National Current Affairs Solved Objective Type Questions for April 2012

National Affairs 20 Questions Quiz

1) India and which country on March 1,2012,decided to open a new chapter in bilateral cooperation by agreeing to undertake joint operations against pirates and sharing technological know how on seabed research?

1) China

2) Japan

3) Russia

4) New Zealand

Ans 1

2) A meeting at the prime minister office on Feb 29,2012, decided to increase the total expenditure on health to what percent of the GDP from the current 1.4 percent by the end of the coming 12th plan period?

1) 2.0 Percent

2) 2.5 Percent

3) 3.0 Percent

4) 4.0 Percent

Ans 2

3) India and which country recently announced to have resolved their longstanding issues of payments for export shipment?

1) Iran

2) Syria

3) Lebanon

4) Pakistan

Ans 1

4) The indigenously development advanced light-weight torpedo and the Akash missile system was on March 3,2012,handed over to the Navy and the Indian Air force respectively at a function in

1) Visakhapatnam

2) Hyderabad

3)  Pune

4) Kolkata

Ans 2

5) The golden Jubilee celebrations of Afro-Asian Rural development organization were held in New Delhi in March 2012.The AARDO president hails from 

1) India

2) Egypt

3) Morocco

4) South Africa

Ans 2

6) The National Association of Street vendors of India( NASVI ) and Nidan,an organization that supports unorganized workers,were on March 29,2012 honored with the skoll Award for social entrepreneurship by the skoll foundation in

1) Toronto

2) oxford

3) Paris

4) Frankfurt

Ans 2

7) Union minister for Rural development, Drinking Water and sanitation Jairam Ramesh in March 2012 announced a national award for sanitation and water in the name of Maharashtrian saint sant

1) Romesh Hatangadi

2) Gadge Baba

3) Suresh Bhagwan

4) Shiv sagar Baba

Ans 2

8) Who among the following, on march 11,2012,said he will be "Very Sad" if India boycotts the London Olympics following the row over sponsorship of the event by Dow Chemicals, linked to the Bhopal gas tragedy?

1) Barack Obama

2) David Cameron

3) Manmohan singh

4) Hillary Clinton

Ans 2

9) The high level safety review committee recently submitted its report to the Ministry of railways with a Number of recommendations,who is the chairman of this committee ?

1) C.Rangarajan

2) Lalu Yadav

3) Anil Kakodkar

4) Harish Rawat

Ans 3

10) In an important development on March 12,2012, the supreme court issued notices to nsix ministers and eight Indian Administrative services officers from

1) Andhar Pradesh

2) Karnataka

3) Kerala

4) Tamil Nadu

Ans 1

11) Which of the following was pointed by the union Finanace minister Pranab Mukherjee in March 2012 as one of the major challenges facing public sector banks(PSB) in emerging as potential global tenders?

1) Human Capital deficit

2) Human Capital deficit

3) Innovation deficit

4) Technology deficit

Ans 1

12) The Centre told the Supreme Court in March 2012 that it was Probing into the allegations that the former Chief Justice of India and his relatives amassed assets disproportionate to their Known sources of income.Who is the chief Justice in reference here?

1) K.G.Balakrishna

2) S.H.Kapadia

3) Altamas Kabir

4) Dalveer Bhandari

Ans 1

13) The Functioning of both houses of Parliament was disrupted on March 13,2012,When members demanded that India support the resolution to be moved by------ against sri lanka at the U.N Human Rights Council.

1) U.S.A

2) France

3) Norway

4) All of the above

Ans 4

14) Noted critic Namvar Singh in March 2012 presented the Jnanpith Award to eminent hindi author Amar Kant at a Special ceremony in

1) New Delhi

2) Lucknow

3) Allahabad

4) Patna

Ans 3

15) Increasing the fare for the first time in eight years, the railway budget for 2012-13, presented before the parliament on March 14,2012,envisages how many new trains?

1) 90

2) 113

3) 145

4) 166

Ans 2

16) Okram Ibobi Singh was sworn as chief minister for the third Consecutive term of which state in March 2012?

1) Arunachal Pradesh

2) Nagaland

3) Manipur

4) Tripura

Ans 3

17) Governor Shivraj V.Patil in March 2012 administered the oath of office and secrecy to Parkash Singh Badal,Who took over as the chief minister of Punjab for a record- time

1) Fifth

2) Third

3) Fourth

4) Seventh

Ans 1

18) The finance ministry, on March 15,201, gave it's nod for the labour and employment ministry to fix the rate of interest payable to EEPF sub-subscribers at which percentage for2011-12?

1) 8.25%

2) 8.75%

3) 9.25%

4) 9.50%

Ans 1

19) The Cabinet of which state in march 2012 decided to give a grant of rS. 30,000 to high school pass Muslims girls for perusing their education and marriage?

1) Uttar Pradesh

2) West Bengal

3) Andhra pradesh

4) Delhi

Ans 1

20) Which of the following Chief ministers of India figures on the cover of the Time magazine in March 2012 which prasied him in an article for the development of the State?

1) Mamta Banarjee

2) Nitish Kumar

3) Ashok Gehlot

4) Narendra Modi.

Ans 4

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Posted in: Current Affairs,General Knowledge 2012,Quiz 2012

RBI Model Question Papers of General Awareness

RBI Exam General Awareness Sample Question Papers 

1) The Committee on Financial Sector Assessment(CFSA) set up by the Reserve Bank of India has also recommended several reforms in which of the following laws in India ?

1) Taxation Laws

2) Commercial Laws

3) Banking Regulation Laws

4) Property Laws 

5) All of these

Ans 3

2) A Bank normally does not have to deal with an issue related to-----

1) Payment and settlement system

2) Contractual rights of Creditors

3) Intellectual Property of rights

4) Cases of Insolvency

5) Coordination between regulators active in Banking/Financial sectors

Ans 3

3) Many times we read in newspapers that some bank has/have to write off certain amount advanced by them.In banking terminology, what does write off mean ?

1) Loans sanctioned on paper but bank has yet to make provision for the same so that borrower can withdraw the money.

2) Big corporate loans for which bank has//have to take approval from RBI.

3) Loans for which documentation work is yet to be completed

4) Bad and uncollectable loan.

5) Those loans which can never become bad or uncollectable loans as they are given under some social assistance scheme by the  government of India.

Ans 4

4) As per the report published in various financial newspapers/magazines,export to euro zones from various countries and India unexpectedly tumbled again in last two/three months.what does it indicate?

A) It has raised fresh doubts about the reality of the economics recovery of "16 Countries strong"Euro zone.

B) Euro has yet to established its Credibility as an acceptable currency.Countries still prefer US $ to any other currency for major trans-border trades.

C) Euro Zone Countries do not wish to import much from India

1) Only A

2) Only B

3) Only C

4) All A,B and C

5) None of these

Ans 2

5) Who among the following was the chairperson of the "working Group on Benchmark Prime Lending Rate(BPLR) " constituted by the Reserve Bank of India?

1) Dr.K.C.Chakrovorty

2) Mr.Deepak Mohanty

3) Mr.R.Bhaskaran

4) Mr.O.P.Bhatt

5) Mr.M.V.Nair

Ans 1

6) The Index of Industrial Production(IIP) is completed and released by which of the following organizations/agencies?

1) Registrars of Companies.

2) Confederation of Indian industries

3) Bombay Stock Exchange

4) Reserve bank of India 

5) Central Statical organization

Ans 4

7) Many time we read in financial newspapers about public Debt.Which of the following is/are the component of the Public Debt ?

A) Market Loans

B) External Loans

C) Outstanding against Saving Scheme/Provident Fund

1) Only A

2) Only B

3) Both A and B

4) Only C

5) All A, B, C

Ans 5

8) Retail investors made Rs 1.9 lakh Crore in market rally.as the news in some major financial newspapers recently.The term "Retails investors" as used in this headline,means which of the following type of stock market investors ?

1) Promoters of the companies

2) Individuals

3) Foreign Institutional Investors

4) Mutual Funds

5) Corporate bodies

Ans 2

9) As per the news published in major news papers,the Reserve Bank of India(RBI) raised statuary liquidity Ratio(SLR) by 100 basis points to 24%.What was the reason owing to which RBI raised the SLR ?

A) It will help in reducing liquidity in the market.

B) Inflation will come down substantially.

C) It will facilitate companies to launch their IPOs as the financial climate will become conductive for the same.

D) It will facilitate companies to launch their IPOs as the financial climate will become conductive for the same

1) Only A

2) Only B

3) Only A and B

4) Only B and C

5) All A, B and C

Ans 3

10) As Per the Reserve Bank of India the economic condition in India are not yet suitable for full convertibility of Rupee.At present rupee is convertible at which of the following accounts ?

A) Fully at Capital Account

B) Fully at Current Account

C) Partially at Trade Account

1) Only A

2) Only B

3) Only C

4) Only A and C

5) None of these

Ans 2

11) As per the existing norms and political of the RBI. Banks are required to advance how much of their total advances to priority Sectors ?

1) 30%

2) 35%

3) 40%

4) 25%

5) None of these

Ans 3

12) The Rate of interest,banks charge to its main and Prime.customer is popularly called as------

1) Risk Premium

2) Prime Lending Rate

3) Repo Rate

4) Reserve Repo Rate

5) Cost of Fund

Ans 2

13) Which of the following was the First Mutual Fund listed on the newly launched Mutual Fund platform on National Stock Exchange ?

1) UTI Mutual Fund

2) SBI Mutual Fund

3) LIC Mutual Fund

4) Bank of Baroda Mutual Fund

5) None of these

Ans 1

14) Which of the following is one of the eight Millenium Development goals set by the UNO ?

1) Eradication of Poverty and Extreme Hunger

2) Reduction in Nuclear warheads in the world

3) Total Peace in Iraq and Afghanistan

4) Restoration of Peace in Darfur

5) None of these

Ans 1

15) A borrowal account is classified as sub-standard if it overdue for more than 90 days.It means that the account has to be overdue at the maximum for ----------- in order to be classified in the doubtful category:

1) 12 month

2) 15 month

3) 18 month

4) 17 month

5) None of these

Ans 2

16) Parambikulam-Aliyar Multipurpose project located in the Hills of ---------

1) Nilgiri hills range

2) Periyar hills range

3) Anamalai hills Range

4) Sahyadri hills Range

5) None of these

Ans 3

17) Which of the following cannot be called as a Debt instrument as referred in financial transaction?

1) Certificate of deposit

2) Bonds

3) Stocks

4) Commercial Papers

5) Loans

Ans 5

18) Which of the following is not a Social Sector Programme launched by the govt of India ?

1) Sarva Siksha Abhiyan

2) National Rural Employment Guarantee Scheme

3) Mid Day meal Scheme

4) National Rural Health Mission

5) Overseas Indian Citizenship Scheme

Ans 5

19) When was the "Self Help Group"bank linkage Programme Started ?

1) 1992

2) 1995

3) 1998

4) 2001

5) None of these

Ans 1

20) The Olympic Games 2016 will be organized in the city of ----------

1) New Delhi

2) Paris

3) Tokyo

4) New York

5) Rio de Janeiro

Ans 5

 

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Posted in: banking question paper,General Knowledge 2012,RBI Written Exam 2012