GA Quiz 2012 – 15

1.  The 2011-12 fourth quarter growth has been estimated at 
     a) 6.5 per cent
     b) 5.9 per cent
     c) 5.3 per cent
     d) 6.7 per cent
     e) None of the above

2.  Based on the methodologies suggested by Tendulkar Committee, a person in
     rural areas is NOT said to be poor if he consume more than
     a) Rs.22.42 per daily
     b) Rs.25.65 per daily
     c) Rs.27.65 per daily
     d) Rs.28.65 per daily
     e) None of the above

3.  The threshold limit for tax collection at source (TCS) on cash purchase of jewellery
     has been raised from the present Rs 2 Lakh to
     a) Rs 4 lakh 
     b) Rs 5 lakh 
     c) Rs 6 lakh 
     d) Rs 7 lakh  
     e) None of the above

4.  The stock position of food grains (rice and wheat) in the Central Pool as on 1.5.2012
     was _____________.
     a) 674.16 lakh tons
     b) 687.42 lakh tons
     c) 765.23 lakh tons
     d) 711.17 lakh tons
     e) None of the above

5.  Consider the following statements about GAAR:
      1. The General Anti Avoidance Rule (GAAR) was proposed in mid-March as part of the
          budget for fiscal 2013.
      2. GAAR aims to target tax evaders, partly by stopping Indian companies and investors 
          from routing investments through Mauritius or other tax havens for the sole purpose 
          of avoiding taxes.
      3. GAAR will be rollout in the next financial year that begins in April 2013

      Which of the above statements is/are correct?
      a) 1 and 2 only
      b) 2 and 3 only
      c) 1 and 4 only
      d) All 1, 2 and 3
      e) None of the above

6.  To curb black money, India has recently been signed its tenth Tax Information
     Exchange Agreement (TIEA) with the Government of ___________.

     a) Austria 
     b) Bermuda
     c) Bahrain
     d) Bahamas
     e) Argentina   

7.  Which of the following countries will host the Third Nuclear Security Summit in 2014?
     a) France
     b) Germany
     c) Britain
     d) Ireland
     e) Netherland
8.  Four-day Vajra Corps exercise ‘Ashwamedh’ concluded recently. Vajra Corps are the
     defenders of 

      a) Assam border 
      b) Punjab border
      c) Sikkim border
      d) Rajasthan border
      e) Jammu & Kashmir border
9.  Which is the code name of the anti-Maoist operation launched in Latehar district of
     Jharkhand recently?
     a) Operation COBRA
     b) Operation CACTUS
     c) Operation PRAKARAM
     d) Operation OCTOPUS
     e) None of the above

10. Consider the following statement in concern to the criteria used for the finalization
      of items included in Item basket for the new series of Index of Industrial Production
      (IIP) having base year 2004-05.

      1. The product/items which contributed 0.20% or more to total value of production
          at 2-digit industry of NIC-2004 were considered for inclusion in the Item basket.
      2. The items with single unit supplying data were excluded from Item basket.
      3. New items that had entered the market with significant market share driven by
          technological advancement, changed taste and preference of the consumer, improved
          standard of living, etc, were included.
      4. The essential products like tea, coffee, salt and sugar were included.

      Which of the above statements is/are correct?
      a) 1, 2 and 3
      b) 1, 3 and 4
      c) 1, 2 and 4
      d) 2, 3 and 4
      e) All 1, 2, 3 and 4

11. The Index of Industrial Production (IIP) estimate for a given month is always
      released within ______ from that month.

      a) four weeks
      b) five weeks
      c) six weeks
      d) eight weeks
      e) None of the above

12. The present general Index of Industrial Production (IIP) compiled in India has
      in its scope
      1. Mining Sector
      2. Manufacturing Sector
      3. Oil and Gas Sector
      4. Electricity Sector
      5. Construction Sector

      a) 1, 2 and 3 only
      b) 1, 2 and 4 only
      c) 1, 2, 3 and 4 only
      d) 1, 2, 3 and 5 only
      e) All 1, 2 , 3, 4 and 5

13. Which state became the first in country to impose a complete ban on the 
      consumption and sale of gutkha and paan masala?
      a) Bihar
      b) Kerala
      c) Haryana
      d) Uttar Pradesh
      e) Madhya Pradesh

14. Indian TV talk show ‘Satyamev Jayate’ is aired simultaneously on
      a) Star Plus and Doordarshan
      b) Star One and Doordarshan
      c) Star One and Sahara One
      d) Colors Channel and Star Plus
      e) None of the above

15. Name the cup/trophy won by China after defeating South Korea in final held in
      May 2012?
      a) Uber Cup Badminton 2012
      b) Thomas Cup Badminton 2012 
      c) World cup Badminton 2012
      d) Davis Cup Tennis 2012
      e) Azlan Shah Cup Hockey 2012

16. Socio-Economic and Caste Census (SECC) was started by the Rural Development
      Ministry in 2011 from 

      a) Goa
      b) Assam
      c) Kerala
      d) Odisha
      e) Tripura

17. Who won the 2012 Scripps National Spelling Bee trophy recently?
      a) Sukanaya Roy 
      b) Nabeel Rahman
      c) Arvind Mahankali
      d) Snigdha Nandipati
      e) Nicholas Rushlow

18. Which of the following countries is/are official permanent member of Shanghai
      Cooperation Organisation (SCO)?

      1. India
      2. Mongolia
      3. Uzbekistan
      4. Kyrgyzstan

      a) 1 and 2 only
      b) 3 and 4 only
      c) 1 and 3 only
      d) 1, 3 and 4 only    
      e) All 1, 2 ,3 and 4

19. Which scale is used to measure the intensity of tornadoes? 
      a) pH Scale
      b) Richter Scale
      c) Celsius Scale
      d) Fujita Scale
      e) Beaufort Scale   

20. How many cities are covered in The Jawaharlal Nehru National Urban Renewal
      Mission (JNNURM)?
      a) 43
      b) 57
      c) 82
      d) 75
      e) 63

       Note : – Correct answers are highlighted in red color.

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

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