Current General Awareness-2016 MCQ-67

What is contract fanning?

(A) An arrangement between companies dealing in agri-commodities and groups of farmers to cultivate and supply the desired quality and quantity of farm produce for regular raw-material inflow to the former is called contract farming.
(B) Taking loan for non-agriculture purpose
(C) Selling land for non-agriculture purpose
(D) Giving land on lease basis for real estate business
(E) None of these

The International Day of Charity is being observed on which date?

(A) September 4
(B) September 5
(C) September 6
(D) September 3
(E) September 7

According to the recent publication titled ‘Endemic Vascular Plants of India1, released by the Botanical Survey of India (BSI), which state accounts for the highest number flowering plants in the country.

(A) West Bengal
(B) Punjab
(C) Telangana
(D) Tamilnadu
(E) Karnataka

Which of the following statements is not correct?

(A) Smart Vault is a digital locker facility of ICICI Bank
(B) Shishu, Kishore and Tarun are the offerings of the Pradhan Mantri Jan Dhan Yojana
(C) There is no requirement for minimum balance in a Basic Savings Bank Deposit Account
(D) The SDRs are supplementary foreign exchange reserve assets maintained by the International Monetary Fund
(E) Bandaru Dattatreya is the current Union Minister for Labor and Employment

Many Banks these days are entering into business of offering loans against property.This business of the banks can be categorized under which of the following heads of banking?

(A) Corporate Banking
(B) Personal Banking
(C) Merchant Banking
(D) Portfolio Management Services
(E) None of the above

The popular drug ‘Acetylsalicylic Acid’ is commonly known by which among the following names?

(A) Paracetamo
(B) Aspirin
(C) Salsalate
(D) Wintergreen
(E) None of these

Saint Petersburg Ladies Trophy is associated with which of the following sports?

(A) Squash
(B) Badminton
(C) Chess
(D) Tennis
(E) Hockey

In the abbreviation BFSI, the letter F stands for what?

(A) Free
(B) Financial (Banking, Financial Services and Insurance)
(C) Forest
(D) Fellow
(E) None of these

The Union Health Ministry has recently launched LCDC campaign to eradicate leprosy.What does ‘LCDC’ stands for?

(A) Leprosy Case Deceive Campaign
(B) Leprosy Case Detector Campaign
(C) Leprosy Case Detection Campaign
(D) Leprosy Case Detecting Campaign
(E) None of these

Identify India’s largest civilian research and development agency which celebrated .its platinum jubilee recently.

(A) Council of Scientific and Industrial Research.
(B) Indian Institute of Immunology.
(C) Defence Research and Development Organisation.
(D) Indian Institute of Science Education and Research.
(E) Defence Research and Development Laboratory.

The headquarters of the Organization of Islamic Cooperation (OIC) is located in?

(A) Jakarta, Indonesia
(B) Abu Dhabi, UAE
(C) Jeddah, Saudi Arabia
(D) Baghdad, Iraq
(E) Tunis, Tunisia

Which of the following private sector lenders has acquired BSS Microfinance in an all-cash deal for Rs 139,2 cr?

(A) Federal Bank
(B) Kotak Mahindra Bank
(C) Yes Bank
(D) Axis Bank
(E) IDFC Bank

Who was recently appointed as the Non-Executive chairman of the Axis Bank?

(A) M.S.K. Sharma
(B) Aditya Puri
(C) Sanjiv Sharma
(D) Shikha Sharma
(E) Rana Kapoor

The main legislations pertaining to Capital Market are:

(A) SEBI Act 1992 to protect investors
(B) The Securities Contract (Regulation) Act 1956
(C) The Depositories Act 1996
(D) The Companies Act 1956 -Amended in 2013
(E) All of the above

What is an AAP in business?

(A) It is Asset Allocation Plan. AAP is about not putting all your eggs in one basket
(B) It is NGO
(C) It is a voluntary organisation
(D) It is a social service organisation
(E) None of these

The coins issued under the authority of Section 6 of which Act shall be legal tender in payment or on account?

(A) The Coinage Act, 2011
(B) Indian Contract Act
(C) Negotiable Instruments Act
(E) None of these