General Socio-Economic and Banking Awareness Quiz 2010

1.      The basis of determining dearness allowance to employees in India is ____?
(A) National Income
(B) Consumer Price Index(Ans)
(C) Standard of Living
(D) Per Capita Income

(E) None

2.      NABARD is _____?
(A) A bank
(B) A board
(C) A block
(D) A department

(E) None

3.      Out of one Rupee expenditure, how much paise have been allotted for subsidy in 2010-11 Union budget proposals?
(A) 12 paise
(B) 10 paise
(C) 9 paise
(D) 7 paise

(E) None

4.      The most densely populated country in South Asia is ___?
(A) Bangladesh
(B) India
(C) Maldives
(D) Sri Lanka

(E) None

5.      Interest Rate Policy is a part of ____?
(A) Fiscal Policy
(B) Industrial Policy
(C) Monetary Policy
(D) Credit Policy

(E) None of these

6.      Indian Green Revolution is the most successful in ____?
(A) Wheat and Potato
(B) Jowar and Oil Seeds
(C) Wheat and Rice
(D) Tea and Coffee

(E) All of these

7.       ‘Public Sector’ means ____?
(A) Government ownership on commerce and trade
(B) Capitalist ownership on commerce and trade
(C) Private ownership on trade
(D) Government ownership on banks

(E) None of these

8.      The largest source of National Income in India is _____?
(A) Service Sector
(B) Agriculture
(C) Industrial Sector
(D) Trade Sector

(E) None

9.      Inside Trading is related to _____?
(A) Share Market
(B) Horse racing
(C) Taxation
(D) Public Expenditure

(E) None

10. The main objective of TRYSEM was ______?
(A) To train rural youth for self employment
(B) To train urban youth for self employment
(C) Both of the above
(D) To Provide subsidy to Rural People on purchasing goods

 (E) None

11. Which bank in India performs duties of Central Bank?
(A) Central Bank of India
(B) State Bank of India
(C) Reserve Bank of India
(D) Above (A) and (B)

(E) None of these

12. . Which of the following is a better measure of economic development?
(A) Employment
(B) Size of exports
(C) Rural consumption
(D) National Income

(E) None

13. The cause of deflation is ____?
(A) Lack of goods and services as compared to money supply
(B) Lack of imports as compared to exports
(C) Lack of money supply as compared to supply of goods and services
(D) All the above

(E) None of these

14. The Present Service Tax rate is ___?
(A) 8%
(B) 15%
(C) 10%
(D) 12%

(E) None

15. The working of SEBI includes ___?
(A) To regulate the dealings of share market
(B) To check the foul dealings in share market
(C) To control the inside trading of shares
(D) All of these

(E) None of these

16. CAPART is related with ___?
(A) Assisting and evaluating rural welfare programmes
(B) Computer hardware
(C) Consultant service of export promotion
(D) Controlling pollution in big industries

(E) None of these

17. Kutir Jyoti scheme is associated with ___?
(A) Promoting cottage industry in villages
(B) Promoting employment among rural unemployed youth
(C) Providing electricity to rural families living below the poverty line
(D) All of these

(E) None of these

18. VAT is imposed ____?
(A) Directly on consumer
(B) On final stage of production
(C) On first stage of production
(D) On all stages between production and final sale

(E) All the above

19. What is ‘NIKKEI’?
(A) Share Price Index of Tokyo Share Market
(B) Name of Japanese Central Bank
(C) Japanese name of Country’s Planning Commission
(D) Foreign Exchange Market of Japan

(E) Both A & D

20. Minimum Support Price is decided by _______?
(A) ICAR
(B) Finance Minister

(C) Ministry of Agriculture
(D) CACP

(E) None of these

February Current Affairs 2010

·        Bangladesh has agreed to allow use of water of Feni river for irrigation and drinking purpose in Sabroom subdivision of South Tripura district.

·        India would shortly launch Cartosat-2B, a high-resolution remote sensing satellite, that would aid in infrastructure and urban planning.

·        India will provide a 55 per cent subsidy on solar power installations for homes and offices.

·        India has developed a new generation multi-sensor, multi-weapon defence system against enemy targets on board naval ships. The state-of-the-art "Gun Fire Control System" (GFCS) developed by Bharat Electronics Limited will be installed on board the P-28 class of ships. "The GFCS is a quick reaction, multi-sensor, multi-weapon, short/medium/long range defence system against air, surface or shore targets on board naval ships",.

·        ‘Phir Kabhi' the Hindi film directed by noted film-maker V K Prakash has been chosen as the best film in the 'Narrative Feature' section of the 2009 Los Angeles Reel Film Festival (LARFF).

·        Nepal is all set to have the first LGBT (Lesbian, Gay, Bi-sexual and Trans-sexual) regional centre, with financial support from the government, near here to promote the rights of sexual minorities of the South Asian region.

·        India and Kuwait discussed a gamut of issues, including terrorism, developments in Pak and energy security by External Affairs Minister S M Krishna's maiden visit to a Gulf country.

·        Britain has announced a new scheme and support of 14.5 million pounds, providing eight million people across India access to water, better sanitation and shelter.

·        The Haj terminal at Jeddah in Saudi Arabia has been selected for a top US award for its architectural design that has stood the test of time for over 25 years.

·        The Brazilian congress has proclaimed food security as a new constitutional right of all citizens, along with health, housing, work, social security, and child protection.

·        To instill discipline among teachers, the Karnataka Government has decided to ban use of cell phones by them during classes in all government and aided primary and high schools and junior colleges in the state.

·        Veteran actor-producer Sujit Kumar, who worked in superhit Hindi films like 'Aradhana', 'The Burning Train' and 'Aankhen', passed away .

·        The horticultural department of the Rashtrapati Nilayam in Secunderabad has bagged the first prize during the Garden Festival 2010.

·        A statue of US President Barack Obama as a boy will be removed from a park in the Indonesian capital due to public opposition.

·        An agreement for World Bank assisted Sustainable Urban Transport Project (SUTP) was signed between Government of India and World Bank. The project will have a loan component of US$105.23 million from International Bank for Reconstruction and Development(IBRD) and a grant of US$20.33 million from Global Environment Facility(GEF). 

·        Indian-American Pulitzer Prize-winning author Jhumpa Lahiri has been appointed as a member of US President Barack Obama's Committee on the Arts and Humanities, along with five others.

·        India successfully test-fired its indigenous Agni-III ballistic missile with a range of 3500 kms from the Wheeler Island off the coast of Orissa, making the nuclear-capable platform ready for induction into the armed forces.

·        On a day when the Andhra Pradesh High Court struck down job reservation for Muslims, the West Bengal govt has announced 10 pc quota in employment for the community under the OBC category.

·        Noted CPI leader Kamala Bhagwat died .

·        Eminent economist Kakkadan Nandanath Raj, who had made significant contribution in preparing India's first Five Year Plan, died.

General Awareness Quiz 2009 - 37

1. On which Day, UN General Assembly declared “Nelson Mandela International Day’?

a)June 21^st     b)July 18^th    c)May 8^th    d)Aug 5^th   e)none

2. India won the fifth SAFF(South Asian Football Federation) title by defeating __________ that held in Bangladesh?

a)Nepal    b)Bangladesh    c)Srilanka    d)Pakistan    e)Maldives

3. Which State will become the first to implement the Right to Education Act 2009?

a)Tamilnadu    b)UP    c)Andhra Pradesh    d)Karnataka    e)Kerala

4. Who is the first Indian boxer to clinch Gold Medal in inter-Continental President’s Cup?

a)Vijendar Singh    b)Mary Kom    c)Hawa Singh    d)Suranjoy Singh  e)none

5. Who has been elected as the President of Rajasthan Cricket Association?

a)Praful Patel    b)C P Joshi    c)Lalit Modi    d)Narendra Modi    e)Anand Sharma

6. Gen Fonseka is the ex-army Chief Contesting as a Presidential Candidate that to be held in Jan 2010, He belongs to which of the following countries?

a)Norway    b)Maldives     c)Srilanka    d)Myanmar    e)Bhutan

7. Which Country hosted the EU Summit held in December 2009?

a)UK    b)France    c)Switzerland    d)Davos   e)Brussels

8. Anerood Jugnauth was in news recently by arriving India for a two day visit in December 2009. He is the President of ________?

a)Mauritus     b)Myanmar    c)Namibia     d)Uruguay    e)none of these

9. The first batch of the MiG-29K fighters jets have landed in India. These fighters’ jets are purchased from which Country?

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

10. Which Country won the Davis Cup 2009?

a)Czech Republic    b)Argentina    c)Spain    d)Sweden    e)Serbia

11. Bina Rai has recently passed away. He was a famous ________?

a)Actress   b)Writer    c)Journalist    d)Politician   e)none of these

12. Which Country won the Champions Trophy 2009 Hockey?

a)India   b)Australia    c)Germany    d)South Korea   e)Netherlands

13. Which Country has offered eco-friendly technologies to clean and conserve holy Yamuna river in Delhi, that provides drinking water to about 57 million people in the country?

a)US    b)Japan    c)France   d)China   e)Canada

14. How many agreements were signed during Prime Minister Manmohan Singh visited Russia recently?

a)2   b)3   c)5   d)6    e)none

15. V S Dhanasekar Memorial Cup is related to which sport?

a)Chess   b)Racing   c)Golf    d)Snooker    e)Football

16. Who has been crowned as the Miss India American 2009?

a)Shivali Vyas    b)Disha Patel    c)Priyanka Singha    d)Shriya Kishore  e)none

17. Which Country announced that it will host the International AIDS Society Conference in 2012?

a)India    b)South Africa    c)Germany    d)China    e)US

18. Who has conferred the Best Indian Player in Football Players Association(FPAI) Awards?

a)Sunil Chhetri     b)Baljith Singh Sahni    c)Jibbon Singh   d)Baichung Bhutia    e)Baldeep Singh

19. What is the period of the Financial Year in Banks?

a)March to Feb    b)Feb to Jan    c)Jan to Dec    d)April to March    e)May to April

20. Recently IT major Infosys launches a Development Centre in which of the following countries?

a)Argentina    b)Egypt    c)Brazil    d)South Africa    e)Spain

Note: 

5th Q - C P Joshi(Union Minister of Panchayati Raj) against Lalit Modi.

10th Q - Spain against Czech Republic.

12th Q - Australia against Germany.

Quiz on General Awareness 17

1.The Union Govt. on 22^nd June 2009, abolished the import duty on _______ items as part of its tariff elimination commitments under the Comprehensive Economic Cooperation Agreement (CECA) with Singapore?

a)2022   b)2202   c)2002   d)2220   e)2020

2.Who is the ‘Banker of the Year-2009’ presented  by Business Standard ?

a)O P Bhatt    b)K V Kamath    c)K C Chakrabarty     d)Aditya Puri    e)A C Mahajan

3. Who is the new President of ASSOCHAM ?

a)Sajjan Jindal   b)Dilip Modi   c)Rahkumar Dhoot   d)Swati Piramala   e)D S Rawat

4. India is proposed to launch a South Asian regional train service between India and _______________ ?

a)Bangladesh   b)Pakistan    c)China    d)both a & c    e)both  a & b.

5.Which Country has won the maximum no. of medals in Beijing Olympics 2008 ?

a)China   b)Russia   c)Germany   d)US   e)UK

6.According to World Intellectual Property Organisation (WIPO), which country has taken No.1 position in the maximum number of patents in 2007 ?

a)Japan   b)China    c)US   d)Germany   e)India

7. British government has sanctioned a ________ pounds loan for Tata motors for its new electric car project?

a)1 billion   b)10 billion    c)10 million   d)50 million   e)75 million

8.World Food Day is celebrated on ______ ?

a)Oct 18^th   b)Sep 18^th   c)Oct 16^th   d)Sep 16^th   e)Oct 24^th

9.Who is the author of the book “Two Lives” ?

a)V S Naipaul   b)Vikram Seth   c)Arundati Roy    d)Jhumpa Lahiri    e)Shashi Tharoor

10.Government has declared as ___________ a national aquatic animal in order to save the rare freshwater species from disappearing from the country's aqua map ?

a)Fish   b)Blue Whale  c)Shark   d)Dolphin   e)none.

11.Andhra Pradesh government has renamed the Kadapa District as ________________ ?

a)Kadapa-Y S Rajeshekara Reddy   b)Y S Rajeshekar Reddy   c)Y S Reddy  d)YSR-kadapa   e)none

12.The 2010 FIFA world cup will be held in _____________ ?

a)India   b)Italy   c)Germany    d)South Africa   e)Czech Republic

13.Which is the only country yet to ratify the Lisbon treaty ?

a)India   b)Poland    c)Czech Republic   d)Ireland   e)Austria

14.Which team has won the IPL-2 Edition ?

a)Deccan Chargers   b)Royal Challengers Bangalore   c)Delhi Daredevils   d)Chennai Super Kings  e)none

15. Shanti Swarup Bhatnagar Awards are given in the field ________ ?

a)Literature   b)Politics   c)Science    d)Writer   e)Education

16. India has rejected a demand by the __________ government for the return of the remains of Nobel laureate Mother Teresa, buried in the city of Calcutta.

a)Israel   b)Rome   c)US   d)Italy  e)Albanian

17.Which country has been topped in Anti-hunger scorecard ?

a)India   b)Brazil    c)China   d)Ghana  e)Malawi

18.Recently V. K Saraswat was in news.He was the ____________ ?

a)Chief of DRDO   b)Next chief of ISRO   c)Scientific Advisor to Defence Minister  d)both a & c  e)none

19.The XXI Winter Olympics will be held in 2010 at ?

a)London   b) Rio de Janeiro   c)Vancouver    d)Russia   e)South Africa

20.Who won the Shangai Masters 2009 ?

a)Nikolay Davydenko   b)Rafael Nadal    c)Djokovic   d)Andy Murray   e)Roger Federer

Bilateral Agreements

1.       The Japan International Cooperation Agency (JICA) announces to provide about Rs.800 crore more for the Hogenekkal Water Supply and Fluorosis Mitigation Project.

2.      United States based Satellier - Scream point International a leading digital city solutions provider globally, brings its latest “5D Digital City” solutions and technology services to India.

3.      Under a multimillion dollar long-term nuclear fuel supply deal between Moscow and New Delhi, Russia delivers the first batch of 30 tonnes of uranium pellets to India.

4.      Tata Communications has announced its participations in the $600 million new West African Cable System (WACS) – the submarine fibre optic cable that will link countries in Southern Africa, Western Africa and Europe, with at least 3.84 terabits a second of international bandwidth.

5.      India and Spain sign a trade agreement expected to boost bilateral ties in six crucial sectors of infrastructure development, renewable energy, agriculture, research and development, tourism, and cooperation in Latin America, where Spain has a sphere of influence.

6.      India-U.S.-Japan Planned Malabar-2009 Naval Exercises.Japan has joined India and the United States in trilateral naval exercises from April 26 to May 3. The exercise, named Malabar 2009, was conducted east of Okinawa islands.

7.      The professional objective was to “deepen mutual understanding and trust” among the navies of the three countries. The political aim was to “enhance friendly ties.”

8.      India-Poland pacts on healthcare and tourism.India and the European country Poland signed two agreements: one on cooperation in healthcare and medicine, and the other on tourism. This bilateral trade is $1 billion.

9.      Iran and Pakistan signed an agreement for the construction of gas pipeline which will carry natural gas from Asalouyeh and stretch over 1100 kilometres through Iran. In Pakistan, it will pass through Baluchistan and Sind which stretches 1000km. In India it runs around 600km. 150 million Cubic meters natural gas would be transported through this pipeline per day.

10. India became the first country in South Asia to own an AWACS, Airborne Early Warning and Control System, called 'an eye in the sky', with the Israeli-made Phalcon. It arrived at the Jamnagar airbase on the country's western coast.The Phalcons will be inducted into the Indian Air Force on May 28 by Defense Minister A K Antony at the Palam airbase in New Delhi.

11. India and the United States signed a Memorandum of Understanding (MOU) for cooperation in production and marketing of bio fuels in a sustainable and environmentally friendly manner and in accordance with national priorities and socio economic development goals.

12. India to set up IT lab in Indonesia.India will help set up an Information Technology Lab at Indonesia’s Military Academy and participate in a defence exercise, “Garuda Shield”, for United Nations peace support operations.

13. India-ASEAN summit cancelled: The India-ASEAN summit has been delayed following anti-government demonstrations in Thailand.

14. G8, G5 leaders met in L’Aquila, Italy on economic issues and climate change .

15. India, U.S. Sign Space-defense Deals.The new Technology Safeguards Agreement (TSA) will cover launches involving satellites owned by U.S. government or academic institutions or by third country space agencies and universities which have U.S. equipment on board. Since the components and satellites will have to be integrated with Indian Space Research Organization's launch vehicles, the TSA will provide for monitoring by the U.S. side to ensure against diversion or misuse of equipment.

16. A second agreement was signed on a framework for "robust result-oriented cooperation" in science and technology for "collaborative research and its commercialization."

17. The signing of the end-use monitoring shall enable India to procure sophisticated U.S. defense technology and equipment.

18. The Bill and Melinda Gates Foundation has signed a memorandum of cooperation with the National AIDS Control Organisation (NACO) to implement Avahan, an initiative of the foundation to check the spread of HIV/AIDS in India. Avahan funds targeted HIV-prevention programmes in six Indian States and along the national trucking routes.

19. Mauritius to use AP e-procurement technology.The Government of Mauritius has signed a formal memorandum of agreement with the Andhra Pradesh Government to source e-procurement solutions. The Mauritius Government would use the Andhra Pradesh Government’s e-procurement platform in order to aggregate demand from various Government departments and ensure reduced inventory costs. Also, this would result in lower cost of procurement, transparency and help achieve effective tendering process. Andhra Pradesh, one of the front runners in implementing the e-governance initiatives, had so far concluded 61,534 tenders worth Rs 1.08 lakh crore, involving 206 departments and agencies.

20. India has signed a free trade agreement (FTA) with the Association of Southeast Asian Nations (ASEAN) that will include tariff cuts on an estimated 4,000 products. The FTA is expected to boost trade between the two to US$50 billion by next year. The agreement will be implemented beginning January 1, 2010 and will take out duties on about 3,200 products by December 2013, while duties on the remaining 800 products will be brought down to zero or near zero levels by December 2016.

21. India, China to set up hotline.India and China have decided to set up a hotline between Prime Ministers Manmohan Singh and Wen Jiabao as a confidence building measure. The decision was taken during the 13th Round of India-China Special Representatives talks on the boundary question.

22. India-Singapore Joint Venture For Tourism Promotion.According to the plan, the tourists who visit Singapore will be given an option to include a four-five day trip to India in their itinerary.

23. India, South Korea signed bilateral trade agreement.South Korea and India signed a bilateral trade agreement to cut duties on  goods as auto parts and electronics and to boost cooperation between the two Asian economic powerhouses.Both sides started negotiations for the Comprehensive Economic Partnership Agreement (CEPA) in March, 2006, committing them to drastically lower import tariffs on cars and other manufactured items.The CEPA is similar to the free trade agreements (FTA) South Korea has signed with the U.S. and other trading partners, but phases out tariffs more slowly.

24. During the visit of Indian President, India and Tajikistan decide to cooperate in the fields of energy, food and regional security. India invested $20 million in the reconstruction of the Ayni Air Base near Dushanbe in 2008 and has made significant investments in other Tajik projects, including the reconstruction of the Varzob hydropower plant. 

25. India and Russia agreed to raise the volume of the trade between them to USD ten billion by 2010. Russia and India would cooperate in energy, metallurgy, mechanical engineering, knowledge-intensive industries, ongoing construction of Kudankulam nuclear power plant and ONGC's participation in the Sakhalin-I project. 

Source:Sakshi.

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'.