125 Questions and answers on Current Affairs 2011

1. Consider the following statements about Assembly election 2011:

(a) Polling schedule in West Bengal:

April 28: Phase I, 54 seats

April 23: Phase II, 50 seats

April 27: Phase III, 75 seats

May 3: Phase IV, 63 seats

May 7: Phase V, 38 seats

May 10: Phase VI, 14 seats

(b) Polling schedule in Tamil Nadu

April 13: Single phase

(c) Polling schedule in Kerala

April 13: Single phase

(d) Polling schedule in Assam

April 4: Phase I, 62 seats

April 11: Phase II, 64 seats

Which of the above statements are true?

(1) Only (a) and (b)

(2) Only (b) and (c)

(3) Only (c) and (d)

(4) All of the above

2. Match the List-I with List-II

List-I (State)

(a) West Bengal

(b) Tamil Nadu

(c) Kerala

(d) Assam

List-II (Assembly)

1. 294

2. 234

3. 140

4. 126

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 4 1

(3) 3 4 1 2

(4) 4 3 2 1

3. The Supreme Court on ____ said the appointment of PJ Thomas as Central vigilance commissioner (CVC) was illegal.

(1) 3 March, 2011

(2) 4 March, 2011

(3) 5 March, 2011

(4) 6 March, 2011

4. The Election commission on ____ announced assembly poll schedules in 5 states: West Bengal, Tamil Nadu, Kerala, Assam and Punducherry from April 4, 2011 to May 10, 2011.

(1) 1 March, 2011

(2) 2 March, 2011

(3) 3 March, 2011

(4) 4 March, 2011

5. India seems poised to outrace ____ as the World’s fastest growing major economy in 2011.

(1) Japan

(2) China

(3) Britain

(4) USA

6. India recently signed an agreement on technology transfer with____ .

(1) Egypt

(2) Oman

(3) Sudan

(4) United Arab Emirates

7. How many pacts did India sign with China during Chinese Premier Wen Jiabao’s visit to India?

(1) Six Pacts

(2) Seven Pacts

(3) Ten Pacts

(4) Nine Pacts

8. Civil Aviation Ministry has declared to celebrate its Centenary Year during____ .

(1) 2010-11

(2) 2011-12

(3) 2012-13

(4) 2011

9. India has became a part of $ 10 billion Gas pipeline project, the project is backed by-

(1) Russia

(2) U. S. A.

(3) England

(4) Japan

10. The Union Government has recently Project-15 B which is related to-

(1) Defence Programme

(2) Social Programme

(3) Initiating Dialogue with J & K separatists

(4) Telangana Issue

11. Government has declared to stop the circulation of 25 paise coin w.e.f.-

(1) April 1, 2011

(2) June 1, 2011

(3) June 30, 2011

(4) September 30, 2011

12. Srikrishna Committee recently submitted its report on-

(1) Telangana Issue

(2) Tax Reforms

(3) Kashmir Problem

(4) Naxal Issue

13. Indian Army’s Operation Saiyam (patience) was related to-

(1) Kashmir

(2) Scrap Ammunition

(3) North East

(4) None of the above

INTERNATIONAL

14. Taliban militants on ____ shot dead Pakistan’s only Christian government minister for challenging a law that mandates the death penalty for insulting Islam.

(1) 2 March, 2011

(2) 3 March, 2011

(3) 5 March, 2011

(4) 10 March, 2011

15. Nobel laureate Mohammed Yonus, a celebrated pioneer of macro-finance was on ____ forced out from the Grameen Bank (Bangladesh).

(1) 1 March, 2011

(2) 2 March, 2011

(3) 3 March, 2011

(4) 5 March, 2011

16. Which country’s strongman Muammar Gaddafi vowed 2 March, 2011 to fight an uprising against his 41 year rule to “the last man, the last woman”?

(1) Libya

(2) Kenya

(3) Egypt

(4) Tunisia

17. Consider the following statements:

(a) The Gallup world happiness survey ranks Denmark as the happiest nation.

(b) India at 115 out of 155 countries

(c) China at 125 out of 155 countries.

(d) Pakistan at 58 out of 155 countries.

(e) Finland at 2nd and Norway at 3rd.

Which of the above statements are true?

(1) Only (a) and (e)

(2) Only (b) and (c)

(3) Only (c) and (d)

(4) All of the above

18. Consider the following statements:

(a) Muammar Gaddafi came to power in a bloodless military coup in 1959 when the toppled king Idris.

(b) Once called the “Mad dog of the Middle East”.

(c) Libya’s often flamboyantly dressed ruler. Has held power for 42 years.

(d) Tripoli is the capital of Libya.

Which of the statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c) and (d)

(4) All of the above.

19. World’s tallest building is-

(1) Effie Tower

(2) Burj Khalifa

(3) Statue of Liberty

(4) Qutab Minar

20. The 16th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) recently concluded in-

(1) New Delhi

(2) Cancun

(3) New York

(4) Osaka

21. ‘Nomadic Elephant’ was the joint military exercise recently held in India between India and-

(1) Malaysia

(2) Mongolia

(3) Indonesia

(4) Sri Lanka

22. Which country has emerged as the top Migrant Destination Country?

(1) U .S .A

(2)Russia

(3) Japan

(4) Australia

23. The third summit of BRIC is scheduled to be organized in China in-

(1) April 2011

(2) May 2011

(3) June 2011

(4) July 2011

24. Which of the following economy has been rated as the freest economy in the world for the 17th consecutive year?

(1) Singapore

(2) Hong Kong

(3) United States

(4) South Korea

25. As per UNO’s declaration, the year 2011 is being celebrated as International Year of –

(1) Youth

(2) Women Empowerment

(3) Forests

(4) Global Economic Co-operation

STATE

26. A ____ court’s decision to award death to 11 of the 31 convicts in the Godhra Case bound to trigger a debate on the desirability of capital punishment.

(1) bihar

(2) Rajasthan

(3) Gujarat

(4) Maharashtra

27. Vasundhra Raje was elected unopposed as the leader of the BJP Legislature party of Rajasthan on ____ .

(1) 26 February, 2011

(2) 27 February. 2011

(3) 28 February, 2011

(4) 1 March, 2011

28. India’s first Coast Guard Academy would be set up at Azheekkal near Kannur in ____.

(1) Karnataka

(2) Goa

(3) Kerala

(4) Tamil Nadu

29. The four day Goa Carnival is celebrated on ___.

(1) 5 March, 2011 to 9 March, 2011

(2) 6 March, 2011 to 10 March, 2011

(3) 7 March, 2011 to 11 March, 2011

(4) 8 March, 2011 to 12 March, 2011

30. Who is the Chief Minister of West Bengal?

(1) Budhadev Bhatacharya

(2) Jyoti Basu

(3) Mamata Banerjee

(4) None of these

31. Who is the Chief Minister of Tamil Nadu?

(1) Jaya Lalita

(2) M. Karunanidhi

(3) Stalin

(4) Kanimoghi

IMPORTANT PERSONS, BOOK AUTHORS & AWARDS AND SO ON.

32. Who is the CMD of Indian Overseas Bank?

(1) Narendra Bhatiya

(2) M. Narendra

(3) M. Damodaran

(4) M. Piyush

33. Who is the PMEA Chairman?

(1) C. Rangarajan

(2) Chandra Kochhar

(3) C. Ranganathan

(4) C. Raman

34. Who is the MD & CEO of ICICI Bank?

(1) Chanda Chopra

(2) Chanda Kochhar

(3) Shobhana Baratiya

(4) Chanda Mathur

35. Match the List-I with List-II.

List-I (Oscar-2011 Awards)

(a) Best Actor

(b) Best Actress

(c) Best Supporting Actor

(d) Best Supporting Actress

List-II (Person)

(1) Colin Firth ‘The King’s Speech’

(2) Natalie Portman ‘Black Swan’

(3) Christian Bale

(4) Melissa Leo

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 4 1

(3) 1 4 2 3

(4) 4 3 2 1

36. Match the List-I with List-II.

List-I (Oscar-2011 Awards)

(a) Best Director

(b) Best Foreign Film director

(c) Best Motion Picture

(d) Best Foreign Film

List-II (Awardee)

(1) Tom Hooper

(2) Susanne Bier

(3) The King’s Speech

(4) A Better World

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 4 1

(3) 3 4 1 2

(4) 4 3 2 1

37. Match the List-I with List-II.

List-I (Book)

(a) From Green to Evergreen Revolution

(b)Human Rights Inhuman Wrongs

(c) The Truth about Trade

(d) Effective Public relations and Media Strategy

List-II (Writer)

(1) M .S. Swaminathan

(2) Vidya Das

(3) Clive George

(4) C .V. Narasimha

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 4 1

(3) 4 1 2 3

(4) 3 4 1 2

38. Who was the Chairman of the panel constituted to study the recommendation of National Advisory Council (NAC) on the proposed Food Security Bill?

(1) Montek Singh Ahluwaliah

(2) Pranab Mukherjee

(3) C. Rangarajan

(4) Deepak Parikh

39. S. K. Tripathy has been appointed as the new head/chief of –

(1) Central Bureau of Investigation

(2) Research and Analysis Wing.

(3) National Advisory Council

(4) None of the above

40. The author of ‘The China syndrome: Grappling with Uneasy Relationship is –

(1) Harsh V. Pant

(2) Sara Dbow

(3) Era Sezhiyan

(4) Y. V. Reddy

41. Central Excise Day is celebrated of –

(1) February 24

(2) February 28

(3) March 31

(4) April 1

42. Satyanand Mishra has been appointed as the new –

(1) Chief Information Commissioner

(2) Chief Election Commissioner

(3) Chief of Research and Analysis Wing

(4) None of the above

43. Who wrote the famous book “Global Crisis Recession and Uneven recovery” on various issues on global recession?

(1) C. Rangrajan

(2) Montek Singh Ahluwaliah

(3) Amritya Sen

(4) Y. B. Reddy

SPORTS

44. Consider the following statements about world Cup Cricket:

(a) Kevin O’Brien made World Cup history by hitting the competition’s fastest century i.e. 100 of 50 balls.

(b) Bettered Aussie Mathew Hayden’s 66-ball century in 2007 edition.

(c) Pakistan’s Shahid Afridi holds record for fastest ODI hundred ever (in 37 balls).

(d) O’ Brien’s is sixth overall.

(e) Kevin O’Brien celebrated his century in Bangalore on 2 March 2011.

Which of the above statements are true?

(1) Only (a) and (b)

(2) Only (c) and (d)

(3) Only (a) and (e)

(4) All of the above

45. Sports Minister Ajay Maken on ____ announced the programme named “Operation Excellence London 2012” to in build up to the next year’s Olympic Games with an aim to strengthen the medal winners after their record breaking performances at the recently concluded commonwealth and Asian Games.

(1) 3 March, 2011

(2) 4 March, 2011

(3) 5 March, 2011

(4) 6 March, 2011

46. Who become the first century in Xth World Cup Cricket (2011).

(1) Virender Sehwag

(2) Virat Kohli

(3) Sachin Tendulkar

(4) Andrew Strauss

47. Who is the Captain of Australia (World Cup Cricket):

(1) Ricky Ponting

(2) Mycle Clark

(3) Bret Lee

(4) None of these

48. Match the List-I with List-II.

List-I (World Cup Cricket 2011 Captain)

(a) A. Strauss

(b) Shahid Afridi

(c) S. Al Hasan

(d) G. Smith

List-II (Country)

(1) England

(2) Pakistan

(3) Bangladesh

(4) South Africa

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 3 4 1 2

(3) 3 4 2 1

(4) 4 3 2 1

49. The Mascot of World Cup Cricket (2011) is –

(1) Dumpy

(2) Stumpy

(3) Appy

(4) Buppy

50. India’s Youngest Grand Master (Chess) is –

(1) Sourav Ghosal

(2) Parimarjan Negi

(3) S.P. Sethuraman

(4) None of the above

51. The host of 2018 World Cup of Football is –

(1) Qatar

(2) Russia

(3) Japan

(4) India

52. The Winner of Ashes (series) of cricket is –

(1) England

(2) Australia

(3) Zimbabwe

(4) Kenya

SCIENCE & TECHNOLOGY

53. A _____ physicist and two USA Scientists have solved a 400-year-old mystery on the working of the Sun, offering a solution that could help predict space weather and plan space missions.

(1) Delhi

(2) Patna

(3) Kolkatta

(4) Chennai

54. Consider the following statements about National Science Day:

(a) The National Science Day is celebrated on 28 February, 2011.

(b) The day is celebrated every year to mark the discovery of Raman Effect by sir C .V. Raman in 1928, for which he was awarded the Nobel Prize.

(c) Aimed at focusing attention on India Science & Scientists and their role in India’s development.

Which of those above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

55. Aquaphobia is the term associated with –

(1) Water

(2) Land

(3) Ocean

(4) Well

56. India’s first Atomic Power Plant is

(1) Tarapur

(2) Mumbai

(3) Narora

(4) Chennai

57. Food inflation declined by more than one percentage point to ____ for the week ended February 19, 2011, led by a declined in prices of onions, potatoes and pulses.

(1) 9.39%

(2) 8.39%

(3) 10.39%

(4) 11.39%

58. Union Finance Minister Pranab Mukerjee presented the Union Budget for 2011-12 on ___

(1) 28 February, 2011

(2) 27 February, 2011

(3) 26 February, 2011

(4) 1 March, 2011

59. Union Finance Minister Pranab Mukerjee presented the Economic Survey (2011-12) on ____.

(1) 26 February, 2011

(2) 25 February, 2011

(3) 27 February, 2011

(4) 28 February, 2011

60. Union Rail Minister Mamata Banerjee presented the Rail Budget (2011-12) on____.

(1) 25 February, 2011

(2) 26 February, 2011

(3) 27 February, 2011

(4) 28 February, 2011

61. Milk Production-currently 112 million tonne- has been increasing steadily by about ____ million tonne a year

(1) 2.5

(2) 3.5

(3) 4.5

(4) 5.5

62. Wages paid to Mahamta Gandhi National Rural Employment Guarantee Scheme has now been linked with –

(1) Wholesale Price Index

(2) Consumer Price Index for Agriculture Labour

(3) Consumer Price Index for Industrial Workers

(4) Food Inflation

63. ‘IMPS’ is a new term being used in banking sector Its full form is –

(1) Indian Money Payment Service

(2) Interbank Mobile Payment Service

(3) International Money Payment Service

(4) International Mobile Payment Service

64. Which of the following airways company has been acquired by South Indis’s Sun Group?

(1) Spice Jet

(2) IndiGo

(3) Go Air

(4) Jet Airways

65. The Sixth Economic Census is being done in 2011. What was the year of the first Economic Census?

(1) 1951

(2) 1961

(3) 1971

(4) 1977

RAILWAY BUDGET 2011-12

66. Who is the financial commissioner of Railway Board?

(1) Samar Jha

(2) Sameer Jha

(3) Samresh Yadav

(4) Somnath Banerjee

67. The Railway have projected an increase in passenger earnings by over ___ per cent to Rs. 30,456 crore.

(1) 15.5

(2) 16.5

(3) 17.5

(4) 18.5

68. During financial year 2010-11, with 5.3 percent increase in passenger numbers, the railway’s revenue is set to grow ___ percent.

(1) 11.2

(2) 12.2

(3) 13.3

(4) 14.2

69. Consider the following statements about Railway Budget (2010-11):

(1) Mamata Banerjee announced no increase in freight rates.

(2) The Railway has projected a 9.8 percent growth in freight earnings at Rs. 68,260 crore during 2011-12.

(3) They are targeting a 7.4 percent jump in freight carriage to 993 million tones during 2011-12.

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

70. The Railway surplus is expected to increase ____ percent to Rs. 258.41 crore in 2011-12 Rs. 4,104.50 crore in 2010-11.

(1) 18

(2) 20

(3) 28

(4) 30

71. The Plan outlay for 2011-12 has been fixed at Rs. 57, 630, an increase of almost ___ percent, from Rs. 41,642 crore in the current year.

(1) 20

(2) 40

(3) 30

(4) 50

72. According to Railway Budget (2010-11), Private investment to Contribute Rs. ____ crore.

(1) 1,776

(2) 1,876

(3) 1,676

(4) 1,976

73. Railway Minister has set aside Rs. ____crore for new railway lines.

(1) 5,583

(2) 6,583

(3) 9,583

(4) 5,400

74. Railway Minister has set aside Rs. _____ crore for doubling the lines.

(1) 5,406

(2) 4,406

(3) 6,406

(4) 7,406

75. Railway Minister has set aside Rs. _____ crore for gauge conversion projects.

(1) 12,820

(2) 13,820

(3) 14,820

(4) 15,820

76. Consider the following statements about Railway Budget (2011-12):

(a) 56 new express trains, three new Shatabdis and nine new Duronto trains during 2011-12, besides 47 additional suburban sevices in Mumbai and 50 new suburban services for Kolkata.

(b) AC double decker services will be introduced on Jaipur Delhi and Ahmedabad-Mumbai.

(c) Services of 33 trains will be extended while frequency of 17 trains will be extended.

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

77. Railway Minister Mamata Banerjee announced ____ MW gas based power plant at Thakurli in Maharastra for meeting railway requirements.
(1) 400

(2) 500

(3) 700

(4) 900

78. Mamata Banerjee announced additional mechanized laundry units will be set up at ____, Chandigarh and Bhopal for improving the quality of linen in trains.

(1) Kolkata

(2) Nagpur

(3) Raipur

(4) Kanpur

79. Railway minister proposed non-lapsable fund for socially desirable projects under the name of –

(1) Pradhan Mantri Rail Vikas Yojana

(2) Sonia Gandhi Rail Vikas Yojana

(3) Mamata Banerjee Rail Vikas Yojana

(4) Rajeev Gandhi Rail Vikas Yojana

80. A multipurpose pan-India smart card ____ will be introduced very soon to provide single window package to seamlessly pay for tickets for long distance, suburban, metro travelling.

(1) Come India

(2) Go India

(3) True India

(4) Rail India

81. Booking through this portal would be cheaper with a charge of only Rs. ____ for AC classes and Rs. 5 for others.

(1) 18

(2) 16

(3) 15

(4) 10

82. The Railway target to load 993 million tones (mt) goods earning Rs. ____ crore during 2011-12.

(1) 68,260 crore

(2) 65,620 crore

(3) 62,620 crore

(4) 69,620 crore

83. Match the List-I with List-II.

List-(Items)

(a) Total Receipts

(b) Total Working Expenses

(c) Total Expenditure

(d) Excess/Shortfall

List-II (Railway Budget Estimates in Rs. crore) – (2011-12)

(1) 109,393.13

(2) 96,450

(3) 97,400

(4) 5,258.41

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 4 1

(3) 4 1 2 3

(4) 3 1 4 2

84. According to Railway Budget (2011-12), ratio of net revenue to capital-at-charge and investment from capital fund are ____.

(1) 7.6%

(2) 5.6%

(3) 6.6%

(4) 4.6%

85. According to Railway Budget (2011-12), the operating ratio is ___.

(1) 91.1%

(2) 81.1%

(3) 71.1%

(4) 61.1%

86. Indian Railways all set to add 29,000 employees in the coming financial year, including ____ ex-servicemen.

(1) 15,000

(2) 16,000

(3) 17,000

(4) 18,000

87. According to Railway Budget (2011-12), the India Railways have ____PSUs (public sector undertakings) under it.

(1) 11

(2) 12

(3) 13

(4) 14

88. Match the List-I with List-II.

List-(States)

(a) Uttar Pradesh

(b) Maharastra

(c) Gujrat

(d) West Bengal

List-II (Share of New Train in Railway Budget (2011-12)

(1) 12

(2) 21

(3) 12

(4) 29

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 1 4

(3) 3 1 4 2

(4) 4 3 2 1

89. Match the List-I with List-II.

List-(States)

(a) Orissa

(b) Andhra Pradesh

(c) Kerala

(d) Bihar

List-II (Share of New Train in Railway Budget (2011-12)

(1) 8

(2) 12

(3) 9

(4) 6

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 4 1

(3) 3 4 1 2

(4) 4 3 2 1

90. Match the List-I with List-II.

List-(States)

(a) Tamil Nadu

(b) Delhi

(c) Rajasthan

(d) Karnataka

List-II (Share of New Train in Railway Budget (2011-12)

(1) 12

(2) 21

(3) 13

(4) 9

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 4 1

(3) 4 1 2 2

(4) 3 4 1 2

91. Match the List-I with List-II.

List-(States)

(a) Punjab

(b) Assam

(c) Madhya Pradesh

(d) Haryana

List-II (Share of New Train in Railway Budget (2011-12)

(1) 3

(2) 5

(3) 6

(4) 2

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 4 1

(3) 3 4 1 2

(4) 4 3 2 1

92. Consider the following statements about Railways Budget (2011-12).the Railway One Rupee: Income-Comes.

(a) Goods traffic earnings – 65 paise

(b) Passenger earnings – 26 paise

(c) Other Coaching earnings – 3 paise

(d) Sundry other earnings – 3 paise

(e) Miscellaneous receipts – 3 paise

Which of the above statements are true?

(1) Only (a) and (b)

(2) Only (c) and (d)

(3) Only (e) and (d)

(4) All of the above

93. Consider the following statements about Railway s Budget (2011-12), the railway One Rupee: Expenditure –goes:

(a) Staff Wages and allowances – 42 paise

(b) Pension Fund – 17 paise

(c) Fuel – 16 paise

(d) Depriciation reserve fund – 2 paise

(e) Stores – 4 paise

(f) Dividend – 6 paise

(g) Lease Charges – 4 paise

(h) Miscellaneous expenditure – 9 paise

Which of the above statements are true?

(1) Only (a) and (b)

(2) Only (c) and (d)

(3) Only (e), (f), (g) and (h)

(4) All of the above

ECONOMIC SURVEY (2010-11)

94. According to Economic Survey (2011-11), as fiscal deflect stands revised at 4.8 percent of gross domestic product (GDP) for the current financial year against the Budget estimates of ___ percent.

(1) 4.5

(2) 5.5

(3) 6.5

(4) 7.5

95. The Economic Survey (2010-11) pegged the ___percent growth with a rider that global developments.

(1) 7

(2) 8

(3) 9

(4) 10

96. Match the List-I with List-II.

List-(Items)

(a) Agriculture, foresty & fishing

(b) Manufacturing, construction, etc.

(c) Trade, hotels, transport and Communication

(d) Financing, insurance, realestate & business services

List-II (GDP annual growth (2009-10)

(1) 1.3%

(2) 8.1%

(3) 9.7%

(4) 9.2%

Codes:

(a) (b) (c) (d)

(1) 1 2 3 4

(2) 2 3 4 1

(3) 3 4 1 2

(4) 4 3 2 1

97. Economic Survey (2010-11) expects gross tax revenue to revive its share in GDP to____.

(1) 9.8 %

(2) 10.8%

(3) 11.8%

(4) 12.8%

98. According to Economic Survey (2010-11), India needs to invest ____ billion dollar in the Twelfth Plan (2012-17).

(1) 1.125

(2) 1.225

(3) 1.025

(4) 1.325

99. While the overall GDP has grown by 8.62% during 2004-05 to 2010-11, farm GDP has increased by only ____.

(1) 2.46%

(2) 3.46%

(3) 4.46%

(4) 5.46%

100. Consider the following statements about Economic Survey (2010-11).

(a) Economic Survey sees GDP surging past 9% in year ahead

(b) Fiscal and revenue deflects seen at 4.8%, 3.5% of GDP

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Both (a) and (b)

(4) None of these

101. Consider the following statements about agenda for growth, stability:

(a) 2011-12 GDP growth seen at 9%, plus or minus 0.2%

(b) Agriculture growth at 5.4% in 2010-11, services at 9.6 %

(c) Food inflation seems driven by demand

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

102. Consider the following statements about Economic Survey (2010-11):

(a) Economy to grow at least 9% next year and at higher rates in medium-to-long term.

(b) High saving and investment due to rising income levels and demographic factors – to support further growth.

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Both (a) and (b)

(4) None of these.

103. Consider the following statements about Economic Survey (2010-11):

(a) Inflation is a dominant concern, but here to stay –at least 1.5 percentage points higher due to strong growth.

(b) Further increase in interest rates likely

(c) Hints there could be sops for infrastructure financing in Budget

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

104. Consider the following statements about Economic Survey (2010-11):

(a) Two types of bank license suggested for new entrants- one for basic banking another for commercial

(b) Environment added as a chapter for the first time, but the message is: green should not stifle growth

(c) Contradicts RBI on ‘teaser’ rates, says innovation has helped expand market

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

105. Consider the following statements are true?

(a) Direct cash transfers may help check leakage of subsidy

(b) Pitches for rate cap on micro-finance institutions

(c) Supports Bill to boost pensions business, wants government to push new pension Scheme

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

106. Consider the following statements about Economic Survey (2010-11):

(a) Prices: The government warns of tougher times ahead

(b) Infrastructure: Projects, funds a problem, telecom the silver lining

(c) Retail: Survey bats for FDI in multi-brand retail

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

107. Consider the following statements about Economic Survey (2010-11):

(a) Agriculture: Uphill task for farming, unless Green Revolution-II shows up

(b) Industry: Reforms, policy framework needed to sustain output growth

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Both (a) and (b)

(4) None of these

108. Consider the following statements about Economic Survey (2010-11):

(a) Financial Inclusion: Broaden savings, integrated it into system to boost growth

(b) Fiscal Deflect: Introduction of GST Crucial to raise revenues, narrow gap

(3) Human Development: Strike free-a year of relative peace in industrial relations

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

UNION BUDGET (2011-12)

109. Consider the following statements about Economic Survey (2011-12):

(a) Credit flow for farmers raised from Rs. 3, 75,000 crore to Rs. 4, 75,000 crore in 2011-12.

(b) Allocation for infrastructure raised by 23.3 % to Rs. 2, 14,000 crore

(c) Allocation for education up by 24% to Rs. 52,057 crore: for health by 20% to Rs. 26,760 crore.

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

110. According to Union Budget (2011-12), a substantial increase in allocation for Defence by 11.6 % to Rs. _____ crore.

(a) Exemption limit for individual taxpayers raised from Rs. 1.6 lakh, to Rs. 1.8 lakh, giving uniform tax relief of Rs. 2,000.

(b) Exemption limit raised for senior Citizens from Rs. 2.4 lakh to Rs. 2.5 lakh; the qualifying age of the rebate reduced from 65 to 60.

(c) Higher exemption limit for very senior Citizens (80 years and above) at Rs. 5 lakh.

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

111. Consider the following statements about Indirect Tax:

(a) Central Excise Duty to be maintained at standard rate of 10%

(b) Nominal Central Excise Duty of 1% imposed on 130 items entering the tax net.

(c) Basic customs Duty reduced for specified agricultural machinery from 5% to 25%.

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

113. Consider the following statements about Service Tax:

(a) Standard rate of service Tax retained at 10%

(b) Service Tax on air travel raised by Rs. 50 for domestic sector and Rs. 250 for international sector in economy class. In higher classes, it will be 10% flat.

(c) Proposal relating to Service Tax estimated to result in net revenue gain Rs. 4,000 crore.

Which of the above statements are true?

(1) Only (a)

(2) Only (b)

(3) Only (c)

(4) All of the above

114. Direct Taxes code to be finalized for enactment during 2011-12; to be effective from ___.

(1) 1 April, 2012

(2) 1 April, 2011

(3) 1 June, 2012

(4) 1 May, 2011

115. Government Committed to retaining at least ___ ownership and management control of central public sector undertakings.

(1) 41%

(2) 51%

(3) 55%

(4) 60%

116. According to Union Budget (2011-12), housing loan limit under priority sector lending raised to Rs. ___lakh.

(1) 15

(2) 25

(3) 30)

(4) 35

117. According to Union Budget (2011-12), allocation for Bharat Nirman programme up by Rs. ____ crore from Rs. 58,000 crore.

(1) 10,000

(2) 11,000

(3) 12,000

(4) 13,000

118. According to Union Budget (2011-12), from 1 April, 2011, remunerating for Anganwadi workers increased from Rs. 1,500 to Rs. 3,000 a month and Anganwadi helpers from Rs. 750 to Rs. ____ a month.

(1) 1,000

(2) 1,200

(3) 1,500

(4) 2,000

119. According to Union Budget (2011-12), financial helps for Metro projects in Delhi, Mumbai Bangalore, Kolkatta and _____.

(1) Ahmedabad

(2) Kanpur

(3) Pune

(4) Chennai

120. Pranab Mukherjee has raised allocation under Rashtriya Krishi vikas Yojana to Rs. _____crore.

(1) 7,860

(2) 5,660

(3) 8,860

(4) 6,660

121. According to Union Budget (2011-12), which of the following items are cheaper?

(1) Bicycles

(2) Tea & coffee

(3) Desserts

(4) All of these

122. According to Union Budget (2011-12), which of the following items are cheaper?

(1) Dry Fruits

(2) Diapers

(3) CD, VCD & DVD

(4) All of these

123. According to Union Budget (2011-12), which of the following items are cheaper?

(1) Stationary

(2) Kitchenware

(3) Shade and Incense

(4) All of these

124. According to Union Budget (2011-12), which of the following items are cheaper?

(1) Wireless

(2) Snacks

(3) Purifiers

(4) All of these

125. According to Union Budget (2011-12), which of the following items are cheaper?

(1) Silk

(2) Medicines

(3) Only (1)

(4) Both (a) and (2)

ANSWERS

1. (4) All of the above (a) (b) (c) (d)

2. (1) 1 2 3 4

3. (1) 3 March, 2011

4. (1) 1 March, 2011

5. (2) China

6. (2) Oman

7. (1) Six Pacts

8. (2) 2011-12

9. (2) U .S .A.

10. (1) Defence Programme

11. (3) June 30, 2011

12. (1) Telangala Issue

13. (2) Scrap Ammunition

14. (1) 2 March, 2011

15. (2) 2 March, 2011

16. (1) Libya

17. (4) All of the above

18. (4) All of the above

19. (2) Burj Khalifa

20. (2) Cancun

21. (2) Mongolia

22. (1) U.S .A.

23. (1) April 2011

24. (2) Hong Kong

25. (3) Forests

26. (3) Gujarat

27. (1) 26 February, 2011

28. (3) Kerala

29. (1) 5 March, 2011 to 9 March, 2011

30. (1) Budhadev Bhatacharya

31. (2) M. Karunanidhi

32. (2) M. Narendra

33. (1) C. Rangarajan

34. (2) Chanda Kochhar (a) (b) (c) (d)

35. (1) 1 2 3 4 (a) (b) (c) (d)

36. (1) 1 2 3 4 (a) (b) (c) (d)

37. (1) 1 2 3 4

38. (3) C. Rangarajan

39. (2) Research and Analysis Wing

40. (1) Harsh V. Pant

41. (1) February 24

42. (1) Chief Informatioon Commissioner

43. (4) Y. B. Reddy

44. (4) All of the above

45. (1) 3 March, 2011

46. (1) Virender Sehwag

47. (1) Ricky Pointing (a) (b) (c) (d)

48. (1) 1 2 3 4

49. (2) Stumpy

50. (3) S.P. Sethuraman

51. (2) Russia

52. (1) England

53.(3) Kolkata

54. (4) All of the above

55. (1) Water

56. (1) Tarapur

57. (3) 10.39%

58. (1) 28 February, 2011

59. (2) 25 February, 2011

60. (1) 25 February, 2011

61. (2) 3.5

62. (2) Consumer price Index for Agricultural Labour

63. (2) Interbank Mobile Payment service

64. (1) Spice Jet

65. (4) 1977

66. (1) Somar Jha

67. (2) 16.5

68. (1) 11.2

69. (4) All of the above

70. (3) 28

71. (2) 40

72. (1) 1,776

73. (3) 9,583

74. (1) 5,406

75. (2) 13,820

76. (4) All of the above

77. (3) 700

78. (2) Nagpur

79. (1) Pradhan Mantri Rail Vikas Yojana

80. (2) Go India

81. (4) 10

82. (1) 68,260 (a) (b) (c) (d)

83. (1) 1 2 3 4

84. (1) 7.6 %

85. (1) 91.1%

86. (2) 16,000

87. (1) 11

88. (1) 1 2 3 4 a b c d

89. (1) 1 2 3 4 a b c d

90. (1) 1 2 3 4 a b c d

91. (1) 1 2 3 4

92. (4) All of the above

93. (4) All of the above

94. (2) 5.5

95. (3) 9 (a) (b) (c) (d)

96. (1) 1 2 3 4 97. (2) 10.8%

98. (3) 1,025

99. (2) 3.46%

100. (3) Both (a) and (b)

101. (4) All of the above

102. (3) Both (a) and (b)

103. (4) All of the above

104. (4) All of the above

105. (4) All of the above

106. (4) All of the above

107. (3) Both (a) and (b)

108. (4) All of the above

109. (4) All of the above

110. (1) 1, 64,415

111. (4) All of the above 112. (4) All of the above

113. (4) All of the above

114. (1) 1 April, 2012

115. (2) 51%

116. (2) 25

117. (1) 10,000

118. (3) 1,500

119. (4) Chennai

120. (1) 7,860

121. (4) All of these

122. (4) All of these

123. (4) All of these

124. (4) All of these

125. (4) Both (1) and (2)