Roger Federer won Singles Final Tennis Match at Barclay’s ATP World Tour Finals

Swiss tennis star Roger Federer defeated Jo-Wilfried Tsonga of France in their singles final tennis match at the Barclay's ATP World Tour Finals, in the O2 arena in London on 27 November 2011. The victory earned him a record sixth ATP World Tour Finals title.

The victory also helped him move ahead of Pete Sampras and Ivan Lendl on the list of Tour Finals champions in the 100th final of his career.

Federer has won 70 trophies in his career and has also equalled Lendl's record of 39 match wins in the end-of-season event.

Federer received the winners' cheque worth $770,000. For the first time since 2002 he ended the season without a Grand Slam title.

Eminent Assamese Litterateur and Jnanpith Award Winner, Indira Goswami died in Guwahati

Eminent Assamese litterateur and Jnanpith award winner, Indira Goswami, popularly known as Mamoni Raisom Goswami passed away in Guwahati on 29 November 2011. Dr. Goswami authored several bestseller Assamese novels and short story collections in her life time. She was also instrumental in initiating peace talks between the government and insurgent United Liberation Front of Asom (ULFA).

Work of Indira Goswami

Born in 1942, Goswami was encouraged by Kirti Nath Hazarika who published her first short stories in a literary journal he edited. At 20, she published her first collection of short stories Chinaki Morom.

Goswami had served as a professor of modern Indian languages at Delhi University. Classics such as The Pages Stained with Blood and The Moth Eaten Howdah of a Tusker were written during her stint in Delhi University. Goswami was an expert in Ramayani studies.

Goswami authored several award winning books which include Datal Hathir Uwe Khowa, Neelakantha Braja, Mamore Dhora Tarowal, Ahiron, Chenabor Srot, Dasarathir Khoj, Tej Aru Dhulire Dhusaritha Prishta, Udaybhanur Charitra, Chhinmastar Manuhto and her autobiography Adha Lekha Dastavej. Her treatise Ramayana from Ganga to Brahmaputra is considered a literary masterpiece.

Awards she received

She won the Sahitya Akademi Award for her powerful novel Mamare Dhara Tarowal Aru Dukhan Upanyasa in 1982 and the Jnanpith Award in 2000. She was also a recipient of the Katha Award, the Karnataka Sangha Sammam, the Manas Chatuechati Samiti Samman, the Kamal Kumari Foundation National Awards, the Sauhardya award and the Bhart Nirman award.

She was India's first Principal Prince Claus Laureate in 2008.

Indira Goswami as peace maker

Dr. Goswami in 2004 mediated between the Centre and the ULFA and succeeded in convincing both the government and the ULFA to come forward for negotiations. Her initiative led to the formation of the Peoples' Consultative Group (PCG) by the ULFA to prepare the ground for peace talks.

She  had prepared ground for talks between the two sides. She had acted as the sole mediator between Prime Minister Manmohan Singh, her former colleague at Delhi University, and the ULFA leadership. She had prepared and submitted the first draft peace proposal to Singh.

Later, she had played a key role when the Sanmilta Jatiya Abhbartan, an umbrella body of civil society organisations of Assam, facilitated the resumption of dialogue between the ULFA and the Centre.

Read more: http://www.allcurrentaffairs.tk/2011/11/eminent-assamese-litterateur-and.html#ixzz1fDK45tvp

DRDO Wins Innovation Award

DRDO Wins Innovation Award

Defence Research & Development Organisation (DRDO), has been awarded the prestigious Thomson Reuters India Innovation Award- 2011 in "Hi-Tech Academic & Government" Category. Dr K D Nayak, Chief Controller (R&D), received the award on behalf of DRDO from DrAshwani Kumar, Minister of State for Science & Technology, Earth Sciences & Planning at a function here yesterday. The award was adjudged on the basis of size of patent portfolio, success rate, extent of globalization and influence of innovation as the analytical parameters.

DRDO is the largest Government S&T organisation engaged in developing Defence Technologies covering various disciplines with a vision to make India prosperous by establishing world-class science and technology base and provide our Defence Services decisive edge by equipping them with internationally competitive systems and solutions. DRDO has generated a wide range of cutting edge Defence Technologies covering various disciplines like aeronautics, armaments, electronics, combat vehicles, engineering systems, instrumentation, missiles, advanced computing and simulation, special materials, naval systems, life sciences, training and information systems. The organisation has been consistently making all out efforts for innovation and IPR culture to be an integral part of R&D, which has resulted in the current IPR portfolio of around 1400, that includes patents, copyrights, designs and trademarks. Thomas Reuters India Innovation Award- 2011 is a pointer to the high impact and utility of the innovations made by DRDO and is a morale booster for its scientific community. 

source:http://www.allcurrentaffairs.tk/2011/11/drdo-wins-innovation-award.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AllCurrentAffairs+%28ALL+Current+Affairs%29&utm_content=Google+Reader

Banking Industry News for General Awareness Section of IBPS Clerical CWE 2011 -1

Ratings Firm Moody's downgraded Indian Banking System's Rating outlook from Stable to Negative

Global ratings firm Moody's on 9 November 2011 downgraded the entire Indian banking system's rating outlook from stable to negative indicating a deterioration in asset quality in the months ahead. In September 2011, Standard & Poor's (S&P) downgraded the country's largest lender, the State Bank of India, by one notch.

Arguing its case for the outlook downgrade the Moody's mentioned that with asset quality was anticipated to deteriorate over the next 12-18 months, thereby causing an increase in provisioning needs for the banks in financial year 2012 and 2013.

The Moody's decision was announced at a time when the Eurozone financial system is in turmoil and a large number of European banks are in dire straits.

The government rejected it claiming that the country's lending institutions are much healthier than their global counterparts. Indian bankers termed the move unwarranted and premature at this point of time.

The market apprehended that the downgrade by the Moody's would render overseas borrowings costlier for Indian banks. The negative sentiment sparked a major sell-off in banking stocks, resulting in the banking index on the Bombay Stock Exchange tumbling by 2.62 per cent on 9 November.

Ratings Firm Moody's downgraded Indian Banking System's Rating outlook from Stable to Negative

Global ratings firm Moody's on 9 November 2011 downgraded the entire Indian banking system's rating outlook from stable to negative indicating a deterioration in asset quality in the months ahead. In September 2011, Standard & Poor's (S&P) downgraded the country's largest lender, the State Bank of India, by one notch.

Arguing its case for the outlook downgrade the Moody's mentioned that with asset quality was anticipated to deteriorate over the next 12-18 months, thereby causing an increase in provisioning needs for the banks in financial year 2012 and 2013.

The Moody's decision was announced at a time when the Eurozone financial system is in turmoil and a large number of European banks are in dire straits.

The government rejected it claiming that the country's lending institutions are much healthier than their global counterparts. Indian bankers termed the move unwarranted and premature at this point of time.

The market apprehended that the downgrade by the Moody's would render overseas borrowings costlier for Indian banks. The negative sentiment sparked a major sell-off in banking stocks, resulting in the banking index on the Bombay Stock Exchange tumbling by 2.62 per cent on 9 November.

Ratings Firm Moody's downgraded Indian Banking System's Rating outlook from Stable to Negative

Global ratings firm Moody's on 9 November 2011 downgraded the entire Indian banking system's rating outlook from stable to negative indicating a deterioration in asset quality in the months ahead. In September 2011, Standard & Poor's (S&P) downgraded the country's largest lender, the State Bank of India, by one notch.

Arguing its case for the outlook downgrade the Moody's mentioned that with asset quality was anticipated to deteriorate over the next 12-18 months, thereby causing an increase in provisioning needs for the banks in financial year 2012 and 2013.

The Moody's decision was announced at a time when the Eurozone financial system is in turmoil and a large number of European banks are in dire straits.

The government rejected it claiming that the country's lending institutions are much healthier than their global counterparts. Indian bankers termed the move unwarranted and premature at this point of time.

The market apprehended that the downgrade by the Moody's would render overseas borrowings costlier for Indian banks. The negative sentiment sparked a major sell-off in banking stocks, resulting in the banking index on the Bombay Stock Exchange tumbling by 2.62 per cent on 9 November.Ratings Firm Moody's downgraded Indian Banking System's Rating outlook from Stable to Negative

Global ratings firm Moody's on 9 November 2011 downgraded the entire Indian banking system's rating outlook from stable to negative indicating a deterioration in asset quality in the months ahead. In September 2011, Standard & Poor's (S&P) downgraded the country's largest lender, the State Bank of India, by one notch.

Arguing its case for the outlook downgrade the Moody's mentioned that with asset quality was anticipated to deteriorate over the next 12-18 months, thereby causing an increase in provisioning needs for the banks in financial year 2012 and 2013.

The Moody's decision was announced at a time when the Eurozone financial system is in turmoil and a large number of European banks are in dire straits.

The government rejected it claiming that the country's lending institutions are much healthier than their global counterparts. Indian bankers termed the move unwarranted and premature at this point of time.

The market apprehended that the downgrade by the Moody's would render overseas borrowings costlier for Indian banks. The negative sentiment sparked a major sell-off in banking stocks, resulting in the banking index on the Bombay Stock Exchange tumbling by 2.62 per cent on 9 November.

MoU signed between IIFCL, LIC & IDFC to provide Takeout Finance for Infrastructure Projects

A memorandum of understanding (MoU) was signed between IIFCL, LIC and IDFC on 17 September 2011 in the presence of Union Finance Minister Pranab Mukherjee to provide Takeout Finance for infrastructure projects.

The MoU between IIFCL and LIC and IDFC is to provide for takeout up to 50 per cent of the total project cost in the ratio of 20:20:10 by these institutions respectively. The mechanism is expected to help financing to the tune of Rs.30000 crore under the scheme. This will facilitate banks to take more exposure in new projects, which in turn will help in bridging the gap in infrastructure financing to a great extent.

Takeout Finance Scheme was launched on 12 October 2010 when an MoU between IIFCL and PNB, Allahabad Bank, Union Bank, Indian Bank and UCO Bank was signed. This scheme is aimed at removing the hurdles in infrastructure financing by addressing asset liability mismatch (ALM) and group exposure issues. In this scheme, IIFCL can take out debt up to 20 per cent of the total project cost after the COD of the project with certain limitations.

The Centre fixed the target for agricultural credit flow at Rs 475000 crore, of which Rs.112731 crore had already been extended. The States are to create awareness about the 4 per cent short-term crop loans being extended to farmers, who repay their loans on time.

73,000 habitations were set to be covered by banking services under Swabhimaan which is an ambitious plan for financial inclusion launched by the Central Government.

State leaders  in low credit deposit ratio states such as Madhya Pradesh, Chhattisgarh, Goa and Dadra & Nagar Haveli to utilise State Level Bankers' Committee to boost credit-deposit ratio. All state governements were expected to cooperate to popularise e-payment.

K. S. Sreenivasan appointed non-official director on board of Oriental Bank of Commerce

The Ministry of Finance (Department of Financial Services) on 27 september 2011 appointed K. S. Sreenivasan as part-time, non-official director on the board of Oriental Bank of Commerce. Sreenivasan has been appointed for a period of three years.

He had earlier served on the board of Union Bank of India between 2006 and 2009 and also on the board of Madras School of Economics. Sreenivasan, a practising chartered accountant with nearly 26 years of experience, is also a life member of the Indian Council of Arbitration.

source:

http://gkspecialist.blogspot.com/2011/11/banking-industry-news-for-general_1951.html

Banking Industry News for General Awareness Section of IBPS Clerical CWE 2011

Market Capitalization of all 24 Listed Public Sector Banks below that of 15 Listed Private Banks: The combined market capitalization of all 24 listed public sector banks,which control 73% of bank deposits,is currently below that of the 15 listed private banks.

On 15 November 2011, the combined market capitalization of the 24 public sector banks which include 19 nationalized banks, SBI and its three associates and IDBI was Rs 311877 crore. As against this,the market capitalization of 14 private banks was Rs 321613 crore. This is a reversal of the position at the beginning of 2011. As on 1 April 2011, the total mkt-cap of government-owned banks was Rs 439600 crore much higher than the Rs 374218 crore for private banks.

As on end-June 2011,PSU banks accounted for 74.6% of bank deposits while private sector banks had only 18%,with the rest of the funds lying with regional rural banks and foreign banks.In matters of credit, PSU banks account for 74.9% of bank loans in the country while private banks have only a 17.6% share.

Two bad quarters of 2011-12 for State Bank of India and reports of loan restructuring and NPA worries in public sector banks hit valuations hard.

HDFC Bank overtook SBI to become the most valuable bank in the country.Incidentally,SBI the largest lender in the country has contributed the most to the decline in value of public sector banks.

PSU banks can work around capital constraints in the short-term by consolidation or via a relaxation in norms that require the government to hold a minimum 51% stake.There also exists larger social burden on the public sector banks because of which they have had to restructure large loans. Compared to them the private banks have been selective in their lending and have had far fewer NPAs.

source:http://gkspecialist.blogspot.com/2011/11/banking-industry-news-for-general.html

GK India :Health And Medicinal Research Centers In India

Health And Medicinal Research Centers In India 

S.No.	Health and Medicinal Research Center	Location	Year Of Estb.	Objective
1	All India Maleria Research Institute	New Delhi	1977	To find short term as well as long term solutions to the problems of malaria through basic, applied and operational field research.
2	National Tuberclosis Institute	Bangalore	1959	To develop a nationally applicable tuberculosis control programme on  a community basis and to train the key personnel to execute this programme in the states.
3	Indian Cancer Research Center	Mumbai	1952	To carry out mission-oriented research and development on cancers prevalent in the Indian subcontinent, and where there are internationally competitive opportunities, will use state-of-the-art technolog.
4	Indian veterinary Research Institute	Mukteshwar (H.P.), Izzatnagar (U.P.)	1889	To conduct research, provide postgraduate education and transfer of the technology in all areas of animal sciences with emphasis on animal health and production, etc.
5	Institute of Ayurvedic Studies and Research	Jamnagar (Gujarat)	2006-07	To establish a quality Ayurveda Institute for providing value added and globally relevant education based on eteral human values.
6	Vallabh Bhai Patel Chest Institute	Delhi	1949	To conduct research on basic and clinical aspects of chest medicine, to train post graduates in Pulmonary medicine and allied subjects, to develop new diagnostic technology and disseminate scientific knowledge related to chest medicine.
7	Haffkine Institute	Mumbai	1899	to support the Learning Community, Faculty, Researchers and Scientists in their day-to-day information needs, to collect, process, organize and disseminate the scientific information in Print and other media in the field of Biomedicine and allied  subjects, etc.
8	National Institute of Communicable Diseases	Delhi	1963	To provide training, service and operational research in the field of  communicable diseases and their prevention and control in the country.
9	School of Tropical Medicine	Kolkata	1921	To provide research modules in the feild of medicine in tropical and developing countries.
10	Central Leprosy Training and Research Institute	Chingelpet	1955	To provide diagnostic treatment and referral services to leprosy patients, training aspects of leprosy and its control.
11	P. G.I. Medical Education and Research	Chandigarh	1962	To provide high quality patient care, to attain self-sufficiency in postgraduate medical education and to meet the country's need for highly qualified medical teachers in all  medical and surgical fields, etc.
12	National Institute of Nutrition	Hyderabad	1918	To study the health-related nutrition and food hygiene problems and to train nutrition and food hygiene specialists.
13	National Institute of Occupational Health	Ahmedabad	1969	Epidemiological and environmental monitoring and corollary toxicological studies in hazardous occupations for recognition and evaluation of risk factors, development of tools for early diagnosis of health impairment and design of appropriate intervention measures for the prevention of hazards at work places., etc.
14	King Institute of Preventive Medicine	Guindy (Chennai)	1899	To revive the manufacturing unit according to GMP norms utilizing it as a common facility for the production of Anti snake venom, cholera and Typhoid Vaccine, etc.
15	All India Institute of Hygiene & Public Health	Kolkata	1932	To deliver  integrated occupa-   tional health care programme by conducting short term certificate course in occupational health and safety for the medical/non-medical personnel attached to different industries, research studies in the  field of occupational health and safety, etc.
16	Indian institute of health management research	Jaipur	1984	Organization and management of health system based on primary health care with particular emphasis on district health system in urban and rural areas.
17	Indian Council of Medical Research	New Delhi	1911	To augment the national capability strengthening of the institutions involved in both basic and clinical sciences in the country, etc.

GK India for UPSC Exams :Rural Development Programs

GK India for UPSC Exams :Rural Development Programs

S.No.	Rural Development Program	Year of Beginning	Objective/Description
1	Community Development Programme (CDP)	1952	Over-all development of rural areas with people's participation.
2	Rural Electrification Corporation	1969	Electrification in rural areas
3	Accelerated Rural Water Supply Programme(ARWSP)	1972-73	For providing drinking water in villages
4	Crash Scheme for Rural Employment	1972-73	For rural employment
5	National Institution for Rural Development	1977	Training, investigation and advisory organization for rural development
6	National Rural Employment Programme (NREP)	1980	To provide profitable employment opportunities to the rural poor
7	Development of Women and Children in Rural Areas (DWCRA)	1982	To provide suitable opportunities of self-employment to the women belonging to the rural families who are living below the poverty line.
8	Rural Landless Employment Guarantee Programme (RLEGP)	1983	For providing employment to landless farmers and laborers
9	National Fund for Rural Development (NFRD)	1984	To grant 100% tax rebate to donors and also to provide financial assistance for rural development projects.
10	Council for Advancement of People's Actions and Rural Technology (CAPART)	1986	To provide assistance for rural prosperity.

GK India: Research Centers Of ICAR

GK India for UPSC exams: Research Centers Of ICAR

S.No.	ICAR Research Center	Location	Year Of Estb.	Objective
1	National Research Centre on Plant Biotechnology	New Delhi	1985	To undertake research, teaching and training personnel in the modern areas of Molecular Biology and Biotechnology.
2	National Centre for Integrated Pest Management (NCIPM)	New Delhi	1988	To cater to the emerging plant protection needs of different agro-ecological zones of the country.
3	National Research Center For Citrus	Nagpur	1985	To undertake basic and applied research to develop technologies for improvement and increased productivity in citrus, etc.
4	National Research Center for Grapes	Pune	1977	To undertake the programmes involving basic and strategic research for resolving the major biotic and abiotic constraints affecting the grapes production, productivity and sustain productivity and promote diversification to wine production and other value added products
5	National Research Centre for Banana	Tamil Nadu	1993	To undertake basic and strategic research for developing technologies to enhance productivity and utilization of    Banana. To develop improved cultivars through traditional and biotechnological methods and conserve  the diversity.
6	National Research Center on Seed species	Ajmer	2000	To conduct basic and strategic research to enhance production, productivity and quality of seed spices with special reference to export and domestic demand, etc.
7	National Research Center on Pomegranate	Maharashtra	2005	To develop suitable varieties with high yield potential and quality fruits having resistance to biotic and abiotic stresses.
8	National Research Center on Orchids	Sikkim	1996	To collect, conserve, characterize and evaluate germplasm and develop National repository of orchids and bulbous flowering plants, etc.
9	National Research Center for Agroforestry	Uttar Pradesh	1988	To under take basic and applied research for developing and delivering technologies based on sustainable agroforestry prctices on              farms, marginal and wastelands for different agroclimatic zones in INDIA, etc.
10	National Camel Research Center	Rajasthan	1984	To carryout basic and applied research on camel production and health as influenced by different farming practices, etc.
11	National Research Centre on Equines	Rajasthan	1985	To improve and conserve Marwari Horses and also to produce french male Donkeys for improving indigenous donkeys and mule production.
12	National Research Center on Meat	Hyderabad	1999	To conduct basic and applied research in the frontiner areas of meat science and technology and to develop human resource for the fast growing meat sector.
13	National Research Center on Pig	Assam	----	To bring in excellence in pig production, health and product processing through innovative research in order to provide technology backstopping for enhanced pork production, employment generation and poverty reduction among socially and economically weaker sections through the medium of pig husbandry.
14	National Research Center on Yak	West Kemang	1989	To establish a small herd of pure yaks to carry out observations on performances under range and semi-range systems of management, to conduct research on improvement of yak and its products though selection and breeding with exotic frozen semen, etc.
15	National Research Institute on Mithun	Nagaland	1988	Identifiation, evaluation and characterization of mithun germplasm available in the country.  Conservation and improvement of mithun for meat and milk . To act as a repository of germplasm and information centre on mithun.
16	National Centre for Agricultural Economics and Policy Research (NCAP)	New Delhi	1991	To strengthen agricultural economics research through integration of economics input in planning, designing, and evaluation of agricultural research programs and enhancing the competence in agricultural policy analysis within the National Agricultural Research System.

GK India :Child Welfare Programs in India

GK India :Child Welfare Programs

S.No.	Child Welfare Programs	Year of Beginning	Objectives/Description
1	Integrated Child Development Services (ICDS)	1975	It is aimed at enhancing the health, nutrition and learning opportunities of infants, young children (O-6 years) and their mothers.
2	Creche Scheme for the children of working mothers	2006	Overall development of children, childhood protection, complete immunisation, awareness generation among parents on malnutrition, health and education.
3	Reproductive and Child Health Programme	1951	To provide quality Integrated and sustainable Primary Health Care services to the women in the reproductive age group and young children    and special focus on family planning and Immunisation.
4	Pulse Polio Immunization Programme	1995	To eradicate poliomyelitis (polio) in India by vaccinating all children under the age of five years against polio virus.
5	Sarva Shiksha Abhiyan	2001	All children in school, Education Guarantee Centre, Alternate School, ' Back-to-School' camp by 2003; all children complete five years of primary schooling by 2007 ; all children complete eight years of elementary schooling by 2010 ; focus on elementary education of satisfactory quality with emphasis on education for life ; bridge all gender and social category gaps at primary stage by 2007 and at elementary education level by 2010 ; universal retention by 2010
6	Kasturba Gandhi Balika Vidyalaya	2004	To ensure access and quality education to the girls of disadvantaged groups of society by setting up residential schools with boarding facilities at elementary level.
7	Mid-day meal Scheme	1995	Improving the nutritional status of children in classes I – VIII in Government, Local Body and Government aided schools, and EGS and AIE centres.Encouraging poor children, belonging to disadvantaged sections, to attend school more regularly and help them concentrate on classroom activities. Providing nutritional support to children of primary stage in drought-affected areas during summer vacation.
8	Integrated programme for Street Children	1993	Provisions for shelter, nutrition, health care, sanitation and hygiene, safe drinking water, education and recreational facilities and protection against abuse and exploitation to destitute and neglected street children.
9	The National Rural Health Mission	2005	Reduction in child and maternal mortality, universal access to public services for food and nutrition , sanitation and hygiene and universal access to public health care services with emphasis on services addressing women's and children's health universal immunization, etc.

GK India: Anti Poverty Programs in INDIA

Anti Poverty Programmes

S.No.	Anti Poverty Programmes	Year of Beginning	Objective/Description
1	Antodaya Yojana	1977	To make the poorest families of the village economically independent (only in Rajasthan)
2	Swarnajayanti Gram Swarozgar Yojana (SGSY)	1999	Assistance is given to the poor families living below the poverty line in rural areas for taking up self employment.
4	Sampoorna Gramin Rozgar Yojana (SGRY)	2001	Providing gainful employment for the rural poor.
6	Employment Assurance Scheme	1993	To provide gainful employment during the lean agricultural season in manual work to all able bodied adults in rural areas who are in need and desirous of work, but can not find it..
7	Pradhanmantri Gramodaya Yojana (PMGY)	2000	Focus on village level development in 5 critical areas, i.e. primary health, primary education, housing, rural roads and drinking water and nutrition with the overall objective of improving the quality of life of people in rural areas.
8	National Rural Employment Guarantee Scheme (NREGS)	2006	To provide legal guarantee for 100 days of wage employment to every household in the rural areas of the country each year, To combine the twin goals of providing employment and asset creation in rural areas
9	Swarnajayanti Shahari Rozgar Yojana (SJRY)	1997	It seeks to provide employment to the urban unemployed lying below poverty line and educate upto IX standard through encouraging the setting up of self employment ventures or provision of wage employment.
10	Antidaya Anna Yojana	2000	It aims at providing food securities to poor families.
11	National Housing Bank Voluntary Deposit Scheme	1991	To utilize black money for constructing low cost housing for the poor.
12	Integrated Rural Development Programme (IRDP)	1980	All Round development of the rural poor through a program of asset endowment for self employment.
13	Development of Women and Chidren in Rural Areas (DWCRA)	1982	To provide suitable opportunities of self employment to the women belonging to the rural families who are living below the poverty line.
14	National Social Assistance Programme	1995	To assist people living below the poverty line.
15	Jan Shree Bima Yojana	2000	Providing insurance security to people below poverty line.
16	Jai Prakash Narayan Rojgar Guarantee Yojana	Proposed in 2002-03 budget	Employment Guarantee in most poor districts.
17	Shiksha Sahyog Yojana	2001	Education of Children below poverty line.

BCCI Awards 2010-11

Col.C.K.Naydu Lifetime Achievement Award	Ajit Wadekar
Polly Umrigar Award	Rahul Dravid
Madhavrao Scindia Award(Highest scorer in Ranji Trophy 2010-11)	S.Badrinath (922 runs in 9 matches, inclusive of 4 100's and 4 50's)
Madhavrao Scindia Award(Highest wicket-taker in Ranji Trophy 2010-11)	Bhargav Bhat(47 wickets in 9 matches)
MA Chidambaram Trophy(Best U-16 cricketer of 2010-11)	Vijay Zol(858 runs in 7 matches, inclusive of 4 100's and 2 50's)
MA Chidambaram Trophy(Best U-19 cricketer of 2010-11)	Avi Barot(971 runs in 7 matches, inclusive of 4 100's and 3 50's)
MA Chidambaram Trophy(Best U-22 cricketer of 2010-11)	Suryakumar Yadav(721 runs in 7 matches, inclusive of 2 100's and 4 50's)
MA Chidambaram Trophy(Best Woman cricketer of 2010-11)	Jhulan Goswami(21 wickets in 8 matches)
MA Chidambaram Trophy(Best Woman cricketer (junior) of 2010-11)	Mona Meshram(623 runs in 8 matches, inclusive of 1 100 and 5 50's)
Best Umpire in Domestic cricket 2010-11	S.Ravi
Dilip Sardesai award for India's best cricketer in 2011 Test series in West Indies	Ishant Sharma(22 wickets in 3 tests)
Dilip Sardesai award for India's best cricketer in 2011 Test series against the West Indies	Ravichandran Ashwin(22 wickets in 3 tests)
Lala Amarnath Award for the best all-rounder in Ranji Trophy 2010-11	Iqbal Abdulla(385 runs and 27 wickets from 8 matches)
Lala Amarnath Award for the best all-rounder in the Domestic Tournaments 2010-11	Sumit Narwal(163 runs and 13 wickets from 6 matches)
Best Overall Performance in 2010-11	Railway Sports Promotion Board and Delhi and District Cricket Association

IBPS CWE Clerical Exam: General Awareness (with special reference to Banking Industry): Practice Set 2

IBPS CWE Clerical Exam: General Awareness (with special reference to Banking Industry): Practice Set 2


1. Which of the following bodies tightened the norms for foreign exchange risk cover in India mentioning that only companies with a networth of Rs 200 crore can use derivatives to hedge against risk of volatility in currency rates?
a. IMF b. Reserve Bank of India c. SEBI d. Union Ministry of Finance
See Answer:

2. Which body in India finally provided tax exemption on the 9.5 per cent interest income on PF deposits for 2010-11?
a. Reserve Bank of India b. Income Tax Department c. Employees’ Provident Fund Organisation d. Corporate Affairs Ministry
See Answer:

3. (1) The report on Customer Service in Banks by a committee chaired by M. Damodaran, former Chairman of the Securities and Exchange Board of India (SEBI) that was released on 3 July 2011 recommended an increased deposit insurance cover of Rs.5 lakh so as to encourage individuals to keep all their deposits in banks.
(2) The panel also suggested blocking of lost ATM cards through SMS and immediate restoration of funds in case of non-dispensation of cash at an ATM within 5 working days.
Which of the above is not true?
a. Only 1 b. Only 2 c. Both 1 & 2 d. None of the above
See Answer:

4. The Reserve Bank of India (RBI) in a bid to tame inflationary pressure hiked the short-term indicative policy rate (repo rate) by 50 basis points on 26 July 2011. The repo rate currently stands at what percentage?
a. 7% b. 7.5% c. 8% d. 8.5%
See Answer:

5. Which bank posted a 99 per cent drop in net profit at Rs 21 crore for the fourth quarter ended 31 March 2011 against Rs 1867 crore during the corresponding period in 2010?
a. Indian Overseas Bank b. State Bank of India c. Bank of India d. United Bank of India
See Answer:

6. Who did global payments processing company MasterCard appoint as the General Manager, South Asia and Country President, India?
a. T. V. Seshadri b. Vicky Bindra c. Tunde Lemo d. Ajay Banga
See Answer:

7. Government of India on 19 July 2011 appointed Usha Ananthasubramanian, former general manager of Bank of Baroda (BoB) as executive director of which public sector lender?
a. Central Bank of India b. Punjab National Bank c. United Bank of India
d. Gramin Bank
See Answer:

8. Name the public sector lender that selected Metlife as its partner for a proposed foray into the life insurance segment.
a. Syndicate Bank b. Punjab National Bank  c. Corporation Bank d. United Bank of India
See Answer:

9. Which bank signed a memorandum of understanding with Dewan Housing Finance Corporation (DHFL) under which DHFL will distribute home loans to Yes Bank's customers?
a. Canara Bank b. ABN Amro bank c. Yes Bank d. HSBC
See Answer:
10. Which life insurance company in India launched a new non-linked health insurance plan, Jeevan Arogya?
a. HDFC Standard Life Insurance Co. Ltd  b. Life Insurance Corporation of India 
c. IDBI Fortis Life Insurance Company Ltd.  d. SBI Life Insurance Co. Ltd
See Answer:

11. Which of the following public sector banks in November 2011 froze its lending to the power sector?
a. State Bank of India b. Allahabad Bank  c. Punjab National Bank
d. United Bank of India
See Answer:

12. Which Indian bank on 10 May 2011 raised benchmark prime lending rate 75 basis points to 14% following raising of interest rates by RBI by basis points on 3 May 2011?
a. State Bank of India b. Union Bank c. Punjab National Bank d. Bank of Baroda
See Answer:

13. The Reserve Bank of India on 26 April 2011 fined 19 banks, including the country's top private and foreign banks for violating its guidelines on derivatives. Which is the only public sector bank on the list of banks to be fined?
a. State bank of India b. Punjab National Bank c. Bank of India d. Indian Bank
See Answer:

14. The Reserve Bank of India on 25 August 2011 released its Annual Report for 2010-11. Which of the following was not discussed in the Annual Report the Central Board of the RBI?
a. assessment of the macroeconomic performance during 2010-11
b. prospects for 2011-12
c. working and operations of the Reserve Bank and its financial accounts
d. role of regulatory bodies in controlling the financial markets
See Answer:

15. Reserve Bank of India (RBI) panel headed by headed by Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) on 29 August 2011 came up with suggestion on non-banking finance company (NBFC). Which of the following related to this statement is not true?
1. The panel suggested the central bank to insist on a minimum asset size of more than Rs.25 crore for registering any new non-banking finance company (NBFC)
2. Transfer of shareholding, direct or indirect, of 25 per cent and above, change in control, merger or acquisition of any registered NBFC will require prior approval of the Reserve Bank.
3. Tier-I capital for capital to risk weighted assets ratio (CRAR) purposes would be specified at 12 per cent to be achieved in three years for all registered deposit-taking and non-deposit-taking NBFCs.
4. NBFCs would be subject to regulations similar to banks while lending to stock brokers and merchant banks and similar to stock brokers, as specified by the Securities and Exchange Board of India (SEBI)
a. 1 & 4  b. 2 & 4  c. Only 4  d. Only 1
See Answer:

16. Which Indian PSU bank in tune with its plans to expand its retail division in the UK entered the mortgage market in the country for the first time?
a. Punjab National Bank b. Oriental Bank of Commerce c. State bank of India
d. Indian Overseas Bank
See Answer:

17. Which of the following banks set up two loan processing centres for the small and medium enterprise (SME) segment on a pilot basis in Bangalore & in New Delhi in September 2011?
a. Corp Bank  b. United Bank of India  c. Syndicate Bank  d. Bank of Baroda
See Answer:

18. The government suspended M Ramadoss for alleged violations in issuing insurance cover to an airline during his stint as head of another state-run insurer. To which insurance group did he belong to?
a. New India Assurance b. LIC  c. GIC  d. ICICI Insurance
See Answer:

19. Which of the following banks in early May 2011 entered into a tie-up with non-banking finance companies such as Future Capital, Bajaj Finance, and Reliance Capital to grow its retail portfolio?
a. Central Bank of India  b. State Bank of India  c. Bank of India  d. HDFC Bank
See Answer:

20. Which are the two Gujarat-based cooperative sector lenders on which Reserve bank of India imposed a financial penalty of Rs 1 lakh each for violation of various rules, including anti-money laundering guidelines?
1. Shree MahalaxmiMercantile Co-operative Bank
2. Rander People's Co-operative Bank
3. Abad District Co Op Bank
4. Ahd Mercantile Co-Op Bank Ltd
a. 1 & 2
b. 2 & 3
c. 1 & 4
d. 3 & 4
See Answer:

IBPS CWE Clerical Exam: General Awareness (with special reference to Banking Industry): Practice Set 1

IBPS CWE Clerical Exam: General Awareness (with special reference to Banking Industry): Practice Set 1

1. Which of the following bodies tightened the norms for foreign exchange risk cover in India mentioning that only companies with a networth of Rs 200 crore can use derivatives to hedge against risk of volatility in currency rates?
a. IMF  b. Reserve Bank of India c. SEBI  d. Union Ministry of Finance
See Answer:


2. Which body in India finally provided tax exemption on the 9.5 per cent interest income on PF deposits for 2010-11?
a. Reserve Bank of India  b. Income Tax Department  c. Employees’ Provident Fund Organisation  d. Corporate Affairs Ministry
See Answer:


3. (1) The report on Customer Service in Banks by a committee chaired by M. Damodaran, former Chairman of the Securities and Exchange Board of India (SEBI) that was released on 3 July 2011 recommended an increased deposit insurance cover of Rs.5 lakh so as to encourage individuals to keep all their deposits in banks.
(2) The panel also suggested blocking of lost ATM cards through SMS and immediate restoration of funds in case of non-dispensation of cash at an ATM within 5 working days.
Which of the above is not true?
a. Only 1
b. Only 2
c. Both 1 & 2
d. None of the above
See Answer:


4. Which of the following countries topped the list of medals at the World Athletics Championships in Daegu, South Korea ?
(A) USA  (B) Kenya  (C) Jamaica (D) South Africa
See Answer:


5. India, on 24 August 2011 signed (Double Taxation Avoidance Agreement) with which one of the following countries ?  
(A) Georgia  (B) Sri Lanka  (C) Pakistan  (D) UK
See Answer: 


6. UNCTAD's Trade and Development Report 2011 launched in New Delhi on 6 September 2011projected an economic growth of what per cent for India in 2011 ?
(A) 8%  (B) 8.1%  (C) 9.2%  (D) 8.6%
See Answer:


7. Russian and US scientists launched an expedition to study emission of___ gas in the eastern Arctic.
(A) Methane  (B) Carbon-Di-Oxide  (C) Sulfur-Di-Oxide  (D) Ozone
See Answer:


8. Name the Maoists Vice-Chairman who was on 28 August 2011 elected Nepal's 35th prime minister marking the country’s attempt to form a stable government after extended political uncertainty.
(A) Baburam Bhattarai  (B) Sher Bahadur Deuba  (C) Surya Bahadur Thapa 
(D) Jhalanath Khanal
See Answer:


9. Indian rupee on 7 September 2011 settled at one-year low against the US currency. What was the value of the India value vis-à-vis the US currency ?
(A) 46.16/17 (B) 46  (C) 45.32/33  (D) 45
See Answer:


10. How many Indian companies were ranked among the top 200 Asia-Pacific corporations in Forbes Asia's 'Best Under a Billion' list for 2011 released on 31 August 2011 ?
(A) 65  (B) 35 (C) 23  (D) 14
See Answer:

11. Reserve Bank of India (RBI) panel headed by Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) on 29 August 2011 came up with suggestion on non-banking finance company (NBFC). Which of the following related to this statement is not true ?
1. The panel suggested the central bank to insist on a minimum asset size of more than Rs.25 crore for registering any new non-banking finance company (NBFC)
2. Transfer of shareholding, direct or indirect, of 25 per cent and above, change in control, merger or acquisition of any registered NBFC will require prior approval of the Reserve Bank.
3. Tier-I capital for capital to risk weighted assets ratio (CRAR) purposes would be specified at 12 per cent to be achieved in three years for all registered deposit-taking and non-deposit-taking NBFCs.
4. NBFCs would be subject to regulations similar to banks while lending to stock brokers and merchant banks and similar to stock brokers, as specified by the Securities and Exchange Board of India (SEBI)
(A) 1 & 4  (B) 2 & 4  (C)  Only 4  (D) Only 1
See Answer:


12.  North Korea agreed to start international talks on denuclearization of the Korean peninsula. This was agreed during the visit of North Korean leader Kim Jong Ii to__.
(A) Russia  (B) China  (C) UK  (D) South Korea
See Answer: 


13. According to data released by the commerce and industry ministry on 20 October 2011 food inflation inflation stood at what percentage in the week ended 8 October 2011?
(A) 10.6%  (B) 10.54%  (C) 10.33%  (D) 10.91%
See Answer:


14. The Reserve Bank of India panel to review facilities for individuals under FEMA (Foreign Exchange Management Act) submitted report on 10 August 2011. With regard to the following which of the following is not true
A. In the report it mentioned that the concept of non-repatriation basis or non-repatriable funds was outdated.
B. Since non-residents were given the freedom to remit $1 million annually, it was compulsory to maintain procedures under FEMA.
C. The report suggested the procedural knots in the system need to be untied to enable the present forex liberalisation to be effective.
D. Issue of take-overs underwent changes in the past and now are taken care of under the ambit of SEBI regulations and using FEMA for this purpose is superfluous and an unnecessary.
(1) 2 & 4  (2) Only 2  (3) 1 & 4  (4) Only 4
See Answer:


15. Name the Irish poet and human rights activist who was named Ireland’s ninth president on 30 October 2011 after winning 57% of votes in the final count of the presidential election held on 27 October 2011.
(1) Michael D Higgins  (2) Mary McAleese  (3) Douglas Hyde  (4) Mary Robinson
See Answer:


16. Which of the following public sector banks in November 2011 froze its lending to the power sector?
(1) State Bank of India  (2) Allahabad Bank  (3) Punjab National Bank
(4) United Bank of India
See Answer:


17. Who became the first Indian tennis player ever to win the Canadian U-18 ITF Junior World Ranking Championship on 17 July 2011?
(1) Ambika Pandey  (2) D Harika  (3) Koneru Humpy  (4) Chekrovolu Swuro
See Answer:


18. Who did the Union government appoint on 23 July 2011 as the Solicitor-General, the second senior most law officer of India?
(1) Fali S Nariman  (2) Rohinton Nariman  (3) Gopal Subramanium
(4) Harish Salve
See Answer:


19. India registered a __ per cent increase in tiger population in 2010, according to a report, Status of tigers, co-predators and prey in India-2010, released on 28 July 2011.
(1) 20  (2) 30  (3) 15  (4) 12
See Answer:


20. According to the WPI data released by the Commerce and Industry Ministry on 3 November 2011, food inflation surged to what per cent for the week ended 22 October 2011 owing to soaring prices of various edibles such as vegetables, fruits, pulses, milk and all other protein-rich items?
(1) 11.55%  (2) 12.25%  (3) 12.21%  (4) 11.12%
See Answer:


21. World Investment Report 2011 was released by UNCTAD on 26 July 2011. According to the report, what is India’s position among the top 20 Foreign Direct Investment (FDI) recipients?
(1) 8th  (2) 10th  (3) 14th  (4) 4th
See Answer:


22. The First Trojan Asteriod of earth discovered by the scientists. What is its name?
(1) 2010TK7  (2) 2010KT7  (3) 2010XY  (4) 2010YX
Ans:  (1)


23. Billionaire entrepreneur Ajay Piramal purchased 5.5% stake in which of the following mobile service providers for Rs. 2900 crore, or $640 million?
(1) Idea Cellular  (2) Vodafone Essar  (3) Bharti Airtel  (4) MTNL
See Answer:


24. The Reserve Bank of India (RBI) in a bid to tame inflationary pressure hiked the short-term indicative policy rate (repo rate) by 50 basis points on 26 July 2011. The repo rate currently stands at what percentage?
a. 7%  b. 7.5%  c. 8%  d. 8.5%
See Answer:


25. Which bank posted a 99 per cent drop in net profit at Rs 21 crore for the fourth quarter ended 31 March 2011 against Rs 1867 crore during the corresponding period in 2010?
a. Indian Overseas Bank  b. State Bank of India  c. Bank of India
d. United Bank of India
See Answer:


26. Who did global payments processing company MasterCard appoint as the General Manager, South Asia and Country President, India?
a. T. V. Seshadri  b. Vicky Bindra c. Tunde Lemo d. Ajay Banga
See Answer:


27. Government of India on 19 July 2011 appointed Usha Ananthasubramanian, former general manager of Bank of Baroda (BoB) as executive director of which public sector lender?
a. Central Bank of India  b. Punjab National Bank  c. United Bank of India
d. Gramin Bank
See Answer:


28. Name the public sector lender that selected Metlife as its partner for a proposed foray into the life insurance segment.
a. Syndicate Bank  b. Punjab National Bank  c. Corporation Bank
d. United Bank of India
See Answer:


29. Which bank signed a memorandum of understanding with Dewan Housing Finance Corporation (DHFL) under which DHFL will distribute home loans to Yes Bank's customers?
a. Canara Bank  b. ABN Amro bank  c. Yes Bank  d. HSBC
See Answer:


30. Which life insurance company in India launched a new non-linked health insurance plan, Jeevan Arogya?
a. HDFC Standard Life Insurance Co. Ltd   b. Life Insurance Corporation of India 
c. IDBI Fortis Life Insurance Company Ltd.   d. SBI Life Insurance Co. Ltd
See Answer:


31. Which of the following public sector banks in November 2011 froze its lending to the power sector?
a. State Bank of India  b. Allahabad Bank  c. Punjab National Bank
d. United Bank of India
See Answer:


32. Which Indian bank on 10 May 2011 raised benchmark prime lending rate 75 basis points to 14% following raising of interest rates by RBI by basis points on 3 May 2011?
a. State Bank of India  b. Union Bank  c. Punjab National Bank
d. Bank of Baroda
See Answer:


33. The Reserve Bank of India on 26 April 2011 fined 19 banks, including the country's top private and foreign banks for violating its guidelines on derivatives. Which is the only public sector bank on the list of banks to be fined?
a. State bank of India  b. Punjab National Bank c. Bank of India
d. Indian Bank
See Answer:


34. The Reserve Bank of India on 25 August 2011 released its Annual Report for 2010-11. Which of the following was not discussed in the Annual Report the Central Board of the RBI?
a. assessment of the macroeconomic performance during 2010-11
b. prospects for 2011-12
c. working and operations of the Reserve Bank and its financial accounts
d. role of regulatory bodies in controlling the financial markets
See Answer:


35. Which Indian PSU bank in tune with its plans to expand its retail division in the UK entered the mortgage market in the country for the first time?
a. Punjab National Bank  b. Oriental Bank of Commerce  c. State bank of India
d. Indian Overseas Bank
See Answer:


36. Which of the following banks set up two loan processing centres for the small and medium enterprise (SME) segment on a pilot basis in Bangalore & in New Delhi in September 2011?
a. Corp Bank  b. United Bank of India  c. Syndicate Bank  d. Bank of Baroda
See Answer:


37. The government suspended M Ramadoss for alleged violations in issuing insurance cover to an airline during his stint as head of another state-run insurer. To which insurance group did he belong to?
a. New India Assurance  b. LIC  c. GIC  d. ICICI Insurance
See Answer:

38. Which of the following banks in early May 2011 entered into a tie-up with non-banking finance companies such as Future Capital, Bajaj Finance, and Reliance Capital to grow its retail portfolio?
a. Central Bank of India  b. State Bank of India  c. Bank of India
d. HDFC Bank
See Answer:

39. Which are the two Gujarat-based cooperative sector lenders on which Reserve bank of India imposed a financial penalty of Rs 1 lakh each for violation of various rules, including anti-money laundering guidelines?
1. Shree MahalaxmiMercantile Co-operative Bank  2. Rander People's Co-operative Bank  3. Abad District Co Op Bank  4. Ahd Mercantile Co-Op Bank Ltd
a. 1 & 2  b. 2 & 3  c. 1 & 4  d. 3 & 4
See Answer:

Gurgaon Gramin Bank Clerk Exam 2011 solved paper

Gurgaon Gramin Bank Clerk Exam., 2011(Held on 5-6-2011)
General English : Solved Paper

Directions–(Q. 1–15) Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.

Once there was an elderly widow, Chen Ma, who lived with her only son inside a forest in the Shanxi Province. Her son was one of the tiger hunters licensed by the local magistrate. His share of the profits from the sale of tiger skins, meat and bones was sufficient to keep the small mud hut well provisioned for himself and his old mother. All was well until a particularly bitter winter. During a snowstorm, Chen Ma's son was separated from his fellow hunters and became food for a hungry tigress.

After her initial shock and grief subsided, Chen Ma took stock of her own utterly desperate situation. She went and implored the magistrate to provide her with compensation for the loss of her son, who was her only source of support. The magistrate decreed that henceforth, she would have a small share of profits from the kill of each tiger by the hunters. Needless to say, his decision was not taken well by the hunters, who had plenty of mouths of their own to feed. So, when the hunters succeeded in killing the tigress that ate Chen Ma's son, they decided not to give her a share of the profits. Instead, they brought her the tigress' newborn cub. He was a small quivery ball of golden fur with wobbly legs and toothless gums. Instantly, Chen Ma's heart went out to this helpless creature.

After the hunters left, the tiger cub wobbled to where Chen Ma sat and lay at her feet. She bent down to rub his ears and he licked her shoes. The elderly widow looked at the tiger baby and sighed. "They told me to butcher you, to salt and smoke your flesh for my meat supply. Your skin would make warm boots for my feet; your bones are good for making balm to ease the pain in my joints. But oh, how can I bear to kill you ?" And so, Chen Ma untied the rope from the little tiger's neck and fed him a paste of cooked roots with her fingers. Her son had a good supply of grains and roots in the attached shed. When the store of the firewood was running low, Chen Ma slept curling against the baby tiger, whose soft fur was cozy and warm.

Once ever so often, women from nearby villages would bring sewing for Chen Ma to do. She was very handy with a needle. They paid her for her labour with small sacks of grain. At first they did not find the little tiger's presence alarming; he was no bigger than a piglet. However, when spring came, he had grown into the size of a calf, showing a full set of teeth and claws. The women told their hunter husbands and the men came to kill the young tiger.

Chen Ma armed herself with her son's hunting spear arid threatened to gut anyone who dared to harm her beloved pet. "I've lost both husband and son. This tiger is the only companion I have now. I shall go to the magistrate and request to adopt him as my son."

The hunters thought the old woman had become mad and jeered at her. But since she was so determined, they dared not kill her tiger without the magistrate's permission. So they followed Chen Ma and her tiger all the way to the official's judgement hall.

"Venerable Mother," said the magistrate. "Your request is most unusual. Are you not afraid that someday the tiger might revert to his wild nature and devour you ?"

"Honourable sir ," replied the old widow with tears in her eyes. "What is there to fear ? I have lived too long. The only worry I have now is being left utterly alone. Please let me adopt this young tiger, for he has become like a son in my affections."

The kind magistrate did not have the heart to refuse such an ancient woman's pleading. So he had his assistant draw up a document for the tiger's adoption. In order to protect the tiger from the hunters' arrows and spears, the magistrate ordered a large copper pendent made to hang around the beast's neck. The words 'Fu Chee' were engraved on the pendent meaning Tiger Son. To show her deep gratitude, Chen Ma knelt down in front of the magistrate. Then she led Fu Chee back to their home in the forest.

By next winter, Fu Chee had grown into his maximum size. Chen Ma's hut was in danger of collapsing whenever the tiger became playful. Reluctantly, she allowed Fu Chee to make his home inside a cave nearby.

However, the affectionate tiger came back to visit his adopted mother often. Also, he still liked to lick her shoes and to have his ears rubbed. Chen Ma's needs were being cared for just as if her natural son was still alive! After Chen Ma died at the ripe old age past one hundred, the hunters noticed Fu Chee guarded her tomb nightly. They left him undisturbed as he had never attacked any humans or domestic animals. This went on for a number of years and then one day the tiger was seen no more.

Out of deep respect and admiration for the filial tiger son, the hunters erected a small stone monument at Chen Ma's tomb with Fu Chee's story engraved on it. Henceforth, Fu Chee became a household legend in that part of Shanxi Province.

1. Why did Chen Ma not kill the tiger cub ?
(A) She found the cub helpless
(B) The cub was a gift from the hunters and she cherished it
(C) The magistrate had asked her not to kill the cub
(D) The cub immediately reminded her of her son
(E) She was too afraid of the cub to go near him
Ans : (A)

2. Why was a stone monument of Fu Chee erected at Chen Ma's tomb ?
(A) It was because Chen Ma had loved only Fu Chee her entire life and no one else
(B) It was out of fear of Fu Chee who was adopted by Ch~n Ma
(C) It was so that Fu Chee would not attack any humans or animals after Chen Ma's death
(D) It was out of reverence for Fu Chee who came to Chen Ma's tomb regularly after her death
(E) Not mentioned in the passage
Ans : (D)

3. How did Chen Ma's son die ?
(A) He had died while fighting for his province
(B) He was eaten by a tigress
(C) He was sentenced to death by the magistrate
(D) He was killed by the hunters
(E) He died of old age
Ans : (B)


4. Why did the hunters come to kill the tiger at Chen Ma's house ?
(A) The tiger had attacked the hunter's wives when they had visited Chen Ma' s house
(B) The tiger had displayed signs of aggression when the hunters had visited Chen Ma's
house
(C) The tiger had grown big and the hunters' wives were afraid of him
(D) There Were no other tigers left in the province to kill
(E) They wanted to seek revenge from Chen Ma because she had been getting free food from them
Ans : (C)

5. Which of the following characteristics can be attributed to Chen Ma from the story ?
(a) She was loving
(b) She was crazy.
(c) She was brave.
(A) Only (a)
(B) Only (a) and (c)
(C) All. (a), (b) and (c)
(D) Only (c)
(E) Only (b) and (c)
Ans : (B)

6. Why did the hunters give Chen Ma a tiger cub ?
(A) So that the magistrate would never make such unreasonable demands from the hunters in the future
(B) So that she could have a companion now that her son was dead
(C) So that she could kill him and use his flesh and bones
(D) So that she could take back her request to the magistrate
(E) So that she could get revenge for her son's death
Ans : (E)

7. Why did Chen Ma go to the magistrate the second time ?
(A) She wanted to adopt the tiger and make him her son
(B) She wanted the magistrate to name him
(C) She wanted the magistrate to punish all the hunters of the province
(D) She wanted the magistrate to build a cave for the tiger
(E) She wanted the magistrate to compensate her for the death of her son
Ans : (A)

8. Which of the following can be said about Fu Chee ?
(a) He was loyal.
(b) He was affectionate.
(c) He hunted down humans.
(A) Only (b)
(B) Only (c)
(C) Only (a)
(D) Only (a) and{b)
(E) Only (a) and (c)
Ans : (D)

9. Which of the following can be the most appropriate title for the passage/story ?
(A) Chen Ma and The Hunters
(B) The Kind Magistrate
(C) The Hunters of Shanxi
(D) The Self-Sacrificing Mother
(E) Fu Chee-The Loyal Tiger
Ans : (E)

10. Why did Chen Ma not allow the hunters to kill the tiger ?
(A) She believed that the tiger guarded her well
(B) She wanted to use the tiger's flesh for her own consumption
(C) She wanted to become popular as the only woman to have adopted a tiger
(D) She wanted the tiger to guard her tomb after her death
(E) She loved the tiger
Ans : (E)

Directions– (Q. 11–13) Choose the word/group of words which is most similar in meaning to the word/group of words printed in bold as used in the passage.

11. JEERED
(A) Boasted
(B) Feared
(C) Mocked
(D) Encouraged
(E) Called
Ans : (C)

12. ALARMING
(A) Awakening
(B) Soothing
(C) Alerting
(D) Placating
(E) Frightening
Ans : (E)

13. GUT
(A) Kill
(B) Brave
(C) Reward
(D) Praise
(E) List
Ans : (A)

Directions– (Q. 14–15) Choose the word/group of words which is most opposite in meaning to the word/group of words printed in bold as used in the passage.

14. PROTECT
(A) Discard
(B) Endanger
(C) Uncover
(D) Shield
(E) Save
Ans : (E)

15. UNTIED
(A) Closed
(B) Reacted
(C) Fastened
(D) Shut
(E) Removed
Ans : (E)

Directions– (Q. 16–20) Which of the words (A), (B), (C), (D) and (E) given below each sentence should fill the blank in the sentence to make it grammatically and meaningfully correct ?

16. Naresh owed me a significant of …………..money.
(A) sums
(B) cash
(C) token
(D) load
(E) amount
Ans : (E)

17. Kirti would not have passed the exams…………..her brother not helped her .
(A) since
(B) whether
(C) had
(D) since
(E) if
Ans : (B)

18. This story…………..us how the noble heroes of the past adhered to the principle of truth and honesty .
(A) understands
(B) narrates
(C) says
(D) tells
(E) depicts
Ans : (D)

19. The weeping mother tried to make her son do as she wished, I but he was………….. (A) ignored
(B) refused
(C) adamant
(D) agreeable
(E) removed
Ans : (C)

20. A foolish man will insult his superiors with harsh words whereas a wise man will maintain…………..
(A) noise
(B) silence
(C) composed
(D) quite
(E) relation
Ans : (B)

Directions– (Q. 21–25) In each question below, a sentence with four words printed in bold type is given. These are lettered as (A), (B), (C) and (D). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word which is wrongly spelt or inappropriate, if any. The letter of that word is your answer. If all the words printed in bold are correctly spelt and also appropriate in the context of the sentence, mark (E) i.e., All correct' as your answer.

21. Everyone (A) in office agrees (B) that your (C) very intelligent. (D) All correct. (E)
Ans : (C)

22. Crying (A) is journally (B) considered (C) to be a negative (D) emotion. All correct. (E)
Ans : (B)

23. Soon enogh (A) Amogh returned (B) home safe (C) and unscathed. (D) All correct (E)
Ans : (A)

24. The meating (A) went on smoothly (B) without any glitch (C) and every. body congratulated (D) the speaker. All correct (E)
Ans : (A)

25. Gaurang wowed (A) to never (B) smoke a cigarette ever again (C) in his entire (D) life. All correct (E)
Ans : (A)

Directions– (Q. 26–30) Rearrange the following six sentences (a), (b), (c), (d), (e) and (f) in the proper sequence to form a meaningful paragraph; then answer the questions given below them.
(a) That very night those Sages had a great ceremony for the purpose of doing good to the wife of the King, but the King did not know that.
(b) The King saw the jar of water on the altar and without stopping to think he went quickly towards it and drank up all the water.
(c) The King came forward at once and truthfully owned that he, being very thirsty, had drunk the water.
(d) It happened once that King Ashoka, who had been observing a great fast and was suffering from hunger and thirst, entered the hermitage of some great Sages quite late in the night.
(e) Soon after the Sages awoke and found that there was no water in the jar, and they began to ask who would have done such a thing as take the water they had prepared for the King's wife from off the altar.
(f) The Sages had a large jar of water which they had blessed and made holy to cure the King's wife, and they put the jar on the altar and then went to sleep, for they were very tired.

26. Which of the following should be the FIRST sentence after rearrangement ?
(A) (a)
(B) (b)
(C) (c)
(D) (d)
(E) (e)
Ans : (D)

27. Which of the following should be the SECOND sentence after rearrangement ?
(A) (a)
(B) (b)
(C) (c)
(D) (d)
(E) (f)
Ans : (A)

28. Which of the following should be the THIRD sentence after rearrangement ?
(A) (a)
(B) (b)
(C) (c)
(D) (d)
(E) (f)
Ans : (E)

29. Which of the following should be the FOURTH sentence after rearrangement ?
(A) (a)
(B) (b)
(C) (c)
(D) (e)
(E) (f)
Ans : (B)

30. Which of the following should be the LAST (SIXTH) sentence after rearrangement ?
(A) (f)
(B) (e)
(C) (d)
(D) (c)
(E) (b)
Ans : (D)

Directions– (Q. 31–40) Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E). (Ignore errors of punctuation, if any.)

31. We were not exactly (A) / in the beach, but were (B) / close enough to taste (C) / the salt in the air. (D) No error (E)
Ans : (B)

32. Tina sat on her bed (A) / and read a book till (B) / it was time for her to (C) / go to sleep. (D) No error (E)
Ans : (E)

33. It was lately morning (A) / when the soldiers (B) / came knocking (C) / on the door. (D) No error (E)
Ans : (A)

34. Puneet looked up (A) / for see customers crowding into (B) / his shop to get a free sample (C) / of his new delicacy. (D) No error (E)
Ans : (B)

35. Jimmy was made to (A) / sit in an office which (B) / was empty except (C) / than two chairs and one table. (D) No error (E)
Ans : (D)

36. The dog leapt (A) / forward, breaking (B) / free from (C) / its owner's grasp. (D) No error (E)
Ans : (E)

37. She threw herself (A) / into her mother's arms (B) / and weep (C) / with sorrow. (D) No error (E)
Ans : (C)

38. Krupa had heard (A) / Mahesh yelling (B) / and thought it best (C) / to left him alone. (D) No error (E)
Ans : (D)

39. Robert looked at (A) / his friend who, according to (B) / his mother, was (C) / a very mischievous boy. (D) No error (E)
Ans : (E)

40. Although Gopi could not see (A) / who was shootirig at him, (B) / he started crawling away (C) / drag his bag behind him. (D) No error (E)
Ans : (D)

Directions– (Q. 41–50) In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.

One day, overnight, the world turned violet. Just ...(41)... everything turned violet from the sky and ocean and mountains to the trees and animals and people and from the tallest skyscrapers to the tiniest ant. People sat around looking at one another wondering if they were dreaming. But things stayed violet, all except for a single Blue Jay who hadn't changed colour and stayed the brightest blue. Being the only thing in the world that wasn't violet, he was ...(42)... and put in a cage. People were shocked as whole families Were violet as were teachers, movie stars, doctors, nurses, gas station attendants, everybody. The smartest scientists in the world gathered to ...(43)... it out. They did studies and tests and analyzed and evaluated and debated and wrote article after article, but couldn't explain it. The colour of the Blue Jay became a big issue because he had such a little bit of blue and the world had such a whole lot of violet. People argued about the importance of that. Some said the Blue Jay must be a very special bird or may be not a bird at all because he alone had kept his true colour. Others said this was silly, that the Blue Jay ate bird seed and drank water and fluffed his feathers and that other ...(44)... his special colour he was still just a bird. It was exactly one year to the day after the world had turned violet th'at people awoke to find the world had turned yellow. All except the Blue Jay. Now the Blue Jay was ...(45)... important than ever because he alone had stayed the colour blue and people argued about what that meant. They lined up for miles just to take a look at him.

For the next two years, exactly on the day the world had turned violet and then yellow, It turned new colours : first orange and then pink. Still the Blue Jay stayed blue, ...(46). ..every greater disagreement -until in the fifth year the whole world turned blue. The first thing people asked was what about the Blue Jay. ...(47)... he stayed blue ? Yes, he was still the same colour. No ...(48). ..were there two colours in the world, but just one -the colour blue. And because the Blue Jay was a colour like everybody and everything else somebody let him out of his cage and he flew off looking happy to be free. The very next morning the world ...(49) ...its rainbow of colours as if nothing had ever ...(50) At first this was a novelty but soon people forgot the world had once been all violet, then turned yellow, then orange, then pink and then blue.

41. (A) with
(B) all
(C) about
(D) almost
(E) from
Ans : (D)

42. (A) killed
(B) capture
(C) pushed
(D) caught
(E) lift
Ans : (D)

43. (A) figure
(B) spread
(C) find
(D) explain
(E) measure
Ans : (B)

44. (A) besides
(B) then
(C) but
(D) feature
(E) than
Ans : (E)

45. (A) more
(B) many
(C) least
(D) supreme
(E) very
Ans : (A)

46. (A) making
(B) seeing
(C) growing
(D) becoming
(E) causing
Ans : (E)

47. (A) Does
(B) Did
(C) Was
(D) Had
(E) Is
Ans : (D)

48. (A) time
(B) longer
(C) on
(D) doubt
(E) much
Ans : (B)

49. (A) get
(B) granted
(C) regained
(D) receive
(E) shed
Ans : (C)

50. (A) created
(B) happened
(C) become
(D) changes
(E) occur
Ans : (B)

Current Affair( Sep-Oct 2011) on Business & Economy for IBPS Clerical- 2011

Current Affair( Sep-Oct 2011) on Business & Economy for IBPS Clerical- 2011 

1. According to the 2010-11 advance estimates released by the Central Statistics Office (CSO), the agriculture and allied sector accounted for what percent of the Gross Domestic Product (GDP) (Base year 2004-05)?
a. 16.7% b. 15.5% c. 14.2% d. 12.6%

2. The World Bank recently extended a $200 million loan to  which of the following states for improving basic infrastructure facilities in urban and rural 

areas?

a. Bihar b.  Rajasthan c.  Kerala d.  Punjab

3. According to the 2011-12 budget, the 'India Microfi nance Equity Fund' of  Rs.100 crore is created with a renowned government agency. The name of that agency is:

a. NHB b.  NABARD  c.  SIDBI d.  RRB


4. What does the letter 'A' stands in the term LAF?
a. Adjustment  b. Appropriation  c. Amalgmation d. Amortization


5. Wipro BPO, the business process outsourcing arm of Wipro Technologies, recently opened its fi rst rural centre in which of the following states?
a. Karnataka b. Tamil Nadu c. Odisha d. Maharashtra


6. Which neighbor country recently agreed to grant Most Favoured Nation status to India?
a. Bhutan b. Nepal c. Pakistan d. Afghanistan


7. According to global business  information provider Dun and Bradstreet, which of the following states is poised to emerge as a major economic force in the country due to sustained efforts being made by this state?
a. Uttar Pradesh b. Madhya Pradesh c. Punjab d. Tamil Nadu


8. Which, among the following banks, is mulling an entry into four Asian cities by opening overseas branches with a view towards increasing its international footprint?
a. Punjab National Bank b. Allahabad Bank c. Indian Overseas Bank d. South India Bank


9. Who, among the following people, has been conferred with the degree of Doctor of Science (Honoris Causa) by the Indian Institute of Technology, Kharagpur?
a. Ratan Tata b. Mukesh Ambani c. Sunil Mittal d. Sachin Tendulkar


10. Which power company recently  announced a partnership with the Korea East-West Power Co, a Korean government company, for setting up power plants with a combined capacity of up to 6000 megawatt?
a. Sahara India Power  Corporation b. Reliance Power c. Tata Power d. NTPC


11. Vedanta Group firm Sesa Goa will stop mining in which of the following states with immediate effect following the Supreme Court's order?
a. Orissa b. Andhra Pradesh c. Karnataka d. Rajasthan


12. Who will become the President  of Standard & Poor with effect  from September 12?
a. Dellep Nayar b. Douglas Peterson c. Michelle Roberto d. Jonathan Dennison


13. The National Clean Energy Fund  has been created by introducing  clean energy cess on coal produced in India at a nominal rate of:
a.  Rs.50 /Kg  b. Rs.100 /Kg  c.Rs.200 /Kg   d.Rs.10 /Kg
14. Recently, India signed a Memorandum of Understanding on manpower - revising existing mechanisms to protect the interests of Indian workers - with which of the following countries?
a. UAE b. Saudi Arabia c. Australia d. Indonesia


15. Which of the following leading drug majors said it had drawn up an ambitious plan to spend nearly 200 million yen (over Rs10 crore) to sponsor mobile healthcare field clinics in India?
a. Ranbaxy b. Cipla c. Cadila d. Aventis


16. How many Indian companies  are ranked among the top 200 Asia-Pacific corporations in Forbes Asia's Best under a Billion list for this year?
a.  20 b.  25 c.  30 d.  35


17. KG Basin is known for the availability of:
a. Natural gas b. Mercury c. Coal d. Diamonds


18. What is the target for growth rate set in the 12th fi ve year plan of India?
a. 9-9.5%   b. 9.5-10%  c. 10-10.5% d. 10.5-11%


19. State Government of which  of the following states is formulating an action plan to achieve total literacy by 2013?
a. Andhra Pradesh b. Kerala c. Karnataka d. Tamil Nadu


20. According to the seismic map  prepared by the Bureau of Indian Standards, what percentage area of the country falls into earthquake zone V (very  high risk), IV (high risk) and III  (moderate risk)?
a. 20.5% b. 35.7% c. 47.8%  d. 58.6%


21. . Which of the following cities  is going to host World Water  Summit in February 2012?
a. New Delhi b. Mumbai  c. Bengaluru  d. Chennai


22. Online media company Yahoo has fired its Chief Executive Of-ficer. His name is:
a. Carol Bartz  b. Bill Gamell c. Sidney Homes  d. Gilbert Blith


23. The United Nations Conference on Trade and Development  (UNCTAD) has projected which country as the fastest growing economy?
a. India  b. China  c. United States  d. Russia


24.  The Ceylon Electricity Board (CEB) and NTPC signed a joint venture and shareholder agreement to set up a 500-MW (2 x 250 MW) coal-based power plan in which of the following countries?
a. Sri Lanka b. India c. Nepal d. Bhutan


25.  DU Sastry who recently passed  away, was a famous:
a. Economist  b. Traveller c. Investment banker d. Business correspondent





ANSWERS:
1. c. 14.2%
2. c. Kerala
3. c. SIDBI
4. a. Adjustment
5. b. Tamil Nadu
6. c. Pakistan
7. b. Madhya Pradesh
8. b. Allahabad Bank
9. c. Sunil Mittal
10. a. Sahara India Power Corp.
11. c. Karnataka
12. b. Douglas Peterson
13. a. Rs. 50 /Kg
14. a. UAE
15. a. Ranbaxy
16. d. 35
17. a. Natural gas
18. a. 9-9.5%
19. a. Andhra Pradesh
20. d. 58.6%
21. c. Bengaluru

22. a. Carol Bartz
23. b. China
24. a. Sri Lanka
25. a. Economis