ECONOMY IN NEWS (YEARLY)

Centre Government has allowed Navratna & Mini Navaratna Companies to invest, upto how
much percent of their surplus funds in equity mutual funds

30 percent

Which Public Sector Bank has posted maximum net profit during 2006-07

S.B.I.(STATE BANK OF INDIA)

What is the budget estimate for Net Direct Tax collection for the fiscal 2007-08

Rs. 264700 crore

Gross fiscal Deficit of the Central Government stood at how many crore during first
quarter (April-June) of 2007-08

Rs. 112404 Crore

Which is top BPO company in India in terms of revenue in 2006-07

Convergys India

Which company has emerged as the largest tax payer of the country during 2006-07

Tata Group.

Who has been appointed as the chairman of the committee set up by Planning Commission to
map out a comprehension agenda for reforms of the financial sector

Raghunam G. Rajan

According to the PHDCCI, by which year internal trade of the country is expected to cross
$ 1100 billion mark

2010

Which will provide loans in rural and remote areas of the country through post offices

SBI (STATE BANK OF INDIA).

What percentage of Maharashtra’s population live in slums of Greater Mumbai

6 percent.

As per economic Survey 2006-07 Gross Domestic Capital formation (as a percentage of GDP)
for 2005-06 stands at

33.8 percent.

Railway Budget 2007-08 has estimated overall surplus for the year 2007-08 at

Rs. 11449.45 Crore

The largest expenditure head in 2007-08 budget is

Interest payment

At present the share of Indian Foreign Trade in World Trade is

Between 0.5 percent to 1.0 percent.

As per budget estimates for 2007-08 the tax-GDP ratio is

11.8%

In 2007-08 budget proposals maximum revenue collection is proposed from

Excise Duty.

The objective of ‘Sangam Yojana’ is To ensure welfare of handicapped.

In 2007-08 budget proposals the share of Central Plan in public expenditure is

20 percent.

Economic Advisory Council (EAC) has projected agriculture growth rate for the year

2007-08 at-2.5 Percent.

‘NABFINS’ will become a subsidiary company of

NABARD

As per the estimate released by Crop Estimate Committee, the projected growth rate of
pulse production for Kharif 2007 is

12 percent.

NCEAR has forecasted inflation rate for 2007-08

5.11 percent.

Which is the biggest mobile operator in the market

Bharti Airtel.


12th Finance Commission has recommends to merge and determine on single interest rate on
various outstanding central loans to states having different interest rates. What is this
recommended interest rate

7.5 Percent.


Microsoft Corporation has decided to set up a university to impart high end computer  education in

Bangalore

National Council on climate change has been constituted on

June 5, 2007

India is planning to launch a technology demonstrator of a reusable launch vehicle in

2009

Frank is-Saturn’s newly discovered 60th moon.
e- India 2007 is - Information Communication Technologies Coference.
Endeavour is-A space shuttle launched by NASA
Index Residex is associated with-Land Prices