Institute of Banking Personnel Selection : Download Clerk PO Solved Question Papers

Institute of Banking Personnel Selection

IBPS PO/ Clerk Solved Sample Question Papers

Q. RBI, in its annual policy for 2011-12, has estimated the wholesale price inflation at about which among the following fractions by March 2012?

1. 5%
2. 6%
3. 8%
4. 9%

Q. Who amongst the following was India’s official candidate for the post of UNO’s Secretary Gene- ral ?

1. Mr. Shyam Saran
2. Dr. Rangarajan
3. Mr. Shashi Tharoor
4. Mr. Vijay Nambiar
5. None of these

Q. In India Census is done after a gap of every____________

1. Five years
2. Seven years
3. Eight years
4. Ten years
5. Fifteen years

Q. Which of the following pheno-menon is considered responsible for ‘Global Warming’?

1. Greenhouse Gas Effect
2. Fox Fire
3. Dry Farming
4. Radioactivity
5. None of these

Q. Which of the following Satellites recently dedicated to nation helps Direct to Home Television Service in India ?

1. Matsat
2. Edusat
3. Insat–4b
4. Insat–IB
5. None of these

Q. The Reserve Bank of India (RBI) recently raised the interest rate on savings bank deposits and the repo rate by 50 basis points (bps). In this context, consider the following:
1. CASA Ratio
2. Net Interest Margin
Which among the above of the commercial banks would be affected by the above step taken by the Reserve Bank of India ?

1. Only 1
2. Only 2
3. Both 1 & 2
4. Neither 1 nor 2

Q. The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called?

1. FDI
2. Portfolio Investment
3. NRI Investment
4. Foreign Indirect Investment

Q. In which year, the World Bank revised the common international poverty line to $1.25 at the 2005 purchasing power parity?

1. 2006
2. 2007
3. 2008
4. 2009

Q. As per the recent estimates, India’s overall foodgrain production is expected to be 241.56 million tonnes, which is highest ever. Which among the following shares the maximum quantity in this ?

1. Rice
2. Wheat
3. Coarse cereals
4. Maize

Q. Recently RBI governor D Subbarao has pointed out that “recent global macro economic developments pose some risks to domestic growth.” What does he refer to by using the term “domestic growth”?

1. Per Capita Income
2. Gross Domestic Product
3. Net National product
4. Net National Product per capita

Q.  Lending rates are expected to rise further in the coming months because the Reserve Bank of India (RBI) is likely to ………………….. Which among the following would fill the space correctly?

1. Increase policy rates
2. Decrease Policy Rates
3. Conduct Open Market Operations
4. Conduct Repo Auctions

Q . Recently we read in the newspapers that in the country , there are undoubtedly, negative risks to the fiscal deficit target of 4.6 per cent for 2011-12. Which among the following does not poses such risk to the fiscal deficit targets?

1. The higher Fuels, Food and Fertilizers prices
2. Burden of Subsidy
3. Low collection of Tax Revenue
4. Lower external commercial borrowings

Q. What was the initial growth target of the Eleventh Plan (2007-08 to 2011-12) on an average a year?

1. 7%
2. 8%
3. 9%
4. 10%

Q. In the first four years of the Eleventh Plan, Indian economy expanded by which among the following fractions?

1. 8.15%
2. 8.30%
3. 8.45%
4. 8.65%

Q. OPEC is a group of countries which are_______

1. exporting oil
2. producting cotton
3. rich and developed
4. developing and poor
5. nuclear powers

Q. Recently we read in the newspapers that World Bank has now endorsed a longstanding proposal that governments should impose a carbon levy. What is Carbon Levy?

1. It’s a tax levied on jet and shipping fuel to finance climate change mitigation
2. It’s a tax levied on carbon fuel
3. It’s a tax levied on production of fossil fuel and coal
4. It’s a tax levied on production of coal only

Q. Sandhyarani Devi Wangkhem, was a winner of a Silver Medal in the 2010 Asian Games in Guangzhou , China . In which sports she won this medal?

1. Shooting
2. Taekwando
3. Squash
4. Wushu

Q. ASBA (application Supported by Blocked Amounts) is a term used in which of the following sectors?

1. Aviation
2. Real Estate
3. Insurance
4. Capital Markets

Q. Which of the following started production at India’s largest naphtha cracker project recently?

1. ONGC
2. Essar Oil
3. Indian Oil
4. Reliance Industries Ltd

Q. Which of the following is/are correctly matched after RBI’s ‘Third Quarter Review of Monetary Policy 2010-11’ on January 26, 2011?
I. Repo rate – 6.5%
II. Reserve Repo rate – 5.5%
III. Cash Reserve Ratio – 6%

1. I only
2. I and II only
3. II and III only
4. I, II and III

Q. The union finance Ministry raised the tax collection target for 2010-11 to _________ recently.

1. Rs 782000 crore
2. Rs 834000 crore
3. Rs 871000 crore
4. Rs 902000 crore

Q. Which of the following became the first oil & Gas Company to find shale gas deposits in India recently?

1. Reliance Industries Ltd.
2. Carin India
3. Essar Oil
4. ONGC

Q .Who among the following has been recently appointed as chairman of Central Board of Direct Taxes?

1. Prakash Chandra
2. Sudhir Chandra
3. Satyanand Mishra
4. Sri Kumar

Q. According to the state-wise cotton crop data released by the Agriculture Ministry for 2010-11 on 25 July 2011 which variety of cotton emerged as the largest cotton crop in all the major cotton producing states?

1. V-797
2. RS2013
3. Digvijay
4. Bt cotton

Q. 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?

1. 7%
2. 7.5%
3. 8%
4. 8.5%

Q. The Union government on 26 July 2011 announced restoration of the popular duty entitlement pass book (DEPB) scheme for export of cotton. Which of the following is/are not true with regard to the following?
1. Restoration of the popular duty entitlement pass book (DEPB) scheme was announced for export of cotton with retrospective effect from 1 April 2011 and on cotton yarn from 1 October 2010.
2. Cotton yarn had been placed under Open General License for exports from 1 October 2011.
3. Exports of cotton were dis-incentivized by virtue of export tax, following a sharp rise in prices in January 2011.
4. Restrictions continue to remain on export of cotton, that is, 65 lakh bales this year.

1. Only 1
2. Only 2
3. Both 1 & 2
4. Only 4

Q .Who among the following had written the books “Reintegrating India with the World Economy’ and ‘Understanding Reforms’.?

1. C Rangrajan
2. Amartya Sen
3. Suresh Tendulkar
4. C K Prahalad

Q. As per the recent Data released by the Central Statistical Organization, what is India ’s Per capita income in 2010-11?

1. Rs. 54835
2. Rs. 52165
3. Rs. 56115
4. Rs. 50143