Important Current Affairs GK Quiz for IBPS PO Exams 2016

August 16, 2016    

Important Current Affairs GK Quiz for IBPS PO Exams (15th August 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 PO/RRB exam and all other Banking exams can use these questions.


1).New business premiums of life insurance companies saw a 4 per cent rise to Rs 13,854.44 crore in July 2016. Among private players, ________ registered the highest premium from new business at Rs 676.54 crore, a jump of 36 per cent from Rs 497.08 crore last year.
a) SBI Life
b) ICICI Lombard
c) HDFC Standard Life
d) Max Life
e) HSBC OBC


Answer: a)
Explanation: New business premiums of life insurance companies saw a 4 per cent rise to Rs 13,854.44 crore in July 2016 as against Rs 13,319.97-crore premium collected in the same month last year. Among private players, SBI Life registered the highest premium from new business at Rs 676.54 crore, a jump of 36 per cent from Rs 497.08 crore last year.

2).Which country is set to launch the world's first quantum communication satellite having hack-proof ultra-high security features to prevent wiretapping and intercepts?


Answer: c)
Explanation: China is set to launch the world's first quantum communication satellite having hack-proof ultra-high security features to prevent wiretapping and intercepts.

3).Dipa Karmakar finishes fourth in the Vaults final marking India’s most stupendous international achievement. Who won the gold medal?
a) Giulia Steingruber
b) Maria Paseka
c) Simone Biles
d) Oksana Chusovitina


Answer: c)
Explanation: Dipa Karmakar finishes fourth in the Vaults final marking India’s most stupendous international achievement. Simone Biles won the gold medal. The stunning Cheng got the American 15.900, and the next gave her the gold.

4).ONGC has launched a Rs __________ start-up fund on its diamond jubilee year “to foster, nurture and incubate new ideas related to the oil & gas sector”.
a) 450-crore
b) 330-crore
c) 275-crore
d) 180-crore
e) 100-crore


Answer: e)
Explanation: Government-owned Oil and Natural Gas Corporation has launched a Rs 100-crore start-up fund on its diamond jubilee year “to foster, nurture and incubate new ideas related to the oil & gas sector”. The initiative, christened ‘ONGC Start-up’, is in line with the government's Startup India initiative.

5).Two PSU Banks have started a facility wherein an account holder can verify his income tax return on e-filing site even without having net banking. They Are
a) United Bank of India
b) Punjab National Bank
c) Andhra Bank
d) 1 and 2
e) 1 and 3


Answer: d)
Explanation: After Punjab National Bank and United Bank of India, more banks are likely to soon start a facility wherein an account holder can verify his income tax return on e-filing site even without having net banking.

6).Japan has committed investments of about USD ______ billion in India in various areas including high-speed rail service, manufacturing sector.


Answer: c)
Explanation: Railway Minister Shri Suresh Prabhu has said that Japan has committed to invest USD 25 billion in India and the country will benefit immensely from the investment.

7).Name the first woman Chief Justice of the Calcutta High Court who recently has been named the new Chief Justice of the Bombay High Court.
a) Sujata Manohar
b) Manjula Chellur
c) Leila Seth
d) Fathima Beevi
e) Sudhi Ranjan Das


Answer: b)
Explanation: The first woman Chief Justice of the Calcutta High Court, ManjulaChellur, has been named the new Chief Justice of the Bombay High Court.

8).Name the player who wins the gold with an incredible 9.81 second in 100m run.
a) Usain Bolt
c) Elaine Thompson
d) Tori Bowie
e) Fraser-Pryce


Answer: a)
Explanation: Jamaican Bolt wins the gold with an incredible 9.81 second run. Gatlin from USA, who was in the lead at one point, missed the gold medal by a mere 0.08 seconds. He finished at 9.89, winning Silver.

9).The first ever BIO-CNG project in India was inaugurated in
b) Maharashtra
c) Uttar Pradesh
d) Andhra Pradesh
e) Mizoram


Answer: a)
Explanation: The first ever BIO-CNG project in India was inaugurated in Pune, by the hands of Union Minister of surface Transport NitinGadkari and Defence Minister ManoharParrikar.

10).Government is likely to get an estimated Rs 23,944.4 crore from clean environment cess in the ongoing financial year. By whom the cess is to be collected?
a) Pharmaceuticals Manufacturers
b) Coal India limited (CIL)
c) Petrochemicals, Oil, Gas & Refineries
d) Iron India limited (IIL)
e) Silicon India limited (SIL)


Answer: b)
Explanation: Government is likely to get an estimated Rs 23,944.4 crore from clean environment cess in the ongoing financial year. The cess is to be collected by Coal India limited (CIL) and deposited with the Government of India based on the budgeted estimated production of coal.

11).South Indian Bank associated with which among the following banks to launch co-branded credit card?
a) Punjab National Bank
b) ICICI Bank
c) Syndicate Bank
d) Andhra Bank
e) State Bank of India


Answer: e)
Explanation: South Indian Bank, leading private sector bank, and SBI Card, one of India's leading Credit Card issuers, on Friday, announced the launch of co-branded credit cards for the customers of South Indian Bank.

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Important Current Affairs GK Quiz for IBPS PO Exams 2016 4.5 5 Yateendra sahu August 16, 2016 Important  Current Affairs GK Quiz for  IBPS PO Exams  (15th August 2016) : Dear Readers, Here we have given the Current Affairs GK ques...


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