Current Affairs Mega Capsule 2014 New Updated Current Affairs Mega GK Capsule 2014 April 2014 to October 2014 This is a the latest updated mega current affairs GK capsule with more than 1000 objective questions, more than 1000 Points to Remember and more than 200 pages. This capsule covers period from April 2014 to October 2014. Subsequent add on will be added every week. You can download this free Current Affairs Capsule which is specially designed for upcoming IBPS Clerk, SBI Associates PO and SSC Exams. These questions are in sequential order and answer of some earlier questions may have changed. Objective Questions on Current Affairs April 2014 to October 2014 Question: Japan signed on April 1, 2014 a loan agreement with India to provide ______ for the development of water supply project in Agra? A) 350 cr B) 960 cr C) 700 cr D) 1000 cr Answer & Explanation: Japan signed on April 1, 2014 a loan agreement with India to provide “960 cr” for the development of water supply project in Agra. Question: The armies of Nepal and India held a joint military exercise named ______ at the Integrated Army Training Centre (IATC) at Saljhandi in Rupanddehi district of southern Nepal. A) Indra B) Combat C) Surya Kiran D) Yudh Abhyas A compilation of www.study-places.com Page 1 Current Affairs Mega Capsule 2014 Answer & Explanation: Nepal and India held a joint military exercise named Surya Kiran. Question: The third edition of the global Nuclear Security Summit (NSS) 2014 was held at? A) Brussels B) Hague C) Belgium D) New Delhi Answer & Explanation: Third edition of the global Nuclear Security Summit (NSS) 2014 was held at Hague. Question: What was the name of The Malaysia Airlines flight that has vanished when flying over the Ho Chi Minh air traffic control area in Vietnam on March 8, 2014 as it flew from Kuala Lumpur to Beijing with 239 people on board? A) B7777 B) Deer Jet 370 C) MH370 D) Air Juneyao Answer & Explanation: MH370 was the name of The Malaysia Airlines flight. Question: When World Water Day is celebrated? A) May 3 B) March 22 C) April 15 D) March 8 Answer & Explanation: World Water Day is celebrated on March 22. Question: Crimea has recently in news. Crimea now became a part of which country? A) France B) Russia C) Ukraine D) Germany Answer & Explanation: Crimea now became a part of Russia. A compilation of www.study-places.com Page 2 Current Affairs Mega Capsule 2014 Question: What was the Bank Rate as on April 1, 2014? A) 6.5% B) 9.0% C) 8.0% D) 7.5% Answer & Explanation: Bank Rate as on April 1, 2014 was 9%. Question: What was the Cash Reserve Ratio as on April 1, 2014? A) 3.0% B) 4.0% C) 6.0% D) 5.0% Answer & Explanation: Cash Reserve Ratio as on April 1, 2014 was 4.0%. Question: What was the Base Rate as on April 1, 2014? A) 8.3%-10.30% B) 7.0%-9.0% C) 9.80%-10.25% D) 10.20%-12.0% Answer & Explanation: Base Rate as on April 1, 2014 was 9.80%-10.25%. Question: The Reserve Bank of India on March 27, 2014 said that it had extended the deadline for Indian banks to meet capital requirements under the so-called Basel III norms by the year to____. A) March 31, 2017 B) March 31, 2019 C) March 31, 2016 D) March 31, 2020 Answer & Explanation: March 31, 2019 Question: The Reserve Bank of India has extended the ‘ECB’ window for Indian airlines to raise money from abroad to March 2015, against the earlier deadline of December 2013. What is the full form of ECBs? A) Estimate Commercial Borrowings A compilation of www.study-places.com Page 3 Current Affairs Mega Capsule 2014 B) Elaborate Commercial Borrowings C) External Commercial Borrowings D) Expansive Commercial Borrowings Answer & Explanation: Full form of ECBs is External Commercial Borrowings. Question: In the end of December 2013, India’s external debt stood at? A) $ 456 billion B) $426 billion C) $ 300 billion D) $ 280 billion Answer & Explanation: India’s external debt stood at $426 billion. Question: Reserve Bank of India on March 14, 2014 entered into an agreement with Financial Services Agency (FSA) for cooperation in the area of banking supervision. FSA is an organization responsible for overseeing banking, securities and exchange, and insurance in order to ensure the stability of the financial system. FSA is an Organization of which country? A) Vietnam B) America C) Japan D) Russia Answer & Explanation: FSA is an Organization of Japan. Question: What is/are the name of applicant/applicants, RBI granted ‘in- principal’ approval to open a bank recently? A) IDFC B) Bandhan Financial C) Larsen $ Toubro D) Only A and B Answer & Explanation: Only A and B Question: What was the name of the committee that recommended that the two applicants are suitable for grant of ‘in-principal’ approval of Bank Licences? A) Rajan Committee B) Hanthi Committe A compilation of www.study-places.com Page 4 Current Affairs Mega Capsule 2014 C) High Level Advisory Committee D) Jalan Committee Answer & Explanation: High Level Advisory Committee Question: What is the name of Managing Director & CEO of Infrastructure and Development Finance Company (IDFC)? A) S.K. Jain B) Vikram Limaye C) S.R. Bansal D) Arun Tiwari Answer & Explanation: Vikram Limaye is the Managing Director & CEO of IDFC. Question: Which zone of India won the Deodhar Trophy 2014 in Visakhapatnam on March 27, 2014? A) North Zone B) South Zone C) West Zone D) Central Zone Answer & Explanation: West Zone won the Deodhar Trophy 2014. Question: Who clinched the 2014 Asia Cup trophy with a comfortable five- wicket victory over defending champions Pakistan? A) India B) Sri Lanka C) Bangladesh D) Afghanistan Answer & Explanation: Sri Lanka clinched the 2014 Asia Cup trophy. Question: What was the name of South African, international cricketer, who has announced his retirement from all forms of the game? A) Herschelle Gibbs B) AB de Villiers C) Graeme Smith D) Dale Steyn A compilation of www.study-places.com Page 5 Current Affairs Mega Capsule 2014 Answer & Explanation: Graeme Smith has announced his retirement from all forms of the game. Question: Who won their maiden Vijay Hazare Trophy defeating Railways by four wickets in the low-scoring final in Kolkata on March 16, 2014? A) Madhya Pradesh B) Mumbai C) Uttar Pradesh D) Karnataka Answer & Explanation: Karnataka won their maiden Vijay Hazare Trophy. Question: Who has been appointed as the Interim President of the Board of Control for Cricket in India (BCCI) on March 28, 2014? A) N. Srinivasan B) Sunil Gavaskar C) Jagmohan Dalmiya D) Krishnamachari Srikkanth Answer & Explanation: Sunil Gavaskar has been appointed as the Interim President of BCCI. Question: Who has emerged as the champion of the Prestigious Bundesliga title in record time by defeating Hertha Berlin 3-1 on March 25, 2014? A) FC Augsburg B) Bayer Leverkusen C) Bayern Munich D) Borussia Dortmund Answer & Explanation: Bayern Munich has emerged as the champion of the Prestigious Bundesliga title. Question: Who won the 68th senior national football championship or Santosh Trophy by defeating Railways 3-0 in the final played at Kanchenjunga Stadium in Siliguri, West Bengal? A) Uttar Pradesh B) Tamil Nadu C) Karnataka A compilation of www.study-places.com Page 6 Current Affairs Mega Capsule 2014 D) Mizoram Answer & Explanation: Mizoram won the 68th senior national football championship. Question: Who emerged as the champion of the fourth Hockey India Women’s National Championships by beating Haryana 4-0 in the final in Bhopal on March 23, 2014? A) Goa B) Railways C) Services D) Madhya Pradesh Answer & Explanation: Railways emerged as the champion of the fourth Hockey India Women’s National Championships. Question: Who has been appointed the coach of the National men’s hockey team on March 26, 2014? A) V. Basakaran B) Jude Felix C) Terence Walsh D) Harendra Singh Answer & Explanation: Jude Felix has been appointed the coach of the National men’s hockey team. Question: Who lifted the Vasan Eye Care-ITF Men’s Futures Tennis Championship title on March 22 in Tiruchi? A) Enrique Lopez-Perez B) N. Sriram Balaji C) Victor Recio D) M. Safwat Answer & Explanation: Enrique Lopez-Perez lifted the Vasan Eye Care-ITF Men’s Futures Tennis Championship title. Question: Who thrashed China Li Na by 7-5, 6-1 in the final on March 29 in Miami to clinched a record seventh Sony open title? A) Agnieszka Radwanska A compilation of www.study-places.com Page 7 Current Affairs Mega Capsule 2014 B) Serena Williams C) Victoria Azarenika D) Maria Sharapova Answer & Explanation: Serena Williams clinched a record seventh Sony open title. Question: Who won the Arnold Palmer PGA Tour golf title at Orlando, Florida on March 23, 2014? A) Jason Day B) Tiger Woods C) Matt Every D) Adam Scott Answer & Explanation: Matt Every won the Arnold Palmer PGA Tour golf title. Question: Who won the sixth Kolkata Open International Chess Tournament on March 27, 2014? A) Magnus Carlsen B) Oliver Barbosa C) Alexander Grischuk D) Fabiano Caruana Answer & Explanation: Oliver Barbosa won the sixth Kolkata Open International Chess Tournament. Question: Who emerged as the champion of the World Candidates Chess Tournament in the 12th round with one round to spare at Khanty Mansisyk, Russia on March 29, 2014? A) Levon Aronian B) Magnus Carlsen C) Vladimir Kramnik D) Viswanathan Anand Answer & Explanation: Viswanathan Anand emerged as the champion of the World Candidates Chess Tournament. Question: Who emerged as the winner of the season-opening Australian Grand Prix on March 16, 2014 at the Albert Park circuit in Melbourne? A compilation of www.study-places.com Page 8 Current Affairs Mega Capsule 2014 A) Sebastian Vettel B) Nico Rosberg C) Lewis Hamilton D) Ferando Alonso Answer & Explanation: Nico Rosberg emerged as the winner of the season- opening Australian Grand Prix.