GK SPECIAL
. Silicon Valley legend
Steve Jobs resigned as chief executive of Apple Inc on 24 August 2011. In which
year was Apple founded?
a. 1970
b. 1973
c. 1975
d. 1976
Answer: (d)
2. How many Indian companies were ra1nked 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
Answer: (b)
3. Which company signed a memorandum of understanding (MoU) with Japan-based Nippon Life Insurance for collaboration opportunities, including strategic partnership, across all financial services businesses?
a. Reliance Capital
b. Life Insurance Corporation
c. Max New York Life Insurance
d. Bharti AXA Life Insurance
Answer: (a)
4. 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
Answer: (c)
5. Which PSU topped the list by clinching five awards including the best financial performance award in Maharatna and Navaratna category among the Public Sector Enterprises in September 2011?
a. BHEL
b. ONGC
c. NTPC
d. Indian Oil
Answer: (b)
6. 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
Answer: (c)
7. Name the chairman and managing director of Madison World, who was unanimously elected as chairman of the Audit Bureau of Circulations (ABC), the body that monitors sales of publications, for the year 2011-12.
a. T Venkattram Reddy
b. Aritra Sarkar
c. Madhukar Kamath
d. Sam Balsara
Answer: (d)
8. Which Indian mining company in India got the Finance Ministry’s permission to acquire stakes in overseas unlisted firms?
a. Bharat Gold Mines Limited
b. Neyveli Lignite Corporation
c. Sesa Goa
d. Coal India Ltd
Answer: (d)
9. Which of the following companies entered into a partnership with the department of information technology to provide rural population socially oriented investment options?
a. UTI Infrastructure Technology
b. L&T Infrastructure
c. ICICI Mutual Fund
d. RIL
Answer: (a)
10. Which Indian mining company in India got the Finance Ministry’s permission to acquire stakes in overseas unlisted firms?
a. Bharat Gold Mines Limited
b. Neyveli Lignite Corporation
c. Sesa Goa
d. Coal India Ltd
Answer: (d)
11. Which of the following companies entered into a partnership with the department of information technology to provide rural population socially oriented investment options?
a. UTI Infrastructure Technology
b. L&T Infrastructure
c. ICICI Mutual Fund
d. RIL
Answer: (a)
12. 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
Answer: (b)
13. Which private bank for the first time became the most valuable lender in the country overtaking the 204-year-old State Bank of India in market capitalization on 15 November 2011?
a. ICICI
b. HDFC
c. HSBC
d. ABN Amro
Answer: (b)
14. Who did General Motors appoint on 15 November 2011 as president and MD of India operations with effect from 1 January 2012?
a. Tim Lee
b. Karl Slym
c. Chi Len
d. Lowell Paddock
Answer: (d)
15. Who was on 23 November 2011 chosen to succeed Tata group chairman Ratan Tata as the group’s new chairman in 2012 when Ratan Tata formlly retires?
a. Cyrus P. Mistry
b. Noel Tata
c. N Chandrasekaran
d. R Gopalakrishnan
Answer: (a)
16. Which PSU bank in November 2011 decided to abolish pre-payment charges on home loans, giving some succour to borrowers who want to foreclose their accounts?
a. Punjab National Bank
b. Bank of India
c. Corp Bank
d. State Bank of India
Answer: (d)
17. Reserve Bank of India (RBI) approved the restructuring of an airline's working capital loan liability of Rs 22000 crore. Name the airline.
a. Air India
b. Kingfisher
c. Indigo
d. SpiceJet
Answer: (a)
18. Which Hyderabad-based drug discovery research and development organisationon 28 November 2011 entered into an alliance with the Moulder Centre for Drug Discovery Research at Temple University, Philadelphia?
a. Ranbaxy
b. Cipla
c. GVK Biosciences (GVK BIO)
d. Sanofi-Aventis
Answer: (c)
19. Which Power distribution company on 5 December 2011 announced change of its name to Tata Power Delhi Distribution Limited?
a. North Delhi Power Limited (NDPL)
b. Adani Power
c. Lanco Infratech
d. CLP Power
Answer: (a)
20. Which bank signed a memorandum of understanding with Life Insurance Corporation of India (LIC) to use the National Electronic Funds Transfer (NEFT) facility to facilitate electronic funds transfer of policy payments to policyholders?
a. IDBI
b. Corp Bank
c. Indian Overseas Bank
d. Dhanlaxmi Bank
Answer: (d)
21. Which PSU lender decided to aggressively market its gold loan scheme for farmers to prevent defaults after the agriculture sector witnessed a sharp spike in bad debt in the past one year?
a. Union Bank
b. United Bank of India
c. Industrial Development Bank of India
d. State Bank of India
Answer: (d)
22. Who did the Central Government appoint as Chairman and Managing Director (CMD) of Andhra Bank?
a. B. A. Prabhakar
b. O. P. Bhatt
c. Pratip Chaudhuri
d. S. Vishvanathan
Answer: (a)
23. The directorate general of hydrocarbons (DGH), the technical arm of the oil ministry approved which company’s proposal to commence production from Bhagyam, the second-largest oil field in the Rajasthan block?
a. Essar Oil
b. ONGC
c. Cairn India
d. Indian Oil
Answer: (c)
24. Which of India's leading commodity bourses on 20 December 2011 became the world's fifth-largest commodity futures exchange?
a. National Multi Commodity Exchange of India
b. Bharat Diamond Bourse
c. Multi Commodity Exchange
d. Bombay Stock Exchange
Answer: (d)
25. Name the state-run Mumbai-headquartered bank which on 29 December 2011 surprised the market by cutting its base rate, the minimum lending rate, by 10 basis points, thereby becoming the first banker this year to do so when others are waiting for a signal from the central bank.
a. State Bank of India
b. Union Bank
c. United Bank of India
d. Allahabad Bank
Answer: (b)
a. 1970
b. 1973
c. 1975
d. 1976
Answer: (d)
2. How many Indian companies were ra1nked 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
Answer: (b)
3. Which company signed a memorandum of understanding (MoU) with Japan-based Nippon Life Insurance for collaboration opportunities, including strategic partnership, across all financial services businesses?
a. Reliance Capital
b. Life Insurance Corporation
c. Max New York Life Insurance
d. Bharti AXA Life Insurance
Answer: (a)
4. 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
Answer: (c)
5. Which PSU topped the list by clinching five awards including the best financial performance award in Maharatna and Navaratna category among the Public Sector Enterprises in September 2011?
a. BHEL
b. ONGC
c. NTPC
d. Indian Oil
Answer: (b)
6. 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
Answer: (c)
7. Name the chairman and managing director of Madison World, who was unanimously elected as chairman of the Audit Bureau of Circulations (ABC), the body that monitors sales of publications, for the year 2011-12.
a. T Venkattram Reddy
b. Aritra Sarkar
c. Madhukar Kamath
d. Sam Balsara
Answer: (d)
8. Which Indian mining company in India got the Finance Ministry’s permission to acquire stakes in overseas unlisted firms?
a. Bharat Gold Mines Limited
b. Neyveli Lignite Corporation
c. Sesa Goa
d. Coal India Ltd
Answer: (d)
9. Which of the following companies entered into a partnership with the department of information technology to provide rural population socially oriented investment options?
a. UTI Infrastructure Technology
b. L&T Infrastructure
c. ICICI Mutual Fund
d. RIL
Answer: (a)
10. Which Indian mining company in India got the Finance Ministry’s permission to acquire stakes in overseas unlisted firms?
a. Bharat Gold Mines Limited
b. Neyveli Lignite Corporation
c. Sesa Goa
d. Coal India Ltd
Answer: (d)
11. Which of the following companies entered into a partnership with the department of information technology to provide rural population socially oriented investment options?
a. UTI Infrastructure Technology
b. L&T Infrastructure
c. ICICI Mutual Fund
d. RIL
Answer: (a)
12. 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
Answer: (b)
13. Which private bank for the first time became the most valuable lender in the country overtaking the 204-year-old State Bank of India in market capitalization on 15 November 2011?
a. ICICI
b. HDFC
c. HSBC
d. ABN Amro
Answer: (b)
14. Who did General Motors appoint on 15 November 2011 as president and MD of India operations with effect from 1 January 2012?
a. Tim Lee
b. Karl Slym
c. Chi Len
d. Lowell Paddock
Answer: (d)
15. Who was on 23 November 2011 chosen to succeed Tata group chairman Ratan Tata as the group’s new chairman in 2012 when Ratan Tata formlly retires?
a. Cyrus P. Mistry
b. Noel Tata
c. N Chandrasekaran
d. R Gopalakrishnan
Answer: (a)
16. Which PSU bank in November 2011 decided to abolish pre-payment charges on home loans, giving some succour to borrowers who want to foreclose their accounts?
a. Punjab National Bank
b. Bank of India
c. Corp Bank
d. State Bank of India
Answer: (d)
17. Reserve Bank of India (RBI) approved the restructuring of an airline's working capital loan liability of Rs 22000 crore. Name the airline.
a. Air India
b. Kingfisher
c. Indigo
d. SpiceJet
Answer: (a)
18. Which Hyderabad-based drug discovery research and development organisationon 28 November 2011 entered into an alliance with the Moulder Centre for Drug Discovery Research at Temple University, Philadelphia?
a. Ranbaxy
b. Cipla
c. GVK Biosciences (GVK BIO)
d. Sanofi-Aventis
Answer: (c)
19. Which Power distribution company on 5 December 2011 announced change of its name to Tata Power Delhi Distribution Limited?
a. North Delhi Power Limited (NDPL)
b. Adani Power
c. Lanco Infratech
d. CLP Power
Answer: (a)
20. Which bank signed a memorandum of understanding with Life Insurance Corporation of India (LIC) to use the National Electronic Funds Transfer (NEFT) facility to facilitate electronic funds transfer of policy payments to policyholders?
a. IDBI
b. Corp Bank
c. Indian Overseas Bank
d. Dhanlaxmi Bank
Answer: (d)
21. Which PSU lender decided to aggressively market its gold loan scheme for farmers to prevent defaults after the agriculture sector witnessed a sharp spike in bad debt in the past one year?
a. Union Bank
b. United Bank of India
c. Industrial Development Bank of India
d. State Bank of India
Answer: (d)
22. Who did the Central Government appoint as Chairman and Managing Director (CMD) of Andhra Bank?
a. B. A. Prabhakar
b. O. P. Bhatt
c. Pratip Chaudhuri
d. S. Vishvanathan
Answer: (a)
23. The directorate general of hydrocarbons (DGH), the technical arm of the oil ministry approved which company’s proposal to commence production from Bhagyam, the second-largest oil field in the Rajasthan block?
a. Essar Oil
b. ONGC
c. Cairn India
d. Indian Oil
Answer: (c)
24. Which of India's leading commodity bourses on 20 December 2011 became the world's fifth-largest commodity futures exchange?
a. National Multi Commodity Exchange of India
b. Bharat Diamond Bourse
c. Multi Commodity Exchange
d. Bombay Stock Exchange
Answer: (d)
25. Name the state-run Mumbai-headquartered bank which on 29 December 2011 surprised the market by cutting its base rate, the minimum lending rate, by 10 basis points, thereby becoming the first banker this year to do so when others are waiting for a signal from the central bank.
a. State Bank of India
b. Union Bank
c. United Bank of India
d. Allahabad Bank
Answer: (b)
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