1. Which of the following statements about CHOGM 2011 is/are true?
1) The Commonwealth Heads of Government Meeting 2011, commonly known as CHOGM 2011, was held in Perth, Australia in October 2011.
2) The 22nd Meeting of the Heads of Government of the Commonwealth of Nations was chaired by Julia Gillard, the Prime Minister of Australia.
3) Hamid Ansari, the Vice President, represented India at the Summit.
4) Canadian Prime Minister Stephen Harper had threatened to boycott the 2013 CHOGM, to be held in Sri Lanka, if allegations of human rights abuses against the country's Tamil minority were not investigated.
5) All the statements are correct.
2. Muammar Qadhafi was killed in October 2011 in his hometown Sirte. He was the former leader of which of the following countries?
1) Tunisia
2) Egypt
3) Syria
4) Libya
5) Yemen
3. The Election Commission has disqualified Umlesh Yadav, an MLA from Uttar Pradesh, from contesting again for three years for suppressing expenditure (the amount spent for issuing the advertisements) in her election accounts. She is the first political victim of the paid news phenomenon. She was elected from which of the following political parties?
1) Rashtriya Janata Dal
2) Samajwadi Party
3) Rashtriya Parivartan Dal
4) Bharatiya Janata Party
5) Bahujan Samaj Party
4. Alain Juppe visited India in October 2011. He is the Minister for Foreign Affairs of which of the following countries?
1) Germany
2) Italy
3) United Kingdom
4) France
5) Spain
5. M.K.Mani has been honoured with the 40th Dhanvantari Award. In which of the following fields is this prestigious award given annually?
1) Print Journalism
2) Cinema
3) Architecture
4) Medical Science
5) Literature
6. The South India's first metro rail service was started in which of the following cities in October 2011?
1) Chennai
2) Bangalore
3) Hyderabad
4) Cochin
5) None of these
7. Who is the Chairman of the Prime Minister's Economic Advisory Council (PMEAC)?
1) Bimal Jalan
2) Suresh Tendulkar
3) C.Rangarajan
4) Y.V.Reddy
5) Montek Singh Ahluwalia
8. Shakti-2011 is a joint army exercise between India and which of the following countries? (It was conducted in Uttarakhand in October 2011)
1) Sri Lanka
2) France
3) USA
4) China
5) Philippines
9. Who won the National Chess title in Aurangabad in October 2011?
1) Abhijeet Gupta
2) Deepan Chakkravarthy
3) S.P.Sethuraman
4) M.R.Venkatesh
5) Vidit Gujarathi
10. Who has been honoured with the Presidential Citizens Medal by U.S. President Barack Obama for her courage in overcoming and speaking out against domestic abuse in the Indian-American community?
1) Kavya Lahiri
2) Vijaya Emani
3) Kalpana Sen
4) Anuradha Sen
5) None of these
11. Which English cricketer is the author of the book 'The Breaks are off-My Autobiography'?
1) Kevin Pietersen
2) Graeme Swann
3) Alastair Cook
4) Ian Bell
5) Andrew Strauss
12. Who made history by winning the inaugural Formula One Indian Grand Prix at the Buddh International Circuit in Greater Noida in October 2011?
1) Sebastian Vettel
2) Jenson Button
3) Fernando Alonso
4) Mark Webber
5) Michael Schumacher
13. Who was re-appointed the Commonwealth Secretary- General for four more years in October 2011?
1) Don McKinnon
2) Arnold Smith
3) Kamalesh Sharma
4) Shridath Ramphal
5) None
14. Who received "The Hindu Lite-rary Prize for Best Fiction 2011" for his/her debut novel "The Sly Company of People Who Care" in October 2011?
1) N.S.Madhavan
2) Rahul Bhattacharya
3) Amitav Ghosh
4) Anuradha Roy
5) None
15. Who is the author of the book 'The TCS Story…and Beyond'?
1) Ratan Tata
2) N.Chandrasekaran
3) S.Ramadorai
4) N.R.Narayana Murty
5) Nandan Nilekani
16. The National Development Council (NDC) meeting was held in New Delhi recently. Who is the Chairman of the NDC?
1) Manmohan Singh
2) P.Chidambaram
3) Pranab Mukherjee
4) Sonia Gandhi
5) Montek Singh Ahluwalia
17. Jigme Khesar Namgyel Wangchuck visited India recently. He is the king of which of the following countries?
1) Nepal
2) Mauritius
3) Thailand
4) Bhutan
5) None of these
18. New Zealand won the Rugby World Cup in October 2011 after defeating which of the following countries in the final held in Auckland, New Zealand?
1) USA
2) UK
3) Canada
4) Australia
5) France
19. Ellen Johnson Sirleaf is one of the three recipients of the Nobel Peace Prize for 2011. She is the President of which of the following countries?
1) Yemen
2) Liberia
3) Rwanda
4) Sudan
5) Kenya
20. Who is considered as the father of the white revolution in India?
1) M.S.Swaminathan
2) H.G. Khorana
3) U.R.Rao
4) Verghese Kurien
5) None
21. Which of the following terms is used in the game of hockey?
1) Deuce
2) Penalty Corner
3) LBW
4) No Ball
5) Back Hand
22. Which city hosted the 5th IBSA Summit in October 2011?
1) Cape Town
2) Durban
3) Pretoria
4) Johannesburg
5) Bloemfontein
23. Who among the following leaders did not attend the IBSA Summit in October 2011?
1) Dilma Rousseff
2) Jacob Zuma
3) Manmohan Singh
4) Dmitri Medvedev
5) None of these
24. Who among as following has been elected the President of Kyrgyzstan? (He is the present Prime Minister)
1) Adakhan Madumarov
2) Kamchibek Tashiyev
3) Almazbek Atambayev
4) Nursultan Nazarbayev
5) None of these
25. Who was presented the Indira Gandhi Award for National Integration 2010 for his yeoman service in promoting and preserving the spirit of national integration on October 31, 2011, the death anniversary of Indira Gandhi?
1) Vijay Darda
2) Mohan Dharia
3) Jaipal Reddy
4) Pranab Mukherjee
5) A.K.Antony
26. Who headed the Committee on direct transfer of subsidies on Kerosene, LPG and Fertilizers to the beneficiaries?
1) Manmohan Singh
2) Pranab Mukherjee
3) C.Rangarajan
4) Nandan Nilekani
5) Montek Singh Ahluwalia
27. Which of the following programmes launched by the Government of India aims at enhancing the Livelihood security of the people in rural areas by guaranteeing hundred days of employment in a financial year to a rural household?
1) JNNURM
2) ASHA
3) Kutir Jyoyhi
4) Bharat Nirman
5) MGNREGS
28. Which of the following is the period of the first Five Year Plan in India?
1) 1950-55
2) 1947-52
3) 1951-56
4) 1948-53
5) None of these
29. What is the name of the scheme that was launched by the Government of India for adolescent girls in November 2010?
1) ASHA
2) Swabhiman
3) Swawalamban
4) SABALA
5) Aadhar
30. PIIGS is an acronym for nations of which of the following continents?
1) Asia
2) Africa
3) Europe
4)South America
5) North America
31. Who among the following has never worked as RBI Governor?
1) C.Rangarajan
2) Bimal Jalan
3) Manmohan Singh
4) L.K.Jha
5) Yashwant Sinha
32. Which bank has taken over the Centurion Bank of Punjab?
1) ICICI Bank
2) HDFC Bank
3) IDBI Bank
4) AXIS Bank
5) OBC
33. Which country is considered as the pioneer of Micro Finance?
1) India
2) Pakistan
3) Bangladesh
4) Sri Lanka
5) China
Answers
1) 5 2) 4 3) 3 4) 4 5) 4 6) 2 7) 3 8) 2 9) 1 10) 2 11) 2 12) 1 13) 3 14) 2 15) 3 16) 1 17) 4 18) 5 19) 2 20) 4 21) 2 22) 3 23) 4 24) 3 25) 2 26) 4 27) 5 28) 3 29) 4 30) 3 31) 5 32) 2 33) 3
Posted by BANKING AWARENESS at Wednesday, November 02, 2011 0 comments ![http://img2.blogblog.com/img/icon18_edit_allbkg.gif]()
1. Which of the following teams won this season’s Indian Premier League (IPL) cricket cup?
a) Royal Challengers Bengalore
b) Mumbai Indians
c) Kolkata Knight Riders
d) Deccan Chargers
e) Chennai Super Kings
2. In the run-up to the free trade agreement between India and the European Union (EU), which of the following subjects has the EU taken up with the World Trade Organisation (WTO) pressing for its inclusion much to India’s discomfort?
a) Farm goods
b) Defence articles
c) Intellectual Property Rights
d) Visa norms
e) Industrial goods
3. Which of the following cities has been declared as the costliest city in the world?
a) Kobe
b) Paris
c) Zurich
d) Oslo
e) Tokyo
4. What is the Minimum Support Price (MSP) per quintal fixed by the Centre for wheat for the season 2010-11?
a) Rs. 1,000
b) Rs.1,100
c) Rs.1,200
d) Rs.1,300
e) Rs.1,250
5.Who is to take over as non-executive chairman of India’s second larges IT company, Infosys, when the incumbent chairman NR Narayana Murthy retires in August this year?
a) KV Kamath
b) Amit Mitra
c) Renuka Ramnath
d) Samidha Sharma
e) Vinita Bali
6 In which of the following countries has Tata Motors launched its Nano cars, touted to be the cheapest car of the world, for the first time outside India?
A) Sri Lanka
B) Nepal
C) Malaysia
D) Indonesia
a) Only (B)
b) Only (A) Indonesia
c) Only (C)
d) Only (A), (B) and (D)
e) None of these
7. Which f the following business ownership structure companies has been given green signal by the stock market regulator, SEBI, to get membership of stock exchanges and make brokers?
a) Sole proprietorship companies
b) Limited liability companies
c) Non-profit organizations
d) Cooperative companies
e) None of these
8.Which of the following teams has won the Santosh Trophy football tournament?
a) Manipur
b) Delhi
c) Haryana
d) West Bengal
e) Madhya Pradesh
9.With which of the trading partners do Indian farm goods face market access problems on the grounds of arbitrary SPS (Sanitary and Phyto-Sanitary) standards and CCC (chemical residues)?
a) US
b) ASEAN
c) SAARC
d) EU
e) Japan
10.Indian Railways is to construct the longest tunnel (11km long) on its network in the under-construction railway segments of
a) Indo-Burma rail project
b) West Coast Railways of India
c) Katra-Qazigund Pir Panjal Tunnel
d) Arunachal railway project
e) Gangtok - Siliguri railway project
11. There has been stalemate in the drafting committee of Lokpal Bill between the civil activists and political leader over the contents of he Bill. Which of the following are the major bones of contention between the two sides?
I. Inclusion of the office of the Prime Minister under anti-corruption watchdog
II. Bringing higher judiciary under the purview of Lokpal
III. Bringing the office of the Chief Ministers under Lokpal.
IV. In camera monitoring of the activities of MPs in Parliament.
a) Only I and II
b) Only IV
c) Only I, II and IV
d) All the above
e) None of these
12. Which of the following teams has recently won the Champions Leagues final at Wembley in London?
a) Manchester United
b) Barcelona
c) Real Madrid
d) AC Milan
e) Chelsea FC
13.Which of the following countries has recently decided to phase out all it nuclear power plants by 2022?
a) Japan
b) Italy
c) Ukraine
d) Germany
e) Spain
14.Who has been honoured with the prestigious Jawaharlal Nehru Award for International Understanding for 2009?
a) Angela Merkel
b) Hillary Clinton
c) Aung San Suu Kyi
d) Lula da Silva
e) Sheikh Hasina
15.G-4 is an alliance of four countries for the purpose of supporting each other’s bid for permanent seat in the United Nations Security Council. Apart from India, which are the other three countries constitution G4?
a) Brazil, Germany and Japan
b) Brazil, South Africa and Japan
c) Mexico, Brazil and South Africa
d) Japan, Brazil and Mexico
e) None of these
16.In which of the following international universities has a chair been instituted in the memory of India’s pioneering development economist, Sanjay Lall?
a) Cambridge University
b) Stanford University
c) Oxford University
d) Moscow University
e) San Carlos University
17.Name the new non-linked health insurance plan of the Life Insurance Corporation (LIC) of India which offers comprehensive hospitalization benefits for the whole family and parents-in-law of the principal insured?
a) Rishtey
b) Jeevan Sathi
c) Anmol Jeevan
d) Health Plus
e) Jeevan Arogya
18.Who has been nominated for the CK Naidu Lifetime Achievement award?
a) Lala Amarnath
b) Salim Durrani
c) Syed Mushtaq Ali
d) KN Prabhu
e) Syed Kirmani
19. British - born Sierra Leonean novelist Aminatta Forma won the 2011 Commonwealth Writers’ Prize for which of the following novels?
a) The Devil that Danced on the Water
b) Ancestor Stones
c) The Memory of Love
d) Ancestor Love
e) All for Love
20. Which of the following rules has/have not been scrapped by the insurance regulator IRDA?
a) Commission on the sale of ULIP
b) Profitability clause of three years for floating initial public offer (IPOs)
c) Traditional insurance plans have to make 50% investment in government bonds
d) Only a and b
e) Only a and c
21.Small Industries Development Bank of India (SIDBI) has been operating under SWS. What is the full form of SWS?
a) Small Welfare Scheme
b) Single Window Scheme
c) Small Window Service
d) Single Window Service
e) None of these
22. Which of the following is the target fixed by the 11th five-year plan pertaining to increase literacy, level by the 2012 The level should be increased to
a) 50%
b) 60%
c) 70%
d) 85%
e) 90%
23.‘Blue Revolution’ is related to
a) Space Research
b) Fisheries
c) Drinking Water
d) Poultry
e) Milk
24.Normally two types of factors are responsible for industrial sickness - external and internal. Which of the following is not an internal factor of industrial sickness?
a) Shortage of power
b) Mismanagement
c) Diversion of funds
d) Excessive overheads
e) Overestimation of demand
25.Which of the following is an employment - generating scheme?
a) Ganga Kalyan Yojana
b) IRDA
c) Swarnjayanti Shahri Rozgar Yojana
d) Mid-Day Meal Scheme
e) All of the above.
26.Ethanol - mixed petrol is being sold in various states wef January 1, 2003. The percentage of ethanol in petrol is
a) 10%
b) 7%
c) 6%
d) 5.5%
e) 5%
27. Which of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?
a) Services - Industry - Agriculture
b) Services - Agriculture - Industry
c) Industry - Services - Agriculture
d) Industry - Agriculture - Services
e) None of these
28.Which of the following agencies recently laid down guidelines for foreign companies who wish to raise money from the Indian capital markets?
a) RBI
b) IRDA
c) Registrar of companies
d) SEBI
e) None of these
29. Consider the following statements:
A) The repo rate is the rate at which other banks borrow money from the Reserve Bank of India.
B) A value of one for Gini co-efficient in a country implies that there is perfectly equal income for everyone in its population.
C) Higher interest rates can make EMIs costly. Which of the statements given above is/are correct?
a) Only A
b) Only A and C
c) Only B and C
d) All the above
e) None of these
30. These days, more and more banks in Indian are setting up their ATMs and discouraging people to visit their branches for transaction. Which of the following is/are the limitations of the ATMs which force people to go to branch for transactions?
A) Lack of human interface
B) Communication gap
C) Limited cash - dispensing ability
a) Only A
b) Only B
c) Only C
d) Both A and B
e) A, B, and C All
31.Which of the following countries has the largest stock of foreign exchange reserves in the world?
a) USA
b) China
c) Japan
d) India
e) None of these
32.Which of the following taxes is exclusively and totally assigned to the state government by the Constitutions?
a) Estate duty
b) Sales Tax
c) Taxes on Railway fares and freights
d) Corporation tax
e) Entertainment
33. The tax on import and export is known as
a) Income tax
b) Trade tax
c) Customs duty
d) Commercial tax
e) None of the above
34.Which of the following is not an objective of fiscal policy of Indian government?
a) Full employment
b) Price stability
c) Regulation of inter-state trade
d) Equitable distribution of wealth and income
e) None of these
35. In India, national income is estimated by
a) Planning Commission
b) Central Statistical Organisation
c) Indian Statistical Institute
d) National Sample Survey Organisation
e) None of these
36.Bharat Nirman Scheme of the UPA government does not include
a) Rural water supply project
b) Irrigation benefit programme
c) Rural electrification
d) Sarva Shiksha Abhiyan
e) None of these
37. Invisible export means export of
a) Services
b) Prohibited goods
c) Unrecorded goods
d) Goods through smuggling
e) Illegal export through a third county
38.A labour-intensive industry is one that
a) requires hard manual labour
b) pays adequate wages to the labour
c) employs more hands
d) provides facilities to labour
e) None of these
39.In the law of demand, the statement ‘other things remain constant’ means.
a) income of consumer should not change
b) prices of other goods should not change
c) taste of consumer should not change
d) All the above
e) None of these
40.A firm is in equilibrium when its
a) Marginal cost equals the marginal revenue
b) Total cost is minimum
c) Total revenue is maximum
d) Average revenue and marginal revenue are equal
e) None of these
41.Bhagyam oil fields which are being explored by Carins India, is located in
a) Assam
b) Gujarat
c) Rajasthan
d) Karnataka
e) None of the above
42.In which of the following regions of India has the Archaeological Survey of India (ASI) found evidences of hearths built by cutting natural mountains belonging to periods 3,000 to 4,000 years ago, for the first time?
a) Garo Hills, Meghalaya
b) Mishmi Hills, Arunachal Pradesh
c) Western Ghats
d) Ladakh Valley
e) Satpura Range, Madhya Pradesh
43.Which of the following famous tabloids of Britain recently ceased its operations after its 168year - long history of scoops and scandals?
a) The Sun
b) Daily Mirror
c) The Morning Star
d) News of the World
e) None of these
44.Which of the following mobile operators has launched its mobile newspaper, Newswrap, for its customers in Hyderabad?
a) Airtel
b) Reliance
c) Idea
d) Vodafone
e) Aircel
45.Which of the following countries has taken over the rotational presidency of the European Union (EU) on July 1, 2011?
a) Denmark
b) Britain
c) Germany
d) Poland
e) Netherlands
46.Which of the following is the youngest country of the world that has joined the community of nations on July 9, 2011?
a) South Sudan
b) Maldova
c) Estonia
d) East Timor
e) None of these
47. Name the Indian woman athlete who has clinched gold medal in high jump in the Asian Athletic Championship in Kobe, Japan.
a) Shiny Wilson
b) Mayookha Johny
c) Soma Biswas
d) Neelam Jaswant Singh
e) None of these
48.As on June 30, 2011, which of the following rates stipulated by the Reserve Bank of India (RBI) is the lowest?
a) Bank Rate
b) Repo Rate
c) Savings Bank Rate
d) Cash Reserve Ratio
e) Statutory Liquidity Ratio
49.Consider the following statements about the contentious issues in the upcoming India-EU free trade agreement.
A) Intellectual property should be included in the investment chapter
B) Government procurement policy in agriculture should be kept out of the purview of the agreement.
C) Greater mutual market access for products such as automobiles, liquor, textile and liquor.
Which of the above statements is/are true?
a) Only A
b) Only A and B
c) Only A and C
d) All the above
e) None of these
50.Which of the following states has unveiled “Vision 2025” containing clear-cut policies for promoting investments in infrastructure such as power, ports, and ship building?
a) Andhra Pradesh
b) Tamil Nadu
c) Gujarat
d) Karnataka
e) None of these
ANSWERS:
1.E 2.C 3.E 4.B 5.A 6.D 7.B 8.D 9.B 10.C
11.C 12.B 13.D 14.A 15.A 16.C 17.E 18.D 19.C 20.D
21.D 22.D 23.B 24.A 25.C 26.E 27.A 28.D 29.D 30.C
31.B 32.B 33.C 34.C 35.B 36.D 37.A 38.C 39.D 40.A
41.C 42.D 43.D 44.D 45.D 46.A 47.B 48.C 49.D 50.B
Monday, 24 October 2011
1. Which among the following is not the nationalized bank?
1) Andhra Bank
2) Syndicate bank
3) Axis bank
4) Central Bank of India
5) Oriental Bank of Commerce
2. Banks cannot accept ...........
1) Cash
2) Postal Stamps
3) Drafts
4) Bill of exchange
5) pay order
3. Cheque facility is not available in ...........?
1) Savings Account
2) Current Account
3) Recurring Account
4) Savings and Current Account
5) All of above
4. The Demand Draft can be issued to ...........?
1) Farmer
2) Student
3) Government employee
4) Business man
5) All of above
5. Core banking means ...........?
1) Connectivity between all branches and RBI
2) Connectivity between all branches and the branches of other bank
3) Connectivity of branches, ATM and online systems of all branches
4) Connectivity between all RRB's and RBI
5) None
6. Which of the following rate usually not declared by RBI?
1) SLR
2) CRR
3) Base rate
4) Repo Rate
5) Reverse repo Rate
7. In private sector bank, the government may have the stake up to ........... percent?
1) 50
2) 51
3) 100
4) 49
5) 0
8. In public sector bank, the government stake must be least ...........percent?
1) 50
2) 100
3) 90
4) 51
5)1
9. NEFT rules are given. Pick the wrong one?
1) NEFT means National Electronic Fund Transfer
2) Up to 2 lakhs the amount can be transferred
3) Both in Savings and Current Account the funds can be transferred
4) The minimum charge on this type of transfer is Rs.1000
5) Many private and Public Sector banks offer this facility these days
10. RTGS rules are given. Pick the wrong one?
1) RTGS means Real Time Gross Settlement
2) Above 2 lakhs the funds can be transferred
3) RTGS facility not available in current account
4) The charges of RTGS to be paid by the customer
5) All of above
11 All savings bank accounts carry nominee name. A nominee cannot be ...........?
1) Friend
2) Mother
3) Father
4) Son
5) Daughter
12. On 19 October 2011, Pranab Mukarjee said the Union Government inject the funds in to public sector banks to maintain Tier Capital of ...........percent?
1) 5
2) 10
3) 6
4) 7
5) 8
13. The negotiable instrument is ...........?
1) Cheque
2) Demand draft
3) Bill of Exchange
4) Treasury Bills
5) All of above
14. Negotialble instruments rules and regulations mentioned by ...........?
1) Negotiable cheque Act 1901
2) Negotiable instruments Act 1901
3) Negotiable instruments Act 1818
4) Negotiable instruments Act 1881
5) None
15. Usually there are three parties in the case of Cheque. The drawer is ...........?
1) One who writes cheque
2) One who receives cheque
3) One who mediates cheque
4) 1 & 3
5) None
16. In the cheques, the drawee is...........
1) One who writes cheque
2) One who mediates cheque
3) RBI
4) Bank
5) All of above
17. Drawing two or three lines on the left head of cheque is called ...........?
1) Nullity
2) Paid
3) Offering
4) Crossing
5) Nothing
18. Crossing means the bank should ...........?
1) Make the payment stop
2) Make the payment late
3) Make the payment to payee through account only
4) Pay the amount to anybody
5) None
19. The cheque bounce due to ...........?
1) If the correct date written
2) If the Sunday date written
3) If the public holiday date written
4) If the date is the 30th of any month
5) Post date written
20. Cheque bounce due to ...........?
1) More funds
2) Funds not excessive at least Rs.1000
3) Lack of funds
4) If the amount has paise denomination
5) In all above cases
21. Cheque bounce due to ...........?
1) If the cheque is given with signature
2) If the cheque issued to government employee
3) Alteration made without signature
4) If the cheque value is more than 50 lakhs
5) In all above cases
22. On 20th October 2011, State Bank of India declared it earned 3.5 NIM in the second quarter. NIM stands for ...........?
1) Net Interest Minimum
2) Not Interest Margin
3) Net Internal Margin
4) Net Interest Module
5) Net Interest Margin
23. ETF stands for ...........(In these days the people are buying GOLD ETF bonds)
1) Extra Trade Forum
2) Exchange Trade Finance
3) Eternal Trade Fund
4) Exchange Trade Forum
5) Exchange Traded Fund
24. Chairman of the National Advisory Committee on Accounting Standards is ...........?
1) D.Subba Rao
2) Y.V.Reddy
3) Y.H.Malegam
4) K.C.Chakravarthy
5) Montek Singh Ahluwalia
25. Which financial institute declared October month as Social Security Month?
1) SBI
2) Religare
3) LIC
4) India First
5) GIC
26. FAO conference on East Africa famine concluded in ...........?
1) Rome
2) Vienna
3) Newyork
4) Washington
5) Canberaa
27. UN AIDS ambassador ...........participated in International AIDS conference on 7 Oct 2011 at Moscow?
1) Preity Zinta
2) Sharmila Tagore
3) Leela Samson
4) Mamatha Sharma
5) Shantha Sinha
28. Two public sector enterprises applied for the status of Maharatna recently. They are ...........?
1) CIL,HCL
2) ONGC,SBI
3) IOC,NTPC
4) SAIL,BEL
5) BHEL,GAIL
29. H- 1 (2011-2012)tax collection increased by ........... percent leading the collection to Rs.4,25,712 crores?
1) 14.5
2) 20.6
3) 22.1
4)18.9
5) 25.6
30. The global economic growth in 2011 will be nearer to ........... percent only, compare to 4 percent in 2010?
1) Eight
2) Ten
3) Six
4) Seven
5) Three
31. ...........has introduced the nation's first petrol pump with self service refuelling facility in New Delhi?
1) ONGC
2) HP
3) IOC
4) BP
5) None
32. The second highest test Century (35) maker is Dravid. He is the cricketer from ...........?
1) Andhra Pradesh
2) Mumbai
3) Delhi
4) West Bengal
5) Karnataka
33. Baichiung Bhutia retired from international events. He is the former Indian ........... captain?
1) Volley ball
2) Foot Ball
3) Cricket
4) Kho Kho
5) Kabbaddi
34. The term gully used in ...........?
1) Foot ball
2) Volley ball
3) Hand ball
4) Hockey
5) Cricket
35. The FIFA(Federation of International Football Association) world cup venues given. Pick the correct one?
1) 2010-South Africa
2) 2014-Brazil
3) 2018-Russia
4) 2022-Qatar
5) All of above
36. ...........released $ 1.5 billion aid to Libya on 27 August 2011?
1) USA
2) Russia
3) UNO
4) IBRD
5) IMF
37. Union government sanctioned Rs............crores for tracking cyclones in coastal states?
1) 1500
2) 2500
3) 2000
4) 1700
5) 900
38. Fast attack warship ........... commissioned in Indian Navy on 26 August 2011?
1) Kaurava
2) Pandava
3) Karna
4) Salya
5) None
39. The Prime Minister announced the free import of 61 items from Bangladesh. The currency of Bangladesh is...........?
1) Dollar
2) Rupee
3) Ngultrum
4) Pound
5) Taka
40. Among 28 states in India, 17 states have Lokayukta. The first Lokayukta established in 1970 is ...........
1) Odisha
2) Andhra Pradesh
3) Assom
4) Tamilnadu
5) Sikkim
41. The Lokayukta who inducted Yedurappa, the chief minister of Karnataka is ...........?
1) Justice Rey
2) Justice Kania
3) Justice Panduranga
4) Justice Sudha Misra
5) Justice Santosh Hegdey
42. The Lokayukta who resigned in Karnataka on the allegations of Land Scam?
1) Justice Nanavathi
2) Justice Bhagavathi
3) Justice Chandra Chud
4) Justice Mukarjee
5) Justice Sivaraj Patil
43. Recently the inventor of iPad died. He is ...........?
1) Edwin H. Armstrong
2) Charles Babbage
3) Steve Jobs
4) William Seward Burroughs
5) George Eastman
44. On 17th August 2011, ...........topped as most valuable firm crossing RIL ( Reliance Industries Limited) in market capitalization?
1) BHEL
2) ISRO
3) Bharati Cement
4) Coco-Cola
5) Coal India Limited
45. Top three destinations of Indian exports as per e-Bay site?
1) Eurpoe,USA and UK
2) USA,UK and Germany
3) USA, Indonesia and China
4) USA,UK and Europe
5) USA,UK and Australia
46. The export promotion scheme 'Focus: LAC' applies to ...........?
1) European Union
2) North America
3) South East Asia
4) Africa
5) South America
47. 100th International Labour Organization summit held in ...........on 13 June 2011?
1) Geneva
2) Paris
3) New York
4) Washington
5) Rome
48. National convention of Parliamentarians, Legislators, zilla parishad chairpersons and mayors on HIV/ AIDS held in...........on 4, 5 July 2011?
1) Mumbai
2) Hyderabad
3) Chennai
4) New Delhi
5) Pune
49. World Investors summit will be held in ..........
1) Hyderabad
2) New Delhi
3) Bengaluru
4) Chennai
5) Kolkata
ANSWERS:
1)3 2)2 3)3 4)5 5)3 6)3 7)4 8)4 9)4 10)3 11)1 12)5 13)5 14)4 15)1 16)4 17)4
18)3 19)5 20)3 21)3 22)5 23)5 24)3 25)3 26)1 27)1 28)5 29)3 30)5 31)3 32)5 33)2
34)5 35)5 36)3 37)1 38)1 39)5 40)1 41)5 42)5 43)3 44)5 45)5 46)5 47)1 48)4 49)3.
- Accrued interest: Interest due from issue date or from the last coupon payment date to the settlement date. Accrued interest on bonds must be added to their purchase price.
- Arbitrage: Buying a financial instrument in one market in order to sell the same instrument at a higher price in another market.
- Ask Price: The lowest price at which a dealer is willing to sell a given security.
- Asset-Backed Securities (ABS): A type of security that is backed by a pool of bank loans, leases, and other assets. Most ABS are backed by auto loans and credit cards – these issues are very similar to mortgage-backed securities.
- At-the-money: The exercise price of a derivative that is closest to the market price of the underlying instrument.
- Basis Point: One hundredth of 1%. A measure normally used in the statement of interest rate e.g., a change from 5.75% to 5.81% is a change of 6 basis points.
- Bear Markets: Unfavorable markets associated with falling prices and investor pessimism.
- Bid-ask Spread: The difference between a dealer’s bid and ask price.
- Bid Price: The highest price offered by a dealer to purchase a given security.
- Blue Chips: Blue chips are unsurpassed in quality and have a long and stable record of earnings and dividends. They are issued by large and well-established firms that have impeccable financial credentials.
- Bond: Publicly traded long-term debt securities, issued by corporations and governments, whereby the issuer agrees to pay a fixed amount of interest over a specified period of time and to repay a fixed amount of principal at maturity.
- Book Value: The amount of stockholders’ equity in a firm equals the amount of the firm’s assets minus the firm’s liabilities and preferred stock. /p>
- Broker: Individuals licensed by stock exchanges to enable investors to buy and sell securities.
- Brokerage Fee: The commission charged by a broker.
- Bull Markets: Favorable markets associated with rising prices and investor optimism.
- Call Option: The right to buy the underlying securities at a specified exercise price on or before a specified expiration date.
- Callable Bonds: Bonds that give the issuer the right to redeem the bonds before their stated maturity.
- Capital Gain: The amount by which the proceeds from the sale of a capital asset exceed its original purchase price.
- Capital Markets: The market in which long-term securities such as stocks and bonds are bought and sold.
- Certificate of Deposits (CDs): Savings instrument in which funds must remain on deposit for a specified period, and premature withdrawals incur interest penalties.
- Closed-end (Mutual) Fund: A fund with a fixed number of shares issued, and all trading is done between investors in the open market. The share prices are determined by market prices instead of their net asset value.
- Collateral: A specific asset pledged against possible default on a bond. Mortgage bonds are backed by claims on property. Collateral trusts bonds are backed by claims on other securities. Equipment obligation bonds are backed by claims on equipment.
- Commercial Paper: Short-term and unsecured promissory notes issued by corporations with very high credit standings.
- Common Stock: Equity investment representing ownership in a corporation; each share represents a fractional ownership interest in the firm.
- Compound Interest: Interest paid not only on the initial deposit but also on any interest accumulated from one period to the next.
- Contract Note: A note which must accompany every security transaction which contains information such as the dealer’s name (whether he is acting as principal or agent) and the date of contract.
- Controlling Shareholder: Any person who is, or group of persons who together are, entitled to exercise or control the exercise of a certain amount of shares in a company at a level (which differs by jurisdiction) that triggers a mandatory general offer, or more of the voting power at general meetings of the issuer, or who is or are in a position to control the composition of a majority of the board of directors of the issuer.
- Convertible Bond: A bond with an option, allowing the bondholder to exchange the bond for a specified number of shares of common stock in the firm. A conversion price is the specified value of the shares for which the bond may be exchanged. The conversion premium is the excess of the bond’s value over the conversion price.
- Corporate Bond: Long-term debt issued by private corporations.
- Coupon: The feature on a bond that defines the amount of annual interest income.
- Coupon Frequency: The number of coupon payments per year.
- Coupon Rate: The annual rate of interest on the bond’s face value that a bond’s issuer promises to pay the bondholder. It is the bond’s interest payment per dollar of par value.
- Covered Warrants: Derivative call warrants on shares which have been separately deposited by the issuer so that they are available for delivery upon exercise.
- Credit Rating: An assessment of the likelihood of an individual or business being able to meet its financial obligations. Credit ratings are provided by credit agencies or rating agencies to verify the financial strength of the issuer for investors.
- Currency Board: A monetary system in which the monetary base is fully backed by foreign reserves. Any changes in the size of the monetary base has to be fully matched by corresponding changes in the foreign reserves.
- Current Yield: A return measure that indicates the amount of current income a bond provides relative to its market price. It is shown as: Coupon Rate divided by Price multiplied by 100%.
- Custody of Securities: Registration of securities in the name of the person to whom a bank is accountable, or in the name of the bank’s nominee; plus deposition of securities in a designated account with the bank’s bankers or with any other institution providing custodial services.
- Default Risk: The possibility that a bond issuer will default ie, fail to repay principal and interest in a timely manner.
- Derivative Call (Put) Warrants: Warrants issued by a third party which grant the holder the right to buy (sell) the shares of a listed company at a specified price.
- Derivative Instrument: Financial instrument whose value depends on the value of another asset.
- Discount Bond: A bond selling below par, as interest in-lieu to the bondholders.
- Diversification: The inclusion of a number of different investment vehicles in a portfolio in order to increase returns or be exposed to less risk.
- Duration: A measure of bond price volatility, it captures both price and reinvestment risks to indicate how a bond will react to different interest rate environments.
- Earnings: The total profits of a company after taxation and interest.
- Earnings per Share (EPS): The amount of annual earnings available to common stockholders as stated on a per share basis.
- Earnings Yield: The ratio of earnings to price (E/P). The reciprocal is price earnings ratio (P/E).
- Equity: Ownership of the company in the form of shares of common stock.
- Equity Call Warrants: Warrants issued by a company which give the holder the right to acquire new shares in that company at a specified price and for a specified period of time.
- Ex-dividend (XD): A security which no longer carries the right to the most recently declared dividend or the period of time between the announcement of the dividend and the payment (usually two days before the record date). For transactions during the ex-dividend period, the seller will receive the dividend, not the buyer. Ex-dividend status is usually indicated in newspapers with an (x) next to the stock’s or unit trust’s name.
- Face Value/ Nominal Value: The value of a financial instrument as stated on the instrument. Interest is calculated on face/nominal value.
- Fixed-income Securities: Investment vehicles that offer a fixed periodic return.
- Fixed Rate Bonds: Bonds bearing fixed interest payments until maturity date.
- Floating Rate Bonds: Bonds bearing interest payments that are tied to current interest rates.
- Fundamental Analysis: Research to predict stock value that focuses on such determinants as earnings and dividends prospects, expectations for future interest rates and risk evaluation of the firm.
- Future Value: The amount to which a current deposit will grow over a period of time when it is placed in an account paying compound interest.
- Future Value of an Annuity: The amount to which a stream of equal cash flows that occur in equal intervals will grow over a period of time when it is placed in an account paying compound interest.
- Futures Contract: A commitment to deliver a certain amount of some specified item at some specified date in the future.
- Hedge: A combination of two or more securities into a single investment position for the purpose of reducing or eliminating risk.
- Income: The amount of money an individual receives in a particular time period.
- Index Fund: A mutual fund that holds shares in proportion to their representation in a market index, such as the S&P 500.
- Initial Public Offering (IPO): An event where a company sells its shares to the public for the first time. The company can be referred to as an IPO for a period of time after the event.
- Inside Information: Non-public knowledge about a company possessed by its officers, major owners, or other individuals with privileged access to information.
- Insider Trading: The illegal use of non-public information about a company to make profitable securities transactions
- Intrinsic Value: The difference of the exercise price over the market price of the underlying asset.
- Investment: A vehicle for funds expected to increase its value and/or generate positive returns.
- Investment Adviser: A person who carries on a business which provides investment advice with respect to securities and is registered with the relevant regulator as an investment adviser.
- IPO price: The price of share set before being traded on the stock exchange. Once the company has gone Initial Public Offering, the stock price is determined by supply and demand.
- Junk Bond: High-risk securities that have received low ratings (i.e. Standard & Poor’s BBB rating or below; or Moody’s BBB rating or below) and as such, produce high yields, so long as they do not go into default.
- Leverage Ratio: Financial ratios that measure the amount of debt being used to support operations and the ability of the firm to service its debt.
- Libor: The London Interbank Offered Rate (or LIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the London wholesale money market (or interbank market). The LIBOR rate is published daily by the British Banker’s Association and will be slightly higher than the London Interbank Bid Rate (LIBID), the rate at which banks are prepared to accept deposits.
- Limit Order: An order to buy (sell) securities which specifies the highest (lowest) price at which the order is to be transacted.
- Limited Company: The passive investors in a partnership, who supply most of the capital and have liability limited to the amount of their capital contributions.
- Liquidity: The ability to convert an investment into cash quickly and with little or no loss in value.
- Listing: Quotation of the Initial Public Offering company’s shares on the stock exchange for public trading.
- Listing Date: The date on which Initial Public Offering stocks are first traded on the stock exchange by the public
- Margin Call: A notice to a client that it must provide money to satisfy a minimum margin requirement set by an Exchange or by a bank / broking firm.
- Market Capitalization: The product of the number of the company’s outstanding ordinary shares and the market price of each share.
- Market Maker: A dealer who maintains an inventory in one or more stocks and undertakes to make continuous two-sided quotes.
- Market Order: An order to buy or an order to sell securities which is to be executed at the prevailing market price.
- Money Market: Market in which short-term securities are bought and sold.
- Mutual Fund: A company that invests in and professionally manages a diversified portfolio of securities and sells shares of the portfolio to investors.
- Net Asset Value: The underlying value of a share of stock in a particular mutual fund; also used with preferred stock.
- Offer for Sale: An offer to the public by, or on behalf of, the holders of securities already in issue.
- Offer for Subscription: The offer of new securities to the public by the issuer or by someone on behalf of the issuer.
- Open-end (Mutual) Fund: There is no limit to the number of shares the fund can issue. The fund issues new shares of stock and fills the purchase order with those new shares. Investors buy their shares from, and sell them back to, the mutual fund itself. The share prices are determined by their net asset value.
- Open Offer: An offer to current holders of securities to subscribe for securities whether or not in proportion to their existing holdings.
- Option: A security that gives the holder the right to buy or sell a certain amount of an underlying financial asset at a specified price for a specified period of time.
- Oversubscribed: When an Initial Public Offering has more applications than actual shares available. Investors will often apply for more shares than required in anticipation of only receiving a fraction of the requested number. Investors and underwriters will often look to see if an IPO is oversubscribed as an indication of the public’s perception of the business potential of the IPO company.
- Par Bond: A bond selling at par (i.e. at its face value).
- Par Value: The face value of a security.
- Perpetual Bonds: Bonds which have no maturity date.
- Placing: Obtaining subscriptions for, or the sale of, primary market, where the new securities of issuing companies are initially sold.
- Portfolio: A collection of investment vehicles assembled to meet one or more investment goals.
- Preference Shares: A corporate security that pays a fixed dividend each period. It is senior to ordinary shares but junior to bonds in its claims on corporate income and assets in case of bankruptcy.
- Premium (Warrants): The difference of the market price of a warrant over its intrinsic value.
- Premium Bond: Bond selling above par.
- Present Value: The amount to which a future deposit will discount back to present when it is depreciated in an account paying compound interest.
- Present Value of an Annuity: The amount to which a stream of equal cash flows that occur in equal intervals will discount back to present when it is depreciated in an account paying compound interest.
- Price/Earnings Ratio (P/E): The measure to determine how the market is pricing the company’s common stock. The price/earnings (P/E) ratio relates the company’s earnings per share (EPS) to the market price of its stock.
- Privatization: The sale of government-owned equity in nationalized industry or other commercial enterprises to private investors.
- Prospectus: A detailed report published by the Initial Public Offering company, which includes all terms and conditions, application procedures, IPO prices etc, for the IPO
- Put Option: The right to sell the underlying securities at a specified exercise price on of before a specified expiration date.
