As per the Railway Budget 2008-09 the Operating ratio of Railways is pitched at which of the following levels ? Approximately……

Which of the following is the correct definition of the term commercial papers ?
1. It is nothing but the popular name of the Judicial stamp papers used to register
financial transactions.
2. It is one of the instruments through which Corporates raise debt from the market.
3. It is the name of the ‘Certificate of Deposits’ provided by the Banks to its retail customers

To help farming community the Govt. of India has decided to raise the Minimum support price of paddy for current Kharif marketing season. What is that price ?

Which of the following is/are not the highlights of the Union Budget 2008-09 ?
1. A Risk Capital Fund is to be set up and maintained by one of the financial institutes.
2. Allocation for Defence is reduced by 10% to make it Rs. 10,000 crore.
3. Several new schemes to be introduced for providing social security to the people in
unorganized sectors.

The Govt. of India has taken a decision to open three more IITs during the year 2008- 09. These IITs will be in which of the following groups of States ?

‘SEBI’ bans some companies for their role in ‘F&O Scam’, was the news in some major newspapers in 2007. What is the full form of ‘F&O’?