GK Economics and Industries-05

GK Economy and Industry(Part-V)

201.

The nodal agency for setting up of Agro-Export zones is











 : APEDA



202.

?India Vision-2020? plans to attain a GDP growth of











 : 9%



203.

In India, the deadline of the goal ?Power for all? is in the year











 : 2012



204.

?Dow Jones? is the stock index of











 : USA



205.

In India the first cement factory was started in











 : Chennai



206.

National watershed development project for rain fed area was launched in











 : 1990-91



207.

Who appoints the finance commission in every fifth year











 : The President



208.

Of the following organizations, the easiest to wind up is the



a. Multinational corporation


b. Public limited company




d. Private limited company


 : C



209.

Unclaimed dividends is shown in the balance sheet under the heading











 : Current liabilities



210.

Decentralization is











 : Increase the importance of subordinates



211.

CENVAT is related with











 : Special excise duty



212.

Income of a religious trust is chargeable to tax as income of











 : An association of persons



213.

Which commission recommended the establishment of the Reserve Bank of India











 : Hilton Young Commission



214.

UTI was set up in











 : 1964



215.

Sources of Bank?s incomes are



a. Rebate on discount bills


b. Interest on loans and investments




d. All of these


 : D



216.

The financial position of a commercial bank is reflected in its











 : Balance sheet



217.

Liquidity is the ability of the bank to convert its non-cash assets into cash easily and without ......











 : Loss



218.

Indiasoft 2003, an IT Exhibition and conference was held in











 : New Delhi



219.

The largest contributor to India?s GDP is



a. Manufacturing sector


b. Agricultural sector






 : C



220.

The first finance company to be converted into a bank in India is











 : Kothak Mahindra Finance Ltd



221.

What is the minimum permissible age for employment in any factory or mine in India











 : 14 years



222.

A cheque in India becomes stale after ..... months











 : Six



223.

Wood is the raw material for the manufacture of



a. Paper


b. Paint




d. Ink


 : A



224.

India?s oldest iron and steel industry is











 : TISCO at Jamshedpur



225.

Which of the following is not a function of the Reserve Bank of India



a. Accept deposits above Rs. 1 Crore and above for terms of 5 years


b. The banker to Govt. of India




d. The baker to banks


 : A



226.

Which bank represents India at the International Monetary Fund











 : Reserve Bank of India



227.

Kerala?s first bank Nedungadi bank merged with











 : Punjab National Bank



228.

Imperial Bank of India is now known as











 : Indian Overseas Bank



229.

?Yellow Revolution? is associated with











 : Production of cereals



230.

The gilt-edged market deals in











 : Government securities



231.

Million Wells Scheme (MWS) was started in the year











 : 1988-89



232.

Main function of RIDF is











 : Development of village roads, bridges & marshy places



233.

Mechanization of agriculture will lead to



a. Higher dose of employment


b. Higher per unit cost of operation




d. Higher utilization of resources


 : b & c



234.

NABARD is a



a. Bank


b. Bureau






 : A



235.

The largest revenue in India is obtained from











 : Excise duty



236.

Human Poverty Index is determined on the basis of











 : Backwardness in the area of Economics Education and Health



237.

Prime Minister?s Rozgar Yojana aims at helping



a. Handicapped people


b. Youth of the weaker sections




d. Women


 : C



238.

Which one is the cheapest form of transport in India



a. Railways


b. Inland waterways




d. Oceanic waterways


 : B



239.

The signature found in One rupee currency notes in India is of











 : Secretary, Ministry of Finance



240.

One of the essential qualities of a ?share? in a public limited company is that it is



a. non-transferable


b. easily transferable






 : B



241.

Who among the following is associated with ?Microsoft?



a. Andrew Grove


b. Ted Twiner




d. Rupert Murdoch


 : C



242.

In which industry pure silicon is used











 : Electronic industry



243.

The commodity for which India spends the largest amount to import is











 : Petroleum



244.

A port where no duties are levied on articles of commerce is called











 : Free port



245.

Who finally approves the draft of Five Year plans











 : National development council



246.

Who among the following Indian economists had done the pioneering work on national income



a. P.N. Dhar


b. Prof. Shenoi




d. V.K.R.V. Rao


 : B



247.

Debenture holders of a company are its



a. Creditors


b. Share holders




d. Debtors


 : A



248.

The most important role played by Agricultural Co-operative Societies in the uplifting of rural farmers is











 : Eliminating exploitation of middlemen



249.

In a capitalistic economy there is



a. Maximum production


b. Full employment






 : A



250.

What is deficit financing











 : A deliberate excess of expenditure over income

GK Economics and Industries-04

Improve your GK skill with WIN WORLD GK which is a vast source of all types of GK. Today I posted some of them about Economy and Industry of different countries. Hope this will boost your GK Learning.

GK Economy and Industry(Part-IV)

151.

The region known as the ?Rice-Bowl? of India is











 : Krishna-Godavari Delta region



152.

Which state known as the ?Silk State? of India











 : Karnataka



153.

Rourkala Steel Plant is located in which state











 : Orissa



154.

Which of the state in India produces largest quantity of petroleum



a. Bihar


b. Maharashtra




d. Assam


 : D



155.

The factory producing the largest quantity of Titanium is located in which state











 : Kerala



156.

The state which tops in the production of safety matches and finished leather is











 : Tamil Nadu



157.

Saffron is mainly produced in which state











 : Jammu & Kashmir



158.

The state which produces largest quantity of cloves











 : Kerala



159.

The only Indian state where gold mining is carried on











 : Karnataka



160.

The main producer of Jute in India is which state











 : West Bengal



161.

Caveri delta in Tamil Nadu is famous for the production of











 : Rice



162.

After Uttar Pradesh, which state leads in the production of sugarcane











 : Maharashtra



163.

Lignite mines in India are located in which state











 : Tamil Nadu (Neyveli)



164.

Which state in India is the only producer of diamonds











 : Madhya Pradesh



165.

The state which accounts for more than 90% of total rubber production in India is











 : Kerala



166.

The Zawar mines of Udaipur are famous for











 : Zinc



167.

The oldest and largest industry in India is











 : Cotton textile



168.

India contains the world?s one-fourth mineral deposit in which item











 : Mica



169.

In which state ?Kundremukh iron ore Project? is located











 : Karnataka



170.

Gondwana coal fields are located in











 : Madhya Pradesh



171.

Indian telephone industry is located at











 : Bangalore and Srinagar



172.

The port on the eastern coast of India built after independence to export iron ore to Japan is











 : Paradeep (Orissa)



173.

Hindustan Zinc Limited is located in











 : Udaipur



174.

The town Titagrah is associated with which industry











 : Paper



175.

India had its first oil refinery at











 : Digboi



176.

The famous Haldia oil refinery was set up in collaboration with which country











 : France



177.

Stainless Steel plant is located at



a. Trivandrum


b. Madras




d. Jamshed pur


 : C



178.

India exports Iron ore to which country



a. Japan


b. Sri Lanka




d. Iraq


 : A



179.

The concept of Five Year Plans in India was introduced by











 : Jawaharlal Nehru



180.

By eradicating poverty who wished to ?Wipe out every tear from every eye?











 : Mahatma Gandhi



181.

The Present Coinage system in India was introduced in the year











 : 1957



182.

?White Goods? are











 : Durable consumption goods



183.

Which was the first mutual fund in India











 : UTI



184.

Rising trend in share prices is called











 : Bullish trend



185.

Sales tax is a type of











 : Indirect tax



186.

Removal of poverty was the main objective of which five year plan











 : Fifth



187.

The minimum number of persons required to get a co-operative society registered is











 : 10



188.

The most fundamental division of a class in any society is found between the



a. agriculturalists


b. theist and atheist




d. commoners and rulers


 : C



189.

Basic measure of population distribution is



a. Sex ratio


b. Death rate




d. Birth rate


 : C



190.

Which of the following is not a feature of joint family



a. Small size


b. Common occupation




d. Joint property


 : A



191.

According to Marx the first historical act of society is



a. Distribution


b. Production




d. Conflict


 : B



192.

The early cities rested on the foundation of



a. Taxation


b. Forced labour




d. All the above


 : D



193.

These days a person?s social status is determined by his



a. Birth


b. Occupation




d. Land


 : B



194.

Which theory professed that democracy was useless to the poor in and under developed country, if it could not guarantee them adequate food, clothing and shelter











 : Rice Bown Theory



195.

Which commission was appointed by the Government in 1969, to check the concentration of economic power in the hands of a few business families











 : MRTP commission



196.

With which country?s assistance the Rourkela Steel Plant had been built











 : Germany



197.

?Dax? is the stock exchange of which country











 : Germany



198.

Finance Commission was setup in the year











 : 1952



199.

State Bank of India was nationalised in the year











 : 1955



200.

?Nikkel? is the stock index of











 : Japan

GK Econoimcs and Industries-03

Improve your GK skill with WIN WORLD GK which is a vast source of all types of GK. Today I posted some of them about Economy and Industry of different countries. Hope this will boost your GK Learning.

GK Economy and Industry(Part-III)

101.

Through which agency do the commercial banks finance rural credit?
 (a) Co-operative societies (b) NABARD (c) NAFED (d) Rural banks











 : B



102.

Which of the following is not a Central Government tax?



a. Corporation Tax


b. Land Revenue




d. Income Tax


 : B



103.

The main cause of International Trade is



a. Equal cost difference


b. Absolute cost difference






 : C



104.

Which petroleum company has introduced an improved quality petrol called 'Speed'?



a. Bharat Petroleum


b. Indian Oil




d. None of these


 : A



105.

In the recent past, Reliance has found the gas in..........



a. Mumbai offshore


b. Mahanadi basin




d. Kaveri basin


 : C



106.

Which company uses the ad line, 'Knowing is everything'?



a. BBC World


b. Star




d. Zee


 : A



107.

K.L.M. Royal Airlines belongs to



a. Italy


b. Japan




d. Austria


 : C



108.

Who among the following persons is closely associated with the leading company ITC Ltd?



a. M.S Banga


b. K. Gopalkrishnan




d. Deepak Satwalekar


 : C



109.

Varishtha Pension Bima Yojana has been launched by



a. National Insurance Co.


b. United India Insurance Co.




d. Oriental Insurance Co.


 : C



110.

Suvidha Fixed Deposit scheme was launched by which bank?



a. IDBI


b. ICICI




d. City Bank


 : A



111.

BPO is an abbreviation for



a. Bharat Petroleum Organisation


b. Business Process Outsourcing




d. Bharat Pesticides Outlet


 : B



112.

Which one of the following is not manufacturing mobile telephone handsets?



a. Samsung


b. Nokia




d. Sony


 : C



113.

Which is the largest tea producing country in the world?



a. Kenya


b. Indonesia




d. India


 : D



114.

Recession in the market implies



a. Slump in trade & industry due to fall in demand


b. Increase in trade industry due to rise in demand




d. None of these


 : A



115.

'Bottle neck inflation' means



a. No rise in prices despite increase in aggregate demand


b. Rise in prices without increase in the aggregate demand




d. None of these


 : B



116.

Nandan Nilekani is associated with which company?



a. Satyam Computers


b. Wipro




d. Polaris


 : C



117.

Which is South Korea's largest car manufacturing company?



a. Hyundai


b. Honda




d. Toyota


 : A



118.

Ashok Leyland is owned by the



a. Tatas


b. Birlas




d. None of these


 : C



119.

NABARD stands for



a. National Bank of Agriculture and Regional Development


b. National Bank for Agriculture and Rural Development




d. None of these


 : B



120.

The part of profit or other surpluses of a company distributed proportionately among shareholders is called



a. Preference Share


b. Equity Share




d. None of these


 : B



121.

Which brand/company uses the ad line "We know India better"?



a. Max New York Life Insurance


b. LIC of India




d. Bajaj


 : B



122.

Zero Coupon Bonds are that variety of loans



a. which fail to yield an income for the creditors


b. which are issued at a discount and redeemed at par





d. the market price of which may fall suddenly and heavily


 : B



123.

The term 'Third World' refers to












: Economically developing nations



124.

ADB was setup in the year











 : 1966



125.

National Stock Exchange (NSE) was established in the year











 : 1992



126.

SEBI was established in the year











 : 1988



127.

Bombay Stock Exchange (BSE) was setup in the year











 : 1978



128.

GIC was setup in the year











 : 1973



129.

LIC was established in the year











 : 1956



130.

HDFC was established in the year











 : 1977



131.

HUDCO was setup in the year











 : 1970



132.

NABARD was established in the year











 : 1982



133.

SIDBI was setup in the year











 : 1990



134.

IDBI was setup in the year











 : 1964



135.

Industrial Finance Corporation of India (IFCI) was established in the year











 : 1948



136.

Industrial Credit and Investment Corporation of India (ICICI) was established in the year











 : 1955



137.

Reserve Bank of India was established in the year











 : 1935



138.

The oldest oil refinery in India is located in











 : Digboi (Assam)



139.

Command Area Development Program was launched to











 : Ensure better utilization of irrigation potential



140.

Which two iron and steel plants have been setup in collaboration with the former Soviet Union











 : Bokaro and Bhilai



141.

Which city is known as the silicon valley of India











 : Bangalore



142.

Ranigiri in Andhra Pradesh is famous for











 : Gold



143.

Where has the Geological Survey of India located most of India?s Chromite deposits











 : Cuttack



144.

Firozabad in U.P is famous for ???? industry











 : Glass



145.

Which is the largest rubber producing state in India











 : Kerala



146.

Ankaleshwar in India is known for the production of



a. Petroleum


b. Coal




d. Bauxite


 : A



147.

For which one of the following items, Tirupur is famous as a huge exporter to many parts of the world



a. Handicrafts


b. Gems and Jewelry




d. Knitted garments


 : D



148.

Which of the following Indian cities was the venue for the festival of Gold 2005



a. Chennai


b. Delhi




d. Bangalore


 : B



149.

Which of the following states is the largest producer of cashew nuts in India



a. Tamil Nadu


b. Assam




d. Karnataka


 : C



150.

Which Indian state leads in the production of cotton











 : Maharashtra

GK Economics and Industries-02

GK Economy and Industry(Part-II)

51.

The budget is constitutionally defined as
(a) Annual financial statement
 (b) Record of governments income and expenditure
 (c) Record of financial estimate
 (d) Statement of government financials
 (e) None of these











 : A



52.

Kelkar Committee was appointed for reviewing
 (a) VAT (b) Income Tax (c) IIM fees restucturing (d) Godhra issue (e) None of these











 : B



53.

India occupies first position in the production of which of the following?
 (a) Milk (b) Vegetable (c) Software  (d) Meat (e)  None of these











 : A



54.

After which financial agent of Queen Elizabeth I is the monetary principle, 'Bad money drives out good,' named?











 : Thomas Gresham (Gresham's Law)



55.

Excise duty on a commodity is payable with reference to its
 (a) Production (b) Production and sale
 (c) Production and transportation
 (d) Production, transportation and sale











 : A



56.

Which of the following agencies does not finance local bodies for infrastructural development?
 (a) LIC (b) HUDCO (c) CRISIL (d) ILFS











 : C



57.

Apart from financing directly, through which of the following agencies the commercial banks finance credits?
 (a) NABARD  (b) Rural Banks
 (c) Cooperative societies
 (d) State governments











 : B



58.

Which of the following Mahatma Gandhi series of currency notes issued by the RBI has "agricultural operations" depicted on it?
 (a) Rs. 100 (b) Rs. 50 (c) Rs. 10 (d) Rs.5











 : D



59.

SEBI has introduced "rolling settlement " for selected shares. What does this mean?
 (a) All shares have to be paid on the day of purchase
 (b) Purchases have to make advance payment for the shares
 (c) Purchase can be set off against sales
 (d) Payment has to be settled at the end of the fifth day











 : D



60.

Which one of the following is not among the sources of revenue for the Union?
 (a) Land revenue
 (b) Custom duties including export duties
 (c) Duties excise on tobacco and other goods manufactured or produced in India, except alcoholic liquors, opium, Indian hemp and other narcotic drugs
 (d) Taxes on income other than agricultural income











 : A



61.

Income Tax contributes ____ per rupee to the Central Government's total revenue.
 (a) 20 paisa (b) 13 paisa (c) 11 paisa (d) 8 paisa











 : C



62.

What is the International Bank for Reconstruction and Development more commonly known as?











 : World Bank



63.

Standard 18-carat gold sold in the market contains
 (a) 82 parts gold and 18 parts other metals
 (b) 18 parts gold and 82 parts other metals
 (c) 18 parts gold and 6 parts other metals
 (d) 9 parts gold and 15 parts other metals











 : C



64.

Consider the following companies:
 1. Voltas 2. Titan Industries 3. Rallis India 4. Indian Hotels
 Which of the above companies are in the Tata Group of industries?
 (a) 1 and 2 (b) 2, 3 and 4 (c) 1, 3 and 4  (d) 1, 2, 3 and 4











 : D



65.

In the last one decade, which one among the following sectors has attracted the highest Foreign Direct Investment inflows into India?
 (a) Chemicals other than fertilisers (b) Services sector
 (c) Food processing (d) Telecommunication











 : D



66.

Repo rate is the rate at which
 (a) the Reserve Bank of India lends to State governments (b) the international aid agencies lend to Reserve Bank of India (c) the Reserve Bank of India lends to banks (d) the banks lend to Reserve Bank of India











 : B



67.

In India, the concepts of "minimum needs" and "directed anti-poverty programmers" were innovations of the
 (a) Fourth Five-Year Plan (b) Fifth Five -Year Plan (c) Sixth Five-Year Plan (d) Seventh Five-Year Plan











 : B



68.

Slogan 'The World's local Bank' is associated with
 (a) HSBC (b) American Exp (c) ABN Amro (d) Standard Charted











 : A



69.

"Xtra Premium" is a hi-octane petrol marketed by
 (a) Indian Oil (b) Bharat (c) Hindustan (d) None of these











 : A



70.

Which is India's largest Mutual Fund organisation?
 (a) GIC (b) SBI (c) UTI (d) ICICI











 : C



71.

What does the term "Overgeared Company" mean?
 (a) Company doing extremely well (b) Company deeply in debt (c) Company running satisfactorily (d) None of these











 : B



72.

Which is India's first Euro-II complete car?
 (a) Maruti-800 (b) Matiz (c) Tata Safari (d) Fiat Palio











 : B



73.

In the context of stock market, the abbreviation IPO stands for
 (a) Immediate Payment Order (b) Internal Policy Obligation (c) Initial Public Offering (d) None of these











 : C



74.

Pradham Mantri Gram Sadak Yojana (PMGSY) was launched in the year
 (a) 2001 (b) 2000 (c) 1999 (d) 1998











 : B



75.

Which is India's largest B P O (Business Process Outsourcing) company?
 (a) Progeon (b) Spectramind (c) Technovate (d) None of these











 : D



76.

"Cook food. Serve love" punch line is associated with
 (a) Bharat gas (b) Indane (c) LG Micro oven (d) Super flame











 : A



77.

Which one is not a product from Daburs?
 (a) Real Juice (b) Vatika Shampoo (c) Sona Chandi Chwanprash (d) Amla Hair oil











 : D



78.

'Suvidha' fixed deposits scheme has been launched by
 (a) ICICI bank (b) City Bank (c) State Bank of India (d) IDBI











 : D



79.

The catchline 'The joy of flying' is associated with
 (a) Jet Airways (b) Sahara Airlines (c) Indian Airlines (d) Air India











 : A



80.

Grand Vitara XL-7 is a vehicle launched by?
 (a) Ford (b) GM (c) Maruti Suzuki (d) Hyundai











 : C



81.

'Ceteris Paribus' means
 (a) Ignoring everything (b) Including each component (c) All other things unchanged (d) Everything variable











 : D



82.

One of the essential conditions of perfect competition is
 (a) Different prices for identical products (b) Large number of buyers and sellers (c) Large number of buyers and less number of sellers (d) Only one seller in the market











 : B



83.

Which of the following is not included in the National Income?
 (a) Imputed rent of owner occupied houses (b) Government expenditure on making new bridge (c) Winning a lottery (d) Commission paid to an agent for sale of a house











 : C



84.

Unforeseen obsolescence means loss of value of fixed assets due to
 (a) Change in the technique of production (b) Change in fashion (c) Sudden change in demand (d) Natural calamities like floods, fire, etc.











 : A



85.

The main determinant of real wages is
 (a) Extra earnings (b) Nature of work (c) Promotion prospects (d) Purchasing power of money











 : D



86.

What causes marginal returns to vary from increasing returns to diminishing returns?
 (a) Unequal efficiency of different units of variable factor (b) Increase in fixed costs (c) Unequal efficiency of labour employed (d) When we move beyond the optimum output











 : D



87.

Excess of earnings of any factor of production over its minimum supply price is known as
 (a) Profit (b) Rent (c) Opportunity cost (d) Marginal cost











 : C



88.

Imputed gross rent of owner-occupied buildings is a part of
 (a) Capital formation (b) Final consumption (c) Intermediate consumption (d) Consumer durable











 : B



89.

Classical economists mainly emphasised full employment through
 (a) Lower profit (b) Lower money wages (c) Decreasing money supply (d) Lower rate of interest











 : D



90.

The input-output analysis is often called as
 (a) Cost-benefit analysis (b) Marginal cost analysis (c) Inter-industry analysis (d) None of the above











 : A



91.

Which one of the following is not a function of the State Finance Corporation?
 (a) Underwrites issue of stocks, shares, debentures (b) Advances loans to industrial concerns (c) Directly subscribes to the shares of Industrial concerns (d) Subscribes to the debentures floated by the Industrial concerns











 : C



92.

At Break-Even point, there is
 (a) Profit (b) Loss (c) No loss no profit (d) Income











 : C



93.

After quantitative restrictions were lifted, what prevents large scale availability of imported used cars in India?
 (a) Low cost of good cars manufactured in India (b) Extent of import duty and the expired life of the car (c) Pollution norms and right-hand drive features (d) Both (b) and (c) above











 : D



94.

Where is India's 'Silicon Valley' situated?
 (a) Dehradun (b) Bangalore (c) Hyderabad (d) Srinagar











 : B



95.

Over the past fifty year's period, in which of the following categories, the average yield (in quintals per hectare) of food-grains showed the highest increase in India?
 (a) Rice (b) Wheat (c) Pulses (d) Maize











 : B



96.

Which amidst the following is a demand pull factor causing inflation?
 (a) Non-plan expenditure (b) Increasing indirect taxes (c) Administered prices (d) Subsidies











 : A



97.

Which category of Indian stocks have been most sensitive to the fluctuations of the stock prices on the 'NASDAQ'?
 (a) ICE (b) Commodities (c) pharmaceuticals (d) Textiles











 : A



98.

Which amongst the following banks merged with the ICICI Bank?
 (a) Global trust Bank (b) Bank of Madura (c) Tamil Nadu Mercantile Bank (d) New Bank of India











 : B



99.

When was the quantitative restrictions on most of the imports lifted by India as a follow-up of the W.T.O agreements?
 (a) 1st April, 2001 (b) 1st October,1999 (c) 1st January, 2000 (d)1st April, 1998











 : A



100.

What was the objective of constructing Central and State Warehousing Corporations?
 (a) To process perishable agricultural products (b) Storage facility (c) Distribution centres for fertilisers and seeds (d) Bulk stores of FCI, STC and MMTC.











 : B

GK Economics and Industries-01

GK Economy and Industry(Part-I)

2.

The Value Added Tax (VAT) adopted by 21 States replaced which of the following taxes?
 (a) Customs Duty  (b) State Sales Tax (c) Excise Duty  (d) Service Tax











 : B



3.

Which of the following is not a source of geothermal energy?
 (a) Hot Geyser  (b) Hot Spring (c) Coal  (d) Volcano











 : C



4.

Which of the following manufacturing industries is regarded as the most basic for our modern civilization?
 (a) Chemicals  (b) Iron and Steel (c) Petrochemical  (d) Textiles











 : B



5.

The largest gold producing country in the world is
 (a) Brazil  (b) Canada (c) South Africa  (d) USA











 : C



6.

The iron and steel industries of which of the following countries are almost fully dependent on imported raw materials?
 (a) Britain  (b) Japan (c) Poland  (d) Germany











 : B



7.

According to 'India Vision 2020', if India has to attain the goal of total employment by the year 2020, it should work towards generating scope for ______ jobs per year
 (a) 1 million   (b) 2 million (c) 5 million  (d) 10 million (e) None of these











 : C



8.

High rates of interest in a low inflation regime
 (a) Attract people to make more and more investments
 (b) Discourage people to make an investment
 (c) Create atmosphere for capital formation
 (d) Are not favourable for credit expansion
 (e) None of these











 : B



9.

Which among the following commodities, also called 'goods of sin' in popular parlance, serve as a source of substantial revenue and yet the tax levied on them is termed as 'Sin Tax"?
 (a) Cigarette and betel 'masala' (b) Fashionable attires and leather goods
 (c) Gems and artificial jewelleries (d) Meat and drugs containing animal protein
 (e) None of these











 : A



10.

The BSE sensex is based on the price movement of how many shares?
 (a) 100 (b) 500 (c) 40 (d) 30











 : D



11.

In India the major export of iron ore is from
 (a) Visakhapatnam (b) Paradip (c) Marmugao (d) Haldia











 : C



12.

As an export item of India, which spice occupies the top position in value?
 (a) Pepper (b) Chilies (c) Turmeric (d) Cardamom











 : A



13.

The first chemical port in India for export and import of chemical products is being set up at
 (a) Diu (b) Mumbai (c) Porbandar (d) Dahej











 : A



14.

Which one of the following ports was developed first after Independence?
 (a) Paradip (b) Tuticorin (c) Marmugo (d) Kandala











 : D



15.

In India, a tax on agricultural income can be levied
 (a) Only by the central Government (b) Only by the state Government
 (c) By both the central and state Governments
 (d) By neither the central nor the state Government











 : B



16.

Which one of the following is not a central tax?
 (a) Sales tax (b) Income tax (c) Excise duty (d) Customs duty











 : A



17.

The central objective projected by the eleventh five year plan of India is
 (a) Faster Rural development (b) faster and enhanced Industrial growth
 (c) Enhancement of Agricultural Products (d) Welfare of Women and children











 : B



18.

Who is known as the father of 'Zero base budgeting'?
 (a) Philips Kotleryhrr (b) Peter A Pyhrr (c) Tony Blair (d) Manmohan Singh











 : B



19.

The Reserve Bank of India was established
 (a) 1st January 1949 (b) 1st April 1935 (c) 1st March 1947 (d) 1st may 1955











 : B



20.

Which of the following has become the first company in India to obtain BBB rating, higher than the country sovereign rating, from global credit agency Standard and Poor's:
 (a) Wipro (b) TCS (c) Satyam (d) Infosys (d) None of these











 : D



21.

Which company has become the first Indian company in the automobile and engineering sector to be listed on the NEW York Stock Exchange (NYSE):
 (a) Maruti Udyog Ltd (b) Mahindra & Mahindra
 (c) Hindustan Motors (d) Tata Motors (e) None of these











 : D



22.

Data one is the name associated with:
 (a) Reliance Infocom (b) Tata Infocom
 (c) Airtel (d) BSNL broadband service
 (e) None of these











 : D



23.

The first state in India to recognize tourism as an industry is
(a) Kerala (b) Tamil nadu (c) Goa (d) Maharashtra











 : C



24.

The Indian state with highest per capita income is
 (a) Punjab (b) Haryana
 (c) Kerala (d) Maharashtra











 : A



25.

The largest public sector industry in India is
 (a) Coal (b) Railways
 (c) Post and Telegraph (d) Indian Oil Corporation











 : B



26.

The signature found on a 10 rupee note is that of
 (a) The finance Minister of India
 (b) The Secretary Finance Department
 (c) The President of India
 (d) The Governor, Reserve Bank of India











 : D



27.

How many banks were nationalized in 1969?
 (a) 12 (b) 13 (c) 14 (d) 19











 : C



28.

Decimal coinage was introduced in India in the year.
 (a) 1955 (b) 1957 (c) 1960 (d) 1947











 : B



29.

The 'Garibi Hatao' slogan was coined by
 (a) 1989  (b) 1985  (c) 1979 (d) 1975











 : D



30.

The twenty point programme was first started by
 (a) Rajiv Gandhi  (b) Indira Gandhi
 (c) Jawaharal Nehru (d) Narasimha Rao











 : B



31.

The concept of five year plans in India was introduced by
 (a) Jawaharlal Nehru  (b) Vallabhai Patel
 (c) M.Visweshwarayya  (d) Gandhiji












 : A



32.

The SEBI stands for
 (a) State Earnings Board of India 
(b) Securities and Earning Board of India
 (c) Securities and Exchange Board of India
 (d) None of these











 : C



33.

The most important small scale industry in India
 (a) Handloom  (b) Coir
(c) Cashew  (d) Matchbox











 : A



34.

NCAER is
 (a) National Centre for Applied Economics Research
 (b) National Commission for Applied Education Research
 (c) National Council of Applied Economics Research
 (d) National Commission of Applied Economics Research











 : C



35.

What is known as golden fibre
 (a) Jute (b) Silk (c) Coir (d) None of these











 : A



36.

Largest producer of silk in the world
(a) Russia (b) Switzerland (c) China (d) India











 : C



37.

SEBI has banned Samir Arora from trading in stock markets for 5 years. He was the chief Investment officer of
 (a) Smart Investments (b) Quick money Com
 (c) Alliance Capital (d) Smart Savings & Investments
 (e) None of these











 : C



38.

Which among the following country is the biggest sea food buyer from India.
 (a) Japan (b) North Korea (c) China
 (d) USA (e) None of these











 : D



39.

Which country became the first hydrogen economy of the world.
 (a) Ireland (b) Thailand
 (c) Switzerland (d) Iceland (e) England











 : D



40.

In India, which of the following Bt crop was not evolved.
 (a) Bt Cotton (b) Bt Mustard
 (c) Bt Rice (d) Bt Cabbage
 (e) None of these











 : C



41.

The green rating project run by the centre for science and environment, New Delhi had insisted to shut down which plants by 2005.
 (a) Lead arsenate plants (b) Mercury plants
 (c) Silicon plants (d) Iron and Steel plants
 (e) Cadmium plants











 : B



42.

Which of the following Indian Ports became the first Indian Port to cross the 50 MT mark in 2004-05?
 (a) Kolkata (b) Chennai (c) Visakhapatanam (d) Mumbai











 : C



43.

India's first private telephone service was launched in 1998 in
(a) New Delhi (b) Mumbai (c) Indore (d) Chennai











 : C



44.

The plan Holiday refers to the period
 (a) 1965-68 (b) 1966-69 (c) 1967-70 (d) 1978-80











 : B



45.

Which one of the following is not an objective of India's economic planning?
 (a) Population Growth (b) Industrial Growth
 (c) Self-reliance (d) Employment generation











 : A



46.

Most of the disguised unemployed persons in India  are found in
 (a) Agriculture (b) Industry (c) Trade (d) Transport











 : A



47.

Food for work program was introduced during the
 (a) Fourth Plan (b) Fifth Plan
 (c) Sixth Plan (d) Seventh Plan











 : B



48.

A market economy is one in which
 (a) products are sold
 (b) products and factors are bought
(c) products and factors are bought and sold
 (d) None of these











 : C



49.

In a free economy inequalities of income are mainly due to
 (a) free competition (b) private property only
 (c) private property and inheritance
 (d) difference in the marginal productivity of labour











 : C



50.

'G' in 'G'-Sec' stands for
 (a) Government Securities (b) Global Securities
 (c) General Securities
 (d) Group Securities (e) None of these