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1. A kind of indirect tax in which goods are taxed by their values is called --> Ad Valorem
2. What is Autarchy --> a country is self-sufficient to fulfill all needs
3. A systematic record of all economic transactions completed between residents ofa country and the rest of the world in a year is known as --> Balance of Payment
4. "A statement of estimated receipts and expenditures called annual Financial Statement (Budget) has to be placed before parliament for each financial year. " which article says this --> Article 112
5. What are indirect taxes --> taxes paid by a consumer when buying goods or services
6. When we decrease interest payments from fiscal deficit , the figure arrived is known as --> Primary deficit
7. Monetary Policy is the sum total of action taken to regulate the level of money or liquidity in the economy or change interest rates. Who takes this action --> Reserve bank of India
8. When the government fails to check inflation , it raises income tax and the corporate tax. What do we call such tax --> Buoyancy
9. Capitalism is based upon "Laissez-faire system". What is "Laissez-faire system" --> No governmental intervention
10. To control inflationary pressure and Monetary authorities restrict credit as and when required. What is the restriction called --> Credit Squeeze
11. Those goods which have positive relationship between price and quantity demanded are called as --> Giffin Goods
12. " Bad money (if not limited in quantity ) drives good money out of circulation" Which law had said this --> Gresham's Law
13. What is Monopsony --> when there is a single buyer i.e. buyer's monopoly
14. " paper Gold " is another name of --> SDR, Special Drawing Rights
15. A state of economy in which economic activity is slowing down but wages and prices continue to rise . What is the term for this
phenomena --> Stagflation (Stagnation + Inflation)
16. Jawahar Rozgar Yozna was launched in which 5 year plan --> Seventh, 1 April 1989
17. As per 2001 census , what is sex ratio in India --> 933
18. In first five year plan, what was given the highest priority --> Agriculture , Irrigation and Power Projects
19. "To achieve a 25% increase in national income through rapid industrialization" was an aim of which five year plan --> second, 20% was actually achieved
20. What is the growth rate target in 11th plan --> It is 9.0%
21. Which was the first insurance firm in India --> Oriental Life Insurance Company in 1818
22. What was the share of Agriculture in 2006-2007 in GDP --> 18.5%
23. In which year new " Liberalized Industrial Policy " in India was announced --> 1991
24. Which decade of the Indian planning has been the best decade for agricultural growth --> Eighties
25. In which year MRTP act became effective --> 1970
26. How many industries were reserved for the Public Sector in 1991 Liberalized Economic Policy --> 8
27. In which five year plan highest percentage of plan outlay was invested in Irrigation & Energy --> First
28. In an oligopolistic or monopolistically competitive market, firms will not raise their prices because even a small price increase will lose many customers. This follows to which theory --> Kinked Demand or Kink Curve Theory
29. What should not be deducted from the total revenue of the firm for arriving at profits for the year --> dividend paid to ordinary shareholders
30. Profit for the year divided by the average number of shares, we come at a figure which is called --> Earning Per Share, EPS
31. What do we call the costs that vary directly with the production of one additional unit --> Variable Unit Cost
32. Why a supply curve of a commodity falls downward --> Cost falls as the production grows
33. Fixed cost is used in marginal cost . True / False --> False
34. When Depreciation is subtracted from GDP , which figure we arrive at --> Net Domestic Product as Market Price
35. What is to be divided by population to arrive at Percapita Income --> National Income
36. When there is a decrease in the money relative to supply of goods and services it is inflation / deflation --> deflation
37. Which sector has largest contribution in Gross Domestic Savings in India --> Household Sector
38. Provident Funds are part of national Debt. True / false --> False
39. What are the three methods used for national income calculation --> Product method, Income method and Expenditure method
40. In which year expenditure tax was imposed for the first time --> 1987
41. Estate duty is a direct tax. True/ False --> True
42. What was the price set for wheat in Antyodaya Anna Yojana --> Rs. 3/kg
43. What is full form of TRYSEM scheme --> Training of Rural Youth for Self Employment
44. What was the growth of Muslim and Hindu population during 1991-2001 census --> Muslim 29.3% , Hindu 20%
45. The only union territory which shows a favorable sex ratio is --> Pondicherry 1001 females per 1000 males
46. What was Kerala's sex ratio in 2001 census --> 1058
47. What was male literacy rate in 2001 census --> 75.3%
48. The money owed by the central government to domestic and foreign lenders is known as --> National Debt
49. In India Public Sector is Most Prominent in which sector --> Transport
50. Where was set up the first steel factory in India --> Burnpur


51. An extreme form of rainfall, sometimes mixed with hail and thunder, which normally lasts no longer than a few minutes but is capable of creating minor flood conditions. Name it --> Cloudburst
52. "Owen Falls" is world's greatest man made lake. Where is it located --> Uganda
53. Lloyd Barrage is a 6166 mile long network of canals, feeding the largest irrigation system in the world, with more than 5 million acres of irrigated land. In which country it is located --> Pakistan
54. What are "Bantus" --> Negroes of central & South Africa
55. which one is the largest desert of Asia --> Gobi
56. What kind of a desert is Gobi --> rain shadow desert
57. Which type of forests are mostly found in Tropic Climatic areas --> Evergreen
58. On western slopes of the Western Ghats in States e.g.Kerala and Karnataka and jaintia and khasi hills which types of forest are
found --> evergreen
59. Marble is an example of which kind of rock --> Metamorphic
60. What is foliation in metamorphic rocks --> the layering within metamorphic rocks
61. The changes that take place when magma is injected into the surrounding solid rock , what kind of metamorphism is this called --> Contact Metamorphism
62. Changes in great masses of rock over a wide area where rocks can be metamorphosed by being at great depths below the Earth's
surface, subjected to high temperatures and the great pressure caused by the immense weight of the rock layers above. Name it --> Regional metamorphism
63. Rock formed by deposition and consolidation of mineral and organic material and from precipitation of minerals from solution is
called --> sedimentary rock
64. What are the three kinds of sedimentary rocks --> clastic, organic , chemical
65. The rocks composed of discrete fragments or clasts of materials derived from other minerals, composed largely of quartz with other
common minerals including feldspar, amphiboles, clay minerals are known as --> Clastic
66. A weathering in which the breakdown of rock into particles without producing changes in the chemical composition of the minerals
in the rock is called as --> Mechanical weathering e.g.. Ice
67. What is the main quality of quartz as a mineral --> one of the most mechanically and chemically resistant minerals
68. Other than Moon and Sun , which other celestial body appears brightest in the sky --> Venus
69. Which rock is formed by magma (molten rock) being cooled and becoming solid --> Igneous
70. Which igneous rocks are formed from magma that cools and solidifies within the earth surrounded by pre-existing rock (called
country rock), the magma cools slowly, and as a result these rocks are coarse grained --> Intrusive Igneous Rock
71. Which rocks are formed at the Earth's surface as a result of the partial melting of rocks within the mantle and crust --> Extrusive igneous rocks
72. What is the rock type and origin of granite --> igneous rock and is formed from magma
73. The Red Pyramid of Egypt named for the light crimson hue which is the third largest of Egyptian pyramids has mainly use of --> granite surface
74. Which type of the rocks most prized by climbers, for its steepness, soundness, crack systems, and friction --> Granite Rocks
75. mid-ocean ridge is an example of which kind of valley --> Rift Valley
76. The temperatures soar high in the day, while dipping greatly at night. As the rock heats up and expands by day, and cools and
contracts by night, stress is often exerted on the outer layers. What kind of expansion is this --> Thermal Expansion
77. A type of physical weathering caused by the growth of salt crystals is called as --> Haloclasty
78. An inorganic chemical reaction where water is added to the crystal structure of a mineral, usually creating a new mineral, is called as --> mineral hydration and new mineral is called hydrate
79. What is the name of the mechanism by which Portland cement develops strength --> Hydration
80. Where in India an active volcano has been found --> Barren Island
81. Zoji la Pass is in which state --> J & K
82. In which state is Bara Lacha Pass --> Himachal Pradesh
83. Jeep La pass is in which state --> Sikkim
84. ………..degree East is the longitude which determines Indian standard Time --> 82.5
85. from which lakes Table Salt is Obtained --> Sambhar
86. Which city can never get vertical rays of Sun --> Sri Nagar
87. Hirakud Hydel Power station is on which River --> Mahanadi
88. Kota Hydel Power station is on which River --> Chambal
89. Which state produces maximum black pepper --> Kerala
90. Where is located Forest Survey of India --> Dehradun
91. Kampala is the capital of which country --> Uganda
92. KLM airways belongs to which country --> Netherlands
93. " Kohoutek" is a --> Comet
94. Which country is called the "land of the morning calm" --> Korea
95. The lines on a map connecting regions of equal geochemical characteristics are called --> Isocons
96. Littoral forests are rich sources of --> Firewood
97. "Loti" is a --> currency (The loti (pl. maloti) is the currency of the Kingdom of Lesotho )
98. What are the main criteria of dividing major natural regions of the world --> temperature, rain fall and vegetation
99. Mediterranean Sea is connected to Atlantic with --> Strait of Gibraltar
100.Palk strait divides India and Sri Lanka. Which state of India gets connected with sri Lanka with Palk Strait -->Tamil Nadu


301. What was Rank of Lakshmi Mittal & Mukesh Ambani in 10 World's Billionaires by Forbes Magazine --> Lakshami 8 , Mukesh 7
302. The excavations at Utkottai in Tamil Nadu have unraveled the historical facts related to which Chola King of 11-12th Century AD --> Rajendra Chola-I
303. Who was declared Player of Tournament in Women's World Cup --> Claire Taylor
304. Which team won the 17th senior National Women's Championship in Neyveli on March 2009 --> Manipur
305. Accenture Match Play Championship is related to which sports --> Golf
306. Which company has won three awards at the 'Goafest 2009' advertising festival recently (April 12, 2009) --> Himani
307. A summit of Asian leaders was cancelled on after anti-government protesters swarmed into the meeting's venue, renewing doubts about the durability of the government. Where --> Thailand
308. World Hemophilia Day is celebrated on what date --> April 17
309. IIPCAG, comprising key representatives involved in IP criminal law enforcement. What is the full form --> Interpol Intellectual Property Crime Action Group
310. On what date World Press Freedom Day is celebrated --> 3 May
311. Which north east state was brought under President Rule recently --> Meghalaya
312. The National Advisory Committee on Accounting Standards (Nacas), on accounting policies followed by the Indian industry, has favored suspending for two years of which norms --> AS 11
313. Who has written I Witness: Partial Observations --> Kapil Sibal
314. Where was held the 18th Global Summit of Women --> Hanoi
315. An autonomous underwater vehicle which is to be produced by India by 2009 is --> Varunastra
316. Which spacecraft of America took the first closeup photographs of Moon --> Ranger 7
317. Shanghai Cooperation Organization's conference on Afghanistan, was held in march 2009 at which place --> Moscow
318. Recently , due to political upheavals Madagascar was expelled from which union --> The African Union
319. Which country has been a cause of souring China & US relationships --> Taiwan (China is unhappy over military sales of US to Taiwan)
320. Baden-Baden and Kohl in Germany were recently in news because of the following summits held there --> NATO summit
321. Where was Global Automotive Sourcing Summit 2009 held on April 21, 2009 --> Shanghai
322. Automobile Major Bajaj has tied up with which companies to bring out the ULC' (ultra low cost), car by 2011 --> Renault & Nissan
323. CBI court has recently sentenced M Gopalakrishnana to 14 years rigorous imprisonment for fraud and misuse of official position while being CMD of which bank --> Indian Bank
324. Swine Flu which has recently hit Mexico and other countries is a mutated strain of the virus denoted by --> H1N1
325. Who is the new Finance Secretary of India --> Mr. Ashok Chawla
326. Which government had established Abel Prize on the pattern of Nobel Prizes --> Norway
327. Recently Mr. Bindeshwar pathak was given Stockholm Water Prize 2009. He belongs to which of the NGO --> Sulabh International
328. Who presents Luther L Terry awards --> American Cancer Society
329. Which award was conferred to Shamshad Beghum recently --> Padma Bhushan
330. Serfs Emancipation Day is related to which Place --> Tibet
331. Bacillus Aryabhatta is a name given to a new bacteria strain found by --> ISRO
332. The campaign " Incredible India" was launched by Ministry of Tourism and a TV channel . Which is that TV channel --> NDTV
333. national Technology Day is celebrated on which date --> 11 May
334. On what date World-No Tobacco Day is observed --> May 31
335. ANTRIX is a corporation of government of India. What is the purpose of ANTRIX --> Commercially sell Products & Services of Indian Space Program
336. Which diseases is called " Pink Eye" --> Conjuctivitis
337. Baba Amte is known for which of the following social work --> Work for Leprosy Patients
338. National Security Guards was created by the Government of India on the pattern of Special Air Service & GSG-9 of two European Countries. Which are these two countries respectively --> UK & Germany
339. National Sample Survey Organization (NSSO) conducts nationwide sample surveys on various socio-economic issues in successive rounds, each round covering subjects of current interest in a specific survey period. Who is the founder of this Organization --> Prof. P.C.Mahalanobis
340. Which organization of Government of India is the repository of the non-current records of the Government of India and is holding them in trust for the use of administrators and scholars --> The National Archives of India
341. Which committee has been constituted by Supreme Court to curb the menace of Ragging --> Raghavan Committee
342. When was The Hindu marriage Act enacted by the parliament --> 1955
343. Where is located the SEZ Rajiv Gandhi Technology Park --> Chandigarh
344. Which peak of the Himalaya has the name Chogo Gangri --> K2
345. Which port is called Child of Partition --> Kandla
346. Which is the currency of Israel --> Shekel
347. What was "Colonial Height" that struck Virginia of US in 2008 --> Tornado
348. What was "Gustav" --> A Hurricane , that struck US Gulf Coast in September 2008
349. Which summit was held in Hua Hin Thailand recently (March 2009) --> ASEAN
350. Recently the word " protectionism" was in newspapers. What is the precise definition of protectionism --> Raising Barriers in Trade between two countries

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