1. The data included in the release were based on Basic Statistical Return (BSR)-10 received from all scheduled commercial banks (excluding RRBs)
2. The number of banked centres of Scheduled Commercial banks stood at 35,435. 27,913 of these centres were single office centres and 68 centres had 100 or more bank offices
3. State Bank of India and its Associates accounted for 21.8 per cent of the aggregate deposits
4. the credit-deposit (C-D) ratio of All Scheduled Commercial Banks (SCBs) at all India level as on 30 September 2011 stood at 74.4 per cent
a. Only 1
b. 2 & 3
c. Only 4
d. 3 & 4
Answer: (a)
2. India's exports grew by what per cent in February 2012 to USD 24.6 billion marking the slowest growth in three months?
a. 3%
b. 4.2%
c. 3.7%
d. 5.1%
Answer: (b)
3. As per the Ernst & Young’s quarterly Rapid Growth Markets Forecast (RGMF), India is likely to grow at what per cent in calendar year (CY) 2012?
a. 7%
b. 7.5%
c. 6.1%
d. 6.6%
Answer: (c)
4. Reserve Bank of India on 3 April 2012 tightened the reporting requirements of the banks to monitor gold import. Consider the statements given below and which of the following is true?
1. As per the directions issued, banks will have to submit a monthly statement informing the central bank about the quantity of gold imported as well as the mode of payment adopted
2. The directive was issued amidst concerns of huge outflow of foreign exchange on import of gold which is believed to be putting pressure on the India's current account deficit (CAD).
a. Only 1
b. Only 2
c. Both 1 & 2
d. None of the above
Answer: (c)
5. Which body on 31 March 2012 issued broad guidelines on Algorithmic Trading. Based on recommendations of technical advisory committee (TAC) and secondary market advisory committee (SMAC)?
a. IRDA
b. RBI
c. ASSOCHAM
d. SEBI
Answer: (d)
6. India recently signed an agreement on technology transfer with____ .
(1) Egypt
(2) Oman
(3) Sudan
(4) United Arab Emirates
7. How many pacts did India sign with China during Chinese Premier Wen Jiabao’s visit to India?
(1) Six Pacts
(2) Seven Pacts
(3) Ten Pacts
(4) Nine Pacts
8. Civil Aviation Ministry has declared to celebrate its Centenary Year during____ .
(1) 2010-11
(2) 2011-12
(3) 2012-13
(4) 2011
9. India has became a part of $ 10 billion Gas pipeline project, the project is backed by-
(1) Russia
(2) U. S. A.
(3) England
(4) Japan
10. The Union Government has recently Project-15 B which is related to-
(1) Defence Programme
(2) Social Programme
(3) Initiating Dialogue with J & K separatists
(4) Telangana Issue
11. Government has declared to stop the circulation of 25 paise coin w.e.f.-
(1) April 1, 2011
(2) June 1, 2011
(3) June 30, 2011
(4) September 30, 2011
12. Srikrishna Committee recently submitted its report on-
(1) Telangana Issue
(2) Tax Reforms
(3) Kashmir Problem
(4) Naxal Issue
13. Indian Army’s Operation Saiyam (patience) was related to-
(1) Kashmir
(2) Scrap Ammunition
(3) North East
(4) None of the above
INTERNATIONAL
14. Taliban militants on ____ shot dead Pakistan’s only Christian government minister for challenging a law that mandates the death penalty for insulting Islam.
(1) 2 March, 2011
(2) 3 March, 2011
(3) 5 March, 2011
(4) 10 March, 2011
15. Nobel laureate Mohammed Yonus, a celebrated pioneer of macro-finance was on ____ forced out from the Grameen Bank (Bangladesh).
(1) 1 March, 2011
(2) 2 March, 2011
(3) 3 March, 2011
(4) 5 March, 2011
16. Which country’s strongman Muammar Gaddafi vowed 2 March, 2011 to fight an uprising against his 41 year rule to “the last man, the last woman”?
(1) Libya
(2) Kenya
(3) Egypt
(4) Tunisia
17. Consider the following statements:
(a) The Gallup world happiness survey ranks Denmark as the happiest nation.
(b) India at 115 out of 155 countries
(c) China at 125 out of 155 countries.
(d) Pakistan at 58 out of 155 countries.
(e) Finland at 2nd and Norway at 3rd.
Which of the above statements are true?
(1) Only (a) and (e)
(2) Only (b) and (c)
(3) Only (c) and (d)
(4) All of the above
18. Consider the following statements:
(a) Muammar Gaddafi came to power in a bloodless military coup in 1959 when the toppled king Idris.
(b) Once called the “Mad dog of the Middle East”.
(c) Libya’s often flamboyantly dressed ruler. Has held power for 42 years.
(d) Tripoli is the capital of Libya.
Which of the statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c) and (d)
(4) All of the above.
19. World’s tallest building is-
(1) Effie Tower
(2) Burj Khalifa
(3) Statue of Liberty
(4) Qutab Minar
20. The 16th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) recently concluded in-
(1) New Delhi
(2) Cancun
(3) New York
(4) Osaka
21. ‘Nomadic Elephant’ was the joint military exercise recently held in India between India and-
(1) Malaysia
(2) Mongolia
(3) Indonesia
(4) Sri Lanka
22. Which country has emerged as the top Migrant Destination Country?
(1) U .S .A
(2)Russia
(3) Japan
(4) Australia
23. The third summit of BRIC is scheduled to be organized in China in-
(1) April 2011
(2) May 2011
(3) June 2011
(4) July 2011
24. Which of the following economy has been rated as the freest economy in the world for the 17th consecutive year?
(1) Singapore
(2) Hong Kong
(3) United States
(4) South Korea
25. As per UNO’s declaration, the year 2011 is being celebrated as International Year of –
(1) Youth
(2) Women Empowerment
(3) Forests
(4) Global Economic Co-operation
STATE
26. A ____ court’s decision to award death to 11 of the 31 convicts in the Godhra Case bound to trigger a debate on the desirability of capital punishment.
(1) bihar
(2) Rajasthan
(3) Gujarat
(4) Maharashtra
27. Vasundhra Raje was elected unopposed as the leader of the BJP Legislature party of Rajasthan on ____ .
(1) 26 February, 2011
(2) 27 February. 2011
(3) 28 February, 2011
(4) 1 March, 2011
28. India’s first Coast Guard Academy would be set up at Azheekkal near Kannur in ____.
(1) Karnataka
(2) Goa
(3) Kerala
(4) Tamil Nadu
29. The four day Goa Carnival is celebrated on ___.
(1) 5 March, 2011 to 9 March, 2011
(2) 6 March, 2011 to 10 March, 2011
(3) 7 March, 2011 to 11 March, 2011
(4) 8 March, 2011 to 12 March, 2011
30. Who is the Chief Minister of West Bengal?
(1) Budhadev Bhatacharya
(2) Jyoti Basu
(3) Mamata Banerjee
(4) None of these
31. Who is the Chief Minister of Tamil Nadu?
(1) Jaya Lalita
(2) M. Karunanidhi
(3) Stalin
(4) Kanimoghi
IMPORTANT PERSONS, BOOK AUTHORS & AWARDS AND SO ON.
32. Who is the CMD of Indian Overseas Bank?
(1) Narendra Bhatiya
(2) M. Narendra
(3) M. Damodaran
(4) M. Piyush
33. Who is the PMEA Chairman?
(1) C. Rangarajan
(2) Chandra Kochhar
(3) C. Ranganathan
(4) C. Raman
34. Who is the MD & CEO of ICICI Bank?
(1) Chanda Chopra
(2) Chanda Kochhar
(3) Shobhana Baratiya
(4) Chanda Mathur
35. Match the List-I with List-II.
List-I (Oscar-2011 Awards)
(a) Best Actor
(b) Best Actress
(c) Best Supporting Actor
(d) Best Supporting Actress
List-II (Person)
(1) Colin Firth ‘The King’s Speech’
(2) Natalie Portman ‘Black Swan’
(3) Christian Bale
(4) Melissa Leo
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 2 3 4 1
(3) 1 4 2 3
(4) 4 3 2 1
36. Match the List-I with List-II.
List-I (Oscar-2011 Awards)
(a) Best Director
(b) Best Foreign Film director
(c) Best Motion Picture
(d) Best Foreign Film
List-II (Awardee)
(1) Tom Hooper
(2) Susanne Bier
(3) The King’s Speech
(4) A Better World
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 2 3 4 1
(3) 3 4 1 2
(4) 4 3 2 1
37. Match the List-I with List-II.
List-I (Book)
(a) From Green to Evergreen Revolution
(b)Human Rights Inhuman Wrongs
(c) The Truth about Trade
(d) Effective Public relations and Media Strategy
List-II (Writer)
(1) M .S. Swaminathan
(2) Vidya Das
(3) Clive George
(4) C .V. Narasimha
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 2 3 4 1
(3) 4 1 2 3
(4) 3 4 1 2
38. Who was the Chairman of the panel constituted to study the recommendation of National Advisory Council (NAC) on the proposed Food Security Bill?
(1) Montek Singh Ahluwaliah
(2) Pranab Mukherjee
(3) C. Rangarajan
(4) Deepak Parikh
39. S. K. Tripathy has been appointed as the new head/chief of –
(1) Central Bureau of Investigation
(2) Research and Analysis Wing.
(3) National Advisory Council
(4) None of the above
40. The author of ‘The China syndrome: Grappling with Uneasy Relationship is –
(1) Harsh V. Pant
(2) Sara Dbow
(3) Era Sezhiyan
(4) Y. V. Reddy
41. Central Excise Day is celebrated of –
(1) February 24
(2) February 28
(3) March 31
(4) April 1
42. Satyanand Mishra has been appointed as the new –
(1) Chief Information Commissioner
(2) Chief Election Commissioner
(3) Chief of Research and Analysis Wing
(4) None of the above
43. Who wrote the famous book “Global Crisis Recession and Uneven recovery” on various issues on global recession?
(1) C. Rangrajan
(2) Montek Singh Ahluwaliah
(3) Amritya Sen
(4) Y. B. Reddy
SPORTS
44. Consider the following statements about world Cup Cricket:
(a) Kevin O’Brien made World Cup history by hitting the competition’s fastest century i.e. 100 of 50 balls.
(b) Bettered Aussie Mathew Hayden’s 66-ball century in 2007 edition.
(c) Pakistan’s Shahid Afridi holds record for fastest ODI hundred ever (in 37 balls).
(d) O’ Brien’s is sixth overall.
(e) Kevin O’Brien celebrated his century in Bangalore on 2 March 2011.
Which of the above statements are true?
(1) Only (a) and (b)
(2) Only (c) and (d)
(3) Only (a) and (e)
(4) All of the above
45. Sports Minister Ajay Maken on ____ announced the programme named “Operation Excellence London 2012” to in build up to the next year’s Olympic Games with an aim to strengthen the medal winners after their record breaking performances at the recently concluded commonwealth and Asian Games.
(1) 3 March, 2011
(2) 4 March, 2011
(3) 5 March, 2011
(4) 6 March, 2011
46. Who become the first century in Xth World Cup Cricket (2011).
(1) Virender Sehwag
(2) Virat Kohli
(3) Sachin Tendulkar
(4) Andrew Strauss
47. Who is the Captain of Australia (World Cup Cricket):
(1) Ricky Ponting
(2) Mycle Clark
(3) Bret Lee
(4) None of these
48. Match the List-I with List-II.
List-I (World Cup Cricket 2011 Captain)
(a) A. Strauss
(b) Shahid Afridi
(c) S. Al Hasan
(d) G. Smith
List-II (Country)
(1) England
(2) Pakistan
(3) Bangladesh
(4) South Africa
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 3 4 1 2
(3) 3 4 2 1
(4) 4 3 2 1
49. The Mascot of World Cup Cricket (2011) is –
(1) Dumpy
(2) Stumpy
(3) Appy
(4) Buppy
50. India’s Youngest Grand Master (Chess) is –
(1) Sourav Ghosal
(2) Parimarjan Negi
(3) S.P. Sethuraman
(4) None of the above
51. The host of 2018 World Cup of Football is –
(1) Qatar
(2) Russia
(3) Japan
(4) India
52. The Winner of Ashes (series) of cricket is –
(1) England
(2) Australia
(3) Zimbabwe
(4) Kenya
SCIENCE & TECHNOLOGY
53. A _____ physicist and two USA Scientists have solved a 400-year-old mystery on the working of the Sun, offering a solution that could help predict space weather and plan space missions.
(1) Delhi
(2) Patna
(3) Kolkatta
(4) Chennai
54. Consider the following statements about National Science Day:
(a) The National Science Day is celebrated on 28 February, 2011.
(b) The day is celebrated every year to mark the discovery of Raman Effect by sir C .V. Raman in 1928, for which he was awarded the Nobel Prize.
(c) Aimed at focusing attention on India Science & Scientists and their role in India’s development.
Which of those above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
55. Aquaphobia is the term associated with –
(1) Water
(2) Land
(3) Ocean
(4) Well
56. India’s first Atomic Power Plant is
(1) Tarapur
(2) Mumbai
(3) Narora
(4) Chennai
57. Food inflation declined by more than one percentage point to ____ for the week ended February 19, 2011, led by a declined in prices of onions, potatoes and pulses.
(1) 9.39%
(2) 8.39%
(3) 10.39%
(4) 11.39%
58. Union Finance Minister Pranab Mukerjee presented the Union Budget for 2011-12 on ___
(1) 28 February, 2011
(2) 27 February, 2011
(3) 26 February, 2011
(4) 1 March, 2011
59. Union Finance Minister Pranab Mukerjee presented the Economic Survey (2011-12) on ____.
(1) 26 February, 2011
(2) 25 February, 2011
(3) 27 February, 2011
(4) 28 February, 2011
60. Union Rail Minister Mamata Banerjee presented the Rail Budget (2011-12) on____.
(1) 25 February, 2011
(2) 26 February, 2011
(3) 27 February, 2011
(4) 28 February, 2011
61. Milk Production-currently 112 million tonne- has been increasing steadily by about ____ million tonne a year
(1) 2.5
(2) 3.5
(3) 4.5
(4) 5.5
62. Wages paid to Mahamta Gandhi National Rural Employment Guarantee Scheme has now been linked with –
(1) Wholesale Price Index
(2) Consumer Price Index for Agriculture Labour
(3) Consumer Price Index for Industrial Workers
(4) Food Inflation
63. ‘IMPS’ is a new term being used in banking sector Its full form is –
(1) Indian Money Payment Service
(2) Interbank Mobile Payment Service
(3) International Money Payment Service
(4) International Mobile Payment Service
64. Which of the following airways company has been acquired by South Indis’s Sun Group?
(1) Spice Jet
(2) IndiGo
(3) Go Air
(4) Jet Airways
65. The Sixth Economic Census is being done in 2011. What was the year of the first Economic Census?
(1) 1951
(2) 1961
(3) 1971
(4) 1977
RAILWAY BUDGET 2011-12
66. Who is the financial commissioner of Railway Board?
(1) Samar Jha
(2) Sameer Jha
(3) Samresh Yadav
(4) Somnath Banerjee
67. The Railway have projected an increase in passenger earnings by over ___ per cent to Rs. 30,456 crore.
(1) 15.5
(2) 16.5
(3) 17.5
(4) 18.5
68. During financial year 2010-11, with 5.3 percent increase in passenger numbers, the railway’s revenue is set to grow ___ percent.
(1) 11.2
(2) 12.2
(3) 13.3
(4) 14.2
69. Consider the following statements about Railway Budget (2010-11):
(1) Mamata Banerjee announced no increase in freight rates.
(2) The Railway has projected a 9.8 percent growth in freight earnings at Rs. 68,260 crore during 2011-12.
(3) They are targeting a 7.4 percent jump in freight carriage to 993 million tones during 2011-12.
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
70. The Railway surplus is expected to increase ____ percent to Rs. 258.41 crore in 2011-12 Rs. 4,104.50 crore in 2010-11.
(1) 18
(2) 20
(3) 28
(4) 30
71. The Plan outlay for 2011-12 has been fixed at Rs. 57, 630, an increase of almost ___ percent, from Rs. 41,642 crore in the current year.
(1) 20
(2) 40
(3) 30
(4) 50
72. According to Railway Budget (2010-11), Private investment to Contribute Rs. ____ crore.
(1) 1,776
(2) 1,876
(3) 1,676
(4) 1,976
73. Railway Minister has set aside Rs. ____crore for new railway lines.
(1) 5,583
(2) 6,583
(3) 9,583
(4) 5,400
74. Railway Minister has set aside Rs. _____ crore for doubling the lines.
(1) 5,406
(2) 4,406
(3) 6,406
(4) 7,406
75. Railway Minister has set aside Rs. _____ crore for gauge conversion projects.
(1) 12,820
(2) 13,820
(3) 14,820
(4) 15,820
76. Consider the following statements about Railway Budget (2011-12):
(a) 56 new express trains, three new Shatabdis and nine new Duronto trains during 2011-12, besides 47 additional suburban sevices in Mumbai and 50 new suburban services for Kolkata.
(b) AC double decker services will be introduced on Jaipur Delhi and Ahmedabad-Mumbai.
(c) Services of 33 trains will be extended while frequency of 17 trains will be extended.
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
77. Railway Minister Mamata Banerjee announced ____ MW gas based power plant at Thakurli in Maharastra for meeting railway requirements.
(1) 400
(2) 500
(3) 700
(4) 900
78. Mamata Banerjee announced additional mechanized laundry units will be set up at ____, Chandigarh and Bhopal for improving the quality of linen in trains.
(1) Kolkata
(2) Nagpur
(3) Raipur
(4) Kanpur
79. Railway minister proposed non-lapsable fund for socially desirable projects under the name of –
(1) Pradhan Mantri Rail Vikas Yojana
(2) Sonia Gandhi Rail Vikas Yojana
(3) Mamata Banerjee Rail Vikas Yojana
(4) Rajeev Gandhi Rail Vikas Yojana
80. A multipurpose pan-India smart card ____ will be introduced very soon to provide single window package to seamlessly pay for tickets for long distance, suburban, metro travelling.
(1) Come India
(2) Go India
(3) True India
(4) Rail India
81. Booking through this portal would be cheaper with a charge of only Rs. ____ for AC classes and Rs. 5 for others.
(1) 18
(2) 16
(3) 15
(4) 10
82. The Railway target to load 993 million tones (mt) goods earning Rs. ____ crore during 2011-12.
(1) 68,260 crore
(2) 65,620 crore
(3) 62,620 crore
(4) 69,620 crore
83. Match the List-I with List-II.
List-(Items)
(a) Total Receipts
(b) Total Working Expenses
(c) Total Expenditure
(d) Excess/Shortfall
List-II (Railway Budget Estimates in Rs. crore) – (2011-12)
(1) 109,393.13
(2) 96,450
(3) 97,400
(4) 5,258.41
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 2 3 4 1
(3) 4 1 2 3
(4) 3 1 4 2
84. According to Railway Budget (2011-12), ratio of net revenue to capital-at-charge and investment from capital fund are ____.
(1) 7.6%
(2) 5.6%
(3) 6.6%
(4) 4.6%
85. According to Railway Budget (2011-12), the operating ratio is ___.
(1) 91.1%
(2) 81.1%
(3) 71.1%
(4) 61.1%
86. Indian Railways all set to add 29,000 employees in the coming financial year, including ____ ex-servicemen.
(1) 15,000
(2) 16,000
(3) 17,000
(4) 18,000
87. According to Railway Budget (2011-12), the India Railways have ____PSUs (public sector undertakings) under it.
(1) 11
(2) 12
(3) 13
(4) 14
88. Match the List-I with List-II.
List-(States)
(a) Uttar Pradesh
(b) Maharastra
(c) Gujrat
(d) West Bengal
List-II (Share of New Train in Railway Budget (2011-12)
(1) 12
(2) 21
(3) 12
(4) 29
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 2 3 1 4
(3) 3 1 4 2
(4) 4 3 2 1
89. Match the List-I with List-II.
List-(States)
(a) Orissa
(b) Andhra Pradesh
(c) Kerala
(d) Bihar
List-II (Share of New Train in Railway Budget (2011-12)
(1) 8
(2) 12
(3) 9
(4) 6
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 2 3 4 1
(3) 3 4 1 2
(4) 4 3 2 1
90. Match the List-I with List-II.
List-(States)
(a) Tamil Nadu
(b) Delhi
(c) Rajasthan
(d) Karnataka
List-II (Share of New Train in Railway Budget (2011-12)
(1) 12
(2) 21
(3) 13
(4) 9
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 2 3 4 1
(3) 4 1 2 2
(4) 3 4 1 2
91. Match the List-I with List-II.
List-(States)
(a) Punjab
(b) Assam
(c) Madhya Pradesh
(d) Haryana
List-II (Share of New Train in Railway Budget (2011-12)
(1) 3
(2) 5
(3) 6
(4) 2
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 2 3 4 1
(3) 3 4 1 2
(4) 4 3 2 1
92. Consider the following statements about Railways Budget (2011-12).the Railway One Rupee: Income-Comes.
(a) Goods traffic earnings – 65 paise
(b) Passenger earnings – 26 paise
(c) Other Coaching earnings – 3 paise
(d) Sundry other earnings – 3 paise
(e) Miscellaneous receipts – 3 paise
Which of the above statements are true?
(1) Only (a) and (b)
(2) Only (c) and (d)
(3) Only (e) and (d)
(4) All of the above
93. Consider the following statements about Railway s Budget (2011-12), the railway One Rupee: Expenditure –goes:
(a) Staff Wages and allowances – 42 paise
(b) Pension Fund – 17 paise
(c) Fuel – 16 paise
(d) Depriciation reserve fund – 2 paise
(e) Stores – 4 paise
(f) Dividend – 6 paise
(g) Lease Charges – 4 paise
(h) Miscellaneous expenditure – 9 paise
Which of the above statements are true?
(1) Only (a) and (b)
(2) Only (c) and (d)
(3) Only (e), (f), (g) and (h)
(4) All of the above
ECONOMIC SURVEY (2010-11)
94. According to Economic Survey (2011-11), as fiscal deflect stands revised at 4.8 percent of gross domestic product (GDP) for the current financial year against the Budget estimates of ___ percent.
(1) 4.5
(2) 5.5
(3) 6.5
(4) 7.5
95. The Economic Survey (2010-11) pegged the ___percent growth with a rider that global developments.
(1) 7
(2) 8
(3) 9
(4) 10
96. Match the List-I with List-II.
List-(Items)
(a) Agriculture, foresty & fishing
(b) Manufacturing, construction, etc.
(c) Trade, hotels, transport and Communication
(d) Financing, insurance, realestate & business services
List-II (GDP annual growth (2009-10)
(1) 1.3%
(2) 8.1%
(3) 9.7%
(4) 9.2%
Codes:
(a) (b) (c) (d)
(1) 1 2 3 4
(2) 2 3 4 1
(3) 3 4 1 2
(4) 4 3 2 1
97. Economic Survey (2010-11) expects gross tax revenue to revive its share in GDP to____.
(1) 9.8 %
(2) 10.8%
(3) 11.8%
(4) 12.8%
98. According to Economic Survey (2010-11), India needs to invest ____ billion dollar in the Twelfth Plan (2012-17).
(1) 1.125
(2) 1.225
(3) 1.025
(4) 1.325
99. While the overall GDP has grown by 8.62% during 2004-05 to 2010-11, farm GDP has increased by only ____.
(1) 2.46%
(2) 3.46%
(3) 4.46%
(4) 5.46%
100. Consider the following statements about Economic Survey (2010-11).
(a) Economic Survey sees GDP surging past 9% in year ahead
(b) Fiscal and revenue deflects seen at 4.8%, 3.5% of GDP
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Both (a) and (b)
(4) None of these
101. Consider the following statements about agenda for growth, stability:
(a) 2011-12 GDP growth seen at 9%, plus or minus 0.2%
(b) Agriculture growth at 5.4% in 2010-11, services at 9.6 %
(c) Food inflation seems driven by demand
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
102. Consider the following statements about Economic Survey (2010-11):
(a) Economy to grow at least 9% next year and at higher rates in medium-to-long term.
(b) High saving and investment due to rising income levels and demographic factors – to support further growth.
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Both (a) and (b)
(4) None of these.
103. Consider the following statements about Economic Survey (2010-11):
(a) Inflation is a dominant concern, but here to stay –at least 1.5 percentage points higher due to strong growth.
(b) Further increase in interest rates likely
(c) Hints there could be sops for infrastructure financing in Budget
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
104. Consider the following statements about Economic Survey (2010-11):
(a) Two types of bank license suggested for new entrants- one for basic banking another for commercial
(b) Environment added as a chapter for the first time, but the message is: green should not stifle growth
(c) Contradicts RBI on ‘teaser’ rates, says innovation has helped expand market
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
105. Consider the following statements are true?
(a) Direct cash transfers may help check leakage of subsidy
(b) Pitches for rate cap on micro-finance institutions
(c) Supports Bill to boost pensions business, wants government to push new pension Scheme
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
106. Consider the following statements about Economic Survey (2010-11):
(a) Prices: The government warns of tougher times ahead
(b) Infrastructure: Projects, funds a problem, telecom the silver lining
(c) Retail: Survey bats for FDI in multi-brand retail
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
107. Consider the following statements about Economic Survey (2010-11):
(a) Agriculture: Uphill task for farming, unless Green Revolution-II shows up
(b) Industry: Reforms, policy framework needed to sustain output growth
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Both (a) and (b)
(4) None of these
108. Consider the following statements about Economic Survey (2010-11):
(a) Financial Inclusion: Broaden savings, integrated it into system to boost growth
(b) Fiscal Deflect: Introduction of GST Crucial to raise revenues, narrow gap
(3) Human Development: Strike free-a year of relative peace in industrial relations
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
UNION BUDGET (2011-12)
109. Consider the following statements about Economic Survey (2011-12):
(a) Credit flow for farmers raised from Rs. 3, 75,000 crore to Rs. 4, 75,000 crore in 2011-12.
(b) Allocation for infrastructure raised by 23.3 % to Rs. 2, 14,000 crore
(c) Allocation for education up by 24% to Rs. 52,057 crore: for health by 20% to Rs. 26,760 crore.
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
110. According to Union Budget (2011-12), a substantial increase in allocation for Defence by 11.6 % to Rs. _____ crore.
(a) Exemption limit for individual taxpayers raised from Rs. 1.6 lakh, to Rs. 1.8 lakh, giving uniform tax relief of Rs. 2,000.
(b) Exemption limit raised for senior Citizens from Rs. 2.4 lakh to Rs. 2.5 lakh; the qualifying age of the rebate reduced from 65 to 60.
(c) Higher exemption limit for very senior Citizens (80 years and above) at Rs. 5 lakh.
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
111. Consider the following statements about Indirect Tax:
(a) Central Excise Duty to be maintained at standard rate of 10%
(b) Nominal Central Excise Duty of 1% imposed on 130 items entering the tax net.
(c) Basic customs Duty reduced for specified agricultural machinery from 5% to 25%.
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
113. Consider the following statements about Service Tax:
(a) Standard rate of service Tax retained at 10%
(b) Service Tax on air travel raised by Rs. 50 for domestic sector and Rs. 250 for international sector in economy class. In higher classes, it will be 10% flat.
(c) Proposal relating to Service Tax estimated to result in net revenue gain Rs. 4,000 crore.
Which of the above statements are true?
(1) Only (a)
(2) Only (b)
(3) Only (c)
(4) All of the above
114. Direct Taxes code to be finalized for enactment during 2011-12; to be effective from ___.
(1) 1 April, 2012
(2) 1 April, 2011
(3) 1 June, 2012
(4) 1 May, 2011
115. Government Committed to retaining at least ___ ownership and management control of central public sector undertakings.
(1) 41%
(2) 51%
(3) 55%
(4) 60%
116. According to Union Budget (2011-12), housing loan limit under priority sector lending raised to Rs. ___lakh.
(1) 15
(2) 25
(3) 30)
(4) 35
117. According to Union Budget (2011-12), allocation for Bharat Nirman programme up by Rs. ____ crore from Rs. 58,000 crore.
(1) 10,000
(2) 11,000
(3) 12,000
(4) 13,000
118. According to Union Budget (2011-12), from 1 April, 2011, remunerating for Anganwadi workers increased from Rs. 1,500 to Rs. 3,000 a month and Anganwadi helpers from Rs. 750 to Rs. ____ a month.
(1) 1,000
(2) 1,200
(3) 1,500
(4) 2,000
119. According to Union Budget (2011-12), financial helps for Metro projects in Delhi, Mumbai Bangalore, Kolkatta and _____.
(1) Ahmedabad
(2) Kanpur
(3) Pune
(4) Chennai
120. Pranab Mukherjee has raised allocation under Rashtriya Krishi vikas Yojana to Rs. _____crore.
(1) 7,860
(2) 5,660
(3) 8,860
(4) 6,660
121. According to Union Budget (2011-12), which of the following items are cheaper?
(1) Bicycles
(2) Tea & coffee
(3) Desserts
(4) All of these
122. According to Union Budget (2011-12), which of the following items are cheaper?
(1) Dry Fruits
(2) Diapers
(3) CD, VCD & DVD
(4) All of these
123. According to Union Budget (2011-12), which of the following items are cheaper?
(1) Stationary
(2) Kitchenware
(3) Shade and Incense
(4) All of these
124. According to Union Budget (2011-12), which of the following items are cheaper?
(1) Wireless
(2) Snacks
(3) Purifiers
(4) All of these
125. According to Union Budget (2011-12), which of the following items are cheaper?
(1) Silk
(2) Medicines
(3) Only (1)
(4) Both (a) and (2)
ANSWERS
6. (2) Oman
7. (1) Six Pacts
8. (2) 2011-12
9. (2) U .S .A.
10. (1) Defence Programme
11. (3) June 30, 2011
12. (1) Telangala Issue
13. (2) Scrap Ammunition
14. (1) 2 March, 2011
15. (2) 2 March, 2011
16. (1) Libya
17. (4) All of the above
18. (4) All of the above
19. (2) Burj Khalifa
20. (2) Cancun
21. (2) Mongolia
22. (1) U.S .A.
23. (1) April 2011
24. (2) Hong Kong
25. (3) Forests
26. (3) Gujarat
27. (1) 26 February, 2011
28. (3) Kerala
29. (1) 5 March, 2011 to 9 March, 2011
30. (1) Budhadev Bhatacharya
31. (2) M. Karunanidhi
32. (2) M. Narendra
33. (1) C. Rangarajan
34. (2) Chanda Kochhar (a) (b) (c) (d)
35. (1) 1 2 3 4 (a) (b) (c) (d)
36. (1) 1 2 3 4 (a) (b) (c) (d)
37. (1) 1 2 3 4
38. (3) C. Rangarajan
39. (2) Research and Analysis Wing
40. (1) Harsh V. Pant
41. (1) February 24
42. (1) Chief Informatioon Commissioner
43. (4) Y. B. Reddy
44. (4) All of the above
45. (1) 3 March, 2011
46. (1) Virender Sehwag
47. (1) Ricky Pointing (a) (b) (c) (d)
48. (1) 1 2 3 4
49. (2) Stumpy
50. (3) S.P. Sethuraman
51. (2) Russia
52. (1) England
53.(3) Kolkata
54. (4) All of the above
55. (1) Water
56. (1) Tarapur
57. (3) 10.39%
58. (1) 28 February, 2011
59. (2) 25 February, 2011
60. (1) 25 February, 2011
61. (2) 3.5
62. (2) Consumer price Index for Agricultural Labour
63. (2) Interbank Mobile Payment service
64. (1) Spice Jet
65. (4) 1977
66. (1) Somar Jha
67. (2) 16.5
68. (1) 11.2
69. (4) All of the above
70. (3) 28
71. (2) 40
72. (1) 1,776
73. (3) 9,583
74. (1) 5,406
75. (2) 13,820
76. (4) All of the above
77. (3) 700
78. (2) Nagpur
79. (1) Pradhan Mantri Rail Vikas Yojana
80. (2) Go India
81. (4) 10
82. (1) 68,260 (a) (b) (c) (d)
83. (1) 1 2 3 4
84. (1) 7.6 %
85. (1) 91.1%
86. (2) 16,000
87. (1) 11
88. (1) 1 2 3 4 a b c d
89. (1) 1 2 3 4 a b c d
90. (1) 1 2 3 4 a b c d
91. (1) 1 2 3 4
92. (4) All of the above
93. (4) All of the above
94. (2) 5.5
95. (3) 9 (a) (b) (c) (d)
96. (1) 1 2 3 4 97. (2) 10.8%
98. (3) 1,025
99. (2) 3.46%
100. (3) Both (a) and (b)
101. (4) All of the above
102. (3) Both (a) and (b)
103. (4) All of the above
104. (4) All of the above
105. (4) All of the above
106. (4) All of the above
107. (3) Both (a) and (b)
108. (4) All of the above
109. (4) All of the above
110. (1) 1, 64,415
111. (4) All of the above
113. (4) All of the above
114. (1) 1 April, 2012
115. (2) 51%
116. (2) 25
117. (1) 10,000
118. (3) 1,500
119. (4) Chennai
120. (1) 7,860
121. (4) All of these
122. (4) All of these
123. (4) All of these
124. (4) All of these
125. (4) Both (1) and (2)
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