1) Which Indian company acquired Switzerland-based worlds largest gold refinery Valcambi?

a) Rajesh Exports
b) Titan
c) Deccan Gold Mines
d) Tribhovandas Bhimji Zaveri
Answer (a)
2) According to the recent policy changes approved by the Union Cabinet, which among the following will
not be counted as foreign investment?
a) Foreign Portfolio Investment (FPI)
b) NRI Deposits
c) Foreign currency convertible bonds
d) Venture Capital
Answer (C)
3) Which of the following is Indias largest E-commerce company?
a) FlipKart
b) Jabong
c) mJunction
d) Bharti Airtel
Answer (C)
4) The government of India has signed a USD 300 million loan pact to support the National Urban Health
Mission (NUHM) with which of the following?
a) World Bank
b) Asian Development Bank
c) New Development Bank
d) None of the above
Answer (B)
5) Which of the following US generic firm acquired by Indian pharmaceutical firm, Lupin recently?
a) Nanomi
b) Gavis
c) Medquimica
d) ZAO Bio Biocom
Answer (B)
6) Recently, which of the following auto makers launched its first compact SUV named Creta in India?
a) Toyota
b) Maruti Suzuki
c) Tata Motors
d) Hyundai
Answer (D)
7) Which among the following is a correct statement about Softex?

a)
b)
c)
d)

It is an annual expo held in New Delhi for promotion of software export industry in India
It is form which software companies need to fill and submit to RBI when they export software
It is a cloud service developed and deployed by NIC
None of the above is a correct answer

Answer (B)
8) The Socio Economic and Caste Census (SECC) 2011 is meant to register which of the following:
1. Caste
2. Urban Poverty
3. Rural Poverty
4. Consumption pattern
Select the correct option from the codes given below:
a) Only 1 & 2
b) Only 1 & 3
c) Only 1, 2 & 3
d) 1, 2, 3 & 4
Answer (C)
9) White-Fi technology, which uses of a Wi-Fi technology within the TV unused spectrum is being
developed by ___?
a) Google
b) Microsoft
c) Facebook
d) IBM
Answer (B)
10) From which country, Apple has recently introduced Apple Pay, a mobile payments system?
[A]United States
[B]Britain
[C]France
[D]Australia
Answer (B)
11) Which among the following increases by Credit creation?
a) real national income
b) supply of money
c) real wealth of people
d) None of these
Answer (b)
12) E-commerce firm _______ acquired Hyderabad-based mobile technology startupMartMobi to strengthen
its mobility platform ?
a) Flipkart
b) Amazon
c) Alibaba
d) Snapdeal

Answer (d)
13) Headquarters of UNO are situated at
a) New York, USA
b) Haque (Netherlands)
c) Geneva
d) Paris
Answer: Option A
14) Economic goods are
a) all commodities that are limited in quantity as compared to their demand
b) Commodities that is available according to their demand
c) Commodities that is available more as compared to demand
d) None of the above
Answer: Option A
15) For purifying drinking water alum is used
a) for coagulation of mud particles
b) to kill bacteria
c) to remove salts
d) to remove gases
Answer: Option A
16) Free market is
a) a condition in the international market where nations do not impose customs duty or other taxes on
import of goods
b) market where the price of a commodity is determined by free play of the forces of supply and
demand
c) ports that are exempted from payment of customs duty on articles of commerce, primarily to
encourage tourism
d) None of the above
Answer: Option B
17) India has largest deposits of ____ in the world.
a) gold
b) copper
c) mica
d) None of the above
Answer: Option C
18) IRCTC tied up with Airlines ____________ to sell Discounted (3040 %) Air Line Tickets to Train
Travellers whose Tickets do not get confirmed.
a) SpiceJet and Air India
b) SpiceJet and GoAir
c) SpiceJet and Indigo
d) SpiceJet and Air Asia
Answer (b)

19) Apex body of small traders, Confederation of All India Traders (CAIT) will launch its ecommerce portal
Named __________' to compete with Online Retailers. It will provide an interface between sellers and
consumers without any third agency?
a) eLala
b) eVikreta
c) eVikray
d) eDelivery
Answer (a)
20) _______has launched free roaming across nation to allow its customers to receive incoming calls for free
?
a) MTNL
b) Airtel
c) BSNL
d) Vodafone
Answer (c)
21) Baseline profitability index (BPI) 2015 has ranked ____ as most attractive investment destination in
world among 110 countries?
a) UK
b) India
c) USA
d) China
Answer (b)
22) ___ has announced to set up 40,000 Wireless Fidelity (WiFi) hot spots across country by 2018 with
investment of Rs. 6000 Rupees. ?
a) Idea
b) Airtel
c) Vodafone
d) BSNL
Answer (d)
23) ______Government Presented Budget 201516 with total size 41129 crore rupees and termed as Swaraj
Budget?
a) Delhi
b) Uttar Pradesh
c) Madhya Pradesh
d) Tamilnadu
Answer (a)
24) As per Department of Industrial Policy and Promotion (DIPP) data about FDI Inflows Into India in FY
201415, Overall foreign inflows rose by 27% to ________ in 201415 as compared to $24.29 billion in
201314?
a) $34.9 Billion
b) $30.9 Billion
c) $37.9 Billion

d) $40.9 Billion
Answer (b)
25) Ecommerce Portal ____ sacquired mobility solutions company LetsgomoLabs ?
a) Snapdeal
b) Flipkart
c) Amazon
d) Alibaba
Answer (a)
26) Employee Provident Fund Organisation (EPFO) made UAN (_______) mandatory for employers under
its purview and Miscellaneous Provisions Act, 1952. ?
a) Universal Account Number
b) Universal Access Number
c) Unified Account Number
d) Unified Access Number
Answer (a)
27) Financial Benchmarks India Private Limited (FBIL) will adopt FBIL overnight MIBOR (_________)
from 22 July 2015 as a new method to set overnight interest rate benchmark based on traded levels
instead of contributions from market participants?
a) Mutual InterBank Offer Rate
b) Module InterBank Offer Rate
c) Modern InterBank Offer Rate
d) Mumbai InterBank Offer Rate
Answer (d )
28) Government approved Enhancing Indias solar power capacity target under Jawaharlal Nehru National
Solar Mission (JNNSM) by five times to ____________ MW by 2022.
a) 200000
b) 100000
c) 500000
d) 150,000
Answer (b)
29) Government increased national floorlevel minimum wage (NFLMW) to ________ from 137 rupees per
day?
a) 150 rupees
b) 147 rupees
c) 200 rupees
d) 160 rupees
Answer (d)
30) Government increased number of workdays under Mahatma Gandhi National Rural Employment
Guarantee Act (MGNREGA) from 100 days to __________ in droughtaffectedareas ?
a) 150 days
b) 175 days

c) 125 days
d) 200 days
Answer (a)
31) Government launched INIP (_________) of 1,500 crore rupees as per mandatory provision under Civil
Liability for Nuclear Damage Act (CLND), 2010?
a) Indian Native Insurance Pool
b) Indian Neutral Insurance Pool
c) Indian Nuclear Insurance Port
d) Indian Nuclear Insurance Pool
Answer (d)
32) Government will open 1000 stores under _________ to provide medicines to underprivileged people at
prices 6070 % less than the market price?
a) LokAushadhi Scheme
b) SarvaAushadhi Scheme
c) Jan Aushadhi Scheme
d) SanjivaniAushadhi Scheme
Answer (c)
33) Government will Give Rs ____________ Crore Interest-Free Loans to Sugar Mills to help the mills in
clearing 30 % of Rs 21,000 crores debt on Sugar mills to be given to cane farmers?
a) 9,000
b) 6,000
c) 12,000
d) 10,000
Answer (b)
34) Government will infuse additional Rs. 11,500 crores in public sector banks in 201516 apart from USD
1.2 billion (Rs 7,940 crore ) stated in the Budget. Public sector banks will need additional capital of Rs
________ lakh crore by 2018 to meet the Basel III capital adequacy norms?
a) 1.40
b) 2.40
c) 3.40
d) 4.00
Answer (b)
35) _______ launched quick Loan approval schemes for Personal Loans, 3 wheelers and 2wheelers ?
a) ICICI Bank
b) Axis Bank
c) SBI
d) HDFC Bank
Answer (d)
36) _______ launched PayZapp app to allow customers to manage credit or debit card details, recharge and
pay bills and Other activities?
a) HDFC Bank

b) ICICI Bank
c) Axis Bank
d) SBI
Answer (a )
37) Increased rate of service tax from 12.36 to ________ became operational on 1 June 2015. ?
a) 14 %
b) 18 %
c) 20 %
d) 15 %
Answer (a)
38) India's ________ signed a Memorandum of Understanding (MoU) with Oman Airport Management
Company (OAMC) for providing aviation training and consultancy services?
a) DLF
b) Adani
c) Reliance
d) GMR Airport Developers
Answer (d)
39) Insurance Regulatory and Development Authority of India (IRDAI) imposed a 50 Lakh penalty on
________ for violating norms ?
a) United Insurance
b) Oriental Insurance
c) LIC
d) Future Generali Life Insurance
Answer (d )
40) As per Inward Investment Report 201415 of UK Trade and Industry (UKTI), India is now ______
largest Foreign Direct Investment (FDI) source for United Kingdom (UK)?
a) First
b) Second
c) Third
d) Fourth
Answer (c )
41) Japan's telecommunications and Internet Giant SoftBank Corp, India's Bharti Enterprises and Taiwanese
Foxconn Technology formed a Joint Venture (JV) named __________ aimed at promoting adoption of
clean and safe energy in India?
a) SBG Cleantech
b) SBG Infratech
c) SBG Technologies
d) SBG Ultratech
Answer (a )
42) Minister of Chemicals & Fertilizers (Ananth Kumar) launched CDPPS (________________) intended to
enhance productivity of Small and Medium Enterprises (SMEs) in the pharmacy sector ?

a)
b)
c)
d)

Cluster Development Programme for Petroleum Sector

Combined Development Programme for Pharma Sector
Cluster Development Programme for Pharma Sector
Cluster Deployment Programme for Pharma Sector

Answer (c)
43) India's first satellite is named after
a) Aryabhatta
b) Bhaskara II
c) Bhaskara I
d) Albert Einstein
Answer: Option A
44) In which year, terrorists crash two planes into New York's World Trade Centre on September 11 in a
sequence of destruction?
a) 2000
b) 2001
c) 2002
d) 2003
Answer: Option B
45) If speed of rotation of the earth increases, weight of the body
a) increases
b) remains unchanged
c) decreases
d) may decrease or increase
Answer: Option C
46) Hybridization is
a) downward movement of water through soil
b) a process of tilling the land
c) decayed vegetable matter
d) cross-fertilization between two varieties
Answer: Option D

47) India's first atomic power station was set up at

a) Surat (Gujarat)
b) Tarapur (Maharashtra)
c) Trombay (Maharashtra)
d) Solapur (Maharashtra)
Answer: Option B
48) In UNO, the new members are admitted to the General Assembly on the recommendation of ____ and
____ the members of the General Assembly should vote in favour.
a) Security Council; two-thirds

b) Security Council; one-third

c) International Court of Justice; two-thirds
d) International Court of Justice; one-third
Answer: Option A
49) What is the main purpose of the proposed Gold Monetisation Scheme?
[A]Allow consumers to sell gold to banks at par with markets
[B]Allow consumers to deposit Gold with banks to get tax-free interest
[C]Allow government of India to sell its Gold stock to utilize for welfare schemes
[D]All RBI to monetize gold to pump money in the economy
Answer (B)
50) Digital Locker is one of the key initiatives under the _______ vision, which is aimed at eliminating the
usage of physical documents.
a) Atal Pension Yojana
b) Pradhan MantriSurakshaBimaYojana (PMSBY)
c) Pradhan MantriJeevanJyotiBimaYojana (PMJJBY)
d) Digital India
Answer (d)
51) Tadawul, the stock exchange which opened for the first time for foreign investors is located in a) Iran
b) Turkey
c) Egypt
d) Saudi Arabia
Answer (D)
52) Which of the following banks has recently launched Scan N Pay mobile application for its customers?
a) Axis Bank
b) HDFC Bank
c) ICICI Bank
d) Federal Bank
Answer (D)
53) Which country is at the top of Fund for Peaces Fragile States Index 2015 (i.e. the country considered the
most fragile)?
a) Iraq
b) South Sudan
c) Somalia
d) Afghanistan
Answer (B)
54) Which company recently replaced Tata Power Ltd in the Bombay Stock Exchanges 30-share SENSEX?
a) Lupin Ltd

b) Ranbaxy Ltd
c) Cipla
d) Sun Pharma
Answer (A)
55) Softbank Corp which has recently formed a JV, SBG Cleantech, with Bharti Enterprise and Taiwanbased Foxconn Technology, to promote adoption of clean and safe energy in India is a company based in
a) China
b) Japan
c) South Korea
d) Taiwan
Answer (B)
56) In which country, passing through financial crisis, have the banks been shut for a week to prevent the
country's financial system from collapsing in panic?
a) Greece
b) Turkey
c) Tunisia
d) Spain
Answer (A)
57) As part of Make in India, Finance Minister Arun Jaitely inaugurates Indigenous New Bank Note printing
lines at Security Paper Mill in _________ .
a) Hoshangabad
b) Hyderabad
c) Vijayawada
d) Ahmedabad
Answer (A)
58) RBI decided to issue _______ coins to commemorate International Day of Yoga.
a) 2 rupees
b) 5 rupees
c) 10 rupees
d) 100 rupees
Answer (c)
59) White-Fi technology, which uses of a Wi-Fi technology within the TV unused spectrum is being
developed by ___?
a) Google
b) Microsoft
c) Facebook
d) IBM
Answer (b)
60) In which state Indias first railway line built under Public Private Partnership (PPP) model?
a) West Bengal
b) Gujarat

c) Rajasthan
d) Madhya Pradesh
Answer (B)
61) GAGAN, Indias indigenous navigational system is jointly developed by ISRO and which of the
following?
a) DRDO
b) HAL
c) AAI
d) BEL
Answer (C)
62) Who is the chairman of the committee constituted by RBI on financial inclusion?
a) Deepak Mohanty
b) Aravind Mishra
c) H R Khan
d) M Ghandi
Answer (A)
63) Which insurance company has launched the countrys first digitised policy in India?
a) India First Life Insurance
b) Life Insurance Corporation of India
c) IDBI Federal Life Insurance
d) Reliance Life Insurance
Answer (A)
64) In which year Mutual fund industry began in India?
a) 1957
b) 1963
c) 1975
d) 1980
Answer (B)
65) As on July 2015, what is Indias Total Fertility Rate (TFR)?
a) 2.1
b) 2.6
c) 2.4
d) 2.5
Answer (B)
66) Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement between the
member countries of _____?
a) SAARC
b) ASEAN
c) SCO
d) EU

Answer (B)
67) Recently, ISROs PSLV-28 has successfully launched five satellites of which country?
[A]Germany
[B]UK
[C]Singapore
[D]South Korea
Answer (B)
68) Which country is the biggest contributor to recently agreed BRICS currency reserve pool?
[A]India
[B]Russia
[C]China
[D]Brazil
Answer (C)
69) Which country will chair the 2016-BRICS summit?
[A]India
[B]China
[C]South Africa
[D]Brazil
Answer (A)
70) Which of the following has been named worlds largest public work scheme?
[A]MGNREGA
[B]IRDP
[C]JSY
[D]IAY
Answer (A)
71) Which is the only India city to be listed on the Worlds top 20 tech-rich cities?
[A]Mumbai
[B]Hyderabad
[C]Bengaluru
[D]Pune

Answer (C)
72) Which is the largest exported single spice from India?
[A]Jeera
[B]Chilli
[C]Pepper
[D]Cardamom
Answer (B)
73) The union government has launched a mobile application m-asset to know assets of ____?
[A]Gram Panchayat
[B]Municipalities
[C]ZillaPanchayat
[D]State Governments
Answer (A)
74) As per World Bank report, what is Indias per capita income in 2014?
[A]$1,631
[B]$1,453
[C]$1,503
[D]$1,650
Answer (A)
75) Which one of the following states shares longest border with Bangladesh?
[A]Meghalaya
[B]Assam
[C]West Bengal
[D]Mizoram
Answer (C)
76) If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
a) Increase it
b) Decrease it
c) No impact
d) None of the above
Answer (a)

77) Which of the following items would not appear in a company's balance sheet?
a) Value of stocks of raw materials held
b) Total issued capital
c) Revenue from sales of the company's products
d) Cash held at the bank
Answer (c)
78) In India, which of the following has the largest area under cultivation?
a) Wheat
b) Rice
c) Cotton
d) None of these
Answer (b)
79) Which among the following signs represents "narrow money"?
a) M1
b) M2
c) M4
d) M3
Answer (a)
80) Which among the following describes narrow money or M1?
a) demand deposits of banks + Other deposits with RBI + sum of currency notes and coins
held by the public
b) demand deposits of banks + Other deposits with RBI + Time deposits with the banks
c) demand deposits of banks + Other deposits with RBI
d) None of these
Answer (a)
81) Malegam Committee was set up by the Securities and Exchange Board of India (SEBI), and this
committee gave its recommendations in 1995. This committee was constituted to recommend reforms in
__________?
a) Primary Market
b) Secondary Market
c) Commodity Market
d) None of these
Answer (a)
82) Which among the following committees is related to insurance reforms in India?
a) Marathe Committee
b) Malhotra Committee
c) Kelker Committee
d) None of these
Answer (b)
83) LIBOR stands for London Interbank Offer Rate. What does MIBOR stands for ___?
a) Mumbai Interbank Offer Rate

b) Manchester Interbank Offer Rate

c) Mexico Interbank Offer Rate
d) None of these
Answer (a)
84) Which five year plan of India is called "Industry and Transport" plan?
a) First Five Year Plan
b) Second Five year Plan
c) Third Five Year Plan
d) None of these
Answer (b)
85) India has an extensive road network of 3.3 million kms . What is India's rank in the world in Road
Network ?
a) First
b) Second
c) Third
d) None of these
Answer (b)
86) The market for government securities comprises the securities issued by the _________
(a) Central Govt.
(b) State Govt
(c) State sponsored entities
(d) All of the above
Answer(d)
87) Interest payments of the following bonds are based on Wholesale Price Index/ Consumer Price Index :
(a) SBI Bonds
(b) RBI Bonds
(c) Zero Coupon bonds
(d) Indexed bonds
Answer(d)
88) A company may purchase its own shares, out of _____.
(a) its promoters money
(b) its Equity Capital
(c) Profits
(d) Free Reserves

Answer(d)
89) What is the present value of Rs. 1000 payable 3 years hence, if the interest rate is 8% per annum?
(a) Rs. 779.42
(b) Rs. 788.23
(c) Rs. 793.83
(d) Rs. 785.54
Answer(c)
90) What is the present value of Rs. 1000 payable 5 years hence, if the interest rate is 10% per annum?
(a) Rs. 680.64
(b) Rs. 656.56
(c) Rs. 620.92
(d) Rs. 690.76
Answer(c)
91) Calculate the value 5 years hence of a deposit of Rs. 1000 made today if the interest rate is 9%.
(a) Rs. 1543.65
(b) Rs. 1538.62
(c) Rs. 1546.23
(d) Rs. 1570.54
Answer (b)
92) _____ is the discount rate which makes its net present value equal to zero.
(a) Accrued Interest rate
(b) Compunding
(c) Discounting
(d) Internal Rate of Return (IRR)
Answer (d)
93) Security A gives a return of 10% with a dispersion of 4%, while security B gives return of 18% with a
dispersion of 6%.Which security is more risky?
a) Security A
b) Neither of the securities is risky
c) Security B

d) Both securities are equally risky

Answer(a)
94) Security A gives a return of 12% with a dispersion of 4%, while security B gives return of 15% with a
dispersion of 5%.Which security is more risky?
a) Security B
b) Both securities are equally risky
c) Security A
d) Neither of the securities is risky
Answer (b)
95) Gross Profit Ratio is given by __________.
a) Gross Profit/Net Sales
b) Net Profit/ Cost of Sales
c) Net Profit/Sales
d) Gross Profit/Cost of Sales
Answer(a)
96) National Association of Software and Services Companies (NASSCOM) signed an MoU with IESA
(_____________) to speed up 'Make in India' and 'Digital India' agenda for electronic system design and
manufacturing (ESDM) and IT ?
a) India Engineers and Semiconductor Association
b) India Electronics and Semiconductor Agreement
c) India Electronics and Synthetic Association
d) India Electronics and Semiconductor Association
Answer (d)
97) RBI (Reserve Bank of India) issued Second bimonthly monetary policy statement 201516. Repo rate
has been cut by ________ (Nee value of repo rate is 7.5 %)?
a) 1.25 %
b) 2.25 %
c) 0.50 %
d) 0.25 %
Answer (d)
98) RBI announced ____________ Scheme to allow banks and other lending institutions to convert their
loans into equity stake in the Borrower Company. ?
a) Suitable Debt Restructuring
b) Strategic Debt Restructuring
c) Simplified Debt Restructuring
d) Stimulated Debt Restructuring

Answer (b )
99) Reserve Bank of India (RBI) extended date to exchange pre2005 bank notes till ____________from
June 30, 2015?
a) December 31, 2015
b) November 31, 2015
c) October 31, 2015
d) August 31, 2015
Answer (a)
100) SEBI (Securities and Exchange Board of India )simplifed IPO Norms to help investors and
companies by reducing the the listing time from 12 to ______ from the date of the public offer. ?
a) 11 Days
b) 10 Days
c) 8 Days
d) 6 Days
Answer (d )
101) ___________ launched eforex as an online platform to enable customers to book their foreign
exchange transactions online. ?
a) ICICI Bank
b) State Bank of India
c) HDFC Bank
d) Axis Bank
Answer (b)
102)

Foreign Currency Convertible Bonds (FCCBs) are also known as _______.

(a) Euro Issues

(b) Dollar Issues
(c) Convertible credit securities
(d) Convertible credit bonds
Answer(a)
103) As per Global Peace Index Report 2015 by Australia's global think-tank Institute for Economics and
Peace (IEP), Iceland is most peaceful country in the world while Syria is least peaceful and India is
__________ in the list ?
a) 123
b) 143
c) 133
d) 153
Answer (b)
104) Government signed agreement with _______ for abolishing visa requirements for diplomatic
passports holders for visa-free travel across both countries and staying up to 90 days ?
a) USA

b) UK
c) Germany
d) Spain
Answer (d)
105) India pledged assistance of _____ to the earthquake-hit Nepal during International Donors
Conference in Kathmandu, Nepal. Nepal to get 3 Billion USD as assistance from global sources for its
reconstruction activities. ?
a) .5 billion USD
b) 1.5 billion USD
c) 1 billion USD
d) 2 billion USD
Answer (c)
106) International Renewable Energy Agency (IRENA) 's 9th Council meeting held in Dubai (________).
Renewable Energy Target Setting report 2015 was released by IRENA Director-General Adnan Z.
Amin. ?
a) United Arab Emirates
b) Kuwait
c) Qatar
d) Oman
Answer (a)
107) International Telecommunication Union (ITU) defined speed of 5G (Fifth Generation) standard for
mobile networking as _______ at ITU conference in California (USA) ?
a) 20 Gigabits per second
b) 10 Gigabits per second
c) 5 Gigabits per second
d) 25 Gigabits per second
Answer (a)

108) The banks are required to maintain a certain ratio between their cash in the hand and totals assets.
This is called
a) Statutory Bank Ratio (SBR)
b) Statutory Liquid Ratio (SLR)
c) Central Bank Reserve (CBR)
d) Central Liquid Reserve (CLR)
Answer: Option B
109) In India, rural incomes are generally lower than the urban incomes, which of the following reasons
account for this?
I.
A large number of farmers are illiterate and know little about scientific agriculture
II.
Prices of primary products are lower than those of manufactured products
III.
Investment in agriculture has been low when compared to investment in industry
a) I, II, III

b) I, II
c) I, III
d) II, III
Answer: Option A
110)

Fiscal deficit in the Union Budget means

a) the difference between current expenditure and current revenue
b) net increase in Union Governments borrowings from the Reserve Bank of India
c) the sum of budgetary deficit and net increase in internal and external borrowings
d) the sum of monetized deficit and budgetary deficit

Answer: Option C
111)

In India, inflation measured by the

a) Wholesale Price Index number
b) Consumers Price Index for urban non-manual workers
c) Consumers Price Index for agricultural workers
d) National Income Deflation

Answer: Option A
112) The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in
the range of
a) 15 to 20 percent
b) 20 to 25 percent
c) 25 to 30 percent
d) 30 to 35 percent
Answer: Option B
113)

Subsidies mean
a) payment by government for purchase of goods and services
b) payment made by business enterprises to factors of production
c) payment made by companies to shareholders
d) payment made by the government to business enterprises, without buying any goods and services

Answer: Option D

114)
a)
b)
c)
d)

Short-term finance is usually for a period ranging up to

5 months
10 months
12 months
15 months

Answer: Option C
115)

In India, which one among the following formulates the fiscal policy?
a) Planning Commission
b) Ministry of Finance
c) Finance Commission

d) The Reserve Bank of India

Answer: Option B

116)

The budget deficit means

a) the excess of total expenditure, including loans, net of lending over revenue receipts
b) difference between revenue receipts and revenue expenditure
c) difference between all receipts and all the expenditure
d) fiscal deficit less interest payments

Answer: Option C
117) In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other
material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added
in process?
a) Rs 1000
b) Rs 500
c) Rs 400
d) Rs 300
Answer: Option D
118)

Devaluation of currency leads to

a) fall in domestic prices
b) increase in domestic prices
c) no impact on domestic prices
d) erratic fluctuations in domestic prices

Answer: Option B
119)

Deficit financing implies

a) printing new currency notes
b) replacing new currency with worn out currency
c) public expenditure in excess of public revenue
d) public revenue in excess of public expenditure

Answer: Option C
120)

Entomology is the science that studies

a) Behavior of human beings
b) Insects
c) The origin and history of technical and scientific terms
d) The formation of rocks

Answer: Option B
121)

Fixed Assets Turnover Ratio is given by __________.

a) Net Sales/Average Net Fixed Assets

b) Net Sales/Gross Fixed Assets

c) Cost of Sales/Average Net Fixed Assets

d) Cost of Sales /Gross Fixed Assets
Answer (a)
122) As per British Petroleum report for Oil and Gas Consumption 2015, ______________became largest
oil producer in 2014 surpassing Saudi Arabia ?
a) USA
b) Russia
c) China
d) Canada
Answer (a)
123) As per CB Richard Ellis Group (USA) Global Prime Office Occupancy Costs survey 2015 ____________ continued to be the worlds highest-priced office market. ?
a) Delhi's Cannaught Place
b) Londons West End
c) New York Wolf Street
d) New York Times Square
Answer (b)
124)

Which among the following is /are characters of Dual Economy ?

a) Existence of Agriculture and Industry
b) Existence of commercial agriculture with subsistence farming
c) modern industry and commercial agriculture with subsistence farming and traditional handicraft
d) All the three

Answer (d)
125)

Which is the highest body that approves a Five year Plan?

a) Ministry of Finance
b) LokSabha
c) National Development Council
d) None of these

Answer (c)
126)

Article 5 of Washington Treaty makes the basis of which of the following organizations?
[A]World Bank
[B]United Nations
[C]NATO
[D]International Monetary Fund

Answer (C)
127)

Which country has recently set up worlds largest cancer register system?
[A]Japan

[B]USA
[C]China
[D]India
Answer (C)
128)

Which insurance company has launched the countrys first digitised policy in India?
[A]India First Life Insurance
[B]Life Insurance Corporation of India
[C]IDBI Federal Life Insurance
[D]Reliance Life Insurance

Answer (A)
129)

Tata trust and which internet giant has launched Internet Saathi to bring women online?
[A]Yahoo
[B]Google
[C]Facebook
[D]Microsoft

Answer (B)
130)

Which bank has become the first to launch Watch Banking in India?
[A]ICICI
[B]HDFC
[C]Axis
[D]SBI

Answer (B)
131) Airbus and which Indian company have signed a MoU to form a joint venture to produce helicopters
in India?
[A]Reliance
[B]Mahindra
[C]Tata group
[D]HAL
Answer (B)
132) As per Socio Economic and Caste Census 2011, which state has highest number of households with
a mobile phone?

[A]Maharashtra
[B]Tamil Nadu
[C]Uttar Pradesh
[D]Karnataka
Answer (C)
133)

Which country is the largest market for Indian Seafood Products?

[A]Russia
[B]European Union
[C]USA
[D]Japan

Answer (C)
134) Which of the following countries are top three largest shareholders in Asian Infrastructure
Investment Bank (AIIB)?
[A]China, India and Australia
[B]China, Australia and Canada
[C]China, India and Russia
[D]China, Russia and India
Answer (C)
135)

The Delhi-Mumbai Economic corridor (DMIC) project covers how many states?
[A]Four
[B]Six
[C]Five
[D]Seven

Answer (B)
136)

What is the ratio of sour and sweet crudes in the Indian Crude Oil Basket?
[A]68:32
[B]72:28
[C]75:25
[D]88:12

Answer (B)

137) Government of India has launched Modified Special Incentive Proposal Scheme (M-SIPS) for which
of the following sectors?
[A]Textile sector
[B]Electronic sector
[C]Automobile sector
[D]Agriculture sector
Answer (B)
138)

Which is the most common chemical used in cloud seeding?

[A]Potassium bromide
[B]Silver iodide
[C]Potassium chloride
[D]Magnesium iodide

Answer (B)
139)

As on June 2015, which is the leading state in the country in terms of solar installed capacity?
[A]Gujarat
[B]Rajasthan
[C]Tamil Nadu
[D]Madhya Pradesh

Answer (B)
140) As per the recent land swap deal between India and Bangladesh, what is the number of enclaves
which India has to transfer to Bangladesh?
[A]51
[B]82
[C]111
[D]117
Answer (C)
141)

Which country has registered top source of foreign direct investment (FDI) into India in 2014-15?
[A]Singapore
[B]Mauritius
[C]Japan
[D]Netherland

Answer (B)
142)

As per World Bank, which country has highest investment commitment in 2014?
[A]India
[B]Peru
[C]Brazil
[D]Turkey

Answer (C)
143)

Who is the chairman of the Council of Scientific and Industrial Research (CSIR)?
[A]President of India
[B]Vice-President of India
[C]Prime Minister
[D]Minister of Science & Technology

Answer (C)
144)

Which country is the Country of honour at Chinas South Asia Expo June 2016?
[A]India
[B]Pakistan
[C]Taiwan
[D]Sri Lanka

Answer (A)
145)

According to World Economic Forum, which is the worlds biggest employer?

[A]US Department of Defence
[B]Indian Railway
[C]Chinese military
[D]Indian Army

Answer (A)
146)

What is Indias ranking in the Baseline Profitability Index (BPI) for investment?
[A]Second
[B]Third
[C]First
[D]Fourth

Answer (C)
147) Which is the worlds number one environment think tank in the 2014 Global Go To Think Tank
Index?
[A]World Resource Institute
[B]The Energy and Research Institute
[C]Centre for Science and Environment
[D]Stockholm Environment Institute
Answer (A)
148)

Which country is the largest recipient of Foreign Direct Investment (FDI) in 2014?
[A]China
[B]USA
[C]Russia
[D]Brazil

Answer (A)
149)

Which revenue earned by Union government is not distributed among State Governments?
a) Excise duty
b) Income Tax
c) Customs duty
d) None of these

Answer: (c)
150) Two bodies of the same mass are thrown with equal speed from the top of a tower simultaneously.
One body (x) us thrown vertically downwards. The other (y) is thrown horizontallya) Both reaches ground simultaneously
b) Both reaches ground with same kinetic energy
c) X reaches ground with greater kinetic with energy
d) Y reaches ground with greater kinetic energy
Answer: (a)
151)

The famous book A Better India, A better world has been written bya) Rajiv sikri
b) AzimPremji
c) N.R. Narayana Murthy
d) Praveen Mahapatra

Answer: (C)
152)

The International agreement to reduce green-house gases between 2008-2012 is known asa) Agenda 21
b) Rule of 70

c) Rio Protocol
d) Kyoto Protocol
Answer: (D)
153)

Find the odd out one outa) EXIM Bank-Financial assistance to exporters and importers
b) IDBI-Financial assistance to large industries
c) SIDBI Financial assistance
d) FCI Financial assistance to food-grains merchants

Answer: (D)
154)

If all the plant of the world dies, all the animals would also die due to shortage ofa) Shelter
b) Cold air
c) Food
d) Oxygen

Answer: (D)
155)

EI Nino effect is closely associated witha) Gulf current

b) Humboldt current
c) Euatorial counter current
d) Canaries current

Answer: (C)
156)

Romance with Life is a book written bya) Dilip Kumar

b) Debashees Dutta
c) Dev Anand
d) Hemamalini

Answer: (C)
157)
a)
b)
c)
d)

Padma Bhushan Award isLiterary Award

Civilian Award
Bravery Award
Gallantry Award

Answer: (B)
158)

Which country recently overtook Japan to become No. 2 Economic Power?

a) Korea
b) India
c) Russaia
d) China

Answer: (D)

159)

SaraswatiSamman is an award given for excellence in the field ofa) Science and Technology
b) Literature
c) Social service
d) Sports

Answer: (B)
160)

The Chief Justice of Supreme Court is appointed by

a) The President alone
b) The President on the recommendation of the Prime Minister
c) The president in consultation with the judges of the Supreme Court and High Courts
d) The President on the recommendation of the Law commission

Answer: (C)
161)

By which Act was the Public Service Commission first established in India?
a) The Act of 1909
b) The Government of India Act 1935
c) The Government of India Act 1919
d) The Indian Council Act 1892

Answer: (C)
162)

Which is the biggest enterprise of the government of India?

a) Postal and Telegraph
b) Shipping
c) Banking
d) Railways

Answer: (D)
163) What is the maximum investment limit for retail investors in any public issue as per the rules of
SEBI?
a) Rs. 2, 00000
b) Rs. 1, 00000
c) Rs. 5, 00000
d) Rs. 50000
Answer: (a)
164)

Which of the following Petroleum product is fully under market based price determination policy?
a) Diesel
b) Petrol
c) Petrol, Diesel and Kerosene
d) Petrol, Diesel both

Answer: (b)
165)

Which of the following Indian Private Company is the biggest employer?

a) Reliance Industries
b) TCS
c) ITC

d) Wipro
Answer: (B)
166) Shikha Sharma recently included in Forbes' Top 100 Powerful Women of the World list is associated
with
a) HDFC Bank
b) AXIS Bank
c) ICICI Bank
d) HSBC
Answer: (B)
167) Which of the following country has declared Broadband Service as the fundamental right in the
country?
a) Finland
b) Britain
c) Denmark
d) United States of America
Answer: (A)
168)

World Investment Report is annual lypublished by

a) WTO
b) IMF
c) UNCTAD
d) IBRD

Answer: (C)

169)

In newly proposed Direct Tax Code the highest rate of individual income tax has been put at
a) 25 per cent
b) 30 per cent
c) 35 per cent
d) 20 per cent

Answer: (B)
170) Which of the following public sector company has launched IPO in the share market to raise Rs
15000 croretarget?
a) Coal India Ltd.
b) BHEL
c) ONGC
d) NTPC
Answer: (A)
171)

When you save to this, your data will remain intact even when the computer is turned off
a) RAM
b) Motherboard
c) Secondary storage device

d) Primary storage device

Answer: (C)
172) A central computer that holds collections of data and programs for many PCs, workstations, and
other computers is a(n)
a) Supercomputer
b) Minicomputer
c) Laptop
d) Server
Answer: (D)
173) You can.a search by providing more information the search engine can use to select a smaller,
more useful set of results.
a) Refine
b) Expand
c) Load
d) Query
Answer: (A)
174)

What is the permanent memory built into your computer called?

a) RAM
b) Floppy
c) CPU
d) ROM

Answer: (D)
175)

Video processors consist of----and -----, which store and process images.
a) CPU and VGA
b) CPU and memory
c) VGA and memory
d) VGI and DVI

Answer: (C)
176)

A(n) is a special visual and audio effect applied in power point to text or content.
a) Animation
b) Flash
c) Wipe
d) Dissolve

Answer: (A)
177)

The computer abbreviation KB usually means

a) Kilo Byte
b) Kit Bit
c) Key Byte
d) Key Block

Answer: (A)

178)

Which of the following are advantages of CD-ROM as a storage media?

a) CD-ROM is an inexpensive way to store large amount of data and information
b) CD-ROM disks retrieve data and information more quickly than magnetic disks do
c) CD-ROM make less errors than magnetic media
d) All of the above

Answer: (D)
179)

Personal computer can be connected together to form a

a) Server
b) Supercomputer
c) Network
d) Enterprise

Answer: (C)
180) India is the __________ largest country in the world, with an area of 31,87,263 sq. km. accounting
for about 2.4 per cent of total world area.
a) Fifth
b) Sixth
c) Third
d) Seventh
Answer: (D)
181) The Indus rises in Mount Kailash in Tibet and flowing through the Punjab and Sind (Pakistan) falls
into the
a) Bering Sea
b) Caribbean Sea
c) Caspian Sea
d) Arabian Sea
Answer: (D)
182)

Real forest represents only 19.7 percent of Indias geographical area against a desirable
a) 63%
b) 43%
c) 53%
d) 33%

Answer: (D)
183)

The female literacy in India is

a) 43.60%
b) 63.60%
c) 53.6%
d) 37.60%

Answer: (C)
184)

The male literacy in India is

a) 45.20%
b) 75.2%

c) 60.20%
d) 55.20%
Answer: (B)
185)

Pimpri near Pune is famous for

a) Chemical industry
b) Cycle industry
c) Antibiotic factory
d) Rubber factory

Answer: (C)
186)

The Tehri Dam Project is constructed in

a) Bihar
b) Madhya Pradesh
c) Uttranchal Pradesh
d) Uttar Pradesh

Answer: (C)
187)

Marble is found in
a) Kerala
b) Karnataka
c) Rajasthan
d) Gujarat

Answer: (C)
188)

Who is the highest paid CEO of Indian Banks currently (June 2015)?
[A]Aditya Puri
[B]ChandaKochchar
[C]Shikha Sharma
[D]ArunaBandopadyaya

Answer (A)
189) The North Atlantic Treaty Organisation is an inter governmental military alliance of countries from
____?
[A]North America and Asia
[B]Asia and Europe
[C]Europe and North America
[D]Europe and South America
Answer (C)
190)

In 2014, which country has emerged as worlds biggest oil producer?

[A]Saudi Arabia
[B]USA
[C]Russia
[D]China
Answer (B)
191) Currently, which are the five nations in the world capable of designing and constructing aircraft
carriers?
[A]US, China, Russia, France, India
[B]US, Japan, Russia, China, India
[C]US, Russia, UK, France, India
[D]US, India, France, UK, India
Answer (C)
192) In June, 2015, twenty six countries from which region have agreed to create The Tripartite Free
Trade Area (TFTA)?
[A]Asia
[B]Europe
[C]Africa
[D]North America
Answer (C)
193)

Which country has highest Jewish population in the world?

[A]USA
[B]Israel
[C]France
[D]Canada

Answer (B)
194)

In which state Bajaj Allianz has launched a weather-based crop insurance scheme?
[A]Karnataka
[B]Tamil Nadu
[C]Maharashtra
[D]Kerala

Answer (C)

195)

As per latest report, the per capita emission of greenhouse gases is highest in which country?
[A]China
[B]USA
[C]Russia
[D]India

Answer (A)
196)

Which of the following air pollutant is not produced by coal thermal power plant?
[A]Carbon dioxide
[B]Sulfur dioxide
[C]Carbon monoxide
[D]Nitrogen oxide

Answer (A)
197)

The International Date Line runs through which of the following two oceans?
[A]Pacific and Indian Oceans
[B]Indian Ocean and Atlantic
[C]Pacific and Arctic Oceans
[D]Atlantic and Pacific Oceans

Answer (C)
198) What is the maximum liability permissible for nuclear damage under Civil Liability of Nuclear
Damage (CLND) Act?
[A]Rs 1000 crore
[B]Rs 1500 crore
[C]Rs 2000 crore
[D]Rs 2500 crore
Answer (B)
199) Against which Indian companies, United States has opened an investigation for alleged H1-B visa
violation?
[A]Infosys and TCS
[B]TCS and Wipro
[C]Wipro and Infosys
[D]Infosys and Tata

Answer (A)
200)

Which country is the top destination for Indias outbound investment?

[A]Singapore
[B]Mauritius
[C]Netherland
[D]USA

Answer (C)
201)

As per NSSO report, which state has recorded highest literacy rate?
[A]Mizoram
[B]Andhra Pradesh
[C]Kerala
[D]Punjab

Answer (A)
202)

Which one of the following correctly represents the worlds top three largest mobile operators?
[A]China mobile, Vodafone and Airtel
[B]Vodafone, China mobile and Airtel
[C]Vodafone, Airtel and China mobile
[D]Airtel, China mobile and Vodafone

Answer (A)
203)

Union Government hiked national floor-level minimum wage to _________ rupees per day.
a) 137
b) 145
c) 153
d) 160

Answer (D)
204) The International Telecommunication Union (ITU) defined the speed of 5G standard for mobile
networking as _________.
a) 10 Gbps
b) 15 Gbps
c) 20 Gbps
d) 25 Gbps
Answer (C)
205) Recently SBI launched Project Tatkal, the project will help home loan applicants to get the loan
within ________ after receipt of application form and relevant supporting documents.

a)
b)
c)
d)

3 days
5 days
8 days
10 days

Answer (D)
206) Recently Institute for Economics and Peace (IEP) on 16 June 2015 released the Global Peace Index
(GPI) 2015. India was placed at the _______ position.
a) 111th
b) 143rd
c) 155th
d) 168th
Answer (B)
207)
a)
b)
c)
d)

Kiran Bedi is
first woman IAS officer
first woman IPS officer
first woman advocate
first woman judge

Answer: Option B
208) As per recently relased Financial Indicators of 2014-15, Fiscal Deficit is 4.0 % of GDP, Revenue
Deficit is 2.8% of GDP and Tax Collections are _____________ of GDP. ?
a) 8.8 %
b) 10.8%
c) 11.8%
d) 9.8%
Answer (d)
209) Government approved NamamiGange Program to clean Ganga river in a comprehensive manner
with a budget outlay of Rs. __________ for the next 5 years ?
a) 10,000 crore
b) 20,000 crore
c) 25,000 crore
d) 30,000 crore
Answer (b)
210) Government made REITs (____________) eligible under Foreign Exchange Management Act
(FEMA) to enable foreign investment inflows into real estate projects, that was prohibited as of now ?
a) Real Estate Investment Treaty
b) Real Estate Inclusive Trusts
c) Rear Estate Investment Trusts
d) Real Estate Investment Trusts
Answer (d)
211) _________ became first Indian Company to Join RE100 Renewable Energy Campaign which is
global platform for major companies committed to 100% renewable power ?

a)
b)
c)
d)

TCS
TATA Sons
HCL
Infosys

Answer (d)
212) Internet firm _________ acquired Online grocery marketplace BestAtLowest.com for 10 million
USD to expand companys search plus capabilities and sync between online and physical stores in
real-time ?
a) Askme
b) Snapdeal
c) Flipkart
d) Paytm
Answer (a)
213) LokSabha passed Goods and Services Tax (GST) Bill, 2014 (Also called Constitution (122nd
Amendment)). The bill is aimed at transforming India into a common market, unifying into a national
goods and services tax expected to boost manufacturing and reduce corruption. It will insert
____________ in the Constitution. ?
a) Article 280 A
b) Article 279 A
c) Article 281 A
d) Article 282 A
Answer (b)
214) As per Swiss National Bank (SNB) Data for Foreigners' Money in Swiss Banks, India is placed at
_______ position in terms of foreigners money in Swiss banks with 0.123 % of the total global wealth
of 1.6 trillion USD in Switzerland's banking system ?
a) 61st
b) 56st
c) 41st
d) 50th
Answer (a )
215) As per UNCTAD (United Nations Conference on Trade and Development)'s World Investment
Report 2015, China became largest recipient of FDI ($ 129 billion) wth US second ($ 92 billion) while
India is at _______ Position with $34 billion investment during 2014?
a) 3rd
b) 5th
c) 7th
d) 9th
Answer (d )
216) _______ government has opened an investigation against TCS and Infosys, two of biggest Indian
outsourcing companies for possible violations of H1B visa rules. ?
a) USA
b) UK

c) Spain
d) France
Answer (a )
217)

A company making a public issue of securities has to file a draft prospectus with ____.

(a) RBI
(b) SEBI
(c) Ministry of Finance
(d) None of the above
Answer(b)
218)

Which among the following is the best definition of Rupee Convertibility?

a) Ability to convert Rupee into Gold and vice versa
b) Ability of the market forces to convert the value of the Rupee
c) permission of the conversion of Rupee to other currencies and vice versa
d) None of these

Answer (c)
219) M3 or Broad Money is a measure of the stock of money in the nation with reference to which
monetary targets are set by the Reserve Bank of India. Which among the following is /are constituents of
M3?
a) currency with the public
b) currency with the public + demand deposits with the Banks
c) currency with the public + demand deposits with the banks + time deposits with the banks
d) None of these
Answer (c)
220) ASCI (_______) launched its consumer complaint mobile application named ASCIonline to provide
consumer complaint services along with existing Website Facility for reporting misleading
advertisements?
a) Advertising Standard Council of India
b) Advertising Standard Committee of India
c) Advertising Saturation Council of India
d) Advertising Standard Corporation of India
Answer (a)
221) Agriculture Minister Radha Mohan Singh launched free SMS service ________ to provide alerts on
extreme weather conditions such as hailstorm every three hours to registered farmers on their mobile
phones?
a)
Nowcast
b)
Broadcast
c)
Podcast
d)
Futurecast
Answer (a)

222) __________ government launched MeeBhoomi, a digital depository of land records. Web URL is http://meebhoomi.ap.gov.in. It will make all land details available to the people?
a)
Kerala
b)
Uttar Pradesh
c)
Madhya Pradesh
d)
Andhra Pradesh
Answer (d)
223) Government approved Memorandum of Cooperation with ________'s Patent Office for cooperation
in field of Industrial Property (IP)?
a)
Japan
b)
China
c)
Russia
d)
South Korea
Answer (b)
224) In a Prime Ministerial visit to France, India has agreed to buy combat aircraft from the country.
Name the Aircraft which would be procured from France?

A. Mig-25
B. Rafale
C. Mirage-V
D. Mirage 25

ANSWER: B. Rafale.
India has agreed to buy 36 multi-role Combat Aircraft in a flyaway condition as soon as possible. The two
countries also agreed on setting up of six units of nuclear power plants totaling 1650 MW at Jaitpur in
Maharashtra.
225) Name the scheme that has been suspended by Employees Provident Fund Organisation (EPFO) from
April 2015?
A. Peasant Pension Scheme
B. Compensation Scheme
C. Minimum Monthly Pension Scheme
D. All of these

ANSWER: C. Minimum Monthly Pension Scheme

The scheme was launched with effect from September 2014, hiking the pension amount to a flat Rs 1,000
per month for those who were getting lower amount earlier. This decision will hit about 32 lakh Pensioners.

226) The government has blocked foreign fundings to Greenpeace India with immediate effect by
suspending its registration for____ months.
A. One
B. Two
C. Six
D. Ten
ANSWER: C. Six.
The decision was taken by the Home Ministry on 9th Apr15 after it was found that the NGO has
prejudicially affected the public interests and economic interests of the country in violation of the Foreign
Contribution Regulation Act. According to the show cause notice served by the ministry, the licence of
Greenpeace India will be cancelled permanently if it fails to make a satisfactory presentation to the
government.

227) Telecom regulator TRAI has slashed ceiling tariffs for national roaming calls and SMS and has
mandated telecom service providers to offer a special roaming tariff plan. By what percent the roaming
calls will be cheaper?
A. 60%
B. 75%
C. 18%
D. 23%
ANSWER: D. 23%.
Roaming calls will be cheaper by up to 23 per cent, while sending SMSs will cost up to 75 per cent less
from 1st May. In a statement, TRAI said that it has cut the maximum or ceiling rate that a telecom operator
can charge for STD calls on roaming to Rs 1.15 per minute from Rs 1.50. Similarly, national SMS rate has
been reduced to 38 paise from Rs 1.05 per SMS.

228)

Who has been appointed as the Chief Election Commissioner w.e.f 19th Apr15?

A. Umesh Sinha
B. A Y Qureshi
C. NasimZaidi
D. Harishankar Brahma

ANSWER: C. NasimZaidi
The President has appointed the senior-most Election Commissioner, Dr.NasimZaidi as the Chief Election
Commissioner. A 1976 batch IAS officer, Dr Zaidi has worked in the Civil Aviation Ministry for a long
time. The incumbent Chief Election Commissioner Harishankar Brahma will demit the office on the 18th of
this month.
229) Name the corporation that became the first public sector undertaking (PSU) to hit the market in fiscal
year 2015-16 with its disinvestment taking place ?
A. Urban Electrification Corporation
B. Rural Electrification Corporation
C. Domestic Electrification Corporation
D. Metro Electrification Corporation
ANSWER: B. Rural Electrification Corporation
The Rs 1,550-crore share sale in Rural Electrification Corporation (REC) was subscribed more than 5.5
times thanks to demand from domestic institutions and investors.
230)

Name the e-commerce company that has acquired the Freecharge- a mobile transaction platform?
A. Flipkart
B. Jabong
C. Snapdeal
D. Amazon

ANSWER: C. Snapdeal
231)

Who has been appointed as the new President of Confederation of Indian Industry (CII) for 2015-16?
a) Ajay Shriram
b) SumitMazumdar
c) S Gopalakrishnan
d) Adi Godrej

ANSWER: B. SumitMazumdar
SumitMazumdar is a Chairman & Managing Director of TIL Limited. He succeeds Mr Ajay Shriram as the
new President.
232) Name the Indian company which was chosen as the top employer in Europe for the third consecutive
year by Top Employers Institute, the renowned employers certification agency?
A. Wipro
B. Infosys
C. TCS
D. Larsen & Toubro

ANSWER: C. TCS.
The TCS was ranked as the overall number one in a process that assessed 688 organisations across Europe.
233) What percent of growth was observed in the Tourism sector of India during Jan-Mar2015 as
compared to the same period in 2014?
A. 1.5%
B. 10%
C. 3.2%
D. 5.3%
ANSWER: C. 3.2%
Nearly 23 lakh foreign tourists visited India between January and March this year.
234) What milestone has been achieved by BJP in terms of membership that made BJP a Worlds largest
party?
A. 10 Crore
B. 20 Crore
C. 1 Crore
D. 5 Crore
ANSWER: A. 10 Crore
BJP has claimed to have crossed the ten crore membership mark to become the largest party in the world.
235) What is the new deadline instructed by the RBI banks to continue the earlier interest subvention
scheme since the new scheme may take some time to finalise?
A. 30th June 2015
B. 30th May 2015
C. 30th Apr 2015
D. 21st Apr 2015
ANSWER: A. 30th June 2015.
In 2014-15, interest subvention of 2 per cent was made available to banks on funds used for short-term crop
loans up to Rs 3 lakh per farmer subject to some conditions. Also, additional interest subvention at the rate 3
per cent was made available to farmers repaying loans promptly.
236) As per the approval made by the Government, retirement fund body EPFO is to invest what percent
of its corpus in exchange traded funds?
A. 1%
B. 2%
C. 5%
D. 10%

ANSWER: C. 5%

It will result into an inflow of around five thousand crore rupees into the stock markets during this fiscal. As
per estimates, the EPFO's incremental deposits for 2014-15 would be around 80 thousand crore rupees.

237) Which certification has been received by the Ministry of Information and Broadcasting from the
British Standards Institute in respect of various permissions and licences issued by it for the broadcasting
and print media and films?
A. ISO 9001:2008
B. ISO 9001:10000
C. ISO 9001:2015
D. ISO 9001:2001

ANSWER: A. ISO 9001:2008

The Ministry has put in place a well-defined procedure and measures for ensuring quality of services offered
to the customers on the basis of ISO 9001:2008. It will ensure delivery of services by the Ministry in a
qualitative manner.

238) The Securities and Exchange Board of India has replaced the mandatory colour codes with a _____
that will help investors to understand better the risks involved in mutual fund investments.
A. Riskometer
B. Profit Margin
C. Schemes Structure
D. Marginometer

ANSWER: A. Riskometer
SEBI has said that the existing colour codes would be replaced by pictorial meter named "riskometer" and
this meter would appropriately depict the level of risk in any specific scheme. SEBI has increased the risk
category from three to five levels namely low, moderately low, moderate, moderately high and high.

239) On 29th Apr15, the government decided to raise import duty on sugar from 25 per cent to ____
percent.
A. 30%
B. 35%
C. 40%
D. 50%
ANSWER: C. 40%.
This would prevent any imports in case international prices of sugar are to depress further.

240) In which state, Bharat Heavy Electricals Limited has commissioned a thermal unit of
KantiBijleeUtpadan Nigam Limited, KBUNL?
A. Uttar Pradesh
B. West Bengal
C. Chhattisgarh
D. Bihar
ANSWER: D. Bihar
In a statement in New Delhi today BHEL said, this is the first 195 MW unit to be commissioned by it. The
second 195 MW unit is expected to be commissioned in the current financial year, the statement added.
241) China's annual economic growth has recorded a ____ year low of 7.0 per cent in the first three month
of 2015.
A. Ten
B. Six
C. Three
D. One
ANSWER: B. Six
The National Bureau of Statistics said in the last quarter of 2014, China's economy grew by 7.3 per cent on
an annual basis. On a quarterly basis, economic growth slowed to 1.3 per cent between January and March
after seasonal adjustments.
242) Which Indian Institute has developed a device for advance assessment of damage to buildings in
cities prone to earthquake?
A. IIT-Roorkee
B. IIT-Delhi
C. IISC Bangalore
D. IIIT-Hyderabad
ANSWER: D. IIIT-Hyderabad
The information on the level of shaking will come from seismological inputs in a particular area. The device
is now being tested for its efficacy.
243) ICICI Bank (_______) launched Tap-n-Pay, a near-fieldcommunications-enabled payment service in
collaboration with Tech Mahindra.?
a) Industrial Commitment and Investment Corporation of India
b) Industrial Credit and Institutional Corporation of India
c) Industrial Credit and Investment Corporation of India
d) Institutional Credit and Investment Corporation of India
Answer (c)

244) International Monetary Fund (IMF) released World Economic Outlook (WEO) April 2015 Report
Update Uneven Growth: Short-term and Long-term Factors. It estimated India will grow at a rate of
____ in 2015-16 ?
a) 6.5 %
b) 7.5 %
c) 5.5 %
d) 8.5 %
Answer (b)
245) Keeping in view the cane arrears mounting to Rs 21,000 crores, Cabinet Committee on Economic
Affairs (CCEA) decided to raise import duty on sugar from 25 to _____ and remove excise duty on
ethanol to help mills clear dues to farmers ?
a) 35 %
b) 40 %
c) 30 %
d) 50 %
Answer (b)
246) Online Retailer ____ acquired Delhi-based mobile marketing automation company Appiterate to
focus more on the mobile segment. ?
a) Snapdeal
b) Amazon
c) Google
d) Flipkart
Answer (d)
247)

Online marketplace _____ acquired RupeePower, a digital financial products distribution platform ?
a) Snapdeal
b) Flipkart
c) Amazon
d) Google

Answer (a)
248) RBI (Reserve Bank of India) notified hike in FDI (Foreign Direct Investment) limit in Insurance
Sector to _____ from the present 26 %. ?
a) 49 %
b) 30 %
c) 35 %
d) 40 %
Answer (a)
249) RajyaSabha passed Regional Rural Banks (Amendment) Bill that amended the RRB Act, 1976 and
increased the authorized capital of RRBs to _____ rupees from 500 CroresCurrently ?
a) 1000 crore
b) 2000 crore
c) 2500 crore
d) 1500 crore

Answer (b)
250) Reserve Bank of India approved amalgamation of ING Vysya Bank with ____ with effect from 1
April 2015 ?
a) Axis Bank
b) HDFC Bank
c) ICICI Bank
d) Kotak Mahindra Bank
Answer (d)
251) _____ signed a strategic partnership with consulting firm Pricewaterhouse Coopers to target Digital
India Projects and large enterprise deals to push itself into large e-governance projects and improve the
sales for its cloud services in India ?
a) Alibaba
b) Amazon
c) Yahoo
d) Google
Answer (d)
252) Securities and Exchange Board of India (SEBI) raised transaction limit in exchange traded currency
derivatives to ______ for both foreign and domestic investors from Earlier limit of 10 million USD ?
a) 20 million USD
b) 25 million USD
c) 15 million USD
d) 30 million USD
Answer (c)
253)

The headquarters of Food and Agriculture Organisation is in

(A) Washington
(B) Paris
(C) Madrid
(D) Rome

Answer (d)
254)

Which of the following countries is not a member of Group 15 developing countries?

(A) Mexico
(B) Malaysia
(C) Brazil
(D) Bolivia

Answer (d)
255)

Which one of the following is not related to disarmament?

(A) SALT
(B) NPT
(C) CTBT
(D) NATO
Answer (d)
256)

Name the social media platform of China joined by Indian Prime Minister Narendra Modi?
A. SinaWeibo
B. Telegram
C. QZONE
D. RENREN

ANSWER: A. SinaWeibo.
257) How many AIIMS will be set up in order to cater the increasingly growing demands for more
doctors across the country?
A. 10
B. 8
C. 6
D. 2
ANSWER: C. 6.
258)

Adlabs had an IPO which bombed badly. For which project they were raising the money ?

A. Film Project
B. Movie - DDLJ2
C. Project- Chakravyu
D. Imagica
Ans. (D) Imagica
259)

With which e-commerce Company, Indias real estate company has tied-up to sell it apartments?

A. Flipkart
B. Amazon
C. Snapdeal
D. Commonfloor
ANSWER: C. Snapdeal.

260) Which Indian corporate is the biggest donor for the Mahatma Gandhi statue unveiled in London
recently by FM ?
A. Wipro
B. TCS
C. Reliance
D. Infosys
Ans.(D) Infosys
261) Which tech company has 1/1/1 model of philanthropy ? 1% products , 1% profit and 1 % employee
time for volunteering as company Policy
A. bazee dot com
B. Snapdeal dot com
C. Reliance dot com
D. Salesforce dot com
Ans. (D) Salesforce dot com
262)

Which e-commerce giant will be managing the retail arm of IRCTC for two years ?
A. Amazon
B. Flipkart
C. Snapdeal
D. Mantra

Ans. (A) Amazon

263)

The Lion Wakes is a historical account of which global bank ?

A.HSBC
B. CITI
C. RBS
D. Standard Chartered

Ans.(A) HSBC
264)

FM has announced the launch of a MUDRA Bank. Expand MUDRA.

A. Maharashtra Units Development Refinance Agency
B. Mega Units Development Refinance Agency
C. Micro Units Development Refinance Agency
D. Macro Units Development Refinance Agency

Ans. (C )Micro Units Development Refinance Agency

265)

Which two countries are dropping Union Jack from their flags ?
A.Fiji& Brazil
B. Brazil & UK
C. UK & Australia
D. Fiji & New Zealand
Ans. (d) fiji and New Zealand

266)

Baltic Dry Index is at a 28 year low. What does Baltic index measure ?
A.Shipping freight for wet cargo
B. Shipping freight for dry cargo
C. Shipping freight for oil cargo
D. Shipping freight for cotton cargo

Ans. (b) Shipping freight for dry cargo

267) Which of the following organisations recently faced a temporary suspension following under
reporting of their funds?
A. WWF
B. WHO
C. Greenpeace
D. HelpAge India
Answer.(C ) Greenpeace
268)

Which state of USA has approved nitrogen induced executions

A. California
B. Oklahoma
C.Texas
D. New York
Answer.(B) Oklahoma
269)

Snapdeal was founded by

A. Siddharth Kapur& Amit Bansal

B. Shiv Puri
C. Ajay Bansal

D. KunalBahl& Rohit Bansal

Answer.(D) KunalBahl& Rohit Bansal
270)

Which of the following company has been acquired by Snapdeal recently

A.Amazon
B.Myntra
C.FreeCharge
D.Flipkart
Answer.(C)FreeCharge
271)

Big Basket, Tech company is a ?

A.Online food ordering company

B.Online cloth shopping company
C.Online ticket booking company
D.Online Grocery ordering company
Answer.(D)Online Grocery ordering company
272) Which country has been reported to be the most dangerous country in the world by Country Terror
Index?
A.Syria
B.Afghanistan
C.Iraq
D.Pakistan
Answer.(C)Iraq
273)

Open Government Index is released by which International organization

A.Greenpeace
B.World Bank
C.World Justice Project
D.IMF
Answer.(C)World Justice Project
274)

Central Government has created Price Stabilization Fund of

a) 100 Crore
b) 200 Crore
c) 500 Crore
d) 1000 Crore

Answer.(C) 500 Crore

275) Which of the following mobile handset manufacturers has teamed up with "The Mobile Store" India
to sell its phones besides online sales?
a) One Plus
b) Gionee
c) Xiaomi
d) Yu Yureka
Answer.(C)Xiaomi
276)

Earth Hour 2015 was observed on

a) 15 March
b) 23 March
c) 26 March
d) 28 March

Answer (D)
277)

Earth Hour is organized by which organization

A.Greenpeace
B.WWF
C.UNEP
D.World Bank
Answer (B)
278)

Famous personality Tim Cook is the CEO of which company

A.Google
B.Facebook
C.Apple
D.Twitter
Answer.(C)Apple
279)

Which of the two persons have been included in "2015 Fortunes 50 Greatest leaders" list

A. Narendra Modi and Rahul Gandhi

B. KailashSatyarthi and Sonia Gandhi
C. Narendra Modi and Virat Kohli
D. Narendra Modi and KailashSatyarthi
Answer.(D) Narendra Modi and KailashSatyarthi

280)

Who amongst the following is the CEO of website Twitter

A, Biz Stone
B. DickCostolo
C. Jack Dorsey
D. Noah Glass
Answer.(B)Dick Costolo
281)

Who amongst the following has been appointed as chief financial officer of Google

A. SergeyBrin
B. Larry Page
C. RuthPorat
D. Steve Ballmer
Answer.(C)Ruth Porat
282)

5/20 Rule of regulation is related to which sector in India

A. Coastal Shipping
B. Roadways
C. Railways
D. Aviation Sector
Answer.(D) Aviation Sector
283)

Mithivirdi Nuclear Power Plant will be set up in collaboration of which country?

A. Canada
B. Russia
C. USA
D. France
Answer.(C)USA
284)

According to latest report, India has been placed at which rank in steel production in the world

A.1st
B.2nd
C.3rd
D.4th

Answer.(C) 3rd
285) Confederation of Indian Industry (CII) has signed MoU with which University to improve India's
rating on ease of doing business
A. OXFORD
B. National University of Singapore
C. MIT
D. Harvard
Answer.(B)National University of Singapore
286) The new innovation council called Kaya Kalp is set up to turn around the ailing state-run rail
network. This council will be headed by?
A. E Sreedharan
B. Ratan Tata
C. Suresh Prabhu
D. Gurcharan Das
Answer.(B)Ratan Tata
287)

Hyogo Framework for Action is related to:

A. Pollution Control
B. Disaster Risk Reduction
C. Biodiversity Conservation
D. Heritage Sites
Answer.(B)Disaster Risk Reduction
288)

IRDA is the Indian regulator for the a. Banking sector

b. Mutual funds
c. Rural Development
d. Insurance Sector

Ans. (d)
289) Name the country invited by India to participate in creating mega industrial manufacturing corridors
including Delhi-Mumbai industrial corridor?
A. China
B. Japan
C. Canada

D. Qatar
ANSWER: D. Qatar
290) Recently, the govt. announced launching of BIRAC ACE Fund which is aimed at addressing the
pressing needs of accelerating the growth of entrepreneurs, in the field of Biotechnology. BIRAC is
abbreviated as _____.
A. Biotechnology Industry Research Assistance Council
B. Bio Indigenous Research Assistance Committee
C. Biotic Industry Research Assistance Company
D. Biomass Indian Research Assistance Corporation
ANSWER: A. Biotechnology Industry Research Assistance Council.
Govt launches BIRAC to accelerate growth of entrepreneurs in Biotechnology. This equity fund will be
operated by Biotechnology Industry Research Assistance Council, BIRAC, a Public Sector Undertaking
under the Department of Biotechnology of Ministry of Science and Technology.
291)

The Indian Government will unveil the new Foreign Trade Policy 2015-20 on _____.
A. 30th Mar 2015
B. 31st Mar 2015
C. 1st April 2015
D. 30th April 2015

ANSWER: C. 1st April 2015

The government will unveil the new Foreign Trade Policy on first of April. The policy is aimed at giving
fillip to exports with an objective to drive economic growth and create more employment opportunities. The
foreign trade policy, which is usually announced in April, provides guidelines for enhancing exports with
the overall objective of pushing economic growth and generating employment.
292)

Who has been crowned FBB Femina Miss India World 2015 at a ceremony held at Yashraj Studios?
A. Aafreen Rachel Vaz
B. Vartika Singh
C. Aditi Arya
D. Koyal Rana

ANSWER: C. Aditi Arya.

Aditi Arya was declared FBB Femina Miss India World 2015 while Aafreen Rachel Vaz walked away with
the fbbFemina Miss India 2015 first runner-up crown and Vartika Singh was fbbFemina Miss India 2015
second runner-up.
293)

In which country a German airliner A-320 crashed near a ski resort on 24th Mar15?

A. Germany
B. France
C. London
D. Yemen
ANSWER: B. France
The Airbus A-320 belonging to German Wings, an affiliate of German airline Lufthansa, was travelling
from the Spanish coastal city of Barcelona to the German city of Duesseldorf when it went down.
294) How many mega food parks have been approved by the government for food processing across the
country?
A.12
B. 10
C. 8
D.17
ANSWER: D.17.
Out of 17 Mega Food Parks, 7 parks have been allotted to state agencies whereas 10 to private players in 11
states, envisaging an investment of over 6,000 crore rupees.
295) Which banks ex-employee would be offered cash reward by Indian Government for providing
information on black money?
A. Swiss Bank
B. Royal Bank of Scotland
C. HSBC
D. Federal Bank
ANSWER: C. HSBC.
As per rules, up to 30 per cent of the tax amount realized could be offered to whistleblowerswho provide
specific information on illegal funds. Government has offered a cash reward to a former HSBC bank
employee turned whistleblower in exchange for any fresh information about its citizens holding illegal
accounts in various tax haven countries, including in Swiss banks, as it looks to combat black money and
unearth funds stashed away abroad.
296) As per the announcement made by PM Narendra Modi on 23rd Mar15, the government has prepared
a pension scheme for farmers who are above ___ years of age.
A. 60
B. 75
C. 58

D. 50
ANSWER: A. 60
The farmers can avail of its benefit and may get five thousand rupees pension every month.
297) Name the Bollywood legendary actor who has been conferred with Dada SahebPhalke Award for the
year 2014?
A. ShammiKapoor
B. ShashiKapoor
C. Amitabh Bachchan
D. Devanand
ANSWER: B. ShashiKapoor.
He is the 46th Dada SahebPhalke Award Winner. In 2011, Mr ShashiKapoor was honoured with Padma
Bhushan. He is also a recipient of 3 National Film Awards. His cinematic journey as a lead actor started in
1961 with the movie Dharmputra and acted in more than 100 Hindi films.
298) Which country has begun seven days of national mourning following the death of its founding father
Lee Kuan Yew?
A. China
B. Japan
C. Singapore
D. North Korea
ANSWER: C. Singapore.
Lee Kuan Yew served as the city-state's prime minister for 31 years. He was 91-year old led Singapore's
transformation from a small port city to one of the wealthiest nations in the world.
299) Amitabh Bachchan has been appointed as the brand ambassador by Union Government in a
campaign to fight __________?
A. HIV/AIDS
B. SwineFlu
C. Birdflu
D. Hepatitis B
ANSWER: D. Hepatitis B.
He was appointed as the brand ambassador for Indias fight against Hepatitis B after his successful stint as
UNICEFs goodwill brand ambassador of pulse polio campaign in India.
300) Who has been conferred with the prestigious Stockholm Water Prize this year - for his innovative
water restoration efforts and courage to empower communities in Indian villages?

A. MedhaPatkar
B. Vandana Sharma
C. Rajesh Kumar
D. Rajendra Singh
ANSWER: D. Rajendra Singh.
He is a well-known water conservationist from Alwar district, Rajasthan in India and known as Waterman of India.
The judges of the Stockholm Water Prize say his methods have also prevented floods, restored soil and rivers, and
brought back wildlife. Stockholm Water Prize is commonly known as Nobel Prize for Water.

301) How many Central Public Sector Enterprises (CPSEs) have been decided to be closed down by the
Union Cabinet?
A. 10
B. 9
C. 8
D. 7
ANSWER: D. 7.
The Seven CPSEs are HMT Bearings, HMT Watches, HMT Chinnar Watches, Tungabhadra Steel Products,
Hindustan Photo Films Manufacturing Co., Hindustan Cables and Spices Trading Corporation Ltd.A
national level function is being organised at the National Martyrs Memorial at Hussainiwala in Ferozepur
district of Punjab. It was on this day in 1931, Bhagat Singh, Rajguru and Sukhdev was hanged in Lahore
central jail and were cremated on the banks of the river Satluj at Hussainiwala where the memorial exists.
302)

Name the Indian-American Scientist who will head the Royal Society of Britain?

A. T.E.S. Raghavan
B. Ramesh Agarwal
C. Chandrasekhar Khare
D. VenkatramanRamakrishnan
ANSWER: D. VenkatramanRamakrishnan.
Indian-American scientist VenkatramanRamakrishnan, whose pioneering work in molecular biology won
him the 2009 Nobel Prize in Chemistry, will head Britain's prestigious Royal Society, a communion of the
many of the world's most distinguished scientists.
303) As per the announcement made by the government on 19th Mar15, which country has agreed to
provide a concessional loan of 1 billion Euro over the next six years to augment and strengthen
renewable power transmission infrastructure?
a) Australia
b) Japan
c) Germany
d) Canada

ANSWER: C. Germany.
The government said that Kreditanstalt fur Wiederaufbau (KfW) Germany has agreed to provide a
concessional loan of 1 billion Euro.
304)

Grasim recently launched its subsidiary Birla Celluloses first fabric brand named as?

a) Diva
b) Hare
c) Liva
d) Mod
Answer (c)
305)

Who has been roped in as an investor and adviser recently by Team indus?
a. D. Subbarao
b. NandanNilekani
c. Raghuram Rajan
d. None of these

Answer (b)
306)

Who is the Brand Ambassador of the newly launched fabric brand by Grasim?

a) KanganaRanaut
b) Priyanka Chopra
c) Aishwarya Rai Bachchan
d) Kareenakapoor
Answer (a)
307)

Which company recently launched a 3G service of its own in New Delhi?

a) Airtel
b) Idea
c) Aircel
d) Vodafone

Answer (b)
308) Facebook recently launched which service wherein users will see a feed of everything they posted on
a given date in the past years?
a) On This Day
b) Everyday
c) Today

d) Save the Day

Answer (a)
309)

German wings the airline which had a crash unfortunately was owned by?

a) Vistara
b) Lufthanasa
c) Emirates
d) None of these
Answer (b)
310) To which country Swiss authorities are handing more than 120 million US dollar that was frozen as
part of corruption probes involving state-run oil company Petrobras?
A. Brazil
B. China
C. India
D. South Africa
ANSWER: A. Brazil.
Brazilian prosecutors say a kickback scheme at Petrobras is the country's biggest graft case yet, with at least
800 million dollar paid by construction and engineering firms in bribes to politically appointed former
executives at the oil company, all in exchange for winning inflated contracts.
311)

Who has been appointed as the MD of Renault Nissan Automotive India recently?

a) D.W. Steyn
b) R.J. Harris
c) Colin Macdonald
d) M.G. Johnson
Answer (c)
312)

Which company was banned from manufacturing, marketing or selling its anti-diabetes drugs Zita?

a) Pfizer
b) Glenmark Pharmaceuticals
c) Glaxosmithkline
d) None of these
Answer (b)
313)

Who is a co-founder of HTC Corporations?

a) Cher Wang
b) Peter Chou
c) Cho Hang
d) None of these
Answer (a)
314)

Which company launched a mobile application Chillr?

a) HDFC Bank
b) ICICI Bank
c) Axis Bank
d) None of these

Answer (a)

315)

Which bank launched first MUDRA card under Pradhan Mantri MUDRA Yojana?
a) Corporation Bank
b) Bank of Maharashtra
c) SBI
d) HDFC

Answer (a)
316)

Which telecom company has recently announced free national roaming from June 15?
a) AIRTEL
b) IDEA
c) BSNL
d) RELIANCE

Answer (C)
317) The Union Ministry of Women and Child Development (MWCD) in collaboration with Facebook
has launched the _________ that aims to recognize and acknowledge women who are making a
difference in their communities, across the country.
a) #50Women Initiative
b) #100Women Initiative
c) #1000Women Initiative
d) #10000Women Initiative
Answer (B)
318)
a)
b)
c)
d)

RBI signed Special Currency Swap Agreement with the _______.

Central Bank of Afghanistan
Central Bank of Sri Lanka
Bangladesh Bank
Central Bank of Bahrain

Answer (B)
319)

The new KVP promises to double the invested money in _______ months?
a) 90
b) 100
c) 110
d) 120

Answer : (b)
320)

A loan to pay for a home, business or other real estate over a period of time is a _______ ?
a) Credit
b) Deposit
c) Mortgage
d) Bankruptcy

Answer (C)
321)

Finance Commission is constituted?

a) Once in 2 years
b) Once in 3 years
c) Once in 4 years
d) Once in 5 years

Answer (D)
322) An _________ is a temporary pass through account held by a third party during the process of a
transaction between two parties.
a) Company Account
b) Current Account
c) Escrow Account
d) Nominal Account
Answer (C)
323) A right to keep possession of property belonging to another person until a debt owed by that person
is discharged is called as ________?
a) Lien
b) Mortgage
c) Pledge
d) Baile
Answer (A)
324) Government approved setting up of six new __________ at Vishakhapatnam (Andhra Pradesh),
Bodh Gaya (Bihar), Sirmaur (Himachal Pradesh), Nagpur (Maharashtra), Sambalpur (Odisha) and
Amritsar (Punjab). These will commence academic sessions from 2015 - 16 with each having intake of
140 students?
a)
Indian Institutes of Technology
b)
National Institutes of Technology
c)
Indian Institutes of Information Technology
d)
Indian Institutes of Management

Answer (d)
325) Indian Medical Associations (IMA) first - ever Jan Aushadhi Generic Drug (JAGD) Store
inaugurated in __________. ?
a)
New Delhi
b)
Jaipur
c)
Ahmedabad
d)
Bangalore
Answer (b)
326) As per Internet and Mobile Association of India (IAMAI) Social Media in India report 2014, There
are 14.3 crore social media users in India as on April 2015 and ______ is leading social media platform ?
e)
Google Plus
f)
Twitter
g)
Linkedin
h)
Facebook
Answer (d )
327) Minister for Micro, Small and Medium Enterprises, Kalraj Mishra launched a digital Employment
Exchange for Industries (EEX) portal at ______________ to connect employers and job seekers and will
help in linking Make in India initiative with Skilled India one. ?
a)
eex.dcmsme.gov.in
b)
eex.dcmsme.nic.in
c)
eex.dcmsme.org.in
d)
eex.dcmsme.co.in
Answer: (a)
328) NHAI (National Highways Authority of India) to build 5000 km of road networks and link border
and coastal areas along the border under ______ ?
i)
Bharat Sanrakshan project
j)
Bharat Ekta project
k)
Bharat Connect project
l)
Bharat Mala project
Answer: (d)
329) . _______ topped list of states in commissioning grid connected solar power projects with installed
capacity of 1147 megawatt. Gujarat came second with installed capacity of 1000MW. ?
m)
Maharashtra
n)
Rajasthan
o)
Uttar Pradesh
p)
Madhya Pradesh
Answer: (b)
330) Who is the recipient of the 2015 Heinz Award for Technology, the Economy, and Employment?
a)
Sangeeta Bhatia
b)
Vinodh Mehta

c)
d)

Arvind Mishra
SubhashGhani

Answer: (b)
331)

The Modified Special Incentive Package Scheme (M-SIPS) was launched to promote which sector?
q)
Automobiles
r)
Textile
s)
Electronics
t)
Ship Building

Answer: (c)
332) The ONE Campaign is a non profit organisation that fights extreme poverty particularly in which
region?
a) Asia
b) South America
c) Africa
d) Europe
Answer: (c)
333)
a)
b)
c)
d)

Which country providing technology to develop coastal road project in Maharashtra?

Netherland
Japan
China
Australia

Answer: (a)
334)

Which country has registered top source of foreign direct investment (FDI) into India in 2014-15?
a) Singapore
b) Mauritius
c) Japan
d) Netherland

Answer: (b)
335)

Which of the following is prestige product of a bank?

a) International debit and credit card
b) Credit card
c) ATM card
d) All of the above

Answer: (d)
336)

Which is the maturity product of a bank?

a) Fixed term deposit
b) senior citizen deposit scheme
c) House loan
d) All of the above

Answer: (d)

337) If all the banks in an economy are nationalized and converted into a monopoly bank, the total
deposits
a) Will decrease
b) Will increase
c) Will neither increase nor decrease
d) None of the above
Answer (c)
338)

India changed over to the decimal system of coinage in

a) April 1995
b) April 1957
c) April 1958
d) April 1959

Answer (b)
339)

The association of the rupee with pound sterling as the intervention currency was broken in
a) 1990
b) 1991
c) 1992
d) 1993

Answer (c)
340)

For which of the following disciplines is Nobel Prize awarded?

a) Physics and Chemistry
b) Physiology or Medicine
c) Literature, Peace and Economics
d) All of the above

Answer: Option D
341) Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered
by him, is known as
a) Letter of Credit (L/C)
b) laissezfaire
c) inflation
d) None of the above
Answer: Option A
342) _____ tied-up with UAE Exchange to offer instant money transfer facility to its Non-resident Indian
(NRI) customers to allow them to send money to India quickly ?
a) Bank of Baroda
b) Bank of India
c) Bank of Maharashtra
d) Central Bank of India
Answer (a)
343) National Payments Corporation (NPCI) has linked 15 crore bank accounts with Aadhaar numbers.
Target is to link bank accounts of 17 crore DBT (_____) beneficiaries with Aadhaar by 30 June 2015 ?

a)
b)
c)
d)

Direct Benefit Transfer

Direct Biogas Transfer
Direct Biofuel Transfer
Direct Benefit Transformation

Answer (a)
344) Confederation of Indian Industry (CII) signed a Memorandum of Understanding (MoU) with the
EBRD (________) to deepen partnership between Indian companies and the bank in those countries
where the bank has operations?
a) European Bank for Reconstruction and Deployment
b) European Bank for Reconstruction and Development
c) European Bank for Restructuring and Development
d) European Bank for Restructuring and Deployment
Answer (b)
345) Insurance Australia Group Ltd (IAG) announced to raise its stake in SBI General Insurance from 26
to _____ % ?
a) 50 %
b) 55 %
c) 49%
d) 65 %
Answer (c)

346)

Who has been reappointed as MD and CEO of Axis Bank for a third three-year on 21 Jan 2015?
A. Shikha Sharma
B. Pooja Sharma
C. Bhawna Sharma
D. Anushka Sharma

Answer (a)

347)

Which country has the highest number of internet users today?

(A) China
(B) USA
(C) India
(D) Japan

Answer (a)

348) LokSabha passed Insurance Laws (Amendment) Bill, 2015 that will replace Insurance Laws
(Amendment) Ordinance, 2014 and will hike Foreign Direct Investment (FDI) cap in the insurance
sector from 26 % to _____ ?
a) 30 %
b) 35 %
c) 40 %
d) 49 %
Answer (d)
349)

Google recently launched its own online encyclopedia. What is the name of this project?

(A) Wikipedia
(B) Knol
(C) Encyclopedia
(D) None of these
Answer (b)
350)

What is Space Ship Two?

(A) World's first civilian passenger spacecraft
(B) NASAs lunar explorer
(C) ESA's craft to study Mars
(D) None of these

Answer (a)
351) Ministry Science & Technology and Earth Sciences launched BIRAC Ace Fund aimed at
accelerating growth of entrepreneurs in Biotechnology. It will be operated by BIRAC (__________) ?
a) Biotechnology Inclusion Research Assistance Council
b) Biotechnology Industry Research Assistance Committee
c) Biotechnology Industry Research Assistance Council
d) Biotechnology Industry Research Assistance Corporation
Answer (c)
352)

Sir Richard Branson was in news recently. Who is he?

(A) Founder of Virgin group of companies
(B) Winner of the Nobel Prize for Physics
(C) Winner of the Booker Prize
(D) None of these

Answer (a)

353) According to the worldwide Corruption Perceptions Index, which country is the least corrupt in the
world?
(A) USA
(B) Finland
(C) Myanmar
(D) Denmark
Answer (d)
354) India recently made aviation history by sealing a $51 million deal with which country for the sale of
seven Dhruv advanced light helicopters.
(A) Egypt
(B) Israel
(C) Ecuador
(D) Vietnam
Answer (c)
355)

Dumping is
a) selling of goods abroad at a price well below the production cost at the home market price
b) the process by which the supply of a manufacture's product remains low in the domestic market,
which batches him better price
c) prohibited by regulations of GATT
d) All of the above

Answer: Option D
356)

The ozone layer restricts

a) Visible light
b) Infrared radiation
c) X-rays and gamma rays
d) Ultraviolet radiation

Answer: Option D
357)

Escape velocity of a rocket fired from the earth towards the moon is a velocity to get rid of the
a) Earth's gravitational pull
b) Moon's gravitational pull
c) Centripetal force due to the earth's rotation
d) Pressure of the atmosphere

Answer: Option A
358)

GATT (General Agreement on Tariffs and Trade) is

a) international agreement signed in 1947 between non-communist nations with the object of
encouraging international trade unobstructed by tariff barriers

b) agreement which seeks to achieve its aim by arranging and encouraging bargaining with trade
concessions between members
c) Both option A and B
d) None of the above
Answer: Option C
359) Olympic emblem is composed of five intertwined rings, each of a different colour, representing the
five continents of the world as
a) Blue ring - Europe; Yellow ring - Asia; Black ring - Africa; Red ring- America; Green ring Oceania
b) Blue ring - Asia; Yellow ring - Europe; Black ring - Oceania; Red ring- Africa; Green ring America
c) Blue ring - Europe; Yellow ring - Asia; Black ring - Africa; Red ring- Oceania; Green ring America
d) Blue ring - Asia; Yellow ring - Europe; Black ring - Africa; Red ring- America; Green ring
Oceania
Answer: Option A
360)

Neil Armstrong and Edwin Aldrin were the first to

a) step on the moon
b) circle the moon
c) walk in space
d) journey into space

Answer: Option A
361)

Light Year is related to

a) energy
b) speed
c) distance
d) intensity

Answer: Option C
362) Of the various non-conventional energy sources that are being tapped, which has the largest
potential?
a) Water power
b) Wind power
c) Solar power
d) Biomass power
Answer: Option C
363)

Satellite launching station is located at

a) Sriharikotta (Andhra Pradesh)
b) Solapur (Maharashtra)
c) Salem (Tamilnadu)
d) Warangal (Andhra Pradesh)

Answer: Option A

364) Minister of State for External Affairs V K Singh inaugurated first co-operation Yoga College at
Yunnan Minzu University in Kunming, ______?
a) Japan
b) China
c) Vietnam
d) Myammar
Answer (b)
365)

Parliament of _______ (Diet) passed a bill to lower the voting age from 20 to 18 Years. ?
a) China
b) Columbia
c) Cambodia
d) Japan

Answer (d)
366)

China signed Free Trade Agreement (FTA) with Which east asiancountry ?
a) North Korea
b) Japan
c) Mongolia
d) South Korea

Ansr (d)
367) As per US-based World Justice Project (WJP) 5th Rule of Law Index 2015, Denmark is best and
Venezuela is worst in terms of infulence of rules of law while India is at _____ place ?
a) 69th
b) 79th
c) 59th
d) 49th
Answer (C)
368)
a)
b)
c)
d)

USA removed _______ from terror blacklist to strengthen bi-lateral ties?

Iran
Iraq
Syria
Cuba

Answer (d)
369) As per United Nations High Commissioner for Refugees (UNHCR) report Global Trends: World at
War Report, Forcibly displaced people in 2014 risen to 5.9 Crore as compared to 5.1 Crores in 2013.
_________ is biggest producer of internally displaced people and refugees ?
a) Libya
b) Nigeria
c) Iraq
d) Syria
Answer (d)
370)

__________ Supreme Court legalized same-sex marriage across the nation. ?

a)
b)
c)
d)

USA
UK
France
Canada

Answer (a)
371) As Per World Cellular Information Service (WCIS) Data, _______is top mobile operator in the
world with 62.6 Crores subscribers. Vodafone Group of UK is second with 40. 3 Crore users. Bharti
Airtel of India is 3rd largest with 30.3 CroreUsers ?
a) China Unicom
b) America Movil
c) Axiata
d) China Mobile
Answer (d)
372) India's first indigenously built 40,000 tonne aircraft carrier _______ undocked at Cochin Shipyard in
Cochin (Kerala) to undergo several trial processes before induction in Indian Navy in 2018. ?
a) INS Vikramaditya
b) INS Sindhurakshak
c) INS Vikrant
d) INS Sindhusamrat
Answer (c)
373) Special Forces of Indian Army and Air Force carried out cross-border operation inside _________ to
target militant groups after These after militant groups killed 18 jawans of 6 Dogra Regiment of Indian
Army in Chandel (Manipur) ?
a) Bangladesh
b) Myanmar
c) Nepal
d) Vietnam
Answer (b)
374) Government approved Housing for All Mission aimed at providing housing facilities to all eligible
people in urban areas by ________ ?
a) 2025
b) 2019
c) 2022
d) 2024
Answer (c)
375) PM Narendra Modi launched three major urban development initiatives - AMRUT (Atal Mission for
Rejuvenation and Urban Transformation), Smart Cities Mission and Housing for All (Urban).
Investment of about ___________ is to be made in these Missions over next 5 Years ?
a) 30 Lakh Crores
b) 6 Lakh Crores
c) 10 Lakh Crores
d) 3 Lakh Crores

Answer (d)
376) ISRO announced to provide navigational support to Indian Railways through its GAGAN
(__________) system ?
a) GPS Aided Geo Augmented Navigation
b) GPS Aided Geo Autorated Navigation
c) GPS Aided Geo Automated Navigation
d) GPS Augmented Geo Automated Navigation
Answer (a)
377) _______unveiled world's first facial recognition ATM that will allow withdrawal of cash after
matching face ?
a) Japan
b) China
c) Russia
d) India
Answer (b)
378) One of the reasons for India's occupational structure remaining more or less the same over the years
has been that
a) Investment pattern has been directed towards capital intensive industries
b) Productivity in agriculture has been high enough to induce people to stay with agriculture
c) Ceiling on land holdings have enabled more people to own land and hence their preference to
stay with agriculture
d) People are largely unaware of the significance of transition from agriculture to industry for
economic development
Answer (a)
379)

Gross domestic capital formation is defined as

a) Flow of expenditure devoted to increased or maintaining of the capital stock
b) Expenditure incurred on physical assets only
c) Production exceeding demand
d) Net addition to stock after depreciation

Answer (d)
380)

On July 12, 1982, the ARDC was merged into

a) RBI
b) NABARD
c) EXIM Bank
d) None of the above

Answer (b)
381)

Which of the following is the most appropriate cause of exports surplus?

a) Country's exports promotion value
b) Country's stringent import policy
c) Developments in national and international markets
d) None of the above

Answer (c)
382) What is the total number of annual plans that have been instituted in between the Five year plans in
India?
a) 6
b) 4
c) 3
d) 5
Answer (b)
383)

Under which five year plan, did the agriculture of India register a negative growth?
a) Third Plan
b) Fifth Plan
c) Second Plan
d) None of these

Answer (a)
384) The TAMP is a body which regulates the ceiling for tariffs charged by major ports / ports operators.
What is the full form of TAMP?
a) Tariff Authority for Major Ports
b) Tariff Agency for Minor Ports
c) Tariff Agency for Major ports
d) None of these
Answer (a)
385)

Dr. RK Hazari Committee was related to which of the following segments?

a) Industrial Licensing
b) Foreign Direct Investment
c) Planned Development
d) None of these

Answer (a)
386) On the basis of recommendations of RaghavanCommittee , the Government of India has enacted The
Competition Act in year ?
a) 2002
b) 2003
c) 2004
d) 2001
Answer (b)
387) To facilitate the promotion & development of Micro, small and medium enterprises and
enhancement of their competition, The Govt. of India has enacted the Micro, Small and medium
Enterprises Development (MSED) Act in which year?
a) 2004
b) 2005
c) 2006
d) 2007

Answer (c)
388)

a)
b)
c)
d)

Consider the following statements:

1. Bulk of employment in India is in rural areas.
2. The disguised unemployment in agricultural sector is perennial.
3. Industrialization has rendered several people jobless in India.
4. Which of the statement(s) given above is/are correct?
1 and 2
1 and 3
2 and 3
1, 2 and 3

Answer (A)
389)

Which is not one of the salient features of Annapurna Scheme?

a) It was launched by the Ministry of Consumer Affairs, Food and Public Distribution in 20002001.
b) The beneficiaries of the Scheme are indigent senior citizens of 65 years of age or above.
c) 10 kg of food grains per month are supplied free of cost to the target group.
d) From 2002-2003, the scheme has been transferred to State Plan along with the National Social
Assistance Programme.

Answer (A)
390) Public Distribution System (PDS) means distribution of essential commodities to a large number of
people through a network of Fair Price Shops on a recurring basis. The Commodities distributed under
PDS are:
1. Wheat
2. Rice
3. Sugar
4. Pulses
5. Kerosene
Select the correct option:
a)
b)
c)
d)

1 ,2 and 4
1, 2, 3 and 4
1, 2, 3 and 5
All of the above

Answer (C)
391)

The Laffer curve is the graphical representation of :

a) The relationship between tax rates and absolute revenue these rates generate for the government.
b) The inverse relationship between the rate of unemployment and the rate of inflation in an
economy.
c) The inequality in income distribution.
d) The relationship between environmental quality and economic development.

Answer (A)

392) The government has powers under the Essential Commodities Act, 1955 (EC Act) to declare a
commodity as an essential commodity to ensure its availability to people at fair price. The Commodities
covered under the Act include :
1.Paper
2.Hank Yarn
3.Fertilizers
4.Petroleum and Petroleum Products
5.Cotton and Jute seeds
a) 1, 2 and 3
b) 1, 3 and 4
c) 3, 4 and 5
d) 2, 3, 4 and 5
Answer (D)
393)

The Non-Votable charges or Charged Expenditure included in the Union Budget include :
1.Salary and Allowances of the Presiding Officers of the houses of Parliament.
2.Salary and Allowances of the Judges of the Supreme Court and High Courts.
3.Salary and Allowances of the CAG.
4.Pension of the retired Judges of the Supreme Court.
5.Pension of the retired Judges of High Courts.

Select the option(s) which is/are correct?

a)
b)
c)
d)

1 and 2
1, 2 and 3
1, 2, 3 and 4
All of them

Answer (D)
394) In context of the present ceiling on investment for categorization of various enterprises as Micro,
Small and Medium Manufacturing Enterprises (MSMEs), which of the following statements are correct :
1. A micro enterprise is an enterprise where the investment in equipment does not exceed Rs.25
lakh.
2. A small enterprise is an enterprise where the investment in equipment is more than Rs.25
lakh but does not exceed Rs.5 crore.
3. A medium enterprise is an enterprise where the investment in equipment is more than Rs.5
crore but does not exceed Rs.10 crore.
a) Only 1
b) Only 2
c) Only 3
d) All of them
Answer (D)
395)

Consider the following statements:

1. The Direct Taxes Code proposes a Corporate rate tax of 30% as against the current effective rate
of 33.2%
2. The Direct Taxes Code incorporates taxation mechanisms to deal with the international issue of
Transfer Pricing.

Which of the above statement(s) is/are correct?

a)
b)
c)
d)

Only 1
Only 2
Both 1 and 2
Neither 1 nor 2

Answer (C)
396) Which of the following are among the taxes levied exclusively by the Central Government and are
mentioned in the Union List of the Seventh Schedule of the Constitution of India?
1.Corporation Tax
2.Taxes on advertisement in the newspapers
3.Taxes on Agricultural income
4.Taxes on consumption/sale of electricity
a) Only 2
b) Only 4
c) 1 and 2
d) 3 and 4
Answer (C)
397)

Who has been appointed as President of International Cricket Council (ICC)?

a) Zaheer Abbas
b) Mustafa Kamal
c) Austin Garden
d) John Shreff

Answer (a)
398)

The Groningen gas field, which is largest natural gas field in Europe, is in which country?
a) Brazil
b) Netherland
c) France
d) Germany

Answer (B)
399)

What is the percentage of earth surface that is being covered by India?

a) 2.4%
b) 3.4%
c) 4.4%
d) 5.4%

Answer (A)
400)

Which is the state that is having the largest area of forest?

a) Arunachal Pradesh
b) Haryana
c) Madhya Pradesh
d) Assam

Answer(C)

401) There is a change in the base year pushed up the economic growth rate for 2013-14 to 6.9%. The
base year for computing national accounts has been revised from 2004-05 to________.
a) 2009-10
b) 2008-09
c) 2006-07
d) 2011-12
Answer (d)
402) Which financial institution, established in 1978, which insures all bank deposits, such as savings,
fixed, current, and recurring deposits for up to a certain limit?
a) GIC
b) DICGC
c) LIC
d) BCSBI
Answer (b)
403) According to Reverse Bank of India, the bad loans of nationalized banks has increased. It also means
____________?
a) NPAs of the banks have increased.
b) The loan portfolio of these banks shrinked in this period
c) Banks lent much in this period.
d) Banks have not earned good profit during the period.
Answer (a)
404)

Nobel laureate Gnter Grass who died recently, was a famous novelist from ___?
a) Germany
b) Spain
c) France
d) Brazil

Answer (a)
405)

Which country receives maximum inward remittances?

a) China
b) India
c) USA
d) Russia

Answer (b)
406)

Which body publishes the Global Networked Readiness Index?

a) International Telegraph Union
b) World Economic Forum
c) Information Technology Group
d) World Trade Organisation

Answer (b)

407) A team led by Indian-American ________ from University of Central Florida (UCF) has developed
worlds first fullcolour, flexible thinfilm reflective display. It can help you change your dress colour in
the blink of an eye ?
a) DebashisChanda
b) Narayan Murthy
c) Vivek Murthy
d) Naveen Jindal
Answer (a)
408) _________ from Chennai became first 100 % visually-challenged person to be inducted into the
Indian Foreign Service. ?
a) Bachendri Pal
b) BenoZephine
c) Mariyan Asif Siddiqui
d) DipikaPallikal
Answer (b)
409)

Dick Costolo resigned as Chief Executive Officer (CEO) of Social Network ______ ?
a) Twitter
b) Facebook
c) Google Plus
d) Linkedin

Answer (a)
410) External Affairs Minister SushmaSwaraj Visited Nepal for Participating in International Conference
on Nepals Reconstruction after two earthquakes. India Pledged ____ to help nepal rebuild itself up
again ?
a) 3 Billion USD
b) 2 Billion USD
c) 4 Billion USD
d) 1 Billion USD
Answer (d)
411) Prime Minister Narendra Modi recently Visited which South Asian country and finalized a Long
time pending land boundary agreement with the country ?
a) Pakistan
b) China
c) Bangladesh
d) Sri Lanka
Answer (c)
412) Who has topped Wealth-X report of top 25 richest self-made billionaires with his 86 Billion USD
Worth ?
a) Lawrence Ellison
b) Amancio Ortega
c) Warren Buffett
d) Bill Gates

Answer (d)
413) President of USA ______ entered Guinness Book of World Record of reaching one million followers
in 5 hours after joining Social Media Platform Twitter with @POTUS account. ?
a) Barack Obama
b) Vladimir Putin
c) XI Jinping
d) Jim Yiongkim
Answer (a)
414)

Governement released commemorative coin on 100th anniversary of _______ ?

a) Swami Vivekananda
b) NetajiSubhash Chandra Bose
c) M K Gandhi
d) Swami Chinmayananda

Answer (d)
415) CCEA (______________) approved 5 % disinvestment in National Thermal Power Corporation
Limited (NTPC) and 10 % disinvestment in Indian Oil Corporation (IOC) ?
a) Cabinet Committee on Ecological Affairs
b) Cabinet Committee on Economic Affairs
c) Cabinet Council on Economic Affairs
d) Combined Committee on Economic Affairs
Answer (b)

416) Cabinet Committee on Economic Affairs (CCEA) allowed NHAI (______) to intervene in delaying
projects to help starved ventures move towards completion ?
a) National Highways Authority of India
b) National Highways Agency of India
c) National Highways Attorney of India
d) Neutral Highways Authority of India
Answer (a)
417) As per recent national income data released by Central Statistics Office (CSO), Indian Economy with
Current 125.4 lakh crore rupees Income has surpassed the 2 Trillion USD Mark to become ___________
Largest economy in the world in terms of GDP ?
a) 3rd
b) 4th
c) 10th
d) 8th
Answer (c)
418) _________'s Industrial Development Corporation signed an agreement with SIDBI Venture Capital
to provide easy finance to micro, small and medium enterprises (MSMEs). Size of Funds is 200
crorerupees ?
a) Uttar Pradesh

b) Maharashtra
c) Goa
d) Mizoram
Answer (b)
419)

Microsoft will open Indias first Digital Experience Centre in __________ . ?

a) Uttar Pradesh
b) Maharashtra
c) Goa
d) Gujarat

Answer (d)
420) National Commodity & Derivatives Exchange Limited (NCDEX) launched ________ platform for
forward trading in gold. ?
a) Gold Now
b) Gold Plus
c) Gold New
d) Gold Forever
Answer (a)
421)

Online retailer ____________ acquired Bengaluru-basedstartup firm Native5 Software Solutions . ?

a) Snapdeal
b) Myntra.com
c) Amazon
d) Jabong

Answer (b)
422) ____________ has been designated as insurance partner of the Ministry of Youth Affairs and Sports
under its Target Olympic Podium (TOP) scheme?
a) United India Insurance
b) LIC
c) GIC
d) Oriental Insurance Company
Answer (d)
423)

The central banking functions in India are performed by the

I.
Central Bank of India
II.
Reserve Bank of India
III.
State Bank of India
IV.
Punjab National Bank
a) I, II, IV
b) II
c) I, IV
d) II, III

Answer: Option (B)

424)

Development expenditure of the Central government does not include

a)
b)
c)
d)

defence expenditure
expenditure on economic services
expenditure on social and community services
grant to states

Answer: Option (a)

425)

Gilt-edged market means

a) bullion market
b) market of government securities
c) market of guns
d) market of pure metals

Answer: Option B
426) In the last one decade, which one among the following sectors has attracted the highest foreign direct
investment inflows into India?

a)
b)
c)
d)

Chemicals other than fertilizers

Services sector
Food processing
Telecommunication

Answer: Option D

427)
a)
b)
c)

Devaluation of a currency means

reduction in the value of a currency vis-a-vis major internationally traded currencies
permitting the currency to seek its worth in the international market
fixing the value of the currency in conjunction with the movement in the value of a basket of predetermined currencies
d) fixing the value of currency in multilateral consultation with the IMF, the World Bank and major
trading partners

Answer: Option A
428) Since independence, both development and non-development expenditures have increased; the
increase in the former being a little more than in the other. Non-development expenditure involves
I.
interest payments
II.
subsidies
III.
defence
IV.
irrigation
a) I, II
b) I
c) I, II, III
d) II, III, IV
Answer: Option C
429)

Depreciation means

a)
b)
c)
d)

closure of a plant due to lock out

closure of a plant due to labour trouble
loss of equipment over time due to wear and tear
destruction of a plant in a fire accident

Answer: Option C
430) One of the reasons for India's occupational structure remaining more or less the same over the years
has been that
a) investment pattern has been directed towards capital intensive industries
b) productivity in agriculture has been high enough to induce people to stay with agriculture
c) ceiling on land holdings have enabled more people to own land and hence their preference to stay
with agriculture
d) people are largely unaware of the significance of transition from agriculture to industry for
economic development
Answer: Option A
431)

Excise duty is a tax levied on the

a)
b)
c)
d)

import of goods
export of goods
production of goods
sale of goods

Answer: Option C

432)

Which of the following is not viewed as a national debt?

a) Provident Fund
b) Life Insurance Policies
c) National Saving Certificate
d) Long-term Government Bonds

Answer: Option C
433)

Deficit financing means that the government borrows money from the
a) RBI
b) local bodies
c) big businessmen
d) IMF

Answer: Option A
434) If an economy is equilibrium at the point where plans to save and to invest are equal, then
government expenditure must be
a) zero
b) equal to government income
c) larger than government income
d) negative

Answer: Option B

435)

The current price index (base 1960) is nearly 330. This means that
a) all items cost 3-3 times more than what they did in 1960
b) the prices of certain selected items have gone up to 3-3 times
c) weighted means of prices of certain item has increased 3-3 times
d) gold price has gone up 3-3 times

Answer: Option C
436)

Devaluation of currency will be more beneficial if

a) prices of domestic goods remain constant
b) prices of exports remain constant
c) prices of imports remains constant
d) prices of exports rise proportionately

Answer: Option B

437)
a)
b)
c)
d)

What is the new updated feature of Twitter, launched on April 21, 2015?
DIRECT CALLING
DIRECT MESSAGE
DIRECT BLOCKING
DIRECT SHARING

Answer: (b)
438) Name the first Indian sportsperson who received Indias highest civilian award Bharat Ratna and
born on 24 April 1973?
a) MS DHONI
b) VIRAT KOHALI
c) SACHIN TENDULKAR
d) KAPIL DEV
Answer: (c)
439)

Which of the following country was the epicentre of earthquake witnessed on April 25, 2015?
a) INDIA
b) NEPAL
c) TIBET
d) BANGLADESH

Answer: (b)
440)

Who decided the dispute regarding of Presidents?

a) The Supreme Court
b) The Election Commission
c) The Parliament
d) Both Supreme court and High

Answer: (a)
441)

Main cause for agitations for separate states in India isa) Regionalism
b) Growing regional imbalances
c) Peoples political consciousness
d) Social inqualities

Answer: (b)

442) Fortune Magazine released list of 2015 roster of Worlds 50 Greatest Leaders. It ranked Apple CEO
Tim Cook at the top with Indian PM Narendra Modi at ____thPlace ?
a) 45th
b) 35th
c) 25th
d) 5th
Answer (d)
443) India signed Memorandum of Understanding with _____ on Cooperation in Traditional Systems of
Medicine and Homoeopathy to enhance cooperation in traditional medicines ?
a) Vanuatu
b) Vietnam
c) Mauritius
d) Myammar
Answer (c)
444) India and _____signed a memorandum of understanding (MoU) on cooperation in the textiles sector
on the occasion of _____' s minister of energy and industry KubanychbekTurdubaev visiting India. ?
a) Uzbekistan
b) Tajikistan
c) Pakistan
d) Kyrgyzstan
Answer (d)
445)

India to set up textile cluster in africa starting from ______ ?

a) Cuba
b) Ethiopia
c) Namibia
d) Kenya

Answer (b)
446) India voted in favour of a resolution drafted by _____ along with 42 Other Countries that proposed
removing benefits for samesex partners of United Nations staff ?
a) Russia
b) USA

c) UK
d) Spain
Answer (a)
447) IEA released data for carbon dioxide (CO2) emissions in 2014 and stated that emissions of CO2
from energy sector remained same in 2014 as they were in 2013?
a) International Energy Association
b) Integrated Energy Agency
c) Internal Energy Agency
d) International Energy Agency
Answer (d)
448) Japan and ____ signed a deal on military equipment and technology transfers for cooperation and
joint development in defence sector ?
a) Germany
b) France
c) Spain
d) USA
Answer (b)
449) As per Mercers Quality of Living Report 2015, Austrias capital _____ is the city with the best
quality of living in the world. ?
a) Perth
b) Manilla
c) Amsterdam
d) Vienna
Answer (d)
450) _____s government and 16 ethnic rebel groups signed nationwide ceasefire agreement to end 65
years of civil unrest and armed conflict in the country. ?
a) Myanmar
b) Vietnam
c) Pakistan
Answer (a)
451) ____ suspended work on construction of a controversial USD 1.5 billion Chinese port city project in
Colombo ?
a) Bangladesh
b) Sri Lanka
c) Vietnam
d) Myammar
Answer (b)
452) Sweden Based Stockholm International Peace Research Institute (SIPRI) released Trends in
International Arms Transfers 2014 report and stated that ____ is world's largest importer of weapons and
military equipment with 15 % of global imports ?
a) USA

b) France
c) Germany
d) India
Answer (d)

453) Times Higher Education released World Reputation Rankings 2015 and stated that _____has 12 of
100 most renowned higher education institutions in the world. ?
a) USA
b) United Kingdom
c) Germany
d) India
Answer (b)
454) Women's Advancement Index by MasterCard stated that ___ has lowest score of 44.2 of the 16 AsiaPacific countries?
a) Pakistan
b) India
c) Bangladesh
d) Sri Lanka
Answer (b)
455) World Justice Project (WJP) released Open Government Index 2015 of 102 countries and ranked
Sweden at the top with India at ____ Rank ?
a) 37th
b) 35th
c) 30th
d) 25th
Answer (a)
456) 29th India Carpet Expo and 30th Aahar International Fair 2014 were recently organized by ITPO
(Indian Trade Promotion Organization) in _____ ?
a) Jaipur
b) Indore
c) Gwalior
d) Delhi
Answer (d)