CURRENT AFFAIRS... ... Sunday Special Ques. : 1 The 9th Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) Divas was observed recently on which of the following dates? 1) 30 Jan 2) 31 Jan 3) 1 Feb 4) 2 Feb 5) None of these Answer:- 4) 2 Feb Ques. : 2 India has become the world’s third-biggest crude oil importer in 2013 as per the recent data. Which of the following countries is the world’s largest oil importer as of now? 1) Germany 2) Japan 3) India 4) China 5) None of these Answer:- 4) China Ques. : 3 The book titled ‘Maverick Unchanged, Unrepentant’ has been penned by who among the following? 1) Ram Jethmalani 2) Preeti Shenoy 3) Chetan Bhagat 4) Elizabeth Chatterjee 5) None of these Answer:- 1) Ram Jethmalani Ques. : 4 Which of the following teams has won the Ranji Trophy cricket tournament recently? 1) Karnataka 2) Maharashtra 3) Punjab 4) Delhi 5) None of these Answer:- 1) Karnataka Ques. : 5 The Oscar-winning actor Philip Seymour Hoffman, who was found dead in his apartment recently, was a ______actor. 1) Russian 2) British 3) US 4) French 5) None of these Answer:- 3) US Ques. : 6 Saketh Myneni and Yuki Bhambri, who helped India record a 5-0 rout of Chinese Taipei recently, are associated with which of the following games? 1) Tennis 2) Table Tennis 3) Badminton 4) Squash 5) None of these Answer:- 1) Tennis Ques. : 7 Harish Rawat was sworn in as the new chief minister of which of the following states recently? 1) Chhattisgarh 2) Karnataka 3) Himachal Pradesh 4) Uttarakhand 5) None of these Answer:- 4) Uttarakhand Ques. : 8 Which of the following will be termed as cross-selling? 1) Selling a housing loan to a deposit customer 2) Selling a deposit product to a savings account holder 3) Selling a credit card to a debit card holder 4) All the above 5) Only 1) and 3) Answer:- 4) All the above Ques. : 9 Which of the following statements is/are NOT correct? 1) Cheap Money refers to a loan or credit with a low interest rate. 2) Hot money refers to a capital that is frequently transferred between financial institutions in an attempt to maximize interest or capital gain. 3) Call Money is lent by a bank or other institution that is repayable on demand. 4) Only 1) and 3) 5) None of the above Answer:- 5) None of the above Ques. : 10 Olympic torch was lit on Mount Elbrus by two professional mountaineers recently. It is the highest point of which of the following countries? 1) Brazil 2) UK 3) Russia 4) Japan 5) None of these Answer:- 3) Russia Ques. : 11 The World Cancer Day is observed on which of the following dates annually? 1) 1 Feb 2) 2 Feb 3) 3 Feb 4) 4 Feb 5) 5 Feb Answer:- 4) 4 Feb Ques. : 12 Who among the following has become the new CEO of the software giant Microsoft recently? 1) Sundar Pichai 2) Stephen Elop 3) Alan Mulally 4) Satya Nadella 5) None of these Answer:- 4) Satya Nadella Ques. : 13 Sachin Tendulkar and CNR Rao were conferred with the countrys highest civilian honour Bharat Ratna by President Pranab Mukherjee recently. While Sachin is a legendary cricketer, Rao is a well recognized international: 1) Scientist 2) Author 3) Environmentalist 4) Economist 5) None of these Answer:- 1) Scientist Ques. : 14 Expand the term CTS. 1) Cheque Tracking System 2) Cheque Transfer System 3) Cheque Timing System 4) Cheque Truncation System 5) None of these Answer:- 4) Cheque Truncation System Ques. : 15 After the direct benefit transfer project, the Govt is now planning to usher in a DTH scheme. Which of the following is correct with respect to this scheme? 1) DTH is the acronym for Direct-To-Home. 2) The scheme has already been initiated in Andhra Pradesh and will now be implemented across the country. 3) All wages, pensions, maternity benefits and subsidy schemes meant for the people will actually be delivered directly to the family through Micro ATMs and other means. 4) All the above 5) Only 1) and 3) Answer:- 4) All the above Ques. : 16 Who among the following will head the 7th Central Pay Commission set up by the govt? 1) Meena Agarwal 2) Rathin Roy 3) Vivek Rae 4) Ashok Kumar Mathur 5) None of these Answer:- 4) Ashok Kumar Mathur Ques. : 17 Which of the following social networking sites completed 10 years in operation on 4 Feb 2014? 1) Twitter 2) Myspace 3) Facebook 4) Orkut 5) None of these Answer:- 3) Facebook Ques. : 18 Joachim Guack, who visited India, recently, is the present President of which of the following countries? 1) Spain 2) Germany 3) New Zealand 4) Italy 5) None of these Answer:- 2) Germany Ques. : 19 What does repository refer to as in banking terminology? 1) Currency chest owned by state govt. 2) A separate small currency chest. 3) A sub chest, whose money forms part of the main chest. 4) A currency chest maintained by private financial companies. 5) None of these Answer:- 3) A sub chest, whose money forms part of the main chest. Ques. : 20 The communication backbone launched by the Reserve Bank of India (RBI) for Indian Banking and Financial Sector is known as: 1) BANKNET 2) INFINET 3) INDIANET 4) SWIFT 5) None of these Answer:- 2) INFINET Ques. : 21 As per currently prevailing norms, 49 per cent FDI is allowed under automatic route in private sector banks in India. However, under the govt route FDI limit is up to: 1) 64 per cent 2) 74 per cent 3) 84 per cent 4) 94 per cent 5) 100 per cent Answer:- 2) 74 per cent Ques. : 22 Which of the following major automakers operating in India has launched two new models in passenger car section –Bolt hatchback and Zest sedan- recently? 1) Ford 2) General Motors 3) Hyundai 4) Tata Motors 5) None of these Answer:- 4) Tata Motors Ques. : 23 As per the estimates of Planning Commission, the number of persons living below the poverty line in the country has declined from 40.74 crore in 2004-05 to _____in 2011-12. 1) 27 crore 2) 32 crore 3) 37 crore 4) 38 crore 5) 39 crore Answer:- 1) 27 crore Ques. : 24 Which of the following in NOT eligible for deposit insurance facility provided by Deposit Insurance and Credit Guarantee Corporation (DICGC)? 1) Regional Rural Banks (RRBs) 2) Private Banks 3) Foreign Banks 4) Primary Cooperative Societies 5) None of these Answer:- 4) Primary Cooperative Societies Ques. : 25 Which of the following corporate houses has made a surprise announcement of plans to hire over 56,000 new employees in 2014 along with investments to the tune of nearly Rs 32,400 cr recently? 1) Jindal Group 2) KM Birla Group 3) Sahara India Pariwar 4) Infosys 5) None of these Answer:- 3) Sahara India Pariwar Ques. : 26 These days, banking services are available anywhere and anytime. Which of the following is/are the product(s)/service(s) that make the above possible? 1) Automated Teller Machine 2) Internet Banking 3) Mobile Banking 4) All the above 5) Only 1) and 2) Answer:- 4) All the above Ques. : 27 Paris-based FATF organisation released an international report on money laundering and terrorist financing on 2 Feb 2014. The term FATF stands for: 1) Financial Authentication Task Force 2) Financial Activity Tracking Forum 3) Financial Action Tracking Forum 4) Financial Activity Task Force 5) Financial Action Task Force Answer:- 5) Financial Action Task Force Ques. : 28 Which of the following cups in cricket is played between the winner of the Ranji Trophy of the year and a team representing rest of India? 1) Deodhar Trophy 2) Vijay Hazare Trophy 3) Duleep Trophy 4) Irani Cup 5) None of these Answer:- 4) Irani Cup Ques. : 29 The Insurance Regulatory and Development Authority (IRDA) has set up a 9-member panel to review the 14 non-legislative recommendations made by the Financial Sector Legislative Reforms Commission (FSLRC) which was headed by: 1) Ramesh Chandra Lahoti 2) AR Lakshmanan 3) BN Srikrishna 4) Ruma Pal 5) KG Balakrishnan Answer:- 3) BN Srikrishna Ques. : 30 Heena Sidhu is associated with which of the following games? She was in news, recently, as she appeared on the cover of Dec 2013 issue of the magazine published by the international body of the game. 1) Air pistol (10m) 2) Boxing 3) Archery 4) Discus throw 5) None of these Answer:- 1) Air pistol (10m) Ques. : 31 As per the recent estimates of the Planning Commission, which of the following states had the highest number of poor people (5.98 crore) living below the poverty line in 2011-12? 1) West Bengal 2) Maharashtra 3) Madhya Pradesh 4) Bihar 5) Uttar Pradesh Answer:- 5) Uttar Pradesh Ques. : 32 Which of the following automobile manufacturers launched a new car Celerio, a hatchback with revolutionary ‘automatic manual transmission’ facility at the 12th India Auto Expo recently? 1) Tata Motors 2) Maruti Suzuki 3) Honda 4) Renault 5) None of these Answer:- 2) Maruti Suzuki Ques. : 33 Which of the following countries has become the first Asian country and only 3rd in the world to have Shore Based Test Facility (SBTF)? The facility is primarily meant for flight testing of naval aircrafts and pilots. 1) China 2) Japan 3) South Korea 4) India 5) Pakistan Answer:- 4) India Ques. : 34 The govt announced to extend the visa-on-arrival facility to all countries except eight with effect from Sep 2014. Which of the following countries has/have not been covered under this facility? 1) Iraq 2) Sri Lanka 3) Afghanistan 4) Pakistan 5) All the above Answer:- 5) All the above Ques. : 35 The govt has approved increase in the fair and remunerative price (FRP) for sugarcane by 10 rupees per quintal for 2014-15. The FRP for sugarcane for the current sugar year now stands at _________ per quintal. 1) Rs 210 2) Rs 225 3) Rs 261 4) Rs 270 5) Rs 282 Answer:- 1) Rs 210 Ques. : 36 The Union govt launched ‘Meghraj’ project, recently, which is a ______ project. 1) Cloud computing 2) Mother and child tracking 3) Weather forecasting 4) Artificial rain 5) None of these Answer:- 1) Cloud computing Ques. : 37 India signed an Umbrella Agreement on Financial Cooperation with which of the following countries recently pertaining to concessional loans from the country for nine projects including New Approaches in Microfinance and Microenterprise Finance (by SIDBI)? 1) France 2) South Korea 3) Japan 4) Germany 5) None of these Answer:- 4) Germany Ques. : 38 Which of the following is a fictitious asset? 1) Very old stock that is not usable any more 2) Goodwill 3) Preliminary expenses 4) Pre-operative expenses 5) None of these Answer:- 2) Goodwill Ques. : 39 The govt allowed foreign institutional investors (FII) and non-resident Indians (NRIs) to invest in the insurance sector recently. Currently up to what per cent FDI is permitted in the insurance sector? 1) 26 per cent 2) 49 per cent 3) 51 per cent 4) 74 per cent 5) 100 per cent Answer:- 1) 26 per cent Ques. : 40 The maximum amount that a card holder is allowed to make payment by way of credit card is called 1) Floor limit 2) Fixed limit 3) Card limit 4) Card ceiling 5) None of these Answer:- 3) Card limit Ques. : 41 The Planning Commission estimates poverty line on Monthly Per Capita Consumption Expenditure based on the methodology developed by an expert group constituted in 2005 under the chairmanship of: 1) Late Suresh Tendulkar 2) Shankar Acharya 3) TN Srinivasan 4) Mihir Shah 5) None of these Answer:- 1) Late Suresh Tendulkar Ques. : 42 The Finance Ministry, recently, intimated the Securities and Exchange Board of India (Sebi), extending the term of current chairman __________by another two years. His term was to end on 17 Feb 2014. 1) M Damodaran 2) DR Mehta 3) UK Sinha 4) Y Venugopal Reddy 5) None of these Answer:- 3) UK Sinha Ques. : 43 The Cabinet Committee on Economic Affairs approved the proposal of which of the following telecom majors to increase its stake in the Indian entity to 100% for Rs 10,141 crore from 64.38% at present? 1) Maxis 2) Sistema 3) Vodafone 4) Telenor 5) None of these Answer:- 3) Vodafone Ques. : 44 What is expanded form of CEPA? 1) Comprehensive Economic Partnership Agreement 2) Comprehensive Energy Partnership Agreement 3) Comprehensive Ecosystems Protection Agreement 4) Comprehensive Engineering Partnership Agreement 5) None of these Answer:- 1) Comprehensive Economic Partnership Agreement Ques. : 45 India’s largest passenger carmaker Maruti Suzuki announced to discontinue which of the following models, dubbed as India’s first people’s car, recently? 1) Estilo 2) A-Star 3) Maruti 800 4) Zen 5) None of these Answer:- 3) Maruti 800 Ques. : 46 The Reserve Bank of India has removed the interest rate cap on loans given by microfinance institutions (MFIs) regulated by it effective 1 Apr and such lenders will now be able to charge interest rate based on their borrowing cost. What was the earlier cap for interest rate? 1) 18 per cent 2) 22 per cent 3) 24 per cent 4) 26 per cent 5) 28 per cent Answer:- 4) 26 per cent Ques. : 47 Which of the following statements is/are true? 1) Indias per capita income is projected to soar to Rs 74,920 in 2013-14 based on current prices. 2) The size of the economy at current prices is projected to rise to Rs 105.39 lakh crore (USD 1.7 tn) at the end of 2013-14 fiscal. 3) The countrys population is expected to increase to 123 crore by the end of Mar 2014. 4) All the above 5) Only 1) and 2) Answer:- 4) All the above Ques. : 48 Indian participants to the Sochi Winter Olympics 2014 were forced to march under Olympic flag as independent participants recently as the Indian Olympic Association (IOA) was banned. Who among the following Indians were qualified for the winter Olympics? 1) Himanshu Thakur 2) Nadeem Iqbal 3) Shiva Keshavan 4) All the above 5) Only 2) and 3) Answer:- 4) All the above Ques. : 49 Who among the following has never been the Finance Minister of India? 1) Manmohan Singh 2) Jaswant Singh 3) Yashwant Sinha 4) Pranab Mukherjee 5) None of the above Answer:- 5) None of the above Ques. : 50 Which of the following regulators functioning in India regulates the credit rating agencies? 1) Reserve Bank of India (RBI) 2) Securities and Exchange Board of India (SEBI) 3) Insurance Regulatory and Development Authority (IRDA) 4) Forward Markets Commission (FMC) 5) None of these Answer:- 2) Securities and Exchange Board of India (SEBI)
Posted on: Sun, 05 Oct 2014 03:57:41 +0000
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