Quiz 406: GK for Bank PO Special Quiz

1.Now a days, we read about a new word in business called Crowdsourcing. Which among the following fits well as a definition of Crowdsourcing?
(A)Crowdsourcing is to employ more and more people on low wages and get the work done in smaller units / parts
(B)Crowdsourcing is to invite more and more people to join an organisation’s particular project and leave the project after it gets completed
(C)Crowdsourcing is to invite open public to develop a new technology or to carry out a design task or to create some sort of strategy
(D)Crowdsourcing is allowing the organization to reach to the public and ask them how is a new technology or a project of a company
(E)None of the above

2.Recently a businessman Hugh Grant was in news. Which among the following is the main business of the company run by Hugh Grant?
(D)Food & Beverage

3.We have read in the newspapers that Lalu Prasad Yadav, is credited to almost single handedly turn around the Indian Railways. But, in the UPA-II regime, his successor, Mamta Banerjee placed a white paper in the parliament which said that Lalu’s performance was “below par”. The new minister asserted that Lalu’s claim of the cash surplus of Rs. 88,669 Crore during the 2004-09 is inaccurate figure and the accurate figure was Rs. 39,500 Crore. Which among the following component introduced by Lalu Prasad Yadav in Railways Balance sheets actually caused this
(B)Cash and Bank Balances
(C)Operating Profit
(D)Shareholders funds
(E)Reserves & Surplus

4.In the first half of 2010, the Union Cabinet had given nod to the National Policy on Biofuels which has called for blending at least 20% biofules in diesel and petrol by 2017. In this context, please read the following carefully:
1. The plantations have been encouraged in government and community wasteland, degraded or fallow land in forest and non forest areas.
2. Corporates have been encouraged to take up contract farming through Minimum Support Price (MSP) mechanism
3. The plantations and entire processing infrastructure is to be financed under the priority sector by banks and financial institutions
Which among the above provisions of the National Policy on Biofuels will directly benefit the farmers?
(A)1 & 3
(B)1 & 2

5.Consider the following tagline:
“My Ixus. My style”
The product promoted by the above tagline is ________ ?
(A)A Mobile Phone
(B)A Digital Camera
(C)An E-reader
(D)A Music Gadget
(E)None of the above

6.Consider the following in suggestions in context with the goal / emphasis of the government to achieve 100% Financial Inclusion:
1. The Public Sector Banks should be consolidated
2. New Licenses should be provided to the private players
3. Govt. should give more support to cooperative banks.
Which among the above suggestions is / are most suitable (and involve less controversy) towards achieving the goal of 100% Financial Inclusion?
(A)1 only
(B)2 only
(C)1 & 2 only
(D)1 & 3 only
(E)3 only

7.Last few years have seen a significant increase in Bihar’s growth. Consider the following in this context:
1. Better Governance
2. Reorganization of Bihar since 2000
3. A stable and favorable Climatic condition
The improved performance of Bihar in recent years can be ascribed to which among the above?
(A)1 only
(B)1 & 2 only
(C)2 & 3 only
(D)2 only
(E)3 only

8.eTREASURY® is a product of which of the following companies?
(C)Mahindra Satyam
(E)None of them

9.Specific Absorption Rate (SAR) levels is the measure of the energy is absorbed by the body when exposed to a radio frequency (RF) electromagnetic field. Recently, the SAR level has been a subject of interest and study in context with the human health. In June 2010, San Francisco became the first city in the world to make a law to show health warning labels with SAR levels on the devices. Which among the following is the most important device in the question?
(A)Mobile Phones
(B)Microwave Ovens
(C)Chordless Phones
(E)None of them

10.Which among the following is the correct base date for BSE BANKEX ?
(A)1 January 2001
(B)1 January 2002
(C)1 January 2003
(D)1 January 2004
(E)1 January 2005

11.What is the number of digits in the MICR Magnetic Ink Character Recognition code mentioned on the white strip at the bottom of the cheque just after the cheque number?

12.IFSC is an alphanumeric code designed to uniquely identify the bank branches in India. This is an 11-digit code with the first four characters representing the bank’s code, the next character reserved as control character (currently, 0 appears in the fifth position) and remaining six characters to identify the branch. RBI has advised all banks to print IFSC on cheque leaves issued to customers. What is the full form for IFSC Code?
(A)Indian Financial System Code
(B)Indian Financial Security Code
(C)International Financial System Code
(D)International Financial Security Code
(E)None of them

13.The present Chairman of the Basel Committee is Nout Wellink. He is also the president of _______?
(A)Netherlands Bank
(B)Bank of Portugal
(C)National Bank of Slovakia
(D)Central bank of the Federal Republic of Germany
(E)None of them

14.In which year Mission Olympics in Army programme was launched?

15.Recently we read in the newspapers that The Department of Science & Technology (DST), Government of India is offering guaranteed funds worth Rs 5 crore for the ‘Power of Ideas’ initiative which is being launched on June 22, 2010. Which of the following newspapers of India pioneered
the “Power of Ideas” in 2009?
(A)Economic Times
(B)Business standard
(C)Hindustan Times
(D)The Hindu Business Line
(E)None of them

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  • mohd ishrat khan

    sir g i think u r going beyond the normal syllabus of bank po……….plz reduce the difficulty level and make your hardwork more beneficial……

  • Admin

    Thank you dear, I keep all kinds of questions. however, this is not exam, and when you read the most difficult questions in this blog, you lose nothing but gain something. I hope you agree with me…

  • Chaudhary

    excellent work guru ji

  • Anonymous

    the best part is even reading some questions we get to know much more aspects of the same thing..this is the most beneficial question setting pattern i have ever seen…brilliant work..carry on

  • Admin

    let me give you an insight, how I frame the questions. This is one example. Kindly refer to question 6. (Consider the following in suggestions in context with the goal / emphasis of the government to achieve 100% Financial Inclusion). Now before I framed this question, i read the whole post and all the 35 comments and framed the question with essence of the whole discussion. please have a look on this link. I am a Voracious reader and the questions are results of this habit of mine.

  • Bank PO Exam

    guru ji keep it up pl post more bank PO questions

  • Anonymous

    i appreciate your valuable time and assiduous efforts but i think in bank they never asked about any company's product name and company punch line other than banking sector.

    thanking you
    [email protected]

  • Anonymous

    thanks a lot for your great efforts. good collection————-keep doing.

  • saravanan

    thank u admin or your valuable service………

  • Chandra Mohan Meena

    i also like this quiz, every question is important in exam context. so please keep this exercise continue, definitely students will get benefit for this.

  • Anonymous

    Thanks a lot for this work.
    I am preparing for competitive exams, i dont have any group to study with me. But due to this website, I feel like I found a master, a guidance and support.
    Thanks again


  • Anonymous

    THNX A TON SIR……….g

  • Anil sahu

    Thanks a lot for valuable information provided. We appreciate your hard work.

  • aneesh

    its quite informative……thnkz …..

  • Anonymous

    Lovely work! Hope it helps me somewhere or other.

  • Anonymous

    great job….sir!!!!

  • siddardha

    excellent sir.. please carryon……..

  • Anonymous

    THANKU SOO MUCH..its really worth questions…by reading a question i have known much about it…thanks for ur precious gift to all readers..

  • Anonymous

    i thank full to you….

  • Anonymous

    the information is really valuable. great job!

  • Devendra(DEBU)

    Thanx for valuable information .
    great work sir ji.
    carry on