The quarterly meeting of the Central Coordination-cum¬-Empowered Committee (CEC) on monitoring and minimizing delays in grant of approvals for mineral concessions was held under the chairmanship of Shri S. Vijay Kumar, Secretary, Ministry of Mines.
The Committee reviewed the position regarding various important aspects of the mineral concession regime in the country, and took decisions aimed at bringing about more efficiency and transparency in the system. Some of the important issues that came up for discussions and review in the meeting were: action taken to curb illegal mining including use of satellite imagery; improving monitoring of the mineral system through a State Empowered Committee and District level Task Forces; plugging loopholes in the royalty collection system; strengthening governance by gearing up the State Mining Directorates; expediting approval including forest clearance cases to clear long pending mineral concession applications.
Major decisions taken included:
(i) Action Plan to be prepared to increase capacity of State Mining Directorates.
(ii) End-to-end accounting system for mineral transaction to prevent and detect illegal mining through an All Indian Online System.
(iii) Ensuring proper exploration in leasehold areas in a time-bound way to enable execution of Mining Plans in a scientific manner.
Presentations were also made by (i) M/s Ernest & Young on Mining Tenement System; (ii) by M/s E-Connect Solution Pvt. Ltd., Udaipur, on the Online Management System developed by them for the Government of Rajasthan; and (iii) by the Ministry of Environment and Forests on their new software on forest clearance that is proposed to be launched shortly.
Representatives of various Central Ministries/Departments concerned with the subject, viz. Environment and Forests, Defence, Civil Aviation, Steel, Revenue, Railways, Shipping and Fertilizer attended the meeting. The Governments of all mineral-rich States, viz. Andhra Pradesh, Chhattisgarh, Goa, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Orissa, Rajasthan and Tamil Nadu also participated in the meeting.
Friday, September 23, 2011
Wednesday, September 21, 2011
New BPL norms
The Planning Commission told the Supreme Court on September 20 that anyone spending more than Rs 965 per month in urban India and Rs 781 in rural India will be deemed not to be poor. Updating the poverty line cut-off figures, the commission said those spending in excess of Rs 32 a day in urban areas or Rs 26 a day in villages will no longer be eligible to draw benefits of central and state government welfare schemes meant for those living below the poverty line.
According to the new criterion suggested by the planners, if a family of four in Mumbai, Delhi, Bangalore or Chennai is spending anything more than Rs 3,860 per month on its members, it would not be considered poor. It's a definition that many would find ridiculously unrealistic.
Not surprisingly, the new above the poverty line definition has already created outrage among activists, who feel it is just a ploy to artificially depress the number of poor in India. The plan panel said these were provisional figures based on the Tendulkar committee report updated for current prices by taking account of the Consumer Price Index for industrial and agricultural workers.
TOI broke down the overall monthly figure for urban areas and used the CPI for industrial workers along with the Tendulkar report figures to see what these numbers translate into and how much the Planning Commission believes is enough to spend on essential items so as not to be deemed poor.
The Planning Commission suggests that spending Rs 5.5 on cereals per day is good enough to keep people healthy. Similarly, a daily spend of Rs 1.02 on pulses, Rs 2.33 on milk and Rs 1.55 on edible oil should be enough to provide adequate nutrition and keep people above the poverty line without the need of subsidized rations from the government. It further suggests that just Rs 1.95 on vegetables a day would be adequate. A bit more, and one might end up outside the social security net.
People should be spending less than 44 paise on fruits, 70 paise on sugar, 78 paise on salt and spices and another Rs 1.51 on other foods per day to qualify for the BPL list and for subsidy under various government schemes. A person using more than Rs 3.75 per day on fuel to run the kitchen is doing well as per these figures. Forget about the fuel price hike and sky-rocketing rents, if anyone living in the city is spending over Rs 49.10 a month on rent and conveyance, he or she could miss out on the BPL tag.
As for healthcare, according to the Planning Commission, Rs 39.70 per month is sufficient to stay healthy. On education, the plan panel feels those spending 99 paise a day or Rs 29.60 a month in cities are doing well enough not to need any help. Similarly, one could be considered not poor if he or she spends more than Rs 61.30 a month on clothing, Rs 9.6 on footwear and another Rs 28.80 on other personal items.
The monthly cut-off given by the Planning Commission before the apex court was broken down using the Consumer Price Index of Industrial Workers for 2010-11 and the breakdown given in Annexure E of the Tendulkar report of expenditure calculated at 2004-05 prices.
According to the new criterion suggested by the planners, if a family of four in Mumbai, Delhi, Bangalore or Chennai is spending anything more than Rs 3,860 per month on its members, it would not be considered poor. It's a definition that many would find ridiculously unrealistic.
Not surprisingly, the new above the poverty line definition has already created outrage among activists, who feel it is just a ploy to artificially depress the number of poor in India. The plan panel said these were provisional figures based on the Tendulkar committee report updated for current prices by taking account of the Consumer Price Index for industrial and agricultural workers.
TOI broke down the overall monthly figure for urban areas and used the CPI for industrial workers along with the Tendulkar report figures to see what these numbers translate into and how much the Planning Commission believes is enough to spend on essential items so as not to be deemed poor.
The Planning Commission suggests that spending Rs 5.5 on cereals per day is good enough to keep people healthy. Similarly, a daily spend of Rs 1.02 on pulses, Rs 2.33 on milk and Rs 1.55 on edible oil should be enough to provide adequate nutrition and keep people above the poverty line without the need of subsidized rations from the government. It further suggests that just Rs 1.95 on vegetables a day would be adequate. A bit more, and one might end up outside the social security net.
People should be spending less than 44 paise on fruits, 70 paise on sugar, 78 paise on salt and spices and another Rs 1.51 on other foods per day to qualify for the BPL list and for subsidy under various government schemes. A person using more than Rs 3.75 per day on fuel to run the kitchen is doing well as per these figures. Forget about the fuel price hike and sky-rocketing rents, if anyone living in the city is spending over Rs 49.10 a month on rent and conveyance, he or she could miss out on the BPL tag.
As for healthcare, according to the Planning Commission, Rs 39.70 per month is sufficient to stay healthy. On education, the plan panel feels those spending 99 paise a day or Rs 29.60 a month in cities are doing well enough not to need any help. Similarly, one could be considered not poor if he or she spends more than Rs 61.30 a month on clothing, Rs 9.6 on footwear and another Rs 28.80 on other personal items.
The monthly cut-off given by the Planning Commission before the apex court was broken down using the Consumer Price Index of Industrial Workers for 2010-11 and the breakdown given in Annexure E of the Tendulkar report of expenditure calculated at 2004-05 prices.
New BPL norms: Rs 39 enough for medical expenditure
Updating the poverty line cutoff figures, the Planning Commission said that those spending in excess of Rs 32 a day in urban areas or Rs 26 a day in villages would no longer be eligible to draw benefits for those living below the poverty line.
TOI broke down the overall monthly figure for urban areas and used the CPI for industrial workers along with the Tendulkar committie report figures to see what these numbers translate into and how much the Planning Commission believes is enough to spend on essential items so as not to be deemed poor. The Planning Commission suggests that spending Rs 5.5 on cereals per day is good enough to keep people healthy.
Similarly a daily spend of Rs 1.02 on pulses, Rs 2.33 on milk and Rs 1.55 on edible oil should be enough to provide adequate nutrition and keep people above the poverty line without the need of subsidized rations from the government.
It further suggests just Rs 1.95 on vegetables a day would be adequate. A bit more and one might end up outside the social security net. People should be spending less than 44 paisa on fruits, 70 paisa on sugar, 78 paisa on salt and spices and another Rs 1.51 on other foods per day to qualify for the BPL list and qualify for subsidy under various government schemes.
A person using more than Rs 3.75 per day on fuel to run the kitchen is doing well as per these figures. Forget about the price hike of fuel or sky-rocketing rents in the city. If anyone living in the city is spending over Rs 49.10 a month on rent and conveyance, he or she could miss out on the BPL category.
As for healthcare, Rs 39.70 per month is felt to be sufficient to stay healthy, believes the Planning Commission . On education, the plan panel feels those spending 99 paisa a day or Rs 29.60 a month in cities are doing well enough not to need any help.
Similarly, one could be considered to not be poor if he or she spends more than Rs 61.30 a month on clothing, Rs 9.6 on footwear and Rs 28.80 on other personal items. The monthly cut-off given by the Planning Commission before the apex court was broken down using the Consumer Price Index of Industrial Workers for 2010-11 and the break down given in Annexure E of the Tendulkar Report of expenditure calculated at 2004-05 prices.
The new tentative BPL criteria was worked out by the Planning Commission and approved by the Prime Minister's office before the government's affidavit was submitted before the Supreme Court. The plan panel said the final poverty line criteria would be available after the completion of the NSSO survey of 2011-12.
TOI broke down the overall monthly figure for urban areas and used the CPI for industrial workers along with the Tendulkar committie report figures to see what these numbers translate into and how much the Planning Commission believes is enough to spend on essential items so as not to be deemed poor. The Planning Commission suggests that spending Rs 5.5 on cereals per day is good enough to keep people healthy.
Similarly a daily spend of Rs 1.02 on pulses, Rs 2.33 on milk and Rs 1.55 on edible oil should be enough to provide adequate nutrition and keep people above the poverty line without the need of subsidized rations from the government.
It further suggests just Rs 1.95 on vegetables a day would be adequate. A bit more and one might end up outside the social security net. People should be spending less than 44 paisa on fruits, 70 paisa on sugar, 78 paisa on salt and spices and another Rs 1.51 on other foods per day to qualify for the BPL list and qualify for subsidy under various government schemes.
A person using more than Rs 3.75 per day on fuel to run the kitchen is doing well as per these figures. Forget about the price hike of fuel or sky-rocketing rents in the city. If anyone living in the city is spending over Rs 49.10 a month on rent and conveyance, he or she could miss out on the BPL category.
As for healthcare, Rs 39.70 per month is felt to be sufficient to stay healthy, believes the Planning Commission . On education, the plan panel feels those spending 99 paisa a day or Rs 29.60 a month in cities are doing well enough not to need any help.
Similarly, one could be considered to not be poor if he or she spends more than Rs 61.30 a month on clothing, Rs 9.6 on footwear and Rs 28.80 on other personal items. The monthly cut-off given by the Planning Commission before the apex court was broken down using the Consumer Price Index of Industrial Workers for 2010-11 and the break down given in Annexure E of the Tendulkar Report of expenditure calculated at 2004-05 prices.
The new tentative BPL criteria was worked out by the Planning Commission and approved by the Prime Minister's office before the government's affidavit was submitted before the Supreme Court. The plan panel said the final poverty line criteria would be available after the completion of the NSSO survey of 2011-12.
Plans and Schemes
Bharat Nirman
For the year 2011-12, Bharat Nirman, which includes Pradhan Mantri Gram Sadak Yojna (PMGSY), Accelerated Irrigation Benefit Programme, Rajiv Gandhi Grameen Vidyutikaran Yojna, Indira Awas Yojna, National Rural Drinking Water Programme and Rural telephony have together been allocated 58000 crore. This is an increase of 10000 crore from the current year. A Plan was also announced to provide Rural Broadband Connectivity to all 250000 Panchayats in the country in three years.
Sarva Siksha Abhiyan
The existing operational norms of Sarva Shiksha Abhiyan have been revised to implement the right of children to free and compulsory education which has come into force with effect from 1 April 2010. For the year 2011-12, 21000 crore will be allocated which is 40 per cent higher than 15000 crore allocated in the Budget for 2010-11. A revised Centrally Sponsored Scheme Vocationalisation of Secondary Education will be implemented from 2011-12 to improve the employability of our youth.
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
In pursuance of last year’s budget announcement to provide a real wage of 100 rupees per day, the Government has decided to index the wage rates notified under the MGNREGA to the Consumer Price Index for Agricultural Labour. The enhanced wage rates have been notified by the Ministry of Rural Development on 14 January 2011.
From 1 April 2011 remuneration of Anganwadi workers increased from 1500 rupees per month to 3000 rupees per month and for Anganwadi helpers from 750 rupees per month to 1500 rupees per month.
Rashtriya Swasthya Bima Yojna
The Rashtriya Swasthya Bima Yojana (RSBY) has emerged as an effective instrument for providing a basic health cover to poor and marginal workers. It is now extended to MGNREGA beneficiaries, beedi workers and others. In 2011-12, it was proposed to further extend RSBY to cover unorganised sector workers in hazardous mining and associated industries like slate and slate pencil, dolomite, mica and asbestos etc.
Rashtriya Krishi Vikas Yojana
The total allocation of Rashtriya Krishi Vikas Yojana (RKVY) is increased from 6755 crore in 2010-11 to 7860 crore in 2011-12.
Integrated Child Development Services Scheme
The Anganwadi workers and Anganwadi helpers are the backbone of Integrated Child Development Services Scheme. An increase in the remuneration of Anganwadi workers from 1500 rupees per month to 3000 rupees per month and for Anganwadi helpers from 750 rupees per month to 1500 rupees per month was announced. This will be effective from April 1, 2011. Around 22 lakh Anganwadi workers and helpers will benefit from the increase.
Swavalamban
A subscriber under Swavalamban will be allowed exit at the age of 50 years instead of 60 years, or a minimum tenure of 20 years, whichever is later. Union Finance Minstry proposed to extend the benefit of Government contribution from three to five years for all subscribers of Swavalamban who enroll during 2010-11 and 2011-12. An estimated 20 lakh beneficiaries will join the scheme by March 2012.Swavalamban was launched in the Budget 2010-11.
Indira Gandhi National Old Age Pension Scheme
Under Indira Gandhi National Old Age Pension Scheme for BPL beneficiaries, the eligibility for pension is proposed to be reduced from 65 years at present to 60 years. Further, for those who are 80 years and above, the pension amount is being raised from 200 rupees at present to 500 rupees per month.
Rajiv Awas Yojana
To enhance credit worthiness of economically weaker sections and LIG households, a Mortgage Risk Guarantee Fund was announced to be created under Rajiv Awas Yojana.
Scheduled Castes and Tribal Sub-plan
In the Budget for 2011-12, for the first time, specific allocations are being earmarked towards Scheduled Castes Sub-plan and Tribal Sub-plan. These will be shown in the Budget of the relevant Ministries and Departments under separate minor heads of account. Further, the Budget allocation for primitive tribal groups was increased from 185 crore in 2010-11 to 244 crore in 2011-12.
National Mission for Hybrid and Electric Vehicles
The Indian automobile market is the second fastest growing in the world and it has shown nearly 30 per cent growth in 2010-11. World over, substantial investments are being made in the field of hybrid and electric mobility. To provide green and clean transportation for the masses, National Mission for Hybrid and Electric Vehicles will be launched in the year 2011 in collaboration with all stakeholders.
For the year 2011-12, Bharat Nirman, which includes Pradhan Mantri Gram Sadak Yojna (PMGSY), Accelerated Irrigation Benefit Programme, Rajiv Gandhi Grameen Vidyutikaran Yojna, Indira Awas Yojna, National Rural Drinking Water Programme and Rural telephony have together been allocated 58000 crore. This is an increase of 10000 crore from the current year. A Plan was also announced to provide Rural Broadband Connectivity to all 250000 Panchayats in the country in three years.
Sarva Siksha Abhiyan
The existing operational norms of Sarva Shiksha Abhiyan have been revised to implement the right of children to free and compulsory education which has come into force with effect from 1 April 2010. For the year 2011-12, 21000 crore will be allocated which is 40 per cent higher than 15000 crore allocated in the Budget for 2010-11. A revised Centrally Sponsored Scheme Vocationalisation of Secondary Education will be implemented from 2011-12 to improve the employability of our youth.
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
In pursuance of last year’s budget announcement to provide a real wage of 100 rupees per day, the Government has decided to index the wage rates notified under the MGNREGA to the Consumer Price Index for Agricultural Labour. The enhanced wage rates have been notified by the Ministry of Rural Development on 14 January 2011.
From 1 April 2011 remuneration of Anganwadi workers increased from 1500 rupees per month to 3000 rupees per month and for Anganwadi helpers from 750 rupees per month to 1500 rupees per month.
Rashtriya Swasthya Bima Yojna
The Rashtriya Swasthya Bima Yojana (RSBY) has emerged as an effective instrument for providing a basic health cover to poor and marginal workers. It is now extended to MGNREGA beneficiaries, beedi workers and others. In 2011-12, it was proposed to further extend RSBY to cover unorganised sector workers in hazardous mining and associated industries like slate and slate pencil, dolomite, mica and asbestos etc.
Rashtriya Krishi Vikas Yojana
The total allocation of Rashtriya Krishi Vikas Yojana (RKVY) is increased from 6755 crore in 2010-11 to 7860 crore in 2011-12.
Integrated Child Development Services Scheme
The Anganwadi workers and Anganwadi helpers are the backbone of Integrated Child Development Services Scheme. An increase in the remuneration of Anganwadi workers from 1500 rupees per month to 3000 rupees per month and for Anganwadi helpers from 750 rupees per month to 1500 rupees per month was announced. This will be effective from April 1, 2011. Around 22 lakh Anganwadi workers and helpers will benefit from the increase.
Swavalamban
A subscriber under Swavalamban will be allowed exit at the age of 50 years instead of 60 years, or a minimum tenure of 20 years, whichever is later. Union Finance Minstry proposed to extend the benefit of Government contribution from three to five years for all subscribers of Swavalamban who enroll during 2010-11 and 2011-12. An estimated 20 lakh beneficiaries will join the scheme by March 2012.Swavalamban was launched in the Budget 2010-11.
Indira Gandhi National Old Age Pension Scheme
Under Indira Gandhi National Old Age Pension Scheme for BPL beneficiaries, the eligibility for pension is proposed to be reduced from 65 years at present to 60 years. Further, for those who are 80 years and above, the pension amount is being raised from 200 rupees at present to 500 rupees per month.
Rajiv Awas Yojana
To enhance credit worthiness of economically weaker sections and LIG households, a Mortgage Risk Guarantee Fund was announced to be created under Rajiv Awas Yojana.
Scheduled Castes and Tribal Sub-plan
In the Budget for 2011-12, for the first time, specific allocations are being earmarked towards Scheduled Castes Sub-plan and Tribal Sub-plan. These will be shown in the Budget of the relevant Ministries and Departments under separate minor heads of account. Further, the Budget allocation for primitive tribal groups was increased from 185 crore in 2010-11 to 244 crore in 2011-12.
National Mission for Hybrid and Electric Vehicles
The Indian automobile market is the second fastest growing in the world and it has shown nearly 30 per cent growth in 2010-11. World over, substantial investments are being made in the field of hybrid and electric mobility. To provide green and clean transportation for the masses, National Mission for Hybrid and Electric Vehicles will be launched in the year 2011 in collaboration with all stakeholders.
Plans and Schemes
India Microfinance Equity Fund Proposed
India Microfinance Equity Fund of 100 crore with SIDBI was proposed in the budget 2011-12.The fund will be set up in the course of the year 2011.
Initiative on Vegetable Clusters
The growing demand for vegetables has to be met by a robust increase in the productivity and market linkage. An efficient supply chain, to provide quality vegetables at competitive prices will have to be established. In the Budget it was proposed to provide an amount of 300 crore for implementation of vegetable initiative to set in motion a virtuous cycle of higher production and incomes for the farmers. To begin with, this programme will be launched near major urban centres.
Promotion of Oil Palm
To achieve a major breakthrough, India has to pay special attention to oil palm as it is one of the most efficient oil crops. The budget proposed to provide an amount of `300 crore to bring 60,000 hectares under oil palm plantation, by integrating the farmers with the markets. The initiative will yield about 3 lakh metric tonnes of palm oil annually in 5 years.
Nutri-cereals
Besides, ensuring food for all, India must also promote balanced nutrition. Bajra, jowar, ragi and other millets are highly nutritious and are known to possess several medicinal properties. The availability and consumption of these Nutricereals is, however, low and has been steadily declining over recent years. A provision of 300 crore is being made to promote higher production of these cereals, upgrade their processing technologies and create awareness regarding their health benefits. This initiative would provide market linked production support to ten lakh millet farmers in the arid and semi-arid regions of the country. The programme would be taken up in 1000 compact blocks covering about 25000 villages. This will help improve nutritional security and increase feed and fodder supply for livestock.
National Mission for Protein Supplements
The consumption of foods, rich in animal protein and other nutrients, has risen of late, with demand growing faster than production. The National Mission for Protein Supplements will be launched in 2011-12 with an allocation of 300crore. It will take up activities to promote animal based protein production through livestock development, dairy farming, piggery, goat rearing and fisheries in selected blocks.
Accelerated Fodder Development Programme
Adequate availability of fodder is essential for sustained production of milk. It is necessary to accelerate the production of fodder through intensive promotion of technologies to ensure its availability throughout the year. The budget proposed to provide 300 crore for Accelerated Fodder Development Programme which will benefit farmers in 25000 villages.
Scheduled Castes and Tribal Sub-plan
In the Budget for 2011-12, for the first time, specific allocations are being earmarked towards Scheduled Castes Sub-plan and Tribal Sub-plan. These will be shown in the Budget of the relevant Ministries and Departments under separate minor heads of account. Further, the Budget allocation for primitive tribal groups was increased from 185 crore in 2010-11 to 244 crore in 2011-12.
National Mission for Hybrid and Electric Vehicles
The Indian automobile market is the second fastest growing in the world and it has shown nearly 30 per cent growth in 2010-11. World over, substantial investments are being made in the field of hybrid and electric mobility. To provide green and clean transportation for the masses, National Mission for Hybrid and Electric Vehicles will be launched in the year 2011 in collaboration with all stakeholders.
India Microfinance Equity Fund of 100 crore with SIDBI was proposed in the budget 2011-12.The fund will be set up in the course of the year 2011.
Initiative on Vegetable Clusters
The growing demand for vegetables has to be met by a robust increase in the productivity and market linkage. An efficient supply chain, to provide quality vegetables at competitive prices will have to be established. In the Budget it was proposed to provide an amount of 300 crore for implementation of vegetable initiative to set in motion a virtuous cycle of higher production and incomes for the farmers. To begin with, this programme will be launched near major urban centres.
Promotion of Oil Palm
To achieve a major breakthrough, India has to pay special attention to oil palm as it is one of the most efficient oil crops. The budget proposed to provide an amount of `300 crore to bring 60,000 hectares under oil palm plantation, by integrating the farmers with the markets. The initiative will yield about 3 lakh metric tonnes of palm oil annually in 5 years.
Nutri-cereals
Besides, ensuring food for all, India must also promote balanced nutrition. Bajra, jowar, ragi and other millets are highly nutritious and are known to possess several medicinal properties. The availability and consumption of these Nutricereals is, however, low and has been steadily declining over recent years. A provision of 300 crore is being made to promote higher production of these cereals, upgrade their processing technologies and create awareness regarding their health benefits. This initiative would provide market linked production support to ten lakh millet farmers in the arid and semi-arid regions of the country. The programme would be taken up in 1000 compact blocks covering about 25000 villages. This will help improve nutritional security and increase feed and fodder supply for livestock.
National Mission for Protein Supplements
The consumption of foods, rich in animal protein and other nutrients, has risen of late, with demand growing faster than production. The National Mission for Protein Supplements will be launched in 2011-12 with an allocation of 300crore. It will take up activities to promote animal based protein production through livestock development, dairy farming, piggery, goat rearing and fisheries in selected blocks.
Accelerated Fodder Development Programme
Adequate availability of fodder is essential for sustained production of milk. It is necessary to accelerate the production of fodder through intensive promotion of technologies to ensure its availability throughout the year. The budget proposed to provide 300 crore for Accelerated Fodder Development Programme which will benefit farmers in 25000 villages.
Scheduled Castes and Tribal Sub-plan
In the Budget for 2011-12, for the first time, specific allocations are being earmarked towards Scheduled Castes Sub-plan and Tribal Sub-plan. These will be shown in the Budget of the relevant Ministries and Departments under separate minor heads of account. Further, the Budget allocation for primitive tribal groups was increased from 185 crore in 2010-11 to 244 crore in 2011-12.
National Mission for Hybrid and Electric Vehicles
The Indian automobile market is the second fastest growing in the world and it has shown nearly 30 per cent growth in 2010-11. World over, substantial investments are being made in the field of hybrid and electric mobility. To provide green and clean transportation for the masses, National Mission for Hybrid and Electric Vehicles will be launched in the year 2011 in collaboration with all stakeholders.
Tuesday, September 20, 2011
India-Japan Global Partnership Summit 2011
India-Japan global partnership summit 2011 was held in Tokyo, Japan on 5-7 September 2011. To mark 10 years of the announcement of India-Japan Global Partnership Agreement, the India Center Foundation organized this summit.
Apart from socio-cultural exchanges, this summit provided a platform for face to face discussion among the top business leaders, policy makers, opinion leaders and academicians from both nations.
India Center Foundation is a non-partisan and not-for-profit organization working as a catalyst in nation building processes of India through its various socio-economic initiatives. India Japan Global Partnership is one of such initiatives.
Apart from socio-cultural exchanges, this summit provided a platform for face to face discussion among the top business leaders, policy makers, opinion leaders and academicians from both nations.
India Center Foundation is a non-partisan and not-for-profit organization working as a catalyst in nation building processes of India through its various socio-economic initiatives. India Japan Global Partnership is one of such initiatives.
GDP growth taking a hit if Euro zone
An internal government assessment is worried that any deceleration in software exports due to the Euro zone debt crisis and the poor economic conditions in the US will affect GDP growth. The economy growth is estimated to grow at 8-8.5 per cent during current financial year.
“In 2009-10, the US alone accounted for 61 per cent of India's total software exports. European countries (including the UK) followed with as much as 26.5 per cent. If these two regions are the first to be hit by the recession, it is unlikely that software export revenue would remain unscathed.”
Over the period 2004-05 to 2009-10, services accounted for 66 per cent of the increment in India's GDP. Revenues from software services amounted to 9.4 per cent of this (excluding public administration and defence), the assessment adds.
According to balance of payment data, gross revenue from exports of software services amounted to as much as 24 per cent of the gross revenue from merchandise exports.
Talking about the merchandise exports, the note says that markets accounting for about a third of India's export are already stagnating or in recession. Only two regions counter this trend: Parts of Asia (excluding China) and the OPEC countries.
Although worst affected EU economies such as Portugal, Greece and Ireland have very little impact on Indian exports, the problem will be more significant if the crisis spreads to Italy and Spain, the assessment notes.
In 2010, Portugal and Greece had a share of about 1.3 per cent each in India's exports to the EU and Ireland had about 0.7 per cent. Italy and Spain had 11.5 per cent and 6.8 per cent respectively.
AP to invest Rs 1,154 cr for high-voltage distribution system
The Andhra Pradesh Government has drawn up an action plan to put in place high voltage distribution system (HVDS) with an estimated expenditure of Rs 1,154 crore.
The system will be implemented in a period of five years in a phased manner to provide more reliable and quality power supply to the farmers covering over 2.45 lakh agricultural pump-sets in the State.
Loan agreement
The Union Government concluded a loan agreement with Japan International Co-operation Agency (JICA) for a loan of Rs 988 crore towards implementing the project, the State Government was informed.
The distribution companies in Andhra Pradesh would foot the remaining expenditure of the project, according to a release issued on Sunday.
According to the action plan, the low voltage network would be replaced by a high voltage network apart from the installation of smaller capacity distribution transformers and power supply with good voltage to farmers' pump sets.
Energy losses
The implementation of HVDS is expected to bring down energy losses in supply of power to agricultural sector from an estimated 25 per cent to 10 per cent.
Savings
The other benefits would include a total savings of Rs 307 crore in the form of reductions in energy loss, theft in energy, peak power loss and transformer failure.
Monday, September 19, 2011
PUNJAB NATIONAL BANK PROFESSIONAL KNOWLEDGE 2010
1. Programs that automatically submit your search request to several search engines simultaneously are called—
(1) Metasearch engines
(2) Webcrawlers
(3) Spiders
(4) Hits
(5) None of these
2. Graphical diagrams used to represent different multiple perspectives of a system include—
(1) use-case, class, and state diagrams
(2) state, interaction, derivative diagrams
(3) interaction, relationship, and class diagrams
(4) deployment, relationship, and use-case diagrams
(5) None of these
3. Database redesign is not terribly difficult if the—
(1) database is structured
(2) database is well-designed
(3) database has no data
(4) database is relatively small
(5) database is relatively large
4. Which of the following are normally used to initialize a computer system's hardware?
(1) Bootstrap memory
(2) Volatile memory
(3) Exteranl mass memory
(4) Static memory
(5) Random access memory
5. If you wanted to locate the hardware address of a local device, which protocol would you use?
(1) ARP
(2) RARP
(3) ICMP
(4) PING
(5) PONG
6. What is Internet 2?
(1) A new type of cabling system for Wide Area Networks
(2) A second local area network that can connect with another online LAN to share access
(3) A new standard for Internet browsers
(4) An association to develop advanced Internet technology
(5) None of these
7. The term, "hypertext", means—
(1) Non-sequential writing
(2) Hypermedia
(3) Blinking text
(4) Text with heavy formatting
(5) None of these
8. While searching a website, you have been unable to find information that was on the site several months ago. What might you do to attempt to locate that information?
(1) Visit Google's cached page to view the older copy.
(2) Forget about it, as there is no way to find this information.
(3) Visit a partner site of the organization to see if it is there.
(4) Use the wayback machine.
(5) None of these
9. Which kind of lock includes a keypad that can be used to control access into areas?
(1) Cipher
(2) Warded
(3) Device
(4) Tumbler
(5) Typelock
10. A……………..sometimes called a boot sector virus, executes when a computer boots up because it resides in the boot sector of a floppy disk or the master boot record of a hard disk.
(1) system virus
(2) trojan horse virus
(3) file virus
(4) macro virus
(5) None of these
11. Carbon credit is meant for—
(1) Deforestation
(2) Protection of environment
(3) Rural infrastructure
(4) Diamond trading
(5) Precision farming
12. Acetic acid is present in—
(1) Vinegar
(2) Curd
(3) Lime
(4) Fish
(5) Rancid butter
13. Deep litter and cage systems are associated with—
(1) Dairy development
(2) Pig farming
(3) Poultry growing
(4) Quali farming
(5) Sheep rearing
14. When milk is churned, the cream is separated due to—
(1) Gravitational force
(2) Centrifugal force
(3) Frictional force
(4) Electro magnetic effect
(5) None of the above
15. Agricultural scientist who got Nobel prize for peace—
(1) Dr Norman E. Borlaug
(2) Dr M.S. Swaminathan
(3) Dr Hargovind Khorana
(4) Dr Chandrasekhar
(5) Dr Watson
16. Free flow of capital, goods and services is envisaged under—
(1) WTO
(2) Food Bill
(3) AEZ
(4) Essential commodities Act
(5) Warehouse Bill
17. Process involved in the conversion of milk to curd is—
(1) Oxidation
(2) Dehydration
(3) Hydrogenation
(4) Fermentation
(5) Hydration
18. National Policy for Farmers 2007 is formulated based on the recommendations of—
(1) Committee on Financial Inclusion
(2) Vaidyanathan Committee
(3) Forward Market Commission
(4) Working Group on Agriculture
(5) National Commission on Farmers
19. The Head Quarters of CFTRI—the leading institute for research on various food products is located at—
(1) Mysore
(2) New Delhi
(3) Mumbai
(4) Gurgaon
(5) Jammu
20. Common refrigerant used in fridges and cold storages—
(1) Neon
(2) Freon
(3) Crypton
(4) Argon
(5) Ice
21. Who among the following is the author of the novel ‘Two Lives’?
(1) Salman Rushdie
(2) Vikram Seth
(3) Arundhati Roy
(4) Ruskin Bond
(5) Dhruv Sawhney
22. Who among the following has been appointed as the first Chief Information Commissioner of India?
(1) Vijay Shankar
(2) T.N. Seshan
(3) Wajahat Habibullah
(4) Mathew Varghese
(5) M.H. Baig
23. On which of the following dates is World AIDS Day observed?
(1) December 9
(2) December 1
(3) November 30
(4) October 24
(5) December 30
24. Which of the following is India’s first indigenous animation film?
(1) Hanuman
(2) Ramayana
(3) Harry Potter
(4) Mughal-e-Azam
(5) Ram Sita
25. Who among the following has been sworn in as the new Chief Minister of Jammu and Kashimir?
(1) Mufti Mohammed Sayeed
(2) Ghulam Nabi Azad
(3) Omar Abdullah
(4) M.H. Baig
(5) T. N. Seshan
ANSWERS:
1. (1) 2. (1) 3. (1) 4. (5) 5. (1)
6. (4) 7. (2) 8. (3) 9. (4) 10. (1)
11. (2) 12. (1) 13. (3) 14. (2) 15. (1)
16. (1) 17. (4) 18. (5) 19. (1) 20. (2)
21. (2) 22. (3) 23. (2) 24. (1) 25. (2)
(1) Metasearch engines
(2) Webcrawlers
(3) Spiders
(4) Hits
(5) None of these
2. Graphical diagrams used to represent different multiple perspectives of a system include—
(1) use-case, class, and state diagrams
(2) state, interaction, derivative diagrams
(3) interaction, relationship, and class diagrams
(4) deployment, relationship, and use-case diagrams
(5) None of these
3. Database redesign is not terribly difficult if the—
(1) database is structured
(2) database is well-designed
(3) database has no data
(4) database is relatively small
(5) database is relatively large
4. Which of the following are normally used to initialize a computer system's hardware?
(1) Bootstrap memory
(2) Volatile memory
(3) Exteranl mass memory
(4) Static memory
(5) Random access memory
5. If you wanted to locate the hardware address of a local device, which protocol would you use?
(1) ARP
(2) RARP
(3) ICMP
(4) PING
(5) PONG
6. What is Internet 2?
(1) A new type of cabling system for Wide Area Networks
(2) A second local area network that can connect with another online LAN to share access
(3) A new standard for Internet browsers
(4) An association to develop advanced Internet technology
(5) None of these
7. The term, "hypertext", means—
(1) Non-sequential writing
(2) Hypermedia
(3) Blinking text
(4) Text with heavy formatting
(5) None of these
8. While searching a website, you have been unable to find information that was on the site several months ago. What might you do to attempt to locate that information?
(1) Visit Google's cached page to view the older copy.
(2) Forget about it, as there is no way to find this information.
(3) Visit a partner site of the organization to see if it is there.
(4) Use the wayback machine.
(5) None of these
9. Which kind of lock includes a keypad that can be used to control access into areas?
(1) Cipher
(2) Warded
(3) Device
(4) Tumbler
(5) Typelock
10. A……………..sometimes called a boot sector virus, executes when a computer boots up because it resides in the boot sector of a floppy disk or the master boot record of a hard disk.
(1) system virus
(2) trojan horse virus
(3) file virus
(4) macro virus
(5) None of these
11. Carbon credit is meant for—
(1) Deforestation
(2) Protection of environment
(3) Rural infrastructure
(4) Diamond trading
(5) Precision farming
12. Acetic acid is present in—
(1) Vinegar
(2) Curd
(3) Lime
(4) Fish
(5) Rancid butter
13. Deep litter and cage systems are associated with—
(1) Dairy development
(2) Pig farming
(3) Poultry growing
(4) Quali farming
(5) Sheep rearing
14. When milk is churned, the cream is separated due to—
(1) Gravitational force
(2) Centrifugal force
(3) Frictional force
(4) Electro magnetic effect
(5) None of the above
15. Agricultural scientist who got Nobel prize for peace—
(1) Dr Norman E. Borlaug
(2) Dr M.S. Swaminathan
(3) Dr Hargovind Khorana
(4) Dr Chandrasekhar
(5) Dr Watson
16. Free flow of capital, goods and services is envisaged under—
(1) WTO
(2) Food Bill
(3) AEZ
(4) Essential commodities Act
(5) Warehouse Bill
17. Process involved in the conversion of milk to curd is—
(1) Oxidation
(2) Dehydration
(3) Hydrogenation
(4) Fermentation
(5) Hydration
18. National Policy for Farmers 2007 is formulated based on the recommendations of—
(1) Committee on Financial Inclusion
(2) Vaidyanathan Committee
(3) Forward Market Commission
(4) Working Group on Agriculture
(5) National Commission on Farmers
19. The Head Quarters of CFTRI—the leading institute for research on various food products is located at—
(1) Mysore
(2) New Delhi
(3) Mumbai
(4) Gurgaon
(5) Jammu
20. Common refrigerant used in fridges and cold storages—
(1) Neon
(2) Freon
(3) Crypton
(4) Argon
(5) Ice
21. Who among the following is the author of the novel ‘Two Lives’?
(1) Salman Rushdie
(2) Vikram Seth
(3) Arundhati Roy
(4) Ruskin Bond
(5) Dhruv Sawhney
22. Who among the following has been appointed as the first Chief Information Commissioner of India?
(1) Vijay Shankar
(2) T.N. Seshan
(3) Wajahat Habibullah
(4) Mathew Varghese
(5) M.H. Baig
23. On which of the following dates is World AIDS Day observed?
(1) December 9
(2) December 1
(3) November 30
(4) October 24
(5) December 30
24. Which of the following is India’s first indigenous animation film?
(1) Hanuman
(2) Ramayana
(3) Harry Potter
(4) Mughal-e-Azam
(5) Ram Sita
25. Who among the following has been sworn in as the new Chief Minister of Jammu and Kashimir?
(1) Mufti Mohammed Sayeed
(2) Ghulam Nabi Azad
(3) Omar Abdullah
(4) M.H. Baig
(5) T. N. Seshan
ANSWERS:
1. (1) 2. (1) 3. (1) 4. (5) 5. (1)
6. (4) 7. (2) 8. (3) 9. (4) 10. (1)
11. (2) 12. (1) 13. (3) 14. (2) 15. (1)
16. (1) 17. (4) 18. (5) 19. (1) 20. (2)
21. (2) 22. (3) 23. (2) 24. (1) 25. (2)
Wipro to develop software for Saab’s e-warfare system
Wipro Ltd has entered into a strategic alliance with Saab AB to develop and market protective software for the Swedish major’s Land Electronic Defence System (LEDS) in the country, the IT bellwether said Thursday.
LEDS provides protection to light and medium combat vehicles and main battle tanks against rocket-propelled grenades, anti-tank missiles, mortars and artillery shells.
“We will pursue opportunities for LEDS in the domestic market with Indian defence establishments and original equipment manufacturers,” Wipro infrastructure engineering division president Pratik Kumar said on the margins of the Defence & Security Equipment International (DSEi) 2011 trade fair being held in London.
DSEi is the world’s largest integrated defence and security exhibition providing a single platform to showcase the latest equipment and systems.
Wipro will develop, manufacture and integrate the equipment to address the Indian market for land-based active protection systems (APS).
“The primary objective of the partnership with Saab is to serve the Indian market with state-of-the-art APS solutions. The partnership will include component sourcing within the country, technology transfer and manufacture and integration of APS,” Kumar said.
The global software major hopes the strategic alliance will put India on the global map as a cost-effective and reliable defence manufacturing hub.
Both the firms also partnered in 2008 and 2010 to address the Indian survivability technology market.
“India is an important market for us and a cornerstone of our global strategy. The new collaboration marks our next step towards consolidating our position in the Indian defense market,” Saab’s business head for LEDS Micael Johansson said on the occasion.
The e-warfare system combines active signature management and soft-kill and hard-kill mechanisms to provide full spectrum active protection to land vehicles. The specifications include hemispherical coverage to detect incoming threats and alert the crew.
LEDS provides protection to light and medium combat vehicles and main battle tanks against rocket-propelled grenades, anti-tank missiles, mortars and artillery shells.
“We will pursue opportunities for LEDS in the domestic market with Indian defence establishments and original equipment manufacturers,” Wipro infrastructure engineering division president Pratik Kumar said on the margins of the Defence & Security Equipment International (DSEi) 2011 trade fair being held in London.
DSEi is the world’s largest integrated defence and security exhibition providing a single platform to showcase the latest equipment and systems.
Wipro will develop, manufacture and integrate the equipment to address the Indian market for land-based active protection systems (APS).
“The primary objective of the partnership with Saab is to serve the Indian market with state-of-the-art APS solutions. The partnership will include component sourcing within the country, technology transfer and manufacture and integration of APS,” Kumar said.
The global software major hopes the strategic alliance will put India on the global map as a cost-effective and reliable defence manufacturing hub.
Both the firms also partnered in 2008 and 2010 to address the Indian survivability technology market.
“India is an important market for us and a cornerstone of our global strategy. The new collaboration marks our next step towards consolidating our position in the Indian defense market,” Saab’s business head for LEDS Micael Johansson said on the occasion.
The e-warfare system combines active signature management and soft-kill and hard-kill mechanisms to provide full spectrum active protection to land vehicles. The specifications include hemispherical coverage to detect incoming threats and alert the crew.
India, China record world’s highest urbanisation
Cities in India, China and Africa are recording the world’s highest rates of urbanisation, according to a new study. Population growth is driving urbanisation, especially in developing regions like India, says Burak Güneralp, research assistant professor in geography at Texas A&M University.
“This massive urbanisation…is happening worldwide, but India, China and Africa have experienced the highest rates of urban land expansion,” Güneralp explains.
Güneralp, who led the study, says by 2030 expanding cities will gobble up a landmass as big as Mongolia or 590,000 sq miles, globally.
He is part of a team that includes three other researchers from Yale, Stanford and Arizona State, the journal Public Library of Science ONE reports.
“Our study covered the 30 years from 1970 to 2000, and we found that urban growth is occurring at the highest rates in developing countries,” according to a Texas statement.
The United Nations predicts that by 2030 there will be an additional 1.47 billion people living in urban areas.
“Where cities grow the most seem to be near coastal areas, and this is a very noticeable trend,” Güneralp says.
“This makes coastal areas a special area of concern because people and infrastructures are at risk to rising sea levels, flooding, hurricanes, tsunamis and other disasters. “All over the world, people like to live by the water, so it’s a trend that will likely not change.”
Güneralp adds that often urbanisation occurs near lands that are environmentally sensitive and in some cases, protected by law.
“This massive urbanisation…is happening worldwide, but India, China and Africa have experienced the highest rates of urban land expansion,” Güneralp explains.
Güneralp, who led the study, says by 2030 expanding cities will gobble up a landmass as big as Mongolia or 590,000 sq miles, globally.
He is part of a team that includes three other researchers from Yale, Stanford and Arizona State, the journal Public Library of Science ONE reports.
“Our study covered the 30 years from 1970 to 2000, and we found that urban growth is occurring at the highest rates in developing countries,” according to a Texas statement.
The United Nations predicts that by 2030 there will be an additional 1.47 billion people living in urban areas.
“Where cities grow the most seem to be near coastal areas, and this is a very noticeable trend,” Güneralp says.
“This makes coastal areas a special area of concern because people and infrastructures are at risk to rising sea levels, flooding, hurricanes, tsunamis and other disasters. “All over the world, people like to live by the water, so it’s a trend that will likely not change.”
Güneralp adds that often urbanisation occurs near lands that are environmentally sensitive and in some cases, protected by law.
Corporation Bank Probationary Officers Exam., 2011
General Awareness on Socio-Economic Developments
(Exam Held on 29-5-2011)
1. Micro credit or micro finance is a novel approach to banking with the poor. In this approach bank credit is extended to the poor through—
(A) Self Help Groups
(B) Anganwadees
(C) Cooperative Credit Societies
(D) RBI
(E) None of these
Ans : (A)
2. TRAI regulates the functioning of which of the following services ?
(A) Port
(B) Trade
(C) Telecom
(D) Transport
(E) None of these
Ans : (C)
3. Many times we read about ‘Hawala’ transactions in newspapers. Hawala in India is prohibited under the provision of which of the following Acts ?
(A) Fiscal Responsibility and Budget Management Act
(B) Banking Regulation Act
(C) Financial action Task Force Act
(D) Foreign Exchange Management Act
(E) None of these
Ans : (D)
4. Which of the following is the popular name of the norms by which bank satisfy itself about the customers identity and motivation ?
(A) Basel norms
(B) KYC norms
(C) Service norms
(D) Lending norms
(E) None of these
Ans : (B)
5. Mutual funds are regulated by—
(A) Association of Mutual Funds of India (AMFI)
(B) Securities and Exchange Board of India (SEBI)
(C) Reserve Bank of India
(D) IRDA
(E) None of these
Ans : (B)
6. Bancassurance is—
(A) an insurance scheme to insure bank deposits
(B) an insurance scheme exclusively for the employees of banks
(C) a composite financial service offering both bank and insurance products
(D) a bank deposit scheme exclusively for employees of insurance companies
(E) None of these
Ans : (C)
7. Sarva Shiksha Abhiyan is aimed at the education of which of the following ?
(A) Education of children between 6–14 years
(B) Education of girls up to graduation level
(C) College education
(D) Adult education
(E) None of these
Ans : (A)
8. Jnanpith Award is given for excellence in the field of—
(A) Social service
(B) Sports
(C) Classical dance
(D) Music
(E) Literature
Ans : (E)
9. Which of the following bills presented in the Parliament will bring some changes in existing tax regime ?
(A) Direct Taxes Code (DTC) Bill
(B) Foreign Exchange Management Regulatory Bill
(C) Companies Act Bill
(D) Salaries and Perks for MPs Bill
(E) Finance Bill 2010-11
Ans : (A)
10. The full form of PIN in a ATM card is—
(A) Permanent Information Number
(B) Personal Identification Number
(C) Professional Identification Number
(D) Permanent Identification Number
(E) Personal Index Number
Ans : (B)
11. Which of the following is not the function of RBI ?
(A) Maintaining Forex
(B) Decides Bank rate, CRR and SLR from time to time
(C) Opening Savings Accounts for general public
(D) Prescribes the Capital Adequacy Ratio
(E) Currency Management
Ans : (C)
12. Obligation of a Banker to maintain secrecy is applicable to—
(A) only in case of existing deposit accounts
(B) only in respect existing loan accounts
(C) only in case of closed accounts
(D) all types of deposit/loan accounts (existing/closed)
(E) None of these
Ans : (D)
13. Banks today in addition to normal banking services offer which of the following services ?
(A) Internet banking
(B) Depository services
(C) Financial counseling services
(D) Only (A) and (B) above
(E) All (A), (B) and (C) above
Ans : (E)
14. Dr. Muhammad Yunus is a resident of—
(A) India
(B) Pakistan
(C) Bangladesh
(D) U.S.A.
(E) U.K.
Ans : (C)
15. Which among the following cannot be called an anti inflationary measure ?
(A) Raising the bank rates
(B) Raising the reserve ratio requirements
(C) Purchase of securities in the open markets
(D) Rationing of the credit
(E) None of these
Ans : (C)
16. Which among the following is the major marine food export item of India ?
(A) Frozen fish
(B) Frozen shrimp
(C) Frozen crabs
(D) Cephalopods
(E) None of these
Ans : (B)
17. In context with the business and banking, what is CRAR ?
(A) Capital to risk asset ratio
(B) Credit to risk asset ratio
(C) Credit to risk assessment ratio
(D) Capital to risk assessment rate
(E) Credit rate assessment ratio
Ans : (A)
18. The monetary authority in India viz. reserve bank of India is bound to maintain a reserve against the note issue whatever may be the amount. This system is called as—
(A) Minimum reserve system
(B) Proportional reserve system
(C) Maximum fiduciary issue system
(D) Simple deposit system
(E) None of these
Ans : (A)
19. Consider the following—
1. Bank rate policy
2. Open market operations
3. Devaluation of rupee.
Which among the above are called fiscal measures ?
(A) 1 only
(B) 1 and 2 both
(C) 1 and 3 both
(D) 3 only
(E) None of these
Ans : (D)
20. Which among the following is the most abundant human resource in India ?
(A) High skilled labour in organized sector
(B) High skilled labour in unorganized sector
(C) Low skilled labour in organized sector
(D) Low skilled labour in unorganized sector
(E) None of these
Ans : (B)
21. What is the maximum amount per withdrawal in a day that can be withdrawn by a customer by using ATM of other bank ?
(A) Rs. 1,000
(B) Rs. 3,000
(C) Rs. 5,000
(D) Rs. 10,000
(E) No such limit
Ans : (E)
22. Interest rates on which of the following deposit schemes is fixed by Reserve Bank of India ?
(A) Fixed deposit above 5 years maturity
(B) Recurring deposits
(C) Saving bank
(D) Flexi deposit scheme
(E) None of these
Ans : (C)
23. Which of the following policies is known as annual policy statement ?
(A) Annual budget of Central Govt.
(B) Credit and monetary policy of RBI
(C) Foreign trade policy of DGFT
(D) Regulation issued by SEBI
(E) None of these
Ans : (B)
24. Appropriate banking facilities are to be provided to habitations having population above 2000 people by—
(A) 2011
(B) 2012
(C) 2013
(D) 2014
(E) 2015
Ans : (B)
25. Govt. shareholding in public sector banks cannot be below—
(A) 33%
(B) 51%
(C) 74%
(D) 76%
(E) 100%
Ans : (B)
26. The Union Budget for 2011-12 proposed lowering of qualifying age for tax relief for senior citizens for 65 years to—
(A) 55 years
(B) 58 years
(C) 63 years
(D) 62 years
(E) 60 years
Ans : (E)
27. Government of India in March 2011 conferred the miniratna status on which of the following PSUs ?
(A) National Small Industries Corporation (NSIC)
(B) Air India Charters Ltd.
(C) Cement Corporation of India
(D) HMT Machine Tools Ltd.
(E) Bharat Heavy Electricals Ltd.
Ans : (A)
28. Noted social worker Anna Hazare started his hunger strike at Jantar Mantar in New Delhi to protest against the reported delay in bringing in which of the following bills to effectively deal with corruption ?
(A) Central Vigilance Commission Bill
(B) The Competition (Amendment) Bill
(C) The Airports Economic Regulatory Authority of India Bill
(D) The Appropriation (No. 3) Bill
(E) Lokpal Bill
Ans : (E)
29. As we all know Govt. of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the Govt. ?
1. Tax on income
2. Tax on expenditure
3. Tax on property or capital asset
4. Tax on goods and services.
(A) Both 1 and 3 only
(B) Both 2 and 4 only
(C) All 1, 2, 3 and 4
(D) Only 2, 3 and 4
(E) None of these
Ans : (A)
30. Sardar Sarovar dam is on which of the following rivers ?
(A) Ganga
(B) Jamuna
(C) Beas
(D) Narmada
(E) Ravi
Ans : (D)
31. As per the targets for 11th Five Year Plan, educated unemployment is to be reduced to which of the following levels ?
(A) 9%
(B) 6%
(C) 7%
(D) 8%
(E) 5%
Ans : (E)
32. Which of the following Acts was framed specially to deal more effectively with the problem of Non-performing assets in banking system ?
(A) Companies Act
(B) Banking Regulation Act
(C) Foreign Exchange Management Act
(D) Industrial Dispute Act
(E) SARFAESI Act
Ans : (E)
33. Very often we read in news-papers / magazines about ‘Sovereign Wealth Funds’. Which of the following is/are the correct description of the same ?
1. These are the funds or the reserves of a government of central bank of a country which are invested further to earn profitable returns
2. These are the funds, which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several years
3. The funds which are created to be used as relief funds or bailouts packages.
(A) Both 2 and 3 only
(B) Only 2
(C) Only 3
(D) Only 1
(E) None of these
Ans : (D)
34. Credit rating—
(A) is used to rate the borrowers while giving advances
(B) is used to work out performance of the employees
(C) is used to calculate the number of excellent audit rated branches
(D) is not used in any bank
(E) is necessary before giving promotion to employees
Ans : (A)
35. Names of which of the following rates/ratios cannot be seen in financial newspapers ?
(A) Bank rate
(B) Repo rate
(C) Statutory liquidity ratio
(D) Cash reserve ratio
(E) Pulse rate
Ans : (E)
36. Invisible exports means export of—
(A) Perishable goods
(B) Prohibited goods
(C) Unrecorded goods
(D) Goods through smuggling
(E) Services
Ans : (E)
37. Ten rupee notes contain the signature of—
(A) Finance Secretary, GOI
(B) Chairman, State Bank of India
(C) Governor, Reserve Bank of India
(D) Finance Minister, GOI
(E) Prime Minister
Ans : (C)
38. In banking terminology NPA means—
(A) No promise account
(B) Non personal account
(C) Non performing asset
(D) Net performing asset
(E) New promising amblence
Ans : (C)
39. Who is the present RBI Governor ?
(A) Dr. Y. V. Reddy
(B) Dr. Ravi Mohan
(C) Dr. Smt. Usha Thorat
(D) Shri M. V. Nair
(E) Dr. D. Subbarao
Ans : (E)
40. The wheat based Nutrition programme is being implemented by which of the following Ministries/departments of the Govt. of India ?
(A) Ministry of Labour Welfare
(B) Department of Women and Child Development
(C) Department of Consumer Affairs
(D) Ministry of Agriculture
(E) Ministry of Planning
Ans : (B)
41. Which of the following is true about ‘Rajiv Gandhi Grameen Vidyutikaran Yojana of the Govt. of India ?
1. Its objective is electrification of all unelectrified villages
2. It was launched to provide free electricity to the farmers during the harvesting season
3. Each family covered under the scheme is eligible to get one free connection for a period of five years.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
Ans : (A)
42. ‘Mahila Samakhya Scheme’ is launched by the ministry of—
(A) Human Resource Development
(B) Social Welfare
(C) Rural Development
(D) Agriculture
(E) Youth Affairs & Sports
Ans : (A)
43. National Rural Health Mission was launched in the year—
(A) 1995
(B) 2000
(C) 2007
(D) 2010
(E) 2005
Ans : (E)
44. Which of the following schemes is launched for providing health services in rural areas ?
(A) Operation flood
(B) Look east
(C) SJSRY
(D) JNNURM
(E) ASHA
Ans : (E)
45. Which of the following schemes is launched for the school going children ?
(A) Lok Jumbish
(B) Mid Day Meal
(C) Sarva Shiksha Abhiyan
(D) AYUSH
(E) None of these
Ans : (B)
46. Eligibility age for pension under Indira Gandhi National old age pension scheme for Below Poverty Line beneficiaries is now reduced to—
(A) 65 years
(B) 60 years
(C) 58 years
(D) 62 years
(E) 55 years
Ans : (B)
47. Which of the following schemes is launched by the Govt. of India to provide/develop infrastructure in rural areas ?
(A) Mahatma Gandhi National Rural Employment Guarantee Act
(B) Financial Action Task Force
(C) Pradhan Mantri Shahari Rozgar Yojana
(D) Bharat Nirman
(E) None of these
Ans : (A)
48. Govt. of India has launched special Green Revolution project for which of the following states/ group of states ?
(A) North-east states
(B) Bihar and Jharkhand
(C) West Bengal
(D) Tamil Nadu and Kerala
(E) None of these
Ans : (A)
49. ‘Sugam’ is a scheme launched for—
(A) Small tax payers
(B) Pensioners getting old age pension
(C) Big Corporate House
(D) Getting all sorts of permission/clearances for small exporters
(E) None of these
Ans : (A)
50. Govt. of India has created a special India Micro finance Equity Fund of Rs. 100 crores. The fund is maintained by—
(A) IDBI Bank
(B) RBI
(C) ECGC
(D) SIDBI
(E) NABARD
Ans : (D)
(A) Self Help Groups
(B) Anganwadees
(C) Cooperative Credit Societies
(D) RBI
(E) None of these
Ans : (A)
2. TRAI regulates the functioning of which of the following services ?
(A) Port
(B) Trade
(C) Telecom
(D) Transport
(E) None of these
Ans : (C)
3. Many times we read about ‘Hawala’ transactions in newspapers. Hawala in India is prohibited under the provision of which of the following Acts ?
(A) Fiscal Responsibility and Budget Management Act
(B) Banking Regulation Act
(C) Financial action Task Force Act
(D) Foreign Exchange Management Act
(E) None of these
Ans : (D)
4. Which of the following is the popular name of the norms by which bank satisfy itself about the customers identity and motivation ?
(A) Basel norms
(B) KYC norms
(C) Service norms
(D) Lending norms
(E) None of these
Ans : (B)
5. Mutual funds are regulated by—
(A) Association of Mutual Funds of India (AMFI)
(B) Securities and Exchange Board of India (SEBI)
(C) Reserve Bank of India
(D) IRDA
(E) None of these
Ans : (B)
6. Bancassurance is—
(A) an insurance scheme to insure bank deposits
(B) an insurance scheme exclusively for the employees of banks
(C) a composite financial service offering both bank and insurance products
(D) a bank deposit scheme exclusively for employees of insurance companies
(E) None of these
Ans : (C)
7. Sarva Shiksha Abhiyan is aimed at the education of which of the following ?
(A) Education of children between 6–14 years
(B) Education of girls up to graduation level
(C) College education
(D) Adult education
(E) None of these
Ans : (A)
8. Jnanpith Award is given for excellence in the field of—
(A) Social service
(B) Sports
(C) Classical dance
(D) Music
(E) Literature
Ans : (E)
9. Which of the following bills presented in the Parliament will bring some changes in existing tax regime ?
(A) Direct Taxes Code (DTC) Bill
(B) Foreign Exchange Management Regulatory Bill
(C) Companies Act Bill
(D) Salaries and Perks for MPs Bill
(E) Finance Bill 2010-11
Ans : (A)
10. The full form of PIN in a ATM card is—
(A) Permanent Information Number
(B) Personal Identification Number
(C) Professional Identification Number
(D) Permanent Identification Number
(E) Personal Index Number
Ans : (B)
11. Which of the following is not the function of RBI ?
(A) Maintaining Forex
(B) Decides Bank rate, CRR and SLR from time to time
(C) Opening Savings Accounts for general public
(D) Prescribes the Capital Adequacy Ratio
(E) Currency Management
Ans : (C)
12. Obligation of a Banker to maintain secrecy is applicable to—
(A) only in case of existing deposit accounts
(B) only in respect existing loan accounts
(C) only in case of closed accounts
(D) all types of deposit/loan accounts (existing/closed)
(E) None of these
Ans : (D)
13. Banks today in addition to normal banking services offer which of the following services ?
(A) Internet banking
(B) Depository services
(C) Financial counseling services
(D) Only (A) and (B) above
(E) All (A), (B) and (C) above
Ans : (E)
14. Dr. Muhammad Yunus is a resident of—
(A) India
(B) Pakistan
(C) Bangladesh
(D) U.S.A.
(E) U.K.
Ans : (C)
15. Which among the following cannot be called an anti inflationary measure ?
(A) Raising the bank rates
(B) Raising the reserve ratio requirements
(C) Purchase of securities in the open markets
(D) Rationing of the credit
(E) None of these
Ans : (C)
16. Which among the following is the major marine food export item of India ?
(A) Frozen fish
(B) Frozen shrimp
(C) Frozen crabs
(D) Cephalopods
(E) None of these
Ans : (B)
17. In context with the business and banking, what is CRAR ?
(A) Capital to risk asset ratio
(B) Credit to risk asset ratio
(C) Credit to risk assessment ratio
(D) Capital to risk assessment rate
(E) Credit rate assessment ratio
Ans : (A)
18. The monetary authority in India viz. reserve bank of India is bound to maintain a reserve against the note issue whatever may be the amount. This system is called as—
(A) Minimum reserve system
(B) Proportional reserve system
(C) Maximum fiduciary issue system
(D) Simple deposit system
(E) None of these
Ans : (A)
19. Consider the following—
1. Bank rate policy
2. Open market operations
3. Devaluation of rupee.
Which among the above are called fiscal measures ?
(A) 1 only
(B) 1 and 2 both
(C) 1 and 3 both
(D) 3 only
(E) None of these
Ans : (D)
20. Which among the following is the most abundant human resource in India ?
(A) High skilled labour in organized sector
(B) High skilled labour in unorganized sector
(C) Low skilled labour in organized sector
(D) Low skilled labour in unorganized sector
(E) None of these
Ans : (B)
21. What is the maximum amount per withdrawal in a day that can be withdrawn by a customer by using ATM of other bank ?
(A) Rs. 1,000
(B) Rs. 3,000
(C) Rs. 5,000
(D) Rs. 10,000
(E) No such limit
Ans : (E)
22. Interest rates on which of the following deposit schemes is fixed by Reserve Bank of India ?
(A) Fixed deposit above 5 years maturity
(B) Recurring deposits
(C) Saving bank
(D) Flexi deposit scheme
(E) None of these
Ans : (C)
23. Which of the following policies is known as annual policy statement ?
(A) Annual budget of Central Govt.
(B) Credit and monetary policy of RBI
(C) Foreign trade policy of DGFT
(D) Regulation issued by SEBI
(E) None of these
Ans : (B)
24. Appropriate banking facilities are to be provided to habitations having population above 2000 people by—
(A) 2011
(B) 2012
(C) 2013
(D) 2014
(E) 2015
Ans : (B)
25. Govt. shareholding in public sector banks cannot be below—
(A) 33%
(B) 51%
(C) 74%
(D) 76%
(E) 100%
Ans : (B)
26. The Union Budget for 2011-12 proposed lowering of qualifying age for tax relief for senior citizens for 65 years to—
(A) 55 years
(B) 58 years
(C) 63 years
(D) 62 years
(E) 60 years
Ans : (E)
27. Government of India in March 2011 conferred the miniratna status on which of the following PSUs ?
(A) National Small Industries Corporation (NSIC)
(B) Air India Charters Ltd.
(C) Cement Corporation of India
(D) HMT Machine Tools Ltd.
(E) Bharat Heavy Electricals Ltd.
Ans : (A)
28. Noted social worker Anna Hazare started his hunger strike at Jantar Mantar in New Delhi to protest against the reported delay in bringing in which of the following bills to effectively deal with corruption ?
(A) Central Vigilance Commission Bill
(B) The Competition (Amendment) Bill
(C) The Airports Economic Regulatory Authority of India Bill
(D) The Appropriation (No. 3) Bill
(E) Lokpal Bill
Ans : (E)
29. As we all know Govt. of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the Govt. ?
1. Tax on income
2. Tax on expenditure
3. Tax on property or capital asset
4. Tax on goods and services.
(A) Both 1 and 3 only
(B) Both 2 and 4 only
(C) All 1, 2, 3 and 4
(D) Only 2, 3 and 4
(E) None of these
Ans : (A)
30. Sardar Sarovar dam is on which of the following rivers ?
(A) Ganga
(B) Jamuna
(C) Beas
(D) Narmada
(E) Ravi
Ans : (D)
31. As per the targets for 11th Five Year Plan, educated unemployment is to be reduced to which of the following levels ?
(A) 9%
(B) 6%
(C) 7%
(D) 8%
(E) 5%
Ans : (E)
32. Which of the following Acts was framed specially to deal more effectively with the problem of Non-performing assets in banking system ?
(A) Companies Act
(B) Banking Regulation Act
(C) Foreign Exchange Management Act
(D) Industrial Dispute Act
(E) SARFAESI Act
Ans : (E)
33. Very often we read in news-papers / magazines about ‘Sovereign Wealth Funds’. Which of the following is/are the correct description of the same ?
1. These are the funds or the reserves of a government of central bank of a country which are invested further to earn profitable returns
2. These are the funds, which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several years
3. The funds which are created to be used as relief funds or bailouts packages.
(A) Both 2 and 3 only
(B) Only 2
(C) Only 3
(D) Only 1
(E) None of these
Ans : (D)
34. Credit rating—
(A) is used to rate the borrowers while giving advances
(B) is used to work out performance of the employees
(C) is used to calculate the number of excellent audit rated branches
(D) is not used in any bank
(E) is necessary before giving promotion to employees
Ans : (A)
35. Names of which of the following rates/ratios cannot be seen in financial newspapers ?
(A) Bank rate
(B) Repo rate
(C) Statutory liquidity ratio
(D) Cash reserve ratio
(E) Pulse rate
Ans : (E)
36. Invisible exports means export of—
(A) Perishable goods
(B) Prohibited goods
(C) Unrecorded goods
(D) Goods through smuggling
(E) Services
Ans : (E)
37. Ten rupee notes contain the signature of—
(A) Finance Secretary, GOI
(B) Chairman, State Bank of India
(C) Governor, Reserve Bank of India
(D) Finance Minister, GOI
(E) Prime Minister
Ans : (C)
38. In banking terminology NPA means—
(A) No promise account
(B) Non personal account
(C) Non performing asset
(D) Net performing asset
(E) New promising amblence
Ans : (C)
39. Who is the present RBI Governor ?
(A) Dr. Y. V. Reddy
(B) Dr. Ravi Mohan
(C) Dr. Smt. Usha Thorat
(D) Shri M. V. Nair
(E) Dr. D. Subbarao
Ans : (E)
40. The wheat based Nutrition programme is being implemented by which of the following Ministries/departments of the Govt. of India ?
(A) Ministry of Labour Welfare
(B) Department of Women and Child Development
(C) Department of Consumer Affairs
(D) Ministry of Agriculture
(E) Ministry of Planning
Ans : (B)
41. Which of the following is true about ‘Rajiv Gandhi Grameen Vidyutikaran Yojana of the Govt. of India ?
1. Its objective is electrification of all unelectrified villages
2. It was launched to provide free electricity to the farmers during the harvesting season
3. Each family covered under the scheme is eligible to get one free connection for a period of five years.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3
Ans : (A)
42. ‘Mahila Samakhya Scheme’ is launched by the ministry of—
(A) Human Resource Development
(B) Social Welfare
(C) Rural Development
(D) Agriculture
(E) Youth Affairs & Sports
Ans : (A)
43. National Rural Health Mission was launched in the year—
(A) 1995
(B) 2000
(C) 2007
(D) 2010
(E) 2005
Ans : (E)
44. Which of the following schemes is launched for providing health services in rural areas ?
(A) Operation flood
(B) Look east
(C) SJSRY
(D) JNNURM
(E) ASHA
Ans : (E)
45. Which of the following schemes is launched for the school going children ?
(A) Lok Jumbish
(B) Mid Day Meal
(C) Sarva Shiksha Abhiyan
(D) AYUSH
(E) None of these
Ans : (B)
46. Eligibility age for pension under Indira Gandhi National old age pension scheme for Below Poverty Line beneficiaries is now reduced to—
(A) 65 years
(B) 60 years
(C) 58 years
(D) 62 years
(E) 55 years
Ans : (B)
47. Which of the following schemes is launched by the Govt. of India to provide/develop infrastructure in rural areas ?
(A) Mahatma Gandhi National Rural Employment Guarantee Act
(B) Financial Action Task Force
(C) Pradhan Mantri Shahari Rozgar Yojana
(D) Bharat Nirman
(E) None of these
Ans : (A)
48. Govt. of India has launched special Green Revolution project for which of the following states/ group of states ?
(A) North-east states
(B) Bihar and Jharkhand
(C) West Bengal
(D) Tamil Nadu and Kerala
(E) None of these
Ans : (A)
49. ‘Sugam’ is a scheme launched for—
(A) Small tax payers
(B) Pensioners getting old age pension
(C) Big Corporate House
(D) Getting all sorts of permission/clearances for small exporters
(E) None of these
Ans : (A)
50. Govt. of India has created a special India Micro finance Equity Fund of Rs. 100 crores. The fund is maintained by—
(A) IDBI Bank
(B) RBI
(C) ECGC
(D) SIDBI
(E) NABARD
Ans : (D)
Saturday, September 17, 2011
IBPS PO/MT GENERAL AWARENESS PRACTICE QUESTIONS
1. Central Banking Investigation committee recommended in 1930 to establish .........?
1) SBI
2) SEBI
3) RBI
4) ONGC
5) Allahabad Bank
2. Reserve Bank of India was started with a share capital of Rs .........crores on 1 April 1935?
1) 100
2) 200
3) 5
4) 15
5) 250
3. All India Credit Survey Committee(1952) suggested to set up .........?
1) SBI
2) RBI
3) NABARD
4) SBH
5) IRDA
4. The first credit card was issued in India by VISA in .........?
1)1994
2)1991
3)2001
4)1986
5)1981
5. First international credit card issued by..........through VISA, getting special permission from RBI in 1987?
1) Andhra Bank
2) Corporation bank
3) ICICI
4) HDFC
5) None
6. The Central Government decided to give the loans to SHG(Self Help Groups) at .........% on par with Agriculture. ( International summit on Micro finance and Inclusive Development held on June 21, 2011 at Hyderabad)?
1) 6
2) 10
3) 15
4) 11
5) 7
7. The Local area banks were permitted to establish in .........?
1) 1986
2) 2001
3) 2006
4) 1991
5) 1996
8. Expand ECGC Ltd .........?
1) Export Cash Guarantee Corporation of India Life
2) Export Credit Guild Corporation of India Loop
3) Export Credit Guarantee Company of India Liability
4) Expand Credit Guarantee Corporation of India Limited
5) Export Credit Guarantee Corporation of India Limited
9. RBI conducts sales of dated securities and treasury bills through its .........?
1) Statutory Liquidity Ratio (SLR)
2) Negotiable Instruments
3) Open Market Operations
4) Bank Rate
5) None
10. ......... got $95.16 million loan agreement with the Asian Development Bank to strengthen tourism sector?
1) Goa
2) Himachal Pradesh
3) Andhra Pradesh
4) Bihar
5) Kerala
11. Central Bank of USA is .........?
1) Bank of America
2) Citi Bank
3) Federal Reserve
4) Reserve Bank of USA
5) Obama bank
12. Government securities Act passed in .........to stream line the government securities?
1) 2011
2) 2006
3) 2007
4) 2009
5) 2008
13. Hurricane Irene disturbed .........?
1) India
2) Pakistan
3) USA
4) Australia
5) Japan
14. Transition economies mean .........?
1) economies left modern economies and go to central or conventional set up
2) countries transforming from dictator ship to autocrat rule
3) economies that cancelled licensing system and hand over system to central bank
4) countries left European Union to join USA Exchange system
5) abandoned central or conventional set up and changing to modern market economies
15. Trotting Inflation means .........?
1) When prices down moderately and the annual inflation rate is a single digit
2) when prices rise in fast mode and the annual inflation rate is a double digit
3) when prices rise slowly and the annual inflation rate is a single digit
4) when prices rise moderately and the annual inflation rate is Zero
5) When prices rise moderately and the annual inflation rate is a single digit
16. On 6 September 2011, UNCTAD's Trade and Development Report 2011, projected an economic growth of 8.1 per cent for India. Expand UNCTAD?
1) United Nations Conference on Tier and Development
2) Unit Nations Conference on Trade and Development
3) United Nations Conference on Trade and Deal
4) Unique Nations Conference on Trade and Development
5) United Nations Conference on Trade and Development
17. ......... announced six months maternity leave for its women employees who adopt less than year old child in the month of July?
1) Rajasthan
2) Andhra Pradesh
3) Bihar
4) Jammu
5) Uttar Pradesh
18. Best performing state award for wheat for 2010-11 got by .........?
1) Punjab
2) Haryana
3) M.P.
4) Odisha
5) Tamilnadu
19. Keri Anne Payne belongs to .........?
1) Acquatics
2) polo
3) Cricket
4) Volleyball
5) Tennis
20. .........is the winner of Snooker World Champion ( 2011)?
1) Geeth Sethi
2) Yasin Merchant
3) Greme Dott
4) John Higgins
5) None
21. .........has the greatest number of newborn deaths more than 9 lakh a year?
1) Somalia
2) UK
3) India
4) Japan
5) Pakistan
22. ..........Indian firms made the cut in the list of world's 500 largest companies declared by Fortune Magazine?
1) 4
2) 6
3) 11
4) 8
5) 2
23. GMR Energy Limited establish 800 megawatt power project in .........getting $ 1 billion dollars fund from the 6 banks consortium?
1) USA
2) Singapore
3) UK
4) Japan
5) None
24. ..........is the third largest trading partner for India?
1) European Union
2) Japan
3) Russia
4) USA
5) Australia
25. ..........has sanctioned Rs. 1.5 crore to set up a kumki elephant (tamed/ trained) camp at Chadivayal at the foothills of Siruvani.?
1) Kerala
2) Karnataka
3) Tamil Nadu
4) Goa
5) Odisha
26. ..........the scheme introduced by Odisha enables pregnant women in rural areas to avail monetary assistance for accessing medical care?
1) Suguna
2) Sila
3) Bangram
4) Cloud
5) Mamata
27. ..........launched the First Gold Index in India with a Base Date of 2 January 2007?
1) BSE
2) CRISIL
3) NSE
4) SEBI
5) RBI
28. On 8 July 2011, the Central Government issued the new series of coins with improved design and revised size. The coins are .....?
1) 25 Paise, one rupee, two rupee, five rupee and ten rupee
2) one rupee, two rupee, five rupee and ten rupee
3) one rupee, two rupee, five rupee and hundred rupee
4) 50 Paise , one rupee, two rupee, five rupee and thousand rupee
5) 50 Paise, one rupee, two rupee, five rupee and ten rupee
29. ...........bank was penalized for Rs.25 lakh for violating norms relating to Know Your Customer (KYC)
1) UCO
2) Citi
3) SBI
4) Syndicate
5) Andhra
30. RBI allowed domestic companies to issue shares against the import of .......... goods, allowing them to expand the business.
1) Luxury
2) Cheap
3) Capital
4) White
5) Smuggled
31. The account in which trading of shares in their electronic form is ............?
1) NRI account
2) Foreign account
3) Trio account
4) Current account
5) DEMAT account
32. The Modern Banking System includes ............?
1) Customer Banking
2) Infusion of IT
3) Risk Based Management
4) Add on Services
5) All of above
33. ............is a term not used in Banking?
1) Advance
2) Garnishee
3) Lien
4) Emission
5) Crossing
34. Which among the following is not a part of Institutional Banking?
1) Commercial banks
2) Private Banks 3) Money Lenders
4) Co-operative Banks
5) Regional Rural Banks
35. Central bank is going to insist on a minimum asset size of more than
Rs............crore for registering any new non-banking finance company (NBFC)?
1) 100
2) 500
3) 50
4) 150
5) 60
36. Kamala Beniwal the Gujarath Governor appointed ............as the Lokayukta, with out the consulting State Government?
1) Justice R.A.Mehatha
2) Justice Balakrishnan
3) Justice Narashimhan
4) Justice Kalidasa
5) Justice Panduranga
37. Which is the first north eastern state to bring the Chief Minister under the jurisdiction of Lokayuktha on 26 August 2011?
1) Arunachal Pradesh
2) Sikkim
3) Assam
4) Manipur
5) Mizoram
38. Rogers cup winner is ............?
1) Maria Sharapova
2) Venus William
3) Serena Williams
4) Sania Mirza
5) None
39. On 13th August, ............ crores was abolished by the Union Government for hand weavers?
1)1500
2) 2000
3) 3000
4) 10000
5) 7500
40. The World Bank says that the world may see another recession worst than 2008 due to ............region crises?
1) USA
2) UK
3) France
4) Germany
5) Euro Zone
41. Expand EASIEST?
1) Electronic Account System in Excise and Service Tariff
2) Electric Accounting System in Excise and Service Tax
3) Electronic Accounting System in Exemption and Service Tax
4) Empowered Accounting System in Excise and Service Tax
5) Electronic Accounting System in Excise and Service Tax
42. On 29 August 2011, RBI issued Draft guidelines regarding the Licensing of New Banks in the Private Sector. Find out one not among them?
1) Entities having the share of 10 percent or more source of income from the construction sector/real estate not eligible to open new private banks
2) New banks will be set up through a wholly owned Non-Operative Holding Company (NOHC)
3) Minimum capital requirement will be 500 crore
4) At least 50 per cent of the directors of the NOHC should be independent directors
5) The aggregate non-resident share holding in the new bank shall not exceed 74 percent for the first 5 years
43. ............is the new corporate affairs minister?
1) Anand Sharma
2) Chidambaram
3) Manmohan Singh
4) Veerappa Moily
5) Vilasarao Deshmukh
44. Locate the wrong Award?
1) World's best Airline-Qatar Airways
2) Air India got second best Airline
3) Air Asia won the best Low-Cost Air line Award
4) Nordic Carriew Finnair bagged the Best Airline award in customer satisfaction award
5) None
45. South Sudan is the new country in the world map. Pick the wrong one?
1) Its capital is Juba
2) Salva Kiir Mayarditi is the first president
3) South Sudanese pound is the currency
4) It is 194 member in UNO
5) It is a 54 nation in Africa
46. G-20 farming meeting urgently called for the more agriculture production. The summit held in ............on 22, 23 June 2011?
1) Toranto
2) Paris
3) Tokyo
4) New Delhi
5) London
47. National Communal Harmony Award got by ............?
1) Hamid Ansari
2) Anna Hazare
3) Hareesh Handey
4) Mohammad Hanif Khan Shastri
5) Sonia Gandhi
ANSWERS:
1)3 2)3 3)1 4)5 5)1 6)5 7)5 8)5 9)3 10)2 11)3 12)2 13)3 14)5 15)5 16)5 17)1
18)2 19)1 20)4 21)3 22)4 23)2 24)4 25)3 26)5 27)2 28)5 29)2 30)3 31)5
32)5 33)4 34)3 35)3 36)1 37)3 38)3 39)5 40)5 41)5 42)5 43)4 44)2 45)4 46)2 47)4
Friday, September 16, 2011
Census 2011 Related Questions
1. What was the mascot of Census 2011?
(a) An Old man with Stick
(b) A Lion
(c) Female Enumerator
(d) A Bird on Indian Map
Answer: (c)
2. After Census 2011 India become _____ most populous country in the World?
(a) 7th
(b) 2nd
(c) 5th
(d) 4th
Answer: (c)
3. The combined population of Uttar Pradesh and Maharashtra is bigger than that of the.
(a) France
(b) Brazil
(c) USA
(d) UK
Answer: (c)
4. Which state has the has the lowest population growth rate?
(a) Mizoram
(b) Assam
(c) Manipur
(d) Nagaland
Answer: (d)
5. Which state/UT has the highest density of population?
(a) Mumbai
(b) Delhi
(c) Patna
(d) Bangalore
Answer: (b)
6. The employment rate in India is estimated at?
(a) 11.24%
(b) 9.24%
(c) 10.11%
(d) None of the above
Answer: (b)
7. As per the findings of Tendulkar Committee on Poverty , India’s poverty rate is estimated at____of the total population?
(a) 19.1%
(b) 37.2%
(c) 22.1%
(d) None of the above
Answer: (b)
8. The literacy rate has gone up from 64.83 per cent in 2001 to _____ per cent in 2011 showing an increase.
(a) 74.04%
(b) 68.1%
(c) 65.02%
(d) 72.2%
Answer: (a)
9. What is the Percentage growth in literacy during 2001-2011 for males?
(a) 12.1%
(b) 11.1%
(c) 31.98%
(d) 22.03%
Answer: (c)
10. What is the Percentage growth in literacy during 2001-2011 for females?
(a) 50%
(b) 33.4%
(c) 49.10%
(d) 32.9%
Answer: (c)
(a) An Old man with Stick
(b) A Lion
(c) Female Enumerator
(d) A Bird on Indian Map
Answer: (c)
2. After Census 2011 India become _____ most populous country in the World?
(a) 7th
(b) 2nd
(c) 5th
(d) 4th
Answer: (c)
3. The combined population of Uttar Pradesh and Maharashtra is bigger than that of the.
(a) France
(b) Brazil
(c) USA
(d) UK
Answer: (c)
4. Which state has the has the lowest population growth rate?
(a) Mizoram
(b) Assam
(c) Manipur
(d) Nagaland
Answer: (d)
5. Which state/UT has the highest density of population?
(a) Mumbai
(b) Delhi
(c) Patna
(d) Bangalore
Answer: (b)
6. The employment rate in India is estimated at?
(a) 11.24%
(b) 9.24%
(c) 10.11%
(d) None of the above
Answer: (b)
7. As per the findings of Tendulkar Committee on Poverty , India’s poverty rate is estimated at____of the total population?
(a) 19.1%
(b) 37.2%
(c) 22.1%
(d) None of the above
Answer: (b)
8. The literacy rate has gone up from 64.83 per cent in 2001 to _____ per cent in 2011 showing an increase.
(a) 74.04%
(b) 68.1%
(c) 65.02%
(d) 72.2%
Answer: (a)
9. What is the Percentage growth in literacy during 2001-2011 for males?
(a) 12.1%
(b) 11.1%
(c) 31.98%
(d) 22.03%
Answer: (c)
10. What is the Percentage growth in literacy during 2001-2011 for females?
(a) 50%
(b) 33.4%
(c) 49.10%
(d) 32.9%
Answer: (c)
IBPS PO/MT GENERAL AWARENESS PRACTICE QUESTIONS
1. As we all know banks publish their quarterly performance to bring transparency in the system and also to give a clear picture of their performance to the public. How were results of Quarter 2 different from the results of Quarter 1 of the listed banks including giants like SBI and ICICI banks?
(A) Performance was subdued in the Quarter 2.
(B) Yields on advances of almost all listed banks have come down.
(C) Advances grew at a slower pace when compared to deposits.
(a) Only A is true
(b) Only B is true
(c) Only C is true
(d) All A B and C are true
(e) None of these
Ans: (a)
2. After the Subprime crisis which of the following problems has hit the global economy/world markets recently?
(a) Dubai debt problem
(b) Change of Government in Japan and its new economic policies.
(c) High rate of inflation in India
(d) Extremely volatile behaviour of the Bombay Stock Exchange and other major Stock Exchanges world wide.
(e) None of these.
Ans: (a)
3. As per the news published in major newspapers in India Banks in India need about 12 lakh business correspondents for rural areas. What will be the role of these correspondents?
(A) They will help rural people in their day to day banking activities.
(B) They will work as a link between banks and the customers.
(C) They will ascertain eligibility of rural people so that relief packages can be provided to them.
(a) Only A
(b) Only B
(c) Only C
(d) All A. B and C
(e) None of these
Ans: (d)
4. It is evident that the economic slowdown still continues to weigh on the performance of the banks in India. How is this affecting banks and/or general public?
(a) The number of bank account holders has gone down
(b) The gross Non Performing Assets (NPAs) of the listed banks have increased substantially.
(c) Inflation has reached at a very high level
(d) Relief packages announced by the Government have proved insufficient to improve the situation of agri sector
(e) All of these
Ans: (e)
5. Why has Dr. Sublr Gokarn’s name been in the news recently?
(a) He has, taken over as the Deputy Governor of the RBI
(b) He has taken over as the Deputy Governor of the RBI
(c) He will be the new Deputy Chairman of the Planning Commission of India.
(d) He has taken over as the Chief of the Economic Advisory Council attached to Prime Minister's Office
(e) None of these
Ans: (b)
6. As published invarious newspapers, the Experian Credit Information Company of India is going to launch its operation in India soon. At present the only credit information bureau fuctional in India is
(a) AMFI
(b) ICRA
(c) CIBIL
(d) CRISIL
(e) None of these
Ans: (d)
7. As per the news published, in a financial population RBI is redesinging its 'ECS' to function as a Automated Clearing House (ACH) for bulk transactions. What is full form of 'ECS'?
(a) Extra Closing System
(b) Electronic Cheque System
(c) Evening Cheque Sorter
(d) Evening Cheque System
(e) Electronic Clearing Service
Ans: (e)
8. Which of the following challenges will be the most crucial for human existence on earth in the days to come?
(a) Pollution
(b) Food Secudty
(c) Availability of natural gas
(d) Need for Financial Inclusion
(e) Cyber Crimes
Ans: (a)
9. The Reserve Bank of India has asked all the banks to install. "Note Sorting Machines" in the branches. How will this help banks and the general public?
(A) The machines will check for counterfeit notes and drop these from circulation. .
(B) This will help banks to count the notes quickly and accurately.
(C) This will help in sorting out soiled 1I0teS so that they are not reissued by the banks.
(a) Only B
(b) Only A
(c) Only C
(d) Only A and B
(e) None of these
Ans: (a)
10. A study report entitled "India Generation Gap Review" was presented at the World Economic Forum in November 2009. This was presented during which of the following summits/conferences?
(a) G-8 Summit
(b) G-20 Summit
(c) India Economic Summit
(d) SAARC Finance Ministers' Conference
(e) None of these
Ans: (c)
11. As we know the Government of India has notified certain new rules to calculate Income Tax on various perks like accommodation and conveyance etc. being given by employers to their salaried employees. The new rules will replace which of the following taxes which has been abolished now?
(a) Capital Gains Tax
(b) Sales Tax
(c) Cash Transaction Tax
(d) Fringe Benefit Tax
(e) None of these
Ans: (c)
12. Dr. K. Radhakrishnan has taken over as the Chief of -
(a) Electionics Commission
(b) Indian Space Research Organisation
(c) Atomic Energy Commission of India
(d) Deputy Governor of Reserve Bank of India
(e) None of these
Ans: (b)
13. As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw upto Rs .1,000 using their debit cards from notified shops/stores. allover the country. All such shops/stores will have 'pas' terminals for the same. What is full form of the 'pas'?
(a) Payment on Sale
(b) Power of Sale.
(c) Point of Sale
(d) Payment Order Service
(e) None of these.
Ans: (c)
14. The working group set up by the RBI has suggested-the launch of an Emergency Fund Facility Scheme for banks. This scheme will help which of the following types of banks?
(a) Public Sector Banks
(b) Small Banks
(c) Urban Cooperative Banks
(d) Private Banks
(e) Foreign Banks
Ans: (c)
15. As published in major newspapers public sector banks have asked the Government of India to provide more funds for "Capital Infusion". How much is the need of PSBs collectively for the purpose? (Rs. in crores)?
(a) 10,000
(b) 15,000
(c) 20.000
(d) 25,000
(e) 30,000
Ans: (d)
16. Who amongst the following has purchased about 200 tonnes of gold from international Monetary Fund (IMF) in 2009?
(a) Infrastructure Finance Company Ltd.
(b) Bombay Stock Exchange of India
(c) Gold Council of India
(d) Reserve Bank of India
(e) None of these
Ans: (d)
17. One of the major emphasis of Basel II is that banks, should have
(a) adequate Capital Adequacy Ratio
(b) only few branches in urban centres
(c) more and more branches in rural areas
(d) core banking mode of operation
(e) all the above to comply with Basel II norms
Ans: (a)
18. As per the reports published by various agencies/organisation, it is estimated that around 3 billion extra people will join our existing population of 6 billion by the year 2050. To provide food for all of them, a second round which of the following initiatives is required to be start much in advance?
(a) Green Revolution
(b) Planned Urbanisation
(c) Industrialisation
(d) Climate Migration
(e) All of these
Ans: (e)
19. Who amongst the following is the President of the European Union at present?
(a) Catherine Ashton
(b) Mr. Jose Manuel Barroso,
(c) Mr. Fredrik Reinfeldt
(d) Mr. Sergi Lavrov
(e) None of these
Ans: (e)
20. As per the reports published in various newspapers, and journals almost all big nations are trying their best to resolve various disputes between the nations where in either the are a party or because of that their peace and stability many be affected. Stability in which of the following two nations is more vital to India than that of any other nations?
(a) Bangladesh & China
(b) China & USA
(c) Iraq & Russia
(d) South & North Korea
(e) Pakistan & Afghanistan
Ans: (e)
21. India's bilateral per annum trade with European Union at present is about -
(a) 50 billion US $
(b) 75. billion US $
(c) 100 billion US $
(d) 150 billion US $
(e) 200 billion US $
Ans: (b)
22. Some world bodies/organisations/agencies are of the view that agriculture should adopt a "Cross Disciplinary Approach", and fake help of all types of sciences and studies. This approach will help in which of the following crucial problems being faced by humanity?
(a) Use of Genetically Modified Crop
(b) Melting of glaciers
(c) Food crisis
(d) Climate change
(e) None of these
Ans: (c)
23. An agreement between two nations or a group of nations which establishes unimpeded exchange and flow of goods and services between/among trade partners regardless of national boundaries is called-
(a) Import Free Agreement
(b) Free Trade-Agreement
(c) Export Free Agreement
(d) Special Economic Zone Agreement
Ans: (b)
24. Which of the following correctly describe what "One Carbon Credit" is?
(A) Credit permit to release one ton of carbon dioxide.
(B) Providing loans to establish one new production unit which can produce carbon dioxide for Industrial use.
(C) Finding out one new business which can use and recycle green house gases.
(a) Only C
(b) Only B
(c) Only A
(d) All A, B and C
(e) None of these
Ans: (c)
25. As per various reports issued by the UNO and other world bodies, agricultural and allied, activities consume what percentage of global water resources every year?
(a) 15%
(b) 30%
(c) 50%
(d) 70%
(e) 60%
Ans: (d)
26. The Food and Agriculture Organisation (FAO) is a wing/agency of the _
(a) World Bank
(b) United Nations Organisation
(c) Asian Development Bank
(d) Ministry of Agriculture Government of India
(e) None of these
Ans: (b)
27. As a policy India does not encourage tree, movement of unskilled labours from _
(a) Gulf Countries
(b) USA and South American Nations
(c) European Union Nations
(d) All these nations
(e) None of these
Ans: (d)
28. The Government of India has decided to disinvest its share in major listed public sector under-takings. How much of its share will be off loaded in this method?
(a) 2%
(b) 4%
(c) 8%
(d) 10%
(e) None of these
Ans: (d)
29. The United Nations Development Fund for Women (UNIFEM) is working in an Indian city to make it safe for women. Which of the following is that city?
(a) Pune
(b) Kolkata
(c) Delhi
(d) Mumbai
(e) Lucknow
Ans: (c)
30. At present the trade between India and China is in a state of "Payment Imbalance", What does this mean in real terms?
(A) China does not import many items from India whereas India-imports more from. China.
(B) China does not pay India in time and a lot of delay is reported by the exporters.
(C) India wants all payments to be made in US Dollars whereas China pays in its own currency.
(a) Only A
(b) Only B
(c) Only C
(d) All A, B and C
(e) None of these
Ans: (d)
31. India has signed an agreement on climate change with which of the following countries recently?
(a) USA
(b) Russia
(c) United Kingdom
(d) Australia
(e) China
Ans: (e)
32. Some Scientists are of the opinion that extra agricultural production should be achieved. without, going for the cultivation of extra land and also without causing damage to essential eco-system. This concept, in other words, is known as-
(a) Sustainable growth
(b) Renewability of Inputs
(c) Global Melt down
(d) Climate Migration
(e) None of these
Ans: (a)
33. Mr. Z. E. A. Ben Ali has taken over as the President of -
(a) Tunisia
(b) Malaysia
(c) Indonesia
(d) Kuwait
(e) None of these
Ans: (a)
34. Which of the following is NOT a Government of India undertaking?
(a) Oil India Ltd.
(b) Sutlej Jal Vidyut Nigam Ltd.
(c) ICICI Bank
(d) National Thermal Power Corporation Ltd.
(e) Rural Electrification Corporation Ltd.
Ans: (c)
35. India shares its border with China along the Himalayan range. Which of the following states touches the border of China.
(a) Punjab
(b) Bihar
(c) Arunachal Pradesh
(d) chhattisgarh
(e) All of these
Ans: (c)
36. Which of the following has been the growth of India's GDP during 2008-09? (Final data are issued in late 2009).
(a) 5%
(b) 5.5%
(c) 6%
(d) 6.5%
(e) None of these
Ans: (d)
37. Which of the following ministries has launched a new "Skill Development Initiative Scheme" so that the employability of the young people can be increased?
(a) Ministry of Finance
(b) Ministry of Agriculture
(c) Ministry of Heavy Industry
(d) Ministry of Home Affairs
(e) Ministry of Labour and Employment
Ans: (a)
38. Sachin Tendulkar has recently, become the first cricketer in ODI history to cross the milestone of
(a) 10000 runs
(b) 12000 runs
(c) 15000 runs
(d) 17000 runs
(e) 20000 runs
Ans: (d)
39. The East Asia Summit took place in October 2009 in Hua Hin town, This is a town in -
(a) China
(b) Myanmar
(c) Cambodia
(d) Malaysia
(e) Thailand
Ans: (e)
40. What percent of India's GDP is invested in providing education?
(a) 1%
(b) 2.5%
(c) 4%
(d) 6%
(e) None of these
Ans: (a)
41. India has recently gained the status of becoming the third largest producer of Steel in the world. Who is the largest producer?
(a) USA
(b) Russia
(c) Japan
(d) China
(e) None of these
Ans: (d)
42. Dadaab Refugee Camp which was, in the news recently is located in which of the following countries?
(a) Sudan
(b) Iraq
(c) Pakistan
(d) Afghanistan
(e) Kenya
Ans: (e)
43. Which of the following countries, objected to the Indian Prime Minister's recent visit to Arunachal Pradesh?
(a) Pakistan
(b) Nepal
(c) Myanmar
(d) Bhutan
(e) None of these
Ans: (e)
44. Which of the following is NOT associated with climate change and/or Global Warming?
(a) Basel Norms
(b) Bali Meet 2007
(c) Copenhagen Conference
(d) Kyoto Protocol
(e) Bangkok Meet in 2009
Ans: (a)
45. Which of the following terms is used in the game of Hockey?
(a) Baseline
(b) Smash
(c) Drop
(d) Centre Forward
(e) None of these
Ans: (d)
46. Which of the following Geneticaly Modified vegetables is recently being made available in Indian markets?
(a) Carrot
(b) Radish
(c) Brinjal
(d) Potato
(e) None of these
Ans: (e)
47. Each Nobel Prize winner gets an amount of 10, million Swedish-
(a) Kroner
(b) Dollar
(c) Yen
(d) Pound
(e) Euro
Ans: (a)
48. Which of the following is NOT a plant product?
(a) Camphor
(b) Aloe Vera
(c) Vanilla
(d) Kiwi
(e) All are plant products
Ans: (e)
49. Dr. Venkatraman Ramakrishnan is one of the recipients the Nobel Prize in the field of__
(a) Physics
(b) Chemistry
(c) Medicine
(d) Economics
(e) Literature
Ans: (b)
50. As per the reports published in newspapers the Government of India has asked all the states to conduct a 'Social Audit” of each and every work of which of the following scheme,
(a) National Rural Employment Guarantee Act
(b) Pradhan Mantri Gram Sadak Yojana
(c) Indira Aawas Yojana
(d) Rajiv Gandhi Grameen Vidyutikaran Yojana
(e) None of these.
Ans: (a)
51. Which of the following is NOT the name of a major Lai Tennis Tournament?
(a) U S Open
(b) Wimbledon
(c) French Open
(d) Grand Master
(e) Australian Open
Ans: (d)
52. 'Derby' is associated with which of the following sports events?
(a) Horse Racing
(b) Chess
(c) Cricket
(d) Hockey
(e) Football
Ans: (a)
53. Which of the following terms is NOT used in Banking and Finance?
(a) Bid Price
(b) Jacksonian Seizure
(c) Call Option
(d) Bluechip
(e) Dividend
Ans: (b)
54. Dada Saheb Phalke Award is given for the exemplary won in the field of -
(a) Literature
(b) Music
(c) Films
(d) Sports
(e) None of these
Ans: (c)
55. Who amongst the following is the Chief Justice of India at present?
(a) Justice R. C. Lahoti
(b) Justice Y.K. Sabharwal
(c) Justice G. P. Mathur
(d) Justice K.G. Balakrishnan
(e) None of these
Ans: (d)
56. Which of the fallowing terms is NOT used in Econamics?
(a) Exogenous
(b) Depreciation
(c) Deep Market
(d) Zero Sum Game
(e) Handedness
Ans: (e)
57. Who amongst the fallowing is NOT a lawn Tennis player?
(a) Cara Black
(b) Dinara Safina
(c) Jelena Jankovic
(d) Leander Paes
(e) Anand Pawar
Ans: (e)
58. Which of the following books is written by V.S. Naipaul?
(a) A Woman Alone
(b) The Open Cauple
(c) The Grass is Singing
(d) The Golden Notebook
(e) Half a Life
Ans: (e)
59. Sri Balraj Puri, who was in the news recently, is a famous _
(a) Classical Singer
(b) Cine Actor
(c) Social Warker
(d) Sportsman
(e) Journalist
Ans: (e)
60. Which of the following is caused by H5NI virus?
(a) Yellow fever
(b) Measles
(c) Plague
(d) Bird flu
(e) None of these
Ans: (d)
61. Which of the following rivers is NOT in India?
(a) Tapti
(b) Ural
(c) Mahi
(d) Mahanadi
(e) Penner
Ans: (b)
62. Mr. Mohamed Nasheed was on a five day state visit to India recently. He is the President of -
(a) Bangladesh
(b) Iran
(c) Indonesia
(d) Maldives
(e) None of these
Ans: (d)
63. India celebrated which of the following Birth Anniversary of Mahatma Gandhi in October 2009?
(a) 110
(b) 120
(c) 130
(d) 140
(e) None of these
Ans: (d)
64. Which of the following states has launched e-Shakti Programme so that poverty can be reduced in the state?
(a) Delhi
(b) Maharashtra
(c) Uttar Pradesh
(d) Bihar
(e) None of these
Ans: (d)
65. Which of the following schemes is launched by the Government of India to improve the health of pregnant and lactating mothers?
(a) Matritva Sahayog Yojana
(b) Dhan Lakshmi Yojana
(c) ASHA
(d) Health for All Scheme
(e) None of these
Ans: (a)
66. As per the decision taken by the Orissa cabinet the new name of the state would be written as _
(a) Odisha
(b) Orissha
(c) Aurissa
(d) Horissa
(e) None of these
Ans: (a)
67. India recently organized sixth ministerial level of Indo-US- TPF. What is full form of TPF?
(a) Trade Policy Forum
(b) Traditional Planning Force
(c) Trade and Payment Finance
(d) Technical Planning Force
(e) None of these
Ans: (a)
68. Which of the following is the abbreviated name of state level agency on afforestation created by the Government of India?
(a) NDMA
(b) SFDA
(c) ICMJE
(d) JCCROM
(e) None of these
Ans: (e)
69. Which of the following states has launched 'Atta-Dal Scheme' under which atta and dal Will be supplied at affordable prices to ration card holders?
(a) Rajasthan
(b) Gujarat
(c) Uttar Pradesh
(d) Orissa
(e) None of these
Ans: (a)
70. Which of the following states has the maximum number of Sugar mills?
(a) Bihar
(b) Rajasthan
(c) Gujarat
(d) Haryana
(e) None of these
Ans: (e)
71. India purchased the Barak Anti Missile Defence System from –
(a) USA
(b) Japan
(c) France
(d) Israel
(e) None of these
Ans: (d)
72. Mullaperiyar Dam is built on which of the following rivers?
(a) Pamba
(b) Godavari
(c) Krishna
(d) Cauvery
(e) None of these
Ans: (e)
73. Which of the following countries won the Champions Trophy Cricket Tournament 2009?
(a) England
(b) Pakistan
(c) Australia
(d) New Zealand
(e) None of these
Ans: (c)
74. Who amongst the following has not been nominated for Man Booker Prize -2009?'
(a) J.M. Coetzee
(b) Hilary Mantel
(c) Sarah Waters
(d) Thomas Cromwell
(e) None of these
Ans: (d)
75. Shanti Swarup Bhatnagar Awards are given far excellence in the field of-
(a) Sports
(b) Economics
(c) Science and Technology
(d) Cinema
(e) None of these
Ans: (c)
Thursday, September 15, 2011
Tamil Nadu to introduce ‘samadhan' scheme
The Tamil Nadu Government is set to revise the guideline value of property and introduce a ‘samadhan' scheme for settlement of disputes in stamp duty and commercial taxes.
According to the policy note of the Registration Department, there has been a manifold increase in real estate price following the last revision of guideline values in August 2007.
The Government has taken steps to constitute valuation committees at the State and District levels realign guideline values with market rates.
The State-level committee will be headed by the Inspector General of Registration and district level sub-committees by the District Collectors. Work is on in all the 32 districts.
The State Government is also planning to introduce a ‘samadhan' scheme to resolve the disputes relating to stamp duty and fixation of market value for documents to be registered. A notification is expected soon and this would help free Rs 125 crore of money locked up pending a decision on the market value.
The revenue to the department from documents registered has grown to Rs 5,020.50 crore 2010-11 from a jump of 20 per cent over that of the previous year when the revenue was Rs 3,818.25.
The number of documents registered also increased to 32.80 lakh (27.31 lakh).
Commercial Taxes
Revenue collection by the Commercial Taxes Department is Rs 11,722 crore as of July 2011-12.
This is a 20 per cent jump over that of the same period in the previous year. In 2010-11, the total revenue was Rs 31,117 crore.
The policy note on commercial taxes also mentions plans to introduce a ‘samadhan' scheme for expediting dispute resolution of arrears.
The scheme relating to arrears under the Tamil Nadu General Sales Tax Act is likely to be October 1, 2011 to March 31, 2012.
The Government has said that following the introduction of Value-Added Tax from the earlier TNGST in January 2007, the State Government has claimed compensation of Rs 4,011.80 crore for VAT loss.
However, only Rs 3,361.36 crore has been received and the balance of Rs 650.44 is pending.
On revenue loss following the phasing out of Central Sales Tax due to introduction of VAT, the net amount payable by the Centre is Rs 4,188.38 crore as of 2009-10 but Rs 2,577.58 crore has been received leaving a shortfall of Rs 1,610.80 crore.
For 2010-11, a compensation claim of Rs 2,309.24 crore has been sent based on previous years guidelines as the Centre is yet to announced the guidelines for the year.
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