Banking, Economy & Business Current Affairs - 2009

Which of the following statements about Subir Gokarn who was appointed Deputy Governor of the RBI recently are correct?
I.          He was Asia-Pacific Chief Economist at credit rating agency Moody's before his appointment as RBI Deputy Governor
II.         He was Chief Economist at Indian credit rating firm ICRA before joining Moody's in 2007
III.        He has also served as Chief Economist at the National Council of Applied Economic Research (NCAER)

Which of the following statements about Tarun Das who stepped down from his position at a leading industry association recently is/are correct?
I.          He was associated with the Confederation of Indian Industry
II.         He stepped down as the Director General of the industry association
III.        He was earlier conferred won the honorary CBE (Commander of British Empire) by Her Majesty, the Queen of England, for his contribution to Indo-British Partnership

K. R. Kamath was appointed as the new Chairman and Managing Director of which public sector bank recently?

The Union government's fiscal deficit in the first half (April-September 2009) of the current financial year amounted to 49.3 per cent of the target. What is the fiscal deficit target for 2009-10 according to the Budget announced earlier this year?

Subir Gokarn was appointed as its fourth Deputy Governor by the RBI recently. Who among the following are the other three Deputy Governors?

The Union government's revenue deficit in the first half (April-September 2009) of the current financial year amounted to 39.8 per cent of the target. What is the revenue deficit target for 2009-10 according to the Budget announced earlier this year?

Which of the following statements about austerity measures introduced by the Union Finance Ministry to curb government expenditure in September 2009 are correct?
I.          Ministries and Departments were asked to cut non-plan expenditure by ten per cent in case of some expenses and five percent in case of the remaining ones
II.         Ministries and Departments were asked not to hold conferences in five star hotels
III.        Plan expenditure was subjected to a token one percent cut

HDFC and ICICI were in news recently over Union government concerns over foreign investment in their insurance ventures exceeding the ceiling of 26%. Which of the following statements about HDFC and ICICI Bank are correct?
I.          ICICI Bank operates a life insurance JV with Prudential of the UK and a general insurance business with Lombard of Canada
II.         HDFC has joint venture with Aegon of Netherlands for life insurance and Germany's Allianz for general insurance
III.        Management control in the insurance businesses of both HDFC and ICICI Bank is with their foreign joint venture partners

The Reserve Bank of India increased the Statutory Liquidity Ratio (SLR) by 100 basis points recently while keeping other rates unchanged. Which of the following rates is incorrect?

The Reserve Bank of India forecast for GDP growth in 2009-10 made in its second quarter (July September 2009) review of Monetary Policy 2009-10 recently is the same as it was in its first quarter (April-June 2009) review of Monetary Policy 2009-10 in July 2009. What is the current RBI GDP growth forecast for 2009-10?

The Centre for Monitoring Indian Economy (CMIE) revised upwards its GDP growth forecast for 2009-10 _____ in November 2009.

According to the Reserve Bank of India norms, Statutory Liquidity Ratio (SLR) should not exceed _________ of the total of its demand and time liabilities of a commercial bank in India.

An 11 member Commission headed by a former President of Mexico completed an external review of the World Bank's governance and submitted its report to the Bank President Robert B. Zoellick recently. Who was the only Indian in the 11 member Commission?

The NDTV Profit Business Leadership Awards 2009 were given away in Mumbai recently. Which of the following combinations is incorrect?

Which of the following ceased to exist recently?

The NDTV Profit Business Leadership Awards 2009 were given away in Mumbai recently. Which of the following combinations is incorrect?

Which of the following has forecast the highest GDP growth rate for 2009-10 for the Indian economy?

The NDTV Profit Business Leadership Awards 2009 were given away in Mumbai recently. Which of the following combinations of Business Leader Awards in different sectors is incorrect?

Which of the following was in news for its Initial Public Offer (IPO) in October 2009?

Which is the highest ranked country according to the 2009 Legatum Prosperity Index released recently and what is India's rank in the same list? The Index is published and compiled by the Legatum Institute, an independent policy, advocacy and advisory organization.

The Sitapura Industrial Area near Jaipur in Rajasthan was in news recently for a massive fire at a facility belonging to which of the following that caused several casualties and huge financial losses?

Director General of Hydrocarbons, V K Sibal, whose five year term ended recently, was on deputation from which public sector company?