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05-06-2014 QUESTION OF THE DAY (05-JUNE-2015)

Ques. : 1   The Centre had accepted the MS Sahoo panel report in 2014. The Committee reviewed the
1) participatory notes scheme     2) Kisan Vikas Patra scheme
3) National Savings Certificate scheme     4) depository receipts scheme
5) None of these     



Ques. : 2   The 14th Finance Commission had recommended the Centre to transfer ________from the divisible tax pool to states for a period of five years, starting from the current financial year (FY16).
1) 32 per cent     2) 42 per cent
3) 45 per cent     4) 49 per cent
5) 51 per cent     



Ques. : 3   The 24th Sultan Azlan Shah Cup tournament is being held in Malaysia from Apr 5 to 12. It is associated with the game of
1) Cricket     2) Hockey
3) Football     4) Tennis
5) None of these     



Ques. : 4   The Centre has released what amount to the states for 2015-16 as the first instalment of devolution as recommended by the 14th Finance Commission (FFC)?
1) Rs 23,342 cr     2) Rs 28,024 cr
3) Rs 37,420 cr     4) Rs 42,370 cr
5) None of these     



Ques. : 5   According to the data provided by the RBI to the finance ministry, which of the following banks tops the list with highest NPAs among PSU banks as on Dec 2014?
1) Punjab National Bank     2) Punjab & Sind Bank
3) Central Bank of India     4) United Bank of India
5) State Bank of India     



Ques. : 6   Ringgit is the currency of which of the following countries?
1) Indonesia     2) Malaysia
3) Thailand     4) Myanmar
5) Mauritius     



Ques. : 7   India might soon be competing with the likes of Dubai, Singapore and Malaysia with its own International Finance Service Centre (IFSC) coming up in a year’s time in the state of
1) Maharashtra     2) Karnataka
3) Tamil Nadu     4) Gujarat
5) Andhra Pradesh     



Ques. : 8   What is the Budget allocation to provide interest subsidy for exports for fiscal year 2015-16?
1) Rs 1,250 cr     2) Rs 1,475 cr
3) Rs 1,625 cr     4) Rs 1,750 cr
5) None of these     



Ques. : 9   The govt unveiled the much-delayed Foreign Trade Policy (FTP) recently. This FTP is released for the period
1) 2015-2020     2) 2016-2020
3) 2015-2029     4) 2016-2021
5) None of these     



Ques. : 10   The govt is contemplating tariff rationalisation to raise India's share in the global trade to 3.5 per cent by 2020. What is India’s share in the global trade at present?
1) 1 per cent     2) 1.5 per cent
3) 2 per cent     4) 2.5 per cent
5) 3 per cent     





ANSWERS

1. Answer:- 4) depository receipts scheme

2. Answer:- 2) 42 per cent

3. Answer:- 2) Hockey

4. Answer:- 3) Rs 37,420 cr

5. Answer:- 3) Central Bank of India

6. Answer:- 2) Malaysia

7. Answer:- 4) Gujarat

8. Answer:- 3) Rs 1,625 cr

9. Answer:- 1) 2015-2020

10.Answer:- 3) 2 per cent


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