It is well known that during many but not all or the geomagnetic storms enhanced fluxes or high-energy electrons are observed in the outer radiation belt. Here we examine relativistic (>2 MeV) electron fluxes measured by GOES at the synchronous orbit and on-ground observations of two types of ULF pulsations during 30 magnetic storms occurred during 1996-2000. To characterize the effectiveness of the chosen magnetic storms ill producing relativistic electron fluxes, following to (Reeves, G.D., McAdams, K.L., Friedel, R.H.W., O'Brien, T.R. Acceleration and loss of relativistic electrons during geomagnetic storms. Geophys. Res. Lett. 30, doi:10.1029/2002GL016513, 2003), we calculate a ratio of the maximum daily-averaged electron flux measured during the recovery phase, to the mean pre-storm electron flux. A storm is considered all effective one if its ratio exceeds 2. We compare behavior of Pi I and Pc5 geomagnetic pulsations during effective and non-effective storms and find a tendency for a storm efficiency to be higher when the mid-latitude Pi I pulsations are observed for a long time during the magnetic storm main phase. We note also that the prolonged powerful Pc5 pulsation activity during the recovery phase of a magnetic storm is the necessary condition for the storm effectiveness. To interpret the found dependences, we suggest that there are two prerequisites for generating relativistic electron populations during a storm: ( 1) the availability of seed electrons in the magnetosphere, and Pil emissions are indicators of the mid-energy electron interaction with the ionosphere and (2) acceleration of the seed electrons to MeV energies, and interaction of electrons with the MHD wave activity ill the Pc5 range is one of the most probable mechanisms proposed in the literature for this purpose. (C) 2009 COSPAR. Published by Elsevier Ltd. All rights reserved.