1. At the beginning of 11th plan, annual target growth rate was put at 9 per cent, but after three year’s appraisal, it has been changed as—
(A) 9•2 per cent
(B) No change
(C) 8•5 per cent
(D) 8•1 per cent
Ans : (D)
2. Which of the following city will be the first city in India to have a second underground railway corridor ?
(A) New Delhi
(B) Kolkata
(C) Mumbai
(D) Chennai
Ans : (B)
3. SEBI has exempted the people of a State for mentioning PAN (Permanent Account Number) while trading mutual funds. This State is—
(A) Sikkim
(B) Arunachal Pradesh
(C) Nagaland
(D) Jammu & Kashmir
Ans : (A)
4. Which bank in India became the first bank to open its branch in China ?
(A) IDBI Bank
(B) HDFC Bank
(C) State Bank of India
(D) Punjab National Bank
Ans : (C)
5. Which of the following is not helpful in controlling money supply ?
(A) Free Market Policy
(B) CRR
(C) Bank Rate
(D) Change in margin requirement
Ans : (A)
6. Reliance Industries Ltd. (RIL) and ‘Reliance Petroleum Ltd. (RPL)’ have been merged w.e.f. April 1, 2009. RIL-RPL merger ratio stood at—
(A) 1 : 16
(B) 1 : 14
(C) 1 : 12
(D) 1 : 10
Ans : (A)
7. The revenue of custom duty goes to—
(A) Only to State
(B) Only to Centre
(C) To both (A) and (B)
(D) RBI
Ans : (B)
8. Which of the following telecom companies got the All India License in 3G-spectrum auction ?
(A) BSNL
(B) MTNL
(C) Bharti Airtel
(D) None of the telecom company
Ans : (D)
9. Rolling Plan was made for the period—
(A) 1971 to 1978
(B) 1980 to 1985
(C) 1978 to 1983
(D) 1992 to 1997
Ans : (C)
10. The maximum number of Foreign Institutional Investors registered with SEBI comes from—
(A) USA
(B) England
(C) Germany
(D) Japan
Ans : (A)
11. What is debt ?
(A) Stock-flow Hypothesis
(B) Flow Hypothesis
(C) Stock Hypothesis
(D) None of these
Ans : (C)
12. Which Union Territory is the most dense populated region of the country ?
(A) Lakshadweep
(B) Delhi
(C) Andman-Nicobar Islands
(D) Puducherry
Ans : (B)
13. In 3G-spectrum auction which of the following telecom companies got the allocation of maximum circles ?
(A) Bharti
(B) Reliance
(C) Aircel
(D) All the above got equal number of circles
Ans : (D)
14. CONCORD of 8 states of Northern region is a scheme of—
(A) FICCI
(B) ASSOCHAM
(C) CII
(D) A joint scheme of all the above
Ans : (C)
15. Which ceiling of the income was recommended tax free from personal income tax by Kelkar Committee ?
(A) Rs. 50000
(B) Rs. 75000
(C) Rs. 1 lakh
(D) Rs. 1.5 lakh
Ans : (C)
16. During 2009-10 India’s trade deficit has been estimated at—
(A) $ 76•242 billion
(B) $ 84•213 billion
(C) $ 102•106 billion
(D) $ 106•240 billion
Ans : (C)
17. The mascot of the merged Indian airline ‘Air India’ is—
(A) Konark Chakra
(B) The Centaur
(C) The Maharaja
(D) Flying Swan with Konark Chakra
Ans : (D)
18. Which Indian Commercial Bank became the first in providing mobile ATM service ?
(A) ICICI Bank
(B) IDBI Bank
(C) HDFC Bank
(D) SBI
Ans : (A)
19. Most banks are offering teaser rates on home loans. What does it mean ?
(A) The rates keep fluctuating during the period of loan with high uncertainty
(B) The initial rate is offered at a rate lower than the prevailing market rate for a few months and then gradually keeps increasing
(C) The initial rate is higher than the current market rate with offer of lower rates at a later date
(D) Home loan borrowers of shorter duration are given preferential rates.
Ans : (B)
20. The first BRIC Summit 2009 was held in—
(A) India
(B) Russia
(C) Brazil
(D) China
Ans : (B)
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