PAPER : BANK OF MAHARASHTRA PO SOLVED PAPER : (GENERAL AWARENESS)

1. The Govt. of India has taken a decision to open more IITs during the year 2008-09. These IITs will be in which of the following groups of States?

(A) Bihar,Rajasthan,Andhra Pradesh

(B) Andhra Pradesh,Orissa,Karnataka

(C) Karnataka,Tamilnadu,Kerala

(D) Uttar Pradesh,Madhya Pradesh,Bihar

(E) None of these

ANS (A)

2. Which of the following is /are NOT the highlights of the Union Budget 2008-09 ?

(1) A risk Capital fund is to be set up and maintained by one of the financial Institutes.

(2) Allocation for defence is reduced by 10% to make it Rs. 10,000 Crore.

(3) Several new scheme to be introduced for providing social security to the people in unorganized sectors.

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) Both (1) & (2)

(E) All 1,2 & 3

ANS (B) The amount allocated for for defence in the budget 2008-09 is Rs. 105600 Crore which is higher than that in the Budget 2007-08.

3. To help farming community the Govt. of India has decided to raise the minimum support price of Paddy for current Kharif marketing season. What is that Price ?

(A) Rs. 800/quintal

(B) Rs. 900/quintal

(C) Rs. 950/quintal

(D) Rs. 1200/quintal

(E) none of these

ANS (D) The purchase price  recommended by the CACP fOR The Crop Year 2008-09 for general category Rice is Rs. 1000 per quintal and for A- Grade is Rs. 1050 per quintal.

4. Wchich of the following is the correct definition of the term commercial paper ?

(1) It is nothing but the popular name of the judicial stamp papers used to register financial transactions.

(2) It is one of the instrument through which corporate raise debt from the market.

(3) It is the name of the Certificate of Deposits provided by the banks to its retail customers.

(A) Only (1)

(B) Only (2)

(C) Only (3)

(D) Both (1) & (2)

(E) All (1),(2) & (3)

ANS (B)

5. As per the Railway Budget 2008-09 the operating ratio of Railways is pitched at which of the following levels? Approximately

(A) 70%

(B) 75%

(C) 98%

(D) 90%

(E) 81%

ANS (E) As per the Railway Budget 2008-09 the operating ratio of Railways is pitched at 81.4% .

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