November Current Affairs -2010

·        India has become Israel's second largest export destination after the United States, as the Jewish state focusses on tapping potential in the Asian markets.

·        Minister of State in the Prime Minister's Office Prithviraj Chavan has been named the next Maharashtra Chief Minister. Nationalist Congress Party (NCP) leader Ajit Pawar, nephew of party chief Sharad Pawar and a minister named Maharashtra's next deputy chief minister after Chhagan Bhujbal.

·        Iconic Indian batsman Sachin Tendulkar, who is set to become only the second player(After Javed Miandad)  in the history of cricket to play six ODI World Cups, named the official ambassador of the event to be held in the sub-continent next year.

·        Rajkumar Hirani's "3 Idiots" continued with its award-winning spree bagging top honours at the Global Indian Music Awards (GIMA) which was held in Mumbai. The movie took home the best film album.

·        As part of its administrative reforms process, Punjab aims to become the first state in the country to achieve complete computerisation of land records by March 31, 2011.

·        India owns over 18,000 tonnes of above ground gold stocks worth approximately $ 800 billion and representing at least 11 per cent of global stock, according to estimates of World Gold Council. In 2009, total Indian gold demand reached $ 19 billion, or Rs 974 billion, which accounts for 15 per cent of the global gold market, according to WGC.

·        Noted Telugu film producer D V S Raju passed away.

·        India is set to become the fastest growing major economy in the world by 2012 and will be third largest by GDP-size in the next two decades, behind China and the USA, a global study by British banking giant Standard Chartered said.

·        China has overtaken US in the global supercomputing race as it has been confirmed as the creator of the world's fastest supercomputer, according to a latest survey. The Tianhe-1A, which means meaning Milky Way is capable of 2.67 quadrillions of computing operations per second, earning it the number one spot in the Top 500 list of the world's most powerful supercomputers.

·        Free trade agreement (FTA) between India and Canada will help push bilateral trade to USD 15 billion in 5 years. Bilateral trade was close to USD 4.2 billion last year.

Gk Quiz 2010

1.      RBI has approved the merger of ‘Bank of Rajasthan' with ICICI bank.

2.      Who got the 2010 Commonwealth Writers Prize for the book ‘Solo' - Rana Dasgupta.

3.      Which day has been observed as the International Day of Older Persons(IDOP) - Oct 1st.

4.      What is the India’s rank in the new Global Hunger Index by the International Food Policy Research Institute - 67.

5.       ‘Gourde’ is the currency of which country?

a)Bhutan     b)Haiti     c)Norway    d)Chile     e)none

6.      India has won 101 medals in 2010 Commonwealth Games. In which sport India has won maximum no. of gold medals?

a)Wrestling      b)Boxing     c)Shooting     d)Badminton    e)Weightlifting

7.      Which of the following country is not elected to UNSC as a non-permanent member for a two year term on the council starting from Jan 1^st 2011?

a)India     b)Kazakhstan    c)South Africa    d)Germany    e)Portugal

8.      Which of the following ministry has re-launched the PURA(Provision of Urban Amenities in Rural Areas) Scheme?

a)Ministry of Urban Development 

b)Ministry of Rural Development

c)Ministry of Health & Family Welfare

d)Ministry of Finance

e)Ministry of Social Justice and Empowerment

9.      Who among the following has been chosen for ICC Cricketer of the Year 2010?

a)Sachin Tendulkar     b)A B de Villiers     c)Virender Sehwag      d)M S Dhoni    e)none of these

10. Who won the 2010 Champions League Twenty20?

a)Mumbai Indians     b)Royal Challengers Bangalore     c)Warriors    d)Chennai Super Kings   e)none

Current Affairs June - II 2010

1.      The economy is likely to grow around 8.5 per cent in the current fiscal if the country gets a normal monsoon, Prime Minister's economic advisory council chairman C Rangarajan.

2.      Indians are the most eco-friendly people while Americans the least, according to a 17-nation survey on consumers' progress towards environmentally sustainable consumption patterns. India toped the Consumer Greendex, compiled by National Geographic which studied 17,000 consumers in 17 countries. The rankings are Indians, Brazilians, Chinese, Mexicans, Argentineans, Russians, Hungarians, South Koreans, Swedes, Spanish, Australian, German, Japanese, British, French, Canadians and Americans.(June CA Part-1)

3.      The Agricultural Bank of China (ABC) announced its huge dual listing in Shanghai and Hong Kong, which could be the world's largest-ever initial public offering, says a media report. ABC, the biggest bank in China by customers, plans to sell as many as 22.24 billion A shares in its IPO in Shanghai and another 25.4 billion shares in Hong Kong.

4.      Israel will set up three centres of excellence to enhance productivity of fruits in Maharashtra. The west Asian nation is also mulling setting-up a post-harvest college.

5.      Tamil Nadu Government launched an eco tourism policy which would facilitate conservation and preservation of the state's natural resources.

6.      Justice Rao takes charge as chairperson of National Commission for Backward Classes.

7.      Yogesh Aggarwal Chairman & Managing Director of IDBI Bank has resigned following his appointment as the Chairman of Pension Fund Regulatory and Development Authority (PFRDA).

8.      Former Infosys co-chair Nandan Nilekani will head a committee that will recommend to the finance ministry on how best to tap information technology for an effective tax administration and financial governance system.

9.      Russia said it will share the enrichment and reprocessing (ENR) technology with India for production of nuclear fuel for atomic power plants in the country.

10. An Indian American science teacher is among the pedagogues nominated by US President Barack Obama as a recipient of the prestigious Presidential Award for Excellence in Mathematics and Science Teaching. Radhika Plakkot is among 103 Maths and Science teachers who have been selected for this prestigious award from across the country.

11. India's growth is expected to rise to nine percent in 2011 with South Asia poised to become the second-fastest growing region after East Asia & Pacific, says the latest World Bank update.

12. India has slipped to a low of 128 in the Global Peace Index ranking with the country along with Pakistan and Sri Lanka experiencing more incidents of internal conflicts, terrorism and human rights abuses. The only study to quantify global peacefulness, the GPI is produced by the Institute for Economics and Peace (IEP).

13. Finance Minister Pranab Mukherjee said that the government is in the process of setting up 8 more income tax overseas units, including in the US and Britain, to facilitate exchange of tax related information. At present, the government has one such unit (ITOUs) each at the Indian mission in Singapore and Mauritius.

14. The French government says it's selling off 1,700 properties including chateaux, barracks and Parisian mansions, in part to cut the country's heavy debt.

15. The government has a cash balance of around Rs 48,000 crore with the Reserve Bank currently and will spend it gradually rather than at one go, three sources with direct knowledge of the issue told Reuters.

16. Surging prices notwithstanding, the government has hiked the minimum support price of pulses by up to Rs 700 to a maximum of Rs 3,170 a quintal but support for paddy has been increased by a meager Rs 50 a quintal. 

17. India win gold medal in World Cup archery. The Indian trio of Rahul Banerjee, Mangal Singh Champia and Jayanta Talukdar clinched the men's team recurve gold medal with a 218-214 win over the US in the final of the World Cup archery (Stage II) in Antalya, Turkey.

18. Russian Grandmaster Dmitry Kokarev drew his final match to emerge as the winner in the Mumbai Mayor's Cup International Open Chess tournament.

19. A British environmentalist (Roz Savage) has become the first woman to row alone across the Pacific Ocean, receiving a rock star welcome in Papua New Guinea after finishing a nearly 13,000-kilometre journey.

20. The US is home to about 1.6 million Indian origin people, making them the third-largest immigrant group in the country after Mexicans and Filipino, a Washington-based think tank has said.

21. The Cabinet approved the mid-term appraisal (MTA) of the Eleventh Five-Year Plan (2007-12), which scaled down the average growth target of the economy to 8.1 per cent from 9 per cent. The MTA will now be placed before the National Development Council (NDC), the highest policy making body in the country headed by the Prime Minister.

22. A global effort to ban cluster bombs has gained the signatures of 106 countries, but 70 more have yet to sign on with only weeks to go before the ban goes into effect on Aug 1. The United States is among those refusing to sign. The Pentagon considers cluster bombs to be a key part of its defence strategy.

23. China is to impose new age limits on mountaineers seeking to climb in Tibet, authorities said, after an American 13-year-old became the youngest person ever to scale Mount Everest.

24. Justice Rekha Manharlal Doshit and Justice M Yusuf Eqbal were appointed as Chief Justices of the Patna High Court and the Madras High Court respectively.

Bank of Baroda GK Paper - 2010

1.      SLR – Statutory Liquid Ratio.

2.      Project Tiger is launched by – GOI.

3.      Pronab Sen – Chief Statistician of India.

4.      Term not associated with Football – Love.

5.      Movie not related to A R Rehman – Fashion.

6.      Name of the third base at Antarctica – Bharti.

7.      Dada Saheb Phalke Award Winner – V K Murthy.

8.      V K Singh is appointed as – Chief of Indian Army.

9.      Lin Dan is related to which sport – Badminton.

10. World Water Day is observed on - March 22^nd.

11. European Footballer of the Year 2009 - Lione Messi.

12.  Kawasaki is related to the products of – Motor cycles.

13. Which organization put global taxes on all banks – IMF.

14. Which of the following is a health care scheme – ASHA.

15. Benchmark prime lending rate is changed as - Base Rate.

16. How many crores are allocated for PSB’s – 16,500 crores.

17. Who is not a winner of Padma Shri – Abhishek Bachchan.

18. Who won the Nobel Prize 2010 in Literature – Herta Muller.

19. P M Manmohan Singh left Bhutan to attend – SAARC Summit.

20. GOI has started 2nd Green revolution in – North Eastern States.

21. Which Indian Bank has highest number of foreign branches – SBI.

22. Scheme under Ministry of Food and Civil Suppliers – Mid Day Meal.

23. What is Per capita income on the current prices in India – Rs 33000.

24. Winner of 58^th Mens National Volleyball Championship – Tamilnadu.

25. Which country won the Under-19 Cricket World Cup – Australia.

26. Which of the following is not a chemical fertilizer – Sodium Sulphate.

27. Who is the author of the book Many Lives Many Masters - Brian Weiss.

28. Private Banks won higher profits in 4^th quarter bcoz – banks have No NPA’s.

29. Tata Power to produce heat of energy of the earth – Geo Thermal Energy.

30. Which of the following is not abbreviated in Water Shed Programmes – VHND.

31. Which of the following reasons Uranium is not exported to India from Australia – Bcoz did not signed the NPT and CTBT signatories.

32. Type of inflation if middle class persons earn more money in India – Demand Pull Inflation.

33. To which of the following programmes 100 crores are granted to meet the specific needs of women farmers - Mahila Kisan Sashaktikaran Pariyojana.

34. RBI hiked 0.25% of CRR, what is the next step taken by banks – To keep a portion of amount with RBI which does not gain any interest.

35. Rs 1,200 crore are allocated for drought mitigation in which of the following – Bundelkhand Region.

36. Which of the following is a fundamental right to every child in India – Right to Education.

37. Which of the following award is given by Government - Jawaharlal Nehru Award for International Understanding.

38. Banks charge taxes form the services of – Issuing DD’s, Pay order’s and E-transfer of Money.

39. Some banks have reported slightly higher NPA’s than in normal, what will reason for this – Loans given by banks had become bad loans.

40. Strategy that will focus on involving the civil society in responsible parenthood strategy under Jansankhya Sthirata Kosh – Prerna.

41. SEBI has asked all FIIs to divulge the structure of their offshore entities, why did SEBI did that – to restrict overseas fund-flows into equity markets.

42. RBI says Rupee Over valued, what it means? - The rupee has lost only against the dollar but appreciated against other currencies.

43. Agriculture and its related activities contributes how much percentage to GDP – 17%.

44. In normal circumstances the demand for credit for banks comes from - ?

45. Scheme to eradicate poverty in Rural Areas - ?

46. What are the benefits if a bank has foreign branches - ?

47. How many paise does GOI earn in one rupee by taxes - ?

48. Banks and Financial institution open subsidiaries due to which purpose - ?

Note: Questions are inaccurate. Questions submitted by our followers Harivanam, Narendra, etc. Exam held on 30-05-10.

Punjab and Sind Bank GK Paper - 2010

1.      ASEAN Summit held at – Huan Hin. Thailand.

2.      M K Narayanan is governor of which state – West Bengal.

3.      2009 Nobel Peace Prize is given to – Barack Obama.

4.      Largest Producer of the milk in the World – India.

5.      Najib Tun Razak is the Prime minister of – Malaysia.

6.      16,500 crores are allocated for – Public sector Banks

7.      Central Bank of USA – Federal Reserve.

8.      Which organization celebrated Platinum Jubilee – RBI.

9.      NREGA renamed as – MGNREGA.

10. The Rate at which banks will borrow money from RBI – Repo Rate.

11. Best Film in 56^th National Award – Antaheen.

12. Which committee recommended the hike of petrol and diesel prices – Kirit Parekh Committee.

13. 97th Indian Science Congress held in – Thiruvananthapuram, Kerala.

14. New Chief on Indian Army – V K Singh.

15. India and Bangladesh discussed sharing of – Teesta River.

16. Winner of Australian Open 2010 mixed doubles – Leander Paes and Cara Black

17. Saina Nehwal is related to – Badminton.

18. Trophy related to cricket – Duleep Trophy.

19. Headquarters of WTO – Geneva.

20. Sports related award – Arjuna awards.

21. India provided $1 billion loan to which country – Bangladesh.

22. International Recognition given to – A R Rehman.

23. In what currency you can do Money Transactions in Bangladesh – Taka(Bangladesh Currency).

24. Who among the following is not a winner of Padma Vibhusan – Shreya Goshal.

25. Which among the following does not come under core industries – Paper.

26. Who received ‘Order of Merit of Italian Republic’ award – Ratan Tata.

27. Who among the following is not an English poet – Harivansh Rai Bachchan.

28. Person nominated for Rajya Sabha – Javed Akthar.

29. Term not associated with hockey – Bouncer.

30. India-ASEAN 2012 summit is going to be held in – Delhi.

31. Next SAARC summit(2011) will be held at – Maldives.

32. Crop that requires water – Paddy.

33. To which country India helped to build its first ever Medical College in the country – Bhutan.

34. Which of the following is used as a Bio-fuel – Sugarcane.

35. Organization deals with Fertilizer industry – IFFCO.

36. For preventing frauds and counterfeiting in a bank, RBI has proposed a scheme called – Know Your Customer (KYC).

37. Question on Look East Policy - ?

38. Which of the following is not a crop - ?

39. Question on Brahmaputra River - ?

40. Question on Indira Awas Yojana - ?

41. Question on Rajiv Gandhi LPG Vitrak scheme?

Note: 25 questions came directly from this blog mostly the first 20 questions mentioned above. If you have followed this blog then you could have easily cleared GK section. Some Question/Answers may not be accurate.

Corporation Bank PO GK Paper 2010

1. SAARC Summit held at - Bhutan

2. FCCB stand for - Foreign Currency Convertible Bond.

3. MAT stand for – Minimum Alternate Tax..

4. Indira Gandhi Award 2009 for peace given to – Sheikh Hasina.

5. Rawatbhata is in – Rajasthan.(Go for 2009 Corporation Bank PO GK paper.)

6. Moortidevi Award was given - M Veerappa Moily

7. Asian Development Bank (ADB) to give $850 million loan to India.

8. Term not related to Hockey - Downswing related to Golf.

9. Legion d'Honneur of France given to - Lata Mangeshkar.

10. Sanya Richards belong to – USA.

11. Bullet Train from – China.

12. Apni Mandi scheme launched in – Punjab.

13. In 15th Copenhagen Summit, India is led by - Manmohan Singh.

14. Green Revolution II relate to - Eastern Areas.

15. Indian makes nuclear deal with – Britan.

16. Spain will be next Greece/Portugal/Italy - means all 3's are heavily effected during global eco. Crisis.

17. Between The Assassinations written by Aravind Adiga .

18. Invisible book is written by – Paul Auster.

19. Monetary Policy include - CRR and SLR.

20. After 5 yrs USA setup embassy in – Syria.

21. K-G gas from- Krishna Godavari basin.

22. Fiscal deficit reduce to 5.5% by March 2011/ 2010-11

23. Lufthansa's is not a bank/financial institution.

24. Snow Leopard found in - U.P.-Uttarakhand.

25. Russia Vows to Supply Oil Despite Dispute with Ukraine

26. Zain is telecom - Kuwait

27. Usain Bolt was named Laureus World Sportsman 2009

28. Between the assassination – Arvind Adiga.

29. C. Srither, Ratan Singh and Isiah R Sanam relate to the game – Archerya

30. Jawaharlal Nehru National Solar Mission aims to generate power - bijali sab ke liye

31. Voting compulsory in elections to all the local bodies in – Gujarat.

32. Government is set to provide Rs.16500 Cr to public sector banks to boost capital.

33. European Footballer Award for the year 2009 – Lionel Messi.

34. India export jewellry to usa.

35. In Sports - Arjun Award is given.

36. In Literature - Man Booker Prize is given.

37. Goodluck Jonathan has been elected as a president of which country – Nigeria.

Note: Some of the Answers/questions might be wrong/incorrect. This is submitted by one of our blog follower named ‘Narendra’ and others.