Current General Awareness-2016 MCQ-70

CRIS is one of the is India’s rating index developed by Ministry of Finance. CRIS Stands for:

(A) Competitive Rating Index of Sovereigns
(B) Comparative Rating Index of Sovereigns
(C) Consistent Rating Index of Sovereigns
(D) Corporate Rating Index of Sovereigns
(E) Credit Rating Information System

In MICR technology the information is printed on the instrument/cheque with a special type of ink which is made up of magnetic material.In the abbreviation MICR, the letter R stands for what?

(A) Recognition (MICR: Magnetic Ink Character Recognition)
(B) Registration
(C) Removal
(D) Resignation
(E) None of these

Chinese smart phone manufacturer Xiaomi has finally launched its own mobile payment service called as ……….

(A) Mi Pay
(B) Me Pay
(C) You pay
(D) Xi Pay
(E) None of these

India’s fiscal deficit during the five months August 2016 was…of the budgeted tar-for the fiscal year ending in March 2017, per the government data showed on 1 September 2016.

(A) 76.4 percent
(B) 72.4 percent
(C) 7.2 percent
(D) 81.6 percent
(E) 3.3 percent

What is the full form of FATCA?

(A) Foreign Account Tax Compliance Act
(B) Foreign Account Tax Companies Act
(C) Forex Account Tax Companies Act
(D) Foreign Account Total Compliance Act
(E) None of these

The Centre has finally made up its mind on setting up an independent agency to manage its debt after years of discussions with the RBI.The new body will be called

(E) None

Free charge partners with which Bank to launch UPI payment app?

(D) UCl
(E) Axis

India’s GDP growth slowed to ………percent in the first quarter.

(A) 7
(B) 7.2
(C) 7.5
(D) 7.1
(E) None of these

The SDK guidelines enable banks to effect change in ownership where the existing promoters are found to be wanting.At the time of restructuring, lenders are required to incorporate an enabling clause to convert their loans into equity if the borrower fails to achieve the viability milestones/critical conditions.Subsequently, the banks may bring in a new promoter to turnaround the borrower company.Expand SDR in this context?

(A) Special Deposit Receipt
(B) Strategic Debt Restructuring
(C) Special Drawing Rights
(D) Sure Deposit Receipts
(E) None of these

Which state government has inked a tripartite memorandum of understanding (MoU) with the Ministry of Civil Aviation and the Airport Authority of India (AAI) to develop 11 small airports and airstrips?

(A) Gujarat
(B) Meghalaya
(C) Madhya Pradesh
(D) Karnataka
(E) Tamilnadu

Which team has won gold medal in beach kabaddi event of the 5th Asian Beach Games held in Danang, Vietnam recently?

(A) Thailand
(B) India
(C) Pakistan
(D) Sri Lanka
(E) Nepal

Which country decided to close Dadaab refugee camp in May 2016? (It is the world’s biggest refugee camp)

(A) Ethiopia
(B) Eritrea
(C) Somalia
(D) Nigeria
(E) Kenya

What is a “star series” banknote?

(A) Notes issued to cinema stars
(B) The Bank has also adopted the “STAR series” numbering system for replacement of defectively printed banknotes. The Star series banknotes are exactly similar to the existing Mahatma Gandhi Series banknotes, but have an additional character viz., a *(star) in the number panel in the space between the prefix and the number as indicated.
(C) They are issued to star cricketers
(D) They are available in star hotels
(E) None of these

President Obama on 25 August 2016 nominated whom for a second five-year term as president of the World Bank despite persistent complaints among employees about his leadership at a time when the mission of the global development institution is in question?

(A) Jim Yong Kirn
(B) Ban Ki Moon
(C) Anthony Lake
(D) Margaret Chan
(E) Raghuram Rajan

RBI has reduced the Repo rate by __ as per the latest monetary policy Review?

(A) 0.25%
(B) 0.50%
(C) 0.75%
(D) 1.00%
(E) No change

What is to be done when we want to open an account with a DP? Give details?

(A) You can approach any of our DP authorized branches for opening a Demat account.
(B) At the time of opening an account, you have to sign an agreement with us in a DPs ‘ prescribed standard agreement, which details your and our rights and duties.
(C) You have to submit the following with the prescribed account opening form.
(D) Account can be opened jointly with other person(s)
(E) All the above