XAT GK COMPENDIUM - 2013

1. What do you mean by Core inflation? A. Price rise in energy and food articles B. Price rise in all goods and services including energy and food articles C. Price rise in all goods and services excluding energy and food articles D. Large and accelerating form of inflation E. It takes place when the supply falls drastically and the demand remains at the same level. Base year and number of commodities for WPI in India are:A. 2004-05 and 435 commodities B. 1993-94 and 435 commodities C. 2004-05 and 676 commodities D. 1993-94 and 435 commodities E. None of the above Seekho aur Kamao which targets the youth from 14-35 years of age and aims to improve employability of existing workers, school dropouts etc. is an initiative of which ministry of Government of India? A. Ministry of labour and employment B. Ministry of Social Justice and Empowerment C. Ministry of Tribal Affairs D. Ministry of Tourism E. Ministry of Minority Affairs Jiyo Parsiis a social initiative for Parsis in India aims at:A. Increasing the per capita income of Parsi community B. Improving the life expectancy of Parsi community C. Increasing literacy rate among Parsis D. Containing population decline among Parsis E. None of the above Shanti Swarup Bhatnagar Prize is one of the most coveted national recognition for young scientists and engineers for their work in R&D. With which organisation Dr Shanti Swarup Bhatnagar was associated with? A. BARC B. ISRO C. TIFR D. CSIR E. IISc, Bangalore Numismatics is a study of______ A. Numbers B. Coins C. Postage Stamps D. Horoscopes E. None of the above 11. 7. For which team does the famous footballer, Lionel Messi play? A. Real Madrid B. A.C.Milan C. Barcelona D. Porto E. Manchester United Who is the first woman to be elected as President of South Korea? A. Lee Ji-Eun B. Kim Hyun-Joo C. Yuk Young-Soo D. Park Geun-Hye E. Yingluck Shinawatra Which of the following is NOT included in the list of Maharatnas of public enterprises? A. Bharat Heavy Electricals Limited B. Coal India Limited C. GAIL India Limited D. Indian Oil Corporation Limited E. Hindustan Petroleum Corporation Limited Micro enterprises in India engaged in the manufacture or production, processing or preservation of goods in India are those where the investment limit ___? A. does not exceed Rs. 10 lakh B. more than Rs.10 lakh but does not exceed Rs. 2 crore C. does not exceed Rs. 25 lakh D. more than Rs. 25 lakh but does not exceed Rs. 5 crore E. more than Rs.5 crore but does not exceed Rs.10 crore Match the following:a. Archana Bhargava b. Vijayalakshmi Iyer c. Shubhalakshmi Panse d. Arundhati Bhattacharya A. B. C. D. E. a-1, b-2, c-3, d-4 a-4, b-3, c-1, d-2 a-3, b-4, c-2, d-1 a-3, b-4, c-1, d-2 a-4, b-1, c-3, d-2

8.

2.

9.

3.

10.

4.

5.

1. Allahabad Bank 2. State Bank of India 3. Bank of India 4. United Bank of India

6.

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12.

We arrive at the concept of which type of deficit, if we deduct grants for creation of capital assets from revenue deficit? A. Primary deficit B. Fiscal deficit C. Net Budgetary deficit D. Effective Revenue deficit E. Net fiscal deficit Which one among the following items has maximum weightage in wholesale price index(WPI) with 2004-05 as its base year in India? A. Primary article B. Fuel and power C. Manufactured products D. Food item E. None of the above Which of the following agencies/institutions disbursed maximum credit to the much needed agricultural sector in India in 2011-12? A. Money lenders B. Co-operative banks C. Regional Rural banks D. Commercial banks E. None of the above Swabhimaan scheme in India targets which of the following areas? A. Financial inclusion B. Pension scheme to unorganised sector C. Increasing credit to agricultural sector D. Agricultural insurance in case of crop failure E. None of the above Consider the following statements : 1. Repo rate is the interest rate which RBI pays to commercial banks on short-term deposits. 2. Reverse repo rate is the interest rate at which RBI lends to commercial banks for short period.

18.

The unemployment generated due to change in market conditions (change in demand and supply conditions) is called? A. Seasonal Unemployment B. Disguised Unemployment C. Frictional Unemployment D. Structural Unemployment E. Under-Employment NNP at factor cost or National Income can be defined as follows:A. NNP at Market price - (Indirect taxes - Subsidy) B. NNP at Market price - (Indirect taxes + Subsidy) C. NNP at Market price + (Indirect taxes - Subsidy) D. NNP at Market price + (Indirect taxes + Subsidy) E. None of the above Which of the following country is neither member nor observer of the WTO? A. Tajikistan B. Russia C. North Korea D. Iran E. Syria United Nations General Assembly declared the year 2013 as A. International year of Forests B. International year of Bio-diversity C. International year of Water Cooperation D. International year of Cooperatives E. International year of Languages Who is the President of National Green Tribunal? A. Justice D.K. Jain B. Justice V.S. Sirpurkar C. Justice Swatantra Kumar D. Justice Balakrishnan E. Justice Rajesh Kumar Agarwal Who is the chairman of Tax Administration Reform Commission? A. Vijay Kelkar B. Y. V. Reddy C. C. Rangarajan D. Parthasarthi Shome E. Kaushik Basu Who is author of unaccustomed Earth? A. Amitav Ghosh B. Arundhati Roy C. Arvind Adiga D. Jhumpa Lahiri E. Ashwin Sanghi

13.

19.

20. 14.

21.

15.

22.

16.

23. Which of the statements given above is/are correct? A. 1 only B. 2 only C. Both 1 and 2 D Neither 1 nor 2 E. It may vary according to the circumstances 17. In whose honour the Award f or International Understanding is presented by the Government of India? A. Mahatma Gandhi B. Jawaharlal Nehru C. Indira Gandhi D. Rajiv Gandhi E. None of the above 24.

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25.

Jakhan Choto Chilam is an autobiography of? A. Satyajit Ray B. Hrishikesh Mukherjee C. Rituparno Ghosh D. Aparna Sen E. None of the above Who is author of Stay Hungry Stay Foolish? A. Chetan Bhagat B. Rashmi Bansal C. Amish Tripathi D. Kiran Desai E. Anita Nair Indias maximum exports have gone to which country in 2012-13? A. USA B. China C. UAE D. Singapore E. Hong Kong Which one of the Vivek Express trains has the longest route on the Indian Railways network, in terms of distance and time, and is the 9th longest in the world? A. Dibrugarh to Kanyakumari Vivek Express B. Dwarka to Thoothukudi Vivek Express C. Bandra Terminus, Mumbai to Jammu Tawi Vivek Express D. Santragachhi to Manglaore Central Vivek Express E. None of the above Who is the chairman of National Development Council? A. President of India B. Vice-President of India C. Prime-Minister of India D. Union Finance Minister E. Union Home Minister Which of the following is a certification mark mandatory on all processed fruit products sold in India such as packaged fruit beverages, fruit-jams, crushes, pickles, fruit extracts etc.? A. AGMARK B. ECOMARK C. FPO MARK D. INDIA ORGANIC E. ISI MARK Global Competitiveness Report is released by A. World Economic Forum B. World Trade Organisation C. World Bank D. Organisation for Economic Co-operation and Development (OECD) E. United Nations Industrial Development Organization (UNIDO)

32.

26.

The Man Booker International Prize is an international literary award given every two years to a living author of any nationality for a body of work published in English or generally available in English translation. Who won it in 2013? A. Lydia Davis B. Eleanor Catton C. Philip Roth D. Hilary Mantel E. Alice Munro Beginning in 2014, which literary award will consider authors from anywhere in the world, so long as their work is in English and published in the UK? A. Orange Prize for Fiction B. Commonwealth Writers C. Man Booker Prize D. Wales Book of the Year E. None of the above India is building Kudankulam nuclear power project with the help of? A. USA B. Russia C. Germany D. U.K. E. Japan Who has become the first woman Chief Information Commissioner of the country recently? A. Deepak Sandhu B. Gyan Sudha Mishra C. Ranjana Desai D. Sudha Pillai E. None of the above Which movie will represent India at Oscars this year? A. Lunchbox B. Bhaag Milkha Bhaag C. Celluloid D. The Good Road E. English Vinglish Which of the following country has recently ratified the Comprehensive Nuclear Test Ban Treaty (CTBT)? A. Iran B. Iraq C. North-Korea D. Saudi-Arabia E. Syria Who won US Open 2013 mens doubles title? A. Bob Bryan- Mike Bryan B. Alexander Peya- Bruno Soares C. Leander Paes- Radek Stepanek D. Leander Paes- Alexander Peya E. Leander Paes- Bruno Soares
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27.

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39.

Indias Deepika Kumari has won third successive silver in the World-Cup of which sport? A. Wrestling B. Squash C. Swimming D. Archery E. Badminton Durand Cup is related to which sport? A. Hockey B. Cricket C. Football D. Badminton E. None of the above Which sportsperson has been appointed as the brand ambassador of the Border Security Force (BSF)? A. Mahendra Singh Dhoni B. Yuvraj Singh C. Virat Kohli D. Sachin Tendulkar E. Shikhar Dhawan In the foreign exchange market when exchange rate of a domestic currency is cut down by its government against any foreign currency, it is called? A. Revaluation B. Devaluation C. Depreciation D. Appreciation E. None of the above Which type of exchange rate system is followed by India? A. Currency Board system B. Crawling Pegged Exchange rate system C. Fully floating currency regime system D. Managed Exchange rate system E. None of the above Match the following: 1. Shiv Thapa 2. Dipika Pallikal 3. Sunil Chettri 4. Ashwini Ponnappa Select the correct order. 1 d a c d d 2 c b d c b 3 a c b b c 4 b d a a a

45.

Match the following: 1. Air India 2. Air Sahara 3. Spice Jet 4. Air Deccan Select the correct order. 1 a d d a a 2 c c c b b 3 d a b d c 4 b b a c d

a. b. c. d.

Moving India Forward Emotionally Yours Simplify Flying for everyone

40.

A. B. C. D. E. 46.

41.

State with second highest literacy rate according to 2011 census in India is A. Tripura B. Mizoram C. Nagaland D. Manipur E. Goa Arrange the following states in descending order of their total total population according to 2011 census. 1. Uttar Pradesh 2. Bihar 3. West Bengal 4. Maharashtra 5. Andhra Pradesh A. B. C. D. E. 1, 2, 3, 4, 5 1, 2, 4, 5, 3 1, 3, 2, 5, 4 1, 4, 2, 3, 5 1, 4, 3, 2, 5

42.

47.

43.

48.

44.

a. Badminton b. Football c. Squash d. Wrestling 49.

The Union Budget for 2013-14 proposes to set up Indias first Womens bank as a public sector bank with a initial capital of A. 500 crores B. 1,000 crores C. 1,500 crores D. 2,000 crores E. 2,500 crores A new term Angel Investor is introduced in the Union Budget 2013-14 in Indias financial market. Select the best option which defines the term. A. Angel Investor is an investor who provides financial backing to entrepreneurs for starting their business. The capital they provide should be only a one time injection of seed money.

A. B. C. D. E.

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B. Angel Investor is an investor who provides financial backing to entrepreneurs for starting their business. The capital they provide can be a one time injection of seed money or ongoing support to carry the company through difficult times. C. Angel Investor is an investor who acts as a security deposit for another investor whether old or new. D. Angel Investor is an investor whose credit worthiness is fully ensured by bank. E. None of the above 50. A hard currency is 1. Currency in which the highest faith is shown and is needed by every economy. 2. Currency which has a level of liquidity Select the correct answer using the code given below

55.

Who has taken over as President of Confederation of Indian Industry (CII) for 2013-14, succeeding Godrej Group Chairman Adi Godrej? A. Mr B Muthuraman B. Mr Venu Srinivasan C. S. Gopalakrishnan D. Mr K. V Kamath E. Mr Sunil Bharti Mittal Who took over as Nasscom Chairman for the year 201314? A. Som Mittal B. Kiran Karnik C. Rajendra S Pawar D. N Chandrasekaran E. Krishnakumar Natarajan Which Indian company has announced that it had signed definitive agreements to acquire 100 per cent equity in Alti SA, an IT services company in France? The deal, valued at 75 million euro (around Rs.530 crore), is an all-cash transaction. A. Infosys B. Tata Consultancy Services (TCS) C. Wipro D. Tech Mahindra E. Larsen & Toubro Infotech Match the following:1. Honda 2. TVS 3. Yamaha 4. Suzuki Select the correct order. 1 a d d b b 2 c c b c d 3 d a c d c 4 b b a a a

56.

57. A. B. C. D. E. 51. 1 only 2 only Both 1 and 2 Neither 1 nor 2 It may vary according to the circumstances

Capital of Nagaland is A. Aizwal B. Kohima C. Itanagar D. Imphal E. Agartala Taxpayers having an annual income of over how much rupees is required to file their returns in electronic form from June 1, 2013? A. 3 Lakhs B. 4 Lakhs C. 5 Lakhs D. 8 Lakhs E. 10 Lakhs Which country is the worlds largest oil importer? A. USA B. China C. Brazil D. India E. Russia The BRICS summit endorsed the setting up of a BRICS Development Bank and creation of a contingency relief arrangement (CRA) in a bid to sow the seeds of an alternate financial structure for developing countries with initial corpus of A. $50 billion B. $75 billion C. $100 billion D. $125 billion E. $150 billion

58.

52.

a. Zeus b. Dream Neo c. Gladiator d. Star City

53.

A. B. C. D. E. 59.

54.

Which State Government has barred ICICI Prudential Life Insurance for three years from doing any further business with it or any of its departments for intentionally delaying the process of distribution of annuity to land owners and failure to carry out commitments. A. Punjab B. Haryana C. Himachal Pradesh D. Rajasthan E. Gujrat

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60.

Who among the following is the winner of womens table tennis World Cup 2013? A. Wu Yang B. Ding Ning C. Feng Tianwei D. Liu Shiwen E. None of the above The Reserve Bank of India has reduced the Marginal Standing Facility (MSF) rate to 9 per cent from: A. 9.50 percent B. 9.25 percent C. 9.75 percent D. 10.00 percent E. 10.25 percent Who won European Unions Sakharov human rights prize 2013? A. Jafar Panahi B. Malala Yousafzai C. Kofi Annan D. Nasrin Sotoudeh E. Ellen Johnson Sirleaf Shaktiman Mega Food Park has been inaugurated in: A. Punjab B. Uttar Pradesh C. Haryana D. Uttarakhand E. Rajasthan Which company has announced that it would start the mass production of worlds first flexible OLED (organic light-emitting diode) panel for the smartphones? A. Videocon B. Sony C. Samsung D. LG E. Micromax Which among the following Indian airports has signed a Memorandum of Understanding (MOU) to become a sister airport of Birmingham Airport? A. Indira Gandhi International Airport B. Rajiv Gandhi International Airport C. Bengaluru International Airport D. Cochin International Airport E. Chhatrapati Shivaji International Airport The India Post has launched instant electronic money transfer service in partnership with Wall Street Exchange under the name of: A. Quick Money B. Intra Cash C. Insta Cash D. Instant Cash E. Fast Cash

67.

61.

According to World Bank report- Migration and Remittance Flows released recently, which of the following countries has emerged as the largest recipient of foreign remittances? A. Japan B. Mexico C. India D. South Africa E. Indonesia Worlds largest (4,000 MW) solar power project would be built in which State of India? A. Gujarat B. Rajasthan C. Tamil Nadu D. Haryana E. Andhra Pradesh Songo Songo is the first gas block of which country, that had been discovered by ONGC in 1971? A. Madagascar B. Mozambique C. Tanzania D. Zambia E. Kenya Which among the following is the worlds largest importer of potash? A. Canada B. Brazil C. India D. China E. USA The General Anti Avoidance Rules (GAAR) provisions will come into force from: A. April 1, 2016 B. April 1, 2014 C. April 1, 2015 D. March 31, 2014 E. April 1, 2017 The Parliamentary Standing Committee on Finance has opposed giving new bank licenses to corporate houses. Committee was headed by: A. Kapil Sibal B. Yashwant Sinha C. Sitaram Yechury D. P. Chidambaram E. Murli Manohar Joshi

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73.

Which among the following private sector banks has launched Asias first carbon credit card with Visa CodeSure technology, a credit card with multiple security features to check fraudulent transactions? A. HDFC Bank B. Kotak Mahindra Bank C. ICICI Bank D. Axis Bank E. SBI (State Bank of India) Ali Zeidan, was abducted recently. He is the Prime Minister of which of the following countries? A. Republic of Mali B. Syria C. Egypt D. Libya E. Yemen Who among the following personalities have been appointed as the Chairperson of the National Commission for Backward Classes, by the Indian Government recently? A. Justice M. N. Rao B. Justice Vangala Eswaraiah C. Justice S. Ratnavel Pandian D. Justice Ram Surat Singh E. None of the above Name the first Canadian woman, who has been awarded Nobel Prize 2013 in literature. A. Alice Munro B. Toni Morrison C. Elfriede Jelinek D. Doris Lessing E. J. K. Rowling Which among the following pairs is not correctly matched? A. India Phailin B. Philippines Nari C. Japan Wipha D. Indonesia Dorian E. USA Katrina Name the first Indian origin contestant to win the 2014 Miss America pageant. A. Neelam Verma B. Nina Davuluri C. Valene Maharaj D. Sabita Singh E. None of the above

79.

Who has been selected for the Indira Gandhi Award for National Integration for the year 2012? A. MS Swaminathan B. Javed Akhtar C. Anna Hazare D. A. R. Rahman E. Ela Bhatt According to latest report released by United Nations Childrens Fund (UNICEF), which among the following States has stood at worst in India with Infant Mortality rate (IMR) 55? A. West Bengal B. Madhya Pradesh C. Assam D. Odisha E. Chhattisgarh Who is the newly elected Prime Minister of Australia? A. Kevin Rudd B. Julia Gillard C. Tony Abbott D. Edmund Barton E. John Howard Read the following statements carefully: I. Capital gains tax is a tax on the gains one gets by selling assets. II. The tax can be classified into short term capital gain and long term capital gain tax III. Capital gains tax is an indirect tax IV. In case of shares, mutual funds, units of the UTI and zero coupon bond there is exemption from Long term capital gains tax in India. Which of the statements given above are correct? A. I and II only B. I, II and III only C. I, II and IV only D. All of the above E. None of the above is correct

80.

74.

75.

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78.

Consider the following: 1. International Bank f or Reconstruction and Development 2. International Development Agency 3. International Finance Corporation 4. Multilateral Investment Guarantee Agency 5. International Centre for Settlement of Investment Disputes Which of following consists of World Bank Group? A. 1, 2 and 3 only B. 1, 2, 3 and 4 only C. 1, 3, 4 and 5 only D. 2, 3, 4 and 5 only E. All of the above

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84.

Which of the bank acquires 30% stake in Met-Life India Insurance? A. State Bank of India B. Union Bank of India C. Punjab National Bank D. Corporation Bank E. Maharashtra Bank Microsoft had retired Messenger with which of the following internet telephony service? A. Lingo B. Modulis C. AVOXI D. Skype E. Comcast Which general insurer has launched a mobile application called Insure that will allow customers to initiate a claim through the mobile. For example, a customer can send the photographs of the damaged vehicle in case of an accident to the company through this application? A. Bharti-AXA B. Tata-AIG C. Max life insurance D. ING Vysya Life Insurance E. ICICI Lombard What is the approximate share of services sector excluding construction in Indian GDP in 2012-13? A. 50% B. 56% C. 64% D. 40% E. 35% Arrange the following categories of services in decreasing order of their share in GDP at factor cost (current prices):a. Financing, insurance, real estate & business services b. Construction c. Community, social & personal services d. Trade, hotels & restaurants A. B. C. D. E. d, a, c, b a, d, c, b d, c, a, b c, b, a, d d, b, a, c

D. Extending financial services to the rural areas of the country. E. Extending financial services to the BPL population of the country. 90. What is the approximate share of thermal power in the total power production of the country? A. 68% B. 58% C. 78% D. 63% E. 60% Which of the following city will not have the proposed six new AIIMS? A. Jodhpur B. Patna C. Rishikesh D. Raipur E. Indore Name the historian and author who wrote a book on early years of Mahatma Gandhi Titled Gandhi Before India A. Ashwin Sanghi B. Ramchandra Guha C. Satish Chandra D. Bipan Chandra E. Amartya Sen Name the former Indian tennis player who has been appointed as non-playing captain of the Indian Davis Cup by All India Tennis Association. A. Anand Amritraj B. Stephen Amritraj C. Vijay Amritraj D. Ashok Amritraj E. None of the above Which of the following countries has voted in order to approve the ban on beauty pageants for children below 16 years? A. USA B. France C. Australia D. UK E. Germany Who has been appointed as the next Permanent Representative of India to UNESCO with the rank of Ambassador? A. Vinay Sheel Oberoi B. Ruchira Kamboj C. Vijay Keshav Gokhale D. Ashok Thakur E. Kamalesh Sharma

85.

91.

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94.

95. 89. What is the main objective of Financial Inclusion? A. Extending priority sector lending to the large un-served population of the country. B. Extending financial services to the large hitherto un-served population of the country. C. Extending bank licenses to Non-Banking Financial Companies(NBFCs).

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96.

Which among the following countries has launched the worlds first Deep Ultraviolet (DUV) solid-state laser device? A. Germany B. UK C. USA D. China E. France Hindustan Aeronautics Limited has delivered the first advanced jet trainer aircraft to the Indian Navy on September 23, 2013. Name the aircraft. A. Hawk Mk-132 B. Fiat G.80 C. Yakovlev Yak-130 D. Mikoyan MiG-AT E. None of the above The Arogya Kiranam scheme, the first-of-its-kind in the country and a fine model for all States to emulate, has been launched in: A. Karnataka B. Kerala C. Maharashtra D. Andhra Pradesh E. Tamil Nadu

99.

Name the Indian social crusader who has been awarded Allard prize for international integrity, instituted by the University of British Columbias (UBC) law alumnus Peter A Allard. A. Medha Patkar B. Mike Pandey C. Sunderlal Bahuguna D. Anna Hazare E. Kiran Bedi Rahi Sarnobat is associated with which of the following sports? A. Wrestling B. Shooting C. Archery D. Hockey E. Football

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XAT GK COMPENDIUM - 2013

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

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