Quiz 365: General Socio Economic Awareness for Banking Examinations and Other Government Services Examinations

1.The President of India appoints the Chairman and Members of the National Human Rights Commission on whose recommendations?
(A)Prime Minister of India
(B)Speaker of Lok Sabha
(C)Home Minister
(D)Deputy Chairman of Rajya Sabha
(E)All of the Above

2.In which year India ratified International Covenant on Economic, Social and Cultural Rights ?

3.In which of the following cities is located the technology center of Unique Identification Authority of India?

4.The Council of Scientific and Industrial Research (CSIR) links 37 constituent laboratories with diverse research portfolios as varied as drug discovery to oceanography. Recently we read in the newspapers that CSIR’s latest imitative is launching of an Open Source Drug Discovery (OSDD) Programme. What is the main purpose of Open Source Drug Discovery (OSDD) Programme?
(A)To make India a hub of drug research and development
(B)To bring the scientists of the world under one roof
(C)To bring down the costs of the new drugs and make them affordable to all
(D)To make India self reliant in Drug production
(E)All of above

5.On the recommendation of which of the following committees the National Bank for Agriculture and Rural Development (NABARD) has been releasing money of the Centers share of recapitalization assistance to the primary agriculture credit societies (PACS) in various states to introduce
cooperative reforms ?
(A)N R Narayanmurthy Committee
(B)Prof A. Vaidyanathan Committee
(C)K Madhav Das Committee
(D)R Gandhi Committee
(E)None of them

6.Express Remit is the brand name of a remittance facility by which of the following banks?
(A)State Bank of India
(B)Punjab National Bank
(C)Bank of Baroda
(E)HDFC Bank

7.Which among the following is the most important source region of NRI remittances to India ?
(A)North America
(C)Middle East
(D)Asia Pacific
(E)South America

8.As per the guidelines issued by Department of Industrial Policy and Promotion (DIPP) in February 2009, any company with more than what fraction of foreign equity should be considered as a foreign company?

9.To achieve 100% financial Inclusion in India, Reserve Bank of India had had issued a circular in July 2009 permitting cash withdrawals of up to Rs 1,000 per day from PoS (Point of sale) terminals at merchant establishments. Recently which of the following bank has become first Bank of India to offer this facility?
(A)State Bank of India
(B)Punjab National Bank
(C)Bank of India
(D)Union Bank of India
(E)UCO Bank

10.Which among the following sector of Indian Economy is maximum dependent on economic developments in advanced nations?
(A)Manufacturing Sector
(B)Agricultural Sector
(C)Mining Sector
(D)Textile Sector
(E)Services Sector

11.Many a times we read in the newspapers that Government of India is promoting private investment in the country through PPP mode that is Public private partnership. What is the target of the private sector investment in the country by 2012 ?
(A)$ 150 Billion
(B)$ 200 Billion
(C)$ 300 Billion
(D)$ 400 Billion
(E)None of them

12.Which among the following country has been consistently on the top slot for last four years and this year too in the latest version of World Bank’s annual report “Doing Business 2010”?
(B)New Zea Land
(E)South Korea

13.What is Doing Business 2010 rank of India?

14.As per the World Bank Report, which among the following in India is comparatively easy for outsiders planning to do business here?
(A)Dealing with Construction Permits
(B)Registering Property
(C)Getting Credit
(D)Enforcing Contracts
(E)Employing Workers

15.Which among the following cities ranks first in ease of doing business in India?

16.For the first time in India, in which of the following Budgets “basic reforms in the international financial and trading system ” was stressed in India?

17.The recently presented Economic Survey says ” India’s unpardonably large bureaucratic costs are like a valuable resource buried under the ground, waiting to be excavated and used” . The unpardonably large bureaucratic costs refer here to which of the following?
(A)Cost incurred in recruitment and training of bureaucrats
(B)Costs incurred in getting a project cleared in government offices as bribes
(C)Hidden Costs due to unwanted delay in projects approval
(D)Low efficiency of the bureaucracy of the country due to political instability
(E)All of the above

18.Bring out the incorrect statement regarding India’s textile sector:
(A)India’s textile and clothing sector currently employs 35 million people
(B)After agriculture it is second largest provider of employment
(C)Textile sector has a tendency to shrink as the GDP and Economy grows
(D)Textile sector is a major absorber of low-skilled labor
(E)All of above are correct statements

19.Year 2009-10 was a time of inflationary concerns for our country witnessing unusual double digit inflation. In the history of Independent India, which among the following decades had shown 3 consecutive years of double-digit, food price inflation?

20.Who among the following is the chairman of the Technology Advisory Group which has the mandate to fix the framework for large and transformational IT projects of the government?
(A)Kaushik Basu
(B)C Rangrajan
(C)Nandan Nilkeni
(D)Ashowk Chawla
(E)None of them

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  • Anonymous

    plz write here discriptive questions too , which may asked in banking examinatios.


  • prithvi

    awsome work dude

  • Anonymous

    thanks to fullfil my need please make this effort regular bcz i realy need it

  • Anonymous

    kindly arrange questions in the pattern of bank PO exams nevertheless the job done is awesome.

  • Anonymous

    Some of the Descriptive Questions asked in Bank PO examinations:
    1. If generation of electricity is increased by 30% what are the consequences.
    2. Responsibility of media on public opinion.
    3. Banks are manufacturers of money.
    4. Features of economic recession.
    5. Risk of trading.
    6. Impact of interest rates.
    7. Good banks seek to reconcile liquidity and profitability.
    8. Trading at the stock market is a game one must master.
    9. Multiple credit creation by commercial banks give its advantages.
    10. Are people willing to borrow money. EMI schemes offered by banks.
    11. Air pollution, Population control.
    12. Primary schools in rural areas.
    13. Per capita income increase by 20 times outcome.
    14. How do the recent developments affect the
    Indian economic conditions?
    15. Suggest any 3 ways to eradicate child labour in India. How effective your think will these suggestions be?
    16. What do you think may be the reason that we still cannot provide safe drinking water to all parts of the country even after 60 years of Independence?
    17. Role of public and private sector banks in Social and economical developments in India.
    Right to Information act hasn’t been utilized well. Do you agree?

  • Anonymous


  • vishal

    pleas give me more socio economic quizes for institue of rural management entrence exam…..i will be highly gratefull to you…thank you….vishal

  • nick..

    good goin

  • Anonymous

    Awesome work done!Thanks for being such a help..god bless!!
    12 Mar'11