XAT GK Compendium - 2013

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PageXAT GK COMPENDIUM - 2013

XAT GK COMPENDIUM - 2013

1. What do you mean by Core inflation?A. Price rise in energy and food articlesB. Price rise in all goods and services including energy

and food articles

C. Price rise in all goods and services excluding energyand food articlesD. Large and accelerating form of inflationE. It takes place when the supply falls drastically and

the demand remains at the same level.

2. Base year and number of commodities for WPI in Indiaare:-

A. 2004-05 and 435 commoditiesB. 1993-94 and 435 commoditiesC. 2004-05 and 676 commoditiesD. 1993-94 and 435 commoditiesE. None of the above

3. Seekho aur Kamao which targets the youth from 14-35years of age and aims to improve employability ofexisting workers, school dropouts etc. is an initiative ofwhich ministry of Government of India?

A. Ministry of labour and employmentB. Ministry of Social Justice and EmpowermentC. Ministry of Tribal AffairsD. Ministry of TourismE. Ministry of Minority Affairs

4. Jiyo Parsiis a social initiative for Parsis in India aimsat:-

A. Increasing the per capita income of Parsi communityB. Improving the life expectancy of Parsi communityC. Increasing literacy rate among ParsisD. Containing population decline among ParsisE. None of the above

5. Shanti Swarup Bhatnagar Prize is one of the mostcoveted national recognition for young scientists andengineers for their work in R&D. With which organisationDr Shanti Swarup Bhatnagar was associated with?

A. BARC B. ISRO C. TIFR D. CSIR

E. IISc, Bangalore

6. Numismatics is a study of______A. NumbersB. CoinsC. Postage StampsD. HoroscopesE. None of the above

7. For which team does the famous footballer, Lionel Mesplay?

A. Real MadridB. A.C.MilanC. BarcelonaD. PortoE. Manchester United

8. Who is the first woman to be elected as President South Korea?

A. Lee Ji-EunB. Kim Hyun-JooC. Yuk Young-SooD. Park Geun-HyeE. Yingluck Shinawatra

9. Which of the following is NOT included in the list

Maharatnas of public enterprises?A. Bharat Heavy Electricals LimitedB. Coal India LimitedC. GAIL India LimitedD. Indian Oil Corporation LimitedE. Hindustan Petroleum Corporation Limited

10. Micro enterprises in India engaged in the manufactuor production, processing or preservation of goods India are those where the investment limit ___?

A. does not exceed Rs. 10 lakhB. more than Rs.10 lakh but does not exceed Rs

crore

C. does not exceed Rs. 25 lakhD. more than Rs. 25 lakh but does not exceed Rs.

croreE. more than Rs.5 crore but does not exceed Rs.

crore

11. Match the following:-a. Archana Bhargava 1. Allahabad Bankb. Vijayalakshmi Iyer 2. State Bank of Indiac. Shubhalakshmi Panse 3. Bank of Indiad. Arundhati Bhattacharya 4. United Bank of India

A. a-1, b-2, c-3, d-4

B. a-4, b-3, c-1, d-2C. a-3, b-4, c-2, d-1D. a-3, b-4, c-1, d-2E. a-4, b-1, c-3, d-2


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XAT GK COMPENDIUM - 20Page 2

12. We arrive at the concept of which type of deficit, if wededuct grants for creation of capital assets from revenuedeficit?

A. Primary deficitB. Fiscal deficitC. Net Budgetary deficitD. Effective Revenue deficitE. Net fiscal deficit

13. Which one among the following items has maximumweightage in wholesale price index(WPI) with 2004-05as its base year in India?

A. Primary articleB. Fuel and powerC. Manufactured productsD. Food itemE. None of the above

14. Which of the following agencies/institutions disbursedmaximum credit to the much needed agricultural sectorin India in 2011-12?

A. Money lenders

B. Co-operative banksC. Regional Rural banksD. Commercial banksE. None of the above

15. Swabhimaan scheme in India targets which of thefollowing areas?

A. Financial inclusionB. Pension scheme to unorganised sectorC. Increasing credit to agricultural sectorD. Agricultural insurance in case of crop failureE. None of the above

16. Consider the following statements :1. Repo rate is the interest rate which RBI pays to

commercial banks on short-term deposits.2. Reverse repo rate is the interest rate at which RBI

lends to commercial banks for short period.

Which of the statements given above is/are correct?A. 1 onlyB. 2 onlyC. Both 1 and 2D Neither 1 nor 2E. It may vary according to the circumstances

17. In whose honour the Award for Internat ionalUnderstanding is presented by the Government of India?

A. Mahatma GandhiB. Jawaharlal NehruC. Indira GandhiD. Rajiv GandhiE. None of the above

18. The unemployment generated due to change in markconditions (change in demand and supply conditionis called?

A. Seasonal UnemploymentB. Disguised UnemploymentC. Frictional UnemploymentD. Structural UnemploymentE. Under-Employment

19. NNP at factor cost or National Income can be defineas follows:-A. NNP at Market price - (Indirect taxes - Subsidy)B. NNP at Market price - (Indirect taxes + Subsidy)C. NNP at Market price + (Indirect taxes - Subsidy)D. NNP at Market price + (Indirect taxes + SubsidyE. None of the above

20. Which of the following country is neither member nobserver of the WTO?

A. TajikistanB. RussiaC. North Korea

D. IranE. Syria

21. United Nations General Assembly declared the ye2013 as

A. International year of ForestsB. International year of Bio-diversityC. International year of Water CooperationD. International year of CooperativesE. International year of Languages

22. Who is the President of National Green Tribunal?A. Justice D.K. Jain

B. Justice V.S. SirpurkarC. Justice Swatantra KumarD. Justice BalakrishnanE. Justice Rajesh Kumar Agarwal

23. Who is the chairman of Tax Administration ReforCommission?

A. Vijay KelkarB. Y. V. ReddyC. C. RangarajanD. Parthasarthi ShomeE. Kaushik Basu

24. Who is author of unaccustomed Earth?A. Amitav GhoshB. Arundhati RoyC. Arvind AdigaD. Jhumpa LahiriE. Ashwin Sanghi


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25. Jakhan Choto Chilam is an autobiography of?A. Satyajit RayB. Hrishikesh MukherjeeC. Rituparno GhoshD. Aparna SenE. None of the above

26. Who is author of Stay Hungry Stay Foolish?A. Chetan Bhagat

B. Rashmi BansalC. Amish TripathiD. Kiran DesaiE. Anita Nair

27. Indias maximum exports have gone to which country in2012-13?

A. USAB. ChinaC. UAED. SingaporeE. Hong Kong

28. Which one of the Vivek Express trains has the longestroute on the Indian Railways network, in terms of distanceand time, and is the 9th longest in the world?

A. Dibrugarh to Kanyakumari Vivek ExpressB. Dwarka to Thoothukudi Vivek ExpressC. Bandra Terminus, Mumbai to Jammu Tawi Vivek

ExpressD. Santragachhi to Manglaore Central Vivek ExpressE. None of the above

29. Who is the chairman of National Development Council?A. President of IndiaB. Vice-President of India

C. Prime-Minister of IndiaD. Union Finance MinisterE. Union Home Minister

30. Which of the following is a certification mark mandatoryon all processed fruit products sold in India such aspackaged fruit beverages, fruit-jams, crushes, pickles,fruit extracts etc.?

A. AGMARKB. ECOMARKC. FPO MARKD. INDIA ORGANICE. ISI MARK

31. Global Competitiveness Report is released byA. World Economic ForumB. World Trade OrganisationC. World BankD. Organisation for Economic Co-operation and

Development (OECD)E. United Nations Industrial Development Organization

(UNIDO)

32. The Man Booker International Prize is an internationliterary award given every two years to a living author any nationality for a body of work published in Englisor generally available in English translation. Who wonin 2013?

A. Lydia DavisB. Eleanor CattonC. Philip RothD. Hilary Mantel

E. Alice Munro

33. Beginning in 2014, which literary award will considauthors from anywhere in the world, so long as thework is in English and published in the UK?

A. Orange Prize for FictionB. Commonwealth WritersC. Man Booker PrizeD. Wales Book of the YearE. None of the above

34. India is building Kudankulam nuclear power project wthe help of?

A. USAB. RussiaC. GermanyD. U.K.E. Japan

35. Who has become the first woman Chief InformatioCommissioner of the country recently?

A. Deepak SandhuB. Gyan Sudha MishraC. Ranjana DesaiD. Sudha PillaiE. None of the above

36. Which movie will represent India at Oscars this yearA. LunchboxB. Bhaag Milkha BhaagC. CelluloidD. The Good RoadE. English Vinglish

37. Which of the following country has recently ratified thComprehensive Nuclear Test Ban Treaty (CTBT)?

A. IranB. IraqC. North-KoreaD. Saudi-ArabiaE. Syria

38. Who won US Open 2013 mens doubles title?A. Bob Bryan- Mike BryanB. Alexander Peya- Bruno SoaresC. Leander Paes- Radek StepanekD. Leander Paes- Alexander PeyaE. Leander Paes- Bruno Soares


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39. Indias Deepika Kumari has won third successive silverin the World-Cup of which sport?

A. WrestlingB. SquashC. SwimmingD. ArcheryE. Badminton

40. Durand Cup is related to which sport?

A. HockeyB. CricketC. FootballD. BadmintonE. None of the above

41. Which sportsperson has been appointed as the brandambassador of the Border Security Force (BSF)?

A. Mahendra Singh DhoniB. Yuvraj SinghC. Virat KohliD. Sachin TendulkarE. Shikhar Dhawan

42. In the foreign exchange market when exchange rate ofa domestic currency is cut down by its governmentagainst any foreign currency, it is called?

A. RevaluationB. DevaluationC. DepreciationD. AppreciationE. None of the above

43. Which type of exchange rate system is followed byIndia?

A. Currency Board system

B. Crawling Pegged Exchange rate systemC. Fully floating currency regime systemD. Managed Exchange rate systemE. None of the above

44. Match the following:1. Shiv Thapa a. Badminton2. Dipika Pallikal b. Football3. Sunil Chettri c. Squash4. Ashwini Ponnappa d. Wrestling

Select the correct order.

1 2 3 4A. d c a bB. a b c dC. c d b aD. d c b aE. d b c a

45. Match the following:1. Air India a. Moving India Forwa2. Air Sahara b. Emotionally Yours3. Spice Jet c. Simplify4. Air Deccan d. Flying for everyone


1 2 3 4

A. a c d bB. d c a bC. d c b aD. a b d cE. a b c d

46. State with second highest literacy rate according to 20census in India is

A. TripuraB. MizoramC. NagalandD. ManipurE. Goa

47. Arrange the following states in descending order of thetotal total population according to 2011 census.1. Uttar Pradesh2. Bihar 3. West Bengal4. Maharashtra5. Andhra Pradesh

A. 1, 2, 3, 4, 5B. 1, 2, 4, 5, 3C. 1, 3, 2, 5, 4D. 1, 4, 2, 3, 5

E. 1, 4, 3, 2, 5

48. The Union Budget for 2013-14 proposes to set up Indiafirst Womens bank as a public sector bank with a initcapital of

A. 500 croresB. 1,000 croresC. 1,500 croresD. 2,000 croresE. 2,500 crores

49. A new term Angel Investor is introduced in the UnioBudget 2013-14 in Indias financial market. Select tbest option which defines the term.

A. Angel Investor is an investor who provides financbacking to entrepreneurs for starting thebusiness. The capital they provide should be onlyone time injection of seed money.


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B. Angel Investor is an investor who provides financialbacking to entrepreneurs for starting theirbusiness. The capital they provide can be a one timeinjection of seed money or ongoing support to carrythe company through diff icult times.

C. Angel Investor is an investor who acts as a securitydeposit for another investor whether old or new.

D. Angel Investor is an investor whose credit worthinessis fully ensured by bank.

E. None of the above

50. A hard currency is1. Currency in which the highest faith is shown and is

needed by every economy.2. Currency which has a level of liquidity

Select the correct answer using the code given below

A. 1 onlyB. 2 onlyC. Both 1 and 2D. Neither 1 nor 2

E. It may vary according to the circumstances

51. Capital of Nagaland isA. AizwalB. KohimaC. ItanagarD. ImphalE. Agartala

52. Taxpayers having an annual income of over how muchrupees is required to file their returns in electronic formfrom June 1, 2013?

A. 3 Lakhs

B. 4 LakhsC. 5 LakhsD. 8 LakhsE. 10 Lakhs

53. Which country is the worlds largest oil importer?A. USAB. ChinaC. BrazilD. IndiaE. Russia

54. The BRICS summit endorsed the setting up of a BRICSDevelopment Bank and creation of a contingency reliefarrangement (CRA) in a bid to sow the seeds of analternate financial structure for developing countries withinitial corpus of

A. $50 billionB. $75 billionC. $100 billionD. $125 billionE. $150 billion

55. Who has taken over as President of ConfederationIndian Industry (CII) for 2013-14, succeeding GodrGroup Chairman Adi Godrej?

A. Mr B MuthuramanB. Mr Venu SrinivasanC. S. GopalakrishnanD. Mr K. V KamathE. Mr Sunil Bharti Mittal

56. Who took over as Nasscom Chairman for the year 20114?A. Som MittalB. Kiran KarnikC. Rajendra S PawarD. N ChandrasekaranE. Krishnakumar Natarajan

57. Which Indian company has announced that it had signedefinitive agreements to acquire 100 per cent equity

Alti SA, an IT services company in France? The devalued at 75 million euro (around Rs.530 crore), is aall-cash transaction.

A. InfosysB. Tata Consultancy Services (TCS)C. WiproD. Tech MahindraE. Larsen & Toubro Infotech

58. Match the following:-1. Honda a. Zeus2. TVS b. Dream Neo3. Yamaha c. Gladiator 4. Suzuki d. Star City


1 2 3 4A. a c d bB. d c a bC. d b c aD. b c d aE. b d c a

59. Which State Government has barred ICICI PrudentLife Insurance for three years from doing any furthbusiness with it or any of its departments for intentionadelaying the process of distribution of annuity to lanowners and failure to carry out commitments.

A. PunjabB. HaryanaC. Himachal PradeshD. RajasthanE. Gujrat


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60. Who among the following is the winner of womens tabletennis World Cup 2013?

A. Wu YangB. Ding NingC. Feng TianweiD. Liu ShiwenE. None of the above

61. The Reserve Bank of India has reduced the Marginal

Standing Facility (MSF) rate to 9 per cent from:A. 9.50 percentB. 9.25 percentC. 9.75 percentD. 10.00 percentE. 10.25 percent

62. Who won European Unions Sakharov human rights prize2013?

A. Jafar PanahiB. Malala YousafzaiC. Kofi AnnanD. Nasrin Sotoudeh

E. Ellen Johnson Sirleaf

63. Shaktiman Mega Food Park has been inaugurated in:A. PunjabB. Uttar PradeshC. HaryanaD. UttarakhandE. Rajasthan

64. Which company has announced that it would start themass production of worlds first flexible OLED (organiclight-emitting diode) panel for the smartphones?

A. Videocon

B. SonyC. SamsungD. LGE. Micromax

65. Which among the following Indian airports has signed aMemorandum of Understanding (MOU) to become asister airport of Birmingham Airport?

A. Indira Gandhi International AirportB. Rajiv Gandhi International AirportC. Bengaluru International AirportD. Cochin International AirportE. Chhatrapati Shivaji International Airport

66. The India Post has launched instant electronic moneytransfer service in partnership with Wall Street Exchangeunder the name of:

A. Quick MoneyB. Intra CashC. Insta CashD. Instant CashE. Fast Cash

67. According to World Bank report- Migration anRemittance Flows released recently, which of thfollowing countries has emerged as the largest recipieof foreign remittances?

A. JapanB. MexicoC. IndiaD. South AfricaE. Indonesia

68. Worlds largest (4,000 MW) solar power project woube built in which State of India?

A. GujaratB. RajasthanC. Tamil NaduD. HaryanaE. Andhra Pradesh

69. Songo Songo is the first gas block of which countthat had been discovered by ONGC in 1971?

A. MadagascarB. Mozambique

C. TanzaniaD. ZambiaE. Kenya

70. Which among the following is the worlds largest importof potash?

A. CanadaB. BrazilC. IndiaD. ChinaE. USA

71. The General Anti Avoidance Rules (GAAR) provisio

will come into force from:A. April 1, 2016B. April 1, 2014C. April 1, 2015D. March 31, 2014E. April 1, 2017

72. The Parliamentary Standing Committee on Finance hopposed giving new bank licenses to corporate houseCommittee was headed by:

A. Kapil SibalB. Yashwant SinhaC. Sitaram YechuryD. P. ChidambaramE. Murli Manohar Joshi


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73. Which among the following private sector banks haslaunched Asias first carbon credit card with VisaCodeSure technology, a credit card with multiple securityfeatures to check fraudulent transactions?

A. HDFC BankB. Kotak Mahindra BankC. ICICI BankD. Axis BankE. SBI (State Bank of India)

74. Ali Zeidan, was abducted recently. He is the PrimeMinister of which of the following countries?

A. Republic of MaliB. SyriaC. EgyptD. LibyaE. Yemen

75. Who among the following personalities have beenappointed as the Chairperson of the NationalCommission for Backward Classes, by the IndianGovernment recently?

A. Justice M. N. RaoB. Justice Vangala EswaraiahC. Justice S. Ratnavel PandianD. Justice Ram Surat SinghE. None of the above

76. Name the first Canadian woman, who has been awardedNobel Prize 2013 in literature.

A. Alice MunroB. Toni MorrisonC. Elfriede JelinekD. Doris LessingE. J. K. Rowling

77. Which among the following pairs is not correctlymatched?

A. India PhailinB. Philippines NariC. Japan WiphaD. Indonesia DorianE. USA Katrina

78. Name the first Indian origin contestant to win the 2014Miss America pageant.

A. Neelam VermaB. Nina DavuluriC. Valene MaharajD. Sabita SinghE. None of the above

79. Who has been selected for the Indira Gandhi Award fNational Integration for the year 2012?

A. MS SwaminathanB. Javed AkhtarC. Anna HazareD. A. R. RahmanE. Ela Bhatt

80. According to latest report released by United Natio

Childrens Fund (UNICEF), which among the followiStates has stood at worst in India with Infant Mortalrate (IMR) 55?

A. West BengalB. Madhya PradeshC. AssamD. OdishaE. Chhattisgarh

81. Who is the newly elected Prime Minister of AustraliaA. Kevin RuddB. Julia GillardC. Tony Abbott

D. Edmund BartonE. John Howard

82. Read the following statements carefully:I. Capital gains tax is a tax on the gains one gets

selling assets.II. The tax can be classified into short term capital ga

and long term capital gain taxIII. Capital gains tax is an indirect taxIV. In case of shares, mutual funds, units of the UTI a

zero coupon bond there is exemption from Lonterm capital gains tax in India.

Which of the statements given above are correct?A. I and II onlyB. I, II and III onlyC. I, II and IV onlyD. All of the aboveE. None of the above is correct

83. Consider the following:1. International Bank for Reconstruction an

Development2. International Development Agency3. International Finance Corporation4. Multilateral Investment Guarantee Agency5. International Centre for Settlement of Investme

Disputes

Which of following consists of World Bank Group?A. 1, 2 and 3 onlyB. 1, 2, 3 and 4 onlyC. 1, 3, 4 and 5 onlyD. 2, 3, 4 and 5 onlyE. All of the above


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84. Which of the bank acquires 30% stake in Met-Life IndiaInsurance?

A. State Bank of IndiaB. Union Bank of IndiaC. Punjab National BankD. Corporation BankE. Maharashtra Bank

85. Microsoft had retired Messenger with which of the

following internet telephony service?A. LingoB. ModulisC. AVOXID. SkypeE. Comcast

86. Which general insurer has launched a mobile applicationcalled Insure that will allow customers to initiate a claimthrough the mobile. For example, a customer can sendthe photographs of the damaged vehicle in case of anaccident to the company through this application?

A. Bharti-AXA

B. Tata-AIGC. Max life insuranceD. ING Vysya Life InsuranceE. ICICI Lombard

87. What is the approximate share of services sectorexcluding construction in Indian GDP in 2012-13?

A. 50%B. 56%C. 64%D. 40%E. 35%

88. Arrange the following categories of services indecreasing order of their share in GDP at factor cost(current prices):-a. Financing, insurance, real estate & business servicesb. Constructionc. Community, social & personal servicesd. Trade, hotels & restaurants

A. d, a, c, bB. a, d, c, bC. d, c, a, bD. c, b, a, dE. d, b, a, c

89. What is the main objective of Financial Inclusion?A. Extending priori ty sector lending to the large

un-served population of the country.B. Extending financial services to the large hitherto

un-served population of the country.C. Extending bank licenses to Non-Banking Financial

Companies(NBFCs).

D. Extending financial services to the rural areas of tcountry.

E. Extending financial services to the BPL populatioof the country.

90. What is the approximate share of thermal power in ttotal power production of the country?

A. 68%B. 58%

C. 78%D. 63%E. 60%

91. Which of the following city will not have the proposesix new AIIMS?

A. JodhpurB. PatnaC. RishikeshD. RaipurE. Indore

92. Name the historian and author who wrote a book o

early years of Mahatma Gandhi Titled Gandhi BefoIndia

A. Ashwin SanghiB. Ramchandra GuhaC. Satish ChandraD. Bipan ChandraE. Amartya Sen

93. Name the former Indian tennis player who has beeappointed as non-playing captain of the Indian DavCup by All India Tennis Association.

A. Anand AmritrajB. Stephen Amritraj

C. Vijay AmritrajD. Ashok AmritrajE. None of the above

94. Which of the following countries has voted in order approve the ban on beauty pageants for children belo16 years?

A. USAB. FranceC. AustraliaD. UKE. Germany

95. Who has been appointed as the next PermaneRepresentative of India to UNESCO with the rank

Ambassador?A. Vinay Sheel OberoiB. Ruchira KambojC. Vijay Keshav GokhaleD. Ashok ThakurE. Kamalesh Sharma


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96. Which among the following countries has launched theworlds first Deep Ultraviolet (DUV) solid-state laserdevice?

A. GermanyB. UKC. USAD. ChinaE. France

97. Hindustan Aeronautics Limited has delivered the firstadvanced jet trainer aircraft to the Indian Navy onSeptember 23, 2013. Name the aircraft.

A. Hawk Mk-132B. Fiat G.80C. Yakovlev Yak-130D. Mikoyan MiG-ATE. None of the above

98. The Arogya Kiranam scheme, the first-of-its-kind in thecountry and a fine model for all States to emulate, hasbeen launched in:

A. Karnataka

B. KeralaC. MaharashtraD. Andhra PradeshE. Tamil Nadu

99. Name the Indian social crusader who has been awardeAllard prize for international integrity, instituted by tUniversity of British Columbias (UBC) law alumnus Pet

A Allard.A. Medha PatkarB. Mike PandeyC. Sunderlal BahugunaD. Anna HazareE. Kiran Bedi

100. Rahi Sarnobat is associated with which of the followisports?

A. WrestlingB. ShootingC. ArcheryD. HockeyE. Football


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XAT GK COMPENDIUM - 2013Answer Key

1 C 2 C 3 E 4 D 5 D 6 B 7 C 8 D 9 E 10 C

11 B 12 D 13 C 14 D 15 A 16 D 17 B 18 C 19 A 20 C21 C 22 C 23 D 24 D 25 A 26 B 27 C 28 A 29 C 30 C

31 A 32 A 33 C 34 B 35 A 36 D 37 B 38 C 39 D 40 C

41 C 42 B 43 D 44 D 45 D 46 B 47 D 48 B 49 B 50 C

51 B 52 C 53 B 54 C 55 C 56 E 57 B 58 E 59 B 60 D

61 A 62 B 63 B 64 D 65 A 66 D 67 C 68 B 69 C 70 D

71 A 72 B 73 C 74 D 75 B 76 A 77 D 78 B 79 A 80 C

81 C 82 C 83 E 84 C 85 D 86 E 87 B 88 A 89 A 90 A

91 E 92 B 93 A 94 B 95 B 96 D 97 A 98 B 99 D 100 B

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XAT GK Compendium - 2013