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Friday, November 15, 2013

Practise Bits

1.     To review tax laws and suggest ways for a stable and non-adversarial tax administration, the Government of India on August 26, 2013 set up a Tax Administration Reform Com mission (TARC) under the Chairmanship of?
    1) Parthasarathy Shome     2) Y.G.Parande
    3) S.S.N. Moorthy        4) M.R.Diwakar
    5) None of these
2.     National Media Center was inaugurated by the Prime Minister Dr. Manmohan Singh and UPA Chairperson Sonia Gandhi on August 24, 2013 in which of the following cities?
    1) Hyderabad     2) New Delhi
    3) Mumbai    4) Chandigarh
    5) Bangalore
3.     Who has been chosen for 2012-13 Rajiv Gandhi Khel Ratna, India's highest honour for a sportsperson? (The award will be given on August 31, 2013)
    1) Krishna Poonia     2) Gagan Narang
    3) Ronjan Sodhi    4) P.V. Sindhu
    5) Vijay Kumar
4.     Who is the author of the book \"My Journey: Transforming Dreams into Actions\"? (It was launched in August 2013)
    1) Amartya Sen     2) Barack Obama
    3) Tony Blair    4) A P J Abdul Kalam
    5) Pranab Mukherjee
5.     As per a Global digital measurement and analytics ComScore report released in August 2013, what is India's rank in Internet usage?
    1) First  2) Second  3) Third  4) Fourth  5) Fifth
6.     Telugu novelist Malathi Chandur passed away in August 2013. She was a winner of ?
    1) Jnanpeet Award       2) Vyas Samman
    3) Saraswati Samman  4) Sahitya Akademi Award
    5) None of these
7.     Head Office of which of the following banks is in Delhi?
    1) UCO Bank     2) Bank of India
    3) Corporation Bank    4) United Bank of India
    5) Punjab National Bank
8.     Pakistan is a member of ?  
    1) ASEAN     2) APEC       3) NATO
    4) OPEC     5) SAARC
9.     Who is the author of the book 'Diamond Dust'?
    1) Salman Rushdie     2) Anita Desai
    3) Chetan Bhagat    4) Arundhati Roy
    5) Rashmi Bansal
10.     Which of the following is the name of a country?
    1) Afghani     2) Peso         3) Zagreb
    4) Botswana     5) Brasilia
11. Which of the following terms is not used in Banking/Finance?              
    1) Letter of Credit         2) LIBOR
    3) Back Up Guarantee    4) Factoring services
    5) Polymerization
12. Which Russian city will host the 2015 World Aquatic Championships?
    1) Kazan     2) Samara         3) Omsk
    4) Perm     5) Volgograd
13. 'Copa America', an international tournament involving 12 teams, is associated with?
    1) Basketball     2) Football        3) Tennis
    4) Golf     5) Snooker
14. Which of the following terms is used in the field of Banking /Finance?
    1) Amendment     2) Reflex Action  3) Dribble
    4) Active Asset     5) None of these
15. SAFTA is a trade agreement among the members of?
    1) G8     2) G20     3) BRICS
    4) SAARC     5) ASEAN
16. The Head of the Public Sector Bank in India is designated as?
    1) Governor     2) President
    3) Vice President    4) Chief Executive Officer
    5) Chairman and MD
17.     Who among the following is a famous economist?
    1) John Milton  2) John Keats 3) Thomas Malthus
    4) Robert Frost  5) O Henry
18. World Ozone Day is celebrated on?
    1) September 8     2) November 8
    3) November 16    4) September 16
    5) September 27
19. The capital of Vietnam is?
    1) Phnom Penh     2) Jakarta     3) Manila
    4) Hanoi     5) Yangon
20.     The term 'Insider Trading' is associated with?
    1) Insurance     2) Defense   3) Stock Market
    4) Parliament     5) Journalism
21. Which of the following is a major function of the Reserve Bank of India?  
    1) Regulating Stock Exchanges
    2) Deciding Foreign Trade Policy of India
    3) Preparing Union Budget
    4) Framing Fiscal Policy
    5) None of these
22. Which of the following countries is a member of OPEC?
    1) Jordan     2) Libya     3) Syria
    4) Bangladesh     5) Bahrain
23.     Cotton is normally grown in?
    1) Red soil 2     2) Yellow soil   3) Regur soil
    4) Laterite soil 5) Sand
24.     Buddh International Circuit is related to?
    1) Cricket     2) Hockey     3) Football
    4) Formula One     5) Tennis
25. Which of the following is an advance to priority sector by the banks?
    1) Loan to a sick industry
    2) Loan given to purchase a house
    3) Loan to farmers for agricultu ral purpose
    4) Loan to establish a hospital in a city
    5) None of these
26. Who is the author of the book 'Inside the Third World: The Anatomy of Poverty'?
    1) Paul Harrison     2) Paul Krugman
    3) Amartya Sen    4) William Golding
    5) Gunnar Myrdal
27. Which was the principal plant used in Green Revolution?
    1) Japonica Rice     2) Indian Rice
    3) Emmer Wheat    4) Mexican Wheat
    5) None of these
28. The rotation of crops is essential for?
    1) Increasing protein content in plants
    2) Getting different crops
    3) Increasing soil fertility
    4) Both 1 and 2    5) All 1, 2 and 3
29. The study of vegetables is called?
    1) Pomology     2) Floriculture   3) Sericulture
    4) Olericulture     5) None of these
30. A statement that depicts the financial position of a business organization at a given point of time is called?
    1) Reconciliation statement
    2) Statement of Product Details
    3) Balance Sheet    
    4) Trading Account
    5) None of these
31. The currency of Ethiopia is?
    1) Birr     2) Rial     3) Peso
    4) Manat     5) Dinar
32. By what name were the Common Wealth Games known when they were first held in 1930?
    1) British Empire Games
    2) British Empire and Common Wealth Games
    3) British Common Wealth Games
    4) Queen's Empire Games
    5) None of these
33. Sunita Narain is the editor of which science and environment focused magazine?
    1) Seminar     2) Sanctuary
    3) Down to Earth    4) National Geography
    5) None of these
34. Who propounded the theory of 'Hierarchy of Needs'?
    1) Peter Drucker     2) Gary Becker
    3) Amos Tversky    4) Abraham Maslow
    5) None of these
35. 'Kahani', a Bollywood film that won several awards, was directed by?
    1) Anurag Basu     2) Anurag Kashyap
    3) Sujoy Ghosh    4) Prakash Jha
    5) Rituparno Ghosh
36. What is India's Gross Domestic Product (GDP) growth in the first quarter (April-June) of the fiscal year 2013-14?
    1) 5.4 per cent     2) 4.8 per cent
    3) 2.8 per cent    4) 4.4 per cent
    5) 5.5 per cent
37. Seamus Heaney of Ireland died on August 30, 2013. He had won the 1995 Nobel Prize in?
    1) Economics     2) Literature     3) Peace
    4) Physics     5) Medicine
38. Which country defeated India 4-3 in the final of the Asia Cup Hockey at Ipoh, Malaysia on September 1, 2013?
    1) Pakistan     2) Malaysia    3) South Korea
    4) Japan     5) Oman
39. Which Tennis player is the author of the book 'The Moon Baller'?
    1) Sania Mirza     2) Ramesh Krishnan
    3) Nirupama Vaidyanathan
    4) Leander Paes     5) Mahesh Bhupathi
40. Which company on August 23, 2013 announced that its CEO, Steve Ballmer, will retire from the company after a successor is chosen?
    1) Google      2) Oracle     3) Yahoo!
    4) Microsoft     5) Amazon.com
Answers
1. 1     2. 2      3. 3     4. 4     5. 3     6. 4
7. 5     8. 5    9. 2     10.4     11.5     12.1
13.2     14.4     15.4     16.5    17.3     18.4
19.4     20.3     21.5     22.2     23.3     24.4
25.3     26.1     27.4     28.3     29.4     30.3
31.1     32.1    33.3     34.4     35.3     36.4
37.2     38.3     39.3     40.4

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