Saturday, September 24, 2011

current gk practice set for ibps clerical test

1. Which of the following is a General Insurance
Company functioning in India ?
1. Life Insurance Corporation of India
2. ICICI Prudential
3. Tata AIG
4. United India Insurance Company
5. All are General Insurance Companies
2. Who amongst the following is the Regulator of
Insurance sector in India ?
1. RBI 2. AMFI
3. IRDA 4. SEBI
5. All of these
3. Which of the following terms is NOT used in
insurance sector ?
1. Indemnity 2. Coverage
3. Misuse Alert 4. Casualty
5. Annuity
4. Which of the following Public Sector
companies/ organizations provides insurance
cover to exporters ?
1. ECGC 2. NABARD
3. SIDBI 4. IRDA
5. None of these
5. The main feature of the National Agricultural
Insurance Scheme is to insure which of the
following?
1. Life of the farmer 2. Crop of the farmer
3. Animals who are used in agricultural
activities
4. Land of the farmer
5. Both Land and family of the farmer
6. In which one of the following States was the
first UID card issued ?
1. Gujarat 2. Manipur
3. Assam 4. West Bengal
5. Maharashtra
7. Which of the following books is written by
Anita Desai ?
1. Magic Seeds
2. The Village by the Sea
3. A Bend in the River
4. My God Died Young 5. None of these
8. Expand the term MGNREGA
1. Mahatma Gandhi National Rural
Employment Guarantee Act
2. Mahatma Gandhi National Rural
Employment Guarantee Agency
3. Mahatma Gandhi National Rural
Employment Generation Act
4. Mahatma Gandhi National Rural
Employment Generation Agency
5. None of these
9. Which of the following terms is used in the field
of finance and banking?
1. Elasticity 2. Inflation
3. Pulse Rate 4. Hot waves
5. Plasma
10. With which one of the following sports, Saina
Nehwal is associated ?
1. Chess 2. Badminton
3. Long Jump 4. Lawn Tennis
5. Table Tennis11. Which one of the following States has passed a
bill to regulate the interest rates on microfinance
?
1. Odisha 2. Haryana
3. Karnataka 4. Kerala
5. Andhra Pradesh
12. Which of the following rates are reviewed by
the RBI at the time of periodical review of the
policy ?
(a) Bank Rate
(b) Repo Rate
(c) Savings Bank Rate
1. Only (a) 2. Only (b)
3. Both (a) and (b) 4. All (a), (b) and (c)
5. Only (c)
13. Which one of the following is not included in
TAPI gas project ?
1. Turkmenistan 2. Pakistan
3. Afghanistan 4. India
5. Iran
14. Which one of the following States has passed a
legislation to confiscate the property of corrupt
officials and to open schools in these
properties?
1. West Bengal 2. Jharkhand
3. Bihar 4. Rajasthan
5. Haryana
15. Brihadeeswara Temple has recently celebrated
its millennium birthday. In which of the follow
ing States is it located ?
1. Karnataka 2. Andhra Pradesh
3. Kerala 4. Odisha
5. Tamil Nadu
16. In which one of the following:
States, Jaitapur Nuclear Power plant is
proposed to be set up ?
1. Gujarat 2. Haryana
3. Odisha 4. Karnataka
5. Maharashtra
17. According to Planning Commission, in how
many years shall the per capita income in India
become double ?
1. Nine 2. Five
3. Seven 4. Three
5. None of these
18. Expand the term IFRS.
1. Indian Financial Reporting Standards
2. Indian Financial Reporting Systems
3. International Financial Reporting Standards
4. International Financial Reporting Systems
5. None of these
19. Who is Liu Xiaobo ?
1. North Korean dissident, who has been
awarded Nobel peace prize
2. Chinese citizen, who has been awarded Nobel
peace prize
3. North Korean dissident, who has been
awarded Nobel literature prize
4. Sportsman who was awarded maximum 8
Gold medals in Commonwealth
5. None of these
20. Who is Hardeep Puri ?
1. India’s permanent representative at UN
2. Vice President, IMF
3. Vice President, World Bank
4. India’s ambassador in USA
5. India’s ambassador in UK
21. With which one of the following games is Ishant
Sharma associated ?
1. Chess 2. Badminton
3. Table Tennis 4. Volley Ball
5. Cricket
22. With which one of the following games,
France’s Zinedine Zidane is associated ?
1. Hockey 2. Football
3. Snooker 4. Volley Ball
5. Base Ball
23. As per recent newspaper reports, which one of
the following countries was second largest
importer of goods and services in the world
during year 2009-10 ?
1. China 2. USA
3. Japan 4. Russia
5. India24. According to RBI governor, which one of. the
following is the challenge in its monetary
policy?
1. Inflation
2. Inflation and Supportive recovery
3. Inflation and fiscal deficit
4. Inflation and high cost of imports
5. None of these
25. Which one of the following Public Sector
Organisations has offered largest ever equity
offer ?
1. SAIL
2. Coal India
3. Power Grid
4. Shipping Corporation of India
5. None of these
26. Through which one of the following sources
domestic funds are raised by Companies ?
(a) IPO only
(b) FPO only
(c) Commercial papers
1. Only (a) and (b) 2. All (a), (b) and (c)
3. Only (a),and (c) 4. Only (a)
5. Only (c)
27. Which one of the following was the reason
owing to which Govt. want Reserve Bank of
India to tighten prudential norms for NBFCs?
1. To reduce liquidity in the market
2. It is as per Basel II requirements
3. It is as per Bank for International Settlement
(BIS) directives
4. It is to protect NBFCs from any impact of
possible economic slowdown
5. None of these
28. In the financial year 2009-10, which one of the
following Banks has made highest Total
dividend Payout?
1. SBI 2. PNB
3. Bank of India 4. Canara Bank
5. None of these
29. In respect of which one of the following
countries, India has proposed non payments for
import of crude oil ?
1. Iran 2. Iraq
3. Kuwait 4. Sudan
5. U.A.E.
30. Through which one of the following methods,
RBI has allowed Indian companies to hedge
exchange rate risks associated with trade
transactions ?
1. Forwards 2. FRA
3. Swaps 4. Currency options
5. Cross currency options
31. Which of the following books is written by
V. S. Naipaul ?
1. A Handful of Dust
2. A House for Mr. Biswas
3. A Passage to India
4. Darkness at Noon 5. None of these
32. With which one of the following countries,
India has signed agreement to build Multi
Model Transit Transport Project ?
1. Bangladesh 2. Myanmar
3. Sri Lanka 4. Nepal
5. Maldives
33. Which one of the following countries is Number
One Country in terms of Purchasing Power ?
1. USA 2. Germany
3. China 4. South Korea
5. None of these
34. Which one of the following directions has been
given by Government to Civic bodies ?
1. They must use 70 per cent of the funds for
BPL families
2. They must use 70 per cent of the funds for
the poor living within their jurisdiction
3. They must use 25 per cent of the funds for
BPL families
4. They must use 25 per cent of the funds for
the poor living within their jurisdiction
5. None of these
35. On which one of the following issues a group
of business leaders and other eminent citizens
have expressed concern ?
1. E-Governance 2. Governance
3. Fiscal deficit 4. Governance deficit
5. None of these36. ‘Yuan’ is the currency of which one of the
following countries ?
1. Japan 2. South Korea
3. North Korea 4. Taiwan
5. China
37. Which one of the following is a leading power
in 17 nation Euro Region ?
1. Germany 2. France
3. Norway 4. Greece
5. Portugal
38. What are teaser loan rates charged by banks ?
1. Fixed rate of interest charged by banks
2. Floating rate of interest charged by banks
3. Rate of interest in the initial period is less
and goes up subsequently
4. Rate of interest in the initial period is more
and it goes down subsequently
5. None of these
39. Expand the term FSDC which is used in
financial sectors ?
1. Financial Security and Development Council
2. Financial Stability and Development Council
3. Fiscal Security and Development Council
4. Fiscal Stability and Development Council
5. None of these
40. According to the 8th Annual Global Retail
Development Index (GRDI), which one of the
following countries is ‘most attractive’ retail
market in the world ?
1. China 2. India
3. UAE 4. Saudi Arabia
5. Japan
41. Govt.’s ‘Food-for-work’ programme means
1. to pay in kind to work and build rural
infrastructure
2. supplying balanced diet to workers in rural
areas
3. no-work-no-pay principle
4. ensuring enough food to rural workerhouseholds
5. None of these
42. The insurance companies collect a fixed amount
from its customers at a fixed interval of time.
What is it called ?
1. Instalment 2. Contribution
3. Premium 4. EMI
5. Service Charge
43. Which of the following is/ are the various types
of insurance ?
(a) Life Insurance
(b) Health Insurance
(c) Liability Insurance
1. Only (a)
2. Only (b)
3. Only (c)
4. All (a), (b) and (c)
5. Only (a) and (b)
44. What is the full form of ‘ESOPs’ as seen in
financial newspapers ?
1. Employee Stock Ownership Plan
2. Executive Salary Options
3. Emergency Stock Operations
4. Early Sales Opportunities
5. Executive Stock Ownership
45. Who are considered Super Senior Citizen as
per budget 2011-12 ? Those who have
completed a minimum age of
1. 65 years 2. 70 years
3. 75 years 4. 80 years
5. 90 years
46. Pohang Steel Company (POSCO) is a company
originally based in
1. China 2. Vietnam
3. USA 4. Italy
5. South Korea
47. As per the revised data released by the Central
Statistical Organisation, the GDP growth in
2010 has been at which of the following levels?
1. 6% 2. 6.5%
3. 8% 4. 7.5%
5. None of these
48. Who amongst the following was awarded
Padma Vibhushan recently (2011) ?
1. Kumar Mangalam Birla
2. Harbhajan Singh
3. Nirupama Rao

4. Montek Singh Ahluwalia
5. Saina Nehwal
49. Annual meeting of World Economic Forum was
organized in January 2011 in which of the
following cities ?
1. Davos 2. Milan
3. Tokyo 4. London
5. Lisbon

50. India recently signed a deal on the sharing of
Teesta and Feni river waters. This agreement
is signed with which of the following countries?
1. Nepal 2. China
3. Pakistan 4. Bangladesh
5. Bhutan
1. (4) 2. (3) 3. (3) 4. (1) 5. (2) 6. (5) 7. (2) 8. (1) 9. (2) 10. (2)
11. (5) 12. (4) 13. (5) 14. (3) 15. (5) 16. (5) 17. (1) 18. (3) 19. (2) 20. (1)
21. (5) 22. (2) 23. (5) 24. (3) 25. (2) 26. (3) 27. (4) 28. (5) 29. (1) 30. (4)
31. (2) 32. (2) 33. (1) 34. (2) 35. (2) 36. (5) 37. (1) 38. (3) 39. (2) 40. (2)
41. (5) 42. (1) 43. (4) 44. (1) 45. (4) 46. (5) 47. (3) 48. (4) 49. (1) 50. (4)
A n s w e r s

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