Quiz 53 : Economic & General Current Awareness for Banking Exams

1. A syndicated loan is a loan that is _____?
[A]Secured by Mortgages
[B]Unsecured
[C]Provided by Group of Banks
[D]Provided to a Group of Customers


2. Which among the following organizations calculates and publishes LIBOR (London Interbank Offered Rate)?
[A]Bank of England
[B]Thomson Reuters
[C]European Banking Federation
[D]European Central Bank


3. In the current ranking by FIDE, Vishvanathan Anand is on which among the following slots?
[A]1st
[B]2nd
[C]3rd
[D]4th


Explanation
4. On which among the following dates, Army Day is observed?
[A]January 15
[B]February 15
[C]March 15
[D]April 15


5. As per the recent official data, which among the following states of India has accounted for highest wage rate growth during 2007-10?
[A]Bihar
[B]Odisha
[C]Andhra Pradesh
[D]Karnataka


6. Consider the following statements about the Centrally Sponsored Schemes:
1. They are largely funded by central Government
2. They are implemented by the State Governments
3. MGNREGA is a Centrally Sponsored Scheme
Which among the above statements is/ are correct?
[A]Only 1
[B]1 & 2
[C]2 & 3
[D]1, 2 & 3


7. What has been the annual growth rate of Indian Population between 2001 and 2011?
[A]1.26%
[B]1.39%
[C]1.64%
[D]1.97%


8. Concerned over transmission and distribution losses of over Rs 40,000 crore a year, Recently, Government constituted a panel to assess the financial position of distribution companies and state electricity boards, and project losses between 2010 and 2017. Who among the following heads this panel?
[A]Sushil Shinde
[B]N C Saxena
[C]V K Shunglu
[D]Bhure Lal


9. Who among the following is the chairman of Parliament’s Standing Committee on Law and Justice, the one that is considering the Lok Pal bill(s)?
[A]Jayanti Natrajan
[B]Sharad Pawar
[C]Abhishek Manu Singhvi
[D]Kapil Sibal


10. Rohit Nandan has been appointed as Chairman and Managing Director (CMD) of which among the following organizations for a three-year term recently?
[A]NTPC
[B]IOC
[C]Air India
[D]SAIL


11. Recently, India has developed 22 varieties of which among the following crops which are resistant to the deadly Ug99 fungal disease?
[A]Rice
[B]Wheat
[C]Maize
[D]Gram


12. Recently, the government has imposed anti-dumping duty of up to Rs 20 ($0.423) per kg on imports of carbon black to protect the domestic Industry. In which Industry, the Carbon Black is used generally in India?
[A]Steel Industry
[B]Leather Industry
[C]Rubber Industry
[D]Cement Industry


13. On which date is observed the National Panchayati Raj Day?
[A]January 28
[B]February 26
[C]March 11
[D]April 24


14. Approximately what fraction of the 700 tonnes of Gold that India annually imports (2010-11) is contributed by Banks?
[A]50%
[B]60%
[C]70%
[D]80%


15. Kakrapar Atomic Power Station (KAPS-1) is located in which among the following states?
[A]Maharastra
[B]Gujarat
[C]Goa
[D]Karnataka