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GK related to Economy and Business Environment

1. Which among the following is not a Credit Rating agency?


a.
b.
c.
d.

2.
a.
b.
c.

ICRA
CRISIL
CARE
IRDA

NASSCOM is
the premier trade body for the IT software and services industry in India
the premier trade body for the hospitality industry in India
the premier trade body for the pharma industry in India

3. -------------is a measure of inflation that excludes items that face volatile price movement,
notably, food and energy.
a. Core inflation
b. Headline inflation
c. Wage inflation
4. Which among the following is wholly/partly owned subsidiary of RBI?
a.
b.
c.
d.

NABARD
HDFC
IRDA
SEBI

5. Recently RBI decided to fix the upper age limit at ------years for MD and CEO of private
sector banks
a.
b.
c.
d.

65
64
70
72

6. ------------recently acquired a U K based mobile technology start-up Movirtu


a.
b.
c.
d.

BlackBerry
Nokia
Sony
Samsung

7. Which among the following is not a member country of SAARC?


a.
b.
c.
d.

India
Pakistan
Nepal
Malaysia

8. Satya Nadella is CEO of


a.
b.
c.
d.

Infoysis
Citi Bank
Microsoft
Pepsico

9. Vishal Sikka is CEO of


a.
b.
c.
d.

Infoysis
Citi Bank
Microsoft
Pepsico

10. Forward Markets Commission is related to


a.
b.
c.
d.

Commodity market
Insurance market
Banking
Electricity

11. Which Indias neighboring country has decided to join the newly formed BRICS
Developemtn Bank, initiated by BRICS countries?
a.
b.
c.
d.

Bangladesh
Sri Lanka
Nepal
Pakistan

12. RBI has projected Indias economic growth at -------in the current financial year due to
improvement in manufacturing activity and investment.
a.
b.
c.
d.

5.5 %
4.8 %
5.1%
6.0%

13. Which of the following duo got banking license by RBI, for which 25 entities applied?

a.
b.
c.
d.

IDFC & India Post


Bandhan & India Post
IDFC & Reliance Industries
IDFC & Bandhan

14. Who is the current Chairman of Federal Reserve


a. Ben Bernanke
b. Janet L Yellen
c. Cristine Lagarde
d. Dominique Strauss Khan

15. Who was the former Chairman, FED Reserve


a.
b.
c.
d.

Ben Bernanke
Janet L Yellen
Cristine Lagarde
Dominique Strauss Khan

16. Who is the current President of World Bank?


a.
b.
c.
d.
e.

Ben Bernanke
Janet L Yellen
Cristine Lagarde
Dominique Strauss Khan
Jim Yong Kim

17. Who is the Chairman of SEBI?


a. U K Sinha
b. Raghuram Rajan
c. Bimal Jalan
d. T S Vijayan

18. The Fourteenth Finance Commission has been set up under the Chairmanship of
a. Dr. Y.V.Reddy
b. Raghuram Rajan

c. Bimal Jalan
d. C Rangarajan

19. Who is the present Governor of RBI?


a. Dr. Y.V.Reddy
b. Raghuram Rajan
c. Bimal Jalan
d. C Rangarajan

20. Which Commission has been proposed in the Union Budget 2014-15 to be set up to look
into expenditure reforms?
a.
b.
c.
d.

Fiscal Management Commission


Expenditure Management Commission
Tax Policy Commission
Trade Policy Commission

21. REITS stands for


a. Real Estate Investment Trusts
b. Regional Economies and Investment Trust
c. Real Estate & Information Technology solutions

22. Fiscal deficit as % of GDP as per 2014-15 Budget Estimate is


a. 4.1
b. 4.6
c. 4.8
d. 5.0
23. In international finance, the term SDR is associated with
a. IMF
b. WTO
c. World Bank
d. ADB
e. UNCTAD
24. In India who conduct/implement the Monetary policy?.

a.
b.
c.
d.
e.

The Reserve Bank of India (RBI)


Finance Ministry
Ministry of Commerce
Ministry of Monetary Affairs
Treasury Department

25. In US, who implements Monetary policy?.


a.
b.
c.
d.
e.

The Federal Reserve Bank of New York (FED).


Treasury Dept
Department of Monetary Affairs
Ministry of Commerce
Finance Ministry