Economy Related Multiple Choice Questions

1. Which of the statement is incorrect ?
(a) India has set up Sovereign Fund that would help its state-run Companies to Pursue acquisition of oil, gas, coal, LNG and other raw material in other countries in order to compete with China.
(b) Oil and natural gas corporation Videsh Limited (OVL) had been told to pursue at least one major oil and gas asset every year.
(c) OVL last year bought Imperial Energy Plc for $2.1 billion is India’s biggest energy acquisition.
(d) India’s Soverign Fund is constituted with the help of Russia. As Russia has enough experience in this regard.

2. Consider the following statements.
1. Karaikal Port is a deep-water private port at karaikal district of Puducherry.
2. India Infrastructure Fund (IIF) Which will be investing in this project. Is a fund managed by IDFC Project equity Company Limited.
Which of the above statements is\ are correct ?
(a) 1 Only
(b) 2 Only
(c) Both 1 and 2
(d) Neither 1 Nor 2.

3. Recently which Indian Company has earning its green revenue with issuance of first set of Certified Emission Reduction (CER) from its first rigistered CDM (clean Development Mechanism) Project. ?
(a) ONGC
(b) NPCIL
(c) NTPC
(d) SAIL

4. Rosneft, Gazprom, and Sistema, with these oil and gas Companies, India’s company OVL has decided to join hand to jointly bid for the sakhalin - III Project in far east Russia, and gas fields in East Siberia and yamal Peninsula. These Companies belongs to :
(a) Germany
(b) Russia
(c) China
(d) Kazakhstan.

5. Which was the first state- owned company that hit the capital market to mop up about Rs16000 crore by selling its equity and issuing fresh shares to the public, as part of government’s ambitious disinvestment programme to raise the targeted Rs40,000 crore.
(a) ONGC
(b) NTPC
(c) SAIL
(d) NPCIL.

6. Which Country has hosted the communic Asia 2010, the most established infomation, Communication and technology (ICT) event in Asia.
(a) China
(b) India
(c) Sri Lanka
(d) Singapore

7. If a company get Maharatna status, then it could enhanced Its investment capacity upto -
(a) Rs. 1000 crore
(b) Rs. 2500 Crore
(c) Rs. 5000 Crore
(d) Rs. 7500 Crore

8. Consider the following Statements :
1. NTPC has examined the feasibility of setting up a coal based power plant in Bangladesh.
2. At present Bangladesh has a power generation capcity of 5000 MW. of which 83% is gas - based.
Which of the above statements is/are incorrect ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

9. Consider the following statements :
1. Bank of America - Merill Lynch, Royal Bank of Scotland and Bank of Canada are the three merchant banks Selected for helping the Public Sector Coal India Ltd. (CIL) to seal Strategic Partuership deals with coal companies in three Countries - Australia, Indonesia and U.S.
2. Coal India Ltd. (CIL) is the world’s Single largest coal Company.
Which of the above statements is/are correct ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

10. NTPC has setting up of two coal-based thermal power plants in which central Asian Country?
(a) Kazakhstan
(b) Turkmenistan
(c) Uzbekistan
(d) Kyrgyzstan.

11. The planning Commission announced for setting up of an 18 member expert committee to recommend measures for efficient management of public expenditure. This Committte is headed by -
(a) Montek sing Ahluwalia.
(b) N.C. Vaidy.
(c) Deepak Parekh.
(d) C. Rangarajan.

12. Which of the statement is incorrect ?
(a) Nuclear power corporation of India Limited (NPCIL) and NTPC entered into a joint venture agreement to setup nuclear power project.
(b) S.K. Jain is the Chairman of NTPC and R.S. sharma is the Chaiman and Managing director of NPCIL.
(c) NTPC is the largest power generation company with an installed capacity of 31, 704 MW.
(d) NTPC,s. Total coal requirement for the year 2011 is about 145-150 million tonnes, of which the company is planning to import 14 million tonnes.

13. Which of these two banks are not Indian banks. As central government maintained that at least 74% equity of these banks are from ontside. So by defination they are not Indian bank.
(a) ICICI and HDFC.
(b) HDFC and Standard charter.
(c) ICICI and standard charter.
(d) Standard Charter and City Bank.

14. Match the following
List I (Chairman) List - II (Company)
A. R.S. Sharm 1. NT PC.
B. B.P. Rao 2. BHEL.
C. C. P. Singh 3. NBPPL.
A B C
(a) 1 2 3
(b) 3 2 1
(c) 2 1 3

15. Match the following
List-I (Power Plant) List-II (Location)
A. Namrup gas project 1. Assam
B. Palatana gas project 2. Tripura
C. Singruli thermal 3. Madhya Pradesh
project
A B C
(a) 1 2 3
(b) 3 2 1
(c) 2 1 3
(d) 3 1 2

16. Recently the World Bank has blacklisted one Indian Company for three years, for indulging in fraud and corrupt practices. As it did in 2009 to three Indian firms - Satyam Computer Service, wipro Technologies and Megasoft Consultants. The recent one is?
(a) Airtel
(b) Videocon
(c) Infosys
(d) TCS

17. Which of the statement is incorrect?
(a) Power generation capacity addition during the XI plan would be about 74000 MW, almost close to the original target of 78,577 MW.
(b) In its mid-term review, the planning commission had reduced power generation capacity addition target by over 20% to 62,374 MW for the current plan period from the original 78577 MW.
(c) During the X plan 21080 MW was added against the target of 41000 MW.
(d) “Bachat Lamp Yojna” under which incandescent bulbs are replaced by energy efficient CFLs bulbs in the country. This will result in a saving of 5000 MW of Power.

18. The Clean Development Mechanism (CDM) is an internationl organisation for approval of Carbon Credit Projects under,
(a) Intergovernmental Panel on climate change.
(b) United Nation Security Council.
(c) European Union + US Panel.
(d) United Nations Frame Work Convention on climate change.

19. With the Supreme Court’s verdict the gas dispute between the Ambani brothers. The Dadri power project in Uttar pradesh could have face an adverse impact. This is a 7800 MW power project. it belongs to?
(a) Government of India.
(b) Government of Uttar Pradesh.
(c) Anil Ambani’s Reliance Natural Resources Limited (RNRL)
(d) Mukesh Ambani’s Reliance Industry Limited (RIL).

20. Krishna-Godavari Basin (KG-D6) is a gas field from where, gas would be supply to Dadri power project in Uttar Pradesh. This basin belongs to,
(a) Government of India.
(b) Government of Andhra Pradesh.
(c) Anil Ambani’s Reliance Natural Resources Limited (RNRL).
(d) Mukehs Ambani’s Reliance Industry Limited (RIL).

21. Aimed at giving a boost to its holding of oil and gas assets abroad the oil and natural gas corporation Videsh Limited (OVL), entered into an agreement with which Latin American Country to develop a $20 billion oil project in that country?
(a) Venezuela
(b) Brazil
(c) Colombia
(d) Argentina

22. Bank of Rajasthan,one of the oldest private sector banks in the country, announced that it would merge with?
(a) ICICI
(b) SBI
(c) HDFC
(d) Punjab National Bank

23. The largest private sector bank in India is?
(a) Punjab National Bank
(b) HDFC
(c) City Bank
(d) ICICI

24. Consider the following statement :
1. The Federation of India Export organisations (FIEO) said that IT and energy sector had the potential to take Indian exports to $1000 billion or 5% of the global trade by 2020.
2. By 2020, the pharmaceutical market is anticipated to more than double to $1.3 trillion, with the E7 - Brazil, China, India, Indonesia, Mexico, Russia and Turkey accounting for one-fifth of the global pharmaceutical sales.
Which of the above statement is incorrect?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

25. Recently the Central Government has granted “Maharatna” Status to four giant public sector undertaking. Which PSU is incorrect in this following option?
(a) NTPC
(b) ONGC
(c) IOC
(d) NPCIL

26. India’s complaint against the unjust seiqure of cheap generic drug consignments meant for Latin America and African nations has received a boost with the VHO terming such action “miscue of rules” against counterfeit medicines. This complain is against.
(a) E.U.
(b) USA
(c) Russia
(d) Canada

27. Recently an expert panel on the infrastracture debt fund recommended that a debt fund of Rs 50,000 Crore be set up for financing infrastracture projects and also asked the government to change rules to allow funding by pension and insurance companies. This panel is headed by?
(a) RBI Governor Subbaroa.
(b) HDFC Chief Deepak Parekh.
(c) C. Rangaranjan
(d) Montek Singh Ahluwalia

28. Recently which company has signed a MOU with the UIDAI to act as a registrar for the delivery of the unique 16-digit identify numbers to customers, making it the first institution other than state governments to sign up with UIDAI.
(a) ICICI prudent life
(b) LIC
(c) Bila Sunlife
(d) Bhartia AXA

29. NBPPL is a company for carrying out engineering, procurement and construction (EPC) contracts for power projects as well as for manufacturing and suppling equipment in India and abroad to meet the needs of power equipment in India and abroad to meet the needs of power equipment in the power sector expansion plan. This NBPPL is a 50:50 joint venture company between?
(a) NTPC and BHEL
(b) NPCIU and BHEL
(c) NTPC and NPCIL
(d) NPCIL and BDL

30. The Central Government ended a turf war between the Insurance Regulatory and Development Authority (IRDA) and the securities and Exchange Board of India (SEBI). Saying unit linked insurance products (ULIPs) will be regulated by?
(a) IRDA
(b) SEBI
(c) Finance Ministry
(d) RBI

Answers:

1. (d) 2. (c) 3. (a) 4. (b) 5. (c) 6. (d) 7. (c) 8. (d) 9. (c) 10. (a) 11. (d) 12 (b) 13. (a) 14. (a) 15. (a) 16. (b) 17. (d) 18. (d) 19. (c) 20. (d) 21. (a) 22. (a) 23 (d) 24. (d) 25. (d) 26. (a) 27. (b) 28. (b) 29. (a) 30. (a)

50YEARS OF FIRST SPACE TRAVEL

SUPER BUG DETAILS

Salient features of Jan Lokpal Bill

The Jan Lokpal Bill (Citizen's ombudsman Bill) is a draft anti-corruption bill that would pave the way for a Jan Lokpal, an independent body like the Election Commission, which would have the power to prosecute politicians and bureaucrats without government permission. The bill has been drafted by Shanti Bhushan, former IPS Kiran Bedi, Justice N. Santosh Hegde, renowned advocate Prashant Bhushan, former chief election commissioner J. M. Lyngdoh in consultation with the leaders of the India Against Corruption movement and the civil society. The bill proposes institution of the office of Lokpal (Ombudsman) at center and Lok Ayukta at state level. Jan Lokpal Bill is designed to create an effective anti-corruption and grievance redressal systems at centre and to assure that effective deterrent is created against corruption and to provide effective protection to whistleblowers. The Lokpal Bill drafted by the government is pending to be passed in the Rajya Sabha since 42 years.The first Lokpal Bill was passed in the 4th Lok Sabha in 1969 but could not get through in Rajya Sabha, subsequently, Lokpal bills were introduced in 1971, 1977, 1985, 1989, 1996, 1998, 2001, 2005 and in 2008, yet they were never passed and its pending.

1. An institution called LOKPAL at the centre and LOKAYUKTA in each state will be set up

2. Like Supreme Court and Election Commission, they will be completely independent of the governments. No minister or bureaucrat will be able to influence their investigations.

3. Cases against corrupt people will not linger on for years anymore: Investigations in any case will have to be completed in one year. Trial should be completed in next one year so that the corrupt politician, officer or judge is sent to jail within two years.

4. The loss that a corrupt person caused to the government will be recovered at the time of conviction.

5. How will it help a common citizen: If any work of any citizen is not done in prescribed time in any government office, Lokpal will impose financial penalty on guilty officers, which will be given as compensation to the complainant.

6. So, you could approach Lokpal if your ration card or passport or voter card is not being made or if police is not registering your case or any other work is not being done in prescribed time. Lokpal will have to get it done in a month’s time. You could also report any case of corruption to Lokpal like ration being siphoned off, poor quality roads been constructed or panchayat funds being siphoned off. Lokpal will have to complete its investigations in a year, trial will be over in next one year and the guilty will go to jail within two years.

7. But won’t the government appoint corrupt and weak people as Lokpal members? That won’t be possible because its members will be selected by judges, citizens and constitutional authorities and not by politicians, through a completely transparent and participatory process.

8. What if some officer in Lokpal becomes corrupt? The entire functioning of Lokpal/ Lokayukta will be completely transparent. Any complaint against any officer of Lokpal shall be investigated and the officer dismissed within two months.

9. What will happen to existing anti-corruption agencies? CVC, departmental vigilance and anti-corruption branch of CBI will be merged into Lokpal. Lokpal will have complete powers and machinery to independently investigate and prosecute any officer, judge or politician.

10. It will be the duty of the Lokpal to provide protection to those who are being victimized for raising their voice against corruption.

Lokpal--THE OMBUDSMAN MODEL

The concept of Lokpal is based on the Scandinavian institution of ombudsman. 'Ombudsman' is a Swedish word that means "an officer appointed by the legislature to handle complaints against administrative and judicial action". The office was created first in Sweden in 1809 and later adopted by other Scandinavian countries that saw it as "a bulwark of democratic government against the tyranny of officialdom".

The ombudsman can take suo moto cognizance of public grievances and either launch an investigation himself or hire a private agency for the purpose. In Sweden and Finland, the ombudsman has the power to prosecute erring public servants but in Denmark he can only order prosecution.

In all these countries, the power of prosecution is rarely used. The ombudsman relies more on the publicity attached to its office and the negative impact of an investigation on the career of an official. In Sweden and Finland, the ombudsman can also supervise the courts.

The UK has a similar institution, but with slightly different powers. Here, the ombudsman is known as the Parliamentary Commissioner and can only receive complaints through members of Parliament. He cannot start an investigation on his own.

Hong Kong has registered spectacular results in the fight against corruption. When corruption in the police force peaked in the 1970s, the government set up an Independent Commission Against Corruption and gave it full powers to investigate and punish the guilty. It sacked 119 of the 180 police officers in one go, sending a strong message to the rest of the force and other government functionaries.

Several Asian countries including South Korea have since created similar anti-corruption mechanisms.

PHYSIOGRAPHIC DIVISION OF INDIA

Mountains
The Peninsular Mountains : classified as follows
the western Ghats	run along the west coast from south of the Tapti river valley to Kanyakumari; Deccan trap constitutes the northern portion of the Ghats; Southern part : composed of Archean gneisses, Schists and Charnockites Anai Muddi in the Anaimalai Hills 2,695 m (8,842 ft) in Kerala is the highest peak in the Western Ghats.
the Eastern Ghats	irregular hill ranges stretches from northern Orissa to the Kerala and Tamil Nadu across coastal Andhra; Highest Peak at 1680m in Vishakhapatnam dist( Andhra)
The meeting point of the western and Eastern Ghats in the Nilgiri Hills has the highest point at Doda Betta Peak.
The Vindhya Range	Running from Sasaram(Bihar) in the east to Jobat(Gujarat) in the west separates northern India from the southern mainland They are believed to have been formed by the wastes created by the weathering of the ancient Aravali mountains.[
The Satpura range	extends from Narmada valley(N) to the Tapti valley (S) ; It is triangular in shape, with its apex at Ratnapur highest point : Dhupgarh near Pachmarhi(M.P.)
The Aravalis	the oldest mountain range in India; most ancient fold mountain ranges ; separates the semi desert and fertile regions of Rajasthan highest point: Gurushikhar peak of Abu hills
The Northern Mountains : stretches across northern India from Jammu and Kashmir to Arunachal Pradesh( abt 2400km); the world’s youngest fold mountain ,achieve greatest heights in eastern Nepal
the outer Himalayas ( the siwaliks )	composed of tertiary sediments; emerged as most recent phase in Himalaya OROGENY
the outer Himalayas ARE SEPERATED FROM THE LESSER Himalayas by Duns ( valleys resulting from draining away of the temporary lakes formed by ridges when these obstructed the course of rivers
the lesser/outer Himalayas ( the himachal)	the ranges include the 400km Pir Panjal range, the longest range of the Himalayas
the greater Himalayas ( the himadri)	the innermost Himalayan Range is the world’s highest and most continuous of Himalayan ranges ; Himadri’s highest peak include world’s highest peak- Mt Everest
the trans Himalayan zone	include imp ranges such as Zaskar Range and the Great Karakoram Range :extends 2wards south-east to form the Kailash Range; highest peak K2 longest glacier : Siachen ( Nubra Valley – 72 km )
the Peninsular Plateau : largest and oldest of all the physiographic division ; north- east limit: Aravali Range ‘ northern extreme – Bundelkhand and western and eastern ends : Western Ghats and Eastern Ghats resp.
the central plateaus	the upland of Central India with river Ganga (N) , Vindhya and Satpura ranges (S)Kaimur-Maikal Range (E) and Aravalis and Kutch to (W) comprise Mewar,Malwa(in M.P. formed of lava ) and Vindhya Plateaus
the eastern Plateaus	diversified to topography ; low lying Mahanandi basin to undulating plateatus of the Bhaghelkhand , Chhota Nagpur and Dandakaranya Meghalaya Plateau : beyond lava ridden Rajhmahal Hills
The Kathiawar and Kutch Plateaus	joined to the Peninsular Plateaus by Gujrat’s plain; Deccan lava make up this region while Kutch – tertiary rocks
The Deccan plateaus	occupy land between the Western and Eastern Ghats and south of Mahadeo ,Maikal and Satpura ranges ; comprise the Maharashtra Plateau(basalt) ‘Karnataka and Telangana plateaus ( Archaean gneisses) India’s largest plateaus
the great plains : lies between the Himalayas and the peninsular Plateau , alluvial in nature
the Punjab Haryana plains	Comprise the Bist Doab (betn Sutlej &Beas Rivers); Upper Bari Doab ( betn Beas and Ravi Rivers) and south- east Malwa Plain.
the Rajasthan plains	comprise the marusthali of Thar and nearly Bagar areas Luni river : flowing 2wards south-east ,only river in region Rajasthan desert : sloping 2wards 2 direction – Indus valley in Pak ( W-wards ) and Ran of Kutch (S-wards)
the Ganga Plains	spreading across the states of Uttar Pradesh ,West Bengal &Bihar divided into : Ganga –Yamuna Doab , Rohilkhand Plain ,Avadh plain ( U.P.),Bihar Plain and Bengal Plain Ganga Delta : constitutes the Ben gal basin , covered with tidal forests ( the Sunderbans)
the Brahmaputra Plains	formed by deposit carried by Brahmaputra River , moist soil conditions
the Coastal plains : 4500 –km long coastline , Arabian Sea (W) , the Bay of Bengal (E)&Indian ocean (S) runs from Rann of Kutch (W) to the delta of the Ganga- Brahmaputra (E)
the east coastal plains	extend betn the source of Subarnarekha and Kanyakumari ; contain deltas of almost all rivers ( except Tapti and Narmada ) ; include Tamil Nadu plains, Andhra Plain and Utkal Plain
the West coastal plains	run from Rann of Kutch to Kanyakumari; sandy plains
Islands : has a no. of islands (247) ; Bay of Bengal ( 204) & Arabian Sea (43) The Andaman and Nicobar Islands: in the Bay of Bengal, represent elevated potions of submarine mountains. Mount Harriet (460m): in South Andaman Islands is the highest point. The Nicobar group contains 19 Islands. The Great Nicobar – largest island in group Islands in Arabian Sea : coral origin & surrounded by fringing reefs e.g. Lakshadweep islands

CURRENT AFFAIRS PRACTICE QUESTIONS

1. Consider the following statements :
1. India – Bangladesh Sunder bans Ecosystem forum was launched recently
2. The project was funded by Asian Development Bank and will be executed over five years.
Which of the above statement is / are wrong ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2.

2. Which of the statement is wrong ?
(a) In Kyrgyzstan the U.S. military base is at manas which become one of the focal pointsfor transporting American troops and equipment to Afganistan.
(b) In Kyrgyzstan, Russia also has amilitary base at kant.
(c) “Tulip Revolution” of 2005 was related with the Kyrgyz political movement.
(d) Dushanbe is the Capital of Kyrgyzstan, and its new President is Roza outnbayeva.

3. The 47 Countries attended the two meet fornuclear Security summit at Washington. The next meeting in 2012 will be held in –
(a) New Delhi
(b) Islamabad.
(c) Tokyo
(d) Seoul

4. The Recent Conference on Disarmament and non – Proliferation which held in -
(a) Tehran
(b) New Delhi
(c) Colombo
(d) Dhaka

5. Consider the following statements :
1. Article VI of the NPT Calls for disarmament, but there is no time frames have been fixed within its framework to achieve this.
2. India, Iran, Pakistan, Israel and North Korea are not the member of NPT.
Which of the above statement is correct ?
(a) 1 Only
(b) 2 Only
(c) Both 1 and 2
(d) Neither 1 nor 2

6. Recently India has raised its objection over the construction of the zangmu dam. In this Context which Country is building this Zangmu dam ?
(a) Pakistan in Pok
(b) Pakistan with the help of China assistance
(c) Bangladesh on the Brahmaputra river
(d) China on the Brahmaputra River.

7. Consider the following Statements :
1. The Economic and social survery of Asia and the Pacific 2010, an annual Publication of the United Nation Economic and Social Commission for Asia and the Pacific released stated that 62% of the word’s Population lived in this region.
2. The report finds that the region’s developing economies Forecast to grow by 7% led by China 9.5% and India 8.3% .
Which of the above statements is / are Correct ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2.

8. Pakistan has objected over the India’s 330 MW Kishanganga hydroelectric project in kishanganga river, Kishanganga is a tributary of which river ?
(a) Jhelum
(b) Indus
(c) Chenab
(d) Non of the above

9. ‘MONUC’ is recently in news. This is related with
(a) This is a peace keeping force of United nation deployed in congo.
(b) This is a peace keeping force of united Nation deployed in Democratic Republic of congo.
(c) It is a rebal group of Congo which recently attacked the UN Peace keeping force that lead to the death of one Indian Solider.
(d) None of the above.

10. Recently President Pratibha patel dedicated an Indian- Style temple in the town of Luoyang to the friendship between the people of India and the people of which country ?
(a) Vietnam
(b) China
(c) Cambodia
(d) Laos.

11. Math the following
List I (Hydel Project) List II (River)
A. Uri- II (240 MW) 1. Jhelum
B. Nimoo Bazgo (45 MW) 2. Suru
C. Chutak (44MW) 3. Indus.
A B C
(a) 1 2 3
(b) 3 2 1
(c) 2 3 1
(d) 1 3 2

12. Consider the following statements :
1. TAPI gas pipeline is assited by the Asian Development Bank.
2. Turkmenistan is the only Central Asian Countries which is not part of the shanghai Cooperation organisation.
Which of the above statement is Correct ?
(a) 1 Only
(b) 2 Only
(c) Both 1 and 2
(d) Neither 1 nor 2.

13. Which of the given statement is wrong
(a) Under the 1960 Indus water treaty, Pakistan has exclusive right over three of the common rivers – Indus, Jhelum and Chenab.
(b) While India has exclusive right over sutlej, Ravi and Beas.
(c) World Bank has the role of Neutral arbitrator, Under the Indus water treaty, in the disputes between the two countries.
(d) Recently Pakistan withdraw its objection to the construction of India’s Kishanganga Project.

14. Recently with which European Country India Sign Social Security Pact ?
(a) Poland
(b) U.K.
(c) Germany
(d) Czech Republic

15. Consider the following statements :
1. Flight 182(Air India) Nicknamed Emperor Kanishka was blown up by Sikh terrorist On June 23, 1985,
2. Recently John Major Commission of enquiry said that the Canadian Government was responsible for failing to act upon Credible information indicating that the attack was imminent.
Which of the above Statement is/ are correct ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Non of the above.

16. India bid for a stake in the Sakhalin – 3 oil and gas project.It is in which country ?
(a) Russia
(b) Ukraine
(c) Iran
(d) Venezula

17. Which of the following statement is wrong
(a) In L’ Aquilla in 2009 the G-8 Countries agreed to implement a ban on the sale of enrichment and reprocessing (ENR) equipment and technology to countries like India.
(b) Among India’s Nuclear partners, only Russia has given a commitment to provide India ENR equipment.
(c) This ban is in Contrast to the 2008. 46member NSG relaxation for India.
(d) Hungary, Currently Chair the Nuclear Supplying Group.

18. Recently an Indian has been nominated as the U.N. Speical Rapporteur our on the right to education he is : -
(a) Kishore Singh
(b) Ramsharan Singh
(c) Jaswant Singh
(d) Alvir Singh

19. The recent G – 8 Summit was held in which Country ?
(a) Canada
(b) USA
(c) New Zealand
(d) Australia

20. Which countries Parliament is Known as thestate Great hural ?
(a) Tajakistan
(b) Mangolia
(c) Kyrezstan
(d) Serbia

Answers:

1. (b) 2. (d) 3. (d) 4. (a) 5. (a) 6. (d) 7. (c) 8. (a) 49. (a) 10. (b) 11. (d) 12. (c) 13. (d) 14. (d) 15. (c) 16. (a) 17. (b) 18. (a) 19. (a) 20. (b)

India Budget 2011-12 OBJECTIVE QUESTIONS

1) Target of Fiscal Deficit in 2011-12 as given by Indian Finance Minister is (D)

(A) 7.6 percent of GDP
(B) 6.6 percent of GDP
(C) 5.6 percent of GDP
(D) 4.6 percent of GDP


2) The Gross Tax Receipts are estimated at Rs ...........crore (D)

(A) 2,32,440
(B) 4,32,440
(C) 8,32,440
(D) 9,32,440


3) The total expenditure proposed for 2011-12 is Rs ............ crore, (B)

(A) 2,57,729
(B) 12,57,729
(C) 22,57,729
(D) 32,57,729


4) A sum of Rs......... crore has been provided to enable public sector banks to maintain a minimum Tier I CRAR at 8 per cent. (C)

(A) 20000
(B) 40000
(C) 60000
(D) 80000


5) Indian Micro Finance Equity Fund of Rs ........ to be created with SIDBI as per budget 2011-12 plan. (A)

(A) 100 crore
(B) 1000 crore
(C) 10000 crore
(D) 3567 crore


6) Women’s SHG’s Development Fund with a corpus of Rs ........ has been proposed. (A)

(A) 500 crore
(B) 600 crore
(C) 700 crore
(D) 800 crore

7) Bharat Nirman does not includes ? (D)

(A) Pradhan Mantri Gram Sadak Yojna (PMGSY),
(B) Accelerated Irrigation Benefit Pro gramme
(C) National Rural Drinking Water Programme
(D) Indira Gandhi National Old Age Pension Scheme for BPL

8) Government expects economy to grow at ........% in 2011-12. (B)

(A) 9.5
(B) 9
(C) 8.5
(D) 8

9) Government debt is About ......% of GDP as per budget 2011-12 (A)

(A) 44.2
(B) 45.2
(C) 46.2
(D) 47.2

10) Iron ore export duty hiked to ...........per cent. (C)

(A) 16
(B) 18
(C) 20
(D) 22

11) Nominal GDP growth of ........ per cent has been projected in Budget 2011-12 (A)

(A) 14
(B) 13
(C) 12
(D) 11


12) New limit for investment by foreign institutional investors in corporate bonds is $.......billion. (B)

(A) 30
(B) 40
(C) 50
(D) 60


13) Corporate surcharge has been reduced to............% (C)

(A) 3
(B) 4
(C) 5
(D) 6


14) New increased rate of MAT is ..........%. (B)

(A) 15.5
(B) 18.5
(C) 21.5
(D) 24.5


15) Disinvestment target for 2011-12 has been placed at Rs ........ crore. (A)

(A) 40000
(B) 80000
(D) 120000
(D) 160000

APPSC GROUP-II INDIAN ECONOMY PRACTICE QUESTIONS

1. The principles of taxation were propounded by—
(A) Edwin Canon
(B) Adam Smith
(C) 3. M. Keynes
(D) Dalton
Ans: (B)

2. Protection means—
(A) Restrictions imposed on import trade
(B) Protection to home goods
(C) No free exchange of good and services between two countries
(D) All of these
Ans: (D)

3. Reserve Bank of India—
(A) Provides direct finance to agriculture
(B) Provides finance to primary co-operative societies
(C) Provides finance to state co-operative banks
(D) Does not provide finance to agriculture
Ans: (C)

4. In which sector of the Indian economy is productivity the highest?
(A) Manufacturing
(B) Transport, communication and commerce
(C) Agriculture
(D) Other sectors
Ans: (A)

5. When the price Of a substitute of commodity X falls, the demand for X—
(A) Rises
(B) Falls
(C) Remains unchanged
(D) None of these
Ans: (B)

6. Which of the following is not a part of national income?
(A) Wages and Salaries
(B) Profits
(C) Rent
(D) Interest on national debt.
Ans: (D)

7. Fixed cost is known as—
(A) Special cost
(B) Direct cost
(C) Prime cost
(D) Overhead cost
Ans: (D)

8. If tea and coffee are substitutes, a reduction in the price of coffee will—
(A) Increase the sale of tea
(B) Decrease the sale of coffee
(C) Increase the sale of coffee
(D) Decrease the price of tea
Ans: (C)

9. According to Lord Keynes, interest rate is determined by the supply and demand for—
(A) Savings
(B) Loanable funds
(C) Money
(D) Capital goods
Ans: (C)

10. Which of the following is the indirect tax?
(A) Wealth Tax
(B) Capital gains Tax
(C) Excise duty
(D) Corporation Tax
Ans: (C)

11. If. the price of Pepsi decreases relative to the price of coke and 7-up, the demand for—
(A) Coke will decrease
(B) 7-up will decrease
(C) Coke and 7-up will increase
(D) Coke and 7-up will decrease
Ans. (D)

12. Who initiated open economy system in Indian economy?
(A) Pranab Mukherjee
(B) Dr. Manmohan Singh
(C) I. G. Patel
(D) Madhu Dandvate
Ans. (B)

13. Reserve Banks of India was established on—
(A) 1 January, 1934
(B) 1 April, 1934
(C) 1 January, 1935
(D) 1 April, 1935
Ans. (D)

14. The first Indian Bank in totality was—
(A) State Bank of India
(B) Presidency Bank of Calcutta
(C) Traders Bank
(D) Punjab National Bank
Ans. (D)

15. Basic difference between Reserve Bank and other banks is that it—
(A) Issues foreign exchange
(B) Acts as banker to the government
(C) Issues agricultural loans
(D) Finances sick industries
Ans. (B)

APPSC Assistant Executive Engineers Recruitment

Job Position:Asst Executive Engineers

Eligibility :BE/B.Tech, B.Sc

Last Date:19/5/2011

Job Details

Andhra Public Service Commission Hyderabad,inviting application for the post of Asst Executive Engineers.

Qualification:A Degree in BE Civil or Mechanical Engineering of a University established or incorporated by or under a Central Act, State Act or Provincial Act, or an Institution recognized by the University Grants Commission or B.Sc.(Engg.) Degree of Banaras Hindu University or a Pass in Section A & B of AMIE (India) Examination or an equivalent qualification.

No of Post:40

Age Limit:18-34 Years as on 1/7/2011

How to apply

Candidates have to submit applications only through online application will be available at website from 19/04/2011. Last date for payment of Fee at AP Online/SBI is 16/05/2011, Last date for submission of Application is 19/05/2011
Note: The Applicant should pay the prescribed Fee in any one of the A.P. Online centers / State Bank of India and obtain Fee paid challan with Journal Number in the first instance.

For more information: Click Here

APPSC Assistant Engineers Recruitment

Job Position:Assistant Engineer


Last Date:19/5/2011

Job Details

Andhra Pradesh Public Service Commission, recruiting applications for the post of Assistant Engineers.

Qualification : 1. A Degree in B.E. Civil or Mechanical of a University established or incorporated by or under a Central Act or a Provincial Act or Institution recognized by the UGC. OR 2. B.Sc (Engineering) degree of the Benares Hindu University; or 3. A pass in sections ‘A’ and ‘B’ of the AMIE (India) Civil Examination. 4. L.C.E. Diploma or any other equivalent Diploma of any recognized Institute; OR 5. LME., Diploma of any recognized Institute; OR 6. LSE, Diploma awarded by the State Board of Technical Education and Training.

No. of Vacancies:40

Age Limit:18-34 yrs as on 1/7/2011

Application Fee: The Applicant should pay the prescribed Fee in any one of the A.P. Online centers / State Bank of India and obtain Fee paid challan with Journal Number in the first instance.

How to apply: Candidates should Apply Online.

For more information: Click Here

1999 GROUP-2 INTERVIEW SCHEDULE

IPL - 4 SCHEDULE

APPSC ASSISTANT ENGINEERS & ASSISTANT CHEMICAL EXAMINER GENERAL STUDIES KEY

FOR APPSC ASSISTANT ENGINEERS & ASSISTANT CHEMICAL EXAMINER GENERAL STUDIES KEY (EXAM HELD ON 20-03-2011) CLICK HERE

SUCCESS MIRROR DECEMBER 2010

FOR SUCCESS MIRROR DECEMBER 2010 CLICK HERE

ICC Cricket World Cup 2015 Logo

International Cricket Council (ICC) unveils the logo of Cricket World Cup 2015 on April 2nd 2011. Cricket World Cup 2015 will be Host in Australia and New Zealand as a part of symbolic handover from the successful 2011 hosts to their counterparts four years hence, during the closing of 2011 World Cup in Wankhede Stadium in Mumbai.

The ICC received applications for the design from across the world before awarding it to the international agency, FutureBrand, whose Australian arm was invited to produce the logo for the ICC Cricket World Cup 2015. It in turn commissioned graphic consultancy, the Jumbana Group/Balarinji to create both Australian and New Zealand cultural motifs so as to reflect the two indigenous countries’ cultural identities.

The result has been what ICC Chief Executive Haroon Lorgat describes as “a dynamic logo which captures the cultural influences in the two host countries”.
He added: “The ICC, Cricket Australia and New Zealand Cricket have all worked together with the consultancies to produce this beautiful logo. On the back of a hugely successful ICC Cricket World Cup 2011, I am sure that it will gain recognition over the next four years as we use it in promotional, marketing and partner activations.”
Each element of the logo contributes to building the story of the ICC’s flagship event featuring the best players in the world competing for The Cup That Counts.

INDIA TAKES THE WORLD CUP

Twenty-eight years after Indian cricket changed forever on an English summer's day, the country's dream of enhancing its reputation as a major force in the world game found glorious realisation at the Wankhede Stadium in Mumbai.

Mahela Jayawardene lit up the World Cup final with a century (103 not out) of rare radiance, enabling Sri Lanka to score 274 for six in 50 overs. But Gautam Gambhir responded with an innings of 97 that was just as masterful. Captain M.S. Dhoni (91 not out) summoned his best under pressure and hit the winning runs — a six — to gift India and the great Sachin Tendulkar the World Cup.

India's mood had been grim when Lasith Malinga impaired it early. The Sri Lankan fast-bowler trapped Virender Sehwag ‘lbw' for a duck in the first over before having Sachin Tendulkar caught behind in the seventh. Tendulkar had looked in fine touch during his brief stay — the maestro's dismissal stunned the home crowd into silence while Sri Lanka's cricketers celebrated the big wicket that had left India at 31 for two.

Gambhir saw out the remainder of Malinga's first spell and took calculated risks against the other seamers to ensure that India kept pace with the asking rate. It was brave, intelligent batting under duress. Virat Kohli (35) applied himself to the task of rebuilding the innings, helping raise 83 for the third wicket before he fell to a brilliant one-handed return catch by Tillakaratne Dilshan.

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