1. As per the recent reports published in newspapers / magazines, India ranks at a lower level in Hunger Index. The Hunger Index is measured on which of the following indicators?
1. Child Malnutrition
2. Rate of Child Mortality
3. Rate of Literacy
4. No. of people who are calories deficient
(A) Only 1 and 2
(B) Only 2 and 3
(C) Only 1, 2 and 4
(D) Only 2, 3 and 4
Ans: (C)
2. As per the recent report which of the following countries emerged as India's top trading partner during 2008-09 ?
(A) Russia
(B) Brazil
(C) USA
(D) China
Ans: (D)
3. Very often we read in newspapers / magazines about 'Sovereign Wealth Funds'. Which of the following is / are the correct description of the same?
1. These are the funds or the reserves of a government or central bank of a country which are invested further to earn profitable returns.
2. These are the funds, which were accumulated by some/ people over the years but were not put in active circulation as they retain them as Black Money for several years.
3. The funds which are created to be used as relief funds or bailouts packages are known as sovereign funds.
(A) Both 2 and 3 only
(B) Only 2
(C) Only 3
(D) Only 1
Ans: (D)
4. The Ratio of the Cash Reserves that the banks are required to keep with RBI is known as-
(A) Liquidity Ratio
(B) SLR
(C) CRR
(D) Net Demand & Time Liability
Ans: (C)
5. Very often we read about Special Economic Zones (SEZs) in news-papers. What was the purpose of promoting SEZs in India? a. They are established to pro-mote exports.
b. They are established to attract investments from foreign countries.
c. They are established to help poorest of the poor in India as the activities of these zones are reserved only for poor and those living below poverty line.
(A) Only 1
(B) Only 2
(C) Only3
(D) Both 1 and 2 only
Ans: (D)
6. Which of the following awards/ honours was conferred upon Pt. Bhimsen Joshi recently?
(A) Man of the year
(B) Kala Shikhar Samman
(C) Dada Saheb Phalke Award
(D) Bharat Ratna
Ans: (D)
7. As per new revised rules now Foreign Direct Investment in Insurance sector is possible upto the limit of-
A) 26%
(B) 40%
(C) 49%
(D) 70%
Ans: (C)
8. Which of the following countries got Wan chuck as its fifth King recently?
(A) Bhptan
(B) Nepal
(C) Japan
(D) Spain
Ans: (A)
9. India recently signed an agreement with which of the following countries so that they are allowed to deal smoothly with the problem of fishermen who cross International Maritime Boundary Line?
(A) Bangladesh
(B) Sri Lanka
(C) Pakistan
(D) Myanmar
Ans: (B)
10. As per newspaper reports India's Trade gap is showing a negative growth since last few months 'Trade Gap' means what?
(A) Gap between total GDP and total consumption
(B) Gap between total Imports and total Exports
(C) Gap between available liquidity and expected demand in next five months
(D) Gap between budgeted revenue collection and actual collection of the same
Ans: (B)
11. As per the reports published in newspapers India allowed to open Cross-LaC Trade after a gap of about 60 years. Which of the following routes was thrown open for the same?
(A) Srinagar-Muzaffarabad
(B) Kolkata-Dhaka
(C) Varanasi-Kathmandu
(D) Imphal-Yangon
Ans: (A)
12. The financial turmoil all over the world in recent past has also put some effect on Indian economy. What measures RBI had taken to improve the situation?
1. SLR has been reduced by one percentage points and at present is 24%
2. An advance of Rs. 25,000 crore provided to banks / financial institutions under the Agricultural debt waiver and Debt Relief Schemes.
3. RBI allowed banks to raise their capital by issuing Investment Bonds. Almost all big banks have issued such bond in recent past.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 & 3
Ans: (A)
13. Who amongst the following recently announced his Retirement from the cricket world?
(A) Sachin Tendulkar
(B) M. S. Dhoni
(C) Harbhajan Singh
(D) None of these
Ans: (D)
14. The Govt. of India recently signed an agreement with Malaysia to facilitate employment of workers between the two countries. Which of the following was/were the reason(s) owing to which both the nations decided to make an agreement for the same?
1. Malaysia is an important destination for Indian workers as Malaysia has almost 1.5 lakh Indian workers.
2. Most of the Indians are employed with the plantation and construction sectors where they were not getting a fair treatment.
3. In the last few years there was a strong opposition to employ Indians as the unemployment rate in Malaysia is almost 30%
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 & 2 only
Ans: (D)
15. The third Commonwealth Youth Games were organized in October 2008 in-
(A) Chandigarh
(B) Bangalore
(C) Pune
(D) Lucknow
Ans: (C)
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