V.K. R.V. Rao has done pioneering works on national income in India. One of his works on national income was 'Changes in India's National Income-A Static Economy in Progress' (1954). The other was ‘The National Income of British India’ (1941).

Correct Option: D

V.K. R.V. Rao has done pioneering works on national income in India. One of his works on national income was 'Changes in India's National Income-A Static Economy in Progress' (1954). The other was ‘The National Income of British India’ (1941).

Navratna was the title given originally to nine Public Sector Enterprises (PSEs) identified by the Government of India in 1997 as "public sector companies that have comparative advantages", giving them greater autonomy to compete in the global market so as to "support [them] in their drive to become global giants". Life Insurance Corporation has not been conferred this status.

Correct Option: B

Navratna was the title given originally to nine Public Sector Enterprises (PSEs) identified by the Government of India in 1997 as "public sector companies that have comparative advantages", giving them greater autonomy to compete in the global market so as to "support [them] in their drive to become global giants". Life Insurance Corporation has not been conferred this status.

Corporation Bank is a public sector bank in India, based in Mangalore. Recently, it completed 107 years of existence on 12 March 2012.

Correct Option: C

Corporation Bank is a public sector bank in India, based in Mangalore. Recently, it completed 107 years of existence on 12 March 2012.

As per the Economic Survey 2011-12, Petroleum, oil and lubricants (POL) imports constituted 31.4 per cent of total imports in the first half of 2011-12 due to high prices of crude oil. Food and allied products comprised 3.1 per cent share; Fertilizers: 1.7 per cent; Capital Goods: 11.6 per cent; Chemicals: 5.1 per cent; Pearls, Precious Stones: 6.0 per cent; Gold & Silver: 13.3 per cent; and Electronic goods comprised 7.2 per cent share of the total imports.

Correct Option: C

As per the Economic Survey 2011-12, Petroleum, oil and lubricants (POL) imports constituted 31.4 per cent of total imports in the first half of 2011-12 due to high prices of crude oil. Food and allied products comprised 3.1 per cent share; Fertilizers: 1.7 per cent; Capital Goods: 11.6 per cent; Chemicals: 5.1 per cent; Pearls, Precious Stones: 6.0 per cent; Gold & Silver: 13.3 per cent; and Electronic goods comprised 7.2 per cent share of the total imports.

Founded as a public sector company owned by the Government of India in 1963, Kochi Refineries was acquired by the Bharat Petroleum Corporation Limited in 2006 which presently owns and runs it. Consequent to the merger Order dated 18 August, 2006 issued by Ministry of Company Affairs, the refinery has been amalgamated with Bharat Petroleum Corporation, hence forth to be known as BPCL-Kochi Refinery.

Correct Option: B

Founded as a public sector company owned by the Government of India in 1963, Kochi Refineries was acquired by the Bharat Petroleum Corporation Limited in 2006 which presently owns and runs it. Consequent to the merger Order dated 18 August, 2006 issued by Ministry of Company Affairs, the refinery has been amalgamated with Bharat Petroleum Corporation, hence forth to be known as BPCL-Kochi Refinery.