General Awareness / Banking Awareness Practice Paper for IBPS Clerks CWE Online Exam

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Friends, here is the practice paper of General and Banking Awareness Section of IBPS Clerks Online Examination 2012. For this section you will get 40 questions. 20 Questions from General Awareness (Current Affairs and GK) and 20 Questions from Banking Awareness (Important Events recently happened in Banking Industry and Basics of Banking). We've created this sample paper in the same pattern which you are going to face for the IBPS Online Exam. So we feel it will be useful for you in your preparation. Don't forget to LIKE our Facebook Page here for daily updates of IBPS Clerks Exam. 

1.     As per Railway Buget for 2011-12 the senior citizen concession for men have been increased from 30% to

a.     50%

b.     80%

c.      50%

d.     40%

e.      60%

2.     Name the New Railway Minister of India ?

a.     Mallikarjun Kharge

b.     Muku l Roy

c.      Aparna Sen

d.     Manohar Parrikar

e.      Pranab Mukherji

3.     SEBI recently allowed which instrument as valid address proof investors ?

a.     Aadhaar card

b.     Passport

c.      Voter ID

d.     Driving Licence

e.      Ration Card

4.     Who won the Nobel Literature Prize for the year 2012 ?

a.     Mo Yan

b.     Li Na

c.      Shan guy

d.     Chetan Bhagat

e.      James watson

5.     Which of the following statements is TRUE about International Monetary Fund (IMF) ?

a.     IMF provide Ways and Means Funds to member countries

b.     IMF is an agency of the World Bank and ivsituated in Prague

c.      IMF makes all the rules and regulations in relation to the World Trade between the nations

d.     On becoming member of the IMF, countries get finance as temporary Balance of payment needs

e.      IMF is an organization floated by the members of NATO and caters to the need of those countries only

6.     Name the Chinese woman who won Miss World 2012 title ?

a.     Yu Wenxia

b.     Victoria Azarenka

c.      Li Na

d.     Mo Shi

e.      Serena

7.     The bank rate is ……………

a.     free to fluctuate according to the forces of demand and supply

b.     set by the RBI

c.      set by the RBI as directed by the Union Ministry of Finance

d.     set by RBI as advised by the Indian Banks Association

e.      set by Government of India on the recommendation of the Planning Commissoin

8.     Who is the new Chairman of  ICC Cricket Committee ?

a.     Rahul Dravid

b.     Virat Kohli

c.      Anil Kumble

d.     Ajay Jadeja

e.      Rahul Bose

9.     How  many Silver medals did India win in London Olympics 2012 ?

a.     2

b.     6

c.      4

d.     2

e.      3

10.                        Which of the following terms is used in the field of Banking & Finance ?

a.     Special Drawing Rights

b.     Affirmative Defence

c.      Civil Procedure

d.     Informed consent

e.      Question of Fact

11.                        Justice Dharmadhikari Committee Report is associated with ?

a.     Thermal power plant

b.     Aviation Industry

c.      Telangana Issue

d.     Indian Economy

e.      Money laundering

12.                        Name the new prime minister of Mangolia ?

a.     Norov Althanhuyag

b.     Thomas Murrey

c.      Robert Flash

d.     Antony Chekov

e.      Ripsy Bernod

13.                        Which bird has been declared as state bird by the Delhi Government ?

a.      Parrot

b.     Peacock

c.      Duck

d.     House Sparrow

e.      Hen

14.                        Which of the following is one of the Millennium Development Goals fixed by the United Nations Organisations (UNO) ?

a.     Develop a global partnership for development

b.     Develop new varieties of food grains which can ensure bumper crops

c.      To ensure that population does not increase in Least Developed countries at an alarming rate

d.     Develop measures to avert deadly Hurricanes/Tsunamies etc. in an effective way

e.      Ensure that a Global Economy is developed where all nations can participate according to their  Strengths

15.                        Which of the following countries recently got a new bailout package with the help of the Private Sector ?

a.     Germany

b.     France

c.      USA

d.     Greece

e.      Russia

16.                        The first human who landed on the Moon died recently. Who is he?

a.     Neil Armstrong

b.     Robert Neil

c.      Neilgiri Verma

d.     Rakesh Sharma

e.      Rohit Sharma

17.                         3 Indian banks allowed to operate in Pakistan. Thos are  PNB, Bank of India and ?

a.     State Bank of India (SBI)

b.     Bank of Baroda

c.      Andhra Bank

d.     Corporate Bank

e.      ICICI

18.                        RBI recently published "Payment System Vision Document 2012-15", which stressed on

a.     Bank Account for all Indians

b.     Arrest Rupee depreciation

c.      None of these

d.     Less cash economy

e.      Bank accounts for Foreigners

19.                        India recently completed negotiations with 16 countries for entering into a 'TIEA'. TIEA denotes which of the following ?

a.     Tax India Exchange Account

b.     Tax Information Exchange Agreement

c.      Total Information Exchange Accord

d.     Terminal Issue & Exchange Agreement

e.      Tax Issues & Export Agreements

20.                        Famous Sardar Sarovar Dam is built across which of the following rivers ?

a.     Ganga

b.     Tapti

c.      Krishna

d.     Narmada

e.      Satluj

21.                        Which of the following is NOT a Credit Rating Agency ?

a.     Credit Analysis & Research Ltd. (CARE)

b.     Lintas India Pvt. Ltd.

c.      Moody's Investors Service

d.     Standard & Poors

e.      Fitch Ratings

22.                         Who among the following is the President (Chief) of the World Bank at present 7

a.     Peter Thomson

b.     Goran Hadzic

c.      Jim yong Kim

d.     Alan Greenspan

e.      Z. Zang

23.                         How many number of Coaches Received Dronacharya Award 2012?

a.     9

b.     10

c.      8

d.     26

e.      3

24.                         Which of the following Awards is given for excellence in the field of Literature ?

a.     Dada Saheb Phalke Award

b.     Shanti Swarup Bhatnagar Award

c.      PadmaBhushan

d.     NirjaBhanot Award

e.      Pulitzer Prize

25.                         Recently Indian Test Cricket Team Senior player announced his retirement. Who is he?

a.     VVS Laxman

b.     Ramesh Naidu

c.      Venkatapathi Raju

d.     Yuvraj Singh

e.      Rohit Sharma

26.                         Which country won the maximum no. of medals in London Olympics 2012?

a.     USA

b.     China

c.      India

d.     Netherlands

e.      Argentina   

27.                         New Vice President of India is ?

a.     Salman Kurshid

b.     Hamid Ansari

c.      B. Laxman

d.     C. Rangarajan

e.      Mustafa Ahmed

28.                        Bank branches which can undertake foreign exchange business directly are known as foreign exchange.

a.     Authorized dealers

b.     Foreign dealers

c.      Overseas branches

d.     Approved dealers

e.      Exchange branches

29.                         Which of the following is the name of a Scientific Instrument ?

a.     Plasma  

b.     Pascal

c.      Radiation

d.     Lactometer

e.      Adrenal Cortex

30.                         Which of the following countries is NOT a permanent member of the UN Security Council ?

a.     China

b.     India

c.      Russia

d.     France 

e.      U.S.A.

31.                        Many times we read a term DoT  in various newspapers in connection of 2G Spectrum. What is its full form ?

a.     Department of Transport

b.     Department of Training

c.      Directorate of Technology

d.     Director of Tele services

e.      Department of Telecom

32.                        The outcome document of Rio+20 is named as

a.     Earth for All

b.     Save our Mother

c.      Future We want

d.     none of these

e.      Water for all

33.                        When a banker talks about CDR, what is he talking about ?

a.     Corporate Debt Restructuring

b.     Corporate Debt Rollover

c.      Corporate Deposit Restructuring

d.     Asset Liability Mismatch

e.      Company Deposit Restructuring

34.                         Expand the term ALM as used in Banking/Finance sector?

a.     Asset Liability Management

b.     Asset Liability Maturity

c.      Asset Liability Mismatch

d.     Asset Liability Manpower

e.      Asset Liability Maintenance

35.                        Which of the following is the overall female literacy rate, in India as per recent census ? Approximately

a.     50%

b.     60%

c.      65%

d.     70%

e.      73%

36.                        Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are terms most closely related to which of the following industries/markets ?

a.     Capital Market

b.     Banking industry

c.      Commodities market

d.     Money Market

e.      Mutual fund industry

37.                        What is the maximum period for which domestic term deposits are normally accepted by banks in our country ?

a.     3 years

b.     5 years

c.      7 years

d.     10 years

e.      12 years

38.                        If you wish to purchase some U.S. Dollars for your travel abroad, you should approach ?

a.     The ministry of finance

b.     The U.S. Embassy

c.      Any Bank Branch authorised to do such activity

d.     The Reserve Bank of India only

e.      External Affairs Ministry

39.                         What is Salwa Judum?

a.     An anti naxalite movement

b.     Name of a police force

c.      A govt Organization

d.     Terrorist organization

e.      A branch of naxalite

40.                         Who is elected as new Deputy Chairman of Rajya Sabha ?

a.      Pradeep Antony

b.     P.J.Kurien

c.      Ahmed Jain

d.     Hameed Ansari

e.      Salman Kursheed

Banking Awareness / General Awareness Sample Paper for IBPS Clerks CWE Online Exam