GENERAL AWARENESS QUESTION AND ANSWERS FOR THE COMPETITIVE EXAMS LIKE IBPS / SBI / CAT / MAT etc. PART - 2

GENERAL AWARENESS QUESTION AND ANSWERS FOR THE COMPETITIVE EXAMS LIKE IBPS / SBI / CAT / MAT etc. PART - 2

26- As per the Wholesale Price Index, published by the government on 16 January 2012, Reduced food prices caused the inflation to dip to a year low at what per cent in December 2011?

(A). 7.47%

(B). 7.65%

(C). 6.33%

(D). 5.41%

27- Reserve Bank of India deregulated non-resident external (NRE) deposits on 16 December 2011 allowing banks to offer higher interest rates to dollar-denominated accounts. Which of the following facts related to the above statement is/are not true?

1-. Reserve Bank freed the rates on non-resident external accounts, offering interest as high as 9.6% per annum

2-. Following RBI’s deregulation five Indian banks, including HDFC Bank and Yes Bank on 23 December 2011 raised their interest rates on such deposits in order to lure foreign money

3-. Private lender Yes Bank increased the interest rates on fixed deposits held by non-resident Indians (NRIs) to 8.4 per cent from 3.82 per cent

4-. The new rates are effective from 24 December for fresh deposits as well as those being renewed on maturity.

(A). 1 & 2

(B). Only4

(C). Only 3

(D). 1 & 4

28- According to the RBI data, India's foreign exchange reserves fell by what amount to $302.1 billion during the week ended 16 December 2011 on account of a fall in foreign currency assets?

(A). $4.67 billion

(B). $3.33 billion

(C). $5 billion

(D). $5.75 billion

29- According to the Tea Board data released in December 2011, tea imports declined by what per cent to 9.91 million kg in the April-October period of 2011?

(A). 10%

(B). 12.5%

(C). 14%

(D). 15.3%

30- Infrastructure sector recorded a growth of what per cent in Novemberr 2011 after touching five-year low of 0.3% in October 2011 due to an impressive growth in cement, electricity and refinery products?

(A). 2.3%

(B). 3.9%

(C). 4.6%

(D). 6.8%

31- Telecom Commission, the decision-making body of the Department of Telecommunications recommended a uniform licence fee of what per cent of adjusted gross revenues (AGR) as against the prevalent rate of 6-8 per cent?

(A). 10%

(B). 8%

(C). 5.2%

(D). 9.3%

32- Reserve Bank of India deregulated non-resident external (NRE) deposits on 16 December 2011 allowing banks to offer higher interest rates to dollar-denominated accounts. Which of the following facts related to the above statement is/are not true?

1-. Reserve Bank freed the rates on non-resident external accounts, offering interest as high as 9.6% per annum

2-. Following RBI’s deregulation five Indian banks, including HDFC Bank and Yes Bank on 23 December 2011 raised their interest rates on such deposits in order to lure foreign money

3-. Private lender Yes Bank increased the interest rates on fixed deposits held by non-resident Indians (NRIs) to 8.4 per cent from 3.82 per cent

4-. The new rates are effective from 24 December for fresh deposits as well as those being renewed on maturity.

(A). 1 & 2

(B). Only 4

(C). Only 3

(D). 1 & 4

33- According to the RBI data, India's foreign exchange reserves fell by what amount to $302.1 billion during the week ended 16 December 2011 on account of a fall in foreign currency assets?

(A). $4.67 billion

(B). $3.33 billion

(C). $5 billion

(D). $5.75 billion

34- According to the Tea Board data released in December 2011, tea imports declined by what per cent to 9.91 million kg in the April-October period of 2011?

(A). 10%

(B). 12.5%

(C). 14%

(D). 15.3%

35- Infrastructure sector recorded a growth of what per cent in Novemberr 2011 after touching five-year low of 0.3% in October 2011 due to an impressive growth in cement, electricity and refinery products?

(A). 2.3%

(B). 3.9%

(C). 4.6%

(D). 6.8%

36- Telecom Commission, the decision-making body of the Department of Telecommunications recommended a uniform licence fee of what per cent of adjusted gross revenues (AGR) as against the prevalent rate of 6-8 per cent?

(A). 10%

(B). 8%

(C). 5.2%

(D). 9.3%

37- The OFT has announced an enquiry into competition in which market?

(A). Accountancy & Auditing

(B). Tablet computers

(C). School bus services

(D). Uk cinema industry

38- Who has been penalised by the taxman for failing to pay up to £25,000 in VAT?

(A). Princess Anne

(B). Simon Cowell

(C). George Osborne

(D). Vince Cable

39- A leaked document has suggested the UK government might seek to scrap which business law?

(A). Unfair dismissal

(B). Compulsory retirement

(C). Permission to form a trade union

(D). Health & safety regulations in offices

40- Which retailer is to trial stores at motorway service stations?

(A). Greggs

(B). Waterstones

(C). Debenhams

(D). La Senza

41- Facebook has announced its intention to sell shares to the public. How much is it looking to raise in the flotation?

(A). $28 billion

(B). $87.2 billion

(C). $100 billion

(D). $5 billion

42- Facebook founder Mark Zuckerberg intends to change his annual salary to what amount?

(A). $1

(B). $500,000

(C). $278,995

(D). $1,450,000

43- Tesco's share of the UK grocery market has fallen to a 7-year low. What is it now?

(A). 17.3 per cent

(B). 45.6 per cent

(C). 29.9 per cent

(D). 65.2 per cent

44- John Browett, the CEO of Dixons Retail, has been poached to run which business?

(A). Argos

(B). M&S Simply Food

(C). Google's new education division

(D). Apple's retail stores

45- Former boss of RBS has been stripped off his knighthood. What was his nickname at RBS?

(A). Fred the Shred

(B). McTaggish of the Yard

(C). Hamish the Hamster

(D). Boris the Banker

46- Stephen Hester has decided to forego what?

(A). The chance to be CEO of MySpace

(B). The job as the new Dragon on Dragons Den

(C). The chance to appear on The Apprentice

(D). A £1m bonus

47- Which social network shut down this week sparking concerns that it had closed?

(A). Bebo

(B). Twitter

(C). MySpace

(D). Friends Reunited

48- What reason has consoles manufacturer Nintendo given for recording a heavy loss?

(A). A rise in the Yen / $ exchange rate

(B). Rising plastic prices

(C). Competition from tablets and smartphones

(D). People are bored with playing games

49- An online baby products retailer owned by supermarket giant Morrisons has made a large acquisition. The name of the business is?

(A). Kiddicare

(B). Ahh Dudd-Dums

(C). Mamas & Papas

(D). TumbleTots

50- Which two business are in talks to form a "merger of equals"?

(A). Facebook and Twitter

(B). Harrods and Harvey Nichols

(C). Airbus and Boeing

(D). Glencore and Xstrata

ALL THE BEST FOR YOUR EXAMS :)