Practice Test

Q1) The President of the Palestine recently emphasized that his country will not resume peace talks until Israel fully halts settlement building in the Show Answer

Q2) All the major world leader gathered in Berlin in Nov. 2009 to mark the 20th anniversary of Show Answer

Q3) Now almost all major newspapers/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)
(A) 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
(B) 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.
(C) Neither USA nor other countries took a note of the crisis in time. In facts they ignored it for quite some time Show Answer

Q4) 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 Show Answer

Q5) Now days we frequently read news item 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?
(A) Derivatives enable individuals and companies to insure themselves against financial risk.
(B) Derivatives are like fixed deposits in a bank and are the safest way to invest one's idle money lying in a bank.
(C) Derivatives are the financial instruments which were used in India even during the British Raj. Show Answer

Q6) 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? Show Answer

Q7) Which of the following issues cannot come under the purview of the functioning of the Human Rights Commission of a country? Show Answer

Q8) A prominent international weekly sometimes ago printed a caption on its cover page which read "Brazil Take Off". Other major newspapers/magazines also printed similar stories/articles in their publications at the time. Why have magazines/newspapers decided to talk about Brazil these days?
(A) 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"
(B) 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
(C) Brazil is the world's second largest booming economy Show Answer

Q9) Which of the following countries has conferred the honour of "Legion d Honneur" on Bharat Ratna Lata Mangeshkar? Show Answer

Q10) Expand the term NREGA Show Answer

Q11) 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 Show Answer

Q12) The market in which long term securities such as stocks and bonds are bought and sold is commonly known as Show Answer

Q13) Which one of the following was India's top destination for exports during 2009? Show Answer

Q14) Which one of the following will be the first High Court in India, to implement the concept of 'e-courts'? Show Answer

Q15) Amongst the following which one of the following sectors provides the highest contribution in Industrial Production Index? Show Answer

Q16) Amongst the following sectors, which sector/segment has shown the highest per cent growth in the current fiscal? Show Answer

Q17) 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? Show Answer

Q18) World Trade Organization (WTO)'s ministerial meeting was organized in which of the following cities recently? Show Answer

Q19) In which of the following countries, was the recent Commonwealth Meet (CHOGAM) held? Show Answer

Q20) Which of the following decisions taken by the RBI will promote the concept of financial inclusion in the country? Show Answer

Q21) 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 ...... Show Answer

Q22) Citizens of which one of the following age-groups (in years) are covered under the New Pension System (NPS)? Show Answer

Q23) Which one of the following is the objective of the flagship scheme 'Rashtriya Swasthya Bima Yojana' (RSBY)? Show Answer

Q24) Which one of the following had set up the N. R. Narayana Murthy Committee on issue relating to Corporate Government? Show Answer

Q25) The proceeds of the disinvestment of profitable public sector units will be used for which of the following purposes? Show Answer

Q26) Which one of the following is the target fixed for fiscal deficit in the year 2010-2011? Show Answer

Q27) Which one of the following companies is the largest producer of natural gas in the country? Show Answer

Q28) Which one of the following states has sought a package of Rs. 500 crore ($100 million) for its Rural Poverty Reduction Programme? Show Answer

Q29) Chinese objections have stalled the road work at the village of Demchok, on the India side of the line of control. In which one of the following states is this village located? Show Answer

Q30) Constitutionally, which one of the following can levy Service Tax? Show Answer

Q31) 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? Show Answer

Q32) Which one of following is/are implication (s) of large inflow of foreign exchange into the country?
(A) It makes monetary management difficult for RBI
(B) It creates money supply, asset bubbles and inflation
(C) It weakens the competitiveness of Indian exports Show Answer

Q33) The Central Banks of which one of the following countries has offered $ 115 million emergency credit to support its economy hit by falling prices and also to strengthen its currency? Show Answer

Q34) Which of the following books is written by Chetan Bhagat? Show Answer

Q35) 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? Show Answer

Q36) Which of the following organizations has raised its loan amount to India make it US $ 7 Billion in 209-10 fiscal? Show Answer

Q37) Who amongst the following cricket players became the first to score 17000 runs in One Day Internationals? Show Answer

Q38) 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 programs? Show Answer

Q39) Famous Dada Saheb Phalke Award is given for exemplary work in the field of ? Show Answer

Q40) The Reserve Mortgage Scheme was launched by some organizations a few years back. This was done to help which of the following sections of society? Show Answer

Q41) The organization of the South East Asian countries is known as ?. Show Answer

Q42) "Miss Earth 2009" title has been conferred upon ?. Show Answer

Q43) Which of the following countries became the third largest producer of Steel in the world in 2009? Show Answer

Q44) The Foreign Trade policy is announced recently by the Govt. of India. Which of the following ministries/agencies announce the same? Show Answer

Q45) Irina Bokova has taken over as the Chief of the......... Show Answer

Q46) Dorjee Khandu has taken over as the Chief Minister of ...... Show Answer

Q47) Which of the following terms is used in the game of Football? Show Answer

Q48) Which of the following is considered a Non Food Crop? Show Answer

Q49) Who among the following was the prime Minister of Nepal immediately prior to Madhav kumar Nepal? Show Answer

Q50) The 10th India-European Summit was held in New Delhi in November 2009. Who amongst the following represented India and also chaired the same? Show Answer