Practice Quiz on Current (Business) Affairs 2012

GENERAL AWARENESS PRACTICE QUIZ

1. Which countriy is the world's largest producer and exporter of uranium?
a Australia
b Kazakhstan
c Canada
d France
2. Who was awarded the CNR Rao national prize in chemical sciences for the year 2012-13?
a S Chandrasekhar
b V Surya Prakasa Rao
c JK Bera
d AK Sood
3. Recently, the Leader of the Opposition in the Lok Sabha, Sushma Swaraj, handed over a railway project built with Indian assistance to which of the following countries?
a Bangladesh
b Sri Lanka
c Bhutan
d Nepal
4. Football club Livorno's midfielder Piermario Morosini died after collapsing on the pitch during a game. Which country did he belong to?
a Portugal
b Germany
c Uruguay
d Itay
5. Former Special Protection Group SPG chief B Wanchoo recently has been appointed as the Governor of:
a Goa
b Uttarakhand
c Rajasthan
d Andhra Pradesh
6. What is the range of the Agni-V missile?
a 3000 km
b 3500 km
c 5000 km
d 6000 km
7. Which High Court has upheld the validity of a decision taken by the Indian Banks Association to not give educational loan to students who had secured less than 60% in qualifying examinations and then secured seats in private colleges under the management quota?
a Madras High Court
b Delhi High Court
c Allahabad High Court
d Gujarat High Court
8. President Salva Kiir has ordered the immediate withdrawal of his troops from the contested Heglig oil field. Salva Kiir is the President of:
a Brazil
b South Sudan
c Bolivia
d Ethiopia
9. Wilson Kipsang won the London Marathon. He belongs to:
a Kenya
b Ethiopia
c Jamaica
d Uganda
10. Who won the Barcelona Open men's tennis tournament 2012?
a David Ferrer
b Fernando Verdasco
c Milos Raonic
d Rafael Nadal
11. IIT-Kharagpur has recently signed a memorandum of understanding with a state government to open an extension centre to impart quality improvement and knowledge upgrade training to university and college teachers. Name the state.
a Chhattisgarh
b Jharkhand
c Bihar
d Odisha
12. Who among the following is the current chief of DRDO?
a M Natarajan
b VK Saraswat
c R Sreehari Rao
d S Sundaresh
13. The National AIDS Control Organisation NACO and the Karnataka State AIDS Control Society have launched a single-window project in four districts of Karnataka to facilitate social protection and deliver social entitlements for people living with HIV. Name the project?
a Swavlamban
b Utthan
c Utkarsha
d Nirbhay
14. In a significant decision, the National Green Tribunal NGT has set aside the Environmental Clearance granted to the 4 MTPA Coal Mining Project of Jindal Steel and Power Ltd and 4 MTPA Coal Washery on grounds of faulty public hearing. These projects were located in which of the following states?
a Chhattisgarh
b Odisha
c Jharkhand
d Karnataka
15. Which country accounted for 47% of global measles deaths in 2010?
a Pakistan
b India
c Bangladesh
d Uganda
16. Which insurance company is planning to come out with a new product that will extend coverage to HIV positive and AIDS patients?
a National Insurance Company Limited NICL
b Apollo Munich Health Insurance
c ICICI Lombard
d United India Insurance Co Ltd
17. SunEdison, a worldwide solar energy services provider, announced the activation of a 25 MW solar photovoltaic PV power plant located within a multi-developer, multi-facility solar park in:
a Rajasthan
b Gujarat
c Haryana
d Maharashtra
18. Justice Ranjan Gogoi has been sworn in as a Supreme Court judge, raising the strength of the apex court to 27. He was the former Chief Justice of:
a Punjab and Haryana High Court
b Guwahati High Court
c Calcutta High Court
d Madras High Court
19. Which of the following countries is planning to install two coastal nuclear power plants, each with the capacity to generate 1000MW?
a India
b Pakistan
c Iran
d North Korea
20. Which among the following satellites is the heaviest satellite of India till date?
a RISAT-1
b RESOURCESAT-1
c CARTOSAT-1
d INSAT-4G
21. Which of the following countries recently allowed imports of basmati rice from India?
a Japan
b South Korea
c China
d Pakistan
22. A Karnataka High Court-appointed committee on malnutrition among children will submit a report to Chief Justice Vikramjit Sen by 15 June. The committee is headed by:
a NK Patil
b BL Patil
c M Srinivasan
d B Sivaraman
23. ‘Fortune at the Bottom of the Pyramid’ is a book written by:
a CK Prahlad
b Amartya Sen
c Stephen J Dubner
d Sudeep Reddy
24. Which of the following Indian films has been nominated for the Cannes Film Festival 2012?
a Miss Lovely
b Ra One
c The Dirty Picture
d Pan Singh Tomar
25. Which state governments has banned the use of the expression, ‘handicapped'?
a Haryana
b New Delhi
c Kerala
d West Bengal
26. After the successful launch of the Agni-V missile, India has become one of the nations with Inter-Continental Ballistic Missile ICBM technology. Which of the following countries do not have the ICBM technology?
a US
b Russia
c China
b Germany
27. According to the latest data of the Stockholm International Peace Research Institute SIPRI, which of the following countries was the world's largest arms importer between 2007- 2011?
a Pakistan
b China
c South Korea
d India
28. Which of the following female actors will act as a brand ambassador on public hygiene issues?
a Katrina Kaif
b Vidya Balan
c Madhuri Dixit
d Karina Kapoor
29. Which one of the following persons has been recently elected as the al-India president of the Progressive Writers Association?
a Ponneelan
b Amrita Pritam
c Vijaydan Detha
c Habib Tanvir
30. Ace tennis player and Rajiv Gandhi Khel Ratna awardee, Leander Paes, will be the Sports Ambassador of:
a Andhra Pradesh
b Kerala
c Haryana
d Gujarat
31. Which of the following state's Chief Minister was recently named as one of the 100 most influential people of the world by 'Time magazine'?
a Gujarat
b New Delhi
c Bihar
d West Bengal
32. In which state has the Atomic Energy Commission of India commissioned a uranium ore mine and processing plant set up by the Uranium Corporation of India?
a Karnataka
b Andhra Pradesh
c Madhya Pradesh
d Jharkhand
33. Who among the following is the current chairman of the Bar Council of India BCI?
a Ashok Parija
b Manan Kumar Mishra
c Zafar Ahmed Khan
d Shri Gopal Subramanium
34. Who won the 'Sulabh Kala Sarjak Samman' award - instituted by Sulabh International?
a Virendra Prabhakar
b Karan Thapar
c Rajdeep Sardesai
d Dr Prannoy Roy
35. ‘How to fight Islamist terror from a missionary position’ is a book written by:
a Shashi Tharoor
b Urvashi Butalia
c Tabish Khair
d Salman Rushdie
Score = Correct answers:

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Functions Of Reserve Bank Of India

Function Of Reserve Bank Of India

The RBI established by RBI Act 1934 in 1935 and nationalized in 1949 is the central banking and monetary authority of India. It acts as a regulator and supervisor of the Banks.
• Every country has its own central bank such as Federal Reserve of United States.
• Please note that most of the central banks of the world were established during the early 20th century and RBI was one of them. Following is the list of the establishment of some of the major banks in the world.
• Federal Reserve Bank of United States was established via Federal Reserve Act 1913
• Bank of England is the oldest established central bank among the major countries. It was established in 1694 as a private entity and remained so till 1946 when it was nationalized.
• The central Bank of China is People's Bank of China and it was established in 1948
• One more older bank is Banque de France , the Central Bank of France which was established in 1800.


Following are major functions of RBI:
• Currency authority
• Control of Money supply and credit
• Management of Forex
• As banker to the government
• Maintenance of India's financial infrastructure
• Banker of the banks
• Supervision of the Banks.


In the commercial Banking system, the two functions of RBI viz. Banker of the Banks and Supervision are very important. As the Banker's Bank , RBI carries out the following functions:


• Holds a part of the Cash Reserves of the banks
• Short term lending
• Centralized clearing facilities.


LORL:RBI is known as Lender of Last Resort because, banks are supposed to meet their shortfalls of cash from other sources and if the other sources don't meet the demand, then they approach RBI.


CRR:CRR is Cash Reserve Ratio , the share of the liquid cash that the banks have to keep with the RBI. Current CRR 6%.


Supervisory Functions :These functions are related to banking license, branch expansion, liquidity, management and working methods, amalgamation, reconstruction and liquidation.

100 Multiple Choice Questions on Geography

1. What is 'Watergate'?
   1. A gate of dam across Mississippi
   2. A dam across Hudson river
   3. Scandal in which President Richard Nixon got entangled
   4. A five star hotel in Los Angeles
2. What is the name of the building which holds the principal US bullion depository
   1. Fort Atkinson
   2. Fort Collins
   3. Fort Knox
   4. Jodrell Bank
3. Which country produces the maximum sugar in the world
   1. USA
   2. India
   3. Cuba
   4. Brazil
4. What is the capital of Morocco
   1. Muscat
   2. Managua
   3. Ulan Bator
   4. Rabat
5. 'Death Valley' is located in
   1. California US
   2. Kerala, India
   3. Israel
   4. Saudi Arabia
6. 'Yurts' are
   1. A nomadic tribe of the Middle East
   2. A type of milk preparation
   3. A tent of animal skins of the monadic tribes of Central Asia
   4. A type of land form found in deserts
7. 'Galileo Satellites', named after their discoverer, are four large moons of the planet
   1. Jupiter
   2. Neptune
   3. Saturn
   4. Uranus
8. “With the disintegration of USSR towards the end of 1991, comprises …… Unions Republics
   1. 15
   2. 10
   3. 5
   4. 25
9. 'Old Faithful' is a
   1. Geyser in the US
   2. Volcano in Hawaii
   3. Waterfall in Venezuela
10. Which of the following types of coal contains over 90 per cent carbon and is smokeless?
    1. Anthracite
    2. Bituminous coal
    3. Lignite
    4. Peat
11. 'Willy willies' are tropical revolving storm in
    1. Western arctic Ocean
    2. Atlantic Ocean
    3. Antarctic Ocean
    4. North-west Australian waters
12. …… and …… are sometimes referred to as the 'low countries' of Europe.
    1. Denmark, Sweden
    2. England, Ireland
    3. Netherlands, Belgium
    4. Germany, France
13. …… is sometimes referred to as 'the land of white elephants'.
    1. Tanzania
    2. India
    3. Thailand
    4. Sri Lanka
14. 90 percent loss from floods occurs in the
    1. Coastal plains
    2. Deccan plateau
    3. North plains
    4. None of the above
15. A bowl-shaped depression created by glacial erosion is called a
    1. Tallus
    2. Cirque
    3. Hanging trough
    4. Tarn
16. A cataract is a
    1. Huge waterfall
    2. Marshy creek
    3. Mountain pass
    4. Currency
17. A comet
    1. Has a tail always pointing away from the Sun
    2. Has a tail, always pointing away towards the Sun
    3. Has a tail, sometimes pointing towards the Sun and sometimes away from it
    4. Has no tail at all
18. A cyclone is a system of wind in which the wind blows spirally
    1. Towards the centre of low pressure
    2. Towards the central region of high pressure
    3. Towards a region of low pressure
    4. Outwards from a central region of high pressure
19. A day is added when a man crosses the international Date Line from
    1. North to south
    2. East to west
    3. North to east
    4. South to west
20. A hot dry summer, mild winter with moderate rainfall and ample sunshine characterize the …… climate.
    1. Mediterranean
    2. Taiga
    3. West European
    4. Subtropical Steppe
21. Colombo is the capital of
    1. Japan
    2. China
    3. Sri Lanka
    4. Thailand
22. Comets are luminous celestial bodies moving round the …
    1. Sun
    2. Moon
    3. Earth
    4. Jupiter
23. Commercial fishing is best developed in
    1. China
    2. Japan
    3. South Korea
    4. Russia
24. Compared to other slopes in the northern hemisphere which is the warmest?
    1. East facing
    2. South facing
    3. North facing
    4. West facing
25. Congo is situated on the …… coast of Africa
    1. North
    2. South
    3. West
    4. East
26. 'Gate of Tears' is
    1. Aberdeen (Scotland)
    2. Bab-el-mandab (Jerusalem)
    3. Prairies (Australia)
    4. Pamirs (Central Asia)
27. 'Land of the Morning Calm' refer to
    1. Japan
    2. Korea
    3. Taiwan
    4. The Netherlands
28. 'Sick Man of Europe' is the nick name for
    1. Rome
    2. Turkey
    3. Italy
    4. Oxford
29. African name of Rhodesia which is dominated by white minority is
    1. Zomba
    2. Zimbabwe
    3. Zaire
    4. Zanzibar City
30. Bauxite is an important of
    1. Aluminum
    2. Zinc
    3. Copper
    4. Mica
31. Belize was formerly known as
    1. British Honduras
    2. Nicaragua
    3. Aksai Chin
    4. Malvinas
32. Cambodia was earlier known as
    1. Mauritania
    2. Persia
    3. Kampuchea
    4. None of these
33. Coal is an essential energy resource for industries. However, some countries have been able to achieve industrialization without depending on coal as a source of energy. For example
    1. Poland and Switzerland
    2. Switzerland and Holland
    3. Sweden and Italy
    4. None of these
34. Day and night are the result of
    1. Earth's rotation around its axis
    2. Earth's revolution
    3. Earth's rotation accompanied with its revolution
    4. None of these
35. Day and nights are at equal duration at
    1. The tropic of cancer alone
    2. Equator alone
    3. The Tropic of Capricorn alone
    4. All paralisis is latitude
36. Dakshin Gangotri is a/an ……
    1. River-valley in Andhra Pradesh
    2. Unnamed station located in the Antarctic for continuous weather and scientific recordings
    3. Second source of the River Ganga
    4. Island in the Indian ocean near Antarctica
37. Earthquakes are caused by
    1. Tetonism
    2. Denudation
    3. Earth revolution
    4. Earth's rotation
38. El Nino is
    1. Associated with world weather
    2. An African language
    3. An erosional flurial feature
    4. A river in south Africa
39. How many days does the moon take to revolve round the earth
    1. 26⅓
    2. 27⅓
    3. 28⅔
    4. 29½
40. Largest island in the world is
    1. Australia
    2. Greenland
    3. New Guinea
    4. None of these
41. London is located at 0° while Baghdad at 45° east. If a news is broad cast from London at 10.00 a. m. at what time it will heard at Baghdad
    1. 11.30 a.m.
    2. 2.00 a.m.
    3. 1.00 p.m.
    4. 12.30 p.m.
42. Loti is the currency of
    1. Burundi
    2. Libya
    3. Sudan
    4. Lesotho
43. Match the following
    1. City of Golden - 1. Belgium
    2. Forbidden City - 2. Ireland
    3. Emerald Island - 3. Lhasa
    4. Cockpit of Europe - 4. San Francisco
44. Mount Everest is located in
    1. India
    2. China
    3. Nepal
    4. Bhutan
45. On which of the cities was the first atomic bomb dropped by the United States in 1945?
    1. Berlin
    2. London
    3. Hiroshima
    4. Paris
46. Petroleum deposits in India are found chiefly in
    1. Granite
    2. Basalt
    3. Metamorphic rocks
    4. Sedimentary rocks
47. Rhodesia's new name is
    1. Zaire
    2. Zimbabwe
    3. Tanzania
    4. Swaziland
48. Rubber is a product of
    1. Plantation agriculture
    2. Mixed agriculture
    3. Mediterranean agriculture
    4. Special horticulture
49. Seychelles is located in the
    1. Pacific Ocean
    2. Indian Ocean
    3. Atlantic Ocean
    4. Mediterranean Sea
50. Switzerland is famous for Swiss watches. What is the Capital of this country?
    1. Geneva
    2. Vevey
    3. Lausanne
    4. Berne
51. The capitals of Libya, Ghana and Kenya respectively are
    1. Lagos, Nairobi, Accra
    2. Lagos, Accra, Nairobi
    3. Lagos, Nairobi, Oslo
    4. Tripoli, Accra, Nairobi
52. The earth completes one rotation on its axis in
    1. 23h 30 min
    2. 23h 56 min. 4.9s
    3. 24h
    4. 23h 10min 2s
53. The earth is
    1. Spherical
    2. Elliptical
    3. Oblate Spheroid
    4. Prolate Spheroid
54. The earth is elliptical because of its
    1. Revolution round the sun
    2. Gravitational force
    3. Centrifugal force of rotation
    4. Inclination on its own axis
55. The equatorial radius of the earth is approximately
    1. 12,700 km
    2. 6,900 km
    3. 6,400 km
    4. 11,600 km
56. The largest mica producing country in the world?
    1. USA
    2. India
    3. Russia
    4. Japan
57. The latitude AA' on the map represents
    1. Tropic at cancer
    2. Tropic at Capricorn
    3. Equator
    4. None of these
58. The layer of atmosphere close to the earth's surface is called
    1. Exosphere
    2. Ionosphere
    3. Stratosphere
    4. Troposphere
59. The longest canal in the world is
    1. Volga Baltic
    2. Beloye-More Baltic
    3. Suez Canal
    4. Grand China canal
60. The most abundant element in the earth's atmosphere is
    1. Argon
    2. Nitrogen
    3. Oxygen
    4. Krypton
61. The polar diameter of the earth is shorter than its equatorial diameter by
    1. 25km
    2. 80km
    3. 43km
    4. 30km
62. The second highest mountain peak in the world is
    1. Nanga Parvat
    2. Nanda Devi
    3. Andes
    4. Godwin Austin
63. The second largest island in the world is
    1. New Guinea
    2. Madagascar
    3. Great Britain
    4. Victoria
64. Tropical cyclone storms occurring in Philippines Japan and China seas are known as
    1. Tornado
    2. Thunder Storms
    3. Typhoons
    4. Hurricane
65. What is the approximate circumference of the earth?
    1. 25,000 km
    2. 16,000 km
    3. 40,000 km
    4. 50,000 km
66. What is the shape of the earth's orbit around the sun?
    1. Circular
    2. Hyperbolic
    3. Elliptical
    4. Parabolic
67. Which country is called the 'Sugar Bowl of the World'?
    1. Cuba
    2. India
    3. Burma
    4. Norway
68. Which Country/currency/capital combination is wrong?
    1. Iran / Rial / Tehran
    2. Bulgaria / Lev / Sofia
    3. Korea / Won/ Seoul
    4. Mongolia / Kip / Ulan Bator
69. Which is the world's largest mountain range?
    1. Alps
    2. Himalaya - Karakoram
    3. Andes
    4. Tibet
70. Which of the following countries has the largest area in the world?
    1. Canada
    2. China
    3. USA
    4. Russia
71. Which of the following countries is known as 'Land of the Thunder Bolt'?
    1. Taiwan
    2. Tibet
    3. Bhutan
    4. Japan
72. Which of the following countries/capital combination is not correct
    1. Libya/Tripoli
    2. Malawi/Zomba
    3. Egypt/Cairo
    4. Chad/Bangui
73. Which of the following is an agricultural produce of Taiwan?
    1. Coffee
    2. Maize
    3. Rice
    4. Millets
74. Which of the following is the capital and seaport of Philippines?
    1. Manila
    2. Davao
    3. Zamboanga
    4. Quezon City
75. Which of the following is the largest river of the world?
    1. Nile
    2. Mississippi-Missouri
    3. Amazon
    4. Yangtze
76. Which of the following is/are the Asian agents of soil erosion?
    1. Wind and water
    2. Rocks
    3. Sand
    4. None of these
77. Which of the following river crosses the equator twice?
    1. Amazon
    2. Nile
    3. Congo
    4. Orinoco
78. Which of the following rivers has a bird's foot delta?
    1. The Amazon
    2. The Brahmaputra
    3. The Mississippi
    4. The Nile
79. Which of the following river has the largest basin?
    1. Congo
    2. Amazon
    3. Nile
    4. Ganges
80. Which of the following statements is correct concerning Bridgetown?
    1. Chief port of Guinea-Bissau
    2. Capital of Barbados, an island country in Atlantic ocean
    3. A famous seaport of Barbados
    4. None of these
81. Which one of the following country/capital/currency combination is correct?
    1. Botswana/Usumbura/Franc
    2. Bangladesh/Dhaka/Taka
    3. Jordan/Jerusalem/Dinar
    4. Guinea/Conakry/Drachma
82. Which one of the following is not a sedimentary rock?
    1. Peat
    2. Chalk
    3. Granite
    4. Lignite
83. Which one of the following towns is situated at the highest altitude?
    1. Lhasa
    2. Kathmandu
    3. Gartola
    4. Thimpu
84. Which pair is incorrect?
    1. Gift of the Nile: Egypt
    2. Holy Land: Palestine
    3. Hermit Kingdom: Japan
    4. Land of Lilies: Canada SBI/PO
85. Which river in the world carries the maximum volume of water?
    1. Amazon
    2. Nile
    3. Mississippi-Missouri
    4. None of these
86. Sun rises in the east and sets in the west due to the
    1. Shape of the Earth
    2. Revolution of the Earth around the Sun
    3. Rotation of the Earth on its axis
    4. Movement of the Sun
87. What are cyclones?
    1. Sudden, heavy floods
    2. No rain for a long duration
    3. Heavy showers
    4. Violent wind and rain
88. Which of the following explains why there is n total eclipse of the sun?
    1. Size of the sun in relation to the Moon
    2. Direction of rotation of the Earth round the Sun
    3. Orbit of the Moon around the Sun
    4. Size of the Earth in relation to the Sun
89. Match the following
    1. Atoll 1. Dew Point
    2. Crater 2. River
    3. Condensation 3. Volcano
    4. Denudation 4. Coral Reef
       -----------------------------------------------
    1. A-1, B-2, C-3, D-4
    2. A-4, B-3, C-2, D-1
    3. A-4, B-1, C-2, D-3
    4. A-4, B-3, C-1, D-2
90. Match the following
    1. Earthquake 1. Isohyte
    2. Rainfall 2. Bora
    3. Agulhas 3. Ocean Current
    4. Wind 4. Seismic Lines
       --------------------------------------------------
    1. A-3, B-4, C-1, D-2
    2. A-4, B-1, C-3, D-2
    3. A-2, B-3, C-4, D-1
    4. A-3, B-1, C-4, D-2
91. Indian Standard Time is associated with
    1. 82½° east longitude
    2. 180° west longitude
    3. 95° east longitude
    4. 90° west longitude
92. For a time difference of one hour the longitudinal distance is equal to
    1. 15°
    2. 30°
    3. 45°
    4. 60°
93. When it is 8 am on Wednesday at Greenwich
    1. It is 10.30 pm on Wednesday at London
    2. It is 6.25 am on Tuesday at New York
    3. It is 3 pm on Wednesday at Hong Kong
    4. It is 5 pm on Wednesday at Tokyo
94. IST is
    1. A uniform time adopted by all places in India
    2. The difference of time between two states
    3. The difference of time between two places
    4. None of these
95. The International Date Line passes through
    1. Exactly through 180° longitude
    2. Equator
    3. Approximately 180° east or west meridian
    4. Exactly 0° meridian
96. The IST is ahead of GMT by
    1. 2 h
    2. 5¼ h
    3. 5½ h
    4. 6½ h
97. It is 12 noon at Greenwich. What will be the time at a place situated at 50° east Longitude?
    1. 8:40 am
    2. 3:20 am
    3. 5:00 am
    4. 12 midnight
98. A day is added when a man crosses the International Date Line from
    1. North to south
    2. East to west
    3. North to east
    4. South to west
99. In a tropical cyclone, pressure
    1. Increases towards the center
    2. Decreases towards the center and wind moves in an anticlockwise direction in the northern hemisphere
    3. Does not very appreciably
    4. First decreases towards the centre and then increases
100. Regions lying on the western margins of the continents between 30° and 40° north have
     1. Dry summers and wet winters
     2. Rainfall all the year
     3. Dry climate all the year
     4. Wet summers and warm winters

Answers to Geography Quiz Questions

The answers to Geography Quiz Questions asked above are mentioned below.

1. c	2. c	3. b	4. d	5. a
6. c	7. a	8. a	9. a	10. a
11. d	12. c	13. c	14. c	15. b
16. a	17. a	18. a	19. a	20. b
21. b	22. c	23. b	24. b	25. a
26. b	27. b	28. b	29. b	30. a
31. a	32. c	33. c	34. a	35. d
36. b	37. a	38. c	39. b	40. b
41. c	42. d	43. b	44. c	45. c
46. d	47. b	48. a	49. d	50. d
51. d	52. b	53. c	54. c	55. c
56. b	57. c	58. d	59. b	60. b
61. c	62. d	63. a	64. c	65. c
66. c	67. a	68. d	69. b	70. d
71. c	72. d	73. c	74. a	75. c
76. a	77. a	78. c	79. b	80. b
81. c	82. c	83. a	84. c	85. a
86. c	87. d	88. a	89. d	90. b
91. a	92. a	93. d	94. a	95. c
96. c	97. b	98. b	99. b	100. a

Business GK May 2011

Business GK May 2011 | Social Economic General Awareness Questions

Monthly Business GK May 2011, extremely helpful for forthcoming SBI PO associate Bank 2011 exam. 

1. The repo rate as announced by RBI on May 3, 2011 stands at-
(A) 7·5%  (B) 7·25%   (C) 7·0%  (D) 6·75%

2. Which of the following key rate of RBI stands at 6% (as status on May 3, 2011)?
(A) Bank Rate (B) Repo Rate (C) Reverse Repo Rate (D) All the above

3. RBI on May 3, 2011 has raised interest rate on savings accounts from-
(A) 3% to 4% (B) 3.5% to 4·5% (C) 3.5% to 4% (D) 3·5% to 3.75%

4. At the end of March 2011, the provisional rate of inflation based on wholesale Price Index has been estimated at-
(A) 8·98% (C) 10·24% (B) 9·28% (D) above 11 %

5. Modi Tyre Co. Ltd. has been acquired by Continental Tyre Co. of-
(A) USA  (B) Australia  (C) France  (D) Germany

6. Pulp maker company 'Domsjo Fabriker' of Sweden has been acquired by-
(A) Aditya Birla Group (B) Adani Group (C) Anil Ambani Group (D) Laxmi Mittal Group

7. According to Abhijit Sen's study report, the population percen­tage below poverty line in 2009­10 is-
(A) 27% (C) 32%  (B) 29% (D) 35%

8. In Forbes list 'Global 2000' which of the following Indian Company got the highest ranking?
(A) State Bank of India (B) ONGC (C) ICICI Bank (D) Reliance Industries Ltd.

9. The percentage share contribu­tion of Tertiary Sector in Coun­try's GDP in 2010-11 (Advance Estimates) is-
(A) 53·8% (C) 61·2% (B) 57·8% (D) 63·6%

10. Vanuatu is going to join as a new member of World Trade Organi­sation and it will be member of WIO.
(A) 152nd (C) 154th (B) 153rd (D) 155th

11. As the status on May 25, 2011, what is number of 'Maharatna' and 'Navratna' companies in India?
(A) 4 and 17 respectively (B) 5 and 16 respectively (C) 5 and 17 respectively (D) 6 and 15 respectively

12. The proposed date of crossing world population 7 billion level as shown in UNDP's report is­
(A) October 20, 2011 (B) October 31,2011 (C) November10,2011 (D) November 30, 2011

13. How many Indian Companies find place in Global 2000 list of 2011 released by Forbes?
(A) 57  (B) 56  (C) 55  (D) 54

14. During 2010-11, the growth in India's exports and imports stood at-
(A) 39·6% and 23·2% respecti­vely (B) 37·5% and 21·6% respectively (C) 35·7% and 22·8% respecti­vely (D) None of the above

15. As per Census 2011, which of the following registers the highest 2: density in the country?
(A) Delhi (B) Chandigarh (C) Puducherry (D) West Bengal

16. Which of the following is not a 'Maharatna' status having com­pany?
(A) Coal India Ltd. (B) SAIL (C) ONGC (D) BHEL

17. Abbut Point port of Australia has been acquired for 99 years lease by-
(A) Adani Group (B) Tata Group (C) Indian Oil Corporation (D) L&T

18. Finance Ministry has released new income tax return form for salaried class with the name-
(A) Sahaj (B) Sugam (C) Any of the above two (0) None of the above

19. The new CMO of State Bank Group w.e.f. April 8, 2011 is-
(A) M. O. Malya (B) O. P. Bhatt (C) Prateep Chawdhery (0) U. S. Upendra Kamath

20. Which of the following key rate of RBI was changed maximum times during 2010 ?
(A) Cash Resrve Ratio (B) Repo Rate (C) Statutory Liquidity Ratio (0) Bank Rate

21. The newly introduced income tax return form 'Sugam' is for-
(A) Salaried class (B) Senior Citizen (C) Women Tax payee (0) Small Businessman

22. Which of the following country organised BRlCS Summit in April 2011 ?

(A) South Africa (B) China (C) Brazil (D) Russia

23. WAN-IFRA is an international organisation associated with-
(A) Telecommunication sector (B) Entertainment sector (C) Advertising sector
(D) Newspaper publication and Editing

24. Which of the following state has passed a Bill in March 2011 for imposing professional tax on
professionals ?
(A) Uttar Pradesh (B) Maharashtra (C) Madhya Pradesh (D) Bihar

25. Who has taken charge of Presi­dent Indian Banks Association in April 2011 ?
(A) Prateep Chowdhery (B) Hari Bharatia (C) MD. Malya (D) R. Sridharan

1. (B) 2. (A) 3. (C) 4. (A) 5. (0) 6. (A) 7. (C) 8. (D) 9. (B) 10. (C) 11. (B) 12. (B) 13. (A) 14. (B) 15. (A) 16. (D) 17. (A) 18. (A) 19. (C) 20. (B) 21. (D) 22. (B) 23. (D) 24. (D) 25. (C)

List of Chief Justices of India

Chief Justices of India

Name	Tenure
Harilal J. Kania	26 January 1950 - 6 November 1951
M. Patanjali Sastri	7 November 1951 - 3 January 1954
Mehar Chand Mahajan	4 January 1954 - 22 December 1954
B.K. Mukherjea	23 December 1954 - 31 January 1956
S.R. Das	01 February 1956 - 30 September 1959
Bhuvaneshwar Prasad Sinha	1 October 1959 - 31 January 1964
P.B. Gajendragadkar	1 February 1964 - 15 March 1966
A.K. Sarkar	16 March 1966 - 29 June 1966
K. Subba Rao	30 June 1966 - 11 April 1967
K.N. Wanchoo	12 April 1967 - 24 February 1968
M. Hidayatullah	25 February 1968 - 16 December 1970
I.C. Shah	17 December 1970 - 21 January 1971
S.M. Sikri	22 January 1971 - 25 April 1973
A.N. Ray	26 April 1973 - 27 January 1977
M.H. Beg	28 January 1977 - 21 February 1978
Y.V. Chandrachud	22 February 1978 - 11 July 1985
P.N. Bhagwati	12 July 1985 - 20 December 1986
R.S. Pathak	21 December 1986 - 18 June 1989
E.S. Venkataramaiah	19 June 1989 - 17 December 1989
S. Mukherjee	18 December 1989 - 25 September 1990
Ranganath Mishra	26 September 1990 - 24 November 1991
K.N. Singh	25 November 1991 - 12 December 1991
M.H. Kania	13 December 1991 - 17 November 1992
I.M. Sharma	18 November 1992 - 11 February 1993
M.N. Venkatachalaiah	12 February 1993 - 24 October 1994
A.M. Ahmadi	25 October 1994 - 24 March 1997
J.S. Verma	25 March 1997 - 17 January 1998
M.M. Punchhi	18 January 1998 - 9 October 1998
A.S. Anand	10 October 1998 - 31 October 2001
S.P. Bharucha	01 November 2001 - 5 May 2002
B.N. Kirpal	6 May 2002 - 7 November 2002
G.B. Pattanaiak	8 November 2002 - 18 December 2002
V.N. Khare	19 December 2002 - 1 May 2004
S. Rajendra Babu	02 May 2004 - 31 May 2004
R.C. Lahoti	01 June 2004 - 31 October 2005
Y.K. Sabharwal	01 November 2005 - 14 January 2007
K.G.Balakrishnan	14 January 2007 - 12 May 2010
S.H.Kapadia	12 May 2010 - Incumbent

Current Affairs quiz for Socio Economic Questions for April 2011

Business GK April 2011 | Socio Economic Questions for April 2011
1. As per Census 2011 Statistics, India's population in 2011
stands at-
(A) 1·20 billion
(B) 1·21 billion
(C) 1·22 billion
(D) 1·25 billion
2. During 2001-11, India's population shows an increase of-
(A) 181 million
(B) 183 million
(C) 184 million
(D) 186 million
3. During 1991-2001, India's population had population growth of
21·65% which during 2001-11
became--
(A) 16·62% (B) 17·64% (C) 18·62% (D) 20·61%
4. As per Census 2011, which of the two States have been ranked first
and second most populous
states?
(A) V.P. and Bihar
(B) Bihar and V.P.
(C) Maharashtra and Bihar
(D) UP. and Maharashtra
5. Which of the State in India shows the lowest population as per
Census 2011 ?
(A) Sikkim
(B) Puducherry
(C) Tripura
(D) Manipur
6. Sex-ratio in India as per Census 2011 has gone up from 933 (Census 2001) to
(A) 936 (B) 938 (C) 940 (D) 942
7. In world's population, India and China now hold, population shares of
(A) 16·5% and 17·4% respectively
(B) 17·5% and 20·2% respectively
(C) 17·5% and 19·4% respectively
(D) 18·2% and 19·4% respectively
8. Population density in India as per Census 2001 and Census 2011 stand at-
(A) 325 and 378 per sq km respectively
(B) 325 and 382 per sq km respectively
(C) 323 and 382 per sq km respectively
(D) 333 and 392 per sq km respectively
9. During 2001-11, male and female population growth stood at-
(A) 17·2% and 18·1% respectively (B) 18·1% and 17·2% respectively (C)
16·3% and 18·1% respectively (D) 17·2% and 17·6% respectively
10. Child sex-ratio (age group 0-6) which was 927 females / 1000 males
in 2001 became .
females/l000 males in 2011.
(A) 912 (B) 913 (C) 914 (D) 915
11. The States Union Territories showing highest and lowest sex­ratio
in Census 2011 are-
(A) Puducherry and Daman & Diu (B) Kerala and Daman & Diu (C) Kerala
and Dadra & Nagar Haveli
(D) Puducherry and Dadra & Nagar Haveli
12. Literacy rate in India shows an improvement in Census 2011 which
rose from 64·83% (Census 2011) to-
(A) 68·6% (B) 70·8% (C) 72-3% (D) 74·1%
13. Which of the following decade registered highest growth rate in India?
(A) 1961-71 (B) 1971-81 (C) 1991-2001 (D) 2001-11
14. As per the Forbes' annual list of the world's top billionaires
2011, which of the following Indian billionaires got the highest rank
among Indians?
(A) Mukesh Ambani (B) Laxmi N. Mittal (C) Azim Premji (D) Gautam Adani
15. Government has introduced a Bill in Parliament for a new Goods and
Service Tax (CST). It is Cons ti tu tion Amendment Bill.
(A) 113th (B) 114th (C) 115th D) 116th
16. Government has constituted a Financial Sector Legislative Reforms
Commission (FSLRC) on March 24, 2011 under the Chairmanship of-
(A) D. Swaroop (B) M. Govind Rao (C) B. N. Shrikrishna (D) C. Rangrajan
17. The new Chairman of FlC is
(A) R. V. Kanoria (B) Harsh C. Meriwala (C) Rajan Bharti Mittal (D)
None of the above
18. Asian Development Bank has modified its earlier India's GDP
growth projection for 2011-12 from 8·7% to-
(A) 8·2% (B) 8.5% (C) 9·0% (D) 9.2 %
19. As per third advance estimates of foodgrains for the year 2010-11,
the total foodgrains production stood at-
(A) 231·86 MT (B) 234·47 MT (C) 235·88 MT (D) 238·55 MT
20. After ONGC, OIC, NTPC and SAIL, which of the following 'Navratna'
PSU has been awarded 'Maharatna' status?
(A) BHEL (B) Coal India Ltd. (C) HAL (D) GAIL
Answers: 1. (B) 2. (A) 3. (B) 4. (D) 5. (A) 6. (C) 7. (C) 8. (8) 9.
(A) 10. (C) 11. (8) 12. (D) 13. (A) 14. (B) 15. (C) 16. (C) 17. (8)
18. (A) 19. (C) 20. (B)