Direction (Qs.1-20): Read the following questions carefully and choose your answer from the given five options.
Question No : 1
Which of the following is not included in the core sectors of Indian economy?
(1) Transport
(2) Coal
(3) Steel
(4) Cement
(5) None of these
Question No : 2
Which of the following banks has taken over the Centurion Bank of Punjab?
(1) ICICI Bank
(2) IDBI Bank
(3) HDFC Bank
(4) AXIS Bank
(5) None of these
Question No : 3
Unique Identification Authority of India will set up data base for
(1) Identity and biometrics details of Indian residents
(2) Identity and biometrics details of Indian citizens
(3) Identity and biometrics details of person’s residents in India or visiting India
(4) All the above
(5) None of these
Question No : 4
The biggest Public Sector undertaking in the country is
(1) Iron and Steel plant
(2) Roadways
(3) Railways
(4) Airways
(5) None of these
Question No : 5
Which of the following is Horticulture Crop?
(1) Paddy
(2) Wheat
(3) Mango
(4) Bajara
(5) None of these
Question No : 6
Which of the following nation is considered the originator of the concept of Micro Finance?
(1) India
(2) Bangladesh
(3) South Africa
(4) USA
(5) None of these
Question No : 7
Very often we read in news papers about 3G or 3rd Generation technology. This is a set of standards used for which of the following purposes?
(1) To combat climatic changes
(2) Production of Nuclear Energy
(3) Film Production
(4) Mobile Telecommunications
(5) All of these
Question No : 8
What is the full form of ‘ULIP’, the term which was in the news recently?
(1) Unit Linked Insurance Plan
(4) Universal Loan & Investment Plan
(3) Unit Loan & Insurance Plan
(2) Universal Life & Investment Plan
(5) None of these
Question No : 9
In terms of economics, the total value of the output (goods and services) produced and income received in a year by domestic residents of a country put together is called
(1) Net National Product
(2) Gross National Product
(3) Gross National Income
(4) National Income
(5) None of these
Question No : 10
The main function of I.M.F. is to
(1) Finance investment loans to developing countries
(2) Act as a private sector lending arm of the World Bank
(3) Help to solve balance of payment problems of member countries
(4) Arrange international deposits from banks
(5) None of these
Question No : 11
The difference between visible exports and visible imports is defined as
(1) Balance of trade
(2) Balance of payment
(3) Balanced terms of trade
(4) Gains from trade
(5) All of the above
Question No : 12
Invisible Export means export
(1) Services
(2) Prohibited goods
(3) Unrecorded goods
(4) Goods through smuggling
(5) All the above
Question No : 13
Qatar and some other countries are supplying LNG to India. What does the letter ‘N’ denotes in the term LNG used here?
(1) Neutral
(2) Nitrogen
(3) Natural
(4) Naptha
(5) Nitric
Question No : 14
The rate of interest on Savings Bank Account is stipulated by
(1) The concerned bank
(2) Banking Codes and Standards Board of India
(3) Indian Banks Association
(4) Government of India
(5) RBI
Question No : 15
Which one of the following is a driving force influencing the industrial growth of an economy?
(1) Economic Factors only
(2) Innovation/Market Base only
(3) Investment only
(4) Only (1) & (2)
(5) All (1), (2) & (3)
Question No : 16
In which one of the following activities percentage share of co-operative sector is the highest?
(1) Sugar production
(2) Agricultural Credit disbursement
(3) Wheat procurement
(4) Fertiliser distribution
(5) Handlooms
Question No : 17
What is Panchayat Raj?
(1) It is a community development programme
(2) It is a cooperative movement
(3) It is a scheme of self governance
(4) It is an exercise in decentralization of administrative authority
(5) It is an out dated system, not followed now
Question No : 18
What is the Green Index?
(1) It measures nation’s wealth according to provisions of control on Green house gases
(2) It measures nation’s wealth according to GNP per capita
(3) It measures nation’s wealth according to GDP per capita
(4) It measures nation’s wealth in terms of coverage of forest area
(5) None of these
Question No : 19
Credit Cards are known as __________
(1) Hard money
(2) Easy money
(3) Soft money
(4) Real money
(5) Plastic money
Question No : 20
Yuan Currency belongs to which one of the following countries?
(1) Japan
(2) Thailand
(3) South Korea
(4) China
(5) Vietnam