General / Financial Awareness Questions for SBI Clerks and PO Exams 2016 - Set 2

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1. Practice of financial intermediaries facilitating the creation of credit in the financial systems without being subject to regulatory oversight is called as .
   1. Shadow Banking
   2. Line Banking
   3. Narrow Banking
   4. Unit Banking
   5. Virtual Banking 
2. RBI constituted a 15-member inter-regulatory committee to monitor the growing phenomenon of shadow banking in 2014. Who acted as the Chairman of committee to give recommendations on shadow banking?
   1. Sambamurthy
   2. Rangachari
   3. Vijaya Bhaskar
   4. Naohiket Mor
      
   5. Raghuram Rajan 
3. On 5 May 2016, RBI issued draft norms for on-tap licensing for universal bank. As per these guide lines, the initial minimum paid. up voting equity capital required is
   1. Rs.1000 cr
   2. Rs.1200 cr
   3. Rs.1500 cr
   4. Rs.4000 cr
   5. Rs.500 cr 
4. On 25 May 2016, the Cabinet Committee on Economic Affairs approved which bank's request for an increase in the foreign investment limit to 74% from the existing limit of 41.67% without any sub-limits?
   1. ICICI
   2. HDFC
   3. SBI
   4. Corporation Bank
   5. YES Bank 
5. On 5 May 2016, SEBI granted in-principle approval to which bank for it to act as cus-todian of securities (COS)?
   1. Andhra Bank
   2. BMB
   3. Punjab and Sindh Bank
   4. Citi Bank
   5. YES Bank 
6. Which Public Sector Bank became the first state-run lender to open an International Banking Unit (IBU) at the International Rnancial Services Centre (IFSC) in Gandhi nagar on 6 May 2016?
   1. State Bank of India
   2. Syndicate Bank
   3. IDBI Bank
   4. Indian Bank
   5. UCO Bank 
7. Effect from 1 June 2016, the Government of India raised the threshold limit of PF withdrawal for Tax Deducted at Source (TDS) from existing Rs.30,000 to
   1. Rs.35,000
   2. Rs.2,50,000
   3. Rs.1,50,000
   4. Rs.1,00,000
   5. Rs.50,000 
8. NIIF signed a MoU with Qatar Investment Authority (QIA) for facilitating investment in India infrastructure. NIIF stands for
   1. National Institution and Infrastructure Fund
   2. National Investment and Intern Fund
   3. National Investment and Intolerance Fund
   4. National Investment and Infrastructure Fund
   5. National Indirect and Infrastructure Fund 
9. With a view to maximizing economic impact mainly through infrastructure development in commercially viable projects, National Investrnent and Infrastructure Fund (NIIF) was established. The goveming council of NIIF headed by
   1. SEBI
   2. RBI
   3. Finance Minister
   4. President of India
   5. Union Finance Secretary 
10. Union Cabinet on 25 May 2016 approved the first-ever policy for the country's capital goods sector, envisaging creation of over 21 million new jobs by 2
    1. 2025
    2. 2020
    3. 2022
    4. 2030
    5. 2000 
11. On 10 May 2016, Champaran Satyagrah Express inaugurated by Union Railway Minister Suresh Prabhu in
    1. Gujarat
    2. Maharashtra
    3. Odisha
    4. UP
    5. Bihar 
12. India signed Multilateral Competent Authority Agreement at for automat-ic exchange of country-by-country reports (CbC MCAA) as part of continuing efforts to boost transparency by multinational enter-prises.
    1. Kabul
    2. Doha
    3. Mexico City
    4. Beijing
    5. Berne 
13. The single emergency number will be operational throughout India from January 1, 2017 to help people reach immediate services of police, ambulance and fire department.
    1. 108
    2. 104
    3. 139
    4. 182
    5. 112 
14. Which state declared to establish Asia's first Rice Technology Park?
    1. Andhra Pradesh
    2. West Bengal
    3. Karnataka
    4. Odisha
    5. Himachal Pradesh 
15. World's largest single rooftop solar power plant of 11.5 mw capacity was inaugurated recently in
    1. Jammu and Kashmir
    2. Andhra Pradesh
    3. Punjab
    4. Rajasthan
    5. West Bengal 

Shared by Shravan Varma Gadiraju

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