IBPS CWE GENERAL AWARENESS MODEL QUESTIONS

1. We often come across the term Production Sharing Contract [PS(3)] in financial news these days. PSC refers to sharing of output with the government by companies, public sector as well private ones, in which sector ?
1) Fertiliser   
2) Food processing
3) Telecom   
4) Petroleum
5) None of these

2.What is the meant by recent news reports saying – "Indian Rupee is appreciating"?
I) THe purchasing power of the Rupee in India has declined
II) The exchange rate of Rupee in India has gone up
III) The purchasing power of the Rupee in India has gone up
1) I only   
2) II only
3) II or III only   
4) III only
5) None of these

3.Which state was in news for passing a Bill for regulating Micro Finance Institutions recently?
1) Tamil Nadu   
2) Bihar
3) Karnataka   
4) Andhra Pradesh
5) None of these

4.Which of the following has become the first state to sign a MoU with the Ministry of Statistics and Programme Implementation under the state statistical strengthening project (SSSP) that will aim at building statistical capacity and infrastructure recently ?
1) Uttar Pradesh   
2) Karnataka
3) Kerala   
4) Tamil Nadu
5) None of these

5.The Pension Fund Regulatory and Development Authority (PFRDA) has taken which of the following decisions to popularise the New Pension System (NPS) recently ?
1) It has increased the interest rate on NPS deposits
2) It has allowed premature withdrawals
3) It has increased govt. subsidy for NPS deposit holders
4) It has increased distributors' commission
5) None of these

6.The All India Federation of Horoogical Industries represents the interests of which of the following sectors ?[...]

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