Economy Current Affairs Quiz/Questions-Answers September 2011, September 5- September 11

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.    Which body observed on 5 September 2011 that the Securities and Exchange Board of India (SEBI) has wider powers under the Sebi Act to issue directions to even unlisted firms to protect interest of investors in the securities market?
a.    Supreme Court of India
b.    Securities Appellate Tribunal (SAT)
c.    Ministry of Finance
d.    FICCI
Answer: (b)

2.    Supreme Court on 5 September 2011 issued notice to the government on a plea challenging the appointment of Atul Kumar Rai as the chief executive officer and managing director of which of the following bodies despite his alleged involvement in corrupt practices?
a.    Industrial Finance Corporation of India (IFCI)
b.    FICCI
c.    Chamber of Commerce
d.    Competition Commission of India
Answer: (a)

3.    UNCTAD's Trade and Development Report 2011 launched in New Delhi on 6 September 2011projected an economic growth of what per cent for India in 2011?
a.    8%
b.    8.1%
c.    9.2%
d.    8.6%
Answer: (b)

4.    Indian rupee on 7 September 2011 settled at one-year low against the US currency. What was the value of the India value vis-à-vis the US currency?
a.    46.16/17
b.    46
c.    45.32/33
d.    45
Answer: (a)

5.    Which of the following body’s Trade and Development Report 2011 launched in New Delhi on 6 September 2011projected an economic growth of 8.1% per cent for India in 2011?
a.    Asian Development Bank
b.    World Bank
c.    International MonetaryFund
d.    UNCTAD
Answer: (d)

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