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PTs 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.Thehigherrateofgrowthofeconomycertainlyreducesthe

(1)genderinequalities (2)poverty (3)populationofacountry (4)flowofforeigndirectinvestment (5)Noneofthese. 2.Theactualreturnofaninvestorisreducedsometimesasthepricesofthecommoditiesgoupallofa sudden.Infinancialsector,thistypeofphenomenonisknownas (1)Probabilityrisk (2)Marketrisk (3)Inflationrisk (5)Creditrisk (5)Noneofthese. 3.ThemaximumamountoftheTotalRevenueearnedbytheGovt.ofIndiacomesfrom (1)IncomeTax (2)CustomsDuty (3)ExciseDuty (4)ValueAddedTax (5)CorporateTax 4.Ineconomics,itisgenerallybelievedthatthemainobjectiveofaPublicSectorFinancialCompanylike Bankisto (1)employmoreandmorepeople (2)maximizetotalprofits (3)maximizetotalproduction (4)providefinancialservicetothepeopleofthenationofitsoriginacrossthecountry (5)sellthegoodsatsubsidizedcost

PTs Current Awareness Question Bank 01.12.2011

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

Page 1

5.WhichofthefollowingisTRUEabouttheSingleEUROPaymentAreaaconcept,verymuchinnews thesedays? (1).ItisaconceptfloatedbyEuropeanUnion. (2).ItaimstocreateanintegratedmarketforpaymentservicesinEURO. (3).ItisacontracttoconvertallUSdollarpaymentsintoEURO,whichisacurrencyalmostfreefrom fluctuationsinitsvalue. (1)Only1 (2)Only2 (3)Only3 (4)Only1and2 (5)Noneofthese. 6.WhatisaRepoRate? (1)ItisarateatwhichRBIsellGovt.securitiestobanks (2)ItisarateatwhichRBIbuysGovt.securitiesfrombanks (3)ItisarateatwhichRBIallowssmallloansinthemarket (4)ItisaratewhichisofferedbyBankstotheirmostvaluedcustomersorprimecustomers (5)Noneofthese. 7.InaCompany,theuseofpricesensitivecorporateinformationbytheCompanypeopletomakegains orcoverlossesisknownas (1)Insidertrading (2)Futuretrading (3)Foreigntrading (4)Stocktrading (5)Noneofthese. 8.AsperthedirectivesissuedbythePrimeMinistersEconomicAdvisoryCouncil(EAC),thepercentage ofthecurrentaccountdeficit(ofthetotalGDP)during20082009shouldnotbemorethan (1)2.8% (2)3.0% (3)3.1% (4)3.2% (5)Noneofthese.

PTs Current Awareness Question Bank 01.12.2011

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

Page 2

9.Theagriculturalcensusisdoneatwhichofthefollowingintervals? (1)Thereisnofixedterm. (2)Everyyear (3)Onceinthreeyears. (4)Onceintenyears. (5)Onceinfiveyears. 10.WhichofthefollowingcannotbecalledasaDebtInstrument,asreferredinfinancialtransactions? (1)CertificateofDeposits (2)Bonds (3)Stocks (4)CommercialPapers (5)Loans 11.TheamountofwhichofthefollowingreflectstheoverallbudgetarypositionoftheGovt.ofIndiaat agiventime? (1)RevenueDeficit (2)TotalAmountofIncomeTaxcollected (3)CapitalDeficit (4)FiscalDeficit (5)Noneofthese. 12.The11thFiveYearPlanistermedasplanfor (1)IndiasHealth (2)EradicationofpovertyfromIndia (3)IndiasEducation (4)DevelopmentofRuralIndia (5)Noneofthese. 13.WhoamongstthefollowinggavetheconceptofPURA(ProvidingUrbanfacilitiesinRuralAreas)? (1)RajivGandhi (2)ManmohanSingh (3)A.P.J.AbdulKalam (4)SoniaGandhi (5)Noneofthese.
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PTs Current Awareness Question Bank 01.12.2011

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

14.WhichoneofthefollowingisthepercentageuptowhichFDIindefensesectorisallowed? (1)26% (2)41% (3)31% (4)49% (5)Noneofthese. 15.BharatNirmandoesnotcoverwhichofthefollowingareas? (1)Ruralemployment (2)RuralHousing (3)RuralWatersupply (4)Irrigationfacilities (5)Itcoversalltheaboveareas. 16.WhichofthefollowingcommitteeshasgivenitsrecommendationsonFinancialInclusion? (1)RakeshMohanCommittee (2)RangarajanCommittee (3)SinhaCommittee (4)KelkarCommittee (5)Noneofthese. 17.Whichofthefollowingcorrectlydescribessubprimelending? 1.Lendingtothepeoplewhocannotreturntheloans. 2.Lendingtothepeoplewhoarehighvaluecustomersofthebanks. 3.Lendingtothosewhoarenotaregularcustomerofabank. (1)Only1 (2)Only2 (3)Only3 (4)All1,2and3 (5)Noneofthese 18.Whichofthefollowingis/arethemajorconceptsvisibleintodaysbankingindustryinIndia? 1.RiskBasedManagement 2.Growingcompetition 3.ITInitiatives (1)Only1 (2)Only2 (3)Only3 (4)Both2and3 (5)All1,2and3
PTs Current Awareness Question Bank 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.

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19.WhichofthefollowingservicesprovidedbyabankinIndiaisnotliableforServiceTax,asper existinglaws? (1)SafeDepositLockers (2)MerchantBankingServices (3)Creditcards (4)Discountearnedoncertaindiscountedbills (5)Noneofthese. 20.WheneverRBIdoessomeOpenMarketOperationTransactions,actuallyitwishestoregulatewhich ofthefollowing? (1)Inflationonly (2)Liquidityineconomy (3)Borrowingpowersofthebanks (4)FlowofForeignDirectInvestments (5)Noneofthese. 21.InIndia,MinimumSupportPricesareannouncedbytheGovt.ofIndiaeveryyear.Whichofthe followingcommoditiesisnotcoveredunderthispolicy? (1)Sugar (2)Wheat (3)Cotton (4)Whitegoods (5)Allarecoveredunderthepolicy. 22.Whichofthefollowingpoliciesofacountrybringsacrucialimpactontheeconomicgrowthofthe nation? 1.Fiscalpolicy 2.Foreignpolicy 3.Socialpolicies (1)Only1 (2)Only2 (3)Only1and2 (4)Only2and3 (5)All1,2and3. 23.WhichofthefollowingfinancialproductsisnotmuchpopularinIndia,astheyarelaunchedrecently only? (1)DevelopmentBonds (2)InsurancePolicies (3)Mutualfunds (4)SovereignWealthFunds (5)AllareverypopularproductsinIndia.
PTs Current Awareness Question Bank 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.

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24.WhichofthefollowingcountrieswasgivenpermanentmembershipoftheWorldTradeOrganisation recently? (1)Ukraine (2)India (3)Pakistan (4)SriLanka (5)Noneofthese. 25.Whenthepricesofcommodities,goodsandservicesstartdecliningconsistently,thephenomenonis knownas (1)Discountyield (2)Deflation (3)Negativegrowth (4)Marketcapitalization (5)Noneofthese. 26.AsperthefiguresreleasedbyUnionAgricultureMinistryinOctober2011,whichof thefollowingsstateshasbeenranked1stinriceproductionin201011? (1)Assam (2)Punjab (3)WestBengal (4)UttarPradesh (5)AndhraPradesh 27.TheMarginalStandingFacility(MSF)RateapplicablefromOctober25,2011,is (1)8.25% (2)8.50% (3)25% (4)9.50% (5)Noneoftheabove.

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.

PTs Current Awareness Question Bank 01.12.2011

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

Page 6

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 childrens courts for the speedy trial of crime against children? (1) Gujarat (2) Haryana (3) Orissa (4) Uttarakhand (5) Delhi

PTs Current Awareness Question Bank 01.12.2011

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

Page 7

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 Indias 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

PTs Current Awareness Question Bank 01.12.2011

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

Page 8

39. Indian politician L.K Advanis 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.TheMidQuarterreviewofMonetaryPolicyofRBItookplaceonSeptember16,2011.Whichofthe followingistrueaboutthesame? A.BenchmarkRepoRatehikedby25basispoints(bps)to8.25%. B.Themodalbaserateofbanksroseto10.75%inAugust,from10.25%inJuly. C.Liquidityhasremainedindeficit,consistentwiththestanceofmonetarypolicy.

(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.

PTs Current Awareness Question Bank 01.12.2011

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

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44. What is the name of Chinas 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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PTs Current Awareness Question Bank 01.12.2011

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

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 Mens 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.

PTs Current Awareness Question Bank 01.12.2011

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

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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

PTs Current Awareness Question Bank 01.12.2011

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

Page 12

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.Planningcommissionhasfixedatargetof______ofeconomicgrowthrateforthe 12thFiveyearPlanbeginningAprilnextyear. (1)9.00percent (2)9.25percent (3)9.50percent (4)10.00percent (5)Noneoftheabove.

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.

PTs Current Awareness Question Bank 01.12.2011

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

Page 13

65. According to the latest report on world population, published by United Nations Population Division, India would overtake China as the worlds 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

PTs Current Awareness Question Bank 01.12.2011

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

Page 14

70. Serbian tennis player Novak Djokovic has NOT won the Mens 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, Chinas 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.

PTs Current Awareness Question Bank 01.12.2011

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

Page 15

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.TheCommitteeofSecretarieshasrecommendedthat51percentforeigndirect investment(FDI)beallowedinthemultibrandretailsector,providedtheinvestment isnotlessthatthan (1)$100million (2)$200million (3)$250million (4)$500million (5)Noneoftheabove.
PTs Current Awareness Question Bank 01.12.2011 This set is useful for competitive exams like CSAT / CLAT / Bank PO etc.

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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

PTs Current Awareness Question Bank 01.12.2011

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

Page 17

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.

PTs Current Awareness Question Bank 01.12.2011

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

Page 18

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 Mens 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.

PTs Current Awareness Question Bank 01.12.2011

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

Page 19

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.

PTs Current Awareness Question Bank 01.12.2011

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

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PTs General Knowledge Bank 12 (01.12.2011)


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

PTs Current Awareness Question Bank 01.12.2011

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

Page 21

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