1. Who has been established on the basis of the recommendations of the Sivaraman Committee?

[A] NEFT

[B] SIDBI

[C] CBDT

[D] NABARD

 Answer: [D] NABARD

2. National Horticulture Mission is in how many states?

[A] 15

[B] 17

[C] 18

[D] 20

 Answer: [C] 18

3. What percentage of India's trade is by sea?

[A] 75%

[B] 80%

[C] 90%

[D] 95%

 Answer: [D] 95%

4. Who determines the prices of oil in India?

[A] Ministry of Petroleum

[B] oil companies

[C] State Governments

[D] Government of India

 Answer: [B] oil companies

5. Which of the following bodies authorizes the credit limit to the National Cooperative Marketing Association?

[A] Ministry of Agriculture

[B] Reserve Bank

[C] Finance Department

[D] NABARD

 Answer: [D] NABARD

6. At what level are the Central Cooperative Banks established?

[A] at state level

[B] at district level

[C] nationally

[D] at block level

 Answer: [B] at the district level

7. Which law is called the commercial law of India?

[A] torts law

[B] contract law

[C] Property Law

[D] wage law

 Answer: [B] contract law

8. In which financial year was the seed crop insurance scheme launched?

[A] 1999–2000

[B] 2000-2001

[C] 2001-2002

[D] 2002-2003

 Answer: [A] 1999-2000

9. Which state has the most export oriented units in India?

[A] Karnataka

[B] West Bengal

[C] Andhra Pradesh

[D] None of these

 Answer: [A] Karnataka

10. When was the liberal exchange rate management system (LERMS) launched?

[A] 1989

[B] 1980

[C] 1992

[D] 1991

 Answer: [C] 1992