General Knowledge 2
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GENERAL KNOWLEDGE Dr. T.K. Jain. AFTERSCHOOOL www.afterschool.tk www.afterschoool.tk www.afterschoool.tk
Chelliah Committee was about? • Taxation • This committee recommended tax reforms in 1991.
www.afterschoool.tk
What was Kelkar Committee about? • Taxation • Gave its recommendations in 2002.
www.afterschoool.tk
What is VAT? • Value added Taxes
www.afterschoool.tk
What is MODVAT? Which tax is it related? • Modified Value Added Tax • It is about Excise.
www.afterschoool.tk
What is CENVAT? • IT IS CENTRAL VALUE ADDED TAX. • IT WAS STARTED IN 2000.
www.afterschoool.tk
What is FRBM? (Related to macro-economics in India) • Fiscal Revenue and Budget management – to manage fiscal deficit. • FRBM Act was enacted in 2003 and implemented from 2004.
www.afterschoool.tk
What was FDI in India in 2006-7? • 14.4 billion $
www.afterschoool.tk
What is foodgrain production in India (annual)? • Over 200 million tonnes • (now it is approx. 205 ml. tonnes per annum).
www.afterschoool.tk
Which country is second largest trading partner of India in international trade? • China • The first is USA (which has approx. 10% share in our trade).
www.afterschoool.tk
To which group of countries we make maximum exports? • Europeon Union (21% of total exports, followed by USA – 14%, UAE 10% and China 5.3%)
www.afterschoool.tk
Chairman of OPEC? • Shakib Khalil is chairman of Oil Producing and Exporting countries association (OPEC).
www.afterschoool.tk
Abhijit Sen Committee was about? • Commodity futures market.
www.afterschoool.tk
On how much land – do we have cultivation in India? • 183 ml. hectares.
www.afterschoool.tk
What is growth rate of India in 2006-7 (approx.)? • 9.6 % approx as per central statistical organisation.
www.afterschoool.tk
The first bank to introduce cash withdrawl with mobile banking? • Stand. Chartered bank.
www.afterschoool.tk
How many commercial banks are working in India? • 44 (17 are in private sector).
www.afterschoool.tk
When did life insurance start in India? • 1818 Oriental Life Insurance co. in Kolkatta • LIC of India was set up in 1956 (by taking over all 245 life insurance companies working at that time).
www.afterschoool.tk
What is tarapore committee about? • Capital Account convertibility
www.afterschoool.tk
What is M3 (money)? • Currency available with general public plus deposits with RBI, call deposits with bank and Fixed deposits with Banks.
www.afterschoool.tk
Full form of SEZ? • SPECIAL ECONOMIC ZONE.
www.afterschoool.tk
What is P-Notes? • Participatory Notes – through which FII can invest money in Indian stock market without taking permission from SEBI. • FII= Foreign Institutional Investor • FDI= Foreign Direct Investment • DFI= Domestic Financial Institution • FI = financial institution.
www.afterschoool.tk
Who started green revolution in India? • Scientist M.S. Swaminathan started Green Revolution in 1966-7 – due to which agricultural production increased manifold – fertilizers and high yield crops were adopted.
www.afterschoool.tk
Who started green revolution in the world? • Norman Borlog
www.afterschoool.tk
When was policy announced regarding agricultural sector recently? • 2007 – National Agricultural Policy was announced
www.afterschoool.tk
What is NABARD? • National Bank for Agricultural and Rural Development – set up in 1981.
www.afterschoool.tk
What is MCX? • Multi Commodity Exchange – started in 2003.
www.afterschoool.tk
What is BIFR? • Board of Industrial and Financial Restructuring. • It is about Sick Units – so that they may recover and revitalise. It was started in 1987. it has by now settled 4200 matters.
www.afterschoool.tk
What is NATRIP? • National Automotive Testing and Research and Development Infrastructure Project. - to promote automobile sector – started in 20067.
www.afterschoool.tk
What does Dynamo do? • Converts physical energy into electricity.
www.afterschoool.tk
What is calorie? • It is a measure of energy. • The energy required to heat up 1 Gram water’s temperature by 1degree centigrade is called one calorie.
www.afterschoool.tk
Where is SONAR used? • It is used in sea – as a tool for measuring distance and for communication.
www.afterschoool.tk
Who invented GAMMA rays? • Becqverell.
www.afterschoool.tk
Who invented X rays? • Rontgen
www.afterschoool.tk
Who invented UV rays? • Rickter invented Ultra Violet rays.
www.afterschoool.tk
Who invented Proton ? • Rutherford.
www.afterschoool.tk
Who invented Nutron? • Chadwick
www.afterschoool.tk
Who invented electron? • J.J. Thompson.
www.afterschoool.tk
Who invented Positron? • Anderson
www.afterschoool.tk
Who invented Nutrino? • Pauli
www.afterschoool.tk
Who invented Pai Meson? • Yuvaka. 1935
www.afterschoool.tk
Who invented radioactivity? • Madam Queri and Becquerell
www.afterschoool.tk
Who invented Cement? • Joseph Afdeen (1824)
www.afterschoool.tk
Who invented Steel? • Henry Bessemer (1855)
www.afterschoool.tk
Who invented Plastic? • Alexander Park
www.afterschoool.tk
Who invented Jet Engine? • Frank Whittle (1930)
www.afterschoool.tk
Who invented Hydrogen? • Kevindash (1766)
www.afterschoool.tk
Who invented dynamite? • Alfred Nobel (1862)
www.afterschoool.tk
Thanks • Afterschoool conducts three year integrated PGPSE (after class 12 along with CA & CS) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CFP / CFA / FRM. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from www.afterschoool.tk afterschoool and help us in developing
www.afterschoool.tk social entrepreneurship for better society
www.afterschoool.tk
Chelliah Committee was about? • Taxation • This committee recommended tax reforms in 1991.
www.afterschoool.tk
What was Kelkar Committee about? • Taxation • Gave its recommendations in 2002.
www.afterschoool.tk
What is VAT? • Value added Taxes
www.afterschoool.tk
What is MODVAT? Which tax is it related? • Modified Value Added Tax • It is about Excise.
www.afterschoool.tk
What is CENVAT? • IT IS CENTRAL VALUE ADDED TAX. • IT WAS STARTED IN 2000.
www.afterschoool.tk
What is FRBM? (Related to macro-economics in India) • Fiscal Revenue and Budget management – to manage fiscal deficit. • FRBM Act was enacted in 2003 and implemented from 2004.
www.afterschoool.tk
What was FDI in India in 2006-7? • 14.4 billion $
www.afterschoool.tk
What is foodgrain production in India (annual)? • Over 200 million tonnes • (now it is approx. 205 ml. tonnes per annum).
www.afterschoool.tk
Which country is second largest trading partner of India in international trade? • China • The first is USA (which has approx. 10% share in our trade).
www.afterschoool.tk
To which group of countries we make maximum exports? • Europeon Union (21% of total exports, followed by USA – 14%, UAE 10% and China 5.3%)
www.afterschoool.tk
Chairman of OPEC? • Shakib Khalil is chairman of Oil Producing and Exporting countries association (OPEC).
www.afterschoool.tk
Abhijit Sen Committee was about? • Commodity futures market.
www.afterschoool.tk
On how much land – do we have cultivation in India? • 183 ml. hectares.
www.afterschoool.tk
What is growth rate of India in 2006-7 (approx.)? • 9.6 % approx as per central statistical organisation.
www.afterschoool.tk
The first bank to introduce cash withdrawl with mobile banking? • Stand. Chartered bank.
www.afterschoool.tk
How many commercial banks are working in India? • 44 (17 are in private sector).
www.afterschoool.tk
When did life insurance start in India? • 1818 Oriental Life Insurance co. in Kolkatta • LIC of India was set up in 1956 (by taking over all 245 life insurance companies working at that time).
www.afterschoool.tk
What is tarapore committee about? • Capital Account convertibility
www.afterschoool.tk
What is M3 (money)? • Currency available with general public plus deposits with RBI, call deposits with bank and Fixed deposits with Banks.
www.afterschoool.tk
Full form of SEZ? • SPECIAL ECONOMIC ZONE.
www.afterschoool.tk
What is P-Notes? • Participatory Notes – through which FII can invest money in Indian stock market without taking permission from SEBI. • FII= Foreign Institutional Investor • FDI= Foreign Direct Investment • DFI= Domestic Financial Institution • FI = financial institution.
www.afterschoool.tk
Who started green revolution in India? • Scientist M.S. Swaminathan started Green Revolution in 1966-7 – due to which agricultural production increased manifold – fertilizers and high yield crops were adopted.
www.afterschoool.tk
Who started green revolution in the world? • Norman Borlog
www.afterschoool.tk
When was policy announced regarding agricultural sector recently? • 2007 – National Agricultural Policy was announced
www.afterschoool.tk
What is NABARD? • National Bank for Agricultural and Rural Development – set up in 1981.
www.afterschoool.tk
What is MCX? • Multi Commodity Exchange – started in 2003.
www.afterschoool.tk
What is BIFR? • Board of Industrial and Financial Restructuring. • It is about Sick Units – so that they may recover and revitalise. It was started in 1987. it has by now settled 4200 matters.
www.afterschoool.tk
What is NATRIP? • National Automotive Testing and Research and Development Infrastructure Project. - to promote automobile sector – started in 20067.
www.afterschoool.tk
What does Dynamo do? • Converts physical energy into electricity.
www.afterschoool.tk
What is calorie? • It is a measure of energy. • The energy required to heat up 1 Gram water’s temperature by 1degree centigrade is called one calorie.
www.afterschoool.tk
Where is SONAR used? • It is used in sea – as a tool for measuring distance and for communication.
www.afterschoool.tk
Who invented GAMMA rays? • Becqverell.
www.afterschoool.tk
Who invented X rays? • Rontgen
www.afterschoool.tk
Who invented UV rays? • Rickter invented Ultra Violet rays.
www.afterschoool.tk
Who invented Proton ? • Rutherford.
www.afterschoool.tk
Who invented Nutron? • Chadwick
www.afterschoool.tk
Who invented electron? • J.J. Thompson.
www.afterschoool.tk
Who invented Positron? • Anderson
www.afterschoool.tk
Who invented Nutrino? • Pauli
www.afterschoool.tk
Who invented Pai Meson? • Yuvaka. 1935
www.afterschoool.tk
Who invented radioactivity? • Madam Queri and Becquerell
www.afterschoool.tk
Who invented Cement? • Joseph Afdeen (1824)
www.afterschoool.tk
Who invented Steel? • Henry Bessemer (1855)
www.afterschoool.tk
Who invented Plastic? • Alexander Park
www.afterschoool.tk
Who invented Jet Engine? • Frank Whittle (1930)
www.afterschoool.tk
Who invented Hydrogen? • Kevindash (1766)
www.afterschoool.tk
Who invented dynamite? • Alfred Nobel (1862)
www.afterschoool.tk
Thanks • Afterschoool conducts three year integrated PGPSE (after class 12 along with CA & CS) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CFP / CFA / FRM. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from www.afterschoool.tk afterschoool and help us in developing
www.afterschoool.tk social entrepreneurship for better society
www.afterschoool.tk
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