tamil Nadu
4) Puducherry
5) Kerala

20.Goa became the first state in the country to launch cashless health insurance scheme "...... Aarogya Bima Yojana" for its entire pouplation in September 2011 ?
1) Shatabdi
2) Rashtriya
3) Nehru
4) Swarnajayanti
5) Sampoorna

21.Who among the following Chief Ministers was in news for the state government's "Beti Bachao Abhiyan" (Save the Girl Child Campaign) to ensure that the state's future populationn maintained a healthy balance in its numbers of boys and girls ?
1) Shivraj S. Chouhan
2) Narendra Modi
3) Nitish Kumar
4) Ashok Gehlot
5) Sheila Dixit

22.Which Indian petroleum company was in news recently for the first hydrocarbon discovery in Sri Lanka ?
1) ONGC
2) Cairn India
3) RIL
4) Essar Oil
5) Videocon Energy

23.Which of the following All India Service celebrated golden jubilee of its establishment India services recently ?
1) Indian Administrative Service
2) Indian Police Service
3) Indian Engineering Service
4) Indian Forest Service
5) indian Economic Serice

24.Which of the following is a private sector bank?
1) Oriental Bank of Commerce
2) Karur Vysya Bank
3) Indian Bank
4) Corporation Bank
5) All the above

25. How much was Reserve Bank of India's (RBI) gross income in 2010-11 ?
1) Rs. 37,070 crore
2) Rs. 32,884 crore
3) Rs 21,150 crore
4) Rs. 15,920 crore
5) Rs 7,782 crore

26.How much were the farm loans disbursed by public financial institutions (commercial banks, regional rural banks and cooperative banks) in 2010-11?
1) Rs 5.81 lakh crore
2) Rs 4.46 lakh crore
3) Rs 3.32 lakh crore
4) Rs 2.27 lakh crore
5) Rs 1.66 lakh crore

27.With which of the following has India Post tied up to provide money transfer service to enable those working abroad to remit money to their dependants in India not having bank accounts ?
1) MoneyGram
2) Western Union
3) PayPal
4) MasterCard
5) VISA

28.Which of the following public sector companies celebrated its Golden Jubilee recently ?
1) Steel Authority of India
2) Container Corporation of India
3) Shipping Corporation of India
4) National Aluminium Company
5) Balmer Lawrie Ltd

29.Who among the following has been appointed as the Goodwill Ambassador of the Rajiv Gandhi Scheme for Empowerment of Adolescent Girls (SABLA) by Ministry of Woemn & Child Development recently ?
1) Priyanka Chopra
2) Sharmila Tagore
3) Kajol
4) Rani Mukherjee
5) Nandita Das

30.India assumed the chairmanship of which of the following international organisations in September 2011 ?
1) G77
2) Non Aligned Movement
3) G24
4) BRICS
5) G20

31.Which public sector bank has won the 'Indira Gandhi Rajbhasha Shield' for 2009-10 in 'Nationalized Banks and other Financial Institutions' category, recently ?
1) Central Bank of India
2) Corporation Bank
3) Union Bank of India
4) Indian Overseas Bank
5) Bank of India

32.Which of the following has entered into an agreement with 'The Green Goverance Programme' of ICICI Bank to implement projects like rainwater harvesting to enhance its biodiversity conservation potential recently?
1) Indian Railways
2) Indian Army
3) Indian Navy
4) Indian Air Force
5) BSF

33.Who is the Chairperson of the Union government appointed Expert Committee on alternative routes for the Sethusamudram Shipping Canal Project (SSCP) ?
1) Rajendra K Pachauri
2) M.S. Swaminathan
3) Vice Admiral V.R. Rao
4) A. Sundaramurthy
5) Madhav Gadgil

34.The State Bank of India (Subsidiary Bank Laws) Amendment Bill, 2011 passed by the Parliament recently will transfer authority over SBI and its subsidiaries from :
1) Central government to the RBI
2) Central government to the public financial institutions
3) RBI to the Central government
4) RBI to the public financial institutions
5) None of the above

35.The Reserve bank of India (RBI) unveiled guidelines and eligibility criteria for corporate India to apply for licenses to get up commercial banks in August 2011. Which of the following statements is / are correct ?
I) Companies applying for banking licenses should not have any income or assets from capital market and real estate businesses
II) Companies applying for banking licenses should have "successful track record" of 10 years
III) THe minimum capital required to set up new banks has been fixed at Rs 500 crore
1) I only
2) I and II only
3) II and III only
4) III and I only
5) I, II and II

36.The Reserve Bank of India (RBI) unveiled guidelines and eligibility criteria for corporate India to apply for licenses to set up commercial banks in August 2011. Which of the following statements regarding existing norms for capital adequacy ratio, foreign shareholding and listing norms is / are correct ?
I) Minimum capital adequacy ratio should be 9%
II) Foreign shareholding (FDI = FII + NRI) is permitted up to 74 per cent
III) Listing of banks on stock exchanges is not compulsory
1) I only
2) I and II only
3) II and III only
4) III and I only
5) I, II and III

37.The Reserve Bank of India (RBI) unveiled guidelines and eligibility criteria for corporate India to apply for licenses to set up commercial banks in August 2011. The new banks will be required to open at least ............. of their branches in unbanked rural centres (population below 10,000).
1) 5 per cent
2) 10 per cent
3) 15 per cent
4) 20 per cent
5) 25 per cent

38.'Profile of Banks 2010-11' - a report on the performance of scheduled commercial banks (SCBs) in 2010-11 - was unveiled by the Reserve Bank of India in September 2011. What was the share of Publi sector banks (PSBs) in deposits and advances made by SCBs in 2010-11 ?
1) 44%, 45%
2) 56%, 55%
3) 67%, 65%
4) 78%, 77%
5) 81%, 80%

39.'Profile of Banks 2010-11' - a report on the performance of scheduled commercial banks (SCBs) in 2010-11 - was unveiled by the Reserve Bank of India in Septeber 2011. Which of the following statements about the performance of thre categories - public sector banks, private sector banks and foreign banks – is / are correct ?
I) Net NPA ratio was highest for public sector banks and lowest for private sector banks
II) Net NPA ratio (for all SBCs) is more than in 2010-11
III) Net NPA ratio (for all SCBs) is 0.97
1) I only
2) I and II only
3) II and III only
4) III and I only
5) I, II and II

40. 'The Reserve Bank of India Working Group on NBFC Sector Issues and Concerns' submitted its report recently. Who is the Chairperson ?
1) Indira Rajaraman
2) Shyamala Gopinath
3) Kalpana Morparia
4) Usha Thorat
5) Roopa Kudva

41.How much was India's GDP growth in the first quarter of the 2011-12 April - Jun (5) ?
1) 6.8%
2) 7.2%
3) 7.7%
4) 8.3%
5) 8.8%

42.Data of India's GDP growth in the first quarter of the 2011 - 12 (April - Jun (5) was released by the government on August 30, 2011. Which of the following statements is / are correct ?
I) Agriculture showed a lower growth in first quarter of 2011-12 compared to the same period in 2010-11
II) Manufacturing and Services showed a higher growth in first quarter of 2011-12 compared to the same period in 2010-11
III) Financing, Insurance Real Estate and Business Servces accounted for the highest share of GDP in first quarter of 2011-12
1) I and II only
2) II only
3) II and III only
4) III only
5) I, II and III

43.Which of the following statements about New Pension System (NPS) is / are correct ?
I) Subscribers get guaranteed rate fo return
II) NPS is open for subscription for government as well as private sector employees
III) FDI upto 26% is permitted in NPS
1) I and II only
2) II only
3) II and III only
4) III only
5) I, II and III

44.How many villages in the country have been covered with telephone connectivity through village public telephones as per information given by Communications Ministry in September 2011 ?
1) 5,60,000
2) 5,80,000
3) 6,10,000
4) 6,30,000
5) 6,50,000

45.Which of the following has launched "Digital Mandi" - a mobile phone application for dissemination of mandi rates of different crops in agricultural produce markets, tot he Indian farmers recently ?
1) Idea Cellular
2) Bharti Airtel
3) BSNL
4) Vodafone
5) Reliance Com

46.Which of the following has launched GOld Index to track the performance of gold prices in the domestic
1) SEBI
2) BSE
3) CRISIL
4) NSE
5) ICRA

47.How many villages int he country have been covered by Banking Serices as on March 31, 2011 as per information given by Finance Ministry on August 30, 2011 ?
1) 34,912 villages
2) 29,569 villages
3) 26,347 villages
4) 22,630 villages
5) 17,925 villages

48.How any persons are employed in micro, small and medium enterprises (MSMEs) sector as per government information in August 2011 ?
1) 373.712 lakh persons
2) 429.281 lakh persons
3) 594.61 lakh persons
4) 611.937 lakh persons
5) 704.219 lakh persons

49.Which of the following has been asked to close down its deposit taking operations by the RBI ?
1) Shriram Transport Finance Company Ltd.
2) Bajaj Finance Ltd.
3) Mahindra & Mahindra Financial Services Ltd.
4) Muthoot Capital Services Ltd.
5) Sahara India Financial Corp.

50. 'The Reserve Bank of India Working Group on NBFC Sector Issues and Concerns' submitted its report recently. WHich of the following recommendations on eligibility criteria for registration of NBFCs is / are correct ?
I) NBFCs should have minimum not owned funds of Rs 2 crore
II) NBFCs should have a minimum asset size of Rs 50 crore
III) Existing NBFCs not satisfying 'minimum net owned funds' and 'minimum asset size' criteria should deregister
1) I only
2) I and II only
3) II and III only
4) III and I only
5) I, II and III

ANSWERS:

1) 4 2) 2 3) 4 4) 2 5) 4 6) 3 7) 3 8) 3 9) 3 10) 4
11) 1 12) 4 13) 2 14) 4 15) 4 16) 4 17) 3 18) 3 19) 4 20) 3
21) 3 22) 4 23) 4 24) 3 25) 4 26) 3 27) 3 28) 2 29) 3 30) 4
31) 4 32) 4 33) 4 34) 4 35) 3 36) 3 37) 3 38) 2 39) 3 40) 4
41) 4 42) 2 43) 4 44) 4 45) 2 46) 4 47) 3 48) 4 49) 3 50) 2

IBPS CWE GENERAL AWARENESS MODEL PAPER

1.Which of the following statements about new RBi policy on bank loans to non-banking finance companies (NBFCs) is / are correct ?
I) Bank loans to NBFCs will not come under 'priority sector' lending
II) NBFCs cannot charge a rate of interest higher than the RBI prescribed rate in lending funds borrowed from banks
III) The interest margin earned by NBFCs in lending funds borrowed from banks cannot exceed the ceiling prescribed by the RBI
1) I only
2) I and II only
3) II only
4) I and III only
5) None of these

2.Which of the following has proposed the setting up of a National Knowledge Functional Hub (NKFH) to facilitate interaction between the industry and institutions of higher education to produce better quality manpower recently ?
1) National Knowledge Commission
2) CII
3) ASSOCHAM
4) FICCI
5) None of these

3.The Reserve bank of India has increased the amount of money that can be loaded on mobile phones (mobile - wallet) to ..... from the existing limit of Rs. 5,000 recently
1) Rs. 10,000
2) Rs. 15,000
3) Rs. 25,000
4) Rs. 50,000
5) None of these

4.What are 'structural adjustment programmes'?
1) Programmes to increase the spread of financial services in developing countries
2) Programmes to improve road safety in developing countries
3) Requirements to qualify for World Bank and IMF loans
4) UN building regulations for disaster preparedness
5) None of these

5.Nuclear plants in India have an 'Exclusion Zone' of .... surrounding the power station, in which no habitation is permitted.
1) 1.6 km
2) 4.2 km
3) 8.4 km
4) 11.6 km
5) None of these

6.Improving regulation of which of the following was the subject of the Finance Ministry appointed KP Krishnan Committee ?
1) Microfinance institutions
2) Mutual funds
3) General insurance companies
4) Credit rating agencies
5) None of these

7. 'Asha' is a low - priced milk food drink introduced for rural consumers by which of the following ?
1) Nestle
2) Cadbury
3) Heinz
4) GlaxoSmithKline
5) None of these

8.ONGC Videsh Ltd (OVL) signed an agreeemtn to acquire 25% stake in the Satpayev oil block in Central Asia recentlyh. Which of the following statements is / are correct ?
I) Satpayev s in Turkmenistan
II) Satpayev is in Black Sea
III) Satpayev is believed to hold 1.75 billion barrels of oil reserves
1) I only
2) I and II only
3) II only
4) III only
5) None of these

9.Which of the following is the new income tax return form for salaried employees introduced by the Finance Ministry recently ?
1) Suvidha
2) Sugam
3) Sahaj
4) Saral
5) None of these

10.The Commerce Ministry has launched 'Buyer's Credit under the National Export Insurance Account (NEIA)' to :
1) Facilitate foreign direct investment in India
2) Facilitate project exports of Indian companies
3) Facilitate acquisitions by Indian companies overseas
4) Facilitate employment of Indian professionals abroad
5) None of these

11.Which of the following banks has launched 'Tiny Cards' with biometric identification to expand the coverage of banking services in rural parts of the country ?
1) ICICI Bank
2) NABARD
3) State Bank of India
4) Bank of India
5) None of these

12.Which of the following statements about IRDA guidelines for distance marketing of products issued recently is / are correct ?
I) Telemarketing of all Unit - Linked Insurance Products (ULIPs) has been disallowed
II) Only telemarketers trained by institutes accredited by IRDA can be employed
III) All telemarketing calls will have to be recorded
1) I only
2) I and II only
3) I and III only
4) II and III only
5) None of these

13.The Bureau of Energy Efficiency labelling is compulsory for all of the following except :
1) Laptops
2) Frost-free refrigerators
3) Tubular fluorescent lamps
4) Ceiling fans
5) None of these

14.What is the investment limit in plant and machinery for classification under Small Scale Industries ?
1) Rs. 10 lakh
2) Rs. 50 lakh
3) Rs. 1 crore
4) Rs. 10 crore
5) None of these

15.The government has recently decided to allow FIIs investment in infrastructure bonds upto ..... annually.
1) $5 billion
2) $ 10 billion
3) $ 15 billion
4) $ 25 billion
5) None of these

16.The term ASBA (Applications Supported by Blocked Amount) is used in which of the following financial services ?
1) General Insurance
2) Capital markets
3) Life Insuracne
4) Micro finance
5) None of these

17.The Government has decided to notify a provision exempting people of salary income up to ..... a year from filing returns
1) Rs. 2 lakh
2) Rs. 2.5 lakh
3) Rs. 4 lakh
4) Rs. 5 lakh
5) None of these

18.Which of the following is the largest mutual fund in India with assets under management (AUM) exceeding Rs. 100,000 crore on March 31, 2011 ?
1) UTI MF
2) HDFC MF
3) Reliance MF
4) birla Sun Life
5) None of these

19.Which of the following identifies and funds social welfare projects under its India Development Marketplace initiative ?
1) IMF
2) USAID
3) Intel
4) World Bank
5) None of these

20.Which of the following has been set up by the government to fund energy saving technologies recently ?
1) National Renewable Energy Fund
2) National Green Energy Fund
3) National Carbon Reduction Fund
4) National Clean Energy Fund
5) None of these

21.Which of the following is the new income tax return form for small businessmen and self-employed professionals introduced by the Finance Ministry recently ?
1) Suvidha
2) Sugam
3) Sahaj
4) Saral
5) None of these

22.A Committee was constituted to review the functioning fo the Central Economic Intelligence Bureau (CEIB) recently. What is the objective of CEIB ?
1) TO gie suggestions for promoting financial inclusion
2) TO compile data for calculating GDP growth and per capita income
3) To gather data on tax evasion and other financial crimes
4) To assist the RBI in formulating monetary policy
5) None of these

23.Mission Document of the National Water Mission (NWM) was approved byt he Union Cabinet recently. Which of the following statements is / are correct ?
I) NWM is one of the constituents of the National Action Plan for Climate Change
II) Improving share of hydroelectricity in country's total energy production is one of the objective of NWM
III) NWM will adjudicate in water sharing disputes involving inter-state rivers
1) I only
2) I and II only
3) I and II only
4) II and III only
5) None of these

24.Which country's 'Zero Kero' LPG programme is being considred for use in India to encourage customers to switch from kerosene to LPG recently ?
1) Thailand
2) Sri Lanka
3) Malaysia
4) Indonesia
5) None of these

25.Which of the folowing was launched by Union Ministry for Youth Affairs and SPorts in association with National Skill Development Corporation (NSDC) at Imphal, Manipur recently?
1) Sports Employability SKill Project
2) Youth Skill Development Project
3) Youth Employability Skill Project
4) Tribal Employability Skill Project
5) None of these

26. Government has decided to introduce biometric ...... to weed out duplicate and fake ones recently
1) Debit cards
2) Passports
3) Driving licenses
4) PAN cards
5) None of these

27.Which country is the single largest source for foreign direct investment to India, accounting for 40 percent of FDI flows in the last ten years, according to the Reserve bank of India ?
1) USA
2) UK
3) Singapore
4) Mauritius
5) None of these

28.The government plans to set up a Green National Accounting (GNA) system to evaluate impact of economic growth on environment. Who has been selected as the Chairperson of the expert group on GNA ?
1) Parthasarathi Shome
2) Madhav Gadgil
3) Partha Dasgupta
4) B. Ulhas Karanth
5) None of these

29.Global Assessment Report (GAR) of which of the following has complimented the Government of India for its National Rural Employment Guarantee Act (NREGA) recently ?
1) European Union
2) ILO
3) IMF
4) UN
5) None of these

30. The regulations pertaining to mergers and amalgamations (M & A) were issued by the Competition Commission of India (CCI) on May 12, 2011. Which of the following statements is / are correct ?
I) Overseas acquisitions of Indina companies with no impact on the domestic market will not come under the ambit of CCI
II) M & A deals that were initiated before June 1, 2011 will not come under the ambit of CCI
III) Scrutiny of all M & A deals will be completed by the CCI within 180 calendar days
1) I only
2) I and II only
3) II and III only
4) I, II and III
5) None of these

31.Which of then following statements about foreign investment in Limited Liability Partnership (LLP) companies is / are correct ?
I) FDI will be allowed in LLPs in sectors like mining, power, roads and highways, manufacturing activities, drugs and pharmaceuticals
II) FDI will not be allowed in LLPs engaged in agricultural and plantation activities, print media or real estate business
III) LLPs have been allowed to access external commercial borrowings
1) I only
2) I and II only
3) II and III only
4) III and I only
5) None of these

32.Which is the first state to introduce e-payment system for commercial tax payers recently ?
1) Maharashtra
2) Uttarakhand
3) Karnataka
4) Madhya Pradesh
5) None of these

33.Which of the following is not among the industries / sectors given priority in natural gas supply in the country ?
1) Fertiliser
2) LPG
3) Steel
4) Power
5) None of these

34.Where was the World Spice Organisation (WSO) set up recently ?
1) Kannur
2) Kochi
3) Kollam
4) Kottayam
5) None of these

35.Which of the following submitted a report titled 'Social Protection for a Changing India' - a comprehensive review of anti-poverty schemes such as PDS, MGNREGS, RSBY and IAY recently ?
1) World Economic Forum
2) CMIE
3) World Bank
4) IMF
5) None of these

36.Which of the following not one of the objectives of setting up the Warehousing Development and Regulatory Authority ?
1) To improve farm sector yiled
2) To enable farmers to avail of loans against foodgrains stored
3) To reduce post-harvest losses in foodgrain storage
4) To prevent post-harvest distress sales by farmers
5) None of these

37.The government approved the revival of Scooters India Limited (SIL) through induction of a joint venture partner recently. SIL sells scooters under which trademark ?
1) Mayur
2) Bharat
3) Vijay
4) Vikram
5) None of these

38.The Petroleum Conservation and Research Association (PCRA) has unveiled plans to set up India's first Carbon Credit Aggregation Centre (CCA) in which state ?
1) Himachal Pradesh
2) Uttarakhand
3) Rajasthan
4) Chhattisgarh
5) None of these

39.Which sectors were added to the list of six 'core sector infrastructure industries' recently?
I) Water supply
II) Natural gas
III) Fertilisers
1) I only
2) I and II only
3) II only
4) III and II only
5) None of these

40.Bina Refinery is a joint venture of Bharat Petroleum and ........ Oil Company to set up a 6 MMTPA grass root refinery at Bina in Madhya Pradesh.
1) Shell
2) Qatar
3) Emirates
4) Oman
5) None of these

41.A high level committee of Bankers submitted its report on Rural Housing recently. Which of the following statements regarding its recommendations for Below the Poverty Line (BPL) Households is / are correct ?
I) Allocation of grants for construction of rural housing units for BPL Households should be increased to Rs. 75,000 per dwelling unit
II) Repayment period should be reduced to ten years
III) BPL households should be provided a loand of Rs. 50,000 at 4% rate of interest
1) II only
2) I and II only
3) II only
4) III and I only
5) None of these

42.'Aichi Targets' refers to which of the following?
1) Trade
2) Education
3) Nuclear safety
4) Environment
5) None of these

43.Scheduled commercial banks do not require permission from the Reserve bank of India for opening new branches in towns with population less than .........
1) 49,999
2) 99,999
3) 2,49,999
4) 4,99,999
5) None of these

44.The National Rural Livelihoods Mission (NRLM) was launched recently. Which of the following statements is / are correct ?
I) NRLM seeks to bring the rural poor under the Self Help Group (SHG) network
II) Services of Business Correspondents (BCs) will be utilised to spread the concept of NRLM
III) NLRM will facilitate access of bank credit to those covered under the Mission
1) I only
2) I and II only
3) II and III only
4) I and III only
5) None of these

45.A committee headed by RBI deputy governor Shyamala Gopinath has recommended a 'holding company' structure for both banking and nonbanking financial groups recently. Which of the following statements is / are correct ?
I) Both the holding company as well as the subsidiaries can be listed on stock exchange
II) The subsidiaries will own equity stake in the holding company
1) II only
2) I and II only
3) I only
4) All of these
5) None of these

46.Which Indian corporate group has decided to enter the financial services business in a tie up with D.E. Shaw of the US ?
1) AV Birla Group
2) Wipro Ltd
3) Mahindra & Mahindra
4) RIL
5) None of these

47.The Reserve Bank of India (RBI) recently relaxed the eligibility norms for using credit default swaps (CDS) on corporate bonds. What are CDS ?
1) A form of loan that can be taken by pledging shares of a company
2) A form of credit rating that compares companies on their cash flow
3) A form of insurance that protects the lender in case of loand default
4) A form of loan that can be converted into equaity
5) None of these

48.Which of the following statements is /a re correct about Indian Depository Receipts (IDRs) ?
1) They are issued by Indian companies to raise funds from overseas stock markets
2) They are issued by foreign companies to raise funds from Indian stock markets
3) They are denominated in foreign currency
4) None of the above
5) None of these

49.Which is the first state in the country to sign an agreement with the World Bank for securing carbon credits for its 'Clean Development Mechanism' (CDM) recently ?
1) Sikkim
2) Uttarakhand
3) Jammu Kashmir
4) Himachal Pradesh
5) None of these

50. From which state was the National Rural Livelihood Mission launched recently ?
1) Kerala
2) Maharashtra
3) Haryana
4) Rajasthan
5) None of these

ANSWERS:
1) 1 2) 4 3) 4 4) 3 5) 1 6) 4 7) 4 8) 4 9) 3 10) 2
11) 3 12) 4 13) 1 14) 3 15) 4 16) 2 17) 4 18) 3 19) 4 20) 4
21) 2 22) 3 23) 1 24) 4 25) 3 26) 4 27) 4 28) 3 29) 4 30) 4
31) 2 32) 3 33) 3 34) 2 35) 3 36) 1 37) 4 38) 3 39) 4 40) 4
41) 2 42) 4 43) 1 44) 4 45) 2 46) 4 47) 3 48) 2 49) 4 50) 4

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