PSC Chief General Manager Model Questions and Answers

51. Who appoints the State Chief Information Commissioner under ‘The Right to Information Act, 2005’ ?
(A) Chief Minister (B) Governor
(C) President of India (D) Chief Justice of Supreme Court
Answer: B

52. The Consumer Education and Research Centre is located at :
(A) Bombay (B) Ahmadabad
(C) Kanpur (D) Delhi
Answer: B

53. The damages that can be awarded even if the aggrieved party has not suffered any loss, is referred to as:
(A) exemplary damages (B) special damages
(C) ordinary damages (D) nominal damages
Answer: D

54. From the following, identify the one which is not a main objective of ‘The Right to Information Act,2005’;
(A) To ensure greater and more effective access to information
(B) To make the Right to Information Act more progressive, participatory and meaningful
(C) To have provisions to ensure maximum disclosure and maximum exemption consistent with Constitutional Provisions
(D) To provide for effective mechanism for access to information and disclosure by authorities
Answer: C

55. The Telecom Regulatory Authority of India was established in ……………..
(A) 1991 (B) 1996
(C) 1997 (D) 2000
Answer: C

56. Regulatory environment consists
(A) Policies related to imports and exports
(B) Policies related to distribution and pricing
(C) (A) and (B) both
(D) Cost of human resources
Answer: C

57. GDP consists
(A) Per unit market price (B) Gross output of goods
(C) Service (D) All of the above
Answer: D

58. Which one of the following is not a characteristic of capitalist economic system
(A) Central economic planning
(B) Interdependence
(C) Occupational freedom
(D) Consumer sovereignty
Answer: A

59. EXIM Policy, 2002-07 started from
(A) 31-03-2002 (B) 28-03-2002
(C) 1-04-2002 (D) 2-04-2002
Answer: A

60. The economic environment of a business includes
(A) Economic System (B) Economic Policies
(C) Economic Conditions (D) All of the above
Answer: D

61. The Finance Act 2012 gives income tax rates for Assessment Year
(A) 2010-11 (B) 2011-12
(C) 2012-13 (D) 2013-14
Answer: D

62. The Environment Protection Act came into force from
(A) 1986 (B) 1987
(C) 1988 (D) 1991
Answer: A

63. Which of the following is limitation of Environmental Analysis
(A) Does not foretell the future
(B) Not a sufficient guarantor of organizational effectiveness
(C) Offers one basis for organizational learning
(D) All of the above
Answer: D

64. Which of the following is not the advantage of socialism
(A) Goal oriented economy
(B) Eradication of exploitation
(C) State Capitalism
(D) No cyclical fluctuations
Answer: C

65. A mixed economy is …………. a planned economy
(A) Necessarily (B) Compulsorily
(C) Statutory (D) Voluntary
Answer: A

66. “A good environment is good business.” Who said ?
(A) Jawaharlal Nehru (B) Dr. M.S. Swaminathan
(C) Peter.F.Drucker (D) Dr.S.S.Rao
Answer: B

67. SWOT analysis forming part of ……………
(A) Strategy formulation (B) Long range planning
(C) Short range planning (D) Strategy implementation
Answer: A

68. The first Five Year Plan was launched in the year
(A) 1950 (B) 1948
(C) 1951 (D) 1956
Answer: C

69. Indian Institute of Science is established by
(A) Tata (B) Birla
(C) Bajaj (D) Singhania
Answer: A

70. According to BCG matrix a business which has a high growth rate but a weak market share is referred to as
(A) Cash Cow (B) Dog
(C) Star (D) Question Mark
Answer: D

71. Who is the present Governor of RBI
(A) Sri Osborne Smith (B) C.D Deshmukh
(C) Duvvuri Subbarao (D) Raghuram Rajan
Answer: D

72. Which is the first bank to introduce ATM?
(A) Punjab National Bank (B) HSBC
(C) Allahabad Bank (D) State Bank of India
Answer: B

73. Which bank is known as the Banker’s Bank
(A) SBT (B) RBI
(C) Punjab National Bank (D) Punjab National Bank
Answer: B

74. An efficient capital market is one where
(A) Transactions are cheaply and efficiently carried out
(B) Security prices show smooth patterns of movement
(C) Security prices always rationally reflect all relevant information
(D) Security prices do not reflect all relevant information
Answer: C

75. IFSC is an ………… digit code
(A) 8 (B) 14
(C) 12 (D) 11
Answer: D