1. Who is the Times Magazine Person of the year 2010? a)Sachin Tendulkar Zuckerberg 2.

What is the mascot of 16th Asian Games? a)Shera b)Le Yangyang c)Kutumb d)Orry e)none b)A R Rehman c)Manmohan Singh d)Ratan Tata e)Mark

3. Excise Duty is a tax levied on ____? a)Sale of goods b)import of goods c)export of goods d)both b & c e)production of goods 4. What is the present FDI limit in Telecom sector? a)26% b)49% c)51% d)74% e)none

5. Sacred Games is a novel written by ________? a)Vikram Chandra b)Arundathi Roy c)Vikram Seth d)Manglaya Swinkar e)none

6. Who is the new Chairman of SEBI? a)C.B.Bhave b)Anand Sinha c)U K Sinha d)O P Bhatt e)none

7. Susilo Bambang Yudhoyono is the chief guest of Indias 62nd Republic day. He is __________? a)President of Malaysia b)Prime Minister of Indonesia c)President of Yugoslavia

d)President of Indonesia e)none 8. At Present, the number of National Political Parties in India? a)4 b)5 c)6 d)7 e)none

9. Makhaya Ntini who has announced his retirement from International Cricket, belongs to which country? a)West Indies b)England c)South Africa d)New Zealand e)none

10. Which is the most corrupt country according to the ranking of global corruption index, a Transparency International report? a)India b)Pakistan c)Iraq d)Somalia e)none

Congratulations - you have completed General Awareness - May 2011 Latest Questions . You scored 0 out of 10. Your performance have been rated as 'Failed' All the questions in the quiz along with their answers are shown below. Your answers are bolded. The correct answers have a green background while the incorrect ones have a red background. 01. Which bank has won Asian Bank Technology award ?
y y y y

a) SBI b) Axis Bank c) ICICI d) IDBI

02. What is the litracy rate of India ?

y y y y

a) 73 b) 75 c) 78 d) 74

Question was not answered 03. What is the name of current Chief Minister of West Bengal ?
y y y y

a) Jayalalitha b) Manmohan Singh c) Pranab Mukherjee d) Mamta Banerjee

Question was not answered 04. Recently chief of IMF resigned because of pressure of charges of sexual assault, what is the name of that former chief ?
y y y y

a) Dominique Strauss-Kahn b) Serge Robert c) Manorial Corio d) Moises Schwartz

Question was not answered 05. Who is the winner of Azlaan Shah trophy ?
y y y y

a) India b) Australia c) South korea d) Pakistan

Question was not answered 06. Who is the winner of Azlaan Shah trophy?
y y y y

a) India b) Australia c) South korea d) Pakistan

Question was not answered 07. Ryder Cup is associated with which of the following sports

y y y y

a) Cricket b) Hockey c) Golf d) Tennis

Question was not answered 08. Which core sector industry has the highest weight in the Index of industrial production(IIP)?
y y y y

a) Coal b) Mining c) Petroleum d) Electricity

Question was not answered 09. Term FRBM the word F denotes ?
y y y y

a) Finance b) Fiscal c) Form d) Final

Question was not answered 10. Red cross day is observed on ?

y y y y

a) 1 May b) 5 May c) 8 May d) 10 May

Question was not answered

ANSWER KEY 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 dadbbbcbbcdddda 16 17 18 19 20 21 22 23 24 25 abbbbcdabc

1 At present the salary of President of India is (a) Rs. 50,000 (b) Rs. 75,000 (c) Rs. 85,000 (d) Rs. 1,00,000 2 What is the minimum age prescribed in India for citizen to cast their vote ? (a) 18 years (b) 21 years (c) 16 years (d) 20 years 3 Who decides whether a bill is a money bill or not ? (a) President (b) Prime minister (c) Finance Minister (d) Speaker of the lok sabha 4 The World Press Freedom Day is observed on (a)12TH December (b) 03RD May (c) 15TH September (d) 01ST December 5 Who was the last viceroy of India ? (a) Lord linlithgow (b) Lord Mountbatten (c) Lord Wavell (d) Clement Attlee 6 The world trade organization was formed in (a) 1991 (b) 1995 (c) 1997 (d) 1999 7 Who had estimated national income in India first (a) V.K.R.V. Rao (b) Dadabhi Naoroji (c) R.C. Dutt (d) D.R. Gadgil 8 Cuscuta is a (a) Partial stem parasite (b) Complete stem parasite (c) Partial root parasite (d) Complete root parasite 9 The function unit of the kidney is (a) Neuron (b) Glomerolus (c) Nephron (d) Ureter 10 Copper is refined by (a) Roasting (b) Oxidation (c) Electrolysis (d) Zone refining 11 The important unit of a microprocessor is (a) ALU (b) Array of registers (c) Control unit (d) All of these 12 Who was the first actress to be conferred with the honors of Padma Shree (a) Kanan Davi (b) Devika Rani (c) Sulochana (d) Nargis Dutt

13 What is the net profit percentage of SBI during the year 2007-08 ? (a) 26.5 % (b) 30.25 % (c) 34.34 % (d) 48.18 % 14 The union cabinet has decided to increases the number of judges in the supreme court including the chief justice from 26 to (a) 27 (b) 28 (c) 30 (d) 31 15 The union government has recently banned the export of which of the following cereals ? (a) Rice (b) Wheat (c) Maize (d) None of these 16 Chine has hiked its defense expenditure by . Per cent to raise it to $ 57.22 billion (a) 17.6 (b) 18.5 (c) 20.2 (d) 22.5 17 Who has bagged the 53rd filmfare awards for best actress (a) Aishwarya Rai (b) Preity Zinta (c) Rani Mukherjee (d) Kareena Kapoor 18 What slogan has been given by the UNESCO for the international year of languages 2008 ? (a) Revive lost Language (b) Language matter (c) Language unit US (d) Language our lifelines 19 What is the name of the latest book by Jhunpa Lahiri (a) Namesake (b) Unaccustomed earth (c) Unpredictable earth (d) Reconcilation 20 What is the Name of Delhis Cricket Team for IPL cricket Tournament (a) Dare Devils (b) Knight Riders (c) a & b (d) none of these 21 A rear view mirror for driving is (a) plain (b) concave (c) convex (d) none 22 The government of India derives its single largest source of revenue from (a) Direct Tax (b) Customer Duties (c) Deficit Financing (d) Union Excise Duties 23 Rath temple at Mahabalipuram were built in the reign of which Pallava ruler ? (a) Mahendraverman 1 (b) Narsinghavarman 1 (c) a & b (d) none 24 The staple food of the vedic Aryan was (a) barley & rice (b) milk & its product (c) rice & pulses (d) none of these 25 Who has bagged the Indu Sharma Katha Samman for the year 2007 ? (a) Mahasweta Devi (b) Nirupama Subramaniam (c) Nasira Sharma (d) Nilanjana Bose ANSWER KEY 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 dadbbbcbbcdddda

16 17 18 19 20 21 22 23 24 25 abbbbcdabc

Quiz on Current Affairs - 2011

1. Which state government has renamed the Brookside Bungalow to Rabindranath Art Gallery? a)Mizoram b)Assam c)Meghalaya d)Uttaranchal e)none

2. Who wrote the book India - Pakistan: Coming To Terms ? a)Ajit Pawar b)Ashutosh Misra c)K R Narayana d)Shashi Tharoor e)none

3. Who has been elected as President of Karnataka State Cricket Association(KSCA)? a)Rahul Dravid Kumble 4. Which animal has been declared as National Heritage Animal by GOI - Elephant. 5. Which of the following nation is the recent one to join Non Aligned Movement(NAM)? a)Fiji b)Cuba c)Iran d)Colombia e)Egypt b)Vijay Mallya c)Javagal Srinath d)Venkates Prasad e)Anil

6. DIPP is the nodal agency in the field of foreign investments? what is the full form of DIPP - Department Of Industrial Policy and Promotion. 7. RBI was considering the proposal to set up satellite banks and ATMs to provide banking facilities to the villagers in which state? a)Bihar b)Jharkhand c)Uttar Pradesh d)Assam e)none

8. National Voters Day is observed on _________? a)Jan 6th b)April 1st c)May 25st d)Jan 25th e)Oct 6th

9. Which country has opened World s first nuclear bank - Russia? 10. Minimum Support Prices(MSP) is increased based on the recommendation of ? a)Ministry of Finance b)Ministry of Agriculture c)Agriculture Cost and Price e)Cabinet Committee of Economic Affairs

Commission d)both a & c

1. Which among the following cities was declared as Tiger Gateway of India during the first half of 2011? [A]Bhopal [B]Nagpur [C]Mysore [D]Lucknow Show Answer Explanation 2. Which among the following protocols is also related to the Access and Benefit Sharing (ABS) mechanism? [A]Kyoto protocol [B]Nagoya Protocol [C]Geneva Protocol [D]Cartagena Protocol Show Answer 3. Consider the following matches: 1. Tim Cook Apple 2. Ben Bernanke United States Federal Reserve 3. Mario Draghi European Central Bank 4. Jamie Dimon JPMorgan Chase 5. David Beers Standard & Poors 6. Warren Buffett Berkshire Hathaway Which among the above matches is/ are correct? [A]1, 2, 3 [B]1, 2, 3, 4 [C]1, 2, 3, 4, 5 [D]1, 2, 3, 4, 5, 6 Show Answer

4. As per the decisions taken by the Government recently, the maturity period of National Savings Certificate (NSC) & Monthly Income Scheme (MIS) were previously _____ and now it is ______ . Choose the correct option with correct entries: [A]6 years, 5 years [B]7 years, 6 years [C]7.5 Years, 5.5 Years [D]8 years, 6 Years Show Answer Explanation Quiz 582: Current Affairs for Bank PO Examinations
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5. As per the latest decisions taken by the Government, a person can invest up to which among the following amounts annually in the Public Provident Fund (PPF) saving? [A]Rs. 70,000 [B]Rs. 100,000 [C]Rs. 120,000 [D]Rs. 150,000 Show Answer 6. Who among the following headed the committee set up on recommendations of the 13th Finance Commission in July 2008 to review of the existing parameters for the small saving schemes in operation and recommend mechanisms to make them more flexible and market linked? [A]Ashok Chawla [B]Shyamla Gopinath [C]Usha Thorat [D]K J Udeshi Show Answer 7. As per the recently declared National Manufacturing Policy, the land area of a National Investment and Manufacturing Zone is to be minimum ____? [A]1000 Hectares [B]2000 Hectares [C]3000 Hectares [D]5000 Hectares Show Answer 8. Which among the following country has topped the list of largest foreign remittances in the recent World Bank Report? [A]India [B]China [C]Indonesia

[D]Singapore Show Answer 9. India will host Yingluck Shinawatra as the guest of honour at the Republic Day parade Jan 26, 2012. She is the first woman and youngest Prime Minister of which among the following countries? [A]Thailand [B]Cambodia [C]Myanmar [D]Vietnam Show Answer 10. On which date, Flag Day of India is celebrated? [A]December 3 [B]December 7 [C]December 11 [D]December 12 Show Answer Explanation 11. Which among the following country has recently decided to sell Uranium to India for the first time? [A]Kazakhstan [B]Canada [C]France [D]Australia Show Answer 12. Which among the following was the first movie of Dev Anand? [A]Ziddi [B]Hum Eik Hain [C]Taxi Driver [D]Kala Pani Show Answer Explanation 13. Recently, the Reliance Power, a Anil Dhirubhai Ambani Group (ADAG) company, has decided to establish Indias largest solar power plant in which among the following states of India? [A]Tamil Nadu [B]Rajasthan [C]Andhra Pradesh [D]Maharastra Show Answer Explanation 14. Which among the following country is not in Mekong-Ganga Cooperation? [A]Thailand [B]Laos

[C]China [D]Myanmar Show Answer Explanation 15. The Shaha Commission led by Justice (Retd) M B Shah was constituted to inquire into the mining scam in which among the following states of India? [A]Goa [B]Karnataka [C]Odisha [D]All of them Show Answer http://www.gktoday.in/bankpo-quiz/quiz-582-current-affairs-for-bank-poexaminations/

1. Who among the following was the first Indian to Get selected in ICS (Indian Civil Services)? [A] Ras Bihari Bose [B] Satyendra Nath Tagore [C] Devendranath Tagore [D]Surendranath Banerjee Show Answer 2. One Nautical Mile is equivalent to how many meters? [A]1565 [B]1609 [C]1736 [D]1852 Show Answer 3. Knot is a unit of _________? [A] Speed [B] Distance [C] Acceleration [D]Depth Show Answer 4. Indias first Butterfly Park was established at which among the following National Parks? [A]Bannerghatta National Park, Karnataka [B]Nagarhole National Park, Karnataka [C]National Zoological Park Calcutta [D]Kaziranga National Park, Assam Show Answer

5. Jean Marie Gustav Le Classio is known as a famous personality in which of the following fields? [A] Physics [B] Literature [C] Social Service [D]Medicine Show Answer 6. Who was the first recipient of Bharat Ratna ? [A] C V Raman Quiz 110 : GK for SSC Examinations
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[B] C. Rajgopalachari [C] Dr. Radhakrishnan [D]Jawahar Lal Nehru Show Answer Explanation 7. Living History is an autobiography of which of the following personalities? [A] Hilary Clinton [B] Bill Clinton [C] George Bush [D]Bill Gates Show Answer 8. Cricket My Style is a work of which among the following cricketers? [A] J. Srinath [B] Sunil Gavaskar [C] Kapil Dev [D]Anil Kumble Show Answer 9. Who among the following is the author of Mahatma Gandhi and His Myths? [A] Dominique Lepierre [B] Mark Shepard [C] Minoo Masani [D]None of them Show Answer 10. Which of the following prizes is given by KK Birla Foundation for commendable work in Hindi? [A] Acharya Tulsi Samman [B] Vyas Samman [C] Saraswati Samman [D]Rajbhasha Samman Show Answer 11. What is the correct Chronological Order of Nandas, Sungas, Mauryas & Hayankas dynasties of Ancient India?

[A] Nandas, Sungas, Mauryas, Hayankas [B] Mauryas, Hayankas, Sungas, Nandas [C] Hayankas, Nandas, Mauryas, Sungas [D]Nandas, Mauryas, Sungas, Haranyakas Show Answer 12. Tanjore , Anhilwada, Dhara & Kanauj were the capitals of respectively which among the following dynasties? [A] Pratihara, Parmara, Solanki, Chola [B] Chola, Solanki, Parmara, Pratihara [C] Pandya, Solanki, Pratihara, Chola [D]Chola, Parmara, Pratihara, Solanki Show Answer 13. Which of the following rivers is called Lifeline of Chhattisgarh? [A] Shivnath [B] Mahanadi [C] Rihand [D]Son Show Answer 14. 38th Parallel Border Line divided which of the following ? [A] Poland & Germany [B] India & China [C] North & South Korea [D]US and Canada Show Answer 15. Who among the following is called the architect of Indian Five Year Planning? [A] Jawaharlal Nehru [B] C D Deshmukh [C] PC Mahalnobis [D]Sardar Balwant Singh Show Answer http://www.gktoday.in/indiagk/quiz-110-miscellaneous_18/

1. Recently, it was reported in the newspapers that in the backdrop of slumping economic growth, Reserve Bank of India is under pressure to cut the Cash Reserve Ratio. Which among the following would follow when RBI cuts the CRR? [A]Stress on money markets would increase [B]Stress on money markets would decrease [C]Banks will need to invest more in Government Securities [D]Banks will need to increase the interest rates Show Answer Explanation

2. Recently, one of the well known market analysts made this statement: We expect the Reserve Bank of India to continue to ease liquidity Which among the following instruments can be used by RBI to continue to ease liquidity? 1. Cutting the frequency of Open Market Operations 2. Cutting the Cash Reserve Ratio 3. Cutting the Repo and Reverse Repo rates Choose the correct options: [A]Only 1 [B]Only 1 & 2 [C]Only 2 & 3 [D]1, 2 & 3 Show Answer Explanation 3. It was recently reported in the Business Newspapers that Indias economic growth slumped to its lowest in more than two years while output expansion at key industries tumbled to a six-year low. What has been the lowest GDP growth in these 2 years? [A]7.3% [B]7.9% [C]6.9% [D]6.2% Show Answer Explanation 4. Recently, it has been published in some newspapers that government has kicked off a major reform exercise among regional rural banks. What is the core idea of the reforms in RRBs in India? [A]Infuse capital in RRBs [B]Make them independent entities of their sponsor banks [C]Consolidation of RRBs by amalgamation [D]All of above Quiz 109 : Finance & Economy Current Affairs for Bank PO
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Show Answer Explanation 5. As per the recently published news in various newspapers, the Indians are investing in which among the following commodities / sectors for hedging against inflation, leading the Government to think about launching the Inflation-Indexed Bonds (IIBs)? [A]Gold [B]Real Estate [C]G-Secs [D]Share Markets Show Answer

6. Which among the following has been discontinued recently after the Cabinet decision in small saving schemes? [A]National Saving Certificates (NSC) [B]Kisan Vikas Patras (KVP) [C]Monthly Income Scheme (MIS) [D]Recurrent Deposit Schemes Show Answer 7. The Financial Stability Board (FSB) came into existence in the G-20 summit that was held in____ ? [A]London [B]Pittsburg [C]Toronto [D]Seoul Show Answer 8. Consider the following countries: 1. Cambodia 2. Malaysia 3. Indonesia 4. Myanmar Which among the above are members of Both ASEAN and East Asia Summit? [A]1 & 2 [B]2 & 3 [C]1, 2 & 3 [D]1, 2, 3 & 4 Show Answer 9. Which among the following gives a precise definition of Arbitrage in Financial World? [A]To profit from an existing discrepancy among prices, exchange rates, and/or interest rates on Different Markets without risk of these changing [B]to profit from an existing discrepancy among prices, exchange rates, and/or interest rates on Same market without risk of these changing [C]To profit from an existing discrepancy among prices, exchange rates, and/or interest rates on new techniques or products in same market. [D]All of above Show Answer 10. RBI uses the policy instrument Reverse Repo for which of the following reasons? 1. To increase the liquidity of commercial banks 2. To absorb liquidity from commercial banks 3. To reduce the fiscal deficit of central Government Choose the correct option: [A]1 & 2 [B]2 & 3 [C]1, 2 & 3 [D]1 & 3

Show Answer 11. Exchangeable Bonds are Bonds which can be exchanged with________? [A]Equity Shares of a single company [B]Equity shares of a Group Company [C]Both of them [D]None of them Show Answer 12. Which of the following is / are traded on National Spot Exchange of India? 1. Shares 2. Commodities 3. Bonds Choose the correct option: [A]1 & 2 Only [B]2 & 3 Only [C]2 Only [D]1 & 3 Only Show Answer 13. Which among the following defines Hyperinflation? [A]Cumulative inflation rate over three years approaching 100% to inflation exceeding 50% a month [B]Cumulative inflation rate over five years approaching 100% to inflation exceeding 50% a month [C]Growth in Inflation Level of 100 % in 3 years [D]Growth in Inflation Level of 100 % in 1 year Show Answer 14. TANKAN is revision of the Industry Classification of the Short-term Economic Survey of Enterprises (usually quarterly ) is used in following country ? [A]Japan [B]South Korea [C]China [D]All of them Show Answer 15. Which among the following organizations organized the annual India Economic Summit in India? [A]FICCI [B]CII [C]World Economic Forum [D]Times Group Show Answer
http://www.gktoday.in/quiz-current-affairs-india/quiz-109-finance-economy-current_17/

1. Department of Industrial Policy and Promotion is a subordinate office of which among the following ministries? [A]Ministry of Finance [B]Ministry of Commerce & Industry [C]Ministry of Corporate Affairs [D]None of them Show Answer 2. The DAVP (Directorate of Advertising and Visual Publicity) is a subordinate office of which among the following Ministries? [A]Ministry of Information & Broadcasting [B]Ministry of communications & Information Technology [C]Ministry of Corporate Affairs [D]Ministry of Culture Show Answer 3. Which among the following can be called a writ of prohibition ? [A]A writ issued by Supreme court or High court to inferior court [B]A writ issued by High Court to supreme court or inferior court [C]A writ issued by a inferior court [D]None of them Show Answer 4. National Integration Council was created for making welfare measures for the ..? [A]Muslims & Sikhs [B]Sikhs, Buddhists & Schedules castes [C]All Minorities [D]All religions Show Answer 5. Who among the following is called the guardian of the public purse of India? [A] Governor of Reserve bank of India [B]Finance Minister of India [C]Comptroller & Auditor General of India [D]Supreme Court of India Show Answer 6. Which among the following articles of Indian Constitution gives right to the Attorney General of India to speak in Houses of Parliament or their committee? [A] Article 76 Quiz 108 : Indian Polity & Constitution
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[B]Article 89 [C]Article 96 [D]None of them Show Answer 7. In which year, first Official Language Commission was constituted?

[A]1952 [B]1955 [C]1958 [D]1959 Show Answer 8. The system of Proportional Representation is used in India to elect ..? [A]Prime Minister [B]Governor [C]President [D]Members of Parliament Show Answer 9. Which schedule of the Indian Constitution divides the legislative powers between the Union and states? [A]8th schedule [B]7th schedule [C]6th schedule [D]9th schedule Show Answer 10. Which among the following is borrowed from Ireland in our constitution? [A]Directive Principles [B]Fundamental Duties [C]Preamble [D]Fundamental Duties Show Answer 11. Which of the following posts is not mentioned in Constitution? [A]Deputy Speaker of Lok Sabha [B]Deputy Chairman of Rajya Sabha [C]Attorney General [D]Solicitor General Show Answer 12. Which among the following is the correct designation of Hindi in India? [A]National language [B]Language of communication between states & centre [C]The Official Language of the Union of India [D]Official and National Language of India Show Answer 13. Which among the following state / union territory got birth with the Punjab Reorganization Act of 1966? [A]Haryana [B]Himachal Pradesh [C]Chandigarh [D]None of them Show Answer 14. Which among the following constitution is similar to Indian Constitution because of

a strong centre? [A]USA [B]Canada [C]England [D]Japan Show Answer 15. Town Planning Committees are constituted as per which among the following amendments of Indian Constitution? [A]73rd [B]74th [C]75th [D]76th Show Answer
http://www.gktoday.in/quiz-indian-constitution/quiz-108-indian-polity-constitution_14/

1. Which among the following actors has recently pitched for child nutrition for children as UNICEF ambassador for India? [A]Shahrukh Khan [B]Amitabh Bachchan [C]Abhishek Bachchan [D]Amir Khan Show Answer 2. Sudarshan Shakti, a joint field exercise of the Southern Army and South Western Air Command (SWAC) is being organized in which among the following states? [A]Rajasthan [B]Madhya Pradesh [C]Karnataka [D]Tamil Nadu Show Answer Explanation 3. Which among the following states of India recently celebrated the Horbill Festival? [A]Manipur [B]Nagaland [C]Mizoram [D]Arunachal Pradesh Show Answer 4. Which among the following are the origin-destination of the recently declared Nandan Kanan express ? [A]Puri-Delhi-Puri [B]Patna-Kolkata-Patna [C]Mumbai-Bhubneshwar-Mumbai [D]Delhi-Bubhneshwar-Delhi

Show Answer 5. As per the recent information given by Government in parliament, what is Indias doctor-population ratio? [A]1:1000 [B]1:1500 [C]1:2000 [D]1:2500 Show Answer Quiz 107 : Latest Current Affairs
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6. Recently, Mattu Gulla was awarded the GI certificate by the Geographical Indication Registry (GIR) of the Union Government, in Chennai.What is Mattu Gulla? [A]A locally produced potato variety [B]A locally produced Brinjal variety [C]A locally produced sweet [D]A locally produced tomato variety Show Answer 7. Recently, a four-day Global Buddhist Congregation was held to commemorate the 2,600th year of Sambodhiprapti (the enlightenment of Buddha) in which among the following cities? [A]Patna [B]Gaya [C]Delhi [D]Lucknow Show Answer 8. Ustad Sultan Khan who recently passes away, was best known as exponent of which among the following musical instruments? [A]Sarangi [B]Shahnai [C]Tabla [D]Sitar Show Answer 9. The Arab League recently approved tough economic sanctions against which among the following countries? [A]Libya [B]Syria [C]Yemen [D]Egypt Show Answer 10. NASA has recently planned a new rover named Curiosity for which among the following planets? [A]Mars [B]Jupiter

[C]Saturn [D]Venus Show Answer 11. In which year Dogri language was included in the eighth Schedule of Indian Constitution ? [A]2001 [B]2002 [C]2003 [D]2004 Show Answer 12. The newspaper Deepika , which recently celebrated its 125th anniversary, is one of the oldest newspapers of which among the following languages? [A]Kannada [B]Telugu [C]Tamil [D]Malayalam Show Answer 13. Which among the following institutes confers Sir Jehangir Ghandy Medal? [A]IIT Kharagpur [B]Xavior Labour Relations Institute [C]JNU [D]Tata Institute of Social Sciences Show Answer 14. Librahan Commission was established to probe into which among the following? [A]Anti Sikh Riots of 1984 [B]Babri Mosque Demolition [C]Post Godhara Riots [D]None of them Show Answer 15. Which among the following is correct term to be used for Nishant ? [A]Anti Tank Missile [B]Cruise Missle [C]Unmanned Aerial Vehicle [D]AWACS Show Answer
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1. The Arabic word Sukuk is best placed in which among the following? [A]A tenet of Islam [B]A Festival of Islam [C]A term related to Islamic Banking [D]A term related to Saudi Politics Show Answer

Explanation 2. Consider the following statement: 1. The Tiny units in industries was defined for the first time in Industrial Policy Statement 1977 2. There was a complete NO to the foreign investment in the Industrial Policy Statement 1977 Which 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 correct Show Answer Explanation 3. Consider the following: 1. Banking Regulation Act 2. Insurance Act 3. Securities Contract Regulation Act Which among the following presents a correct set of years in which the above acts were legislated? [A]1949, 1958, 1992 [B]1949, 1938, 1992 [C]1949, 1938, 1956 [D]1938, 1948, 1959 Show Answer Explanation 4. Consider the following statements: 1. The objective of the RKVY is to achieve 4 % annual growth in the agriculture sector during the 11th plan by ensuring a holistic development of Agriculture and Allied Sectors. 2. RKVY has been successful in achieving the target Which among the above statements is/ are correct? [A]Only 1 is correct [B]Only 2 is correct [C]Both 1 & 2 are correct Quiz 581: GK for RBI Grade B Examination
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[D]Neither 1 nor 2 is correct Show Answer Explanation 5. Consider the following statements: 1. National Vector Borne Disease Control Programme (NVBDCP) is a comprehensive programme for combating 6 deadly diseases transmitted by Mosquitoes

2. India recently launched a pilot programme on Genetically modified mosquitoes to combat this vector Which 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 correct Show Answer Explanation 6. Which among the following is the most spoken mother tongue in the European Union? [A]English [B]French [C]German [D]Spanish Show Answer 7. In India, Public Sector plays a dominant role in mineral production accounting for 74.48% of the total value of minerals produced in 2009-10. In the production of which of the following, the share of Public Sector is maximum? [A]Coal [B]Lignite [C]Natural Gas [D]Petroleum Show Answer Explanation 8. Consider the following statements: 1. Indira Gandhi Matritva Sahyog Yojana (IGMSY) has been launched to improve the health and nutrition status of pregnant, lactating women and infants. 2. The scheme envisages Cash Incentives for the above beneficiaries 3. All Government Women Employees are beneficiaries of the IGMSY Which among the above statements is / are correct? [A]Only 1 & 2 are correct [B]Only 2 & 3 are correct [C]Only 1 is correct [D]All are correct Show Answer Explanation 9. Consider the following statements in context with the Cash Management Bills: 1. Cash Management Bills are a kind of short term money market instruments with maturity less than 91 days 2. Cash Management Bills are issued on discount 3. Cash Management Bills are introduced only by Central Government Which among the above statements is/ are correct?

[A]Only 1 is correct [B]Only 1 & 2 are correct [C]all are correct [D]Only 2 & 3 are correct Show Answer Explanation 10. Consider the following: 1. Next Steps to Strategic Partnership (NSSP) 2. Technology Safeguard Agreement (TSA) 3. Commercial Space Launch Agreement (CSLA) Which among the above have been signed between India and United States space cooperation in recent past? [A]Only 1 [B]1 & 2 [C]2 & 3 [D]1, 2 & 3 Show Answer Explanation 11. Consider the following statements: 1. Area between 200 mts to 500 mts in Coastal Regulation Zone III has been declared as No Development Zone (NDZ). 2. Some activities are permissible in this zone after obtaining necessary approvals from concerned authorities Which 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 correct Show Answer 12. Consider the following statements: 1. MG NREGA is the first law internationally, that guarantees wage employment 2. MG NREGA act mandates 33% participation for women 3. Pronab Sen Committee has been constituted for developing an index for fixing Mahatma Gandhi NREGA wage rates and its periodic revisions. Which among the above statements is/ are correct? [A]Only 1 is correct [B]1 & 2 are correct [C]All are correct [D]2 & 3 are correct Show Answer 13. Tendulkar Committee report has revealed that in 2004-05, Indias poverty which was measured 27% at that time is actually increased more than 10% and actual poverty was 37% . Which among the following was the reason behind these two conflicting measures of poverty in India? [A]There was a discrepancy in the datas collected at that time

[B]The new poverty line measures poverty on a wider access to commodity and services like health and education and not calories [C]The calories definition of poverty has been changed by the world Bank [D]The government at that time misled the public on by showing the wrong figures Show Answer 14. The investment in Plant & Machinery up to which among the following amounts in India is called a Tiny Unit in India? [A]Rs. 5 Lakh [B]Rs. 10 Lakh [C]Rs. 15 Lakh [D]Rs. 25 Lakh Show Answer Explanation 15. Consider the following statements about a sports personality of India: 1. He is a winner of the won All England Open Badminton Championships 2. He has been a force behind the rise of Saina Nehwal 3. He is the only sports person, who has been awarded the Dronacharya Award, Rajiv Gandhi Khel Ratna Award as well as Arjuna Award Identify this personality from the given options: [A]Prakash Padukone [B]P. Gopichand [C]Syed Modi [D]Chetan Anand Show Answer
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Bank Terminology and Banking Glossary

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Bank Draft Bankers draft is a negotiable claim drawn upon a bank. Drafts are as good as cash. The drafts cannot be returned and unpaid. Bank Rate Bank rate is the rate of discount at which the central bank of the country discount first class bills. It is the rate of interest at which the central bank lends money to the lower banking institutions. Bank rate is a direct quantitative method of credit control in the economy. Cash Reserve Ratio (CRR) The commercial banks are required to keep a certain amount of cash reserves at the central bank. This percentage amount is called CRR. Central Bank Central Bank may be defined as the apex banking monetary institution whose main functions is to control, regulate and stabilize the banking and the monetary system of the country in the national interest.

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Cheque Cheque is an order in writing issued by the drawer to a bank. If the customer has sufficient amount in his account, the cheque is paid by the bank. Cheques are used in place of cash money. Clearing Bank Clearing Bank is one which settles the debits and credits of the commercial banks. Event of the cash balances are lesser, clearing bank facilities banking operation of the commercial bank. Clearing House Clearing house in an institution which helps to settle the mutual indebtedness that occurs among the members of its organisation. Commercial Bank Commercial bank is an institution of finance. It deals with the banking services through its branches in whole of the country operation of current accounts, deposits, granting of loans to individuals and companies etc. are various functions of the commercial bank. Commercial Bill- it is a bill of exchange drawn by the creditor on the debtor when the debtors acceptance is obtained the paper becomes the bill of exchange. Commercial paper it is an unsecured promissory note issued by financial institutions to meet their short run financial requirements, for issuing commercial papers, it is a compulsion on the past of financial companies to follow credit rating. In India CRISIL is famous institutions for credit rating.

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Meaning of Amalgamation The term "amalgamation" is not defined by the Companies Act, 1956. But section 2(1B) of the Income-tax Act, 1961, defines the term "amalgamation" for the purposes of the income tax law. Amalgamation is the merger of one or more companies with another company or the merger of two or more companies to form one company. In views of the Companies Act, 1956, the terms, "amalgamation" and "merger", has the same meaning.

Consolidation
1. The combining of separate companies, functional areas, or product lines, into a single one. Differs from a merger in that a new entity is created in the consolidation.

Arbitrage
Attempting to profit by exploiting price differences of identical or similar financial instruments, on different markets or in different forms. The ideal version is riskless arbitrage.

Exchangeable bond
From Wikipedia, the free encyclopedia

Exchangeable bond (or XB) is a type of hybrid security consisting of a straight bond and an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions.[1] An exchangeable bond is different from a convertible bond. A convertible bond gives the holder the option to convert bond into shares of the issuer. The pricing of an exchangeable bond is similar to that of convertible bond, splitting it in straight debt part and an embedded option part and valuing the two separately.
An exchangeable bond gives the holder the option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary) at some future date and under prescribed conditions. This is different from a convertible bond, which gives the holder the option to exchange the bond for other securities (usually stock) offered by the issuer.

Writ
In common law, a writ is a formal written order issued by a body with administrative or judicial jurisdiction; in modern usage, this body is generally a court. Warrants, prerogative writs and subpoenas are common types of writs but there are many others.

Directive Principles in India

The Directive Principles of State Policy are guidelines to the central and state governments of India, to be kept in mind while framing laws and policies. These provisions, contained in Part IV of the Constitution of India, are not enforceable by any court, but the principles laid down therein are considered fundamental in the governance of the country, making it the duty of the State[1] to apply these principles in making laws to establish a just society in the country. The principles have been inspired by the Directive Principles given in the Constitution of Ireland and also by the principles of Gandhism; and relate to social justice, economic welfare, foreign policy, and legal and administrative matters. Directive Principles are classified under the following categories: Gandhian, economic and socialistic, political and administrative, justice and legal, environmental, protection of monuments and peace and security.[2]

Solicitor General of India

The Solicitor General for India is subordinate to the Attorney General of India, who is the Indian government's chief legal advisor, and its primary lawyer in the Supreme Court of India.

The Solicitor General for India is the second law officer of the country, assists the Attorney General, and is himself assisted by several Additional Solicitors General of India.[1] Like the Attorney General of India, the Solicitor General and the Additional Solicitors General advice the Government and appear on behalf of the Union of India in terms of the Law Officers (Terms and Conditions) Rules, 1972[2]. However, unlike the post of Attorney General of India, which is a Constitutional post under Article 76 of the Constitution of India, the posts of the Solicitor General and the Additional Solicitors General are merely statutory.

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