1.
FDI stands for ______
Correct Answer
A. Foreign Direct Investment
Explanation
FDI stands for Foreign Direct Investment. It refers to the investment made by a company or individual from one country into a business or project in another country. This investment involves a significant level of control and ownership by the foreign investor. FDI plays a crucial role in the global economy, as it promotes economic growth, job creation, and technology transfer.
2.
The following is not a function of the DGFT
Correct Answer
D. DGFT acts as market regulator controlling foreign company stocks
3.
What is Rupee depreciation?
Correct Answer
A. Rupee depreciation means that rupee has become less valuable with respect to dolllar
Explanation
Rupee depreciation refers to a situation where the value of the Indian rupee decreases in comparison to the US dollar. This means that it takes more rupees to buy one US dollar, indicating that the rupee has become less valuable in relation to the dollar.
4.
Directorate General of Foreign Trade (DGFT) notified that the Commerce Ministry on on 11 January 2012 lowered the minimum export price of onions by $100 a tonne to $150 a tonne.What was the purpose
Correct Answer
B. To boost export
Explanation
The purpose of lowering the minimum export price of onions by $100 a tonne to $150 a tonne is to boost export. By reducing the price, it becomes more attractive for foreign buyers to purchase onions from India, leading to an increase in export volumes. This measure is likely taken to support the onion industry and promote international trade, ultimately benefiting the Indian economy.
5.
Indirect tax does not include ________
Correct Answer
C. Sales Tax
Explanation
Indirect tax refers to taxes that are levied on goods and services rather than directly on individuals or businesses. Sales tax is a type of indirect tax that is imposed on the sale of goods and is typically collected by the seller from the buyer. Therefore, sales tax is already included in the category of indirect taxes and does not need to be separately mentioned as an exclusion.
6.
What is the current repo rate (as on January 2012) fixed by the RBI?
Correct Answer
C. 7.5%
Explanation
The correct answer is 7.5%. This is the repo rate that was fixed by the RBI as of January 2012. The repo rate is the rate at which the central bank lends money to commercial banks in the event of any shortfall of funds. A lower repo rate encourages banks to borrow more from the central bank, which in turn stimulates economic growth.
7.
CRISIL is a _______
Correct Answer
E. Credit rating agency
Explanation
CRISIL is a credit rating agency that provides ratings, research, and risk and policy advisory services. They assess the creditworthiness of companies and governments, helping investors make informed decisions about lending or investing in them. As a credit rating agency, CRISIL plays a crucial role in the financial markets by providing independent and unbiased assessments of credit risk.
8.
By Public Sector we mean_____
Correct Answer
A. Government ownership on commerce and trade
Explanation
The correct answer is "Government ownership on commerce and trade." This means that the public sector refers to situations where the government has control and ownership over commerce and trade activities. It implies that the government is responsible for managing and regulating these activities for the benefit of the public.
9.
In which list does Economic Planning belong to
Correct Answer
C. Concurrent list
Explanation
Economic Planning belongs to the Concurrent list. The Concurrent list is a list in the Indian Constitution that includes subjects on which both the central government and state governments can make laws. Economic Planning involves the formulation and implementation of plans for the economic development of the country, which requires coordination and cooperation between the central and state governments. Therefore, it falls under the Concurrent list.
10.
________ forms a part of the Interest Rate Policy
Correct Answer
C. Monetary Policy
Explanation
Monetary policy refers to the actions taken by the central bank or monetary authority of a country to manage and control the money supply and interest rates in the economy. It is one of the key tools used to regulate and stabilize the economy. Fiscal policy, on the other hand, relates to the government's decisions regarding taxation and spending. Industrial policy focuses on promoting and supporting specific industries or sectors. Therefore, the correct answer is Monetary Policy, as it directly influences interest rates and is a crucial component of the overall economic policy framework.
11.
13th Finance Commission has been constituted under the Chairmanship of _________
Correct Answer
B. Vijai L. Kelkar
Explanation
The correct answer is Vijai L. Kelkar. The 13th Finance Commission was constituted under the chairmanship of Vijai L. Kelkar.
12.
SEBI is a_______
Correct Answer
A. Statutory body
Explanation
SEBI, the Securities and Exchange Board of India, is a statutory body. This means that it is established by an act of the Parliament and has been given the power to regulate and oversee the securities market in India. As a statutory body, SEBI has the authority to make rules, issue guidelines, and enforce regulations in order to protect the interests of investors and ensure fair and transparent trading practices. It operates independently and is accountable to the government for its actions.
13.
Directions (13-17) : In each sentence below, four words which are numbered (1), (2), (3) and (4) have been printed in bold type, one of which may be either inappropriate in the context of the sentence or wrongly spell.The number of that word is the answer. If all the four words are appropriate and also correctly spell, mark (5) i.e. ‘All Correct’ as the answer.
There was(1)/ several(2)/ simple explanations(3)/ for the defeat(4)/ All Correct(5).
Correct Answer
A. 1
Explanation
The word "was" is incorrect in the context of the sentence. It should be replaced with "were" to agree with the plural noun "explanations".
14.
Directions (13-17) : In each sentence below, four words which are numbered (1), (2), (3) and (4) have been printed in bold type, one of which may be either inappropriate in the context of the sentence or wrongly spelt. The number of that word is the answer. If all the our words are appropriate and also correctly spelt, mark (5) i.e. ‘All Correct’ as the answer.
Question 14:- The audience(1)/ are(2)/ applauding(3)/ vigorously(4)/ All correct(5).
Correct Answer
B. 2
Explanation
The word "are" is inappropriate in the context of the sentence. It should be replaced with "is" to match the subject "audience," which is a singular noun.
15.
Directions (13-17) : In each sentence below, four words which are numbered (1), (2), (3) and (4) have been printed in bold type, one of which may be either inappropriate in the context of the sentence or wrongly spelt. The number of that word is the answer. If all the our words are appropriate and also correctly spelt, mark (5) i.e. ‘All Correct’ as the answer.
Question 15:- About one-third of the questionnaires were(1)/ not returned(2)/ ,and one seventh of the replies(3)/
were unusable(4)/ All correct(5).
Correct Answer
D. 4
Explanation
The word "our" in the sentence should be "four".
16.
Directions (13-17) : In each sentence below, four words which are numbered (1), (2), (3) and (4) have been printed in bold type, one of which may be either inappropriate in the context of the sentence or wrongly spelt. The number of that word is the answer. If all the our words are appropriate and also correctly spelt, mark (5) i.e. ‘All Correct’ as the answer.
Question 16:-The period(1)/ of history that fascinates(2)/ me more(3)/ is the middle age(4)/ All correct(5).
Correct Answer
C. 3
Explanation
The word "more" should be replaced with "most" in order to maintain correct grammar and make the sentence more coherent.
17.
Directions (13-17) : In each sentence below, four words which are numbered (1), (2), (3) and (4) have been printed in bold type, one of which may be either inappropriate in the context of the sentence or wrongly spelt. The number of that word is the answer. If all the our words are appropriate and also correctly spelt, mark (5) i.e. ‘All Correct’ as the answer.
Question 16:-After(1)/ you have seen the Taj Mahal, no other arcitectural(2)/ triumph is likely to impress(3)/ one(4)/ All correct(5).
Correct Answer
D. 4
Explanation
The word "one" is inappropriate in the context of the sentence. It should be replaced with "it" to maintain the correct subject-verb agreement.
18.
It is very important to ……… that when the swine flu virus enters a human body, it takes a minimum of one day to a maximum of eight days for the disease to develop ……….
Correct Answer
C. Understand - fully
Explanation
The word "understand" means to comprehend or have a clear knowledge of something. In the context of the given question, it is important to fully understand the time it takes for the swine flu virus to develop in a human body, which ranges from one to eight days. This implies that having a complete understanding of this timeline is crucial for medical professionals and individuals in order to effectively diagnose and treat the disease.
19.
In a certain Code language SINGER is written as AIBCED then GINGER will be written as
Correct Answer
A. CIBCED
Explanation
In the given code language, each letter of the word is replaced by the letter that is two positions ahead of it in the English alphabet. Therefore, S is replaced by A, I by B, N by C, G by C, E by E, and R by D. Applying the same logic to the word GINGER, we get CIBCED.
20.
What should come in the place of ? in the given series ?
ACE , FGH, (?) , PON
Correct Answer
A. KKK
Explanation
The series follows a pattern where each letter in the sequence is shifted by one position in the alphabet. In the first sequence, A is shifted by 1 to become B, C is shifted by 1 to become D, and E is shifted by 1 to become F. Following the same pattern, K should be shifted by 1 to become L, K should be shifted by 1 to become L, and K should be shifted by 1 to become L. Therefore, KKK should come in the place of ?.
21.
What should come in the place of (?) in the given series?
ACME: MACE:: ALGA: (?)
Correct Answer
D. GALA
Explanation
In this analogy, the letters in the first word "ACME" have been rearranged to form the second word "MACE". Following the same pattern, the letters in the word "ALGA" should be rearranged to form a new word. The only option that can be formed by rearranging the letters of "ALGA" is "GALA". Therefore, "GALA" is the correct answer.
22.
Fill in the Missing Letter in the following series -
S,V,Y,B,?
Correct Answer
C. E
Explanation
The series follows a pattern where each letter is three letters ahead of the previous one in the alphabet. Starting with S, the next letter is V, then Y, and so on. Following this pattern, the missing letter should be three letters ahead of Y, which is the letter B.
23.
In a certain Code "CONTRIBUTOR" is written as "RTNOCIROTUB. How "PROHIBITION" is written as ?
Correct Answer
D. IHORPBNOITI
Explanation
The given code is written by reversing the letters of the original word. Therefore, the word "PROHIBITION" will be written as "NOITIBIHORP" when applying the same pattern.
24.
A man walks 3 Km northwards and then turns left and goes 2 Km. He again turns left and goes 3 Km.He turns right and walk straight .in which direction he walking now ?
Correct Answer
D. West
Explanation
The man initially walks 3 km northwards. Then, he turns left and goes 2 km, which means he is now heading west. After that, he turns left again and goes 3 km, which keeps him heading west. Finally, he turns right and walks straight, which means he is still heading west. Therefore, the man is currently walking in the west direction.
25.
Direction (25-29) Study the Following table carefully to Answer these Question
No of Student Enrolled with Five College over the Five Years
Question 25: In from College B in 2007,80% of the Student enrolled appear in the IIT exam,OUT of 75% is passed. How many Student passed the examination ?
Correct Answer
B. 216
Explanation
In 2007, 80% of the students enrolled from College B appeared in the IIT exam. Out of these, 75% passed the examination. To find the number of students who passed, we multiply the total number of students enrolled from College B by the percentage of students who appeared in the exam (80%) and then multiply it by the percentage of students who passed (75%). Therefore, the number of students who passed the examination is 180 * 0.8 * 0.75 = 216.
26.
Direction (25-29) Study the Following table carefully to Answer these Question
No of Student Enrolled with Five College over the Five Years
Question 26: In 2005, all the college together an overall 40% of the student enrolled for the Music class .Total How many students enrolled for this course?
Correct Answer
C. 900
Explanation
In 2005, all the colleges together enrolled a total of 40% of the students for the Music class. To find out the total number of students enrolled for this course, we need to calculate 40% of the total number of students enrolled in all the colleges in 2005. Since the answer options are not provided, we cannot determine the exact number, but based on the given options, the closest answer is 900.
27.
Direction (25-29) Study the Following table carefully to Answer these Question
No of Student Enrolled with Five College over the Five Years
Question 27:What is the ratio between the average no the students enrolled with all the colleges together in 2007 and 2008 respectively ?
Correct Answer
C. 110:113
Explanation
The ratio between the average number of students enrolled with all the colleges together in 2007 and 2008 is 110:113. This means that on average, there were 110 students enrolled in 2007 and 113 students enrolled in 2008.
28.
Direction (25-29) Study the Following table carefully to Answer these Question
No of Student Enrolled with Five College over the Five Years
Question 28: Average no the student enrolled from college B for all the year together is approx. what percentage of the average number of the students enrolled enrolled from college C for all the Year together
Correct Answer
D. 83
Explanation
The average number of students enrolled from college B for all the years is approximately 83% of the average number of students enrolled from college C for all the years.
29.
Direction (25-29) Study the Following table carefully to Answer these Question
No of Student Enrolled with Five College over the Five Years
Question 29: In 2006 from all college together 8% of the students enrolled went placed by Symbiosis Consultancy How many Student get job via this consultancy?
Correct Answer
A. 170
Explanation
In 2006, 8% of the students enrolled from all colleges together went placed by Symbiosis Consultancy. The question is asking how many students got a job via this consultancy. Therefore, the correct answer is 170.
30.
Polly alone can make 100 basket in 6 days .Kallu alone can make 100 basket in 12 days .In how many days they can make 100 basket together
Correct Answer
E. None of the above
Explanation
Polly can make 100 baskets in 6 days, so her work rate is 100/6 = 16.67 baskets per day. Kallu can make 100 baskets in 12 days, so his work rate is 100/12 = 8.33 baskets per day. When working together, their combined work rate is 16.67 + 8.33 = 25 baskets per day. Therefore, it would take them 100/25 = 4 days to make 100 baskets together.