71) When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?
(a) India's GDP growth rate increases drastically
(b) Foreign Institutional Investors may bring more capital into our country
(c) Scheduled Commercial Banks may cut their lending rates
(d) It may drastically reduce the liquidity to the banking system



72) In India, the steel production industry requires the import of
(a) saltpetre
(b) rock phosphate
(c) coking coal
(d) All of the above



73) In India, markets in agricultural products are regulated under the
(a) Essential Commodities Act, 1955
(b) Agricultural Produce Market Committee Act enacted by States
(c) Agricultural Produce (Grading and Marking) Act, 1937
(d) Food Products Order, 1956 and Meat and Food Products Order, 1973



74) Convertibility of rupee implies
(a) being able to convert rupee notes into gold    
(b) allowing the value of rupee to be fixed by market forces   
(c) freely permitting the conversion of rupee to other currencies and vice versa
(d) developing an international market for currencies in India



75) There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?
1. Reducing revenue expenditure
2. Introducing new welfare schemes
3. Rationalizing subsidies
4. Expanding industries

Select the correct answer using the code given below.
(a) 1 and 3 only
(b) 2 and 3 only
(c) 1 only
(d) 1,2,3 and 4



76) Which of the following brings out the 'Consumer Price Index Number for Industrial Workers'?
(a) The Reserve Bank of India
(b) The Department of Economic Affairs
(c) The Labour Bureau
(d) The Department of Personnel and Training



77) Which of the following has/have been accorded 'Geographical  Indication' status?
1. Banaras Brocades and Sarees
2. Rajasthani Daal-Bati-Churma
3. Tirupathi Laddu

Select the correct answer using the code given below.
(a)  1 only    
(b) 2 and  3 only
(c) 1 only 3 only
(d) 1, 2 and 3


78) H1N1 virus is sometimes mentioned in the news with reference to which one of the following diseases?
(a) AIDS
(b) Bird flu
(c) Dengue
(d) Swine flu


79) With reference to 'fuel cells' in which hydrogen-rich fuel and oxygen are used to generate electricity. Consider the following statements :
1. If pure hydrogen is used as a fuel, the fuel cell emits heat and water as by-products.
2. Fuel cells can be used for powering buildings and not for small devices like laptop computers.
3. Fuel cells produce electricity in the form of Alternating Current (AC).

Which of the statements given above is / are correct?
(a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3


80) With reference to the art and archaeological history of India, which one among the following was made earliest?
(a) Lingaraja Temple at Bhubneshwar
(b) Rock-cut Elephant at Dhauli
(c) Rock-cut Monuments at Mahabalipuram
(d) varaha Image at Udayagiri