1. The foundation stone of a new rail coach making factory has been laid at—
(A) Saharsa
(B) Rae Bareli
(C) Amethi
(D) Amritsar
Ans : (B)
2. Which of the following is not a quantitative measure for credit control ?
(A) Open Market operations
(B) Statutory Liquidity Ratio
(C) Bank Rate
(D) Margin requirements for debts
Ans : (D)
3. In Rail Budget 2008–09 concession for senior citizen women was raised to—
(A) 40%
(B) 50%
(C) 60%
(D) 70%
Ans : (B)
4. What target has been fixed for Agricultural Credit during 2010-11 ?
(A) Rs. 3,50,000 crore
(B) Rs. 3,05,000 crore
(C) Rs. 3,25,000 crore
(D) Rs. 3,75,000 crore
Ans : (D)
5. As per 2010-11 budget Income Tax exemption limit for women is—
(A) Rs. 1,65,000
(B) Rs. 1,75,000
(C) Rs. 1,90,000
(D) Rs. 1,80,000
Ans : (C)
6. Who was the Chairman of 13th Finance Commission ?
(A) Vijay L. Kelkar
(B) K. C. Pant
(C) C. Rangrajan
(D) Madhavan Ravindre
Ans : (A)
7. Increase in net RBI credit for Central Government represents—
(A) Budgetary Deficit
(B) Revenue Deficit
(C) Fiscal Deficit
(D) Monetised Deficit
Ans : (D)
8. Which pair is not correct ?
(A) Rekhi Committee—Simplification of Export and Import
(B) Nanjundappa Committee—Railway fare
(C) Rangrajan Committee—Balance of Payment
(D) Goiporia Committee—Banking Service Improvements
Ans : (A)
9. Individual cannot open his account in—
(A) Urban Cooperative Bank
(B) Regional Rural Bank
(C) RBI
(D) Scheduled Commercial Banks
Ans : (C)
10. On May 15, 2007 Lok Sabha passed SBI (Subsidiary Banks Laws) Amendment Bill which allows State Bank of India to reduce its holdings in its seven subsidiary banks to—
(A) 74%
(B) 60•6%
(C) 51%
(D) 49%
Ans : (C)
11. Which of the following is not an institutional credit agency ?
(A) Cooperative Society
(B) Commercial Banks
(C) Money Lender
(D) None of the above
Ans : (B)
12. IMF has raised the quota and voting share of India which places India at……place among 185 members of the organisation.
(A) 10th
(B) 11th
(C) 12th
(D) 13th
Ans : (B)
13. Which of the following deficit shows a rise in Budget 2010-11 proposals as compared with their respective size of the budget estimates of 2009-10 ?
(A) Revenue Deficit
(B) Fiscal Deficit
(C) Primary Deficit
(D) None of these
Ans : (D)
14. In 2010-11 budget proposals maximum revenue collection is proposed from—
(A) Service Tax
(B) Income Tax
(C) Excise Duty
(D) Corporation Tax
Ans : (D)
15. The objective of ‘Sangam Yojana’ is—
(A) To make Ganga water pollution free
(B) To make Sangam region of Allahabad more attractive for tourists
(C) To ensure welfare of handicapped
(D) To unite various groups of Hindus
Ans : (C)
16. In basic slabs of Income Tax, the upper limit for the slab having 20% tax now becomes—
(A) Rs. 3,00,000
(B) Rs. 5,00,000
(C) Rs. 4,50,000
(D) Rs. 8,00,000
Ans : (D)
17. Which of the following is not a component of Human Development Index ?
(A) Life Expectancy
(B) Adult Literacy
(C) Infant Mortality Rate
(D) Number of people living below poverty line
Ans : (C)
18. Tax–GDP ratio was 9•2% in 2003–04. It becomes ……% in 2008–09.
(A) 10•97%
(B) 11•97%
(C) 12•97%
(D) 13•97%
Ans : (C)
19. To which community/organisation maximum goods are exported from India ?
(A) EEC
(B) Commonwealth nation
(C) SAFTA
(D) OPEC
Ans : (A)
20. Which of the following committee has recently submitted its recommendations on financial sector reforms ?
(A) Rajan Committee
(B) Narsimham Committee
(C) Damodaran Committee
(D) Kelkar Committee
Ans : (A)
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