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Q1. Malaprabha Project in
Correct answer : 2
Q2. While settling the controversial issue of reservations, the Supreme Court referred to "creamy layer". What does this signify?
Correct answer : 3
Q3. The Prakash Tandon report deals with
Correct answer : 1
Q4. Who among the following is head of the 6th Pay Commission?
Correct answer : 2
Q5. The abbreviation GDR stands for
Correct answer : 3
Q6. Ukai Project is in
Correct answer : 3
Q7. Mahatma Gandhi Setu the longest bridge in Asia has been built across the river
Correct answer : 1
Q8. Joint Sector means
Correct answer : 2
Q9. Mixed Economy means
Correct answer : 2
Q10. Family planning in rural areas of India has met with limited success mainly due to
Correct answer : 3
Q11. An integrated and coordinated rail and road network helps in the economic development of a country by linking
Correct answer : 3
Q12. The oil exporting countries have formed a trade association known as
Correct answer : 2
Q13. The cost of producing iron in India in considerably lower than in other countries because
Correct answer : 1
Q14. Which one of the following crops has the most dispersed distribution in India?
Correct answer : 2
Q15. Devaluation of a currency refers to
Correct answer : 2
Q16. Demand of a commodity mainly depends on
Correct answer : 2
Q17. Which of the following States is the major beneficiary of the Sardar Sarovar Project?
Correct answer : 1
Q18. Inflation implies
Correct answer : 3
Q19. Balanced economic growth can be achieved only if
Correct answer : 3
Q20. Which of the following commitees submitted its report on Insurance Sector Reforms?
Correct answer : 4
Q21. The per capita income of which of the following States is maximum?
Correct answer : 2
Q22. The industry which employs the maximum number of workers in India is
Correct answer : 4
Q23. In capitalism, the price of a commodity is determined by the
Correct answer : 2
Q24. Agriculture accounts for ……….of the national income.
Correct answer : 1
Q25. The Kharif season begins in
Correct answer : 2
Q26. The Kharif crop is reaped during
Correct answer : 3
Q27. Where was coal mining first started in India?
Correct answer : 4
Q28. The first railway line was laid in
Correct answer : 2
Q29. The Five Year Plans are approved and reviewed by the
Correct answer : 1
Q30. Take of state in an economy means
Correct answer : 4
Q31. What was the purpose of setting iup the Planning Commission?
Correct answer : 1
Q32. Who is the Chairman of the Planning Commission now?
Correct answer : 2
Q33. The Deputy Chairman of the Planning Commission is
Correct answer : 4
Q34. The rubber producing state in India is
Correct answer : 1
Q35. The number one sugar producing country in the world is
Correct answer : 1
Q36. The annual yield from which of the following Union Government taxes is the highest?
Correct answer : 4
Q37. The oldest large-scale industry of India is
Correct answer : 1
Q38. What is the percentage of India's population in relation to the world population?
Correct answer : 2
Q39. The first public sector fertiliser factory in India, which went into production in 1951, is at
Correct answer : 4
Q40. Which of the following statements is/are true?
1. Bharatiya Mahila Bank (BMB) was recently included in the second schedule of the Reserve Bank of India (RBI) Act, 1934.
2. The inclusion of BMB in the second schedule of the RBI Act, 1934 means that now it will be eligible for loans from RBI on bank rate and also acquired membership of clearing houses.
3. With the inclusion of BMB, total number of scheduled commercial banks in India now stands at 90.
Correct answer : 4
Q41. The Reserve Bank of India has allowed banks to provide loans to exporters with tenures of up to how many years?
Correct answer : 4
Q42. The Competition Commission of India (CCI) has approved the British retail major, Tesco's plan to purchase 50% stake in Tata Group firm Trent Hypermarket. Which of the following statement's is/are true regarding this? 1. This is the first FDI transaction in multi-brand retail segment, since the sector was opened up in September 2012. 2. Trent Hypermarket is a firm that is engaged in the business of multiformat retail trading in India.
Correct answer : 3
Q43. Which of the following statements is/are true?
1. Reserve Bank of India (RBI) has recently directed all banks to install disabled friendly new Automated Teller Machines (ATMs).
2. All banks need to make bank branches and ATMs accessible to people with disabilities and make at least one-third of the new ATMs installed as talking ATMs with Braille keypads.
3. All the new ATMs that are to be installed after 1 July 2014 needs to provide audible instructions and Braille keypads to customers.
Correct answer : 4
Q44. RBI has issued certificates of authorization to non-bank entities for setting up and operating White Label ATMs (WLAs) in India. Which of the following is/are these non-blanks entities?
1. BTI Payments, Bangalore.
2. Srei Infrastructure Finance Kolkata.
3. RiddiSiddhi Bullions, Mumbai.
Correct answer : 4
Q45. Which of the following banks has opened its seventh overseas branch in New York, USA?
Correct answer : 2
Q46. Which of the following statement's is/are true?
1. Union Minister for Micro, Small and Medium Enterprise (MSMEs) recently launched Online Finance Facilitation Centre (OFFC) for Small and Medium Enterprises (SMEs).
2. OFFC is an initiative of the confederation of Indian Industry (CII).
3. OFFC will facilitate the SMEs across the country with documentation and preparation of bankable project proposals.
Correct answer : 4
Q47. Five bank unions are to hold protest meetings across the country to voice their opposition against the Nayak Committee report's recommendations. Which of the following statement/s is/are true regarding this?
i) The protesting unions are All India Bank Officers' Association (AIBOA), Bank Employees Federation of India (BEFI), Indian National Bank Employees Federation (INBEF) and Indian National Bank Officers Congress (INBOC) and All India Bank Employees Association (AIBEA).
ii) The RBI constituted an expert committee under the chairmanship of P.J. Nayak, to review governance of boards of banks in India.
iii)The committee submitted its report recently and the RBI asked for comments from the public on it by June 12, 2014.
iv) The unions are angry as the committee recommendel reduction of government holding in public sector banks to less than 50 percent, merging government banks, keeping out government banks from the ambit of Central Vigilance Commission and the Right to Information Act, transferring government's holdings to an investment company and repealing the Bank Nationalisation Act.
Correct answer : 4
Q48. Reserve Bank of India has eased the KYC norms for opening bank account. Which of the following statement/s is/are true regarding this? 1) Only one documentary proof of address (either the current or permanent) can be used to open bank account or for periodic updation. 2) In case the address mentioned as per proof of address mentioned as per proof of address undergoes a change than fresh proof of address may be submitted to the branch within a period of six months. 3. KYC (Know your Customer) is a term used for customer identification process. 4. The objective of the KYC guidelines is to prevent banks being used, intentionally or unintentionally by criminal elements for money laundering.
Correct answer : 4
Q49. In the major policy initiative, the government of India to raise FDI in defence sector to 100 percent from existing how much percent?
Correct answer : 4
Q50. Insurance cover for bank deposits in our country is provided by …………