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This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
In which one of the following placeswas Asia's first Export Processing Zone(EPZ) set up ?1). Kandla 2).Cochin3). Surat 4). Santa Cruz |
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| 2. |
Chairman of 2nd ARC is1). Veerapa Moily2). Morarji Desai3). Pt Jawahar Lal Nehru4). Deepak Kapur |
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| 3. |
Which one of the following statementsabout the Finance Commission in Indiais not correct?1). The Commission comprises aChairman and four other members2). The Parliament is authorized todetermine by law the qualificationsof the members of the Commission3).All the appointments are made bythe President of India4). All the members have to be formIndian Economic Service or IndianStatistical Service |
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| 4. |
A new All India Service can be createdby1). A resolution of the Rajya Sabha2). An act of Parliament when RajyaSabha authorises by a resolution3).An order of the President4). A resolution of the UPSC |
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| 6. |
2nd ARC was established on1). 5 Jan 19662). 10 Jan 19693). 31 Aug 20054). 5 Jan 1986 |
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| 7. |
Following are the roles of agriculture inIndia1). Providing employment2).Contributing to national income3). Supporting industry4). All the above |
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| 8. |
1). I & II 2). I & III3).I, II & III 4). All the above |
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| 9. |
The importance of agriculture in IndianEconomy is indicated by its contributionto which of the following?1). National income and employment2). Industrial development andinternational trade3). Supply of foodgrains4).All of the above |
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| 10. |
Which Private sector bank partneredwith India's Largest Banker StateBank of India for their co-brandedcredit card for the Customers?1). Catholic Syrian Bank2).Rathankar Bank Limited3). Paytm4).South Indian Bank |
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| 11. |
1). 2 & 4 2).1 & 33). 1 & 2 4). 1, 2 & 4 |
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| 12. |
Though with an upward bias, amida sharper-than-anticipated upsurgein inflationary pressures due to fooditems and firming oil prices RBIretained January 2017 retail inflationtarget at how much percent ?(a)(b) (c)(d) 1). 2 Per cent2). 6 Per cent3). 7 Per cent4). 5 Per cent |
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| 13. |
What is the biggest challenge for thecommercial bill?1). Big business conglomerates2). Private banks3). Consumers4). Sellers |
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| 14. |
1). 1 only 2). 1 and 23).1 and 3 4). 2 and 4 |
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| 15. |
Which Financial Institution hasannounced a funding of ` 980 Croreto dredge the Brahmaputra as aninitiative to develop waterways toBangladesh and South East AsainCountries?1). BRICS Bank2). State Bank of India3). World Bank4). Reserve Bank of India |
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| 16. |
'Trade Gap' means :1). Gap between total imports and totalexports2). Gap between total GDP and totalconsumption3). Gap between available liquidity andexpected demand4).Gap between budgeted revenuecollection and actual collection ofthe same |
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| 17. |
1). 1 and 2 2). 2 and 33). 3 and 44). 1 and 4 |
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| 18. |
Which of the following statementdefines the 'Bank rate'?1). The rate at which commercialbanks lend money to customers2).The rate at which commercialbanks lend money to RBI3). The rate at which commercialbanks borrow money from RBi4).None of the given choices |
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| 19. |
1). 2, 3 and 42).1, 2 and 43). 1, 2 and 34). 1, 3 and 4 |
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| 20. |
1). 1 only 2). 2 and 43). 2 and 3 4).1 and 4 |
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| 21. |
Which of the following comes underIndia's foreign-exchange reserves ?1). Foreign-currency assets, SpecialDrawing Rights and loans fromforeign countries.2).Foreign-currency assets, goldholdings of the Reserve Bank ofIndia and loans from the WorldBank.3). Foreign-currency assets, goldholdings of the Reserve Bank ofIndia and SDRs4).Foreign-currency assets, loansfrom the World Bank and SDR |
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| 22. |
1).I & II 2). Only I3). Only III 4). All the above |
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| 23. |
Choose the correct sentence regardingthe trade policy.1). Mahalanobis strategy adoptedduring the First plan2). Export increased at an averagerate of 29% per annum in dollarterms between 1986 and 19903). A combination of factors such asbad policy, weak government andexternal factors led to the declineof this performance to nine percent in 1990-91 and 4 per cent inthe subsequent years.4).None of these |
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| 24. |
Which of the following card issuercompany has launched a premiumcredit card by the name ELITErecently?1). Axis Platinum card2). HDFC Cooperate credit card3). American Express Gold creditcard4). SBI Cards and Payment Services(SBI Card) |
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| 25. |
In which year will the Goods &Services Tax (GST) bill rollout?1). 2020 2). 20193). 2018 4). 2017 |
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| 26. |
Which among the following is the mostimportant bulk import of India?1). Non electrical machinery2). Electric Goods3). Petroleum4). Food Grains |
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| 27. |
Christine Lagarde is the head of whichamong the following internationalagencies / bodies?1).Asian Development Bank 2).Non-alignment Movement3).International Atomic EnergyAgency4).International Monetary Fund |
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| 28. |
Which among the following will bea debit entry in India's balance ofpayments?1).Imports of goods by India2).Income of Indian investmentsabroad.3).Receipts of transfer payments4). Exports of services by India |
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| 29. |
1). 1 and 2 only.2).2 and 3 only.3). 1 and 3 only.4). 1, 2 and 3 |
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| 30. |
From time to time, which amongthe following body publishes the"Exchange Control Manual" in contextwith the Foreign Exchange in India?1). Foreign Trade Promotion Board2). Department of Commerce3).Reserve Bank of India4). SEBI |
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| 31. |
Which company along with Microsoftand Sales force have officiallyadopted the EU-US Privacy Shieldframework?1). Yahoo 2). Infosys3). HDFC 4). Google |
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| 32. |
What is the full form of FIMMDA?1).Fixed Income Money Markets& Derivatives Association2). Foreign Income Money Markets& Derivatives Association3).Floating Income Money Markets& Derivatives Association4).Fixed Income Money Markets& Derivatives Affiliation |
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| 33. |
A great deal of Foreign DirectInvestment (FDI) to India comes fromMauritius than from many major andmature economies like UK and France.Why?1). India has preference for certaincountries as regards receiving FDI2).India has double taxation avoidanceagreement with Mauritius3).Most citizens of Mauritius haveethnic identity with India and sothey feel secure to invest in India4).Impending dangers of globalclimatic change prompt Mauritiusto make huge investments in India |
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| 34. |
1). 3 4 2 12).1 2 4 33). 3 2 4 14). 1 4 2 3 |
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| 35. |
What would be the effect on fiscalpolicy if the RBI tries to promoteeconomic stability?1). Decrease in taxes2). Increase in taxes3). Decrease in spending4).Decrease in borrowing |
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| 36. |
National Income is1). Net National Product – IndirectTaxes + Subsidies2). Gross National Product – Direct Taxes3). Gross Domestic Product – Imports4). Net Domestic Product + Products |
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| 37. |
At the present rate of growth ofpopulation, by which year is Indiaexpected to overtake China?1). 20222). 20153). 20204). 060 |
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| 38. |
CPI inflation seen around 4.5 to _____in 2016-171).5%2).6%3).7%4).6.5% |
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| 39. |
Which of the following countrieseconomy largely depends upon theMSME sector?1). China2). Russia3). India4). Brazil |
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| 40. |
When was Make In India launched inIndia by Modi Government?1). 26 September, 20142). 26 September, 20153). 25 September, 20144).25 September, 2015 |
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| 41. |
What is the full form of DIPP?1). Department of Industrial Policy andProgress2). Demand of Industrial Policy andPromotion3).Department of Industrial Progressand Promotion4). Department of Industrial Policy andPromotion |
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| 42. |
How many people have beenappointed by the Central governmentto the monetary policy committee(MPC)?1). 52). 43). 34). 8 |
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| 43. |
Which statement is correct relatedto Market Watchdog Securities andExchange Board of India (SEBI) haslined up wide-ranging relaxations toits norms for REITs and InvITs?1). Would allow up to 20 per centinvestment by such trusts inunder-construction projects2).to rationalise the requirementsunder the Related PartyTransactions, under whichapproval of 50 per cent unitholders apart from relatedparties3). 65 per cent unit holders, apartfrom related parties, for passingspecial resolutions4). None of these |
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| 44. |
1). 1 and 2 2).3 only3). 1 only 4). 1 and 3 |
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| 45. |
1). 1 and 4 2).3 and 43).3 only4). 1 and 3 |
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| 46. |
Prime Minister Narendra Modilaunched the government's flagshipSmart City mission in 20 citiesacross the country from which ofthe following place making a strongpitch to consider urbanisation as anopportunity to mitigate poverty?1). Patna2).Ranchi3). Kolkata 4).Pune |
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| 47. |
Which of the following is not one ofthe features of the Special EconomicZones (SEZ) being set up for promotingexports ?1).The SEZ area will be treatedas foreign territory for tradeoperations, duties and tariff.2).No licence is required for importinto the zone3).Foreign workers will be allowedfree entry without visa restrictions.4). There will be no routine examinationby customs authorities of import/export cargo. |
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| 48. |
Balance of payments of a countryincludes:1). Current account2).Moentary account3).Capital account4). All of above |
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| 49. |
1). I & II 2).Only I3). II & III4). Only III |
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| 50. |
Which is the role of the InternationalMonetary Fund (IMF)?1). to implement and advance globaltrade agreements2). To settle industrial and tradedisputes between members3). To help poorer countries with theireconomic development4).To maintain international financialstability in global financial markets |
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