General Awareness Quiz 2010 - 67

1.      Which among the following committee was appointed by the Supreme court of India to study PDS reforms?

a)E.N Rammohan Committee    b)R N Malhohtra Committee   c)C Rangarajan Committee    d)Wadhwa Committee    e)none

2.      What is the name of India’s third indigenous destroyer which was launched on April 2010?

a)INS Shivalik     b)INS Chennai     c)INS Kochi     d)INS Vikramaditya   e)none

3.      What is the India’s rank in the Global Hunger Index with a hunger rate of 23.9 out of 88 countries?

a)38^th     b)44^th    c)56^th    d)65^th    e)none

4.      The government has started implementing liberal FDI rules under which proposals up to Rs 1,200 crore foreign equity would be cleared by the Finance Minister without seeking approval of the ________________?

a)Cabinet Committee on Economic Affairs(CCEA)

b)Department of Industry Policy and Promotion (DIPP)

c)Foreign Investment Promotion Board (FIPB)

d)Prime Minister

e)none

5.      Which country tested the13.8-tonne AC313 heavy lift helicopter that can carry 27 passengers?

a)US    b)France     c)Italy    d)China   e)none

6.      Recently which of the following countries unveiled New Economic Model (NEM) that will transform the nation into a high-income economy?

a)Malaysia    b)India     c)China    d)Brazil    e)none

7.      India has signed a $59.1-million agreement with ___________ for the second tranche of the Himachal Pradesh Clean Energy Development Investment Programme?

a)IMF     b)World Bank    c)ADB   d)NABARD    e)none

8.      Census of India is administered under __________?

a)Ministry of health and family welfare

b)Ministry of social justice and empowerment

c)Ministry of Finance

d)Ministry of Home Affairs

e)none

9.      Who is the head of a high-level committee set up by the Planning Commission to suggest measures for effective management of public expenditure?

a)Nitin Desai    b)M G Rao   c)C Rangarajan     d)R Malhotra   e)none

10. Recently Central Government said that two Indian private sector banks are treated as foreign banks because of the foreign equity of both the banks are around 74 per cent. What are the two banks we are discussing?

a)ICICI, HDFC    b)HDFC, Axis Bank     c)ICICI, Federal Bank   d)Yes Bank, ICICI   e)none

11. Which of the following state celebrated the Golden Jubilee celebrations recently?

a)Kerala     b)Uttar Pradesh    c)Gujarat    d)Rajasthan   e)none

12. Which of the following is India’s first indigenously-built stealth warship?

a)INS Sahyadri    b)INS Shivalik    c)INS Satpura   d)INS Vikramaditya   e)none

13. Who has been declared as the World Statesman Award for the year 2010?

a)Manmohan Singh    b)Angela Merkel    c)Mohamed Nasheed     d)Gordon Brown   e)Barack Obama

14. The Nuclear Security Summit 2010 held at ____________?

a)Paris    b)New York     c)Moscow   d)Brasilia    e)Washington

15. As per the Economist Intelligence Unit's e-readiness ranking for the year 2009, India ranked ______ among the countries of the world?

a)3^rd      b)22^nd     c)36^th    d)58^th   e)none

16. For which of the following schemes in India has got an appraisal from Labour and Employment ministers of G-20 countries?

a)Rashtriya Swasthya Bima Yojana (RSBY), Aam Admi Bima Yojna (AABY)

b)Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY), Mahatma Gandhi National Rural Employment Guarantee Act(MGNREGA)

c) Swarna Jayanti Gram Swarozgar Yojana (SGSY), Jawaharlal Nehru National Urban Renewal Mission(JNNUM)

d)Mahatma Gandhi National Rural Employment Guarantee Act(MGNREGA), Rashtriya Swasthya Bima Yojana (RSBY)

e)none

17. India is planning to invest $1 trillion in ____________ sector during the 12th Five-Year Plan?

a)Infrastructure      b)Education    c)Science & Technology    d)Defense    e)none

18. Which of the following city has bagged the 'Best Metro in Asia Pacific' award, instituted by London-based event management firm Terrapinn?

a)Tokyo     b)Delhi    c)Singapore    d)Beijing    e)none

19. A/c to the experts, after financial crisis, a __________ crisis is likely to affect the world?

a)Liquidity crisis     b)Technological crisis     c)Energy Crisis   d)Currency Crisis   e)none

20. In which of the following countries India has opened its 23^rd cultural relations centre named “Indira Gandhi Cultural Centre”?

a)Nepal     b)Bangladesh     c)Srilanka    d)Afghanistan   e)none

FDI in India 2009

Foreign Direct Investment:

Foreign Direct Investment occurs with the purchase of the “physical assets or a significant amount of ownership (stock) of a company in another country in order to gain a measure of management control” (Or) A foreign company having a stake in other Country’s Company.

Advantages of FDI in India:

The Indian government made several reforms in the economic policy of the country in the early 1990s. This helped in the liberalization and deregulation of the Indian economy and also opened the country's markets to foreign direct investment. 

As a result of this, huge amounts of foreign direct investment came into India through non- resident Indians, international companies, and various other foreign investors. The growth of FDI in India boosted the economic growth of the country.

Major advantages of FDI in India have been in terms of -

§   Increased capital flow.

§   Improved technology.

§   Management expertise.

§   Access to international markets.

Here is the limit of FDI inflows in various sectors in India:

1.         Defence: 26%.

2.         Insurance: 49%.

3.         PSU: 49%

4.         Single brand Retail: 51%.

5.         Telecom: 74%.

6.         Private Banking: 74%.

7.         Civil Aviation: 74%.

8.         Power: 100%.

9.         Education: 100%.

10.     Hospitals: 100%

11.     Trading Companies: 100%.

12.     Housing & Real Estate: 100%.

13.     Drugs & Pharmaceuticals: 100%.

14.     Roads, Highways, Ports & Harbors: 100%.

15.     Pollution Control: 100%.

16.     Call Centers & BPOs: 100%.

17.     Small scale industries: 100%.

18.     Oil Exploration: 100%.

19.     Hotel & Tourism: 100%.

According to UNCTAD's World Investment Report 2009, India is among the world's 15 largest FDI recipient in 2008.

According to UNCTAD's World Investment Prospects Survey 2009-11, India has slipped by one notch to third position as the most preferred foreign direct investment (FDI) country. However, "These two largest emerging economies (China and India) ranked numbers one and three, respectively, as the most preferred FDI locations.

United States of America tops the list of FDI inflows in the world followed by United Kingdom.

Quiz on Economy,Business & Finance - 36

1. The Organization for Economic Co-operation and Development(OECD) projected India’s growth rate of ____ in 2010 in its latest report?

a)6.5%    b)6.7%    c)7%    d)7.2%    e)none of these

2. Which Country has overtaken US in the most competitive economies in the world compiled by World Economic Forum?

a)Switzerland    b)China    c)Australia   d)Finland   e)Germany

3. Which Bank(PSU) has been awarded in NDTV Profit Business Leadership award 2009 in Banking Category?

a)SBI    b)Canara Bank    c)Bank of Maharashtra     d)Corporation Bank    e)Bank of India

4. Which of the following does not come under India’s six core sectors?

a)Petroleum Refinery Products   b)Agriculture    c)Crude Oil   d)Steel   e)Cement

5. With which auto company SBI has signed a memorandum of understanding for providing retail financing to customers?

a)Hyundai   b)Tata motors    c)Ford    d)Honda Seil   e)Maruthi Suzuki

6. India targets $50-billion Foreign Direct Investment (FDI) by  ________?

a)2012    b)2013    c)2014   d)2015   e)2017

7. Recently Government has cleared the 17 FDI proposals worth Rs __________?

a)990 crores    b)1015 crores     c)1323  crores    d)1158 crores   e)4551 crore

8. With which Country India had signed a memorandum of understanding for establishing a joint study group (JSG) to examine the feasibility of a comprehensive economic partnership agreement (CEPA) between the two countries?

a)Italy    b)Argentina    c)Bahrain    d)Canada   e)Russia

9. How many Special Economic Zones(SEZ) are Operating in India?

a)89    b)56    c)101    d)121   e)none of these

10. According to Planning Commission, India Economy will grow by ___ in next Fiscal Year?

a)7.1%    b)8%    c)6.9%    d)7.9%   e)7.5%

11. India signed a five year agreement to jointly fight Climate Change and negotiate International Climate Deals?

a)China    b)Maldives    c)Japan    d)US    e)Denmark

12. Which Country will Chair the Inter-governmental Group of 24 (G-24) nations in 2009-2010?

a)Syria    b)South Africa    c)India   d)Brazil   e)none

13. Recently which Bank has celebrated its 104^th foundation Day?

a)Indian Bank   b)Canara Bank     c)Corporation Bank    d)Bank of India    e)SBI

14. What is the share of Sponsored bank for Regional Rural Banks(RRB’s)  in India?

a)15%    b)35%     c)49%    d)50%   e)51%

15. How many Regional Rural Banks are there in India at present?

a)145   b)196    c)206   d)96   e)133

16. Which of the following Banks in India Maintaining the highest Capital Adequacy Ratio(CAR)?

a)ICICI   b)Kotak Mahindra   c)SBI   d)Central Bank of India   e)Federal Bank

17. Abu Dhabi provided _______ billion to state owned Dubai World that recently faced Debt Crisis?

a)$1.5   b)$5    c)$8   d)$10   e)$7.5

18. India Post entered into a tie-up with ___________ Life Insurance Company to expand its services portfolio to the customers?

a)ICICI Prudential    b)SBI    c)New India Assurance    d)LIC    e)none of these

19. What would be the ‘S’ in Damascus S                Exchange(DSE)?

a)Stock    b)Saving    c)Special   d)Securities   e)none of these

20. Which of the following banks have issued the world’s first 150-Dollar banknote?

a)HSBC   b)Deutsche Bank    c)Citi Bank   d)Bank of America   e)none of these

Note:

3^rd Q:

Axis Bank in Private Sector.

7th Q:

In Nov. Govt cleared 17 FDI proposals worth 1558 crore.

In Dec. Govt cleared 17 FDI proposals worth 4551 crore.

14th Q:

Share for RRB - 1)Central Government : 50%   2)Sponsored Bank - 35%   3)State Govt - 15%

Answer for 20th Q is : Standard Chartered.