Corporation Bank PO 2010 - General Awareness - Part 1

1. As a policy to boost the agricultural sector in the country, the Govt. of India has taken several special measures over the years. Which of the following cannot be considered a measure/ measures which will have a direct impact(s) on the agricultural sector?
1. Setting up of a National Food Processing Bank.
2. Opening irrigation, sanitation and water projects for development under public private participation.
3. Efforts to bring down fiscal deficit to 5.5 percent level of GDP
Only-1  Only 2  Only  Onlyl and 2  All 1,2 and 3
 

2. The Govt. of India is planning to bring a Second Green Revolution. This will be launched specifically for which of the following parts of the country?
North East and astern Regions  Central India  Jammu & Kashmir  Tamil Nadu, Kerala and Andhra Pradesh  None of these
 

3. As we all know, the limit of exemption on personal income tax has been raised by Rs. 10,000. Whenever a relief in direct taxes is given, the underlying motive is always to make money available for which of the following purposes?
1. Savings
2. Investment for High returns
3. Personal Consumption
Only 1  Only2  Only l and 3  Only 2 and 3  None of these
 

4. As we know, a special scheme 'One Village One Project' is in vogue in some parts of our country and has proved a good incentive to boost the rural economy and the agricultural sector. Now the Govt. has decided to develop 60,000 villages to produce which of the following single crops as a major crop?
Pulses or Oilseeds  Wheat or Bajra  Sugar or Jute  Sunflower or Rose flower  None of these
 

5. The Govt. of India has decided to bring down the fiscal deficit from 6.6 per cent to the level of 5.5 per cent of the GDP so that it can meet growth targets well in time. This target of 5.5 per cent is to be achieved by the end of?
January 2011  March 2011  December 2010  January 2012  None of these
 

6. Some economists and financial experts are of the opinion that the Finance Minister of India has done a good job by allocating a fairly good share of budget to ensure that the benefits of the growth also reach the poor and unorganized sectors of the society. What amount in terms of percentage has been allocated to various schemes of the social sector in the Union Budget 2010-11?
5%  7 %  10%  12.5%  None of these
 

7. Many people talk about the roll back of stimulus packages provided last year by the Govt. of India to help certain sectors. If these stimulus packages are rolled back, this would mean that-
1. those who have availed these benefits would be required to return them to the Govt. of India.
2. no such incentive would be available henceforth to these sectors.
3. all such benefits/incentives would be available to all the people across the country and will not be restricted to some selected few.
Only 1  Only 2  Only 3  Only 1 and 3  Only 2 and 3
 

8. In order to develop infrastructure in the country at a faster pace, the Govt. of India has fixed some targets. In order to achieve this target, at present, how many kilometers of highway is required to be constructed per day?
5km  10km  15km  20km  None of these
 

9. "South India will get K-G gas by 2012" was the news in a major financial newspaper. 'K-G' is the abbreviated name of which of the following?
Karnataka-Goa  Kaveri-Canga  Krishna-Godavari  Karnataka-Gulf  None of these
 

10. Many a times, we read in news papers that some big banks have revised their lending rates to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks normally they announce this decision of theirs?
1. immediately after the Union Budget is presented in the Lok Sabha every year.
2. when the RB makes changes in its policy rates.
3. when the Monetary and Credit Policy of the RB is reviewed periodically.
Only 1  Only 2  Only 3  Only 2 and 3  All1,2 and 3
 

Part I        Part II        Part III        Part IV       Part V