Economy Current Affairs
November 4th Week 2014 Current Affairs
Category : Economy Current Affairs
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 1)  Name the city,in which the Indian Cotton Conference 2014 has been inaugurated on 15thNov`14?

Ans : (1)
1. Gurgaon

 2. Pune

3. Hyderabad

 4. Secunderabad

5. Kochi


Explanation: The theme of this year`s conference is "Adapt, Change and Innovate".


2)  The first phase of Modified Direct Benefit Transfer for LPG (DBTL) scheme has been launched on 15th Nov`14, In how many districts?

Ans: (2)
1. 34

 2. 54

3. 67

 4. 12

 5. 23

Explanation: 54 Districts of 11 states. In the modified scheme, LPG consumers can get cash subsidy to buy the cooking fuel at market price.


 3.Which state has become the first state to see the roll out of Modified Direct Benefit Transfer for LPG (DBTL) Scheme in all its districts?

1. Karnataka

2. Goa

3. Kerala

4. Gujarath

5. Telengana

Explanation: DBTL Scheme has been launched in all its 14 districts where the Aadhar penetration is 92%.


3)  How many states and union territories have achieved 100% banking inclusion under the under the Pradhan Mantri Jan Dhan Yojana (PMJDY)?

Ans: (1)
1. 3 states & 2 UT

 2. 1 State & 4 UT

3. 5 States & 1 UT

 4. 6 States & 3 UT

5. 1 State & 1 UT

Explanation: Kerala, Goa, Chandigarh, Puducherry & Lakshwadeep.


4)  According to the decision made by Union Ministry of Human Resource Development, which language will be used as a third language in schools of Kendriya Vidyalaya (KVs) in place of German language?


1. Hindi

2. Sanskrit

 3. Oriya

 4. Telugu

 5. Tamil

Explanation: The decision to discontinue German was taken after the meeting of Board of Governors of Kendriya Vidyalaya Sangathan (KVS) on 27th Oct`14.


 6.The decision to discontinue German was taken after the meeting of Board of Governors of Kendriya Vidyalaya Sangathan (KVS) on 27th Oct`14.?

1. Ratan Tata

2. Anil Ambani

 3. Mukesh Ambani

4. Sunil Mittal

5. Vijaya Malya

Explanation: Ratan Tata, Chairman of TATA Sons. The board is headed by Prince Albert II of Monaco and former Lebanese Deputy Prime Minister Elias Murr.


 7) Identify the remote sensing satellite launched by the China from Taiyuan Satellite Launch Centre on 15th Nov`14?

1. Yaogan-23

2. Yogan-56

 3. Yonan-67

4. Yuogan-23

5. None

Explanation: Yaogan-23. It will be used mainly for scientific experiments, natural resource surveys, crop yield estimates and disaster relief.


 8) Who is the first male ever chosen as UN Women Goodwill Ambassador for South Asia?

1. Farhan Akhtar

 2. Saroj Khan

 3. Sunitha Chandrabose

4. Sujana Chaudary

 5. None

Explanation: Farhan Akhtar, Bollywood Actor, Director & Producer.


 9) Mitchell Johnson was declared as the ICC Cricketer of the Year and ICC Test Cricketer of the Year on 15th Nov`14. He belongs to which country?

1. Australia

2. Kenya

3. India

4. South Africa

5. Srilanka

Explanation: Mitchell Johnson, Australian Fast Bowler. He won this award for the second time.


 10) What is the Name of the player who won the women`s single title of the China Open Super Series Premier in Fuzhou, China on 16th Nov`14?

1. Saina Nehwal

 2. Akane Yamaguchi

 3. Yokan Mudgache

 4. Heena Sindhu

5. None

Explanation: Saina Nehwal. She defeated Akane Yamaguchi of Japan.


 11) What is the Name of the player who won the men`s single title of the China Open Super Series Premier in Fuzhou, China on 16th Nov`14?

1. K. Srinivas

 2. K. Srikanth

 3. A.Suresh

 4. Nico Rosberg

5. Lin Dan

Explanation: He defeated Lin Dan of China to register his maiden super series title.


 12) Who is the player who was crowned champion of 2014 ATP World Tour finals on 16thNov`14 after Roger Federer withdrew from the title clash due to a back injury?

1. Novak Djokovic

2. Roger Federer

 3. Andri Agassi

4. Johnson Nicolas

 5. None

Explanation: Novak Djokovic, World No. 1 Player. This was Djokovic`s fourth season ending title and he also became the first man to win three World Tour Finals titles on the trot since Ivan Lendl in the 1980s.


 13) Who is the women player who won the single title in the CCI-ITF Women`s tennis tournament in Mumbai on 16th Nov`14?

1. Marina Melnikova

 2. Tadeja Majeric

3. Tandolas Mysnicor

4. Maria Sharapova

 5. None

Explanation: Marina Melnikova, Russia. She defeated Tadeja Majeric of Slovakia.


 14) Indian Cricket team won 5 matches ODI series by 5-0 on 16th Nov`14, Against which team?

1. Srilanka

2. Pakistan

 3. Bangladesh

4. South Africa

 5. West Indies

Explanation: Mathews was adjudged man of the match, while Kohli was named man of the series.


 15) Among the following What is the new tagline of DD National Channel re-launched by Prasar Bharti on 17th Nov`14?

1. Desh Ka Apna Channel

 2. Rashtriya Channel

 3. Hindustano ka Channel

 4. Desh Ka Channel

5. Apna Channel

Explanation: "Desh ka Apna channel". The channel will be repackaged in new colors - purple and pink. From 17th Nov, a repackaged channel with fresh content will be beamed to viewers across the country.

  16) Which village was adopted by Rajya Sabha MP Sachin Tendulkar on 16th Nov`14 under the `Sansad Adarsh Gram Yojana` programme?

1. Puttamrajuvari Kandrika

 2. Puttadi Bommavari Gramam

3. Rajolu Village

4. Ryali Village

 5. Vellankivari Village

Explanation: Puttamrajuvari Kandrika village is at Nellore District of Andhra Pradesh.


 17) What is the manufacturer of World`s Largest GFRG (Glass Fibre Reinforced Gypsum) Panel "Gypwall" unveiled at the India International Trade Fair 2014?






Explanation: The panel is manufactured by FACT-RCF Building Products Limited - a joint venture of Fertilisers and Chemicals Travancore Limited (Kochi) and Rashtriya Chemicals and Fertilisers Limited (PSU) under Ministry of Chemicals & Fertilisers ministry.


 18) Which developed country among the following , whose economy unexpectedly slipped into recession in the third quarter (July-Sep`14)?

1. Japan

 2. China

 3. USA

 4. Britain

 5. None

Explanation:  Japan had already observed a huge fall of 7.3% during the second quarter (April-June 2014) following a rise in the national sales tax.


 19) Among the following , Along which belt, China National Tourism Administration (CNTA) on 16th Nov`14 announced that it will promote travel by Chinese tourists to countries in 2015?

1. Silk Road Belt

 2. Cotton Road Belt

3. Jute Road Belt

4. Crape Road Belt

5. Satin Road Belt

Explanation: Silk Road belt. China proposed to promote the Silk Roads including ancient Silk Road that connects China to Europe through Central Asia. The proposal comprises of three corridors.


 20) Who is the renowned classical vocalist who has been conferred with Sumitra Charat Ram Award for Lifetime Achievement on 17th Nov`14?

1. Pandit Jasraj

 2. Pandit Kaushik

 3. Pandit Suhana

 4. Pandit Jaswanth Singh

5. Pandit raman

Explanation: Pandit Jasraj. The award is instituted in the name of noted Indian arts patron, impresario and the founder of Shriram Bharatiya Kala Kendra, Sumitra Charat Ram who played a key role in the revival of performing arts, especially Kathak in the post-independence era.


 21) When did the government re-launched Kisan Vikas Patra scheme in New Delhi to encourage the habit of small savings among citizens?

1. 18 Nov

2. 19 Nov.

3. 20 Nov

4. 21 Nov

5. 22 Nov

Explanation: 18th Nov`14. Kisan Vikas Patra a certificate savings scheme was launched by the Government on 1st April, 1988.


 22) At which place Fourth India-China Joint Training Exercise Hand-in-Hand 2014 began on 17thNov`14?

1. Maharashtra

 2. Madhya Pradesh

3. Goa

 4. Telengana

5. Kerala

Explanation: Pune, Maharashtra. Exercise Hand-in-Hand 2014 is expected to develop mutual understanding and respect for each other`s military.


 23) Among the following Which country`s church has broken a centuries-old tradition by paving the way for the appointment of female bishops on 17th Nov`14?

1. Church of England

2. Church of Italy

 3. Church of Indonesia

 4. Church of Britain

5. Church of Australia

Explanation: The Church of England. The general synod, the law-making body of the Church of England, had voted to back plans for female bishops back in July and following 17th Nov`14 decision, the first female bishops will be in place by early next year.


 24) According to the report released by the Institute of International Education (IIE) on 17th Nov`14, in which country the number of international student is at a record-high?

1. United states

2. Australia

 3. Canada

4. Britain

5. England

Explanation:  The number of international students studying in the United States is at a record high with nearly one-third of them coming from China, followed by India that sent over over lakh students to the country in 2013-14.


 25) What is the Name of the child who has been selected for the first-ever bravery award given by Assam government on 17th Nov`14?

1. Rohan Sharma

 2. Gunjan Sharma

 3. Gurudev Sharama

4. Rohit Sharma

 5. Sunil Verma

Explanation: Gunjan Sharma (15 year old). She has been awarded for saving lives of 10 school children last year. The brave girl volunteered to be taken hostage by a gunman but later managed to escape from the forest area along the Assam- Nagaland border.


 26) In which panel inquiry report on IPL spot fixing has given a complete clean-chit to former BCCI Chief N. Srinivasan on 17thNov`14?

Ans : (1)

1. Mukul Mudgal

2. Shah Committee

3. Sri Krishna Committee

4. Parathasarathy Shome

 5. None


Explanation:  Justice Mukul Mudgal Panel. As per the report, N. Srinivasan was involved in match-fixing or illegal betting while Raj Kundra (Rajasthan Royal Owner) and Gurunath Meiyappan (Chennai Super Kings team owner) were found involved in the betting activities.


 27) Nam the person Who has been awarded with the IIM-JRD Tata Award for Excellence in corporate leadership in Metallurgical Industries for the year 2014?

Ans: (1)
1. C S Verma

 2. K S Gunjal

 3. V S Kinjal

4. B B Verma

5. C K Sharma

Explanation: C S Verma, He was Formerly Chairman of Steel Authority of India Limited (SAIL).


 28) What is the Name of the indigenously developed surface- to- air missile successfully test-fired from the Integrated Test Range (ITR) at Chandipur off Odisha coast on 18th Nov`s14?

1. Agni

2. Akash

3. Bhoomi

 4. Vayu

 5. Rudra

Explanation: Akash Missile. Akash` missile is a medium range surface-to-air anti-aircraft defence system with a strike range of 25 km and can carry a warhead of 60 kg.


 29) The Birth Anniversary of Indira Gandhi was observed in India on ?.

Ans: (1)
1. 19 Nov.

 2. 20 Nov

3. 21 Nov

4. 1 Nov

5. 2 Nov

Explanation: On 19th Nov`14, Indira Gandhi 97th birth anniversary will be observed.


 30) Which committee was constituted to review the processes, laws and Acts of the Ministry of Environment, Forests and Climate Change that submitted its report on 18th Nov’14?

1. TSR Subranamiam Committee

2. TSR Chandrasekhar Committee

3. TKR Ramarao Committee

 4. TVR Suryanarayan Committee

5. None

Explanation: The Ministry of Environment, Forests and Climate Change had appointed the Committee to review the Environment (Protection) Act, Forest (Conservation) Act, Wildlife (Protection) Act, The Water (Prevention and Control of Pollution) Act, and The Air (Prevention and Control of Pollution) Act.

  31) World Toilet Day was observed across the world on?

1. 19 Nov

 2. 20 Nov

3. 21 Nov

4. 22 Nov

5. 23 Nov

Explanation: The theme for this year`s UN World Toilet Day is "Equality, Dignity and the Link Between Gender-Based Violence and Sanitation", which seeks to raise awareness on the threat of sexual violence that women and girls face due to the lack of privacy as well as the inequalities present in toilet usability.


 32) PM Narendra Modi left for which country on 18th Nov`14 , After concluding the visit of Australia?

1. Fiji

2. Kenya

3. USA

4. Canada

5. Britain

Explanation: Mr. Modi will meet his counterpart, Josiah V Bainimarama in Fiji.


 33) Which commission submitted its report on 2002 Gujarat riots to CM Anandiben Patel on 18th Nov`14?

1. Nanavati Commission

2. Nanarang Commission

 3. Navyrang Commission

4. Nanaji Commission

 5. None

Explanation: Earlier, the Commission had already handed over its interim report to then Chief Minister Narendra Modi in September 2008, which was later tabled in the state assembly.


 34) According to poll promise, in which state BJP led government, is all set to close down nearly 50 toll collection centres in the next 2 months?

1. Maharashtra

2. MadhyaPradesh

3. Goa

4. Telengana

 5. Andhra Pradesh

Explanation: The government is considering to abolish those toll nakas that are either on the verge of completing their collection tenure or have less than Rs 10 crore pending towards contractors.


 35) Name the state assembly in which , Opposition Congress Members have been suspended for the day on 18th Nov`14?

1. Telengana

2. Andhra Pradesh

 3. Gujarath

4. Goa

5. Bihar

Explanation: Speaker Madhusudhanachary suspended the Congress members except the opposition leader Jana Reddy as they continued to obstruct the proceedings for the second consecutive day over defections issue.


 36) Name the Bank With which , Indian Renewable Energy Development Agency (IREDA) signed a Memorandum of Understanding (MoU) on cooperation on clean energy investment on 18th Nov`14?

1. US-Exim Ban

 2. US Federal Bank

 3. Western Union money Transfer


 5. HDFC

Explanation: The Bank will provide USD one billion for medium and long-term loans to finance US technologies, products and services utilized during commercial development activities within the clean energy sector by IREDA.


 37) Who has released the 3rd Edition of "The Business Year 2014"?

1. Dubai FDI


3. Canada , FDI

 4. Srilanka FDI

 5. None

Explanation: Dubai FDI, the investment development agency. The publication comprised of 160 interviews from top executives and government officials showcases the business and investment landscape in Dubai.


 38) Who is the coach of Indian Hockey to quit his position on 18th Nov`14 after his contractual talks with Hockey India and the Sports Authority of India (SAI) broke down?

1. Terry Walsh

2. Rosberg Nicolas

3. Nike Rodger

 4. Waltey John

5. None

Explanation: However, a fresh proposal will be sent to him in the next couple of days for his consideration, leaving the door still open for his return to India.


 39) Which cricket player will receive the annual Polly Umrigar Award, for being India`s best international cricketer of the 2013-14 season?

1. Bhuvaneshwar Kumar

 2. Shikhar Dhawan

3. M S Dhoni

 4. Virendra Sehwag

 5. None

Explanation: Bhuvneshwar Kumar, fast bowler. He has represented India in 11 Tests and 42 ODIs apart from an impressive domestic career for Uttar Pradesh and an IPL representation.


 40) Who among the following has been nominated as the Director of Central Board of Directors of the RBI?

1. Hasmukh adhia

 2. Hansraj Adishwar

3. Harisarvothama rao

4. Harish karnad

5. None

Explanation: Hasmukh Adhia. At present he is a Secretary of Department of Financial Services.


 41) Who among the following will be the Chairman and Managing Director of the Coal India Ltd.?

1. Sutritha Bhattacharya

2. Aundathi Bhattacharya

 3. Aruna rani

4. Anitha Israni

 5. None

Explanation: He is currently on super-annuation and last served as the CMD of Singareni Collieries Company. .


 42) Name the author of the book `Truth Always Prevails`?

1. Sadruddin Haswani

2. Mohammed Hashwani

3. Syed Hashwani

4. Mohammed Sadruddin

5. None

Explanation:  Sadruddin Hashwani. `Truth Always Prevails` is a memoir of not only the struggles of the eventful life of an entrepreneur but also an in-depth account of Pakistan through economic and evolutionary highs and lows.


 43) In India Birth Anniversary of Ranilaxmi Bai was observed on which day?

1. 19th nov

2. 20th nov

3. 21 nov

4. 22 nov

 5. 23 nov

Explanation: It was 186th birth anniversary of Rani Laxmi Bai. .


 44) Which country was topped the Global Terrorism Index list released by London based Economics and Peace in Nov`14?

1. Iraq

2. Iran

3. Israel

 4. Pakistan

5. Afghanistan

Explanation: It was followed by Afghanistan and Pakistan with Nigeria and Syria in fourth and fifth places respectively.


 45) Name the state which has set up Rani Laxmi Bai women empowerment Fund, like the Nirbhaya Fund, to help out women needing monetary assistance on 19th Nov`14?

1. Telengana

2. Uttar Pradesh

3. Kerala

4. Delhi

5. Goa

Explanation: Chief Minister Akhilesh Yadav inaugurated the Modern Control Room (MCR) at Lucknow on the birth anniversary of Rani Laxmibai. This fund will be of 100 crores.


 46) Which bank has launched the `BMBSmartBanking`, an internet based facility on 19th Nov`14?

1. Bharatiya Mahila Bank

 2. Axis bank

 3. Canara Bank

 4. Andhra ank

5. SBI

Explanation: On the occasion of completing one year on 19th Nov`14, BMB has also launched a newly designed website.


 47) What is the Name of the Ashram from where the controversial `godman` Sant Rampal was arrested on 19th Nov`14?

1. Satlok Ashram

 2. Satyalok Ashram

3. Vinayalok ashram

4. Seetharam Ashram

 5. None

Explanation: Satlok Ashram, located in Barwala, Hisar (Haryana). .


 48) Basuki Tjahaja Purnama is the first Christian governor of which country in nearly 50 years who was sworn in on 19 Nov`14, despite protests from religious hardliners opposing a non-Muslim taking over this post?

1. Jakarta

2. Pakistan

3. Iraq

 4. Afghanistan

5. Iran

Explanation: He is also known as `Ahok`.


 49) Which among the following is the newly launched e-mail application launched by tech giant IBM that integrates social media, file sharing and analytics?

1. Verse

2. Curse

3. Searce

 4. Cease

 5. Mercy

Explanation: `Verse`. With this application employees can access emails, calendars, file sharing, instant messaging, social updates and video chats seamlessly.


 50) According to the biannual Top 500 list released in Washington on 17 Nov`14, name the supercomputer rated as the world`s fastest supercomputer for the fourth consecutive year?

1. Tianhe-2

 2. Param-3

3. Tianec-6

4. Tiano-2

5. Pram-2

Explanation: Tianhe-2, Chinese Supercomputer. It was followed by Titan Supercomputer (United States) and Sequoia Supercomputer.