1.India lost the Asia/Oceania Group-I Davis Cup tie against which of the following countries recently?
a) Spain
b) Indonesia
c) Canada
d) South Korea
e) None of these
2.Examine the following statements with respect to the Short Range-Surface to Air Missile (SR-SAM) deal concluded between India and France recently:
A) The SR-SAM deal worth Z30,000 crore between India and France was concluded recently during French President Francois Hollande's India visit.
B) The SR-SAM would be co-developed by MBDA of France and DRDO of India.
C) The SR-SAM would be deployed by the IAF, the French Air Force and its other European allies. Which of the above statements is/are correct?
a) Only (A)
b) Only (B)
c) Only (C)
d) Only (A) and (B)
e) Only (A) and (C)
3.Consider the following statements regarding Damodaran Committee:
A) It is a panel comprising government officials and corporate honchos set up to look into ways to improve the country’s overall business environment.
B) The panel headed by the former Sebi Chairman M Damodaran is likely to finanlise its report soon.
C) The committee was set up by the Ministry of Corporate Affairs.
Which of the above statements is/are correct?
a) Only(A)
b) Only(B)
c) Only (C)
d) Only (A) and (B)
e) All (A), (B) and (C)
4.Which of the following PSUs has gotten the Maharatna status from the CentralGovernment recently? It will now get enhanced powers to expand its operations in the domestic and global markets.
a) Bharat Heavy Electricals Ltd
b) Oil India Limited
c) Mahanagar Telephone Nigam Limited
d) Bharat Electronics Limited
e) None of these
5.Consider the following methods adopted by the RBI:A) Selective Credit Control B) Credit Authorisation Scheme C) Moral Suasion Which of the above methods is/are considered to be a qualitative method(s) of credit control?
a) Only (A)
b) Only (B)
c) Only (C)
d) All the above
e) None of the above
6.With respect to 'financial inclusion', which of the following will be the best alternative banking service to branch banking?
a) Setting up of ATMs
b) Providing credit cards
c) Establishing personal banking branches
d) Mobile banking
e) None of the above
7.Rohinton Nariman resigned as the Solicitor-General of India recently. Who among the following has been appointed the new Solicitor-General of India?
a) Mohan Parasaran
b) OR Rajagopaul
c) Abdul Rehman
d) Harish Salve
e) None of these
8.The Ministry of Information and Broadcasting has constituted a panel to examine issues of certification under the Cinematograph Act 1952. The panel is headed by
a) Javed Akhtar
b) Mukul Mudgal
c) Shanni la Tagore
d) Lalit Bhasin
e) Pankaja Thakur
9.The Centre for Development of Advanced Computing (C-DAC) unveiled its latest supercomputer recently which is capable of crunching data up to 524 teraflops, about 10 times faster than the previous supercomputer. Name the latest supercomputer.
a) Param Yuva-I
b) Param Yuva-II
c) Param Yuva-III
d) Param Yuva-IV
e) None of these
10. Which of the following best defines 'teaser rates', the rate we often read about in newspapers?
a) An introductory high rate offered by the banks on the deposits which goes down as time passes
b) An introductory high rate of interest offered by the banks on home loans which are promised to go below the normal rate as time passes
c) An introductory low rate of interest offered by the banks on home loans which increases after a certain period and becomes higher than the normal rate.
d) An introductory low rate of interest offered by the banks on deposits which increases after a certain period and becomes higher than the normal rate.
e) None of the above
11. Consider the following mechanisms with respect to micro credit: a) Regular Repayment Schedule b) Dynamic Incentive c) Col laterals Which of the above does/do not contribute to the success of micro credit?
a) Only (A)
b) Only (B)
c) Only (C)
d) Only (A) and (B)
e) All the above
12. Examine the following statements with respect to the latest announcement made by the US President to withdraw its troops from Afghanistan:
a) The US has announced to withdraw 34,000 American troops in the next one year from war-torn Afghanistan.
b) By the end of 2014, the US will end the war in Afghanistan and all its commitment will come to an end.
c) The US will continue training and equipping Afghan forces so that the country does not slip again into chaos.
Which of the following statements is/are correct?
a) Only (A)
b) Only (B)
c) Only (C)
d) Only (A) and (C)
e) All (A), (B) and (C)
13. Examine the following statements with respect to the order of a CBI probe into the alleged scam in a chopper deal with an Italian firm:
A) The CBI will probe into the alleged scam in the `3600-crore deal for 12 helicopters with an Italian firm Agusta Westland, a subsidiary of aerospace giant Finmeccanica.
B) The head of Finmeccanica, Giuseppe Orsi, has been arrested in relation to -a probe into international corruption which has prompted the government in India to order a CBI probe.
C) Ottavio Quattrocchi, an Italian businessman, allegedly approached and bribed. it to mend rules so that the Italian company could bag the deal.
a) Only (A)
b) Only (B)
c) Only (C)
d) Only (A) and (B)
e) Only (A) and (C)
14. Which of the following countries has been in news for the smog and heavy pollution enveloping most of its major cities recently? PM 2.5, the microscopic pieces of solid or liquid matter in the air that adversely affect human health, has risen 20 times higher than permissible limits.
a) UK
b) Japan
c) China
d) South Korea
e) None of these
15. Which of the following statements is/are correct about Real Time Gross Settlement (RIGS)?
A) In RTGS, processing and final settlement of fund transfer instructions can take place simultaneously.
B) In RIGS, final transaction takes place at the end of the day.
C) In RIGS, final settlement of fund takes place at 3 pm every day.
a) Only (A)
b) Only (B)
c) Only (C)
d) Only (A) and (C)
e) None of these
1.D 2.D 3.E4.A 5.D 6.D 7.A 8.B 9.B 10.C
11.C 12.D 13.D 14.C 15.A
