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Friday, January 22, 2010

Punjab National Bank - Agriculture officers exam - Economics Paper - Part 1

1. Say’s Law of Markets states that-
Demand creates its own supply  Supply creates its own demand  Demand creates its own demand  Supply creates its own supply  None of these

2. Malthusian theory of population is based on-
Harmonic progression of population  Geometric progression of food production  Arithmetic progression of population  Geometric progression of population  All of the above

3. Gresham’s Law states that-
Good money drives bad money out of circulation  Bad money drives good money out of circulation  Both good money and bad money may co-exist  Neither bad money nor good money may be long in circulation  None of these

4. The on-going melt down had its origin in-
The real sector  The financial sector  The service sector  The textile sector  None of these

5. A competitive firm maximizes its profit when-
MR = AR  MR = MC  MC = AC  MC = AR  None of these

6. ‘Supernormal’ profit may exist in a market due to-
Asymmetry of information  Restriction of information  Quantity restriction  Price restriction  All the above

7. Profit is caused by-
Dynamic element in the economy  Innovation  Windfall  All of the above  None of these

8. Interest is paid-
To compensate for inflation  Due to superiority of present over future goods  Because demand for money outstrips its supply  To ensure the growth of the real sector  All the above

9. Investment is defined as a-
Deployment of a sum in business operations  Purchasing an interest bearing bond  Change in the stock of capital  All the above  None of these

10. The unproductive expenditure of the rich is-
Necessary to the employment of the poor  An impediment to the growth of an economy  Having no bearing on the economy  Having bearing only on the economy of the rich  None of these

11. Heckscher-Ohlin theory explains-
Pattern of trade in terms of relative factor endowments of countries  Why a country may import products which use extensively the country’s scarce factor  The law of comparative cost  The concept of reciprocal demand  All the above

12. ‘Quasi-rents’-
Are in the nature of free gifts  May be applicable to all factors of production  Comprise of all the returns to the firm in excess of the returns of the marginal firm  All the above  None of these

13. The indifference curve technique is essentially-
A cardinal approach  An ordinal approach  A quasi-ordinal approach  All the above  None of these

14. The slope of an indifference curve expresses-
The marginal rate of substitution of two goods  A ratio of marginal utility of one good to another  Both (A) and (B)  A ratio of total utility of one good to another  None of these

15. ‘Pass through’ effect in international trade theory refers to-
The proportion of an exchange rate change that is reflected in export and import price change  Exports and imports not facing any tariff barrier  Exports and imports not facing any technical barrier  All of the above  None of these

16. Uruguay Round of multilateral trade negotiations-
Started in 1986 and completed at the end of 1993  Aimed at reversing the rising trend of non-tariff trade barriers  Replaced the GATT with WTO  Brought services and agriculture into WTO  All of the above

17. Product Cycle Model in international trade theory (Vernon, 1966)-
Is an extension of technological gap model  Is an extension of Heckscher-Ohlin model  Explains dynamic comparative advantage of new products and new processes of production  All of the above  None of these

18. Hedging and speculation in forex markets-
Are opposite activities  Parallel activities  Same activities  All of the above  None of these

19. A currency swap refer to-
A spot sale of currency combined with a forward repurchase of the same currency-as part of single transaction  A forward sale of currency combined with a forward repurchase of the same currency-as part of a single transaction  A forward sale of currency combined with a forward repurchase of the same currency-in two different transactions  All of the above  None of these

20. Public-Private Partnership projects in India are mostly related to-
Airports  Ports  Railways  Roads  Urban development

Click here for PNB Officers Exam Economics Part II

Punjab National Bank - Agriculture officers exam - Economics Paper - Part 2

21. The largest share in the short term money market of India in recent times belonged to the segment-
Collaterised Borrowing and Lending Obligation (CBLO)  Traditional repo  Clearcorp Repo Over Matching System (CROMS)  Call  Others

22. As per the revised estimate of CSO, the GDP in India at factor cost during 2008-09 was-
Rs. 28,71,120 crore  Rs. 31,29,717 crore  Rs. 33, 39,375 crore  Rs. 44,82,436 crore  None of these

23. Mid Day Meal Scheme-
Is a centrally funded and largest school meal scheme in the world  Provides each child in government and government aided school a minimum of 300 calories and 8-12 gm of protein each day of school for a minimum of 200 days  Provides lunch to about 120 million children  All of the above  None of these

24. Insurance penetration is defined as the-
Ratio of premium underwritten in a year to GDP  Ratio of premium underwritten in a year to total population  Ratio of insurance subscribers in a year to total population  Ratio of total number of policy holders in a year to total population  None of these

25. Insurance density is defined as the-
Ratio of premium underwritten in a year to GDP  Ratio of premium underwritten in a year to total population  Ratio of insurance subscribers in a year to total population  Ratio of total number of policy holders in a year to total population  None of these

26. Minimum Support Prices of crops are recommended by-
Planning Commission of India  Commission for Agricultural Costs and Prices (CACP)  Finance Commission of India  Farmers’ Commission of India  None of these

27. The Electricity (Amendment) Act 2007-
Dispensed with licence requirement for sale from captive units  Provided for joint effort by the Central and State governments for providing access to all areas including villages and markets  Expanded the definition of theft to cover the use of tampered meters  All of the above  None of these

28. In times of slowdown of the economy, the fiscal policy influences aggregate demand through-
Discretionary element  Non-discretionary element  Lowering of tax rates  All of the above  None of these

29. Thirteenth Finance Commission is headed by-
Dr. Rangarajan  Dr. Vijay L. Kelkar  Dr. Suresh Tendulkar  Dr. C. H. Hanumantha Rao  None of these

30. A constitutionally recognized body is-
Planning Commission  Finance Commission  Forward Commission  Farmers Commission  None of these

31. Rashtriya Krishi Vikas Yojana was launched by GOI in August 2007 with the objective(s) of-
To incentivise the states to increase public investment in agriculture and allied sectors  To ensure that local needs/crops/priorities are better reflected  To achieve the goal of reducing the yield gaps in important crops  All of the above  None of these

32. The Buffer Stock of foodgrains at the beginning of February 2009 stood at-
16.2 million tonnes  20.0 million tonnes  37.4 million tonnes  36.2 million tonnes  None of these

33. Public Private Partnership came to be introduced in India to-
Mitigate the financial burden of the governments  Respond to the technological change that allow unbundling of infrastructure  Alter the character of goods and services from pure public to private ones  All of the above  None of these

34. Heteroscedasticity in econometric analysis means-
The variance for each disturbance term (Vi) is the same for all i’s  The variance for each disturbance term (Vi) is not the same for all i’s  The co-variance for each pair of disturbance term is the same  The co-variance for each pair of disturbance term is not the same  None of these

35. Autocorrelation in econometric analysis refers to-
The correlation between the values of different variables  The correlation between the values of alternative variables  The correlation between successive values of the same variable  All of the above  None of these

36. Durbin-Watson Test is applied in econometric models to test-
Presence of heteroscedasticity in a model  For autocorrelated errors in the sample data  For multicorrelinearity  For autoregressive disturbances  None of these

37. A weakly stationary stochastic process is so called, if-
Its mean and variance are constant over time  The value of covariance between two time periods depends only on lag between two time periods  The value of covariance does not depend on the actual time at which the covariance is computed  All the above  None of these

38. Dummy variables are used in regression models—
To represent important variables that are not qualitatively measurable  To capture the effect of specific attributes  As binary variables  To distinguish between two groups of population  All of the above

39. Principal components in econometric analysis-
Are linear combinations  Help to increase the degrees of freedom  Help to reduce high degree of multicorrelinearity  All of the above  None of these

40. If world population grows at 2.6 per cent, then it will double in-
44.34 years  36.92 years  29.32 years  26.66 years  None of these

Click here for PNB Officers Exam Economics paper Part I

Saturday, January 9, 2010

SBI Clerk Exam 2009 - General Awareness - Part 1

1. Which of the following States will soon have its first Civil Airports ?
Jammu & Kashmir  Maharashtra  Assam  Meghalaya  Sikkim

2. Who amongst the following made the 41st Test Century of his career recently ?
Saurav Ganguly  V. V. S. Laxman  Rahul Dravid  Sachin Tendulkar  None of these

3. Which of the following was/were the objective(s) of the Mission Chandrayaan 1 ?
(a) Preparing dimensional atlas of the lunar surface.
(b) Chemical Mapping of the entire lunar surface.
(c) Locating minerals in the soil of the moon.
Only (a)  Only (b)  Only (c)  All (a), (b) & (c)  None of these

4. Which of the following States introduced a high tech foodgrain rationing system to ensure timely supply of the foodgrains to people living below poverty line ?
Maharashtra  Tamil Nadu  Delhi  West Bengal  Karnataka

5. Which of the following is NOT a part of India’s Money Market ?
Bill Markets  Call Money Market  Banks  Mutual Funds  Indian Gold Council

6. Which of the following is the objective of the project ‘Bhoomi Keralam’ launched by the State Govt. ?
To conduct a survey of the land  To bring those people back who have left the State and settled in other States  To provide financial security to farmers who are in distress  To identify those tribals who need jobs or financial assistance  None of these

7. Which of the following countries adopted its new constitution recently ?
Russia  Equadore  South Korea  North Korea  None of these

8. Which of the following awards was given to Pt. Bhimsen Joshi recently (2008) ?
Padma Bhushan  Sangit Natak Academy Award  Maharashtra Bhushan  Karnataka Ratna  Bharat Ratna

9. Which of the following States got its first Rail link recently ?
Haryana  Arunachal Pradesh  Sikkim  Manipur  Jammu & Kashmir

10. Barack Hussain Obama belongs to which of the following political parties ?
Republican  Democratic  Labour  American National Congress  None of these

Part I        Part II        Part III        Part IV

Bank PO and Clerical Exam Exam Results

Federal Bank – Clerk & Officers Recruitment 2009 Result Released

Federal Bank has released the results for the recruitment of Clerks and Probationary Officers –2009.

The written examination for both these positions were conducted on 28-Jun-2009 & the Interview was held in the months of Sep,Oct,Nov 09 by Federal bank. The final list has been prepared based on the performance of candidates & All India ranking.

View Results : Visit Federal bank website to see and download results for Clerks & Probationary Officers Post.

SBI Clerk exam 2009 - Quantitative Aptitude Paper - Part 1

Directions—(Q. 1–6) What should come in place of the question mark (?) in the following questions ?
1. 196 × 948 ÷ 158 = ?
1156  1200  1188  1176  None of these

2. (786 × 64) ÷ 48 = ?
1050  1024  1048  1036  None of these

3. 3·5 + 11·25 × 4·5 - 32·5 = ?
18·275  21·625  32·375  25·45  None of these

4. (2640 ÷ 48) × (2240 ÷ 35) = ?
3520  3515  3495  3490  None of these

5. 7414 + 3698 + 1257 + 1869 = ?
14328  14438  13428  13248  None of these

6. (98360 + 25845 - 36540) ÷ 2500 = ?
36·585  30·082  32·085  35·066  None of these

Directions—(Q. 7–11) What should come in place of the question mark (?) in the following number series ?

7. 1, 9, 25, 49, ?, 169
100  64  81  121  None of these

8. 3, 23, 43, ?, 83, 103
33  53  63  73  None of these

9. 748, 737, 715, 682, 638, ?
594  572  581  563  None of these

10. 121, 117, 108, 92, 67, ?
31  29  41  37  None of these

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11. 50, 26, 14, ?, 5, 3·5
10  12  None of these

Part I        Part II

Upcoming Bank PO and Clerical Exams

Click here to see upcoming bank exams from April 2011 onwards.

56. Shreyas Gramin Bank recruitment of officer and clerks:

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55. Punjab Gramin Bank recruitment - officer junior management and office assistants:

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54. South Malabar Gramin Bank recruitment of Assistant Managers:

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53. Neelachal Gramya bank recruitment for Officer and Officer assistants:

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52. Maharashtra Gramin Bank recruitment of Officers and Assistants - 148 Posts:

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51. NABARD recruitment of Development Assistants and Pharmacists - 166 posts:

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50. Abhyudaya Co-op Bank, announces recruitment of 105 Clerks:

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49. Andhra Pragathi Grameena Bank (APGB) recruitment:

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48. Central bank of India Recruitment - Specialist Category Officers - 2011:

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47. Corporation Bank Recruitment - Invites application for 250 Officers:

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46. Jhabua-Dhar Kshetriya Gramin Bank recruitment of Officer and Clerk cum Cashier posts:

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45. The New India Assurance Company Limited (NIACL) invites application for 379 Administrative Officers:

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44. Life Insurance Corporation of India (LIC) invites application for the posts of Financial Service Executives (FSE):

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43. Indian Overseas Bank (IOB) announces recruitment of 1100 Clerical Staff:

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42. Nainital-Almora Kshetriya Gramin Bank (NAKGB) invites application for Officers and Office Assistants:

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41. Kangra Central cooperative Bank invites application for 354 posts in various categories:

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40. Puduvai Bharathiar Grama Bank recruitment for Officers and Office Assistants:

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39. Syndicate Bank recruitment of 750 Asst Manager Rural Development (AMRD):

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38. Karur Vysya Bank Invites Applications for Probationary Officer Scale-I:

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37. Haryana Gramin Bank Recruitment: Officers and Office assistants:

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36. Allahabad Bank clerical recruitment project 2011-12 - 1100 Posts:

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35. Indian Overseas Bank announces recruitment of 1000 probationary officers:

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34. Allahabad Bank Recruitment Project 2011-12 - 1500 Probationary Officers:

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33. United India Insurance invites application for Administrative Officers:

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32. Gurgaon Gramin Bank recruitment - Officers and Office Assistant Post:

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31. Andhra Bank Recruitment Project 2011 for 450 Probationary Officers & 1000 Clerks:

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30. Karnataka Bank invites application for Clerks to place in Orissa, Westbengal,Maharastra:

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29. Deccan Gramin Bank Recruitment - Officers and Office Assistant Posts:

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28. Prathama Bank invites application for recruitment of Officers and Office Assistant:

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27. Wainganga Krishna Gramin Bank invites application for Officers & Office Assistants:

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26. ICICI Bank : Probationary Officers Recruitment - MAY 2011 Batch:

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25. Tamilnad Mercantile Bank Recruitment:

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24. Bank Of India (BoI) announces Recruitment of Officers and Clerks (North East):

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23. Baroda UP Gramin Bank announces Recruitment of Officers and Assistants:

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22. Dena Bank announces recruitment of 250 Clerks in 2010 - 2011:

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21. LIC India Recruits 375 Administrative Officers:

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20. National Insurance Company Recruitment - 300 Officer Posts:

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19. Corporation Bank announces Recruitment of 398 Specialist Officers:

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18. Union Bank of India Recruitment 2010-11 - Clerk-cum-Cashier - 1640 Posts:

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17. IDBI Bank Recruitment 2010-11 - Executives - 700 Posts:

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16. United Bank of India (UBI) Recruitment 2010 - Probationary Officers - 370 Posts:

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15. Bank of India (BoI) Recruitment 2010- General Bank Officers - 2000 Posts:

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14. Narmada Malwa Gramin Bank (NMGB) -Recruitment of 84 Clerks & 40 Officers:

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13. Axis Bank recruitment Drive – 2010–11: Both Freshers and Experienced Eligible:

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12. Reserve Bank of India (RBI) recruits 200 Executive Interns:

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11. South Indian Bank recruits Chartered Accountants - 20 Posts:

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10. Bank Of India (BoI) announces Recruitment of Clerks - 2467 Posts:

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9. Corporation Bank announces Recruitment of Clerks - 1250 Posts:

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8. SBI announces Recruitment of Management Executives - 560 Posts:

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7. UCO Bank announced recruitment of 1000 Clerks:

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6. Kashi Gomti Samyut Gramin Bank (KGSG bank) looking for 19 Officers & 216 Office Assistants:

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5. Bank of Maharashtra(BOM) recruitment - BOM looking for 650 Clerks:

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4. LIC Western Zone Financial Service Executives (FSE) Recruitment – 60 Posts:

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3.Oriental Bank of Commerce (OBC) requires 200 Officers on contract basis:

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2. Allahabad Bank OFFICERS’ RECRUITMENT PROJECT-2010-11: Recruitment of probationary officer/ agriculture field officer

Date of Commencement of Application : 08-Dec-2009
Date of Closure : 05-Jan-2010
Start Date for Fee deposit : 08-Dec-2009
Last Date for Fee deposit : 05-Jan-2010
Last Date for Reprint : 20-Jan-2010
Tentative Date of Written Test : 21-Feb-2010
See complete advertisement and exam details.
Take online test

1. State Bank of India (SBI) Associates Recruitment of Probationary Officers (POs) 2010 - SBI to recruit 1717 Bank POs

Written Examination : 07-Mar-2010 (Sunday)
Payment Of Fees : From 01-Jan-2010 To 25-Jan-2010
Online Registration Will Start From: 01-Jan-2010
Last Date For Receipt Of On-Line Applications: 31-Jan-2010
See complete advertisement and exam details.
Take online test

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Friday, January 8, 2010

Marketing awareness question paper - Bank entrance exam

1. The Traditional Marketing style involves
Telemarketing  Digital Marketing  Indirect Marketing  Direct Marketing  All of these

2. A lead means
A prospect who is more likely to avail of the Bank’s product  A political leader  A religious leader  A bank chairman  None of these

3. Innovation means
Compensation  Inspiration  Additional perquisites  Implementing new ideas or new methods  None of these

4. A Call means
Calling on friends  Calling on bank employees  Calling on prospective customers  To make telephone calls  Calling on relatives

5. A prospect means
Any customer who walks into the bank  An employee of the bank  A customer who is likely to be interested in bank’s product or service  A depositor of the bank’  A borrower of the bank

6. Modern Method of Marketing include
Publicity on the net  Advertisement on the net  Soliciting business through e-mails  Tele marketing  All of these

7. A true marketing requires
Command and other mindset  Control Mindset  Passive mindset  Active mindset  None of these

8. Which of the following sentences is true?
Marketing is not required in a Buyers’ Market  Marketing is not required in a Seller’s market  Marketing is not required due to competition  Marketing is not required due to liberalization  Marketing is not required due to globalization

9. For effective marketing the salesmen should have which of these qualities?
Creativity  Team spirit  Motivation  Effective communication skills  All of these

10. Market information means
Knowledge of shops and bazaars  Knowledge of shopping malls  Knowledge of customer profile and product mix  Knowledge of various languages  None of these

11. Market Research is needed for
Checking the market area  Checking the right product to be sold  Making proper marketing decisions  Deciding right time to sell  All of these

12. Which of the following statement is true
Marketing makes the company to go into loss due to higher expenses  Marketing is not required in profit making companies  Marketing sharpens the minds of the employees  Marketing is a time bound seasonal function  Marketing is a waste of time

13. Marketing plan helps in
Better lead generation  Better systems  Better results  Improved balance sheet  Better customer service

14. If Marketing is done effectively which of the following is not required?
Advertisement  Publicity  Market Research  Market Segmentation  None of these

15. Motivation means
Inspiring employees to perform better  Better communication skills  Sales Coaching  Market Research  None of these

16. In a Selling Process in today’s world?
Only standard products are sold  No customization required  The seller need not have product knowledge  The seller should aim at customer satisfaction  Only quantum of sales matters

17. Find the true statement
Marketing is a waste of the employees’ time  Marketing is not required in India due to its vast population  Marketing involves additional work  Marketing involves team work  Marketing is not required today due to IT advancement

18. A Target market is
Entire country  Entire city  Entire globe  That which consists of customers who need the identified product  All of these

19. Forecasting involves
Sales Planning  Sales Pricing  Distribution Channels  Consumer tastes  All of these

20. Which of the following product is being sold under the brand name ZODIAC?
Shirts  Ties  Both A and B  Liberty  None of there

21. SWIFT - cars are being manufactured by
DCM  Maruti  Premier Automobiles  Hyundai  None of these

22. With you all the way is the slogan of
Vodafone  SBI  ICICI  Raymond’s  None of these

23. Which company used the slogan “The complete Man?”

24. Which brand uses the slogan “Made for each other” for its cigarettes?
Cavenders  Four Square  Red & White  Wills  None of these

25. Cross Selling means
Identifying customer needs  Matching the products to customer needs  Convincing the customers of product benefits  Responding to questions and objections of customers  All of these

Sunday, January 3, 2010

Andhra Bank Probationary Officers Exam 2009 - General Awareness Questions

1. The Govt. of India decided to scrap the import duty on cotton and also withdraw incentives on the export of the same. How will this action of the govt. affect the cotton market in India ?
1. More and more traders will be able to import cotton as there is no import duty on it.
2. The price of the cotton in domestic market will come down.
3. More and more farmers will no start growing cotton.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these

2. As per the reports in the financial newspapers CCEA cleared many FDI proposals recently. What is the full form of CCEA ?
Cabinet Committee on Economic Affairs  Congress Committee on Economic Affairs  Cabinet Committee on Emergency Accounts  Clearance Committee on Export Accounts  None of these

3. The Vishnugad Pipalkoti Hydel power project is being developed on which of the following rivers ?
Ganga  Alaknanda  Yamuna  Sabarmati  None of these

4. Despite the rampant volatility in the market trends and rising costs all over the world, some countries were able to grab the business of outsourcing IT and BPO services from some big countries. Which of the following had been the most favoured nation during 2008-09 for the same ?
China  South Korea  India  Brazil  None of these

5. The facility which allows mobile subscribers to switch from one service provider to another without changing their mobile number is known as Mobile Number-
Protectability  Portability  Promotability  Permeability  None of these

6. Which of the following economies is not in the top 10 economies of the world ?
USA  Japan  Germany  China  South Africa

7. Which of the following banks has opened the country’s first ‘Cash Factory’ in Lucknow which will issue currency notes to all its branches and ATM in that area ?
Bank of India  Bank of Baroda  State Bank of India  Union Bank of India  None of these

8. Many times we read in newspapers that the RBI has revised certain rates/ratios under LAF. What is the full form of LAF ?
Legal Adjustment Facility  Liquidity Adjustment Facility  Longterm Achievement Facility  Legal Adjustment Formality  None of these

9. Which of the following statement(s) is/are correct about the Aam Aadmi Bima Yojana (AABY) launched by the Union Govt. ?
1. The scheme is drawn to include another one crore beneficiaries in the scheme by the end of September 2009.
2. The scheme was announced to provide insurance cover to those women workers who come for job under National Rural Employment Guarantee Act.
3. Under the scheme, the central govt. bears the entire amount of the premium which is around Rs. 6,000 per year for each beneficiary.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these

10. As per the Interim Budget of the Union Govt. for 2009-10, around Rs. 1,31,000 crores were allocated for various flagship programmes of the Govt. of India. Amongst these, one particular programme is given at Rs. 41,000 crores as it is aimed at development of infrastructure in the rural areas of the country. What is that programme ?
Rajiv Gandhi Rural Drinking Water Mission  Rural Employment Guarantee Scheme  Jawaharlal Nehru Urban Renewal Scheme  National Rural Health Mission  None of these

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11. Who amongst the following was the chairperson of the committee set up for Financial SectorAssessment by the Govt. of India and RBI ?
Dr. Rakesh Mohan  Dr. D. Subbarao  Mr. Pranab Mukherjee  Mr. P. Chidambaram  None of these

12. As per the reports published in the newspapers the use of credit cards in India has gone down by about 8% during 2008-09. What are the main reasons for the same ?
1. High interest rate charged by the card companies.
2. Rise in delinquency level related to use of credit cards.
3. Govt. policies which do not allow the launch of new credit cards by the banks.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these

13. As per the reports in the media the exports from India has gone down by 13% in the last few months. What steps has the Union Govt. taken to boost the same ?
1. Customs duty under export promotion capital goods scheme was cut to 3% from the earlier 5%.
2. Special incentives of Rs. 325 crore were announced for sectors like handmade carpets, leather and textiles.
3. Excise duty on the goods produced exclusively for exports is withdrawn fully.
Only 1  Only 2  Only 3  Both 1 and 2  All 1, 2, and 3

14. Which of the following states in India is at the top of the Investment Index prepared by the World Bank ?
Gujarat  Maharashtra  Karnataka  Tamil Nadu  None of these

15. The G-20 Summit was organized in London on 2nd April 2009. Which of the following announcement(s) was/were made in the summit ?
1. US $ 1•1 trillion will be provided to restore credit, growth and jobs in the world economy.
2. A wider global regulation will be launched to protect banks from the toxic assets.
3. A Financial Stability Forum will be established with the assistance of IMF.
Only 1  Only 2  Only 3  Both 1 and 2  All 1, 2, and 3

16. The Govt. of India recently provided an amount of Rs. 65,300 crores to about 3•6 crore farmers in India. What was the purpose of the distribution of this much amount to the farmers ?
To enable them to purchase tractors and other hi-tech agricultural machines  This was given to them as a debt waiver and relief package  To provide them fertilizers and advanced high yielding seeds for the next harvesting season  To help them to avail internet services and update their knowledge about the farming techniques and adopt new methods of the same  None of these

17. Which of the following is true about Value Added Tax (VAT) ?
1. It is a consumption tax levied on value added to the product on every stage of its production.
2. VAT is levied by the Union Govt. and only a small part goes to State Govts.
3. The income tax on retailers is now decided on the basis of their VAT collection in a year.
Only 1  Only 2  Only 3  All 1, 2 and 3  None of these

18. Mr. Najib Razak is the new Prime Minister of -
Myanmar  Indonesia  Malaysia  Thailand  None of these

19. India recently signed an agreement with the European patent office. How would this agreement be helpful to our country ?
1. It will help India to protect its traditional knowledge of medicines.
2. India’s Traditional Knowledge Library which is in digital form will now be available to the Patent Examiners at the European Patent Office.
3. India will have the right to grant patents for all its traditional medicines and herbs.

Only 1  Only 2  Only 3  All the three  None of these

20. The 21st Arab League Summit was held in which of the following countries in March 2009 ?
Saudi Arabia  Iran  Qatar  UAE  None of these

21. India recently got a consignment of 60 tonnes of uranium from which of the following countries to be used in Rajasthan Atomic Power Station ?
USA  Canada  France  South Korea  China

22. India and Chile recently agreed to allow Free Trade between both the countries. What does it really mean ?
1. India can sell any product to Chile and Chile can also sell any product to India.
2. India and Chile both will sell goods or services to each other but the payment for the same will be only in return goods. No hard cash will be paid for such transactions.
3. Whatever goods both of them will import or export, the payment will be made only in US dollars and only cash transactions will take place.
Only 1  Only 2  Only 3  Both 1 and 2  None of these

23. Which of the following statement(s) is/are correct about the Global Hunger Index published recently ?
1. The Index is prepared every year by the United Nations World Food Programme (WFP).
2. As per the report about 27% of world’s undernourished population lives in India.
3. The number of undernourished is more in urban areas than the rural one.
Only 1  Only 2  Only 3  All the three  None of these

24. The President’s Rule was imposed in which of the following North-Eastern States in March 2009 ?
Nagaland  Assam  Arunachal Pradesh  Meghalaya  None of these

25. Arvind Bhat won the 23rd National Badminton Championship held in Indore by defeating -
Nikhil Kanetkar  P. Gopichand  Nandu Natekar  P. Kashyap  None of these

26. Who amongst the following became the first woman pilot in the world to fly MIG-35 fighter plane ?
Suman Sharma  Saudamini Deshmukh  Kirsty Moore  Nicole Malachowski  None of these

27. The 14th Summit of the Association of South-East Asian Nations (ASEAN) was organized in which of the following countries ?
Vietnam  Myanmar  Indonesia  Thailand  None of these

28. India recently signed a Defence Deal with Israel. Which of the following statement(s) is/are true about the same ?
1. India will purchase a stateof-the-art air defence system from Israel at a whopping cost of US $ 1•4 billion.
2. A complex of 5 ordinance plants would be established in Nalanda.
3. Israel will develop a seaborne and shore-based system to protect India from missile attacks on it.
Only 1  Only 2  Only 3  Both 1 and 3  All 1, 2 and 3

29. Mr. Morgan Tsvangirai is the new -
President of Zimbabwe  Prime Minister of Zimbabwe  President of Kenya  Prime Minister of Kenya  None of these

30. Which of the following teams won the ICC Women’s World Cup Cricket Finals held in March 2009 ?
Australia  India  England  New Zealand  None of these

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