Highlights of Economic Survey 2010-11

The Economic Survey of India 2010-11 was tabled by the Union Finance Minister of India Pranab Mukherjee on 25 February 2011.

Here are the some of the highlights of Economic survey:

·        The Survey predicted the 9% growth for Indian economy in the next fiscal and estimated 8.6 percent growth in this financial year.

·        As per the survey, the inflation stood at 8.23 per cent in January 2011.

·        The economic Survey of India stated that the trade gap has narrowed to over 82 billion US dollars in the first nine months of the current fiscal and gross fiscal deficit is at 4.8 per cent which is 1.5 percent less than last fiscal(6.3%).

·        The Survey stated that the spending in social sector programmes increased by five percent of the GDP over past five years.

·        The Survey pointed out that Forex reserves of India are estimated to be over 297 billion US dollars. This is mainly due to growth in export sector.

·        Agriculture likely to grow at 5.4% in 2010-11.(For complete details Click here)

·        Industrial output grows by 8.6% ; manufacturing sector registers 9.1%.

·        Exports in April-December 2010 up by 29.5 %.

Quiz on Current Affairs - 2011

1.      Which state government has renamed the Brookside Bungalow to Rabindranath Art Gallery?

a)Mizoram     b)Assam   c)Meghalaya     d)Uttaranchal    e)none

2.      Who wrote the book “India - Pakistan: Coming To Terms”?

a)Ajit Pawar     b)Ashutosh Misra     c)K R Narayana    d)Shashi Tharoor    e)none

3.      Who has been elected as President of Karnataka State Cricket Association(KSCA)?

a)Rahul Dravid      b)Vijay Mallya    c)Javagal Srinath     d)Venkates Prasad    e)Anil Kumble  

4.      Which animal has been declared as National Heritage Animal by GOI - Elephant.

5.      Which of the following nation is the recent one to join Non Aligned Movement(NAM)?

a)Fiji    b)Cuba     c)Iran    d)Colombia   e)Egypt

6.      DIPP is the nodal agency in the field of foreign investments? what is the full form of DIPP - Department Of Industrial Policy and Promotion.

7.      RBI was considering the proposal to set up satellite banks and ATMs to provide banking facilities to the villagers in which state?

a)Bihar    b)Jharkhand     c)Uttar Pradesh     d)Assam   e)none

8.      National Voters Day is observed on _________?

a)Jan 6th     b)April 1^st     c)May 25^st     d)Jan 25^th     e)Oct 6^th

9.      Which country has opened World’s first nuclear bank - Russia?

10. Minimum Support Prices(MSP) is increased based on the recommendation of ?

a)Ministry of Finance     b)Ministry of Agriculture    c)Agriculture Cost and Price Commission    d)both a & c     e)Cabinet Committee of Economic Affairs

Latest General Awareness - 2011

1.      Who is the Time’s Magazine Person of the year 2010?

a)Sachin Tendulkar     b)A R Rehman    c)Manmohan Singh    d)Ratan Tata   e)Mark Zuckerberg

2.      What is the mascot of 16^th Asian Games?

a)Shera     b)Le Yangyang    c)Kutumb    d)Orry    e)none

3.      Excise Duty is a tax levied on ____?

a)Sale of goods

b)import of goods

c)export of goods

d)both b & c

e)production of goods

4.      What is the present FDI limit in Telecom sector?

a)26%    b)49%    c)51%    d)74%    e)none

5.      ‘Sacred Games’ is a novel written by ________?

a)Vikram Chandra     b)Arundathi Roy    c)Vikram Seth     d)Manglaya Swinkar    e)none

6.      Who is the new Chairman of SEBI?

a)C.B.Bhave    b)Anand Sinha    c)U K Sinha    d)O P Bhatt    e)none

7.      Susilo Bambang Yudhoyono is the chief guest of India’s 62^nd Republic day. He is __________?

a)President of Malaysia

b)Prime Minister of Indonesia

c)President of Yugoslavia

d)President of Indonesia

e)none

8.      At Present, the number of National Political Parties in India?

a)4     b)5    c)6    d)7   e)none

9.      Makhaya Ntini who has announced his retirement from International Cricket, belongs to which country?

a)West Indies     b)England     c)South Africa    d)New Zealand    e)none

10. Which is the most corrupt country according to the ranking of global corruption index, a Transparency International report?

a)India      b)Pakistan    c)Iraq    d)Somalia    e)none