INDIAN ECONOMY On which one of the following issues, there had been a dispute between IRDA and SEBI?

ULIP PRODUCTS Violation of SEBI guidelines in respect of investment by big companies in equiti es Violation of SEBI guidelines about disclosures to be made by the companies Overlapping of the functions of IRDA and SEBI None of these As per the reports published in various newspapers Maharashtra and Gujarat have signed an agreement on linking of major rivers of the stated. Which of the follo wing is a common river between both the states? NARMADA..ganga..krishna..betwa.none Which of the following is a horticultural crop? Urad.JowarBajraWheat..MANGO According to Planning Commission, the degraded soil of which one of the followin g states poses a big threat to food security and can cause serious economic impl ications to the nation? Haryana.U.P..M.P.KarnatakaPUNJAB Which of the following is/are true about the Competition Commission of India (CC I)? a. CCI is a regulatory body having quasi-judicial structure b. It is established to replace old monopolies and Restrictive Trade Practi ces Act. c. ITS MAIN OBJECTIVE IS TO CREATE A HEALTHY ENVIRONMENT IN CORPORATE WORL D 1. Only A 2. Only B 3. ONLY C 4. All of the above 5. None of these According to RBI, which one of the following is the biggest concern of the count ry? Debt crisis in EuropeINFLATION...GDP growth.Fiscal deficit..None of these The Govt. of India established a strategic reserve of about 5 million tonnes of which of the following commodities? Steel..Sugar.OILFood grains..None Which of the following is NOT a cash crop? TobaccoCottonCoffee.BAJARATea Members of the RajyaSabha are elected for a period of . 4 yrs..2.5 yrs..6YRS.5 yrs..None What is the contribution of Agricultural sector in the Total GDP of India? About. 10%.......(20%).. 40%..........30%........50% As per the reports published in various newspapers, Mineral Output mining quarryi ng sector was declined by 14.52% in April 2011. Production of which of the follo wing cannot be included above figures? Coal..PetroleumIRON ORENatural gas..Cement POSCO to invest Rs. 1000 crores more in Maharashtra was a headline in major financ ial newspapers recently. POSCO is associated with which of the following busines ses as its core business in Maharashtra? FERTILIZERS..SteelPaper & Newsprint..AutomobilesNone of these As per the reports published in various newspapers Core Sector Industries record ed a 7.4 percent growth in March 2011. The growth of which of the following indu stries will not be considered in these figures? CoalSTEEL.Cement..Power..Banking How much amount was earmarked in the Union budget 2011-12 for infusion in the ca pital of the public sector banks during the year? RS. 5000 CRORES..Rs.7,500crors.Rs. 10,000 crores.Rs. 6000 crores..none of these As per the report released by the Govt. of India, various Govt. agencies procure d about 15 million tonnes of wheat during the recent Rabi season. Which of the f

ollowing states was the largest contributor to this stock of 15 million tonnes? Uttar Pradesh..Kerala..punjabTAMILNADU.none General Motors plans to go public in next two months, was a news in major financial newspapers. This means General Motors is planning to do which of the following? a. Wind up its business in next two months b. FLOAT INITIAL PUBLIC OFFER (IPO) IN NEAR FUTURE c. LAUNCH A BIG SALES AND MARKETING TO DRIVE TO ATTRACT PEOPLE FROM ALL WAL KS OF LIFE 1. Only A 2. Only B 3. Only C 4. All A, B & C 5. ONLY B & C Which of the following states in India recently decided to establish one Health Care Centre for every 50000 people? Gujarat..MaharashtraWEST BENGALKerala..Delhi The Womens Reservation Bill was passed by the RajyaSabha on which of the followin g dates? 19TH JULY 2010..19th March 20109th July 2010..None of these Which of the following states has decided to impose cess on commercial vehicles so that a welfare fund can be created for the transport workers in distress of t he state? MaharashtraWest Bengal..TAMILNADU..Kerala..None Justice D.K Jain of the supreme court of india recently inaugurated the first ru ral court in Shahabad town of the state. Shahabad is in which of the following s tates? OrissaHimachal Pradesh.AP.HaryanaGUJARAT As we all know child labour is totally banned in India. As per the child labour prohibition and regulation act, child means a person who has not completed .. 18 yrs of his/her age 16 yrs of his/her age 14 yrs of his/her age 20 YRS OF HIS/HER AGE 21 yrs of his/her age As we know the J&K assembly recently passed a bill which enabled it to ban Inter District Recruitments in the state. As per the provision of the bill a youth ca n now apply for Govt. job in the state only in HIS/HER STATE..the districts of his/her commissionary..only one district of his/her c hoice in the state.only one district of his/her choice in the statethe district wher e he/she is residing at presenta district in Jammu region only As we know Govt. of India has launched specific programmes to protect people fro m contaminated drinking water. Normally the ground water available in most of th e rural areas contains which of the following chemicals/ minerals which make it unsafe for drinking? a. ARSENIC b. Flouride c. Oxygen 1. ONLY A ..2 Only bOnly A & Bonly b & c..all a , b & c

Which of the following rates/ratios is not covered under the monetary and credit policy of the RBI? Bank rate.Repo rateCASH RESERVE RATIO.Reverse Repo rate.Exchange rate of forei As reported in some major newspapers, some state governments are desalination pl ants in some coastal zones in their states. Whats the purpose of installing these desalination plants? a.TO GENERATE POWER FROM SEA WATER b.To convert sea water into normal water c. To keep the coastal areas pollution free and save marine population 1. ONLY Aonly b..only a & c..none of these Which of the following is not a civilian award given by the Govt. of India? SahityaAkademi award..SanthiSwarupBhatnagar award.Padma Shri.Bharat Ratna..KIRT As per the reports published in various newspapers Karnataka govt. has raised so

me objection on the Hogenakkal Drinking Water project. The project is being impl emented by which of the following states? KERALAAndrapradeshhogenakkalOrissa..Maharashtra..tamilnadu As per the reports in various newspapers, the Tea Board will take up rehabilitat ion of about 10,000 hectares of tea plantation in Himachal Pradesh. Which of th e following is the main area of the state where Tea is grown prominently? Kangra..SIMLABilaspur..MandiNone of these The Indian Govt. has introduced a new Wholesale Price Index (WPI) recently. The new WPI is based on which of the following years? (2004-05)2005-06.2006-07.2008-09..None In the last financial year, which of the following countries borrowed maximum lo an amount from World Bank? INDIA..Turkey.Nepal.PakistanNone What is/are the objective/objectives of Public Distribution Scheme? a. Indirect control on open market prices of different goods b. SUPPLY OF CEREALS AND OTHER ESSENTIAL GOODS TO WEAKER CLASS OF SOCIETY c. Ensure competitive price for farmers cultivation

Only A.ONLY B.Only A&BOnly B&C.All ABC Government has recently reviewed the Foreign Trade Policy 2009-2014. Which of th is/these is/are its features? a. GOVERNMENT WILL INCREASE EXPORT TO $200 BILLION IN THIS FINANCIAL YEAR b. 30% reduction in the list of estimated goods for duty free import c. Cities like Agra, Barmer and Bhiwandi declared the cities of export exce llence 1. ONLY A 2.Only B 3.Only C 4. Only AB 5. Only AC Direct Tax Code, which was recently revised, will be implemented from which date ? APRIL 2011April 2012January 2011January 2012..none As per newspaper reports Australia and Canada have become new exporters of pulse s to India. Uptill now which of the following countries was the single biggest e xporter of pulses to India? MYANMAR..Pakistan..Nepal..Bangladesh.Britain Govt. may reduce its budgetary deficit by various measures. Which of the followi ng is NOT one such measure? Market borrowing.Deficit FinancingForeign grantsIncreasing taxes..REDUCING BSIDIES MAT provision in Income Tax stands for. Medium Alternte Tax.Max Alternate TaxMINIMUM ALTERNATE TAXMild Alternate Tax..None As per latest data in urban areas women employment is highest in which of the fo llowing industries/areas? PRIVATE HOUSEHOLDS..Textiles.apparel..educationretail trade The foreign trade policy in India is announced by the. Reserve Bank of India.MINISTRY OF COMMERCE..FEDAIMinistry of finance.. According to Ministry of Consumer affairs, which one of the following products h ad contributed maximum to take the inflation at highest level? VEGETABLESJowar..Atta.coconut oil.Milk In which of the following states, ONGC has set up a 102 mw capacity wind power p roject? Gujarat.RAJASTHAN.West Bengal.Orissa.Andhra Pradesh Through which of the following source(s) , Indian companies are allowed to acces s funds from abroad? a. EXTERNAL COMMERCIAL BORROWINGS (ECB) ONLY b. FOREIGN CURRENCY CONVERTIBLE BONDS (FCCBS)/FOREIGN CURRENCY EXCHANGEABLE BONDS ONLY c. PREFERENCE SHARES ONLY 1. Only A..Only BALL A B & COnly A & COnly C At which one of the following states, Ravva gas fields are located?

West Bengal..ANDRAPRADESH..Kerala..Orissa..Karnataka World Post Office Day is celebrated on 19 november..10 october9 november..9 OCTOBER..none In which one of the following states is a mega dam on Subansiri river proposed t o be constructed? J nd K.Himachal prad.Meghalaya..ASSAM..Arunachal Pradesh Which one of the following advice has been given by the Supreme court in respect of subsidized food? Let family siaze determine quota for subsidized food THE GOVERNMENT SHOULD LOWER THE PRICES OF FOOD GIVEN UNDER PUBLIC DISTRIBUTION S YSTEM (PDS) The Govt. should increase the quantity of food given in PDS The Govt. should provide food through more PDS shops None At which one of the places in India, the Australian company Oilex has struck hug e natural gas reserves? AhmedabadCOMBAY.Barmer.RevaCoimbatore Which one of the following is the objective of proposed amendments to the Compet ition Act 2002? IT WILL GIVE REGULATORY POWERS TO COMPETITION COMMISSION OF INDIA It will enhance the responsibility of Competition commission of India It will give judicial powers to competition commission of india It will require high-stake mergers and acquisitions to seek a mandatory approvel from the the CCI None Wing commander is a post related to NavyAIR FORCE..Army.policeborder security force According to Planning Commission, which one of the following is probably the cur rent account deficit, during this fiscal? 3 percent of budget..3 percent of GDP..3.5 percent of budget.3.5 percent of GDP..NONE India is following a system of flat money, while issuing currency. What is flat mo ney? THE CURRENCY IS BACKED BY GOVERNMENT GUARANTEE The currency is backed by triangle assets reserves The currency is backed by gold reserves The currency is backed by budgetary support None To which one of the following IMF proposals has India recently agreed? IT WILL ALLOW IMF TO SCRUTINIZE INDIAS FINANCIAL SYSTEM It will allow IMF to draft Indias new financial system It will allow IMF to depute its officials for random checking of Indian Financia l system It will allow IMF to regulate Indias financial system None CAG is connected with. Union budgets State finances and irregularities AUDIT AND RELATED MATTERS Checking expenditure of GOI None India stretches about.kms from North to south 2400..3900.5200(3200)4014 Khajuraho temples are. a. LOCATED IN MP b. Located in UP c. a holy place d. A TOURIST PLACE e. AN EXAMPLE OF INDIAN ARCHITECTURAL GENIUS 1. Only a, b & c 2. Only b, c & d Only c , d & e ONLY A D & E

only d, e & b A lease.. Is a rental agreement between owner of a flat/house and the Tenant, whereby the tenant pays a specified amount on specified dates to the owner IS A LEGAL CONTRACT BETWEEN THE OWNER OF AN ASSET AND ITS USER, CONTAINING MANY CONDITIONS INCLUDING PAYMENT OF A SPECIFIED AMOUNT BY THE USER TO THE OWNER FOR USE OF THE ASSET Is mainly used for machinery Is one of the ways resorted to by companies None One of the following is a tiger reserve in india.. Nilgiri.Badravati..SARISKA..Latur.Krishnagiri Major carpet producing states are. UTTAR PRADESH.JAMMU & KASHMIRTamil nadu.Kerala.Assam A&B.a&c.a&d.c&e One of the following states is famous for sandal wood oil, soaps etc. Tamil Nadu.Kerala..andhra Pradesh.Goa.KARNATAKA Kharif crops re.. a. Raised in the summer months of April to June b. Sown in the beginning of winter and harvested before onset of summer c. Potatoes, grams etc. d. COTTON, SUGAR CANE ETC. e. Sown in summer and harvested after rain (period May to October) As we all know Govt. is paying much attention to improve Public Distribution Sys tem (PDS) in our country. Which of the following have been the achievements off the PDS uptill now, owing to which Government wants to further improve it. Pick up the correct statements. A. AFTER IMPLEMENTING PDS IN INDIA, NO FAMINE WAS REPORTED. PDS WAS ALWAYS THERE TO GIVE PEOPLE ATLEAST THE BARE MINIMUM TO SURVIVE B. A DROUGHT OF 1987 WAS WORST IN THIS CENTURY BUT PDS PLAYED A VITAL ROLE IN OVERCOMING THE DROUGHT C. NOW PDS IS FFEDING THE POOREST OF THE POOR IN THIS COUNTRY Only A.Only B..Only C..ALL A, B&CNone

Whenever newspapers talk about the performance of core industries, which of the following is NOT considered among them? Petroleum..AUTOMOBILE..Mining.Steel.Cement As per recent newspaper reports, UK based Cairn Energy is in the process of sell ing its stake to which one of the following companies of Indian base? ONGC videsh..Hindustan Petroleum Corporation Ltd..VEDANTA RESOURCESPoscoindia Which of the following bills presented in the parliament will bring some changes in existing tax regime? DIRECT TAXES CODE (DTC)Foreign Exchange Management Regulatory BillCompanies Act Bill ies and Perks MPs BillFinance Bill 2010-11 GOI has decided to review its Foreign Direct Investment Rules Twice in a year. T his will be done from 2015201220142011.NONE OF THESE Many times we read about Hawala transactions in newspapers, Hawala in India is pro hibited under the provision of which of the following acts? Fiscal Responsibility & Budget Management ActBanking Regulation actFinancial action Force ActFOREIGN EXCHANGE MANAGEMENT ACT.None India recently reviewed its trade relation policy with Russia. What are the main exports from India to Russia? a. PHARMACEUTICALS b.APPAREL& CLOTHING c. TEA & COFFEE Only AOnly B..ALL A B & COnly B & C..Only A&B As we all know DIPP is the nodal agency in the field of foreign investments in I ndia. What is the full form of DIPP?

DIPP : DEPARTMENT OF INDUSTRIAL POLICY AND PROMOTION (DIPP) Department of Industrial procedures and Promotions Directorate of Industrial Procedures and promotions Directorate of Industrial Policy and Publicity None Which of the following has been fixed as the target for fiscal deficit 2010-11? (In terms of percentage of GDP) 3%..........3.5%........4%..........5%......(5.5%) As per news in various newspapers kfw group released another instalment of its fin ancial aid to India. Kfw is an organization/bank based in FranceJapanItaly..China..GERMANY Which of the following countries has become the main supplier of the defence goo ds to India and has replaced Russia? CanadaUSAISRAEL.France.None of these As per existing policy, new foreign investments in manufacturing which of the fo llowing is NOT allowed? Whit cement..Plastic goods.CIGARETTE & CIGARSPolythene bagsPesticides Which of the following is NOT among the Prime Ministers new 15 point programme? Enhanced Credit Support for economic activities Modernizing Madrasa education Improvement in condition of slums inhabited by minorities FREE TRAIN JOURNEY FOR UNEMPLOYED YOUTHS Rehabilitation of victims of communal riots Indias political relations with its neighbouring countries are a critical part of its.. Industrial policyTrade policy..FOREIGN POLICY..Develpmetn policynone Union Cabinet recently cleared Rs. 15000 croreSukhoideal .Sukhoi is. Battle tankFIGHTER PLANESubmarine.Radar systemnone