Economy Current Affairs
January 3rd Week 2015 Current Affairs
Category : Economy Current Affairs
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 1)  How many are the authors of the book `The Indian Parliament - A Critical Appraisal` , which was released by the Vice President of India on 8thJan`15?

 Ans : (3) 
1. 1

 2. 3

3. 2

4. 4

 5. 5

Explanation: Prof. Sudha Pai and Shri Avinash Kumar of Jawaharlal Nehru University, New Delhi. The book examines the credibility and legitimacy of the Indian Parliament, scrutinizing various aspects of its functioning.


2)  Rashtriya avishkar abhiyan is the mission that would be launch by the Government to create interest among the students in which subject fields?

Ans: (4)
1. History & Polity

 2. Politics & Agriculture

3. Culture & Heritage

4. Science & mathematics

 5. Social & economy 

Explanation: Rashtriya Avishkar Abhiyan. The Abhiyan seeks to create curiosity, excitement and spirit of innovation and exploration amongst school children, by encouraging higher education institutions to assist secondary and elementary schools in the study of Science and Mathematics


3)  Name the person who is an Indian who has been named by Secretary General Ban Ki- moon as the head of the UN department that provides dedicated support to peacekeeping missions around the world, making him one of the highest ranking Indian officials in the world body?


1. Atul Khare

2. Atul srivasthav

 3. Anirudh khode

4. Arnav Rathode

5. Akul Malhotra 

Explanation: Atul Khare, Senior Indian Diplomat. He will succeed Bangladesh`s Ameerah Haq as the Under-Secretary-General for Field Support, Department of Field Support (DFS). 


4)  Identify the country which has banned AirAsia Airline from flying on key routes amid flight approvals review on 7th Jan`15?

Ans: (1)

1. Indonesia

2. India

3. Srilanka

 4. USA

5. USSR 

Explanation: Air asia airlines . AirAsia Berhad (MYX: 5099) is a Malaysian low-cost airline headquartered near Kuala Lumpur, Malaysia. AirAsia group operates scheduled domestic and international flights to 100 destinations spanning 22 countries. Its main hub is klia2, the low-cost carrier terminal at Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia 


5)  On 8th Jan’15 Krishan kant Paul has been appointed as the Governor of which state?

1. Jharkhand

2. Uttar Pradesh

3. Uttarkhand

4. West Bengal

5. Kerala 

Explanation: Krishan Kant Paul. He replaced Aziz Qureshi as the Governor of Uttarakhand. 


6)  All India radio of which city has launched the special programme titled `CORRECTION`, a unique initiative for prisoners providing an opportunity to prisoners to showcase their talents?


1. Hyderabad

 2. Chennai

3. Bangalore

4. Thiruvananthapuram

5. Pune 

Explanation:  All India Radio Thiruvananthapuram. The programme will highlight the experiences of prisoners and released prisoners. 


7)  Pravasi Bharatiya Divas was celebrated on which day?

1. 8 January

 2. 9 january

 3. 10 february

 4. 12 january

 5. 15 January 

Explanation: 9th January. This day was chosen as the day to celebrate this occasion since it was on this day in 1915 that Mahatma Gandhi, the greatest Pravasi, returned to India from South Africa, led India`s freedom struggle and changed the lives of Indians forever.


8)  Salt Mountain is the memorial which was dedicated to which freedom fighter that was built in Gandhinagar on 8th Jan`15? 

1. Mahathma Gandhi

2. Sardar vallabhai Patel

3. Jawaharlala Nehru

4. Bhagath singh

5. Gopal Krishna Gokhale 

Explanation: Salt Mountain, a Memorial. near the Mahatma Mandir complex, Gandhinagar, Gujarath


9)  R koteeswaran has been appointed as the new Managing Director and Chief Executive Officer of which bank?

1. Axis bank

2. Indian Overseas Bank

3. Indian bank

 4. HDFC

5. Oriental bank of commerce

Explanation: R Koteeswaran. Earlier he was an Executive Director of Bank of India.


10)     Mahinda Rajapaksa has conceded defeat in in which country`s presidentialelections held on 8th Jan`15?

1. Bangladesh

2. Srilanka

3. Nepal

4. Indonesia

5. Cambodia 

Explanation:  Mahinda Rajapaksa. The counting results show opposition candidate Maithripala Sirisena is leading. With final result yet to be declared, Sirisena is expected to be declared winner by around 4 lakh votes. 


11)     India will provide 60 million dollars Line of Credit -LoC , To which country for its road infrastructure projects as per the announcement made on 8th Jan`15?

1. Guyana

 2. Bangladesh

3. Bhutan

4. Nepal

 5. Cuba 

Explanation: Guyana. Prime Minister Narendra Modi today gave the nod for LoC during the bilateral talks with Guyana President Donald R. Ramotar on the sidelines of the 13th Pravasi Bhartiya Divas in which Guyana President has been invited as a chief guest.


12)     Which Indian private bank launched India`s first contactless debit and credit card on 7th Jan’15 that enables one to make payments by just waving the card near merchant terminals instead of swiping the same?

1. Axis bank

 2. HDFC

3. Oriental bank of Commerce

 4. Ing Vysya

5. City Bank

Explanation: ICICI Bank. ICICI Bank is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. As of 2014 it is the second largest bank in India in terms of assets and market capitalization. The Bank has a network of 3,845 branches and 12,012 ATMs in India, and has a presence in 19 countries.
ICICI Bank is one of the Big Four banks of India, along with State Bank of India, Punjab National Bank and Bank of Baroda. The bank has subsidiaries in the United Kingdom, Russia, and Canada; branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre; and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. The company`s UK subsidiary has also established branches in Belgium and Germany.


 13) Virat Kohli has broken the record of which cricket player`s Highest Scorer in Australia?

1. Sachin Tendulkar

2. Rahul dravid

 3. Mark taylor

4. Steve Waugh

5. Inzamam-Ul-Haq 

Explanation: Virat Kohli. He overtook Rahul Dravid as he surpassed 619 runs in the series.


13)     Tshering Tobgay is the Prime Minister of which country who will be on a visit to India from 10th Jan`15?

1. Indonesia

2. Cuba

3. Bhutan

4. Guyana

5. cambodia 

Explanation: Tshering Tobgay. Mr Tobgay and his delegation will visit Ahmedabad to participate in the Vibrant Gujarat Summit, where he will meet with Prime Minister Narendra Modi.


14)     Who is the new SriLankan President sworn into office on 9th Jan`15?

15)     Ans:(1)
1. Maithripala sirisena

16)     2. Murali Sirideva

17)     3. Arjuna Vikrantha

18)      4. Mahinda Rajapaksa

19)      5. Devesh Muralitharan 

Explanation: Maithripala Sirisena. He received 51.2 percent of the votes in presidential election and Rajapaksa got 47.5 percent. 

  16) Under section 92 the constitution governor’s rule was imposed in which state on 9th Jan`15?

1. Tamilnadu

2. Jammu & Kashmir

 3. Gujarath

4. New delhi

 5. Uttar Pradesh

Explanation: Section 92 of Jammu and Kashmir Constitution. It allows the Governor to proclaim it in case of failure of Constitutional machinery in the state. It has been imposed in the state for the sixth time since 1977.


 17) From 13th jan - 17th Jan 2015 India is going to Celebrate ...........week? 






Explanation: 13th Jan-17th January 2015. The theme for water week will be "Water Management for Sustainable Development". India Water Week-2015 will address the issues of sustainability of water resources development and management in line with Sustainable Development Goals 2015 being finalized by UN.


 18) Said kouachi and cherif Kouachi are the brothers who attached on Charlie Hebdo Magazine Office at which place and killed on 9th Jan’2015?

1. London

 2. Paris

 3. Hongkong

4. Washington

5. Texas 

Explanation: nSaid Kouachi and Cherif Kouachi. They were killed at a Paris supermarket where he was holding shoppers at gunpoint and threatened to kill them unless police let the Koachis go. 


1)  The first Airline of joint venture of Tata Group and Singapore Airline (SIA) started its first operation between Delhi to which other city in India on 9th Jan’15?

1. Pune

 2. Hyderabad

3. Jaipur

4. Mumbai

 5. Bangalore

Explanation: Delhi to Mumbai. Vistara is an Indian airline based in New Delhi with a hub at the Indira Gandhi International Airport. The carrier commenced operations on 9 January 2015 and operates 14 daily flights with 3 Airbus A320 aircraft. The Full service carrier was announced in 2013 and was established as a joint venture between Tata Sons and Singapore Airlines. It is the first carrier to offer premium economy seats on domestic flights in India


2)  Among the following, Who has launched the Delhi City’s First Public Bicycle Sharing Scheme on 8th Jan’15?

1. Delhi Metro Rail Corporation (DMRC)

 2. Mumbai Metro Rail Corporation (MMRC)

 3. Bangalore Metro Rail Corporation (BMRC)

4. Hyderabad Metro Rail Corporation (HMRC)

 5. Chennai Metro Rail Corporation (CMRC)

Explanation: Delhi Metro Rail Corporation (DMRC). he eco-friendly project, inaugurated from the Saket Metro Station in south Delhi, seeks to provide connectivity to and from the metro stations in areas in its vicinity.


3)  Abu hamza is ..........hate preacher gets life imprisonment in United States on Jan’15?

1. French

 2. British

3. Pakistani

4. UAE

 5. Russian 

Explanation: Abu Hamza. Judge Katherine Forrest jailed him for life, saying he will never be released, eight months after he was convicted by a jury after a four week New York trial. 


4)  Which insurance company would soon insure about one third of India`s population by partnering with Prime Minister`s Jan Dhan Yojana?

1. Ing Vysya insurance

 2. Life corporation of India (LIC )

3. HDFC insurance policies

 4. ICICI insurance

 5. None 

Explanation: Life Corporation of India (LIC). Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. The company was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation. 


5)  Vibrant Gujarat Summit 2015 would be held in Gujarat . It will be the ---------- summit?

1. 7th

 2. 8th

3. 6th

4. 9th

5. 10th 

Explanation: 11th -13th January 2015. It will be the 7th Summit. 


6)  National Youth Day was observed on ..........

1. 11th January

2. 12th January

3. 13th January

4. 14th January

 5. 15th January 

Explanation: 12thJanuary. This day is observed every year on the birth anniversary of social reformer, philosopher and thinker Swami Vivekananda. 


7)  Who among the following was the doyen of classical music whose 168th death anniversary was observed as `Aradhanotsavam` at the temple city, Tirupathi on 11th Jan`15?

1. Syama sastri

2. Muthhu swamy dikshithulu

3. Sri tyagaraja

 4. Sri Annamayya

5. Sri Nannayya

Explanation: Sri Tyagaraja. Tyagaraja Aradhana is an annual Carnatic music festival held in January and February. Many exponents of Carnatic music come to perform and are watched by thousands of ardent fans of Indian classical music. It is associated with the world famous singer and saint Tyagaraja and is one of the most important music festivals in India. 

8)  Arun jaitley is the minister adopted how many villages in Vadodara district in Gujarat as part of the Sansad Adarsh Gram Yojana on 11th Jan`15?

 Ans : (2)
1. 1

2. 4

3. 3

4. 2

5. 5 


Explanation: Arun Jaitely, Finance Minister. He adopted Karnali, Pipaliya, Valida and Baglipura villages of Vadodara district, as part of the Sansad Adarsh Gram Yojana. 


9)  According to the World Bank, how much percent of growth is observed in India`s economy in 2015?

Ans: (2)
1. 4.5%

2. 6.4%

3. 7.8%

4. 12.3%

5. 2.8%

Explanation: 6.4%. The World Bank is a United Nations international financial institution that provides loans to developing countries for capital programs. The World Bank is a component of the World Bank Group, and a member of the United Nations Development Group 


10)     Identify Which football team has lifted their maiden Federation Cup football title on 11th Jan`15?

1. Hyderabad FC

2. Chennai FC

3. Bengaluru FC

4. Thiruvananthapuram FC

 5. Kolkata FC

Explanation: Bengaluru FC. The Federation Cup, also known as Hero Federation Cup for sponsorship reasons, is an annual knockout style club football tournament in India. It has started in 1977. From its inception till I-League has been started in 1997 (then called NFL), it was the most prestigious national level club football tournament in India.


11)     Who is the tennis player who has retained the ATP Chennai Open Singles title on 11th Jan`15?

Ans: (2)
1. Maria sharapova

 2. Stanislas wawrinka

 3. Serena Williams

4. Jury Christiano

5. None 

Explanation: Stanislas Wawrinka. He defeated Aljaz Bedene of Slovenia. 

 1)  Roger Federer is the player who won the................ International Open title on 11 January 2015?

1. Sydney

 2. Brisbane

 3. Algeria

4. Cuba

5. French 

Explanation: Roger Federer. He claimed his 1,000th career victory by winning the match. 


2)  Which country won its maiden Hopman Cup by defeating much United States on 10th Jan`15?

1. Poland

 2. Scotland

3. Australia

 4. Norway

5. Ireland

Explanation: Poland . The Hopman Cup is an annual international team indoor hardcourt tennis tournament held in Perth, Western Australia in early January (sometimes commencing in late December) each year, which plays mixed-gender teams on a country by country basis. It is also known as the Championships


3)  Which middle-east bank launched region`s first online-only consumer banking business offering personal finance products and credit cards during Jan`2015? 

1. Gulf International Bank

 2. Federal bank

 3. Western union Money transfer

 4. HSBC

5. Nones

Explanation: Gulf International Bank (GIB), Bahrain-based bank. Gulf International Bank (GIB) was established in 1975 during the first oil boom and is incorporated in the Kingdom of Bahrain as a conventional wholesale bank. It is licensed by the Central Bank of Bahrain and is headquartered in Manama in Bahrain 


4)  Thomas Kurian is the Indian-origin executive named as President of U.S. database behemoth Oracle during January 2015 . He belongs to which state? 

1. Karnataka

2. Kerala

 3. West Bengal

4. Maharashtra

 5. Tripura 

Explanation: Thomas Kurian. He belongs to Kerala. Thomas Kurian is President of Product Development at Oracle Corporation. 


5)  Who among the following has been chosen for the prestigious Vikram Sarabhai Memorial Award for 2015 presented by the Indian Science Congress Association (ISCA)?

1. M.Y.S. Prasad

2. M K Murthy

3. V K Guruprakash

4. B N Madhusudhan

5. R. Ranga nayak 

Explanation: M.Y.S Prasad. He is the Director of Satish Dhawan Space Centre, Sriharikota Range (SHAR). 


6)  The number of MOUs that have been signed on the Inaugural Day of Vibrant Summit held in Gujarat are...............?

1. 32

 2. 31

3. 33

4. 34

 5. 35

Explanation: Thirty One. A major MoU was signed between World Bank, Government of India and the Gujarat Government, according to which the World Bank will support Gujarat in the `Swachhta Abhiyan` or cleanliness mission, and build smart cities. 


7)  Idukki is the district of which state that is connected and commissioned with India`s first Hi-speed Rural Broadband Network (National Optical Fibre Network) on 12th Jan`15?

1. Kerala

2. Karnataka

3. West Bengal

4. Telengana

5. Andhra Pradesh

Explanation: Idukki district of Kerala. National Optical Fibre Network (NOFN) offers lot of people`s friendly services like E-health, E-Commerce and E-Education. Under the Digital India programme, all 2.5 lakh Gram Panchayats in the country will be connected on optical fibre. 


8)  Whom among the following birth anniversary \was celebrated as National Youth Day in India on 12th January?

1. Netaji subhash Chandra bose

 2. Jawaharlala Nehru

3. Swami vivekananada

4. Ramakrishna Pramahansa

 5. Adhi sankaracharya 

Explanation: Swami Vivekananda. It was the 152nd Birth Anniversary of Swami Vivekananda. He is best known for his inspiring speech which began, "Sisters and brothers of America, in which he introduced Hinduism at the Parliament of the World`s Religions in Chicago in 1893. 


9)  Which mission announced by the Union Minister of Environment Mr. Prakash Javdekar on 12th Jan`15 that will ensure Water Conservation in India?

1. Water literacy mission

2. Water for all mission

 3. Total sanitary mission

4. National water mission

 5. None

Explanation: "Water Literacy Mission". Acc. to Prakash Javdekar, Public awareness is most needed for water conservation and for protection of natural resources. 


10)     On 12th Jan`2015With which Institute among the following , Memorandum of Understanding Signed Between Security Printing and Minting Corporation of India Ltd (SPMCIL) for Undertaking Research and Development Activities and Dissemination of Knowledge and Research Training in Area of Pulp & Currency Paper?

1. Central Pulp & Paper Research Institute (CPPRI)

. 2. Regional Paper Research Institute

 3. National Pulp & Paper Research Institute (NPPRI).

 4. Kumarappa National Handmade Paper Institute

5. None

Explanation: Central Pulp & Paper Research Institute (CPPRI). It is a national level institute under the administrative control of Department of Industrial Policy & Promotion, Ministry of Industry, and Government of India.


11)     On the Shri ram sene Group, which state Government has extend the ban for next six months and to operate in the state?

1. Tripura

2. Telengana

3. Goa

4. Gujarath

 5. Maharashtra

Explanation:  Shri Ram Sene. The outfit was banned on August 20, 2014, from entering Goa till December 2014. The organisation had hit the headlines in 2009 after its members attacked boys and girls at a pub in Mangalore.


12)     On 8th Jan`15, In which city, PM Narendra Modi inaugurated the state-of-the-art Dandi Kutir, a museum on the life and works of Mahatma Gandhi?

1. Vadodara

 2. Sabarmathi

3. Kutch

4. Gandhinagar

5. Ahmedabad 

Explanation:  Gandhinagar. Dandi Kutir` is located inside a 41-metre high salt-mound as a symbol of Gandhi`s famous Dandi march against the salt tax provisions imposed by the British regime in March 1930.


13)     Which German Newspaper attacked as fall out for reprinting Charlie Hebdo Cartoon on 11thJan`15?

1. Hamburger Morgen Post.

2. Hamburger Abendblatt.

 3. Hamburg

4. Bild Hamburg.

 5. None

Explanation: Hamburger Morgen Post. The Hamburger Morgenpost (Hamburg Morning Post) (also known as Mopo) is a daily German newspaper published in Hamburg in tabloid format.As of 2006 the Hamburger Morgenpost was the second-largest newspaper in Hamburg 


14)     How much percent of Industrial Production grew at a 5-month high of_________Percent in November 2014.?


 2. 4.2%

3. 1.1%

4. 3.9%

 5. 3.8%

Explanation: 3.8%. It happens due to improvement in manufacturing and mining sectors as well as better off take of capital goods.


15)     Who is the world heavyweight boxing champion whose birth anniversary was celebrated on 12thJanuary and he fought in the famous "Thrilla in Manila" in 1975?

1. Myke Tyson

 2. Mohammad Ali

3. Andrew Lewis

 4. Joe Fraizer.

5. Mark taylor

Explanation: Joe Fraizer. Joe Frazier. He was born in Jan`12, 1944. 


16)     How much amount of money is attracted by the Vibrant Gujarat Summit?

1. 21000 Crore

 2. 35Lakh Crore

3. 25LakhCrore

 4. 3400 Lakh crore

 5. 45 lakh crore

Explanation: Rs. 25 lakh Crore. Two day Summit has inked 21 thousand Memoranda of Understanding (MoUs) and 1,225 strategic partnership agreements. 


17)     Christiano Ronaldo is the person Who has won the FIFA Ballon d`Or award for 2014, earning the title of world`s best football player for the ..............time?

1. 3rd

2. 4th

3. 1st

 4. 2nd

5. 7th

Explanation: Christiano Ronaldo has won the FIFA Ballon d`Or for the best player in the world for the third time following previous wins in 2008 and 2013, while Germany midfielder Nadine Kessler has claimed her first-ever FIFA Women`s World Player of the Year award. 


18)     Identify the Cricket Team among the following that has recorded highest run chase in T-20 History on 11th Jan`15?

1. Pakistan

 2. West indies

3. Bangladesh

4. Srilanka

5. Australia

Explanation: West Indies completed the highest run chase in Twenty20 history as they beat South Africa by four wickets in a thrilling game in Johannesburg.


19)     Who won the Women tennis player in the Brisbane International Tennis 2015 title which was held on 10th Jan`15?

1. Ana Ivanovic.

 2. Maria Sharapova.

3. Serene Williams.

4. John Isner

5. None

Explanation: Maria Sharapova claimed her 34th career title and closed the gap on the No. 1 ranking with win over Ana Ivanovic on in the Brisbane International final.


 49) Ajay makan is the leader appointed by Congress Campaign Committee for which state Assembly Polls on 13th Jan`2015?Ans:(3)
1. Gujarath 2. Maharashtra 3. Delhi 4. Puducherry 5. Goa 

Explanation: Ajay Makan .Mr Maken`s name was announced by party leader P C Chacko at a briefing in New Delhi. 


20)     Name the person Who has been appointed as Vice Chairman of NITI Aayog?

1.Bibek Debroy

2. V.K. Saraswat

3. Suresh prabhu

 4. Arvind Panagariya

5. Padma dixith

Explanation: Arvind Panagariya. He is an Indian-American economist and Professor of Economics at Columbia University and an ex-Chief Economist at the Asian Development Bank.