1. Which factor among the following creates obstacle in measuring correct estimate of national income ?
(A) Existence of non-monetised sector
(B) Low rate of savings
(C) Under employment
(D) Inflation
Ans : (A)
2. The work on the Census of India has started from 1st April, 2010. What would it achieve something special this time ?
(A) Preparation of a population count
(B) Preparation of identification numbers
(C) Preparation of a National population register
(D) Preparation of a list of people living below the poverty line
Ans : (C)
3. Which of the following is the highest export-oriented handicrafts (in value terms) in Indian exports ?
(A) Gem and ornaments
(B) Leather goods
(C) Brass goods
(D) Ivory goods
Ans : (A)
4. The target set for ensuring FDIinflow into India by the Ministry of Commerce and Industry stands at—
(A) $ 80 billion
(B) $ 90 billion
(C) $ 100 billion
(D) $ 110 billion
Ans : (C)
5. Tendulkar Committee on its alternative methodology for calculating poverty ratio has estimated population below the poverty line at—
(A) 33•8%
(B) 37•2%
(C) 39•0%
(D) 40•2%
Ans : (B)
6. The country producing the maximum silk in the world is—
(A) India
(B) China
(C) Japan
(D) South Korea
Ans : (B)
7. The maximum labour-oriented industry in India is—
(A) Cement Industry
(B) Iron and Steel Industry
(C) Jute Industry
(D) Cotton Industry
Ans : (D)
8. The oil refinery established at Panipat belongs to—
(A) Public Sector
(B) Private Sector
(C) Joint Sector
(D) Cooperative Sector
Ans : (A)
9. In which crop India stands first in the world ?
(A) Wheat
(B) Rice
(C) Sugarcane
(D) Cotton
Ans : (C)
10. Non-reporting of PAN from 1 April while deducting tax on payments would mean application of penalty. What is the penalty ?
(A) Tax would be deducted at 10%
(B) Tax would be deducted at 20%
(C) Imprisonment with fine of Rs. 10,000
(D) Surcharge of 5% on the tax amount
Ans : (B)
11. What is the ascending order of introducing following mentioned programmes ?
(1) DPAP
(2) JRY
(3) IRDP
(4) MNP
(A) 1, 4, 3, 2
(B) 4, 3, 2, 1
(C) 1, 2, 3, 4
(D) 4, 3, 1, 2
Ans : (A)
12. As per unemployment survey made by NSSO, which religion shows the highest Work Population Ratio (WPR) among men in rural areas ?
(A) Hindu
(B) Muslim
(C) Christians
(D) All above religions show equal WPR
Ans : (C)
13. Which of the first microfinance company in India to approach the capital market ?
(A) SKS Microfinance
(B) Spandana
(C) Grameen Koota
(D) Bandhan
Ans : (A)
14. India’s official anti-monopoly body, the Competition Commission of India (CCI) has finally become operational w.e.f.—
(A) April 1, 2009
(B) May 20, 2009
(C) May 22, 2009
(D) May 30, 2009
Ans : (B)
15. Which year was declared as Year of Passenger Service with a smile by the Ministry of Railway ?
(A) 2003-04
(B) 2004-05
(C) 2005-06
(D) 2006-07
Ans : (D)
16. Which country stands first in Maize production ?
(A) India
(B) China
(C) America
(D) Russia
Ans : (C)
17. Who is not the member of National Development Council ?
(A) Governors of the State
(B) Chief Ministers of the State
(C) Administrators of Union Territory
(D) All ministers of Union Cabinet
Ans : (A)
18. Ministry of Micro, Small and Medium Enterprises has proposed to Planning Commission to merge two on-going employment generation schemes. These schemes are—
(A) SJGSY and PMRY
(B) PMRY and RLEGP
(C) RLEGP and SJGSY
(D) PMRY and NREP
Ans : (B)
19. Visible and Invisible items of debit and credit are the part of—
(A) Import-export Policy
(B) Balance of Payment
(C) Balance of Trade
(D) Annual Budget
Ans : (B)
20. Ambani Brothers have cancelled non-compete agreement which was signed in—
(A) 2004
(B) 2005
(C) 2006
(D) 2007
Ans : (C)
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