Current Affairs Economy and Finance

Questions and Answers 2014 - Quiz 195

Current Affairs Economy and Finance Questions and Answers 2014: These questions are based on
important event of current affairs on economy and finance.

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Current Affairs Economy and Finance Questions and Answers 2014

Question Number 1: What was the Repo Rate as on April 01, 2014?
A) 8%
B) 7%
C) 9%
D) 6.5%
Answer & Explanation: 8% was the Repo Rate as on April 01, 2014.

Question Number 2: What was the Cash Reserve Ratio (CRR) as on April 01, 2014?
A) 3.5%
B) 5.0%
C) 4.0%
D) 2.0%
Answer & Explanation: 4.0% was the Cash Reserve Ratio (CRR) as on April 01, 2014.

Question Number 3: The Reserve Bank of India forecast _____ per cent GDP growth during the financial year
2014-15?
A) 5.7
B) 5.5
C) 5.4
D) 5.9
Answer & Explanation: Reserve Bank of India forecast 5.50 per cent GDP growth during the financial year
2014-15.

Question Number 4: The Asian Development Bank (ADB) forecast _____ per cent GDP growth during the
financial year 2014-15?
A) 5.4
B) 5.7
C) 5.5
D) 5.9
Answer & Explanation: Asian Development Bank (ADB) forecast 5.5 per cent GDP growth during the financial
year 2014-15.

Question Number 5: The (FICCI) forecast _____ per cent GDP growth during the financial year 2014-15?
A) 5.3
B) 5.7
C) 5.5
D) 5.9
Answer & Explanation: 5 The (FICCI) forecast 5.50 per cent GDP growth during the financial year 2014-15.

Question Number 6: Import of Gold and Silver in 2013-14 stood at_____?
A) US $ 40.63 billion
B) US $ 33.46 billion
C) US $ 31.18 billion
D) US $ 75.38 billion
Answer & Explanation: Import of Gold and Silver in 2013-14 stood at US $ 33.46 billion

Question Number 7: Which state recently added in the rail route map of India?
A) Mizoram
B) Arunachal Pradesh
C) Meghalaya
D) Manipur
Answer & Explanation: Arunachal Pradesh recently added in the rail route map of India.

Question Number 8: The Government of India is in a move to grant in principal approval for ETA to travelers
from 180 countries to India will boost tourism in the country. What is ETA?
A) Electronic Tourism Authorization
B) Electronic Transaction Authorization
C) Electronic Travel Authorization
D) Electronic Transfer Authorization
Answer & Explanation: Electronic Travel Authorization

Question Number 9: What was the rank of India among the top exporting countries in 2013?
A) 29th
B) 19th
C) 13th
D) 17th
Answer & Explanation: 13th was the rank of India among the top exporting countries in 2013

Question Number 10: Which company has bought a Ranbaxy Laboratories in an acquisition in a landmark $ 4-
billion transaction?
A) Alchemist
B) GlaxoSmithKline
C) Sun Pharma
D) Pfizer
Answer & Explanation: Sun Pharma has bought a Ranbaxy Laboratories in an acquisition in a landmark $ 4-
billion.