For the following questions answer them individually
Which of the following is/are the reasons owing to which about 105 million new people are added in the list
of hungry people and the total number of the same has reached to about 1 billion ?
(A) Unprecedented increase in food prices, particularly in poor nations.
(B) Cut in the supply of food grains to poor nations by many European countries.
(C) Sudden increase in population of the countries like Uganda, Ethiopia, Sudan and Namibia etc. as many
refugees have taken shelter there.
Which of the following statements about the Reforms introduced in Pension sector is/ are correct ?
(A) Govt. has allowed 26% Foreign Direct Investment (FDI) in the pension sector.
(B) A new regulatory and development authority to monitor pension sector is set up.
(C) Only three banks HDFC Bank, Vysya Bank and Axis Bank are appointed as fund managers of the pension
As we all know Govt. of India is giving much emphasis these days on the development of Small and Medium Enterprises (SMEs). Which of the following statements reects the importance of SME sector in Indian economy ?
(A) The Govt. is following a policy of keeping some items reserved for SMEs only. Hence a good number of items for local consumption come from these alone.
(B)The main advantages of SME are reduction of regional imbalances, low investment, greater operational exibility and low production cost. This helps in good control over prices of such items in local markets.
(C)A very large number of people are employed in this sector and this sector is the second largest employer in India, after agriculture.
After the latest global slowdown and financial crisis, a debate is going on, on "Dollar Hegemony". 'What does it really mean ? In simple terms
(A)it is the trade practice prevalent all over the world in which USA provides dollars and the rest of the world manufactures the commodities which dollars can purchase.
(B) it is the situation in which all the nations are forcefully required to evaluate their local currencies against the value of the dollars. Hence countries are forced to keep as many dollars as they can to operate safely in global markets.
(C) now economists all over the world are trying to nd out a solution to come out of this dollar trap as this hegemony prevents exporting nations from spending domestically the dollars they have earned from USA.
As reported in some major financial newspapers/magazines, the Private Equity (PE) investments into India for the quarter ending March 2009 have dropped by a whopping 87%. What is Private Equity (PE) and why is it so important for our economy ?
(A) The PE is the purchase of a majority or total ownership in an operating company.
(B) The purchase is done normally through institutional investors, like banks or insurance-companies. They are avoiding such investments these days.
(C) Private Equity stake gives a chance to the stake holders to have a better control over its management and crucial functions.