Quiz on Union Budget 2010-11 and Economic Survey 2009-10

1.      How many crores are allocated for National Ganga River Basin Authority (NGRBA) in the Union Budget 2010-11?

a)100 crore    b)250 crore    c)500 crore    d)1000 crore    e)2000 crore

2.      Which of the following is true regarding Income tax slabs in the Union Budget 2010-11?

a)No Income tax up to Rs. 1.8 lakh

b)10% for income above Rs. 1.8 lakh and up to Rs. 6 lakh

c) 20% for income above Rs. 6 lakh and up to Rs. 8 lakh

d)30% for income above Rs. 8 lakh.

e)All are true

3.      How many crores are allocated for Mahatma Gandhi National Rural Employment Guarantee Scheme in the Union budget 2010-11?

a)37,100 cr    b)40,100 cr    c)48,000 cr    d)32,000 cr    e)None of these

4.      The Minimum Alternate Tax(MAT) has been changed to ____ from 15% on book profits of Companies?

a)16%    b)12%    c)18%    d)14%    e)remain unchanged.

5.      In the Union Budget 2010-11, Rs. 16,500 crore are allocated for Public Sector Banks(PSB) in order to attain a minimum of ____ percent Tier-1 capital by March 31^st, 2011?

a)8%    b)6%     c) 11%     d)5%    e)10%

6.      How much amount is allocated for Mahila Kisan Sashatikaran pariyojajana to meet needs of women farmers in the Union Budget 2010-11?

a)50 crores     b)75 crore    c)100 crore   d)125 crore    e)200 crore

7.      What is the target set for agriculture credit flow for the year 2010-11?

a)3 lakh crore    b)3.25 lakh crore  c)3.5 lakh crore   d)3.75 lakh crore   e)none

8.      What is the proposed Fiscal Deficit for the year 2010-11?

a)4.8%    b)7.8%    c)5%    d)6.9%    e)5.5%

9.      To which of the following schemes there is a 700% increase in the Union Budget 2010-11 over the previous budget?

a)Rajiv Awas Yojana     b)Indira Awas Yojana    c)Pradhan Mantri Gram Adarsh Gram Yojana    d)National Social Assistance Programme   e)National Rural Health Mission

10. What is the Total amount used in the Union Budget 2010-11?

a)12akh crore    b)9 lakh crore    c)10 lakh crore    d)11 lakh crore   e)none

11. How many crores are allocated to the Unique Identification Authority of India (UIDAI) for 2010-11?

a)120 crore    b)500 crore    c)1,600 crore    d)1,000 crore    e)none of these

12. What is the expected GDP growth in the fiscal year 2009-10?

a)7.7%     b)6.9%    c)7.9%    d)7.5%    e)7.2%

13. Which of the following is true in the Union Budget 2010-11?

a) Government will raise Rs35,000 crore from divestment of its stake in state-owned firms.

b) Rs200 crore provided for climate-resilient agriculture initiative.

c) Rs1,73,552 crore provided for infrastructure development.

d) Rs500 crore allocated for solar and hydro projects for the Ladakh region in Jammu & Kashmir.

e)All are true

14. In the Union Budget 2010-11, Rs. 1,47, 344 crore are allocated for which of the following?

a)Rural Development     b)Defence    c)Infrastructure    d)Social Service   e)Energy

15. Government to give ______ for each National Pension Scheme account opened by workers in the unorganized sector?

a)Rs. 400    b)Rs. 500    c)Rs.800    d)Rs. 1000   e)Rs. 1500

16. Which of the following is not true in the Union Budget 2010-11?

a)Rs.2,600 crore allocated for ministry of minorities affair.

b) Banking facilities to be provided to all habitations with a population of 2,000 and more.

c) Central excise duty on all non-petroleum products raised to 10% from 8%.

d) Gross tax receipts pegged at Rs7,46,656 crore for 2010-11, non-tax revenues at Rs1,48,118 crore.

e)100%  percent hike in allocation for schemes for women and child development.

17. A/c to the Economic Survey 2009-10, India is the ____largest Gold holding nation at 557 tonnes in the World?

a)3^rd     b)8^th     c)5^th    d)10^th    e)11^th

18. A/c to the Economic Survey, India is placed at which place in Wireless Network mobile users in the World?

a)first    b)second     c)Third    d)fourth    e)fifth

19. As per the Economic Survey 2009-10, India is ranked fourth in the World in terms of foreign exchange reserves at $283. Billion. Which country having the world’s largest foreign exchange reserves?

a)China    b)US    c)Japan    d)Russia    e)none of these

20. Which of the following is true regarding Economic Survey 2009-10?

a)Gradual roll back of stimulus steps unveiled in the wake of the global financial meltdown.

b) 4.34 crore households have been provided employment under the National Rural Employment Guarantee Scheme (NREGS) in the fiscal year 2009-10.

c) Infant mortality rate (IMR) is expected to fall below 30 in every 1,000 live births by 2012

d) The Indian pharmaceutical industry has become the third largest in world in terms of volume.

e)All are true

Note: 

2 Q: For correct tax slabs visit this link.

11 Q: 1900 crores

16 Q: Only 50% hike.

Quiz on General Awareness 22

1. What is India’s Position in ‘Global Gender Gap Index 2009 ‘released by World Economic Forum (WEF)?

a)134    b)98   c)143    d)86   e)114

2. Former Test and ODI Umpire David Shepherd had passed away, he belongs to which country ?

a)Australia   b)New Zealand    c)England   d)West Indies   e)South Africa

3. The Seventh Asia Cup Hockey Championship for women will be held at ___________?

a)India   b)Malaysia   c)South Korea   d)Thailand    e)China


4. Who has been appointed as the Deputy Governor of RBI recently?

a) Rakesh Mohan   b)K C Chakrabarty    c)Subir Gokarn   d)Shyamala Gopinath  e)none

5. National Rural Employment Guarantee Act(NREGA) or MGREGA is a job guarantee Scheme launched in which of the following the years ?

a)2004   b)2005   d)2003  d)2006   e)2002

6. In the Second quarter of Monetary Policy 2009-10, RBI has increased the Statutory Liquid Ratio (SLR) to _______ ?

a)5%   b)4.75%   c)24%   d)6%   e)none

7. Chagan Bhujbal has been appointed as Deputy Chief Minister of which of the following state?

a)Arunachal Pradesh   b)Haryana    c)Maharashtra   d)Punjab   e)Jharkhand

8. Who amongst the following is the author of the book “Development As Freedom” ?

a)C. Rangarajan    b)Y.V.Reddy    c)D.Subbarao    d)Amartya Sen   e)Aung San Suu Kyi

9. Chandrayan-2 is designed in the joint association of India and __________ ?

a)US   b)Russia    c)France    d)UK   e)Japan

10. With Which Country India signs an agreement on sea food export ?

a)Srilanka    b)Japan   c)Russia   d)Bangladesh   e)Pakistan

11.”Stride-2009” is a military Exercise of which of the following countries?

a)China   b)India    c)Russia   d)France   e)US

12. Microsoft and Yahoo signed an agreement of how many years to compete against Search engine giant Google?

a)3 years   b)5 years    c)8 years   d)10 years   e)15 years

13. Who won the SCOPE award?

a)Barack Obama    b)Deep Joshi     c)D N Dwivedi    d)Bindeshwar Pathak   e)S.S.Roongta

14. Kim Jhong-II is associated to which of the following countries?

a)Israel   b)South Korea   c)Japan   d)North Korea   e)Malyasia

15. Where is the first airport located in Asia to achieve a ‘LEED Silver Certification’ award?

a)Hyderabad   b)Delhi   c)Beijing   d)Tokyo   e)Singapore

16. With which country India is planning to build the under-the-sea pipeline?

a)Russia   b)China    c)Iran   d)Oman   e)US

17. Srilanka purchased the development equipment worth Srilanka Rs 2,049 million for the Northern Province ?

a)India    b)Russia    c)China   d)France   e)US

18. Expand FPO?

a)First public offer

b)Final public offer

c)Floating public offer

d)Fixed public offer

e)Follow-on public offer

19. Commonwealth Games will be held with a period of ________ ?

a)1yr   b)2yr    c)3yr   d)4yr   e)5yr

20. Which of the following countries will host Olympic games in 2016, 2014, 2012 respectively?

a)Canada, Brazil, UK  

b)Brazil, Canada, Uk

c)Russia, Brazil, Canada

d)UK,Russia,Canada

e)Brazil,Russia,UK

Quiz on General Awareness 12

1.Which of the following countries has signed the Kyoto Protocol, but neither Ratified nor withdrawn from the protocol ?

a)India   b)Iraq   c)Iran  d)North Korea  e)US

2.European Union Consisits of 27 member states, in that how many member states have adopted the common currency 'Euro' know as Eurozone ?

a)14  b)15  c)16  d)17  d)18

3.National Rural Employment Guarantee Act renamed as ____________________ ?

a)Mahatma Gandhi Rural Employment Guarantee Act

b)Mahatma Gandhi National Employment Guarantee Act

c)Mahatma Gandhi Rural Guarantee Act

d)Mahatma Gandhi National Rural Employment Guarantee Act

e)none.

4.Recently which government launched a programme to provide health service to about 58 lakh school students in the state?

a)Tamilnadu  b)Orissa  c)Andhra Pradesh   d)Karnataka  e)West Bengal

5.Who is the first Indian Woman to hold a cabinet post ?

a)Indira Gandhi   b)Sarojini Naidu  c)Vijaya Lakshmi Pandit  d)Moraji Desai  e)none

6.According to IMF, Indian economic growth in 2009 is ?

a)5.4%  b)5.6%  c)5.8%  d)6.0%  e)6.2%

7.Rao Birender Singh recently died, He was a former Chief minister of Which State ?

a)Punjab  b)Delhi  c)Andhra pradesh   d)Uttarakhand  e)Haryana.

8.Who is the new vice-chief of Army ?

a)P.K.Barbora  b)P.C.Bhardwaj  c)Deepak Kapoor  d)P C Chacko   e)M.L. Naidu

9.According to a joint study done by industry body Ficci and consultancy firm Ernst & Young, India needs an investment of Rs ______ crore in the healthcare sector by 2025, to increase its bed density to at least two per thousand population.

a)50,000   b)60,000  c)65,000  d)70,000  e)none.

10.India stood at ____ position in IT competitiveness Index, while US continued to lead the Global IT Industry followed by Finland and Sweden respectively,a survey by Economist Intelligence Unit ?

a)36  b)44  c)28  d)42  e)50

11.Who has taken over as Chief Minister of Andhra Pradesh after YSR Reddy dies in a chopper crash ?

a)Jagan Mohan Reddy   b)Konijeti Rosaiah   c)Chandra babu Naidu   d)Sabita Indra Reddy  e)Post is vacant

12.Who has been appointed as the brand ambassadors of the 34th National Games 2009, starting Nov 21 in Jharkhand ?

a)Akshay Kumar,Kareena Kapoor

b)Hrithik Roshan,Priyanka Chopra

c)Abhishek bachan,Priyanka chopra

d)Akshay kumar,Katrina kaif

e)Abhishek bachan,katrina kaif

13.Maria Sharapova won the Pan Pacific Open by defeating ______________ ?

a)Jelina Jankovic  b)Ana Ivanovic   c)Kim Clijsters  d)Dinara safina   e)none

14.Which country is hosting the World Tiger Summit in 2010 ?

a)Russia  b)India  c)Brazil  d)Srilanka  e)Israel

15.Which GSM Service provider signed an agreement with BSNL to access around 45,000 towers of BSNL?

a)Vodafone  b)R-com  c)Tata-DOCOMO  d)Idea  e)none.

16.Who won the Moin-ud-Dowla cricket tournament held in Hyderabad ?

a)Hyderabad  b)West Bengal  c)Uttar pradesh  d)Maharashtra  e)Goa

17.Sabita Indra Reddy is the first woman Home Minister for the state of  ___________ , in India ?

a)Karnataka  b)Tamilnadu  c)Kerala  d)Andhra pradesh  e)Arunachal Pradesh

18.The 16th Asian Games 2010 will be held in ________ ?

a)India  b)China  c)Japan  d)Srilanka  e)Malaysia

19.World Teachers Day is celebrated on ?

a)Oct 5th  b)Sep 15th   c)Sep 5th  d)Oct 15th  e)Nov 1st

20.The government issued bonds worth over Rs ________ crore to three oil marketing PSUs to compensate them for the losses incurred on account of selling petroleum products below market price ?

a)8,000  b)9,000   c)9,800  d)8,500  e)10,000

Note:For 15th Question answer is 'Aircel'.