Exam Details
| Subject | general awareness | |
| Paper | ||
| Exam / Course | po - probationary officers ( common written examination - cwe) | |
| Department | ||
| Organization | institute of banking personnel selection | |
| Position | probationary officer | |
| Exam Date | 2014 | |
| City, State | , |
Question Paper
IBPS CWE Previous Year Exam Paper 2014
Subject: General Awareness
1. Which of the following is the boundary line between India and Pakistan?'
17th Parallel
Radcliffe line
Other than those given as options
Hindenburg Line
McMahon Line
2. Banks generally insist account holders to nominate persons to whom the money lying in
their accounts should go in the event of
death of account holder
illness of account holder
account holder migrates
account holder turns bankrupt
Other than those given as options
3. Credit Risk refers to the risk that
borrower may opt to get necessary permit/licences
wrong strategy is adopted
a borrower will default on any type of debt
loan processing may be faulty
interest rate in the markets may increase
4. Which of the following is the currency of Cambodia?
Cambodian Dollar
Ringgit
Peso
Riel
Other than those given as options
5. Which of the following is a source of collecting money from the public for a company for
the first time?
Rights issue
Bonus shares
Follow on offering
Initial public offer
Secondary offering
6. Which of the following concepts of banking involves booking of web-enabled touch point
for basic banking services?
Extension Conters
Retail Banking
Kiosk Banking
Satellite Banking
Mobile Banking
7. Face value of a Government security is the amount that is to be paid to an investor at the
maturity date of the security. The face value is not the same as the
Par value
Market Price
Redemption value
Repayment amount
Principal value
8. As per the 2011 Census report, India's population below the age of 35 years is
between 30 35%
between 40 50%
between 35 40%
more than 65%
between 50 65%
9. The facility to help insurance policy holders buy and keep policies in electronic form
rather than as a paper document is called
Insurance Warehousing
Insurance Cache
Insurance Stockpile
Insurance Depository
Insurance Repository
10. Based on the recovery of the dues, banks are required to classify non-performing assets
(NPAs) in the books of the bank under the categories
Substandard, Doubtful and Bad Debts
Standard, Doubtful and Written-Off Assets
Standard, Substandard and Doubtful Assets
Standard, Doubtful and Loss Assets
Substandard, Doubtful and Loss Assets
11. A mutual fund scheme in which the investors commit their money for a particular
period is known as
Long-End Scheme
Closed-End Scheme
Long-Term Fund
Open-End Scheme
Back-End Scheme
12. In the Asian Games who among the following won the silver Medal for India in
Squash?
Geetika Jakhar
Yogeshwar Dutt
Vinesh Phogat
Saurav Ghosal
Other than those given as options
13. Plant Genome Saviour Community Awards are given by Protection of Plant Varieties
and Farmer's Right Authority (PPV FRA) for
getting the highest yield of crops
Other than those given as options
engagement in the conservation of genetic resources of economic plants and their wild
relatives
ensuring soil conservation and preventing use of chemicals
using traditional seeds and fertilizers to protect the soil
14. CP is an unsecured money market instrument issued in the form of a promissory note.
In the abbreviation CP, letter stands for
Paper
Portfolio
Payment
Promissory
Position
15. Vishal Sikka is the CEO of
Tata Group of Companies
Cognizant
Oracle
Infosys
Other than those given as options
16. The process that has to be undertaken by banks and other financial institutions to
prevent them from being used by criminal elements for money laundering is
Credit Monitoring Process
Credit Rating Process
KYC Process
Due diligence Process
Credit Appraisal Process
17. CVV is an anti-fraud security feature that helps verify that the customer is in posession
of her card. The abbreviation of CVV stands for
Card Virtual Valuation
Confidential Virtual Verification
Card Verification Value
Core Virtual Value
Coded Vulnerability Value
18. Which of the foIIowing is the capital of Argentina?
Addis Ababa
Other than those given as options
Buenos Aires
Seoul
Phnom Penh
19. With introduction of ATMs, telebanking and internet banking, banking hours is not a
constraint for transacting banking business, which is known as
Universal Banking
Worldwide Banking
Anywhere Banking
Global Banking
Other than those given as option
20. Which of the following institutions is a Credit Information Company?
ARCIL
CRISIL
CIBIL
ICRA
CARE
21. The slogan 'Yogakshemam Vahamyaham', which translates in English as 'your welfare is our responsibility', is associated with
SBI General Insurance
LIC of India
National Insurance Company
United India Insurance
Other than those given as options
22. The Reserve Bank ofIndia has recently issued draft policy guidelines for differentiated
banks' licences which are
exclusively for foreign banks
aimed at the cooperative sector
aimed at Non Banking Financial Companies
Other than those given as options
aimed at furthering financial inclusion
23. The Fair Practice Code for Credit Card Operations in the banking industry has been
evolved by
Indian Banks' Association
Reserve Bank ofIndia (RB
Banking Codes and Standards Board of India (BCSBI)
Banking Ombudsman
National Institute of Bank Management (NIBM)
24. The recently launched 'Deen Dayal Upadhyaya Gram in Kaushal Yojana' (DDUGKY)
is a central government scheme aimed at
family welfare in rural area
improving irrigation potential
employment generation in urban area
skill improvement in rural area
improving financial literacy
25. When an account does not have sufficient balance to honour the cheque issued by the
account holder, the cheque is returned by the bank, which is known as
cheque discounting
cheque truncation
cheque kiting
bouncing of cheque
cheque validation
26. The alphabet in the abbreviation EFTPOS stands for
Point
Private
Public
Primary
Permanent
27. ATM is an electronic tele-communication device that helps bank customers perform financial transactions. The letter A in the abbreviation ATM stands for
Anytime
Anywhere
Automated
Advance
Account
28. Which of the following countries has assured India to provide lifetime fuel to the Kudankulam Nuclear Power Plant?
Russia
Germany
France
Spain
USA
29. Who among the following Bollywood stars was a state-level badminton player?
Madhuri Dixit
Deepika Padukone
Priyanka Chopra
Kareena Kapoor
Anushka Sharma
30. Dr Najma Heptulla is the Union Cabinet Minister for
Communication, IT, Law Justice
TribaLAffairs
Minority Affairs
Agriculture
Chemicals and Fertilizer
31. Dynamite was invented by
Marie Curie
Alexander Flemming
Charles Darwin
Other than those given as options
Alfred Nobel
32. Who among the following is the author of the book Hard Choices?
Barack Obama
Hillary Clinton
Other than those given as options
Abraham Lincoln
Bill Clinton
33. The Bank for International Settlements is an international organisation of central
banks headquartered in
Zurich, Switzerland
New York, USA
Basel, Switzerland
Paris, France
Geneva, Switzerland
34. The Reserve Bank has recently issued the guidelines allowing minors to operate
bankaccounts, which is aimed at
mobilising high level of savings
furthering financial inclusion
developing consumption culture amongst the children
developing borrowing habits at an early age
boosting government's anti-poverty programmes
35. Star Union Daichi Life Insurance Company Limited is a joint venture between Daichi Life, a leading life insurance company of Japan, Union Bank of India and
Bank of India
State Bank of India
AxisBank
ICICI Bank
Indian Bank
36. Zend-Avesta is the primary collection of sacred text of
Sufism
Buddhism
Bahai faith
Jews
Parsis
37. The abbreviation stands for
Gross Domestic Product
Globally Dominant Person
General Domestic Position
Global Depository Product
Gross Depository Position
38. Who among the following was the founder of Anandwan?
BabaAmte
Sindhutai Sapkal
Abhay Bang
Medha Patkar
Other than those given as options
39. With the success of Mars Orbiter Mission, India became the fourth Space-power to
send craft to Mars. The other three are
Former Soviet Union, US and China
US, Former Soviet Union and Japan
US, Europe and Former Soviet Union
US, China and Japan
Other than those given as options
40. Banks today are focusing more on Retail Banking, which offers opportunities to banks
to
invest in capital markets
consider large-ticket term loans
set up joint ventures
cross-set other retail loan products
lend to corporates
Answers
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15.
16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40.
Subject: General Awareness
1. Which of the following is the boundary line between India and Pakistan?'
17th Parallel
Radcliffe line
Other than those given as options
Hindenburg Line
McMahon Line
2. Banks generally insist account holders to nominate persons to whom the money lying in
their accounts should go in the event of
death of account holder
illness of account holder
account holder migrates
account holder turns bankrupt
Other than those given as options
3. Credit Risk refers to the risk that
borrower may opt to get necessary permit/licences
wrong strategy is adopted
a borrower will default on any type of debt
loan processing may be faulty
interest rate in the markets may increase
4. Which of the following is the currency of Cambodia?
Cambodian Dollar
Ringgit
Peso
Riel
Other than those given as options
5. Which of the following is a source of collecting money from the public for a company for
the first time?
Rights issue
Bonus shares
Follow on offering
Initial public offer
Secondary offering
6. Which of the following concepts of banking involves booking of web-enabled touch point
for basic banking services?
Extension Conters
Retail Banking
Kiosk Banking
Satellite Banking
Mobile Banking
7. Face value of a Government security is the amount that is to be paid to an investor at the
maturity date of the security. The face value is not the same as the
Par value
Market Price
Redemption value
Repayment amount
Principal value
8. As per the 2011 Census report, India's population below the age of 35 years is
between 30 35%
between 40 50%
between 35 40%
more than 65%
between 50 65%
9. The facility to help insurance policy holders buy and keep policies in electronic form
rather than as a paper document is called
Insurance Warehousing
Insurance Cache
Insurance Stockpile
Insurance Depository
Insurance Repository
10. Based on the recovery of the dues, banks are required to classify non-performing assets
(NPAs) in the books of the bank under the categories
Substandard, Doubtful and Bad Debts
Standard, Doubtful and Written-Off Assets
Standard, Substandard and Doubtful Assets
Standard, Doubtful and Loss Assets
Substandard, Doubtful and Loss Assets
11. A mutual fund scheme in which the investors commit their money for a particular
period is known as
Long-End Scheme
Closed-End Scheme
Long-Term Fund
Open-End Scheme
Back-End Scheme
12. In the Asian Games who among the following won the silver Medal for India in
Squash?
Geetika Jakhar
Yogeshwar Dutt
Vinesh Phogat
Saurav Ghosal
Other than those given as options
13. Plant Genome Saviour Community Awards are given by Protection of Plant Varieties
and Farmer's Right Authority (PPV FRA) for
getting the highest yield of crops
Other than those given as options
engagement in the conservation of genetic resources of economic plants and their wild
relatives
ensuring soil conservation and preventing use of chemicals
using traditional seeds and fertilizers to protect the soil
14. CP is an unsecured money market instrument issued in the form of a promissory note.
In the abbreviation CP, letter stands for
Paper
Portfolio
Payment
Promissory
Position
15. Vishal Sikka is the CEO of
Tata Group of Companies
Cognizant
Oracle
Infosys
Other than those given as options
16. The process that has to be undertaken by banks and other financial institutions to
prevent them from being used by criminal elements for money laundering is
Credit Monitoring Process
Credit Rating Process
KYC Process
Due diligence Process
Credit Appraisal Process
17. CVV is an anti-fraud security feature that helps verify that the customer is in posession
of her card. The abbreviation of CVV stands for
Card Virtual Valuation
Confidential Virtual Verification
Card Verification Value
Core Virtual Value
Coded Vulnerability Value
18. Which of the foIIowing is the capital of Argentina?
Addis Ababa
Other than those given as options
Buenos Aires
Seoul
Phnom Penh
19. With introduction of ATMs, telebanking and internet banking, banking hours is not a
constraint for transacting banking business, which is known as
Universal Banking
Worldwide Banking
Anywhere Banking
Global Banking
Other than those given as option
20. Which of the following institutions is a Credit Information Company?
ARCIL
CRISIL
CIBIL
ICRA
CARE
21. The slogan 'Yogakshemam Vahamyaham', which translates in English as 'your welfare is our responsibility', is associated with
SBI General Insurance
LIC of India
National Insurance Company
United India Insurance
Other than those given as options
22. The Reserve Bank ofIndia has recently issued draft policy guidelines for differentiated
banks' licences which are
exclusively for foreign banks
aimed at the cooperative sector
aimed at Non Banking Financial Companies
Other than those given as options
aimed at furthering financial inclusion
23. The Fair Practice Code for Credit Card Operations in the banking industry has been
evolved by
Indian Banks' Association
Reserve Bank ofIndia (RB
Banking Codes and Standards Board of India (BCSBI)
Banking Ombudsman
National Institute of Bank Management (NIBM)
24. The recently launched 'Deen Dayal Upadhyaya Gram in Kaushal Yojana' (DDUGKY)
is a central government scheme aimed at
family welfare in rural area
improving irrigation potential
employment generation in urban area
skill improvement in rural area
improving financial literacy
25. When an account does not have sufficient balance to honour the cheque issued by the
account holder, the cheque is returned by the bank, which is known as
cheque discounting
cheque truncation
cheque kiting
bouncing of cheque
cheque validation
26. The alphabet in the abbreviation EFTPOS stands for
Point
Private
Public
Primary
Permanent
27. ATM is an electronic tele-communication device that helps bank customers perform financial transactions. The letter A in the abbreviation ATM stands for
Anytime
Anywhere
Automated
Advance
Account
28. Which of the following countries has assured India to provide lifetime fuel to the Kudankulam Nuclear Power Plant?
Russia
Germany
France
Spain
USA
29. Who among the following Bollywood stars was a state-level badminton player?
Madhuri Dixit
Deepika Padukone
Priyanka Chopra
Kareena Kapoor
Anushka Sharma
30. Dr Najma Heptulla is the Union Cabinet Minister for
Communication, IT, Law Justice
TribaLAffairs
Minority Affairs
Agriculture
Chemicals and Fertilizer
31. Dynamite was invented by
Marie Curie
Alexander Flemming
Charles Darwin
Other than those given as options
Alfred Nobel
32. Who among the following is the author of the book Hard Choices?
Barack Obama
Hillary Clinton
Other than those given as options
Abraham Lincoln
Bill Clinton
33. The Bank for International Settlements is an international organisation of central
banks headquartered in
Zurich, Switzerland
New York, USA
Basel, Switzerland
Paris, France
Geneva, Switzerland
34. The Reserve Bank has recently issued the guidelines allowing minors to operate
bankaccounts, which is aimed at
mobilising high level of savings
furthering financial inclusion
developing consumption culture amongst the children
developing borrowing habits at an early age
boosting government's anti-poverty programmes
35. Star Union Daichi Life Insurance Company Limited is a joint venture between Daichi Life, a leading life insurance company of Japan, Union Bank of India and
Bank of India
State Bank of India
AxisBank
ICICI Bank
Indian Bank
36. Zend-Avesta is the primary collection of sacred text of
Sufism
Buddhism
Bahai faith
Jews
Parsis
37. The abbreviation stands for
Gross Domestic Product
Globally Dominant Person
General Domestic Position
Global Depository Product
Gross Depository Position
38. Who among the following was the founder of Anandwan?
BabaAmte
Sindhutai Sapkal
Abhay Bang
Medha Patkar
Other than those given as options
39. With the success of Mars Orbiter Mission, India became the fourth Space-power to
send craft to Mars. The other three are
Former Soviet Union, US and China
US, Former Soviet Union and Japan
US, Europe and Former Soviet Union
US, China and Japan
Other than those given as options
40. Banks today are focusing more on Retail Banking, which offers opportunities to banks
to
invest in capital markets
consider large-ticket term loans
set up joint ventures
cross-set other retail loan products
lend to corporates
Answers
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15.
16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40.