Nabard Bank Officers Exam 2008 - General Awareness Online Test - Part 1

1. Which of the following was the reason owing to which public unrest broke out in Pakistan and an Emergency was declared a few months back ?
1. Sudden death of former Prime Minister Benazir Bhutto.
2. Announcement of General Elections.
3. Appointment of a new Chief of Army in place of Gen. Pervez Musharraf who was very popular leader there.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these
 

2. India, Brazil and South Africa made a forum in 2003 which is playing a very significant role in dealing with the issues of common interest of all the three in general and their foreign policies in particular. What is the name of the forum ? (The Second Summit of the forum was organized in October 2007 in Pretoria)
SAGU  BRIC  G-20  IBSA  None of these
 

3. Read the following three statements carefully and answer the question asked immediately after that - 1. Hu Jintao has been reelected the General Secretary of the ruling CPC for the second term till 2012. 2. Vice President of the country Zeng Quinghing was removed from the powerful Central Committee of the party. 3. Country is now likely to proceed on a new agenda of progress and development as Jintao is a man of modern and scientific outlook. All these three statements are about the political development in the country known as- South Korea  North Korea  Singapore  China  Thailand
 

4. The mid term review of the Monetary and Credit Policy of the RBI (for 2007-08) took place in January 2008. Which of the following is true about the same ?
1. CRR hiked by 0.5 per cent to make it 7.5% w.e.f. 10th February, 2008.
2. GDP growth outlook at 8.5% for 2007-08.
3. Call and put options are now allowed in imports and exports.
Only 1  Only 2  Only 3  Both 2 and 3  None of these
 

5. An International Organization with Robert B. Zoellick as its President sanctioned a loan of US$ 944 million to India so that it can strengthen its rural finance system, vocational training and improve its water management projects. Which of the following is the name of that organization ?
International Monetary Fund  Asian Development Bank  UNESCO  World Bank  None of these
 

6. As per the news which appeared in some newspapers/magazines the police with the help of some NGOs rescued some children who had been forced in child labour illegally. Such children are protected under which of the following acts in India ?
1. Juvenile Justice Act.
2. Child Labour Act.
3. Immoral Trafficking Act.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these
 

7. As per the news published in the media, India, China and some other countries are trying to grapple with money flooding the economy from a record trade surplus, and swelling of foreign exchange reserves of the country. Why do the Central Banks of such countries have to make special efforts to check the flooding of money and foreign exchange in economy whereas for an ordinary man more money means richness and prosperity ?
1. It generates artificial inflation in economy.
2. It makes the Govt. of that country to revaluate its currency.
3. It creates a situation where rate of interest on loans and advances starts coming down sharply.
Only 1  Only 2  All 1, 2 and 3  Both 1 and 3  None of these
 

8. The Govt. of India recently established a fund known as National Investment Fund (NIF). Which of the following statement(s) is/are true in this regard ?
1. This fund is generated through the money received from the sale of equity in State run companies.
2. The fund will help in revival of sick units of the public sector companies of the Govt. of India.
3. The money deposited in the fund will be used for social welfare schemes.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these
 

9. The Govt. of India is making special efforts to help the farmer community in the country as they are in distress and demand special attention from all of us. Which of the following is correct in this regard ?
1. Govt. of India has announced a substantial hike in minimum support price of wheat for Rabi season.
2. A relief package is announced for the Sugar Industry.
3. All farmers are being given a cash assistance of Rs. 5 lakhs to make them comfortable financially.
Only 1  Only 2  Both 1 and 2  Only 3  None of these
 

10. Which of the following taxes is collected by the Govt. on sale of goods and services in the country ?
NAT  GET  SAT  VAT  None of these
 

Part I        Part II        Part III        Part IV       Part V