Shakespeare.

"Never Play With The Feelings Of Others Because You May Win The Game But The Risk Is That
You Will Surely Lose The Person For A Life Time".
Napoleon.
"The world suffers a lot. Not because of the violence of bad people, But because of the silence of
good people!"
Einstein.
"I am thankful to all those who said NO to me It's because of them I did it myself."
Abraham Lincoln.
"If friendship is your weakest point then You are the strongest person in the world."
Shakespeare.
"Laughing Faces Do Not Mean That There Is Absence Of Sorrow! But It Means That They Have
The Ability To Deal With It".
William Arthur.
"Opportunities Are Like Sunrises, If You Wait Too Long You Can Miss Them".
Hitler.
"When You Are In The Light, Everything Follows You, But When You Enter Into The Dark, Even
Your Own Shadow Doesn't Follow You."
Shakespeare.
"Coin Always Makes Sound But The Currency Notes Are Always Silent. So When Your Value
Increases Keep Quiet.

Quiz on ECONOMY
1. Which of the following are considered as sources of indirect taxes?
1. Excise
2. Custom
3. Service Tax
4. Property Tax
Choose the correct option from the codes given below:
[A]Only 1 & 2
[B]Only 1, 2 & 3
[C]Only 3 & 4
[D]1, 2, 3 & 4
Answer: B
2. The number of public sector banks in India in 2014 is:
[A]25
[B]27
[C]29
[D]22
Answer: B
3. According to latest RBI directive a new sub-category of the Commercial real estate sector
(CRE) is introduced :
[A]Residential projects
[B]Commercial projects
[C]Industrial projects
[D]SEZ projects
Answer: A
4. Rangachary Committee is appointed for?
[A]Taxation of Software Development Centres & IT Sector
[B]Taxation of Biotechnology and Pharmacy sector
[C]Taxation of MSME sector
[D]None of the above
Answer: A
5. What is a floating-rate bond?
[A]A bond with a fixed interest rate and has better yield than varying interest rate bond
[B]A bond with a fixed interest rate and has lower yield than varying interest rate bond
[C]A bond with a varying interest rate and has better yield than fixed interest rate bond
[D]A bond with a varying interest rate and has lower yield than fixed interest rate bond
Answer: D
6. Why Indirect taxes are often reffered as regressive taxing?
[A]They are charged at higher rates than direct taxes
[B]They are charged the same for all income groups
[C]They are not charged the same for all income groups
[D]None of the above
Answer: B

7. For which of the following purpose is The Cabinet Committee on Investments set-up ?
[A]To submit a report on the hurdles creating bottle-necks on the economy
[B]To boost big ticket investments and untangle red-tapism
[C]To fast track disinvestment in PSUs
[D]To attract foreign investment into India to attract foreign investment into India
Answer: B
8. Once a Budget has been presented in the Parliament, the government has to get all money
bills related to the union budget passed within how many days?
[A]30 Days
[B]60 Days
[C]75 Days
[D]90 Days
Answer: C

9. Chit funds in India is governed by which of the following?

[A]RBI
[B]Central Government
[C]State Governments
[D]Local Bodies
Answer: C
10. India is worlds leading exporter of which of the following commodities?
1. Tea
2. Coffee
3. Sugar
4. Guar gum
Choose the correct option from the codes given below:
[A]Only 1
[B]Only 1 & 3
[C]Only 3 & 4
[D]Only 4
Answer: D
11.The National List of Essential Medicines (NLEM) enlists how may drugs?
[A]245
[B]348
[C]423
[D]367
Answer: B
12. What is termed as Market Capitalization?
1. Market capitalization is the product of total number of shares and stock price
2. Market capitalization changes daily
Choose the correct option from the codes given below:
[A]Only 1
[B]Only 2
[C]Both 1 & 2
[D]Neither 1 nor 2
Answer: C
13. The Modified Special Incentive Package Scheme (M-SIPS) by government is introduced for
which sector?
[A]Electronic System Design and Manufacturing
[B]Micro, Small and Medium Enterprises
[C]Hotel and Tourism Sector Investments
[D]Textile Industry
Answer: A
14. Recently, India and Saudi Arabia decided to set up a joint working group on the Nitaqat law
placed by the Saudi government. The Nitaqat law relates to:
[A]Labour Laws
[B]Marriage Laws
[C]Criminal Procedure Code
[D]Owning Property Rights
Answer: A
15. Recently, the Bombay Stock Exchange (BSE) has launched an Islamic equity index which is
based on:
[A]S&P BSE 500 index
[B]S&P BSE 200 index
[C]S&P BSE 100 index
[D]S&P BSE BANKEX
Answer: A

*************************TOP 20 GA QUIZ*********************
[1] Which Bank has bagged Core Banking System Initiative award 2014?
A: Bhartiya Mahila Bank Limited
B: SBI
C: PNB
D: Canara Bank
Ans:(A) Bhartiya Mahila Bank Limited

[2] Which of the payload of NASA's Mars Rover mission 2020 will geanerate oxygen at Mars?
A: Supercam
B: Mastcam
C: MOXIE
D: ROXIE
Ans:(C) MOXIE

[3] Which of the Public Sector Unit has been given Navratna status recently?
A: ECIL
B: MECON
C: Container Corporation of India Limited(CONCOR)
D: NFDC
Ans:(C) Container Corporation of India Limited(CONCOR)

[4] Who has been selected as first Artist in Residence in Rashtrapati Bhawan?
A: Raj Bhadur Singh
B: Muzzafar Ahmed
C: Javed Akhtar
D: Jogen Chowdhary
Ans:(D) Jogen Chowdhary

[5] Which Temple complex will be renovated by Indian assistance in Nepal?

A: Shiva Temple
B: Pashupatinath Temple
C: Hanuman Temple
D: Dakshinaawatar Temple
Ans:(B) Pashupatinath Temple

[6] Who has been selected as first Artist in Residence in Rashtrapati Bhawan?
A: Raj Bhadur Singh
B: Muzzafar Ahmed
C: Javed Akhtar
D: Jogen Chowdhary
Ans:(D) Jogen Chowdhary
[7] Which Award is often considered as Asia's Nobel Prize?
A: Bharat Ratna
B: National Sadbhavna Award
C: Ramon Magsaysay
D: Gandhi Peace Prize
Ans:(C) Ramon Magsaysay

[8] 21st Commonwealth Games will be held at which place?

A: Toronto
B: New Delhi
C: Gold Coast, Australia
D: London
Ans:(C) Gold Coast, Australia

[9] Which country has topped the medal tally at Commonwealth Games 2014?
A: India
B: Canada
C: Australia
D: England
Ans:(D) England

[10] Which committee has been setup by ministry of human resource development to review the
status of UGC?
A: Rakesh Mohan Committee
B: Hari Gautam Committee
C: Mohan Prakash Committee
D: Usha Thorat Committee
Ans:(B) Hari Gautam Committee

[11] How much amount of line of credit has been given by India to Nepal ?
A: $ 500 million
B: $100million
C: $ 1 billion
D: $ 2 billion
Ans:(C) $ 1 billion

[12] Legend Dick Wegner has died, he was associated with which field ?
A: Environment
B: Music
C: Literature
D: Social Activist
Ans:(B) Music

[13] Which species has been added to dolphin family recently?

A: French Humpback
B: Australian Humpback
C: Nigerian Humpback
D: British Humpback
Ans:(B) Australian Humpback

[14] Sadbhavana Diwas is celebrated on ?

A: 18 August
B: 20 August
C: 15 August
D: 10 August
Ans:(B) 20 August

[15] Who has been conferred as Bharat Gaurav by East Bengal Club ?
A: Saurav Ganguly B: Bipasha Basu C: Bachendri Pal D: Arijit Singh
Ans:(C) Bachendri Pal

[16] Who has been selected for Rajiv Gandhi Sadbhavna award for 2014?
A: Muzaffar Ali
B: Rashid Ahmed
C: Javed Akhtar
D: Shabana Azmi
Ans:(A) Muzaffar Ali

[17] Which indian company has raised 1 billion dollar investment recently?
A: Snapdeal
B: Flipkart
C: OLX
D: TCS
Ans:(B) Flipkart

[18] Which country has declared Ebola public health emergency?

A: Sierra Leone
B: Kenya
C: Yemen
D: Ghana
Ans:(A) Sierra Leone

[19] Eminent personality Madhukar Singh has died, he was associated with which field?
A: Environment
B: Human Rights
C: Hindi Literature
D: R T I
Ans:(C) Hindi Literature

[20] Which player has set record of fastest serve in women's tennis
A: Maria Sharapova
B: Venus Williams
C: Sabine Lisicki
D: Serena WILLIAMS
Ans:(C) Sabine Lisicki

Quiz Current Affairs

1. Which of the following banks has opened its seventh overseas branch in New York, USA?
(a) Yes bank
(b) Canara Bank
(c) Axis Bank
(d) HDFC Bank
Answer: (b) Canara Bank
2. Which of the following statement/s is/ are true?
(1) Union Minister for Micro, Small and Medium Enterprises (MSMEs) Kalraj Mishra has recently
launched Online Finance Facilitation Centre (OFFC) for Small and Medium Enterprises (SMEs).
(2) OFFC is an initiative of the Confederation of Indian Industry (CII).
(3) OFFC will facilitate the SMEs across the country with documentation and preparation of
bankable project proposals.
(a) 1 and 3
(b) Only 1
(c) 1 and 2
(d) 1, 2 and 3
Answer: (d) 1, 2 and 3
3. Central Statistical Organisation(CSO) recently released the Provisional and Quarterly Estimate
of National Income for the financial year 2013-14. It pegged Indian economy's Gross Domestic
Growth (GDP) growth rate at how much percent in 2013-14?
(a) 4.3%
(b) 4.5%
(c) 4.7%
(d) 4.8%
Answer: (c) 4.7%
4. Bollywood actress Deepika Padukone was recently appointed brand ambassador of which of
the following banks?
(a) Yes Bank
b) Axis Bank
(c) HDFC Bank
(d) ICICI Bank
Answer: (b) Axis Bank
5. Five bank unions are gearing up to hold protest meetings across the country to voice their
opposition against the Nayak Committee report's recommendations. Which of the following
statement/s is/are true regarding this?
(1) The protesting unions are All India Bank Officers' Association (AIBOA), Bank Employees
Federation of India (BEFI), Indian National Bank Employees Federation (INBEF) and Indian
National Bank Officers Congress (INBOC) and All India Bank Employees Association (AIBEA).
(2) The RBI constituted an expert committee under the chairmanship of P.J. Nayak, to review
governance of boards of banks in India.
(3) The committee submitted its report recently and the RBI asked for comments from the public
on it by June 12, 2014.
(4) The unions are angry as the committee recommended reduction of government holding in
public sector banks to less than 50 percent, merging government banks, keeping out government
banks from the ambit of Central Vigilance Commission and the Right to Information Act,
transferring government's holdings to an investment company and repealing the Bank
Nationalisation Act.
(a) 1 and 4
(b) 1, 2 and 3
(c) 2 and 3
(d) All of above
Answer: (d) All of above

6. Reserve Bank of India has eased the KYC norms for opening bank account. Which of the
following statement/s is/are true regarding this?
(1) Only one documentary proof of address (either the current or permanent) can be used to
open bank account or for periodic updation.
(2) In case the address mentioned as per proof of address undergoes a change than fresh proof
of address may be submitted to the branch within a period of six months.
(3) KYC (Know Your Customer) is a term used for customer identification process.
(4) The objective of the KYC guidelines is to prevent banks being used, intentionally or
unintentionally by criminal elements for money laundering.
(a) 1, 2 and 4
(b) 1, 3 and 4
(c) 2 and 3
(d) 1, 2, 3 and 4
Answer:(d) 1, 2, 3 and 4
7. Vishal Sikka was appointed the CEO of which of the following companies?
(a) Micromax
(b) Infosys
(c) Wipro
(d) TCS
Answer: (b) Infosys
8. The Prime Minister of India Narendra Modi has recently dedicated largest warship INS
Vikramaditya to the nation. This warship has been acquired from which of the following
countries?
(a) US
(b) UK
(c) Russia
(d) Germany
Answer: (c) Russia
9. Which of the following states' high court has recently said that the nationals of Bangladesh,
who settled in the state before 24 March, 1971 should be treated as Indians?
(a) Tripura
(b) Meghalaya
(c) West Bengal
(d) Assam
Answer: (b) Meghalaya
10. Which of the following states has recently decided to add a chapter on the cricket legend
Sachin Tendulkar in its school syllabus?
(a) West Bengal
(b) Andhra Pradesh
(c) Kerala
(d) Maharashtra
Answer: (d) Maharashtra