General Awareness Practice Question for Upcoming IBPS Clerk Examination

1.  Interest payable on saving bank account is regulated by
A)   By the bank itself.
B)   By the state government.
C)   By the finance ministry.
D)   By the RBI
E)    BY the planning commission.
2.  Which of the following term is used in the field of finance and banking ?
A)   Adjustment credit
B)   Friction
C)   Fibonacci
D)   Single Bond
E)   None
3.  Recently Indian cricket  team U-19 won world cup 2012. The world cup U 19 was held in
A)   Australia
B)   England
C)   Srilanka
D)   West Indies
E)   India
4.  The 16th submit of NAM ( Non Aligned Movement ) was held in
A)   Iraq
B)   Fijji
C)   Argentina
D)   Iran
E)   India
5.  Money Laundering normally include_________.
A)   Placement of funds
B)   Integration of funds
C)   Layering of funds
D)   All (a) , (b) and (c)
E)   None of these
6.  Which of the following is NOT an example of plastic money
1)Demand Draft 2) Cheque book 3) Credit card 4) Debit card
A)    1,2,
B)   2,3,4
C)   3,4
D)   1,2,3
E)   1,4
7.  RBI has issued guidelines to implement BASEL iii norms with effect from –
A)   January 2013
B)   December 2012
C)   March 2013
D)   June 2013
E)   November 2012
8.  Who was the Flag bearer for India in London Olympics 2012?
A)   Sania Mirza
B)   Sushil Kumar
C)   Sania Nehwal
D)   Vijendra singh
E)   Leander Paes
9.  Who is the Deputy Chairmain Of Rajyasabha ?
A)   Vigesh Kurien
B)   P.J Kurien
C)   Arun Jaitely
D)   Raja Raman
E)   None of these
10.Which of the following is not part of Scheduled Banking structure in India ?
A)   state co-operative bank
B)   Private sector bank
C)   Public sector bank
D)   Regional Rural bank
E)   Money lenders
11.Which one of the following is the capital of South Sudan ?
A)   Zuba
B)   Lisbon
C)   Kier
D)   Hungry
E)   Astana
12. The famous Book “ Nacropolis “ is written by
A)   Rashmi Bansal
B)   Jeet Thayil
C)   Rabindra Singh
D)   Anthony Horowitz
E)   Nicholas sparks
13.  With which of the following country recently India has signed  social security agreement ?
A)   Norway
B)   France
C)   Saudi Arab
D)   Japan
E)   Finland
14.  Name the Person who won the US open 2012 Men’s single
A)   Roger Fedrer
B)   Andey Murray
C)   Rafel Nadal
D)   Novak Djokovic
E)   None of these
15.  As per the guidelines issued by the SEBI the Permanent Account Number (PAN) is must for which of the following.
A)   Demat account
B)   Housing Loan account
C)   Saving bank account
D)   Current bank account
E)   All of these
16.  Pranab Mukharjee  had been elected as the President of India , he is ______ President of India.
A)   12th
B)   11th
C)   16th
D)   13th
E)   15th
17.  Fiscal policy is related to –
A)   Money supply in the economy
B)   Regulation of the banking system
C)   Planning for the economic development
D)   Government revenue and Expenditure
E)   None of these
18.  Which of the following is NOT an example name of any country ?
A)   Algeria
B)   Angola
C)   Bahrain
D)   Cyprus
E)   None of these
19.  Rabi session is considered between
A)   December to May
B)   October to March
C)   April to September
D)   May to October
E)   January to June
20.  Who had been awarded by Nobel prize in Literature on October 21, 2012
A)   Hoffman
B)   Saul Perlmutter
C)   Mo yan
D)   Tomas Transtromer
E)   B.J. Girdon
21.  Which of the following film won the best Movie Award in 13th Intenational Indian Film Academy (IIFA) award 2012 ?
A)   Rockstar
B)   Kahani
C)   Dirty Picture
D)   Zindgi Na Milegi Dobara
E)   Body guard
22.  Which of the following is the biggest borrower in India ?
A)   Indian Railways
B)   Indian Government
C)   NGO?s
D)   PSU?s
E)   NABARD
23.  Which of the following tool is used frequently by the RBI to control credit and Monetary situation of the market in the country ?
A)   Balance of Payments (BOP)
B)   CRR
C)   Balance of trade
D)   ECS
E)   MSS
24.  According to the 12TH plan ( 2012-2017) the average economic growth target is
A)   8.2%
B)   5.6%
C)   9.5%
D)   7.6%
E)   6.7%
25.  Name the India’s third stock Exchange which is expected to start functioning by the end of this year
A)   NSE-mx
B)   BSE-sx
C)   DSE-sx
D)   MCX-sx
E)   Nasdaq
26.   Who among the following is the winner of Nobel Economics Prize 2012 ?
a)Alvin Roth and Lloyd shapely ( ans)
b)Robert Lefkowitz and Brian Kobilika
c)Alvin Roth and Brian kobilika.
d) Robert Lefkowitz and Lloyd shapely
e)Brian Kobilika and Robert Lefkowitz.
A)   Alvin Roth and Lloyd shapely
B)   Robert Lefkowitz and Brian Kobilika
C)   Alvin Roth and Brian kobilika.
D)   Robert Lefkowitz and Lloyd shapely
E)   Brian Kobilika and Robert Lefkowitz.
27.    Name the country which holds Maximum share in Indian’s Export
A)   Latin America
B)   European union
C)   Australia
D)   U.S.A
E)    Russia
28.   Which of the following had been converted in to NBFC and brought under the regulatory oversight of RBI ?
A)    NABARD
B)   SIDBI
C)    IIFCL
D)   Exim Bank
E)   RRB
29.  Many times we read about the IIP’s of different sectors/Organizations. IIP stands for
A)    Indian Institute of Production
B)   Index of Industrial Production
C)   Integration of Industrial Production
D)   Index of Instant Production
E)   None of these
30.  Which of the following Indian has been Invited by ‘Peking University’ at Beijing ?
A)   Dr Manmohan Singh
B)   C Rangrajan
C)   Mukesh Ambani
D)   Amrtya Sen
E)   Dr APJ Abdul Kalam
31.  IRDA stands for
A)   Insurance Regulatory and Development Authority
B)   Income Regulatory and Development Authority
C)   Infrastructure Regulatory and Development Authority
D)   Insurance Regulatory and Deciding Authority
E)   None
32.  Basel-ii norms are associated with which of the following aspects of Banking Industry
A)   Financial Inclusion
B)   Manpower Planning
C)   Risk management
D)   E governance
E)   Mutual fund
33.  World Day Of Water ‘ is observed on
A)   April 24
B)   December 23
C)   October 12
D)   November 16
E)   March 22
34.  Name the  India –USA joint naval exercise which was held recently
A)   Andaman 12
B)   Ladakh 12
C)   Coromandal 12
D)   Malabar 12
E)   Indra 12
35.  ‘Man Booker’ prize is given in the field of
A)   Film
B)   Social Activity
C)   Literature
D)   Economics
E)   Science and Technolgy
36.  Champions League T20 2012 was won by
A)   Kolkata Knight Riders
B)   Mumbai Indians
C)   Sydney Sixers
D)   Highveld Lions
E)   Perth Scorchers
37.  The sports person honored with the ‘Order Of Australia Awards 2012’
A)   Sania Nehwal
B)   Vijendra Singh
C)   Harbhajan Singh
D)   Sachin Tendulkar
E)   Anil Kumble
38.  Which of the following bank is awarded as the ‘best bank and financial institution award 2012’ ?
A)   Punjab National Bank
B)   State bank of Hyderabad
C)   Bank Of Baroda
D)   Axis Bank
E)   Indian Bank
39.  Yuan is the currency of
A)   Soth Korea
B)   Japan
C)   China
D)   North Korea
E)   Germany
40.   Which one of the following is NOT decided by the finance minister while presenting Union Budget ?
A)   Rate of Income Tax
B)   Expenditure of Defense Service.
C)   Relief packages to various sections.
D)   Repo and Reverse Repo rates.
E)   Revenue expenditure from various sources.