Saturday, October 24, 2015

GENERAL AWARENESS PRACTICE MCQs

1. In the fourth Bi-monthly monetary policy review, on 29 September 2015, RBI reduced the Repo Rate under the Liquidity Adjustment Facility (LAF) by ...........
1) 150 basis points
2) 100 basis points
3) 25 basis points
4) 50 basis points
5) 75 basis points

2. Present Repo Rate is ...........
1) 6.75%
2) 7.25%
3) 6.00%
4) 7.75%
5) 8.25%

3. Present Reverse Repo Rate is ...........
1) 5.75%
2) 8.75%
3) 9.75%
4) 10.25%
5) 8.25%

4. Present Bank Rate ...........
1) 7.75%
2) 7.50%
3) 6.75%
4) 5.25%
5) 8.25%

5. RBI's Marginal Standing Facility Rate ...........
1) 7.50%
2) 6.75%
3) 7.75%
4) 8.75%
5) 4.0%

6. RBI kept the Cash Reserve Ratio (CRR) of scheduled banks unchanged at ............ of Net Demand and Time Liability (NDTL) in its recent monetary policy review.
1) 24.5%
2) 5.75%
3) 4.0%
4) 4.5%
5) 3.5%

7. RBI declared to issue final guidelines on base rate computation by ...........
1) March 2016
2) September 2016
3) November 2015
4) January 2016
5) March 2020

8. RBI lowered its economic growth forecast for the current fiscal year from 7.6% to ........
1) 7.1%
2) 7.2%
3) 7.4%
4) 7.5%
5) 6.5%

9. Finance Minister Arun Jaitley pegged the fiscal deficit target at ........... of the GDP for the current fiscal year.
1) 3.9%
2) 3.4%
3) 2.9%
4) 6.1%
5) 2.0%

10. Union Government said it has plan for setting up a non-statutory PDMA. PDMA stands for ...........
1) Public Debt Management Agency
2) Public Debit Management Agency
3) Private Debt Management Agency
4) Private Debt Monetary Agency
5) None

11. A non-statutory PDMA would be an interim arrangement before an independent agency is set up for managing the government borrowing programme. At present who is handling the government’s borrowing programme?
1) RBI
2) SBI
3) Asian Development Bank
4) National Development Council
5) NITI Aayog

12. Which bank announced the launch of 'Money2World', a fully online outward remittance service for resident Indians?
1) YES Bank
2) Axis Bank
3) ICICI Bank
4) SBI
5) Corporation Bank

13. National watershed management project 'Neeranchal' assisted by ...........
1) IMF
2) IDA
3) AIIB
4) World Bank
5) USAID

14. Which Scotland economist argued ''foreign aid did more harm than good'' conferred with the Nobel prize for Economics on 12 Oct 2015?
1) Meghnad J Desai
2) John Kay
3) Angus Deaton
4) Edward Miliband
5) Nicholas Herbert Stern

15. First Nobel prize in Economics awarded in ...........
1) 1969
2) 1901
3) 1954
4) 1989
5) 2001

16. First Nobel prize in Economics jointly conferred on the Dutch Economist Jan Tinbergen and the Norwegian Economist ...........
1) Ragnar Frisch
2) Trygve Haavelmo
3) Svein Gjedrem
4) Victor Norman
5) None of above

17. Which famous Indian Economist received Nobel prize in Economics 'for his contributions to welfare economics'?
1) Arvind Panagariya
2) Arvind Subramanian
3) Amartya Sen
4) R.C. Dutt
5) Suresh Tendulkar

18. Abel Prize described as Nobel in ...........
1) Mathematics
2) Peace
3) Literature
4) Economics
5) Physics

19. Abel Prize annually given by the Government of Norway. The first award given in ...........
1) 2003
2) 2009
3) 2008
4) 2007
5) 2006

20. The Abel Prize awardees receive ...........
1) 6 Million British Pounds
2) 6 Million USA Dollars
3) 6 Million Indian Rupees
4) 6 Million Euros
5) 6 Million Norwegian Kroner

21. Which Indian American received Abel prize in 2007?
1) Srinivasa Ramanujam
2) Professor Manjul Bhargava
3) S.R. Srinivasa Varadhan
4) Subhash Khot
5) C.R. Rao

22. For striking and seminal contributions to the theory of nonlinear partial differential equations
and its applications to geometric analysis, two mathematicians were awarded with Abel prize for 2015. One is John F. Nash, Jr. and another one is ...........
1) Louis Nirenberg
2) Yakov Grigorevich Sinai
3) John Milnor
4) John Griggs Thompson
5) Peter David Lax

23. Which state bagged the Skoch Order-of- Merit national award for implementation of six e-Governance and IT initiatives in the state recently?
1) Kerala
2) AP
3) Haryana
4) Maharashtra
5) Telangana

24. Who has been appointed as India's permanent representative in the UNO?
1) Jaishankar
2) Richard Rahul Verma
3) Syed Akbaruddin
4) Gautam Bambawale
5) Sushma Swaraj

25. Gautam Bambawale appointed as the new high commissioner to ...........
1) Nepal
2) Pakistan
3) USA
4) UK
5) Japan

26. Prof. Ramesh Chand appointed as the .........
1) Full-time member of NITI Aayog
2) Part-time member of NITI Aayog
3) Vice-chairman of NITI Aayog
4) Chairman of NITI Aayog
5) Ex-officio member of NITI Aayog

27. Prime Minister on 11 October 2015 laid the foundation stone of Dr. B.R. Ambedkar International Memorial in ...........
1) Mumbai
2) Delhi
3) Mau
4) Ratnagiri
5) London

28. Chaityabhoomi is the memorial of ...........
1) Mahatma Gandhi
2) Jawaharlal Nehru
3) B.R. Ambedkar
4) Lal Bahadur Sastri
5) A.P.J. Abdul Kalam

29. Union Minister Social Justice & Empowerment released a commemorative postal stamp on father of Indian Constitution Dr. B.R. Ambedkar as part of ........... his birth anniversary celebration.
1) 125th
2) 150th
3) 175th
4) 100th
5) 50th

30. Who is the Union Minister Social Justice & Empowerment?
1) Ravi Shankar Prasad
2) Bandaru Dattatreya
3) Thaawar Chand Gehlot
4) Nitin Gadkari
5) Ram Vilas Paswan

31. Prime Minister of India proposed which day to be observed as Constitution Day (Samvidhan Divas)?
1) 26 November
2) 9 December
3) 26 January
4) 15 August
5) 2 October

32. New Prime Minister of Nepal ...........
1) Tshering Tobgay
2) Abdulla Yameen
3) Ameenah Gurib
4) Khadga Prasad Sharma Oli
5) Thein Sein

33. India and Jordan signed six MoUs on the eve of Pranab Mukherjee visit on 11 October 2015. Jordan Capital Amman and its currency ...........
1) Rupee
2) Dollar
3) Peso
4) Dinar
5) Shilling

34. King of Jordan is Abdullah II and Prime Minister is ...........
1) Abdullah Ensour
2) Benjamin Netanyahu
3) David Cameron
4) Abdulla Abdulla
5) Abdel Fattah el-Sisi

35. International Girl Child day ...........
1) 24 Jan
2) 1 Jan
3) Second Sunday of February
4) 11 October
5) 1 June

36. 2015 International Girl Child day theme .......
1) Ending child marriage
2) The Power of the Adolescent Girl: Vision for 2030
3) The Power of Girl Child: Vision for 2050
4) Girl Child is the Future Mother
5) None of above

37. First BRICS Ministerial meeting on Migration held at ...........
1) Sochi
2) Durban
3) Bengaluru
4) Rio
5) Beijing

38. Who represented India in the first BRICS Ministerial meeting on Migration?
1) Rajnath Singh
2) Sushma Swaraj
3) Kiren Rijiju
4) Jaishankar
5 ) Narendra Modi

39. President Pranab Mukherjee held talks with his Palestinian counterpart Mahmoud Abbas on 12 October 2015. How much fund offered by India to Palestine Budgetary Support?
1) $ 5 million
2) $ 10 million
3) $ 15 million
4) $ 20 million
5) $ 50 million

40. A bond issued by an Indian company expressed in foreign currency, and the principal and interest in respect of which is payable in foreign currency is called ...........
1) Foreign Currency Convertible Bond
2) Indian Currency Convertible Bond
3) Foreign Medium Term Note
4) Treasury Bill
5) Foreign Currency Debenture

41. Monetary difference between export and import trade flows of a country for a specific time period is ...........
1) Fiscal Deficit
2) Revenue Deficit
3) Balance of Trade
4) Monetary Policy Review
5) Cash Imbalance

42. Which committee was appointed by Union Government to revisit civil services examination pattern?
1) T Haque
2) Mihir Shah
3) B.S. Baswan
4) S.M. Khan
5) D. Swarup

43. Men's singles title of China Open won by Novak Djokovic of ...........
1) Sweden
2) Norway
3) Serbia
4) USA
5) China

44. Russian Grand Prix title of Formula One won by ...........
1) Sebastian Vettel
2) Jenson Button
3) Lewis Hamilton
4) Fernando Alonso
5) John Arthur

45. Women's Doubles title of China Open won by Sania Mirza of India and ...........
1) Casey Dellacqua, Australia
2) Yaroslava Shvedova, Kazakistan
3) Martina Hingis, Switzerland
4) Elena Vesnina, Russia
5) Ekaterina Makarova, Russia

46. Union government on 7 October 2015 approved proposals to set up 3 AIIMS (All India Institutes of Medical Sciences) at Nagpur (Maharashtra), Mangalagiri (AP) and Kalyani in ...........
1) West Bengal
2) Bihar
3) Rajasthan
4) UP
5) MP

47. AIIMS will be established by central government under the scheme of PMSSY. PMSSY stands for ...........
1) Pradhan Mantri Swasthya Suraksha Yojana
2) Pradhan Medium Swasthya Suraksha Yojana
3) Pradhan Mantri Suddhi Suraksha Yojana
4) Pradhan Mantri Swasthya Sastrachikitsa Yojana
5) None of above

48. A.R. Rahman appointed as the cultural ambassador of ............
1) Seychelles
2) Australia
3) USA
4) UK
5) Spain

49. Seychelles capital is Victoria and its currency is..
1) Euro
2) Peso
3) Dollar
4) Rupee
5) Pound

ANSWERS:
1-4, 2-1, 3-1, 4-1, 5-3, 6-3, 7-3, 8-3, 9-1, 10-1
11-1, 12-3, 13-4, 14-3, 15-1, 16-1, 17-3, 18-1, 19-1, 20-5
21-3, 22-1, 23-3, 24-3, 25-2, 26-1, 27-1, 28-3, 29-1, 30-3
31-1, 32-4, 33-4, 34-1, 35-4, 36-2, 37-1, 38-3, 39-1, 40-1
41-3, 42-3, 43-3, 44-3, 45-3, 46-1, 47-1, 48-1, 49-4