Tuesday, 5 June 2012


1. Which of India's leading commodity bourses on 20 December 2011 became the world's fifth-largest commodity futures exchange?
a. National Multi Commodity Exchange of India
b. Bharat Diamond Bourse
c. Multi Commodity Exchange
d. Bombay Stock Exchange
Answer: (d)

2. Name the state-run Mumbai-headquartered bank which on 29 December 2011 surprised the market by cutting its base rate, the minimum lending rate, by 10 basis points, thereby becoming the first banker this year to do so when others are waiting for a signal from the central bank.
a. State Bank of India
b. Union Bank
c. United Bank of India
d. Allahabad Bank
Answer: (b)

3. Which PSU lender called off its plans to set up a joint venture with Visa Inc and Elavon Inc to enter the merchant acquiring business over differences on sharing technology?
a. Union Bank
b. State Bank of India
c. Syndicate Bank
d. Corp Bank
Answer: (b)

4. The Board of Approval (BoA) under the Commerce Ministry on 24 January 2012 approved the proposal of this company to set up a special economic zone (SEZ) at Indore in Madhya Pradesh. Identify the company.
a. Reliance Industries
b. Tata Consultancy Services (TCS)
c. Hero Motors
d. Infosys
Answer: (b)

5. Name the world's largest biotechnology company which agreed to buy Micromet in a $1.16 billion deal to gain an experimental leukemia drug.
a. Celgene Drug
b. B B Biotech
c. Dechert
d. Amgen
Answer: (d)

6. Which cha [...]

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