31. What is the contribution of auto components to Indian GDP?
[A] 4.1%
[B] 2.3%
[C] 3.2%
[D] 5.4%
Show Answer
Correct Answer: B [2.3%]
Notes:
The Auto-components industry contributes about 2.3 percent to India’s Gross Domestic Product (GDP). It employs as many as 1.5 million people directly and indirectly each.
32. What is the per capita steel consumption of India?
[A] 192 kg
[B] 74.1 kg
[C] 94.3 kg
[D] 98.45 kg
Show Answer
Correct Answer: B [74.1 kg]
Notes:
The per capita steel consumption of steel is 74.1 in India. Steel consumption is India is projected to be 158 kg per head by 2030.
33. Which city has the highest number of cotton mills?
[A] Ahmedabad
[B] Mumbai
[C] Agra
[D] Kolkata
Show Answer
Correct Answer: B [Mumbai]
Notes:
Mumbai has the highest number of cotton mills. The cotton textile industry has the largest concentration in Mumbai due to availability of raw materials, favourable climate for cotton production, export facility and availability of capital.
34. Which hospital is first opened in India?
[A] Kolkata hospital
[B] Madras general hospital
[C] King George Hospital
[D] None of the above
Show Answer
Correct Answer: B [Madras general hospital]
Notes:
The Madras general hospital is the first hospital opened in India. It was opened in 1664 in chennai.
35. When does an expansionary monetary policy used?
[A] When there is more money in the economy
[B] When the money is not available for agriculture
[C] When there is recession in the economy
[D] When there is inflation
Show Answer
Correct Answer: C [When there is recession in the economy]
Notes:
An expansionary monetary policy increases the money in the economy. It is used by the RBI when there is a recession in the economy and there is a need to increase the supply of money in the economy. It is used against unemployment.
36. What is the SLR level for the banks ?
[A] 15.4% of deposits
[B] 19.5% of deposits
[C] 21.12% of deposits
[D] 10.34% of deposits
Show Answer
Correct Answer: B [19.5% of deposits]
Notes:
SLR is known as statuatory liquidity ratio. It is 19.5% of bank deposits that the banks have to main the way RBI asks them to.
37. What is the Euro Issue?
[A] Stocks issued in europe
[B] Money issued in Europe
[C] Funds raised by Companies from Europe
[D] None
Show Answer
Correct Answer: C [Funds raised by Companies from Europe]
Notes:
The euro issue is the funds raised by a company from europe. They can be of the form of FCCB, global depository receipts, equity shares etc.
38. Which expressway is also known as National Expressway 1?
[A] Mumbai – Pune Expressway
[B] Noida – Greater Noida Expressway
[C] Ahmedabad – Vadadora Expressway
[D] Jaipur-Kishangarh Expressway
Show Answer
Correct Answer: C [Ahmedabad – Vadadora Expressway]
Notes:
The Ahmedabad – Vadadora Expressway, in Gujarat, is also known as National Expressway and Mahatma Gandhi Expressway. The total length of this expressway is 93.1 km. In 1986, it was declared as National Expressway 1. Nadiad and Anand are the two important cities covered in the Ahmedabad – Vadadora Expressway.
39. What is coal washing?
[A] Transforming coal to coke
[B] Removing ash in coal
[C] Pumping water into coal mines
[D] None
Show Answer
Correct Answer: B [Removing ash in coal]
Notes:
Coal Washing is the process of removing ash in the coal by washing the coal that is mined. It is an integral part of coal production process.
40. What is the percentage of FDI India allows in the oil field exploration?
[A] 100%
[B] 49%
[C] 51%
[D] 75%
Show Answer
Correct Answer: A [100%]
Notes:
India allows 100% in the oil and natural gas fields and the exploration.
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