1] Consider the following statements :
(1)The Indian government on revised the country's economic growth rate for 2010-11 financial year slightly down to 8.4 per cent from the earlier estimate of 8.5 per cent.
(2)The major source of growth in the GDP has been from the services sector which has grown at the rate of 9.3 per cent.
(3)The agriculture sector growth has also been impressive at 7 per cent during the year 2010-11.
(4)The growth of secondary sector, which includes manufacturing and construction sector, stood at 7.2 per cent in 2010-11.
2]. Consider the following statements :
a) The repo rate is the rate which other banks borrow from reserve Bank of India.
b). Manufacturing grew by 7.6 per cent in 2010-11 compared to a growth of 9.7 per cent in 2009-10.
Which of the following statements given above is / are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
3]. Basel II relates to which one of the following?
a). International standard for safety in civil aviation
b). Measure against cyber crimes
c). Measure against drug abuse by sport person
d). International Standards for measuring the adequacy of Bank’s capital.
4].As per the economic Survey of India 2010-11, the production of food grains is estimated at over 232 million tonnes with record production of which food crop?
a. Rice
b. Wheat
c. Bajra
d. Maize
5]. Which of the following was not proposed in the Union Budget 2011-12 presented by pranab Mukherjee?
a. Special vehicles were proposed to be created in the form of Infrastructure Debt Funds to attract foreign funds.
b. Rs. 300 crore expenditure was proposed to promote horticulture centres in rain fed areas for increasing crop productivity.
c. For the manufacturing sector, the budget proposed reduction of basic customs duty on raw silk from 30 to 5 per cent.
d. Concessional 10 per cent Excise Duty was also proposed for fuel cell or Hydrogen cell-technology-based vehicles.
6]. Rashtriya Swasthya Bima Yojana was proposed to be being extended to the beneficiaries of which of the following Union Government schemes?
a. Mahatma Gandhi NREGA beneficiaries
b. Beneficiaries of Swavlamban pension scheme
c. Indira Gandhi National old Age Pension scheme beneficiaries
d.Beneficiaries of Rajiv Gandhi Grameen Vidyutikaran Yojana
7].The electrical energy requirement of railways is growing rapidly with the expansion of the rail infrastructure and traffic. Considering the rising demand the Ministry of Railways proposed to set up 700 MW power plant at Thakurli in Maharashtra. The power plant is proposed to be based on what form of energy?
a. gas-based
b. coal-based
c. solar power
d. nuclear energy based
8]. To enhance credit worthiness of economically weaker sections and LIG households, a Mortgage Risk Guarantee Fund was announced to be created under which of the following scheme or Yojana?
a. Rajiv Awas Yojana
b. Rajiv Gandhi Grameen Vidyutikaran Yojana
c. Indira Awas Yojana
d. Mahatama Gandhi NREGA
9]. India has-
(a) Socialistic Economy (b) Gandhian Economy
(c) Mixed Economy (d) Free Economy
10]. Who wrote the book "Planned Economy for India" ?
(a) M. Visvesvarayya (b) Sardar Patel
(c) Jawaharlal Nehru (d) Mahatma Gandhi
11]. Which of the following is not a direct tax ?
(a) Wealth tax (b) Sales tax
(c) Income tax (d) Estate duty
12]. Companies pay corporation tax on their-
(a) investment (b) production
(c) sales proceeds (d) incomes
13]. When was the decimal system of currency introduced in India ?
(a) 1948 (b) 1950
(c) 1954 (d) 1957
14].Who among the following is the chairman of the Planning Commission ?
(a) President (b) Speaker of Lok Sabha
(c) Prime Minister (d) Union Minister of Planning
15]. In which year was the Rolling Plan introduced ?
(a) 1951-52 (b) 1976-77
(c) 1978-79 (d) 1984-85
16]. Narasimhan report relates to the restructuring of-
(a) Sick industries (b) Sales
(c) Income Tax (d) Banks '
17]. Consider the following statements :
a).Navratna was the title given originally to nine Public Sector Enterprises (PSEs) identified by the Government of India in 1997 as "public sector companies that have comparative advantages", giving them greater autonomy to compete in the global market so as to "support [them] in their drive to become global giants".
b). The number of PSEs having Navratna status has been raised to 18,the most recent addition being Oil India Limited.
Which of the following statements given above is / are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
18]. Consider the following statements :
a) In 2009, the government established the Maharatna status, which raises a company's investment ceiling from Rs. 1,000 crore to Rs. 5,000 crore.
b)The Maharatna firms can now decide on investments of up to 15 per cent of their net worth in a project; the Navaratna companies could invest up to Rs 1,000 crore without explicit government approval.
Which of the following statements given above is / are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
19]. Consider the following statements :
a) India's service industry accounts for 57.2% of the country's GDP while the industrial and agricultural sectors contribute 28.6% and 14.6% respectively.
b)Agriculture is the predominant occupation in Rural India, accounting for about 62% of employment.
Which of the following statements given above is / are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
20]. Consider the following statements :
a) The International Monetary Fund is an international organization that was conceived on July 22, 1944 originally with 45 members and came into existence on December 27, 1945 when 29 countries signed the agreement.
b)The United Nations Conference on Trade and Development was established in 1964 as a permanent intergovernmental body. It is the principal organ of the United Nations General Assembly dealing with trade, investment, and development issues.
Which of the following statements given above is / are correct?
a). 1 only b). 2 only
c). Both 1 or 2 c). Neither 1 or 2
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