Institute of Banking Personnel Selection (IBPS) conducts a series of written tests called Common Written Examination (CWE), for the selection of personnel for various posts in Public Sector Banks and Regional Rural Banks. Also Read - West Bengal MBBS Seats Increased to 4,000: CM Mamata Banerjee

The examination includes main heads like (i) General Awareness, (ii) English Language, (iii) Numerical Ability, (iv) Reasoning, and also (v) Computer Knowledge. Read this article to know what kind of question were asked in the General Awareness Section (Set 1) from the question paper of the year 2011. Also Read - Will Convert All State-Run Madrasas Into a General School: Assam Minister Himanta Biswa Sarma

1. Which of the following organisation/agencies is specifically set up to boost overall rural development in India? Also Read - Anything For Education: Goa Students Trek 3km Everyday to Reach Hilltop to Access Internet For Online Classes

  1. RBI
  2. SIDBI
  3. NABARD
  4. SEBI
  5. EXIM

2. Which of the following States has expressed its unhappiness over the agreement on sharing of Teesta water between India and Bangladesh? (Agreement was not signed because of the objection)

  1. Jharkhand
  2. Assam
  3. Manipur
  4. Bihar
  5. West Bengal

3. Banks in India are regulated under _________

  1. Companies Act, 1956
  2. Banking Regulation Act, 1949
  3. Reserve Bank of India Act, 1934
  4. Special powers conferred on the RBI
  5. None of these

4. Which of the following countries is a major producer of Jute?

  1. Pakistan
  2. Afghanistan
  3. South Africa
  4. Bangladesh
  5. Sri Lanka

5. Compilation of data on industrial production in India is done by which of the following agencies/organisations?

  1. National Testing Lab
  2. Reserve Bank of India
  3. Census Commission of India
  4. Planning Commission of India
  5. Central Statistics Office

6. The President of India visited which of the following countries in July 2011 and held discussions with Mr. Lee Myung-bak, the President of the country?

  1. South Korea
  2. Mongolia
  3. China
  4. North Korea
  5. Thailand

7. India is providing financial help to which of the following countries for building a large harbour there named as Kankasanthurai Harbour?

  1. Nepal
  2. Myanmar
  3. Bangladesh
  4. Sri Lanka
  5. Vietnam

8. A Savings Bank Account opened with a commercial bank with zero balance or very minimal balance is known as

  1. Savings Bank – Ordinary Account
  2. Student Savings Bank Account
  3. No Frill Account
  4. Current Account
  5. Call Deposit

9. What does the letter ‘R’ denote in the abbreviation ‘BR Act’ which controls banking activities in the country?

  1. Reformation
  2. Regulation
  3. Reporting
  4. Resolution
  5. Ranking

10. ‘Base Rate’ in banks is

  1. Rate of interest payable on demand deposits
  2. Rate of interest payable on fixed deposits
  3. Rate of interest charged by RBI on long term borrowings of Public Sector Banks
  4. Minimum lending rate decided by RBI which shall be adopted by all Public Sector Banks
  5. The minimum interest rate fixed by individual banks, below which they cannot lend funds, except cases like Government sponsored scheme

11. Banking Sector will fall under which of the following?

  1. Agricultural Sector
  2. Service Sector
  3. Manufacturing Sector
  4. Industrial Sector
  5. Small Scale Sector

12. The Government of India has recently added the following currency for allowing Indian companies to raise debts through External Commercial Borrowings.

  1. EURO
  2. Dinar
  3. Great Britain Pound
  4. Chinese Yuan
  5. Japanese Yen

13. A Savings Bank Deposit Account is one where _______

  1. The deposits are made only once in a year
  2. Amounts are deposited and are withdrawn as per requirement of the customers
  3. Periodical fixed amounts are deposited monthwise and withdrawals are allowed after a fixed period
  4. The deposits are made once in every month
  5. None of these

14. ASBA scheme is related to Purchase of _______

  1. IPO
  2. CP
  3. CD
  4. TCs
  5. None of these

15. Who among the following is the ex- officio Chairman of the Rajya Sabha at present?

  1. Mrs. Pratibha Patil
  2. Sri Mohammad Hamid Ansari
  3. Dr. Manmohan Singh
  4. Ms. Meira Kumar
  5. Sri L. K. Advani

16. Which of the following States at the instance of the Supreme Court of India, has decided to conduct electronic auction of Iron Ore stocks to be allotted to Iron and Steel producers?

  1. Gujarat
  2. Bihar
  3. Madhya Pradesh
  4. Uttar Pradesh
  5. Karnataka

17. Mobile banking requires ______

  1. account with a bank with mobile phone linked to interbank mobile payment service
  2. account with mobile post office
  3. account with bank along with mobile phone linked to international mobile payment service
  4. account with bank and mobile phone linked to interstate mobile payment service
  5. account with bank along with mobile phone linked to interdistrict mobile payment service

18. Saina Nehwal is a famous player associated with the game of ______

  1. Hockey
  2. Badminton
  3. Golf
  4. Lawn Tennis
  5. Table Tennis

19. Who among the following is the Prime Minister of Japan at present?

  1. Mr. Yoshihiko Noda
  2. Mr. Naoto Kan
  3. Mr. Abe Shinzas
  4. Mr. Yasuo Fukuda
  5. None of these

20. Central Drug Research Institute is located in which of the following cities in India?

  1. Jamshedpur
  2. New Delhi
  3. Jaipur
  4. Lucknow
  5. Dhanbad

21. Which of the following books is written by the Classic Russian author Maxim Gorky?

  1. As You Like It
  2. Lolita
  3. The Mother
  4. War and Peace
  5. Alice in Wonderland

22. Summer Olympic of 2016 will be organised is a city in ______

  1. China
  2. India
  3. Brazil
  4. Russia
  5. South Africa

23. Which of the following terms is not used in the game of Hockey?

  1. Bully
  2. Follow-on
  3. Penalty corner
  4. Centre pass
  5. Scoop

24. In a bank the following are the usual types of deposit accounts _________

  1. Savings accounts, electricity accounts and insurance premium accounts
  2. Fixed deposits, Post office savings bank accounts and current deposit accounts
  3. Current accounts, savings bank accounts and term deposit accounts
  4. Loan accounts, savings bank acco­unts and term deposit accounts
  5. Current bill accounts and term deposit accounts

25. When a bank dishonours a cheque _________

  1. it is called settlement of the cheque
  2. it is called withdrawing of the cheque
  3. it is called nullifying of the cheque
  4. it is called truncating of the cheque
  5. it is called return of the cheque unpaid

26. The latest merger of bank with State Bank of India is _________

  1. State Bank of Hyderabad
  2. State Bank of Indore
  3. State Bank of Saurashtra
  4. State Bank of Tranvacore
  5. None of these

27. Mr. Salva Kiir Mayardit has taken over as the first President of _________

  1. Republic of South Sudan
  2. Vietnam
  3. Myanmar
  4. Libya
  5. Iraq

28. The most powerful tool used by the Reserve Bank of India to control inflation is ________

  1. Raise interest rates
  2. Reduce interest rates
  3. Raise currency supply
  4. Reduce currency supply
  5. Raise interest rates and reduce currency supply

29. ‘Sub Prime Lending’ which was the root cause for global meltdown in banks during 2008 means ________

  1. Bank finance for non-productive activities
  2. Bank finance not properly disclosed in its Balance Sheet
  3. Bank finance in violation of the directives of the Central Bank
  4. Bank finance to fictitious entities
  5. Bank finance who do not qualify for the best market interest rates

30. Which of the following represents female literacy rate in India? (As per provisional figures of Census 2011)

  1. 60%
  2. 62%
  3. 65%
  4. 70%
  5. None of these

31. Crossing of cheques makes them _______

  1. Invalid document
  2. Ineligible to endorse to a person other than the payee
  3. Remain the same in all respect, it is only a practice
  4. Eligible for payment irrespective of sufficient balance in the account
  5. Ineligible to get cash across the bank counter

32. NEFT and RTGS in banking terminology speaks of _______

  1. Various deposit products
  2. Various loan products
  3. Electronic Payment Products within a bank
  4. Electronic Fund Transfer from bank to bank
  5. Cheque Truncation Process

33. The Head Quarters of the World Bank is located in _______

  1. London
  2. Paris
  3. New York
  4. Tokyo
  5. Washington, D.C.

34. Which of the following schemes is launched by the Government of India only for school children?

  1. Kutir Jyoti
  2. Kishor Jeevan
  3. Aadhaar
  4. SEWA
  5. Mid Day Meal

35. Which of the following days is observed as “World Ozone Day’?

  1. 10th August
  2. 16th October
  3. 16th September
  4. 10th December
  5. 19th January

36. Which of the following Awards is given by the Government of Madhya Pradesh for excellence music/dance etc.?

  1. Sarswati Samman
  2. Kalidas Samman
  3. Vyas Samman
  4. Shanti Swarup Bhatnagar Award
  5. Sahitya Akademi Award

37. The ownership of public sector banks rests ______

  1. Wholly with Government of India
  2. Jointly with Government of India and State Bank of India
  3. Wholly with shareholders from the public
  4. Jointly with Government of India and Reserve Bank of India
  5. Jointly with Government of India and shareholders from the public

38. Which of the Cups/Trophies is associated with the game of Cricket?

  1. Azlan Shah Cup
  2. Davis Cup
  3. Nehru Gold Cup
  4. Ranji Trophy
  5. Wimbledon Trophy

39. Which of the following is the currency of South Korea?

  1. Yen
  2. Kyat
  3. Won
  4. Rupee
  5. Ringit

40. Who among the following is the Railway Minister of India present?

  1. Sri Sharad Pawar
  2. Sri Virbhadra Singh
  3. Smt. Ambika Soni
  4. Sri Dinesh Trivedi
  5. None of these

41. Who among the following was a famous Scientist and is known as the ‘Father of India’s Nuclear Programme?

  1. Dr. Homi J. Bhabha
  2. Dr. Satyendra Nath Bose
  3. Dr. Vikram Sarabhai
  4. Dr. Satish Dhawan
  5. Dr. C.V. Raman

42. Which of the following Awards was given to Dr. M. S. Ahluwalia in 2011 by the Government of India?

  1. Padma Vibhushan
  2. Padma Shree
  3. Bharat Ratna
  4. Man of the Year
  5. Man of the Decade

43. Which of the following aware was given to Dr. Harish Hande and Ms. Nileema Mishra recently?

  1. Ramon Magsaysay
  2. Booker Prize
  3. Golden Pen Award
  4. Mercy Ravi Award
  5. Sangeet Natak Akademi Award

44. Which of the following pacts/agreements will allow Afghanistan to sell its goods in India without paying any tax?

  1. SAFTA
  2. Free Market Agreement
  3. Most Favoured Nation Pact
  4. Agreement of Direct Foreign Investment
  5. Agreement of Help Least Developed Countries

45. Non-performing assets mean _______

  1. the assets have stopped giving losses to a bank
  2. the assets have stopped giving capital to a bank
  3. the assets have stopped giving income to a bank
  4. the assets have stopped giving income and expenses to a bank
  5. the assets have stopped giving expenses to a bank

46. Which of the following banks in India has maximum number of branches and ATMs in India?

  1. IDBI Bank
  2. Bank of India
  3. Punjab National Bank
  4. ICICI Bank
  5. State Bank of India

47. EFT means ________

  1. Effective Funds Transfer
  2. Efficient Funds Transfer
  3. Easy Funds Transfer
  4. Electronic Funds Transfer
  5. Electric Funds Transfer

48. UNESCO is an organisation working in the field of _______

  1. Social welfare
  2. Protecting interest of prisoners of war
  3. Framing international laws
  4. International collaboration through education, culture and science.
  5. Protecting children’s right

49. If a cheque is post dated _______

  1. bank on whom it is drawn will not honour the cheque before the date of the cheque
  2. bank on whom it is drawn has to honour the cheque before the date of the cheque
  3. bank on whom it is drawn has the option to honour the cheque before the date of the cheque or not
  4. bank on whom it is drawn has to refer to RBI to honour the cheque before the date of the cheque
  5. bank on whom it is drawn has to refer to the court to honour the cheque before the date of the cheque

50. Which of the following countries is a Member of G-8?

  1. Iran
  2. Turkey
  3. France
  4. Brazil
  5. China

Image Courtesy: Photos.com