Business GK (2011)

The Nuclear Suppliers Group (NSG) was established in 1974. It was created in response to India's first nuclear test (Smiling Buddha) to ensure that nuclear exports are not diverted to develop nuclear weapons.

In 2011, the retail industry was one of the largest sectors in the Indian economy, contributing approximately 22% to the country's Gross Domestic Product (GDP).

Following the acquisition of Ranbaxy Laboratories by the Japanese pharmaceutical company Daiichi Sankyo, Dr. Tsutomu Une was appointed as the Chairman of the Board.

In 2011, Nokia remained the market leader in the Indian mobile handset market, maintaining a significant share of sales before the rapid expansion of smartphone competitors like Samsung.

In 2011, Russia was the world's second-largest producer of crude oil, following Saudi Arabia. The United States was the third-largest producer at that time, before the shale boom significantly increased its output in later years.

Among the options provided, the British Pound Sterling (GBP) typically has the highest exchange value per unit. Historically, one Pound is worth more than one Euro or one US Dollar in the foreign exchange market.

In the modern metric system used for trade in India, one tola is standardized as exactly 10 grams. Although the traditional British Indian tola was 11.66 grams, the 10-gram measurement is the current industry standard for gold.

In 2011, the United States was the world's largest apparel market by value. It was the leading consumer of garments and textiles globally, though China has since grown to challenge this position.

Under the Special Economic Zones (SEZ) Act, units are granted a 100% income tax exemption on export income for the first five years of their operation. This incentive is designed to promote exports and attract foreign investment.

Mangalore Refinery and Petrochemicals Limited (MRPL) is a subsidiary of the Oil and Natural Gas Corporation (ONGC). ONGC acquired a majority stake in the company in 2003, making it a key part of its downstream operations.

The Corolla is a popular line of compact cars manufactured by Toyota. It was first introduced in 1966 and has since become one of the best-selling automobile nameplates in history.

UBS Group AG is a multinational investment bank and financial services company founded and headquartered in Switzerland. It is the largest Swiss banking institution and one of the largest private banks in the world.

Correct answer is (1). 

Correct answer is (3).