pt's general knowledge question bank 12 (01!12!2011)

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc. Page 1 PT’s General Knowledge Bank – 12 (01.12.2011) This set is useful for competitive exams like CSAT / CLAT / Bank PO etc. Disclaimer: These questions are based on current awareness, & the data and information are subject to change in coming times. While totally relevant and current today, some of these may not be so with the passage of time. Directions: For the following questions, five options are given. Choose the correct option. 1. The higher rate of growth of economy certainly reduces the (1) gender inequalities (2) poverty (3) population of a country (4) flow of foreign direct investment (5) None of these. 2. The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector, this type of phenomenon is known as (1) Probability risk (2) Market risk (3) Inflation risk (5) Credit risk (5) None of these. 3. The maximum amount of the Total Revenue earned by the Govt. of India comes from (1) Income Tax (2) Customs Duty (3) Excise Duty (4) Value Added Tax (5) Corporate Tax 4. In economics, it is generally believed that the main objective of a Public Sector Financial Company like Bank is to (1) employ more and more people (2) maximize total profits (3) maximize total production (4) provide financial service to the people of the nation of its origin across the country (5) sell the goods at subsidized cost

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Page 1: PT's General Knowledge Question Bank 12 (01!12!2011)

 

PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 1 

PT’s General Knowledge Bank – 12 (01.12.2011)

This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.

Disclaimer: These questions are based on current awareness, & the data and information are subject to change in coming times. While totally relevant and current today, some of these may not be so with the passage of time. Directions: For the following questions, five options are given. Choose the correct option. 1. The higher rate of growth of economy certainly reduces the (1) gender inequalities (2) poverty (3) population of a country (4) flow of foreign direct investment (5) None of these. 

2. The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector, this type of phenomenon is known as (1) Probability risk (2) Market risk (3) Inflation risk (5) Credit risk (5) None of these.  3. The maximum amount of the Total Revenue earned by the Govt. of India comes from  (1) Income Tax  (2) Customs Duty  (3) Excise Duty  (4) Value Added Tax (5) Corporate Tax  4. In economics, it is generally believed that the main objective of a Public Sector Financial Company like Bank is to (1) employ more and more people (2) maximize total profits (3) maximize total production (4) provide financial service to the people of the nation of its origin across the country (5) sell the goods at subsidized cost 

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 2 

  5. Which of the following is TRUE about the ‘Single—EURO Payment Area’ a concept, very much in news these days? (1). It is a concept floated by European Union. (2). It aims to create an integrated market for payment services in EURO. (3). It is a contract to convert all US dollar payments into EURO, which is a currency almost free from fluctuations in its value. (1) Only 1 (2) Only 2 (3) Only 3 (4) Only 1 and 2 (5) None of these.  6. What is a Repo Rate? (1) It is a rate at which RBI sell Govt. securities to banks  (2) It is a rate at which RBI buys Govt. securities from banks  (3) It is a rate at which RBI allows small loans in the market  (4) It is a rate which is offered by Banks to their most valued customers or prime customers  (5) None of these.  7. In a Company, the use of price‐sensitive corporate information by the Company‐people to make gains or cover losses is known as  (1) Insider trading  (2) Future trading  (3) Foreign trading  (4) Stock trading  (5) None of these.  8. As per the directives issued by the Prime Minister’s Economic Advisory Council (EAC), the percentage of the current account deficit (of the total GDP) during 2008‐2009 should not be more than (1) 2.8% (2) 3.0% (3) 3.1% (4) 3.2% (5) None of these. 

 

 

 

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 3 

 9. The agricultural census is done at which of the following intervals? (1) There is no fixed term.  (2) Every year  (3) Once in three years.  (4) Once in ten years.  (5) Once in five years.  10. Which of the following cannot be called as a Debt Instrument, as referred in financial transactions? (1) Certificate of Deposits  (2) Bonds  (3) Stocks  (4) Commercial Papers  (5) Loans  11. The amount of which of the following reflects the overall budgetary position of the Govt. of India at a given time? (1) Revenue Deficit  (2) Total Amount of Income Tax collected  (3) Capital Deficit  (4) Fiscal Deficit  (5) None of these.  12. The 11th Five Year Plan is termed as plan for (1) India’s Health  (2) Eradication of poverty from India  (3) India’s Education  (4) Development of Rural India  (5) None of these.   13. Who amongst the following gave the concept of PURA (Providing Urban facilities in Rural Areas)? (1) Rajiv Gandhi  (2) Manmohan Singh  (3) A.P.J. Abdul Kalam (4) Sonia Gandhi (5) None of these. 

 

  

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 4 

 14. Which one of the following is the percentage up to which FDI in defense sector is allowed? (1) 26%  (2) 41%  (3) 31%  (4) 49%  (5) None of these.  15. Bharat Nirman does not cover which of the following areas? (1) Rural employment  (2) Rural Housing  (3) Rural Water supply (4) Irrigation facilities (5) It covers all the above areas.  16. Which of the following committees has given its recommendations on ‘Financial Inclusion’? (1) Rakesh Mohan Committee  (2) Rangarajan Committee  (3) Sinha Committee  (4) Kelkar Committee  (5) None of these.  17. Which of the following correctly describes sub‐prime lending? 1. Lending to the people who cannot return the loans. 2. Lending to the people who are high‐value customers of the banks. 3. Lending to those who are not a regular customer of a bank. (1) Only 1 (2) Only 2 (3) Only 3 (4) All 1, 2 and 3 (5) None of these 

 18. Which of the following is/are the major concepts visible in today’s banking industry in India?  1. Risk Based Management  2. Growing competition  3. IT Initiatives  (1) Only 1 (2) Only 2 (3) Only 3 (4) Both 2 and 3 (5) All 1, 2 and 3 

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 5 

 19. Which of the following services provided by a bank in India is not liable for Service Tax, as per existing laws? (1) Safe Deposit Lockers  (2) Merchant Banking Services  (3) Credit cards  (4) Discount earned on certain discounted bills  (5) None of these.  20. Whenever RBI does some Open Market Operation Transactions, actually it wishes to regulate which of the following? (1) Inflation only (2) Liquidity in economy (3) Borrowing powers of the banks (4) Flow of Foreign Direct Investments (5) None of these.  21. In India, Minimum Support Prices are announced by the Govt. of India every year. Which of the following commodities is not covered under this policy? (1) Sugar  (2) Wheat  (3) Cotton  (4) White goods  (5) All are covered under the policy.  22. Which of the following policies of a country brings a crucial impact on the economic growth of the nation? 1. Fiscal policy 2. Foreign policy 3. Social policies  (1) Only 1 (2) Only 2 (3) Only 1 and 2 (4) Only 2 and 3 (5) All 1, 2 and 3. 23. Which of the following financial products is not much popular in India, as they are launched recently only? (1) Development Bonds  (2) Insurance Policies  (3) Mutual funds (4) Sovereign Wealth Funds (5) All are very popular products in India. 

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 6 

 24. Which of the following countries was given permanent membership of the World Trade Organisation recently? (1) Ukraine  (2) India  (3) Pakistan  (4) Sri Lanka  (5) None of these.  25. When the prices of commodities, goods and services start declining consistently, the phenomenon is known as  (1) Discount yield  (2) Deflation  (3) Negative growth  (4) Market capitalization  (5) None of these.  

26.  As per the figures released by Union Agriculture Ministry in October 2011, which of      the followings states has been ranked 1st in rice production in 2010‐11?     (1) Assam     (2) Punjab     (3) West Bengal     (4) Uttar Pradesh     (5) Andhra Pradesh  

27.  The Marginal Standing Facility (MSF) Rate applicable from October 25, 2011, is      (1) 8.25%      (2) 8.50%      (3) 25%      (4) 9.50%      (5) None of the above. 

28. The central bank RBI announced guidelines for permitting banks and Non Banking Financial Companies (NBFCs) to set up Infrastructure Debt Funds (IDFs) to accelerate and enhance the flow of long term debt in infrastructure projects. Which of the following guidelines is NOT true for the same? (1) IDFs would be set up either as Mutual Funds (MFs) or NBFCs. (2) RBI will be in-charge of the IDF-NBFC. (3) The IDF-MF would be regulated by the SEBI. (4) The IDF should be assigned a minimum credit rating ‘A’ by accredited rating agencies. (5) NBFC sponsoring IDF-MF should have a minimum NOF of Rs 500 crore.

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 7 

29. As per the RBI policy review statement made on 25th October 2011, each bank will have to offer a uniform interest rate on savings bank deposits up to ____________, irrespective of the amount in the account within this limit. (1) Rs 100,000 (2) Rs 200,000 (3) Rs 250,000 (4) Rs 500,000 (5) None of the above.

30. Which of the following Nobel laureates has not shared the 2011 Nobel Prize in Physics? (1) Adam Riess (2) Brian Schmidt (3) Ralph Steinman (4) Saul Perlmutter (5) None of the above.

31. Which of the following States has launched a state-wide campaign called ‘Rajmata Jija Malnutrition Free Gram Abhiyan’ to combat the pervasive menace of malnutrition? (1) Bihar (2) Orissa (3) Chhattisgarh (4) Maharashtra (5) Uttar Pradesh

32. The 5th India-Brazil-South Africa (IBSA) Summit was held on 18 and 19 Oct 2011, at (1) Brasilia (Brazil) (2) Pretoria (South Africa) (3) Hyderabad (India) (4) Sao Paulo (Brazil) (5) None of these.

33. Which among the following States has become the first state in the country to have functional children’s courts for the speedy trial of crime against children? (1) Gujarat (2) Haryana (3) Orissa (4) Uttarakhand (5) Delhi

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 8 

34. Who is the author of the controversial book titled ‘Controversially Yours’ which recently came into news? (1) Shoaib Akhtar (2) Taslima Nasreen (3) Nasir Hussain (4) Wasim Akram (5) Greg Chappell

35. World-renowned architect, Herman Tilke, who has designed the Budh International Circuit at Greater Noida, for India’s maiden Formula One car race, belongs to (1) France (2) Italy (3) USA (4) Germany (5) Australia

36. With the establishment of three new districts Prabuddha Nagar, Panchsheel Nagar and Bhim Nagar in Uttar Pradesh on September 28, 2011, the total number of districts has gone up to (1) 73 (2) 74 (3) 75 (4) 76 (5) 78

37. Jasmine Revolution, a mass uprising against authoritarian regimes and governance deficit in the Arab world, was firstly triggered in which of the following countries? (1) Egypt (2) Palestine (3) Libya (4) Sudan (5) Tunisia

38. Who was awarded Man of the Match in Champions League T20 Cricket Tournament final, played on October 9, 2011? (1) Lasith Malinga (2) Chris Gayle (3) Harbhajan Singh (4) Ravichandran Ashwin (5) David Warner

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 9 

39. Indian politician L.K Advani’s Rath Yatra, called ‘Jan Chetna Yatra’ against corruption, was started on October 11, from Sitabdiara, the birthplace of Jay Prakash Narayan. Where is Sitabdiara situated? (1) Kishanganj (Bihar) (2) Aurangabad (Bihar) (3) Nawada (Bihar) (4) Saran (Bihar) (5) None of the above.

40. Which of the following ultra-mega power projects (UMPPs) is NOT promoted by Reliance Power, a private sector power generation company in India? (1) Mundra UMPP (Gujarat) (2) Sasan UMPP (Madhya Pradesh) (3) Talaiya UMMP (Jharkhand) (4) Krishnapatnam UMPP (Andhra Pradesh) (5) None of the above.

41. According to the new draft of guidelines released by RBI for licensing of new banks in the private sector, what will be the minimum capital requirement for a wholly owned, non-operative holding company to be allowed to open a bank in India? (1) Rs 300 crore (2) Rs 500 crore (3) Rs 700 crore (4) Rs 400 crore (5) None of the above.

42. The Mid‐Quarter review of Monetary Policy of RBI took place on September 16, 2011. Which of the following is true about the same?     A. Benchmark Repo Rate hiked by 25 basis points (bps) to 8.25%.     B. The modal base rate of banks rose to 10.75 % in August, from 10.25 % in July.     C.  Liquidity has remained in deficit, consistent with the stance of monetary policy. 

(1) Only A (2) Only B (3) Only C (4) Both A & B (5) All A, B &C

43. Recently, India took over the Presidency of which of the following Inter-governmental Group of countries after a gap of 28 years? (1) G-8 (2) G-20 (3) G-24 (4) D-8 (5) None of these.

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 10 

44. What is the name of China’s maiden unmanned space lab which was successfully put into orbit by the Chinese space agency CNSA, in September 2011? (1) Shenzhou (2) Chengdu (3) Dong Feng (4) Tiangong (5) None of the above.

45. In the wake of the 57 rail accidents witnessed this year, the Railway Ministry has set up a high-level safety review committee to look into the signalling systems, rolling stock, fixed structures and other safety measures in the rail research establishments. Who is appointed as Head of this Committee? (1) Sanjay Dhande (2) Anil Kakodkar (3) E. Sreedharan (4) N. Vedachalam (5) G.P. Srivastava

46. Which of the following countries has granted its women citizens the right to vote and contest in elections for the first time in history? (1) Iran (2) Tajikistan (3) Afghanistan (4) Uzbekistan (5) Saudi Arabia

47. Which of the following Indian States recently announced the launch of project named ‘Project Panther’, which was envisaged on the lines of ‘Project Tiger’, in its protected wildlife sanctuaries? (1) Rajasthan (3) Uttar Pradesh (3) Andhra Pradesh (4) Madhya Pradesh (5) Maharashtra

48.Dr Anil Kakodkar Committee, constituted by the government in October 2009, to suggest measures for making all the Indian Institute of Technology (IIT) world-class institutions had submitted its report to Union HRD Minister Kapil Sibal in May 2011.Which of the following recommendations is NOT true in this context? A. The tuition fees of IITs should be between Rs 3-3.5 lakh per year per student. B. IITs should raise the money to run undergraduate courses entirely through tuition fees and not depend on grants. C. Scale up PhD students from less than 1000 PhD graduates per year presently to 10,000 Ph.D. graduates by 2020-25, from about 20 IITs.

(1) Only (A) (2) Only (B) (3) Only (C) (4) Both (B) & (C) (5) Both (A) & (B)

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 11 

49. Chandrasekhar Kambar was chosen for 46th Jnanpith Award for the year 2010. He is a renowned (1) Hindi author (2) Malayalam poet (3) Kannada author (4) Bengali writer (5) None of the above.

50. Bhuwan Chandra Khanduri became the new Chief Minister of which of following Indian States? (1) Uttranchal (2) Jharkhand (3) Karanatka (4) Uttarakhand (5) Maharashtra

51. Supreme Court, the apex court in India, at present has a sanctioned strength of _______ judges, including the Chief Justice of India. (1) 26 (2) 27 (3) 29 (4) 30 (5) 31

52. The finals of the first Asian Men’s Hockey Champions Trophy, played in September 2011, in Ordos, China was won by (1) China (2) India (3) Pakistan (4) Malaysia (5) South Korea

53. Why was Justice Fakkir Mohamed Ibrahim Kalifulla in news? (1) He took over as the Chief Justice of the J&K High Court. (2) He took over as the Chief Justice of the Jharkhand High Court. (3) He became a judge in the Supreme Court of India. (4) He is the new chairperson of Gujarat State Human Rights Commission. (5) None of the above.

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 12 

54.‘Google+’, a new social networking service launched by Google Inc. on June 28, 2011, is a combination of (1) Google News and Google Orkut (2) Google Orkut and Google GMail (3) Google Profiles and Google Buzz (4) Google Wallet and Google Buzz (5) None of the above.

55. Which of the following is NOT of the same category? (1) IDEA (2) AIRTEL (3) TATA (4) BSNL (5) AIRCEL

56. What is the full form of IMEI, a unique serial number which identifies the mobile1 handset? (1) Internet Mobile Equipment Identity (2) International Manufacturing Entity Identity (3) International Mobile Equipment Identity (4) International Mobile Encrypted Identity (5) None of the above.

57. The 2004 Nobel Peace Prize winner, Wangari Maathai, who died on Sept. 25, 2011, belonged to (1) Japan (2) Kenya (3) South Korea (4) North Korea (5) Malaysia

58. Loans for fish rearing are covered under Priority Sector as _________ advances. (1) Direct Agriculture (2) Indirect Agriculture (3) Self Employment Scheme (4) Allied to Indirect Agriculture (5) None of these.

59. Which one of the following is NOT an example of indirect tax? (1) Sale tax (2) Excise duty (3) Custom duty (4) Service tax (5) Expenditure tax

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 13 

60. Small service providers, whose turnover is less than ________per annum, are exempt from service tax in India. (1) Rs 4 lakhs (2) Rs 6 lakhs (3) Rs 8 lakhs (4) Rs 10 lakhs (5) None of these.

61.  Planning commission has fixed a target of ______ of economic growth rate for the      12th Five‐year Plan beginning April next year.      (1) 9.00 per cent      (2) 9.25 per cent      (3) 9.50 per cent      (4) 10.00 per cent      (5) None of the above. 

62. In order to make corporate bonds market attractive, government has raised the limit for Foreign Institutional Investors (FII) investment in long-term corporate bonds issued by the companies in the infrastructure sector, from $5 billion to _____. (1) $ 10 billion (2) $ 15 billion (4) $ 20 billion (4) $ 25 billion (5) None of the above.

63. What is the rank of India in The Global Competitiveness Index rankings published by World Economic Forum recently? (1) 39 (2) 48 (3) 49 (4) 53 (5) 56

64. Under the Companies Act, 1956, the CAG can audit the books of only those companies in which the government owns more than a _______stake. (1) 49 per cent (2) 51 per cent (3) 50 per cent (4) 74 per cent (5) None of the above.

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 14 

65. According to the latest report on world population, published by United Nations Population Division, India would overtake China as the world’s most populous country by (1) 2025 (2) 2027 (3) 2030 (4) 2024 (5) None of the above.

66. Which of the following states has been awarded the Decadal Literacy Award for achieving highest decadal growth in literacy rate in the country? (1) Kerala (2) Orissa (3) Sikkim (4) Bihar (5) Tamil Nadu

67. Recently, the Central Government gave its approval for setting up a Special Investigation Unit (SIU) to monitor the funding and donations made to political parties. SIU will function under the (1) CBDT (2) SEBI (3) ECGCI (4) Election Commission of India (5) Joint Parliamentary Committee

68. The 60th Annual Miss Universe 2011 pageant was held at (a) Nassau (Bahamas) (b) Sao Paulo (Brazil) (c) Sanya (China) (d) Las Vegas (USA) (e) None of these.

69. Brazil won the FIFA Under-20 World Cup for the fifth time, on August 20, 2011, by defeating which of the following countries? (1) Mexico (2) Spain (3) Croatia (4) Uruguay (5) Portugal

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 15 

70. Serbian tennis player Novak Djokovic has NOT won the Men’s Single title of (1) US Open Tennis Championship 2011. (2) French Open Tennis Championship 2011. (3) Wimbledon Tennis Championship 2011. (4) Australian Open Tennis Championship 2011. (5) None of the above.

71. Who is the author of book ‘South Asia in the New World Order: The Role of Regional Cooperation’? (1) Subroto Roy (2) Dambisa Moyo (3) Paul Krugman (4) Shahid Javed Burki (5) Jerry Bowyer

72. Talmiz Ahmad who conferred with King Abdulaziz Order of Merit honor is Indian Ambassador to (1) Oman (2) Iran (3) Bahrain (4) Qatar (5) Saudi Arabia

73. Ustad Rahim Fahimuddin Khan Dagar, who passed away on 27 July 2011, was a renowned (1) Flute player (2) Sitar player (3) Tabla player (4) Dhrupad singer (5) Urdu writer

74. Who has been awarded the Special Book Award, China’s highest literary award? (1) Deven Sharma (2) BR Deepak (3) Harish Hande (4) Alok Shrivastava (5) None of these.

75. Which of the following institutions/regulators performance cannot be audited by Comptroller and Auditor General of India (CAG)? (1) SEBI (2) IRDA (3) PFRDA (4) TRAI (5) All the above.

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 16 

76. A Small Scale Unit is exempted from payment of Excise Duty if it produces goods up to _________in a financial year. (1) Rs. 1 crore or less (2) Rs. 2 crore or less (3) Rs. 3 crore or less (4) Rs. 5 crore or less (5) None of these.

77. The Service Tax Payer (STP) Code, generally used by an assessee during the e-Filing of return through the Internet, consists of how many number of digits? (1) 10 (2) 12 (3) 14 (4) 16 (5) 15

78. An entrepreneur can set up a Micro Enterprises for self-employment, with a maximum investment up to_______. (1) Rs.10 Lakh (2) Rs.15 Lakh (3) Rs.20 Lakh (4) Rs.25 Lakh (5) No limit of investment.

79. Excise duty is a tax on (1) import of goods (2) export of goods (3) sale of goods (4) manufacture or production of goods (5) None of the above.

80. Excise duty on alcohol and narcotic substances is collected by the (1) CBDT (2) State Government (3) Central Government (4) Both (2) & (3) (5) None of the above.

81.  The Committee of Secretaries has recommended that 51 per cent foreign direct       investment (FDI) be allowed in the multi‐brand retail sector, provided the investment       is not less that than        (1) $ 100 million       (2) $ 200 million       (3) $ 250 million       (4) $ 500 million       (5) None of the above. 

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 17 

82. At present, how much percent of foreign direct investment (FDI) is allowed in single brand retail sector? (1) 49 per cent (2) 50 per cent (3) 51 per cent (4) 74 per cent (5) None of these.

83. In 2010-11 crop year, India registered a record output of food grains (in million tonnes) at (1) 223.25 (2) 241.56 (3) 252.36 (4) 265.56 (5) None of the above.

84. The United States derivative contracts, in which Indian investors will be able to trade at the National Stock Exchange from 29 Aug 2011, is with (1) S&P 500 (2) NASDAQ (3) Dow Jones Industrial Average (DJIA) (4) Both (1) & (3) (5) All the above.

85. With which among the following countries India has NOT signed a bilateral Comprehensive Economic Cooperation Agreement (CECA)? (1) Japan (2) Malaysia (3) Singapore (4) South Korea (5) South Africa

86. World Bank has announced to give loan of Rs 2,900 crore for Vishnugad Pipalkoti Hydro Electric power project, to be set up in (1) Orissa (2) Bihar (3) Uttarakhand (4) Jharkhand (5) Karnataka

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 18 

87. According to a latest study led by World Health Organisation (WHO), which of the following countries has highest number of new born deaths (deaths in the first four weeks of life)? (1) Congo (2) India (3) China (4) Nigeria (5) Pakistan

88. With which among the following countries has India signed Double Tax Avoidance Agreement in August 2011? (1) Japan (2) Switzerland (3) South Africa (4) Nigeria (5) Georgia

89. Which of the following states is NOT covered under the National Rural Livelihoods Mission (NRLM), which aims to reduce poverty among rural BPL families by promoting self-employment? (1) Maharashtra (2) Uttar Pradesh (3) Andhra Pradesh (4) Madhya Pradesh (5) Rajasthan

90. Baburam Bhattarai was sworn-in as new Prime Minister of (1) Nepal (2) Bhutan (3) Indonesia (4) Myanmar (5) None of these.

91. What is the name of co-founder and chairman of Apple Inc. who announced his resignation in Aug 2011? (1) Carol Bartz (2) Steve Jobs (3) Steve Ballmer (4) Eric Schmidt (5) None of these.

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 19 

92. The Madhya Pradesh government is celebrating 2011-12 as the (1) Year of Forestry (2) Year of the Tiger (3) Year of Immunisation (4) Year of Safe Motherhood (5) None of the above.

93. The second term of UN Secretary General Ban Ki-Moon, who was re-elected on June 21, 2011, will begin from (1) October 25, 2011 (2) December 1, 2011 (3) April 1, 2012 (4) January 1, 2012 (5) None of these.

94. On June 19, 2011, former National Champion, Chetan Anand, won the Men’s Single title of (1) Maldives Badminton Challenge (2) Mauritius Open Badminton Championship (3) Singapore Open Badminton Championship (4) Indonesian Open Super Series (5) None of the above.

95. Who has been appointed as new Chief of Antrix Corporation Limited, a commercial wing of ISRO? (1) V. S. Hegde (2) Pradeep Kumar (3) N.A.K. Browne (4) Pratip Chaudhuri (5) R.K. Upadhyay

96. ‘Oslo’, which recently came into news for shooting/bomb attack, is the capital of (1) Libya (2) Egypt (3) Yemen (4) Norway (5) Austria

97. India Index Services & Products Limited (IISL) is a joint venture between two entities (1) NSE and CRISIL Ltd. (2) NSE and ICRA Ltd. (3) BSE and CARE Ltd. (4) BSE and CRISIL Ltd. (5) None of these.

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 20 

98. Corporates and financial institutions use derivatives to protect themselves against changes in (1) interest rates (2) exchange rates (3) raw material prices (4) Both (1) & (2) (5) All (1), (2) & (3)

99. A contract between a buyer and a seller regarding a transaction to be fulfilled at a future point, entered into presently, is called (1) Fixed contract (2) Derivative contract (3) Forward contract (4) Future contract (5) None of the above.

100. Over the life of the derivative contract, the value of the derivative (1) decreases (2) increases (3) remains fixed (4) fluctuates with the price of the so-called “underlying” of the contract (5) None of these.

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PT’s Current Awareness Question Bank – 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.  Page 21 

PT’s General Knowledge Bank – 12 (01.12.2011)

Answer Key

Not to be seen until all questions are attempted honestly 1.(2) 2.(2) 3.(5) 4.(4) 5.(4) 6.(1) 7.(1) 8.(4) 9.(5) 10.(3) 11.(4) 12.(3) 13.(3) 14.(1) 15.(1) 16.(2) 17.(1) 18.(1) 19.(4) 20.(3) 21.(4) 22.(3) 23.(4) 24.(5) 25.(2) 26.(1) 27.(4) 28.(5) 29.(1) 30.(3) 31.(4) 32.(2) 33.(5) 34.(1) 35.(4) 36.(3) 37.(5) 38.(3) 39.(4) 40.(1) 41.(2) 42.(5) 43.(3) 44.(4) 45.(2) 46.(5) 47.(1) 48.(1) 49.(3) 50.(4) 51.(5) 52.(2) 53.(1) 54.(3) 55.(4) 56.(3) 57.(2) 58.(1) 59.(5) 60.(4) 61.(1) 62.(4) 63.(5) 64.(2) 65.(3) 66.(4) 67.(1) 68.(2) 69.(5) 70.(2) 71.(4) 72.(5) 73.(4) 74.(2) 75.(5) 76.(1) 77.(5) 78.(4) 79.(4) 80.(2) 81.(1) 82.(3) 83.(2) 84.(4) 85.(5) 86.(3) 87.(2) 88.(5) 89.(3) 90.(1) 91.(2) 92.(3) 93.(4) 94.(2) 95.(1) 96.(4) 97.(1) 98.(5) 99.(2) 100.(4)