Ques. : 1 Militants from the Pakistani Taliban attacked an army-run school in which of the following cities in Pakistan killing at least 145 people, mostly children? 1) Peshawar 2) Karachi 3) Islamabad 4) Rawalpindi 5) None of these Answer:- 1) Peshawar Ques. : 2 The 14th Finance Commission submitted its report on 15 Dec. The report covers a period of five years commencing on the 1) 1 Jan 2015 2) 1 Apr 2015 3) 1 Sep 2015 4) 1 Apr 2016 5) None of these Answer:- 2) 1 Apr 2015 Ques. : 3 The Finance Commission, usually set up every five year, gives its recommendations regarding the 1) sharing of Union taxes 2) transfer of resources to local bodies 3) principles governing Grants-in-aid to States 4) All the above 5) Only 1) and 2) Answer:- 4) All the above Ques. : 4 Who among the following won the London Classic chess title in London on 15 Dec? 1) Hikaru Nakamura 2) Fabiano Caruana 3) Vladimir Kramnik 4) Michael Adams 5) Viswanathan Anand Answer:- 5) Viswanathan Anand Ques. : 5 As data shows, exports grew by 7.2 per cent in the month of Nov, the highest in the last four months. In the country’s GDP, exports contribute about 1) 15 per cent 2) 20 per cent 3) 25 per cent 4) 35 per cent 5) None of these Answer:- 3) 25 per cent Ques. : 6 The govt has launched DBTL scheme to transfer LPG subsidy. Expand the term DBTL. 1) Distributed Benefit Transfer of LPG 2) Dedicated Benefit Transfer of LPG 3) Deducted Benefit Transfer of LPG 4) Direct Benefit Transfer of LPG 5) None of these Answer:- 4) Direct Benefit Transfer of LPG Ques. : 7 The sum of currency in circulation and demand deposits with banks is called 1) M1 (narrow money) 2) M2 3) M3 (Broad money) 4) M4 5) None of these Answer:- 1) M1 (narrow money) Ques. : 8 The govt has proposed removing the minimum paid-up share capital requirement for new businesses in India. At present, paid-up capital requirement for a private company is not less than 1) Rs 1 lakh 2) Rs 2 lakh 3) Rs 3 lakh 4) Rs 4 lakh 5) Rs 5 lakh Answer:- 1) Rs 1 lakh Ques. : 9 YV Reddy is the chairman of the 14th Finance Commission which submitted its report to the President office recently. Who among the following was NOT one of the other four members of the Commission? 1) Abhijit Sen 2) Sushma Nath 3) M Govinda Rao 4) Sudipto Mundle 5) Jayati Ghosh Answer:- 5) Jayati Ghosh Ques. : 10 The constitution of Finance Commission is mandated by which of the following Articles of the Indian Constitution? 1) Article 280 2) Article 343 3) Article 368 4) Article 395 5) None of these Answer:- 1) Article 280
Posted on: Wed, 17 Dec 2014 07:16:19 +0000
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