February 9, 2012

CMAT GK test 3

CMAT GK test
1. What is RBI’s share in NABARD equity currently?
a. 99%
b. 51%
c. 49%
d. 1%

2. … is the indirect tax that registered maximum growth during the first half of 2010-11
a. Excise duty

b. Custom duty
c. Service tax
d. None of the above
3. India recently signed a Line of Credit Agreement worth $ 1 billion with …
a. Germany
b. Australia
c. Malaysia
d. Indonesia
4. Which of the following key rate of RBI was highest among all as on November 2, 2010?
a. Repo rate
b. Reverse repo rate
c. Bank rate
d. Cash reserve ratio
5. US recently announced one of the largest weapons sales in its history worth about $ 60 billion to which country?
a. Kuwait
b. Saudi Arabia
c. Pakistan
d. Afghanistan

6. Who among the following did not bag the Nobel Prize 2010 for Economics?
a. Christopher Pissarides

b. Peter Diamond
c. Dale Mortensen
d. Akira Suzuki
7. Among the following, who did not fi gure in the Forbes’ 100 Most Powerful Women list?
a. Indra Nooyi
b. Chanda Kochhar
c. Savitri Jindal
d. Shikha Sharma
8. The direct tax that registered negative growth during the first half of 2010-11 is …
a. Corporate tax
b. Income tax
c. Wealth tax
d. Securities transaction tax
9. … is not a financial regulator.
10. The Indian rupee symbol is based on which script?
a. Roman
b. Devnagri
c. Both a and b
d. None of the above
11. The Nobel Prize in Economics 2010 was shared by how many economists?
a. 2
b. 3
c. 4
d. 5
12. Indentify the Indian state that was the fi rst to introduce Public Service Guarantee Act 2010.
a. Gujarat
b. Madhya Pradesh
c. Haryana
d. Bihar
13. Who won the ‘Business Leader of the Year’ title at Economic Times Corporate Excellence 
Awards 2010?
a. R. C. Bhargava
(Maruti Suzuki)
b. Mukesh Ambani (RIL)
c. Aditya Puri (HDFC Bank)
d. Ratan Tata (Tata Group)
14. The Union Government has declared … as the ‘National Heritage Animal’ recently.
a. Tiger
b. Elephant
c. Lion
d. Camel

15. India was ranked … in the Global Hunger Index released by IFPRI in October 2010.
a. 67th
b. 69th
c. 71st
d. 74th
16. The new chief of National Green Tribunal, constituted in October 2010 is …
a. S. K. Puri
b. Anil K. Pandey
c. Lokeshewar Singh
d. Y. S. Dadwal
17. The Goods and Service (GST) proposed to be introduced in 2011 is likely to cover 
a. Trade, Sales tax
b. Service, Trade tax
c. Service, Excise, Sales tax
d. Excise, Service, VAT tax
18. India is exploring Shale gas reserves with which country?
a. France
b. Germany
c. United Kingdom
d. USA
19. Who won the Lal Bahadur Shastri Award 2010 for excellence in public administration academia 
and management?
a. Arvind Kezeriwal
b. Aruna Roy
c. Kapil Sibal
d. Zia Modi
20. The first World Statistics Day was celebrated on …
a. October 17, 2010
b. October 18, 2010
c. October 19, 2010
d. October 20, 2010
21. … is not a part of the TAPI gas pipeline project.
a. India
b. Afghanistan
c. Turkmenistan
d. Pakistan
22. The two-day summit of Finance Ministers of G-20 nations was held in which country?
a. China
b. India
c. South Korea
d. Canada
23. Name the chairman of the high level infra finance committee formed by the Indian 
a. Y. K. Alagh
b. Y. B. Reddy
c. C. Rangrajan
d. Rakesh Mohan
24. ‘Udyami’, a newly inaugurated helpline assists …
a. Micro, Small and Medium enterprises
b. Large capital industries
c. Only female entrepreneurs
d. Farmers introducing technology in farming
25. What is the term ‘Smart Money’ used for?
a. FDRs in Banks
b. Demand Drafts
c. Credit Cards
d. Internet Banking
26. Companies are required to list shares within … days of the closure of the Initial Public Offers (IPOs), as per the new guidelines issued by SEBI.
a. 9
b. 12
c. 15
d. 18
27. According to Census 2001, what is the percentage of urban population in India?
a. 26.7
b. 27.1
c. 27.8
d. 28.6
28. India is placed at … position, out of 169 countries, in the ‘Medium Human Development’ category classified by Human Development Report 2010.
a. 116th
b. 117th
c. 118th
d. 119th
29. Name the country that tops the Human Development Index (HDI) in the Human Development Report 2010.
a. Norway
b. United States
c. Australia
d. New Zealand
30. What is the number of Finance Commissions set up till date?
a. 11
b. 12
c. 13
d. 14
31. RBI did not alter … in its review of monetary policy 2010-11 on November 2, 2010.
a. Only CRR
b. Only Bank Rate
c. Repo and Reverse Repo Rates
d. Both CRR and Bank Rate
32. The per capita income in India stands at … (as per the revised estimated data for 2009-10)
a. Rs. 40,000
b. Rs. 44,354
c. Rs. 47,690
d. Rs. 48,356
33. Identify the private telecom operator that was the first to introduce 3G services in India.
a. Vodafone
b. Docomo
c. Airtel
d. Aircel
34. Foodgrains production stood at … million tonnes for the year 2009-10, as per the 4th advance estimates.
a. 218.20
b. 218.25
c. 218.50
d. 218.75
35. The organisation that recently celebrated the silver jubilee year of its establishment is …
a. G-8
b. G-20

36. Agriculture accounts for … of overall employment in India.
a. 41%

b. 48%
c. 52%
d. 57%

37. Youth Festival 2011 will be organised in which city?
a. Udaipur

b. Goa
c. Hyderabad
d. Bhubaneshwar
38. When was Jawahar Rozgar Yojana (JRY) started?
a. January 1, 1989
b. March 15, 1989
c. April 1, 1989
d. None of the above

39. Forward Market Commissions independently regulate …
a. Foreign exchange markets

b. Mutual funds
c. Commodity exchanges
d. Stock market
40. What percent of the Gross Domestic Product did agriculture account for in the year 2008-09?
a. 12.2
b. 13.5
c. 14.3
d. 15.7
41. The 17th ASEAN Summit was concluded on October 30, 2010 at which place?
a. Hanoi
b. Singapore
c. Manila
d. Kuala Lumpur

42. What is the total number of regional rural banks that are working in India?
a. 91

b. 96
c. 100
d. 102
43. Who coined the term ‘transformational leadership’?
a. Ronald G. Greenwood
b. John Jacob Bausch
c. Solomon Loeb
d. James MacGregor Burns
44. The scheme …, was launched on December 31, 2001 with the objective to lessen the burden of parents in meeting the educational expenses of their children.
a. Shiksha Mitra Yojana
b. Sarva Shiksha Yojana
c. Shiksha Sahayog Yojana
d. Shiksha Madad Yojana
45. OECD has estimated the Indian economy to grow by … in the current fiscal.
a. 9.1%
b. 10.1%
c. 11.1%
d. 11.4%
46. What is the new bilateral trade target to be achieved by 2015 that has been agreed upon by India and China?
a. $60 billion
b. $66 billion
c. $71 billion
d. $75 billion
47. JWS Steel Ltd has entered into an agreement with Ispat Industries to buy stake worth …
a. `2,150 crores
b. `2,153 crores
c. `2,157 crores
d. `2,159 crores
48. The worth of the order that was recently bagged by Lanco Infratech from an arm of Moser Baer Projects to execute a 1200-MW power project is …
a. `4,100 crores
b. `4,800 crores
c. `5,200 crores
d. `5,300 crores
49. Identify the woman who will join HPCL, a state owned oil company as its first ever woman director (marketing).
a. Sonali Gulati
b. Nishi Vasudeva
c. Sanghamitra Chaudhuri
d. None of the above
50. Malaysian automobile group DRB-Hicom will be investing more than … in Germany’s Volkswagen AG to assemble vehicles for its regional market.
a. $100 million
b. $200 million
c. $250 million
d. $300 million


1. d. 1%


2. b. Custom duty
3. a. Germany
4. a. Repo rate
5. b. Saudi Arabia
6. d. Akira Suzuki
7. c. Savitri Jindal
8. d. Securities transaction tax
9. c. AMFI
10. c. Both a and b
11. b. 3
12. b. Madhya Pradesh
13. c. Aditya Puri (HDFC Bank)
14. b. Elephant
15. a. 67th
16. c. Lokeshewar Singh
17. d. Excise, Service, VAT tax
18. d. USA
19. b. Aruna Roy
20. d. October 20, 2010
21. b. Afghanistan
22. c. South Korea
23. d. Rakesh Mohan
24. a. Micro, Small and Medium enterprises
25. c. Credit Cards
26. b. 12
27. c. 27.8
28. d. 119th
29. a. Norway
30. c. 13
31. d. Both CRR and Bank Rate
32. b. `44,354
33. b. Docomo
34. a. 218.20
35. d. SAARC
36. c. 52%
37. a. Udaipur
38. c. April 1, 1989
39. c. Commodity exchanges
40. d. 15.7
41. a. Hanoi
42. b. 96
43. d. James MacGregor Burns
44. c. Shiksha Sahayog Yojana
45. a. 9.1%
46. b. $66 billion
47. c. `2,157 crores
48. a. `4,100 crores
49. b. Nishi Vasudeva
50. d. $300 million
CMAT GK test