1. VAT is imposed–
(A) Directly on consumer (B) On final stage of production
(C) On first stage of production (D) On all stages between production and final sale
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2. Which of the following is considered lending for promotion of exports?
(A) Packing Credit (B) Overdraft (C) Cash Credit Account (D) Bill Discounting
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3. The largest source of National Income in India is–
(A) Service Sector (B) Agriculture (C) Industrial Sector (D) Trade Sector
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4. ‘Public Sector’ means–
(A) Government ownership on commerce and trade (B) Capitalist ownership on commerce and trade
(C) Private ownership on trade (D) None of the above
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5. UNDP has introduced a new poverty index known as–
(A) Human Poverty Index (B) Poorest among Poor Index
(C) Social Poverty Index (D) Multi-dimensional Poverty Index
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6. As per Census 2011, Kerala holds the maximum sex-ratio among states which stands at–
(A) 1046 (B) 1084 (C) 1092 (D) 1103
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7. As on August 15, 2014 the numbers of ‘Maharatna’ and ‘Navratna’ public sector companies in the country are :
(A) 6 and 14 respectively (B) 7 and 15 respectively
(C) 6 and 16 respectively (D) 7 and 17 respectively
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8. Which pair is not correct?
(A) EXIM Bank – Financing for export-import (B) RBI-Banker’s bank
(C) IDBI – Industrial finance (D) FCI – Financial assistance to commercial institutions
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9. Which constitutes the maximum share in power generation?
(A) Thermal Power (B) Hydro Power (C) Atomic Power (D) All the above have equal share
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10. The regulator of Micro Finance in India is–
(A) Finance Ministry (B) Reserve Bank of India (C) State Bank of India (D) None of the above
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11. Rekhi Committee was constituted in 1992 which was associated with–
(A) Indirect taxes (Excise and Custom duty) regulations (B) Change in Banking Structure
(C) Security Scam (D) None of the above
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12. Petroleum Ministry has raised the cap of subsidized LPG cylinders–
(A) From 6 to 9 (B) From 6 to 12 (C) From 9 to 12 (D) Made unlimited
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13. The concept of Rolling Plan was emerged during period–
(A) 1971 to 1978 (B) 1980 to 1985 (C) 1978 to 1980 (D) 1992 to 1997
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14. The current Cash Reserve Ratio (CRR) after Monetary Policy Review of RBI on August 5, 2014 is–
(A) 3.5% (B) 3.75% (C) 4.0% (D) 4.25%
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15. As per Union Budget 2014-15, the fiscal deficit target for 2014-15 has been estimated at–
(A) 3.6% of GDP (B) 4.1 % of GDP (C) 4.8% of GDP (D) 5.2% of GDP
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16. Which rural sector is not included in ‘Bharat Nirman Yojana’ ?
(A) Irrigation (B) Water supply (C) Education (D) Telephone
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17. As per the provisional data, the India’s merchandise exports during 2013-14 has been estimated at about–
(A) $ 296 billion (B) $ 301 billion (C) $ 312 billion (D) $ 356 billion
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18. India has opened an ‘Integrated Check Post’ in Indian territory for promoting bilateral trade with–
(A) Bangladesh (B) Pakistan (C) Nepal (D) China
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19. Forward Markets Commission is a financial regulator of–
(A) Micro Finance (B) Mutual Funds (C) Non-Life Insurance (D) Commodity Future Markets
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20. Railway Budget in India was separated from general budget in–
(A) 1924-25 (B) 1941-42 (C) 1947-48 (D) 1950-51
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21. National Dairy Plan (Phase I) has been launched to give a boost to milk production in the country. In first phase this plan will cover–
(A) Only Gujarat (B) Only 5 states (C) Only 14 states (D) All states except NE region
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22. National Rural Health Mission has been launched in the country since–
(A) April 1, 2005 (B) April 12, 2005 (C) April 1, 2006 (D) April 12, 2006
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23. World Economic Situation and Prospects Report is associated with–
(A) IMF (B) World Bank (C) United Nations (D) WTO
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24. In Union Budget 2014-15 the budget estimate of primary deficit for 2014-15 stood at–
(A) 1.0% of GDP (B) 0.9% of GDP (C) 0.8% of GDP (D) 0.6% of GDP
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25. Government is going to merge Annapurna Scheme with–
(A) Mid-Day Meal Scheme (B) National Old Age Pension Scheme
(C) National Food for Work Programme (D) Antyodaya Anna Yojana
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26. Who among the following has been elected as Director General of WTO for the second term in continuation to be started from September 1, 2009 ?
(A) Pascal Lamy (B) Gregory Starr (C) Robert Zoellick (D) Ban Ki-Moon
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27. Which of the bank has launched mobile Point of Sales (PoS), a payment mechanism that uses mobile phone-based GPRS connectivity to facilitate debit/credit card payments?
(A) AXIS Bank (B) ICICI Bank (C) HDFC Bank (D) Yes Bank
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28. Which of the following superfast trains has AC coach having Braille signals?
(A) Purushottam Express (B) Sramjeevi Express (C) Himgiri Express (D) Tamil Nadu Express
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29. Parliament passes Pension Bill which allows Foreign Direct Investment (FDI) in pension funds.
(A) 51% (B) 49% (C) 26% (D) 24%
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30. Which country has recorded the largest increase in its Ultra-High Net Worth Individual (HNIW) club among BRICS nations?
(A) India (B) Brazil (C) Russia (D) China
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