11 Aug, 2017
Score: 0
Performance: Work Hard

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  • Question 1: A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity is known as ...
  • Explanation: The Securities and Exchange Board of India (SEBI) has placed trading curbs on 331 stocks of firms suspected to be shell companies. Of these, 162 are actively traded while 169 had already been suspended for various violations of the listing agreements.
  • Question 2: What is the current size of Indian economy?
  • Explanation:India is a USD 2 trillion economy with around 1.3 billion people.
  • Question 3: ___ the wealthiest Indian state with an annual nominal GDP of $380 billion and accounts for 13.4% of India's GDP,
  • Explanation:Maharashtra is the wealthiest Indian state with an annual nominal GDP of US$380 billion, roughly equivalent to those of Iran and the United Arab Emirates, and accounts for 13.4% of India's GDP, followed by the states Karnataka(US$220 billion) and Tamil Nadu (US$210 billion).
  • Question 4: What is the size of new rupee 500 Bank Note?
  • Explanation:The size of new design Rs 500 bank note is 66 mm x 150 mm and the size of new design Rs 2,000 bank note is 66 mm x 166 mm.
  • Question 5: ___ will issue Aadhaar cards to new born children in government hospitals ?
  • Explanation:Henceforth, Aadhar card facilities would be extended to newborns at the premises of hospitals itself. The Heath Department would extend this service with the coordination of the Unique Identification Authority of India (UIDAI).
  • Question 6: Coal mine like Brahmadih, Choritand Tiliaya, Jogeshwar and Khas Jogeshwar, Rabodih OCP and Rohne, are located in....?
  • Explanation:The government has deferred e-auction of the fifth tranche of coal mines for the steel sector and any further development will be intimated in due course.
  • Question 7: Which of the following countries is not a member of BIMSTEC?
  • Explanation:Members of BIMSTEC (Bay of Bengal Initiative for Multi- Sectoral Technical and Economic) are Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal.
  • Question 8: ___ is an example of passive investment instrument?
  • Explanation:Gold ETFs are passive investment instruments that are based on price movements and investments in physical gold.
  • Question 9: What is the GST rate on gold?
  • Explanation:The Goods and Services Tax (GST) rate of 3 per cent on gold was low and needs to be increased as it is consumed by the very rich feels Chief Economic Advisor Arvind Subramanian, the author of the Economic Survey.
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