The Competition Master

IBPS CLERKS BANKING AWARENESS PRACTICE MCQs

1.In context with the Banking Industry, which among the following was not a promise made by India’s Finance Minister Pranab Mukherjee in the Union Budget 2010-11? 
(A)To provide a sum of Rs.16,500 crore to ensure that the Public Sector Banks are able to attain a minimum 8 per cent Tier-I capital by March 31, 2011 
(B)To provide further capital to strengthen the RRBs 
(C)To give additional banking licenses to private sector players, provided they fulfill RBI requirements 
(D)To continue the Debt Waiver and Debt Relief Scheme for Farmers 
(E)All of the above were promised 
Ans(D) 
 
2.Bring out the incorrectly mentioned location: 
(A)Pasteur Institute of India: Coonoor 
(B)National TB Training Institute – Bangalore 
(C)Central leprosy Training & Research institute – Chengalpattu 
(D)Kasturba Health Society – Ahamadabad 
(E)National institute of Biological standardization and Quality Control, Noida 
Ans(D) 
 
3.Which among the following is the most correct statement in context with Carbon footprint? 
(A)It is a measure of Green house gas emissions by a product 
(B)It is a unit under the Kyoto Protocol representing a reduction of greenhouse gases under the Joint Implementation mechanism 
(C)It is a administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollution 
(D)All of above are correct 
(E)None of them is correct 
Ans(A) 
 
4.Which among the following personalities of France had played a very important role in formation of the European Economic Community? 
(A)Michel Aglietta 
(B)Robert Marjolin 
(C)Daniel Cohen 
(D)Étienne Mantoux 
(E)Jean Orry 
Ans(B) 
 
5.From which of the following countries, Spain has taken over the Presidency of the Council of the European Union in January 2010? 
(A)Denmark 
(B)Germany 
(C)Poland 
(D)Sweden 
(E)Netherlands 
Ans(D) 
 
6.Who among the following was the unsuccessful challenger to Vishwanathan Anand in The World Chess Championship 2010? 
(A)Rustam Kasimdzhanov 
(B)Veselin Topalov 
(C)Ruslan Ponomariov 
(D)Vladimir Kramnik 
(E)None of the above 
Ans(B) 
 
7.Which among the following tournament is also known as World Team Championships for Women? 
(A)Thomas Cup 
(B)Uber cup 
(C)Helvetia Cup 
(D)Spanish Open Badminton 
(E)None of the above 
Ans(B) 
 
8.For which of the following professions National Florence NightingaleAward is conferred? 
(A)Architecture 
(B)Nursing 
(C)Airhostess 
(D)Teaching 
(E)None of the above 
Ans(B) 
 
9.Which among the following is the core theme of Mahila Samakhya programme? 
(A)Health and wellness of women 
(B)Financial Independence of Women 
(C)Health and wellness adolescent girls 
(D)Education and empowerment of women 
(E)all of above 
Ans(D) 
 
10.Which among the following is the objective of Mill Gate Price Scheme (MGPS)? 
(A)To provide all types of yarns to the handlooms weavers Organizations at the Mill Gate price 
(B)To provide all types of yarns to the selected large handlooms exporters at the Mill Gate price 
(C)To provide all types of yarns to the handlooms weavers Organizations above the Mill Gate price 
(D)To provide all types of assistance to the small handlooms weavers organizations to upgrade their facility to a mill 
(E)None of the above 
Ans(A) 
 
11.Maternal Mortality Ratio is the ratio of the number of maternal deaths per ________? 
(A)1000 pregnant women 
(B)100,000 pregnant women 
(C)1000 live births 
(D)100,000 live births 
(E)10,000 pregnant women 
Ans(D) 
 
12.By what fraction, the disbursement of credit to the agricultural sector exceeded the target in 2008-9 as per the latest economic survey 2009-10? 
(A)1% 
(B)2% 
(C)3% 
(D)4% 
(E)5% 
Ans(D) 
 
13.Which among the following companies, will be the first to convert their opening balance sheet in compliance with the converged Indian Accounting Standards as a sequel to convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) from the year 2011? 
(A)Insurance Companies 
(B)All scheduled commercial banks and those urban co-operative banks (UCBs) which have a net worth in excess of Rs. 300 Crores 
(C)Urban co-operative banks which have a net worth in excess of Rs. 200 Crores but not exceeding Rs. 300 Crores 
(D)Urban co-operative banks which have a net worth not exceeding Rs. 200 Crores 
(E)Urban co-operative banks which have a net worth not exceeding Rs. 100 Crores 
Ans(A) 
 
14.How many rivers are currently being coveredin the National River Conservation Plan? 
(A)22 rivers 
(B)26 rivers 
(C)33 rivers 
(D)38 rivers 
(E)42 rivers 
Ans(D) 
 
15.Which among the following is not correctly matched? 
(A)My Truth : Indira Gandhi 
(B)My Days: Sunil Gavaskar 
(C)My India: Nihal Singh 
(D)My Presidential years – R Venkatraman 
(E)My Life My Times: V V Giri 
Ans(B)My Days was a book of R K Narayan 
 
16.Which of the following dates was observed recently as National Panchayati Raj Day 2010? 
(A)10 April 
(B)14 April 
(C)24 April 
(D)30 April 
(E)1 May 
Ans(C) 
 
17.For how many years, the Banks have been directed by the Reserve bank of India to maintain records relating to suspicious transactions? 
(A)5 years 
(B)6 years 
(C)8 years 
(D)10 years 
(E)12 years 
Ans(D) 
 
18.At which of the following places , Bank of Baroda (BOB) established its first international branch? 
(A)Nairobi 
(B)Dar-es-Salaam 
(C)Kampala 
(D)Mombasa 
(E)London 
Ans(D) 
 
19.In which year the Bank of Baroda entered the capital market with an Initial Public Offering (IPO)? 
(A)1992 
(B)1996 
(C)1997 
(D)1998 
(E)1999 
Ans(B) 
 
20.Recently a joint venture between BOB, Bank of Maharastra (BOM), and Oriental Bank of Commerce (OBC) to set up a bank in a foreign country was in news. Which among the following is that country? 
(A)Singapore 
(B)Malaysia 
(C)New Zealand 
(D)Australia 
(E)South Africa 
Ans(B)

IBPS CLERKS BANKING AWARENESS PRACTICE MCQs

1.In context with the Banking Industry, which among the following was not a promise made by India’s Finance Minister Pranab Mukherjee in the...