NON CAT GK Test 1 1.

Microcredit or microfinance is a novel approach to banking with the poor through Self Help Groups or SHGs. However, the Microfinance Institutions or MFIs have now replaced the SHGs with JLGs. What does the JLG most commonly stands for? A] Joint Lending Groups B] Joint Liability Groups C] Joint Local Groups D] Joint Lenders Groups Which among the following service does not belong to Google? A] Youtube B] Blogger C] Picnik Consider the following: 1. Repo Rate 2. Reverse Repo Rate 3. Cash Reserve Ratio 4. Statutory Liquidity Ratio Which among the above are called Statutory Pre-emptions? A] 1&2 B] 2&3 C] 3&4

2.

D]

Xbox

3.

D]

1&4

4.

Which among the following was the main objective of the Fiscal Responsibility and Budget Management Act, 2003? A] Achieve Fiscal Surplus B] Eliminate Revenue deficit C] Eliminate Fiscal Deficit D] Stop Money Laundering Which among the following body regulates Mutual Funds in India? A] RBI B] SEBI C] NABARD

5.

D]

AMFI

6.

Which among the following is the venue of the recent (October 2011) Commonwealth Heads of Government meeting (CHOGM)? A] Venice B] Perth C] Ottawa D] Canberra Rajat Gupta, prominent Indian-Americans recently surrendered before the FBI in New York in the case of insider trading scam. He belongs to which among the following companies? A] Credit Suisse B] Goldman Sachs C] BNP Paribas D] J.P. Morgan & Co. Cristina Fernndez de Kirchner has been recently reelected for a second term as President of which among the following countries? A] Brazil B] Peru C] Argentina D] Chile NATOs Operation Unified Protector was conducted in which among the following countries recently? A] Egypt B] Libya C] Syria D] Pakistan Recently, the Government has decided to launch a Dam Rehabilitation and Improvement Project (DRIP) for rehabilitation of 223 Dams in the States of Kerala, Madhya Pradesh, Orissa and Tamil Nadu with the assistance of which among the following bodies? A] World Bank B] International Monetary Fund C] Asian Development Bank D] International Bank for Reconstruction and Development

7.

8.

9.

10.

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11.

The Government has recently decided to augment the capital base of which among the following institutions by infusing 3000 crore rupees as governments equity? A] SIDBI B] EXIM Bank C] NABARD D] LIC Recently, the Government has decided to raise its quota in the International Monetary Fund, IMF from 2.44 to which among the following fractions so that India will be among the 10 largest quota share holders at the IMF? A] 2.75% B] 2.95% C] 3.15% D] 3.25% Recently, the Government has approved a new Manufacturing policy, which aims to create one hundred million jobs in next 10 years. Government wants to lift the share of manufacturing sector in the GDP to 25 per cent in the next decade. What is the current (approximate) share of manufacturing sector in the GDP? A] 12% B] 16% C] 19% D] 21% National Optical Fiber Network will be providing broadband connectivity to which among the following? A] Municipalities B] Gram Panchayats C] Panchayat Samitis D] Nagarpalikas India has been providing assistance to which among the following neighbors for strengthening and extension of embankments along Lalbakeya, Bagmati and Kamla rivers? A] Bangladesh B] Nepal C] Pakistan D] Myanmar Russell Tribunal is related to which among the following? A] International Intellectual property issues B] War Crimes C] Crimes against women D] Organized International Crime Consider the following: 1. Financial market reforms 2. State fiscal reforms 3. Health, environment and energy disaster management 4. Modernization of Indian armed Forces Which among the above include the main thrust of US assistance to India via USAID? A] 1 B] 1, 2 C] 1, 2, 3 D] 1, 2,3,4 Consider the following: 1. Preamble 2. Fundamental Rights 3. Fundamental Duties 4. Directive Principles of State Policy The principle of gender equality is enshrined in which among the above parts of Indian Constitution? A] Only 1 B] 1& 2 C] 1, 2 & 3 D] 1, 2, 3 & 4 Consider the following: 1. National Insurance Company Ltd. 2. New India Assurance Company Ltd. 3. Oriental Insurance Company Ltd. 4. United India Insurance Company Ltd. Which among the above are in GIPSA? A] 1&2 B] 1, 2 & 3

12.

13.

14.

15.

16.

17.

18.

19.

C]

2, 3 & 4

D]

1, 2, 3 & 4

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20.

Consider the following statements: 1. India is exposed to nearly 10 per cent of the worlds tropical cyclones 2. Majority of Tropical Cyclones in India have their initial genesis over the Arabian Sea and strike the west coast of India 3. Tropical cyclones occur in the months of May-June and October-November Which among the above statements is/ are correct? A] 1&2 B] 2&3 C] 1&3 D] 1, 2 & 3 Consider the following: 1. Minimum one protected mammal species of indigenous variety 2. Suitability for Research 3. Traditional tribal living Which among the above is/ are the primary criteria to select a site for Biosphere Reserve in India? A] Only 1 B] 1&2 C] Only 2 D] 1, 2 & 3 Consider the following: 1. Meter 2. Second 3. Kilogram Which among the above are expressed currently in terms of fundamental constants of nature, rather than a man-made object? A] 1&2 B] 2&3 C] 1, 2 & 3 D] 1&3 Consider the following: 1. Insurance 2. Mutual fund products 3. Pension products The Business Correspondents have been allowed to do which among the above sales? A] 1 & 2 only B] 2 & 3 only C] 1 & 3 only D] 1, 2 & 3 Consider the following statements in context with Endosulfan: 1. A ban on this pesticide has been negotiated under the Stockholm Convention in April 2011 2. Supreme Court has passed interim order and banned the production, distribution and use of endosulfan in India Which among the above statements is/ are correct? A] 1 Only B] 2 Only C] Both 1 & 2 D] Neither 1 nor 2 Consider the following: 1. Financial Transaction Plan 2. Technical Assistance Special Fund 3. Financial Stability Board Which among the above is/ are parts of International Monetary Fund? A] 1 B] 1&2 C] 1, 2, 3 Consider the following: 1. Shale Gas 2. Coal bed methane 3. Tight Sand stones 4. Methane Hydrates Choose the Unconventional sources of Natural Gas from the above: A] 1 B] 1&2 C] 1, 2 & 3

21.

22.

23.

24.

25.

D]

1, 3

26.

D]

1, 2, 3 & 4
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27.

Consider the following statements: 1. The Central Government fixes the wage rates in MGNREGA on the basis of the Minimum Wages Act, 1948 2. As per the provisions of the NREGA Act, the revisions of the Wage rates are to be done on periodical basis Which among the above statements is / are correct? A] Only 1 is correct B] Only 2 is correct C] Both 1 & 2 are correct D] Neither 1 nor 2 is correct Consider the following: 1. A common parliament 2. Central bank 3. Court of justice Which among the above is/ are features of the African Union? A] Only 1 B] 1&2 C] 1, 2 & 3

28.

D]

None of them

29.

Consider the following: 1. Constitution of India 2. An act by the parliament The problem of Bonded Labour has been addressed by which among the above? A] Only 1 B] Only 2 C] Both 1 & 2 D] Neither 1 nor 2 Consider the following: 1 Completely foolproof delivery of subsidy 2 Easy to deliver to the beneficiary 3 Maximization of the welfare of households Which among the above is/ are true about the Direct Cash Subsidy being planned in India in recent times? A] 1 Only B] 1 & 2 Only C] 2 & 3 Only D] 3 Only

30.

Answer Key 1. 6. 11. 16. 21. 26. [B] [B] [C] [B] [A] [D] 2. 7. 12. 17. 22. 27. [D] [B] [A] [C] [A] [D] 3. 8. 13. 18. 23. 28. [C] [C] [B] [D] [D] [C] 4. 9. 14. 19. 24. 29. [B] [B] [B] [D] [C] [C] 5. 10. 15. 20. 25. 30. [B] [A] [B] [C] [A] [D]

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