Current Affairs Part- I
Economic & Energy Solved Paper
1. Which of the statement is incorrect ?
(a) India has set up Sovereign Fund that would help its state-run Companies to Pursue acquisition of oil, gas, coal, LNG and other raw material in other countries in order to compete with China.
(b) Oil and natural gas corporationVidesh Limited (OVL) had been told to pursue at least one major oil and gas asset every year.
(c) OVL last year bought Imperial Energy Plc for $2.1 billion is India's biggest energy acquisition.
(d) India's Soverign Fund is constituted with the help of Russia. As Russia has enough experience in this regard.
2. Consider the following statements.
1. Karaikal Port is a deep-water private port at karaikal district of Puducherry.
2. India Infrastructure Fund (IIF) Which will be investing in this project. Is a fund managed by IDFC Project equityCompanyLimited.
Which of the above statements is\ are correct ?
(a) 1 Only
(b) 2 Only
(c) Both 1 and 2
(d) Neither 1 Nor 2.
3. Recently which IndianCompany has earning its green revenue with issuance of first set ofCertified EmissionReduction (CER) fromits first rigstered CDM(cleanDevelopment Mechanism) Project. ?
(a) ONGC
(b) NPCIL
(c) NTPC
(d) SAIL
4. Rosneft,Gazprom, and Sistema, with these oil and gasCompanies, India's companyOVL has decided tojoinhandtojointlybid forthe sakhalin- IIIProject in far east Russia, and gas fields in East Siberia and yamal Peninsula.TheseCompaniesbelongs to :
(a) Germany
(b) Russia
(c) China
(d) Kazakhstan.
5. Whichwas the first state- owned company that hit the capital market tomop up about Rs16000 crore by selling its equity and issuing fresh shares to the public, as part of government's ambitious disinvestment programme to raise the targeted Rs40,000 crore.
(a) ONGC
(b) NTPC
(c) SAIL
(d) NPCIL.
6. WhichCountry has hostedthe communicAsia 2010, themost established infomation, Communication and technology (ICT) event inAsia.
(a) China
(b) India
(c) Sri Lanka
(d) Singapore
7. If a company getMaharatna status, then it could enhanced Its investment capacity upto -
(a) Rs. 1000 crore
(b) Rs. 2500 Crore
(c) Rs. 5000 Crore
(d) Rs. 7500 Crore
8. Consider the following Statements :
1. NTPC has examined the feasibility of setting up a coal based power plant in Bangladesh.
2. At present Bangladesh has a power generation capcity of 5000MW. of which 83% is gas - based.
Which of the above statements is/are incorrect ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
9. Consider the following statements :
1. Bank of America - Merill Lynch, Royal Bank of Scotland and Bank ofCanada are the three merchant banks Selected for helping the Public Sector Coal India Ltd. (CIL) to seal Strategic Partuership deals with coal companies in three Countries -Australia, Indonesia and U.S.
2. Coal India Ltd. (CIL) is the world's Single largest coal Company.
Which of the above statements is/are correct ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
10. NTPChassetting upoftwocoal-based thermal power plants inwhich centralAsianCountry?
(a) Kazakhstan
(b) Turkmenistan
(c) Uzbekistan
(d) Kyrgyzstan.
11. The planning Commission announced for setting upof an 18member expert committee torecommend measures for efficient management of public expenditure.This Committte isheaded by -
(a) Montek singAhluwalia.
(b) N.C. Vaidy.
(c) Deepak Parekh.
(d) C. Rangarajan.
12. Which of the statement is incorrect ?
(a) Nuclear power corporation of India Limited (NPCIL) and NTPC entered into a joint venture agreement to setup nuclear power project.
(b) S.K. Jain is theChairman ofNTPCandR.S. sharma is theChaiman andManaging director of NPCIL.
(c) NTPC is the largest power generation companywith an installed capacity of 31, 704MW.
(d) NTPC,s. Total coal requirement for the year 2011 is about 145-150 million tonnes, ofwhich the company is planning to import 14 million tonnes.
13. Which of these two banks are not Indian banks.As central government maintained that at least74% equity of these banks are from ontside. So by defination they are not Indian bank.
(a) ICICI andHDFC.
(b) HDFC and Standard charter.
(c) ICICI and standard charter.
(d) StandardCharter and CityBank.
14. Match the following
List I (Chairman) List - II (Company)
A.R.S. Sharm 1.NT PC.
B. B.P. Rao 2.BHEL.
C. C. P. Singh 3.NBPPL.
A B C
(a) 1 2 3
(b) 3 2 1
(c) 2 1 3
15.Match the following
List-I (Power Plant) List-II (Location)
A. Namrup gas project 1.Assam
B. Palatana gas project 2. Tripura
C. Singruli thermal 3. Madhya Pradesh project
A B C
(a) 1 2 3
(b) 3 2 1
(c) 2 1 3
(d) 3 1 2
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