Economy Current Affairs Quiz/Questions-Answers September 2012, September 3-September 9

The economy quizzes are framed from among the incidents/events which created ripples in the economy segment. The Economy Quizzes are aimed towards testing an individual’s knowledge of the current events/incidents in the economy sector. Economy Current Affairs Quizzes are presented in a manner enabling a person to update his/her knowledge on economy current affairs. Find here the Economy Current Affairs Quizzes for the week, 3 September -9 September 2012.

1. Mauritius based, investment firm, got a clearance for their foreign direct investment proposal of investing Rs 808 crore by the union government of India. What was the name of that investment firm?
(a) Cloverdell Investments Ltd
(b) Conyers Dill and Pearman
(c) CIEL Investment
(d) Paracor Investment
Answer: (a) Cloverdell Investments Ltd

2. To split off the ground handling and engineering services of Air India, Union cabinet approved a proposal of how much amount so that the two units Air India Engineering Services Limited (AIESL) and Air India Transport Services Ltd. (AITSL) will be operational as two completely owned subsidiaries and treated as separate profit centers?
(a) 867 crore
(b) 800 crore
(c) 875 crore
(d) 768 crore
Answer: (d) 768 crore

3. The Department of Economic Affairs (DEA) published its annual publication- India’s external debt: a status report 2011-12. As per the published report, India’s external debt in the end of March 2012 was:
(a) $345.8 billion
(b) $250 billion
(c) $362.7 billion
(d) $450 billion
Answer: (a) $345.8 billion

4. As per the data released by world Economic Forum India's ranking declined by three places to what position in the Global Competitiveness Index 2012-2013?
(a) 59 position
(b) 56 position
(c) 61 position
(d) 64 position
Answer: (a) 59 position

5. Due to the demand slowdown in the US and Europe, India’s exports  in July reduced to what per cent making it a steepest fall in three years?
(a) 15.2 percent
(b) 14.8 percent
(c) 12.5 percent
(d) 13.6 percent
Answer: (b) 14.8 percent

Preparing Current Affairs for Competitive Exams now made easy by our Jagran Josh Current Affairs Section. .