ET Question Bank

7/28/2019 ET Question Bank

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INSTITUTE OF ENGINEERING & MANAGEMENT (ET Test April 2013)

Coordinator: Prof. (Dr.) Ranjan Dasgupta

ET Question Bank

1) IIP stands for:a) Indian Institute of Planning. b) Index of Industrial Production. c) Inhouse

Implementation Programme. d) Indias International Processes.2) Which foreign airline is set to enter India as the first aviation FDI with Tata - Telstra?

a) Etihad. b) Singapore Airlines. c) Air Asia. d) Japan Airlines.3) An average salary hike of what percentage is expected across sectors in India this year?

a) 12%. b) 15%. c) 10%. d) None of the above.4) TDSAT stands for:

a) Telecom Disputes Settlement & Appellate Tribunal. b) Trade Disputes Settlement &Appellate Tribunal. c) Time Debarred Scores & Appellate Tribunal. d) None of theabove.

5) Who has taken over as President of Peoples Republic of China in March 2013?a) Hu Jin Tao. b) Bo Xilai. c) Sun YatSen. d) Xi Jinping.

6) Which is the latest country in the Eurozone to ask for a bailout from the European CentralBank?

a) Italy. b) Spain. c) Cyprus. d) Portugal.7) As per the Indian Finance Minister the main objective of the FY 2013-14 Union Budget is:a) Fiscal Consolidation. b) Import Reduction. c) Extension of service tax coverage. d) Noneof the above.8) The most significant proposal in FY 2013-14 Indian Railway Budget is:a) Increase in passenger fares. b) Linking of freight rates to fuel prices. c) Laying tracks forsuper-fast trains. d) None of the above.9) Which aircraft manufacturer was recently in the news for unfair practice in supplies toIndia?

a) Boeing. b) Airbus Industrie. c) Augusta Westland. d) Piaggio Aero.10) Which Indian airline has set off a price war in the skies by offering discounted tickets?a) Kingfisher Airlines. b) Air India. c) Spice Jet. d) Jet Airways.11) Which Indian Industry sector is looking to hire in a big way in the expectation of beingissued licences to do business?a) Banking. b) Insurance. c) Shipping. d) Agricultural machinery.12) What tax relief on incomes was announced in Fy2013-14 Union Budget?a) Raising of income tax floor by Rs 10,000/-. b) Rs 2000/- from tax payable to be exemptfrom payment. c) Some taxable perks now made non-taxable. d) None of the above.13) Which is Indias largest FMCG company?a) Hindustan Unilever Ltd. b) ITC Ltd. c) Procter & Gamble. d) Godrej Consumer Products

Ltd.14) Moodys Investors Service has recently downgraded the ratings of which 3 nationalizedbanks.a) State Bank of Bikaner & Jaipur, United bank of India & Dena Bank. b) Indian OverseasBank, Oriental Bank of Commerce & Syndicate Bank. c) Central bank of India, Indian Bank& Bank of Baroda. d) None of the above.15) Which Indian Financial group is currently facing severe pressure from SEBI?a) Sahara. b) Shriram. c) Peerless. d) Kotak Mahindra.


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16) Which of the following is not true for Apna Chupal?a) Is a voice based portal. b) Launched by Air cell. c) Designed for rural and semi-urbanmarket. d) Customers can avail value added services by dialing toll free number.17) Which of the merchant bankers has not been appointed by government for NTPC stakesale?

a) Citigroup. b) SBI Capital Market. c) Morgan Stanley. d) Canara Bank.18) OctoPlus is a specialty pharmaceutical company based out of:a) Netherland. b) Portugal. c) Germany. d) India.19) Which of the following state recover maximum percentage of sugar from sugar cane?a) Tamil Nadu. b) Maharashtra. c) Uttar Pradesh. d) Andhra Pradesh.20) Which of the following is not correct about coir industry?a) Primarily woman oriented industry. b) India earn foreign exchange through coir pithexport. c) Processing of coir yarn products is practiced in the households of Gujarat. d) CoirBoard Chairman is G Balachandran.21) Dettol Kitchena disinfectant kitchen gel has recently launched by:a) Hindustan Leaver. b) Reckitt Benckiser. c) Unilever. d) Procter & Gamble.

22) Lulu Mall is the Indias largest mall in:a) Gurgaon. b) Chandigarh. c) Bangalore. d) Kochi.23) Which of the following is not true for CTS enabled cheques?a) CTS is a cheque truncation system. b) Coming into force from August 1, 2013. c) Saveprocessing costs. d) Truncation means conversion of a physical cheque into electronic form.24) Which of the following is the most visible sign of economic growth in Bihar?a) Boom in telecom sector. b) Boom in auto sector. c) Boom in consumer retail sector. d)Boom in infrastructure sector.Ans: a25) GMs largest and most important brand worldwide is:a) Opel. b) Buick. c) Chevrolet. d) Cadillac.26) Kolkatafor Women is an initiative of:a) Hindustan times. b) AB Group. c) Times of India. d) None.27) RBI is trying hard to control Inflation rate. With the fall of inflation interest rate in longterm will be:a) Falling. b) Increasing. c) Both can be. d) None of the above.28) FSLRC stands for:a) Financial Sector Legislative Reforms Commission. b) Financial Sector Legislative. c)Regulation Commission. d) None of the above.29) Foreign banks operating in India is eyeing for talent hunts and retention strategy through:a) Intangible offers. b) Tangible Offers. c) Both (a) and (b). d) None.30) International tourism Perception that women tourists are unsafe in india has adverselyimpacted inbound tourism but could not bind the growth of foreign tourists arrival in thecountry due to:a) Recession in Europe. b) Terrorism. c) In bound from US is low. d) None.31) Government is trying to make foreigners to route FDI in India:a) Directly. b) Through Account with bank. c) Both can be. d) None of the above.32) West Bengal Govt. has threatened a PSU Bank to backlist and call off governmentbusiness. The bank is:a) UBI. b) UCO. c) Allahabad Bank. d) None.


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33) Who is the Deputy Chairman of planning commission?

Prime Minister. b) Finance Minister. c) Commerce Minister. d) None of the above.34) In the Economic Times issue of 12th March 2013 on page 13 the caption was AmitRaises VAT for Cash Jab to Ailing Bengal. The s ystem of VAT (value added taxation) isapplicable to:

a) Excise duty. b)Income tax. c) Estate duty. d) Taxes on agriculture income.35) Ad Valorem tax is:a) Component of excise duty. b) Part of sales tax. c) Part of export duty. d) None of theabove.36) An article with caption Malls Welcome Marquee Brands as Anchor Tenants waspublished in Economic Times on 4thApril 2013. Marquee means:a) A term used for branding apparels. b) A superlative for famous brands. c)A term used forbranding consumer goods. d) None of the above.37) Indian Supreme Court gave an important ruling on a pharmaceutical product on 1st April2013. The ruling was regarding:a) Excise duty to be levied on a drug produced in India. b) Grant of license for manufacture

of a drug in India. c) Grant of patent to drug manufacturing company. d) Ban on use of acancer drug due to its ill effects.38) Air Asia is an aviation company:a) Registered in Thailand. b) Registered in Indonesia. c) Registered in Sri Lanka. d) None ofthe above.39) In the news article published in Economic Times on 4 thApril 2013 Make AffirmativeAction a Reality: PM to India Inc- the affirmative action means:a) Discharge corporate social responsibility. b) Contribute to a fund for upliftment of povertystricken areas. c) Provide job reservations to SC/ST and weaker sections. d) None of theabove.40) What is projected Current Account Deficit as percentage of GDP of India for 2012-13?

a) 4.2%. b) 4.6%. c)7%. d) 5%.41) Morgan Stanley is company primarily:a) For credit rating. b) For Banking and Financial Services. c) For credit card business. d)None of the above.42) Investment threshold for a defining a medium enterprise in India is:a) Rs.5 crores. b) Rs.10 crores. c)Rs.1 crore. d) Rs.15 crores.43) What are Indian Depository Receipts?a) Shares floated by Indian companies in foreign countries. b) Shares floated by multinationalcompanies to raise capital from India. c)Gold bonds. d) Venture capital funds.44) What is arbitrage in securities market?a) It is the brokerage paid to brokers for buying or selling stocks. b) It is income gained when

one buys in a securities market where prices are low and sells in a market where prices arehigh. c)It is a special type of security where risks are high. d) None of the above.45) Economic Times issue of 1st March 2013 had following heading on page 10 On theStreet, Theres Some Gain and Gain for Mid Caps. What are midcaps? a) Companies that contribute to 20% of market capitalization of the total marketcapitalization. b) Companies that contribute to 15% of market capitalization of the totalmarket capitalization. c)Companies that contribute to 30% of market capitalization of thetotal market capitalization. d) Companies that contribute to 10% of market capitalization of


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the total market capitalization.46) What is problem in taxation between Mauritius and India in the Union budget proposalsfor 2013-14?a) The Indians living in Mauritius will not be allowed to invest in India. b) The bilateral taxtreaty will become applicable for avoiding double taxation only when Tax Residency

Certificate will be issued by Mauritius Govt. c)The Indians living in India cannot park theirfunds in Mauritius. d) None.

47) India earns maximum foreign exchange from the exports ofa) Garments. b) Jute. c) Gems and Jewellery. d) Tea.

48) Hyderabad-based A.K. Foods is one of the leading food and beverage companies in theEastern region. Its __________ includes biscuits, edible oils, masalas, pickles, syrups. Itspickle __________ includes regular pickle, sweet pickle, tamarind chutney and delightpickle:a) Product mix; product unit. b) Product line; product mix. c) Product unit; producttangibility. d) Product mix; product line.

49) TRessme is a brand owned in 2011 by:a) Procter & Gamble. b) Unilever. c)Gucci. d) Tresco.

50) Spencers wants to learn about consumer attitudes toward mail order purchases andconducts a study to acquire this information; this study would best be classified as collecting_________data.a) Casual. b) Experimental. c) Primary. d)Secondary.51) Which airline is strategizing to charge passengers fees based on the weight of their bagsand bodies, saying it is the fairest way to fly?a) Scandinavian Airline. b) Samoan Airline. c)Air India. d) British Airways.

52) Which country is building the longest train tunnel, with 57 kilometre long parallel trackscrossing the Alps?a) Germany. b) Switzerland. c)Sweden. d) Denmark.

53) Cinthol Deo, Cinthol Lime, Cinthol talcum powder are derived from the original brandCinthol soap. This is an example of:a) Line extension. b) Brand extension. c) Brand licensing. d) Trade mark.

54) ________is held electronically in the demat form and can be freely converted intophysical gold.a) Gold biscuit. b) E-gold. c)Gold loan. d) None of the above.

55) What is the full form of EBRD?a) European Banking for Rural Development. b) European Bank for Reconstructionand Development. c) Entrepreneurial body for Rural Development. d) None of theabove.

56) What is the full form of PMEAC?a) Prime Ministers Economic Affairs Council. b) Prime Ministers Economic AffairsCommittee. c) Prime Ministers Economic Advisory Council. d) None of the above.


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57) The Tata Group is recently in the process of having a joint venture with which airlinecompany?

a) Air India. b) Jet Airways. c) AirAsia. d) None of the above.58) Allahabad Bank has its only overseas branch in:

a) Singapore. b) Hong Kong. c) London. d) None of the above.

59) Which one of the Indian auto component manufacturers has acquired Neumayer TekforGroup of Germany?a) Motherson Sumi. b) Bharat Forge. c) Amtek Auto Group. d) None of the above.

60) Ankit Metal & Power which produces TMT bars, sponge iron and billets is setting up apellet plant and power unit in:

a) Maharashtra. b) West Bengal. c) Bihar. d) None of the above.61) The new Managing Director and CEO of Maruti Suzuki India is:

a) Kenichi Ayukawa. b) Shinzo Nakanishi. c) Jagdish Khattar. d) None of the above.62) What is the full form of SIAM?

a) Society of Indian Automobile Manufacturers. b) Society of Industrial AutomationManagement. c) Society of Indian Automotive Manufacturers. d) None of the above.

63) What is the full form of CSO?a) Core Selection Organization. b) Central Statistical Organization. c) CentralStatistics Office. d) None of the above.

64) CAD stands for:a) Computer aided design. b) Current account deficit. c)Capital account deficit. d) All of

the above.65) Import of gold by consumers in India leads to:

a) Increase (surplus) in capital account. b) Increase in reserves with RBI. c) Increase incurrent account deficit. d)None of the above.

66) The crisis in Cyprus affected the Indian stock markets as:a) The position of Cyprus as a tax haven was threatened. b) There are a lot of Indian

investments in Cyprus. c) Cyprus is a tourist destination. d) All of the above.67) Government is disinvesting the shares of PSUs through:

a)Follow on public offer (FPO). b) Offer for sale (OFS). c) Preferential allotment to largeinvestors. d) None of the above.

68) Air Asia is starting operations in India by:a)Taking over Kingfisher Airlines. b) Entering into an alliance with Spice Jet. c) Forming a

new company. d)Both of a) and c) above.69) Government is auctioning 2G and 3G telecom licenses to:

a) Create more competition. b) Raise more resources for the Government. c) Bring abouttransparency in the allotment of licenses. d) All of the above.

70) The automobile market is presently facing:a) A sharp contraction in demand. b) A good growth. c) Flat demand. d) None of the

above.71) Sahara companies are regulated by:

a) RBI. b) SEBI. c) IRDA. d) Both of a) and b) above.72) Government accounts for inflation by monitoring:

a) Retail price index. b) Wholesale price index. c)Purchasing Managers Index. d) Noneof the above.

73) Recently the RBI has:


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a) Reduced the CRR. b) Cut the repo rate. c)Cut the SLR. d) All of the above.74) TCG is offering to buy majority stake in:

a) HPL. b)BPCL. c) IOL. d) Reliance Petrochem.75) According to Mr. Tapan Singhel CEO & MD of Bajaj Alliance General Insurance Co,which is the fastest growing segment for General Insurance:

a) Automobile Insurance. b) Baggage Insurance. c) Health Insurance. d) HomeInsurance.76) What was the objective of the FRBM Act 2003:

a) To introduce transparent fiscal management systems in the country. b) Tointroduce a more equitable and manageable distribution of the countrys debts overthe years. c) To aim for fiscal stability for India in the long run. d) All of theabove.

77) What is FRBM Act 2003:a) Finance & Revenue Budget Management Act 2003. b) Fiscal & RevenueBudget Maintenance Act 2003. c) Fiscal Responsibility and Budget ManagementAct 2003. d) None of the above.

78) Which of the following agreement mentioned below is the key to get institutionalfunding for power projects:a) Fuel Supply Agreement. b)Letter of Assurance. c) Letter of Intent. d) Letter ofCredit.

79) What is iSpirit:a) A new health drink by Dabur. b) A new health drink by Pepsico. c) A newassociation of media companies in India formed for the promotion of digital media.d) A new association of software companies who broke away from Nasscom.

80) Which agriculture product has given 100% return in futures trading:a) Turmeric. b) Rajma. c) Potato.d)Wheat.

81) Which is the worlds biggest trading nation?a) India. b) Russia. c) China.d)USA.

82) Options being considered by the Ministry of Finance, GOI for decontrolling sugar:a) Raise Excise Duty. b) Levy of Export Duty. c) None of the above. d) Both of theabove.

83) What model of business strategy is being used by Uninor India and slated forimplementation by Telenor in other countries?

a) Sustenance Model with Ultra-Low Rates. b) Cluster Strategy with MassDistribution. c) None of the above. d) All of the above.

84) Recently Hero Motorcorp has opened 100% subsidiary in Europe. Name the country.a) Germany. b) Holland. c) Japan. d) None of the above.

85) Central Electricity Regulatory Commission (CERC) has recently upheld the appeal of AdaniPower to compensate higher cost of coal import(from $44/MT to $100/MT). From whichcountry coal was imported?a) Indonesia. b) Malaysia. c) Thailand. d) None of the above.

86) What is the maximum limit of FDI participation in defense?a) 46%. b) 36%. c) 26%. d) 16%.

87) Which mobile phone manufacturing company is the overall market leader in India. What isits market share?


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a) Nokia. 21.8 % (2012 figure). b) Nokia. 41.8 % (2012 figure). c) Samsung 21.8 % (2012figure). d) Samsung 41.8 % (2012 figure).

88) There is a legal battle going between US based MSD Pharma, the third largest pharma co. inthe world by revenue and an Indian co. relating to selling two popular anti-diabetic drug.What is the name of the Indian company.

a) Glenmark. b) Biocon. c) Sun. d) None of the above.89) How many number of banks that constituent Bank Nifty?a) 52. b) 42. c) 22. d) 12.

90) What is the amount Pepsico has to pay to get the title sponsorship for next five years?a) Rs.396.8 Cr. b) Rs.1096.8 Cr. c) Rs.196.8 Cr. d) None of the above.91) Who is in talk to sale Reid & Taylor?a) S. Kumars. b) Arvind Mills. c) Raymonds. d) None of the above.92) BRICS share of global GDP is:a) 43%. b) 21%. c) 10%. d) None of the above.93) TIMP is the countries:a) Turkey, Indonesia, Mexico, and Philippines. b) Turkey, India, Mexico, and Philippines. c)

Turkey, India, Maldives, and Philippines. d) None of the above.94) Which of the following PSUs want to buy foreign companies worth Rs.30,000 crores inthe next few years?a) NTPC. b) SAIL. c) CIL. d) None of the above.95) Which Indian MF AMC is under the scanner of SEBI for misspelling its products?a) UTI. b) SBI. c) Principal PNB. d) None of the above.

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