Current Affairs Questions : Quiz 121

Current Affairs Questions of December & January 2014. Here is a collection of questions on Economy and Finance. Latest current affairs for competitive exams.

Question Number 1: How much amount Asian Development Bank will lend for the expansion of the metro line in Jaipur?
A) $198 Million
B) $187 Million
C) $176 Million
D) $165 Million
Answer & Explanation: $176 Million ADB will lend for the expansion of the metro line in Jaipur.

Question Number 2: What was the Bank Rate as on December 30, 2013?
A) 8.75%
B) 9.75%
C) 7.75%
D) 6.75%
Answer & Explanation: 8.75% is the Bank Rate as on December 30, 2013.

Question Number 3: What was the Reverse Repo Rate as on December 30, 2013?
A) 7.75%
B) 4.75%
C) 6.75%
D) 5.75%
Answer & Explanation: 6.75% is the Reverse Repo Rate as on December 30, 2013.

Question Number 4: India and Japan raise currency swap arrangement limit from $15 to what limit recently?
A) $40 Billion
B) $60 Billion
C) $30 Billion
D) $50 Billion
Answer & Explanation: $50 Billion

Question Number 5: Who is the Secretary General of India Direct Selling Association (ISDA)?
A) Rahul Bajaj
B) Arvind Juneja
C) Chavi Hemanth
D) Deepak Tulsi
Answer & Explanation: Chavi Hemanth is the Secretary General of India Direct Selling Association (ISDA).

Question Number 6: The Competition Commission of India (CCI) imposes fines worth Rs. 2,000 crore on erring entities during 2013 on which three companies?
A) DFL, Kingfisher and Idea.
B) Jet Airways, Coal India Ltd. (CIL) and BCCI.
C) Kingfisher, NHPC and BCCI.
D) Coal India Ltd. (CIL), Kingfisher and BCCI.
Answer & Explanation: Jet Airways, Coal India Ltd. (CIL) and BCCI.

Question Number 7: What is the name of European country that has signed a bilateral tax treaty for exchange of banking and ownership information at Rome, Italy with India?
A) Andorra
B) Monaco
C) San Marino
D) Serbia
Answer & Explanation: San Marino.
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Question Number 8: What was the name of India first Stock Exchange?
A) KBC
B) BSE
C) NSE
D) Nikkei
Answer & Explanation: BSE wasIndia first Stock Exchange.

Question Number 9:What was the Base Rate as on December 30, 2013?
A) 7.60-8.90%
B) 9.80-10.25%
C) 6.75-7.80%
D) 7.80-9.75%
Answer & Explanation: 9.80-10.25% was the Base Rate as on December 30, 2013.

Question Number 10: What is the name of India chairman of Engineering Export Promotion Council (EEPC)?
A) Satish Kashyap
B) Anupam Shah
C) Aditya Birla
D) Nitin Malhotra
Answer & Explanation: Anupam Shah is the India chairman of Engineering Export Promotion Council (EEPC).

Filed Under: Current AffairsCurrent Affairs January 2014Current Affairs Quiz

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