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

Current General Awareness-2016 MCQ-58

Holkar Cricket Stadium hosted its first Test match in October 2016 . It is situated in which of the following Indian cities?

(A) Nagpur
(B) Jalandhar
(C) Jamshedpur
(D) Srinagar
(E) Indore

The opening of new branches and shifting of existing branches of banks is governed by the provisions of which Section of the Banking Regulation Act, 1949?

(A) 5
(B) 23
(C) 25
(D) 30
(E) 35

CRR is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank.In this context, CRR stands for………

(A) Cash Random Reserve
(B) Cash Reel Reserve
(C) Cash Reserve Ratio
(D) Credit Reserve Ratio
(E) Credit Rope Ratio

Which of the following is NOT the name of the currency of a country?

(A) Rand
(B) Pound
(C) Dinar
(D) Rang
(E) Dollar

Recurring Deposit is a product to provide a person with an opportunity to build up saving through ____ over a period of time.

(A) lumpsum
(B) regular monthly deposits of fixed sum basis
(C) donations
(D) Direct Benefit Transfer
(E) None of these

BRICS Convention on Tourism was inaugurated in which of the following state?

(A) Karnataka
(B) Mumbai
(C) Telangana
(D) Madhya Pradesh
(E) New Delhi

The Union labour ministry on 29th September 2016 decided to hike the exposure of the ‘Employees Provident Fund’s incremental corpus in equity markets from five percent to …for the current financial year, without consulting the Central Board of Trustees (CBT).

(A) 8%
(B) 8)9%
(C) 10%
(D) 11%
(E) 15%

The Imperial Bank of India (IBI) was transformed into?

(A) Central Bank of India
(B) Bank of India
(C) State Bank of India
(D) Bank of Baroda
(E) Punjab National Bank

Which of the following banks has appointed Parvez Ahmed as Chairman and CEO of the bank?

(A) Andhra Bank
(C) 8MB
(D) Jammu and Kashmir Bank
(E) None

Qatar National Bank (QNB) has been given approval to open a branch in which country for offering banking services?

(B) India
(C) Sri Lanka
(D) Iran
(E) Nepal

IAF is a fund by the SIDBI for funding start ups in India. IAF stands for?

(A) India Aspiration Fund
(B) India Agriculture Fund
(C) India Air Force Fund
(D) India Achievement Fund
(E) None of these

Framework for Revitalizing Distressed Assets envisages which of the following?

(A) a corrective action plan that incentivizes early identification of problem cases, timely restructuring of accounts considered to be viable and taking prompt steps by banks for recovery or sale of unviable accounts.
(B) Investments
(C) Brokerage
(D) Commission
(E) None of these

Railway has launched an insurance scheme for passengers travelling on e- ticket.The insurance cover will be up to ………lakhs.

(A) Rs.5
(B) Rs.7
(C) Rs.7.8
(D) Rs.8.3
(E) Rs.10

India has conducted Joint Military Training Exercise Yudh Abhyas 2016 at the Chaubattia Military Station in Ranikhet, Uttarakhand with which of the following countries?

(A) Germany
(B) France
(C) United States
(D) South Korea
(E) Russia

Which country has severed its 40 year old diplomatic ties with Iran in May 2016?

(A) India
(B) Maldives
(C) Sri Lanka
(D) Bangladesh
(E) Russia

The first banknote issued by independent India was the one rupee note issued in which year? While retaining the same designs the new banknotes were issued with the symbol of Lion Capital of Ashoka Pillar at Sarnath in the watermark window in place of the portrait of King George.

(A) 1950
(B) 1947
(C) 1949
(D) 1969
(E) None