Important Current Affairs GK Quiz for IBPS PO Exams 2016

August 6, 2016    

Important Current Affairs GK Quiz for IBPS PO Exams (5th 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). Former Comptroller and Auditor General (CAG) of India ______has stepped down from private sector lender IDFC Bank’s board.
a) Vinod Rai
b) V. K. Shunglu
c) VN Kaul
d) Shashi Kant Sharma
e) None of the above


Answer: a)
Explanation: Former Comptroller and Auditor General (CAG) of India Vinod Rai has stepped down from private sector lender IDFC Bank’s board. The decision is to avoid conflict of interest as Mr. Rai is also the chairman of Bank Board Bureau (BBB) which will not only select board members of public sector banks but will also devise strategies for them.

2). Who among the following becomes the Chief Minister of Gujarat?
a) Anandiben Patel
b) Niten Patil
c) Vijay Rupani
d) Vinod Rai
e) None of these


Answer: c)
Explanation: Vijay Rupani was chosen as the new Chief Minister of Gujarat by the BJP legislators to succeed Anandiben Patel.

3). The Bengaluru boy, Om Prakash Gowda smashed the previous record of 48.21 meters made in 2012, by Shreeya Rakesh Deshpande. He has set a new record in____________.
a) Long jump
b) Car racing
c) High jump
d) Limbo skating


Answer: d)
Explanation: A six-year-old boy from Bengaluru has set a new record in limbo skating. The Bengaluru boy, Om Prakash Gowda smashed the previous record of 48.21 meters made in 2012, by Shreeya Rakesh Deshpande.

4). The Reserve Bank of India (RBI) has set up a committee to look at the various facets of ________in India and to benchmark the country’s position vis-à-vis both peer countries and advanced countries.
a) Personal finance
b) Household finance
c) Corporate finance
d) Public finance


Answer: b)
Explanation: The Reserve Bank of India (RBI) has set up a committee to look at the various of household finance in India and to benchmark the country’s position vis-à-vis both peer countries and advanced countries.

5). Who has assumed charge of new General Manager of East Central Railway (ECR) with headquarters at Hajipur in Bihar?
a) C K Gayen
b) D K Gayen
c) A K Gayen
d) Aditya Kumar Mittal
e) None of the above


Answer: b)
Explanation: D K Gayen assumed charge of new General Manager of East Central Railway (ECR) with headquarters at Hajipur in Bihar.

6). The US has agreed to provide five Central Asian countries with up to $15 million. Which of the following does not include in the five central Asian countries?
a) Kazakhstan
b) Kyrgyzstan
c) Afghanistan
d) Tajikistan
e) Turkmenistan


Answer: c)
Explanation: The US has agreed to provide five Central Asian countries with up to $15 million. Five central Asian countries are Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.

7). Name the pharmaceutical Company which has received final approval from the US Food and Drug Administration (FDA) for generic Tamiflu capsules used for treatment of influenza in the American market with 180 days of exclusivity.
c) Natco Pharma
d) Torrent Pharma
e) Cadila Pharmaceuticals Ltd


Answer: c)
Explanation: Hyderabad-based NatcoPharma has received final approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) of generic versions of Tamiflu oral capsules, 30 mg, 45 mg and 75 mg.

8). Who has been elected as an individual member of the International Olympic Committee (IOC) thus becoming India's first woman to join the body?
a) Pia Singh
b) Nita Ambani
c) Ekta Kapoor
d) Renuka Ramnath
e) Meena Ganesh


Answer: b)
Explanation: Nita Ambani, Founder chairperson of the Reliance Foundation, has been elected as an individual member of the International Olympic Committee (IOC) thus becoming India's first woman to join the body.

9). The Central Board of Direct Taxes (CBDT) entered into a Bilateral Advance Pricing Agreement (APA) on 2nd August, 2016 with the Indian subsidiary of a trading company of which country?
d) Indonesia
e) None of the above


Answer: c)
Explanation: The Central Board of Direct Taxes (CBDT) entered into a Bilateral Advance Pricing Agreement (APA) on 2nd August, 2016 with the Indian subsidiary of a Japanese trading company. This is the first Bilateral Advance Pricing agreement with a Japanese company having a “Rollback” provision in it.

10). Name the bank that cuts the interest rates for first time since 2009.
a) Bank of England
b) Bank of Australia
c) Bank of Russia
d) Bank of Germany
e) Bank of Canada


Answer: a)
Explanation: The Bank of England cut interest rates for the first time since 2009 and said it would buy 60 billion pounds of government debt to ease the blow from Britain's June 23 vote to leave the European Union.

11). States have issued bonds worth _______under the UDAY scheme for revival of their debt-ridden discoms?
a) Rs 0.66 lakh crore
b) Rs 5.66 lakh crore
c) Rs 4.66 lakh crore
d) Rs 2.66 lakh crore
e) Rs 1.66 lakh crore


Answer: e)
Explanation: States have already issued bonds worth Rs 1.66 lakh crore under the UDAY scheme for revival of their debt-ridden discoms, Parliament was informed on 4th August, 2016.

12). Name the state that has signed a MoU with Indian Space Research Organisation for setting up Water Resources Information System in the state.
b) Telangana
c) Hyderabad
d) Andhra Pradesh


Answer: b)
Explanation: Telangana state Irrigation Department will sign a memorandum of understanding (MoU) with Indian Space Research Organisation (ISRO) to set up Telangana Water Resources Information System

13). 23rd Rajiv Gandhi National Sadbhavana Award will be given to Shubha Mudgal for her outstanding contribution towards the promotion of communal harmony, peace and goodwill. What is the award money for this prize?
a) Rs. 5 lakhs
b) Rs. 12 lakhs
c) Rs 10 lakhs
d) Rs. 9 lakhs
e) Rs. 8 lakhs


Answer: c)
Explanation: 23rd Rajiv Gandhi National Sadbhavana Award will be given to Shubha Mudgal for her outstanding contribution towards the promotion of communal harmony, peace and goodwill.

14). Software giant, IBM in collaboration with Apple has launched a global development hub called ________for iOS Garage in Bengaluru.
b) NetFirst
c) MobileFirst
d) MobileF


Answer: c)
Explanation: Software giant IBM and Apple has launched a global development hub called MobileFirst for iOS Garage in Bengaluru.

15). Who will launch a mobile app for PMO, which has been developed by six students, selected through a contest to make the app?
a) Finance Minister
b) Health Minister
c) Prime Minister
d) President
e) Education Minister


Answer: c)
Explanation: Prime Minister Narendra Modi will launch a mobile app for (PM Office) PMO which has been developed by six students, three of whom are from Delhi Technical University.

16). Name the Assamese Litterateur who passed away recently?
a) Mahim Bora
b) Vikram Bora
c) Pavan Bora
d) Mithlesh Bora
e) Rahim Bora


Answer: a)
Explanation: Eminent Assamese litterateur Mahim Bora died due to old age problems in a private nursing home here, his family sources said. He was 92.

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Important Current Affairs GK Quiz for IBPS PO Exams 2016 4.5 5 Yateendra sahu August 6, 2016 Important  Current Affairs GK Quiz for  IBPS PO Exams  (5th August 2016) : Dear Readers, Here we have given the Current Affairs GK ques...


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