
Current Affairs Part- I
Economic & Energy Solved Paper
1. Which of the statement is incorrect ?
(a) India has set up Sovereign Fund that would help its
state-run Companies to Pursue acquisition of oil,
gas, coal, LNG and other raw material in other
countries in order to compete with China.
(b) Oil and natural gas corporationVidesh Limited (OVL)
had been told to pursue at least one major oil and
gas asset every year.
(c) OVL last year bought Imperial Energy Plc for $2.1
billion is India’s biggest energy acquisition.
(d) India’s Soverign Fund is constituted with the help
of Russia. As Russia has enough experience in this
regard.
2. Consider the following statements.
1. Karaikal Port is a deep-water private port at karaikal
district of Puducherry.
2. India Infrastructure Fund (IIF) Which will be
investing in this project. Is a fund managed by IDFC
Project equityCompanyLimited.
Which of the above statements is\ are correct ?
(a) 1 Only
(b) 2 Only
(c) Both 1 and 2
(d) Neither 1 Nor 2.
3. Recently which IndianCompany has earning its
green revenue with issuance of first set ofCertified
EmissionReduction (CER) fromits first rigstered
CDM(cleanDevelopment Mechanism) Project. ?
(a) ONGC
(b) NPCIL
(c) NTPC
(d) SAIL
4. Rosneft,Gazprom, and Sistema, with these oil and
gasCompanies, India’s companyOVL has decided
tojoinhandtojointlybid forthe sakhalin- IIIProject
in far east Russia, and gas fields in East Siberia
and yamal Peninsula.TheseCompaniesbelongs to :
(a) Germany
(b) Russia
(c) China
(d) Kazakhstan.
5. Whichwas the first state- owned company that hit
the capital market tomop up about Rs16000 crore
by selling its equity and issuing fresh shares to the
public, as part of government’s ambitious
disinvestment programme to raise the targeted
Rs40,000 crore.
(a) ONGC
(b) NTPC
(c) SAIL
(d) NPCIL.
6. WhichCountry has hostedthe communicAsia 2010,
themost established infomation, Communication
and technology (ICT) event inAsia.
(a) China
(b) India
(c) Sri Lanka
(d) Singapore
7. If a company getMaharatna status, then it could
enhanced Its investment capacity upto -
(a) Rs. 1000 crore
(b) Rs. 2500 Crore
(c) Rs. 5000 Crore
(d) Rs. 7500 Crore
8. Consider the following Statements :
1. NTPC has examined the feasibility of setting up a
coal based power plant in Bangladesh.
2. At present Bangladesh has a power generation
capcity of 5000MW. of which 83% is gas - based.
Which of the above statements is/are incorrect ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
9. Consider the following statements :
1. Bank of America - Merill Lynch, Royal Bank of
Scotland and Bank ofCanada are the three merchant
banks Selected for helping the Public Sector Coal
India Ltd. (CIL) to seal Strategic Partuership deals
with coal companies in three Countries -Australia,
Indonesia and U.S.
2. Coal India Ltd. (CIL) is the world’s Single largest
coal Company.
Which of the above statements is/are correct ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
10. NTPChassetting upoftwocoal-based thermal power
plants inwhich centralAsianCountry?
(a) Kazakhstan
(b) Turkmenistan
(c) Uzbekistan
(d) Kyrgyzstan.
11. The planning Commission announced for setting
upof an 18member expert committee torecommend
measures for efficient management of public
expenditure.This Committte isheaded by -
(a) Montek singAhluwalia.
(b) N.C. Vaidy.
(c) Deepak Parekh.
(d) C. Rangarajan.
12. Which of the statement is incorrect ?
(a) Nuclear power corporation of India Limited (NPCIL)
and NTPC entered into a joint venture agreement to
setup nuclear power project.
(b) S.K. Jain is theChairman ofNTPCandR.S. sharma is
theChaiman andManaging director of NPCIL.
(c) NTPC is the largest power generation companywith
an installed capacity of 31, 704MW.
(d) NTPC,s. Total coal requirement for the year 2011 is
about 145-150 million tonnes, ofwhich the company
is planning to import 14 million tonnes.
13. Which of these two banks are not Indian banks.As
central government maintained that at least74%
equity of these banks are from ontside. So by
defination they are not Indian bank.
(a) ICICI andHDFC.
(b) HDFC and Standard charter.
(c) ICICI and standard charter.
(d) StandardCharter and CityBank.
14. Match the following
List I (Chairman) List - II (Company)
A.R.S. Sharm 1.NT PC.
B. B.P. Rao 2.BHEL.
C. C. P. Singh 3.NBPPL.
A B C
(a) 1 2 3
(b) 3 2 1
(c) 2 1 3
15.Match the following
List-I (Power Plant) List-II (Location)
A. Namrup gas project 1.Assam
B. Palatana gas project 2. Tripura
C. Singruli thermal 3. Madhya Pradesh
project
A B C
(a) 1 2 3
(b) 3 2 1
(c) 2 1 3
(d) 3 1 2