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Quiz 8- General Awareness & Economic Issues



1. The Indo-foreign relations are given. Pick the wrong option?

1) From 1 July 2011 India and Malaysia agreement Comprehensive Economic Cooperation Agreement
2) India and Russia declared their intention to come up with Comprehensive Economic Cooperation Agreement (CECA)
3) On 24 June 2011, India and Singapore agreed to amend their Double Taxes Avoidance Agreement ( DTAA)
4) US-India Economic and Financial Partnership agreement made on June 27 to June 29 2011
5) India and Rosatom Nuclear Agency of Japan set up Global Center for Nuclear
Energy Partnership in Haryana





2. International Jurist Award conferred on............?

1) Bhagavathi 
2) Ram Jethmilani
3) Nagendra Singh 
4) Vijay Darda
5) Kapadia





3. WTO head quarters is in ............?

1) India 
2) USA
3) Switzerland 
4) Japan 
5) UK





4. .............chief minister Mamata Benarjee announces 'Student Brigade' to work in rural areas?

1) Karnataka 
2) Andhra Pradesh
3) West Bengal 
4) Assom
5) Arunachal Pradesh





5. On 29 August 2011, RBI revealed its draft guide lines for licensing of new banks in the private sector. It insisted that the new private banks need Rs ............crores capital to initiate a bank.

1) 100 
2) 200 
3) 300 
4) 400 
5) 500





6. Reserve Bank of India's financial year is from ............

1) April to March 
2) January to December
3) July to June 
4) October to September
5) None





7. The Reserve Bank of India's annual income rose ............percent in 2010-2011 to Rs. 37,070 crores

1) 31 
2) 42 
3) 15 
4) 16 
5) 13





8. Banks usually give Educational Loans up to 7 years now. As per the Indian Banks' Association view, this period may be extended up to ...........years very soon?

1)10 
2)15 
3) 16 
4) 20 
5) 25





9. Financial Stability Development Council (FSDC) sub-committee headed by?

1) RBI Governor 
2) Finance Minister
3) SEBI chief 
4) IRDA Chairman
5) Finance Secretary





10. Damodaran Committee on Customer service recommended that the deposit insurance cover on the deposit amounts must be raised from Rs. 1 Lakh to Rs. ............lakh?

1) 2 
2) 8 
3) 6 
4) 5 
5) 10





11. Expand SARFAESI?

1) Securitisation and Realisation of Financial Assets and Enforcement of Security Interest
2) Suitable and Reconstruction of Financial Assets and Enforcement of Security Interest
3) Stock and Reconstruction of Financial Areas and Enforcement of Security Interest
4) Securitisation and Reconstruction of Financial Assets and Equipment of Security Interest
5) Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest.




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