(Download) IBPS : Recruitment of Specialist Officers Exam
Paper Held On 11.03.2012 - General Awareness
101. Who among the following is one of the recipients of the Nobel Peace
Prize – 2011?
(a) Ellen Johnson Sirleaf
(b) Jules A. Hoffmann
(c) Bruce A. Beutler
(d) Adam G. Riess
(e) Tomas Transtromer
102. The Food Security Bill – 2011 which is the process of becoming an
Act, divides the entire population of the country into two groups. Which of the
following are these two groups?
(a) Below poverty line and Above poverty line
(b) General population and Excluded population
(c) Included households and Excluded households
(d) Covered under PDS and Not Covered under PDS
(e) General households and priority households
103. RBI has recently deregulated the rates of interest to be provided by
various Banks to their depositors/customers with effect from 25-10-2011 on their
(a) Time Deposit
(b) Saving bank
(d) Fixed deposit
104. Which of the following is the main advantage of “ASBA” with the
applicants for share allotment?
(a) ASBA applicant has got secured allotment of shares
(b) ASBA applicant has got certain preference in allotment of shares as compared
to general applicants
(c) ASBA applicant need not remit the fund for allotment of shares, he/she will
do so after shares are allotted to him/her.
(d) ABSA Applicants deposit/OD account is not debited, only the funds are
blocked for the same and he/she continues to avail interest till the shares are
allotted to him/her.
(e) None of these
105. “Many people die in Deadly Games in Egypt”: Was the
news in almost all major newspaper in February 2012. Which of the following
statements is the correct representation of ‘Deadly Game’ given in the
(a) A riot broke out during a Football Match in Egypt in which many people
(b) Police had to open fire on a Mob including some genuine ticked holders, who
were not allowed to enter the Stadium even after the start of the match
(c) Egypt is famous for its dangerous games of ‘Bull fight’ and ‘Martial Game’;
Many participants die every year in such games
(d) Some terrorist opened fire during a football match. About 10000 people were
killed in the incident
(e) The defeat in the game is considered equivalent to death
106. Mullaperiyar Dam which was recently in news, is located in which of
the following States?
(c) Andhra Pradesh
(e) Tamil Nadu
107. Like telephone/Mobile number portability, the
Ministry of Finance/RBI is now also considering to provide bank account number
portability to bank customers. Which of the following would it mean?
(a) Any customer/account holder can with draw cash from any other Bank
through his/her won cheques drawn on other bank even without ATM
(b) Any borrower can draw funds from his/her loan account from any other bank
(c) The account number of any account holder will remain the same even if he/she
is getting his/her account transferred to another bank also.
(d) Bank customers would have the facility of mobile Banks to withdraw cash
nearby his/her place
(e) None of these
108. The total number of Kisan Credit Card holder farmers in our country
(a) 8 Crores
(b) 10 Crores
(c) 5 Crores
(d) 7.5 Crores
(e) 6 Crores
109. NRE deposit is _______________
(a) Non Resident External deposit
(b) Non Resident Extra deposit
(c) Non Resident Exchange deposit
(d) Non Refundable External deposit
(e) Non Resident Extended deposit
110. What is offshore banking?
(a) It is a bank located in the sea (i.e. island)
(b) It is a bank located in SEZ (c) It is a bank located in a neighbouring
(d) It is a bank located outside the country of residence of the depositor
(e) Offshore banking is basically dealing in foreign exchange
111. Maoists in which of the following countries recently decided to
accept Govt’s of ‘Golden Handshake’ and enter into ‘civilian life’ or mainstream
of the society?
112. Which of the following is correct?
(a) Illiterates cannot open any account in a bank
(b) Illiterate women cannot open any account in a bank
(c) Illiterates can open savings bank accounts in a bank
(d) Advance can be granted to a minor
(e) Advance can be granted to a minor if he is of sound mind
113. As per newspaper reports western countries are going to impose
sanctions on which of the following OPEC countries as it is said that is trying
to make a nuclear bomb?
(d) Saudi Arabia
114. “The Reliance Industries Ltd (RIL) has decided to
return some ‘KG’ field to the Government of India was the news in some major
newspapers. What is the major production in KG fields owned by RIL?
(a) Crude oil
(d) Iron ore
(e) Gold are and Diamonds
115. Non convertible debentures are ___________
(a) Debt instruments which acquire equity status at the
(b) Debt instruments which acquire equity status at the investors’ option.
(c) Debt instruments which acquire equity status with the permission of
Registrar of Companies.
(d) Debt instruments which acquire equity status on maturity.
(e) Debt instruments which retain their debt character and cannot acquire equity
116. India’s Dipika Pallikal and Sarah Cardwell of
Australia recently played an international match in Chennai. Both of them are
(a) Badminton players
(b) Gold players
(c) Chess players
(d) Squash players
(e) Table tennis players
117. “IRDA norms will boost online distribution” – was the
news in some major newspaper. This means online distribution of which of the
following will boost up?
(a) Bank products
(b) Insurance policies/products
(c) Licenses to open new banks/ branches of existing banks
(d) Licenses to operate 2G/3G spectrums
(e) Permits for export of iron ore
118. ‘Lajja’ is a book written by _____________
(a) Salman Rushdie
(b) Taslima Nasreen
(c) Suil Ganguli
(d) Rabindranath Tagore
(e) Bimal Mitra
119. The prevent frauds in multiple mortgage cases, under
SARFAESL Act, 2002 one special thing has been created and made operative from
01.04.2011.Which one is that from the following?
(a) Special Registrar Office at Lucknow
(b) Special Central Arbitration Bureau at Lucknow
(c) Central SARFAESI Tribunals at 6 Centres
(d) Central Electronic Registry
(e) State Electronic Registries
120. SBI has merged which of the following two associate
banks with itself?
(a) State Bank of Hyderabad & State Bank of Patiala
(b) State Bank of Hyderabad & State Bank of Travancore
(c) State Bank ofMysore&State Bank of Travancore
(d) State Bank of Indore & State Bank of Hyderabad
(e) State Bank of Indore & State Bank of Saurashtra
121. Assembly Elections took place in which one of the
following States recently? (in January 2012)
(a) Madhya Pradesh
(e) Tamil Nadu
122. Which one of the following is not a salient feature
of Debit Card?
(a) No bad debts to banks and no suits for recovery
(b) Non interest earning for banks
(c) Works like a normal withdrawal
(d) Can be used at ATM and POS
(e) 45 days credit is given to the card holder
123. Bank issue a letter to beneficiary on behalf of its
constituents like guarantee formaking payment on their behalf on fulfillment of
its terms and conditions. What is this arrangement know in banking context?
(a) Line of Credit
(b) Loan to Client 125. World leaders are to assemble in Rio de Janeiro in June
2012 for the United Nations Conference on Sustainable Development (Rio + 20).
All nations are going to make some commitment towards the goal of the
conference. As per the agenda circulated, what commitment do world leaders want
from India in the Conference?
(a) India should agree to double its energy efficiency under
a global understanding
(b) India should suspend its nuclear pact with USA for at least should reduce it
to 50% level of agreed capacity
(c) Nuclear power plants are highly risky as seen in Japan recently. Hence no
new plant should be made
(d) India has a vast resource of coal. It must its coal resources with other
countries to enable them to produce thermal power which they are not doing so
far due to lack of coal mines there
(e) None of these
126. Who among the following is the recipient of the Padma
Vibhushan given in 2012?
(a) Late (Dr.) Bhupen Hazarika
(b) Sri Vanraj Bhatia
(c) Sri Javed Akhtar
(d) Sri Amitabh Bachhan
(e) Smt. Ambika Soni
127. Under the liberalized scheme of interest subsidy,
Government of India provides interest subsidy on housing loan at the rate of
(d) 2.00% + 1.00% for prompt repayment
(e) None of these
128. When a Bank provides a loan for purchase of white
goods, it is categorized as _______
(a) Consumption loan
(b) White Goods loan
(c) Consumer Durable loan
(d) Working Capital
(e) Bridge Loan
129. India has decided to acquire Rafale Fighter planes
for its air force wing. Which country is going to supply Rafale fighter planes?
130. Which of the following statements about contribution
(approximately) of agriculture sector in GDP is correct?
(a) Agriculture contributes 50% of total GDP
(b) Agriculture does not contribute significantly to India’s GDP as the share is
less than 1%
(c) India’s GDP does not take agriculture sector into account
(d) Agriculture Sector is the part of Service Sector. Hence it is not considered
as an independent sector
(e) Agriculture Sector contributes 20% in India’s GDP
131. Banks are considered as ‘financial intermediaries’.
Which of the following activity correctly and comprehensively explains this role
(a) Accepting deposits of money for the purpose of lending
(b) Granting loans to the weaker section of the society
(c) Accepting money for remittance and issuing bank drafts
(d) Providing safe deposit services
(e) Opening accounts and accepting deposit therein
132. The rate below which banks cannot generally lend is
called as ________________
(a) Base rate
(b) Floor rate
(c) Repo rate
(d) Call money rate
(e) Ceiling rate
133. As per the data released by the Union Health Ministry
(of India) the infant mortality rate is lowest in _____________
(a) Tamil Nadu
(d) Uttar Pradesh
(e) Madhya Pradesh
134. Dada Saheb Phalke Awards are given by theMinistry of
(a) Social Welfare
(b) Corporate Affairs
(c) Home Affairs
(d) Human Resources Development
(e) Information & Broadcasting
135. Which of the following is not a type of Cheque?
(a) Crossed cheque
(b) Blank cheque
(c) Speed cheque
(d) Bearer cheque
(e) Order cheque
136. Mr. John Key is the present _____________
(a) Prime Minster of Canada
(b) Prime Minister of Australia
(c) Prime Minister of New Zealand
(d) President of Australia
(e) President of Canada
137. In relation to banking, what do you understanding by
“Ever – Greening of loan Account”?
(a) Full repayment of a loan account before maturity –
(b) Full repayment of a loan account exactly a t maturity
(c) Fresh Loan sanctioned during the tenure of account for enhancement of limits
(d) Adjusting the NPA/Sticky account with fresh sanction of loans
(e) Loans provided for new projects to new customers
138. Which of the following is the name of an autonomous
organization for rural technology?
139. With a view to facilitate payment of balance in
deposit account to the person named by the deposition without any hassles in the
event of death of the account holder, the following facility was introduced in
bank accounts in our country?
140. Which of the following countries is NOT a member of
141. Which of the following is not a Negotiable
(b) Fixed Deposit Receipt
(c) Promissory Note
(d) Bill of Exchange
(e) All (a) to (d) above are negotiable instruments
142. Which of the following Stock Exchanges in India
recently launched “Carbon Index” so that investors can assess risk and
opportunities associated with climate change?
(a) Delhi Stock Exchange
(b) National Stock Exchange
(c) Bombay Stock Exchange
(d) Kolkata Stock Exchange
(e) Ahmadabad Stock Exchange
143. Which of the following would be the venue of the
World Athletic Championship 2013?
(a) New Delhi
144. Who among the following represented India in 17th
SAARC Summit held at Addu in Maldives in November 2011?
(a) Smt. Sonia Gandhi
(b) Dr. Manmohan Singh
(c) Shri Pranab Mukherjee
(d) Shri P Chidambaram
(e) Shri Rahul Gandhi
145. What is the maximum balance amount that is eligible
for earning interest in a normal saving bank account?
(a) Rs. 1 lac
(b) Rs. 2 lacs
(c) Rs.3 lacs
(d) Rs. 5 lacs
(e) No limit
146. When a customer opens a Deposit account with the
Bank, which one of the following is the status of the Bank?
(e) None of these
147. Which of the following states decided to give
Khatedhari Rights to about 30,000farmers occupying the custodian lands?
(c) Madhya Pradesh
(d) Uttar Pradesh
148. Which of the following functions are not being
performed by the Reserve Bank of India?
(a) Regulation of Banks in India
(b) Regulation of Foreign Direct Investment in India
(c) Foreign CurrencyManagement in India
(d) Control & Supervision of Monday Supply
(e) Currency Management in India
149. A bank is called as ‘Scheduled Bank’ when
(a) Its business has crossed Rs. 1000 crore mark
(b) Its branch network is over 100
(c) It is included in the second Scheduled of the RBI Act
(d) When it complies with all the three above
(e) None of these
150. Australian govt. recently decided to sell Uranium to
India. Uranium is used mainly for ______
(a) manufacturing of chemical fertilizers
(b) manufacturing of Drug/Pharma products
(c) nuclear power generation
(d) making arsenals
(e) making electronic chips
Courtesy: Institute of Banking Personnel Selection