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Nobel prize for medicine for 2012 is shared by John B Gardon of UK and Shinya Yamanaka of Japan for their

discovery: that mature cells can be reprogrammed to become pluripolent With the relaxing the souring norms of FDI in single brand retail, IKEA, a furniture and home furnishing chain recently filed the final document seeking permission. Which country does IKEA belongs to? Sweden Cisco systems Inc recently ended a longstanding sales partnership with which Chinese major after allegations that it sold CISCO networking gear to Iran? ZTE In the latest ICC T20 ranking what is India's position? 3rd Name the first Indian corporate to receive the go-ahead from RBI for refinancing expensive rupee loans with cheaper dollar credit. Essar Group From which country Abu Hamza-al-Masri, extremist Egyptian-born preacher and four other extradited to US recently? UK The popular Mobile game of wingless birds, Angry Bird's franchise is making mullah through licensing pacts with Indian Companies. Its original licensed merchandise is: Rovio Entertainment Name the film by Sanjiv Jaiswal about how the caste system came into existence which faced unnecessary delay due to objections by a high-caste group which is to be released soon. Shudra: The Rising Who won recently concluded Japanese Grand Prix? Sebastian Vettol Name the committee set up to examine issues related to sugar decontrol. Rangarajan Committee Ques. : 1 Which of the following statements is true regarding the National Telecom Policy (NTP) 2012, which has been recently approved by the Union Cabinet? 1) The policy promises broadband for all with a minimum download speed of 2 megabits 2) Consumers who use national roaming can now expect to pay local call charges

3) The policy also allows national number portability, but again, with no visible timelines 4) The policy also gets a formal approval of the new unified licensing regime which allows companies to provide ISP, fixed line, international & national long distance, and a few other services through single licence ALL OF THE ABOVE Ques. : 2 Which of the following states has become the transit point for trafficking of children and women? Delhi Ques. : 3 Which of the following days is celebrated on 31st May worldwide? World No Tobacco Day Ques. : 4 India with which of the following countries is planning to set up homes for prisoners on either side of the international borers to house those who have completed their jail term but were yet to be repatriated? Pakistan Ques. : 5 Who among the following has been dropped out of the list of the top 40 billionaires measured by Bloomberg Billionaires Index? Mark Zuckerberg Ques. : 6 India with which of the following countries has signed a Tax information Exchange Agreement to promote economic cooperation and joint investment between the two countries aimed at boosting bilateral trade that stands at $1.7 billion? Bahrain Ques. : 7 Which of the following soft drinks brand has tied up with IndiGo airlines to promote its latest football campaign with the idea of surprising 6E passengers at the six busiest airports with Football kits? Pepsi Ques. : 8 The Champions League Twenty20, which was scheduled to be held in India, is likely to be shifted to which of the following countries due to logistical problems? Answer:- 2 : South Africa Ques. : 9 Which of the following Indian cricket team's sponsor will become the sponsor of the Bangladesh cricket team for the next four years? Answer:- 3 : Sahara Group Ques. : 10 Who among the following England's finest stroke players and the most popular cricket star worldwide has recently announced his retirement from the limited-over internationals? Answer:- 1 : Kevin Pietersen Ques. : 11 Registration of marriages within 60 days of tying the knot will become mandatory in which of the following states and its non compliance will invite a fine of Rs 10,000? Answer:- 3 : Delhi Ques. : 12 As per the latest India State of Forest Report 2011, amongst all the Indian states which of the following states has the maximum Forest Cover area in the country?

Answer:- 1 : Madhya Pradesh Ques. : 13 Which of the following countries is expected to become the second largest producer of crude steel in the world by 2015? Answer:- 2 : India Ques. : 14 Which of the following state's High Court has quashed Central Government's decision of the creation of 4.5% sub-quota for religious minorities including Muslims, Sikhs, Christians, Buddhists and Parsis, within the 27% OBC quota? Answer:- 4 : Andhra Pradesh Ques. : 15 Who has written the book 'The God of Small Things'? Answer:- 1 : Arundhati Roy Ques. : 16 Under the Annapurna Scheme how much foodgrains is provided to an eligible person every month for free of cost under the scheme? Answer:- 2 : 10 kg Ques. : 17 Zero balance account is generally allowed to be opened for Answer:- 1 : Salaried class Ques. : 18 What is the full form of letter 'C' in CBS? Answer:- 2 : Core Ques. : 19 Which of the following terms is NOT used in the field of banking and finance? 1) Commercial paper 2) Premium bonds 3) Blue chip companies 4) Call option 5) Wobbe Index Answer:- 5 : Wobbe Index Ques. : 20 Constitutionally, which one of the following can levy Service Tax? Answer:- 1 : State Government only Ques. : 21 In the proposed low cost pension scheme, which one of the following has been made responsible for maintaining of the records of pension account of an individual? Answer:- 2 : National Securities Depositories Ltd (NSDL) Ques. : 22 The rate of interest, banks charge to its main/major and prime; customers is popularly called as Answer:- 1 : Prime Lending Rate Ques. : 23 Currency Swap is an instrument to manage Answer:- 4 : cash flows in different currencies Ques. : 24 The branding line of Punjab National Bank is Answer:- 3 : A Name You Can Bank Upon Ques. : 25 When someone wants to open a new savings bank account, the bank asks him/her to bring various documents. Which of the following is one of these documents? Answer:- 3 : Identity Proof and Proof of Residence Ques. : 26 Name the leader of notorious Ranvir Sena, a miltia of uppper castes of central Bihar, who was shot

dead by unidentified gunmen in Bihar's Bhojpur district recently? Answer:- 1 : Brahmeshwar Singh Ques. : 27 Which of the following state's High Court judge has been suspended in a cash-for-bail scandal involving a mining baron? Answer:- 3 : Andhra Pradesh Ques. : 28 Which of the following state governments has decided to re-impose property tax on buildings including residential in the State? Answer:- 2 : Haryana Ques. : 29 Which of the following countries has recently joined 41 other countries at the United Nations Human Rights Council (UNHRC) in Geneva to vote for a resolution strongly condemning the recent El-Houleh incident, which resulted in the death of over a hundred civilians including women and children? Answer:- 3 : India Ques. : 30 Who among the following IndianAmericans has won the 85th Scripps National Spelling Bee 2012 recently? Answer:- 2 : Snigdha Nandipati Ques. : 31 Who among the following has been conferred with the Presidential Medal of Freedom 2012, the highest civilian honour given in the US? Answer:- 5 : Bob Dylan Ques. : 32 Which of the following books is written by Upamanyu Chatterjee? Answer:- 3 : English August Ques. : 33 Which of the following states has topped as the fastest growing state with a striking 13.1percent growth in 2011-2012? Answer:- 1 : Bihar Ques. : 34 Which of the following social networking sites has launched its 'pay to post' service that allows users to highlight or promote posts by paying a small fee? 1) Twitter 2) Orkut 3) Facebook 4) LinkedIn 5) Google Plus+ Answer:- 3 : Facebook Ques. : 35 Which of the following states BJP MLA has been convicted by a special Lokayukta court in a property bribery case? 1) Andhra Pradesh 2) Karnataka 3) West Bengal 4) Bihar 5) Uttar Pradesh Answer:- 2 : Karnataka Ques. : 36 Which of the following programmes is run by the Government of India to provide safeguard against starvation during the period of natural calamities? 1) Targeted Public Distribution System

2) Antyodaya Anna Yojana 3) Jeevan Anurag 4) Village Grain Bank Scheme 5) National Food for Work Programme Answer:- 4 : Village Grain Bank Scheme Ques. : 37 The Government of India provides direct financial support to which of the following schemes? 1) Jeevan Bharati Scheme 2) ULIP 3) Sampoorna Grameen Rozgar Yojana 4) Packing Credit Guarantee Scheme 5) None of these Answer:- 3 : Sampoorna Grameen Rozgar Yojana Ques. : 38 India's first International Container Transhipment Terminal (ICTT) is located in which of the following states? 1) Andhra Pradesh 2) Karnataka 3) Tamil Nadu 4) Kerala 5) Goa Answer:- 4 : Kerala Ques. : 39 Which of the following pacts/agreement allows Afghanistan to sell its goods in India without paying any tax? 1) Free Market Agreement 2) Most Favoured Nation 3) South Asian Free Trade Area, SAFTA 4) Agreement for Direct Foreign Investment 5) Agreement to help least Developed Countries Answer:- 5 : Agreement to help least Developed Countries Ques. : 40 Which of the following days is observed on 1st June every year? 1) World Milk Day 2) World Naturist Day 3) World Blood Donor Day 4) World Music Day 5) World Diabetes Day Answer:- 1 : World Milk Day Ques. : 41 Which of the following states became the first in the country to launch Children's Courts for speedy trail of crime against children? 1) Haryana 2) Uttar Pradesh 3) Delhi 4) Maharashtra 5) West Bengal Answer:- 3 : Delhi Ques. : 42 The Kaladan Multimodal Transit Transport Project is a joint initiative of India and which of the following neighbouring countries? 1) Nepal 2) Pakistan 3) Sri Lanka 4) Myanmar

5) Bhutan Answer:- 4 : Myanmar Ques. : 43 When we deposit a cheque issued in our name in the bank, the bank always checks if the cheque has been crossed or not? Why is this done? 1) It is a process by which the person who has issued the cheque comes know whether the cheque is enchased or not 2) It ensures that the money is deposited only in the account of the person in whose name the cheque has been drawn 3) The bank insists on it only when the party wants the payment immediately and that too in cash only 4) This is the instruction of RBI that all the cheques of the amount of Rs 10,000 should be accepted only if they are crossed 5) None of these Answer:- 2 : It ensures that the money is deposited only in the account of the person in whose name the cheque has been drawn Ques. : 44 Under provisions of which one of the following Acts, the Reserve Bank of India (RBI) issues directives to the Banks in India? 1) Banking Regulation Act 2) Essential Commodities Act 3) Banking Regulation Act 4) RBI and Banking Regulation Act 5) None of these Answer:- 4 : RBI and Banking Regulation Act Ques. : 45 In banking terms, BCSBI stands for which of the following? 1) Banking Credit and Securities Board of India 2) Banking Codes and Standards Board of India 3) Banking Consumer and State Board of India 4) Banking Commerce and Secretarial Board of India 5) Banking Communications and Systems Board of India Answer:- 2 : Banking Codes and Standards Board of India Ques. : 46 Lack of access to financial services is technically known as 1) financial inclusion 2) financial stability 3) financial instability 4) financial exclusion 5) poverty Answer:- 4 : financial exclusion Ques. : 47 Loans of very small amounts given to low income groups is called 1) Micro Credit 2) Cash Credit 3) Simple Overdraft 4) Rural Credit 5) No Frills Loan Answer:- 1 : Micro Credit Ques. : 48 When a bank dishonours a cheque 1) it is called withdrawing of the cheque

2) it is called settlement of the cheque 3) it is called nullifying of the cheque 4) it is called return of the cheque unpaid 5) it is called truncating of the cheque Answer:- 4 : it is called return of the cheque unpaid

Ques. : 49 When the loan is guaranteed for purchase of white goods it is called 1) White goods loan 2) Consumer durable loan 3) Business loan 4) Consumption loan 5) Proprietary loan Answer:- 2 : Consumer durable loan Ques. : 50 While tackling the problem of inflation, which one of the following aspects is taken into consideration by the Reserve Bank of India, RBI? 1) Balance between budget deficit and price stability 2) Balance between prices of the essential commodities 3) Balance between growth and financial stability 4) Balance between growth, price stability and financial stability 5) All of the above Answer:- 2 : Balance between prices of the essential commodities Ques. : 1 Recently Parthasarathi Shome Panel recommendations made news. These recommendations are related to Answer:- 2 : retrospective tax Ques. : 2 What are the recommendations of the Prathasarathi Shome Panel? 1) Retrospective application of the tax law should occur in exceptional or rarest of the rare cases. 2) If govt opts for retrospective taxation of indirect transfers, no burden should be fixed on the payer for non-deduction of TDS. 3) Exempting interest and penalty on cases where demand of tax is raised on account of retrospective amendment related to indirect transfer. Ques. : 3 SEBI has prohibited Arun Jain, chairman and managing director of Polaris Software Lab from transacting in securities for two years on the charges of Answer:- 1 : insider trading Ques. : 5 Who won ICC womens world T20 2012 ? Answer:- 3 : Australia Ques. : 6 Sail hatchback is a new car model to be launched by which automaker in India? Answer:- 2 : General Motors Ques. : 7 French scientist Serge Haroche and American scientist David Wineland, both 68, won Physics Nobel for 2012 for Answer:- 4 : finding ways to measure quantum particles without destroying them

Ques. : 8 Finance ministry has approved unconditional sovereign guarantee to Air India bond to raise Rs 74000 crore through Answer:- 1 : Non-convertible Debenture Ques. : 9 Indian Railways has recently launched an application with the help of which one can track the exact geographical location of a train on a Google map. This facility is available for 6500 trains among the 10000 trains that the Railways runs. Name the application. Answer:- 4 : RailRadar Ques. : 10 Recently considered to be single biggest recall of cars globally since 1996, an automaker recalled 7 million cars (8700 in India) including Corolla, Camry and Yaris models. These models are associated with which company? Answer:- 3 : Toyota Motors

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