Union Bank of India solved paper-General Awareness are given below, Persons who are preparing for PO exam in Union Bank of India can make use of this general awareness solved paper and prepare for fore coming Union Bank of India Exams.
SECTION:
General Awareness Solved Question paper of Union Bank of India held on 7th October 2008.
GENERAL AWARENESS:
1. As reported in various newspapers many banks have revised their interest rates on home loans, car loans and other such loans. Which of the following phenomenon prompted these banks to make such an upward revision in their interest rates ?
- RBI has revised the CRR and other such rates upwardly, which has created a liquidity crunch in the market.
- Stock markets in the country are showing very high fluctuations as visible through their indexes. As a result banks have lost a huge amount of money in trading. Banks now want to recover that money by increasing their interest rates.
- Banks are in need of a huge amount of money, as they have to give revised pay to all its employees.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
2. Who amongst the following was the chairman of the sixth pay commission for Central Govt. Employees, which submitted its report to the Govt., a few months back ?
(A) Justice K. G. Balakrishnan
(B) Justice B. N. Srikrishna
(C) Justice A. M. Ahmadi
(D) Justice R. C. Lahoti
(E) None of these
3. As reported in some newspapers/magazines the Govt. of India is planning to create a database of ‘Traditional Indian Drugs’. Which of the following is the main objective of creating such database ?
- To prevent wrong patenting of drugs by other nations.
- To create awareness that India has vast resource of natural drugs/medicinal plants.
- Govt. of India is planning to set up a plant, which will produce drugs from herbs and medicinal plants only.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
4. As reported in various newspapers/magazines, India has doubled its credit to Africa for five years from next fiscal year. This decision was taken in which of the following forums ?
(A) Meeting of the G-8 nations
(B) Meeting of the World Trade Organization 2008
(C) India-Africa Forum Summit-2008
(D) Meeting of the Foreign Ministers of the SAARC
(E) None of these
5. As reported in various newspapers India exports a good amount of wheat and other commodities to Afghanistan. But the transaction of the same is very troublesome, as one country does not allow such consignments to pass through its territories. Which is this country ?
(A) China
(B) Nepal
(C) Myanmar
(D) Pakistan
(E) Bangladesh
6. As per the reports published in the newspapers about 36 countries are in the grip of food crisis and are dependent on other nations for the same. Most of these countries are in which of the following parts of the globe ?
(A) Africa
(B) Asia
(C) Europe
(D) South East Asia
(E) None of these
7. Which of the following statement(s) is/are true about the National Rural Employment Guarantee Act (NREGA) 2008, which is now extended to all the districts of India ?
- NREGA was initiated by the Govt. of India in the year 1998 under its Bharat Nirman programme.
- The programme was launched only in two districts of each state of the country in the beginning.
- NREGA now provides a guaranteed 130 days of employment to each individual who wants to have a job under the scheme.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
8. The constitution of India mandates that the elections of the Panchayat Raj should be held regularly after a gap of ………
(A) 2 years
(B) 3 years
(C) 4 years
(D) 5 years
(E) 7 years
9. As per the reports published in various newspapers the Govt. of India has decided to set up a strategic reserve of the foodgrain in India. How much will be the quantity of grain in this Strategic Reserve ?
(A) 1 million tonne
(B) 2 million tonnes
(C) 4 million tonnes
(D) 5 million tonnes
(E) None of these
10. The Govt. of India is planning to set up a “Farmers Debt Relief Fund” with an initial corpus of Rs. ………
(A) 5000 crore
(B) 10,000 crore
(C) 30,000 crore
(D) 60,000 crore
(E) 75,000 crore
11. As per the reports published in the newspapers the External Debt of India has increased substantially in the recent past. Which of the following is/are the major reasons for the same ?
- Increase in overseas borrowings by the corporates.
- Fluctuations in the currency rates.
- Rise in inflation in India.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
12. Which of the following statement(s) is/are True about the Grameen Pushti Yojana of the Govt. of India ?
- Scheme is aimed to provide nutritional food to children, pregnant women and lactating mothers.
- Scheme will be implemented in the state of Chhattisgarh only.
- The finance for the scheme would be provided by the World Bank and Asian Development Bank.
(A) Only 1
(B) Only 2
(C) Both 1 and 2
(D) All 1, 2 and 3
(E) None of these
13. Who amongst the following was the Chief Guest at the Republic Day Parade of India 2008 ?
(A) Hu Jinto of China
(B) Gordon Brown of Britain
(C) Nicolas Sarkozy of France
(D) Abdullah Dardari of Syria
(E) None of these
14. Who amongst the following is elected as the Chairperson of the “Conference of the Speakers and Presiding officers of the commonwealth” for the next two years ?
(A) Somnath Chatterjee
(B) Manmohan Singh
(C) Manohar Joshi
(D) L. K. Advani
(E) None of these
15. Ferenc Gyurcsany who was on a visit to India in January 2008 is the………
(A) Prime Minister of Yemen
(B) Prime Minister of Hungary
(C) President of Ukraine
(D) Prime Minister of Turkey
(E) None of these
16. Which of the following teams won the ‘Ranji Trophy-2008’ ?
(A) Uttar Pradesh
(B) Maharashtra
(C) Delhi
(D) Punjab
(E) None of these
17. Very often we read in the newspapers about various measures taken up to control the flow of the capital in the Indian markets. Who amongst the following is/are the Regulators who can control the flow of the same in India ?
- Indian Bank’s Association
- RBI
- SEBI
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 2 and 3
(E) Both 1 and 2
18. Many times we read a term ‘Hot Money’ in newspapers. What is/are the characteristics of Hot money ?
- The term is used for fresh currency notes issued by the RBI.
- It is the fund which flows in the market to take advantage of high interest rates.
- It is the fund which is thrown in the market to create imbalance in the stock markets.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
19. India’s largest overseas investment in the UK is Tata Corus deal. What is UK’s largest investment in India ?
(A) Vodafone
(B) Idea
(C) Tetley
(D) Allianz
(E) None of these
20. India is one of the largest export market of UK amongst the developing world. Which is one major export to India from UK ?
(A) Wheat
(B) Vegetable
(C) Newsprint
(D) Industrial Machinery
(E) Fertilizers
21. Which of the following is/are correct statement(s) pertaining to India’s relation with China ?
- China is the focal point of India’s ‘Look East Policy’
- India is one of the largest investigators of anti-dumping investigations against China.
- India is China’s most preferred nation for export of minerals and chemicals.
(A) Only 1
(B) Only 2
(C) Both 1 and 2
(D) Only 3
(E) All 1, 2 and 3
22. As per the estimates of Prime Minister’s Economic Advisory Council (EAC) headed by Dr. C. Rangarajan the Indian Economy will grow at which of the following rates in 2008-09 ?
(A) 7%
(B) 7•5%
(C) 8%
(D) 8•5%
(E) 10%
23. Which of the following is/are included in ‘Deficit Financing’ in India ?
(The term is used frequently in economic planning)
- Borrowing from the Reserve Bank of India.
- Issue of New Currency Notes.
- Withdrawal of past balances/surpluses etc.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Answers from 1 to 23 are given below:
1. (A)
2. (B)
3. (D)
4. (C)
5. (D)
6. (A) According to the U.N. Food and Agriculture Organization’ of the 36 countries that are in the grip of a severe food security crisis. Out of 36 countries 21 are in Africa.
7. (E)
8. (D)
9. (D)
10. (D) As per current year budget, the initial corpus of Rs. 60,000 crore was provided for Farmers Debt Relief Fund but the actual amount was Rs. 71680 crore.
11. (A)
12. (C)
13. (C)
14. (E)
15. (B)
16. (C)
17. (B)
18. (B)
19. (A)
20. (D)
21. (A)
22. (D) In January 2008, it was predicted to be 8•5% while in August 2008 Prime Ministers Advisory Council predicted it to be 7•7%.
23. (D)
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Union Bank of India General Awareness Solved Paper 1 | Union bank of India Model Paper 1- General Awareness
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