1.

Which of the following statement (s) reflects India’s stand on new World Trade

Organization’s proposal on the issue of the subsidy to agro products ?

(1) India would protect the interest of its poor farmers who can not bear the burden of the

cost of the products if they have to sell them on cheaper rate.

(2) Indian industry needs more flexibility as compared to the industry in developed countries.

(3) WTO has set up a new committee under the chairmanship of Putin of Russia to look into

the issue of subsidy and find out a solution to the problem acceptable to all the parties.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 2

(E) None of these

ANS (A)

2. Which of the following statement (s) is / are true about the 11th five year plan of India ?

(1) The highest priority is given to exports ,education and development of steel sector.

(2) The plan aims at achieving the growth at 10 % level by the end of the plan.

(3) The Rashtriya Krishi Vikas Yojana is revived in such a way so that it can be achieve a

growth nof 4 % for agriculture sector.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 2

(E) None of these

ANS (D)

3. As per the figures released recently the Stock markets in emerging economies made

handsome returns last year (2007-08). Which of the following stock markets amongst the

BRIC nations registered highest increased (97 %) compared to its performance in 2006-07 ?

(A) Cina

(B) Brazil

(C) Russia

(D) India

(E) None of these

ANS (D)

4. Bayana which was in news recently is a place in -

(A) Uttar Pradseh

(B) Madhya Pradseh

(C) Bihar

(D) Haryana

(E) Rajasthan

ANS (E)

5. Which of the following statement (s) is / are correct about the Indo-Russia Bilateral Defence

Ties ?

(1) Both the countries have decided to produce a fifth generation fighter aircraft and a multi

role cargo plane.

(2) India has agreed to launch Russian missiles from its base at Chandipur incase some other

nation attacks on Russia

(3) India and Russia were able to sort out differences over the utilization of Rupee debt fund

which is of Rs. 8000 Crore at present.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 3 only

(E) None of these

ANS (A)

6. India has recently decided to put a wire fence on the 76 km. long border in Dhudri district

in Assam. The fence will separate India from -

(A) Nepal

(B) China

(C) Bangladesh

(D) Myanmar

(E) Pakistan

ANS (C)

7. As we all know the Govt. of India is very keen about providing banking service to the

people in rural and remote areas . However , banks feel that the cost of providing services in

these areas for financial inclusion is quite high if services are offered through the “traditional

branch channel “. What is / are the other alternative cost effective channel (s) to fulfill this

aim of the Govt. of India ?

(1) Putting biometric ATMs.

(2) Introduce mobile banking.

(3) Issue credit or debit cards

(A) Only 1

(B) Only 2
(C) Only 3

(D) All 1,2 & 3

(E) None of these

ANS (B)

8. The Govt. of India recently issued a notification altering constituencies in 24 States and

Union territories. This is done as per the provision of which of the following Acts?

(A) Delimitation Act

(B) Census Act

(C) Parliament Act

(D) State Reorganization Act

(E) None of these

ANS (A)

9. As we read very frequently in the newspaper fraudulent activities in financial world is still

continuing despite various efforts made by various countries to prevent them. As an estimate

by IMF, what is the probable amount derived from such illegal activities which is laundered

through the world’s formal financial systems every year? About -

(A) US$ 500 billion

(B) US$ 800 billion

(C) US$ 1000 billion

(D) US$ 1250 billion

(E) US$ 1500 billion

ANS (D)

10. Indian Prime Minister during his visit the Arunachal Pradesh a few months back asserted

that the State is India’s Land of Rising Sun. Which of the following countries did not like his

statement and had raised some objection over his visit to Arunachal Pradesh which is very

much a part of India?

(A) Myanmar

(B) China

(C) Bangladesh

(D) Bhutan

(E) Nepal

ANS (B)

11. Which of the following is the amount of insurance cover provided to the workers of the

unorganized sector under Rashtriya Swasthya Bima Yojana?

(A) Rs. 10,000/-

(B) Rs. 20,000/-

(C) Rs. 30,000/-

(D) Rs. 40,000/-

(E) Rs. 50,000/-

ANS (C)

12. Which of the following is NOT one of the highlights Economic Survey presented in the Lok

Sabha for the year 2007-08?

(A) Economy has “moved to higher growth phase”

(B) A trend of acceleration in domestic investment and saving rate is recorded.

(C) Buoyant growth in Govt. revenue.

(D) Indian Economy at market rate of exchange crossed 1 trillion US$ in current fiscal.

(E) Net Foreign direct Investment increased by 350 % .

ANS (E)

13. Which of the following is / are correct about sub prime crisis which was in news recently?

(1) It has reduced the flow of capital coming of Indian Stock Markets.

(2) The sub prime crisis is the major financial crisis whose origin is in the Russia and Brazil. It

has adversely affected the economy of Europe and USA.

(3) The crisis started when some people started trading with false Share certificates of major

blue chip US companies in the stock markets.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 2

(E) None of these

ANS ()

14. The Prime Minister Gram Sadak Yojana (PMGSY) has a target to connect all habitations of

which of the following levels with all weather roads by 2008-09?

(A) 1000+

(B) 2000+

(C) 3000+

(D) 4000+

(E) None of these

ANS (A)

15. As we all know the value of the Indian rupee has appreciated in the recent past . The

value of the Rupee is direct dependent on which of the following?

(A) Availability of commodities in the market.

(B) VAT introduced by the Govt. on various commodities.

(C) Size of total Forex Reserve of India currently.

(D) Capital flow in the market during a given period of time.

(E) None of these

ANS (A)

16. Which of the following banks has taken over the Centurion Bank of Punjab?

(A) ICICI Bank

(B) IDBI Bank

(C) HDFC Bank

(D) AXIS Bank

(E) None of these

ANS (C)

17. As per provision made in Bharat Nirman programme the pace of creation of irrigation

facilities is required to be raised from present level of 1.42 million hectare per year in such a

way so that it can achieve the target level fixed for the same?

(A) 1.50 million hectares / year

(B) 1.75 million hectares / year

(C) 2.00 million hectares / year

(D) 2.25 million hectares / year

(E) 2.50 million hectares / year

ANS (D)

18. Inflation has become major area of concern in India these days. What measures do the

Govt. pf India / RBI normally take to control the same?

(1) Fixation of Maximum Price of the Commodities

(2) System of Dual prices.

(3) Increased in supply of food grains.

(4) Control on credit and liquidity in market.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 2,3 & 4

(E) All 1,2,3 & 4

ANS (D)

19. How much edcation cess is being levied on all the taxes to support elementary education

for the children of age group of 6-14 years under Sarva Shiksha Abhiyan (SSA)?

(A) 0.50%

(B) 0.75%
(C) 1.00%

(D) 1.5O%

(E) 2.00%

ANS (E)

20. Which of the following is / are correct about various concessions given in the Union Budget

for 2008-09?

(1) Five years tax holidays for setting up hospitals in Tier II & Tier III regions for providing

health care in rural areas.

(2) Commodities tax transaction to be introduced.

(3) Banking cash transaction tax withdrawn.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 2 & 3

(E) All 1,2 & 3

ANS (E)

21. Which of the following statements reflects the aim (s) Jawaharlal Nehru National Urban

Renewal Mission (JNNURM)?

(1) Give focused attention to integrated development of infrastructure in selected cities.

(2) Provide basic services to the urban poors

(3) Scale up civic amenities and provision of utilities in urban areas.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1,2 & 3

(E) None of these

ANS (D)

22. The Press Freedom Day is observed on which of the following days?

(A) 1st May

(B) 1st June

(C) 3rd May

(D) 3rd June

(E) 10th June

ANS (C)

23. As per the decision taken by the Govt. of India now the National Rural Employment

Guarantee Act is extended to all the districts of India. This means it will now be applicable to
about-

(A) 200 districts

(B) 300 districts

(C) 400 districts

(D) 500 districts

(E) 600 districts

ANS (E)

24. As per the reports published by the Ministry of Finance recently the overseas borrowings

by the Corporates and currency fluctuation has gone up by which of the following percentage

points? About -

(A) 1%

(B) 2%

(C) 3%

(D) 4%

(E) 5%

ANS (C)

25. The Govt. of India and Reserve Bank of India is planning to set up an autonomous “ATM

corporation of India” in which various banks can get together for common ATM operations. If

this happens how will we all be benefited by the same?

(1) It will be a cost effective measure as each bank can share its operational cost with others.

(2) Clients can withdrawn money from any ATM from any location. They are not required to go

to their banks’ ATM only.

(3) It will indirectly help the IT business also as India has a large pool of IT skilled manpower

waiting for suitable placement.

(A) Only 1

(B) Only 2

(C) Both 1 & 2

(D) All 1,2 & 3

(E) None of these

ANS (C)

26. As per the news published in various newspapers the Govt. of India has decided to create

a Strategic Reserve of -

(A) Oil & Petroleum

(B) Rasoi Gas

(C) Food grains

(D) Cement & Steel

(E) None of these

ANS (C)

27. The Govt. of India had constituted a high level committee on financial sector reforms with

Raghuram G. Rajan as its Chairman. Which of the following is / are the recommendations of

the committee?

(1) Liberalize the interest rate that banks/institution can charge to ensure credit for poors.

(2) Create an office of the Ombudsman exclusively for financial sector.

(3) Do not allow foreign investors in domestic stock markets.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Both 1 & 2

(E) None of these

ANS (E)

28. Yves Leterme has taken over as the prime minister of -

(A) Newzealand

(B) Belgium

(C) Croatia

(D) Portugal

(E) None of these

ANS (E)

29. The State Bank of India recently opened its 10000th branch in Puduvayal (Tamil Nadu).

Only a bank in China has more branches than State Bank of India in the world. What is the

name of that Chinese bank?

(A) Shanghai Commercial Bank

(B) Bank of China

(C) China Banking Corporation

(D) Industrial and Commercial Bank of China

(E) None of these

ANS (D)

30. Many a times we read about ‘Globalization’ and its impact on business practice in India.

Which of the following is NOT one of the important parameters of ‘Globalization’?

(1) Reduction of trade barriers to permit free flow of goods and services amongst various

nations.

(2) Developing an environment in which free flow of capital can take place.

(3) Promoting local industry to cater to the needs of the consumers in Tier II and Tier III
cities. The production from metros should be reserved only for exports.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1,2 & 3

(E) Both 2 & 3

ANS (D)

31. Many times we read a term CBS used in banking operation. What is the full form of the

letter ‘C’ in the term ‘CBS’?

(A) Core

(B) Credit

(C) Continuous

(D) Complete

(E) None of these

ANS (A)

32. As per news published in newspapers the Oil & Natural Gas Commission (ONGC) has

purchased some oil assets in Latin American Countries along with one other major company of

India . What is the name of that company?

(A) Hindustan Petroleum Corporation

(B) Indian Oil Corporation

(C) Reliance Industries Ltd.

(D) National Mineral Development Corporation of India

(E) None of these

ANS (E)

33. India’s First centre to monitor climate change was opened recently at -

(A) New Delhi

(B) Chennai

(C) Jaipur

(D) Bangalore

(E) Kolkata

ANS (B)

34. Which of the following Acts was framed specially to deal more effectively with the problem

of Non-Performing Assets in banking system?

(A) SARFAESI ACT.

(B) Banking Regulation Act.

(C) Foreign Exchange Management Act.

(D) Industrial Dispute Act.

(E) None of these

ANS (A)

35. The —- shows all the websites and pages that you have visited over a period of time.

(A) status bar

(B) task bar

(C) history list

(D) tool bar

(E) None of these

ANS (C)

36. A proxy server is used for the which of the following?

(A) To provide security against unauthorized users

(B) To process client requests for web pages

(C) To process client requests for database access

(D) To provide TCP/IP

(E) None of these

ANS (A)

37. A repair for a known software bug, usually available at no charge on the internet , is called

a (n) —

(A) version

(B) Patch

(C) Tutorial

(D) FAQ

(E) None of these

ANS (B)

38. In the URL http://www.upscportal.com/, the portion labelled http is the —

(A) host

(B) domain name

(C) protocol

(D) top-level domain

(E) None of these

ANS (C)

39. Which of the following organizations has recently given a US$ 600 million loan to Power

Grid Corporation of India , a Govt. run organization?

(A) Asian Development Bank

(B) World Bank

(C) International Monetary Fund

(D) Bank of America

(E) None of these

ANS (B)

40. The ability to easily add additional users means that a network is –

(A) Scalable

(B) dedicated

(C) Decentralized

(D) Secure

(E) None of these

ANS (A)

41. In a database , a field is a –

(A) lable

(B) table of information

(C) group of related records

(D) category of information

(E) None of these

ANS (C)

42. The number of pixels displayed on a screen is known as the screen–

(A) resolution

(B) colour depth

(C) refresh rate

(D) viewing size

(E) None of these

ANS (A)

43. Wor processing , spreadsheet , and photo-editing are example of –

(A) application software

(B) system software

(C) operating system software

(D) platform software

(E) None of these

ANS (A)

44. If you wish to extend the length of the network without having the signal degrade, you

would use a —

(A) repeater

(B) router
(C) gateway

(D) switch

(E) None of these

ANS (A)

45. A—- is approximately a million bytes.

(A) gigabyte

(B) kilobyte

(C) megabyte

(D) terabyte

(E) None of these

ANS (C)

46. The time it takes a device to locate data and instructions and make them available to CPU

is known as –

(A) clock speed

(B) a processing cycle

(C) CPU speed

(D) access time

(E) None of these

ANS (D)

47. ——– controls the way in which the computer system functions and provides a means by

which users are interact with the computer.

(A) The platform

(B) The operating system

(C) Application software

(D) The motherboard

(E) None of these

ANS (B)

48. ——– means that the data contained in a database is accurate and reliable.

(A) Data redundancy

(B) Data integrity

(C) Data reliability

(D) Data consistency

(E) None of these

ANS (B)

49. A(n) —— is a private corporate network, used exclusively by company employees.

(A) Internet
(B) local area network

(C) peer-to-peer

(D) intranet

(E) None of these

ANS (B)

50. A characteristic of a file server is which of the following?

(A) Manages file operations and is shared on a network

(B) Manages file operations and is limited to one PC

(C) Acts as fat client and is shared on a network

(D) Acts as fat client and is limited to one PC

(E) None of these

ANS (A)

1. In one of his speeches Pranab Mukherjee said that the Govt. had no plans to dilute

the roles of market regulators. This means the role of which of the following will not

be diluted ?

(A) Life Insurance Corporation of India (LIC)

(B) Confederation of Indian Industry (CII)

(C) Federation of Chamber of Commerce & Industry (FICCI)

(D) Bureau of Indian Standards

(E) Securities & Exchange Board of India (SEBI)

Ans : (E)

2. What is the full form of ‘ULIP’, the term which was in the news recently ?

(A) Universal Life & Investment Plan

(B) Unit Loan & Insurance Plan

(C) Universal Loan & Investment Plan

(D) Uniformly Loaded Investment Plan

(E) Unit Linked Insurance Plan

Ans : (E)

3. As per the news published in some major financial newspapers the Maharashtra

Govt. is planning to introduce ‘Green Tax’ on vehicles. What is the purpose of Green

Tax ?

(A) It has been introduced with the aim of discouraging high consumption of petroleum

products

(B) It is a tax levied by the Govt. in place of VAT as VAT is not very profitable for State Govts.
(C) It is just like a toll tax which will be charged from all the vehicles whenever they enter

green areas of a city like hospitals, schools, and old age homes

(D) This is a tax levied on big commercial vehicles only with the aim of prohibiting them from

entering residential areas and non commercial areas

(E) None of these

Ans : (E)

4. Very often we read in newspapers about 3G or 3rd Generation technology. This is

a set of standards used by which of the following ?

(A) To combat climatic changes

(B) Production of Nuclear Energy

(C) Film Production

(D) Mobile Telecommunications

(E) All of these

Ans : (D)

5. Which of the following companies is not in the field of insurance business ?

(A) ICICI Prudential

(B) Bajaj Allianz

(C) Tata AIG

(D) AEGON Religare

(E) Royal Orchid

Ans : (E)

6. Many times we read that a corporate entity is in the process of raising its capital

base. Why is a company required to raise money to strengthen its capital base ?

1. To finance its expansion plans

2. To finance its diversification plans

3. To repay its loans and borrowings

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 1 and 2

(E) All 1, 2 and 3

Ans : (A)
7. Many times we read in newspapers that a company is planning to bring public

issue. What does it mean ?

1. Shares of the company will be issued only through public sector organizations like

banks/central financial institutions etc.

2. Shares of the company will be issued to general public only through primary market.

3. This means some stakeholders/promoters are willing to leave the company.

Hence, they wish to sell their stock to the general public.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1, 2 and 3

(E) None of these

Ans : (B)

8. Whenever some people wish to enter into business world, it is a must for them to

approach a bank. What services do banks provide them in this regard ?

1. Banks act as payment agents by operating current accounts, paying cheques and receiving

payments for them.

2. Maintaining account books for them for their day to day activities so that they are not

required to appoint account/finance personnel on a regular basis.

3. Lending money by way of overdraft installment loan, credit or advance for business

activities.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 1 and 3

(E) None of these

Ans : (C)

9. As we all have noticed banks these days are giving more emphasis on ‘Branch less

Banking’. What does this really means ?

1. Banks will not have many branches as used to be in the good old days. Instead the number

of branches will be restricted and will conduct only a specified core business.

2. Banks will launch/operate many delivery channels like ATMs, Mobile Banking/Internet

Banking etc. so that people are not required to visit a branch for their usual banking needs.
3. This means banks will issue only debit or credit cards for all types of day to day financial

transactions.

Cheques/cash payments will not be allowed.

(A) Only 1

(B) Only 2

(C) Only 1 and 2

(D) Only 2 and 3

(E) All 1, 2 and 3

Ans : (D)

10. As per the news published in various financial newspapers Maruti Suzuki has no

immediate plans to enter into ‘low cost segment’. This means—

1. Maruti-Suzuki will not reduce the price of its various products, as is being done by some

other manufacturers.

2. Maruti-Suzuki does not want to produce a ‘Nano’ like low cost car in the near future.

3. Maruti-Suzuki wants to retain its existing position of luxury car makers and will not enter

into the area of makers of cars for the general public.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1, 2 and 3

(E) None of these

Ans : (B)

11. Which of the following is not a function of a bank ?

(A) Providing project finance

(B) Selling Mutual Funds

(C) Deciding policy rates like CRR, Repo Rates/SLR etc.

(D) Settlement of payments on behalf of the customers

(E) All of these are functions of a bank

Ans : (C)

12. Which of the following is a form of ‘Small Savings Bank’ popular among the poor

or children ?

(A) Core Banking

(B) Credit Banking

(C) Debit Card

(D) Merchant Banking

(E) Piggy Banking

Ans : (E)

13. As published in various newspapers India and European Union are trying to

finalize a free trade pact. How will this helps India and EU ?

1. Both the parties will be able to export-import goods without tariffs, quotas and preferences

on most of the goods and services traded between them.

2. The European Union will have to accept all payments in rupees only whereas India will

accept all payments for its exports in Euro only. The Dollar will have no role in this business.

3. Both parties will have to decide the total value of trade between them in advance and will

be bound to obey the commitment made thus.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1, 2 and 3

(E) None of these

Ans : (A)

14. The G-20 Summit in June 2010 is scheduled to be held at which of the following

places ?

(A) London

(B) Washington

(C) Tokyo

(D) Paris

(E) Toronto

Ans : (E)

15. As we all know the Govt. of India has initiated several projects/schemes for

revival and recharging of water bodies/lakes etc. What is meant by recharging of

water bodies ?

1. Recharge in fact is deep drainage of water bodies so that water starts moving downwards

from the surface.

2. Recharge is nothing but digging new wells and lakes so that more water is available for use.

3. Recharging means levy of a tax on use of ground water for private purposes. This is done in
addition to the usual tax that civic bodies collect on the usual water supply.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1, 2 and 3

(E) None of these

Ans : (B)

16. As per the news published in various newspapers China had to face its first

‘Trade Deficit’ in six years. This means China—

(A) did not earn as much from its exports as it had to pay for its imports

(B) earn much more than its expectations on its exports and paid very less on imports

(C) has decided to stop imports and exports for the time being as it is producing just enough

for tis consumption

(D) has failed to keep its commitment to supply (export) goods as promised to various

countries. The result is it may have to devalue its currency (Yuan) as it has lost its credibility

in the market

(E) None of these

Ans : (A)

17. Several Public Sector organizat ons like ONGC, SAIL and NTPC received ‘Scope

Award.’ The award is given for which of the following ?

(A) Earning the highet profit amongst all PSUs

(B) For creating the maximum number of jobs in a year

(C) For donating the maximum amount in Pradhan Mantri Rahat Kosh in a year

(D) For cutting down expenditure by 50% or more in a year to wipe out losses made in the

previous year

(E) Best Corporate Governance

Ans : (E)

18. Iron Ore is found in which of the following states in India ?

(A) Punjab

(B) Rajasthan

(C) Orissa

(D) Jammu & Kashmir

(E) Uttar Pradesh

Ans : (C)

19. Which of the following countries is in a deep crisis these days and is struggling

to finance its budget deficit and govt. debt ?

(A) Russia

(B) Greece

(C) Britain

(D) USA

(E) None of these

Ans : (B)

20. As per the budget documents placed in the Parliament in February 2010, what

are the challenges India is facing on its economic front ?

1. To quickly revert to the high GDP growth path of 9%.

2. Making development more inclusive.

3. To strengthen the governmental system and the process of governance at different levels.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1, 2 and 3

(E) None of these

Ans : (D)

21. Prabha Rao was the Governor of which of the following States immediately prior

to her death ?

(A) Rajasthan

(B) Himachal Pradesh

(C) Maharashtra

(D) Goa

(E) None of these

Ans : (A)

22. Who amongst the following is not a famous Lawn Tennis player ?

(A) Cara Black

(B) Mike Bryan

(C) Denis Ndiso

(D) Serena Williams

(E) Leander Paes

Ans : (C)

23. Dr. K. Radhakrishnan whose name was in the news recently is the Chariman of—

(A) Indian Space Research Organisation

(B) Atomic Energy Commission

(C) Department of Information Technology

(D) Unique Identification Authority of India

(E) None of these

Ans : (A)

24. Which of the following awards is given by the Govt. of Madhya Pradesh ?

(A) Shanti Swarup Bhatnagar Award

(B) Jawaharlal Nehru Award

(C) Shikhar Samman

(D) Pravasi Bhartiya Samman

(E) None of these

Ans : (C)

25. Which of the following terms is not used in Cricket ?

(A) Ashes

(B) Backfoot shot

(C) Smash

(D) Crease

(E) All are used in cricket

Ans : (C)

26. Which of the following cups/trophies is not given for excellence in the game of

Badminton ?

(A) Uber Cup

(B) Thomas Cup

(C) Syed Modi Memorial Trophy

(D) Aros Junior Cup

(E) Merdeka Cup

Ans : (E)
27. The Ministerial level meeting of the BASIC Group of countries was held in New

Delhi in January 2010. Which of the following is not a member of the BASIC Group ?

(A) Brazil

(B) South Africa

(C) Russia

(D) China

(E) India

Ans : (C)

28. Which of the following Bills recently approved in the Union Cabinet will help in

better health services in the country ?

(A) Right to Better Health Services Bill

(B) National Health Care Bill

(C) Clinical Establishments (Registration & Regulation) Bill

(D) Essential Services Bill

(E) None of these

Ans : (C)

29. Who amongst the following is a Padmashri Award Winner given away recently ?

(A) Chanda Kochhar

(B) Kumar Mangalam Birla

(C) Saif Ali Khan

(D) Harsh Pati Singhania

(E) None of these

Ans : (C)

30. Who amongst the following is not a famous author ?

(A) V. S. Naipual

(B) Leander Paes

(C) Anita Desai

(D) Kiran Desai

(E) Chetan Bhagat

Ans : (B)

31. Ivo Josipovic whose name was in news recently is the—

(A) Prime Minister of Croatia

(B) President of Croatia

(C) President of Barbados

(D) Prime Minister of Bolivia

(E) None of these

Ans : (B)

32. Priyanka Chopra was given a National Award at the 56th National Awards for her

acting for which of the following films ?

(A) Love Story 2050

(B) What’s your Rashee

(C) Kaminey

(D) Fashion

(E) None of these

Ans : (D)

33. Roger Federer is a famous—

(A) Film actor

(B) Author

(C) Lawn Tennis Player

(D) Cricketer

(E) None of these

Ans : (C)

34. Who amongst the following was awarded the prestigious Dada Saheb Phalke

Award recently ?

(A) V. K. Moorthy

(B) Madhur Bhandarkar

(C) Mahesh Bhatt

(D) Rekha

(E) Hema Malini

Ans : (A)

35. Lee Myung-bak who was the Chief Guest at 61st Republic Day Function of India

is the—

(A) President of South Korea

(B) Prime Minister of South Korea

(C) President of Vietnam

(D) Prime Minister of Vietnam

(E) None of these

Ans : (A)

36. The Late Jyoti Basu was associated with which of the following political parties ?

(A) BJP

(B) CPI (M)

(C) Congress

(D) Samajwadi Party

(E) None of these

Ans : (B)

37. Which of the following schemes launched by the Govt. of India is a scheme to

improve the performance of the agricultural sector ?

(A) National Horticulture Mission

(B) Pulse Polio Abhiyan

(C) Old Age Pension Scheme

(D) Bharat Nirman Yojana

(E) None of these

Ans : (A)

38. ‘LBW’ is a term related to the game of—

(A) Badminton

(B) Cricket

(C) Hockey

(D) Football

(E) None of these

Ans : (B)

39. ‘Saraswati Samman’ is an award given for excellence in the field of—

(A) Sports

(B) Social Service

(C) Literature

(D) Science & Technology

(E) None of these

Ans : (C)

40. ‘Heavy Water’ is used in which of the following fields ?

(A) Thermal Power

(B) Cement

(C) Iron & Steel

(D) Nuclear Power

(E) None of these

Ans : (D)

41. Which of the following is a Horticulture Crop ?

(A) Paddy

(B) Wheat

(C) Mango

(D) Bajara

(E) None of these

Ans : (C)

42. Dr. Amartya Sen is a famous—

(A) Physicist

(B) Chemical Engineer

(C) Psychologist

(D) Economist

(E) None of these

Ans : (D)

43. Which of the following nations is considered the originator of the concept of

Micro Finance ?

(A) India

(B) Bangladesh

(C) South Africa

(D) USA

(E) None of these

Ans : (B)
44. India’s first transgenic Crop was—

(A) Potato

(B) Brinjal

(C) Sugarcane

(D) Bt. cotton

(E) None of these

Ans : (D)

45. ‘White Tiger’ is a book written by—

(A) R. K. Narayanan

(B) Shobha De

(C) Khushwant Singh

(D) Arundhati Roy

(E) Aravind Adiga

Ans : (E)

46. Shanti Swarup Bhatnagar Award is given for excellence in the field of—

(A) Literature

(B) Music

(C) Sports

(D) Science & Technology

(E) None of these

Ans : (D)

47. Usain Bolt is a famous—

(A) Cricket player

(B) Athlete

(C) Badminton Player

(D) Footballer

(E) None of these

Ans : (B)

48. Govt. normally does not announce the Minimum Support Price (MSP) of—

(A) Wheat

(B) Paddy

(C) Sugarcane
(D) Jute

(E) All of these

Ans : (D)

49. At present Dr. D. Subba Rao is the—

(A) Governor of Orissa

(B) Deputy Chairman of the Planning Commission

(C) Chairman of the FICCI

(D) India’s Representative in IMF

(E) None of these

Ans : (E)

50. Banks borrow money from the RBI on which of the following rates ?

(A) Bank rate

(B) CRR

(C) SLR

(D) Reverse Repo Rate

(E) Repo Rate

Ans : (E)

1. As a policy to boost the agricultural sector in the country, the Govt. of India has

taken several special measures over the years. Which of the following cannot be

considered a measure/ measures which will have a direct impact(s) on the

agricultural sector ?

1. Setting up of a National Food Processing Bank.

2. Opening irrigation, sanitation and water projects for development under public private

participation.

3. Efforts to bring down fiscal deficit to 5•5 per cent level of GDP.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 1 and 2

(E) All 1, 2 and 3

Ans : (C)

2. The Govt. of India is plannning to bring a Second Green Revolution. This will be

launched specifically for which of the following parts of the country ?

(A) North East and Eastern Regions

(B) Central India

(C) Jammu & Kashmir

(D) Tamil Nadu, Kerala and Andhra Pradesh

(E) None of these

Ans : (A)

3. As we all know, the limit of exemption on personal income tax has been raised by

Rs. 10,000. Whenever a relief in direct taxes is given, the underlying motive is

always to make money available for which of the following purposes ?

1. Savings

2. Investment for High returns

3. Personal Consumption

(A) Only 1

(B) Only 2

(C) Only 1 and 3

(D) Only 2 and 3

(E) None of these

Ans : (C)

4. As we know, a special scheme ‘One Village One Project’ is in vogue in some parts

of our country and has proved a good incentive to boost the rural economy and the

agricultural sector. Now the Govt. has decided to develop 60,000 villages to produce

which of the following single crops as a major crop ?

(A) Pulses or Oilseeds

(B) Wheat or Bajra

(C) Sugar or Jute

(D) Sunflower or Rose flower

(E) None of these

Ans : (A)

5. The Govt. of India has decided to bring down the fiscal deficit from 6•6 per cent to

the level of 5•5 per cent of the GDP so that it can meet growth targets well in time.

This target of 5•5 per cent is to be achieved by the end of—

(A) January 2011

(B) March 2011

(C) December 2010

(D) January 2012

(E) None of these

Ans : (D)

6. Some economists and financial experts are of the opinion that the Finance

Minister of India has done a good job by allocating a fairly good share of budget to

ensure that the benefits of the growth also reach the poor and unorganized sectors

of the society. What amount in terms of percentage has been allocated to various

schemes of the social sector in the Union Budget 2010-11 ?

(A) 5%

(B) 7•5%

(C) 10%

(D) 12•5%

(E) None of these

Ans : (E)

7. Many people talk about the roll back of stimulus packages provided last year by

the Govt. of India to help certain sectors. If these stimulus packages are rolled back,

this would mean that—

1. those who have availed these benefits would be required to return them to the Govt. of

India.

2. no such incentive would be available henceforth to these sectors.

3. all such benefits/incentives would be available to all the people across the country and will

not be restricted to some selected few.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 1 and 3

(E) Only 2 and 3

Ans : (C)

8. In order to develop infrastructure in the country at a faster pace, the Govt. of

India has fixed some targets. In order to achieve this target, at present, how many

kilometers of highway is required to be constructed per day ?

(A) 5 km

(B) 10 km

(C) 15 km

(D) 20 km

(E) None of these

Ans : (D)

9. “South India will get K-G gas by 2012” was the news in a major financial

newspaper. ‘K-G’ is the abbreviated name of which of the following ?

(A) Karnataka-Goa

(B) Kaveri-Ganga

(C) Krishna-Godavari

(D) Karnataka-Gulf

(E) None of these

Ans : (C)

10. Many a times, we read in newspapers that some big banks have revised their

lending rates to make them dearer or cheaper. Though the decision to raise the

lending rates is always in the hands of the banks normally they announce this

decision of theirs—

1. immediately after the Union Budget is presented in the Lok Sabha every year.

2. when the RBI makes changes in its policy rates.

3. when the Monetary and Credit Policy of the RBI is reviewed periodically.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 2 and 3

(E) All 1, 2 and 3

Ans : (C)

11. How much amount in cash is the Govt. of India planning to infuse in public sector

banks, to strengthen their capital base this year ?

(A) Rs. 10,000 crore

(B) Rs. 12,500 crore

(C) Rs. 14,000 crore

(D) Rs. 16,500 crore

(E) None of these

Ans : (E)

12. As we all know, the rate of MAT has been increased from the present 15% to

18% with effect from April 2010. What is the full form of MAT ?

(A) Maximum Alternate Tax

(B) Minimum Alternate Tax

(C) Minimum Affordable Tax

(D) Maximum Affordable Tax

(E) None of these

Ans : (B)

13. One of the headlines in a major financial newspaper recently was “Is Spain the

next Greece or Italy or Portugal ?” What is the actual meaning of this headline

because of which the author has been comparing Spain with the other three

countries ?

(A) All these three countries have abandoned the membership of the European Union. Spain is

also planning to do so

(B) All these three countries were the first to come out of recent global recession and that too

within a short span of time. Spain is next in queue to declare itself free from the trouble

(C) These three nations are badly trapped in a situation where their economy is proceeding

from bad to worse condition. Spain also appears to be in the same situation

(D) Greece, Itlay and Portugal have signed some special agreements with US and are availing

stimulus packages to promote their exports to US on some specific terms. Spain is also willing

to do the same

(E) None of these

Ans : (C)

14. Many times we read in newspapers that several companies are adopting the

FCCBs route to raise capital. What is the full form of FCCBs ?

(A) Foreign Currency Convertible Bonds

(B) Foreign Convertible Credit Bonds

(C) Financial Consortium and Credit Bureau

(D) Future Credit and Currency Bureau

(E) None of these

Ans : (A)
15. The Govt. of India has asked all big companies and corporates to create a

separate fund for their ‘Corporate Social Responsibility Activities’. What is/are the

purpose(s) of this directive issued by the Govt. ?

1. To ensure that companies spend some money on social activities.

2. To bring transparency in matters of financial transactions and dealings by corporates.

3. To ensure that corporate entities do not get involved in non commercial activities in the

name of social activities as they are required to spend money only on the welfare of the

employees and their families.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1, 2 and 3

(E) None of these

Ans : (B)

16. Which of the following is an innovative mechanism adopted by banks to meet the

targets fixed for lending to priority sector by the Banks ?

(A) Buying & Selling of Priority Sector Lending Certification

(B) Sale of Kisan Vikas Patra

(C) Inter Bank Participation Certificates

(D) Adoption of Core Banking Solution

(E) None of these

Ans : (C)

17. The Reserve Bank of India (RBI) recently announced a hike in some policy rates

and also indicated that there may be another change in near future. Which of the

following is/are considered a policy rate(s) in the hands of the RBI ?

1. Repo Rate

2. SLR

3. Inflation

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 1 and 2

(E) All 1, 2 and 3

Ans : (D)

18. Zain, which was in news recently, is a company based in which of the following

nations ?

(A) Kuwait

(B) South Africa

(C) UAE

(D) China

(E) None of these

Ans : (A)

19. Who amongst the following was awarded the prestigious ‘Moortidevi Award’

recently for his literary works ? (Awardee is a Minister in the Union Cabinet)

(A) Veerappa Moily

(B) Pranab Mukherjee

(C) P. Chidambaram

(D) Kapil Sibal

(E) None of these

Ans : (A)

20. The Indian Ministry of Agriculture has decided that despite good stocks of wheat

and rice, India will not export the excess stocks. Which of the following may be the

reason(s) owing to which the Ministry has taken this decision ?

1. Indian wheat and rice are not in much demand in foreign countries. Hence, very few are

takers for the same.

2. The National Food Security Bill has a provision to provide 25 kg of wheat or rice to the

families living below poverty line. A huge stock of grains will be needed for the same in near

future.

3. Since most countries are still to recover from the global recession, a formula is being

worked out where imports and exports will be compensated simply by exchange of

commodities available with the countries. India is planning to use its food grain stocks for the

same.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1, 2 and 3

(E) None of these

Ans : (B)

21. As per the reports published in various newspapers, RBI has asked banks to

make a plan to provide banking services to all villages having a population of 2000.

This directive issued by the RBI will fall in which of the following categories ?

(A) Plan for Financial Inclusion

(B) Efforts to meet the targets of Priority Sector Lending

(C) Extension of Relief Packages to the Farmers

(D) Extensions of Internal and Branchless Banking

(E) None of these

Ans : (A)

22. Which of the following is not a bank or finance company ?

(A) Barclays

(B) BNP Paribas

(C) Lufthansa

(D) HSBC

(E) All are banks/finance companies

Ans : (C)

23. The Indian Railways is in the process of purchasing Bullet Train Technology from

which of the following nations ?

(A) France

(B) China

(C) Japan

(D) Russia

(E) Spain

Ans : (C)

24. Some State Govts. have started a project ‘Save Snow Leopards’. Snow Leopards

are found mainly in—

(A) Jammu & Kashmir

(B) Rajasthan

(C) Kerala

(D) Punjab
(E) Tamil Nadu

Ans : (A)

25. India recently signed an agreement for an ‘Action Plan to Advance Security

Cooperation’ with which of the following nations ?

(A) China

(B) Bangladesh

(C) Pakistan

(D) Nepal

(E) Japan

Ans : (E)

26. Sanya Richards who was named as the IAAF World Athlete of 2009 represents

which of the following countries ?

(A) Jamaica

(B) Kenya

(C) France

(D) Britain

(E) USA

Ans : (E)

27. Who amongst the following was adjudged the European Footballer of the year

2009 ?

(A) Roberto Baggio

(B) Edger Davids

(C) Xavi Hamandez

(D) Cristiano Ronaldo

(E) Lionel Messi

Ans : (E)

28. The latest nuclear power reactor of India recently attained criticality at

Rawatbhata. Rawatbhata is a place in—

(A) Uttar Pradesh

(B) Madhya Pradesh

(C) Uttarakhand

(D) Orissa
(E) Rajasthan

Ans : (E)

29. Who amongst the following has recently received the Highest Civilian Honour of

France ?

(A) Kareena Kappor

(B) A. R. Rahman

(C) Javed Akhtar

(D) Lata Mangeshkar

(E) None of these

Ans : (D)

30. Who amongst the following represented India at the 15th United Nations Climate

Change Conference 2009 held in Copenhagen ?

(A) Smt. Sonia Gandhi

(B) Smt. Pratibha Patil

(C) Dr. Manmohan Singh

(D) Smt. Meira Kumar

(E) None of these

Ans : (C)

31. Three Indian sportsmen, C. Raju Srither, I.R. Sanam and Ratan Singh recently

went to Indonesia and won Gold Medals in one of the events. All three are

associated with which of the following sports ?

(A) Weightlifting

(B) Rifle Shooting

(C) Swimming

(D) Golf

(E) Archery

Ans : (E)

32. A two-day meeting of the South Asian Association for Regional Cooperation

(SAARC) was organized recently in—

(A) Thimpu

(B) Islamabad

(C) Kabul
(D) Dhaka

(E) New Delhi

Ans : (A)

33. By nominating its Ambassador to which of the following countries after a gap of

five years has the USA established its diplomatic relation with it ?

(A) Syria

(B) Iran

(C) Iraq

(D) China

(E) None of these

Ans : (A)

34. Which of the following organizations/ agencies is providing a US $ 850 million

loan to India for the development of its infrastructure and Khadi industry ?

(A) World Bank

(B) European Union Finance Corporation

(C) Asian Development Bank

(D) Govt. of South Africa

(E) None of these

Ans : (C)

35. Goodluck Jonathan whose name was in news recently is from which of the

following countries ?

(A) Kenya

(B) Uganda

(C) Nigeria

(D) Sudan

(E) None of these

Ans : (C)

36. The census in India is done after a gap of every—

(A) 5 years

(B) 10 years

(C) 12 years

(D) 15 years
(E) None of these

Ans : (B)

37. Pankaj Advani won which of the following titles in the year 2009 ?

(A) Asian Games Gold Medal

(B) Asian Billiards Championship

(C) WSA Challenge Tour

(D) World Professional Billiards Championship

(E) None of these

Ans : (D)

38. Which of the following awards is given for Excellence in the field of sports ?

(A) Kalinga Award

(B) Golden Pen Award

(C) Arjuna Award

(D) Bharat Ratna

(E) None of these

Ans : (C)

39. Which of the following states started ‘April Mandis’ project in all districts of the

state to ensure the supply of vegetables and fruits at fair prices ?

(A) Gujarat

(B) Uttar Pradesh

(C) Haryana

(D) Delhi

(E) None of these

Ans : (C)

40. Which of the following terms is not used in Economics ?

(A) Balanace of Trade

(B) Centrifugal force

(C) Break even

(D) Fiscal Deficit

(E) Capital Account

Ans : (B)
41. The Indira Gandhi Peace Prize 2009 was given to the President of—

(A) Fiji

(B) Bhutan

(C) Nepal

(D) Bangladesh

(E) None of these

Ans : (D)

42. The Govt. of India recently launched the Jawaharlal Nehru National Solar

Mission. This mission is one of the key missions on India’s National Action Plan on—

(A) Second Green Revolution

(B) Climate Change

(C) Recharging of Water bodies

(D) Electricity to all

(E) None of these

Ans : (B)

43. Voting in local bodies elections is compulsory in which one of the following

states ?

(A) Delhi

(B) Maharashtra

(C) Kerala

(D) Gujarat

(E) None of these

Ans : (D)

44. India’s exports of which of the following to USA has been growing at a fast pace

despite the global slowdown and recession ?

(A) Handicrafts and Carpets

(B) Textiles and Clothing

(C) Horticultural products

(D) Foodgrains

(E) Services

Ans : (E)

45. Russia recently agreed to resume import of natural gas from which of the
following countries after a gap of about a month following a dispute over prices of

the same ?

(A) Iran

(B) Turkmenistan

(C) China

(D) Kazakhstan

(E) N. Korea

Ans : (B)

46. India recently signed an agreement for cooperation in the field of nuclear power

for civil purposes. This agreement is free from any restrictions on India. India signed

this agreement with—

(A) France

(B) Germany

(C) USA

(D) Canada

(E) Russia

Ans : (E)

47. ‘Between the Assassinations’ is a book written by—

(A) Chetan Bhagat

(B) Kiran Desai

(C) Shobha De

(D) Vikram Seth

(E) Arvind Adiga

Ans : (E)

48. Which of the following prizes/ awards is not given for Excellence in the field of

Literature ?

(A) Dronacharya Award

(B) Aga Khan Prize for Fiction

(C) Commonwealth Award

(D) Nobel Prize

(E) Man Booker Prize

Ans : (A)
49. Which of the following terms is not used in the game of Hockey ?

(A) Centre

(B) Downswing

(C) Drop pass

(D) Goal line

(E) Blue line

Ans : (B)

50. ‘Invisible’ is a novel written by—

(A) Vikram Seth

(B) Chetan Bhagat

(C) Anita Desai

(D) Meghnad Desai

(E) Paul Auster

Ans : (E)

1. The President of the Palestine recently emphasized that his country will not

resume peace talks until Israel fully halts settlement building in the—

(A) West Bank

(B) Haifa

(C) Gaza

(D) Tel-Aviv-Yafo

(E) Jerusalem

Ans : (A)

2. All the major world leaders gathered in Berlin in Nov. 2009 to mark the 20th

anniversary of—

(A) European Union

(B) NATO

(C) Fall of Berlin Wall

(D) G-20

(E) None of these

Ans : (C)

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.

(A) Only 1

(B) Only 2

(C) Only 3

(D) All 1, 2 and 3

(E) Only 1 and 2

Ans : (A)

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—

(A) National Commission for Farmers

(B) National Human Rights Commission

(C) Directorate of Income Tax

(D) Ministry of Foreign Affairs

(E) Union Public Service Commission

Ans : (B)

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.

(A) Only 3

(B) Only 2
(C) Only 1

(D) All 1, 2 and 3

(E) None of these

Ans : (B)

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 ?

(A) Ten per cent of one hundredth point

(B) One hundredth of 1%

(C) One hundredth of 10%

(D) Ten per cent of 1000

(E) None of these

Ans : (B)

7. Which of the following issues cannot come under the purview of the functioning of

the Human Rights Commission of a country ?

(A) Racial Discrimination

(B) Treatment to Prisoners of War

(C) Human Trafficking

(D) Child Abuse

(E) Climate Migration

Ans : (E)

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.

(A) Only 1

(B) Only 2

(C) Only 3
(D) All 1, 2 and 3

(E) Only 1 and 2

Ans : (A)

9. Which of the following countries has conferred the honour of ‘Legion d’ honneur’

on Bharat Ratna Lata Mangeshkar ?

(A) Germany

(B) Norway

(C) Japan

(D) U.K.

(E) France

Ans : (E)

10. Expand the term NREGA—

(A) National Rural Employment Guarantee Agency

(B) National Rural Electrification Governing Agency

(C) National Rural Employment Guarantee Act

(D) New Rural Employment Guarantee Agency

(E) None of these

Ans : (C)

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 -

(A) Increasing the security deposits to more than double

(B) Restricting the publication of exit polls

(C) Ensuring speedy disposal of electoral disputes

(D) Only (A) and (B)

(E) All (A), (B) and (C)

Ans : (D)

12. The market in which long term securities such as stocks and bonds are bought

and sold is commonly known as—

(A) Commodities Exchange

(B) Capital Market

(C) Bull Market

(D) Bullion Market

(E) None of these

Ans : (B)

13. Which one of the following was India’s top destination for exports during 2009 ?

(A) UAE

(B) USA

(C) Russia

(D) China

(E) Bangladesh

Ans : (A)

14. Which one of the following will be the first High Court in India, to implement the

concept of ‘ecourts’ ?

(A) Delhi

(B) A.P.

(C) Chennai

(D) Kolkata

(E) None of these

Ans : (A)

15. Amongst the following, which one of the following sectors provides the highest

contribution in Industrial Production Index ?

(A) Crude Oil

(B) Petro Refinery Products

(C) Electricity

(D) Coal

(E) None of these

Ans : (C)

16. Amongst the following sectors, which sector/segment has shown the highest per

cent growth in the current fiscal ?

(A) Mining

(B) Manufacturing

(C) Electricity, gas and water supply

(D) Banking and Finance

(E) None of these

Ans : (B)

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 ?

(A) World Bank

(B) Asian Development Bank

(C) International Monetary Fund

(D) International Gold Council

(E) None of these

Ans : (C)

18. World Trade Organisation (WTO)’s ministerial meeting was organized in which of

the following cities recently ?

(A) Geneva

(B) Washington

(C) Paris

(D) Port of Spain

(E) None of these

Ans : (A)

19. In which one of the following countries, was the recent Commonwealth Meet

(CHOGAM) held ?

(A) Trinidad

(B) Canada

(C) Australia

(D) Jamaica

(E) U.K.

Ans : (A)

20. Which of the following decisions taken by the RBI will promote the concept of

financial inclusion in the country ?

(A) To appoint some additional entities as business correspondents

(B) To collect reasonable service charges from the customer in a transparent manner for

providing the services.

(C) To ask the banks to open at least 50 new accounts daily in non serviced areas.

(D) Only (A) and (B)

(E) None of these

Ans : (E)

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—

(A) Soft Loan

(B) Term Loan

(C) Emergency aid

(D) Grants

(E) None of these

Ans : (A)

22. Citizens of which one of he following age-groups (in years) are covered under

the New Pension System (NPS) ?

(A) 18–50

(B) 21–55

(C) 25–55

(D) 18–60

(E) None of these

Ans : (D)

23. Which one of the following is the objective of the flagship scheme ‘Rashtriya

Swasthya Bima Yojana’ (RSBY) ?

(A) To provide life insurance cover to rural households

(B) To provide health insurance cover to rural households

(C) To provide both life and health insurance cover to rural household

(D) To provide life and health insurance covers only to people living below poverty line

(E) None of these

Ans : (D)

24. Which one of the following had set up the N. R. Narayana Murthy Committee on

issues relating to Corporate Governance ?

(A) SEBI

(B) RBI
(C) CII

(D) Ministry of Finance, GOI

(E) None of these

Ans : (A)

25. The proceeds of the disinvestment of profitable public sector units will be used

for which of the following purposes ?

(A) Expansion of existing capacity of PSEs

(B) Modernisation of PSEs

(C) Opening of new PSEs

(D) Meeting the expenditure for various social sector schemes

(E) None of these

Ans : (D)

26. Which one of the following is the target fixed for fiscal deficit in the year 2010-

2011 ?

(A) 3•5%

(B) 4•0%

(C) 5•5%

(D) 5•0%

(E) None of these

Ans : (C)

27. Which one of the following companies is the largest producer of natural gas in

the country ?

(A) ONGC

(B) OIL

(C) Cairn India

(D) RIL

(E) None of these

Ans : (A)

28. Which one of the following states has sought a package of Rs. 500 crores ($ 100

million) for its Rural Poverty Reduction Programme ?

(A) M.P.

(B) Tamil Nadu

(C) A.P.

(D) Karnataka

(E) None of these

Ans : (C)

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 ?

(A) Arunachal Pradesh

(B) Assam

(C) Himachal Pradesh

(D) Rajasthan

(E) None of these

Ans : (E)

30. Constitutionally, which one of the following can levy Service Tax ?

(A) Union Govt. only

(B) State Govt. only

(C) Union Territory Govt. only

(D) All of these

(E) None of these

Ans : (D)

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 ?

(A) SIDBI

(B) National Securities Depositories Ltd. (NSDL)

(C) Stock Holding Corporation of India

(D) RBI

(E) None of these

Ans : (B)

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.

(A) Only 1

(B) Only 2

(C) Only 3

(D) Only 1 and 3

(E) All 1, 2 and 3

Ans : (B)

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 ?

(A) South Korea

(B) Japan

(C) U.K.

(D) USA

(E) None of these

Ans : (B)

34. Which of the following books is written by Chetan Bhagat ?

(A) The Golden Gate

(B) A House for Mr. Biswas

(C) 2 States

(D) White Tiger

(E) None of these

Ans : (C)

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 ?

(A) Bhutan

(B) Australia

(C) South Korea

(D) Indonesia

(E) None of these

Ans : (D)
36. Which of the following organizations has raised its loan amount to India to make

it US $ 7 billion in 2009-10 fiscal ?

(A) Asian Development Bank

(B) International Monetary Fund

(C) World Bank

(D) European Union

(E) None of these

Ans : (C)

37. Who amongst the following cricket players became the first to score 17000 runs

in One Day Internationals ?

(A) Rahul Dravid

(B) Stephen Fleming

(C) Ricky Ponting

(D) Sachin Tendulkar

(E) None of these

Ans : (D)

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 ?

(A) Literacy Mission

(B) Pradhanmantri Gram Sadak Yojana

(C) National Health Mission

(D) All of these

(E) None of these

Ans : (A)

39. Famous Dada Saheb Phalke Award is given for exemplary work in the field of—

(A) Sports

(B) Literature

(C) Science & Technology

(D) Social Service

(E) None of these

Ans : (E)
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 ?

(A) Beneficiaries of the NREGA

(B) People living Below Poverty Line

(C) Youngsters

(D) Senior Citizens

(E) None of these

Ans : (D)

41. The organization of the South East Asian countries is known as—

(A) OPEC

(B) ASEAN

(C) NATO

(D) UNCTAD

(E) SAARC

Ans : (B)

42. ‘Miss Earth 2009’ title has been conferred upon—

(A) Alejandra Pedrajas

(B) Sandra Saifert

(C) Jessica Barboza

(D) Larissa Ramos

(E) None of these

Ans : (D)

43. Which of the following countries became the third largest producer of Steel in

the world in 2009 ?

(A) China

(B) India

(C) USA

(D) Japan

(E) None of these

Ans : (B)

44. The Foreign Trade policy is announced recently by the Govt. of India. Which of

the following ministries/agencies announce the same ?

(A) Reserve Bank of India

(B) Export Import Bank of India (EXIM Bank)

(C) Ministry of Foreign Affairs

(D) Ministry of Commerce & Industry

(E) None of these

Ans : (D)

45. Irina Bokova has taken over as the Chief of the—

(A) ILO

(B) UNICEF

(C) OPEC

(D) UNO

(E) UNESCO

Ans : (E)

46. Dorjee Khandu has taken over as the Chief Minister of—

(A) Meghalaya

(B) Uttarakhand

(C) Arunachal Pradesh

(D) Assam

(E) None of these

Ans : (C)

47. Which of the following terms is used in the game of Football ?

(A) Caddy

(B) Cutback

(C) Mid-on

(D) Love

(E) None of these

Ans : (B)

48. Which of the following is considered a Non Food Crop ?

(A) Wheat

(B) Maize

(C) Bajra

(D) Rice
(E) Jute

Ans : (E)

49. Who amongst the following was the Prime Minister of Nepal immediately prior to

Madhav Kumar Nepal ?

(A) Ram Baran Yadav

(B) Pushpakamal Dahal

(C) Girija Prasad Koirala

(D) Mahendra Kumar Suryavanshi

(E) None of these

Ans : (B)

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 ?

(A) S. M. Krishna

(B) Pratibha Patil

(C) Pranab Mukherjee

(D) Manmohan Singh

(E) None of these

Ans : (D)
1. Which of the following statement(s) reflects India's stand on new World Trade
Organization's proposal on the issue of the subsidy to agro products ?
(1) India would protect the interest of its poor farmers who can not bear the burden of the
cost of the products if they have to sell them on cheaper rate.
(2) Indian industry needs more flexibility as compared to the industry in developed countries.
(3) WTO has set up a new committee under the chairmanship of Putin of Russia to look into
the issue of subsidy and find out a solution to the problem acceptable to all the parties.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 & 2
(E) None of these
Ans : (A)

2. Which of the following statement(s) is / are true about the 11th five year plan of India ?
(1) The highest priority is given to exports ,education and development of steel sector.
(2) The plan aims at achieving the growth at 10 % level by the end of the plan.
(3) The Rashtriya Krishi Vikas Yojana is revived in such a way so that it can be achieve a
growth nof 4 % for agriculture sector.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 & 2
(E) None of these
Ans : (D)

3. As per the figures released recently the Stock markets in emerging economies made
handsome returns last year (2007-08). Which of the following stock markets amongst the
BRIC nations registered highest increased (97 %) compared to its performance in 2006-07 ?
(A) China
(B) Brazil
(C) Russia
(D) India
(E) None of these
Ans : (A)

4. Bayana which was in news recently is a place in—

(A) Uttar Pradseh
(B) Madhya Pradseh
(C) Bihar
(D) Haryana
(E) Rajasthan
Ans : (E)

5. Which of the following statement (s) is / are correct about the Indo-Russia Bilateral Defence
Ties ?
(1) Both the countries have decided to produce a fifth generation fighter aircraft and a multi
role cargo plane.
(2) India has agreed to launch Russian missiles from its base at Chandipur incase some other
nation attacks on Russia
(3) India and Russia were able to sort out differences over the utilization of Rupee debt fund
which is of Rs. 8000 crore at present.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 & 3 only
(E) None of these
Ans : (A)

6. India has recently decided to put a wire fence on the 76 km. long border in Dhudri district
in Assam. The fence will separate India from—
(A) Nepal
(B) China
(C) Bangladesh
(D) Myanmar
(E) Pakistan
Ans : (C)

7. As we all know the Govt. of India is very keen about providing banking service to the
people in rural and remote areas . However , banks feel that the cost of providing services in
these areas for financial inclusion is quite high if services are offered through the "traditional
branch channel ". What is / are the other alternative cost effective channel(s) to fulfill this aim
of the Govt. of India ?
(1) Putting biometric ATMs.
(2) Introduce mobile banking.
(3) Issue credit or debit cards
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 & 3
(E) None of these
Ans : (B)

8. The Govt. of India recently issued a notification altering constituencies in 24 States and
Union territories. This is done as per the provision of which of the following Acts?
(A) Delimitation Act
(B) Census Act
(C) Parliament Act
(D) State Reorganization Act
(E) None of these
Ans : (A)

9. As we read very frequently in the newspaper fraudulent activities in financial world is still
continuing despite various efforts made by various countries to prevent them. As an estimate
by IMF, what is the probable amount derived from such illegal activities which is laundered
through the world's formal financial systems every year? About -
(A) US$ 500 billion
(B) US$ 800 billion
(C) US$ 1000 billion
(D) US$ 1250 billion
(E) US$ 1500 billion
Ans : (A)

10. Indian Prime Minister during his visit the Arunachal Pradseh a few months back asserted
that the State is India's Land of Rising Sun. Which of the following countries did not like his
statement and had raised some objection over his visit to Arunachal Pradseh which is very
much a part of India?
(A) Myanmar
(B) China
(C) Bangladseh
(D) Bhutan
(E) Nepal
Ans : (B)

11. Which of the following is the amount of insurance cover provided to the workers of the
unorganized sector under Rashtriya Swasthya Bima Yojana?
(A) Rs. 10,000/-
(B) Rs. 20,000/-
(C) Rs. 30,000/-
(D) Rs. 40,000/-
(E) Rs. 50,000/-
Ans : (C)

12. Which of the following is NOT one of the highlights Economic Survey presented in the Lok
Sabha for the year 2007-08?
(A) Economy has "moved to higher growth phase"
(B) A trend of acceleration in domestic investment and saving rate is recorded.
(C) Buoyant growth in Govt. revenue.
(D) Indian Economy at market rate of exchange crossed 1 trillion US$ in current fiscal.
(E) Net Foreign direct Investment increased by 350% .
Ans : (E)

13. Which of the following is / are correct about sub prime crisis which was in news recently?
(1) It has reduced the flow of capital coming of Indian Stock Markets.
(2) The sub prime crisis is the major financial crisis whose origin is in the Russia and Brazil.It
has adversely affected the economy of Europe and USA.
(3) The crisis started when some people started trading with false Share certificates of major
blue chip US companies in the stock markets.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 & 2
(E) None of these
Ans : (D)

14. The Prime Minister Gram Sadak Yojana (PMGSY) has a target to connect all habitations of
which of the following levels with all weather roads by 2008-09?
(A) 1000+
(B) 2000+
(C) 3000+
(D) 4000+
(E) None of these
Ans : (A)

15. As we all know the value of the Indian rupee has appreciated in the recent past . The
value of the Rupee is direct dependent on which of the following?
(A) Availability of commodities in the market.
(B) VAT introduced by the Govt. on various commodities.
(C) Size of total Forex Reserve of India currently.
(D) Capital flow in the market during a given period of time.
(E) None of these
Ans : (A)

16. Which of the following banks has taken over the Centurion Bank of Punjab?
(A) ICICI Bank
(B) IDBI Bank
(C) HDFC Bank
(D) AXIS Bank
(E) None of these
Ans : (B)

17. As per provision made in Bharat Nirman Programme the pace of creation of irrigation
facilities is required to be raised from present level of 1.42 million hectare per year in such a
way so that it can achieve the target level fixed for the same?
(A) 1.50 million hectares / year
(B) 1.75 million hectares / year
(C) 2.00 million hectares / year
(D) 2.25 million hectares / year
(E) 2.50 million hectares / year
Ans : (D)

18. Inflation has become major area of concern in India these days. What measures do the
Govt. of India / RBI normally take to control the same?
(1) Fixation of Maximum Price of the Commodities
(2) System of Dual prices.
(3) Increased in supply of food grains.
(4) Control on credit and liquidity in market.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 2, 3 & 4
(E) All 1, 2, 3 & 4
Ans : (D)

19. How much Education Cess is being levied on all the taxes to support elementary education
for the children of age group of 6-14 years under Sarva Shiksha Abhiyan (SSA)?
(A) 0.50%
(B) 0.75%
(C) 1.00%
(D) 1.50%
(E) 2.00%
Ans : (E)

20. Which of the following is / are correct about various concessions given in the Union Budget
for 2008-09?
(1) Five years tax holidays for setting up hospitals in Tier II & Tier III regions for providing
health care in rural areas.
(2) Commodities tax transaction to be introduced.
(3) Banking cash transaction tax withdrawn.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 2 & 3
(E) All 1, 2 & 3
Ans : (E)

21. Which of the following statements reflects the aim(s) Jawaharlal Nehru National Urban
Renewal Mission (JNNURM)?
(1) Give focused attention to integrated development of infrastructure in selected cities.
(2) Provide basic services to the urban poors
(3) Scale up civic amenities and provision of utilities in urban areas.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 & 3
(E) None of these
Ans : (D)

22. The Press Freedom Day is observed on which of the following days?
(A) 1st May
(B) 1st June
(C) 3rd May
(D) 3rd June
(E) 10th June
Ans : (C)

23. As per the decision taken by the Govt. of India now the National Rural Employment
Guarantee Act is extended to all the districts of India. This meAns : it will now be applicable to
about—
(A) 200 districts
(B) 300 districts
(C) 400 districts
(D) 500 districts
(E) 600 districts
Ans : (E)

24. As per the reports published by the Ministry of Finance recently the overseas borrowings
by the Corporates and currency fluctuation has gone up by which of the following percentage
points? About—
(A) 1%
(B) 2%
(C) 3%
(D) 4%
(E) 5%
Ans : (C)

25. The Govt. of India and Reserve Bank of India is planning to set up an autonomous "ATM
corporation of India" in which various banks can get together for common ATM operations. If
this happens how will we all be benefited by the same?
(1) It will be a cost effective measure as each bank can share its operational cost with others.
(2) Clients can withdrawn money from any ATM from any location. They are not required to go
to their banks' ATM only.
(3) It will indirectly help the IT business also as India has a large pool of IT skilled manpower
waiting for suitable placement.
(A) Only 1
(B) Only 2
(C) Both 1 & 2
(D) All 1, 2 & 3
(E) None of these
Ans : (C)

26. As per the news published in various newspapers the Govt. of India has decided to create
a Strategic Reserve of—
(A) Oil & Petroleum
(B) Rasoi Gas
(C) Food grains
(D) Cement & Steel
(E) None of these
Ans : (C)

27. The Govt. of India had constituted a high level committee on financial sector reforms with
Raghuram G.Rajan as its Chairman. Which of the following is / are the recommendations of
the committee?
(1) Liberalize the interest rate that banks/institution can charge to ensure credit for poors.
(2) Create an office of the Ombudsman exclusively for financial sector.
(3) Do not allow foreign investors in domestic stock markets.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 & 2
(E) None of these
Ans : (E)

28. Yves Leterme has taken over as the prime minister of—
(A) Newzealand
(B) Belgium
(C) Croatia
(D) Portugal
(E) None of these
Ans : (B)

29. The State Bank of India recently opened its 10000th branch in Puduvayal (Tamil Nadu).
Only a bank in China has more branches than State Bank of India in the world. What is the
name of that Chinese bank?
(A) Shanghai Commercial Bank
(B) Bank of China
(C) China Banking Corporation
(D) Industrial and Commercial Bank of China
(E) None of these
Ans : (D)

30. Many a times we read about 'Globalization' and its impact on business practice in India.
Which of the following is NOT one of the important parameters of 'Globalization'?
(1) Reduction of trade barriers to permit free flow of goods and services amongst various
nations.
(2) Developing an environment in which free flow of capital can take place.
(3) Promoting local industry to cater to the needs of the consumers in Tier II and Tier III
cities. The production from metros should be reserved only for exports.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1,2 & 3
(E) Both 2 & 3
Ans : (D)

31. Many times we read a term CBS used in banking operation. What is the full form of the
letter 'C' in the term 'CBS'?
(A) Core
(B) Credit
(C) Continuous
(D) Complete
(E) None of these
Ans : (A)

32. As per news published in newspapers the Oil & Natural Gas Commission (ONGC) has
purchased some oil assets in Latin American Countries along with one other major company of
India . What is the name of that company?
(A) Hindustan Petroleum Corporation
(B) Indian Oil Corporation
(C) Reliance Industries Ltd.
(D) National Mineral Development Corporation of India
(E) None of these
Ans : (E)

33. India's First centre to monitor climate change was opened recently at—
(A) New Delhi
(B) Chennai
(C) Jaipur
(D) Bangalore
(E) Kolkata
Ans : (B)

34. Which of the following Acts was framed specially to deal more effectively with the problem
of Non-Performing Assets in banking system?
(A) SARFAESI ACT.
(B) Banking Regulation Act.
(C) Foreign Exchange Management Act.
(D) Industrial Dispute Act.
(E) None of these
Ans : (A)

35. The————shows all the websites and pages that you have visited over a period of
time.
(A) status bar
(B) task bar
(C) history list
(D) tool bar
(E) None of these
Ans : (C)

36. A proxy server is used for the which of the following?

(A) To provide security against unauthorized users
(B) To process client requests for web pages
(C) To process client requests for database access
(D) To provide TCP/IP
(E) None of these
Ans : (A)

37. A repair for a known software bug,usually available at no charge on the internet, is called
a(n)—
(A) version
(B) Patch
(C) Tutorial
(D) FAQ
(E) None of these
Ans : (B)

38. In the URL http:/ /www .prenhall.com, the portion lebelled http is the—
(A) host
(B) domain name
(C) protocol
(D) top-level domain
(E) None of these
Ans : (C)

39. Which of the following organizations has recently given a US$ 600 million loan to Power
Grid Corporation of India,a Govt. run organization?
(A) Asian Development Bank
(B) World Bank
(C) International Monetary Fund
(D) Bank of America
(E) None of these
Ans : (B)

40. The ability to easily add additional users meAns : that a network is—
(A) Scalable
(B) dedicated
(C) Decentralized
(D) Secure
(E) None of these
Ans : (A)

41. In a database, a field is a—

(A) lable
(B) table of information
(C) group of related records
(D) category of information
(E) None of these
Ans : (C)

42. The number of pixels displayed on a screen is known as the screen—

(A) resolution
(B) colour depth
(C) refresh rate
(D) viewing size
(E) None of these
Ans : (A)

43. Wor processing , spreadsheet , and phoyo-editing are example of—

(A) application software
(B) system software
(C) operating system software
(D) platform software
(E) None of these
Ans : (A)

44. If you wish to extend the length of the network without having the signal degrade, you
would use a—
(A) repeater
(B) router
(C) gateway
(D) switch
(E) None of these
Ans : (A)

45. A————is approximately a million bytes.

(A) gigabyte
(B) kilobyte
(C) megabyte
(D) terabyte
(E) None of these
Ans : (C)

46. The time it takes a device to locate data and instructions and make them available to CPU
is known as—
(A) clock speed
(B) a processing cycle
(C) CPU speed
(D) access time
(E) None of these
Ans : (D)

47. ——————controls the way in which the computer system functions and provides
a me Ans by which users are interact with the computer.
(A) The platform
(B) The operating system
(C) Application software
(D) The motherboard
(E) None of these
Ans : (B)

48. ——————me Ans that the data contained in a database is accurate and reliable.
(A) Data redundancy
(B) Data integrity
(C) Data reliability
(D) Data consistency
(E) None of these
Ans : (B)

49. A(n) —————— is aprivate corporate network,used exclusively by company

employees.
(A) Internet
(B) local area network
(C) peer-to-peer
(D) intranet
(E) None of these
Ans : (B)

50. A characteristic of a file server is which of the following?

(A) Manages file operations and is shared on a network
(B) Manages file operations and is limited to one PC
(C) Acts as fat client and is shared on a network
(D) Acts as fat client and is limited to one PC
(E) None of these
Ans : (A)