50 Most Expected Banking/Economy Questions For IBPS CLERk-III This practice set is prepared especially for IBPS CLERK-III exam 1) The Reserve Bank set up a three-member committee headed by whom to scrutinise applications for new bank licences in Oct 2013? (A) Arvind Mayaram (B) Urijit Patel (C) Bimal Jalan (D) B. Sambamurthy Ans. (C) Bimal Jalan 2) Which state Government launched Video Chat in Prisons in July 2013? (A) Gujarat (B) Haryana (C) Himachal Pradesh (D) Uttar Pradesh Ans. (C) Himachal Pradesh 3) Who took over as the new Chairman and Managing Director of Corporation Bank in Oct 2013? (A) Ashok Reddy Nukala (B) S.R. Bansal (C) Rajendra Kumar Saraf (D) Umesh Chand Asawa Ans. (B) S.R. Bansal 4) Which Indian City become the first city of North India where ATM facility will be available for people maintaining accounts in co-operative banks recently? (A) Allahabad (B) Lukhnow (C) Rampur (D) Kanpur Ans. (C) Rampur 5) Who has been awarded the Asian Business Leaders Award 2013 for his “impressive business credentials” and service to society by London-based Asia House in July 2013? (A) Azim Premji (B) Ratan Tata (C) Adi Godrej (D) N R Narayana Murthy Ans. (A) Azim Premji 6) India and _________ have launched major co-operation in power sector with the launch of two projects – a 500 MW grid and 1320 megawatt Maitri MW Thermal station in Oct 2013. (A) Nepal (B) Bhutan (C) Bangladesh (D) Myanmar Ans. (C) Bangladesh 7) Who was formally inducted into the prestigious National Academy of Engineering in the US for his “outstanding contributions” to industrial development in India and the world over as announced in Oct 2013? (A) N R Narayana Mutrhy (B) Ratan Tata (C) Azim Premji (D) Adi Godrej Ans. (B) Ratan Tata 8) The Supreme Court has proposed a three- member panel headed by whom to examine and probe the IPL spot-fixing scandal in Oct 2013? (A) Arvind Mayaram (B) Bimal Jalan (C) Mukul Mudgal (D) A.P. Shah Ans. (C) Mukul Mudgal 9) The Supreme Court has directed Central and the state governments to provide ________ _ jobs to the disabled persons in Oct 2013. (A) 3% (B) 4% (C) 5% (D) 6% Ans. (A) 3% 10) Which Indian Airport was renamed as “Kempegowda” International Airport in July 2013? (A) Mangalore (B) Bengaluru (C) Mysore (D) Kochin Ans. (B) Bengaluru 11) Who has been appointed as the Chairman and Managing Director of Power Finance Corporation Ltd (PFC) by the Government of Indian in Sep 2013? (A) Satnam Singh (B) BN Talukdar (C) M.K. Goel (D) Nishi Vasudeva Ans. (C) M.K. Goel 12) Who has been selected to head Hindustan Petroleum Corp Ltd (HPCL) in August 2013 and with this she becomes the first woman ever to head a Navranta PSU? (A) Nishi Vasudeva (B) Shubhalakshmi Panse (C) Arundhati Bhattacharya (D) Archana Bhargava Ans. (A) Nishi Vasudeva 13) Who has been appointed as Chairman & Managing Director of India Infrastructure Finance Company Ltd (IIFCL) in Oct 2013? (A) S Varadarajan (B) SB Nayar (C) R K Singhon (D) B Ashok Ans. (B) SB Nayar 14) China and the _________ have signed a currency swap agreement worth 350 bn yuan (USD 57 billion) in oct 2013. (A) Bank of England (B) European Central Bank (C) Federal Reserve (D) None of These Ans. (B) European Central Bank 15) Who has been appointed as the next Secretary, Ministry of Labour and Employment in Oct 2013? (A) Jaimini Bhagwati (B) Arunendra Kumar (C) Ranjan Mathai (D) Gauri Kumar Ans. (D) Gauri Kumar 16) Japan-based Line Corporation, a provider of instant messaging service, has roped in which Bollywood actress as its brand ambassador for India in Oct 2013? (A) Kareena Kapoor (B) Katrina Kaif (C) Deepika Padukone (D) Parineeti Chopra Ans. (B) Katrina Kaif 17) The International Monetary Fund (IMF) has lowered the growth projection for India to _______ for financial year 2013-14 as announced in Oct 2013? (A) 4.5% (B) 5.6% (C) 3.8% (D) 4.2% Ans.(C) 3.8% 18) Which Indian PSU Bank has entered into a bancassurance tie-up with Apollo Munich Health Insurance (AMHI) in Oct 2013? (A) Canara Bank (B) Bank of Baroda (C) Punjab National Bank (D) IDBI Bank Ans. (A) Canara Bank 19) Which PSU bank has bagged the Golden Peacock Award for excellence in corporate governance 2013 in Oct 2013? (A) Punjab National Bank (B) Canara Bank (C) Dena Bank (D) Bank of Baroda Ans. (B) Canara Bank 20) The Reserve Bank of India has formed a technical committee to examine the feasibility of encrypted SMS-based fund transfers in Oct 2013. Who will head the committee? (A) Arvind Mayaram (B) Urijit Patel (C) Bimal Jalan (D) B. Sambamurthy Ans. (D) B. Sambamurthy 21) The Ministry of Micro, Small and Medium Enterprises has assigned which bank No. 1 rank under the ‘National Awards for Excellence in MSE (micro and small enterprises) Lending’ for 2012-13 as announced in Oct 2013? (A) ICICI Bank (B) IDBI Bank (C) Corporation Bank (D) Bank of Baroda Ans. (C) Corporation Bank 22) India has been ranked at _____ in the latest Global Hunger Index released by the International Food Policy Research Institute (IFPRI), Welthungerhilfe and Concern Worldwide in Oct 2013. (A) 65th (B) 63rd (C) 68th (D) 72nd Ans. (B) 63rd 23) The United States has overtaken which country to become the world’s biggest oil producer due to the jump in output from shale gas finds in US (published in Oct 2013). (A) Kuwait (B) Saudi Arabia (C) UAE (D) Russia Ans. (B) Saudi Arabia 24) The Public Health Foundation of India (PHFI) has elected whom as its Chairperson for a term of three years in Oct 2013 (who succeeds N R Narayana Murthy). (A) Adi Godrej (B) Azim Premji (C) Anand Mahindra (D) Ratan Tata Ans. (C) Anand Mahindra 25) The World Bank has lowered India’s economic growth forecast for the current fiscal 2013-14 to ___________ (announced in Oct 2013). (A) 5.2% (B) 4.7% (C) 4.3% (D) 5.8% Ans. (B) 4.7% 26) The World Bank has approved _______ assistance for Uttarakhand in Oct 2013, which was hit hard by rains and landslides earlier this year. (A) USD 300-million (B) USD 500-million (C) USD 250-million (D) USD 100-million Ans. (C) USD 250-million 27) The working committee of the Board of Cricket Control of India has terminated the contract of which IPL team “Pune Warriors” for non-payment of franchise fee in Oct 2013. Which group was owner of the team? (A) Deccan Group (B) India Cement (C) ADAG Group (D) Sahara Group Ans. (D) Sahara Group 28) The proposed aviation venture of TATA with Singapore Airlines (SIA) has got corporate Affairs Ministry’s approval to use the name “Tata SIA Airlines Ltd” in Oct 2013. Tata Group will hold ______ stake in the company while the rest will be held by Singapore Airlines. (A) 74% (B) 49% (C) 51% (D) 60% Ans. (C) 51% 29) Publishing giant Pearson has appointed whom as the new Managing Director for its India business in Oct 2013? (A) Deepak Mehrotra (B) Rajeev Chopra (C) Tarun Chugh (D) A. Krishnakumar Ans. (A) Deepak Mehrotra 30) Which Indian City has been ranked as the country’s top business destination in terms of infrastructure, human capital, city culture and basic quality of living, as per a new survey, conducted DTZ in Oct 2013? (A) Mumbai (B) Pune (C) Bangalore (D) Chennai Ans. (C) Bangalore 31. Which bank(the biggest US bank by assets) said 15 Nov 2013, it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market? (A)JPMorgan Chase & Co (B) Lehman Brothers (C) Goldman Sachs (D) Bank of America Ans. (A) JPMorgan Chase & Co 32. President Pranab Mukherjee released a postal stamp to commemorate which anniversary of The Times of India in an elegant ceremony at the Rashtrapati Bhawan on 14th Nov 2013? (A) 50th (B) 100th (C) 150th (D) 175th Ans. (D) 175th 33. Headline inflation at a high percent and rising food prices are definitely not a good sign for the economy. October WPI inflation figure released on 14th November 2013 stands at 8-month high. What is WPI (Wholesale Price Index) for October 2013? (A) 6.2 % (B) 6.6 % (C) 6.9 % (D) 7 % Ans. (D) 7 % 34. Global professional services firm Ernst & Young has appointed whom as its new Global Chairman and CEO in July 2013? (A) Gary Kenneth Toomey (B) Mark Weinberger (C) Joe Kaeser (D) Etienne Benet Ans. (B) Mark Weinberger 35. India has been ranked _______ among 142 countries in the Global Innovation Index 2013 published in July 2013? (A) 61st (B) 66th (C) 68th (D) 70th Ans. (B) 66th 36. The Inter-ministerial body Telecom Commission has approved to raise foreign direct investment limit in the telecom sector from current 74% to _________ in July 2013. (A) 95% (B) 90% (C) 100% (D) 91% Ans. (C) 100% 37. Which Indian state was declared as the first Smoke-free state of the country in July 2013? (A) Haryana (B) Punjab (C) Himachal Pradesh (D) Gujarat Ans. (C) Himachal Pradesh 38. Which country joined the European Union as the 28th member of the Union in July 2013? (A) Norway (B) Latvia (C) Croatia (D) Turkey Ans. (C) Croatia 39. Who has been appointed as Director General of Bureau of Indian Standards (BIS) in July 2013? (A) Sujata Singh (B) Sunil Soni (C) K K Paul (D) Sharad Gupta Ans. (B) Sunil Soni 40. Who has been appointed as Managing Director of UTI Mutual Fund in July 2013? (A) Leo Puri (B) Deepak Parekh (C) Rana Kapoor (D) None of These Ans. (A) Leo Puri 41. India’s core sector growth stood at ______ _____ in August as published in Oct 2013)? (A) 3.7% (B) 3.1% (C) 6.5% (D) 2.3% Ans. (A) 3.7% 42. Who took over charge as Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL) in Oct 2013? (A) SB Nayar (B) S Varadarajan (C) R K Singhon (D) B Ashok Ans. (B) S Varadarajan 43. Which IT Services Company acquired the Equinox Consulting, a financial services consulting firm based in France, in Oct 2013? (A) Cognizant (B) TCS (C) Infosys (D) Wipro Ans. (A) Cognizant 44. Which country has topped the global chart of remittances with a whopping USD 71 billion in remittances in 2013? (A) China (B) Philippines (C) Mexico (D) India Ans. (D) India 45. ECB has kept its benchmark interest rate on hold at ________ in Oct 2013. (A) 0.5% (B) 0.25% (C) 0.75% (D) 1% Ans. (A) 0.5% 46. Who has been appointed chairman of Karnataka Vikas Grameena Bank (KVGB), a regional rural bank sponsored by Syndicate Bank, in Oct 2013? (A) Ashok Reddy Nukala (B) S.R. Bansal (C) Rajendra Kumar Saraf (D) Umesh Chand Asawa Ans. (A) Ashok Reddy Nukala 47. Which IT Company acquire ValueSource NV, a subsidiary of Belgium-based integrated bank insurance group KBC, as part of a five- year contract with the group in Oct 2013? (A) Cognizant (B) TCS (C) Infosys (D) Wipro Ans. (A) Cognizant 48. India has been ranked at ______ position out of 122 countries on global Human Capital Index published by the World Economic Forum in Oct 2013. (A) 78th (B) 85th (C) 88th (D) 66th Ans. (A) 78th 49. Government of India has appointed a four member committee headed by whom to clear the ambiguity between Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII) terms in Oct 2013? (A) Bimal Jalan (B) Mukul Mudgal (C) Arvind Mayaram (D) A.P. Shah Ans. (C) Arvind Mayaram 50. The Government of India launched a unique project to put 100 most important Indian heritage sites online in collaboration with which IT/Internet giant in Oct 2013? (A) Google (B) Yahoo (C) Microsoft (D) Amazon Ans. (A) Google Due Care has been taken in preparing this practice set. If there is any error you can comment for that. We will correct it.
Posted on: Sat, 23 Nov 2013 12:47:48 +0000
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