1. Expenditure for waiving farmer’s loan for the year 2008–09 (whose date extended to June 30, 2010) stood at about—
(A) Rs. 40,000 crore
(B) Rs. 51,000 crore
(C) Rs. 61,000 crore
(D) Rs. 71,000 crore
Ans : (D)
2. Per capita income at factor cost at constant prices (2004-05) for 2008-09 (Quick estimates) stands at—
(A) Rs. 18263
(B) Rs. 19297
(C) Rs. 20858
(D) Rs. 31821
Ans : (D)
3. Primary Deficit is measured by fiscal deficit less—
(A) Revenue Deficit
(B) Public debt
(C) Interest payment
(D) Depreciation
Ans : (C)
4. The government has established ‘Price Stabilisation Fund’ to check the price fluctuation of a few crops. These crops are—
1. Tea 2. Tobacco
3. Coffee 4. Rubber
Mention the right answer from the following
groups—
(A) Only 1 and 3
(B) Only 1, 2 and 3
(C) Only 1, 3 and 4
(D) All 1, 2, 3 and 4
Ans : (D)
5. Chelliah Committee recommended to tax the agriculture income of non-farmers having income above—
(A) Rs. 15000
(B) Rs. 20000
(C) Rs. 25000
(D) Rs. 50000
Ans : (C)
6. Which of the following committee is related to infrastructure financing ?
(A) Deepak Parekh Committee
(B) T. Shanker Lingam
(C) T. S. Vijayan
(D) O. P. Garg
Ans : (A)
7. Minimum Alternate Tax (MAT) rate in Union Budget 2010-11 is accepted as—
(A) 15%
(B) 18%
(C) 17%
(D) 20%
Ans : (B)
8. 13th Finance Commission under Chairmanship of Kelkar has submitted its final report on—
(A) September 30, 2009
(B) October 30, 2009
(C) December 30, 2009
(D) December 7, 2009
Ans : (C)
9. With which objective, Kisan Call Centre’s have been established ?
(A) To ensure the supply of fertilizers to farmers on suitable rates
(B) Distribution of HYV seeds
(C) To provide agriculture credit at concessional rates
(D) To provide consultancy service related to agriculture
Ans : (D)
10. National Stock Exchange has introduced a new share index in place of NSE-100 in April 1996. It is known as—
(A) NSE-200
(B) NSE-50
(C) NSE-20
(D) NSE-15
Ans : (B)
11. ‘Open market operation’ is a part of—
(A) Income Policy
(B) Fiscal Policy
(C) Credit Policy
(D) Labour Policy
Ans : (C)
12. The city having highest population in the world is—
(A) New York
(B) Tokyo
(C) Mexico
(D) Paris
Ans : (B)
13. Which constitutes the maximum share in power generation ?
(A) Thermal Power
(B) Hydro Power
(C) Atomic Power
(D) All the above have equal share
Ans : (A)
14. Who has been the Chairman of newly constituted UIDAI (Unique Identification Authority of India) ?
(A) Rahul Khullar
(B) Nirupama Rao
(C) Nandan Nilekani
(D) D. Subba Rao
Ans : (C)
15. National Development Council was constituted in—
(A) 1945
(B) 1948
(C) 1952
(D) 1965
Ans : (C)
16. Which is a credit rating agency in India ?
(A) CRISIL
(B) CARE
(C) ICRA
(D) All of these
Ans : (D)
17. CRISIL—
(A) Evaluates the credit documents of a company
(B) Provide financial assistance to industries
(C) Provides finances for rural areas
(D) Promotes exports
Ans : (A)
18. On the lines of ‘Palace on Wheels’, a new train ‘Deccan Odyssey’ is operated in the State—
(A) Tamil Nadu, Karnataka
(B) Maharashtra, Goa
(C) Karnataka, Kerala
(D) Kerala, Tamil Nadu
Ans : (B)
19. Which among the following states is a leading industrialised state ?
(A) West Bengal
(B) Orissa
(C) Maharashtra
(D) Madhya Pradesh
Ans : (C)
20. On the recommendation of Jankiraman Committee, a committee was constituted for improving transaction method of public sector bonds and mutual funds. This committee was—
(A) Nadkarni Committee
(B) Nayak Committee
(C) Goiporia Committee
(D) Tikku Committee
Ans : (A)
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