ARUNACHAL PRADESH PUBTIC SERVICE COMMISSION, ITANAGAR

FINANCE & ACCOUNTS OFFICER/TREASURY OFFICER

PRETIMINARY EXAMINATION - 20T6

Subject : GENERALSTUDIES
Time : 2 (Two) Hours ROLL NO.
Maximum Marks : 200

Signature of Candidate Sig n ature of I nvig ilator

I NSTRUGTIONS FOR GANDIDATES

1. Immediately after the commencement of the Examinatior! candidate should check that this
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5. This Question Booklet contains 200 qucstions carrying 1 mark each. Each question contains
four responses. Choose only one response/answer for each question and darken the
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5. No candidate shall be admitted to the Examination Hall 20 minutes after commencement of
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he/she mav bc debarred from fu ture Examinations and interviews to be conducted by the
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N.B: CANDIDATE MAY RETAIN THE QUESTION BOOKLET

FAO/TO-2016 -Prelims -(B)

1 A farmer grows three kinds of crops the year round: peas, which takes 60 days to harvest, radish,
which takes 30 days to harvest, mustard which takes 45 days to harvest. lf he sells the harvest
immediately when it is ready, how many times does he sell peas, radish and mustard together on the
same day in 360 days?
a)2
b)3
c)5
d)1
2 Which of the following states in India is not a major cotton producing state?
aJ Ralasthan
bJ Punjab
cJ Uttar Pradesh
d) Karnataka
3 The college principal wants to select four students to organize a one-day seminar. Talar, Lobsang
Wangham, Kento, Vicky, Munna and lirlek are students who are ready to assist the Principal.
However, they have the following conditions:
Talar and Lobsang will not work together.
Vicky and Wangham will not work together.
Munna and Viclry want to work together.
Which ofthe following is the most acceptable group ofstudents that can be selected by the
principal?
aJ Talar, Wangham, Viclry and Kento.
b) Lobsang Kento, Wangham and Talar.
c) Lobsang, Munna, Viclry and Jirlek.
dJ Wangham, Lobsang Talar and Munna.
4. ln the Rongali Bihu festival ofAssam, young people performs songs and dances in agricultural fields,
community prayer halls and other outdoor locations. This event is called
aJ Rongali
bJ Husori
c) Kutum
dJ Mela
s A villager took a loan from his friend which he promised to return in equal instalments without
paying any interest. After paying 6 installments, 30% percent ofthe loan was refunded. How many
more instalments were remaining for the farmer to pay?
a) 14
b) 10
c)6
d) 72
6 The author of the book 'ln Abor fungles: Being an Account of rhe Abor Expedition, the Mishmi
Mission and the Miri Mission'written in 1912 is
a) Verrier Elwin
b) Edward Tuite Dalton
c) Angus Hamilton
d) .lames Herbert Lorrain
7 The code names Gingerbread, felly Bean, Lollipop, Kitkat are related to which one ofthe following:
aJ Driverless Google car system
b) navigational satellite system
c) Mobile phone operating system
dJ Uber taxi classification system
8 An organism for which 'the human genome project' that finished in 2003 did not sequence the
genome is
a) mouse
b) fruit fly
c) yeast
d) monkey

FAO/TO2016-Prelims-(Bj Page 1
9, A boy shouts loudly in the direction of a flat hillock located some distance away. The echo of the
shout reaches back to the boy in 1 second. If the speed of sound is about 340m/s due to weather
conditions, what is the distance between the boy and the hillock?
a) 780 metres
b) 340 metres
c) 113.33 metres
dJ 170 metres
10. The acid found in bee string is
a) Acetic acid
b) formic acid
c) dilute hydrochloric acid
d) lactic acid
l1.. The AC electric supply for domestic purposes in India has a frequency of
aJ 50 cycles per second
b) 120 cycles per second
c) 60 rycles per second
dl 230 cycles per second
12, The primary reason why water travels from root to leaves in tall trees is
aJ transpiration
b) capillary action
c) osmosis
d) photosynthesis
13. Somewhere in the mountainous regions ofArunachal Pradesh, villagers reported a helicopter crash.
According to them, the crash site is a small rectangular plateau measuring I km by 5 km. This
plateau also contains a natural lake roughly at the centre of the plateau with an area of 5 sq.kns.
What is the probability that the helicopter did not crash inside the lake?
al 7/8
b) s/8
c) 7lB
d) ZlB
t4. The second largest Buddhist monastery in the world is
aJ Tawang monastery
b) Bomdila monastery
c) Ri$/aling monastery
dl Urgeling monastery
15. The term'wifi' related to computer or mobile network stands for
a) wireless firewire
b) wireless fidelity
cJ wireless fixture
d) wireless field
16. Which gas in the following list is not a greenhouse gas
a) chloroflurocarbon
b) Methane
c) Carbon Dioxide
d) Nitrogen
17. An NGO which works for welfare of small boys and girls runs a hostel in ltanagar. The number of
boys is 50 and number of girls is 25. The money spent on food for a boy is 1.5 times that of a girl. If
the monthly budget is Rs. 20,000, how much money is spent for a boy in a month?
a) Rs. 150
bl Rs.200
cJ Rs.300
d) Rs.500

F AO /T 0201.6 -Prelims- (BJ Page 2

18. Which of the living things on the list below is not a mammal?
aJ Bat
b) dolphin
c) porpoise
dl tortoise
19. When the yellow haldi (turmeric) stain on white cloth is washed with detergent, the stain
aJ remains yellow
b) turns red
c) turns blue
dl turns black
20. Which gland is responsible for maintaining the temperature of a human body?
al Thyroid gland
b) Adrenal gland
cJ Pineal gland
dJ Hypothalamus gland
21, If you weigh 54 kilograms on earth, your weight on the surface of moon will be
aJ 10.8 kg
b) 18 kg
c) 9kg
dJ s.4 kg
22, Gross National Happiness index is related to
a) Laos
b) Thailand
cl Cambodia
d) Bhutan
23, Select the statement about lightning below that is false.
a) Lightning also strikes from earth towards the sky
b) lightning never strikes the same place twice
cJ lightning is more likely to strike taller obiects in vicinity
dJ lightning can strike under a clear and blue sky
24, Identiry the seismic zone to which Arunachal Pradesh belongs
a) zone 2
bJ zone 3
c) zone 4
dJ zone 5
25, Identiry the regions not mentioned by the national anthem _/o no-gona-mono.
a) Odisha
bJ Maharashtra
c) Ra.lasthan
dJ Tamil Nadu
26. Bhismaknagar in lower dibang valley is related to which ofthe following dynasties?
aJ Ahom
bl Chutiya
c) Kachari
dJ Bhuyan
27, In 19th century, what factors prompted the British government to force cultivation of lndigo in India?
1. lndigo dye produced a rich blue colour.
2. British cotton industry production expanded
3. West Indies and American Indigo production collapsed
4. France abolished slavery in French colonies.
Choose the correct option[s)
aJ 1an d 2 only
b) 2,3 and 4 only
c) 1,3 and 4 only
d) 7,2, 3and4

FAO/TO2016-Prelims-(B) Page 3
28. The famous commander ofAssam, Lachit Borphukan is related to
1. Battle between Mughal and Ahom kingdoms.
2. the battle of Jamunaghat where Ahoms lost
3. The battle of Saraighat where Ahorns won
4. Battle between Mughal and Kamata Kingdoms
Choose the correct option(sJ.
a) 1 and 3 only
b) 2and4only
c) 1only
d) only
3
29, The system of compensation prevalent from Ahom times in which cultiyators in the foothills of
present-day Arunachal Pradesh would pay a percentage of their agricultural produces annually to
the hill chiefs in their vicinity to avoid raids was known as
aJ poisa
b) taka
c) toka
dJ posa
30. Consider the following statements:
1. Gandhi was the sole representative ofCongress in the 2,d Round Table conference in1931 as per
the Gandhi Irwin Pact.
2. B.R. Ambedkar was the sole representative of Congress in the 3.d Round table conference in
7932.
Choose the correct option[sJ
aJ 1 only
bJ 2 only
c) 1and2 only
d) None ofthe Above
31. Which ofthe following sites in Arunachal Pradesh were excavated by Archaeological Survey of lndia
since Independence?
1. Parsi-parlo
2. Malinithan
3. Chidu-Chimiri
4. Naksaparvat
Choose the correct option[sJ:
a) land 2 only
b) 1,2 and 4 only
cJ 2 and4only
d) 1,2,3 and 4
32, The South West Silk route which connected Tibet with India via Sikkrm passed through
1. Nathula
2. Dondupla
3. Namanla
4. Sela
Choose the correct option[s)
aJ l only
b) 1 and 2only
cJ 1,2 and 3 only
d-) 1,2,3 and 4
33, Consider the following statements about Sultan Muhammad Tughlaq.
1. He ordered residents of Delhi to shift to Daulatabad and back to Delhi.
Z. He issued a cheap metal currency by replacing gold and silver currencies.
Choose the correct option[s).
a) 1 only
b) 2 only
cJ Both 1 and 2
dl Neither 1 nor 2

F AO /T 02076 -P rel ims- (B) Page 4

34, Consider the following statements about the Gond Tribe.
1. They lived in a region called Gondwana
2. Gondwana is located in South-lndia in the present day state of Tamil Nadu.
3. According to Akbar Nama, the Garha Katanga had 70,000 villages.
4. Gond Kings, under influence of Brahmanas, wanted recognition as Raiputs.
Choose the correct option(s).
al 1 and 2 only
b) 1,2 and 3 onty
cl 1,3 and 4 only
d) 1,2,3 and 4
35. Assam broke away from Burma under which treaty?
a) Lakhimpur Treaty
bJ Yandaboo Treaty
cJ Rangoon Treaty
d) Ava Treaty
36. Battle of Kohima betlveen the British and the lapanese was fought in the year
a) 1942
bl 1943
c) 1944
dJ 194s
37. What are the notable featu res oflndus valley civilization?
1. Town Planning
2. Harappa temple
3. Drainage System
4. Sculpture made ofgold
Choose the correct option(s).
al 1 and 2 only
bJ 1 and 3 only
c) 1,2 and 3 only
d) 1,2,3 and4
38. The Anglo-Abor treaties of 1862-63 between British and Abors/Adis-
I. demarcated the "lnnerline" boundary ofAssam and Abor Hills.
2. prevented further wars between the British and the Abor people.
Choose the correct option(sJ.
al 1 only
b) 2 only
c) Both 1 and 2
dJ Neither 1 nor 2
39. In the aftermath ofthe revolt of 1857 against the East lndia Company
1. The powers of East-lndia Company was transferred to the British Crown.
2. All ruling chiefs were assured that their kingdoms would never be annexed in future.
3. British decided to respectthe customary religious and social practices ofthe Indian people.
4. British decided to recruit more soldiers from awadh and south India because their soldiers were
faithful to the east-india company.
Choose the right option[s].
a) 1and2 only
bJ l and3 only
cJ 1,2 and 3 only
dJ 1,2,3and4
40 Aryans as a race was first mentioned by which European author?
a) loseph Arthur Comte de Gobineau
bJ Max Mueller
cl Adolf Hitler
d) Frederick Schlegel
FAO/TO2016-Prelims-(B) Page 5
 41. 'Satyameva Jayate', the national motto of lndia ls based on which Upanishad?
a) Chandogya Upanishad
b) Mundaka Upanishad
c) Aitareya Upanishad
d) Katha Upanishad
42. The boundary between Tibet and present-day Arunachal Pradesh was delineated by an accord /
Treaty between Creat Britain, China and Tibet by
a) Shimla Accord of 1974
b) Lhasa Accord of 1911
cl Peking Accord of 7925
d) Yandaboo Tieary of L8Z6
43, Why did the British empire initiate the installation of underground piped water, drainage and
sewerage systems in Indian towns & cities towards the end of 19h Century?
l. Epidemic ofCholera and Plague occurred in Blackareas oftowns
2. Danger of epidemic spread from Black to white areas of towns.
3. British empire wanted to educate 'dirty' lndians ofEuropean sanitation practices.
Select the correct option[s].
a) 1 only
bl 1 and 2 only
c) 2 and 3 only
d) 1,2and3
M Why did Gandhi consider the salt tax by British India as more oppressive than other taxes?
1. Salt is a valuable cottage industry
2. Excess salt is destroyed by the Empire
3. Salt is used as food preservative by lndians
4. A tax of more than 1000 percent
Choose the correct option[sJ
aJ 1 and 2 only
bl 1,2 and 3 only
c) 1,3 and 4 only
dJ 1,2 and 4 only
45 The religion of early Vedic Aryans was primarily of
a) Image workship and Yajnas
b) Bhakti
cJ Workshop of nature and Yajnas
dl Idol worship and bhajans
46 Consider the following statements:
1. The term Swaraj means self-rule, self-government
2. Swaraj Party was established byMotilal NehruandC.R. Das
3. Lahore session of the congress demand for Poorna Swaraj [Complete Independence) in its
resolution on 26 lanuary 1930.
Choose the correct statement(s).
a) l only
b) 2 only
cJ 1 and 2 only
d) 1,2 and 3
47. What were the various reforms initiated by Brahmo Samaj?
1. Widow remarriage
2. Abolition of caste system
3. Abotition of Dowry system
Choose the correction option(s).
a) 1 only
bl 3 only
c) 1 and 2 only
d) 2 and 3 only

FAO/TO2016-Prelims-(BJ Page 6
4A According to anthropologist Verrier Elwin, the people ofArunachal Pradesh can be broadly divided
into how many cultural groups on the basis oftheir socio-religious affinities?
a)3
b)4
cJs
d)6
49 AccordinB to archaeologists, Malinithan belongs to which century?
a) 12 1 - 13tt' century CE
bJ 13,h - 14th century CE
cJ 14th - 1sth century CE
d) 15.h - 16rh century CE

50. During the partition of India, the person(s) who visited the villages of East Bengal, Bihar, Calcutta
and Delhi to stop hindus and muslims from killing each other was/were
l. Mahatma Gandhi
2. Khan Abdul Gafar Khan
3. Jawaharlal Nehru
4. Vallabh Bhai Patel
Choose the correct option(sJ.
aJ l only
b) 1 and 2 only
c) 3 and 4 only
d) 7,2,3 and.4
s1. The highest peak in Arunachal Pradesh is
a) Nyegyi Kansang
b) Langpo
cJ Chorten Nlma Ri
dl Kangto
52. Consider the following statements about Tropical Easterly let (TEfl.
1. TEJ develops because ofheating ofTibetan plateau
2. TEJ flows between Tibetan plateau and Central America
3. Strong low pressure over Western Pacific Pool results in strong TEJ.
4. Strong high pressure over Western Pacific Pool results in weak TEJ.
Choose the correct statement[s].
a) l only
b) 1 and 3 only
c) 1 and 4 only
d) 1,2and3only
53. According to lndia State of Forest Report 2015, the total forest cover of Arunachal Pradesh as a
percentage ofits total geographrcal area is about
a) 5oo/o
b) 6o0/o
c) 70o/o
dJ 80%
54. The shortest sea route from Mumbai to London will pass through which of the following:
1. Suez canal
2. Mediterranean Sea
3. Caspian Sea
4. Strait of Gibraltar
Choose the correct options(s).

aJ 2 and4only
b) 1,2 and 3 only
c) 7,2,4 only
d) 1,2,3and4

FAO/TO2016-Prelims-(B) Page 7
55. The distance from westernmost part ofGujarat to easternmost part ofArunachal Pradesh is about
al 5900 kilometers
bJ 4900 kilometers
c) 3900 kilometers
d) 2900 kilometers
s6. Southern oscillations that affects Indian monsoon is the periodic change in
a) temperature over Pacific ocean and Atlantic ocean
bJ pressure over Indian ocean and Pacific ocean
c) presssure over Arabian Sea and Bay of Bengal
d) temperature over Atlantic ocean and pacific ocean
57. Which distributary ofGanga river flows enters the Bay of Bengal through West Bengal?
a) Ajay
b) Damodar
c) Hoogly
dl Padma
58. About how many species of bamboo are found in Arunachal Pradesh?
a) 55
b) 4s
c) 35
d) 2s
59. An 'open forest' is a forest with a tree canopy density of
a) 10 to 40 percent.
b) 0 to 10 percent.
c) 10 to 30 percent.
d) less than 5 percent
60 Padma Bhusan awardee Anna Hazare is credited with watershed management, afforestation and
various other measures to fight drought in which village?
a) Hiware Bazar, Maharastra
b) Punsari village, Gujurat
cl Kathewadi, Maharastra
d) Ralegan Siddhi, Maharastra
61, About how many species of orchids are found in Arunachal Pradesh?
a) 700
b) s00
cJ 300
dl 200
62, Which region is the largest tea growing region in India
aJ Nilgiri
bl Darjeeling
c) Assam
dJ Dooars and Terai
63, The seasons change in earth primarily due to revolution ofearth and
a) elliptical shape ofearth's orbit
b) the tilted axis ofearth
c) the pressure difference oflandmasses and oceans
d) moon's gravitational pull on earth
64. Order the major rivers ofArunachal Pradesh from East to West
aJ Lohit, Dibang, Siang, Subansiri, Kameng
b) Kameng Subansiri, Siang, Dibang; Lohit
cJ Subansiri, Siang, Lohit, Dibang, Kameng
d) Kameng Lohit, Tirap, Siang, Subansiri
65. In various parts ofthe north-eastern indi4 red soil is common. What causes the soil to turn red?
aJ Abundance ofNitrogen & Phosphorous
b) Abundance of Silita
c) Abundance of Magnesium
dJ Presence of Fernc Oxide
FAO/TO2016-Prelims-(B) Page 8
66. Following are the characteristics ofan area in lndia
I . Hot and humid climate throughout the year
2. Heavy rainfall of120 to 150 cm
3. Light sandy or clayey loams
4. Watered by silt-laden flood waters
Which crop would be most suitable for this region?
a) tobacco
b) coffee
c) iute
d) tea
67. Consider the following statements regarding organic farming
1. Use of vermi-compost
2. Use ofpesticides pyrethrin and rotenone
3. Use of copper sulfate
4. Use of genetically modifi ed organisms
Sel ect the correct statement(s].
al 1 and 3 only
b) 2 and 3 only
cl 2 and,4 only
d) 1 and 2 only
68 IdentiSz which of the state(sJ below has/have uranium deposits
l. fharkhand
2. Meghalaya
3. Mizoram
4. Andhra Pradesh
Choose the correct option[s).
a) 2and3 only
b) 2,3 and 4 only
c) 1,2 and 4 only
dl land2 only
69. Identiry the refineries that are associated with petroleum obtained from Assam
1. Barauni
2. Noonmati
3. Digboi
4. Siliguri
Cho ose the correct option[sJ
aJ 2 and 3 only
b) 3 only
c) 2,3and4only
d) 1,2and3only
70. The total number ofdistricts in Arunachal Pradesh as on May 2016 is
aJ 18
b) 1e
c') 20
d) 27
71. Identify the sources of natural gas in lndia.
1. Bombay High
2. Assam
3. Krishna-Godavari Basin
4. Tamil Nadu
Choose the correct option(s)-
aJ 1,2and3only
b) 1 and 2 only
cJ 2 and 3 only
d) 7,2 and, 4 only

F AO / T O20 76 -P rel ims- [B) Page 9

72, Which country is the largest producer ofrare earth metals?
a) India
bJ China
c] Australia
d) United States
73, The pattiseema project is related to
a) Linking of Krishna and Godavari rivers
b) Linking of Narmada and tapi Rivers
c) Linking of Krishna and Tungabhadra rivers
d) Linking ofTungabhadra and Cauvery rivers
74. Which of the following in Arunachal Pradesh are wildlife sanctuaries?
1. Mouling
2. Pakhui
3. Namdapha
4. Daying Ering
Choose the correct option(s).
al 1 and 3 only
bJ 2 and4 only
cJ 1,2 and 4 only
d) 2 only
75. Which of the following is/are metamorphic rock(sl?
1. Marble
2. Granite
3. Slate
4. Basalt
Choose the correct option(s).
aJ 1,2 and 4 only
b) 2 and 4only
cl 2 only
d) 1 and 3 only

76, The Prime Minister Narendra Modi attended the 13tt'lndia-EU summit in which country?
aJ United Kingdom
b) France
cl Brussels
d) Greece

77. Who has been appointed as lndia's Goodwill ambassador for Rio Olympics in addition to Sachin
Tendulkar and Salman Khan?
a) Milka Singh
b) Prakash Padukone
c) P.T. Usha
d) Abhinav Bindra
78- International Monetary Fund has retained the growth forecast for India this year at
a) 7.0o/o
b) 7 .So/o
cJ 8.00/o
d) 8.s%
79. 'Adi Praman', an online app, has been launched by which state government of India for tribal caste
validity certificate?
al Assam
b) Orissa
cJ Madhya Pradesh
d) Maharashtra

FAO/T02016-Prelims-(B) Page 10
80. North East ASEAN Business Summit 2016 concluded in which city of north-eastern India?
a) Shillong
b) Guwahati
c) Aizawl
dJ Imphal
81. The prime minister Narendra Modi inaugurated broadband connectivity to north-east India via
which country?
a) Bangladesh
b) Bhutan
c) Nepal
dJ Myanmar
42, 'Project Sunrise' was launched by Govt of India for NE states to
a) Improve intervention against HIV/AIDS
bl Improve early detection of Hepatitis B
cJ Increased number ofsolar powered villages
d) Improve school attendance oftribal girl students
83, The farmer from Arunachal Pradesh who has been honoured with 'ICAR-IARI' Innovative Farmer
Award in 2016 is
a) Hage lampa
b) Kime Kojeen
cJ Tilling Tadi
dl Maklak Perme
84. Sambo Lapung ofArunachal Pradesh won a Gold Medal in Weightlifting in South Asian Games 2016
in which category?
a) 69 kg
bJ s6 kg
c') 62 kg
d) 77 kg
85, Who was the chairman of the committee constituted in 2014 by the Union government for the safety
of NE people living in other parts of India?
aJ R.K. Bhuiyan
bl M.P. Bezbaruah
cJ M. Lalthunga
d) D.K. Marbaniang

86. NABARD has recently entered into collaboration for a special programme on'Soil Protection and
Rehabilitation for Food Security'with which country
a) French
b) fapan
c) Germany
d) Brazil

87, Which state government has recently provided 10%o reservation to economically backward people
of higher castes?
al Gu,arat
b) Assam
c) west Bengal
dl Tamil Nadu
88. Former bureaucrat Nand Kishore Singh selected for.lapan's highest civilian award. What is the name
of the award
a) Order ofThiri Thudhamma
b) Order of the Rising Sun, Gold and Silver
c) Cross ofValour
d) Presidential Medal of Freedom

FAO/TO2016-Prelims-(B) Page 11
89. Asia's largest optical telescope ARIES at has been developed .jointly by India, Russia and Belgium. It
is setup at which state of India
a) Uttarakhand
bJ Maharashtra
c) Himachal Pradesh
d) Kerala
90, One Indian singer has created a Guinness Book ofWorld Record by signing the most number of
songs. What is the name of the singer?
aJ Lata Mangeshkar
b) Asha Bhosle
cJ P. Susheela Mohan
dJ S. P. Balasubrahmanyam

91.. The Telecom Commission on March 2016 has approved a number as the single emergency number
for lndia, What is the number
a) 712
bl 911
c) 999
d) 100
92, The 63rd National Film Awards for year 2015 were announced on 28 March 2016. Amitabh
Bachchan awarded the best actor for the film
aJ Piku
bl 102 Not out
c) Wazir
d) Ki&Ka
93. One Indian Sound Designer became the 1sI Asian to win the presfigious American Motion Picture
Sound Editors' [MPSE) Golden Reel Award. What is the name ofthe Sound Designer
a) Shaiith Koyeri
bl Nakul Kamte
c) Leslie Fernandes
d) Resul Pookutty

94, A football legend who was till recently the FIFA Vice-President has been banned from all footballing
activities. Who is he?
aJ Sepp Blatter
b) Michel Platini
c) Zinedine Zidane
d) Pep Guardiola

95. Who is the author ofthe book'Legends ofPensam'?

aJ Mamang Dai
bJ Y. D. Thongchi
c) Lummer Dai
d) Talom Rukbo
96. The world's largest particle collider near Geneva is named
a) Liquid Nitrogen Collider
bl Liquid Accelerator Collider
cl Large Hadron Collider
dJ Large Accelerator Collider
97. Which of these parties or alliances crossed the halfway mark in the Assam Assembly Elections 2016?
al BJP, AGP and BPF Alliance
bJ AIUDF
c) Congress
d] BIP

FAO/TO2016-Prelims- [ts) Page 12

98 NEET is an entrance examination flor which of the following?
al B.Tech
b) MBBS
cJ BDS
dl b) and cJ
99 The so-called "panama papers" recently in news refer to
a] A paper-like celluloid structure that is stronger than steel
b) A weekly magazine that discovered how panama canal is used for smuggling
cl A set of documents belonging to a Panamian law firm that were leaked in 2016
d] A secret set ofplans that outline nuclear attacks by a ma.jor world power
100. The achievement ofa positive feat three times in sports like baseball, cricket, football and hockey is
called a
a] Score
bJ Brace
cJ Hat-trick
d) Hit
101. Choose the correct version of the sentence - 'Young north-east girl meet one north india guy who
dupe her by false promise her marriage and had year long affair with him.'
a) A young north-eastern girl met one north-lndian guy who duped her with a false promise of
marriage and had a yearlong affair with her.
b] A young north-east girl met one north-lndian guy who duped her by false promise of her
marriage and had a year long affair with him.
cJ A young north-eastern girl met one north-lndian guy who duped her by false promise of her
marriage and had a year long affair with him.
d) A young north-eastern girl meets one north-lndian guy who duped her by false promise of her
marriage and had a year long affair with him.
toz. Choose the correct version ofthe sentence - ' Its usually true that a NGO will take fewer than a
hundred rupees to open a bank account for villager'.
aJ lts usually true that a NGO will take fewer than a hundred rupees to open a bank account for
villagers.
b) Its usually true that a NGO will take fewer than one hundred rupees to open a bank account for
villagers.
cJ It's usually true that an NGO will take less than a hundred rupees to open a bank account for
villager.
dl lt's usually true that an NGO will take less than a hundred rupees to open a bank account for a
villager.
103. Choose the correct version of the sentence: 'Last night, I laid down on the hotel bed for hours but
sleep deludes me'.
a) Last night, I laid down on the hotel bed for hours butsleep deludeme.
bJ Last night, Ilaydown onthe hotel bed for hours butsleep eluded me.
c) Last night, I lie down on the hotel bed for hours but sleep eluded me.
d) Last night, I lain down on the hotel bed for hours but sleep deluded me.
104. Choose the correct version ofthe sentence: 'Those boys standing over their claim that their with
there families.'
a) Those boys standing over their claim that their wit}l their families.
b) Those boys standing over they're claim that their with there families.
cJ Those boys standing over there claim that they're with their families.
d) Those boys standing over their claim that they are with there families.
105. Choose the correct version of the sentence: The various scene of cult movie 'sholay' had lasting affect
on entire generation of cinema lover.
a) The various scenes ofcult movie'sholay' had lasting affect on entire generation of cinema lovers.
bJ The various scenes ofcult movie'sholay' had lasting affects on entire generation of cinema
lovers.
c) The various scenes ofcult movie 'sholay'had lasting effects on entire generations of cinema
lovers.
d) The various scenes ofthe cult movie 'sholay' had a lasting effect on an entire generation of
cinema lovers.

FAO/TO2016-Prelims-(B) Page 13
105, All good comic writers use humor to -- not to side-step the problems ofhuman behavior
aJ amuse
bl juxtapose
cl confront
d) solve
to7. Because Chinese water therapy has been neither completely reiected nor completely accepted by the
scientific community, its status remains _
aJ repudiated
b) quizzical
cl preferable
dJ debatable
108. Everyone will face the idea of old age with as long as we believe that it invariably brlngs
loneliness and illness.
aJ reverence
bl enlightenment
-
cl apprehension
dl regret
109. Each occupation has its own _;
bankers, lawyers and computer professionals, for example, all use
among themselves language which outsiders have difiiculty following

aJ merit
bl disadvantages
cJ rewards
dl jargon

110. As a result ofhis regimented upbringing, that left him unable to see the nuances of complex
situations, he was often accused ofbeing _.

aJ indecisrve
b) obtuse
c) tyrannical
dl boorish
111. Choose the correct meaning ofthe word QUIBBLE.
a) try to avoid something by sophistication
bl try to eat small crumbs
cJ try to bargain noisily
d) try to iudge by superficial characteristics
112. Choose the correct meaning ofthe word COVERT.
a) to modiry or change
b) secretive
c) mysterious
d) to escape by making excuses
113. Choose the correct meaning ofthe word ACRID.
a) dry and brittle
b) cold and clammy
cJ dark and damp
dJ sharp and pungent
tl4. Choose the correct meaning ofthe word MORATORIUM
a) temporary prohibition
b) activities related to nuclear testing
cl a health facility for long term patients
d) A metal alloy used in armament making

FAO/TO2016-Prelims-(B) Page 14
115. Choose the correct meaning of the word CYNOSURE
a) centre of attention
bl exposure to very low temperatures
cJ not sure, uncertain
dJ cynical and unpleasant
tt6. Match the word pair with the correct pair below - HANGAR :AIRCRAFT
a) hands: fingers
bl farm: trees
c) forest: insect
d] vault: money
tt7. Match the word pair with the correct pair below - BRAIN : SKULL.
aJ soldier: fortress
bJ finger:bone
c) turtle: shell
dJ clay : pottery
118. Match the word pair with the correct pair below - MUSICIAN : ORCHESTRA.
aJ mechanic:car
bJ player: team
c) actor: screen
d) songwriting : lyrics
119. Match the word pair with the correct pair below - TIGER : cAT.
aJ tiger: lion
bJ mew : cat
c) goat:animal
d) cat: fish
t20. Match the word pair with the correct pair below - HERBIVOROUS : BOS FRONTALIS.
a) goat : milk
b) bos frontalis: cow
cJ moo : animal
d) carnivorous: tiger
tzt. Choose the word whose meaning is most nearly opposite to the meaning of the word
CACOPHONOUS
a)discordant
b)dulcet
cJ raucous
d) fracas
t22. Choose the word whose meaning is most nearly opposite to the meaning ofthe word - DESULTORY
a) apathetic
bJ inquisitive
c) Iassitude
d) disinterest
123. Choose the word whose meaning is most nearly opposite to the meaning ofthe word - ACUTE
a) dull
b) distant
cJ relevant
dl aloof
124. Choose the word whose meaning is most nearly opposite to the meaning of the word - AMIABLE
aJ lovely
bJ faithful
cJ insipid
dJ unfriendly
tzs. Choose the word whose meaning is most nearly opposite to the meaning of the word - AMALGAM
a) malnutrition
b) separation
c] compound
dJ despondent
F AO / T O20 76 -P relims- (B) Page 15
126. Consider the following statements about P-notes:
1. P-notes stands for Promissory Notes
2. P-notes stands for Participatory Notes
3. P-notes can be issued by a Mutual Fund Manager
4. P-notes can be issued bya registered Fll
Choose the correct statement(sl.
a) 1 only
bl 2 only
cJ 1 and 3 only
d) 2 and4only
127. Which one of the following statements describes the term 'financial stimulus'?
a) It is an intense affirmative action ofthe Government to boost economic activity in the country
b) It is a massive investment by the Government in manufacturing sector to ensure the supply of
goods to meet the demand surge caused by rapid economic growth
c) It is Government's intensive action on financial institutions to ensure disbursement of loans to
agriculture and allied sectors to promote greater food production and contain food inflation.
d) It is an extreme affirmative action by the Government to pursue its policy of financial inclusion.
rza. Which of the following statements appropriate describe the term 'repo rate'?
a) It is the rate at which RBI lends money to commer cial banks in the event of any shortfall of funds
b) It is the rate at which RBI pays to its clients for short-term loans.
c) It is the rate at which RBI lends money to Fll.
d) [t is inverse ofthe rate ofinflation.
129. Debenture holders ofa company are its
a) Directors
b) Share holders
cJ Partners
dl Creditors
130. FDI stands for
a) Fiscal Deposit Index
b) Fiscal Direct Index
c] Foreign Direct Investment
d) Foreign Deposit Index
131. A shopkeeper sells you an item at a discount of 20Vo over MRP. After one week, he purchases the
same item from you at the rate of MRP. What rs your profit?
a) 10% Profit
b) lZ.\o/n Prof\t
c) 20% profit
d) 25o/o proht
132. Consumer Price Index is used in lndia as a measure of
l. Inflation
2. Current Account deficit
Choose the correct option(sJ.
al 1 only
bl 2 only
cJ Both 1 and 2
d) Neither 1 nor 2
133. What are the valid measures to combat deflation of an economy?
1. Reduce money supply
2. Easy money policy
Choose the correct option(s).
a.) 1 only
b) 2 only
cJ Both 1 and 2
d) Neither 1 nor 2

FAO/TO2016-Prelims-(B) Page 76
134, Consider the following statements about Capital Gains Tax (CGT):

l. isan exampleof indirect tax levied during sale of capital assets.

CGT
2. During such transaction, Seller ofCapital assets, is required to withhold the tax.
Choose the correct statement[s).
a) l only
bJ 2 only
cJ Both l and 2
d) Neither 1 nor 2
135. Foreign exchange rate means the rate at which the currency ofone country can be traded for
al The currency ofany other country in the foreign exchange market
bJ US dollar, which is the strongest currency in any foreign exchange market
c) A fixed basket ofcurrencies consisting of Dollar, Yen, Euro and Pound
dJ The currency ofany other country as determined by the International Monetary Fund
136. What constitutes a government budget?
l. Statement ofexpected expenditure and sources offinancing this expenditure
2. Expenditures and sources of financing are governed by the policy objectives of the government
Choose the correct option[s).
aJ l only
bJ 2 only
cJ Both l and 2
d) Neither 1 nor 2
137. Which of the statements below are provisions of the Panchayats (Extension to Scheduled AreasJ Act,
r996?

I . Panchayat legislation should be as per customary law, social and religious practices
2. Gram sabhas have the power of approving all development work in the village.
3. Gram sabhas have the power to manage water bodies.
4. Gram sabhas have the power to create autonomous scheduled councils.
Choose the correct option(sJ.
aJ 7,2 and 3
bl landZ
cJ 4 only
dl Both 1 and 2
138. Consider the following statements about Rajya Sabha

'l
.
The maximum strength of Raiya Sabha is 250.
2. Vice-President of lndia acts as the Chairman of Rajya Sabha
3. Rajya Sabha is not subiect to dissolution.
Choose the correct statement[sJ.

aJ l and 3 only
b) 2 and 3 only
c) 1,2 and 3 dl None ofthe above
139. Which department is responsible for preparation ofthe union budget?

a) Department of Economic Affairs

bl Financial Service Bureau
c) Department of Planning
dl Department of Revenue
t40. NEFT in Indian Banking stands for
al National Eligibility of Financial Transfer
bJ National Electronics Fund Transfer
cJ National Evaluation ofFinancial Transfer
dl National Execution ofFinancial Transfer

FAO/TO2016-Prelims-(B) Page 77
l4l. The number of elected seat(sl reserved in Rajya Sabha for Arunachal Pradesh is
a)1
b)z
c)3
d)0
142. Consider the following statements about the Pradhan Mantri fan Dhan Yoiana
1. Maximum number ofbank accounts opened in one week is a Guinness trook of world records.
2. This scheme allows opening of a zero-balance account.
3. Accidental insurance cover of 5 Lakhs.
Choose the correct statement[s].
a) 2 only
b) 1 and 2 only
c) 2 and3 only
d) 1,2 and 3
143. The Constitution (Seventy-Third Amendment) Act.7992, which aims at promoting the Panchayati
Raj Institutions in the country provides for which ofthe following?
1. Constitution of District Planning Committees.
2. State Election Commissions to conduct all panchayat elections.
3. Establishment of state Finance Commissions.
Select the correct option(s):
a) 1 and 2 only
bJ 2and3only
c) 1and3 only
d) 1,2 and 3
144. What is the difference between "vote-on account" and "interim budget"?
I . The provision of a "vote-on-account" is used by a regular Government, while an "interim budget''
is a provision used by a caretaker Government.
2. A "vote-on- account'' only deals with the expenditure in Government's budget, while an "interim
budget" includes both expenditure and receipts.
Select the correct statement[sJ:
a) 1 only
b) 2 only
c) Both l and Z
dJ Neither l nor Z
14S. The Constitution of India borrowed the scheme of Indian Federation from the Constitution of

a) United Kingdom
bl France
cJ Canada
dl United States
146. According to Startup India initiative, a startup is defined as:
1. Any entity with headquarters in India with an annual turnover of not more than Rs. 25 crore in
any preceding financial year
2. The entity / company must be less than 2 years old.
Choose the correct option(sJ.
a) 1 only
b) 2 only
cJ Both l and 2
d) Neither 1 nor 2
1+7. Consider the following statements about Cash reserve ratio [CRR].
1. When CRR is increased, banks have more money.
2. The excess money due to increased CRR can be used to correct deflation.
Choose the comect statement(s).
aJ 1 only
b) 2 only
c) Both 1 and 2 d) Neither 1 nor 2
F AO /T O2076-Prelims-[B] Page 18
148. What are the obiectives of Indian Public Distribution System [PDS)?
1. To enable cash-strapped state government to sell PDS items in open markeL
2. To use the money obtained from sale of PDS items to do social service like promotion of culture
and dance
3. To providing food grains and other essential items to vulnerable sections of the society at
reasonable (subsidized) prices
4. To directly check the open market prices of various essential items
Choose the correct option(s].
al land2only
bl 3and4only
cJ 3 only
dJ 4 only
149. In the BRICS association of emerging economies, the latest member to ioin it is
aJ Brazil
bJ Russia
c) India
d) South Africa
150. Ifthere is any dispute regarding the election ofthe Vice-President of India, it is decided by
a)President
blPrime Minister
cJ Lok Sabha
dJ Supreme Court
151, The Chairperson of Niti Aayog is
aJ President of India
bJ Governor of RBI
c) Finance Minister of lndia
dJ Prime Minister of India
152. Consider the following statements about the Governor in India:
1. The governor must have a bachelor's degree in any field from a reputed university.
2. The governor is appointed by Prime Minister of India in consultation with its cabinet
3. The governor must be not less than 25 years of age.
4. The Indian Constitution has a laid down procedure for removal ofa governor.
Choose the correct statement(s]:
aJ 2,3 and 4 only
b) 1,2 and 3 only
c] None ofthe above
d) 1,2,3 and 4
153. The first five-year plan of India focused on which ofthe following sectors?
1. Irrigation
2. Agriculture
3. Hydropower
4. Transport
Choose the correct option(sJ.
al land2 only
bl 3and4only
cl 1,2 and 3 only
dJ 1, 2 and 4 only
r54. Consider the following statements regarding the Fundamental duties ofan Indian citizen:
1. To develop the scientific temper, humanism and spirit of inquiry and reform.
2. To provide opportunities for education to his child or, as the case may be, ward between age of 6
and 14 years
3. The fundamental duties are enforceable through judicial remedies by court.
Choose the correct statement(sl.
aJ land2only
bl 2and3only
cJ l only dJ 1,2 and 3

FAO/TO2016-Prelims-[BJ Page 19
155. Consider the following statements about imposition of President's rule in a state:
1. The proclamation under article 356(1J is immune to iudicial review.
2. President's rule can be imposed for up to six months without approval from Lok Sabha and
Raiya Sabha.
Choose the correct statement(s).
al l only
b) 2 only
c) Both l and 2
d) Neither 1 nor 2
156. Consider the following statements about money bill as defined in Article 110 in the Constitution of
India:
1. Money bill can be introduced in Lok Sabha and Rajya Sabha.
2. If any question arises whether a Bill is a Money Bill or not, the decision of the President of India
shall be final.
Choose the correct statement(sl.
aJ l only
bJ 2 only
c) Both l and 2
d) Neither 1 nor 2
157. Which of the following belong to the tundamental right to equality?
1. Abolition of untouchability
2. Right to move freely throughout the territory of India
3. Rights ofthe accused and convicts
Choose the correct option[s).
a) 1 only
bJ 2 only
cJ 3 only
d) 1,2 and 3
158. Consider the following statements about the empowerment of tribal communities in Constitution of
India:
1. 5h Schedule of Constitution of India is applicable for Assam, Tripura, Mizoram and Meghalaya.
2. 6th Schedule of Constitution of India provides considerable autonomy for tribal communities.
Choose the correct statement(s).
aJ l only
b) 2 only
cJ Both 1 and 2
dJ Neither l nor 2

159. Consider the following scenario of an Assembly election of a state where a party B wins in 75olo of
the constituencies but gets zero votes in other constituencies. However, the constituencies are won
by securing only 32%o votes. Which ofthe following statements is true?
a) The vote share of party B is less than 32010.
b) The vote share ofthe party B is at least 32010.
c) The vote share ofthe party B is more than 320lo
d) The vote share ofthe party B is 32ol0
160. Which of the following bodies are mentioned in the constitution?
1. National Commission for Scheduled Tribes
2. Finance Commission
3. Commission of University Education
Choose the correct option(s).
aJ 1 only
bJ 1 and 2 only
cJ 2 and3 only
dJ 1,2 and 3

FAO/TO2016-Prelims-[BJ Page 20
161, Consider the following statements about Union territories of India.
1. Union territories are administered by an Administrator or Lieutenant Governor appointed by
President of India.
2. Union territories cannot have a separate legislature.
Choose the correct statement[s).
aJ 1 only
b) 2 only
cJ Both 1 and 2
dl Neither 1 nor 2
162, Consider the following statements about states of India.
1. All States in lndia have a legislative assembly.
2. Only )ammu and Kashmir and Karnataka have bicameral legislatures
3. The state legislature has the power to make laws on subjects in concurrent list.
Choose the correct statement(s).
aJ 1 and 2 only
bJ 2 and3only
c) l and 3 only
dJ 1,2 and 3
\63. Consider the following statements regarding appointment and transfer of iudges of iudiciary in
India.
1. Until 14 August, 2014, appointment of Supreme Court judges was done by a collegium, when it
was replaced by National Judicial Appointments Commission.
2. Maximum age ofa supreme court judge is 62 years.
3. Only Supreme couft can take suo moto cognizance on matters of public interest.
Choose the correct statement[s).
aJ land2 only
b) 2 and3 only
cJ 1,2 and 3
d) None of the above
164, At the time of enactment of the Constitution, which of the following ideals were included in the
Preamble?
1. Republic
2. Secular
3. Sovereign
4. Socialist
Choose the correct option[s].
al 1, 3 only
b) 7,2,3 only
c) 1, 3, 4 only
d) 7,2,3 and.4
165, Which ofthe following matters belong to the residuary powers as per the constitution of India.
1. Cyber Laws
2. Livestock and Animal Husbandry
3. Education
Choose the correct option[s).
a) 1 only
b) 2 only
c) 3 only
d) 1,2 and 3
t66. The promotion of Panchayati Raj institutions via 73.d Constitutional amendment provides for which
ofthe following?
1. State Election Commissions to conduct all panchayat elections.
2. Constitution of Urban Panchayat committees.
3. Establishment of Panchayat Finance Commissions.

FAO/TO2016-Prelims-[B] Page 27
 Choose the correct option(s).
a) 1 only
bJ 1 and 2 only
cJ land3only
d) 1,2 and 3
167, The Supreme Court Iudges sit in
aJ One Bench
b] Several Benches
c] Both one and Several Benches
dJ Double Benches
168. The tenure of Ralya Sabha members is
al 2 years
b) Permanent
c) 5 years
dJ 6 years

169. What does the term 'special maiority' mean with respect to constitutional amendments?
aJ More than 500/o of members of the house
b) At least two-thirds ofall members ofa house
cJ At least 50o/o ofall voting members ofa house
dJ None of the above.
170. Consider the following statements regarding the 42nd amendment ofthe Constitution of lndia
1. The Directive principles of state policyweregiven primacy over the fundamental rights.
2. The life of the Lok Sabha and State Legislative Assemblies was extended from 5 to 6 years.
3. The amendment also inserted an article to deny the Supreme Court the power to consider the
Constitutional validity of a State law.
Choose the correct option[s].
a) 1 only
b) l and2 only
c) 1 and 3 only
dJ 1,2 and 3
t7t. Consider the following statements about'the Consolidated Fund of India'.
1. Revenues received by the Government of India belong to the consolidated fund of India.
2. Loans raised by that Government by the issue oftreasury bills belong to the consolidated fund of
India.
3. Consolidated fund of India is placed at the disposal of the President to enable advances to be
made by him out ofsuch Fund for the purposes of meeting unforeseen expenditure.
Choose the correct statement(s).
aJ l only
bl 1 and 2 only
c) l and3 only
d) 1.,2 and 3

172. Consider the following statements about the Comptroller and Auditor General of India.
1. The CAG is an internal auditor of all non-banking / non-insurance Government owned
Companies.
2. The CAG is responsible for approval ofStatutory Branch Auditors of Public Sector Banks.
3. The CAG is not eligible for further office either under the Government of India or under the
Government ofany State after he has ceased to hold office.

Choose the correct statement(s]

al l only
bJ 1 and 2 only
cl 3 only
dJ 2and3only

FAO/TO2016-Prelims-(BJ Page 22
173. Which of the following taxes is exclusively and totally assigned to the central government by the
constitution?
1. Estate Tax
2. Railway Fares and Freight
3. VAT
Choose the correct option[s].
a) 1 only
b) 2 only
c) 3 only
dJ 1,2 and 3
174. Consider the following statements regarding the Constitution [122nd] Amendment Bill,2014 for
Goods and Services Tax which was passed in Lok Sabha in 2015.
1. GST is a value added Tax to be levied at all points in the supply chain.
2. GST will be levied concurrently by Centre and state.
3. GST will not, however, replace the Central Sales Tax.
Choose the correct statement(sl.
aJ 1 only
b) 1 and 2 only
c) 3 only
d) 2and 3 only
L7S. Which of the following initiatives are included in Prime Minister's 15 point programme?
1. Declaration ofAligarh Muslim University as minority institution.
2. Modernization of Madarsa Education.
3. Scholarship for meritorious students from Minority Students.
Choose the correct option[sJ.
a) 1 only
b) 1 and 2 only
c) 3 only
d) 2 and3 only
176. Suppose a company plans to raise Rs 3 crore by issuing 1 lakh shares via right shares offering of5
for 10 shares. Ifyou have 1000 shares ofthis company, you can buy a maximum of
aJ 50 shares for a price ofRs. 1,50,000
bJ 500 shares for a price of Rs. 1,50,000
cl 50 shares for a price of Rs. 15,00,000
d) 500 shares for a price of Rs. 15,00,000
L77. If a company issues 100 shares of common stock with a par value of Rs. 1.00 and sells them for Rs.
50 each, the paid-in capital equals
a) Rs. 4,900
b) Rs. s0
c) Rs. 5000
d) Rs. 1000
fi4. Consider the following statements about IPO.
1. IPO stands for Initial Public Offering.
2. Before a company goes for IPO, it is a privately held company.
Choose the correct statement(sJ.
a) l only
bJ 2 only
cl Both l and 2
dJ Neither 1 nor 2.
179. A company decides to distribute some goodies worth Rs. 2 Lakhs to all tle employees ofa company
as incentive for performance. The account to which the amount ofRs. Lakhs will be debited is:
a] Goods Account
b) Labour Account
c] Profit Loss Account
dJ Emergenry Account
F Ao /T 02 076 -P relims- (BJ Page 23
180. SEBI stands for
a] Shares Exchange Board oflndia
bJ Standard Exchange Board oflndia
cJ Securities and Equity Board oflndia
d) Securities and Exchange Board oflndia
181. Consider the following statements about debentures.
1. Debentures represent a part ofcapital ofa company
2. Debenture holders are paid dividends ifthe companygains profit.
3. Debenture holders have voting rights.
Choose the correct statement(s).
aJ l and2 only
b) 2 and 3 only
c) 1.,2 and 3
dJ None of the above.
raz. Consider the following statements about e-commerce.
I. E-commerce stands for express commerce.
2. E-commerce can involve business-to-business buying and selling.
3. E-commerce business may employ online shopping websites.
Choose the correct statement(s).
aJ 1and2 only
bl 2 and3 only
cJ 1,2and3
d) None of the above.
183. Consider the operation of a limited company which writes off expenses of Rs 50,000 and provides
for depreciation ofassets amounting to Rs. 54,000 and makes a net profit ofRs. 3,00,000, with a gain
of Rs. 20,000 from sale ofan old equipment. What are the funds from this operation?
aJ Rs.3,84,000
bJ Rs.4,04,000
cJ Rs.3,50,000
dJ Rs.3,20,000
184. Suppose you invested Rs.2,000 by purchasing shares ofa company and sold the shares for a total of
Rs.2,500 a year later. What is the ROI?
a) 25o/o
b) 2oo/o
c) 2.5o/o
d) 2.oo/o
185. What is the current ratio ofa company that has Rs.Z crores in cash, $1 crore in securities, Rs.4 crores
in inventory, Rs.2 crores in accounts receivable and Rs.5 crores in Iiabilities?
a) Z.O
b) o.s
cJ 1.5
d) 1.0
186. Which Stock Exchange was the first to introduce a transparent, screen-based trading system in the
wholesale debt market including govt. securities in 1994?
a) Delhi Stock Exchange
bJ Bombay Stock Exchange
c) Jaipur Stock Exchange
dJ National Stock Exchange
187. What are the obiectives of 'Disinvestment Policy' for PSUs?
1. To depoliticize non-essential services
2. To reduce financial burden ofthe Government
3. To decrease fiscal deficit
Choose the correct option(s).
a) l and 2 only
bl 2 and 3 only
c) 1,2 and 3
dJ None of the above.
FAO/TO2016-Prelims-(B) Page 24
188, What is the dividend yield ifyou own 1000 shares of a company that pays Rs.15 per share in annual
dividends and the current stock price is Rs.125?

a) lZVo
b) 8.3370
c) l2.5Vo
dJ 8olo
189. Consider the following statements about the Indian Economic Crisis in 1991.
I. lndia was excessively dependent on Soviet Union for its exports.
2. Gulfwar caused the prices of oil to soar.
3. India had less than $1 million forex reserves in the beginning of 1991.
Choose the correct statement(sJ.
a) 1 and 2 only
b) 2and3only
c) 1,2 and 3
d) None ofthe above.
190. Consider the following statements about the duality principle in accounting,
1. Loss in business can be viewed as gain in assets.
2. Duality principle is the basis for double entry accounting system.
3. Assets equals liabilities and capitals.
Choose the correct statement(s).
a) 1 and 2 only
b) 2and3only
c) 1,2 and 3
dl None ofthe above.
191. The maximum limit of FDI in multi-brand retail is

aJ 49o/o
b) 50o/o
cl 5lo/o
dl l00o/o
192. A company reported annual sales of Rs. 500 billion, year-end inventory of Rs. 50 billion, and annual
cost of goods sold of Rs.400 biltion. What is its days sales inventory?

aJ 45.62
b) r.25
c) 10
d) I
193, Consider the following statements about trade deficit

1. Trade deficit is also termed as net imports.

2. A sustained trade deficit can positively affect employment.
3. Trade deficit can cause appreciation of currency value.
Choose the correct statement[sJ.
a) 1 and 2 only
b) 2 and 3 only
cJ 1,2and3
dJ None ofthe above.

L94. If a company acquires a target company without the approval of company's board of directors by
going directly to the company's shareholders or fighting to replace management, such a process is
called
a) Hostile takeover
b) Merger
c) Poison Pill
d) Golden parachute

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195. The money used to replace worn-out parts of a machine is treated as-
a) Capital expenditure
b) Revenue expenditure
c) Deferred revenue expenditure
dJ Capital loss
196. In foreign trade, what is an indent?
a) A certificate of merchandise on the ship
bl Shipping documents in duplicate
c) A firm and binding order ftom the importer
dJ A letter ofintent from the supplier
197. What is an export processing zone?
a) A desigrated area that is used to accelerate the process of exporting essential items to friendly
countries.
b) A designated area that enables express payment of export fees.
c) A reserved area where only public sector companies of India dealing in export-import business
are setup.
dJ A custom area where one is allowed to import plant, machinery, equipment and material for the
manufacture of export Boods without payment of duty
198. The main purpose ofauditing is to:
a) detect accounting offences and to punish the offender
b) prepare and authenticate the accounts
c) prepare the accounts and authenticate their true and fair view
d) certiff the financial position ofthe business
199. What does FEMA stand for?
a) Forex Exchange Monetary Act
bJ Forex Exchange Management Act
c) Foreiga Exchange Management Act
d) Fund Exchange Management Act
200. What is Sensex?
a) Stock market lndex of30 companies listed in Bombay Stock Exchange.
b] Sensitive export related stock exchange
cJ Sensitive export report generated daily by National Stock Exchange
d] Sensitive export group of100 companies

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