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Monday, January 24, 2011

Corporation Bank PO 2010 - General Awareness - Part 2

11. How much amount in cash is the Govt. of India planning to infuse in public sector banks, to strengthen their capital base this year?
Rs 10,000 crore  R s. 12,500 crore  Rs. 14,000 crore  Rs. 16,500 crore  None of these
 

12. As we all know, the rate of MAT has been increased from the present 15% to 18% with effect from April 2010. What is the full form of MAT?
Maximum Alternate tax  Minimum Alternate Tax  Minimum Affordable Tax  Maximum Affordable Tax  None of these
 

13. One of the headlines In a major financial newspaper recently was "Is Spain the next Greece or Italy or Portugal ?" What is the actual meaning of this headline because of which the author has been comparing Spain with the other three countries?
All these three countries have abandoned the membership of the European Union. Spain is also planning to do so  All these three countries were the first to come out of recent global recession and that too within a short span of time. Spain is next in queue to declare itself free from the trouble  These three nations are badly trapped in a situation where their economy is proceed ing from bad to worse condition. Spain also appears to be in the same situation  Greece, Italy and Portugal have signed some special agreements with US and ale availing stimulus packages to promote their exports to US on some specific terms. Spain is also willing to do the same  None of these
 

14. Many times we read in news papers that several companies are adopting the FCCBs route to raise capital. What is the full form of FCCBs?
Foreign Currency Convertible Bonds  Foreign Convertible Credit Bonds  Financial Consortium and Credit Bureau  Future Credit and Currency Bureau  None of these
 

15. The Govt. of India has asked all big companies and corporates to create a separate fund for their 'Corporate Social Responsibility Activities'. What is tare the purpose(s) of this directive issued by the Govt.?
1. To ensure that companies spend some money on social activities.
2. To bring transparency in matters of financial trans actions and dealings by corporates.
3. To ensure that corporate entities do not get involved in non commercial activities in the name of social activities as they axe required to spend money only on the welfare of the employees and their families.
Only 1  Only 2  Only 3  All1,2 and 3  None of these
 

16. Which of the following is an innovative mechanism adopted by banks to meet the targets fixed for lending to priority sector by the Banks
Buying & Selling of Priority Sector Lending Certification  Sale of Kisan Vikas Patra  Inter Bank Participation Certificates  Adoption of Core Banking Solution  None of these
 

17. The Reserve Bank of India (RB!) recently announced a hike in some policy rates and also indicated that there may be another change in near future. - Which of the following is/are considered a policy rate(s) in the hands of the EBI?
1. Repo Rate
2. SLR
3. Inflation
Only 1  Only2  Only 3  Only l and 2  All 1, 2 and 3
 

18.Zain, which was in news recently, is a company based in which of the following nations?
Kuwait  South Africa  UAE  China  None of these
 

19. Who amongst the following was awarded the prestigious 'Moortidevi Award' recently for his literary works ? (Awardee is a Minister in the Union Cabinet)
Veerappa Moily  Pranab Mukherjee  P. Chidambaram  Kapil Sibal  None of these
 

20. The Indian Ministry of Agriculture has decided that despite good stocks of wheat and rice, India will not export the excess stocks. Which of the following may be the reason(s) owing to which the Ministry has taken this decision?
1. Indian wheat and rice are not in much demand in foreign countries. Hence, very few are takers for the same.
2. The National Food Security Bill has a provision to provide 25 kg of wheat or rice to the families living below poverty line. A huge stock of grains will be needed for the same in near future.
3. Since most countries are still to recover from the global recession, a formula is being worked out where imports and exports will be compensated simply by exchange of commodities available with the countries. India is planning to use its food grain stocks for the same.
Only 1  Only 2  Only 3  All ,1, 2 and 3  None of these
 

Part I        Part II        Part III        Part IV       Part V

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