1. ‘Focus Product’ and ‘Focus Market’ are the two schemes introduced related to—
(A) Industrial Diversification
(B) Technology Upgradation
(C) Export Promotion
(D) Control of Inflation
Ans : (C)
2. According to the 2010 Quality of Life Index India has been placed at the …… best country in the world to live.
(A) 76th
(B) 80th
(C) 88th
(D) 90th
Ans : (C)
3. Which of the following government agency has been disallowed for sugar imports ?
(A) STC
(B) PEC
(C) NAFED
(D) MMTC
Ans : (C)
4. Which states have not yet established any RRB ?
(A) Sikkim and Goa
(B) Bihar and Rajasthan
(C) Sikkim and Arunachal Pradesh
(D) Nagaland
Ans : (A)
5. As per the statistics released by CSO, growth in IIP (Index of Industrial Production) in April–November 2010 stood at—
(A) 8•5%
(B) 5•3%
(C) 7•7%
(D) –1•2%
Ans : (C)
6. On the recommendations of Kelkar committee, no new RRB was established since—
(A) April 1987
(B) April 1988
(C) April 1989
(D) April 1990
Ans : (A)
7. IRBI—Industrial Reconstruction Bank of India was established in—
(A) 1975
(B) 1985
(C) 1990
(D) 1992
Ans : (B)
8. Which state government decided to allow contract farming in the state ?
(A) Uttar Pradesh
(B) Madhya Pradesh
(C) Punjab
(D) Rajasthan
Ans : (D)
9. The headquarters of SIDBI is in—
(A) Lucknow
(B) New Delhi
(C) Mumbai
(D) Bangalore
Ans : (A)
10. LIC of India was established in—
(A) 1897
(B) 1950
(C) 1956
(D) 1965
Ans : (C)
11. The committee associated with establishing new stock exchanges was—
(A) M. J. Ferwani
(B) M. Narsimham
(C) S.N. Nadkarni
(D) R. Janakiraman
Ans : (A)
12. Consumer Protection Act (COPRA) was implemented in—
(A) 1985
(B) 1986
(C) 1987
(D) 1988
Ans : (B)
13. Narsimham committee recommended to make banking structure of the country—
(A) Two tier
(B) Three tier
(C) Four tier
(D) Five tier
Ans : (C)
14. ‘Canfina’ is associated with—
(A) Canara Bank
(B) SBI
(C) National Housing Bank
(D) Standard Chartered Bank
Ans : (A)
15. The second Summit of BRIC (Brazil, Russia, India and China) was held on April 16, 2010 at—
(A) Yekaterinburg (Russia)
(B) New Delhi (India)
(C) Shanghai (China)
(D) Brasillia (Brazil)
Ans : (D)
16. Special Economic Zone Act 2005 was passed by Parliament in May 2005. This Act came into force w.e.f.—
(A) January 10, 2006
(B) February 10, 2006
(C) June 23, 2006
(D) July 1, 2006
Ans : (B)
17. India Development Bond was issued in 1991-92 by—
(A) SBI
(B) RBI
(C) UTI
(D) NHB
Ans : (A)
18. 20 rupee and above value notes are printed in—
(A) Currency Note Press, Nasik Road
(B) Bank Note Press, Dewas
(C) Security Printing Press, Hyderabad
(D) All of these
Ans : (B)
19. Central Revenue Board was divided into ‘Central Excise and Custom Duty Board’ and ‘Central Direct Tax Board’ in—
(A) 1950
(B) 1958
(C) 1963
(D) 1975
Ans : (C)
20. Which direct tax among the followings gives maximum net revenue to the Government ?
(A) Corporate Tax
(B) Income Tax
(C) Wealth Tax
(D) Gift Tax
Ans : (A)
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