1. A major Public Sector Bank raised interest rates on loans by 25 basis points–was news in some major financial newspapers recently. This means bank has raised interest by 25 basis points of–
(A) Savings Bank Interest Rate
(B) Base Lending Rate
(C) Repo Rates
(D) Present Rates on Deposits
(E) Discounted Rates of Interest
2. The Finance Minister of India in one of his press conferences said that inflationary pressure is likely to continue following recent increase in rates of some commodities in international markets. Which of the following commodities was he referring to as it gets frequent increase at international levels and disturbs our Home Economy substantially ?
(A) Gold and Silver
(B) Petroleum products
(C) Tea and Coffee
(D) Sugar
(E) Jute and Jute products
3. Immediately prior to change in the measure of Food Inflation, which of the following indexes was being used for measuring it?
(A) Wholesale Price Index
(B) Consumer Price Index
(C) Interest Rates offered by banks on deposits
(D) Sensex and Nifty
(E) None of these
4. What is the full form of 'FINO' a term we see frequently in financial newspapers ?
(A) Financial Investment Network and Operations
(B) Farmer's Investment in National Organisation
(C) Farmers Inclusion News and Operations
(D) Financial Inclusion Network and Operations
(E) None of these
5. Which of the following is / are commodity/ies on which subsidy is given to farmers / poor in India ?
1. Fertilizer
2. Kerosene
3. LPG
(A) Only1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
6. 'Bhagyam Oilfields' which were recently in news are located in which of the following states in India ?
(A) Rajasthan
(B) Gujarat
(C) Assam
(D) Maharashtra
(E) Karnataka
7. The Finance Minister of India recently decided to review the position of 'Bad Debts' in priority sector. Which of the following is/are the reason(s) owing to which PM took this decision ?
1. Bad Debt in agriculture is still rising substantially every year despite special treatment to it.
2. Bad Debt in other areas of priority sector is almost nil now,
3. Govt. is planning to disburse another installment of Rs. 1,60,000 crore which will bring 'Bad Debts' almost at 'Nil level' and no special treatment will be needed in next fiscal year.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) All 1, 2 and 3
8. Which amongst the following countries is not a member of the TAPI pipe line project, which was in news recently ?
(A) India
(B) Afghanistan
(C) Portugal
(D) Pakistan
(E) Turkmenistan
9. An agreement on Arms Reduction popularly known as 'START' is one of the major issues in the way of smooth relations between which of the following two countries ?
(A) India–Pakistan
(B) India–China
(C) China–Japan
(D) USA–Russia
(E) Russia–Iran
10. The International WWW Conference-2011 was organized in which of the following places in March 2011 ?
(A) London
(B) Paris
(C) Vienna
(D) Manila
(E) Hyderabad
11. Which of the following international agencies/ organizations had initiated an "International Convention for the 'Protection of All Persons from Enforced Disappearance' , which came into effect recently ?
(A) World Health Organisation (WHO)
(B) International Court of Justice
(C) International Maritime Organisation
(D) International Atomic Energy Agency
(E) United Nations organization
12. 'BRIC' which was the Organisation of 4 nations namely Brazil, Russia, India and China has now become 'BRICS'. Which is the fifth nation included in it ?
(A) South Korea
(B) Sp Lanka
(C) Singapore
(D) Spain
(E) South Africa
13. The process of acquisition of agricultural land and its compensation to farmers recently came up as a major issue in which of the following states ? (It also created law and order problem in the State)
(A) Haryana
(B) Gujarat
(C) Uttar Pradesh
(D) Rajasthan
(E) Punjab
14. What does the letter 'L' denote in term 'LAF' as referred every now and then in relation to monetary policy of the RBI ?
(A) Liquidity
(B) Liability
(C) Leveraged
(D) Longitudinal
(E) Linear
15. BP Pic which was in news recently is a major international company in field of–
(A) Heavy Machinery
(B) Oil exploration and processing
(C) Atomic Energy
(D) Information Technology
(E) None of these
16. Who amongst the following has been appointed as the new coach of the Indian Cricket team for a period of two years ?
(A) Stuart Law
(B) Allan Border
(C) Gary Kirsten
(D) Duncan Fletcher
(E) Allan Donald
17. Why was Kanishtha Dhankhars name in news recently ?
(A) She was crowned Femina Miss India-2011
(B) She was adjudged Best Actress-2010 by Film Fare
(C) She is the new Capital of India's woman cricket team
(D) She is the new Dy. Minister Textile in place of Dayanidhi Maran
(E) None of these
18. K. Balachander, who was awarded prestigious Dada Saheb Phalke Award-2010, is basically a/an–
(A) Actor
(B) Director
(C) Photographer
(D) Music Director
(E) Choreographer
19. Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short term securities as a reserve all the time. In Banking World this is known as–
(A) CRR
(B) Fixed Asset
(C) SLR
(D) PLR
(E) None of these
20. Which of the following Space agencies recently launched three satellites and placed them into Polar Sun Synchronous Orbit successfully?
(A) NASA
(B) ROSCOSMOS
(C) cnsa
(D) ISRO
(E) JAXA
21. As per the decision taken by the Govt. of India recently, "Bamboo is a liberated item now". What does it really mean ?
1. Bamboo, henceforth will be treated as a minor forest produce only.
2. Now villagers are free to sell bamboo in their community forest areas.
3. Gramsabha is given right to issue transport passes to legally transport the produce.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
22. Union Cabinet recently passed a Rs. 7000 crore project to clean-up which of the following rivers in India?
(A) Narmada
(B) Ravi
(C) Ganga
(D) Chambal
(E) Krishna
23. As per estimates of the Planning Commission of India the target growth rate of 12th Five Year Plan is set to–
(A) 7 to 8%
(B) 8.0% to 8.5%
(C) 9% to 9.5%
(D) 10 to 10.5%
(E) 11%
24. Goodluck Jonathan was recently reelected the President of–
(A) South Africa
(B) Nigeria
(C) Kosovo
(D) Haiti
(E) None of these
25. Which of the following schemes is not launched by the Ministry of Rural Development, Govt. of India ?
(A) National Old Age Pension Scheme
(B) National Maternity Benefit Scheme
(C) National Family Benefit Scheme
(D) Mid-Day Meal Scheme
(E) All are launched by Ministry of Rural Development
(A) Savings Bank Interest Rate
(B) Base Lending Rate
(C) Repo Rates
(D) Present Rates on Deposits
(E) Discounted Rates of Interest
2. The Finance Minister of India in one of his press conferences said that inflationary pressure is likely to continue following recent increase in rates of some commodities in international markets. Which of the following commodities was he referring to as it gets frequent increase at international levels and disturbs our Home Economy substantially ?
(A) Gold and Silver
(B) Petroleum products
(C) Tea and Coffee
(D) Sugar
(E) Jute and Jute products
3. Immediately prior to change in the measure of Food Inflation, which of the following indexes was being used for measuring it?
(A) Wholesale Price Index
(B) Consumer Price Index
(C) Interest Rates offered by banks on deposits
(D) Sensex and Nifty
(E) None of these
4. What is the full form of 'FINO' a term we see frequently in financial newspapers ?
(A) Financial Investment Network and Operations
(B) Farmer's Investment in National Organisation
(C) Farmers Inclusion News and Operations
(D) Financial Inclusion Network and Operations
(E) None of these
5. Which of the following is / are commodity/ies on which subsidy is given to farmers / poor in India ?
1. Fertilizer
2. Kerosene
3. LPG
(A) Only1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
6. 'Bhagyam Oilfields' which were recently in news are located in which of the following states in India ?
(A) Rajasthan
(B) Gujarat
(C) Assam
(D) Maharashtra
(E) Karnataka
7. The Finance Minister of India recently decided to review the position of 'Bad Debts' in priority sector. Which of the following is/are the reason(s) owing to which PM took this decision ?
1. Bad Debt in agriculture is still rising substantially every year despite special treatment to it.
2. Bad Debt in other areas of priority sector is almost nil now,
3. Govt. is planning to disburse another installment of Rs. 1,60,000 crore which will bring 'Bad Debts' almost at 'Nil level' and no special treatment will be needed in next fiscal year.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) All 1, 2 and 3
8. Which amongst the following countries is not a member of the TAPI pipe line project, which was in news recently ?
(A) India
(B) Afghanistan
(C) Portugal
(D) Pakistan
(E) Turkmenistan
9. An agreement on Arms Reduction popularly known as 'START' is one of the major issues in the way of smooth relations between which of the following two countries ?
(A) India–Pakistan
(B) India–China
(C) China–Japan
(D) USA–Russia
(E) Russia–Iran
10. The International WWW Conference-2011 was organized in which of the following places in March 2011 ?
(A) London
(B) Paris
(C) Vienna
(D) Manila
(E) Hyderabad
11. Which of the following international agencies/ organizations had initiated an "International Convention for the 'Protection of All Persons from Enforced Disappearance' , which came into effect recently ?
(A) World Health Organisation (WHO)
(B) International Court of Justice
(C) International Maritime Organisation
(D) International Atomic Energy Agency
(E) United Nations organization
12. 'BRIC' which was the Organisation of 4 nations namely Brazil, Russia, India and China has now become 'BRICS'. Which is the fifth nation included in it ?
(A) South Korea
(B) Sp Lanka
(C) Singapore
(D) Spain
(E) South Africa
13. The process of acquisition of agricultural land and its compensation to farmers recently came up as a major issue in which of the following states ? (It also created law and order problem in the State)
(A) Haryana
(B) Gujarat
(C) Uttar Pradesh
(D) Rajasthan
(E) Punjab
14. What does the letter 'L' denote in term 'LAF' as referred every now and then in relation to monetary policy of the RBI ?
(A) Liquidity
(B) Liability
(C) Leveraged
(D) Longitudinal
(E) Linear
15. BP Pic which was in news recently is a major international company in field of–
(A) Heavy Machinery
(B) Oil exploration and processing
(C) Atomic Energy
(D) Information Technology
(E) None of these
16. Who amongst the following has been appointed as the new coach of the Indian Cricket team for a period of two years ?
(A) Stuart Law
(B) Allan Border
(C) Gary Kirsten
(D) Duncan Fletcher
(E) Allan Donald
17. Why was Kanishtha Dhankhars name in news recently ?
(A) She was crowned Femina Miss India-2011
(B) She was adjudged Best Actress-2010 by Film Fare
(C) She is the new Capital of India's woman cricket team
(D) She is the new Dy. Minister Textile in place of Dayanidhi Maran
(E) None of these
18. K. Balachander, who was awarded prestigious Dada Saheb Phalke Award-2010, is basically a/an–
(A) Actor
(B) Director
(C) Photographer
(D) Music Director
(E) Choreographer
19. Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short term securities as a reserve all the time. In Banking World this is known as–
(A) CRR
(B) Fixed Asset
(C) SLR
(D) PLR
(E) None of these
20. Which of the following Space agencies recently launched three satellites and placed them into Polar Sun Synchronous Orbit successfully?
(A) NASA
(B) ROSCOSMOS
(C) cnsa
(D) ISRO
(E) JAXA
21. As per the decision taken by the Govt. of India recently, "Bamboo is a liberated item now". What does it really mean ?
1. Bamboo, henceforth will be treated as a minor forest produce only.
2. Now villagers are free to sell bamboo in their community forest areas.
3. Gramsabha is given right to issue transport passes to legally transport the produce.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
22. Union Cabinet recently passed a Rs. 7000 crore project to clean-up which of the following rivers in India?
(A) Narmada
(B) Ravi
(C) Ganga
(D) Chambal
(E) Krishna
23. As per estimates of the Planning Commission of India the target growth rate of 12th Five Year Plan is set to–
(A) 7 to 8%
(B) 8.0% to 8.5%
(C) 9% to 9.5%
(D) 10 to 10.5%
(E) 11%
24. Goodluck Jonathan was recently reelected the President of–
(A) South Africa
(B) Nigeria
(C) Kosovo
(D) Haiti
(E) None of these
25. Which of the following schemes is not launched by the Ministry of Rural Development, Govt. of India ?
(A) National Old Age Pension Scheme
(B) National Maternity Benefit Scheme
(C) National Family Benefit Scheme
(D) Mid-Day Meal Scheme
(E) All are launched by Ministry of Rural Development
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