Economy Current Affairs Quiz/Questions-Answers November 2011, November 14-November 20

Taking the Economy Current Affairs Quiz will test as well as enhance your knowledge on economy related issues. Moreover the Economy Current Affairs Quiz for November 2011 will help you in the preparation for different competitive examination like that of Bank PO, MBA, NABARD, RBI, Railway, SSC, Civil Services Exam etc.

1.    As per inflation data released on 14 November 2011, headline inflation was moved up to what per cent in October 2011 despite the various supply-side and monetary measures taken by the government and the RBI?
a.    9.73%
b.    9.77%
c.    9.92%
d.    10.01%
Answer: (a)

2.    The petrol price was slashed by what amount on 15 November 2011 after being raised by Rs 1.80 in early November 2011?
a.    Rs 1.80
b.    Rs 2.00
c.    Rs 2.22
d.    Rs 2.25
Answer: (d)

3.    Union Cabinet on 16 November 2011 agreed to partially allow foreign direct investment (FDI) to enter the pension sector. What percentage FDI has been permitted in the pension sector?
a.    24%
b.    26%
c.    33%
d.    49%
Answer: (d)

4.    A survey of eight sectors conducted by the labour ministry released on 16 November 2011 revealed that despite the slowdown in economic activity, employment increased marginally in April-June quarter of 2011-12. In the eight sectors under survey by what per cent did the employment increase?
a.    1.62%
b.    2.15%
c.    2%
d.    3.1%
Answer: (b)

5.    The Finance Ministry on 17 November 2011 increased the investment limit for foreign institutional investors (FII) in government securities (G-secs) and corporate bonds by what amount each?
a.    $ 4 billion
b.    $ 4.8 billion
c.    $ 5 billion
d.    $ 6.2 billion
Answer: (c)

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