General Awareness Sample Practice Peper for Clerical and PO Papers

1. Which of the following terms is used in Banking Field ?
(1) Interest Rate Swap, (2) Input Devices, (3) Sedimentary, (4) Zero Hour, (5) Privilege Motion

2. On which one of the following issues can SEBI penalize any company in India ?
1. Violation of Banking Regulation Act. 2. Violation of foreign portfolio investment guidelines.
3. For violation of Negotiable Instrument Act.
(1) Only 1 , (2) All 1, 2 and 3, (3) Only 1 and 2, (4) Only 2 and 3, (5) Only 2

3. In opinion of the RBI, which one of the following is/are a threat to the smooth functioning of Indian Companies ?
1. Rising input costs., 2. High interest rates., 3. Inflation only.
(1) Only 1, (2) Only 2, (3) Only 1 and 2, (4) Only 3, (5) All 1, 2 and 3

4. Expand the term ALM as used in Banking/Finance sector ?
(1) Asset Liability Mismatch, (2) Asset Liability Maturity, (3) Asset Liability Management
(4) Asset Liability Manpower , (5) None

5. Who amongst the following is the author of the book ‘Half a Life’ ?
(1) Mark Tully, (2) Deepak Chopra, (3) Chetan Bhagat, (4) Ved Mehta, (5) V. S. Naipaul

6. In which one of the following states, village level marketing platform has been set up for the first time in the country ?
(1) Haryana, (2) Maharashtra, (3) Gujarat, (4) Bihar, (5) Kerala

7. Who amongst the following has asked banks to adopt ‘six step’ approach to prevent diversion of funds by the companies ?
(1) Company Registrar, (2) SEBI, (3) RBI, (4) AMFI, (5) All of these

8. Who is Nicolas Sarkozy ?
(1) French Prime Minister, (2) French President, (3) Russian Prime Minister, (4) Russian President, (5) None

9. Through which one of the following sources domestic funds are raised by Companies ?
1. IPO only, 2. FPO only, 3. Commercial papers.,
(1) Only 3 , (2) All 1, 2 and 3, (3) Only 1 and 3, (4) Only 1, (5) Only 1 and 2

10. What are teaser loan rates charged by banks ?
(1) Fixed rate of interest charged by banks, (2) Floating rate of interest charged by banks
(3) Rate of interest in the initial period is less and goes up subsequently
(4) Rate of interest in the initial period is more and it goes down subsequently, (5) None

11. Expand the term CCEA as used in administrative circles—
(1) Cabinet Committee on External Affairs, (2) Cabinet Committee on Economic Affairs
(3) Cabinet Council on External Affairs , (4) Cabinet Council on Economic Affairs, (5) None

12. With which one of the following games, Baichung Bhutia is associated ?
(1) Hockey, (2) Golf, (3) Kabaddi, (4) Football, (5) Tennis

13. What the full form of the term LIBOR as used in financial banking sectors ?
(1) Local Indian Bank Offered Rate, (2) London-India Bureau of Regulations
(3) Liberal International Bank Official Ratio , (4) London Inter Bank Offered Rate, (5) None

14. Expand the term FSDC which is used in financial sectors ?
(1) Financial Security and Development Council, (2) Financial Stability and Development Council
(3) Fiscal Security and Development Council , (4) Fiscal Stability and Development Council, (5) None

15. According to US Department of Agriculture, which one of the following countries in the world is the largest producer of dairy products ?
(1) Australia, (2) USA, (3) China, (4) Norway, (5) India

16. With which one of the following games is ‘Tiger Woods’ associated ?
(1) Golf, (2) Swimming, (3) Tennis, (4) Table Tennis, (5) Badminton

17. For which one of the following States, centre has appointed interlocutors ?
(1) H.P., (2) J & K, (3) Nagaland, (4) Manipur, (5) None

18. Expand the term GSLV—
(1) Geosynchronous Satellite Launch Vehicle, (2) Global Satellite Launch Vehicle
(3) Geosynchronous Station Launch Vehicle , (4) Global Station Launch Vehicle, (5) None

19. With which one of the following sports, the name of Parupalli Kashyap is associated ?
(1) Chess, (2) Tennis, (3) Badminton, (4) Athletics, (5) None

20. Which of the following terms is used in cricket ?
(1) Centre forward, (2) Goal, (3) Love, (4) LBW, (5) Bull’s eye

21. With which one of the following activities, Golden Globe Awards are associated ?
(1) Journalism, (2) Social work, (3) Peace initiatives, (4) Films, (5) None

22. ‘Goodbye Shahzadi’ is a book written by—
(1) Shyam Bhatia, (2) Ashok Mehta, (3) Janardhan Thakur, (4) Arun Gandhi, (5) None

23. With which one of the following sports, Narain Karthikeyen is connected ?
(1) F–1, (2) Tennis, (3) Badminton, (4) Table Tennis, (5) Snooker

24. In which one of the following States, Sabari mala temple is located ?
(1) Tamil Nadu, (2) A.P., (3) Kerala, (4) Karnataka, (5) None

25. Which one of the following will set up core banking infrastructure for rural banks ?
(1) RBI, (2) NABARD, (3) SIDBI, (4) IBA, (5) None

26. Who is Robert Zoelick ?
(1) IMF Chief, (2) World Bank President, (3) ADB President, (4) Chief UNIDO, (5) None

27. Mehbooba Mufti belongs to which one of the following political parties ?
(1) National Conference, (2) PDP, (3) NCP, (4) Janta Dal, (5) None

28. Fixed Deposit also called as .........?
1) Term Deposit, 2) Steer Deposit, 3) Validity Deposit, 4) No Cancel Deposit, 5) Inter Deposit

29. Expand CDSL .........?
1) Central Deposit Source Limited, 2) Central Deposit Signal Limited
3) Central Depository Services Loyalty, 4) Central Dena Services Limited
5) Central Depository Services Limited

30. Credit Creation means .........?
1) giving loans after cancellation of old loan, 2) giving more and more loans to BPL families
3) to expand deposits through expanding their loans and advances
4) to provide more loans to government employees without rate of interest, 5) All of above

31. The best alternative banking service to branch banking to be the part of Financial Inclusion?
1) Establishment of small branches, 2) Setup ATMs, 3) Issuing of ATM cards
4) Giving Credit Cards, 5) Mobile banking

32. Central Bank of India has tie up with .......... to promote vocational training amongst the youth.
1) National Skill Deemed Corporation (NSDC), 2) National Steamed Development Corporation (NSDC)
3) National Skill Development Corporation (NSDC), 4) Notional Skill Development Corporation (NSDC), 5) None

33. Overdraft facility means .........?
1) bank account holders to have a facility to take draft having denomination more than the minimum balance they maintain
2) facility that allows bank to charge more draft charges if they issue drafts having more value than Rs.1,00,000
3) the account holder can take more than one draft in a day in the same branch by paying few charges
4) rural Banks can take more loan than allowed by the RBI from world bank in the month of March every year
5) facility that allows bank account holders to have a negative balance on their bank accounts and pay rate of interest on the excess amount used

34. Which among the following measures can not be taken by the government to tackle the inflation?
1) Financing the areas, where the production of the goods is less, 2) Fixing the MRP of major products to be bought
3) Asking RBI to mint the new currency, 4) Banning the export of goods, 5) None

35. International events given. Pick the wrong one?
1) India helps Nepal in the election management, 2) Newzeland prime minister John Key visited India
3) South Korea signed civil nuclear cooperation agreement with India
4) Ollanta Humala won Mexico presidential election
5) World's longest sea bridge of 36.48 km across the mouth of the Jiaozhou Bay in eastern Shandong Province, in Chin

36. The country's first-ever socio-economic and caste Census to identify people living below poverty line (BPL) started on Jun 29, 2011 at tribal village of Sankhola of .........?
1) Maharashtra, 2) Andhra Pradesh, 3) Jammu, 4) Bihar, 5) Tripura

37. Increase in deposit rate results .........?
1) lower savings, 2) lower investments, 3) increase bank branches, 4) increase savings, 5) none

38. Banks giving the lowest lending in the ......... Part of India.
1) Central, 2) North Eastern, 3) Southern, 4) Western, 5) Northern

39. ......... is a good step if RBI to stop the Capital Outflows and contain the currency depreciation?
1) increase the bank license fee, 2) restricting customers not to use other ATM
3) decrease the interest rates, 4) increase the interest rates, 5) None

40. ......... bank is not a foreign bank?
1) HSBC, 2) IDBI, 3) ANZ, 4) SCB, 5) ICBC

41. Plastic Card of the banks do not include .........?
1) Passport issued by Indian Government, 2) Credit Card issued by SBI, 3) Debit Card issued by ICICI
4) Pre-Paid Card issued by HSBC, 5) ATM Card issued by foreign Banks

42. Authors and Books given. Pick the wrong combination?
1) Straight from the Heart -Bradman, 2) Sunny Days - Gavaskar
3) If Cricket is a Religion, Sachin is God - Vijay Santhanam
4) Wide Angle - Anil Kumble, 5) Standing My Ground - Mathew Hayden

43. Sagar Prahari Bal is the .........
1) India war ship, 2) Indian Sea watching agency, 3) Indian missile water to water, 4) Indian Sea prote ction force
5) President of India ship
44. Many a time we read in newspapers that some big banks have revised their lending rates to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks, normally they announce this decision of theirs
(1) immediately after the Union Budget is presented in the Lok Sabha every year.
(2) when the RBI makes changes in its policy rates.
(3) when the Monetary and Credit Policy of the RBI is reviewed periodically.
1) Only A    , 2) Only B    , 3) Only C, 4) Only B & C    , 5) All A, B & C

45.  As a policy to boost the agricultural sector in the country, the Govt of India has taken several special measures over the years Which Of the following cannot be considered a measure/measures which will have a direct impact(s) on the agricultural sector?
A. Setting up of a National Food Processing Bank
B. Opening irrigation, sanitation and water projects for development under public-private participation
C. Efforts to bring down fiscal deficit to 5.5 percent level of GDP
1) Only A    , 2) Only B    , 3) Only C, 4) Only A & B    , 5) All A, B & C

46. As we all know, the rate of MAT has been increased from the present 15% to 18% with effect from Apr 2010. What is the full form of MAT?
1) Maximum Alternate Tax, 2) Minimum Alternate Tax, 3) Minimum Affordable Tax
4) Maximum Affordable Tax , 5) None
47.  Many times we read in newspapers that several companies are adopting the FCCBs route to raise capital. What is the full form of FCCBs?
1) Foreign Currency Convertible Bonds, 2) Foreign Convertible Credit Bonds
3) Financial Consortium & Credit Bureau, 4) Future Credit & Currency Bureau, 5) None

48. Which of-the following is an innovative mechanism adopted by banks to meet the targets fixed for lending to priority sector by the Banks?
1) Buying & Selling of Priority Sector Lending Certification., 2) Sale of Kisan Vikas patra
3) Inter Bank Participation Certificates , 4) Adoption of Core Banking Solution , 5) None
49. Which of the following is NOT a bank or finance company?
1) Barclays    , 2) BNP Paribas, 3) Lufthansa     , 4) HSBC, 5) All are banks/finance companies.

50. The Indian Railways is in the process of purchasing Bullet Train Technology from which of the following nations?
1) France    , 2) China    , 3) Japan, 4) Russia    , 5) Spain
General Awareness Answers: 1- (1), 2-(5), 3- (5), 4 (3), 5- (5), 6- (3), 7- (3), 8- (2), 9- (4), 10- (3), 11- (2), 12- (4), 13- (4), 14- (2), 15- (5), 16- (1), 17- (2), 18- (1), 19- (3). 20- (4), 21- (4), 22- (1), 23- (1) , 24- (3), 25- (2) , 26- (2), 27- (2), 28-1, 29-5, 30-3, 31-5, 32-3, 33-5, 34-3, 35-4, 36-5, 37-4, 38-2, 39-4, 40-2, 41-1, 42-1, 43-4, 44 (4), 45 (3), 46 (2), 47 (1), 48 (4), 49 (3), 50 (3)