l. On August 5, 2014 RBI announced its Monetary Policy Review 2014-15. What is true for it?
(A) Reduced Repo by 25 bps (B) Reduced CRR by 25 bps
(C) Raised MSF by 25 bps (D) Cut SLR by 50 bps
See Answer:

2. As per the CSO’s estimates, the ratio of fixed capital formation to ‘GDP in 2013-14 has been placed at–
(A) 30.9% (B) 28.3% (C) 27.8% (D) 26.3%
See Answer:

3. SAARC University will have its head office in–
(A) Dhaka (Bangladesh) (B) New Delhi (India)
(C) Colombo (Sri Lanka) (D) Male (Maldives)
See Answer:

4. The base year of present Consumer Price Index (CPI) for Rural Labourer is–
(A) 1980-81 (B) 1981-82 (C) 1982-83 (D) 1986-87
See Answer:

5. The growth rate of population as per final data of Census 2011 during 2001-11 stood at–
(A) 16.3% (B) 16.9% (C) 17.7% (D) 18.3%
See Answer:

6. MRTP is related to–
(A) Monopolies and Restrictive Trade Practices  (B) Inflation control
(C) Transport control (D) Foreign Exchange Regulations
See Answer:

7. Which among the following contribute the minimum in collection of one rupee as per estimates of Union Budget 2014-15 ?
(A) Corporation Tax (B) Income Tax (C) Customs (D) Union Excise duty
See Answer:

8. ‘Apna Khet, Apna Kaam’ (i.e., Own Field, Own Work) is a new scheme under MNREGA has been initiated in the state–
(A) Punjab (B) Gujarat (C) Rajasthan (D) Madhya Pradesh
See Answer:

9. Banks are supposed to pay penalty to customers whose complaints against failed ATM cash transactions are not settled within 12 days from date of complaint. This period for settlement is further reduced. What is the revised time limit now?
(A) 5 days (B) 7 days (C) 8 days (D) 10 days
See Answer:

10. Who was the Chairman of the panel constituted to study the recommendations of National Advisory Council (NAC) on the proposed Food Security Bill ?
(A) Montek Singh Ahluwaliah (B) Pranab Mukherjee
(C) C. Rangrajan (D) Deepak Parikh
See Answer:

11. As per provisional estimates of CSO for the year 2013-14 GDP growth rate has been estimated at–
(A) 4.3% (B) 4.5% (C) 4.7% CD) 4.9%
See Answer:

12. The period of 11th plan was–
(A) 2005-10 (B) 2006-11 (C) 2007-12 (D) 2008-13
See Answer:

13. For which type of fertilizer India is fully dependent on imports?
(A) Nitrogen Fertilizer (B) Phosphetic Fertilizer
(C) Potash Fertilizer (D) None of the above
See Answer:

14. ‘Sensitive sector’ as defined by RBI inc1ude(s)–
(A) Capital Market (B) Real Estate (C) Commodities (D) All of the above
See Answer:

15. NT PC has decided to set up its first overseas power plant in–
(A) Mauritius (B) Sri Lanka (C) Indonesia (D) Kenya
See Answer:

16. Which of the following report has the Theme ‘JOB’ ?
(A) Human Development Report 2013 (B) World Development Report 2013
(C) World Investment Report 2013 (D) None of the above
See Answer:

17. In the latest report of IMF, entitled ‘World Economic Out-look’ released in April 2014, the projected India’s growth rate for the year 2014 stands at–
(A) 4.6% (B) 5.0% (C) 5-4% (D) 5.8%
See Answer:

18. Which of the following is a group of Kharif crops?
(A) Jwar, Bajra, Rice, Cotton, Jute, Gram (B) Wheat, Barley, Gram, Sesame
(C) Rice, Millet, Maize, Cotton (D) Groundnut, Bajra, Barley, Gram, Sesame
See Answer:

19. Which is the first Export Processing Zone declared as Free Trade Zone in India?
(A) Santacruz (B) Kandla (C) Falta (D) Noida
See Answer:

20. India’s official anti-monopoly body, the Competition Commission of India (CCI) has finally become operational w.e.f.–
(A) April 1, 2009 (B) May 20, 2009
(C) May 22, 2009 (D) May 30, 2009
See Answer:

21. Which of the following state has decided to constitute ‘Innovation Council’ on the lines of National Innovation Council constituted by the centre government?
(A) Haryana (B) Gujarat (C) Kamataka (D) Maharashtra
See Answer:

22. Which State produces maximum Soyabean?
(A) Madhya Pradesh (B) Uttar Pradesh (C) Bihar (D) Rajasthan
See Answer:

23. The Federal Reserve is an important organisation of which country?
(A) The United States of America (B) The European Union
(C) England (D) France
See Answer:

24. CSO has changed the base year for National Accounting from 1999-2000 to 2004-2005. How many times the base year has been changed so far since independence?
(A) Four times (B) Five times (C) Six times (D) Seven times
See Answer:

25. World Communication Day is observed on–
(A) May 15 (B) May 16 (C) May 17 (D) May 18
See Answer:

26. Which institution is known as ‘soft loan window’ of World Bank ?
(A) IFC (B) IDA (C) IMF (D) Indian Development Forum
See Answer:

27. NOAPS has been renamed as Indira Gandhi Old Age Pension Scheme with its extended scope. Now this scheme will include all old age persons–
(A) Living below poverty line (B) Above 60 years age
(C) Above 65 years age (D) Both (A) and (C)
See Answer:

28. Which Nationalised Commercial Bank has launched signature based debit card scheme?
(A) Bank of Baroda (B) Punjab National Bank
(C) Central Bank of India (D) Indian Bank
See Answer:

29. OTCEI is–
(A) Atomic Submarine of China (B) Economic Policy of USA
(C) An Indian Share Market (D) A defence research organisation
See Answer:

30. The weightage of manufacturing sector items in new base (2004-05) wholesale price index is–
(A) 58.02% (B) 59.97% (C) 62.28% (D) 64.97%
See Answer: