1. What percentage of Central Taxes was recommended by the 13th Finance Commission to be transferred to States?
(A) 28.5% (B) 29.5% (C) 32% (D) 31.5%
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2. As per the report on State of Forest 2011, what is the percentage coverage of forest area in the total geographical area of the country?
(A) 22.20% (B) 21.30% (C) 21.05% (D) 19.90%
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3. Mixed Economy means–
(A) Co-existence of small and large industries
(B) Promoting both Agriculture and Industries in the economy
(C) Co-existence of public and private sectors
(D) Co-existence of rich and poor
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4. For senior citizens (Age group 60-80 years.) the individual tax exemption limit in Union Budget 2014-15 has been placed at–
(A) Rs. 2.5 lakh (B) Rs. 3.0 lakh (C) Rs. 3.5 lakh (D) Rs. 5.0 lakh
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5. Increase in net RBI credit for Central Government represents–
(A) Budgetary Deficit (B) Revenue Deficit (C) Fiscal Deficit (D) Monetised Deficit
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6. Which pair is not correct?
(A) Rekhi Committee – Simplification of Export and Import
(B) Nanjundappa Committee – Railway Fare
(C) Rangrajan Committee – Balance of Payment
(D) Goiporia Committee – Banking Service Improvements
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7. Which of the following company has won in the bid to acquire Sat yam Computer Service?
(A) Larsen and Toubro (B) Tech-Mahindra (C) Wipro (D) None of the above
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8. As per Census 2011, which of the following registers the highest density in the country?
(A) Delhi (B) Chandigarh (C) Puducherry (D) West Bengal
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9. For which period, the recommendations of 14th Finance Commission will be applicable?
(A) 2013-18 (B) 2014-19 (C) 2015-20 (D) 2016-21
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10. Forward Market Commission (FMC) has stopped trading on Saturdays for–
(A) Only agriculture commodities (B) Only non-agriculture commodities
(C) Both (A) and (B) (D) None of the above
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11. Scheduled Bank is that bank which is–
(A) Nationalised (B) Not nationalised
(C) Based at foreign country (D) Included III the second schedule of RBI
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12. NCEAR has projected India’s GDP growth for the year 2013-14 at–
(A) 5.6% (B) 5.8% (C) 6.2% (D) 6.4%
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13. Which city is known as ‘Electronic City’ ?
(A) Gurgaon (B) Bengaluru (C) Jaipur (D) Salem (Tamil Nadu)
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14. The operational date of TRIPS agreement of WTO is–
(A) January 1, 2004 (B) January 1, 2005 (C) January 1, 2006 (D) January 1, 2007
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15. Income Tax in India was introduced by–
(A) Sir Charles Wood (B) Lord Macaule (C) James Wilson (D) William Jones
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16. Which type of bank account can be opened by a Non-Resident Indian (NRI) in India?
(A) Current Account (B) Fixed Deposit Account (C) Savings Account (D) Locker Account
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17. Which rural schemes were merged with Swarna Jayanti Gram Swarojgar Yojana ?
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18. The apex organisation of industrial finance in India is–
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19. Bhandari Committee was related to–
(A) The entry of private units in telecommunication sector (B) The reorganisation of Railway Zones
(C) The reconstruction of RRB (D) The reforms in oil sector
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20. What is Green Gold?
(A) Tea (B) Coffee (C) Gold (D) Rice
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21. Which of the following day has been declared as Income Tax Day?
(A) July 18 (B) July 24 (C) August 16 (D) September 1
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22. The base of Consumer Price Index for Industrial Workers is being shifted from 1982 to–
(A) 1995 (B) 1998 (C) 2000 (D) 2001
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23. The top debtor country in the world is–
(A) Russia (B) Brazil (C) Mexico (D) China
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24. Oil pool account has been wound up with effect from–
(A) January 1, 2002 (B) April 1, 2002 (C) January 1, 2003 (D) April 1, 2003
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25. To which service, the government has notified Service Tax Refund Scheme for exporter?
(A) Port services (B) Railway service (C) Road service (D) All of the above
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26. ‘Laadli Laxmi Yojana’ has been launched by……….government for supporting girls of all religion and caste upto their marriage.
(A) Rajasthan (B) Madhya Pradesh (C) Uttar Pradesh (D) Gujarat
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27. Aam Admi Bima Yojana, launched on October 2, 2007 provides insurance on natural death of–
(A) Rs. 30,000 (B) Rs. 50,000 (C) Rs. 75,000 (D) Rs. 1,00,000
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28. For Public Sector Refineries, the foreign direct investment limit has been raised from 26% to–
(A) 49% (B) 51 % (C) 61 % (D) 75%
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29. As per 2011 census (final data) the literacy rates in rural and urban areas of the country stand at–
(A) 70.3% and 82.1 % respectively (B) 67.8% and 84.1 % respectively
(C) 65.3% and 82.6% respectively (D) 69.2% and 78.9% respectively
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30. The growth rate of country’s population during 200l-11 stood at 17.7%. In rural and urban areas of the country it stood at–
(A) 31.8% and 12.3% respectively (B) 12.3% and 31.8% respectively
(C) 16.4% and 28.6% respectively (D) 14.6% and 12.3% respectively
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