Important Current Affairs GK Quiz for SBI /IBPS PO Exams 2016

July 24, 2016    

Important Current Affairs GK Quiz for SBI /IBPS PO Exams (23rd July 2016):
Dear Readers, Here we have given the Current Affairs GK questions based on the previous days Daily Current Affairs updates. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other Banking exams can use these questions.

1).Department of Industrial Policy and Promotion (DIPP) organised a day-long conference on Startup India on July 23 in ________.
a) Uttar Pradesh
c) New Delhi
d) Gujarat
e) West Bengal


Answer: c)
Explanation: Department of Industrial Policy and Promotion (DIPP) organised a day-long conference on Startup India on July 23 in Delhi.The conference will be presided over by commerce minister NirmalaSitharaman.

2). To attract investment in IT, electronics and biotechnology sector, Odisha has decided to organize an investors’ meet in _______.
a) Bhubaneswar
b) Bangalore
c) Hyderabad
d) Chennai
e) Kolkata


Answer: b)
Explanation: To attract investment in IT, electronics and biotechnology sector, the state government has decided to organize an investors’ meet in Bengaluru on August 26 in line with the Centre’s Make in India week held in Mumbai in February.

3). HDFC Ltd will issue non-convertible debentures (NCDs) on a private placement basis to raise ______ crore.
a) Rs.1000 crore
b) Rs.2000 crore
c) Rs.3000 crore
d) Rs.4000 crore
e) Rs.5000 crore


Answer: b)
Explanation: HDFC Ltd will issue non-convertible debentures (NCDs) on a private placement basis to raise Rs 2,000 crore. The secured, redeemable NCDs to be issued on July 27, will carry a coupon rate of 8.15 per cent per annum.

4). RBI has received a proposal from the Commerce and Industry Ministry to use a part of Forex reserves to give ______ loans at ______ interest rates to the Export Import Bank of India.
a) Long-term loans at high-interest rates
b) Short-term loans at low-interest rates
c) Short-term loans at high-interest rates
d) Long-term loans at low-interest rates
e) None of these


Answer: d)
Explanation: RBI has received a proposal from the Commerce and Industry Ministry to use a part of forex reserves to give long-term loans at low-interest rates to the Export Import Bank of India.

5). Who beats Warren Buffett to become the third-richest person on Earth?
a) Bill Gates
b) Mukesh Ambani
c) Jeff Bezos
d) Mark Zukerberg
e) None of these


Answer: c)
Explanation: Jeff Bezos just snuck past Warren Buffett to become the third-richest person on Earth. The Amazon.com founder’s net worth was $65.1 billion on Thursday, topping Buffett by $32 million on the Bloomberg Billionaires Index.

6). How many public sector banks out of 27 posted losses in the last financial year due to Asset Quality Review which was initiated by RBI?


Answer: d)
Explanation: Fourteen public sector banks out of 27 posted losses in the last financial year.The main reason for their losses was Asset Quality Review initiated by the Reserve Bank of India.

7). Indian Railway Catering and Tourism Corporation said it is launching a host of initiatives, including passenger insurance and unreserved ticketing. Insurance will cost less than Rs. 2 per trip for a sum insured of ______ lakh.
a) Rs.1 lakh
b) Rs.2 lakh
c) Rs.5 lakh
d) Rs.10 lakh
e) Rs.20 lakh


Answer: d)
Explanation: Indian Railway Catering and Tourism Corporation said it is launching a host of initiatives, including passenger insurance and unreserved ticketing. Insurance will cost less than Rs. 2 per trip for a sum insured of Rs. 10 lakh.

8). Who has been appointed as the new Chairperson of Joint Parliamentary Committee examining the Land Acquisition Bill?
a) Vijayendra Singh
b) Vikram Singh
c) Ganesh Singh
d) Ankit Singh
e) None of these


Answer: c)
Explanation: BJP LokSabha member Ganesh Singh was appointed the new Chairperson of the Joint Committee of Parliament examining the Land Acquisition Bill. Singh replaced S SAhluwalia, who became Minister of the State for Parliamentary Affairs in reshuffle of the council of ministers on 5 July 2016.

9). LokSabha passes Bill to establish new NIT in
a) Karnataka
b) Telangana
c) Madhya Pradesh
d) Andhra Pradesh
e) None of these


Answer: d)
Explanation: The LokSabha passed the National Institute of Technology, Science, Education and Research (Amendment) (NITSER) Bill, 2016.The bill seeks to establish a new National Institute of Technology (NIT) in Andhra Pradesh as an institute of national importance under the NITSER Act, 2007 with an effect from August 2015.

10). Feeding of Elephants festival held in which state of India?
a) Tamil Nadu
b) Andhra Pradesh
c) Haryana


Answer: e)
Explanation: The Aanayoottu festival was held at the NjangattiriBhagavathi Temple in Palakkad district of Kerala. Elephants are fed specially-medicated food during the festival, which is held across various parts of the state.


11). “Green PIN” an online module for generation of Personal Identification Number (PIN) for credit card holders is launched by which among the following banks?
a) United Bank of India
b) IndusInd Bank
c) Corporation Bank
d) Karnataka Bank
e) None of these


Answer: c)
Explanation: Corporation Bank has launched a new facility called ‘Green PIN’. This is an online module for generation of Personal Identification Number (PIN) for credit card holders. The facility enables credit card users to generate PIN online.

12). Who has recently become the first Indian Test Captain to score a double century outside India?
a) Virat Kohli
b) Rohit Sharma
c) Murali Vijay
d) MS Dhoni
e) None of these


Answer: a)
Explanation: India test team captain ViratKohli became the first Indian captain to score a double century outside India. Kohli scored 200 runs against West Indies on day two of the first Test at the Sir Vivian Richards stadium in North Sound.

13). Which of the following Indian states won two Gold Awards at the Pacific Asia Travel Association Awards?
a) Rajasthan
b) Karnataka
c) Jammu and Kashmir
e) Gujarat


Answer: d)
Explanation: Kerala Tourism won two Gold Gongs at the Pacific Asia Travel Association (PATA) Awards. Kerala Tourism bagged the award in recognition of its trend setting marketing initiatives, which have given a boost to the state's profile as a must-visit destination.

14). Facebook recently successfully completed test flight of its Internet drone. What is the name of the drone?
b) Marshala
d) Harmsila


Answer: e)
Explanation: Facebook Inc announced the successful completion of test flight of a solar-powered drone named Aquila. The social media giant believes that Aquila will help to extend Internet connectivity to every corner of the planet.

15). Name the annual electronic music festival that recently commenced in Boom, Belgium.
a) Todayland
b) Tomorrowland
c) Yesterdayland
d) Birthland
e) None of these


Answer: b)
Explanation: One of the biggest electronic music festivals in the world, Tomorrowland entered its first day on Friday in the Belgian city of Boom. The line-up for the three-day festival this year includes artists Deadmau5, Tiësto and The Chainsmokers.


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Important Current Affairs GK Quiz for SBI /IBPS PO Exams 2016 4.5 5 Yateendra sahu July 24, 2016 Important  Current Affairs GK Quiz for  SBI /IBPS PO Exams  (23rd July 2016) : Dear Readers, Here we have given the Current Affairs GK q...


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