SBI 2004 PO

Some small cooperative and private banks in India had to face a frenzy of their depositors recently as lot of them wanted to withdraw their money at the same time. In the event of winding up of a bank how the interest of the depositors are protected in the eyes of the law ? [Pick up the correct statement(s)]
A: Depositors’ money gets precedence over banks’ capital and depositors will lose only if the banks’ losses are more than its capital
B: Depositors will get up toRs. 10,000 only irrespective of the size of their deposit in the bank
C: The small deposits are given full assurance as all such deposits (upto Rs. 1 lakh) are fully insured by the DICGC

Late Frances Crick who died recently was a famous---

Which of the following is the reason owing to which many Indian businessmen are forced to close their business in Nepal ?
A: Nepal does not have a well defined business policy/trade agreement with India
B: Maoists are targeting business owned by Indians
C: Nepal which is on the way to financial reforms wants all business over and above Rs. 50 crores to be owned jointly by at least two Nepalese as partners. Finding a suitable partner is difficult

Which of the following is the reason owing to which a large number of experts from the field of economics, social service, cinema, management, public administration, industry and also hailing from World Bank, ADB, FICCI, CII, CRISIL, etc. were called by the Planning Commission of India for a discussion and meeting ?
A. The Government of India is of the opinion that the Planning Commission should not be a small group of 10-12 members, Instead it should be a body of at least 350 experts representing all States and all major fields. These people were called to express their views on the proposal.
B. The people were called as a part of various consultative groups set up by the Planning Commission so that a through mid-term appraisal of the 10th Five Year Plan can be conducted.
C. The Planning Commission wishes to take the help of experts from various fields so that it can reorient the 10th Plan on the lines of UPA Government’s Common Minimum Programme

In an international conference held in Shanghai in May 2004, the poverty alleviation model of the following countries was highly appreciated over western model by most of the delegates including the President of the World Bank?

As per the findings of the survey, conducted by the FICCI the climate for foreign direct investment in India is quite positive and five major sectors were identified as most lucrative for strong FDI inflows. Which of the following is NOT one of those five ?

The passport of all Gulf bound Indian passengers are not valid for which of the following countries ?

The World Bank has suggested that India should take certain measures to improve its economy. Which of the following is NOT included in the same ?

The Union Government recently made certain announcements to provide relief to the sugar industry which is passing through a difficult phase. Which of the following is TRUE in this regard ?
A: The statutory minimum price of sugarcane is fixed on a higher level of base recovery
B: The statutory minimum price will be determined on the basis of ‘average’ sugar recovery and not on the basis of ‘peak’ recovery
C: The rate of interest on loans from the Sugar Development Fund is reduced to a substantial level.

The Central Government, recently slashed the excise and customs duties on petrol, diesel, kerosene and cooking gas. Which of the following is/are the reason(s) owing to which the Government has taken the decision ?
A. India is not self-sufficient in the field of petroleum products. Hence more and more imports is needed to meet the rising demand of such products. The decision taken by the Government will help the importers.
B. This is an attempt on the part of the Central Government to insulate domestic consumers from soaring prices of the petroleum products in the international market.
C. As per the agreement with the WTO, India has purchase 30 percent petroleum products from the international market and also to sell same amount of its domestic production on subsidised rate to 15 poor countries whose local petroleum production is also nil or less than 1 per cent of their total demand. A reduction in duties will help India to keep a balance in Purchase and selling of the same.