Q. : 1 The Central govt has allocated what amount for ultra large solar power projects and solar parks in the Union Budget for FY15?
1) Rs 1000 cr
2) Rs 2000 cr
3) Rs 5000 cr
4) Rs 10000 cr
5) None of these
Q. : 2 Which of the following countries removed restrictions on foreign ownership of banks in the country recently under a new law that allows 100 per cent foreign control?
1) China
2) Thailand
3) Philippines
4) Singapore
5) None of these
Q. : 3 A ultra mega solar power project is to be set up in Sambhar, Rajasthan for which a MoU has been signed recently. What will be the cumulative capacity of the plant which will be achieved in phases?
1) 1000 MW
2) 2000 MW
3) 3000 MW
4) 4000 MW
5) None of these
Q. : 4 The authorities in Switzerland have revealed that the quantum of fake Indian rupee notes in their country is the third highest for any foreign currency. Which of the following currencies tops in this regard?
1) Chinese yuan
2) US dollar
3) Euro
4) Canadian dollar
5) None of these
Q. : 5 India will soon sign bilateral APAs with a clutch of Japanese companies for the first time. APA stands for
1) Advance-Pricing Agreement
2) Advance-Policy Agreement
3) Advance-Priority Agreement
4) Advance-Pricing Assessment
5) None of these
Q. : 6 The Finance Minister has confided that the revenue collection is expected to exceed targets this fiscal. What is the budget estimate for the revenue collection during 2014-15?
1) Rs 11.58 lakh cr
2) Rs 12.35 lakh cr
3) Rs 13.64 lakh cr
4) Rs 14.44 lakh cr
5) None of these
Q. : 7 Legendary actor James Garner died recently. Best known for playing a detective in crime series ‘Rockford Files,’ he belonged to
1) US
2) UK
3) France
4) Colombia
5) None of these
Q. : 8 Who among the following is the president of the Eleventh Conference of Parties (CoP-11) to the Convention on Biological Diversity (CBD)?
1) Nobuteru Ishihara
2) Prakash Javadekar
3) Ahmed Yusuf Nuristani
4) Yoon Seong-kyu
5) None of these
Q. : 9 Organisation for Economic Cooperation and Development (OECD) has unveiled automatic info exchange framework to curb black money internationally. The headquarters of OECD is situated in
1) London
2) Frankfurt
3) Rome
4) Paris
5) None of these
Q. : 10 As per the C Rangarajan panel report, which of the following states in India has the highest incidence of urban poverty (50.8 per cent) in the country?
1) Bihar
2) Uttar Pradesh
3) Jharkhand
4) Madhya Pradesh
5) None of these
Answer:-
Q. : 11 The Finance Minister Arun Jaitley has expressed confidence that direct tax collection would exceed budget target of _________in the current financial year.
1) Rs 8.11 lakh cr
2) Rs 7.86 lakh cr
3) Rs 7.36 lakh cr
4) Rs 7.13 lakh cr
5) None of these
Q. : 12 2014 Commonwealth Games begun in Glasgow in which of the following countries recently?
1) New Zealand
2) Scotland
3) Holland
4) Poland
5) None of these
Q. : 13 The current installed power generation capacity of the country is about __________.
1) 2,25,000 MW
2) 2,50,000 MW
3) 2,70,000 MW
4) 2,95,000 MW
5) None of these
Q. : 14 The 95th Garo Labour Corps Day was observed on 16 Jul in which of the following states saluting heroes of WW-I?
1) Assam
2) Meghalaya
3) Mizoram
4) Arunachal Pradesh
5) None of these
Q. : 15 In a major relief to citizens, the govt has decided to promote self-attestation of domcument. Earlier, it was necessary to get documents attested by _________for govt-related work.
1) a notary
2) a gazetted officer
3) any govt employee
4) Any one of the above
5) Either 1) or 2)
Q. : 16 The RBI has exempted long-term bonds (at least 7 yrs) from the mandatory regulatory norms such as the CRR, SLR and PSL if the money raised is used for
1) long-term projects in infrastructure sub-sectors
2) affordable housing
3) agricultural loans
4) All the above
5) Only 1) and 2)
Q. : 17 Indian corporate sector has to migrate to IFRS from the home-grown Indian Accounting Standards by the financial year 2016-17. IFRS stands for
1) International Forward Reporting Standards
2) International Fair Reporting Standards
3) International Fast Reporting Standards
4) International Financial Reporting Standards
5) None of these
Q. : 18 The govt asked UN Military Observer Group to vacate rent-free office in Delhi recently. This UN body has been overseeing India’s military activity _________for last 40 years.
1) against Maoist insurgents
2) in Jammu & Kashmir
3) in Arabian Sea
4) in Bay of Bengal
5) None of these
Q. : 19 The Nobel Prize and Booker Prize awardee and one of the literary world’s most powerful voices against apartheid, Nadine Gordimer, died recently. She belonged to
1) Nigeria
2) South Africa
3) Cambodia
4) Azerbaijan
5) None of these
Q. : 20 Sim Bhullar is associated with which of the following games? He is the first player of Indian origin to be drafted into the national team of the game in the US.
1) Rugby
2) Basketball
3) Football
4) Tennis
5) None of these
Answer:-
Q. : 21 At present, India does not enjoy trade surplus with which of the following SAARC countries?
1) Bangladesh
2) Pakistan
3) Sri Lanka
4) Maldives
5) None of these
Q. : 22 The External Affairs Minister Sushma Swaraj went on a three-day official visit to which of the following countries recently? She attended the two nation’s Joint Commission Meeting which took place after a gap of 23 years.
1) Bangladesh
2) Sri Lanka
3) Nepal
4) Bhutan
5) None of these
Q. : 23 Nick Clegg, who is scheduled to visit India in Aug, is the current Deputy Prime Minister of which of the following countries?
1) US
2) UK
3) Canada
4) Italy
5) None of these
Q. : 24 A plane making a landing attempt in stormy weather crashed at an airport in which of the following countries recently killing 51 people and injuring seven other? The country was battered by Typhoon Matmo causing heavy rain there.
1) Taiwan
2) South Korea
3) Indonesia
4) Iran
5) None of these
Q. : 25 The 7th IBSA (India-Brazil-South Africa) Summit in 2015 will be hosted by which of the following cities?
1) Brasilia
2) Fortaleza
3) New Delhi
4) Copenhagen
5) None of these
Q. : 26 The RBI issued draft norms for small banks recently. Such banks can be set up with a minimum capital of _______.
1) Rs 50 cr
2) Rs 100 cr
3) Rs 200 cr
4) Rs 500 cr
5) None of these
Q. : 27 The B20 Australia Summit was held in which of the following cities on 18 Jul? It is a forum through which the private sector produces policy recommendations for the annual meeting of the Group of 20 (G20) leaders.
1) Melbourne
2) Sydney
3) Brisbane
4) Perth
5) None of these
Q. : 28 Philipp Lahm, who retired from international football, recently, was erstwhile captain of which of the following teams?
1) Argentina
2) Brazil
3) Germany
4) France
5) None of these
Q. : 29 The CBDT has constituted a six-member committee to recommend steps to reduce litigations. What is full form of CBDT?
1) Central Bureau of Direct Taxes
2) Central Bureau of Distinct Taxes
3) Central Board of Distinct Taxes
4) Central Board of Direct Taxes
5) None of these
Q. : 30 The book titled ‘The Gypsy Goddess’ has been authored by who among the following?
1) Mahesh Rao
2) Meena Kandasamy
3) Sipra Das
4) Reshma Patil
5) None of these
Answer:-
Q. : 31 Which of the following is a banking/finance related term?
1) Amortisation
2) Constellation
3) Amphibious
4) Abacus
5) None of these
Q. : 32 The book titled ‘A Tale of Two Drops’ has been authored by who among the following?
1) APJ Abdul Kalam
2) Arundhati Roy
3) Gulam Nabi Azad
4) Harsh Vardhan
5) None of these
Q. : 33 Which of the following companies has become the most valued company by market capitalisation in India?
1) Tata Consultancy Services
2) Infosys
3) Wipro
4) Reliance Industries
5) None of these
Q. : 34 The govt approved sale of what quantity of wheat from FCI stock in the open market in order to boost domestic supply and check prices? The reserve price has been fixed at Rs 1,500 per quintal plus other charges.
1) 5 mn tonne
2) 8 mn tonne
3) 10 mn tonne
4) 12 mn tonne
5) None of these
Q. : 35 What is India’s position in Human Development Index 2014 released recently?
1) 131
2) 133
3) 135
4) 138
5) None of these
Q. : 36 What is govt’s disinvestment target for the current financial year?
1) Rs 25,500 cr
2) Rs 35,625 cr
3) Rs 36,925 cr
4) Rs 58,425 cr
5) None of these
Q. : 37 Who among the following has been appointed the ambassador of the newly created state Telangana recently?
1) R Ashwin
2) Sania Mirza
3) Jwala Gutta
4) Leander Paes
5) None of these
Q. : 38 The Reserve Bank of India (RBI) has raised the foreign institutional investors' (FIIs') sub-limit in govt bonds recently. What is the overall limit for FII investment in govt bonds?
1) USD 20 bn
2) USD 25 bn
3) USD 30 bn
4) USD 35 bn
5) None of these
Q. : 39 Who among the following has been appointed a United Nations Goodwill Ambassador by UN Women recently?
1) Madhuri Dixit
2) Aishwarya Rai Bachchan
3) Sandra Bullock
4) Emma Watson
5) None of these
Q. : 40 Which of the following countries holds the chairmanship of the G-20 group at present?
1) India
2) China
3) Australia
4) Brazil
5) None of these
Answer:-
Q. : 41 India is on course to complete the world’s highest railway bridge in Jammu & Kashmir by 2016. The bridge is being built over ________river.
1) Chenab
2) Jhelum
3) Indus
4) Ravi
5) None of these
Q. : 42 The central govt has notified rules under the Lokpal Act recently. The Lokpal and Lokayuktas Act provides for the establishment of a Lokpal for the Union and ________for the states.
1) Lokayuktas
2) Loksewaka
3) Lok Prahari
4) Lok Pradhan
5) None of these
Q. : 43 The Cabinet cleared the Securities Laws (Amendment) Bill recently to empower the market regulator Sebi to deal with which of the following?
1) Ponzi schemes
2) Microfinance institutions
3) Pension funds
4) Urban Cooperative Banks
5) None of these
Q. : 44 Which of the following is the most valued IT services company in the world as of now?
1) Infosys
2) Accenture
3) IBM
4) TCS
5) None of these
Q. : 45 Who among the following has been elected as the new President of Iraq recently?
1) Jalal Talabani
2) Mohammed Fuad Masoum
3) Ayad Allawi
4) Nouri al-Maliki
5) None of these
Q. : 46 The Govt has approved the sale of its residual stakes in which of the following PSUs recently?
1) BALCO
2) Hindustan Zinc
3) BPCL
4) All the above
5) Both 1) and 2)
Q. : 47 Nelson Mandela International Day is observed every year on
1) 2 Jul
2) 8 Jul
3) 11 Jul
4) 18 Jul
5) None of these
Q. : 48 Arseniy Yatsenyuk announced his resignation as the Prime Minister of which of the following countries recently?
1) Canada
2) Italy
3) Sweden
4) Ukraine
5) None of these
Q. : 49 Sukhen Dey and K Sanjita Chanu won gold medals in the 20th Commonwealth Games in Glasgow, Scotland recently in which of the following games?
1) Weightlifting
2) Archery
3) Discus throw
4) Wrestling
5) None of these
Q. : 50 What is the minimum capital requirement for setting up a normal commercial bank as per the RBI guidelines?
1) Rs 100 cr
2) Rs 200 cr
3) Rs 400 cr
4) Rs 500 cr
5) None of these
Answer:-
1) Rs 1000 cr
2) Rs 2000 cr
3) Rs 5000 cr
4) Rs 10000 cr
5) None of these
Q. : 2 Which of the following countries removed restrictions on foreign ownership of banks in the country recently under a new law that allows 100 per cent foreign control?
1) China
2) Thailand
3) Philippines
4) Singapore
5) None of these
Q. : 3 A ultra mega solar power project is to be set up in Sambhar, Rajasthan for which a MoU has been signed recently. What will be the cumulative capacity of the plant which will be achieved in phases?
1) 1000 MW
2) 2000 MW
3) 3000 MW
4) 4000 MW
5) None of these
Q. : 4 The authorities in Switzerland have revealed that the quantum of fake Indian rupee notes in their country is the third highest for any foreign currency. Which of the following currencies tops in this regard?
1) Chinese yuan
2) US dollar
3) Euro
4) Canadian dollar
5) None of these
Q. : 5 India will soon sign bilateral APAs with a clutch of Japanese companies for the first time. APA stands for
1) Advance-Pricing Agreement
2) Advance-Policy Agreement
3) Advance-Priority Agreement
4) Advance-Pricing Assessment
5) None of these
Q. : 6 The Finance Minister has confided that the revenue collection is expected to exceed targets this fiscal. What is the budget estimate for the revenue collection during 2014-15?
1) Rs 11.58 lakh cr
2) Rs 12.35 lakh cr
3) Rs 13.64 lakh cr
4) Rs 14.44 lakh cr
5) None of these
Q. : 7 Legendary actor James Garner died recently. Best known for playing a detective in crime series ‘Rockford Files,’ he belonged to
1) US
2) UK
3) France
4) Colombia
5) None of these
Q. : 8 Who among the following is the president of the Eleventh Conference of Parties (CoP-11) to the Convention on Biological Diversity (CBD)?
1) Nobuteru Ishihara
2) Prakash Javadekar
3) Ahmed Yusuf Nuristani
4) Yoon Seong-kyu
5) None of these
Q. : 9 Organisation for Economic Cooperation and Development (OECD) has unveiled automatic info exchange framework to curb black money internationally. The headquarters of OECD is situated in
1) London
2) Frankfurt
3) Rome
4) Paris
5) None of these
Q. : 10 As per the C Rangarajan panel report, which of the following states in India has the highest incidence of urban poverty (50.8 per cent) in the country?
1) Bihar
2) Uttar Pradesh
3) Jharkhand
4) Madhya Pradesh
5) None of these
Answer:-
- (1) Rs 1000 cr
- (3) Philippines
- (4) 4000 MW
- (2) US dollar
- (1) Advance-Pricing Agreement
- (3) Rs 13.64 lakh cr
- (1) US
- (2) Prakash Javadekar
- (4) Paris
- (1) Bihar
Q. : 11 The Finance Minister Arun Jaitley has expressed confidence that direct tax collection would exceed budget target of _________in the current financial year.
1) Rs 8.11 lakh cr
2) Rs 7.86 lakh cr
3) Rs 7.36 lakh cr
4) Rs 7.13 lakh cr
5) None of these
Q. : 12 2014 Commonwealth Games begun in Glasgow in which of the following countries recently?
1) New Zealand
2) Scotland
3) Holland
4) Poland
5) None of these
Q. : 13 The current installed power generation capacity of the country is about __________.
1) 2,25,000 MW
2) 2,50,000 MW
3) 2,70,000 MW
4) 2,95,000 MW
5) None of these
Q. : 14 The 95th Garo Labour Corps Day was observed on 16 Jul in which of the following states saluting heroes of WW-I?
1) Assam
2) Meghalaya
3) Mizoram
4) Arunachal Pradesh
5) None of these
Q. : 15 In a major relief to citizens, the govt has decided to promote self-attestation of domcument. Earlier, it was necessary to get documents attested by _________for govt-related work.
1) a notary
2) a gazetted officer
3) any govt employee
4) Any one of the above
5) Either 1) or 2)
Q. : 16 The RBI has exempted long-term bonds (at least 7 yrs) from the mandatory regulatory norms such as the CRR, SLR and PSL if the money raised is used for
1) long-term projects in infrastructure sub-sectors
2) affordable housing
3) agricultural loans
4) All the above
5) Only 1) and 2)
Q. : 17 Indian corporate sector has to migrate to IFRS from the home-grown Indian Accounting Standards by the financial year 2016-17. IFRS stands for
1) International Forward Reporting Standards
2) International Fair Reporting Standards
3) International Fast Reporting Standards
4) International Financial Reporting Standards
5) None of these
Q. : 18 The govt asked UN Military Observer Group to vacate rent-free office in Delhi recently. This UN body has been overseeing India’s military activity _________for last 40 years.
1) against Maoist insurgents
2) in Jammu & Kashmir
3) in Arabian Sea
4) in Bay of Bengal
5) None of these
Q. : 19 The Nobel Prize and Booker Prize awardee and one of the literary world’s most powerful voices against apartheid, Nadine Gordimer, died recently. She belonged to
1) Nigeria
2) South Africa
3) Cambodia
4) Azerbaijan
5) None of these
Q. : 20 Sim Bhullar is associated with which of the following games? He is the first player of Indian origin to be drafted into the national team of the game in the US.
1) Rugby
2) Basketball
3) Football
4) Tennis
5) None of these
Answer:-
- Answer:- 3) Rs 7.36 lakh cr
- Answer:- 2) Scotland
- Answer:- 2) 2,50,000 MW
- Answer:- 2) Meghalaya
- Answer:- 5) Either 1) or 2)
- Answer:- 5) Only 1) and 2)
- Answer:- 4) International Financial Reporting Standards
- Answer:- 2) in Jammu & Kashmir
- Answer:- 2) South Africa
- Answer:- 2) Basketball
Q. : 21 At present, India does not enjoy trade surplus with which of the following SAARC countries?
1) Bangladesh
2) Pakistan
3) Sri Lanka
4) Maldives
5) None of these
Q. : 22 The External Affairs Minister Sushma Swaraj went on a three-day official visit to which of the following countries recently? She attended the two nation’s Joint Commission Meeting which took place after a gap of 23 years.
1) Bangladesh
2) Sri Lanka
3) Nepal
4) Bhutan
5) None of these
Q. : 23 Nick Clegg, who is scheduled to visit India in Aug, is the current Deputy Prime Minister of which of the following countries?
1) US
2) UK
3) Canada
4) Italy
5) None of these
Q. : 24 A plane making a landing attempt in stormy weather crashed at an airport in which of the following countries recently killing 51 people and injuring seven other? The country was battered by Typhoon Matmo causing heavy rain there.
1) Taiwan
2) South Korea
3) Indonesia
4) Iran
5) None of these
Q. : 25 The 7th IBSA (India-Brazil-South Africa) Summit in 2015 will be hosted by which of the following cities?
1) Brasilia
2) Fortaleza
3) New Delhi
4) Copenhagen
5) None of these
Q. : 26 The RBI issued draft norms for small banks recently. Such banks can be set up with a minimum capital of _______.
1) Rs 50 cr
2) Rs 100 cr
3) Rs 200 cr
4) Rs 500 cr
5) None of these
Q. : 27 The B20 Australia Summit was held in which of the following cities on 18 Jul? It is a forum through which the private sector produces policy recommendations for the annual meeting of the Group of 20 (G20) leaders.
1) Melbourne
2) Sydney
3) Brisbane
4) Perth
5) None of these
Q. : 28 Philipp Lahm, who retired from international football, recently, was erstwhile captain of which of the following teams?
1) Argentina
2) Brazil
3) Germany
4) France
5) None of these
Q. : 29 The CBDT has constituted a six-member committee to recommend steps to reduce litigations. What is full form of CBDT?
1) Central Bureau of Direct Taxes
2) Central Bureau of Distinct Taxes
3) Central Board of Distinct Taxes
4) Central Board of Direct Taxes
5) None of these
Q. : 30 The book titled ‘The Gypsy Goddess’ has been authored by who among the following?
1) Mahesh Rao
2) Meena Kandasamy
3) Sipra Das
4) Reshma Patil
5) None of these
Answer:-
- (5) None of these
- (3) Nepal
- (2) UK
- (1) Taiwan
- (3) New Delhi
- (2) Rs 100 cr
- (2) Sydney
- (3) Germany
- (4) Central Board of Direct Taxes
- (2) Meena Kandasamy
Q. : 31 Which of the following is a banking/finance related term?
1) Amortisation
2) Constellation
3) Amphibious
4) Abacus
5) None of these
Q. : 32 The book titled ‘A Tale of Two Drops’ has been authored by who among the following?
1) APJ Abdul Kalam
2) Arundhati Roy
3) Gulam Nabi Azad
4) Harsh Vardhan
5) None of these
Q. : 33 Which of the following companies has become the most valued company by market capitalisation in India?
1) Tata Consultancy Services
2) Infosys
3) Wipro
4) Reliance Industries
5) None of these
Q. : 34 The govt approved sale of what quantity of wheat from FCI stock in the open market in order to boost domestic supply and check prices? The reserve price has been fixed at Rs 1,500 per quintal plus other charges.
1) 5 mn tonne
2) 8 mn tonne
3) 10 mn tonne
4) 12 mn tonne
5) None of these
Q. : 35 What is India’s position in Human Development Index 2014 released recently?
1) 131
2) 133
3) 135
4) 138
5) None of these
Q. : 36 What is govt’s disinvestment target for the current financial year?
1) Rs 25,500 cr
2) Rs 35,625 cr
3) Rs 36,925 cr
4) Rs 58,425 cr
5) None of these
Q. : 37 Who among the following has been appointed the ambassador of the newly created state Telangana recently?
1) R Ashwin
2) Sania Mirza
3) Jwala Gutta
4) Leander Paes
5) None of these
Q. : 38 The Reserve Bank of India (RBI) has raised the foreign institutional investors' (FIIs') sub-limit in govt bonds recently. What is the overall limit for FII investment in govt bonds?
1) USD 20 bn
2) USD 25 bn
3) USD 30 bn
4) USD 35 bn
5) None of these
Q. : 39 Who among the following has been appointed a United Nations Goodwill Ambassador by UN Women recently?
1) Madhuri Dixit
2) Aishwarya Rai Bachchan
3) Sandra Bullock
4) Emma Watson
5) None of these
Q. : 40 Which of the following countries holds the chairmanship of the G-20 group at present?
1) India
2) China
3) Australia
4) Brazil
5) None of these
Answer:-
- (1) Amortisation
- (4) Harsh Vardhan
- (1) Tata Consultancy Services
- (3) 10 mn tonne
- (3) 135
- (4) Rs 58,425 cr
- (2) Sania Mirza
- (3) USD 30 bn
- (4) Emma Watson
- (3) Australia
Q. : 41 India is on course to complete the world’s highest railway bridge in Jammu & Kashmir by 2016. The bridge is being built over ________river.
1) Chenab
2) Jhelum
3) Indus
4) Ravi
5) None of these
Q. : 42 The central govt has notified rules under the Lokpal Act recently. The Lokpal and Lokayuktas Act provides for the establishment of a Lokpal for the Union and ________for the states.
1) Lokayuktas
2) Loksewaka
3) Lok Prahari
4) Lok Pradhan
5) None of these
Q. : 43 The Cabinet cleared the Securities Laws (Amendment) Bill recently to empower the market regulator Sebi to deal with which of the following?
1) Ponzi schemes
2) Microfinance institutions
3) Pension funds
4) Urban Cooperative Banks
5) None of these
Q. : 44 Which of the following is the most valued IT services company in the world as of now?
1) Infosys
2) Accenture
3) IBM
4) TCS
5) None of these
Q. : 45 Who among the following has been elected as the new President of Iraq recently?
1) Jalal Talabani
2) Mohammed Fuad Masoum
3) Ayad Allawi
4) Nouri al-Maliki
5) None of these
Q. : 46 The Govt has approved the sale of its residual stakes in which of the following PSUs recently?
1) BALCO
2) Hindustan Zinc
3) BPCL
4) All the above
5) Both 1) and 2)
Q. : 47 Nelson Mandela International Day is observed every year on
1) 2 Jul
2) 8 Jul
3) 11 Jul
4) 18 Jul
5) None of these
Q. : 48 Arseniy Yatsenyuk announced his resignation as the Prime Minister of which of the following countries recently?
1) Canada
2) Italy
3) Sweden
4) Ukraine
5) None of these
Q. : 49 Sukhen Dey and K Sanjita Chanu won gold medals in the 20th Commonwealth Games in Glasgow, Scotland recently in which of the following games?
1) Weightlifting
2) Archery
3) Discus throw
4) Wrestling
5) None of these
Q. : 50 What is the minimum capital requirement for setting up a normal commercial bank as per the RBI guidelines?
1) Rs 100 cr
2) Rs 200 cr
3) Rs 400 cr
4) Rs 500 cr
5) None of these
Answer:-
- (1) Chenab
- (1) Lokayuktas
- (1) Ponzi schemes
- (3) IBM
- (2) Mohammed Fuad Masoum
- (5) Both 1) and 2)
- (4) 18 Jul
- (4) Ukraine
- (1) Weightlifting
- (4) Rs 500 cr
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