1.

Which country is hosting Asia Pacific Economic Cooperation dialogue 2015

India
Philippines
China
Bangladesh
2.

. In which year, India will chair the prestigious G20 forum?

[A]2016 [B]2017 [C]2018 [D]2019

India will chair the G20 forum in 2018 and New Delhi could host the prestigious annual G20
summit. China is chairing the G20 this time, following which Germany will in 2017 and then
the Chair will pass on to India for 2018. One of the G20 countries is selected to hold the Chair
in rotation, also known as G20 presidency.

3.

Who won the Lata Mangeshkar Award for Lifetime Achievement? [A]Shankar Ehsaan Roy [B]Sonu Nigam
[C]AR Rahman [D]Prabhakar Jog

The noted violinist and music composer, Mr. Prabhakar Jog will be awarded the 2015 Lata
Mangeshkar Award for Lifetime Achievement for his contributions in the field of music by the
Maharashtra government. The award carries a cash reward of Rs. 5 lakh, a citation, a trophy
and a shawl.

4.

With reference to the fourth bi-monthly Monetary Policy Report 2015-16, what is the current repo rate in India?
[A]7.25% [B]6.25% [C]6.75% [D]6.50%
The key points of Fourth Bi-monthly Monetary Policy Report of Reserve Bank of India (RBI):- a) reduced the
policy repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 7.25 % to 6.75% with
immediate effect. B) kept the Cash Reserve Ratio (CRR) of scheduled banks unchanged at 4.0 % of Net
Demand and Time Liability (NDTL). C) continue to provide liquidity under overnight repos at 0.25 % of bankwise NDTL at the LAF repo rate and liquidity under 14-day term repos as well as longer term repos of up to
0.75 % of NDTL of the banking system through auctions. D) continue with daily variable rate repos and
reverse repos to smooth liquidity.

5.

The Sircilla and Siddipet constituencies which have become first 100 per cent open defecation constituencies
in the country are in which state? [A]Telangana [B]Andhra Pradesh [C]West Bengal [D]Odisha
Sircilla and Siddipet constituencies are in Telangana state. These two constituencies are all set to achieve a
rare honor of being the first in the country to become 100 percent open defecation-free constituencies. About
20 thousand personal toilets have been constructed on war footing in these constituencies to achieve cent per
cent by Gandhi Jayanti, the annual day of Swachh Bharat Abhiyan on 2 October.

6.

Which of the following states has decided to impose drought tax, recently? [A]Karnataka [B]Andhra Pradesh
[C]Maharashtra [D]Tamil Nadu
Maharashtra government has decided to levy a surcharge of Rs 2 on petrol and diesel while VAT on liquor,
cigarettes and beverages have also been raised by 5 per cent. The decision aims to raise more funds for
tackling drought in the state. The measures will be in force for five months.

7.

In October 2015, which country / territory flag was raised at United Nations for the first time? [A]Timor
[B]Palestine [C]Syria [D]Jordan
Palestine president Mahmoud Abbas raised the flag of the state of Palestine at United Nations for the first
time. The Palestinians campaigned for a General Assembly resolution that was overwhelmingly approved on

September 10 allowing the UN observer states to fly their flag alongside those of the 193 UN member states.

8.

In which city Michael Phelps swim clinic was launched recently? [A]New Delhi [B]Bengaluru [C]Hyderabad
[D]Chennai
Michael Phelps swim clinic was launched in Bengaluru. It was launched in association with Gameday Arts as
India became the first international venture for the programme.

9.

Who among the following has been facilitated by UK city of coventry? [A]Narayana Murthy [B]Azim Premji
[C]Ratan Tata [D]Nandan Nilkeni
Leading Indian industrialist Ratan Tata has been felicitated by the city of Coventry with its highest award in
recognition of his contributions to the West Midlands region of central England. The Tata Group Chairman
Emeritus took oath as an Honorary Freeman of the City of Coventry, an award only 13 people have been
conferred with since 1914. Tata, was honoured alongside Indian-origin professor Lord Kumar Bhattacharyya,
founder of the Warwick Manufacturing Group (WMG), at the University of Warwick in Coventry.

10. Which among the following is the first made in India sports car? [A]Avanti [B]SportZ [C]Indiana [D]SpeedX
The DC Avanti is a sports car produced by DC Design, an Indian design firm headed by Dilip Chhabria. Its
name was based on the Studebaker Avanti and it is a reference to The Adventures of Tintin comics. It was
unveiled at the 2012 Auto Expo in Delhi. The DC Avanti is powered by a Renault-sourced, 2.0-litre fourcylinder turbocharged petrol engine producing 250 bhp with a six-speed dual-clutch transmission.

11.Gilt edged market means

A.

bullion market

B.

market of government securities

C.

market of guns

D.

market of pure metals

12. In the last one decade, which one among the following sectors has attracted the highest foreign direct
investment inflows into India?

A.

Chemicals other than fertilizers

B.

Services sector

C.

Food processing

D.

Telecommunication

13. 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.
II.
III.

interest payments
subsidies
defence

IV.

irrigation

A.

I, II

B.

C.

I, II, III

D.

II, III, IV

14. Deficit financing leads to inflation in general, but it can be checked if

A.

government expenditure leads to increase in the aggregate supply in ratio of aggregate demand

B.

only aggregate demand is increased

C.

all the expenditure is denoted national debt payment only

All of the above

D.

15. 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