LIC FSE General Knowledge Question Paper 2020 Sample Model Paper

LIC FSE General Knowledge Question Paper 2020 Sample Model PaperLIC FSE General Knowledge Question Paper 2020 Sample Model Paper.

General Awareness

. As per the decision taken by the Govt. of India now the National Rural Employment Guarantee Act is extended to all the districts of India. This means it will now be applicable to about—
(A) 200 districts
(B) 300 districts
(C) 400 districts
(D) 500 districts
(E) 626 districts

2.Which of the following is the amount of insurance cover provided to the workers of the unorganized sector under Rashtriya Swasthya Bima Yojana ?
(A) Rs. 10,000
(B) Rs. 20,000
(C) Rs. 30,000
(D) Rs. 40,000
(E) Rs. 50,000

3. Which of the following banks has taken over the Centurion Bank of Punjab ?
(A) ICICI Bank
(B) IDBI Bank
(C) HDFC Bank
(D) AXIS Bank
(E) None of these

4. Unique Identification Authority of India will set up data base for—
(A) Identity and biometrics details of Indian residents
(B) Identity and biometrics details of Indian citizens
(C) Identity and biometrics details of person’s residents in India or visiting India
(D) All the above
(E) None of these

5. The biggest Public Sector undertaking in the country is—
(A) Iron and steel plants
(B) Roadways
(C) Railways
(D) Airways
(E) None of these

6. Which of the following is Horticulture Crop ?
(A) Paddy
(B) Wheat
(C) Mango
(D) Bajara
(E) None of these

7. Which of the following nation is considered the originator of the concept of Micro Finance ?
(A) India
(B) Bangladesh
(C) South Africa
(E) None of these

8. Very often we read in news papers about 3G or 3rd Generation technology. This is a set of standards used for which of the following purposes ?
(A) To combat climatic changes
(B) Production of Nuclear Energy
(C) Film Production
(D) Mobile Telecommunications
(E) All of these

9. What is the full form of ‘ULIP’, the term which was in the news recently ?
(A) Universal Life and Investment Plan
(B) Unit Loan and Insurance Plan
(C) Universal Loan and Investment Plan
(D) Uniformly Loaded Investment Plan
(E) Unit Linked Insurance Plan

10. The main function of I. M. F. is to—
(A) Finance investment loans to developing countries
(B) Act as a private sector lending arm of the World Bank
(C) Help to solve balance of payment problems of member countries
(D) Arrange international deposits from banks
(E) None of these

11. The difference between visible exports and visible imports is defined as
(A) Balance of trade
(B) Balance of payment
(C) Balanced terms of trade
(D) Gains from trade
(E) All the above

12. Invisible Export means export—
(A) Services
(B) Prohibited goods
(C) Unrecorded goods
(D) Goods through smuggling
(E) All the above

13. ‘Indira Gandhi Canal’ which is around 450 km long provide irrigation facility mainly to which of the following states ?
(A) Punjab
(B) Haryana
(C) Madhya Pradesh
(D) Gujarat
(E) Rajasthan

14. The rate of MAT has been increased from the present 15% to 18% with effect from April 2010. What is the full form of MAT ?
(A) Maximum Alternate Tax
(B) Minimum Alternate Tax
(C) Minimum Affordable Tax
(D) Maximum Affordable Tax
(E) None of these

15. RBI has asked banks to make a plan to provide banking services to all villages having a population upto 2000. This directive issued by the RBI will fall in which of the following categories ?
(A) Plan for Financial Inclusion
(B) Efforts to meet the targets of Priority Sector Lending
(C) Extension of Relief Packages to the Farmers
(D) Plan for opening more rural branches
(E) None of these

16. Which of the following is not a part of the scheduled banking structure in India ?
(A) Money Lenders
(B) Public Sector Banks
(C) Private Sector Banks
(D) Regional Rural Banks
(E) State Cooperative Banks

17. The rate of interest on Savings Bank Account is stipulated by—
(A) The concerned bank
(C) Indian Banks Association
(D) Government of India
(E) Banking Codes and Standards Board of India

18. Many times we read a term CBS used in banking operation. What is the full form of the letter ‘C’ in the term ‘CBS’ ?
(A) Core
(B) Credit
(C) Continuous
(D) Complete
(E) None of these

19. In the year 2010, Commonwealth Games were organized in which of the following countries ?
(A) China
(B) South Africa
(C) Canada
(D) Brazil
(E) India

20. Which of the following metals is used for generation of nuclear Energy by most of the Nuclear Power Plants ?
(A) Zinc
(B) Platinum
(C) Uranium
(D) Nickel
(E) None of these

21. Many a time we read a term ‘PPP’ in financial dailies/magazines. What is the full form of the same as used in financial world ?
(A) Public Per Capita Power
(B) Per Capita Potential Purchases
(C) Purchasing Power Parity
(D) Present Purchasing Power
(E) None of these

22. The recent press report indicates that one of the Economies of the world took over another Economy in GDP terms to gain nubmer Two, ranking at world level. Which one of the following country is that ?
(A) Japan
(B) China
(C) Germany
(D) Australia
(E) India

23. Which of the following villagers received first lot of UID numbers ?
(A) Vaijapur in Maharashtra
(B) Bedkihal in Karnataka
(C) Tembhli in Maharashtra
(D) Navagam in Gujarat
(E) None of these

24. The highest weight in the revised Wholesale Price Index, implemented from September 2010 is given to which of the following item ?
(A) Fuel
(B) Food items
(C) Manufactured items
(D) Primary Articles
(E) All of these

25. Which one of the following is a driving force influencing the industrial growth of an economy ?
(A) Economic Factors only
(B) Investment only
(C) Innovation/Market Base only
(D) Only (A) and (B)
(E) All (A), (B) and (C) 26. What do you understand by Community Development programmes ?
(A) Villages participation in the programme
(B) A movement to promote better living for the whole community
(C) A movement to promote better living for the whole community with the assistance of local Government
(D) A movement designed to promote better living for the whole community with the active participation and on the initiative of the community
(E) None of these

26. Which one of the following is the target fixed for fiscal deficit in the year 2010-2011 ?(A) 3•5%
(B) 4•0%
(C) 5•5%
(D) 5•0%
(E) None of these
Ans : (C)

27. Which one of the following companies is the largest producer of natural gas in the country ?(A) ONGC
(C) Cairn India
(E) None of these
Ans : (A)

28. Which one of the following states has sought a package of Rs. 500 crores ($ 100 million) for its Rural Poverty Reduction Programme ?(A) M.P.
(B) Tamil Nadu
(C) A.P.
(D) Karnataka
(E) None of these
Ans : (C)

29. Chinese objections have stalled the road work at the village of Demchok, on the Indian side of the line of control. In which one of the following states is this village located ?(A) Arunachal Pradesh
(B) Assam
(C) Himachal Pradesh
(D) Rajasthan
(E) None of these
Ans : (E)

30. Constitutionally, which one of the following can levy Service Tax ?
(A) Union Govt. only
(B) State Govt. only
(C) Union Territory Govt. only
(D) All of these
(E) None of these
Ans : (D)

31. 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 ?(A) SIDBI
(B) National Securities Depositories Ltd. (NSDL)
(C) Stock Holding Corporation of India
(E) None of these
Ans : (B)

32. Which one of the following is/are implication(s) of large inflow of foreign exchange into the country ?1. It makes monetary management difficult for RBI.
2. It creates money supply, asset bubbles and inflation.
3. It weakens the competitiveness of Indian exports.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
Ans : (B)

33. The Central Banks of which one of the following countries has offered $ 115 billion emergency credit to support its economy hit by falling prices and also to strengthen its currency ?(A) South Korea
(B) Japan
(C) U.K.
(E) None of these
Ans : (B)

34. Which of the following books is written by Chetan Bhagat ?(A) The Golden Gate
(B) A House for Mr. Biswas
(C) 2 States
(D) White Tiger
(E) None of these
Ans : (C)

35. NTPC Ltd. is in the process of exploring opportunities to source coal from overseas. In which one of the following countries has the NTPC identified two new coal mines ?(A) Bhutan
(B) Australia
(C) South Korea
(D) Indonesia
(E) None of these
Ans : (D)

36. Which of the following organizations has raised its loan amount to India to make it US $ 7 billion in 2009-10 fiscal ?(A) Asian Development Bank
(B) International Monetary Fund
(C) World Bank
(D) European Union
(E) None of these
Ans : (C)

37. Who amongst the following cricket players became the first to score 17000 runs in One Day Internationals ?(A) Rahul Dravid
(B) Stephen Fleming
(C) Ricky Ponting
(D) Sachin Tendulkar
(E) None of these
Ans : (D)

38. The Govt. of India has decided to use the Core Banking System of banks to ensure proper usage of funds provided for which of its following programmes ?(A) Literacy Mission
(B) Pradhanmantri Gram Sadak Yojana
(C) National Health Mission
(D) All of these
(E) None of these
Ans : (A)

39. Famous Dada Saheb Phalke Award is given for exemplary work in the field of—(A) Sports
(B) Literature
(C) Science & Technology
(D) Social Service
(E) None of these
Ans : (E)

40. The Reverse Mortgage Scheme was launched by some organizations a few years back. This was done to help which of the following sections of society ?(A) Beneficiaries of the NREGA
(B) People living Below Poverty Line
(C) Youngsters
(D) Senior Citizens
(E) None of these
Ans : (D)

41. The organization of the South East Asian countries is known as—(A) OPEC
Ans : (B)

42. ‘Miss Earth 2009’ title has been conferred upon—(A) Alejandra Pedrajas
(B) Sandra Saifert
(C) Jessica Barboza
(D) Larissa Ramos
(E) None of these
Ans : (D)

43. Which of the following countries became the third largest producer of Steel in the world in 2009 ?(A) China
(B) India
(D) Japan
(E) None of these
Ans : (B)

44. The Foreign Trade policy is announced recently by the Govt. of India. Which of the following ministries/agencies announce the same ?(A) Reserve Bank of India
(B) Export Import Bank of India (EXIM Bank)
(C) Ministry of Foreign Affairs
(D) Ministry of Commerce & Industry
(E) None of these
Ans : (D)

45. Irina Bokova has taken over as the Chief of the—(A) ILO
Ans : (E)

46. Dorjee Khandu has taken over as the Chief Minister of—(A) Meghalaya
(B) Uttarakhand
(C) Arunachal Pradesh
(D) Assam
(E) None of these
Ans : (C)

47. Which of the following terms is used in the game of Football ?(A) Caddy
(B) Cutback
(C) Mid-on
(D) Love
(E) None of these
Ans : (B)

48. Which of the following is considered a Non Food Crop ?(A) Wheat
(B) Maize
(C) Bajra
(D) Rice
(E) Jute
Ans : (E)

49. Who amongst the following was the Prime Minister of Nepal immediately prior to Madhav Kumar Nepal ?(A) Ram Baran Yadav
(B) Pushpakamal Dahal
(C) Girija Prasad Koirala
(D) Mahendra Kumar Suryavanshi
(E) None of these
Ans : (B)

50. The 10th India-European Summit was held in New Delhi in November 2009. Who amongst the following represented India and also chaired the same ?(A) S. M. Krishna
(B) Pratibha Patil
(C) Pranab Mukherjee
(D) Manmohan Singh
(E) None of these
Ans : (D)

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