THE HIGHLIGHTS OF ECONOMIC SURVEY 2009-10.

THE HIGHLIGHTS OF ECONOMIC SURVEY 2009-10.

The Finance Ministry presents the Economic Survey in the parliament every year, just before the Union Budget. It is the ministry's view on the annual economic development of the country.

Here are the some of the highlights of Economic survey 2009-10:

• Economy posted a remarkable recovery expected to grow at 7.2 per cent in 2009-10 against 6.7 per cent in 2008-09.
• Economy likely to grow by up to 8.75 per cent in 2010-11.
• Full recovery; return to 9 per cent growth in 2011-12.
• India world's 2nd largest wireless network with 525.1 million mobile users
• Manufacturing growth more than doubled to 8.9 per cent in 2009-10 from 3.2 per cent in 2008-09.
• India 10th largest gold holding nation at 557.7 tonnes or about 6 per cent of total foreign exchange reserves.
• Exports in April-December 2009 down 20.3 per cent.
• Imports in April-December 2009 down 23.6 per cent.
• Farm & allied sector production falls 0.2% in 2009-10.
• Need serious policy initiatives for 4% agriculture growth.
• Gross fiscal deficit pegged at 6.5 pc of GDP in 2009-10.
• Trade gap narrowed to USD 76.24 billion in April-December 2009.
• Per capita income increased to 5.3 per cent in 2009-10 from 3.7 per cent in 2008-09.
• Bank credit grows by 13.9 per cent on year-on-year basis. Non-food bank credit recorded an increase of 8.7 per cent on financial year basis till January 15, 2010
• Economic Survey suggested gradual roll back of stimulus steps unveiled in the wake of the global financial meltdown.
• During the year 2009-10, 4.34 crore households have been provided employment under the National Rural Employment Guarantee Scheme (NREGS).
• FIIs investment in equity market rose to Rs 83,424 crore in 2009 compared to withdrawals of Rs 52,987 crore in 2008.
• The total foreign exchange reserves increased by $31.5 billion in 2009-10 fiscal, from $252 billion at the end of March 2009 to $283.5 billion in December 2009.
• Under the National Rural Health Mission (NRHM), which was launched in 2005, infant mortality rate (IMR) is expected to fall below 30 in every 1,000 live births by 2012.The current IMR stands at 53, substantially lower than the figure of 80 in 1991.
• The Indian pharmaceutical industry has become the third largest in world in terms of volume and ranks 14th in terms of value at over Rs 1 lakh crore.
• The Dubai debt crisis is likely to have "some impact" on India's exports and imports as the gulf region is the country's largest trade partner.
• Given the uncertain global context, the Government did not fix an export target for 2009-10, instead the Foreign Trade Policy (FTP) 2009-14 set the objective of an annual export growth of 15 percent with an export target of US$ 200 billion by March 2011.

Allahabad Bank PO GK Paper 2010

1. India signed a climate pact with – China.

2. Sudhir Gokhran has been appointed as – Deputy Governor of RBI.

3. K Radhakrsihna has taken over chairman as – ISRO

4. Winner of man booker prize 2009 – Hillary Mantel

5. Sachin created history by completing ____ runs in ODI – 17,000.

6. Largest Steel Producer in the world – China

7. Zine El Abidine Ben Ali sworn as president of – Tunisia

8. East Asia Summit held in – Thailand

9. Maximum Sugar mills are in which state – Uttar Pradesh

10. India’s GDP in 2008-09 – 6.7%.

11. H5N1 is a – Bird Flu

12. Mohammad Nasheed visited india, he was the president of – Maldives

13. Which country opposed Manmohan singh to visit Arunachal Pradesh – China

14. Ramakrihna venkatraman got nobel prize in – Chemistry

15. Genetically modified crop – Brinjal

16. ____ buyed 200 tones of gold from IMF – RBI

17. Who won the Champions trophy – Australia

18. Basel II norms – Maintaining Capital Adequate ratio

19. After the financial crisis, which affected the World crisis – Dubai crisis.

20. Chief Justice of India – K.G. Balakrishnan

21. POS – Point of sale

22. ECS – Electronic Clearing system

23. The exchange of goods between the two or more countries is known as - FTA(Free Trade Agreement).

24. Present EU President – Herman Van Rompuy

25. Shanti Swarup Bhatnagar awards are given in the field – Science & Technology

26. Dada sahib phalke awards are give in the field – films

27. Which of the following is not a government undertaking – ICICI bank

28. Balraj puri is associated with – Journalist

29. Nobel Prize awardees will give 10 million Swedish ________ - Krones

30. Player not Associated with Lawn Tennis – Anand Pawar

31. Government is disinvesting PSU’s upto _______ percentage – 10%

32. Which of the following is not a river – Ural(Russia)

33. Atta Dal scheme launched in which state – Rajasthan

34. Book by V.S Naipaul – Half a Life

35. Orissa government want to change the name of state as – Odisha

36. Government has celebrated ____ birth anniversary of Mahatma Gandhi – 140^th.

37. Which of the following is not a grandslam title in Tennis – Grandmaster.

38. India Generation Gap review is discussed in – India - European Summit

39. Term not related to Economics – Handedness

40. Term not related to banking and finance – Blue chip

41. Mullaperiyar dam is constructed on the river – Periyar

42. What percentage of education used in India’s GDP – 1%.

43. India buyed Barak anti missile defence from – Israel.

44. Food and Agriculture Organisation comes under the wing – UNO

45. National Skill development is launched by – Ministry of finance

46. Derby is a term used in the sport – Football.

47. Term related to hockey – Centre Forward.

48. Dadaab camp is in news recently, it is in which country – Kenya

49. E-shakti yojana a scheme started in which state – Bihar

50. Social Audit – NREGA

51. Which of the following is not a plant crop –All are plant corps(Vanilla,kiwi,camphor,etc)

52. A/c to world report what % of water is used for agriculture purpose - 69%

53. Only Credit Rating agency in India – CRISIL

54. State Level Afforestation formed by Government – CAMPA(Compensatory Afforestation Management and Planning Authority)

55. Indo-US TPF held in Delhi. What is the fullform of TPF– Trade policy Forum.

56. India discouraged free movements of unskilled labourers from – EU.

57. Scheme launched for pregnant and Lacting women – Indira Gandhi Matritava Sahayog Yojana.

58. UNIFEM launched a project in which state – Delhi.

59. India – European trade value - $60 billion.

60. What amount is required for PSU – 25,000 crore.

61. RBI has kept Emergency Fund facility for which of the following banks –Urban Co-operative banks.

62. One Carbon Credit is equal to – one ton of CO2.

63. Which of the following terms not related to climate change – Basel norms

64. Tax which the employer will pay to employee has been abolished in Union budget – Fridge Benefit Tax.

65. India and china concerned over Payment Imbalance – China is paying in their own currency rather than dollar.

66. India is concerned about instability in which of the following countries – Afghansitan & Pakistan.

General Knowledge Quiz

1.In which country did the ‘sauna’ originate?

2.On which day and which year did America declare itself an independent country?

3.Which is lighter, gold or plastic?

4.What should you say in English if someone sneezes?.

5.How many cents are there in a Australian dollar?

6.Who wrote ‘Animal Farm’?

7.Name five methods of transport?.

8.Name ten countries where English is an official language.

9.Name ten parts of the body lower than the neck.

10.Which explorer discovered the sea-route to India by rounding the Cape of Good Hope?

ANSWERS

1 - Finland

2 - 4th July 1776

3 - Plastic

4 - Bless you.

5 - 100

6 - George Orwell

7 - Train, car, coach, bus, tram, ship, boat, motorcycle etc.

8 - England, Ireland, USA, Canada, India, Kenya, Singapore, Barbados, South Africa, Pakistan etc.

9 - Chest, leg, arm, shoulder, foot, knee, fingers, toes, thigh, shin, ankle etc.

10 - Vasco de Gama