IBPS Clerk General Awareness Solved Questions Paper 2011

IBPS Clerk General Awareness Solved Questions Paper 2011 

(Held on 11-12-2011)

1. Which of the following is not a function of a commercial bank?
(A) Providing project finance 
(B) Settlement of payments on behalf of the customers
(C) Deciding policy rates like CRR, SLR and Repo Rates
(D) Issuing credit/debit/ATM cards
(E) Providing services such as locker facilities, remittances
Ans : (C)

2. The Election Commission of India is giving training to the electoral officers of which of the following countries in neighbourhood?
(A) Nepal (B) Pakistan (C) China (D) Bangladesh (E) Bhutan
Ans : (A)

3. What is money laundering?
(A) Conversion of assets into cash (B) Conversion of money which is illegally obtained
(C) Conversion of cash into gold (D) Conversion of gold into cash
(E) Conversion of gold with foreign currency
Ans : (B)

4. As per news reports in various newspapers and journals, ‘IAEA’ Governors approved the safety plan, so that it can be implemented by all the countries, willing to adopt it. IAEA is an agency/ organization working in the area of–
(A) Nuclear Energy (B) World Trade (C) International Banking 
(D) Defence (E) Social Welfare
Ans : (A)

5. Which one of the following is not a salient feature of debit card?
(A) No bad debts to banks and no suits for recovery
(B) No interest earning for banks
(C) Works like a normal withdrawal slip
(D) 45 days credit is given to the card holder
(E) All of the above
Ans : (D)