gk practise paper 23

1) Union Budget in India is generally presented on the last of …………… every year

a) February;
b) March;
c) April;
d) January

2) IPOs could be issued at a price
a) decided by the issuing company
b) determined by book building process
c) either a or b
d) all the above

3) Which of the two cities in India got international Airports recently?

a) Bangalore and Chennai
b) Bangalore and Hyderabad
c) Bangalore and New Delhi
d) Bangalore and Kolkatta

4) AMFI stands for

a) Association of Mutual Funds in India
b) Association of Master Financiers in India
c) Association of Monetary Funds in India
d) Association of Mortality Funds in India

5) Cabinet Minister for Human Resources Development is
a. Dr Manmohan Singh
b. Mr Arjun singh
c. Mr Prem Chand Gupta
d. Mr H P Bharadwaj





6. Planning commission in India is referred to as Extra constitutional body because

a) It is not passed through an Act of Parliament
b) It is not taken birth through constitutional Provisions
c) It was set up by a resolution passed by the Cabinet to be an advisory body
d) All the above

7. The Chairman of the Plonning Commission is
a) The President
b) vice President
c) Prime Minister
d) Ministry of Planning

8) CEO of PEPSICO
a) Kiran Bedi
b) Indra Noyi
c) Kiran Majumdar Shaw
d) Shoba De

9) Whose name was included in the Wall street Journal’s list of 50 women to Watch in 2005?
a) Indra Noyi
b) Kiran Bedi
c) Amibka Soni
d) Sonia Gandhi

10) In terms of Business and Management, BCG stands for
a) Boston Careers Group
b) Bombay Consulting Group
c) Bangalore Catering Group
d) Boston Consulting Group

11) Minister of Health and Family Welfare is
a) Dr Javali
b) Dr Savadi
c) Dr A Ramdoss (Dr Anbumain Ramdoss)
d) Mr H R Bharadwaj

12) NAV (in Mutual funds) refers to

a) Net Asset Valuation
b) Net Earnings Valuation
c) Net Exports Valuation
d) Net Asset value

13) If the dolar rate is changed from Rs37.50 to Rs36.50 there is an
a) Aappreciation of the rupee
b) Depreciation of the rupee
c) Neither a Nor b
d) None of the above





14) Call Option and Put Option are terms often used in
a) Money Market
b) Capital Market
c) Derivatives Market
d) Cash Market


15) In India, Reverse Mortgage is a facility offered by banks generally to
a) Senior Citizens;
b) Professionals in Real Estate Business
c) Young Adult Market
d) Children

16) In Quality Management “Black Belt” is associated with
a) karate
b) Boxing
c) Six Sigma
d) Total Quality Management

17) Which industry/organisation is the largest employer in the world (Maximum number of employees under a single management 14.50 lakh employees approx)?
e) Indian Airlines
f) British airways
g) Indian Railways
h) Transnational Railways

18) Which of the Indian Management (marketing) Guru is known as the Innovation Guru?

a) Narayana Murthy
b) C K Prahlad
c) Vijay Govindarajan
d) Pradip N Khandwalla


19) ESOP refers to
a) Employee Stock Option Scheme
b) Employees Sick Leave Option
c) Employee Social Operations Programme
d) Employees Several Options Payment

20. Bharti AXA is associated with
a) Financial Services
b) Life Insurance
c) General Insurance
d) None of the above






21. Consumers Protection Act was enacted in the year
a) 1976
b) 1996
c) 1986
d) 2006

22. Basel II Committee is relevant in the area of
a) Social Security
b) Insurance Development
c) Investment Management
d) Risk Management

23, Benchmarking refers to
a) accepting the industry best practices as a base for assessing own performance
b) accepting the industry average practices as a base for assessing own performance
c) accepting the industry lowest performance as a standard
d) None of the above

24. Dishonour of trader’s cheques for insufficiency of funds in the account is a
a) Civil Offence
b) Criminall offence
c) Both
d) None of the above

25 Ms Usha Thorat is
a) Deputy Governor of RBI
b) Executive director of RBI
c) Regional director of RBI
d) One and Only woman executive in RBI



Q No Ans Q No Ans Q No Ans
1 a 11 c 21 c
2 d 12 d 22 d
3 b 13 a 23 a
4 a 14 c 24 b
5 b 15 a 25 a
6 d 16 c
7 c 17 c
8 b 18 c
9 a 19 a
10 d 20 b