United Bank of India Solved 2009 Paper

1. Which of the following is/are the key features of Indian Economy which were highlighted during the presentation of the Interim Budget 2009-10 ?
1. Despite global financial crisis the GDP growth rate in current financial year has been 7•1 per cent.
2. Indian economy was adjudged as second fastest growing economy in the world
3. A provision of Rs. 100 crores is made in the annual plan 2009-10 for setting up Unique Identification Authority of India.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : D

2. As per the decision taken by the Govt. of India all the Public Sector Banks (PSBs) will be recapitalised over the next two years so that they can maintain a Capital Adequacy Ratio (CAR) of ……….
(A) 9%
(B) 12%
(C) 11%
(D) 22%
(E) None of these
Ans : B

3. As per the agreements signed by the Nuclear Power Corporation of India Ltd. (NPCL) and National Thermal Power Corporation (NTPC) a joint Venture will be launched for setting up various Nuclear Power Plants in India. If this is materialized all these establishments will be required to function necessarily under the framework of which of the following existing acts ?
1. Industrial Disputes Act
2. Monopolies and Restrictive Trade Practices Act
3. Atomic Energy Act
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : C

4. As per the reports published in the newspapers India has signed an agreement to supply its Dhruv Advanced Light Helicopter (ALH) to ……….
(A) Mauritius
(B) Bangladesh
(C) Nepal
(D) Zimbabwe
(E) Vietnam
Ans : A

5. A major Financial Newspaper while writing about the present status of economy in India wrote “the outlook in the agricultural sector gives room for optimism”. What does it really mean ?
[Pick up most appropriate statement(s)]
1. Agricultural Sector which was not playing any significant role in Indian economy is now growing very fast and significantly.
2. Agricultural sector is not going to play any major role in economy as its progress is still very slow.
3. Govt. will not require to provide any boost up package to agricultural sector as it is likely to be satisfactory this year.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Either 1 or 3
(E) None of these
Ans : C

6. Which of the following countries launched world’s first satellite for monitoring Greenhouse Gases ?
(A) USA
(B) Britain
(C) Japan
(D) China
(E) India
Ans : C

7. The Govt. of India allowed the Income Tax Department to set up its centralized IT processing centre in ……….
(A) Bangalore
(B) Chennai
(C) Mumbai
(D) Kolkata
(E) Hyderabad
Ans : A

8. What is the minimum support price announced by the Govt. of India for Rabi crops of wheat ?
(A) Rs. 900 quintal
(B) Rs. 950 quintal
(C) Rs. 1,000 quintal
(D) Rs. 1,080 quintal
(E) Rs. 1,200 quintal
Ans : D

9. Ms. Johanna Sigurdardottir has taken over as the first women Prime Minister of ……
(A) Brazil
(B) Iceland
(C) Peru
(D) New Zealand
(E) Tunisia
Ans : B

10. Who amongst the following is the New Prime Minister of Israel after the general election held there in recent past ?
(A) Lieberman
(B) Tzipi Livini
(C) Shimon Peres
(D) Benjamin Netanyahu
(E) None of these
Ans : D

11. We very frequently read about the activities of the Foreign Exchange Market in newspapers/magazines. Which of the following is/are the major functions of the same ?
1. Transfer of purchasing power from domestic to foreign market.
2. Providing credit for financing foreign trade.
3. Power to purchase gold from foreign countries as most of the nations still work on Gold Standards.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2 only
(E) Both 2 and 3 only
Ans : D

12. The Govt. of India recently introduced Money Laundering Bill 2009. Under the bill which of the following agencies is empowered to search the premises after the offence is committed and a case is filed ?
(A) Income Tax Department
(B) Vigilance Department of the Reserve Bank of India
(C) Enforcement Directorate
(D) Central Bureau of Investigation
(E) None of these
Ans : C

13. Which of the following is not a Welfare scheme launched by the Govt. of India ?
(A) Village Grain Bank Scheme
(B) Sampoorna Gramin Rozgar Yojana
(C) Annapurna Scheme
(D) Midday Meal Scheme
(E) Bharat Nirman Yojana
Ans : E

14. Which of the following programmes was launched to further improve the facilities of irrigation in rural India ?
(A) National Social Assistance programme
(B) Construction of Kiosks for poors
(C) Sampoorna Grameen Rozgar Yojana
(D) Annapurna Scheme
(E) National Watershed Development Programme
Ans : E

15. Which of the following is/are the components of the Fiscal Deficit ?
1. Budgetary Deficit
2. Market Borrowings
3. Expenditure made from Pradhan Mantri Rahat Kosh
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
ANs : A