AUG 2014

9 AUGUST 2014

Ques. : 1 The World Health Organisation (WHO) declared the outbreak of which of the following diseases in West Africa to be an international public health emergency that requires an extraordinary response to stop its spread?
1) Ebola 2) MERS
3) Swine Flu 4) Japanese Encephalitis
5) None of these Answer:- 1) Ebola

Ques. : 2 The govt has increased the clean energy cess on coal from Rs 50 per ton to ______, recently, to raise more revenue for clean energy and cross subsidising solar and other renewable energy.
1) Rs 100 2) Rs 150
3) Rs 200 4) Rs 250
5) None of these Answer:- 1) Rs 100

Ques. : 3 Which of the following states has no Regional Rural Bank (RRB)?
1) Maharashtra 2) Goa
3) Tamil Nadu 4) Karnataka
5) None of these Answer:- 2) Goa

Ques. : 4 Miihier Singh is all set to represent India at the 48th Asian Championship of _________ in Macau in China.
1) Bodybuilding 2) Chess
3) Weightlifting 4) Wrestling
5) None of these Answer:- 1) Bodybuilding

Ques. : 5 Deepika Kumari is associated with which of the following games?
1) Shooting 2) Boxing
3) Archery 4) Badminton
5) None of these Answer:- 3) Archery

Ques. : 6 Who among the following is the Union Environment, Forest and Climate Change Minister of India at present? He addressed the 18th BASIC ministerial meeting on climate change in New Delhi recently.
1) Ananth Kumar 2) Inderjit Singh Rao
3) Prakash Javadekar 4) Dharmendra Pradhan
5) None of these Answer:- 3) Prakash Javadekar

Ques. : 7 Which of the following countries has launched a mission to map Arctic seabed to support its bid to extend its territory in the region? The region is believed to include large oil and gas reserves.
1) Russia 2) Canada
3) Norway 4) Sweden
5) None of these Answer:- 2) Canada

Ques. : 8 Sushma Swaraj visited Myanmar to participate in ASEAN-India Ministerial meeting recently. Which of the following is the capital city of Myanmar?
1) Yangon 2) Mandalay
3) Mergui 4) Nay Pyi Taw
5) None of these Answer:- 4) Nay Pyi Taw

Ques. : 9 Name the Speaker of the US House of Representatives who has invited Prime Minister Narendra Modi to address a joint session of the US Congress at a date convenient to him during his upcoming US visit.
1) Mitch McConnell 2) John Boehner
3) Nancy Pelosi 4) Eric Cantor
5) None of these Answer:- 2) John Boehner

Ques. : 10 The visiting Indian Men’s Hockey team thrashed which of the following countries 5-1 in their second match to clinch the three-match test series recently?
1) Japan 2) Malaysia
3) South Korea 4) Bangladesh
5) None of these Answer:- 4) Bangladesh

8 AUGUST 2014

1. Currently, what is the Bank Rate as specified by the Reserve Bank of India (RBI)?
1) 7 per cent
2) 8 per cent
3) 9 per cent
4) 9.5 per cent
5) None of these Answer-3) 9 per cent

2. Who among the following has written the book ‘Half Girlfriend’?
1) Amish Tripathi
2) Chetan Bhagat
3) Ravinder Singh
4) Durjoy Datta
5) None of these Answer-2) Chetan Bhagat

3. The Hiroshima day was observed recently on which of the following dates? On this day in 1945, an atom bomb was dropped by the US on Hiroshima in one of the final chapters of World War II.
1) Aug 6
2) Aug 7
3) Aug 9
4) Aug 10
5) None of these Answer-1) Aug 6

4. The 41st Chess Olympiad was held recently in which of the following cities?
1) Tromso, Norway
2) Belgrade, Serbia
3) Sofia, Bulgaria
4) Havana, Cuba 
5) None of these Answer-1) Tromso, Norway

5. The RBI announced its bimonthly policy review on 5 Aug 2014. Which of the following is NOT correct in the light of the policy review?
1) Repo rate – 7 per cent
2) Cash Reserve Ratio – 4 per cent
3) Statutory Liquidity Ratio – 22 per cent
4) Marginal Standing Facility – 9 per cent
5) None of these Answer-1) Repo rate – 7 per cent

6. Pran Kumar Sharma, who died, recently, was an eminent
1) novelist
2) guitarist
3) cartoonist
4) historian
5) None of these Answer-3) cartoonist

7. Nirmala Sitharaman is holding which of the following Union Ministries as of now? Minister of State (Independent Charge) for
1) Ministry of Commerce and Industry
2) Ministry of Skill Development, Entrepreneurship, Youth Affairs and Sports
3) Ministry of Planning, Statistics and Programme Implementation
4) Ministry for Development of North Eastern Region
5) None of these Answer-1) Ministry of Commerce and Industry

8. India has put on hold all defence procurements from the Finmeccannica company and its affiliate firms in the wake of an alleged chopper scam. This company is based in
1) France
2) Italy
3) Israel
4) Sweden
5) None of these Answer-2) Italy

9. The 18th BASIC Ministerial Meeting was held in which of the following cities recently? The Environment Ministers of BASIC countries met to discuss important issues relating to current United Nations Framework Convention on Climate Change (UNFCCC) negotiations. 
1) Cape Town
2) Beijing
3) New Delhi
4) Brasilia
5) None of these Answer-3) New Delhi

10. A massive landslide took place in Nepal after an artificial lake was created in Sunkoshi river near Nepal-Tibet. This also poses serious flood threat to several districts of Bihar as Sunkoshi flows across the border into Bihar as the
1) Gandak River
2) Kosi River
3) Punpun River
4) Sone River
5) None of these Answer-2) Kosi River

7 AUGUST 2014

Ques. : 1 The EU has signed controversial Horizon 2020 Project with which of the following countries, recently?
1) US 2) China
3) Japan 4) Israel
5) None of these Answer:- 4) Israel

Ques. : 2 Which of the following armed forces in India has launched a portal as an initiative that would enable the veterans and their dependents to take up their grievances with the concerned agencies at the click of a button?
1) Indian Army 2) Indian Navy
3) Indian Air Force 4) Border Security Force
5) Central Reserve Police Force Answer:- 1) Indian Army

Ques. : 3 Who among the following has authored the book titled ‘The Wrong Enemy: America in Afghanistan, 2001-14’?
1) Roshen Dalal 2) Carlotta Gall
3) Jo Nesbo 4) Donna Tartt
5) None of these Answer:- 2) Carlotta Gall

Ques. : 4 The sixth BRICS summit is scheduled to be held in which of the following countries in Jul which will be the first overseas multilateral visit for the Prime Minister Narendra Modi?
1) China 2) Russia
3) Brazil 4) South Africa
5) None of these Answer:- 3) Brazil

Ques. : 5 What per cent FDI is allowed in online retail companies that own inventory and sell directly to consumers?
1) 100 per cent 2) 74 per cent
3) 49 per cent 4) 26 per cent
5) FDI Not allowed Answer:- 5) FDI Not allowed

Ques. : 6 The Finance Minister Arun Jaitley chaired his first FSDC meet, recently. What is the full form of FSDC?
1) Financial Stability and Development Council 
2) Financial Suitability and Development Council
3) Financial Steering and Development Council 
4) Financial Stability and Diversification Council
5) None of these 
Answer:- 1) Financial Stability and Development Council

Ques. : 7 Which of the following is NOT decided by the RBI?
1) Bank rate 2) Base rate
3) Repo rate 4) Reverse repo rate
5) None of these Answer:- 2) Base rate

Ques. : 8 Which of the following is NOT an instrument of money market?
1) Certificate of deposit 2) Treasury bill
3) Call money 4) Share
5) None of these Answer:- 4) Share

Ques. : 9 Amnesty International is closely associated with
1) protecting human rights 
2) promoting inclusive growth worldwide
3) making earth a better abode for future generations 
4) protecting the world from the dangers of any nuclear war
5) None of these Answer:- 1) protecting human rights

Ques. : 10 Who among the following has become the first Indian to be honoured with Harvard Medal, recently?
1) Azim Premji 2) Anand Mahindra
3) Sunil Bharti Mittal 4) Adi Godrej
5) None of these Answer:- 2) Anand Mahindra

6^th Aug 2014

Ques. : 1 Who among the following is all set to be the next Speaker of the Lok Sabha?
1) Sumitra Mahajan 2) Kamal Nath
3) Murli Manohar Joshi 4) Karia Munda
5) None of these Answer:- 1) Sumitra Mahajan

Ques. : 2 In a breakthrough, scientists have found that a Martian volcano may have been home to one of the most recent habitable environments. This volcano is situated at
1) Jupiter 2) Mars
3) Mercury 4) Venus
5) None of these Answer:- 2) Mars

Ques. : 3 The 2014 Commonwealth Games are scheduled to be held in
1) Los Angeles 2) Rio
3) PyeongChang 4) Glasgow
5) None of these Answer:- 4) Glasgow

Ques. : 4 Who among the following has won the presidential election held in Syria, recently?
1) Maher Hajjar 2) Hassan al-Nouri
3) Jihad Lahan 4) Bashar Assad
5) None of these Answer:- 4) Bashar Assad

Ques. : 5 Who among the following is all set to be sworn in as the first Chief Minister of the successor state Andhra Pradesh post bifurcation?
1) Kiran Kumar Reddy 2) N Chandrababu Naidu
3) YS Jaganmohan Reddy 4) K Chandrashekar Rao
5) None of these Answer:- 2) N Chandrababu Naidu

Ques. : 6 Defence Minister Arun Jaitley plans to visit aircraft carrier INS Viraat. Which of the following is correct about INS Viraat?
1) It is the aircraft carrier procured from Russia, recently. 
2) It is a retired aircraft carrier of the Indian Navy.
3) It is one of the two operational aircraft carriers with the Indian Navy as of now. 
4) It is a fast attack vessel commissioned by the Indian Navy, recently.
5) None of these 
Answer:- 3) It is one of the two operational aircraft carriers with the Indian Navy as of now.

Ques. : 7 World Environment Day is observed on which of the following dates every year?
1) 4 Jun 2) 5 Jun
3) 8 Jun 4) 10 Jun
5) 12 Jun Answer:- 2) 5 Jun

Ques. : 8 As found by the researchers, the first direct evidence that potentially deadly Middle East respiratory virus (MERS) jumped directly from which of the following animals to humans?
1) Horses 2) Camels
3) Dogs 4) Cats
5) None of these Answer:- 2) Camels

Ques. : 9 The market regulator Sebi is likely to tweak IPO norms to boost retail participation. As per the current regulation, a company has to divest at least __________of its stake if its valuation is below Rs 4,000 cr.
1) 50 per cent 2) 40 per cent
3) 30 per cent 4) 25 per cent
5) 15 per cent Answer:- 4) 25 per cent

Ques. : 10 What is the Statutory Liquidity Ratio (SLR) at present?
1) 24 per cent 2) 23.5 per cent
3) 22 per cent 4) 22.5 per cent
5) 22.25 per cent Answer:- 4) 22.5 per cent

5 AUGUST 2014

Ques. : 1 SK Jain, who arrested by the Central Bureau of Investigation (CBI) on the charges of bribery, recently, is the Chairman and Managing Director of which of the following Public Sector Banks (PSBs)?
1) Indian Bank 2) Bank of India
3) Syndicate Bank 4) Canara Bank
5) None of these Answer:- 3) Syndicate Bank

Ques. : 2 The Glasgow Commonwealth Games concluded recently. With 64 medals India stood at which of the following positions in the Games?
1) Third 2) Fourth
3) Fifth 4) Sixth
5) None of these Answer:- 3) Fifth

Ques. : 3 India succeeded in clinching silver medal in hockey in Glasgow Commonwealth Games. Which of the following teams defeated India to win the gold?
1) Australia 2) Pakistan
3) England 4) New Zealand
5) None of these Answer:- 1) Australia

Ques. : 4 Who among the following made history by becoming the first Indian male shuttler in 32 years to win a gold medal at the Commonwealth Games?
1) Gurusai Datt 2) Parupalli Kashyap
3) Ajay Jayaram 4) Srikanth Kidambi
5) None of these Answer:- 2) Parupalli Kashyap

Ques. : 5 Which of the following provinces of China was devastated by a strong 6.5-magnitude earthquake that killed nearly 400 people recently?
1) Yunnan 2) Hainan
3) Sichuan 4) Shandong
5) None of these Answer:- 1) Yunnan

Ques. : 6 Indian Banks Association (IBA) has a common networking system for sharing the ATM facilities located in Mumbai, which is known as
1) Indian Clearing House 2) Cash Network
3) ATM network 4) Shared Payment System Network
5) None of these Answer:- 4) Shared Payment System Network

Ques. : 7 Consortium Advances refer to
1) Multiple advances 
2) Concurrent borrowing
3) Financing of consignment business 
4) Joint financing by more than one bank
5) None of these Answer:- 4) Joint financing by more than one bank

Ques. : 8 We often read about NDTL of banks in the financial newspapers. What is the full form of NDTL?
1) Net Dividend and Time Liabilities
2) Net Demand and Transfer Liabilities
3) Net Demand and Time Liabilities 
4) Net Discount and Time Liabilities
5) None of these Answer:- 3) Net Demand and Time Liabilities

Ques. : 9 The book ‘Single Man’ has been authored by
1) Sankarshan Thakur 2) Ranjit Hoskote
3) Kalyan Ray 4) Dayanita Singh
5) None of these Answer:- 1) Sankarshan Thakur

Ques. : 10 A short term govt security paper is called
1) Share 2) Debenture
3) Mutual fund 4) Treasury bill
5) None of these Answer:- 4) Treasury bill

4 AUGUST 2014

Ques. : 1 The 25th anniversary of Tiananmen Square crackdown in China, when soldiers brutally ended student-led protests in 1989, is observed on ________.
1) 1 Jun 2) 2 Jun
3) 3 Jun 4) 4 Jun
5) None of these Answer:- 4) 4 Jun

Ques. : 2 As the trends show, households in India put two-thirds of their savings in ________in 2012-13.
1) pension and insurance funds 2) physical assets
3) bonds 4) banks deposits
5) None of these Answer:- 2) physical assets

Ques. : 3 In its efforts to contain inflation in the country, the RBI announced to suck out excess liquidity, recently. The central bank uses which of the following tools to suck excess liquidity?
1) Reverse repo 2) Repo
3) CRR 4) SLR
5) None of these Answer:- 1) Reverse repo

Ques. : 4 The promoters of the Kotak Mahindra Bank reduced their stake in the lender as per the directions from the Reserve Bank of India (RBI). The RBI had asked the bank to cut its promoter holding to ________ by Sep 2014.
1) 60% 2) 40%
3) 20% 4) 10%
5) None of these Answer:- 2) 40%

Ques. : 5 The celebrated Indian sportsperson Yogeshwar Dutt is associated with which of the following games?
1) Wrestling 2) Boxing
3) Badminton 4) Short put
5) None of these Answer:- 1) Wrestling

Ques. : 6 The Reserve Bank of India (RBI) hiked the amount of foreign exchange that individuals can take out of the country to __________ in a fiscal year, recently.
1) $75,000 2) $100,000
3) $125,000 4) $200,000
5) None of these Answer:- 3) $125,000
Ques. : 7 Output of the country's eight core industries rose by 4.2 per cent in Apr 2014 compared to the same month last year. Which of the following is NOT a core industry in India?
1) Steel 2) Coal
3) Cement 4) Fertiliser
5) None of these Answer:- 5) None of these

Ques. : 8 Gopinath Munde, who died in a road accident, recently, was serving as ___________in the present Union Cabinet.
1) Rural Development Minister 
2) Agriculture Minister
3) Chemicals and Fertilizers Minister 
4) Railways Minister
5) Road Transport and Highways, Shipping Minister 
Answer:- 1) Rural Development Minister

Ques. : 9 King Juan Carlos is the present king of which of the following countries? The cabinet of the country is to discuss his abdication and the accession of his son, Crown Prince Felipe.
1) Norway 2) Spain
3) Argentina 4) Poland
5) None of these Answer:- 2) Spain

Ques. : 10 Who among the following has been given the charge as Chairman of the nation's largest company Indian Oil Corporation (IOC)?
1) PK Goyal 2) AMK Sinha
3) RS Butola 4) RK Malhotra
5) None of these Answer:- 4) RK Malhotra

3 AUGUST 2014

Ques. : 1 Name the golfer who has scripted history becoming the first India to win Indonesia Open recently?
1) Shiv Kapur 2) Anirban Lahiri
3) Jyoti Randhawa 4) Gaganjeet Bhullar
5) None of these Answer:- 4) Gaganjeet Bhullar

Ques. : 2 Five East African countries have agreed to adopt single currency recently. Which of the following is correct in this regard?
1) These countries are Kenya, Uganda, Tanzania, Rwanda, and Burundi. 2) These countries are members of the East African Community (EAC) economic group.
3) These countries have signed a protocol for the adoption of a common currency within 2 years. 
4) All the above
5) Only 1) and 2) Answer:- 5) Only 1) and 2)

Ques. : 3 Name the former Supreme Court judge and the chairman of West Bengal Human Rights Commission, who is facing allegations of sexual harassment from a young woman law intern at present?
1) Justice HL Dattu 2) Justice AK Ganguly
3) Justice RM Lodha 4) Justice GS Singhvi
5) None of these Answer:- 2) Justice AK Ganguly

Ques. : 4 Which of the following statements is/are correct with respect to Geosynchronous Satellite Launch Vehicle (GSLV) scheduled to be test launched soon?
1) The vehicle is set to be launched on 15 Dec. 
2) It is a three stage vehicle with first stage comprises S125 solid booster with four liquid (L40) strap-ons.
3) The GSLV will not be capable of launching communication satellites weighing 2000kg and above. 
4) All the above
5) Only 1) and 2) Answer:- 5) Only 1) and 2)

Ques. : 5 The book titled 'The Dwarf's Moon' has been authored by
1) Preeti Shenoy 2) Jhumpa Lahiri
3) Devdutt Pattnaik 4) Arnab Mitra
5) None of these Answer:- 4) Arnab Mitra

Ques. : 6 The Bombay Stock Exchange (BSE) has launched a platform for trading in currency and interest rate derivatives. Which of the following statements is/are correct in this regard?
1) It will now allow the rupee pair trading in dollar, euro, pound and the yen on the new currency derivatives segment. 
2) The BSE chief Ashish Chauhan said the exchange will not levy any transaction charge on trades done in the currency derivatives segment for the first six months.
3) With the launch, BSE has become the first stock exchange in the world to start currency and interest rate derivative scheme. 
4) Only 1) and 2)
5) Only 2) and 3) Answer:- 4) Only 1) and 2)

Ques. : 7 The Reserve Bank of India (RBI) has relaxed norms for non-banking finance companies (NBFCs) in insurance joint ventures. Now NBFCs are allowed to hold
1) more than 20 per cent in insurance JVs 
2) more than 30 per cent in insurance JVs
3) more than 40 per cent in insurance JVs 
4) more than 50 per cent in insurance JVs
5) None of these 
Answer:- 4) more than 50 per cent in insurance JVs

Ques. : 8 In order to ensure security in card-based payment transactions taking place at point of sale (POS) terminals or at ATMs, the RBI has advised banks to follow which of the following measures?
1) Banks may adopt Aadhaar as additional authentication 
2) Banks may move to Euro pay MasterCard Visa (EMV) chip and pin technology
3) Bank’s call centre should call and confirm every transaction 
4) All the above
5) Only 1) and 2) Answer:- 5) Only 1) and 2)

Ques. : 9 The Telecom regulatory Authority of India (Trai) has asked banks to check unsolicited commercial calls and SMSs till Dec 2013. Who among the following is chairman of the telecom regulator?
1) UK Sinha 2) Rahul Khullar
3) TS Vijayan 4) J Hari Narayan
5) None of these Answer:- 2) Rahul Khullar

Ques. : 10 Who among the following has taken over as Chief Executive of the Indian Banks’ Association (IBA) recently?
1) K Ramakrishnan 2) Pratip Chaudhuri
3) MV Tanksale 4) Rajeev Rishi
5) None of these Answer:- 3) MV Tanksale

Ques. : 11 The US has exempted which of the following countries along with India for another six months from tough financial sanctions targeting Iranian oil sales recently?
1) China 2) Turkey
3) Republic of Korea 4) All the above
5) None of the above Answer:- 4) All the above

Ques. : 12 The International Day for Persons with Disabilities is observed on
1) 1 Dec 2) 2 Dec
3) 3 Dec 4) 5 Dec
5) None of these Answer:- 3) 3 Dec

Ques. : 13 The ministerial meeting of the World Trade Organisation (WTO) was held in which of the following cities recently?
1) Kuala Lumpur 2) Bali
3) Paris 4) Frankfurt
5) None of these Answer:- 2) Bali

Ques. : 14 Who among the following has been appointed as UNICEF's first brand ambassador for South Asia recently? He will work for promoting hygiene and sanitation in the South Asian region for two years.
1) Virat Kohli 2) Shikhar Dhawan
3) Mahendra Singh Dhoni 4) Sachin Tendulkar
5) None of these Answer:- 4) Sachin Tendulkar

Ques. : 15 What is India’s position in the Transparency International's Corruption Perceptions Index 2013 released recently?
1) 127 2) 94
3) 84 4) 80
5) None of these Answer:- 2) 94

Ques. : 16 As announced by the govt recently, it aims to meet the revenue target of ________from spectrum sale this fiscal.
1) Rs 40,000 cr 2) Rs 50,000 cr
3) Rs 70,000 cr 4) Rs 80,000 cr
5) None of these Answer:- 1) Rs 40,000 cr

Ques. : 17 Canada is the recent country to object the provisions of India’s Civil Nuclear Liability Act. As per the Act, an operator of a nuclear plant will be liable for damages worth up to
1) Rs 1,000 cr 2) Rs 1,500 cr
3) Rs 2,000 cr 4) Rs 2,500 cr
5) None of these Answer:- 2) Rs 1,500 cr

Ques. : 18 The Uttar Pradesh govt and private mill owners reached an agreement over sugarcane prices recently. As agreed, the farmers will be paid the state-advised price of
1) Rs 200/quintal 2) Rs 240/quintal
3) Rs 280/quintal 4) Rs 320/quintal
5) None of these Answer:- 3) Rs 280/quintal

Ques. : 19 What does the term FPO stands for?
1) First Public Offer 2) Final Public Offer
3) Follow-on Public Offer 4) Forward Public Offer
5) None of these Answer:- 3) Follow-on Public Offer

Ques. : 20 As part of its assistance to which of the following countries, India is providing full grant assistance to set up a three-tier English Language Training System in nine provinces of the country?
1) Bangladesh 2) Pakistan
3) Sri Lanka 4) Myanmar
5) None of these Answer:- 3) Sri Lanka

Ques. : 21 The recently signed Geneva accord is associated with which of the following?
1) Chemical weapons control treaty 
2) Nuclear pact between US and Russia
3) Nuclear deal between P5+1 and Iran 
4) Climate treaty
5) None of these Answer:- 3) Nuclear deal between P5+1 and Iran

Ques. : 22 The Reserve Bank of India (RBI) has released draft guidelines for entry of banks into insurance broking business. Which of the following is NOT correct in this regard?
1) Banks desirous of offering insurance broking services have to get specific prior approval of RBI. 
2) Validity period for the approval granted for insurance broking will be ten years subject to review thereafter.
3) Aspiring banks should have a net worth of not less than Rs 500 cr and CRAR (capital to risk assets ratio) of not less than 10 per cent. 
4) Further, the draft has stipulated that the level of net non-performing assets should not be more than 3 per cent.
5) The bank should have made profits for the last three consecutive years. Answer:- 2) Validity period for the approval granted for insurance broking will be ten years subject to review thereafter.

Ques. : 23 Which of the following countries has launched an Air Defense Identification Zone (ADIZ) in the East China Sea recently?
1) South Korea 2) Japan
3) China 4) North Korea
5) None of these Answer:- 3) China

Ques. : 24 Which of the following has been made compulsory by the RBI for all debit card transactions from 1 Dec, 2013?
1) Punching PIN 2) Furnishing ID card
3) Using one-time password send by the bank 
4) Shopping at RBI-authorised point-of-sale only
5) None of these Answer:- 1) Punching PIN

Ques. : 25 The Federation Cup is associated with which of the following games in India?
1) Football 2) Hockey
3) Golf 4) Cricket
5) None of these Answer:- 1) Football

Ques. : 26 The Reserve Bank of India (RBI), recently, has allowed banks to pay interest on rupee savings and term deposits at
1) Quarterly or longer rests 2) Shorter than quarterly intervals
3) Half yearly or longer rests 4) Yearly intervals
5) None of these Answer:- 2) Shorter than quarterly intervals

Ques. : 27 The RBI has announced to launch awareness campaign for which of the following recently?
1) Using coins for small transactions 
2) Using internet banking for fund transfer
3) Not accepting soiled or damaged currency notes 
4) Not writing on currency notes
5) None of these Answer:- 4) Not writing on currency notes

Ques. : 28 In one of the biggest settlements in the pharmaceutical history, which of the following companies has agreed to pay USD 2.5 bn as compensation to around 8k US citizens for its faulty hip implants recently?
1) Unilever 2) Reckitt Benckiser
3) Johnson & Johnson 4) GlaxoSmithkline
5) None of these Answer:- 3) Johnson & Johnson

Ques. : 29 India’s first indigenous nuclear submarine is scheduled to head for the open seas for extensive trials in early 2014. Name the submarine
1) INS Sindhugosh 2) INS Arihant
3) INS Chakra 4) INS Sindhurakshak
5) None of these Answer:- 2) INS Arihant

Ques. : 30 All restrictions have been removed on corporate houses willing to make donations to political parties in the recently introduced Companies Act 2013. Earlier, what was the upper limit for political contributions for corporate?
1) 5.5 per cent of average net profit 
2) 5.5 per cent of average net profit
3) 7.5 per cent of average net profit 
4) 10.5 per cent of average net profit
5) None of these Answer:- 3) 7.5 per cent of average net profit

Ques. : 31 Which of the following statements is/are correct regarding PIN requirement for credit card transactions as mandated by the RBI recently?
1) Credit card holders are required to punch in their PIN numbers every time they use the card from 1Dec. 
2) The PIN requirement has been made mandatory for international transactions, including on the Internet.
3) The users need to replace their existing credit cards with the EMV Chip card and get a PIN. 
4) All the above
5) Only 2) and 3) Answer:- 5) Only 2) and 3)

Ques. : 32 Which of the following has become the farthest object sent by India into the space so far?
1) Chandrayaan 1 2) SARAL
3) GSAT-7 4) Mangalayaan
5) None of these Answer:- 4) Mangalayaan

Ques. : 33 What is the upper limit fixed by the RBI for the fund transfer through National Electronic Fund Transfer (NEFT) facility?
1) Rs 50,000 2) Rs 75,000
3) Rs 150,000 4) Rs 200,000
5) No limit Answer:- 5) No limit

Ques. : 34 Who among the following has won the 2013 LG People's Choice Award of ICC recently?
1) AB de Villiers 2) Virat Kohli
3) Michael Clarke 4) Sachin Tendulkar
5) Mahendra Singh Dhoni Answer:- 5) Mahendra Singh Dhoni

Ques. : 35 Which of the following parties has emerged as the single largest party in the newly elected Constituent Assembly in Nepal?
1) Rastriya Prajatantra Party-Nepal (RPP-N) 2) UCPN-Maoist
3) CPN (UML) 4) The Nepali Congress
5) None of these Answer:- 4) The Nepali Congress

Ques. : 36 The anti-apartheid icon, Nelson Mandela, died recently. Which of the following statements is/are correct about him?
1) He was South Africa's first elected black Prime Minister. 
2) He spent 27 years in prison after being convicted by the apartheid govt.
3) He shared the Nobel Peace Prize 1993 with Frederik Willem de Klerk "for their work for the peaceful termination of the apartheid regime in South Africa. 
4) All the above
5) Only 2) and 3) Answer:- 5) Only 2) and 3)

Ques. : 37 India is all set to raise a 10-metre high embankment running along the 197-Km stretch of the International Border along which of the following countries in an effort to check frequent border crossing?
1) Bangladesh 2) Nepal
3) China 4) Pakistan
5) None of these Answer:- 4) Pakistan

Ques. : 38 The book ‘Chronicle of A Corpse Bearer’ has been authored by
1) Cyrus Mistry 2) Ratan Tata
3) Mukesh Ambani 4) Anil Agarwal
5) None of these Answer:- 1) Cyrus Mistry

Ques. : 39 What is expanded form of BSBDA?
1) Broad Savings Bank Deposit Accoun 
2) Bharat Savings Bank Deposit Account
3) Basic Savings Bank Deposit Account 
4) Basic Savings Bank Demerged Account
5) None of these Answer:- 3) Basic Savings Bank Deposit Account

Ques. : 40 The Department of Telecommunications (DoT) has slapped Rs 600-cr penalty on which of the following telecom operators of India recently for its alleged violation of licence conditions in its merger deal with Spice Communications?
1) Idea Cellular 2) Bharti Airtel
3) Vodafone 4) Reliance Communication
5) None of these Answer:- 1) Idea Cellular

Ques. : 41 The govt has offered an interest-free relief package to the sugar sector recently. Which of the following is correct in this regard?
1) The package to the sugar sector includes interest-free Rs 7,200-cr loan from banks. 
2) A part of the 12 per cent interest on the amount will be borne by the Centre and the rest by the Sugar Development Fund (SDF) created from the cess collected on cane crushing.
3) The loans can be repaid in five years and the millers have also been allowed to restructure all their existing loans, according to the RBI guidelines. 
4) All the above
5) Only 1) and 2) Answer:- 4) All the above

Ques. : 42 The United Nations (UN), in its first global assessment of the state of the planet's land resources, have found that farmers will have to produce ____more food by 2050 to feed the world's expected 9-bn-strong population.
1) 40% 2) 50%
3) 60% 4) 70%
5) None of these Answer:- 4) 70%

Ques. : 43 What is the name of the new ball unveiled for the 2014 FIFA World Cup?
1) Fifooba 2) Brazuca
3) Brasilia 4) Bazoomba
5) None of these Answer:- 2) Brazuca

Ques. : 44 Who among the following has been appointed the new Chief Information Commissioner of India recently?
1) Yashovardhan Azad 2) Sharat Sabharwal
3) Sushma Singh 4) Deepak Sandhu
5) Manjula Parashar Answer:- 3) Sushma Singh

Ques. : 45 Which of the following countries will host under-17 FIFA World Cup in 2017?
1) Malaysia 2) Japan
3) South Korea 4) India
5) None of these Answer:- 4) India

Ques. : 46 Who among the following is the present chairman of the Forward Market Commission (FMC), the commodity market regulator of the country?
1) Rahul Khullar 2) TS Vijayan
3) UC Sinha 4) Ramesh Abhishek
5) None of these Answer:- 4) Ramesh Abhishek

Ques. : 47 What is Obamacare, a much talked about scheme launched by the US President Barack Obama?
1) A plan aimed at senior citizens 2) A plan aimed at pregnant women
3) A rehabilitation plan for migrants 4) A health care plan
5) None of these Answer:- 4) A health care plan

Ques. : 48 The Supreme Court has directed all States recently to put in place draft rules for regulating which of the following by March 31, 2014?
1) Sale of inflammables in canisters
2) Sale of junk food in school canteens
3) Sale of acids and other corrosive substances 
4) Sale of medicine without prescription
5) None of these 
Answer:- 3) Sale of acids and other corrosive substances

Ques. : 49 The book ‘Muslim Zion: Pakistan as a Political Idea’ has been written by
1) Faisal Devji 2) Navtej Sarna
3) Vishwajyoti Ghosh 4) Neil Gaiman
5) None of these Answer:- 1) Faisal Devji

Ques. : 50 What is the expanded form of VCES, a facility provided by the Finance Ministry to tax defaulters
1) Voluntary Compliance Expansion Scheme 
2) Voluntary Compliance Exemption Scheme
3) Voluntary Compliance Establishment Scheme 
4) Voluntary Compliance Encouragement Scheme
5) None of these 
Answer:- 4) Voluntary Compliance Encouragement Scheme

2 AUGUST 2014

Ques. : 1 The govt has appointed who among the following as a deputy governor of the Reserve Bank of India (RBI) recently?
1) MD Mallya 2) SS Mundra
3) Adarsh Kishore 4) BA Prabhakar
5) None of these Answer:- 2) SS Mundra

Ques. : 2 The World Trade Organization (WTO) failed to reach a consensus on the Trade Facilitation Agreement (TFA) recently. Who among the following is the current President of the WTO?
1) Guy Ryder 2) Roberto Azevedo
3) Pascal Lamy 4) Gita Wirjawan
5) None of these Answer:- 2) Roberto Azevedo

Ques. : 3 The Transatlantic Trade and Investment Partnership (TTIP) is a trade agreement being negotiated between the European Union and which of the following countries?
1) US 2) Ukraine
3) China 4) India
5) None of these Answer:- 1) US

Ques. : 4 Sierra Leone announced health emergency in the country due to nationwide outbreak of which of the following diseases recently?
1) Malaria 2) Swine Flu
3) Plague 4) Ebola
5) None of these Answer:- 4) Ebola

Ques. : 5 The book ‘No Country’ has been authored by
1) Ranjit Hoskote 2) Sankarshan Thakur
3) Kalyan Ray 4) Dayanita Singh
5) None of these Answer:- 3) Kalyan Ray

Ques. : 6 Who among the following has been appointed the Chairman of the Central Board of Direct Taxes (CBDT) recently?
1) KV Chowdary 2) Praveen Mahajan
3) Shobha L Chary 4) JM Shanti Sundharam
5) None of these Answer-1) KV Chowdary

Ques. : 7 Which of the following offices looks after the indirect taxes in India?
1) CBDT 2) CBIT
3) CBEC 4) CVC
5) None of these Answer:- 3) CBEC

Ques. : 8 Nigeria and three other countries have pledged to speed up the creation of a 2,800-strong regional force to tackle militant Islamist group Boko Haram. Which of the following countries is NOT among them?
1) Chad 2) Cameroon
3) Kenya 4) Chad
5) None of these Answer:- 3) Kenya

Ques. : 9 The Third India-Africa Forum Summit (IAFS-III) in 2014 will be hosted by which of the following cities?
1) Addis Ababa 2) New Delhi
3) Nairobi 4) Windhoek
5) None of these Answer:- 2) New Delhi

Ques. : 10 The provisional results of the Sixth Economic Survey of India were released recently. When was the first Economic Survey conducted?
1) 1977 2) 1980
3) 1990 4) 2004
5) None of these Answer:- 1) 1977

1 AUGUST 2014

Ques. : 1 Yogeshwar Dutt and Babita Kumari won gold medals in men’s and women’s categories of which of the following games at the 20th Commonwealth Games in Glasgow?
1) Weightlifting 2) Boxing
3) Wrestling 4) Shot put
5) None of these Answer:- 3) Wrestling

Ques. : 2 The Centre for Science and Environment (CSE) lab study found residues of antibiotics in 40 per cent of the samples of which of the following food items in the Delhi NCR region recently?
1) Milk 2) Chicken
3) Vegetables 4) Ghee
5) None of these Answer:- 2) Chicken

Ques. : 3 The Prime Minister will launch the govt's campaign for financial inclusion on the eve of Independence Day. Which of the following is NOT correct in this respect?
1) The new scheme will ensure banking service to 7.5 cr households in the country by 15 Aug 2018.
2) The 600000-odd houses in the country will be split into small service areas assigned to banks.
3) One fixed banking point on 1000-1500 households. 
4) It will be insured that each adult member of each household have a bank account.
5) None of these 
Answer:- 4) It will be insured that each adult member of each household have a bank account.

Ques. : 4 Who among the following has scripted history by becoming the first Indian woman gymnast to win a medal at the Commonwealth Games after she bagged a bronze in the vault event?
1) Krishna Poonia 2) Soma Biswas
3) Harwant Kaur 4) Dipa Karmakar
5) None of these Answer:- 4) Dipa Karmakar

Ques. : 5 People across the world can now view images from 76 heritage sites located in India. With the support of the Archaeological Survey of India (ASI), which of the following technology firms has made it possible?
1) Microsoft 2) IBM
3) Google 4) Yahoo
5) None of these Answer:- 3) Google

Ques. : 6 Which of the following is the first country to ratify the Marrakesh Treaty? This is a treaty to facilitate access to published works for persons who are visually impaired.
1) China 2) US
3) India 4) Japan
5) None of these Answer:- 3) India

Ques. : 7 Vikas Gowda gave India its first athletics gold of the 20th Commonwealth Games in which of the following games?
1) Discuss throw 2) Long jump
3) Shot put 4) Triple jump
5) None of these Answer:- 1) Discuss throw

Ques. : 8 After Flipkart’s announcement of raising $1 bn, which of the following e-retailers has announced to invest $2 bn in India?
1) ebay 2) Amazon
3) Walmart 4) Carrefour
5) None of these Answer:- 2) Amazon

Ques. : 9 A committee formed to look into the possibilities of bringing changes in pattern of civil services examination among others submitted its report to the govt recently. Who among the following headed the Committee?
1) RK Gupta 2) Arvind Varma
3) PK Das 4) Rakesh Agrawal
5) None of these Answer:- 2) Arvind Varma

Ques. : 10 Who among the following has won the Golden Glove award at 2014 FIFA World Cup?
1) James Rodriguez 2) Lionel Messi
3) Mario Goetze 4) Manuel Neuer
5) None of these Answer:- 4) Manuel Neuer