1. Which of the following statements are true about Bharat Ratna?

i) India's highest civilian award.

ii) The award was established on 2 January 1954.
iii) C.Rajagopalachari, C.V.Raman, and Sarvepalli Radhakrishnan are the first
recipients of Bharat Ratna in 1954.
iv) Pandit Bhimsen Joshi was awar-ded the Bharat Ratna in 2008.

a) Only i & ii
b) Only ii & iii
c) Only iii & iv
d) All of the above
e) None of these

2. Which among the following is correct about Parmanand Jha?

a) The President of Nepal
b) The Vice President of Nepal
c) The Prime Minister of Nepal
d) The Deputy Prime Minister of Nepal
e) None of These

3. Which country was ranked 84 with score of 3.4 out of 180 countries, by
Transparency Internati -onal's Corruption Perception Index (CPI) 2009?

a) New Zealand
b) Denmark
c) Singapore
d) India e) Somalia

4. Recently 13th Finance Commis-sion submitted its report. Who is the Chairman of
the 13th Finance Commission?

a) C.Rangarajan
b) Vijay Kelkar
c) M.K.Narayanan
d) S.S.Menon
e) Montek Singh Ahluwalia

5. Who is the new Director General of the National Investigation Agency (NIA)?
a) Radha Vinod Raju
b) Sharad Chandra Sinha
c) Ashwani Kumar
d) K.C.Verma
e) None of these

6. Consider the following:

1) Corporate Tax
2) Fringe Benefit Tax
3) Securities Transaction Tax
4) VAT
5) Excise Duty
6) Customs Duty

7) Income Tax

Which of the above is/are Direct Tax/Taxes?

a) 1, 2,3 and 7 only
b) 2,3,4 and 5 only
c) 3,4,5 and 6 only
d) 4,5,6 and 7 onlny
e) None of these

7. Which one of the following is the correct statement?

Service tax is a / an
a) Indirect tax levied by the Central Government.
b) Direct tax levied by the Central Government.
c) Indirect tax levied by the State Government.
d) Direct tax levied by the Central Government.
e) None of these.

8. Consider the following statements:

1. RBI was nationalized on 1 April, 1935.
2. NABARD was established on 12 July, 1982.
3. NHB was set up on July 9, 1988
4. SIDBI was established on April 2, 1990.
Which of the statements given above is/are correct?
a) 1 & 2 only b) 1,2 & 3 only
c) 2,3 & 4 only d) Both 1 and 2
e) None of these

9. Consider the following pairs:

Bank Country of Origin
1) Kookmin Bank: South Korea.
2) Deutsche Bank: Japan.
3) Sonali Bank: Bangladesh.
4) ABN Amro Bank: USA
5) Habib Bank: Pakistan.
Which of the above pairs is/are correctly matched?

a) 1, 2 and 3 only
b) 2, 3 and 4 only
c) 1, 3 and 5 only
d) 3, 4 and 5 only
e) None of these
10. The tertiary sector of the economy is also known as
a) Agriculture b) Mining
c) Manufacturing
d) Service Sector
e) None of these

11. Which among the following generally denotes National Income?

a) Net National Product at Factor Cost

b) Net National Product at Market Prices
c) Gross National Product at Factor Cost
d) Gross National Product at Market Prices
e) None of these

12. Consider the following pairs:

1) Volkswagen AG : Germany
2) Renault : Japan.
3) Volvo : Sweden.
4) Toyota : USA.
5) Fiat : Italy
Which of the following pairs given above is/are correctly matched?
a) 1, 2 and 3
b) 2, 3 and 4 only
c) 1, 3 and 5 only
d) 1, 2, 3, 4 and 5
e) None of these

13. Consider the following countries:

1) Germany 2) Russia
3) France 4)Switzerland
5) Sweden
Which of the above is/are members of European Union?

a) 1, 2 and 3 only
b) 2, 3 and 4 only
c) 3, 4 and 5 only
d) 1, 3 and 5 only
e) None of these

14. Elinor Ostrom, who won the 2009 Nobel Memorial Prize in Economic Sciences ,
is from
a) Germany b) U.K.
c) France d) USA
e) None of these

15. In the context of Global Econo-my, Which one of the following pairs is not
correctly matched?
a) JP Morgan Chase:
Financial Services.
b)American International Group:
Insurance.
c) McGraw-Hill : Publishing.
d) Pfizer : pharmaceutical industry
e) Credit Suisse : Retail

16. Lee Myung-bak whose name was in news recently is the .

a) President of China
b) Prime Minister of Japan
c) President of Kazakhstan
d) President of South Korea
e) Prime Minister of Russia

17. Which of the following is/are the measure(s) taken by the Reserve Bank of India
(RBI) to ease the liquidity crunch in the country ?

a) Cut in CRR and SLR.

b) Increase the flow of FDI.
c) Increase in the CRR and SLR
d) Supply of additional currency notes in the market.
e) None of these

18. Which of the following programmes is being implemented in all the districts of
the country ?

a) Bharat Nirman
b) JNNURM
c) Sarva Shiksha Abhiyan
d) MGNREGS
e) None of these

19. As we all know more and more countries/organizations are now going for Non-
Cash Transactions and accordingly Banks have laun- ched many new products in the
market for the same. Which of the following products is a non-cash transaction
product?

a) Only ATM Card

b) Only Credit Card
c) Only Prepaid Card
d) Only Debit Card
e) All are non-cash transaction products

20. India is a member of the which of the following?

1) Asian Development Bank
2) South Asian Association for Regional Cooperation
3) Association of South East Asian Nations
4) Asia-Pacific Economic Coopera-tion
Select the correct answer using the code given below Code :
a) 1 and 4 only b) 2 and 3 only
c) 1 and 2 only d) 1, 2, 3 and 4
e) None of these

21. The President of Germany visited India on February 2, 2010:

a) Angela Merkel
b) Horst Koehler
c) Najib Tun Razak
d) Gordon Brown
e) None of these

22. Consider the following statements:

A. The Life Insurance Corporation of India (LIC) is the largest life insurance
company in India, and also the country's largest investor.
B. The General Insurance Corporation of India (GIC Re) is the sole Reinsu-rance
company in the domestic reinsurance market in India
C. United India Insurance Company Limited is the largest General Insur-ance
Company in India.
Which of the statements given above is/are correct?
a) Only A & B b) Only B & C
c) Only A & C d) All A, B & C e) None of these

23. Who is the new National Security Adviser(NSA)?

a) M.K.Narayanan
b) Shiv Shankar Menon
c) V.K. Saraswat
d) Srikumar Banerjee
e) None of these

24. 16th SAARC summit 2010 will be held in

a) India b) Srilanka
c) Bhutan d) Afghanistan e) None of these.

25. Consider the following statements:

A. India was ranked 84 with score of 3.4 out of 180 countries, by Transp-arency
International's Corruption Perception Index (CPI) 2009. New Zealand, Denmark and
Singapore were ranked top 3 in low levels of corruption.
B. Iceland has claimed the top spot of the World Economic Forum's Glo-bal Gender
Gap Index 2009.India has been ranked 114th out of 134 countries measured.
C. UNDP has announced Human Development Index (HDI) rankings for the year
2009. Norway (.971) stood first followed by Australia and Iceland. India (.612)
dropped to 134th rank from 128th (2008).USA was ranked 13th(12th in 2008)and
China 92nd (99th in 2008).
Which of the statements given above is/are correct?

a) Only A & B b) Only B & C c) Only A & C d) All A, B & C e) None of these