DECEMBER 2014
Ques. : 1 Who among the following has been appointed as the
chief of Research & Analysis Wing (R&AW), the country’s
external intelligence wing?
1) Arvind Saxena
2) Rajinder Khanna
3) Hormis Tharakan
4) Vivek Srivastava
5) None of these
Answer:- 2) Rajinder Khanna
Ques. : 2 Thirty two years after the LCA project was sanctioned,
the IAF is set to get its first home-grown fighter plane in Mar
2015. Name the fighter.
1) Pinaka
2) Arjun
3) Arihant
4) Tejas
5) None of these
Answer:- 4) Tejas
Ques. : 3 India exported its first warship to Mauritius on 20 Dec.
What is the name of the warship?
1) CGS Barracuda
2) CGS Andaman
3) CGS Sumitra
4) CGS Centaur
5) None of these
Answer:- 1) CGS Barracuda
Ques. : 4 The govt has appointed who among the following as
head of CRPF, the world’s largest para-military force with over
three lakh personnel?
1) Anil Sinha
2) Dilip Trivedi
3) Rajinder Khanna
4) Prakash Mishra
5) None of these
Answer:- 4) Prakash Mishra
Ques. : 5 Which of the following two banks got clearance from
the Foreign Investment Promotion Board (FIPB) for their
respective foreign direct investment (FDI) proposals on 19 Dec?
1) HDFC Bank, RBL Bank
2) HDFC Bank, Federal Bank
3) HDFC Bank, Kotak Mahindra Bank
4) HDFC Bank, Yes Bank
5) None of these
Answer:- 1) HDFC Bank, RBL Bank
Ques. : 6 Banks can have up to 49 per cent foreign investment
without regulatory approval but require approval from which of
the following if they want to increase the foreign investment
limit to 74 per cent?
1) RBI
2) FIPB
3) SEBI
4) All the above
5) Only 1) and 2)
Answer:- 5) Only 1) and 2)
Ques. : 7 China has eased rules to provide market access for
foreign banks. Earlier, the parent foreign bank was required to
transfer what amount to its newly-established Chinese branch?
1) 50 million yuan
2) 100 million yuan
3) 200 million yuan
4) 500 million yuan
5) None of these
Answer:- 2) 100 million yuan
Ques. : 8 Which of the following is NOT correct with respect to
the proposed Goods and Services Tax (GST)?
1) It will replace most indirect taxes with one tax.
2) It would have a dual structure - a Central component levied
and collected by the Centre and a state component administered
by states.
3) At the Central level, it will subsume Central excise duty,
service tax and additional customs duties.
4) At the state level it will include value-added tax,
entertainment tax, luxury tax, lottery taxes and electricity duty.
5) Central sales tax (CST) will be left unaffected.
Answer:- 5) Central sales tax (CST) will be left unaffected.
Ques. : 9 The US, in its annual defence policy bill, has granted
what amount to Pakistan for the expenses made by its army in
support of the US military operations in war-torn Afghanistan?
1) USD 1 bn
2) USD 1.2 bn
3) USD 1.7 bn
4) USD 2 bn
5) USD 2.1 bn
Answer:- 1) USD 1 bn
Ques. : 10 India’s official entry to the Oscars is now out of
race. Which of the following films was India’s official entry to
the coveted award?
1) Yellow
2) City Lights
3) Liar’s Dice
4) Ek Hazarachi Note
5) Fandry
Answer:- 3) Liar’s Dice