Andhra Bank Probationary Officers Exam 2009 - General Awareness Questions

1. The Govt. of India decided to scrap the import duty on cotton and also withdraw incentives on the export of the same. How will this action of the govt. affect the cotton market in India ?
1. More and more traders will be able to import cotton as there is no import duty on it.
2. The price of the cotton in domestic market will come down.
3. More and more farmers will no start growing cotton.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these
 

2. As per the reports in the financial newspapers CCEA cleared many FDI proposals recently. What is the full form of CCEA ?
Cabinet Committee on Economic Affairs  Congress Committee on Economic Affairs  Cabinet Committee on Emergency Accounts  Clearance Committee on Export Accounts  None of these
 

3. The Vishnugad Pipalkoti Hydel power project is being developed on which of the following rivers ?
Ganga  Alaknanda  Yamuna  Sabarmati  None of these
 

4. Despite the rampant volatility in the market trends and rising costs all over the world, some countries were able to grab the business of outsourcing IT and BPO services from some big countries. Which of the following had been the most favoured nation during 2008-09 for the same ?
China  South Korea  India  Brazil  None of these
 

5. The facility which allows mobile subscribers to switch from one service provider to another without changing their mobile number is known as Mobile Number-
Protectability  Portability  Promotability  Permeability  None of these
 

6. Which of the following economies is not in the top 10 economies of the world ?
USA  Japan  Germany  China  South Africa
 

7. Which of the following banks has opened the country’s first ‘Cash Factory’ in Lucknow which will issue currency notes to all its branches and ATM in that area ?
Bank of India  Bank of Baroda  State Bank of India  Union Bank of India  None of these
 

8. Many times we read in newspapers that the RBI has revised certain rates/ratios under LAF. What is the full form of LAF ?
Legal Adjustment Facility  Liquidity Adjustment Facility  Longterm Achievement Facility  Legal Adjustment Formality  None of these
 

9. Which of the following statement(s) is/are correct about the Aam Aadmi Bima Yojana (AABY) launched by the Union Govt. ?
1. The scheme is drawn to include another one crore beneficiaries in the scheme by the end of September 2009.
2. The scheme was announced to provide insurance cover to those women workers who come for job under National Rural Employment Guarantee Act.
3. Under the scheme, the central govt. bears the entire amount of the premium which is around Rs. 6,000 per year for each beneficiary.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these
 

10. As per the Interim Budget of the Union Govt. for 2009-10, around Rs. 1,31,000 crores were allocated for various flagship programmes of the Govt. of India. Amongst these, one particular programme is given at Rs. 41,000 crores as it is aimed at development of infrastructure in the rural areas of the country. What is that programme ?
Rajiv Gandhi Rural Drinking Water Mission  Rural Employment Guarantee Scheme  Jawaharlal Nehru Urban Renewal Scheme  National Rural Health Mission  None of these
 

How to earn money Online ? How to work part time in internet from home and earn some money?

11. Who amongst the following was the chairperson of the committee set up for Financial SectorAssessment by the Govt. of India and RBI ?
Dr. Rakesh Mohan  Dr. D. Subbarao  Mr. Pranab Mukherjee  Mr. P. Chidambaram  None of these
 

12. As per the reports published in the newspapers the use of credit cards in India has gone down by about 8% during 2008-09. What are the main reasons for the same ?
1. High interest rate charged by the card companies.
2. Rise in delinquency level related to use of credit cards.
3. Govt. policies which do not allow the launch of new credit cards by the banks.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these
 

13. As per the reports in the media the exports from India has gone down by 13% in the last few months. What steps has the Union Govt. taken to boost the same ?
1. Customs duty under export promotion capital goods scheme was cut to 3% from the earlier 5%.
2. Special incentives of Rs. 325 crore were announced for sectors like handmade carpets, leather and textiles.
3. Excise duty on the goods produced exclusively for exports is withdrawn fully.
Only 1  Only 2  Only 3  Both 1 and 2  All 1, 2, and 3
 

14. Which of the following states in India is at the top of the Investment Index prepared by the World Bank ?
Gujarat  Maharashtra  Karnataka  Tamil Nadu  None of these
 

15. The G-20 Summit was organized in London on 2nd April 2009. Which of the following announcement(s) was/were made in the summit ?
1. US $ 1•1 trillion will be provided to restore credit, growth and jobs in the world economy.
2. A wider global regulation will be launched to protect banks from the toxic assets.
3. A Financial Stability Forum will be established with the assistance of IMF.
Only 1  Only 2  Only 3  Both 1 and 2  All 1, 2, and 3
 

16. The Govt. of India recently provided an amount of Rs. 65,300 crores to about 3•6 crore farmers in India. What was the purpose of the distribution of this much amount to the farmers ?
To enable them to purchase tractors and other hi-tech agricultural machines  This was given to them as a debt waiver and relief package  To provide them fertilizers and advanced high yielding seeds for the next harvesting season  To help them to avail internet services and update their knowledge about the farming techniques and adopt new methods of the same  None of these
 

17. Which of the following is true about Value Added Tax (VAT) ?
1. It is a consumption tax levied on value added to the product on every stage of its production.
2. VAT is levied by the Union Govt. and only a small part goes to State Govts.
3. The income tax on retailers is now decided on the basis of their VAT collection in a year.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these
 

18. Mr. Najib Razak is the new Prime Minister of -
Myanmar  Indonesia  Malaysia  Thailand  None of these
 

19. India recently signed an agreement with the European patent office. How would this agreement be helpful to our country ?
1. It will help India to protect its traditional knowledge of medicines.
2. India’s Traditional Knowledge Library which is in digital form will now be available to the Patent Examiners at the European Patent Office.
3. India will have the right to grant patents for all its traditional medicines and herbs.

Only 1  Only 2  Only 3  All the three  None of these
 

20. The 21st Arab League Summit was held in which of the following countries in March 2009 ?
Saudi Arabia  Iran  Qatar  UAE  None of these
 

21. India recently got a consignment of 60 tonnes of uranium from which of the following countries to be used in Rajasthan Atomic Power Station ?
USA  Canada  France  South Korea  China
 

22. India and Chile recently agreed to allow Free Trade between both the countries. What does it really mean ?
1. India can sell any product to Chile and Chile can also sell any product to India.
2. India and Chile both will sell goods or services to each other but the payment for the same will be only in return goods. No hard cash will be paid for such transactions.
3. Whatever goods both of them will import or export, the payment will be made only in US dollars and only cash transactions will take place.
Only 1  Only 2  Only 3  Both 1 and 2  None of these
 

23. Which of the following statement(s) is/are correct about the Global Hunger Index published recently ?
1. The Index is prepared every year by the United Nations World Food Programme (WFP).
2. As per the report about 27% of world’s undernourished population lives in India.
3. The number of undernourished is more in urban areas than the rural one.
Only 1  Only 2  Only 3  All the three  None of these
 

24. The President’s Rule was imposed in which of the following North-Eastern States in March 2009 ?
Nagaland  Assam  Arunachal Pradesh  Meghalaya  None of these
 

25. Arvind Bhat won the 23rd National Badminton Championship held in Indore by defeating -
Nikhil Kanetkar  P. Gopichand  Nandu Natekar  P. Kashyap  None of these
 

26. Who amongst the following became the first woman pilot in the world to fly MIG-35 fighter plane ?
Suman Sharma  Saudamini Deshmukh  Kirsty Moore  Nicole Malachowski  None of these
 

27. The 14th Summit of the Association of South-East Asian Nations (ASEAN) was organized in which of the following countries ?
Vietnam  Myanmar  Indonesia  Thailand  None of these
 

28. India recently signed a Defence Deal with Israel. Which of the following statement(s) is/are true about the same ?
1. India will purchase a stateof-the-art air defence system from Israel at a whopping cost of US $ 1•4 billion.
2. A complex of 5 ordinance plants would be established in Nalanda.
3. Israel will develop a seaborne and shore-based system to protect India from missile attacks on it.
Only 1  Only 2  Only 3  Both 1 and 3  All 1, 2 and 3
 

29. Mr. Morgan Tsvangirai is the new -
President of Zimbabwe  Prime Minister of Zimbabwe  President of Kenya  Prime Minister of Kenya  None of these
 

30. Which of the following teams won the ICC Women’s World Cup Cricket Finals held in March 2009 ?
Australia  India  England  New Zealand  None of these