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Posts Tagged ‘Question Answers’

General Awareness Q and A (Oct. 11, 2009)

November 19th, 2009

General Awareness Q and A (Oct. 11, 2009),Mukhyamantri Kanya Suraksha Yojana,Historian William Dalrymple,Dada Saheb Phalke award , first state dinner hosted by United States President Barack Obama, Pandit Hridaynath Mangeshkar

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Current Affairs & GK Question Answers, Current Affairs India, General Awareness, General Knowledge

General Awareness Q and A (Oct. 12, 2009)

November 19th, 2009

General Awareness Q and A (Oct. 12, 2009). Bahujan Samaj Party and the Haryana Janhit Congress (HJC),President of the Broadcast Editor’s Association (BEA) , ‘Handicrafts Development Corporation’, foundation stone for the Satyajit Ray Railway Stadium

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Current Affairs & GK Question Answers, Current Affairs India, General Awareness, General Knowledge

General Awareness Q and A (Oct. 13, 2009)

November 19th, 2009

General Awareness Q and A (Oct. 13, 2009),Former bureaucrat Najeeb Jung ,Army paratrooper Shabir ,Indiapost released a stamp to commemorate Ahmad Malik, Marathi daily ‘Prahaar’ in Maharashtra,Ministry of New and Renewable Energy Sources

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Current Affairs & GK Question Answers, Current Affairs India, General Awareness, General Knowledge

General Awareness Q and A (Oct. 14, 2009)

November 19th, 2009

General Awareness Q and A (Oct. 14, 2009),A high-powered empowered Group of Ministers (eGoM) headed by Finance Minister Pranab Mukherjee has unveiled India’s 3G , President of a Latin American country,Delhi District Cricket Association (DDCA)

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Current Affairs & GK Question Answers, Current Affairs India, General Awareness, General Knowledge

General Awareness Q and A (Oct. 16, 2009)

November 19th, 2009

General Awareness Q and A (Oct. 16, 2009).National Sports Awards ,PURA (Providing Urban facilities in Rural Areas),Alan Macfarlane was in news recently for releasing a book,Indian Institute of Space Science and Technology (IISST)

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Current Affairs & GK Question Answers, Current Affairs India, General Awareness, General Knowledge

General Awareness Q and A (Oct. 15, 2009)

November 19th, 2009

1. What is the percentage upto which FDI in defense sector is allowed in India?

a)    26%
b)    49%
c)    51%
d)    74%
e)    100%

2. The Open Market Operation (OMO) transactions of the RBI are meant to regulate which of the following?

a)    Inflation
b)    Liquidity in economy
c)    Borrowing abilities of the banks
d)    Inflow of Foreign Direct Investment
e)    Portfolio investments

3. Which of the following contributes the highest share of revenue earned by the government of India?

a)    Income Tax
b)    Customs Duty
c)    Excise Duty
d)    Value Added Tax
e)    Corporate Tax

4. Which of the following milestones was achieved by New Zealand captain Daniel Vettori recently?

a)    2,000 runs and 200 wickets in Test Cricket
b)    3,000 runs and 300 wickets in One-Day Internationals (ODIs)
c)    3,000 runs and 300 wickets in Test Cricket
d)    2,000 runs and 200 wickets in One-Day Internationals (ODIs)
e)    4,000 runs and 400 wickets in Test Cricket

5. According to the target set by the government of India, the fiscal deficit for the financial year 2009-10 should not exceed _____of the gross domestic product (GDP).

a)    3.2 per cent
b)    4.2 per cent
c)    6.8 per cent
d)    7.4 per cent
e)    8.0 per cent

6. Which of the following statements about the recent Ashes series in England is/are incorrect?

a)    England beat Australia 2-1 to regain the five match Ashes series
b)    Oval, Lord’s, Cardiff, Headingley and Edgbaston were the venues of the five test matches
c)    England’s Andrew J Strauss was the highest scorer while Australia’s Benjamin W Hilfenhaus was the leading wicket taker in the series
d)    The Compton-Miller Medal, which goes to the player who has had the biggest impact on the series, went to Andrew Flintoff
e)    Andrew Strauss was awarded England’s Man of the Series while Michael Clarke was Man of the series for Australia.

7. Indian Readership Survey (IRS) and National Readership Survey (NRS) will be merged to form a single survey. IRS is conduced by which of the following?

a)    Media Research Users Council
b)    National Readership Studies Council
c)    Indian Newspaper Society
d)    Advertising Agencies Association of India
e)    Audit Bureau of Circulation

8. Who has been named by Forbes magazine in its list of four ‘women to watch’ in the next 12 months, recently?

a)    Congress President Sonia Gandhi
b)    Delhi Chief Minister Sheila Dixit
c)    ICICI Bank CEO, Chanda Kochhar
d)    Biocon CEO, Kiran Mazumdar Shaw
e)    Both (3) and (4)

9. Vijay Kelkar was in news recently for having said that companies like ONGC and RIL should be given freedom to fix natural gas prices that move in tandem with changes in international crude oil prices. What designation does Kelkar hold?

a)    Chairman, Finance Commission
b)    Chairman, Oil Industry Development Board
c)    Petroleum Secretary
d)    Director General of Hydrocarbons
e)    Chairman, Competition Commission of India

10. Prime Minister Manmohan Singh has termed the 11th Five Year Plan as:

a)    India’s health plan
b)    India’s poverty eradication plan
c)    India’s rural prosperity plan
d)    India’s education plan
e)    India’s equal opportunity plan

Answers to the above questions
1.    a    2.    b    3.    e    4.    c    5.    c    6.    d    7.    a    8.    c    9.    a    10.    d

Answer 2: Open Market Operations (OMO): In this case RBI sells or buys government securities in open market transaction depending upon whether it wants to increase the liquidity or reduce it. So when RBI sells government securities in secondary market it sucks out the liquidity (stock of money) in the economy. So overall it reduces the money supply available with banks in effect the capital available with banks for lending purpose becomes scarce hence interest rates move in upward direction. Exactly opposite happens when RBI buys securities from open market. The transaction increases the money supply available with banks so the cost of money (interest rate) moves in downward direction and business activities like new investments, capacity expansion gets boost. In a nutshell RBI buys securities when the economy is sluggish and demand is not picking up and sells securities when the economy is overheated and needs to cool down. OMO is also used in curbing the artificial liquidity created to avoid strengthening of rupee against dollar in order to remain competitive in exports.

Answer 3: Corporate tax collections in 2008-09 stood at Rs 2, 13,823 crore while Personal income-tax collections (including the Securities Transaction Tax, the Fringe Benefit Tax, and Banking Cash Transaction Tax) in 2008-09 were Rs 1, 23,967 crore

Answer 4: New Zealand captain Daniel Vettori became only the eighth all-rounder in the history of Test Cricket to score 3,000 runs and bag 300 wickets. Vettori, who has 3,329 runs to his credit, claimed his 300th wicket in Sri Lanka in his 94th Test. Other cricketers to have achieved the milestone are Kapil Dev (Ind), lan Botham (Eng), Richard Hadlee (NZ), Shaun Pollock (SA), Imran Khan (Pak), Shane Warne (Aus) and Chaminda Vaas (SL).

Answer 6: The Compton-Miller Medal, which goes to the player who has had the biggest impact on the series, also went to Andrew Strauss.

Answer 7: IRS is the flagship readership research survey from Media Research Users Council (MRUC), the body set up by agencies, advertisers and media houses to conduct the research required for the assessment of various media for advertising. The NRS is published by the National Readership Studies Council (NRSC) — a body constituted by the Indian Newspaper Society, Advertising Agencies Association of India and Audit Bureau of Circulation for the purpose of carrying out readership surveys in India.

Answer 8: Others in the list include Xerox CEO Ursula Burns, Iceland Prime Minister Johanna Sigurdardottir and Bank of America’s Global Wealth Management President Sallie L Krawcheck.

Current Affairs & GK Question Answers, Current Affairs India, General Awareness, General Knowledge

General Awareness Q and A (Oct. 17, 2009)

November 19th, 2009

1. Which of the following has started a project called ‘Mobilising Mass Media Support For Sharing Agro-Information’ to enhance the agricultural communication and awareness in the country at grass-root level by using communication and information tools recently?

a)    Central Arid Zone Research Institute
b)    Indian Council of Agricultural Research
c)    International Crops Research Institute for the Semi-Arid Tropics
d)    Institute of Rural Management, Anand
e)    National Institute of Agricultural Marketing, Jaipur

2. The “World Ozone Day” was observed on September 16 recently. It is celebrated on this date every year to commemorate the signing of which of the following in 1987?

a)    Montreal Protocol
b)    United Nations Framework Convention on Climate Change
c)    Cartagena Protocol on Biosafety
d)    Kyoto Protocol
e)    Bonn Convention

3. According to a recently released book “Hitler’s Jewish Hatred: Cliche And Reality” by American historian Ralf Georg Reuth, which industrialist was the major influence behind Hitler’s hatred of Jews?

a)    Henry Ford
b)    Andrew Carnegie
c)    John D. Rockefeller
d)    Thomas Elva Edison
e)    George Eastman

4. Which of the following statements is/are true about the Durand Football Tournament – 2009 organised in New Delhi from 11th to 22nd September, 2009?

I.     NTPC was the main corporate sponsor of the event
II.   This was the 122nd edition of the tournament
III. Durand is the third oldest Football tournament of the world and the oldest Football tournament of Asia
a)    I only
b)    II only
c)    I and II only
d)    II and III only
e)    I, II and III

5. Who won the Spanish Supercup in the final played at Barcelona recently?

a)    Real Madrid
b)    Real Zaragoza
c)    Barcelona
d)    Athletic Bilbao
e)    Real Betis

6. The Union government has given Oil and Natural Gas Corp (ONGC) permission to partner billionaire Lakshmi N Mittal for buying out 25 per cent stake in the Satpayev oilfield in the Caspian Sea. ONGC Mittal Energy Ltd, the joint venture of ONGC Videsh Ltd and Mittal Investment Sari plans to invest $400 million in the oil field. Which Central Asian country owns the Satpayev oilfield?

a)    Kyrgyzstan
b)    Kazakhstan
c)    Tajikistan
d)    Turkmenistan
e)    Uzbekistan

7. According to Union Finance Minister Pranab Mukherjee which will be the new base year for the wholesale price index (WPI) series, used to calculate inflation in the country instead of the current 1993-94?

a)    2002-03
b)    2001-02
c)    2003-04
d)    2004-05
e)    2005-06

8. The Union government is planning to pick up the stake of the Reserve Bank of India in the National Bank of Agriculture and Rural Development (NABARD) and National Housing Bank (NHB). Which of the statements is/are correct?

I.     RBI holds 100% stake in NABARD
II.   RBI holds 72.5% stake in NHB
III. Rangarajan Committee had recommended govt acquisition of RBI stake in NABARD and NHB
a)    I only
b)    II only
c)    III only
d)    II and III only
e)    I, II and III

9. The Employees State Insurance Corporation (ESIC) has increased the provision of payment to unemployed insured persons under the Rajiv Gandhi Sharmik Kalayan Yojana to which of the following durations recently?

a)    Four months
b)    Six months
c)    Twelve months
d)    Eighteen months
e)    Two years

10. The Union government has decided to provide full interest subsidy on education loans taken by students for approved courses in recognised technical and professional institutions in the country. What is the ceiling of annual parental income for eligibility for the interest subsidy?

a)    Rs 2 lakh per annum
b)    Rs 3 lakh per annum
c)    Rs 4.5 lakh per annum
d)    Rs 5.5 lakh per annum
e)    Rs 6 lakh per annum

Answers to the above questions
1.    b    2.    a    3.    a    4.    d    5.    c    6.    b    7.    d    8.    c    9.    c    10.    c

Answer 2: On 19 December 1994, the United Nations General Assembly proclaimed 16 September the International Day for the Preservation of the Ozone Layer or the “World Ozone Day” commemorating the date, in 1987, on which the Montreal Protocol on Substances that Deplete the Ozone Layer was signed.

Answer 3: Adolf Hitler, who hated America, was influenced by none other than an American industrialist — Henry Ford, who revolutionized the world of automobiles, according to a new book – “Hitler’s Jewish Hatred: Cliche And Reality” by historian Ralf Georg Reuth.

Answer 4: The 122nd edition of ONGC Durand Football Tournament – 2009 was organised in New Delhi from 11-22 September.

Answer 7: Union Finance Minister Pranab Mukherjee, in August 2009, announced that 2004-05 will be the new base year for the calculation of inflation of wholesale price index (WPI) series in the country.

Answer 8: Currently the RBI holds about 72.5 per cent stake in NABARD (remaining lies with the government) and 100 per cent stake in NHB. It was the Narasimhan Committee that recommended the transfer of RBFs stake in State Bank of India, NABARD and NHB to the government to differentiate the Central Bank’s functioning as the owner of banks and the sector regulator. In 2007, the government acquired 59.73 per cent stake held by RBI in the country’s largest bank SBI for Rs 35,531.33 crore.

Answer 9: The Employees State Insurance Corporation (ESIC) has recently enhanced the Rajiv Gandhi Sharmik Kalayan Yojana by making provisions of payment to unemployed insured persons up to 12 months instead of the earlier provision of 6 months.

Current Affairs & GK Question Answers, Current Affairs India, General Awareness, General Knowledge

General Awareness Q and A (Oct. 18, 2009)

November 19th, 2009

1. The West Khasi Hills in Meghalaya were in news recently for mining of which radioactive element?

a)    Thorium
b)    Plutonium
c)    Uranium
d)    Radium
e)    Radium

2. The ‘World Investment Prospects Survey 2009-2011’ was released recently. Which of the following statements is/are correct?

I.    India’s is in the third position in global foreign direct investments (FDI) list
II.  China and USA occupy the top two positions in global foreign direct investments (FDI) list
III. ‘World Investment Prospects Survey 2009-2011’ was prepared by the World Bank
a)    I only
b)    II only
c)    I and II only
d)    II and III only
e)    I, II and III

3. How much did the service sector contribute to India’s GDP during 2008-09, according to a recent press note issued by the Financial Planning Standards Board India (FPSBI)?

a)    29 per cent
b)    32 per cent
c)    48 per cent
d)    56 per cent
e)    64 per cent

4. Satnam Singh was honoured with the “Distinguished Fellowship Award-2009” of the Institute of Directors in New Delhi recently. He is the Chairman and Managing Director of which of the following?

a)    National Thermal Power Corporation (NTPC)
b)    Power Finance Corporation
c)    Power Grid Corporation of India
d)    Rural Electrification Corporation (REC)
e)    National Hydel Power Corporation (NHPC)

5. Presumptive income taxation is employed primarily in economies where ‘hard-to-tax’ taxpayers form the majority of the population and administrative resources are scarce. Which of the following statements regarding Presumptive Taxation is/are true following the passage of the Finance Bill, 2009 in the Lok Sabha recently?

I.  The Presumptive Taxation scheme has been extended to all businesses with gross receipts not exceeding Rs 40 lakh
II. The Presumptive Taxation scheme was earlier restricted to three businesses — civil construction, retail trade and transporters
III.Presumptive Taxation was first introduced in Union Budget 2008-09
a)    I only
b)    II only
c)    I and II only
d)    II and III only
e)    I, II and III

6. Which of the following is/are true about the Finance Bill 2009, which was passed with some amendments in the Lok Sabha recently?

I.  Service tax on new services proposed in Budget 2009-10 come into effect from September 1, 2009
II. One percent interest subsidy would be provided by the Union government to individuals for loans up to Rs 7 lakhs for houses that do not cost more than Rs 15 lakhs.
III. The sunset clause for tax holidays for industrial parks has been extended by another two years up to March 2011 II only
a)    I only
b)    I and II only
c)    II and III only
d)    III and I only
e)    I, II and III

7. Which country was world’s largest exporter with merchandise exports worth $1.47 trillion in 2008 according to the World Trade Organization?

a)    USA
b)    China
c)    Germany
d)    Russia
e)    Japan

8. Who will take over as the new Director General for the IAEA from Mohammed ElBaradei in November 2009?

a)    Yukiya Amano
b)    W. Sterling Cole
c)    Sigvard Eklund
d)    Ernest J. Sternglass
e)    Klaus Traube

9. Which of the following statements regarding the IPO Index launched by the Bombay Stock Exchange (BSE) recently is/are incorrect?

a)    The IPO Index will track the value of companies for two years from the date of their listing after their initial public offers (IPOs)
b)    This is the first such index in the country.
c)    IPOs of companies with a minimum free-float market capitalisation of Rs 100 crore would be included in the index
d)    A minimum of 20 stocks would be maintained to form the index at all times
e)    The maximum weight of any stock would be capped at 20%

10. Which of the following is/are true about the company that has topped Fortune magazine’s list of the world’s 100 fastest-growing companies?

I.    The company is ‘Research In Motion’
II.  The company is famous for its laptops
III. The company is based in Canada
a)    II only
b)    I and II only
c)    II and III only
d)    III and I only
e)    I, II and III

Answers to the above questions
1.    c    2.    c    3.    d    4.    a    5.    c    6.    d    7.    c    8.    a    9.    d    10.    d

Answer 2: UNCTAD (United Nations Conference on Trade and Development) prepared the report on world investment prospects titled ‘World Investment Prospects Survey 2009-2011’.

Answer 4: The award was presented by World Council for Corporate Governance president Madhav Mehra. Every year the executive council of the Institute of Directors selects persons of eminence for their outstanding contribution to business and society. The first “Distinguished Fellowship” was awarded to former President A.P.J. Abdul Kalam.

Answer 6: One percent interest subsidy would be provided by the Union government to individuals for loans up to Rs 10 lakhs for houses that do not cost more than Rs 20 lakhs.

Answer 9: A minimum of 10 stocks would be maintained to form the index at all times. The Bombay Stock Exchange (BSE) has launched IPO Index – an index to track the value of companies for two years from the date of their listing after their initial public offers (IPOs). This is the first such index in the country. IPOs of companies with a free-float market capitalisation of Rs 100 crore and above on its first day of listing would be included in the index. Follow-on public offers (FPOs) would be excluded. A stock would be excluded from the index on the second Monday of a month after it had been listed for two years. At any point in time, a minimum of 10 scrips would be maintained to form the index. In case there were less than 10 scrips due to possible exclusion, the ouster would be delayed until a new company was added to the index. The maximum weight of any scrip would be capped at 20% and the constituent weight would be reviewed at the time of inclusion or exclusion, and on a monthly re-balancing basis.

Answer 10: Research In Motion (RIM) is known for its Blackberry brand of mobile phones. RIM has co-CEOs Jim Balsillie and Mike Lazaridis

Current Affairs & GK Question Answers, Current Affairs India, General Awareness, General Knowledge

General Awareness Q and A (Oct. 19, 2009)

November 19th, 2009

1. Yahoo! and Microsoft reached agreement on a long-awaited Web search and advertising partnership recently. Which of the following statements about the deal is/are correct?

I.    The deal does not involve any transfer of cash between the two companies
II.  Microsoft has agreed to use the Yahoo! search engine on its website
III. Microsoft will act as the exclusive global sales force for the two companies’ premium search advertisers
a)    I only
b)    I and II only
c)    II and III only
d)    III and I only
e)    I, II and III

2. Which of the following is/are true about the Gorgon liquefied natural gas (LNG) project that was in news recently?

I.   The project was initiated by the government of Iran
II. Gorgon has entered into deals worth $41 billion and $21 billion to supply gas to China’s PetroChina and India’s Petronet respectively
III. Gorgon project is a joint venture by Chevron, Shell and ExxonMobil
a)    II only
b)    I and II only
c)    II and III only
d)    III and I only
e)    I, II and III

3. Which is the largest municipal solid waste producer in the country according to a survey carried out by the Federation of Indian Chambers of Commerce and Industry (FICCI) in 22 cities across the country recently?

a)    Kolkata
b)    Delhi
c)    Mumbai
d)    Chennai
e)    Bangalore

4. V K Sibal was in news recently over allegations by Anil Ambani that he favoured Mukesh Ambani’s Reliance Industries Ltd over Reliance Natural Resources Ltd (RNRL). What designation does Sibal hold?

a)    Chairman, Finance Commission
b)    Chairman, Oil Industry Development Board
c)    Petroleum Secretary
d)    Director General of Hydrocarbons
e)    Chairman, Competition Commission of India

5. Which country was the world’s largest exporter with exported goods worth $521.7 billion for the first six months of 2009, according to the World Trade Organization?

a)    USA
b)    China
c)    Germany
d)    Russia
e)    Japan

6. Which of the following statements is/are correct regarding the RBI Annual Report – 2008-09 released recently?

I. The value of counterfeit notes detected by RBI offices and branches of various banks has gone up by over 180% in the last one year
II. The number of fake notes went up by over 100% in 2008-09 in the last one year
III. Income Tax department has set up Forged Note Vigilance Cells (FNVCs) to deal with the problem of fake notes
a)    I only
b)    II only
c)    I and II only
d)    II and III only
e)    I, II and III

7. Which of the following statements about Foreign Trade Policy for 2009-14 unveiled by the Union Commerce and Industry Minister Anand Sharma is incorrect?

a)    The Ministry has set a target of exports worth $ 150 billion in the financial year ending March 2011
b)    26 new markets will be added for incentives under Focus Market Scheme
c)    Zero-duty import of capital goods will be permitted under the Export Promotion Capital Goods (EPCG) scheme
d)    The Duty Entitlement Passbook scheme (DEPB), which neutralises the levy of Customs duty on the import content of export products, has beer: extended to December 2010.
e)    Export of tea has been brought under the Vishesh Krishi and Gram Udyog Yojana (VKGUY), which offers a 5% incentive

8. Who has been named as the winner of the ‘FDI Asian Personality of the Year’ awards by the FDI Magazine of the Financial Times (FT) group?

a)    RatanTata
b)    Narendra Modi
c)    NitishKumar
d)    Nandan Nilekani
e)    Sheila Dixit
f)    Aditya Puri

9. India will be able to access which African country’s uranium reserves after an agreement was signed during the visit the President Hifikepunye Pohamba to India recently?

a)    Angola
b)    Namibia
c)    Liberia
d)    Niger
e)    Ghana

10. Which of the following combinations of the newly reconstituted Economic Advisory Council to the Prime Minister (EAC) and their designations is incorrect?

a)    Dr Saumitra Chaudhuri – Economic Adviser, ICRA
b)    Dr Govinda Rao – Director-General, National Institute of Public Finance and Policy
c)    Dr Vijay Shankar Vyas – Finance Secretary
d)    Suman K. Bery – Director-General, National Council of Applied Economic Research
e)    Both (1) and (3)

Answers to the above questions
1.    a    2.    c    3.    b    4.    d    5.    b    6.    c    7.    a    8.    b    9.    b    10.    c

Answer 1: Under the no-cash deal, Yahoo! will use Microsoft’s new Bing search engine on its own sites, while Yahoo! will act as the exclusive global sales force for the companies’ premium search advertisers.

Answer 2: Australia has approved a massive energy project – Gorgon liquefied natural gas (LNG) plant off Western Australia – that will supply natural gas worth tens of billions of dollars to China and India.

Answer 6: The value of counterfeit notes detected by RBI offices and branches of various banks has gone up by 183.14% in the last one year The number of fake notes went up by 103% to 3, 98,111 in 2008-09 as against 1, 95,811 during the corresponding period last year. There has been an increase in forging of notes of higher denominations, especially Rs 500 and Rs 1,000 notes. Many banks have set up Forged Note Vigilance Cells (FNVCs) to deal with the problem.

Answer 7: The Ministry has set a target of exports worth $200 billion in the financial year ending March 2011. India’s exports were worth $168.7 billion in 2008-09

Answer 8: The award given by the FDI Magazine of the Financial Times (FT) group recognises the political and business leaders around UK; globe, who have been proactive, dynamic and innovative in securing foreign investment and improving the business environment of their jurisdiction. The other regional winners are Qasim Al Fahadawi, Governor of Al Anbar province, Iraq, Babatunde Raji Fashola, Governor of Lagos state, Nigeria, Connie Hedegaard, Energy Minister, Denmark, Ivonne Ortega Pacheco, Governor of Yucatan, Mexico and Bobby Jindal. Governor of Louisana, US.

Answer 10: Dr Vijay Shankar Vyas – President, Asian Society of Agricultural Economists

Current Affairs & GK Question Answers, Current Affairs India, General Awareness, General Knowledge

General Awareness Q and A (Oct. 20, 2009)

November 19th, 2009

1. Which publisher was in news recently for publishing former Union Minister and expelled BJP leader Jaswant Singh’s book ‘Jinnah: India-Partition-Independence’?

a)    Penguin India
b)    HarperCollins
c)    Rupa & Co
d)    Imprint Books
e)    AH Wheeler & Co

2. Air Force personnel from India and which other nation conducted a major joint exercise “Cope-09” in Agra in October 2009?

a)    France
b)    UK
c)    USA
d)    Russia
e)    China

3. The Union Cabinet has approved a proposal to set up new Indian Institutes of Management (IIMs) in states across the country. In the first phase, four IIMs will be set up in 2009-10, which would become functional from academic session 2010-11. Which of the following are the four locations?

a)    Coimbatore, Salem, Nagpur, Ludhiana
b)    Tiruchirappalli, Ranchi, Raipur, Rohtak
c)    Mysore, Patna, Shimla, Panaji
d)    Vadodara, Pune, Srinagar, Solan
e)    Bilaspur, Jamshedpur, Kochi, Vijaywada

4. Which of the following have been recommended by a Parliamentary committee chaired by N. C. Saxena as determinants for identifying Below the Poverty Line (BPL) families in rural areas?

a)    caste
b)    religion
c)    age
d)    (a), (b)
e)    (a), (b) and (c)

5. Which of the following statements about the 11th Mumbai Film Festival scheduled from Oct 29 to Nov 5 is/are incorrect?

a)    Mumbai Academy of Moving Image is the organiser of the festival
b)    Shashi Kapoor will be honored with a lifetime achievement award
c)    International achievement award will be given to Spanish filmmaker Pedro Almodovar
d)    A new introduction this year is a $20,000 Audience Choice Award
e)    The festival will also include a special exhibition and retrospective to commemorate 60 years of Navketan Films headed by film-maker/actor Dev Anand.

6. Who was elected Chairman of the board of directors of the Press Trust of India (PTI) recently?

a)    Vineet Jain – Times of India group
b)    N. Ravi – The Hindu
c)    Vijay Kumar Chopra — Hind Samachar group
d)    R. Lakshmipathy – Dinamalar
e)    Veerendrakumar – Mathrubhumi

7. India’s Wadia Institute of Himalayan Glaciology and China’s Careeri Centre signed a landmark agreement on sharing data on glacial research between the two countries recently. Where is the Wadia Institute of Himalayan Glaciology based?

a)    Nainital
b)    Shimla
c)    Dehradun
d)    Mussoorie
e)    Solan

8. Where has the Clinton Foundation, founded by former US president Bill Clinton, firmed up its plans to set up world’s largest solar park (3,000 to 5,000 MW capacity) in India recently?

a)    Bihar
b)    Orissa
c)    Gujarat
d)    Rajasthan
e)    Madhya Pradesh

9. Which three public sector lenders have entered into a joint venture agreement for setting up a banking subsidiary, India BIA Bank (Malaysia) Bhd, in Malaysia recently?

a)    Bank of India, Indian Overseas Bank and Andhra Bank
b)    Bank of Baroda, Indian Overseas Bank and Bank of India
c)    Bank of Baroda, Indian Overseas Bank (IOB), and Andhra Bank
d)    Bank of Baroda, Indian Bank, and Andhra Bank
e)    Bank of India, Corporation Bank, Andhra Bank

10. MontBlanc International GmbH, Germany has introduced “Mahatma Gandhi Limited Edition 241” luxury pens in India. The 241 pens were made to signify the “241 miles” travelled by Gandhiji during the Dandi March. What is the price of each of the “Mahatma Gandhi Limited Edition 241” pens?

a)    Rs. 14 lakh
b)    Rs. 17 lakh
c)    Rs. 21 lakh
d)    Rs. 24 lakh
e)    Rs. 241 lakh

Answers to the above questions
1.    c    2.    c   3.    b    4.    d   5.    c    6.    c    7.    c    8.    c    9.    c    10.    a

Answer 2: “Cope-09” for the first time saw the deployment of the C-17 Globemaster, a heavy lift military transport aircraft. The Indian Air Force plans to procure the transport aircraft to replace the fleet of Russian IL-76 ‘Gajraj,’ inducted in the mid-1980s.

Answer 3: Tiruchirappalli (Tamil Nadu), Ranchi (Jharkhand), Raipur (Chhattishargh) and Rohtak (Haryana) will be set up in 2009-10, which would become functional from academic session 2010-11

Answer 4: Currently, BPL families are identified on the basis of 13 socio-economic parameters. Points are given for each parameter. The N C Saxena committee, formed by the rural development ministry, has recommended additional marks for scheduled castes and tribes (SC/STs), Most Backward Castes, Other Backward Classes (OBCs) and Muslims. If a household has members with tuberculosis, leprosy, disability, mental illness or AIDS, it will also be awarded points.

Answer 5: International achievement award will be given to Greek filmmaker Theo Angelopoulos

Answer 8: Currently, the world’s largest solar power plant is in Mojave Desert of California with a capacity of 900 MW.

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