Mega Quiz May 2009 (Second)
1.RBI has recently released its Annual Policy Statement for 2009-10, vide its Notification dated April 21, 2009. It has retained the bank rate at 6 per cent. The repo rate and the reverse repo rate under the liquidity adjustment facility or LAF have been brought down by 0.25 per cent each. As a result, the repo rate will now be 4.75 per cent and the reverse repo rate, 3.25 percent. The cash reserve ratio or CRR has been retained at 5 percent. Consider the following statements regarding the reasons for RBI to bring down repo rate and reverse repo rate:
1. To ease the Liquidity Situation
2. RBI remains concerned about the lag between cut in Policy Rates and lending rates of banks. The benefit will definitely will accrue to borrowers with a downward shift in rate structure
3. RBI tries to make a good balance between promoting growth and financial sector development and stability.
4. RBI tries other banks to increase the interest rates.
Which of the above statements is wrong?
2. The thrust of the Reserve Bank’s policy stance since mid-September 2008 has been aimed at providing ample rupee liquidity, ensuring comfortable dollar liquidity and maintaining continued credit flow to productive sectors. Taken together, the policy measures of the Reserve Bank have ensured that the Indian financial markets continue to function in an orderly manner.These measures have augmented actual/potential liquidity in the financial system by how much of the following amount?
1. Rs.420,000 crore
2. Rs. 380,000 crore
3. Rs. 460,000 crore
3.José Luis Rodríguez Zapatero is prime Minister of which of the following country?
4.After Acquiring Satyam, Tech Mahindra is now India’s Fourth Largest IT company. Consider the following decreasing order of revenue of 5 of India’s largest IT companies after this Merger. Which is the right order?
A.TCS, Infosys, Wipro, Tech Mahindra, HCL
B.Infosys, TCS, Wipro, TechMahindra, HCL
C.Wipro, TCS, Infosys, Tech Mahindra, HCL
5.Tech Mahindra won the bid for Satyam, defeating L&T; and Wilbur Ross. The company got 31% stake in Satyam for a sum of Rs. 1,757 crore. What was bid of Tech Mahindra to acquire Satyam?
A.Rs. 60 per share
B.Rs. 58 per share
C.Rs. 49 per share
6.North Korea announced on April 14,2009 to boycott the six-party talks — a diplomatic effort aimed at curbing the communist nation’s nuclear-weapons program in exchange for aid. What was a precise reason for North Korea to Boycott these talks?
A.U.N. Security Council issued a statement condemning the country’s April 5 rocket launch.
B.South Korea prepared to ship missiles and components to other countries
C.North Korea was never Interested in these multilateral talks
7.” Perspective 2020″ is a report based on extensive research conducted over a year by McKinsey & Company, released by NASSCOM recently . According to this report , Indian IT industry has a potential to generate revenues of …… in 2020?
A.US $ 175 billion
B.US$ 225 billion
C.US$ 250 billion
8.What is India’s Rank in Global Political Risk Index as per recent report of political risk consultancy?
9.ARAB LEAGUE SUMMIT 2009 was recently concluded in .,.?
10.How many companies from India are included in Forbes 2000 list ?
11.Bernard d’Espagnat, who was recently given Templeton Prize belongs to which of the following countries?
12.Who is the chairman of National Security Council of North Korea?
13.Govind Singh Gurjar who recently passed away was Governor of ..?
14.”Peter Zumthor ” who was recently given Pritzker prize belongs to which among the following countries?
A.United States of America
15.Pulitzer Prize is given in which of the following fields.
A.News paper Journalism & Literature
B.News paper Journalism , Literature & Music Composition
C.Literature & Music Composition
16.Injaz is the name given to world’s first cloned….?
17.Which country recently hosted the 17th International Agriculture Exhibition 2009 (Agritech 2009) ?
18.What are the RBI ‘s Projections regarding the Money Supply in 2009-10 (as per new Annual Policy Statement of RBI)
19.The EXIM bank has sought trade finance support of $ 60 million from International Finance Commission recently. What is the main use of this money ?
A.Lend Small & Medium Enterprises
B.Use in Investment
C.To Improve Liquidity
20.Who among the following has been appointed India’s alternate governor in the World Bank Board recently ?
A.S M Sampath
21.World Red cross Day is celebrated on which date?
22.Which among the folllowing 3 companies have been placed in Forbes 2000 list ?
A.RIL, SBI, NTPC
B.SBI, NTPC, ONGC
C.RIL, SBI, ONGC
23.According to a recent report released by WTO, what is the rank of India in taking steps regarding Antidumping against other countries products?
24.Where will held the Fourth Bhojpuri Conference in September 2009 ?
25.Who has written the book ” SMG” ?
B.Devendra Prabhu Desai
26.Which among the following exchanges is planning to buy share in MCX?
A.National Stock Exchange
B.London Stock Exchange
C.Australian Security Exchange
27.The headquarters of which of the following companies is also known as “Bush House”?
B.British gas Trading Limited
28.Which Bank appointed former U.S. Ambassador to India David Mulford as its Vice-Chairman International?
29.Which Bank in Switzerland has been recently renamed as Hinduja Bank?
C.Faisal Private Bank
30.For the first time in its 650-year history, the University of Cambridge has appointed a woman as the University Librarian. What is her name ?
31.Who among the following has been appointed in President Barack Obama’s Advisory Council on Faith-Based and Neighborhood Partnerships.
B.Eboo S Patel
32.Morgan Tsvangirai has recently become Prime Minister of ..?
33.Which of the following countries recently approved Embryonic Stem Cell Experiments on Humans ?
34.” Safir ” belongs to which of the following nations?
35.” Tsyklon-3″ the expendable launch system, primarily used to put Cosmos satellites into low Earth orbit belongs to which of the following nations?
36.Who among the following is the winner of 17th Amber Blindfold and Rapid Tournament.?
37.Supreme people’s Assembly is parliament of which nation?
38.How many countries are in G-20?
39.Which among the following countries is not a member of Nuclear Supplier Group?
40.Which among the following is the most Tax Friendly country as per recent list of Forbes?
41.Who among the following is the newly appointed Chairman of competition commission of India?
42.Which among the following districts of Andhra Pradesh is called ” Hub of Fresh Fish Farming” ?
43.Which country ranks first in the production of Mushrooms in the world?
44.The Indus Water Treaty gives which of the following rivers to India?
A.Sutlej & Beas
B.Sutlej & Ravi
C.Sutlej, Beas and the Ravi
45.Which among the following is most appropriate term for this definition” The process of the total valuation of the financial capital assets of a country ” ?
A.Net Wealth of the Country
B.Gross Domestic Resources
46.Which among the following is a scheme for women in difficult circumstances, being implemented by the Department of Women and Child Development, Ministry o Human Resource Development, Government of India?
47.National Old Age Pension (NOAP) Scheme comes under which of the following Ministries?
A.Ministry of Rural Areas and Employment
B.Ministry of Health and Family Welfare
C.Ministry of Personnel, Public Grievances and Pensions
48.Which of the following countries has recently come out with a spaceport plan?
49.The term “Crack spread” is used in which industry ?
A.Future Trading of Oil & Petroleum Products
B.Future Trading of Currencies
50.Currently how many countries are party to the Nuclear Non-Proliferation Treaty ?