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Q1. Ms Christine Lagarde is the Managing Director of which of the following financial institutions?
Q2. What type of unemployment can occur even in a situation of "full employment"?
Q3. Jim Yong Kim has taken over in July 2012 as the new President of ...........
Q4. When the rate of inflation increases
Q5. Banks borrow money from the RBI on which of the following rates?
Q6. What is Forex?
Q7. Firms under perfectly competitive markets generally are
Q8. Select the odd one in relation to industry from the following:
Q9. National Income is
Q10. Which statement is true?
Q11. Who among the following is the ex-officio Secretary of National Development Council?
Q12. How many members are there in the Planning Commission?
Q13. What does "Trickle down Theory of Development" indicate?
Q14. ..................does not grant any tax rebate.
Q15. Which of the following pair is not correctly matched?
Q16. Consider the following statements regarding India's Five Year Plans and pick the CORRECT one: {1} The Second Five Year Plan emphasised on the establishment of heavy industries. {2} The Third Five Year Plan introduced the concept of import substitution as a strategy for industrialisation.
Q17. "Lakdawala Methodology" refers to ........
Q18. As per the recent guidelines of the Reserve Bank of India (February 2013), what is the minimum period of track record of any sector required for establishing a Bank in India?
Q19. Consider the following taxes and state which of them is/are Direct Tax/es? {1} Fringe Benefit Tax {2} Interest Tax {3} Securities Transaction Tax
Q20. .................is not a quantitative measure for credit control.
Q21. In the context of independent India's economy, which one of the following was the earliest event to take place?
Q22. How is the United Nation's Monetary and Financial Conference wherein the agreements were signed to set up IBRD, GATT and IMF, commonly known?
Q23. Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?
Q24. Consider the following statements and pick the one/s is/are correct: (1) The repo rate is the rate at which other banks borrow from the Reserve Bank of India.(2) A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population.
Q25. Tarapore Committee was associated with which one of the following?
Q26. ASSERTION {A}: "Balance of Payments" represents a better picture of a country's economic transactions with the rest of the world than the "Balance of Trade". REASON {R}: "Balance of Payments" takes into account the exchange of both visible and invisible items whereas "Balance of Trade" does not.
Q27. Consider the following states and pick the correct one/s: (1) In India, during the financial year 2005..2005 an increase of below 10% over the value of exports (in rupee terms) in the financial year 2003..2004 was reported. (2) According to the WTO, India's share in the world merchandise exports crossed 2% in the year 2005.
Q28. Consider the following statements and pick the one/s is/are correct: (1) SENSEX is based on 50 of the most important stocks available on the Mumbai Stock Exchange. (2) For Calculating the SENSEX, all the stocks are assigned proportional weightage. (3) New York Stock Exchange is the oldest stock exchange in the world.
Q29. Consider the following statements and pick the one/s is/are correct: (1) During the year 2004, India's foreign exchange reserves did not exceed the 125 billion USD mark. (2) The series of Index numbers of wholesale prices introduced from April 2000 has the year 1993..1994 as base year.
Q30. Which sector has received the maximum Foreign Direct Investment in the past decade?
Q31. ASSERTION {A}: India does not export natural rubber. REASON {R}: About 97% of India's demand for natural rubber is met from domestic production.
Q32. ASSERTION {A}: The new EXIM policy is liberal, market oriented and favours global trade. REASON {R}: GATT has played a significant role in the liberalisation of the economy.
Q33. Debenture holders of a company are its
Q34. Consider the following statements and pick the one/s that is/are correct: In India, stamp duties on financial transactions are (1) Levied and collected by the State Government (2) Appropriated by the Union Government.
Q35. Which one of the following statements is correct with reference to Foreign Exchange Management Act?
Q36. Consider the following financial institutions of India and arrange them in the chronological order of their period of establishment: (1) Industrial Finance Corporation of India (IFCI); (2) Industrial Credit and Investment Corporation of India (ICICI); (3) Industrial Development Bank of India (IDBI); (4) National Bank for Agriculture and Rural Development.
Q37. The salaries and allowances of the Judges of the High Court are charged to the ......
Q38. ..................committee recommended Capital Account Convertibility.
Q39. In which year The President's (Emoluments and) Pension Act was enacted
Q40. The salaries and allowances of the President of India is chargeable to ........
Q41. With reference to the Indian Public Finance, consider the following statements and pick the correct one/s: (1) External diabilities reported in the Union Budget are based on historical exchange rates. (2) The continued high borrowing has kept the real interest rates high in the economy. (3) The upward trend in the ratio of Fiscal Deficit to the GDP in recent years has an adverse effect on private investments. (4) Interest payments is the single largest component of the non-plan revenue expenditure of the Union Government.
Q42. Consider the following and state which of these are included in Broad Money (M3) in India: (1) Currency with the Public. (2) Demand Deposits with banks. (3) Time deposits with banks.
Q43. Global capital flows to developing countries increased significantly during the nineties. In view of the East Asian financial crisis and Latin American experience, which type of inflow was recommended as good for the host country?
Q44. Which one of the following authorities recommends the principles governing the grant in aid of the revenues of the states out of the Consolidated Fund of India?
Q45. Consider the following factors related to an industry and determine the nature and size of the industry: (1) Capital Investments (2) Business Turn Over (3) Labour Force (4) Power Consumption.
Q46. Consider the following taxes and state which of them is/are Indirect taxes: (1) Corporation Tax (2) Customs Duty (3) Wealth Tax and (4) Excise Duty.
Q47. .................Committee examined and suggested Financial sector Reforms.
Q48. The term National Income represents
Q49. ASSERTION {A}: Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000.REASON {R} : There was a fall in foreign currency assets also.
Q50. The prices at which the government purchases foodgrains for maintaining the Public Distribution System and for building up buffer stocks is known as ...........