1. The President of the Palestine recently emphasized that his country will not resume peace talks until Israel fully halts settlement building in the—
West Bank
Haifa
Gaza
Tel-Aviv-Yafo
Jerusalem
2. All the major world leaders gathered in Berlin in Nov. 2009 to mark the 20th anniversary of—
European Union
NATO
Fall of Berlin Wall
G-20
None of these
3. Now almost all major newspaper journals and magazines are printing research reports giving the analysis and/or the causes of the sub-prime crisis which gripped America and the world a few months back. Which of the following was/were amongst the common cause(s) of the same ?(They were present in almost all the economies) (1) The problem was that investors erroneously believed property prices were quite predictable and built a whole edifice of financial planning on the back of the American housing market. (2) Credit rating agencies all over the world were not equipped to forecast the effect of sub-prime crisis on world economy. Agencies were over-confident and did not react in time. (3) Neither USA nor other countries took a note of the crisis in time. In fact they ignored it for quite some time.
Only 1
Only 2
Only 3
All 1, 2 and 3
Only 1 and 2
4. If you see a big hoarding at a prominent public place, the punch line of which says ‘We All Were Born Free’; ‘We All Have Equal Rights’, in all probability, the hoarding is put up by—
National Commission for Farmers
National Human Rights Commission
Directorate of Income Tax
Ministry of Foreign Affairs
Union Public Service Commission
5. Nowadays we frequently read news items about ‘Derivatives’ as used in the world of finance and money market. Which of the following statement(s) correctly describes what a derivative is and how it affects money/finance markets ? (1) Derivatives enable individuals and companies to insure themselves against financial risk. (2) Derivatives are like fixed deposits in a bank and are the safest way to invest one’s idle money lying in a bank. (3) Derivatives are the financial instruments which were used in India even during the British Raj.
Only 3
Only 2
Only 1
All 1, 2 and 3
None of these
6. Many a time we read in the newspapers that RBI has changed or revised a particular ratio/rate by a few basis points. What is basis point ?
Ten per cent of one hundredth point
One hundredth of 1%
One hundredth of 10%
Ten per cent of 1000
None of these
7. Which of the following issues cannot come under the purview of the functioning of the Human Rights Commission of a country ?
Racial Discrimination
Treatment to Prisoners of War
Human Trafficking
Child Abuse
Climate Migration
8. A prominent international weekly sometime ago printed a caption on its cover page which read ‘Brazil Takes Off’. Other major newspapers/magazines also printed similar stories/articles in their publications at that time. Why have magazines/newspapers decided to talk about Brazil these days ? (1) All major economies of the world have been taking time to recover from the recession but Brazil was one of those which was ‘Last in and First out’. (2) Brazil is a member of BRIC but unlike China it is a democracy, unlike India, it has no hostile neighbours, no insurgents and unlike Russia it exports more oil and arms and treats foreign investors with more respect. (3) Brazil is the world’s second largest booming economy.
Only 1
Only 2
Only 3
All 1, 2 and 3
Only 1 and 2
9. Which of the following countries has conferred the honour of ‘Legion d’ honneur’ on Bharat Ratna Lata Mangeshkar ?
Germany
Norway
Japan
U.K.
France
10. Expand the term NREGA—
National Rural Employment Guarantee Agency
National Rural Electrification Governing Agency
National Rural Employment Guarantee Act
New Rural Employment Guarantee Agency
None of these
11. The Rajya Sabha has recently cleared the new poll bill.Which one of the following amendment(s) is/are made in this bill ?It has proposed—
Increasing the security deposits to more than double
Restricting the publication of exit polls
Ensuring speedy disposal of electoral disputes
Only (A) and (B)
All (A), (B) and (C)
12. The market in which long term securities such as stocks and bonds are bought and sold is commonly known as—
Commodities Exchange
Capital Market
Bull Market
Bullion Market
None of these
13. Which one of the following was India’s top destination for exports during 2009 ?
UAE
USA
Russia
China
Bangladesh
14. Which one of the following will be the first High Court in India, to implement the concept of ‘ecourts’ ?
Delhi
A.P.
Chennai
Kolkata
None of these
15. Amongst the following, which one of the following sectors provides the highest contribution in Industrial Production Index ?
Crude Oil
Petro Refinery Products
Electricity
Coal
None of these
16. Amongst the following sectors, which sector/segment has shown the highest per cent growth in the current fiscal ?
Mining
Manufacturing
Electricity, gas and water supply
Banking and Finance
None of these
17. As per the reports published in newspapers, India purchased around 200 tonnes of gold (almost half the quantity of gold put up for sale) in Sept. 2009. India purchased this gold from which of the following organizations ?
World Bank
Asian Development Bank
International Monetary Fund
International Gold Council
None of these
18. World Trade Organization (WTO)’s ministerial meeting was organized in which of the following cities recently ?
Geneva
Washington
Paris
Port of Spain
None of these
19. In which one of the following countries, was the recent Commonwealth Meet (CHOGAM) held ?
Trinidad
Canada
Australia
Jamaica
U.K.
20. Which of the following decisions taken by the RBI will promote the concept of financial inclusion in the country ?
To appoint some additional entities as business correspondents
To collect reasonable service charges from the customer in a transparent manner for providing the services.
To ask the banks to open at least 50 new accounts daily in non serviced areas.
Only (A) and (B)
None of these
21. For recapitalization of Public Sector Banks, the World Bank has decided to provide funds to India. These funds will be made available in the form of—
Soft Loan
Term Loan
Emergency aid
Grants
None of these
22. Citizens of which one of he following age-groups (in years) are covered under the New Pension System (NPS) ?
18–50
21–55
25–55
18–60
None of these
23. Which one of the following is the objective of the flagship scheme ‘Rashtriya Swasthya Bima Yojana’ (RSBY) ?
To provide life insurance cover to rural households
To provide health insurance cover to rural households
To provide both life and health insurance cover to rural household
To provide life and health insurance covers only to people living below poverty line
None of these
24. Which one of the following had set up the N. R. Narayana Murthy Committee on issues relating to Corporate Governance ?
SEBI
RBI
CII
Ministry of Finance, GOI
None of these
25. The proceeds of the disinvestment of profitable public sector units will be used for which of the following purposes ?
Expansion of existing capacity of PSEs
Modernization of PSEs
Opening of new PSEs
Meeting the expenditure for various social sector schemes
None of these
26. Which one of the following is the target fixed for fiscal deficit in the year 2010-2011 ?
3•5%
4•0%
5•5%
5•0%
None of these
27. Which one of the following companies is the largest producer of natural gas in the country ?
ONGC
OIL
Cairn India
RIL
None of these
28. Which one of the following states has sought a package of Rs. 500 crores ($ 100 million) for its Rural Poverty Reduction Programme ?
M.P.
Tamil Nadu
A.P.
Karnataka
None of these
29. Chinese objections have stalled the road work at the village of Demchok, on the Indian side of the line of control. In which one of the following states is this village located ?
Arunachal Pradesh
Assam
Himachal Pradesh
Rajasthan
None of these
30. Constitutionally, which one of the following can levy Service Tax ?
Union Govt. only
State Govt. only
Union Territory Govt. only
All of these
None of these
31. In the proposed low cost pension scheme, which one of the following has been made responsible for maintaining of the records of pension account of an individual ?
SIDBI
National Securities Depositories Ltd. (NSDL)
Stock Holding Corporation of India
RBI
None of these
32. Which one of the following is/are implication(s) of large inflow of foreign exchange into the country ? 1. It makes monetary management difficult for RBI. 2. It creates money supply, asset bubbles and inflation. 3. It weakens the competitiveness of Indian exports.
Only 1
Only 2
Only 3
Only 1 and 3
All 1, 2 and 3
33. The Central Banks of which one of the following countries has offered $ 115 billion emergency credit to support its economy hit by falling prices and also to strengthen its currency ?
South Korea
Japan
U.K.
USA
None of these
34. Which of the following books is written by Chetan Bhagat ?
The Golden Gate
A House for Mr. Biswas
2 States
White Tiger
None of these
35. NTPC Ltd. is in the process of exploring opportunities to source coal from overseas. In which one of the following countries has the NTPC identified two new coal mines ?
Bhutan
Australia
South Korea
Indonesia
None of these
36. Which of the following organizations has raised its loan amount to India to make it US $ 7 billion in 2009-10 fiscal ?
Asian Development Bank
International Monetary Fund
World Bank
European Union
None of these
37. Who amongst the following cricket players became the first to score 17000 runs in One Day Internationals ?
Rahul Dravid
Stephen Fleming
Ricky Ponting
Sachin Tendulkar
None of these
38. The Govt. of India has decided to use the Core Banking System of banks to ensure proper usage of funds provided for which of its following programmes ?
Literacy Mission
Pradhanmantri Gram Sadak Yojana
National Health Mission
All of these
None of these
39. Famous Dada Saheb Phalke Award is given for exemplary work in the field of—
Sports
Literature
Science & Technology
Social Service
None of these
40. The Reverse Mortgage Scheme was launched by some organizations a few years back. This was done to help which of the following sections of society ?
Beneficiaries of the NREGA
People living Below Poverty Line
Youngsters
Senior Citizens
None of these
41. The organization of the South East Asian countries is known as—
OPEC
ASEAN
NATO
UNCTAD
SAARC
42. ‘Miss Earth 2009’ title has been conferred upon—
Alejandra Pedrajas
Sandra Saifert
Jessica Barboza
Larissa Ramos
None of these
43. Which of the following countries became the third largest producer of Steel in the world in 2009 ?
China
India
USA
Japan
None of these
44. The Foreign Trade policy is announced recently by the Govt. of India. Which of the following ministries/agencies announce the same ?
Reserve Bank of India
Export Import Bank of India (EXIM Bank)
Ministry of Foreign Affairs
Ministry of Commerce & Industry
None of these
45. Irina Bokova has taken over as the Chief of the—
ILO
UNICEF
OPEC
UNO
UNESCO
46. Dorjee Khandu has taken over as the Chief Minister of—
Meghalaya
Uttarakhand
Arunachal Pradesh
Assam
None of these
47. Which of the following terms is used in the game of Football ?
Caddy
Cutback
Mid-on
Love
None of these
48. Which of the following is considered a Non Food Crop ?
Wheat
Maize
Bajra
Rice
Jute
49. Who amongst the following was the Prime Minister of Nepal immediately prior to Madhav Kumar Nepal ?
Ram Baran Yadav
Pushpakamal Dahal
Girija Prasad Koirala
Mahendra Kumar Suryavanshi
None of these
50. The 10th India-European Summit was held in New Delhi in November 2009. Who amongst the following represented India and also chaired the same ?
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