(A) V. Tulsidas
(B) Arvind Jadhav
(C) K. S. Bajpei
(D) M. N. Chenni
Ans : (B)
2. RBI has raised CRR w.e.f. April 21, 2010 at—
(A) 6•00%
(B) 5•50%
(C) 5•25%
(D) 5•0%
Ans : (A)
3. The operational period for the recommendations of 13th Finance Commission will be—
(A) 2008–13
(B) 2009–14
(C) 2010–15
(D) 2011–16
Ans : (C)
4. Auto-Expo 2010 was organised in—
(A) Mumbai
(B) Hyderabad
(C) Gurgaon
(D) New Delhi
Ans : (D)
5. 13th Finance Commission was constituted under the Chairmanship of—
(A) C. Rangrajan
(B) Vijay L. Kelkar
(C) Deepak Parekh
(D) Indira Bhargava
Ans : (B)
6. Which nationalised Commercial Bank has launched signature based debit card scheme ?
(A) Bank of Baroda
(B) Punjab National Bank
(C) Central Bank of India
(D) Indian Bank
Ans : (B)
7. During April-December 2009-10 Indian Exports registered a growth rate of—
(A) – 20•3%
(B) – 23•6%
(C) + 20•3%
(D) + 23•6%
Ans : (A)
8. As per the statistics released by TRAI, the tele-density at the end of December 2009 in India stood at—
(A) 34•32%
(B) 35•32%
(C) 47•90%
(D) 40•96%
Ans : (C)
9. Platinum Jubilee Year of the RBI is—
(A) 2011-12
(B) 2010-11
(C) 2012-13
(D) 2009-10
Ans : (D)
10. To provide houses at low prices, an industrial group has launched ‘Shubh Griha Pariyojana’. This industrial home is—
(A) Sahara Group
(B) Reliance Group
(C) Birla Group
(D) Tata Group
Ans : (D)
ShareThisBank Exams Model Questions
1. Which of the following bank is going to be merged at first with SBI ?
(A) State Bank of Saurashtra
(B) State Bank of Indore
(C) State Bank of Patiala
(D) State Bank of Bikaner and Jaipur
Ans : (A)
2. For senior citizens, income tax exemption limit in Budget 2010-11 is—
(A) Rs. 1•75 lakh
(B) Rs. 1•85 lakh
(C) Rs. 2•40 lakh
(D) Rs. 2•10 lakh
Ans : (C)
3. ‘BANCON-2007’ was hosted by—
(A) Bank of Baroda
(B) Punjab National Bank
(C) Bank of India
(D) Central Bank of India
Ans : (A)
4. After SBI and PNB, which of the following Public sector bank has become the third largest PSU bank in the year 2008-09 ?
(A) Bank of Baroda
(B) Canara Bank
(C) Union Bank of India
(D) Central Bank of India
Ans : (A)
5. Which of the following is not the source of revenue of Central Government ?
(A) Agricultural Income Tax
(B) Income Tax
(C) Excise Duty
(D) Corporate Tax
Ans : (A)
6. Which of the following corporate house is developing a port in Mundra (Gujarat) ?
(A) Adani
(B) Ambani
(C) Goyanka
(D) Birla
Ans : (A)
7. With which brand or product is the slogan ‘Just do it’ associated ?
(A) Bata
(B) Nike
(C) Woodland
(D) Power
Ans : (B)
8. The New Pension Scheme has been floated from whom ?
(A) Any Indian citizen between the age of 18 to 55 years
(B) For Indian citizens between the age of 25 to 55 years
(C) For all Indian citizens working in the unorganized sector
(D) For all citizens not having pension schemes to invest
Ans : (A)
9. How many company’s shares have been included in Bombay Stock Market’s new share named as BSE Power Index ?
(A) 10
(B) 12
(C) 14
(D) 16
Ans : (C)
10. Aam Admi Bima Yojana, launched on October 2, 2007 provides insurance on natural death of—
(A) Rs. 30,000
(B) Rs. 50,000
(C) Rs. 75,000
(D) Rs. 1,00,000
Ans : (A)
11. For Public Sector Refineries, the foreign direct investment limit has been raised from 26% to—
(A) 49%
(B) 51%
(C) 61%
(D) 75%
Ans : (A)
12. The last state in the country which ultimately decided to introduce VAT for replacing Trade Tax is—
(A) Uttar Pradesh
(B) Tripura
(C) Meghalaya
(D) Rajasthan
Ans : (A)
13. Who is the Chairman of NASSCOM ?
(A) Shanta Sinha
(B) Pramod Bhasin
(C) Laxmi Narayanan
(D) K. N. Memami
Ans : (B)
14. The equity of Reserve Bank of India in National Housing Bank is—
(A) 49%
(B) 51%
(C) 71%
(D) 100%
Ans : (D)
15. Which day is observed as World Habitat Day ?
(A) September 15
(B) September 30
(C) October 1
(D) October 30
Ans : (C)
16. Which of the rate is not determined by Reserve Bank of India ?
(A) Bank Rate
(B) CRR
(C) SLR
(D) PLR
Ans : (D)
17. 11th Plan Draft Document as approved by Planning Commission presents a target of 4% annual growth for agriculture. For industry and service sector growth rate has been targeted between—
(A) 7 to 9%
(B) 8 to 10%
(C) 9 to 11%
(D) 10 to 15%
Ans : (C)
18. As per National Family Health Survey–3 (2005-06), average fertility rate in India has declined from 2•9 (obtained in NFHS–2) to—
(A) 2•8
(B) 2•7
(C) 2•6
(D) 2•5
Ans : (B)
19. The Second Summit of BRIC (Brazil, Russia, India and China) was held on April 16, 2010 in—
(A) Russia
(B) Brazil
(C) India
(D) China
Ans : (B)
20. Which State Government has decided to impose one per cent cess on the construction activity to provide health insurance and security measures to the unorganised sector ?
(A) Maharashtra
(B) Karnataka
(C) Andhra Pradesh
(D) Orissa
Ans : (C)
1. ‘Pure Banking, Nothing Else’ is a slogan raised by—
(A) ICICI Bank
(B) HDFC Bank
(C) SBI
(D) UTI Bank
Ans : (C)
2. In the end of March 2009, External debt to GDP ratio in India stood at—
(A) 22%
(B) 17•4%
(C) 17•8%
(D) 15•8%
Ans : (A)
3. Indian State having the lowest Infant Mortality Rate is—
(A) Maharashtra
(B) Goa
(C) Gujarat
(D) Kerala
Ans : (D)
4. ‘Smart Money’ is a term used for—
(A) Internet Banking
(B) Credit Card
(C) Cash with Bank
(D) Cash with Public
Ans : (B)
5. Which of the following has the maximum share in GSM Mobile Phone Service Market ?
(A) Vodafone (earlier Hutch)
(B) Airtel
(C) BSNL
(D) Reliance
Ans : (B)
6. 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
Ans : (A)
7. 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
Ans : (B)
8. Inside Trading is related to—
(A) Share Market
(B) Horse racing
(C) Taxation
(D) Public Expenditure
Ans : (A)
9. The largest source of National Income in India is—
(A) Service Sector
(B) Agriculture
(C) Industrial Sector
(D) Trade Sector
Ans : (A)
10. ‘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
Ans : (A)
11. NABARD is—
(A) A bank
(B) A board
(C) A block
(D) A department
Ans : (A)
12. 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
Ans : (C)
13. The period of 11th plan in India is—
(A) 2006–11
(B) 2008–13
(C) 2007–12
(D) 2009–14
Ans : (C)
14. Economic Planning is in—
(A) Union list
(B) State list
(C) Concurrent list
(D) Not any specified list
Ans : (C)
15. Presently (from April 29, 2003) bank rate in India is—
(A) 7•0%
(B) 6•75%
(C) 6.25%
(D) 6•0%
Ans : (D)
16. Gross domestic savings as a proportion of GDP has been improving. What is the average percentage of gross domestic savings proposed during the 11th plan ?
(A) 26•4%
(B) 31•9%
(C) 34•8%
(D) 35•2%
Ans : (C)
17. Nuclear Security Summit-2010 was held on 12-13 April 2010 at—
(A) London
(B) Washington
(C) Singapore
(D) Beijing
Ans : (B)
18. MRTP is related to—
(A) Monopoly and trade restrictions
(B) Inflation control
(C) Transport control
(D) Foreign Exchange Regulations
Ans : (A)
19. Interest Rate Policy is a part of—
(A) Fiscal Policy
(B) Industrial Policy
(C) Monetary Policy
(D) None of these
Ans : (C)
20. 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
Ans : (B)
1. TRAI has abolished ADC (Access Deficit Charge) on all types of calls w.e.f.—
(A) April 1, 2010
(B) April 30, 2009
(C) August 30, 2009
(D) October 30, 2008
Ans : (D)
2. 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
Ans : (D)
3. 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
Ans : (D)
4. For RIDF-XIV, allocation in Union Budget 2008-09 was—
(A) Rs. 16000 crore
(B) Rs. 12000 crore
(C) Rs. 10000 crore
(D) Rs. 14000 crore
Ans : (D)
5. The birth rate and death rate for the year 2008 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) 22•8 and 7•4 per thousand respectively
Ans : (D)
6. 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.
Ans : (A)
7. 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%
Ans : (D)
8. 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
Ans : (A)
9. Agriculture sector registered 4•9% growth in 2007-08 and it is estimated for year 2008-09 at—
(A) Again 4•5%
(B) 4•3%
(C) 3•3%
(D) 1•6%
Ans : (D)
10. As per the fourth advanced estimates of Agricultural Production for the year 2008-09 released by the Ministry of Agriculture, total foodgrain’s production has been estimated at—
(A) 240•78 million tonne
(B) 230•78 million tonne
(C) 227•88 million tonne
(D) 233•88 million tonne
Ans : (D)
11. Which of the following taxes have been removed in the Union budget for 2009-10 ?
(A) FBT & CTT
(B) Income Tax
(C) GST
(D) CENVAT
Ans : (A)
12. Which committee recommended tax on Agriculture Holdings ?
(A) Bhootlingam Committee
(B) Wanchoo Committee
(C) Raj Committee
(D) None of these
Ans : (D)
13. The Present Service Tax rate is—
(A) 8%
(B) 15%
(C) 12%
(D) 10%
Ans : (D)
14. 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
Ans : (C)
15. Which of the following is a better measure of economic development ?
(A) Employment
(B) Size of exports
(C) Rural consumption
(D) National Income
Ans : (D)
16. 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)
Ans : (C)
17. Out of one Rupee expenditure, how much paise have been allotted for subsidy in 2010-11 main budget proposals ?
(A) 12 paise
(B) 11 paise
(C) 9 paise
(D) 7 paise
Ans : (C)
18. ‘India Brand Equity Fund’ was established in—
(A) 1996
(B) 1997
(C) 1995
(D) 1992
Ans : (A)
19. 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
Ans : (C)
20. Ministry of HRD has announced to hike FDI limit in Education to—
(A) 65%
(B) 70%
(C) 75%
(D) 100%
Ans : (D)
1. VAT is imposed—
(A) Directly on consumer
(B) On final stage of production
(C) On first stage of production
(D) On all stages between production and final sale
Ans : (D)
2. The newly appointed person as Chairman of CBDT is—
(A) S. Sridhar
(B) S. S. N. Moorti
(C) Rajiv Chandrashekhar
(D) Venugopal Dhoot
Ans : (B)
3. Kutir Jyoti scheme is associated with—
(A) Promoting cottage industry in villages
(B) Promoting employment among rural unemployed youth
(C) Providing electricity to rural families living below the poverty line
(D) All of these
Ans : (C)
4. Novelis has been acquired and merged with—
(A) Tata Steels
(B) SAIL
(C) HINDALCO
(D) Jindal Steels
Ans : (C)
5. OTCEI is—
(A) Atomic Submarine of China
(B) Economic Policy of USA
(C) An Indian Share Market
(D) A Defence Research Organisation
Ans : (C)
6. Foreign Trade Policy 2009–14 document fixes the export target for 2010-11 as—
(A) $ 140 billion
(B) $ 175 billion
(C) $ 150 billion
(D) $ 200 billion
Ans : (D)
7. The amount of disinvestment proposed in the central budget for 2010-11 is—
(A) Rs. 25,000 crore
(B) Rs. 40,000 crore
(C) Rs. 65,000 crore
(D) Rs.68,000 crore
Ans : (B)
8. The base year of Industrial Production Index is being shifted from 1993-94 to—
(A) 2004-05
(B) 1999
(C) 2000-01
(D) 1999-2000
Ans : (C)
9. In main Budget proposals for 2010-11, which of the following gives 23% contribution in revenue collection of union government ?
(A) Income Tax
(B) Excise
(C) Corporation Tax
(D) Non-tax Revenue
Ans : (C)
10. The base year of present Consumer Price Index (CPI) for Urban Non-Manual Employees (CPI—UNME) is—
(A) 1980-81
(B) 1981-82
(C) 1982-83
(D) 1984-85
Ans : (D)
11. 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
Ans : (A)
12. 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
Ans : (B)
13. Which of the following does not grant any tax rebate ?
(A) National Saving Certificate
(B) Indira Vikas Patra
(C) National Saving Scheme
(D) Public Providend Fund
Ans : (B)
14. 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
Ans : (A)
15. SEBI was established in—
(A) 1993
(B) 1992
(C) 1988
(D) 1990
Ans : (C)
16. 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
Ans : (D)
17. 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
Ans : (C)
18. Fiscal deficit as a percentage of GDP was 4•0% in 2004-05 which increased in 2010-11 (Budget Estimates) to—
(A) 5•0%
(B) 5•1%
(C) 5•5%
(D) 6•0%
Ans : (C)
19. Which is the first Export Processing Zone declared as Free Trade Zone in India ?
(A) Kandla
(B) Noida
(C) Santacruz
(D) Falta
Ans : (C)
20. 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
Ans : (D)
1. The most densely populated country in South Asia is—
(A) Bangladesh
(B) India
(C) Maldives
(D) Sri Lanka
Ans : (C)
2. Revenue Deficit as a per cent of GDP in Budget 2010-11 has been estimated at—
(A) 1•0%
(B) 5•3%
(C) 4•4%
(D) 4•0%
Ans : (D)
3. Which country among the following gets the highest HDI ranking in Human Development Report 2007 ?
(A) Iceland
(B) USA
(C) United Kingdom
(D) Japan
Ans : (A)
4. ‘Aam Admi Bima Yojana’ a social security scheme for rural landless households is implemented by the noddle agency—
(A) National Insurance Co.
(B) State Government
(C) UTI
(D) LIC
Ans : (B)
5. NOAPS has been renamed as Indira Gandhi National Old Age Pension Scheme with its extended scope. Now this scheme will include all old age persons—
(A) Living below poverty line
(B) Above 60 years age
(C) Above 65 years age
(D) Both (A) and (C)
Ans : (D)
6. The Ex-officio Secretary of NDC is—
(A) Secretary of Finance Ministry
(B) General Secretary of Lok Sabha
(C) Secretary of Planning Commission
(D) Vice Chairman of Planning Commission
Ans : (C)
7. For charters and cargo services, what is the new FDI ceiling announced by the government ?
(A) 100%
(B) 74%
(C) 26%
(D) 49%
Ans : (B)
8. In National Mineral Policy (1993) which mineral was allowed for having investment from private sector—
(A) Coal
(B) Iron
(C) Gold
(D) Platinum
Ans : (A)
9. The share of road transport in total transport of the country is—
(A) 20%
(B) 40%
(C) 60%
(D) 80%
Ans : (D)
10. Minimum Support Price is recommended by—
(A) ICAR
(B) State Government
(C) Ministry of Agriculture
(D) CACP
Ans : (D)
11. Which percentage of Gross Central Taxes have been recommended by the 13th Finance Commission to be transferred to States ?
(A) 28•5%
(B) 29•5%
(C) 39•5%
(D) 31•5%
Ans : (C)
12. Which state possesses the maximum percentage of SC population ?
(A) U.P.
(B) M.P.
(C) Kerala
(D) Punjab
Ans : (D)
13. Government has made an announcement in Parliament to provide telephone connection to every household in the country by—
(A) 2020
(B) 2025
(C) 2040
(D) 2030
Ans : (C)
14. What is ‘NIKKEI’ ?
(A) Share Price Index of Tokyo Share Market
(B) Name of Japanese Central Bank
(C) Japanese name of Country’s Planning Commission
(D) Foreign Exchange Market of Japan
Ans : (A)
15. Which statement is correct for Indian Planning Commission ?
(A) It is not defined in Indian Constitution
(B) Members and Vice-Chairman of it do not have fixed working duration
(C) Members do not require any minimum education
(D) All of these
Ans : (D)
16. Which State of the following has not yet adopted VAT (Value Added Tax) ?
(A) Tamil Nadu
(B) Uttar Pradesh
(C) Gujarat
(D) None of the above
Ans : (D)
17. Service Tax revenue collection for 2010-11 (Budget estimates) was proposed at—
(A) Rs. 68,000 crore
(B) Rs. 65,000 crore
(C) Rs. 50,200 crore
(D) Rs. 74,460 crore
Ans : (A)
18. NABARD was established on the recommendation of—
(A) Public Account Committee
(B) Shivaraman Committee
(C) Narsimham Committee
(D) None of these
Ans : (B)
19. Sampurna Gramin Rojgar Yojana was launched on—
(A) 1st April, 2001
(B) 25th Sept., 2001
(C) 30th Sept., 2001
(D) No scheme of such title has yet launched
Ans : (B)
20. Which company is providing mobile service with the name ‘Cell One’ to the consumers ?
(A) MTNL
(B) BSNL
(C) Reliance Infocom
(D) Bharti Tele
Ans : (B)
1. Competition (Amendment) Bill, 2007 has replaced—
(A) VAT
(B) MRTPC
(C) Securities Contracts (Regulation) Bill, 2005
(D) Electricity Act, 2003
Ans : (B)
2. ‘Mid-day Meal’ scheme was started in the year—
(A) 1998
(B) 1997
(C) 1996
(D) 1995
Ans : (D)
3. The total Foreign Direct Investment (FDI) during April-Dec. 2009 was about—
(A) $ 25 billion
(B) $ 21 billion
(C) $ 45 billion
(D) $ 50 billion
Ans : (B)
4. The duration of present Five Year Foreign Trade Policy of the Government of India is—
(A) 2011–2016
(B) 2009–2014
(C) 2010–2015
(D) 2008–2013
Ans : (B)
5. ‘Priyadarshini Project’ is related to—
(A) Empowerment of Rural women
(B) Survival of Girl Child
(C) Free Education to all girls
(D) None of the above
Ans : (A)
6. ‘Pratibha Kiran Yojana’ is a scheme to promote higher education among girls introduced by—
(A) Karnataka
(B) Bihar
(C) Madhya Pradesh
(D) Uttar Pradesh
Ans : (C)
7. To which service, the government has notified Service Tax Refund Scheme for exporter ?
(A) Port services
(B) Railway service
(C) Road service
(D) All of these
Ans : (D)
8. ‘Laadli Laxmi Yojana’ has been launched by………government for supporting girls of all religion and caste upto their marriage.
(A) Rajasthan
(B) Madhya Pradesh
(C) Uttar Pradesh
(D) Gujarat
Ans : (B)
9. As per estimetes of Ministry of Women and Child, the Gender Development Index (GDI) which had the score of 0•514 in 1996 has moved in 2006 to—
(A) 0•590
(B) 0•419
(C) 0•496
(D) 0•612
Ans : (A)
10. Who was the chairman of the Expert Committee which suggested a formula on ‘Consumption Expenditure’ for identifying BPL families ?
(A) Abhijit Sen
(B) C. Rangrajan
(C) Suresh Tendulkar
(D) Mihir Shah
Ans : (C)
11. ‘Innovation Lab’ has been launched by—
(A) Tata Consultancy Services
(B) Infosys Tech
(C) Reliance Industries
(D) Anil’s Reliance Communications
Ans : (A)
12. Dhanendra Kumar has been appointed Chairman of—
(A) CII
(B) Competition Commission of India
(C) FICCI
(D) SEBI
Ans : (B)
13. Which country was honoured at China International Travel Mart 2007 with Best Participating and Excellent Advertisement Awards ?
(A) Singapore
(B) Thailand
(C) India
(D) Nepal
Ans : (C)
14. APEC group leaders have decided to take up new membership issue after a few years and as a result India and other ten countries have to wait for APEC membership till—
(A) 2014
(B) 2010
(C) 2011
(D) 2012
Ans : (B)
15. Government has extended Mid Day Meal Scheme to cover the students upto class—
(A) 6th
(B) 7th
(C) 8th
(D) 10th
Ans : (C)
16. Videsh Sanchar Nigam Ltd. has been renamed as—
(A) Reliance Sanchar Nigam Ltd.
(B) Tata Sanchar Nigam Ltd.
(C) Tata Communication Ltd.
(D) Bharti Communication Ltd.
Ans : (C)
17. Government is going to merge Annapurna Scheme with—
(A) Mid Day Meal Scheme
(B) National Old Age Pension Scheme
(C) National Food for Work Programme
(D) Antyodaya Anna Yojana
Ans : (B)
18. For attaining 9% growth rate during 11th plan (2007-2012), investment level has been estimated to be—
(A) 34•8% of GDP
(B) 32•4% of GDP
(C) 30•9% of GDP
(D) 36•7% of GDP
Ans : (D)
19. Government adopted the new funding pattern (Centre State Share) for Sarva Shiksha Abhiyan as—
(A) 50 : 50
(B) 55 : 45
(C) 60 : 40
(D) 65 : 35
Ans : (D)
20. National Food Security Mission targets to increase the production of wheat, rice and pulses in next four years to—
(A) 10, 8 and 2 million tonne respectively
(B) 8, 10 and 2 million tonne respectively
(C) 8, 12 and 2 million tonne respectively
(D) 8, 10 and 4 million tonne respectively
Ans : (B)
1. The Repo rate w.e.f. March 4, 2009 stands at—
(A) 5·5%
(B) 5·0%
(C) 4·5%
(D) 4·0%
2. As per RBI released data; India’s foreign exchange reserves on January 2, 2009 stands at—
(A) $ 247·68 billion
(B) $ 254·64 billion
(C) $ 255·24 billion
(D) $ 258·34 billion
3. As per the report on State of Forest released on February 13, 2008, what is the percentage coverage of forest area in the total geographical area of the country ?
(A) 22·20%
(B) 21·30%
(C) 20·60%
(D) 19·90%
4. 13th Finance Commission has been constituted under the Chairmanship of—
(A) Y. S. P. Thorat
(B) Vijai L. Kelkar
(C) T. S. Vijayan
(D) Laxmi Narayan
5. SEBI is a—
(A) Statutory body
(B) Advisory body
(C) Constitutional body
(D) Non-statutory body
6. In Forbes’ list “Billionaire Blowup of 2008”, which of the following has been identified as the biggest loser of 2008 in the world ?
(A) Bill Gates
(B) Anil Ambani
(C) Laxmi Mittal
(D) Mukesh Ambani
7. When was the SAARC established ?
(A) On December 8, 1984
(B) On January 1, 1984
(C) On December 8, 1985
(D) On January 1, 1985
8. What is the present number of member countries of European Economic Community ?
(A) 15
(B) 12
(C) 25
(D) 20
9. Which Committee recommended abolition of tax rebates under section 88 ?
(A) Chelliah Committee
(B) Kelkar Committee
(C) Shome Committee
(D) None of the above
10. Which of the following countries is not the members of European Union ?
(A) Switzerland
(B) Malta
(C) The Czeck Republic
(D) Poland
11. Pradhanmantri Bharat Jodo Pariyojna is related to—
(A) Communication
(B) Social Integration
(C) Linking of Rivers
(D) Development of Highways
12. ‘Sagarmala’ is a name associated with—
(A) A drilling vessel
(B) A project of port development
(C) Oil well in Indian Ocean
(D) None of the above
13. Tarapore Committee submitted its report on “Full Convertibility on Rupee” in—
(A) Current account
(B) Capital account
(C) Both in current as well as in capital account
(D) Special Drawing Rights (SDR)
14. In October 2008 Govt. has dropped another 14 items from the list of SSI which leaves the number of items reserved for the SSI at—
(A) 42
(B) 32
(C) 28
(D) 21
15. During the second quarter of 2008-09, i.e., July-September 2008, India’s current account deficit stood at—
(A) $ 4·297 billion
(B) $ 6·297 billion
(C) $ 9·538 billion
(D) $ 12·538 billion
16. CENVAT is related to—
(A) Sales Tax
(B) Excise Duty
(C) Custom Duty
(D) Service Tax
17. 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
18. According to 2001 census urbanrural population ratio is about—
(A) 35 : 65
(B) 32 : 68
(C) 28 : 72
(D) 25 : 75
19. Asian Development Bank has approved an additional $ 71 million loan to the water project associated with the state—
(A) Uttar Pradesh
(B) Madhya Pradesh
(C) Rajasthan
(D) Gujarat
20. According to 2001 census the state having highest urban population is—
(A) U.P.
(B) Maharashtra
(C) Tamil Nadu
(D) Kerala
21. In Rashtriya Madhyamik Shiksha Abhiyan (RMSA) Scheme, government has targeted to ensure universal access to secondary level education by the year—
(A) 2012
(B) 2015
(C) 2017
(D) 2020
22. International Finance Corporation (IFC) has decided to fund an Ultra Mega Power Project in Gujarat. This project belongs to—
(A) Reliance Group
(B) Tata Group
(C) Birla Group
(D) NTPC
23. Which states ranks first and last respectively in Education Development Index (EDI) prepared
to track the progress of states towards providing universal elementary education ?
(A) Kerala and Orissa respectively
(B) Kerala and Bihar repectively
(C) Andhra Pradesh and Orissa respectively
(D) Karnataka and Bihar respectively
24. Targeted power capacity addition for 11th plan period is—
(A) 41110 MW
(B) 66463 MW
(C) 68963 MW
(D) 86283 MW
25. According to the Global Competitiveness Report 2008-09, India gets competitiveness ranking
at—
(A) 46th
(B) 50th
(C) 52nd
(D) 55th
26. The Ex-officio Secretary of NDC is—
(A) Secretary of Finance Ministry
(B) General Secretary of Lok Sabha
(C) Secretary of Planning Commission
(D) Vice Chairman of Planning Commission
27. For charters and cargo services, what is the new FDI ceiling announced by the government ?
(A) 100%
(B) 75%
(C) 61%
(D) 51%
28. In National Mineral Policy (1993) which mineral was allowed for having investment from private sector—
(A) Coal
(B) Iron
(C) Gold
(D) Platinum
29. The share of road transport in total transport of the country is—
(A) 20%
(B) 40%
(C) 60%
(D) 80%
30. At the end of September 2008, India’s foreign debt stood at $ 222·61 billion in which share
of long term debt and short term debt stands at—
(A) 80 : 20
(B) 20 : 80
(C) 77·5 : 22·5
(D) 22·5 : 77·5
31. Which percentage of Central Taxes have been recommended by the 12th Finance Commission to be transferred to States ?
(A) 28·5%
(B) 29·5%
(C) 30·5%
(D) 31·5%
32. Which state possesses the maximum percentage of SC population ?
(A) U.P.
(B) M.P.
(C) Kerala
(D) Punjab
33. Government has decided to cover all districts of the country in National Rural Employment
Guarantee Programme (NREGP)—
(A) Upto January 1, 2008
(B) Upto March 31, 2008
(C) w.e.f. April 1, 2008
(D) w.e.f. April 1, 2009
34. What is ‘NIKKEI’ ?
(A) Share Price Index of Tokyo Share Market
(B) Name of Japanese Central Bank
(C) Japanese name of Country’s Planning Commission
(D) Foreign Exchange Market of Japan
35. Which statement is correct for Indian Planning Commission ?
(A) It is not defined in Indian Constitution
(B) Members and Vice-Chairman of it do not have fixed working duration
(C) Members do not require any minimum education
(D) All of these
36. Which State of the following has adopted VAT (Value Added Tax) w.e.f. January 1, 2007 ?
(A) Tamil Nadu
(B) Uttar Pradesh
(C) Gujarat
(D) Goa
37. CCEA (Cabinet Committee on Economic Affairs) has decided to allow ‘Navratna’ and ‘Mini
Ratna’ companies to invest in mutual funds upto……per cent of their cash balances.
(A) 25%
(B) 30%
(C) 40%
(D) 50%
38. NABARD was established on the recommendation of—
(A) Public Account Committee
(B) Shivaraman Committee
(C) Narsimham Committee
(D) None of these
39. Sampurna Gramin Rojgar Yojana has been launched from—
(A) 1st April, 2001
(B) 25th Sept., 2001
(C) 30th Sept., 2001
(D) No scheme of such title has yet launched
40. Which company is providing mobile service with name ‘Cell One’ to the consumers ?
(A) MTNL
(B) BSNL
(C) Reliance Infocom
(D) Bharti Tele
41. VAT is imposed—
(A) Directly on consumer
(B) On final stage of production
(C) On first stage of production
(D) On all stages between production and final sale
42. Which city has been identified as the hottest (i.e., first ranking) outsourcing destination in the
world ?
(A) Bangalore (India)
(B) Dublin (Ireland)
(C) Makati City (The Philippines)
(D) Tokyo (Japan)
43. Kutir Jyoti scheme is associated with—
(A) Promoting cottage industry in villages
(B) Promoting employment among rural unemployed youth
(C) Providing electricity to rural families living below the poverty line
(D) All of these
44. Novelis has been acquired and merged with—
(A) Tata Steels
(B) SAIL
(C) HINDALCO
(D) Jindal Steels
45. OTCEI is—
(A) Atomic Submarine of China
(B) Economic Policy of USA
(C) An Indian Share Market
(D) A defence research organization
46. Foreign Trade Policy 2008-09 document forecasts the share of India’s trade in world trade at—
(A) 1·2%
(B) 1·3%
(C) 1·4%
(D) 1·5%
47. Govt. has decided to provide interest subsidy on housing loan upto Rs. one lakh to the urban poor during 11th five year plan. The granted interest subsidy is of—
(A) 5%
(B) 7·5%
(C) 10%
(D) 12·5%
48. The base of Consumer Price Index for Industrial Workers is being shifted from 1982 to—
(A) 1995
(B) 1998
(C) 2000
(D) 2001
49. SAARC University will have its head office in—
(A) Dhaka (Bangladesh)
(B) New Delhi (India)
(C) Colombo (Sri Lanka)
(D) Male (Maldives)
50. The base year of present Consumer Price Index (CPI) for Urban Non-Manual Employees (CPI—UNME) is—
(A) 1980-81
(B) 1981-82
(C) 1982-83
(D) 1984-85
Answers :
1. (B) 2. (C) 3. (C) 4. (C) 5. (A) 6. (B) 7. (C) 8. (B) 9. (B) 10. (A)
11. (D) 12. (B) 13. (B) 14. (D) 15. (D) 16. (B) 17. (B) 18. (C) 19. (B) 20. (B)
21. (C) 22. (B) 23. (B) 24. (B) 25. (B) 26. (C) 27. (B) 28. (A) 29. (D) 30. (C)
31. (C) 32. (D) 33. (B) 34. (A) 35. (D) 36. (A) 37. (B) 38. (B) 39. (B) 40. (B)
41. (D) 42. (A) 43. (C) 44. (C) 45. (C) 46. (D) 47. (A) 48. (D) 49. (B) 50. (D)
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