Marketing Aptitude and Computer Knowledge For IBPS P.O & RRB EXAMS

1. FDI stands for _

(a) Foreign Direct Investment
(b) Foreign Diverse Investment
(c) Frequent Direct Interest
(d) Follow-up Discreet Intent

2. The following is not a function of the DGFT

(a) DGFT entrusted with the responsibility of implementing various policies regarding trade for example, Foreign Trade Policy.
(b) DGFT is the licensing authority for exporters, importers, and export and import business.
(c) DGFT can prohibit, restrict and regulate exports and imports
(d) DGFT acts as market regulator controlling foreign company stocks

3. What is Rupee depreciation?

(a) Rupee depreciation means that rupee has become less valu­able with respect to dolllar
(b) Rupee depreciation means dollar has become less valuable than rupee
(c) Rupee depreciation means a situation when value of rupee is same as euro
(d) Rupee depreciation happens when the combined value of dollar and euro is more than rupee

4. Directorate General of Foreign Trade (DGFT) notified that the Commerce Ministry on on 11 January 2012 lowered the minimum export price of onions by $100 a tonne to $150 a tonne.What was the purpose

(a) To enhance import
(b) To boost export
(c) To lower prices in the domestic market
(d) To facilitate crop clearance

5. Indirect tax does not include _

(a) Customs
(b) Central Excise
(c) Sales Tax
(d) Service Tax

6. Telecom Commission, the decision-making body of the Department of Telecommunications recommended a uniform licence fee of what per cent of adjusted gross revenues (AGR) as against the prevalent rate of 6-8 per cent?

(a) 10%
(b) 8%
(c) 5.2%
(d) 9.3%

7. What is the current repo rate (as on January 2012) fixed by the RBI?

(a) 8%
(b) 8.5%
(c) 7.5%
(d) 7%

8. CRISIL is a _

(a) Credit rating agency
(b) Employment exchange watchdog
(c) Infrastructure sector guide
(d) Market regulator

9. A committee on mutual funds, constituted by SEBI in december 2011 recommended to the regulator’s board to break down the bifurcation within the fee structure known as expense ratio. Which of the following facts are not true with regard to the above statement?

A. Currently mutual funds are allowed to charge up to 2.25% as expense ratio. fund houses are allowed to accept only 1.25% as asset management charges
B. Funds with large corpuses currently charge 1.55% as expenses charges
C. SEBI was suggested to keep overall scheme expenses unchanged at 2.25% for schemes with assets under management not exceeding Rs 400 crore
D. Expense ratio is more than important in debt schemes where the rate of return is not hig.

(a) 1 & 2
(b) 3 & 4
(c) 1 & 3
(d) Only 2
(e) None of the above

10. The Centre for Development of Telematics (C-DoT) on 5 December 2011 transferred indigenously-developed Gigabit Passive Optical Network (GPON) technology to seven telecom equipment manufacturers. Which of the following facts about the technology is not true?

A. The GPON technology is a pivotal component required for broadband connectivity over optical fibre.
B. C-DOT indigenously designed and developed GPON technology, which can be used to provide triple play (voice, video and data) through fibre-based networks
C. The GPON technology was tested, validated, field-evaluated and made operational in MTNL's/VSNL’s network in Ajmer (Rajasthan)
D. The technology will help fulfil requirements of major national programmes like the National Optical Fibre Network and the State Wide Area Network

(a) Only 2
(b) Only 3
(c) Only 4
(d) 1 & 2

11. By Public Sector we mean

(a) Government ownership on commerce and trade
(b) Capitalist ownership on commerce and trade
(c) Private ownership on trade
(d) None of these

12. IN which list does Economic Planning belong to

(a) Union list
(b) State list
(c) Concurrent list
(d) Not any specified list

13. _ forms a part of the Interest Rate Policy

(a) Fiscal Policy
(b) Industrial Policy
(c) Monetary Policy
(d) None of these

14. The share of road transport in total transport of the country is–

(a) 20%
(b) 40%
(c) 60%
(d) 80%

15. Which percentage of Central Taxes have been recommended by the 12th Finance Commission to be transferred to States ?

(a) 28.5%
(b) 29.5%
(c) 30.5%
(d) 31.5%

16. 'Customisation' means __

(a) Tailor-made products for each customer
(b) Customers selling goods
(c) Tailor-made products for each staff
(d) A selling process
(e) None of these

17. A Marketing Survey is required for __

(a) deciding marketing strategies
(b) deciding Product strategies
(c) deciding pricing strategies
(d) All of these
(e) None of these

18. Cross-selling means __

(a) Selling with a cross face
(b) Cross country marketing
(c) Selling other products to existing customers
(d) Selling to friends

19. Credit cards are used for -

(a) Cash withdrawals
(b) Purchase of air tickets
(c) Purchase of consumable items from retail outlets
(d) All of these
(e) None of these

20. 13th Finance Commission has been constituted under the Chairmanship of—

(a) Y. S. P. Thorat
(b) Vijai L. Kelkar
(c) T. S. Vijayan
(d) Laxmi Narayan

21. SEBI is a—

(a) Statutory body
(b) Advisory body
(c) Constitutional body
(d) Non-statutory body

22. Pradhanmantri Bharat Jodo Pariyojna is related to—

(a) Communication
(b) Social Integration
(c) Linking of Rivers
(d) Development of Highways

23. Targeted power capacity addition for 11th plan period is—

(a) 41110 MW
(b) 66463 MW
(c) 68963 MW
(d) 86283 MW

24. NABARD was established on the recommendation of—

(a) Public Account Committee
(b) Shivaraman Committee
(c) Narsimham Committee
(d) None of these

25. Which company is providing mobile service with name ‘Cell one’ to the consumers ?

(a) MTNL
(b) BSNL
(c) Reliance Infocom
(d) Bharti Tele

26. VAT is imposed—

(a) Directly on consumer
(b) On final stage of production
(c) On first stage of production
(d) On all stages between production and final sale

27. Which of these do not grant any tax rebate ?

(a) National Saving Certificate
(b) Indira Vikas Patra
(c) National Saving Scheme
(d) Public Providend Fund

28. Which of the following is public sector organisation ?

A. FCI Food Corporation of India
B. FCI Fertilizer Corporation of India
C. Cotton Corporation of India
D. Jute Corporation of India

(a) Only 1 and 2
(b) Only 2, 3
(c) Only 3, 4
(d) All of these

29. Which bank in India performs duties of Central Bank ?

(a) Central Bank of India
(b) State Bank of India
(c) Reserve Bank of India
(d) Above (A) and (B)

30. Mixed Economy means—

(a) Co-existence of small and large industries
(b) Promoting both Agriculture and Industries in the economy
(c) Co-existence of public and private sectors
(d) Co-existence of rich and poor

31. ‘Smart Money’ is a term used for—

(a) Internet Banking
(b) Credit Card
(c) Cash with Bank
(d) Cash with Public

32. A CD ROM disk

(a) cannot be erased and rewritten
(b) has more storage capacity than a CD-R
(c) holds less data than a floppy disk
(d) can be written to oniy once
(e) None of the above

33. Storage device found inside the computer.

(a) CD-ROM
(b) Zip Disk
(c) Super Disk
(d) Hard Disk
(e) None of the above

34. Which of these keys is not on the number keypad?

(a) Ctrl
(b) Del
(c) Enter
(d) NumLock
(e) None of the above

35. The computer monitor is which type of device?

(a) Input
(b) Output
(c) Processing
(d) Software
(e) None of the above

36. RAM is and !...., _

(a) volatile, temporary
(b) nonvolatile, permanent
(c) nonvolatile, temporary
(d) volatile, permanent
(e) None of the above

37. What menu is selected to cut, copy, and paste?

(a) File
(b) Edit
(c) Too Is
(d) Table
(e) None of the above

38. A device that provides emergency power to your computer, conditions the voltage, and protects against power surges is called a _

(a) PSU = Power Supply Unit
(b) USP = Universal Surge Protector
(c) UPPS = Universal Power Protection and Supply
(d) UPS = Uninterruptible Power Supply
(e) None of the above

39. Secondary storage

(a) does not require constant power
(b) does not use magnetic media
(c) consists of four main types of devices
(d) does not store information for later retrieval
(e) None of the above

40. Deleted data remains on a disk until

(a) the data is overwritten
(b) the recycle bin is emptied
(c) a file compression utility is used
(d) the disk is scanned
(e) None of the above

41. What is the term for how words will appear on a page?

(a) text formatting
(b) Character formatting
(c) Point size
(d) Typeface
(e) None of these

42. The process of a computer receiving information from a server on the Internet is known as

(a) pulling
(b) pushing
(c) downloading
(d) transferring
(e) None of these

43. When sending an e-rnail. the ........ line describes the contents of the message.

(a) subject
(b) to
(c) contents
(d) cc
(e) None of these

44. The software that allows users to surf the Internet is called alan

(a) Search engine
(b) Internet Service Provider (ISP)
(c) Multimedia application
(d) Browser
(e) None of these

45. A CD-RW disk

(a) has a faster access than an internal disk
(b) is a form of optical disk, so it can only be written once
(c) holds less data than a floppy disk
(d) can be erased and rewritten
(e) None of these

46. The" first page of a Web site is called the

(a) Home page
(b) Index
(c) Java Script
(d) Bookmark
(e) None of these

47. A contains buttons and menus that provide quick access to commonly used commands.

(a) menu bar
(b) toolbar
(c) window
(d) action bar
(e) None of these

48. Ctrl, shift and alt are called __ keys.

(a) adjustment
(b) function
(c) modifier
(d) alphanumeric
(e) None of these

49. Memory unit is one part of __ .

(a) Control unit
(b) Central Processing Unit
(c) Input device
(d) Output device
(e) None of these

50. An example of a telecommunications device is a

(a) keyboard
(b) mouse
(c) printer
(d) modem
(e) None of these

51. Which device is used as the standard pointing device in a Graphical User Environment?

(a) Keyboard
(b) Mouse
(c) Joystick
(d) Trackball
(e) None of these

52. Which of the following is not an.output device?

(a) Plotter
(b) Printer
(c) Monitor
(d) Touch Screen
(e) None of these

53. Every component of your computer is either

(a) software or CPUIRAM
(b) input devices or output devices
(c) application software or, system software
(d) hardware or software
(e) None of these

54. What is an E-mail attachment?

(a) A receipt sent by the recipient
(b) A separate document from another program sent along with an E-mail message
(c) A malicious parasite that feeds off your messages and destroys the contents
(d) A list of CC or BCC recipients
(e) None of these

55. What is correcting errors in a program called?'

(a) Interpreting
(b) Translating
(c) Debugging
(d) Compiling
(e) None of these

56. What is the main folder on a storage device called?

(a) Platform
(b) Interface
(c) Root directory
(D) Device driver
(E) None of these

57. 'DOS' floppy disk does not have—

(a) A Boot Record
(b) A File Allocation Table
(c) A Root Directory
(d) Virtual Memory
(e) BIOS

58. The word FIP stands for—

(a) File Translate Protocol
(b) File Transit Protocol
(c) File Typing Protocol
(d) File Transfer Protocol
(e) None of these

59. How is power supplied to a low-power USB device?

(a) Through a power cable
(b) From an external power supply
(c) Directly from the computer's power supply
(d) Through the USB cable
(e) None of these

60. …………….are used to identify a user who returns to a Website.

(a) Cookies
(b) Plug-ins
(c) Scripts
(d) ASPs
(e) None of these

61. A proxy server is used for the which of the following?

(a) To provide security against unauthorized users
(b) To process client requests for web pages
(c) To process client requests for database access
(d) To provide TCP/IP
(e) None of these

62. In the the portion lebelled http is the—

(a) host
(b) domain name
(c) protocol
(d) top-level domain
(e) None of these

63.The number of pixels displayed on a screen is known as the screen—

(a) resolution
(b) colour depth
(c) refresh rate
(d) viewing size
(e) None of these

64. Word processing, spreadsheet, and photo-editing are example of—

(a) application software
(b) system software
(c) operating system software
(d) platform software
(e) None of these

65. A————is approximately a million bytes.

(a) gigabyte
(b) kilobyte
(c) megabyte
(d) terabyte
(e) None of these

66. A computer cannot 'boot' if it does not have the

(a) Compiler
(b) Loader
(c) Operating System
(d) Assembler
(e) None of these

67. To view information on the web you must have a

(a) cable modem
(b) web browser
(c) Domain Name Server
(d) hypertext viewer
(e) None of these

68. What type of computer could be found in a digital watch?

(a) Mainframe computer
(b) Super computer
(c) Embedded computer
(d) Notebook computer
(e) None of these

69. The arrow keys can be used to

(a) delete text
(b) move the cursor in the text that has already been entered
(c) save the document
(d) move the cursor while deleting text
(e) None of these

70. Office LANS, which are scattered geographically on large scale, can be connected by the use of corporate

(a) CAN
(b) LAN
(c) DAN
(d) WAN
(e) TAN

71. Directory in directory is called

(a) Mini directory
(b) Junior directory
(c) Part directory
(d) Sub directory
(e) None of these

72. A __ is a microprocessor-based computing device.

(a) personal computer
(b) mainframe
(c) workstation
(d) server
(e) None of these

73. RAM can be thought of as the __ for the computer's processor.

(a) factory
(b) operating room
(c) waiting room
(d) planning room
(e) None of these

74. One thousand bytes is a __

(a) kilobyte
(b) megabyte
(c) gigabyte
(d) terabyte
(e) None of these

75. What is the term for how words will appear on a page?

(a) text formatting
(b) Character formatting
(c) Point size
(d) Typeface
(e) None of these

76. The process of a computer receiving information from a server on the Internet is known as

(a) pulling
(b) pushing
(c) downloading
(d) transferring
(e) None of these

77. When sending an e-rnail. the ........ line describes the contents of the message.

(a) subject
(b) to
(c) contents
(d) cc
(e) None of these

78. The software that allows users to surf the Internet is called alan

(a) Search engine
(b) Internet Service Provider (ISP)
(c) Multimedia application
(d) Browser
(e) None of these

79. A CD-RW disk

(a) has a faster access than an internal disk
(b) is a form of optical disk, so it can only be written once
(c) holds less data than a floppy disk
(d) can be erased and rewritten
(e) None of these

80. The" first page of a Web site is called the

(a) Home page
(b) Index
(c) Java Script
(d) Bookmark
(e) None of these

81. A contains buttons and menus that provide quick access to commonly used commands.

(a) menu bar
(b) toolbar
(c) window
(d) action bar
(e) None of these

82. Ctrl, shift and alt are called __ keys.

(a) adjustment
(b) function
(c) modifier
(d) alphanumeric
(e) None of these

83. Which ofthe following menu types is also called a drop-down menu?

(a) fly-but
(b) cascading
(c) pop-up
(d) pull-down
(e) None of these

84. Data (information) is stored in computer as

(a) files
(b) directories
(c) floppies
(d) matter
(e) None of these

85. Memory unit is one part of __ .

(a) Control unit
(b) Central Processing Unit
(c) Input device
(d) Output device
(e) None of these

86. An example of a telecommunications device is a

(a) keyboard
(b) mouse
(c) printer
(d) modem
(e) None of these

87. Which device is used as the standard pointing device in a Graphical User Environment?

(a) Keyboard
(b) Mouse
(c) Joystick
(d) Trackball
(e) None of these

88. Which of the following is not an.output device?

(a) Plotter
(b) Printer
(c) Monitor
(d) Touch Screen
(e) None of these

89. Every component of your computer is either

(a) software or CPUIRAM
(b) input devices or output devices
(c) application software or, system software
(d) hardware or software
(e) None of these

90. What is an E-mail attachment?

(a) A receipt sent by the recipient
(b) A separate document from another program sent along with an E-mail message
(c) A malicious parasite that feeds off your messages and destroys the contents
(d) A list of CC or BCC recipients
(e) None of these

91. What is correcting errors in a program called?'

(a) Interpreting
(b) Translating
(c) Debugging
(d) Compiling
(e) None of these

92. What is the main folder on a storage device called?

(a) Platform
(b) Interface
(c) Root directory
(d) Device driver
(e) None of these

93. 'DOS' floppy disk does not have—

(a) A Boot Record
(b) A File Allocation Table
(c) A Root Directory
(d) Virtual Memory
(e) BIOS

94. The word FIP stands for—

(a) File Translate Protocol
(b) File Transit Protocol
(c) File Typing Protocol
(d) File Transfer Protocol
(e) None of these

95. How is power supplied to a low-power USB device?

(a) Through a power cable
(b) From an external power supply
(c) Directly from the computer's power supply
(d) Through the USB cable
(e) None of these

96. …………….are used to identify a user who returns to a Website.

(a) Cookies
(b) Plug-ins
(c) Scripts
(d) ASPs
(e) None of these

97. A proxy server is used for the which of the following?

(a) To provide security against unauthorized users
(b) To process client requests for web pages
(c) To process client requests for database access
(d) To provide TCP/IP
(e) None of these

98. In the the portion lebelled http is the—

(a) host
(b) domain name
(c) protocol
(d) top-level domain
(e) None of these

99.The number of pixels displayed on a screen is known as the screen—

(a) resolution
(b) colour depth
(c) refresh rate
(d) viewing size
(e) None of these

100. Word processing, spreadsheet, and photo-editing are example of—

(a) application software
(b) system software
(c) operating system software
(d) platform software
(e) None of these

Answer
1.	(a)	26.	(d)	51.	(b)	76.	(c)
2.	(d)	27.	(b)	52.	(e)	77.	(a)
3.	(a)	28.	(d)	53.	(d)	78.	(d)
4.	(b)	29.	(c)	54.	(b)	79.	(d)
5.	(c)	30.	(c)	55.	(c)	80.	(a)
6.	(b)	31.	(b)	56.	(c)	81.	(b)
7.	(b)	32.	(a)	57.	(d)	82.	(b)
8.	(a)	33.	(d)	58.	(a)	83.	(c)
9.	(d)	34.	(a)	59.	(d)	84.	(a)
10.	(b)	35.	(b)	60.	(a)	85.	(b)
11.	(a)	36.	(a)	61.	(a)	86.	(d)
12.	(c)	37.	(b)	62.	(c)	87.	(b)
13.	(c)	38.	(d)	63.	(a)	88.	(d)
14.	(d)	39.	(a)	64.	(a)	89.	(d)
15.	(c)	40.	(b)	65.	(c)	90.	(b)
16.	(a)	41.	(a)	66.	(c)	91.	(c)
17.	(d)	42.	(c)	67.	(b)	92.	(c)
18.	(c)	43.	(a)	68.	(c)	93.	(d)
19.	(d)	44.	(d)	69.	(b)	94.	(a)
20.	(b)	45.	(d)	70.	(d)	95.	(d)
21.	(a)	46.	(a)	71.	(d)	96.	(a)
22.	(d)	47.	(b)	72.	(a)	97.	(a)
23.	(b)	48.	(b)	73.	(c)	98.	(c)
24.	(b)	49.	(b)	74.	(a)	99.	(a)
25.	(b)	50.	(d)	75.	(a)	100.	(a)

Marketing Terms

Above the line: "Above the Line" is the term commonly used for advertising for which a payment is made and for which commission is paid to the advertising agency. Methods of above the line advertising include television and radio, magazines, newspapers and Internet.

Ad hoc market research: Ad-hoc research focuses on specific marketing problems. It involves the collection of data at one point in time from one sample of respondents.

Added value: Added value refers to the increase in worth of a product or service as a result of a particular activity. In the context of marketing, the added value is provided by features and benefits over and above those representing the "core product".

Ad-Valorem Duties: These are the duties determined as a certain percentage of prices of the product.

AIDA: Attention Interest Desire Action

AIFI: All India Financial Institution

ALCO: Asset-Liability Management Committee

ALM: Asset/ liability management involves a set of techniques to create value and manage risks in a bank.

Ambush marketing: A deliberate attempt by a business or brand to associate itself with an event (often a sporting event) in order to gain some of the benefits associated with being an official sponsor without incurring the costs of sponsorship

AMC: Asset Management Committee

Annual Financial Statement: It is a statement of receipts and expenditure of states for the financial year, presented to Parliament by the government. It is divided into three parts: Consolidated Fund, Contingency Fund and Public Account.

Appropriation Bill: It is presented to Parliament for its approval, so that the government can withdraw from the Consolidated Fund the amounts required for meeting the expenditure charged on the Consolidated Fund. No amount can be withdrawn from the Consolidated Fund till the Appropriation Bill is voted is enacted.

Appropriation Bill: This Bill is like a green signal enabling the withdrawal of money from the Consolidated Fund to pay off expenses. These are instruments that Parliament clears after the demand for grants has been voted by the Lok Sabha.

Augmented brand: The additional customer services and benefits ("added value") that are built around the core product or service offering

Balance Of Payments: The difference between demand and supply of a country's currency in the foreign exchange market.

Balance Of Trade: The difference between monetary value of exports and imports of output in an economy over a certain period of time. It is the relationship between a nation's imports and exports.

Banking Cash Transaction Tax (BCTT): BCTT is a small tax on cash withdrawal from bank exceeding a particular amount in a single day. The basic idea is to curb the black economy and generate a record of big cash transactions. This tax was introduced in 2005-06 budget.

Behavioural Segmentation: Behavioural segmentation divides customers into groups based on the way they respond to, use or know of a product.

Bond: A negotiable instrument evidencing debt, under which the issuer promises to pay the holder its face value plus interest as agreed.

Brand building: Developing a brand's image and standing with a view to creating long term benefits for brand awareness and brand value

Brand equity: Brand equity refers to the value of a brand. Brand equity is based on the extent to which the brand has high brand loyalty, name awareness, perceived quality and strong product associations. Brand equity also includes other "intangible" assets such as patents, trademarks and channel relationships.

Brand extension: Brand extension refers to the use of a successful brand name to launch a new or modified product in a new market. Virgin is perhaps the best example of how brand extension can be applied into quite diverse and distinct markets.

Brand image: Brand image refers to the set of beliefs that customers hold about a particular brand. These are important to develop well since a negative brand image can be very difficult to shake off.

Brand loyalty: A strongly motivated and long standing decision to purchase a particular product or service

Budget estimates: It is an estimate of Fiscal Deficit and Revenue Deficit for the year. The term is associated with estimates of the Center's spending during the financial year and income received as proceeds of tax revenues

Budgetary Deficit: Such a situation arises when expenses exceed revenues. Here the entire budgetary exercise falls short of allocating enough funds to a certain area.

Business to business: Marketing activity directed from one business to another (as opposed to a consumer). This term is often shortened to "B2B" businesses communicating with customers.

Capital Budget: Capital Budget keeps track of the government's capital receipts and payments. This accounts for market loans, borrowings from the Reserve Bank and other institutions through sale of Treasury Bills, loans acquired from foreign governments and recoveries of loans granted by the Central government to State governments and Union Territories.

Capital Budget: It consists of capital receipts and payments. It also incorporates transactions in the Public Account. It has two components: Capital Receipt and Capital Expenditure.

Capital budget: The list of planned capital expenditures prepared usually annually Capital Gain and Loss. The difference between the price that is originally paid for a security and cash proceeds at the time of maturity (face value of bond) or at the time of sale (selling price of a bond or stock). When the difference is positive, it is a gain, but when it is negative, it is a loss.

Capital Expenditure: It consists of payments for acquisition of assets like land, buildings, machinery, equipment, as also investments in shares etc, and loans and advances granted by the Central government to state and union territory governments, government companies, corporations and other parties.

Capital expenditure: Long-term in nature they are used for acquiring fixed assets such as land, building, machinery and equipment. Other items that also fall under this category include, loans and advances sanctioned by the Center to the State governments, union territories and public sector undertakings.

Capital Goods: Goods used in the manufacturing of finished products

Capital investments: Money used to purchase permanent fixed assets for a business, such as machinery, land or buildings as opposed to day-to-day operating expenses.

Capital Market: Market in which financial instruments are bought and sold.

Capital Payments: Expenses incurred on acquisition of capital assets

Capital Receipt: Capital Receipts consist of loans raised by the Center from the market, government borrowings from the RBI & other parties, sale of Treasury Bills and loans received from foreign governments. Other items that also fall under this category include recovery of loans granted by the Center to State governments & Union Territories and proceeds from the dilution of the government's stake in Public Sector Undertakings.

Capital Receipt: The main items of capital receipts are loans raised by the government from public which are called market loans, borrowings by the government from the Reserve Bank of India and other parties through sale of Treasury Bills, loans received from foreign governments and bodies and recoveries of loans granted by the Central government to state and union territory governments and other parties. It also includes proceeds from disinvestment of government equity in public enterprises.

Capital Structure: The composition of a firm's long-term financing consisting of equity, preference shares, and long-term debt.

Capital: Funds invested in a firm by the owners for use in conducting the business.

CCI: Competition Commission of India

Central Plan Outlay: It refers to the government's budgetary support to the Plan. It is the division of monetary resources among different sectors in the economy and ministries of the government.

CENVAT: This is a replacement for the earlier MODVAT scheme and is meant for reducing the cascade effect of indirect taxes on finished products. This is more extensive scheme with most goods brought under its preview

CESS: This is an additional levy on the basic tax liability. Governments resort to cess for meeting specific expenditure. For instance, both corporate and individual income is at present subject to an education cess of 2%. In the last Budget, the government had imposed another 1% cess as secondary and higher education cess on income tax to finance secondary and higher education.

Cognitive dissonance: Cognitive dissonance is an customer effect commonly observed after a major purchase whereby the customer feels uncertainty about whether the purchase should have been made. Post-purchase promotion (particularly advertising) has a role to play to reduce the incidence and effect of cognitive dissonance

Combination brand: A combination brand name brings together a family brand name and an individual brand name. The idea here is to provide some association for the product with a strong family brand name but maintaining some distinctiveness so that customers know what they are getting

Competitive advantage: A competitive advantage is a clear performance differential over the competition on factors that are important to customers

Competitor benchmarking: Competitor benchmarking compares customer satisfaction with the products, services and relationships of the business with those of key competitors

Consolidated Fund: This is one big reservoir where the government pools all its funds together. The fund includes all government revenues, loans raised and recoveries of loans granted.

"G.K For Bank & other competitive Exams"

1. The Govt of India has decided to declare which of the following rivers a National River?
a) Brahmaputra b) Yamuna c) Ganga  d) Kaveri     e) None of these
2. Who amongst the folIowing economists gave the concept of "economies of scale", which says "many goods and services can be produced more cheaply in long series"?
a) Edward C Prescott b) Amartya Sen c) Gary S Becker d) Edmund S Phelps e) Paul Krugman
3. Very often we read in newspapers/magazines about "Sovereign Wealth Funds". Which of the following is/ are the correct description of the same?
(A) These are the funds or the reserves of a government or central bank of a country which are invested further to earn profitable returns.
(B) These are the funds which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several years.
(C) The funds which are created to be used as relief funds or bailout packages are known as sovereign funds.
a) Both B & Conly
b) Only B
c) Only C
d) Only A
e) None of these
4. Very often we read about Special economic Zones (SEZs) in newspapers. What is the purpose of promoting SEZs in India?
(A) They are established to promote exports.
(B) They are established to attract investments from foreign countries.
(C) They are established to help the poorest of the poor in India as the activities of these zones are reserved only forthe poors and those living below poverty line.
a) Only A    
b) Only B
c) Only C
d) Both A & B only
e) None of these
5. The ratio of the Cash Reserves that the banks are required to keep with the RBI is known as
a) Liquidity Ratio b) SLR c) CRR d) Net Demand & Time Liability e) None of these
6. The-Govt ofIndia in order to provide some relief to the exporters announced a relief-package of Rs a) 1000 crb) 2500 cr c) 4000 cr     d) 5000 cr e) 7000 cr
7. The availability of cash and other cash-like marketable instruments that are useful in purchases and investments are commonly known as
a) Cash crunchb) Liquidity c) Credit d) Marketability e) None of these
8. The White Tiger is a book written by
a) Amitav Ghosh    b) Arundhati Roy c) VS Naipaul     d) Kiran Desai e) Aravind Adiga
9. Besides USA and France, India has a Civil Nuclear Deal with
a) Britain     b) Russiac) Germany  d) Canadae) Australia
10. Jnanpith Award is given for excellence in the field of
a) Music     b) Literature     c) Sports d) Films     e) Social Services
11. As per newspaper reports, India's trade gap has been showing a negative growth for the last few months. "Trade Gap" means what?
a) Gap between total GDP and total consumption
b) Gap between total imports and total exports
c) Gap between available liquidity and expected demand in next five months
d) Gap between budgeted revenue collection and actual collection of the same
e) None of these
12. 'Equity schemes managed strong NAV gains, which, boost their assets' was a news in some financial newspapers. What is the full form of the term NAVas used in above head lines?
a) Nil Accounting Variation b) Net Accounting Venture c) Net Asset Value
d) New Asset Venture e) None of these
13. As per reports published in various newspapers, mutual fund companies showed 94 per cent growth in their total profits during 2009-10. This means the profits earned by these companies were 94 per cent
a) in their total investments they made collectively during the year
b) more than their profits during previous year
c) of the total capital of the company
d) less than the total expenditure of the companies
e) None of these
14. As per the reports published in some major news papers "ADAG companies" made good profits during the year. ADAG companies are popularly known as
a) Companies owned by Tata Group b) Aditya Birla Companies
c) Reliance Companies d) Companies owned by Aptech e) None of these
15. "Mutual Funds reported exceptional performance in 2009-10" was the news in major financial news papers recently.  What is a mutual fund?
A. A type of collective investment scheme that pools money from many investors and invests it in stocks, bonds or other money market instruments.
B. It is a subsidiary of a bank or financial company created specially to raise money to be invested in a particular industry, ie housing or insurance etc. The money raised thus cannot be invested anywhere else.
C. When several banks and financial companies come together and create a common pool of money to fund mega infrastructural project like bridges, roads, power plants etc, the common pool is known as Mutual Fund.
a) Only A
b) Only B
c) Only C
d) All A, B & C
e) None of these
16. We very frequently read about Europe's sovereign debt crisis these days. Which of the following statements/is/are true about the same?
A. In early 2010 the Euro crisis developed in some countries like Greece, Spain and Portugal.
B. This created a credit default swap between the countries of the European Union ..
C. SAARC countries have offered some assistance to some of the severely affected countries like Portugal, Spain and Greece.
a) Only A b) Only B c) OnlyA & B d) All A, B & C e) None of these
17. As per the announcement made by the RBI, some Stock Exchanges in India are allowed to introduce Plain Vanilla Currency Options. The term Plain Vanilla Currency Options is associated with which of the following activities/operations?
a) Dollar-Rupee Exchange Rate b) Floating of Commercial Papers
c) Launch of new mutual funds d) Deciding the opening price of a share on a particular" business day e) None of these
18. The process of "Artificial Application of Water to the soil usually for assisting in growing crops" is technically known as
a) water harvesting b) irrigation c) water recharging d) percolation e) none of these
19. Waste Water generates which of the following gases. which is more powerful and dangerous than C02?
a) Nitrogen     b) Sulphur dioxide c) Hydrogend) Methanee) None ofthese
20. Which of the following days was observed as World Water Day 2010?
a) 20th Juneb) 22nd July c) 22nd Marchd) 20th Maye) None of these
21. "Indira Gandhi Canal", which is around 450 km long, provides irrigation facility mainly to which of the following states?
a) Punjabb) Haryana c) Madhya Pradesh d) Gujarat e) Rajasthan
22. Who amongst the following is the director of the popular Hindi film "OyeLucky ! Lucky Oye"?
a) Mani Ratnam     b) David Dhavan c) Dibakar Banerjee     d) R Balakrishnan e) None of these
23. Which of the following is NOT a missile developed by the Defence Research and Development. Organisation (DRDO) ?
a) Shauryab) Pinakac) Brahmos d) Agni     e) Nag
24. Which ofthe following metals is used for generation of Nuclear Energy by most of the Nuclear Power Plants?
a) Zinc     b) Platinum     c) Uranium d) Nickel     e) None of these
25. Indus Water Treaty is a pact on' sharing of river water between India and
a) Bangladesh     b) Pakistan c) Nepald) Afghanistan e) Myanmar
26. Which of the following is/are considered a Renewable Source of Energy?
A. Wind EnergyB. Solar EnergyC. Nuclear Energy
a) OnlyA   b) OnlyB c) OnlyC d) Only A & Be) All A, B' & C
27. Mrs. Pratibha Patil is the _______the President of India 
a) 10th President of India b) 11th President of India c) 12th President of India
d) 1st President of India e) 15th President of India
28. How many intertwined rings are shown in the Olympic Flag used these days in the games?
a) Five b) Six    c) Seven d) Threee) None of these
29. India's 'Look East' trade policy is designed to help particularly members of which of the following group of nations?
a) SAARC     b) ASEAN c) WTO d) NAT e) EU
30. Which of the following countries has signed a 22-Point Agreement with Madhesi People's Right Forum (MPRF)?
a) China     b) Nepal     c) India d) Bangladesh     e) Myanmar
31. 'Brahmos' is designed to be used by which of the following?
a) Indian Navy b) Indian Army c) Indian Air Force d) Border Security Forcee) All of these
32. Which of the following agencies/organisations is setting up India's first Natural Resource Data Centre in Kolkata?
a) RBI  b) SEBI c) NABARDd) S~C     e) BARC
33. The Finance Minister ofIndia recently made a mention that Infrastructure Development in India should be done on PPP model only. What is the full form of'PPP'?
a) Purchasing Power Parity b) Public Private Partnership c) Purchase Produce Provide
d) People's Programme & Priority e) None of these
34. The Global Non-Violence Day was observed on which of the following days?
a) 15th August b) 14th November c) 19th September d) 2nd October e) 30th January
35. The period for 11 th Five Year Plan is
a) 2005-10b) 2006-11     c) 2007-12 d) 2008-13     e) None of these
36. Who amongst the following has played the main/lead role in the film Chak De India?
a) Abhishek Bachchan b) Salman Khan c) Aamir Khan d) Shah Rukh Khan e) None of these
37. 'Ranji Trophy' is associated with the game of
a) Hockey     b) Footballc) Badminton d) Crickete) Tennis
38. Which ofthe following awards is given for excellence in literary work?
a) Bharat Ratna b) Shanti Swamp Bhatnagar Award c) DronacharyaAward
d) Arjuna Award e) Pulitzer Prize
39. Roger Federer, who won the US Open 2007 Tennis Championship, is a citizen of
a) Belgiumb) Francec) Russiad) USA     e) Switzerland
40. Which of the following awards is NOT a 'Gallantry I Award'?
a) Mahavir Chakra     b) Vir Chakra c) Vishista Sewa Medald) Ashok Chakra e) Saraswati Saminan
41. As per the to Commerce Ministry data released on 2 January 2012, India’s exports recorded their slowest pace of growth in two years in November 2011. What was the per centage of growth recorded?
a) 4.2%b) 3.8%c) 2.2%d) 0.94%
42. The capital market regulator SEBI on 3 January 2012 allowed auctioning of securities through stock exchanges and introduced a new method for institutional placement of stocks. Which of the following facts related to the above statement is/are not true?
1. Under the institutional placement programme (IPP), shares can be sold only to qualified institutional buyers.
2. There shall be at least 25 allottees in every IPP issuance. No single investor shall receive allotment for more than 25% of the offer size
3. The IPP method can be used to increase public holding by 10% and could be offered to only qualified institutional buyers with 25% being reserved for mutual funds and insurance companies
4. Under the IPP, companies will have to announce the ratio of buy-back, as is done in the case of rights issues and fix a record date for determination of entitlements as per shareholding on record date
a) Only 1b) Only 3c) Only 2d) Only 4
43. What is the Finace Ministry’s decision on the rates applicable on small savings instruments schemes that would be announced on April 1 each year?
a) rate would remain valid till the maturity of the scheme
b) rate would change in the first qurter of that respective year
c) rates would change depending on different maturity period
d) rates would remainvalid for six months post the maturity
44. Scientists discovered unknown species off the coast of Antarctica. Consider the following statements: i) The temperature in this region rises to 380 degree Celsius. Ii) There is plenty of light in this region.
Which of the above statements is/ are correct?
a) Only ib) Only iic) Both i and iid) Neither i nor ii
45. Scientists produced artificial human semen to help infertile men.  Consider the following statements:
i) The scientists grew the sperm by enveloping the germ cells in a special compound called agar jelly.
ii) The artificial human semen could help infertile men father their own children.
Choose the right option:
a) Both i and ii are correct.b) Only i is correct.
c) Only ii is correct.d) Neither i nor ii is correct.
46. Health Authorities in Australia recently detected Deadly Disease, Murray Valley Encephalitis.  The disease is caused by the__.
a) Fliesb) Mosquitoesc) Birdsd) Dogs
47. Which PSU announced on 2 January 2012 that its board approved in a meeting held on 30 December 2011 the switching over to internationally-accepted Gross Caloric Value-based pricing mechanism?
a) BHELb) ISPATc) CILd) IOC
48. Mukesh Ambani’s Reliance Industries Ltd (RIL) entered the media and entertainment sector by making a major investment in one of India’s largest broadcast companies. Name the broadcast company.
a) Network18 Groupb) Adlabs Filmsc) Balaji Telefilmsd) Bag Films
49.  India approved the acquisition of French advanced missile systems to arm the Mirage-2000 fighter jets. Consider the following statements:
i)  The cabinet committee on Security cleared the contract for the fire and forget MICA with French company MBDA.
ii) MICA are interception and aerial combat missiles.
Choose the right option:
a) Both i and ii are correct.b) Only i is correct.c) Only ii is correct.d) Neither i nor ii is correct.
50.  The Union government approved Katra-Quazigund Railway line project. The project is located in__.
a) Jammu and Kashmirb) Biharc) Punjabd) Haryana
51. (1) Theatre director, screenplay writer and actor Satyadev Dubey, credited with introducing existential and absurd theatre, passed away on 25 December 2011. Which facts about the concerned person is/are not true?
(2) he got attracted to the post-1947 theatre and joined Theatre Unit, the theatre group-cum-school founded by Ebrahim Alkazi
(3) Dubey came into prominence with Dharamvir Bharati’s radio-play Andha Yug that brought to the fore the pervasive criminal and homicidal tendencies during the times of war.
(4) He penned screenplays/dialogue of some acclaimed films in the 1970s, including Shyam Benegal's Nishant, Ankur, Kalyug and Bhumika
(5) He won the Filmfare Award for Best Dialogue in 1980 for the film Ankur
a) Only 1b) Only 4c) 2 & 3d) Only 2
52. Lok Sabha on 27 December 2011 passed the Lokpal and Lokayukta bill, 2011. Consider the following statements:
i) The setting up of Lokayuktas by the states would not be mandatory.
ii) The constitutional amendment bill fell through.
Choose the right option:
a) Both i and ii are correct.b) Only i is correct.c) Only ii is correct.d) Neither i nor ii is correct.
53. (1) Reserve Bank of India deregulated non-resident external (NRE) deposits on 16 December 2011 allowing banks  to offer higher interest rates to dollar-denominated accounts. Which of the following facts related to the above statement is/are not true?
(2) Reserve Bank freed the rates on non-resident external accounts, offering interest as high as 9.6% per annum
(3) Following RBI’s deregulation five Indian banks, including HDFC Bank and Yes Bank on 23 December 2011 raised their interest rates on such deposits in order to lure foreign money
(4) Private lender Yes Bank increased the interest rates on fixed deposits held by non-resident Indians (NRIs) to 8.4 per cent from 3.82 per cent
(5) The new rates are effective from 24 December for fresh deposits as well as those being renewed on maturity.
a) 1 & 2b) Only4c) Only 3d) 1 & 4
54. According to the RBI data, India's foreign exchange reserves fell by what amount to $302.1 billion during the week ended 16 December  2011 on account of a fall in foreign currency assets?
a) $4.67 billionb) $3.33 billionc) $5 billiond) $5.75 billion
55. Telecom Commission, the decision-making body of the Department of Telecommunications recommended a uniform licence fee of what per cent of adjusted gross revenues (AGR) as against the prevalent rate of 6-8 per cent?
a) 10%b) 8%c) 5.2%d) 9.3%
56.  NASA's Kepler mission discovered the first Earth-size planets orbiting a sun-like star outside our solar system. These planets are called ___ and____.
a) Kepler-20e; Kepler-20fb) Kepler-20a; Kepler-20b
c) Kepler-20c; Kepler-20dd) Kepler-20m; Kepler-20n
57. Scientists at the Salk Institute for Biological Studies report discovered a missing link between the body’s biological clock and sugar metabolism system. Consider the following statements
i) Sugar Metabolism is a process by which the body uses sugar for energy.
ii) If the human body produces too little insulin, the amount of sugar in the blood increases abnormally, a condition known as hyperglycemia.  Choose the right option:
a) Both i and ii are correct.b) Neither i nor ii is correct.
c) Only i is correct.d) Only ii is correct.
58. Name the gene found by the neuroscientists, which could help in creating and altering memory.
a) Mpas 4b) Npas 4c) Npas 3d) Mpas 2
59. Name the Rashtriya Lok Dal (RLD) leader who was inducted into the Union Cabinet as civil aviation minister on 18 December 2011.
a) Ajit Singhb) Jayant Chaudharyc) Devendra Nagpald) Sanjay Singh Chauhan
60. Popularly known as Adam Gondvi, this Hindi poet who  wrote revolutionary poetry focusing on the pathetic state of dalits and the poor breathed his last in Lucknow on 18 December 2011. Name the poet.
a) Bharat Bhusanb) Ram Nath Singhc) Uday Prakashd) Shail Chaturvedie) Naresh Mehta
61. The Union cabinet of India on 22 December 2011 approved __ percent share for minorities within the 27% OBC quota in jobs and university seats.
a) 4.5b) 5.6c) 3.4d) 5
62. The Manipur Legislative Assembly passed the Manipur Lokayukta Bill, 2011. Manipur will be the __state in North-Eastern India to have alegislation of Lokayukta.
a) Secondb) Thirdc) Firstd) Fourth
63. (1) Former Czech president Vaclav Havel who had been suffering from chronic respiratory problems died on 18 December 2011. Which of the following facts mentioned about him is/are not true?
(2) He was the tenth and last president of Czechoslovakia (1989–92) and the second President of the Czech Republic (1993–2003)
(3) He played a seminal role in the Velvet Revolution that ended four decades of repression by a regime which Havel ridiculed as Absurdistan.
(4) He co-authored the human rights manifesto Charter 77, which drew wide attention in the West.
(5) As president, he oversaw the country's transition to democracy and a free-market economy and also the peaceful 1993 breakup into the Czech Republic and Slovakia.
a) Only 3b) Only 1c) 1 & 4d) Only 4
64. The enigmatic leader of North Korea Kim who led his nation for 17 years through a devastating famine while frustrating the United States and other global powers with approach to talks on giving up nuclear arms in return for food and other assistanceon died on 17 December 2011 after he suffered a massive heart attack. Name the leader
a) Kim Jong-ilb) Kim Il-sungc) Kim Jong-und) Kim Jong-chul
65. Which Controversial film based on the 116-year-old Mullaperiyar dam and directed by Sohan Roy made it to a shortlist for the Oscars under the Best Picture category?
a) Rio and The Muppetsb) Undefeatedc) Project Nimd) Dam 999
66. India and Australia on 16 December 2011 signed an agreement to amend DTAA (Double Taxation Avoidance Agreement).  DTAA was signed between India and Australia in__.
a) 1990b) 1991c) 1992d) 1995
67. The Indian women's hockey team defeated Ireland 4-1 win to clinch the bronze medal in the four-nation tournament held in Parana, Argentina in December 2011. Which team won the gold medal?
a) South Africab) USAc) Argentinad) Pakistan
68. Who defeated ace badminton player and World No. 4 Saina Nehwal of India in the women’s singles final of the $500000 BWF World Super Series badminton championship in China on 18 December 2011?
a) Zhang Ningb) Xie Xingfangc) Xu Huaiwend) Wang Yihan
69. Which India striker was on 20 December 2011 voted Player of the Year by the All India Football Federation?
a) Sunil Chhetrib) Savio Medeirac) Kyrshan Lyngshingd) Babu Mani
70. Diesel consumption in Delhi declined by a startling 26% in 2010-11 compared to 2009-10. Delhi was however found to have used 2.24% more petrol in the same period. As per the latest Delhi government figures, the consumption of diesel in the city stood at what amount in 2010-2011?
a) 10.98 lakh metric tonnesb) 7.5 lakh metric tonnesc) 8.11 lakh metric tonnesd) 6 lakh metric tonnes
71. Fears of continuing economic slowdown, lack of decision making at the centre, rising fiscal deficit combined with not-so-impressive revenue collections upset Dalal Street investors on 20 December 2011. Which of the foolowing facts  related to the above statement is/are not true?
1. Fears of continuing economic slowdown, lack of decision making at the centre, rising fiscal deficit combined with not-so-impressive revenue collections led to a 204 points loss in sensex that ended at 15175
2. The slide on 20 December 2011 was triggered by FII selling which recorded a net outflow of Rs 600 crore, taking the month’s total net outflow to about Rs 1700 crore.
3. The combined effect of the market’s slide and the depreciation of the rupee forced India to exit from the select group of countries with a $1 trillion market capitalization
4. There was not even a single ADR issue in 2011. However, companies raised about $220 million through GDRs (Global Depository Receipts) during 2011
a) Only 1b) 3 & 4c) Only 3d) Only 2
72. Credit rating agency Moody's on 21 December 2011 upgraded the credit rating of the Indian government's bonds from the speculative to investment grade. Which of the following facts related to the above statement is/are true?
1. According to a release issued by the Finance Ministry, Moody's unified India's local and foreign currency bond ratings at Baa3
2. Moody's Investor Service upgraded its local currency rating for Indian government bonds to Baa3 which is speculative grade as compared to the earlier Ba1 which is junk or investment grade.
3. India's foreign currency bond ceiling is unchanged at Baa2, and the foreign currency bank deposit ceiling is Baa3. The local currency bond and bank deposit ceilings are unified at A1.
4. The government's local currency short-term rating has been changed to P-3 from NP, indicating the government's ability to repay short-term debts.
a) Only 2b) Only 1c) 1 & 3d) Only 4
73. According to official data released here on 22 December 2011, food inflation dropped sharply to an almost four-year low of what per cent during the week ended 10 December indicating an overall easing of prices?
a) 1.5%b) 1.32%c) 1.81 %d) 2.32%
74. Which of India's leading commodity bourses on 20 December 2011 became the world's fifth-largest commodity futures exchange?
a) National Multi Commodity Exchange of Indiab) Bharat Diamond Bourse
c) Multi Commodity Exchanged) Bombay Stock Exchange
75. Ravi Ruia decided on 21 December 2011 to step down as chairman of which of the following London-listed after a trial court admitted a criminal chargesheet filed by the investigating agency, CBI?
a) Essar Energyb) Essar Shippingc) Essar Oild) Eaasr Technologies
76. Which company won the award for Alternative Thinking and Driving Positive Change in the Fleet Owner category at the Mahindra Navistar Transport Excellence Awards 2011 at Hotel Ashok here on 20 December 2011?
a) Tata Motorsb) Hero Groupc) Edu Compd) Agarwal Packers & Movers
77. Which PSU lender decided to aggressively market its gold loan scheme for farmers to prevent defaults after the agriculture sector witnessed a sharp spike in bad debt in the past one year?
a) Union Bankb) United Bank of Indiac) Industrial Development Bank of India
d) State Bank of India
78. Who did the Central Government appoint as Chairman and Managing Director (CMD) of Andhra Bank?
a) B. A. Prabhakarb) O. P. Bhattc) Pratip Chaudhurid) S. Vishvanathan
79. The directorate general of hydrocarbons (DGH), the technical arm of the oil ministry approved which company’s proposal to commence production from Bhagyam, the second-largest oil field in the Rajasthan block?
a) Essar Oilb) ONGCc) Cairn Indiad) Indian Oil
80. Scientists discovered that the protein__ is responsible for regulating fatty acid oxidation in the liver and is critical for metabolism.
a) CPT1b) CTP1c) CTT1d) CPT2
81. British Scientists recently developed a technology to produce pocket TV. Consider the following statements:
i) Scientists developed a new form of light-emitting crystals, known as quantum dots.
ii) These tiny crystals are 100000 times smaller than the width of human hair.
Choose the right option:
a) Both i and ii are correct.b) Only i is correct.c) Only ii is correct.d) Neither i nor ii is correct.
82. Scientists developed a hydrogel that regenerate healthy and scar-free tissue on skin damaged by severe burns.  Consider the following statements:
i) The hydrogel helps in formatting of new blood vessels and skin including hair follicles.
ii) The injured soldiers, fire victims and people with third degree burns can avail of the gel.
Choose the right option:a) Both i and ii are correct.b) Only i is correct.c) Only ii is correct.d) Neither i nor ii is correct.
83. The Sangita Kalanidhi M.S. Subbulakshmi Award was presented to whom at the inauguration of the 85th annual conference of the Music Academy in Chennai on 15 December 2011?
a) S.R. Nathanb) Trichy Sankaranc) Subramania Pillaid) Subramaniyam Iyer
84. The 40th anniversary of vijay diwas was celebrated on which day marking the finest hour of the Indian armed forces when they defeated Pakistan, leading to the creation of Bangladesh in 1971?
a) 12 Decemberb) 15 Decemberc) 16 Decemberd) 18 December
85. The Himachal Pradesh Cabinet on 15 December 2011 approved amendment to the state industrial policy. Consider the following statements:
i) The amended industrial policy seeks to promote environmentally sustainable development in the state and encourage cleaner production and adoption.
ii) Under this policy, disincentive industries will be put on negative list.
Choose the right option:
a) Both i and ii are correct.b) Only i is correct.c) Only ii is correct.d) Neither i nor ii is correct.
86. The Supreme Court of India directed Tamil Nadu to ensure that the water level in the Mullaperiyar dam does not exceed __but declined to entertain Kerala’s plea for reducing the level to__.
a) 136 feet; 120 feetb) 120 feet; 136 feetc) 140 feet; 112 feetd) 150 feet; 140 feet
87. A parliamentary committee on 13 December 2011 rejected the proposal to allow what percentage foreign direct investment in the insurance sector?
a) 51%b) 49%c) 43%d) 29%
88. According to data from research body All India Organisation of Chemists and Druggists (AIOCD), Indian drugmakers posted a certain per cent month-on-month growth in sales of November 2011 which was the highest in the past 14 months. What was the per cent of sales growth projected for the month?
a) 23%b) 31%c) 21%d) 43%
89. The government waived loan of handloom weavers in India to help revive the sector under the scheme of Revival, Reform and Restructuring Package for Handloom Sector. What amount of loan was waived?
a) Rs 548.35 croreb) Rs 420.66 crorec) Rs 506.64 crored) Rs 3521 crore
90. A committee on mutual funds, constituted by SEBI in december 2011 recommended to the regulator’s board to break down the bifurcation within the fee structure known as expense ratio. Which of the following facts are not true with regard to the above statement?
1. Currently  mutual funds are allowed to charge up to 2.25% as expense ratio. fund houses are allowed to accept only 1.25% as asset management charges
2. Funds with large corpuses currently charge 1.55% as expenses charges
3. SEBI was suggested to keep overall scheme expenses unchanged at 2.25% for schemes with assets under management not exceeding Rs 400 crore
4. Expense ratio is more than important in debt schemes where the rate of return is not hig.
a) 1 & 2b) 3 & 4c) 1 & 3d) Only 2e) None of the above
91. Which player became the first player to win the Orders of Merit on both sides of the Atlantic on 11 December 2011 when he shot a closing 66 to finish third in the Dubai World Championship?
a) Luke Donaldb) Alvaro Quirosc) Rory McIlroyd) Paul Lawrie
92. Which country defeated Spain 1-0 to win for the 4th time hockey’s Champions Trophy title on 11 December 2011?
a) Pakistanb) New Zealandc) Australiad) Greece

93. Name the woman squash player who on 10 December 2011 annexed the elusive women’s title while in the Senior National Squash Championship in Chennai.
a) Sarah Fitz-Geraldb) Dipika Pallikalc) Anaka Alankamonyd) Sushma Pillai
94. (1) The Centre for Development of Telematics (C-DoT) on 5 December 2011 transferred indigenously-developed Gigabit Passive Optical Network (GPON) technology to seven telecom equipment manufacturers. Which of the following facts about the technology is not true?
(2) The GPON technology is a pivotal component required for broadband connectivity over optical fibre.
(3) C-DOT indigenously designed and developed GPON technology, which can be used to provide triple play (voice, video and data) through fibre-based networks
(4) The GPON technology was tested, validated, field-evaluated and made operational in MTNL's/VSNL’s network in Ajmer (Rajasthan)
(5) The technology will help fulfil requirements of major national programmes like the National Optical Fibre Network and the State Wide Area Network.
a) Only 1b) Only 3c) 1 & 4d) Only 4
95. Bank lending to the priority sector grew at what percentagein October 2011 on an annual basis due to lower offtake by agriculture and MSME segments as well as decline in micro credit?
a) 10%b) 12%c) 13.7%d) 8.3%
96. With the inauguration of the first state-of-the-art ATDC-SMART (Skill for Manufacturing Apparels through Research and Training) in Egmore, Chennai, the Ministry of Textiles launched which of the following schemes?
a) National Technology Mission for Technical Textilesb) Integrated Skill Development Schemec) Technology Upgradation Fund Scheme (TUFS) For Textile
d) Rural Textiles Technology Development Skill
97. Which bank signed a memorandum of understanding with Life Insurance Corporation of India (LIC) to use the National Electronic Funds Transfer (NEFT) facility  to facilitate electronic funds transfer of policy payments to policyholders?
a) IDBIb) Corp Bankc) Indian Overseas Bankd) Dhanlaxmi Bank
98. World Aids Day is observed anually on 1 December 2011. What was the theme of World AIDS Day 2011?
a) Getting to Zerob) Stigma and Discriminationc) Women & AIDS
d) Force For Change: World AIDS Campaign With Young People
99. (1) An icon of Indian cinema and evergreen star Dev Anand died at the age of 88 in London on 3 December 2011 (4 December according to IST) after suffering a massive cardiac arrest. Which of the following facts about him is/are not true?
(2) Dev Anand started his career with Prabhat Films' Hum Ek Hain (1946) soon after he joined IPTA
(3) Anand started producing films after the success of Ziddi. He launched his own company Navketan in 1949 which, by 2011, had produced 31 films
(4) His first colour film, Johny Mera Naam with Waheeda Rehman was based on the novel of the same name by R. K. Narayan
(5) The Government of India honoured him with the Padma Bhushan in 2001 and the Dadasaheb Phalke Award in 2002
a) 1 & 4b) Only 3c) 2 & 4d) 1 & 4

100. The Golden Peacock Award for the Best Film was given to which of the following films at the 42nd International Film Festival of India which came to an end at the Kala Academy in Panaji, Goa on 3 December 2011?
a) Russian film Elena
b) an Israeli film Restoration
c) Columbian Film Porfirio
d) Malayalam film Adaminte Makan Abu
 

Answers
1.	(c)	26.	(d)	51.	(b)	76.	(d)
2.	(e)	27.	(c)	52.	(a)	77.	(d)
3.	(d)	28.	(a)	53.	(c)	78.	(a)
4.	(d)	29.	(b)	54.	(a)	79.	(c)
5.	(c)	30.	(b)	55.	(b)	80.	(a)
6.	(d)	31.	(b)	56.	(a)	81.	(a)
7.	(b)	32.	(c)	57.	(a)	82.	(a)
8.	(e)	33.	(b)	58.	(b)	83.	(b)
9.	(b)	34.	(d)	59.	(a)	84.	(c)
10.	(b)	35.	(c)	60.	(b)	85.	(a)
11.	(b)	36.	(d)	61.	(a)	86.	(a)
12.	(c)	37.	(d)	62.	(b)	87.	(b)
13.	(b)	38.	(e)	63.	(b)	88.	(c)
14.	(c)	39.	(e)	64.	(a)	89.	(d)
15.	(a)	40.	(e)	65.	(d)	90.	(d)
16.	(a)	41.	(b)	66.	(b)	91.	(a)
17.	(a)	42.	(c)	67.	(c)	92.	(c)
18.	(b)	43.	(a)	68.	(d)	93.	(b)
19.	(d)	44.	(a)	69.	(a)	94.	(b)
20.	(c)	45.	(a)	70.	(c)	95.	(a)
21.	(e)	46.	(a)	71.	(d)	96.	(b)
22.	(c)	47.	(c)	72.	(a)	97.	(d)
23.	(a)	48.	(a)	73.	(c)	98.	(a)
24.	(c)	49.	(a)	74.	(d)	99.	(b)
25.	(b)	50.	(a)	75.	(a)	100.	(c)