Direction (Qs.1-20): Read the following questions carefully and choose your answer from the given five options.
Question No : 1
As we know the Government of India has notified certain new rules to calculate Income Tax on various perks like accommodation and conveyance etc., being given by employers to their salaried employees. The new rules will replace which of the following taxes which has been abolished now?
(1) Capital Gains Tax
(2) Sales Tax
(3) Cash Transaction Tax
(4) Fringe Benefit Tax
(5) None of these
Question No : 2
The United Nations Development Fund for Women (UNIFEM) is working in an Indian city to make it safe for women. Which of the following is that city?
(1) Pune
(2) Kolkata
(3) Delhi
(4) Mumbai
(5) Lucknow
Question No : 3
Some world bodies/organisations/agencies are of the view that agriculture should adopt a “Cross Disciplinary Approach” and fake help of all types of sciences and studies. This approach will help in which of the following crucial problems being faced by humanity?
(1) Use of Genetically Modified Crop
(2) Melting of glaciers
(3) Food crisis
(4) Climate change
(5) None of these
Question No : 4
An agreement between two nations or a group of nations which establishes unimpeded exchange and flow of goods and services between/among trade partners regardless of national boundaries is called _____
(1) Import Free Agreement
(2) Special Economic Zone Agreement
(3) Export Free Agreement
(4) Free Trade Agreement
(5) None of these
Question No : 5
The Food and Agriculture Organisation (FAO) is a wing/agency of the _______
(1) United Nations Organisation
(2) Ministry of Agriculture Government of India
(3) Asian Development Bank
(4) World Bank
(5) None of these
Question No : 6
At present the trade between India and China is in a state of “Payment Imbalance”. What does this mean in real terms?
(A) China does not import many items from India whereas India imports more from China.
(B) China does not pay India in time and a lot of delay is reported by the exporters.
(C) India wants all payments to be made in US Dollars whereas China pays in its own currency.
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) All (A), (B) and (C)
(5) None of these
Question No : 7
India shares its border with China along the Himalayan range. Which of the following states touches the border of China?
(1) Punjab
(2) Bihar
(3) Arunachal Pradesh
(4) Chhattisgarh
(5) All of these
Question No : 8
Which one of the following would not constitute an economic activity?
(1) A teacher teaching students in his class
(2) A teacher teaching students under Sarva Shiksha Abhiyan
(3) A teacher teaching his own daughter at home
(4) A teacher providing consultancy services from his residence
(5) None of these
Question No : 9
Which of the following ministries has launched a new “Skill Development Initiative Scheme” so that the employability of the young people can be increased?
(1) Ministry of Agriculture
(2) Ministry of Labour and Employment
(3) Ministry of Heavy Industry
(4) Ministry of Finance
(5) None of these
Question No : 10
India has gained the status of becoming the third largest producer of Steel in the world. Who is the largest producer?
(1) USA
(2) Russia
(3) Japan
(4) China
(5) None of these
Question No : 11
Which of the following is NOT a plant product?
(1) Camphor
(2) Aloe Vera
(3) Vanilla
(4) kiwi
(5) All are plant products
Question No : 12
Which of the following terms is NOT used in Banking and Finance?
(1) Bid Price
(2) Call Option
(3) Blue chip
(4) Dividend
(5) Jacksonian Seizure
Question No : 13
Which of the following terms is NOT used in Economics?
(1) Exogenous
(2) Depreciation
(3) Deep Market
(4) Handedness
(5) Zero Sum Game
Question No : 14
As per the reports published by various agencies/organisation, it is estimated that around 3 billion extra people will join our existing population of 6 billion by the year – 2050. To provide food for all of them, a second round of which of the following initiatives is required to be started much in advance?
(1) Green Revolution
(2) Planned Urbanisation
(3) Industrialisation
(4) Climate Migration
(5) All of these
Question No : 15
Which of the following correctly describe what “One Carbon Credit” is?
(A) Credit permit to release one ton of carbon dioxide.
(B) Providing loans to establish one new production unit which can produce unit which can produce carbon dioxide for industrial use.
(C) Finding out one new business which can use and recycle green house gases.
(1) Only (C)
(2) Only (B)
(3) Only (A)
(4) All (A), (B) and (C)
(5) None of these
Question No : 16
Which of the following terms is used in the game of Hockey?
(1) Baseline
(2) Smash
(3) Drop
(4) net Shots
(5) Centre Forward
Question No : 17
As per the reports published in news papers the Government of India has asked all the states to conduct a ‘Social Audit’ of each and every work of which of the following schemes?
(1) National Rural Employment Guarantee Act
(2) Pradhan Mantri Gram Sadak Yojana
(3) Indira Aawas Yojana
(4) Rajiv Gandhi Grameen Vidyutikaran Yojana
(5) None of these
Question No : 18
Which of the following is NOT the name of a major Lawn Tennis Tournament?
(1) US Open
(2) Wimbledon
(3) French Open
(4) Grand Master
(5) Australian Open
Question No : 19
‘Derby’ is associated with which of the following sports events?
(1) Chess
(2) Cricket
(3) Hockey
(4) Football
(5) Horse Racing
Question No : 20
Shanti Swarup Bhatnagar Awards are given for excellence In the field of __
(1) Sports
(2) Economics
(3) Cinema
(4) Science and Technology
(5) None of these