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...

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Oman, IOR sign fishery unit pact

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li> Oman and the Indian Ocean Rim (IOR) group signed an agreement to set up the Fisheries Support Unit (FSU) center in Muscat. 
</li>
<li> On behalf of the government of Oman, Dr Hamed bin Said Al Oufy, under secretary of Fisheries Wealth at the Ministry of Agriculture and Fisheries, signed the pact while Talib bin Miran Al Raissy, chief of economic affairs, represented IOR at the signing ceremony. 
</li>
<li> The headquarters of the FSU will be in Muscat and it will be based in the coastal town of Al Bustan. Presently, the activities of the FSU will be conducted at the Marine Science and Fisheries Center. 
</li>
</ul></div>

Oman, IOR sign fishery unit pact

Oman and the Indian Ocean Rim (IOR) group signed an agreement to set up the Fisheries Support Unit (FSU) center in Muscat. On behalf of...

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Afghan jirga

<div dir="ltr" style="text-align: left;" trbidi="on"><table border="0" cellpadding="0" cellspacing="0"><tbody>
<tr></tr>
<tr><td colspan="2"> <div id="4680" style="display: block;"> <ul style="text-align: justify;"><li> President Hamid Karzai convenes a loya jirga,a traditional meet of elders from across Afghanistan to discuss long-term relations with the U.S. and efforts to broker peace amid the threat of violence. 
</li>
<li> Some 2,000 Afghan elders are set to gather in a giant tent for several days of talks on two of the most sensitive issues in Afghan politics, as U.S.-led combat troops start leaving before a full withdrawal in 2014 & Afghan –U.S relationships after the withdrawal of troops . 
</li>
</ul>   </div></td></tr>
</tbody></table></div>

Afghan jirga

President Hamid Karzai convenes a loya jirga ,a trad...

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Kosovo Serbs seek security under Russian umbrella

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li>More than 20,000 Kosovo Serbs have asked for Russian citizenship, seeking Moscow's protection from Kosovar authorities.</li>
</ul><ul style="text-align: justify;"><li> Russia, traditional Serb ally, condemned the NATO-orchestrated secession of Kosovo from Serbia and blocked a U.N. Security Council resolution in support of Kosovo's independence.</li>
</ul><ul style="text-align: justify;"><li>An estimated 200,000 Serbs have fled Kosovo since it was put under U.N. control in 1999 and the remaining 100,000 Kosovo Serbs have refused to recognise the independence of Kosovo. They have been complaining of constant harassment and persecution by ethnic Albanian Kosovars.</li>
</ul></div>

Kosovo Serbs seek security under Russian umbrella

More than 20,000 Kosovo Serbs have asked for Russian citizenship, seeking Moscow's protection from Kosovar authorities. Russia, tradi...

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Kvitova crowns golden year with WTA awards

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li> Czech Republic tennis star Petra Kvitova's astonishing year ended with her being voted by the press as the WTA player of the year on Monday. 
</li>
<li> The 21-year-old — also voted Most Improved Player — won six titles in all including Wimbledon, her first Grand Slam crown, and the end of season WTA championships and also led her country to the Fed Cup trophy at the expense of Russia. 
</li>
<li> The awards: Player Of The Year: Petra Kvitova (Cze), Doubles Team Of The Year: Kveta Peschke (Cze)/Katarina Srebotnik (Slo), Comeback Player Of The Year: Sabine Lisicki (Ger), Most Improved Player Of The Year: Petra Kvitova (Cze), Newcomer Of The Year: Irina-Camelia Begu (Rom) . 
</li>
</ul></div>

Kvitova crowns golden year with WTA awards

Czech Republic tennis star Petra Kvitova's astonishing year ended with her being voted by the press as the WTA player of the year on ...

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National Krishi Mela begins at UAS

<div dir="ltr" style="text-align: left;" trbidi="on"><ul><li> <div style="text-align: justify;">The country's biggest farmers' event, the National Krishi Mela organised by the University of Agricultural Sciences, Bangalore.</div></li>
<li style="text-align: justify;"> The five-day event, in which about 10 lakh farmers are expected to participate 
</li>
<li style="text-align: justify;"> Though the Krishi Mela is organised every year, this is the first time the event is being held on a national scale. 
</li>
<li style="text-align: justify;"> The participation of all nationalised banks along with National Bank for Agriculture and Rural Development (NABARD) has added a new dimension to the mela as they are set to create awareness among farmers on loan facilities available under various farm projects. 
</li>
<li style="text-align: justify;"> As many as 236 innovative farmers will be honoured during the mela. 
</li>
</ul></div>

National Krishi Mela begins at UAS

The country's biggest farmers' event, the National Krishi Mela organised by the University of Agricultural Sciences, Bangalore. T...

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Children can claim right to education

<div dir="ltr" style="text-align: left;" trbidi="on"><div id="4685" style="display: block;"> <ul><li>The Tamil Nadu government has finally notified the rules under the Right of Children to Free and Compulsory Education Act, 2009.</li>
</ul><ul><li>With this, the State has taken an important milestone in ensuring education for all children between six and 14 years of age</li>
</ul><ul style="text-align: justify;"><li> Activists , non-government organisations and members of civil society came forward with suggestions, some of which have been incorporated. These include giving more teeth to the School Management Committee and local bodies, defining ‘children belonging to disadvantaged groups and weaker sections' and providing clarity on school mapping, which is essential to identify neighbourhood schools where children can be admitted. There was some disappointment, however, that the rules do not specify the manner in which schools ought to select students from the disadvantaged groups and weaker sections in their neighbourhood, to the extent of 25 per cent of the strength of their Class I or pre-school, as required under Section 12 of the Act. 
</li>
<li> At least 20 States have already notified their draft rules, including Andhra Pradesh, Maharashtra, Orissa, Rajasthan and Delhi. 
</li>
</ul></div></div>

Children can claim right to education

The Tamil Nadu government has finally notified the rules under the Right of Children to Free and C...

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Australia agrees US Marine deployment plan

Australia agrees US Marine deployment plan

Australia has agreed to host a full US Marine task force in the coming years, Prime Minister Julia Gillard has announced at a news confere...

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China welcomes entry of Russia, U.S. into East Asia Summit

China welcomes entry of Russia, U.S. into East Asia Summit

China welcomes the official entry of Russia and the United States into the EAS(East Asia Summit) The 16-member EAS was founded in 2005 ...

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World Diabetes Day

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li> As  many as 366 million people the world over suffer from diabetes. 
</li>
<li>  This disease is claiming one life every seven seconds. 
</li>
<li> Diabetes mellitus, often simply referred to as diabetes, is a group of metabolic diseases in which a person has high blood sugar, either because the body does not produce enough insulin, or because cells do not respond to the insulin that is produced. This high blood sugar produces the classical symptoms of polyuria (frequent urination), polydipsia (increased thirst) and polyphagia (increased hunger). 
</li>
<li> There are three main types of diabetes: 
<ul><li> Type 1 diabetes: results from the body's failure to produce insulin, and presently requires the person to inject insulin. (Also referred to as insulin-dependent diabetes mellitus, IDDM for short, and juvenile diabetes.) 
</li>
<li> Type 2 diabetes: results from insulin resistance, a condition in which cells fail to use insulin properly, sometimes combined with an absolute insulin deficiency. (Formerly referred to as non-insulin-dependent diabetes mellitus, NIDDM for short, and adult-onset diabetes.) 
</li>
<li> Gestational diabetes: is when pregnant women, who have never had diabetes before, have a high blood glucose level during pregnancy. It may precede development of type 2 DM. 
</li>
<li> Other forms of diabetes mellitus include congenital diabetes, which is due to genetic defects of insulin secretion, cystic fibrosis-related diabetes, steroid diabetes induced by high doses of glucocorticoids, and several forms of monogenic diabetes. 
</li>
<li> All forms of diabetes have been treatable since insulin became available in 1921, and type 2 diabetes may be controlled with medications. Both type 1 and 2 are chronic conditions that usually cannot be cured. Pancreas transplants have been tried with limited success in type 1 DM; gastric bypass surgery has been successful in many with morbid obesity and type 2 DM. Gestational diabetes usually resolves after delivery. Diabetes without proper treatments can cause many complications. Acute complications include hypoglycemia, diabetic ketoacidosis, or nonketotic hyperosmolar coma. Serious long-term complications include cardiovascular disease, chronic renal failure, retinal damage. 
</li>
</ul></li>
</ul></div>

World Diabetes Day

As many as 366 million people the world over suffer from diabetes. This disease is claiming one life every seven seconds. Diabetes ...

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