Current Affair( Sep-Oct 2011) on Business & Economy for IBPS Clerical- 2011

Current Affair( Sep-Oct 2011) on Business & Economy for IBPS Clerical- 2011 

1. According to the 2010-11 advance estimates released by the Central Statistics Office (CSO), the agriculture and allied sector accounted for what percent of the Gross Domestic Product (GDP) (Base year 2004-05)?
a. 16.7% b. 15.5% c. 14.2% d. 12.6%

2. The World Bank recently extended a $200 million loan to  which of the following states for improving basic infrastructure facilities in urban and rural 

areas?

a. Bihar b.  Rajasthan c.  Kerala d.  Punjab

3. According to the 2011-12 budget, the 'India Microfi nance Equity Fund' of  Rs.100 crore is created with a renowned government agency. The name of that agency is:

a. NHB b.  NABARD  c.  SIDBI d.  RRB


4. What does the letter 'A' stands in the term LAF?
a. Adjustment  b. Appropriation  c. Amalgmation d. Amortization


5. Wipro BPO, the business process outsourcing arm of Wipro Technologies, recently opened its fi rst rural centre in which of the following states?
a. Karnataka b. Tamil Nadu c. Odisha d. Maharashtra


6. Which neighbor country recently agreed to grant Most Favoured Nation status to India?
a. Bhutan b. Nepal c. Pakistan d. Afghanistan


7. According to global business  information provider Dun and Bradstreet, which of the following states is poised to emerge as a major economic force in the country due to sustained efforts being made by this state?
a. Uttar Pradesh b. Madhya Pradesh c. Punjab d. Tamil Nadu


8. Which, among the following banks, is mulling an entry into four Asian cities by opening overseas branches with a view towards increasing its international footprint?
a. Punjab National Bank b. Allahabad Bank c. Indian Overseas Bank d. South India Bank


9. Who, among the following people, has been conferred with the degree of Doctor of Science (Honoris Causa) by the Indian Institute of Technology, Kharagpur?
a. Ratan Tata b. Mukesh Ambani c. Sunil Mittal d. Sachin Tendulkar


10. Which power company recently  announced a partnership with the Korea East-West Power Co, a Korean government company, for setting up power plants with a combined capacity of up to 6000 megawatt?
a. Sahara India Power  Corporation b. Reliance Power c. Tata Power d. NTPC


11. Vedanta Group firm Sesa Goa will stop mining in which of the following states with immediate effect following the Supreme Court's order?
a. Orissa b. Andhra Pradesh c. Karnataka d. Rajasthan


12. Who will become the President  of Standard & Poor with effect  from September 12?
a. Dellep Nayar b. Douglas Peterson c. Michelle Roberto d. Jonathan Dennison


13. The National Clean Energy Fund  has been created by introducing  clean energy cess on coal produced in India at a nominal rate of:
a.  Rs.50 /Kg  b. Rs.100 /Kg  c.Rs.200 /Kg   d.Rs.10 /Kg
14. Recently, India signed a Memorandum of Understanding on manpower - revising existing mechanisms to protect the interests of Indian workers - with which of the following countries?
a. UAE b. Saudi Arabia c. Australia d. Indonesia


15. Which of the following leading drug majors said it had drawn up an ambitious plan to spend nearly 200 million yen (over Rs10 crore) to sponsor mobile healthcare field clinics in India?
a. Ranbaxy b. Cipla c. Cadila d. Aventis


16. How many Indian companies  are ranked among the top 200 Asia-Pacific corporations in Forbes Asia's Best under a Billion list for this year?
a.  20 b.  25 c.  30 d.  35


17. KG Basin is known for the availability of:
a. Natural gas b. Mercury c. Coal d. Diamonds


18. What is the target for growth rate set in the 12th fi ve year plan of India?
a. 9-9.5%   b. 9.5-10%  c. 10-10.5% d. 10.5-11%


19. State Government of which  of the following states is formulating an action plan to achieve total literacy by 2013?
a. Andhra Pradesh b. Kerala c. Karnataka d. Tamil Nadu


20. According to the seismic map  prepared by the Bureau of Indian Standards, what percentage area of the country falls into earthquake zone V (very  high risk), IV (high risk) and III  (moderate risk)?
a. 20.5% b. 35.7% c. 47.8%  d. 58.6%


21. . Which of the following cities  is going to host World Water  Summit in February 2012?
a. New Delhi b. Mumbai  c. Bengaluru  d. Chennai


22. Online media company Yahoo has fired its Chief Executive Of-ficer. His name is:
a. Carol Bartz  b. Bill Gamell c. Sidney Homes  d. Gilbert Blith


23. The United Nations Conference on Trade and Development  (UNCTAD) has projected which country as the fastest growing economy?
a. India  b. China  c. United States  d. Russia


24.  The Ceylon Electricity Board (CEB) and NTPC signed a joint venture and shareholder agreement to set up a 500-MW (2 x 250 MW) coal-based power plan in which of the following countries?
a. Sri Lanka b. India c. Nepal d. Bhutan


25.  DU Sastry who recently passed  away, was a famous:
a. Economist  b. Traveller c. Investment banker d. Business correspondent





ANSWERS:
1. c. 14.2%
2. c. Kerala
3. c. SIDBI
4. a. Adjustment
5. b. Tamil Nadu
6. c. Pakistan
7. b. Madhya Pradesh
8. b. Allahabad Bank
9. c. Sunil Mittal
10. a. Sahara India Power Corp.
11. c. Karnataka
12. b. Douglas Peterson
13. a. Rs. 50 /Kg
14. a. UAE
15. a. Ranbaxy
16. d. 35
17. a. Natural gas
18. a. 9-9.5%
19. a. Andhra Pradesh
20. d. 58.6%
21. c. Bengaluru

22. a. Carol Bartz
23. b. China
24. a. Sri Lanka
25. a. Economis