SBI PO Recruitment Exam 2013: General Awareness Interactive Free Practice Set

The main page of a website is commonly referred to as the "home page". This is the page that typically serves as the starting point for users when they visit a website. It usually contains an overview of the website's content, navigation menus, and links to other pages within the site. The term "home page" is widely used and understood in the context of web design and browsing, making it the correct answer in this case.

KB is a computer abbreviation that stands for Kilo Byte. In computing, a byte is a unit of data storage that typically consists of 8 bits. The prefix "kilo" denotes a multiplication factor of 1000, so a kilo byte is equal to 1000 bytes. This abbreviation is commonly used to represent file sizes, memory capacity, and data transfer rates in the context of computers and digital storage.

The Reserve Bank of India is the correct answer because it is the central banking institution in India and has the authority to issue and manage currency in the country. As the sole authority, it is responsible for the regulation and control of the Indian rupee, including the printing, distribution, and circulation of currency notes and coins. The State Bank of India and other nationalized and cooperative banks may handle currency transactions, but they do not have the authority to issue or manage currency. Therefore, the correct answer is that the Reserve Bank of India is the sole authority for currency in India.

In Excel, a basic unit of a worksheet where you enter data is called a cell. Cells are organized in a grid-like structure, with each cell identified by a unique combination of a column letter and a row number. You can enter text, numbers, formulas, and other types of data into a cell. Cells are the building blocks of a worksheet and allow you to organize and manipulate data in Excel.

To access the properties of an object, the most common and widely used technique is right clicking. By right clicking on an object, a context menu is usually displayed, which provides various options and actions related to the object. This menu often includes an option to access the properties of the object, allowing the user to view and modify its attributes and settings. Therefore, right clicking is the recommended technique for accessing an object's properties.

KYC stands for Know Your Customer. This term is commonly used in the business and financial industry to refer to the process of verifying the identity of customers and assessing their potential risks. It helps businesses to understand their customers better, prevent fraud, and comply with regulatory requirements. The term "Know your client" is similar but more commonly used in the legal and investment industry. "Know your consumer" and "Known to consumer" are not commonly used terms in this context.

Merit goods are goods that are considered to be essential for society as a whole. These goods are often provided by the government or subsidized to ensure that they are accessible to everyone, regardless of their ability to pay. Examples of merit goods include healthcare, education, and public transportation. The provision of merit goods is based on the belief that individuals may not fully appreciate their importance or choose to consume them at optimal levels on their own. Therefore, the government intervenes to ensure their provision and consumption for the benefit of society.

Banks in our country normally publicise that additional interest rate is allowed on retail domestic term deposits of senior citizens. This means that senior citizens are eligible to receive a higher interest rate on their term deposits compared to other individuals. This is a common practice by banks to encourage senior citizens to invest their savings in fixed deposits and provide them with additional financial benefits. By offering this additional interest rate, banks aim to attract and retain senior citizen customers and acknowledge their contribution to the economy.

The correct answer is "Regulated by RBI." The Reserve Bank of India (RBI) is the central banking institution in India that regulates and supervises the country's banking system. As such, it has the authority to regulate various aspects of banking, including the interest payable on saving bank accounts. Therefore, the interest rates on saving bank accounts are determined and regulated by the RBI.

A monopoly exists when a firm produces a product that has no close substitute. In a monopoly, there is only one seller in the market, giving them complete control over the price and supply of the product. This lack of competition allows the monopolistic firm to maximize profits and potentially exploit consumers by charging higher prices. The absence of substitutes means that consumers have no alternative options, further strengthening the monopolistic position of the firm.

Tata Consultancy Services (TCS) is the correct answer because it is the leading software services exporter of India and it posted a strong and unexpected 23 percent increase in quarterly profit for the October to December 2012 quarter.

The correct answer is Toyota Kirloskar Motor. This Japanese automaker launched a five-speed automatic version of the Fortuner SUV for 22.33 lakh rupees (ex-showroom New Delhi) on 16 January 2013.

Generally, no interest is paid on current account deposit accounts. Current accounts are primarily used for frequent transactions and are not designed to earn interest. They are meant for business purposes and provide easy access to funds. In contrast, savings accounts are designed to earn interest and encourage customers to save money. Therefore, the statement that no interest is paid on current account deposit accounts is true.

ROM stands for Read-Only Memory, which is a type of permanent memory built into a computer system. Unlike RAM, which is volatile and loses its data when the computer is turned off, ROM retains its data even when the power is turned off. It contains firmware or software instructions that are permanently stored and cannot be modified or erased by normal computer operations. ROM is used to store the computer's startup instructions, firmware, and other essential software that is necessary for the computer to function properly.

Infosys decided to transfer the listing of its American shares from Nasdaq to the New York Stock Exchange. This means that Infosys will now have its shares traded on the New York Stock Exchange instead of Nasdaq.

Marketing efforts are specially aimed at understanding buyer behavior to meet buyers' needs. This means that marketers strive to gain insights into the preferences, motivations, and buying behaviors of their target audience. By understanding buyer behavior, marketers can tailor their marketing strategies and offerings to effectively meet the specific needs and desires of their customers. This helps in creating a satisfying and mutually beneficial relationship between the buyers and the sellers.

A DVD is an example of an optical disc because it uses laser technology to read and write data. Unlike a hard disc or solid-state storage device, which use magnetic or electronic storage methods, an optical disc relies on a series of microscopic pits and lands on its surface to represent data. These pits and lands are read by a laser beam, allowing the retrieval of information stored on the disc. Therefore, an optical disc is the most accurate classification for a DVD.

The correct answer is Securities Appellate Tribunal (SAT). SAT is a government body that hears appeals against the decisions of the Securities and Exchange Board of India (SEBI). In this case, the appeals of Sahara India Real Estate Corp (SIRECL) and Sahara Housing Investment Corp (SHICL) against SEBI were dismissed by SAT.

A product is anything that can be offered to a market to satisfy a want or need. This can include physical goods, services, or even ideas. Products are created by businesses to meet the demands and preferences of consumers. They can be tangible items that can be seen and touched, such as clothing or electronics, or intangible services like haircuts or consulting. Overall, a product is a key element in the marketing mix and plays a crucial role in fulfilling customer needs and wants.

Fixed and recurring deposits of banks are repayable after an agreed period. This means that the depositor agrees to keep the funds in the bank for a specific duration, and the bank will repay the deposit amount along with interest at the end of that period. This allows the bank to use the deposited funds for lending and other activities, while providing the depositor with a fixed return on their investment.

Microcredit is the extension of very small loans to unemployed or poor individuals who are unable to access traditional credit. This form of lending aims to support entrepreneurship and self-employment, allowing borrowers to start or expand small businesses. It does not require collateral and is specifically designed to meet the needs of those who do not meet the minimal qualifications for traditional credit.

The meaning of Exit Policy is the process of closing down sick and inefficient industries. This policy aims to eliminate industries that are not performing well and are unable to compete in the market. By closing down these industries, resources can be reallocated to more productive sectors, leading to overall economic growth and efficiency.

The reason for grounding the fleet of all six Boeing 787 dreamliners was a safety hazard. This decision was made after the US federal agency asked its airlines to ground the Boeing 787, indicating that there were potential safety concerns with the aircraft.

In January 2013, Jet Airways entered into a partnership with Centrum Direct to offer Foreign Exchange Services to guests travelling abroad. This means that Jet Airways collaborated with Centrum Direct to provide foreign exchange services to its customers who were traveling internationally.

The default view in Excel is "Normal". This view displays the worksheet with gridlines and column letters and row numbers. It is the most commonly used view as it provides a clear and organized layout of the data. Other views such as "Work", "Auto", and "Roman" are not default views in Excel.

Formatting is the process of dividing the disk into tracks and sectors. This involves preparing the disk for data storage by creating the necessary structure for organizing and accessing data. During formatting, the disk is divided into concentric circles called tracks, and each track is further divided into smaller units called sectors. This division allows for efficient storage and retrieval of data on the disk.

Product position is defined by the consumer because it is ultimately the consumer who determines how they perceive and understand a product in relation to other competing products in the market. The consumer's perception of a product is influenced by their needs, preferences, beliefs, and experiences. Therefore, the consumer's perception and interpretation of a product's features, benefits, and value proposition ultimately shape its position in the market. The marketer, industry, competitor, and market all play important roles in shaping the consumer's perception, but it is the consumer who ultimately defines the product's position.

In the maturity stage of the product life cycle, price strategies become more mixed. This is because the market becomes saturated with competitors and the demand for the product stabilizes. As a result, companies may use various pricing strategies such as price discounts, promotions, or even price increases to maintain their market share and profitability. The focus shifts from gaining market share to maximizing profits, and companies need to adapt their pricing strategies accordingly to remain competitive.

Price is a key element in the market mix because it directly impacts the generation of total revenue. The price of a product or service determines the amount of money a company earns from selling it. Setting the right price is crucial for maximizing revenue and profitability. A higher price may result in higher revenue per unit sold, but it could also lead to lower sales volume. On the other hand, a lower price may attract more customers and increase sales but could reduce revenue per unit. Therefore, pricing decisions play a significant role in determining the overall revenue generated by a business.

The largest shareholder of a nationalized bank would be the Government of India. As the nationalization of banks involves transferring ownership and control of banks from private individuals or institutions to the government, it is logical that the government would hold the largest stake in these banks. The Reserve Bank of India (RBI) is the central banking institution in India and plays a regulatory role, but it is not the largest shareholder. NABARD, LICI, and IBA are not directly involved in the ownership of nationalized banks.

Bancassurance refers to the distribution of insurance products and policies by banks as corporate agents. This allows banks to offer insurance services to their customers, providing them with a convenient one-stop-shop for their financial needs. By partnering with insurance companies, banks can leverage their existing customer base and distribution channels to offer a wide range of insurance products, such as life insurance, health insurance, and property insurance. This strategy benefits both the banks and the insurance companies, as it allows them to reach a larger customer base and increase their revenue streams.

Tariffs refer to the tax imposed on imported goods when they enter a country. This tax is intended to make imported goods more expensive compared to domestically produced goods, thereby protecting domestic industries and promoting local production. Tariffs are a common tool used by governments to regulate international trade and can be imposed on specific products or across various industries. They serve as a means to control the flow of goods into a country and generate revenue for the government.

A bear is generally pessimistic about the state of the given market. Bears believe that a particular security or market is headed downward and attempt to profit from a decline in prices. Therefore, the statement "Bear is generally optimistic about the state of the given market" is not correct in the context of bears in the share market.

Open market operation is a tool used by central banks to control the money supply and interest rates in an economy. It involves the buying and selling of government securities in the open market. By buying government securities, the central bank injects money into the economy, increasing the money supply. Conversely, by selling government securities, the central bank reduces the money supply. This tool is primarily used to implement credit policy, as it directly affects the availability and cost of credit in the economy. Therefore, the correct answer is Credit policy.

On 4 December 2012, the Reserve Bank of India signed a three-year Bilateral Swap Arrangement (BSA) with the Bank of Japan. This arrangement allowed for the swapping of local currencies, addressing short-term liquidity problems. Therefore, the correct answer is Bank of Japan.

The term "Value of the share of mutual fund is called the Gross asset value" is not correct for Mutual Funds. The correct term for the value of the share of a mutual fund is Net Asset Value (NAV). The NAV represents the total value of the fund's assets minus its liabilities, divided by the number of shares outstanding. The Gross Asset Value refers to the total value of the fund's assets before deducting any liabilities.

Snapdeal.com tied up with Mahindra & Mahindra for selling its two-wheelers to customers on the site. This partnership allowed Snapdeal.com to expand its product offerings and provide customers with a convenient platform to purchase Mahindra & Mahindra two-wheelers online.

ICOR stands for Incremental Capital Output Ratio. This ratio measures the amount of additional capital required to produce an additional unit of output. It is used to assess the efficiency of capital investment and economic growth. A lower ICOR indicates higher productivity and efficiency in the economy, as less capital is needed to generate more output.

Non-interest income of banks refers to the income that is generated from fee-based services. This includes various charges and fees that banks charge their customers for services such as account maintenance, ATM usage, credit card fees, and loan processing fees, among others. This income is separate from the interest income that banks earn from lending activities.

In 2012, State Bank of India (SBI) announced its expectation of receiving an infusion of 4000 crore rupees from the government in the 2012-2013 fiscal year. This means that SBI anticipated receiving a financial injection of this amount from the government to support its operations and strengthen its financial position.

Shares and Bonds are not considered money market instruments because they are not short-term, low-risk debt securities with high liquidity like the other options listed. Money market instruments are typically used for short-term borrowing and lending in the financial market, while shares and bonds represent ownership in a company or long-term debt obligations.

The correct answer is "Minimum balance from 10th to last day of the month." This means that the bank calculates the interest on the minimum balance in the savings account from the 10th day of the month until the last day of the month. The interest is not based on the maximum balance or the average balance, but specifically on the minimum balance during this period.

In a flexible firm, core workers are functionally flexible. This means that they are able to perform a variety of tasks and adapt to different roles within the organization. They have the skills and knowledge to handle different responsibilities and can easily switch between different functions as needed. This flexibility allows the firm to efficiently allocate resources and respond to changes in the business environment. Numerical flexibility, on the other hand, refers to the ability to adjust the number of workers based on demand, which is not specifically mentioned in the question. Therefore, the correct answer is functionally flexible.

In October 2012-2013, the eight core sectors of the Indian Economy grew by 6.5 percent. This is a significant increase compared to the 0.4 percent growth in the same time period the previous year. The growth rate of 6.5 percent indicates a positive trend and suggests that the Indian Economy was performing well during that time.

Financial inclusion refers to the provision of banking services to individuals at an affordable cost. This means that banking services such as savings accounts, loans, and insurance are made accessible to everyone, especially those who are financially marginalized or underserved. By ensuring that these services are affordable, individuals are able to participate in the formal financial system, which can help them improve their financial well-being, save for the future, and access credit for investment or emergencies. Financial inclusion is an important tool for reducing poverty, promoting economic growth, and fostering social development.

GDP stands for Gross Domestic Product, which is the total value of all goods and services produced within a country in a specific time period. It is not a measure of profit made by firms, types of products produced, or a nation's economic standing. It represents the average annual earnings per person in the nation, as it reflects the total income generated by individuals through their participation in economic activities.

An organization might set the pricing objective of "status quo" if it was already in a favorable financial position and desired nothing more. This means that the organization aims to maintain its current market position and financial stability without any further growth or changes. By setting this pricing objective, the organization prioritizes stability and avoids taking risks or pursuing additional profits or market share.

In the context of search engines, a "hit" refers to a search result that matches the search criteria entered by the user. When a search engine returns a "hit," it means that it has found a web page or content that is relevant to the user's search query. This term is commonly used to indicate the number of times a web page or website has been accessed or visited by users.

Bank accounts are allowed to be operated by cheque in respect of saving bank accounts and loan accounts. This means that individuals can use cheques to make transactions from their saving bank accounts as well as to repay loans. Cheques provide a convenient and secure method of transferring funds between these accounts, allowing for easy and efficient financial transactions.

When the pointer is positioned on a "Screen Tip", it is shaped like a hand.