BUSINESS GK TEST OCTOBER TEST - 1 TEST - 2 ARCHIVES  
Q1. The Securities and Exchange Board of India (SEBI) has allowed exchanges to introduce currency options on the pairing of ______ with the rupee, a development that provides another alternative to corporates for hedging against currency fluctuations.
1. US dollar 2. Yen
3. Euro 4. British Pound
             
Q2. The Union Cabinet has approved the release of _________ as interest subvention to state-owned lending agencies to ensure short-term crop loans to farmers at a concessional rate of seven per cent during the current fiscal.
1. Rs. 1,232cr 2. Rs. 2,430cr
3. Rs. 4,868cr 4. Rs. 6,000cr
             
Q3. FII stands for
1. Foreign Income and Interest 2. Foreign Institutional Investment
3. Foreign Institutional Involvement 4. Foreign Investment Interest
             
Q4. The Reserve Bank of India has imposed a penalty of _______ on ICICI Bank for violating Know Your Customer norms, and a similar amount on Standard Chartered Bank for not providing information on time about its foreign currency loan facility.
1. Rs. 21akhs 2. Rs. 5 lakhs
3. Rs. 10 lakhs 4. Rs. 15 lakhs
             
Q5. Luxury car maker Mercedez-Benz India Pvt. Ltd. in July 2010 sold record ______ units of cars.
1. 521 2. 500
3. 471 4. 350
             
Q6. Who among the following is appointed as new chief executive officer of Hyper City Retail in August 2010?
1. Mark Ashman 2. Spicy Men
3. Lee Ronaldo 4. Ronaldo Mac
             
Q7. Hi-fidelity stereo pioneer Sidney Harman has bought _______ from The Washington Post Co. for a nominal amount reported to be just a dollar.
1. Time 2. Newsweek
3. Wall Street Journal 4. Fortune
             
Q8. To which company do Tide, Old Spice and Pampers belongs?
1. Johnson & Johnson 2. SmithKline
3. Procter & Gamble 4. Hindustan Lever
             
Q9. India’s largest group of angel investors, Indian Angel Network Services Pvt. Ltd. in August 2010 announced to set up an incubation centre in ______.
1. Bangalore 2. Chennai
3. Delhi 4. Ahmedabad
             
Q10. Which of the following companies paid the highest price for 3G Spectrum?
1. MTNL 2. BSNL
3. AIRTEL 4. AIRCEL
             
Q11. Who initiated the Scientific Management Movement?
1. F.W. Taylor 2. Schumacher
3. Gilberth 4. Davidson
             
Q12. China and ______ the World’s top two exporting nations signed in Beijing a series of trade deals reportedly worth several billion dollars.
1. Japan 2. Germany
3. Brazil 4. South Korea
             
Q13. Which of the following reports and the organizations which bring them out is wrongly paired?
1. World Investment Report: UNCTAD 2. State of Food Insecurity in the World: FAO
3. Global Competitiveness Report: WTO 4. Human Development Report: UNDP
             
Q14. The United Nations Conference on Trade and Development (UNCTAD) said India would emerge as the _________ largest recipient of foreign direct investment (FDI) for the three-year period ending 2012.
1. Second 2. Third
3. Fourth 4. Fifth
             
Q15. Textiles maker and retailer Raymond Ltd. in August 2010 announced to add around _____ retail outlets in fiscal 2011.
1. 75 2. 90
3. 100 4. 110
             
Q16. India is the largest producer and consumer of tea in the world accounting ______ per cent of world production.
1. 17 2. 20
3. 27 4. 37
             
Q17. Heineken is an international brand originating in
1. Sweden 2. Japan
3. The Netherlands 4. The USA
             
Q18. Which Bank in August 2010 introduced new home loans and vehicle loan schemes on which the rate of Interest is offered at 8.25 per cent for the first year?
1. Corporation Bank 2. ICICI Bank
3. IDBI Bank 4. Vijaya Bank
             
Q19. Union Bank of India in August 2010 paid a dividend of ______ to the Government of India for the year 2009-10.
1. Rs. 106cr 2. Rs. 121cr
3. Rs. 136cr 4. Rs. 154cr
             
Q20. The term ‘mixed economy’ implies the co-existence of
1. Large-scale and cottage industries 2. Home industry and foreign collaborations
3. Agriculture and manufacturing industries 4. Public and private sectors
             
Q21. Which bank is with you ‘all the way’?
1. Allahabad Bank 2. State Bank of India
3. Indian Bank 4. Union Bank of India
             
Q22. Delhi Metro Rail Corp. Ltd. in August 2010 signed an agreement to construct Rs. 1250 cr metro rail for _____.
1. Jaipur 2. Nagpur
3. Ahmedabad 4. Chandigarh
             
Q23. Market regulator Securities and Exchange Board of India (SEBI) has proposed to double the investment limit for retail investors to ______ in public issues, a move that will enable individuals to aggressively participate in primary issues of companies.
1. Rs. 1 lakh 2. Rs. 2 lakh
3. Rs. 3 lakh 4. Rs. 4 lakh
             
Q24. The government has approved of 10% stake disinvestment in two public sector units. One of them is Coal India, which is the other one:
1. Hindustan Zinc Ltd. 2. Hindustan Copper Ltd.
3. Hindustan Iron Ltd. 4. Hindustan Aluminum Ltd.
             
Q25. The GMR Group, which runs the airport in New Delhi announced its net revenue of ______ for January- June 2010 period.
1. Rs. 1000cr 2. Rs. 1150cr
3. Rs.1230cr 4. Rs. 1387cr
             
Q26. The first two leading countries as per the statistics of 2009 in natural rubber’s consumption in the world are ______.
1. China and India respectively 2. China and Brazil respectively
3. China and USA respectively 4. USA and India respectively
             
Q27. The Reserve Bank of India was established in the year
1. 1935 2. 1947
3. 1950 4. 1951
             
Q28. The Indian income tax is:
I. Direct II. Progressive III. Indirect IV. Proportional
1. I and II 2. I and IV
3. II and III 4. III and IV
             
Q29. The slogan ‘The way the world lives’ is used by
1. AIWA 2. Kenstar
3. Thomson 4. LG
             
Q30. British Petroleum, the oil company responsible for the oil spill in gulf of Mexico has been penalized by the US government. What is the amount of fine?
1. 20 billion dollar 2. 15 billion dollar
3. 25 billion dollar 4. 35 billion dollar
             
Q31. Saina Nehwal will be the brand ambassador for _________ tourism.
1. Andhra Pradesh 2. Karnataka
3. Tamil Nadu 4. Kerala
             
Q32. Round Revolution in India is associated with
1. Potato production 2. Onion production
3. Maize production 4. Tomato production
             
Q33. Hyderabad based Transgene Biotek Ltd. in August 2010 announced to acquire _____ based bio pharma research firm Marillion Pharmaceuticals Inc.
1. America 2. Australia
3. Japan 4. China
             
Q34. Which mobile company in August 2010 announced the launch of Braille bill service for its mobile subscribers?
1. R Com 2. BSNL
3. Aircel 4. MTNL
             
Q35. The Asian Development Bank in August 2010 announced to provide a financial assistance of _______ to India to develop urban infrastructure in the NCR.
1. $100million 2. $125million
3. $150million 4. $175 million
             
Q36. Investment in public works is known as
1. Revenue expenditure 2. Current expenditure
3. Both 1 and 2 4. Capital expenditure
             
Q37. BGR Energy System Ltd. in August 2010 announced to set up two joint ventures with ______ Hitachi Ltd. to make power equipment in India.
1. America’s 2. Japan’s
3. Italy’s 4. Sweden’s
             
Q38. Which of the following uses the tag line ‘Taking you more personally’ in its ad slogan?
1. State Bank of India 2. Qatar Airways
3. Indian Railways 4. NDMC
             
Q39. To boost the availability of project finance for India's _____ sector the Reserve Bank of India in July 2010 has ceased restrictions on external commercial borrowings.
1. Infrastructure 2. Cement
3. Textile 4. Agriculture
             
Q40. If you were wearing something genuine since 1937, what would you be wearing?
1. Ray Ban 2. Picasso Paloma
3. Mont Blanc 4. Sheffers
             
             
     

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