Question No : 1

Which of the following is NOT a Source of Tax Revenue collected by the Govt. of India?

(1) Custom Duty

(2) Excise Duty

(3) Income Tax

(4) Service Tax

(5) Dividends and Profits

Question No : 2

Which of the following crops cannot be called a Plantation Crop?

(1) Wheat

(2) Oil Palm

(3) Rubber

(4) Coffee

(5) Coconut

Question No : 3

Which of the following agencies/bodies has asked all foreign funds to come forward and register itself as Foreign Institutional Investments (Flls) prior to any investment in India?

(1) RBI

(2) SEBI

(3) IBA

(4) Registrar of Companies

(5) None of these

Question No : 4

Very often we read in newspapers about the Foreign Direct Investment (FDI) through Automatic Route. What is meant by Automatic Route

(A) It is a process which allows foreign investors to trade shares of any Indian Company on day-to-day basis openly in stock markets.

(B) It is a process by which Indian, Companies are allowed to issue shares to any foreign investor as a part of their paid up Capital in the project in which they have made an investment.

(C) It is a process in which all foreign investors are asked to make all their investments in Indian projects in rupee currency only and that too in cash only. Technical know how or any other type of participation is not allowed as a part of investment

(1) Only (A)

(2) Only (B)

(3) Only (C)

(4) Both (A) and (C)

(5) All (A), (B) and (C)

Question No : 5

India is now out of the nuclear sanction imposed on it about 16 years back. This sanction was imposed by which of the following organisations?

(1) Un Security Council

(2) Organisation of Petroleum Exporting Countries (OPEC)

(3) INTERPOL

(4) Nuclear Suppliers Group

(5) None of these

Question No : 6

Which of the following cities became the first 100% e-literate city of India?

(1) Pune

(2) Hyderabad

(3) Kozhikode

(4) Jaipur

(5) Bangalore

Question No : 7

Subsequent to the RBI’s move of reducing the CRR, the industry, Chambers in India are demanding or softened interest rates. How will this demand of softened interest rates help the industry?

(A) It will give a push-up to new investments and augment the demand of new proposals for  more credits.

(B) The move will help in creation of many news employment opportunities.

(C) It will strengthen the position of the Stock Markets in India.

(1) Only (A)

(2) Only (B)

(3) Both (A) and (B)

(4) All (A), (B) and (C)

(5) None of these

Question No : 8

‘Agha Khan Trophy’ is associated with the game of _____

(1) Cricket

(2) Football

(3) Badminton

(4) Golf 

(5) Hockey

Question No : 9

Which of the following is NOT an Employment Generating Programme of the Govt. of India?

(1) NERGA

(2) SGRY 

(3) SGSY

(4) TRYSEM

(5) CAMELS

Question No : 10

Which one of the following advice has been given by the Finance Minister of India to Banks, while addressing the 5^th International Banking and Finance Conference?

(1) Banks should prepare a roadmap for financial inclusion covering rural households

(2) Banks should extend loans to the people in rural areas

(3) Banks should relax security norms for small businesses

(4) Banks should provide ATMs in unbanked areas

(5) None of these

Question No : 11

Which one of the following advice has been given by the Supreme Court in respect of subsidized food?

(1) Let family size determine quota for subsidized food

(2) The Government should lower the prices of food given under Public Distribution System

(3) The Government should increase the quantity of food given in PDS

(4) The Government should provide food through more PDS shops

(5) None of these

Question No : 12

Which one of the following is the indices of Taiwan Stock Exchange?

(1) Kospi Composite

(2) Nikkei

(3) Heng Seng

(4) Straits times

(5) SSE Composite

Question No : 13

In which one of the following countries is the life expectancy at birth (in number of years) the highest?

(1) India

(2) China

(3) Pakistan

(4) Sri Lanka

(5) Bangladesh

Question No : 14

Which one of the following is the minimum amount paid (in rupees) to the workers under the National Rural Employment Guarantee Act?

(1) Rs.50 per day

(2) Rs.100 per day

(3) Rs.1000 per month

(4) Rs.3000 per month 

(5) None of these

Question No : 15

Department of Industrial Policy and Promotion is a subordinate office of which of the following ministries?

(1) Ministry of Finance

(2) Ministry of Commerce & Industry

(3) Ministry of Corporate Affairs

(4) Ministry of Disinvestment

(5) None of these

Question No : 16

Green Revolution relates to ______

(1) significant increase in agricultural productivity through high yield seeds etc

(2) production through pollution free methods

(3) high milk production

(4) educating the citizens for clean and green cities

(5) None of these

Question No : 17

What does ‘Gold Standard’ mean?

(1) It is a system, where the total currency is backed by gold reserves

(2) It is a system where the purity of gold is standardized

(3) It is a system where the value of ornaments is standardized

(4) It is a system on the basis of which IMF quota of member countries is decided

(5) None of these

Question No : 18

What is a corporate Hedging?

(1) It is a mechanism to protect firm’s exposure to equity risk

(2) It is a mechanism to protect firm’s exposure to market risk

(3) It is a mechanism to protect firm’s exposure to forex risk

(4) It is a mechanism to protect firm’s exposure in international trade

(5) None of these

Question No : 19

India is following a system of “fiat money”, while issuing currency. What is ‘fiat money’?

(1) The currency is backed by Government Guarantee

(2) The currency is backed by tangible assets

(3) The currency is backed by gold reserves

(4) The currency is backed by budgetary support

(5) None of these

Question No : 20

The magnitude of earthquake waves is measured on ________.

(1) wave scale

(2) Richter’s scale

(3) Medic scale

(4) full bright scale 

(5) None of these