Bank of India Probationary Officers Exam.

, 2010
(Held on 31-10-2010)

General Awareness :Solved Paper Test-III

1. The Business Correspondence Model being adopted by the banks provides Banking facilities to which of the following ? (A) Only Corporate borrowers (B) Only Weaker sections the society and people of small villages (C) Only those who are taking housing loans (D) All (A), (B) and (C) above (E) None of these Ans : (B) 2. The concept of Carbon Credit is associated with which of the following areas ? (A) Protection of environment (B) Women empowerment (C) Development of rural infrastructure (D) Development of coal mines (E) None of these Ans : (A) 3. As we all know Government is paying much attention to improve Public Distribution System (PDS) in our country. Which of the following have been the achievements of the PDS uptill now, owing to which Government wants to further improve it ? [Pick up correct statement(s).] 1. After implementing PDS in India, no famine was reported. PDS was always there to give people at least the bare minimum to survive. 2. A drought of 1987 was worst in this century but PDS played a vital role in overcoming the drought. 3. Now PDS is feeding the poorest of the poor in this country. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 are correct (E) None of these Ans : (B) 4. Global Micro Credit Summit-2011 will be organized in which of the following countries ? (A) Britain (B) South Africa (C) Spain (D) Italy (E) None of these Ans : (C) 5. Many times we read about SHGs in financial newspapers. What is the full form of the term ? (A) Small Help Groups

(B) Self Help Groups (C) Small Hope in Growths (D) Self Hope Groups (E) None of these Ans : (B) 6. Whenever newspapers talk about the performance of core industries, which of the following is not considered among them ? (A) Petroleum (B) Automobile (C) Mining (D) Steel (E) Cement Ans : (B) 7. Which of the following agencies/organizations in India maintains the Micro Finance Development and Equity Fund which was in news recently ? (A) Confederation of Industries in India (CII) (B) Indian Banks Association (IBA) (C) Small Industries Development Bank of India (SIDBI) (D) Reserve Bank of India (RBI) (E) National Bank for Agriculture and Rural Development (NABARD) Ans : (D) 8. As per recent newspaper reports UK based Cairn Energy is in the process of selling its stake to which one of the following companies of Indian base ? (A) ONGC Videsh (B) Hindustan Petroleum Corporation Ltd. (C) Vedanta Resources (D) Posco India (E) None of these Ans : (C) 9. Which of the following bills presented in the Parliament will bring some changes in existing tax regime ? (A) Direct Taxes Code (DTC) Bill (B) Foreign Exchange Management Regulatory Bill (C) Companies Act Bill (D) Salaries and Perks for MPs Bill (E) Finance Bill 2010-11 Ans : (A) 10. Under Indira Gandhi National Old Age Pension Scheme (IGNOAPS), the benefits are available to the people having minimum age of . (A) 50 years (B) 55 years (C) 65 years (D) 60 years (E) 70 years Ans : (C)

1. How many schedules the Constitution of India contains ? (A) 9 (B) 10 (C) 11 (D) 12 Ans : (D) 2. The Constitution of India was adopted in (A) 26 January, 1950 (B) 26 January, 1949 (C) 26 November, 1949 (D) 31 December, 1949 Ans : (C) 3. In a nuclear reactor, one of the following is used as a fuel (A) Coal (B) Uranium (C) Radium (D) Diesel Ans : (B) 4. The first muslim ruler to introduce the system of price control was (A) Balban (B) Jalaluddin Khalji (C) Muhammad-bin-Tughlaq (D) Alauddin Khalji Ans : (D) 5. Tansen, a great musician, was in the court of (A) Akbar (B) Bahadur Shah (C) Rana Kumbha (D) Krishna Deva Rai Ans : (A) 6. Who among the following attended all the three Round Table Conferences ? (A) Jawaharlal Nehru (B) Dr. B. R. Ambedkar (C) Vallabh Bhai Patel (D) Dr. Rajendra Prasad Ans : (B) 7. Where is National Sugar Institute established? (A) Kanpur (B) New Delhi (C) Lucknow (D) Gajrola

Ans : (A) 8. A national leader, whose birthday is observed as the National Education Day on November 11, is (A) J. B. Kriplani (B) Rajiv Gandhi (C) Maulana Abul Kalam Azad (D) Sarojini Naidu Ans : (C) 9. The Nagarjuna Sagar Project is constructed on the river (A) Kaveri (B) Krishna (C) Godavari (D) Indus Ans : (B) 10. The Bermuada Triangle lies in (A) Western North Atlantic Ocean (B) Eastern South Atlantic Ocean (C) North Pacific Ocean (D) South Indian Ocean Ans : (A) 1. Jawaharlal Nehru National Solar Mission or Solar India has been launched to create an installed capacity of 2000 MW by the end of (A) 13th Plan (B) 14th Plan (C) 15th Plan (D) 16th Plan Ans : (A) 2. Bollywood actors who, on February 2, 2010 rang bells in NASDAQ on Time Square, New Yorkan honour usually reserved for CEOs of major corporations, are (A) Amir Khan and Priyanka Chopra (B) Shah Rukh Khan and Kajol (C) Abhishek Bachchan and Aswarya (D) Saif Ali Khan and Kareena Kapoor Ans : (B) 3. The term 16 yards hit is associated with (A) Badminton (B) Baseball (C) Polo (D) Hockey Ans : (D) 4. The vital constituent of blood that helps in clotting is (A) Platelets (B) Haemoglobin

(C) Plasma (D) Serum Ans : (A) 5. Which of the following animals can hear ultrasonic sound ? (A) Cat (B) Rat (C) Bat (D) Squirrel Ans : (C) 6. The acid rain destroys vegetations because it contains (A) Sulphuric acid (B) Ozone (C) Carbon monoxide (D) Nitric acid Ans : (A) 7. Man Booker Prize winner Ms. Kiran Desais novel, The Inheritance of Loss deals with (A) Telangana movement (B) Santhal movement (C) Gorkhaland movement (D) Bodoland movement Ans : (C) 8. GARC is the acronym for (A) Global Automotive Research Consortium (B) Global Atomic Research Consortium (C) Global Automotive Research Centre (D) Global Advancement Research Centre Ans : (C) 9. The largest fresh water lake, Lake Superior is located in (A) Canada (B) Russia (C) Tanzania (D) Argentina Ans : (A) 10. In which State of India is the largest river island Majuli ? (A) Assam (B) Kolkata (C) Orissa (D) M.P. Ans : (A)

1. The Rate on which Banks borrow from the RBI is called (A) SLR

(B) CRR (C) Interest Rate (D) Bank Rate (E) Repo Rate Ans : (D) 2. M. K. Narayan has taken over as the Governor of (A) Gujarat (B) Assam (C) Meghalaya (D) West Bengal (E) None of these Ans : (D) 3. Which of the following will be the venue of the India-ASEAN Summit to be held in 2012 ? (A) Tokyo (B) Jakarta (C) Beijing (D) New Delhi (E) None of these Ans : (D) 4. As we know the RBI is the apex Bank of India, similarly the apex Bank of USA is called (A) Federal Reserve (B) The Central Bank of USA (C) Bank of America (D) Central National Bank of USA (E) None of these Ans : (A) 5. As per the newspaper reports the Standards and Poors (S&P) has changed Indias sovereign rating from Negative to Stable. This means 1. Indias economic condition has improved a lot. 2. There is no pressure of inflation of the economy as it is well under control. 3. Indias economic condition has further gone down as it has failed to control the fiscal deficit. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 2 (E) None of these Ans : (C) 6. As per the Foreign Trade Policy (FTP) unveiled by the UPA Govt. in August 2009, India will try to capture new markets for its exports in Asia, Latin America, Africa and Oceania etc. Earlier amongst the following were Indias biggest export markets ? 1. USA 2. Europe 3. SAARC Nations (A) Only 1

(B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) None of these Ans : (A) 7. As per the recent reports published in various newspapers, the core infrastructure industries registered a 4.5% growth in the month of February 2010. This figure does not include the performance of which one of the following industries; as it is not a core industry ? (A) Coal (B) Power (C) Paper (D) Cement (E) All are core industries Ans : (C) 8. Who amongst the following has taken over as the new Chief of the Armed Forces ? (A) Pradeep V. Naik (B) V. K. Singh (C) Suresh Mehta (D) Deepak Kapoor (E) None of these Ans : (B) 9. As per the provisions made in the Union Budget 2010-11, Govt. will infuse Rs. 16,500 crores in banks to make their capital base strong. This money will be infused in which of the following types of banks ? (A) Gramin Banks (B) Cooperative Banks (C) National Housing Banks (D) Public Sector Banks (E) None of these Ans : (D) 10. Who amongst the following is the recipient of the Nobel Prize for Peace in 2009 ? (A) Herta Mulber (B) Barack Obama (C) Martli Ahtisaari (D) Paul Krugman (E) None of these Ans : (B) 1. The present Cash Reserve Ratio is (A) 5% (B) 55% (C) 6% (D) 65% (E) None of these Ans : (C)

2. One of the objectives of KYC (Know Your Customer) norms is (A) to give boost to bank deposits (B) to safeguard banks advances (C) to monitor transactions of suspicious nature (D) to help income tax authorities to collect income tax (E) None of these Ans : (C) 3. Contribution to Prime Minister's relief fund enjoys Income Tax benefit up to (A) 50% under section 80G (B) 75% under section 80G (C) 100% under section 80 G (D) 100% under section 88 (E) No exemption is available Ans : (C) 4. Which of the following activities are expected to be performed by the Business correspondents ? (A) Disbursal of small value credit (B) Collection of small value deposits (C) Sale of micro insurance /mutual fund products (D) All the three above (E) Only (B) and (C) above Ans : (E) 5. Tax at source by banks is deducted on interest paid on term deposits in the interest amount in a financial year exceeds (A) Rs. 3,000 (B) Rs. 5,000 (C) Rs. 10,000 (D) Rs. 15,000 (E) There is no such provision Ans : (B) 6. Securitisation and Reconstruction of Financial Assets and Enforcement of security Interest Act relates to (A) Sanction of loans (B) Enhancement of loan limits (C) Recovery of loans (D) All the above (E) None of above Ans : (C) 7. MSMED Act is applicable to (A) Smalls enterprises only (B) Medium enterprises only (C) Micro enterprises only (D) Micro, Small and Medium enterprises (E) All enterprises irrespective of their size engaged in manufacturing activity Ans : (D)

8. Money Laundering refers to (A) Conversion of assets into cash (B) Conversion of Money which is illegally obtained (C) Conversion of cash into gold (D) Conversion of gold into cash (E) None of the above Ans : (B) 9. The Monetary and Credit Policy is reviewed by the RBI after a gap of (A) one year (B) one month (C) two years (D) five years (E) None of these Ans : (E) 10. PPF account is opened for a period of (A) 5 years (B) 10 years (C) 15 years (D) 20 years (E) None of these Ans : (C) 1. Mr. Mukul A. Sangma has taken over as the (A) Chief Minister of Manipur (B) Chief Minister of Meghalaya (C) Governor of Meghalaya (D) Governor of Tripura (E) None of these Ans : (B) 2. As per the reports published in various newspapers Core Sector Industries recorded a 72 per cent growth in March 2010. The growth of which of the following industries will not be considered in these figures ? (A) Coal (B) Steel (C) Cement (D) Power (E) Banking Ans : (E) 3. How much amount was earmarked in the Union Budget 2010-11 for infusion in the capital of the public sector banks during the year ? (A) Rs. 5,000 crores (B) Rs. 7,500 crores (C) Rs. 10,000 crores (D) Rs. 15,000 crores (E) None of these

Ans : (E) 4. India recently signed a pact with which of the following SAARC countries which will enable its Prime Minister to have direct communication with the Prime Minister of that country on Hot Line ? (A) Myanmar (B) Nepal (C) Pakistan (D) China (E) None of these Ans : (E) 5. As per the report released by the Govt. of India, various Govt. agencies procured about 15 million tonnes of wheat during the recent Rabi season. Which of the following states was the largest contributor to this stock of 15 million tonnes ? (A) Uttar Pradesh (B) Kerala (C) Punjab (D) Tamil Nadu (E) None of these Ans : (C) 6. As we know the members of the European Union have recently decided to start functioning with a new set of rules and regulations. The newly devised rules are commonly known as (A) Treaty of London (B) Treaty of Lisbon (C) Paris Treaty (D) Treaty of Moscow (E) None of these Ans : (B) 7. As per the estimates given by various organizations/agencies China is expected to reach a new economic target during 2010 by becoming worlds second largest Economy. This means China will replace (A) France (B) Germany (C) Japan (D) Russia (E) None of these Ans : (C) 8. Who amongst the following is the recipient of the Dadasaheb Phalke Award-2010 ? (A) Javed Akhtar (B) Amitabh Bachchan (C) Gulzar (D) Dev Anand (E) None of these Ans : (E) 9. POSCO to invest Rs. 1000 crores more in Maharashtra was a headline in major financial

newspapers recently. POSCO is associated with which of the following businesses as its core business in Maharashtra ? (A) Fertilizers (B) Steel (C) Paper and News print (D) Automobiles (E) None of these Ans : (B) 10. As per the reports published in various newspapers, Mineral Output from mining and quarrying sector was up by 11% in April 2010. Production of which of the following cannot be included in above figures ? (A) Coal (B) Petroleum (C) Iron Ore (D) Natural Gas (E) Cement Ans : (E)

1. How many languages are there in the Eighth Schedule of the Constitution of India ? (A) 16 (B) 18 (C) 20 (D) 22 Ans : (D) 2. Article 340 of the Indian Constitution deals with (A) Backward Classes Commission (B) Election Commission (C) Union Public Service Commission (D) Finance Commission Ans : (A) 3. In which year Advocates Welfare Fund Act was enacted by Parliament of India ? (A) 1999 (B) 2001 (C) 2003 (D) 2008 Ans : (B) 4. In which one of the following cases it has been held that prohibition on sale of eggs within municipal area of Rishikesh is not violative of Article 19(1)g of the Constitution ? (A) B. R. Enterprise Vs. State of U.P. (B) Sreeniwas General Traders Vs. State of Uttarakhand (C) Om Prakash Vs. State of U.P. (D) C. K. Jain Vs. State of Uttaranchal Ans : (C)

5. Right to Information is defined under (A) Section 2(f) of the Right to Information Act, 2005 (B) Section 2(j) of the Right to Information Act, 2005 (C) Section 4 of the Right to Information Act, 2005 (D) Section 2(b) of the Right to Information Act, 2005 Ans : (B) 6. In Uttarakhand Legislative Assembly one member is nominated from (A) Christian Community (B) Muslim Community (C) Anglo-Indian Community (D) Parsi Community Ans : (C) 7. A Supreme Courts Judge retires at an age of (A) 58 years (B) 70 years (C) 62 years (D) 65 years Ans : (D) 8. Who is the head of the State-Executive ? (A) The State Legislature Assembly (B) The State Cabinet (C) The Chief Minister (D) The Governor Ans : (D) 9. Case of I. R. Coelho V. State of Tamil Nadu is related with (A) Judicial review of Article 356 of the Constitution (B) Judicial review of Article 226 of the Constitution (C) Judicial review of Ninth Schedule Laws (D) Judicial review of action taken by Speaker under Article 105 of the Constitution Ans : (C) 10. Humanisation and decrimanisation of attempts to suicide was recommended by (A) 210th Report of Law Commission (B) 212th Report of Law Commission (C) 216th Report of Law Commission (D) 215th Report of Law Commission Ans : (A)