15 Socio-Economic & Current Banking Awareness Questions for IBPS Clerk Exam 2012

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IBPS is going to conduct the clerk Exam in Dec 2012 or Jan 2013.Lakhs of students have applied for this exam, there by making it the toughest exam competition wise.

In our previous posts, we have shared the Current Affairs Question useful for the Upcoming IBPS Clerk exam and now in this post, we are going to share some Questions on the Socio Economic and Current Banking Awareness.

Here are the 15 Socio-Economic and Current Banking Awareness Questions

1. RBI in its policy review on September 17, 2012 made alteration in—

(A) Only Bank Rate
(B) Only CRR
(C) Only Repo Rate
(D) Only SLR





2. w.e.f. September 22, 2012 the Cash Reserve Ratio (CRR) stands at—

(A) 5.25%      
(B) 5.00%
(C) 4.75%      
(D) 4.5%



3. While announcing the minimum support prices of pulses for the year 2011-12, govt, has provided additional incentive to procurement agencies payable during the harvest/arrival period of two months at the rate of—

(A) Rs 250 per quintal
(B) Rs 500 per quintal
(C) Rs 600 per quintal
(D) Rs 750 per quintal



4. At the end of March 2012, India's external debt stood at—

(A) $ 260.9 billion
(B) $ 305.9 billion
(C) $ 345.8 billion
(D) $ 368.3 billion



5. At end-March- 2011, India's External debt to GDP was 17.8 which at end-March 2012 changed to—

(A) 18.3
(B) 20.0
(C) 20.9
(D) 21.6



6. As per the provisional data released by CSO for the Q1 of 2012-13, the GDP growth has been estimated at—

(A) 5.1%
(B) 5.5%
(C) 5.9%
(D) 6.2%



7. During Q1 of 2012-13, which sector among the following registered the highest growth—

(A) Mining and Quarrying
(B) Manufacturing
(C) Agriculture and Forestry
(D) Trade, Hotel, Transport and Communication



8. At end-March 2012 the concessional debt to total external debt per cent stood at—

(A) 16.8
(B) 15.5
(C) 13.9       
(D) 12.2



9. Which quarter of the year 2011-12 registered the highest / slowest growth respectively—

(A) Q1/Q4    
(B) Q2/Q4
(C) Q2/Q3   
(D) Q3/Q4



10. On September 13, 2012 government raised the diesel price by—

(A) Rs 4 per litre
(B) Rs 4-50 per litre
(C) Rs 5 per litre
(D) Rs 6 per litre



11. Government has announced to limit the sale of subsidised LPG cylinder to—

(A) 4 per year
(B) 6 per year
(C) 9 per year
(D) 12 per year



12. While announcing hike in diesel prices, government also reduced the excise duty on petrol to avoid a price increase in petrol. This reduction of excise duty is—

(A) Rs 1.50 per litre
(B) Rs 3.50 per litre
(C) Rs 4.50 per litre
(D) Rs 5.30 per litre



13. Initiating the process of economic reforms government has allowed Foreign Direct Investment (FDI) in aviation up to—

(A) 27%
(B) 43%
(C) 49%
(D) 51%



14. Recently government allowed FDI in multi-brand retail and capped at—

(A) 27%
(B) 49%
(C) 51%
(D) 74%



15. On September 14, 2012 government approved stake sale in four Public Sector Undertakings (PSUs). Which of the following PSU is not among them ?

(A) HAL
(B) Hindustan Copper
(C) Oil India
(D) MMTC



After Reading This Quiz, Students Read these Articles and Quizzes

15 Must Read Current Affairs Questions for IBPS Clerk Exam 2012


10 Current Economic Awareness Questions for IBPS Clerk Exam

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Posted by IBPS Portal on 6:00 PM. Filed under . You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

3 comments for "15 Socio-Economic & Current Banking Awareness Questions for IBPS Clerk Exam 2012"

  1. Whats the ans of last ques??

  2. informative series.....please keep it up !

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