CURRENT AFFAIRS MULTIPLE CHOICE QUESTIONS

1) Corporation tax: (c)
a. is a direct tax and it is levied by the State Governments.
b. is a indirect tax and it is levied by the State Governments.
c. is a direct tax and it is levied by the Union Government.
d. is a indirect tax and it is levied by the Union Government.
e. is a indirect tax and it is levied by both the Union Government and State Governments.
2) Which of the following constitute the World Bank Group? (d)
A. International Bank for Recon-struction and Development (IBRD)
B.International Development Asso-ciation(IDA)
C. International Finance Corpora-tion(IFC)
D. International Centre for Settle-ment of Investment Disputes-(ICSID)
E. International Monetary Fund-(IMF)
a. A, C and E
b. C, D and E
c. D, E and A
d. A, B, C and D
e. A, B, C, D and E
3) The cause of Inflation is:
a. decrease in money supply and rise in production (b)
b. increase in money supply and fall in production
c. decrease in money supply
d. rise in production
e. None of these
4) Which of the following is an award presented by the government of India for excellence in sports coaching? (c)
a) Rajiv Gandhi Khel Ratna Award b) Arjuna Award
c) Dronacharya Award
d) Dhyan Chand Award
e) Dadasaheb Phalke Award
5) Which of the following countries co-hosting the world cup cricket 2011? (c)
a) India, Pakistan, Sri Lanka and Bangladesh
b) Pakistan, India and Bangladesh
c) India, Sri Lanka and Bangladesh
d) India, Sri Lanka and Pakistan
e) India and Pakistan
6) In which country is Dubai Located? (b)
a) Saudi Arabia
b) United Arab Emirates
c) Iran
d) Iraq
e) Oman
7) Wall Street, which is associated with stock market, is located in? (e)
a) London
b) Tokyo
c) Berlin
d) Mumbai
e) None of these
8) Which of the following is a public sector undertaking?
a) Wipro (d)
b) Reliance
c) Hindalco
d) HAL
e) HCL Technologies
9) Currently, how many countries are members of the European Union (EU)?
a) 25 (c) b) 26
c) 27
d) 28
e) 29
10) Arcelor Mittal, the largest steel producing company in the world, based in? (b)
a) London
b)Luxembourg
c) Rome
d) Mumbai
e) New York
11) Peso is currency of which country? (e)
a) Japan
b) Brazil
c) China
d) South Korea
e) Argentina
12) Which country is the largest producer of Tea? (e)
a) Sri Lanka
b) USA
c) Brazil
d) Cuba
e) India
13) "Nestle" is an MNC, deals in? (c)
a) Auto
b) Textile
c) Food processing
d) Soft Drinks
e) Pharmaceutical
14) Who declares the "Credit Policy" of India? (b)
a) Ministry of Finance
b) Reserve Bank of India
c) Planning Commission
d) Finance Commission
e) National Development Council
15) What is current rate of SLR by RBI? (b)
a) 20%
b) 24%
c) 25%
d) 26%
e) None of these
16) Gaganjeet Bhullar is associated with? (e)
a) Cricket
b) Chess
c) Football
d) Badminton
e) Golf
17) Which team won their maiden Ranji Trophy title for the first time in 77 years?
a) Baroda (b)
b) Rajasthan
c) Karnataka
d) Kerala
e) Punjab
18) Vijay Merchant Trophy is associated with? (a)
a) Cricket
b) Golf
c) Football
d) Hockey
e) None of these
19) Novak Djokovic, the winner of Australian Open 2011 Men's Singles, belongs to?
a) USA (e)
b) Germany
c) UK
d) France
e) Serbia
20) Kim Clijsters, the winner of Australian Open 2011 Women's Singles, belongs to? (d)
a) France
b) Germany
c) USA
d) Belgium
e) None of these
21) Pohang Steel Company (POSCO) is belongs to?
a) China (e)
b) Japan
c) Germany
d) USA
e) South Korea
22) The re-elected President of Tanzania? (a)
a) Jakaya Kikwete
b) Robert Mugabe
c) Morgan Tsvangirai
d) Jacob Zuma
e) Kgalema Motlanthe
23) "Makers of Modern India" is a book written by? (b)
a) Arvind Adiga
b) Ramchandra Guha
c) Vikram Seth
d) Chetan Bhagat
e) None of these
24) One-rupee currency notes bear the signature of? (d)
a) Finance Minister of India
b) Governor of RBI
c) President of India
d) Finance Secretary of India
e) Prime Minister of India
25) What is the animal on the insignia of the RBI? (e)
a) Lion
b) Tiger
c) Elephant
d) Cow
e) Panther
26) Which of the following is the Bankers Bank in India? (c)
a) SBI
b) Ministry of Finance
c) RBI
d) IDBI
e) ICICI Bank
27) National Bank for Agriculture and Rural Development (NABARD) was set-up in? (d)
a) 1935
b) 1955
c) 1964
d) 1982
e) 1994
28) Which of the following is the premier export finance institution of the country, set up in 1982? (e)
a) IDBI Bank
b) HDFC Bank
c) ICICI Bank
d) AXIS Bank
e) Exim Bank
29) Excise duties are taxes on?
a) Import of commodities (d)
b) Export of commodities
c) Sale of commodities
d)Production of commo dities
e) None of these
30) Which of the following is not a direct tax? (c)
a) Corporation tax
b) Income tax
c) Sales tax
d) Wealth tax
e) Gift tax
31) Which of the following is an international prize presented annually by the King of Norway to one or more outstanding mathe-maticians? (e)
a) Nobel Prize
b) Templeton Prize
c) Pritzker Prize
d) Ramon Magsaysay Award
e) Abel Prize
32) The winner of Abel Prize for 2011? (a)
a) John Willard Milnor
b) Robert G. Edwards
c) Mario Vargas Llosa
d) Liu Xiaobo
e) None of these
33) Which of the following is a direct tax? (e)
a) Excise Duty
b) Sales Tax
c) Custom Duty
d) Service Tax
e) Income Tax
34) Dalal Street is at? (e)
a) New Delhi
b) New York
c) Shanghai
d) London
e) Mumbai
35) The Headquarters of IMF is in? (e)
a) New York
b) Geneva
c) Manila
d) Brussels
e) Washington DC,.
36) Which one of the following pairs is not correctly matched? (e)
a) West Bengal: Buddhadeb Bhattacharjee
b)Kerala: V.S. Achuthanandan
c)Tamil Nadu: M. Karunanidhi
d) Assam: Tarun Kumar Gogoi
e) Puducherry: Ramesh Pokhriyal
37) The Finance Commission is appointed every _____ years or earlier? (a)
a) 5
b) 7
c) 8
d) 9
e) 10
38) IRDA stands for ? (c)
a)Indian Rural Develo pment Authority
b) Inter Rural Development Association
c) Insurance Regulatory and Development Authority
d)Integrated Rural Development Authority
e) None of these
39) Which among the following is Oldest? (a)
a) IDBI
b) EXIM BANK
c) NABARD
d) NHB
e) SIDBI
40) Which among the following is Oldest? (a)
a) RBI
b) SEBI
c) TRAI
d) IRDA
e) None of these
41) From which date Banks had implemented the base rate system? (a)
a) July 1, 2010
b) August 1, 2010
c) September 1, 2010
d) October 1, 2010
e) January 1, 2011
42) Which scheme was launched for the Development of rural India through irrigation, Water supply, Housing, Road, Telephone and electricity?
a) NREGS (d) b) JNNURM
c) Rajiv Awas Yojna
d) Bharat Nirman
e) None of these
43) Which of the following prize is often been described as the "Mathematician's Nobel prize"? (e)
a) Man Booker Prize
b) Pulitzer Prize
c) Grammy Award
d) Oscar Award
e) Abel Prize
44) Which of the following is an indirect tax? (e)
a) Income Tax
b) Corporate Tax
c) Gift Tax
d) Wealth Tax
e) Service Tax
45) Wall Street is at? (c)
a) Mumbai
b) Singapore
c) New York
d) Beijing
e) Tokyo
46) The headquarters of World Bank is in? (d)
a) Geneva
b) Tokyo
c) Vienna
d) Washington DC
e) None of these
47) What is the number of member countries of UNO?
a) 27 (d)
b) 28
c) 153
d) 192
e) 187
48) Which of the following is an intergovernmental organization of central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks? (c)
a) IBRD
b) IMF
c) BIS
d) Federal Reserve
e) ADB
49) Who is Indra Nooyi? (c)
a) CEO of Arcelor Mittal
b) CEO of Coca Cola
c) CEO of Pepsico
d) Chairman of RIL
e) Chairman of Reliance Group
50) The new deputy governor of RBI? (b)
a) U.K.Sinha
b) Anand Sinha
c) C.Rangarajan
d) Vijay Kelkar
e) None of these
51) The Final match of Cricket World Cup 2011 was played in? (c)
a) Chennai
b) New Delhi
c) Mumbai
d) Kolkata
e) None of these
52) S.P.Sethuraman is asso ciated with? (b)
a) Cricket
b) Chess
c) Badminton
d) Football
e) None of these
53) The Laureus World Sportsman of the year for 2011 is ? (b)
a) Roger Federer
b) Rafael Nadal
c) Kim Clijsters
d) Sachin Tendulkar
e) None of these
54) Consider the following? (e)
A. International Cricket Council (ICC) is the international governing body of cricket.
B. Federation Internationale de Football Association (FIFA) is responsible for the organisation and governance of football's major international tournaments, most notably the FIFA World Cup.
C. International Olympic Comm-ittee (IOC) organizes the modern Olympic Games held in Summer and Winter, every four years.
D. International Hockey Federation (FIH), the global governing body for the sport of field hockey.
E. Federation Internationale des Echecs (FIDE) or World Chess Federation is an international organization that connects the various national chess federa-tions around the world and acts as the governing body of international chess competition.
Which of the above statement(s) is/are correct?
a) A & B only
b) B & C only
c) C & D only
d) D & E only
e) All of the above
55) What is the current rate of Repo Rate? (c)
a) 6 %
b) 6.5 %
c) 6.75 %
d) 7 %
e) None of these
56) The Shivraj Patil Committee is on? (a)
a) 2G Spectrum allocations b) Demolition of the Babri Masjid
c)Commonwealth Games irregula-rities
d) Gujarat Riots
e) None of these
57) The Indian Railways has inaug-urated Indian first Green Railway Station at?
a) Manwal (a)
b) Udipi
c) Mangalore
d) Baroda
e) None of these
58) Krishna Water Dispute Tribunal headed by? (b)
a) justice B.N.SriKrishna
b) Justice Brijesh Kumar
c) Justice KG Balakrishnan
d) Justice S.H. Kapadia
e) Justice P.V.Reddy
59) Al Jazeera TV channel headquartered in? (b)
a) Tehran
b) Doha
c) Riyadh
d) Dubai
e) None of these
60) Who is the chairperson of National Green Tribunal, a special court environment issues? (a)
a) Lokeshwar Singh Patna b) U.K.Sinha
c) J.Hari Narayan
d) J.S.Sarma
e) D.Subbarao
61) Bad loans in banking terminology are generally known as? (c)
a) CBS
b) PLR
c) NPAs
d) CRR
e) SLR
62) XX Commonwealth Games 2014 will be held in? (d)
a) Manchester
b) Melbourne
c) New Delhi
d) Glasgow
e) None of these
63) Asian Games-2014 will be held in? (b)
a) Guangzho
b) Incheon
c) New Delhi
d) Jakarta
e) None of these
64) Who is sworn in as Brazil's first woman president on January 1, 2011? (a)
a) Dilma Rousseff
b) Angel Merkel
c) Ellen Johnson Sirleaf
d) Kamla Persad-Bissessar e) Julia Gillard
65) The Prime Minister of Nepal? (b)
a) Ram Baran Yadav
b) Jhala Nath Khanal
c) Pushpa Kamal Dahal
d) Aung San Suu Kyi
e) Susilo Bambang Yudho yono
66) G-8 summit 2011 will be held in? (b)
a) Canada
b) France
c) Japan
d) Germany
e) India
67) United Nations declared the year 2011 as? (b)
a) International Year of Potato
b) International Year of Chemistry
c) International Year of Fresh Water
d) International Year of Astronomy
e) International Year of Mountains
68) The new chairman of Central Board of Direct Taxes (CBDT)? (a)
a) Sudhir Chandra
b) S.S.Menon
c) U.K.Sinha
d) K.V.Kamat
e) None of these
69) Which district of Kerala became the second totally electrified district in India?
a) Palakkad (b)
b) Thrissur
c)Thiruvananthapuram
d) Kottayam
e) Kozhikode
70) Who is the United States's special envoy to Afghanistan and Pakistan?
a) Richard Holbrooke (b)
b) Marc Grossman
c) Barack Obama
d) Joe Biden
e) Hillary Rodham Clinton
71) "Standing My Ground" is the auto biography of ? (b)
a) Kapil Dev
b) Mathew Hayden
c) Steve Waugh
d) Andre Agassi
e) None of these
72) The chairman of National Commission for Minorities (NCM)? (a)
a) Wajahat Habibullah
b) K G Balakrishnan
c) Girija Vyas
d) Vijay Kelkar
e) Veerappa Moily
73) Who is U.K.Sinha? (a)
a) Chairman of SEBI
b) Chairman of IRDA
c) Chairman of TRAI
d) Chairman of PFRDA
e) Chairman of SBI
74) Who are leading the "Giving Pledge" campaign that urges rich people to pledge at least half of their wealth to charity? (a)
a) Bill Gates and Warren Buffet
b) Sergey M. Brin and Lawrence E. Page
c) Mark Zuckerberg and Jack Dorsey
d) Lakshmi Mittal and Sunil Mittal
e) Mukesh Ambani and Anil Ambani
75) Which of the following pairing is wrong? (e)
a) Novak Djokoveic - Serbia b) Andy Murray - Britain
c) Kim Clijsters - Belgium
d) Daniel Nestor - Canada e) Bob Bryan - France
76) Essam Sharaf has been appointed as Prime Minister of which among the following countries? (b)
a) Afghanistan
b) Egypt
c) Maldives
d) Mauritius
e) None of these
77) Which of the following serves as an apex financing agency for the institutions providing investm-ent and production credit for promoting various develop mental activities in rural areas? (d)
a) SIDBI
b) IDBI
c) NHB
d) NABARD
e) EXIM Bank
78) Which of the following is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India?
a) EXIM Bank (e)
b) IFCI
c) HDFC
d) UTI
e) SIDBI
79) Economic Survey 2010-11 was presented by……… in Parliament on February 25, 2011? (c)
a) RBI Governor D.Subbarao
b) Prime Minister of India Manmohan Singh
c) Finance Minister Pranab Mukherjee
d)Railway Minister Mamata Banerjee
e) Loksabha Speaker Meira Kumar
80) The State Bank of India (Amendment) Bill-2010, which was passed in the parliament in the later half of 2010, apart from other things, reduces the statutory minimum shareholding of the Central Government in the bank from _____to ______%. Which among the following set of figures fills the blank correctly? (b)
a) 59, 51
b) 55, 51
c) 51, 50
d) 50, 49
e) None of these
81) India's highest award for lifetime achievement in sports and games? (c)
a) Rajiv Gandhi Khel Ratna Award
b) Arjuna Award
c) Dhyan Chand Award
d) Dronacharya Award
e) Dadasaheb Phalke Award
82) The second highest civilian award in the country? (b)
a)Bharat Ratna b)Padma Vibhushan
c) Rajiv Gandhi Khel Ratna Award
d) Dadasaheb Phalke Award e) Param Vir Chakra
83) "Andhra Bank" was founded in? (a)
a) 1923
b) 1935
c)1955
d) 1964
e) 1994
84) The deputy chairman of Planning Commission? (a)
a) Montek Singh Ahluwalia b)Manmohan Singh
c) C.Rangarajan
d) D.Subbarao
e) S.S.Menon
85) What is Tejas? (e)
a) Anti-tank missile
b) Intercontinental range ballistic missile
c) Main battle tank
d) Supersonic cruise missile
e) Light Combat Aircraft