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

Current General Awareness-2016 MCQ-63

The 13th South Asian Games will be held in 2018 in which of the following countries?

(A) India
(B) Bangladesh
(C) Sri Lanka
(D) Nepal
(E) Bhutan

What is the purpose of 5/25 Scheme?

(A) To enable banks to offer finance for long-gestation projects in the infrastructure/core industries sector and they have been allowed to extend structured long term project loans with periodic refinancing option.
(B) Stock Market sales
(C) PPP
(D) PPF
(E) None of these

Name the Indian Coal Company which has signed an MoU with Indian Council of Forestry Research and Education (ICFRE) for effectively monitoring of environment related issues in the coal mining projects.

(A) EC
(B) CIL
(C) GMDC
(D) NLC
(E) SEC

The world’s first three-parent baby boy was born in which of the following countries to a Jordanian couple with the help a controversial new fertility technique that incorporates DNA from three people in the embryo.

(A) Canada
(B) Mexico
(C) United States
(D) Switzerland
(E) Italy

Which city hosted the 13th Summit of the Organization of Islamic Cooperation (OIC) in April 2016?

(A) Istanbul, Turkey
(B) Doha, Qatar
(C) Putra Jaya, Malaysia
(D) Mecca, Saudi Arabia
(E) Cairo, Egypt

The Union Govt appointed R Subramania Kumar as Executive Director (ED) of state-owned Indian Overseas Bank.The Indian Overseas Bank is headquartered in____.

(A) Hyderabad
(B) Bengaluru
(C) Kochi
(D) Chennai
(E) Mumbai

Creating one of the largest bank assurance partnerships in India, Axis Bank tied up with ……….enable them to combine and utilize the synergies for enhancing customer satisfaction.

(A) Insurance Australia General
(B) BNP Paribas
(C) LIC
(D) Lombard
(E) Prudential

Universal Banking means offering different types of financial products like:

(A) Banking
(B) Insurance
(C) Mutual Funds
(D) Capital Market related products
(E) All of the above

What is Wealth Management?

(A) It is relating to agriculture only
(B) It is relating to industries only
(C) Wealth Management is an advanced investment advisory discipline that incorporates Financial Planning and Specialist Financial Services through a simple financial planning worksheet, which gives a map for the journey of realizing our dreams.
(D) It is relating to gold
(E) None of these

Which country uses the currency Colombian peso?

(A) Colombia
(B) Argentina
(C) Bahrain
(D) Canada
(E) Dubai

The World Maritime Day is observed across the world on ……..

(A) September 9
(B) September 19
(C) September 29
(D) August 9
(E) October 19

Who was appointed as the new Chairman of the National Stock Exchange (NSE) in May 2016?

(A) Vijay Shankar Pandey
(B) Ajay Narayan Jha
(C) Ashok Chawla
(D) Ajay Mittal
(E) Devendra Chaudhary

Monetary Policy Committee (MFC) decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 percent to how much w.e.f.4.10.2016 ?

(A) 6.25%
(B) 8%
(C) 7%
(D) 7.50%
(E) None

Retail inflation is expected to be ……….by March 2017 with upside risk, as per the statement given by RBI.

(A) 5.5 percent
(B) 6.5 percent
(C) 5.0 percent
(D) 7.0 percent
(E) 4. 5 percent

Who among the following Economists are picked up by the government from the academic world for a new monetary policy committee to set interest rates, as the Reserve Bank of India (RBI) gets ready for a landmark switch in the way it decides policy?

(A) Chetan Ghate, a professor at the Indian Statistical Institute
(B) Pami Dua, a director at the Delhi School of Economics
(C) Ravindra Dholakia, a professor at the Indian Institute of Management, Ahmedabad
(D) Dr. C. Rangarajan, an illustrious Governor of the Reserve Bank of India between 1992 and 1997
(E) a, b & c

The Basel Committee for Banking Supervision (BCBS) had introduced the Liquidity Coverage Ratio (LCR) in order to ensure that a bank has an adequate stock of unencumbered High Quality Liquid Assets (HQLA) to survive a significant liquidity stress lasting for a period of __ days.

(A) 15
(B) 30
(C) 21
(D) 60
(E) None of these