SSC CGL Current Affairs Questions 2015 - Economics MSQs

SSC Common Graduate Level Examination Current Affairs Questions 2015

Questions 1. Despite a sharp rally in the stocks markets, fund raising through Initial Public Offerings (IPO) in 2014 fell to the lowest level since 2001. Companies raised just ₹ 1,528 Crores from all IPOs (including that from SMEs) in 2014, a ......... year on year (Y-O-Y) drop.
a. 4.5%

b. 3.5%
c. 5.5%
d. 5.6%

Question 2. At nearly ₹ 160 per sq. ft per annum, Delhi's Central Business District (CBD) if Connaught Place bagged the ........... CBRE's Survey released on December 30, 2014. London's West End remained the world's highest priced office market.
a. Fifth
b. Sixth
c. Seventh
d. Eight

Question 3. A surge in Gold & Silver imports pushed India's trade deficit to ....... in April-November 2014.
a. $ 100-6 billion
b. $ 110.6 billion
c. $ 90.6 billion
d. None of these

Question 4. In which of the following place, the IISCO Steel Plant of Steel Authority of India Ltd (SAIL), proposed to commission 2.5 million tonne per annum steel plant, which faced myriad  trials & challenges since its conception in 2006, is located ?
a. Burnpur, Asansol (W.B)
b. Ranchi (Jharkhand)
c. Rourkela (W.B)
d. Slem (T.N)

Question 5. On December 29, 2014, the Union Cabinet approved hike of Government stake in IFCI to 51 percent by infusing .......... rupees by way of acquisition of preference shares from existing share holders. As a consequence, India's oldest financial institution Industrial Finance Corporation of India (IFCI) will become a government owned company.
a. 75 crores
b. 60 crores
c. 65 crores
d. 55 crores

Question 6. Which of the following is not a part of India's money market ?
a. Mutual Fund
b. Bill Market
c. India Gold Council
d. Banks

Question 7. Recently, which of the following is merged with Kotak Mahendra Bank creating the fourth largest private sector bank in the country ?
a. ING Vysya Bank
b. Karur Vysya Bank
c. Yes Bank
b. ICICI Bank

Question 8. Commercial property & real estate services constituting fire CBRE Group on 17th December 2014 released the semi-annual Global Prime Office Occupancy Costs survey 2014 . Which of the following statement is not true pertaining to this survey ?
1. The study revealed the top 50 most expensive office markets in US Dollars per square feet per annum.
2. The research shows that London's West End remained the world's highest-priced office market with a rate 273.63 US Dollars per square feet per annum.
3. CBRE tracks the occupancy costs for prime office space in 400 markets around the globe.
a. Only 2
b. Only 3
c. Both 1 & 2
d. Both 1 & 3

Question 9. After a monsoon - deficit kharif season that is expected to dent foodgrain output, sowing of rabi, the winter crop, is lagging behind last year's average by ....... percent as per data released by the Union Agriculture Ministry on December 26, 2014.
a. 7%
b. 6%
c. 5%
d. 4%

Question 10. Which of the following statement/s is true regarding an aggrement relating to monetary affairs signed between China & Nepal on 23 December, 2014 ?
1. The agreement was signed to expand the use of their currencies for border trade.
2. It was signed between the People's Bank of China (PBOC) & Nepal Rastra Bank (NRB).
3. According to the agreement, the two countries will use their local currenciesi.e. Yuan & Nepal Rupee from settlement in both cross border trade & ordinary trade activities.
a. Both 1 & 2
b. Both 2 & 3
c. Only 1
d. All the above

Answers - (1-d), (2-b), (3-a), (4-a), (5-b), (6-c), (7-a), (8-b), (9-c), (10-a)