1. The Govt of India has decided to declare which of the
following rivers a National River?
a) Brahmaputra
b) Yamuna
c) Ganga
d) Kaveri
2. Who amongst the folIowing economists gave the concept of
"economies of scale", which says "many goods and services can be
produced more cheaply in long series"?
a) Edward C Prescott
b) Amartya Sen
c) Gary S Becker
d) Edmund S Phelps
e) Paul Krugman
3. Very often we read in newspapers/magazines about
"Sovereign Wealth Funds". Which of the following is/ are the correct
description of the same?
(A) These are the funds or the reserves of a government or
central bank of a country which are invested further to earn profitable
returns.
(B) These are the funds which were accumulated by some
people over the years but were not put in active circulation as they retain
them as Black Money for several years.
(C) The funds which are created to be used as relief funds
or bailout packages are known as sovereign funds.
a) Both B & Conly
b) Only B
c) Only C
d) Only A
e) None of these
4. Very often we read about Special economic Zones (SEZs) in
newspapers. What is the purpose of promoting SEZs in India?
(A) They are established to promote exports.
(B) They are established to attract investments from foreign
countries.
(C) They are established to help the poorest of the poor in
India as the activities of these zones are reserved only forthe poors and those
living below poverty line.
a) Only A
b) Only B
c) Only C
d) Both A & B only
e) None of these
5. The ratio of the Cash Reserves that the banks are
required to keep with the RBI is known as
a) Liquidity Ratio
b) SLR
c) CRR
d) Net Demand & Time Liability
e) None of these
6. The-Govt ofIndia in order to provide some relief to the
exporters announced a relief-package of Rs
a) 1000 cr
b) 2500 cr
c) 4000 cr
d) 5000 cr
e) 7000 cr
7. The availability of cash and other cash-like marketable
instruments that are useful in purchases and investments are commonly known as
a) Cash crunch
b) Liquidity
c) Credit
d) Marketability
e) None of these
8. The White Tiger is a book written by
a) Amitav Ghosh
b) Arundhati Roy
c) VS Naipaul
d) Kiran Desai
e) Aravind Adiga
9. Besides USA and France, India has a Civil Nuclear Deal
with
a) Britain
b) Russia
c) Germany
d) Canada
e) Australia
10. Jnanpith Award is given for excellence in the field of
a) Music
b) Literature
c) Sports
d) Films
e) Social Services
ANSWERS
1.(c)
2.(e)
3.(d)
4.(d)
5.(c)
6.(d)
7.(b)
8.(e)
9.(b)
10.(b)
