A supported catalyst for selective hydrogenation of acetylenes comprising 3-15 wt. % Ni promoted with 0.005-0.2 Pd on a support. The catalyst is prepared by depositing nickel promoted with palladium on a support, containing one or more optional elements from copper, silver, Group IA (Li, Na, K, Rb, Cs, Fr) and Group IIA (Be, Mg, Ca, Sr, Ba, Ra) and B (Zn, Cd,) of the periodic table of elements and characterized as: Component Range of component Preferably wt. % wt. % Ni 3-15 4-11 Cu 0-I 0.0-0.6 Pd 0.005-0.2 0.01-0.1 Ag 0-10 0-5 Group IA 0-2.5 0-1.5 Group IIA & B 0-25 0.1-5.