(Held on 04-11-2007)
REASONING ABILITY
1. Four of the following five are alike in a certain way and so form a group. Which is the one that does not belong to the group ?
(A) 115 (B) 145(C) 95 (D) 155(E) 75
2. How many meaningful words can be made from the letters ADEL using each letter only once ?(A) None (B) One(C) Two (D) Three(E) More than three
3. How many such pairs of letters are there in the word ‘ADVER-TISE’, each of which has as many letters between them in the word, as they have in the English alphabet ?
(A) None (B) One(C) Two (D) Three(E) None of these
4. In a certain code, FUEL is written as $%#6 and KITE is written as @ l 7 #. How is LIFE written in that code ?
(A) 6 % $ # (B) 6 $ % #(C) 6 H $ # (D) 6 % H #(E) None of these
5. If in the word CUSTOMIZE all the consonants are replaced by the previous letter and all the vowels are replaced by the next letter in English alphabet and then all the letters are arranged alphabetically from left to right, which letter will be fourth from the right ?
(A) R (B) T(C) L (D) M(E) None of theseDirections—
(Q. 6 to 10) In each of the questions below are given four statements followed by three conclu-sions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logi-cally follows from the given state-ments disregarding commonly known facts.
6. Statements :All flowers are fruits.No fruit is juice.Some juices are proteins.All proteins are vitaminsConclusions :I. Some vitamins are fruitsII. Some juices are vitamins.III. No flower is juice
.(A) Only I and II follow(B) Only I and III follow(C) All I, II and III follow(D) Only II and III follow(E) None of these
7. Statements :Some bags are suits.All suits are trousers.Some trousers are shirts.All shirts are coats.Conclusions :I. Some trousers are coats.II. Some bags are trousers.III. Some suits are coats.
(A) Only I and II follow(B) Only I follows(C) Only II and III follow(D) All follow(E) None of these
8. Statements :All books are novels.Some novels are poems.Some poems are stories.No story is a movie.Conclusions :I. Some books are poems.II. Some movies are novels.III. No movie is a novel.
(A) Only I follows(B) Only I and II follow(C) Only either II or III follows(D) None follows(E) None of these
9. Statements :All cups are bowls.All bowls are trays.Some trays are plates.No plate is spoon.Conclusions :I. Some bowls are plates.II. Some cups are spoons.III. No cup is spoon
(A) Only I follows(B) Only II follows(C) Only II and III follow(D) All follow(E) None of these
10. Statements :Some towers are pillars.Some pillars are buildings.All buildings are flats.No flat is house.Conclusions :I. No building is house.II. Some towers are houses.III. Some towers are flats.
(A) None follows(B) Only I follows(C) Only II and III follow(D) All follow(E) None of theseDirections—
(Q. 11 to 15) In these questions the symbols @, #, $, % and H are used with different meanings as follows :‘A @ B’ means ‘A is not smaller than B’.‘A # B’ means ‘A is neither smaller than nor equal to B’‘A $ B’ means ‘A is neither greater than nor smaller than B’.‘A % B’ means ‘A is not greater than B’.‘A H B’ means ‘A is neither greater than nor equal to B’.In each question, four statements showing relationships have been given, which are followed by three conclusions I, II and III. Assuming that the given statements are true, find out which conclusion(s) is/are definitely true.
11. Statements : V $ Y, Y @ Z, Z % X, X # TConclusions :
I. T # Z
II. X # Y
III. Z H Y
(A) None follows(B) Only I follows(C) Only II and III follow(D) Only I and III follow(E) None of these
12. Statements :R @ J, J % F, F H E, E % MConclusions :
I. M # J
II. F % M
III. M H R
(A) Only I follows(B) Only II follows(C) Only III follows(D) Only I and II follow(E) All follow
13. Statements :H # R, R @ L, L H W, W % FConclusions :
I. H # L
II. F # L
III. H $ F
(A) Only I follows(B) Only I and II follow(C) Only II and III follow(D) Only either I or II follows(E) All follow
14. Statements : M # K, M $ F, F % Q, Q H HConclusions :
I. H # K
II. Q # K
III. Q @ M
(A) Only I and II follow(B) Only either I or II follows(C) All I, II and III follow(D) Only II and III follow(E) None of these
15. Statements : D H Q, Q $ L, L # T, T % HConclusions :
I. D H L
II. L @ H
III. H H L
(A) Only I follows(B) Only I and II follow(C) Only either II or III follows(D) All I, II and III follow(E) Only I and either II or III followDirections—
(Q. 16 to 20) Given an input line the machine arranges the words and numbers in steps in a systematic manner as illustrated below :Input line : 56 dress fine shine 32 66 72 offerStep I : 72 56 dress fine shine 32 66 offerStep II : 72 shine 56 dress fine 32 66 offerStep III : 72 shine 66 56 dress fine 32 offerStep IV : 72 shine 66 offer 56 dress fine 32Step V : 72 shine 66 offer 56 fine dress 32Step VI : 72 shine 66 offer 56 fine 32 dressStep VI is the last step and the output in Step VI is the final output.As per the rules followed in the above steps, find out in each of the following questions the appropriate step for the given input.
16. Step IV of an input is ‘62 sound 56 sleep roam present 33 49’. What will be the input defini-tely ?
(A) Sound 62 sleep 56 roam present 33 49(B) Sleep sound 62 56 roam present 33 49(C) 62 sound sleep 56 roam present 33 49(D) Cannot be determined(E) None of these
17. Which of the following will be the third step for input : ‘jockey firm 36 43 growth chart 22 45’ ?
(A) 45 jockey 43 growth firm 36 chart 22(B) 45 jockey 43 firm growth 36 chart 22(C) 45 jockey 43 growth 36 firm chart 22(D) 45 jockey 43 firm 36 growth chart 22(E) None of these
18. Step II of an input is ‘53 window 42 50 door lock key 36’. How many more steps will be required to complete the arrangement ?
(A) Three (B) Four(C) Five (D) Six(E) None of these
19. What will be the fifth step of an input whose first step is ‘85 journey train 36 54 daily 28 mansion’ ?
(A) 85 train 54 mansion 28 journey daily 36(B) 85 train 54 mansion journey 36 daily 28(C) 85 train 54 mansion 36 journey daily 28(D) There is no such step(E) None of these
20. Which step will be the last step for an input whose second step is ‘63 Sour 18 56 grapes healthy 32 rise’ ?
(A) IV (B) V(C) VIII (D) VII(E) None of theseDirections—
(Q. 21 to 25) In each question below is given a statement followed by two courses of action numbered I and II. A course of action is a step or administrative decision to be taken for improvement, follow-up or further action in regard to the problem, policy, etc. On the basis of the information given in the state-ment, you have to assume everything in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursu-ing. Given answer :(A) if only course of action I follows.(B) if only course of action II follows.(C) if either course of action I or II follows.(D) if neither course of action I nor II follows.(E) if both courses of action I and II follow.
21. Statements : Misuse of subsidies offered to the farmers was obser-ved and brought to the notice of the concerned authorities.Courses of Action :I. Government should issue orders to the concerned offi-cials to be stricter and more careful whileverifying the required documents while granting subsidy.II. Government should take stringent action against those making false claim of subsidy.
22. Statements : Expensive clothes and accessories are becoming a growing need among college going teenage children of middle-income group.Courses of Action :I. Colleges should introduce a dress code.II. Children should be coun-seled emphasizing the importance of many other things.
23. Statements : People in the loca-lity were agitated as more than thirty people died in a building collapse.Courses of Action :I. Government should imme-diately announce compensa-tions for the affected fami-lies.II. Authorities should take a stringent action against buil-ders tending to compromise over quality of material used.
24. Statements : With the onset of monsoon all the hospitals are getting increased number of patients due to various epide-mics.Courses of Action :I. Civic authorities should educate the public the need for observing minimum required hygiene.II. Civic authorities should make arrangements to equip the hospitals with required medicines and other facili-ties.
25. Statements : More number of students passing SSC examina-tion has resulted into frustration among children for not getting admissions into colleges of their choice.Courses of Action :I. Government should permit the colleges to increase the number of seats.II. Children and their parents should be counseled for being flexible on the choice of college.Directions—
(Q. 26 to 30) In each of these questions a group of digits is given followed by four combinations of letter/symbol code lettered (A), (B), (C) and (D). You have to code the group of digits as per the scheme and conditions given below. Serial letter of the combination that correctly represents the group of digits is your answer. If none of the combinations is correct, your answer is (E) i.e. ‘None of these’.Digit 5 7 0 9 3 1 6 4 8 2Letter/Symbol CodeK E H $ ∆ A J Q R @ Conditions(i) If the first as well as last digit is odd their codes are to be inter-changed.(ii) If the first digit is even and the last digit odd both are to be coded by the code for odd digit.(iii) If the last digit is ‘0’ it is to be coded by ‘X’.(iv) If the first as well as the last digit is even both are to be coded by H.
26. 586403(A) KRJQHD (B) DRJQHK(C) DHJQRK (D) KHJQRD(E) None of these
27. 801234(A) HHA@DH (B) RHA@DH(C) HHD@AH (D) RHA@DQ(E) None of these
28. 439157(A) QD$AKE (B) ED$AKQ(C) QD$AKQ (D) ED$AKE(E) None of these
29. 389160(A) DR$AJH (B) DR$AJX(C) XR$AJX (D) DR$AJD(E) None of these
30. 764138(A) EJQADE (B) RJQADE(C) RJQADR (D) EJQADH(E) None of theseDirections—
(Q. 31 to 35) These questions are based on the following information. Study it carefully to answer the questions.Seven officers L, M, N, P, Q, R & S work in three different shifts I, II & III with at least two persons working in each shift. Each one of them has a different weekly off from Monday to Sunday not necessarily in the same order.M works in second shift only with R whose weekly off is on Friday. Q’s weekly off is on the next day of L’s weekly off and both of them work in different shifts. P works in third shift and his weekly off is on Saturday. S has a weekly of on Monday and he works in first shift. The one who has a weekly off on Sunday works in first shift. L and R do not work in the same shift, L’s weekly off is on Tuesday.
31. Whose weekly off falls on Thurs-day ?
(A) L(B) N(C) Q(D) Cannot be determined(E) None of these
32. Which of the following combina-tions of shift, person and weekly off is definitely correct ?
(A) II, M, Sunday(B) III, N, Sunday(C) II, P, Sunday(D) I, L, Tuesday(E) None of these
33. Whose weekly off is on Sunday ?
(A) L (B) M(C) N (D) Q(E) None of these
34. On which day is Q’s weekly off ?
(A) Tuesday(B) Wednesday(C) Sunday(D) Cannot be determined(E) None of these
35. Which of the following group of officers work is shift I ?
(A) L, N, S (B) L, S(C) N, S (D) L, P, Q(E) None of theseDirections—
(Q. 36 to 40) In each of the following questions two rows of numbers are given. The resultant number in each row is to be worked out separately based on the following rules and the questions below the rows of numbers are to be answered. The operations of numbers progress from left to right.Rules :(i) If a two digit odd number is followed by a two digit odd number they are to be added.(ii) If a two digit even number is followed by a two digit odd number which is the perfect square, the even number is to be subtracted from the odd number.(iii) If a three digit number is follo-wed by a two digit number the first number is to be divided by the second number.(iv) If a prime number is followed by an even number the two are to be added.(v) If an even number is followed by another even number the two are to be multiplied.
36. 37 12 2138 81 14What is the difference between the resultants of the two rows ?
(A) 23 (B) 32(C) 13 (D) 18(E) None of these
37. 23 15 12X 24 49If X is the resultant of the first row, what is the resultant of the second row ?(A) 24 (B) 25(C) 28 (D) 22(E) None of these
38. 16 8 32132 11 X2If X is the resultant of first row, what is the resultant of the second row ?(A) 192 (B) 128(C) 132 (D) 144(E) None of these
39. 345 23 X45 17 81If X is the resultant of the second row, what is the resultant of the first row ?
(A) 285 (B) 33(C) 135 (D) 34(E) None of these
40. 12 28 8437 22 18What is the sum of the resultants of the two rows ?
(A) 77 (B) 87(C) 84 (D) 72(E) None of theseDirections—
(Q. 41 to 45) Below is given a passage followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity. Mark answer—(A) if the inference is ‘definitely true’, i.e. it properly follows from the statement of facts given.(B) if the inference is ‘probably true’ though not ‘definitely true’ in the light of the facts given.(C) if the ‘data are inadequate’, i.e. from the facts given you cannot say whether the inference is likely to be true or false.(D) if the inference is ‘probably false’, though not ‘definitely false’ in the light of the facts given.(E) if the inference is ‘defini-tely false’, i.e., it cannot possibly be drawn from the facts given or it contradicts the given facts.Growth through acquisitions and alliances has become a critical part of creating value for pharma and bio-tech manufacturers and their share-holders. However, companies and their investors may risk value des-truction if they acquire rights to a drug that suddenly poses unantici-pated safety risks for patients.Similarly, safety related compliance violations committed by an acquired company could significantly impair the ultimate value of the transaction and the reputation of the acquirer. The pace of deal making between pharma and biotech companies con-tinued to accelerate in 2006, increas-ing 17% to about $ 18 billion. Pharma companies were typically the buyers, and the premiums they paid increa-sed substantially as competition intensified, to secure access to novel drugs and biologics. The stakes increase everyday as competition pushes up prices and drives deal-making to earlier development stages with greater uncertainty and less time to complete thorough due diligence.
41. Acquisitions of biotech compa-nies was preferred among phar-maceutical companies in the recent past.
42. Biotech companies are not cap-able to acquire pharmaceutical companies.
43. Pharmaceutical companies at times may incur loss after acquisition of biotech companies.
44. Safety related issues are prime concerns for the pharmaceutical companies while negotiating acquisitions of biotech com-panies.
45. Stiff competitions among the prospective buyers have resulted into erosion of value of the biotech companies.
Answers with Explanations
1. (E) Each of all the rest has two factors while 75 has three factors i.e., 115 = 5 ´ 23,145 = 5 ´ 29,95 = 5 ´ 19and 155 = 5 ´ 31while 75 = 3 ´ 5 ´ 5
2. (C) Meaningful words foured from the letters ADEL are DEAL and LEAD.
3. (B)Only one such pair is DI.
4. (E) FUEL ® $%#6and KITE ® @ l 7 #LIFE ® 6 l $ #
5. (A) C U S T O M I Z E® B V R S P L J Y E® B F J L P S V YThe fourth letter from the right is R.
6. (D )Only II and III follow.
7. ( A)Only I and II follow.
8. (C)Only either II or III follows
9. (E)Either II or III follows
10. (B)Only I follows.
11. (A) V $ Y Þ V = Y,Y @ Z Þ Y ³ Z,Z % X Þ Z £ Xand X # T Þ X > TV = Y ³ Z £ X > TI. T # Z Þ T > Z (False)II. X # Y Þ X > Y (False)III. Z H Y Þ Z < Y (False)None follows.
12. (A) R @ J Þ R ³ J,J % F Þ J £ F,F H E Þ F <> J (True)II. F % M Þ F £ M (False)III. M H R Þ M < R (False)Only I follows.
13. (B) H # R Þ H > R,R @ L Þ R ³ L,L H W Þ L <> R ³ L <> L (True)II. F # L Þ F > L (True)III. H $ F Þ H = F (False)Only I and II follow.
14. (C) M # K Þ M > K,M $ F Þ M = F,F % Q Þ F £ Qand Q H H Þ Q < m =" F"> K (True)II. Q # K Þ Q > K (True)III. Q @ M Þ Q ³ M (True)All the three follow.
15. (A) D H Q Þ D < q =" L,L"> Tand T % H Þ T £ HD < q =" L"> T £ HI. D H L Þ D < L (True)II. L @ H Þ L ³ H (False)III. H H L Þ H < L (False)Only I follows.
16. (D)
17. (A) Input jockey firm 36, 43 growth chart 22, 45.Step I 45 jockey firm 36 43 growth chart 22.Step II 45 jockey 43 firm 36 growth chart 22.Step III 45 jockey 43 growth firm 36 chart 22.
18. (B) Step III 53 window 50 42 door lock key 36Step IV 53 window 50 lock 42 door key 36.Step V 53 window 50 lock 42 key door 36.Step VI 53 window 50 lock 42 key 36 door.
19. (C) Step II 85 train journey 36 54 daily 28 mansion.Step III 85 train 54 jour-ney 36 daily 28 mansion.Step IV 85 train 54 man-sion journey 36 daily 28.Step V 85 train 54 man-sion 36 journey daily 28.
20. (E) Step III 63 sour 56 18 grapes healthy 32 rise.Step IV 63 sour 56 rise 18 grapes healthy 32.Step V 63 sour 56 rise 32 18 grapes healthy.Step VI 63 sour 56 rise 32 healthy 18 grapes.The last step is VI.
21. (E)
22. (B)
23. (A)
24. (B)
25. (E)
26. (B)
27. (A) 28. (D) 29. (B) 30. (E)31. (E) M’s weekly off falls on Thursday.32. (D) 33. (C) 34. (B) 35. (A)36. (C) 37. (E38. (A) 39. (D)
40. (E41. (A) The inference is definitely true because according to the given passage “The pace of deal making between phama and biotech in 2006 is increasing accelerately”.
42. (C) According to the passage Pharma companies were typi-cally the buyers but it is not necessary that Biotech companies are not capable to acquire pharm- aceutical companies. Hence data is inadequate.
43. (A) The inference is definitely true as it is clearly mentioned in the passage, ‘However compa-nies and their investors may risk value destruction if they acquire rights to a drug that suddenly poses unanticipated safety risks for patients.
44. (B)
45. (E) The inference is definitely false as it is given in the passage that competition pushes up prices.
Thursday, July 10, 2008
ORIENTAL BANK OF COMMERCE PROBATIONARY OFFICERS EXAM
(Held on 16–3–2008)
GENERAL AWARENESS
1. Jayasuriya who decided to take retirement from Test Cricket is from which of the following countries ?
(A) Pakistan
(B) India
(C) West Indies
(D) South Africa(E) Sri Lanka
2. In order to give impetus to agri-culture which of the following states has launched Contract Farming Scheme ?
(A) Jammu and Kashmir
(B) Orissa
(C) West Bengal
(D) Haryana
(E) None of these
3. Dola Banerjee who won a Gold Medal in an international games event in November 2007 is asso-ciated with :
(A) Archery
(B) Badminton
(C) Table tennis
(D) Swimming
(E) None of these
4. Who amongst the following is the highest wicket taker in the history of Test cricket in the world ?
(A) R. Hadlee
(B) Kapil Dev
(C) Anil Kumble
(D) Shane Warne
(E) Mutthiah Muralidharan
5. Late Benzair Bhutto was associa-ted with which of the following political parties ?
(A) Muslim League
(B) Pakistan National Congress
(C) Pakistan People’s Party
(D) National Forum of Pakistan
(E) None of these
6. Zhang Zilin who was adjudged as the Miss World 2007 is from which of the following coun- tries ?
(A) South Africa
(B) Russia
(C) South Korea
(D) Vietnam
(E) China
7. Which of the following is not considered as a green House Gas ?
(A) Methane
(B) Carbon dioxide
(C) Nitrous oxide
(D) Oxygen
(E) All these are not green house gases
8. Which of the following terms is not a financial term ?
(A) Investment
(B) El Nino effect
(C) Core banking Solution
(D) RTGs
(E) All are financial terms
9. Who amongst the following is the Chairperson of the 13th Finance Commission ?
(A) Dr. C. Rangarajan
(B) Dr. Bimal Jalan
(C) Dr. Rakesh Mohan
(D) Dr. Vijay Kelkar
(E) None of these
10. The Green revolution in India was the outcome of the efforts of who amongst the following ?
(A) Dr. M. S. Swaminathan
(B) Dr. C. Rangarajan
(C) Mr.K. V. Kamath
(D) Dr. Rakesh Mohan
(E) None of these
11. Which of the following is a project to develop watersheds in India ?
(A) DRDO
(B) CARE
(C) Avard
(D) NWDPRA
(E) None of these
12. Who amongst the following is the author of the book ‘The Namesake’ ?
(A) Salman Rushdie
(B) Steve Waugh
(C) Monica Ali
(D) V. S. Naipaul
(E) Jhumpa Lahiri
13. Which of the following countries launched its first Lunar Orbiter ‘Change–I’ ?
(A) India
(B) South Korea
(C) China
(D) France
(E) None of these
14. Who amongst the following is ranked No. 1 Tennis players amongst the women players ? (as per recent ranking)
(A) Maria Sharapova
(B) Ana Ivanovic
(C) Sania Mirza
(D) Justine Henin
(E) None of these
15. The Information and Broadcas-ting Ministry has selected which of the following pairs for its prestigious ‘Life Time Achieve-ment Award’ given away recen-tly ?
(A) Amitabh Bachchan and Jaya Bachchan
(B) Rajesh Khanna and Dilip Kumar
(C) Asha Bhosle and Lata Man-geshkar
(D) Lata Mangeshkar and Dilip Kumar
(E) None of these
16. Many a times we read in news-paper about the benefits of National Electronic, Funds Trans-fer (NEFT) a delivery service launched by the bank. Why banks advocate for such delivery channels ?
1. It is a system in which no physical transfer takes place hence risk is very low.
2. In this system banks are not required to transfer any money actually to the account of the customer. Only book adjustment is done. Hence actual fund is not needed.
3. This facility is available to anybody at any place. Even having a bank account is not at all necessary.
(A) Only (1) is correct
(B) Only (2) is correct
(C) Only (3) is correct
(D) Both (1) and (2) are correct
(E) All (1), (2) and (3) are correct
17. The prestigious Indira Gandhi National Award for Peace Disar-mament and Development 2006 was conferred upon whom amongst the following ?
(A) Prof. Wangari Maathai
(B) Mr. Phillips Talbot
(C) Mr. Damilo Turk
(D) Ms. Doris Lessing
(E) None of these
18. As reported in the newspapers China has asked its banks to put 12·5% money instead of earlier 12% as CRR. This correction in CRR is made for the seventh time in last one year. Why did China have to take this step again and again and so frequently ?
1. It will put a curb on lending of the money by the banks.
2. It will help Govt. of China to tame the rate of inflation.
3. It will help poor to get easy loans at cheaper rates from the banks as higher CRR brings more money for acti-vities of the social sector.
(A) Only (1) is correct
(B) Only (2) is correct
(C) All (1), (2) and (3) are correct
(D) Only (3) is correct
(E) Both (1) and (2) are correct
19. NRI Day is observed on which of the following days ?
(A) 9th February
(B) 9th January
(C) 19th February
(D) 19th March
(E) 9th March
20. Which of the following isnot a mode of foreign capital inflow to India ?
(A) FDI
(B) FII
(C) NRI Accounts
(D) No Frills Accounts
(E) All these are valid for foreign capital inflow
21. India-European Union Summit 2007 was organized in November 2007 at New Delhi. Which of the following is true about the same ?
1. A landmark MOU was signed by both the parties which envisages that EU would help India to achieve millennium Goals.
2. EU will plead India’s case of more subsidy to agro sector in WTO meets.
3. Both the parties reaffirmed their commitment to the rule based multilateral trading system.
(A) Only (1) is correct
(B) Only (2) is correct
(C) Only (3) is correct
(D) Both (1) and (3) are correct
(E) All (1), (2) and (3) are correct
22. Mr. Kevin Rudd is the new :
(A) President of Australia
(B) Prime Minister of Australia
(C) President of Argentina
(D) Prime Minister of Argentina
(E) Secretary General of UNO
23. The 53rd Commonwealth Heads of Government Meeting (CHO-GM) was organized at which of the following places in Novem-ber 2007 ?
(A) Kampala
(B) London
(C) New Delhi
(D) Perth
(E) None of these
24. As per the reports published in the news papers/magazines the overall credit (credit by banks) grew by over Rs. 1,00,000 crores in 2005-06 and 2006-07. Which of the following sectors was one single main contributor to this boom ?
(A) Housing and real estate sector
(B) Agriculture sector
(C) Business loans to doctors and account professionals
(D) Manufacturing Sector
(E) None of these
25. Many times we see banks adver-tise—“Anywhere Banking : Any-time Banking”. Which of the following products/facilities launched by banks make it possible for the customers to avail banking services 24 hours all seven days ?
1. ATM
2. Internet Banking
3. Universal Cheque book facility
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
26. Which of the following organiza-tion/agencies has asked all the banks in India to form customer service panels at branch levels ?
(A) Indian Bank’s Association
(B) Reserve Bank of India (RBI)
(C) Supreme Court of India
(D) Securities and Exchange Board of India (SEBI)
(E) None of these
27. As we all know Securities and Exchange Board of India (SEBI) has taken some corrective steps to restrict functioning of Partici-patory Notes (P-Notes) in Indian Stock Markets. Why are P-Notes considered dangerous for the financial markets of a country ?
1. This allows a foreign inves-tor to invest funds without knowing the history/finan-cial health of a company. If Company fails foreign investors lose their money. Govt. of India does not want this as this will bring a bad name to the country.
2. P-Notes allow foreign inves-tors to buy shares of blue chip companies without following know Your Custo-mer (KYC) norms. Hence money invested here may not be from a valid and legal source.
3. P-Notes are launched to arrange funds only for social schemes. Due to huge funds available with NRI for investment they are sending it in bulk. Hence cost of such investments is very high and it is not commercially viable for banks to accept such investments.
(A) Only (1) is correct
(B) Only (2) is correct
(C) Only (3) is correct
(D) Both (1) and (2) are correct
(E) None of these
28. The Banking Industry a few years back was badly in the grip of Non Performing Assets (Bad loans) for which the RBI and banks took special measures. As per the latest financial reports of the industry, what is the status of NPAs at present ?
1. There are no NPAs now as not a single loan of Rs. 5 lakhs and above is given by the bank without proper paperwork.
2. As reported of 2006-07 the NPAs have declined.
3. As the interest rates are very high banks are not providing loans to middle class and poor general borrows. Hence NPAs in private and personal bank-ing area are ‘zero’ where as in industrial credit sector NPAs are still at the level of 22 per cent.
(A) Only (1) is correct
(B) Only (2) is correct
(C) Both (1) and (2) are correct
(D) Only (3) is correct
(E) None of these
29. Which of the following car com-panies has launched a small cheaper car ‘Nano’ ?
(A) Maruti Suzuki Udhyog Ltd.
(B) Hyundai Motor India Ltd.
(C) Tata Motors Ltd.
(D) Hindustan Motors Ltd.
(E) None of these
30. The Govt. of India in general and the Banks in particular are very much after the ‘Financial Inclu-sion’ a goal which both of them wish to achieve as early as pos-sible. What is the actual meaning of ‘Financial Inclusion’ ?
1. Each and every individual above the age of 21 years should have an employ-ment and/or independent source of income enough for him/her to sustain.
2. It is a concept which envi-sages that maximum people in India should have access to banking services.
3. Banking services should be provided only to those who have a valid and legal source of income as Govt. of India wants each and every per-son in the income tax net irrespective of the level of their income.
(A) Only (1) is true
(B) Only (2) is true
(C) Only (3) is true
(D) Both (1), (2), (3) are true
(E) None of these
31. As per the reports in the major financial newspapers India has urged China to redress imba-lance in trade. What does it really mean ? It means…………
(A) India exports more items to China whereas China does not export much to India
(B) India is not able to export much to China whereas its import from China is of higher value
(C) China and India are not at all trade partners. Hence there is no transaction between the two countries
(D) As per WTO laws India is supposed to export food grains to China. But China has not placed any order for the same in 2006-07. It has also refused to accept 200 lakh tonnes of wheat exported to it by India.
(E) None of these
32. As reported in the newspapers the collection of Direct Taxes which includes IT, FBT, STT and BCTT grew by about 50% during the current fiscal year. Which of the following is the name of the tax levied on a cash withdrawal or deposit from/to a bank ?
(A) IT (B) FBT
(C) STT (D) BCTT
(E) None of these
33. As reported in some financial newspapers some banks in India (including major banks) these days are not accepting US dollar transactions from Iranian buyers. Which of the following is the major reason of banks not accep-ting such transactions from Iran ?
1. USA has put a ban on major iranian Banks hence Indian banks are also not accepting transaction from Iran as they do not get return of the same from it.
2. Iran is facing a major Reces-sion hence all Banks have stopped major transactions with Iranian banks.
3. Iran has declared itself as an Islamic country and hence its banking is also Islamic Banking. This is the reason owing to which most of the countries are not able to develop financial ties with it.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) Both (1) and (2)
(E) All (1), (2) and (3)
34. As reported in some major financial news papers many times it is said that ‘Other Income’ boosts the profit of a bank to a substantial level. What is this other income for a bank ? (Pick up the option (s) which are the part (s) of this other income)
1. Commission for selling insurance policies.
2. Fee for providing various services (like ATM/Extra cheque etc.)
3. Interest on advances and loans.
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
35. Amongst the BRIC nations the GDP of which of the following took a fast growth of 11·5% in recent past ?
(A) None (B) Brazil
(C) Russia (D) India
(E) China
36. Which of the following is the achievement/outcome of Mrs. Sonia Gandhi’s visit to China in October 2007 ?
1. A working group is estab-lished to prepare a frame-work for the settlement of boundary issue.
2. China has agreed to support India’s claim to have a permanent seat in UN Security Council.
3. China agreed to stop all exports to Pakistan till it switches over to a democra-tically elected government.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) Both (1), (2) and (3)
(E) None of these
37. As reported time and again and in the media most of the Indian Industrialists are against a regional trade pact with China. Why China is not a preferred partner in trade and business activities in India ?
1. India has already instigated maximum number of cases against China under anti dumping laws.
2. China is not a quality cons-cious country. Hence the products are not of good market value.
3. China has maximum trade agreements with those countries whose activities are not liked by India and some major countries of E.U. China is importing goods from them and redirecting it to India.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) All (1), (2) and (3)
(E) None of these
38. India has a regional trade pact SAFTA. This pact is with mem-bers of which of the following group of countries ?
(A) IBSA (B) EU
(C) OPEC (D) BRIC
(E) SAARC
39. As reported in some news-papers/magazines some banks have decided to install Biometric ATMs so that fraudulent with-drawals can be prevented. Bio-metric ATMs will be able to do so as it also checks—
1. Signatures of the card holdes.
2. Finger prints of the card holders.
3. Skin colour of the card holders.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) Both (1) and (3)
(E) All (1), (2) and (3)
40. Which of the following schemes is launched specifically for helping Senior Citizens to avail loan by mortgage of their resi-dential property ?
(A) English mortgage scheme
(B) Senior Capital Loan scheme
(C) Reverse Mortgage Loan scheme
(D) DEMAT Account Scheme
(E) None of these
41. Who amongst the following received the Nobel Prize 2007 for Medicine ?
1. Martin Evans
2. Mario Capecchi
3. Oliver Smiths
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) Both (1) and (3)
(E) All (1), (2) and (3) jointly
42. A summit of which of the follo-wing two countries took place for the first time recently which is being considered a big leap in the direction of diffusing conflict between them from last 50 years ?
(A) China–Russia
(B) Vietnam–USA
(C) China–Pakistan
(D) Russia–USA
(E) South-Korea–North Korea
43. The Gorkha Hill Council is in function in which of the follo-wing districts of West Bengal (Since October 2007) ?
(A) Midnapore
(B) Birbhum
(C) Nadia
(D) Howrah
(E) Darjeeling
44. Prime Minister of India was on a visit to Russia in November 2007. Which of the following is/are the outcome of his meeting with Russian Leaders ?
1. Both the countries signed an agreement for their joint space programme.
2. India signed a nuclear deal with Russia for construction of four new Nuclear Reac-tions in Tamil Nadu.
3. India and Russia agreed to take a joint military action to stop insurgency problem in some parts of India.
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
45. The Govt. of India has decided to take a major stake in Sakhalin IV and Sakhalin V oil fields. Both these oil fields are situated in which of the following countries ?
(A) Brazil
(B) Russia
(C) China
(D) Saudi Arabia
(E) None of these
46. The Planning commission of India has established a National Fund to improve the distribution of which of the following in the country ?
(A) Electricity
(B) Cooking gas
(C) Food grains through public distribution system
(D) Fresh currency notes
(E) None of these
47. The US economy is in a bad shape these days as a slow down is noticed in it in recent past. What will be its impact on ‘Global economy’ in general ?
1. Dollar will be depreciated.
2. Export from European mar-kets will gain strength.
3. Interest rates of short term loans in money market will shoot up sharply as demand for short term rupee loan will shoot up.
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
48. As published in the newspapes the RBI has issued certain guide-lines to be followed by the Recovery Agents appointed by the banks. In addition to this the Indian Bank Association (IBA) has to formulate a special training course for them. Why RBI and IBA has to come into picture for such an issue which is the res-ponsibility of the banks ?
1. RBI and Govt. were getting many complaints from the public about the misbeha-viour of Recovery agents.
2. Govt. of India is paying much emphasis on provi-ding banking services to the poor section of society. News about ill treatment by agents or suicides due to inability to payback loans create a negative picture. RBI do not want this to hap-pen.
3. Despite banks efforts to recover loans many people still do not wish to repay their loans intentionally. Recovery agents will help banks to get their money back by all possible means.
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
49. The imports of which of the following items from Indiahas been lesser than its Exports of the same during 2007-08 ?
(A) Oil (B) Chemicals
(C) Steel (D) Tea
(E) None of these
50. The Planning commission of India decided to fix the target growth of GDP during 11th Five year plan at 9%. What was the growth rate in 10th plan period ?
(A) 4% (B) 8%
(C) 5·5% (D) 7·6%
(E) 6·7%
Answers with Explanations :
1. (E) 2. (D) 3. (a) 4. (e) 5. (c)
6. (e) 7. (d)
8. (b) ‘El-Nino’ is the nature’s Vicious Cycle caused due to deranged weather pattern, as happed the giant El-Nino of 1997-98, killed about 2,100 people.
9. (d) 10. (a)
11. (D) ‘NWDPRA’ (National Water- shed Development Project for Rainfed Area) was launched in 1990-91 for 25 states and 2 UTs in the country for rainfed farming.
12. (e) 13. (c)
14. (d) With 6330 Points, Justine Henin is at the First Place.
15. (d) 16. (D) 17. (a) 18. (E) 19. (B)
20. (D) 21. (D) 22. (B) 23. (C) 24. (B)
25. (E) 26. (B) 27. (d) 28. (C) 29. (C)
30. (B) 31. (a) 32. (D) 33. (D) 34. (D)
35. (E) 36. (A) 37. (B) 38. (e) 39. (e)
40. (c)
41. (e) The ‘Nobel Prize, 2007’ in Medicine/or Physiology was awarded jointly to Mario R. Capecchi (USA), Sir Martin J. Evans (UK) and Oliver Smiths (USA) i.e., 1/3 of the prize to each, announced on 8th Oct., 2007 at Karolinska Institute by the Nobel Assembly.
42. (E) 43. (e) 44. (a) 45. (b) 46. (c)
47. (e) 48. (A) 49. (D) 50. (B) In 10th Plan (2002-07), ‘NDC’ (National Development Council) envisaged an average growth rate of 8%.
GENERAL AWARENESS
1. Jayasuriya who decided to take retirement from Test Cricket is from which of the following countries ?
(A) Pakistan
(B) India
(C) West Indies
(D) South Africa(E) Sri Lanka
2. In order to give impetus to agri-culture which of the following states has launched Contract Farming Scheme ?
(A) Jammu and Kashmir
(B) Orissa
(C) West Bengal
(D) Haryana
(E) None of these
3. Dola Banerjee who won a Gold Medal in an international games event in November 2007 is asso-ciated with :
(A) Archery
(B) Badminton
(C) Table tennis
(D) Swimming
(E) None of these
4. Who amongst the following is the highest wicket taker in the history of Test cricket in the world ?
(A) R. Hadlee
(B) Kapil Dev
(C) Anil Kumble
(D) Shane Warne
(E) Mutthiah Muralidharan
5. Late Benzair Bhutto was associa-ted with which of the following political parties ?
(A) Muslim League
(B) Pakistan National Congress
(C) Pakistan People’s Party
(D) National Forum of Pakistan
(E) None of these
6. Zhang Zilin who was adjudged as the Miss World 2007 is from which of the following coun- tries ?
(A) South Africa
(B) Russia
(C) South Korea
(D) Vietnam
(E) China
7. Which of the following is not considered as a green House Gas ?
(A) Methane
(B) Carbon dioxide
(C) Nitrous oxide
(D) Oxygen
(E) All these are not green house gases
8. Which of the following terms is not a financial term ?
(A) Investment
(B) El Nino effect
(C) Core banking Solution
(D) RTGs
(E) All are financial terms
9. Who amongst the following is the Chairperson of the 13th Finance Commission ?
(A) Dr. C. Rangarajan
(B) Dr. Bimal Jalan
(C) Dr. Rakesh Mohan
(D) Dr. Vijay Kelkar
(E) None of these
10. The Green revolution in India was the outcome of the efforts of who amongst the following ?
(A) Dr. M. S. Swaminathan
(B) Dr. C. Rangarajan
(C) Mr.K. V. Kamath
(D) Dr. Rakesh Mohan
(E) None of these
11. Which of the following is a project to develop watersheds in India ?
(A) DRDO
(B) CARE
(C) Avard
(D) NWDPRA
(E) None of these
12. Who amongst the following is the author of the book ‘The Namesake’ ?
(A) Salman Rushdie
(B) Steve Waugh
(C) Monica Ali
(D) V. S. Naipaul
(E) Jhumpa Lahiri
13. Which of the following countries launched its first Lunar Orbiter ‘Change–I’ ?
(A) India
(B) South Korea
(C) China
(D) France
(E) None of these
14. Who amongst the following is ranked No. 1 Tennis players amongst the women players ? (as per recent ranking)
(A) Maria Sharapova
(B) Ana Ivanovic
(C) Sania Mirza
(D) Justine Henin
(E) None of these
15. The Information and Broadcas-ting Ministry has selected which of the following pairs for its prestigious ‘Life Time Achieve-ment Award’ given away recen-tly ?
(A) Amitabh Bachchan and Jaya Bachchan
(B) Rajesh Khanna and Dilip Kumar
(C) Asha Bhosle and Lata Man-geshkar
(D) Lata Mangeshkar and Dilip Kumar
(E) None of these
16. Many a times we read in news-paper about the benefits of National Electronic, Funds Trans-fer (NEFT) a delivery service launched by the bank. Why banks advocate for such delivery channels ?
1. It is a system in which no physical transfer takes place hence risk is very low.
2. In this system banks are not required to transfer any money actually to the account of the customer. Only book adjustment is done. Hence actual fund is not needed.
3. This facility is available to anybody at any place. Even having a bank account is not at all necessary.
(A) Only (1) is correct
(B) Only (2) is correct
(C) Only (3) is correct
(D) Both (1) and (2) are correct
(E) All (1), (2) and (3) are correct
17. The prestigious Indira Gandhi National Award for Peace Disar-mament and Development 2006 was conferred upon whom amongst the following ?
(A) Prof. Wangari Maathai
(B) Mr. Phillips Talbot
(C) Mr. Damilo Turk
(D) Ms. Doris Lessing
(E) None of these
18. As reported in the newspapers China has asked its banks to put 12·5% money instead of earlier 12% as CRR. This correction in CRR is made for the seventh time in last one year. Why did China have to take this step again and again and so frequently ?
1. It will put a curb on lending of the money by the banks.
2. It will help Govt. of China to tame the rate of inflation.
3. It will help poor to get easy loans at cheaper rates from the banks as higher CRR brings more money for acti-vities of the social sector.
(A) Only (1) is correct
(B) Only (2) is correct
(C) All (1), (2) and (3) are correct
(D) Only (3) is correct
(E) Both (1) and (2) are correct
19. NRI Day is observed on which of the following days ?
(A) 9th February
(B) 9th January
(C) 19th February
(D) 19th March
(E) 9th March
20. Which of the following isnot a mode of foreign capital inflow to India ?
(A) FDI
(B) FII
(C) NRI Accounts
(D) No Frills Accounts
(E) All these are valid for foreign capital inflow
21. India-European Union Summit 2007 was organized in November 2007 at New Delhi. Which of the following is true about the same ?
1. A landmark MOU was signed by both the parties which envisages that EU would help India to achieve millennium Goals.
2. EU will plead India’s case of more subsidy to agro sector in WTO meets.
3. Both the parties reaffirmed their commitment to the rule based multilateral trading system.
(A) Only (1) is correct
(B) Only (2) is correct
(C) Only (3) is correct
(D) Both (1) and (3) are correct
(E) All (1), (2) and (3) are correct
22. Mr. Kevin Rudd is the new :
(A) President of Australia
(B) Prime Minister of Australia
(C) President of Argentina
(D) Prime Minister of Argentina
(E) Secretary General of UNO
23. The 53rd Commonwealth Heads of Government Meeting (CHO-GM) was organized at which of the following places in Novem-ber 2007 ?
(A) Kampala
(B) London
(C) New Delhi
(D) Perth
(E) None of these
24. As per the reports published in the news papers/magazines the overall credit (credit by banks) grew by over Rs. 1,00,000 crores in 2005-06 and 2006-07. Which of the following sectors was one single main contributor to this boom ?
(A) Housing and real estate sector
(B) Agriculture sector
(C) Business loans to doctors and account professionals
(D) Manufacturing Sector
(E) None of these
25. Many times we see banks adver-tise—“Anywhere Banking : Any-time Banking”. Which of the following products/facilities launched by banks make it possible for the customers to avail banking services 24 hours all seven days ?
1. ATM
2. Internet Banking
3. Universal Cheque book facility
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
26. Which of the following organiza-tion/agencies has asked all the banks in India to form customer service panels at branch levels ?
(A) Indian Bank’s Association
(B) Reserve Bank of India (RBI)
(C) Supreme Court of India
(D) Securities and Exchange Board of India (SEBI)
(E) None of these
27. As we all know Securities and Exchange Board of India (SEBI) has taken some corrective steps to restrict functioning of Partici-patory Notes (P-Notes) in Indian Stock Markets. Why are P-Notes considered dangerous for the financial markets of a country ?
1. This allows a foreign inves-tor to invest funds without knowing the history/finan-cial health of a company. If Company fails foreign investors lose their money. Govt. of India does not want this as this will bring a bad name to the country.
2. P-Notes allow foreign inves-tors to buy shares of blue chip companies without following know Your Custo-mer (KYC) norms. Hence money invested here may not be from a valid and legal source.
3. P-Notes are launched to arrange funds only for social schemes. Due to huge funds available with NRI for investment they are sending it in bulk. Hence cost of such investments is very high and it is not commercially viable for banks to accept such investments.
(A) Only (1) is correct
(B) Only (2) is correct
(C) Only (3) is correct
(D) Both (1) and (2) are correct
(E) None of these
28. The Banking Industry a few years back was badly in the grip of Non Performing Assets (Bad loans) for which the RBI and banks took special measures. As per the latest financial reports of the industry, what is the status of NPAs at present ?
1. There are no NPAs now as not a single loan of Rs. 5 lakhs and above is given by the bank without proper paperwork.
2. As reported of 2006-07 the NPAs have declined.
3. As the interest rates are very high banks are not providing loans to middle class and poor general borrows. Hence NPAs in private and personal bank-ing area are ‘zero’ where as in industrial credit sector NPAs are still at the level of 22 per cent.
(A) Only (1) is correct
(B) Only (2) is correct
(C) Both (1) and (2) are correct
(D) Only (3) is correct
(E) None of these
29. Which of the following car com-panies has launched a small cheaper car ‘Nano’ ?
(A) Maruti Suzuki Udhyog Ltd.
(B) Hyundai Motor India Ltd.
(C) Tata Motors Ltd.
(D) Hindustan Motors Ltd.
(E) None of these
30. The Govt. of India in general and the Banks in particular are very much after the ‘Financial Inclu-sion’ a goal which both of them wish to achieve as early as pos-sible. What is the actual meaning of ‘Financial Inclusion’ ?
1. Each and every individual above the age of 21 years should have an employ-ment and/or independent source of income enough for him/her to sustain.
2. It is a concept which envi-sages that maximum people in India should have access to banking services.
3. Banking services should be provided only to those who have a valid and legal source of income as Govt. of India wants each and every per-son in the income tax net irrespective of the level of their income.
(A) Only (1) is true
(B) Only (2) is true
(C) Only (3) is true
(D) Both (1), (2), (3) are true
(E) None of these
31. As per the reports in the major financial newspapers India has urged China to redress imba-lance in trade. What does it really mean ? It means…………
(A) India exports more items to China whereas China does not export much to India
(B) India is not able to export much to China whereas its import from China is of higher value
(C) China and India are not at all trade partners. Hence there is no transaction between the two countries
(D) As per WTO laws India is supposed to export food grains to China. But China has not placed any order for the same in 2006-07. It has also refused to accept 200 lakh tonnes of wheat exported to it by India.
(E) None of these
32. As reported in the newspapers the collection of Direct Taxes which includes IT, FBT, STT and BCTT grew by about 50% during the current fiscal year. Which of the following is the name of the tax levied on a cash withdrawal or deposit from/to a bank ?
(A) IT (B) FBT
(C) STT (D) BCTT
(E) None of these
33. As reported in some financial newspapers some banks in India (including major banks) these days are not accepting US dollar transactions from Iranian buyers. Which of the following is the major reason of banks not accep-ting such transactions from Iran ?
1. USA has put a ban on major iranian Banks hence Indian banks are also not accepting transaction from Iran as they do not get return of the same from it.
2. Iran is facing a major Reces-sion hence all Banks have stopped major transactions with Iranian banks.
3. Iran has declared itself as an Islamic country and hence its banking is also Islamic Banking. This is the reason owing to which most of the countries are not able to develop financial ties with it.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) Both (1) and (2)
(E) All (1), (2) and (3)
34. As reported in some major financial news papers many times it is said that ‘Other Income’ boosts the profit of a bank to a substantial level. What is this other income for a bank ? (Pick up the option (s) which are the part (s) of this other income)
1. Commission for selling insurance policies.
2. Fee for providing various services (like ATM/Extra cheque etc.)
3. Interest on advances and loans.
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
35. Amongst the BRIC nations the GDP of which of the following took a fast growth of 11·5% in recent past ?
(A) None (B) Brazil
(C) Russia (D) India
(E) China
36. Which of the following is the achievement/outcome of Mrs. Sonia Gandhi’s visit to China in October 2007 ?
1. A working group is estab-lished to prepare a frame-work for the settlement of boundary issue.
2. China has agreed to support India’s claim to have a permanent seat in UN Security Council.
3. China agreed to stop all exports to Pakistan till it switches over to a democra-tically elected government.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) Both (1), (2) and (3)
(E) None of these
37. As reported time and again and in the media most of the Indian Industrialists are against a regional trade pact with China. Why China is not a preferred partner in trade and business activities in India ?
1. India has already instigated maximum number of cases against China under anti dumping laws.
2. China is not a quality cons-cious country. Hence the products are not of good market value.
3. China has maximum trade agreements with those countries whose activities are not liked by India and some major countries of E.U. China is importing goods from them and redirecting it to India.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) All (1), (2) and (3)
(E) None of these
38. India has a regional trade pact SAFTA. This pact is with mem-bers of which of the following group of countries ?
(A) IBSA (B) EU
(C) OPEC (D) BRIC
(E) SAARC
39. As reported in some news-papers/magazines some banks have decided to install Biometric ATMs so that fraudulent with-drawals can be prevented. Bio-metric ATMs will be able to do so as it also checks—
1. Signatures of the card holdes.
2. Finger prints of the card holders.
3. Skin colour of the card holders.
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) Both (1) and (3)
(E) All (1), (2) and (3)
40. Which of the following schemes is launched specifically for helping Senior Citizens to avail loan by mortgage of their resi-dential property ?
(A) English mortgage scheme
(B) Senior Capital Loan scheme
(C) Reverse Mortgage Loan scheme
(D) DEMAT Account Scheme
(E) None of these
41. Who amongst the following received the Nobel Prize 2007 for Medicine ?
1. Martin Evans
2. Mario Capecchi
3. Oliver Smiths
(A) Only (1)
(B) Only (2)
(C) Only (3)
(D) Both (1) and (3)
(E) All (1), (2) and (3) jointly
42. A summit of which of the follo-wing two countries took place for the first time recently which is being considered a big leap in the direction of diffusing conflict between them from last 50 years ?
(A) China–Russia
(B) Vietnam–USA
(C) China–Pakistan
(D) Russia–USA
(E) South-Korea–North Korea
43. The Gorkha Hill Council is in function in which of the follo-wing districts of West Bengal (Since October 2007) ?
(A) Midnapore
(B) Birbhum
(C) Nadia
(D) Howrah
(E) Darjeeling
44. Prime Minister of India was on a visit to Russia in November 2007. Which of the following is/are the outcome of his meeting with Russian Leaders ?
1. Both the countries signed an agreement for their joint space programme.
2. India signed a nuclear deal with Russia for construction of four new Nuclear Reac-tions in Tamil Nadu.
3. India and Russia agreed to take a joint military action to stop insurgency problem in some parts of India.
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
45. The Govt. of India has decided to take a major stake in Sakhalin IV and Sakhalin V oil fields. Both these oil fields are situated in which of the following countries ?
(A) Brazil
(B) Russia
(C) China
(D) Saudi Arabia
(E) None of these
46. The Planning commission of India has established a National Fund to improve the distribution of which of the following in the country ?
(A) Electricity
(B) Cooking gas
(C) Food grains through public distribution system
(D) Fresh currency notes
(E) None of these
47. The US economy is in a bad shape these days as a slow down is noticed in it in recent past. What will be its impact on ‘Global economy’ in general ?
1. Dollar will be depreciated.
2. Export from European mar-kets will gain strength.
3. Interest rates of short term loans in money market will shoot up sharply as demand for short term rupee loan will shoot up.
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
48. As published in the newspapes the RBI has issued certain guide-lines to be followed by the Recovery Agents appointed by the banks. In addition to this the Indian Bank Association (IBA) has to formulate a special training course for them. Why RBI and IBA has to come into picture for such an issue which is the res-ponsibility of the banks ?
1. RBI and Govt. were getting many complaints from the public about the misbeha-viour of Recovery agents.
2. Govt. of India is paying much emphasis on provi-ding banking services to the poor section of society. News about ill treatment by agents or suicides due to inability to payback loans create a negative picture. RBI do not want this to hap-pen.
3. Despite banks efforts to recover loans many people still do not wish to repay their loans intentionally. Recovery agents will help banks to get their money back by all possible means.
(A) Only (1)
(B) Only (2)
(C) Both (1) and (2)
(D) Only (3)
(E) All (1), (2) and (3)
49. The imports of which of the following items from Indiahas been lesser than its Exports of the same during 2007-08 ?
(A) Oil (B) Chemicals
(C) Steel (D) Tea
(E) None of these
50. The Planning commission of India decided to fix the target growth of GDP during 11th Five year plan at 9%. What was the growth rate in 10th plan period ?
(A) 4% (B) 8%
(C) 5·5% (D) 7·6%
(E) 6·7%
Answers with Explanations :
1. (E) 2. (D) 3. (a) 4. (e) 5. (c)
6. (e) 7. (d)
8. (b) ‘El-Nino’ is the nature’s Vicious Cycle caused due to deranged weather pattern, as happed the giant El-Nino of 1997-98, killed about 2,100 people.
9. (d) 10. (a)
11. (D) ‘NWDPRA’ (National Water- shed Development Project for Rainfed Area) was launched in 1990-91 for 25 states and 2 UTs in the country for rainfed farming.
12. (e) 13. (c)
14. (d) With 6330 Points, Justine Henin is at the First Place.
15. (d) 16. (D) 17. (a) 18. (E) 19. (B)
20. (D) 21. (D) 22. (B) 23. (C) 24. (B)
25. (E) 26. (B) 27. (d) 28. (C) 29. (C)
30. (B) 31. (a) 32. (D) 33. (D) 34. (D)
35. (E) 36. (A) 37. (B) 38. (e) 39. (e)
40. (c)
41. (e) The ‘Nobel Prize, 2007’ in Medicine/or Physiology was awarded jointly to Mario R. Capecchi (USA), Sir Martin J. Evans (UK) and Oliver Smiths (USA) i.e., 1/3 of the prize to each, announced on 8th Oct., 2007 at Karolinska Institute by the Nobel Assembly.
42. (E) 43. (e) 44. (a) 45. (b) 46. (c)
47. (e) 48. (A) 49. (D) 50. (B) In 10th Plan (2002-07), ‘NDC’ (National Development Council) envisaged an average growth rate of 8%.
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