Allahabad Bank (PO) GK Paper 2011

Allahabad Bank (PO) Recruitment 2011-12 General Awareness Paper held on 17th April 2011 (some question’s ans. based on memory)

1.  Who is the author of the novel “A Bend in the River “?      a) Chetan Baghat      b) Amitav Ghosh      c) V. S. Naipaul      d) Arundhati Roy      e) None of these

2.  Who is the author of book “Darkness at Noon”?      a) Salman Rushdi      b) Arun Nayyar      c) Aravind Adiga      d) Arthur Koestler      e) None of these

3.  Which of the following terms is associated with the game of Cricket?      a) Center Forward      b) Love      c) LBW      d) Deuce      e) None of these

4.  Muammar Muhammad al-Gaddafi is associated with the country –      a) Egypt      b) Ghana      c) Tunisia      d) Iran      e) Libya

5.  Which of the following is currency of UAE?      a) Dirham      b) Dolloar      c) Pound      d) EURO      e) Dinar

6.  Who is Kapil Sibal?         a) Agriculture Minister      b) Telecom Minister      c) Finance Minister      d) Sports Minister      e) None of these

7.  Well known Late Pandit Bhimsen Joshi has excelled himself in –      a) Arts      b) Music      c) Literature      d) Jounalism      e) Sports

8.  What is the name of Central Bank of USA?      a) Central Bank U.S.A      b) Reserve Bank of USA      c) Federal Reserve System      d) United States International Bank      e) None of these

9. Vikram Pandit is associated with which of the following banks?      a) United Bank       b) Citigroup Bank      c) HSBC       d) ICICI       e) HDFC

10. Which of the following metal is used in Nuclear Power production plant?      a) Copper       b) Zinc      c) Iron      d) Uranium      e) Barium

11. Which among the following is a renewable energy source?      A) Solar      B) Wind      C) Thermal      a) Only (A)    b) Only (B)    c) Only (C)   d) Both (A) & (B)    e) All (A), (B) & (C)

12. Which of the following states government proposes to setup India’s first Islamic bank in the country?       a) Kerala       b) Gujarat       c) Tamilnadu       d) Utar Pradesh       e) Odisha

13.As per the latest survey of indian economy, which among the following sectors is likely account for       maximum share in country’s GDP?      a) Agriculture      b) Services       c) Industries      d) Automobiles      e) None of these

14. Which of the following organisations will distribute UIDAI cards among the citizens of country?       a) LIC       b) RBI       b) CSO       d) Ministry of Foreign Affairs       e) None of these

15. Which of the following organisation has announced to setup a core banking facilities in rural areas        and rural infrastucture?       a) SBI       b) RBI       c) ICICI       d) Rural Co-operative Banks       e) NABARD

16. What does the letter M stands for in SME, a commonly used abbriviation in financial parlance?        a) Millionaire       b) Miles       c) Medium       d) Mid-term       e) Monetary

17. What is the full form of SWIFT used in finance/banking sector?      a) Society for Worldwide International Financial Telecommunication      b) Society for Worldwide Interbank Financial Telecommunication      c) Society for Worldwide Interbank Financial Taxation      d) Society for Worldwide International Financial Taxation      e) None of these

18. RBI appointed a committee under the chairmanship of D. Mohanty to look into –      a) 2G spectrum scam      b) Implementation of Base Rate      c) Bank’s Saving Interest rate       d) Inflation      e) None of these

19. The government has proposed to setup Megha Food Parks in the country in order to-       a) control food prices       b) reduce wastage of farm produce       c) improve health facilities in urban areas       c) improve the food supply chain        e) None of these

20. What does the term IRR stands for in banking/financial parlance?       a) Interest Rate Risk       b) Interest Rate of Return       c) Internal Rate of Return       d) Internal Recovery Risk       e) None of these

21. Which of the following organizations provide credit history of the borrowers?       a) RBI       b) AMFI       c) CRISIL       d) SEBI       e) CIBIL

22. Which among the following rates is likely to effect the bank’s loan interest rate?       a) Repo rate / Bank Rate      b) CRR / SLR      c) Inflation rate      d) Reverse Repo Rate      e) None of these

23. At which of the following rates a bank borrows money from RBI?       a) Reverse Repo Rate      b) Cash Reserve Ratio      c) Repo Rate      d) SLR      e) None of these

24. The Indian economy has registered a growth of _________ in Fiscal Year 2009-10.      a) 7.2%      b) 7.4%      c) 6.7%      d) 8.1%      e) None of these

25. What is the expansion of the term FIMMDA?      a) Fixed Income Money Market and Development Association of India.      b) Floating Income Money Market and Derivatives Association of India.      c) Fixed Income Money Market and Derivatives Association of India      d) Fixed Income Money Market and Derivatives Agency of India.      e) None of these

26. Which among the following countries was second largest importer of services and goods in  2009-10 ?      a) USA      b) China      c) India      d) Germany      e) Japan

27. Nobel Laureate Muhammad Yunus is bleong to which of following countires?      a) Pakistan      b) Irak      c) UAE      d) Bangladesh      e) Afghanistan

28. Pipavav Port is situated in which of following states?      a) Gujarat      b) Tamilnadu      c) Kerala      d) Andhra Pradesh      e) Odisha            * Pipavav Port is India’s first port in the private sector

29. Niyamgiri bauxite mining project is to be carried out in which of the following states?       a) West Bengal      b) Orissa      c) Jharkhand      d) Andhra Pradesh      e) None of these

30. Which of the following schemes has been launched by govenment of india for school childrens?       a) MNREGA       b) SEWA       c) Mid Day Meal        d) UIDAI       e) None of these

31. The precautionary limit of the Lok-Adalat has been fixed up to Rs._______      a) 5 lakh      b) 10 lakh      c) 15 lakh      d) 20 lakh      e) None of these

32. Which of the following theories is used in economic parlance?       a) Keynesian theory       b) Pascal’s Theory       c) Gravity Theory       d) Affinity matrix       e) None of these

33. Which of the following terms is not used in banking/finance parlance?       a) Credit       b) Debit       c) Discount       d) Absolute Zero       e) None of these

34. Which of the following terms is not used in banking/finance parlance?       a) Balance sheet       b) Commercial paper       c) HIV virus       d) Hedge fund       e) None of these

35. What is CARTOSAT-2B?       a) a fighter jet developed by DRDO        b) an advanced Remote Sensing Satellite built by ISRO       c) an Unmanned Aerial Vehicle (UAV) developed by India’s ADE         d) a type of supercomputer developed by IIT, Khadagpur       e) None of these

36. Which among the following european countries is facing debt crisis?       a) Ireland       b) Netherland       c) France       d) Portugal       e) None of these

37. Which of the following acts was introduced to prevent the utilisation of money derived from crime?       a) Banking Regulation Act, 1949       b) Reserve Bank of India Act, 1934       c) Prevention of Money Laundering Act 2002       d) Deposit Insurance and Credit Guarantee Corporation Act, 1961        e) None of these

38. ASHA scheme aims at which of the following areas?       a) Health       b) Food       c) Education       d) Employment       e) None of these

39. Which of the following document show the balance of cash of an individual in banking/finanancial       instituions on a particular date?       a) Annual Trade Report       b) Reconciliation Statement       c) Balance Sheet       d) Quarterly return statement submitted to RBI       e) None of these

40. Which among the following terms is not related to banking/finance sector?       a) Amortization       b) Breakeven Point       c) Acid Test Ratio       d) ELISA test       e) None of these

41. As per National Advisory Council (NAC) recommendations for National Food Security Bill      (NFSB) which one of following is true in context of priority sector households?       a) Each BPL family would be entitled by law to get 20 kg of rice or wheat per month        b) Each BPL family would be entitled by law to get 25 kg of rice or wheat per month        c) Each BPL family would be entitled by law to get 30 kg of rice or wheat per month        d) Each BPL family would be entitled by law to get 35 kg of rice or wheat per month        e) None of these

42. As per the union budget fiscal deficit pegged at ______.       a) 3.2% of GDP       b) 4.6% of GDP       c) 3.6% of total costs       d) 4.2% of total costs       e) None of these          (Note : no financial year was given in the question so some confusion there, but for FY 2011-12             it is 4.6% of GDP and for current FY 2010-11 it is 5.1% of GDP).

43. Which among the following terms is not related to banking/finance sector?       a) Prime rate       b) Line of Credit       c) Centrifugal force       d) Solvency       e) None of these

44. Which of the following institutions/banks is the primary monetary authority of India?       a) SBI       b) RBI       c) SEBI       d) Finance Ministry       e) None of these

45. How much initial amount will subsidised by the government to get new LPG connection for a        single poor person?        a) Rs. 500       b) Rs. 700       c) Rs. 1200       d) Rs. 1400       e) None of these

46. Which of the following is/are key industries in india?       a) oil/petrolium refining       b) steel / electricity       c) cement / coal       a) Only (A)   b) Only (B)    c) Only (C)    d) Both (B) & (C)   e) All (A), (B) & (C)

47. Which of the following rates is long term Interest rate measure?       a) Repo rate       b) Bank rate       c) Reverse Repo Rate       d) Fixed Interest rate       e) None of these

48. The design of new product and improving the old product by adding new features to it is called –       a) Product enrichment       b) Product enhancement       c) High-valued product       d) Improved product       e) None of these

49. A group of big industrialists and businessmen of India wrote an open letter addressed to Indian       government on which of follwoing issues?       a) Corporate governance       b) Government deficit       c) Inflation       d) Petrol prices       e) None of these

50. Which among the following sectors receiving the maximum FDI equity inflow into India during       FY 2009–10 ?       a) Services sector        b) Housing and real estate        c) Construction activities        d) Education business       e) None of these          The business in India receiving the maximum FDI equity inflow into India is the services sector comprising          financial and non-financial services while construction activities and housing and real estate as the second          and third highest sector attracting FDI India during the financial year 2009-10.

Note : May be some of the ans./options are wrong  as all question-answer        are based on memory. If anybody know about other questions of that        exam. Please… write in comment section.