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Economy & Industry GENERAL STUDIES QUESTIONS Economy & Industry 1. Which of the following is not a Central Government tax? a. Corporation Tax b. Land Revenue c. Customs Duty d. Income Tax Ans : B 2. The main cause of International Trade is a. Equal cost difference b. Absolute cost difference c. Comparative cost difference Ans :C 3. Which petroleum company has introduced an improved quality petrol called 'Speed'? a. Bharat Petroleum b. Indian Oil c. Hindustan Petroleum d. None of these Ans : A 4. In the recent past, Reliance has found the gas in.......... a. Mumbai offshore b. Mahanadi basin c. Krishna -Godavari basin d. Kaveri basin Ans : C 5. Which company uses the ad line, 'Knowing is everything'? a. BBC World b. Star c. Sony d. Zee Ans : A 6. K.L.M. Royal Airlines belongs to a. Italy b. Japan c. Netherlands d. Austria Ans : C 7. Who among the following persons is closely associated with the leading company ITC Ltd? a. M.S Banga b. K. Gopalkrishnan c. Yogi Deveshwar d. Deepak Satwalekar Ans : C 8. Varishtha Pension Bima Yojana has been launched by a. National Insurance Co. b. United India Insurance Co. c. LIC of India d. Oriental Insurance Co. Ans : C 9. Suvidha Fixed Deposit scheme was launched by which bank? a. IDBI b. ICICI c. SBI d. City Bank Ans : A 10. BPO is an abbreviation for a. Bharat Petroleum Organisation b. Business Process Outsourcing c. Business Products Outsourcing d. Bharat Pesticides Outlet Ans : B 11. Which one of the following is not manufacturing mobile telephone handsets? a. Samsung b. Nokia c. Videocon d. Sony Ans : C 12. Which is the largest tea producing country in the world? a. Kenya b. Indonesia c. China d. India Ans : D 13. Recession in the market implies a. Slump in trade & industry due to fall in demand b. Increase in trade industry due to rise in demand c. No change in trade and industry due to stability in demand d. None of these Ans : A 14. 'Bottle neck inflation' means a. No rise in prices despite increase in aggregate demand b. Rise in prices without increase in the aggregate demand c. Decline in prices due to increase in aggregate demand d. None of these Ans : B 15. Nandan Nilekani is associated with which company? a. Satyam Computers b. Wipro c. Infosys d. Polaris Ans : C 16. Which is South Korea's largest car manufacturing company? a. Hyundai b. Honda c. Suzuki d. Toyota Ans : A 17. Ashok Leyland is owned by the a. Tatas b. Birlas c. Hindujas d. None of these Ans : C 18. NABARD stands for a. National Bank of Agriculture and Regional Development b. National Bank for Agriculture and Rural Development c. National Bureau of Aeronautical Research and Development d. None of these Ans : B 19. The part of profit or other surpluses of a company distributed proportionately among shareholders is called a. Preference Share b. Equity Share c. Face Value d. None of these Ans : B 20. Which brand/company uses the ad line "We know India better"? a. Max New York Life Insurance b. LIC of India c. Amul d. Bajaj Ans : B 21. Zero Coupon Bonds are that variety of loans a. which fail to yield an income for the creditors b. which are issued at a discount and redeemed at par c. on which the entire interest income is paid at the time of purchase d. the market price of which may fall suddenly and heavily Ans : B 22. The term 'Third World' refers to Economically developing nations 23. ADB was setup in the year 1966 24. National Stock Exchange (NSE) was established in the year 1992 25. SEBI was established in the year 1988 26. Bombay Stock Exchange (BSE) was setup in the year 1978 27. GIC was setup in the year 1973 28. LIC was established in the year 1956 29. HDFC was established in the year 1977 30. HUDCO was setup in the year 1970 31. NABARD was established in the year 1982 32. SIDBI was setup in the year 1990 33. IDBI was setup in the year 1964 34. Industrial Finance Corporation of India (IFCI) was established in the year 1948 35. Industrial Credit and Investment Corporation of India (ICICI) was established in the year 1955 36. Reserve Bank of India was established in the year 1935 37. The oldest oil refinery in India is located in Digboi (Assam) 38. Command Area Development Program was launched to Ensure better utilization of irrigation potential 39. Which two iron and steel plants have been setup in collaboration with the former Soviet Union Bokaro and Bhilai 40. Which city is known as the silicon valley of India Bangalore 41. Ranigiri in Andhra Pradesh is famous for Gold 42. Where has the Geological Survey of India located most of India Chromite deposits Cuttack 43. Firozabad in U.P is famous for which industry Glass 44. Which is the largest rubber producing state in India Kerala 45. Ankaleshwar in India is known for the production of a. Petroleum b. Coal c. Iron ore d. Bauxite Ans : A 46. For which one of the following items, Tirupur is famous as a huge exporter to many parts of the world a. Handicrafts b. Gems and Jewelry c. Leather goods d. Knitted garments Ans : D 47. Which of the following Indian cities was the venue for the festival of Gold 2005 a. Chennai b. Delhi c. Kolkotha d. Bangalore Ans : B 48. Which of the following states is the largest producer of cashew nuts in India a. Tamil Nadu b. Assam c. Kerala d. Karnataka Ans : C 49. Which Indian state leads in the production of cotton Maharashtra 50. The region known as the Rice-Bowl of India is Krishna-Godavari Delta region Geography 1.Name the world only floating National park Ans : Keibul Lamjao 2.Kimberley mines in South Africa is famous for a. Silver b. Coal c. Gold d. Diamonds Ans : D 3.The length of the river Nile from its remotest headstream in Burundi is Ans : 6695 km 4.Which is the principle source of the river Nile Ans : Lake Victoria 5.The longest river in the world Nile flows north to the Mediterranean Sea through the countries Ans : Uganda, Sudan and Egypt 6.The term Dawn Under denotes a. Arctic Ocean b. Australia c. Cape of Good Hope d. South Pole Ans : B 7.The term COP is related with Ans : UN framework on climate change held in Italy 8.Pong dam has been constructed over the river Ans : Beas 9.What is Angkor Wat of Kampuchea Ans : A temple 10.Which is the longest river in the African continent Ans : Nile 11.What is sobriquet (Geographical surname) of Finland Ans : The land of Thousand Lakes 12.Durand line is the International boundary which separates the countries Ans : Pakistan-Afghanistan 13.Which countries are linked by the Khyber Pass Ans : Afghanistan and Pakistan 14.The longest river in the world Nile, drains into which sea Ans : Mediterranean Sea 15.Po is the largest river of Ans : Italy 16.The Great Barrier Reef is situated on the coast of Ans : Australia 17.The third largest continent in the world Ans : North America 18.The longest river of Europe is Ans : Volga 19.A European country has 5500 lakes within its territory. Which is the country Ans : Finland 20.Eritrea is on the banks of which sea Ans : Red sea 21.The Grand Canyon is located on the Ans : Colorado River 22.The second largest desert in the world is Ans : Gobi 23.The largest desert in the world is Ans : Sahara 24.Location of Mohave desert is in Ans : Southwestern United States 25.Location of Simpson desert is in Ans : Australia 26.Location of Thar desert is in Ans : India/Pakistan 27.Location of Kyzyl Kum desert is in Ans : Uzbekistan 28.Location of Kalahari desert is in Ans : Southwestern Africa 29.Location of Sonoran desert is in Ans : Mexico/southwestern United States 30.Takla Makan desert is in which country Ans : Northern China 31.Chihuahuan desert is in Ans : Mexico/southwestern United States 32.Great Victoria desert is in Ans : Southwestern Australia 33.Great Sandy desert is in Ans : Northwestern Australia 34.Rub al Khali desert in in Ans : Southern Arabian peninsula 35.Patagonian desert is in which country Ans : Argentina 36.Congo river falls into which ocean Ans : Atlantic Ocean 37.The fifth largest river in the world is Ans : Congo river 38.The second longest river in Africa after the Nile is Ans : Congo 39.Earth is the third nearest planet to the Sun orbiting between the planets Ans : Venus and Mars 40.The wind blowing in a spiral form around a region of low atmospheric pressure is a Ans : Cyclone 41.What is a leap year Ans : Year in which the month of February has 29 days 42.What is called the two points in the calender when we experience the longest day or the longest night of the year Ans : Solstice 43.Term applied to either of the two points in the ecliptic at which the sun is farthest from the celestial equator Ans : Solstice 44.The equinoxes occur around Ans : March 21 and September 23 45.One of two times of year when the sun position makes day and night of nearly equal length in all parts of the earth Ans : Equinoxes 46.Earth moves faster at Ans : Perihelion 47.Earths distance from the sun has little to do with seasons. Instead, what causes seasonal climate changes Ans : The tilt of the earth on its axis 48.The earth's perihelion occurs in the month of Ans : January 49.The earths aphelion occurs in the month of Ans : July 50.The earths aphelion is only about ......
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