1.In which of the following situations Net exports are negative?
(A)Exports more than imports
(B)Import more than exports
(C)net investment is positive
2.The association of Indian Rupee with pound sterling was broken in which year. ?
(A)1985
(B)1990
(C)1991
3.Which among the following is correct regarding the relationship of balance of payments and capital movements?
(A)BOP is affected by capital movements
(B)BOP is not affected by capital movements
(C)BOP is may or may not be affected by capital movements.
4.What is the approximate ratio of rural : urban population of India as per the 2001 census?
(A)4:1
(B)7:2
(C)8:3
5.Which of the following states in India has highest proportion of Urban population in India ?
(A)Maharastra
(B)Himachal Pradesh
(C)Goa
6.The rural credit in India has been institutionalized truly since _______?
(A)Independence
(B)Nationalization of Banks
(C)Inception of the Cooperative Movement
7.In the WPI based inflation calculation a set of how many commodities is used in India ?
(A)340
(B)435
(C)225
8.Which of the following is true regarding the New Income Tax Slabs in the recent budget 2009-10?
(A)there is a 10,000 rupees increase in the all slabs across all categories
(B)there is a 10,000 rupees increase in the first slab across all categories, while the remaining slabs remain unchanged
(C)there is a 10,000 rupees increase in the first slab across all categories, while there is a 5000 increase in remaining slabs
9.For the first time since 1977, India's WPI Inflation rate fell to -1.61% for the week ended on ______?
(A)June 6, 2009
(B)June 13, 2009
(C)June 21, 2009
10.Swiss accounts are considered safe and secure as Switzerland maintained neutrality in both World Wars, is not a member of the European Union and was not even a member of the United Nations until the year ________?
(A)1995
(B)1998
(C)2002
11.Which among the following is true regarding the new 10 rupee coin issued by Government of India ?
(A)The outer ring of the coin is made up of Nickle & Copper alloy while the inner section is made up of Aluminum and Bronze alloy.
(B)The outer ring of the coin is made up of Aluminum and Copper alloy while the inner section is made up of Nickel and Bronze alloy.
(C)The outer ring of the coin is made up of Aluminum and Bronze alloy while the inner section is made up of Nickel and Copper alloy.
12.Most of the times, it is the economic policy adopted by a government before recession, which determines what type of recession it is; a wrongly calibrated economic policies leading to L-shape recessions, the worst of all. Which is correct regarding L ?
(A)L-shape recession is a recession that goes down and then stays there for a long period of time without a recovery
(B)L-shape recession goes down slowly and then stays there for a few years before recovering
(C)L-shape recession goes down slowly and then stays there for many years before recovering
13.According to the six-monthly Global Financial Centers Index (GFCI) compiled by Z/Yen Group, the top 3 financial centers of Asia are (March 20092)
(A)Singapore, Hong Kong, Tokyo
(B)Singapore, Shanghai, Taipei
(C)Singapore, Tokyo, Shanghai
14.Which among the following taxes does not increase the price of commodity for buyers?
(A)Sales tax
(B)Income tax
(C)Octroi
15.Which among the following is true regarding NNP ?
(A)GNP + depreciation
(B)GNP -- depreciation
(C)GNP + Exports
16.What is the correct full form of NAFUS?
(A)National Fund for Unorganized Sector
(B)National Fund for Urban Sector
(C)National Fund for Unemployed Students
17.Along with NIC National Informatics center , the government had asked which of the IITs to work on the E-passport project?
(A)IIT Kharagpur
(B)IIT Kanpur
(C)IIT Delhi
18.who was given prestigious Rajiv Gandhi award recently ?
(A)Shahrukh Khan
(B)Amir khan
(C)Shahid Kapoor
19.Who has been conferred with the 'Pride of India' award for 2008. He is also the first Asian to be appointed to the privy council by British Queen ?
(A)Amartya Sen
(B)Lord Swaraj Paul
(C) V.S. Naipaul
20.Which among the following is called the best solution for overcoming the evil effects of small and unproductive holdings?
(A)Use capital intensive technology
(B)co-operative farming
(C)rapid industrialization
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