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Allahabad Bank Probationary Officer Exam. 2007 General Awareness : Solved Paper 1. As a part of its commitment to the World Trade Organization (WTO) India has taken various steps to reform its financial sector. Which of the following is one major step in this direction ? (A) Huge budgetary provision for Bharat Nirman Yojana (B) More and more foreign banks are allowed to open their branches in India (C) Rebate in rate of personal income tax for Senior Citizen (D) Introduction of Dividend Distribution Tax (DDT) (E) None of these 2. As per the new guidelines issued by the National Housing Bank persons marginally above the poverty line can avail a one-time loan for housing and income generating activities. What is the limit of the total loan one can get for the same ? (A) Rs. 50,000 (B) Rs. 60,000 (C) Rs. 70,000 (D) Rs. 75,000 (E) Rs. 1,00,000 3. As per the Railway Budget 2007-08 what has been the Cash Profit of the Indian Railways for the year 2006-07 ? (A) Around Rs. 10,0...