Current Affairs Objective Questions RRB,SSC,IBPS Clerks,SBI POs,UPSC

Current General Awareness-2016 MCQ-66

Wells Fargo loses crown as most valuable bank of which country?

(A) US
(B) England
(C) India
(D) China
(E) Russia

RBI lends money to commercial banks in the event of any shortfall of funds at the rate of……….

(A) Statutory Lending Rate
(B) Reverse Repo Rate
(C) Repo Rate
(D) Cash Reserve Ratio
(E) RBI Reference Rate

What is the purpose of S4A scheme?

(A) Savings
(B) meant to strengthen the lender’s ability to deal with stressed assets and converting part of the debt into equity without necessarily changing the control of the company ‘
(C) Recurring Deposit
(D) .Current Account deposits
(E) None

Which of the following person is being declared saint by Pope Francis in Vatican City?

(A) Maura Clarke
(B) Anna Vyrubova
(C) Mother Teresa
(D) Mother Angelica
(E) Elizabeth Ann Seton

Identify the right option among the following with regard to Software Robotics in banking industry.

(A) The software robots help to bring operational efficiency, higher accuracy and a massive reduction in processing time for customer services in banks.
(B) They can execute activities including data entry and validation, automated formatting, workflow acceleration, multi-format message creation, text mining, reconciliations and currency exchange rate processing among others.
(C) ICICI Bank is the first bank to successfully deploy Software Robotics for power banking operations.
(D) The software robots can perform over 10 lakh banking transactions every working day.
(E) All the above

Fatma Samoura was appointed as the first female Secretary General of FIFA on May 13, 20 She belongs to?

(A) Cameroon
(B) Djibouti
(C) Liberia
(D) Senegal
(E) Sierra Leone

Does possession of a forged note attract the punishment of fine or imprisonment?

(A) No
(B) Mere possession of a counterfeit note does not attract punishment. Possession of a counterfeit note knowing to be such and intending to use the same as genuine or that it may be used as genuine, is punishable under Section 489C of Indian Penal Code, 1860.
(C) Not known
(D) It is not a crime
(E) None of these

Asian Development Bank (ADB) has approved S 631-mn loan to develop the proposed ……….coastal industrial corridor.

(A) Visakhapatnam – Chennai
(B) Mumbai – Goa
(C) Visakhapatnam – Kolkata
(D) Mangalore – Ahmadabad
(E) Gandhinagar – Kollam

What are the quantitative measures of credit control tools of RBI?

(C) LAP (Liquidity Adjustment Facility)
(D) Repo & Reverse Repo
(E) All of the above

What is a depository?

(A) It is a fixed deposit
(B) A depository can be compared to a bank. A depository holds securities, in electronic form,
(C) Money is deposited
(D) Gold items are deposited
(E) None

Hawa mahal is located in which city?

(A) Udaipur
(B) Agra
(C) Jaipur
(D) Bangalore
(E) Raipur

Noted poet, literary critic, author and winner of the Sahitya Akademi award Nalinidhar Bhattacharyya passed away.He belongs to which state?

(A) Madhya Pradesh
(B) Meghalaya
(C) Assam
(D) Punjab
(E) Haryana

Who assumed office as the Chancellor of Austria on May 17, 2016? (Chancellor is the head of Government of Austria)

(A) Heinz Fischer
(B) Thomas Klestil
(C) Christian Kern
(D) Andreas Khol
(E) Rudolf Poder

What is ‘banking outlet’?

(A) It is “a fixed point service delivery unit, _. manned by either bank’s staff or its Business Correspondent where services of acceptance of deposits, encashment of cheques/ cash withdrawal or lending of money are provided for a minimum of 4 hours per day for at least five days a week.
(B) It is a shop
(C) It is a super bazar
(D) It is a Show room
(E) None of these

The ratio of liquid assets to NDTL is called statutory liquidity ratio (SLR).In this context, NDTL stands for………

(A) Net Demand and Total Liabilities
(B) Net Dividend and Time Liabilities
(C) Net Demand and Time LIBOR
(D) Net Drought and Time Liabilities
(E) Net Demand and Time Liabilities

Foreign Exchange Market is regulated by:

(A) Ministry of External Affairs
(B) Ministry of Finance
(C) Reserve Bank of India
(D) Director General of Foreign Trade
(E) None of the above