Important Current Affair on Business and Economy for Bank PO/MBA Entrance

1. The present Director General of Foreign Trade(DGFT) is …
(a) Amitabh Jain (b) R.S. Gujaral
(c) Sanjay Rastogi (d) Vinod Kumar Shrivastava


2. Which of the following is the longest National Highway of India?
(a) National Highway No. 5 (b) National Highway No. 7
(c) National Highway No. 8 (d) National Highway No. 9


3. Which of the following represents the number of major sea ports of India?
(a) 10 (b) 11
(c) 12 (d) 13


4. “Golden Quadrilateral”, is the name of the project that is linked with…
(a) waterways (b) airways
(c) roadways (d) None of these


5. Which of the following represents the present Cash Reserve Ratio(CRR) as on September 30,2009?
(a) 4.5% (b) 4.75%
(c) 5% (d) 5.25%


6. As per the World Competitiveness Report 2009-2010, which of the following is the most competitive economy of the world?
(a) USA (b) Switzerland
(c) Singapore (d) Sweden


7. As per the World Competitiveness Report 2009-2010, which of the following represents the rank of India?
(a) 47 (b) 48
(c) 49 (d) 50


8. As per the Corruption Perception Index (CPI)-2008 by Transparency International, the rank of India is...
(a) 81 (b) 83
(c) 85 (d) 87


9. Asia’s first Export Processing Zone (EPZ) was set up in the year 1965 at …
(a) Surat (b) Kandla
(c) Hyderabad (d) Vishakhapattnam


10. As per the Population Census 2001, which of the following represents the density of population of India?
(a) 267 persons per sq. km (b) 278 persons per sq. km
(c) 284 persons per sq. km (d) 325 persons per sq. km


11. Which of the following is NOT a component of Bharat Nirman?
(a) Irrigation Potential (b) Rural Telephony
(c) Rural Housing (d) Primary Education




12. Pradhan Mantri Gram Sadak Yojana was launched in ….
(a) 1999 (b) 2000
(c) 2002 (d) 2005


13. Who is the winner of the World Food Prize-2009?
(a) Gebisa Ejeta (b) Philip E. Nelson
(c) Robert Dole & George McGovern (d) None of these


14. Which of the following represents the WPI inflation as on March 28, 2009?
(a) 0.4% (b) 0.6%
(c) 0.8% (d) 0.9%


15. This person has been appointed as the chairman of the Unique Identification Authority of India recently. Can you name him from the given options?
(a) Sam Pitroda (b) Nanadan Nilekani
(c) K V Kamath (d) C. Rangarajan


16. National Dairy Development Board was established in the year ….
(a) 1963 (b) 1965
(c) 1967 (d) 1969


17. Which of the following is NOT TRUE about World Trade Organization (WTO)?
(a) This International Organization deals with the rules of trade between the nations of the world.
(b) The core functions of WTO includes, resolving trade disputes, administering WTO trade
agreements, Monitoring the national trade policies, providing forum for trade negotiations.
(c) Established after the replacement of GATS in 1994, this organization is headquartered at New
York and is headed by its Director General Pascal Lamy.
(d) All of the above are true.


18. Which of the following is NOT TRUE about the World Bank?
(a) It is a main source of technical and financial assistance to the developing nations of the world.
(b) It comprises of two development based institutions: International Bank for Reconstruction and
Development (IBRD) and International Development Association (IDA)
(c ) The IBRD focuses on the poorest countries of the world , whereas IDA focuses on the middle
income and poor countries that are creditworthy in nature.
(d) The affiliates of World Bank are: International Finance Corporation, Multilateral Investment
Guarantee Agency(MIGA) International Center for Settlement of Investment Disputes(ICSID)


19. Which of the following represents the number of the member countries of “Euro Zone”?
(a) 12 (b) 14
(c) 16 (d) 18


20. Which of the following person is the chairman of then State Bank of India ?
(a) K.C. Chakraborty (b) A.K. Purwar
(c) O.P. Bhatt (d) Deepak Parekh




21. As per the Union Budget 2009-2010, which of the following represents the fiscal deficit as a percentage of the GDP(as per provisional accounts) in 2008-2009?
(a) 4.5% (b) 5.3%
(c) 6.2% (d) 7.1%


22. Which of the following represents the target for agriculture credit flow in the year 2009-2010?
(a) Rs. 287000 cr (b) Rs. 325000 cr
(c) Rs. 360000 cr (d) Rs. 400000 cr


23. Pradhan Mantri Adarsh Gram Yojana is applicable to those villages that have population of Scheduled Castes above ….
(a) 25% (b) 50%
(c) 75% (d) None of these


24. National Livelihood Mission is the new avtar of ….
(a) Swarna Jayanti Gram Swarozgar Yojana (b) Pradhan Mantri Rozgar Yojana
(c) Sampoorna Grameen Rozgar Yojana (d) National Rural Employment Guarantee Act


25. As per the Union Budget , which of the following represents the percentage increase in the total expenditure in the Budget Estimates 2009-2010 over Budget Estimates 2008-2009?
(a) 26% (b) 29%
(c) 33% (d) 36%


26. Where would you find National Institute of Rural Development of India (NIRD)?
(a) Bhopal (b) Hyderabad
(c) Lucknow (d) None of these


27 Which of the following represents the venue of the 2012 Olympics?
(a) Madrid, Spain (b) London, UK
(c) Rio de Janerio, Brazil (d) Tokyo, Japan


28. Which of the following represents the year in which the Regional Rural Banks came into existence?
(a) 1973 (b) 1975
(c) 1977 (d) 1979


29. Who is the present President of the Confederation of Indian Industries of India?
(a) K.V. Kamath (b) Sunil Bharti Mittal
(c) Venu Srinivasan (d) Kumar Mangalam Birla


30. The present Comptroller & Auditor General (CAG) of India is …
(a) V.N. Kaul (b) Vinod Kumar Rai
(c) Wajahat Habibullah (d) Goolam E. Vahanwati


31. Which of the following is the causative virus strain of Swine Flu?
(a) A H1N1 (b) A H1N5
(c) A H5N1 (d) A H1N3




ANSWERS
1. b R.S. Gujaral
2. b NH-7
3. c 12
4. c roadways
5. c 5%
6. b Switzerland
7. c 49
8. c 85
9. b Kandla
10. d 24 persons per sq. km
11. d Primary Education
12. b 2000
13. a Gebisa Ejeta
14. c 0.8%
15. b Nandan Nilekani
16. b 1965
17. c Established after the replacement of GATS in 1994,this organization is headquartered at New York and is
headed by its Director General Pascal Lamy.
18. c The IBRD focuses on the poorest countries of the
world, whereas IDA focuses on the middle income
and poor countries that are creditworthy in nature.
19. c 16
20. c O.P. Bhatt
21. c 6.2%
22. b Rs. 325000 cr
23. b 50%
24. a Swarna Jayanti Gram Swarozgar Yojana
25. d 36%
26. b Hyderabad
27. b London, UK
28. b 1975
29. c Venu Srinivasan
30. b Vinod Kumar Rai
31. a A H1N1