SNAP 2011 Question Paper

“Swayamsidha” is a scheme launched by the Government of India to help

What is ‘Share swap’?
A. A business takeover in which acquiring company uses its own stock to pay for the acquired company.
B. When a company uses its own share to get some short term loan for working capital requirement
C. When companies are require to float a new issue to earn capital for their expansion programmes, each shareholder gets some additional preferential share. The process is known as Share Swap.

Regarding “carbon credits” which of the following statements is not correct?

Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two?

In context of global oil prices, “Brent crude oil” is frequently referred to in the news. What does this term imply?
1) It is a major classification of crude oil
2) It is sourced from North sea
3) It does not contain sulphur
Which of the statement given above is /are correct?

With reference to “Look East Policy” of India consider the following statements:
1. India wants to establish itself as an important regional player in the East Asian affairs.
2. India wants to plug the vacuum created by the termination of Cold war.
3. India wants to restore the historical and cultural ties with its neighbors in Southeast and East Asia.
Which of the statements given above is/are correct?

Recently “oilzapper” was in news. What is it?

Why is the offering of “teaser loans” by commercial banks a cause of economic concern?
1. The teaser loans are considered to be an aspect of sub - prime lending and banks may be exposed to the risk of defaulters in future.
2. The teaser loans are given to inexperienced entrepreneurs to set up manufacturing or export units.
Which of the statements given above is/are correct?

Why is the government of India disinvesting its equity in the Central Public Sector Enterprises (CPSE)?
1. The Government intends to use the revenue earned from disinvestment mainly to pay the External debt
2. The Government no longer intends to retain the management control of CPSEs
Which of the statements given above is/are correct?

The book “Unto this Last” which influenced Gandhiji, was authored by