(Download) 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

16. Recently the and corrupt practices. As it did in 2009 to three Indian firms - Satyam Computer Service, wipro Technologies andMegasoftConsultants.The recent one is?
(a) Airtel
(b) Videocon
(c) Infosys
(d) TCS

17. Which of the statement is incorrect?
(a) Power generation capacity addition during the XI plan would be about 74000MW, almost close to the original target of 78,577MW.
(b) In itsmid-termreview, the planning commission had reduced power generation capacity addition target by over 20%to 62,374MWfor the current plan period fromthe original 78577MW.
(c) During theX plan 21080MWwas added against the target of 41000MW.
(d) “Bachat Lamp Yojna” under which incandescent bulbs are replaced by energy efficient CFLs bulbs in the country. This will result in a saving of 5000MW of Power.

18. TheClean Development Mechanism(CDM) is an internationl organisation for approval of Carbon Credit Projects under,
(a) Intergovernmental Panel on climate change.
(b) United Nation SecurityCouncil.
(c) European Union + US Panel.
(d) United Nations Frame Work Convention on climate change.

19. With the Supreme Court’s verdict the gas dispute between the Ambani brothers. The Dadri power project inUttar pradesh could have face an adverse impact.Thisis a 7800MWpower project. it belongs to?
(a) Government of India.
(b) Government of Uttar Pradesh.
(c) Anil Ambani’s Reliance Natural Resources Limited (RNRL)
(d) Mukesh Ambani’s Reliance Industry Limited (RIL).

20. Krishna-Godavari Basin (KG-D6) isa gas fieldfrom where, gaswould be supply toDadri power project inUttar Pradesh. This basin belongs to,World Bank has blacklisted one Indian Company for three years, for indulging in fraud
(a) Government of India.
(b) Government ofAndhra Pradesh.
(c) Anil Ambani’s Reliance Natural Resources Limited (RNRL).
(d) Mukehs Ambani’s Reliance Industry Limited (RIL).

21. Aimed at giving a boost to its holding of oil and gas assets abroad the oil and natural gas corporation VideshLimited (OVL), entered into an agreement with which LatinAmerican Country to develop a $20 billion oil project in that country?
(a) Venezuela
(b) Brazil
(c) Colombia
(d) Argentina

22. Bank of Rajasthan, one of the oldest private sector banksinthe country, announcedthat itwouldmerge with?
(a) ICICI
(b) SBI
(c) HDFC
(d) PunjabNational Bank

23. The largest private sector bank in India is?
(a) Punjab National Bank
(b) HDFC
(c) City Bank
(d) ICICI

24. Consider the following statement :
1. The Federation of India Export organisations (FIEO) said that IT and energy sector had the potential to take Indian exports to $1000 billion or 5% of the global trade by 2020.
2. By2020, the pharmaceuticalmarket is anticipated to more than double to $1.3 trillion, with theE7 - Brazil, China, India, Indonesia,Mexico, Russia and Turkey accounting for one-fifth of the global pharmaceutical sales.
Which of the above statement is incorrect?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

25. Recently the Central Government has granted “Maharatna” Status to four giant public sector undertaking. Which PSU is incorrect in this following option?
(a) NTPC
(b) ONGC
(c) IOC
(d) NPCIL

26. India’scomplaint against the unjust seiqure of cheap generic drug consignments meant for Latin America andAfrican nations has received a boost with the VHO terming such action “miscue of rules” against counterfeitmedicines. This complain is against.
(a) E.U.
(b) USA
(c) Russia
(d) Canada

27. Recently an expert panel on the infrastracture debt fund recommended that a debt fund of Rs 50,000 Crore be setup for financing infrastractureprojects and also asked the government to change rules to allowfunding by pension and insurance companies. This panel is headedby?
(a) RBIGovernor Subbaroa.
(b) HDFCChiefDeepak Parekh.
(c) C. Rangaranjan
(d) Montek Singh Ahluwalia

28. Recently which company has signed aMOU with the UIDAI to act as a registrar for the delivery of the unique 16-digit identify numbers to customers, making it the first institution other than state governments to sign upwith UIDAI.
(a) ICICI prudent life
(b) LIC
(c) Bila Sunlife
(d) BhartiaAXA

29. NBPPL is a company for carrying out engineering, procurement and construction (EPC) contracts for power projects as well as for manufacturing and suppling equipment in India and abroad tomeet the needs of power equipment in India and abroad to meet the needs of power equipment in the power sector expansion plan. ThisNBPPLis a 50:50 joint venture company between?
(a) NTPCand BHEL
(b) NPCIUand BHEL
(c) NTPCand NPCIL
(d) NPCIL and BDL

30. TheCentralGovernment ended a turfwar between the Insurance Regulatory and Development Authority (IRDA) and the securities andExchange Board of India (SEBI). Saying unit linked insurance products (ULIPs)will be regulated by?
(a) IRDA
(b) SEBI
(c) FinanceMinistry
(d) RBI

31. According to a report India is expected to reduce its poverty rate from 51% in 1990 to 24% in 2015, this report is based on people living on less than $ 1.25 a day. It is given by?
(a)U.N.
(b) ADB
(c)World Bank
(d)WHO

32. Which of the statement is incorrect? In the connection of recent war between IRDA and SEBI over ULIPs issue.
(a) ULIPs are a hybrid instrument that combines both insurance and investment. It account for more than 50% of the life insurance business and the money collected is invested in equities.
(b) SEBI sawULIPs as investment products and hence asserted its right to regulate those products.
(c) The IRDA treats ULIPs as insurance instruments.
(d) Due to this confusion goverment has announced ULIPs will be regulated byRBI.

33. India’s largest 200,000 kmfibre optic network is underwhich company?
(a) Reliance
(b) TATA
(c) Airtel
(d) BSNL

34. India has become 34th member country of the Financial Action Task Force (FATF), an inter governmental body responsible for setting global standards on anti-money laundering (AML) and combating financing of terrorims (CFT). This decisionwas taken during FATF’smeeting held in?
(a) New Delhi
(b) Amsterdam
(c) Washington
(d) Geneva

35.The Telecom Regulatory Authority of India (TRAI) recommended that the foreign investment limit for broadcast carring service may be raised towhat percent? as the existing limit for most of these services is 49%.
(a)54%
(b) 65%
(c)74%
(d) 75%

36.WO-5,WO-15,WO-16 and B-119/121 are related with?
(a) Anewdrugs developed by Indian Scientist for H1N1 virus.
(b) Anewdefence project under which various ICBMwill be develop.
(c) These are the cluster of new oil and gas fields.
(d) None of the above.

37. Cairn India’sMangla oilfied is in which state?
(a) Rajashtan
(b) Gujarat
(c) Andhra Pradesh
(d) TamilNadu

38. India’s largest cellular service company Bharti Airtel embraked on the largest ever telecom takeover by an Indian firm, when it completed a $10.7 billion transaction to buy?
(a) U.K. based Vodafone.
(b) Kuwait based Zain Telecom
(c) UK based 02 Telecom
(d) Japan based Dokomo.

39. Three Indian projects have been featured in Global consultancy firm KPMG’s infrastructure 100 global project report.Which one of the option is a wrong one?
(a) KG -D6
(b) 4000MWMundra Plant
(c) IndraGandhi InternationalAirport -Delhi.
(d) Chatrapati ShivajiAirport -Mumbai.

40.Which report had recently stated that India would emerge as the third largest recipient of foreign direct investment for the three year period ending 2012 ?
(a) United Nations conference on Trade and Development. (UNCTAD)
(b) World Trade Organisation (WTO)
(c) World Bank
(d) InternatinalMonetary Fund (IMF)

41. Consider the following statements :
1. Recently SEBI allowed exchanges to introduce currency options on the U.S. dollar pairing with the rupee, a development that provides another alternative to corporates for hedging against currencly fluctuations.
2. Currency option is a derivative instrument that gives the owner the right, but not the obligation, to exchange money denominated in one-currency into another currency at a pre-agreed exchange rate on a specified date.
Which of the above statement is/are incorrect?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

42.Which of the statement is incorrect?
(a) After acquiring the Reserve Bank of India’s Stake in State Bank of India. The government plans to pick up the Central Bank’s stake in the National Bank ofAgriculture and Rural Development (NABARAD) and housing finance regulator, National Housing Bank (NHB).
(b) NABARD was set up as an apex development bank with the mandate of facilitating credit flow for promotion and development of agriculture, small scale industires, cottage and village industries, handicrafts and other rural crafts.
(c) It was theNarasimhan Committed that recommended the transfer of RBI’s stake in SBI, NABARD and NHB to the government to differentiate the Central Bank’s role as the owner of banks and the sector regulator.
(d) None of the above.

43. Consider the following statements :
1. The government has proposed to raise Rs 21000 crore through the sale of 5% government equity in Oil and Natural Gas Corporation (ONGC) and 10% in Indian Oil Corporation (IOC) in the Current fiscal.
2. The government nowholds 69.14% in the the oil major ONGC.
Which of the above statement is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

44.Recently a panel has urged the centre to come upwith a credit Relief Plan especially for small and marginal farmers affected by natural calamities like drought or floods.This committeewas chairedby,
(a) SitaramYachuri
(d) BasudevAcharia
(c) Prakash Karat
(d) Somnath Chatterjee

45. Which country has recently surpassed Japan to become theworld’ssecondlargest economybehindU.S.A?
(a) Russia
(b) France
(c) India
(d) China

46. London - listedAnil Aggarwal - led mining group Vedanta Resources announced its decision to acquire a majority of upto 60% value of $9.6 billion to which company?
(a) Reliance Energy
(b) BHP Billiton
(c) Cairn Energy
(d) None of the above

47. The name of India’s newest stock exchange for currency derivaties is?
(a) USE
(b) BSE
(c) MCES
(d) MCCX

48.Recentlywhich Indiancompanygot a $2.1 billion steel andpower plant inBolivia?
(a) Tata Steel
(b) SAIL
(c) Jindal Steel
(d) None of the above

49. Direct TAx Code (DTC) will be implement in India from?
(a)April 1, 2011
(b)April 1, 2012
(c) March 1, 2011
(d) March 1, 2012

50. The H-1B Visas and L-1A and L-1B visas fees have been increased by USA.The amount increasedwas?
(a)H-1B– $ 2000, L-1A and L-1B– $ 2250.
(b)H-1B – $ 2250, L-1A andL-1B– $ 2000.
(c)H-1B– $ 2500, L-1Aand L-1B – $ 2500.
(d) None of the above

51. Recently, the U.S, Congress has enacted which supplemental appropriationAct, that hiked the visa fees for short-termIndian ITServices providers?
(a) Financial RegulationAct
(b) Financial EnctmentAct
(c) Financial SecurityAct
(d) Border SecurityAct

52. The new series ofWholesale Price Index (WPI) has added 241 new items in its existing 435 items the new series also change its base year from 1993-94 to?
(a) 2000-01
(b) 2001-02
(c) 2003-04
(d) 2004-05

53.Withwhich companyBSNLhasannounced astrategic tieup, for offering India’s first 3Gembedded Zipbook VX108 bundledwith BSNL3Gconnectivity nation wide?
(a) Olive Telecom
(b) Dokomo Telecom
(c) Express Telecom
(d) Star digital Telecom

54. Recently which two countries have signed anArctic border pact, that ending a 40 year dispute over an energy rich area in the Barents Sea?
(a) Russia and USA
(b) Russia and China
(c) Russia and Swden
(d) Russia and Norway

55.Which of the statement is incrrect ?
(a) The FC (R) Act, 1952, provides for the regulation of comodity futures markets and the establishment of the ForwardMarkets Commision (FMC).
(b) The recent Forward Contracts (Regulation) Amendment Bill 2010 and theMulti-StateCooperative Societies (Amendment) Bill 2010, seeks to improve the accountability of cooperatives.
(c) The proposed amendments will enable the FMC as a regulator to become an autonomous bodywith power to regulate the market on the lines of the securities and exchange board of India.
(d) At present FMC function under RBI.

56. The Group of Ministers, headed by Finance Minister PranabMukherjee, cleared the draftmining bill,which makes it mandatory forminers to share what percent of their profitswith the people affected by their projects.
(a) 20%
(b) 24%
(c) 26%
(d) 30%

57.Which company has recently announced that it has notified theNewYork StockExchange (NYSE) of itsintent to delist itsAmericanDepositary Receipts (ADRs)
(a) Mahindra Satyam
(b) Ranbaxy
(c) Videocon
(d) None of the above

58.Government of India’s “Swavalamban Scheme”was launched in associationwithwhich insurance company?
(a) LIC
(b) ICICI prudent life
(c) Birla Sunlife
(d) BhartiAXA

59. ONGC Videsh (OVL)wants to buy BP’s35% stake in the $1.3 billion Nam Con Son gas project in which country?
(a) Russia
(b) South Korea
(c) Japan
(d) Vietnam

60.A$1 - billion fund tofacilitate innovations for inclusive economic growthin Indiahasbeenproposed.TheNational InnovationCouncil is headed by?
(a) Montek SingAhluwalia
(b) C. Rangarajan
(c) Sam Pitroda
(d) A. P. J.Abdul Kalam

61.Which company has launched the Insta Computer and Insta office toprovide cloud-Computing Services to Indian business. This is a self - Service, Pay-as-you use It application anddataCentre infrastructure Services.
(a) Tata Communication
(b) Wipro
(c) Mahindra
(d) Satyam

62. The totalmember country of IMF is :
(a) 182 countries
(b) 185 Countries
(c) 187 Countries
(d) 190 Countries

63.Who is the presentManagingDirector of IMF?
(a) Robert B. Zoellick
(b) Dominique Strauss - Kahn
(c) Tony Blair
(d) pascal Lamy

64.What is “take out” financing?
(a) It is a procedure under which loans made by banks to government are sold to other institutions. So that the banks recover their much needed funds ahead of the payment schedule under the loan agreement.
(b) It is a procedure under which loans made by banks to infrastracture firms are sold to otehr institutions so that the banks recover theirmuch needed funds ahead of the payment schedule under the loan agreement.
(c) 1 only
(d) 2 only

65. The Financial Stability and Development Council (FSDC) is to be headedby?
(a) FinanceMinister
(b) CommerceMinister
(c) Vice-chairman of planning commission
(d) RBI Government

66. Bharat Diamond Bourse (BDB) the world’s largest diamond processing centre was inaugrated in?
(a) Pune
(b)Mumbai
(c) Gandhinagar
(d) Vapi

67. The Bilateral Investment promotion and protection Agreement (BIPA) seeks to promote and protect investments from one country to other country. Such agreement facilitate bilateral investment flows, and grant benefits of national treatment (NT) and most favoured Nation (MFN) status. India has recently signed this agreementwithwhich country?
(a) Pakistan
(b) South Africa
(c) Egypt
(d) Sudan

68.Amid growing criticims over the use of coerciveways of micro finance institutions (MFIs) to recover loans. The RBI has constituted a sub-panel to look into the functioning of such lenders.Who is the chairman of this committee.
(a) C. Vaidy
(b) K. S.Menon
(c) Y. H. Malegam
(d) K. Tulsi

69. The South pars gas field where theONGC -Hinduja Consortiumwill take participationfor a bid of $ 7.5billion gas project. This gas field is in?
(a) Saudi Arabia
(b) Iran
(c) Russia 
(d) Myanmar

70.Which of the statement is incorrect ?
(a) Nuclear Power Corporation of India Ltd. (NPCIL) now operates 19 nuclear electricity reactors in the country with an installed capacity of 4.560MW.
(b) The NPCIL’s installed capacitywill reach 9580MWe by2017, 20000MWe by2020 and 60000MWe by 2032.
(c) NPCIL is the only player operating nuclear power reactors in the country. Its chairman is S.K. Jain.
(d) U.S.A. is now constructing a 1000 MW unit at Kudankulamin TamilNadu.

71.Match the following :
List-I (Chairman)                            List-II (Company)
A. R. S. Butola                               1.NPCIL
B. S. K. Jain                                   2. PFC
C. SatnamSing                                3.ONGCVidesh Limited (OVL)
Codes :
A B C
(a) 1 2 3
(b) 2 3 1
(c) 3 1 2
(d) 2 1 3

72.What is Teaser rates?
(a) Arate in which Bank provide loan to other Bank.
(b) Apractice under which variousBank rate are calculated byGovernment.
(c) Under Treaser rate loans are offered at a comparatively lower rate of interest in the first few years’ after that rates are reset at higher levels.
(d) None of the above.

73. Recently the planning commission has announced to constitute an expert group, who looks after the power sector, on facilitation of public private partnership (PPP) in power distribution. The head of the expert group is?
(a) B. K. Chaturvedi
(b) C. Rangarajan
(c) C. K. Sharma
(d) K. M. Chandra Shekar

74.Which one of this is not an energy company?
(a) ExxonMobil
(b) BP
(c) Eni
(d) Pentsom

75.Which country is theAfrica’s largest crude oil and gas producing country?
(a) Nigeria
(b) Algeria
(c) Egypt
(d) SouthAfrica

76.Match the following :
List-I (Company)                                 List-II (Chief)
A. HDFC                                            1. Deepak Parekh
B. ICICI                                              2. Chada Kochhar
C. SBI                                                 3. O. P. Bhatt
Codes :
A B C
(a) 2 1 3
(b) 3 2 1
(c) 1 2 3
(d) 2 3 1

77. Consider the following statements :
1. Azure power (US) and the Gujrat Energy DevelopmentAgency (India) signed a deal for a 15 MWSolar Power plant in Gujarat.
2. ICe Solar (US) and Race Power (India) have signed an MOUto setting up a solar photovoltaic project in Rajasthan.
Which of the above statement is correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) None of the above

78.Which country has announced that it has struck huge reserves of natural gas in the Cambay Basin in Gujrat?
(a) Oilex ofAustralia
(b) Reliance Industry India
(c) Canada’s Niko Resources
(d) Cairn India.

79. Simahddri Super Thermal Power Project is in?
(a) TamilNadu
(b) Andhra Pradesh
(c) Karnataka
(d) Maharastra

80. NESTEA, a ready to drink ice teabrandwaslaunched by?
(a) Pepsi
(b) Dabur
(c) Coca-cola
(d) Thums up

81. Consider the following statements :
1. NTPC was making efforts to icrease its capacity to 75000MWby 2017 and 1.28 lakhMWby 2032.
2. The present installed capacity of NTPC is 32, 694 MWthrough 15 coal, 7 gas and 5 joint venture power stations.
Which of the above statement is/are incorrect?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

82. Centre set up panel on financing country’s infrastracture. India needed $ 1 trillion for this. This pannel is headed by,
(a) PranabMukherjee
(b) Tsering Pentsom
(c) Rakesh Mohan
(d) Mr. Subba Rao

83. Consider the following statements :
1. India is aiming to double its investment in infrastracuture to about $1 trillion during the XIIth plan (2007-12) from an estimated $ 500 billion in the curretn plan.
2. The panel on financing infrastracture would suggest steps for improving capital markets for garnering long-term saving and faciliting foreign investment flow.
Which of te above statement is/are incorrect?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) None of the above

84. The book - “Global Crisis, Recession and Uneven Recovery”. Iswrittenby?
(a) Y. V. Reddy
(b) D. Subba Rao
(c) Montex sing
(d) P.Chidambaram

85. Recentlywhich state has hosted global meet on public sector?
(a) Haryana
(b) Kerala
(c) Maharastra
(d) Andhra Pradesh

86. Recentlywhich committee’s recommendationsmake it difficult for corporate entities to set up stock exchanges. This committeewas set up SEBI.
(a) Subba RaoCommittee
(b) Tsering Pentsom Committee
(c) Y. V. ReddyCommittee
(d) Bimal Jalan Committee

87. Recently India’s largest power generation company NTPChas inked a pactwithwhich International Bank to develop 500MWof renewable energy project.
(a) IRDB
(b) ADB
(c) WB
(d) American Bank

88. The National Mission for Enhanced Energy Efficiency’s (NMEEE)mission is to devise efficient and lost-effective strategies through demand side management, initiatives andmarket transformation.This mission is a part of?
(a) Nehru National SolarMission
(b) NationalAction Plan on Climate change
(c) National Mission of Power Project
(d) National Energy EnhancedMission.

89. I.T department introduces new number for tax payers. This number is?
(a) Document Identification Number (DIN)
(b) Personal Verification Number (PVN)
(c) Tax returning Number (TRN)
(d) Tax verification Number (TVN)

90. The price and movement of which fertilizer is still controlled by the government?
(a) Potass
(b) Phosphet
(c) Urea
(d) None of the above

91. WhichCountry has pumped themaximumforeign capital into the IndianEconomy during the year 2010.
(a) Singapore
(b) Japan
(c) U.S.
(d) Maurtius

92. The Sector that attracted the maximum foreign inflows during the year 2010 is?
(a) Services (financial and non financial)
(b) Computer Software and hardware
(c) Telecommunications
(d) Real State

93. According to the report ofCAG of India on the 2G spectrumallocation indicate aboutwhich company that benefited themost fromthe allocation?
(a) Tata Group
(b) Swan Telecom
(c) AnilAmbani Group
(d) None of the above

94.The three-day IndiaEconomic summit, Organised by theGeneva-basedWorldEconomicForum(WEF)washeld in?
(a) NewDelhi
(b) Mumbai
(c) Kolkata
(d) Bangaluru

95. Consider the following statement?
1. India does not have technology to exploit shale gas, an unconventional gas trapped in sedimentary rocks.
2. U.S is a pioneer in the field of exploitation of shale gas for this reason India signed an agreement with U.S. for Cooperation in shale gas technology.
Which of the above statements is/are right?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

96. Recently India with which country has actively considering for setting up of a $ 10 billion infrastracture debt fund under the Public-private partnership (PPP) model. It could help India get resources to finance its $ 514 billion infrastructure investment plans.
(a) U.S.A
(b) Singapore
(c) U.K.
(d) Japan

97. Whichis the firstprivate sector operator that launch the 3G Services in the country
(a) Airtel
(b) Tata Docomo
(c) Idea
(d) Reliance

98. The 8th India-Asean Summitwas held in?
(a) New Delhi
(b) Singapore
(c) Jakarta
(d) Hanoi

99. India’s biotechnologymajor Biocon announced an investment of $ 161 billionmarking the biggest foreign direct investment in this sector in the country. This investment is in which coutnry?
(a) U.S.A
(b) Malaysia
(c) China
(d) Thailand

100. Which Bank has recently announced that it will finance themicro, small anmediumEnterprises(MSMEs) with small industries development bank of India?
(a) IDBI
(b) HDFC
(c) ICICI
(d) SBI