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1) IIP stands for: a) Indian Institute of Planning. b) Index of Industrial Production. c) Inhouse Implementation Programme. d) Indias International Processes. 2) Which foreign airline is set to enter India as the first aviation FDI with Tata - Telstra? a) Etihad. b) Singapore Airlines. c) Air Asia. d) Japan Airlines. 3) An average salary hike of what percentage is expected across sectors in India this year? a) 12%. b) 15%. c) 10%. d) None of the above. 4) TDSAT stands for: a) Telecom Disputes Settlement & Appellate Tribunal. b) Trade Disputes Settlement & Appellate Tribunal. c) Time Debarred Scores & Appellate Tribunal. d) None of the above. 5) Who has taken over as President of Peoples Republic of China in March 2013? a) Hu Jin Tao. b) Bo Xilai. c) Sun YatSen. d) Xi Jinping. 6) Which is the latest country in the Eurozone to ask for a bailout from the European Central Bank? a) Italy. b) Spain. c) Cyprus. d) Portugal. 7) As per the Indian Finance Minister the main objective of the FY 2013-14 Union Budget is: a) Fiscal Consolidation. b) Import Reduction. c) Extension of service tax coverage. d) None of the above. 8) The most significant proposal in FY 2013-14 Indian Railway Budget is: a) Increase in passenger fares. b) Linking of freight rates to fuel prices. c) Laying tracks for super-fast trains. d) None of the above. 9) Which aircraft manufacturer was recently in the news for unfair practice in supplies to India? a) Boeing. b) Airbus Industrie. c) Augusta Westland. d) Piaggio Aero. 10) Which Indian airline has set off a price war in the skies by offering discounted tickets? a) Kingfisher Airlines. b) Air India. c) Spice Jet. d) Jet Airways. 11) Which Indian Industry sector is looking to hire in a big way in the expectation of being issued licences to do business? a) Banking. b) Insurance. c) Shipping. d) Agricultural machinery. 12) What tax relief on incomes was announced in Fy2013-14 Union Budget? a) Raising of income tax floor by Rs 10,000/-. b) Rs 2000/- from tax payable to be exempt from payment. c) Some taxable perks now made non-taxable. d) None of the above. 13) Which is Indias largest FMCG company? a) Hindustan Unilever Ltd. b) ITC Ltd. c) Procter & Gamble. d) Godrej Consumer Products Ltd. 14) Moodys Investors Service has recently downgraded the ratings of which 3 nationalized banks. a) State Bank of Bikaner & Jaipur, United bank of India & Dena Bank. b) Indian Overseas Bank, Oriental Bank of Commerce & Syndicate Bank. c) Central bank of India, Indian Bank & Bank of Baroda. d) None of the above. 15) Which Indian Financial group is currently facing severe pressure from SEBI? a) Sahara. b) Shriram. c) Peerless. d) Kotak Mahindra.
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