current affairs nov'11

8/3/2019 Current Affairs Nov'11

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CWE CLERK GK SERIES-1

1. Free Trade Agreement (FTA) between India and _______ came into effect from July 1. (a) Malaysia(b) Mongolia(c)

South Korea

(d) China2. India- Malaysia CECA is Indias _____ bilateral Comprehensive Economic Co-operation Agreement.(a) Third(b) Fourth(c) Fifth(d) Sixth3. Comprehensive economic Co-operation Agreement(CECA) envisages liberation of(a) Trade in goods(b) Trade in services(c) Investments

Which of the following is correct?(a) Only I(b) Only II(c) I & II(d) All the above4. The implementation of FTA between India and Malaysia will boost the bi-lateral trade to____ by 2011.(a) $ 12 billion(b) $ 14 billion(c) $ 18 billion(d) $ 15 billion5. The index of Indias core industrial registered a growth of _____ in May, 2011.(a) 5.3%(b) 6.3%(c) 7.3%(d) 8.3%6. Indias largest wind turbine maker Suzlon Energy has bagged recently a Rs. 650 crore from Orient Green

Power Company. This is a _____ company.(a) Mumbai-based(b) Chennai-based(c) Bangalore-based(d) Delhi-based7. GMR Energy has tied up funds for its _____ power project, which is GMRs first independent power

project outside India.(a) Singapore(b) Thailand(c) Malaysia(d) None of these8. US Axis Bank has recently sanctioned loans worth $ 1.40 billion to Indian companies in the _____ sector.(a) Infrastructure(b) Renewable Energy(c) Micro Finance(d) None of these9. Maharashtra Electrosmelt Ltd.(MEL) has been merged with SAIL recently.MEL is located at(a) Ratnagiri(b) Ahemadnagar(c) Pune(d) Chandrapur


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10. The Government on July 18 approved in principle additional equity infusion of crore.(a) Rs.1,000(b) Rs.1,200(c) Rs.1,600(d) Rs.2,000

CWE CLERK GK SERIES-21. Justice V Ramaswami was the first Judge of Supreme Court to be impeached by Lok Sabha2. Justice Soumtra Sen is the First Judge of High Court to be impeached by Rajya SabhaWhich among the above statements is/ are correct?[A]Only 1 is correct[B]Only 2 is correct[C]Both 1 & 2 are correct[D]Neither 1 nor 2 is correct2. Ursula Burns was recently listed in the Worlds 30 most powerful businesswomen by Forbes500. She is also the first African-American woman CEO to head a Fortune 500 company. Whichamong the following company does she head?[A]Sony[B]HTC[C]Xerox[D]Dupont3. Who among the following has been recently selected by Prime Minister Manmohan Singh tohead the ambitious India-China CEOs Forum?[A]Azim Premji[B]Mukesh Ambani[C]Anil Ambani[D]Rahul Bajaj4. Which among the following is the correct full form of NPCR a modified version of TraisDoNot Call Registry list.?[A]National Consumer Protection Register[B]National Customer Privacy Registry[C]National Customer Protection Registry[D]National Customer Preference Registry5. Who among the following has recently sworn in as the chief of the Central Intelligence Agency(United States)?[A]Leon Panetta[B]David Petraeus[C]James Clapper[D]John Brennan6. The Governor of which among the following states in India is NOT a woman at present?[A]Himachal Pradesh[B]Gujarat.[C]Uttarakhand[D]West Bengal7. Starting with Highest, which among the following is the correct order of FDI source countries toIndia?[A]Mauritius, US, Singapore, UK[ B]Mauritius, Singapore, US, Australia[C]Mauritius, Singapore, US, UK[D]Mauritius, Singapore, UK, US8.Which among the following company is developing skyscraper computers using hugesandwiches of silicon chips by sticking layer after layer of chips covered with tiny componentstogether, so that they work 1000 times faster than the current computers?


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[A]IBM[B]Acer[C]Apple[D]Hewlett-Packard9. Consider the following:1. Basmati Rice2. Onion2. Wheat4. Non-Basmati RiceCurrently, there is a ban on export of which among the above?[A]1[B]1 2[C]1 2 3[D]1 2 3 410. Consider the following:1. Atomic Energy2. Lottery Business3. Gambling and Betting4. Business of Chit FundIn which among the above FDI is permitted in India?[A]None[B]1 & 2[C]1, 2 & 3[D]1, 2, 3 & 411. Which among the following sector gets maximum FDI currently?[A]Services sector (Financial and non-financial)[B]Computer (software & hardware)[C]Telecommunications (radio paging, cellular mobile, basic telephone services)[D]Housing & Real Estate12. The Agreement on South Asian Free Trade Area (SAFTA) was signed in a SAARC summit thatwas held in ___?[A]New Delhi[B]Dhaka[C]Male[D]Islamabad13. Which among the following is Indias first state to have an e-monitoring system where citizenscan track their applications and check for delays online?[A]Gujarat[B]Punjab[C]Maharastra[D]Delhi14. In which year Dadasaheb Phalke Award was instituted?[A]1966[B]1969[C]1972[D]197315. The Government has decided to withdraw which among the following export promotionscheme recently?[A]Duty Free Replenishment Card (DFRC)[B]Market Access Initiative (MAI)[C]Focus Market Scheme[D]Duty Entitlement Pass Book (DEPB) scheme

ANSWERS: 1.C 2.C 3.C 4.D 5.B 6.D 7.C 8.A 9.A 10.A 11.A12.D 13.D 14.B 15.D


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CWE CLERK GK SERIES-31. The controversial Sindol hydro-power project is located in which among the following states of

India?

[A]Maharastra[B]Himachal Pradesh[C]Arunachal Pradesh[D]Odisha2. In which among the following cities is coming up the MIHAN Project ?[A]Bangalore[B]Pune[C]Nagpur[D]Mumbai3. Which among the following terms does not get a place in Constitution of India?[A]Attorney General[B]Comptroller and Auditor General[C]Cabinet[D]Finance Commission4. Which among the following state is host to the World Cup Kabaddi 2011?[A]Haryana[B]Punjab[C]Gujarat[D]Rajasthan5. Which among the following state Governments recently banned the staging of La Tomatinafestival (Tomato Festival), on lines of a festival that is held in the Valencian town of Bunol, inwhich participants throw tomatoes at each other?[A]Gujarat[B]Madhya Pradesh[C]Maharashtra[D]Karnataka6. Consider the following:1. Scientific Adviser to the Defence Minister,2. Secretary Defence R&D3. Director General Defence Research and Development Organization (DRDO)Which among the above offices are held by the same person (Dr VK Saraswat currently) ?[A]1 & 2[B]1 & 3[C]2 & 3[D]1, 2 & 37. India looks for cooperation with which among the following countries for Oil exploration inSouth China Sea (It has been controversial recently) ?[A]China[B]Cambodia[C]Vietnam[D]Laos8. Who among the following is the current President of the Indian Premier League ? [A]Chirayu Amin[B]Rajeev Shukla[C]Shashank Manohar[D]Krishnamachari Srikkanth9. Which among the following is / are the main objective(s) of National Green Corps ?[A]Educate youngsters about environment and ecosystems[B]Prosecute and Punish the violators of Environment laws


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[C]Promote Green Products[D]All of above10. Who among the following heads the new committee set up by Ministry of Railways to reviewlong-term safety needs of the national transporter?[A]R S Sharma[B]Anil Kakodkar[C]K. S. Dasgupta[D]Rajeev Chandrasekhar11. Which among the following country will host the Sixth international conference on Ayurvedaand holistic healing in January 2012?[A]India[B]Sri Lanka[C]Maldives[D]Thailand12. In which state of India, the Chinar-2011, a Philatelic exhibition and Postal Festival wasorganized recently in 3 decades?[A]Uttar Pradesh[B]Jammu & Kashmir[C]Rajasthan[D]Gujarat13. Who among the following was responsible for Petrol price hikes recently?[A]Government of India[B]Government of Indian States[C]Oil marketing Companies[D]All of themShow Answer14. The Ozone Day is observed every year on September 16 as on this day in 1987 the

___________was signed for launching efforts to arrest the depletion of the fragile ozone layer inthe stratosphere that prevents the harmful ultra-violet rays of the sun from reaching the earth. Fillthe correct word in blank.[A]Montreal Protocol[B]Geneva Protocol[C]Kyoto Protocol[D]Nagoya Protocol15. Which among the following is NOT a web browser?[A]SpaceTime[B]NeoPlanet[C]Sputnik[D]MeeGoANSWER: 1.D 2.C 3.C 4.B 5.D 6.D 7.C 8.B 9.A 10.B 11.B

12.B 13.C 14.A 15.D

CWE CLERK GK SERIES - 41. Which card cannot be used in bank ATM?1) Credit card2) Debit card3) Aadhar Card4) Pre-paid card5) None2. We use PIN number in the transactions of bank ATM. PIN means ........?1) Personal Identification numeral


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2) Personal Identity number3) Personal Identification number4) Preferential Identification number5) Personal Indian number3. Banks do not issue.........?1) Cheque book2) Birth certificate3) Demand Draft4) Letter of Credit5) Withdrawal Form4. The debit card can be used in........?1) in the same bank ATM2) in the other bank ATM3) Point of Sales Terminals ( POS)4) All of above5) None of Above5. RBI can not supervise.........?1) Micro Finance Companies2) Non-Banking Finance Companies3) NGO4) Non-Scheduled banks5) Scheduled banks6. The Indian Banks Association is a ........1) Constitutional body2) Non-Constitutional body3) Statutory body4) Government body5) Association of banks7. Swabhiman is the scheme of ........?1) Children2) Rural area development3) SEBI4) Ministry of Finance and Indian Banks Associaation5) World bank8. Recently, Rs. 75 coin issued in the memory of ........celebrations of RBI?1) Golden2) Silver3) Platinum4) Diamond5) Centenary9. Indian Banks need not follow........?1) Banking Regulation Act,19492) RBI Act 19343) Negotiable Instruments Act,18814) MGNREGA,20065) FEMA 199910. Which merger is wrong?

1) ICICI limited merger with ICICI Bank Limited -20022) Times bank with HDFC bank-19993) State bank of Hyderabad with State bank of India-20104) State bank of Indore with State bank of India-20105) New bank of India with Punjab National Bank-199311. The promoter of Clearing Corporation of India (CCIL)........?1) IDBI2) State bank of India and ICICI3) LIC


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4) HDFC and Bank of Baroda5) All of above12. Expand SFFSS?1) Special Fund Facility Security Scheme2) Special Fund Facsimile Security Settlement3) Special Fund Facility Scrutiny Settlement4) Special Front Facility Security Settlement5) Special Fund Facility Security Settlement13. Escheat mean........?1) The person arrested on the charges of cheating and corruption2) Estate taken by more than 2 persons to share in the future.3) The british law which says the person cheated must make the correct of the transaction done4) Bank agreement with another bank to get the funds for 14 to 90 days .5) Property is transferred to the government because a person has died without heirs.14. In 1964, ECGC established. Expand ECGC, which is under the administrative control ofgovernment of India?1) Export Credit and Guarantee Company2) Export Control and Guarantee Corporation3) Export Credit and Guarantor Corporation4) Export Credit and Guarantee Corporation5) None of Above15. Lead bank scheme of RBI was set up on the recommendation of ........?1) Soma Sundaram Committee2) Gadgil study group3) Lodha group4) Seturaman Committee5) C.Rangarajan committee16. Select the wrong option in the following statements relating to Co-operative Banks?1) Co-operative bank is registered under the Co-operative societies law in which state it is founded2) Banking Regulation Act 1949 partially applicable so that RBI has partial control3) Few Co-operative banks usually follow federal structure4) Co-operative banks can open foreign branches with out the permission of RBI5) State Co-operative banks can seek re finance facility from RBI17. Locate the wrong combination?1) Rajmannar Committee-Cheque bounce an offense2) Nadakarni Committee-Trading in Private Banks3) Goparia Committee-Bank Frauds4) Vyas Committee-Rural Credit5) Usha Thorat Committee-Financial Inclusion18. On 18 August 2011, Asian Development Bank granted $ 200 million to .......to boost the powerdistribution in the state?1) Bihar2) Andhra Pradesh3) Odisha4) West Bengal5) Madhya Pradesh19. Asian Development bank is in Manila. Manila is the capital of.......?

1) Philippines2) Japan3) Hongkong4) Vietnam5) Laos20. Highest producer of milk in the world is.......?1) Canada2) USA3) India


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4) UK5) France21. Devaluation means........?1) deliberate upward adjustment to a country's official exchange rate relative to other currencies2) deliberate downward adjustment of prices to market prices3) downward the exports value to import value of the goods exchanged for the goods4) deliberate downward adjustment to a country's official exchange rate relative to othercurrencies5) None of Above22. Payroll tax means.......?1) Tax collected on employers' wage bills2) Tax paid to government by class-IV employees3) Tax paid and received on the rotation basis4) No Tax collected from employees5) All of above23. .......is a surface to surface missile manufactured by India?1) Hatf2) Bulava3) KN-064) Prahar5) Trinity24. Lok pal bill deals with........?1) Reservation of women in Local Bodies2) Corruption3) Beedi workers4) Domestic workers5) Non-Resident Indians25. Union Cabinet approved to grant Rs.1200 crore scholarship plan to........?1) Jammu and Kashmir2) Uttar Pradesh3) Madhya Pradesh4) Assom5) Odisha26. New Chief minister of Uttarakhand is.......?1) Nitish Kumar2) Mayawathi3) Ramesh Pokhriyal4) B.C. Khanduri5) None27. South Sudan is in ......?1) Asia2) Europe3) North America4) Africa5) Australia

28 G-SAT -12 is a .......?1) Rocket2) Satellite3) Space Shuttle4) Missile5) Aircraft29. From 10 November 2011, the SAARC summit to be held in Male (capital of Maldives). Selectone nation not a member of this International summit?1) Myanmar


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2) Bangladesh3) India4) Sri Lanka5) Pakistan30. Housing scheme is........?1) MGNREGS2) JSSY3) RAY4) ANNAPURNA5) LAF31. National Drinking Water Mission named after.......?1) Indira Gandhi2) Mahatma Gandhi3) Jawahar Lal Nehru4) Rajiv Gandhi5) Vajpayee32. Pick up a filed in which Ramon Magsaysay award is not given?1) Sports2) Emergent Leadership3) Government Service4) Peace and International Understanding5) journalism33. 12th Five year plan period is.......?1) 2012-20172) 2010-20153) 2009-20144) 2012-20185) 2011-201634. Five year plans finally approved by.......?1) National Development Council2) Planning Commission3) National knowledge Commission4) Ministry of Finance5) Finance Secretary35. Father of Indian Green Revolution is.......?1) M.S.Swaminathan2) Harish Handey3) J.M.Keynes4) Amartya Sen5) Indira Gandhi36. As part of Look East policy, Prathibha Patil, the president of India recently visited.......?1) South korea2) North Korea3) Vietnam4) Malaysia5) Hongkong37. India's national aquatic animal is.......?1) Fish2) Prawn3) Whale4) Dolphin5) Shrimp38. National Children day is........?1) 14 January2) 14 December


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3) 14 October4) 14 November5) 14 August39. 80th anniversary completed by.......?1) Central Bank of India2) Planning Commission3) Rastrapathi Bhavan4) Income Tax Department5) Reserve Bank of India40. Indian stock markets run under the control of..............?1) RBI2) TRAI3) SBI4) SEBI5) NABARD41. Standard & Poor is a .......?1) Bank2) Non-banking finance company3) Stock market index4) Credit Rating Agency5) RBI advisory body42. MARPOL is the International Convention .......?1) to prevent the amalgamation of money laundering agencies2) to control pollution from motor vehicles3) to prevent the pollution from Ships4) to stop the usage of pesticides5) to encourage the people not to buy plastic43. Fazilka and Pathankot are the new two districts of.......?1) Punjab2) Andhra Pradesh3) Rajasthan4) Odisha5) Jammu & Kashmir44. Union Government declared price stabilization fund for.......?1) Tobacco, Coffee, Tea and Rubber2) Coffee, Tea, Rice and Sugar3) Wheat, Computers, Chemicals and Tea4) Coffee, Rice, Wheat and Crude5) Petrol, Gas and Rice45. ........not written by Sarojini Naidu?1) The Golden Threshold2) The Feather of the Dawn3) Muhammad Jinnah4) Swamy and his friends5) The Bird of Time: Songs of Life, Death & the spring46. .......is a player/ umpire/ coach not belong to Cricket?1) Duncan Fletcher

2) Clyde Duncan3) Gautam Gambhir4) Lionel Andres Messi5) Mansur Ali Khan PataudiANSWERS:1)3 2)3 3)2 4)4 5)3 6)5 7)4 8)3 9)4 10)3 11)5 12)5 13)5 14)4 15)2 16)4 17)2 18)5 19)1 20)3 21)4 22)123)4 24)2 25)1 26)4 27)4 28)2 29)1 30)3 31)4 32)1 33)1 34)1 35)1 36)1 37)4 38)4 39)3 40)4 41)4 42)343)1 44)1 45)4 46)4 47)


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CWE CLERK GK SERIES - 51. Which of the following statements is true?a) The licence to open branches of bank is granted by Board of Directors of that Bankb) There is no need of licenses to open branch of a bankc) A licence to open a branch is issued by the Central Governmentd) A licence to open a branch is issued by the Reserve Bank of India under the provisions of BankingRegulation Act, 19492. The important condition for granting licence of banking companies is?a) Banking company need not plan to pay for future depositorsb) Banking company can plan for its capital structure once the licence is grantedc) The business undertaken by the banking company should not frustrate the interest of public d) The banking company can undertake business other than banking with the permission of annualgeneral body3. Who of the following is not a party to the IPO?a) Registrar of Issueb) Investment Bankerc) Advertisement Agencyd) Registrar of Companies4. Which of the following is not shown as an asset in the balance sheet of a Bank?a) Investmentsb) Advancesc) Cash Balances with other banksd) Borrowings5. The credit policy of a bank does not consists of?a) Lending policiesb) Quality controlc) Loan product mixd) Advertising of loan products6. Which of the following is a function of the agent bank relating to flow of money in the processof loan syndication?a) Receiving notices relating to cancellation of any part of the loanb) Calling of loans in the event of defaultc) Receiving the fee from the borrower and distributing among the participating banksd) Receiving notices relating to transfers of banks7. Which of the following is the parameter to recognize the SSI unit as sick unit?a) The erosion in the net-worth due to accumulated losses is up to 25% of its net worth during theprevious account yearb) The erosion in the net-worth due to accumulated losses is up to 50% of its net worth during theprevious account year.c) The unit should have been in commercial production for at least five yearsd) Lack of updations in technological development8. Which of the following is not the service provided by the Small Industries Service Institute?a) Providing entrepreneurship development programsb) Developmental effortsc) Export promotion and liaison activitiesd) Financial support9. Service Area Approach (SAA) is associated with?a) Rural and Semi-urban branches of commercial banksb) Urban branches of commercial banksc) Branches of commercial banks situated in metro citiesd) Development banks


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10. Which of the following cannot be securitized?a) Future rentals of a fishing boatb) Hire purchase receivablesc) Demand drafts received by the banker during clearingd) Future billings for an airline11. Which of the following statements is true?a) The special purpose vehicle (SPV) purchases the assets from the borrower directly during thesecuritizationb) The originator and obligor are the same persons in securitization processc) Administrator collects the payments due from the obligor and passes it to the SPV and follows withdefaultersd) Mortgage based securitization provides high yields to the investor12. The important feature of an anticipatory letter of credit is that?a) The letter of credit can be used as back- to- back letters of creditb) The beneficiary under the letter of credit may receive payment even at the pre-shipment stagec) The beneficiary under the letter of credit may receive payment even at the post-shipment staged) The cash advance is not permitted against such letter of credits13. The Shipping guarantee is a?a) Type of a letter of creditb) Guarantee issued by the ship captain to the purchaserc) Guarantee issued to the borrower towards the loan granted by the shipping companyd) Deferred payment guarantee issued by a banker at the request of the consignee when the documentsare not received and goods are received, for facilitating the delivery of goods.14. Which of the following statements is true?a) The charge card is a credit instrumentb) Under this facility the cardholders need to pay amount within ten installmentsc) Cardholder has to pay the 100% of the purchase amount within 30 days of purchased) The charge card shall have revolving credit15. Which of the following is not augmented feature of a credit card?a) Personal accident insuranceb) Cash withdrawalsc) Add-on facilityd) Issue of deferred guarantee16. Which of the following is the disadvantage of going for public issue?a) Liquidity to existing sharesb) Increase in visibility and reputation to the companyc) Better pricing and placement with new investorsd) Need to make continuous disclosures17. Which of the following is not a criterion to select the Investment Bankers?a) No professional memberships or incorporations are requiredb) General reputation in the marketc) Good rapport with market intermediariesd) Distribution net work of the organization18. Which of the following is not an asset of a bank?a) Notes and small coinsb) Overdue recurring depositsc) Short term loans

d) Staff advances19. The banking company has restriction to sanction loan to?a) Directors of the bankb) Staff working in the bankc) Students going abroadd) Professionals20. Which of the following is a non-depository institution?a) Credit unionsb) Commercial banks


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c) Mutual fundsd) Regional rural banks21. The disadvantage associated with leasing company is?a) Low costsb) Flexibility in paymentsc) Eliminates the risk of obsolescenced) High competitions because of entry to all financial institutions22. Which of the following theory is associated with the financial system in the economic growth?a) Retributive theoryb) Reformative theoryc) Financial repression theoryd) Jurisdictional theory23.Which of the following is not a financial intermediary in the financial markets?a) Pension fundsb) Credit unionsc) Life insurance companiesd) Small scale service institute.24 Which of the following is not a function of a commercial bank?a) Registration of charges and mortgagesb) Transactions servicesc) Asset transactiond) Real-time Gross Settlement25. Which of the following is one of the three pillars of new Basel Capital Award?a) Market competitionsb) Market rapportc) Market disciplined) International market relations26. The interest in savings bank accounts of a bank is calculated on?a) Minimum amount of balance that is maintained in the account in between 10th and the last day ofmonthb) Maximum amount of balance that is maintained in the account in between 10th and the last of monthc) Minimum amount of balance that is maintained in the account in between 1st and the last day of monthd) Maximum amount of balance that is maintained in the account in between 1st and the last of month27. The credit policy of a bank does not deal with?a) Credit risk managementb) Documentation standardsc) Review and renewal of advancesd) Outstanding balances in deposit accounts28. Issuing credit cards is a component of ?a) Corporate bankingb) Rural bankingc) Retail bankingd) Micro finance29. The origin of bank instruments can be traced to?a) The priests and worship places of public depositsb) Goldsmith receiptsc) Bonds issued by the British Government in India

d) Bank notes issued by Bank of Venice30. Which of the following is not the function of commercial banks?a) Providing transaction servicesb) Intermediation in financial servicesc) Providing transformation servicesd) Regulating the issue of bank notes.31 Which of the following is the most important challenge before the commercial bank?a) Maintenance of foreign currencyb) Evaluating the need of the customers


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c) Maintenance of SLR and CRRd) Meet the technological revolution32. The asset's side of balance sheet consists of ?a) Cash balances with other banksb) Fixed deposits of customersc) Savings depositsd) Recurring deposits33. Which of the following is an income for a bank?a) Depreciation on bank's propertyb) Interest on inter bank borrowingsc) Profit on revaluation of investmentsd) Provisions made on account of write-offs34. Saving Bank Account can be opened in the name of ?a) State text book printing corporationsb) District level housing cooperative societiesc) Communist Party of Indiad) Aravind Samuel, Anurag Deepak and Amarish Sugandhi Jointly35. The interest on recurring deposit is paid on the basis of ?a) Simple interest calculated monthly basisb) Simple interest on monthly products basisc) Quarterly compoundingd) Interest calculated on daily products basis36. Which of the following statements is true?i. Term deposits are non-transaction depositsii. Cheques can be issued on short-term depositsiii. All term deposits are interest bearing depositsa) (i) onlyb) (ii) onlyc) (iii) onlyd) (i) and (iii)37. The credit policy laid down by the top management of a bank does not deal with?a) Credit risk managementb) Pricing of the credit productsc) Appraisal of time and demand depositsd) Documentation standards.38. Which of the following factors is not required to be considered to analyze the repaymentcapacity of a borrower?a) Working capital managementb) Personal educational qualificationsc) Financial leveraged) Interest rate risk management39. Which of the following is a facilitating service of core loan products of retail banking services?a) Current or savings accountsb) Legal services for documentationc) Delivery of loan at promised time periodd) Flexibility in prepayment of loan40. Which of the following is an most important advantage of retail banking on the resource side?

a) Consumer loans are low risk productsb) Innovative product development and disbursalc) Increases the subsidiary business of a bankd) Requires less efforts to market retail loan products41. Lenders may not provide trade-offs to the borrowers on the basic term of consumerinstallment credit relating to?a) Interest rateb) Maturity of the loanc) Maturity of the deposit


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d) Quantum of finance42. Which of the following is the risk associated with the retail banking?a) Strong recovery strategyb) Definite lending limitsc) Effective credit process and proposalsd) Inadequate risk pricing43 The advantage of consortium finance is?i. Speedy transactions and individual approachii. Involvement of huge amountsiii. Use of expertise of all the banksa) (i) onlyb) (ii) onlyc) (iii) onlyd) (i), (ii) and (iii)44 Which of the following is not a function of the agent bank in loan syndication?a) Ensuring the compliance of conditions precedent under the loan agreementb) Determining the LIBOR interest rate for each interest ratec) Planning for future syndication of loansd) Receiving notices relating to cancellation of any part of the loan45. Which of the following is not a phase/step in the formation of loan syndication?a) Finalization of supply agreementb) Identify the needs of the borrowerc) Preparation of information memorandumd) Invite other banks to participate46. Which of the following statements is true?a) SSI is an undertaking in which the investments in fixed assets in plant and machinery does not exceedone millionb) Small and medium enterprises both in size and shape are not homogenous in naturec) The small and medium enterprises contribution towards the GDP is nominald) Small and medium enterprises do not support the large industries.47. The Nayak Committee has suggested the turnover method for assessing the working capitaland pegged it at?a) 15% of the projected annual turnover, as working capital limitb) 20% of the projected annual turnover, as working capital limitc) 25% of the projected annual turnover, as working capital limitd) 30% of the projected annual turnover, as working capital limit48. Which of the following is not a part of the rehabilitation package granted for revival of sickindustry?a) Waiver of penal interestsb) Funding by sanctioning of term loans towards the unpaid installments of loansc) Grant of additional working capital loansd) Not demanding the promoters contribution towards the rehabilitation package49. Service Area Approach is associated with?a) Industrial financeb) Microfinancec) Rural financed) Consortium finance

50. Which of the following resources cannot be securitized?a) Credit balances outstanding in cash credit accountsb) Credit Card receivablesc) Hire purchase receivabled) Mortgage in lieu of future payments51. Which of the following is a type of anticipatory letter of credit?a) Green clause letter of creditb) Yellow clause letter of credit


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c) Back to back letters of creditd) Revolving letter of credit52. Performance guarantee is issued?a) In lieu of earnest moneyb) In lieu of retention moneyc) In lieu of indemnity bondsd) For successful competition of Turnkey projects53. Which of the following is not a transfer of funds by using the electronic media?a) Mail transfer of fundsb) Telegraphic transfer of fundsc) Electronic credit transfersd) Electronic clearing transfers54. Which of the following is not an augmenting feature of credit cards?a) Personal accident insuranceb) Cash withdrawal facilityc) Add-On facilityd) Automatic recovery of interest on term loans55 Which of the following is a disadvantage of going public issue?a) Provides liquidity to existing sharesb) Commands better pricing than placement with few investorsc) Increased regulatory normsd) Enables valuation of the company56 Which of the following is not a reason for regulating the banking operations?a) Banks hold a major portion of the public savingsb) Banks intermediate between the savings and investmentsc) Banks hold a large part of the money supplyd) Banks earn profit from non-fund services57. Which of the following statements is true?a) Resave Bank of India empowers the banks to open branches according to their will and pleasureb) Reserve Bank of India is a central bank which monitors only lending activities pertaining to exportcreditc) Banks have authority to establish the ATMs at their convenienced) Rural banks of commercial banks do not have freedom to issue credit cards58. When the customer withdraws cash from ATM, the banker and customer relation ship is?a) Debtor and Creditorb) Creditor and Debtorc) Lessor and Lesseed) Agent and principal59. Which of the following is a public sector Bank?a) IDBIb) ICICIc) AXISd) HDFC60. Trade control in India is regulated by?a) RBIb) SEBIc) EXIM Bank

d) DGFT61 Which of the following businesses is prohibited as per Sec 8 of B.R Act 1949?a) Executing the trustsb) Leasingc) Retail tradingd) Underwriting62. Which of the following is not one of the essential elements of internal audit?a) Totalityb) Expertise


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c) Independenced) Subjectivity63. The letter of credit, which facilitates the exporter to get preshipment finance (from the stage ofpurchase of raw material until the warehousing of the finished goods) from advising bank iscalled?a) Red Clause LCb) Lines of creditc) Packing credit loand) Green Clause LC64. A term loan is classified as a non-performing asset, if interest or installment is overdue forperiod exceeding how many days?a) 90b) 91c) 180d) 18265. Which of the following is an interest bearing demand deposit?a) Time Depositb) Re-investment depositsc) Cash Certificatesd) Savings Bank account66. Debt Recovery Tribunals accept petitions from Banks and financial institutions, only when theamount of suit is for Rs?a) 1 00 000 and aboveb) 5 00 000 and abovec) 7 50 000 and aboved) 10 00 000 and above67. An endorsement is deemed as an instruction to?a) Collecting Bankb) Paying Bankc) Drawerd) Payee68. Ideal Credit deposit ratio for a bank is?a) 60%b) 40%c) 90%d) 30%69. The rate at which RBI rediscounts the bills of commercial banks is called as?a) Bank Rateb) Prime Lending ratec) Repo rated) BPLR70. Which of the following is not one of the RBI directives on clean note policy?a) Currency note packets are not to be stapled and secured with paper bandsb) Soiled notes are to be stapled before they are remitted to Currency Chest.c) Water mark window of bank notes shall not contain any writingsd) Currency notes are to be sorted in to Issuable and non-issuable notes.71. Which of the following committees are related to 'Micro financing'?

a) Nayak Committeeb) Tandon committeec) Vyas Committeed) Narasimham committee72. The relation ship between RBI and the Bank maintaining the currency chest is that of?a) Debtor and Creditorb) Principal and Agentc) Bailor and Baileed) Creditor and Debtor


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73. Normally, the number of members in a self Help Group shall not exceed? a) 10b) 20c) 50d) 1574. Short fall in fulfilling the targets of Priority sector and agricultural finance by domesticcommercial banks shall be deposited with/in?a) RIDFb) SIDBIc) RBId) IDBI75. The maturity value of a Recurring deposit with a monthly contribution of Rs 500 kept for aperiod of 12 months, at 9% interest rate compounded quarterly would be Rs.?a) 6, 265b) 6, 625c) 7, 255d) 7, 55576. Which of the following is not an imperfect note?a) Washed noteb) Bleached notec) Mutilated noted) Oiled note77. Credit rating helps in measuring the credit risk and facilitates?a) Considering higher credit limitsb) Making loan provisioning at an early stagec) Accurately calculate the probable loan lossesd) Pricing of a loan78. The Reverse Repo has the following characteristic?a) Borrowing by RBI from banksb) Borrowing with government security as collateralc) Short term borrowingd) All of these79. Under the Nayak Committee recommendations, the quantum of working capital limits from the

bank is minimum percentage of the projected annual sales?a) 5%b) 15%c) 20%d) 25%80. Banks insist on providing finance for those projects or activities only which they consider tobe viable. What is meant by viability of project?a) Capacity to generate cash, adequate to service debt and surplus for borrower's personal requirement.b) Generation of cash to meet debt liabilityc) Generation of profits.d) Generation of gross profits81. Letter of negative lien obtained from borrower by a bank contains?a) An undertaking that the property mortgaged to the bank is his ownb) A confirmation that the borrower had earlier deposited title deeds to create mortgage on the property.

c) An undertaking not to create any encumbrance/lien on the property which he owns but not yetmortgaged to the bankd) A declaration that he is the joint owner of the property furnishing the details of his share and valuationthereof.82. Which of the following statement is CORRECT?a) Consortium advances to be treated as NPA on the basis of recovery by individual banksb) If one facility of a borrower is treated as NPA other facilities to himalso to be treated as NPA even ifthere are no irregularities in that account.c) Consortium must be formed if the total exposure of fund based limit exceeds Rs 100 crore.


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d) Both (a) and (b)83. If an IPO is under-priced, which of the following can be considered asconsequences/implications of the same?I. The company looses the opportunity to raise more fundsII. Under pricing would give less returns to the investorIII. Under pricing results in lower net worth on an increased equity.a) Only (II) aboveb) Only (III) abovec) Both (I) and (III) aboved) Both (II) and (III) above all.84. Corporate Bank files suit for recovery of its loan against the guarantor only and not theborrower. Guarantor pleads in the court that before filing suit against him, money should berecovered from the borrower. In such circumstances, the bank can seek recourse in the courtagainst?a) All the liable parties together onlyb) Any one of them at a timec) All separatelyd) At its discretion it can proceed against any one85. A letter of credit (LC) wherein the credit available to the customer gets reinstated after the billis paid is known as?a) Back to back LCb) Red clause LCc) Back to front LCd) Revolving LC86. Regional Rural Banks are?a) Private Sector scheduled commercial banksb) Cooperative banksc) Foreign banksd) Public sector scheduled commercial banks87. Large corporate customers demand?a) Short term products from their banks irrespective of the cost at their times of need.b) Increasingly sophisticated products from their banks at the lowest possible cost.c) Disintegrated financial products from their banks at the lowest possible cost.d) Basic banking products from their banks but with speed and efficiency.88. Funded Services under corporate banking does not include?a) Working Capital Financeb) Bill Discountingc) Export Creditd) Letters of Credit89. Which of the following is not directly involved in rural lending?a) Cooperativesb) RRBsc) Commercial banksd) SIDBI90. PACSs provide?a) Mainly long term creditb) Mainly short term credit

c) Both long term and short term creditd) Do not provide any credit91. The purpose of which is to make credit of available to essential sectors of the economyaccording to national priorities?a) Selective Credit Control (SCC)b) Maintenance of cash reservec) Reserve fundd) Comprehensive Credit Control92. The system of note issue followed by the RBI is?


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a) Proportional reserve systemb) Minimum reserve systemc) Minimum fiduciary systemd) Maximum fiduciary system93. The rate at which the Reserve Bank of India lends to the commercial banks in very short termagainst the backing of the Government securities is known as?a) Bank rateb) Repo ratec) Reverse Repod) Discount rate94. Scheduled banks are those?a) Includued in the 2nd schedule of the Banking Regulation Act-1949b) Includued in the 2nd schedule of the Companies Act-1956c) Includued in the 2nd schedule of the Reserve Bank of India Act -1934d) Bank Nationalization Act -196995. The following is classified as a public sector bank?a) ICICI Bankb) IDBI Bank Ltdc) Axis Bankd) Local area bankAnswers1) d 2) c 3) d 4) d 5) d 6) c 7) b 8) d 9) a 10) c11) c 12) b 13) d 14) c 15) d 16) d 17) a 18) b 19) a 20) c 21) d 22) c 23) d 24) a 25) c 26) a 27) d 28) c 29) b 30) d31) d 32) a 33) c 34) d 35) c 36) d 37) c 38) b39) a 40) c 41) c 42) d 43) d 44) c 45) a 46) b 47) b 48) d 49) c 50) a 51) a 52) d 53) a 54) d 55) c 56) d57) c 58) a 59) a 60) d 61) c 62) d 63) d 64) a 65) d 66) d 67) b 68) a 69) a 70) b 71) c 72) b 73) b 74) a75) a 76) c 77) d 78) d 79) c 80) a 81) c 82) a 83) c 84) d 85) d 86) d 87) b 88) d 89) d 90) b 91) a 92) b93) b 94) c 95) b

CWE CLERK GK SERIES - 6

1. The higher rate of growth of economy certainly reduces the(A) Gender inequalities(B) Poverty(C) Population of a country(D) Flow of foreign direct investment(E) None of these

2. The actual return of an investor is reduced sometimes as the prices of the commodities go upall of a sudden. In financial sector this type of phenomenon is known as(A) Probability risk(B) Market risk(C) Inflation risk(D) Credit risk(E) None of these

3. The maximum amount of the Total Revenue earned by the Govt. of India comes from (A) Income Tax(B) Customs Duty(C) Excise Duty(D) Value Added Tax(E) Corporate Tax


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4. In economics it is generally believed that the main objective of a Public Sector FinancialCompany like Bank is to(A) Employ more and more people(B) Maximize total profits(C) Maximize total production(D) Provide financial service to the people of the nation of its origin across the country(E) Sell the goods at subsidized cost

5. Which of the following is TRUE about the SingleEURO Payment Area a concept very much innews these days?1. It is a concept floated by European Union.2. It aims to create an integrated market for payment services in EURO.3. It is a contract to convert all US dollar payments into EURO, which is a currency almost freefrom fluctuations in its value.(A) Only 1(B) Only 2(C) Only 3(D) Only 1 and 2(E) None of these

6. What is a Repo Rate?(A) It is a rate of which RBI sell Govt. securities to banks(B) It is a rate at which RBI buys Govt. securities from banks(C) It is a rate at which RBI allows small loans in the market(D) It is a rate which is offered by Banks to their most valued customers or prime customers(E) None of these

7. In a Company the use of price sensitive corporate information by the Company-people to makegains or cover losses is known as(A) Insider trading(B) Future trading(C) Foreign trading(D) Stock trading(E) None of these

8. As per the directives issued by the Prime Ministers Economic Advisory Council (EAC), thepercentage of the current account deficit (of the total GDP) during 2008-2009 should not be morethan(A) 28%(B) 30%(C) 31%(D) 32%(E) None of these

9. The agricultural census is done at which of the following intervals ?(A) There is no fixed term(B) Every year(C) Once in three years(D) Once in ten years(E) Once in five years

10. Which of the following cannot be called as a Debt Instrument as referred in financialtransactions?(A) Certificate of Deposits(B) Bonds(C) Stocks


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(D) Commercial Papers(E) Loans

11. The amount of which of the following reflects the overall budgetary position of the Govt. ofIndia at a given time?(A) Revenue Deficit(B) Total Amount of Income Tax collected

(C) Capital Deficit(D) Fiscal Deficit(E) None of these

12. The 11th Five Year Plan is termed as plan for(A) Indias Health(B) Eradication of poverty from India(C) Indias Education(D) Development of Rural India(E) None of these

13. Who amongst the following gave the concept of PURA (Providing Urban facilities in RuralAreas)?(A) Rajiv Gandhi(B) Manmohan Singh(C) A.P.J. Abdul Kalam(D) Sonia Gandhi(E) None of these

14. Which one of the following is the percentage upto which FDI in defense sector is allowed ?(A) 26%(B) 41%(C) 31%(D) 49%(E) None of these

15. Bharat Nirman does not cover which of the following areas ?(A) Rural employment(B) Rural Housing(C) Rural Water supply(D) Irrigation facilities(E) It covers all the above areas

ANSWERS: 1.B 2.B 3.E 4.D 5.D 6.A 7.A 8.D 9.E 10.C 11.D12.C 13.C 14.A 15.A

CWE CLERK GK SERIES - 71. Which of the following committees has given its recommendations on Financial Inclusion?(A) Rakesh Mohan Committee(B) Rangarajan Committee(C) Sinha Committee(D) Kelkar Committee(E) None of these


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2. Which of the following correctly describes what sub-prime lending is ?1. Lending to the people who cannot return the loans.2. Lending to the people who are high value customers of the banks.3. Lending to those who are not a regular customer of a bank.(A) Only 1(B) Only 2(C) Only 3(D) All 1, 2 and 3(E) None of these

3. Which of the following is/are the major concepts visible in todays banking industry in India ? 1. Risk Based Management2. Growing competition3. IT Initiatives(A) Only 1(B) Only 2(C) Only 3(D) Both 2 and 3(E) All 1, 2 and 3

4. Which of the following services provided by a bank in India is not liable for Service Tax as perexisting laws?(A) Safe Deposit Lockers(B) Merchant Banking Services(C) Credit cards(D) Discount earned on certain discounted bills(E) None of these

5. Whenever RBI does some Open Market Operation Transactions, actually it wishes to regulatewhich of the following?(A) Inflation only(B) Liquidity in economy(C) Borrowing powers of the banks(D) Flow of Foreign Direct Investments(E) None of these

6. In India Minimum Support Prices are announced by the Govt. of India every year. Which of thefollowing commodities is not covered under this policy ?(A) Sugar(B) Wheat(C) Cotton(D) White goods(E) All are covered under the policy

7. Which of the following policies of a country brings a crucial impact on the economic growth ofthe nation?1. Fiscal policy2. Foreign policy3. Social policies(A) Only 1(B) Only 2(C) Only 1 and 2(D) Only 2 and 3(E) All 1, 2 and 3


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(D) Germany(E) Russia

5. The activity of purchasing shares of various companies is called(A) On-line Trading(B) Share Trading(C) Real estate investment

(D) Corporate Trading(E) None of these

6. Some private organizations are running e-choupals, to help which of the following section ofsociety ?(A) Farmers(B) Small businessman(C) Cooperative Credit Societies(D) School-going children(E) Unemployed youth

7. Which is the currency of U.A.E. ?(A) Dirham(B) Dinar(C) Dollar(D) Taka(E) Pound Sterling

8. Who amongst the following is the author of the book A bend in the River ?(A) Chetan Bhagat(B) V. S. Naipaul(C) Kiran Desai(D) Anita Desai(E) None of these

9. Which of the following terms is used in game of Cricket ?(A) Love(B) Scoop(C) LBW(D) Tee(E) Back-hand drive

10. Which one of the following was Indias per cent GDP growth during 2009-10 ?(A) 6.7(B) 9.2(C) 7.4(D) 9.7(E) None of these

11. Which of the following is/are a renewable source of energy ?1. Wind2.Solar3. Thermal(A) Only 1(B) Only 2(C) All 1, 2 and 3(D) Only 2 and 3(E) Only 1 and 2


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12. Expand the term SWIFT(A) Society for Worldwide Inter-national Financial Telecommunications(B) Society for Worldwide Inter-bank Financial Telecommunications(C) Society for Worldwide Inter-national Financial Transfers(D) Society for Worldwide Inter-bank Fiscal Transactions(E) None of these

13. For which one of the following reasons. NABARD has set up joint liability groups (JLG) offarmers?(A) To facilitate delivery of credit to farmers(B) To facilitate better delivery of credit to farmers through informal sources(C) To facilitate better delivery of credit to share croppers and those who do not have their own land(D) To facilitate better delivery of credit to farmers through Panchayats(E) None of these

14. Which of the following terms is not used in Banking World?(A) Holding Company(B) Post dated cheque(C) Credit(D) Time deposit(E) Centripetal force

15. What is the extent of claim that can be entertained by a Lok Adalat?(A) Up to 5 lakhs(B) Up to 10 lakhs(C) Up to 20 lakhs(D) Up to 50 lakhs(E) No limitANSWERS: 1.C 2.B 3.E 4.B 5.C 6.A 7.A 8.B 9.C 10.C 11.E

12.B 13.A 14.E 15.A

CWE CLERK GK SERIES - 91. As we know the Jammu & Kashmir Assembly recently passed a bill which enabled it to banInter District Recruitments in the state. As per the provision of the bill a youth can now apply for aGovt. Job in the state only in(A) His/her district(B) The districts of his/her commissionary(C) Only one district of his/her choice in the state(D) The district where he/she is residing at present(E) A District in Jammu region only2. As we know a servere earthquake had rocked Qinghai region recently. Qinghai is in which of

the following countries?

(A) North Korea(B) South Korea(C) Myanmar(D) China(E) Vietnam3. The second Summit of BRIC nations was organized in April 2010 in(A) New Delhi(B) Moscow(C) Brasilia


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(D) Beijing(E) None of these4. Which of the following states has decided to impose a cess on commercial vehicles so that awelfare fund can be created for the transport workers in distress of the state?(A) Maharashtra(B) West Bengal(C) Tamil Nadu(D) Kerala(E) None of these5. Which of the following organization recently celebrated Silver Jubilee Year (25

thYear) of its

establishment?(A) ASEAN(B) G-20(C) Commonwealth(D) NATO(E) SAARC6. Amnesty International is associated closely with which of the following ?(A) To promote inclusive growth worldwide(B) To make earth a better abode for future generations(C) To protect human rights(D) To protect the world from the dangers of any nuclear war(E) None of these7. As per the new guidelines issued by SEBI, companies are required to list shares within howmany days of the closure of the Initial Public Offers (IPOs) ?(A) 30 days(B) 25 days(C) 20 days(D) 12 days(E) None of these8. The Workers under the National Rural Employment Guarantee Act are encouraged to take theirwages through bank and post office accounts. This step of the Govt. is to obtain which of thefollowing goal(s)?1. Promote Banks business.2. To minimise corrupt practices.3. To encourage more and more people to join NREGA.(A) Only 1(B) Only 2 and 3(C) Only 2(D) All 1, 2 and 3(E) Only 2 and 19. Which of the following Rates/Ratios is not covered under the Monetary and Credit Policy of theRBI?(A) Bank Rate(B) Repo Rate(C) Cash Reserve Ratio(D) Reverse Repo Rate(E) Exchange Rate of Foreign Currencies

10. Which of the following ministries has launched Integrated Wastelands DevelopmentProgramme (IWDP)?(A) Ministry of Rural Development(B) Ministry of Agriculture(C) Ministry of Chemical and Fertilizers(D) Ministry of Health and Family Welfare(E) None of these11. Which of the following is/are the specific goal(s) of Bharat Nirman Project launched by theGovt. of India ?


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1. To provide more and more employment opportunities to rural youth.2. To Develop infrastructure in rural areas.3. To provide best technical education to Indian Youth.(A) Only 1(B) Only 1 and 2(C) Only 2 and 3(D) Only 2(E) All 1, 2 and 312. As we know Govt. of India has launched specific programmes to protect people fromcontaminated drinking water. Normally the ground water available in most of the rural areas,contains which of the following chemicals /minerals which makes it unsafe for drinking ?1. Arsenic2. Fluoride3. Oxygen(A) Only 1(B) Only 2(C) Only 1 and 2(D) Only 2 and 3(E) All 1, 2 and 313. Which of the following is the goal of the Indira Aawas Yojana of the Govt. of India?1. To provide dwelling units to people living Below Poverty Line (BPL).2. To make metro cities slum free.3. To provide housing facilities to the Central Govt. Employees.(A) Only 1(B) Only 2(C) Only 2 and 3(D) All 1, 2 and 3(E) None of these14. As per the reports in various newspapers the Tea Board will take up rehabilitation of about10000 hectares of tea plantation in Himachal Pradesh. Which of the following is the main area ofthe state where tea is grown prominently?(A) Kangra(B) Shimla(C) Bilaspur(D) Mandi(E) None of these15. Who amongst the following is the author of the book Solo which got Commonwealth WritersPrize 2010?(A) Shobha De(B) Chetan Bhagat(C) Anita Desai(D) Rana Dasgupta(E) None of these16. As per the reports published in various newspapers Karnataka Govt. has raised someobjection on the Hogenakkal Drinking Water Project. The project is being implemented by whichof the following states?(A) Kerala

(B) Andhra Pradesh(C) Orissa(D) Maharashtra(E) Tamil Nadu17. As per newspaper reports Iran recently organized a Trilateral Meet to discuss its Nucle arPolicy. Who were the two other members at the meet ?(A) Turkey & USA(B) Brazil & Russia(C) UAE & Turkey


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(D) USA & Britain(E) Brazil & Turkey18. The Wall Street Reforms Bill was in news recently. The bill will initiate Financial reforms inwhich of the following countries?(A) USA(B) France(C) Australia(D) Brazil(E) None of these19. Which of the following is the body/agency set up by the Govt. of India to increase the flow offoreign investment in the country ?(A) FIPB(B) FEMA(C) NSDL(D) FCCB(E) None of these20. The World No Tobacco Day is observed on which of the following days ?(A) 13th May(B) 31st May(C) 13th June(D) 30th June(E) None of theseANSWERS: 1.C 2.D 3.C 4.B 5.E 6.C 7.D 8.B 9.E 10.A 11.D

12.C 13.A 14.A 15.D 16.E 17.A 18.A 19.A 20.B

CWE CLERK GK SERIES - 10

1. Which one of the following is the target fixed for maintaining fiscal deficit in the Union Budgetof India?(A) 46 per cent of total budget(B) 46 per cent of GDP(C) 36 per cent of total budget(D) 36 per cent of GDP(E) None of these2. FIMMDA stands for(A) Foreign Investment Markets & Derivatives Market Association(B) Fixed Income Money Markets and Derivatives Association(C) Fixed Income and Money Market Development Association(D) Floating Income and Money Markets Derivative Assets(E) None of these3. On which one of the following issues, a group of top business leaders and other eminentcitizens have expressed their concern to the Govt. of India ?(A) Corporate Governance(B) Fiscal deficit(C) Inflation(D) Governance deficit(E) None of these4. Nobel Laureate Muhammed Yunus belongs to which one of the following countries?


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(A) Sri Lanka(B) Pakistan(C) Maldives(D) Bangladesh(E) None of these5. Who is the author of the book Darkness At Noon ?(A) V. S. Naipaul(B) Chetan Bhagat(C) Arthur Koestler(D) Vikram Seth(E) None of these6. Which of the following terms is not used in banking ?(A) Debit Card(B) Credit Card(C) Kisan Card(D) ELISA Test(E) None of these7. Which of the following is the reason, owing to which Government charges export duty on someexport items?(A) It is to get benefit of high international prices(B) To improve the tax collection targets(C) It is as per international practices(D) To ensure the smooth availability of the items in India(E) None of these8. Pipavav Port is located in which of the following States ?(A) Odisha(B) Andhra Pradesh(C) Tamil Nadu(D) Gujarat(E) West Bengal9. Which of the following is/are the objective(s) of our monetary policy ?1. Anchor inflation expectations2. Actively manage liquidity3. Maintain interest rate regime consistent with price output and financial stability(A) Only 1(B) All 1, 2 and 3(C) Both 1 and 3(D) Only 2(E) None of these10. For which of the following purposes, RBI has constituted a Working Group with Shri DeepakMohanty as Chairman?(A) Deregulation of primary markets(B) Deregulation of secondary markets(C) Deregulation of Savings Bank Rates(D) Introduction of Base Rate(E) None of these11. Who is Kapil Sibal?

(A) Coal Minister of India(B) Civil Aviation Minister of India(C) Telecom Minister of India(D) Economic Advisor to Prime Minister of India(E) None of these12. Which of the following will set up core banking infrastructure for rural banks ?(A) SIDBI(B) IBA(C) RBI


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(D) SBI(E) NABARD13. Colonel Muammar al Gaddafi is associated with which one of the following countries ?(A) Libya(B) Beharin(C) Yemen(D) Tunisia(E) None of these14. What is Gross Domestic Product?(A) It is the cost of production of all final goods and services made in the country(B) It is the cost of services made within the borders of a country in a year(C) It is the market value of all final goods and services made in the country(D) It is the market value of all final goods and services made within the borders of a country in a year(E) None of these15. In which one of the following States, Indias first Islamic Bank is proposed to be set up ?(A) Kerala(B) Tamil Nadu(C) Odisha(D) Bihar(E) None of these16. In which one of the following States, Niyamgiri Bauxite Mining Project is proposed to be set?(A) Odisha(B) Jharkhand(C) West Bengal(D) Bihar(E) Chhattisgarh17. Which of the following terms is not used in Economics?(A) Demand and Supply(B) Ad Valoram Tax(C) Break even(D) HIV positive(E) Cost benefit analysis18. For which one of the following reasons Finance Minister denied entry of NRI funds for infra

bonds?(A) It will bring in more liquidity in the country(B) NRIs can withdraw their funds any time(C) It will bring interest burden on the country(D) It could lead to losses at the time of redemption because of fluctuations in the Indian Currency(E) None of these

ANSWERS: 1.B 2.B 3.C 4.D 5.C 6.D 7.D 8.D 9.C 10.D 11.C12.E 13.A 14.D 15.A 16.A 17.D 18.B

CWE CLERK GK SERIES - 111. The largest bank in India is..........?1) ICICI bank2) Syndicate Bank3) Union bank of India4) Bank of India5) State Bank of India2. State bank of India head office is in..........?1) New Delhi


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2) Kolkata3) Chennai4) Mumbai5) Hyderabad3. Mumbai has the head offices of many Financial Institutes. Which of the following bank/ institute/PSU do not have the head office in Mumbai?1) SEBI2) RBI3) Bank of Baroda4) Bank of India5) IDBI4. Bank of Baroda, Andhra Bank and L&G(U.K) established 'M/S India Invest'. M/S India Invest isa..........?1) Real Estate Company2) Insurance Company3) Foreign Exchange Office4) Stock Exchange5) Savings Plan5. Insurance Company 'Met Life' has headquarters in..........?1) Canada2) Japan3) England4) U.S.A5) Australia6. Australia based IAG (Insurance Australia Group) and .......... had tie up to do General Insurancebusiness?1) SBI2) LIC3) UTI4) Reliance Industries5) Rcom7. SBI is the largest public sector bank. Which is the second largest public sector bank crossedhaving of 5,000 branches?1) Bank of India2) Bank of Baroda3) ICICI 4) Punjab National Bank5) Union Bank of India8. Punjab National Bank and .......... had tie up together to have Core Banking Solutions (CBS)linking of its Regional Rural Banks (RRB)?1) NABARD2) SBI3) IDBI4) UTI5) SBI DHFI9. NABARD (National Bank for Agriculture and Rural Development) established JLG to extract theproductive capability from rural population?1) Junior Link Group

2) Join Life Group3) Joint Line Gauge4) Joint Liability Group5) None10. Joint Liability Groups replicate the..........?1) Sole Help Group2) Sole Help Grain3) Stone Help Group4) Second Help Group


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5) Self Help Group11. Self Help Groups will be provided with 7 % rate of interest on par with .......... as decided bycentral government recently?1) Vehicle Loan2) Business Loan3) Home Loan4) Agriculture Loan5) All of above12. Agriculture Loans are called Regulated Loans. Which Deposit is Regulated Deposit other thanNRI account?1) Savings Account2) Fixed Deposit3) Current Account4) Recurring Account5) Joint Account13. Savings Deposits cannot be opened/operated by..........?1) Public Sector Banks2) Co-operative Banks3) Foreign Banks4) Non-Banking Finance Companies5) Private Sector Banks14. Non-Banking Companies list given. Pick up wrong one?1) Sri Ram Finance2) Mutthoot Finance3) Manappuram Finance4) ICICI Bank5) Margadarsi Finance15. ICICI is the ..........private bank in India?1) Second largest2) Third largest3) Sixth largest4) Largest5) Tenth largest

WERS: 1)5 2)4 3)3 4)2 5)4 6)1 7)4 8)1 9)4 10)5 11)412)1 13)4 14)4 15)4

CWE CLERK GK SERIES - 12BI commercial & International Bank Limited acquired by ..?eserve Bank of Indianistry of Commerce

EBIate bank of Indiaone

BI ordered that more than what denomination the Demand Drafts should not be issued against Cash,particularly by RRBs?

s.1000.10,000.50,000.1,50,000ne


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C(Life Insurance Corporation of India) made a pact to issue Credit Cards with ?..DFCXIS Bankorporation BankICIdhra Bank

ecently EXIM Bank (Export and Import Bank of India) provided $ 20 million line of credit to..?witzerlandmbabwewazilandstralia

ew Zealand

arnataka State Highway improvement project got $ 315 million from ..?ian Development Bankorld BankF

FDDA

ost active segment of the money market in India is..?epo rateatutory Liquidity Ratioall money marketertificate of Deposits marketrm note market

ndicated loan means ..?e loan offered to BPL familiesan offered to one bank by different states in Indiaan taken by different borrowers from one bank in the single accountan given by the group of banks to single borrowerans ban by RBI

dia signed to get Rs. 1600 cr from German Bank to finance world biggest solar power plants in Dhule districtof

dhra Pradesharnatakaysoreaharashtraoa

200 million will be given to power distribution in Madhya Pradesh by .orld Bankian development Bank

FDernational Monetary FundC

648 million to be provided by world bank to construct 444 MW hydro power project in..tarakhandtar Pradeshsam

oa


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ajasthan

IBOR (London Inter bank Offered Rate) being published by..SEomson Reutersashington Postew York Times

ndon University

ill Kharif 2010, how many farmers covered under National Agriculture Insurance Scheme ...25 crore.65 crore.4 crore

6 crore.14 crore

Center for Monitoring Indian Economy estimated 2011-12 fiscal year growth will bepercent?211.55

Rastriya Arogya Nidhi available to..to get medical assistance.e inhabitants of poor statese inhabitants of North eastern states

PL familiesGNREGA domestic workers onlyone

Dal Bhat Scheme provides a meal for Rs.5 to poor. This is the scheme of..?harmilnaduunachal Pradesharkhandsam

Which state has idea of bringing the federations of Self Help Groups (SHG)?arnatakaaharastradhra Pradeshmilnadutar Pradesh

he chairman of Parliamentary standing committee on Law and Justice?urali Manohar JoshiC.ChakoK.Advanishwanth Sinha

bhisheik Manu Singhvi

On 21 July 2011, for the defense pensioners which scheme launched?dhavidha

ugam


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aralangam

nternational Atomic Energy Agency was invited by India to visit .. Nuclear plant recently?psarauva

alpakam

itapurone

Kaveri Engine to be used in light combat aircraft ( LAC). This engine to be developed with the aid of..?anceSAKermanypanWERS: 1)4 2)3 3)2 4)3 5)1 6)3 7)4 8)4 9)2 10)1 11)2

12)5 13)3 14)3 15)4 16)3 17)5 18)5 19)4 20)1

CWE CLERK GK SERIES - 13hich period is called the Banking Swadeshi period when many Indians established many Banks?70-194010-194706-191147-199142-1947e Banks established in Swadeshi period are ?

ank of Indiaorporation bankdian Bankank of Baroda

of the abovewhich part of India, many Banks are established, which is called the Cradle of Indian Banking System?

orthern Assamouthern Tamilnaduastern Rajasthanouthern Karnatakaestern Maharastrae most Banks in India failed between Not less than 100 Banks failed due to variousreasons?23-192853-195823-194803-192813-1918hich party issued a paper by name Stray thoughts on Bank Nationalization signaling the Nationalization of

Banks in India?ommunist Party of Indianatha Party

ongress Partyepublican Party


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ational Conferenceanking Companies (Acquisition and Transfer of Undertaking) Bill passed in paving way to the

Nationalization of Banks in India?7469758161ho said the Nationalization of Banks is the Masterstroke of Political Sagacity?dira Gandhiaj Narayanyaprakash Narayanwahar Lal Nehrual Bihari Vajpayee

ow many Banks were Nationalized in 1969?

hich Bank was not Nationalized in 1969?ahabad Bank

ank of Barodaate Bank of India

ank of Indiaank of Maharastra

ow many Banks were Nationalized as a second dose in 1980?

Bad debts mean ?mounts owed to a company that are going to be paidmounts owed to a company that are not going to be paidmounts owed to a company that are going to be paid within 2 yearsmounts owed to a company that are not going to be paid within 8 yearsoneGST council (Goods and Services Taxes Council) in the Constitution 115

thAmendment Bill headed by

to make recommendations the taxes to be levied, goods to be exempted, GST rate etc?me Minister

nance Ministerommerce Ministerevenue Ministernance Secretaryhe current limit of External borrowings is $ 20 billion. This Current limit is now raised to $ billion?

is not the provision of the National Land Acquisition and Rehabilitation & Resettlement Bill?the given area, least 80% of the population must agree to acquisition of land by the government.nd owners to be compensated with twice the registered or stamp value of the land in urban areas and six times in

rural areas.ngle law has the provisions of Acquisition of land and rehabilitation


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e government can appoint middle man to have talks with the local population to decrease the compensationompensation reflects the market ratesFood Security Bill proposed by National Advisory Council (NAC) proposes 90% ration in Rural Areas and

% ration in Urban Areas. (National Advisory Council headed by Sonia Gandhi)

0

AWERS: 1)3 2)5 3)4 4)5 5)3 6)2 7)3 8)3 9)3 10)3 11)212)2 13)5 14)4 15)1

WE CLERK GK SERIES - 14ho among the following is not the present Deputy Governor of Reserve Bank of India?C.Chakravarthybhir GokarnMalegamand SinhaR.khan

n 3 August 2011, .. panel submitted its report to Reserve Bank of India on customer service in banksangarajanalegambba RaoR.Khan

amodaranfirmly tell many rules and regulations relating to Non-Performing Assets?anking Regulation Act 1949reign Exchange Management Act 1999

EBI Act 1992dian Contract Act 1872egotiable instrument act 1881

n 30 June 2011 liberalized FDI norms by allowing the Indian companies to pay in the form of Equity

in to the foreign suppliers instead of payment in the form of foreign exchange?EBInistry of Financenistry of Commerce

DABItied up with Met Life to enterin to insurance business recently?dhra Bank

nion Bank of Indiaorporation bankahabad Banknjab National Bank

started, the saga of Liberalization of banks as a prime minister?dira Gandhiehrul Bahadur SastriV.Narasimha Raoal Bihari Vajpayeehich committee suggested the banking reforms?aliaeepak Mohanty


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arasimhamamala Gopinath

opariae decade 1990-2000 is the era of Techsavvy private banks. Which are established during this period?obal Trust Bank

TI bankICIDFC

of aboveobal Trust Bank was merged with ..?

DFCiental Bank of Commerceate Bank of Indiandicate BankBI

was merged with HDFC bank?ank of Rajasthanobal Trust Bank

enturion Bankank of Bombayperial Bank of India

has offered to India a loan of Rs.6,800 crore for building 24,000 km of all weather roads in the ruralseven economically poor and hilly areas States

FCorld BankA

DBndias first indigenous payment gateway is ?dia Expendituredia Paymentdia Challandia Paydia Rupeeopened a Lockless branch at Shani Shingnapur (Maharastra) respecting the local customs?ate Bank of India

ank of Maharastranion Bank of IndiaICICO bankand Life Insurance Corporation of India (LIC) tie up to launch Credit Card services to the customers

and employees of LIC?is BankICIate Bank of IndiaDFCotak Mahendra Bank

ehri Hydro Development Corporation got $ 648 million from ?FA

DBFDRDWERS: 1)3 2)5 3)1 4)5 5)5 6)4 7)3 8)5 9)2 10)3 11)3

12)4 13)5 14)1 15)5


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WE CLERK GK SERIES - 15hat is financial inclusion?o provide a permanent employment to the unemployedo provide a 100 days job to all those who are in need of a jobo provide banking services to all those living in remote areaso ensure that all financial transactions amounting Rs. 5,000/- and above are done through banks.o provide finances for all.ecently the term 3G was very much in news and even a conference on it was organized in India. What is the

letter 'G' denotes in 3G?raderouplobaluildeneration

ome major banks and financial institutions in various Western countries were to wind up their business and/or declare themselves in financial problems during last few years. This trend is technically knownas _

evaluationeformationolitical backdroplobalisationporters in India get insurance cover and risk cover from which of the following organizations?IOBIABARDCGCBIone of thesehich of the following places in India does not have a Stock Exchange ?olkatahmedabadumbaielhidaipurndian Banking industry had demonstrated its resilience to external shocks in 2008-09, the credit goes to --olicies of the RBI & the Govt. of Indiaoreign aid/investments to Indian companiesnly (A)nly (B)nly (C). A. K. Antony a Union Minister in the Indian Cabinet recently signed an agreement with South Korea. This

means the agreement is for the Cooperation in the field of--gricultureural Developmentefenceteel & Ironone of thesehich of the following is the name of a private sector Bank in India?DBI Bankxis Bankorporation BankCO Bankl are Private Banks

ho amongst the following was never a Governor of the RBI?


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mal Jalan. V. Reddyrup Roy Choudhury. Rangarajan. Subbaraohich of the following is an economic term?aintiffunker Blastereflationampoonero HourWERS: (1) 3 (2) 5 (3) 3 (4) 5 (5) 5 (6) 1 (7) 3 (8) 2 (9)3 (10) 3

CWE PO SPECIAL GK-I1) In the Union Budget 2011-12, Finance Minister Pranab Mukherjee proposed to increase theIncome Tax Exemption Limit for individual tax payers from Rs 1 lakh 60 thousand to _?a.1 lakh 80 thousandb.1 lakh 90 thousandc. 2 lakhd.2 lakh 20 thousand

2) A team from Dalhousie University in Halifax, Canada, discovered that a green alga invades tinydeveloping salamander embryos. What is this phenomenon called?a)Symbiosisb)Photosynthesisc) Ecdysisd) Aestivation3) Which of the following Bollywood Actress won the Best Actress trophy at the 13th LondonAsian Film Festival for her performance in Onirs I AM?a.Nandita Dasb.Juhi Chawla

c.Tabud.Konkona Sen Sharma

4) Noted Social worker Anna Hazare on 5 April 2011 started his hunger strike at Jantar Mantar inNew Delhi to protest against the reported delay in bringing in which of the following bills toeffectively deal with corruption?a. Lokpal Billb. The Competition (Amendment) Billc. The Airports Economic Regulatory Authority of India Billd. The Appropriation (No.3 ) Bill

5) Who won the National Jute Board-Kolkata international squash at Calcutta Racket Club on 3April 2011 after defeating Omar Mosaad?

a.Karim Darwishb.Khawaja Adil Maqboolc. Ritwik Bhattacharyad. Peter Nicol

6) Read the following statements:1.He won the ATP Miami Masters crown by defeating Nadal and thus remained unbeaten in 2011.2.He captured all four titles- the Australian Open, Dubai, elite Masters titles at Indian Wells and Miami in2011.3.He had won his first Miami Masters title in 2007.


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4.He joined Roger Federer, Andre Agassi and Pete Sampras as the only players to win the AustralianOpen, Indian Wells and Miami in the same year.Identify the tennis player being referred to.a.Novak Djokovicb.Roger Federerc. Andy Murrayd.Rafael Nadal

7) At the National Conference on Kharif Strategies, Agriculture Minister Sharad Pawar on 6 April2011 mentioned that India has achieved an all-time high production of foodgrains. What was theestimation regarding foodgain production in 2010-11?a.235.88 million tonnesb.215 million tonnesc. 261.34 million tonnesd. 222.66 million tonnes

8) Which of the following steel plants in India achieved record production of 5.71 million tonnes(mt) of hot metal (a 6.3 per cent growth over 2009-10), 5.33 mt of crude steel (4.3 per cent) and 4.57mt of saleable steel (4.3 per cent)?a.Bhillai Steel Plantb.Rourkela Steel Plant

c. Bokaro Steel Plantd.Salem Steel Plant9) The Department of Information Technology (DIT) on 5 April 2011 published a draft policy onwhich of the following to enable the government departments to provide services, includingpayment of utility bills and filing of tax with the use of a medium?a.Mobile governanceb.E-governancec. Service Delivery Gatewayd.Applications Inter-operability

10) Which of the following was not proposed in the Union Budget 2011-12 presented by pranabMukherjee?1.Special vehicles were proposed to be created in the form of Infrastructure Debt Funds to attract foreign

funds.2.Rs. 300 crore expenditure was proposed to promote horticulture centres in rain fed areas for increasingcrop productivity.3.For the manufacturing sector, the budget proposed reduction of basic customs duty on raw silk from 30to 5 per cent.4.Concessional 10 per cent Excise Duty was also proposed for fuel cell or Hydrogen cell-technology-based vehicles.

a.1 & 3b.Only 2c.Only 4d.3 & 4

11) Sectors Budgetary Allocations1.Agriculture & Allied Activities A. Rs 14362 crore2.Rural Development B. Rs 38852 crore3.Defence Sector C. Rs 55438 crore4.Industries & Minerals D. Rs 164415 crore

A B C Da.1 4 2 3b.2 1 3 4c. 3 1 4 2d.4 2 3 1


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12) In the Budget it was proposed to provide sum of money for implementation of vegetableinitiative to set in motion a virtuous cycle of higher production and incomes for the farmers. Whatwas the proposed amount?a.Rs 500 croreb.Rs 300 crorec. Rs 10000 crored. Rs 650 crore

13) According to an extensive genetic study on modern humans, two conclusions were drawn out.i) There is an enormous amount of diversity in the African hunter-gatherer populations.ii) The genetic diversity among 27 present-day African populations originated in southern Africa andprogressed to northern Africa.Which of the above statements is/are correct?a) Both i and iib) Neither I and iic) Only id) Only ii

14) A massive Tsunami caused by a devastating earthquake of the 8.9 magnitude hit about 400 km

north-east of Tokyo, capital of Japan. Consider the following statements regarding Tsunami.i) A Tsunami is a series of ocean waves that sends surges of water, reaching heights of over 100 feetonto land.ii) Most tsunamis, about 80 percent, happen within the Pacific Ocean s Ring of Fire, a geologically activearea where tectonic shifts make earthquakes and volcanoes common.Which of the above statements is/are correct?a) Both i and iib) Only ic) Only iid) Neither i nor ii

15) Which one of the following Indian states recently released a Braille version of the RTI (Right toInformation) Act and its rules for the benefit of visually challenged?

a) Gujaratb) Biharc) Haryanad) Madhya Pradesh

16)Engineering and construction major L&T announced that it has achieved financial closure forwhich of the following with the help of 10-bank consortium led by SBI pitching in with Rs 11478crore debt?a.Kolkata Metro Rail Projectb.Pune Metro Projectc.Delhi Metro projectd.Hyderabad Metro Rail project

17) Indian cricket captain Mahendra Singh Dhoni was offered and accepted the honour of beingchosen to get an honorary commission in which of the following?a.Indian Navyb.Territorial Armyc. Indian Air Forced. Indian Para-military Force

18) Which of the following real estate firms on 5 April 2011 announced a gift in the shape of villasworth Rs. 9 crore to skipper M.S. Dhoni and his teammates following their victory in the WorldCup 2011?


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a.DLFb.Amrapalic. Unitechd.Tata Construction & Projects Ltd

19) Roger Federer won his fourth Australian Open Tennis Championship and 16th Grand Slam on31 Jan 2010. Who did he defeat in the final of the Australian Open 2010?a. Rafael Nadalb. Andy Murrayc. Fred Perryd. Rod Laver20) Rashtriya Swasthya Bima Yojana was proposed to be being extended to the beneficiaries ofwhich of the following Union Government schemes?a.Mahatma Gandhi NREGA beneficiariesb.Beneficiaries of Swavlamban pension schemec.Indira Gandhi National old Age Pension scheme beneficiariesd.Beneficiaries of Rajiv Gandhi Grameen Vidyutikaran Yojana

21) Which of the following companies announced their alliance with Chennai Super Kings as theofficial team partner for the upcoming IPL Season 4?

a. ONGCb. Indian Oil Corporationc. Hindusthan Petroleumd. Gulf Oil Corporation

22) Scientists have identified five genes which raise the risk of Alzheimer's disease. Consider thefollowing statements regarding Alzheimers disease.i)Alzheimers disease is the most common form of Dementia.ii) Problems that happen due to theAlzheimers are personality-disorder, decision making, abstractthinking and loss of initiative.Which of the above statements is/are correct?a) Only ib) Only ii

c) Both i and iid) Neither i nor ii

23) A giant predatory theropod dinosaur, similar in stature and size to Tyrannosaurus rex, hasbeen identified by palaeontologists. Which of the following statements is/are correct?i) The new dinosaur, named Zhuchengtyrannus magnus, probably stood four metres tall, was 11 metreslong and weighed around six tonnes.ii) Like T. rex, it was a carnivore with huge powerful jaws.iii) It ran on back legs, with small front limbs.a) Only i and iib) Only i and iiic) Only ii and iiid) All i, ii and iii are correct

24) Solvay, the Belgian soda ash maker which sold a drugs unit a year ago, agreed to buy whichof the following French companies to add specialty chemicals spanning ingredients formoisturisers and car-part polymers?a.Rhodiab.Daniscoc.Cognisd.Le Zbre

25) Gilead Sciences, a California based bio-pharmaceutical research firm, and its patent partner,


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Roche Holding AG, have sued which of the following Indian generic drug makers in March 2011for allegedly infringing a US patent for Tamiflu, a drug used in treatment of bird and swine-fluinfections?a.Dr Reddysb.Natco Pharmac. Ranbaxy Laboratoriesd. GlaxoSmithKline26) AT&T on Sunday announced that it had agreed to buy T-Mobile USA from which of thefollowing telecom companies for $39 billion?a.Deutsche Telekomb.Sprint Nextelc.Verizon Wirelessd.Comcast

27) What is the prize-money of the golf tournament Avantha Masters that began on 11 Feb 2010?a. 1.5 millionb. 1 millionc. 2.5 milliond. 2 million28) An international team of scientists, led by the Australian National University recently

discovered evidence that the bodys immune cells often share information about foreignsubstances with each other to ward of invaders. The study can help increase the immunity level inhuman body against pathogens and cancer. Which of the followings are the symptoms ofCancer?i) Weight Lossii) Excessive Sweatingiii) Lumps and Swelling (tumour)iv) Enlargement of SpleenPlease choose the correct option:a) i, ii, iii and ivb) i and ii onlyc) i, ii and iiid) only i

29) Which of the following companies in April 2011 filed a petition in the Supreme Court to blockpenal action initiated by the Income Tax authorities on its contested $2.5-billion tax bill?a. Vodafone Internationalb. Bharti Airtelc. Uninord. Tata Teleservices

30) Vivendi agreed to buy Vodafone Group's 44% stake in which of the French mobile-phoneoperators for euro 7.95 billion ($11.3 billion) to win full control of its largest unit and secure morestable earnings?a.T-Mobileb.Orange

c. Virgin Mobiled. SFR

31) A consortium comprising two companies acquired the IPLs global Internet, mobile and audiorights, along with television rights in specific territories outside India, for the next four years. Theconsortium bagged the rights with a winning bid of Rs 261.6 crore in Chennai on 20 March 2011.Which are the two companies included in the consortium?a. TIL & Nimbus Communicationb. Reliance Big Pictures & Zoomc. TIL & Colors


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d. Zoom and UTV Motion Pictures

32) Which chess player won his maiden Grand Master norm in the Chennai Open 2010International Grand Master chess tournament on 1 Feb 2010?a. R. Siddharth of Chennaib. Kravtsiv of Ukrainec. P. Shyam Nikhil of Tamil Nadud. Maxim Turov of Russia

33) Who was appointed member of ICC Cricket Committee as a representative of national coacheson 11 Feb 2010?a. Gary Kirstenb. Mark Taylorc. Kumar Sangakkarad. Tim May34) At the European Geosciences Union meeting in Vienna, the scientists calculated that the Earthsees about __ thunderstorms every hour.a) 670b) 580c) 760

d) 960

35) HCL Technologies on Thursday announced the expansion of its Smart Grid partner ecosystemby entering into strategic alliances with two data management software firms focused on thesmart grid market. Which are the two firms with which HCL has entered into an alliance?1. Infosys2. eMeter3. Cape Gemini4. Tridiuma. 1 & 2b. 2 & 3c. 2 & 4d. 1 & 4

36) The Gujarat Government banned controversial book, entitled Great Soul: Mahatma Gandhi andhis struggle with India. Who is the author of the book?a) Joseph Lelyveldb) Joseph Pontingc) Hugh Grantd) Vikram Seth

37) Which one of the following states imposed a blanket ban on plastic bags?a) Delhib) Haryanac) Himachal Pradeshd)Tamil Nadu

38) Who is the Chairperson of the Central Board Film Certification?a) Sharmila Tagoreb) Karan Joharc) Nafisa Alid) Om Purie) None of these

39) Ali Akbar Salehi is the foreign minister ofa) Israel


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b) Iranc) Afghanistand) Indonesia

40) Who is the new chief of Research and Analysis Wing (RAW)?a) AP Singhb) Arun Shouriec) Sanjeev Tripathid) BK Gupta

41) When is the National Youth Day observed?a) January 14b) February 14c) August 31d) January 12

42) What is Tejas?A) SpacecraftB) MissileC) Submarine

D) Light combat aircraft

43) Who became the world number one badminton player?a) Saina Nehwalb) Wang Xinc) Sania Mirzad) Wang Shixian

44) Name the cricketer who beat Michael Clarke by a comfortable 15-vote margin to bag the AllanBorder Medal besides being named Australias ODI Player of the Year in Feb 2010?a. Shane Watsonb. Simon Katichc. Mitchell Johnson

d. Sachin Tendulkar

45) In Indias first sale of rupee perpetual bonds by a non-finance company Rs 1500 crore ($332million) was raised. Name the non-finance company.a.Tata Steelb.Pantallons Retailc. RILd.Maruti Suzuki

46) With his victory in the mens large hill ski jump on 20 Feb 2010 at the Vancouver Olympics, hebecame the first person to win four individual gold ski jumping medals. Name this sportsperson.a. Simon Ammann (Switzerland)b. Ahonen Janne (Finland)

c. Alexander Nicholas (USA)d. Bardal Anders (Norway)

47) The Indian Government in April 2011 issued a notice to which of the following companies toterminate licences for Kerala, West Bengal and Assam for delay in roll- out of services in thesethree circles?a.Sistema Shyam Teleservicesb.Tata Teleservicesc. Relianced. BSNL


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48) Open market operations, one of the measures taken by RBI in order to control creditexpansion in the economy means (A) Sale or purchase of Govt. securities(B) Issuance of different types of bonds(C) Auction of gold(D) To make available direct finance to borrowers(E) None of these

49) Capital Market Regulator is(A) RBI(B) IRDA(C) NSE(D) BSE(E) SEBI

50) As we all know Govt. of India collects tax revenue on various activities in the country. Whichof the following is a part of the tax revenue of the Govt.?(i) Tax on Income(ii) Tax on Expenditure

(iii) Tax on Property or Capital Asset(iv) Tax on Goods and Services

(A) Both (i) and (iii) only(B) Both (ii) and (iv) only(C) All (i), (ii), (iii) and (iv)(D) Only (ii), (iii) and (iv)(E) None of these

ANSWERS:1) A 2) A 3) B 4) A 5) A 6) A 7) A 8) A 9) A 10) B 11) A 12) B 13) A 14) A 15) A 16) D 17) B 18) B 19) B20) A 21) D 22) C 23) D 24) A 25) B 26) A 27) A 28) A 29) A 30) D 31) A 32) A 33) A34) C 35) C 36) A37) A 38) A 39) B 40) C 41) D 42) D 43) B 44) A 45) A 46) A 47) A 48) A 49) E 50) C

CWE SPECIAL GK-II1)This agency issued guidelines on distance marketing of products on 6 April 2011 to protect theinterest of people who buy policies over phone or Internet. Identify the agency.a. SEBIb. IRDAc. TRAId. DoT2) In Indias first sale of rupee perpetual bonds by a non-finance company Rs 1500 crore ($332million) was raised. Name the non-finance company.

a. Tata Steelb. Pantallons Retailc. RILd. Maruti Suzuki3) Which of the following Indian cricket players took the highest number of wickets in the recentlyconcluded ICC World Cup 2011 along with Pakistans Shahid Afridi?a. Yuvraj Singhb. Zaheer Khanc. Munaf Patel


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d. Harbhajan Singh4) Union Sports Ministry on 6 April 2011 formed a committee to fine-tune the draft National SportsDevelopment Bill. Who is heading the committee?a. Justice Mukul Mudgalb. Justice Tej Pratap Singh Mannc. Justice Gurdev Singhd. Justice Jaswant Singh Phogat5) Name the cricketer who beat Michael Clarke by a comfortable 15-vote margin to bag the AllanBorder Medal besides being named Australias ODI Player ofthe Year in Feb 2010?a. Shane Watsonb. Simon Katichc. Mitchell Johnsond. Sachin Tendulkar6) Record food grain production helped to reduce food inflation to a four month low for the weekending 26 March 2011. What was the inflation percentage for the week?a. 9.18%b. 9.25%c. 9.21%d. 9.36%7) Praveen Kumar Tripathi took over as the Chief Secretary of which of the following governments

on 4 April 2011?a. Delhi Governmentb. Haryana Governmentc. Uttar Pradesh Governmentd. Uttarakhand Government8) The Union Government gifted a Kendriya Vidyalaya to a nondescript village Indrapura to whichof the following Indian states?a. Biharb. Odishac. Rajasthand. Madhya Pradesh9) The Supreme Court on 5 April 2011 passed an order to lift iron export ban imposed by which ofthe following Indian states on 26 July 2010 and also ordered it to implement the new rules for

regulating iron ore mining and transportation?a. Tamil Nadub. Andhra Pradeshc. Karnatakad. Odisha10) To enhance credit worthiness of economically weaker sections and LIG households, aMortgage Risk Guarantee Fund was announced to be created under which of the followingscheme or Yojana?a. Rajiv Awas Yojanab. Rajiv Gandhi Grameen Vidyutikaran Yojanac. Indira Awas Yojanad. Mahatama Gandhi NREGA11) Which agency issued guidelines on distance marketing of products on 6 April 2011 to protect

the interest of people who buy policies over phone or Internet?a. SEBIb. IRDAc. TRAId. DoT12) Buyer's Credit was launched by the Commerce and Industry Minister, Anand Sharma, on 6April 2011 to boost project exports from India. Under which of the following was Buyers Creditlaunched?a. National Export Insurance Accountb. Export-Import Bank of India


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c. Export Credit Guarantee Corporation of Indiad. Reserve Bank of India13) Read the two statements mentioned with regard to the budgetary allocations for addressingenvironmental concerns.1. The budget proposed that the solar lantern used in far-flung villages will attract no duty from 10 percent charged earlier.2. To provide green and clean transportation for the masses, National Mission for Hybrid and ElectricVehicles will be launched in the year 2011 in collaboration with all stakeholders. Which of them is true?a. Only 1b. Only 2c. Both 1 & 2d. None of the above14) 21 year old Marjan Kalhor is the first Iranian woman to have entered an Olympic event. She is aparticipant in the 2010 Winter Olympics that began in Vancouver on 12 Feb 2010. Which sport isshe associated with?a. Skib. Shot putc. Cyclingd. Bobsleigh15) With his victory in the mens large hill ski jump on 20 Feb 2010 at the Vancouver Olympics, he

became the first person to win four individual gold ski jumping medals. Name this sportsperson.a. Simon Ammann (Switzerland)b. Ahonen Janne (Finland)c. Alexander Nicholas (USA)d. Bardal Anders (Norway)16) The Indian Government in April 2011 issued a notice to which of the following companies toterminate licences for Kerala, West Bengal and Assam for delay in roll- out of services in thesethree circles?a. Sistema Shyam Teleservicesb. Tata Teleservicesc. Relianced. BSNL17) Which Italian luxury sports car makers on 6 April 2011 announced its entry into the Indian

market where it will sell its high-performance cars priced between Rs1.20 crore and Rs1.43 crore?a. Maseratib. Bentleyc. Aston Martind. Maybach18) Who did HDFC Bank, the country's second-largest private sector lender appoint in March 2011to head its investment banking division?a. Rakesh Singhb. Charul Madanc. Gaurav Khungard. Atul Singh19) Gangaur, a festival which marks the

current affairs nov'11

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