Economic and Banking Questions and Answers

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Q1
Competition (Amendment) Bill, 2007 has replaced-
  • A VAT
  • B MRTPC
  • C Securities Contracts (Regulation) Bill, 2005
  • D Electricity Act, 2003
Answer: Option B
Q2
A bill has been introduced in the Parliament to raise SBI authorised capital from Rs. 20 crore to-
  • A Rs. 50 crore
  • B Rs. 1000 crore
  • C Rs. 2000 crore
  • D Rs. 5000 crore
Answer: Option D
Q3
The total Foreign Direct Investment (FDI) during 2008-09 has been targeted at-
  • A $ 25 billion
  • B $ 35 billion
  • C $ 45 billion
  • D $ 50 billion
Answer: Option B
Q4
National Electricity Policy envisages elimination of power shortage by 2012 through addition of …… during 10th and 11th plan periods.
  • A 50000 MW
  • B 75000 MW
  • C 100000 MW
  • D 125000 MW
Answer: Option C
Q5
‘Priyadarshini Project’ is related to-
  • A Empowerment of Rural women
  • B Survival of Girl Child
  • C Free Education to all girls
  • D None of the above
Answer: Option A
Q6
‘Pratibha Kiran Yojana’ is a new scheme to promote higher education among girls introduced by-
  • A Karnataka
  • B Bihar
  • C Madhya Pradesh
  • D Uttar Pradesh
Answer: Option C
Q7
To which service, the government has notified Service Tax Refund Scheme for exporter ?
  • A Port services
  • B Railway service
  • C Road service
  • D All of these
Answer: Option D
Q8
‘Laadli Laxmi Yojana’ has been launched by………government for supporting girls of all religion and caste upto their marriage.
  • A Rajasthan
  • B Madhya Pradesh
  • C Uttar Pradesh
  • D Gujarat
Answer: Option B
Q9
The Contract of Expressway Project in Uttar Pradesh has been awarded to-
  • A JP Associates
  • B JM Infra
  • C Jointly to (A) and (B)
  • D None of the above
Answer: Option A
Q10
13th ASEAN Summit was held between November 18 to 22, 2007 in-
  • A Thailand
  • B Malaysia
  • C Singapore
  • D Philippines
Answer: Option C

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