1. Who amongst the following was made the Chairman/Chairperson of the National Land Reforms Commission ?
(A) Somnath Chatterjee
(B) Manmohan Singh
(C) Smt. Sonia Gandhi
(D) Murli Deora
(E) None of these
Ans : B
2. India won Future Cup Twenty-20 cricket match held in October 2007 in Mumbai. The match was played against—
(A) Pakistan
(B) England
(C) South Africa
(D) New Zealand
(E) Australia
Ans : E
3. Who amongst the following are the members of BRIC the summit of which was organized recently ?
1. India
2. Indonesia
3. Brazil
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) Both 1 and 3
Ans : E
4. As per the news which appeared in newspapers/magazines thousands of civilians have to flee the fighting in North Kivu province as there is a war going on between the army of the country and rebels of General Laurent Nkunda. This is the story of which of the following countries ?
(A) Congo
(B) Sudan
(C) Mozambique
(D) Argentina
(E) None of these
Ans : A
5. As we all see oil prices have a special place in economic folklore. Almost all countries keep an eagle eye on the oil prices in the international market. Why is oil so important for the countries and their economies to survive ?
[Pick up the correct statement(s)]
1. Two nastiest global recessions of the recent decades were preceded by huge and sudden rises in prices of oil, first in 1973 and then in 1979. Leaders are scared of their repetition.
2. What makes oil so special is that it is a uniquely dense and portable form of energy. It is not easy to switch to alternatives very quickly, hence any disruptions to supply are damaging for economies.
3. Oil exporting countries are most powerful and violent nations. Countries do not want to invite trouble with them.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) All 1, 2 and 3
Ans : B
6. The fourth Military World Games–2007 were organized in which of the following places in India ?
(A) New Delhi
(B) Hyderabad
(C) Jaipur
(D) Bangalore
(E) Cochin
Ans : B
7. The former President of Mozambique Joaquim Chissano was honoured by the first ever international prize to an African leader, the prestigious “Mo Ibrahim Leadership Prize”. The Prize was given to him in 2007 October. What was the contribution of Chissano owing to which he was selected for the same ?
(Pick up the correct statement)
1. He was instrumental in bringing peace, reconciliation, stable democracy and economic progress to Mozambique.
2. He played a crucial role in diffusing tension between Iran and IAEA over the issue of Iran’s nuclear facilities.
3. He played a crucial role in diffusing conflict between India and some western countries over the issue of subsidy to agriculture in WTO conference held in 2007.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) All 1, 2 and 3
Ans : A
8. Dinar is the currency of which of the following countries ?
(A) Sudan
(B) Myanmar
(C) Afghanistan
(D) Pakistan
(E) None of these
Ans : E
9. Who amongst the following is the Chairman of the 13th Finance Commission constituted recently ? (A) Vijay Kelkar
(B) B. K. Chaturvedi
(C) K. V. Kamath
(D) A. K. Purwar
(E) None of these
Ans : A
10. Many a time we read a term ‘PPP’ in financial newspapers. What is the full form of the same as used in financial world ?
(A) Public Per Capita Power
(B) Per Capita Potential Purchases
(C) Purchasing Power Parity
(D) Present Purchasing Power
(E) None of these
Ans : C
11. The latest European Union Summit took place in which of the following cities in October 2007 ?
(A) Brussels
(B) Paris
(C) Luxembourg
(D) Lisbon
(E) None of these
Ans : D
12. The mid term review of the Monetary and Credit Policy of the RBI (for 2007-08) took place in January 2008. Which of the following is true about the same ?
1. CRR hiked by 0•5 per cent to make it 7•5% w.e.f. 10th February, 2008.
2. GDP growth outlook at 8•5% for 2007-08.
3. Call and put options are now allowed in imports and exports.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 2 and 3
(E) None of these
Ans : A
13. ‘Cryogenic Engines’ are being developed indigenously by an Indian organization. These engines are normally used for which of the following purposes ?
(A) Used for space programme
(B) Used for generating nuclear power
(C) Used by Railways as they are very fast and fuel efficient
(D) Used in fighter planes
(E) None of these
Ans : A
14. The Doing Business Report, an international publication, is published every year by which of the following organization(s) ?
1. World Bank
2. WTO
3. Reserve Bank of India
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2
(E) All 1, 2 and 3
Ans : A
15. Who amongst the following won the Man Booker Prize 2007 ?
(A) K. Narayana Kurup
(B) Eric S. Maskin
(C) Mario R. Capecchi
(D) Anne Enright
(E) None of these
Ans : D
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