Current Affairs

Read the given paragraphs carefully and answer the questions which follow each of these.

The government cannot afford to compartmentalize education. It has to be emphasized that any country which does not have a good university education will never be listed as an independent country and will never be able to progress. Only countries prepared to tolerate a second rate and subjugate status in the world would neglect higher education. If India has had any poison in the comity of nations in past, it was only because it had a better higher education than many of its Asian-counterparts. This clear emphasis on the higher education, however, does not imply that it should be supported and developed at the cost of primary and secondary education.

Q.1) Which of the following best explains the main idea of the paragraph ?
1) The government has made a wrong move in compartmentalizing education
2) To highlight the superiority of India in higher education as compared to the rest of the world
3) To emphasize more on primary education rather than higher education
4) Higher education is important for the growth of a country
5) None Of these
Correct Ans:
4


Q.2) Which of the following is most likely the title of the above passage (having the same main idea as that of the given paragraph) in which this paragraph might have appeared ?
1) Education-a fundamental right of every child
2) Indian education-an unfortunate neglect of the primary education
3) Lack of higher education opportunities in India
4) A comparison of higher education in India with that of the west
5) Importance of higher education in growth of a country
Correct Ans:
5


p>Read the given paragraphs carefully and answer the questions which follow each of these.

Although an eco-friendly process and one of the main ways to save-the environment, recycling is not gaining pace in the industry. The process of recycling undergoes many processes. First is collecting and sorting of garbage. This requires a lot of manpower and tools which are expensive. Another disadvantage of recycling which makes it, unviable is that for the manufacturers, economically, the recycled material is not highly demanded as its quality is not as good as the original material. So if the marketing of recycled goods is not worthwhile, then the whole process of recycling can not be economically efficient. Recycled products face other disadvantages as well, such as short shelf life, difficulty in drinking the dyed products and less durability etc.

Q.3) The author has listed the disadvantages of recycling to _________ .
1) explain the reason why recycling is not a popular option besides having various  positive effects on the environment
2) give arguments to support the stopping of the process of recycling completely
3) predict the effects of stoppage of recycling on the environment
4) show that there are better options than recycling available for utilization
5) None Of these
Correct Ans:
1


Q.4)

Why is the marketing of recycled products not worthwhile according to the author ?
(A) The original products are being sold at a much lower price as compared to the recycled products.
(B) The overall effect of recycling on the environment is detrimental rather than beneficial.
(C) It does not give appropriate economic returns as recycled products lack demand in the market. 

1) Only A
2) Both B and C
3) Only C
4) Both A and B
5) None Of these
Correct Ans:
3

Read the given paragraphs carefully and answer the questions which follow each of these.

The human civilization stands on an edge of destiny. It lies today on the mercy of nuclear weapons which have the power to destroy us completely lest controlled wisely. In such a crisis situation, it is important to develop sensitivity towards basic values of life. It includes an explicit realization that humans swim in an ocean where they must swim together and sink together. At this juncture a single rotten fish would damage the ocean as a whole. Man can not afford to tamper with his loyalty to peace and international understanding which is the only way to deal with the situation. Anyone who does so, dooms the entire past, present and the future of the human civilization.

Q.5)

What according to the author, should be done to avoid the destruction of life by the nuclear weapons ?

1) Ban the use of nuclear weapons throughout the world
2) Enforce stricter laws and boycotts against the nations using nuclear weapons
3) Generate more awareness regarding the harm of using the nuclear weapons
4) Work towards international harmony and understanding
5) None Of these
Correct Ans:
4


Q.6)

Which of the following can be inferred from the given paragraph ?
(A) Nuclear war, one day or the other, is poised to end the human civilization.
(B) It is not possible for the countries to exist in unison regardless of what happens in other countries.
(C) Unless all the nuclear weapons on earth are destroyed, peace can not be restored. 

1) Only A
2) Only B
3) Only B and C
4) Only A and C
5) None Of these
Correct Ans:
1

Read the given paragraphs carefully and answer the questions which follow each of these.

We are living in the midst of a great chemical experiment, and some serious consequences are becoming apparent to scientists. More than two billion pounds of chemicals are spewed into the air each year which are brewing a disastrous stew. The greatest consequences of the atmosphere crisis may be global warming and the ozone depletion. The Earth appears to be warming due to the greenhouse effect. Scientists estimate that average temperature could-climb about 2 degrees Celsius in 20 years. Global warming is the-predicted result of the greenhouse effect, .created by the greenhouse gases, such as carbon dioxide and methane, in the atmosphere. This change in the global climate would have disastrous results, including drought, coastal flooding and increased species extinction. Also, the scientists have discovered a hole in the ozone layer. The ozone layer is the only protection for life on Earth against deadly ultraviolet radiation from the Sun. Once the ozone layer is completely destroyed, all life on Earth will cease to exist, killed by the deadly radiation. The planet will become a barren rock devoid of all life. And when this happens the process of industrialization would have to take the blame which has resulted in increased use of fossil fuels such as coal, petroleum and diesel.

Q.1)

Which of the following can be inferred from the given passage ?
(A) The use of all chemical products should be immediately stopped.
(B) Scientists will have a hard time to estimate the rate of change of temperature in the years  to come due to enormous changes in the environment.
(C) The environmental disaster in the future will happen as a result of increased usage of fossil fuels.

1) Only A
2) Only C
3) Both A and C
4) Both B and C 
5) None Of these
Correct Ans:
2


Q.2)Which of the following best explains the usage of the phrase ‘brewing a disastrous'?
1) The continuous rise in Earth’s temperature has been proved to be very dangerous.
2) Lack of efforts to curb the greenhouse effects would degrade the environment in the near future.
3) The harmful ultraviolet radiations are slowly destroying the life on Earth.
4) The fraternity of scientists has been opposing the process of industrialization.
5) The increased discharge of chemicals in the air is resulting in an atmosphere crisis.
Correct Ans:
5


Q.3)

Read the given paragraphs carefully and answer the questions which follow each of these.

Fashion has become one of the largest fads among the youth. The amount of time wastage and expenditure on fashion is very large. What bothers however is the fact that fashion is here to stay despite countless arguments against it. What is required therefore is that strong efforts should be made in order to displace the excessive craze of fashion from the minds of today’s youth.

Which of the following statements finds least support by the argument made by the author in the given paragraph ?

1) Youngsters should be motivated to do constructive business rather than wasting time in fashion.
2) The world of fashion being glamorous and glittery attracts people towards itself.
3) Following latest fashion increases the self efficacy of people thus increasing their overall mental abilities.
4) Many universities have implemented a dress code to put a check on the increasing fad amongst the youth which was affecting their grades.
5) None Of these
Correct Ans:
3


Q.4)

Read the given paragraphs carefully and answer the questions which follow each of these.

Fashion has become one of the largest fads among the youth. The amount of time wastage and expenditure on fashion is very large. What bothers however is the fact that fashion is here to stay despite countless arguments against it. What is required therefore is that strong efforts should be made in order to displace the excessive craze of fashion from the minds of today’s youth.

Which of the following can be inferred from the given paragraph ?

1) The author has made strong efforts to wipe out fashion from the minds of youth
2) Steps need to be taken in order to control the growing fad of fashion amongst the youth
3) The author is upset with the shift of fashion from the traditional ethnic wear to western outfits
4) Fashion world is responsible for lack of creativity among the youth
5) None Of these
Correct Ans:
2

Q.1)

In each of the following questions, rearrange the given sentences (A), (B), (C) and (D) and indicate the correct sequence in which these sentences must appear so as to make a meaningful paragraph.

(A) By increasing these connections the intelligence is also increased.
(B) Classical music has been proved to be very helpful in child development.
(C) Many doctors now-a-days use it for therapeutic purposes which are based upon the findings of this research.
(D) The research has demonstrated that listening to classical music increases the rate of  nervous connections in brain.

1) BDCA
2) DBAC
3) ACBD
4) BDAC
5) BCAD
Correct Ans:
4


Q.2)

In each of the following questions, rearrange the given sentences (A), (B), (C) and (D) and indicate the correct sequence in which these sentences must appear so as to make a meaningful paragraph.

(A) This right however comes along with the responsibility which the press is forced to work with.
(B) It means that the pressmen have every right to expose matters related to public and national interest.
(C) Such responsibilities include not broadcasting matters related to national security and other sensitive issues.
(D) Freedom of press is symbolic of democracy.

1) DBCA
2) DBAC
3) ABCD
4) BDAC
5) BCDA
Correct Ans:
2


Q.3)

In each of the following questions, rearrange the given sentences (A), (B), (C) and (D) and indicate the correct sequence in which these sentences must appear so as to make a meaningful paragraph.

(A) A popular example of this damage is the Taj Mahal whose marble has been corroded due to acid rain.
(B) It changes the acidic content of water bodies thus affecting the lives of .the living organisms of this habitat.
(C) Acid rain has been a major factor responsible for the degradation of the environment.
(D) Along with affecting the living beings, it is also responsible for the corrosion of several heritage buildings thus causing irreparable damages to them.

1) CBAD
2) CDBA
3) BADC
4) BDAC
5) CBDA
Correct Ans:
5


Q.4)

In each of the following questions, rearrange the given sentences (A), (B), (C) and (D) and indicate the correct sequence in which these sentences must appear so as to make a meaningful paragraph.

(A) Along with missing their education these children also face life threatening dangers by working in hazardous chemical factories.
(B) Child labour has been interfering with the education of millions of children across India.
(C) However, there is a dire need to reinforce these laws strictly throughout the country.
(D) Many laws have been framed in order to curb this evil.

1) BADC
2) CBAD
3) DBAC
4) BDAC
5) BACD
Correct Ans:
1


Q.5)

In each of the following questions, rearrange the given sentences (A), (B), (C) and (D) and indicate the correct sequence in which these sentences must appear so as to make a meaningful paragraph.
(A) Their invention has been proved to be a boon to the society since many diseases caused by the microbes could be cured by these antibiotics.
(B) The scientists therefore face a continuous challenge to keep inventing newer drugs to counter this problem.
(C) A major hurdle in the use of antibiotics, however, is that the microbes develop resistance to the antibiotics thus rendering these ineffective.
(D) Antibiotics are chemical substances produced by microbes which are capable of inhibiting the growth of other microbes. 

1) BACD
2) CBAD
3) DABC
4) DACB
5) ABDC
Correct Ans:
4

Q.1)

Which of the phrases (1), (2), (3) and (4) given below each statement should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence, if none of the sentences is appropriate, mark (5) as the-answer.

When we reached the crash site, we were delighted _____ .

1) on seeing no survivor
2) we saw everyone living
3) to seeing no one breathing
4) to see everyone alive
5) None Of these
Correct Ans:
4
 'to see everyone alive' should be used


Q.2)

Which of the phrases (1), (2), (3) and (4) given below each statement should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence, if none of the sentences is appropriate, mark (5) as the-answer.

Even though the school premises had a lot of space.

1) there were plenty of play areas for the children
2) there was no playground for the children
3) yet it remained under utilized.
4) there was no shortage of classrooms
5) None Of these
Correct Ans:
2 "
'there was no playground for the children'  should be used "


Q.3) Which of the phrases (1), (2), (3) and (4) given below each statement should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence, if none of the sentences is appropriate, mark (5) as the-answer.

______ but today, his performance was fairly interesting and riveted everyone to their seats.
1) He is a brilliant performer
2) He tried his best to entertain everyone
3) His performances are generally boring
4) Although he performed after a very long time
5) None Of these
Correct Ans:
3 "
'His performances are generally boring' should be used"


Q.4)

Which of the phrases (1), (2), (3) and (4) given below each statement should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence, if none of the sentences is appropriate, mark (5) as the-answer.

In order to help the organization come out of the huge losses, the employees _______.

1) demanded a compensatory package
2) started an agitation against the management
3) decided to join the rival organization
4) decided to file a case against the organization
5) None Of these
Correct Ans:
5


Q.5)

Which of the phrases (1), (2), (3) and (4) given below each statement should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence, if none of the sentences is appropriate, mark (5) as the-answer.

__________ before being packaged for distribution in the market.

1) The milk is Pasteurized
2) After the milk is Pasteurized
3) Until the milk is Pasteurized
4) Firstly the Pasteurization of milk
5) None Of these
Correct Ans:
1

Q.1) Which of the following is a name of Indian Private Sector Bank  ?
1) Corporation Bank
2) Dena Bank
3) UCO Bank
4) South Indian Bank
5) None Of these
Correct Ans:
4


Q.2) A Committee recently formed under the Chairmanship of Nechiket Mor by RBI has recommended to increase the lending percent in the priority sector from 40 % to _____ .
1) 45%
2) 50%
3) 55%
4) 60%
5) None Of these
Correct Ans:
2 "
A Committee recently formed under the Chairmanship of Nechiket Mor by RBI has recommended to increase the lending percent in the priority sector from 40 % to 50%."


Q.3) Who will head the Special Investigation Team (SIT) set up to unearth black money?
1) Justice M B Shah
2) Justice A K Mathur
3) Justice D K Verma
4) Justice R S Patnaik
5) None Of these
Correct Ans:
1"
Justice M B Shah will head the Special Investigation Team (SIT) set up to unearth black money."


Q.4)

NABARD was established to provide loans to–

(A) Cottage Industry  (B) Small Scale Industry  (C) Agriculture

1) Only A
2) Only B
3) Only c
4) All of the above
5) None Of these
Correct Ans:
4 "
National Bank for Agriculture & Rural Development."


Q.5) How many banks were nationalised in 1969 ?
1) 12
2) 4
3) 14
4) 16
5) None Of these
Correct Ans:
3 "Second time 6 banks were nationalized on April 15, 1980."

Q.1) Project Arrow is associated with which department ?
1) Railway
2) Sports
3) Finance
4) Post
5) None Of these
Correct Ans:
4 "Project Arrow is related to the mordeanization of Post office is India."


Q.2) What is the meaning of Gilt Edged Market ?
1) Bull Market
2) Government Security
3) Commodity Market  
4) Bullion Market
5) None Of these
Correct Ans:
2


Q.3) Recently Y. H. Malegaam Committee gave its recommendations in which of the following fields?
1)Agriculture
2) Interest on Micro Finance Credit
3) Rural Development
4) Money Market  
5) capital Marke
Correct Ans:
2


Q.4) Broad Money is known as ?
1) M1
2) M2
3) M3
4) M4
5) None Of these
Correct Ans:
3


Q.5) Which of the following scheme is related to Financial Inclusion ?
1) SABLA
2) Swabhiman
3) Aadhar
4) Abla
5) None Of these
Correct Ans:
2

Q.1) India ranked No. 1 ICCI Twenty 20 International Team ranking announced in Dubai. India replaced which country from the top position?
1) Australia
2) Sri Lanka
3) England
4) West Indies
5) None Of these
Correct Ans:
2 "
In the past 12 months, India lost only one T20 I matches, whereas Sri Lanka lost four matches."


Q.2) Which of the following is/are Non Tax Revenue component of Union Budget of India ?

(A) Custom Duties         (B) Interest Reciepts    (C) Dividend & Profits

1) Only A
2) Only B
3) Only C
4) Only A & C
5) None Of these
Correct Ans:
4


Q.3) Headquarter of NABARD is located at–
1) Lucknow
2) Mumbai
3) Kolkata
4) Delhi
5) None Of these
Correct Ans:
2


Q.4) Basel Norms are associated with -
1) Share Market
2) Banking
3) Insurance
4) Medical
5) None Of these
Correct Ans:
2 "
Basel is a city of Switzerland where the headquarter of Bank of International Settlement (BIS) is located. BIS issued the guidelines of basel norms."


Q.5) Rural Infrastructure Development Fund is operated by -
1) SIDBI
2) RBI
3) SEBI
4) NABARD
5) None Of these
Correct Ans:
4 NABARA

Q.1) According to the latest data released by Central Statistics Office (CSO), which among the following states has emerged as fastest growing state during 2012-13?
1) Kerela
2) Bihar
3) Gujarat
4) Karnataka
5) None Of these
Correct Ans:
2


Q.2) Recently, RBI has extended the deadline for the implementation of Basel-III capital regulations by Indian Banks. What is the new deadline?
1) March 2016
2) March 2017
3) March 2018
4) March 2019
5) None Of these
Correct Ans:
3 "
The deadline for full Implementation of Basel III capital regulations in India is March 31,2019 instead of March 31,2018."


Q.3) Which country hosted the 3rd nuclear summit 2014?
1) United States
2) South Korea
3) Neatherlands
4) India
5) None Of these
Correct Ans:
3 "
Nuclear Security Summit (NSS)
NSS is a world summit aims at preventing nuclear terrorism around the globe.
YEAR   HOST COUNTRY   HOST CITY
2010    United States  Washington,D.C.
2012    South Korea    Seoul
2014    Neatherlands   The Hague
2016    United States    -"


Q.4) According to Global Hunger Index Report 2013 ,India is ranked at ___ .
1) 60
2) 61
3) 62
4) 63
5) None Of these
Correct Ans:
4 "According to Global Hunger Index Report 2013 ,India is ranked at 63rd."


Q.5) Which Indian dairy co-operative launched the country’s first ‘Milk ATM’ in Gujarat?
1) Mother Dairy
2) Amul
3) Parag
4) Namaste India
5) None Of these
Correct Ans:
2 "
Amul launched the country’s first ‘Milk ATM’ (Any Time Milk) in Gujarat."

Q.1) Which company has been permitted by the Reserve Bank of India (RBI) to set up at least 9,000 white label ATMs over the next three years in rural India?
1) Srei Infrastructure Finance
2) IDFC Private Limited
3) Larson and Tubro
4) Bandhan Financial Services
5) None Of these
Correct Ans:
1 "
Srei Infrastructure Finance has been permitted by the Reserve Bank of India (RBI) to set up at least 9,000 white label ATMs over the next three years in rural India."


Q.2) Headquarters of ASEAN is located at ?
1) Kathmandu
2) Geneva
3) New York
4) Jakarta
5) None Of these
Correct Ans:
4 "
Headquarters of ASEAN is located at Jakarta (Indonesia)."


Q.3) The retirement fund body EPFO has decided to provide Universal Account Numbers (UAN) to its subscribers by ___
1) August 15
2) July 30
3) October 15
4) November 1
5) None Of these
Correct Ans:
3 "
 The EPFO has decided to provide permanent or universal account numbers (UAN) on the pattern of core banking services to its over five crore active subscribers by October 15, 2014."


Q.4)

Match the recently formed RBI committees with their heads correctly.

(A)  Governance of Board of banks                                      (a) Bimal Jalan
(B)  Financial Inclusion                                                         (b) Nechiket Mor
(C)  To scrutinize applications for new bank licenses             (c) Urjit Patel
(D)  To examine the current monetary policy framework       (d) P J Nayak

1) Ac, Ba, Cd, Dc
2) Ab, Ba, Cd, Dc
3) Ad, Bb, Ca, Dc
4) Aa, Bc, Cd, Db
5) None Of these
Correct Ans:
Aa, Bb, Cc, Dd


Q.5)

Apart from India, which of the following South Asian countries have been declared Polio free by WHO, recently?

(A) Bangladesh  (B) Pakistan  (C) Nepal  (D) Bhutan 

Chose the correct answer from the codes given below:

1) Only A & B
2) Only B &
3) Only A, C & D
4) A, B, C & D
5) None Of these
Correct Ans:
3 "
The 11 countries in the South East Asia region are Bangladesh, Bhutan, Democratic People’s Republic of Korea, India, Indonesia, Maldives, Myanmar, Nepal, Sri Lanka, Thailand and Timor- Leste which have been declared Polio free by WHO, recently."

Q.1) Who is the President of China?
1) Janos Ader
2) Jigme Khesar Namgyel
3) Xi Jinping
4) Milos Zeman
5) None Of these
Correct Ans:
3


Q.2) The Sports person of the year at the India Sport Award By FICCI is-
1) Saina Nehwal
2) Dipika Pallikal
3) P.V. Sindhu
4) Deepika Kumari 
5) None Of these
Correct Ans:
4 "India's top archer Deepika Kumari was named the Sportsperson of the Year at the India Sports Awards, presented by FICCI."


Q.3) Who is the author of the book ‘India at Risk’?
1) Dr. Ravindranath Srivastava
2) Arundhati Roy
3) Dr. N Jadhav
4) Jaswant Singh
5) None Of these
Correct Ans:
4 "
Jaswant Singh’s new book India at Risk is a powerful revelation of what really happened behind the scenes."


Q.4)Which state will became the first state to appoint a real estate regulatory?
1) Maharashtra
2)  Gujarat
3) Andhra Pradesh
4) Karnataka
5) None Of these
Correct Ans:
1 "
Maharashtra will became the first State to appoint a real estate regulatory body."


Q.5) Which country on February 24, 2014, approved the Anti-gay Bill, which impose tough penalties for homosexual acts?
1) Uganada
2) Canada
3) China
4) The USA
5) None Of these
Correct Ans:
1 "
The Uganda Anti-Homosexuality Act, 2014 was passed by the Parliament of Uganda on 20 December 2013."

Q.1) The MESSENGER is a robotic NASA spacecraft orbiting which among the following planets?
1) Mars
2) Mercury
3) Earth
4) Jupiter
5) None Of these
Correct Ans:
2 "
Messenger is a robotic NASA spacecraft orbiting the planet Mercury, the first spacecraft ever to do so."


Q.2) With which one of the following countries India has recently concluded an agreement under Foreign Account Tax Compliance Act (FATCA) to combat tax evasion?
1) USA
2) Russia
3) Switzerland
4) Netherland
5) None Of these
Correct Ans:
1 "India has signed agreement with the US to combat possible tax evasion by Americans through Indian financial entities."


Q.3) The Chairman of National Water Resource Council of India is ___.
1) Prime Minister
2) Home Minister
3) Minister of Agriculture
4) Minister of water resource
5) None Of these
Correct Ans:
1 "
Prime Minister is the Chairman of the National Water Resource Council."


Q.4) The WTO’s Trade Facilitation Agreement, which was much in news in recent times was signed at…………………..
1) Doha
2) Marakkesh
3) Bali
4) Tokyo
5) None Of these
Correct Ans:
3 "The 159 members of the WTO had adopted the 'Bali package' after December 2013 meeting."


Q.5)The “Katni-Satna-Singarauli” region in Madhya Pradesh is well known for __.
1) Mango production
2) Coal production
3) Cement production
4) Diamond polishing
5) None Of these
Correct Ans:
3 "
The Katni-Satna-Singarauli region is one of the largest cement producing regions in the country."

Q.1) The world’s first museum dedicated to the pro-democracy protests in Beijing Tiananmen Square has opened in ___.
1) Shanghai
2) Hong Kong
3) Bangkok
4) New Delhi
5) None Of these
Correct Ans:
2 "
The world’s first museum dedicated to the 1989 pro-democracy protests in Beijing’s Tiananmen Square has opened in Hong Kong."


Q.2) Justice Rajendra Mal Lodha is the ____ Chief Justice of India.
1) 40
2) 41
3) 42
4) 43
5) None Of these
Correct Ans:
2 "Justice R.M. Lodha is the 41st Chief Justice of India. He will succeed Justice P Sathasivam."


Q.3) The theme of “World Malaria Day-2014” is ____.
1) Create Awareness, Curb Malaria
2) Invest in Future. Defeat Malaria
3) No Mosquitoes No Malaria
4) Say Good Bye to Malaria
5) None Of these
Correct Ans:
2 "
The World Malaria day was observed on 25 April 2014 across the world to raise awareness of the disease."


Q.4) Recently, which South Asian country signed a 10 year pact that would allow US military in that nation?
1) Thailand
2) Afghanistan
3) Philippines
4) Japan
5) None Of these
Correct Ans:
3 "
The US and Philippines have reached a 10 year pact that would allow a larger U.S military presence in this South Asian nation."


Q.5) >What is the maximum tenure of Cash Management bill?
1) 30 days
2) 45 days
3) 60 days
4) 91 days
5) None Of these
Correct Ans:
4 "
CMBs in India are non-standard, discounted instruments issued for maturities less than 91 days."

Q.1)

What approximate value will come in place of the question mark (?) in the following questions ? (You are not expected to calculate exact value.)

(32.51)² -(17.45)² = ?

1) 780
2) 850
3) 680
4) 820
5) 750
Correct Ans:
5


Solutions :-

?=(32.51)²-(17.45)²
? = (32.51+ 1 7.45) (32.51 - 17.45) 
? = 49.96x15.06
= 750


Q.2)

What approximate value will come in place of the question mark (?) in the following questions ? (You are not expected to calculate exact value.)

88.25% of 450 = ?% of 530
1) 70
2) 68
3) 75
4) 80
5) 65
Correct Ans:
3


Q.3)

What approximate value will come in place of the question mark (?) in the following questions ? (You are not expected to calculate exact value.)

117.95 × 8.017 × 4.98 = ?

1) 4670
2) 4780
3) 4840
4) 4720
5) 4800
Correct Ans:
4


Solutions :-

? = 118 × 8 × 5
? = 4720


Q.4)

In these questions, a question is given followed by information in three statements consider the information in all the three statements and decide the information in which statement(s) is not necessarily required, to answer the question and therefore can be dispensed  with. Indicate your answer accordingly.

How many students from Institute ‘A’ got placement?
I.    Number of students studying in Institutes A & B are in the ratio of 3:4 respectively.
II.  Number of students who got placement from Institute B is 120% of the number of students who got placement from Institute A.
III. 80% of the students studying in Institute B got placement.

1) None of the statements can be dispensed with
2) Only I
3)  Only II
4) Any one of the three
5) Question cannot be answered even with the information in all three statements
Correct Ans:
5


Solutions :-

From I
 Let the number of students in institute A and B be 3x and 4x respectively. From statement I and III none answer will be found because information is inadequate.


Q.5)

In these questions, a question is given followed by information in three statements consider the information in all the three statements and decide the information in which statement(s) is not necessarily required, to answer the question and therefore can be dispensed  with. Indicate your answer accordingly.
What is the monthly income of Mr. X ?
I.     Mr. X spends 85% of his income on various items and remaining amount is saved.
II.   The Monthly savings of Mr. X are Rs. 4,500/-.
III.  Out of the total money spent by Mr. X in a month,one-fifth is spent on food and the amount of Rs. 20,400 on other items. 

1) Only ll
2) Only llI
3) Only either II or III
4) Question cannot be answered even with the information in all three statement
5) None Of these
Correct Ans:
5


Solutions:-

Q.1)

In each of these questions a number series is given. Below the series one number is given followed by (a), (b), (c), (d) and (e). You have to complete this series following the same logic as in the original series and answer the question that follows.
5      9      25       91    414      2282.5
3     (a)    (b)      (c)    (d)         (e)

What will come in place of (c) ?

1) 63.25
2) 63.75
3) 64.25
4) 64.75
5) None Of these
Correct Ans:
4


Solutions :

Original number series
 5 x 1.5 + 1.5 = 7.5 + 1.5 = 9
 9 x 2.5 + 2.5 = 22.5 + 2.5 = 25
 25x3.5+3.5 = 87.5+3.5 = 91
 91 x 4.5 + 4.5 = 409.5 + 4.5 = 414
 Like this,
 (a) Þ 3x1.5+ 1.5 = 4.5+ 1.5 = 6
 (b) Þ 6 x 2.5 + 2.5 = 15 + 2.5 = 17.5
 (c) Þ 17.5 x 3.5 + 3.5 = 61.25 + 3.5  = 64.75


Q.2)

In each of these questions a number series is given. Below the series one number is given followed by (a), (b), (c), (d) and (e). You have to complete this series following the same logic as in the original series and answer the question that follows.
15     9      8     12     36     170
19    (a)   (b)    (c)    (d)      (e)

What will come in place of (b) ?

1) 18
2) 16
3) 22
4) 24
5) None Of these
Correct Ans:
2


Solutions:

Original number series
 15x1-1x 6= 15-6 = 9
 9x2-2x5 = 18-10=8
 8x3-3x4 = 24-12 = 12
 12x4-4x3 = 48-12 = 36
 36x5-5x2 = 180-10=170
 Like this,
 (a)  19x 1-1x6 = 19-6=13
 (b)  13 x2-2x5 = 26-10=16


Q.3)

In each of these questions a number series is given. Below the series one number is given followed by (a), (b), (c), (d) and (e). You have to complete this series following the same logic as in the original series and answer the question that follows.
7      6       10      27    104     515
9     (a)     (b)     (c)     (d)      (e)

What will come in place of (d) ?

1) 152
2) 156
3) 108
4) 112
5) None Of these
Correct Ans:
1


Solutions :-

Original number series
 7x1-1=6  
 6x2-2 = 10
 10 x 3- 3 = 27
 27x4-4 = 104
 104x5-5=515
 Like this,
 (a) Þ 9x1-1 = 8
 (b) Þ 8x 2-2 = 14
 (c) Þ 14x 3-3 = 39
 (d) Þ 39x4-4 = 152


Q.4)

In each of these questions a number series is given. Below the series one number is given followed by (a), (b), (c), (d) and (e). You have to complete this series following the same logic as in the original series and answer the question that follows.
6     16     57     244    1245    7506
4    (a)      (b)     (c)      (d)       (e)

What will come in place of (d) ?

1) 985
2) 980
3) 1004
4) 1015
5) None Of these
Correct Ans:
5


Solutions :

Original number series
 6x²+2² = 12 + 4 = 16
 16 x 3 + 3² = 48 + 9 = 57
 57x4+ (4)² = 228+ 16=244
 244 x 5 + (5)² = 1220 + 25 = 1245
 Like this,
 (a)  4 x 2 + 2² = 8 + 4 = 12
 (b) 12x3+ 3² = 36+ 9 = 45
 (c) 45 x 4 + 4² = 180 + 16 = 196
 (d)  196x5+ 5² = 980 + 25 = 1005


Q.5)

In each of these questions a number series is given. Below the series one number is given followed by (a), (b), (c), (d) and (e). You have to complete this series following the same logic as in the original series and answer the question that follows.
8     9       20     63     256      1285
5     (a)    (b)     (c)     (d)         (e)

What will come in place of (e) ?

1) 945
2) 895
3) 925
4) 845
5) None Of these
Correct Ans:
3


Solutions :
Original number series
 8x1+1=9
 9 x 2 + 2 = 20
 20 x 3 + 3 = 63
 63 x 4 + 4 = 256
 256x5+ 5 = 1285
 Like this,
 (a) 5x1+1 = 6
 (b) 6 x 2 + 2 = 14
 (c) 14 x 3 + 3 = 45
 (d) 45 x 4+ 4 = 184
 (e) 184x5 + 5=925

Q.1) The “Project 75” of India is a project related to ___.
1) Military
2) Renewable Energy
3) Pharmaceuticals
4) Communication
5) None Of these
Correct Ans:
1 "
The project 75 is one of the India’s most closely guarded military projects."


Q.2) Who among the following has been honoured as the Most Popular All Time International Star in India at IIFA awards 2013-14?
1) Johny Depp
2) Kevin Spacey
3) John Travolta
4) Tom Cruise
5) None Of these
Correct Ans:
3 "
John Travolta, the famous super star of Hollywood honoured as most popular All Time International Star in International Indian Film Academy (IIFA) awards 2014."


Q.3) Which of the following is correct with regard to repo transaction ?
1) Banks sell securities to RBI and liquidity is injected in the system
2) RBI sells the securities to bank and liquidity is injected in the system
3) RBI buys the securities from bank and liquidity is absorbed
4) Banks sell the securities to RBI and liquidity is absorbed
5) None Of these
Correct Ans:
1 "
A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is the sale of securities together with an agreement for the seller to buy back the securities at a later date."


Q.4) What is the name of Google’s new project which intends to provide high speed broadband internet connection in selected cities?
1) Google Net
2) Google Fiber
3) Google Demo
4) Google Connect 
5) None Of these
Correct Ans:
2 "
Google fiber is the google’s fiber-to-the-premises service in the United States, providing broadband internet and television to a small and slowly growing number of locations."


Q.5) What is the present SLR rate?
1) 25%
2) 40%
3) 22.5%
4) 23%
5) None Of these
Correct Ans:
3 "
Presently, the SLR is 22.5%. SLR restricts the bank's leverage in pumping more money into the economy."

Q.1) The Hindi writer selected for Saraswati Samman 2013 is - 
1) Ganpati Mishra
2) Vishwanath Tripathi
3) Govind Mishra
4) Narendra Kohli
5) None Of these
Correct Ans:
3 "The Hindi writer selected for Saraswati Samman 2013 is  Govind Mishra  for his book Dhool Paudho Par published in 2008."


Q.2) Mumbai International Film Festival (MIFF) for Documentary, Short and Animation Films was held in Mumbai from 3 to 9 February 2014 . Which of the following films got  Best Documentary Film (Above 40 minutes) award? 
1) Black Rock
2) Chakravyuh
3) Are You Listening
4) True Love Story
5) None Of these
Correct Ans:
3 "
Are You Listening is the film which got the Best Documentary Film (Above 40 minutes) award."


Q.3)>Who has been appointed as Chairman and Managing Director (CMD) of Oil and Natural Gas Corporation (ONGC)? 
1) Dinesh K. Sarraf 
2) Sudhir Vasudeva
3) S.K. Jauhari
4) M.K. Jain
5) None Of these
Correct Ans:
1


Q.4) Recently Admiral Robin K. Dhowan took over as the 22nd Chief of Indian Navy. He has succeeded whom?      
1) D. K. Joshi
2) P.K. Mishra
3) J.K. Joshi
4) S.K. Sinha
5) None Of these
Correct Ans:
1 "
Admiral Robin K. Dhowan took over as the 22nd Chief of Indian Navy. He has succeeded D. K. Joshi."


Q.5) _______ won the DSC Prize for South Asian Literature 2014?
1) Ranjan Mathai
2) Cyrus Mistry
3) Chetan Bhagat
4) Ramdarsh Mishra
5) None Of these
Correct Ans:
2 "
Cyrus Mistry gets the DSC Prize for South Asian Literature - 2014 at the Jaipur Literature Festival in Jaipur."

Q.1) _________ is the money paid out from an account either from a withdrawal or a transaction that result in decreasing the cash balance.
1) Debit
2) Equity
3) Debenture
4) Bond
5) None Of theses
Correct Ans:
1


Q.2) The mission of _____________is to promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives.
1) RBI
2) RRBs
3) NABARD
4) SIDBI
5) None Of theses
Correct Ans:
3 "
The mission of NABARD is to promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives.
 · Its  Institutional Department has been initiating various programmes and initiatives for strengthening of cooperatives since 1972. "


Q.3) What does letter ‘L’ denotes in CAMELS ratings?
1) Leverage
2) Liability
3) Liquidity
4) Lien
5) None Of theses
Correct Ans:
3 ">
CAMELS
 C– Capital Adequacy
 A– Asset Quality 
 M– Management Quality 
 E– Earnings 
 L – Liquidity 
S– Sensitivity to Market Risk"


Q.4) India and Maldives have agreed to jointly patrol and conduct surveillance to strengthen maritime security in __________region. 
1) Bay of Bengal
2) Pacific Ocean
3) Indian Ocean
4) Atlantic Ocean
5) Arctic Ocean
Correct Ans:
3 "
India and Maldives have agreed to jointly patrol and conduct surveillance to strengthen maritime security in Indian Ocean region."


Q.5) Recently who has been conferred with the highest honour of the Rotary Club  Award of Honour in New Delhi?
1) President of India, Pranab Mukherjee
2) Prime Minister of India, Dr. Manmohan Singh
3) Former President of India, Dr. A.P.J. Abdul Kalam
4) Dalai Lama
5) None Of theses
Correct Ans:
1 "
The President of India, Pranab Mukherjee was conferred Award of Honour in New Delhi. The award was presented by Ron Burton, President of Rotary International at Rashtrapati Bhavan."

Q.1) Recently N.R. Narayana Murthy, the founder and executive Chairman of __________ was honoured with the 2014 'Canada India Foundation Chachalani Global Indian Award' in Toronto, Canada .
1) Infosys
2) TCS
3) Wipro
4) IBM
5) None of these
Correct Ans:
1 "N.R. Narayana　Murthy is the fifth recipient of the 2014 Canada India Foundation Chachalani Global Indian Award and was awarded for his remarkable works in the IT sector.　"


Q.2) Recently England's Snooker Player _________won World Snooker Championship 2014 held in Sheffield, England. He defeated Ronnie O Sullivan.
1) Alex Davies
2) Dave Harold
3) Yu Delu
4) Mark Selby
5) None of these
Correct Ans:
4 "
Mark Selby defeated Ronnie O Sullivan with 18-14. By this win he earned his first World Title and also became World No. 1 Rank holder in Snooker."


Q.3) Recently Saurabh Chandra assumed charge as Secretary, Ministry of Petroleum & Natural Gas, Government of India. He succeeded ___________.
1) Shubham Singh
2) R.K. Rao
3) Sumit Saxena
4) Vivek Rae
5) None of these
Correct Ans:
4 "
Saurabh Chandra assumed charge as Secretary, Ministry of Petroleum & Natural Gas, Government of India. He succeeded Vivek Rae. An officer of the Indian Administrative Service, belonging to the 1978 Batch (UP), Saurabh Chandra was earlier Secretary, Department of Industrial Policy and Promotion, Government of India since 17th April, 2012. "


Q.4) The bank should have net profit for the last ________consecutive years to be  permitted to set up the joint venture company for undertaking the insurance business with risk participation subject to safeguards.
1) 6
2) 3
3) 5
4) 10
5) None of these
Correct Ans:
2 "Only the banks which satisfy the eligibility criteria given below will be permitted to set up the joint venture company for undertaking insurance bussiness with risk participation , subject to safeguards:
 i. The net worth of the bank should not be less than Rs. 500 crore
 ii. The CRAR  of the bank should not be less than 10 percent
 iii. The level of non-performing assets should be reasonable
 iv. The bank should have net profit for the last three consecutive years, etc."


Q.5) Cheque Truncation is the process of stopping the flow of the physical cheque issued by a drawer at some point with the presenting bank en-route to the drawee bank branch. In its place an electronic image of the cheque is transmitted to the drawee branch by the clearing house.
Which among the following is/are its advantage(s) to the customers?
(A)  Shorter clearing cycle
(B)  Superior verification and reconciliation process
(C)  Reduction in operational risk
(D)  Increase in risks associated with paper cheque clearing

 

1) A and B
2) B and C
3) C and D
4) A, B and C
5) None of these
Correct Ans:
4 "
The benefits from CTS could be summarized as follows –
· Shorter clearing cycle
· Superior verification and reconciliation process
· No geographical restrictions as to jurisdiction
· Operational efficiency for banks and customers alike
· Reduction in operational risk and risks associated with paper cheque clearing"

Q.1) Recently Reserve Bank of India granted banking licences to infrastructure financing firm IDFC and microfinance institution Bandhan from among ____________ applicants that included corporate heavyweights ADAG Group, Aditya Birla Group and Bajaj Group.
1) 25
2) 26
3) 20
4) 27
5) None of these
Correct Ans:
1 "
lReserve Bank of India granted banking licences to infrastructure financing firm IDFC and microfinance institution Bandhan from among 25 applicants that included corporate heavyweights ADAG Group, Aditya Birla Group and Bajaj Group.
l The in-principle approval granted to infrastructure financing firm IDFC and microfinance institution Bandhan will be valid for a period of 18 months during which the applicants have to comply with the requirements under the guidelines and fulfil the other conditions as may be stipulated by the RBI."


Q.2) Recently RBI extended the timeline for full implementation of Basel III norms to __________instead of 31 March 2018.
1) 31 March 2020
2) 31 March 2021
3) 31 March 2019
4) 31 March 2022
5) None of these
Correct Ans:
3 "RBI extended the timeline for full implementation of Basel III norms to 31 March 2019 instead of 31 March 2018."


Q.3) What is the estimated requirement for implementing one-rank-one-pay scheme for armed forces in 2014 15, in the Interim Budget for 2014?
1) Rs. 100 crore
2) Rs. 700 crore
3) Rs. 1000 crore
4) Rs. 500 crore
5) None of these
Correct Ans:
4 "
Highlights of Interim Budget 2014:
l  Fiscal deficit for current fiscal to be 4.6%
l  Revenue deficit estimated at 3% for current fiscal
l  Excise duty on SUVs cut from 30 to 24%, in large and mid segment cars from 27 24% to 24 20%
l  No changes in tax laws in interim budget
l  Excise duty cut from 12 to 10 per cent in capital goods sector to stimulate growth
l  Excise duty on mobile handset to be 6% on CENVAT credit to encourage domestic production
l  Rs. 500 crore estimated requirement for implementing one-rank-one-pay scheme for armed forces in 2014-15
l  Rs. 6000 crore to rural housing fund, Rs. 2000 crore for urban housing fund, etc.
"


Q.4) _____________is a financial instrument by which company invite the public to invest their money in the company and investor can become a partner of the company.
1) Debit
2) Equity
3) Debenture
4) Bond
5) None of these
Correct Ans:
2 "
Debenture :It is a loan issued by a firm, involving a fixed repayment schedule, in terms of both time and interest.
 Debit: Money paid out from an account either from a withdrawal or a transaction that result in decreasing the cash balance.
 Equity: Equity is a financial instrument by which company invite the public to invest their money in the company and investor can become a partner of the company. Generally, when the company have insufficient money to expand its business it comes with equity shares.
 Bond: A certificate of debt (usually interest bearing or discounted) that is issued by a government or corporation in order to raise money. The bond issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal.
"


Q.5) Recently P.J. Nayak headed the RBI panel that recommend for diluting govt. stake in public sector banks to below ______.
1) 60%
2) 70%
3) 30%
4) 50%
5) None of these
Correct Ans:
4 "
RBI panel headed by ex Chairman of Axis Bank, P.J. Nayak recommend for diluting govt stake in public sector banks to below 50%."

Q.1)The planning commission of India was set up in..............
1) 1950
2) 1951
3) 1954
4) 1955
5) None of these
Correct Ans:
1 "
1950
 The planning commission of India was set up on 15th March, 1950, with Prime Minister Jawaharlal Nehru as chairman. It is an institution in the Government of India, Which formulates India' Five-Year Plans."


Q.2)Part of which Indian river course has been declared as India's first eco-sensitive zone by the union government ?
1) Ganga
2) Brahmaputra
3) Godavari
4) Mahanadi
5) None of these
Correct Ans:
1"
Ganga
 The Union Government declared the Natural course of the Ganga is 135 km stretch from Gaumukh to Uttarkashi in Uttarakhand as India's first "eco-sensitive" zone. This mean that part of the river cannot be disturbed for any projects."


Q.3) The President of India appoints the chairman and member of the national Human Rights Commission on whose recommendations ?
1) Prime Minister of India
2) Speaker of Lok Sabha
3) Home Minister
4) Deputy Chairman of Rajya Sabha  
5) All of the above
Correct Ans:
5


Q.4) What is Amfis related to in India ?
1) Banking
2) Mutual Funds
3) Marketing & Finance
4) Power Industry
5) Information Technology
Correct Ans:
2 "
Mutual Fund
Amfi : Association of Mututal Funds of India"


Q.5) Who is Christine Lagarde?
1) Chief of WTO
2) President of France
3) Minister of Economy and Finance in France
4) Prime Minister of Russia
5) None of these
Correct Ans:
5 "
Franch Minister of Economy and Finance
"

Q.1) When there is one buyer and many sellers in a market, what is this situation called ?
1) Monopoly
2) Oligopoly
3) Monopsony
4) Monotony
5) None of these
Correct Ans:
3 "
Monopsony
A monopsony is a market form in which only one buyer faces many seller. It is an example of imperfect competition, similar to monopoly. The term was first introduced by Joan Robinson in her influential book."


Q.2) What do we call a situation, when the government meet the gap of the public expenditure and public revenue by printing new currency ?
1) Fiscal Deficit
2) Fiscal Situation
3) Deficit Financing
4) Differential Accumulation
5) None of these
Correct Ans:
3 "
Deficit Financing
Deficit Financing usually refers to conscious attempt to stimulate the economy by lowering tax rates or increasing government expenditures. Under  it, government spends more money than it receives as revenue."


Q.3) Fiscal Policy means.......................
1) Credit Policy
2) Planning Policy
3) Taxation policy
4) Subsidy Policy
5) Foreign Policy
Correct Ans:
3


Q.4) Majlis is the parliament of which of the following countries ?
1) Iran
2) Pakistan
3) Afghanistan
4) Turkey
5) Iraq
Correct Ans:
1


Q.5) In which city National Institute of Virology is situated ?
1) Pune
2) Bengaluru
3) Chennai
4) Hyderabad
5) New Delhi
Correct Ans:
1 "
Pune
The National Institute of Virology, Pune is India's premier Virology Research Institute, part of Indian Council of Medical Research (ICMR)."

Q. 1 )

Micro credit in India comes under......................

1) Private Banking
2) NBFC
3) Rural Banking
4) Cooperative Banking
5) None of these
Correct Ans:
2 "Non-Banking Financial Comapny
 NBFCs are financial institutions that provide banking services without meeting the legal definition of a bank."


Q. 2) Which of the following is a business organisation ?
1) Planning Commission
2) Oil and Natural Gas Corporation
3) Election Commission
4) Short Service Commission
5) None of these
Correct Ans:
2 "Oil and Natural Gas Corporation
 ONGC is Asia's largest and most active company in exploration and production of oil. It was founded an 14th August 1953."


Q. 3)How many times the President of India can seek re-election to his post ?
1) Only Once
2) Two times
3) Three-times
4) Any number of times
5) None of these
Correct Ans:
4 ""


Q.4)Cheap money means ?
1) Low rate of income
2) Low level of saving
3) Low rate of interest
4) Low rate of loan
5) None of these
Correct Ans:
3


Q.5)The world's local bank’ is the tag line of which bank ?
1) ABN Amro
2) Standard Chartered bank
3) Rabo bank
4) Hong Kong and Shanghai Banking Corporation
5) None of these
Correct Ans:
4 "HSBC"