INDIAN ECONOMY OBJECTIVE QUESTIONS
1. Which country is the largest oil producing country of the world ?
(A) Saudi Arabia
(B) Russia
(C) America
(D) None of these
2. At the end of December 2008, the teledensity in India has become—
(A) 25·89%
(B) 26·89%
(C) 32·32%
(D) 33·23%
3. Which of the following took the decision of establishing 'South Asian Development Fund' ?
(A) ADB
(B) World Bank
(C) SAARC
(D) IMF
4. World Environment Day is celebrated on—
(A) June 5
(B) June 9
(C) June 11
(D) June 13
5. Which of the following committee has recommended full rupee convertibility in capital account by 2010-11 ?
(A) Mistry Committee
(B) Tarapore Committee
(C) Narsimham Committee
(D) Rastogi Committee
6. TRIPS—'Trade Related Intellectual Property Rights' and TRIMS–'Trade Related Investment Measures' are associated with—
(A) Preston Proposal
(B) Dunkel Proposal
(C) Chelliah Committee
(D) None of these
7. Which is true for Finance Commission ?
(A) It is a statutory body
(B) It is constituted under article 280 of the Constitution
(C) Dr. C. Rangrajan is Chairman of 12th Finance Commission
(D) All of these
8. What is the projected agriculture annual growth rate for the 11th plan period (2007–2012) ?
(A) 3·8%
(B) 4·0%
(C) 5·0%
(D) 4·5%
9. What is the CRR maximum limit for a commercial bank to be deposited with RBI ?
(A) 40%
(B) 50%
(C) 30%
(D) 45%
10. What is the CRR minimum limit for a commercial bank to be deposited with RBI ?
(A) 3%
(B) 10%
(C) 5%
(D) 6%
11. What was the field of Sunderajan Committee ?
(A) Petroleum
(B) Small Industry
(C) Education
(D) Power
12. SENSEX is related with the value of a few selected companies. The number of companies
is—
(A) 300
(B) 150
(C) 100
(D) 30
13. The official exchange rate of Indian rupee is associated with—
(A) Pound Sterling
(B) Dollar
(C) SDR
(D) A basket of selected companies
14. As a result of Green Revolution, which foodgrains had a reduced percentage in total foodgrains production ?
(A) Wheat
(B) Rice
(C) Cereals and Pulses
(D) None of these
15. Janakiraman Committee was constituted with the aim—
(A) To suggest measures to raise Post Office deposits
(B) To suggest reforms in banking structure
(C) To investigate the malpractices of industrial finance
(D) To investigate the security transactions of the bank
16. Which sector constitutes the maximum share in National Income of India ?
(A) Primary
(B) Secondary
(C) Tertiary
(D) All the above have equal share
17. Corporate Tax is imposed by—
(A) State Government
(B) Local Government
(C) Central Government
(D) Both Centre and State Government
18. Which high power committee was constituted to probe into the financial position of oil firms in 2008 ?
(A) Chaturvedi Committee
(B) Rangrajan Committee
(C) Rakesh Mohan Committee
(D) Tendulkar Committee
19. Which city is known as 'Electronic City' ?
(A) Gurgaon
(B) Bangalore
(C) Jaipur
(D) Salem (Tamil Nadu)
20. The operational date of TRIPS agreement of WTO is—
(A) January 1, 2004
(B) January 1, 2005
(C) January 1, 2006
(D) January 1, 2007
21. The basic theme of the 28th International Trade Fair was—
(A) Women Empowerment
(B) Information Technology Growth
(C) Environment Protection
(D) Handicrafts
22. Which of the following city will be the first city in India to have a second underground railway
corridor ?
(A) New Delhi
(B) Kolkata
(C) Mumbai
(D) Chennai
23. Recently SEBI has exempted the people of a State for mentioning PAN (Permanent Account Number) while trading mutual funds. This State is—
(A) Sikkim
(B) Arunachal Pradesh
(C) Nagaland
(D) Jammu & Kashmir
24. Which bank in India became the first bank to open its branch in China ?
(A) IDBI Bank
(B) HDFC Bank
(C) State Bank of India
(D) Punjab National Bank
25. Which of the following is not helpful in controlling money supply ?
(A) Free Market Policy
(B) CRR
(C) Bank Rate
(D) Change in margin requirement
26. During first half of 2008-09 Indian imports has shown a growth of—
(A) 38·6%
(B) 32·2%
(C) 30·3%
(D) 28·2%
27. The revenue of custom duty goes to—
(A) Only to State
(B) Only to Centre
(C) To both (A) and (B)
(D) RBI
28. UNPF in its report 'State of World Population 2008' has projected the Indian population to
be 165·8 crore by the year—
(A) 2025
(B) 2030
(C) 2040
(D) 2050
29. Rolling Plan was made for the period—
(A) 1971 to 1978
(B) 1980 to 1985
(C) 1978 to 1983
(D) 1992 to 1997
30. The maximum number of Foreign Institutional Investors registered with SEBI comes from—
(A) USA
(B) England
(C) Germany
(D) Japan
31. What is debt ?
(A) Stock-flow Hypothesis
(B) Flow Hypothesis
(C) Stock Hypothesis
(D) None of these
32. Which Union Territory is the most dense populated region of the country ?
(A) Lakshadweep
(B) Delhi
(C) Andman-Nicobar Islands
(D) Puducherry
33. At which rank has Tata Steel been placed in Fortune 500 list of American business magazine to look its performance till March 2008 instead of December 2007 ?
(A) 201st
(B) 211th
(C) 221st
(D) 231st
34. CONCORD of 8 states of Northern region is a scheme of—
(A) FICCI
(B) ASSOCHAM
(C) CII
(D) A joint scheme of all the above
35. Which ceiling of the income was recommended tax free from personal income tax by Kelkar
Committee ?
(A) Rs. 50000
(B) Rs. 75000
(C) Rs. 1 lakh
(D) Rs. 1.5 lakh
36. The re-elected President of Bombay Stock Exchange (Re-elected in November 2008) is—
(A) Jagadish Capoor
(B) Deepak Parekh
(C) V.P. Shetty
(D) Rajiv Chandra Shekhar
37. The mascot of the merged Indian airline 'Air India' is—
(A) Konark Chakra
(B) The Centaur
(C) The Maharaja
(D) Flying Swan with Konark Chakra
38. Which Indian Commercial Bank became the first in providing mobile ATM service ?
(A) ICICI Bank
(B) IDBI Bank
(C) HDFC Bank
(D) SBI
39. South Asian Conference on Sanitation (SACOSAN-III) took place in New Delhi on November
18-21, 2008. Which of the following body organised it ?
(A) Planning Commission
(B) Ministry of Health
(C) Ministry of Human Resource Development
(D) Ministry of Rural Development
40. The first BRIC Summit 2009 is scheduled to be held in—
(A) India
(B) Russia
(C) Brazil
(D) China
41. Fiscal Deficit means—
(A) Public Expenditure—Debts froms sources other than RBI
(B) Public Capital Expenditure—Surplus of Revenue Account
(C) Govt. Expenditure—Revenue receipts
(D) Public Expenditure—Tax and non-tax revenue receipts
42. Dunkel Draft was—
(A) Associated with Uruguay round
(B) Related to atomic treaty among nations
(C) Related to Super 301
(D) Related to promoting drugs trade
43. Which is the main Kharif crop ?
(1) Rice (2) Cotton
(3) Bajra (4) Gram
(A) 1 and 2 (B) 2 and 3
(C) 1, 2 and 3 (D) 1, 2, 3 and 4
44. Telecommunication Department organised 'India' Telecom 2008' in collaboration with—
(A) FICCI
(B) ASSOCHAM
(C) SIDBI
(D) Indian Banking Association
45. 'Big Digital TV DTH' is a subsidiary unit of—
(A) Bharti Airtel
(B) Dish T.V.
(C) Tata Sky
(D) Reliance Communications
46. National Rural Employment Guarantee Act, 2005 ensures for how many days of employment in a year in rural areas ?
(A) 365 days
(B) At least 200 days
(C) 150 days
(D) 100 days
47. The major currency of domination in 'India's External Debt' composition is US dollar having
share of—
(A) 28·8%
(B) 42·3%
(C) 52·8%
(D) 61·5%
48. India is not a member of—
(A) G-15
(B) UNO
(C) ASEAN
(D) Commonwealth
49. Which of the following is not a member of SAARC ?
(A) Nepal
(B) Pakistan
(C) Bangladesh
(D) Myanmar
50. Shankerlal Guru Committee was associated with—
(A) Agricultural Marketing
(B) Agriculture Production
(C) Public Distribution System
(D) None of these
Answers :
1. (C) 2. (D) 3. (C) 4. (A) 5. (A) 6. (B) 7. (D) 8. (B) 9. (B) 10. (A)
11. (A) 12. (D) 13. (D) 14. (C) 15. (D) 16. (C) 17. (C) 18. (A) 19. (B) 20. (B)
21. (A) 22. (B) 23. (A) 24. (C) 25. (A) 26. (A) 27. (B) 28. (D) 29. (C) 30. (A)
31. (C) 32. (B) 33. (D) 34. (C) 35. (C) 36. (A) 37. (D) 38. (A) 39. (D) 40. (B)
41. (D) 42. (A) 43. (C) 44. (A) 45. (D) 46. (D) 47. (C) 48. (C) 49. (D) 50. (A)
(A) Saudi Arabia
(B) Russia
(C) America
(D) None of these
2. At the end of December 2008, the teledensity in India has become—
(A) 25·89%
(B) 26·89%
(C) 32·32%
(D) 33·23%
3. Which of the following took the decision of establishing 'South Asian Development Fund' ?
(A) ADB
(B) World Bank
(C) SAARC
(D) IMF
4. World Environment Day is celebrated on—
(A) June 5
(B) June 9
(C) June 11
(D) June 13
5. Which of the following committee has recommended full rupee convertibility in capital account by 2010-11 ?
(A) Mistry Committee
(B) Tarapore Committee
(C) Narsimham Committee
(D) Rastogi Committee
6. TRIPS—'Trade Related Intellectual Property Rights' and TRIMS–'Trade Related Investment Measures' are associated with—
(A) Preston Proposal
(B) Dunkel Proposal
(C) Chelliah Committee
(D) None of these
7. Which is true for Finance Commission ?
(A) It is a statutory body
(B) It is constituted under article 280 of the Constitution
(C) Dr. C. Rangrajan is Chairman of 12th Finance Commission
(D) All of these
8. What is the projected agriculture annual growth rate for the 11th plan period (2007–2012) ?
(A) 3·8%
(B) 4·0%
(C) 5·0%
(D) 4·5%
9. What is the CRR maximum limit for a commercial bank to be deposited with RBI ?
(A) 40%
(B) 50%
(C) 30%
(D) 45%
10. What is the CRR minimum limit for a commercial bank to be deposited with RBI ?
(A) 3%
(B) 10%
(C) 5%
(D) 6%
11. What was the field of Sunderajan Committee ?
(A) Petroleum
(B) Small Industry
(C) Education
(D) Power
12. SENSEX is related with the value of a few selected companies. The number of companies
is—
(A) 300
(B) 150
(C) 100
(D) 30
13. The official exchange rate of Indian rupee is associated with—
(A) Pound Sterling
(B) Dollar
(C) SDR
(D) A basket of selected companies
14. As a result of Green Revolution, which foodgrains had a reduced percentage in total foodgrains production ?
(A) Wheat
(B) Rice
(C) Cereals and Pulses
(D) None of these
15. Janakiraman Committee was constituted with the aim—
(A) To suggest measures to raise Post Office deposits
(B) To suggest reforms in banking structure
(C) To investigate the malpractices of industrial finance
(D) To investigate the security transactions of the bank
16. Which sector constitutes the maximum share in National Income of India ?
(A) Primary
(B) Secondary
(C) Tertiary
(D) All the above have equal share
17. Corporate Tax is imposed by—
(A) State Government
(B) Local Government
(C) Central Government
(D) Both Centre and State Government
18. Which high power committee was constituted to probe into the financial position of oil firms in 2008 ?
(A) Chaturvedi Committee
(B) Rangrajan Committee
(C) Rakesh Mohan Committee
(D) Tendulkar Committee
19. Which city is known as 'Electronic City' ?
(A) Gurgaon
(B) Bangalore
(C) Jaipur
(D) Salem (Tamil Nadu)
20. The operational date of TRIPS agreement of WTO is—
(A) January 1, 2004
(B) January 1, 2005
(C) January 1, 2006
(D) January 1, 2007
21. The basic theme of the 28th International Trade Fair was—
(A) Women Empowerment
(B) Information Technology Growth
(C) Environment Protection
(D) Handicrafts
22. Which of the following city will be the first city in India to have a second underground railway
corridor ?
(A) New Delhi
(B) Kolkata
(C) Mumbai
(D) Chennai
23. Recently SEBI has exempted the people of a State for mentioning PAN (Permanent Account Number) while trading mutual funds. This State is—
(A) Sikkim
(B) Arunachal Pradesh
(C) Nagaland
(D) Jammu & Kashmir
24. Which bank in India became the first bank to open its branch in China ?
(A) IDBI Bank
(B) HDFC Bank
(C) State Bank of India
(D) Punjab National Bank
25. Which of the following is not helpful in controlling money supply ?
(A) Free Market Policy
(B) CRR
(C) Bank Rate
(D) Change in margin requirement
26. During first half of 2008-09 Indian imports has shown a growth of—
(A) 38·6%
(B) 32·2%
(C) 30·3%
(D) 28·2%
27. The revenue of custom duty goes to—
(A) Only to State
(B) Only to Centre
(C) To both (A) and (B)
(D) RBI
28. UNPF in its report 'State of World Population 2008' has projected the Indian population to
be 165·8 crore by the year—
(A) 2025
(B) 2030
(C) 2040
(D) 2050
29. Rolling Plan was made for the period—
(A) 1971 to 1978
(B) 1980 to 1985
(C) 1978 to 1983
(D) 1992 to 1997
30. The maximum number of Foreign Institutional Investors registered with SEBI comes from—
(A) USA
(B) England
(C) Germany
(D) Japan
31. What is debt ?
(A) Stock-flow Hypothesis
(B) Flow Hypothesis
(C) Stock Hypothesis
(D) None of these
32. Which Union Territory is the most dense populated region of the country ?
(A) Lakshadweep
(B) Delhi
(C) Andman-Nicobar Islands
(D) Puducherry
33. At which rank has Tata Steel been placed in Fortune 500 list of American business magazine to look its performance till March 2008 instead of December 2007 ?
(A) 201st
(B) 211th
(C) 221st
(D) 231st
34. CONCORD of 8 states of Northern region is a scheme of—
(A) FICCI
(B) ASSOCHAM
(C) CII
(D) A joint scheme of all the above
35. Which ceiling of the income was recommended tax free from personal income tax by Kelkar
Committee ?
(A) Rs. 50000
(B) Rs. 75000
(C) Rs. 1 lakh
(D) Rs. 1.5 lakh
36. The re-elected President of Bombay Stock Exchange (Re-elected in November 2008) is—
(A) Jagadish Capoor
(B) Deepak Parekh
(C) V.P. Shetty
(D) Rajiv Chandra Shekhar
37. The mascot of the merged Indian airline 'Air India' is—
(A) Konark Chakra
(B) The Centaur
(C) The Maharaja
(D) Flying Swan with Konark Chakra
38. Which Indian Commercial Bank became the first in providing mobile ATM service ?
(A) ICICI Bank
(B) IDBI Bank
(C) HDFC Bank
(D) SBI
39. South Asian Conference on Sanitation (SACOSAN-III) took place in New Delhi on November
18-21, 2008. Which of the following body organised it ?
(A) Planning Commission
(B) Ministry of Health
(C) Ministry of Human Resource Development
(D) Ministry of Rural Development
40. The first BRIC Summit 2009 is scheduled to be held in—
(A) India
(B) Russia
(C) Brazil
(D) China
41. Fiscal Deficit means—
(A) Public Expenditure—Debts froms sources other than RBI
(B) Public Capital Expenditure—Surplus of Revenue Account
(C) Govt. Expenditure—Revenue receipts
(D) Public Expenditure—Tax and non-tax revenue receipts
42. Dunkel Draft was—
(A) Associated with Uruguay round
(B) Related to atomic treaty among nations
(C) Related to Super 301
(D) Related to promoting drugs trade
43. Which is the main Kharif crop ?
(1) Rice (2) Cotton
(3) Bajra (4) Gram
(A) 1 and 2 (B) 2 and 3
(C) 1, 2 and 3 (D) 1, 2, 3 and 4
44. Telecommunication Department organised 'India' Telecom 2008' in collaboration with—
(A) FICCI
(B) ASSOCHAM
(C) SIDBI
(D) Indian Banking Association
45. 'Big Digital TV DTH' is a subsidiary unit of—
(A) Bharti Airtel
(B) Dish T.V.
(C) Tata Sky
(D) Reliance Communications
46. National Rural Employment Guarantee Act, 2005 ensures for how many days of employment in a year in rural areas ?
(A) 365 days
(B) At least 200 days
(C) 150 days
(D) 100 days
47. The major currency of domination in 'India's External Debt' composition is US dollar having
share of—
(A) 28·8%
(B) 42·3%
(C) 52·8%
(D) 61·5%
48. India is not a member of—
(A) G-15
(B) UNO
(C) ASEAN
(D) Commonwealth
49. Which of the following is not a member of SAARC ?
(A) Nepal
(B) Pakistan
(C) Bangladesh
(D) Myanmar
50. Shankerlal Guru Committee was associated with—
(A) Agricultural Marketing
(B) Agriculture Production
(C) Public Distribution System
(D) None of these
Answers :
1. (C) 2. (D) 3. (C) 4. (A) 5. (A) 6. (B) 7. (D) 8. (B) 9. (B) 10. (A)
11. (A) 12. (D) 13. (D) 14. (C) 15. (D) 16. (C) 17. (C) 18. (A) 19. (B) 20. (B)
21. (A) 22. (B) 23. (A) 24. (C) 25. (A) 26. (A) 27. (B) 28. (D) 29. (C) 30. (A)
31. (C) 32. (B) 33. (D) 34. (C) 35. (C) 36. (A) 37. (D) 38. (A) 39. (D) 40. (B)
41. (D) 42. (A) 43. (C) 44. (A) 45. (D) 46. (D) 47. (C) 48. (C) 49. (D) 50. (A)
PART - 2
1. The committee associated with establishing new stock exchanges was—
(A) M. J. Ferwani
(B) M. Narsimham
(C) S.N. Nadkarni
(D) R. Janakiraman
2. Consumer Protection Act (COPRA) was implemented in—
(A) 1985
(B) 1986
(C) 1987
(D) 1988
3. Narsimham committee recommended to make banking structure of the country—
(A) Two tier
(B) Three tier
(C) Four tier
(D) Five tier
4. 'Canfina' is associated with—
(A) Canara Bank
(B) SBI
(C) National Housing Bank
(D) Standard Chartered Bank
5. Railway had declared year 2007-08 as—
(A) A Year of Safety
(B) A Year of Prosperity
(C) A Year of Customer Service
(D) A Year of Cleanliness
6. Special Economic Zone Act 2005 was passed by Parliament in May 2005. This Act came into force w.e.f.—
(A) January 10, 2006
(B) February 10, 2006
(C) June 23, 2006
(D) July 1, 2006
7. India Development Bond was issued in 1991-92 by—
(A) SBI
(B) RBI
(C) UTI
(D) NHB
8. 20 rupee and above value notes are printed in—
(A) Currency Note Press, Nasik Road
(B) Bank Note Press, Dewas
(C) Security Printing Press, Hyderabad
(D) All of these
9. Central Revenue Board was divided into 'Central Excise and Custom Duty Board' and 'Central Direct Tax Board' in—
(A) 1950
(B) 1958
(C) 1963
(D) 1975
10. Which direct tax among the followings gives maximum net revenue to the Government ?
(A) Corporate Tax
(B) Income Tax
(C) Wealth Tax
(D) Gift Tax
11. Disinvestment Commission in India was firstly established in—
(A) August 1992
(B) August 1995
(C) August 1996
(D) May 1997
12. 24th India Economic Summit under the platform of World Economic Forum (WEF) was
held on November 16-18, 2008 in—
(A) Mumbai
(B) Bangalore
(C) New Delhi
(D) Hyderabad
13. Operation Flood programme was introduced in—
(A) 1951
(B) 1970
(C) 1975
(D) 1985
14. Health Insurance Business is associated with—
(A) LIC
(B) UTI
(C) GIC
(D) State Trading Corporation
15. DWCRA is now merged in—
(A) JRY
(B) SJSRY
(C) TRYSEM
(D) SGSY
16. 'Asian Fabulous-50' (a Forbes' list of 50 best listed companies in the Asia-Pacific region)
ranking is topped by—
(A) Acer (Taiwan Based)
(B) BHEL (India)
(C) Bharti Airtel (India)
(D) Angang Steel (China)
17. When did the start SJSRY scheme?
(A) December 31, 1999
(B) December 1, 1996
(C) December 1, 1997
(D) December 1, 1999
18. As per the 61st round of NSSO report, the per capita food intake in rural India during 2004-05 stands at—
(A) 2047 calorie
(B) 2020 calorie
(C) 2143 calorie
(D) 1991 calorie
19. 'Workplace Smoke-free Policy' has been implemented w.e.f.—
(A) April 1, 2008
(B) September 5, 2008
(C) October 2, 2008
(D) Yet to be implemented
20. Which of the following country has been named as the biggest emitter of carbon dioxide (CO2) in the world ?
(A) India
(B) China
(C) US
(D) France
21. As per NSSO survey on 'Household Consumer Expenditure', an individual in rural India on an average spends about—
(A) Rs. 16 per day
(B) Rs. 21 per day
(C) Rs. 29 per day
(D) Rs. 32 per day
22. Which of the following company has become the 17th 'Navratna' status having company ?
(A) Rural Electrification Corporation (REC)
(B) NALCO
(C) Shipping Corporation of India (SCI)
(D) Power Grid Corporation of India Ltd. (PGCIL)
23. Which part of the divided UTI is working as Mutual Fund under SEBI rules ?
(A) UTI-I
(B) UTI-II
(C) Both of the above
(D) None of the above
24. Which country tops the list of ensuring maximum cumulative FDI inflows to India between August 1991 to March 2008 ?
(A) USA
(B) UK
(C) Mauritius
(D) Japan
25. In which state 'Kanya Vidyadhan Yojana' is operational ?
(A) Uttar Pradesh
(B) Madhya Pradesh
(C) Rajasthan
(D) Haryana
26. Which rank India attains in tobacco production in the world ?
(A) First
(B) Second
(C) Sixth
(D) Fourth
27. Which district of Hindi speaking belt has firstly been declared as fully literate ?
(A) Narsinghpur (M.P.)
(B) Palampur (H.P.)
(C) Jhunjhanu (Rajasthan)
(D) Palamu (Bihar)
28. Which of the following country has the highest number of telephone users in the world ?
(A) China
(B) United States of America
(C) Japan
(D) India
29. 'Food for Work Programme' was renamed as—
(A) RLEGP
(B) IRDP
(C) NREP
(D) MNP
30. G-20 Summit with main agenda on 'Global Recession' was held on November 14-15, 2008 in—
(A) Washington DC
(B) New York
(C) London
(D) Tokyo
31. Rekhi committee was constituted in 1992 which was associated with—
(A) Indirect taxes (Excise and Custom duty) regulations
(B) Change in Banking Structure
(C) Security Scam
(D) None of these
32. Which country has the maximum broad band subscribers in the world ?
(A) USA
(B) China
(C) Japan
(D) France
33. Sixteenth APEC Summit took place on November 22-23, 2008 in—
(A) Kuala Lumpur (Malaysia)
(B) Lima (Peru)
(C) Sydney (Australia)
(D) Hanoi (Vietnam)
34. SBI (Subsidiary Banks Laws) Amendment Bill, 2006 which is passed by Lok Sabha amends—
(A) State Bank of Saurashtra Act, 1950
(B) State Bank of Hyderabad Act, 1956
(C) SBI (Subsidiary Banks) Act, 1959
(D) All the above
35. At present the number of member nations of BIMSTEC (Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation) is—
(A) 3
(B) 5
(C) 7
(D) 9
36. SITTDEC—'South Investment Trade and Technology Data Exchange Centre' is a scheme of—
(A) SAARC
(B) ASIAN
(C) G-7
(D) G-15
37. During April-August 2008, which country stood at the top in providing maximum FDI in India ?
(A) Singapore
(B) Mauritius
(C) Holland
(D) USA
38. Scheduled Bank is that bank which is—
(A) Nationalised
(B) Not nationalised
(C) Based at foreign country
(D) Included in the second schedule of RBI
39. For which type of fertilizer India is fully dependent on imports ?
(A) Nitrogen Fertilizer
(B) Phosphetic Fertilizer
(C) Potash Fertilizer
(D) None of these
40. Which fertilizer is mostly consumed in India ?
(A) N
(B) P
(C) K
(D) All are used in equal ratio
41. Match the following—
Unit I
(a) Aqua culture
(b) Flori culture
(c) Seri culture
(d) Viti culture
Unit II
(1) Silk
(2) Grapes
(3) Flower
(4) Fisheries
(a) (b) (c) (d)
(A) 4 3 2 1
(B) 3 4 1 2
(C) 3 4 2 1
(D) 4 3 1 2
42. Which of the subsidiary bank of SBI has been merged with State Bank of India ?
(A) State Bank of Indore
(B) State Bank of Patiala
(C) State Bank of Hyderabad
(D) State Bank of Saurashtra
43. Indian Banks have the maximum foreign branches in—
(A) Bangladesh
(B) U.K.
(C) USA
(D) Sri Lanka
44. The first public sector bank in India which obtained license for Internet Banking from RBI is—
(A) Punjab National Bank
(B) Oriental Bank of Commerce
(C) Corporation Bank
(D) State Bank of India
45. At present which state contributes maximum foodgrain production ?
(A) Punjab
(B) Haryana
(C) West Bengal
(D) Uttar Pradesh
46. Which types of tax helps in reducing disparities of income ?
(A) Proportionate tax
(B) Progressive tax
(C) Regressive tax
(D) All of these
47. Which Bank is limited to the needs of agriculture and rural finance ?
(A) SBI
(B) IFC
(C) NABARD
(D) RBI
48. 'Golden Handshake Scheme' is associated with—
(A) Inviting foreign companies
(B) Private investment in public enterprises
(C) Establishing joint enterprises
(D) Voluntary retirement
49. Who was the Chairman of the Working Group of Planning Commission which suggested
the shifting of base year of Wholesale Price Index from 1993-94 to 2000-01 ?
(A) Dr. C. Rangrajan
(B) Prof. Abhijit Sen
(C) Prof. A. R. Khusro
(D) Prof. Janakiraman
50. Which state has the lowest women literary rate in India (2001 census) ?
(A) Bihar
(B) Jharkhand
(C) U. P.
(D) Rajasthan
Answers :
1. (A) 2. (B) 3. (C) 4. (A) 5. (D) 6. (B) 7. (A) 8. (B) 9. (C) 10. (A)
11. (C) 12. (C) 13. (B) 14. (C) 15. (D) 16. (A) 17. (C) 18. (A) 19. (C) 20. (B)
21. (B) 22. (C) 23. (B) 24. (C) 25. (A) 26. (C) 27. (A) 28. (B) 29. (C) 30. (A)
31. (A) 32. (A) 33. (B) 34. (D) 35. (C) 36. (D) 37. (B) 38. (C) 39. (C) 40. (A)
41. (D) 42. (D) 43. (B) 44. (A) 45. (D) 46. (B) 47. (C) 48. (D) 49. (B) 50. (A)
(A) M. J. Ferwani
(B) M. Narsimham
(C) S.N. Nadkarni
(D) R. Janakiraman
2. Consumer Protection Act (COPRA) was implemented in—
(A) 1985
(B) 1986
(C) 1987
(D) 1988
3. Narsimham committee recommended to make banking structure of the country—
(A) Two tier
(B) Three tier
(C) Four tier
(D) Five tier
4. 'Canfina' is associated with—
(A) Canara Bank
(B) SBI
(C) National Housing Bank
(D) Standard Chartered Bank
5. Railway had declared year 2007-08 as—
(A) A Year of Safety
(B) A Year of Prosperity
(C) A Year of Customer Service
(D) A Year of Cleanliness
6. Special Economic Zone Act 2005 was passed by Parliament in May 2005. This Act came into force w.e.f.—
(A) January 10, 2006
(B) February 10, 2006
(C) June 23, 2006
(D) July 1, 2006
7. India Development Bond was issued in 1991-92 by—
(A) SBI
(B) RBI
(C) UTI
(D) NHB
8. 20 rupee and above value notes are printed in—
(A) Currency Note Press, Nasik Road
(B) Bank Note Press, Dewas
(C) Security Printing Press, Hyderabad
(D) All of these
9. Central Revenue Board was divided into 'Central Excise and Custom Duty Board' and 'Central Direct Tax Board' in—
(A) 1950
(B) 1958
(C) 1963
(D) 1975
10. Which direct tax among the followings gives maximum net revenue to the Government ?
(A) Corporate Tax
(B) Income Tax
(C) Wealth Tax
(D) Gift Tax
11. Disinvestment Commission in India was firstly established in—
(A) August 1992
(B) August 1995
(C) August 1996
(D) May 1997
12. 24th India Economic Summit under the platform of World Economic Forum (WEF) was
held on November 16-18, 2008 in—
(A) Mumbai
(B) Bangalore
(C) New Delhi
(D) Hyderabad
13. Operation Flood programme was introduced in—
(A) 1951
(B) 1970
(C) 1975
(D) 1985
14. Health Insurance Business is associated with—
(A) LIC
(B) UTI
(C) GIC
(D) State Trading Corporation
15. DWCRA is now merged in—
(A) JRY
(B) SJSRY
(C) TRYSEM
(D) SGSY
16. 'Asian Fabulous-50' (a Forbes' list of 50 best listed companies in the Asia-Pacific region)
ranking is topped by—
(A) Acer (Taiwan Based)
(B) BHEL (India)
(C) Bharti Airtel (India)
(D) Angang Steel (China)
17. When did the start SJSRY scheme?
(A) December 31, 1999
(B) December 1, 1996
(C) December 1, 1997
(D) December 1, 1999
18. As per the 61st round of NSSO report, the per capita food intake in rural India during 2004-05 stands at—
(A) 2047 calorie
(B) 2020 calorie
(C) 2143 calorie
(D) 1991 calorie
19. 'Workplace Smoke-free Policy' has been implemented w.e.f.—
(A) April 1, 2008
(B) September 5, 2008
(C) October 2, 2008
(D) Yet to be implemented
20. Which of the following country has been named as the biggest emitter of carbon dioxide (CO2) in the world ?
(A) India
(B) China
(C) US
(D) France
21. As per NSSO survey on 'Household Consumer Expenditure', an individual in rural India on an average spends about—
(A) Rs. 16 per day
(B) Rs. 21 per day
(C) Rs. 29 per day
(D) Rs. 32 per day
22. Which of the following company has become the 17th 'Navratna' status having company ?
(A) Rural Electrification Corporation (REC)
(B) NALCO
(C) Shipping Corporation of India (SCI)
(D) Power Grid Corporation of India Ltd. (PGCIL)
23. Which part of the divided UTI is working as Mutual Fund under SEBI rules ?
(A) UTI-I
(B) UTI-II
(C) Both of the above
(D) None of the above
24. Which country tops the list of ensuring maximum cumulative FDI inflows to India between August 1991 to March 2008 ?
(A) USA
(B) UK
(C) Mauritius
(D) Japan
25. In which state 'Kanya Vidyadhan Yojana' is operational ?
(A) Uttar Pradesh
(B) Madhya Pradesh
(C) Rajasthan
(D) Haryana
26. Which rank India attains in tobacco production in the world ?
(A) First
(B) Second
(C) Sixth
(D) Fourth
27. Which district of Hindi speaking belt has firstly been declared as fully literate ?
(A) Narsinghpur (M.P.)
(B) Palampur (H.P.)
(C) Jhunjhanu (Rajasthan)
(D) Palamu (Bihar)
28. Which of the following country has the highest number of telephone users in the world ?
(A) China
(B) United States of America
(C) Japan
(D) India
29. 'Food for Work Programme' was renamed as—
(A) RLEGP
(B) IRDP
(C) NREP
(D) MNP
30. G-20 Summit with main agenda on 'Global Recession' was held on November 14-15, 2008 in—
(A) Washington DC
(B) New York
(C) London
(D) Tokyo
31. Rekhi committee was constituted in 1992 which was associated with—
(A) Indirect taxes (Excise and Custom duty) regulations
(B) Change in Banking Structure
(C) Security Scam
(D) None of these
32. Which country has the maximum broad band subscribers in the world ?
(A) USA
(B) China
(C) Japan
(D) France
33. Sixteenth APEC Summit took place on November 22-23, 2008 in—
(A) Kuala Lumpur (Malaysia)
(B) Lima (Peru)
(C) Sydney (Australia)
(D) Hanoi (Vietnam)
34. SBI (Subsidiary Banks Laws) Amendment Bill, 2006 which is passed by Lok Sabha amends—
(A) State Bank of Saurashtra Act, 1950
(B) State Bank of Hyderabad Act, 1956
(C) SBI (Subsidiary Banks) Act, 1959
(D) All the above
35. At present the number of member nations of BIMSTEC (Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation) is—
(A) 3
(B) 5
(C) 7
(D) 9
36. SITTDEC—'South Investment Trade and Technology Data Exchange Centre' is a scheme of—
(A) SAARC
(B) ASIAN
(C) G-7
(D) G-15
37. During April-August 2008, which country stood at the top in providing maximum FDI in India ?
(A) Singapore
(B) Mauritius
(C) Holland
(D) USA
38. Scheduled Bank is that bank which is—
(A) Nationalised
(B) Not nationalised
(C) Based at foreign country
(D) Included in the second schedule of RBI
39. For which type of fertilizer India is fully dependent on imports ?
(A) Nitrogen Fertilizer
(B) Phosphetic Fertilizer
(C) Potash Fertilizer
(D) None of these
40. Which fertilizer is mostly consumed in India ?
(A) N
(B) P
(C) K
(D) All are used in equal ratio
41. Match the following—
Unit I
(a) Aqua culture
(b) Flori culture
(c) Seri culture
(d) Viti culture
Unit II
(1) Silk
(2) Grapes
(3) Flower
(4) Fisheries
(a) (b) (c) (d)
(A) 4 3 2 1
(B) 3 4 1 2
(C) 3 4 2 1
(D) 4 3 1 2
42. Which of the subsidiary bank of SBI has been merged with State Bank of India ?
(A) State Bank of Indore
(B) State Bank of Patiala
(C) State Bank of Hyderabad
(D) State Bank of Saurashtra
43. Indian Banks have the maximum foreign branches in—
(A) Bangladesh
(B) U.K.
(C) USA
(D) Sri Lanka
44. The first public sector bank in India which obtained license for Internet Banking from RBI is—
(A) Punjab National Bank
(B) Oriental Bank of Commerce
(C) Corporation Bank
(D) State Bank of India
45. At present which state contributes maximum foodgrain production ?
(A) Punjab
(B) Haryana
(C) West Bengal
(D) Uttar Pradesh
46. Which types of tax helps in reducing disparities of income ?
(A) Proportionate tax
(B) Progressive tax
(C) Regressive tax
(D) All of these
47. Which Bank is limited to the needs of agriculture and rural finance ?
(A) SBI
(B) IFC
(C) NABARD
(D) RBI
48. 'Golden Handshake Scheme' is associated with—
(A) Inviting foreign companies
(B) Private investment in public enterprises
(C) Establishing joint enterprises
(D) Voluntary retirement
49. Who was the Chairman of the Working Group of Planning Commission which suggested
the shifting of base year of Wholesale Price Index from 1993-94 to 2000-01 ?
(A) Dr. C. Rangrajan
(B) Prof. Abhijit Sen
(C) Prof. A. R. Khusro
(D) Prof. Janakiraman
50. Which state has the lowest women literary rate in India (2001 census) ?
(A) Bihar
(B) Jharkhand
(C) U. P.
(D) Rajasthan
Answers :
1. (A) 2. (B) 3. (C) 4. (A) 5. (D) 6. (B) 7. (A) 8. (B) 9. (C) 10. (A)
11. (C) 12. (C) 13. (B) 14. (C) 15. (D) 16. (A) 17. (C) 18. (A) 19. (C) 20. (B)
21. (B) 22. (C) 23. (B) 24. (C) 25. (A) 26. (C) 27. (A) 28. (B) 29. (C) 30. (A)
31. (A) 32. (A) 33. (B) 34. (D) 35. (C) 36. (D) 37. (B) 38. (C) 39. (C) 40. (A)
41. (D) 42. (D) 43. (B) 44. (A) 45. (D) 46. (B) 47. (C) 48. (D) 49. (B) 50. (A)
PART - 3
1. What is 'Super 301' ?
(A) A name of modern computer
(B) A new variety of rice
(C) American trade law
(D) American treatment name for Aids
2. Which day is celebrated as 'National Excise Duty Day' ?
(A) 26th January
(B) 24th February
(C) 14th April
(D) 10th June
3. Air Deccan has been re-named as—
(A) Kingfisher Red
(B) Jet Red
(C) Sahara Red
(D) Indigo Red
4. For attracting more customers and providing better facilities, which of the following bank has launched a scheme 'Parivartan' ?
(A) Punjab National Bank
(B) Bank of Baroda
(C) State Bank of India
(D) Central Bank of India
5. Lahiri Committee was associated with—
(A) Industrial Sickness
(B) Minimum Support Prices of Agriculture Products
(C) Price Structure of Edible Oil
(D) Handicraft Exports
6. Plan expenditure in India is met by—
(A) Internal debt and other resources
(B) Assistance from Aid India Club
(C) Assistance from IMF
(D) Assistance from OECD countries
7. National Income in India is estimated by—
(A) Planning Commission
(B) Finance Commission
(C) Indian Statistical Institute
(D) Central Statistical Organisation
8. Population density means—
(A) No. of persons living per sq. km.
(B) No. of persons living per kilometre
(C) Ratio of population living below poverty line to total population
(D) No. of persons in a village
9. Which tax is collected by Panchayat ?
(A) Sales Tax
(B) Custom Duty
(C) Land Revenue
(D) Tax on local fairs
10. Which percentage UTI Asset Management Company (UTIAMC) is going to divest ?
(A) 14%
(B) 26%
(C) 33%
(D) 54%
11. Which sector got high rate of growth in its co-operative units ?
(A) Sugar
(B) Cotton Textile
(C) Jute
(D) Cement
12. Which committee among the following was associated with prices of petroleum products and
its tariff structure ?
(A) Dr. Rangrajan Committee
(B) Malegam Committee
(C) Lahiri Committee
(D) Vaidyanathan Committee
13. The first fully literate district outside the Kerala State is—
(A) Wardhaman (West Bengal)
(B) Chingelpattu (Tamil Nadu)
(C) Nasik (Maharashtra)
(D) Merkata (Karnataka)
14. Tax Information Network (TIN), started in January 2004 is associated with—
(A) Sales Tax
(B) Excise Duty
(C) Income Tax
(D) Corporation Tax
15. Which of the following Committee has suggested to raise the prices of petrol and diesel every month ?
(A) Rangrajan Committee
(B) Chaturvedi Committee
(C) Tendulkar Committee
(D) Y. B. Reddy Committee
16. SDR is the currency of IMF which is in the form of—
(A) Paper currency
(B) Gold
(C) Silver and gold both
(D) Book-keeping entry only
17. Indravati Hydroelectric Project is the multipurpose project of—
(A) Maharashtra State
(B) Gujarat State
(C) Orissa State
(D) Tamil Nadu
18. The nationalisation of the major commercial banks took place in—
(A) 1947
(B) 1956
(C) 1969
(D) 1980
19. What is a 'limited company' ?
(A) In which shareholders possess the ownership limited to their paid up capital
(B) In which shares are issued
(C) A company of Government ownership
(D) A Registered company
20. The headquarters of RBI is in—
(A) Delhi
(B) Kanpur
(C) Mumbai
(D) Nasik
21. I-phone is associated with—
(A) Nokia
(B) Reliance
(C) BSNL
(D) Apple Ink
22. Project 'Sankalp' is associated with the elimination of—
(A) Illiteracy
(B) Polio
(C) Unemployment
(D) AIDS/HIV
23. As per the projections of Food Ministry, food subsidy in India during 2008-09 is likely to touch a record level of about—
(A) Rs. 25,666 crore
(B) Rs. 30,666 crore
(C) Rs. 40,666 crore
(D) Rs. 32,666 crore
24. The government is planning to establish 'Price Stabilisation Fund' to check the price fluctuation of a few crops. These crops are—
1. Tea
2. Tobacco
3. Coffee
4. Rubber
Mention the right answer from the following groups—
(A) Only 1 and 3
(B) Only 1, 2 and 3
(C) Only 1, 3 and 4
(D) All 1, 2, 3 and 4
25. Chelliah Committee recommended to tax the agriculture income of non-farmers having income above—
(A) Rs. 15000
(B) Rs. 20000
(C) Rs. 25000
(D) Rs. 50000
26. Which of the following committee is related to infrastructure financing ?
(A) Deepak Parekh Committee
(B) T. Shanker Lingam
(C) T. S. Vijayan
(D) O. P. Garg
27. As per the declaration of RBI made on March 4, 2009, what is true for Reverse Repo Rate ?
(A) Reduced from 5·0% to 4·5%
(B) Reduced from 4·5% to 4·0%
(C) Reduced from 4·0% to 3·5%
(D) Retained at 4·0%
28. Twelfth Finance Commission under Chairmanship of Dr. C. Rangrajan has submitted its final
report on—
(A) September 30, 2004
(B) October 30, 2004
(C) November 30, 2004
(D) December 7, 2004
29. With which objective, Kisan Call Centre's have been established ?
(A) To ensure the supply of fertilizers to farmers on suitable rates
(B) Distribution of HYV seeds
(C) To provide agriculture credit at concessional rates
(D) To provide consultancy service related to agriculture
30. National Stock Exchange has introduced a new share index in place of NSE-100 in April 1996. It is known as—
(A) NSE-200
(B) NSE-50
(C) NSE-20
(D) NSE-15
31. 'Open market operation' is a part of—
(A) Income Policy
(B) Fiscal Policy
(C) Credit Policy
(D) Labour Policy
32. The city having highest population in the world is—
(A) New York
(B) Tokyo
(C) Mexico
(D) Paris
33. Which constitutes the maximum share in power generation ?
(A) Thermal Power
(B) Hydro Power
(C) Atomic Power
(D) All the above have equal share
34. World Bank has approved the second tranche to the poverty project of—
(A) Gujarat
(B) Madhya Pradesh
(C) Bihar
(D) Rajasthan
35. National Development Council was constituted in—
(A) 1945
(B) 1948
(C) 1952
(D) 1965
36. Which is a credit rating agency in India ?
(A) CRISIL
(B) CARE
(C) ICRA
(D) All of these
37. CRISIL—
(A) Evaluates the credit documents of a company
(B) Provides financial assistance to industries
(C) Provides finances for rural areas
(D) Promotes exports
38. On the lines of 'Palace on Wheels', a new train 'Deccan Odyssey' is operated in the
State—
(A) Tamil Nadu, Karnataka
(B) Maharashtra, Goa
(C) Karnataka, Kerala
(D) Kerala, Tamil Nadu
39. As per TRAI directions, the country will be divided into……zones for the portability of telephone numbers in mobile services.
(A) 2
(B) 4
(C) 5
(D) 8
40. Nano knowledge city is being established at—
(A) Bangalore
(B) Jaipur
(C) Hyderabad
(D) Chandigarh
41. For transporting petroleum products, 1054 km long pipeline is been made between Mundra and Delhi. This project is being undertaken by—
(A) HPCL
(B) BPCL
(C) Indian Oil
(D) GAIL
42. The period of 11th plan is—
(A) 2005–10
(B) 2006–11
(C) 2007–12
(D) 2008–13
43. Who is the new RBI Governor ?
(A) D. Subbarao
(B) Rakesh Mohan
(C) Arun Ramnathan
(D) Y. B. Reddy
44. Which states have not yet established any RRB ?
(A) Sikkim and Goa
(B) Bihar and Rajasthan
(C) Sikkim and Arunachal Pradesh
(D) Nagaland
45. State Bank of India is entering in general insurance business with collaboration of an insurance company of—
(A) Japan
(B) France
(C) Australia
(D) Korea
46. On the recommendations of Kelkar committee, no new RRB was established since—
(A) April 1987
(B) April 1988
(C) April 1989
(D) April 1990
47. IRBI—Industrial Reconstruction Bank of India was established in—
(A) 1975
(B) 1985
(C) 1990
(D) 1992
48. Which state government decided to allow contract farming in the state ?
(A) Uttar Pradesh
(B) Madhya Pradesh
(C) Punjab
(D) Rajasthan
49. The headquarters of SIDBI is in—
(A) Lucknow
(B) New Delhi
(C) Mumbai
(D) Bangalore
50. LIC of India was established in—
(A) 1897
(B) 1950
(C) 1956
(D) 1965
Answers :
1. (C) 2. (B) 3. (A) 4. (C) 5. (C) 6. (A) 7. (D) 8. (A) 9. (D) 10. (B)
11. (A) 12. (A) 13. (A) 14. (C) 15. (B) 16. (D) 17. (C) 18. (C) 19. (A) 20. (C)
21. (D) 22. (D) 23. (D) 24. (D) 25. (C) 26. (A) 27. (C) 28. (C) 29. (D) 30. (B)
31. (C) 32. (B) 33. (A) 34. (B) 35. (C) 36. (D) 37. (A) 38. (B) 39. (A) 40. (D)
41. (A) 42. (C) 43. (A) 44. (A) 45. (C) 46. (A) 47. (B) 48. (D) 49. (A) 50. (C)
(A) A name of modern computer
(B) A new variety of rice
(C) American trade law
(D) American treatment name for Aids
2. Which day is celebrated as 'National Excise Duty Day' ?
(A) 26th January
(B) 24th February
(C) 14th April
(D) 10th June
3. Air Deccan has been re-named as—
(A) Kingfisher Red
(B) Jet Red
(C) Sahara Red
(D) Indigo Red
4. For attracting more customers and providing better facilities, which of the following bank has launched a scheme 'Parivartan' ?
(A) Punjab National Bank
(B) Bank of Baroda
(C) State Bank of India
(D) Central Bank of India
5. Lahiri Committee was associated with—
(A) Industrial Sickness
(B) Minimum Support Prices of Agriculture Products
(C) Price Structure of Edible Oil
(D) Handicraft Exports
6. Plan expenditure in India is met by—
(A) Internal debt and other resources
(B) Assistance from Aid India Club
(C) Assistance from IMF
(D) Assistance from OECD countries
7. National Income in India is estimated by—
(A) Planning Commission
(B) Finance Commission
(C) Indian Statistical Institute
(D) Central Statistical Organisation
8. Population density means—
(A) No. of persons living per sq. km.
(B) No. of persons living per kilometre
(C) Ratio of population living below poverty line to total population
(D) No. of persons in a village
9. Which tax is collected by Panchayat ?
(A) Sales Tax
(B) Custom Duty
(C) Land Revenue
(D) Tax on local fairs
10. Which percentage UTI Asset Management Company (UTIAMC) is going to divest ?
(A) 14%
(B) 26%
(C) 33%
(D) 54%
11. Which sector got high rate of growth in its co-operative units ?
(A) Sugar
(B) Cotton Textile
(C) Jute
(D) Cement
12. Which committee among the following was associated with prices of petroleum products and
its tariff structure ?
(A) Dr. Rangrajan Committee
(B) Malegam Committee
(C) Lahiri Committee
(D) Vaidyanathan Committee
13. The first fully literate district outside the Kerala State is—
(A) Wardhaman (West Bengal)
(B) Chingelpattu (Tamil Nadu)
(C) Nasik (Maharashtra)
(D) Merkata (Karnataka)
14. Tax Information Network (TIN), started in January 2004 is associated with—
(A) Sales Tax
(B) Excise Duty
(C) Income Tax
(D) Corporation Tax
15. Which of the following Committee has suggested to raise the prices of petrol and diesel every month ?
(A) Rangrajan Committee
(B) Chaturvedi Committee
(C) Tendulkar Committee
(D) Y. B. Reddy Committee
16. SDR is the currency of IMF which is in the form of—
(A) Paper currency
(B) Gold
(C) Silver and gold both
(D) Book-keeping entry only
17. Indravati Hydroelectric Project is the multipurpose project of—
(A) Maharashtra State
(B) Gujarat State
(C) Orissa State
(D) Tamil Nadu
18. The nationalisation of the major commercial banks took place in—
(A) 1947
(B) 1956
(C) 1969
(D) 1980
19. What is a 'limited company' ?
(A) In which shareholders possess the ownership limited to their paid up capital
(B) In which shares are issued
(C) A company of Government ownership
(D) A Registered company
20. The headquarters of RBI is in—
(A) Delhi
(B) Kanpur
(C) Mumbai
(D) Nasik
21. I-phone is associated with—
(A) Nokia
(B) Reliance
(C) BSNL
(D) Apple Ink
22. Project 'Sankalp' is associated with the elimination of—
(A) Illiteracy
(B) Polio
(C) Unemployment
(D) AIDS/HIV
23. As per the projections of Food Ministry, food subsidy in India during 2008-09 is likely to touch a record level of about—
(A) Rs. 25,666 crore
(B) Rs. 30,666 crore
(C) Rs. 40,666 crore
(D) Rs. 32,666 crore
24. The government is planning to establish 'Price Stabilisation Fund' to check the price fluctuation of a few crops. These crops are—
1. Tea
2. Tobacco
3. Coffee
4. Rubber
Mention the right answer from the following groups—
(A) Only 1 and 3
(B) Only 1, 2 and 3
(C) Only 1, 3 and 4
(D) All 1, 2, 3 and 4
25. Chelliah Committee recommended to tax the agriculture income of non-farmers having income above—
(A) Rs. 15000
(B) Rs. 20000
(C) Rs. 25000
(D) Rs. 50000
26. Which of the following committee is related to infrastructure financing ?
(A) Deepak Parekh Committee
(B) T. Shanker Lingam
(C) T. S. Vijayan
(D) O. P. Garg
27. As per the declaration of RBI made on March 4, 2009, what is true for Reverse Repo Rate ?
(A) Reduced from 5·0% to 4·5%
(B) Reduced from 4·5% to 4·0%
(C) Reduced from 4·0% to 3·5%
(D) Retained at 4·0%
28. Twelfth Finance Commission under Chairmanship of Dr. C. Rangrajan has submitted its final
report on—
(A) September 30, 2004
(B) October 30, 2004
(C) November 30, 2004
(D) December 7, 2004
29. With which objective, Kisan Call Centre's have been established ?
(A) To ensure the supply of fertilizers to farmers on suitable rates
(B) Distribution of HYV seeds
(C) To provide agriculture credit at concessional rates
(D) To provide consultancy service related to agriculture
30. National Stock Exchange has introduced a new share index in place of NSE-100 in April 1996. It is known as—
(A) NSE-200
(B) NSE-50
(C) NSE-20
(D) NSE-15
31. 'Open market operation' is a part of—
(A) Income Policy
(B) Fiscal Policy
(C) Credit Policy
(D) Labour Policy
32. The city having highest population in the world is—
(A) New York
(B) Tokyo
(C) Mexico
(D) Paris
33. Which constitutes the maximum share in power generation ?
(A) Thermal Power
(B) Hydro Power
(C) Atomic Power
(D) All the above have equal share
34. World Bank has approved the second tranche to the poverty project of—
(A) Gujarat
(B) Madhya Pradesh
(C) Bihar
(D) Rajasthan
35. National Development Council was constituted in—
(A) 1945
(B) 1948
(C) 1952
(D) 1965
36. Which is a credit rating agency in India ?
(A) CRISIL
(B) CARE
(C) ICRA
(D) All of these
37. CRISIL—
(A) Evaluates the credit documents of a company
(B) Provides financial assistance to industries
(C) Provides finances for rural areas
(D) Promotes exports
38. On the lines of 'Palace on Wheels', a new train 'Deccan Odyssey' is operated in the
State—
(A) Tamil Nadu, Karnataka
(B) Maharashtra, Goa
(C) Karnataka, Kerala
(D) Kerala, Tamil Nadu
39. As per TRAI directions, the country will be divided into……zones for the portability of telephone numbers in mobile services.
(A) 2
(B) 4
(C) 5
(D) 8
40. Nano knowledge city is being established at—
(A) Bangalore
(B) Jaipur
(C) Hyderabad
(D) Chandigarh
41. For transporting petroleum products, 1054 km long pipeline is been made between Mundra and Delhi. This project is being undertaken by—
(A) HPCL
(B) BPCL
(C) Indian Oil
(D) GAIL
42. The period of 11th plan is—
(A) 2005–10
(B) 2006–11
(C) 2007–12
(D) 2008–13
43. Who is the new RBI Governor ?
(A) D. Subbarao
(B) Rakesh Mohan
(C) Arun Ramnathan
(D) Y. B. Reddy
44. Which states have not yet established any RRB ?
(A) Sikkim and Goa
(B) Bihar and Rajasthan
(C) Sikkim and Arunachal Pradesh
(D) Nagaland
45. State Bank of India is entering in general insurance business with collaboration of an insurance company of—
(A) Japan
(B) France
(C) Australia
(D) Korea
46. On the recommendations of Kelkar committee, no new RRB was established since—
(A) April 1987
(B) April 1988
(C) April 1989
(D) April 1990
47. IRBI—Industrial Reconstruction Bank of India was established in—
(A) 1975
(B) 1985
(C) 1990
(D) 1992
48. Which state government decided to allow contract farming in the state ?
(A) Uttar Pradesh
(B) Madhya Pradesh
(C) Punjab
(D) Rajasthan
49. The headquarters of SIDBI is in—
(A) Lucknow
(B) New Delhi
(C) Mumbai
(D) Bangalore
50. LIC of India was established in—
(A) 1897
(B) 1950
(C) 1956
(D) 1965
Answers :
1. (C) 2. (B) 3. (A) 4. (C) 5. (C) 6. (A) 7. (D) 8. (A) 9. (D) 10. (B)
11. (A) 12. (A) 13. (A) 14. (C) 15. (B) 16. (D) 17. (C) 18. (C) 19. (A) 20. (C)
21. (D) 22. (D) 23. (D) 24. (D) 25. (C) 26. (A) 27. (C) 28. (C) 29. (D) 30. (B)
31. (C) 32. (B) 33. (A) 34. (B) 35. (C) 36. (D) 37. (A) 38. (B) 39. (A) 40. (D)
41. (A) 42. (C) 43. (A) 44. (A) 45. (C) 46. (A) 47. (B) 48. (D) 49. (A) 50. (C)
PART - 4
1. Which State/Union Territory has been placed at the top in the list of per capita income for the year 2006-07 ?
(A) Gujarat
(B) Chandigarh
(C) Punjab
(D) Delhi
2. According to 2001 census, Indian Population was—
(A) 98·7 crore
(B) 100·0 crore
(C) 102·9 crore
(D) 105·7 crore
3. Which Union Territory ensured Lowest Population in 2001 census ?
(A) Delhi
(B) Chandigarh
(C) Puducherry
(D) Lakshadweep
4. The new Brand Ambassador for BSNL is—
(A) Sachin Tendulkar
(B) Preeti Zinta
(C) Deepika Padukone
(D) Mahendra Singh Dhoni
5. The headquarters of Asian Development Bank (ADB) is at—
(A) Singapore
(B) Manila
(C) Hong Kong
(D) Tokyo
6. Public Sector banks have launched the home loan schemes in which home loans between
Rs. 5-20 lakh will be given at the rate of interest—
(A) 8·5%
(B) 9·0%
(C) 9·25%
(D) 9·5%
7. For arresting the phase of depression in the economy in its fiscal stimulus, government has announced a CENVAT cut of—
(A) 4%
(B) 3%
(C) 2%
(D) 1%
8. The aim of Differentiated Interest Scheme was to provide concessional loans to—
(A) Weaker Section of Society
(B) Public Sector Industries
(C) Public Limited Companies
(D) Big Exporters
9. What is 'Stagflation' ?
(A) Inflation with growth
(B) Deflation with growth
(C) Inflation after deflations
(D) Inflation with depression
10. Which Indian plan ensured high growth rate as compared with targeted growth rate ?
(A) Fifth Plan
(B) Fourth Plan
(C) Second Plan
(D) Eighth Plan
11. The government is preparing Devolution Index which will measure social empowerment of
people at the—
(A) Panchayat level
(B) Block level
(C) District level
(D) State level
12. At present the central issue price for wheat for families BPL (below poverty line) is—
(A) Rs. 250 per Qt.
(B) Rs. 415 per Qt.
(C) Rs. 500 per Qt.
(D) Rs. 900 per Qt.
13. Which committee was constituted for reforms in tax-structure ?
(A) Narsimham Committee
(B) Chelliah Committee
(C) Gadgil Committee
(D) Kelkar Committee
14. Narsimham Committee was related to—
(A) High Education Reforms
(B) Tax Structure Reforms
(C) Banking Structure Reforms
(D) Planning Implementation Reforms
15. The Slogan 'Garibi Hatao' was included in—
(A) First Plan
(B) Fifth Plan
(C) Fourth Plan
(D) Second Plan
16. KVIC (Khadi and Village Industry Commission) was established in—
(A) Third Plan
(B) Fourth Plan
(C) Second Plan
(D) First Plan
17. Which year was declared as Customer's Satisfaction Year by Railways ?
(A) 2000-01
(B) 2001-02
(C) 2002-03
(D) 2003-04
18. The main security guard of International Trade is—
(A) IMF
(B) World Bank
(C) WTO
(D) IFC
19. Which is true for existing Economic and Industrial Policies of Indian Govt. ?
(1) FERA was abolished
(2) MRTP was abolished
(3) Cash compensatory support for exports was abolished
(4) Industrial licensing (except a few goods) was abolished
(A) 1, 2, 3 and 4
(B) 1, 3 and 4
(C) only 3 and 4
(D) only 2 and 3
20. After a cut of 50 basis points in Repo rate on March 4, 2009. The repo rate w.e.f. March 4, 2009 stands at—
(A) 4·5%
(B) 5·0%
(C) 6·0%
(D) 5·5%
21. An expert committee on climate change has been formed by the Ministry of Environment and Forest under the chairmanship of—
(A) R. Chidambaram
(B) V. Siddhartha
(C) A. Raja
(D) Nirmala Deshpande
22. Which of the two employment programmes are being merged in newly introduced Prime Minister's Employment Generation Programme ?
(A) PMRY and NREP
(B) NREP and REGP
(C) PMRY and REGP
(D) PMRY
23. On December 5, 2008 the government announced a cut in petrol and diesel prices per litre
at—
(A) Rs. 4 & Rs. 2 respectively
(B) Rs. 5 & Rs. 3 respectively
(C) Rs. 5 & Rs. 2 respectively
(D) Rs. 5 & Rs. 2·50 respectively
24. One major proposal of New Industrial Policy (1991) was—
(A) NRIs will not be allowed for capital investment in India
(B) All types of industries have been made licence free
(C) Import restrictions of technical know-how for one year
(D) Facility of direct foreign investment upto 51% in high priority industries
25. On March 4, 2009, RBI has altered—
(A) Only Bank Rate
(B) Both Repo Rate and Reverse Repo Rate
(C) Only Repo Rate
(D) Both CRR and Repo Rate
26. According to 2001 census, which state has the maximum slum population ?
(A) Uttar Pradesh
(B) Maharashtra
(C) Delhi
(D) Orissa
27. 'Closed Economy' is that economy in which—
(A) Only export takes place
(B) Money supply is fully controlled
(C) Deficit financing takes place
(D) Neither export nor import takes place
28. To put a check on rupee depreciation, RBI in October 2008 sold foreign currency of—
(A) $ 20·63 billion
(B) $ 22·22 billion
(C) $ 25·32 billion
(D) $ 28·32 billion
29. National Rural Development Institute is situated at—
(A) Shimla
(B) Hyderabad
(C) Patna
(D) New Delhi
30. 'Axis Bank' is the new proposed name for—
(A) UCO Bank
(B) IDBI Bank
(C) UTI Bank
(D) ICICI Bank
31. Which statement of the following is false (according to literacy data of 2001 census) ?
(A) Literacy rate was calculated among people having age 6 years or above
(B) During 1999-2001, the number of literate population increased
(C) Indian literacy rate was estimated to be 65·38%
(D) Kerala was cent-per cent literate state
32. The headquarters of World Bank is situated at—
(A) Manila
(B) Washington D.C.
(C) New York
(D) Geneva
33. Which state has a lower literacy rate than country's literacy rate according to 2001 census ?
(A) Maharashtra
(B) Gujarat
(C) Orissa
(D) West Bengal
34. SEBI has reduced the process duration time limit of 'Right Issues' from 109 days to—
(A) 89 days
(B) 72 days
(C) 62 days
(D) 43 days
35. VAT has been implemented in India in—
(A) All the States
(B) All the States except U.P.
(C) Only in few States
(D) Most of the States
36. Which pair is not correct ?
(A) EXIM Bank—Financing for export-import
(B) RBI—Banker's bank
(C) IDBI—Industrial finance
(D) FCI—Financial assistance to commercial institutions
37. Nirmal Gram Puraskar is associated with—
(A) Rural Drinking Water
(B) Enlarging Forests
(C) Elementary Education
(D) Total Sanitation Campaign
38. As per the findings of 61st round of survey of NSSO, the share of female work force in informal sector in urban India between the period 1999-2000 to 2004-05 has declined by—
(A) 4 percentage points
(B) 5 percentage points
(C) 6 percentage points
(D) 7 percentage points
39. Which of the following controls the working of share market in India ?
(A) MRTP Act
(B) FERA
(C) BIFR
(D) SEBI
40. Which of the following committee is at present working on 'future trading' effect on retail and wholesale prices of agriculture products ?
(A) Tendulkar Committee
(B) Abhijit Sen Committee
(C) Rakesh Mohan Committee
(D) Y. K. Alagh Committee
41. Indian Planning Commission was constituted in—
(A) 1948
(B) 1949
(C) 1950
(D) 1951
42. VDIS–1997 became operative between—
(A) 1.4.97 to 31.12.97
(B) 1.4.97 to 31.3.98
(C) 1.7.97 to 31.3.98
(D) 1.7.97 to 31.12.97
43. To mitigate the liquidity problem of exporters, RBI has provided re-finance window to EXIM
Bank of the amount of—
(A) Rs. 2000 crore
(B) Rs. 3000 crore
(C) Rs. 4000 crore
(D) Rs. 5000 crore
44. World Bank has raised the standard of measuring population below poverty line from one dollar per day to—
(A) $ 1·25 per day
(B) $ 1·5 per day
(C) $ 1·75 per day
(D) $ 2·0 per day
45. The First 'Garib Rath' has been flagged off between—
(A) Delhi—Patna
(B) Delhi—Chennai
(C) Delhi—Mumbai
(D) Amritsar—Saharsa
46. 'Big Digital TV DTH' is the new broadcasting service of DTH launched by—
(A) Sahara Group
(B) Mukesh Ambani Group
(C) Anil Ambani Group
(D) Bharti Airtel Group
47. The process of budget making after re-evaluating every item of expenditure in every financial year is known as—
(A) Performance Budgeting
(B) Deficit Budgeting
(C) Zero Based Budgeting
(D) Fresh Budgeting
48. Which of the following is not the member of EEC ?
(A) Poland
(B) Germany
(C) Italy
(D) U.K.
49. Which place India holds in milk production ?
(A) Fourth
(B) Third
(C) Second
(D) First
50. India Infrastructure Finance Company Ltd. (IIFCL) has been permitted to issue tax-free bonds for raising a fund of—
(A) Rs. 5000 crore
(B) Rs. 7500 crore
(C) Rs. 10,000 crore
(D) Rs. 12,500 crore
Answers :
1. (B) 2. (C) 3. (D) 4. (C) 5. (B) 6. (C) 7. (A) 8. (A) 9. (D) 10. (D)
11. (A) 12. (B) 13. (B) 14. (C) 15. (B) 16. (C) 17. (D) 18. (C) 19. (C) 20. (B)
21. (A) 22. (C) 23. (C) 24. (D) 25. (B) 26. (B) 27. (D) 28. (A) 29. (B) 30. (C)
31. (D) 32. (B) 33. (C) 34. (D) 35. (A) 36. (D) 37. (D) 38. (B) 39. (D) 40. (B)
41. (C) 42. (D) 43. (D) 44. (A) 45. (D) 46. (C) 47. (C) 48. (A) 49. (D) 50. (C)
(A) Gujarat
(B) Chandigarh
(C) Punjab
(D) Delhi
2. According to 2001 census, Indian Population was—
(A) 98·7 crore
(B) 100·0 crore
(C) 102·9 crore
(D) 105·7 crore
3. Which Union Territory ensured Lowest Population in 2001 census ?
(A) Delhi
(B) Chandigarh
(C) Puducherry
(D) Lakshadweep
4. The new Brand Ambassador for BSNL is—
(A) Sachin Tendulkar
(B) Preeti Zinta
(C) Deepika Padukone
(D) Mahendra Singh Dhoni
5. The headquarters of Asian Development Bank (ADB) is at—
(A) Singapore
(B) Manila
(C) Hong Kong
(D) Tokyo
6. Public Sector banks have launched the home loan schemes in which home loans between
Rs. 5-20 lakh will be given at the rate of interest—
(A) 8·5%
(B) 9·0%
(C) 9·25%
(D) 9·5%
7. For arresting the phase of depression in the economy in its fiscal stimulus, government has announced a CENVAT cut of—
(A) 4%
(B) 3%
(C) 2%
(D) 1%
8. The aim of Differentiated Interest Scheme was to provide concessional loans to—
(A) Weaker Section of Society
(B) Public Sector Industries
(C) Public Limited Companies
(D) Big Exporters
9. What is 'Stagflation' ?
(A) Inflation with growth
(B) Deflation with growth
(C) Inflation after deflations
(D) Inflation with depression
10. Which Indian plan ensured high growth rate as compared with targeted growth rate ?
(A) Fifth Plan
(B) Fourth Plan
(C) Second Plan
(D) Eighth Plan
11. The government is preparing Devolution Index which will measure social empowerment of
people at the—
(A) Panchayat level
(B) Block level
(C) District level
(D) State level
12. At present the central issue price for wheat for families BPL (below poverty line) is—
(A) Rs. 250 per Qt.
(B) Rs. 415 per Qt.
(C) Rs. 500 per Qt.
(D) Rs. 900 per Qt.
13. Which committee was constituted for reforms in tax-structure ?
(A) Narsimham Committee
(B) Chelliah Committee
(C) Gadgil Committee
(D) Kelkar Committee
14. Narsimham Committee was related to—
(A) High Education Reforms
(B) Tax Structure Reforms
(C) Banking Structure Reforms
(D) Planning Implementation Reforms
15. The Slogan 'Garibi Hatao' was included in—
(A) First Plan
(B) Fifth Plan
(C) Fourth Plan
(D) Second Plan
16. KVIC (Khadi and Village Industry Commission) was established in—
(A) Third Plan
(B) Fourth Plan
(C) Second Plan
(D) First Plan
17. Which year was declared as Customer's Satisfaction Year by Railways ?
(A) 2000-01
(B) 2001-02
(C) 2002-03
(D) 2003-04
18. The main security guard of International Trade is—
(A) IMF
(B) World Bank
(C) WTO
(D) IFC
19. Which is true for existing Economic and Industrial Policies of Indian Govt. ?
(1) FERA was abolished
(2) MRTP was abolished
(3) Cash compensatory support for exports was abolished
(4) Industrial licensing (except a few goods) was abolished
(A) 1, 2, 3 and 4
(B) 1, 3 and 4
(C) only 3 and 4
(D) only 2 and 3
20. After a cut of 50 basis points in Repo rate on March 4, 2009. The repo rate w.e.f. March 4, 2009 stands at—
(A) 4·5%
(B) 5·0%
(C) 6·0%
(D) 5·5%
21. An expert committee on climate change has been formed by the Ministry of Environment and Forest under the chairmanship of—
(A) R. Chidambaram
(B) V. Siddhartha
(C) A. Raja
(D) Nirmala Deshpande
22. Which of the two employment programmes are being merged in newly introduced Prime Minister's Employment Generation Programme ?
(A) PMRY and NREP
(B) NREP and REGP
(C) PMRY and REGP
(D) PMRY
23. On December 5, 2008 the government announced a cut in petrol and diesel prices per litre
at—
(A) Rs. 4 & Rs. 2 respectively
(B) Rs. 5 & Rs. 3 respectively
(C) Rs. 5 & Rs. 2 respectively
(D) Rs. 5 & Rs. 2·50 respectively
24. One major proposal of New Industrial Policy (1991) was—
(A) NRIs will not be allowed for capital investment in India
(B) All types of industries have been made licence free
(C) Import restrictions of technical know-how for one year
(D) Facility of direct foreign investment upto 51% in high priority industries
25. On March 4, 2009, RBI has altered—
(A) Only Bank Rate
(B) Both Repo Rate and Reverse Repo Rate
(C) Only Repo Rate
(D) Both CRR and Repo Rate
26. According to 2001 census, which state has the maximum slum population ?
(A) Uttar Pradesh
(B) Maharashtra
(C) Delhi
(D) Orissa
27. 'Closed Economy' is that economy in which—
(A) Only export takes place
(B) Money supply is fully controlled
(C) Deficit financing takes place
(D) Neither export nor import takes place
28. To put a check on rupee depreciation, RBI in October 2008 sold foreign currency of—
(A) $ 20·63 billion
(B) $ 22·22 billion
(C) $ 25·32 billion
(D) $ 28·32 billion
29. National Rural Development Institute is situated at—
(A) Shimla
(B) Hyderabad
(C) Patna
(D) New Delhi
30. 'Axis Bank' is the new proposed name for—
(A) UCO Bank
(B) IDBI Bank
(C) UTI Bank
(D) ICICI Bank
31. Which statement of the following is false (according to literacy data of 2001 census) ?
(A) Literacy rate was calculated among people having age 6 years or above
(B) During 1999-2001, the number of literate population increased
(C) Indian literacy rate was estimated to be 65·38%
(D) Kerala was cent-per cent literate state
32. The headquarters of World Bank is situated at—
(A) Manila
(B) Washington D.C.
(C) New York
(D) Geneva
33. Which state has a lower literacy rate than country's literacy rate according to 2001 census ?
(A) Maharashtra
(B) Gujarat
(C) Orissa
(D) West Bengal
34. SEBI has reduced the process duration time limit of 'Right Issues' from 109 days to—
(A) 89 days
(B) 72 days
(C) 62 days
(D) 43 days
35. VAT has been implemented in India in—
(A) All the States
(B) All the States except U.P.
(C) Only in few States
(D) Most of the States
36. Which pair is not correct ?
(A) EXIM Bank—Financing for export-import
(B) RBI—Banker's bank
(C) IDBI—Industrial finance
(D) FCI—Financial assistance to commercial institutions
37. Nirmal Gram Puraskar is associated with—
(A) Rural Drinking Water
(B) Enlarging Forests
(C) Elementary Education
(D) Total Sanitation Campaign
38. As per the findings of 61st round of survey of NSSO, the share of female work force in informal sector in urban India between the period 1999-2000 to 2004-05 has declined by—
(A) 4 percentage points
(B) 5 percentage points
(C) 6 percentage points
(D) 7 percentage points
39. Which of the following controls the working of share market in India ?
(A) MRTP Act
(B) FERA
(C) BIFR
(D) SEBI
40. Which of the following committee is at present working on 'future trading' effect on retail and wholesale prices of agriculture products ?
(A) Tendulkar Committee
(B) Abhijit Sen Committee
(C) Rakesh Mohan Committee
(D) Y. K. Alagh Committee
41. Indian Planning Commission was constituted in—
(A) 1948
(B) 1949
(C) 1950
(D) 1951
42. VDIS–1997 became operative between—
(A) 1.4.97 to 31.12.97
(B) 1.4.97 to 31.3.98
(C) 1.7.97 to 31.3.98
(D) 1.7.97 to 31.12.97
43. To mitigate the liquidity problem of exporters, RBI has provided re-finance window to EXIM
Bank of the amount of—
(A) Rs. 2000 crore
(B) Rs. 3000 crore
(C) Rs. 4000 crore
(D) Rs. 5000 crore
44. World Bank has raised the standard of measuring population below poverty line from one dollar per day to—
(A) $ 1·25 per day
(B) $ 1·5 per day
(C) $ 1·75 per day
(D) $ 2·0 per day
45. The First 'Garib Rath' has been flagged off between—
(A) Delhi—Patna
(B) Delhi—Chennai
(C) Delhi—Mumbai
(D) Amritsar—Saharsa
46. 'Big Digital TV DTH' is the new broadcasting service of DTH launched by—
(A) Sahara Group
(B) Mukesh Ambani Group
(C) Anil Ambani Group
(D) Bharti Airtel Group
47. The process of budget making after re-evaluating every item of expenditure in every financial year is known as—
(A) Performance Budgeting
(B) Deficit Budgeting
(C) Zero Based Budgeting
(D) Fresh Budgeting
48. Which of the following is not the member of EEC ?
(A) Poland
(B) Germany
(C) Italy
(D) U.K.
49. Which place India holds in milk production ?
(A) Fourth
(B) Third
(C) Second
(D) First
50. India Infrastructure Finance Company Ltd. (IIFCL) has been permitted to issue tax-free bonds for raising a fund of—
(A) Rs. 5000 crore
(B) Rs. 7500 crore
(C) Rs. 10,000 crore
(D) Rs. 12,500 crore
Answers :
1. (B) 2. (C) 3. (D) 4. (C) 5. (B) 6. (C) 7. (A) 8. (A) 9. (D) 10. (D)
11. (A) 12. (B) 13. (B) 14. (C) 15. (B) 16. (C) 17. (D) 18. (C) 19. (C) 20. (B)
21. (A) 22. (C) 23. (C) 24. (D) 25. (B) 26. (B) 27. (D) 28. (A) 29. (B) 30. (C)
31. (D) 32. (B) 33. (C) 34. (D) 35. (A) 36. (D) 37. (D) 38. (B) 39. (D) 40. (B)
41. (C) 42. (D) 43. (D) 44. (A) 45. (D) 46. (C) 47. (C) 48. (A) 49. (D) 50. (C)
PART - 4
1. The State having the highest literacy rate among woman in India is—
(A) Tamil Nadu
(B) Kerala
(C) West Bengal
(D) Maharashtra
2. IRDP was introduced in the year—
(A) 1978-79
(B) 1979-80
(C) 1980-81
(D) 1981-82
3. As per 61st Round of NSSO Survey employment growth rate during 1999–2000 to 2004–05
has been estimated to be—
(A) 2·6%
(B) 2·8%
(C) 3·0%
(D) 3·2%
4. Oil Refinery at Bhatinda is being established by—
(A) IOC
(B) HPCL
(C) Reliance
(D) BPCL
5. The new Share Price Index (in dollar value) of Mumbai Share Market is—
(A) Dolex
(B) Urex
(C) Forex
(D) Sensex
6. BCCI is—
(A) An International Terrorist Organisation
(B) An International Industrial Organisation
(C) A Movement for International Peace
(D) An International Banking Organisation
7. Index 'Residex' is associated with—
(A) Share Prices
(B) Mutual Fund Prices
(C) Price Inflation Index
(D) Land Prices
8. The outlines of second five year plan was made by—
(A) B. N. Gadgil
(B) VKRV Rao
(C) P. C. Mahalanobis
(D) C. N. Vakil
9. Which panel has been appointed by Finance Ministry to review the service tax issues ?
(A) Abhijit Sen Panel
(B) Ahluwalia Panel
(C) Rastogi Panel
(D) Rangrajan Panel
10. NABARD was established in—
(A) Fourth Plan
(B) Fifth Plan
(C) Sixth Plan
(D) Eighth Plan
11. Devaluation means—
(A) To reduce the value of home currency in other currency
(B) To appreciate the value of home currency
(C) To issue new currency in place of old currency
(D) None of these
12. IMF has raised India's quota as a result of which India's voting right has gone up from 1·88%
to—
(A) 2·0%
(B) 2·44%
(C) 2·82%
(D) 3·1%
13. Which of the following Indian company has signed an agreement with Vietnam to establish
steel plant at Vung Ang economic region of Ha Tinh State of Vietnam ?
(A) Tata Steels
(B) Reliance Steels
(C) Mittal Steels
(D) Birla Group
14. CSO has shifted the base year for national income estimates—
(A) From 1990-91 to 1999-2000
(B) From 1993-94 to 1999-2000
(C) From 1990-91 to 2000-01
(D) From 1993-94 to 2000-01
15. The number of approved share markets in India—
(A) 19
(B) 20
(C) 23
(D) 24
16. After merger of Air India and Indian Airlines, the new entity is now known as—
(A) India Airlines
(B) Air India
(C) Indian
(D) Indian Airways
17. Dalal Street is situated at—
(A) London
(B) Paris
(C) Mumbai
(D) New Delhi
18. RBI was nationalised in—
(A) 1959
(B) 1947
(C) 1945
(D) 1949
19. Who was the Chairman of the Working Group of Planning Commission which suggested the shifting of base year of Wholesale Price Index from 1993-94 to 1999-2000 ?
(A) Dr. C. Rangrajan
(B) Prof. Abhijit Sen
(C) Prof. A. R. Khusro
(D) Prof. Janakiraman
20. SBI (Subsidiary Banks Laws) Amendment Bill passed by the Parliament allows SBI to reduce its holding in its seven subsidiary banks from—
(A) 100% to 75%
(B) 75% to 50%
(C) 75% or more to 51%
(D) 75% or more to 49%
21 The foundation stone of a new rail coach making factory has been laid at—
(A) Saharsa
(B) Rae Bareli
(C) Amethi
(D) Amritsar
22. CONCORD of 8 states of Northern region is a scheme of—
(A) FICCI
(B) ASSOCHAM
(C) CII
(D) A joint scheme of all the above
23. The weight of mining sector in Industrial production index is—
(A) 10·69%
(B) 22·42%
(C) 11·46%
(D) 44·44%
24. Which of the following public sector enterprise has been given status of 'Mini Ratna' by the
govt. in August 2008 ?
(A) Shipping Corporation of India
(B) Hindustan Copper Ltd.
(C) Bharat Electronics Ltd.
(D) Power Finance Corporation
25. Aam Admi Bima Yojana provides social security to—
(A) All labours in rural areas
(B) All landless labours living below poverty line in rural areas
(C) All labours in urban areas
(D) All labours in both rural as well as urban areas
26. Who was the Chairman of 12th Finance Commission ?
(A) C. Rangrajan
(B) K. C. Pant
(C) Kelkar
(D) Madhavan Ravindre
27. Increase in net RBI credit for Central Government represents—
(A) Budgetary Deficit
(B) Revenue Deficit
(C) Fiscal Deficit
(D) Monetised Deficit
28. Which pair is not correct ?
(A) Rekhi Committee—Simplification of Export and Import
(B) Nanjundappa Committee—Railway fare
(C) Rangrajan Committee—Balance of Payment
(D) Goiporia Committee—Banking Service Improvements
29. Individual cannot open his account in—
(A) Urban Cooperative Bank
(B) Regional Rural Bank
(C) RBI
(D) Scheduled Commercial Banks
30. The basis of determining dearness allowance to employees in India is—
(A) National Income
(B) Consumer Price Index
(C) Standard of Living
(D) Per Capita Income
31. The objective of 'Sangam Yojana' is—
(A) To make Ganga water pollution free
(B) To make Sangam region of Allahabad more attractive for tourists
(C) To ensure welfare of handicapped
(D) To unite various groups of Hindus
32. IMF has raised the quota and voting share of India which places India at……place among 184 members of the organisation.
(A) 10th
(B) 11th
(C) 12th
(D) 13th
33. The process of budget making after re-evaluating every item of expenditure in every financial year is known as—
(A) Performance Budgeting
(B) Deficit Budgeting
(C) Zero Based Budgeting
(D) Fresh Budgeting
34. Project 'Sankalp' is associated with the elimination of—
(A) Illiteracy
(B) Polio
(C) Unemployment
(D) AIDS/HIV
35. In Interim Budget 2009-10, the share of subsidy in one rupee expenditure stands at—
(A) 9 paise
(B) 10 paise
(C) 11 paise
(D) 12 paise
36. 'Focus Product' and 'Focus' Market' are the two schemes introduced related to—
(A) Industrial Diversification
(B) Technology Upgradation
(C) Export Promotion
(D) Control of Inflation
37. In fiscal stimulus III announced by the Finance Ministry on the day of passing Interim Budget
2009-10 in Parliament has been reduced to—
(A) 12%
(B) 11%
(C) 10%
(D) 9%
38. As on March 4, 2009 bank rate stands at—
(A) 7·0%
(B) 6·5%
(C) 6·0%
(D) 5·5%
39. To which community/organization maximum goods are exported from India ?
(A) EEC
(B) Commonwealth nation
(C) SAFTA
(D) OPEC
40. Which of the following committee has recently submitted its recommendations on financial
sector reforms ?
(A) Rajan Committee
(B) Narsimham Committee
(C) Damodaran Committee
(D) Kelkar Committee
41. According to 2001 census, during 1991–2001 the highest population growth rate was found in—
(A) Madhya Pradesh
(B) Manipur
(C) Rajasthan
(D) Nagaland
42. According to 2001 census, per 1000 male female number is—
(A) 939
(B) 959
(C) 933
(D) 927
43. Under Prime Minister's Integrated Urban Poverty Eradication Programme (PMIUPEP) those
urban areas were included which had a population—
(A) Upto 50,000
(B) Between 50,000 and 1 Lakh
(C) Between 50,000 to 5 Lakh
(D) None of these
44. The Nobel Prize for Economics in 2007 was given to—
(A) Thomas C. Schelling and Robert J. Aumann
(B) George A. Akerlof, Michael Spence & Joseph E. Stiglitz
(C) James Huckman and Denial Macfadan
(D) Leonid Hurwicz, Eric Maskin and Roger Myerson
45. To which state Nano Car product has been shifted from West Bengal ?
(A) Andhra Pradesh
(B) Karnataka
(C) Gujarat
(D) Haryana
46. Nobel Prize of Economics for the year 2006 was given to—
(A) Milton Friedman
(B) Edmund Phelps
(C) Thomas C. Schellings
(D) Finn Kydland
47. SJSRY belongs to—
(A) Urban areas
(B) Rural areas
(C) Semi-urban areas
(D) All of these
48. What is 'Hawala' ?
(A) Full details of a subject
(B) Illegal transactions of foreign exchange
(C) Illegal trading of shares
(D) Tax evasion
49. Which plan was suspended one year before the time schedule ?
(A) First Plan (1951–56)
(B) Third Plan (1966–71)
(C) Sixth Plan (1980–85)
(D) Fifth Plan (1974–79)
50. Which pair is not correct ?
(A) I Plan (1951–56)
(B) III Plan (1966–71)
(C) VI Plan (1980–85)
(D) X Plan (2002–2007)
Answers :
1. (B) 2. (A) 3. (A) 4. (B) 5. (A) 6. (D) 7. (D) 8. (C) 9. (C) 10. (C)
11. (A) 12. (B) 13. (A) 14. (B) 15. (D) 16. (B) 17. (C) 18. (D) 19. (B) 20. (C)
21. (B) 22. (C) 23. (A) 24. (B) 25. (B) 26. (A) 27. (D) 28. (A) 29. (C) 30. (B)
31. (C) 32. (B) 33. (C) 34. (D) 35. (A) 36. (C) 37. (C) 38. (C) 39. (A) 40. (A)
41. (D) 42. (C) 43. (B) 44. (D) 45. (C) 46. (B) 47. (A) 48. (B) 49. (D) 50. (B)
(A) Tamil Nadu
(B) Kerala
(C) West Bengal
(D) Maharashtra
2. IRDP was introduced in the year—
(A) 1978-79
(B) 1979-80
(C) 1980-81
(D) 1981-82
3. As per 61st Round of NSSO Survey employment growth rate during 1999–2000 to 2004–05
has been estimated to be—
(A) 2·6%
(B) 2·8%
(C) 3·0%
(D) 3·2%
4. Oil Refinery at Bhatinda is being established by—
(A) IOC
(B) HPCL
(C) Reliance
(D) BPCL
5. The new Share Price Index (in dollar value) of Mumbai Share Market is—
(A) Dolex
(B) Urex
(C) Forex
(D) Sensex
6. BCCI is—
(A) An International Terrorist Organisation
(B) An International Industrial Organisation
(C) A Movement for International Peace
(D) An International Banking Organisation
7. Index 'Residex' is associated with—
(A) Share Prices
(B) Mutual Fund Prices
(C) Price Inflation Index
(D) Land Prices
8. The outlines of second five year plan was made by—
(A) B. N. Gadgil
(B) VKRV Rao
(C) P. C. Mahalanobis
(D) C. N. Vakil
9. Which panel has been appointed by Finance Ministry to review the service tax issues ?
(A) Abhijit Sen Panel
(B) Ahluwalia Panel
(C) Rastogi Panel
(D) Rangrajan Panel
10. NABARD was established in—
(A) Fourth Plan
(B) Fifth Plan
(C) Sixth Plan
(D) Eighth Plan
11. Devaluation means—
(A) To reduce the value of home currency in other currency
(B) To appreciate the value of home currency
(C) To issue new currency in place of old currency
(D) None of these
12. IMF has raised India's quota as a result of which India's voting right has gone up from 1·88%
to—
(A) 2·0%
(B) 2·44%
(C) 2·82%
(D) 3·1%
13. Which of the following Indian company has signed an agreement with Vietnam to establish
steel plant at Vung Ang economic region of Ha Tinh State of Vietnam ?
(A) Tata Steels
(B) Reliance Steels
(C) Mittal Steels
(D) Birla Group
14. CSO has shifted the base year for national income estimates—
(A) From 1990-91 to 1999-2000
(B) From 1993-94 to 1999-2000
(C) From 1990-91 to 2000-01
(D) From 1993-94 to 2000-01
15. The number of approved share markets in India—
(A) 19
(B) 20
(C) 23
(D) 24
16. After merger of Air India and Indian Airlines, the new entity is now known as—
(A) India Airlines
(B) Air India
(C) Indian
(D) Indian Airways
17. Dalal Street is situated at—
(A) London
(B) Paris
(C) Mumbai
(D) New Delhi
18. RBI was nationalised in—
(A) 1959
(B) 1947
(C) 1945
(D) 1949
19. Who was the Chairman of the Working Group of Planning Commission which suggested the shifting of base year of Wholesale Price Index from 1993-94 to 1999-2000 ?
(A) Dr. C. Rangrajan
(B) Prof. Abhijit Sen
(C) Prof. A. R. Khusro
(D) Prof. Janakiraman
20. SBI (Subsidiary Banks Laws) Amendment Bill passed by the Parliament allows SBI to reduce its holding in its seven subsidiary banks from—
(A) 100% to 75%
(B) 75% to 50%
(C) 75% or more to 51%
(D) 75% or more to 49%
21 The foundation stone of a new rail coach making factory has been laid at—
(A) Saharsa
(B) Rae Bareli
(C) Amethi
(D) Amritsar
22. CONCORD of 8 states of Northern region is a scheme of—
(A) FICCI
(B) ASSOCHAM
(C) CII
(D) A joint scheme of all the above
23. The weight of mining sector in Industrial production index is—
(A) 10·69%
(B) 22·42%
(C) 11·46%
(D) 44·44%
24. Which of the following public sector enterprise has been given status of 'Mini Ratna' by the
govt. in August 2008 ?
(A) Shipping Corporation of India
(B) Hindustan Copper Ltd.
(C) Bharat Electronics Ltd.
(D) Power Finance Corporation
25. Aam Admi Bima Yojana provides social security to—
(A) All labours in rural areas
(B) All landless labours living below poverty line in rural areas
(C) All labours in urban areas
(D) All labours in both rural as well as urban areas
26. Who was the Chairman of 12th Finance Commission ?
(A) C. Rangrajan
(B) K. C. Pant
(C) Kelkar
(D) Madhavan Ravindre
27. Increase in net RBI credit for Central Government represents—
(A) Budgetary Deficit
(B) Revenue Deficit
(C) Fiscal Deficit
(D) Monetised Deficit
28. Which pair is not correct ?
(A) Rekhi Committee—Simplification of Export and Import
(B) Nanjundappa Committee—Railway fare
(C) Rangrajan Committee—Balance of Payment
(D) Goiporia Committee—Banking Service Improvements
29. Individual cannot open his account in—
(A) Urban Cooperative Bank
(B) Regional Rural Bank
(C) RBI
(D) Scheduled Commercial Banks
30. The basis of determining dearness allowance to employees in India is—
(A) National Income
(B) Consumer Price Index
(C) Standard of Living
(D) Per Capita Income
31. The objective of 'Sangam Yojana' is—
(A) To make Ganga water pollution free
(B) To make Sangam region of Allahabad more attractive for tourists
(C) To ensure welfare of handicapped
(D) To unite various groups of Hindus
32. IMF has raised the quota and voting share of India which places India at……place among 184 members of the organisation.
(A) 10th
(B) 11th
(C) 12th
(D) 13th
33. The process of budget making after re-evaluating every item of expenditure in every financial year is known as—
(A) Performance Budgeting
(B) Deficit Budgeting
(C) Zero Based Budgeting
(D) Fresh Budgeting
34. Project 'Sankalp' is associated with the elimination of—
(A) Illiteracy
(B) Polio
(C) Unemployment
(D) AIDS/HIV
35. In Interim Budget 2009-10, the share of subsidy in one rupee expenditure stands at—
(A) 9 paise
(B) 10 paise
(C) 11 paise
(D) 12 paise
36. 'Focus Product' and 'Focus' Market' are the two schemes introduced related to—
(A) Industrial Diversification
(B) Technology Upgradation
(C) Export Promotion
(D) Control of Inflation
37. In fiscal stimulus III announced by the Finance Ministry on the day of passing Interim Budget
2009-10 in Parliament has been reduced to—
(A) 12%
(B) 11%
(C) 10%
(D) 9%
38. As on March 4, 2009 bank rate stands at—
(A) 7·0%
(B) 6·5%
(C) 6·0%
(D) 5·5%
39. To which community/organization maximum goods are exported from India ?
(A) EEC
(B) Commonwealth nation
(C) SAFTA
(D) OPEC
40. Which of the following committee has recently submitted its recommendations on financial
sector reforms ?
(A) Rajan Committee
(B) Narsimham Committee
(C) Damodaran Committee
(D) Kelkar Committee
41. According to 2001 census, during 1991–2001 the highest population growth rate was found in—
(A) Madhya Pradesh
(B) Manipur
(C) Rajasthan
(D) Nagaland
42. According to 2001 census, per 1000 male female number is—
(A) 939
(B) 959
(C) 933
(D) 927
43. Under Prime Minister's Integrated Urban Poverty Eradication Programme (PMIUPEP) those
urban areas were included which had a population—
(A) Upto 50,000
(B) Between 50,000 and 1 Lakh
(C) Between 50,000 to 5 Lakh
(D) None of these
44. The Nobel Prize for Economics in 2007 was given to—
(A) Thomas C. Schelling and Robert J. Aumann
(B) George A. Akerlof, Michael Spence & Joseph E. Stiglitz
(C) James Huckman and Denial Macfadan
(D) Leonid Hurwicz, Eric Maskin and Roger Myerson
45. To which state Nano Car product has been shifted from West Bengal ?
(A) Andhra Pradesh
(B) Karnataka
(C) Gujarat
(D) Haryana
46. Nobel Prize of Economics for the year 2006 was given to—
(A) Milton Friedman
(B) Edmund Phelps
(C) Thomas C. Schellings
(D) Finn Kydland
47. SJSRY belongs to—
(A) Urban areas
(B) Rural areas
(C) Semi-urban areas
(D) All of these
48. What is 'Hawala' ?
(A) Full details of a subject
(B) Illegal transactions of foreign exchange
(C) Illegal trading of shares
(D) Tax evasion
49. Which plan was suspended one year before the time schedule ?
(A) First Plan (1951–56)
(B) Third Plan (1966–71)
(C) Sixth Plan (1980–85)
(D) Fifth Plan (1974–79)
50. Which pair is not correct ?
(A) I Plan (1951–56)
(B) III Plan (1966–71)
(C) VI Plan (1980–85)
(D) X Plan (2002–2007)
Answers :
1. (B) 2. (A) 3. (A) 4. (B) 5. (A) 6. (D) 7. (D) 8. (C) 9. (C) 10. (C)
11. (A) 12. (B) 13. (A) 14. (B) 15. (D) 16. (B) 17. (C) 18. (D) 19. (B) 20. (C)
21. (B) 22. (C) 23. (A) 24. (B) 25. (B) 26. (A) 27. (D) 28. (A) 29. (C) 30. (B)
31. (C) 32. (B) 33. (C) 34. (D) 35. (A) 36. (C) 37. (C) 38. (C) 39. (A) 40. (A)
41. (D) 42. (C) 43. (B) 44. (D) 45. (C) 46. (B) 47. (A) 48. (B) 49. (D) 50. (B)
PART - 5
1. CAPART is related with—
(A) Assisting and evaluating rural welfare programmes
(B) Computer hardware
(C) Consultant service of export promotion
(D) Controlling pollution in big industries
2. Note issuing deptt. of RBI should always possess the minimum gold stock of worth—
(A) Rs. 85 crore
(B) Rs. 115 crore
(C) Rs. 200 crore
(D) None of these
3. Which of the following does not grant any tax rebate ?
(A) National Saving Certificate
(B) Indira Vikas Patra
(C) National Saving Scheme
(D) Public Provident Fund
4. Ad hoc Treasury Bill System of meeting budget deficit in India was abolished on—
(A) 31 March, 1997
(B) 31 March, 1996
(C) 1 April, 1992
(D) 1 April, 1995
5. SEBI was established in—
(A) 1993
(B) 1992
(C) 1988
(D) 1990
6. The working of SEBI includes—
(A) To regulate the dealings of share market
(B) To check the foul dealings in share market
(C) To control the inside trading of shares
(D) All of these
7. The 'Ad hoc Treasury Bill System' of meeting budget deficit in India was replaced by 'Ways and Means Advances System' which has come into force on—
(A) March 31, 1997
(B) April 1, 1996
(C) April 1, 1997
(D) None of these
8. As per the latest data released by Internet Governance Forum (IGF), India stands at……place
in the list of largest internet users in the world.
(A) Second
(B) Fourth
(C) Sixth
(D) Tenth
9. As per the latest report of CCS (Centre for Civil Society), India holds…… rank in the world for having economic freedom in the economy.
(A) 56th
(B) 65th
(C) 70th
(D) 77th
10. Which statement of the following is true for IMF ?
(A) It is not an agency of UNO
(B) It can grant loan to any country of the world
(C) It can grant loan to state Govt. of a country
(D) It grants loan only to member nations
11. World Economic Forum has released its first Financial Development Report which places India at……rank on the basis of financial development in the economy.
(A) 28th
(B) 31st
(C) 33rd
(D) 36th
12. Which of the following is public sector organisation ?
(1) FCI Food Corporation of India
(2) FCI Fertilizer Corporation of India
(3) Cotton Corporation of India
(4) Jute Corporation of India
(A) Only 1 and 2
(B) Only 2, 3
(C) Only 3, 4
(D) All of these
13. Which day has been declared as 'Balika Diwas' (Girl Day) by the Ministry of Woman and Children Development ?
(A) April 5, every year
(B) July 9, every year
(C) October 9, every year
(D) December 9, every year
14. For RIDF-XV, allocation in Interim Union Budget 2009-10 was—
(A) Rs. 4500 crore
(B) Rs. 5500 crore
(C) Rs. 12000 crore
(D) Rs. 14000 crore
15. The birth rate and death rate for the year 2006 have been estimated as—
(A) 26·2 and 8·1 per thousand respectively
(B) 24·8 and 8·0 per thousand respectively
(C) 23·8 and 7·6 per thousand respectively
(D) 23·5 and 7·5 per thousand respectively
16. Central Issue price of foodgrains under TPDS includes price for BPL and APL (below poverty
line and above poverty line).
What is the difference between the two ?
(A) Price for APL is double of BPL price
(B) Price for BPL is one-third of APL price
(C) Difference of Rs. 500 per Qt.
(D) Difference of Rs. 250 per Qt.
17. What growth target government has estimated for the domestic crude production for the 11th
Plan (2007–12) ?
(A) 42%
(B) 33%
(C) 29%
(D) 26%
18. Rural women can avail the benefit of Mahila Samriddhi Yojana if they open their account in—
(A) Rural Post Offices
(B) Commercial Banks
(C) Rural Development Bank
(D) Any of the above
19. The rate at which banks lend to RBI is known as—
(A) Bank Rate
(B) Repo Rate
(C) Reverse Repo Rate
(D) Interest Rate
20. Which of the following has been declared 'company of the year' in Economic Times Corporate
Exellence Awards 2007-08 ?
(A) Reliance Industries
(B) Hindustan Lever
(C) Tata Steels
(D) Ranbaxy
21. Mistry Committee in its final report recommends full capital account convertibility by—
(A) 2008 end
(B) 2009 end
(C) 2010 end
(D) 2011 end
22. Which committee recommended tax on Agriculture Holdings ?
(A) Bhootlingam Committee
(B) Wanchoo Committee
(C) Raj Committee
(D) None of these
23. In its fiscal stimulus package to minimise the impact of depression on the economy, the government has reduced CENVAT rate from 14% to—
(A) 12%
(B) 10%
(C) 8%
(D) No change
24. The cause of deflation is—
(A) Lack of goods and services as compared to money supply
(B) Lack of imports as compared to exports
(C) Lack of money supply as compared to supply of goods and services
(D) None of these
25. Which of the following is a better measure of economic development ?
(A) Employment
(B) Size of exports
(C) Rural consumption
(D) National Income
26. Which bank in India performs duties of Central Bank ?
(A) Central Bank of India
(B) State Bank of India
(C) Reserve Bank of India
(D) Above (A) and (B)
27. Pradhanmantri Bharat Jodo Pariyojana is related to—
(A) Communication
(B) Social Integration
(C) Linking of Rivers
(D) Development of Highways
28. 'India Brand Equity Fund' was established in—
(A) 1996
(B) 1997
(C) 1995
(D) 1992
29. Mixed Economy means—
(A) Co-existence of small and large industries
(B) Promoting both Agriculture and Industries in the economy
(C) Co-existence of public and private sectors
(D) Co-existence of rich and poor
30. Ministry of HRD has announced to hike FDI limit in Education to—
(A) 65%
(B) 70%
(C) 75%
(D) 100%
31. 'Pure Banking, Nothing Else' is a slogan raised by—
(A) ICICI Bank
(B) HDFC Bank
(C) SBI
(D) UTI Bank
32. Nobel Prize for Economics (2008) has been given to—
(A) Martti Ahtisaari
(B) Paul Krugman
(C) Makoto Kobayashi
(D) Luc Montagnier
33. Indian State having the lowest Infant Mortality Rate is—
(A) Maharashtra
(B) Goa
(C) Gujarat
(D) Kerala
34. 'Smart Money' is a term used for—
(A) Internet Banking
(B) Credit Card
(C) Cash with Bank
(D) Cash with Public
35. Which of the following has the maximum share in GSM Mobile Phone Service Market ?
(A) Vodafone (earlier Hutch)
(B) Airtel
(C) BSNL
(D) Reliance
36. The main objective of TRYSEM was—
(A) To train rural youth for self employment
(B) To train urban youth for self employment
(C) Both of the above
(D) None of these
37. The establishment of IORARC (Indian Ocean Rim Association for Regional Cooperation) was
officially declared on—
(A) March 5, 1996
(B) March 5, 1997
(C) April 1, 1997
(D) August 15, 1947
38. Inside Trading is related to—
(A) Share Market
(B) Horse racing
(C) Taxation
(D) Public Expenditure
39. The largest source of National Income in India is—
(A) Service Sector
(B) Agriculture
(C) Industrial Sector
(D) Trade Sector
40. 'Public Sector' means—
(A) Government ownership on commerce and trade
(B) Capitalist ownership on commerce and trade
(C) Private ownership on trade
(D) None of these
41. NABARD is—
(A) A bank
(B) A board
(C) A block
(D) A department
42. Indian Green Revolution is the most successful in—
(A) Wheat and Potato
(B) Jwar and Oil Seeds
(C) Wheat and Rice
(D) Tea and Coffee
43. The period of 10th plan in India was—
(A) 2000–2005
(B) 2001–2006
(C) 2002–2007
(D) 2003–2008
44. Economic Planning is in—
(A) Union list
(B) State list
(C) Concurrent list
(D) Not any specified list
45. Which Indian State has adopted the concept of 5 days-week on the lines of Central Government ?
(A) Uttar Pradesh
(B) Rajasthan
(C) Tamil Nadu
(D) Kerala
46. The Oil Refinery established at Panipat belongs to—
(A) Public Sector
(B) Private Sector
(C) Joint Sector
(D) Cooperative Sector
47. 12th Finance Commission has recommended to merge and determine one single interest rate
on various outstanding central loans to states having different interest rates. What is this recommended interest rate ?
(A) 7·0%
(B) 7·5%
(C) 8·0%
(D) 8·5%
48. MRTP is related to—
(A) Monopoly and trade restrictions
(B) Inflation control
(C) Transport control
(D) Foreign Exchange Regulations
49. Interest Rate Policy is a part of—
(A) Fiscal Policy
(B) Industrial Policy
(C) Monetary Policy
(D) None of these
50. The basis of determining dearness allowance to employees in India is—
(A) National Income
(B) Consumer Price Index
(C) Standard of Living
(D) Per Capita Income
Answers :
1. (A) 2. (B) 3. (B) 4. (A) 5. (C) 6. (D) 7. (C) 8. (B) 9. (D) 10. (D)
11. (B) 12. (D) 13. (D) 14. (D) 15. (D) 16. (A) 17. (D) 18. (A) 19. (C) 20. (C)
21. (A) 22. (D) 23. (B) 24. (C) 25. (D) 26. (C) 27. (D) 28. (A) 29. (C) 30. (D)
31. (C) 32. (B) 33. (D) 34. (B) 35. (B) 36. (A) 37. (B) 38. (A) 39. (A) 40. (A)
41. (A) 42. (C) 93. (C) 94. (C) 95. (B) 46. (A) 97. (B) 98. (A) 99. (C) 50. (B)
--
with warm regards
Harish Sati
Fortune Institute of International Business
Plot no. 5, Vasant Gaon, Rao Tula Ram Marg
Opp. R.R. Army Hospitial, New Delhi- 110057
Mobile No:- 09990646343
E-mail:- Harish.sati@gmail.com
(A) Assisting and evaluating rural welfare programmes
(B) Computer hardware
(C) Consultant service of export promotion
(D) Controlling pollution in big industries
2. Note issuing deptt. of RBI should always possess the minimum gold stock of worth—
(A) Rs. 85 crore
(B) Rs. 115 crore
(C) Rs. 200 crore
(D) None of these
3. Which of the following does not grant any tax rebate ?
(A) National Saving Certificate
(B) Indira Vikas Patra
(C) National Saving Scheme
(D) Public Provident Fund
4. Ad hoc Treasury Bill System of meeting budget deficit in India was abolished on—
(A) 31 March, 1997
(B) 31 March, 1996
(C) 1 April, 1992
(D) 1 April, 1995
5. SEBI was established in—
(A) 1993
(B) 1992
(C) 1988
(D) 1990
6. The working of SEBI includes—
(A) To regulate the dealings of share market
(B) To check the foul dealings in share market
(C) To control the inside trading of shares
(D) All of these
7. The 'Ad hoc Treasury Bill System' of meeting budget deficit in India was replaced by 'Ways and Means Advances System' which has come into force on—
(A) March 31, 1997
(B) April 1, 1996
(C) April 1, 1997
(D) None of these
8. As per the latest data released by Internet Governance Forum (IGF), India stands at……place
in the list of largest internet users in the world.
(A) Second
(B) Fourth
(C) Sixth
(D) Tenth
9. As per the latest report of CCS (Centre for Civil Society), India holds…… rank in the world for having economic freedom in the economy.
(A) 56th
(B) 65th
(C) 70th
(D) 77th
10. Which statement of the following is true for IMF ?
(A) It is not an agency of UNO
(B) It can grant loan to any country of the world
(C) It can grant loan to state Govt. of a country
(D) It grants loan only to member nations
11. World Economic Forum has released its first Financial Development Report which places India at……rank on the basis of financial development in the economy.
(A) 28th
(B) 31st
(C) 33rd
(D) 36th
12. Which of the following is public sector organisation ?
(1) FCI Food Corporation of India
(2) FCI Fertilizer Corporation of India
(3) Cotton Corporation of India
(4) Jute Corporation of India
(A) Only 1 and 2
(B) Only 2, 3
(C) Only 3, 4
(D) All of these
13. Which day has been declared as 'Balika Diwas' (Girl Day) by the Ministry of Woman and Children Development ?
(A) April 5, every year
(B) July 9, every year
(C) October 9, every year
(D) December 9, every year
14. For RIDF-XV, allocation in Interim Union Budget 2009-10 was—
(A) Rs. 4500 crore
(B) Rs. 5500 crore
(C) Rs. 12000 crore
(D) Rs. 14000 crore
15. The birth rate and death rate for the year 2006 have been estimated as—
(A) 26·2 and 8·1 per thousand respectively
(B) 24·8 and 8·0 per thousand respectively
(C) 23·8 and 7·6 per thousand respectively
(D) 23·5 and 7·5 per thousand respectively
16. Central Issue price of foodgrains under TPDS includes price for BPL and APL (below poverty
line and above poverty line).
What is the difference between the two ?
(A) Price for APL is double of BPL price
(B) Price for BPL is one-third of APL price
(C) Difference of Rs. 500 per Qt.
(D) Difference of Rs. 250 per Qt.
17. What growth target government has estimated for the domestic crude production for the 11th
Plan (2007–12) ?
(A) 42%
(B) 33%
(C) 29%
(D) 26%
18. Rural women can avail the benefit of Mahila Samriddhi Yojana if they open their account in—
(A) Rural Post Offices
(B) Commercial Banks
(C) Rural Development Bank
(D) Any of the above
19. The rate at which banks lend to RBI is known as—
(A) Bank Rate
(B) Repo Rate
(C) Reverse Repo Rate
(D) Interest Rate
20. Which of the following has been declared 'company of the year' in Economic Times Corporate
Exellence Awards 2007-08 ?
(A) Reliance Industries
(B) Hindustan Lever
(C) Tata Steels
(D) Ranbaxy
21. Mistry Committee in its final report recommends full capital account convertibility by—
(A) 2008 end
(B) 2009 end
(C) 2010 end
(D) 2011 end
22. Which committee recommended tax on Agriculture Holdings ?
(A) Bhootlingam Committee
(B) Wanchoo Committee
(C) Raj Committee
(D) None of these
23. In its fiscal stimulus package to minimise the impact of depression on the economy, the government has reduced CENVAT rate from 14% to—
(A) 12%
(B) 10%
(C) 8%
(D) No change
24. The cause of deflation is—
(A) Lack of goods and services as compared to money supply
(B) Lack of imports as compared to exports
(C) Lack of money supply as compared to supply of goods and services
(D) None of these
25. Which of the following is a better measure of economic development ?
(A) Employment
(B) Size of exports
(C) Rural consumption
(D) National Income
26. Which bank in India performs duties of Central Bank ?
(A) Central Bank of India
(B) State Bank of India
(C) Reserve Bank of India
(D) Above (A) and (B)
27. Pradhanmantri Bharat Jodo Pariyojana is related to—
(A) Communication
(B) Social Integration
(C) Linking of Rivers
(D) Development of Highways
28. 'India Brand Equity Fund' was established in—
(A) 1996
(B) 1997
(C) 1995
(D) 1992
29. Mixed Economy means—
(A) Co-existence of small and large industries
(B) Promoting both Agriculture and Industries in the economy
(C) Co-existence of public and private sectors
(D) Co-existence of rich and poor
30. Ministry of HRD has announced to hike FDI limit in Education to—
(A) 65%
(B) 70%
(C) 75%
(D) 100%
31. 'Pure Banking, Nothing Else' is a slogan raised by—
(A) ICICI Bank
(B) HDFC Bank
(C) SBI
(D) UTI Bank
32. Nobel Prize for Economics (2008) has been given to—
(A) Martti Ahtisaari
(B) Paul Krugman
(C) Makoto Kobayashi
(D) Luc Montagnier
33. Indian State having the lowest Infant Mortality Rate is—
(A) Maharashtra
(B) Goa
(C) Gujarat
(D) Kerala
34. 'Smart Money' is a term used for—
(A) Internet Banking
(B) Credit Card
(C) Cash with Bank
(D) Cash with Public
35. Which of the following has the maximum share in GSM Mobile Phone Service Market ?
(A) Vodafone (earlier Hutch)
(B) Airtel
(C) BSNL
(D) Reliance
36. The main objective of TRYSEM was—
(A) To train rural youth for self employment
(B) To train urban youth for self employment
(C) Both of the above
(D) None of these
37. The establishment of IORARC (Indian Ocean Rim Association for Regional Cooperation) was
officially declared on—
(A) March 5, 1996
(B) March 5, 1997
(C) April 1, 1997
(D) August 15, 1947
38. Inside Trading is related to—
(A) Share Market
(B) Horse racing
(C) Taxation
(D) Public Expenditure
39. The largest source of National Income in India is—
(A) Service Sector
(B) Agriculture
(C) Industrial Sector
(D) Trade Sector
40. 'Public Sector' means—
(A) Government ownership on commerce and trade
(B) Capitalist ownership on commerce and trade
(C) Private ownership on trade
(D) None of these
41. NABARD is—
(A) A bank
(B) A board
(C) A block
(D) A department
42. Indian Green Revolution is the most successful in—
(A) Wheat and Potato
(B) Jwar and Oil Seeds
(C) Wheat and Rice
(D) Tea and Coffee
43. The period of 10th plan in India was—
(A) 2000–2005
(B) 2001–2006
(C) 2002–2007
(D) 2003–2008
44. Economic Planning is in—
(A) Union list
(B) State list
(C) Concurrent list
(D) Not any specified list
45. Which Indian State has adopted the concept of 5 days-week on the lines of Central Government ?
(A) Uttar Pradesh
(B) Rajasthan
(C) Tamil Nadu
(D) Kerala
46. The Oil Refinery established at Panipat belongs to—
(A) Public Sector
(B) Private Sector
(C) Joint Sector
(D) Cooperative Sector
47. 12th Finance Commission has recommended to merge and determine one single interest rate
on various outstanding central loans to states having different interest rates. What is this recommended interest rate ?
(A) 7·0%
(B) 7·5%
(C) 8·0%
(D) 8·5%
48. MRTP is related to—
(A) Monopoly and trade restrictions
(B) Inflation control
(C) Transport control
(D) Foreign Exchange Regulations
49. Interest Rate Policy is a part of—
(A) Fiscal Policy
(B) Industrial Policy
(C) Monetary Policy
(D) None of these
50. The basis of determining dearness allowance to employees in India is—
(A) National Income
(B) Consumer Price Index
(C) Standard of Living
(D) Per Capita Income
Answers :
1. (A) 2. (B) 3. (B) 4. (A) 5. (C) 6. (D) 7. (C) 8. (B) 9. (D) 10. (D)
11. (B) 12. (D) 13. (D) 14. (D) 15. (D) 16. (A) 17. (D) 18. (A) 19. (C) 20. (C)
21. (A) 22. (D) 23. (B) 24. (C) 25. (D) 26. (C) 27. (D) 28. (A) 29. (C) 30. (D)
31. (C) 32. (B) 33. (D) 34. (B) 35. (B) 36. (A) 37. (B) 38. (A) 39. (A) 40. (A)
41. (A) 42. (C) 93. (C) 94. (C) 95. (B) 46. (A) 97. (B) 98. (A) 99. (C) 50. (B)
--
with warm regards
Harish Sati
Fortune Institute of International Business
Plot no. 5, Vasant Gaon, Rao Tula Ram Marg
Opp. R.R. Army Hospitial, New Delhi- 110057
Mobile No:- 09990646343
E-mail:- Harish.sati@gmail.com
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