Who was appointed as the new Chief Economist of World Bank on 18 July 2016?

(A) Hollis Burnley Chenery
(B) Raghuram Govind Rajan
(C) Paul Romer
(D) Arvind Subramanian
(E) Takehiko Nakao

On 1 August 2016, RBI released guidelines for ‘on tap’ licensing of Universal Banks in the private sector. As per these guidelines, the validity of the in-principle approval issued for these banks will be ……..

(A) 12 months
(B) 24 months
(C) 20 months
(D) 36 months
(E) 18 months

Which state declared to introduce a chapter in school syllabus against witch craft killings?

(A) Kerala
(B) Karnataka
(C) Jharkhand
(D) West Bengal
(E) Haryana

Union Minister for Rural Development Birender Singh has released a central share of …………………… to the states for implementation of its flagship programmes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)?

(A) Rs. 12,230 crore
(B) Rs. 12,340 crore
(C) Rs.12,545 crore
(D) Rs.12,675 crore
(E) None

Indian School of Business and ………………. signed a memorandum of understanding (MoU) to develop new thinking and practices in the areas of innovation and entre-premiership?

(A) Singapore Management University
(B) Oxford Management University
(C) France Management University
(D) University of Washington
(E) None

SAARC Immigration Authorities meeting held in which of the following city?

(A) New Delhi
(B) Islamabad
(C) Kathmandu
(D) Kabul
(E) Dhaka

Which of the following regulates Mutual Funds?


To maintain price stability, while keeping in mind the objective of growth, RBI Act 1934 has been amended by the Finance Act, 2016 to provide for a statutory and institutionalized framework for MFC. In this context, MPC stands for……..

(A) Money Policy Committee
(B) Monetary Prime Committee
(C) Monetary Public Committee
(D) Maintain Policy Committee
(E) Monetary Policy Committee

‘On tap’ licensing of Universal Banks stopped current stop-start policy of RBI to issue licenses to Banks. The minimum paid-up voting equity capital for this bank shall be

(A) Rs. 100 crores
(B) Rs.1OOOcrores
(C) Rs.1500 crores
(D) Rs.5000 crores
(E) Rs.500 crores

New Chief Minister of Gujarat is Vijay Rupani. Who is the Deputy Chief Minister of Gujarat?

(A) Nirmal Kumar Singh
(B) Sukhbir Singh Badal
(C) K. E.Krishnamurthy
(D) Nitin Patel
(E) Tejashwi Yadav

Which telecom service provider will buy Aircel’s 4G spectrum in eight circles for Rs. 3,500 crore through a trading deal, which would make India’s No. 1 phone company?

(A) Vodafone
(B) Tata Docomo
(C) Idea
(D) Airtel

Which nation decided to hold first Zika vaccine test on humans?

(A) UK
(B) Australia
(C) Canada
(D) Brazil
(E) Mexico

The National Handloom Day is celebrated on which day in India?

(A) August 7
(B) August 8
(C) August 5
(D) August 6
(E) August 11

With reference to world trade, the abbreviation GATT stands for?

(A) General Aspects on Tariff and Trade
(B) General Agreement on Traffic and Trade
(C) General Agreement on Tariffs and Trade
(D) Geneva Agreement on Tariff and Trade
(E) None of these

Monetary Policy Committee will consist of how many members?

(A) 4
(B) 10
(C) 6
(D) 18
(E) 12

As per RBI statement, the proposed Universal Bank shall have a minimum net worth of……….. at all times.

(A) Rs.500 crore
(B) Rs.100 crore
(C) Rs.50 crore
(D) Rs.10 crore
(E) Rs. 1000 crore

Youssef Chahed appointed as the Prime Minister of Tunisia on 3 August 2016 . Tunisia capital is Tunis and Tunisia currency is…………

(A) Dollar
(B) Pound
(C) Peso
(D) Rupee
(E) Dinar