General Knowledge 2011

Current affairs and news from early 2011, focusing on Indian budget, corporate developments, telecom sector, and government updates

30 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

What exemption limit for individual taxpayers was announced in the budget presented on February 28, 2011 in the Loksabha?

  1. Up to Rs. 1.8 lakh
  2. Up to Rs. 1.6 lakh
  3. Up to Rs. 1.5 lakh
  4. Up to Rs. 1 lakh
Question 2 Multiple Choice (Single Answer)

How much percentage increase (compared with budget 2010-11) in exemption limit for senior citizens was proposed in the budget presented on February 28, 2011 in the Loksabha?

  1. 4.167%
  2. 204.1%
  3. - 4%
  4. 0.041%
Question 3 Multiple Choice (Single Answer)

By what rate Minimum Alternate Tax increased of book profit in Budget 2011-12 presented on February 28, 2011 in Loksabha?

  1. 15% to 18%
  2. 18% to 18.5%
  3. No change
  4. 7.5% to 10%
Question 4 Multiple Choice (Single Answer)

What is the estimated loss in net revenue as a result of direct tax proposal in Budget 2011-12 presented on February 28, 2011 in Loksabha?

  1. Rs. 26,000 crore
  2. Rs. 11,300 crore
  3. Rs. 11,500 crore
  4. Rs. 4000 crore
Question 5 Multiple Choice (Single Answer)

What amount is proposed for cleaning of rivers and lakes other than The Ganga in Budget 2011-12 presented on February 28, 2011 in Loksabha?

  1. Rs. 500 crore
  2. Rs. 150 crore
  3. Rs. 200 crore
  4. Rs. 100 crore
Question 6 Multiple Choice (Single Answer)

Which company has emerged as the top player in the Indian external disk storage systems for the year 2010, according to IT research firm IDC (International Data Corp.) on march 4, 2011?

  1. HP
  2. EMC
  3. IBM
  4. None of these
Question 7 Multiple Choice (Single Answer)

How much will Russia charge NASA to fly U.S. astronauts to the International Space Station under the new contract signed between the two sides on March 14, 2011?

  1. About $51 million/person
  2. About $63 million/person
  3. About $100 million/person
  4. None of these
Question 8 Multiple Choice (Single Answer)

Which of the following are true about the proposal given by the Ministry of Commerce and Industry of India to Pharmexil on March 15, 2011?

(I) To print a barcode on every pharmaceutical product exported out of the country.
(II) It will be implemented from july 1, 2011.
(III) Barcoding would cost 50 paisa per strip.

  1. Only I And III
  2. Only I and II
  3. Only I, II and III
  4. Only II and III
Question 9 Multiple Choice (Single Answer)

Who is the new Jharkand Chief Secretary after the removal of A.K. Basu on March 15, 2011?

  1. Development Commissioner S.K. Choudhary
  2. P.C. Sharma
  3. Dharam Vir
  4. Rakesh Kumar
Question 10 Multiple Choice (Single Answer)

How much percentage increase has been proposed in allocation for education in budget 2011-12?

  1. 24%
  2. 16%
  3. 18.3%
  4. 10.9%
Question 11 Multiple Choice (Single Answer)

According to IT research firm IDC on march 4, 2011, with how much percent market share (in terms of revenue) IBM India got top position?

  1. 26.2%
  2. 26%
  3. 11.6%
  4. 1.5%
Question 12 Multiple Choice (Single Answer)

What is the amount allocated for Sarva Shiksha Abhiyan in budget 2011-12 announced in Loksabha on February 28, 2011?

  1. Rs. 244 crore
  2. Rs. 58000 crore
  3. Rs. 21000 crore
  4. Rs. 500 crore
Question 13 Multiple Choice (Single Answer)

How much percent increase is proposed in plan allocation for health in budget 2011-12 announced in Lok Sabha on February 28, 2011?

  1. 14.15%
  2. 20%
  3. 15%
  4. 17%
Question 14 Multiple Choice (Single Answer)

Which scheme has been proposed for SC/ST students studying in classes IX and X under Sarva Siksha Abhiyan in the 2011-12 budget announced in the Lok Sabha on March 28, 2011?

  1. Rastriya Swastha Bima Yojna
  2. Rajiv Awas Yojna
  3. Saakshar Bharat
  4. Pre-matric Scholarship
Question 15 Multiple Choice (Single Answer)

GE (General Electric), the US based company, which held its Corporate Excellence Council (CEC) meeting in New Delhi on March 14-15, 2011, decided to invest $ 200 million in India. Who is the Chairman & CEO of this company?

  1. Jeffery Immelt
  2. John Flannery
  3. Ray lave
  4. Samuel J. Palmisana
Question 16 Multiple Choice (Single Answer)

Which proposal had proposed to bringing green revolution to eastern region in Budget 2011-12 which is announced in Loksabha on February 28, 2011?

  1. Approval being given to setup 15 more mega food arks during 2011-12.
  2. To improve the rice based cropping system in the eastern region, allocation of Rs. 400 crore has been made.
  3. Oil palm plantation.
  4. Promote animal based protein production.
Question 17 Multiple Choice (Single Answer)

GE (General Electric), the US based company, which held its Corporate Excellence Council (CEC) meeting in New Delhi on March 14-15, 2011, decided to invest $ 200 in India. Who is the President and CEO of this company?

  1. Mr. K V Kamath
  2. John Flannery
  3. Jeffery Immelt
  4. Kensaku Konishi
Question 18 Multiple Choice (Single Answer)

GE (General Electric), the US based company, which held its Corporate Excellence Council (CEC) meeting in New Delhi on March 14-15, 2011, decided to invest $ 200 in India. Where does GE want to setup R&D in India?

  1. Bangalore
  2. Mihan (Nagpur)
  3. Madhepura (Bihar)
  4. Dabhol (Maharastra)
Question 19 Multiple Choice (Single Answer)

How many GSM subscribers were added in the month of February 2011, according to the data released by COAI (Cellular Operators Association of India) on March 17, 2011 (numbers do not include additions by Tata Docomo, the GSM services arm of TATA Teleservices and Reliance Telecom)?

  1. 555.06 million
  2. 540.37 million
  3. 23.87 million
  4. 14.69 million
Question 20 Multiple Choice (Single Answer)

How many GSM Cellular subscribers were added by Bharti Airtel in the month of February 2011, according to the data released by COAI on March 17, 2011?

  1. 3.55 million
  2. 2.51 million
  3. 1.66 million
  4. 3.20 million
Question 21 Multiple Choice (Single Answer)

GE (General Electric), the US based company, which held its Corporate Excellence Council (CEC) meeting in New Delhi on March 14-15, 2011, decided to invest $ 200 in India. Which is/are true about the investment of GE in India?

(I) Investment would be made in a phased manner.
(II) In 1st phase, an investment of $50 million would be made of total investment.

  1. Only I
  2. Only II
  3. Both I and II
  4. None of these
Question 22 Multiple Choice (Single Answer)

What was the subscriber base of BSNL at the end of February 2011 according to the data released by COAI on March 17, 2011?

  1. 85.09 million
  2. 5.17 million
  3. 53.50 million
  4. 86.80 million
Question 23 Multiple Choice (Single Answer)

What was the subscriber base of Airtel at the end of February 2011 according to the data released by COAI on March 17, 2011?

  1. 23.87 million
  2. 158.99 million
  3. 86.80 million
  4. approx 131 million
Question 24 Multiple Choice (Single Answer)

Which GSM cellular company added the highest number of suscribers in February 2011 according to the data released by COAI on March 17, 2011?

  1. Bharti Airtel
  2. Aditya Birla Group firm Idea Cellular
  3. Vodafone
  4. BSNL
Question 25 Multiple Choice (Single Answer)

The contract between Shipping Corporation of India and Dolphin Offshore Enterprises, signed on March 18, 2011, is of one year. What is the approximate value of the contract?

  1. Rs. 1450 million
  2. Rs. 870 million
  3. Rs. 580 million
  4. Rs. 144.95
Question 26 Multiple Choice (Single Answer)

The Chairman of Telecom Regulatory Authority of India (TRAI) is

  1. S. Sharma
  2. M. V. Nair
  3. Montek Singh Ahluwalia
  4. Samirendra Chatterjee
Question 27 Multiple Choice (Single Answer)

Reliance Infrastructure has bagged a Rs. 7200 crore order from Reliance Power on March 18, 2011 to build a power plant of capacity 2400 MW. Which is the proposed location of the power plant?

  1. Samalkot (Andhra Pradesh)
  2. Dahanu (Maharastra)
  3. Sameerwadi (Karnataka)
  4. Anpara Thermal Power Station (Uttar Pradesh)
Question 28 Multiple Choice (Single Answer)

Comptroller and Auditor General (CAG) has rapped five regulators for Contravention of Constitutional Provisions on March 18, 2011. Who are those regulators?

  1. SEBI, IRDA, PFRDA & PNGRB
  2. SEBI, IRDA, PFRDA & CERC
  3. SEBI, IRDA, PFRDA, CERC & PNGRB
  4. SEBI, PFRDA, CERC & PNGRB
Question 29 Multiple Choice (Single Answer)

How much amount of foreign aid is lying unused due to inadequate planning by ministries like Urban Development, Water Resources and Energy, according to a report by the Govt. Auditor-Comptroller & Auditor-General of India (CAG) on March 18, 2011?

  1. Rs. 1.05 lakh crore
  2. Rs. 23883 crore
  3. Rs. 11617 crore
  4. Rs. 9557 crore
Question 30 Multiple Choice (Single Answer)

Shipping Corporation of India has appointed Dolphin Offshore Enterprises as its subcontractor on March 18, 2011. Which of the following is/are true about the contract?

(I) Dolphin Offshore Enterprises will provide diving services on Board ONGC's two multi-support vessels, SAMUDRA SEVAK and SAMUDRA PRABHA and one Geo-technical vessel SAMUDRA SARVEKSHAK.
(II) This contract is for a firm period of one year starting from March 24, 2011.

  1. Only I
  2. Only II
  3. Both I and II
  4. Both I and II are wrong