Objective Questions for Bank P.O. Exams

1. TRAI has abolished ADC (Access Deficit Charge) on all types of calls w.e.f.—
(A) April 1, 2010
(B) April 30, 2009
(C) August 30, 2009
(D) October 30, 2008
Ans : (D)

2. Which of the following is public sector organisation ?
(1) FCI Food Corporation of India
(2) FCI Fertilizer Corporation of India
(3) Cotton Corporation of India
(4) Jute Corporation of India
(A) Only 1 and 2
(B) Only 2, 3
(C) Only 3, 4
(D) All of these
Ans : (D)

3. Which day has been declared as ‘Balika Diwas’ (Girl Day) by the Ministry of Woman and Children Development ?
(A) April 5, every year
(B) July 9, every year
(C) October 9, every year
(D) December 9, every year
Ans : (D)


4. For RIDF-XIV, allocation in Union Budget 2008-09 was—
(A) Rs. 16000 crore
(B) Rs. 12000 crore
(C) Rs. 10000 crore
(D) Rs. 14000 crore
Ans : (D)

5. The birth rate and death rate for the year 2008 have been estimated as—
(A) 26•2 and 8•1 per thousand respectively
(B) 24•8 and 8•0 per thousand respectively
(C) 23•8 and 7•6 per thousand respectively
(D) 22•8 and 7•4 per thousand respectively
Ans : (D)

6. Central Issue price of foodgrains under TPDS includes price for BPL and APL (Below Poverty Line and Above Poverty Line). What is the difference between the two ?
(A) Price for APL is double of BPL price
(B) Price for BPL is one-third of APL price
(C) Difference of Rs. 500 per Qt.
(D) Difference of Rs. 250 per Qt.
Ans : (A)

7. What growth target government has estimated for the domestic crude production for the 11th Plan (2007–12) ?
(A) 42%
(B) 33%
(C) 29%
(D) 26%
Ans : (D)

8. Rural women can avail the benefit of Mahila Samriddhi Yojana if they open their account in—
(A) Rural Post Offices
(B) Commercial Banks
(C) Rural Development Bank
(D) Any of the above
Ans : (A)

9. Agriculture sector registered 4•9% growth in 2007-08 and it is estimated for year 2008-09 at—
(A) Again 4•5%
(B) 4•3%
(C) 3•3%
(D) 1•6%
Ans : (D)

10. As per the fourth advanced estimates of Agricultural Production for the year 2008-09 released by the Ministry of Agriculture, total foodgrain’s production has been estimated at—
(A) 240•78 million tonne
(B) 230•78 million tonne
(C) 227•88 million tonne
(D) 233•88 million tonne
Ans : (D)

11. Which of the following taxes have been removed in the Union budget for 2009-10 ?
(A) FBT & CTT
(B) Income Tax
(C) GST
(D) CENVAT
Ans : (A)

12. Which committee recommended tax on Agriculture Holdings ?
(A) Bhootlingam Committee
(B) Wanchoo Committee
(C) Raj Committee
(D) None of these
Ans : (D)

13. The Present Service Tax rate is—
(A) 8%
(B) 15%
(C) 12%
(D) 10%
Ans : (D)

14. The cause of deflation is—
(A) Lack of goods and services as compared to money supply
(B) Lack of imports as compared to exports
(C) Lack of money supply as compared to supply of goods and services
(D) None of these
Ans : (C)

15. Which of the following is a better measure of economic development ?
(A) Employment
(B) Size of exports
(C) Rural consumption
(D) National Income
Ans : (D)

16. Which bank in India performs duties of Central Bank ?
(A) Central Bank of India
(B) State Bank of India
(C) Reserve Bank of India
(D) Above (A) and (B)
Ans : (C)

17. Out of one Rupee expenditure, how much paise have been allotted for subsidy in 2010-11 main budget proposals ?
(A) 12 paise
(B) 11 paise
(C) 9 paise
(D) 7 paise
Ans : (C)

18. ‘India Brand Equity Fund’ was established in—
(A) 1996
(B) 1997
(C) 1995
(D) 1992
Ans : (A)

19. Mixed Economy means—
(A) Co-existence of small and large industries
(B) Promoting both Agriculture and Industries in the economy
(C) Co-existence of public and private sectors
(D) Co-existence of rich and poor
Ans : (C)

20. Ministry of HRD has announced to hike FDI limit in Education to—
(A) 65%
(B) 70%
(C) 75%
(D) 100%
Ans : (D)