1. The percentage expenses on various items during book production and sale.
If the “miscellaneous expenses” are Rs. 6000. How much more are “binding and cutting charges” than “Royalty”?
[A] Rs. 10500
[B] Rs. 4500
[C] Rs. 6000
[D] Rs. 6500
Show Answer
Correct Answer: B [Rs. 4500]
Notes:Difference in per cent cost of ‘binding and cutting charges’ and ‘rotalty’ = (18-15)%= 3%
Now, 4% of total cost = Rs. 6000
∴ 3% of total cost =
2. The term “Dipam” which was recently in news is associated to _?
[A] Demonetisation
[B] Deflation
[C] Disinvestment
[D] Disinflation
Show Answer
Correct Answer: C [ Disinvestment ]
Notes:
The Department of Disinvestment has been renamed as Department of Investment and Public Asset Management or ‘Dipam’. This step is aimed at proper management of Centre’s investments in equity including its disinvestment in central public sector undertakings. The new department has been mandated to "advise the government in the matters of financial restructuring of central public sector enterprises and for attracting investment through capital markets".
3. Wax Deoiling Technology, sometimes seen in news, is most commonly used in which of the following industries?
[A] Rubber Industry
[B] Petroleum Industry
[C] Iron & Steel Industry
[D] Textile Industry
Show Answer
Correct Answer: B [Petroleum Industry]
Notes:
The Council of Scientific & Industrial Research (CSIR) won the international competition to adopt the Wax Deoiling Technology at Numaligarh Refinery Ltd (NRL) in Assam. The Wax Deoiling Plant is based on indigenously developed technology and in line with the Make in India initiative. The Wax Deoiling Technology is used to produce waxes from petroleum streams. Paraffin wax is used for making candles, polishes, medicines, food packaging, paints, leather etc, while Microcrystalline Wax is mainly used in cosmetic industry.
4. As per the Economic Survey 2016-17, which state received the highest Redistributive Resource Transfers (RRT) from the Centre?
[A] Uttar Pradesh
[B] Gujarat
[C] Jammu & Kashmir
[D] Sikkim
Show Answer
Correct Answer: D [Sikkim]
Notes:
Redistributive Resource Transfer or RRT to a state (from the Centre) is defined as gross devolution to the state adjusted for the respective state’s share in aggregate Gross Domestic Product (GDP). The top 10 recipients are: Sikkim, Arunachal Pradesh, Mizoram, Nagaland, Manipur, Meghalaya, Tripura, Jammu and Kashmir, Himachal Pradesh and Assam.
5. Which of the following is the correct order of electricity generation under the ambitious target to develop 175GW renewable energy by 2022?
[A] Solar>Wind>Biomass>Small Hydro
[B] Solar>Small Hydro>Biomass>Wind
[C] Solar>Biomass>Wind>Small Hydro
[D] Solar>Biomass>Small Hydro>Wind
Show Answer
Correct Answer: A [Solar>Wind>Biomass>Small Hydro]
Notes:
The Government’s target to develop 175 GW of renewable energy by 2022 includes 100GW Solar, 60GW wind, 10GW biomass and 5GW small hydro. Of the total 100 GW solar installations, 40 GW would be rooftop and balance 60 GW would be ground-mounted utility scale.
6. Which of the following countries has been recently added to the South Asia Sub regional Economic Cooperation (SASEC) partnership, to become its seventh member?
[A] Myanmar
[B] India
[C] Indonesia
[D] China
Show Answer
Correct Answer: A [Myanmar]
Notes:
The South Asia Sub regional Economic Cooperation (SASEC) includes seven member countries-Bangladesh, Bhutan, India, Maldives, Nepal, Sri Lanka and Myanmar. Myanmar has been recently added to the list as the seventh member of the economic cooperation.
7. Which country’s government recently withdrew its largest banknote 100-bolivar from circulation in its latest attempt to tackle the world’s worst inflation crisis?
[A] Greece
[B] Canada
[C] Venezuela
[D] Indonesia
Show Answer
Correct Answer: C [Venezuela]
Notes:
The Venezuelan government withdrew its largest banknote 100-bolivar from circulation in its latest attempt to tackle the world’s worst inflation crisis.
8. The newly formed committee named “Disha” is associated with:
[A] effective implementation of Central government schemes at local Panchayat level
[B] use of Direct Benefit Transfer Mechanism for all kinds of subsidies transfer through Aadhaar-linked bank accounts
[C] financial restructuring of central public sector enterprises and for attracting investment through capital markets
[D] enhancing research, education, innovation and employment in the country
Show Answer
Correct Answer: A [effective implementation of Central government schemes at local Panchayat level]
Notes:
Recently, the Central Government formed a new committee named District Development Coordination and Monitoring Committee (DDCMC) in place of the original District Vigilance and Monitoring Committee (DVMC). The newly formed committee has been named as “Disha” in short, and it aims for the effective implementation of Central government schemes.
9. India’s first International Arbitration Centre has been inaugurated at which of the following places?
[A] Ahmedabad, Gujarat
[B] Mumbai, Maharashtra
[C] Hyderabad, Telangana
[D] Kolkata, West Bengal
Show Answer
Correct Answer: B [Mumbai, Maharashtra]
Notes:
The first International Arbitration Centre of India was recently inaugurated in Mumbai, Maharashtra. It aims to provide an arbitration platform for Indian business houses to negotiate commercial disputes. The MCIA will be an independent, not-for-profit organization (NGO) governed by a council comprising eminent national and international legal luminaries.
10. Recently, the Central Board of Secondary Education (CBSE) has directed to remove a chapter from class 9th textbook based on Nadar Community, due to ‘Caste conflict and dress change’ and 'derogatory' references to women from the Nadar community. The Nadar Community is predominantly found in:
[A] North India
[B] West India
[C] North East India
[D] South India
Show Answer
Correct Answer: D [South India]
Notes:
Nadar is a Tamil caste of South India and Sri Lanka. Nadars are predominant in the south Indian districts of Tuticorin, Kanyakumari, Tirunelveli and Virudhunagar.
