Which of the following correctly defines what National Income means ?A) It is the total earning of the employees of the Central Government, all the State governments, all MLAs, MPs and Ministers, etc. put together.B) It is aggregate factor income which arises from the current production of goods and services by the economy of a country.C) It is the total value of the goods produced in various production centers run by the State and Union Governments. (1) Only A (2) Only B (3) Only C (4) Only B & C (5) None of these

The increase in the world population has been accompanied by a major shift in its distribution. The share of the developed countries in the world population is approximately. (1) 15% (2) 20% (3) 25% (4) 33% (5) 38%

Which of the following statements is/are true?A) A substantial part of the population of the South Asian countries do not have access to the safe drinking water.B) The pattern of water consumption in the region is about 95% in agriculture and remaining 5% in industries. No water for domestic use.C) The time is such that almost one out of the four hospital beds is occupied by a patient who is ill because of water pollution. (1) A & C only (2) Only A (3) Only C (4) Only A & B (5) A, B & C

Which of the following is not the short name of a programme designed for the employment generation? (1) EAS (2) PMIUPEP (3) TRYSEM (4) CAPART (5) SJGSY

Which of the following is NOT a part of the Annapurna Yojana?A) Every family will be provided 10 kg of food grains if they are a family identified as living below poverty line.B) All those who were getting pension as Senior Citizens are covered under the Scheme.C) Only women are covered under this scheme. (1) Only a (2) Only B (3) Only A & B (4) Only C (5) All A, B & C

The RBI announces Credit Policy twice in a year. What is the significance of the Credit Policy. Which of the following is/are the CORRECT statement(s) in this regard?A) It is a measure to influence the amount of money and credit in Indian economy.B) Credit Policy is a control on the rate of interest offered by the Banks on their products.C) It is an indication to the market that how they can plan their production decisions.D) It is the green signal to the Union Government that they can plan their budget and introduce new taxes if they so desire. (1) Only A (2) Only A & B (3) Only B & C (4) Only A, B & C (5) None of these

The RBI has four chief weapons to control or maintain desired equilibrium in the economy of the country. Which of the following is NOT one of them? (1) Open market operations (2) Reserve requirement (banks have to keep a part of deposits in reserve) (3) Repo rate (4) Bank rate (5) Introducing new taxes/levies, etc.

TCS,

The Government of India is seriously thinking to repeal which of the following acts? (1) FERA (2) FEMA (3) Rent Control Act (4) POTA (5) None of these

Which of the following statements is/are correct in respect of the exports of jewellery from India (Pick up correct statements)?A) Last year, the export of gems and jewellery from India reached at a level of US $ 10 billion for the first time.B) India got top position in exports market of gems and jewellery because of higher unit value realization for cut and polished diamonds in which India dominates.C) China & South Africa are the India?s two major competitors in the field of exports of gems and jewellery. (1) Only A & B (2) Only B (3) Only B & C (4) Only C (5) Only A & B

Approximately, what percent of the total oil production of the world is produced by OPEC nations ? (1) 33% (2) 45% (3) 50% (4) 65% (5) 75%

Which of the following countries announced that it will help Pakistan to build a nuclear power plant ? (1) S. Korea (2) China (3) Russia (4) France (5) None of these

Noise pollution is measured in (1) Microns (2) Nautical miles (3) Ohms (4) Amperes (5) Decibels

The reservation of seats for SCs and STs in the Parliament is extended for a period of how many years after 2000? (1) 5 years (2) 6 years (3) 8 years (4) 10 years (5) None of these

Which of the following non-trade issues has taken a dominance in WTO agenda? (1) Patents (2) Genetically-modified crops (3) Free trade (4) Environment (5) None of these

Which of the following cities is famous for trading of diamonds in India? (1) Jaipur (2) Surat (3) Mumbai (4) Bangalore (5) None of these