1. According to the Economic Survey, India is placed at which place in Wireless Network mobile users in the World?
a) First
b) Second
c) Third
d) Fourth
Answer b) Second
2. Which ministry presents the Economic Survey in the Parliament every year?
a) Railway Ministry
b) Finance Ministry
c) Foreign Affairs Ministry
D) Home Ministry
Answer is b) Finance Ministry
3. Which department is not under the Ministry of Home Affairs?
a) Department of official language
b) Department of boarder management
c) Department of states
d) Department of public distribution
Answer is (d) Department of public distribution
4. What was the achieved growth rate of GDP in Ninth Five Year Plan?
a) 8.0%
b) 7.0%
c) 7.5%
d) 8.5%
Answer is b) 7.0%
5. The Economic Survey estimated the Forex reserves of India at over 297 billion US dollars. The surge in Forex is attributed to growth in which among the following sector?
a) Export sector
b) Foreign Direct Investments
c) Agricultural output
d) Industrial Output
Aanswer is a) Export sector
6. Finance Minister Pranab Mukherjee proposed to increase the Income Tax Exemption Limit for individual tax payers from 1 lakh 60 thousand to _?
a) 1 lakh 80 thousand
b) 1 lakh 90 thousand
c) 2 lakh
d) 2 lakh 20 thousand
Answer is a) 1 lakh 80 thousand
7. Rashtriya Swasthya Bima Yojana was proposed to be being extended to the beneficiaries of which of the following Union Government schemes?
a) Mahatma Gandhi NREGA beneficiaries
b) Beneficiaries of Swavlamban pension scheme
c) Indira Gandhi National old Age Pension scheme beneficiaries
d) Beneficiaries of Rajiv Gandhi Grameen Vidyutikaran Yojana
Answer is a) Mahatma Gandhi NREGA beneficiaries
8. To enhance credit worthiness of economically weaker sections and LIG households, a Mortgage Risk Guarantee Fund was announced to be created under which of the following scheme or Yojana?
a) Rajiv Awas Yojana
b) Rajiv Gandhi Grameen Vidyutikaran Yojana
c) Indira Awas Yojana
d) Mahatama Gandhi NREGA
Answer is a) Rajiv Awas Yojana
9. Total receipts from service tax during 2011-12 has been estimated at—
a) Rs. 58000 crore
b) Rs. 82000 crore
c) Rs. 78000 crore
d) Rs. 88000 crore
Answer is b) Rs. 82000 crore
10. The maximum limit of Foreign Direct Investment (FDI) in public sector banking is—
a) 51%
b) 50%
c) 33%
d) 49%
Answer is d) 49%
11. By how much did the UNDP’s Human Development Index (HDI) for all countries increase on average from 1970 to 2011?
a. 17 percent
b. 24 percent
c. 33 percent
d. 41 percent
e. 52 percent
Answer is d. 41 percent
12. By how much did the UNDP’s Human Development Index (HDI) for “high human development” countries and “low human development” countries, respectively, change on average from 1980 to 2011?
a. 8.9% decrease (low HDI countries); 2.7% decrease (high HDI countries)
b. 5.6% decrease (low HDI countries); 8.4% increase (high HDI countries)
c. 3.2% increase (low HDI countries); 12.9% increase (high HDI countries)
d. 21.1% increase (low HDI countries); 15.8% increase (high HDI countries)
e. 44.3% increase (low HDI countries); 20.7% increase (high HDI countries)
Answer is e. 44.3% increase (low HDI countries); 20.7% increase (high HDI countries)
13. During the last 50 years from 1960 to 2010, the Green Revolution in agricultural productivity saw agricultural output increase by ___ percent, while the amount of land under cultivation changed by ___ percent.
a. 25% increase in agricultural output with a 50% increase in cultivated land
b. 50% increase in agricultural output with a 40% increase in cultivated land
c. 100% increase in agricultural output with a 30% increase in cultivated land
d. 150% increase in agricultural output with a 20% increase in cultivated land
e. 200% increase in agricultural output with a 10% increase in cultivated land
Answer is e. 200% increase in agricultural output with a 10% increase in cultivated land
14. How many people in the world still lacked access to electricity in 2011?
a. 50 million people
b. 100 million people
c. 250 million people
d. 500 million people
e. 1.5 billion people
Answer is e. 1.5 billion people
15. By how much did the number of natural disasters per year increase on average from 1980-85 to 2005-09?
a. 35 percent (from 132 to 178 per year)
b. 60 percent (from 132 to 211 per year)
c. 85 percent (from 132 to 244 per year)
d. 125 percent (from 132 to 297 per year)
e. 170 percent (from 132 to 357 per year)
Answer is e. 170 percent (from 132 to 357 per year)
16. On average, a resident of a very high human development country accounts for how many times more carbon dioxide emissions than the average person living in a low human development country?
a. 2 times more emissions
b. 5 times more emissions
c. 10 times more emissions
d. 20 times more emissions
e. 30 times more emissions
Answer is e. 30 times more emissions
17. What are the respective per capita carbon emissions of Norway and the United Arab Emirates (UAE)?
a. 5 tons (Norway) and 10 tons (UAE)
b. 10 tons (Norway) and 30 tons (UAE)
c. 15 tons each
d. 20 tons (Norway) and 5 tons (UAE)
Answer is b. 10 tons (Norway) and 30 tons (UAE)
18. By roughly how much does the global annual fish catch of 145 million tons exceed the maximum annual sustainable catch?
a. 10 to 50 percent (14.5 to 72.5 million tons of fish)
b. 20 to 60 percent (29 to 87 million tons of fish)
c. 30 to 70 percent (43.5 to 101.5 million tons of fish)
d. 40 to 80 percent (58 to 116 million tons of fish)
e. 50 to 90 percent (72.5 to 130.5 million tons of fish)
Answer is d. 40 to 80 percent (58 to 116 million tons of fish)
19. What percent of reduced timber harvest (deforestation) does the European Union transfer to developing countries?
a. 25 percent
b. 40 percent
c. 55 percent
d. 75 percent
e. 90 percent
Answer is d. 75 percent
20. Which Nobel Prize-winning economist argued in 1993 that sustainability involved the duty of the current generation to endow future generations with “whatever it takes to achieve a standard of living at least as good as our own and to look after their next generation similarly?”
a. Gary Becker
b. Daniel Kahneman
c. Simon Kuznets
d. Amartya Sen
e. Robert Solow
Answer is e. Robert Solow
21. When was the 1st Rail Budget announced?
a) November 1947
b) October 1966
c) February 1956
d) March 1977
Answer is a) November 1947
22) The Railway Budget was separated from the Central Budget in the year—
a) 1920
b) 1921
c) 1922
d) 1923
Answer is b) 1921
23) What is the year 2011-12 called by the Railway minister Mamata Banerjee?
a) Year of Green Energy
b) Year of the Golden era
c) Year of the century
Answer is a) Year of Green Energy
24) What is the name given to the new rail line between Delhi-Mumbai started early 2012?
a) Golden Rail Corridor
b) Shatabdi Express
c) Garbha Express
d) Sampark Kranti Express
Answer is a) Golden Rail Corridor
25) Name the device which is approved by railways in rail budget to avoid collision of trains?
a) Anti Collision Device
b) Anti Ballistic Device
c) Anti Combining Device
d) Anti Power Device
Answer is a) Anti Collision Device
26) What is the name given to the special trains to promote tourism?
a) Janam Bhoomi Gaurav
b) Duranto Express
c) Swarna Shatabdi
Answer is a) Janam Bhoomi Gaurav
27) What is the name of the multi-purpose smart card which would be introduced on pilot basis which can be used in booking counters, vending machines, internet etc?
a) Win-India
b) Go-India
c) Fly-India
Answer is b) Go-India
a) First
b) Second
c) Third
d) Fourth
Answer b) Second
2. Which ministry presents the Economic Survey in the Parliament every year?
a) Railway Ministry
b) Finance Ministry
c) Foreign Affairs Ministry
D) Home Ministry
Answer is b) Finance Ministry
3. Which department is not under the Ministry of Home Affairs?
a) Department of official language
b) Department of boarder management
c) Department of states
d) Department of public distribution
Answer is (d) Department of public distribution
4. What was the achieved growth rate of GDP in Ninth Five Year Plan?
a) 8.0%
b) 7.0%
c) 7.5%
d) 8.5%
Answer is b) 7.0%
5. The Economic Survey estimated the Forex reserves of India at over 297 billion US dollars. The surge in Forex is attributed to growth in which among the following sector?
a) Export sector
b) Foreign Direct Investments
c) Agricultural output
d) Industrial Output
Aanswer is a) Export sector
6. Finance Minister Pranab Mukherjee proposed to increase the Income Tax Exemption Limit for individual tax payers from 1 lakh 60 thousand to _?
a) 1 lakh 80 thousand
b) 1 lakh 90 thousand
c) 2 lakh
d) 2 lakh 20 thousand
Answer is a) 1 lakh 80 thousand
7. Rashtriya Swasthya Bima Yojana was proposed to be being extended to the beneficiaries of which of the following Union Government schemes?
a) Mahatma Gandhi NREGA beneficiaries
b) Beneficiaries of Swavlamban pension scheme
c) Indira Gandhi National old Age Pension scheme beneficiaries
d) Beneficiaries of Rajiv Gandhi Grameen Vidyutikaran Yojana
Answer is a) Mahatma Gandhi NREGA beneficiaries
8. To enhance credit worthiness of economically weaker sections and LIG households, a Mortgage Risk Guarantee Fund was announced to be created under which of the following scheme or Yojana?
a) Rajiv Awas Yojana
b) Rajiv Gandhi Grameen Vidyutikaran Yojana
c) Indira Awas Yojana
d) Mahatama Gandhi NREGA
Answer is a) Rajiv Awas Yojana
9. Total receipts from service tax during 2011-12 has been estimated at—
a) Rs. 58000 crore
b) Rs. 82000 crore
c) Rs. 78000 crore
d) Rs. 88000 crore
Answer is b) Rs. 82000 crore
10. The maximum limit of Foreign Direct Investment (FDI) in public sector banking is—
a) 51%
b) 50%
c) 33%
d) 49%
Answer is d) 49%
11. By how much did the UNDP’s Human Development Index (HDI) for all countries increase on average from 1970 to 2011?
a. 17 percent
b. 24 percent
c. 33 percent
d. 41 percent
e. 52 percent
Answer is d. 41 percent
12. By how much did the UNDP’s Human Development Index (HDI) for “high human development” countries and “low human development” countries, respectively, change on average from 1980 to 2011?
a. 8.9% decrease (low HDI countries); 2.7% decrease (high HDI countries)
b. 5.6% decrease (low HDI countries); 8.4% increase (high HDI countries)
c. 3.2% increase (low HDI countries); 12.9% increase (high HDI countries)
d. 21.1% increase (low HDI countries); 15.8% increase (high HDI countries)
e. 44.3% increase (low HDI countries); 20.7% increase (high HDI countries)
Answer is e. 44.3% increase (low HDI countries); 20.7% increase (high HDI countries)
13. During the last 50 years from 1960 to 2010, the Green Revolution in agricultural productivity saw agricultural output increase by ___ percent, while the amount of land under cultivation changed by ___ percent.
a. 25% increase in agricultural output with a 50% increase in cultivated land
b. 50% increase in agricultural output with a 40% increase in cultivated land
c. 100% increase in agricultural output with a 30% increase in cultivated land
d. 150% increase in agricultural output with a 20% increase in cultivated land
e. 200% increase in agricultural output with a 10% increase in cultivated land
Answer is e. 200% increase in agricultural output with a 10% increase in cultivated land
14. How many people in the world still lacked access to electricity in 2011?
a. 50 million people
b. 100 million people
c. 250 million people
d. 500 million people
e. 1.5 billion people
Answer is e. 1.5 billion people
15. By how much did the number of natural disasters per year increase on average from 1980-85 to 2005-09?
a. 35 percent (from 132 to 178 per year)
b. 60 percent (from 132 to 211 per year)
c. 85 percent (from 132 to 244 per year)
d. 125 percent (from 132 to 297 per year)
e. 170 percent (from 132 to 357 per year)
Answer is e. 170 percent (from 132 to 357 per year)
16. On average, a resident of a very high human development country accounts for how many times more carbon dioxide emissions than the average person living in a low human development country?
a. 2 times more emissions
b. 5 times more emissions
c. 10 times more emissions
d. 20 times more emissions
e. 30 times more emissions
Answer is e. 30 times more emissions
17. What are the respective per capita carbon emissions of Norway and the United Arab Emirates (UAE)?
a. 5 tons (Norway) and 10 tons (UAE)
b. 10 tons (Norway) and 30 tons (UAE)
c. 15 tons each
d. 20 tons (Norway) and 5 tons (UAE)
Answer is b. 10 tons (Norway) and 30 tons (UAE)
18. By roughly how much does the global annual fish catch of 145 million tons exceed the maximum annual sustainable catch?
a. 10 to 50 percent (14.5 to 72.5 million tons of fish)
b. 20 to 60 percent (29 to 87 million tons of fish)
c. 30 to 70 percent (43.5 to 101.5 million tons of fish)
d. 40 to 80 percent (58 to 116 million tons of fish)
e. 50 to 90 percent (72.5 to 130.5 million tons of fish)
Answer is d. 40 to 80 percent (58 to 116 million tons of fish)
19. What percent of reduced timber harvest (deforestation) does the European Union transfer to developing countries?
a. 25 percent
b. 40 percent
c. 55 percent
d. 75 percent
e. 90 percent
Answer is d. 75 percent
20. Which Nobel Prize-winning economist argued in 1993 that sustainability involved the duty of the current generation to endow future generations with “whatever it takes to achieve a standard of living at least as good as our own and to look after their next generation similarly?”
a. Gary Becker
b. Daniel Kahneman
c. Simon Kuznets
d. Amartya Sen
e. Robert Solow
Answer is e. Robert Solow
21. When was the 1st Rail Budget announced?
a) November 1947
b) October 1966
c) February 1956
d) March 1977
Answer is a) November 1947
22) The Railway Budget was separated from the Central Budget in the year—
a) 1920
b) 1921
c) 1922
d) 1923
Answer is b) 1921
23) What is the year 2011-12 called by the Railway minister Mamata Banerjee?
a) Year of Green Energy
b) Year of the Golden era
c) Year of the century
Answer is a) Year of Green Energy
24) What is the name given to the new rail line between Delhi-Mumbai started early 2012?
a) Golden Rail Corridor
b) Shatabdi Express
c) Garbha Express
d) Sampark Kranti Express
Answer is a) Golden Rail Corridor
25) Name the device which is approved by railways in rail budget to avoid collision of trains?
a) Anti Collision Device
b) Anti Ballistic Device
c) Anti Combining Device
d) Anti Power Device
Answer is a) Anti Collision Device
26) What is the name given to the special trains to promote tourism?
a) Janam Bhoomi Gaurav
b) Duranto Express
c) Swarna Shatabdi
Answer is a) Janam Bhoomi Gaurav
27) What is the name of the multi-purpose smart card which would be introduced on pilot basis which can be used in booking counters, vending machines, internet etc?
a) Win-India
b) Go-India
c) Fly-India
Answer is b) Go-India
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