1. As per the reports published in various newspapers/journals etc. the economic map of the world is being redesigned. What is/are the new emerging trends of this new economic map of the world ?
1. With India and Asia at the forefront the centre of economic gravity has shifted to East.
2. Emerging markets, with India among the leaders, are growing faster than old established markets.
3. Central banks of the countries have recognized that case-by-case liquidity solutions are not the answers and a market wide and globally synchronized approach is needed to solve the present crisis.
(A) Only 1 r
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
Ans: (A)
2. As per the Industrial Development Report 2009 India’s rank in Industrial Development was 54 on the Development Index. Which of the following organizations/agencies compiles Industrial Development Index of the world ?
(A) International Labour Organisation
(B) United Nations’ Industrial Development Organisation
(C) World Bank
(D) World Trade Organisation
(E) The Economic and Social Council of UNO
Ans: (B)
3.As per the newly launched ‘Indira Gandhi National Widow Pension Scheme’ a monthly pension will be given to the widows. What will be the amount of the pension ?
(A) Rs. 200
(B) Rs. 400
(C) Rs. 600
(D) Rs. 800
Ans: (A)
4. The merger of which of the following two Indian companies took place in recent past which is termed as “Largest ever merger in India’s Corporate History” ?
(A) Nuclear Power Corporation and National Thermal Power Corporation
(B) State Bank of India and its seven associate banks
(C) Hind Aluminium Company and Century Mills
(D) Tata Motors and Ashok Leyland
(E) Reliance Industries and Reliance Petroleum Ltd. r
Ans: (D)
5. The Prime Minister of India while addressing a meeting of top industrialists of India in March 2009 advised the RBI to further cut interest rates. Which of the following is/are the reasons owing to which the Prime Minister who himself is an economist gave this advise to RBI ?
1. All major economies of the world are passing through a crisis situation. Prime Minister wants RBI to take preventive measures to save Indian economy.
2. In India ample liquidity is available in the market but there are no takers.
3. Inflation is at a comparatively low level at present in the country
(A) Only 1
(B) Only 2
(C) Both 2 and 3 only
(D) None of these
Ans: (A)
6. As per the recent reports, the per capita Income of the country has gone up during 2008-09. What is the per capita income at present ?
About ……….
(A) Rs. 15,000
(B) Rs. 33,000
(C) Rs. 40,000
(D) Rs. 23,000
Ans: (C)
7. Which of the following countries launched its indigenous Satellite ‘Omid’ in February 2009 ?
(A) Spain
(B) Australia
(C) Turkey
(D) Iran r
Ans: (D)
8. While addressing a conference of Bankers and top Industrialists, the Prime Minister made a statement that “Domestic Credit Flow for Productive Needs had to be maintained at a reasonable Cost”. What does it really mean ?
(Pick up the most appropriate statements).
1. Banks should further raise their deposit base and provide very low cost credit to Industry which is badly in need of the same.
2. Banks should neither reduce their lending rates further nor increase the rates on deposits as this may create a critical imbalance in the financial/money market of the country.
3. Banks should see that ample credit is provided to the industries at an affordable cost without diluting the credit norms.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 2 only
Ans: (C)
9. The annual meeting of the world Economic Forum was organized in January–February 2009 in ……
(A) Davos
(B) Brasilia
(C) Washington DC
(D) London
Ans: (A)
10. Which of the following has now became the Third Largest Economy of the World ?
(A) Brazil
(B) India
(C) China
(D) Japan
Ans: (C)
11. Govt. of India has decided to set up two more All India Institute of Medical Sciences (AIIMS) like institutes in near future. These new institutions would be established in ……….
(A) West Bengal and Uttar Pradesh
(B) Haryana & Punjab
(C) Punjab & Tamil Nadu
(D) Tamil Nadu and Andhra Pradesh
Ans: (A)
12. Who amontst the following is the author of the book “Termites in the Trading system” ?
(A) M. S. Swaminathan
(B) Jagdish Bhagwati
(C) Jaswant Singh
(D) M. Chelapati Rao
Ans: (B)
13. Who amongst the following is the highest Wicket taker in the history of cricket ?(Both ODI and Test Cricket)
(A) Wasim Akram
(B) Anil Kumble
(C) Stephan Fleming
(D) Muttiah Muralidharan
Ans: (D)
14. Sania Mirza won the Mixed Doubles of which of the following tennis matches alongwith Mahesh Bhupati ?
(A) US Open 2009
(B) Australian Open 2009
(C) South Africa Tennis Open 2009
(D) ATP Challenger Tennis Championship 2009
Ans: (B)
15. Which of the following are the instruments of Credit Control in the hands of the RBI ?
1. Lowering or raising the discount and interest rates.
2. Raising the minimum support price of the major agro products.
3. Lowering or raising the minimum cash reserves maintained by the commercial banks.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 and 3 only
Ans: (C)
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