General Awareness Objective Questions 8.................

1. "Carbon credit” is concerned with which one of these Internationally sensitive issues ?

(1) Deforestation (2) Contract farming 

(3) Rural infrastructure 

(4) Diamond trading (5) Protection of environment 5

2. What is meant by "Financial Inclusion"?

(1) Making available banking services at an affordable cost

(2) Opening Savings Accounts in Rural areas without any deposit 

(3) Opening any type of account without introduction

(4) Distributing money through rural branches 

(5) Distributing wages through bank accounts 1

3. Many times we read the term ‘ECB' in newspapers. 

What is the full form of 'ECB' ? 

(l) Essential Commercial Banking (2) European Credit Borrowing 

(3) External Credit For Business 

(4) External Commercial Borrowing 

(5) None of these 4 

4. Golden revolution refers to the development of which of the following agricultural products ?

(1) Oilseeds (2) Pulses (3) Horticultural products 

(4) Cereals (5) Fodder 3

# Yellow Revolution = Oilseed 

# White …… Milk 

# Green …… Food grain

5. Which of the following is the most important Rabi crop of India ?

(1) Rice (2) Millet (3) Sugarcane 

(4) Groundnut (5) wheat 5

6. Which programme was launched by Govt. of India to improve irrigation facilities in rural India ?

(l) Annapurna Scheme (2) National Social Assistance Programme

(3) Integrated Rural Development Programme 

(4) Sampoorna Grameen Rozgar Yojana

(5) National watershed development programme 5

7. What is "money laundering"?

(1) Conversion of assets into cash 

(2) Conversion of illegally obtained money into accountable money

(3) Conversion of cash into gold (4) Conversion of gold into cash 

(5) None of these 2

8. Who is the regulatory authority for insurance business in India ?

(l) RBI (2) IRDP (3) SEBI (4) NABARD (5) IRDA 5

9. We come across the term ‘PPP’ in financial news nowadays. What does ‘PPP’ represent ?

(l) Personal per-capita power (2) Public Private partnership 

(3) Per capita potential for purchases (4) Present purchasing power 

(5) Pure Purchase parity 2

# ‘PPP’ also stands for ‘Purchasing Power Parity’

10. Which one of these countries is the largest producer of milk and milk products in the world ?

(l) USA (2) China (3) India (4) New Zealand 

(5) None of these 3

11. Which of the following terms is NOT used in the field of Economics ?

1) Balance of Trade 2) Break Even point 3) Plasma 

4) Capital Account Convertibility 5) Fiscal Deficit 3

12. Which of the following currencies is used in China?

(1) Pound (2) Yuan (3) Yen (4) Franc (5) Pesso 2

13. Dipika Pallikal who won an International tournament is a :

(l) Golf player (2) Badminton player (3) Squash player 

(4) Swimmer (5) Table Tennis player 3

14. Which of the following cups/trophies is associated with the game of Football ?

(l) Grand Prix (2) Rangaswami Cup (3) Wimbledon Trophy 

(4) FIFA Cup (5) Ranji Trophy 4

15. The head office of the Bank of Maharashtra is located in which of the following cities ?

(l) Kolkata (2) New Delhi (3) Pune 

(4) Ahmedabad (5) Mumbai 3

16. What is the full form of the term ASBA ?

(1) Allotment Supported by Blocked Amount 

(2) Application Supported by Bank Amount

(3) Allotment Supported by Bank Account 

(4) Application Supported by Blocked Amount

(5) Allotment and Social Banking Amount 4

17. Bird flu is a disease which affects and spreads through:-

(l) Cattle (2) Sheep (3) Prawn 

(4) Silkworm (5) Poultry 5

18. Major producer of mulberry silk in India is :

(1) Jammu and Kashmir (2) Jharkhand (3) Karnataka 

(4) Assam (5) Himachal Pradesh 3

19. Which of the following terms is used in the game of Cricket ?

(1) Half Nelson (2) Love (3) Back hand Drive 

(4) Penalty Stroke (5) Hot-Spot 5

20. Excise duty is a tax levied on which of the following ?

(l) Production of goods (2) Purchase of goods 

(3) Export of goods 

(4) Movement of goods beyond municipal limits 

(5) Sale of goods 1

21. What is the full form of the term FDI_

(l) Foreign direct Investment (2) Foreign Diverse Investment 

(3) Fixed Deposit Investment (4) Floating Deposit Investment 

(5) Financial Derivatives in India 1

22. The erstwhile UTI Bank is presently known as_

(1) ING Vaisya Bank (2) Yes Bank (3) Induslnd Bank 

(4) Axis Bank (5) IDBI 4

23. India and Russia were had some differences over which of the following nuclear power plants ?

(l) Kaiga (2) Kundakulam (3) Rawatbhata 

(4) Narora (5) None of these 2

24. Which of the following countries decided to withdraw from Kyoto Protocol ?

(1) Canada (2) Russia (3) India (4) USA (5) china 1

25. The term "Deficit Financing" means the Government borrows money from the

(l) IMF (2) Local bodies (3) RBI (4) Large corporates 

(5) Public at large 3

26. Gagan Narang is related to which Sport

(1) Boxing (2) Wrestling (3) Shooting 

(4) Hockey (5) NOT 3

27. The new Chief of Army Staff of the 1.3 million-strong Indian Army. . 

1) General S K Singh 2) Gener¬al Bikram Singh 

c) K P Kariappa 4) General Subhag 5) NOT 4 

28. Louis Hamilton is related with …………

1) Golf 2) Squash 3) Chess 4) F-1 race 5) Boxing 4

29. World Ozone Day ………

1) June 8 2) November 18 3) June 5 

4) Sept 16 5) May 31 4

30. As per ‘Fortune’ magazine; India’s most powerful women in business field ………

1) Savita Jindal 2) Chanda Kocher 

3) Indra Nooi 4) Sonia Gandhi 5) NOT 2

31. OBC creamy layer limit per annum………..

1) 4.5 lakh 2) 7.2 lakh 3) 9 lakh 4) 3.6 lakh 

5) NOT 3

32. New time limit for train-booking ‘Tatkal’ service……….

1) 2 days 2) 24 hours 3) 3 days 4) 36 hours 5) NOT 2

33. As per the newspaper reports the government of India has 

asked all the states to conduct ‘Social Audit’ of each and every work 

of which of the following schemes?

1) National Rural Employment Guarantee Scheme 

2) Pradhan Mantri Gram Sadak Yojana 

3) Indira Awas Yojana 

4) Rajiv Gandhi Grameen Vidyutikaran Yojana 

5) None of these 1

34. Which of the following ministries/departments operates 

the “Village Grain Bank Scheme”?

1) Ministry of Tribal Welfare 

2) Department of Food & Public Distribution

3) Department of Social Welfare 

4) Ministry of Forest 5) None of these 2

35. Which of the following is the name of the programme launched 

by the Government of India to help lonely women by providing 

vocational training to make them self-reliant?

1) Apnalaya 2) Prayas 3) Abhiyogyata 4) Swadhar 5) Swavlamban 4

36. “The Bridge: The Life & Rise of Obama”, is a book written by:

1) Cynthia Tucker 2) Sarah Palin 3) Barbara Walters 

4) Michelle Obama 5) David Remnick 5

37. Which of the following is NOT a civilian award given by the government of India?

1) Sahitya Academy Award 2) Shanti Swarup Bhatnagar Award 

3) Padma Shri 4) Bharat Ratna 5) Kirti Chakra 5

38. Which of the following is not among the four components 

of Swarna Jayanti Shahari Rozgar Yojana?

1) Urban Slum Livelihood Programme 

2) Urban Self Employment Programme 

3) Urban Women Self-help Programme 

4) Urban Wage Employment Programme 

5) Skill Training for Employment Promotion amongst Urban Poor 1

39. Price of which of the following is decided by the member countries of OPEC?

1) Crude oil 2) Coal 3) Gold 4) Silver 5) All of the above 1

40. Which among the following is the core method of stabilizing the 

markets under the Market Stabilization Scheme (MSS)?

1) Issuing Treasury Bills and/or dated securities 

2) Purchasing Treasury Bills and/or dated securities

3) Conducting Open Market Operations 

4) All the above 5) None of the above 1

41. Name the flagship programme of the government that will reach out 

to below poverty line (BPL) households through self-help groups (SHGs)?

1) National Rural Livelihood Mission 2) Gareeb Utthan 

3) Jawahar Grameen Aadhar Yojana 

4) National Rural Upliftment Programme 5) None of these 1

42. Axis Bank is a

l) Public Sector Bank 2) Private Sector Bank 3) Co-operative Bank 

4) Foreign Bank 5) Gramin Bank 2

43. By increasing repo rate, the economy may observe the following effect(s):

l) Rate of interest on loans and advances will be costlier. 

2) Industrial output would be affected to an extent.

3) Banks will increase rate of interest on deposits. 

4) Industry houses may borrow money from foreign countries.

5) All of these 5

44. Increased interest rates, as is existing in the economy at present, will

1) Lead to higher GDP growth 2) Lead to lower GDP growth 3) Mean higher cost of raw materials

4) Mean lower cost of raw materials 5) Mean higher wage bill 3

45. Which of the following schemes has been launched to provide pension to people in unorganised sectors in India?

1) Swabhiman 2) Jeevan Dhara 

3) Jeevan Kalyan 4) ASHA 5) Swavalamban 5

46. Finance Ministry has asked the Reserve Rank of India to allow common ATMs that will be owned and managed by non-

banking entities, hoping to cut transaction costs for banks, such ATMs are known as

l) Black Label ATMs 2) Offsite ATMs 3) On-site ATMs or Red ATMs 4) Third Party ATMS 5) White Label ATMs 5

47. Which of the following schemes of the Govt of India has provided electricity to 99000 villages and total 1.7 crore house 

holds uptil now?

1) Kutir Jyoti 2) Rajiv Canani Grameen Vidyutikaran Yojana 

3) Bharat Nirman 4) PURA 5) SEWA 1

48. Ranbir Kapoor was awarded Best Actor Award in 57th Filmfare Award Function for his performance in

1) No One Killed Jessica 2) Stanley Ka Dabba 3) Saath Khoon Maaf 4) Rockstar 5) Zindagi Na Milegi Dobara 4

49. A consumer had filed a complaint with Banking Ombudsman but is not satisfied with the decision. 

What is the next option before him for getting his matter resolved?

1) Write to the CMD of the Bank 

2) File an appeal before the Finance Minister 

3) File an appeal before the Banking ombudsman again 

4) an appeal before the Dy Governor of RBI 

5) Simpty close the matter as going to court involves time and money 2

50. Bad advances of a Bank are called

l) Bad debt 2) Book debt 3) Non-Performing Asset 

4) Out-of-order accounts 5) Overdrawn accounts 3