1]. Consider the following statements :
1). The Gopinath committee recommended that interest rates for Post Office savings deposits be raised to 4 per cent from 3.5 per cent at present.
2). It went on to suggest that Kisan Vikas Patra (KVP) be withdrawn.
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
2]. Consider the following statements :
1). The Indian economy grew 8.5%, in 2010-11, higher than the previous estimate of 8.4%, on the back of strong farm sector and services sector growth.
2). C R Sundaramurti Committee submitted its report. The report suggested a complete overhaul of government accounting norms in order to enforce transparency and better monitor public spending
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
3]. Consider the following statements :
1). India ranks a low 134 among 187 countries in terms of the human development index (HDI),2011.
2). India's ranking in 2010(HDI) was 134 out of 169 countries.
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
4]. The Agriculture Ministry on 20 October 2011 proposed a hike of Rs 115 per quintal in the minimum support price (MSP) of wheat to what sum per quintal to cover rising farm input cost and encourage farmers to increase acreage?
(a) Rs 1251 per quintal
(b) Rs 1293 per quintal
(c) Rs 1285 per quintal
(d) Rs 1233 per quintal
5]. Which one of the following became the first state in India to offer Air taxi services?
(a) Bihar
(b) Madhya Pradesh
(c) Kerala
(d) Haryana
6]. Consider the following statements :
1). As of 2010, it is estimated that 2.39 million people currently live with HIV in India.
2). UNDP works closely with the National AIDS Control Programme of India to aid the expansion of the programme of People Living with HIV (PLHIV).
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
7]. Consider the following statements :
1). The GATT was the only multilateral instrument governing international trade from 1947 until the WTO was established in 1995.
2). The WTO is currently the host to new negotiations, under the ‘Doha Development Agenda’ launched in 2001.
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
8]. The eleventh plan has the following objectives:which of the statements is/are correct?
1). encrease agricultural GDP growth rate to 4% per year to ensure a broader spread of benefits
2). Create 70 million new work opportunities.
3)Reduce infant mortality rate to 28 and maternal mortality ratio to 10 per 1000 live births.
a). 1 only b). 2 and 3 only
c). all c). 1 and 2 only
9]. The eleventh plan has the following objectives:which of the statements is/are correct?
1). Reduce Total Fertility Rate to 2.1
2). Reduce anaemia among women and girls by 50% by the end of the plan.
3)Raise the sex ratio for age group 0-6 to 935 by 2011-12 and to 950 by 2016-17.
a). 1 only b). 2 and 3 only
c). all c). 1 and 2 only
10]. Consider the following statements :
1).In First Five-Year Plan, The target growth rate was 2.1% annual gross domestic product (GDP) growth; the achieved growth rate was 3.6%.
2).Many irrigation projects were initiated during first five year plan, including the Bhakra Dam and Hirakud Dam.
3)Steel mills at Bhilai, Durgapur, and Rourkela were established during first five year plan.
which of the statements is/are correct?
a). 1 only b). 2 and 3 only
c). all c). 1 and 2 only
11]. Consider the following statements :
1). CAPART was formed by amalgamating two agencies the 'Council for Advancementof Rural Technology' (CART) and People's Action for Development India (PADI).
2). CAPART is an autonomous body registered under the Societies Registration Act 1860,and is functioning under the aegis of the Ministry of Rural Development, Government of India.
which of the statements is/are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
11]. Consider the following statements :
1). A Self- Help Group (SHG) may generally consist of 40-50 persons.
2). Under the SGSY, assistance is given to the poor families living below the poverty line in rural areas for taking up self employment.
which of the statements is/are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
11]. Consider the following statements :
1). National Highways Development Project (NHDP) is the largest highway project ever taken in the country. The NHDP is being implemented by National Highways Authority of India. (NHAI)
2). The Border Road Organisation also developed the road infrastructure in Bihar, Maharashtra, Karnataka, Rajasthan, Andhra Pradesh, Andaman and Nicobar Islands, Uttarkhand and Chattisgarh.
which of the statements is/are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
12]. Consider the following statements :
1).The Finance Commission of India came into existence in 1951. It was established under Article 280 of the Indian Constitution by the President of India.
2).Its function: Distribution of net proceeds of taxes between Centre and the States, to be divided as per their respective contributions to the taxes.
3)The Government must cut its fiscal deficit to 5% of the GDP by the end of fiscal year 2013-14 and eliminate its revenue deficit in 2014-15, according to the key recommendations of the 13th Finance Commission.
which of the statements is/are correct?
a). 1 only b). 2 and 3 only
c). all c). 1 and 2 only
13]. Consider the following statements :
1). Air India has the second largest share in India's domestic air travel market, behind Jet Airways.
2). Air India Express is a low-cost airline subsidiary of Air India, operating mainly from Indian state of Kerala.
which of the statements is/are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
14]. Consider the following statements :
1). The Agricultural and Processed Food products Export Development Authority (APEDA) is an export promotion organization under Ministry of Agriculture.
2). FDIs do not only provide an foreign capital and funds, but also provides domestic countries with an exchange of skill sets, information and expertise, job opportunities and improved productivity levels.
which of the statements is/are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
15] Gilt-edged market means
A. bullion market
B. market of government securities
C. market of guns
D. market of pure metals
16] In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
A. Chemicals other than fertilizers
B. Services sector
C. Food processing
D. Telecommunication
17] Devaluation of a currency means:
A. reduction in the value of a currency vis-a-vis major internationally traded currencies.
B. permitting the currency to seek its worth in the international market.
C.fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies.
D.fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners.
18] Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves
1)interest payments
2)subsidies
3)defence
4)irrigation
A. 1,2
B. 1
C. 1,2,3
D. 2,3,4
19] On July 12, 1982, the ARDC was merged into
A. RBI
B. NABARD
C. EXIM Bank
D. None of the above
20] If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
A. increase it
B. decrease it
C. no impact
D. None of the above
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