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 September 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. Finance Ministry on 12 September 2011 relaxed the norms for foreign institutional investments (FII) in which of the following sectors by reducing the residual maturity and lock-in periods for investments in listed and unlisted bonds?
a. Infrastructure
b. Retail
c. Pharmacy
d. Textiles
Answer: (a)
2. According to official data on the Index of Industrial Production (IIP) released on 12 September 2011 by the ministry of statistics and programme implementation, industrial growth fell to its 21-month low at what per cent in July 2011?
a. 2.4%
b. 3.3 %
c. 4.1%
d. 4.3%
Answer: (b)
3. The Securities and Exchange Board of India (SEBI) approved the draft red herring prospectus (DRHP) of which of the following exchange’s initial public offering on 9 September 2011?
a. Madras Stock Exchange (MSE)
b. MCX's (Multi-Commodity Exchange)
c. Madhya Pradesh Stock Exchange
d. MCX Stock Exchange (MCX-SX)
Answer: (b)
4. Headline inflation as measured by the wholesale price index increased to what percentage in August from 9.22% in July 2011?
a. 9.78%
b. 9.83%
c. 9.91%
d. 10.2%
Answer: (a)
5. The Union Cabinet on 15 September 2011 approved whar per cent increase in the dearness allowance (DA)and relief for the Union government employees and pensioners?
a. 6.5%
b. 7%
c. 7.1%
d. 8%
Answer: (b)
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