State Bank of India Clerk Exam General Awarness - Solved Paper 1

1. Which of the following Departments of the Govt. of India is helping banks in disburse-ment of rural credit by the banks ?
(A) Railways
(B) State Road Transports
(C) Post and Telegraph
(D) Ministry of Health
(E) None of these

2. Which of the following organization/agencies has established a fund known as ‘Investor protection fund’ ?
(A) SEBI
(B) NABARD
(C) Bombay Stock Exchange
(D) AMFI
(E) None of these

3. Who amongst the following is the Head of the RBI at present ?
(A) Mr. K.V. Kamath
(B) Dr. Y.V. Reddey
(C) Mr. N.R. Narayanamurthy
(D) Mr. O.P. Bhatt
(E) None of these

4. Majority of Rural people still prefer to go to which of the following for their credit needs ?
(A) Money Lenders
(B) Foreign Banks
(C) NABARD
(D) RBI
(E) All of these

5. India has different categories of Commercial Banks. Which of the following is NOT one such category ?
(A) Private Banks
(B) Commodity Banks
(C) Nationalized Banks
(D) Co-operative Banks
(E) Foreign Banks

6. Which of the following types of Banks are allowed to operate foreign currency accounts ?
(1) Foreign Banks
(2) Regional Rural Banks
(3) Nationalized Banks
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these

7. Which of the following countries does not play International cricket ?
(A) Russia
(B) England
(C) South Africa
(D) Pakistan
(E) India

8. The money which Govt. of India spends on the development of infrastructure in country comes from which of the following sources ? [Pick up the correct statement (s)]
(1) Loan from World Bank/ADB etc.
(2 Taxes collected from the people.
(3) Loan from the RBI.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) All 1, 2 and 3

9. The Securities and Exchange Board of India (SEBI) recently imposed a restriction on money flow in equity through ‘P-Notes’. What is the full form of ‘P-Notes’ ?
(A) Permanent Notes
(B) Purchase-Notes
(C) Participatory-Notes
(D) Private Notes
(E) None of these

10. Who amongst the following was the Captain of the Indian Cricket Team who won the Twenty-20 World Cup–2007 ?
(A) Yuvraj Singh
(B) M.S. Dhoni
(C) Rahul Dravid
(D) Saurav Ganguly
(E) None of these


Answers:

1. (E) 2. (C)

3. (B) Yaga Venugopal Reddy is the current Governor of the Reserve Bank of India (RBI). Reddy is an Indian Administrative Service (IAS) officer of the 1964 batch. Prior to joining the IAS, he worked as a Lecturer from 1961. He holds a Ph.D from Osmania University, Hyderabad and was a visiting faculty at the Osmania University and the London School of Economics. He has held post of Banking Secretary. In 1996, he was appointed Deputy Governor of RBI. He has also worked with the Inter National Monetary Fund, the highest position being Executive Director in 2002.

4. (A) 5. (B) 6. (C) 7. (A) 8. (E) 9. (C)

10. (B) Mahendra Singh Dhoni is a Kumaoni Rajput born in (Almora) Uttarakhand. M.S. Dhoni is an Indian Cricketer and the Current Captain of Indian Twenty-20 and ODI team. Under his captaincy, India won the 2007 ICC world Twenty-20.