1. The test comprises of 20 questions. You should complete the test within 15 minutes.
2. There is only one correct answer to each question.
3. All questions carry four marks each.
4. Each wrong answer will attract a penalty of one mark.

1. Fiscal deficit in the Union Budget means

  • a. The difference between current expenditure and current revenue
  • b. Net increase in Union Governments' borrowings from the Reserve Bank of India
  • c. The sum of budgetary deficit and net increase in internal and external borrowings
  • d. The sum of monetised deficit and budgetary deficit
  • e.Not Attempted

2. Arrange in chronological order of state formation:

  • a. Chhattisgarh, Uttranchal, Jharkhand
  • b. Uttranchal, Jharkhand, Chhattisgarh
  • c. Jharkhand, Uttranchal, Chhattisgarh
  • d. Jharkhand, Chhattisgarh, Uttranchal
  • e.Not Attempted

3. Who was iPod's chief engineer?

  • a. Jon Rubinstein
  • b. Tony Fadell
  • c. Rony Fadell
  • d. None of the above
  • e.Not Attempted

4. Who proposed the name iPod?

  • a. Steve Jobs
  • b. Vinnie Chieco
  • c. Stan Ng
  • d. Bill Gates
  • e.Not Attempted

5. Name the cellular service provider with which the Thapar company Crompton is associated

  • a. AirCell
  • b. SkyCell
  • c. pakTEL
  • d. Airtel
  • e.Not Attempted

6. The term 'Paper Gold' is associated with

  • a. Deficit budgeting
  • b. Currencies still in gold standard
  • c. Special drawing rights of the IMF
  • d. Special facility of the World Bank
  • e.Not Attempted

7. Top management in a company is involved in:

  • a. Supervising
  • b. Controlling
  • c. Planning
  • d. Motivation
  • e.Not Attempted

8.Which of the following measures is not likely to help in improving India’s balance of payments position?

  • a. Encouragement of import substitution
  • b. Imposition of higher duty on exports
  • c. Imposition of higher duty on imports
  • d. Devaluation of the rupee
  • e.Not Attempted

9. The costliest city in the world is

  • a. Washington DC
  • b. New York
  • c. Berlin
  • d. London
  • e.Not Attempted

10. Which company launched the first mobile phone operation in India?

  • a. Airtel
  • b. Hutch
  • c. BSNL
  • d. Modi Telstra
  • e.Not Attempted

11. Which of the following is not viewed as national debt?

  • a. Life Insurance policies
  • b. Long-term Government bonds
  • c. National Savings Certificates
  • d. Provident Fund
  • e.Not Attempted

12. Who measure National Income in India?

  • a. CSO
  • b. ISI
  • c. CSI
  • d. FCI
  • e.Not Attempted

13. When did the World Trade Organisation, which sets out rules for world trade, come into force?

  • a. 1948
  • b. 1951
  • c. 1954
  • d. 1995
  • e.Not Attempted

14. WLL stands for

  • a. Wireless Lope Local
  • b. Wireless in Local Lope
  • c. Wire Less Loop
  • d. Wire Less Locality
  • e.Not Attempted

15. `One Step Ahead' is the baseline of

  • a. Satyam
  • b. Silicon Graphics
  • c. TCS
  • d. Infosys
  • e. Not Attempted

16. Which of the following States will receive the highest share in the pool of resources to be transferred from the Centre to States, as per recommendations of the 12th Finance Commission for the period 2005-2010?

  • a. Andhra Pradesh
  • b. West Bengal
  • c. Maharashtra
  • d. Uttar Pradesh
  • e.Not Attempted

17. Who is the author of Madhusala?

  • a. Maithali Sharan Gupt
  • b. Harivanshrai Bacchan
  • c. Tulsi Das
  • d. None of these
  • e.Not Attempted

18. The production of oil has spawned a lot of wealth for many countries as well as businessmen. Which country is the world's largest producer of oil?

  • a. Saudi Arabia
  • b. Russia
  • c. USA
  • d. Kuwait
  • e.Not Attempted

19. What famous company was founded in 1984 by Len Bosack and his wife Sandy Lerner?

  • a. Nokia
  • b. Cisco Systems
  • c. Yahoo!
  • d. Computer Associates
  • e.Not Attempted

20. Which of the following States accounts for the largest share of industrial production and capital investment?

  • a. Gujarat
  • b. Maharashtra
  • c. Tamil Nadu
  • d. West Bengal
  • e.Not Attempted

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