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.

Current Affairs Quiz 2010 - 46

1.The Largest Producer of Rubber in the world __________?

a)China   b)Indonesia(2)  c)India(4)    d)Thailand(1)   e)Malaysia(3)

2.Which of the following states signed an MoU with NALCO to establish an Aluminum Park?

a)Karnataka    b)West Bengal    c)Gujarat   d)Maharashtra   e)Orissa

3.Kim Clijsters won the US Open Women’s Single Title for the year 2009. She belongs to which country?

a)Belgium   b)Serbia    c)Russia   d)Italy   e)Spain

4.Who amongst the following is the winner of Indira Gandhi Award for National Integration 2009?

a)Ram Puniyani    b)Javed Akhtar    c)Balraj Puri    d)Shyam Benegal   e)Both b & d

5.The Country’s first Special Economic Zone (SEZ) dedicated to Aerospace Industry has been inaugurated in Belgaum district. It is located in which state?

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

6.With which country India shares a maximum boundary line of around 4,000 km?

a)Myanmar    b)Bangladesh    c)China    d)Pakistan   e)Nepal

7.Canada became the _____ country to sign Civil Nuclear agreement with India?

a)5   b)6    c)7    d)8   e)9

8.Many times we have seen the Acronym ‘FEMA’ in the Financial newspapers. What is the full form of FEMA?

a)Forex Exchange Mangement Act

b)Financial Export Management Act

c)Foreign Exchange Management Act

d)Financial Exchange Management Act

e)none of these

9.How many times the President of India can seek re-election to his post?

a)Only once   b)two times   c)three times   d)Any number of times   e)none

10. Which of the following has written the book “Between the Lines”?

a)V. S Naipaul   b)Prem Bhatia    c)Kuldeep Nayyar   d)C.Rangarajan  e)Saul Bellow

11. As per UNCTAD’s report 2009 which place India got in attracting FDI among Asian nations?

a)First    b)Second   c)Third   d)Fourth   e)Fifth

12. Which of the following will the release the report on Foreign Exchange Reserves in India?

      a)SEBI    b)Ministry of Finance    c)ASSOCHAM   d)RBI   e)both  b & d.

13. Irani Cup is associated to which sport?

a)Cricket   b)Football   c)Hockey    d)Golf   e)none

14. Who has been re-elected as President of International Olympics Committee (IOC)?

a)Suresh Kalmadi    b)Jagues Rogge    c)Jean Todt   d)Jaun Antonio Samaranch  e)none

15. Which of the following is not a member of SAARC?

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

16. Who won the Hero Honda Cup Series?

a)India    b)Srilanka   c)Australia   d)South Africa   e)none of these

17. Ayyappa Masagi is a well known figure in which of the following?

a)Economy   b)Climate Change   c)Gandhian Thoughts   d)Construction work   e)Water Literacy

18. Who has been nominated as Administrator of United States Agency for International Development (USAID)?

a)Timothy Roemer   b)Rajiv Shah   c)Meera Shankar   d)Anil Kumar   e)Kalpenn Shah

19. How many countries border with India?

a)3   b)4   c)5   d)6   e)7

20. Which country has surpassed US to become worlds largest Automaker?

a)Japan   b)China    c)Germany   d)India   e)none of these

Note:

3Q: Kim Clijsters beat Caroline Wozniacki (Denmark) in the US Open 2009 in Women’s Single.

16Q: Australia beat India to Clinch Hero Honda Cup Series.

Quiz on General Knowledge 2009 - 39

1. Who has been named as the 'Person of the Year 2009' by the American magazine Time?

a)Barack Obama    b)Hillary Clinton    c)Ben Bernake    d)Dalai Lama   e)none of these

2. In which of the following Stock Exchanges “currency Future trading” was firstly started?

A)NSE    b)MCX-SX  c)BSE   d)NCDEX   e)none of these

3. Which Country is planning to build World’s Largest Mosque?

a)Saudi Arabia   b)Iran    c)Tajikistan   d)Indonesia   e)none of these

4. Rashtriya Krishi Vikas Yojana (RKVY) is a scheme related to which of the following sectors?

a)Rural Development   b)Women Development    c)Personnel Insurance   d)Agriculture   e)none of these

5. The Five Year Plan is approved by _______________?

a)Planning Commission   b)National Development Council    c)Central Statistical Organization   d)RBI & Finance Ministry   e)none of these

6. Recently which country launched their country’s fastest Supercomputer named ‘Tianhe’?

a)Japan    b)Malaysia    c)Hongkong    d)China   e)Singapore

7. Zine El Abidine Ben Ali was in news recently. He was the president of _________?

a)Algeria    b)Taiwan    c)Fiji    d)Sudan   e)Tunisia

8. Who among the following honoured as Asian Filmmaker of the year in the 14^th Pusan International Film Festival(PIFF)?

a)Bobby Bedi    b)Yash Chopra   c)Rakesh Roshan   d)Manmoham Shetty   e)none of these

9. With which country India have finalized a new 10-year military co-operation pact that will take bilateral defence partnership to new heights?

a)Russia    b)US    c)Israel    d)France    e)none of these

10. ‘EKUVERIN-09’ is a joint troop exercise between which of the following countries?

a)India & Russia     b)Srilanka & China    c)India & Maldives    d)Maldives & Srilanka   e)India & US

11. Which state is facing Political Crisis due to the process of separating a state?

a)Jharkhand    b)West Bengal   c)Andhra Pradesh    d)Uttar Pradesh   e)Bihar

12. Dr Kamla is the new governor of _________?

a)Nagaland    b)Tripura    c)Manipur    d)Uttarakhand    e)Gujarat

13. Which channel has won the Asian vision Annual awards 2009 for most news flashes?

a)Times of India   b)Aajtak    c)Doordharshan    d)NDTV   e)none of these

14. How much is approved by Bill and Melinda Gates Foundation as grant for Indian farmers?

a)$2.5 million    b)$4 million   c)$6.5 million    d)$9.7 million   e)none of these

15. Which country has presented the 2009 Defender of Democracy Award to Kailash Satyarthi?

a)US    b)India    c)Denmark   d)France   e)Germany

16. Which film has been awarded the prestigious Golden Peacock for best film at the 40th International Film Festival of India (IFFI)?

a)A Brand New Life    b)The Other Bank    c)Gabricha Paus   d) Angshumaner Chhobi   e)I can’t Live without you

17. Recently which Bank (PSU) installed its first disabled-friendly ATM in the country?

a)Vijaya Bank   b)PNB    c)Bank of Baroda   d)Union Bank of India   e)none

18. Mahila Coir Yojana, is a scheme to provide self-employment opportunity to rural women workers. This scheme firstly started by which State government?

a)Kerala    b)Uttar Pradesh    c)Gujarat    d)West Bengal  e)Tamilnadu

19. Farook Haider was in news recently. He was a _______________?

a)New Interior Minister of Pakistan

b)Deputy Prime Minister of Afghanistan

c)Master mind behind 26/11 Mumbai attacks

d)Prime Minister of Pakistan Occupied Kashmir

e)Former Pakistan Prime minister

20. ‘The Worlds Local Bank’ is the tag line of which of the following banks?

a)Yes Bank    b)HSBC   c)ING Vysya   d)Standard Chartered   e)Bank of America

Note:

1Q : For 2008 : Barack Obama

3Q : Present Worlds Largest Mosque is in Mecca(Saudi Arabia)

5Q : Five Year Plan is Developed & Executed by Planning Commission.

List of Newly Elected President/PM's of a Country in 2009

1)     Indonesia President - Susilo Bambang Yudhoyono

2)     Congo President - Denis Sassou Nguesso

3)     Kyrgyzstan President - Kurmanbek Saliyevich Bakiyev

4)     Afghanistan President – Hamid Karzai

5)     Japan Prime Minister – Yukio Hatoyama

6)     Norway Prime Minister – Jens Stoltenberg

7)     Denmark Prime Minister – Lars Lokke Rasmussen

8)     Iran President – Mahmoud Ahmadinejad

9)     Slovakia President – Ivan Gasparovic

10)South Africa President – Jacob Zuma

11)India Prime Minister – Manmohan Singh

12)Iceland Prime Minister – Johanna Siguroardottir

13)Bangladesh President – Zillur Rahman

14)Bangladesh Prime Minister – Sheikh Hasina

15)Nepal Prime Minister – Madhav Kumar Nepal

16)Zimbabwe Prime Minister – Morgan Tsvangirai

17)Somalia President – Sharif Ahmed

18)Germany President – Horst Kohler

19)Madagaskar President – Andry Rajoelina

20)Greece Prime Minister – George Papandreou

21)Honduras President – Profirio Lobo Sosa

22)Israel Prime Minister – Benjamin Netanyahu

23)Greenland Prime Minister – Kuupik Kleist

24)USA President- Barack Obama

25)Romania President – Traian Basescu

26)Bolivia President - Evo Moralis