GA Quiz 2011 – 17

1.  The Committee of Secretaries has recommended that 51 per cent foreign direct
      investment (FDI) be allowed in the multi-brand retail sector provided the investment
      is not less that than 
      a) $ 100 million
      b) $ 200 million
      c) $ 250 million
      d) $ 500 million
      e) None of the above

2.  At present, how much percent of foreign direct investment (FDI) is allowed in single
     brand retail sector?
     a) 49 per cent
     b) 50 per cent
     c) 51 per cent
     d) 74 per cent
     e) None of these

3.  In 2010-11 crop year , India registered a record output of foodgrains (in million
     tonnes) at 
a) 223.25
     b) 241.56
     c) 252.36
     d) 265.56
     e) None of the above

4.  The United States derivative contracts in which Indian investors will be able to
     trade at the National Stock Exchange from 29 Aug 2011
     a) S&P 500
     b) NASDAQ
     c) Dow Jones Industrial Average (DJIA)
     d) Both (a) & (c)
     e) All the above

5.  With which among the following countries India has NOT signed a bilateral
     Comprehensive Economic Cooperation Agreement (CECA)?
     a) Japan
     b) Malaysia
     c) Singapore
     d) South Korea
     e) South Africa

6.  World Bank has announced to give loan of Rs 2,900 crore for Vishnugad Pipalkoti
     Hydro Electric power project to be set up in
     a) Orissa
     b) Bihar
     c) Uttarakhand
     d) Jharkhand
     e) Karanatka

7.  According to a latest study led by World Health Organisation (WHO), which of
     the following countries has highest number of new born deaths (deaths in the first
     four weeks of life)?
     a) Congo
     b) India
     c) China
     d) Nigeria
     e) Pakistan

8.  With which among the following countries India has signed Double Tax Avoidance
     Agreement in August 2011?

     a) Japan
     b) Switzerland
     c) South Africa
     d) Nigeria
     e) Georgia

9.  Which of the following states is NOT covered under the National Rural Livelihoods
     Mission (NRLM), which aims to reduce poverty among rural BPL families by 
     promoting self-employmen
     a) Maharashtra
     b) Uttar Pradesh
     c) Andhra Pradesh
     d) Madhya Pradesh
     e) Rajasthan

10. Baburam Bhattarai has been sworn-in as new Prime Minister of 
      a) Nepal
      b) Bhutan
      c) Indonesia
      d) Myanmar
      e) None of these

11. What is the name of co-founder and chairman of Apple Inc. who announced his
       resignation in Aug 2011?

      a) Carol Bartz
      b) Steve Jobs
      c) Steve Ballmer
      d) Eric Schmidt
      e) None of these

12. The Madhya Pradesh government is celebrating 2011-12 as the
      a) Year of Forestry
      b) Year of the Tiger
      c) Year of Immunisation 
      d) Year Of Safe Motherhood
      e)  None of the above

13. The second term of UN Secretary General Ban Ki-Moon who has been re-elected
      on June 21, 2011 will begins from 
      a) October 25, 2011
      b) December 1, 2011 
      c) April 1, 2012
      d) January 1, 2012
      e) None of these

14. On June 19, 2011, former National Champion Chetan Anand won the Men’s 
      Single title of 
      a) Maldives Badminton Challenge
      b) Mauritius Open Badminton Championship 
      c) Singapore Open Badminton Championship
      d) Indonesian Open Super Series 
      e) None of the above

15. Who has been appointed as new Chief of Antrix Corporation Limited, a commercial
      wing of ISRO?           

      a) V. S. Hegde     
      b) Pradeep Kumar
      c) N.A.K. Browne
      d) Pratip Chaudhuri
      e)  R.K. Upadhyay

16. ‘Oslo’ which recently came into news for shooting/bomb attack is the capital of 
      a) Libya
      b) Egypt
      c) Yemen
      c) Norway
      d) Austria

17. India Index Services & Products Limited (IISL) is a joint venture between two
      a) NSE and CRISIL Ltd.
      b) NSE and ICRA Ltd.
      c) BSE and CARE Ltd.
      d) BSE and CRISIL Ltd.
      e) None of these

18. Corporates and financial institutions use derivatives to protect themselves against
      changes in
      a) interest rates
      b) exchange rates
      c) raw material prices
      d) Both (a) & (b)
      e) All (a), (b) & (c)

19. A contract between a buyer and a seller entered into today regarding a transaction
      to be fulfilled at a future point in time is called 
      a) Fixed contract
      b) Derivative contract
      c) Forward contract
      d) Future contract
      e) None of the above

20. Over the life of the derivative contract, the value of the derivative
      a) decreases
      b) increases
      c) remains fixed
      d) fluctuates with the price of the so-called “underlying” of the contract
      e) None of these

     Note : – Correct answers are highlighted in red colour. 

About Naren
Full name - Narender Jangra      Location - India    Qualification - MCA

7 Responses to GA Quiz 2011 – 17

  1. mani says:

    plz post abot recent rural devlpmnt schemes and campaigns

  2. varun says:

    Thanks. These are useful for IBPS exam.

  3. sunny says:

    thanks ..for the great quiz..

  4. Kamlesh says:

    Plz send me current affairs on my id. Thanks a lot

  5. Chandan says:

    Please send ansr of quiz-18…..chandan says

  6. amrita says:

    answer is wrong of /question.sorry but required to give feedback

    • Naren says:

      which answer is wrong?
      could you reply the ques. number alongwith the correct ans.?

      with regards

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