1. NABARD was established on the recommendation of—
(A) Public Account Committee (B) Shivaraman Committee
(C) Narsimham Committee (D) None of these
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2. VAT is imposed—
(A) Directly on consumer (B) On final stage of production
(C) On first stage of production (D) On all stages between production and final sale
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3. The establishment of IORARC (Indian Ocean Rim Association for Regional Cooperation) was officially declared on—
(A) March 5, 1996 (B) March 5, 1997
(C) April 1, 1997 (D) August 15, 1947
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4. Inside Trading is related to—
(A) Share Market (B) Horse racing
(C) Taxation (D) Public Expenditure
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5. After merger of Air India and Indian Airlines, the new entity is now known as—
(A) India Airlines (B) Air India (C) Indian (D) Indian Airways
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6. Dalal Street is situated at—
(A) London (B) Paris (C) Mumbai (D) New Delhi
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7. What is ‘Stagflation’ ?
(A) Inflation with growth (B) Deflation with growth
(C) Inflation after deflations (D) Inflation with depression
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8. Which Indian plan ensured high growth rate as compared with targeted growth rate ?
(A) Fifth Plan (B) Fourth Plan (C) Second Plan (D) Eighth Plan
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9. Which day is celebrated as ‘National Excise Duty Day’ ?
(A) 26th January (B) 24th February (C) 14th April (D) 10th June
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10. Lahiri Committee was associated with—
(A) Industrial Sickness (B) Minimum Support Prices of Agriculture Products
(C) Price Structure of Edible Oil (D) Handicraft Exports
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11. World Bank has approved the second tranche to the poverty project of—
(A) Gujarat (B) Madhya Pradesh (C) Bihar (D) Rajasthan
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12. National Development Council was constituted in—
(A) 1945 (B) 1948 (C) 1952 (D) 1965
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13. Health Insurance Business is associated with—
(A) LIC (B) UTI (C) GIC (D) State Trading Corporation
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14. DWCRA is now merged in—
(A) JRY (B) SJSRY (C) TRYSEM (D) SGSY
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15. Which country is the largest oil producing country of the world ?
(A) Saudi Arabia (B) Russia (C) America (D) None of these
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16. Which of the following took the decision of establishing ‘South Asian Development Fund’ ?
(A) ADB (B) World Bank (C) SAARC (D) IMF
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17. India is not a member of—
(A) G-15 (B) UNO (C) ASEAN (D) Commonwealth
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18. Which of the following is not a member of SAARC ?
(A) Nepal (B) Pakistan (C) Bangladesh (D) Myanmar
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19. Under new GATT agreements, textile trade related to Multi- Fibre Arrangement (MFA) has to be abolished within—
(A) 5 years (B) 10 years (C) 15 years (D) 20 years
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20. Which country is the largest wheat producing country of the world ?
(A) India (B) China (C) America (D) Switzerland
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21. In which crop India stands first in the world ?
(A) Wheat (B) Rice (C) Sugarcane (D) Cotton
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22. As per unemployment survey made by NSSO, which religion shows the highest Work Population Ratio (WPR) among men in rural areas ?
(A) Hindu (B) Muslim (C) Christians (D) All above religions show equal WPR
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23. Which goods is not imported in India ?
(A) Iron ore (B) Petroleum (C) Cotton (D) Machinery
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24. Asian Development Fund was created by—
(A) Asian Development Bank (B) World Bank
(C) IMF (D) SAARC
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25. Kasturba Gandhi Education Scheme is related to—
(A) Girl education (B) Adult education
(C) Child Labour education (D) Tribal women (above 18 years)
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26. Indian Railways earn the maximum revenue from—
(A) Passenger fare (B) Freight
(C) Traffic tax (D) Passenger tax
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27. According to the latest statistics released by International Tea Committee, the largest tea producer country in the world is—
(A) India (B) Kenya (C) China (D) Indonesia
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28. Which neighbour country has objections on Indian Baglihar Hydroelectric Project ?
(A) Nepal (B) Bhutan (C) Bangladesh (D) Pakistan
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29. Which day is observed as World Habitat Day ?
(A) September 15 (B) September 30 (C) October 1 (D) October 30
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30. Which of the rate is not determined by Reserve Bank of India ?
(A) Bank Rate (B) CRR (C) SLR (D) PLR
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