1. On 3 June 2014, RBI announced its second bi-monthly monetary policy review, in which SLR reduced by?
1) 25 basis points
2) 100 basis points
3) 75 basis points
4) 125 basis points
5) 50 basis points
2. New SLR 22.5% effective from ......
1) 1 July, 2014
2) 1 August, 2014
3) 1 April, 2015
4) 14 June, 2014
5) None
3. On 3 June 2014, RBI decided to continue to provide liquidity under 7-day and 14-day term repos of up to ........ percent of NDTL (Net Demand and Time Liabilities) of the banking system?
1) 1.5
2) 2.0
3) 2.5
4) 1.75
5) 0.75
4. RBI reduced the liquidity provided under the Export Credit Refinance (ECR) facility from 50 percent of eligible Export Credit Outstanding to ......
1) 10%
2)18%
3) 32%
4) 22%
5) 12 %
5. RBI moved away from the sector-finance refinance on the recommendations of ....
1) K.C. Chakravarthy Committee
2) H.R. Khan Committee
3) Urjit Patel Committee
4) Anand Singh Committee
5) None of above
6. The RBI decided to enhance the eligible limit for foreign exchange remittances under the Liberalised Remittance Scheme (LRS) to ...... from the earlier $75,000.
1) $80,000
2) $95,000
3) $1,50,000
4) $2,00,000
5) $1,25,000
7. CPI (Consumer Price Index) inflation, which accelerated to 8.59% in April 2014, targeted down to ....... by January 2015 as per the statement of Raghuram Rajan?
1) 7.5%
2) 6.5%
3) 8.0%
4) 7.0%
5) None
8. RBI’s estimated the GDP expansion coming in at ...... percent for the FY 2014-15?
1) 6
2) 6.5
3) 5.5
4) 8.0
5) None
9. RBI allowed banks to provide loans with tenures of up to .... years to exporters to help them ensure capital flows to fulfil long-term contract on 21 May, 2014?
1) 20
2) 25
3) 10
4) 18
5) None
10. On 22 May 2014, Agence Francaise de Developpement (AFD) extended Line Of Credit (LOC) of ...... million euro to Indian Renewable Energy Development Agency Ltd. (IREDA)?
1) 150
2) 200
3) 500
4) 125
5) 100
11. On 29 May 2014, India was granted $1006.20 million for Sarva Shiksha Abhiyan III, the largest ongoing education for all programme in the world by?
1) IDA
2) ADB
3) ODA
4) IMF
5) World Bank
12. Hiroshi Naka was appointed as the Vice President and Auditor General of .......
1) IDA
2) IMF
3) World bank
4) AFD
5) None
13. Which bank name included in second schedule of RBI Act, 1934 on 21 May 2014?
1) Bank of Baroda
2) NABARD
3) Bharathiya Mahila Bank
4) CITI Bank
5) ABN AMRO
14. Minors above ....... years of age can open and operate savings bank account independently as declared by RBI on 7 May 2014?
1) 7
2) 8
3) 10
4 ) 5
5) 3
15. First state Co-operative Bank to have its own ‘Ru-Pay’ ATM cum Debit Card is?
1) Himachal Pradesh
2) Bihar
3) Tamilnadu
4) Rajasthan
5) None
16. The delivery channel for the banking sector in India is ........
1) Call centre
2) Branch
3) Internet
4) Kiosk
5) All of above
17. In the context of banking sector, DRT is associated with ......
1) Recurring Deposits
2) Demand and time liabilities of banks
3) Deposit insurance
4) Loan recovery
5) FDI in banks
18. Debt security issued by companies, having a certain maturity and bearing a stated Coupon Rate is called?
1) Wallet
2) Share
3) Pledge
4) Debenture
5) Lien
19. Which of the following banks manage the general banking and debt account of Telangana state born on 2 June 2014?
1) SBI
2) SIDBI
3) RBI
4) BOB
5) Andhra Bank
20. As a part of Narendra Modi swearing ceremony, SAARC (South Asian Association for Regional Cooperation) Nations leaders attended. Pick the wrong combination?
1) Afghanistan President- Thein Sein.
2) Speaker of Bangladesh Parliament- Dr. Shirin Sharmin Chaudhury.
3) Prime Minister of Pakistan - Nawaz Sharif
4) Prime Minister of Nepal- Sushil Koirala.
5) Prime Minister of Mauritius-
Navinchandra Ramgoolam.
21. To unearth black money, Narendra Modi govt constituted a Special Investigative Team (SIT) on 28 may 2014. Find the correct statement regarding SIT?
1) It will be headed by retired Supreme Court judge Justice MB Shah.
2) Former Supreme Court judge Arijit Pasayat will be the vice-chairman of the panel.
3) Revenue Secretary, CBI and IB directors, Enforcement Directorate official, CBDT Chairman and RBI deputy governor are the panel members.
4) It has the responsibility and duties of investigation, initiation of proceedings and prosecution in cases involving unaccounted money.
5) All of above
22. Operation Green Hunt is associated with?
1) Supply of water to fields in India, not to dry up.
2) Displacing tribal population from national mineral reserves.
3) Sending green corps to the forests to save Green.
4) Appointing Green Police.
5) Counter-insurgency operations against the Maoists.
23. UNCTAD means?
1) United Nations Conference on Trade and Development
2) Union Nations Conference on Trade and Development
3) United Nations Concurrence on Trade and Development
4) United Nodal Conference on Trade and
Development.
5) None
24. Pawan Kumar Chamling has been sworn in as the Chief Minister of ....... on 21 May 2014?
1) Sikkim
2) Meghalaya
3) Tripura
4) Odisha
5) Arunachal Pradesh
25. Who sworn-in as first woman Chief Minister of Gujarat on 22 May 2014?
1) Kamal Beniwal
2) Shushma Swaraj
3) Anandiben Patel
4) Behi Bai patel
5) None
26. A giant torch was unveiled on 17 April 2014 in the honour of which Indian spiritual leader?
1) Chinmoy Kumar Ghose
2) Dalailama
3) Kanchi Sankaracharya
4) OSHO
5) Pandit Ravishankar
27. National Green Tribunal (NGT) on 29 April 2014 prohibited dumping of sewage and waste materials at?
1) Dump Yards
2) Remote uninhabited areas
3) Closed earthen pockets
4) Wet lands
5) None
28. ........ became the first Indian to receive the prestigious Harvard Medal on 29 May 2014?
1) RatanTata
2) Anand G Mahindra
3) Narayan Murthy
4) Raghuveeran
5) None
29. On 29 May 2014, which medal was awarded to the eight Indian soldiers, who lost their lives in peacekeeping operations in 2013?
1) U-Thant
2) UNKF
3) Nobel Peace
4) Templeton
5) Dag Hammarskjold medal
30. Books of Arundhati Roy given. Pick the wrong one?
1) Listening to Grasshoppers
2) Swamy and His Friends
3) The Shape of the Beast
4) The God of Small Things
5) The Algebra of Infinite Justice
31. 'A Bend in the River' written by ......
1) V.S. Naipal
2) Chetan Bhagath
3) Amit Chaudhari
4) Vikram Seth
5) None
32. National Girl Child Day celebrated on?
1) August 14
2) June 25
3) November 25
4) January 24
5) July 3
33. World Consumer Rights Day is celebrated on .......
1) November 30
2) April 15
3) March 15
4) January 25
5) August 25
34. International Labour Day celebrated on?
1) February 2
2) November 1
3) December 1
4) May 1
5) July 1
35. Central Statistical Organisation (CSO) released Provisional and Quarterly Estimate of National Income for the financial year 2013-14. Locate the wrong option?
1) Gross Domestic Product (GDP) growth rate records at 4.7 percent in 2013-14.
2) GDP grows at 4.7% for 2013-14 against 4.5% in 2012-13.
3) Per capita net national income in real terms during 2013-14 is estimated at Rs.49904 as compared to Rs.38856 in 2012-13.
4) GDP growth rate in quarter 4 of the financial year 2013-14 is estimated to be 4.6%.
5) Growth rate in per capita income is estimated at 2.7 percent during 2013-14 as against 2.1 percent during 2012-13.
36. On 2 June 2014, Indian Air Force and which Air Force commenced the bilateral exercise Garuda V at Jodhpur Air Base?
1) German
2) Italian
3) Pakistan
4) US
5) French
37. Solar Impulse 2 made its inaugural flight on 2 May 2014 from Payerne Airfield in?
1) Italy
2) India
3) USA
4) Switzerland
5) Japan
38. Which two nations exercised their veto power against a draft resolution intended to refer the Syrian civil war to the International Criminal Court (ICC) on 22 May 2014?
1) China and France
2) Russia and USA
3) China and Russia
4) UK and USA
5) USA and China
39. Srichand and Gopichand Hinduja became the top billionaires in ...... as per the data released on 11 May 2014?
1) USA
2) France
3) Italy
4) UK
5) Switzerland
40. Top two world’s most expensive economies as per the data released by the World Bank is?
1) India and Pakistan
2) USA and UK
3) China and Switzerland
4) Switzerland and France
5) Switzerland and Norway
41. RBI has sold SDR to the International Monetary Fund (IMF) for interim payment to the government to reduce the fiscal deficit in the current financial year on 7 March 2014. SDR stands for ......
1) Share Drawing Rights
2) Sovereign Drawing Rights
3) Special Drawing Rights
4) Structural Drawing Rights
5) None
42. Lewis Clarke is the youngest person set a record to trek to the South Pole. He belongs to?
1) USA
2) UK
3) India
4) Japan
5) New Zealand
43. Which nation got One-Billion Euro assistance package from European Union on 14th April 2014?
1) Russia
2) Afghanistan
3) Ukraine
4) Australia
5) Syria
44. Ukraine currency is?
1) Hryvnia
2) Ruble
3) Dinar
4) Peso
5) Rupee
45. To which neighbor nation India declared the Line Of Credit (LOC) of $1 billion on 13 March 2014 for infra development?
1) Nepal
2) Bhutan
3) Pakistan
4) Afghanistan
5) Bangladesh
ANSWERS:
1-5, 2-4, 3-5, 4-3, 5-3, 6-5, 7-3, 8-3, 9-3, 10-5
11-5, 12-3, 13-3, 14-3, 15-1, 16-5, 17-4, 18-4, 19-3, 20-1
21-5, 22-5, 23-1, 24-1, 25-3, 26-1, 27-4, 28-2, 29-5, 30-2
31-1, 32-4, 33-3, 34-4, 35-3, 36-5, 37-4, 38-3, 39-4, 40-5
41-3, 42-2, 43-3, 44-1, 45-5.
1) 25 basis points
2) 100 basis points
3) 75 basis points
4) 125 basis points
5) 50 basis points
2. New SLR 22.5% effective from ......
1) 1 July, 2014
2) 1 August, 2014
3) 1 April, 2015
4) 14 June, 2014
5) None
3. On 3 June 2014, RBI decided to continue to provide liquidity under 7-day and 14-day term repos of up to ........ percent of NDTL (Net Demand and Time Liabilities) of the banking system?
1) 1.5
2) 2.0
3) 2.5
4) 1.75
5) 0.75
4. RBI reduced the liquidity provided under the Export Credit Refinance (ECR) facility from 50 percent of eligible Export Credit Outstanding to ......
1) 10%
2)18%
3) 32%
4) 22%
5) 12 %
5. RBI moved away from the sector-finance refinance on the recommendations of ....
1) K.C. Chakravarthy Committee
2) H.R. Khan Committee
3) Urjit Patel Committee
4) Anand Singh Committee
5) None of above
6. The RBI decided to enhance the eligible limit for foreign exchange remittances under the Liberalised Remittance Scheme (LRS) to ...... from the earlier $75,000.
1) $80,000
2) $95,000
3) $1,50,000
4) $2,00,000
5) $1,25,000
7. CPI (Consumer Price Index) inflation, which accelerated to 8.59% in April 2014, targeted down to ....... by January 2015 as per the statement of Raghuram Rajan?
1) 7.5%
2) 6.5%
3) 8.0%
4) 7.0%
5) None
8. RBI’s estimated the GDP expansion coming in at ...... percent for the FY 2014-15?
1) 6
2) 6.5
3) 5.5
4) 8.0
5) None
9. RBI allowed banks to provide loans with tenures of up to .... years to exporters to help them ensure capital flows to fulfil long-term contract on 21 May, 2014?
1) 20
2) 25
3) 10
4) 18
5) None
10. On 22 May 2014, Agence Francaise de Developpement (AFD) extended Line Of Credit (LOC) of ...... million euro to Indian Renewable Energy Development Agency Ltd. (IREDA)?
1) 150
2) 200
3) 500
4) 125
5) 100
11. On 29 May 2014, India was granted $1006.20 million for Sarva Shiksha Abhiyan III, the largest ongoing education for all programme in the world by?
1) IDA
2) ADB
3) ODA
4) IMF
5) World Bank
12. Hiroshi Naka was appointed as the Vice President and Auditor General of .......
1) IDA
2) IMF
3) World bank
4) AFD
5) None
13. Which bank name included in second schedule of RBI Act, 1934 on 21 May 2014?
1) Bank of Baroda
2) NABARD
3) Bharathiya Mahila Bank
4) CITI Bank
5) ABN AMRO
14. Minors above ....... years of age can open and operate savings bank account independently as declared by RBI on 7 May 2014?
1) 7
2) 8
3) 10
4 ) 5
5) 3
15. First state Co-operative Bank to have its own ‘Ru-Pay’ ATM cum Debit Card is?
1) Himachal Pradesh
2) Bihar
3) Tamilnadu
4) Rajasthan
5) None
16. The delivery channel for the banking sector in India is ........
1) Call centre
2) Branch
3) Internet
4) Kiosk
5) All of above
17. In the context of banking sector, DRT is associated with ......
1) Recurring Deposits
2) Demand and time liabilities of banks
3) Deposit insurance
4) Loan recovery
5) FDI in banks
18. Debt security issued by companies, having a certain maturity and bearing a stated Coupon Rate is called?
1) Wallet
2) Share
3) Pledge
4) Debenture
5) Lien
19. Which of the following banks manage the general banking and debt account of Telangana state born on 2 June 2014?
1) SBI
2) SIDBI
3) RBI
4) BOB
5) Andhra Bank
20. As a part of Narendra Modi swearing ceremony, SAARC (South Asian Association for Regional Cooperation) Nations leaders attended. Pick the wrong combination?
1) Afghanistan President- Thein Sein.
2) Speaker of Bangladesh Parliament- Dr. Shirin Sharmin Chaudhury.
3) Prime Minister of Pakistan - Nawaz Sharif
4) Prime Minister of Nepal- Sushil Koirala.
5) Prime Minister of Mauritius-
Navinchandra Ramgoolam.
21. To unearth black money, Narendra Modi govt constituted a Special Investigative Team (SIT) on 28 may 2014. Find the correct statement regarding SIT?
1) It will be headed by retired Supreme Court judge Justice MB Shah.
2) Former Supreme Court judge Arijit Pasayat will be the vice-chairman of the panel.
3) Revenue Secretary, CBI and IB directors, Enforcement Directorate official, CBDT Chairman and RBI deputy governor are the panel members.
4) It has the responsibility and duties of investigation, initiation of proceedings and prosecution in cases involving unaccounted money.
5) All of above
22. Operation Green Hunt is associated with?
1) Supply of water to fields in India, not to dry up.
2) Displacing tribal population from national mineral reserves.
3) Sending green corps to the forests to save Green.
4) Appointing Green Police.
5) Counter-insurgency operations against the Maoists.
23. UNCTAD means?
1) United Nations Conference on Trade and Development
2) Union Nations Conference on Trade and Development
3) United Nations Concurrence on Trade and Development
4) United Nodal Conference on Trade and
Development.
5) None
24. Pawan Kumar Chamling has been sworn in as the Chief Minister of ....... on 21 May 2014?
1) Sikkim
2) Meghalaya
3) Tripura
4) Odisha
5) Arunachal Pradesh
25. Who sworn-in as first woman Chief Minister of Gujarat on 22 May 2014?
1) Kamal Beniwal
2) Shushma Swaraj
3) Anandiben Patel
4) Behi Bai patel
5) None
26. A giant torch was unveiled on 17 April 2014 in the honour of which Indian spiritual leader?
1) Chinmoy Kumar Ghose
2) Dalailama
3) Kanchi Sankaracharya
4) OSHO
5) Pandit Ravishankar
27. National Green Tribunal (NGT) on 29 April 2014 prohibited dumping of sewage and waste materials at?
1) Dump Yards
2) Remote uninhabited areas
3) Closed earthen pockets
4) Wet lands
5) None
28. ........ became the first Indian to receive the prestigious Harvard Medal on 29 May 2014?
1) RatanTata
2) Anand G Mahindra
3) Narayan Murthy
4) Raghuveeran
5) None
29. On 29 May 2014, which medal was awarded to the eight Indian soldiers, who lost their lives in peacekeeping operations in 2013?
1) U-Thant
2) UNKF
3) Nobel Peace
4) Templeton
5) Dag Hammarskjold medal
30. Books of Arundhati Roy given. Pick the wrong one?
1) Listening to Grasshoppers
2) Swamy and His Friends
3) The Shape of the Beast
4) The God of Small Things
5) The Algebra of Infinite Justice
31. 'A Bend in the River' written by ......
1) V.S. Naipal
2) Chetan Bhagath
3) Amit Chaudhari
4) Vikram Seth
5) None
32. National Girl Child Day celebrated on?
1) August 14
2) June 25
3) November 25
4) January 24
5) July 3
33. World Consumer Rights Day is celebrated on .......
1) November 30
2) April 15
3) March 15
4) January 25
5) August 25
34. International Labour Day celebrated on?
1) February 2
2) November 1
3) December 1
4) May 1
5) July 1
35. Central Statistical Organisation (CSO) released Provisional and Quarterly Estimate of National Income for the financial year 2013-14. Locate the wrong option?
1) Gross Domestic Product (GDP) growth rate records at 4.7 percent in 2013-14.
2) GDP grows at 4.7% for 2013-14 against 4.5% in 2012-13.
3) Per capita net national income in real terms during 2013-14 is estimated at Rs.49904 as compared to Rs.38856 in 2012-13.
4) GDP growth rate in quarter 4 of the financial year 2013-14 is estimated to be 4.6%.
5) Growth rate in per capita income is estimated at 2.7 percent during 2013-14 as against 2.1 percent during 2012-13.
36. On 2 June 2014, Indian Air Force and which Air Force commenced the bilateral exercise Garuda V at Jodhpur Air Base?
1) German
2) Italian
3) Pakistan
4) US
5) French
37. Solar Impulse 2 made its inaugural flight on 2 May 2014 from Payerne Airfield in?
1) Italy
2) India
3) USA
4) Switzerland
5) Japan
38. Which two nations exercised their veto power against a draft resolution intended to refer the Syrian civil war to the International Criminal Court (ICC) on 22 May 2014?
1) China and France
2) Russia and USA
3) China and Russia
4) UK and USA
5) USA and China
39. Srichand and Gopichand Hinduja became the top billionaires in ...... as per the data released on 11 May 2014?
1) USA
2) France
3) Italy
4) UK
5) Switzerland
40. Top two world’s most expensive economies as per the data released by the World Bank is?
1) India and Pakistan
2) USA and UK
3) China and Switzerland
4) Switzerland and France
5) Switzerland and Norway
41. RBI has sold SDR to the International Monetary Fund (IMF) for interim payment to the government to reduce the fiscal deficit in the current financial year on 7 March 2014. SDR stands for ......
1) Share Drawing Rights
2) Sovereign Drawing Rights
3) Special Drawing Rights
4) Structural Drawing Rights
5) None
42. Lewis Clarke is the youngest person set a record to trek to the South Pole. He belongs to?
1) USA
2) UK
3) India
4) Japan
5) New Zealand
43. Which nation got One-Billion Euro assistance package from European Union on 14th April 2014?
1) Russia
2) Afghanistan
3) Ukraine
4) Australia
5) Syria
44. Ukraine currency is?
1) Hryvnia
2) Ruble
3) Dinar
4) Peso
5) Rupee
45. To which neighbor nation India declared the Line Of Credit (LOC) of $1 billion on 13 March 2014 for infra development?
1) Nepal
2) Bhutan
3) Pakistan
4) Afghanistan
5) Bangladesh
ANSWERS:
1-5, 2-4, 3-5, 4-3, 5-3, 6-5, 7-3, 8-3, 9-3, 10-5
11-5, 12-3, 13-3, 14-3, 15-1, 16-5, 17-4, 18-4, 19-3, 20-1
21-5, 22-5, 23-1, 24-1, 25-3, 26-1, 27-4, 28-2, 29-5, 30-2
31-1, 32-4, 33-3, 34-4, 35-3, 36-5, 37-4, 38-3, 39-4, 40-5
41-3, 42-2, 43-3, 44-1, 45-5.
