SBI Bank (Po) General Awareness Exam [18-04-2010]

Every device on the Internet has a unique IP address (also called an "Internet address") that identifies it in the same way that a street address identifies the location of a house. The IP address is a numerical label assigned to each device connected to a computer network that uses the Internet Protocol for communication. It serves as a unique identifier for the device, allowing it to send and receive data over the internet.

When you save a presentation, all slides in the presentation are saved in the same file. This means that all the content, graphics, animations, and slides are stored together in a single file. This makes it easier to manage and share the presentation as there is only one file to work with. Additionally, saving all the slides in the same file ensures that the presentation can be opened and viewed properly with all its elements intact.

The correct answer is US Dollar. This is because the US Dollar is the most widely accepted and used currency for global foreign exchange reserves and transactions. It is considered the world's primary reserve currency and is used for international trade, investments, and financial transactions. The US Dollar's dominance in the global economy is due to factors such as the stability of the US economy, the size and liquidity of the US financial markets, and the influence of the United States in international affairs.

To send a message to another station, the main thing a user has to know is the other station's address. This address is essential for establishing a connection and ensuring that the message reaches the intended recipient. Understanding how the network works, whether it is packet-switched or circuit-switched, or whether it is a voice or data network may be helpful in optimizing the message transmission, but the fundamental requirement is knowing the address of the destination station.

SME stands for Small and Medium Enterprises. This term refers to businesses that have a small to medium-sized workforce and revenue. SMEs play a crucial role in the economy as they contribute to job creation, innovation, and economic growth. They are often considered the backbone of many economies around the world.

The correct answer is the nuclear program of North Korea. The peace talks between North Korea and the USA were resumed after a gap of several months due to their ongoing dispute over North Korea's nuclear program. This issue has been a major point of contention between the two countries, with the USA pushing for denuclearization and North Korea seeking to maintain its nuclear capabilities.

A successful "Blue Ocean Strategy" requires effective communication, innovative skills, and motivation. Effective communication is necessary to convey the vision and goals of the strategy to all stakeholders involved. Innovative skills are essential to identify and create new market opportunities that are unique and different from existing competitors. Motivation is crucial to drive and sustain the implementation of the strategy, as it often involves taking risks and challenging the status quo. Therefore, all of the above factors are necessary for a successful "Blue Ocean Strategy".

Horne Loans can be best canvassed among individuals wanting to buy a flat or house. This is because Horne Loans provides financial assistance specifically for individuals who are looking to purchase a residential property. They offer loans and mortgage options that cater to the needs of homebuyers, making them the ideal choice for those who are in the market for a new home.

The Securities and Exchange Board of India (SEBI) has recently decided that all the Stock Exchanges should introduce physical settlement of equity derivatives. This means that instead of settling trades through cash, the exchanges will now settle them by the physical delivery of the underlying asset. This decision by SEBI aims to enhance transparency, reduce speculation, and bring more stability to the derivatives market.

The correct answer is Bharat Nirman. The explanation is that the government of India has announced a plan to provide Rs 48,000 crore for the development of rural infrastructure in the country. This development is being undertaken under the Bharat Nirman scheme.

In a client/server model, the client program is responsible for requesting information from the server. The server then processes the request and sends the requested information back to the client. Therefore, the correct answer is "asks for information".

Storing the same data in multiple places is called redundancy. This practice is often used to ensure data availability and fault tolerance in case one copy of the data becomes inaccessible or corrupted. Redundancy can be achieved through various methods such as data replication, backup systems, or distributed storage systems.

Cross-selling is the basic function of all salespersons. This means that it is the responsibility of salespersons to not only sell a specific product or service to a customer, but also to identify and promote additional products or services that may be of interest to the customer. By cross-selling, salespersons can increase sales revenue and provide a better customer experience by offering complementary products or services.

An intranet is an internal network that is specifically designed to meet the internal informational needs of a single organization. It is not used to transfer information externally or between two organizations. Therefore, the correct answer is that an intranet is an internal network designed to serve the internal informational needs of a single organization.

An information system is a set of inter-related components that collect, process, store, and distribute information to support decision making and control in an organization. It encompasses the technology, people, processes, and data that work together to manage information within an organization. This definition aligns with the given answer choice "an information system."

The correct answer is "Production" because the 7 P's of marketing are Product, Price, Place, Promotion, People, Process, and Physical Evidence. "Production" is not one of the elements included in the 7 P's of marketing.

Control in design of an information system is used to ensure that the system processes data as it was designed to and that the results are reliable. This means that the control measures put in place during the design phase of the system help to prevent errors or deviations from the intended design, ensuring that the system functions correctly and produces accurate and trustworthy results.

The correct answer is that the government will sell 20% of its total share to the public. This means that the government plans to reduce its ownership stake in Hindustan Copper Ltd by selling a portion of its shares to the general public. This can be seen as a way for the government to raise funds and also increase the public ownership of the company.

Prior to the decision, the Qualified Institutional Buyers (QIBs) were paying 10% as application or margin money.

Spain won the Davis Cup tennis finals in 2009.

Intensification is not involved in the growth strategies of a company. Growth strategies typically involve horizontal integration, which is the acquisition of similar businesses; vertical integration, which is the expansion into different stages of the supply chain; and diversification, which is the expansion into new markets or industries. Intensification, on the other hand, refers to increasing the intensity or focus on existing markets or products, rather than expanding into new areas.

SDR is a monetary unit of the reserve assets of the International Monetary Fund (IMF). It is an international reserve asset created by the IMF to supplement the existing official reserves of member countries. SDRs are allocated to member countries in proportion to their quotas in the IMF, and they can be used to supplement a country's official reserves or exchanged for freely usable currencies. The purpose of SDRs is to provide liquidity and stability in the global financial system.

CRM (Customer Relationship Management) is a comprehensive approach to managing interactions with current and potential customers. It involves pre-sales activities such as lead generation, as well as ongoing daily activities to maintain and improve customer relationships. Additionally, CRM can be used as a tool for lead generation, helping businesses identify and target potential customers. Therefore, the correct answer is "All of the above" as CRM encompasses all of these aspects.

Bancassurance can be sold to all existing and prospective bank customers because it is a partnership between a bank and an insurance company. This means that the bank can offer insurance products to its existing customers as well as attract new customers by providing insurance services. By offering bancassurance to all existing and prospective bank customers, the bank can increase its revenue and provide additional financial services to its customers.

The scheme of instant credit for the purchase of fertilizers and seeds will have a direct impact on the pricing pattern of fertilizers. This scheme allows farmers to receive credit immediately to purchase fertilizers and seeds, which can affect the demand and supply dynamics of the fertilizer market. By providing instant credit, farmers may have more purchasing power and could potentially increase their fertilizer usage, which could impact the pricing pattern of fertilizers.

Tamil Nadu and Gujarat were declared joint winners of the Col. C K Naidu Trophy for 2009.

In a customer database, a customer's surname would be keyed into a record. A record is a collection of related data fields that contain information about a particular entity, in this case, a customer. Each record in the database represents a unique customer, and the surname field within that record would store the customer's last name.

The correct answer is "All SSIs". This means that the target group for SME loans includes all Small Scale Industries (SSIs). This suggests that SME loans are specifically designed to cater to the financial needs of small businesses in the SSI sector.

Data mining refers to the process of analyzing large sets of data to discover patterns, trends, and insights. In this context, the back-office staff is responsible for handling and storing data, making them the most likely group to perform data mining tasks. The DSA, front-office staff, and customers may interact with the data, but they are not typically involved in the analysis and mining of the data. Therefore, the correct answer is the back-office staff.

India took part in the "Nuclear New Build 2010 Conference" organized in London. This indicates that India was actively involved in discussions and negotiations related to nuclear energy and the construction of new nuclear power plants. London was chosen as the location for this conference, which suggests that it is a significant hub for international discussions and collaborations in the field of nuclear energy.

A mission statement is a formal summary of the aims and values of a company, and it is typically included in the company's prospectus. The prospectus is a legal document that provides information about the company's business, financials, and investment opportunities. Therefore, the statement "A Mission statement is part of the Company's Prospectus" is correct.

Dr Vijay Kelkar was the Chairperson of the 13th Finance Commission, which recently submitted its report to the President of India.

Thailand is also a popular destination for small cars because it has a strong automotive industry and is a major exporter of small cars. Many global car manufacturers have set up production facilities in Thailand to take advantage of its skilled labor, lower production costs, and strategic location for exporting cars to other countries in the region. Additionally, Thailand has a growing domestic market for small cars due to its population and increasing urbanization.

As per the news published in various financial newspapers, the RBI is reworking the roadmap on Capital Account Convertibility. This means that there may be changes in the regulations regarding investing in foreign projects or acquiring assets outside India. The correct answer states that only companies which are registered in India would be able to invest in foreign projects or acquire assets outside India without any restrictions. This implies that public sector banks, the government of India, and individuals would still have restrictions or limitations in investing or acquiring assets outside India.

Batch processing is still used today in older systems or in some systems with massive volumes of transactions. This statement is incorrect because batch processing is not used in modern systems due to its inefficiency in processing real-time data. Online systems continually update the master file, online processing allows users to directly enter transactions into the computer system, and information in batch systems is not always up-to-date. Therefore, the correct answer is that batch processing is not used today.

Reliance Capital will be considered an NBFC because it is a non-banking financial company. NBFCs are financial institutions that provide banking services like loans, credit facilities, and investment products, but they do not hold a banking license. Reliance Capital falls under this category as it is primarily engaged in financial services and does not have a banking license. NABARD, Life Insurance Corporation of India, and SEBI are not NBFCs as they are different types of financial institutions with specific roles and functions.

The deficit reduction plan of Greece was reviewed recently in the meeting of the Finance Ministers of the European Union.

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AR Rahman is the recipient of the "CNN-IBN Indian of the Year" Award for 2009.

The correct answer is "There is one WPI index and four CPI indices." This means that in India, there is one Wholesale Price Index (WPI) and four Consumer Price Indices (CPI) that are used to measure inflation. The RBI Governor mentioned the existence of multiple inflation indices, indicating that there are different ways to measure and track inflation in the country.

The correct answer is "None of these" because none of the ministries mentioned (Ministry of Heavy Industries, Ministry of Science & Technology, Ministry of Commerce, Ministry of Foreign Affairs) were actively involved in the auction process of the Third Generation Spectrum (3G).

The correct answer suggests that the function of a database administrator in an organization is to be responsible for the executive-level aspects of decisions regarding information management. This means that the database administrator is involved in making strategic decisions about how information is managed within the organization, such as determining data governance policies, implementing data security measures, and overseeing data integration and data quality initiatives.

The correct answer is "Only 1" because the highlight mentioned in option 1 is the only one that is mentioned as a highlight of the Union Budget 2010-11. The other options mention different provisions and allocations made in the budget, but they are not specifically mentioned as highlights.

Kaiane Aldorino, who was crowned Miss World 2009, is from Gibraltar.

The correct answer is "All of these." Many economists and financial analysts believe that India was able to withstand the recent global economic crisis because of a combination of factors, including good fiscal consolidation and the government's adherence to the targets set by various acts such as the Fiscal Responsibility and Budget Management Act, Banking Regulation Act, Finance Bill Act, and Foreign Exchange Management Act. These acts helped India maintain stability and resilience during the crisis.

A bridge is a computer connected to two networks. It acts as a link between the two networks, allowing them to communicate with each other. A bridge forwards data packets between the networks based on their destination addresses, ensuring that the packets reach the correct network. It helps to extend the network and improve its performance by dividing it into smaller segments.

Cross-selling refers to the practice of selling additional products or services to existing customers. In this case, the correct answer is savings accounts. The reason why cross-selling may not be effective for savings accounts is that customers who already have a savings account may not see the need or benefit in opening another one. Additionally, savings accounts are typically long-term and low-risk investments, so customers may not be inclined to make frequent changes or additions to their existing accounts.

China's special Yuan policy, as mentioned in the first option, refers to the country's practice of setting the exchange rate between the Yuan and the US dollar since 2008. This means that China determines the value of its currency in relation to the dollar, rather than allowing market forces to dictate the exchange rate.

The first step in the transaction processing cycle is capturing business data, which can be done through various modes such as optical scanning or at an electronic commerce website. Document and report generation, while an important part of the overall process, is not the first step. The first step is focused on capturing the data itself, while document and report generation comes later in the cycle.

The Finance Minister's statement suggests that the current high inflation is not caused by monetary expansion, indicating that the liquidity position in the market is quite comfortable these days. This implies that option 1 is true.