1. Which statement is true about Financial intermediaries?
[A] The institutions that channel funds from savers to users are called financial intermediaries.
[B] Institutions that channel funds between surplus and deficit agents are called financial interme diaries.
[C] Financial intermediaries serve as a middleman between saver and borrower.
[D] All of the above
[E] None of These
2. Who among the following would be conferred with the Presidential Medal of Freedom?
[A] Oprah Winfrey
[B] Bill Clinton
[C] Hillary Clinton
[D] Both 1 and 3
[E] None of These
Explanation : Barack Obama
3. Which among the following is a highlight of the Companies Bill that was presented in the Parliament?
[A] The new legislation, would replace the nearly 57-year-old Companies Act of 1956
[B] The proposed legislation would ensure setting up of special courts for speedy trial and stronger steps for transparent corporate governance practices
[C] In case, entities are unable to comply with the CSR rules, they would be needed to give explanations. Otherwise, they would face action, including penalty
[D] All of the above
[E] None of These
4. Cabinet Committee on Economic Affairs (CCEA) has recently approved how much percent disinvestment in Indian Oil Corporation?
[A] 10%
[B] 15%
[C] 20%
[D] 25%
[E] None of These
Explanation : CCEA has approved the proposal for the sale of 10 percent Government stake in Indian Oil Corporation.
5. Which country has recently unveiled its biggest warship since World War II called "Izumo" ?
[A] China
[B] Japan
[C] South Korea
[D] Taiwan
[E] None of These
Explanation : Japan on 6 August 2013 unveiled its biggest warship since World War II called Izumo.Izumo is a flat top destroyer and it bears a strong resemblance to a conventional aircraft carrier.
6. The World Bank and the Asian Development Bank (ADB) will provide ___________for reconstruction and rehabilitation in the disaster-hit areas in Uttarakhand.
[A] $ 100 million
[B] $ 200 million
[C] $ 300 million
[D] $ 400 million
[E] None of These
Explanation : The fund would be spent in works in sectors including the housing, tourism, irrigation, agriculture, education, and health sector
7. Which statement is not true?
[A] Arundhati Bhattacharya has been appointed as the new Managing Director of the State Bank of India (SBI).
[B] Rajeev Rishi has been appointed as the Chairman and MD of Union Bank of India.
[C] Chanda Kochhar is the MD & CEO of ICICI Bank.
[D] Shikha Sharma is the MD & CEO of Axis Bank
[E] None of These
Explanation : Rajeev Rishi has been appointed as Chairman and MD of Central Bank of India. He was the Executive Director of Indian Bank since October 2010.
8. According to Tessy Thomas, Director, Agni Missile Project, Defence Research and Development Organisation (DRDO), the Agni V missile is likely to be operational by 2015. Which is not its salient feature?
[A] Intercontinental ballistic missile is developed by the Indian Space Research Organisation
[B] It is a part of the Agni series of missiles, one of the missile systems under the original Integrated Guided Missile Development Programme
[C] It will allow India to strike targets across Asia and into Europe.
[D] It has a range of 5,500?5,800 km.
[E] None of These
Explanation : The Intercontinental ballistic missile, Agni-V, developed by the Defence Research and Development Organisation (DRDO) of India.
9. Sugathakumari has been conferred with the prestigious Saraswati Samman 2012 for Manalezhuthu.Who is she?
[A] Kannad poetess
[B] Malayalam poetess
[C] Telugu poetess
[D] Telugu poetess
[E] None of These
Explanation : Malayalam poetess Sugathakumari has been conferred with the prestigious Saraswati Samman 2012 for Manalezhuthu (the Writings on the Sand), a collection of poems in Malayalam.
10. Dadra and Nagar Haveli celebrated its 60th Liberation Day on 2 August 2013. The Union Territory of Dadra and Nagar Haveli were liberated from the ----
[A] French rule
[B] Dutch rule
[C] Portuguese rule
[D] British rule
[E] None of These
Explanation : Dadra and Nagar Haveli were the parts of the Portuguese India from 1779 until 1954.
11. The book entitled 'An Agenda for India's Growth' are essays in the honour of________
[A] Pranab Mukherjee
[B] P. Chidambaram
[C] C. Rangarajan
[D] Raghuram Rajan
[E] None of These
Explanation : The book was released in New Delhi on 31 July 2013 by Prime Minister of India, Dr. Manmohan Singh
12. Which one of the following is likely to be the most inflationary in its effect?
[A] Repayment of public debt
[B] Borrowing from the public to finance a budget deficit
[C] Borrowing from banks to finance a budget deficit
[D]Creating new money to finance a budget deficit
[E] None of These
Explanation : Creating new money to finance a budget would be most inflanatory in its effect.
13. In order to continue providing electricity to all rural households, the government has decided to carry on with the Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY). Which statement is not true about it?
[A] Launched in April 2003 with the objective of providing electricity to all rural households.
[B] The programme seeks to provide free electricity connections to BPL (Below Poverty Line) households at the rate of Rs. 3,000 per connection in villages and habitations with population of above 100.
[C] The scheme was initially approved with capital subsidy of Rs. 5,000 crore for the last two years of the 10th Plan period ending March 2007
[D] Both 1 and 3
[E] None of These
Explanation : Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) was launched in April 2005 with the objective of providing electricity to all rural households.
14. India in August 2013 launched its first ever indigenously designed and built aircraft carrier INS Vikrant in Kochi. Which statement is not true about it?
[A] INS Vikrant has a length of 260 metres and it is 60 metres wide
[B] It is a 37,500 tonne aircraft carrier
[C] The aircraft carrier will join the fleet by 2018. It is set to start sea trials in 2016.
[D] India's own INS Vikramaditya, which is being retrofitted in France, is a 44,000 tonne ship
[E] None of These
Explanation : India's own INS Vikramaditya, which is being retrofitted in Russia, is a 44,000-tonne ship.
15. Nuclear Reactor of India's indigenous nuclear-powered submarine, Arihant went critical on 10 August 2013. Which statement is not true about it?
[A] Nuclear Reactor of India's indigenous nuclear-powered submarine, Arihant went critical on 10 August 2013. Which statement is not true about it?
[B] Arihant has won India a status of the nation that has blue water navy, who can travel far and wide into the sea after the nuclear reactor fitted to it went critical.
[C] It has been engineered for being propelled by a Pressurised Water Reactor (PWR), which uses enriched uranium as fuel and generate 100 MW energy.
[D] Arihant reactor is being used to train the naval officers at Kalpakkam.
[E] None of These
Explanation : Arihant has been engineered for being propelled by a Pressurised Water Reactor (PWR) , which uses enriched uranium as fuel and generate 80 MW energy.
16. Bala Venkatesh Verma in July 2013 was appointed as the next Ambassador
and Permanent Representative of India to __________
[A] IMF
[B] UN
[C] World Bank
[D] ADB
[E] None of These
Explanation : D. Bala Venkatesh Varma in July 2013 was appointed as the next Ambassador and Permanent Representative of India to the UN Conference on Disarmament, Geneva.
17. A bank has failed to meet its obligation on account of a payment on due date, due to its incapacity to pay. What kind of risk it is?
[A] Credit risk
[B] Liquidity risk
[C] Settlement risk
[D] Payment risk
[E] None of These
18. Which of the following is not included as a part of SLR assets?
[A] Cash in hand
[B] Gold owned by the bank
[C] Investment in unencumbered approved government securities
[D] Investment in gazetted shares
[E] None of These
19. Under __________, the funds are transacted by banks on an overnight basis.
[A] Money market
[B] Call money market
[C] Notice money market
[D] Term money market
[E] None of These
20. The term 'plastic money' relates to which of the following?
[A] Credit card
[B] Prepaid phone card
[C] Plastic sheet notes
[D] Both 2 and 3
[E] None of These
21. The maturity period of commercial paper fall within which of the following range?
[A] 7 days to 3 months
[B] 7 days to 6 months
[C] 7 days to 9 months
[D] 7 days to 12 months
[E] None of These
22. 'Tax Evasion and Transparency' was the theme of which among the following?
[A] G-8 Summit
[B] G-20 Summit
[C] Earth Summit
[D] SAARC Summit
[E] None of These
23. During the visit of Chinese Premire Li Keqiang to India how many agreements were signed?
[A] 5
[B] 6
[C] 3
[D] 8
[E] None of These
24. Which statement is not true?
[A] Roberto Azevedo of Brazil has been appointed as the new Director General of WTO.
[B] Tajikistan and Laos are its new members.
[C] At present WTO has 157 members
[D] Iran is still not its member
[E] None of These
Explanation : At present World Trade Organization has 159 members.
25. 'Advancing Social Integration and Intergeneranational Solidarity' is the theme of _____________.
[A] International Family Day
[B] World Refugee Day
[C] World Enviroment Day
[D] World Day Against Child Labour
[E] None of These
26. "A Very Indian Approach to Management" is written by ____________.
[A] Ruskin Bond
[B] Devdutt Pattnaik
[C] Ajay Sharma
[D] Salman Rushdie
[E] None of These
27. The country is witnessing protests demanding creation of separate states. Match the correct order.
A B
1. West Bengal
(a) Bodoland
2. Assam
(b) Gorkha Janmukti Morcha
3. Maharashtra
(c) Vidarbha
4. U.P
(d) Bundelkhand
[A] 1-b,2-a,3-d,4-c
[B] 1-b,2-c,3-d,4-a
[C] 1-b,2-c,3-d,4-a
[D] 1-a,2-c,3-d,4-b
[E] None of These
Explanation : 1-b, 2-a, 3-c, 4-d
28. Which of the following is Not a function of Regional Rural Banks?
[A] To provide banking facilities to rural and semi-urban areas.
[B] To carry out government operations like disbursement of wages of MGNREGA workers, distribution of pensions etc.
[C] To assist NABARD in policy making for funding in rural areas.
[D] To provide Para-Banking facilities like locker facilities, debit and credit cards.
[E] None of These
29. "National Urban Livelihood Mission" is proposed to replace which of the following existing schemes?
[A] Jawaharlal Nehru Urban Renewal Mission
[B] Swarna Jayanti Shahari Rozgar Yojna
[C] Urban Infrastructure Development Scheme
[D] MGNREGA
[E] None of These
Explanation : Swarna Jayanti Shahari Rozgar Yojna would be replaced by "National Urban Livelihood Mission" proposed by the Ministry of Housing and Urban Poverty Alleviation in 12th Five Year Plan.
30. What do you understand by the term 'coupon' with reference to bonds?
[A] It is a government security.
[B] It is the bond that is issued first.
[C] It is the interest rate stated on a bond when it's issued.
[D] It is issued against a bond.
[E] None of These
31. What is "Pinaka"?
[A] Indigenously developed submarine
[B] Indigenously developed rocket
[C] Surface to surface missile
[D] Air to air missile
[E] None of These
32. India bagged three top awards at the third SAARC Film Festival organised in _______________.
[A] New Delhi
[B] Colombo
[C] Beijing
[D] Kathmandu
[E] None of These
33. Recently Amjad Ali Khan was conferred with 21st Rajiv Gandhi National Sadbhavana Award. Who is he?
[A] Shehnai maestro
[B] Sarangi maestro
[C] Sarod maestro
[D] Tabla maestro
[E] None of These
34. When was Pradhan Mantri Gram Sadak Yojana (PMGSY) launched?
[A] 25th December 2000
[B] 20th February 2001
[C] 25th December 2001
[D] 30th January 2002
[E] None of These
Explanation : Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched on 25th December 2000 as a fully funded Centrally Sponsored Scheme to provide all-weather road connectivity in rural areas of the country.
35. Recently which state government has launched a unique scheme called Mukhyamantri Bijli Bachat Lamp Yojana for energy conservation?
[A] Sikkim Government
[B] Haryana Government
[C] Madhya Pradesh Government
[D] Rajasthan Government
[E] None of These
Explanation : Rajasthan Government on 27 June 2013 launched a unique scheme called Mukhyamantri Bijli Bachat Lamp Yojana for energy conservation.
36. Who has been named most powerful celebrity by Forbes 2013 list of the most powerful celebrities?
[A] Beyonce
[B] Madonna
[C] Lady Gaga
[D] Oprah Winfrey
Explanation : Oprah Winfrey clinched the top position in the Forbes' annual Celebrity 100 ranking of the most powerful celebrities.
37. Which of the following awards was given to Tan Twan Eng for his English fiction novel 'The Garden of Evening Mists'?
[A] Pulitzer Prize 2013
[B] Walter Scott Prize 2013
[C] Arthur Rense Prize 2013
[D] Man Booker Prize 2013
[E] None of These
38. When is World Telecommunication Day celebrated?
[A] May 24
[B] May 17
[C] July 11
[D] October 1
[E] None of These
Explanation : May 24 ----> Commanwealth Day, May 17 ----> World Telecommunication Day, July 11----> World Population Day, October 1----> International day for Elderly
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