1. What is ‘Super 301’ ?
(A) A name of modern computer
(B) A new variety of rice
(C) American trade law
(D) American treatment name for Aids
Ans : (C)
2. Which day is celebrated as ‘National Excise Duty Day’ ?
(A) 26th January
(B) 24th February
(C) 14th April
(D) 10th June
Ans : (B)
3. The proportion of labour in GNP becomes low, due to the following reason—
(A) Wages lag behind prices
(B) Prices lag behind wages
(C) Profit lags behind prices
(D) Prices lag behind profit
Ans : (A)
4. Insurance Regulatory and Development Authority (IRDA) has constituted a committee for studying various aspects related to health insurance of senior citizen under the chairmanship of—
(A) R. Chidambaram
(B) V. Kishore Singh Deo
(C) K. S. Shastri
(D) Abhijit Sen
Ans : (C)
5. Lahiri Committee was associated with—
(A) Industrial Sickness
(B) Minimum Support Prices of Agriculture Products
(C) Price Structure of Edible Oil
(D) Handicraft Exports
Ans : (C)
6. Plan expenditure in India is met by—
(A) Internal debt and other resources
(B) Assistance from Aid India Club
(C) Assistance from IMF
(D) Assistance from OECD countries
Ans : (A)
7. National Income in India is estimated by—
(A) Planning Commission
(B) Finance Commission
(C) Indian Statistical Institute
(D) Central Statistical Organisation
Ans : (D)
8. Population density means—
(A) No. of persons living per sq km
(B) No. of persons living per kilometre
(C) Ratio of population living below poverty line to total population
(D) No. of persons in a village
Ans : (A)
9. Which tax is collected by Panchayat ?
(A) Sales Tax
(B) Custom Duty
(C) Land Revenue
(D) Tax on local fairs
Ans : (D)
10. The outlay of Railways annual plan 2010-11 (as Rail Budget 2010-11) stands at—
(A) Rs. 35,000 crore
(B) Rs. 41,426 crore
(C) Rs. 40,000 crore
(D) Rs. 42,000 crore
Ans : (B)
11. Which sector got high rate of growth in its cooperative units ?
(A) Sugar
(B) Cotton Textile
(C) Jute
(D) Cement
Ans : (A)
12. Which committee among the following was associated with prices of petroleum products and its tariff structure ?
(A) Dr. Rangarajan Committee
(B) Malegam Committee
(C) Lahiri Committee
(D) Vaidyanathan Committee
Ans : (A)
13. The first fully literate district outside the Kerala State is—
(A) Wardhaman (West Bengal)
(B) Chingelpattu (Tamil Nadu)
(C) Nasik (Maharashtra)
(D) Merkata (Karnataka)
Ans : (A)
14. Tax Information Network (TIN), started in January 2004 is associated with—
(A) Sales Tax
(B) Excise Duty
(C) Income Tax
(D) Corporation Tax
Ans : (C)
15. After electrical equipment sector which attracted the highest FDI inflow in the country, the second highest FDI grabbing sector in the economy during 2007-08 is—
(A) Telecom Sector
(B) Service Sector
(C) Manufacturing Sector
(D) Hotel Sector
Ans : (B)
16. SDR is the currency of IMF which is in the form of—
(A) Paper currency
(B) Gold
(C) Silver and gold both
(D) Book-keeping entry only
Ans : (D)
17. Indravati Hydroelectric Project is the multipurpose project of—
(A) Maharashtra State
(B) Gujarat State
(C) Orissa State
(D) Tamil Nadu
Ans : (C)
18. The nationalisation of the major commercial banks took place in—
(A) 1947
(B) 1956
(C) 1969
(D) 1980
Ans : (C)
19. What is a ‘limited company’ ?
(A) In which shareholders possess the ownership limited to their paid up capital
(B) In which shares are issued
(C) A company of Government ownership
(D) A Registered company
Ans : (A)
20. The headquarters of RBI is in—
(A) Delhi
(B) Kanpur
(C) Mumbai
(D) Nasik
Ans : (C)
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