1. Under liberalisation and deregulation of controls, licence compulsion has been removed for a number of industries. At present the number of having licence restrictions in current policy is—
(A) 4
(B) 5
(C) 12
(D) 6
Ans : (B)
2. The weight of mining sector in Industrial production Index is—
(A) 10•169%
(B) 22•42%
(C) 11•46%
(D) 44•44%
Ans : (A)
3. Under National Mineral Policy (March 1993) Private sector has been permitted for investment in mineral sector. The number of permitted minerals is—
(A) 5
(B) 8
(C) 13
(D) 17
Ans : (C)
4. National Renewal Fund was constituted with the objective of—
(A) Renewal of mines
(B) Modernisation of industries
(C) Establishment of small units
(D) Rehabilitation of removed labourers due to modernisation of industries
Ans : (D)
5. In Union Budget 2010-11 which of the following deficit has been estimated at 4% of the GDP ?
(A) Fiscal Deficit
(B) Primary Deficit
(C) Revenue Deficit
(D) None of the above
Ans : (C)
6. At present, the number of recognised Central Trade Unions is 12. Which of the following trade union continues to be largest among all 12 trade unions ?
(A) Hind Mazdoor Sabha (HMS)
(B) Bhartiya Mazdoor Sangh (BMS)
(C) CITU
(D) INTUC
Ans : (B)
7. Income Tax in India was introduced by—
(A) Sir Charles Wood
(B) Lord Macaule
(C) James Wilson
(D) William Jones
Ans : (C)
8. In Union Budget 2010-11, the 20% income tax slab has been placed for the income between—
(A) Rs. 3 lakh to Rs. 5 lakh
(B) Rs. 4 lakh to Rs. 6 lakh
(C) Rs. 5 lakh to Rs. 7 lakh
(D) Rs. 5 lakh to Rs. 8 lakh
Ans : (D)
9. Which industry group has the highest outstanding amount in non-small scale sector in India ?
(A) Textile industry
(B) Engineering industry
(C) Sugar industry
(D) Iron industry
Ans : (A)
10. In Union Budget 2010-11, for investment in long-term infrastructure bonds, an additional amount of Rs. ……… has been allowed.
(A) 15,000
(B) 20,000
(C) 25,000
(D) 30,000
Ans : (B)
11. For Kharif crop MSP year 2010- 11, the government has increased the MSP of paddy (common and grade A) by—
(A) Rs. 50 per quintal
(B) Rs. 75 per quintal
(C) Rs. 100 per quintal
(D) Rs. 125 per quintal
Ans : (A)
12. Which sector contributes the highest share in Gross Domestic Savings ?
(A) Domestic Sector
(B) Public Sector
(C) Government Sector
(D) Private Corporate Sector
Ans : (A)
13. What is ‘Zero Base Budgeting’ ?
(A) Infinite deficit financing
(B) No curtailment in unproductive expenditure
(C) No appraisal of new programmes
(D) Preparation of new budget every time
Ans : (D)
14. As per NSSO survey report, unemployment in major cities between the period 1999-2000 and 2004-05 has—
(A) Declined by 2% in both male and female
(B) Declined by 2% in males and 1% in females
(C) Gone up by 2% in males and declined by 1% in females
(D) Gone up by 2% in both males and females
Ans : (A)
15. In Union Budget 2010-11, the current surcharge of 10% domestic companies has been—
(A) Raised to 15%
(B) Raised to 12•5%
(C) Reduced to 7•5%
(D) Reduced to 5%
Ans : (C)
16. Which agency/organisation is not related to U.N.O. ?
(A) Universal Postal Union (UPU)
(B) International Finance Corporation (IFC)
(C) World Meterological Organisation (WMO)
(D) International Confederation of Free Trade Union (ICFTU)
Ans : (D)
17. Which of the following pulses/oilseeds got the maximum increase in declared Kharif MSP for the year 2010-11 ?
(A) Sunflower seeds
(B) Arhar/Tur
(C) Moong
(D) Urad
Ans : (B)
18. Which rural sector is not included in ‘Bharat Nirman Yojana’ ?
(A) Irrigation
(B) Water supply
(C) Education
(D) Telephone
Ans : (C)
19. RBI has introduced Base Interest Rate System replacing PLR for determining loan interests w.e.f.—
(A) April 1, 2010
(B) April 30, 2010
(C) May 30, 2010
(D) July 1, 2010
Ans : (D)
20. Agriculture Price Commission and Indian Food Corporation were constituted in—
(A) 1960
(B) 1965
(C) 1966
(D) 1969
Ans : (B)
0 Comments