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Bank of Baroda probationary officers Exam 2011

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Bank of Baroda probationary officers Exam March 3, 2011
General Socio-Economic & Banking Awareness
(Based on memory)

1. Trade Ministers of Key WTO member countries including India held a meeting at Davos in Switzerland on January 29, 2011.
Which one of the following was the purpose of this meeting?
(D) Negotiations for a global trade deal

2. Which one of the following advices has/have been given by leading Economists to Finance Minister during their pre-budget meeting with him?
1. To take measures to boost farm productivity only.
2. To improve supply of agricultural products only.
3. To reduce the fiscal deficit only.
(D) All 1, 2 and 3

3. as per recent newspaper reports, which one of the following countries has signed highest number of deals to get global project finance?
(E) India

4. Which of the following terms is used in Banking Field?
(A) Interest Rate Swap

5. To which of the following States has the Asian Development Bank given a loan of $ 90 m for development of Power projects?
(E) Assam

6. On which one of the following issues can SEBI penalize any company in India?
1. Violation of Banking Regulation Act.
2. Violation of foreign portfolio investment guidelines.
3. For violation of Negotiable Instrument Act.
(E) Only 2

7. In the opinion of the Governor of Reserve Bank of India, which one of the following is the reason owing to which India’s inflation is accelerating?
(A) Excess liquidity in market

8. In opinion of the RBI, which one of the following is/are a threat to the smooth functioning of Indian Companies?
1. Rising input costs.
2. High interest rates.
3. Inflation only.
(E) All 1, 2 and 3

9. For which one of the following reasons Government of India has decided to waive off upfront payment of Rs. 1,400 to be made by each customer located in rural areas to get LPG connection?
1. To help villagers to use LPG in place of firewood/kerosene.
2. To help villagers to save kerosene for agricultural activities.
3. To lure villagers to use LPG which is of substandard quality and not fit for industrial use?
(A) Only 1

10. Expand the term ALM as used in Banking/Finance sector?
(C) Asset Liability Management

11. Who amongst the following is the author of the book ‘Half a Life’?
(E) V. S. Naipaul

12. In which one of the following states, village level marketing platform has been set up for the first time in the country?
(C) Gujarat

13. The RBI has asked banks to spell out their policy, procedures and size of the business on which of the following aspects of banking?
(D) Wealth management

14. Which of the following organizations has given a US $ 1•72 billion loan to India to build roads in rural areas?
(D) World Bank

15. Which one of the following advices has been given by Finance Minister Pranab Mukherjee to Chartered Accounts?
(A) They must highlight the credit risks
(B) They must highlight the operational risks
(C) They must bring to the notice of Government tax evasions
(D) They must be vigilant against ‘window dressing’ of companies
(1) None of these

16. Who amongst the following has asked banks to adopt ‘six step’ approach to prevent diversion of funds by the companies?
(C) RBI

17. Which one of the following countries has been invited to join BRIC?
(C) South Africa

18. Who is Nicolas Sarkozy?
(B) French President

19. Through which one of the following sources domestic funds are raised by Companies?
1. IPO only
2. FPO only
3. Commercial papers.
(D) Only 1

20. Which one of the following was the reason owing to which Govt. wants Reserve Bank of India to tighten prudential norms for NBFCs?
(D) It is to protect NBFCs from any impact of possible economic slowdown

21. According to World Economic Forum, which one of the following risks is the greatest risk faced by the world in the year 2011?
(D) Sovereign Default Risk

22. Which one of the following decisions has been taken by Govt. in respect of MGNREGA?
(A) The wages should be revised by the State Governments

23. What are teaser loan rates charged by banks?
(C) Rate of interest in the initial period is less and goes up subsequently

24. On which one of the following subjects Pranab Sen Committee has submitted its recommendations to the Govt. of India?
(1) MGNREGA
(2) Food Security
(3) Inflation
(4) Food processing industries
(A) None of these

25. Expand the term CCEA as used in administrative circles—
(B) Cabinet Committee on Economic Affairs

26. With which one of the following games, Baichung Bhutia is associated?
(D) Football

27. What the full form of the term LIBOR as used in financial banking sectors?
(D) London Inter Bank Offered Rate

28. In which one of the following States, Patratu Thermal Power Plant is proposed to be set up?
(C) Jharkhand

29. On the basis of which of the following reasons, IMF has projected India’s GDP growth at 8•8 per cent in 2010-11?
1. Strong industrial growth.
2. Strong farm sector growth.
3. High domestics consumption demand.
(C) Only 3

30. Who amongst the following is the ICC Cricketer of the year?
(A) Sachin Tendulkar

31. Who is Montek Singh Ahluwalia?
(B) Dy. Chairman, Planning Commission

32. Who amongst the following is the Prime Minister of Australia at present?
(A) Julia Gillard

33. Expand the term FSDC which is used in financial sectors?
(B) Financial Stability and Development Council

34. According to US Department of Agriculture, which one of the following countries in the world is the largest producer of dairy products?
(E) India

35. With which one of the following games is ‘Tiger Woods’ associated?
(A) Golf

36. Which one of the following is largest producer of power in India?
(C) National Hydro Power

37. For which one of the following States, centre has appointed interlocutors?
(B) J & K

38. Expand the term GSLV—
(A) Geosynchronous Satellite Launch Vehicle

39. For which one of the following reasons Basel II norms are to be followed by Commercial Banks?
(A) Risk management

40. With which one of the following sports, the name of Parupalli Kashyap is associated?
(C) Badminton

41. Which of the following terms is used in cricket?
(D) LBW

42. With which one of the following activities, Golden Globe Awards are associated?
(D) Films

43. ‘Goodbye Shahzadi’ is a book written by—
(A) Shyam Bhatia

44. Malayalam writer Akkithom Achyuthan Nambhodiri will be the recipient of which of the following awards?
(A) Moortidevi award

45. With which one of the following sports, Narain Karthikeyen is connected?
(A) F–1

46. In which one of the following States, Sabari mala temple is located?
(C) Kerala

47. Which one of the following will set up core banking infrastructure for rural banks?
(B) NABARD

48. Who is Robert Zoelick?
(B) World Bank President

49. Justice K. G. Balakrishnan is holding the post of—
(B) Chairman, National Human Rights Commission

50. Mehbooba Mufti belongs to which one of the following political parties?
(B) PDP

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