Business & Economy - II

1. Where will Harley-Davidson start an assembly facility in India by the fi rst half of 2011, making it the iconic bike-maker’s only second facility outside U.S.?

a. Tamil Nadu

b. Maharashtra

c. Haryana

d. West Bengal

2. ‘Flipout’ has been launched in India by …

a. Motorola

b. Nokia

c. Samsung

d. Panasonic

3.  Name the fi rst private operator in the country to offer 3G services.

a. Bharti Airtel

b. Tata Teleservices

c. Reliance Communication

d. Idea Cellular 

4. According to a FICCI-Ernst & Young report on “Direct Investments in the US by Indian Enterprises” released on November 3, 2010, India has emerged as the …fastest growing investor in the U.S.

a. First

b. Second

c. Third

d. Fourth

5. Name the biggest employer from among the following Indian Private Companies.

a. TCS

b. Wipro

c. Patni

d. Reliance

6. Who is the new Managing Director of Jindal Powers?

a. R. S. Sharma

b. Ajay Maken

c. Prem Bhatia

d. R. P. Goenka

7. World Investment Report is published by …

a. IBRD

b. WTO

c. UNCTAD

d. IMF

8. What is the maximum investment limit for retail investors in any public issue as per SEBI?

a.  `50000

b.  `5000

c.  `100000

d.  `125000

9. India recently signed a pipeline contract with …

a. Sri Lanka

b. Nepal

c. Japan

d. Turkmenistan

10. On what position does India stand, according to WEF Global Competitiveness Report?

a. 51

b. 57

c. 63

d. 72

11. India recently signed an MOU to co – develop and produce a new multi-role Transport Aircraft with …

a. USA

b. Qatar

c. Sri Lanka

d. Russia

12. Final round of negotiations on a comprehensive economic cooperation agreement was concluded between India and …

a. Pakistan

b. China

c. Japan

d. Bangladesh

13. ‘Company of the Year’ award in Economic times corporate Excellence awards 2010 was bagged by which company?

a. L&T

b. Hero Honda

c. Hundai

d. Skoda

14.  The theme of World Tourism Day – ‘Tourism and Bio-diversity was for the year …

a. 2005

b. 2007

c. 2009

d. 2010

15. China announced to provide $200 million to Sri Lanka for the second phase of … project.

a. Hambantota port develop-  ment project

b. Norochcholai power plant

c. Katunayake expressway

d. Colombo road projects

16. What is the effective rate of interest to be charged by Public sector banks on farm loans?

a. 2% pa

b. 2.5% pa

c. 4% pa

d. 5.0% pa

17. BAFTA award is associated with …

a. Cinema

b. Exports

c. Telecom sector

d. Tourism

18. How many cities are covered under the Jawaharlal Nehru National Urban Renewal Mission?

a. 28

b. 42

c. 63

d. 91

19. Which bank will work as the fi rst Registrar for Unique Identifi cation Authority of India?

a. Cooperation bank

b. SBI

c. Axis Bank

d. Central Bank of India

20. The Chairman and Managing Director of National Housing bank is…

a. Martin Newson

b. R. V. Verma

c. Harsh Chitale

d. Jason Todd

21. Who received the title of the best banker at the awards function organised by the Financial Express?

a. Chanda Kochhar, ICICI    Bank

b. Mr Aditya Puri, HDFC  Bank

c. Mr Sanjay Nayar, Citi Bank

d. Shikha Sharma, Axis Bank

22. Which of the following country has declared Broadband Service as the fundamental right in the country?

a. Finland

b. Nigeria

c. Poland

d. USA

23.  Name the Education and Placement Services Company that has tied up with the Canadaheadquartered Corel to become its authorised online training partner.

a. Landmark

b. Naukari

c. EdServ

d. Shine    

ANSWERS  

1) C  : Haryana
2) A   : Motorola
3)b. Tata Teleservices
4) b. Second
5) a. TCS
6) a. R.S Sharma
7) c. UNCTAD
8)a. `50000 

9). d. Turkmenistan

10). a. 51

11). d. Russia

12). c. Japan

13).  a. L&T

14).  d. 2010

15). a. Hambantota port development project

16). d. 5.0% pa

17). a. Cinema       

18). c. 63

19). b. SBI

20). b. R.V. Verma

21). a. Chanda Kochhar, ICICI Bank 

22). a. Finland

23).c. EdServ

Business & Economy - I

1. What is RBI's share in NABARD equity currently?

a. 99%

b. 51%
c. 49%

d. 1%

2. … is the indirect tax that registered maximum growth during the first half of 2010-11
a. Excise duty

b. Custom duty

c. Service tax

d. None of the above

3. India recently signed a Line of Credit Agreement worth $ 1 billion with …

a. Germany

b. Australia

c. Malaysia

d. Indonesia

4. Which of the following key rate of RBI was highest among all as on November 2, 2010?

a. Repo rate

b. Reverse repo rate

c. Bank rate

d. Cash reserve ratio

5. US recently announced one of the largest weapons sales in its history worth about $ 60 billion to which country?

a. Kuwait

b. Saudi Arabia

c. Pakistan

d. Afghanistan

6. Who among the following did not bag the Nobel Prize 2010 for Economics?
a. Christopher Pissarides

b. Peter Diamond

c. Dale Mortensen

d. Akira Suzuki

7. Among the following, who did not fi gure in the Forbes' 100 Most Powerful Women list?

a. Indra Nooyi

b. Chanda Kochhar

c. Savitri Jindal

d. Shikha Sharma

8. The direct tax that registered negative growth during the first half of 2010-11 is …

a. Corporate tax

b. Income tax

c. Wealth tax

d. Securities transaction tax

9. … is not a financial regulator.

a. IRDA

b. PFRDA

c. AMFI

d. SEBI

10. The Indian rupee symbol is based on which script?

a. Roman

b. Devnagri

c. Both a and b

d. None of the above

11. The Nobel Prize in Economics 2010 was shared by how many economists?

a. 2

b. 3

c. 4

d. 5

12. Indentify the Indian state that was the fi rst to introduce Public Service Guarantee Act 2010.

a. Gujarat

b. Madhya Pradesh

c. Haryana

d. Bihar

13. Who won the 'Business Leader of the Year' title at Economic Times Corporate Excellence 

Awards 2010?

a. R. C. Bhargava

(Maruti Suzuki)

b. Mukesh Ambani (RIL)

c. Aditya Puri (HDFC Bank)

d. Ratan Tata (Tata Group)

14. The Union Government has declared … as the 'National Heritage Animal' recently.

a. Tiger

b. Elephant

c. Lion

d. Camel
15. India was ranked … in the Global Hunger Index released by IFPRI in October 2010.

a. 67th

b. 69th

c. 71st

d. 74^th

16. The new chief of National Green Tribunal, constituted in October 2010 is ...

a. S. K. Puri

b. Anil K. Pandey

c. Lokeshewar Singh

d. Y. S. Dadwal

17. The Goods and Service (GST) proposed to be introduced in 2011 is likely to cover 

a. Trade, Sales tax

b. Service, Trade tax

c. Service, Excise, Sales tax

d. Excise, Service, VAT tax

18. India is exploring Shale gas reserves with which country?

a. France

b. Germany

c. United Kingdom

d. USA

19. Who won the Lal Bahadur Shastri Award 2010 for excellence in public administration academia 

and management?

a. Arvind Kezeriwal

b. Aruna Roy

c. Kapil Sibal

d. Zia Modi

20. The first World Statistics Day was celebrated on …

a. October 17, 2010

b. October 18, 2010

c. October 19, 2010

d. October 20, 2010

21. ... is not a part of the TAPI gas pipeline project.

a. India

b. Afghanistan

c. Turkmenistan

d. Pakistan

22. The two-day summit of Finance Ministers of G-20 nations was held in which country?

a. China

b. India

c. South Korea

d. Canada

23. Name the chairman of the high level infra finance committee formed by the Indian 

Government.

a. Y. K. Alagh

b. Y. B. Reddy

c. C. Rangrajan

d. Rakesh Mohan

24. 'Udyami', a newly inaugurated helpline assists …

a. Micro, Small and Medium enterprises

b. Large capital industries

c. Only female entrepreneurs

d. Farmers introducing technology in farming

25. What is the term 'Smart Money' used for?

a. FDRs in Banks

b. Demand Drafts

c. Credit Cards

d. Internet Banking

26. Companies are required to list shares within … days of the closure of the Initial Public Offers (IPOs), as per the new guidelines issued by SEBI.

a. 9

b. 12

c. 15

d. 18

27. According to Census 2001, what is the percentage of urban population in India?

a. 26.7

b. 27.1

c. 27.8

d. 28.6

28. India is placed at ... position, out of 169 countries, in the 'Medium Human Development' category classified by Human Development Report 2010.

a. 116th

b. 117th

c. 118th

d. 119^th

29. Name the country that tops the Human Development Index (HDI) in the Human Development Report 2010.

a. Norway

b. United States

c. Australia

d. New Zealand

30. What is the number of Finance Commissions set up till date?

a. 11

b. 12

c. 13

d. 14

31. RBI did not alter … in its review of monetary policy 2010-11 on November 2, 2010.

a. Only CRR

b. Only Bank Rate

c. Repo and Reverse Repo Rates

d. Both CRR and Bank Rate

32. The per capita income in India stands at … (as per the revised estimated data for 2009-10)

a. Rs. 40,000

b. Rs. 44,354

c. Rs. 47,690

d. Rs. 48,356

33. Identify the private telecom operator that was the first to introduce 3G services in India.

a. Vodafone

b. Docomo

c. Airtel

d. Aircel

34. Foodgrains production stood at … million tonnes for the year 2009-10, as per the 4th advance estimates.

a. 218.20

b. 218.25

c. 218.50

d. 218.75

35. The organisation that recently celebrated the silver jubilee year of its establishment is …

a. G-8

b. G-20

c. ASEAN

d. SAARC

36. Agriculture accounts for … of overall employment in India.
a. 41%

b. 48%

c. 52%

d. 57%

37. Youth Festival 2011 will be organised in which city?
a. Udaipur

b. Goa

c. Hyderabad

d. Bhubaneshwar

38. When was Jawahar Rozgar Yojana (JRY) started?

a. January 1, 1989

b. March 15, 1989

c. April 1, 1989

d. None of the above

39. Forward Market Commissions independently regulate …
a. Foreign exchange markets

b. Mutual funds

c. Commodity exchanges

d. Stock market

40. What percent of the Gross Domestic Product did agriculture account for in the year 2008-09?

a. 12.2

b. 13.5

c. 14.3

d. 15.7

41. The 17th ASEAN Summit was concluded on October 30, 2010 at which place?

a. Hanoi

b. Singapore

c. Manila

d. Kuala Lumpur

42. What is the total number of regional rural banks that are working in India?
a. 91

b. 96

c. 100

d. 102

43. Who coined the term 'transformational leadership'?

a. Ronald G. Greenwood

b. John Jacob Bausch

c. Solomon Loeb

d. James MacGregor Burns

44. The scheme …, was launched on December 31, 2001 with the objective to lessen the burden of parents in meeting the educational expenses of their children.

a. Shiksha Mitra Yojana

b. Sarva Shiksha Yojana

c. Shiksha Sahayog Yojana

d. Shiksha Madad Yojana

45. OECD has estimated the Indian economy to grow by … in the current fiscal.

a. 9.1%

b. 10.1%

c. 11.1%

d. 11.4%

46. What is the new bilateral trade target to be achieved by 2015 that has been agreed upon by India and China?

a. $60 billion

b. $66 billion

c. $71 billion

d. $75 billion

47. JWS Steel Ltd has entered into an agreement with Ispat Industries to buy stake worth …

a. `2,150 crores

b. `2,153 crores

c. `2,157 crores

d. `2,159 crores

48. The worth of the order that was recently bagged by Lanco Infratech from an arm of Moser Baer Projects to execute a 1200-MW power project is ...

a. `4,100 crores

b. `4,800 crores

c. `5,200 crores

d. `5,300 crores

49. Identify the woman who will join HPCL, a state owned oil company as its first ever woman director (marketing).

a. Sonali Gulati

b. Nishi Vasudeva

c. Sanghamitra Chaudhuri

d. None of the above

50. Malaysian automobile group DRB-Hicom will be investing more than … in Germany's Volkswagen AG to assemble vehicles for its regional market.

a. $100 million

b. $200 million

c. $250 million

d. $300 million

ANSWERS

1. d. 1%

2. b. Custom duty

3. a. Germany

4. a. Repo rate

5. b. Saudi Arabia

6. d. Akira Suzuki

7. c. Savitri Jindal

8. d. Securities transaction tax

9. c. AMFI

10. c. Both a and b

11. b. 3

12. b. Madhya Pradesh

13. c. Aditya Puri (HDFC Bank)

14. b. Elephant

15. a. 67th

16. c. Lokeshewar Singh

17. d. Excise, Service, VAT tax

18. d. USA

19. b. Aruna Roy

20. d. October 20, 2010

21. b. Afghanistan

22. c. South Korea

23. d. Rakesh Mohan

24. a. Micro, Small and Medium enterprises

25. c. Credit Cards

26. b. 12

27. c. 27.8

28. d. 119th

29. a. Norway

30. c. 13

31. d. Both CRR and Bank Rate

32. b. `44,354

33. b. Docomo

34. a. 218.20

35. d. SAARC

36. c. 52%

37. a. Udaipur

38. c. April 1, 1989

39. c. Commodity exchanges

40. d. 15.7

41. a. Hanoi

42. b. 96

43. d. James MacGregor Burns

44. c. Shiksha Sahayog Yojana

45. a. 9.1%

46. b. $66 billion

47. c. `2,157 crores

48. a. `4,100 crores

49. b. Nishi Vasudeva

50. d. $300 million