GENERAL AWARENESS -- OBJECTIVE
TRADE AND
INDUSTRY
1.
As
per 4th Advance Estimates of Foodgrains for the year 2015-16, the
total foodgrain production has been estimated at
a)
256-32 MT b) 252.22MT c)
251.86MT d) 250.22MT
2.
Which
of the following crops registered more production in 2015-16
as compared to that of 2014-15?
a)
Coarse Cereals b) Pulses
c) Oilseeds d)
None of the above
3.
In
which of the following year, did India register maximum production of
foodgrains?
a)
2011-12 b)
2012-13 c) 2013-2014 d)
2014-15
4.
Which
of the following key rates was revised by RBI in its Monetary Policy Review on
August 9, 2016?
a)
Bank Rate b) Marginal Standing Facility c)
Repo Rate d) None of the above
5.
After
Monetary Policy Review by RBI on August 9, 2016, Statutory Liqudity Ratio (SLR) stands at ---
a)
20.5% b) 21.0% c)
21.25% d) 21.5%
6.
Who
is the Chairman of Island Development Authority?
a)
President b) Prime Minister c)
Finance Minister d) Minister of Environment
7.
In
the year 2016, `Earth Over Shoot Day’ was observed on
a)
12th August
b) 10th August c)
8th August
d) 6th August
8.
September
1 is the foundation day of ------
a)
SIDBI b) SBI
c) LIC d)
NABARD
9.
During
2015-16, which of the following crops registered better production as compared
to that of 2014-15?
a)
Wheat b) Rice c) Pulses d) Coarse Cereals
10.
India’s
rank in Global Innovation Index 2016 (Estimated by World Intellectual Property
Organisation) stood at
a)
66th
b) 75th c)
80th d) 84th
11.
Which
of the following taxes will not be merged in newly proposed GST (Goods and
Service Tax)?
a)
Custom Duty b) Corporate Tax c)
Excise Duty d) Service Tax
12.
A
`GST Council’ has been constituted for taking related decisions on GST. Who is the chairman of it?
a)
Finance Minister b) Prime Minister c)
Deputy Chairman of NITI Aayog
d) Commerce Minister
13.
Uttar
Pradesh makes maximum production of wheat in the country but the maximum per
hectare productivity of wheat per hectare productivity of wheat exists in
a)
Haryana b) Rajasthan c)
Madhya Pradesh d)
Punjab
14.
At
present (after April 4, 2016) what is the difference between Repo Rate and Bank
Rate?
a)
25 bps b) 50 bps c)
75 bps d) 100 bps
15.
As
per RBI guidelines for establishing new universal Bank, what percentage of new
branches has to be opened in non-banking villages?
a)
10% b) 20%
c) 25% d)
one-third of total
16.
Which
state became the first state to ratify GST Bill?
a)
Assam b) Rajasthan c)
Madhya Pradesh d) Sikkim
17.
Which
of the following nations topped the 2016 Global Innovation Index?
a)
Ireland b) Switzerland c)
Sweden d) United Kingdom
18.
What
is the share of natural gas in the fuel basket of the nation?
a)
about 7% b) about 12% c)
about 15% d) about 18%
19.
The
term `carried interest’ is most often
used in the context of---
a)
Mutual Funds b) Small
Savings Scheme c) Fixed Deposits
d)
Private Equity Fund
20.
The
official name of GST Bill is
a)
The Constitution (121st Amendment) Bill 2014
b) The Constitution (121st Amendment) Bill 2015
c) The Constitution (122nd
Amendment) Bill 2014
d) The Constitution (122nd
Amendment) Bill 2015
21.
The
proposed date of implementing GST is
a)
January 1, 2017 b) April 1, 2017 c)
January 1, 2018 d) April 1, 2018
22.
During
Q1 of 2016-17, the trade deficit in India stood at
a)
$ 18627 million b)
$ 18923 million c) $
19234 million d) $ 20134
23.
In
US $ terms, what is the export growth rate of Indian exports during Q1 of
2015-16?
a)
- 2.1% b)
- 3.4% c) - 4.2%
d) - 4.6%
24.
For
how many years, Central government will compensate the loss of State
Governments due to GST?
a)
3 years b) 4 years
c) 5 years d)
No compensation
25.
Which
of the following days has been declared as `National Hand-loom Day’ by the
Government?
a)
August 1 b)
August 7 c) August 17 d)
August 23
ANSWERS
1. (b)
2. (d) 3.
(c) 4. (d)
5. (b) 6.
(b) 7. (c)
8. (c) 9.
(a)
10. (a)
11. (b) 12
(a) 13. (d)
14. (b) 15.
(c) 16. (a)
17. (b)
18. (a)
19. (d) 20.
(c) 21. (b)
22. (c) 23.
(a) 24. (c) 25
(b)
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