1. Govt. of India recently decided to import wheat at a lower rate of custom duty. The effective rate of the duty would be
(a) 15% (b) 12% (c) 10%
(d) 5% (e) None of these
2. As per the reports published recently in the newspapers, banks surpassed the target set for farm credit in 2005-06. How much more credit was given to this sector in terms of percentage?
(a) 15% (b) 20% (c) 26%
(d) 33% (e) 43%
3. The Government of India recently extended the deadline for telecom companies to comply with the new FDI norms by another three months. Which is the new deadline?
2nd October, 2006 (b) 30th October, 2006 (c) 15th November, 2006
(d) 30th November, 2006 (e) None of these
4. As per the reports published in the newspapers, the National Housing Bank (NHB) is planning to launch a Reverse Mortgage scheme specially to help which of the following sections of society?
(a) People in rural India
(b) Senior citizens
(c) People living in Govt accommodations
(d) Women who are sole breadwinners
(e) None of these
5. Which of the following companies has got two contracts to establish two power projects in Afghanistan?
(a) Bharat Heavy Electricals (BHEL)
(b) National Hydroelectric Power Corporation (NHPC)
(c) National Thermal Power Corporation (NTPC)
(d) Reliance Energy Ltd
(e) None of these
6. The final match of the Uber Cup badminton 2006 was played between China and
(a) Japan (b) Denmark (c) Italy
(d) The Netherlands (e) None of these
7. Which of the following organizations/agencies recently prepared a charter of the Banking Codes and Services? (All banks are required to sign the same)
(a) Indian Bank Association (IBA)
(b) Indian Institute of Banking & Finance (IIBF)
(c) All India Bank Employees' Union
(d) Reserve Bank of India (RBI)
(e) None of these
8. A four-day Ministerial level meeting of G-20 and G-33 countries was held in June 2006 in
(a) Hong Kong (b) Beijing (c) New Delhi
(d) Jakarta (e) Geneva
9. Why was the name of SY Quereshi recently in news?
(a) He is the new Election Commissioner of India.
(b) He is the new Foreign Secretary, Govt. of India.
(c) He will be our new Permanent Representative in the UNO.
(d) He is India’s new Permanent Representative in the World Trade Organisation
(e) None of these
10. Govt. of India recently introduced sortie measures/incentives to improve tourism in India. Which of the following is one of these measures?
(a) Issuance of electronic visa
(b) Free stay for three days and Govt. hotels in four metros for business travelers and frequent flyers
(c) Highly subsidized air travel on metro routes for frequent flyers
(d) Free trip to Agra, Delhi and Jaipur to those coming on education/study tours
(e) None of these
11. Women in which of the following OPEC countries participated in elections for the first time? (Elections were held recently)
(a) UAE (b) Kuwait (c) Iran
(d) Saudi Arabia (e) None of these
12. Which of the following agencies recently laid down guidelines for foreign companies who wish to raise money from the Indian capital markets?
(a) RBI (b) IRDA (c) Registrar of Companies
(d) SEBI (e) None of these
13. The Government of India recently advised which of the following to have uniform accounting standards and also to amortize premium on their investment without fail?
(a) Provident Fund Companies (b) Mutual Fund Operators
(c) Co-operative Banks (d) Insurance Companies
(e) None of these
14. SEBI recently decided to give an exemption to some companies from the requirement of the minimum 25 per cent public shareholding. Companies exempted from such requirement should fulfil which of the following norms?
(1) They should have market capitalization of Rs. 1,000 crore.
(2) They should have 20 million shares listed.
(3) They should have a turnover of Rs. 400 crore per annum.
(a) Only (1) (b) Only (2) (c) Only (3)
(d) (1) & (3) both (e) (1) & (2) both
15. Which of the following organizations/agencies has agreed to setup an ‘Institute in India to Train Manpower in commodities?
(a) World Bank (b) Asian Development Bank
(c) International Monetary Fund (d) New York Stock Exchange
(e) None of these
16. More and More banks in India these days are setting up their ATMS and discourage people to visit their branches for transaction. Which of the following is/are the limitation(s) of the ATMs which force people to got to branch for transactions?
(1) Lack of human interface (2) Communication gap
(3) Limited cash dispensing ability
(a) Only (1) (b) Only (2) (c) Only (3)
(d) (1) & (2) both (e) (1), (2) & (3) all
17. How much amount can the Postal Department invest in revenue-generating instruments and/or stock market to reduce its budgetary deficit? (amount is from its insurance schemes)
(a) Rs. 1,400 crore (b) Rs. 2,500 crore (c) Rs. 4,500 crore
(d) Rs. 7,400 crore (e) Rs. 10,000 crore
18. The Non-Profit Companies which were unlisted but have accessed Foreign Currency were asked to get themselves listed within three months or latest by March 31, 2006. This rule is now relaxed and such companies can get listed in a period of
(a) 1 years (b) 2 years (c) 3 years
(d) 5 years (e) 10 years
19. Which of the following countries won World team table tennis championship 2006 for men and women both?
(a) Japan (b) China (c) Hong Kong
(d) Germany (e) USA
20. The Government of India recently cleared Rs. 1,00,000 crore of investment in Special Economic Zones (SEZs). The investment will be helpful in many way. Which of the following is/are among such benefits?
(1) About 40,000 hectares of the land will be converted into SEZs.
(2) About 5,00,000 people will get various types of jobs in those units.
(3) Export of agro products would get an enormous boost as all such SEZ units are to be established for agro exports only.
(a) 1 and 2 both (b) Only 1 (c) Only 2
(d) Only 3 (e) 1, 2 and 3 all
21. Which of the following is NOT one of the core areas identified under the Bharat Nirman Programme?
(a) Irrigation (b) Rural electrification (c) Drinking water supply
(d) Rural Housing (e) Computer education in Schools
22. The World Sports Award ceremony was held recently in
(a) Spain (b) Italy (c) France
(d) Germany (e) Canada
23. All day-to-day functions of the Panchayat in which of the following states are being operated on electronic system and are web-based? (This is being done for the first time in India for a panchayat)
(a) Kerala (b) Karnataka (c) Andhra Pradesh
(d) Maharashtra (e) None of these
24. Marion Jones is a well-known
(a) Badminton player (b) Tennis player (c) Golfer
(d) Athlete (e) None of these
25. Who amongst the following is the author of the book The City of Joy?
(a) Dominique Lapierre (b) Guenter Grass (c) Daniel Steele
(d) Graham Greene (e) None of these
26. Why was Vijay Nambiar’s name recently in the news?
(a) He has taken over as the new Cabinet Secretary, Govt of India.
(b) He will be our permanent representative in the UNO.
(c) He has taken over as the Undersecretary-General in the UNO.
(d) He is new Foreign Secretary, Govt. of India.
(e) None of these.
27. Which of the following cups/trophics is associated with the game of volleyball?
(a) Indian Cup (b) Ramanujam Trophy (c) Lincoln Trophy
(d) Dhyanchand Trophy (e) Him Gold Cup
28. The Basel II Accord for Banking Industry is based on three pillars. Which of the following is/are NOT included in the same?
(1) Minimum Capital Requirement (2) Supervisory Review
(3) Market Discipline (4) Credit Risk
(a) Only 1 (b) Both 1 and 3 (c) Only 4
(d) Only 1, 2 and 3 (e) None of these
29. Alan Garcia, whose name was recently in the news, is the
(a) Prime Minister of Peru (b) President of Peru
(c) Prime Minister of Italy (d) President of Italy
(e) None of these
30. In which of the following states one village in each block is being developed as a model village?
(a) Jammu & Kashmir (b) Himachal Pradesh (c) Karnataka
(d) Tamil Nadu (e) None of these
31. ‘Sheqel’ is the currency of
(a) Israel (b) Kenya (c) Iraq
(d) Iran (e) None of these
32. Which of the following is True about Prime Minister’s Rozgar Yojana (PMRY)?
(1) Youth of the age of 18-45 years are eligible for taking loan under the scheme.
(2) Loans are possible only for non-agricultural activities in rural/semi-urban areas.
(3) In the 10th plan about 16.5 lakh persons are likely to get employment under this scheme.
(a) Only 1 (b) Only 2 (c) Both 1 and 3
(d) Only 3 (e) All 1, 2, and 3
33. Which of the following terms is NOT related with the game of hockey?
(a) Soda line (b) Tie-breaker (c) Hat-trick
(d) Half-Volley (e) Follow-on
34. Indian exports recorded an increase in May 2006. What was the increase in terms of percentage?
(a) 15% (b) 20% (c) 25%
(d) 30% (e) 35%
35. Which of the following countries has the largest stock of foreign exchange reserves in the world?
(a) USA (b) China (c) Japan
(d) India (e) None of these
36. The 9th National e-Governance Conference was recently organized in
(a) New Delhi (b) Jaipur (c) Mumbai
(d) Bangalore (e) Kochi
37. FIFA World Cup 2010 will be organized in
(a) Italy (b) Brazil (c) South Africa
(d) Britain (e) None of these
38. As per the reports published in the newspapers, which of the following countries is first in the production of gold jewellery?
(a) China (b) India (c) Turkey
(d) Italy (e) None of these
39. Mr Ramjrishna Suryabhanji Gavai has recently taken over as the Governor of
(a) West Bengal (b) Madhya Pradesh (c) Punjab
(d) Bihar (e) None of these
40. Who amongst the following was adjudged best actress in the 7th IIFA Award ceremony held in Dubai?
(a) Lara Dutta (b) Priyanka Chopra (c) Kajol
(d) Rani Mukherjee (e) None of these
41. Who amongst the following is the first Chairman of the newly constituted National Statistical Commission?
(a) Prof. Suresh D Tendhulkar (b) Dr. Ashok Lahiri
(c) Dr. Rakesh Mohan (d) Prof. SK Ghosh
(e) None of these
42. Mr Percy Sonn, who is the newly appointed President of the International Cricket Council (ICC), if from which of the following countries?
(a) South Africa (b) Britain (c) New Zealand
(d) Australia (e) None of these
43. Madhya Pradesh and Rajasthan states are planning to link which of the following two rivers?
(a) Chambal-Betwa (b) Narmada-Chambal (c) Narmada-Kali Sindh
(d) Chambal-Kali Sindh (e) None of these
44. Which of the following countries recently test-fired a series of missiles?
(a) Russia (b) South Korea (c) North Korea
(d) France (e) None of these
45. Who amongst the following is the author of the book Bearder-My Life in Cricket?
(a) Shane Warne (b) Bill Frindall (c) Brain Lara
(d) Imran Khan (e) None of these
46. India along with which of the following countries is planning to launch Chandrayaan I?
(a) Russia (b) France (c) USA
(d) China (e) None of these
47. The Fifth D-8 Summit of Developing Nations was organized recently in
(a) Indonesia (b) India (c) Brazil
(d) Malaysia (e) None of these
48. India recently signed an MoU on Military Ties with which of the following countries?
(a) UK (b) USA (c) China
(d) Italy (e) Russia
49. Which of the following countries is NOT one of the four former Soviet States who have jointly formed a forum “Organisation for Democracy and Economic Development GUAM”?
(a) Georgia (b) Ukraine (c) Croatia
(d) Azerbaijan (e) Moldova
50. Which of the following countries has awarded congressional Gold Medal to Dalai Lama, Tenzin Gyatso?
(a) Britain (b) France (c) Italy
(d) USA (e) None of these
ANSWERS
1. (d)
2. (a)
3. (a)
4. (b)
5. (a)
6. (d)
7. (a)
8. (b)
9. (a)
10. (a)
11. (b)
12. (d)
13. (c)
14. (e)
15. (d)
16. (e)
17. (e)
18. (c)
19. (b)
20. (c)
21. (e)
22. (a)
23. (a)
24. (d)
25. (a)
26. (b)
27. (c)
28. (c)
29. (b)
30. (a)
31. (a)
32. (b)
33. (e)
34. (d)
35. (b)
36. (e)
37. (c)
38. (b)
39. (d)
40. (d)
41. (a)
42. (a)
43. (d)
44. (c)
45. (b)
46. (c)
47. (a)
48. (b)
49. (c)
50. (d)
(a) 15% (b) 12% (c) 10%
(d) 5% (e) None of these
2. As per the reports published recently in the newspapers, banks surpassed the target set for farm credit in 2005-06. How much more credit was given to this sector in terms of percentage?
(a) 15% (b) 20% (c) 26%
(d) 33% (e) 43%
3. The Government of India recently extended the deadline for telecom companies to comply with the new FDI norms by another three months. Which is the new deadline?
2nd October, 2006 (b) 30th October, 2006 (c) 15th November, 2006
(d) 30th November, 2006 (e) None of these
4. As per the reports published in the newspapers, the National Housing Bank (NHB) is planning to launch a Reverse Mortgage scheme specially to help which of the following sections of society?
(a) People in rural India
(b) Senior citizens
(c) People living in Govt accommodations
(d) Women who are sole breadwinners
(e) None of these
5. Which of the following companies has got two contracts to establish two power projects in Afghanistan?
(a) Bharat Heavy Electricals (BHEL)
(b) National Hydroelectric Power Corporation (NHPC)
(c) National Thermal Power Corporation (NTPC)
(d) Reliance Energy Ltd
(e) None of these
6. The final match of the Uber Cup badminton 2006 was played between China and
(a) Japan (b) Denmark (c) Italy
(d) The Netherlands (e) None of these
7. Which of the following organizations/agencies recently prepared a charter of the Banking Codes and Services? (All banks are required to sign the same)
(a) Indian Bank Association (IBA)
(b) Indian Institute of Banking & Finance (IIBF)
(c) All India Bank Employees' Union
(d) Reserve Bank of India (RBI)
(e) None of these
8. A four-day Ministerial level meeting of G-20 and G-33 countries was held in June 2006 in
(a) Hong Kong (b) Beijing (c) New Delhi
(d) Jakarta (e) Geneva
9. Why was the name of SY Quereshi recently in news?
(a) He is the new Election Commissioner of India.
(b) He is the new Foreign Secretary, Govt. of India.
(c) He will be our new Permanent Representative in the UNO.
(d) He is India’s new Permanent Representative in the World Trade Organisation
(e) None of these
10. Govt. of India recently introduced sortie measures/incentives to improve tourism in India. Which of the following is one of these measures?
(a) Issuance of electronic visa
(b) Free stay for three days and Govt. hotels in four metros for business travelers and frequent flyers
(c) Highly subsidized air travel on metro routes for frequent flyers
(d) Free trip to Agra, Delhi and Jaipur to those coming on education/study tours
(e) None of these
11. Women in which of the following OPEC countries participated in elections for the first time? (Elections were held recently)
(a) UAE (b) Kuwait (c) Iran
(d) Saudi Arabia (e) None of these
12. Which of the following agencies recently laid down guidelines for foreign companies who wish to raise money from the Indian capital markets?
(a) RBI (b) IRDA (c) Registrar of Companies
(d) SEBI (e) None of these
13. The Government of India recently advised which of the following to have uniform accounting standards and also to amortize premium on their investment without fail?
(a) Provident Fund Companies (b) Mutual Fund Operators
(c) Co-operative Banks (d) Insurance Companies
(e) None of these
14. SEBI recently decided to give an exemption to some companies from the requirement of the minimum 25 per cent public shareholding. Companies exempted from such requirement should fulfil which of the following norms?
(1) They should have market capitalization of Rs. 1,000 crore.
(2) They should have 20 million shares listed.
(3) They should have a turnover of Rs. 400 crore per annum.
(a) Only (1) (b) Only (2) (c) Only (3)
(d) (1) & (3) both (e) (1) & (2) both
15. Which of the following organizations/agencies has agreed to setup an ‘Institute in India to Train Manpower in commodities?
(a) World Bank (b) Asian Development Bank
(c) International Monetary Fund (d) New York Stock Exchange
(e) None of these
16. More and More banks in India these days are setting up their ATMS and discourage people to visit their branches for transaction. Which of the following is/are the limitation(s) of the ATMs which force people to got to branch for transactions?
(1) Lack of human interface (2) Communication gap
(3) Limited cash dispensing ability
(a) Only (1) (b) Only (2) (c) Only (3)
(d) (1) & (2) both (e) (1), (2) & (3) all
17. How much amount can the Postal Department invest in revenue-generating instruments and/or stock market to reduce its budgetary deficit? (amount is from its insurance schemes)
(a) Rs. 1,400 crore (b) Rs. 2,500 crore (c) Rs. 4,500 crore
(d) Rs. 7,400 crore (e) Rs. 10,000 crore
18. The Non-Profit Companies which were unlisted but have accessed Foreign Currency were asked to get themselves listed within three months or latest by March 31, 2006. This rule is now relaxed and such companies can get listed in a period of
(a) 1 years (b) 2 years (c) 3 years
(d) 5 years (e) 10 years
19. Which of the following countries won World team table tennis championship 2006 for men and women both?
(a) Japan (b) China (c) Hong Kong
(d) Germany (e) USA
20. The Government of India recently cleared Rs. 1,00,000 crore of investment in Special Economic Zones (SEZs). The investment will be helpful in many way. Which of the following is/are among such benefits?
(1) About 40,000 hectares of the land will be converted into SEZs.
(2) About 5,00,000 people will get various types of jobs in those units.
(3) Export of agro products would get an enormous boost as all such SEZ units are to be established for agro exports only.
(a) 1 and 2 both (b) Only 1 (c) Only 2
(d) Only 3 (e) 1, 2 and 3 all
21. Which of the following is NOT one of the core areas identified under the Bharat Nirman Programme?
(a) Irrigation (b) Rural electrification (c) Drinking water supply
(d) Rural Housing (e) Computer education in Schools
22. The World Sports Award ceremony was held recently in
(a) Spain (b) Italy (c) France
(d) Germany (e) Canada
23. All day-to-day functions of the Panchayat in which of the following states are being operated on electronic system and are web-based? (This is being done for the first time in India for a panchayat)
(a) Kerala (b) Karnataka (c) Andhra Pradesh
(d) Maharashtra (e) None of these
24. Marion Jones is a well-known
(a) Badminton player (b) Tennis player (c) Golfer
(d) Athlete (e) None of these
25. Who amongst the following is the author of the book The City of Joy?
(a) Dominique Lapierre (b) Guenter Grass (c) Daniel Steele
(d) Graham Greene (e) None of these
26. Why was Vijay Nambiar’s name recently in the news?
(a) He has taken over as the new Cabinet Secretary, Govt of India.
(b) He will be our permanent representative in the UNO.
(c) He has taken over as the Undersecretary-General in the UNO.
(d) He is new Foreign Secretary, Govt. of India.
(e) None of these.
27. Which of the following cups/trophics is associated with the game of volleyball?
(a) Indian Cup (b) Ramanujam Trophy (c) Lincoln Trophy
(d) Dhyanchand Trophy (e) Him Gold Cup
28. The Basel II Accord for Banking Industry is based on three pillars. Which of the following is/are NOT included in the same?
(1) Minimum Capital Requirement (2) Supervisory Review
(3) Market Discipline (4) Credit Risk
(a) Only 1 (b) Both 1 and 3 (c) Only 4
(d) Only 1, 2 and 3 (e) None of these
29. Alan Garcia, whose name was recently in the news, is the
(a) Prime Minister of Peru (b) President of Peru
(c) Prime Minister of Italy (d) President of Italy
(e) None of these
30. In which of the following states one village in each block is being developed as a model village?
(a) Jammu & Kashmir (b) Himachal Pradesh (c) Karnataka
(d) Tamil Nadu (e) None of these
31. ‘Sheqel’ is the currency of
(a) Israel (b) Kenya (c) Iraq
(d) Iran (e) None of these
32. Which of the following is True about Prime Minister’s Rozgar Yojana (PMRY)?
(1) Youth of the age of 18-45 years are eligible for taking loan under the scheme.
(2) Loans are possible only for non-agricultural activities in rural/semi-urban areas.
(3) In the 10th plan about 16.5 lakh persons are likely to get employment under this scheme.
(a) Only 1 (b) Only 2 (c) Both 1 and 3
(d) Only 3 (e) All 1, 2, and 3
33. Which of the following terms is NOT related with the game of hockey?
(a) Soda line (b) Tie-breaker (c) Hat-trick
(d) Half-Volley (e) Follow-on
34. Indian exports recorded an increase in May 2006. What was the increase in terms of percentage?
(a) 15% (b) 20% (c) 25%
(d) 30% (e) 35%
35. Which of the following countries has the largest stock of foreign exchange reserves in the world?
(a) USA (b) China (c) Japan
(d) India (e) None of these
36. The 9th National e-Governance Conference was recently organized in
(a) New Delhi (b) Jaipur (c) Mumbai
(d) Bangalore (e) Kochi
37. FIFA World Cup 2010 will be organized in
(a) Italy (b) Brazil (c) South Africa
(d) Britain (e) None of these
38. As per the reports published in the newspapers, which of the following countries is first in the production of gold jewellery?
(a) China (b) India (c) Turkey
(d) Italy (e) None of these
39. Mr Ramjrishna Suryabhanji Gavai has recently taken over as the Governor of
(a) West Bengal (b) Madhya Pradesh (c) Punjab
(d) Bihar (e) None of these
40. Who amongst the following was adjudged best actress in the 7th IIFA Award ceremony held in Dubai?
(a) Lara Dutta (b) Priyanka Chopra (c) Kajol
(d) Rani Mukherjee (e) None of these
41. Who amongst the following is the first Chairman of the newly constituted National Statistical Commission?
(a) Prof. Suresh D Tendhulkar (b) Dr. Ashok Lahiri
(c) Dr. Rakesh Mohan (d) Prof. SK Ghosh
(e) None of these
42. Mr Percy Sonn, who is the newly appointed President of the International Cricket Council (ICC), if from which of the following countries?
(a) South Africa (b) Britain (c) New Zealand
(d) Australia (e) None of these
43. Madhya Pradesh and Rajasthan states are planning to link which of the following two rivers?
(a) Chambal-Betwa (b) Narmada-Chambal (c) Narmada-Kali Sindh
(d) Chambal-Kali Sindh (e) None of these
44. Which of the following countries recently test-fired a series of missiles?
(a) Russia (b) South Korea (c) North Korea
(d) France (e) None of these
45. Who amongst the following is the author of the book Bearder-My Life in Cricket?
(a) Shane Warne (b) Bill Frindall (c) Brain Lara
(d) Imran Khan (e) None of these
46. India along with which of the following countries is planning to launch Chandrayaan I?
(a) Russia (b) France (c) USA
(d) China (e) None of these
47. The Fifth D-8 Summit of Developing Nations was organized recently in
(a) Indonesia (b) India (c) Brazil
(d) Malaysia (e) None of these
48. India recently signed an MoU on Military Ties with which of the following countries?
(a) UK (b) USA (c) China
(d) Italy (e) Russia
49. Which of the following countries is NOT one of the four former Soviet States who have jointly formed a forum “Organisation for Democracy and Economic Development GUAM”?
(a) Georgia (b) Ukraine (c) Croatia
(d) Azerbaijan (e) Moldova
50. Which of the following countries has awarded congressional Gold Medal to Dalai Lama, Tenzin Gyatso?
(a) Britain (b) France (c) Italy
(d) USA (e) None of these
ANSWERS
1. (d)
2. (a)
3. (a)
4. (b)
5. (a)
6. (d)
7. (a)
8. (b)
9. (a)
10. (a)
11. (b)
12. (d)
13. (c)
14. (e)
15. (d)
16. (e)
17. (e)
18. (c)
19. (b)
20. (c)
21. (e)
22. (a)
23. (a)
24. (d)
25. (a)
26. (b)
27. (c)
28. (c)
29. (b)
30. (a)
31. (a)
32. (b)
33. (e)
34. (d)
35. (b)
36. (e)
37. (c)
38. (b)
39. (d)
40. (d)
41. (a)
42. (a)
43. (d)
44. (c)
45. (b)
46. (c)
47. (a)
48. (b)
49. (c)
50. (d)
