1.Which of the following is not a major highlight of the Union Budget 2008-09 ?
1. A target of Rs. 2•80 lakhs crore is fixed for providing credit to agriculture sector.
2. Limit of the Banking Cash Transaction Tax is raised from present 1% to 1•5%.
3. PAN requirement is not mandatory for financial transactions. Other Ids are also acceptable.
(A) Only 1(B) Only 2(C) Only 3(D) Both 2 and 3(E) All 1, 2 and 3
2. As per the news in major financial newspapers a ‘Rashtriya Swasthya Bima Yojana’ is launched in Delhi and Haryana States for members of unorganized sectors. Under the scheme each family is likely to get the benefit of Rs.………
(A) 15,000(B) 20,000(C) 25,000(D) 30,000(E) 50,000
3. As proposed in the Union Budget 2008-09 a ‘Risk Capital Fund’ is set up by the Govt. of India. Who amongst the following will maintain and operate that fund ?
(A) NABARD(B) SIDBI(C) ECGC(D) RBI(E) None of these
4. As per the Economic Survey 2007-08 presented in the Lok Sabha in February 2008, what has been the percentage growth in Bank credit ? About—(A) 10%(B) 15%(C) 18%(D) 21%(E) 26%8. As per the budget of the Indian Railways for 2008-09 the operating ratio of the railways has—
(A) Improved only by 0•5%(B) Decreased by 0•5%(C) Remained at the same level on which it was in 2007-08(D) Reached at the level of 81%(E) Reduced to the level of 63% which was the level of 2000-01
5. The government of India has launched a new scheme for the ‘Girl Child’. What is the name of the scheme ?
(A) Raj Lakshmi(B) Rani Bitia(C) Dhan Lakshmi(D) Aanandita(E) None of these
6. The President of India recently signed the much-awaited notification for the implementation of the suggestions made by the ‘Delimitation Commission’.What will be the effect of this notification ?
(A) Parliamentary and Assembly constituencies will be redefined(B) Candidates from SC/ST categories will get all benefits for another 15 years’ time(C) The boundaries of the National Capital, New Delhi will be extended further(D) Operations of the Cooperative Banks and Societies will not be limited to the state of their origin. They will also be like Public Sector Banks(E) None of these
7. As per the new policy the number of Judges in the Supreme Court would be now—
(A) 21(B) 25(C) 26(D) 30(E) 31
8. As per the reports published in the newspapers the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India ?1. CARE2. CRISIL3. ULIP(A) Only 1(B) Only 2(C) 1 and 2 only(D) Only 3(E) All 1, 2 and 3
9. As per the newspaper reports the RBI is planning to introduce ‘Plastic Currency Notes’. What is/are the benefits of ‘Plastic Notes’ ?
1. Their Shelf life will be longer.2. It will replace plastic money or credit, debit cards which are giving birth to many fraudulent practices.3. Printing will be cheaper.
(A) Only 3(B) Only 2(C) Only 1(D) All 1, 2 and 3(E) None of these
10. Who amongst the following was the Captain of the Indian cricket team which registered its victory in tri-series ODI matches against Australia played in March 2008 ?
(A) M.S. Dhoni(B) Anil Kumble(C) Rahul Dravid(D) Saurav Ganguly(E) Sachin Tendulkar
11. Mr. Nicolas Sarkozy who was the chief guest during the Republic Day Function 2008 is the—
(A) President of Brazil(B) Prime Minister of Brazil(C) President of France(D) Prime Minister of France(E) Foreign Secretary of USA
12. Who amongst the following has taken over as the President of Serbia after the General elections held there in February 2008 ?
A) Boris Tadic(B) Tomislav Nicolic(C) Samak Sundaravej(D) Novak Djokovic(E) None of these
13.Indra K. Nooyi who was elected as the Chairperson of the US-India Business Council is the CEO of which of the following Companies ?
(A) Pepsi Co.(B) Infosys(C) Tata Consultancy Services(D) NIIT(E) None of these
14. Maria Sharapova won the Australian Open 2008 Women’s singles by defeating—
(A) Shahar Peer(B) Kateryna Bondarenko(C) Sania Mirza(D) Victoria Azarenka(E) Ana Ivanovic
15. Saina Nehwal won the Seniors’ Championship match of which of the following games held in Goa in January 2008 ?
(A) Golf(B) Tennis(C) Table tennis(D) Archery(E) Badminton
16. As per the news published in some newspapers magazines two PSUs National Thermal Power Corporation and Coal India Ltd. are going to float a joint venture ‘SPV’. What is the full form of ‘SPV’ ?
(A) Small Power Venture(B) Special Purpose Vehicle(C) Special Power Venture(D) Small Purpose Vehicle(E) None of these
17. The Telecom Regulatory Authority of India (TRAI) recently agreed to allow foreign direct investment in the field of mobile television services. Upto what extent FDI is allowed in this field ?
(A) 50%(B) 60%(C) 64%(D) 70%(E) 74%
18. As per the performance assessment data released by the Economic Advisory Council (EAC) in January 2008. Which of the following sectors registered a growth of 3•6 per cent ?
(A) Agriculture Sector(B) Banking Sector(C) Tourism Sector(D) Aviation Services Sector(E) None of these29. Which of the following is the name of very violent and serious types of winds which bring lot of disaster ?(A) Trade winds(B) Hurricane(C) Cirrus(D) Stratus(E) None of these
19. The Global Employment Trends Report 2008 published by the International Labour Organization has indicated that there may be increase in global unemployment. What according to them is/are the major reasons of this possibility ?
1. Turmoil in Credit Markets all over the world.2. Rise in oil prices in international market.3. Civil unrest in some under and undeveloped nations.
(A) Only 1(B) Only 2(C) Only 3(D) Only 1 and 2(E) None of these
20. The Technology Mission on Cotton was launched during Xth plan. The scheme was designed to get increase in production of cotton by which of the following levels by the end of the plan ?
(A) 100 lakh bales(B) 150 lakh bales(C) 175 lakh bales(D) 200 lakh bales(E) None of these
21. A National Development Fund was created by the Government of India a few years ago. What was the purpose of the fund ?
1. Boost investment in social sector projects to promote education, healthcare andemployment.2. Capital investments in selected profitable PSEs to yield adequate returns.3. To fund revision in pay structure of Central Government employees.
(A) Only 1(B) Only 2(C) Only 3(D) Both 1 and 2(E) None of these38. Olympic 2008 are scheduled to be held in—(A) Paris(B) Tokyo(C) London(D) Moscow(E) None of these
22. The general elections took place in which of the following countries in March 2008 ?
(A) Iran(B) Iraq(C) Afghanistan(D) Myanmar(E) Sri Lanka
23. Who amongst the following is the author of the book ‘Economic Nightmare of India’ ?
(A) Morarji Desai(B) K. Rajeshwar Rao(C) Charan Singh(D) Jyoti Basu(E) None of these
24. As per the targets for 11th plan educated unemployment is to be reduced to which of the following levels ?
(A) 5%(B) 6%(C) 7%(D) 8%(E) 9%
25. ‘Long Walk’ to Freedom’ is a book written by—
(A) Sonia Gandhi(B) L. K. Advani(C) Nelson Mandela(D) Benazir Bhutto(E) Nawaz Sheriff
25. India recently signed a pact with which of the following countries on solving the problems of Indian labour in that country ?
(A) Iran(B) UAE(C) Malaysia(D) Kuwait(E) None of these
26. Which of the following countries is trying to launch a Satellite to study the sun ?
(A) USA(B) India(C) Russia(D) China(E) None of these
27. Jang Hyun Jong who was adjudged as the ‘Asian Hockey Player of the year’ is from—
(A) China(B) Singapore(C) South Korea(D) India(E) None of these
28. Who amongst the following is the winner of Padma Vibhushan Awards given away recently ?
(A) Rahul Gandhi(B) Priya Dutt(C) Vinod Dua(D) Ratan Tata(E) None of these
29. Which of the following films was adjudged ‘Best Film’ in 14th Star Screen Awards given away in January 2008 ?
(A) Om Shanti Om(B) Guru(C) Taare Zameen Par(D) Jab We Met(E) Chak De India
30. A meeting of the European Leaders was held in January 2008 at which of the following places to discuss ‘Global Economic Turmoil’ ?
(A) London(B) New Delhi(C) New York(D) Tokyo(E) Milan
31. Castro Sibling is the new President of—
(A) Romania(B) Cuba(C) Israel(D) Venezuela(E) None of these
32. Kosovo declared itself independent from which of the following countries ?
(A) Ukraine(B) Croatia(C) Serbia(D) Russia(E) None of these
