General Studies & Current Affairs for Bank, SSC, CLAT, Civil Services and other Competitive Exams

1. Where will Harley-Davidson start an assembly facility in India by the fi rst half of 2011, making it the iconic bike-maker’s only second ...

Current Affair on Business & Economy: February 2011


1. Where will Harley-Davidson start an assembly facility in India by the fi rst half of 2011, making it the iconic bike-maker’s only second facility outside U.S.?
a. Tamil Nadu
b. Maharashtra
c. Haryana
d. West Bengal

2. ‘Flipout’ has been launched in India by …
a. Motorola
b. Nokia
c. Samsung
d. Panasonic

3. The first indigenously manufactured helicopter cabin will roll out from the aerospace Special Economic Zone (SEZ) near which city?
a. Bangalore
b. Nasik
c. Lucknow
d. Hyderabad

4.  Name the fi rst private operator in the country to offer 3G services.
a. Bharti Airtel
b. Tata Teleservices
c. Reliance Communication
d. Idea Cellular

5. According to a FICCI-Ernst & Young report on “Direct Investments in the US by Indian Enterprises” released on November 3, 2010, India has emerged as the …fastest growing investor in the U.S.
a. First
b. Second
c. Third
d. Fourth

6. GlaxoSmithKline Pharmaceuticals expect reviving vaccines sales in India to drive an annual growth at …
a. 10-12 per cent
b. 14-15 per cent
c. 17-20 per cent
d. 22-25 per cent

7. Name the biggest employer from among the following Indian Private Companies.
a. TCS
b. Wipro
c. Patni
d. Reliance

8. Which chip maker recently entered into an alliance with global fi rms like BMW, Lockheed Martin, Shell and JP Morgan Chase to lay a road map towards adoption of cloud computing?
a. Navgrid
b. Navtech
c. Intel
d. IBM

9. BMW will introduce its premium range of motorcycles in the Indian market by December, which are likely to be priced from … onwards.
a.  `18 lakh
b.  `20 lakh
c.  `22 lakh
d.  `28 lakh



10. Hero Honda launched a new version of its 150cc bike Hunk, priced at `…
a.  `49990
b.  `59990
c.  `62000
d.  `65700

11. Who is the new Managing Director of Jindal Powers?
a. R. S. Sharma
b. Ajay Maken
c. Prem Bhatia
d. R. P. Goenka

12. Name the bank which will acquire 15 per cent stake in Destimoney Securities for `13 crore.
a. Dhanlaxmi Bank
b. UCO Bank
c. Axis Bank
d. HDFC Bank

13. World Investment Report is published by …
a. IBRD
b. WTO
c. UNCTAD
d. IMF

14. Tata Consultancy Services announced an ASP (application service provider) initiative
with Strate in …
a. France
b. Dubai
c. South Africa
d. USA

15. Canon India aims to earn revenue of … in the next 3 years from its new retail venture. 
a.  `600 crore
b.  `650 crore
c.  `700 crore
d.  `7,50 crore

16. Wipro secured an IT services contract from Electricity North West Ltd that operates
electricity distribution network in…. 
a. England
b. USA
c. Russia
d. Japan

17. Mercedes India aims to sell how many cars by Dec 2010?
a. 5000
b. 5900
c. 7000
d. 7300

18. Tata Motors is likely to increase the prices of its small car, Nano by how much?
a. 9,000
b. 12,000
c. 15,000
d. 20,000

19.  Punjab & Sind Bank’s initial public offer (IPO) will hit the capital market in the first half of ...
a. December
b. January
c. March
d. May

20.  RCML has acquired the UK operations of Barnard Jacobs Mellet for an estimated …
a. $40-50 million
b. $50 – 59 million
c. $62 – 64 million
d. $66 - 70 million

21. MOIL Limited will invest  `300 crore to expand work at its based underground mine in Balaghat district. With which state would you associate Balaghat?
a. Andhra Pradesh
b. Madhya Pradesh
c. Arunachal Pradesh
d. Maharashtra

22. What is the maximum investment limit for retail investors in any public issue as per SEBI?
a.  `50000
b.  `5000
c.  `100000
d.  `125000

23. JSW Energy announced to set up a 660 MW power plant at Vijayanagar in Karnataka at an estimated cost of ...
a.  `3,000 crore
b.  `3,300 crore
c.  `3,500 crore
d.  `3,700 crore

24. By which year does KFC expect to open 500 outlets in India?
a. 2013
b. 2015
c. 2017
d. 2020

25. Power Grid Corporation is among the three fi rms shortlisted by the … Government to manage the country’s electricity grid to be constructed at a cost of $3.5 billion.
a. Algerian
b. Australian
c. Nigerian
d. African

26. Havells India completed a business restructuring for its acquired brand Sylvania by closing down three plants. How many jobs did it cut in the process?
a. 1,260 jobs
b. 1,400 jobs
c. 1,500 jobs
d. 1,700 jobs

27. Yamaha Motor reported 19.21 per cent increase in its total sales in October at … units.
a. 30,303 units
b. 33,803 units
c. 37,251 units
d. 37,308 units

28. Swiss Watch brand Traser is likely to enter India next year in partnership with which watch retail chain?
a. Swatch
b. Guess
c. Titan
d. Ethos

29. NTPC has scrapped civil work contracts for its projects in Assam and … due to delays in equipment deliveries from the contractors.
a. Madhya Pradesh
b. Uttrakhand
c. Karnataka
d. Chhattisgarh

30. India recently signed a pipeline contract with …
a. Sri Lanka
b. Nepal
c. Japan
d. Turkmenistan

31. On what position does India stand, according to WEF Global Competitiveness Report?
a. 51
b. 57
c. 63
d. 72

32. India recently signed an MOU to co – develop and produce a new multi-role Transport Aircraft with …
a. USA
b. Qatar
c. Sri Lanka
d. Russia

33. Final round of negotiations on a comprehensive economic cooperation agreement was concluded between India and …
a. Pakistan
b. China
c. Japan
d. Bangladesh

34. ‘Company of the Year’ award in Economic times corporate Excellence awards 2010 was bagged by which company?
a. L&T
b. Hero Honda
c. Hundai
d. Skoda

35.  The theme of World Tourism Day – ‘Tourism and Bio-diversity was for the year …
a. 2005
b. 2007
c. 2009
d. 2010

36. China announced to provide $200 million to Sri Lanka for the second phase of … project.
a. Hambantota port develop-  ment project
b. Norochcholai power plant
c. Katunayake expressway
d. Colombo road projects

37. What is the effective rate of interest to be charged by Public sector banks on farm loans?
a. 2% pa
b. 2.5% pa
c. 4% pa
d. 5.0% pa

38. When was Information Technology Act introduced in India?
a. 1997
b. 2000
c. 2002
d. 2005

39. BAFTA award is associated with …
a. Cinema
b. Exports
c. Telecom sector
d. Tourism

40. As per a report released by US, the mineral deposit found in Afghanistan are worth …
a. $1 trillion
b. $1. 5 trillion
c. $1 billion
d. $1.5 billion

41. How many cities are covered under the Jawaharlal Nehru National Urban Renewal Mission?
a. 28
b. 42
c. 63
d. 91

42. Which bank will work as the fi rst Registrar for Unique Identifi cation Authority of India?
a. Cooperation bank
b. SBI
c. Axis Bank
d. Central Bank of India

43. The Chairman and Managing Director of National Housing bank is…
a. Martin Newson
b. R. V. Verma
c. Harsh Chitale
d. Jason Todd

44. For the fi scal year 2009 – 2010, what is the percentage share of  the NRI deposits in India’s total foreign department?
a. 16.2%
b. 18.4%
c. 20.8%
d. 22.4%

45. Religare Enterprises Ltd has agreed to buy a part of Citigroup's home loan portfolio in India for …
a. 4 billion rupees
b. 4.5 billion rupees
c. 5 billion rupees
d. 5.5 billion rupees

46. Who received the title of the best banker at the awards function organised by the Financial Express?
a. Chanda Kochhar, ICICI    Bank
b. Mr Aditya Puri, HDFC  Bank
c. Mr Sanjay Nayar, Citi Bank
d. Shikha Sharma, Axis Bank

47. Adani Enterprises has acquired an Australian Coal asset of Linc Energy in a deal worth …
a. $ 1.7 Billion
b. $ 2.7 Billion
c. $ 3.7 Billion
d. $ 4.7 Billion

48. What was the turnover of the Numaligarh Refi nery (NRL) for the fi scal year 2009 – 2010?
a.  `7,574 crore
b.  `7,774 crore
c.  ` 7,874 crore
d.  `8,274 crore

49.  Name the Education and Placement Services Company that has tied up with the Canadaheadquartered Corel to become its authorised online training partner.
a. Landmark
b. Naukari
c. EdServ
d. Shine

50. Which of the following country has declared Broadband Service as the fundamental right in the country?
a. Finland
b. Nigeria
c. Poland
d. USA

Answers
BUSINESS & ECONOMY
1. c. Haryana
2. a. Motorola
3. d. Hyderabad
4. b. Tata Teleservices
5. b. Second
6. b.14-15 per cent
7. a. TCS
8. c. Intel
9. a. `18 lakh
10.  b. `59990
11. a. R.S Sharma
12. a. Dhanlaxmi Bank
13. c. UNCTAD
14. c. South Africa
15. a. `600 crore
16. a. England
17. a. 5000
18. a. 9,000
19. a. December
20. a. $40-50 million
21. b. Madhya Pradesh
22. a. `50000
23. b. `3,300 crore
24. b. 2015
25. c. Nigerian
26. b. 1,400 jobs
27. c. 37,251 units
28. d. Ethos
29. b. Uttrakhand
30. d. Turkmenistan
31. a. 51
32. d. Russia
33. c. Japan
34.  a. L&T
35.  d. 2010
36. a. Hambantota port development project
37. d. 5.0% pa
38. b. 2000
39. a. Cinema
40. a. $ 1 trillion
41. c. 63
42. b. SBI
43. b. R.V. Verma
44. b. 18.4 %
45. c. 5 billion rupees
46. a. Chanda Kochhar, ICICI Bank
47. b.$ 2.7 Billion
48. c. Rs 7,874 crore
49. c. EdServ
50. a. Finland