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Q:

How much abount can the Postal Department invest in revenue - generating instruments and / or stock market to reduce its budgetary deficit?

A) Rs. 2,500 crore B) Rs. 4,500 crore
C) Rs. 7,400 crore D) Rs. 10,000 crore
 
Answer & Explanation Answer: D) Rs. 10,000 crore

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Q:

SEBI decided to give an exemption to some companies from the requirement of the minimum 25 per cent public shareholding. Companies exempted from such requirement should fulfil which of the following norms?

A. They should have market capitalisation of Rs.1,000 crore

B. They should have 20 million shares listed

C. They should have a turnover of Rs.400 crore per annum

A) Only A B) Only B
C) Only C D) Both A & B
 
Answer & Explanation Answer: D) Both A & B

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Q:

A four-day Ministerial level meeting of G-20 and G-33 countries was held in June 2006 in 

A) Hong Kong B) Beijing
C) New Delhi D) Jakarta
 
Answer & Explanation Answer: B) Beijing

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Q:

Govt of India recently decided to import wheat at a lower rate of Custom duty. The effective rate of the duty would be

A) 15% B) 12%
C) 10% D) 5%
 
Answer & Explanation Answer: D) 5%

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Q:

Shyam Walked 6 metres facing towards East, then took a right turn and walked a distance of 9 metres.He then took a left turn and walked a distance of a metres. How far is he from the starting point?

A) 15 metres B) 21 metres
C) 18 metres D) Cannot be determined
 
Answer & Explanation Answer: A) 15 metres

Explanation:

 983115133311311553600957.png image

As clear from the diagram, AD2=122+92=152

 So, AD = 15

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Q:

As per new revised rules now Foreign Direct Investment in insurance sector is possible upto the limit of ______

A) 26% B) 40%
C) 49% D) 70%
 
Answer & Explanation Answer: C) 49%

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Q:

Tata Steel's Wholly owned indirect subsidiary, Tata Steel Global Minerals Holdings Pvt Limited, Singapore, on October 1, 2008, entered into a binding agreement  with new Millennium Capital Corporation, _______(NML) whereby Tata Steel will become a strategic investor in NML

A) Canada B) Taiwan
C) Mexico D) South Africa
 
Answer & Explanation Answer: A) Canada

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Q:

Who among the following economists gave the concept of "economies of scale". Which says "many goods and  services can be produced more cheaply in long series"?

A) Edward C.Prescott B) Amartya Sen
C) Gray S.Becker D) Paul Krugman
 
Answer & Explanation Answer: D) Paul Krugman

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