1. Which of the following countries causes the most problems related to "round tripping" in the Indian economy in the context of FDI in India from this country?

[A] France

[B] Mauritius

[C] Maldives

[D] United Kingdom

 Answer: [B] Mauritius

2. If the Reserve Bank of India wants to increase the cash reserves of commercial banks, then what is the most likely step to take?

[A] Buying bonds in the open market

[B] Stopping transactions involving bills of exchange

[C] releasing gold from its stock

[D] None of these

 Answer: [A] Buying bonds in the open market

3. Which of the following government company was privatized first?

[A] Maruti Udyog Limited

[B] Hotel Corporation of India

[C] Modern Food Industries Ltd.

[D] National Chemicals and Fertilizers Limited

 Answer: [A] Maruti Udyog Limited

4. When were 1,000 and 5,000 and 10,000 rupee notes reintroduced after independence in India?

[A] 1954

[B] 1958

[C] 1962

[D] 1950

 Answer: [A] 1954

5. What does the dollar-rupee exchange rate in India depend on?

[A] demand-supply balance

[B] RBI monetary policy

[C] government control

[D] None of these

 Answer: [A] demand-supply balance

6. National optical fiber network will provide broadband connectivity to which of the following?

[A] Gram Panchayat

[B] Panchayat Samiti

[C] Municipality

[D] Municipal Corporation

 Answer: [A] Gram Panchayat

7. Under which department of the Government of India was the Universal Service Liability Fund established?

[A] Department of Telecommunications

[B] Department of Economic Affairs

[C] Department of Industrial Policy and Promotion

[D] Department of Consumer Affairs

 Answer: [A] Department of Telecommunications

8. Which is the most exported sea food item from India?

[A] Frozen Shrimp

[B] Frozen Krebs

[C] cephalopods

[D] frozen fish

 Answer: [A] Frozen Shrimp

9. When was the National Investment Fund established?

[A] 2002

[B] 2004

[C] 2005

[D] 2007

 Answer: [C] 2005

10. Who chairs the Committee on Trade and Economic Relations (TERC)?

[A] Prime Minister

[B] Finance Secretary

[C] Finance Minister

[D] Minister of Commerce

 Answer: [C] Finance Minister