Solved paper of Account Assistant 2010

nk PO Socio-economic awareness, Bank clerical exams, State PCS & other important exams

SOLVED PAPER OF ACCOUNTS ASSISTANT IN KERALA
STATE HANDLOOM DEVELOPMENT CORPORATION LIMITED.
EXAM HELD ON 17-04-2010

1. Development bankers are also known as:
Financial institution

2. Drugs and cosmetic act came in to force on :
(a)1940
(b) 1955
(c) 1942
(d) 1960
Ans: (a) 1940

3. Agency for international standardization is known as :
ISO

4. The method of raising capital by a company through sale of shares or stock to the general public for the first time is :
Initial Public offer.
5. Which of the following is not the feature of lease financing?
(a) The lessee bears by the risk of obsolescence.
(b) The cost of repairs and maintenance are borne by the lessee.
(c) The lease cannot be cancelled.
(d)The Lease period is generally small.
Ans: The Lease period is generally small.

6. Which of the following is not the objective of Internal Check?
(a)Divisions of work among the staff.
(b)Errors and fraud are automatically discovered.
(c) Prevention of errors and frauds.
(d)Allow the staff to do any single work from beginning to end.
Ans: Allow the staff to do any single work from beginning to end.

7. Which of the following methods of inventory valuation results in higher valuation of inventory when there is a decreasing trend in prices?
(a)FIFO
(b)LIFO
(c)HIFO
(d)NIFO
Ans:LIFO

8. Which of the following is not related to Commercial Audit?
(a)Private commercial concern
(b)Professional auditors
(c) Compulsory Audit
(d) Audit is done periodically after a fixed period.
Ans: (c) Compulsory Audit.

9. Regional Rural Bank has been established on the recommend of :
Narasimhan committee.

10. A Derivative is a:
Derivative contract.

11. Which accounting principle that assumes the concern will last for long time?
Going concern.

12. The highest national forum for economy planning in India is :
National Development Council

13. Who is the author of “Principle of Management”?
Oliver Sheldon.

14. The home of cotton is :
India

15. Work simplifications is objective of :
Job analysis.

16. SEBI was established in the year:
1988
17. IRDA was established on the recommendation of :
R. N Malhotra Committee.

18. Price skimming means:
Fixing a price much higher than the cost of production.

19. Marginal cost price is adopted when?
The product is introduced in a new market.
20. Which is the oldest type of organisation?
(a) Line
(b)Line and Staff
(c)Functional
(d)Matrix.
Ans: (a) Line

21. Liners are the ships that move………. on definite routes touching fixed ports as per scheduled time:
(a) Passengers
(b)Cargo
(c) Both(a) and (b)
(d)None of these.
Ans:(c) Both(a) and (b)

22. The principle of esprit de corps is based on :
Union is strength.

23. Formal organization is created by:
Management.

24. Which of the following statement is false?
(a) Managers have authoritarian transactional style but leader have charismatic and transformational styles.
(b)Physiological needs are the most basic powerful and obvious of all human needs.
(c) Orientation training suitable for teaching skills that can be learnt in a relatively short time.
(d) “Power is supreme” is the main theme of X theory.
Ans: (c) Orientation training suitable for teaching skills that can be learnt in a relatively short time.
25. One of the important external sources of recruitment is :
Casual callers.

26. Which of the following is not the function of lower level management?
(a) Plan for a day or a week.
(b)Motivate employees
(c) Issue instructions at the site.
(d) Judges results.
Ans: Judges Results.

27. Small and medium enterprise is one which has investment in plant and machinery not exceeding:
Rs. 1 crore.

28. The instrument provided by the post office is generally:
Non-marketable.
29. Which of the following is not money market in instrument?
(a) Govt. bonds.
(b)Treasury bill.
(c)Certificate of deposits.
(d)Call money.
Ans: (a) Govt bonds.

30. Chain printer is a :
Line printer.

31. DML stands for:
Data Manipulation Language.

32. Liberalization means:
Opening the economy to the world market to attain international competitiveness.

33. National stock exchange was startup in the year:
1994.

34. Which of the following is not the feature of speculation?
(a) Speculation is made for a short period.
(b)Speculation involves high risk.
(c) The Main motive of speculation is to earn profit.
(d) Speculator uses his own funds.
Ans: (d) Speculator uses his own funds.

35. The main function of insurance is :
Providing certainty.

36. Uberrimaie Fidel means:
Ut most good faith.

37. Trade test are conducted to know:
The knowledge and skills of the trade.

38. Minimum wages are not generated in :
Merricks multiple plan.
39. Under co-partnership workers are offered:
Share of enterprise at reduced rates.

40. If a private company holds 25% of its paid-up capital of a public company, it will be?
Deemed to be public company.
41. Shares cannot be issued at a discount if :
It is a new company.

42. Buffer inventory means:
The inventory ensuring availability of materials at the time of uncertainty.
43. Statutory provident fund means:
A provident fund setup under the provisions of Provident fund act 1925.
44. Mathematically approach of management is associated with:
F.W.Taylor.
45. The first development bank established in India:
IFCI.
46. Which conference has given birth to International Monetary Fund?
Britton Woods conference.
47. When demand for a product is tied to the purchase of some parent product the demand is called:
Derived demand.
48. If a very small decrease in price leads to an unlimited increase in demand that demand is :
Perfectly elastic demand.

49. The additional revenue earned by selling an additional unit is called:
Marginal revenue.

50. The monopoly which may be created by Govt. to prevent wastages of capital equipment and to make essential commodities available at a cheap rate is :
Social monopoly.
51. The income of individuals which is left after meeting all necessary expenditures on essential items and all fixed liabilities is :
Discretionary income.

52. The firm produces a main product and a by – product are :
Joint product firm.
53. The assignment of work to a person according to his ability, education and skill is :
Division of labour.

54. Unity of command is the advantage of :
Line organization.

55. The acceptance of orders from another person due to his knowledge and skill is:
Technical authority.

56. A descriptive statement of the organizational relationship, responsibilities and duties on a given job is :
Job description.

57. The organization provides a stable environment in which employees can develop and exercise their skills is :
Academy culture.
58. If the purchases are made from a single or form a very few suppliers it is referred to as :
Concentrated buying.

59. The ships that move people and cargo on definite routes touching fixed port, as per scheduled time are:
The liners.

60. Which of the following is not related to ware house?
(a) It is always located near the factory
(b) It is aim for commercial purpose.
(c) It is meant for final produce.
(d) It holds goods as distribution centre.
Ans: (a) It is always located near the factory

61. Which of the following is not related to standardization?
(a) It is process of fixing standard.
(b)It is a mental process.
(c) It is applied in agricultural product only.
(d)IST stands for standardization.
Ans:(c) It is applied in agricultural product only.

62. Many consumers may share a strong desire for something that cannot be satisfied the existing products or services it is known as :
Latent demand.

63. The first chairman of the planning commission of India was :
Jawaharlal Nehru.

64. Which conference has given birth to TRIPS?
Uruguay round conference.

65. That portion of the costs which involves payment to outsiders is :
Out of pocket costs.

66. The objective of DRIP is to :
Exact sustainable employment opportunities in rural areas.

67. Tiny enterprises are one which has investment in plant and machinery not exceeding:
Rs.300 thousands.
68. The National Commission for women was set up in the year :
1990.

69. What is the nature of elasticity of demand for luxury items?
Elastic.

70. Who is the author of the book “Creative experience”?
Mary Parker Folatte.

71. Which of economy system occurred first?
(a) Laizes-fare
(b) Socialism
(c) Communism
(d)Capitalism.
Ans: (d) Capitalism.

72. National income may be determined through:
(a) Income approach
(b) Expenditure approach
(c) Productivity approach
(d)All of the above.
Ans: (d)All of the above.

73. Which one of the following is not involved in the characteristic of business ethics?
(a)Business ethics is a dynamic Philosophy.
(b)Business ethics is based on moral values.
(c)Business ethics is influenced by socio cultural value.
(d) Business ethics is not inspired by social welfare.
Ans:(d) Business ethics is not inspired by social welfare.

74. Management of sales force involves:
(a) Selection of sales man
(b) Compensation of sales man
(c) Training of sales man
(d) all of the above.
Ans: (d) all of the above.

75. Reducing the capital of a company is called:
Internal reconstruction.

76. Modern marketing concept emphasizes on :
Customer satisfaction.
77. Right shares enjoy preferential right as regards:
(a) Payment of retained earnings
(b)Payment of dividend
(c) Re payment of capital.
(d)None of the above.
Ans: (d) None of the above.

78. What is the operative function of Human Resource Management?
Integration
79. Social security benefit includes:
Old age pension.
80. Which of the following provide financial aid to the developing country’s of Asia?
(a) ADB
(b)IDA
(c)ASEAN
(d)IBRD.
Ans:(A) ADB

81. The number of approved stock exchange in India is :
24

82. The ………. plan adopted “Gareebi Hatao” for the first time:
The fifth plan

83. The profit calculated by Marginal Costing and Absorption Costing are different because of:
Valuation of stock.

84. Which of the following is not the method of forecasting demand?
(a) Collective opinion method
(b) Total out line method
(c) Expert opinion method
(d) Controlled experiment method.
Ans: (b) Total out line method.

85. When marginal utility is negative then total utility?
Decreases.

86. Who is the author of the book “Choice of Techniques”?
Amartya sen
87. ICICI Bank is a :
Private sector bank.

88. The competition among alternatives which satisfy a particular category of desire is called :
Generic competition.
89. According to David C Mc Clelland an individual’s major motive to work include need for :
(a) Achievement
(b)Affiliation
(c)Power
(d) All of the above.
Ans: (d) All of the above.
90. The term “executive” stands for :
The administrative executive.

91. Selection means:
Elimination.

92. The processes of inducing an employee in to the social set up of his work is :
Induction.

93. The oldest form of business organization is :
Sole proprietorships.
94. Manufacturing activity relates to :
Industry.
95. Psychological needs of man categorized by :
Maslow

96. Imperial bank of India was nationalized in:
1955.

97. In which year the Govt. of India introduced export and import policy (Exim policy) for the first time?
1985.

98. Creditorship security is also known as:
Debentures.

99. The important document in international trade is :
Landing bill.

100. If actual rent is Rs.24,000 per annum. Fai rent Rs.28,000 per annum. Standard rent Rs.20,000 than the gross amount value is :
Rs.20,000.

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Vijaya Bank PO Exam 2008 Solved paper : General Socio-Economic Awareness

Vijaya Bank PO Exam, 2008

(Held on 2–3–2008)
General Awareness on Socio-Economic Developments : Solved Paper

1. The Foreign Exchange Reserve of India are kept in the custody of……
(A) World Bank
(B) International Monetary Fund
(C) Prime Minister Rahat Kosh
(D) Reserve Bank of India
(E) None of these

Ans. (D) Reserve Bank of India

2. The Reserve Bank of India issues coins and notes of various denominations. At present RBI does not issue coins of which of the following denominations ?
(A) 10 paise
(B) 20 paise
(C) 25 paise
(D) 50 paise
(E) 1·00 Rupee

Ans. (B) 20 paise

3. The European Union has adopted which of the following as a common currency ?
(A) Dollar
(B) Dinar
(C) Yen
(D) Peso
(E) Euro

Ans. (E) Euro

4. Various Banks in the country have installed machines which disburse money to general public. These machines are called……
(A) Coin dispensing machines
(B) ATMs
(C) Debit Card Machines
(D) Ledger Machines
(E) None of these

Ans. (B) ATMs

5. Which of the following names is not associated with the insurance business in India ?
(A) Bajaj Allianz
(B) LIC
(C) GIC
(D) Tata AIG
(E) GE Money

Ans. (E) GE Money

6. Commodity Exchanges at various places in India are trading in many metals like gold, silver, etc. Many times we read in newspapers that gold no more has emained the highest trading option and has been replaced by a non-traditional metal known as……
(A) copper
(B) steel
(C) zinc
(D) white gold
(E) None of these

Ans. (D) white gold

7. Which of the following is known as Plastic money ?
1. Demand Draft
2. Credit Card
3. Debit Card
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 2 and 3
(E) All 1, 2 and 3

Ans. (D) Both 2 and 3

8. Many a time we see a term in newspapers ‘IPO’. What is the full form of the same ?
(A) Indian Public Offer
(B) Institutional Purchase
(C) Industrial Purchase Order
(D) Indian Purchase Offer
(E) Initial Public Offer

Ans. (E) Initial Public Offer

9. Many a times we read in financial newspapers a term/name NMCEX. What is the full form of the same ?
(A) New Multi Capital Exchange
(B) National Medium Commodity Exchange
(C) National Multi Commodity Exchange
(D) Net Marketable Commodity Exchange
(E) None of these

Ans. (C) National Multi Commodity Exchange

10. Many Banks these days are entering into business of offering loans against property. This business of the banks can be categorized under which of the following heads of banking ?
(A) Corporate Banking
(B) Personal Banking
(C) Merchant Banking
(D) Portfolio Management Service
(E) None of these

Ans. (B) Personal Banking

11. Which of the following organizations/banks has done a commendable work in the field of micro finance and was awarded Nobel Prize also in the past ?
(A) Gramin Bank of Bangladesh
(B) CRY
(C) ASHA
(D) NABARD
(E) None of these

Ans. (A) Gramin Bank of Bangladesh

12. Nobel Prizes are not given for the performance in the area of…
(A) Literature
(B) Physics
(C) Chemistry
(D) Music
(E) Medical Science

Ans. (D) Music

13. In which of the following Hindi films has actor Shahrukh Khan played the role of a Hockey Coach ?
(A) Guru
(B) Chak De India
(C) Om Shanti Om
(D) Jab We Met
(E) None of these

Ans. (B) Chak De India

14. Which of the following countries has not made any significant investment in India ?
(A) Japan
(B) USA
(C) Nepal
(D) Britain
(E) France

Ans. (C) Nepal

15. Which of the following is considered an informal method of getting credit/finance ?
(A) Internet Banking
(B) Branch visits
(C) Going to money lenders
(D) Tele Banking
(E) All of these

Ans. (C) Going to money lenders

16. Which amongst the following nations is not a member of the SAARC ?
(A) Bangladesh
(B) Bhutan
(C) Nepal
(D) Maldives
(E) South Africa

Ans. (E) South Africa

17. Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country ?
(A) Inflation
(B) Sensex
(C) Human Development Index
(D) SLR
(E) None of these

Ans. (C) Human Development Index

18. Which of the following is not a Public Sector Unit/Undertaking/Agency ?
(A) ECGC
(B) SEBI
(C) SIDBI
(D) Axis Bank
(E) BHEL

Ans. (B) SEBI

19. Which of the countries represent letter ‘C’ in the category known as BRIC countries ?
(A) Canada
(B) Chile
(C) Cuba
(D) Croatia
(E) China

Ans. (E) China

20. Who amongst the following addresses the nation on the Independence Day from the ramparts of the Red Fort, Delhi ?
(A) President of India
(B) UPA Chairperson
(C) Speaker of the Lok Sabha
(D) Prime Minister of India
(E) None of these

Ans. (D) Prime Minister of India

21. Which of the following awards is given for excellence in the field of sports ?
(A) Kalidas Samman
(B) Dhyanchand Award
(C) Shram Vir Award
(D) Shanti Swarup Bhatnagar Award
(E) None of these

Ans. (B) Dhyanchand Award

22. Which of the following does not represent the name of a bank working in India ?
(A) YES
(B) HDFC
(C) TATA
(D) Kotak Mahindra
(E) Axis

Ans. (C) TATA

23. Twenty-20 matches are played in the game of……
(A) Hockey
(B) Football
(C) Badminton
(D) Tennis
(E) Cricket

Ans. (E) Cricket

24. Which of the following deals between India and one major country was put on a hold for some time as India is finding difficult to implement it ?
(A) 123 Pact with USA
(B) Fifth generation fighter plane deal with Russia
(C) Heavy Water deal with Iran
(D) Border talks with China
(E) None of these

Ans. (A) 123 Pact with USA

25. Which of the following is a type of tax levied by the Govt. on goods and services ?
(A) SAT
(B) NET
(C) PAN
(D) VAT
(E) None of these

Ans. (D) VAT

26. As per the news appeared in some major newspapers India is number two in getting ‘PE’. What is the full form of ‘PE’ as used in the financial world ?
(A) Professional and Ecofriendly
(B) Profitable Equity
(C) Profitable and Economical
(D) Private and Economical
(E) Private Equity

Ans. (E) Private Equity

27. Many a times we read in newspapers about ‘Financial Inclusion’. What does it really mean ? [Pick up correct statement(s)]
1. Allow the merger and acquisition of banks so that only few big banks exist and continue to cater to the need of corporate sector.
2. Expending the network of banks in such a way that people from lower strata of society also get the benefit of services provided by banks.
3. Providing Insurance cover to each and every citizen so that he/she can live a healthy and long life.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) All 1, 2 and 3

Ans. (B) Only 2

28. Which of the following organizations recently issued some guidelines related to ‘Participatory Notes’ as used in financial world ?
(A) RBI
(B) IRDA
(C) SEBI
(D) AMFI
(E) None of these

Ans. (C) SEBI

29. Heavy Water is normally used by which of the following industries ?
(A) Nuclear Power generation plants
(B) Pharma Industry
(C) Paper Industry
(D) Sugar plants
(E) None of these

Ans. (A) Nuclear Power generation plants

30. As per news items published in various newspapers, Italy has offered its help in developing ‘SMEs’ in India. What is the full form of ‘SME’ ?
(A) Small and Monopolistic Economy
(B) Small and Medium Enterprises
(C) Speedy and Mechanical
(D) Small and Medium Level Economy
(E) None of these

Ans. (B) Small and Medium Enterprises

31. Which of the following statements about the ‘exports’ from India is true ?
1. Exports are showing good rate of growth.
2. Exports are growing in volume but still they are poorer than imports in terms of value.
3. Exports are not improving the way they were growing two years back.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 3 are correct
(E) None of these

Ans. (C) Only 3

32. Which of the following countries for the first time elected a lady as its President recently ?
(A) Argentina
(B) China
(C) New Zealand
(D) Russia
(E) None of these

Ans. (A) Argentina

33. The Govt. of India keeps on clearing the proposal of setting up new SEZs at several places. What does the letter ‘S’ represent in the ‘SEZ’ ?
(A) Soft
(B) Small
(C) Special
(D) Supportive
(E) None of these

Ans. (C) Special

34. Which of the following is not a foodgrain ?
(A) Wheat
(B) Rice
(C) Maize
(D) Jowar
(E) Cotton

Ans. (E) Cotton

35. Who amongst the following was made the Chairman of the National Land Reforms Council ?
(A) Smt. Sonia Gandhi
(B) Arjun Singh
(C) Pranav Mukherjee
(D) Kamal Nath
(E) Manmohan Singh

Ans. (E) Manmohan Singh

36. Various Govt. agencies/organizations are given responsibilities for implementing various policies/decisions of the Govt. of India. Policies about credit flow to the agricultural/priority sector are framed/implemented through which of the following apex bodies ?
(A) ECGC
(B) NABARD
(C) UTI
(D) IDBI Bank
(E) None of these

Ans. (B) NABARD

37. As we read every then and now the Monetary and Credit Policy is reviewed and changes/corrections are made frequently. Who amongst the following exactly takes this decision in India ?
(A) Deputy Chairman, Planning Commission
(B) Prime Minister
(C) Finance Minister
(D) Chairman Finance Commission
(E) None of these

Ans. (E) None of these

38. The World Bank sanctioned Rs. 18,000 crores to which of the following states for its Poverty Alleviation Programme ?
(A) Karnataka
(B) Gujarat
(C) Maharashtra
(D) Uttar Pradesh
(E) None of these

Ans. (D) Uttar Pradesh

39. The UNO has declared year 2008 as the year of……
(A) AIDS Prevention
(B) Potato
(C) Water Harvesting
(D) Social Justice to Children
(E) None of these

Ans. (B) Potato

40. Who amongst the following is the author of the book ‘Pakistan– The Gathering Storms’ ?
(A) Benazir Bhutto
(B) Parvez Musharraf
(C) Arun Shourie
(D) Arun Gandhi
(E) None of these

Ans. (A) Benazir Bhutto

41. Which of the following is not a gallantry Award ?
(A) Vir Chakra
(B) Jeevan Raksha Padak
(C) Ashok Chakra
(D) Mahavir Chakra
(E) Saraswati Samman

Ans. (E) Saraswati Samman

42. Which of the following states has approved sharing Neyyar Irrigation Project water with Tamil Nadu ?
(A) Karnataka
(B) Andhra Pradesh
(C) Kerala
(D) Maharashtra and Karnataka
(E) None of these

Ans. (C) Kerala

43. Which of the following is not a foreign bank working in India ?
(A) HSBC
(B) Barclays
(C) Standard Chartered
(D) Yes Bank
(E) All are foreign banks

Ans. (D) Yes Bank

44. Who amongst the following is the Chairman of the 13th Finance Commission ?
(A) Bimal Jalan
(B) Y. V. Reddy
(C) C. Rangarajan
(D) Vijay Kelkar
(E) None of these

Ans. (D) Vijay Kelkar

45. India has the least or negligible trade relations with …………
(A) Japan
(B) Britain
(C) South Africa
(D) Uganda
(E) Iran

Ans. (D) Uganda

46. Your friend has received a sum of Rs. 10000 from his grandparents. He wants to deposit this sum in a bank under a condition of not to withdraw fully or partially for at least two years. He will be needed to open which type of account in the bank ?
(A) Small savings account
(B) Current account
(C) Fixed deposit account
(D) Demat account
(E) None of these

Ans. (C) Fixed deposit account

47. Recently, this was in news that ASEAN is an association of ……
(A) Commonwealth nations
(B) SAARC nations
(C) South-Eastern Asian nations
(D) Oil-exporting nations
(E) African nations

Ans. (C) South-Eastern Asian nations

48. Names of two important persons are often visible in newspapers/magazines/electronic media. These names are Dr. C. Rangarajan and Dr. Bimal Jalan. Which of the following facts are identical in the life of both these two persons ?
(A) Both are principal economic advisors to the Prime Minister
(B) Both are the Members of the Lok Sabha
(C) Both are the former Governors of RBI
(D) Both were the Finance Ministers of India
(E) There is nothing similar in both

Ans. (C) Both are the former Governors of RBI

49. Which of the following places of West Bengal was in news recently, since some violent incidences took place due to an attempt of agricultural land aquisition for industrial purposes ?
(A) Khadakpur
(B) Nandigram
(C) Howrah
(D) Bolepur
(E) None of these

Ans. (B) Nandigram

50. In accordance with the reports published in the papers/magazines, the Government of India and some NGOs have declared/started some projects to help/ to provide relief to the farmers in general and specially to perplexed farmers. Which of the following is not such a plan ?
(A) Crop insurance plan
(B) E-Chaupal
(C) Subsidy for chemical fertilizers
(D) Reconstruction of watershade/water-bodies
(E) Mid-day meal

Ans. (E) Mid-day meal

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Corporation Bank PO Exam., 2009 : Socio Economic Awareness

Corporation Bank Probationary Officers Exam., 2009
(Held on 22-11-2009)
General Awareness on Socio-Economic Developments : Solved Paper

1. Which of the following is/are the highlights of the Union Budget 2009-10 ? The Finance Minister promised
1. To bring fiscal deficit under control, institutional reforms will be initiated during the year.
2. Banks and insurance companies will remain in public sector and government will provide full support to these institutions to remain competitive by capital infusion, wherever necessary.
3. Banks will be allowed to set up offsite ATMs without prior approval from the RBI.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
Ans : (E)
2. As per the reports published in various newspapers/magazines and journals, the year 2008 was an important milestone in the evaluation of human settlements. For the first time in the human history, the population living in urban areas exceeded that in rural areas. What is India’s position in this regard ?
1. India is a relatively less urbanized country with only 30% of its total population living in cities.
2. The size of its urban population is the second largest in the world.
3. India has more than 100 biggest cities in the world.
(A) Only 1
(B) Only 2
(C) Only 1 and 2
(D) All 1, 2 and 3
(E) None of these
Ans : (E)
3. According to Dr. Mohammad Yunus, the Nobel prize winner Economist, a particular type of financing undertaken by the banks, has created a miraculous situation where every year about 5 per cent clients of the Grameen Banks come out of their poverty and join the main stream of the socio economic development in poor/developing countries. This financing activity of the banks in known as—
(A) Trade Finance
(B) Micro Credit
(C) Export finance
(D) All of these
(E) None of these
Ans : (B)
4. As per the reports published by the International Monetary Fund (IMF), the developing economies across the world are holding a massive stockpile of foreign exchange reserves. Which of the following is/are the resultant consequences of this type of stockpilings by various nations ?
1. A trade imbalance (vast difference in value of imports/exports) is generated between the developing and emerging economies and the rich countries. It is not a healthy sign.
2. Many economists are of the opinion that these imbalances created the underpinning of the current global economic crisis.
3. This stockpiling is responsible not only for problems in trade balances but has also created a problem of money laundering.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) All 1, 2 and 3
Ans : (E)
5. Which of the following is/are true about the Railway Budget 2009-10 ?
1. Railway tickets to be made available through post offices and mobile vans.
2. Long distance trains will have on-board doctor and infotainment services.
3. Tatkal scheme of booking is modified. Instead of booking tickets under the scheme five days in advance, it can now be done only two days in advance.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (D)

6. The Govt. of India has set up a special group to devise a long term pricing formula, so that it can cope up with the prevailing global volatility in the prices of which of the following commodities ?
(A) Sugar
(B) Paddy
(C) Crude oil and Petroleum
(D) Gold
(E) Pulses
Ans : (C)
7. Which of the following is not included in the core sectors of Indian economy ?
(A) Transport
(B) Coal
(C) Steel
(D) Cement
(E) Electricity
Ans : (A)
8. As we all know India has a threetier structure of tax administration. There are taxes levied by Central Govt., State Govts. and Local Govts. Which of the following taxes is levied by the Local Government Bodies ?
(A) Value Added Tax
(B) Stamp Duty
(C) Service Tax
(D) Land Revenue
(E) Tax on water supply and drainage etc.
Ans : (E)
9. What was the amount sanctioned by the Govt. of India during 2008-09 for providing drinking water to rural parts of India ?
(A) Rs. 30,000 crore
(B) Rs. 40,000 crore
(C) Rs. 53,000 crore
(D) Rs. 60,000 crore
(E) Rs. 73,000 crore
Ans : (E)
10. The Reserve Bank of India has reconstituted the Technical Advisory Committee (TAC) on monetary policy with effect from 1st July 2009. Who is the Chairperson of the same ?
(A) D. Subbarao
(B) K. C. Chakrabarty
(C) Shyamala Gopinath
(D) Usha Thorat
(E) None of these
Ans : (E)
11. Which of the following statements about the ‘State of Indian Economy, during 2008-09 is/are true ?
1. The growth of real GDP during 2008-09 was recorded at 6•7%, compared to 9% during 2007-08.
2. The fiscal deficit was the greatest cause of concern as it exceeded the budget estimates and stood at 13%.
3. Forex reserves were at a very comfortable position as India got a lot of FDIs and FIIs during the year. However, 60% of the reserves were deployed to manage oil and petroleum imports and subsidies on all such products.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (A)
12. Many times we see a term ‘PPP in financial newspapers. One full form of it is ‘Private Public Partnership’. What is another version of the same also used in the financial world ?
(A) Perfect, Preferred and Protected
(B) Point to Point Protocol
(C) Power Point Presentation
(D) Purchasing Power Parity
(E) None of these
Ans : (B)
13. As per the announcement made recently, the Govt. of India is going to launch a National Mission for which of the following in near future ?
(A) National Mission for Female Literacy
(B) National Mission for Abolishing Child Labour
(C) National Mission for Computer Literacy
(D) National Mission for protecting the Rights of Physically Challenged
(E) None of these
Ans : (A)
14. Which of the following is one of the most successful programmes under Bharat Nirman ?
(A) Pradhan Mantri Gram Sadak Yojana
(B) Watershed Development Scheme
(C) Rajiv Gandhi Grameen Vidyutikaran Yojana
(D) Indira Awas Yojana
(E) None of these
Ans : (D)
15. As we all know ‘Mobile Banking’ is comparatively a new mode of banking all over the world, what is its status in India ?
1. The willingness to conduct banking through mobile devices is higher in India.
2. About 4% of total m -commerce transactions have taken place in the first few months of the current fiscal year in India.
3. Since RBI’s permission is needed for offering mobile banking, only two private banks are providing this service at present.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (C)
16. Which of the following is/are true about the Pradhan Mantri Adarsh Gram Yojana (PMAGY) to be launched soon ?
1. The scheme will be launched in one village of each district in U.P., Bihar and Rajasthan as a pilot project.
2. The scheme is only for villages where the 50 per cent population is of Scheduled Castes.
3. An amount of Rs. 1,00,000 crore is provided for the scheme out of which 50% will come as grant-in-aid from the UNO.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (B)
17. As per the recent announcement made by the Govt. of India, a special One Time Grant of Rs. 100 crore is given to which of the following organizations ?
(A) Administrative Staff College of India (Hyderabad)
(B) Tata Institute of Social Sciences (Mumbai)
(C) International Institute for Population Sciences (Mumbai)
(D) Indian Institute of Technology (Delhi)
(E) Indian Council of Forestry Research and Education (Dehradun)
Ans : (E)
18. Many times we hear about the ‘Banking Ombudsman’. What is/are the major roles of same ?
1. Banking Ombudsman is a quasi judicial authority having powers to summon, the banks and the customers both in case of dispute.
2. The Banking Ombudsman are appointed by the President of India and are retired judges of the High or Supreme Courts.
3. The decisions/judgements given by the Banking Ombudsman cannot be taken to any court of justice as their decisions are last in case of bank related problems/disputes.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (A)
19. Who amongst the following is the Union Home Minister at present ?
(A) Kapil Sibbal
(B) Sharad Pawar
(C) P. Chidambaram
(D) Murli Deora
(E) None of these
Ans : (C)
20. Which of the following is NOT prescribed/recommended by the Economic Survey 2008-09 presented to the Lok Sabha recently ?
(A) Allow 49% FDI in defence and insurance sectors
(B) Decontrol diesel and petroleum prices
(C) Increase exemption limit on personal income tax upto Rs. 5,00,000
(D) List all unlisted PSUs and sell a minimum 10% equity to public
(E) Decontrol sugar and fertilizer
Ans : (C)
21. The Reliance Power (R-Power) is working on four Hydropower projects in Arunachal Pradesh which are ‘Run-of-River’ (R-O-R) type of projects. What is the main characteristic of ROR projects ?
(A) These projects are developed only in hilly areas. They can’t be developed on plains
(B) In these projects there is no need of storing the water in dams which is very costly
(C) In ROR projects the only requirement is to make a big reservoir and turn the flow of river in the direction in which we need it
(D) ROR projects are three to four times costlier as compared to old patterned dam type of projects
(E) None of these
Ans : (B)
22. Which of the following countries is planning to launch its first Mars probe in near future ?
(A) China
(B) Japan
(C) India
(D) Russia
(E) USA
Ans : (A)
23. India recently inducted Airborne Warning And Control System (AWACS) platforms in its Airforce. These sophisticated machines are supplied by which of the following countries ?
(A) Australia
(B) Germany
(C) Israel
(D) France
(E) Russia
Ans : (E)
24. Dr. Manmohan Singh is the member of the Parliament from which of the following constituencies ?
(A) New Delhi (South)
(B) Amritsar
(C) Lucknow
(D) Medak
(E) None of these
Ans : (E)
25. Which of the following pairs of countries are the signatories of a Gas pipeline Deal christened as Peace Pipeline ?
(A) Iran – Iraq
(B) Iraq – UAE
(C) Kuwait – Iran
(D) Pakistan – Iran
(E) Pakistan – India
Ans : (D)
26. Which of the following countries is at the top of the ‘World Green Index’ compiled by the America’s ‘National Geographic Society’ and also through an international polling from ‘Global Scan’ ?
(A) South Africa
(B) USA
(C) China
(D) India
(E) None of these
Ans : (D)
27. As we all know G-20 has set up a working group to find out the reasons of the recent economic crisis and global slowdown.
What according to the reports of the working group was/were the main reasons of the crisis and slowdown ?
1. Allowing cheap iquidity and sub-prime lending
2. Poor credit appraisals and securitisation
3. Excessive dependence on credit ratings
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
Ans : (E)
28. Which of the oil rich gulf countries elected its first women parliamentarians when four women were declared elected in its recently held elections ?
(A) Iran
(B) UAE
(C) Kuwait
(D) Iraq
(E) None of these
Ans : (C)
29. ‘Mardeka Cup’ is associated with game of—
(A) Hockey
(B) Golf
(C) Football
(D) Badminton
(E) Lawn Tennis
Ans : (C)
30. Which of the following state govts. decided to have a ‘Mahila Court’ in every district of the state ?
(A) Tamil Nadu
(B) Andhra Pradesh
(C) Karnataka
(D) Delhi
(E) Uttar Pradesh
Ans : (B)
31. Who amongst the following is the author of the book ‘Faith and Compassion’ ?
(A) Arun Gandhi
(B) Kuldeep Nayyar
(C) Amit Chaudhury
(D) Navin Chawla
(E) None of these
Ans : (D)
32. Which of the following countries has developed ‘sajjil-2’ missiles, which were test fired recently ?
(A) Pakistan
(B) Iran
(C) North Korea
(D) India
(E) None of these
Ans : (B)
33. The first Republic Day of the Federal Democratic Republic of Nepal was celebrated on which of the following days ?
(A) 16th August 2009
(B) 29th June 2009
(C) 16th July 2009
(D) 29th May 2009
(E) 20th May 2009
Ans : (E)
34. Pankaj Advani has become the world’s professional champion player of—
(A) Badminton
(B) Tennis
(C) Golf
(D) Chess
(E) None of these
Ans : (E)
35. We hear a term ‘Carbon Foot Print’ these days very frequently. What does it indicate ?
1. The amount of carbondioxide released in the atmosphere ever day by an electronic gadget/organization or even by an individual.
2. The quantity of CO2 released when one ton of air recycled by an Air conditioner, during every hour of its functioning.
3. The quantity of all green house gases put together required to maintain C at nodal°the temperature of the environment at a fixed level of 30 points in a country.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (D)
36. The letter ‘D’ stands for which of the following in the abbreviated name OECD ?
Organisation of Economic Cooperation and……
(A) Defence
(B) Direction
(C) Dominance
(D) Development
(E) Devaluation
Ans : (D)
37. The ‘8th Annual Asian Security Summit’ was organized in which of the following places in May 2009 ?
(A) Seoul
(B) Yangon
(C) Singapore
(D) Kathmandu
(E) New Delhi
Ans : (C)
38. Which of the following countries is the host of FIFA World Cup 2010 ?
(A) Italy
(B) France
(C) Brazil
(D) Germany
(E) South Africa
Ans : (E)
39. Late Y. S. Rajasekhar Reddy was from which of the following political parties ?
(A) Telugu Desham
(B) Bharatiya Janta Party
(C) DMK
(D) Samajwadi Party
(E) None of these
Ans : (E)
40. Who amongst the following won Women’s singles Title of ‘Spanish Open Badminton-2009’ the final for which was played at Madrid in May 2009 ?
(A) Sayali Gokhale
(B) Lianne Tan
(C) Nathalie Descamps
(D) Jill Pittard
(E) None of these
Ans : (E)
41. Which of the following is the Bank Rate at present ?
(A) 3%
(B) 5%
(C) 6%
(D) 7%
(E) None of these
Ans : (C)
42. P. Mangesh Chandran whose name was in news recently is a famous —
(A) Chess player
(B) Playback singer
(C) Cine actor
(D) Author
(E) Journalist
Ans : (A)
43. Which of the following teams won the Champions League Football 2009, the final of which was played in Rome in May 2009 ?
(A) Manchester United
(B) Barcelona
(C) Everton
(D) Chelsea
(E) None of these
Ans : (B)
44. Which of the following states is holding a unique summit on Tigers at global level ?
(A) West Bengal
(B) Andhra Pradesh
(C) Tamil Nadu
(D) Rajasthan
(E) Chhattisgarh
Ans : (D)
45. Which of the following books is NOT written by Daris Lessing ?
(A) The Golden Note book
(B) Memoirs of a survivor
(C) The city of joy
(D) The summer before the Dark
(E) The fifth child
Ans : (C)
46. Which of the following is Statutory Liquidity Ratio at present in India ?
(A) 16%
(B) 11%
(C) 6%
(D) 33%
(E) None of these
Ans : (E)
47. Mr. Deep Joshi’s name was in news as he has been awarded—
(A) Pulitzer Prize
(B) Raman Magsaysay Award
(C) Man Booker Prize
(D) Jamunalal Bajaj Award
(E) None of these
Ans : (B)
48. Bihar Sugarcane Amendment Bill (Regulation of Supply and purchase) 2007 will enable State Govt. to—
(A) Purchase sugarcane from the farmers and supply it to sugar factories directly at a predetermined price. This will save farmers from exploitation by the factories who do not pay them adequately and in time.
(B) Produce ethanol directly from sugarcane
(C) Force farmers to sell their entire production of sugarcane to sugar mills in cooperative sector only and not to private mills who are paying exorbitantly high price to the farmers. Cooperative mills are not getting enough supply to keep them alive
(D) Compel farmers to produce sugarcane in at last 30% of their land as Bihar is losing its major share in sugarcane production due to unwillingness of farmers to grow sugarcane. They wish to switch over to other high cost crops which give them good returns
(E) None of these
Ans : (B)
49. Ms. Nirupama Rao has taken over as the new—
(A) Home Secretary of India
(B) Foreign Secretary of India
(C) Cabinet Secretary of India
(D) Attorney General of India
(E) None of these
Ans : (B)
50. Who amongst the following is adjudged as the CEO of the year 2009 by the ‘Global Supply Chain Leaders’ ?
(A) Mr. Lalit Modi
(B) Mr. Yash Birla
(C) Mr. Kumar Mangalam Birla
(D) Ms. Indra Nooyi
(E) Mr. Ratan Tata
Ans : (D)

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Corporation Bank PO Exam Paper 2010 : Socio Economic Developments

Socio-Economic Developments

(Held on 09-05-2010)

1. As a policy to boost the agricultural sector in the country, the Govt. of India has taken several special measures over the years. Which of the following cannot be considered a measure/ measures which will have a direct impact(s) on the agricultural sector ?1. Setting up of a National Food Processing Bank.
2. Opening irrigation, sanitation and water projects for development under public private participation.
3. Efforts to bring down fiscal deficit to 5•5 per cent level of GDP.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) All 1, 2 and 3
Ans : (C)

2. The Govt. of India is plannning to bring a Second Green Revolution. This will be launched specifically for which of the following parts of the country ?(A) North East and Eastern Regions
(B) Central India
(C) Jammu & Kashmir
(D) Tamil Nadu, Kerala and Andhra Pradesh
(E) None of these
Ans : (A)

3. As we all know, the limit of exemption on personal income tax has been raised by Rs. 10,000. Whenever a relief in direct taxes is given, the underlying motive is always to make money available for which of the following purposes ?1. Savings
2. Investment for High returns
3. Personal Consumption
(A) Only 1
(B) Only 2
(C) Only 1 and 3
(D) Only 2 and 3
(E) None of these
Ans : (C)

4. As we know, a special scheme ‘One Village One Project’ is in vogue in some parts of our country and has proved a good incentive to boost the rural economy and the agricultural sector. Now the Govt. has decided to develop 60,000 villages to produce which of the following single crops as a major crop ?(A) Pulses or Oilseeds
(B) Wheat or Bajra
(C) Sugar or Jute
(D) Sunflower or Rose flower
(E) None of these
Ans : (A)

5. The Govt. of India has decided to bring down the fiscal deficit from 6•6 per cent to the level of 5•5 per cent of the GDP so that it can meet growth targets well in time. This target of 5•5 per cent is to be achieved by the end of—(A) January 2011
(B) March 2011
(C) December 2010
(D) January 2012
(E) None of these
Ans : (D)

6. Some economists and financial experts are of the opinion that the Finance Minister of India has done a good job by allocating a fairly good share of budget to ensure that the benefits of the growth also reach the poor and unorganized sectors of the society. What amount in terms of percentage has been allocated to various schemes of the social sector in the Union Budget 2010-11 ?(A) 5%
(B) 7•5%
(C) 10%
(D) 12•5%
(E) None of these
Ans : (E)

7. Many people talk about the roll back of stimulus packages provided last year by the Govt. of India to help certain sectors. If these stimulus packages are rolled back, this would mean that—1. those who have availed these benefits would be required to return them to the Govt. of India.
2. no such incentive would be available henceforth to these sectors.
3. all such benefits/incentives would be available to all the people across the country and will not be restricted to some selected few.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) Only 2 and 3
Ans : (C)

8. In order to develop infrastructure in the country at a faster pace, the Govt. of India has fixed some targets. In order to achieve this target, at present, how many kilometers of highway is required to be constructed per day ?(A) 5 km
(B) 10 km
(C) 15 km
(D) 20 km
(E) None of these
Ans : (D)

9. “South India will get K-G gas by 2012” was the news in a major financial newspaper. ‘K-G’ is the abbreviated name of which of the following ?(A) Karnataka-Goa
(B) Kaveri-Ganga
(C) Krishna-Godavari
(D) Karnataka-Gulf
(E) None of these
Ans : (C)

10. Many a times, we read in newspapers that some big banks have revised their lending rates to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks normally they announce this decision of theirs—1. immediately after the Union Budget is presented in the Lok Sabha every year.
2. when the RBI makes changes in its policy rates.
3. when the Monetary and Credit Policy of the RBI is reviewed periodically.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 2 and 3
(E) All 1, 2 and 3
Ans : (C)

11. How much amount in cash is the Govt. of India planning to infuse in public sector banks, to strengthen their capital base this year ?(A) Rs. 10,000 crore
(B) Rs. 12,500 crore
(C) Rs. 14,000 crore
(D) Rs. 16,500 crore
(E) None of these
Ans : (E)

12. As we all know, the rate of MAT has been increased from the present 15% to 18% with effect from April 2010. What is the full form of MAT ?(A) Maximum Alternate Tax
(B) Minimum Alternate Tax
(C) Minimum Affordable Tax
(D) Maximum Affordable Tax
(E) None of these
Ans : (B)

13. One of the headlines in a major financial newspaper recently was “Is Spain the next Greece or Italy or Portugal ?” What is the actual meaning of this headline because of which the author has been comparing Spain with the other three countries ?(A) All these three countries have abandoned the membership of the European Union. Spain is also planning to do so
(B) All these three countries were the first to come out of recent global recession and that too within a short span of time. Spain is next in queue to declare itself free from the trouble
(C) These three nations are badly trapped in a situation where their economy is proceeding from bad to worse condition. Spain also appears to be in the same situation
(D) Greece, Itlay and Portugal have signed some special agreements with US and are availing stimulus packages to promote their exports to US on some specific terms. Spain is also willing to do the same
(E) None of these
Ans : (C)

14. Many times we read in newspapers that several companies are adopting the FCCBs route to raise capital. What is the full form of FCCBs ?(A) Foreign Currency Convertible Bonds
(B) Foreign Convertible Credit Bonds
(C) Financial Consortium and Credit Bureau
(D) Future Credit and Currency Bureau
(E) None of these
Ans : (A)

15. The Govt. of India has asked all big companies and corporates to create a separate fund for their ‘Corporate Social Responsibility Activities’. What is/are the purpose(s) of this directive issued by the Govt. ?1. To ensure that companies spend some money on social activities.
2. To bring transparency in matters of financial transactions and dealings by corporates.
3. To ensure that corporate entities do not get involved in non commercial activities in the name of social activities as they are required to spend money only on the welfare of the employees and their families.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (B)

16. Which of the following is an innovative mechanism adopted by banks to meet the targets fixed for lending to priority sector by the Banks ?(A) Buying & Selling of Priority Sector Lending Certification
(B) Sale of Kisan Vikas Patra
(C) Inter Bank Participation Certificates
(D) Adoption of Core Banking Solution
(E) None of these
Ans : (C)

17. The Reserve Bank of India (RBI) recently announced a hike in some policy rates and also indicated that there may be another change in near future. Which of the following is/are considered a policy rate(s) in the hands of the RBI ?1. Repo Rate
2. SLR
3. Inflation
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 2
(E) All 1, 2 and 3
Ans : (D)

18. Zain, which was in news recently, is a company based in which of the following nations ?(A) Kuwait
(B) South Africa
(C) UAE
(D) China
(E) None of these
Ans : (A)

19. Who amongst the following was awarded the prestigious ‘Moortidevi Award’ recently for his literary works ? (Awardee is a Minister in the Union Cabinet)(A) Veerappa Moily
(B) Pranab Mukherjee
(C) P. Chidambaram
(D) Kapil Sibal
(E) None of these
Ans : (A)

20. The Indian Ministry of Agriculture has decided that despite good stocks of wheat and rice, India will not export the excess stocks. Which of the following may be the reason(s) owing to which the Ministry has taken this decision ?1. Indian wheat and rice are not in much demand in foreign countries. Hence, very few are takers for the same.
2. The National Food Security Bill has a provision to provide 25 kg of wheat or rice to the families living below poverty line. A huge stock of grains will be needed for the same in near future.
3. Since most countries are still to recover from the global recession, a formula is being worked out where imports and exports will be compensated simply by exchange of commodities available with the countries. India is planning to use its food grain stocks for the same.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (B)

21. As per the reports published in various newspapers, RBI has asked banks to make a plan to provide banking services to all villages having a population of 2000. This directive issued by the RBI will fall in which of the following categories ?(A) Plan for Financial Inclusion
(B) Efforts to meet the targets of Priority Sector Lending
(C) Extension of Relief Packages to the Farmers
(D) Extensions of Internal and Branchless Banking
(E) None of these
Ans : (A)

22. Which of the following is not a bank or finance company ?(A) Barclays
(B) BNP Paribas
(C) Lufthansa
(D) HSBC
(E) All are banks/finance companies
Ans : (C)

23. The Indian Railways is in the process of purchasing Bullet Train Technology from which of the following nations ?(A) France
(B) China
(C) Japan
(D) Russia
(E) Spain
Ans : (C)

24. Some State Govts. have started a project ‘Save Snow Leopards’. Snow Leopards are found mainly in—(A) Jammu & Kashmir
(B) Rajasthan
(C) Kerala
(D) Punjab
(E) Tamil Nadu
Ans : (A)

25. India recently signed an agreement for an ‘Action Plan to Advance Security Cooperation’ with which of the following nations ?(A) China
(B) Bangladesh
(C) Pakistan
(D) Nepal
(E) Japan
Ans : (E)

26. Sanya Richards who was named as the IAAF World Athlete of 2009 represents which of the following countries ?(A) Jamaica
(B) Kenya
(C) France
(D) Britain
(E) USA
Ans : (E)

27. Who amongst the following was adjudged the European Footballer of the year 2009 ?(A) Roberto Baggio
(B) Edger Davids
(C) Xavi Hamandez
(D) Cristiano Ronaldo
(E) Lionel Messi
Ans : (E)

28. The latest nuclear power reactor of India recently attained criticality at Rawatbhata. Rawatbhata is a place in—(A) Uttar Pradesh
(B) Madhya Pradesh
(C) Uttarakhand
(D) Orissa
(E) Rajasthan
Ans : (E)

29. Who amongst the following has recently received the Highest Civilian Honour of France ?(A) Kareena Kappor
(B) A. R. Rahman
(C) Javed Akhtar
(D) Lata Mangeshkar
(E) None of these
Ans : (D)

30. Who amongst the following represented India at the 15th United Nations Climate Change Conference 2009 held in Copenhagen ?(A) Smt. Sonia Gandhi
(B) Smt. Pratibha Patil
(C) Dr. Manmohan Singh
(D) Smt. Meira Kumar
(E) None of these
Ans : (C)

31. Three Indian sportsmen, C. Raju Srither, I.R. Sanam and Ratan Singh recently went to Indonesia and won Gold Medals in one of the events. All three are associated with which of the following sports ?(A) Weightlifting
(B) Rifle Shooting
(C) Swimming
(D) Golf
(E) Archery
Ans : (E)

32. A two-day meeting of the South Asian Association for Regional Cooperation (SAARC) was organized recently in—(A) Thimpu
(B) Islamabad
(C) Kabul
(D) Dhaka
(E) New Delhi
Ans : (A)

33. By nominating its Ambassador to which of the following countries after a gap of five years has the USA established its diplomatic relation with it ?(A) Syria
(B) Iran
(C) Iraq
(D) China
(E) None of these
Ans : (A)

34. Which of the following organizations/ agencies is providing a US $ 850 million loan to India for the development of its infrastructure and Khadi industry ?(A) World Bank
(B) European Union Finance Corporation
(C) Asian Development Bank
(D) Govt. of South Africa
(E) None of these
Ans : (C)

35. Goodluck Jonathan whose name was in news recently is from which of the following countries ?(A) Kenya
(B) Uganda
(C) Nigeria
(D) Sudan
(E) None of these
Ans : (C)

36. The census in India is done after a gap of every—(A) 5 years
(B) 10 years
(C) 12 years
(D) 15 years
(E) None of these
Ans : (B)

37. Pankaj Advani won which of the following titles in the year 2009 ?(A) Asian Games Gold Medal
(B) Asian Billiards Championship
(C) WSA Challenge Tour
(D) World Professional Billiards Championship
(E) None of these
Ans : (D)

38. Which of the following awards is given for Excellence in the field of sports ?(A) Kalinga Award
(B) Golden Pen Award
(C) Arjuna Award
(D) Bharat Ratna
(E) None of these
Ans : (C)

39. Which of the following states started ‘April Mandis’ project in all districts of the state to ensure the supply of vegetables and fruits at fair prices ?(A) Gujarat
(B) Uttar Pradesh
(C) Haryana
(D) Delhi
(E) None of these
Ans : (C)

40. Which of the following terms is not used in Economics ?(A) Balanace of Trade
(B) Centrifugal force
(C) Break even
(D) Fiscal Deficit
(E) Capital Account
Ans : (B)

41. The Indira Gandhi Peace Prize 2009 was given to the President of—(A) Fiji
(B) Bhutan
(C) Nepal
(D) Bangladesh
(E) None of these
Ans : (D)

42. The Govt. of India recently launched the Jawaharlal Nehru National Solar Mission. This mission is one of the key missions on India’s National Action Plan on—(A) Second Green Revolution
(B) Climate Change
(C) Recharging of Water bodies
(D) Electricity to all
(E) None of these
Ans : (B)

43. Voting in local bodies elections is compulsory in which one of the following states ?(A) Delhi
(B) Maharashtra
(C) Kerala
(D) Gujarat
(E) None of these
Ans : (D)

44. India’s exports of which of the following to USA has been growing at a fast pace despite the global slowdown and recession ?(A) Handicrafts and Carpets
(B) Textiles and Clothing
(C) Horticultural products
(D) Foodgrains
(E) Services
Ans : (E)

45. Russia recently agreed to resume import of natural gas from which of the following countries after a gap of about a month following a dispute over prices of the same ?(A) Iran
(B) Turkmenistan
(C) China
(D) Kazakhstan
(E) N. Korea
Ans : (B)

46. India recently signed an agreement for cooperation in the field of nuclear power for civil purposes. This agreement is free from any restrictions on India. India signed this agreement with—(A) France
(B) Germany
(C) USA
(D) Canada
(E) Russia
Ans : (E)

47. ‘Between the Assassinations’ is a book written by—(A) Chetan Bhagat
(B) Kiran Desai
(C) Shobha De
(D) Vikram Seth
(E) Arvind Adiga
Ans : (E)

48. Which of the following prizes/ awards is not given for Excellence in the field of Literature ?(A) Dronacharya Award
(B) Aga Khan Prize for Fiction
(C) Commonwealth Award
(D) Nobel Prize
(E) Man Booker Prize
Ans : (A)

49. Which of the following terms is not used in the game of Hockey ?(A) Centre
(B) Downswing
(C) Drop pass
(D) Goal line
(E) Blue line
Ans : (B)

50. ‘Invisible’ is a novel written by—(A) Vikram Seth
(B) Chetan Bhagat
(C) Anita Desai
(D) Meghnad Desai
(E) Paul Auster
Ans : (E)

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