Ref: GAT1002203 GENERAL AWARENESS TEST Time: 15 min.

(Economy)
Directions for questions 1 to 50: Select the correct alternative from the given choices.

1. Prime Minister Narendra Modi has recently launched 10. Hindustan Zinc Ltd. (HZL) of the Vedanta Group has
Pravasi Kaushal Vikas Yojana (PKVY). It is related recently received environment clearance for its
to _______.
1,200 crore Zawar Mines expansion project which
(A) skill development of minorities
(B) a skill development program targeted at Indian is located in _______.
(A) Odisha (B) Madhya Pradesh
youth seeking overseas employment
(C) overseas education (C) Maharashtra (D) Rajasthan
(D) guaranteed employment in overseas
11. ‘One state. Many worlds.’ is the punchline of which
of the following state tourism departments?
2. What is the time (duration) considered by a bank
(A) Andhra Pradesh (B) Karnataka
before declaring a loan (given by it) as defaulted and (C) Madhya Pradesh (D) Kerala
a non-performing asset (NPA)?
(A) 100 days (B) 90 days 12. Which of the following countries has given its
(C) 45 days (D) 365 days approval to associate itself with India in developing
Chennai, Ahmedabad and Varanasi as smart cities?
3. Round Revolution is associated with the increased (A) China (B) Japan
production of (C) USA (D) Russia
(A) potato. (B) oil seeds.
(C) eggs. (D) coffee. 13. Tim Cook is the CEO of
(A) Facebook. (B) Apple.
4. Which of the following PSUs has got an in-principal (C) Google. (D) Yahoo.
approval for the strategic disinvestment of 26 per
cent equity shares, thus making it the first major 14. Guangdong, china is the headquarters of
PSU to be sold through strategic disinvestment? (A) Samsung. (B) Oppo
(A) HAL (B) BHEL (C) Motorola. (D) HTC.
(C) BEML (D) BDL
15. ‘The Edge is Efficiency’ is the punchline of
5. Which of the following companies is headquartered (A) BSE.
at Seattle, Washington? (B) NYSE.
(A) Amazon (C) NASDAQ.
(B) Boeing (D) EURONEXT.
(C) LG
(D) Nike 16. The World’s first Digital Solutions Exchange in the
cloud “GOKADDAL” has been launched in India.
6. Which of the following is a not a brand of The GOKADDAL is based in ______.
Coca-Cola Company? (A) Singapore (B) Dubai
(A) Georgia Coffee (B) Fanta (C) New York (D) Hong Kong
(C) Limca (D) Mirinda
17. With effect from April 1, 2020, the Oriental Bank
7. In which year was the Rail Budget separated from of Commerce has been merged into _______.
the General Budget? (A) Bank of Baroda
(A) 1924 (B) 1925 (B) Punjab National Bank
(C) Union Bank of India
(C) 1932 (D) 1937
(D) Syndicate Bank
8. ‘With you - all the way’ is the punchline of which of
18. Who was recently appointed the new Chief
the following banks?
Executive Officer of Flipkart?
(A) State Bank of Hyderabad
(A) Sanjeev Mohanty
(B) Bank of Baroda
(B) Kalyan Krishnamurthy
(C) Indian Bank
(C) Kunal Bahl
(D) State Bank of India
(D) Sanjeev Agarwal
9. Who is the present Chief Economic Adviser to the
19. At which of the following stock exchanges can you
Union Government?
trade in ‘unlisted securities’?
(A) Arvind Subramanian (A) NSE
(B) Rajiv Mehrishi (B) OTCEI
(C) Raghuram Rajan (C) BSE
(D) Krishnamurthy Subramanian (D) CSE
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20. A country which neither exports nor imports is called a 33. Which committee has recently submitted its report
(A) mixed economy. (B) socialist economy. on the Socio-Economic and Caste Census (SECC)
(C) closed economy. (D) capitalist economy. to the Union government of India?
(A) Anand Shukla committee
21. In Indian, the capital market is regulated by (B) Nitin Kumar committee
(A) Reserve Bank of India. (C) Summit Bose committee
(B) Bombay Stock Exchange. (D) Rajat Sharma committee
(C) National Stock Exchange.
(D) Securities & Exchange Board of India. 34. The Multi-Dimensional Poverty Index (MPI), adopted
by UNDP, is developed by the
22. The Bokaro thermal power plant is located in (A) World Economic Forun (WEF).
(A) Bihar. (B) Chhattisgarh. (B) United Nations Educational, Scientific and
(C) Jharkhand. (D) Odisha. Cultural Organization (USECO).
(C) Melinda and Bill Gates Foundation.
23. Dr. Harilal Chaudhary is associated with India’s (D) Oxford Poverty and HDI Initiative.
(A) Rainbow Revolution.
(B) Green Revolution. 35. National Income in India is calculated by the
(C) White Revolution. (A) Central Statistics Office.
(D) Blue Revolution. (B) Finance Commission.
(C) Reserve Bank of India.
24. Who has recently been appointed the new chairman (D) Indian Statistical Institute.
of Tata Sons?
(A) Natarajan Chandrasekaran
36. The Ministry of Commerce and Industry has
(B) Noel Tata
launched a new scheme called Nirvik. It is related
(C) Indra Krishnamurthy
to ______.
(D) Nowroji Saklatwala
(A) increasing the revenue from GST
(B) enhancing loan availability to exporters and
25. ‘Mera Khata Bhagya Vidhata’ is the slogan of which
easing the lending process
of the following banks/schemes?
(C) enhancing loan availability to MSMEs
(A) Kisan Vikas Patra (KVP)
(D) increasing revenue from income tax
(B) Pradhan Mantri Krishi Sinchayee Yojana
(C) Bharatiya Mahila Bank
37. NABARD was established on the recommendations
(D) Pradhan Mantri Jan Dhan Yojana
of the
(A) Shivaraman Committee.
26. The fund for pooling disinvestment proceeds is
(B) Malhotra Committee.
known as
(C) Narasimhan Committee.
(A) Disinvestment Fund.
(D) Tarapore Committee.
(B) National Renewal Fund.
(C) Sinking Fund.
38. Which of the following development finance
(D) National Investment Fund.
institutions was established in 1955?
(A) IFCI (B) IDBI (C) ICICI (D) UTI
27. Which of the following is nicknamed the ‘Manchester
of India’?
39. Who among the following is the Ex-officio Chairman
(A) Bhiwandi (B) Ahmedabad
of NITI Aayog?
(C) Tiruppur (D) Mumbai
(A) Arvind Panagariya
(B) Narendra Modi
28. Regional Rural Banks were set up in
(C) Arun Jaitley
(A) 1973. (B) 1969. (C) 1980. (D) 1975.
(D) Sindhushree Khullar
29. What per cent of Foreign Direct Investment is
40. A majority of the Indian labour force is employed in
permitted under single-brand retail trading?
the
(A) 26% (B) 100% (C) 49% (D) 74%
(A) secondary sector.
(B) primary sector.
30. The Chairman of the First Finance Commission was
(C) tertiary sector.
(A) Y. B. Chavan. (B) A. K. Chanda.
(D) None of these
(C) K. Santhanam. (D) K. C. Neogy.
41. In India, disguised unemployment is commonly
31. Which is part of the primary sector? observed in the
(A) Fisheries (A) industrial sector.
(B) Forestry products (B) service sector.
(C) Mining (C) agricultural sector.
(D) All of the above (D) private sector.

32. ‘Kurkure’ is a brand owned by 42. PAHAL scheme, launched by the Government of
(A) PepsiCo. India, is related to
(A) interest subvention scheme of crop loans.
(B) ITC.
(B) DBTL scheme for LPG consumers.
(C) The Coca-Cola Company. (C) Pradhan Mantri Jan Dhan Yojana.
(D) Parle Agro. (D) Beti Bachao, Beti Padhao.
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43. The Jawaharlal Nehru National Solar Mission aims 47. Which is not true of India’s trade policy prior to 1991?
at adding how many MW of solar power in India (A) High tariffs
by 2022? (B) Tight import restrictions
(A) 10,000 (B) 20,000 (C) Transparency in issue of trade licenses
(C) 15,000 (D) 25,000 (D) Ban on import of consumer goods

44. Sensex is to BSE as Dow Jones is to 48. National Sample Survey compiles data on
(A) Tokyo Stock Exchange. unemployment on the basis of ‘worker population
(B) New York Stock Exchange. ratio’, which denotes the number of people
(C) Hong Kong Stock Exchange. employed for every _____ members of population.
(D) Frankfurt Stock Exchange. (A) 1000 (B) 100
(C) 10,000 (D) 1,00,000
45. The Deendayal Upadhyaya Gram Jyoti Yojana is
49. The S. S. Tarapore Committee recommendations
related to
are associated with
(A) housing. (A) Cash Reserve Ratio.
(B) skill development. (B) Bank rate.
(C) electricity. (C) Repo Rate.
(D) banking. (D) Capital Account Convertability.

46. The Union Government launched ‘Mission 50. Unemployment generated due to transitional
Indradhanush’ to/for _______. unemployment is called
(A) increase agriculture productivity (A) structural unemployment.
(B) immunize kids against seven vaccine preventable (B) disguised unemployment.
diseases (C) seasonal unemployment.
(C) flood-warning systems (D) frictional unemployment.
(D) boost manufacturing sector

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