Words of the day: 30th Oct’09

heinous
adjective ]
MEANING :
hateful, totally reprehensible
USAGE EXAMPLE 1 :
The judge said that such a heinous act required a death sentence.
USAGE EXAMPLE 2 :
“Composite dialogue cannot begin unless and until terrorist heads which shook Mumbai are properly accounted for, [and] perpetrators of these heinous crimes are brought to book.”
BBC, India puts Pakistan talks on hold, 16 July 2009
homiletics
noun ]
MEANING :
the skill of sermonizing
USAGE EXAMPLE 1 :
He was taught homiletics as a part of his degree course.
USAGE EXAMPLE 2 :
What is true in the field of education, linguistics, ethnomusicology, marching bands, psychology and culture is also true in the field of homiletics, hermeneutics, biblical studies, black sacred music and black worship.
CNN, Transcript of Jeremiah Wright’s speech to NAACP, 28 April 2008
idyll
noun ]
MEANING :
1. a narrative of a sequence of events in verse or prose
2. an episode of idyllic appeal
3. a short-lived romantic affair
4. a sentimental musical composition
USAGE EXAMPLE 1 :
She narrated their life story in the form of an idyll.
USAGE EXAMPLE 2 :
Her clothes were for ordinary women, but they carried in their abundant floral folds the promise of some bucolic idyll far removed from the urban cool of Biba.
The Telegraph, Laura Ashley florals celebrated in new book, Judy Rumbold, 21 August 2009, accessed 26 August 2009.
impediment
noun ]
MEANING :
1. an obstruction to progress
2. a defect which prevents clear enunciation
USAGE EXAMPLE 1 :
The general made it clear that all impediments to the peace process had to be dealt with.
USAGE EXAMPLE 2 :
Barack is saying that settlements are an impediment and an independent Palestinian state indispensable to peace.
Chronicles Magazine, Breaking Bibi, Patrick J. Buchanan, 5 June 2009
impetuous
adjective ]
MEANING :
1. of or relating to impulsive action
2. acting without giving much thought to
3. with violent motion
USAGE EXAMPLE 1 :
The manager’s impetuous actions resulted in the company suffering a loss.
USAGE EXAMPLE 2 :
The Delaware senator, introduced Saturday as Democratic presidential candidate Barack Obama’s running mate, has a well-earned reputation for impetuous and brutally honest remarks.
CNN, Biden is experienced and, sometimes, too frank, 23 August 2008

Business GK: Part 4

                
 1)In the financial year 2008-09, the amount of FDI in Indian automobile sector is….
                                US $2,314 million
                                US $1,074 million
                                US $558 million
                                US $234 million
  
 2)Name the company which topped the Fortune 500 biggest losers list for the year 2008.
                                General Motors
                                Fannie Mae
                                American International Group
                                Citigroup
   
 3)Eco Drive, a brand of ‘light-powered’ wristwatch, is from the house of…
                                Tag Heuer
                                Longines
                                Omega
                                Citizen
   
 4)To which business group does Madura Garments belong?
                                ITC
                                Bombay Dyeing
                                AV Birla Group
                                Jagajit Cotton & Textile Mills
  
 5)TNT is a logistics giant that hails from….
                                Germany
                                Netherlands
                                Sweden
                                China
  
 6)Blackberry, a popular smart phone, is manufactured by….
                                Nokia
                                Apple Inc
                                Research in Motion
                                LG Electronics
   
 7)Identify the largest Indian construction equipment manufacturing company.
                                Bharat Forge
                                Punj Llyod
                                JCB India
                                Maxmech Group
  
 8)Which book, written by Rashmi Bansal, profiles the story of 25 IIM Ahmedabad graduates?
                                The Elephant, the Tiger and the Cell Phone
                                Stay Hungry Stay Foolish
                                The Five Dollar Smile
                                The Elephant Paradigm
  
 9)India and the Global Financial Crisis: Managing Money and Finance is authored by ….
                                Bimal Jalan
                                YV Reddy
                                Arvind Virmani
                                D Subbarao
  
 10)Who is the brand ambassador of Reliance Mobile?
                                Shah Rukh Khan
                                Amitabh Bachchan
                                Hrithik Roshan
                                Saif Ali Khan
   
 11)Which of the following is NOT a brand of General Motors?
                                Marques
                                Vauxhall
                                Buick
                                Cedia
   
 12)Crisil, a rating agency, is the subsidiary of …               
               Morgan Stanley
                                Ernst & Young
                                Standard & Poor’s
                                McKinsey
  
 13)‘Partners in learning’, ‘Shiksha’ and ‘EduNxt’ are the names of the technology-enabled initiatives of ….
                                Oracle
                                Microsoft
                                IBM
                                TCS
   
 14)‘Quality Revolution’ is the tag line of ….
                                Honda Motors
                                Tata Motors
                                Toyota Motors
                                Hyundai Motors
   
 15)Aamir Khan is the brand ambassador of ….
                                LG
                                Samsung
                                Nokia
                                None of these
   
 16)As per a survey conducted by Business Today and Cirrus study, which of the following Indian businessmen was the topmost business personality in terms of image in 2008-2009?
                                Mukesh Ambani
                                Vijay Mallya
                                Ratan Tata
                                Deepak Parekh
   
 17)Managing Across Borders is a book authored by ….
                                Sumantra Ghoshal and Christopher Bartlett
                                Gita Piramal
                                Nirmalya Kumar
                                CK Prahalad
  
 18)As per a survey conducted by BusinessWorld magazine, which of the following business schools has been ranked as the top b-school in India in 2009?
                                IIM-Calcutta
                                IIM-Ahmedabad
                                IIM-Bangalore
                                IIM-Lucknow
  
 19)Which automobile giant launched Jazz?
                                Hyundai Motors
                                Toyota Motors
                                Tata Motors
                                Honda Motors
   
 20)Aliva is the name of the brand of snacks offered by ….
                                Frito Lays
                                Dabur Ltd
                                Parle Agro Ltd
                                ITC
   
 21)The first Bharti-Wal-Mart retail store in India was been opened in ….
                                Hyderabad
                                Amritsar
                                Chandigarh
                                Bangalore
  
 22)‘More about what affects you’ is the tag line of ….
                                Frontline
                                Economic and Political Weekly
                                The Week
                                The Illustrated Weekly
   
 23)Which largest automaker of the world filed for bankruptcy protection?
                                Fiat Motors
                                General Motors
                                Ford Motors
                                Toyota Motors
  
 24)Outlander is the name of an SUV that belongs to the stable of ….
                                Volkswagen AG
                                Mitsubishi Motors
                                Toyota Motors
                                Fiat Motors
  
 25)Name the world’s most expensive office market as per a survey conducted by CB Richard Ellis.
                                Hong Kong
                                Tokyo
                                Moscow
                                Tokyo
   
 26)‘Empowering people’ is the punchline of ….
                                HP
                                Acer
                                Intel
                                AMD
   
 27)Home Depot is the world’s largest home improvement chain that hails from ….
                                The UK
                                The US
                                France
                                Germany
   
 28)This company is known to have launched world’s first solar powered handset named Solar Guru.Can you name the company from the given options?
                                Sony Ericsson
                                Samsung
                                LG
                                Nokia
   
 29)Who is the chairman of the Over The Counter Exchange of India (OTCEI)?
                                SB Mathur
                                SC Bhargava
                                Madhu Kanan
                                DK Gupta
  
 30)Which of the following is NOT a brand of Marico Industries?
                                Medikar
                                Revive
                                Nihar
                                 Dove
  Answers: 
1.b 2.c 3.d 4.c 5.b 6.c 7.c 8.b 9.b 10.c 11.d 12.c 13.b 14.c 15.b 16.c 17.a 18.b 19.d 20.a 21.b 22.c 23.b 24.b 25.d 26.b 27.b 28.b 29.b 30.d   

Current Affairs : October 2009: 4

  1. According to the Prime Ministers Economic Advisory Council, the GDP will grow by … per cent in the financial year ending March 2010.
    a. 5.0
    b. 5.5
    c. 6.0
    d. 6.5
  2. A Hollywood film based on the relationship between Nehru and Edwina Mountbatten has been dumped, on account of financial constraints. What was it called?
    a. Delhi summer
    b. Indian Summer
    c. Heat and Dust – II
    d. The Saga of 1947
  3. UK’s ‘Esquire magazine’ has labeled this Indian the world’s worst-dressed man.
    a. Salman Khan
    b. Shah Rukh Khan
    c. Akshay Kumar
    d. Amitabh Bachchan
  4. This multifaceted Bollywood personality performed for popular band Parikrama.
    a. Himesh Reshammiah
    b. Prasoon Joshi
    c. Arjun rampal
    d. Farhan Akhtar
  5. This personality received Dada Saheb Phalke Puraskar from the President on October 21. 
    a. Bhupen Hazarika
    b. Manna Dey
    c. Shashi Kapoor
    d. AK Hangal
  6. Ranjan Das, who died recently of heart attack, was CEO of… (Indian Subcontinent). 
    a. SAP
    b. Microsoft
    c. Adidas
    d. LG
  7. This politician’s name will now figure in an Indian lexicon. Name him/her.
    a. Narendra Modi
    b. Mayawati
    c. Lalu Yadav
    d. Lal Krishna Advani
  8. The European Space Agency is conducting a simulation exercise of mission to Mars, for which it is inviting applications from interested candidates in the age group 20 to 50, with height less than 185 cms. What is the duration of the mission?
    a. 365 days
    b. 400 days
    c. 520 days
    d. 1,000 days
  9. Where will the Winter Olympics 2010 be held?
    a. Vancouver
    b. Chicago
    c. Moscow
    d. Oslo
  10. Shah Mehmood Qureshi is in trouble in Pakistan after it emerged that his son is working with US legislator John Kerry, co-author of the controversial legislation pertaining to financial aid to Pakistan. He is Pakistan’s ….
    a. Interior minister
    b. Foreign minister
    c. Finance minister
    d. Defence minister
  11. Which international footballer playing for club Real Madrid is set to take over David Bekham as the world’s richest football player. He is set to become the game’s first billionaire pocketing £ 16,000 a minute. 
    a. Kaka
    b. Raul
    c. Cristiano Ronaldo
    d. Wayne Rooney
  12. Environment Minister Jairam Ramesh, while meeting with his Japanese counterpart Sakihito Ozawa, recently announced that India and Japan have decided to set up a new Indian Institute of technology. Name the proposed location.
    a. Chandigarh
    b. Hyderabad
    c. Kolkata
    d. Chennai
  13. Name the world formula one champion who became Britain’s 10th Formula One world champion recently, following in the footsteps of the likes of Hill, Sir Jackie Stewart and Lewis Hamilton, by finishing fifth in a thrilling Brazilian Grand Prix. 
    a. Rubens Barichello
    b. Fernando Alonso
    c. Kimi Raikkonen
    d. Jenson Button
  14. After the much talked about detention of actor Shah Rukh Khan at a US airpot, which BJP Lok sabha member from Bihar was unable to get a visa to the US to participate in the 64th session of the UN General Assembly? 
    a. Ali Anwar Ansari
    b. Syed Shahnawaz Hussain
    c. Afzal Ansari
    d. Omar Abdullah
  15. A lock of this famous American singer’s hair was recently auctioned for $18,300. Also know as the ‘King of rock ‘n’ roll’ continues to attract the highest bids at auctions of memorabilia three decades after this death. 
    a. Jimi Hendrix
    b. Jim Morrison
    c. Elvis Presley
    d. Billy Joel
  16. In which Pakistan city did twin blasts kill 136 people?
    a. Karachi
    b. Baghdad
    c. Muscat
    d. Cairo
  17. Which famous author has asked the government and the establishment to hold talks with the Maoists “unconditionally”?
    a. Amitav Ghosh
    b. Kiran Desai
    c. Tarun Tejpal
    d. Arundhati Roy
  18. Which corporate hospital came under fire when nine people lost their eyesight following a free eye check-up and subsequent surgery?
    a. Max
    b. Bollineni Eye Hospital and Research Centre
    c. Fortis Healthcare
    d. Sankara Netralaya
  19. Who has become the chief minister of Haryana after recent Assembly elections?
    a. Bhupinder Singh Hooda
    b. Jagannath Pahadia
    c. Prithviraj Chavan
    d. BK Hariprasad
  20. Who is the new chairperson of the Indian Space research Organisation (ISRO)?
    a. MK Narayanan
    b. Yashpal
    c. Dr. K. Radhakrishnan
    d. None of the above
Answers
1. d. 6.5
2. b. Indian Summer
3. c. Akshay Kumar
4. d. Farhan Akhtar
5. b. Manna Dey
6. a. SAP
7. a. Narendra Modi
8. c. 520 days
9. a. Vancouver
10. b. foreign minister
11.c. Cristiano Ronaldo
12. b. Hyderabad
13. d. Jenson Button
14. b. Syed Shahnawaz Hussain
15. c. Elvis Presley
16. b. Baghdad
17. d. Arundhati Roy
18. b. Bollineni Eye Hospital and Research Centre
19. a. Bhupinder Singh Hooda
20. c. Dr. K. Radhakrishnan

General Knowledge: Static GK: Suppliment 2

1)The nearest atmospheric layer to the earth is ….
                                Stratosphere
                                Troposphere
                                Mesosphere
                                Ionosphere
2)Which of the following is the highest mountain peak of North America?
                                Mt Elbrus
                                McKinley
                                Aconcagua
                                Vinson Massif
3)What percentage of the water available on earth is fresh in nature?
                                3%
                                5%
                                7%
                                9%
4)Which of the following planets is named  after the Roman God of ruler of all men and gods ?
                                 Saturn
                                Jupiter
                                Mercury
                                Mars
5)Malaria is a disease caused by ….
                                virus
                                protozoa
                                bacteria
                                fungi
6)Who heads the National Development Council ?
                                President
                                Deputy chairman of the Planning Commission
                                Speaker of the Lok Sabha
                                Prime Minister
7)This famous freedom fighter of India is known  as  the prophet of cultural Renaissance in Western India. Identify him from the given options.
                                Gopal Krishna Gokhale
                                Bal Gangadhar Tilak
                                Mahadev Gobind Ranade
                                Jyotiba Phule
8)Bengal Gazette was the first newspaper published in India. The credit for its publication goes to….
                                William Bolts
                                James Augustus
                                Hickey William Jones
                                Charles Wilkins
9)She was the world’s first female prime minister. Can you  name her from the given options?
                                India Gandhi
                                Margaret Thatcher
                                Golda Meir
                                Sirimavo Bandaranaike
10)Dalkhai is a folk dance that belongs to the state of ….
                                Chhattisgarh
                                Jharkhand
                                Orissa
                                Madhya Pradesh
11)Who was the governor general of India during the 1857 revolt?
                                Sir John Shore
                                Lord Canning
                                Lord Cornwallis
                                Warren Hastings
 12)Which of the following Indian states you would associate with the ‘Kuka Movement’?
                                Gujarat
                                Rajasthan
                                Punjab
                                Orissa
13)Who was not one of the members of the high powered Cabinet Mission plan that was sent to India in 1946?
                                Stafford Cripps
                                AV Alexander
                                Pethick Lawrence
                                George Barlow
14)This article envisages the provision of the constitution of the Finance Commission of India. Identify the article from the given options.
                                Article 261
                                Article 274
                                Article 280
                                Article 322
15)Agranulocytosis and Thrombocytopenia are the names  of the diseases that you would associate with            
        Brain
                                Heart
                                Nervous System
                                Blood
16)Why is sodium kept in Kerosene?
                                It remains free from dust
                                It starts burning in air
                                It starts melting in air
                                None of these
 17)Which of the following is NOT one of the basic SI units?
                                Candela
                                Mole
                                Kelvin
                                Gram
 18)Identify the one, which is NOT one of the Three Gems of Jainism.
                                Right Thought
                                Right Faith
                                 Right Knowledge
                                Right Conduct
19)This personality is considered  the great law-giver of ancient India. Can you identify him from the given options?
                                Panini
                                Patanjali
                                Manu
                                Bhavabhuti
20)The duration of the tenure of the Rajya Sabha members is …
                                four years
                                five years
                                six years
                                Not fixed
   
 21) World Tourism Day is celebrated throughout the world on  … every year.
                                 August 21
                                September 16
                                September 27
                                October 3
22)Which of the following represents the number of members that can be nominated by the President to the Lok Sabha?
                                12
                                8
                                6
                                2
23)According to the latest census, which of the following Indian states has the highest birth rate?
                                Bihar
                                Uttar Pradesh
                                Rajasthan
                                Madhya Pradesh
24)Which of the following represents the degrees of longitude rotated by the earth per hour?
                                10
                                15
                                20
                                25
25)In which layer is Ozone found?
                                Troposphere
                                Stratosphere
                                Ionosphere
                                Exosphere
26)Which of the following canals links the North Sea with the Baltic Sea ?
                                Panama Canal
                                Kiel Canal
                                Suez Canal
                                Welland
27)Bogota is the capital of …
                                Chile
                                Equador
                                Colombia
                                Bolivia
28)This country is also known by the sobriquet ‘Dairy of Northern Europe’. Identify the name of the country from the given options.
                                 Belgium
                                Denmark
                                Canada
                                Poland
29)Who wrote Paradise Lost?
                                James Jeans
                                John Milton
                                Pearl S Buck
                                Jane Austen
30)Fa-hien visited India during the reign of…
                                Ashoka
                                Harsha
                                Chandragupta Vikramaditya
                                Samudragupta
  
Answers:
1.b 2.b 3.a 4.b 5.d 6.d 7.c 8.b 9.d 10.c 11.b 12.c 13.d 14.c 15.d 16.b 17.d 18.b 19.c 20.c 21.c 22.d 23.b 24.b 25.b 26.b 27.c 28.b 29.b 30.c    

Current Affairs :Quiz 1

1)      1)The national of which country won the Miss Universe 2009 contest?
                Dominican Republic
                                Puerto Rico
                                Venezuela
                                Australia
2)The first death in the state of Gujarat due to swine flu was in the form of NRI Pravin Patel. Which place did he return from?
                                California, US
                                Atlanta, US
                                Dublin, Ireland
                                London, UK
3)Union health minister Ghulam Nabi Azad apologised to the mother of Reeda Shaikh, 14, who died of swine flu in Pune for ….
                                saying that the girl would have infected many others while changing hospitals
                                having failed to provide proper healthcare against swine flu
                                negligence on part of the doctors
                                being unable to stop foreigners from coming to India
 4)Which city of India will host the World Tiger Summit in 2010?
                                Bhopal
                                Ranthambore
                                Thiruvananthapuram
                                Gowhati
5)With which country will India hold 2010 as the Year of Friendship under which many confidence building measures will be initiated?
                                Russia
                                UK
                                China
                                France
 6)The newly appointed chief of the LTTE was captured by the Sri Lankan army. Name him.
                                Velupillai Prabakaran
                                Keheliya Rambukwella
                                Selvarasa Pathmanathan
                                None of the above
7)Who has become the first Hispanic Supreme Court justice of the US?
                                Song Min-soon
                                Yu
                                Sonia Sotomayor
                                Dai Bingguo
8)In which country did India win a hockey test series?
                                Austria
                                The Netherlands
                                Poland
                                Belgium
9)The Indian Parliament has adopted the ‘Right of Children to free and compulsory Education Bill, 2009’. It envisages free and compulsory ducation to children in the … age group.
                                6-12
                                10-16
                                6-14
                                6-18
10)A corruption case has been filed by the Himachal Pradesh Vigilance Bureau against the union steel minister ….
                                Ram Vilas Paswan
                                Virbhadra Singh
                                Kapil Sibal
                                Shivraj Patil
11)The labour department will carry out a survey of children of migrant labourers who come to Chennai, Tiruvallur and Kancheepuram and make necessary arrangements for them. Name the Tamil Nadu labour minister.
                                TM Anbarasan
                                Rajendra Shingne
                                Parithi Ellamvazhuthi
                                None of the above
12)Sports minister … has fully supported the World Anti-Doping Agency Code.
                                N Srinivasan
                                MS Gill
                                Sandipan Chakravorty
                                Mani Shanker Aiyer
13)Name the Iranian President who was chosen for the second time in the recent elections, in 2009.
                                Ayatollah Ali Khamenei
                                Mir Hossein Mousavi
                                Mahdi Karroubi
                                Mahmoud Ahmadinejad
14)Renowned social activist Deep Joshi, who is known for his work for the development of rural communities, was recently chosen for which award?
                                Nobel Prize
                                Pulitzer Prize
                                Ramon Magsaysay Award
                                Bharat Ratna
15)With which IIT has an interactive science learning programme been developed for elementary school teachers and students?
                                IIT-Madras
                                IIT-Kanpur
                                IIT-Delhi
                                IIT-Bombay
 16)A law commission appointed by the government of India has stated that the Supreme Court should work more, holiday less. How many working days does the Supreme Court have?
                                180
                                190
                                200
                                210
17)This state government’s decision to create a separate Shiromani Gurdwara Prabandhak Committee (SGPC) has led to strong objection from various political quarters.
                                Uttar Pradesh
                                Himachal Pradesh
                                Haryana
                                Rajasthan
18)A CBI Court has granted bail to Sarobjit Singh, who is son of ….
                                Prakash Singh Badal
                                Arminder Singh
                                Beant Singh
                                Buta Singh
 19)The CAG of India has raised questions about a Rs 48 crore airstrip in Saifai Village which was a dream project of ….
                                Mayawati
                                Mulayam Singh Yadav
                                Nitish Kumar
                                Rabri Devi
20)This statesman’s North Korea visit has brought him into limelight once again.
                                Tony Blair
                                Michael Gorbachev
                                Bill Clinton
                                George W Bush
  
Mail your answers to gkspecialist@gmail.com by 27th Oct’09 and win a free ebook

Competitive Exam Special: Question of the Day: 24th Oct

Answer the question based on the information given in the passage.

Orwell’s political views shifted over time, but he was a man of the political left throughout his life as a writer. In his earlier days he occasionally described himself as a “Tory anarchist”. His time in Burma made him a staunch opponent of imperialism, and his experience of poverty while researching Down and Out in Paris and London and The Road to Wigan Pier turned him into a socialist. “Every line of serious work that I have written since 1936 has been written, directly or indirectly, against totalitarianism and for democratic socialism, as I understand it,” he wrote in 1946. 
Orwell is most likely to:

OPTIONS
 
  1) Support the formation of powerful labor unions.
  2) Oppose the two party parliamentary system.
  3) Oppose corruption in the public distribution system.
  4) Support fair elections and equitable distribution of resources.
  5) Support non-profit organizations working to abolish royal privileges.
  Solution
The paragraph talks about Orwell’s views on the existing political environment and his views on the ideal political environment. It is obvious that he would support the option that would lead to this ideal political environment.
Options 2 and 3 talk more about opposition to existing systems rather than looking ahead at a change.
Options 1 and 5 summarize the paragraph only partially. They mention only certain aspects of democracy and socialism. Hence, they can be eliminated.
Option 4 talks about democratic socialism by highlighting events such as fair elections and equitable distribution of resources-the best available option.
Hence, the correct answer is option 4.

Words of the day: 24th Oct’09

zenith [ ZEN-ith; ZEE-nith ]
noun ]
MEANING :
1. the point on the celestial sphere that is directly above the observer
2. the point of culmination; the peak
USAGE EXAMPLE 1 :
While he boasted of having reached the zenith of his career someone remarked that now the poor guy had nowhere to go but down.
USAGE EXAMPLE 2 :
Unsurprisingly, anti-nuclear protests reached their zenith during the decade.
CNN, Fueling the future, Matthew Knight, 25 April 2008.
gullible
adjective ]
MEANING :
credulous, easily cheated, tricked or duped
USAGE EXAMPLE 1 :
He promised his parents that he would protect his gullible sister from harm.
USAGE EXAMPLE 2 :
Some consumer watchdog groups say it’s too simplistic to say that people are gullible.
CNN, How I got taken by a work-at-home scam, John Blake, 7 January 2009
gush
noun, intransitive verb, transitive verb ]
MEANING :
1. (tr.v.)to flow with force
2. (intr.v.) to convey with exaggerated feeling
3. (n.) a sudden abundant outflow
USAGE EXAMPLE 1 :
The water gushed over the temporary dam made of sacks of sand and logs.
USAGE EXAMPLE 2 :
Tenants attack a housing association’s response after recent flash floods gush through their homes.
BBC, Residents unhappy at flood relief, 20 August 2004
harrow
noun, transitive verb ]
MEANING :
1. (n.) a tool used in farming to loosen and level soil
2. (tr.v.) to turn over the soil using a harrow
3. (tr.v.)to cause torment to
USAGE EXAMPLE 1 :
A harrow is an important tool during the harvesting season.
USAGE EXAMPLE 2 :
The harrow, the comb of my field, must be fitted with large teeth to harrow the holy field.
University of Oxford, The song of the ploughing oxen: translation, 30 November 2006
heed
noun, intransitive verb, transitive verb ]
MEANING :
1. (tr.v.) to attentively listen
2. (intr.v.) to pay attention
3. (n.) keen attention
USAGE EXAMPLE 1 :
She heeded to the warning given by her parents about not speaking with strangers.
USAGE EXAMPLE 2 :
The public should pay attention to what is happening nearby and heed the guidance of local health officials regarding school, work and public events.
CNN, Regular flu season precautions advised in current outbreak, Andrea Kane, 26 April2009

General Knowledge: Static GK: Suppliment 1

                
1)      Which of the following is NOT an example of metamorphic rock?
                                Gneiss
                                Marble
                                Quartzite
                                Limestone
2)      Which of the following is NOT a planet of the inner circle or the terrestrial planets?
                                Mercury
                                Venus
                                Mars
                                Saturn
3) This planet is closest to earth. Identify it from the given options.
                                Mars
                                Mercury
                                Venus
                                Jupiter
4) This is the longest day in the southern hemisphere. Identify it from the given options.
                                June 21
                                June 22
                                December 21
                                December 22
5) Cuqenam, Tugela and Grey Kamarang are the names of …
                                shipping canals
                                straits
                                mountains
                                waterfalls
6) This is the smallest Republican country of the world.
                                Tuvalu
                                State of Vatican
                                Nauru
                                East Timor
7) Kaffris is the martial race of …
                                Australia
                                Mongolia
                                South Africa
                                 Hungary
8) The famous battle of Waterloo that resulted in the defeat and exile of Napoleon took place in …
                                1805
                                1810
                                1815
                                1820
 9) This day is celebrated as the International  Women’s Day.
                                September 8
                                July 8
                                May 8
                                March 8
10) Where would you find the headquarters of South East Asia Treaty Organization (SEATO)?
                                New Delhi
                                Jakarta
                                Bangkok
                                Kuala Lumpur
11) Where would you find Rajaji National Park in India?
                                Uttar Pradesh
                                Uttarakhand
                                Rajasthan
                                Kerala
12) Can you identify the disease that is caused by bacteria?
                                 Yellow fever
                                Small pox
                                Measles
                                Pneumonia
13) Who authored Natya Shastra?
                                 Kalhana
                                Kalidasa
                                Bharat Muni
                                Kapila Muni
 14) When was the Khilafat movement launched?
                                1916
                                1918
                                1920
                                1922
15) The second battle of Panipat was fought between …
                                Ibrahim Lodhi and Babur
                                Akbar and Hemu
                                Ahmed Shah Abdali and Marathas
                                Sher Shah and Humayun
16) This day is celebrated as the World Food Day.
                                October 12
                                October 14
                                October 16
                                October 18
17) Which of the following personalities was the founder of the Dharma Sabha ?
                                Rammohan Roy
                                Radhakanta Dev
                                Durga Das
                                Atmaram Pandurang
18) National Anthem and National Song were adopted by the Constituent Assembly on …
                                January 21, 1950
                                January 22, 1950
                                January 23, 1950
                                January 24, 1950
19) How many members come from the states and union territories in the Rajya Sabha?
                                234
                                238
                                242
                                246
20) Kathakali is a dance form that belongs to the state of …
                                Andhra Pradesh
                                Tamil Nadu
                                Kerala
                                Karnataka
21) Which of the following is the oldest mountain range in India?
                                Satpura
                                Nilgiri
                                Vindhyas
                                Aravallis
22) Which of the following was the capital of the Mauryan empire?
                                Rajgriha
                                Patliputra
                                Vaishali
                                None of these
23) Emergency was proclaimed in India for the first time, after independence, in the year …
                                1962
                                1965
                                1971
                                1975
24) Whom would you would associate with the Ahmadiya movement ?
                                Sir Syed Ahmed Khan
                                Mirza Ghulam Ahmad
                                Abul Kalam Azad
                                 None of these
25) This day is celebrated as the Commonwealth Day. Identify it from the given options.
                                January 24
                                March 24
                                May 24
                                August 24
   
 26) The Count Of Monte Cristo is a famous novel by….
                                Ernest Hemingway
                                 Alexander Dumas
                                Charles Dickens
                                William Thackeray
 27) Which of the following is the second most populous state in India after Uttar Pradesh?
                                Bihar
                                West Bengal
                                Maharashtra
                                Tamil Nadu
28) Nikhil Bannerjee and Vilayat Khan are the famous names associated with…
                                Tabla
                                Sarangi
                                Sitar
                                Veena
29) Which of the following states  leads in deposits of Graphite in India?
                                Tamil Nadu
                                Andhra Pradesh
                                Orissa
                                Maharashtra
 30) Which of the following states does not touch the boundaries of Chhattisgarh?
                                Bihar
                                Orissa
                                Andhra Pradesh
                                Jharkhand
   

Essential Economic Terms

Economic Terms

Understanding of the following economic terms may be of benefit, from interview point of view.
  • Ad valorem: Value added. An example of an ad valorem tax would be VAT.
  • Advances: Loans given by financial institutions.
  • Appreciation: An increase in the value of an asset.
  • Arbitrage: Movements of funds to take advantage of differences in exchange or interest rates, and this quickly eliminates any such differences.
  • Average cost pricing: Setting price equal to average cost.
  • Average propensity to consume: The proportion of disposable income spent:
    APC = C/Y
  • Amortization: Writing down the value of an asset in a company’s books to reflect its loss of value through age and use. Called depreciation in the UK. Amortization is also an accounting term to pay off a loan in gradual increments.
  • Barter: The direct exchange of goods and services without the use of money
  • Birth rate: The number of live births per thousand of the population in a year
  • Black economy: Unrecorded production.
  • Backward integration: Occurs when a company joins with a firm that is involved at an earlier stage of the production chain.
  • Balance of payments: Statement of a country’s net financial transactions with other countries. Current account measures balance of imports and exports and payments and receipts for services such as shipping, banking and tourism. Capital account measures movements of capital (bank deposits, securities, shares, property).
  • Balance of trade: The difference between the value of visible exports and visible imports
  • Black markets: Created when buyers and sellers meet to negotiate the exchange of a prohibited or illegal good. More generally any unofficial market in which prices are inordinately high.
  • Bull market: Period of rising share prices; an optimistic state of affairs; the opposite of a bear market.
  • Buyer’s market: The quantity of goods for sale exceeds the amount consumers are willing and able to buy at the current market price; characterised by low prices
  • Bonds: Certificate of debt issued to raise funds. It normally has a fixed rate of interest and is repayable at a fixed date. See also convertible bonds, mortgage-backed securities.
  • Break-even: When a firm’s short-run total revenue equals its short-run total cost
  • Bretton Woods system: An arrangement of fixed exchange rates which operated between 1945 and 1971.
  • Capital gains: The difference between the sale and purchase price of an asset.
  • Ceteris paribus: All other influencing factors are held constant.
  • Call option: The right but not the obligation to buy a security at a specified price at a specified date in the future.
  • Call rates: The interest rate on money loaned overnight. Also known as the overnight rate. Widely used measure of money market rates.
  • Consumer surplus: This occurs when people are able to buy a good for less than they would be willing to pay. They enjoy more utility than they had to pay for.
  • Closed economy: An economy which does not engage in international trade.
  • Collusion: Agreements between firms to restrict competition.
  • Complementary goods: Two goods consumed at the same time, e.g. cars and petrol
  • Corporation tax: A tax on a firms’ profits.
  • Consumer’s price index: Measure of the change in the cost of consumer goods and services. It is used as an indicator of a nation’s inflation rate.
  • Cost benefit analysis: A method of assessing investment projects which takes into account social costs and benefits.
  • Cost of living: The general level of prices in the economy, usually measured by the retail price index.
  • Cost plus pricing: Setting prices by adding a profit margin to average cost.
  • Cost push inflation: When a cost of production (e.g. wages) increases and firms put up prices to maintain profits.
  • Credit creation: The ability of the banking sector to create money by giving advances.
  • Crowding out: A decline in private sector spending resulting from a rise in public sector expenditure.
  • Current account: Usually taken to mean the current account of the balance of payments.
  • Current account balance: A record of a country’s earnings from the sale of visible and invisible items minus its expenditure on visible and invisible items from abroad.
  • Current account deficit: When a country spends more on visible and invisible items from abroad than it earns from the sale of visible and invisible items.
  • Death rate: The number of deaths per thousand of the population in a year.
  • Debentures: Long-term fixed interest loans to companies.
  • Demand pull inflation: Occurs when aggregate demand exceeds aggregate supply.
  • Depreciation of sterling: When market forces lower the value of the sterling (£) from one fixed rate to another.
  • De-merging: One company splits up to form two new firms. These new firms are frequently companies which used to be separate prior to the initial merger.
  • Demand curve: A graph which shows the amount of a good consumers are willing and able to buy at various prices.
  • Demand-pull inflation: This occurs when the excess of aggregate demand over aggregate supply causes an increase in the general level of prices.
  • Deregulation: The removal of controls on a particular market, e.g. abandonment of a licensing system for taxis.
  • Devaluation of sterling: Occurs when the UK Government lowers the value of the sterling (£) from one fixed rate to another.
  • Developed countries: Countries with high levels of real national income per head and relatively large tertiary sectors.
  • Developing countries: Countries with low levels of real national income per head and relatively large primary sectors.
  • Direct taxation: Taxes on income and wealth.
  • Discounting: Future costs and benefits are difficult to measure. The present value (P) of future benefits less costs is found by discounting.
  • Disequilibrium: A state of imbalance in which there is tendency for change.
  • Double counting: Including transfer payments, intermediate expenditures or outputs and stock appreciation in national accounts.
  • Dumping: The sale of goods in a foreign country at a price below what cost in the home market.
  • Engel curve: A curve showing the relationship between income and consumption.
  • Economies of scale: A reduction in long-run unit costs which arise form an increase in production.
  • Elasticity of demand: The responsiveness of demand to a given change in price or income.
  • Elasticity of supply: The responsiveness of supply to a given change in price.
  • Earnings per share: Net income of a company; net of preferred dividends divided by a weighted average of total shares outstanding for the period. One of the most widely watched indicators of the profitability of a company.
  • Exchange rate: The price of one currency in terms of another currency. More generally, the price at which any good is being traded for another good.
  • Exchange rate mechanism (ERM): A system operated by some members of the European Union where the Central Banks of members intervene to stabilise the exchange rate of currencies within agreed limits.
  • Factor cost: The value of output measured in terms of the cost of the factors of production used to produce it.
  • Factor incomes: Rewards to the factors of production, e.g. labour receives wages.
  • Fisher`s quantity theory of money: The view that changes in the money supply have a direct and proportionate effect on the price level.
  • Forward market: A market in forward contracts of a commodity or currency, which are agreements to buy or sell the commodity or currency at a future date. The contracts are not negotiable.
  • Free goods: A good in unlimited supply at zero price, e.g. air
  • Free trade area: A group of countries which removes tariff barriers between member countries but allows each member to decide on its own tariff policy towards non-members
  • GDP: The total value of all goods and services produced domestically each year by a country. It equals gross national product minus income from abroad. Most countries use this definition; US official statistics use gross national product.
  • GNP: The total value of goods and services produced each year by a country. Real growth in GNP measures the increase in output after subtracting the effect of inflation.
  • Giffen good: An increase in income results in a fall in demand for the good.
  • Gross domestic fixed capital formation: Total spending on fixed investment, e.g. machines, factories, offices.
  • Horizontal integration: Two companies merge in the same industry and at the same stage of production.
  • Human development index: An index devised by the UN to assess comparative levels of development in countries. Its three main matrices are literacy, life expectancy, and purchasing power parity (PPP)-adjusted income.
  • Income tax: Tax levied by the government on wages, rent, interest and dividends
  • Indifference curves: Curves which show the different combinations of two goods which give equal satisfaction.
  • Index: A benchmark against which financial or economic performance is measured, such as the FTSE 100 or a consumer price index. Created by statistical sampling of broad set of data. To reflect the importance of the biggest companies, stock market indices tended to be weighted either by price, e.g. the Dow Jones Industrial Average or market capitalisation, e.g. the S&P500 and most European stock indices.
  • Index funds: Mutual fund that aims to track the performance of a specific stock market index. Such funds are passively managed and thus tend to have lower charges than actively managed funds.
  • Indirect taxation: A surcharge on price imposed on the sale of goods and services by the government.
  • International Monetary Fund (IMF): An organisation established to encourage international cooperation in the monetary field, the stabilisation of exchange rates and the removal of foreign exchange restrictions.
  • International Bank for Reconstruction and Development: More commonly known as the World Bank. It gives long-term loans to member countries for high priority infrastructure, agricultural, industrial and educational projects.
  • IS-LM: A model of income determination that integrates the goods market (represented by investment and saving) and the money market (demand and supply of money)
  • J effect: The tendency for a fall in the value of the currency to worsen the balance of trade before it improves the position.
  • Keynes: UK economist who urged state intervention to achieve full employment.
  • Liabilities: Money owed.
  • Limited companies: Companies which have limited liability.
  • Liquidity ratio: The proportion of a commercial bank’s assets which can be converted into cash quickly.
  • Liquidity trap: When the rate of interest is so low (and the price of bonds is so high) that everyone anticipates a future fall in the price of bonds.
  • Long-run: Period of time when all factor inputs, including capital, can be changed.
  • Lorenz curve: A curve showing the proportion of income earned by a cumulative percentage of the population.
  • Macroeconomic policies: Policies designed to influence the level of employment, the price level, economic growth and the balance of payments.
  • Marginal cost curve: A curve showing the addition to total cost resulting from producing one more unit.
  • Most favoured nation (MFN): US trade policy that gives to a trading partner the same customs and tariff treatment as the most favoured nation.
  • Multi Fibre Agreement (MFA): Provision of GATT governing international trade in textiles that lets a country apply numerical restrictions on textile imports when it considers them necessary to prevent market disruption. MFA provides a framework for regulating international trade in textiles and apparel. It covers wool, man-made (synthetic) fibers, silk blends and other vegetable fiber textiles and apparel.
  • Marginal propensity to consume: The proportion of each extra pound of disposable income spent by households.
  • Marginal propensity to save: The proportion of each extra pound of disposable income not spent by households.
  • Monopolistic competition: An industry made up of a large number of small firms who produce goods which are only slightly different from that of all other sellers.
  • Monopsony: A market where there is only a single buyer.
  • Marginal revenue: The income received from the sale of one extra unit.
  • Microeconomics: The behaviour of an individual consumer, firm and industry.
  • Monetarists: A group of economists who believe that changes in the money supply have a significant impact on the economy.
  • Money illusion: May occur where people confuse changes in nominal balances with changes in real balances.
  • Mutual Fund: US name for an open-ended managed fund not quoted on a stock exchange, equivalent to a unit trust in the UK. Mutual funds are a popular way for individuals to spread the risk of investing in bonds and equities and are much used for retirement savings.
  • NASDAQ: Started in the US, 1971, as an automated over-the-counter securities quotes system — the acronym stands for National Association of Securities Dealers’ Automated Quotation. Nasdaq evolved into the world’s first electronic stock market.
  • Neo-classical theory: The view that markets operate efficiently and that the way to increase output and employment is to raise aggregate supply.
  • Net asset value (NAV): The market value of a fund share, usually calculated daily after the close of trading.
  • North American FreeTrade Agreement (NAFTA): Free trade agreement involving Canada, the US and Mexico entered into in January 1994. It progressively eliminates almost all bilateral trade barriers between the three countries.
  • Offer curve of labour: The number of hours of labour is prepared to work at different levels of income.
  • Oligopolies: Markets dominated by a few sellers who account for a large proportion of output.
  • Open market operations: Where the Bank of England sells short-term government securities and bills, thereby reducing retail banks’ liquid assets and raising interest rates.
  • OECD: The Organisation for Economic Cooperation and Development. 
  • Opportunity cost: The decision to produce or consume a product involves giving up another product; the real cost of an action is the next best alternative forgone.
  • OTC (over the counter): Trading in shares away from organised exchanges; it is usually carried out over the telephone or via a computer network.
  • Pareto criteria: A reallocation of resources is desirable only if someone gains and no one loses.
  • Perfect competition: An industry made up of a large number of small firms, each selling homogeneous (identical) products to a large number of buyers.
  • Phillips curve: Shows the relationship between the rate of unemployment and the rate of inflation.
  • Price discrimination: When the same product is sold in different markets for different prices.
  • Price elasticity of demand: Measures the responsiveness of demand to a given change in price.
  • Price elasticity of supply: Measures the responsiveness of supply to a given change in price.
  • Primary sector: That part of the economy concerned with agriculture and the extraction of raw materials.
  • Primary markets: The placing of new stocks, shares, bonds, etc. Existing securities are traded in the secondary market.
  • Producer surpluses: The difference between the minimum price a producer would accept to supply a given quantity of a good and the price actually received.
  • Progressive income tax: A tax which takes a higher percentage of the income of the rich than the poor.
  • Purchasing power parity theory: Suggests that the prices of goods in countries will tend to equate under floating exchange rates so that people would be able to purchase the same quantity of goods in any country for a given sum of money.
  • Quantity theory of money: The view that changes in the money supply have a direct and proportionate effect on the price level.
  • Repo rate: The interest rate at which a central bank will lend against the security of its government’s paper.
  • SDRs (special drawing rights): A form of international money created by the IMF which is acceptable in settlement of debts among the countries.
  • Secondary sector: That part of the economy concerned with the manufacture of goods.
  • Shadow prices: Estimated prices in situations where market prices do not exist.
  • Shares: Securities issued by companies as a way of raising long-term capital. Holders are owners of the company.
  • Spot market: That part of the foreign exchange market concerned with the buying and selling of currencies for immediate use.
  • Subsidies: Payments to producers or consumers designed to encourage an increase in output.
  • Subsistence: The minimum income needed to survive.
  • Supply side economics: The branch of economies concerned with the productive potential of the economy and how to increase it.
  • Tertiary sector: That part of the economy concerned with the provision of services.
  • Trade-off: What has to be sacrificed in order to obtain a good, it is equivalent to opportunity cost.
  • Transfer pricing: Setting internal prices to charge other branches of the same company.
  • VAT: Value Added Tax.
  • Zero based budgeting: Setting a budget in which all spending must be justified each year, not just amounts in excess of the previous year.

Business GK: Part 3

1)This country has the world’s largest foreign exchange reserves. Can you name the country in question from the given options?
                                The US
                                China
                                Japan
                                Germany
2)This company’s internet services brand is named as Ovi and this company also has its gaming service in India, ‘N-Gage’. Can you identify the name of the company in question from the given options?
                                Siemens
                                Sony
                                LG
                                Nokia
3)Micra is the name of the car model that this car manufacturer intends to roll out in India in 2010. Can you identify the name of the automobile major from the given options?
                                Toyota Motors
                                Honda Motors
                                Hyundai Motors
                                Nissan Motors
4)Mom & Me is the name of the specialty retail chain of ….
                                Tata Group
                                AV Birla Group
                                Mahindra Group
                                Essar Group
 5)Grappo Fizz is the name of the new grape drink that has been launched by….
                                Coca-Cola
                                PepsiCo Inc
                                Parle Agro
                                none of these
 6)‘Always with the news’ is the punchline that you would associate with this channel. Can you identify the name of the news channel in question from the given options?
                                CNN-IBN
                                Times Now
                                NDTV 24X7
                                CNBC Profit
7)Makers Chambers is the office of this famous company of India. Can you identify the name of the company in question from the given options?
                                Tata
                                AV Birla Group
                                Reliance Industries Ltd
                                Essar Ltd
8)This company has selected Infosys, TCS, Wipro and IBM for its application development and application maintenance contracts. Which company are we talking about?
                                Shell
                                British Petroleum
                                BMW
                                Daimler Benz
9)‘A picture of health’ is the punchline that you would associate with ….
                                Wockhardt Ltd
                                Dr Reddy’s Laboratories
                                Biocon International
                                none of these
10)Find the odd one out.
                                Accent
                                I20
                                Tucson
                                Accord
11)Hindustan Motors is a flagship company of ….
                                AV Birla Group
                                CK Birla Group
                                BK Birla Group
                                None of these
12)Where would you find the headquarters of Asian Development Bank (ADB)?
                                Singapore
                                Hong Kong
                                Manila
                                Bangkok
13)’The world’s local bank’ is the tag line of…
                                BNP Paribas
                                HSBC
                                Citibank
                                Bank of America
14)KG D6, the natural gas reserve operated by Reliance Industries, is located in the ….
                                Arabian Sea
                                Gulf of Mannar
                                Bay of Bengal
                                Gulf of Cambay
15)The beer brands Foster’s, Haywards 5000 and Castle are owned by….
                                Diaggio
                                SABMiller
                                United Breweries
                                Radico Khaitan
16)The lubricant brand ‘Mak’ is owned by….
                                Indian Oil Corporation
                                Hindustan Petroleum
                                Bharat Petroleum
                                Oil and Natural Gas Commission
17)’Xylo’ is the name of the SUV model that belongs to….
                                Tata Motors
                                Mahindra & Mahindra
                                Honda Motors
                                Toyota
18)Name the official travel partner of FIFA 2010 World Cup.
                                Cathay Pacific
                                South African Airways
                                Air France
                                Emirates Airline
19)The newly appointed president of Confederation of Indian Industries (CII) is .…
                                KV Kamath
                                Venu Srinivasan
                                Ashok Soota
                                Kiran Karnik
20) Which of the following personalities is the inventor of email?
                                Jeff Bezos
                                Ray Tomlinson
                                Ray Ozzie
                                Paul Allen
21)Takanobu Ito has been appointed as the new president and CEO of …
                                Hyundai Motors
                                Honda Motors
                                Toyota Motors
                                Suzuki Motors
22)The Financial Times and Goldman Sachs Business Book of the Year prize 2008 was awarded to the book titled When Markets Collide. Identify the author of this book.
                                Mohamed El-Erian
                                James Kynge
                                Thomas Friedman
                                William D Cohan
23)In April 2009, Oracle Corporation announced that it is going to acquire a US $14 bn software giant. Name it.
                                Apple
                                IBM
                                Sun Microsystems
                                Adobe
24)A Better India, A Better World is a book authored by…
                                Nandan Nilekani
                                APJ Abdul Kalam
                                NR Narayana Murthy
                                Gurucharan Das
25)President Barack Obama appointed him as the first chief technology officer of the US. Can you name him from the given options?
                                Aneesh Chopra
                                Vikram Pandit
                                Sabir Bhatia
                                Vinod Rekhi
26)Which of the following is NOT a kharif crop?              
               Maize
                                Cotton
                                Sugarcane
                                Barley
27)Which Indian company received the Asian Business Award 2008 for Corporate Responsibility?
                                Bharti
                                Tata Steel
                                Hindalco
                                Infosys
28)Reserve Bank of India urges all scheduled banks to follow ‘KYC’ norms to curb the misuse of funds. What does ‘KYC’ stands for?
                                Key Yearly Corpus
                                Keep Your Consumer
                                Key Yearly Credit
                                Know Your Customer
29)Nandan Nilekani has authored a pioneering book on Indian socio-economic issues, titled….
                                Imagining India
                                India Unbound
                                The Argumentative Indian
                                Awakening of India
30)Which of the following companies has sold the second highest number of mobile handsets worldwide, after Nokia?
                                LG
                                Samsung
                                Motorola
                                 Sony Ericsson
Solutions:  
1.b 2.d 3.d 4.c 5.c 6.b 7.c 8.b 9.a 10.d 11.b 12.c 13.b 14.c 15.b 16.c 17.b 18. 19.b 20.b 21.b 22.a 23.c 24.c 25.a 26.d 27.c 28.d 29.a 30.b