1. What is meant by Repo Rate?
1) At what rate of interest banks offer the funds to Reserve Bank of India.
2) At what rate of interest World Bank offer the funds to Central Government for not less than the period of 364 days.
3) At what rate of interest banks barrow the funds from Reserve Bank of India for short term.
4) At what rate of interest banks barrow the funds from the other banks for long term.
5) At what rate of interest Central Government barrow the funds from the other banks for long term.
2. Present Repo Rate is ...
1) 8.00 percent
2) 8.25 percent
3) 7.00 percent
4) 9.00 percent
5) 23 percent
3. The repo rate of RBI not applicable to?
1) Public Sector Banks
2) Private Sector Banks
3) SBI
4) IDBI
5) Non-Banking Finance
Companies
4. If the Repo Rate increases by Reserve Bank of India, rate of interest of the loans offered by the banks...
1) decrease
2) become zero
3) become 100 percent
4) increase
5) None of above
5. To control Inflation...
1) RBI decreases the Repo Rate
2) RBI ask the Central Government to increase the Repo Rate
3) RBI cancels the option of Repo Rate
4) RBI declares Repo Rate as zero percent
5) RBI increases the Repo Rate
6. Reverse Repo Rate means?
1) The rate at which Reserve Bank of India (RBI) borrows money from Central Government.
2) The rate at which state governments borrows money from banks.
3) The rate at which Reserve Bank of India (RBI) borrows money from banks.
4) The rate at which Reserve Bank of India (RBI) borrows money from State Government.
5) The rate at which Reserve Bank of India (RBI) borrows money from World bank.
7. The present Reverse Repo Rate is?
1) 8.25 percent
2) 8.50 percent
3) 9.00 percent
4) 23.00 percent
5) 7.00 percent
8. A financial contract that derives its value from another asset or an index of asset values is called...
1) Derivative
2) Share
3) NAV
4) Maturity
5) None
9. In the Interim Budget 2014-15, the Finance Minister promised to provide how much capital in the form of capital infusion to Public Sector banks?
1) Rs.10,000 crore
2) Rs.14,500 crore
3) Rs.8,750 crore
4) Rs.11,200 crore
5) None
10. Finance Ministers and Central Bank Governors of the G-20 major economies organized between 22 February and 24 February 2014 in?
1) Australia
2) India
3) USA
4) UK
5) Canada
11. Which private bank of India which has commenced its operations at Shanghai in China on 8 Jan 2014?
1) Kotak Mahindra Bank
2) KVB
3) Axis Bank
4) ICICI
5) YES Bank
12. Presenting the Interim budget for 2014-15, the Finance Minister P.Chidambaram proposed a venture capital fund to promote entrepreneurship among scheduled castes and scheduled tribes. What will be the initial capital for the fund?
1) Rs.200 cr
2) Rs.100 cr
3) Rs.150 cr
4) Rs.50 cr
5) Rs.250 cr
13. On 10 March 2014, the Central Government declared to build 200 low cost airports in the coming...
1) 5 years
2) 15 years
3) 100 years
4) 50 years
5) 20 years
14. In a landmark judgment, the Supreme Court recognized whom as third category of gender and directed Centre and states to grant them all facilities including voters ID, passport and driving license on 15 April 2014?
1) Lesbians
2) Homosexuals
3) 1 & 2
4) Transgender
5) None of above
15. India Inclusive Innovation Fund (IIIF) was launched by the National Innovation Council (NIC) and the Union Ministry of Micro, Small and Medium Enterprises (MSME). NIC headed by?
1) Santha Sinha
2) P.L.Punia
3) Rameswar Oran
4) Sam Pitroda
5) S.Ramadorai
16. Which nation maintained the top spot in the world in foreign exchange remittances from its migratory workforce during 2013?
1) China
2) Japan
3) India
4) Zimbabwe
5) Australia
17. Global remittance flows to India have witnessed a sharp surge to $7.18 billion in 2013. Which of the following states in India is the top recipient, contributing 33% to the total remittances?
1) Gujarat
2) Kerala
3) Maharashtra
4) Odisha
5) Delhi
18. Kalisindh Super Thermal Power Plant located in...
1) Rajasthan
2) Odisha
3) West Bengal
4) AP
5) None
19. One of the famous Indian sportspersons released his/ her autobiography 'Unbreakable' in the month of December 2013. Name the sportsperson correctly?
1) Saina Nehwal
2) Sachin Tendulkar
3) Sushil Kumar
4) K.Srikanth
5) Mary Kom
20. 'Crusader or Conspirator? Coalgate and other Truths' written by whom released on 14 April 2014 in New Delhi?
1) Sanjaya Baru
2) Pavan Choudary
3) PC Parakh
4) Kushwanth Singh
5) None of above
21. Global Indian Award conferred on whom on 26 April 2014 for his remarkable vision and leadership?
1) Sam Pitroda
2) Narayana Murthy
3) Ratan Tata
4) Pallonji Mistry
5) None
22. Eugene Fama, Lars Peter Hansen and Robert Shiller received Noble Prize 2013 in the field of Economics for their work on creating a deeper knowledge of...
1) how demand and supply determine the prices.
2) how stock markets respond to political decisions.
3) how WPI inflation method go wrong.
4) how EU crisis down the growth of world economy.
5) how market prices move.
23. Who won the Millennium Technology Prize 2014 for discoveries leading to a thousand-fold increase in digital data storage on magnetic disks?
1) Ratan Tata
2) Laxmi Nivas Mittal
3) Stuart Parkin
4) Milan Vojnovic
5) None
24. Which women Economist became the Chairman of USA Federal Reserve on 3 February 2014?
1) Navaneetham Pillai
2) Suma Chakravarthi
3) Janet Yellen
4) Christine Lagarde
5) None
25. Prime Minister of Nepal is ...
1) Sushil Koirala
2) Khil Raj Regmi
3) Baburam Bhattarai
4) Jhala Nath Khanal
5) Madhav Kumar Nepal
26. Matteo Renzi sworn in as the youngest Prime Minister of?
1) Sweden
2) Canada
3) Italy
4) Philippines
5) None
27. Abdelaziz Bouteflika elected as the President of Algeria for the fourth time consecutively on 18 April 2014. Currency of Algeria is..
1) Dinar
2) Rupee
3) Yuan
4) Dirham
5) Dollar
ANSWERS:
1-3, 2-1, 3-5, 4-4, 5-5, 6-3, 7-5, 8-1, 9-4, 10-1
11-3, 12-1, 13-5, 14-4, 15-4, 16-3, 17-2, 18-1, 19-5, 20-3,
21-2, 22-5, 23-3, 24-3, 25-1, 26-3, 27-1
1) At what rate of interest banks offer the funds to Reserve Bank of India.
2) At what rate of interest World Bank offer the funds to Central Government for not less than the period of 364 days.
3) At what rate of interest banks barrow the funds from Reserve Bank of India for short term.
4) At what rate of interest banks barrow the funds from the other banks for long term.
5) At what rate of interest Central Government barrow the funds from the other banks for long term.
2. Present Repo Rate is ...
1) 8.00 percent
2) 8.25 percent
3) 7.00 percent
4) 9.00 percent
5) 23 percent
3. The repo rate of RBI not applicable to?
1) Public Sector Banks
2) Private Sector Banks
3) SBI
4) IDBI
5) Non-Banking Finance
Companies
4. If the Repo Rate increases by Reserve Bank of India, rate of interest of the loans offered by the banks...
1) decrease
2) become zero
3) become 100 percent
4) increase
5) None of above
5. To control Inflation...
1) RBI decreases the Repo Rate
2) RBI ask the Central Government to increase the Repo Rate
3) RBI cancels the option of Repo Rate
4) RBI declares Repo Rate as zero percent
5) RBI increases the Repo Rate
6. Reverse Repo Rate means?
1) The rate at which Reserve Bank of India (RBI) borrows money from Central Government.
2) The rate at which state governments borrows money from banks.
3) The rate at which Reserve Bank of India (RBI) borrows money from banks.
4) The rate at which Reserve Bank of India (RBI) borrows money from State Government.
5) The rate at which Reserve Bank of India (RBI) borrows money from World bank.
7. The present Reverse Repo Rate is?
1) 8.25 percent
2) 8.50 percent
3) 9.00 percent
4) 23.00 percent
5) 7.00 percent
8. A financial contract that derives its value from another asset or an index of asset values is called...
1) Derivative
2) Share
3) NAV
4) Maturity
5) None
9. In the Interim Budget 2014-15, the Finance Minister promised to provide how much capital in the form of capital infusion to Public Sector banks?
1) Rs.10,000 crore
2) Rs.14,500 crore
3) Rs.8,750 crore
4) Rs.11,200 crore
5) None
10. Finance Ministers and Central Bank Governors of the G-20 major economies organized between 22 February and 24 February 2014 in?
1) Australia
2) India
3) USA
4) UK
5) Canada
11. Which private bank of India which has commenced its operations at Shanghai in China on 8 Jan 2014?
1) Kotak Mahindra Bank
2) KVB
3) Axis Bank
4) ICICI
5) YES Bank
12. Presenting the Interim budget for 2014-15, the Finance Minister P.Chidambaram proposed a venture capital fund to promote entrepreneurship among scheduled castes and scheduled tribes. What will be the initial capital for the fund?
1) Rs.200 cr
2) Rs.100 cr
3) Rs.150 cr
4) Rs.50 cr
5) Rs.250 cr
13. On 10 March 2014, the Central Government declared to build 200 low cost airports in the coming...
1) 5 years
2) 15 years
3) 100 years
4) 50 years
5) 20 years
14. In a landmark judgment, the Supreme Court recognized whom as third category of gender and directed Centre and states to grant them all facilities including voters ID, passport and driving license on 15 April 2014?
1) Lesbians
2) Homosexuals
3) 1 & 2
4) Transgender
5) None of above
15. India Inclusive Innovation Fund (IIIF) was launched by the National Innovation Council (NIC) and the Union Ministry of Micro, Small and Medium Enterprises (MSME). NIC headed by?
1) Santha Sinha
2) P.L.Punia
3) Rameswar Oran
4) Sam Pitroda
5) S.Ramadorai
16. Which nation maintained the top spot in the world in foreign exchange remittances from its migratory workforce during 2013?
1) China
2) Japan
3) India
4) Zimbabwe
5) Australia
17. Global remittance flows to India have witnessed a sharp surge to $7.18 billion in 2013. Which of the following states in India is the top recipient, contributing 33% to the total remittances?
1) Gujarat
2) Kerala
3) Maharashtra
4) Odisha
5) Delhi
18. Kalisindh Super Thermal Power Plant located in...
1) Rajasthan
2) Odisha
3) West Bengal
4) AP
5) None
19. One of the famous Indian sportspersons released his/ her autobiography 'Unbreakable' in the month of December 2013. Name the sportsperson correctly?
1) Saina Nehwal
2) Sachin Tendulkar
3) Sushil Kumar
4) K.Srikanth
5) Mary Kom
20. 'Crusader or Conspirator? Coalgate and other Truths' written by whom released on 14 April 2014 in New Delhi?
1) Sanjaya Baru
2) Pavan Choudary
3) PC Parakh
4) Kushwanth Singh
5) None of above
21. Global Indian Award conferred on whom on 26 April 2014 for his remarkable vision and leadership?
1) Sam Pitroda
2) Narayana Murthy
3) Ratan Tata
4) Pallonji Mistry
5) None
22. Eugene Fama, Lars Peter Hansen and Robert Shiller received Noble Prize 2013 in the field of Economics for their work on creating a deeper knowledge of...
1) how demand and supply determine the prices.
2) how stock markets respond to political decisions.
3) how WPI inflation method go wrong.
4) how EU crisis down the growth of world economy.
5) how market prices move.
23. Who won the Millennium Technology Prize 2014 for discoveries leading to a thousand-fold increase in digital data storage on magnetic disks?
1) Ratan Tata
2) Laxmi Nivas Mittal
3) Stuart Parkin
4) Milan Vojnovic
5) None
24. Which women Economist became the Chairman of USA Federal Reserve on 3 February 2014?
1) Navaneetham Pillai
2) Suma Chakravarthi
3) Janet Yellen
4) Christine Lagarde
5) None
25. Prime Minister of Nepal is ...
1) Sushil Koirala
2) Khil Raj Regmi
3) Baburam Bhattarai
4) Jhala Nath Khanal
5) Madhav Kumar Nepal
26. Matteo Renzi sworn in as the youngest Prime Minister of?
1) Sweden
2) Canada
3) Italy
4) Philippines
5) None
27. Abdelaziz Bouteflika elected as the President of Algeria for the fourth time consecutively on 18 April 2014. Currency of Algeria is..
1) Dinar
2) Rupee
3) Yuan
4) Dirham
5) Dollar
ANSWERS:
1-3, 2-1, 3-5, 4-4, 5-5, 6-3, 7-5, 8-1, 9-4, 10-1
11-3, 12-1, 13-5, 14-4, 15-4, 16-3, 17-2, 18-1, 19-5, 20-3,
21-2, 22-5, 23-3, 24-3, 25-1, 26-3, 27-1
