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G.K. CAPSULE for IIFT

1. Equity schemes managed strong NAV gains, which boost their assets’ was news in some financialnewspapers. What is the full form of the term NAV as used in above head lines?(A) Nil Accounting Variation(B) Net Accounting Venture

(C) Net Asset Value(D) New Asset Venture

2. As per reports published in various news papers, mutual fund companies showed 94 per cent growthin their total profits during 2009-10. This means the profits earned by these companies were 94percent-(A) Of the total investments they made collectively during the year(B) More than their profits during previous year(C) Of the total capital of the company(D) Less than the total expenditure of the companies

3. As per the news published in various news papers Pakistan has imposed 15 per cent regulatory duty

on exports of cotton yarn. Why countries are required to impose regulatory duties on exports of someof their commodities while in the eyes of the layman more exports means more foreign exchange andmore revenue for the Govt.?1. It is done to control the exports of a commodity as it may be needed more in local markets than in

foreign countries.2. It is done to control the general inflation in the country as the inordinate exports of various

commodities create imbalance and also cost push inflation.3. It is a good short time measure to collect more revenue from the exports of the commodity which

is in high demand in overseas markets.(A) Only 1(B) Only 2(C) Only 3(D) All 1, 2 and 3

4. As per the reports published in some major news papers ‘ADAG companies’ made good profitsduring the year. ADAG companies are popularly known as-(A) Companies owned by Tata Group(B) Aditya Birla Companies(C) Relliance Companies(D) Companies owned by Aptech

5. ONGC – Mittal Energy finds hydrocarbons in two blocks OPL-279 & OPL in Nigerian sea was thenews in some major news papers. What is the full form of the term OPL as used in the above head

line?(A) Oil Prospecting License(B) Ownership and Partnership Lease(C) Overseas Private Line(D) ONCG Petroleum Ltd.

6. “Mutual Funds reported exceptional performance in 2009-10 was the news in major financial newspapers recently. What is a mutual fund?1. A type of collective investment scheme that pools money from many investors and invest it in

stocks, bonds or other money market instruments.2. It is a subsidiary of a bank or financial company created specially to ralse money to be invested in

a particular industry i.e. housing or insurance etc. The money raised thus cannot be invested

anywhere else.3. When several banks and financial companies come together and create a common pool of money

to fund mega Infrastructural project like bridges, roads, power plants etc. the common pool isknown as Mutual Fund.



(A) Only 1(B) Only 2(C) Only 3(D) All 1, 2 and 3

7. As we all know the Bank Rate at present is fixed at 6%. What does it mean in context to the bankingoperations?

(A) No bank will be able to give loan to any party on a rate lower than the Bank Rate(B) Bank should give loan to their priority sector customers/borrowers at the rate of 6% only. They

cannot charge less or more than this from their priority sector clients(C) Banks are required to invest 6% of their total capital on financial inclusion and inclusive banking

operations(D) Banks will be required to give 6% of their total deposits to the Govt. of India for meeting its

Balance of Trade requirements

8. As per the reports in various news papers many private companies are trying to obtain the licenses tolaunch banking company in India. Which of the following organizations/agencies issue the license forthe same?(A) Securities & Exchange Board of India (SEBI)

(B) Indian Institute of Banking & Finance (IIBF)(C) Indian Bank Association(D) None of these

9. We very frequently read about Europe’s Sovereign-debt crisis these days. Which of the followingstatement/s is/ are true about the same?1. In early 2010 the Euro crisis developed in some countries like Greece, Spain and Portugal.2. This created a credit default swap between the countries of the European Union.3. SAARC countries have offered some assistance to some of severely affected countries likePortugal, Spain & Greece.(A) Only 1

(B) Only 2(C) Only 1 and 2(D) All 1, 2 and 3

10. As we all know the RBI has raised the Cash Reserve Ratio (CRR) by 25 bps. in April 2010. Whataction banks will have to take to implement the same?1. They will have to deposit some more money with the RBI as reserved money.2. Banks will be required to give some more loan to projects of the priority sector.3. Banks will be required to give loan equivalent to the CRR to the Govt. of India for its day to dayexpenditure as and when required.(A) Only 1(B) Only 2

(C) Only 3(D) Only 1 and 2

11. As per estimates given by the RBI the Economic Growth during the year 2010-11 will be at which of the following levels?(A) 6.5% (B) 7%(C) 7.5% (D) 8%

12. Which of the following is/are correct about the RBI’s credit policy announced in April 2010?1. Repo rate raised by 25 bps2. A new reporting platform was introduced for secondary market transactions in Certificate of

Deposits (CDs) and Commercial Papers (CPs).

3. Core Investment Companies (CICs) having asset sizes of Rs. 100 crore are required to registeralso with the RBI.

(A) Only 1(B) Only 2



(C) Only 3(D) All 1, 2 and 3

13. As per the announcement made by the RBI some Stock Exchanges in India are allowed to introducePlain Vanilla Currency options. The term Plain Vanilla Currency Options is associated with which of the following activities / operations?(A) Dollar – Rupee Exchange Rate

(B) Floating of Commercial Papers(C) Launch of new mutual funds(D) Deciding the opening price of a share on a particular business day

14. Which of the following is not a term related to banking/finance operations?(A) Provision Coverage Ratio(B) Securitization(C) Consolidation(D) Commodification

15. The process of “Artificial Application of Water to the soil usually for assisting in growing crops”, istechnically known as-

(A) Water harvesting(B) Irrigation(C) Water recharging(D) Percolation(E) None of these

16. As per the news published in major news papers/journals henceforth the Credit Card holders will beable to access their credit card information though automated interactive voice response system overthe phone instead of speaking to the staff. This decision of the banks/credit card companies willprovide-1. An additional hurdle to the customers as people feel comfortable in talking to the staff instead of

talking to a machine2. An additional security to the customers as this does not allow any staff to handle any transactiondirectly.

3. Some comfort to the banks as they will be able to reduce their staff strength.(A) Only 1(B) Only 2(C) Only 3(D) All 1, 2 and 3

17. The 34th National Game which were postponed several times are scheduled to be held in which of the following states?(A) Gujarat

(B) Kerala(C) Tamil Nadu(D) Jharkhand

18. Waste Water generates which of the following gases which is more powerful and dangerous thanCO2?(A) Nitrogen(B) Sulphur di-oxide(C) Hydrogen(D) Methane

19. Which of the following days was observed as World Water Day 2010?(A) 20th June

(B) 22nd July(C) 22nd March(D) 20th May



20. Late Vinda Karandikar who dies a few months back was a famous-(A) Author(B) Cine-Actor(C) Sportsman(D) Classical Singer

21. As per the reports published recently the Govt. of India has decided to create a separate agency /

body scrutinize all ForeignDirect Investments (FDIs) officially. Up till now the security screening was being done by the-(A) Ministry of Foreign Affairs Govt. of India(B) Ministry of Home Affairs Govt. of India(C) Securities & Exchange Board of India(D) Ministry of Finance, Govt. of India

22. As per the news reports in various news papers the USA has outlined some major policy goals toprevent the danger of nuclear terrorism. Which of the following is/are included in those policygoals?1. Convene a nuclear security summit within a year’s time under the leadership of USA.2. A new agreement/pact should be introduced in place of present Nuclear Non Proliferation Treaty

(NPT).3. Call for a global effort to secure all nuclear weapons at all vulnerable site all over the world.(A) Only 1(B) Only 2(C) All 1, 2 and 3(D) Only 2 and 3

23. ‘Indira Gandhi Canal’ which is around 450 km long provide irrigation facility mainly to which of thefollowing states?(A) Punjab(B) Haryana

(C) Madhya Pradesh(D) Rajasthan

24. Former caption of the Indian Cricket team, Ajit Wadekar is conferred which of the following awardsfor the year 2010?(A) Bharat Ratna(B) Khel Shri Award(C) Dronacharya Award(D) None of these

25. Who amongst the following is the director of the popular Hindi film “Oye Lucky! Lucky Oye”?(A) Mani Ratnam

(B) David Dhavan(C) Dibankar Banerje(D) R. Balakrishnan

26. India recently signed an agreement to import Liquefied Natural Gas (LNG) from a country which isthe largest LNG producer and supplier of the world. Which is that country?(A) Kuwait (B) Qatar(C) Iran (D) Saudi Arabia

27. As a measure to help countries hit by global financial meltdown the RBI has purchased notes worthUS $ 10 billion in terms of Special Drawing Rights from a World Organisation/agency. Which isthis agency/organization?

(A) Federal Reserve of U.S.A.(B) Asian Development Bank (C) World Bank (D) International Monetary Fund



28. Which of the following is not a public sector undertaking under the Ministry of Defence, Govt. of

India?(A) Mazagaon Dock Ltd.(B) Garden Reach shipbuilders and Engineers Ltd.(C) Bharat Heavy Electricals Ltd.(D) Hindustan Aeronautics Ltd.

29. Which of the following states won the senior National Women’s Football Tournament 2010?(A) Manipur(B) Assam(C) Tamil Nadu(D) Kerala

30. Which of the following is not a missile developed by the Defence Research and DevelopmentOrganisation (DRDO)?(A) Shaurya (B) Pinaka(C) Brahmos (D) Agni

31. Which of the following declarations/treaties was adopted by the BRIC countries recently to promoteGlobal food Security?(A) Moscow Declaration(B) Doha Treaty(C) Delhi Declaration(D) Kabul Treaty

32. Which of the following statements represent(s) the main objective(s) of the revised National HealthPolicy-2002 of the Govt. of India?

1. Increase Public expenditure from 0.9 per cent to 2 per cent of the GDP.2. Setting up of Medical Grants Commission for funding new Govt. Medical & Dental colleges.

3. Mandatory two years rural posting before awarding the degree to Medical Graduates.(A) Only 1(B) Only 2 and 3(C) Only 3(D) All 1, 2 and 3

33. Which of the following metals is used for generation of nuclear Energy by most of the NuclearPower Plants?(A) Zinc (B) Platinum(C) Uranium (D) Nickel

34. Indus Water Treaty is a pact on sharing of river water between India and-

(A) Bangladesh(B) Pakistan(C) Nepal(D) Afghanistan

35. The Union/Cabinet recently cleared Prohibition of unfair Practices in Technical Medical EducationalInstitutes and Universities Bill 2010. As per the bill which of the following will now be treated as acognizable offence?(A) Accepting capitation fee from the students(B) Running a private college(C) Not allowing students to change their course in between(D) Running a college without proper facilities

36. Which of the following is/are considered a Renewable Source of Energy?1. Wind Energy2. Solar Energy



3. Nuclear Energy(A) Only 1(B) Only 2(C) Only 3(D) Only 1 and 2

37. Which of the following countries is not amongst the top ten in industrial production in the world

during 2010?(A) India (B) Iran(C) China (D) France

38. Commonwealth Games 2010 are being organized in which of the following countries?(A) Australia(B) South Africa(C) India(D) New Zealand

39. Which of the following is not a banking related term?(A) Radiation

(B) Outstanding amount(C) Benchmark Prime Lending Rate(D) Explicit Guarantee

40. Insurance service provided by various banks is commonly known as-(A) Investment Banking(B) Portfolio Management(C) Merchant Banking(D) Banc assurance

41. Who amongst the following has recently taken over as the Chairman of the 19th Law Commission?

(A) Mr. A. R. Lakshmanan(B) Mr. P. V. Reddy(C) Mr. Yashwant Sinha(D) Mr. Ranjan Bharti Mittal

42. Moortidevi Award is given for excellence in the field of-(A) Classical dance(B) Literature(C) Classical music(D) Cinematography

43. Which of the following terms is used in the game in Cricket?

(A) Love(B) Tee(C) Penalty stroke(D) No Ball

44. Which of the following awards is given by an agency of the United Nations Organization?(A) Norman Borlaug Award(B) Kalinga Prize(C) Ramon Magsaysay Award(D) Pultizer Prize

45. Which of the following countries won the Hockey World Cup 2010?

(A) Spain (B) England(C) India (D) Australia



46. Who amongst the following is the author of the English novel ‘solo’, which was given CommonWealth Writers’ Prize 2010?(A) Aamer Hussain(B) Jonathan Tel(C) Rana Dasgupta(D) John Torrence Tate

47. Mr. Surjit Patar who was awarded Saraswati Samman recently is a well known poet of-(A) Hindi (B) English(C) Punjabi (D) Urdu

48. Which of the following is the book written by Kiran Desai?(A) The Inheritance of loss(B) A Passage to England(C) Affluent Society(D) All my Yester Years

49. Which of the following Trophies/cups is associated with the game of Hockey?(A) Durand Cup

(B) Santosh Trophy(C) Rangaswami Cup(D) Ranji Trophy

50. Sandra Bullock who was awarded Oscar recently is a famous-(A) Actress(B) Director(C) Music Composer(D) Screen play writer

51. Consider the following statement about OVL:

1.

ONGC Videsh Limited wholly owned subsidiary company of ONGC Limited2. Presently OVL is producing oil and gas in Sudan (Greater Nile Oil Project)Select the correct answer from the Codes given below:Code:(A) 1 only (B) 2 only(C) Both 1 and 2 (D) Neither 1 nor 2

52. In which among the following states, world’s largest solar steam cooking system installed?(A) Tamil Nadu (B) Andhra Pradesh(C) Karnataka (D) Kerala

53. India’s position in wind power generation is

(A) 4th

(B) 5th

(C) 6th (D) 3rd

54. The North Eastern Electric Power Corporation Ltd is located at(A) Guwahati (B) Aizwal(C) Shillong (D) Kohima

55. Which of the following Hydroelectric Power Projects is/ are implemented by NHPC Ltd?1. Omkareshwar2. Loharinag Pala3. Tapovan- Vishnugad4. Rupsiabagar Khasiyabara

Code:(A) 1, 2, 3,4 (B) 2, 3, 4(C) Only 1 (D) Only 3



56. Match List-I with List-II and chose correct answer from Codes:List-I (Power projects) List-II (States/Countries)a. Devighat HEP 1. Bhutanb. Kurichu HEP 2. Andaman & Nicobarc. Kalpong HEP 3. Nepald. Omkareshwar HEP 4. Madhya PradeshCode:

a b c d(A) 3 1 4 2(B) 4 2 1 3(C) 2 3 4 1(D) 3 1 2 4

57. Consortium of NTPC Ltd. Canoro Resource Ltd. and Geo Petrol International has been allotted anoil exploration block in(A) Andhra Pradesh (B) Gujarat(C) Assam (D) Arunachal Pradesh

58. The first hydroelectric project of NTPC Ltd is

(A) Koldam HEP (HP)(B) Nathpa-Jhakri HEP (HP)(C) Vishnugad-Tapovan (Uttarakhand)(D) Chungar Chal HEP (Uttarakhand)

59. Rajiv Gandhi Grameen Vidyutikaran Yojana is implemented by(A) Power Grid Corporation of India Limited(B) NTPC Ltd(C) NHPC Ltd(D) Rural Electrification Corporation

60. Match

List-Iwith

List-IIand chose correct answer from

Codes:List-I (HEP projects) List-II (Rivers)

a. Tehri 1. Alaknandab. Omkareshwar 2. Tonsc. Vishnugad Pipalkoti 3. Narmadad. Kishau 4. BhagirathiCode:

a b c d(A) 1 2 3 4(B) 2 3 1 4(C) 4 3 1 2(D) 4 3 2 1

61. OVL has 25% interest in the Greater Nile Project in(A) Sudan (B) Egypt(C) Ethiopia (D) Uganda

62. Match List-I with List-II and chose correct answer from Codes:List-I(Source of Energy) List-II (estimated Potential)a. Wind Power 1. 45,000 MWb. Small Hydro Power 2. 15,000 MWc. Biomass 3. 66,000 MWd. Solar Photovoltaic Power 4. 5,000 MW

Codes:a b c d

(A) 1 2 4 3(B) 2 1 3 4



(C) 2 1 4 3(D) 1 2 3 4

63. Consider the following statements:1. 3.75 MW capacity tidal power project is being implemented at Durgaduani creek in the

Sunderbans area2. The main objective of the project is to supply power to 11 remote villages of Gosaba and Bali

Bijaynagar islands3. ‘Teraview’, is a TV programme telecasted by Doordarshan on Renewable Energy Programme4. National Function of Rajiv Gandhi Akshay Urja Diwas 2008 was held at HaryanaCodes:(A) 1,2,3 are correct(B) 1,3,4 are correct(C) 1 and 4 are correct(D) 1,2,3,4 are correct

64. Arrange the following in descending order according to their share in total power generation:1. Hydro Electricity2. Thermal Electricity

3. Renewable Electricity4. Nuclear PowerCodes:(A) 1,2,3,4 (B) 2,1,3,4(C) 2,1,,4,3 (D) 1,2,4,3

65. Which one of the following statement is not a feature of the Electricity Act, 2003?(A) License is required for generation and distribution in rural areas(B) Generation Has been delicensed and captive generation freely permitted(C) Setting up of the State Electricity Regulatory Commission in made mandatory(D) Metering of electricity supplies is made mandatory

66. Consider the following statements:1. Power Grid has envisaged establishing an integrated National Power Grid in the country in a

phased manner by the year 2012.2. First phase of the National Grid was completed in 2002 and the second phase would be

completed by the year 2007.Codes:(A) Both 1 and 2 are correct(B) Both 1 and 2 are incorrect(C) Only 1 is correct(D) Only 2 is correct

67. Which of the following statement about Accelerated Power Development Reforms (APDRP)Programme is/are correct?1. Central Government provides additional assistance to states for upgradation of subtransmission

and distribution network.2. An incentive equal to actual cash loss reduction by SEBs/ Utilities is provided as grant.Codes:(B) 1 and 2 (B) 1 only(C) 2 only (D) Neither 1 nor 2

68. Which of the following projects are undertaken by Satluj Jal Vidyut Nigam Limited?(A) Nathpa Jhakri Hydroelectric Project(B) Rampur Hydroelectric Project

(C) Both (A) and (B)(D) Neither (A) nor (B)



69. Consider the following statement about NTPC (National Thermal Power Corporation) and statewhich are incorrect?1. NTPC is a schedule ‘A’ Navratna company2. NTPC was incorporated in November 1975.3. NTPC has under operation/implementation coal based thermal power plants at thirteen location

and combined cycle gas power projects at seven locations.4. Besides its own stations, NTPC also manages the Badarpur Thermal Power Station (BTPS).

Codes:(A) 1 and 2 only (B) 2 only(C) None (D) 2 and 4

70. Consider the following statements:1. The Power Grid Corporation of India Limited (PGCIL) was incorporated as a Government

enterprise on 23rd October 1989 for establishment and operation of regional and national powergrids.

2. The Power Grid Corporation of India Limited (PGCIL) is a Schedule ‘A’ Navratna Company.

Codes:(A) Both 1 and 2 are correct

(B) Both 1 and 2 are incorrect(C) Only 1 is correct(D) Only 2 is correct

71. Consider the following statements:1. Presently about 80% of the power generation in the country is being transferred over Power Grid

transmission network.2. Power Grid is in the process of establishing an integrated National Power Grid in the country ina

phased manner by 2012.Codes:(A) Both 1 and 2 are correct

(B) Both 1 and 2 are incorrect(C) Only 1 is correct

(D) Only 2 is correct

72. The Central Electricity Regulatory commission (CERC) was set up as an independent statutory bodywith quasi-judicial power on(A) 25th July 1997(B) 25th July 1998(C) 25th July 1999(D) 25th July 2000

73. Match List-I with List-II and chose correct answer from Codes:

List-I (Power Corporations)a. National Thermal Power Corporationb. Power Grid Corporation of India Limitedc. Rural Electrification Corporation Limitedd. Power Finance Corporation Limited

List-II (Year of incorporation)1. 1989 2. 19693. 1975 4. 1986Code:

a b c d(A) 4 3 2 1

(B) 3 1 2 4(C) 1 3 4 2(D) 1 2 3 4



74. Consider the following statements about North- Eastern Electric Power Corporation Limited(NEEPCO) and state which are correct?1. NEEPCO currently meets more than 60% of the energy requirement of he North-Eastern region.2. NEEPCO is an ISO 9001:2000 company with its corporate office at Shilllong.



75. Consider the following statements:1. The Damodar Valley Corporation (DVC) is the first multipurpose river project set up in July

1948.2. The DVC’s main projects include four dams at Maithon, Panchet, Tilaiya, and Konar with

connected hydroelectric power station (except at Kinar).



76. Consider the following statements:1. Central Power Research Institute (CPRI) serves as a National Laboratory to carry out applied

research in Electrical Power Engineering.2. CPRI also functions as an independent National Testing and Certification Authority for

Electrical Equipments for ensuring their reliability and improves, innovates and develops newproducts and processes

3. CPRI has been given ‘Observer Status’ in the group of Short-Circuit Testing Liaison (STL) of

Europe.Codes:(A) 1 and 2 are correct(B) Only 2 is correct(C) 2 and 3 are correct(D) All the above are correct

77. Which of the following are the functions of Central Electricity Regulatory Commission (CERC)?1. Regulating the tariff of generating companies owned and controlled by the Central and State

Governments.2. Inter-state transmission of electricity and determining tariff for it.

Codes:(A) Both 1 and 2 are correct(B) Both 1 and 2 are incorrect(C) Only 1 is correct(D) Only 2 is correct

78. Consider the following statements:1. The Ministry of Non-conventional Energy Sources is implementing a programme since 2001-02

for electrification of remote villages through renewable energy means.2. World’s largest solar steam cooking system for cooking food for 15,000 people was installed in

October 2002 at Tirumala in Andhra Pradesh.Codes:

(A) Both 1 and 2 are correct(B) Both 1 and 2 are incorrect(C) Only 1 is correct(D) Only 2 is correct



79. Consider the following statements:

1. GAIL has an equity participation with IOC, ONGC and BPCL in M/S Petronet LNG Limited forsetting up LNG terminals at Dahej in Gujarat and Kochi in Kerala for import of LNG in thecountry.

2. GAIL has joined a consortium, namely, Gujarat State Energy Generation Limited (GSEG) of Gujarat State Enterprises and KRIBHCO for a 156 MW gas-based power plant at Hazira in

Gujarat.3. GAIL entered into a joint venture agreement with HPCL to distribute Piped Natural Gas. CNG

and auto LPG in the cities of Andhra Pradesh and the joint venture has been incorporated asBhagyanagar Gas Limited.

Codes:(A) 1 and 2 are correct(B) Only 2 is correct(C) 2 and 3 are correct(D) All the above are correct

80. Consider the following statements:1. India leads the world in application of family size biogas plants and improved wood stoves.

2. The Special Area Demonstration Programme (SADP) aims at demonstrating renewable/non-conventional energy systems and devices in all parts of the country.



1.

The importance of renewable energy was recognized in the country in the early 1970s.2. Marketing outlets namely “Aditya Solar Shops” have been set up in major cities and towns witha view to promoting sale of renewable energy systems and devices, services and repair of suchsystems devices.


82. Which of the following statements about INDIA-CHEM 2006 is/are correct?1. Germany participated as the focus country with 16 German companies taking part

2. Japan was the guest country and 14 major Japanese companies participated3. Italy was a partner country and 24 Italian companies participated

Code:(A) 1,2 and 3 (B) 1 and 2(C) 2 and 3 (D) 2 only

83. In which of the following sector FDI was prohibited?1. Retail trading (except single brand product retailing)2. Nidhi company3. Trading in Transferrable Development Rights (TDRs)4. Business of chit fund

Code:(A) 2 and 3 (B) 3 and 4(C) 1 and 4 (D) 1,2,3,4






1. The average consumption of fertilizers in India is much lower than Pakistan and Bangladesh2. India is the largest producer of nitrogenous fertilizers

Codes:(A) 1 and 2 are correct

(B) 1 and 2 incorrect(C) Only 1 is correct(D) Only 2 is correct

91. The Neem Project was implemented at which of the following places?(A) Nimpith and Nagpur(B) Raiganj and Yavatmal(C) Bhatida and Ambala(D) Baghpet and Nadiad

92. Manufacturing unit of Indian Drugs and Pharmaceuticals Limited is not located at which of thefollowing places?

(A) Rishikesh (B) Hyderabad(C) Gurgaon (D) Noida

93. Match List-I with List-II and chose correct answer from Codes:List-I (Copper complex) List-II (States)a. Taloja 1. Maharashtrab. Khetri 2. Rajasthanc. Malanjkhand 3. Madhya Pradeshd. Indian 4. JharkhandCodes:

a b c d

(A) 1 2 4 3(B) 2 1 3 4(C) 2 1 4 3(D) 1 2 4 3

94. Match List-I with List-II and chose correct answer from Codes:List-I List-II

(Institutions) (Locations)a. Central Institute of Plastics Engineering 1. Pimpri

And Technologyb. National Institute of Pharmaceutical 2. Chennai

Education and Research

c. Hindustan Antibiotics Limited 3. Nagpurd. Indian Bureau of Mines 4. Maholi

Codes:

a b c d(A) 4 2 1 3(B) 2 4 1 3(C) 2 4 3 1(D) 4 2 3 1

95. Consider the following statements:1. FDI upto 100% under the automatic route is permitted in Construction Development Projects

2. FDI has been allowed upto 100% on the automatic route in power trading3. FDI upto 74% is allowed with prior Government approval in Air Transport Services4. FDI upto 100% is allowed on the automatic route in Greenfield Airport ProjectWhich of the above statement are correct?



Code:(A) 1,2,3 and 4 (B) 1,2 and 4(C) 1,3 and 4 (D) 2 and 3

96. Which one of the following statement is not correct?(A) The per capita consumption of paper in India is at 7.9 kg(B) The Rubber Goods manufacturing industry is in the exempted from industrial licensing

(C) 90% of the production of laundry soap is in the large scale sector(D) Indian textile contribute 4% to the GDP

97. Match List-I (Institution) with List-II (Location) and select the correct answer from the Codes given below the lists:List-I List-IIa. Mahatma Gandhi Institution 1. Nagpur

Of Rural Industrializationb. National Institute for Micro, 2. Wardha

Small and Medium Enterprisesc. Mineral Exploratrion Corporation 3. Hydrabad

Ltd.

d. Hindustan Zinc Limited 4. Udaipur

Codes:

a b c d(A) 2 3 1 4(B) 3 2 1 4(C) 3 2 4 1(D) 2 3 4 1

98. Consider the following statements:1. Karnataka is the leading state in the reserve of limestone

2.

Rajasthan accounts for about 51% of Mica resources3. Rajasthan is the main producer of gypsum4. About 92% of Nickel resources are found in Orissa

Select the correct statement (s):(A) 1,2 and 3 (B) 1,3, and 4(C) 2 and 4 (D) 1,2,3 and 4

99. ‘Digana’ of Rajasthan is famous for:(A) Nickel (B) Lead and Zinc(C) Tungsten (D) Copper

100. Consider the following statements:1. Indian chemical sector accounts for 13-14% of total exports and 8-9% of total imports of the

country2. India is the 12th largest in the world and 3rd largest in Asia in term of volume in chemical

productionSelect the correct statement (s):

Code:(A) 1 Only (B) 2 Only(C) Both 1 and 2 (D) Neither 1 nor 2

101. Consider the following statements:1. Indian is the second largest steel producing country in the world

2. In India, imports and exports of all items of iron and steel are freely allowedCodes:(A) 1 and 2 are correct(B) 1 and 2 incorrect



(C) Only 1 is correct(D) Only 2 is correct

102. Which of the following countries is the largest producer of milk in the world?(A) China (B) USA(C) India (D) Malaysia

103. Hindustan Zinc Limited operates to develop mining and smelting capacities to substantially meetthe domestic demand of (A) Zinc and Chromium(B) Zinc(C) Nickel and Zinc(D) Lead and Zinc

104. Consider the following statements:1) Sharmila Tagore is the Chairperson of Central Board of Film Certification2) Nanditha Das is the Chairperson of children’s Film SocietyWhich of the above statements is / are correct?A) 1only

B) 2onlyC) Both1and2D) Neither 1 nor 2

105. Consider the following statements:1. NAM News Networks situated at Kuala Lumpur Kuala Lumpur2. Malaysian New Agency Bernama is at present handling the operation of website from Kuala

LumpurWhich of the above statements is/are correct?A) 1onlyB) 2only

C) Both 1and2D) Neither1nor2

106. Considered the following statements:1. Press Council of India is a statutory quasi judicial body2. Press Council of India comprises a chairman and 28 membersWhich of the above statements is/ are correct?

A) 1 onlyB) 2 onlyC) Both 1and2D) Neither 1nor2

107. Considered the following statements about National Press Day 2008:1. National Press Day, 2008 was dedicated to “Women and Media”2. President of India Pratibha Patil inaugurated the celebrations in DelhiWhich of the above statements is /are correct?A) 1onlyB) 2onlyC) Both1 and 2D) Neither 1nor 2

108. Match List -! With List-2 and select the correct answer from the Codes given below:List 1 List-2 a. Searchlight 1. Lucknow

b. Tej 2. Nagpurc. Hitavada 3. Delhid. Pioneer 4. Patna



Code:a b c d

A) 1 2 3 4B) 4 3 2 1C) 1 2 4 3D) 4 3 1 2

109. Match List 1 with List-2 and select the correct answer from the Codes given below:List-1 List-2 a. Bild 1. Bangladeshb. Dawn 2. Great Britainc. Morning News 3. Australiad. The Times 4. PakistanCode:

a b c dA) 4 1 3 2B) 3 4 2 1C) 4 1 2 3D) 3 4 1 2

110. Match List-1with List-2 and select the correct answer from the Codes given below:List-1 List-2

a. Agency Europe 1. USAb. United Press International 2. Czech Republicc. Novinska Agencija Tanjug 3. Swedend. Norsk Press Service 4. BelgiumCode

a b c dA) 2 3 4 1B) 4 1 2 3

C) 2 3 1 4D) 4 1 3 2

111. in which of the following countries ASHDOD International Film Festival was held?A) LebanonB) IsraelC) EgyptD) Syria

112. In which among the following places Indian Institute of Mass Communication centers located1. Denkanal2. Dimapur

3. Kottayam4. JhabuaCode:

A) 1,2and4B) 2,3and4C) 3and 4D) 1, 2,3and 4

113. Match List-1 with List-2 and choose the correct answer from Codes given below:List-1 List-2

a. Satyajit Ray Film and Television Institute 1. Dhenkanalb. Film and Television Institute of India 2. Mumbai

c. Films Division 3. Kolkatad. Indian Institute of Mass Communication 4. PuneCodes:

a b c d



A) 3 4 1 2B) 1 2 3 4C) 3 4 2 1D) 4 3 1 2

114. The permanent venue of India International Film Festival (IIFF) isA) Mumbai

B) KolkataC) GoaD) Chandigarh

115. Consider the following statements:1. Orissa publishes newspapers in 18 out of 23 principle languages2. Maharashtra publishes the largest number of newspapers in IndiaSelect the correct statement:A) 1 onlyB) 2onlyC) Both1 and2D) Neither 1 nor 2

116. Consider the following statements1. Press council of India (PCI) is an autonomous body with equal quasi –judicial authority2. Non-aligned News Agencies Pool (NANAP) was set up in 1976Select the correct statements:a) 1 onlyb) 2 onlyc) Both1 and2d) Neither 1nor2


1. The Song and Drama Division of the Information and Broadcasting Ministry was set up in 1954 asa unit of All India Ratio2. The Indian Institute of Mass Communication branch at Dhenkanal is fully functional since August

19933. The Directorate of Field Publicity is the largest rural oriented interpersonal communication

medium in the countryChoose the correct statements:A) 1, 2 and 3B) 1and 2C) 1and 3D) 2 and 3

118. Consider the following statements:1. As an electronic ambassador, the External Service Division (ESD) of AIR has been a vital link

between India and the rest of the world, especially with those countries where the interests of India are intertwined because of Indian population staying in those countries.

2. External Service Division was the proud recipient of the ABU Prize Commendation for itsDocumentary entitled “Bridging Distance” in the year 2003. The programme focused on thepioneer work being done by IIT, Kanpur, in linking the villages which are still bereft of electricityand power, through internet on an innovative Infothela.

Codes:A) Both1 and2 are correctB) Both 1 and 2 are in correctC) Only 1 is correct

D) Only 2 is correct

119. Prasar Bharati came into existence onA) 23rd November 1996



B) 23rd November 1997C) 23rd November 1998D) 23rd November 1999

120. Consider the following statements:1. There is Community Radio Centre set up at 5 places in the North-East India to serve the local tribal

people

2. The Community Radio Centre has still not established them in full operational mode.Codes:A) Both 1and 2 are correctB) Both 1 and 2 are in correctC) Only 1 is correctD) Only 2 is correct

121. In order to tap a vast reserve of resources in its two organizations –AIR and Doordarshan—PrasarBharati has established AIR resources as an independent profit centre in the yearA) 2000B) 2001C) 2002

D) 2003

122. The first Doordarshan telecast in India originated from a makeshift studio in the Akashvani Bhawan,New Delhi inA) 1957B) 1958C) 1959D) 1960

123. Consider the following statements:1. The National Channel of All India Radio was commissioned on 18 th May 1988

2. National channel is essentially a morning service from 6:10 AM to 6:50 PM.3. National channel provides programme of nationwide interest and relevance including nationaldebate on vital issues.

Codes:A) Only 1 is correctB) Only 3 is correctC) Only 2 and 3 are correctD) Only 1 and 3 are correct

124. ‘Indian Satellite Sports Channel’ was launched in the yearA) 1997B) 1998

C) 1999D) 2000

125. Consider the following statements:1. The Maithili news bulletin which was being broadcast thrice a week from AIR, Darbhanga has

been made a daily news bulletin from 16th August 2003.2. The ‘News –on-Phone’ service is provided by Delhi, Patna and Mumbai Stations.Codes:A) Both 1 and 2 are correctB) Both 1 and 2 are incorrectC) Only 1 is correctD) Only 2 is correct

126. Which of the following places does not have a marketing division of Prasar Bharati?A) MumbaiB) Kolkata



C) MysoreD) Chennai

127. Consider the following statements:1. The commercial advertisements were introduced on Doordarshan from 1st January 19762. Doordarshan telecasts advertisements for goods and services, but the acceptance is governed by a

comprehensive advertising code

Codes:A) Both1 and 2 are correctB) Both 1 and 2 are incorrectC) Only 1 is correctD) Only 2 is correct

128. Doordarshan opened its windows to the world by launching its international channel onA) 14th March 1994B) 14th March 1995C) 14th March 1996D) 14th March 1997

129. Satellite education channel ‘Gyandarshan’ was introduced by the Doordarshan in the year.A) 26th January 2002B) 15th Aaugust2002C) 26th January 2001D) 15th August 2001

130. The office of the Registrar of Newspapers for India (RNI) came into being onA) 1st January 1954B) 1st July 1956C) 1st July 1954D) 1st January 1956

131. Consider the following statements:1. The largest number of newspapers and periodicals registered in any Indian Language is in Hindi

(24,927)2. The state with the second largest number of registered newspapers is Delhi (8,545)Codes A) Both 1 and2 are correctB) Both 1 and 2 are incorrectC) Only 1 is correctD) Only 2 is correct

132. Doordarshan Archives was formally launched on

A) 9th

January 2001B) 9th January 2002C) 9th January 2003D) None of the above

133. Consider the following statement:1. PTI is India’s largest news agency.2. PTI, founded on 27th August 1947, began functioning from 1st February 1949.3. PTI is a non profit sharing co-operative owned by newspapers to provide efficient unbiased news

to subscribers.Codes:A) 1, 2 are correct

B) 1, 3 are correctC) 2, 3 are correctD) All the above are correct



134. Consider the following statements:1. ‘Asia Pulse International ‘is a Singapore – registered company, formed by PTI and five other Asian

media organizations to provide online data bank on economic developments and businessopportunities.

2. PTI is also a participant in Asian net, a cooperative arrangement among 12 news agencies of AsiaPacific Region, for distribution of corporate and government press releases

Codes:

A) Both1 and 2 are correctB) Both 1 and 2 are incorrectC) Only 1 is correctD) Only 2 is correct

135. Consider the following statements:1. The press Information Bureau (PIB) is the nodal agency of Central Government to disseminate

information to the print and electronic media on government policies, programme initiatives andachievements.

2. United News of India is a regional branch of PTI.Codes:A) Both 1and 2 are correct

B) Both 1 and 2 are incorrectC) Only 1 is correctD) Only 2 is correct

136. Consider the following statements:1. UNI distributes world news from Reuters, the world’s largest information company.2. UNI is the first Indian news agency to deliver its entire news services in English and Hindi as well

as Photo Service through the InternetCodes:A) Both 1 and 2 are correctB) Both 1 and 2 are incorrect

C) Only 1 is correctD) Only 2 is correct

137. Match List 1 with List 2 and choose the correct answer from the Codes given below the lists.List-1 (Country) List-2(New Agency)

a. China 1. RIA Novostib. Russia 2. Xinhuac. Turkey 3. WAMd. United Arab Emirates 4. AnadoluCodes:

a b c dA) 2 3 4 1

B) 2 1 4 3C) 2 1 3 4D) 2 3 1 4

138. Consider the following statements:1. The Non-Aligned News Agencies Pool (NANAP) is arrangement for exchange of news among the

news agencies of non-aligned countries that were for long victims of imbalances and bias in theflow of news

2. KUNA is a news agency of OmanCodes:A) Both 1 and 2 are correctB) Both1 and 2 are incorrect

C) Only 1 is correctD) Only 2 is correct



139. Consider the following statements and state which are incorrect about Non-Aligned News AgenciesPool (NANAP)?1. NANAP came into existence in 1976. India was the first chairman of NANAP,2. The Pool news is exchanged in four languages-English, French, Spanish and ArabicCodes:A) Only 1B) 1 and 2

C) All the aboveD) None of the above

140. Match List 1 with List 2 and choose the correct answer from the Codes given below the lists.List1 (Country) List 2 (News Agency)

1) Yugoslavia a) ONA2) Angola b) IRNA3) Iran c) Angop4) Oman d) TanjugCodes:

a b c dA) 1 2 3 4

B) 1 2 4 3C) 4 3 1 2D) 4 3 2 1

141. Consider the following statements:1) United News of India (UNI) was incorporated under the companies Act 1956 on 19 th December

1959 and started functioning effectively from 21st March 1961.2) UNI was the first news agency in India to launch a full – fledged Hindi wire service

‘UNIVARTA’ in 19823) UNI launched first ever wire service in Urdu in early 1990’s.Codes:

A) Only 1 is correctB) 1 and 2 are correctC) 2 and 3 are correctD) All the above are correct

142. Which among the following projects were funded by Japan government?1. Uttar Pradesh Buddhist Circuit Development Project

2. North Karanpura Thermal Power Plant

3. Ganga Action Plan

CodeA) 1, 2 and 3

B) 2 and 3

C) 1 and 3

D) 2 only

143. “ERASMUS MUNDUS” refers toA) Name given to economic recession in UK

B) This is a credit crunch situation during recession

C) A Finance agreement signed to pursue higher education in various universities of EU by Indian

student during the period 2005-09

D) A Finance Agreement between India and Italy

144. Which among the following bank has the largest number of branch outside India?A) India

B) Allahabad Bank



C) Bank of Baroda

D) Bank of India

145. Which among the following statement about Asian Development Bank is / are Correct?1. ADB’s headquarter is located Manila

2. ADB’s is an international partnership of 63 member nations

Codes: A) 1 Only

B) 2 Only

C) Both 1 and 2

D) Neither 1 nor 2

146. Which among the following country has the highest contribution of FDI inflow to India?A) Mauritius

B) USA

C) Japan

D) UK

147. Which one of the following state receives the highest quantum of FD Inflow?A) New Delhi

B) Mumbai

C) Bangalore

D) Hyderabad

148. Arrange the following in descending order in their contribution to indirect taxes in the year 2007 -20081. Service Tax

2. Customs Duty

3. Union Excise Duty

Codes: A) 3, 2 and 1

B) 2, 3 and 1

C) 1,2 and 3

D) 2, 1 and 3

149. Which of the following is / are true regarding Income Tax Code 2009-10?1. The basic exemption Limit has been raised to Rs. 160000

2. 10% tax for people who earns between Rs. 1600001-Rs 300001

Codes: A) 1 Only

B) 2 Only

C) Both 1 and 2

D) Neither 1 nor 2

150. Which among the following statement about National Investment Fund is/ are Correct?1. Aim of the fund is to Channelise the proceeds of disinvestment of Government equity in CPSEs

2. NIF was launched in 2005 -06

CodeA) 1 Only

B) 2 OnlyC) Both 1 and 2

D) Neither 1 nor 2



151. The service taxes were newly imposed on which among the following specified services?

1. Legal Consultancy Service

2. Cosmetic and Plastic Surgery Service

3. Service provided in relation to transport of goods by rail

Codes:A) 1 Only

B) 1 and 2

C) 2 and 3

D) 1, 2 and 3

152. Who among the following are member of “GISPA”?1. National Insurance Company Ltd

2. New India Assurance Company Ltd

3. Oriental Insurance Company Ltd

4. United India Insurance Company Ltd

Codes: A) 1, 2 and 3

B) 2,3 and 4

C) 3 and 4

D) 1,2,3 and 4

153. In which among the following place the National Institute of Bank Management Located?A) Mumbai

B) Hyderabad

C) Chennai

D) Pune

154. Consider the following statements1. The eligibility criteria for national old age pension scheme has been recently modified from “

who is 65 years and above and a destitute “ to one “ who is 65 years and above and belonging to

as household below the poverty line”

2. NOAPs is administered by the ministry of rural Development and the renamed and Indira Gandhi

National Old Age Pension Scheme

Codes:A) Both 1 and 2 are Correct

B) Only 1 is correct

C) Only 2 is correct

D) Both 1 and 2 are incorrect

155. Which of the following are the Functions of Capital market division?1. Institutional reforms in Securities markets

2. Building regularly and market institutions

3. Strengthening investor protection mechanism

4. Providing efficient Legislative Framework for securities markets

Codes:

A) 1 ,2 ,3 ,4B) 1 ,2 ,3

C) 1 ,2 ,4



D) 2 ,3 ,4

156. Match List-I with List-II and correct answer from the Codes given below:List –I (Direct Tax Acts) List –II (Year)

a. Income Tax Act 1: 1961

b. Wealth Tax Act 2: 1957

c. Fringe Benefit Tax Act 3:2004

d. Banking Cash Transaction Act 4:2005

Codes:a b c d

A) 1 2 4 3

B) 2 1 3 4

C) 1 2 3 4

D) 2 1 4 3

157. India and IMF joint training Program was established at the National Institute of Bank ManagementLocated at

A) JaipurB) Chandigarh

C) Pune

D) Manesar

158. RBI’s regional office which received maximum FDI inflows (FROM 2000 TO 2006) isA) Mumbai

B) Delhi

C) Hyderabad

D) Chennai

159. Consider the following statements:1. Weather based crop insurance scheme was started on a pilot basic in selected districts of

Karnataka

2. Agriculture Insurance Company of India (AICIL) is the implementer of the scheme with the

support of two private insurers namely ICICI Lombard and IFFCO Tokyo

Codes:A) 1 and 2 are correct

B) Only 1 is correct.


D) Both are incorrect

160. FDI is not prohibited in which of the following sector?A) Atomatic Energy

B) Retail Training

C) Aviation

D) Gambling and Betting

161. Consider the following statements:1. India is a founder member of IMF

2. India is represented at the IMF by an executive director , who also represents Bangladesh , Sri

Lanka and Bhutan

3. India’s it current quota in the IMF is SDR 4158.20 million. giving it a share holding of 11.95percent

Which of the above statements are correct?



A) 1 ,2 , 3

B) 1 and 2

C) 1 and 3

D) Only 1

162. Who is the Chairman of 13th Finance Commission?

A) Vijay L. KelkarB) P. Narasimahan

C) C .Rangarajan

D) B.N Srikrishna

163. Arrange the following in descending order of their Contribution to Forex reserves:1. External Commercial Borrowings

2. NRI deposits

3. Foreign Investment

4. Short term credit

Codes:

A) 1 ,2 ,3 ,4B) 3, 1, 2, 4

C) 1, 3, 2, 4

D) 1, 4, 3, 2

164. Which of the following are the Goals of “Bharat Nirman “?1. To Bring additional one lakh hectares under assured irrigation

2. To provide road connectivity to all villages that have population of 1000 (or 500 in hilly/ tribal

areas)

3. To construct 60 lakh additional houses for the poor

4.

To provide drinking water to the uncovered remaining 74,000 habitations5. To ensure electricity connection to 2.3 crore households

Codes:A) 1 ,2 ,4 ,5

B) 1, 2, 3 ,4

C) 2, 3, 4, 5

D) All the above

165. National Drinking Water Mission has been named asA) Jawahar National Drinking Water mission

B) Indira National Drinking Water missionC) Sardar Patel National Drinking Water mission

D) Rajiv Gandhi National Drinking Water mission

166. Consider the Following statements and chose the correct answer from the Codes:

1. National Rural Health Mission was Launched on 12 April 2005

2. More than 200.000 Associated Social Health Activist (ASHA)are likely to be fundamental under

National Rural Health Mission in 2006-07

Codes:A) Both 1 and 2

B) Neither 1 nor 2

C) Only 1

D) Only 2



167. Arrange the Following in Chronology1. Appropriation Act Passed by parliament

2. Discussion on Budget in both the houses of parliament

3. Estimates of expenditure from the consolidated fund of India are placed before the Lok Sabha in

the form of “ Demands for Grants”

4. Presentation of Budget

Codes:A) 1, 2, 3, 4

B) 3, 2 , 1, 4

C) 4, 2 , 3, 1

D) 4, 2, 1, 3

168. With a view to augmenting credit flow to small and poor borrowers, commercial banks were adviceby the Reserve Bank of India to Provide at least – per cent of their net bank credit or 25 per cent of their priority sector advance to weaker section , where individual credit limits do not exceed Rs.50,000.A) 12

B) 10C) 15

D) 5

169. Consider the following statements and choose the correct answer from the Codes:

1. As on 30 June 2006, eighteen Indian Banks-Twelve from the public sector and six from the

private sector had operation overseas

2. State Bank of India has the highest concentration of branches in foreign countries.


B) Neither 1 nor 2C) Only 1

D) Only 2

170. Consider the following statements and choose the correct answer from the Codes:

1. In July 2004, India and IMF Joint Training programme at the National Institute of Bank

Management was established in Pune

2. The RBI is the Nobel body to coordinate the trani9ng programme with IMF


B) Neither 1 nor 2

C) Only 1

D) Only 2

171. Investment Commission was set up in the yearA) 2000

B) 2002

C) 2004

D) 2006

172. Arrange the following Countries in descending order as per their FDI inflows in India:

1.

Netherlands2. USA

3. Mauritius



4. Japan

Codes:A) 2, 3, 1, 4

B) 2, 3, 4, 1

C) 3, 2, 1, 4

D) 3, 2, 4, 1

173. Arrange the following in descending order of their percentage of FDI inflows:1. Service Sector

2. Telecommunication

3. Electrical Equipments (Including Computer Soft Ware and electronic

4. Transportations industry

Codes:A) 1, 2, 3, 4

B) 3, 2, 4, 1

C) 3, 2, 1, 4

D) 2, 3, 1, 4

174. IRDA is related with which of the following Sector?A) Banking

B) Disinvestment

C) PWD

D) 0Insurance

175. Which of the following Article of the constitution of India prescribes that the accounts of the unionand state shall be kept in such from as the president may on the advice of Comptroller and AuditorGeneral of India Prescribe?A) Art 149

B) Art 150C) Art 151

D) Art 152

176. Which of the following Departments Comprise Ministry of finance?1. Economic Affairs

2. Expenditure

3. Revenue

4. Disinvestment

Codes:

A) 1, 2, 3B) 2, 3

C) 2, 3, 4

D) All the above

177. Consider the Following Statements:1. Estimates of expenditure from the consolidated fund of India are placed before the Lok Sabha in

the form of Demand for Grants

2. All withdrawals of money from the consolidated fund of India are authorised by withdrawal

Act passed by the parliament every year

3. Tax Proposals of Budget are embodied in a Bill which is passed as the “ Finance Act “ of the

year.Codes:A) 1, 2 are correct




C) 1, 3 are above are correct

D) All the above are correct

178. Consider the following statements:1. The Department of Economic Affairs is the Nodal department for procuring and coordinating

foreign assistance from multilateral / bilateral agencies2. The statements government and other agencies , if want to avail external assistance have to

forward their proposal to Department of Economic affairs through Central Administrative

Ministry

Codes:A) Both 1 and 2 are correct

B) Both 1 and 2 are Incorrect

C) Only 1 is Correct

D) Only 2 is Correct

179. The First Bank of limited liability managed by Indians was

A) Punjab National Bank B) Bank of Baroda

C) Oudh Commercial Bank

D) Imperial Bank of India

180. Consider the following statements:1. Punjab National Bank was established in the year 1881

2. The Banking Regulation ACT. 1949 provided the legal framework for regulation of the banking

system by RBI.


B) Both 1 and 2 are Incorrect

C) Only 1 is Correct


181. Consider the following statements:1. The largest bank , Imperial Bank of India was nationalized in 1995 and rechristened as State Bank

of India

2. Seven Associated Banks of state Banks of India were formed in 1959


B) Both 1 and 2 are IncorrectC) Only 1 is Correct


182. On 19th July, 14 major banks in the country were nationalsied six more Commercial Banks werenationalized fromA) 15th MAY 1979

B) 15th April 1980

C) 15th April 1981

D) 15th August 1980

183. Which of the following statements is/ are correct?1. Reserve Bank of India was established on Ist April 1949

2. Reserve Bank of India was nationalized on Ist January 1951



Codes:A) 1, 2 are correct

B) 1, 2 are incorrect



184. Consider the following statements about Reserve Bank of India and state which are correct?1. RBI is the sole authority for issue of currency in India including one-rupee coins and subsidary

coins and notes

2. RBI undertakes distribution of one rupee coin as well as small coins issued by the Government

3. RBI as a banker to the Central Government and state Government by virtue of agreements entered

into with them.

4. RBI handles the borrowing programme of the Central and state Governments

Codes:A) 1, 2

B) 1, 2 , 3

C) 2, 3, 4

D) All the above

185. Consider the following statements About Reserve Bank of India (RBI) and State which are Incorrect?1. RBI administers monetary policy with a view to ensuring price stability while promoting higher

production in the real sector through proper deployment of credit

2. RBI acts as an agent of the Government in respect of India’s membership of international

Monetary Fund

3. RBI regulatory and supervises Commercial Banking System Urban Cooperative Banks and Non –

Banking financial sector.

Codes:

A) 1, 3B) 2

C) All the above

D) None of the above

186. Commercial Banking System in India consists of A) 27 Scheduled banks

B) 286 Scheduled commercial banks (including foreign banks)

C) 286 Scheduled commercial banks (excluding foreign banks)

D) 223 Scheduled Commercial banks (including foreign banks )

187. Consider the following statements:1. Among the Public Sector Banks as on March 2006 , the nationalized banks group is the biggest

unit

2. The state Banks of India group (SBI and its seven associates) is the second largest unit.

3. The nationalized banks group accounts for around 67.3% of aggregate banking business

(aggregate of deposits and advance) conducted by the public sector banks and 48% of the

aggregate business of all scheduled commercial banks.

4. SBI group accounts for 32.7% of aggregate banking business conducted by the public sector

banks ( excluding all scheduled commercial banks


B) 1, 2 , 4 are correct

C) 1, 2, 3 are correct

D) All the above statements ate correct



188. A: The Fiscal Responsibility and Budget Management (FRBM) Act, 2003 came in to force on 5 t July

2004R: The Persistent Fiscal deficits and concomitant growth in the public debt burden has been identifiedas the most difficult challenges affecting the economic growth prospects.

189. A. On 19th July 1969. 14 banks in the country were nationalized by an Ordinance of Government B.

There was a need to bring Commercial Banks into mainstream economic development with definitesocial obligations objectives

190. A. A high level committee under the chairmanship of m Narasimahan on Financial system was setup on 14th August 1991 to examine all aspects relating to the structure Organization function andProcedure of the Financial System.B. Banking System development a number of rigidities and weakness during the late eighties.

191. A: - The Central Sales Tax Act 1956 is administered by the state who also collect and appropriatethe proceeds of the central sales taxR: - The Central Tax Act 1956 was enacted by the Central Government.

192. Consider the following statements:1. In purchase of Government’s commitment a faculty Indian industry to broaden its area of activity

unhindered, access to Atomatic rule for FDI has been permitted, expect for a small negative List.

2. The automatic route means that foreign investors only need to inform the reserve Bank of Indian

within 30 days of issuing any shares.


B) Both 1 and 2 are incorrect



193. Consider the following statements:1. The Department of Industrial Policy, Government of India has imitated steps to establish a

“Government to Business” (G2B) Portal (e-BIZ).

2. G2B Portal envisages creating a business friendly environment in the country by providing

efficient convenient, transparent and integrated electronic service to the investors, industries and

business

3. The 2 G2B Portal aims to provide for approvals, clearances and permissions , reporting , filing

payments and compliances through single electronic window right from the stage of registration

to the life cycle of Business thus invoking Integration of the entire life cycle of business

4. The vision of G2B Portal involves integration of the entire portfolio of service offered by the

Government at all three levels: Central, State and Local.


B) 1 ,2 and 3 are correct


D) All are correct

194. Consider the following statements about leather industry in India and state which are correct?1. Leather is one of the traditional industry of India spread over organized and unorganized sector

2. The small scale , cottage and artisan account for over 75% of the total leather production

3.

More than 40% of the workforce employed in this sector constitutes woman.4. People employed in this sector are pronominally from the disadvanged section of the society.

Codes:A) 1 ,2 and 3 are correct



B) 1 ,2 and 4 are correct

C) Only 2 is incorrect

D) All are correct

195. Which of the following are being identified as ‘Navratnas ‘by the Government of India?1. IOC

2.

BHEL3. IPCL

4. BPCL

5. VSNL

Codes:A) 1, 2, 3, 4

B) 1, 2, 3, 5

C) 1, 2, 4

D) 2, 3, 4, 5


1. There are a total of 13 Navratana Public Sector Enterprise as Identified by the Government of India

2. The Government has decided to give enhanced powers to Boards of Director of these PSUs

Facilitate their becoming global players.





197. Consider the following statements:1. India enjoy the distinction a being the only country producing all the five know n commercial

varieties of silk, viz, mulberry, tropical tasar, oak tasar, eri and muga.

2. Golden yellow muga silk is unique to India

3. India’s total silk production amount to 20% of the world production and Is the second largest

producer of raw silk

4. Sericulture is a labour intensive industry


B) 2 ,3and 4 are correct

C) 2 ,3and 4 are correct

D) All are correct

198. Consider the following statements:1. The enterprise which have made profiles continuously for the last three year and have earned a net

profit of Rs. 30 Crore or more in one of the three years. wit positive net worth are categorized as

Miniratna I

2. The PSEs Which have made profits for the last three years continuously and should have a

positive net worth are categories as Miniratna I







199. Consider the following statements about National Institute of Fashion Technology (NIFT)1. National Institute of Fashion Technology (NIFT) was set up as a society in 1986 to cater to the

growing needs of India‘s evolving Fashion industry.

2. During the last few years .NIFT has taken initiatives for formation of Fashion Designers Council

of India and Formation of International Foundation of Fashion Technology institute (IIFII)with

HQ at Delhi





200. Consider the following statements:1. India rank Second in the production of raw jute

2. India rank number one is export of jute products

3. The government has formulated first ever national Jute policy 2005 with an objective of

increasing production improving quality, ensuring remunerative prices to the jute farmers and

enhancing per hectare yield



C) 1 ,3 are correct

D) All the above are correct

201. Consider the following statements:1. India is the largest producer of sponge iron in the world

2. India is the largest producer of nitrogenous Fertilizers in the World





202. Match List-I with List-II and chose the correct answers from the Codes given below the lists:List –I

a. An Indian Farmers Fertilizer cooperative Ltd. (IFCO)b. Krishna Bharti cooperative Ltd. (KRIBHCO)c. Hindustan Organic chemicals Ltd (HOCL)d. Hindustan Insecticides Ltd

List-II 1. 1954

2. 1960

3. 1980

4. 1967

Codes:a b c d

A) 1 2 3 4

B) 3 4 1 2

C) 4 3 2 1

D) 2 1 4 3

203. Which one of the following is the first public sector undertaking in the field of Pharmaceuticals?A) IDPL



B) HAL (Hindustan Antibiotics Ltd)

C) ODCL

D) UPDPL

204. Consider the following statements:1. Coal occurs sequence mainly of two geological ages, namely Gondwana (over 20 million years in

age) and Tertiary (about 5 million years in age )2. Resource wise , Coalfields of Orissa contain the largest reserves through mostly of inferior

quality





205. Major reserve of bauxite are concentrated inA) Maharashtra

B) JharkhandC) Orissa & Andhra Pradesh

D) Chhattisgarh

206. Match List-I with List-II and chose the correct answers from the Codes given below the lists:List –Ia. Geological Survey of India (GSI)b. Indian Bureau of Minesc. Small industries Development Organization Limited)d. BALCO (Bharat Aluminum Company Limited)List-ll

1. 19482. 1954

3. 1851

4. 1965

Codes:

a b c dA) 1 3 2 4

B) 3 1 2 4

C) 1 2 3 4

D) 3 2 1 4

207. Consider the following statements:1. BALCO was first aluminum producing undertaking in the public sector.

2. The Government has transferred 51 % of its equity in BALCO together with the management

control in favor of M/s Sterlite Industries (India) Ltd w.e.f 2nd March 2001.





208. Consider the following statements:1. India is the World’s Leading producer of sheet mica

2. India account for about 60%of global mica trade



3. Important mica bearing pegmatic occurs in Andhra Pradesh , Jharkhand Bihar and Rajasthan

Codes:A) Only 1 is correct

B) 1 and 2 are correct

C) 1 and 3 are correct

D) All the correct

209. Consider the following statements:1. Nalco (National Aluminum Company Limited ) is India’s second largest aluminum plant

complex

2. NALCO was incorporated on 7th January 1981

3. NALCO is located in Orissa with registered office at Bhubaneswar.


B) 1 and 3 are correct

C) 2 and 3 are correct

D) All the correct

210. A: The Industrial policy initiatives science July 1991 have focused on extensive application of market mechanisms and facilities of Dynamic relationship with foreign investors and suppliers of technologyR: Government wants to increase the domestic and external completion

211. A: Government is Gradually approving FDI in different sectors of economyR: FDI is seen as a means tom supplement domestic investment for achieving a higher level of

economic development.

212. A: At the time independence, state‘s intervention in all the sector of the economy was inevitable.R: there was a need to speed up economic growth maintain in the long run at a steady level as therewas low level of investment and saving and near absence of infrastructural facilities

213. A: The average yield per hectare of cotton in India is much below the world averageR: 65% of the area under cotton is rainfed.



Answer Sheet

1-C 2-B 3-A 4-C 5-A 6-B 7-A 8-D 9-A 10-A 11-D 12-A13-A 14-C 15-B 16-B 17-D 18-D 19-C 20-A 21-B 22-C 23-D 24-D25-C 26-B 27-D 28-C 29-A 30-A 31-A 32-E 33-C 34-B 35-A 36-D37-B 38-C 39-A 40-D 41-B 42-B 43-D 44-B 45-D 46-C 47-C 48-A49-C 50-A 51-C 52-B 53-B 54-C 55-B 56-D 57-D 58-A 59-D 60-C

61-A 62-D 63-D 64-B 65-A 66-A 67-B 68-C 69-C 70-C 71-D 72-B73-B 74-A 75-A 76-D 77-D 78-A 79-D 80-C 81-A 82-A 83-D 84-D85-D 86-A 87-D 88-C 89-B 90-C 91-A 92-D 93-A 94-B 95-B 96-C97-A 98-D 99-C 100-D 101-D 102-C 103-D 104-C 105-C 106-C 107-C 108-B109-D 110-B 111-B 112-D 113-C 114-C 115-A 116-C 117-A 118-A 119-B 120-A121-B 122-C 123-D 124-C 125-A 126-C 127-A 128-B 129-A 130-B 131-A 132-C133-D 134-A 135-C 136-A 137-B 138-C 139-D 140-D 141-D 142-A 143-C 144-C145-C 146-A 147-A 148-A 149-C 150-C 151-D 152-D 153-D 154-A 155-A 156-C157-C 158-B 159-A 160-C 161-B 162-A 163-C 164-C 165-D 166-A 167-C 168-B169-C 170-B 171-C 172-D 173-B 174-D 175-B 176-D 177-C 178-A 179-C 180-D181-A 182-B 183-B 184-C 185-D 186-B 187-D 188-A 4189-A 190-A 191-D 192-A

193-D 194-B 195-C 196-A 197-D 198-A 199-A 200-B 201-C 202-C 203-B 204-A205-C 206-B 207-A 207-D 209-C 210-A 211-A 212-A 213-A

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