Mock questions for AICAT - General Awareness and government schemes

Name the person who headed the committee constituted by the Union Government of India to give clear definitions to Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII) with an aim of removing the ambiguity from both types of foreign investments.
a) Dr. K.C. Chakrabarty
b) Arvind Mayaram
c) Dr. Urjit R. Patel
d) Y.H. Malegam

The central banking functions in India are performed by the
1) Central Bank of India
2) Reserve Bank of India
3) State Bank of India
4) Punjab National Bank

The Union government of India on 8 June 2013 decided to launch National Higher education Campaign, named_______________, to focus on equity based development, improvement in teaching-learning quality and research.
a) Rashtriya Ucchatar Shiksha Abhiyan
b) Rashtriya Ucchatam Shiksha Abhiyan
c) Rashtriya Uccha Shiksha Abhiyan
d) Rashtriya Shiksha Abhiyan

Deficit financing implies

A. printing new currency notes

B. replacing new currency with worn out currency

C. public expenditure in excess of public revenue

D. public revenue in excess of public expenditure

Ministry of Rural Development on 7 June 2013 launched a new skill development scheme to offer employment to tribal youth in 24 Naxal affected districts. What is the name of this scheme?
a) Ujiyara
b) Roshni
c) Suraj
d) Chamak

In India, which one among the following formulates the fiscal policy?
A. Planning Commission
B. Ministry of Finance
C. Finance Commission
D. The Reserve Bank of India

Name the first Indigenous developed Rotavirus Vaccine of India.
a) Rotavac
b) Rotacid
c) Rotovac
d) Rotomid

Chlorophyll is a naturally occurring chelate compound in which central metal is
A. copper
B. magnesium
C. iron
D. calcium

Redistribution polices geared to reduce economic inequalities include
A. progressive tax policies
B. land reforms
C. rural development policies 

D. All the above

The dance encouraged and performance from the temple of Tanjore was

A.            Kathakali              

B.            Odissi

C.            Kathak  

D.            Bharatanatyam

Which of the following dances is a solo dance?

A.            Ottan Thullal

B.            Kuchipudi

C.            Yakshagana

D.            Odissi

The Union Cabinet on 6 May 2013 had cleared important changes to the National Rural Livelihoods Mission _________ in a major boost to the roll out of the women’s self help group model across the country?
a) Khadyaan
b) Sukhoslam
c) Jeevan Suraksha
d) Aajeevika

The Union Cabinet of India on 1May 2013 approved major changes to the National Rural Livelihoods Mission (NRLM) with the objective of removing poverty in rural areas by empowering women. Approximately, 25 lakh Women Self Help Groups (SHGs) will be given bank loans at an interest rate of _______ percent?
a) 7 percent
b) 6 percent
c) 8 percent
d) 9 percent

The Union Government of India on 8 May 2013 approved _____________ policy with an aim to create a secured Computing environment across the country?
a) Computing Policy of India
b) National Cyber Policy
c) National Policy of Computing
d) National Cyber Security Policy

The Union Government on 15 May 2013 had set up an expert Committee under the supervision_____________ to evolve a composite index to measure backwardness of states.
a) Bharat Ramaswami
b) Raghuram G Rajan
c) Najeeb Jung
d) Nirija G Jayal

Name the writer who was selected for Jnanpith Award 2012 by the Jnanpith Award Committee.
a) Pratibha Ray
b) Amar Kant
c) Sri Lal Sukla
d) Ravuri Bharadhwaja