Quiz 396 : Finance, Business & Economy Current Affairs
1.Who among the following was chairman of Union Carbide when Bhopal tragedy occurred on 3 December 1984?
(D)None of them
2.Arrange the Nationalist Congress Party, Rashtriya Janata Dal, Bahujan Samaj Party, Samajwadi Party in chronological order of the years they were founded:
(A)Nationalist Congress Party, Rashtriya Janata Dal, Bahujan Samaj Party, Samajwadi Party
(B)Bahujan Samaj Party, Samajwadi Party, Rastriya Janta Dal, Nationalist Congress Party
(C)Bahujan Samaj Party, Samajwadi Party, Nationalist Congress Party,Rastriya Janta Dal,
(D)Bahujan Samaj Party, Nationalist Congress Party, Rastriya Janta Dal, Samajwadi Party,
(E)None of them is a correct order.
3.In context with the wheat grains procured and further released by the FCI (Food Corporation of India) in the market, which among the following had been suggested by the Economic Survey 2009-10?
(A)The grain should be released in small batches to a large number of traders at prices significantly below the market price, but sufficiently above the procurement price.
(B)The grain should be released in large batches to a small number of traders at prices significantly below the market price, but sufficiently above the procurement price.
(C)The grain should be released in small batches to a large number of traders at prices significantly above the market price, but sufficiently below the procurement price.
(D)The grain should be released in large batches to a small number of traders at prices significantly above the market price, but sufficiently below the procurement price.
(E)The grain should be stocked by the FCI in Open Go downs.
4.If we consider that BSE Index has increased from 17000 to 17170 today, it would mean that __________?
(A)Total Value of the Share market securities has gone up by 1%
(B)Total value of the share market securities has gone up by 170 Crore Rupees
(C)Total value of the securities which constitute the index has increased 1%
(D)Total value of the securities which constitute the index has increased by 170 Crore Rupees
(E)Total value of the securities which constitute the index has is 17170 points ahead of the base value.
5.Which among the following sub sectors of the petroleum and natural gas (PNG) sector in India does not fall in the domain of the Petroleum and Natural Gas Regulatory Board of India (PNGRB)?
(A)exploration and production of PNG
(B)oil refining and marketing
(C)natural gas transportation and marketing
(D)crude oil and petroleum products pipelines
(E)None of them
6.Revenue-neutral rate (RNR) is a component of which of the following taxes in India?
(A)Goods and Services Tax (GST)
(E)Central Value Added tax (CENVAT)
7.To bring in more transparency, discourage mis-selling of Ulips & other insurance policies and help investors take informed decisions, what is the free look period given to the consumers?
8.Which among the following treaties / arrangements is the successor to the Cold war-era Coordinating Committee for Multilateral Export Controls (COCOM)?
(A)Antarctic Treaty System
(E)None of them
9.By April 2010, how many approvals have been granted for setting up of SEZs in India ?
10.Indian firms like Coal India Ltd (CIL), NTPC and Tata Steel are looking for opportunities to acquire coal mines in this country, but recently there was a policy change and country proposed to impose a super profit tax of 40% on mining leading the companies to raise their concerns. The country in
the question is _____?
11.Recently we read in the newspapers that there is a huge trade imbalance between India and China. India wants China to open up its market for Indian exports such as basmati rice, bovine meat and some varieties of fruits and vegetables. Earlier, China too had promised India to help the country in
reducing the heavy trade imbalance. In 2009-10, approximately what was the trade imbalance between India and China?
(A)$ 6 Billion
(B)$ 10 Billion
(D)$ 21 Billion
(E)$ 26 Billion
12.Recently, the Government of India has amended the Securities Contracts (Regulation) Rules. What is the proposed minimum threshold level of public holding for all listed companies as per this amendment?
13.What is the current number of notified Eco Sensitive Zones in India?
14.Consider the following statements regarding India’s National Bird peacock:
1. Wildlife Protection Act 1972 prohibits killing of Peacock
2. Wildlife Protection Act 1972 allows domestic trade of Peacock feathers
3. Wildlife Protection Act 1972 allows exports of Peacock feathers
Which among the above statements hold true?
(A)1 & 2
(B)1 & 3
(D)2 & 3
(E)all are correct
15.Which of the following bank has recently won the prestigious Asian Banker Achievement Award for being the strongest bank in Asia Pacific region?
(B)State Bank of India
(E)None of them
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