ECONOMICS AND BUSINESS SOLVED PAPER
(FOR BANK PO/CLERK/IBPS EXAMS)
Q.1.What is RBI’s share in NABARD equity currently?
- 99%
- 51%
- 49%
- 1%
Q.2.… is the indirect tax that registered maximum growth during the first half of 2010-11.
- Excise duty
- Custom duty
- Service tax
- None of the above
Q.3.India recently signed a Line of Credit Agreement worth $ 1 billion with …
- Germany
- Australia
- Malaysia
- Indonesia
Q.4.Which of the following key rate of RBI was highest among all as on November 2, 2010?
- Repo rate
- Reverse repo rate
- Bank rate
- Cash reserve ratio
Q.5.US recently announced one of the largest weapons sales in its history worth about $ 60 billion to which country?
- Kuwait
- Saudi Arabia
- Pakistan
- Afghanistan
Q.6.Who among the following did not bag the Nobel Prize 2010 for Economics?
- Christopher Pissarides
- Peter Diamond
- Dale Mortensen
- Akira Suzuki
Q.7.Among the following, who did not figure in the Forbes’ 100 Most Powerful Women list?
- Indra Nooyi
- Chanda Kochhar
- Savitri Jindal
- Shikha Sharma
Q.8.The direct tax that registered negative growth during the first half of 2010-11 is …
- Corporate tax
- Income tax
- Wealth tax
- Securities transaction tax
Q.9.… is not a financial regulator.
- IRDA
- PFRDA
- AMFI
- SEBI
Q.10.The Indian rupee symbol is based on which script?
- Roman
- Devnagri
- Both a and b
- None of the above
Q.11.The Nobel Prize in Economics 2010 was shared by how many economists?
- 2
- 3
- 4
- 5
Q.12.Identify the Indian state that was the first to introduce Public Service Guarantee Act 2010.
- Gujarat
- Madhya Pradesh
- Haryana
- Bihar
Q.13.Who won the ‘Business Leader of the Year’ title at Economic Times Corporate Excellence Awards 2010?
- R. C. Bhargava (Maruti Suzuki)
- Mukesh Ambani (RIL)
- Aditya Puri (HDFC Bank)
- Ratan Tata (Tata Group)
Q.14.The Union Government has declared… as the ‘National Heritage Animal’ recently.
- Tiger
- Elephant
- Lion
- Camel
Q.15.India was ranked … in the Global Hunger Index released by IFPRI in October 2010.
- 67th
- 69th
- 71st
- 74th
Q.16.The new chief of National Green Tribunal, constituted in October 2010 is ...
- S. K. Puri
- Anil K. Pandey
- Lokeshewar Singh
- Y. S. Dadwal
Q.17.The Goods and Service Tax (GST) proposed to be introduced in 2011 is likely to cover …
- Trade, Sales tax
- Service, Trade tax
- Service, Excise, Sales tax
- Excise, Service, VAT tax
Q.18.India is exploring Shale gas reserves with which country?
- France
- Germany
- United Kingdom
- USA
Q.19.Who won the Lal Bahadur Shastri Award 2010 for excellence in public administration academia and management?
- Arvind Kezeriwal
- Aruna Roy
- Kapil Sibal
- Zia Modi
Q.20.The fi rst World Statistics Day was celebrated on …
- October 17, 2010
- October 18, 2010
- October 19, 2010
- October 20, 2010
Q.21.... is not a part of the TAPI gas pipeline project.
- India
- Afghanistan
- Turkmenistan
- Pakistan
Q.22.The two-day summit of Finance Ministers of G-20 nations was held in which country?
- China
- India
- South Korea
- Canada
Q.23.Name the chairman of the high level infra finance committee formed by the Indian Government.
- Y. K. Alagh
- Y. B. Reddy
- C. Rangrajan
- Rakesh Mohan
Q.24.‘Udyami’, a newly inaugurated helpline assists …
- Micro, NORMAL and Medium enterprises
- Large capital industries
- Only female entrepreneurs
- Farmers introducing technology in farming
Q.25.What is the term ‘Smart Money’ used for?
- FDRs in Banks
- Demand Drafts
- Credit Cards
- Internet Banking
Q.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.
- 9
- 12
- 15
- 18
Q.27.According to Census 2001, what is the percentage of urban population in India?
- 26.7
- 27.1
- 27.8
- 28.6
Q.28.India is placed at ... position, out of 169 countries, in the ‘Medium Human Development’ category classified by Human Development Report 2010.
- 116th
- 117th
- 118th
- 119th
Q.29.Name the country that tops the Human Development Index (HDI) in the Human Development Report 2010.
- Norway
- United States
- Australia
- New Zealand
Q.30.What is the number of Finance Commissions set up till date?
- 11
- 12
- 13
- 14
Q.31.RBI did not alter … in its review of monetary policy 2010-11 on November 2, 2010.
- Only CRR
- Only Bank Rate
- Repo and Reverse Repo Rates
- Both CRR and Bank Rate
Q.32.The per capita income in India stands at … (as per the revised estimated data for 2009-10)
- 40,000
- 44,354
- 47,690
- 48,356
Q.33.Identify the private telecom operator that was the first to introduce 3G services in India.
- Vodafone
- Docomo
- Airtel
- Aircel
Q.34.Food grains production stood at… million tonnes for the year 2009-10, as per the 4th advance estimates.
- 218.20
- 218.25
- 218.50
- 218.75
Q.35.The organisation that recently celebrated the silver jubilee year of its establishment is …
- G-8
- G-20
- ASEAN
- SAARC
Q.36.Agriculture accounts for … of overall employment in India.
- 41%
- 48%
- 52%
- 57%
Q.37.Youth Festival 2011 will be organized in which city?
- Udaipur
- Goa
- Hyderabad
- Bhubaneshwar
Q.38.When was Jawahar Rozgar Yojana (JRY) started?
- January 1, 1989
- March 15, 1989
- April 1, 1989
- None of the above
Q.39.Forward Market Commissions independently regulate …
- Foreign exchange markets
- Mutual funds
- Commodity exchanges
- Stock market
Q.40.What percent of the Gross Domestic Product did agriculture account for in the year 2008-09?
- 12.2
- 13.5
- 14.3
- 15.7
Q.41.The 17th ASEAN Summit was concluded on October 30, 2010 at which place?
- Hanoi
- Singapore
- Manila
- Kuala Lumpur
Q.42.What is the total number of regional rural banks that are working in India?
- 91
- 96
- 100
- 102
Q.43.Who coined the term ‘transformational leadership’?
- Ronald G. Greenwood
- John Jacob Bausch
- Solomon Loeb
- James MacGregor Burns
Q.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.
- Shiksha Mitra Yojana
- Sarva Shiksha Yojana
- Shiksha Sahayog Yojana
- Shiksha Madad Yojana
Q.45.OECD has estimated the Indian economy to grow by … in the current fiscal.
- 9.1%
- 10.1%
- 11.1%
- 11.4%
Q.46.What is the new bilateral trade target to be achieved by 2015 that has been agreed upon by India and China?
- $60 billion
- $66 billion
- $71 billion
- $75 billion
Q.47.JWS Steel Ltd has entered into an agreement with Ispat Industries to buy stake worth …
- 2,150 crores
- 2,153 crores
- 2,157 crores
- 2,159 crores
Q.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 ...
- 4,100 crores
- 4,800 crores
- 5,200 crores
- 5,300 crores
Q.49.Identify the woman who will join HPCL,a state owned oil company as its fi rst ever woman director (marketing).
- Sonali Gulati
- Nishi Vasudeva
- Sanghamitra Chaudhuri
- None of the above
Q.50.Malaysian automobile group DRB-Hicom will be investing more than …in Germany’s Volkswagen AG to assemble vehicles for its regional market.
- $100 million
- $200 million
- $250 million
- $300 million
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