Many a times we read in the newspapers a term ‘Hot Money’. Which of the following is the correct definition of Hot Money ?

1. This is the fund which is dumped into a country to get the advantage of a favourable interest rate and hence brings higher returns.

2. This is the fund which is provided by a bank in US $ at very short notice and at a very high rate of interest and for a longer period of repayment.

3. This is the fund which is pushed into market through Hawala or some other such illegal methods and sometimes referred also as Black Money.

The World Islamic Economic Forum was held in 2007 in

The President of Brazil was on a visit to India in 2007 where he signed several trade agreements. Which of the following has been the major area of trade relations between the two countries?

Which of the following African countries launched its communication satellite in 2007 for the first time?

As per the new figures released in recent past what has been the ratio of taxes to Gross Domestic Product (Tax-GDP) in 2007-08 ? Approximately……

Banks these days have launched a new scheme product known as ‘Reverse Mortgage’. The scheme is designed keeping which of the following groups of society in consideration