BA&a Questions Answers Aug - Oct 2013-01.11.2013

8/13/2019 BA&a Questions Answers Aug - Oct 2013-01.11.2013

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What amount was raised by the Food Corporation of India (FCI) by issuing taxablebonds backed by Government of India Guarantee in order to meet the additional working capital requirement?A. 5000 crore RupeesB. 4000 crore RupeesC. 3000 crore RupeesD. 2500 crore RupeesANSWER: A

As per the Society of Indian Automobile Manufacturers (SIAM) with what percent the auto Sales in India was dropped, hitting a 10 year lowest sales percentage?A. 4.6 PercentB. 6.7 PercentC. 3.5 PercentD. 2.5 PercentANSWER: B

What is the slashed percentage in World Trade Growth Forecast by World Trade Organization in year 2013?A. 3.6 PercentB. 3.2 PercentC. 2.6 PercentD. 3.3 PercentANSWER: D

By what percent the production of eight core sector industries decreased in themonth of February 2013, for the first time in 2012-13 financial year?A. 3.5 PercentB. 2 PercentC. 2.5 PercentD. 4 PercentANSWER: C

The Cabinet Committee on Economic Affairs(CCEA) on 2 April 2013 approved the proposal of the Ministry of Home Affairs for continuation of the Scheme for SpecialInfrastructure (SIS) during the 12th Plan period in which extremism affected states ?

A. Left Wing Extremism (LWE)B. Right Wing ExtremismC. Centre wing ExtremismD. None of the AboveANSWER: A

The Cabinet Committee on Economic Affairs gave its approval for the four laningof the Jorhat-Demow section of which National Highway- in the state of Assam?A. National Highway- 37B. National Highway- 24C. National Highway- 19D. National Highway- 17ANSWER: A

What amount was sanctioned by the Union Government of India on 5 April 2013 forpollution abatement schemes of rivers and lakes in different states?A. 4065.81 crore rupeesB. 4063.65 crore rupeesC. 4036.81 crore rupeesD. 4029.54 crore rupeesANSWER: A

Name the city where the Two-day International Workshop on Green National Account


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ing for India was finished on 6 April 2013.A. KolkataB. MumbaiC. New DelhiD. HyderabadANSWER: C

Union Government of India on 7 March 2013 approved export of what quantity of wheat from its Godowns?A. 10 Miilion TonnesB. 5 Million TonnesC. 15 Milion TonnesD. 20 Million TonnesANSWER: B

What is the hike percentage on Defence Budget over the last year 2012-13, as allocated in the Union budget 2013-14 thus promising more funds required for national security?A. 14 PercentB. 12 PercentC. 10 PercentD. 9 PercentANSWER: A

What is the percentage of Investment allowance as proposed in the Union Budget 2013-14 for investment in plant & machinery?A. 10 PercentB. 12 PercentC. 13 PercentD. 15 PercentANSWER: D

Which of the financial regulator is not included among four financial regulatorswho signed an agreement on 8 March 2013 among each other for co-operation on consolidated supervision and monitoring of financial groups?A. RBI

B. SEBIC. Insurance Regulatory and Development AuthorityD. IMFANSWER: D

What growth percent is estimated by World Bank for the Indian Economy during 2013-14?A. 6 PercentB. 7 PercentC. 8 PercentD. 4 PercentANSWER: A

What is the number of Fuel Supply Pact signed by Coal India Limited with different Power Plants in Year 2013?A. 46B. 54C. 56D. 53ANSWER: C

Union Government on 12 March 2013 decided to provide a financial assistance of 41.21 crore rupees to protect which special breed of goat that produces world-fam


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ous fine luxury fibre?A. BarbariB. PashminaC. MalbariD. MehsanaANSWER: B

What percent of Growth rate was pegged by India's Economic Survey for 2012-13 for the fiscal year 2013-14?A. 6.1-6.7 PercentB. 5.6-5.9 PercentC. 6.2-6.9 PercentD. 5.1-5.7 PercentANSWER: A

What percent of inflation rate was pegged by India's Economic Survey for 2012-13for the fiscal year 2013-14?A. 6.2-6.6 PercentB. 3.5-3.9 PercentC. 4.8-5.4 PercentD. 6.3-6.5 PercentANSWER: A

Hindustan Petroleum Corporation Limited (HPCL) and the Government of Rajasthan o

n 14 March 2013 signed a Memorandum of Understanding (MOU) at Jaipur for settingup a refinery-cum-petrochemical complex at ___________. Fill in the blanks withappropriate option.A. RajasthanB. OrissaC. Tamil NaduD. Uttar PradeshANSWER: A

By what basis point, the Reserve Bank of India (RBI) on 19 March 2013 cut the repo rate in its mid-quarter review of the monetary policy.A. 25 basis PointB. 50 Basis Point

C. 15 basis pointD. 35 basis pointANSWER: A

The Cabinet Committee on Investment (CCI) on 21 March 2013 cleared Reliance Industries' (RIL) KG-D6 and NEC-25 blocks for________________A. Oil and Gas ExplorationB. Oil and Gas EngineeringC. Oil and Gas FiltrationD. Oil and Gas ProductionANSWER: A

Which of the following Statements is not correct regarding the 'Banking Sector'

of India?A. At present there are 26 Nationalized Banks in India.B. Foreign Banks and Regional Rural Banks do not come under the category of Scheduled Commercial Banks.C. Banks have the freedom to regulate their own Savings Bank Deposit interest rates.D. Narsimham Committee is related to Banking Sector reforms.ANSWER: B

Which among the following are the 'Credit-Rating Agencies' of India? 1.CRISIL 2.


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CARE 3.ICRA 4.ONICRAA. 1 and 3B. 1, 2 and 3C. 1, 3 and 4D. AllANSWER: D

Consider the following Statements regarding 'Take-Out Financing': 1.It is for infrastructure projects which have long gestation period. 2.It helps to prevent any possible asset-liability mismatch. Which of the above Statement(s) is/are correct?A. Only 1B. Only 2C. Both 1 and 2D. Neither 1 nor 2ANSWER: C

Which among the following are the wholly/partly owned subsidiaries of the Reserve Bank of India(RBI)? 1.Deposit Insurance and Credit Guarantee Corporation (DICGC) 2.National Housing Bank (NHB) 3.National Bank for Agriculture and Rural Development (NABARD) 4.Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)A. 1 and 4B. 1, 2 and 4C. 2, 3 and 4

D. AllANSWER: D

The concept of 'Universal Banking' was implemented in India on the recommendations of:A. Abid Hussain CommitteeB. R H Khan CommitteeC. S Padmanabhan CommitteeD. Y H Malegam CommitteeANSWER: B

Name the Place where Commercial production of Aishwarya Oil Field at has startedon 23 March 2013.

A. RajasthanB. Tamil NaduC. OrissaD. Andhra PradeshANSWER: A

Look at this series: 22, 21, 23, 22, 24, 23, ... What number should come next?A. 22B. 24C. 25D. 26ANSWER: C

Look at this series: 53, 53, 40, 40, 27, 27, ... What number should come next?A. 12B. 14C. 27D. 53ANSWER: B

Look at this series: 21, 9, 21, 11, 21, 13, 21, ... What number should come next?A. 14


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B. 15C. 21D. 23ANSWER: B

Look at this series: 58, 52, 46, 40, 34, ... What number should come next?A. 26B. 28C. 30D. 32ANSWER: B

Look at this series: 3, 4, 7, 8, 11, 12, ... What number should come next?A. 7B. 10C. 14D. 15ANSWER: D

Look at this series: 8, 22, 8, 28, 8, ... What number should come next?A. 9B. 29C. 32D. 34

ANSWER: D

Look at this series: 31, 29, 24, 22, 17, ... What number should come next?A. 15B. 14C. 13D. 12ANSWER: A

Look at this series: F2, __, D8, C16, B32, ... What number should fill the blank?A. A16B. G4

C. E4D. E3ANSWER: CLook at this series: 664, 332, 340, 170, ____, 89, ... What number should fill the blank?A. 85B. 97C. 109D. 178ANSWER: DLook at this series: V, VIII, XI, XIV, __, XX, ... What number should fill the b

lank?A. IXB. XXIIIC. XVD. XVIIANSWER: D

As per RBI mid-quarter review of the monetary policy, the reverse repo rate changed from the earlier 6.5 Percent. What is the new Reverse repo rate?A. 6.5 Percent


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B. 5.5 PercentC. 6.7 PercentD. 6.75 PercentANSWER: D

Security Printing and Minting Corporation of India Limited (SPMCIL) signed the Memorandum of Understanding (MoU) with the Department of Economic Affairs (DEA),Ministry of Finance on 25 March 2013. What is the set ambitious Sales target made by the Company in 2013-14 fiscal year?A. 3407 Crore RupeesB. 3510 Crore RupeesC. 3210 Crore RupeesD. 3256 Crore RupeesANSWER: A

Media General, the owner of 18 network-affiliated TV stations announced on 6 June 2013 that it will merge with which privately held company?A. New Young BroadcastingB. MyNetworkTVC. Fox 1D. NBCANSWER: A

The Ministry of Tourism (MoT) roped in which company for maintenance as well as

cleanliness of Taj Mahal as well as five more tourist destinations, under the Campaign Clean India?A. Bharat PetroleumB. Indian OilC. Hindustan PetroleumD. ONGCANSWER: D

Which State Government signed a Memorandum of understanding (MoU) on 5 June 2013with Directorate General of Foreign Trade (DGFT) for making use of electronic Bank Realization Certificate (e-BRC)?A. Maharashtra GovernmentB. Delhi Government

C. Kerala GovernmentD. Haryana GovernmentANSWER: B

Where did Coca-Cola, the largest soft-drink maker of the world, opened its bottling plant on 4 June 2013 as part of its planned five-year 200 million US dollarinvestment?A. Pinya Manufacturing Co.B. PepsiCoC. Coca-ColaD. Coca-Cola ZeroANSWER: C

Which drug company, on 4 June 2013 announced that got the final approval from UShealth regulator, US Food and Drug Administration (USFDA) for generic testosterone cypionate injection?A. Sun Pharmaceutical IndustriesB. Aurobindo Pharma LtdC. Glenmark PharmaceuticalsD. RanbaxyANSWER: A

Which equities and equity derivatives trading block declared on 31 May 2013 that


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it received approval from SEBI for operating separate debt as well as SME trading platforms?A. National Stock Exchange (NSE)B. Bombay Stock Exchange (BSE)C. MCX Stock Exchange (MCX-SX)D. Unified Debt ExchangeANSWER: C

The National Green Tribunal on 31 May 2013 gave approval to Sterlite IndustriesLtd for operating which plant in Tuticorin district of Tamil Nadu?A. Copper PlantB. Electricity PlantC. Uranium PlantD. Nuclear PlantANSWER: A

Aditya Birla Chemicals (India) on 31 May 2013 declared that the Board of Directors approved to acquire which division of Solaris Chemtech Industries?A. Chlor-Alkali DivisionB. Phosphoric Acid DivisionC. Aluminium DivisionD. Chlor-Alkali & Phosphoric Acid Division (CA&P Division)ANSWER: D

Which budget passenger carrier launched seven new flights to its domestic systemon 30 May 2013?A. Jet AirwaysB. IndiGoC. SpiceJetD. JetConnectANSWER: B

Which US-based company was acquired by TVS Logistics Services Ltd. in a deal worth 50 crore Rupees?A. Wainwright IndustriesB. Manufacturers Equipment and Supply Company (MESCO)C. General Motors

D. None of theseANSWER: A

Yahoo, in the month of May 2013, redesigned the Flickr photo-sharing service byoffering which facility to its users?A. New app for Android devicesB. Redesigned user-interfaceC. 1 TB storage without levying any feeD. New Activity FeedANSWER: C

Morgan Stanley on 20 May 2013 signed an agreement to sell its Indian wealth management unit to which company?

A. Bajaj AllianceB. Mahindra and MahindraC. Muthoot FinanceD. Standard CharteredANSWER: D

Which cricketer'sface and signature were engraved on limited edition gold coins of Valuemart Gold and Jewels?A. Chris GayleB. Sachin Tendulkar


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C. Ricky PontingD. Don BradmanANSWER: B

Where is Morgan Stanley, the American multinational financial services corporation headquartered?A. New YorkB. Las VegasC. CanadaD. TexasANSWER: A

How many limited edition gold coins with Sachin Tendulkar'sface and signature engraved on them were launched on 13 May 2013 by Valuemart Gold and Jewels on the occasion of Akshaya Tritiya?A. 34000B. 50000C. 200000D. 100000ANSWER: D

Which industry manufacturers were on 17 May 2013 ordered by the Competition Appellate Tribunal (Compat) to deposit an amount of 630 crore Rupees, an amount equal to 10 percent of total penalty imposed on it by CCI in June 2012?

A. Oil manufacturersB. Iron Ore manufacturersC. Petroleum manufacturersD. Cement manufacturersANSWER: D

Which company on 15 May 2013 achieved 50 billion apps download milestone?A. AppleB. GoogleC. Yahoo!D. SamsungANSWER: A

Star India in the month of May 2013 launched which new movie channel?A. Star MoviesB. Star Movies ActionsC. Fox Action MoviesD. Fox MoviesANSWER: B

Which Asset Management Company on 13 May 2013 signed a Memorandum of Understanding (MoU) with eight Public Sector Banks for acquisition of infrastructure loans?A. IL AND FS Financial Services Limited (IFIN)B. IL AND FS Infrastructure Debt Fund (IIDF)C. IL AND FS Infra Asset Management Limited (IAML)D. None

ANSWER: C

Indian Farmers Fertiliser Co-operative (IFFCO), on 11 May 2013 signed a long-term agreement with which Brazilian mining company for supply of rock phosphate?A. Vale SAB. Ferrous ResourcesC. Votorantim MetaisD. CaemiANSWER: A


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Which of the following was used in first generation computers?A. Machine LanguageB. High LanguageC. Assembly LanguageD. NoneANSWER: A

A unit of data storage that equals 2 to the 70th power is called?A. ZebibyteB. YottabiteC. YobibiteD. NoneANSWER: A

What is the escalation in the growth percentage of Foreign Tourist Arrivals (FTAs) in March 2013 over March 2012?A. 2.8 PercentB. 3.5 PercentC. 5.3 PercentD. 6.2 PercentANSWER: A

Which Non-Banking Financial Company (NBFC) got in-principal approval from the Reserve Bank of India (RBI) for establishing as well as operating White Label ATMs

(WLAs) in the last week of June 2013?A. USB Financial Corporation Ltd.B. Mahindra& Mahindra Financial Services Ltd.C. Escorts Finance Ltd.D. Muthoot FinanceANSWER: D

Name the Walmart India Head who resigned from the US retail giant on 26 June 2013.A. Ramnik NarseyB. Raj JainC. Rob WaltonD. Mike Duke

ANSWER: B

The European Commission (EC) on 26 June 2013 approved Inter Continental Exchange's(ICE) proposed 8.2 billion dollars takeover of __________. Fill in the blank with an appropriate option.A. NYSE-EuronextB. ICE-NextC. NasdaqD. BSE- EuronextANSWER: A

Which drug firm on 25 June 2013 announced that it was given World Health Organisation (WHO) pre- qualification for the anti-malarial tablets which will be launc

hed immediately?A. Aurobindo PharmaB. Wyeth PharmaC. Strides Arcolab PharmaD. Bristol Mayer PharmaANSWER: C

Tech Mahindra on 6 May 2013 signed agreement with which South African company tofloat a new company?A. Falcorp


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B. Anglo PlatinumC. Tongaat HulettD. SanlamANSWER: A

Which online travel portal announced in June 2013 that it acquired GateGuru, themobile resource for airport as well as flight information across the globe?A. TripAdvisorB. Make My TripC. Travel guruD. Easy Go TripANSWER: A

As per the data released by Ministry of Railways Indian Railways, what was the revenue earning freight traffic of Indian Railways during the financial year 2012-13 ?A. 1009.73 million tonesB. 2009.71 million tonesC. 3009.74 million tonesD. 4009.74 million tonesANSWER: A

What amount was raised by the Food Corporation of India (FCI) by issuing taxablebonds backed by Government of India Guarantee in order to meet the additional w

orking capital requirement?A. 5000 crore RupeesB. 4000 crore RupeesC. 3000 crore RupeesD. 2500 crore RupeesANSWER: A

As per the Society of Indian Automobile Manufacturers (SIAM) with what percent the auto Sales in India was dropped, hitting a 10 year lowest sales percentage?A. 4.6 PercentB. 6.7 PercentC. 3.5 PercentD. 2.5 Percent

ANSWER: B


What is the escalation in the growth percentage of Foreign Tourist Arrivals (FTAs) in March 2013 over March 2012?A. 2.8 Percent

B. 3.5 PercentC. 5.3 PercentD. 6.2 PercentANSWER: A

What is the number of Fuel Supply Pact signed by Coal India Limited with different Power Plants in Year 2013?A. 46B. 54C. 56


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D. 53ANSWER: C

Union Government on 12 March 2013 decided to provide a financial assistance of 41.21 crore rupees to protect which special breed of goat that produces world-famous fine luxury fibre?A. BarbariB. PashminaC. MalbariD. MehsanaANSWER: B

What percent of Growth rate was pegged by India's Economic Survey for 2012-13 for the fiscal year 2013-14?A. 6.1-6.7 PercentB. 5.6-5.9 PercentC. 6.2-6.9 PercentD. 5.1-5.7 PercentANSWER: A

What percent of inflation rate was pegged by India's Economic Survey for 2012-13for the fiscal year 2013-14?A. 6.2-6.6 PercentB. 3.5-3.9 Percent

C. 4.8-5.4 PercentD. 6.3-6.5 PercentANSWER: A

Hindustan Petroleum Corporation Limited (HPCL) and the Government of Rajasthan on 14 March 2013 signed a Memorandum of Understanding (MOU) at Jaipur for settingup a refinery-cum-petrochemical complex at ___________. Fill in the blanks withappropriate option.A. RajasthanB. OrissaC. Tamil NaduD. Uttar PradeshANSWER: A

As per the data released by Ministry of Railways Indian Railways, what was the revenue earning freight traffic of Indian Railways during the financial year 2012-13 ?A. 1009.73 million tonesB. 2009.71 million tonesC. 3009.74 million tonesD. 4009.74 million tonesANSWER: A

Which Hollywood actor became the new face of the men'sperfume, Dior Homme on 12 June 2013?A. Robert Pattinson

B. Henry CavillD. Paul WalkerD. Will SmithANSWER: A

Which company on 14 June 2013 unveiled the World'sLargest Container ship?A. Hong Kong Ferry CompanyB. Century Shipyard Pvt. Ltd.C. Maersk LineD. IAI Ramta


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ANSWER: C

Who was appointed as the new Chairman of Life Insurance Corporation of India (LIC) by the Government of India?A. Thomas Mathew TB. SK RoyC. S B MainakD. Usha SangwanANSWER: B

Name the 24 hours news channel which was launched by Media firm TV18 Broadcast on 13 June 2013 in UK?A. CNBC AwaazB. CNN-IBNC. CNBC TV18D. News18 IndiaANSWER: D

Which new feature was introduced by Facebook Inc. on 12 June 2013 for identification of topics for discussions? This feature is already being used by Instagramand Twitter.A. @ sign (at the rate tags)B. # sign (Hash tags)C. * sign (asterisk tags)

D. ! sign (exclamation tags)ANSWER: B

Media General, the owner of 18 network-affiliated TV stations announced on 6 June 2013 that it will merge with which privately held company?A. New Young BroadcastingB. MyNetworkTVC. Fox 1D. NBCANSWER: A

The Ministry of Tourism (MoT) roped in which company for maintenance as well ascleanliness of Taj Mahal as well as five more tourist destinations, under the Ca

mpaign Clean India?A. Bharat PetroleumB. Indian OilC. Hindustan PetroleumD. ONGCANSWER: D

Which State Government signed a Memorandum of understanding (MoU) on 5 June 2013with Directorate General of Foreign Trade (DGFT) for making use of electronic Bank Realization Certificate (e-BRC)?A. Maharashtra GovernmentB. Delhi GovernmentC. Kerala Government

D. Haryana GovernmentANSWER: B

Where did Coca-Cola, the largest soft-drink maker of the world, opened its bottling plant on 4 June 2013 as part of its planned five-year 200 million US dollarinvestment?A. Pinya Manufacturing Co.B. PepsiCoC. Coca-ColaD. Coca-Cola Zero


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ANSWER: C

Which drug company, on 4 June 2013 announced that got the final approval from UShealth regulator, US Food and Drug Administration (USFDA) for generic testosterone cypionate injection?A. Sun Pharmaceutical IndustriesB. Aurobindo Pharma LtdC. Glenmark PharmaceuticalsD. RanbaxyANSWER: A

Which equities and equity derivatives trading block declared on 31 May 2013 thatit received approval from SEBI for operating separate debt as well as SME trading platforms?A. National Stock Exchange (NSE)B. Bombay Stock Exchange (BSE)C. MCX Stock Exchange (MCX-SX)D. Unified Debt ExchangeANSWER: C

The National Green Tribunal on 31 May 2013 gave approval to Sterlite IndustriesLtd for operating which plant in Tuticorin district of Tamil Nadu?A. Copper PlantB. Electricity Plant

C. Uranium PlantD. Nuclear PlantANSWER: A

Aditya Birla Chemicals (India) on 31 May 2013 declared that the Board of Directors approved to acquire which division of Solaris Chemtech Industries?A. Chlor-Alkali DivisionB. Phosphoric Acid DivisionC. Aluminium DivisionD. Chlor-Alkali & Phosphoric Acid Division (CA&P Division)ANSWER: D

Which budget passenger carrier launched seven new flights to its domestic system

on 30 May 2013?A. Jet AirwaysB. IndiGoC. SpiceJetD. JetConnectANSWER: B

Which US-based company was acquired by TVS Logistics Services Ltd. in a deal worth 50 crore Rupees?A. Wainwright IndustriesB. Manufacturers Equipment and Supply Company (MESCO)C. General MotorsD. None of these

ANSWER: A



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Morgan Stanley on 20 May 2013 signed an agreement to sell its Indian wealth management unit to which company?A. Bajaj AllianceB. Mahindra and MahindraC. Muthoot FinanceD. Standard CharteredANSWER: D

Which cricketer'sface and signature were engraved on limited edition gold coins of Valuemart Gold and Jewels?A. Chris GayleB. Sachin TendulkarC. Ricky PontingD. Don BradmanANSWER: B


How many limited edition gold coins with Sachin Tendulkar'sface and signature engraved on them were launched on 13 May 2013 by Valuemart Gold and Jewels on the o

ccasion of Akshaya Tritiya?A. 34000B. 50000C. 200000D. 100000ANSWER: D

The performance of a hard drive or other storage device , meaning how long it takes to locate a file is called ?A. Response TimeB. Access Time

C. Quick TimeD. NoneANSWER: B

Name the Place where Commercial production of Aishwarya Oil Field at has startedon 23 March 2013.A. RajasthanB. Tamil NaduC. OrissaD. Andhra PradeshANSWER: A

As per RBI mid-quarter review of the monetary policy, the reverse repo rate chan

ged from the earlier 6.5 Percent. What is the new Reverse repo rate?A. 6.5 PercentB. 5.5 PercentC. 6.7 PercentD. 6.75 PercentANSWER: D

Security Printing and Minting Corporation of India Limited (SPMCIL) signed the Memorandum of Understanding (MoU) with the Department of Economic Affairs (DEA),Ministry of Finance on 25 March 2013. What is the set ambitious Sales target mad


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e by the Company in 2013-14 fiscal year?A. 3407 Crore RupeesB. 3510 Crore RupeesC. 3210 Crore RupeesD. 3256 Crore RupeesANSWER: A

Which of the following was used in first generation computers?A. Machine LanguageB. High LanguageC. Assembly LanguageD. NoneANSWER: A

Look at this series: 21, 9, 21, 11, 21, 13, 21, ... What number should come next?A. 14B. 15C. 21D. 23ANSWER: B

Look at this series: 58, 52, 46, 40, 34, ... What number should come next?A. 26


Look at this series: 3, 4, 7, 8, 11, 12, ... What number should come next?A. 7B. 10C. 14D. 15ANSWER: D

Look at this series: 8, 22, 8, 28, 8, ... What number should come next?

A. 9B. 29C. 32D. 34ANSWER: D


Look at this series: F2, __, D8, C16, B32, ... What number should fill the blank?A. A16B. G4C. E4D. E3ANSWER: CLook at this series: 664, 332, 340, 170, ____, 89, ... What number should fill the blank?


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A. 85B. 97C. 109D. 178ANSWER: DLook at this series: V, VIII, XI, XIV, __, XX, ... What number should fill the blank?A. IXB. XXIIIC. XVD. XVIIANSWER: D

Look at this series: 70, 71, 76, __, 81, 86, 70, 91, ... What number should fillthe blank?A. 70B. 71C. 80D. 96ANSWER: A

Look at this series: 8, 43, 11, 41, __, 39, 17, ... What number should fill in the blank?

A. 8B. 14C. 43D. 44ANSWER: B

Look at this series: VI, 10, V, 11, __, 12, III, ... What number should fill theblank?A. IIB. IVC. IXD. 14ANSWER: B

Look at this series: (1/9), (1/3), 1, ____ , 9, ... What number should fill theblank?A. (2/3)B. 3C. 6D. 27ANSWER: B

Which of the following Statements is not correct regarding the 'Banking Sector'of India?A. At present there are 26 Nationalized Banks in India.B. Foreign Banks and Regional Rural Banks do not come under the category of Sche

duled Commercial Banks.C. Banks have the freedom to regulate their own Savings Bank Deposit interest rates.D. Narsimham Committee is related to Banking Sector reforms.ANSWER: B

Which among the following are the 'Credit-Rating Agencies' of India? 1.CRISIL 2.CARE 3.ICRA 4.ONICRAA. 1 and 3B. 1, 2 and 3


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C. 1, 3 and 4D. AllANSWER: D

Consider the following Statements regarding 'Take-Out Financing': 1.It is for infrastructure projects which have long gestation period. 2.It helps to prevent any possible asset-liability mismatch. Which of the above Statement(s) is/are correct?A. Only 1B. Only 2C. Both 1 and 2D. Neither 1 nor 2ANSWER: C

Which among the following are the wholly/partly owned subsidiaries of the Reserve Bank of India(RBI)? 1.Deposit Insurance and Credit Guarantee Corporation (DICGC) 2.National Housing Bank (NHB) 3.National Bank for Agriculture and Rural Development (NABARD) 4.Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)A. 1 and 4B. 1, 2 and 4C. 2, 3 and 4D. AllANSWER: D


Which Non-Banking Financial Company (NBFC) got in-principal approval from the Reserve Bank of India (RBI) for establishing as well as operating White Label ATMs(WLAs) in the last week of June 2013?A. USB Financial Corporation Ltd.B. Mahindra& Mahindra Financial Services Ltd.

C. Escorts Finance Ltd.D. Muthoot FinanceANSWER: D

Name the Walmart India Head who resigned from the US retail giant on 26 June 2013.A. Ramnik NarseyB. Raj JainC. Rob WaltonD. Mike DukeANSWER: B

The European Commission (EC) on 26 June 2013 approved Inter Continental Exchange's

(ICE) proposed 8.2 billion dollars takeover of __________. Fill in the blank with an appropriate option.A. NYSE-EuronextB. ICE-NextC. NasdaqD. BSE- EuronextANSWER: A

Which drug firm on 25 June 2013 announced that it was given World Health Organisation (WHO) pre- qualification for the anti-malarial tablets which will be launc


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hed immediately?A. Aurobindo PharmaB. Wyeth PharmaC. Strides Arcolab PharmaD. Bristol Mayer PharmaANSWER: C

Which online travel portal announced in June 2013 that it acquired GateGuru, themobile resource for airport as well as flight information across the globe?A. TripAdvisorB. Make My TripC. Travel guruD. Easy Go TripANSWER: A

Who was appointed as the Chief Advisor of AirAsia'sIndia board on 17 June 2013?A. Cyrus MistryB. Ratan TataC. Subramanian RamadoraiD. Mukund Govind RajanANSWER: B

Which global pharmaceutical company received novel antibiotic product Potentox patented from Mexico in June 2013?

A. Venus Remedies LimitedB. Ranbaxy LaboratoriesC. Cadila PharmaceuticalsD. Taro Pharmaceutical Industries LtdANSWER: A

National Institute of Securities Markets (NISM) signed a Memorandum of Understanding (MoU) for the purpose of joint promotion of corporate as well as securitiesmarket governance with which institute?A. Institute for BankingB. The Institute of Chartered Accountants of IndiaC. The Institute of Company Secretaries of IndiaD. None of These

ANSWER: C

Which bank announced on 19 June 2013 that it received a license for opening therepresentative office in Yangon, Myanmar?A. The Bank of IndiaB. The Reserve Bank of IndiaC. The State Bank of IndiaD. The Export Import (EXIM) Bank of IndiaANSWER: D

Where did Tata Coffee, the largest plantation company of Asia on 19 June 2013 inaugurate the premium extraction plant?A. Kerala

B. ChennaiC. AssamD. Tamil NaduANSWER: D

Which Hollywood actor became the new face of the men'sperfume, Dior Homme on 12 June 2013?A. Robert PattinsonB. Henry CavillD. Paul Walker


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D. Will SmithANSWER: A

Which company on 14 June 2013 unveiled the World'sLargest Container ship?A. Hong Kong Ferry CompanyB. Century Shipyard Pvt. Ltd.C. Maersk LineD. IAI RamtaANSWER: C

Who was appointed as the new Chairman of Life Insurance Corporation of India (LIC) by the Government of India?A. Thomas Mathew TB. SK RoyC. S B MainakD. Usha SangwanANSWER: B

Aditya Birla Chemicals (India) on 31 May 2013 declared that the Board of Directors approved to acquire which division of Solaris Chemtech Industries?A. Chlor-Alkali DivisionB. Phosphoric Acid DivisionC. Aluminium DivisionD. Chlor-Alkali & Phosphoric Acid Division (CA&P Division)

ANSWER: D

Which budget passenger carrier launched seven new flights to its domestic systemon 30 May 2013?A. Jet AirwaysB. IndiGoC. SpiceJetD. JetConnectANSWER: B

Which US-based company was acquired by TVS Logistics Services Ltd. in a deal worth 50 crore Rupees?A. Wainwright Industries

B. Manufacturers Equipment and Supply Company (MESCO)C. General MotorsD. None of theseANSWER: A


Morgan Stanley on 20 May 2013 signed an agreement to sell its Indian wealth management unit to which company?A. Bajaj AllianceB. Mahindra and MahindraC. Muthoot FinanceD. Standard CharteredANSWER: D

Which cricketer'sface and signature were engraved on limited edition gold coins of Valuemart Gold and Jewels?


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A. Chris GayleB. Sachin TendulkarC. Ricky PontingD. Don BradmanANSWER: B


How many limited edition gold coins with Sachin Tendulkar'sface and signature engraved on them were launched on 13 May 2013 by Valuemart Gold and Jewels on the occasion of Akshaya Tritiya?A. 34000B. 50000C. 200000D. 100000ANSWER: D

Which industry manufacturers were on 17 May 2013 ordered by the Competition Appe

llate Tribunal (Compat) to deposit an amount of 630 crore Rupees, an amount equal to 10 percent of total penalty imposed on it by CCI in June 2012?A. Oil manufacturersB. Iron Ore manufacturersC. Petroleum manufacturersD. Cement manufacturersANSWER: D

Which company on 15 May 2013 achieved 50 billion apps download milestone?A. AppleB. GoogleC. Yahoo!D. Samsung

ANSWER: A

Star India in the month of May 2013 launched which new movie channel?A. Star MoviesB. Star Movies ActionsC. Fox Action MoviesD. Fox MoviesANSWER: B

Which Asset Management Company on 13 May 2013 signed a Memorandum of Understanding (MoU) with eight Public Sector Banks for acquisition of infrastructure loans?A. IL AND FS Financial Services Limited (IFIN)B. IL AND FS Infrastructure Debt Fund (IIDF)

C. IL AND FS Infra Asset Management Limited (IAML)D. NoneANSWER: C

Indian Farmers Fertiliser Co-operative (IFFCO), on 11 May 2013 signed a long-term agreement with which Brazilian mining company for supply of rock phosphate?A. Vale SAB. Ferrous ResourcesC. Votorantim MetaisD. Caemi


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ANSWER: A

As per the Society of Indian Automobile Manufacturers (SIAM) with what percent the auto Sales in India was dropped, hitting a 10 year lowest sales percentage?A. 4.6 PercentB. 6.7 PercentC. 3.5 PercentD. 2.5 PercentANSWER: B


By what percent the production of eight core sector industries decreased in themonth of February 2013, for the first time in 2012-13 financial year?A. 3.5 PercentB. 2 PercentC. 2.5 PercentD. 4 Percent

ANSWER: C

The Cabinet Committee on Economic Affairs(CCEA) on 2 April 2013 approved the proposal of the Ministry of Home Affairs for continuation of the Scheme for SpecialInfrastructure (SIS) during the 12th Plan period in which extremism affected states ?A. Left Wing Extremism (LWE)B. Right Wing ExtremismC. Centre wing ExtremismD. None of the AboveANSWER: A

The Cabinet Committee on Economic Affairs gave its approval for the four laning

of the Jorhat-Demow section of which National Highway- in the state of Assam?A. National Highway- 37B. National Highway- 24C. National Highway- 19D. National Highway- 17ANSWER: A

What amount was sanctioned by the Union Government of India on 5 April 2013 forpollution abatement schemes of rivers and lakes in different states?A. 4065.81 crore rupeesB. 4063.65 crore rupeesC. 4036.81 crore rupeesD. 4029.54 crore rupees

ANSWER: A

Name the city where the Two-day International Workshop on Green National Accounting for India was finished on 6 April 2013.A. KolkataB. MumbaiC. New DelhiD. HyderabadANSWER: C


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Union Government of India on 7 March 2013 approved export of what quantity of wheat from its Godowns?A. 10 Miilion TonnesB. 5 Million TonnesC. 15 Milion TonnesD. 20 Million TonnesANSWER: B

What is the hike percentage on Defence Budget over the last year 2012-13, as allocated in the Union budget 2013-14 thus promising more funds required for national security?A. 14 PercentB. 12 PercentC. 10 PercentD. 9 PercentANSWER: A

What is the percentage of Investment allowance as proposed in the Union Budget 2013-14 for investment in plant & machinery?A. 10 PercentB. 12 PercentC. 13 PercentD. 15 PercentANSWER: D

Which of the financial regulator is not included among four financial regulatorswho signed an agreement on 8 March 2013 among each other for co-operation on consolidated supervision and monitoring of financial groups?A. RBIB. SEBIC. Insurance Regulatory and Development AuthorityD. IMFANSWER: D

What growth percent is estimated by World Bank for the Indian Economy during 2013-14?A. 6 Percent

B. 7 PercentC. 8 PercentD. 4 PercentANSWER: A


Union Government on 12 March 2013 decided to provide a financial assistance of 41.21 crore rupees to protect which special breed of goat that produces world-famous fine luxury fibre?A. BarbariB. PashminaC. MalbariD. MehsanaANSWER: B

What percent of Growth rate was pegged by India's Economic Survey for 2012-13 fo


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r the fiscal year 2013-14?A. 6.1-6.7 PercentB. 5.6-5.9 PercentC. 6.2-6.9 PercentD. 5.1-5.7 PercentANSWER: A

What percent of inflation rate was pegged by India's Economic Survey for 2012-13for the fiscal year 2013-14?A. 6.2-6.6 PercentB. 3.5-3.9 PercentC. 4.8-5.4 PercentD. 6.3-6.5 PercentANSWER: A

Hindustan Petroleum Corporation Limited (HPCL) and the Government of Rajasthan on 14 March 2013 signed a Memorandum of Understanding (MOU) at Jaipur for settingup a refinery-cum-petrochemical complex at ___________. Fill in the blanks withappropriate option.A. RajasthanB. OrissaC. Tamil NaduD. Uttar PradeshANSWER: A

By what basis point, the Reserve Bank of India (RBI) on 19 March 2013 cut the repo rate in its mid-quarter review of the monetary policy.A. 25 basis PointB. 50 Basis PointC. 15 basis pointD. 35 basis pointANSWER: A

The Cabinet Committee on Investment (CCI) on 21 March 2013 cleared Reliance Industries' (RIL) KG-D6 and NEC-25 blocks for________________A. Oil and Gas ExplorationB. Oil and Gas Engineering

C. Oil and Gas FiltrationD. Oil and Gas ProductionANSWER: A

Name the Place where Commercial production of Aishwarya Oil Field at has startedon 23 March 2013.A. RajasthanB. Tamil NaduC. OrissaD. Andhra PradeshANSWER: A

Look at this series: 3, 4, 7, 8, 11, 12, ... What number should come next?

A. 7B. 10C. 14D. 15ANSWER: D

Look at this series: 8, 22, 8, 28, 8, ... What number should come next?A. 9B. 29C. 32


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D. 34ANSWER: D


Look at this series: F2, __, D8, C16, B32, ... What number should fill the blank?A. A16B. G4C. E4D. E3ANSWER: CLook at this series: 664, 332, 340, 170, ____, 89, ... What number should fill the blank?A. 85B. 97C. 109D. 178

ANSWER: DLook at this series: V, VIII, XI, XIV, __, XX, ... What number should fill the blank?A. IXB. XXIIIC. XVD. XVIIANSWER: D

Look at this series: 70, 71, 76, __, 81, 86, 70, 91, ... What number should fillthe blank?A. 70

B. 71C. 80D. 96ANSWER: A

Look at this series: 8, 43, 11, 41, __, 39, 17, ... What number should fill in the blank?A. 8B. 14C. 43D. 44ANSWER: B

Look at this series: VI, 10, V, 11, __, 12, III, ... What number should fill theblank?A. IIB. IVC. IXD. 14ANSWER: B

Look at this series: (1/9), (1/3), 1, ____ , 9, ... What number should fill theblank?


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A. (2/3)B. 3C. 6D. 27ANSWER: B

Look at this series: 83, 73, 93, 63, __, 93, 43, ... What number should fill theblank?A. 33B. 53C. 73D. 93ANSWER: B

Which of the following Statements is not correct regarding the 'Banking Sector'of India?A. At present there are 26 Nationalized Banks in India.B. Foreign Banks and Regional Rural Banks do not come under the category of Scheduled Commercial Banks.C. Banks have the freedom to regulate their own Savings Bank Deposit interest rates.D. Narsimham Committee is related to Banking Sector reforms.ANSWER: B


Which among the following are the 'Credit-Rating Agencies' of India? 1.CRISIL 2.CARE 3.ICRA 4.ONICRAA. 1 and 3B. 1, 2 and 3C. 1, 3 and 4

D. AllANSWER: D

Four defensive football players are chasing the opposing wide receiver, who hasthe ball. Calvin is directly behind the ball carrier. Jenkins and Burton are side by side behind Calvin. Zeller is behind Jenkins and Burton. Calvin tries for the tackle but misses and falls. Burton trips. Which defensive player tackles thereceiver?A. BurtonB. ZellerC. JenkinsD. CalvinANSWER: C

A four-person crew from Classic Colors is painting Mr. Field's house. Michael ispainting the front of the house. Ross is in the alley behind the house paintingthe back. Jed is painting the window frames on the north side, Shawn is on thesouth. If Michael switches places with Jed, and Jed then switches places with Shawn, where is Shawn?A. in the alley behind the houseB. on the north side of the houseC. in front of the houseD. on the south side of the house


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ANSWER: C

In a four-day period Monday through Thursday each of the following temporary office workers worked only one day, each a different day. Ms. Johnson was scheduledto work on Monday, but she traded with Mr. Carter, who was originally scheduledto work on Wednesday. Ms. Falk traded with Mr. Kirk, who was originally scheduled to work on Thursday. After all the switching was done, who worked on Tuesday?A. Mr. CarterB. Ms. FalkC. Ms. JohnsonD. Mr. KirkANSWER: DFour people witnessed a mugging. Each gave a different description of the mugger. Which description is probably right?A. He was average height, thin, and middle-aged.B. He was tall, thin, and middle-aged.C. He was tall, thin, and young.D. He was tall, of average weight, and middle-aged.ANSWER: B

The attainment of individual and organisational goals is mutually interdependentand linked by a common denominator - employee work motivation. Organisational members are motivated to satisfy their personal goals, and they contribute their

efforts to the attainment of organisational objectives as means of achieving these personal goals.The passage best supports the statement that motivation -A. encourages an individual to give priority to personal goals over organisational goals.B. is crucial for the survival of an individual and organisation.C. is the product of an individual's physical and mental energy.D. is the external force which induces an individual to contribute his efforts.ANSWER: ADue to enormous profits involved in smuggling, hundreds of persons have been attracted towards this anti-national activity. Some of them became millionaires overnight. India has a vast coastline both on the Eastern and Western Coast. It has

been a heaven for smugglers who have been carrying on their activities with great impunity. There is no doubt, that from time to time certain seizures were made by the enforcement authorities, during raids and ambush but even allowing these losses the smugglers made huge profits.The passage best supports the statement thatA. smuggling hampers the economic development of a nation.B. smuggling ought to be curbed.C. authorities are taking strict measures to curb smuggling.D. smuggling is fast increasing in our country owing to the quick profit it entails.ANSWER: DThe future of women in India is quite bright and let us hope that they will just

ify their abilities by rising to the occasion. Napoleon was right when he declared that by educating the women we can educate the whole nation. Because a country can never rise without the contribution of 50% of their population.The passage best supports the statement that:A. India is striving hard for the emancipation of women.B. all women should be well educated.C. a nation can progress only when women are given equal rights and opportunities as men.D. women ought to be imparted full freedom to prove their worth and contribute to the progress of the nation.


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ANSWER: D

Name the city where the Two-day International Workshop on Green National Accounting for India was finished on 6 April 2013.A. KolkataB. MumbaiC. New DelhiD. HyderabadANSWER: C

Which of the following Statements is not correct regarding the 'Banking Sector'of India?A. At present there are 26 Nationalized Banks in India.B. Foreign Banks and Regional Rural Banks do not come under the category of Scheduled Commercial Banks.C. Banks have the freedom to regulate their own Savings Bank Deposit interest rates.D. Narsimham Committee is related to Banking Sector reforms.ANSWER: B

Hindustan Petroleum Corporation Limited (HPCL) and the Government of Rajasthan on 14 March 2013 signed a Memorandum of Understanding (MOU) at Jaipur for settingup a refinery-cum-petrochemical complex at ___________. Fill in the blanks withappropriate option.

A. RajasthanB. OrissaC. Tamil NaduD. Uttar PradeshANSWER: A


Which cricketer'sface and signature were engraved on limited edition gold coins of Valuemart Gold and Jewels?A. Chris GayleB. Sachin TendulkarC. Ricky PontingD. Don BradmanANSWER: B

The Cabinet Committee on Investments has been set-up to address which of the following___?A. To submit a report on the hurdles creating bottle-necks on the economyB. To boost big ticket investments and untangle red-tapism

C. To fast track disinvestment in PSUsD. To attract foreign investment into India to attract foreign investment into IndiaANSWER: B

What is the minimum public shareholding (MPS) mandated by SEBI for Private Companies and PSUs respectively?A. 75% and 90%B. 90% and 75%C. 10% and 25%


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D. 25% and 10%ANSWER: B

Why the Indirect taxes are termed regressive taxing mechanisms?A. They are charged at higher rates than direct taxesB. They are charged the same for all income groupsC. They are charged the same for all income groupsD. None of the above is a correct reasonANSWER: C

Currently, which among the following products is facing imports ban from China?A. Milk and Milk productsB. RiceC. Telecom equipmentD. Heavy electrical engineering equipmentANSWER: A

What is the minimum public shareholding (MPS) mandated by SEBI for Private Companies and PSUs respectively?A. 75% and 90%B. 90% and 75%C. 10% and 25%D. 25% and 10%ANSWER: D

Which of the following Price Indices of India is considered for measuring 'Headline Inflation'?A. GDP DeflatorB. CPI-AL/RLC. CPI-IWD. WPIANSWER: D

Consider the following Statements: 1.Core Inflation is essentially demand driven. 2.Core Inflation includes items that face volatile price movement. Which of the following Statement(s) given above is/are correct?A. Only 1

B. Only 2C. Both 1 and 2D. Neither 1 nor 2ANSWER: A

Consider the following Statements regarding the Office of Economic Advisor(OEA):1.It is attached to the Ministry of Finance. 2.The weekly compilation and Publication of Wholesale Price Indices (WPI) is done by the Office of Economic Advisor. Which of the Statement(s) given above is/are correct?A. Only 1B. Only 2C. Both 1 and 2D. Neither 1 nor 2

ANSWER: B

Which among the following is the oldest Public Sector Bank of India?A. Punjab National BankB. Imperial Bank of IndiaC. Allahabad BankD. Central Bank of IndiaANSWER: C

Consider the following Statements regarding Non-Banking Finance Institutions(NBF


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Cs): 1.NBFCs can also engage in Micro-Finance Activities. 2.Housing-finance companies form a distinct sub-group of the NBFCs. 3.The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors. Which among the above Statement(s) is/are not correct?A. Only 1B. 1 and 3C. AllD. NoneANSWER: D

Which among the following Public Sector Undertakings(PSUs) is the 'fifth' company which has been accorded the 'Maharatna' status?A. Coal India Limite(CIL)B. Gas Authority of India Limited (GAIL)C. Power Grid Corporation of India LimitedD. Bharat Heavy Electricals Limited (BHEL)ANSWER: A

The Reserve Bank of India (RBI), released its June mid-quarter monetary policy on 17 June 2013. RBI is headquartered in___.A. New DelhiB. PatnaC. MumbaiD. Lucknow

ANSWER: C

As per the World Bank report titled Capital for the Future: Saving and Investment in an Interdependent World released on 3 June 2013 which two countries was forecasted to become the largest investors among various developing nations of theworld in the year 2030?A. India and ChinaB. India and BrazilC. China and BrazilD. India and JapanANSWER: A

The Union Cabinet of India on 4 June 2013 approved the Real Estate (Regulation a

nd Development) Bill 2013. What is the major objective behind the approval?A. To set up a regulator for the real estate sector in the countryB. To protecting home buyers from dishonest buildersC. To hear appeals from orders, decisions or directions of regulator and adjudicating officer by Real Estate Appellate Tribunal.D. AllANSWER: D

Cabinet Committee on Economic Affairs (CCEA) on 4 June 2013 approved the revivalof the Nagaland Pulp and Paper Company Limited (NPPC) with the infusion of Hugefund. What was the amount?A. 309.38 crore RupeesB. 369.32 Crore Rupees

C. 321.56 Crore RupeesD. 256. 56 Crore RupeesANSWER: A

The Union Government of India on 5 June 2013 hiked the import duty on gold to what percent from the present 6 percent?A. 7 PercentB. 9.5 PercentC. 8 PercentD. 7.5 Percent


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ANSWER: C

As per latest Report by the Food & Agriculture Organization (FAO) which countryis the largest consumer and producer of Chickpeas in the world?A. AustraliaB. MyanmarC. TurkeyD. IndiaANSWER: C

The Cabinet Committee on Economic Affairs (CCEA) on 9 May 2013 approved the proposal of the Ministry of Shipping for setting up of two major ports in the country. In which Indian state the two ports will be situated?A. West Bengal and Andhra PradeshB. Himachal Pradesh and GoaC. Tamil Nadu and KeralaD. Gujarat and MeghalayaANSWER: A

What Percent of Equity sale was approved by Coal India Limited in an Inter-Ministerial Group (IMG) on 10 May 2013?A. 13 PercentB. 12 PercentC. 10 Percent

D. 16 PercentANSWER: C

By what percentage Retail inflation declined in April 2013 because of reductionin prices of vegetables, edible oil and protein-based items as per the data released on 13 May 2013.A. 9.39 PercentB. 10.39 PercentC. 11.69 PercentD. 7.39 PercentANSWER: A

By what percent the Indian exports grew in the month of April 2013 and stood at

24.16 billion US Dollar.A. 1.6 PercentB. 3.5 PercentC. 4.3 PercentD. 6.4 PercentANSWER: A

What amount of loan is supposed to be provided by Asian Development Bank to India over next 3 years?A. 6 Billion DollarsB. 4.5 Billion DollarsC. 4 Billion DollarsD. 4.8 billion dollars

ANSWER: A

As per the survey undertake by HSBC, in the month of May 2013, India'sservices sector grew at its slowest pace in one and half years during the month of April 2013 as costs for raw materials, petrol and labour increased considerably. What was the downfall in Composite Output Index from 51.4 Percent in March 2013?A. 50.50 PercentB. 50.35 PercentC. 50.23 PercentD. 50.39 Percent


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ANSWER: A

Market regulator SEBI in May 2013 approved an angel fund to address the problemof resource crisis for start-up companies across the country. What amount of Fund was approved?A. 10 Million DollarsB. 6 Million DollarsC. 7.5 Million DollarsD. 9 Million DollarsANSWER: A

The Foreign Exchange Earnings (FEEs) from tourism in terms of Rupee in April 2013 rose by what percent from the one recorded in April 2012?A. 4 PercentB. 5 PercentC. 6.5 PercentD. 7 PercentANSWER: D

Tech Mahindra on 6 May 2013 signed agreement with which South African company tofloat a new company?A. FalcorpB. Anglo PlatinumC. Tongaat Hulett

D. SanlamANSWER: A

Who was named as the new Chief Executive Officer of Spirits Company Diageo on 7May 2013?A. Franz HumerB. Paul WalshC. Ivan MenezesD. None of theseANSWER: C

Which company became the biggest profit maker on annual list of Fortune 500?A. ExxonMobil

B. WalmartC. ChevronD. AppleANSWER: B

Who was appointed as the new Chief Executive Officer of South Africa'sAngloGold Ashanti on 9 May 2013?A. Mark CutifaniB. TT MboweniC. TJ MotlatsD. Srinivasan VenkatakrishnanANSWER: D

Which mobile company on 8 May 2013 announced launch of Asha 501, a smart phone to beat the low-cost Android phones in developing markets like India?A. VodafoneB. NokiaC. RelianceD. Tata IndicomANSWER: B

Online information storage firm Evernote asked all users to reset their passwords, following a security breach by hackers. What is Evernote?


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A. online personal organiserB. external storage systemC. external serverD. online information storage firmANSWER: D

Facebook Inc on 28 February 2013 announced that it agreed to buy advertising technology from the Microsoft Corp. What is the name of this advertising technology?A. Atlas Advertiser SuiteB. Advertising SuiteC. ABX AdvertiserD. PPC AdvertisingANSWER: A

Which company launched a tablet PC called CT910 with 3G SIM as well as a smartphone called A225 in the last week of February 2013?A. SamsungB. Celkon MobilesC. MotorolaD. Zen MobilesANSWER: B

Mozilla, the software community which is known for producing the Firefox web bro

wser, launched Web-based __________ on 24 February 2013?A. Cloud Computing SystemB. Social Networking SiteC. Smartphone Operating SystemD. Web BrowserANSWER: C

Name the managing director for Yahoo India and South East Asia who quit Yahoo on25 February 2013 citing reasons that he wanted to explore fresh opportunities in the world of the Internet.A. Arun TadankiB. Peter LiguoriC. Eva Frnstrand

D. Alan ChappleANSWER: A

The World Bank in the month of March 2013 barred which company from doing any business with it or the projects funded by it for a period of six months?A. Punj Lloyd GroupB. Lanco Infratech LimitedC. Larsen & ToubroD. IVRCL Infrastructures & Projects LtdANSWER: C

The Foreign Investment Promotion Board (FIPB) on 6 March 2013 cleared the investment proposal of which Malaysian budget carrier to launch the new airline along

with Tata Group and Arun Bhatia's Telestra Tradeplace?A. Cebu PacificB. AirAsiaC. JetStarD. Tiger AirwaysANSWER: B

Which confectionary giant was slapped with a notice demanding 250 crore Rupees by the Directorate General of Central Excise Intelligence on the grounds of excise duty evasion?


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A. Cadbury India LtdB. Wrigley IndiaC. Lotte IndiaD. Perk India LtdANSWER: A

Which telecom company in the month of March 2013 launched high quality voice service for its subscribers in Kenya, Rwanda, Malawi and Nigeria in the African sub-continent?A. VodafoneB. RelianceC. Idea CellularD. Bharti AirtelANSWER: D

Microsoft launched the new version of which software for the businesses runningin India? This software will facilitate sharing the data seamlessly across the computers and mobiles with the help of cloud computing technology.A. MS Office 2009B. MS Office 365C. MS Office 2013D. MS Office 2010ANSWER: B

Look at this series: 2, 1, (1/2), (1/4), ... What number should come next?A. (1/3)B. (1/8)C. (2/8)D. (1/16)ANSWER: B


Look at this series: 36, 34, 30, 28, 24, ... What number should come next?A. 20B. 22C. 23D. 26ANSWER: B

Look at this series: 15, __, 27, 27, 39, 39, ... What number should fill the blank?A. 51B. 39C. 23

D. 15ANSWER: D

Look at this series: 72, 76, 73, 77, 74, __, 75, ... What number should fill theblank?A. 70B. 71C. 75D. 78ANSWER: D


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What is used in most programs that is a part of a program and guides the user through certain steps?A. SoftwareB. WizardC. WikiD. NoneANSWER: B

A generic name for Intel processors released after the original 8086 processor is ______ ?A. PentiumB. x86C. Pentium 286D. NoneANSWER: B

A network that is connected to the Internet, but uses encryption to scramble allthe data sent through the Internet is called ?A. My networkB. Virtual private NetworkC. Social NetworkD. NoneANSWER: B

Ms. Forest likes to let her students choose who their partners will be; however,no pair of students may work together more than seven class periods in a row. Adam and Baxter have studied together seven class periods in a row. Carter and Dennis have worked together three class periods in a row. Carter does not want towork with Adam. Who should be assigned to work with Baxter?A. CarterB. AdamC. DennisD. ForestANSWER: AAt the baseball game, Henry was sitting in seat 253. Marla was sitting to the ri

ght of Henry in seat 254. In the seat to the left of Henry was George. Inez wassitting to the left of George. Which seat is Inez sitting in?A. 251B. 254C. 255D. 256ANSWER: AAs they prepare for the state championships, one gymnast must be moved from theLevel 2 team to the Level 1 team. The coaches will move the gymnast who has wonthe biggest prize and who has the most experience. In the last competition, Roberta won a bronze medal and has competed seven times before. Jamie has won a silver medal and has competed fewer times than Roberta. Beth has won a higher medal

than Jamie and has competed more times than Roberta. Michele has won a bronze medal, and it is her third time competing. Who will be moved to the Level 1 team?A. RobertaB. BethC. MicheleD. JamieANSWER: BFour friends in the sixth grade were sharing a pizza. They decided that the oldest friend would get the extra piece. Randy is two months older than Greg, who is


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three months younger than Ned. Kent is one month older than Greg. Who should get the extra piece of pizza?A. RandyB. GregC. NedD. KentANSWER: C

Though the waste of time or the expenditure on fashions is very large, yet fashions have come to stay. They will not go, come what may. However, what is now required is that strong efforts should be made to displace the excessive craze forfashion from the minds of these youngsters.The passage best supports the statement that:A. fashion is the need of the day.B. the excessive craze for fashion is detrimental to one's personality.C. the hoard for fashion should be done away with so as not to let down the constructive development.D. work and other activities should be valued more than the outward appearance.ANSWER: C

One of the important humanitarian by-products of technology is the greater dignity and value that it imparts to human labour. In a highly industrialized society, there is no essential difference between Brahmin and Dalit, Muslim and Hindu;they are equally useful and hence equally valuable for in the industrial society

individual productivity fixes the size of the pay cheque and this fixes socialstatus.The passage best supports the statement that:A. technology decides individual's social status.B. castes and religions are man-made.C. human labour has dignity and value.D. all individuals, irrespective of caste and creed, are born equal.ANSWER: CThe stage in the product life cycle that focuses on expanding market and creating product awareness and trial is the:A. decline stage.B. introduction stage.

C. growth stage.D. maturity stage.ANSWER: B

Which of the following promotional budget methods wrongly views sales as the cause of promotion rather than as the result?A. Affordable methodB. Percentage-of-Sales methodC. Competitive-parity methodD. Objective-and-task methodANSWER: B

If the field salesforce has been supplied with new leads (via the telephone) tha

t have been qualified, they have probably been assisted by:A. master salespersons.B. sales assistants.C. technical support persons.D. telemarketers.ANSWER: D

________________ is setting the price steps between various products in a product line based on cost differences between the products, customer evaluations of different features, and competitors' prices.


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A. Optional-product pricingB. Captive-product pricingC. Product line pricingD. By-product pricingANSWER: C

Rolls Royce uses which of the following distribution formats?A. Intensive distributionB. Exclusive distributionC. Selective distributionD. Open distributionANSWER: B

Drop shippers perform which of the following functions?A. Assumes title and ships coal, lumber, or heavy equipment to a buyer.B. Stocks the bread rack in a grocery store.C. Maintains, owns, and stocks a CD display in a grocery store.D. Sells jewelry out of a catalog.ANSWER: A

Which Non-Banking Financial Company (NBFC) got in-principal approval from the Reserve Bank of India (RBI) for establishing as well as operating White Label ATMs(WLAs) in the last week of June 2013?A. USB Financial Corporation Ltd.

B. Mahindra& Mahindra Financial Services Ltd.C. Escorts Finance Ltd.D. Muthoot FinanceANSWER: D

National Institute of Securities Markets (NISM) signed a Memorandum of Understanding (MoU) for the purpose of joint promotion of corporate as well as securitiesmarket governance with which institute?A. Institute for BankingB. The Institute of Chartered Accountants of IndiaC. The Institute of Company Secretaries of IndiaD. None of TheseANSWER: C


The performance of a hard drive or other storage device , meaning how long it takes to locate a file is called ?A. Response TimeB. Access Time

C. Quick TimeD. NoneANSWER: B

What growth percent is estimated by World Bank for the Indian Economy during 2013-14?A. 6 PercentB. 7 PercentC. 8 PercentD. 4 Percent


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ANSWER: A


The Mayaram panel was constituted to look into which one of the following areas?A. FDI limits in multi brand retailB. FDI limits across various sectorsC. FII limits in stock market investmentD. NoneANSWER: B

What is the least average daily per capita expenditure (DPCE) for village and cities respectively as per the latest data released by the National Sample SurveyOffice?A. Rs.17 and Rs.23B. Rs.21 and Rs.25C. Rs.15 and Rs.21

D. NoneANSWER: A

Indian Rupee has touched all-time lows in recent times. Which of the following holds true in view of falling rupee?A. Helps exportsB. Helps importsC. Helps FDI/FII inflowsD. NoneANSWER: A

Which of the following best defines a floating-rate bond?A. A bond with a fixed interest rate and has better yield than varying interest

rate bondB. A bond with a fixed interest rate and has lower yield than varying interest rate bondC. A bond with a varying interest rate and has better yield than fixed interestrate bondD. A bond with a varying interest rate and has lower yield than fixed interest rate bondANSWER: D

The RBI has decided to auction Inflation Indexed Bonds. The index of these Inflation Indexed Bonds is pegged to ___?A. WPIB. CPI

C. Both WPI and CPID. NoneANSWER: A

Samsung, the South Korean giant launched which device in Manhattan's Radio CityMusic Hall at Unpacked Events 2013 on 14 March 2013?A. Samsung Tab 3B. Samsung Galaxy CameraC. Samsung Grand 2D. Samsung Galaxy S4


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ANSWER: D

Which direct broadcast satellite television provider in the month of March 2013launched Video on Demand service for its Tata Sky+ HD subscribers?A. Tata SkyB. Airtel LiveC. Videocon DTHD. Dish TVANSWER: A

Where did Welspun Energy on 12 March 2013 commissioned Asia'slargest solar powerproject of 50 MW?A. Alwar, RajasthanB. Chittorgarh, RajasthanC. Jodhpur, RajasthanD. Dungarpur, RajasthanANSWER: C

Which company on 11 March 2013 acquired two gaming companies, Funnel Japan in Japan and Busan in South Korea?A. Airtel GamesB. SEGA GamesC. Techno Trax GamesD. Reliance Games

ANSWER: D

For what purpose did The Rajasthan State Industrial Development and Investment Corporation (RIICO) signed a Memorandum of Understanding (MoU) with South KoreanTrade Promotion Agency (KOTRA) on 11 March 2013 in New Delhi?A. For setting up Rajasthan State IndustryD. For setting up Korean Industrial ZoneC. For setting up Trade Promotion ZoneD. NoneANSWER: B

Which IT company of India signed a deal with India Post for managing the rural operations platform in order to develop the service delivery platform?

A. WiproB. SatyamC. InfosysD. IBMANSWER: C

Which Government bank of India decided to start around 1200 new branches in India as well as eight overseas branches in financial year 2013-2014?A. The State Bank of India (SBI)B. UCO BankC. Dena BankD. The Bank of IndiaANSWER: A

The State Bank of India on 11 March 2013 signed a bilateral term-loan agreementworth 250 million US Dollars or 1350 crore Rupees with which company?A. NTPC LimitedB. Oil and Natural Gas CorporationC. Projects and Development India LimitedD. Rural Electrification Corporation Limited (REC)ANSWER: D

Which mobile company won patent infringement suit against HTC in German Court on


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19 March 2013 in the case involving infringement of power-saving patent?A. SamsungB. NokiaC. MotorolaD. AppleANSWER: B

Reliance Life Insurance Company (RLIC) announced on 24 March 2013 that it launched new ________ called Reliance Life Care for You Advantage Plan. Fill in the blank with an appropriate option.A. healthcare productB. life insurance productC. auto insurance productD. none of theseANSWER: A

The US Food and Drug Administration (USFDA) lifted import alert on the Hyderabad-based antibiotics facility of which leading pharmaceutical research company ofIndia?A. RanbaxyB. Aurobindo PharmaC. Cadila HealthcareD. Glenmark PharmaceuticalsANSWER: B

Which feature was added by Google to its Google Play India Page which allows youto download or rent movies?A. Google Play MoviesB. Play My MovieC. Rent a MovieD. Watch My MovieANSWER: A

Which largest education company of India, on 26 March 2013 announced completionof the sale of its entire 50% stake in Eurokids International Limited?A. IndiaCanB. Oxfam India

C. Everonn Education limitedD. Educomp Solutions LtdANSWER: D

Which insurance giant was fined 30 million Pound by the Financial Services Authority (FSA) over AIA bid in March 2013?A. ICICI LombardB. Reliance InsuranceC. PrudentialD. AIG VyasyaANSWER: C

Apple in the month of March 2013 bought which indoor GPS mapping firm for 20 mil

lion dollars?A. BlueNavB. DirectRouteC. wifiSLAMD. TopoANSWER: C

Public Distribution System(PDS) is operated under the responsibility of the: 1.Central Government 2.State GovernmentsA. Only 1


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B. Only 2C. Both 1 and 2D. Neither 1 nor 2ANSWER: C

Which of the following agricultural commodity of India gives largest in terms ofexport value?A. TeaB. Basmati RiceC. SpicesD. CottonANSWER: B

Arrange the following in the descending order of the largest agricultural imports of India: 1.Pulses 2.Wood and Wood Products 3.Edible Vegtable OilsA. 1-2-3B. 1-3-2C. 2-1-3D. 3-2-1ANSWER: D

Consider the following Statements: 1.Indicative Planning is a feature of 'MixedEconomy'. 2.Perspective Planning is used by socialist countries where each and every aspect of planning is controlled by the State. Which of the above Statement

(s) is/are correct?A. Only 1B. Only 2C. Both 1 and 2D. Neither 1 nor 2ANSWER: A

What export target was announced by Union Government for the current financial year 2013-14 to support the slowdown in the global markets?A. 375 Billon DollarsB. 450 Billion DollarsC. 325 Billion DollarsD. 365 Billion Dollars

ANSWER: C

As per the Annual Supplement 2013-14 to Foreign Trade Policy (FTP) what is the Increase in trade deficit from the 183.4 US Billion Dollar last year?A. 190.91 US Billion DollarsB. 190.65 US Billion DollarsC. 194.65 US Billion DollarsD. 187.32 US Billion DollarsANSWER: A

The Cabinet Committee on Economic Affairs (CCEA) under Union Government on 18 April 2013 approved a ___________Rupees renewal package for watch and tractor maker company HMT. Complete the sentence.

A. 1083 CroreB. 1056 CroreC. 1042 CroreD. 1036 CroreANSWER: A

The Union Cabinet of India on 18 April 2013 gave its approval to the proposal ofthe Indian Railways for permitting use of its land for __________under ground,on the surface as well as elevated/over ground.A. Crossing Metro Network


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B. Crossing bus CorridorC. Crossing Rail NetworkD. Crossing Air NetworkANSWER: A

What number of Power Projects was approved by Union Government of India that include hydro, thermal & transmission projects with an Investment of 33000 crore rupees ?A. 13 Power ProjectsB. 15 Power ProjectsC. 16 Power ProjectsD. 17 Power ProjectsANSWER: A

How many business entities were penalized by the Competition Commission of India(CCI) for anti-competitive practices collectively for around 8000 crore Rupees.A. 19B. 17C. 15D. 12ANSWER: A

The British government in the second week of June 2013planned to introduce a newscheme requiring visitors from high risk countries in Africa and Asia, includin

g India and Pakistan, to put up a 4600 US dollars cash bond before entering Britain. Consider the following statements:i) The bonds, to be introduced from November, will only apply to non-EU migrants.ii) In 2012, 296000 people from India were granted six-month visas.Choose the right option:A. i and iiB. iC. iiD. NONEANSWER: A

SEBI (Securities and Exchange Board of India), the market regulator of India in

June 2013 notified guidelines for investment advisers and their associated person and made it compulsory for them to get the requisite certifications for them to operate in stock market. Name the body that will offer certifications for being a investment adviser?A. Institute of Securities MarketsB. National Institute of Securities MarketsC. National Institute of SecuritiesD. National Securities Market InstituteANSWER: B

As per the official data released on 14 June 2013, the inflation in India that is based on the Wholesale Price Index (WPI) fell to what Percent in percent in May 2013 , which itself is a result of decline in the prices of manufactured item

s and a slight rise in the prices of food items resulted in the measured fall ofinflation?A. 4.5 PercentB. 4.6 PercentC. 4.7 PercentD. 5.2 PercentANSWER: C

What is the growth percentage of India's food grain production in last nine years as it went up to 259 million tonnes in 2012-13 from 198.36 million tonnes in 2


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004-05 which is a result of government initiatives like National Food Security Mission, NFSM, and Rashtriya Krishi Vikas Yojana?A. 30 PercentB. 45 PercentC. 33 PercentD. 36 PercentANSWER: A

Look at this series: 2, 1, (1/2), (1/4), ... What number should come next?A. (1/3)B. (1/8)C. (2/8)D. (1/16)ANSWER: B


Look at this series: 36, 34, 30, 28, 24, ... What number should come next?A. 20


Look at this series: 15, __, 27, 27, 39, 39, ... What number should fill the blank?A. 51B. 39C. 23D. 15ANSWER: D

Look at this series: 72, 76, 73, 77, 74, __, 75, ... What number should fill theblank?A. 70B. 71C. 75D. 78ANSWER: D

What is used in most programs that is a part of a program and guides the user through certain steps?A. SoftwareB. WizardC. Wiki

D. NoneANSWER: B

A generic name for Intel processors released after the original 8086 processor is ______ ?A. PentiumB. x86C. Pentium 286D. NoneANSWER: B


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A network that is connected to the Internet, but uses encryption to scramble allthe data sent through the Internet is called ?A. My networkB. Virtual private NetworkC. Social NetworkD. NoneANSWER: B

Look at this series: 2, 4, 6, 8, 10, ... What number should come next?A. 11B. 12C. 13D. 14ANSWER: BLook at this series: 201, 202, 204, 207, ... What number should come next?A. 205B. 208C. 210D. 211ANSWER: DLook at this series: 544, 509, 474, 439, ... What number should come next?

A. 404B. 414C. 420D. 445ANSWER: ALook at this series: 80, 10, 70, 15, 60, ... What number should come next?A. 20B. 25C. 30D. 50ANSWER: A

Look at this series: 2, 6, 18, 54, ... What number should come next?A. 108B. 148C. 162D. 216ANSWER: ALook at this series: 5.2, 4.8, 4.4, 4, ... What number should come next?A. 3B. 3.3C. 3.5D. 3.6ANSWER: D

Look at this series: 8, 6, 9, 23, 87 , ... What number should come next?A. 128B. 226C. 324D. 429ANSWER: D

QPO, NML, KJI, _____, EDCA. HGF


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B. CABC. JKLD. GHIANSWER: AJAK, KBL, LCM, MDN, _____A. OEPB. NEOC. MEND. PFQANSWER: BBCB, DED, FGF, HIH, ___A. JKJB. HJHC. IJID. JHJANSWER: AP5QR, P4QS, P3QT, _____, P1QVA. PQWB. PQV2C. P2QUD. PQ3U

ANSWER: C

QAR, RAS, SAT, TAU, _____A. UAVB. UATC. TASD. TATANSWER: ADEF, DEF2, DE2F2, _____, D2E2F3A. DEF3B. D3EF3C. D2E3F

D. D2E2F2ANSWER: D

Economics is the study ofA. production technologyB. consumption decisionsC. how society decides what, how, and for whom to produceD. the best way to run societyANSWER: C

The opportunity cost of a good isA. the time lost in finding itB. the quantity of other goods sacrificed to get another unit of that good

C. the expenditure on the goodD. the loss of interest in using savingsANSWER: B

A market can accurately be described asA. a place to buy thingsB. a place to sell thingsC. the process by which prices adjust to reconcile the allocation of resourcesD. a place where buyers and sellers meetANSWER: C


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Short run average total costs are equal to the sum of _________ and __________A. short run opportunity costs, profitB. short run variable costs, profitC. short run average variable costs, profitD. short run average variable costs, short run average fixed costsANSWER: D

The short run marginal cost curve cuts the short run total cost curve and shortrun average variable cost curve ______________A. At their lowest pointsB. When they are decliningC. When they are increasingD. When marginal revenue is zeroANSWER: A

Holding all factors constant except one and increasing a variable factor is expected to lead to steadily decreasing marginal product of that factor. This is anexample ofA. decreasing returns to scaleB. the law of diminishing returnsC. constant returns to scaleD. an inefficient production techniqueANSWER: B

In the short run a firm will produce zero output if __________A. price is greater than short run average total costB. price is between short run average total cost and short run average variablecostC. price is less than short run average variable costD. profit is zeroANSWER: C

In a competitive industry each buyer and seller _____________A. Is a price takerB. Produce different productsC. Believes that can influence price

D. Prevents the entry of competitorsANSWER: A

For a competitive firm, its short run supply curve is ________ and its long runsupply curve is __________A. SMC, LMCB. SMC above SAVC, LMC above LACC. SMC below SAVC, LMC above LACD. SMC below SAVC, LMC below LACANSWER: B

For perfect competition to work there must beA. many buyers and sellers

B. a standard productC. free entry and exitD. allANSWER: D

A competitive firms demand curve isA. horizontalB. verticalC. downward slopingD. fairly elastic


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ANSWER: A

A competitive firm produces a level of output at which _________A. price is greater than marginal costB. price equals marginal costC. price is less than marginal costD. noneANSWER: B

Comparing a monopoly and a competitive firm, the monopolist will _______________A. produce less at a lower priceB. produce more at a lower priceC. produce less at a higher priceD. produce less at a lower priceANSWER: C

Perfect price discrimination means that every customer ____________A. buys the same amountB. pays the same priceC. contributes the same revenueD. pays what she thinks the product is worthANSWER: D

A monopoly may be self-perpetuating because profits may be used for

A. researchB. cost-savingC. technical advanceD. allANSWER: D

All of the following are types of imperfect competition exceptA. monopolistic competitionB. oligopolyC. monopolyD. unfair competitionANSWER: D

A natural monopoly has a declining ________ over a large range of outputA. long run marginal costB. short run marginal costC. long run average costD. long run marginal costANSWER: C

When a market is contestable, incumbent firms must _____________ to avoid the entry of new competitorsA. behave like competitive firmsB. agree to act togetherC. differentiate their productsD. practise price discrimination

ANSWER: A

The reason for the kinked demand curve is thatA. The oligopolist believes that competitors will match output increases but notoutput reductionsB. The oligopolist believes that competitors will match price increases but notoutput reductionsC. The oligopolist believes that competitors will match price cuts but not pricerisesD. The oligopolist believes that competitors will match price increases but not


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output increasesANSWER: C

The Prisoners' Dilemma Game demonstrates thatA. players are better off to act independentlyB. monopoly is better than competitionC. people will always cheatD. players are better off if they co-operateANSWER: D

In Nash equilibrium each player chooses the best strategy __________A. assuming other players move firstB. dominated by the other playersC. given the strategies of other playersD. that is a credible threatANSWER: C

A dominant strategy is ____________A. a winning strategyB. a losing strategyC. a players best strategy when moving firstD. a player's best strategy whatever the strategies adopted by rivalsANSWER: D

The substitution effect of a rise in the price of labour will ___________ the quantity of labour and the output effect will __________ itA. increase, increaseB. increase, reduceC. reduce, reduceD. reduce, increaseANSWER: C

A profit-maximizing firm will hire labour until __________ equals the ____________A. marginal revenue, marginal costB. long run marginal revenue, long run marginal costC. labour output ratio, capital output ratio

D. marginal cost of labour, marginal revenue productANSWER: D

The downward sloping marginal physical product of labour is the firm's ___________A. supply of labourB. short-run demand curve for labourC. marginal cost of labourD. marginal revenue product of labourANSWER: B

The participation rate in the labour force is affected byA. higher real wages

B. lower fixed costs of workingC. lower non-labour incomeD. ALLANSWER: D

Top footballers tend to earn more than lecturers becauseA. footballers give more entertainmentB. lecturers are lazyC. the labour markets are imperfectD. top footballers are relatively scarce in relation to lecturers


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ANSWER: D

Human capital can be described asA. the tools used by workers to enhance productivityB. a persons inherited abilitiesC. the stock of expertise accumulated by a workerD. educationANSWER: C

The most important source of wage differentials areA. regional variationB. unionizationC. relative dangerD. skillsANSWER: D

Skilled labour is relatively scarce becauseA. there are too few teachersB. too few student places in higher educationC. It is costly to acquire human capitalD. teachers' salaries are too lowANSWER: C

The opportunity cost of acquiring education is ____________

A. course feesB. course fees and living expensesC. the earnings foregoneD. course fees, living expenses and textbooksANSWER: C

By restricting labour supply a trade union can ____________ and ___________A. increase the wage, increase employmentB. maintain the wage, increase employmentC. increase the wage, lower employmentD. maintain the wage, lower employmentANSWER: C

In the UK under a _________ of the labour force belong to a trade unionA. quarterB. ThirdC. halfD. three-quartersANSWER: B

Unions achieve a higher wage differential the more _______________ and the more___________A. inelastic the demand for labour, they can restrict the supply of labourB. members they have, aggressive they behaveC. the economy is growing, people prefer leisureD. the productivity s growing, vacancies exist

ANSWER: A

Women and non-whites on average receive lower incomes than white men becauseA. they tend to work in relatively unskilled jobsB. educational disadvantageC. firms are reluctant to invest in trainingD. allANSWER: D

In the UK, in recent years, union membership has _________ and days of work lost


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because of strikes has __________A. grown, declinedB. declined, declinedC. declined, grownD. grown, grownANSWER: B

Involuntary unemployment exists if workersA. will not work at the offered wageB. Would work at the going wage but cant find jobsC. Will not work because the hours are anti-socialD. Are not prepared to move house to get the jobANSWER: B

Efficiency wages are _________ that raise ___________A. low wages, employmentB. high wages, labour supplyC. high wages, productivityD. high wages, employmentANSWER: A

The difference between gross investment and net investment isA. depreciation of the existing capital stockB. productive investmen

C. dwellingsD. inventoriesANSWER: A

The cost of using capital services is the ___________________A. wage rate of capitalB. interest chargesC. marginal capital costD. rental rate for capitalANSWER: D

The value of an asset depends uponA. its scrap value

B. its depreciationC. the present value of the future stream of income it can earnD. the cost of loansANSWER: C

The marginal revenue product of capital is the __________________A. change in a company's balance sheet when it acquires new plantB. additional value of output from using more capitalC. change in a company's share priceD. changing value of the capital stockANSWER: B

In the short run, the supply of capital is ____________ and in the long run will

depend on ____________A. variable, technologyB. fixed, expectationsC. fixed, rental rate of capitalD. variable, interest ratesANSWER: C

If workers get a real wage increase this will likely _______________ and ____________A. encourage the use of more capital in the long run, reduce demand for all inpu


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tsB. encourage the use of more capital, increase demand for all inputsC. encourage the use of less capital, reduce demand for all inputsD. encourage the use of less capital, reduce demand for all inputsANSWER: C

Land will be allocated between competing uses so that _______________A. housing gets priorityB. industry gets priorityC. farming gets priorityD. the equilibrium rental rate equilibrates total demand with supplyANSWER: D

Different capital intensity in different industries is mainly explained by _________ and _________A. wage differentials, skill levelsB. technology, the ease of factor substitutionC. government grants, international competitionD. patents, skill shortagesANSWER: B

In the insurance industry, high-risk customers are more likely to take out insurance. This is an example ofA. moral hazard

B. risk aversionC. adverse selectionD. a poor gambleANSWER: C


Look at this series: 21, 9, 21, 11, 21, 13, 21, ... What number should come next

?A. 14B. 15C. 21D. 23ANSWER: BLook at this series: 58, 52, 46, 40, 34, ... What number should come next?A. 26B. 28C. 30D. 32ANSWER: B

Look at this series: 3, 4, 7, 8, 11, 12, ... What number should come next?A. 7B. 10C. 14D. 15ANSWER: DLook at this series: 8, 22, 8, 28, 8, ... What number should come next?A. 9


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B. 29C. 32D. 34ANSWER: DLook at this series: 31, 29, 24, 22, 17, ... What number should come next?A. 15B. 14C. 13D. 12ANSWER: ALook at this series: 1.5, 2.3, 3.1, 3.9, ... What number should come next?A. 4.2B. 4.4C. 4.7D. 5.1ANSWER: CLook at this series: 14, 28, 20, 40, 32, 64, ... What number should come next?A. 52B. 56C. 96D. 128

ANSWER: B

SCD, TEF, UGH, ____, WKLA. CMNB. UJIC. VIJD. IJTANSWER: C

B2CD, _____, BCD4, B5CD, BC6DA. B2C2DB. BC3DC. B2C3D

D. BCD7ANSWER: B

FAG, GAF, HAI, IAH, ____A. JAKB. HALC. HAKD. JAIANSWER: AELFA, GLHA, ILJA, _____, MLNAA. OLPAB. KLMA

C. LLMAD. KLLAANSWER: DCMM, EOO, GQQ, _____, KUUA. GRRB. GSSC. ISSD. ITTANSWER: C


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ZA5, Y4B, XC6, W3D, _____A. E7VB. V2EC. VE5D. VE7ANSWER: D

In a free market __________ ___________A. governments interveneB. governments plan productionC. governments interfereD. prices adjust to reconcile scarcity and desiresANSWER: D

In the mixed economyA. economic problems are solved by the government and marketB. economic decisions are made by the private sector and free marketC. economic allocation is achieved by the invisible handD. economic questions are solved by government departmentsANSWER: A

Normative economics forms ___________ based on _____________A. positive statements, facts

B. opinions, personal valuesC. positive statements, valuesD. opinions, factsANSWER: B

Microeconomics is concerned withA. the economy as a wholeB. the electronics industryC. the study of individual economic behaviourD. the interactions within the entire economyANSWER: C

Macroeconomics is the study of ___________________

A. individual building blocks in the economyB. the relationship between different sectors of the economyC. household purchase decisionsD. the economy as a wholeANSWER: D

Data are important in economics because __________ and __________A. they suggest relationships for explanation, allow testing of hypothesesB. They can be used for tables, they can be graphedC. they can be used in computers, governments use themD. they provide interesting information, can be summarisedANSWER: A

Time series data show informationA. about the same point in time over different placesB. about different points in time over the same variableC. about different variables over different placesD. about different points in time over different placesANSWER: B

The retail price index is used to ______________A. construct price listsB. compare shop prices


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C.

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BA&a Questions Answers Aug - Oct 2013-01.11.2013