December 13 Current Affairs

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INDIAN SCHOOL OF BANKING GENERAL AWARENESS
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CURRENT CURRENT
CURRENT CURRENT CURRENT
AFFAIRS AFFAIRS
AFFAIRS AFFAIRS AFFAIRS
DECEMBER - 2013
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GENERAL AWARENESS
NOBEL PRIZES
The Nobel Prize is a set of annual international awards bestowed in a number of categories
by Swedish and Norwegian committees in recognition of cultural and/ or scientific advances.
The will of the Swedish inventor Alfred Nobel established the prizes in 1895
The prizes in Physics, Chemistry, Physiology or Medicine, Literature, and Peace were first
awarded in 1901.
The related Nobel Memorial Prize in Economic Sciences was created in 1968.
The Peace Prize was awarded in Oslo, Norway, while the other prizes are awarded in
Stockholm, Sweden.
FIELD AWARDEE COUNTRY
MEDICINE / PHYSIOLOGY James Rothman US
Randy Schekman US
Thomas Sudhof Germany
PHYSICS Peter Higgs UK
Francois Englert Belgium
CHEMISTRY Martin Karplus Australia born US citizen
Michael Levitt American Britain Israel
citizen
LITERATURE Alice Munro Canada
PEACE OECW Organisation based in
Hague
ECONOMY Eugene F. Fama USA
Lars Peter Hansen USA
Robert J. Shiller USA
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IMPORTANT POINTS
Medicine or Physiology:
Three Scientists have won the Nobel Prize for medicine or physiology
after discovering how cells precisely transport material.
Prof James Rothman, from Yale University, found proteins embedded in
the vesicles which act as the docking mechanism meaning the cargo is
released in the correct location.
Prof Randy Schekman discovered the genes which regulated the
transport system in yeast.
Prof Thomas Sudhof, made breakthroughs in how the transport system
works in the brain so that neurotrans mitters are released at the precise
time.
James Rothman
Randy Schekman
Thomas Sudhof
Physics:
Two European scientists won the Nobel Prize in physics for describing the
Higgs boson, a theoretical particle that may explain where mass comes from
and advances mans understanding of how the world is constructed.
The boson is named after Higgs, one of six scientists who devised a working
theory of how elemental particles achieve mass in a three-month period in
1964. Englert had been the first to publish the theory a month earlier.
The award to Higgs and Englert was for the theoretical discovery of a
mechanism that contributes to our understanding of the origin of mass of
subatomic particles, and which recently was confirmed through the discovery
of the predicted fundamental particle by the ATLAS and CMS experiments at
CERNs large Hadron Collider.
Peter Higgs
Francois Englert
Arieh
Warshel
Michael
Levitt
Martin
Karplus
Three US scientists won the Nobel Prize for chemistry
for pioneering work on computer programmes that
simulate complex chemical processes and have
accelerated progress in areas from drugs to solar
energy.
The European Organization for Nuclear Research, known as CERN is an international
organization whose purpose is to operate the worlds largest particle physics laboratory
established in 1954.
Chemistry:
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Literature:
Canadian Alice Munro won the Nobel Prize for Literature on 10th October
for her tables of the struggles, loves and tragedies of women in small-town
Canada that made her what the award-giving committee called the master
of the contemporary short story.
Peace:
The Organisation for the prohibition of Chemical Weapons, the body
overseeing the destruction of Syrias chemical arsenal, has won
the Nobel Peace Prize.
The OPCW, based in The Hague, was established to enforce the
1997 Chemical Weapons Convention.
OPCW director general is Ahmet Uzumcu.
The OPCW is made up of 189 member states.
Born out of the Chemical Weapons convention signed by nations in 1993.
Convention entered into force in 1997, allowing OPCW to start its work.
Alice Munro
ECONOMY:
Three US Economists achieved Nobel in Economics this year.
Eugene F. Fama and Lars Peter Hansen, both professors at the University
of Chicago, and Robert J. Shiller of yale University have been pioneers in
studying the behaviour of asset prices using large amounts of detailed
financial data.
While nobody can perfectly predict stock price movements, the three
economists, through their own independent research, have been
instrumental in providing those crucial nuggets of information that have
changed the way both academics and practioners view financial markets.
FOOD BILL PASSED:
The Lok Sabha on 26th August 2013 approved the Food Security
Bill worth nearly $20 billion. The ambitious bill was adopted by the House
Eugene F.Fama
Lars Peter Hansen
Robert J. Shiller
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through a voice vote after a combined discussion on the measure and a statutory resolution
seeking to disapprove the ordinance promulgated on July 5, 2013. Over 300 amendments
moved by the opposition were rejected. The passage of the Food Security Bill in Parliament will
pave the way to give nationss two-third population the right to 5 kg of foodgrain everymonth at
highly subsidised rates of Rs.1-3 a kg. The bill will guarantee 5 kg of rice, wheat and coarse
cereals per month per person at a fixed price of Rs.3, 2, 1 respectively. However, about 2.43
crore poorest of the poor families covered under the Antyodaya Anna Yojaya (AAY) scheme
under PDS (Public Distribution System) would get legal entitlement of 35 kg of food grains per
family per month.
VICTORY FOR MUGABE:
Robert Gabriel Mugabe was reelected the President of Zimbabwe on 3rd August,
extending a 33-year reign at the helm of the country he helped liberate from white
rule in 1980. Mr. Mugabes ZANU (PF) proved similarly dominant, winning two-thirds
of the seats declared thus far. Mr. Mugabe (89) and the ZANU (PF) have rule
Zimbabwe since independence, seeing off numerous challenges through a recipe of realpolitik
and control of security forces and institutions of state.
CULTURE FEST IN MOSCOW:
A festival of Indian Culture opened in Moscow on 10th September 2013
with a concert of the renowned Bollywood Dance Group Sugar n Spice.
The organisers, the Indian Council for Cultural Relations and the Russian
Ministry of Culture, have put together an impressive programme that features
Indias top artists. Over the next two months, more than 50 Indian artists will perform in 10 cities
- from St. Petersburg in the west of Tomsk in the east and Kislovodsk in the south. Inaugurating
the festival, Ambassador to Russia Ajai Mlahotra stressed the importance of cultural exchanges
between India and Russia. Under a joint decision taken by Prime Minister Manmohan Singh and
President Vladimir Putin, India and Russia since last year hold Festivals of Culture in each others
country on an annual basis.
RAJAN COMMITTEE ON STATES BACKWARDNESS:
RBI Governor has submitted a special report on backwardness on states,
he made three categories namely least developed, relatively developed, less
developed. Odisha and Bihar, Madhya Pradesh, Chhattisgarh and Rajasthan,
are among Indias 10 Least Developed States. Goa and Kerala, along with
five other States in the Relatively Developed category, are the most
advanced. Gujarat, is in the Less Developed category and is twelfth overall. Backwardness has
been measured on the basis of monthly per capital consumption, the poverty ratio, education,
health, household amenities, female literacy, percentage of Schduled Caste/ Tribe population,
urbanisation rate, financial inclusion, and connectivity.
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DEEPAK SANDHU:
Deepak Sandhu, who has been an information commissioner for the last
four years, on September 5th became the first woman Chief Information
Commissioner of the country.
NINA DAVULURI:
Miss New York Nina Davuluri is the new Miss America. The 24-year-old aspiring
physician beat contestants from 49 other states, the US capital citys District of
Columbia, the Virgin Islands and Puerto Rico to win the coveted crown in Atlantic
City, New jersey on 15th September. In second place was Miss California Crystal
Lee.
AWARDS FOR SODHI AND KOHLI:
Ronjan Sodhi was awarded Rajiv Gandhi Khel Ratna, while cricketer Virat
Kohli and others were given Arjuna Award. This years National Sports and
Adventure awards function was held two days after the national Sports Day,
August 29, 2013 and the venue was the Durbar Hall instead of the Ashoka Hall
inside the Rashtrapati Bhawan. Apart from a medal and a citation, the Khel Ratna
award carries a cash prize of Rs. 7.5 lakh. Arjuna, Dronacharya and Dhyan Chand awards carry a
statuette, a citation and a cash prize of Rs. 5 lakh each.
PRANAB VISITED BELGIUM:
India and Belgium decided to deepen economic engagement in critical
infrastructure, nuclear energy, Information Technology and higher
education. Indian President Pranab Mukherjee met belgium prime Minister
Elio Di Rupo on 3rd October. P.S. Raghavan, Special Secretary, Ministry
of External Affairs, said at present, about 160 Belgian companies have
invested in India. The total two-way trade, dominated by diamonds, stands at 12 billion euros.
Mr. Mukherjee also focused on signing MoUs between the key Belgian universities and their
Indian counterparts such as JNU, Delhi; the University of Delhi and Hyderabad University to
collaborate on improving Indias research capabilities in cutting-edge areas such as molecular
biology. The President will officially open the Europalia cultural festival, held in Brussels every
two years to showcase the cultural heritage of one country.
INDIA AND PAK PRIME MINISTERS DISCUSSIONS:
The Prime Ministers of India and Pakistan Manmohan Singh and
Nawaj Shareef were discussed on bilateral relations, and also the
existing tense across the border of the two nations on 29th September
in New York. With the violent incidents threatening to upset the ceasefire
between India and Pakistan along the Line of Control, both the Prime
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Ministers have decided to task their respective Directors General of Military Operations with
suggesting effective means to restore the ceasefire and a way forward to ensure that remains
in force and in place.
Indias National Security Adviser, Shivashankar menon and Pakistani foreign secretary
Jalil Abbas Jilani said both leaders agreed that improving the situation on the LoC which has
seen repeated violations in recent months - is a precondition for the bilateral relationship to
move forward. Mr. Menon said that Prime Minister Manmohan Singh raised the issue of terrorism
and the need for Pakistan to take effective action against the perpetrators of the 26/11 Mumbai
attacks.
TENDULKAR ANNOUNCED RETIREMENT:
Master Blaster Sachin Tendulkar has declared retirement after playing his 200th Test against
West Indies in November, 2013. Vital statistics of his career. With
this announcement, a journey in cricket which lasted for 24 years,
comes to an end. Career statistics........
Test matches (200):
He has scored 15,921 runs at an average of 53.78, hitting 51
centuries and 68 half centuries. His top score was an unbeaten
248* against Bangladesh in Dhaka in December 2004.
One-day internationals (463):
He has scored 18,426 runs at an average of 44.83 and a strike rate of 86.23. He has
scored 49 centuries (highest score 200* against South Africa in 2010) and 96 fifties.
Twenty 20 Internationals:
He only made on international appearance in the shortest form of the game, scoring 12
from 15 balls against South Africa in December 2006.
RECORDS: (ODI)
1) Consecutive ODI Appearance : 185 2) Most Stadium Appearances : 90 different
Grounds.
3) Inning appearances : 452 (Most). First to appear in 400 innings in ODI matches.
RUNS SCORED:
1) Sachin Tendulkar First player to reach 10,000-11,000-12,000-13,000-14,000-15,000,16,000
and 17,000, 18,000 ODI runs.
2) Sachin Tendulkar has the record for scoring 1,000 ODI runs in a calener year.
3) He has done it seven times - 1994, 1996, 1997, 1998, 2000, 2003 and 2007.
ODI CENTURIES AND FIFTEES RECORD:
1) Most centuries : 49 2) Most centuries against an opponent - 9 vs. Australia
3) Most centuries against One Team Australia 20 (11 Test+9 ODI) 4) Most Fifties : 96
5) Highest number of above fifty scores in ODIs 145 (49 Centuries and 96 Fifties).
6) Most Fifties in World Cup Matches (21)
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TENDULKAR FACT FILE:
1973: Born in Bombay (now Mumbai) on 24 April.
1989: Made Test debut for India against Pakistan, aged 16.
1990: Scored first Test century, against England.
1998: Scored first double century for Mumbai against Australia.
2010: became the most capped player in Test history.
2012: Scores his 100th international century in ODI vs Bangladesh in March; Retires from
ODIs in December 2013.
WORLD CUP RECORDS:
1) Most Runs: 2120 Runs 2) Most Fifties: 13 Fifties 3) Most Hundreds: 6 Hundreds
4) Most runs in a series: 673 runs in 2003 World Cup
COMBINED (ODI & TEST & T20) RECORDS:
1) First batsman in history to score 100 centuries in international cricket. He now has 100 Centuries
(51 in Tests and 49 in ODIs), which is the record for the highest number of centuries in international
cricket.
2) Record of getting out the maximum number of times in the 90s in international matches. he
has been dismissed 27 times (17 in ODIs and 10 in Tests) on scores of 90-99. The 18
nineties (dismissed 17 times and not out once) in ODIs are an ODI record too.
AGARKAR ANNOUNCED RETIREMENT:
Ajit Agarkar announced retirement. The 35-year-old, who led Mumbai to its 40th
Ranji Trophy triumph in the 2012-13 season, played 26 Tests and took 58 wickets at
47.33 and 191 ODIs and took 288 wickets at 27.85.
KOHLI CREATED RECORD:
Vice Captain of Indian cricket team Virat Kohli has created a new record in the
second One day against Australia, held in jaipur (Sawai Man Singh Stadium) on 16th
October. Australia made, 360, India chased that gigantic score successfully. He triumph
was shaped hugely by Kohlis 16th ODI century, the fastest by an Indian Kohli took
ten balls fewer (52 balls) than Mohammad Azharuddin who brought up his in 62 delilveries
against New Zealand in 1988. It was also the Aussies highest total on India soil. This was the
second highest successful run-chase in the history of ODIs after South Africa made a stupendous
438, chasing down Australias 434 in 2006.
WORLD RECORD SWIMMER STEFFEN RETIRES:
World 50 and 100 m freestyle record-holder Britta Steffen of Germany
announced her retirement from competitive swimming on 27th September. The 29-
year-old won the 50 and 100m freestyle gold medals at the 2008. Beijing Olympic
Games, then added the world titles over both distances a year later in Rome,
Where she set world records in both events on the way to gold. But Steffen has
struggled to maintain that form in recent years.
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1) _______ selected for 28
th
Indira Gandhi Award for National Integration.
M.S. Swaminathan
2) _______, the Canadian writer, won Nobel Prize 2013 in Literature. Alice Munro
3) US President Barack obama nominated _____as the new head of the Federal Reserve
Board. Janet L. Yellen
4) RBI Governor Raghuram Rajan receives _______ Bank prize in Financial Economics
2013. Deutsche
5) Michael Levitt, Martin Karplus and Arieh Warshel won the Nobel in ______ 2013.
Chemistry
6) Auto biography of Malala Yousafzai entitled ________released. Iam Malala
7) The challenge round in which Miss India Navneet Kaur won ______ at the recent Miss
world competition held in Bali. Miss Multimedia
8) _______ appointed as Indias High Commissioner to UK. Ranjan Mathai
9) _______ decided to withdraw from the common wealth. Gambia
10) Mumbai Indians defeated _____ to clinch Champions League Twenty-20.
Rajasthan Royals
11) India post launched International Money Transfer Service _______ Instant Cash
12) Indian Air Force day observed on _______ 8
th
October
13) United National day observed on _______ 24
th
October
14) Megan young from _______ was crowned Miss World 2013. Philippines
15) K. Rahman Khan, the Union Minister for Minority Affairs launched two new schemes
namely _______ and _______ Seekho aur Kamao (Learn & Earn) and Jiyo Parsi
16) In its latest Annual Employment and Unemployment survey report for 201213 released
by Labour Bureau under Union Ministry of Labour and Employment, _______ state had
the maximum unemployed people in the country, while Chattisgarh lowest. Sikkim
17) Sachin Tendulkar announced his retirement from Test Cricket after playing his ____ Test
match. 200
th
18) India Successfully test-fired nuclearcapable prithviII missile with a range of ____ km.
350
19) China passed _______ as Biggest Oil Importer in September 2013. USA
20) _______ won European Unions Sakharov Human Rights Prize 2013. Malala Yousafzai
21) Hun sen, who has been in power of 28 years, was sworn as _______ Prime Minister for
another five-year term. Cambodian
22) Indian environmentalist Bunker Roy and _______ were declared winners of this years
Prestigious Clinton Global Citizens Awards. Malala Yousafzai
23) _______ proposed new measures for Stock Exchanges to deal with incorrect Traders.
SEBI
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24) Import duty on gold jeweller raised to _______ percent. 15
25) _______ took the charge as the Chairman and Managing Director of Corporation Bank.
S.R. Bansal
26) India signed MoU with ______ to study Mumbai-Ahmedabad high speed Rail route.
Japan
27) The Reserve Bank allowed Urban Cooperative Banks (UCBs) with total deposits of over
Rs. _______ crore to graduate to Scheduled bank category. 750
28) ADB (Asian Development Bank) lowered Indias growth projection for 201314 to ______
per cent. 4.7
29) ADB cleared USD _______ million loan for Indias infrastructure. 700
30) IMF lowered its projection of Indias growth rate to _______ %. 3.75
31) Peter Higgs, United Kingdom and Francois Englert, belgium jointly awarded Nobel Prize
for _______ 2013. Physics
32) Team Indias Manager Ranjib Biswal was appointed as the chairman of the _______ in
the Cricket Boards AGM. IPL
33) James Rothman, Randy Schekman and Thoman Suedhof won the 2013 Nobel prize for
______ Medicine
34) _______ won Bronze Medal at the Judo Tournament in Tashkent. Kalpana Devi
35) Recently _______ qualified for ICC Cricket World Cup 2015. Afghanistan
36) Ethiopias parliament elected _______ as the countrys new president for a six-year
term. Mulatu Teshome
37) Eleanor catton of _______ won the Man Booker prize 2013 for her novel The Luminar-
ies. New Zealand
38) The Ministry of Health and Family welfare appointed as the brand ambassador for its
National Tobacco control campaign. Rahul Dravid
39) The RBI appointed a committee on comprehensive financial services for Small business
and Low-Income Households under the Chairmanship of _______, who is a member on
the Central Board of Directors of RBI. Nachiket Mor
40) The Government appointed a four member committee headed by _______, Economic
Affairs Secretary to clear the ambiguity between Foreign Direct Investment (FDI) and
Foreign Institutional Investment (FII). Arvind Mayaram
41) India won Bronze medal in the 8
th
Womens Asia Cup 2013 as they defeated ______
China
42) Bharti Enterprises Ltd. and ____ have called off their joint venture recently.
Walmart stores
43) The Hollywood film based on the life of Julian Assange is _______ The Fifth State
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44) Indias rank is _______ in terms of competitiveness in the Global Competitiveness Re-
port 2013-14 released by the World Economic Forum (WEF). 60
th
45) The country hit by the powerful typhoon Usagi recently is _______ China
46) General Anti Avoidance Rules (GAAR) provisions will come into effect from ___
1 Apr, 2016
47) The Internet giant _______, who celebrated its 15th birthday recently. Google
48) As per the Raghuram Rajan report, the most developed states are____ & ____
Kerala, Goa
49) The Winner of the 2013 Womens Table Tennis World Cup is _______ Liu Siwen
50) Recently India started exporting electicity to _______ Bangladesh
51) _______ will host the 2014 NATO summit for the first time in more than 20 years.
England
52) _______ signed the CTBT (Comprehensive Test Ban Treaty) accord recently. Iraq
53) The New Marginal Standing Facility (MSF) set by the Reserve Bank of India (RBI) re-
cently is _______ per cent. 8.75
54) Recently in _______, the two day summit of the 21 member Asia-Pacific Economic Co-
operation (APEC) took place. Indonesia
55) The Korean Grand Prix Formula One championship won by _______ Sebastian Vettel
56) _______ won the mens singles title of the China Open tennis tournament.
Novak Djokovic
57) The Indian shuttler _______ approached the high court challenging the decision of BAI to
recommend a life ban on her for alleged indiscipline in the IBL. Jwala Guttha
58) Recently ASEAN-India summit took place in _______ Indonesia
59) The Cyclone _______ , hit the eastern coast of India recently and forced to evacuate
lakhs of people and devastated property worth crores of rupees. Phailin
60) Japanese Grand Prix Formula One championship won by _______ Sebastian Vettel
61) Justice MB Shah Commission is associated with _____
Illegal mining across the country
62) _______ overtook Saudi Arabia to become Worlds biggest oil producer recently. USA
63) _______ was lashed by typhoon Wipha recently. Japan
64) The commonwealth Heads of Government Meeting (CHOGM) took place in ____
Sri Lanka
65) _______ won the 2013 Macau Open Squash Womens singles. Dipika Pallikal
66) In ______, India has launched its ambitious pension scheme, the Mahatma Gandhi Pravasi
Suraksha Yojana, for the Indians working there. UAE
67) The Supreme Court has appointed a committee headed by the retired judge ______ to
probe IPL match-fixing. Mukul Mudgal
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68) Viktor Orvan, the Prime Minister of ____ visited New Delhi recently for a four-day state
visit. Hungary
69) ______won the 2013 Indian Grand Prix (Formula One race). Sebastian Vettel
70) Rashtriya Janata Dal chief ______ is sentenced to five year rigorous imprisonment in the
fodder scam case in Ranchi. Lalu Prasad Yadav
71) ______takes over as the new chairperson of the State Bank of India (SBI), becoming the
first woman to be appointed to the top job at the countrys largest lender.
Arundhati Bhattacharya
72) ______, well-known television journalist, wins the International Press Institute (IPI) India
Award for Excellence in Journalism. Karan Thapar
73) Chief and Scientific Advisor to the Defence Minister ______ announces that DRDO made
sonars will soon be exported to Myanmar in a ground-breaking initiative.
Avinash Chander
74) Sports Authority of India (SAI) announces to set up an athletic academy in ____
Palakkad
75) Former Supreme Court judge ______, who won a resounding victory in the recent pro-
vincial council elections is sworn in the first Chief Minister of Sri Lankas Norther Prov-
ince. C.V. Wigneswaran
For Banking Special:
76) ______ is a security on immovable property for a deposit received by a bank.
Mortgage
77) Distribution of insurance products and insurance policies by the banks as corporate agen-
cies is known as ______ Bank assurance
78) The rate of inflation increases when the purchasing power of money ______
decreases
79) Treasury Bills, commercial paper certificate of deposit, shares and bonds are called as
______ instruments. Money market
80) Insurance cover for bank deposits in the country is provided by ______
Deposit Insurance and Credit Guarantee Corporation of India Limited (DICGC)
81) For purchase of white goods ______ loan is granted by the banks.
Consumer durables
82) A cheque which has completed the stipulated validity period of the cheque is called as
______ cheque. Stale
83) When the ATM machine installed is out of order, computers are not functioning are called
as ______ risk. Operational
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84) When the loans are not repaid intime, it is called ______risk. Credit
85) When the banks products fail to survive in the market, it is called ______ risk. Market
86) When the banks are not able to pay the amount to the depositors, it is called as _____
risk. Liquidity
87) Each depositor in a bank is insured upto a maximum of Rs.______ for both principal and
interest amount. 1,00,000
88) A micro enterprize is an enterprize where investment in plant and machinery does not
exceed ______ 25 lakh
89) A small enterprize is an enterprize where the investrment in plant and machinery is more
than 25 lakh but does not exceed ______ 5 Crore
90) A medium enterprize is an enterprize where the investment in plant and machinery is
more than 5 crore but does not exceed ______ 10 crore
91) Speed clearing refers to collection of ______cheques (a cheque drawn on non-local bank
branch) through the local clearing. Out station
92) Cheque Truncation System (CTS) 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.
93) Crossing of a cheque can be cancelled by the drawer of the cheque, under his full signature.
94) The relationship between RBI and the Bank maintaining the Currency chest is that of
principal and agent.
95) Personal income tax is levied by Central Government and is administered by Central
Board of Direct taxes under Ministry of Finance in accordance with the provisions of the
Income Tax Act.
96) Amortization is the repayment of principal and interest components of a loan, over a
period of time.
97) Concept of Tobin Tax is associated with Foreign Exchange Transactions.
98) Delinquency is a condition when loan payments are not paid according to the terms of the
agreement / promissory note.
99) A cheque issued by a person or company but not yet cleased by the bank is called
outstanding cheque.
100) All Banks in India offer fixed deposits schemes with a wide range of tenures for periods
from 7 days to 10 years.
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1. In October 2013, which state has launched Kanyashree project?
1) Odisha 2) Uttar Pradesh 3) West Bengal
4) Tamil Nadu 5) None of these.
2. In which state 35th National Games will be held in Feb 2014?
1) Jharkhand 2) Kerala 3) Maharashtra
4) Assam 5) None of these.
3. As per the latest survey, which of the following is emerged as topmost global brand in
the world?
1) Nokia 2) Apple 3) Samsung
4) Coca Cola 5) None of these.
4. Who has won Sports Illustrated Sportsperson of the Year?
1) Sania Mirza 2) Virat kohli 3) P.V. Sindhu
4) Saina Nehwal 5) None of these.
5. The Mount Augustus is in which country?
1) Australia 2) South Africa 3) Kenya 4) Indonesia 5) None of these.
6. Which country has announced its withdrawal from Commonwealth of Nations?
1) Pakistan 2) South Africa 3) Bangladesh
4) Gambia 5) None of these.
7. In October 2013, which state government, has decided to put ban on advertising
of tobacco products in the state?
1) Kerala 2) Tamil Nadu 3) Karnataka
4) Maharashtra 5) None of these.
8. Who has been appointed as Brand Ambassador of National Tobacco Control
Campaign?
1) Sachin Tendulkar 2) Rahul Dravid 3) Saurav Ganguly
4) Kapil Dev 5) None of these.
9. Namethe Vietnam Independence hero who recently passes away?
1) Kung Nguyen 2) Vo Nguyen giap 3) Ho Chi
4) Carl Thayer 5) None of these.
10. In October 2013, which country has started import of power from India?
1) Pakistan 2) Bhutan 3) Bangladesh
4) Nepal 5) None of these.
11. Which of the following is the smallest country in Africa continent?
1) Seychelles 2) Somalia 3) Uganda 4) Chad 5) None of these.
12. Who has won Korean Grand Prix 2013?
1) Sebastian Vettel 2) Fernando Alonso
3) Kiwi Raikkonen 4) Romain Grosjean 5) None of these.
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13. Who has won the 2013 Nobel Prize in Medicine?
1) James Rothman 2) Randy Schekman
3) Thomas Suedhof 4) 1, 2 and 3 5) None of these.
14. Who launched a unique project to take Indias Heritage online?
1) Chandresh Kumari Katoch 2) K.K. Mittal 3) Dr. Raghuram Rajan
4) P. Chidambaram 5) None of these.
15. Who has become first elected Tamil Chief Minister of Sri Lanka?
1) C.V. Wigneswaran 2) Mahinda Rajapaksa 3) K. Murugan
4) Manoranjan Selvam 5) None of these.
16. Who has won International Press Institute Award for excellence in Journalism?
1) N. Ravi 2) Tilak Kumar 3) Vyasa Rao
4) Karan Thapar 5) None of these.
17. Which is the venue for the 9th World Trade Organisation Ministerial Conference?
1) Moscow 2) Bali 3) Sydney 4) Tokyo 5) None of these.
18. The first mega Food Park in Uttar Pradesh would be set up in Jagdishpur of Amethi
district. This mega food park would be developed by _____
1) Aditya Birla Group 2) Parle 3) Wipro
4) Reliance 5) None of these.
19. Who has won China Open Mens Single Tennis Title 2013?
1) Rafael Nadal 2) Novak Djokovic 3) Roger Federar
4) Andy Murray 5) None of these.
20. Who has won 2013 Nobel Prize for Literature?
1) Tomas Transtromer 2) Mo Yan 3) Jhunpa Lahiri
4) Alice Munro 5) None of these.
21. Who has won European Unions Sakharov Human Rights Prize?
1) Edward Snowden 2) Malala Yousafzai 3) Ali Zeidan
4) Vladimir Putin 5) None of these.
22. Who will be conferred the Indira Gandhi Award for National Integration for the
year 2012?
1) Ila Bhat 2) M S Swamithan 3) Anna Hazare
4) Swamy Agnivesh 5) None of these.
23. Which bank has won the Golden Peacock Award for excellence in corporate
governance 2013?
1) SBI 2) Syndicate Bank 3) Vijaya Bank
4) Canara Bank 5) None of these.
24. Who has been honoured with the Pride of the Nation award?
1) Saif Ali Khan 2) Akshay Kumar 3) Salman Khan
4) John Abraham 5) None of these.
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25. India and _____have agreed to initiative steps to include Media cooperation as
part of 2014 celebrations being observed to commemorate Friendly Exchanges
between the two countries.
1) China 2) Pakistan 3) Nepal 4) Bangladesh 5) Bhutan
26. Who is Mohammad Abdul Hamid?
1) President of Iraq 2) President of Iran
3) President of Pakistan 4) President of Bangladesh 5) None of these.
27. Who has been chosen for Policy Leadership Award-2013 in Agriculture?
1) Akhilesh Yadav 2) Narendra Modi 3) Oman Chandi
4) Prakash Singh Badal 5) None of these.
28. Who has been appointed as first Brand Ambasador for Border Security Force
(BSF)?
1) Virat Kohli 2) Sachin Tendulkar 3) Ranbeer Kapoor
4) Amir Khan 5) None of these.
29. Angela Merkel won the German election for the third time. She belongs to which
political party?
1) Christian Social Union 2) Christian Democratic Union
3) Free Democratic Party 4) Social Democratic party 5) None of these.
30. London Whale Scandal is related to which foreign bank?
1) Fulton Financial 2) JP Morgan Chase 3) Citigroup
4) US Bancorp 5) None of these.
31. Who were declared winners of this years prestigious Clinton Global Citizens
Awards?
1) Bunker Roy and Malala Yousufzai 2) Bunker Roy and Medha Patkar
3) Arvind Kejriwal and Malala Yousufzai 4) Anna Hazare and Malala Yousufzai
5) None of these.
32. Who has won 2013 Womens Table Tennis World Cup?
1) Wu Yang 2) Jiang Huajan 3) Feng Tianwei
4) Liu Shiwen 5) None of these.
33. Largest Solar Power Project in the World to be set up in ________
1) Rajasthan 2) Madhya Pradesh 3) Gujarat
4) Maharashtra 5) None of these.
34. What is the name of Australias most powerful super computer?
1) Shinto 2) Raijin 3) Param 4) Spirit 5) None of these.
35. As per the latest report, which of the following are the most advanced states in
India?
1) Goa and Karnataka 2) Haryana and Kerala 3) Kerala and Goa
4) Kerala and Andhra Pradesh 5) None of these.
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36. Which country will host NATO Summit-2014?
1) Japan 2) Australia 3) Britain 4) Egypt 5) None of these.
37. The worlds highest-altitude civilian airport has started operating, recently, in which
of the following countries?
1) China 2) India 3) UK 4) US 5) France
38. Tata group has recently planned to set up new fullservice airline in India with
which of the following airline companies?
1) American Airlines 2) Singapore Airlines 3) Qantas Airlines
4) British Airlines 5) None of these.
39. Sekho Aur Kamao, a new skill development scheme, was recently launched by
Union Government of India for the youth of______?
1) Minority Communities 2) Backward Classes 3) Scheduled Tribes
4) Scheduled Caste 5) None of these.
40. The Prime Minister of India, Manmohan Singh has recently approved the
constitution of the Seventh Central Pay Commission. Which of the following is/
are its feature/s?
A. It is based on the basic idea of living wages to employees.
B. The constitution of this Commission will include salaries, allowances and pensions
of around 80 lakh employees as well as pensioners.
C. It will provide benefit to around 50 lakh employees of the Central Government, who
also include defence and railways.
D. It will provide benefit to 30 lakh pensioners.
1) A and B 2) Only B 3) C and D 4) B, C, D 5) None of these.
41. Which of the following Indian companies recently tied up with Saudi Arabia company
to set up the first all-female business process outsourcing (BPO) centre in Riyad,
Saudi Arabia?
1) TCS 2) Wipro 3) Infosys 4) Tech Mahindra 5) None of these.
42. Reserve Bank of India has recently banned zero per cent interest rate schemes
for purchase of which of the following types of goods?
1) Consumer Goods 2) Industry Goods 3) Convenient Goods
4) Non-durable Goods 5) None of these.
43. India Post has recently launched Instant cash, an instant Electronic Money Transfer
service, in partnership with which of the following?
1) Wall Street Exchange 2) BSNL 3) Bombay Stock Exchange
4) National Stock Exchange 5) None of these.
44. Tata Communication has recently signed an agreement with Batelco to enable its
connectivity in West Asia. Batelco Communication Company is based in which of the
following countries?
1) Japan 2) Russia 3) Singapore 4) Bahrain 5) None of these.
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45. Wal-Mart Stores Inc and its Indian partner Bharti Enterprises recently ended up
their joint venture. Wal-Mart stores Inc is based in which of the following countries?
1) USA 2) UK 3) Japan 4) China 5) None of these.
46. Indira Gandhi International airport recently signed an MoU which of the following
airports to become Sister Airports?
1) Birmingham Airport 2) Glasgow Airport 3) Tokyo Airport
4) Durban Airport 5) None of these
47. China has recently signed a 350 Billion Yuan currency swap agreement with which
of the following nations, marking a major step in internationalising its currency?
1) USA 2) EU 3) Russia 4) India 5) None of these.
48. Which of the following companies recently became the first telecom operators in
the country to be a part of Unified Licensing regime?
1) Airtel 2) SSTL 3) Idea
4) Vodafone 5) None of these.
49. SEBI has recently approved to sale how much per cent stake of Jet airways to
Abu Dhabi based Etihad?
1) 24% 2) 49% 3) 54% 4) 76% 5) None of these.
50. Where is the headquarters of the Bank of International Settlements (BIS) located?
1) Hong Kong 2) Vienna 3) Mexico City 4) Basel 5) None
51. Government of India has recently constituted a four member committee to clear
the ambiguity between Foreign Direct Investment (FDI) and Foreign Institutional
Investment (FII) under the chairmanship of _____
1) Arvind Mayaram 2) Raghu Ram Rajan 3) D.V. Subbarao
4) Bimal Jalan 5) None of these.
52. India and which of the following countries have recently decided to observe 2014
as the year of friendly exchanges?
1) China 2) Bhutan 3) Russia 4) Nepal 5) None of these.
53. The Government of India has recently signed an agreement with which of the
following countries on Double Tax Avoidance Agreement (DTAA) and the
Prevention of Fiscal Evasion with respect to taxes on income?
1) Latvia 2) Australia 3) Indonesia 4) Sri Lanka 5) None of these.
54. According to the latest report recently relesed by United Nations Childrens Fund
(UNICEF), which of the following states in India is performing good in the Infant
Mortality Rate (IMR)?
1) Kerala 2) Odisha 3) Uttar Pradesh 4) Gujarat 5) None of these.
55. The Department of Posts recently allotted customized Pin Code to the Supreme
Court of India for the first time. The Customized Pin Code of the Supreme Court is
_____ ?
1) 110201 2) 111201 3) 110210
4) 101210 5) None of these.
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56. Supreme Court of India recently directed Election Commission of India to
provide NOTA button on Electronic Voting Machines (EVM) and Ballot Papers.
What does NOTA stand for?
1) No one to attest 2) None of the above 3) None other than assigned
4) No objection to avoid 5) None of these.
57. Which of the following states has recently launched a scheme to screen people
above the age of 30 years for lifestyle diseases?
1) West Bengal 2) Karnataka 3) Kerala 4) Tripura 5) None of these.
58. India and which of the following countries recently signed a joint declaration in
defence co-operation?
1) USA 2) Russia 3) Nepal 4) China 5) None of these.
59. Which of the following countries has recently begun importing electricity from
India on an expeerimental basis?
1) Maldives 2) Bangladesh 3) Nepal 4) Bhutan 5) None of these.
60. The Indian Railways has recently signed a pact with Rashtriya Ispat Nigam Limited
(RINL) to set up the countrys biggest Forged Wheel plant at which of the following
places?
1) Kolar (Karnataka) 2) Raebarelli (Uttar Pradesh)
3) Nasik (Maharashtra) 4) Guntur (Andhra Pradesh) 5) None of these.
61. Which of the following is the first Indian state to implement the Food Security
Scheme after National Food Security Act?
1) Rajasthan 2) Odisha 3) Madhya Pradesh
4) Uttar Pradesh 5) None of these.
62. India has recently agreed to resume military supplies to which of the following
countries?
1) Sri Lanka 2) Bhutan 3) Nepal 4) Bangladesh 5) None of these.
63. The capital of Mauritius is
1) Port Louis 2) Camp Carol 3) beritannia
4) Good lands 5) Union Park
64. Which of the following states recently got double food subsidy and foodgrain
allocation under National Food Security Act?
1) Bihar 2) Andhra Pradesh 3) Madhya Pradesh 4) Punjab 5) None of these.
65. Which of the following Geoscientific research vessels is recently dedicated to the
nation?
1) RV Samudra Ratnakar 2) Samudra Prahari 3) Sagara Deepa
4) Sea Pearl 5) None of these.
66. The armies of India and Nepal recently came together for a joint military exercise,
which focuses on counter-insurgency operations. The exercise was code-named
as _______?
1) Surya Kiran 2) Indra Shakti 3) Surya Hope 4) Surya Shakti 5) None of these.
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67. Which of the following countries is helping Bangladesh to construct its first nuclear
power plant?
1) China 2) Pakistan 3) Russia 4) USA 5) None of these.
68. Which of the following countries recently banned the Muslim Brotherhood from
carrying out any activities in the country?
1) Egypt 2) Iraq 3) Iran 4) UAE 5) None of these.
69. Which of the following countries recently held a joint anti-terrorism military
exercise called Peace Mission 2013?
1) Russia and India 2) India and China 3) Russia and China
4) India and Nepal 5) None of these.
70. External Affairs Ministers of G-4 nations recently passed resolution on need for
United Nations Security Council (UNSC) reforms. Which of the following are
included in G4?
1) Brazil, Germany, Japan and India 2) Brazil, China, France and India
3) Russia, Germany, China and India
4) France, Germany, South Africa and India 5) None of these
71. As per the latest report by World Bank, which of the following countries has
emerged as the largest recipient of foreign remittances among developing
economies in 2013?
1) China 2) India 3) Philippines 4) Nigeria 5) None of these.
72. Which of the following countries recently became the latest to ratify
Comprehensive Nuclear Test ban Treaty (CTBT)?
1) Italy 2) Iraq 3) Turkey 4) Uganda 5) None of these.
73. Which of the following countries has recently decided not to supply any weapon
systems to Pakistan?
1) USA 2) China 3) Israel 4) Japan 5) None of these.
74. China has recently decided to ban the export of several weapon related
technologies to which of the following countries?
1) Pakistan 2) South Korea 3) Russia
4) North Korea 5) None of these.
75. According to Global Age Watch Index (2013), which of the following countries
ranked first as the best place in the world for older people?
1) Norway 2) Sweden 3) Germany
4) Japan 5) None of these.
76. Which of the following countries has recently decided to withdraw from the
Commonwealth of Nations, after 48 years of joining?
1) Gambia 2) Pakistan 3) South Africa
4) Bangladesh 5) None of these.
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77. Who of the following has recently taken charge as the Chairman and Managing
Director of Corporation bank?
1) S.R. Bansal 2) Amar Lal Daultani 3) Anna Roy
4) Kawaljit Singh Oberoi 5) None of these.
78. The President of India Pranab Mukherjee has recently presented the National
Communal Harmony Award for the year 2012 to whom of the following?
1) Mohammed Abdul Bari
2) The Foundation for Amity and National Solidarity, Delhi
3) Khamliana 4) Both 1 and 2 5) None of these.
79. Who of the following has recently become the Chairman and Managing Director
(CMD) of Bharat Petroleum Corporation Limited (BPCL)?
1) S. Varadarajan 2) R.S. Butola 3) M. Natarajan
4) Rakesh Sook 5) None of these.
80. Which of the following movies has finally nominated as Indias official entry to
2014 Oscars in the Best Foreign Film category?
1) The Lunchbox 2) The Good Road 3) English Vinglish
4) Bhaag Milkha Bhaag 5) None of these.
81. Who of the following was recently appointed the Chairman of the Indian Premier
League (IPL)?
1) Ranjib Biswal 2) Rajeev Shukla 3) Dilip Vengsarkar
4) D. Dongoankar 5) None of these.
82. Who of the following has recently received Ambassador of Conscience Award
2013?
1) Malala yousafzai 2) Harry Belafonte 3) Both 1 and 2 4) None of above
83. Who of the following has been recently appointed the Chairperson of the National
Commission for Backward Classes (NCBC)?
1) Justice Vangala Eswariah 2) Justice M N Rao 3) Justice Gopala Gowda
4) Justice Narendra babu 5) None of these.
84. Megan Young was recently crowned as Miss World 2013. She belongs to which of
the following countries?
1) Philippines 2) France 3) Ghana 4) Indonesia 5) None of these.
85. Who of the following has recently won the 2013 Nobel Prize for Medicine?
1) James Rothman 2) Randy Schekman
3) Thomas Suedhof 4) All of the above.
86. Peter Higgs and Francois Englert were announced the joint winners for which of
the following catgories of Nobel prize for 2013?
1) Physics 2) Chemistry 3) Economics 4) Literature 5) None of these.
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87. Who of the following has recently won the Nobel Prize in Chemistry 2013?
1) Michael Levitt 2) Martin Karplus 3) Arieh Warshel 4) All of above
88. Alice Munro recently became the first canadian woman to win the Nobel Prize in
which of the following disciplines?
1) Physics 2) Literature 3) Peace 4) Economics 5) None of these.
89. Which of the following organisations has recently won the Nobel Peace Prize for
the year 2013?
1) Organisation for the Prohibition of Chemical Weapons 2) UNICEF
3) Amnesty International 4) Transparency International 5) None of these.
90. Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller has recently won 2013
Nobel Prize for Economics for their ground breaking work on which of the
following?
1) Assets Markets 2) Applied Dynamic Model
3) Financial Inclusion theory
4) Optimum allocation of resources 5) None of these.
91. Who of the following was recently selected for the Indira Gandhi Award for National
Integration for the year 2012?
1) M.S. Swaminathan 2) Anna Hazare 3) Swami Agnivesh
4) Ila Bhat 5) None of these.
92. Who of the following sports persons has been recently appointed the brand
ambassador of National Tobacco Control Campaign?
1) Sachin Tendulkar 2) Saurav Ganguly 3) Rahul Dravid
4) Kapil Dev 5) None of these.
93. Who of the following was recently appointed the new Chief Justice of the
Meghalaya High Court?
1) Justice Prafulla Chandra Pant 2) Justice T. Nandakumar Singh
3) Justice N.V. Ramana 4) Justice Adarsh Kumar Goel
5) None of these.
94. Who of the following was recently appointed the Chairman of Association of Mutual
Funds in India (AMFI)?
1) Sundeep Sikka 2) Sandesh kirkire 3) Milind Barve 4) None of above
95. Which of the following teams has recently clinched the Champions League Twenty-
20 title by defeating Rajasthan Royals by 33 runs in New Delhi on 6 October, 2013?
1) Mumbai Indians 2) Chennai Super Kings
3) Otago Volts 4) Faisalabad Wolves 5) None of these.
96. Which of the following international football clubs has recently launched a
residential football academy in Pune in partnership with city-based DSK Shivajians
FC?
1) Liverpool 2) Manchester United 3) AC Milan 4) None of these
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97. Which of the following countries recently won the 8th Womens Asia Cup 2013?
1) Japan 2) Korea 3) India 4) China 5) None of these.
98. Sachin Tendulkar has recently announced to retire from Test Cricket after playing
his landmark 200th Test match against which of the following teams?
1) Pakistan 2) Australia 3) West Indies 4) England 5) None of these.
99. Who of the following recently won gold medal in womens 3000m steeplechase in
the 53rd National Open Athletics Championship?
1) Sudha Singh 2) Lalita Babar 3) Kiran Tiwari
4) Sunita Jha 5) None of these.
100. Stephen Lee recently banned from the game of snooker for 12 years for match-
fixing charges. He belongs to which of the following countries?
1) England 2) Australia 3) Canada 4) USA 5) None of these.
101. Sania Mirza recently won the China open tennis championship trophy (womens
Doubles) with whom of the following?
1) Cara Black 2) Vera Dushevina 3) Arantxa Parra Santonja
4) Mattek Sands 5) None of these
102. Who of the following has been recently named as the PGA Tours Player of the
year?
1) Rory Mcllory 2) Arnold Palmer 3) Tiger woods
4) Jordan Spieth 5) None of these
103. Which of the following countries for the first time has qualified for ICC Cricket World
Cup 2015?
1) Afghanistan 2) Kenya 3) Pakistan
4) New Zealand 5) None of these.
104. Who of the followings has recently won Sports Illustrated Sportsperson of the
year award?
1) Saina Nehwal 2) PV Sindhu 3) Virat Kohli
4) Sania Mirza 5) None of these.
105. Which software company in September 2013 entered into a multi-year outsourcing
contract with Toyota Motor Corps European Business?
1) Infosys Ltd 2) Tata Supercom 3) Tata Consultancy Services
4) India Net 5) HCL Tech
106. Which Malaysian airline received the crucial no objection certificate from the civil
aviation ministry?
1) Air Asia 2) Air Malya 3) Malya civil 4) Air civil 5) Air Mimba
107. Which insurance company in August 2013 entered into the agriculture insurance
business?
1) R-Cap 2) ICICI pru 3) Birla Sunlife 4) LIC 5) None of these
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108. The Reserve Bank of India in October 2013 cancelled the licence of Shri
Siddhivinayak Bank Ltd in ______
1) Rajasthan 2) Maharashtra 3) Gujarat 4) Assam 5) Punjab
109. State owned steel maker Steel Authority of India Ltd in September 2013 decided
to invest around Rs.800 crore in_____
1) Rajasthan 2) Bihar 3) Punjab 4) Orissa 5) Gujarat
110. The Reserve Bank of India in September 2013 relaxed rules for banks to provide trade
credit for import of _______to India by making the facility available to companies
across all sectors.
1) Capital goods 2) Luxury goods 3) Food Items 4) Clothes 4) Onion
111. The Reserve Bank of India in September 2013 set up a committee to promote
financial inclusion or the process of spreading banking services to unbanked
segments of the country. The committee is headed by_________
1) Nachiket Mor 2) Sunder Sahal 3) Rani Bai
4) Mahesh Thakur 5) Geeta Moli
112. Who among the following in September 2013 is appointed as the marketing
strategist by SKS Microfinance Ltd for its re-branding and repositioning work?
1) Jack Trout 2) Mary Com 3) Adward Jenner
4) Sushant Sen 5) Michael Ferrare
113. The finance ministry in September 2013 agreed to allow a special banking
arrangement for the immediate disbursement of funds to pay loan on pending
subsidies to _______
1) Fertilizer sector 2) Industries 3) Cement sector
4) Sugar cane industries 5) Oil companies
114. In September 2013, Tata Sons Ltd teamed up for a third time with whch nations
Airlines ltd to jointly enter the Indian aviation market?
1) Singapore 2) Malaysia 3) Thailand 4) China 5) Japan
115. Indias state run explorer Oil and Natural Gas Corp Ltd in October 2013 signed a
preliminary collaboratory pact for the production of the biofuel ethanol with
Chempolis Ltd of ____
1) Finland 2) Italy 3) Sweden 4) Denmark 5) Australia
116. Which state in September 2013 withdrawn a Bill aimed at protecting interest of
depositors from chit funds?
1) Gujarat 2) Punjab 3) Haryana 4) West Bengal 5) Bihar
117. State owned ONGC Videsh Ltd in October 2013 won two onshore blocks of the
____ for exploration.
1) Myanmar 2) China 3) Taiwan 4) Austria 5) Zimbabwe
118. Which country in October 2013 moved a step closer to plugging the loopholes in
the Indian double tax-avoidance agreement?
1) Thailand 2) Mauritius 3) Canada 4) Australia 5) China
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119. Who among the following in October 2013 has taken as the chairman of Corporation
Bank?
1) S.R. Bansal 2) P.L. Desai 3) K.N. Khushlal
4) A.K. Tyagi 5) P.K. Dwedi.
120. Japanese two-wheeler maker Yamaha in October 2013 decided to delay its 1500
crore new plant in_____ due to economic slowdown.
1) Chennai 2) Chandigarh 3) Ahmedabad 4) Mumbai 5) Nagpur
121. DLF Ltd in October 2013 concluded an agreement with Violet Green Power Ltd to
sell a 23 megawatts capacity wind turbing business in ________
1) Punjab 2) Rajasthan 3) Bihar 4) Gujarat 5) Assam
122. The cabinet committee headed by Prime Minister Manmohan Singh, in October
2013, finalised a new name for the existing Targeted Public Distribution Scheme.
What is the new name of this scheme?
1) Anna Bhagya Yojana 2) Indiramma Anna Yojana
3) Indira Anna Yojana 4) Bharat Anna Yojana 5) None of these
123. As per the Ease of Doing Business, released by the World Bank in October 2013.
A. India has been ranked a lowly 134 in the ease of doing business index.
B. India implemented the most number of business regulatory reforms in 2012-2013 in
the South Asian region.
1) Only A 2) Only B 3) Both A and B
4) Neither A nor B 5) None of these
124. None of the Above (NOTA) option made headlines on 29 October 2013. With which
of the following bodies is it associated?
1) Reserve Bank of India 2) Election Commission of India
3) Finance Commission 4) Securities and Exchange Board of India
5) None of these
125. With which among the following neighboring countries, did India sign a Border
Defence Cooperation Agreement in Ocotber 2013 which binds the two countries
not to use military capability to attack each other?
1) Pakistan 2) China 3) Bangladesh
4) Nepal 5) None of these
126. The Supreme Court of India ruled that Courts cannot impose a fine of more than
twice the amount in bounced cheques on 16 October 2013. Which of the following
acts pertain to this case?
1) Negotiable Instruments Act, 1881 2) Banking Companies Act, 1949
3) Securities and Exchange Board of India Act, 1992
4) Indian Contract Act, 1872 5) None of these
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127. At which of the following places was Indias largest Air Traffic Control Tower,
standing at 84 meters or nearly as high as a 30 storey building, inaugurated in
October 2013?
1) Bangalore International Airport 2) Rajiv Gandhi International Airport
3) Indira Gandhi International Airport 4) Mumbai International Airport
5) None of these
128. A joint exercise INDRA 2013 recently started in Mahajan Field Firing Range in
Thar Desert of Rajasthan. INDRA exercises are held between India and
1) Australia 2) Russia 3) United States
4) Britain 5) None of these
129. The Union Cabinet of India approved on 8 Oct1ober 2013 the National Identification
Authority of India Bill that will give statutory status to the Unique identification
Authority of India (UIDAI). With reference to UIDAI, which of the following
statements is/are correct?
A. It would be used primarily as the basis for efficient delivery of welfare services.
B. It would act as a tool for effective monitoring of various programs and schemes of the
Government.
Select the correct answer using the codes given below:
1) Only A 2) Only B 3) Both A and B
4) Neither A nor B 5) None of these
130. As per an announcement made in October 2013, which state government is all set
to launch She Taxi project, aimed at ensuring safe travel for women?
1) Kerala 2) Delhi 3) Uttar Pradesh
4) Maharashtra 5) None of these
131. Which High Court on 24 October 2013 issued certain norms to designate advocates
as senior advocates as per which it will be mandatory for an advocate to have a
professional experience of minimum 15 years at the court?
1) Delhi High Court 2) Lucknow High Court 3) Madras High Court
4) Bombay High Court 5) None of these
132. As per the latest data, which among the following states/union territories of India makes
maximum revenue by legal gambling and accounts for 95 per cent of all legal gambling in
the country?
1) Sikkim 2) Manipur 3) Goa 4) Nagaland 5) None of these
133. Which of the following states, in October 2013, announced door delivery scheme
for all ration card holders of state to provide them food grain?
1) Himachal Pradesh 2) Delhi 3) Chattisgarh 4) West Bengal 5) None of these
134. The Fort of Raja Rao Ram Bux which was in the news in October 2013 for its
hidden gold treasure is located in which state in India?
1) Maharashtra 2) Tamil Nadu 3) Uttar Pradesh
4) Rajasthan 5) None of these
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135. The term Golden Triangle, which was in news in October 2013, reers to one of
Asias two main opium producing areas consists of three countries of Southeast
Asia. Which of the following countries constitute the Golden Triangle?
1) India, Bangladesh and Bhutan 2) Myanmar, Laos and Thailand
3) India, Laos and Myanmar 4) Japan, China and Thailand
5) None of these
136. In October 2013, which of the following countries were elected to United Nations to serve
as non-permanent members on the Security Council for two-year terms beginning on 1
January 2014?
1) Chad & Chile 2) Lithuania & Nigeria 3) Saudi Arabia
4) All of the above 5) None of these
137. Which country, in October 2013, rejected its freshly acquired seat on the United
Nations Security Council, saying the 15 member body is incapable of resolving
world conflicts such as the Syrian civil war?
1) Saudi Arabia 2) Jordan 3) Egypt 4) Iran 5) None of these
138. The newly set up Bharatiya Mahila Bank has been in the news in recent months.
This bank will commence operations with an initial seed capital of
1) Rs. 100 crore 2) Rs. 500 crore 3) Rs. 1,000 crore
4) Rs. 1,500 crore 5) None of these
139. In the recently released Fortune magazines global list of top-50 women business
leaders, there were four Indian women. In this context, which among the following
is not correctly matched?
1) Chanda Kochhar ICICI Bank
2) Chitra Ramakrishna Bombay Stock Exchange
3) Shikha Sharma Axis Bank 4) Naina Lal Kidwai HSBC 5) None of these
140. India and which country on 9 October 2013 signed MoU to do a joint feasibility
study of High Speed Railway system on the MumbaiAhmedabad route?
1) Australia 2) Germany 3) Japan
4) Russia 5) None of these
141. Which of the following bodies, in October 2013, announced new Foreign Portfolio
Investor regulations for easier registration process and operating framework for
investors form abroad?
1) Reserve Bank of India 2) Securities and Exchange Board of India
3) Union Ministry of Finance 4) Planning Commission 5) None of these
142. Which among the following companies could be the first foreign company to entirely
own an Indian Telecom Service after the recent changes in Foreign Direct Investment
(FDI) norms?
1) SingTel 2) NTT Singapore 3) AlkaTel
4) StarHub 5) None of these
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143. Which of the following banks, in October 2013, became the first bank to allow
customers to open an account with just their Aadhaar number (no paperwork
needed)?
1) ICICI Bank 2) State Bank of India 3) Axis Bank
4) HSBC 5) None of these
144. With reference to the financial markets, which among the following is used to
denote the steady cash flow for investors during their retirement years?
1) Annuity 2) Gratuity 3) Perpetuity
4) Amortization 5) None of these
145. Which of the following banks in the news in October 2013 for the so called monetary
stimulus tapering that adversely impacts flow of funds to emerging economies?
1) Reserve Bank of India 2) Bank of England 3) US Federal Reserve
4) World Bank 5) None of these
146. With which airport did the Indira Ghandi International Airport enter into MoU called
Sister Airport Agreement in October 2013?
1) Birmingham Airport 2) Glasgow Airport 3) Tokyo Airport
4) Durban Airport 5) None of these
147. Terry Walsh was, in October 2013, appointed as head coach of the Indian mens
hockey team. Which country is he from?
1) England 2) Spain 3) Australia
4) Germany 5) None of these
148. Which Indian Batsman, in October 2013, hit the fastest century by an Indian in
one-day internationals surpassing Virender Sehwags four-year old record in the
second one-day against the Australia in Jaipur?
1) Shikhar Dhawan 2) Virat Kohli 3) Mahendra Singh Dhoni
4) Rohit Sharma 5) None of these
149. Which Bollywood actress was, in October 2013, bestowed with the prestigious
Mother Teresa memorial International Award for Social Justice?
1) Sushmita Sen 2) Hema malini 3) Jaya Bhachchan
4) Waheeda Rehman 5) None of these
150. At The Close of Play was in the news in October 2013 for making references to
Sachin Tendulkars controversial stand in the Monkeygate episode. Who is the author
of this book?
1) Ricky Ponting 2) Steve Waugh 3) Adam Gilchrist
4) Shane Warne 5) None of these
151. When a person wants to save money for a longer period of time with a view to
earning a higher rate of interest, he/she should open which of the following types
of accounts?
1) Savings account 2) Current account 3) Term Deposit account
4) Recurring account 5) None of these
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152. Consider the following with respect to Initial Public Offering (IPO):
A. Investment bank / Underwriter B. SEBI C. SEC
Which of the above parties will be iinvolved in an IPO which takes place in India along with the
issuing firm?
1) Only A 2) Only B 3) Only C 4) Only A and B 5) Only B and C.
153. What is the expanded form of the term OLTAS?
1) On-Line Tax Auditing System 2) On-Line Trade Auditing System
3) On-Line Trade Accounting System 4) On-Line Tax Accounting System
5) None of these.
154. Which of the following types of accounts do not earn any interest as per the
norms of the Reserve bank of India?
1) Current Account 2) Savings Account
3) Recurring Account 4) Deposit Account 5) None of these.
155. Examine the following and choose the one which is NOT a medium for granting credit
by a bank.
1) Overdraft 2) Kisan Credit Card 3) Demat Account
4) Education loan 5) None of these
156. Usually the equated monthly instalments (EMIs), used to repay a loan or an
advance, comprises of which of the following?
1) Principal 2) Interest 3) Tax 4) All the above 5) Only 1 and 2
157. Who among the following is / are authorised to issue commercial papers in India
as per the prevailing rules?
1) Corporate 2) Commercial Banks 3) Foreign Companies
4) Only 1 & 2 5) Only 1 & 3
158. The banks are in process to bring in biometric ATMs. These are specially aimed to
address the needs of which of the following categories of customers?
1) Urban customers 2) Rural customers 3) Students
4) Women 5) None of these.
159. Consider the following rates/ ratios with respect to the monetary and credit policy
of the RBI and identify the one which is not used under these policies.
1) CRR 2) Repo Rate 3) Reverse Repo Rate
4) Bank Rate 5) None of these.
160. A common bank customer is usually not expected to be involved in which of the
following activities?
1) using Mobile Banking 2) Using Internet Banking
3) Withdrawing cash from ATM 4) Clearing cheques 5) None of these.
161. Which of the following incomes is exempt from income-tax as per the prevailing
rules in India?
1) The salary of govt employees 2) The income derived from medical practices
3) Agricultural income 4) The income derived from export of goods
5) None of these.
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162. Every bank is required to maintain, at the close of business every day, a minimum
proportion of their Net Demand and Time Liabilities called the Statutory Liquidity
Ratio (SLR). The SLR should be maintained in the form of
1) Cash 2) Gold 3) Govt approved securities (Bonds)
4) Any of the above 5) None of the above
163. Battling a record current account deficit (CAD) due to mounting oil import bill,
the petroleum ministry has come up with a mega fuel conservation drive. Consider
the following statements in this regard:
A. Staggered office timings for govt offices to decongest traffic and encourage the use of public
transport
B. Introduce Free Cycle Scheme in select cities for saving fuel
C. Keeping fuel stations closed at night.
Which of the above measures is/are part of the above drive?
1) Only A 2) Only B 3) Only C 4) Only A and B 5) All A, B and C
164. The RBI has banned zero per cent interest rate schemes were commonly being
offered on which of the following types of transactions?
1) Purchase of consumer goods through debit cards
2) Purchase of consumer goods through credit cards
3) Car loans 4) Education loan 5) None of these.
165. What does dear money refer to?
1) A situation in which money or loans become very difficult to obtain in a country
2) A situation in which money or loans become very easy to obtain in a given country
3) A situation in which there is no demand for money or loans in a given country
4) A situation in which there is high demand for money or loans in a given country
5) None of these.
166. Consider the following with respect to the General Anti Avoidance Rules (GAAR):
A. It will apply to entities availing tax benefit of atleast Rs. 3 cr.
B. It will apply to foreign institutional investors (FIIs) that have claimed benefits under
any Double Tax Avoidance Agreement (DTAA)
C. Investments made by a non-resident by way of offshore derivative instruments or
P-Notes through FIIs, will not be covered by the GAAR provisions.
Which of the above statements is/are correct?
1) All the above 2) Only A 3) Only B 4) Only C 5) None of these.
167. Which of the following foreign banks operating in India decided to discontinue its
retail broking and depository business recently?
1) HSBC 2) Standard Chartered 3) BNP Paribas
4) Bank of America 5) None of these.
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168. The Union power ministry, in a bid to attract investment in the power sector, has
come up with a PPA model to develop power projects. What does PPA stand for?
1) Power Production Agreement 2) Power Purchase Arrangement
3) Power Purchase Agreement 4) Power Production Arrangement 5) None of these.
169. The Planning Commission has estimated that the current account deficit (CAD)
for 2013-14 will be around 2.5 per cent of GDP. What does CAD refer to?
1) The net import of goods, services and transfers is more than the countrys total
export of goods, services and transfers
2) The net import of goods, services and transfers is less than the countrys total
export of goods, services and transfers
3) The net foreign currency inflows is more than net foreign currency outflows
4) The funds in the form of investments and loans flowing in are less than that flowing out of
an economy
5) None of these.
170. Who among the following is the largest shareholder of a public sector bank?
1) Reserve Bank of India (RBI) 2) Indian Banks Association (IBA)
3) Govt. of India 4) LIC of India 5) None of these.
171. Italy became the first country in the world to implement a new tax called Tobin
Tax recently. Tobin tax is levied on which of the following?
1) Interest earned on investments 2) All cash remittances
3) High Net-worth Individuals (HNIs) 4) Spot currency conversions
5) None of these.
172. Which of the following norms / facilities of the banks is aimed at ensuring that the
money from illegal sources do not come to banks?
1) Financial inclusion 2) Know Your Customer 3) Core Banking
4) NEFT 5) None of these.
173. A bank accepts a deposit from a corporate house. The feature of the deposit are:
A. accepted at a discounted value B. stamp duty is borne by the bank
C. issued as issuance of promissory note D. TDS is not applicable
Identify the deposit:
1) Commercial paper 2) Certificate of deposit 3) Flexi deposit
4) Caution deposit 5) None of these.
174. If the government chooses to spend money freshly printed by the RBI against
government securities, it should be kept in which among the following?
1) Fiscal Adjustment 2) Deficit Financing 3) Mandatory spending
4) Retrenchment 5) None of these.
175. The Statutory Liquidity Ratio (SLR), the amount of lilquid asets such as cash,
precious metals and other short-term securities are kept with:
1) RBI 2) Individual banks 3) Finance Ministry
4) A bank designated by RBI 5) None of these
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176. The Reserve Bank of India (RBI) has directed banks to follow the Clean Note Policy
strictly and issue clean currency notes to public. What does Clean Note Policy
means?
1) To do away the process of stapling the currency notes and to secure the note packets with
paper bands
2) To sort notes into re-issuable and non-issuable notes and to withdraw soiled notes
from circulation in the market
3) To stop writing of any kind on watermark window of bank notes
4) All of above 5) None of these.
177. Exporters in India get insurance cover and risk cover from which of the following
organizations?
1) SIDBI 2) NABARD 3) ECGC 4) None of these.
178. Bank branches which can undertake foreign exchange business directly are known
as ______ foreign exchange.
1) Authorized dealers 2) Foreign dealers 3) Overseas branches
4) Approved dealers 5) Exchange branches.
179. A customer drawing a cheque on a bank has a right to _______
1) Take back the cheque from the bank after it is paid
2) Take back the cheque from the bank after it is paid with the permission of RBI
3) Stop payment of the cheque before it is paid
4) Stop payment of the cheque after it is paid
5) Stop payment of the cheque before it is issued
180. When RBI lowers credit creation capacity of the system i.e., increase in CRR /
SLR, it is said to be following a:
1) Tight money policy 2) Easy money policy 3) Open money policy
4) Closed money policy 5) None of these.
181. If a farmer avails a loan against pledge of gold ornaments for his agricultural
needs, the loan in this case would be which of the following?
1) Classified as gold loan 2) Consumption loan 3) Granted as agricultural loan
4) Treated as personal loan 5) None of these.
182. What does the term Kite Flying mean?
1) Doing unauthorized business
2) Allowing indiscriminate withdrawals to borrowers
3) Permitting withdrawals against uncleared effects, i.e. cheque sent in clearing or to
be sent for clearing
4) Opening of letters of credit and discounting such LCs for accommodation
5) Sanctioning large advance limits without proper assessment
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183. Which are the two critical variables that generally go into monetary planning by
RBI?
1) Demand and interest rates 2) Growth and Inflation 3) Price and supply
4) Growth and interest rates 5) Movement in money market
184. What do you mena by the term Underwriting?
1) The process by which a company either in the private sector or public sector raises
money
2) The process by which investment bankers raise capital from investors, with liability
to subscribe to the issue in case of need
3) The act of subscribing in a public issue by qualified institutional investors or high
net worth individuals
4) The process by which finance is arranged through private placement of shares
5) None of these.
185. For Open Market Operations, one of the measures taken by RBI in order to control
credit expansion in the economy involves which of the folowing operations?
1) Sale or purchase of short term and long term government securities
2) Issuance of different kind of bonds
3) Auction of Gold
4) To prevail upon the banks through persuasion to control credit 5) None of these.
186. What is reinsurance?
1) It is a form of insurance policy issued by banks only
2) It is a form of insurance policy issued by government owned insurance companies
3) It is a form of loan against insurance policy
4) It is a insurance policy issued by IRDA
5) It is a form of insurance taken by one insurance company from another insurance
company.
187. Many times we read about Balance of Payment in economic literature. Which of
the following statements define the term correctly?
A. It is a record of all transactions made between one particular country and all other
countries.
B. It is a record of all transactions made between the countries wherein the payment
was made in a currency other than US Dollar
C. It is a record of all exports / imports from/ by a country and difference in amount of
both in terms of payment in US Dollar.
1) Only A 2) Only C 3) Only B 4) Both A and B 5) Only B and C
188. Which of the following is not a financial intermediary in the financial markets?
1) Pension funds 2) Credit unions 3) Life insurance companies
4) Small scale service institute 5) None of these.
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189. Bad debts mean:
1) Amounts owed to a company that are going to be paid
2) Amounts owed to a company that are not going to be paid
3) Amounts owed to a company that are going to be paid within 2 years
4) Amounts owed to a company that are not going to be paid within 8 years
5) None of these.
190. In which part of India, many banks are established, which is called the Cradle of
Indian Banking System?
1) Northern Assam 2) Southern Tamilnadu 3) Eastern Rajasthan
4) Southern Karnataka 5) Western Maharashtra
191. Which of the following is not an imperfect note?
1) Washed note 2) Bleached note 3) Mutilated note
4) Oiled note 5) None of these.
192. The relationship between RBI and the Bank mantaining the currency chest is that
of ?
1) Debtor and Creditor 2) Principal and Agent 3) Bailor and Bailee
4) Creditor and Debtor 5) None of these.
193. Which of the following banks was in the news in October 2013 for the so called
monetary stimulus tapering that adversely impacts flow of funds to emerging
economics?
1) Reserve Bank of India 2) Bank of England 3) US Federal Reserve
4) World Bank 5) None of these.
194. The government of India, in October 2013, announced a funding for lending
scheme. Who are the beneficiaries for this scheme?
1) Micro-finance Institutions 2) Commercial Banks
3) Finance departments of the State Governments
4) Regional Rural Banks 5) None of these
195. In which city was first Automated Teller Machine (ATM) started?
1) Kolkata 2) Mumbai 3) New Delhi 4) Channai 5) None of these.
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196. Which of the following measures is/are being taken to ensure Financial Inclusion
in India?
1) Initiation of no-frills account
2) Providing banking service at doorstep through business correspondents
3) Electronic Benefits Transfer (EBT) 4) All the above 5) None of these.
197. What do you mean by White ATMs?
1) ATMs owned by banks 2) ATMs owned by non-bank agencies
3) ATMs owned by foreign banks
4) ATMs installed inside a business establishment
5) None of these.
198. When the RBI intends to inject liquidity in the economy of the country, this is
done through which of the following mechanisms?
1) By adjusting Repo 2) By increasing SLR
3) Liquidity Adjustment Facility 4) By changing Bank Rate 5) None of these.
199. Which of the following statements is/are correct with respect to take-out financing
undertaken by banks?
A. The RBIs permission is mandatory for such financing
B. This is generally a type of long-term financing (usually) on a piece of real property
C. These loans require that interest and principal be paid in a single balloon payment at
maturity
1) Only A 2) Only B 3) Only C 4) Only A and B 5) Only B and C
200. Who among the following appoints the Chairman and the Managing Director of
Nationalised banks?
1) The governor of the RBI 2) The Central Govt.
3) Board of Directors of the Bank 4) Indian Banks Association
5) None of these.

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01. (3) 02. (2) 03. (2) 04. (4) 05. (1)
06. (4) 07. (1) 08. (2) 09. (2) 10. (3)
11. (1) 12. (1) 13. (4) 14. (1) 15. (1)
16. (4) 17. (2) 18. (1) 19. (2) 20. (4)
21. (2) 22. (2) 23. (4) 24. (4) 25. (1)
26. (4) 27. (4) 28. (1) 29. (2) 30. (2)
31. (1) 32. (4) 33. (1) 34. (2) 35. (3)
36. (3) 37. (1) 38. (2) 39. (1) 40. (4)
41. (1) 42. (1) 43. (1) 44. (4) 45. (1)
46. (1) 47. (2) 48. (2) 49. (1) 50. (4)
51. (1) 52. (1) 53. (1) 54. (1) 55. (1)
56. (2) 57. (3) 58. (1) 59. (2) 60. (2)
61. (1) 62. (3) 63. (1) 64. (1) 65. (1)
66. (1) 67. (3) 68. (1) 69. (3) 70. (1)
71. (2) 72. (2) 73. (3) 74. (4) 75. (2)
76. (1) 77. (1) 78. (2) 79. (1) 80. (2)
81. (1) 82. (3) 83. (1) 84. (1) 85. (4)
86. (1) 87. (4) 88. (2) 89. (1) 90. (1)
91. (1) 92. (3) 93. (1) 94. (1) 95. (1)
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101. (1) 102. (3) 103. (1) 104. (1) 105. (1)
106. (1) 107. (1) 108. (2) 109. (1) 110. (1)
111. (1) 112. (1) 113. (1) 114. (1) 115. (1)
116. (4) 117. (1) 118. (2) 119. (1) 120. (1)
121. (2) 122. (2) 123. (3) 124. (2) 125. (2)
126. (1) 127. (4) 128. (2) 129. (3) 130. (1)
131. (3) 132. (3) 133. (1) 134. (3) 135. (2)
136. (4) 137. (1) 138. (3) 139. (2) 140. (3)
141. (2) 142. (1) 143. (3) 144. (1) 145. (3)
146. (1) 147. (3) 148. (2) 149. (1) 150. (1)
151. (3) 152. (4) 153. (4) 154. (1) 155. (3)
156. (5) 157. (1) 158. (2) 159. (5) 160. (4)
161. (3) 162. (4) 163. (4) 164. (2) 165. (1)
166. (1) 167. (1) 168. (3) 169. (1) 170. (3)
171. (4) 172. (2) 173. (2) 174. (2) 175. (2)
176. (4) 177. (3) 178. (1) 179. (3) 180. (1)
181. (1) 182. (3) 183. (2) 184. (2) 185. (1)
186. (5) 187. (1) 188. (4) 189. (2) 190. (4)
191. (3) 192. (2) 193. (3) 194. (2) 195. (2)
196. (4) 197. (2) 198. (1) 199. (5) 200. (2)
KEY
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