Test paper for IBPS examination 2014

General awareness
Q1. who was the director of the film THE GOOD ROAD
nominated for Oscar award 2013
(a) Gyan Correa
(b) Rohit shetty
(c) Paresh Rawal
(d) Vinod Bhardwaj
2. Which film won Cannes film award
a) Winter sleep
b) life of Pi
c)12 year a slave
d. liars dice
3. The Nobel prize winner Kailash Satyarthi is associated t
(a) Environment
(b) child labour
(c) The Ganga river
(d) renewable energy
4. The Man bookers award has been given to Richard Flanagan for
his book
The Narrow Road to the Deep North
A) the award is given by Man group for $ 80000
B) pond 50000
c) crone 50000
d) Euro 80000
5. India asked the Asian
Development Bank (ADB) to
double its lending capacity in 20
years to help emerging market
and poor economies. The annual
lending capacity of ADB under
Ordinary Capital Resources has
been ________so far.
1) $4-5 bn
2) $6-7 bn
3) $8-9 bn

4) $10-11 bn
5) $12-13 bn
Ques. : 6. Juan Carlos Varela won
the Presidential election in which
of the following countries
recently? He was erstwhile Vice
President of the country.
1) Panama
2) El Salvador
3) Nicaragua
4) Costa Rica
5) Honduras
Ques. : 7. The term birdie is
associated with which of the
following games?
1) Badminton
2) Golf
3) Snooker
4) Chess
5) Squash
Ques. : 8. Gary Becker, who died
recently at 83, had received the
Nobel Prize in which of the
following fields in 1992?
1) Literature
2) Economic Sciences
3) Physics
4) Chemistry
5) Peace
Ques. : 9. The World Health
Organization (WHO) imposed
international travel restrictions on
which of the following countries,
recently, over their failure to
control the spread of the deadly
polio virus?
1) Syria
2) Cameroon
3) Pakistan

4) All the above

5) None of these
Ques. : 10. The Constitution Bench
of the Supreme Court, recently,
ruled that the govt cannot impose
____________on linguistic minority
for imparting primary education.
1) Mother tongue
2) English language
3) Hindi language
4) Any foreign language
5) None of these
Ques. : 11. Giving three years time
to comply with the new norms,
the capital market regulator,
Securities and Exchange Board of
India (Sebi), raised the minimum
net worth criteria of asset
management companies from Rs
10 cr to _______earlier this year.
1) Rs 20 cr
2) Rs 30 cr
3) Rs 40 cr
4) Rs 50 cr
5) Rs 70 cr
Ques. : 12 The Nabhratna flying
test bird aircraft was handed over
to DRDO recently. Which of the
following statements is/are NOT
correct about the aircraft?
1) It has been developed by
Mahindra Aerospace Private
Limited.
2) The aircraft will be used by
Bangalore based Electronics and
Radar Development Establishment
(LRDE) as flying test bed (FTB) for
evaluation of performance of
various radars being developed by

it.
3) This aircraft is equipped with
indigenous synthetic Aperture
Radar and state-of-the-art avionics
and communication system.
4) The use of flying test bed (FTB)
aircraft will reduce the cycle time
for development for airborne
system.
5) It is a modified Dornier
(DO-228) aircraft.
Ques. : 13 The RBI panel on credit
information submitted its report
with the recommendations like
providing a free copy of their
credit profile to customers
recently. The panel was headed by
who among the following?
1) Deepak Parekh
2) Shikha Sharma
3) Aditya Puri
4) Chanda Kochhar
5) Pratip Chaudhuri
Ques. : 14. According to a recent
survey conducted by the
Assocham, an alarming number of
children are using social
networking site Facebook. This is
happening in spite of the strict
norms that prohibit children
under age _______from opening an
account on social networking
sites.
1) 12 years
2) 13 years
3) 15 years
4) 16 years
5) 18 years

Q15.which is the most populated city in the world

1. Tokyo
2. New Delhi
3 . Mumbai,
4. Shanghai
Q16. Which committee recommended
the change in the base year of the
Wholesale Price Index?
(a) Narsimhan committee
(b) Vijay Kelkar committee
(c) Srikrishna committee
(d) Abhijit Sen committee
Q.17____________is the base year of
the New Consumer Price Index
Series.
(a) 2009
(b) 2008
(c) 2006
(d) 2010
Q18. __________________isnt a method of
measurement of National Income.
(a) Value-added method
(b) Income method
(c) Investment method
(d) Expenditure method
Q.19. With which among the
following countries has India
signed a Comprehensive Economic
Partnership Agreement (CEPA)?
(a) Japan
(b) Singapore
(c) Malaysia
(d) France
Ans : (a)
Q20. In India, the commercial banks
are required to provide_______% of
their ANBC (Adjusted Net Bank
Credit) to priority sector.

(a) 15
(b) 25
(c) 35
(d) 40
21.. What does FSDC stand for?
(a) Financial Security and
Development Council
(b) Financial Stability and
Development Council
(c) Fiscal Security and Development
Council
(d) Fiscal Stability and
Development Council)
22. When was Liberalized
Exchange Rate Management
System (LERMS) started in India?
(a)1990
(b)1996
(c)1992
(d)1998
23. who decides the Exchange rate of currencies in India
(a) RBI
(b) Fedai
(c)stock exchange
(d) left to market
Ques. : 24 The govt is mulling Centre of
National Excellence status for the institutions
FTII, SRFTI as announced by the Information
and Broadcasting Minister _________, recently.
1) Ramvilas Paswan
2) Prakash Javadekar
3) Nitin Jairam Gadkari
4) M Venkaiah Naidu
5) None of these4.
Ques. : 25. Infrastructure finance company IDFC
plans to start bank operations by Oct 2015.
IDFC bagged a commercial banking license
along with Bandhan. They have to start banking operations within
;

1) 12 months
2) 24 months
3) 18 months
4) 36 months
Ques. :26. Militant separatist group ISIS is in
news for its activities in which of the following
countries, recently?
1) Iraq
2) Iran
3) Libya
4) Nigeria
Ques 27 : BCSBI stands for
A : Banking codes and Standards
Boards of India
B : Board code for standards in
Branches
C : Board code for standards in
Banking
D : None of the above.
Ques 28 : As per KYC Policy, the
list of terrorist organizations is
supplied to the bank by the
A : Government of India
B : CIBIL
C : IBA
D : RBI
Ques 29. : As per RBI guidelines,
when a counterfeit note is
detected at the branch, it should
be
A : Branded with a stamp
COUNTERFEIT BANKNOTE
B : Recorded in a separate register
under authentication
C : acknowledge in the prescribed
format of RBI and issued to the
tenderer
D : All of above.

Ques 30 : Association of National

Exchanges Members of India ANMI
is a body consisting of
A : Bankers and SEBI
B : SEBI and IBA
C : Brokers Operating in the
National Exchanges
D : Bankers, SEBI, IBA and RBI
Ques 31 : Authorized dealers for
Foreign exchange transactions are
appointed by
A : Reserve Bank of India
B : Individual Banks
C : FEDAI
D : Government of India
Ques 32 : Balance of Trade of a
country is equivalent to
A : difference between the Inward
and Outward remittances made in
foreign exchange
B : surplus generated shown in a
Trading Account
C : difference between exports and
imports
D : none of the above
Ques 33 : Banking services offered
to units set up n Special Economic
Zones (SEZs) have been exempted
from paying
A : Capital gain tax
B : Income tax
C : Service tax
D : None of these
Ques 34 : Banks generally prefer

to extend finances to registered

firms only, because
A : banks will have priority over
creditors in case of liquidation of
the firm
B : the firms can sue the debtors
in case of default on their part
C : banks can sue the firm in case
of default
D : the creditors can sue the firm
Ques 35 : Banks should not grand
new loans for purpose of minor
irrigation in
A : White Block
B : Grey Bloc
C : Dark Block
D : All of the above
Ques 36 : Borrowers ability to
meet the immediate liabilities is
indicated by
A : Current Ratio
B : Acid Test Ratio
C : Debt Equity Ratio
D : None of the above
Ques 37 : Certificate in respect of
an SSI unit is given by
A : RBI
B : Chamber of Commerce
C : District Industries Center
D : None of these
Ques 38 : By Deemed Exports it
means
A : supplies of goods and services
to units within the country which
can earn foreign currency to the
country
B : exports made by units situated
in EPZ areas to other country.
C : exports made by EOU out of the

country
D : anticipated value of experts
Ques 39 : By devaluation we
mean:
A : A fall in the domestic value of
currency
B : A fall in the external value of a
currency caused by the market
forces
C : A fall in the external value of a
currency caused by Government
action
Ques.40. Which country is not included in Euro zone currency.
a) Spain
b) Germany
c) Sweden
d) Latvia
Ques.41. Which is the capital of Brunei
a) Sharjah
b) Tripoli
c) Tehran
d) Bandar Seri Begawan
Ques.42. Which agreement has been signed by OECD and G20
countries.
but India has not signed so far.
A)Transparent tax data exchange
B)Trade facilitation agreement
C)Nuclear treaty
D)
Bi lateral trade agreements.
Ques.43 . what is the maximum rate of interest NBFC can pay on
term deposit and who decides these rates;
a) No restriction on maximum interest rates and these
decided by NBFC themselves .
b) The maximum rates are decided by RBI, these can not
pay more than 12.50% p.a.
c) The NBFC has to seek permission from SEBI for any rate of
interest
d) NBFC decides rate and RBI gives approval irrespective of
rates ceiling .

Ques. 44. Deposits received by NBFC are insured up to Rs1.00

lac
A) Covered by DICGC
B) covered by ECGC
C) Covered by R BI
D) Non covered by any institution
Ques.45 The Indian west coast has been recently affected
by cyclone named as
a) Hud Hud
b) Nilofar
c) Nilam
d) Phailin

Computer Quiz
1. Which is considered a direct
entry input device?
1) Optical scanner
2) Mouse
3) Light pen
4) Digitizer
5) All of the above.
2. The daily processing of
corrections to customer
accounts best exemplifies the
processing mode of:
1) Batch processing
2) Real-time processing
3) Interactive processing
4) Multi processing
5) All of the above.
3. Which is a unit of measurement
used with computer systems?
1) Byte
2) Kilobyte
3) Megabyte

4) Gigabyte
5) All of the above
4.A character is represented in
EBCDIC by
1) one bit
2) four bits
3) eight bits
4) sixteen bits
5) None of the above
5.Which is a secondary memory
device?
1) CPU
2) ALU
3) Floppy disk
4) Mouse
5) None of the above
6. Which is the computer memory
that does not forget?
1) ROM
2) RAM
3) PROM
4) All of the above
5) None of the above
7. The most common binary code
in use today is the 8 bit
ASCII code. What do the
letters ASCII stand for?
1) American Standard Code for
International Interchange
2) American Standard Code for
Information Interchange
3) American Standard Code for
Intelligence interchange
4) American Scientific Code for
Information Interchange
5) None of the above
8. A computer derives its basic
strength from
1) Speed

2) Accuracy
3) Memory
4) all of the above
5) None of the above
9. A collection of eight bits is
called
1) Byte
2) Word
3) Record
4) file
5) None of the above
10. A BIT represents a
1) Decimal digit
2) Octal digit
3) Binary digit
4) Hexadecimal digit
5) none of these
11.Which can read data and
convert them to a form that a
computer can use?
1) Logic
2) Storage
3) Control
4) Input device
5) Output device
12.Software instruction intended to
satisfy a user's specific
processing needs are called
1) System software
2) A microcomputer
3) Documentation
4) Applications software
5) All of the above
13. Which of the following is the
most powerful type of
computer?
1) Super micro
2) Super conductor
3) Microcomputer

4) Super computer
5) Mega frame
14.Which of the following people
probably has the least
amount of technical
knowledge?
1) Programmer
2) User
3) System analyst
4) Computer operator
5) Computer professional
15.The Central Processing Unit
(CPU) consists of:
1) Input, output and processing
2) Control unit, primary storage &
secondary storage
3) Control unit, arithmetic-logic
unit, primary storage
4) Control unit, processing, and
primary storage
5) None of the above
ANSWERS
1. 5
2. 1
3. 5
4. 3
5. 3
6. 1
7. 2
8. 4
9. 1
10. 3
11. 4
12. 4
13. 4
14. 2
15. 3
20:54, 22 Aug - Mudit Singhal: Home
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