General Knowledge Question Answers For Bank PO Exams

General Knowledge Question Answers For Bank PO Exams

1. The Baikonur Cosmodrome is the world’s first and largest operational space launch facility. In which country is it located?
(A) France
(B) Kazakhstan
(C) Uzbekistan
(D) Germany
Ans. (B) Kazakhstan

2. The International Hockey Federation has decided to allot the next Hockey World Cup in 2010 to India. In which year Hockey World Cup tournament started?
(A) 1971
(B) 1974
(C) 1976
(D) 1977
Ans. (A) 1971

3. Which among the following clubs has won the Spanish league title for the first time in three years on May 17, 2009?
(A) Barcelona
(B) Inter Millan
(C) Real Madrid
(D) Manchester United
Ans. (A) Barcelona

4. Recently Suranjoy Singh of India sizzled with a Gold on the concluding day of the European Grand Prix boxing as India finished their campaign with four medals. This contest held in ?
(A) Czech Republic.
(B) Hungary
(C) Serbia
(D) Austria
5. Recently 12-member Sikkim Cabinet was sworn in and Pavan Kumar Chamling becomes CM for the ________?
(A) 2nd time
(B) 3rd time
(C) 4th time
(D) 5th time
Ans. (C) 4th time

6. Who among the following has been nominated to become the U.S. Attorney for Southern District of New York, by US President Barack Obama?
(A) Preet Bharara
(B) Suresh Modi
(C) Rajiv Khurana
(D) Suresh Kalmadi
Ans. (A) Preet Bharara

7. The government formed the panel after many ex-servicemen returned their medals to protest the rejection of their ‘one rank one pension’ demand. Who is heading this panel ?
(A) K.M. Chandrasekhar
(B) R Balakrishanan
(C) B S Padmanabham
(D) T. Raja Shekhar
Ans. (A) K.M. Chandrasekhar

8. Recently India’s Jayanta Talukdar, Rahul Banerjee and Mangal Singh Champia, earned India a gold medal in the recurve team event of the archery World Cup Stage I. In which country this event held?
(A) Croatia
(B) Russia
(C) Ukraine
(D) Czech Republic.
Ans. (A) Croatia

9. Recently Madhu Kannan has joined as managing director & chief executive officer (CEO) of which exchange?
(A) Bombay Stock Exchange
(B) National Stock Exchange
(C) Delhi Stock exchange
(D) None of these
Ans. (A) Bombay Stock Exchange
10. Who has won his maiden International Tennis Federation (ITF) title at Delhi Lawn Tennis Association on April 25, 2009?
(A) Yuki Bhambari
(B) Vishnu Vardhan
(C) Leander Paes
(D) Mahesh Bhupti
Ans. (A) Yuki Bhambari

11. What is the name of the first setellite launched by Iran on Feb 3, 2009 ?
(A) Shahab
(B) Hatf
(C) Zulfiqar
(D) Omid

Ans. (D) Omid

12. Recently Indian Navy commissioned INS Airavat. Which among the following terms precisely describes INS Airavat?
(A) Landing Ship Tank
(B) Waterjet Propelled Fast Attack Craft
(C) Guided Missile Frigate
(D) GPS Craft
Ans. (A) Landing Ship Tank

13. People for the Ethical Treatment of Animals (PETA) recently has entered the Limca Book of Records as the largest animal rights organisation. (May 11, 2009). In which year PETA began ?
(A) 1995
(B) 2000
(C) 1999
(D) 1980

Ans. (D) 1980

14. ‘Open Market Operation ‘ is a part of
(A) Income Policy
(B) Fiscal Policy
(C) Credit Policy
(D) Labour Policy

Ans. (D) Labour Policy
15. SDR, the curency of the IMF , is in the form of
(A) Paper Currency
(B) Gold
(C) Silver and Gold both
(D) Book keeping entry only

Ans. (D) Book Keeping entry only
16.Who is the new Prime Minister of Hungry ?
(A) Victor Orban
(B) Gorden Bajnai
(C) Jeno Fock
(D) Ference Gyurcsany
Ans. (B) Gorden Bajnai

17.Who is the new prime minister of Denmark ?
(A) Anders Fogh Rasmussen
(B) Lars Looke Rasmussen
(C) Poul Nyrup Rasmussen
(D) Poul Hartling
Ans. (B) Lars Looke Rasmussen

18.Who is the Author of the book “My China Diary”
(A)Kanwal Sibal
(B)Salman Haider
(C)J.N. Dixit
(D)Natwar Singh
Ans. (D) Natwar Singh

19.Umrao Singh has passed away recently .Which of the following field was he associated with ?
(A) Film
(B) Journalism
(C) Sports
(D) Politics
Ans. Sports

20.Vidya Pillai is related to which sport ?
(A) Snooker
(B) Golf
(C) Archery
(D) Billiards
Ans. Snooker

21.Who has become the first Indian to win two medal in a Shooting World Cup?
(A) Gagan Narang
(B) Sanjeev Bindra
(C) Abhinav Bindra
(D) Rajyavardhan Singh Rathore
Ans. Gagan Narang

22.Which country has launched a navigational Satellite?
(A) South Korea
(B) North Korea
(C) India
(D) China
Ans. China
23.Where will be held the Final of the Cricket World Cup 2011?
(A)Colombo
(B)Mumbai
(C)New Delhi
(D)Dhaka
Ans. Mumbai
24.When is the Commonwealth Day celebrated?
(A) May 1
(B) May 3
(C) May 15
(D) May 24
Ans. May 15
25.What is the full form of PTC ?
(A) Public Transport Certificate
(B) Pubic Telecommunications Council
(C) Products Through Consumer
(D) Pass Through Certificate
Ans. Pass Through Certificate

26. In India, national income is estimated by .
(a) Planning Commission
(b) Indian Statistical Institute
(c) Central Statistical Organization
(d) National Sample Survey Organization
Ans. (c) Central Statistical Organization

27. Given below are two statements .
Assertion (a) : Powers for conducting elections to the Parliament and State Legislatures in a free and
fair manner have been given to an independent body i.e. the Election Commission.
Reason (R) : Powers of removal of Election Commissioners is with the executive.
In the context of above, which one of the following is correct?
(a) Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true but R is not the correct explanation of A.
(c) A is true but R is false.
(d) A is false but R is true.
Ans. (B) Both A and R are true but R is not the correct explanation of A.

28. Which one of the following motions can the Council of Ministers in India move?
(a) No Confidence Motion
(b) Confidence Motion
(c) Adjournment Motion
(d) Censure Motion
Ans. (B) Confidence Motion

29. Hindu Rate of growth refers to the rate of growth of .
(a) GDP
(b) Population
(c) Foodgrains
(d) Per capita income
Ans. (A) GDP

30. Which one of the following is the time limit for the ratification of an emergency period by the Parliament?
(a) 14 days
(b) 1 month
(c) 3 months
(d) 6 months

Ans. (A) GDP

31. As per recommendations of the Twelfth Finance Commission, percentage share of States of the
shareable central taxes is?
(a) 28.5
(b) 29.5
(c) 30.5
(d) 32.4
Ans. (c) 30.5

32. The annual growth rate of the Indian Economy at 1999-2000 prices during 2005-2006 has been estimated between .
(a) 5 to 6 per cent
(b) 7 to 8 per cent
(c) 6 to 7 per cent
(d) 8 to 9 per cent

Ans. (D) 8 to 9 per cent

33. Which one of the following is not an objective of fiscal policy of Indian Government?
(a) Full employment
(b) Regulation of inter-State trade
(c) Price stability
(d) Equitable distribution of wealth and income.
Ans. (B) Regulation of inter-State trade

34. How many times has Financial Emergency been declared in India so far?
(a) 5 times
(b) 4 times
(c) Once
(d) Never
Ans. (D) Never

35. Which one of the following on the Consolidated Fund of India?
(a) Salary and allowances of the President of India.
(b) Salary and allowances of the Speaker of the Lok Sabha.
(c) Salary and allowances of the Justices of the Supreme Court of India.
(d) Salary and allowances of the Vice President of India.

Ans. (D) Salary and allowances of the Vice President of India.

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