FEDERAL BANK Financial Awareness Questions

1. Sunita has two bank accounts, one with HDFC Bank and another with ICICI Bank. She wants to transfer Rs.10,000 from HDFC Bank to ICICI Bank. Which is the safest method to do so? A. Write a Self cheque for Rs.10,000 and withdraw cash from HDFC Bank, go to ICICI Bank and deposit the amount in cash B. Visit ATM of HDFC Bank, withdraw Rs.10,000 cash, go to ICICI Bank and deposit the amount in cash. C. Transfer Rs.10,000 by cheque from HDFC Bank account to ICICI Bank D. All 2. What is known as the plastic money? A. Plastic tokens used in Financial Games B. Debit Card C. Credit Card D. Debit card and credit card both 3. USD/INR exchange rate has come down from 50 to 48. What does it mean? A. Indian Rupee has depreciated against US Dollar B. Indian Rupee has appreciated against US Dollar C. USD has become stronger D. INR has become weaker 4. Which is the Central Bank in India? A. Central Bank of India B. State Bank of India C. Indian Bank D. Reserve Bank of India 5. What is the full form of the term AQB, which is associated with bank account? A. Audited Quarterly Balance B. Account with Quarterly Balance C. Assessed Quarterly Balance D. Average Quarterly Balance 6. In various types of Loans, the term EMI is used for A. Equal Minimum Installment B. Equated Monthly Installment C. Equated Money Index D. Easy Money Installment 7. Full form of NAV in Mutual Fund Parlance A. Net Annual Value B. Net Actual Value C. Net Asset Value D. Non Asset Value 8. In the Life Insurance, which policy is the purest form of insurance A. Endowment Policy B. Money Back Policy C. Whole Life Policy D. Term Insurance Policy 9. Manoj was allotted shares of the company under employee stock options. He has made some profit by selling shares. His profit is known as A. Income from share B. Income from stock options C. Income from other allowances D. Income from capital gains 10. What is the full form for NPS A. New Pension Scheme B. Non Government Pension Scheme C. National Public Scheme D. National Planning Service 11. What is the full form of ITR

A. India Technology and Research B. Income Tax Return C. Income Tax Review D. Income Tax Report 12. If a company issues its shares first time to the public, it is known as IPO. In the same way, when a mutual fund issues units for the first time, what is it called A. Rights Issue B. Public Issue C. New Issue D. NFO 13. What is the full form of NCD A. National Capital District B. Non Cumulative Deposit C. National Crime Detection D. Non Convertible Debentures 14. What is meant by Free Credit Period in case of credit card? A. Period during which credit card holders can purchase anything free of cost B. Period during which credit card holders can shop without paying any finance charges C. Period during which credit card holders cannot do any shopping D. Period during which credit card holders are not eligible for any reward points 15. What is the full form of ATM A. Any Time Machine B. Automated Teller Machine C. Automatic Tea Machine D. Average Trading Multiple 16. In the compound interest formula = A(1 + r/m)^mn, A is the principal amount, r is the rate of interest, and m is the frequency of compounding. If a bank pays interest compounded quarterly, what is the value of m? A. 12 B. 3 C. 4 D. 6 17. If you want to use your credit card prudently, what you should ideally do? A. Pay off minimum amount every month B. Pay only the finance charges C. Pay the total bill every month in full D. Roll over the outstanding purchases until you can save enough money to clear all the debt at one time 18. What is the full form of PAN A. Pension Account Notification B. Permanent Account Number C. Primary Account Number D. Previous Account Number 19. International price of gold is quoted in terms of US Dollar, what is its unit? A. Per Gram B. Per Kg C. Per 10 Grams D. Per Troy Ounce 20. In India, gold is currently sold at Rs.15,000 per 10 grams. What is the price of 1 Kg of gold? A. 1.5 Million B. 1.5 Billion C. 150 Thousand D. None of the above 21. Which of the following life insurance plans is the cheapest in terms of premium? A. Term Insurance Plan

B. Term Insurance Plan with return of Premium C. Endowment Plan D. Whole Life Plan 22. Bank ABC pays 8% interest for a three year term deposit with interest compounded annually. Bank XYZ pays 8% interest for a three year term deposit with quarterly compounding of interest. Which bank is more attractive in terms of returns? A. Bank ABC B. Bank XYZ C. None D. Both 23. A car financing company offers you a loan of 300,000 repayable in three years by way EMI of 10,000. What is the total interest outgo? A. 290,000 B. 60,000 C. Nil D. 20,000 24. For the Assessment Year 2010-2011, if an individual falls in the highest tax slab, what will be the rate of income tax for income above 500,000? (Excluding Education Cess) A. 20% B. 10% C. 30% D. 35% 25. What is the rate of interest on PPF and what is the permissible investment amount per year? A. 8%, 70,000 B. 8%, No Limit C. 8%, 60,000 D. 8.5%, 70,000 26. For the Credit Card issuing companies, a credit card is a type of _________ loan A. Secured Loan B. Unsecured Loan C. Mortgage Loan D. Housing 27. For opening DEMAT Account, _________ is the mandatory requirement A. Share Trading Account B. Investment in Shares C. PAN Card D. Age Proof 28. What is the rate of service tax + education cess on stock brokerage charges? A. 10% B. 10.3% C. 10.36%% D. 0.125% 29. What do you require in order to withdraw cash from your bank account through ATM A. Debit card and PIN B. ATM card and PIN C. Credit card and PIN D. Any one of A or B 30. Ramesh wants to transfer Rs.5000 from Bank A to Bank B by cheque. Ramesh should write a cheque from the chequebook of Bank A and deposit it in Bank B with a cheque deposit slip. In whose name, should Ramesh write the cheque? A. Yourself B. Bank A C. Bank B D. Ramesh ANSWERS

Question Number 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Answer C D B D D B C D D A B D D B B

Question Number 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Answer C C B D A A B B C A B C B D D

Bank of Baroda Probationary Officers Exam., 2008 (Held on 5-10-2008) General Socio-Economic & Banking Awareness: Solved Paper 1. RBI s open market operation transactions are carried out with a view to regulate (A) Liquidity in the economy (B) Prices of essential commodities (C) Inflation (D) Borrowing power of the banks (E) All the above 2. When more than one banks are allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as (A) Participation (B) Consortium (C) Syndication

(D) Multiple banking (E) None of these 3. Open market operations, one of the measures taken by RBI in order to control credit expansion 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 4. The bank rate means (A) Rate of interest charged by commercial banks from borrowers (B) Rate of interest at which commercial banks discounted bills of their borrowers (C) Rate of interest allowed by commercial banks on their deposits (D) Rate at which RBI purchases or rediscounts bills of exchange of commercial banks (E) None of these 5. What is an Indian Depository Receipt ? (A) A deposit account with a Public Sector Bank (B) A depository account with any of Depositories in India (C) An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company (D) An instrument in the form of deposit receipt issued by Indian depositories (E) None of these 6. An instrument that derives its value from a specified underlying (currency, gold, stocks etc.) is known as (A) Derivative (B) Securitisation Receipts

(C) Hedge Fund (D) Factoring (E) Venture Capital Funding 7. Fiscal deficit is (A) total income less Govt. borrowing (B) total payments less total receipts (C) total payments less capital receipts (D) total expenditure less total receipts excluding borrowing (E) None of these 8. In the Capital Market, the term arbitrage is used with reference to (A) purchase of securities to cover the sale (B) sale of securities to reduce the loss on purchase (C) simultaneous purchase and sale of securities to make profits from price (D) variation in different markets (E) Any of the above 9. Reverse repo means (A) Injecting liquidity by the Central Bank of a country through purchase of Govt. securities (B) Absorption of liquidity from the market by sale of Govt. securities (C) Balancing liquidity with a view to enhancing economic growth rate (D) Improving the position of availability of the securities in the market (E) Any of the above 10. The stance of RBI monetary policy is (A) inflation control with adequate liquidity for growth (B) improving credit quality of the Banks (C) strengthening credit delivery mechanism

(D) supporting investment demand in the economy (E) Any of the above 11. Currency Swap is an instrument to manage (A) Currency risk (B) interest rate risk (C) currency and interest rate risk (D) cash flows in different currencies (E) All of the above 12. Sub-prime refers to (A) lending done by banks at rates below PLR (B) funds raised by the banks at sub-Libor rates (C) Group of banks which are not rated as prime banks as per Banker s Almanac (D) lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards (E) All of the above 13. Euro Bond is an instrument (A) issued in the European market (B) issued in Euro Currency (C) issued in a country other than the country of the currency of the Bond (D) All of the above (E) None of these 14. Money Laundering normally involves (A) placement of funds (B) layering of funds (C) integration of funds (D) All of (A), (B) and (C)

(E) None of (A), (B) and (C) 15. The IMF and the World Bank were conceived as institutions to (A) strengthen international economic co-operation and to help create a more stable and prosperous global economy (B) IMF promotes international monetary cooperation (C) The World Bank promotes long term economic development and poverty reduction (D) All of (A), (B) and (C) (E) None of (A), (B) and (C) 16. Capital Market Regulator is (A) RBI (B) IRDA (C) NSE (D) BSE (E) SEBI 17. In the term BRIC, R stands for (A) Romania (B) Rajithan (C) Russia (D) Regulation (E) None of these 18. FDI refers to (A) Fixed Deposit Interest (B) Fixed Deposit Investment (C) Foreign Direct Investment (D) Future Derivative Investment (E) None of these

19. What is Call Money ? (A) Money borrowed or lent for a day or over night (B) Money borrowed for more than one day but upto 3 days (C) Money borrowed for more than one day but upto 7 days (D) Money borrowed for more than one day but upto 14 days (E) None of these 20. Which is the first Indian company to be listed in NASDAQ ? (A) Reliance (B) TCS (C) HCL (D) Infosys (E) None of these 21. Which of the following is the Regulator of the credit rating agencies in India ? (A) RBI (B) SBI (C) SIDBI (D) SEBI (E) None of these 22. Who is Brand Endorsing Personality of Bank of Baroda ? (A) Juhi Chawla (B) Kiran Bedi (C) Amitabh Bachchan (D) Kapil Dev (E) None of these 23. The branding line of Bank of Baroda is

(A) International Bank of India (B) India s International Bank (C) India s Multinational Bank (D) World s local Bank (E) None of these 24. The logo of Bank of Baroda is known as (A) Sun of Bank of Baroda (B) Baroda Sun (C) Bank of Baroda s Rays (D) Sunlight of Bank of Baroda (E) None of these 25. Which of the following statements(s) is/are True about the exports of China which is a close competitor of India ? (i) China s economic success is basically on the fact that it exports cheaper goods to rich nations like the USA, etc. (ii) In the year 2007 China s exports became almost 40% of its GDP. (iii) When compared to India China s share in the World Exports is more than 30% whereas India s share is mere 6% of the global exports. (A) Only (i) (B) Only (ii) (C) Both (i) and (ii) (D) All (i), (ii) and (iii) (E) None of these 26. One of the major challenges banking industry is facing these days is money laundering. Which of the following acts/norms are launched by the banks to prevent money laundering in general ? (A) Know Your Customer Norms

(B) Banking Regulation Act (C) Negotiable Instrument Act (D) Narcotics and Psychotropic Substance Act (E) None of these 27. Lot of Banks in India these days are offering M-Banking Facility to their customers. What is the full form of M in M-Banking ? (A) Money (B) Marginal (C) Message (D) Mutual Fund (E) Mobile Phone 28. Which of the following is/are true about the Sub-Prime Crisis ? (The term was very much in news recently.) (i) It is a mortgage crisis referring to credit default by the borrowers. (ii) Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers. (iii) This crisis originated because of negligence in credit rating of the borrowers. (A) Only (i) (B) Only (ii) (C) Only (iii) (D) All (i), (ii) and (iii) (E) None of these 29. Which of the following is not the part of the structure of the Financial System in India ? (A) Industrial Finance (B) Agricultural Finance (C) Government Finance

(D) Development Finance (E) Personal Finance 30. Which of the following is not the part of the scheduled banking structure in India ? (A) Money Lenders (B) Public Sector Banks (C) Private Sector Banks (D) Regional Rural Banks (E) State Co-operative Banks 31. As we all know Govt. of India collects tax revenue on various activities in the country. Which of 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 32. We very frequently read about Special Economic Zones (SEZs) in newspapers. These SEZs were established with which of the following objectives ? (i) To attract foreign investment directly. (ii) To protect domestic market from direct competition from multinationals. (iii) To provide more capital to agricultural and allied activities. (A) Only (i) (B) Only (ii)

(C) Only (iii) (D) All (i), (ii) and (iii) (E) None of these 33. Which of the following groups of countries has almost 50% share in global emission of carbon every year ? (A) US, China, India, South Africa (B) India, China, Russia, Britain (C) South Africa, Nepal, Myanmar (D) US, Russia, China & India (E) None of these 34. Which of the following correctly describes the concept of Nuclear Bank floated by International Atomic Energy Agency ? (i) It is a nuclear fuel bank to be shared by all the nations jointly. (ii) It is a facility to help nations in enrichment of uranium. (iii) It is an agency which will keep a close vigil on the nuclear programme of all the nations. (A) Only (i) (B) Only (ii) (C) Both (i) and (iii) only (D) Only (iii) (E) Both (i) and (ii) only 35. Many times we read about Future Trading in newspapers. What is Future Trading ? (i) It is nothing but a trade between any two stock exchanges wherein it is decided to purchase the stocks of each other on a fixed price throughout the year. (ii) It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price.

(iii) It is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period of time. (A) Only (i) (B) Only (ii) (C) Only (iii) (D) All (i), (ii) and (iii) (E) None of these 36. Inflation in India is measured on which of the following indexes/indicators ? (A) Cost of Living Index (COLI) (B) Consumer Price Index (CPI) (C) Gross Domestic Product (D) Wholesale Price Index (WPI) (E) None of these 37. As per the reports published in the newspapers a section of society staged a demonstration at the venue of the G-8 Summit recently. What was/were the issues towards which these demonstrators were trying to draw the attention of G-8 leaders ? (i) Food shortage which has taken 50 million people in its grip. (ii) Inflation which has gone up substantially across the Globe. (iii) USA s consistent presence in Iraq. (A) Only (i) (B) Only (ii) (C) Only (iii) (D) Both (i) and (ii) only (E) None of these 38. Hillary Clinton formally suspended her campaign to ensure election of who amongst the following for the next President of USA ? (A) George Bush

(B) Barack Obama (C) John McCain (D) Bill Clinton (E) None of these 39. Hugo Chavez whose name was recently in news is the (A) President of Congo (B) Prime Minister of Uganda (C) President of Venezuela (D) Prime Minister of Brazil (E) None of these 40. The Govt. of India has raised the amount of the Loan Waiver to the farmers by 20%. Now the amount is nearly (A) Rs. 60,000 crore (B) Rs. 65,000 crore (C) Rs. 72,000 crore (D) Rs. 76,000 crore (E) Rs. 80,000 crore 41. Delimitation Commission has made a recommendation that next Census should be Panchayat-wise. When is the next Census due ? (A) 2010 (B) 2011 (C) 2012 (D) 2013 (E) 2015 42. The World Health Organisation has urged that advertisements of which of the following should be banned to protect youth from bad effects of the same ? (A) Tobacco

(B) Alcoholic drinks (C) Junk Food (D) Soft drinks with chemical preservatives (E) None of these 43. Which of the following countries has allocated a huge amount of US $ 10 billion to provide relief to its earthquake victims ? (A) Japan (B) South Korea (C) China (D) South Africa (E) None of these 44. India and Nepal have many agreements on sharing of the water of various rivers. Which of the following rivers is not covered under these agreements ? (A) Kosi (B) Gandak (C) Ganga (D) Mahakali (E) All these rivers are covered 45. Which of the following names is not closely associated with space programme of India or any other country ? (A) CARTOSAT (B) NLS 5 (C) RUBIN 8 (D) GSLV (E) SCOPE 46. Vijay Hazare Trophy is associated with the game of (A) Hockey

(B) Cricket (C) Badminton (D) Football (E) Golf 47. Which of the following was the theme of the Olympic Torch ? (A) Journey of Harmony (B) Green World Clean World (C) Journey of Peace (D) Journey for Hunger-free World (E) None of these 48. Which of the following schemes is not a social development Scheme ? (A) Indira Awas Yojana (B) Mid Day Meal (C) Bharat Nirman Yojana (D) Sarva Shiksha Abhiyan (E) All are social schemes 49. Which of the following is not a member of the ASEAN ? (A) Malaysia (B) Indonesia (C) Vietnam (D) Britain (E) Singapore 50. Which of the following Awards are given for excellence in the field of Sports ? (A) Kalinga Prize (B) Shanti Swarup Bhatnagar Award

(C) Arjun Award (D) Pulitzer Prize (E) None of these Answers : 1. (E) 2. (B) 3. (A) 4. (D) 5. (C) 6. (C) 7. (D) 8. (C) 9. (A) 10. (E) 11. (D) 12. (D) 13. (C) 14. (D) 15. (D) 16. (E) 17. (C) 18. (C) 19. (A) 20. (D) 21. (D) 22. (E) 23. (B) 24. (B) 25. (C) 26. (E) 27. (E) 28. (D) 29. (E) 30. (A) 31. (C) 32. (A) 33. (D) 34. (B) 35. (B) 36. (D) 37. (B) 38. (B) 39. (C) 40. (A) 41. (B) 42. (A) 43. (C) 44. (C) 45. (E) 46. (B) 47. (A) 48. (C) 49. (D) 50. (C

The President of the Palestine recently emphasized that his country will not resume peace talks until Israel fully halts settlement building in the (A) West Bank (B) Haifa (C) Gaza (D) Tel-Aviv-Yafo (E) Jerusalem Ans : (A) 2. All the major world leaders gathered in Berlin in Nov. 2009 to mark the 20th anniversary of (A) European Union (B) NATO (C) Fall of Berlin Wall (D) G-20 (E) None of these Ans : (C) 3. Now almost all major newspaper journals and magazines are printing research reports giving the analysis and/or the causes of the sub-prime crisis which gripped America and the world a few months back. Which of the following was/were amongst the common cause(s) of the same ? (They were present in almost all the economies) (1) The problem was that investors erroneously believed property prices were quite predictable and built a whole edifice of financial planning on the back of the American housing market. (2) Credit rating agencies all over the world were not equipped to forecast the effect of sub-prime crisis on world economy. Agencies were over-confident and did not react in time. (3) Neither USA nor other countries took a note of the crisis in time. In fact they ignored it for quite some time. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) Only 1 and 2

Ans : (A) 4. If you see a big hoarding at a prominent public place, the punch line of which says We All Were Born Free; We All Have Equal Rights, in all probability, the hoarding is put up by (A) National Commission for Farmers (B) National Human Rights Commission (C) Directorate of Income Tax (D) Ministry of Foreign Affairs (E) Union Public Service Commission Ans : (B) 5. Nowadays we frequently read news items about Derivatives as used in the world of finance and money market. Which of the following statement(s) correctly describes what a derivative is and how it affects money/finance markets ? (1) Derivatives enable individuals and companies to insure themselves against financial risk. (2) Derivatives are like fixed deposits in a bank and are the safest way to invest ones idle money lying in a bank. (3) Derivatives are the financial instruments which were used in India even during the British Raj. (A) Only 3 (B) Only 2 (C) Only 1 (D) All 1, 2 and 3 (E) None of these Ans : (B) 6. Many a time we read in the newspapers that RBI has changed or revised a particular ratio/rate by a few basis points. What is basis point ? (A) Ten per cent of one hundredth point (B) One hundredth of 1% (C) One hundredth of 10% (D) Ten per cent of 1000 (E) None of these Ans : (B) 7. Which of the following issues cannot come under the purview of the functioning of the Human Rights Commission of a country ? (A) Racial Discrimination (B) Treatment to Prisoners of War (C) Human Trafficking (D) Child Abuse (E) Climate Migration Ans : (E) 8. A prominent international weekly sometime ago printed a caption on its cover page which read Brazil Takes Off. Other major newspapers/magazines also printed similar stories/articles in their publications at that time. Why have magazines/newspapers decided to talk about Brazil these days ? (1) All major economies of the world have been taking time to recover from the recession but Brazil was one of those which was Last in and First outBrazil is a member of BRIC but unlike China it is a democracy, unlike India, it has no hostile

neighbours, no insurgents and unlike Russia it exports more oil and arms and treats foreign investors with more respect. (3) Brazil is the worlds second largest booming economy. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) Only 1 and 2 Ans : (A) 9. Which of the following countries has conferred the honour of Legion d honneur on Bharat Ratna Lata Mangeshkar ? (A) Germany (B) Norway (C) Japan (D) U.K. (E) France Ans : (E) 10. Expand the term NREGA (A) National Rural Employment Guarantee Agency (B) National Rural Electrification Governing Agency (C) National Rural Employment Guarantee Act (D) New Rural Employment Guarantee Agency (E) None of these Ans : (C) 11. The Rajya Sabha has recently cleared the new poll bill. Which one of the following amendment(s) is/are made in this bill ? It has proposed (A) Increasing the security deposits to more than double (B) Restricting the publication of exit polls (C) Ensuring speedy disposal of electoral disputes (D) Only (A) and (B) (E) All (A), (B) and (C) Ans : (D) 12. The market in which long term securities such as stocks and bonds are bought and sold is commonly known as (A) Commodities Exchange (B) Capital Market (C) Bull Market (D) Bullion Market (E) None of these Ans : (B) 13. Which one of the following was Indias top destination for exports during 2009 ? (A) UAE (B) USA (C) Russia (D) China (E) Bangladesh

Ans : (A) 14. Which one of the following will be the first High Court in India, to implement the concept of ecourts ? (A) Delhi (B) A.P. (C) Chennai (D) Kolkata (E) None of these Ans : (A) 15. Amongst the following, which one of the following sectors provides the highest contribution in Industrial Production Index ? (A) Crude Oil (B) Petro Refinery Products (C) Electricity (D) Coal (E) None of these Ans : (C) 16. Amongst the following sectors, which sector/segment has shown the highest per cent growth in the current fiscal ? (A) Mining (B) Manufacturing (C) Electricity, gas and water supply (D) Banking and Finance (E) None of these Ans : (B) 17. As per the reports published in newspapers, India purchased around 200 tonnes of gold (almost half the quantity of gold put up for sale) in Sept. 2009. India purchased this gold from which of the following organizations ? (A) World Bank (B) Asian Development Bank (C) International Monetary Fund (D) International Gold Council (E) None of these Ans : (C) 18. World Trade Organisation (WTO)s ministerial meeting was organized in which of the following cities recently ? (A) Geneva (B) Washington (C) Paris (D) Port of Spain (E) None of these Ans : (A) 19. In which one of the following countries, was the recent Commonwealth Meet (CHOGAM) held ? (A) Trinidad (B) Canada

(C) Australia (D) Jamaica (E) U.K. Ans : (A) 20. Which of the following decisions taken by the RBI will promote the concept of financial inclusion in the country ? (A) To appoint some additional entities as business correspondents (B) To collect reasonable service charges from the customer in a transparent manner for providing the services. (C) To ask the banks to open at least 50 new accounts daily in non serviced areas. (D) Only (A) and (B) (E) None of these Ans : (E) 21. For recapitalization of Public Sector Banks, the World Bank has decided to provide funds to India. These funds will be made available in the form of (A) Soft Loan (B) Term Loan (C) Emergency aid (D) Grants (E) None of these Ans : (A) 22. Citizens of which one of he following age-groups (in years) are covered under the New Pension System (NPS) ? (A) 1850 (B) 2155 (C) 2555 (D) 1860 (E) None of these Ans : (D) 23. Which one of the following is the objective of the flagship scheme Rashtriya Swasthya Bima Yojana (RSBY) ? (A) To provide life insurance cover to rural households (B) To provide health insurance cover to rural households (C) To provide both life and health insurance cover to rural household (D) To provide life and health insurance covers only to people living below poverty line (E) None of these Ans : (D) 24. Which one of the following had set up the N. R. Narayana Murthy Committee on issues relating to Corporate Governance ? (A) SEBI (B) RBI (C) CII (D) Ministry of Finance, GOI (E) None of these Ans : (A) 25. The proceeds of the disinvestment of profitable public sector units will be used for which of

the following purposes ? (A) Expansion of existing capacity of PSEs (B) Modernisation of PSEs (C) Opening of new PSEs (D) Meeting the expenditure for various social sector schemes (E) None of these Ans : (D) 26. Which one of the following is the target fixed for fiscal deficit in the year 2010-2011 ? (A) 35% (B) 40% (C) 55% (D) 50% (E) None of these Ans : (C) 27. Which one of the following companies is the largest producer of natural gas in the country ? (A) ONGC (B) OIL (C) Cairn India (D) RIL (E) None of these Ans : (A) 28. Which one of the following states has sought a package of Rs. 500 crores ($ 100 million) for its Rural Poverty Reduction Programme ? (A) M.P. (B) Tamil Nadu (C) A.P. (D) Karnataka (E) None of these Ans : (C) 29. Chinese objections have stalled the road work at the village of Demchok, on the Indian side of the line of control. In which one of the following states is this village located ? (A) Arunachal Pradesh (B) Assam (C) Himachal Pradesh (D) Rajasthan (E) None of these Ans : (E) 30. Constitutionally, which one of the following can levy Service Tax ? (A) Union Govt. only (B) State Govt. only (C) Union Territory Govt. only (D) All of these (E) None of these Ans : (D) 31. In the proposed low cost pension scheme, which one of the following has been made responsible for maintaining of the records of pension account of an individual ?

(A) SIDBI (B) National Securities Depositories Ltd. (NSDL) (C) Stock Holding Corporation of India (D) RBI (E) None of these Ans : (B) 32. Which one of the following is/are implication(s) of large inflow of foreign exchange into the country ? 1. It makes monetary management difficult for RBI. 2. It creates money supply, asset bubbles and inflation. 3. It weakens the competitiveness of Indian exports. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 3 (E) All 1, 2 and 3 Ans : (B) 33. The Central Banks of which one of the following countries has offered $ 115 billion emergency credit to support its economy hit by falling prices and also to strengthen its currenc (A) South Korea (B) Japan (C) U.K. (D) USA (E) None of these Ans : (B) 34. Which of the following books is written by Chetan Bhagat ? (A) The Golden Gate (B) A House for Mr. Biswas (C) 2 States (D) White Tiger (E) None of these Ans : (C) 35. NTPC Ltd. is in the process of exploring opportunities to source coal from overseas. In which one of the following countries has the NTPC identified two new coal mines ? (A) Bhutan (B) Australia (C) South Korea (D) Indonesia (E) None of these Ans : (D) 36. Which of the following organizations has raised its loan amount to India to make it US $ 7 billion in 2009-10 fiscal ? (A) Asian Development Bank (B) International Monetary Fund (C) World Bank (D) European Union

(E) None of these Ans : (C) 37. Who amongst the following cricket players became the first to score 17000 runs in One Day Internationals ? (A) Rahul Dravid (B) Stephen Fleming (C) Ricky Ponting (D) Sachin Tendulkar (E) None of these Ans : (D) 38. The Govt. of India has decided to use the Core Banking System of banks to ensure proper usage of funds provided for which of its following programmes ? (A) Literacy Mission (B) Pradhanmantri Gram Sadak Yojana (C) National Health Mission (D) All of these (E) None of these Ans : (A) 39. Famous Dada Saheb Phalke Award is given for exemplary work in the field of (A) Sports (B) Literature (C) Science & Technology (D) Social Service (E) None of these Ans : (E) 40. The Reverse Mortgage Scheme was launched by some organizations a few years back. This was done to help which of the following sections of society ? (A) Beneficiaries of the NREGA (B) People living Below Poverty Line (C) Youngsters (D) Senior Citizens (E) None of these Ans : (D) 41. The organization of the South East Asian countries is known as (A) OPEC (B) ASEAN (C) NATO (D) UNCTAD (E) SAARC Ans : (B) 42. Miss Earth 2009 title has been conferred upon (A) Alejandra Pedrajas (B) Sandra Saifert (C) Jessica Barboza (D) Larissa Ramos (E) None of these

Ans : (D) 43. Which of the following countries became the third largest producer of Steel in the world in 2009 ? (A) China (B) India (C) USA (D) Japan (E) None of these Ans : (B) 44. The Foreign Trade policy is announced recently by the Govt. of India. Which of the following ministries/agencies announce the same ? (A) Reserve Bank of India (B) Export Import Bank of India (EXIM Bank) (C) Ministry of Foreign Affairs (D) Ministry of Commerce & Industry (E) None of these Ans : (D) 45. Irina Bokova has taken over as the Chief of the (A) ILO (B) UNICEF (C) OPEC (D) UNO (E) UNESCO Ans : (E) 46. Dorjee Khandu has taken over as the Chief Minister of (A) Meghalaya (B) Uttarakhand (C) Arunachal Pradesh (D) Assam (E) None of these Ans : (C) 47. Which of the following terms is used in the game of Football ? (A) Caddy (B) Cutback (C) Mid-on (D) Love (E) None of these Ans : (B) 48. Which of the following is considered a Non Food Crop ? (A) Wheat (B) Maize (C) Bajra (D) Rice (E) Jute Ans : (E) 49. Who amongst the following was the Prime Minister of Nepal immediately prior to Madhav

Kumar Nepal ? (A) Ram Baran Yadav (B) Pushpakamal Dahal (C) Girija Prasad Koirala (D) Mahendra Kumar Suryavanshi (E) None of these Ans : (B) 50. The 10th India-European Summit was held in New Delhi in November 2009. Who amongst the following represented India and also chaired the same ? (A) S. M. Krishna (B) Pratibha Patil (C) Pranab Mukherjee (D) Manmohan Singh (E) None of these Ans : (D)

Computer General Awareness Solved Paper for Allahabad Bank PO Exam

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1. Programs from the same developer , sold bundled together , that provide better integration and share common features , toolbars and menus are known as . (A) software suites (B) integrated software packages (C) software processing packages (D) personal information managers (E) none of these 2. A data warehouse is which of the following ? (A) Can be updated by the end users (B) Contains numerous naming conventions and formats (C) Organized around important subject areas (D) Contains only current data (E) None of these 3. ______________ servers store and manages files for network users. (A) Authentication (B) Main (C) Web (D) File (E) None of these 4. All of the following are examples of real security and privacy risks Except _____ (A) hackers (B) spam (C) viruses (D) identify theft (E) None of these 5. ___________ terminals (formerly known as cash registers) are often connected to complex

inventory and sales computer systems . (A) Data (B) Sales (C) Query (D) (Point-of-sale (POS) (E) None of these 6. The OSI model is divided into _______ processes called layers. (A) five (B) six (C) seven (D) eight (E) None of these 7. System software is the set of programs that enables your computers hardware devices and ______ software to work together. (A) management (B) processing (C) utility (D) application (E) None of these 8. ________ are specially designed computer chips reside inside other devices, such as your car or your electronic thermostat. (A) Servers (B) Embedded computers (C) Robotic computers (D) Mainframes (E) None of these 9. The following are all computing devices , except (A) notebook computers (B) cellular telephones (C) digital scanners (D) personal digital assistants (E) None of these 10. in a ring topology , the the computer in possession of the ______ can trasmit data (A) packet (B) data (C) access method (D) token (E) None of these 11. This part of operating system manages the essential peripherals, such as the keyboard, screen , disk drives, and parallel and serial ports ____ (A) basic input/output system (B) secondary input/output system (C) peripheral input/output system (D) marginal input/output system (E) None of these 12. ________ Viruses are often transmitted by a floppy disk left in the floppy drive

(A) Trojan horse (B) Boot sector (C) Script (D) Logic bomb (E) None of these 13. ________ controls the way in which the computer system functions and provides a means by which users can interact with the computer (A) The platform (B) Application software (C) Operating system (D) The motherboard (E) None of these 14. Servers are computers that provide resources to other computers connected to a ___________ (A) mainframe (B) network (C) supercomputer (D) client (E) None of these 15. A goal of data mining includes which of the following? (A) To explain some observed event or condition (B) To confirm that data exists (C) To analyze data for expected relationships (D) To create a new data warehouse (E) None of these 16. URL stands for .. (A) Universal Research List (B) Universal Resource List (C) Uniform Resource Locator (D) Uniform Research Locator (E) None of these 17. A database management system (DBMS) is a (A) hardware system used to create , maintain and provide controlled access to a database (B) hardware system used to create, maintain, and provide uncontrolled access to a database. (C) software system used to create, maintain, and provide uncontrolled access to a database. (D) software system used to create, maintain, and provide controlled access to a database. (E) None of these 19. A Proxy server is used for which of the following? (A) To provide security against unauthorized users (B) To process client requests for web pages (C) To process client requests for database access (D) To provide TCP/IP (E) None of these 20. When data changes in multiple lists and all lists are not updated, this causes: (A) data redundancy (B) information overload (C) duplicate data

(D) data inconsistency (E) None of these 21. _____________ are words that a programming language has set aside for its own use. (A) Control worlds (B) Reserved words (C) Control structures (D) Reserved keys (E) None of these 23. ______ describe what is database fields. (A) Structures (B) Field markers (C) Field definition (D) Field names (E) None of these 24. You must install a (n) ____________ on a network if you want to share a broadband Internet connection. (A) router (B) modem (C) node (D) cable (E) None of these 25. A goal of normalization is to __________ (A) minimize the number of relationships (B) minimize the number of entities (C) minimize the number of tables (D) minimize the number of redundancy (E) None of these 26. Granting an outside organization access to internet web pages is often implemented using a (n) ____ (A) extranet (B) intranet (C) internet (D) hacker (E) None of these 27. Which term identifies a specific computer on the web and the main page of the entire site (A) URL (B) Web site address (C) Hyperlink (D) Domain name (E) None of these 28. The code that relational database management systems use to perform their database task is referred to as .. (A) QBE (B) SQL (C) OLAP (D) Sequel Server

(E) None of these 29. Chip is a common nickname for a (n): (A) transistor (B) resistor (C) integrated circuit (D) semiconductor (E) None of these 30. The purpose of the primary key in a database is to: (A) unlock the database (B) provide a map of the data (C) uniquely identify a record (D) establish constraints on database operations. (E) None of these 31. The design of the network is called the network: (A) architecture (B) server (C) transmission (D) type (E) None of these 32. The most frequently used instructions of a computer program are likely to be fetched from: (A) the hard disk (B) cache memory (C) RAM (D) registers (E) None of these 33. The ____________ contains data descriptions and defines the name, data type, and length of each field in the database. (A) data dictionary (B) data table (C) data record (D) data field (E) None of these 34. Personal logs or journal entries posted on the Web are known as: (A) listservs (B) Webcasts (C) blogs (D) subject directories (E) None of these 35. A(n) _______ uses pictures (called icons) and menus displayed on the screen to send commands to the computer system. (A) command based user interface (B) GUI (C) system utility (D) API (E) None of these 36. Which of the following is NOT a type of broadband Internet connection?

(A) Cable (B) DSL (C) Dial-up (D) Satellite (E) None of these 37. Software, such as viruses, worms and Trojan horses, that has a malicious intent, is known as: (A) spyware (B) adware (C) spam (D) malware (E) None of these 38. Making a field ______ means that it cannot be left blank. (A) numeric (B) required (C) calculated (D) validated (E) None of these 39. ____________ are viruses that are triggered by the passage of time or on a certain date. (A) Boot-sector viruses (B) Macro viruses (C) Time bombs (D) Worms (E) None of these 40. Linux is a (n) ____________ operating system. (A) open-source (B) Microsoft (C) Windows (D) Mac (E) None of these 41. What is a backup? (A) Restoring the information backup (B) An exact copy of a systems information (C) The ability to get a system up and running in the event of a system crash or failure (D) All of these (E) None of these 42. Which of the following places the common data elements in order from smallest to largest (A) character, file, record, field, database (B) character, record, field, database, file (C) character, field, record, file, database (D) Bit, byte, character, record, field, file, database, (E) None of these 43. The internet is (A) a large network of networks (B) an internal communication system for a business (C) a communication system for the Indian government (D) All of these

(E) None of these 44. ____________ are lists of commands that appear on the screen. (A) GUIs (B) Icons (C) Menus (D) Windows (E) None of these 45. Which of the following statements is FALSE concerning file names? (A) Files may share the same name or the same extension but not both (B) Every file in the same folder must have a unique name (C) File extension is another name for file type (D) The file extension comes before the dot (.) followed by the file name (E) None of these 46. Verification of a login name and password is known as: (A) configuration (B) accessibility (C) authentication (D) logging in (E) None of these 47. Which of the following would most likely NOT be a symptom of a virus? (A) Existing program files and icons disappear. (B) The CD-ROM stops functioning. (C) The Web browser opens to an unusual home page. (D) Odd messages or images are displayed on the screen. (E) None of these

Marketing Aptitude Questions for Banking

1. The Indian Economy will grow as per the estimates given by the Asian Development Bank (ADB) at which of the following rates in 2008 ? (A) 6.7% (B) 7.5% (C) 8.5% (D) 8% Ans (D)

2. Government has notified the hike in Foreign Direct Investment (FDI) limit for Public Sector Undertakings refineries. The new FDI limit is (A) 26% (B) 49%

(C) 51% (D) 75% Ans: (B)

3. As per the report on State of Forest released on February 13, 2008, what is the percentage coverage of forest area in the total geographical area of the country ? (A) 22.20% (B) 21.30% (C) 20.60% (D) 19.90% Ans: (C)

4. 13th Finance Commission has been constituted under the Chairmanship of (A) Y. S. P. Thorat (B) Vijai L. Kelkar (C) T. S. Vijayan (D) Laxmi Narayan Ans: (B)

5. SEBI is a (A) Statutory body (B) Advisory body (C) Constitutional body (D) Non-statutory body Ans: (A)

6. 15th SAARC Summit is scheduled to be held in July-August 2008. The changed venue of the summit is (A) New Delhi (B) Sri Lanka (C) Maldives (D) Bangladesh Ans: (B)

7. When was the SAARC established ? (A) On December 8, 1984 (B) On January 1, 1984

(C) On December 8, 1985 (D) On January 1, 1985 Ans: (C)

8. What is the present number of member countries of European Economic Community ? (A) 15 (B) 12 (C) 25 (D) 20 Ans: (B)

9. Which Committee recommended abolition of tax rebates under section 88 ? (A) Chelliah Committee (B) Kelkar Committee (C) Shome Committee (D) None of the above Ans: (B)

10. Which of the following countries is not the members of European Union ? (A) Switzerland (B) Malta (C) The Czeck Republic (D) Poland Ans: (A)

11. Pradhanmantri Bharat Jodo Pariyojna is related to (A) Communication (B) Social Integration (C) Linking of Rivers (D) Development of Highways Ans: (D)

12. Sagarmala is a name associated with (A) A drilling vessel (B) A project of port development (C) Oil well in Indian Ocean

(D) None of the above Ans: (B)

13. Tarapore Committee submitted its report on Full Convertibility on Rupee in (A) Current account (B) Capital account (C) Both in current as well as in capital account (D) Special Drawing Rights (SDR) Ans: (B)

14. The new President of FICCI (Federation of Indian Chambers of Commerce and Industry) is (A) K. C. Raina (B) V. P. Shetty (C) Rajiv Chandrashekhar (D) Som Mittal Ans: (C)

15. As per Revised Estimates for 2006-07 released by CSO, the growth rate for Indian economy has been estimated to be (A) 9.0% (B) 9.2% (C) 9.4% (D) 9.6% Ans: (D)

16. CENVAT is related to (A) Sales Tax (B) Excise Duty (C) Custom Duty (D) Service Tax Ans: (B)

17. Aam Admi Bima Yojana provides social security to (A) All labours in rural areas (B) All landless labours living below poverty line in rural areas (C) All labours in urban areas

(D) All labours in both rural as well as urban areas Ans: (B)

18. According to 2001 census urbanrural population ratio is about (A) 35 : 65 (B) 32 : 68 (C) 28 : 72 (D) 25 : 75 Ans: (C)

19. As per the final estimates of Ministry of Agriculture, the rice production for 2006-07 is estimated at (A) 80.11 MT (B) 90.0 MT (C) 93.4 MT (D) 101.60 MT Ans: (C)

20. According to 2001 census the state having highest urban population is (A) U.P. (B) Maharashtra (C) Tamil Nadu (D) Kerala Ans: (B)

21. The growth rate of construction sector for the year 2006-07 has been estimated at the level (A) 9.2% (B) 8.5% (C) 11.0% (D) 12.0% Ans: (D)

22. International Finance Corporation (IFC) has decided to fund an Ultra Mega Power Project in Gujarat. This project belongs to (A) Reliance Group (B) Tata Group (C) Birla Group

(D) NTPC Ans: (B)

23. Which states ranks first and last respectively in Education Development Index (EDI) prepared to track the progress of states towards providing universal elementary education ? (A) Kerala and Orissa respectively (B) Kerala and Bihar repectively (C) Andhra Pradesh and Orissa respectively (D) Karnataka and Bihar respectively Ans: (B)

24. Targeted power capacity addition for 11th plan period is (A) 41110 MW (B) 66463 MW (C) 68963 MW (D) 86283 MW Ans: (B)

25. During 2006-07 which sector has shown the highest growth rate ? (A) Service Sector (B) Manufacturing Sector (C) Transport and communication (D) Agriculture Sector Ans: (C)

26. The Ex-officio Secretary of NDC is (A) Secretary of Finance Ministry (B) General Secretary of Lok Sabha (C) Secretary of Planning Commission (D) Vice Chairman of Planning Commission Ans: (C)

27. 15th SAARC Summit was held in JulyAugust 2008. The venue of the summit was (A) New Delhi (B) Sri Lanka (C) Maldives

(D) Bangladesh Ans: (B)

28. In National Mineral Policy (1993) which mineral was allowed for having investment from private sector (A) Coal (B) Iron (C) Gold (D) Platinum Ans: (A)

29. The share of road transport in total transport of the country is (A) 20% (B) 40% (C) 60% (D) 80% Ans: (D)

30. 11th National Conference on e-governance was held on 78 February, 2008 at (A) Gurgaon (Haryana) (B) Chandigarh (C) Mohali (Punjab) (D) Panchkula (Haryana) Ans: (D)

31. Which percentage of Central Taxes have been recommended by the 12th Finance Commission to be transferred to States ? (A) 28.5% (B) 29.5% (C) 30.5% (D) 31.5% Ans: (C)

32. Which state possesses the maximum percentage of SC population ? (A) U.P. (B) M.P. (C) Kerala

(D) Punjab Ans: (D)

33. Government has decided to cover all districts of the country in National Rural Employment Guarantee Programme (NREGP) (A) Upto January 1, 2008 (B) Upto March 31, 2008 (C) w.e.f April 1, 2008 (D) w.e.f. April 1, 2009 Ans: (B)

34. What is NIKKEI ? (A) Share Price Index of Tokyo Share Market (B) Name of Japanese Central Bank (C) Japanese name of Countrys Planning Commission (D) Foreign Exchange Market of Japan Ans: (A)

35. Which statement is correct for Indian Planning Commission ? (A) It is not defined in Indian Constitution (B) Members and vice-chairman of it do not have fixed working duration (C) Members do not require any minimum education (D) All of these Ans: (D)

36. Which State of the following has adopted VAT (Value Added Tax) w.e.f. January 1, 2007 ? (A) Tamil Nadu (B) Uttar Pradesh (C) Gujarat (D) Goa Ans: (A)

37. Service Tax revenue collection for 200708 (Budget estimates) was proposed at Rs. 50,200 crore but the revised estimates remained at (A) Rs. 50,603 crore (B) Rs. 52,603 crore (C) Rs. 64,460 crore

(D) Rs. 64,640 crore Ans: (A)

38. NABARD was established on the recommendation of (A) Public Account Committee (B) Shivaraman Committee (C) Narsimham Committee (D) None of these Ans: (B)

39. Sampurna Gramin Rojgar Yojana has been launched from (A) 1st April, 2001 (B) 25th Sept., 2001 (C) 30th Sept., 2001 (D) No scheme of such title has yet launched Ans: (B)

40. Which company is providing mobile service with name Cell one to the consumers ? (A) MTNL (B) BSNL (C) Reliance Infocom (D) Bharti Tele Ans: (B)

41. VAT is imposed (A) Directly on consumer (B) On final stage of production (C) On first stage of production (D) On all stages between production and final sale Ans: (D)

42. The newly elevated person as Joint ChairmancumManaging Director of National Aviation Company of India Ltd. (NACIL) is (A) S. Sridhar (B) Viswapati Trivedi (C) Rajiv Chandrashekhar

(D) Venugopal Dhoot Ans: (B)

43. Kutir Jyoti scheme is associated with (A) Promoting cottage industry in villages (B) Promoting employment among rural unemployed youth (C) Providing electricity to rural families living below the poverty line (D) All of these Ans: (C)

44. Novelis has been acquired and merged with (A) Tata Steels (B) SAIL (C) HINDALCO (D) Jindal Steels Ans: (C)

45. OTCEI is (A) Atomic Submarine of China (B) Economic policy of USA (C) An Indian Share Market (D) A defence research organisation Ans: (C)

46. The New Chairman of SEBI (Securities and Exchange Board of India) is (A) M. Damodaran (B) C. B. Bhave (C) Venugopal Dhoot (D) Sunil K. Munjal Ans: (B)

47. Gross Budgetary Support (GBS) for 200809 as per document of 11th plan stands at Rs. 2,28,725 crore but in budget proposals for 200809 it has been raised to (A) Rs. 2,23,386 crore (B) Rs. 2,43,386 crore (C) Rs. 2,63,386 crore

(D) Rs. 28,456 crore Ans: (B)

48. The base of Consumer Price Index for Industrial Workers is being shifted from 1982 to (A) 1995 (B) 1998 (C) 2000 (D) 2001 Ans: (D)

49. In Budget proposals for 200809, which of the following gives 24% contribution in revenue collection of union government ? (A) Income Tax (B) Excise (C) Corporation Tax (D) Non-tax Revenue Ans: (C)

50. The base year of present Consumer Price Index (CPI) for Urban Non-Manual Employees (CPIUNME) is (A) 1980-81 (B) 1981-81 (C) 1982-83 (D) 1984-85 Ans: (D)

51. CAPART is related with (A) Assisting and evaluating rural welfare programmes (B) Computer hardware (C) Consultant service of export promotion (D) Controlling pollution in big industries Ans: (A)

52. Note issuing deptt. of RBI should always possess the minimum gold stock of worth (A) Rs. 85 crore (B) Rs. 115 crore (C) Rs. 200 crore

(D) None of these Ans: (B)

53. Which of the following does not grant any tax rebate ? (A) National Saving Certificate (B) Indira Vikas Patra (C) National Saving Scheme (D) Public Providend Fund Ans: (B)

54. Ad hoc Treasury Bill System of meeting budget deficit in India was abolished on (A) 31 March, 1997 (B) 31 March, 1996 (C) 1 April, 1992 (D) 1 April, 1995 Ans: (A)

55. SEBI was established in (A) 1993 (B) 1992 (C) 1988 (D) 1990 Ans: (C)

56. The working of SEBI includes (A) To regulate the dealings of share market (B) To check the foul dealings in share market (C) To control the inside trading of shares (D) All of these Ans: (D)

57. The Ad hoc Treasury Bill System of meeting budget deficit in India was replaced by Ways and Means Advances System which has come into force on (A) March 31, 1997 (B) April 1, 1996 (C) April 1, 1997

(D) None of these Ans: (C)

58. Fiscal deficit as a percentage of GDP was 40% in 200405 which sliped down in 200809 (Budget Estimates) to (A) 3.2% (B) 2.8% (C) 2.5% (D) 2.1% Ans: (C)

59. According to the Economic Survey 200708 during the period April 3, 2007 and February 6, 2008 Indian rupee appreciated against US dollar by (A) 5.6% (B) 6.8% (C) 8.9% (D) 9.3% Ans: (C)

60. Which statement of the following is true for IMF ? (A) It is not an agency of UNO (B) It can grant loan to any country of the world (C) It can grant loan to state Govt. of a country (D) It grants loan only to member nations Ans: (D)

61. For 2006-07, agriculture growth rate has been estimated at (A) 3.8% (B) 5.9% (C) 0.0% (D) 6.3% Ans: (A)

62. Which of the following is public sector organisation ? (1) FCI Food Corporation of India (2) FCI Fertilizer Corporation of India (3) Cotton Corporation of India

(4) Jute Corporation of India (A) Only 1 and 2 (B) Only 2, 3 (C) Only 3, 4 (D) All of these Ans: (D)

63. Which day has been declared as Balika Diwas (Girl Day) by the Ministry of Woman and Children Development ? (A) April 5, every year (B) July 9, every year (C) October 9, every year (D) December 9, every year Ans: (D)

64. For RIDF-XIII, allocation in Union Budget 2006-07 was (A) Rs. 4500 crore (B) Rs. 5500 crore (C) Rs. 10000 crore (D) Rs. 12000 crore Ans: (D)

65. The birth rate and death rate for the year 2006 have been estimated as (A) 26.2 and 8.1 per thousand respectively (B) 24.8 and 8.0 per thousand respectively (C) 23.8 and 7.6 per thousand respectively (D) 23.5 and 7.5 per thousand respectively Ans: (D)

66. Central Issue price of foodgrains under TPDS includes price for BPL and APL (below poverty line and above poverty line). What is the difference between the two ? (A) Price for APL is double of BPL price (B) Price for BPL is one-third of APL price (C) Difference of Rs. 500 per Qt. (D) Difference of Rs. 250 per Qt. Ans: (A)

67. What growth target government has estimated for the domestic crude production for the 11th Plan (200712) ? (A) 42% (B) 33% (C) 29% (D) 26% Ans: (D)

68. Rural women can avail the benefit of Mahila Samriddhi Yojana if they open their account in (A) Rural Post Offices (B) Commercial Banks (C) Rural Development Bank (D) Any of the above Ans: (A)

69. Agriculture sector registered 6% growth in 2005-06 and it is estimated for year 2007-08 at (A) Again 6% (B) 4.3% (C) 3.3% (D) 2.6% Ans: (D)

70. As per the second advanced estimates of Agricultural Production for the year 2007-08 released by the Ministry of Agriculture, Kharif production has been estimated at (A) 110.52 Million Tonnes (B) 112.24 Million Tonnes (C) 114.42 Million Tonnes (D) 115.9 Million Tonnes Ans: (D)

71. Mistry Committee in its final report recommends full capital account convertibility by (A) 2008 end (B) 2009 end (C) 2010 end (D) 2011 end Ans: (A)

72. Which committee recommended tax on Agriculture Holdings ? (A) Bhootlingam Committee (B) Wanchoo Committee (C) Raj Committee (D) None of these Ans: (D)

73. The Present Service Tax rate as proposed in Union Budget 2008-09 is (A) 8% (B) 9% (C) 10% (D) 12% Ans: (D)

74. The cause of deflation is (A) Lack of goods and services as compared to money supply (B) Lack of imports as compared to exports (C) Lack of money supply as compared to supply of goods and services (D) None of these Ans: (C)

75. Which of the following is a better measure of economic development ? (A) Employment (B) Size of exports (C) Rural consumption (D) National Income Ans: (D)

76. Which bank in India performs duties of Central Bank ? (A) Central Bank of India (B) State Bank of India (C) Reserve Bank of India (D) Above (A) and (B) Ans: (C)

77. Out of one Rupee expenditure, how much paise have been allotted for subsidy in 2008-09 budget proposals?

(A) 12 Paise (B) 10 Paise (C) 8 Paise (D) 7 Paise Ans: (C)

78. India Brand Equity Fund was established in (A) 1996 (B) 1997 (C) 1995 (D) 1992 Ans: (A)

79. Mixed Economy means (A) Co-existence of small and large industries (B) Promoting both Agriculture and Industries in the economy (C) Co-existence of public and private sectors (D) Co-existence of rich and poor Ans: (C)

80. Ministry of HRD has announced to hike FDI limit in Education to (A) 65% (B) 70% (C) 75% (D) 100% Ans: (D)

81. Pure Banking, Nothing Else is a slogan raised by (A) ICICI Bank (B) HDFC Bank (C) SBI (D) UTI Bank Ans: (C)

82. During 2006-07, External debt to GDP ratio in India stood at (A) 16.4% (B) 17.4%

(C) 17.8% (D) 15.8% Ans: (A)

83. Indian State having the lowest Infant Mortality Rate is (A) Maharashtra (B) Goa (C) Gujarat (D) Kerala Ans: (D)

84. Smart Money is a term used for (A) Internet Banking (B) Credit Card (C) Cash with Bank (D) Cash with Public Ans: (B)

85. Which of the following has the maximum share in GSM Mobile Phone Service Market ? (A) Vodafone (earlier Hutch) (B) Airtel (C) BSNL (D) Reliance Ans: (B)

86. The main objective of TRYSEM was (A) To train rural youth for self employment (B) To train urban youth for self employment (C) Both of the above (D) None of these Ans: (A)

87. The establishment of IORARC (Indian Ocean Rim Association for Regional Co-operation) was officially declared on (A) March 5, 1996 (B) March 5, 1997 (C) April 1, 1997

(D) August 15, 1947 Ans: (B)

88. Inside Trading is related to (A) Share Market (B) Horse racing (C) Taxation (D) Public Expenditure Ans: (A)

89. The largest source of National Income in India is (A) Service Sector (B) Agriculture (C) Industrial Sector (D) Trade Sector Ans: (A)

90. Public Sector means (A) Government ownership on commerce and trade (B) Capitalist ownership on commerce and trade (C) Private ownership on trade (D) None of these Ans: (A)

91. NABARD is (A) A bank (B) A board (C) A block (D) A department Ans: (A)

92. Indian Green Revolution is the most successful in (A) Wheat and Potato (B) Jwar and Oil Seeds (C) Wheat and Rice (D) Tea and Coffee Ans: (C)

93. The period of 10th plan in India was (A) 2000-2005 (B) 2001-2006 (C) 2002-2007 (D) 2003-2008 Ans: (C)

94. Economic Planning is in (A) Union list (B) State list (C) Concurrent list (D) Not any specified list Ans: (C)

95. Presently (from April 29, 2003) bank rate in India is (A) 7.0% (B) 6.75% (C) 6.25% (D) 6.0% Ans: (D)

96. Gross domestic savings as a proportion of GDP has been improving. What is the average percentage of gross domestic savings during the 10th plan ? (A) 26.4% (B) 31.4% (C) 34.8% (D) 35.2% Ans: (B)

97. 12th Finance Commission has recommended to merge and determine one single interest rate on various outstanding central loans to states having different interest rates. What is this recommended interest rate ? (A) 7.0% (B) 7.5% (C) 8.0% (D) 8.5% Ans: (B)

98. MRTP is related to (A) Monopoly and trade restrictions (B) Inflation control (C) Transport control (D) Foreign Exchange Regulations Ans: (A)

99. Interest Rate Policy is a part of (A) Fiscal Policy (B) Industrial Policy (C) Monetary Policy (D) None of these Ans: (C)

100. The basis of determining dearness allowance to employees in India is (A) National Income (B) Consumer Price Index (C) Standard of Living (D) Per Capita Income Ans: (B)

. Regulations that arise to ensure that firms take responsibility for the social costs of their products or production processes stem from which reason for government legislation of business? (a) To protect companies from each other (b) To protect consumers from unfair business practices (c) To protect the interests of society (d) To protect businesses from unfair consumer demands Ans : C

2. A three-day cooling off period in which buyers can cancel a contract after re-thinking it is to protect the consumer from: (a) creative selling (b) high pressure selling (c) detail selling (d) hard core selling Ans : B

3. One of the most promising developments in multivariable segmentation is called _____ where a host of demographic and socioeconomic factors are used (a) terragraphic segmentation (b) fermagraphic segmentation (c) geothermy segmentation (d) geodemographic segmentation Ans : D

4. One of the most common problems with using internal database information is that : (a) since it was probably collected for some other purpose, it may be incomplete or wrong. (b) it is usually expensive to retrieve. (c) top executives are usually unwilling to relinquish data, therefore, the data has limits. (d) the data is almost always unsecured and therefore, suspect as to reliability Ans : A

5. The last stage in the selling process is the _____ stage. (a) approach (b) handling objections (c) closing (d) follow-up Ans : D

6. When Coca-Cola and Nestle formed a joint venture to market a ready-to-drink coffee and tea worldwide, the type of marketing system that was formed would best be described as being a(n): (a) vertical marketing system (b) parallel marketing system (c) diversified marketing system (d) horizontal marketing system Ans : D

7. The major advantage of survey research is its : (a) simplicity (b) structure (c) organization (d) flexibility Ans : D

8. The _____ holds that consumers will favor products that are available and highly affordable (therefore, work on improving production and distribution efficiency) (a) product concept (b) production concept (c) production cost expansion concept (d) marketing concept Ans : B

9. A ____ is any activity or benefit offered for sale that is essentially intangible and does not result in the ownership of anything (a) demand (b) basic staple (c) product (d) service Ans : D

10. _____ is a persons distinguishing psychological characteristics that lead to relatively consistent and lasting responses to his or her own environment (a) Psychographics (b) Personality (c) Demographics (d) Lifestyle Ans : B

11. The place in the business buying behavior model where interpersonal and individual influence might interact is called the (a) environment (b) response (c) stimuli (d) buying center Ans : D

12. The course of a products sales and profits over its lifetime is called (a) the sales chart (b) the dynamic growth curve (c) the adoption cycle

(d) the product life cycle Ans : D

13. When companies make marketing decisions by considering consumers wants and the longrun interests of the company, consumer, and the general population, they are practicing which of the following principles? (a) Innovative marketing (b) Consumer-oriented marketing (c) Value marketing (d) Societal marketing Ans : D

14. All of the following are thought to be sources if new product ideas EXCEPT. (a) internal sources (b) customers (c) competitors (d) the local library Ans : D

15. If Honda uses its company name to cover such different products as its automobiles, lawn mowers, and motorcycles, it is practicing which of the following strategies? (a) new brand strategy (b) line extension strategy (c) multibrand strategy (d) brand extension strategy Ans : D

16. If a company (considering its options on the product/market expansion grid) chooses to move into different unrelated fields (from what it has ever done before) with new products as a means to stimulate growth, the company would be following which of the following general strategies? (a) market penetration (b) market development (c) product development (d) diversification Ans : D

17. When a marketing research organization chooses a segment of the population that represents the population as a whole, they have chosen a _____ (a) group (b) bi-variant population (c) sample (d) market target Ans : C

18. Joining with foreign companies to produce or market products and services is called (a) direct exporting (b) indirect exporting (c) licensing (d) joint venturing Ans : D

19. If advertising constantly sends out messages about materialism, sex, power, and status, which of the following categories of social criticism most closely matches this problem? (a) Too much advertising (b) Too few social goods (c) Cultural pollution (d) Too much political power Ans : C

20. A(n) ____ is a name, term, sign, symbol, or design, or a combination of these that identifies the marker or seller of a product or service. (a) product feature (b) sponsorship (c) brand (d) logo Ans : C

21. If an advertiser wants flexibility, timeliness, good local market coverage, broad acceptability and high believability, the advertiser will probably choose which of the following mass media types? (a) Newspapers (b) Television (c) Direct Mail

(d) Radio Ans : A

22. When producers, wholesalers, and retailers as a unified system, they comprise a (a) conventional marketing system (b) power-based marketing system (c) horizontal marketing system (d) vertical marketing system Ans : D

23. The type of trade-promotion discount in which manufacturers agree to reduce the price to the retailer in exchange for the retailers agreement to feature the manufactures products in some way is called (a) discount (b) allowance (c) premium (d) rebate Ans : B

24. The study of human populations in terms of size, density, location, age, gender, race, occupation, and other statistics is called : (a) Geothermy (b) Demography (c) Ethnography (d) Hemos-popography Ans : B

25. Today, advertising captures about ___ percent of total promotion spending (a) 15 (b) 23 (c) 29 (d) 33 Ans : B

26. The process that turns marketing strategies and plans into marketing actions in order to accomplish strategic marketing objectives is called : (a) Marketing strategy

(b) Marketing control (c) Marketing analysis (d) Marketing implementation Ans : D

27. The goal of the marketing logistics system should be to provide : (a) a targeted level of promotional support. (b) a targeted level of customer service at the least cost. (c) a targeted level of transportation expense ratio. (d) a targeted level of field support. Ans : B

28. The practice of going after a large share of a smaller market or subsets of a few markets is called : (a) undifferentiated marketing (b) differentiated marketing (c) concentrated marketing (d) turbo marketing Ans : C

29. The shrinking of distances due to technological advance such as computer and fax connections by telephone, are one characteristic of what new challenge to marketing? (a) Rapid globalization (b) The changing world economy (c) The call for more socially responsible marketing (d) The micro-chip revolution Ans : A

30. If Mark Mars pays Hershey Foods Corporation for the right to use their name on his line of Tshirts, then Mr. Mars is using which type of branding? (a) Licensed brand (b) Manufacturers brand (c) Private brand (d) Co-brand Ans : A

31. If your company were to make light bulbs to be used in photocopies, you would most likely be selling to a ______ market. (a) reseller (b) business (c) government (d) service Ans : B

32. _____ has the advantage of being high in selectivity; low cost, immediacy, and interactive capabilities (a) Direct Mail (b) Outdoor (c) Online (d) Radio Ans : C

33. If your company were to make a product such as a suit of clothes and sold that product to a retailer, your company would have sold to the _______market. (a) reseller (b) business (c) government (d) service Ans : A

34. In 1985, the Coca-Cola Company made a classic marketing blunder with its deletion of its popular Coca-Cola product and introduction of what it called New Coke. Analysts now believe that most of the companys problems resulted from poor marketing research. As the public demanded their old Coke back, the company relented and reintroduced Coca-Cola Classic (which has regained and surpassed its former position) while New Coke owns only 0.1 percent of the market. Which of the following marketing research mistakes did coca-Cola make? (a) They did not investigate pricing correctly and priced the product too high. (b) They defined not investigate dealer reaction and had inadequate distribution. (c) They defined their marketing research problem too narrowly (d) They failed to account for the Pepsi challenge taste test in their marketing efforts Ans : C

35. Marketers are sometimes accused of deceptive practices that lead consumers to believe they will get get more value than they actually do. ____ includes practices such as falsely advertising factory or wholesale prices or a large price reduction from a phony high retail price. (a) Deceptive promotion (b) Deceptive packaging (c) Deceptive pricing (d) Deceptive cost structure Ans : C

36. The advantages of audience selectivity, no ad competition and personalization apply to which type of media? (a) Newspapers (b) Television (c) Direct Mail (d) Radio Ans : C

37. The first modern environmental movement in the United States began in theAns : (a) 1940s (b) 1950s (c) 1960s and 1970s (d) mid 1980s Ans : C

38. Costs that do not vary with production or sales levels are called : (a) fixed costs (b) variable costs (c) standard costs (d) independent costs Ans : A

39. Each salesperson is assigned to an exclusive area in which to sell the companys full line of products or services in which type of sales force structure? (a) Territorial sales force (b) Product sales force (c) Customer sales force

(d) Hybrid sales force Ans : A

40. Techonological advances, shifts in consumer tastes, and increased competition, all of which reduce demand for a product are typical of which stage in the PLC? (a) decline stage (b) introduction stage (c) growth stage (d) maturity stage Ans : A

41. Setting the promotion budget so as to match the budgets of the competition is characteristic of which of the following budget methods? (a) Affordable method (b) Percentage-of-Sales method (c) Competitive-and-parity method (d) Objective -and-task method Ans : C

42. ____ is screening new-product ideas in order to spot good ideas and drop poor ones as soon as possible. (a) Idea generation (b) Concept development and testing (c) Idea screening (d) Brainstorming Ans : C

43. The type of sales force structure in which the sales force sells along product lines is called a (a) territorial sales force (b) product sales force (c) customer sales force (d) retail sales force Ans : B

44. A company is in the _____ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product idea can be turned into a workable product.

(a) product development (b) commercialization (c) marketing strategy (d) business analysis Ans : A

45. When personal interviewing involves inviting six to ten people to gather for a few hours with a trained interviewer to talk about a product, service, or organization, the method is called : (a) selective sponsorship (b) probing (c) focus group interviewing (d) the Delphi method Ans : C

46. All of the following factors can affect the attractiveness of a market segment EXCEPT : (a) the presence of many strong and aggressive competitors (b) the likelihood of government monitoring (c) actual or potential substitute products (d) the power of buyers in the segment Ans : B

47. If a government uses barriers to foreign products such as biases against a foreign companys bids, or product standards that go against a foreign companys product features, the government is using (a) protectionism (b) exchange controls (c) exchange facilitators (d) non-tariff trade barriers Ans : D

48. The choice between high markups and high volume is part of which of the following retailer marketing decisions? (a) Target market decisions (b) Product assortment and services decisions (c) Pricing decisions

(d) Promotion decisions Ans : C

49. One common misuse of marketing research findings in contemporary business is the tendency for marketing research to : (a) become a vehicle for pitching the sponsors products (b) become a vehicle for discriminating in the marketplace (c) become a means for raising prices (d) become a means for unfair competition Ans : A

50. The most logical budget setting method is found in the list below. Which is it? (a) Affordable method (b) Percentage-of-Sales method (c) Competitive-parity method (d) Objective-and-task method Ans : D