1. The Indian Economy will grow as per the estimates given by the Asian Development Bank (ADB) at which of the following rates in 2008 ?
(A) 6.7%
(B) 7.5%
(C) 8.5%
(D) 8%
Ans (D)
2. Government has notified the hike in Foreign Direct Investment (FDI) limit for Public Sector Undertakings refineries. The new FDI limit is—
(A) 26%
(B) 49%
(C) 51%
(D) 75%
Ans: (B)
3. As per the report on State of Forest released on February 13, 2008, what is the percentage coverage of forest area in the total geographical area of the country ?
(A) 22.20%
(B) 21.30%
(C) 20.60%
(D) 19.90%
Ans: (C)
4. 13th Finance Commission has been constituted under the Chairmanship of—
(A) Y. S. P. Thorat
(B) Vijai L. Kelkar
(C) T. S. Vijayan
(D) Laxmi Narayan
Ans: (C)
5. SEBI is a—
(A) Statutory body
(B) Advisory body
(C) Constitutional body
(D) Non-statutory body
Ans: (A)
6. 15th SAARC Summit is scheduled to be held in July-August 2008. The changed venue of the summit is—
(A) New Delhi
(B) Sri Lanka
(C) Maldives
(D) Bangladesh
Ans: (B)
7. When was the SAARC established ?
(A) On December 8, 1984
(B) On January 1, 1984
(C) On December 8, 1985
(D) On January 1, 1985
Ans: (C)
8. What is the present number of member countries of European Economic Community ?
(A) 15
(B) 12
(C) 25
(D) 20
Ans: (B)
9. Which Committee recommended abolition of tax rebates under section 88 ?
(A) Chelliah Committee
(B) Kelkar Committee
(C) Shome Committee
(D) None of the above
Ans: (B)
10. Which of the following countries is not the members of European Union ?
(A) Switzerland
(B) Malta
(C) The Czeck Republic
(D) Poland
Ans: (A)
11. Pradhanmantri Bharat Jodo Pariyojna is related to—
(A) Communication
(B) Social Integration
(C) Linking of Rivers
(D) Development of Highways
Ans: (D)
12. ‘Sagarmala’ is a name associated with—
(A) A drilling vessel
(B) A project of port development
(C) Oil well in Indian Ocean
(D) None of the above
Ans: (B)
13. Tarapore Committee submitted its report on “Full Convertibility on Rupee” in—
(A) Current account
(B) Capital account
(C) Both in current as well as in capital account
(D) Special Drawing Rights (SDR)
Ans: (B)
14. The new President of FICCI (Federation of Indian Chambers of Commerce and Industry) is—
(A) K. C. Raina
(B) V. P. Shetty
(C) Rajiv Chandrashekhar
(D) Som Mittal
Ans: (C)
15. As per Revised Estimates for 2006-07 released by CSO, the growth rate for Indian economy has been estimated to be—
(A) 9.0%
(B) 9.2%
(C) 9.4%
(D) 9.6%
Ans: (D)
16. CENVAT is related to—
(A) Sales Tax
(B) Excise Duty
(C) Custom Duty
(D) Service Tax
Ans: (B)
17. Aam Admi Bima Yojana provides social security to—
(A) All labours in rural areas
(B) All landless labours living below poverty line in rural areas
(C) All labours in urban areas
(D) All labours in both rural as well as urban areas
Ans: (B)
18. According to 2001 census urbanrural population ratio is about—
(A) 35 : 65
(B) 32 : 68
(C) 28 : 72
(D) 25 : 75
Ans: (C)
19. As per the final estimates of Ministry of Agriculture, the rice production for 2006-07 is estimated at—
(A) 80.11 MT
(B) 90.0 MT
(C) 93.4 MT
(D) 101.60 MT
Ans: (C)
20. According to 2001 census the state having highest urban population is—
(A) U.P.
(B) Maharashtra
(C) Tamil Nadu
(D) Kerala
Ans: (B)
21. The growth rate of construction sector for the year 2006-07 has been estimated at the level—
(A) 9.2%
(B) 8.5%
(C) 11.0%
(D) 12.0%
Ans: (D)
22. International Finance Corporation (IFC) has decided to fund an Ultra Mega Power Project in Gujarat. This project belongs to—
(A) Reliance Group
(B) Tata Group
(C) Birla Group
(D) NTPC
Ans: (B)
23. Which states ranks first and last respectively in Education Development Index (EDI) prepared to track the progress of states towards providing universal elementary education ?
(A) Kerala and Orissa respectively
(B) Kerala and Bihar repectively
(C) Andhra Pradesh and Orissa respectively
(D) Karnataka and Bihar respectively
Ans: (B)
24. Targeted power capacity addition for 11th plan period is—
(A) 41110 MW
(B) 66463 MW
(C) 68963 MW
(D) 86283 MW
Ans: (B)
25. During 2006-07 which sector has shown the highest growth rate ?
(A) Service Sector
(B) Manufacturing Sector
(C) Transport and communication
(D) Agriculture Sector
Ans: (C)
(A) 6.7%
(B) 7.5%
(C) 8.5%
(D) 8%
Ans (D)
2. Government has notified the hike in Foreign Direct Investment (FDI) limit for Public Sector Undertakings refineries. The new FDI limit is—
(A) 26%
(B) 49%
(C) 51%
(D) 75%
Ans: (B)
3. As per the report on State of Forest released on February 13, 2008, what is the percentage coverage of forest area in the total geographical area of the country ?
(A) 22.20%
(B) 21.30%
(C) 20.60%
(D) 19.90%
Ans: (C)
4. 13th Finance Commission has been constituted under the Chairmanship of—
(A) Y. S. P. Thorat
(B) Vijai L. Kelkar
(C) T. S. Vijayan
(D) Laxmi Narayan
Ans: (C)
5. SEBI is a—
(A) Statutory body
(B) Advisory body
(C) Constitutional body
(D) Non-statutory body
Ans: (A)
6. 15th SAARC Summit is scheduled to be held in July-August 2008. The changed venue of the summit is—
(A) New Delhi
(B) Sri Lanka
(C) Maldives
(D) Bangladesh
Ans: (B)
7. When was the SAARC established ?
(A) On December 8, 1984
(B) On January 1, 1984
(C) On December 8, 1985
(D) On January 1, 1985
Ans: (C)
8. What is the present number of member countries of European Economic Community ?
(A) 15
(B) 12
(C) 25
(D) 20
Ans: (B)
9. Which Committee recommended abolition of tax rebates under section 88 ?
(A) Chelliah Committee
(B) Kelkar Committee
(C) Shome Committee
(D) None of the above
Ans: (B)
10. Which of the following countries is not the members of European Union ?
(A) Switzerland
(B) Malta
(C) The Czeck Republic
(D) Poland
Ans: (A)
11. Pradhanmantri Bharat Jodo Pariyojna is related to—
(A) Communication
(B) Social Integration
(C) Linking of Rivers
(D) Development of Highways
Ans: (D)
12. ‘Sagarmala’ is a name associated with—
(A) A drilling vessel
(B) A project of port development
(C) Oil well in Indian Ocean
(D) None of the above
Ans: (B)
13. Tarapore Committee submitted its report on “Full Convertibility on Rupee” in—
(A) Current account
(B) Capital account
(C) Both in current as well as in capital account
(D) Special Drawing Rights (SDR)
Ans: (B)
14. The new President of FICCI (Federation of Indian Chambers of Commerce and Industry) is—
(A) K. C. Raina
(B) V. P. Shetty
(C) Rajiv Chandrashekhar
(D) Som Mittal
Ans: (C)
15. As per Revised Estimates for 2006-07 released by CSO, the growth rate for Indian economy has been estimated to be—
(A) 9.0%
(B) 9.2%
(C) 9.4%
(D) 9.6%
Ans: (D)
16. CENVAT is related to—
(A) Sales Tax
(B) Excise Duty
(C) Custom Duty
(D) Service Tax
Ans: (B)
17. Aam Admi Bima Yojana provides social security to—
(A) All labours in rural areas
(B) All landless labours living below poverty line in rural areas
(C) All labours in urban areas
(D) All labours in both rural as well as urban areas
Ans: (B)
18. According to 2001 census urbanrural population ratio is about—
(A) 35 : 65
(B) 32 : 68
(C) 28 : 72
(D) 25 : 75
Ans: (C)
19. As per the final estimates of Ministry of Agriculture, the rice production for 2006-07 is estimated at—
(A) 80.11 MT
(B) 90.0 MT
(C) 93.4 MT
(D) 101.60 MT
Ans: (C)
20. According to 2001 census the state having highest urban population is—
(A) U.P.
(B) Maharashtra
(C) Tamil Nadu
(D) Kerala
Ans: (B)
21. The growth rate of construction sector for the year 2006-07 has been estimated at the level—
(A) 9.2%
(B) 8.5%
(C) 11.0%
(D) 12.0%
Ans: (D)
22. International Finance Corporation (IFC) has decided to fund an Ultra Mega Power Project in Gujarat. This project belongs to—
(A) Reliance Group
(B) Tata Group
(C) Birla Group
(D) NTPC
Ans: (B)
23. Which states ranks first and last respectively in Education Development Index (EDI) prepared to track the progress of states towards providing universal elementary education ?
(A) Kerala and Orissa respectively
(B) Kerala and Bihar repectively
(C) Andhra Pradesh and Orissa respectively
(D) Karnataka and Bihar respectively
Ans: (B)
24. Targeted power capacity addition for 11th plan period is—
(A) 41110 MW
(B) 66463 MW
(C) 68963 MW
(D) 86283 MW
Ans: (B)
25. During 2006-07 which sector has shown the highest growth rate ?
(A) Service Sector
(B) Manufacturing Sector
(C) Transport and communication
(D) Agriculture Sector
Ans: (C)
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