Indian Overseas Bank PO Exam 05-04-2009 Solved Paper General Awareness

June 25, 2018 entranciology Bank Exams Solved Question Papers For Preparation, Previous Years Solved Question Papers 0

Q 1:-  Which one of the following cannot be called as a Debt Instrument as referred in financial transaction

  1. Certificate of Deposits
  2. Bonds
  3. Stocks
  4. Commercial papers
  5. Loans

Q 2:-  Which one of the following is true about the “SINGLE-EURO PAYMENT AREA”  a concept very much in news these days ?

  1. It is a concept floated by European Union
  2. It aims to create an integrated marked for payments service in Euro
  3. It is a contract to convert all US dollar payment into EURO, which is a currency almost free from fluctuations in its value.

Choose the correct answer

  1. Only 1
  2. Only 2
  3. Only 3
  4. Only 1 & 2
  5. None of these

Q 3:-  Which one of the following is the percentage upto which FDI in defence sector is allowed ?

  1. 26%
  2. 41%
  3. 31%
  4. 49%
  5. None of these

Q 4:-  Whenever RBI does some Open Market Operation Transactions, actually it wishes to regulate which of the following

  1. Inflation only
  2. Liquidity in Economy
  3. Borrowing powers of the banks
  4. Flow of Foreign Direct Investments
  5. None of these

Q 5:-  In economics it is generally believed that the main objective of Public Sector Financial Company like Bank is to-

  1. Employ more and more people
  2. Maximize total profits
  3. Maximize total production
  4. Provide financial service to the people of nation of its origin across the country
  5. Sell all goods at subsidized cost

Q 6:-  A company the use of price sensitive corporate information by the company- people to make gains or cover loses is known as-

  1. Insider trading
  2. Future trading
  3. Foreign trading
  4. Stock trading
  5. None of these

Q 7:-  What is repo rate ?

  1. It is a rate at which RBI sell Govt. securities to banks
  2. It is a rate at which RBI buys Govt. securities from bank
  3. It is a rate at which RBI allows small loans in market
  4. It is a rate which is offered by banks to their most valued customers or prime customers
  5. None of these

Q 8:-  The agricultural census is done at which of the following intervals ?

  1. There is no fixed term
  2. Every year
  3. Once in three years
  4. Once in ten years
  5. Once in five years

Q 9:-  The maximum amount of total revenue earned by the government of India comes from-

  1. Income tax
  2. Custom duty
  3. Excise duty
  4. VAT
  5. Corporate tax

Q 10:-  The amount of which of the following reflects the overall budgetary position of the government of India at a given time ?

  1. Revenue Deficit
  2. Total amount of income tax collected
  3. Capital Deficit
  4. Fiscal Deficit
  5. None of these

Q 11:-  As per the directive issued by the Prime Minister’s Economic Advisory Council (EAC), the % of the current account deficit (of the total GDP) during 2008-09 should not be more than –

  1. 8%
  2. 0%
  3. 1%
  4. 2%
  5. None of these

Q 12:- Which of the following financial product is NOT much popular in India as they are launched recently only ?

  1. Development bonds
  2. Insurance policies
  3. Mutual funds
  4. Sovereign wealth funds
  5. All are very popular products in India
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Q 13:-  Bharat Nirman does not cover which of the following areas ?

  1. Rural employment
  2. Rural housing
  3. Rural water supply
  4. Irrigation facilities
  5. All of the above

Q 14:-  Which of the following committee has given its recommendations on financial inclusions ?

  1. Rakesh Mohan committee
  2. Rangarajan committee
  3. Sinha committee
  4. Kelkar committee
  5. None of these

Q 15:-  Which of the following policies of a country brings a crucial impact on the economic growth of the nation

  1. Fiscal policy
  2. Foreign policy
  3. Social policies

Choose the correct answer

  1. Only 1
  2. Only 2
  3. Only 1 & 2
  4. Only 2 & 3
  5. All 1, 2 & 3

Q 16:-  Which of the following correctly describes what sub-prime lending is ?

  1. Lending to the people who cannot return the loans
  2. Lending to the people who are high value customers of the banks
  3. Lending to those who are not a regular customers of a bank

Choose the correct answer

  1. Only 1
  2. Only 2
  3. Only 3
  4. All 1, 2 & 3
  5. None of these

Q 17:-  Which of the following services provided by a bank in India is not liable for Service Tax as per existing laws ?

  1. Safe deposit lockers
  2. Merchant banking services
  3. Credit cards
  4. Discount earned on certain discounted bills
  5. None of these

Q 18:-  Which among the following gave the concept of RUPA (providing urban facilities in rural areas) ?

  1. Rajeev Gandhi
  2. Manmohan Singh
  3. APJ Abdul Kalam
  4. Sonia Gandhi
  5. None of these

Q 19:-  In India minimum supports prices are announced by the Government of India every year. Which of the following commodities is not covered under this policy ?

  1. Sugar
  2. Wheat
  3. Cotton
  4. White goods
  5. All of the above

Q 20:-   The higher rate of growth of economy certainly reduces the –

  1. Gender inequalities
  2. Poverty
  3. Population of a country
  4. Flow of foreign direct investment
  5. None of these

Q 21:-  The 11th five year plan is termed as plan for-

  1. India’s health
  2. Eradication of poverty from India
  3. India’s education
  4. Development of rural India
  5. None of these

Q 22:-  Which of the following is given permanent membership of the World Trade Organization recently

  1. Ukraine
  2. India
  3. Pakistan
  4. Sri Lanka
  5. None of these

Q 23:-  The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector this type of phenomenon is known as –

  1. Probability risk
  2. Market risk
  3. Inflation risk
  4. Credit risk
  5. None of these

Q 24:-  Which of the following is/are the major concepts visible in today’s banking industry in india

  1. Risk Based management
  2. Growing competition
  3. IT initiatives

Choose the correct answer

  1. Only 1
  2. Only 2
  3. Only 3
  4. Both 2 & 3
  5. All 1,2 & 3

Q 25:- An industry which is fighting hard to increase its market share in existing market (with new popular products) is known as-

  1. Market vendor
  2. Market operator
  3. Market leader
  4. Market follower
  5. Market challenger
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Q 26:- Ksenya Sukhinova from____ was, in December, 2008 crowned Miss World 2008

  1. Croatia
  2. Latvia
  3. Russia
  4. Sweden
  5. None of these

Q 27:-  Which of the following is/are the objectives of developing special economic zones (SEZs) ?

  1. Generate additional economic activities
  2. Generate additional employment opportunities
  3. Promotion of export of good and services

Choose the correct answer

  1. Only 1
  2. Only 2
  3. Only 3
  4. Only 1 & 2
  5. All 1,2 & 3

Q 28:-  Which of the following products launched by most of the banks help farmers in getting instant credit for various agricultural purpose ?

  1. Kissan credit card
  2. Personal loan
  3. Business loan
  4. ATM card
  5. None of these

Q 29:-  Which of the following products of the bank is specifically designed to provide financial help to children in their higher studies in India or in a foreign nation?

  1. Personal loan
  2. Corporate loan
  3. Educational loan
  4. Mortgage loan
  5. None of these

Q 30:-  Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank ?

  1. It does not accept deposits
  2. It has a limited cash disbursement
  3. Lack of human interface

Choose the correct answer

  1. Only 1
  2. Only 2
  3. Only 3
  4. All 1,2 & 3
  5. None of these are limitations

Q 31:-  When the prices of commodities, goods and services starts declining consistently, the phenomenon is known as-

  1. Discount yield
  2. Deflation
  3. Negative growth
  4. Market capitalization
  5. None of these

Q 32:-  A bank /financial organization these days relies heavily on e-commerce for its transactions . As a part of system security, it has introduced organization’s security awareness manual. This step of the organization can be classified under which one of the following categories of measures for a business ?

  1. Preventive
  2. Compliance
  3. Corrective
  4. Detective
  5. None of these

Q 33:-  Which of the following policies of the financial sectors is basically designed to transferring local financial asset freely and at market determined exchanged rates ? Policy of-

  1. Capital account convertibility
  2. Financial deficit management
  3. Minimum support price
  4. Restrictive trade practices
  5. None of these

Q 34:-  A customer wishes to purchase some US Dollars in India. He/she should go to –

  1. Public Debt Division of the RBI only
  2. American Express Bank only
  3. RBI or Any branch of the bank which is authorized for such business
  4. Ministry of foreign affairs
  5. None of these

Q 35:-  India’s look east policy was launched in the year-

  1. 1990
  2. 1992
  3. 1995
  4. 2000
  5. None of these

Q 36Sania MIrza & Mahesh Bhupati won which of the following titles recently ?

  1. Australia Open
  2. US Open
  3. Wimbledon Finals
  4. Davis Cup Final
  5. None of these

Q 37:-  Which of the following books is written by Mr. Nandan Nilekani ?

  1. Imagining India
  2. A Good Woman
  3. Between the Assassinations
  4. The White Tiger
  5. None of the these
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Q 38:-  United States President elect Barak Obama was, in December 2008, named person of the year for 2008 by –magazine

  1. News week
  2. Economist
  3. Time
  4. The guardian
  5. Forbes

Q 39:-  Which of the following is not a social assistance programme launched by the Government of India ?

  1. National Old Age Pension Scheme
  2. Annapurna Scheme
  3. National Family Benefit Scheme
  4. Indira Awas Yojna
  5. All are social assistance programmes

Q 40:-  Mr. Paul Krugman whose name was name in news recently is a famous-

  1. Medical scientist
  2. Economist
  3. Author
  4. Astrophysicist
  5. Sports Personality

Q 41:-  Mr. Raman Singh has taken over as the Chief Minister of which of the following states after a general elections therein November/December 2008 ?

  1. Jammu and Kashmir
  2. Madhya Pradesh
  3. Delhi
  4. Chhattisgarh
  5. None of these

Q 42:-  Which of  the following countries is not a member of Asia Pacific economic Co-operation (APEC) which was in news recently ?

  1. South Korea
  2. Canada
  3. China
  4. India
  5. USA

Q 43:-  Mr. Hosni Mubarak who is the recipient of the Jawahar Lal Nehru award for international understanding recently is the –

  1. President of South Africa
  2. Prime minister of South Africa
  3. President of Egypt
  4. Prime minister of Egypt
  5. Secretary general of UNO

Q 44:-  The compulsory education act will ensure education  to the children upto the age of –

  1. 10 years
  2. 12 years
  3. 8 years
  4. 6 years
  5. None of these

Q45:- Many times we see in newspapers that some projects are launched by the government authorities on PP basis. What is the full form of PPP?

  1. Preferential payment plan
  2. Public private partnership
  3. Partial payment project
  4. Popular private project
  5. Public private plan

Q 46:-  Which of the following countris is planning to launch its Moon Mission Space Vehicle Named as MOON LITE ?

  1. Pakistan
  2. Germany
  3. Russia
  4. France
  5. Britain

Q 47:-  The Buckingham Canal which is declared a National Waterway of India recently is a canal running from –

  1. Punjab – Haryana
  2. Mumbai – Goa
  3. Vijaywada – Villupuram
  4. Kochi-Kozhikode
  5. Kanyakumarin – Rameshwaram

Q 48:-  The World Development Report- 2009 is released a few months earlier, by which of the following organizations ?

  1. UNESCO
  2. ADB
  3. IMF
  4. WTO
  5. World Bank

Q 49:- What is the Statutory liquidity ratio (SLR) at present ?

  1. 14%
  2. 18%
  3. 20%
  4. 24%
  5. None of these

Q 50:-  Mr. Kunwar Narayan who was selected for the Jnanphit  Award(for 2005) recently is a famous poet and writer in –

  1. Urdu
  2. English
  3. Gujarati
  4. Punjabi
  5. Hindi

 

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